ENVX
Enovix Corporation
Price Chart
Latest Quote
$3.38
+0.02 (+0.60%)
Current Price
| Previous Close | $3.36 |
| Open | $3.34 |
| Day High | $3.52 |
| Day Low | $3.31 |
| Volume | 7,521,643 |
Stock Information
| Shares Outstanding | 219.45M |
| Total Debt | $541.72M |
| Cash Equivalents | $475.78M |
| Revenue | $35.88M |
| Net Income | $-170.03M |
| Sector | Industrials |
| Industry | Electrical Equipment & Parts |
| Market Cap | $741.74M |
| EPS (TTM) | $-0.79 |
| Exchange | NMS |
đ Comprehensive Analysis
Company Data
| Enterprise Value | $791.34M |
| Sales | $35.88M |
| Income | $-170.03M |
| Book/sh | $0.98 |
| Cash/sh | $2.17 |
| Employees | 664 |
Financial Ratios
| Quick Ratio | 9.19 |
| Current Ratio | 9.71 |
| Debt/Eq | 255.54 |
Returns & Margins
| ROA | -17.55% |
| ROE | -81.28% |
| Gross Margin | 18.83% |
| Operating Margin | -479.79% |
Ownership
| Insider Ownership | 11.71% |
| Institutional Ownership | 51.77% |
| Insider & Institutional transactions data not available | |
Valuation Ratios
| Forward P/E | -5.35 |
| P/S | 20.67 |
| P/B | 3.44 |
Analyst Data
| Recommendation | buy |
| Target Price | $11.35 |
Technical Indicators
| SMA20 | $3.93 |
| SMA50 | $4.68 |
| SMA200 | $6.28 |
| RSI | 29.21 |
| ATR | 0.3343 |
| Shares Float | 189.63M |
| Short Float | 25.14% |
| Short Ratio | 8.12 |
| Volatility | 2.33 |
| Rel Volume | 0.86 |
Performance History
| Week | +0.00% |
| Month | -19.14% |
| Quarter | -57.64% |
| 6 Months | -35.86% |
| YTD | -57.16% |
| Year | -67.87% |
| 3 Years | -75.67% |
| 5 Years | -75.84% |
| 10 Years | -73.07% |
Stock Score:
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Recent Price History
| Date | Close | Volume |
|---|---|---|
| 2026-08-31 | $3.38 | 7,527,500 |
| 2026-08-27 | $3.59 | 4,185,400 |
| 2026-08-26 | $3.40 | 4,328,300 |
| 2026-08-25 | $3.38 | 5,412,500 |
| 2026-08-24 | $3.27 | 6,796,400 |
| 2026-08-21 | $3.38 | 7,089,600 |
| 2026-08-20 | $3.27 | 8,091,600 |
| 2026-08-19 | $3.40 | 12,912,000 |
| 2026-08-18 | $3.13 | 28,491,100 |
| 2026-08-17 | $3.60 | 34,090,600 |
| 2026-08-14 | $4.39 | 5,484,900 |
| 2026-08-13 | $4.43 | 10,658,000 |
| 2026-08-12 | $4.73 | 9,074,000 |
| 2026-08-11 | $4.83 | 4,087,000 |
| 2026-08-10 | $4.64 | 3,905,100 |
| 2026-08-07 | $4.70 | 4,842,500 |
| 2026-08-06 | $4.26 | 4,330,400 |
| 2026-08-05 | $4.29 | 5,194,800 |
| 2026-08-04 | $4.40 | 4,253,500 |
| 2026-08-03 | $4.22 | 5,029,900 |
About Enovix Corporation
Enovix Corporation designs, develops, and manufactures lithium-ion battery cells in the United States and internationally. It serves wearables and IoT, smartphone, computing, electrical vehicles, and original equipment manufacturers. The company was founded in 2006 and is headquartered in Fremont, California.
đ° Latest News
Enovix (ENVX) Plans to Double Drone Battery Capacity. Is a $183M Pipeline Enough to Justify the Expansion?
Insider Monkey âĸ 2026-08-25T20:13:38Z
What Does Enovix (ENVX) Leadership Turnover And Korea Expansion Mean Now?
Simply Wall St. âĸ 2026-08-21T08:11:00Z
Multiple headwinds Weighed on Enovix Corpâs (ENVX) Performance
Insider Monkey âĸ 2026-08-20T13:33:58Z
Enovix Corporation (ENVX) Upgraded to Buy: What Does It Mean for the Stock?
Zacks âĸ 2026-08-19T16:00:04Z
After Plunging 35% in 4 Weeks, Here's Why the Trend Might Reverse for Enovix Corporation (ENVX)
Zacks âĸ 2026-08-19T13:35:01Z
Why Did STLA, GME, ENVX Shares Plunge To 52-Week Lows?
Stocktwits âĸ 2026-08-19T06:12:45ZQuantumScape Falls 6%, Enovix Sinks 14%, Solid Power Drops 4% as Yields at 19-Year Highs Hit Speculative Growth
24/7 Wall St. âĸ 2026-08-18T18:35:19Z
Top Midday Decliners
MT Newswires âĸ 2026-08-18T18:25:39ZEnovix CFO stresses âfinancially prudentâ approach as interim CEO
CFO Dive âĸ 2026-08-18T15:02:38ZWhy Did EYPT, STLA, ENVX Stocks Plunge To 52-Week Lows Today?
Stocktwits âĸ 2026-08-18T03:00:01Z
Period:
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Income Statement (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Revenue | ||||
| Reconciled Cost Of Revenue | $25,716,000 | $25,119,000 | $63,061,000 | $23,239,000 |
| Cost Of Revenue | $25,716,000 | $25,119,000 | $63,061,000 | $23,239,000 |
| Total Revenue | $31,821,000 | $23,074,000 | $7,644,000 | $6,202,000 |
| Operating Revenue | $31,821,000 | $23,074,000 | $7,644,000 | $6,202,000 |
| Expenses | ||||
| Interest Expense | $21,597,000 | $6,787,000 | $4,456,000 | $0 |
| Total Expenses | $209,075,000 | $223,936,000 | $230,467,000 | $133,260,000 |
| Other Income Expense | $27,934,000 | $-28,609,000 | $-1,556,000 | $70,205,000 |
| Other Non Operating Income Expenses | $1,341,000 | $954,000 | $-304,000 | $-54,000 |
| Net Non Operating Interest Income Expense | $-8,599,000 | $5,545,000 | $9,614,000 | $5,231,000 |
| Interest Expense Non Operating | $21,597,000 | $6,787,000 | $4,456,000 | $0 |
| Operating Expense | $183,359,000 | $198,817,000 | $167,406,000 | $110,021,000 |
| Income & Earnings | ||||
| Net Income From Continuing Operation Net Minority Interest | $-156,741,000 | $-222,241,000 | $-214,071,000 | $-51,622,000 |
| Net Interest Income | $-8,599,000 | $5,545,000 | $9,614,000 | $5,231,000 |
| Interest Income | $12,998,000 | $12,332,000 | $14,070,000 | $5,231,000 |
| Normalized Income | $-183,121,256 | $-192,861,774 | $-212,822,756 | $-121,881,000 |
| Net Income From Continuing And Discontinued Operation | $-156,741,000 | $-222,241,000 | $-214,071,000 | $-51,622,000 |
| Total Operating Income As Reported | $-177,254,000 | $-242,669,000 | $-230,255,000 | $-131,979,000 |
| Average Dilution Earnings | $0 | $0 | $-6,180,000 | $-75,180,000 |
| Net Income Common Stockholders | $-156,741,000 | $-222,241,000 | $-214,071,000 | $-51,622,000 |
| Net Income | $-156,741,000 | $-222,241,000 | $-214,071,000 | $-51,622,000 |
| Net Income Including Noncontrolling Interests | $-156,607,000 | $-222,534,000 | $-214,132,000 | $-51,622,000 |
| Net Income Continuous Operations | $-156,607,000 | $-222,534,000 | $-214,132,000 | $-51,622,000 |
| Pretax Income | $-157,919,000 | $-223,926,000 | $-214,765,000 | $-51,622,000 |
| Special Income Charges | $4,761,000 | $-41,807,000 | $-7,432,000 | $-4,921,000 |
| Interest Income Non Operating | $12,998,000 | $12,332,000 | $14,070,000 | $5,231,000 |
| Operating Income | $-177,254,000 | $-200,862,000 | $-222,823,000 | $-127,058,000 |
| Gross Profit | $6,105,000 | $-2,045,000 | $-55,417,000 | $-17,037,000 |
| Per Share | ||||
| Diluted EPS | $-0.75 | $-1.27 | $-1.38 | $-0.82 |
| Basic EPS | $-0.75 | $-1.27 | $-1.35 | $-0.34 |
| Other | ||||
| Tax Effect Of Unusual Items | $212,744 | $-183,774 | $-3,756 | $0 |
| Tax Rate For Calcs | $0 | $0 | $0 | $0 |
| Normalized EBITDA (Bullshit earnings) | $-127,803,000 | $-142,615,000 | $-175,048,000 | $-113,909,000 |
| Total Unusual Items | $26,593,000 | $-29,563,000 | $-1,252,000 | $70,259,000 |
| Total Unusual Items Excluding Goodwill | $26,593,000 | $-29,563,000 | $-1,252,000 | $70,259,000 |
| Reconciled Depreciation | $35,112,000 | $44,961,000 | $34,009,000 | $7,972,000 |
| EBITDA (Bullshit earnings) | $-101,210,000 | $-172,178,000 | $-176,300,000 | $-43,650,000 |
| EBIT | $-136,322,000 | $-217,139,000 | $-210,309,000 | $-51,622,000 |
| Diluted Average Shares | $207,635,870 | $175,038,107 | $159,575,555 | $154,149,367 |
| Basic Average Shares | $207,635,870 | $175,038,107 | $159,065,697 | $152,918,287 |
| Diluted NI Availto Com Stockholders | $-156,741,000 | $-222,241,000 | $-220,251,000 | $-126,802,000 |
| Minority Interests | $-134,000 | $293,000 | $61,000 | $0 |
| Tax Provision | $-1,312,000 | $-1,392,000 | $-633,000 | $0 |
| Impairment Of Capital Assets | $0 | $0 | $4,411,000 | $4,921,000 |
| Restructuring And Mergern Acquisition | $-4,761,000 | $41,807,000 | $3,021,000 | $0 |
| Gain On Sale Of Security | $21,832,000 | $12,244,000 | $6,180,000 | $75,180,000 |
| Research And Development | $110,331,000 | $124,506,000 | $88,392,000 | $58,051,000 |
| Selling General And Administration | $73,028,000 | $74,311,000 | $79,014,000 | $51,970,000 |
Fetched: 2026-08-31
Balance Sheet (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Assets | ||||
| Net Tangible Assets | $227,359,000 | $198,130,000 | $203,881,000 | $356,427,000 |
| Total Assets | $878,975,000 | $527,169,000 | $564,304,000 | $440,586,000 |
| Total Non Current Assets | $336,765,000 | $232,163,000 | $241,127,000 | $110,938,000 |
| Other Non Current Assets | $4,155,000 | $2,126,000 | $5,100,000 | $937,000 |
| Goodwill And Other Intangible Assets | $43,855,000 | $48,611,000 | $54,266,000 | $0 |
| Other Intangible Assets | $31,638,000 | $36,394,000 | $42,168,000 | - |
| Current Assets | $542,210,000 | $295,006,000 | $323,177,000 | $329,648,000 |
| Other Current Assets | $8,120,000 | $9,903,000 | $5,202,000 | $5,993,000 |
| Inventory | $13,617,000 | $7,664,000 | $8,737,000 | $634,000 |
| Receivables | $8,433,000 | $4,570,000 | $2,423,000 | $170,000 |
| Notes Receivable | $4,012,000 | $4,000 | $1,514,000 | $0 |
| Accounts Receivable | $4,421,000 | $4,566,000 | $909,000 | $170,000 |
| Cash Cash Equivalents And Short Term Investments | $512,040,000 | $272,869,000 | $306,815,000 | $322,851,000 |
| Cash And Cash Equivalents | $106,014,000 | $272,869,000 | $233,121,000 | $322,851,000 |
| Current Deferred Assets | - | - | - | $800,000 |
| Non Current Deferred Assets | - | - | - | - |
| Prepaid Assets | - | - | - | - |
| Debt | ||||
| Net Debt | $423,122,000 | - | - | - |
| Total Debt | $540,380,000 | $192,565,000 | $190,610,000 | $8,234,000 |
| Long Term Debt And Capital Lease Obligation | $530,515,000 | $183,113,000 | $184,693,000 | $8,234,000 |
| Long Term Debt | $519,271,000 | $169,820,000 | $169,099,000 | - |
| Current Debt And Capital Lease Obligation | $9,865,000 | $9,452,000 | $5,917,000 | - |
| Current Debt | $9,865,000 | $9,452,000 | $5,917,000 | - |
| Other Current Borrowings | $9,865,000 | $9,452,000 | - | - |
| Liabilities | ||||
| Total Liabilities Net Minority Interest | $604,964,000 | $277,766,000 | $303,201,000 | $84,159,000 |
| Total Non Current Liabilities Net Minority Interest | $539,948,000 | $224,065,000 | $242,183,000 | $61,130,000 |
| Other Non Current Liabilities | $14,000 | $14,000 | $13,000 | $92,000 |
| Derivative Product Liabilities | $0 | $28,380,000 | $42,900,000 | $49,080,000 |
| Non Current Deferred Liabilities | $9,419,000 | $12,558,000 | $14,577,000 | $3,724,000 |
| Non Current Deferred Taxes Liabilities | $9,119,000 | $8,784,000 | $10,803,000 | $0 |
| Current Liabilities | $65,016,000 | $53,701,000 | $61,018,000 | $23,029,000 |
| Other Current Liabilities | $12,107,000 | $3,036,000 | $2,435,000 | $716,000 |
| Current Deferred Liabilities | $5,015,000 | $3,650,000 | $6,708,000 | $50,000 |
| Payables And Accrued Expenses | $31,810,000 | $29,335,000 | $35,227,000 | $14,166,000 |
| Interest Payable | $5,817,000 | $881,000 | - | - |
| Payables | $18,211,000 | $13,056,000 | $24,087,000 | $9,616,000 |
| Total Tax Payable | $393,000 | $3,564,000 | $2,836,000 | $2,539,000 |
| Accounts Payable | $17,818,000 | $9,492,000 | $21,251,000 | $7,077,000 |
| Equity | ||||
| Common Stock Equity | $271,214,000 | $246,741,000 | $258,147,000 | $356,427,000 |
| Total Equity Gross Minority Interest | $274,011,000 | $249,403,000 | $261,103,000 | $356,427,000 |
| Stockholders Equity | $271,214,000 | $246,741,000 | $258,147,000 | $356,427,000 |
| Gains Losses Not Affecting Retained Earnings | $-508,000 | $-143,000 | $-62,000 | $0 |
| Other Equity Adjustments | $-508,000 | $-143,000 | $-62,000 | - |
| Retained Earnings | $-977,827,000 | $-821,086,000 | $-598,845,000 | $-384,774,000 |
| Other | ||||
| Treasury Shares Number | $5,437,556 | - | - | - |
| Ordinary Shares Number | $216,556,238 | $190,559,335 | $167,392,315 | $157,461,802 |
| Share Issued | $221,993,794 | $190,559,335 | $167,392,315 | $157,461,802 |
| Tangible Book Value | $227,359,000 | $198,130,000 | $203,881,000 | $356,427,000 |
| Invested Capital | $800,350,000 | $426,013,000 | $433,163,000 | $356,427,000 |
| Working Capital | $477,194,000 | $241,305,000 | $262,159,000 | $306,619,000 |
| Capital Lease Obligations | $11,244,000 | $13,293,000 | $15,594,000 | $8,234,000 |
| Total Capitalization | $790,485,000 | $416,561,000 | $427,246,000 | $356,427,000 |
| Minority Interest | $2,797,000 | $2,662,000 | $2,956,000 | $0 |
| Treasury Stock | $58,385,000 | $0 | - | - |
| Additional Paid In Capital | $1,307,912,000 | $1,067,951,000 | $857,037,000 | $741,186,000 |
| Capital Stock | $22,000 | $19,000 | $17,000 | $15,000 |
| Common Stock | $22,000 | $19,000 | $17,000 | $15,000 |
| Non Current Deferred Revenue | $300,000 | $3,774,000 | $3,774,000 | $3,724,000 |
| Long Term Capital Lease Obligation | $11,244,000 | $13,293,000 | $15,594,000 | $8,234,000 |
| Current Deferred Revenue | $5,015,000 | $3,650,000 | $6,708,000 | $50,000 |
| Pensionand Other Post Retirement Benefit Plans Current | $6,219,000 | $8,228,000 | $10,731,000 | $8,097,000 |
| Current Accrued Expenses | $13,599,000 | $16,279,000 | $11,140,000 | $4,550,000 |
| Investments And Advances | $106,810,000 | $0 | - | - |
| Goodwill | $12,217,000 | $12,217,000 | $12,098,000 | $0 |
| Net PPE | $181,945,000 | $181,426,000 | $181,761,000 | $110,001,000 |
| Accumulated Depreciation | $-49,719,000 | $-21,001,000 | $-44,365,000 | $-12,016,000 |
| Gross PPE | $231,664,000 | $202,427,000 | $226,126,000 | $122,017,000 |
| Construction In Progress | $13,521,000 | $18,990,000 | $68,958,000 | $33,268,000 |
| Other Properties | $11,682,000 | $13,479,000 | $15,290,000 | $6,133,000 |
| Machinery Furniture Equipment | $158,420,000 | $134,867,000 | $103,794,000 | $58,051,000 |
| Buildings And Improvements | $42,875,000 | $33,658,000 | $36,651,000 | $24,565,000 |
| Land And Improvements | $5,166,000 | $1,433,000 | $1,433,000 | $0 |
| Properties | $0 | $0 | $0 | $0 |
| Finished Goods | $906,000 | $1,059,000 | $124,000 | $47,000 |
| Work In Process | $6,091,000 | $2,989,000 | $6,687,000 | $106,000 |
| Raw Materials | $6,620,000 | $3,616,000 | $1,926,000 | $481,000 |
| Other Short Term Investments | $406,026,000 | $0 | $73,694,000 | $0 |
| Preferred Stock | - | $0 | $0 | $0 |
| Leases | - | - | - | $24,565,000 |
Fetched: 2026-08-31
Cash Flow Statement (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Free Cash Flow | ||||
| Free Cash Flow | $-113,514,000 | $-184,821,000 | $-166,431,000 | $-118,952,000 |
| Operating Activities | ||||
| Operating Cash Flow | $-95,291,000 | $-108,633,000 | $-104,636,000 | $-82,740,000 |
| Cash Flow From Continuing Operating Activities | $-95,291,000 | $-108,633,000 | $-104,636,000 | $-82,740,000 |
| Operating Gains Losses | $-21,832,000 | $-12,244,000 | $-6,180,000 | $-75,180,000 |
| Investing Activities | ||||
| Capital Expenditure | $-18,223,000 | $-76,188,000 | $-61,795,000 | $-36,212,000 |
| Investing Cash Flow | $-538,269,000 | $-1,379,000 | $-142,956,000 | $-36,212,000 |
| Cash Flow From Continuing Investing Activities | $-538,269,000 | $-1,379,000 | $-142,956,000 | $-36,212,000 |
| Financing Activities | ||||
| Repurchase Of Capital Stock | $-58,385,000 | $-4,000 | $-26,000 | $-10,000 |
| Issuance Of Capital Stock | $0 | $107,192,000 | $0 | $0 |
| Financing Cash Flow | $467,384,000 | $150,749,000 | $159,585,000 | $56,510,000 |
| Cash Flow From Continuing Financing Activities | $467,384,000 | $150,749,000 | $159,585,000 | $56,510,000 |
| Net Other Financing Charges | $-70,083,000 | $-7,079,000 | $-27,098,000 | $-587,000 |
| Net Common Stock Issuance | $-58,385,000 | $107,188,000 | $-26,000 | $-10,000 |
| Common Stock Issuance | $0 | $107,192,000 | $0 | $0 |
| Net Preferred Stock Issuance | - | - | - | $0 |
| Preferred Stock Issuance | - | - | - | $0 |
| Other | ||||
| Repayment Of Debt | $-919,000 | $-209,000 | $-69,000 | $0 |
| Issuance Of Debt | $360,000,000 | $4,572,000 | $172,500,000 | $0 |
| Interest Paid Supplemental Data | $5,668,000 | $5,694,000 | $2,757,000 | $0 |
| Income Tax Paid Supplemental Data | $1,134,000 | $185,000 | $0 | $0 |
| End Cash Position | $107,979,000 | $274,691,000 | $235,123,000 | $322,976,000 |
| Beginning Cash Position | $274,691,000 | $235,123,000 | $322,976,000 | $385,418,000 |
| Effect Of Exchange Rate Changes | $-536,000 | $-1,169,000 | $154,000 | $0 |
| Changes In Cash | $-166,176,000 | $40,737,000 | $-88,007,000 | $-62,442,000 |
| Proceeds From Stock Option Exercised | $236,771,000 | $46,277,000 | $14,278,000 | $57,107,000 |
| Common Stock Payments | $-58,385,000 | $-4,000 | $-26,000 | $-10,000 |
| Net Issuance Payments Of Debt | $359,081,000 | $4,363,000 | $172,431,000 | $0 |
| Net Long Term Debt Issuance | $359,081,000 | $4,363,000 | $172,431,000 | $0 |
| Long Term Debt Payments | $-919,000 | $-209,000 | $-69,000 | $0 |
| Long Term Debt Issuance | $360,000,000 | $4,572,000 | $172,500,000 | $0 |
| Net Investment Purchase And Sale | $-510,046,000 | $74,809,000 | $-71,193,000 | $0 |
| Sale Of Investment | $74,892,000 | $106,621,000 | $67,150,000 | $0 |
| Purchase Of Investment | $-584,938,000 | $-31,812,000 | $-138,343,000 | $0 |
| Net Business Purchase And Sale | $-10,000,000 | $0 | $-9,968,000 | $0 |
| Purchase Of Business | $-10,000,000 | $0 | $-9,968,000 | $0 |
| Net PPE Purchase And Sale | $-18,223,000 | $-76,188,000 | $-61,795,000 | $-36,212,000 |
| Purchase Of PPE | $-18,223,000 | $-76,188,000 | $-61,795,000 | $-36,212,000 |
| Change In Working Capital | $-6,503,000 | $-16,359,000 | $7,101,000 | $802,000 |
| Change In Other Working Capital | $-3,292,000 | $-5,755,000 | $-4,673,000 | $-4,091,000 |
| Change In Other Current Liabilities | $75,000 | $-2,047,000 | $188,000 | $-48,000 |
| Change In Payables And Accrued Expense | $6,244,000 | $-4,954,000 | $8,073,000 | $4,819,000 |
| Change In Accrued Expense | $1,554,000 | $3,016,000 | $1,977,000 | $2,547,000 |
| Change In Payable | $4,690,000 | $-7,970,000 | $6,096,000 | $2,272,000 |
| Change In Account Payable | $4,690,000 | $-7,970,000 | $6,096,000 | $2,272,000 |
| Change In Prepaid Assets | $-85,000 | $-2,211,000 | $-626,000 | $926,000 |
| Change In Inventory | $-5,510,000 | $1,073,000 | $4,509,000 | $-634,000 |
| Change In Receivables | $-3,935,000 | $-2,465,000 | $-370,000 | $-170,000 |
| Other Non Cash Items | $5,172,000 | $448,000 | $703,000 | - |
| Stock Based Compensation | $49,367,000 | $58,837,000 | $69,452,000 | $30,367,000 |
| Asset Impairment Charge | $0 | $38,258,000 | $4,411,000 | $4,921,000 |
| Depreciation Amortization Depletion | $35,112,000 | $44,961,000 | $34,009,000 | $7,972,000 |
| Depreciation And Amortization | $35,112,000 | $44,961,000 | $34,009,000 | $7,972,000 |
| Depreciation | $35,112,000 | $44,961,000 | $34,009,000 | $7,972,000 |
| Gain Loss On Investment Securities | $-21,832,000 | $-12,244,000 | $-6,180,000 | $-75,180,000 |
| Net Income From Continuing Operations | $-156,607,000 | $-222,534,000 | $-214,132,000 | $-51,622,000 |
| Changes In Account Receivables | - | - | - | $-170,000 |
Fetched: 2026-08-31