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SLNO • CIK 0001484565
| (in thousands, except per share data) | FY 2023 | FY 2024 | FY 2025 | TTM |
|---|---|---|---|---|
| Cost of Revenue | — | — | $2,700 | $2,700 |
| Operating Expenses | $41,384 | $187,671 | $180,991 | $198,573 |
| Selling, General and Administrative Expense | — | — | $132,128 | $153,238 |
| Research and Development Expense | $25,189 | $78,568 | $40,627 | $38,384 |
| Operating Income (Loss) | $-41,384 | $-187,671 | $9,414 | $86,435 |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | $-38,988 | $-175,850 | $20,890 | $99,576 |
| Income Tax Expense (Benefit) | — | — | $0 | $3,535 |
| Net Income (Loss) Available to Common Stockholders, Basic | — | — | $20,475 | $95,625 |
| (in thousands, except per share data) | FY 2023 | FY 2024 | FY 2025 | TTM |
|---|---|---|---|---|
| Assets | $180,691 | $330,972 | $563,830 | $608,388 |
| Liabilities | $23,184 | $85,859 | $113,715 | $112,588 |
| Assets, Current | $171,358 | $293,889 | $355,814 | $326,376 |
| Cash and Cash Equivalents, at Carrying Value | $169,681 | $87,928 | $70,106 | $133,026 |
| Accounts Receivable, after Allowance for Credit Loss, Current | — | — | $28,208 | $47,139 |
| Inventory, Net | — | — | $15,024 | $17,308 |
| Property, Plant and Equipment, Net | $12 | $186 | $185 | $202 |
| Property, Plant and Equipment, Gross | $101 | $256 | $308 | $308 |
| Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment | $89 | $70 | $123 | $123 |
| Operating Lease, Right-of-Use Asset | $407 | $2,798 | $2,191 | $3,891 |
| Intangible Assets, Net (Excluding Goodwill) | $8,749 | $6,805 | $4,861 | $4,374 |
| Deferred Tax Assets, Net of Valuation Allowance | $65,956 | $83,506 | $79,905 | $79,905 |
| Other Assets, Noncurrent | $165 | $83 | $163 | $163 |
| Liabilities, Current | $11,505 | $18,747 | $61,363 | $58,049 |
| Accounts Payable, Current | $3,149 | $8,882 | $12,435 | $12,386 |
| Long-term Debt, Excluding Current Maturities | — | $49,828 | $49,863 | $49,871 |
| Stockholders' Equity Attributable to Parent | $157,507 | $245,113 | $450,115 | $495,800 |
| (in thousands, except per share data) | FY 2023 | FY 2024 | FY 2025 | TTM |
|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | $-24,940 | $-69,096 | $46,798 | $105,530 |
| Net Cash Provided by (Used in) Investing Activities | $0 | $-225,682 | $-201,781 | $-186,735 |
| Net Cash Provided by (Used in) Financing Activities | $180,019 | $213,025 | $137,161 | $132,900 |
| Depreciation, Depletion and Amortization, Nonproduction | $1,958 | $1,987 | $2,017 | $2,027 |
| Payments to Acquire Property, Plant, and Equipment | $0 | $218 | $73 | $108 |
| Proceeds from Issuance of Long-term Debt | — | $49,888 | $0 | $0 |
| Proceeds from Issuance of Common Stock | — | $148,955 | $215,721 | $215,721 |
| Payments for Repurchase of Common Stock | — | — | $100,146 | $100,150 |