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SVMB • CIK 0001647822
| (in thousands, except per share data) | FY 2024 | FY 2025 | FY 2026 | TTM |
|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | $1,583.637 | $2,141.654 | $1,542.867 | $1,363.199 |
| Cost of Revenue | $2,121.929 | $2,537.852 | $1,641.866 | $1,500.331 |
| Gross Profit | $-538.292 | $-396.198 | $-98.999 | $-137.132 |
| Operating Income (Loss) | $-5,108.648 | $-5,485.952 | $-6,569.582 | $-6,779.851 |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | $-5,482.077 | $-6,009.011 | $-6,694.161 | $-6,906.077 |
| Income Tax Expense (Benefit) | $0.236 | $7.397 | $11.961 | $11.961 |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $-5,482.077 | $-6,016.408 | $-6,706.122 | $-6,914.491 |
| Weighted Average Number of Shares Outstanding, Basic | 1,001,276,294 | 128,877,056 | 555,315,412 | 555,315,412 |
| Selling and Marketing Expense | $295.609 | $579.81 | $174.771 | $217.471 |
| General and Administrative Expense | $3,888.621 | $3,173.066 | $2,494.948 | $2,568.649 |
| Research and Development Expense | $334.029 | $359.447 | $269.776 | $257.636 |
| Impairment of Long-Lived Assets to be Disposed of | — | $539.954 | $2,714.286 | $2,714.286 |
| Impairment of Long-Lived Assets Held-for-use | — | — | $816.802 | $816.802 |
| Operating Expenses | $4,570.356 | $5,089.754 | $6,470.583 | $6,642.719 |
| Interest Income, Other | $0.718 | $0.803 | $0.23 | $0.108 |
| InterestExpenseNonoperating | — | $91.81 | $63.964 | $64.919 |
| Other Nonoperating Income (Expense) | $-347.097 | $-432.052 | $-60.845 | $-61.415 |
| Nonoperating Income (Expense) | $-373.429 | $-523.059 | $-124.579 | $-126.226 |
| Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, Net of Tax | $736.277 | $168.509 | $-1,566.926 | $-1,711.667 |
| Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest | $-4,745.8 | $-5,847.899 | $-8,273.048 | $-8,626.158 |
| Net Income (Loss) Attributable to Parent | $-5,296.123 | $-5,992.73 | $-6,670.335 | $-6,869.144 |
| Net Income (Loss) Attributable to Noncontrolling Interest | $185.954 | $-23.678 | $-35.787 | $-45.347 |
| Comprehensive Income (Loss), Net of Tax, Attributable to Parent | $-4,552.254 | $-5,842.795 | $-8,233.371 | $-8,576.186 |
| Comprehensive Income (Loss), Net of Tax, Attributable to Noncontrolling Interest | $-193.546 | $-5.104 | $-39.677 | $-49.972 |
| (in thousands, except per share data) | FY 2024 | FY 2025 | FY 2026 | TTM |
|---|---|---|---|---|
| Assets | $12,866.66 | $12,222.816 | $7,776.342 | $7,721.824 |
| Liabilities | $31,568.84 | $35,231.324 | $39,057.898 | $40,018.375 |
| Cash and Cash Equivalents, at Carrying Value | $142.434 | $105.265 | $84.087 | $107.201 |
| Restricted Cash, Current | $6.071 | $9.492 | $51.791 | $51.778 |
| Accounts Receivable, after Allowance for Credit Loss, Current | $500.564 | $122.614 | $25.605 | $18.81 |
| Inventory, Net | $203.752 | $119.006 | $150.078 | $129.691 |
| Prepaid Expense and Other Assets, Current | $3,292.994 | $6,659.078 | $1,885.322 | $1,868.269 |
| Assets, Current | $4,255.988 | $7,085.559 | $2,212.883 | $2,191.749 |
| Property, Plant and Equipment, Net | $6,000.826 | $5,020.365 | $3,974.577 | $3,976.1 |
| Finite-Lived Intangible Assets, Net | $13.867 | $8.911 | $7.038 | $6.737 |
| Operating Lease, Right-of-Use Asset | $85.541 | $77.318 | $76.474 | $179.389 |
| Other Assets, Noncurrent | $2,510.438 | $30.663 | $65.552 | $71.091 |
| Accounts and Financing Receivable, after Allowance for Credit Loss, Noncurrent | — | — | $1,439.818 | $1,296.758 |
| Assets, Noncurrent | $8,610.672 | $5,137.257 | $5,563.459 | $5,530.075 |
| Short-term Debt | $1,389.333 | $1,373.098 | $72.909 | $73.897 |
| Accounts Payable, Current | $643.192 | $629.535 | $484.252 | $443.351 |
| Contract with Customer, Liability, Current | — | $3,595.42 | $3,291.785 | $3,334.581 |
| Other Accounts Payable and Accrued Liabilities | — | $5,749.278 | $5,186.484 | $5,487.41 |
| Taxes Payable, Current | $60.639 | $67.723 | $74.968 | $46.328 |
| Other Liabilities, Current | $402.351 | $2,245.834 | — | $2,245.834 |
| Operating Lease, Liability, Current | $80.165 | $9.177 | $10.789 | $32.139 |
| Liabilities, Current | $28,635.745 | $13,670.065 | $11,967.815 | $12,315.919 |
| Loans Payable to Bank, Noncurrent | — | — | $1,385.264 | $1,385.264 |
| Operating Lease, Liability, Noncurrent | $15.496 | $65.791 | $62.936 | $116.888 |
| Other Loans Payable, Long-term, Noncurrent | — | — | $25,641.883 | $25,641.883 |
| Liabilities, Noncurrent | $2,933.095 | $21,561.259 | $27,090.083 | $27,702.456 |
| Common Stock, Value, Issued | $5.315 | $555.315 | $555.315 | $555.315 |
| Additional Paid in Capital, Common Stock | $9,530.921 | $9,672.563 | $9,672.563 | $9,672.563 |
| Retained Earnings (Accumulated Deficit) | $-29,311.229 | $-35,326.578 | $-41,996.913 | $-42,601.318 |
| Accumulated Other Comprehensive Income (Loss), Net of Tax | $2,109.066 | $2,264.403 | $701.367 | $304.834 |
| Stockholders' Equity Attributable to Noncontrolling Interest | $-1,036.253 | $-174.211 | $-213.888 | $-227.945 |
| Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest | $-18,702.18 | $-23,008.508 | $-31,281.556 | $-32,296.551 |
| Common Stock, Shares Authorized | 10,000,000,000 | 50,000,000,000 | 50,000,000,000 | 50,000,000,000 |
| Common Stock, Shares, Issued | 5,315,412 | 555,315,412 | 555,315,412 | 555,315,412 |
| Other Liabilities | — | $274.724 | $72.973 | $68.301 |
| Long-term Debt | $2,917.599 | $21,495.468 | $25,641.883 | $26,181.53 |
| (in thousands, except per share data) | FY 2024 | FY 2025 | FY 2026 | TTM |
|---|---|---|---|---|
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $-5,482.077 | $-6,016.408 | $-6,706.122 | $-6,914.491 |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Including Disposal Group and Discontinued Operations | $-4.442 | $2.331 | $5.671 | $7.463 |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | $-182.568 | $-33.748 | $21.121 | $9.859 |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Including Disposal Group and Discontinued Operations | $148.505 | $114.757 | $135.878 | $145.737 |
| Depreciation, Depletion and Amortization, Nonproduction | $814.569 | $862.051 | $478.367 | $479.262 |
| Accounts Receivable, Credit Loss Expense (Reversal) | $52.097 | $539.954 | $2,714.286 | $2,644.323 |
| Gain (Loss) on Disposition of Property Plant Equipment | $-0.809 | $19.176 | $-85.75 | $-87.39 |
| Impairment of Long-Lived Assets Held-for-use | — | — | $816.802 | $816.802 |
| Net Cash Provided by (Used in) Operating Activities | $-1,833.699 | $-1,325.19 | $-2,136.482 | $-2,448.348 |
| Proceeds from Sale of Property, Plant, and Equipment | $0.731 | $21.082 | $0.691 | $0.691 |
| Payments to Acquire Property, Plant, and Equipment | — | — | $133.685 | $186.877 |
| Payments to Acquire Businesses, Net of Cash Acquired | — | $-426.68 | $-426.68 | $-426.68 |
| Proceeds from Collection of (Payments to Fund) Long-term Loans to Related Parties | — | — | $-56.986 | $-75.347 |
| Net Cash Provided by (Used in) Investing Activities | $-51.82 | $776.994 | $-171.675 | $-231.286 |
| Proceeds from (Repayments of) Related Party Debt | $1,150.344 | $1,275.534 | $418.829 | $426.595 |
| Repayments of Related Party Debt | $3,802.357 | $763.417 | $763.417 | $763.417 |
| Proceeds from Notes Payable | — | — | $3,587.129 | $3,587.129 |
| Repayments of Notes Payable | — | — | $1,682.351 | $1,682.351 |
| Net Cash Provided by (Used in) Financing Activities | $1,707.393 | $512.117 | $2,323.607 | $2,682.03 |
| Income Taxes Paid | $0.185 | $0.793 | $12.09 | $12.09 |
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $27.05 | $91.81 | $63.964 | $64.919 |
| Increase (Decrease) in Accounts Receivable | $-94.77 | $235.172 | $-317.147 | $-365.541 |
| Increase (Decrease) in Inventories | $487.474 | $242.738 | $65.835 | $5.696 |
| Increase (Decrease) in Prepaid Expense and Other Assets | $-1,060.083 | $1,896.109 | $-673.867 | $-801.285 |
| Increase (Decrease) in Other Noncurrent Assets | $-463.924 | $-862.524 | $-862.524 | $-862.524 |
| Increase (Decrease) in Accounts Payable and Accrued Liabilities | $1,500.608 | $4,321.939 | $-459.011 | $-721.964 |