Loading TE-WT…
Loading financial statements…
Import this data to Google Sheets with:
=jivedata("TE-WT","financials")Full statements spill as a table. For one cell: =jivedata("TE-WT","Revenue") or =jivedata("TE-WT","Revenue","TTM"). Install the Jive Data add-on, then paste into a cell.
TE-WT • CIK 0001992243
| (in thousands, except per share data) | FY 2023 | FY 2024 | FY 2025 | TTM |
|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | — | — | $755,295 | $996,851 |
| Cost of Goods and Services Sold | — | $1,714 | $699,714 | $913,631 |
| Gross Profit | — | $1,228 | $55,581 | $83,220 |
| Selling, General and Administrative Expense | — | — | $235,316 | $255,419 |
| Impairment of Intangible Assets, Finite-lived | — | — | $54,832 | $53,422 |
| Operating Expenses | $142,985 | — | $290,148 | $306,114 |
| Operating Income (Loss) | $-142,985 | $-74,263 | $-234,567 | $-227,031 |
| Nonoperating Income (Expense) | $70,559 | $-6,137 | $-106,163 | $-101,690 |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | $-72,426 | $-80,400 | $-340,730 | $-328,721 |
| Income Tax Expense (Benefit) | $670 | $-15,760 | $-19,372 | $-10,321 |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | $-64,640 | $-321,358 | $-318,400 |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | $-385,914 | $-46,476 | $-65,241 |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $-73,096 | $-450,554 | $-367,834 | $-383,641 |
| Net Income (Loss) Attributable to Noncontrolling Interest | $-1,151 | $-402 | $0 | $0 |
| Other Preferred Stock Dividends and Adjustments | — | — | $3,511 | $3,709 |
| Preferred Stock Dividends, Income Statement Impact | — | $87 | $7,777 | $7,777 |
| Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest | $-101,016 | $-490,703 | $-327,072 | $-379,429 |
| Comprehensive Income (Loss), Net of Tax, Attributable to Parent | $-99,865 | $-490,388 | $-340,027 | $-392,582 |
| Gain (Loss) on Derivative Instruments, Net, Pretax | — | $-14,905 | $-31,223 | $-43,038 |
| Gain (Loss) on Sale of Derivatives | — | — | $-5,836 | $-5,836 |
| Gain (Loss) on Extinguishment of Debt | — | — | $-8,753 | $-8,753 |
| Impairment of Long-Lived Assets Held-for-use | — | — | $16,057 | $14,028 |
| Interest Income (Expense), Nonoperating, Net | $9,949 | $3,393 | $-37,093 | $-32,085 |
| Foreign Currency Transaction Gain (Loss), before Tax | $20,855 | $563 | $-200 | $-200 |
| Other Nonoperating Income (Expense) | $6,918 | $6,103 | $1,355 | $6,361 |
| Weighted Average Number of Shares Outstanding, Basic | 139,705,000 | 140,538,000 | 173,640,000 | 296,986,000 |
| Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, Net of Tax | $-27,920 | $-40,149 | $40,762 | $4,212 |
| (in thousands, except per share data) | FY 2023 | FY 2024 | FY 2025 | TTM |
|---|---|---|---|---|
| Restricted Cash, Noncurrent | — | — | $7,120 | $7,120 |
| Property, Plant and Equipment, Net | $366,357 | $285,187 | $302,302 | $430,416 |
| Goodwill | — | $74,527 | $57,449 | $57,449 |
| Finite-Lived Intangible Assets, Net | $2,813 | $281,881 | $180,481 | $157,781 |
| Operating Lease, Right-of-Use Asset | $24,476 | $111,081 | $151,166 | $218,320 |
| Other Assets, Noncurrent | $4,282 | — | $10,098 | $19,988 |
| Assets | $732,185 | $1,335,846 | $1,372,108 | $1,642,269 |
| Contract with Customer, Liability, Noncurrent | — | $32,000 | $48,189 | $48,189 |
| Operating Lease, Liability, Noncurrent | $18,816 | $101,787 | $143,534 | $206,161 |
| Deferred Income Tax Liabilities, Net | — | $21,227 | $3,758 | $3,524 |
| Other Liabilities, Noncurrent | $27,444 | $21,761 | $47,353 | $31,291 |
| Liabilities | $97,469 | $1,098,709 | $1,050,223 | $1,366,995 |
| Cash and Cash Equivalents, at Carrying Value | $253,339 | $72,641 | $182,450 | $79,109 |
| Restricted Cash, Current | $22,403 | $4,004 | $81,203 | $70,207 |
| Accounts Receivable, after Allowance for Credit Loss, Current | — | — | $84,481 | $98,645 |
| GovernmentAssistanceAmountCumulativeCurrent | — | — | $36,376 | $95,390 |
| Inventory, Net | — | $274,549 | $116,043 | $228,773 |
| Advances on Inventory Purchases | — | $164,811 | $137,532 | $133,231 |
| Other Assets, Current | $34,044 | $2,256 | $5,989 | $38,611 |
| Disposal Group, Including Discontinued Operation, Assets, Current | — | $64,909 | $19,418 | $7,229 |
| Assets, Current | $311,954 | $583,170 | $663,492 | $751,195 |
| Accounts Payable, Current | $18,113 | — | — | $10,080 |
| Accrued Liabilities, Current | $30,790 | $91,346 | $47,224 | $86,085 |
| Contract with Customer, Liability, Current | — | $48,155 | $56,731 | $150,398 |
| Derivative Liability, Current | — | $14,905 | $11,661 | $1,352 |
| Long-term Debt, Current Maturities | — | $94,367 | $46,357 | $49,593 |
| Disposal Group, Including Discontinued Operation, Liabilities, Current | — | $51,009 | $47,538 | $62,030 |
| Liabilities, Current | $49,184 | $414,024 | $463,588 | $577,476 |
| Temporary Equity, Carrying Amount, Including Portion Attributable to Noncontrolling Interests | — | $48,375 | — | $58,753 |
| Common Stock, Value, Issued | $1,397 | $1,559 | $2,663 | $2,806 |
| Additional Paid in Capital | $925,623 | $971,416 | $1,358,992 | $1,371,216 |
| Accumulated Other Comprehensive Income (Loss), Net of Tax | $-18,826 | $-58,975 | $-18,213 | $-15,216 |
| Retained Earnings (Accumulated Deficit) | $-274,999 | $-725,238 | $-1,093,072 | $-1,157,027 |
| Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest | $634,716 | $188,762 | $250,370 | $201,779 |
| Preferred Stock, Shares Issued | 0 | 5,000,000 | — | 5,000,000 |
| Common Stock, Shares, Issued | 139,705,000 | 155,928,000 | 266,267,000 | 280,604,000 |
| Revenue from Contract with Customer, Excluding Assessed Tax | — | — | $755,295 | $427,775 |
| Cost of Goods and Services Sold | — | $1,714 | $699,714 | $349,594 |
| Selling, General and Administrative Expense | — | — | $235,316 | $123,467 |
| Interest Income (Expense), Nonoperating, Net | $9,949 | $3,393 | $-37,093 | $-12,890 |
| Income Tax Expense (Benefit) | $670 | $-15,760 | $-19,372 | $559 |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | $-64,640 | $-321,358 | $-33,025 |
| (in thousands, except per share data) | FY 2023 | FY 2024 | FY 2025 | TTM |
|---|---|---|---|---|
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | $-12,396 | $-4,419 | $1,344 | $495 |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | $-287,303 | $-199,097 | $194,128 | $109,772 |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | $275,742 | $76,645 | $270,773 | $343,347 |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $-73,096 | $-450,554 | $-367,834 | $-383,641 |
| Net Cash Provided by (Used in) Operating Activities | $-87,929 | $-102,817 | $95,463 | $3,867 |
| Proceeds from Other Deposits | — | $22,735 | $1,202 | $0 |
| Payments to Acquire Property, Plant, and Equipment | $187,823 | $50,830 | $78,799 | $188,677 |
| Proceeds from Sale of Property, Plant, and Equipment | — | — | $50,000 | $0 |
| Payments to Acquire Businesses, Net of Cash Acquired | — | $109,636 | $0 | $0 |
| Net Cash Provided by (Used in) Investing Activities | $-186,978 | $-137,731 | $-32,597 | $-202,271 |
| Proceeds from Issuance of Redeemable Preferred Stock | $0 | $50,000 | $49,831 | $49,831 |
| Repayments of Long-term Lines of Credit | — | — | $42,867 | $46,757 |
| Repayments of Senior Debt | — | — | $240,903 | $240,903 |
| Proceeds from Convertible Debt | — | — | $154,157 | $329,877 |
| Payments of Debt Issuance Costs | — | — | $8,090 | $5,242 |
| Payments to Noncontrolling Interests | — | $4,130 | $0 | $0 |
| Payment, Tax Withholding, Share-based Payment Arrangement | — | — | $101 | $3,919 |
| Proceeds from Issuance of Common Stock | $0 | — | — | — |
| Payments of Stock Issuance Costs | — | — | $1,892 | $1,892 |
| Net Cash Provided by (Used in) Financing Activities | $0 | $45,870 | $129,918 | $307,681 |
| Cash and Cash Equivalents, at Carrying Value | $253,339 | $72,641 | $182,450 | $179,936 |
| Restricted Cash | — | — | $88,323 | $163,411 |
| Share-based Payment Arrangement, Noncash Expense | $11,595 | $7,751 | $11,397 | $14,707 |
| Depreciation, Depletion and Amortization | $3,344 | $10,455 | $93,296 | $99,819 |
| Impairment of Intangible Assets, Finite-lived | — | — | $54,832 | $53,422 |
| Impairment of Long-Lived Assets Held-for-use | — | — | $16,057 | $14,028 |
| Other Asset Impairment Charges | — | $21,028 | $0 | $0 |
| Increase (Decrease) in Derivative Assets and Liabilities | — | $-14,905 | $-31,223 | $-43,038 |
| Gain (Loss) on Extinguishment of Debt | — | — | $-8,753 | $-8,753 |
| Gain (Loss) on Sale of Derivatives | — | — | $-5,836 | $-5,836 |
| Gain (Loss) on Disposition of Property Plant Equipment | — | — | $5,675 | $0 |
| Amortization of Debt Issuance Costs and Discounts | — | — | $14,629 | $10,451 |
| Operating Lease, Right-of-Use Asset, Amortization Expense | $1,351 | $1,988 | $6,420 | $7,908 |
| Fair Value Adjustment of Warrants | $-31,763 | $1,291 | $8,356 | $2,126 |
| Deferred Income Taxes and Tax Credits | — | — | $-13,995 | $-7,235 |
| Foreign Currency Transaction Gain (Loss), Unrealized | — | — | $303 | $303 |
| Other Noncash Income (Expense) | $-469 | $-838 | $-4,325 | $-1,354 |
| Increase (Decrease) in Accounts Receivable | — | — | $77,214 | $56,794 |
| GovernmentAssistanceAssetDecreaseCurrent | — | — | $35,689 | $50,733 |
| Increase (Decrease) in Inventories | — | — | $-158,506 | $-97,449 |
| Increase (Decrease) in Other Operating Assets | — | — | $5,088 | $6,384 |
| Increase (Decrease) in Accounts Payable and Accrued Liabilities | $20,039 | $10,004 | $135,142 | $85,717 |
| Increase (Decrease) in Deferred Revenue | — | — | $24,764 | $79,643 |