{
  "ticker": {
    "uuid": "c6c024d9-f6de-4dd3-8d61-dc686f28f5b9",
    "symbol": "SKYE",
    "name": "Skye Bioscience, Inc. Common Stock",
    "exchange": "NASDAQ",
    "exchange_name": "NASDAQ",
    "country": "US",
    "currency": "USD",
    "sector": "Healthcare",
    "industry": "Biotechnology",
    "page_url": "https://sharemaestro.com/factors/ticker/c6c024d9-f6de-4dd3-8d61-dc686f28f5b9/",
    "api_url": "https://sharemaestro.com/factors/api/tickers/c6c024d9-f6de-4dd3-8d61-dc686f28f5b9/"
  },
  "latest_snapshot": {
    "ticker": {
      "uuid": "c6c024d9-f6de-4dd3-8d61-dc686f28f5b9",
      "symbol": "SKYE",
      "name": "Skye Bioscience, Inc. Common Stock",
      "exchange": "NASDAQ",
      "exchange_name": "NASDAQ",
      "country": "US",
      "currency": "USD",
      "sector": "Healthcare",
      "industry": "Biotechnology",
      "page_url": "https://sharemaestro.com/factors/ticker/c6c024d9-f6de-4dd3-8d61-dc686f28f5b9/",
      "api_url": "https://sharemaestro.com/factors/api/tickers/c6c024d9-f6de-4dd3-8d61-dc686f28f5b9/"
    },
    "week_end_date": "2026-07-26",
    "universe": "USD_US",
    "score": {
      "os": 0.37,
      "value": 0.43,
      "quality": 0.42,
      "momentum": 0.43,
      "coverage": 0.667,
      "confidence": 0.639,
      "delta": -2
    },
    "headline_factors": {
      "price": 0.65,
      "market_cap": 22910192.37,
      "pe_ratio": null,
      "earnings_yield": null,
      "ebitda_to_ev": null,
      "shareholder_yield": 0,
      "roe": -6.3618,
      "piotroski_f_score": 2,
      "momentum_12_1": -0.8261,
      "volatility_252d": 0.9521
    },
    "strategy_flags": {
      "market_leader": false,
      "cornerstone_value": false,
      "cornerstone_growth": false,
      "tiny_titan": false,
      "all_cap_buyback": false,
      "small_cap_core": false,
      "veiled_value": false,
      "earnings_consistent_5y": false
    },
    "factor_groups": {
      "valuation": {
        "pe_ratio": null,
        "ev_ebitda": null,
        "earnings_yield": null,
        "fcf_yield": -2.8154,
        "shareholder_yield": 0
      },
      "quality": {
        "roe": -6.3618,
        "roic": -36.6184,
        "gross_margin": null,
        "fcf_margin": null,
        "piotroski_f_score": 2
      },
      "growth": {
        "revenue_growth_1y": null,
        "eps_growth_1y": null,
        "fcf_growth_1y": null
      },
      "momentum": {
        "price_return_12m": -0.8333,
        "momentum_12_1": -0.8261,
        "relative_strength": -1.0495
      },
      "scores": {
        "value_percentile": 0.43,
        "quality_percentile": 0.42,
        "momentum_percentile": 0.43,
        "growth_composite": 57,
        "yield_composite": 56,
        "overall_composite": 63,
        "os_score": 0.37,
        "factor_coverage": 0.667,
        "signal_confidence": 0.639
      }
    }
  },
  "factor_history": [
    {
      "week_end_date": "2026-06-07",
      "price": 0.73,
      "os": 0.54,
      "value": 0.51,
      "quality": 0.49,
      "momentum": 0.5,
      "confidence": 0.667,
      "coverage": 0.667,
      "pe_ratio": null,
      "earnings_yield": null,
      "shareholder_yield": 0,
      "roe": -6.3618,
      "momentum_12_1": -0.645
    },
    {
      "week_end_date": "2026-06-14",
      "price": 0.79,
      "os": 0.7,
      "value": 0.59,
      "quality": 0.58,
      "momentum": 0.6,
      "confidence": 0.667,
      "coverage": 0.667,
      "pe_ratio": null,
      "earnings_yield": null,
      "shareholder_yield": 0,
      "roe": -6.3618,
      "momentum_12_1": -0.6031
    },
    {
      "week_end_date": "2026-06-21",
      "price": 0.71,
      "os": 0.2,
      "value": 0.36,
      "quality": 0.34,
      "momentum": 0.35,
      "confidence": 0.667,
      "coverage": 0.667,
      "pe_ratio": null,
      "earnings_yield": null,
      "shareholder_yield": 0,
      "roe": -6.3618,
      "momentum_12_1": -0.6161
    },
    {
      "week_end_date": "2026-06-28",
      "price": 0.68,
      "os": 0.47,
      "value": 0.48,
      "quality": 0.46,
      "momentum": 0.46,
      "confidence": 0.667,
      "coverage": 0.667,
      "pe_ratio": null,
      "earnings_yield": null,
      "shareholder_yield": 0,
      "roe": -6.3618,
      "momentum_12_1": -0.8113
    },
    {
      "week_end_date": "2026-07-05",
      "price": 0.7,
      "os": 0.67,
      "value": 0.57,
      "quality": 0.56,
      "momentum": 0.57,
      "confidence": 0.661,
      "coverage": 0.667,
      "pe_ratio": null,
      "earnings_yield": null,
      "shareholder_yield": 0,
      "roe": -6.3618,
      "momentum_12_1": -0.841
    },
    {
      "week_end_date": "2026-07-12",
      "price": 0.69,
      "os": 0.61,
      "value": 0.54,
      "quality": 0.52,
      "momentum": 0.55,
      "confidence": 0.654,
      "coverage": 0.667,
      "pe_ratio": null,
      "earnings_yield": null,
      "shareholder_yield": 0,
      "roe": -6.3618,
      "momentum_12_1": -0.8022
    },
    {
      "week_end_date": "2026-07-19",
      "price": 0.65,
      "os": 0.35,
      "value": 0.43,
      "quality": 0.41,
      "momentum": 0.42,
      "confidence": 0.646,
      "coverage": 0.667,
      "pe_ratio": null,
      "earnings_yield": null,
      "shareholder_yield": 0,
      "roe": -6.3618,
      "momentum_12_1": -0.8182
    },
    {
      "week_end_date": "2026-07-26",
      "price": 0.65,
      "os": 0.37,
      "value": 0.43,
      "quality": 0.42,
      "momentum": 0.43,
      "confidence": 0.639,
      "coverage": 0.667,
      "pe_ratio": null,
      "earnings_yield": null,
      "shareholder_yield": 0,
      "roe": -6.3618,
      "momentum_12_1": -0.8261
    }
  ],
  "financial_periods": {
    "annual": [
      {
        "period_end_date": "2025-12-31",
        "period_type": "annual",
        "fiscal_year": 2025,
        "fiscal_quarter": null,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 0,
          "cost_of_revenue": 723352,
          "gross_profit": -723352,
          "ebit": -55919414,
          "ebitda": -55196062,
          "pretax_income": -55919414,
          "tax_provision": 5400,
          "net_income": -55924814,
          "net_income_to_common": -55924814,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 5882498,
          "total_current_assets": 27094147,
          "total_assets": 28313633,
          "short_term_debt": 189647,
          "long_term_debt": 83999,
          "total_debt": 273646,
          "total_liabilities": 8289458,
          "total_equity": 20024175,
          "shares_outstanding": 39662664,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": -43062529,
          "capital_expenditure": 6312,
          "free_cash_flow": -43056217,
          "dividends_paid": null,
          "share_repurchases": null,
          "shares_issued": 0,
          "net_debt_issued": null
        }
      },
      {
        "period_end_date": "2025-12-31",
        "period_type": "annual",
        "fiscal_year": 2025,
        "fiscal_quarter": null,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 0,
          "cost_of_revenue": 723352,
          "gross_profit": -723352,
          "ebit": -55919414,
          "ebitda": -55196062,
          "pretax_income": -55919414,
          "tax_provision": 5400,
          "net_income": -55924814,
          "net_income_to_common": -55924814,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 5882498,
          "total_current_assets": 27094147,
          "total_assets": 28313633,
          "short_term_debt": 189647,
          "long_term_debt": 83999,
          "total_debt": 273646,
          "total_liabilities": 8289458,
          "total_equity": 20024175,
          "shares_outstanding": 39662664,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": -43062529,
          "capital_expenditure": 6312,
          "free_cash_flow": -43056217,
          "dividends_paid": null,
          "share_repurchases": null,
          "shares_issued": 0,
          "net_debt_issued": null
        }
      },
      {
        "period_end_date": "2025-12-31",
        "period_type": "annual",
        "fiscal_year": 2025,
        "fiscal_quarter": null,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 0,
          "cost_of_revenue": 723352,
          "gross_profit": -723352,
          "ebit": -55919414,
          "ebitda": -55196062,
          "pretax_income": -55919414,
          "tax_provision": 5400,
          "net_income": -55924814,
          "net_income_to_common": -55924814,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 5882498,
          "total_current_assets": 27094147,
          "total_assets": 28313633,
          "short_term_debt": 189647,
          "long_term_debt": 83999,
          "total_debt": 273646,
          "total_liabilities": 8289458,
          "total_equity": 20024175,
          "shares_outstanding": 39662664,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": -43062529,
          "capital_expenditure": 6312,
          "free_cash_flow": -43056217,
          "dividends_paid": null,
          "share_repurchases": null,
          "shares_issued": 0,
          "net_debt_issued": null
        }
      },
      {
        "period_end_date": "2025-12-31",
        "period_type": "annual",
        "fiscal_year": 2025,
        "fiscal_quarter": null,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 0,
          "cost_of_revenue": 723352,
          "gross_profit": -723352,
          "ebit": -55919414,
          "ebitda": -55196062,
          "pretax_income": -55919414,
          "tax_provision": 5400,
          "net_income": -55924814,
          "net_income_to_common": -55924814,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 5882498,
          "total_current_assets": 27094147,
          "total_assets": 28313633,
          "short_term_debt": 189647,
          "long_term_debt": 83999,
          "total_debt": 273646,
          "total_liabilities": 8289458,
          "total_equity": 20024175,
          "shares_outstanding": 39662664,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": -43062529,
          "capital_expenditure": 6312,
          "free_cash_flow": -43056217,
          "dividends_paid": null,
          "share_repurchases": null,
          "shares_issued": 0,
          "net_debt_issued": null
        }
      },
      {
        "period_end_date": "2025-12-31",
        "period_type": "annual",
        "fiscal_year": 2025,
        "fiscal_quarter": null,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 0,
          "cost_of_revenue": 723352,
          "gross_profit": -723352,
          "ebit": -55919414,
          "ebitda": -55196062,
          "pretax_income": -55919414,
          "tax_provision": 5400,
          "net_income": -55924814,
          "net_income_to_common": -55924814,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 5882498,
          "total_current_assets": 27094147,
          "total_assets": 28313633,
          "short_term_debt": 189647,
          "long_term_debt": 83999,
          "total_debt": 273646,
          "total_liabilities": 8289458,
          "total_equity": 20024175,
          "shares_outstanding": 39662664,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": -43062529,
          "capital_expenditure": 6312,
          "free_cash_flow": -43056217,
          "dividends_paid": null,
          "share_repurchases": null,
          "shares_issued": 0,
          "net_debt_issued": null
        }
      },
      {
        "period_end_date": "2025-12-31",
        "period_type": "annual",
        "fiscal_year": 2025,
        "fiscal_quarter": null,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 0,
          "cost_of_revenue": 723352,
          "gross_profit": -723352,
          "ebit": -55919414,
          "ebitda": -55196062,
          "pretax_income": -55919414,
          "tax_provision": 5400,
          "net_income": -55924814,
          "net_income_to_common": -55924814,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 5882498,
          "total_current_assets": 27094147,
          "total_assets": 28313633,
          "short_term_debt": 189647,
          "long_term_debt": 83999,
          "total_debt": 273646,
          "total_liabilities": 8289458,
          "total_equity": 20024175,
          "shares_outstanding": 39662664,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": -43062529,
          "capital_expenditure": 6312,
          "free_cash_flow": -43056217,
          "dividends_paid": null,
          "share_repurchases": null,
          "shares_issued": 0,
          "net_debt_issued": null
        }
      },
      {
        "period_end_date": "2025-12-31",
        "period_type": "annual",
        "fiscal_year": 2025,
        "fiscal_quarter": null,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 0,
          "cost_of_revenue": 723352,
          "gross_profit": -723352,
          "ebit": -55919414,
          "ebitda": -55196062,
          "pretax_income": -55919414,
          "tax_provision": 5400,
          "net_income": -55924814,
          "net_income_to_common": -55924814,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 5882498,
          "total_current_assets": 27094147,
          "total_assets": 28313633,
          "short_term_debt": 189647,
          "long_term_debt": 83999,
          "total_debt": 273646,
          "total_liabilities": 8289458,
          "total_equity": 20024175,
          "shares_outstanding": 39662664,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": -43062529,
          "capital_expenditure": 6312,
          "free_cash_flow": -43056217,
          "dividends_paid": null,
          "share_repurchases": null,
          "shares_issued": 0,
          "net_debt_issued": null
        }
      },
      {
        "period_end_date": "2025-12-31",
        "period_type": "annual",
        "fiscal_year": 2025,
        "fiscal_quarter": null,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 0,
          "cost_of_revenue": 723352,
          "gross_profit": -723352,
          "ebit": -58163565,
          "ebitda": -57440213,
          "pretax_income": -55919414,
          "tax_provision": 5400,
          "net_income": -55924814,
          "net_income_to_common": -55924814,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 5882498,
          "total_current_assets": 27094147,
          "total_assets": 28313633,
          "short_term_debt": 189647,
          "long_term_debt": 83999,
          "total_debt": 273646,
          "total_liabilities": 8289458,
          "total_equity": 20024175,
          "shares_outstanding": 39662664,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": -43062529,
          "capital_expenditure": 6312,
          "free_cash_flow": -43056217,
          "dividends_paid": null,
          "share_repurchases": null,
          "shares_issued": 0,
          "net_debt_issued": null
        }
      }
    ],
    "quarterly": [
      {
        "period_end_date": "2026-03-31",
        "period_type": "quarterly",
        "fiscal_year": 2026,
        "fiscal_quarter": 1,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 0,
          "cost_of_revenue": 172886,
          "gross_profit": -172886,
          "ebit": -12507162,
          "ebitda": -12334276,
          "pretax_income": -12509361,
          "tax_provision": null,
          "net_income": -12509361,
          "net_income_to_common": -12509361,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 8149015,
          "total_current_assets": 18566969,
          "total_assets": 19416736,
          "short_term_debt": 311318,
          "long_term_debt": 0,
          "total_debt": 311318,
          "total_liabilities": 10404932,
          "total_equity": 9011804,
          "shares_outstanding": 39681465,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": -8557917,
          "capital_expenditure": 3,
          "free_cash_flow": -8557914,
          "dividends_paid": null,
          "share_repurchases": null,
          "shares_issued": null,
          "net_debt_issued": -71525
        }
      },
      {
        "period_end_date": "2026-03-31",
        "period_type": "quarterly",
        "fiscal_year": 2026,
        "fiscal_quarter": 1,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 0,
          "cost_of_revenue": 172886,
          "gross_profit": -172886,
          "ebit": -12507162,
          "ebitda": -12334276,
          "pretax_income": -12509361,
          "tax_provision": null,
          "net_income": -12509361,
          "net_income_to_common": -12509361,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 8149015,
          "total_current_assets": 18566969,
          "total_assets": 19416736,
          "short_term_debt": 311318,
          "long_term_debt": 0,
          "total_debt": 311318,
          "total_liabilities": 10404932,
          "total_equity": 9011804,
          "shares_outstanding": 39681465,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": -8557917,
          "capital_expenditure": 3,
          "free_cash_flow": -8557914,
          "dividends_paid": null,
          "share_repurchases": null,
          "shares_issued": null,
          "net_debt_issued": -71525
        }
      },
      {
        "period_end_date": "2026-03-31",
        "period_type": "quarterly",
        "fiscal_year": 2026,
        "fiscal_quarter": 1,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 0,
          "cost_of_revenue": 172886,
          "gross_profit": -172886,
          "ebit": -12507162,
          "ebitda": -12334276,
          "pretax_income": -12509361,
          "tax_provision": null,
          "net_income": -12509361,
          "net_income_to_common": -12509361,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 8149015,
          "total_current_assets": 18566969,
          "total_assets": 19416736,
          "short_term_debt": 311318,
          "long_term_debt": 0,
          "total_debt": 311318,
          "total_liabilities": 10404932,
          "total_equity": 9011804,
          "shares_outstanding": 39681465,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": -8557917,
          "capital_expenditure": 3,
          "free_cash_flow": -8557914,
          "dividends_paid": null,
          "share_repurchases": null,
          "shares_issued": null,
          "net_debt_issued": -71525
        }
      },
      {
        "period_end_date": "2026-03-31",
        "period_type": "quarterly",
        "fiscal_year": 2026,
        "fiscal_quarter": 1,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 0,
          "cost_of_revenue": 172886,
          "gross_profit": -172886,
          "ebit": -12507162,
          "ebitda": -12334276,
          "pretax_income": -12509361,
          "tax_provision": null,
          "net_income": -12509361,
          "net_income_to_common": -12509361,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 8149015,
          "total_current_assets": 18566969,
          "total_assets": 19416736,
          "short_term_debt": 311318,
          "long_term_debt": 0,
          "total_debt": 311318,
          "total_liabilities": 10404932,
          "total_equity": 9011804,
          "shares_outstanding": 39681465,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": -8557917,
          "capital_expenditure": 3,
          "free_cash_flow": -8557914,
          "dividends_paid": null,
          "share_repurchases": null,
          "shares_issued": null,
          "net_debt_issued": -71525
        }
      },
      {
        "period_end_date": "2026-03-31",
        "period_type": "quarterly",
        "fiscal_year": 2026,
        "fiscal_quarter": 1,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 0,
          "cost_of_revenue": 172886,
          "gross_profit": -172886,
          "ebit": -12507162,
          "ebitda": -12334276,
          "pretax_income": -12509361,
          "tax_provision": null,
          "net_income": -12509361,
          "net_income_to_common": -12509361,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 8149015,
          "total_current_assets": 18566969,
          "total_assets": 19416736,
          "short_term_debt": 311318,
          "long_term_debt": 0,
          "total_debt": 311318,
          "total_liabilities": 10404932,
          "total_equity": 9011804,
          "shares_outstanding": 39681465,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": -8557917,
          "capital_expenditure": 3,
          "free_cash_flow": -8557914,
          "dividends_paid": null,
          "share_repurchases": null,
          "shares_issued": null,
          "net_debt_issued": -71525
        }
      },
      {
        "period_end_date": "2026-03-31",
        "period_type": "quarterly",
        "fiscal_year": 2026,
        "fiscal_quarter": 1,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 0,
          "cost_of_revenue": 172886,
          "gross_profit": -172886,
          "ebit": -12507162,
          "ebitda": -12334276,
          "pretax_income": -12509361,
          "tax_provision": null,
          "net_income": -12509361,
          "net_income_to_common": -12509361,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 8149015,
          "total_current_assets": 18566969,
          "total_assets": 19416736,
          "short_term_debt": 311318,
          "long_term_debt": 0,
          "total_debt": 311318,
          "total_liabilities": 10404932,
          "total_equity": 9011804,
          "shares_outstanding": 39681465,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": -8557917,
          "capital_expenditure": 3,
          "free_cash_flow": -8557914,
          "dividends_paid": null,
          "share_repurchases": null,
          "shares_issued": null,
          "net_debt_issued": -71525
        }
      },
      {
        "period_end_date": "2026-03-31",
        "period_type": "quarterly",
        "fiscal_year": 2026,
        "fiscal_quarter": 1,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 0,
          "cost_of_revenue": 172886,
          "gross_profit": -172886,
          "ebit": -12507162,
          "ebitda": -12334276,
          "pretax_income": -12509361,
          "tax_provision": null,
          "net_income": -12509361,
          "net_income_to_common": -12509361,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 8149015,
          "total_current_assets": 18566969,
          "total_assets": 19416736,
          "short_term_debt": 311318,
          "long_term_debt": 0,
          "total_debt": 311318,
          "total_liabilities": 10404932,
          "total_equity": 9011804,
          "shares_outstanding": 39681465,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": -8557917,
          "capital_expenditure": 3,
          "free_cash_flow": -8557914,
          "dividends_paid": null,
          "share_repurchases": null,
          "shares_issued": null,
          "net_debt_issued": -71525
        }
      },
      {
        "period_end_date": "2026-03-31",
        "period_type": "quarterly",
        "fiscal_year": 2026,
        "fiscal_quarter": 1,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 0,
          "cost_of_revenue": 172886,
          "gross_profit": -172886,
          "ebit": -12674366,
          "ebitda": -12501480,
          "pretax_income": -12509361,
          "tax_provision": null,
          "net_income": -12509361,
          "net_income_to_common": -12509361,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 8149015,
          "total_current_assets": 18566969,
          "total_assets": 19416736,
          "short_term_debt": 60980,
          "long_term_debt": 0,
          "total_debt": 60980,
          "total_liabilities": 10404932,
          "total_equity": 9011804,
          "shares_outstanding": 39681465,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": -8557917,
          "capital_expenditure": 3,
          "free_cash_flow": -8557914,
          "dividends_paid": null,
          "share_repurchases": null,
          "shares_issued": null,
          "net_debt_issued": -71525
        }
      },
      {
        "period_end_date": "2025-12-31",
        "period_type": "quarterly",
        "fiscal_year": 2025,
        "fiscal_quarter": 4,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 0,
          "cost_of_revenue": 180009,
          "gross_profit": -180009,
          "ebit": -14441963,
          "ebitda": -14261954,
          "pretax_income": -14441963,
          "tax_provision": null,
          "net_income": -14441963,
          "net_income_to_common": -14441963,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 5882498,
          "total_current_assets": 27094147,
          "total_assets": 28313633,
          "short_term_debt": 189647,
          "long_term_debt": 83999,
          "total_debt": 273646,
          "total_liabilities": 8289458,
          "total_equity": 20024175,
          "shares_outstanding": 39662664,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": -9766487,
          "capital_expenditure": 3,
          "free_cash_flow": -9766484,
          "dividends_paid": null,
          "share_repurchases": null,
          "shares_issued": 0,
          "net_debt_issued": null
        }
      },
      {
        "period_end_date": "2025-12-31",
        "period_type": "quarterly",
        "fiscal_year": 2025,
        "fiscal_quarter": 4,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 0,
          "cost_of_revenue": 180009,
          "gross_profit": -180009,
          "ebit": -14441963,
          "ebitda": -14261954,
          "pretax_income": -14441963,
          "tax_provision": null,
          "net_income": -14441963,
          "net_income_to_common": -14441963,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 5882498,
          "total_current_assets": 27094147,
          "total_assets": 28313633,
          "short_term_debt": 189647,
          "long_term_debt": 83999,
          "total_debt": 273646,
          "total_liabilities": 8289458,
          "total_equity": 20024175,
          "shares_outstanding": 39662664,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": -9766487,
          "capital_expenditure": 3,
          "free_cash_flow": -9766484,
          "dividends_paid": null,
          "share_repurchases": null,
          "shares_issued": 0,
          "net_debt_issued": null
        }
      },
      {
        "period_end_date": "2025-12-31",
        "period_type": "quarterly",
        "fiscal_year": 2025,
        "fiscal_quarter": 4,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 0,
          "cost_of_revenue": 180009,
          "gross_profit": -180009,
          "ebit": -14441963,
          "ebitda": -14261954,
          "pretax_income": -14441963,
          "tax_provision": null,
          "net_income": -14441963,
          "net_income_to_common": -14441963,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 5882498,
          "total_current_assets": 27094147,
          "total_assets": 28313633,
          "short_term_debt": 189647,
          "long_term_debt": 83999,
          "total_debt": 273646,
          "total_liabilities": 8289458,
          "total_equity": 20024175,
          "shares_outstanding": 39662664,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": -9766487,
          "capital_expenditure": 3,
          "free_cash_flow": -9766484,
          "dividends_paid": null,
          "share_repurchases": null,
          "shares_issued": 0,
          "net_debt_issued": null
        }
      },
      {
        "period_end_date": "2025-12-31",
        "period_type": "quarterly",
        "fiscal_year": 2025,
        "fiscal_quarter": 4,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 0,
          "cost_of_revenue": 180009,
          "gross_profit": -180009,
          "ebit": -14441963,
          "ebitda": -14261954,
          "pretax_income": -14441963,
          "tax_provision": null,
          "net_income": -14441963,
          "net_income_to_common": -14441963,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 5882498,
          "total_current_assets": 27094147,
          "total_assets": 28313633,
          "short_term_debt": 189647,
          "long_term_debt": 83999,
          "total_debt": 273646,
          "total_liabilities": 8289458,
          "total_equity": 20024175,
          "shares_outstanding": 39662664,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": -9766487,
          "capital_expenditure": 3,
          "free_cash_flow": -9766484,
          "dividends_paid": null,
          "share_repurchases": null,
          "shares_issued": 0,
          "net_debt_issued": null
        }
      }
    ]
  },
  "strategy_matches": [
    {
      "key": "sector_relative",
      "name": "Cheapest in Sector",
      "slug": "sector-relative",
      "group": "value",
      "page_url": "/factors/sector-relative/"
    },
    {
      "key": "risk_adj_momentum",
      "name": "Risk-Adjusted Momentum",
      "slug": "risk-adj-momentum",
      "group": "momentum",
      "page_url": "/factors/risk-adj-momentum/"
    },
    {
      "key": "shareholder_yield",
      "name": "Shareholder Yield",
      "slug": "shareholder-yield",
      "group": "income",
      "page_url": "/factors/shareholder-yield/"
    }
  ],
  "coverage": {
    "factor_history_points": 8,
    "annual_financial_periods": 8,
    "quarterly_financial_periods": 12,
    "latest_factor_week": "2026-07-26",
    "latest_financials_period_end": "2026-03-31"
  },
  "schema": {
    "public_fields_only": true
  }
}