| Income Statement | 2025-09-30 | 2025-06-30 | 2025-03-31 | |
|---|---|---|---|---|
| Total net sales | 210,522 | 132,767 | 53,452 | |
| Cost of sales | 189,374 | 100,006 | 35,671 | |
| Gross profit | 21,148 | 32,761 | 17,781 | |
| Selling, general and administrative | 62,663 | 61,972 | 41,392 | |
| Impairment of intangible assets | 53,208 | - | - | |
| Total operating expenses | 115,871 | - | - | |
| Operating loss from continuing operations | -94,723 | -29,211 | -23,611 | |
| Warrant liability fair value adjustment | 1,521 | -220 | 1,567 | |
| Derivative liabilities fair value adjustment | -30,868 | 1,048 | 25,229 | |
| Loss on settlement of warrant liability | -5,836 | - | - | |
| Interest (expense) income, net | -9,395 | -8,045 | -9,853 | |
| Foreign currency transaction (loss) gain | 2 | -30 | -14 | |
| Other (expense) income, net | -377 | -1,369 | 34 | |
| Total other (expense) income | -44,953 | -8,616 | 16,963 | |
| Loss from continuing operations before income taxes | -139,676 | -37,827 | -6,648 | |
| Income tax benefit (expense) | -12,083 | -5,979 | -2,513 | |
| Net loss from continuing operations | -127,593 | -31,848 | -4,135 | |
| Net loss from discontinued operations, net of tax | -2,966 | -61 | -12,104 | |
| Net loss | -130,559 | -31,909 | -16,239 | |
| Foreign currency translation adjustments | - | 13,482 | 26,065 | |
| Net loss attributable to non-controlling interests | 0 | - | - | |
| Total comprehensive loss | - | -18,427 | 9,826 | |
| Preferred stock dividends and accretion | 819 | - | - | |
| Preferred dividends and accretion | - | 891 | 891 | |
| Preferred stock deemed dividend | 7,777 | - | - | |
| Comprehensive loss attributable to non-controlling interests | - | 0 | 0 | |
| Deemed dividend related to amendment of tranche right | 1,667 | - | - | |
| Comprehensive loss attributable to common stockholders | - | -19,318 | 8,935 | |
| Net loss attributable to common stockholders | -140,822 | - | - | |
| Net loss per share - basic (in usd per share) | -0.87 | -0.21 | -0.11 | |
| Net loss per share - diluted (in usd per share) | -0.87 | -0.21 | -0.11 | |
| Weighted average shares of common stock outstanding - basic (in shares) | 160,977,000 | 155,938,000 | 155,933,000 | |
| Weighted average shares of common stock outstanding - diluted (in shares) | 160,977,000 | 155,938,000 | 155,933,000 | |
T1 Energy Inc. (TE-WT)
T1 Energy Inc. (TE-WT)