Revenue
2025
2026
| 2026 | 2025 | 2024 | 2022 | |
|---|---|---|---|---|
| Revenue | $164,000 | $871,000 | — | — |
| Gross profit | $130,000 | $871,000 | — | — |
| Gross margin | 79.27% | 100.00% | — | — |
| Operating expenses | $13.6M | $16.1M | — | — |
| Operating income | −$13.5M | −$15.2M | — | — |
| Operating margin | −8,227.44% | −1,745.46% | — | — |
| EBITDA | −$11.5M | −$13.6M | — | — |
| EBITDA margin | −7,007.93% | −1,561.77% | — | — |
| Net income | $122,000 | −$3.5M | — | — |
| Net profit margin | 74.39% | −403.67% | — | — |
| Basic EPSper basic share | $0.00 | -$0.01 | -$0.04 | $0.00 |
| Diluted EPSper diluted share | $0.00 | -$0.01 | -$0.04 | $0.00 |
Reported shareholders
Reported holdings Number of shares
| Holder | Shares held |
|---|---|
WARNOCK JACOB AARON / EV Metals 7 LLC / EV Metals VI LLC / EV Metals 9 LLC | 143.64M |
Encompass Capital Partners LLC / Encompass Capital Master Fund LP / Encompass Capital Advisors LLC / Kantor Todd J. | 57.9M |
Burba John L. | 10.8M |
SOUTHER JOHN | 601.6K |
Solar Keith R | 541.13K |
SCHULTZ JAMES MICHAEL | 541.13K |
GALLOWAY JAMES GARRETT | 400K |
RUTLEDGE MICHAEL A | 252.71K |
GARCIA NORMA LINDA | 33.33K |
Bars compare reported share counts. A matching total for this share class and reporting period is unavailable, so percentages are not shown.
| Transaction | Insider | Type | Shares | Price | Value | Owned after |
|---|---|---|---|---|---|---|
| Jun 2, 2026Form 4 · 10b5-1 | RUTLEDGE MICHAEL AChief Financial Officer | SellCommon Shares, no par value | 197.3K | $0.09 | $17.8K | 252.7K |
| Apr 29, 2026Form 4 | WARNOCK JACOB AARON +3Director,TenPercentOwner | BuyCommon Stock, no par value · indirect | 34.32M | $0.08 | $2.75M | 143.10M |
| Apr 29, 2026Form 4 | WARNOCK JACOB AARON +3Director,TenPercentOwner | BuyWarrants · derivative · indirect | 34.32M | $0.00 | $0.00 | 120.74M |
| Feb 23, 2026Form 4 | EV Metals 7 LLC +2TenPercentOwner | BuyCommon Shares, no par value · indirect | 26.43M | $0.08 | $2.11M | 108.78M |
| Feb 23, 2026Form 4 | EV Metals 7 LLC +2TenPercentOwner | BuyWarrants · derivative · indirect | 26.43M | $0.00 | $0.00 | 86.43M |