Name | Value |
---|---|
Revenues | 10.9M |
Cost of Revenue | 18.7M |
Gross Profit | -7.7M |
Operating Expense | 23.5M |
Operating I/L | -31.2M |
Other Income/Expense | -8.5M |
Interest Income | 0.0M |
Pretax | -39.7M |
Income Tax Expense | 0.5M |
Net Income/Loss | -40.2M |
Danimer Scientific, Inc. is a performance polymer company specializing in bioplastic replacements for traditional petroleum-based plastics. The company develops and produces polyhydroxyalkanoate (PHA), a biodegradable plastic feedstock used in various plastic applications such as films, straws, and food containers under the Nodax brand. Additionally, it offers polylactic acid-based resins for coating disposable paper cups and other biopolymers. Danimer Scientific markets its products to consumer packaging brand owners, converters, and manufacturers in the plastics industry, providing biopolymer solutions including additives, coatings, fibers, films, and injection-molded articles.