Name | Value |
---|---|
Revenues | 0.0M |
Cost of Revenue | 12.2M |
Gross Profit | -12.2M |
Operating Expense | 51.0M |
Operating I/L | -63.2M |
Other Income/Expense | -10.4M |
Interest Income | 2.5M |
Pretax | -73.6M |
Income Tax Expense | 23.2M |
Net Income/Loss | -96.8M |
Enovix Corporation is a leading developer and manufacturer of lithium-ion batteries. Founded in 2007, the company specializes in designing and producing high-performance batteries for a wide range of applications, including consumer electronics, electric vehicles, and energy storage systems. Enovix generates revenue by selling its advanced lithium-ion battery products to manufacturers and companies in various industries, capitalizing on the growing demand for efficient and sustainable energy solutions.