Name | Value |
---|---|
Revenues | 7.4M |
Cost of Revenue | 19.8M |
Gross Profit | -12.4M |
Operating Expense | 52.4M |
Operating I/L | -64.8M |
Other Income/Expense | 1.6M |
Interest Income | 4.1M |
Pretax | -60.7M |
Income Tax Expense | 0.6M |
Net Income/Loss | -60.0M |
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.