Name | Value |
---|---|
Revenues | 5.1M |
Cost of Revenue | 4.8M |
Gross Profit | 0.3M |
Operating Expense | 42.8M |
Operating I/L | -42.6M |
Other Income/Expense | 18.9M |
Interest Income | 2.4M |
Pretax | -23.7M |
Income Tax Expense | -0.2M |
Net Income/Loss | -23.5M |
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.