Name | Value |
---|---|
Revenues | 7.5M |
Cost of Revenue | 5.5M |
Gross Profit | 1.9M |
Operating Expense | 45.7M |
Operating I/L | -43.7M |
Other Income/Expense | -1.4M |
Interest Income | 2.4M |
Pretax | -45.1M |
Income Tax Expense | -0.9M |
Net Income/Loss | -44.5M |
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.