Name | Value |
---|---|
Revenues | 2.7M |
Cost of Revenue | 1.0M |
Gross Profit | 1.7M |
Operating Expense | 29.4M |
Operating I/L | -27.7M |
Other Income/Expense | -1.0M |
Interest Income | 0.9M |
Pretax | -28.7M |
Income Tax Expense | 0.0M |
Net Income/Loss | -28.7M |
Novonix Limited is a leading developer and supplier of battery materials, equipment, and services for the North American lithium-ion battery market. The company operates through three segments: Graphite Exploration and Mining, Battery Technology, and Battery Materials. It explores for graphite, develops battery cell testing equipment and batteries, and manufactures battery anode materials. Novonix also engages in investment and battery testing activities. The company has strategic alliances and partnerships to enhance its synthetic graphite manufacturing process and develop energy storage systems for community microgrids.