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ORGN| Name | Value |
|---|---|
| Revenues | 0.0M |
| Cost of Revenue | 0.0M |
| Gross Profit | 0.0M |
| Operating Expense | 13.0M |
| Operating I/L | 11.8M |
| Other Income/Expense | 4.2M |
| Interest Income | 2.7M |
| Pretax | 16.0M |
| Income Tax Expense | 70.2M |
| Net Income/Loss | -54.2M |
Origin Materials, formerly known as Micromidas, Inc., specializes in producing and commercializing plant-based PET plastic. The company has developed a unique platform that converts the carbon found in biomass into valuable materials, all while capturing carbon in the process. Its products cater to various markets including tire filler, carbon black, agriculture, and activated carbon. Origin Materials generates revenue through the sale of its plant-based PET plastic and other materials derived from biomass, offering sustainable alternatives to traditional petroleum-based plastics.
