Research / XPON / Fundamental state Inspectable configuration
State dimensions Filing 0001903596-25-000532 General Corporate
Debt relative to revenue 33th Own-history percentile · N=12
Evidence method Level · gp.fundamentals.debt_to_revenue
8.59% · OPTIONAL · VALID
Operating cash generation 67th Own-history percentile · N=12
Evidence method Ratio · gp.fundamentals.operating_cash_flow + gp.fundamentals.revenue
-87.55% · OPTIONAL · VALID
Revenue growth 75th Own-history percentile · N=8
Evidence method Yoy · gp.fundamentals.revenue
72.23% · CORE · VALID
Inventory pressure 25th Own-history percentile · N=12
Evidence method Level · gp.fundamentals.inventory_revenue_ratio
151.75% · OPTIONAL · VALID
Gross margin 25th Own-history percentile · N=12
Evidence method Level · gp.fundamentals.gross_margin
22.67% · CORE · VALID
Operating margin 25th Own-history percentile · N=12
Evidence method Level · gp.fundamentals.operating_margin
-125.45% · CORE · VALID
R&D intensity 10th Own-history percentile · N=10
Evidence method Ratio · gp.fundamentals.rnd + gp.fundamentals.revenue
3.10% · OPTIONAL · VALID
SBC intensity 78th Own-history percentile · N=9
Evidence method Level · gp.fundamentals.sbc_revenue_ratio
11.19% · OPTIONAL · VALID
As-filed lineage Fundamental state history Each observation is tied to the filing and facts available at that report date. Amendments remain separate.
History 16 states History building
Sep 30, 2022 0/7 normalized Level 3 Dec 31, 2022 0/8 normalized Level 3 Mar 31, 2023 0/7 normalized Level 3 Jun 30, 2023 0/7 normalized Level 3 Sep 30, 2023 0/8 normalized Level 3 Dec 31, 2023 0/8 normalized Level 3 Mar 31, 2024 0/9 normalized Level 3 Jun 30, 2024 0/8 normalized Level 3 Sep 30, 2024 5/8 normalized Level 3 Dec 31, 2024 5/8 normalized Level 3 Mar 31, 2025 6/8 normalized Level 3 Jun 30, 2025 7/8 normalized Level 3 Sep 30, 2025 8/8 normalized Level 3 Dec 31, 2025 8/8 normalized Level 3 Mar 31, 2026 8/8 normalized Level 3 Jun 30, 2026 8/8 normalized Level 3 Period transition
What moved in the state? Balance Sheet Leverage Increased
Previous 7.14%
Current 8.59%
Delta 1.45% Cash Generation Decreased
Previous -13.41%
Current -87.55%
Delta -74.14% Growth Decreased
Previous 133.94%
Current 72.23%
Delta -61.70% Inventory Pressure Decreased
Previous 171.85%
Current 151.75%
Delta -20.10% Margin Increased
Previous 20.82%
Current 22.67%
Delta 1.84% Profitability Decreased
Previous -45.16%
Current -125.45%
Delta -80.29% R And D Intensity Increased
Previous 2.64%
Current 3.10%
Delta 0.46% Sbc Intensity Increased
Previous 4.46%
Current 11.19%
Delta 6.74% Self-history only Previous similar states Similarity compares compatible valid dimensions from this issuer's own point-in-time history. No market-return claim is attached.
Not enough compatible prior states for a transparent self-history match.
Research Graph
Related governed research Method Percentiles and historical matches use only observations available at each point in time. Missing dimensions remain missing. Public price outcomes and cross-market analogues are deliberately absent.