Research / XPON / Fundamental state Inspectable configuration
State dimensions Filing 0001903596-25-000401 General Corporate
Debt relative to revenue 27th Own-history percentile · N=11
Evidence method Level · gp.fundamentals.debt_to_revenue
7.14% · OPTIONAL · VALID
Operating cash generation 100th Own-history percentile · N=11
Evidence method Ratio · gp.fundamentals.operating_cash_flow + gp.fundamentals.revenue
-13.41% · OPTIONAL · VALID
Revenue growth RAW Current state valid · history insufficient
Evidence method Yoy · gp.fundamentals.revenue
133.94% · CORE · NOT_ENOUGH_HISTORY
Inventory pressure 27th Own-history percentile · N=11
Evidence method Level · gp.fundamentals.inventory_revenue_ratio
171.85% · OPTIONAL · VALID
Gross margin 18th Own-history percentile · N=11
Evidence method Level · gp.fundamentals.gross_margin
20.82% · CORE · VALID
Operating margin 100th Own-history percentile · N=11
Evidence method Level · gp.fundamentals.operating_margin
-45.16% · CORE · VALID
R&D intensity 0th Own-history percentile · N=9
Evidence method Ratio · gp.fundamentals.rnd + gp.fundamentals.revenue
2.64% · OPTIONAL · VALID
SBC intensity 25th Own-history percentile · N=8
Evidence method Level · gp.fundamentals.sbc_revenue_ratio
4.46% · 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 Decreased
Previous 10.82%
Current 7.14%
Delta -3.68% Cash Generation Increased
Previous -59.97%
Current -13.41%
Delta 46.56% Growth Increased
Previous 110.87%
Current 133.94%
Delta 23.07% Inventory Pressure Decreased
Previous 294.54%
Current 171.85%
Delta -122.69% Margin Decreased
Previous 24.47%
Current 20.82%
Delta -3.65% Profitability Increased
Previous -56.01%
Current -45.16%
Delta 10.85% R And D Intensity Decreased
Previous 5.55%
Current 2.64%
Delta -2.91% Sbc Intensity Increased
Previous 2.48%
Current 4.46%
Delta 1.98% 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.