Research / XPON / Fundamental state Inspectable configuration
State dimensions Filing 0001903596-25-000264 General Corporate
Debt relative to revenue 30th Own-history percentile · N=10
Evidence method Level · gp.fundamentals.debt_to_revenue
10.82% · OPTIONAL · VALID
Operating cash generation 90th Own-history percentile · N=10
Evidence method Ratio · gp.fundamentals.operating_cash_flow + gp.fundamentals.revenue
-59.97% · OPTIONAL · VALID
Revenue growth RAW Current state valid · history insufficient
Evidence method Yoy · gp.fundamentals.revenue
110.87% · CORE · NOT_ENOUGH_HISTORY
Inventory pressure 80th Own-history percentile · N=10
Evidence method Level · gp.fundamentals.inventory_revenue_ratio
294.54% · OPTIONAL · VALID
Gross margin 30th Own-history percentile · N=10
Evidence method Level · gp.fundamentals.gross_margin
24.47% · CORE · VALID
Operating margin 100th Own-history percentile · N=10
Evidence method Level · gp.fundamentals.operating_margin
-56.01% · CORE · VALID
R&D intensity 63th Own-history percentile · N=8
Evidence method Ratio · gp.fundamentals.rnd + gp.fundamentals.revenue
5.55% · OPTIONAL · VALID
SBC intensity RAW Current state valid · history insufficient
Evidence method Level · gp.fundamentals.sbc_revenue_ratio
2.48% · OPTIONAL · NOT_ENOUGH_HISTORY
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 4.09%
Current 10.82%
Delta 6.73% Cash Generation Increased
Previous -170.00%
Current -59.97%
Delta 110.03% Growth Increased
Previous -5.96%
Current 110.87%
Delta 116.82% Inventory Pressure Increased
Previous 85.89%
Current 294.54%
Delta 208.64% Margin Increased
Previous 20.54%
Current 24.47%
Delta 3.94% Profitability Increased
Previous -120.07%
Current -56.01%
Delta 64.06% R And D Intensity Increased
Previous 5.25%
Current 5.55%
Delta 0.30% Sbc Intensity Decreased
Previous 10.96%
Current 2.48%
Delta -8.49% 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.