Is it safe?
Can FRMI take a bad year?
The deepest fall in FRMI's price history on file is −86%; it is 82% below its high today.
$458M
Net debt · as at Q2 2026 · debt less the cash on hand
- Cash runway
- 0.1 years
Cash runway · burning $311M a quarter at the current rate
- Annualised volatility
- 127%
Annualised volatility · three times the market's own swing
- Worst drawdown on file
- −86%
Worst drawdown on file · −82% today
Details›
- Total debtQ2 2026
- $520M
- Cash and short-term investments
- $63M
- Net debt
- $458M
- Operating profit, trailing twelve months
- −$365M
- Debt / equity
- 0.50×
- Annualised volatilitytwo years of daily moves
- 127%
- Worst drawdown on file
- −86%
- Below its 52-week high
- 82%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.