Financial statements and analysis
Showing the last 6 fiscal years: 2020 to 2025
Chart shows data from left to right: oldest period → newest period
X-axis shows fiscal years with their term end dates and filing dates
Period names from company filings, with term end dates and filing dates
Income Statement (USD) Term End Date Filing Date | 2025 Dec 31, 2025 Mar 24, 2026 | 2024 Dec 31, 2024 Mar 18, 2025 | 2023 Dec 31, 2023 Mar 21, 2024 | 2022 Dec 31, 2022 Mar 30, 2023 | 2021 Dec 31, 2021 Mar 22, 2022 | 2020 Dec 31, 2020 Dec 31, 2020 | 2019 Dec 31, 2019 Dec 31, 2019 |
|---|
Total Revenue | 2.80M 38.2% | 4.53M 20.7% | 5.72M 0.5% | 5.75M 20.2% | 4.78M 0.0% | 4.78M 132.0% | 2.06M |
Cost of Revenue | 11.74M 12.3% | 13.39M 71.9% | 47.57M 264.9% | 13.04M 95.9% | 6.65M 41.9% | 11.45M 165.6% | 4.31M |
Gross Profit | -8.94M 1.0% | -8.86M 78.8% | -41.85M 474.1% | -7.29M 289.4% | -1.87M 71.9% | -6.67M 196.2% | -2.25M |
Gross Margin % | -319.00% 63.6% | -195.00% 73.4% | -732.00% 476.4% | -127.00% 225.6% | -39.00% 71.9% | -139.00% 27.5% | -109.00% |
Research & Development | 81.42M 27.5% | 63.86M 32.9% | 48.07M 18.4% | 58.91M 32.1% | 44.59M 289.5% | 11.45M 165.6% | 4.31M |
General & Administrative | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
SG&A Expenses | 35.06M 3.1% | 36.17M 4.4% | 37.83M 6.7% | 40.55M 40.9% | 28.78M 423.1% | 5.50M 56.2% | 3.52M |
Other Operating Expenses | -700.00K 105.2% | 13.39M 62.1% | 35.33M 171.0% | 13.04M 95.9% | 6.65M 488.3% | 1.13M 130.3% | 491.00K |
Total Operating Expenses | 115.78M 2.1% | 113.42M 6.4% | 121.23M 7.8% | 112.50M 40.6% | 80.02M 342.6% | 18.08M 117.2% | 8.32M |
Cost and Expenses | 127.52M 12.4% | 113.42M 6.4% | 121.23M 7.8% | 112.50M 40.6% | 80.02M 342.6% | 18.08M 117.2% | 8.32M |
Operating Income | -124.72M 14.5% | -108.89M 5.7% | -115.52M 8.2% | -106.75M 41.9% | -75.24M 465.7% | -13.30M 112.3% | -6.26M |
Operating Margin % | -4454.00% 85.4% | -2402.00% 18.9% | -2020.00% 8.8% | -1857.00% 18.1% | -1573.00% 465.8% | -278.00% 8.6% | -304.00% |
EBITDA | -103.16M 15.8% | -89.08M 6.7% | -95.46M 4.5% | -91.36M 8.4% | -99.77M 692.6% | -12.59M 116.1% | -5.83M |
EBITDA Margin % | -3684.00% 87.5% | -1965.00% 17.7% | -1669.00% 5.0% | -1590.00% 23.8% | -2086.00% 693.2% | -263.00% 7.1% | -283.00% |
Interest Expense | 209.00K 63.0% | 565.00K 44.1% | 1.01M 3.9% | 972.00K 71.7% | 3.43M 441.3% | 634.00K 136.6% | 268.00K |
Interest Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Other Income (Expense) | 9.60M 64.1% | 5.85M 15.9% | 5.05M 264.5% | 1.39M 104.0% | -34.62M 3191.0% | -1.05M 229.8% | -319.00K |
Pre-Tax Income | -115.11M 11.7% | -103.04M 6.7% | -110.47M 4.8% | -105.36M 4.1% | -109.86M 665.4% | -14.35M 118.0% | -6.58M |
Pre-Tax Margin % | -4111.00% 80.9% | -2273.00% 17.7% | -1932.00% 5.4% | -1833.00% 20.2% | -2297.00% 665.7% | -300.00% 6.3% | -320.00% |
Tax Provision | 69.00K 1.4% | 70.00K 30.0% | 100.00K 121.7% | -461.00K 94.8% | -8.90M 4219.9% | 216.00K 0.5% | 217.00K |
Net Income | -115.18M 11.7% | -103.11M 6.7% | -110.57M 5.4% | -104.90M 3.9% | -100.96M 593.0% | -14.57M 114.2% | -6.80M |
Net Margin % | -4114.00% 80.9% | -2274.00% 17.6% | -1934.00% 6.0% | -1825.00% 13.5% | -2111.00% 592.1% | -305.00% 7.6% | -330.00% |
Basic EPS | -0.84 10.6% | -0.94 21.7% | -1.20 4.3% | -1.15 5.5% | -1.09 581.3% | -0.16 117.1% | -0.07 |
Diluted EPS | -0.84 10.6% | -0.94 21.7% | -1.20 4.3% | -1.15 5.5% | -1.09 581.3% | -0.16 128.6% | -0.07 |
Basic Shares Outstanding | 136.78M 24.1% | 110.24M 19.8% | 92.03M 1.3% | 90.85M 1.9% | 92.65M 0.4% | 92.25M 0.0% | 92.25M |
Diluted Shares Outstanding | 136.78M 24.1% | 110.24M 19.8% | 92.03M 1.3% | 90.85M 1.9% | 92.65M 0.4% | 92.25M 0.0% | 92.25M |