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 20, 2026 | 2024 Dec 31, 2024 Mar 21, 2025 | 2023 Dec 31, 2023 Mar 15, 2024 | 2022 Dec 31, 2022 Mar 24, 2023 | 2021 Dec 31, 2021 Mar 1, 2022 | 2020 Dec 31, 2020 Jun 2, 2021 | 2019 Dec 31, 2019 Mar 30, 2020 | 2018 Dec 31, 2018 Dec 31, 2018 |
|---|
Total Revenue | 18.08M 99.4% | 9.06M 110.2% | 4.31M 2.9% | 4.19M 54.8% | 9.27M 91.3% | 4.84M 249.9% | 1.38M 925.2% | 135.00K |
Cost of Revenue | 18.74M 45.8% | 12.86M 26.1% | 10.20M 20.7% | 8.45M 44.8% | 5.83M 112.8% | 2.74M 236.3% | 815.00K 1329.8% | 57.00K |
Gross Profit | -660.00K 82.6% | -3.79M 35.6% | -5.89M 38.3% | -4.25M 224.0% | 3.43M 63.3% | 2.10M 269.4% | 569.00K 629.5% | 78.00K |
Gross Margin % | -4.00% 90.5% | -42.00% 69.3% | -137.00% 34.3% | -102.00% 375.7% | 37.00% 14.0% | 43.00% 4.9% | 41.00% 29.3% | 58.00% |
Research & Development | 85.42M 16.8% | 102.67M 0.2% | 102.50M 6.5% | 109.59M 46.6% | 74.77M 264.8% | 20.50M 33.0% | 15.41M 83.4% | 8.40M |
General & Administrative | 34.83M 4.7% | 33.26M 4.7% | 31.76M 2.2% | 31.07M 9.4% | 28.41M 401.5% | 5.66M 32.0% | 4.29M 63.1% | 2.63M |
Selling & Marketing | 6.68M 6.6% | 7.16M 6.3% | 7.64M 8.4% | 7.04M 58.5% | 4.44M 164.1% | 1.68M 74.1% | 966.00K 114.7% | 450.00K |
SG&A Expenses | 41.51M 2.7% | 40.41M 2.6% | 39.40M 3.4% | 38.11M 16.0% | 32.85M 347.2% | 7.35M 39.8% | 5.26M 70.6% | 3.08M |
Other Operating Expenses | 0.00 100.0% | 11.50M | 0.00 100.0% | 943.00K | 0.00 100.0% | -24.00K 41.2% | -17.00K | 0.00 |
Total Operating Expenses | 126.94M 17.9% | 154.58M 8.9% | 141.90M 3.9% | 147.70M 37.2% | 107.62M 286.5% | 27.84M 34.8% | 20.66M 80.0% | 11.48M |
Cost and Expenses | 145.68M 13.0% | 167.44M 10.1% | 152.10M 2.6% | 156.15M 37.6% | 113.45M 270.9% | 30.58M 42.4% | 21.48M 86.2% | 11.54M |
Operating Income | -127.60M 13.1% | -146.87M 0.6% | -147.79M 2.7% | -151.96M 45.8% | -104.19M 304.7% | -25.74M 28.1% | -20.09M 76.2% | -11.40M |
Operating Margin % | -706.00% 56.4% | -1620.00% 52.7% | -3427.00% 5.5% | -3625.00% 222.2% | -1125.00% 111.5% | -532.00% 63.4% | -1452.00% 82.8% | -8446.00% |
EBITDA | -136.63M 0.9% | -137.93M 1.5% | -140.08M 3.9% | -145.81M 44.2% | -101.14M 305.5% | -24.94M 28.2% | -19.46M 78.1% | -10.93M |
EBITDA Margin % | -756.00% 50.3% | -1522.00% 53.2% | -3249.00% 6.6% | -3478.00% 218.5% | -1092.00% 112.0% | -515.00% 63.4% | -1406.00% 82.6% | -8093.00% |
Interest Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Interest Income | 2.74M 64.5% | 7.71M 13.6% | 8.93M 140.8% | 3.71M 896.5% | 372.00K 90.8% | 195.00K 62.2% | 516.00K 120.5% | 234.00K |
Other Income (Expense) | -17.52M 235.8% | -5.22M 237.7% | -1.54M 133.2% | 4.65M 101.5% | 2.31M 1249.7% | 171.00K 65.7% | 499.00K 113.2% | 234.00K |
Pre-Tax Income | -145.12M 4.6% | -152.09M 1.8% | -149.33M 1.4% | -147.31M 44.6% | -101.88M 298.4% | -25.57M 30.5% | -19.59M 75.4% | -11.17M |
Pre-Tax Margin % | -803.00% 52.1% | -1678.00% 51.5% | -3463.00% 1.5% | -3514.00% 219.5% | -1100.00% 108.3% | -528.00% 62.7% | -1416.00% 82.9% | -8273.00% |
Tax Provision | 308.00K 80.1% | 171.00K | 0.00 100.0% | -4.65M 1150.0% | -372.00K 90.8% | -195.00K 62.2% | -516.00K | 0.00 |
Net Income | -145.43M 4.5% | -152.26M 2.0% | -149.33M 4.7% | -142.66M 40.5% | -101.51M 300.0% | -25.38M 33.0% | -19.08M 70.8% | -11.17M |
Net Margin % | -804.00% 52.1% | -1680.00% 51.5% | -3463.00% 1.8% | -3403.00% 210.5% | -1096.00% 109.2% | -524.00% 62.0% | -1378.00% 83.3% | -8273.00% |
Basic EPS | -2.55 10.5% | -2.85 13.4% | -3.29 0.3% | -3.28 29.6% | -2.53 321.7% | -0.60 33.3% | -0.45 73.1% | -0.26 |
Diluted EPS | -2.55 10.5% | -2.85 13.4% | -3.29 0.3% | -3.28 29.6% | -2.53 321.7% | -0.60 33.3% | -0.45 73.1% | -0.26 |
Basic Shares Outstanding | 57.02M 6.9% | 53.36M 17.5% | 45.41M 4.5% | 43.46M 8.2% | 40.17M 5.0% | 42.28M 0.0% | 42.28M 0.0% | 42.28M |
Diluted Shares Outstanding | 57.02M 6.9% | 53.36M 17.5% | 45.41M 4.5% | 43.46M 8.2% | 40.17M 5.0% | 42.28M 0.0% | 42.28M 0.0% | 42.28M |