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 5, 2026 | 2024 Dec 31, 2024 Mar 10, 2025 | 2023 Dec 31, 2023 Mar 12, 2024 | 2022 Dec 31, 2022 Mar 9, 2023 | 2021 Dec 31, 2021 Mar 10, 2022 | 2020 Dec 31, 2020 Mar 23, 2021 | 2019 Dec 31, 2019 Dec 31, 2019 | 2018 Dec 31, 2018 Dec 31, 2018 |
|---|
Total Revenue | 2.19M 44.6% | 3.94M 74.6% | 15.53M 11.7% | 13.91M 219.0% | 4.36M | 0.00 | 0.00 | 0.00 |
Cost of Revenue | 930.00K | 0.00 100.0% | 3.07M 16.5% | 3.67M 96.5% | 104.15M 3032.4% | 3.33M 44.6% | 2.30M 78.1% | 1.29M |
Gross Profit | 1.26M 5.1% | 1.32M 89.4% | 12.46M 21.8% | 10.23M 110.3% | -99.79M 2901.3% | -3.33M 44.6% | -2.30M 78.1% | -1.29M |
Gross Margin % | 57.00% 67.6% | 34.00% 57.5% | 80.00% 8.1% | 74.00% 103.2% | -2289.00% | - | - | - |
Research & Development | 69.45M 1.2% | 70.27M 3.8% | 73.04M 14.1% | 85.08M 18.3% | 104.15M 30.4% | 79.89M 81.4% | 44.04M 321.2% | 10.46M |
General & Administrative | 20.72M 9.3% | 22.83M 25.4% | 30.62M 15.9% | 26.41M 7.4% | 28.53M 59.0% | 17.94M 79.4% | 10.01M 212.2% | 3.21M |
Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
SG&A Expenses | 20.72M 9.3% | 22.83M 25.4% | 30.62M 15.9% | 26.41M 7.4% | 28.53M 59.0% | 17.94M 79.4% | 10.01M 212.2% | 3.21M |
Other Operating Expenses | -930.00K | 0.00 | 0.00 | 0.00 | 0.00 100.0% | -10.55M 3592.7% | 302.00K 169.4% | -435.00K |
Total Operating Expenses | 89.24M 4.1% | 93.10M 10.2% | 103.66M 7.0% | 111.49M 16.0% | 132.68M 35.6% | 97.83M 81.0% | 54.04M 295.6% | 13.66M |
Cost and Expenses | 90.17M 3.1% | 93.10M 9.6% | 102.96M 7.7% | 111.49M 16.0% | 132.68M 35.6% | 97.83M 81.0% | 54.04M 295.6% | 13.66M |
Operating Income | -87.98M 1.3% | -89.15M 1.2% | -88.13M 9.7% | -97.58M 24.0% | -128.32M 31.2% | -97.83M 81.0% | -54.04M 295.6% | -13.66M |
Operating Margin % | -4025.00% 78.1% | -2260.00% 298.6% | -567.00% 19.2% | -702.00% 76.2% | -2944.00% | - | - | - |
EBITDA | -22.95M 74.3% | -89.15M 4.8% | -85.06M 9.4% | -93.91M 24.6% | -124.54M 18.5% | -105.06M 110.6% | -49.88M 303.2% | -12.37M |
EBITDA Margin % | -1050.00% 53.5% | -2260.00% 312.4% | -548.00% 18.8% | -675.00% 76.4% | -2857.00% | - | - | - |
Interest Expense | 0.00 | 0.00 | 0.00 100.0% | 1.64M 1142.4% | 132.00K 98.7% | 10.55M | 0.00 | 0.00 |
Interest Income | 2.16M | 0.00 100.0% | 1.24M 24.2% | 1.64M 1142.4% | 132.00K 89.5% | 1.26M 19.6% | 1.56M 858.3% | 163.00K |
Other Income (Expense) | 64.11M 253.6% | -41.73M 3456.9% | 1.24M 24.2% | 1.64M 1142.4% | 132.00K 101.3% | -10.55M 665.9% | 1.86M 785.3% | -272.00K |
Pre-Tax Income | -23.88M 81.8% | -130.88M 50.6% | -86.88M 9.4% | -95.94M 25.2% | -128.19M 18.3% | -108.38M 107.7% | -52.18M 274.5% | -13.93M |
Pre-Tax Margin % | -1092.00% 67.1% | -3318.00% 493.6% | -559.00% 19.0% | -690.00% 76.5% | -2941.00% | - | - | - |
Tax Provision | 314.00K 5.1% | 331.00K 58.4% | 795.00K 650.0% | 106.00K 25.9% | 143.00K 11.2% | 161.00K 89.4% | 85.00K | 0.00 |
Net Income | -24.19M 81.6% | -131.21M 49.6% | -87.68M 8.7% | -96.05M 25.2% | -128.33M 18.2% | -108.54M 107.7% | -52.26M 275.1% | -13.93M |
Net Margin % | -1107.00% 66.7% | -3326.00% 488.7% | -565.00% 18.2% | -691.00% 76.5% | -2944.00% | - | - | - |
Basic EPS | -2.45 88.3% | -20.94 494.9% | -3.52 56.4% | -2.25 30.1% | -3.22 1.3% | -3.18 33.6% | -2.38 260.6% | -0.66 |
Diluted EPS | -2.45 88.3% | -20.94 494.9% | -3.52 56.4% | -2.25 30.1% | -3.22 1.3% | -3.18 33.6% | -2.38 260.6% | -0.66 |
Basic Shares Outstanding | 9.88M 57.8% | 6.26M 74.8% | 24.87M 41.7% | 42.70M 7.1% | 39.86M 16.6% | 34.18M 55.8% | 21.93M 3.6% | 21.17M |
Diluted Shares Outstanding | 9.88M 57.8% | 6.26M 74.8% | 24.87M 41.7% | 42.70M 7.1% | 39.86M 16.6% | 34.18M 55.8% | 21.93M 3.6% | 21.17M |