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 Feb 19, 2026 | 2024 Dec 31, 2024 Feb 20, 2025 | 2023 Dec 31, 2023 Feb 22, 2024 | 2022 Dec 31, 2022 Mar 2, 2023 | 2021 Dec 31, 2021 Feb 28, 2022 | 2020 Dec 31, 2020 Mar 8, 2021 | 2019 Dec 31, 2019 Mar 6, 2020 | 2018 Dec 31, 2018 Mar 6, 2019 |
|---|
Total Revenue | 407.32M 22.1% | 333.62M 168.1% | 124.46M 138.6% | 52.16M 416.6% | 10.10M 33.4% | 7.57M 43.4% | 5.28M 102.6% | 2.61M 93.8% |
Cost of Revenue | 42.60M 15.7% | 50.56M 184.1% | 17.80M 332.2% | 4.12M 311.7% | 1.00M 589.7% | 145.00K 75.8% | 600.00K 28.8% | 466.00K 94.5% |
Gross Profit | 364.72M 28.9% | 283.06M 165.4% | 106.66M 122.0% | 48.04M 428.1% | 9.10M 22.5% | 7.43M 58.6% | 4.68M 118.6% | 2.14M 93.6% |
Gross Margin % | 90.00% 5.9% | 85.00% 1.2% | 86.00% 6.5% | 92.00% 2.2% | 90.00% 8.2% | 98.00% 10.1% | 89.00% 8.5% | 82.00% 2.5% |
Research & Development | 68.47M 30.9% | 52.32M 47.2% | 35.54M 1.0% | 35.20M 61.4% | 91.14M 40.1% | 65.05M 9.2% | 71.68M 3.3% | 69.37M 8.1% |
General & Administrative | 0.00 | 0.00 | 0.00 100.0% | 76.60M 5.9% | 72.30M 118.1% | 33.15M 36.6% | 24.27M 2.3% | 23.71M 2.1% |
Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
SG&A Expenses | 337.23M 30.4% | 258.69M 92.5% | 134.40M 75.5% | 76.60M 5.9% | 72.30M 118.1% | 33.15M 36.6% | 24.27M 2.3% | 23.71M 2.1% |
Other Operating Expenses | 0.00 | 0.00 | 0.00 | 0.00 100.0% | 687.00K | 0.00 | 0.00 | 0.00 |
Total Operating Expenses | 405.70M 30.4% | 311.01M 83.0% | 169.94M 52.0% | 111.80M 31.6% | 163.44M 66.4% | 98.21M 2.4% | 95.94M 3.1% | 93.09M 5.7% |
Cost and Expenses | 448.30M 26.4% | 354.71M 88.9% | 187.73M 62.0% | 115.92M 29.5% | 164.44M 67.2% | 98.35M 1.9% | 96.54M 3.2% | 93.55M 12.7% |
Operating Income | -40.98M 46.6% | -27.95M 55.8% | -63.28M 0.8% | -63.76M 58.7% | -154.35M 70.0% | -90.78M 0.5% | -91.26M 0.3% | -90.95M 39.7% |
Operating Margin % | -10.00% 25.0% | -8.00% 84.3% | -51.00% 58.2% | -122.00% 92.0% | -1529.00% 27.5% | -1199.00% 30.6% | -1728.00% 50.5% | -3489.00% 2151.0% |
EBITDA | -29.17M 74.6% | -16.71M 69.8% | -55.35M 9.2% | -60.98M 59.6% | -150.85M 77.0% | -85.24M 0.8% | -84.57M 0.6% | -85.08M 40.6% |
EBITDA Margin % | -7.00% 40.0% | -5.00% 88.6% | -44.00% 62.4% | -117.00% 92.2% | -1494.00% 32.7% | -1126.00% 29.7% | -1601.00% 50.9% | -3264.00% 2166.7% |
Interest Expense | 28.40M 41.3% | 20.09M 126.4% | 8.87M 74.9% | 5.07M 12.7% | 4.50M 11.7% | 5.10M 11.0% | 5.73M 62.0% | 3.53M |
Interest Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Other Income (Expense) | -19.65M 80.0% | -10.92M 386.6% | -2.24M 34.8% | -3.44M 9.8% | -3.81M 8.0% | -3.53M 4.7% | -3.37M 872.3% | -347.00K 117.7% |
Pre-Tax Income | -60.63M 56.0% | -38.87M 40.7% | -65.52M 2.5% | -67.20M 57.5% | -158.16M 67.7% | -94.31M 0.3% | -94.64M 3.7% | -91.29M 44.5% |
Pre-Tax Margin % | -15.00% 25.0% | -12.00% 77.4% | -53.00% 58.9% | -129.00% 91.8% | -1566.00% 25.7% | -1246.00% 30.5% | -1792.00% 48.8% | -3502.00% 2234.7% |
Tax Provision | 969.00K 264.3% | 266.00K 51.4% | 547.00K 6737.5% | 8.00K 100.0% | 4.00K 100.0% | 2.00K 99.3% | 303.00K 7475.0% | 4.00K 99.7% |
Net Income | -61.60M 57.4% | -39.14M 40.8% | -66.07M 1.7% | -67.21M 57.5% | -158.16M 67.7% | -94.31M 0.7% | -94.94M 4.0% | -91.30M 41.9% |
Net Margin % | -15.00% 25.0% | -12.00% 77.4% | -53.00% 58.9% | -129.00% 91.8% | -1566.00% 25.7% | -1246.00% 30.7% | -1798.00% 48.7% | -3502.00% 2188.9% |
Basic EPS | -0.26 52.9% | -0.17 43.3% | -0.30 28.6% | -0.42 72.4% | -1.52 44.8% | -1.05 28.6% | -1.47 9.3% | -1.62 19.1% |
Diluted EPS | -0.26 52.9% | -0.17 43.3% | -0.30 28.6% | -0.42 72.4% | -1.52 44.8% | -1.05 28.6% | -1.47 9.3% | -1.62 19.1% |
Basic Shares Outstanding | 241.03M 2.5% | 235.23M 7.3% | 219.33M 38.2% | 158.69M 52.3% | 104.21M 16.3% | 89.58M 38.9% | 64.48M 14.7% | 56.22M 18.5% |
Diluted Shares Outstanding | 241.03M 2.5% | 235.23M 7.3% | 219.33M 38.2% | 158.69M 52.3% | 104.21M 16.3% | 89.58M 38.9% | 64.48M 14.7% | 56.22M 18.5% |