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 10, 2026 | 2024 Dec 31, 2024 Mar 24, 2025 | 2023 Dec 31, 2023 Dec 31, 2023 | 2022 Dec 31, 2022 Dec 31, 2022 | 2021 Dec 31, 2021 Dec 31, 2021 | 2020 Dec 31, 2020 Dec 31, 2020 |
|---|
Total Revenue | 0.00 100.0% | 251.00K 99.3% | 33.49M 579.2% | 4.93M 146.3% | 2.00M | 0.00 |
Cost of Revenue | 2.60M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Gross Profit | -2.60M 1134.7% | 251.00K 99.3% | 33.49M 579.2% | 4.93M 146.3% | 2.00M | 0.00 |
Gross Margin % | - 100.0% | 100.00% 0.0% | 100.00% 0.0% | 100.00% 0.0% | 100.00% | - |
Research & Development | 69.54M 38.2% | 50.33M 0.2% | 50.25M 14.2% | 43.98M 3.7% | 42.41M 206.3% | 13.85M |
General & Administrative | 20.27M 17.8% | 17.20M 23.7% | 13.91M 33.0% | 20.78M 61.5% | 12.86M 190.6% | 4.43M |
Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
SG&A Expenses | 20.27M 17.8% | 17.20M 23.7% | 13.91M 33.0% | 20.78M 61.5% | 12.86M 190.6% | 4.43M |
Other Operating Expenses | -1.80M | 0.00 | 0.00 100.0% | 200.00K | 0.00 | 0.00 |
Total Operating Expenses | 88.01M 30.3% | 67.53M 5.3% | 64.16M 0.9% | 64.76M 17.2% | 55.27M 202.5% | 18.27M |
Cost and Expenses | 90.61M 34.2% | 67.53M 5.3% | 64.16M 0.9% | 64.76M 17.2% | 55.27M 202.5% | 18.27M |
Operating Income | -90.61M 34.7% | -67.28M 119.4% | -30.67M 48.7% | -59.83M 12.3% | -53.27M 191.6% | -18.27M |
Operating Margin % | - 100.0% | -26806.00% 29037.0% | -92.00% 92.4% | -1213.00% 54.4% | -2661.00% | - |
EBITDA | -81.27M 25.3% | -64.85M 128.3% | -28.41M 51.6% | -58.67M 18.0% | -71.58M 304.0% | -17.72M |
EBITDA Margin % | - 100.0% | -25837.00% 30296.5% | -85.00% 92.9% | -1190.00% 66.7% | -3575.00% | - |
Interest Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 100.0% | 199.00K |
Interest Income | 5.96M 11.4% | 5.35M 111.0% | 2.54M 95.9% | 1.29M | 0.00 100.0% | 2.00K |
Other Income (Expense) | 6.75M 23.3% | 8.79M 188.4% | 3.05M 103.9% | 1.49M 108.1% | -18.55M 6726.1% | 280.00K |
Pre-Tax Income | -83.86M 43.4% | -58.49M 111.7% | -27.62M 52.6% | -58.34M 18.8% | -71.83M 299.2% | -17.99M |
Pre-Tax Margin % | - 100.0% | -23304.00% 28319.5% | -82.00% 93.1% | -1183.00% 67.0% | -3588.00% | - |
Tax Provision | 0.00 | 0.00 100.0% | 72.00K 35.8% | 53.00K | 0.00 | 0.00 |
Net Income | -83.86M 43.4% | -58.49M 111.2% | -27.70M 52.6% | -58.39M 18.7% | -71.83M 299.2% | -17.99M |
Net Margin % | - 100.0% | -23304.00% 27977.1% | -83.00% 93.0% | -1184.00% 67.0% | -3588.00% | - |
Basic EPS | -3.43 34.0% | -5.20 337.0% | -1.19 64.2% | -3.32 18.6% | -4.08 300.0% | -1.02 |
Diluted EPS | -3.43 34.0% | -5.20 337.0% | -1.19 64.2% | -3.32 18.6% | -4.08 300.0% | -1.02 |
Basic Shares Outstanding | 24.44M 117.1% | 11.26M 51.6% | 23.28M 32.4% | 17.58M 0.0% | 17.58M 0.0% | 17.58M |
Diluted Shares Outstanding | 24.44M 117.1% | 11.26M 51.6% | 23.28M 32.4% | 17.58M 0.0% | 17.58M 0.0% | 17.58M |