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 Dec 31, 2025 | 2024 Dec 31, 2024 Mar 17, 2025 | 2023 Dec 31, 2023 Mar 28, 2024 | 2022 Dec 31, 2022 Mar 24, 2023 | 2021 Dec 31, 2021 Mar 30, 2022 | 2020 Dec 31, 2020 Dec 31, 2020 | 2019 Dec 31, 2019 Dec 31, 2019 |
|---|
Total Revenue | 4.09M 1227.6% | 308.00K 1.9% | 314.00K 34.8% | 233.00K 98.9% | 20.38M | 0.00 | 0.00 |
Cost of Revenue | 1.01M 114.0% | 473.00K | 0.00 100.0% | 168.00K 257.4% | 47.00K 95.8% | 24.00K 300.0% | 6.00K |
Gross Profit | 3.08M 97.9% | 1.55M 395.2% | 314.00K 383.1% | 65.00K 99.7% | 20.33M 84804.2% | -24.00K 300.0% | -6.00K |
Gross Margin % | 75.00% 85.1% | 505.00% 405.0% | 100.00% 257.1% | 28.00% 72.0% | 100.00% | - | - |
Research & Development | 53.06M 4.3% | 55.45M 10.8% | 62.20M 16.3% | 74.31M 55.0% | 47.96M 320.4% | 11.41M 269.9% | 3.08M |
General & Administrative | 0.00 100.0% | 47.54M 25.2% | 63.58M 9.6% | 70.35M 24.1% | 92.75M 14.9% | 80.73M 1486.1% | 5.09M |
Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
SG&A Expenses | 49.78M 4.7% | 47.54M 25.2% | 63.58M 9.6% | 70.35M 24.1% | 92.75M 14.9% | 80.73M 1486.1% | 5.09M |
Other Operating Expenses | 0.00 | 0.00 | 0.00 | 0.00 100.0% | -796.00K | 0.00 | 0.00 |
Total Operating Expenses | 102.84M 0.2% | 103.00M 18.1% | 125.78M 13.0% | 144.66M 2.8% | 140.70M 52.7% | 92.14M 1027.3% | 8.17M |
Cost and Expenses | 103.85M 0.8% | 103.00M 18.1% | 125.78M 13.0% | 144.66M 2.8% | 140.70M 52.7% | 92.14M 1027.3% | 8.17M |
Operating Income | -99.76M 2.9% | -102.69M 18.2% | -125.47M 13.3% | -144.79M 6.6% | -135.81M 30.4% | -104.16M 6717.7% | 1.57M |
Operating Margin % | -2440.00% 92.7% | -33341.00% 16.6% | -39959.00% 35.7% | -62140.00% 9230.3% | -666.00% | - | - |
EBITDA | -657.67M 352.5% | -145.33M 300.2% | -36.31M 73.1% | -135.01M 12.3% | -120.28M 30.6% | -92.12M 427.4% | -17.47M |
EBITDA Margin % | -16084.00% 65.9% | -47186.00% 308.0% | -11564.00% 80.0% | -57946.00% 9721.4% | -590.00% | - | - |
Interest Expense | 1.16M 62.8% | 3.12M 17.6% | 2.66M 187.8% | 923.00K | 0.00 | 0.00 | 0.00 |
Interest Income | 1.48M 90.0% | 778.00K 57.9% | 1.85M 237.0% | 548.00K 167.3% | 205.00K 188.7% | 71.00K 208.7% | 23.00K |
Other Income (Expense) | -560.09M 1125.2% | -45.71M 153.0% | 86.19M 797.3% | 9.61M 1306.7% | -796.00K 98.9% | -74.16M 1035.0% | -6.53M |
Pre-Tax Income | -659.85M 344.6% | -148.41M 277.8% | -39.29M 70.9% | -135.18M 1.0% | -136.60M 34.2% | -101.81M 482.7% | -17.47M |
Pre-Tax Margin % | -16137.00% 66.5% | -48183.00% 285.1% | -12511.00% 78.4% | -58018.00% 8559.4% | -670.00% | - | - |
Tax Provision | 298.00K 183.7% | -356.00K 135.0% | 1.02M 83.7% | 6.23M 256.2% | -3.99M 1407.9% | 305.00K 15150.0% | 2.00K |
Net Income | -660.05M 342.2% | -149.27M 271.1% | -40.22M 71.6% | -141.41M 6.6% | -132.61M 29.9% | -102.12M 484.3% | -17.48M |
Net Margin % | -16142.00% 66.7% | -48464.00% 278.3% | -12810.00% 78.9% | -60691.00% 9222.7% | -651.00% | - | - |
Basic EPS | -2.91 212.9% | -0.93 272.0% | -0.25 72.5% | -0.91 9.6% | -0.83 23.9% | -0.67 509.1% | -0.11 |
Diluted EPS | -2.91 212.9% | -0.93 272.0% | -0.25 72.5% | -0.91 9.6% | -0.83 23.9% | -0.67 509.1% | -0.11 |
Basic Shares Outstanding | 226.53M 41.4% | 160.16M 0.8% | 158.83M 2.0% | 155.72M 3.1% | 160.68M 5.3% | 152.57M 0.0% | 152.57M |
Diluted Shares Outstanding | 226.53M 41.4% | 160.16M 0.8% | 158.83M 2.0% | 155.72M 3.1% | 160.68M 5.3% | 152.57M 0.0% | 152.57M |