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 14, 2025 | 2023 Dec 31, 2023 Feb 16, 2024 | 2022 Dec 31, 2022 Feb 22, 2023 | 2021 Dec 31, 2021 Feb 17, 2022 | 2020 Dec 31, 2020 Feb 26, 2021 | 2019 Dec 31, 2019 Feb 24, 2020 | 2018 Dec 31, 2018 Mar 1, 2019 |
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Total Revenue | 534.53M 14.9% | 465.31M 16.5% | 399.25M 20.8% | 330.38M 20.4% | 274.33M 32.8% | 206.53M 10.5% | 230.81M 14.5% | 201.63M 15.4% |
Cost of Revenue | 136.79M 16.1% | 117.78M 19.1% | 98.88M 17.1% | 84.44M 23.3% | 68.47M 19.7% | 57.22M 5.4% | 60.47M 10.9% | 54.51M 12.3% |
Gross Profit | 397.74M 14.4% | 347.52M 15.7% | 300.37M 22.1% | 245.94M 19.5% | 205.86M 37.9% | 149.31M 12.3% | 170.34M 15.8% | 147.12M 16.6% |
Gross Margin % | 74.00% 1.3% | 75.00% 0.0% | 75.00% 1.4% | 74.00% 1.3% | 75.00% 4.2% | 72.00% 2.7% | 74.00% 1.4% | 73.00% 1.4% |
Research & Development | 90.17M 6.2% | 96.18M 30.1% | 73.92M 28.9% | 57.34M 18.2% | 48.51M 12.6% | 43.07M 4.5% | 41.23M 18.7% | 34.72M 1.7% |
General & Administrative | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 100.0% | 129.52M 10.7% |
Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
SG&A Expenses | 311.02M 6.7% | 291.36M 15.1% | 253.14M 9.5% | 231.27M 13.0% | 204.65M 36.0% | 150.47M 7.2% | 162.23M 25.2% | 129.52M 10.7% |
Other Operating Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 100.0% | -1.87M | 0.00 |
Total Operating Expenses | 401.19M 3.5% | 387.54M 18.5% | 327.05M 13.3% | 288.61M 14.0% | 253.16M 30.8% | 193.54M 4.9% | 203.46M 23.9% | 164.25M 8.7% |
Cost and Expenses | 537.98M 6.5% | 505.32M 18.6% | 425.93M 14.2% | 373.05M 16.0% | 321.62M 28.3% | 250.76M 5.0% | 263.93M 20.6% | 218.76M 9.5% |
Operating Income | -3.45M 91.4% | -40.01M 50.0% | -26.68M 37.5% | -42.67M 9.8% | -47.30M 6.9% | -44.23M 33.5% | -33.12M 93.4% | -17.13M 31.4% |
Operating Margin % | -1.00% 88.9% | -9.00% 28.6% | -7.00% 46.2% | -13.00% 23.5% | -17.00% 19.0% | -21.00% 50.0% | -14.00% 75.0% | -8.00% 42.9% |
EBITDA | 16.25M 187.7% | -18.53M 128.6% | -8.11M 72.5% | -29.50M 19.9% | -36.85M 9.7% | -33.61M 56.2% | -21.52M 185.0% | -7.55M 51.2% |
EBITDA Margin % | 3.00% 175.0% | -4.00% 100.0% | -2.00% 77.8% | -9.00% 30.8% | -13.00% 18.8% | -16.00% 77.8% | -9.00% 125.0% | -4.00% 55.6% |
Interest Expense | 5.88M 8.3% | 6.41M 7.5% | 6.92M 38.9% | 4.99M 1.4% | 4.92M 0.7% | 4.88M 18.8% | 4.11M 10.8% | 4.61M 103.5% |
Interest Income | 4.48M 1.0% | 4.43M 16.9% | 3.79M 90.2% | 1.99M 327.9% | 466.00K 57.7% | 1.10M 54.1% | 2.40M 138.4% | 1.01M 343.2% |
Other Income (Expense) | -6.72M 83.4% | -3.66M 15.7% | -3.16M 10.3% | -3.53M 26.8% | -4.82M 26.5% | -3.81M 103.3% | -1.87M 50.5% | -3.78M 99.3% |
Pre-Tax Income | -10.16M 76.7% | -43.67M 46.3% | -29.85M 35.4% | -46.20M 191.7% | 50.39M 204.9% | -48.04M 37.3% | -34.99M 67.4% | -20.91M 22.2% |
Pre-Tax Margin % | -2.00% 77.8% | -9.00% 28.6% | -7.00% 50.0% | -14.00% 177.8% | 18.00% 178.3% | -23.00% 53.3% | -15.00% 50.0% | -10.00% 33.3% |
Tax Provision | 1.28M 25.5% | 1.02M 73.3% | 591.00K 120.5% | 268.00K 42.6% | 188.00K 64.9% | 114.00K 42.7% | 199.00K 11.9% | 226.00K 1514.3% |
Net Income | -11.45M 74.4% | -44.70M 46.8% | -30.44M 34.5% | -46.47M 192.6% | 50.20M 204.2% | -48.16M 36.8% | -35.19M 66.5% | -21.14M 21.4% |
Net Margin % | -2.00% 80.0% | -10.00% 25.0% | -8.00% 42.9% | -14.00% 177.8% | 18.00% 178.3% | -23.00% 53.3% | -15.00% 50.0% | -10.00% 33.3% |
Basic EPS | -0.24 74.7% | -0.95 43.9% | -0.66 35.3% | -1.02 191.9% | 1.11 197.4% | -1.14 21.3% | -0.94 51.6% | -0.62 25.3% |
Diluted EPS | -0.24 74.7% | -0.95 43.9% | -0.66 35.3% | -1.02 193.6% | 1.09 195.6% | -1.14 21.3% | -0.94 51.6% | -0.62 25.3% |
Basic Shares Outstanding | 47.75M 1.7% | 46.97M 1.4% | 46.31M 1.2% | 45.74M 1.5% | 45.07M 7.0% | 42.13M 12.1% | 37.59M 10.3% | 34.09M 5.2% |
Diluted Shares Outstanding | 47.75M 1.7% | 46.97M 1.4% | 46.31M 1.2% | 45.74M 0.6% | 46.04M 9.3% | 42.13M 12.1% | 37.59M 10.3% | 34.09M 5.2% |