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 23, 2026 | 2024 Dec 31, 2024 Feb 18, 2025 | 2023 Dec 31, 2023 Feb 23, 2024 | 2022 Dec 31, 2022 Feb 28, 2023 | 2021 Dec 31, 2021 Mar 1, 2022 | 2020 Dec 31, 2020 Mar 1, 2021 | 2019 Dec 31, 2019 Mar 12, 2020 | 2018 Dec 31, 2018 Mar 15, 2019 |
|---|
Total Revenue | 638.50M 65.5% | 385.69M 42.5% | 270.60M 440.8% | 50.04M | 0.00 | 0.00 | 0.00 | 0.00 |
Cost of Revenue | 47.48M 42.6% | 33.30M 27.8% | 26.07M 401.5% | 5.20M 349.8% | 1.16M 1387.0% | 77.72K 108.2% | 37.33K 23.7% | 48.94K 15.0% |
Gross Profit | 591.02M 67.7% | 352.39M 44.1% | 244.53M 445.4% | 44.84M 3980.0% | -1.16M 1387.0% | -77.72K 108.2% | -37.33K 23.7% | -48.94K 15.0% |
Gross Margin % | 93.00% 2.2% | 91.00% 1.1% | 90.00% 0.0% | 90.00% | - | - | - | - |
Research & Development | 183.28M 2.0% | 187.08M 91.0% | 97.94M 69.0% | 57.95M 0.2% | 58.06M 17.3% | 70.24M 30.9% | 53.65M 128.3% | 23.50M 17.7% |
General & Administrative | 0.00 | 0.00 100.0% | 222.82M 79.8% | 123.95M 86.0% | 66.65M 130.6% | 28.90M 112.5% | 13.60M 45.4% | 9.35M 29.8% |
Selling & Marketing | 0.00 | 0.00 100.0% | 100.30M 184.1% | 35.30M | 0.00 | 0.00 | 0.00 | 0.00 |
SG&A Expenses | 570.60M 38.7% | 411.36M 27.3% | 323.12M 102.9% | 159.25M 139.0% | 66.65M 130.6% | 28.90M 112.5% | 13.60M 45.4% | 9.35M 29.8% |
Other Operating Expenses | 6.38M 81.5% | 34.52M 37.6% | 55.29M 1235.8% | 4.14M | 0.00 100.0% | -53.58K 61.6% | -139.45K | 0.00 |
Total Operating Expenses | 760.25M 20.1% | 632.95M 32.9% | 476.36M 115.2% | 221.34M 77.5% | 124.71M 25.9% | 99.09M 47.7% | 67.11M 105.7% | 32.63M 21.0% |
Cost and Expenses | 807.73M 21.2% | 666.25M 32.6% | 502.43M 121.8% | 226.54M 81.7% | 124.71M 25.9% | 99.09M 47.7% | 67.11M 105.7% | 32.63M 21.0% |
Operating Income | -169.24M 39.7% | -280.56M 21.0% | -231.82M 31.3% | -176.50M 41.5% | -124.71M 25.8% | -99.14M 47.4% | -67.25M 104.7% | -32.85M 20.9% |
Operating Margin % | -27.00% 63.0% | -73.00% 15.1% | -86.00% 75.6% | -353.00% | - | - | - | - |
EBITDA | -168.08M 38.3% | -272.60M 21.2% | -224.99M 29.1% | -174.23M 41.0% | -123.55M 24.7% | -99.06M 47.4% | -67.21M 106.3% | -32.58M 17.3% |
EBITDA Margin % | -26.00% 63.4% | -71.00% 14.5% | -83.00% 76.1% | -348.00% | - | - | - | - |
Interest Expense | 6.56M 0.2% | 6.57M 1.8% | 6.45M 12.0% | 7.33M 28.8% | 5.70M 122.0% | 2.57M 107.0% | 1.24M 10.0% | 1.13M 15.9% |
Interest Income | 9.37M | 0.00 | 0.00 | 0.00 100.0% | 5.70M 122.0% | 2.57M 107.0% | 1.24M | 0.00 |
Other Income (Expense) | -14.47M 120.3% | -6.57M 1.8% | -6.45M 12.0% | -7.33M 28.8% | -5.70M 49.4% | -3.81M 207.6% | -1.24M 174.5% | 1.66M 193.5% |
Pre-Tax Income | -183.70M 36.0% | -287.13M 20.5% | -238.28M 27.3% | -187.13M 43.5% | -130.40M 26.7% | -102.90M 50.6% | -68.35M 120.7% | -30.97M 7.0% |
Pre-Tax Margin % | -29.00% 60.8% | -74.00% 15.9% | -88.00% 76.5% | -374.00% | - | - | - | - |
Tax Provision | -530.00K 723.5% | 85.00K 91.1% | 960.00K 91.0% | 10.63M | 0.00 100.0% | 2.49M 85.5% | 1.34M | 0.00 |
Net Income | -183.17M 36.2% | -287.22M 20.1% | -239.24M 21.0% | -197.77M 46.6% | -134.94M 28.0% | -105.39M 51.2% | -69.69M 125.0% | -30.97M 7.0% |
Net Margin % | -29.00% 60.8% | -74.00% 15.9% | -88.00% 77.7% | -395.00% | - | - | - | - |
Basic EPS | -3.68 38.6% | -5.99 13.7% | -5.27 8.4% | -4.86 35.4% | -3.59 26.9% | -2.83 38.0% | -2.05 78.3% | -1.15 9.4% |
Diluted EPS | -3.68 38.6% | -5.99 13.7% | -5.27 8.4% | -4.86 35.4% | -3.59 26.9% | -2.83 38.0% | -2.05 78.3% | -1.15 9.4% |
Basic Shares Outstanding | 49.75M 3.8% | 47.91M 5.5% | 45.43M 11.7% | 40.66M 8.1% | 37.62M 1.1% | 37.21M 9.4% | 34.02M 26.5% | 26.88M 18.1% |
Diluted Shares Outstanding | 49.75M 3.8% | 47.91M 5.5% | 45.43M 11.7% | 40.66M 8.1% | 37.62M 1.1% | 37.21M 9.4% | 34.02M 26.5% | 26.88M 18.1% |