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 17, 2026 | 2024 Dec 31, 2024 Mar 14, 2025 | 2023 Dec 31, 2023 Mar 15, 2024 | 2022 Dec 31, 2022 Mar 16, 2023 | 2021 Dec 31, 2021 Mar 15, 2022 | 2020 Dec 31, 2020 Mar 23, 2021 | 2019 Dec 31, 2019 Mar 12, 2020 | 2018 Dec 31, 2018 Mar 11, 2019 |
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Total Revenue | 88.33M 11.1% | 99.36M 31.1% | 75.80M 46.3% | 141.12M 2.7% | 137.39M 44.1% | 95.36M 14.5% | 83.26M 18.7% | 102.40M 3.8% |
Cost of Revenue | 77.08M 2.1% | 75.53M 20.9% | 62.48M 29.8% | 89.00M 1.1% | 89.98M 38.2% | 65.09M 11.4% | 58.43M 10.6% | 65.35M 1.8% |
Gross Profit | 11.24M 52.8% | 23.84M 79.0% | 13.32M 74.4% | 52.12M 9.9% | 47.41M 56.6% | 30.27M 22.0% | 24.82M 33.0% | 37.05M 7.5% |
Gross Margin % | 13.00% 45.8% | 24.00% 33.3% | 18.00% 51.4% | 37.00% 5.7% | 35.00% 9.4% | 32.00% 6.7% | 30.00% 16.7% | 36.00% 2.9% |
Research & Development | 9.05M 37.8% | 14.54M 20.4% | 12.08M 13.2% | 13.91M 34.7% | 10.33M 44.8% | 7.13M 22.3% | 5.83M 1.1% | 5.90M 22.2% |
General & Administrative | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
SG&A Expenses | 24.17M 0.3% | 24.10M 5.7% | 22.81M 11.1% | 25.65M 6.1% | 24.19M 26.0% | 19.20M 0.5% | 19.30M 1.6% | 19.00M 11.7% |
Other Operating Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Total Operating Expenses | 33.22M 14.0% | 38.64M 10.8% | 34.89M 11.8% | 39.57M 14.6% | 34.52M 31.1% | 26.34M 4.8% | 25.14M 1.0% | 24.90M 14.0% |
Cost and Expenses | 110.30M 3.4% | 114.16M 17.3% | 97.36M 24.3% | 128.56M 3.3% | 124.50M 36.2% | 91.42M 9.4% | 83.57M 7.4% | 90.25M 4.9% |
Operating Income | -21.98M 48.5% | -14.80M 31.4% | -21.57M 271.8% | 12.55M 2.7% | 12.90M 227.3% | 3.94M 1354.8% | -314.00K 102.6% | 12.15M 3.9% |
Operating Margin % | -25.00% 66.7% | -15.00% 46.4% | -28.00% 411.1% | 9.00% 0.0% | 9.00% 125.0% | 4.00% | 0.00% 100.0% | 12.00% 7.7% |
EBITDA | -11.18M 3207.4% | -338.00K 96.2% | -8.78M 129.2% | 30.12M 20.0% | 25.10M 115.9% | 11.63M 122.9% | 5.22M 69.3% | 17.02M 0.3% |
EBITDA Margin % | -13.00% | 0.00% 100.0% | -12.00% 157.1% | 21.00% 16.7% | 18.00% 50.0% | 12.00% 100.0% | 6.00% 64.7% | 17.00% 0.0% |
Interest Expense | 1.26M 6.2% | 1.34M 12.2% | 1.53M 42.6% | 1.07M 402.8% | 213.00K 19.0% | 179.00K | 0.00 | 0.00 |
Interest Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 100.0% | 217.00K 58.9% | 528.00K 14.5% |
Other Income (Expense) | 432.00K 89.6% | 4.15M 63.5% | 2.54M 69.7% | 8.37M 78.0% | 4.71M 50.2% | 3.13M 539.9% | -712.00K 256.0% | -200.00K 88.8% |
Pre-Tax Income | -21.54M 102.2% | -10.66M 44.0% | -19.03M 190.9% | 20.93M 18.9% | 17.60M 148.9% | 7.07M 789.3% | -1.03M 108.6% | 11.95M 10.1% |
Pre-Tax Margin % | -24.00% 118.2% | -11.00% 56.0% | -25.00% 266.7% | 15.00% 15.4% | 13.00% 85.7% | 7.00% 800.0% | -1.00% 108.3% | 12.00% 9.1% |
Tax Provision | 1.66M 46.2% | 1.13M 608.8% | 160.00K 92.7% | 2.19M 99.9% | 1.09M 46.2% | 2.03M 261.4% | 562.00K 40.1% | 938.00K 18.4% |
Net Income | -21.26M 82.9% | -11.62M 35.0% | -17.88M 213.1% | 15.81M 8.5% | 14.57M 350.1% | 3.24M 303.9% | -1.59M 116.4% | 9.65M 4.9% |
Net Margin % | -24.00% 100.0% | -12.00% 50.0% | -24.00% 318.2% | 11.00% 0.0% | 11.00% 266.7% | 3.00% 250.0% | -2.00% 122.2% | 9.00% 10.0% |
Basic EPS | -0.49 81.5% | -0.27 35.7% | -0.42 213.5% | 0.37 5.7% | 0.35 337.5% | 0.08 299.0% | -0.04 116.1% | 0.25 7.4% |
Diluted EPS | -0.49 81.5% | -0.27 35.7% | -0.42 213.5% | 0.37 8.8% | 0.34 385.7% | 0.07 275.0% | -0.04 116.7% | 0.24 7.7% |
Basic Shares Outstanding | 43.93M 1.8% | 43.15M 1.2% | 42.64M 1.3% | 42.10M 1.8% | 41.37M 3.0% | 40.15M 1.7% | 39.49M 1.1% | 39.05M 4.3% |
Diluted Shares Outstanding | 43.93M 1.8% | 43.15M 1.2% | 42.64M 0.2% | 42.72M 0.0% | 42.72M 4.1% | 41.02M 3.9% | 39.49M 1.9% | 40.27M 3.3% |