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 12, 2026 | 2024 Dec 31, 2024 Mar 24, 2025 | 2023 Dec 31, 2023 Mar 21, 2024 | 2022 Dec 31, 2022 Mar 29, 2023 | 2021 Dec 31, 2021 Mar 30, 2022 | 2020 Dec 31, 2020 Mar 31, 2021 | 2019 Dec 31, 2019 Dec 31, 2019 | 2018 Dec 31, 2018 Dec 31, 2018 |
|---|
Total Revenue | 7.70M 0.1% | 7.69M 2.4% | 7.88M 37.5% | 5.73M 354.7% | 1.26M 445.5% | 231.00K 7.4% | 215.00K | 0.00 |
Cost of Revenue | 1.49M | 0.00 100.0% | 1.88M 61.5% | 4.89M 33.2% | 3.67M 90.9% | 40.36M 55.2% | 26.00M 8509.9% | 302.00K |
Gross Profit | 6.20M 12.6% | 5.51M 8.1% | 5.99M 615.0% | 838.00K 134.7% | -2.41M 94.0% | -40.13M 55.6% | -25.79M 8438.7% | -302.00K |
Gross Margin % | 81.00% 12.5% | 72.00% 5.3% | 76.00% 406.7% | 15.00% 107.9% | -191.00% 98.9% | -17371.00% 44.8% | -11994.00% | - |
Research & Development | 28.53M 50.4% | 57.47M 6.6% | 61.54M 15.8% | 73.12M 3.3% | 75.66M 87.5% | 40.36M 55.2% | 26.00M 176.0% | 9.42M |
General & Administrative | 13.79M 25.3% | 18.46M 18.1% | 22.53M 1.7% | 22.93M 24.7% | 18.39M 103.1% | 9.06M 74.8% | 5.18M 134.6% | 2.21M |
Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
SG&A Expenses | 13.79M 25.3% | 18.46M 18.1% | 22.53M 1.7% | 22.93M 24.7% | 18.39M 103.1% | 9.06M 74.8% | 5.18M 134.6% | 2.21M |
Other Operating Expenses | -1.49M 131.0% | 4.81M | 0.00 | 0.00 100.0% | -6.08M 48.2% | -11.74M 27864.3% | -42.00K 72.5% | -153.00K |
Total Operating Expenses | 40.84M 49.4% | 80.74M 4.0% | 84.07M 12.5% | 96.05M 2.1% | 94.05M 90.3% | 49.41M 58.5% | 31.18M 168.2% | 11.63M |
Cost and Expenses | 42.33M 47.6% | 80.74M 4.0% | 84.07M 12.5% | 96.05M 2.1% | 94.05M 90.3% | 49.41M 58.5% | 31.18M 168.2% | 11.63M |
Operating Income | -34.63M 52.6% | -73.05M 4.1% | -76.20M 15.6% | -90.32M 2.7% | -92.79M 88.7% | -49.18M 58.8% | -30.97M 166.3% | -11.63M |
Operating Margin % | -450.00% 52.6% | -950.00% 1.8% | -967.00% 38.7% | -1577.00% 78.6% | -7364.00% 65.4% | -21291.00% 47.8% | -14404.00% | - |
EBITDA | -31.89M 52.0% | -66.45M 10.6% | -74.34M 16.1% | -88.66M 3.2% | -91.59M 88.6% | -48.57M 58.6% | -30.63M 170.5% | -11.33M |
EBITDA Margin % | -414.00% 52.1% | -864.00% 8.5% | -944.00% 39.0% | -1547.00% 78.7% | -7269.00% 65.4% | -21026.00% 47.6% | -14248.00% | - |
Interest Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Interest Income | 2.50M 52.5% | 5.25M 24.9% | 7.00M 214.8% | 2.22M 691.1% | 281.00K 41.2% | 199.00K 62.0% | 524.00K 171.5% | 193.00K |
Other Income (Expense) | 1.26M 87.3% | 9.93M 41.9% | 7.00M 214.8% | 2.22M 138.3% | -5.80M 49.7% | -11.55M 2495.4% | 482.00K 1105.0% | 40.00K |
Pre-Tax Income | -33.38M 47.1% | -63.12M 8.8% | -69.20M 21.5% | -88.10M 10.6% | -98.59M 62.3% | -60.73M 99.2% | -30.49M 163.1% | -11.59M |
Pre-Tax Margin % | -434.00% 47.1% | -821.00% 6.6% | -879.00% 42.8% | -1538.00% 80.3% | -7825.00% 70.2% | -26289.00% 85.4% | -14180.00% | - |
Tax Provision | 0.00 | 0.00 | 0.00 100.0% | -2.22M 138.3% | 5.80M 49.7% | 11.55M 2495.4% | -482.00K 1305.0% | 40.00K |
Net Income | -33.38M 47.1% | -63.12M 8.8% | -69.20M 19.4% | -85.88M 17.7% | -104.39M 44.4% | -72.27M 140.9% | -30.00M 158.9% | -11.59M |
Net Margin % | -434.00% 47.1% | -821.00% 6.6% | -879.00% 41.4% | -1499.00% 81.9% | -8285.00% 73.5% | -31287.00% 124.2% | -13956.00% | - |
Basic EPS | -17.85 981.8% | -1.65 9.8% | -1.83 20.4% | -2.30 17.6% | -2.79 40.2% | -1.99 46.9% | -3.75 37.1% | -5.96 |
Diluted EPS | -17.85 981.8% | -1.65 9.8% | -1.83 20.4% | -2.30 17.6% | -2.79 40.2% | -1.99 46.9% | -3.75 37.1% | -5.96 |
Basic Shares Outstanding | 1.87M 95.1% | 38.18M 1.0% | 37.81M 1.2% | 37.36M 0.1% | 37.40M 3.2% | 36.25M 352.5% | 8.01M 312.1% | 1.94M |
Diluted Shares Outstanding | 1.87M 95.1% | 38.18M 1.0% | 37.81M 1.2% | 37.36M 0.1% | 37.40M 3.2% | 36.25M 352.5% | 8.01M 312.1% | 1.94M |