Financial statements and analysis
Showing the last 4 fiscal years: 2022 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 24, 2026 | 2024 Dec 31, 2024 Feb 25, 2025 | 2023 Dec 31, 2023 Dec 31, 2023 | 2022 Dec 31, 2022 Dec 31, 2022 |
|---|
Total Revenue | 89.06M 36.1% | 65.44M 44.7% | 45.23M 74.5% | 25.92M |
Cost of Revenue | 10.79M 24.1% | 8.69M 23.1% | 7.06M 59.4% | 4.43M |
Gross Profit | 78.27M 37.9% | 56.75M 48.7% | 38.16M 77.6% | 21.49M |
Gross Margin % | 88.00% 1.1% | 87.00% 3.6% | 84.00% 1.2% | 83.00% |
Research & Development | 19.14M 41.2% | 13.56M 50.8% | 8.99M 24.2% | 7.24M |
General & Administrative | 44.45M 31.3% | 33.84M 66.8% | 20.29M 9.9% | 18.46M |
Selling & Marketing | 73.08M 49.0% | 49.05M 26.0% | 38.92M 22.4% | 31.81M |
SG&A Expenses | 117.53M 41.8% | 82.90M 40.0% | 59.21M 17.8% | 50.27M |
Other Operating Expenses | 0.00 | 0.00 | 0.00 | 0.00 |
Total Operating Expenses | 136.68M 41.7% | 96.46M 41.4% | 68.20M 18.6% | 57.51M |
Cost and Expenses | 147.47M 40.2% | 105.15M 39.7% | 75.27M 21.5% | 61.94M |
Operating Income | -58.40M 47.1% | -39.71M 32.2% | -30.04M 16.6% | -36.02M |
Operating Margin % | -66.00% 8.2% | -61.00% 7.6% | -66.00% 52.5% | -139.00% |
EBITDA | -50.18M 33.1% | -37.71M 42.3% | -26.51M 24.4% | -35.06M |
EBITDA Margin % | -56.00% 3.4% | -58.00% 1.7% | -59.00% 56.3% | -135.00% |
Interest Expense | 1.89M 83.7% | 1.03M 51.0% | 2.10M 30.9% | 1.60M |
Interest Income | 0.00 | 0.00 | 0.00 | 0.00 |
Other Income (Expense) | 4.99M 768.9% | -746.00K 226.9% | 588.00K 151.5% | -1.14M |
Pre-Tax Income | -53.41M 32.0% | -40.45M 37.4% | -29.45M 20.7% | -37.16M |
Pre-Tax Margin % | -60.00% 3.2% | -62.00% 4.6% | -65.00% 54.5% | -143.00% |
Tax Provision | 0.00 | 0.00 100.0% | 11.00K 450.0% | 2.00K |
Net Income | -53.41M 32.0% | -40.45M 37.3% | -29.46M 20.7% | -37.16M |
Net Margin % | -60.00% 3.2% | -62.00% 4.6% | -65.00% 54.5% | -143.00% |
Basic EPS | -1.46 62.5% | -3.89 208.7% | -1.26 20.8% | -1.59 |
Diluted EPS | -1.46 62.5% | -3.89 208.7% | -1.26 20.8% | -1.59 |
Basic Shares Outstanding | 36.54M 17.1% | 31.21M 33.8% | 23.32M 0.0% | 23.32M |
Diluted Shares Outstanding | 36.54M 17.1% | 31.21M 33.8% | 23.32M 0.0% | 23.32M |