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 26, 2026 | 2024 Dec 31, 2024 Feb 27, 2025 | 2023 Dec 31, 2023 Feb 22, 2024 | 2022 Dec 31, 2022 Feb 23, 2023 | 2021 Dec 31, 2021 Feb 24, 2022 | 2020 Dec 31, 2020 Mar 11, 2021 | 2019 Dec 31, 2019 Dec 31, 2019 | 2018 Dec 31, 2018 Dec 31, 2018 |
|---|
Total Revenue | 35.95M 1.0% | 35.58M 71.4% | 20.76M 33.3% | 31.10M 32.1% | 45.78M 37.9% | 33.20M 55.3% | 21.38M 10.4% | 19.36M |
Cost of Revenue | 7.97M | 0.00 100.0% | 117.71M 1454.5% | 7.57M 160.5% | 2.91M 96.2% | 77.47M 62.5% | 47.66M 66.7% | 28.59M |
Gross Profit | 27.97M 21.4% | 35.58M 136.7% | -96.95M 512.1% | 23.52M 45.1% | 42.88M 196.8% | -44.27M 68.4% | -26.28M 184.8% | -9.23M |
Gross Margin % | 78.00% 22.0% | 100.00% 121.4% | -467.00% 714.5% | 76.00% 19.1% | 94.00% 170.7% | -133.00% 8.1% | -123.00% 156.3% | -48.00% |
Research & Development | 104.24M 5.8% | 110.64M 6.0% | 117.71M 0.1% | 117.84M 24.5% | 94.67M 20.7% | 78.44M 63.2% | 48.06M 68.1% | 28.59M |
General & Administrative | 36.20M 14.1% | 42.12M 0.1% | 42.08M 1.7% | 42.79M 28.7% | 33.25M 118.7% | 15.20M 73.3% | 8.77M 22.5% | 7.16M |
Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
SG&A Expenses | 36.20M 14.1% | 42.12M 0.1% | 42.08M 1.7% | 42.79M 28.7% | 33.25M 118.7% | 15.20M 73.3% | 8.77M 22.5% | 7.16M |
Other Operating Expenses | -7.97M 427.2% | 2.44M | 0.00 | 0.00 | 0.00 | 0.00 100.0% | 325.00K 4742.9% | -7.00K |
Total Operating Expenses | 132.46M 14.7% | 155.20M 2.9% | 159.79M 0.5% | 160.63M 25.6% | 127.92M 36.6% | 93.64M 64.8% | 56.83M 59.0% | 35.75M |
Cost and Expenses | 140.44M 9.5% | 155.20M 2.9% | 159.79M 0.5% | 160.63M 25.6% | 127.92M 36.6% | 93.64M 64.8% | 56.83M 59.0% | 35.75M |
Operating Income | -104.49M 12.6% | -119.61M 14.0% | -139.03M 7.3% | -129.53M 57.7% | -82.13M 35.9% | -60.45M 70.5% | -35.45M 116.3% | -16.39M |
Operating Margin % | -291.00% 13.4% | -336.00% 49.9% | -670.00% 60.7% | -417.00% 133.0% | -179.00% 1.6% | -182.00% 9.6% | -166.00% 95.3% | -85.00% |
EBITDA | -102.91M 0.4% | -103.37M 15.3% | -122.10M 1.8% | -124.28M 57.6% | -78.84M 25.4% | -62.89M 105.8% | -30.56M 102.1% | -15.12M |
EBITDA Margin % | -286.00% 1.4% | -290.00% 50.7% | -588.00% 47.0% | -400.00% 132.6% | -172.00% 9.0% | -189.00% 32.2% | -143.00% 83.3% | -78.00% |
Interest Expense | 0.00 | 0.00 100.0% | 1.37M 38.0% | 2.22M 3.3% | 2.15M 74.5% | 1.23M | 0.00 | 0.00 |
Interest Income | 10.35M 28.3% | 14.43M 47.1% | 9.81M 174.5% | 3.58M 823.8% | 387.00K 1.5% | 393.00K 78.5% | 1.83M 167.4% | 685.00K |
Other Income (Expense) | -384.00K 102.7% | 14.43M 84.6% | 7.82M 475.3% | 1.36M 177.3% | -1.76M 73.0% | -6.51M 401.9% | 2.16M 218.1% | 678.00K |
Pre-Tax Income | -104.87M 0.3% | -105.19M 19.8% | -131.21M 2.4% | -128.18M 52.8% | -83.89M 25.3% | -66.96M 101.1% | -33.30M 111.9% | -15.71M |
Pre-Tax Margin % | -292.00% 1.4% | -296.00% 53.2% | -632.00% 53.4% | -412.00% 125.1% | -183.00% 9.4% | -202.00% 29.5% | -156.00% 92.6% | -81.00% |
Tax Provision | 121.00K 7.6% | 131.00K 89.8% | 1.28M 176.4% | -1.68M 178.1% | 2.15M 442.7% | -626.00K 177.9% | 804.00K | 0.00 |
Net Income | -104.99M 0.3% | -105.32M 20.5% | -132.49M 4.7% | -126.50M 47.0% | -86.04M 29.7% | -66.33M 94.5% | -34.10M 117.0% | -15.71M |
Net Margin % | -292.00% 1.4% | -296.00% 53.6% | -638.00% 56.8% | -407.00% 116.5% | -188.00% 6.0% | -200.00% 25.8% | -159.00% 96.3% | -81.00% |
Basic EPS | -1.27 16.4% | -1.52 43.1% | -2.67 3.1% | -2.59 38.5% | -1.87 21.4% | -1.54 94.9% | -0.79 25.5% | -1.06 |
Diluted EPS | -1.27 16.4% | -1.52 43.1% | -2.67 3.1% | -2.59 38.5% | -1.87 21.4% | -1.54 94.9% | -0.79 25.5% | -1.06 |
Basic Shares Outstanding | 82.89M 19.5% | 69.37M 39.7% | 49.64M 1.6% | 48.86M 6.1% | 46.04M 6.9% | 43.06M 0.2% | 42.99M 190.7% | 14.79M |
Diluted Shares Outstanding | 82.89M 19.5% | 69.37M 39.7% | 49.64M 1.6% | 48.86M 6.1% | 46.04M 6.9% | 43.06M 0.2% | 42.99M 2.1% | 42.09M |