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 2, 2026 | 2024 Dec 31, 2024 Feb 26, 2025 | 2023 Dec 31, 2023 Mar 5, 2024 | 2022 Dec 31, 2022 Mar 1, 2023 | 2021 Dec 31, 2021 Feb 22, 2022 | 2020 Dec 31, 2020 Feb 25, 2021 | 2019 Dec 31, 2019 Feb 21, 2020 | 2018 Dec 31, 2018 Feb 27, 2019 |
|---|
Total Revenue | 206.13M 14.3% | 180.27M 15.3% | 156.37M 3.5% | 162.05M 23.8% | 130.86M 42.4% | 91.92M 23.1% | 74.65M 22.6% | 60.91M 39.8% |
Cost of Revenue | 93.84M 16.2% | 80.75M 15.4% | 69.97M 6.7% | 74.95M 18.1% | 63.48M 54.2% | 41.16M 23.2% | 33.42M 5.6% | 31.63M 40.4% |
Gross Profit | 112.29M 12.8% | 99.52M 15.2% | 86.40M 0.8% | 87.09M 29.3% | 67.38M 32.7% | 50.76M 23.1% | 41.23M 40.8% | 29.27M 39.2% |
Gross Margin % | 54.00% 1.8% | 55.00% 0.0% | 55.00% 1.9% | 54.00% 5.9% | 51.00% 7.3% | 55.00% 0.0% | 55.00% 14.6% | 48.00% 0.0% |
Research & Development | 67.72M 15.0% | 58.91M 12.9% | 67.64M 5.5% | 64.11M 0.7% | 63.69M 1.1% | 64.41M 6.7% | 60.38M 41.8% | 42.56M 26.3% |
General & Administrative | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 100.0% | 56.84M 8.4% |
Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
SG&A Expenses | 80.91M 6.6% | 75.89M 0.5% | 75.52M 9.4% | 83.33M 2.5% | 81.29M 21.3% | 67.02M 1.2% | 66.20M 16.5% | 56.84M 8.4% |
Other Operating Expenses | -27.66M 31.4% | -21.05M | 0.00 100.0% | -26.27M 8.3% | -28.66M 28.3% | -22.33M 16.8% | -19.13M 1194.1% | 1.75M 54.8% |
Total Operating Expenses | 120.97M 6.3% | 113.75M 1.4% | 115.34M 4.8% | 121.17M 4.2% | 116.32M 6.6% | 109.10M 1.5% | 107.46M 27.5% | 84.26M 7.2% |
Cost and Expenses | 214.81M 0.3% | 215.55M 16.3% | 185.30M 5.5% | 196.13M 9.1% | 179.79M 19.7% | 150.25M 6.7% | 140.88M 21.6% | 115.90M 14.6% |
Operating Income | -8.68M 39.0% | -14.22M 52.7% | -30.05M 11.8% | -34.08M 30.4% | -48.94M 16.1% | -58.33M 11.9% | -66.23M 20.4% | -54.99M 4.4% |
Operating Margin % | -4.00% 50.0% | -8.00% 57.9% | -19.00% 9.5% | -21.00% 43.2% | -37.00% 41.3% | -63.00% 29.2% | -89.00% 1.1% | -90.00% 31.8% |
EBITDA | -5.51M 44.2% | -9.88M 62.8% | -26.54M 22.1% | -34.08M 25.9% | -45.99M 10.5% | -51.37M 20.5% | -64.61M 24.5% | -51.88M 0.0% |
EBITDA Margin % | -3.00% 40.0% | -5.00% 70.6% | -17.00% 19.0% | -21.00% 40.0% | -35.00% 37.5% | -56.00% 35.6% | -87.00% 2.4% | -85.00% 28.6% |
Interest Expense | 8.34M 6.0% | 8.88M 5.9% | 8.39M 43.8% | 5.83M 18.4% | 4.92M 31.4% | 3.75M 38.2% | 6.07M 51.3% | 4.01M 32.6% |
Interest Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Other Income (Expense) | -6.60M 1.1% | -6.53M 10.2% | -7.27M 12.0% | -8.26M 61.2% | -5.12M 313.0% | -1.24M 73.9% | -4.75M 102.6% | -2.35M 382.1% |
Pre-Tax Income | -15.28M 26.4% | -20.76M 44.4% | -37.32M 11.8% | -42.34M 21.7% | -54.06M 9.3% | -59.57M 16.1% | -70.98M 23.8% | -57.34M 1.1% |
Pre-Tax Margin % | -7.00% 41.7% | -12.00% 50.0% | -24.00% 7.7% | -26.00% 36.6% | -41.00% 36.9% | -65.00% 31.6% | -95.00% 1.1% | -94.00% 27.7% |
Tax Provision | 354.00K 72.7% | 205.00K 36.9% | 325.00K 33.4% | 488.00K 53.0% | 319.00K 12.3% | 284.00K 8.0% | 263.00K 14.8% | 229.00K 94.1% |
Net Income | -15.63M 25.3% | -20.92M 44.2% | -37.49M 12.5% | -42.83M 21.2% | -54.38M 9.2% | -59.86M 16.0% | -71.24M 23.8% | -57.56M 5.0% |
Net Margin % | -8.00% 33.3% | -12.00% 50.0% | -24.00% 7.7% | -26.00% 38.1% | -42.00% 35.4% | -65.00% 31.6% | -95.00% 0.0% | -95.00% 31.7% |
Basic EPS | -0.08 25.5% | -0.11 47.6% | -0.21 12.5% | -0.24 25.0% | -0.32 13.5% | -0.37 27.5% | -0.51 15.9% | -0.44 21.4% |
Diluted EPS | -0.08 27.3% | -0.11 47.6% | -0.21 12.5% | -0.24 25.0% | -0.32 13.5% | -0.37 27.5% | -0.51 15.9% | -0.44 21.4% |
Basic Shares Outstanding | 190.59M 3.3% | 184.56M 2.4% | 180.27M 2.1% | 176.54M 3.1% | 171.28M 4.5% | 163.95M 17.2% | 139.83M 6.9% | 130.83M 20.9% |
Diluted Shares Outstanding | 190.59M 3.3% | 184.56M 2.4% | 180.27M 2.1% | 176.54M 3.1% | 171.28M 4.5% | 163.95M 17.2% | 139.83M 6.2% | 131.66M 21.7% |