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 Feb 26, 2025 | 2023 Dec 31, 2023 Mar 12, 2024 | 2022 Dec 31, 2022 Mar 1, 2023 | 2021 Dec 31, 2021 Mar 9, 2022 | 2020 Dec 31, 2020 Mar 22, 2021 | 2019 Dec 31, 2019 Mar 27, 2020 | 2018 Dec 31, 2018 Apr 1, 2019 |
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Total Revenue | 36.97M 17.8% | 31.39M 31.0% | 23.95M 16.6% | 20.55M 26.1% | 16.30M 27.0% | 12.83M 14.4% | 11.22M 52.5% | 7.35M 0.4% |
Cost of Revenue | 14.28M 16.4% | 12.27M 18.6% | 10.34M 47.3% | 7.02M 40.2% | 5.01M 35.0% | 3.71M 3.2% | 3.83M 57.5% | 2.43M 16.1% |
Gross Profit | 22.69M 18.7% | 19.12M 40.5% | 13.61M 0.6% | 13.53M 19.8% | 11.29M 23.8% | 9.12M 23.5% | 7.38M 50.1% | 4.92M 9.8% |
Gross Margin % | 61.00% 0.0% | 61.00% 7.0% | 57.00% 13.6% | 66.00% 4.3% | 69.00% 2.8% | 71.00% 7.6% | 66.00% 1.5% | 67.00% 9.8% |
Research & Development | 13.90M 12.1% | 12.39M 5.8% | 11.71M 7.5% | 10.89M 21.2% | 8.98M 91.7% | 4.69M 60.4% | 2.92M 26.5% | 2.31M 17.9% |
General & Administrative | 16.50M 37.5% | 12.00M 2.1% | 11.76M 22.3% | 9.61M 9.7% | 8.76M 66.2% | 5.27M 22.6% | 4.30M 0.6% | 4.33M 6.9% |
Selling & Marketing | 16.46M 13.7% | 14.48M 15.0% | 12.60M 34.6% | 9.36M 35.3% | 6.92M 28.5% | 5.38M 13.2% | 4.76M 34.6% | 3.53M 10.7% |
SG&A Expenses | 32.96M 24.5% | 26.48M 8.7% | 24.35M 28.4% | 18.97M 21.0% | 15.68M 47.2% | 10.65M 17.7% | 9.06M 15.2% | 7.86M 1.8% |
Other Operating Expenses | 0.00 | 0.00 | 0.00 100.0% | -22.00K 65.1% | -63.00K | 0.00 100.0% | 9.05K 2387.4% | 364.00 97.8% |
Total Operating Expenses | 46.86M 20.6% | 38.87M 7.8% | 36.06M 20.8% | 29.86M 21.1% | 24.66M 60.8% | 15.34M 28.1% | 11.98M 17.8% | 10.17M 6.0% |
Cost and Expenses | 61.13M 19.6% | 51.14M 10.2% | 46.40M 25.8% | 36.88M 24.3% | 29.67M 55.8% | 19.05M 20.5% | 15.81M 25.5% | 12.60M 8.1% |
Operating Income | -24.16M 22.4% | -19.75M 12.0% | -22.45M 37.4% | -16.33M 22.1% | -13.37M 115.0% | -6.22M 35.4% | -4.59M 12.5% | -5.25M 17.2% |
Operating Margin % | -65.00% 3.2% | -63.00% 33.0% | -94.00% 19.0% | -79.00% 3.7% | -82.00% 70.8% | -48.00% 17.1% | -41.00% 42.3% | -71.00% 17.4% |
EBITDA | -20.86M 16.9% | -17.84M 15.0% | -20.99M 34.7% | -15.58M 22.2% | -12.74M 166.2% | -4.79M 10.5% | -4.33M 14.6% | -5.07M 17.9% |
EBITDA Margin % | -56.00% 1.8% | -57.00% 35.2% | -88.00% 15.8% | -76.00% 2.6% | -78.00% 110.8% | -37.00% 5.1% | -39.00% 43.5% | -69.00% 17.9% |
Interest Expense | 2.39M | 0.00 | 0.00 100.0% | 81.00K 91.7% | 973.00K 32.6% | 1.44M 51.2% | 955.00K 2.6% | 980.38K 12.3% |
Interest Income | 1.21M 39.1% | 872.00K 125.9% | 386.00K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Other Income (Expense) | -1.32M 258.8% | 832.00K 133.1% | 357.00K 446.6% | -103.00K 90.1% | -1.04M 84.3% | -562.00K 40.6% | -945.79K 3.3% | -915.70K 10.1% |
Pre-Tax Income | -25.48M 34.7% | -18.91M 14.4% | -22.09M 34.4% | -16.43M 14.1% | -14.41M 112.5% | -6.78M 22.4% | -5.54M 10.1% | -6.16M 14.0% |
Pre-Tax Margin % | -69.00% 15.0% | -60.00% 34.8% | -92.00% 15.0% | -80.00% 9.1% | -88.00% 66.0% | -53.00% 8.2% | -49.00% 41.7% | -84.00% 13.4% |
Tax Provision | 55.00K | 0.00 | 0.00 100.0% | 103.00K 88.7% | 910.00K 60.9% | 2.33M 141.2% | 964.22K | 0.00 |
Net Income | -25.54M 35.0% | -18.91M 14.4% | -22.09M 33.6% | -16.54M 8.0% | -15.32M 68.2% | -9.11M 40.0% | -6.50M 5.5% | -6.16M 14.0% |
Net Margin % | -69.00% 15.0% | -60.00% 34.8% | -92.00% 15.0% | -80.00% 14.9% | -94.00% 32.4% | -71.00% 22.4% | -58.00% 31.0% | -84.00% 13.4% |
Basic EPS | -0.90 28.6% | -0.70 22.2% | -0.90 32.4% | -0.68 8.1% | -0.74 29.8% | -0.57 16.3% | -0.49 12.5% | -0.56 39.8% |
Diluted EPS | -0.90 28.6% | -0.70 22.2% | -0.90 32.4% | -0.68 8.1% | -0.74 29.8% | -0.57 16.3% | -0.49 12.5% | -0.56 39.8% |
Basic Shares Outstanding | 28.32M 4.8% | 27.03M 9.8% | 24.61M 1.8% | 24.18M 16.6% | 20.73M 30.8% | 15.85M 20.5% | 13.16M 20.4% | 10.93M 41.2% |
Diluted Shares Outstanding | 28.32M 4.8% | 27.03M 9.8% | 24.61M 1.8% | 24.18M 16.6% | 20.73M 30.8% | 15.85M 20.5% | 13.16M 20.4% | 10.93M 41.2% |