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 5, 2026 | 2024 Dec 31, 2024 Mar 10, 2025 | 2023 Dec 31, 2023 Mar 11, 2024 | 2022 Dec 31, 2022 Mar 9, 2023 | 2021 Dec 31, 2021 Mar 21, 2022 | 2020 Dec 31, 2020 Dec 31, 2020 | 2019 Dec 31, 2019 Dec 31, 2019 |
|---|
Total Revenue | 11.16M 11.7% | 9.99M 71.0% | 34.48M 148.9% | 13.85M 44.3% | 9.60M 22.4% | 12.36M 113.6% | 5.79M |
Cost of Revenue | 3.65M | 0.00 100.0% | 112.08M 2978.1% | 3.64M 270.0% | 984.00K 97.1% | 34.42M 45.7% | 23.64M |
Gross Profit | 7.51M 23.9% | 6.07M 107.8% | -77.60M 860.0% | 10.21M 18.5% | 8.61M 139.0% | -22.06M 23.6% | -17.85M |
Gross Margin % | 67.00% 9.8% | 61.00% 127.1% | -225.00% 404.1% | 74.00% 17.8% | 90.00% 150.6% | -178.00% 42.2% | -308.00% |
Research & Development | 109.44M 15.9% | 130.15M 16.1% | 112.08M 36.3% | 82.23M 57.4% | 52.26M 51.8% | 34.42M 45.7% | 23.64M |
General & Administrative | 37.91M 18.4% | 46.46M 20.8% | 38.46M 1.2% | 38.02M 56.3% | 24.32M 73.0% | 14.06M 14.6% | 16.46M |
Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
SG&A Expenses | 37.91M 18.4% | 46.46M 20.8% | 38.46M 1.2% | 38.02M 56.3% | 24.32M 73.0% | 14.06M 14.6% | 16.46M |
Other Operating Expenses | -3.65M | 0.00 | 0.00 100.0% | 7.18M 633.1% | -1.35M 362.1% | 514.00K | 0.00 |
Total Operating Expenses | 143.71M 18.6% | 176.61M 17.3% | 150.54M 25.2% | 120.25M 57.0% | 76.58M 57.9% | 48.48M 20.9% | 40.09M |
Cost and Expenses | 147.35M 16.6% | 176.61M 17.3% | 150.54M 25.2% | 120.25M 57.0% | 76.58M 57.9% | 48.48M 20.9% | 40.09M |
Operating Income | -136.19M 18.3% | -166.62M 43.6% | -116.06M 9.1% | -106.40M 58.9% | -66.98M 85.4% | -36.12M 5.3% | -34.30M |
Operating Margin % | -1220.00% 26.8% | -1667.00% 394.7% | -337.00% 56.1% | -768.00% 10.0% | -698.00% 139.0% | -292.00% 50.8% | -593.00% |
EBITDA | -145.03M 13.0% | -166.62M 48.1% | -112.53M 7.4% | -104.78M 58.8% | -66.00M 87.4% | -35.21M 16.5% | -30.21M |
EBITDA Margin % | -1300.00% 22.0% | -1667.00% 411.3% | -326.00% 56.9% | -756.00% 9.9% | -688.00% 141.4% | -285.00% 45.4% | -522.00% |
Interest Expense | 0.00 | 0.00 | 0.00 | 0.00 100.0% | 8.00K 60.0% | 20.00K 400.0% | 4.00K |
Interest Income | 8.00M | 0.00 100.0% | 10.70M 132.6% | 4.60M 3008.1% | 148.00K 37.3% | 236.00K 77.5% | 1.05M |
Other Income (Expense) | -12.48M 171.3% | 17.50M 23.4% | 14.18M 101.2% | 7.05M 1769.5% | 377.00K 12666.7% | -3.00K 100.1% | 3.34M |
Pre-Tax Income | -148.68M 0.3% | -149.11M 46.4% | -101.88M 2.5% | -99.35M 49.2% | -66.60M 84.4% | -36.13M 16.7% | -30.97M |
Pre-Tax Margin % | -1332.00% 10.7% | -1492.00% 405.8% | -295.00% 58.9% | -717.00% 3.3% | -694.00% 137.7% | -292.00% 45.4% | -535.00% |
Tax Provision | -550.00K 6011.1% | -9.00K 104.7% | 193.00K 175.7% | 70.00K 78.2% | 321.00K 117.6% | -1.82M 75.9% | -7.54M |
Net Income | -148.13M 0.7% | -149.10M 46.1% | -102.07M 2.7% | -99.42M 48.6% | -66.92M 95.1% | -34.31M 46.4% | -23.43M |
Net Margin % | -1327.00% 11.1% | -1492.00% 404.1% | -296.00% 58.8% | -718.00% 3.0% | -697.00% 150.7% | -278.00% 31.4% | -405.00% |
Basic EPS | -1.59 3.6% | -1.65 19.6% | -1.38 15.9% | -1.64 47.7% | -1.11 10.5% | -1.24 45.9% | -0.85 |
Diluted EPS | -1.59 3.6% | -1.65 19.6% | -1.38 15.9% | -1.64 47.7% | -1.11 10.5% | -1.24 45.9% | -0.85 |
Basic Shares Outstanding | 93.39M 3.4% | 90.32M 22.4% | 73.81M 21.4% | 60.80M 0.9% | 60.26M 117.9% | 27.66M 0.0% | 27.66M |
Diluted Shares Outstanding | 93.39M 3.4% | 90.32M 22.4% | 73.81M 21.4% | 60.80M 0.9% | 60.26M 117.9% | 27.66M 0.0% | 27.66M |