Financial statements and analysis
Showing the last 5 fiscal years: 2021 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 27, 2026 | 2024 Dec 31, 2024 Dec 31, 2024 | 2023 Dec 31, 2023 Dec 31, 2023 | 2022 Dec 31, 2022 Dec 31, 2022 | 2021 Dec 31, 2021 Dec 31, 2021 |
|---|
Total Revenue | 3.68M 1.8% | 3.62M 12.4% | 4.13M 180.9% | 1.47M | 0.00 |
Cost of Revenue | 1.68M 170.6% | 619.00K 275.4% | 164.90K 202.6% | 54.50K | 0.00 |
Gross Profit | 2.01M 33.1% | 3.00M 24.4% | 3.97M 180.1% | 1.42M | 0.00 |
Gross Margin % | 55.00% 33.7% | 83.00% 13.5% | 96.00% 0.0% | 96.00% | - |
Research & Development | 42.77M 12.9% | 49.10M 405.4% | 9.72M 28.7% | 13.63M 430.2% | 2.57M |
General & Administrative | 119.13M 8.8% | 130.62M 1371.1% | 8.88M 14.2% | 10.35M 202.6% | 3.42M |
Selling & Marketing | 2.50M 60.8% | 6.38M 398.9% | 1.28M 104.4% | 625.90K 64.0% | 381.70K |
SG&A Expenses | 121.63M 11.2% | 137.00M 1248.7% | 10.16M 7.4% | 10.97M 188.7% | 3.80M |
Other Operating Expenses | 410.64M 13896.5% | 2.93M 4822.7% | 59.60K | 0.00 | 0.00 |
Total Operating Expenses | 575.05M 204.2% | 189.04M 848.3% | 19.93M 19.2% | 24.66M 286.7% | 6.38M |
Cost and Expenses | 576.73M 204.1% | 189.66M 843.6% | 20.10M 18.7% | 24.72M 287.5% | 6.38M |
Operating Income | -573.04M 208.0% | -186.04M 1065.1% | -15.97M 31.3% | -23.25M 264.5% | -6.38M |
Operating Margin % | -15561.00% 202.7% | -5141.00% 1228.4% | -387.00% 75.5% | -1581.00% | - |
EBITDA | -676.10M 71.4% | -394.42M 2026.9% | -18.54M 20.0% | -23.19M 1088.4% | -1.95M |
EBITDA Margin % | -18359.00% 68.4% | -10899.00% 2327.4% | -449.00% 71.5% | -1577.00% | - |
Interest Expense | 27.35M 785.1% | 3.09M 92.2% | 39.43M 1834.0% | 2.04M 211.6% | 654.30K |
Interest Income | 46.56M 216.3% | 14.72M | 0.00 | 0.00 | 0.00 |
Other Income (Expense) | -138.74M 35.4% | -214.83M 408.8% | -42.22M 157.2% | 73.77M 227.0% | -58.09M |
Pre-Tax Income | -711.78M 77.6% | -400.86M 588.9% | -58.19M 215.2% | 50.52M 185.5% | -59.10M |
Pre-Tax Margin % | -19328.00% 74.5% | -11077.00% 686.2% | -1409.00% 141.0% | 3436.00% | - |
Tax Provision | -560.10K | 0.00 100.0% | 1.10K 650.0% | -200.00 100.0% | 2.78M |
Net Income | -711.22M 77.4% | -400.86M 588.9% | -58.19M 215.2% | 50.52M 185.5% | -59.10M |
Net Margin % | -19313.00% 74.4% | -11077.00% 686.2% | -1409.00% 141.0% | 3436.00% | - |
Basic EPS | -2.80 18.6% | -2.36 448.8% | -0.43 184.3% | 0.51 186.4% | -0.59 |
Diluted EPS | -2.80 18.6% | -2.36 448.8% | -0.43 184.3% | 0.51 186.4% | -0.59 |
Basic Shares Outstanding | 254.54M 50.1% | 169.63M 69.6% | 100.00M 0.0% | 100.00M 0.0% | 100.00M |
Diluted Shares Outstanding | 254.54M 50.1% | 169.63M 69.6% | 100.00M 0.0% | 100.00M 0.0% | 100.00M |