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 9, 2026 | 2024 Dec 31, 2024 Mar 11, 2025 | 2023 Dec 31, 2023 Mar 21, 2024 | 2022 Dec 31, 2022 Dec 31, 2022 | 2021 Dec 31, 2021 Dec 31, 2021 | 2020 Dec 31, 2020 Mar 3, 2021 | 2019 Dec 31, 2019 Mar 3, 2020 | 2018 Dec 31, 2018 Mar 19, 2019 |
|---|
Total Revenue | 2.04M 67.3% | 6.24M 120.6% | 2.83M 56.0% | 6.42M 334.8% | 1.48M | 0.00 | 0.00 | 0.00 |
Cost of Revenue | 0.00 | 0.00 | 0.00 100.0% | 147.00K 92.7% | 2.02M 2.1% | 1.98M 7.3% | 1.84M 110.6% | 875.00K 132.7% |
Gross Profit | 2.04M 67.3% | 6.24M 120.6% | 2.83M 54.9% | 6.27M 1252.6% | -544.00K 72.5% | -1.98M 7.3% | -1.84M 110.6% | -875.00K 132.7% |
Gross Margin % | 100.00% 0.0% | 100.00% 0.0% | 100.00% 2.0% | 98.00% 364.9% | -37.00% | - | - | - |
Research & Development | 145.64M 75.2% | 83.11M 153.1% | 32.84M 11.8% | 29.38M 133.1% | 12.61M 74.1% | 48.64M 15.2% | 57.37M 38.8% | 41.34M 48.2% |
General & Administrative | 34.33M 37.4% | 24.99M 37.6% | 18.16M 169.3% | 6.74M 244.7% | 1.96M 93.0% | 28.09M 18.2% | 23.76M 27.6% | 18.62M 137.9% |
Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 100.0% | -875.00K 132.7% |
SG&A Expenses | 34.33M 37.4% | 24.99M 37.6% | 18.16M 169.3% | 6.74M 244.7% | 1.96M 93.0% | 28.09M 18.2% | 23.76M 33.9% | 17.75M 138.2% |
Other Operating Expenses | 0.00 | 0.00 | 0.00 100.0% | -52.00K | 0.00 | 0.00 | 0.00 | 0.00 |
Total Operating Expenses | 179.97M 66.5% | 108.10M 112.0% | 51.00M 41.2% | 36.12M 148.1% | 14.56M 81.0% | 76.72M 5.4% | 81.13M 37.3% | 59.09M 67.1% |
Cost and Expenses | 179.97M 66.5% | 108.10M 112.0% | 51.00M 41.2% | 36.12M 148.1% | 14.56M 81.5% | 78.70M 5.1% | 82.97M 38.4% | 59.96M 67.8% |
Operating Income | -177.93M 74.7% | -101.86M 111.5% | -48.17M 62.2% | -29.70M 127.0% | -13.09M 83.4% | -78.70M 5.1% | -82.97M 38.4% | -59.96M 67.8% |
Operating Margin % | -8739.00% 434.8% | -1634.00% 4.2% | -1705.00% 268.3% | -463.00% 47.8% | -887.00% | - | - | - |
EBITDA | -161.91M 59.6% | -101.45M 112.2% | -47.82M 61.8% | -29.56M 125.9% | -13.09M 82.1% | -72.96M 2.6% | -74.93M 32.3% | -56.64M 61.3% |
EBITDA Margin % | -7952.00% 388.8% | -1627.00% 3.8% | -1692.00% 267.0% | -461.00% 48.0% | -887.00% | - | - | - |
Interest Expense | 0.00 | 0.00 | 0.00 | 0.00 100.0% | 3.56M 5.6% | 3.77M | 0.00 | 0.00 |
Interest Income | 16.12M 7.2% | 17.36M 264.5% | 4.76M 316.1% | 1.15M 38066.7% | 3.00K 99.9% | 3.77M | 0.00 100.0% | 2.45M 937.3% |
Other Income (Expense) | 15.60M 7.7% | 16.89M 265.8% | 4.62M 275.8% | 1.23M 5443.5% | -23.00K 100.6% | 3.77M 39.3% | 6.20M 153.3% | 2.45M 937.3% |
Pre-Tax Income | -162.34M 91.1% | -84.97M 95.1% | -43.55M 53.0% | -28.48M 117.2% | -13.11M 82.5% | -74.94M 2.4% | -76.77M 33.5% | -57.52M 62.1% |
Pre-Tax Margin % | -7973.00% 485.0% | -1363.00% 11.6% | -1541.00% 247.1% | -444.00% 50.0% | -888.00% | - | - | - |
Tax Provision | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 100.0% |
Net Income | -162.34M 91.1% | -84.97M 95.1% | -43.55M 53.0% | -28.48M 117.2% | -13.11M 82.5% | -74.94M 2.4% | -76.77M 33.5% | -57.52M 62.1% |
Net Margin % | -7973.00% 485.0% | -1363.00% 11.6% | -1541.00% 247.1% | -444.00% 50.0% | -888.00% | - | - | - |
Basic EPS | -4.20 64.7% | -2.55 69.8% | -8.45 11.2% | -7.60 99.0% | -3.82 86.0% | -27.30 17.7% | -33.18 20.1% | -27.62 72.1% |
Diluted EPS | -4.20 64.7% | -2.55 69.8% | -8.45 11.2% | -7.60 99.0% | -3.82 86.0% | -27.30 17.7% | -33.18 20.1% | -27.62 72.1% |
Basic Shares Outstanding | 37.79M 13.4% | 33.31M 546.4% | 5.15M 37.5% | 3.75M 9.1% | 3.43M 25.1% | 2.75M 18.7% | 2.31M 11.1% | 2.08M 5.8% |
Diluted Shares Outstanding | 37.79M 13.4% | 33.31M 546.4% | 5.15M 37.5% | 3.75M 9.1% | 3.43M 25.1% | 2.75M 18.7% | 2.31M 11.1% | 2.08M 5.8% |