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 11, 2026 | 2024 Dec 31, 2024 Mar 6, 2025 | 2023 Dec 31, 2023 Mar 7, 2024 | 2022 Dec 31, 2022 Mar 9, 2023 | 2021 Dec 31, 2021 Mar 10, 2022 | 2020 Dec 31, 2020 Mar 18, 2021 | 2019 Dec 31, 2019 Dec 31, 2019 | 2018 Dec 31, 2018 Dec 31, 2018 |
|---|
Total Revenue | 30.91M 36.8% | 22.60M 33.8% | 34.16M 77.6% | 19.23M 1357.8% | 1.32M 206.7% | 430.00K | 0.00 | 0.00 |
Cost of Revenue | 3.33M | 0.00 100.0% | 109.69M 570364.9% | 19.23K 99.7% | 7.51M 87.0% | 57.72M 3118.9% | 1.79M 373.1% | 379.00K |
Gross Profit | 27.58M 22.0% | 22.60M 129.9% | -75.53M 493.2% | 19.21M 410.0% | -6.20M 89.2% | -57.28M 3094.9% | -1.79M 373.1% | -379.00K |
Gross Margin % | 89.00% 11.0% | 100.00% 145.2% | -221.00% 321.0% | 100.00% 121.3% | -470.00% 96.5% | -13322.00% | - | - |
Research & Development | 85.47M 9.6% | 94.53M 13.8% | 109.69M 3.9% | 105.62M 31.5% | 80.33M 39.2% | 57.72M 30.1% | 44.36M 109.0% | 21.23M |
General & Administrative | 27.55M 2.9% | 28.36M 12.4% | 32.37M 5.3% | 30.75M 41.5% | 21.73M 93.2% | 11.25M 67.3% | 6.72M 39.3% | 4.82M |
Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
SG&A Expenses | 27.55M 2.9% | 28.36M 12.4% | 32.37M 5.3% | 30.75M 41.5% | 21.73M 93.2% | 11.25M 67.3% | 6.72M 39.3% | 4.82M |
Other Operating Expenses | -3.33M 238.9% | 2.40M | 0.00 | 0.00 100.0% | 2.49M | 0.00 | 0.00 | 0.00 |
Total Operating Expenses | 109.68M 12.5% | 125.28M 11.8% | 142.06M 4.2% | 136.37M 33.6% | 102.05M 48.0% | 68.96M 35.0% | 51.08M 96.1% | 26.05M |
Cost and Expenses | 113.02M 9.8% | 125.28M 11.8% | 142.06M 4.2% | 136.37M 33.6% | 102.05M 48.0% | 68.96M 35.0% | 51.08M 96.1% | 26.05M |
Operating Income | -82.11M 20.0% | -102.68M 4.8% | -107.91M 7.9% | -117.14M 16.3% | -100.73M 47.0% | -68.53M 34.2% | -51.08M 96.1% | -26.05M |
Operating Margin % | -266.00% 41.4% | -454.00% 43.7% | -316.00% 48.1% | -609.00% 92.0% | -7637.00% 52.1% | -15937.00% | - | - |
EBITDA | -70.95M 27.0% | -97.17M 7.0% | -104.45M 8.2% | -113.82M 18.3% | -96.19M 44.7% | -66.49M 36.3% | -48.80M 90.7% | -25.59M |
EBITDA Margin % | -230.00% 46.5% | -430.00% 40.5% | -306.00% 48.3% | -592.00% 91.9% | -7292.00% 52.8% | -15464.00% | - | - |
Interest Expense | 0.00 | 0.00 | 0.00 | 0.00 100.0% | 1.91M 94.7% | 979.00K 81.3% | 540.00K 45.6% | 371.00K |
Interest Income | 8.74M 26.5% | 11.90M 9.4% | 10.88M 91.6% | 5.67M 9518.6% | 59.00K 94.1% | 1.00M 102.2% | 495.00K 338.1% | 113.00K |
Other Income (Expense) | 7.82M 51.3% | 16.06M 17.2% | 13.71M 66.0% | 8.26M 1508.7% | -586.00K 117.8% | -269.00K 511.4% | -44.00K 84.7% | -288.00K |
Pre-Tax Income | -74.28M 14.2% | -86.62M 8.0% | -94.20M 13.5% | -108.88M 7.5% | -101.32M 47.3% | -68.80M 34.6% | -51.13M 94.1% | -26.34M |
Pre-Tax Margin % | -240.00% 37.3% | -383.00% 38.8% | -276.00% 51.2% | -566.00% 92.6% | -7682.00% 52.0% | -16000.00% | - | - |
Tax Provision | 0.00 | 0.00 100.0% | 4.23M 51293.2% | -8.26K 100.4% | 1.91M 94.7% | 979.00K | 0.00 100.0% | 83.00K |
Net Income | -74.28M 14.2% | -86.62M 12.0% | -98.43M 9.6% | -108.87M 5.5% | -103.23M 47.9% | -69.78M 35.1% | -51.67M 96.2% | -26.34M |
Net Margin % | -240.00% 37.3% | -383.00% 33.0% | -288.00% 49.1% | -566.00% 92.8% | -7826.00% 51.8% | -16228.00% | - | - |
Basic EPS | -1.18 25.3% | -1.58 32.5% | -2.34 10.7% | -2.62 5.8% | -2.78 46.3% | -1.90 35.7% | -1.40 4.5% | -1.34 |
Diluted EPS | -1.18 25.3% | -1.58 32.5% | -2.34 10.7% | -2.62 5.8% | -2.78 46.3% | -1.90 35.7% | -1.40 4.5% | -1.34 |
Basic Shares Outstanding | 62.98M 14.7% | 54.90M 30.8% | 41.97M 0.9% | 41.59M 11.9% | 37.17M 1.0% | 36.79M 0.1% | 36.82M 87.6% | 19.63M |
Diluted Shares Outstanding | 62.98M 14.7% | 54.90M 30.8% | 41.97M 0.9% | 41.59M 11.9% | 37.17M 1.0% | 36.79M 0.1% | 36.82M 87.6% | 19.63M |