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 Mar 20, 2025 | 2023 Dec 31, 2023 Mar 14, 2024 | 2022 Dec 31, 2022 Mar 16, 2023 | 2021 Dec 31, 2021 Mar 29, 2022 | 2020 Dec 31, 2020 Dec 31, 2020 | 2019 Dec 31, 2019 Dec 31, 2019 |
|---|
Total Revenue | 123.67M 63.5% | 75.62M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Cost of Revenue | 8.36M | 0.00 100.0% | 6.22M 27.3% | 8.56M 301.5% | 2.13M 297.0% | 537.00K 645.8% | 72.00K |
Gross Profit | 115.32M 70.8% | 67.50M 1184.9% | -6.22M 27.3% | -8.56M 301.5% | -2.13M 297.0% | -537.00K 645.8% | -72.00K |
Gross Margin % | 93.00% 4.5% | 89.00% | - | - | - | - | - |
Research & Development | 141.50M 16.4% | 121.56M 15.7% | 105.05M 23.5% | 85.06M 48.8% | 57.16M 138.1% | 24.00M 226.6% | 7.35M |
General & Administrative | 36.38M 3.4% | 35.17M 9.8% | 32.04M 17.3% | 27.32M 73.7% | 15.73M 292.7% | 4.00M 521.9% | 644.00K |
Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
SG&A Expenses | 36.38M 3.4% | 35.17M 9.8% | 32.04M 17.3% | 27.32M 73.7% | 15.73M 292.7% | 4.00M 521.9% | 644.00K |
Other Operating Expenses | -8.36M | 0.00 | 0.00 | 0.00 100.0% | -960.00K 87.5% | -7.68M | 0.00 |
Total Operating Expenses | 169.52M 8.2% | 156.73M 9.4% | 143.31M 27.5% | 112.38M 54.2% | 72.88M 160.2% | 28.01M 250.4% | 7.99M |
Cost and Expenses | 177.88M 13.5% | 156.73M 9.4% | 143.31M 27.5% | 112.38M 54.2% | 72.88M 160.2% | 28.01M 250.4% | 7.99M |
Operating Income | -54.21M 33.2% | -81.11M 43.4% | -143.31M 27.5% | -112.38M 54.2% | -72.88M 160.2% | -28.01M 250.4% | -7.99M |
Operating Margin % | -44.00% 58.9% | -107.00% | - | - | - | - | - |
EBITDA | -31.37M 57.0% | -72.99M 46.8% | -137.09M 37.2% | -99.94M 41.3% | -70.75M 157.5% | -27.47M 258.3% | -7.67M |
EBITDA Margin % | -25.00% 74.2% | -97.00% | - | - | - | - | - |
Interest Expense | 0.00 | 0.00 | 0.00 100.0% | 3.76M | 0.00 | 0.00 100.0% | 1.00K |
Interest Income | 12.94M 22.5% | 10.57M 13.2% | 9.33M 148.0% | 3.76M 8082.6% | 46.00K 411.1% | 9.00K 74900.0% | 12.00 |
Other Income (Expense) | 14.48M 31.9% | 10.98M 32.4% | 8.30M 113.7% | 3.88M 460.9% | -1.08M 86.3% | -7.87M 3198.0% | 254.00K |
Pre-Tax Income | -39.72M 43.4% | -70.13M 48.1% | -135.01M 24.4% | -108.50M 46.7% | -73.96M 106.1% | -35.88M 363.6% | -7.74M |
Pre-Tax Margin % | -32.00% 65.6% | -93.00% | - | - | - | - | - |
Tax Provision | -1.10M 142.7% | 2.57M 660.4% | 338.00K 108.7% | -3.88M 92.6% | -2.02M 1166.7% | 189.00K | 0.00 |
Net Income | -38.63M 46.9% | -72.70M 46.3% | -135.35M 29.4% | -104.62M 45.4% | -71.94M 99.5% | -36.07M 349.9% | -8.02M |
Net Margin % | -31.00% 67.7% | -96.00% | - | - | - | - | - |
Basic EPS | -0.59 39.8% | -0.98 62.7% | -2.63 18.5% | -2.22 43.2% | -1.55 89.0% | -0.82 355.6% | -0.18 |
Diluted EPS | -0.59 39.8% | -0.98 62.7% | -2.63 18.5% | -2.22 43.2% | -1.55 89.0% | -0.82 355.6% | -0.18 |
Basic Shares Outstanding | 65.54M 11.3% | 73.91M 43.8% | 51.40M 8.8% | 47.23M 1.5% | 46.54M 5.8% | 44.00M 0.0% | 44.00M |
Diluted Shares Outstanding | 65.54M 11.3% | 73.91M 43.8% | 51.40M 8.8% | 47.23M 1.5% | 46.54M 5.8% | 44.00M 0.0% | 44.00M |