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 19, 2026 | 2024 Dec 31, 2024 Apr 29, 2025 | 2023 Dec 31, 2023 Mar 29, 2024 | 2022 Dec 31, 2022 Mar 29, 2023 | 2021 Dec 31, 2021 Dec 31, 2021 | 2020 Dec 31, 2020 Dec 31, 2020 | 2019 Dec 31, 2019 Dec 31, 2019 |
|---|
Total Revenue | 8.00K 0.0% | 8.00K 95.3% | 170.00K 98.5% | 11.07M | 0.00 | 0.00 | 0.00 |
Cost of Revenue | 574.00K | 0.00 100.0% | 1.02M 5.2% | 968.00K 8.2% | 895.00K 36.0% | 658.00K 37.9% | 477.00K |
Gross Profit | -566.00K 7175.0% | 8.00K 100.9% | -848.00K 108.4% | 10.10M 1228.5% | -895.00K 36.0% | -658.00K 37.9% | -477.00K |
Gross Margin % | -7075.00% 7175.0% | 100.00% 120.0% | -499.00% 648.4% | 91.00% | - | - | - |
Research & Development | 19.85M 4.5% | 19.00M 48.8% | 12.77M 40.6% | 9.08M 43.7% | 6.32M 1.5% | 6.23M 17.3% | 7.53M |
General & Administrative | 13.37M 5.2% | 12.71M 9.8% | 11.57M 131.2% | 5.00M 39.7% | 8.29M 33.9% | 6.20M | 0.00 |
Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
SG&A Expenses | 13.37M 5.2% | 12.71M 9.8% | 11.57M 131.2% | 5.00M 39.7% | 8.29M 33.9% | 6.20M 116.5% | 2.86M |
Other Operating Expenses | -574.00K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Total Operating Expenses | 32.65M 3.0% | 31.70M 30.3% | 24.34M 72.8% | 14.08M 3.6% | 14.61M 17.6% | 12.42M 19.5% | 10.39M |
Cost and Expenses | 33.22M 4.8% | 31.70M 30.3% | 24.34M 72.8% | 14.08M 3.6% | 14.61M 17.6% | 12.42M 14.3% | 10.87M |
Operating Income | -33.21M 4.8% | -31.70M 31.2% | -24.16M 702.0% | -3.01M 79.4% | -14.61M 17.6% | -12.42M 14.3% | -10.87M |
Operating Margin % | -415175.00% 4.8% | -396200.00% 2687.2% | -14215.00% 52548.1% | -27.00% | - | - | - |
EBITDA | -31.57M 9.0% | -28.97M 9.5% | -26.46M 1428.4% | -1.73M 87.7% | -14.12M 20.0% | -11.76M 13.2% | -10.39M |
EBITDA Margin % | -394638.00% 9.0% | -362075.00% 2226.5% | -15563.00% 97168.8% | -16.00% | - | - | - |
Interest Expense | 0.00 | 0.00 100.0% | 3.97M 182.2% | 1.41M 0.6% | 1.42M 16.1% | 1.22M 60.4% | 761.00K |
Interest Income | 1.07M 26.6% | 1.46M 497.1% | 244.00K | 0.00 | 0.00 | 0.00 | 0.00 |
Other Income (Expense) | 1.07M 41.5% | 1.83M 144.2% | -4.13M 277.7% | -1.09M 38.0% | -1.76M 44.6% | -1.22M 60.4% | -761.00K |
Pre-Tax Income | -32.15M 7.6% | -29.87M 5.6% | -28.30M 589.0% | -4.11M 74.9% | -16.38M 20.0% | -13.64M 17.3% | -11.63M |
Pre-Tax Margin % | -401813.00% 7.6% | -373363.00% 2143.1% | -16645.00% 44886.5% | -37.00% | - | - | - |
Tax Provision | 0.00 | 0.00 | 0.00 100.0% | 1.10M | 0.00 | 0.00 | 0.00 |
Net Income | -32.15M 7.6% | -29.87M 5.6% | -28.30M 443.4% | -5.21M 70.7% | -17.80M 19.7% | -14.86M 27.8% | -11.63M |
Net Margin % | -401813.00% 7.6% | -373363.00% 2143.1% | -16645.00% 35314.9% | -47.00% | - | - | - |
Basic EPS | -0.86 9.5% | -0.95 18.1% | -1.16 452.4% | -0.21 72.0% | -0.75 19.0% | -0.63 28.6% | -0.49 |
Diluted EPS | -0.86 9.5% | -0.95 18.1% | -1.16 452.4% | -0.21 72.0% | -0.75 19.0% | -0.63 28.6% | -0.49 |
Basic Shares Outstanding | 37.18M 18.2% | 31.45M 28.7% | 24.43M 0.5% | 24.55M 4.0% | 23.62M 0.0% | 23.62M 0.0% | 23.62M |
Diluted Shares Outstanding | 37.18M 18.2% | 31.45M 28.7% | 24.43M 0.5% | 24.55M 4.0% | 23.62M 0.0% | 23.62M 0.0% | 23.62M |