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 12, 2026 | 2024 Dec 31, 2024 Mar 5, 2025 | 2023 Dec 31, 2023 Dec 31, 2023 | 2022 Dec 31, 2022 Dec 31, 2022 | 2021 Dec 31, 2021 Jan 2, 2022 | 2020 Dec 31, 2020 Dec 31, 2020 | 2019 Dec 31, 2019 Dec 31, 2019 | 2018 Dec 31, 2018 Dec 31, 2018 |
|---|
Total Revenue | 147.17M 17.2% | 125.59M 34.9% | 93.11M 67.6% | 55.55M 280.2% | 14.61M | 0.00 | 0.00 | 0.00 |
Cost of Revenue | 209.75M 3.0% | 203.62M 7.9% | 188.72M 9.7% | 172.00M 50.1% | 114.61M | 0.00 100.0% | 10.31M 26.8% | 14.08M |
Gross Profit | -62.57M 19.8% | -78.02M 18.4% | -95.61M 17.9% | -116.45M 16.4% | -100.00M | 0.00 100.0% | -10.31M 26.8% | -14.08M |
Gross Margin % | -43.00% 30.6% | -62.00% 39.8% | -103.00% 51.0% | -210.00% 69.3% | -684.00% | - | - | - |
Research & Development | 195.79M 39.3% | 322.38M 4.8% | 338.75M 2.8% | 329.58M 28.4% | 460.21M 138.6% | 192.91M 24.8% | 154.58M 24.0% | 203.38M |
General & Administrative | 159.10M 25.6% | 213.86M 6.8% | 200.27M 15.0% | 174.11M 3.6% | 180.53M 64.1% | 110.03M 36.0% | 80.90M | 0.00 |
Selling & Marketing | 116.69M 24.2% | 153.96M 5.1% | 162.29M 32.7% | 122.33M 128.5% | 53.53M 297.3% | 13.47M 75.5% | 7.68M | 0.00 |
SG&A Expenses | 275.80M 25.0% | 367.82M 1.5% | 362.56M 22.3% | 296.44M 58.0% | 705.13M 470.9% | 123.51M 39.4% | 88.58M 37.7% | 64.34M |
Other Operating Expenses | 0.00 100.0% | 1.42B 97.8% | 718.47M 301976.5% | -238.00K | 0.00 | 0.00 100.0% | -1.82M | 0.00 |
Total Operating Expenses | 471.59M 79.1% | 2.25B 58.6% | 1.42B 126.8% | 626.01M 46.3% | 1.17B 266.2% | 318.26M 30.9% | 243.16M 9.2% | 267.72M |
Cost and Expenses | 681.34M 70.6% | 2.31B 43.9% | 1.61B 101.6% | 798.01M 37.7% | 1.28B 302.2% | 318.26M 25.6% | 253.46M 10.1% | 281.80M |
Operating Income | -534.16M 75.6% | -2.19B 44.5% | -1.52B 104.1% | -742.46M 41.3% | -1.27B 300.1% | -316.30M 24.8% | -253.46M 10.1% | -281.80M |
Operating Margin % | -363.00% 79.2% | -1743.00% 7.1% | -1628.00% 21.8% | -1337.00% 84.6% | -8660.00% | - | - | - |
EBITDA | -378.16M 38.0% | -610.17M 1.7% | -620.90M 7.9% | -575.57M 52.3% | -1.21B 290.9% | -308.73M 27.0% | -243.14M 9.8% | -269.42M |
EBITDA Margin % | -257.00% 47.1% | -486.00% 27.1% | -667.00% 35.6% | -1036.00% 87.5% | -8259.00% | - | - | - |
Interest Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Interest Income | 28.65M 7.2% | 26.73M 236.1% | 7.95M 357.1% | 1.74M 424.1% | 332.00K 94.6% | 6.14M 50.6% | 12.43M 1.0% | 12.55M |
Other Income (Expense) | -341.00K 101.3% | 26.80M 245.9% | 7.75M 415.7% | 1.50M 1568.9% | 90.00K 97.8% | 4.17M 50.4% | 8.41M 28.2% | 6.56M |
Pre-Tax Income | -534.50M 75.3% | -2.16B 43.4% | -1.51B 72.3% | -5.44B 330.1% | -1.27B 305.4% | -312.12M 27.4% | -245.05M 11.0% | -275.23M |
Pre-Tax Margin % | -363.00% 78.9% | -1722.00% 6.4% | -1619.00% 83.5% | -9795.00% 13.1% | -8659.00% | - | - | - |
Tax Provision | -126.15M 6.8% | -135.36M 222.7% | -41.95M 0.8% | -42.29M 142.0% | -17.48M 53060.6% | 33.00K 116.9% | -195.00K 140.2% | 485.00K |
Net Income | -408.35M 79.9% | -2.03B 38.3% | -1.47B 72.9% | -5.40B 332.7% | -1.25B 299.7% | -312.16M 27.5% | -244.85M 11.2% | -275.72M |
Net Margin % | -277.00% 82.8% | -1614.00% 2.5% | -1574.00% 83.8% | -9719.00% 13.8% | -8539.00% | - | - | - |
Basic EPS | -11.11 82.5% | -63.54 34.6% | -47.20 72.9% | -173.87 332.7% | -40.18 1494.4% | -2.52 26.6% | -1.99 17.8% | -2.42 |
Diluted EPS | -11.11 82.5% | -63.54 34.6% | -47.20 72.9% | -173.87 332.7% | -40.18 1494.4% | -2.52 26.6% | -1.99 17.8% | -2.42 |
Basic Shares Outstanding | 36.75M 15.2% | 31.90M 2.7% | 31.05M 0.0% | 31.05M 0.0% | 31.05M 74.9% | 123.67M 0.4% | 123.19M 7.9% | 114.14M |
Diluted Shares Outstanding | 36.75M 15.2% | 31.90M 2.7% | 31.05M 0.0% | 31.05M 0.0% | 31.05M 74.9% | 123.67M 0.4% | 123.19M 7.9% | 114.14M |