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 18, 2026 | 2024 Dec 31, 2024 Mar 17, 2025 | 2023 Dec 31, 2023 Mar 22, 2024 | 2022 Dec 31, 2022 Mar 22, 2023 | 2021 Dec 31, 2021 Mar 25, 2022 | 2020 Dec 31, 2020 Mar 29, 2021 | 2019 Dec 31, 2019 Dec 31, 2019 |
|---|
Total Revenue | 13.56M 5.2% | 12.89M 16.8% | 11.03M 61.9% | 6.81M 355.5% | 1.50M 408.8% | 294.00K | 0.00 |
Cost of Revenue | 6.81M 2.7% | 7.00M 11.5% | 6.28M 6.2% | 5.91M 121.8% | 2.66M 245.4% | 771.00K | 0.00 |
Gross Profit | 6.75M 14.6% | 5.89M 23.8% | 4.76M 424.5% | 907.00K 177.7% | -1.17M 144.7% | -477.00K | 0.00 |
Gross Margin % | 50.00% 8.7% | 46.00% 7.0% | 43.00% 230.8% | 13.00% 116.7% | -78.00% 51.9% | -162.00% | - |
Research & Development | 17.45M 22.4% | 22.50M 0.0% | 22.49M 20.1% | 28.16M 9.0% | 25.84M 77.1% | 14.59M 9.0% | 13.39M |
General & Administrative | 16.25M 7.1% | 17.49M 13.7% | 20.28M 37.4% | 32.41M 17.9% | 27.50M 364.4% | 5.92M 1.9% | 5.81M |
Selling & Marketing | 10.13M 11.1% | 9.12M 9.7% | 10.10M 28.9% | 14.22M 37.2% | 10.36M 314.5% | 2.50M 225.5% | 768.00K |
SG&A Expenses | 26.39M 0.9% | 26.62M 12.4% | 30.38M 34.8% | 46.63M 23.2% | 37.86M 349.6% | 8.42M 28.0% | 6.58M |
Other Operating Expenses | 0.00 | 0.00 | 0.00 100.0% | -51.00K 5000.0% | -1.00K 83.3% | -6.00K 92.2% | -77.00K |
Total Operating Expenses | 43.84M 10.7% | 49.12M 7.1% | 52.87M 29.3% | 74.78M 17.4% | 63.70M 176.8% | 23.01M 15.3% | 19.97M |
Cost and Expenses | 50.65M 9.7% | 56.11M 5.1% | 59.15M 26.7% | 80.69M 21.6% | 66.36M 179.0% | 23.79M 19.1% | 19.97M |
Operating Income | -37.09M 14.2% | -43.22M 10.2% | -48.12M 34.9% | -73.87M 13.9% | -64.87M 176.1% | -23.49M 17.6% | -19.97M |
Operating Margin % | -273.00% 18.5% | -335.00% 23.2% | -436.00% 59.8% | -1084.00% 75.0% | -4336.00% 45.7% | -7990.00% | - |
EBITDA | -33.37M 20.9% | -42.22M 10.3% | -47.06M 35.4% | -72.86M 13.6% | -64.14M 176.5% | -23.20M 17.0% | -19.83M |
EBITDA Margin % | -246.00% 25.0% | -328.00% 23.2% | -427.00% 60.1% | -1069.00% 75.1% | -4288.00% 45.7% | -7892.00% | - |
Interest Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Interest Income | 1.02M 58.9% | 2.49M 35.1% | 3.84M 404.9% | 761.00K 4127.8% | 18.00K 74.3% | 70.00K 88.9% | 630.00K |
Other Income (Expense) | 1.51M 39.7% | 2.50M 35.4% | 3.88M 446.1% | 710.00K 4076.5% | 17.00K 73.4% | 64.00K 88.4% | 553.00K |
Pre-Tax Income | -35.57M 12.6% | -40.72M 8.0% | -44.24M 39.5% | -73.16M 12.8% | -64.85M 176.8% | -23.43M 20.7% | -19.41M |
Pre-Tax Margin % | -262.00% 17.1% | -316.00% 21.2% | -401.00% 62.7% | -1074.00% 75.2% | -4335.00% 45.6% | -7968.00% | - |
Tax Provision | 0.00 | 0.00 | 0.00 100.0% | -710.00K 3844.4% | -18.00K 74.3% | -70.00K | 0.00 |
Net Income | -35.57M 12.6% | -40.72M 8.0% | -44.24M 38.9% | -72.45M 11.8% | -64.83M 177.6% | -23.36M 24.3% | -18.79M |
Net Margin % | -262.00% 17.1% | -316.00% 21.2% | -401.00% 62.3% | -1063.00% 75.5% | -4334.00% 45.4% | -7945.00% | - |
Basic EPS | -0.43 23.2% | -0.56 9.7% | -0.62 39.8% | -1.03 12.0% | -0.92 1.1% | -0.93 77.1% | -4.06 |
Diluted EPS | -0.43 23.2% | -0.56 9.7% | -0.62 39.8% | -1.03 12.0% | -0.92 1.1% | -0.93 77.1% | -4.06 |
Basic Shares Outstanding | 94.20M 30.1% | 72.41M 1.5% | 71.32M 1.2% | 70.45M 0.2% | 70.33M 179.1% | 25.20M 444.9% | 4.62M |
Diluted Shares Outstanding | 94.20M 30.1% | 72.41M 1.5% | 71.32M 1.2% | 70.45M 0.2% | 70.33M 179.1% | 25.20M 444.9% | 4.62M |