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 Feb 25, 2026 | 2024 Dec 31, 2024 Feb 26, 2025 | 2023 Dec 31, 2023 Feb 28, 2024 | 2022 Dec 31, 2022 Mar 1, 2023 | 2021 Dec 31, 2021 Mar 3, 2022 | 2020 Dec 31, 2020 Mar 25, 2021 | 2019 Dec 31, 2019 Dec 31, 2019 | 2018 Dec 31, 2018 Dec 31, 2018 |
|---|
Total Revenue | 297.57M 4.1% | 310.20M 24.4% | 249.43M 73.5% | 143.74M 442.0% | 26.52M 11.9% | 30.11M 17.3% | 25.67M 8.5% | 23.65M |
Cost of Revenue | 6.21M 127.5% | 2.73M 163.4% | 1.04M 128.4% | 454.00K 99.4% | 73.23M 2.1% | 74.81M 25.2% | 99.99M | 0.00 |
Gross Profit | 291.36M 5.2% | 307.47M 23.8% | 248.39M 73.4% | 143.28M 406.8% | -46.71M 4.5% | -44.70M 39.9% | -74.32M 414.2% | 23.65M |
Gross Margin % | 98.00% 1.0% | 99.00% 1.0% | 100.00% 0.0% | 100.00% 156.8% | -176.00% 18.9% | -148.00% 49.0% | -290.00% 390.0% | 100.00% |
Research & Development | 204.47M 8.0% | 222.15M 35.8% | 163.54M 83.4% | 89.17M 21.8% | 73.23M 2.1% | 74.81M 25.2% | 99.99M 19.6% | 83.58M |
General & Administrative | 0.00 | 0.00 | 0.00 | 0.00 100.0% | 88.40M 93.3% | 45.74M 3.5% | 44.18M 29.4% | 34.16M |
Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
SG&A Expenses | 120.62M 22.6% | 155.78M 7.8% | 144.50M 54.2% | 93.72M 6.0% | 88.40M 93.3% | 45.74M 3.5% | 44.18M 29.4% | 34.16M |
Other Operating Expenses | 0.00 | 0.00 | 0.00 100.0% | -3.00K 105.3% | 57.00K 105.0% | -1.15M 719.5% | 185.00K | 0.00 |
Total Operating Expenses | 325.09M 14.0% | 377.93M 22.7% | 308.04M 68.4% | 182.89M 13.1% | 161.68M 35.4% | 119.40M 17.2% | 144.17M 22.5% | 117.73M |
Cost and Expenses | 331.31M 13.0% | 380.66M 23.2% | 309.08M 68.6% | 183.34M 13.4% | 161.68M 35.4% | 119.40M 17.2% | 144.17M 22.5% | 117.73M |
Operating Income | -33.74M 52.1% | -70.46M 18.1% | -59.65M 50.6% | -39.61M 70.7% | -135.16M 56.8% | -86.19M 27.2% | -118.32M 26.6% | -93.45M |
Operating Margin % | -11.00% 52.2% | -23.00% 4.2% | -24.00% 14.3% | -28.00% 94.5% | -510.00% 78.3% | -286.00% 38.0% | -461.00% 16.7% | -395.00% |
EBITDA | 387.18K 100.5% | -70.46M 36.4% | -51.65M 34.7% | -38.35M 77.0% | -166.72M 62.5% | -102.59M 9.4% | -113.18M 30.5% | -86.75M |
EBITDA Margin % | 0.00% 100.0% | -23.00% 9.5% | -21.00% 22.2% | -27.00% 95.7% | -629.00% 84.5% | -341.00% 22.7% | -441.00% 20.2% | -367.00% |
Interest Expense | 12.17M 35.4% | 18.84M 265.6% | 5.15M 4.7% | 5.41M 2.9% | 5.57M 79.3% | 3.11M 18.1% | 3.80M 350.8% | 842.00K |
Interest Income | 16.48M 35.7% | 25.62M 42.4% | 17.99M 378.9% | 3.76M 5678.5% | 65.00K 90.8% | 706.00K 49.4% | 1.40M 69.7% | 822.00K |
Other Income (Expense) | 19.53M 11.4% | 17.52M 1512.1% | -1.24M 121.4% | 5.79M 82.8% | 33.66M 2984.2% | -1.17M 85.2% | -7.87M 249.1% | 5.28M |
Pre-Tax Income | -14.21M 73.2% | -52.94M 13.1% | -60.89M 37.9% | -44.15M 68.7% | -140.93M 61.3% | -87.36M 30.8% | -126.19M 43.1% | -88.18M |
Pre-Tax Margin % | -5.00% 70.6% | -17.00% 29.2% | -24.00% 22.6% | -31.00% 94.2% | -531.00% 83.1% | -290.00% 41.1% | -492.00% 31.9% | -373.00% |
Tax Provision | 12.21M 760.0% | -1.85M 67.0% | -5.60M 91.8% | -2.92M 68.9% | -9.40M 29.1% | -13.27M 40.4% | -22.26M 34.5% | -16.55M |
Net Income | -26.42M 48.3% | -51.09M 7.6% | -55.29M 34.1% | -41.22M 68.7% | -131.52M 77.5% | -74.09M 28.7% | -103.93M 45.1% | -71.63M |
Net Margin % | -9.00% 43.8% | -16.00% 27.3% | -22.00% 24.1% | -29.00% 94.2% | -496.00% 101.6% | -246.00% 39.3% | -405.00% 33.7% | -303.00% |
Basic EPS | -0.53 48.0% | -1.02 9.7% | -1.13 25.6% | -0.90 71.0% | -3.10 33.0% | -2.33 38.8% | -3.81 45.4% | -2.62 |
Diluted EPS | -0.53 48.0% | -1.02 9.7% | -1.13 25.6% | -0.90 70.0% | -3.00 28.8% | -2.33 38.8% | -3.81 45.4% | -2.62 |
Basic Shares Outstanding | 50.35M 0.7% | 49.99M 2.3% | 48.89M 6.9% | 45.71M 7.6% | 42.49M 33.7% | 31.78M 16.4% | 27.31M 0.0% | 27.31M |
Diluted Shares Outstanding | 50.35M 0.7% | 49.99M 2.3% | 48.89M 6.9% | 45.71M 4.2% | 43.86M 38.0% | 31.78M 16.4% | 27.31M 0.0% | 27.31M |