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 3, 2026 | 2024 Dec 31, 2024 Mar 19, 2025 | 2023 Dec 31, 2023 Mar 28, 2024 | 2022 Dec 31, 2022 Mar 16, 2023 | 2021 Dec 31, 2021 Mar 28, 2022 | 2020 Dec 31, 2020 Mar 25, 2021 | 2019 Dec 31, 2019 Dec 31, 2019 | 2018 Dec 31, 2018 Dec 31, 2018 |
|---|
Total Revenue | 6.94M 23.2% | 9.04M 35.5% | 14.02M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Cost of Revenue | 2.96M | 0.00 | 0.00 100.0% | 631.00K 16.4% | 755.00K 0.0% | 755.00K 22.8% | 615.00K 18.0% | 521.00K |
Gross Profit | 3.99M 55.9% | 9.04M 35.5% | 14.02M 2321.6% | -631.00K 16.4% | -755.00K 0.0% | -755.00K 22.8% | -615.00K 18.0% | -521.00K |
Gross Margin % | 57.00% 43.0% | 100.00% 0.0% | 100.00% | - | - | - | - | - |
Research & Development | 174.33M 34.6% | 129.54M 461.1% | 23.09M 0.8% | 23.27M 64.9% | 14.11M 88.5% | 7.49M 15.2% | 8.82M 28.3% | 6.88M |
General & Administrative | 43.77M 32.8% | 32.95M 67.7% | 19.66M 44.2% | 13.63M 22.9% | 11.09M 132.3% | 4.78M 213.1% | 1.52M 76.1% | 866.00K |
Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
SG&A Expenses | 43.77M 32.8% | 32.95M 67.7% | 19.66M 44.2% | 13.63M 22.9% | 11.09M 132.3% | 4.78M 213.1% | 1.52M 76.1% | 866.00K |
Other Operating Expenses | 0.00 100.0% | 152.34M 88.5% | 80.80M | 0.00 100.0% | 503.00K | 0.00 | 0.00 | 0.00 |
Total Operating Expenses | 218.10M 30.7% | 314.84M 154.8% | 123.55M 234.8% | 36.90M 46.4% | 25.20M 105.6% | 12.26M 18.5% | 10.35M 33.6% | 7.74M |
Cost and Expenses | 221.05M 29.8% | 314.84M 154.8% | 123.55M 234.8% | 36.90M 46.4% | 25.20M 105.6% | 12.26M 18.5% | 10.35M 33.6% | 7.74M |
Operating Income | -214.11M 30.0% | -305.80M 179.2% | -109.53M 196.8% | -36.90M 46.4% | -25.20M 105.6% | -12.26M 18.5% | -10.35M 33.6% | -7.74M |
Operating Margin % | -3085.00% 8.8% | -3382.00% 333.0% | -781.00% | - | - | - | - | - |
EBITDA | -209.44M 38.4% | -151.35M 440.6% | -28.00M 22.8% | -36.27M 51.4% | -23.95M 40.5% | -17.04M 75.3% | -9.72M 35.4% | -7.18M |
EBITDA Margin % | -3017.00% 80.2% | -1674.00% 737.0% | -200.00% | - | - | - | - | - |
Interest Expense | 0.00 | 0.00 | 0.00 100.0% | 5.00K 50.0% | 10.00K 73.7% | 38.00K 64.2% | 106.00K 24.8% | 141.00K |
Interest Income | 11.72M 8.7% | 12.84M 371.3% | 2.72M 54380.0% | 5.00K 50.0% | 10.00K 900.0% | 1.00K 90.0% | 10.00K 74.4% | 39.00K |
Other Income (Expense) | 1.72M 86.6% | 12.84M 371.3% | 2.72M 54380.0% | 5.00K 99.0% | 493.00K 108.8% | -5.58M 5708.3% | -96.00K 5.9% | -102.00K |
Pre-Tax Income | -212.39M 27.5% | -292.96M 174.3% | -106.81M 189.5% | -36.90M 49.3% | -24.71M 38.5% | -17.84M 70.8% | -10.44M 33.1% | -7.84M |
Pre-Tax Margin % | -3060.00% 5.6% | -3240.00% 325.2% | -762.00% | - | - | - | - | - |
Tax Provision | 0.00 | 0.00 | 0.00 100.0% | 617.00K 355.0% | -242.00K 66.2% | -717.00K | 0.00 100.0% | 39.00K |
Net Income | -212.39M 27.5% | -292.96M 174.3% | -106.81M 184.7% | -37.51M 53.3% | -24.47M 42.9% | -17.12M 62.3% | -10.55M 34.5% | -7.84M |
Net Margin % | -3060.00% 5.6% | -3240.00% 325.2% | -762.00% | - | - | - | - | - |
Basic EPS | -2.43 51.4% | -5.00 7.1% | -5.38 74.1% | -3.09 45.8% | -2.12 25.4% | -1.69 8.2% | -1.84 74.4% | -7.18 |
Diluted EPS | -2.43 51.4% | -5.00 7.1% | -5.38 74.1% | -3.09 45.8% | -2.12 25.4% | -1.69 8.2% | -1.84 74.4% | -7.18 |
Basic Shares Outstanding | 87.35M 49.0% | 58.64M 195.5% | 19.84M 63.6% | 12.13M 5.1% | 11.54M 14.1% | 10.11M 76.0% | 5.74M 425.8% | 1.09M |
Diluted Shares Outstanding | 87.35M 49.0% | 58.64M 195.5% | 19.84M 63.6% | 12.13M 5.1% | 11.54M 14.1% | 10.11M 76.0% | 5.74M 425.8% | 1.09M |