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 19, 2025 | 2023 Dec 31, 2023 Mar 14, 2024 | 2022 Dec 31, 2022 Mar 16, 2023 | 2021 Dec 31, 2021 Mar 17, 2022 | 2020 Dec 31, 2020 Dec 31, 2020 | 2019 Dec 31, 2019 Dec 31, 2019 |
|---|
Total Revenue | 109.16M 1556.8% | 6.59M 194.8% | 2.23M 57.0% | 5.20M | 0.00 | 0.00 | 0.00 |
Cost of Revenue | 13.10M | 0.00 | 0.00 100.0% | 10.07M 119.8% | 4.58M 161.2% | 1.75M 604.4% | 249.00K |
Gross Profit | 96.06M 1357.9% | 6.59M 194.8% | 2.23M 145.9% | -4.87M 6.3% | -4.58M 161.2% | -1.75M 604.4% | -249.00K |
Gross Margin % | 88.00% 12.0% | 100.00% 0.0% | 100.00% 206.4% | -94.00% | - | - | - |
Research & Development | 95.67M 10.8% | 107.24M 15.7% | 92.71M 13.5% | 107.17M 41.7% | 75.65M 90.6% | 39.68M 178.2% | 14.27M |
General & Administrative | 24.00M 27.6% | 33.16M 4.5% | 34.71M 8.9% | 31.86M 65.6% | 19.23M 102.6% | 9.49M 64.6% | 5.77M |
Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
SG&A Expenses | 24.00M 27.6% | 33.16M 4.5% | 34.71M 8.9% | 31.86M 65.6% | 19.23M 102.6% | 9.49M 64.6% | 5.77M |
Other Operating Expenses | -8.57M 298.0% | 4.33M 79.7% | 21.36M 383.4% | 4.42M 1072.4% | 377.00K 46.4% | 704.00K 41.8% | 1.21M |
Total Operating Expenses | 111.10M 23.2% | 144.73M 2.7% | 148.78M 7.0% | 139.03M 46.5% | 94.88M 92.9% | 49.18M 145.5% | 20.03M |
Cost and Expenses | 124.20M 14.2% | 144.73M 2.7% | 148.78M 7.0% | 139.03M 46.5% | 94.88M 92.9% | 49.18M 145.5% | 20.03M |
Operating Income | -15.04M 89.1% | -138.14M 5.7% | -146.55M 9.5% | -133.83M 41.0% | -94.88M 76.0% | -53.90M 78.1% | -245.98M |
Operating Margin % | -14.00% 99.3% | -2096.00% 68.0% | -6557.00% 154.7% | -2574.00% | - | - | - |
EBITDA | 3.45M 103.1% | -111.47M 8.0% | -121.21M 1.6% | -119.34M 32.7% | -89.92M 74.8% | -51.44M 160.0% | -19.78M |
EBITDA Margin % | 3.00% 100.2% | -1692.00% 68.8% | -5423.00% 136.3% | -2295.00% | - | - | - |
Interest Expense | 0.00 | 0.00 100.0% | 540.00K 51.1% | 1.10M 13.3% | 1.27M 234.6% | 381.00K | 0.00 |
Interest Income | 7.35M 43.5% | 13.01M 2.6% | 12.68M 324.0% | 2.99M 233.0% | 898.00K 27.6% | 704.00K 41.8% | 1.21M |
Other Income (Expense) | 5.39M 59.6% | 13.36M 13.7% | 11.75M 293.1% | 2.99M 433.0% | -898.00K 378.0% | 323.00K 73.3% | 1.21M |
Pre-Tax Income | -9.65M 92.3% | -124.78M 7.4% | -134.79M 3.0% | -130.84M 36.6% | -95.78M 78.8% | -53.58M 78.1% | -244.77M |
Pre-Tax Margin % | -9.00% 99.5% | -1894.00% 68.6% | -6031.00% 139.6% | -2517.00% | - | - | - |
Tax Provision | -68.00K 103.8% | 1.79M 4.8% | 1.88M 1967.0% | 91.00K 111.6% | 43.00K | 0.00 100.0% | 1.21M |
Net Income | -9.58M 92.4% | -126.57M 7.4% | -136.67M 4.4% | -130.93M 36.6% | -95.82M 75.3% | -54.66M 77.8% | -245.98M |
Net Margin % | -9.00% 99.5% | -1921.00% 68.6% | -6115.00% 142.9% | -2518.00% | - | - | - |
Basic EPS | -0.11 93.2% | -1.61 30.0% | -2.30 1.3% | -2.27 30.5% | -1.74 74.0% | -1.00 77.7% | -4.49 |
Diluted EPS | -0.11 93.2% | -1.61 30.0% | -2.30 1.3% | -2.27 30.5% | -1.74 74.0% | -1.00 77.7% | -4.49 |
Basic Shares Outstanding | 86.56M 10.1% | 78.65M 32.6% | 59.31M 2.7% | 57.76M 5.0% | 55.01M 0.3% | 54.82M 0.0% | 54.82M |
Diluted Shares Outstanding | 86.56M 10.1% | 78.65M 32.6% | 59.31M 2.7% | 57.76M 5.0% | 55.01M 0.3% | 54.82M 0.0% | 54.82M |