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 Dec 31, 2024 | 2023 Dec 31, 2023 Dec 31, 2023 | 2022 Dec 31, 2022 Dec 31, 2022 | 2021 Dec 31, 2021 Dec 31, 2021 | 2020 Dec 31, 2020 Dec 31, 2020 | 2019 Dec 31, 2019 Dec 31, 2019 |
|---|
Total Revenue | 14.20M 29.1% | 10.99M 42.3% | 19.05M 52.2% | 39.85M 6665.7% | 589.00K | 0.00 | 0.00 |
Cost of Revenue | 0.00 100.0% | 10.00K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Gross Profit | 14.20M 29.3% | 10.98M 42.3% | 19.05M 52.2% | 39.85M 6665.7% | 589.00K | 0.00 | 0.00 |
Gross Margin % | 100.00% 0.0% | 100.00% 0.0% | 100.00% 0.0% | 100.00% 0.0% | 100.00% | - | - |
Research & Development | 30.81M 14.8% | 26.85M 52.1% | 17.65M 23.0% | 14.36M 5.4% | 15.17M 128.2% | 6.65M 180.2% | 2.37M |
General & Administrative | 21.98M 20.7% | 18.21M 52.3% | 11.96M 64.5% | 7.27M 10.5% | 8.12M 188.2% | 2.82M 54.8% | 1.82M |
Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
SG&A Expenses | 21.98M 20.7% | 18.21M 52.3% | 11.96M 64.5% | 7.27M 10.5% | 8.12M 188.2% | 2.82M 54.8% | 1.82M |
Other Operating Expenses | 0.00 100.0% | 28.00M | 0.00 | 0.00 | 0.00 100.0% | 10.50M | 0.00 |
Total Operating Expenses | 52.80M 27.7% | 73.07M 146.7% | 29.61M 36.9% | 21.62M 7.2% | 23.29M 16.7% | 19.97M 376.2% | 4.19M |
Cost and Expenses | 52.80M 27.7% | 73.07M 146.7% | 29.61M 36.9% | 21.62M 7.2% | 23.29M 16.7% | 19.97M 376.2% | 4.19M |
Operating Income | -38.60M 37.8% | -62.07M 487.7% | -10.56M 158.0% | 18.23M 180.3% | -22.70M 13.7% | -19.97M 376.2% | -4.19M |
Operating Margin % | -272.00% 51.9% | -565.00% 927.3% | -55.00% 219.6% | 46.00% 101.2% | -3855.00% | - | - |
EBITDA | -48.07M 16.4% | -57.52M 477.1% | -9.97M 154.7% | 18.22M 132.1% | -56.69M 219.1% | -17.77M 273.4% | -4.76M |
EBITDA Margin % | -339.00% 35.2% | -523.00% 905.8% | -52.00% 213.0% | 46.00% 100.5% | -9624.00% | - | - |
Interest Expense | 1.47M | 0.00 | 0.00 100.0% | 9.00K 350.0% | 2.00K 100.0% | 6.85M 385.9% | 1.41M |
Interest Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Other Income (Expense) | -10.99M 342.0% | 4.54M 671.1% | 589.00K 2660.9% | -23.00K 99.9% | -33.99M 630.6% | -4.65M 135.4% | -1.98M |
Pre-Tax Income | -49.59M 13.8% | -57.53M 476.8% | -9.97M 154.8% | 18.20M 132.1% | -56.69M 130.3% | -24.62M 299.1% | -6.17M |
Pre-Tax Margin % | -349.00% 33.3% | -523.00% 905.8% | -52.00% 213.0% | 46.00% 100.5% | -9625.00% | - | - |
Tax Provision | 0.00 | 0.00 100.0% | 12.00K 96.2% | 315.00K | 0.00 | 0.00 | 0.00 |
Net Income | -49.59M 13.8% | -57.53M 476.1% | -9.99M 155.8% | 17.89M 131.6% | -56.69M 130.3% | -24.62M 299.1% | -6.17M |
Net Margin % | -349.00% 33.3% | -523.00% 905.8% | -52.00% 215.6% | 45.00% 100.5% | -9625.00% | - | - |
Basic EPS | -0.80 62.8% | -2.15 367.4% | -0.46 151.1% | 0.90 123.6% | -3.82 27.7% | -5.28 506.9% | -0.87 |
Diluted EPS | -0.80 62.8% | -2.15 367.4% | -0.46 152.9% | 0.87 122.8% | -3.82 27.7% | -5.28 506.9% | -0.87 |
Basic Shares Outstanding | 622.22M 2229.1% | 26.72M 23.7% | 21.59M 8.3% | 19.93M 34.2% | 14.85M 218.7% | 4.66M 34.3% | 7.09M |
Diluted Shares Outstanding | 622.22M 2229.1% | 26.72M 23.7% | 21.59M 4.8% | 20.60M 38.7% | 14.85M 218.7% | 4.66M 34.3% | 7.09M |