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 26, 2026 | 2024 Dec 31, 2024 Feb 27, 2025 | 2023 Dec 31, 2023 Mar 8, 2024 | 2022 Dec 31, 2022 Mar 10, 2023 | 2021 Dec 31, 2021 Mar 18, 2022 | 2020 Dec 31, 2020 Dec 31, 2020 | 2019 Dec 31, 2019 Dec 31, 2019 |
|---|
Total Revenue | 10.00M 5.6% | 10.59M 31.0% | 8.08M 6.1% | 8.61M 136.8% | 3.64M | 0.00 | 0.00 |
Cost of Revenue | 2.03M | 0.00 100.0% | 1.96M 132.5% | 841.00K 644.2% | 113.00K 769.2% | 13.00K 116.7% | 6.00K |
Gross Profit | 7.97M 6.5% | 8.53M 39.2% | 6.13M 21.1% | 7.77M 120.5% | 3.52M 27207.7% | -13.00K 116.7% | -6.00K |
Gross Margin % | 80.00% 1.2% | 81.00% 6.6% | 76.00% 15.6% | 90.00% 7.2% | 97.00% | - | - |
Research & Development | 125.90M 84.1% | 68.39M 24.5% | 54.92M 2.8% | 53.44M 103.7% | 26.24M 762.8% | 3.04M 1.4% | 3.00M |
General & Administrative | 41.77M 1.8% | 41.05M 57.0% | 26.14M 17.4% | 22.26M 115.5% | 10.33M 473.2% | 1.80M 133.4% | 772.00K |
Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
SG&A Expenses | 41.77M 1.8% | 41.05M 57.0% | 26.14M 17.4% | 22.26M 115.5% | 10.33M 473.2% | 1.80M 133.4% | 772.00K |
Other Operating Expenses | -2.03M | 0.00 | 0.00 100.0% | 4.03M 1468.9% | 257.00K | 0.00 | 0.00 |
Total Operating Expenses | 165.64M 51.4% | 109.44M 35.0% | 81.06M 7.1% | 75.70M 107.0% | 36.57M 655.0% | 4.84M 28.4% | 3.77M |
Cost and Expenses | 167.67M 53.2% | 109.44M 35.0% | 81.06M 7.1% | 75.70M 107.0% | 36.57M 655.0% | 4.84M 28.4% | 3.77M |
Operating Income | -157.67M 59.5% | -98.85M 35.4% | -72.98M 8.8% | -67.09M 103.7% | -32.93M 579.9% | -4.84M 28.4% | -3.77M |
Operating Margin % | -1577.00% 68.8% | -934.00% 3.4% | -903.00% 15.9% | -779.00% 13.9% | -905.00% | - | - |
EBITDA | -111.60M 12.9% | -98.85M 39.2% | -71.02M 7.2% | -66.25M 101.9% | -32.82M 579.4% | -4.83M 28.3% | -3.77M |
EBITDA Margin % | -1116.00% 19.5% | -934.00% 6.3% | -879.00% 14.3% | -769.00% 14.7% | -902.00% | - | - |
Interest Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 100.0% | 206.00K 11.6% | 233.00K |
Interest Income | 44.04M 47.5% | 29.85M 103.3% | 14.69M 264.2% | 4.03M 1468.9% | 257.00K 24.8% | 206.00K 11.6% | 233.00K |
Other Income (Expense) | 44.04M 47.5% | 29.85M 103.3% | 14.69M 264.2% | 4.03M 1468.9% | 257.00K 113.2% | -1.94M 733.0% | -233.00K |
Pre-Tax Income | -113.63M 64.7% | -68.99M 18.4% | -58.29M 7.6% | -63.06M 93.0% | -32.67M 381.6% | -6.78M 69.4% | -4.00M |
Pre-Tax Margin % | -1136.00% 74.2% | -652.00% 9.6% | -721.00% 1.5% | -732.00% 18.5% | -898.00% | - | - |
Tax Provision | 0.00 | 0.00 | 0.00 100.0% | -8.90M 7780.5% | -113.00K | 0.00 | 0.00 |
Net Income | -113.63M 64.7% | -68.99M 18.4% | -58.29M 7.6% | -54.15M 66.3% | -32.56M 519.6% | -5.25M 24.0% | -4.24M |
Net Margin % | -1136.00% 74.2% | -652.00% 9.6% | -721.00% 14.6% | -629.00% 29.7% | -895.00% | - | - |
Basic EPS | -1.83 43.0% | -1.28 3.0% | -1.32 0.8% | -1.31 65.8% | -0.79 507.7% | -0.13 30.0% | -0.10 |
Diluted EPS | -1.83 43.0% | -1.28 3.0% | -1.32 0.8% | -1.31 65.8% | -0.79 507.7% | -0.13 30.0% | -0.10 |
Basic Shares Outstanding | 61.97M 15.3% | 53.75M 22.1% | 44.02M 6.1% | 41.47M 0.5% | 41.24M 0.9% | 41.61M 0.0% | 41.61M |
Diluted Shares Outstanding | 61.97M 15.3% | 53.75M 22.1% | 44.02M 6.1% | 41.47M 0.5% | 41.24M 0.9% | 41.61M 0.0% | 41.61M |