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 Feb 22, 2024 | 2022 Dec 31, 2022 Feb 23, 2023 | 2021 Dec 31, 2021 Feb 24, 2022 | 2020 Dec 31, 2020 Mar 11, 2021 | 2019 Dec 31, 2019 Dec 31, 2019 | 2018 Dec 31, 2018 Dec 31, 2018 |
|---|
Total Revenue | 39.20M 16.7% | 47.07M 40.1% | 78.59M 67.8% | 46.83M 35.7% | 72.83M 114.0% | 34.03M 1060.0% | 2.93M | 0.00 |
Cost of Revenue | 0.00 | 0.00 | 0.00 100.0% | 2.98M 24.2% | 2.40M 96.1% | 62.10M 7427.9% | 825.00K 302.4% | 205.00K |
Gross Profit | 39.20M 16.7% | 47.07M 40.1% | 78.59M 79.2% | 43.85M 37.7% | 70.44M 350.9% | -28.07M 1431.0% | 2.11M 1128.8% | -205.00K |
Gross Margin % | 100.00% 0.0% | 100.00% 0.0% | 100.00% 6.4% | 94.00% 3.1% | 97.00% 218.3% | -82.00% 213.9% | 72.00% | - |
Research & Development | 316.60M 31.8% | 240.25M 27.1% | 189.08M 15.1% | 164.25M 19.9% | 137.02M 120.6% | 62.10M 67.1% | 37.16M 110.2% | 17.68M |
General & Administrative | 68.20M 7.3% | 63.53M 15.4% | 55.04M 25.6% | 43.83M 20.6% | 36.34M 99.3% | 18.23M 128.5% | 7.98M 111.6% | 3.77M |
Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
SG&A Expenses | 68.20M 7.3% | 63.53M 15.4% | 55.04M 25.6% | 43.83M 20.6% | 36.34M 99.3% | 18.23M 128.5% | 7.98M 111.6% | 3.77M |
Other Operating Expenses | 3.80M 22.8% | 4.92M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Total Operating Expenses | 388.60M 25.9% | 308.71M 26.5% | 244.12M 17.3% | 208.08M 20.0% | 173.36M 115.8% | 80.34M 78.0% | 45.14M 110.4% | 21.45M |
Cost and Expenses | 388.60M 25.9% | 308.71M 26.5% | 244.12M 17.3% | 208.08M 20.0% | 173.36M 115.8% | 80.34M 78.0% | 45.14M 110.4% | 21.45M |
Operating Income | -349.40M 33.5% | -261.63M 58.1% | -165.53M 2.7% | -161.26M 60.4% | -100.53M 117.1% | -46.30M 9.7% | -42.20M 96.8% | -21.45M |
Operating Margin % | -891.00% 60.3% | -556.00% 163.5% | -211.00% 38.7% | -344.00% 149.3% | -138.00% 1.5% | -136.00% 90.5% | -1438.00% | - |
EBITDA | -303.06M 40.2% | -216.24M 51.0% | -143.20M 5.6% | -151.66M 55.3% | -97.64M 123.4% | -43.72M 8.3% | -40.38M 90.0% | -21.25M |
EBITDA Margin % | -773.00% 68.4% | -459.00% 152.2% | -182.00% 43.8% | -324.00% 141.8% | -134.00% 4.7% | -128.00% 90.7% | -1376.00% | - |
Interest Expense | 249.00K 0.0% | 249.00K 27.0% | 196.00K 11.4% | 176.00K 0.6% | 175.00K 52.2% | 115.00K 150.0% | 46.00K 187.5% | 16.00K |
Interest Income | 38.03M 0.0% | 38.03M 102.7% | 18.76M 183.3% | 6.62M 1257.4% | 488.00K 40.9% | 826.00K 17.8% | 1.00M | 0.00 |
Other Income (Expense) | 37.78M 0.0% | 37.78M 103.5% | 18.57M 188.0% | 6.45M 1960.1% | 313.00K 56.0% | 711.00K 25.9% | 959.00K 6093.8% | -16.00K |
Pre-Tax Income | -311.62M 39.2% | -223.86M 52.3% | -146.96M 5.1% | -154.81M 54.5% | -100.22M 119.8% | -45.59M 10.5% | -41.25M 92.1% | -21.47M |
Pre-Tax Margin % | -795.00% 67.0% | -476.00% 154.5% | -187.00% 43.5% | -331.00% 139.9% | -138.00% 3.0% | -134.00% 90.5% | -1406.00% | - |
Tax Provision | 0.00 | 0.00 | 0.00 100.0% | -2.98M 34.0% | -2.22M 34.8% | -1.65M 3682.6% | 46.00K 4.9% | 43.86K |
Net Income | -311.40M 39.1% | -223.86M 52.3% | -146.96M 3.2% | -151.83M 54.9% | -98.00M 123.0% | -43.95M 6.4% | -41.29M 92.4% | -21.47M |
Net Margin % | -794.00% 66.8% | -476.00% 154.5% | -187.00% 42.3% | -324.00% 140.0% | -135.00% 4.7% | -129.00% 90.8% | -1407.00% | - |
Basic EPS | -3.69 23.8% | -2.98 18.3% | -2.52 10.6% | -2.82 38.2% | -2.04 106.1% | -0.99 6.5% | -0.93 93.8% | -0.48 |
Diluted EPS | -3.69 23.8% | -2.98 18.3% | -2.52 10.6% | -2.82 38.2% | -2.04 106.1% | -0.99 6.5% | -0.93 93.8% | -0.48 |
Basic Shares Outstanding | 84.39M 12.5% | 75.04M 28.6% | 58.37M 8.2% | 53.93M 12.4% | 47.99M 7.7% | 44.56M 0.1% | 44.53M 0.0% | 44.53M |
Diluted Shares Outstanding | 84.39M 12.5% | 75.04M 28.6% | 58.37M 8.2% | 53.93M 12.4% | 47.99M 7.7% | 44.56M 0.1% | 44.53M 0.0% | 44.53M |