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 5, 2026 | 2024 Dec 31, 2024 Mar 10, 2025 | 2023 Dec 31, 2023 Mar 7, 2024 | 2022 Dec 31, 2022 Mar 9, 2023 | 2021 Dec 31, 2021 Mar 10, 2022 | 2020 Dec 31, 2020 Mar 11, 2021 | 2019 Dec 31, 2019 Apr 28, 2020 | 2018 Dec 31, 2018 Mar 14, 2019 |
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Total Revenue | 14.56M 53.2% | 9.50M 6.2% | 8.95M 39.2% | 14.70M 277.4% | 3.90M 404.0% | 773.00K 47.7% | 1.48M 4.4% | 1.42M 21.0% |
Cost of Revenue | 845.00K 153.0% | 334.00K 50.2% | 671.00K 7.8% | 728.00K 48.9% | 1.43M 270.4% | 385.00K 6.6% | 412.00K 36.4% | 302.00K 79.8% |
Gross Profit | 13.71M 49.6% | 9.16M 10.8% | 8.27M 40.8% | 13.97M 465.8% | 2.47M 536.6% | 388.00K 63.6% | 1.07M 4.3% | 1.11M 31.4% |
Gross Margin % | 94.00% 2.1% | 96.00% 4.3% | 92.00% 3.2% | 95.00% 50.8% | 63.00% 26.0% | 50.00% 30.6% | 72.00% 8.9% | 79.00% 13.2% |
Research & Development | 17.73M 42.2% | 12.47M 20.6% | 15.71M 12.3% | 13.99M 58.8% | 33.91M 175.3% | 12.32M 31.4% | 17.95M 14.3% | 20.95M 12.8% |
General & Administrative | 18.46M 1.6% | 18.17M 5.0% | 17.30M 23.1% | 22.51M 23.6% | 18.21M 17.0% | 15.57M 35.2% | 24.03M 2.8% | 24.73M 24.1% |
Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
SG&A Expenses | 18.46M 1.6% | 18.17M 5.0% | 17.30M 23.1% | 22.51M 23.6% | 18.21M 17.0% | 15.57M 35.2% | 24.03M 2.8% | 24.73M 24.1% |
Other Operating Expenses | -699.00K | 0.00 | 0.00 | 0.00 100.0% | -445.00K 57.7% | -1.05M 48.3% | -2.04M 54.9% | -1.31M 190.8% |
Total Operating Expenses | 35.49M 15.8% | 30.64M 7.2% | 33.01M 9.6% | 36.49M 29.4% | 51.68M 92.6% | 26.84M 32.8% | 39.94M 5.1% | 42.11M 0.4% |
Cost and Expenses | 36.34M 17.3% | 30.98M 8.0% | 33.68M 9.5% | 37.22M 29.9% | 53.11M 95.1% | 27.22M 32.5% | 40.35M 4.9% | 42.41M 0.1% |
Operating Income | -21.78M 1.4% | -21.48M 13.2% | -24.73M 9.8% | -22.52M 54.2% | -49.21M 86.1% | -26.45M 32.0% | -38.88M 7.0% | -41.80M 7.4% |
Operating Margin % | -150.00% 33.6% | -226.00% 18.4% | -277.00% 81.0% | -153.00% 87.9% | -1263.00% 63.1% | -3421.00% 30.1% | -2630.00% 10.9% | -2952.00% 36.0% |
EBITDA | -67.95M 225.6% | -20.87M 13.2% | -24.04M 10.3% | -21.79M 54.9% | -48.34M 98.0% | -24.41M 37.2% | -38.88M 3.1% | -37.72M 1.0% |
EBITDA Margin % | -467.00% 112.3% | -220.00% 18.2% | -269.00% 81.8% | -148.00% 88.1% | -1241.00% 60.7% | -3158.00% 20.1% | -2630.00% 1.3% | -2664.00% 27.8% |
Interest Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 100.0% | 10.87M 1471.1% |
Interest Income | 1.69M 1.4% | 1.72M 5.3% | 1.63M 96.5% | 829.00K 41350.0% | 2.00K 99.8% | 1.04M 38.3% | 1.69M | 0.00 |
Other Income (Expense) | -46.87M 1718.4% | 2.90M 99.6% | 1.45M 144.1% | -3.29M 155.4% | 5.94M 31.4% | 4.52M 77.0% | 19.64M 468.2% | -5.33M 134.2% |
Pre-Tax Income | -68.65M 269.4% | -18.58M 20.2% | -23.28M 9.8% | -25.81M 40.3% | -43.27M 97.4% | -21.92M 14.0% | -19.23M 59.2% | -47.13M 102.4% |
Pre-Tax Margin % | -472.00% 140.8% | -196.00% 24.6% | -260.00% 47.7% | -176.00% 84.2% | -1111.00% 60.8% | -2836.00% 118.0% | -1301.00% 60.9% | -3328.00% 156.0% |
Tax Provision | -5.11M 19040.7% | 27.00K 101.5% | -1.80M 433.3% | 541.00K 111.5% | -4.71M 279.8% | -1.24M 83.3% | -7.41M 2040.8% | -346.00K |
Net Income | -63.53M 241.4% | -18.61M 13.4% | -21.49M 18.5% | -26.35M 31.7% | -38.56M 86.4% | -20.68M 74.9% | -11.83M 74.3% | -45.99M 130.2% |
Net Margin % | -436.00% 122.4% | -196.00% 18.3% | -240.00% 34.1% | -179.00% 81.9% | -990.00% 63.0% | -2676.00% 234.5% | -800.00% 75.4% | -3248.00% 191.3% |
Basic EPS | -0.28 211.1% | -0.09 25.0% | -0.12 25.0% | -0.16 30.4% | -0.23 64.3% | -0.14 72.2% | -0.08 77.4% | -0.36 111.8% |
Diluted EPS | -0.28 211.1% | -0.09 25.0% | -0.12 25.0% | -0.16 30.4% | -0.23 64.3% | -0.14 75.0% | -0.08 77.8% | -0.36 111.8% |
Basic Shares Outstanding | 230.12M 14.9% | 200.19M 15.9% | 172.66M 1.7% | 169.79M 3.2% | 164.50M 9.6% | 150.04M 3.1% | 145.53M 14.7% | 126.90M 10.9% |
Diluted Shares Outstanding | 230.12M 14.9% | 200.19M 15.9% | 172.66M 1.7% | 169.79M 3.2% | 164.50M 9.6% | 150.04M 3.1% | 145.53M 14.7% | 126.90M 10.9% |