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 24, 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 | 19.09M | 0.00 | 0.00 100.0% | 15.00M | 0.00 | 0.00 | 0.00 |
Cost of Revenue | 705.00K 1115.5% | 58.00K 97.6% | 2.41M 71.2% | 8.35M 1037.1% | 734.00K 506.6% | 121.00K | 0.00 |
Gross Profit | 18.38M 31794.8% | -58.00K 97.6% | -2.41M 136.2% | 6.65M 1006.5% | -734.00K 506.6% | -121.00K | 0.00 |
Gross Margin % | 96.00% | - | - 100.0% | 44.00% | - | - | - |
Research & Development | 18.67M 37.4% | 29.80M 0.2% | 29.73M 53.9% | 64.44M 69.9% | 37.93M 315.8% | 9.12M | 0.00 |
General & Administrative | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
SG&A Expenses | 90.85M 216.0% | 28.75M 29.8% | 40.97M 24.7% | 32.85M 50.9% | 21.78M 411.7% | 4.26M 14575.9% | 29.00K |
Other Operating Expenses | 0.00 | 0.00 | 0.00 100.0% | 19.00K | 0.00 | 0.00 | 0.00 |
Total Operating Expenses | 109.52M 87.0% | 58.55M 17.2% | 70.70M 27.3% | 97.29M 62.9% | 59.71M 346.3% | 13.38M 46034.5% | 29.00K |
Cost and Expenses | 110.23M 288.1% | -58.61M 180.2% | 73.11M 30.8% | 105.64M 74.8% | 60.44M 347.7% | 13.50M 46451.7% | 29.00K |
Operating Income | -91.14M 55.5% | -58.61M 19.8% | -73.11M 30.8% | -105.64M 74.8% | -60.44M 347.7% | -13.50M 46451.7% | -29.00K |
Operating Margin % | -477.00% | - | - 100.0% | -704.00% | - | - | - |
EBITDA | -81.34M 63.6% | -49.71M 59.3% | -122.24M 25.6% | -97.29M 38.9% | -70.03M 2.7% | -68.21M 235113.8% | -29.00K |
EBITDA Margin % | -426.00% | - | - 100.0% | -649.00% | - | - | - |
Interest Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 100.0% | 40.00K 50.0% | 80.00K |
Interest Income | 9.76M 14.1% | 8.55M 290.7% | 2.19M | 0.00 | 0.00 | 0.00 | 0.00 |
Other Income (Expense) | 9.51M 7.6% | 8.84M 117.2% | -51.54M 1223.6% | 4.59M 144.5% | -10.32M 81.2% | -54.87M 68491.3% | -80.00K |
Pre-Tax Income | -81.63M 64.0% | -49.77M 60.1% | -124.65M 23.4% | -101.05M 42.8% | -70.76M 3.5% | -68.37M 62627.5% | -109.00K |
Pre-Tax Margin % | -428.00% | - | - 100.0% | -674.00% | - | - | - |
Tax Provision | 502.00K 50100.0% | 1.00K 100.6% | -179.00K 151.6% | 347.00K 30.2% | 497.44K | 0.00 | 0.00 |
Net Income | -82.13M 65.0% | -49.77M 60.1% | -124.65M 23.4% | -101.05M 42.8% | -70.76M 3.5% | -68.37M 62627.5% | -109.00K |
Net Margin % | -430.00% | - | - 100.0% | -674.00% | - | - | - |
Basic EPS | -2.85 21.8% | -2.34 84.7% | -15.30 18.7% | -12.89 51.0% | -8.54 3.6% | -8.24 62800.8% | -0.01 |
Diluted EPS | -2.85 21.8% | -2.34 84.7% | -15.30 18.7% | -12.89 50.9% | -8.54 3.6% | -8.24 82300.0% | -0.01 |
Basic Shares Outstanding | 28.81M 35.4% | 21.28M 161.3% | 8.15M 3.9% | 7.84M 5.4% | 8.29M 0.1% | 8.30M 0.0% | 8.30M |
Diluted Shares Outstanding | 28.81M 35.4% | 21.28M 161.3% | 8.15M 3.9% | 7.84M 5.4% | 8.29M 0.1% | 8.30M 0.0% | 8.30M |