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 20, 2026 | 2024 Dec 31, 2024 Mar 28, 2025 | 2023 Dec 31, 2023 Feb 29, 2024 | 2022 Dec 31, 2022 Mar 1, 2023 | 2021 Dec 31, 2021 Mar 1, 2022 | 2020 Dec 31, 2020 Mar 31, 2021 | 2019 Dec 31, 2019 Mar 16, 2020 | 2018 Dec 31, 2018 Mar 18, 2019 |
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Total Revenue | 236.85K 147.7% | 95.61K 136.1% | 40.50K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Cost of Revenue | 2.12M 28507.8% | 7.39K 194.3% | 2.51K 99.8% | 1.05M 19.0% | 878.52K 12.0% | 784.42K 12.3% | 698.69K 50.0% | 465.80K 42.9% |
Gross Profit | -1.88M 2229.8% | 88.21K 132.2% | 37.99K 103.6% | -1.05M 19.0% | -878.52K 12.0% | -784.42K 12.3% | -698.69K 50.0% | -465.80K 42.9% |
Gross Margin % | -793.00% 962.0% | 92.00% 2.1% | 94.00% | - | - | - | - | - |
Research & Development | 11.49M 31.6% | 16.81M 5.7% | 15.90M 24.2% | 12.81M 2.6% | 12.48M 175.4% | 4.53M 4.9% | 4.32M 13.8% | 3.79M 7.8% |
General & Administrative | 0.00 100.0% | 6.37M 18.9% | 5.36M 23.7% | 4.33M 4.1% | 4.52M 118.3% | 2.07M 3.5% | 2.00M 10.7% | 1.81M 9.9% |
Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
SG&A Expenses | 7.39M 16.0% | 6.37M 18.9% | 5.36M 23.7% | 4.33M 4.1% | 4.52M 118.3% | 2.07M 3.5% | 2.00M 10.7% | 1.81M 9.9% |
Other Operating Expenses | 0.00 | 0.00 | 0.00 100.0% | -182.47K 91.1% | -2.06M 1669.8% | -116.37K 71.5% | -407.79K 136.8% | -172.19K 23.8% |
Total Operating Expenses | 18.88M 11.4% | 21.30M 0.2% | 21.26M 24.1% | 17.14M 0.8% | 17.00M 157.5% | 6.60M 4.4% | 6.32M 12.8% | 5.60M 1.4% |
Cost and Expenses | 21.00M 9.4% | 23.18M 9.0% | 21.27M 24.1% | 17.14M 0.8% | 17.00M 157.5% | 6.60M 4.4% | 6.32M 12.8% | 5.60M 1.4% |
Operating Income | -20.76M 10.1% | -23.09M 8.8% | -21.23M 23.8% | -17.14M 0.8% | -17.00M 157.5% | -6.60M 4.4% | -6.32M 12.8% | -5.60M 1.4% |
Operating Margin % | -8765.00% 63.7% | -24151.00% 53.9% | -52405.00% | - | - | - | - | - |
EBITDA | -18.21M 11.9% | -20.66M 4.7% | -19.73M 21.9% | -16.19M 8.8% | -17.75M 199.3% | -5.93M 1.6% | -6.03M 13.6% | -5.31M 2.1% |
EBITDA Margin % | -7686.00% 64.4% | -21610.00% 55.6% | -48724.00% | - | - | - | - | - |
Interest Expense | 0.00 | 0.00 | 0.00 100.0% | 91.66K | 0.00 | 0.00 | 0.00 100.0% | 250.00 0.0% |
Interest Income | 842.45K 9.1% | 926.85K 41.0% | 657.55K 617.4% | 91.66K 562.9% | 13.83K 1681.7% | 776.00 234.5% | 232.00 7.2% | 250.00 0.0% |
Other Income (Expense) | 447.63K 19.2% | 554.10K 195.9% | 187.23K 306.2% | -90.82K 94.4% | -1.63M 1314.4% | -115.59K 71.6% | -407.56K 137.0% | -171.94K 23.9% |
Pre-Tax Income | -20.31M 9.9% | -22.54M 7.1% | -21.04M 22.1% | -17.23M 7.5% | -18.63M 177.4% | -6.72M 0.2% | -6.73M 16.5% | -5.77M 0.4% |
Pre-Tax Margin % | -8576.00% 63.6% | -23571.00% 54.6% | -51943.00% | - | - | - | - | - |
Tax Provision | 0.00 | 0.00 | 0.00 100.0% | -843.00 99.8% | -424.53K 54607.0% | -776.00 234.5% | -232.00 | 0.00 100.0% |
Net Income | -20.31M 9.9% | -22.54M 7.1% | -21.04M 22.1% | -17.23M 5.4% | -18.21M 171.1% | -6.71M 0.2% | -6.73M 16.5% | -5.77M 0.4% |
Net Margin % | -8576.00% 63.6% | -23571.00% 54.6% | -51943.00% | - | - | - | - | - |
Basic EPS | -0.16 15.8% | -0.19 5.6% | -0.18 20.0% | -0.15 11.8% | -0.17 132.6% | -0.07 9.5% | -0.08 6.9% | -0.08 6.8% |
Diluted EPS | -0.16 15.8% | -0.19 5.6% | -0.18 20.0% | -0.15 11.8% | -0.17 142.9% | -0.07 12.5% | -0.08 0.0% | -0.08 0.0% |
Basic Shares Outstanding | 128.63M 6.4% | 120.90M 4.7% | 115.47M 3.3% | 111.81M 6.3% | 105.22M 14.5% | 91.86M 10.3% | 83.30M 9.0% | 76.40M 7.8% |
Diluted Shares Outstanding | 128.63M 6.4% | 120.90M 4.7% | 115.47M 3.3% | 111.81M 6.3% | 105.22M 14.5% | 91.86M 10.3% | 83.30M 9.0% | 76.40M 7.8% |