Financial statements and analysis
Showing the last 5 fiscal years: 2021 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 17, 2025 | 2023 Dec 31, 2023 Mar 27, 2024 | 2022 Dec 31, 2022 Dec 31, 2022 | 2021 Dec 31, 2021 Dec 31, 2021 |
|---|
Total Revenue | 25.21M 51.8% | 52.30M 16.8% | 44.76M 160.2% | 17.20M 6978.2% | 243.00K |
Cost of Revenue | 5.32M | 0.00 100.0% | 4.21M 142.8% | 1.73M 347.8% | 387.00K |
Gross Profit | 19.89M 62.0% | 52.30M 205.3% | -49.65M 421.0% | 15.47M 10841.0% | -144.00K |
Gross Margin % | 79.00% 21.0% | 100.00% 190.1% | -111.00% 223.3% | 90.00% 252.5% | -59.00% |
Research & Development | 94.43M 13.5% | 109.18M 15.7% | 94.40M 118.8% | 43.14M 198.0% | 14.48M |
General & Administrative | 26.79M 16.3% | 32.02M 11.0% | 28.84M 54.2% | 18.70M 92.6% | 9.71M |
Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
SG&A Expenses | 26.79M 16.3% | 32.02M 11.0% | 28.84M 54.2% | 18.70M 92.6% | 9.71M |
Other Operating Expenses | -5.32M | 0.00 | 0.00 100.0% | 201.00K 4925.0% | 4.00K |
Total Operating Expenses | 115.91M 17.9% | 141.20M 14.6% | 123.25M 99.3% | 61.84M 155.6% | 24.19M |
Cost and Expenses | 121.22M 14.1% | 141.20M 14.6% | 123.25M 99.3% | 61.84M 155.6% | 24.19M |
Operating Income | -96.01M 8.0% | -88.90M 13.3% | -78.49M 75.8% | -44.64M 86.4% | -23.95M |
Operating Margin % | -381.00% 124.1% | -170.00% 2.9% | -175.00% 32.7% | -260.00% 97.4% | -9855.00% |
EBITDA | -82.61M 1.1% | -83.49M 12.4% | -74.28M 89.5% | -39.19M 88.9% | -20.75M |
EBITDA Margin % | -328.00% 105.0% | -160.00% 3.6% | -166.00% 27.2% | -228.00% 97.3% | -8540.00% |
Interest Expense | 0.00 | 0.00 | 0.00 100.0% | 98.00K 67.5% | 302.00K |
Interest Income | 9.47M 35.7% | 14.72M 4.8% | 15.47M 352.4% | 3.42M 7851.2% | 43.00K |
Other Income (Expense) | 8.09M 51.7% | 5.33M 70.8% | 18.26M 405.1% | 3.62M 44.4% | 2.50M |
Pre-Tax Income | -87.93M 5.2% | -83.57M 38.8% | -60.23M 46.8% | -41.02M 91.3% | -21.44M |
Pre-Tax Margin % | -349.00% 118.1% | -160.00% 18.5% | -135.00% 43.5% | -239.00% 97.3% | -8824.00% |
Tax Provision | -58.00K 98.9% | -5.51M 168.7% | 8.03M 212.5% | 2.57M | 0.00 |
Net Income | -87.87M 12.6% | -78.06M 14.4% | -68.25M 56.6% | -43.59M 103.3% | -21.44M |
Net Margin % | -349.00% 134.2% | -149.00% 2.6% | -153.00% 39.5% | -253.00% 97.1% | -8824.00% |
Basic EPS | -2.36 0.0% | -2.36 29.7% | -1.82 56.5% | -1.16 67.9% | -3.62 |
Diluted EPS | -2.36 0.0% | -2.36 29.7% | -1.82 56.9% | -1.16 68.0% | -3.62 |
Basic Shares Outstanding | 37.25M 0.4% | 37.42M 0.1% | 37.47M 0.0% | 37.47M 531.9% | 5.93M |
Diluted Shares Outstanding | 37.25M 0.4% | 37.42M 0.1% | 37.47M 0.0% | 37.47M 531.9% | 5.93M |