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 25, 2026 | 2024 Dec 31, 2024 Feb 26, 2025 | 2023 Dec 31, 2023 Mar 15, 2024 | 2022 Dec 31, 2022 Mar 8, 2023 | 2021 Dec 31, 2021 Mar 9, 2022 | 2020 Dec 31, 2020 Mar 9, 2021 | 2019 Dec 31, 2019 Mar 12, 2020 | 2018 Dec 31, 2018 Dec 31, 2018 |
|---|
Total Revenue | 521.31M 54.7% | 336.89M 80.8% | 186.37M 141.8% | 77.06M 302.7% | 19.14M | 0.00 | 0.00 | 0.00 |
Cost of Revenue | 100.58M 23.2% | 81.64M 73.6% | 47.04M 280.1% | 12.37M 550.2% | 1.90M 205.5% | 623.00K 92.3% | 324.00K | 0.00 |
Gross Profit | 420.73M 64.8% | 255.25M 83.2% | 139.34M 115.4% | 64.69M 275.3% | 17.23M 2866.5% | -623.00K 92.3% | -324.00K | 0.00 |
Gross Margin % | 81.00% 6.6% | 76.00% 1.3% | 75.00% 10.7% | 84.00% 6.7% | 90.00% | - | - | - |
Research & Development | 186.18M 32.4% | 140.63M 37.1% | 102.61M 4.0% | 106.84M 18.7% | 131.43M 61.1% | 81.61M 89.8% | 42.99M 1744.3% | 2.33M |
General & Administrative | 0.00 | 0.00 100.0% | 139.58M 723.1% | 16.96M 66.1% | 50.02M 120.4% | 22.69M 93.1% | 11.75M 1239.3% | 877.50K |
Selling & Marketing | 0.00 | 0.00 100.0% | 6.30M 91.3% | 72.11M 683.8% | 9.20M | 0.00 | 0.00 100.0% | -292.50K |
SG&A Expenses | 257.03M 27.1% | 202.22M 38.6% | 145.88M 63.8% | 89.07M 50.4% | 59.22M 161.0% | 22.69M 93.1% | 11.75M 1908.9% | 585.00K |
Other Operating Expenses | 0.00 | 0.00 | 0.00 100.0% | 365.00K | 0.00 100.0% | -192.00K 814.3% | -21.00K | 0.00 |
Total Operating Expenses | 443.21M 29.3% | 342.85M 38.0% | 248.49M 26.8% | 195.91M 2.8% | 190.65M 82.8% | 104.30M 90.5% | 54.74M 1777.3% | 2.92M |
Cost and Expenses | 543.45M 28.0% | 424.49M 43.6% | 295.53M 41.9% | 208.28M 8.2% | 192.55M 84.6% | 104.30M 90.5% | 54.74M 1777.3% | 2.92M |
Operating Income | -22.14M 74.7% | -87.61M 19.7% | -109.15M 16.8% | -131.22M 24.3% | -173.41M 66.3% | -104.30M 90.5% | -54.74M 1777.3% | -2.92M |
Operating Margin % | -4.00% 84.6% | -26.00% 55.9% | -59.00% 65.3% | -170.00% 81.2% | -906.00% | - | - | - |
EBITDA | 17.21M 135.1% | -48.97M 64.1% | -136.49M 11.5% | -122.41M 87.2% | -65.39M 36.1% | -102.31M 96.0% | -52.21M 201.2% | -17.33M |
EBITDA Margin % | 3.00% 120.0% | -15.00% 79.5% | -73.00% 54.1% | -159.00% 53.5% | -342.00% | - | - | - |
Interest Expense | 14.39M 0.5% | 14.31M 5.3% | 15.11M 5.5% | 15.98M 9.2% | 17.59M 5150.7% | 335.00K | 0.00 | 0.00 |
Interest Income | 12.73M 7.7% | 13.79M 0.4% | 13.73M 256.1% | 3.86M 953.8% | 366.00K 76.5% | 1.56M 30.2% | 2.23M 2465.5% | 87.00K |
Other Income (Expense) | 709.00K 2.2% | 694.00K 101.3% | -53.27M 390.9% | -10.85M 112.1% | 89.46M 8568.8% | 1.03M 53.3% | 2.21M 115.3% | -14.43M |
Pre-Tax Income | -21.43M 75.3% | -86.91M 46.5% | -162.42M 14.3% | -142.07M 69.2% | -83.95M 18.7% | -103.26M 96.6% | -52.53M 202.8% | -17.35M |
Pre-Tax Margin % | -4.00% 84.6% | -26.00% 70.1% | -87.00% 52.7% | -184.00% 58.1% | -439.00% | - | - | - |
Tax Provision | 1.94M 88.0% | 1.03M 3.9% | 991.00K 115.5% | -6.41M 17413.5% | 37.00K 516.7% | 6.00K 71.4% | 21.00K | 0.00 |
Net Income | -23.36M 73.4% | -87.94M 46.2% | -163.41M 20.5% | -135.66M 61.5% | -83.99M 18.7% | -103.27M 96.5% | -52.55M 202.9% | -17.35M |
Net Margin % | -4.00% 84.6% | -26.00% 70.5% | -88.00% 50.0% | -176.00% 59.9% | -439.00% | - | - | - |
Basic EPS | -0.47 74.6% | -1.85 53.8% | -4.00 0.2% | -4.01 44.8% | -2.77 32.3% | -4.09 78.6% | -2.29 205.3% | -0.75 |
Diluted EPS | -0.47 74.6% | -1.85 53.8% | -4.00 0.2% | -4.01 44.8% | -2.77 32.3% | -4.09 78.6% | -2.29 205.3% | -0.75 |
Basic Shares Outstanding | 50.20M 5.6% | 47.52M 16.2% | 40.89M 20.8% | 33.84M 11.6% | 30.32M 20.1% | 25.25M 9.8% | 22.99M 0.0% | 22.99M |
Diluted Shares Outstanding | 50.20M 5.6% | 47.52M 16.2% | 40.89M 20.8% | 33.84M 11.6% | 30.32M 20.1% | 25.25M 9.8% | 22.99M 0.0% | 22.99M |