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 2, 2026 | 2024 Dec 31, 2024 Mar 6, 2025 | 2023 Dec 31, 2023 Feb 29, 2024 | 2022 Dec 31, 2022 Mar 15, 2023 | 2021 Dec 31, 2021 Feb 28, 2022 | 2020 Dec 31, 2020 Mar 11, 2021 | 2019 Dec 31, 2019 Dec 31, 2019 | 2018 Dec 31, 2018 Dec 31, 2018 |
|---|
Total Revenue | 62.90M 699.0% | 7.87M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Cost of Revenue | 8.44M 19.3% | 7.08M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Gross Profit | 54.46M 6750.3% | 795.00K 458.1% | -222.00K 54.1% | -484.00K 31.5% | -368.00K 257.3% | -103.00K | 0.00 | 0.00 |
Gross Margin % | 87.00% 770.0% | 10.00% | - | - | - | - | - | - |
Research & Development | 115.11M 16.1% | 99.12M 39.0% | 71.29M 18.8% | 87.81M 27.2% | 69.04M 111.8% | 32.60M 29.9% | 25.11M 5101.5% | 482.67K |
General & Administrative | 0.00 | 0.00 100.0% | 28.53M 10.6% | 31.92M 31.5% | 24.28M 121.8% | 10.95M 66.1% | 6.59M 1194.4% | 509.33K |
Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 100.0% | 400.00 | 0.00 |
SG&A Expenses | 151.56M 118.9% | 69.23M 142.6% | 28.53M 10.6% | 31.92M 31.5% | 24.28M 121.8% | 10.95M 56.6% | 6.99M 1273.0% | 509.33K |
Other Operating Expenses | 856.00K 99.8% | 425.07M | 0.00 100.0% | -872.00K 35.4% | -644.00K 137.6% | -271.00K | 0.00 | 0.00 |
Total Operating Expenses | 267.52M 54.4% | 586.34M 487.4% | 99.82M 16.6% | 119.73M 28.3% | 93.32M 114.3% | 43.55M 35.3% | 32.18M 3144.1% | 992.00K |
Cost and Expenses | 275.97M 53.5% | 593.42M 494.5% | 99.82M 16.6% | 119.73M 28.3% | 93.32M 114.3% | 43.55M 35.3% | 32.18M 3144.1% | 992.00K |
Operating Income | -213.06M 64.0% | -592.63M 493.7% | -99.82M 16.6% | -119.73M 28.3% | -93.32M 114.3% | -43.55M 35.7% | -32.10M 3135.8% | -992.00K |
Operating Margin % | -339.00% 95.5% | -7527.00% | - | - | - | - | - | - |
EBITDA | -189.21M 66.6% | -566.91M 469.2% | -99.60M 16.7% | -119.53M 33.8% | -89.35M 105.6% | -43.45M 35.4% | -32.09M | 0.00 |
EBITDA Margin % | -301.00% 95.8% | -7201.00% | - | - | - | - | - | - |
Interest Expense | 13.68M 3912.3% | 341.00K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Interest Income | 21.43M 20.8% | 27.06M 10.0% | 24.61M 230.4% | 7.45M 151.4% | 2.96M 52.3% | 1.95M 141767.3% | 1.37K | 0.00 |
Other Income (Expense) | 8.44M 65.8% | 24.69M 2.8% | 24.02M 54.6% | 15.54M 140.1% | 6.47M 242.0% | 1.89M 230.2% | -1.45M | 0.00 |
Pre-Tax Income | -204.63M 64.0% | -567.94M 649.2% | -75.80M 27.3% | -104.20M 20.0% | -86.85M 108.5% | -41.66M 24.2% | -33.55M 3282.3% | -992.00K |
Pre-Tax Margin % | -325.00% 95.5% | -7214.00% | - | - | - | - | - | - |
Tax Provision | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Net Income | -204.63M 64.0% | -567.94M 649.2% | -75.80M 27.3% | -104.20M 20.0% | -86.85M 108.5% | -41.66M 24.2% | -33.55M 3282.3% | -992.00K |
Net Margin % | -325.00% 95.5% | -7214.00% | - | - | - | - | - | - |
Basic EPS | -0.60 71.6% | -2.11 502.9% | -0.35 27.1% | -0.48 9.1% | -0.44 10.0% | -0.40 150.0% | -0.16 2863.0% | -0.01 |
Diluted EPS | -0.60 71.6% | -2.11 502.9% | -0.35 27.1% | -0.48 9.1% | -0.44 10.0% | -0.40 150.0% | -0.16 1500.0% | -0.01 |
Basic Shares Outstanding | 341.54M 27.1% | 268.77M 22.8% | 218.88M 1.0% | 216.72M 9.5% | 197.89M 102.9% | 97.53M 52.8% | 206.67M 12.5% | 183.74M |
Diluted Shares Outstanding | 341.54M 27.1% | 268.77M 22.8% | 218.88M 1.0% | 216.72M 9.5% | 197.89M 102.9% | 97.53M 52.8% | 206.67M 12.5% | 183.74M |