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 27, 2026 | 2024 Dec 31, 2024 May 1, 2025 | 2023 Dec 31, 2023 Jul 23, 2024 | 2022 Dec 31, 2022 Apr 3, 2023 | 2021 Dec 31, 2021 May 2, 2022 | 2020 Dec 31, 2020 May 24, 2021 | 2019 Dec 31, 2019 Dec 31, 2019 |
|---|
Total Revenue | 45.92M 44.9% | 83.30M 4.8% | 79.46M 109.4% | 37.94M 59.9% | 23.74M 100.3% | 11.85M 602.4% | 1.69M |
Cost of Revenue | 31.67M 42.4% | 54.96M 13.6% | 48.39M 86.2% | 26.00M 99.2% | 13.05M 60.4% | 8.13M 597.0% | 1.17M |
Gross Profit | 14.25M 49.7% | 28.34M 8.8% | 31.06M 160.0% | 11.95M 11.8% | 10.69M 187.6% | 3.71M 614.4% | 520.00K |
Gross Margin % | 31.00% 8.8% | 34.00% 12.8% | 39.00% 25.8% | 31.00% 31.1% | 45.00% 45.2% | 31.00% 0.0% | 31.00% |
Research & Development | 49.83M 34.4% | 76.00M 10.4% | 68.83M 36.8% | 50.32M 80.9% | 27.82M 113.2% | 13.05M 17.2% | 11.14M |
General & Administrative | 0.00 | 0.00 | 0.00 100.0% | 79.41M 54.6% | 51.37M 442.5% | 9.47M 62.8% | 5.82M |
Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 100.0% | 661.00K |
SG&A Expenses | 32.73M 47.9% | 62.86M 2.1% | 61.55M 22.5% | 79.41M 54.6% | 51.37M 442.5% | 9.47M 46.2% | 6.48M |
Other Operating Expenses | 18.94M 6.0% | 20.15M 7.1% | 18.82M 172.2% | 6.91M 1903.8% | 345.00K | 0.00 | 0.00 |
Total Operating Expenses | 101.50M 36.2% | 159.01M 6.6% | 149.20M 12.2% | 132.94M 67.9% | 79.19M 251.7% | 22.52M 27.8% | 17.61M |
Cost and Expenses | 133.17M 31.3% | 193.83M 1.9% | 197.59M 22.3% | 161.58M 75.2% | 92.24M 200.9% | 30.65M 63.2% | 18.78M |
Operating Income | -87.25M 33.2% | -130.68M 10.6% | -118.13M 4.5% | -123.64M 80.5% | -68.51M 264.3% | -18.80M 10.0% | -17.09M |
Operating Margin % | -190.00% 21.0% | -157.00% 5.4% | -149.00% 54.3% | -326.00% 12.8% | -289.00% 81.8% | -159.00% 84.3% | -1013.00% |
EBITDA | -93.65M 40.2% | -66.80M 31.2% | -97.15M 11.6% | -109.90M 62.2% | -67.75M 270.4% | -18.29M 9.5% | -16.71M |
EBITDA Margin % | -204.00% 155.0% | -80.00% 34.4% | -122.00% 57.9% | -290.00% 1.8% | -285.00% 85.1% | -154.00% 84.4% | -990.00% |
Interest Expense | 863.00K 475.3% | 150.00K | 0.00 | 0.00 100.0% | 279.00K 16.3% | 240.00K | 0.00 |
Interest Income | 0.00 | 0.00 100.0% | 5.37M 287.0% | 1.39M 6204.5% | 22.00K 450.0% | 4.00K 98.4% | 254.00K |
Other Income (Expense) | -29.65M 170.9% | 41.83M 247.6% | -28.34M 116.3% | 173.71M 306.5% | -84.13M 35548.3% | -236.00K 7.1% | -254.00K |
Pre-Tax Income | -116.90M 31.6% | -88.85M 39.3% | -146.47M 392.5% | 50.08M 132.8% | -152.64M 701.7% | -19.04M 9.7% | -17.35M |
Pre-Tax Margin % | -255.00% 138.3% | -107.00% 41.8% | -184.00% 239.4% | 132.00% 120.5% | -643.00% 299.4% | -161.00% 84.3% | -1028.00% |
Tax Provision | 50.00K 114.6% | -342.00K 33.8% | -517.00K 97.7% | -22.81M 48636.2% | 47.00K 840.0% | 5.00K 400.0% | 1.00K |
Net Income | -116.95M 38.2% | -84.60M 41.8% | -145.43M 296.8% | 73.91M 148.4% | -152.69M 701.7% | -19.04M 9.8% | -17.35M |
Net Margin % | -255.00% 150.0% | -102.00% 44.3% | -183.00% 193.8% | 195.00% 130.3% | -643.00% 299.4% | -161.00% 84.3% | -1028.00% |
Basic EPS | -0.57 23.9% | -0.46 46.5% | -0.86 256.4% | 0.55 142.3% | -1.30 11.1% | -1.17 2.5% | -1.20 |
Diluted EPS | -0.57 23.9% | -0.46 46.5% | -0.86 268.6% | 0.51 139.2% | -1.30 116.7% | -0.60 50.0% | -1.20 |
Basic Shares Outstanding | 205.57M 12.7% | 182.46M 8.0% | 168.93M 26.4% | 133.67M 241.3% | 39.17M 23.8% | 31.63M 117.9% | 14.52M |
Diluted Shares Outstanding | 205.57M 12.7% | 182.46M 8.0% | 168.93M 15.9% | 145.74M 272.1% | 39.17M 141.1% | 16.25M 11.9% | 14.52M |