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 18, 2026 | 2024 Dec 31, 2024 Mar 11, 2025 | 2023 Dec 31, 2023 Mar 8, 2024 | 2022 Dec 31, 2022 Mar 13, 2023 | 2021 Dec 31, 2021 Mar 15, 2022 | 2020 Dec 31, 2020 Mar 15, 2021 | 2019 Dec 31, 2019 Mar 11, 2020 | 2018 Dec 31, 2018 Mar 7, 2019 |
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Total Revenue | 7.25M 1181.3% | 566.00K 44.5% | 391.69K 73.9% | 1.50M 99.3% | 208.38M 1551.6% | 12.62M | 0.00 | 0.00 |
Cost of Revenue | 300.00K | 0.00 100.0% | 1.60M 15.6% | 1.38M | 0.00 | 0.00 100.0% | 255.00K 79.9% | 141.73K 76.5% |
Gross Profit | 6.95M 1128.3% | 566.00K 147.0% | -1.21M 1094.7% | 121.14K 99.9% | 208.38M 1551.6% | 12.62M 5047.8% | -255.00K 79.6% | -142.00K 76.8% |
Gross Margin % | 96.00% 4.0% | 100.00% 132.5% | -308.00% 3950.0% | 8.00% 92.0% | 100.00% 0.0% | 100.00% | - | - |
Research & Development | 25.58M 30.4% | 36.77M 28.6% | 28.59M 16.1% | 24.62M 47.6% | 46.94M 26.0% | 63.42M 50.4% | 42.16M 24.8% | 33.79M 32.4% |
General & Administrative | 24.11M 6.1% | 25.68M 17.4% | 31.09M 4.2% | 32.43M 12.9% | 37.23M 21.6% | 30.63M 59.1% | 19.25M 0.6% | 19.14M 27.3% |
Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
SG&A Expenses | 24.11M 6.1% | 25.68M 17.4% | 31.09M 4.2% | 32.43M 12.9% | 37.23M 21.6% | 30.63M 59.1% | 19.25M 0.6% | 19.14M 27.3% |
Other Operating Expenses | -300.00K 30100.0% | 1.00K | 0.00 100.0% | 1.38M | 0.00 100.0% | -700.00K | 0.00 | 0.00 |
Total Operating Expenses | 49.39M 20.9% | 62.45M 4.7% | 59.67M 4.6% | 57.05M 32.2% | 84.17M 10.5% | 94.05M 53.2% | 61.41M 16.0% | 52.93M 18.6% |
Cost and Expenses | 49.69M 20.4% | 62.45M 4.7% | 59.67M 4.6% | 57.05M 32.2% | 84.17M 10.5% | 94.05M 53.2% | 61.41M 16.0% | 52.93M 18.6% |
Operating Income | -42.44M 31.4% | -61.88M 4.4% | -59.28M 6.7% | -55.55M 144.7% | 124.21M 252.5% | -81.43M 32.6% | -61.41M 16.0% | -52.93M 18.6% |
Operating Margin % | -585.00% 94.6% | -10934.00% 27.8% | -15134.00% 309.5% | -3696.00% 6260.0% | 60.00% 109.3% | -645.00% | - | - |
EBITDA | -17.11M 72.1% | -61.27M 6.2% | -57.69M 6.5% | -54.17M 143.5% | 124.40M 253.3% | -81.12M 34.7% | -60.21M 14.0% | -52.79M 18.4% |
EBITDA Margin % | -236.00% 97.8% | -10825.00% 26.5% | -14727.00% 308.6% | -3604.00% 6106.7% | 60.00% 109.3% | -643.00% | - | - |
Interest Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Interest Income | 0.00 100.0% | 3.90M 20.4% | 4.90M | 0.00 | 0.00 100.0% | 395.40K 58.3% | 948.22K 0.4% | 952.07K 372.5% |
Other Income (Expense) | 25.02M 29.4% | 35.45M 410.6% | 6.94M 403.5% | 1.38M 3118.2% | -45.69K 111.6% | 395.40K 58.3% | 948.22K 0.4% | 952.07K 372.5% |
Pre-Tax Income | -17.41M 34.1% | -26.43M 49.5% | -52.34M 3.4% | -54.17M 143.6% | 124.16M 253.2% | -81.04M 34.0% | -60.46M 16.3% | -51.98M 19.8% |
Pre-Tax Margin % | -240.00% 94.9% | -4670.00% 65.1% | -13362.00% 270.8% | -3604.00% 6106.7% | 60.00% 109.3% | -642.00% | - | - |
Tax Provision | 0.00 | 0.00 | 0.00 | 0.00 100.0% | 1.33M 532.9% | -307.00K 74.5% | -1.20M | 0.00 100.0% |
Net Income | -17.41M 34.1% | -26.43M 49.5% | -52.34M 3.4% | -54.17M 144.1% | 122.83M 251.6% | -81.04M 34.0% | -60.46M 16.3% | -51.98M 19.8% |
Net Margin % | -240.00% 94.9% | -4670.00% 65.1% | -13362.00% 270.8% | -3604.00% 6208.5% | 59.00% 109.2% | -642.00% | - | - |
Basic EPS | -0.24 35.1% | -0.37 49.3% | -0.73 5.2% | -0.77 143.3% | 1.78 228.1% | -1.39 7.9% | -1.51 28.4% | -2.11 37.0% |
Diluted EPS | -0.24 35.1% | -0.37 50.0% | -0.74 3.9% | -0.77 143.8% | 1.76 226.6% | -1.39 7.9% | -1.51 28.4% | -2.11 37.0% |
Basic Shares Outstanding | 73.74M 4.0% | 70.91M 0.5% | 70.58M 0.2% | 70.42M 4.4% | 67.48M 15.4% | 58.45M 49.0% | 39.22M 59.2% | 24.63M 27.3% |
Diluted Shares Outstanding | 73.74M 4.0% | 70.91M 0.5% | 70.58M 0.2% | 70.42M 3.5% | 68.07M 16.5% | 58.45M 49.0% | 39.22M 59.2% | 24.63M 27.3% |