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 Apr 22, 2026 | 2024 Dec 31, 2024 Apr 25, 2025 | 2023 Dec 31, 2023 Dec 31, 2023 | 2022 Dec 31, 2022 Dec 31, 2022 | 2021 Dec 31, 2021 Dec 31, 2021 |
|---|
Total Revenue | 90.24M 20.3% | 75.03M 4.3% | 71.90M 5.1% | 68.39M 742.5% | 8.12M |
Cost of Revenue | 76.04M 19.5% | 63.62M 15.6% | 55.02M 51.5% | 36.32M 1910.1% | 1.81M |
Gross Profit | 14.20M 24.5% | 11.40M 32.5% | 16.88M 47.3% | 32.06M 408.1% | 6.31M |
Gross Margin % | 16.00% 6.7% | 15.00% 34.8% | 23.00% 51.1% | 47.00% 39.7% | 78.00% |
Research & Development | 217.99M 9.2% | 240.18M 95.7% | 122.71M 20.1% | 153.60M 10.0% | 170.60M |
General & Administrative | 0.00 100.0% | 56.75M 51.7% | 37.42M 23.9% | 49.18M 3.6% | 51.02M |
Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
SG&A Expenses | 57.75M 1.8% | 56.75M 51.7% | 37.42M 23.9% | 49.18M 3.6% | 51.02M |
Other Operating Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Total Operating Expenses | 275.75M 7.1% | 296.93M 85.4% | 160.12M 21.0% | 202.78M 8.5% | 221.62M |
Cost and Expenses | 351.79M 2.4% | 360.55M 67.6% | 215.14M 10.0% | 239.10M 7.0% | 223.42M |
Operating Income | -261.55M 8.4% | -285.52M 99.3% | -143.24M 16.1% | -170.72M 20.7% | -215.31M |
Operating Margin % | -290.00% 23.9% | -381.00% 91.5% | -199.00% 20.4% | -250.00% 90.6% | -2653.00% |
EBITDA | -70.74M 74.5% | -277.16M 115.0% | -128.90M 16.3% | -153.94M 23.6% | -201.56M |
EBITDA Margin % | -78.00% 78.9% | -369.00% 106.1% | -179.00% 20.4% | -225.00% 90.9% | -2483.00% |
Interest Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Interest Income | 43.10M 111.4% | 20.39M | 0.00 | 0.00 | 0.00 |
Other Income (Expense) | 184.59M 1655.0% | 10.52M 40.9% | 17.79M 20.6% | 22.39M 352.9% | -8.85M |
Pre-Tax Income | -76.96M 72.0% | -275.00M 119.2% | -125.45M 15.4% | -148.32M 33.8% | -224.16M |
Pre-Tax Margin % | -85.00% 76.8% | -367.00% 110.9% | -174.00% 19.8% | -217.00% 92.1% | -2762.00% |
Tax Provision | 0.00 100.0% | 1.00K 100.8% | -126.00K 70.3% | -74.00K 113.5% | 547.00K |
Net Income | -134.32M 51.0% | -274.12M 119.6% | -124.81M 15.7% | -148.02M 34.1% | -224.70M |
Net Margin % | -149.00% 59.2% | -365.00% 109.8% | -174.00% 19.4% | -216.00% 92.2% | -2768.00% |
Basic EPS | -0.35 85.4% | -2.40 566.7% | -0.36 14.3% | -0.42 34.4% | -0.64 |
Diluted EPS | -0.35 85.4% | -2.40 71.4% | -1.40 233.3% | -0.42 34.4% | -0.64 |
Basic Shares Outstanding | 379.91M 232.3% | 114.32M 67.2% | 348.96M 0.0% | 348.96M 0.0% | 348.96M |
Diluted Shares Outstanding | 379.91M 232.3% | 114.32M 28.5% | 88.93M 74.5% | 348.96M 0.0% | 348.96M |