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 5, 2026 | 2024 Dec 31, 2024 Mar 7, 2025 | 2023 Dec 31, 2023 Mar 7, 2024 | 2022 Dec 31, 2022 Mar 7, 2023 | 2021 Dec 31, 2021 Mar 3, 2022 | 2020 Dec 31, 2020 Dec 31, 2020 | 2019 Dec 31, 2019 Dec 31, 2019 | 2018 Dec 31, 2018 Dec 31, 2018 |
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Total Revenue | 16.38M 53.4% | 10.68M 48.4% | 7.20M 7.8% | 6.68M 2.8% | 6.87M 5.9% | 7.30M 72.6% | 4.23M 121.5% | 1.91M 51.0% |
Cost of Revenue | 4.79M 31.4% | 3.64M 29.3% | 2.82M 23.0% | 3.66M 6.7% | 3.92M 2.4% | 3.83M 111.8% | 1.81M 38.5% | 1.31M 45.8% |
Gross Profit | 11.59M 64.7% | 7.04M 60.6% | 4.38M 45.1% | 3.02M 2.3% | 2.95M 15.0% | 3.47M 43.3% | 2.42M 300.7% | 604.82K 59.4% |
Gross Margin % | 71.00% 7.6% | 66.00% 8.2% | 61.00% 35.6% | 45.00% 4.7% | 43.00% 10.4% | 48.00% 15.8% | 57.00% 78.1% | 32.00% 15.8% |
Research & Development | 20.96M 23.5% | 16.96M 18.0% | 14.38M 2.1% | 14.69M 3.8% | 15.28M 54.1% | 9.91M 3.9% | 9.54M 26.6% | 7.54M 1.7% |
General & Administrative | 0.00 | 0.00 100.0% | 9.17M 3.1% | 9.46M 8.2% | 10.31M 36.3% | 7.57M 28.7% | 5.88M 20.3% | 4.89M 3.5% |
Selling & Marketing | 0.00 | 0.00 100.0% | 9.45M 11.6% | 8.47M 10.7% | 7.65M 57.4% | 4.86M 127.6% | 2.14M 28.9% | 3.00M 3.8% |
SG&A Expenses | 32.61M 41.0% | 23.13M 24.2% | 18.62M 3.8% | 17.93M 0.2% | 17.97M 44.6% | 12.43M 55.1% | 8.01M 1.5% | 7.89M 0.6% |
Other Operating Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 100.0% | 3.76K 3.0% |
Total Operating Expenses | 53.57M 33.6% | 40.10M 21.5% | 33.00M 1.1% | 32.62M 1.9% | 33.24M 48.8% | 22.34M 27.2% | 17.56M 13.8% | 15.43M 0.5% |
Cost and Expenses | 58.36M 33.4% | 43.74M 22.1% | 35.81M 1.3% | 36.28M 2.4% | 37.16M 42.0% | 26.17M 35.1% | 19.36M 15.7% | 16.74M 6.6% |
Operating Income | -41.98M 27.0% | -33.06M 15.5% | -28.62M 3.3% | -29.60M 2.3% | -30.29M 60.6% | -18.86M 24.6% | -15.13M 2.1% | -14.83M 15.9% |
Operating Margin % | -256.00% 17.4% | -310.00% 21.9% | -397.00% 10.4% | -443.00% 0.5% | -441.00% 70.9% | -258.00% 27.9% | -358.00% 53.9% | -776.00% 71.7% |
EBITDA | -41.41M 25.2% | -33.06M 23.5% | -26.78M 4.8% | -25.55M 10.8% | -28.65M 46.9% | -19.50M 55.6% | -12.53M 5.4% | -13.24M 21.1% |
EBITDA Margin % | -253.00% 18.4% | -310.00% 16.7% | -372.00% 2.6% | -382.00% 8.4% | -417.00% 56.2% | -267.00% 9.8% | -296.00% 57.3% | -693.00% 61.2% |
Interest Expense | 0.00 | 0.00 100.0% | 932.80K 458.2% | 167.10K 151.6% | 66.41K 87.8% | 543.00K 47.7% | 1.04M 37.4% | 755.37K 29.5% |
Interest Income | 1.09M | 0.00 100.0% | 1.64M 56.4% | 1.05M 416.6% | 203.20K 70.6% | 692.00K 90.6% | 363.00K 2.2% | 355.20K 249.7% |
Other Income (Expense) | -1.08M 116.5% | 6.58M 8223.0% | -81.00K 102.2% | 3.74M 1335.6% | -303.00K 112.5% | 2.42M 1517.9% | -171.00K 31.0% | -247.73K 109.1% |
Pre-Tax Income | -43.06M 62.6% | -26.48M 7.7% | -28.70M 1.1% | -28.38M 7.2% | -30.59M 41.8% | -21.58M 40.9% | -15.31M 1.6% | -15.07M 1.1% |
Pre-Tax Margin % | -263.00% 6.0% | -248.00% 37.8% | -399.00% 6.1% | -425.00% 4.5% | -445.00% 50.8% | -295.00% 18.5% | -362.00% 54.1% | -789.00% 106.5% |
Tax Provision | 256.41K 12920.5% | -2.00K 98.4% | -128.00K 144.6% | 287.00K 173.3% | 105.00K 133.3% | 45.00K 69.7% | 148.42K 12.4% | 169.44K 187.5% |
Net Income | -43.32M 63.6% | -26.48M 7.3% | -28.57M 0.3% | -28.67M 6.6% | -30.70M 42.0% | -21.62M 39.9% | -15.46M 1.4% | -15.24M 1.8% |
Net Margin % | -264.00% 6.5% | -248.00% 37.5% | -397.00% 7.5% | -429.00% 4.0% | -447.00% 51.0% | -296.00% 18.9% | -365.00% 54.3% | -798.00% 107.8% |
Basic EPS | -1.43 27.7% | -1.12 17.0% | -1.35 2.2% | -1.38 8.0% | -1.50 20.0% | -1.25 10.1% | -1.39 8.6% | -1.52 37.7% |
Diluted EPS | -1.43 27.7% | -1.12 17.0% | -1.35 2.2% | -1.38 8.0% | -1.50 20.0% | -1.25 10.1% | -1.39 8.6% | -1.52 37.7% |
Basic Shares Outstanding | 30.23M 22.1% | 24.77M 16.9% | 21.18M 1.7% | 20.83M 1.8% | 20.46M 18.3% | 17.29M 55.9% | 11.09M 10.5% | 10.04M 63.5% |
Diluted Shares Outstanding | 30.23M 22.1% | 24.77M 16.9% | 21.18M 1.7% | 20.83M 1.8% | 20.47M 18.3% | 17.29M 55.9% | 11.09M 10.5% | 10.04M 63.5% |