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 23, 2026 | 2024 Dec 31, 2024 Mar 18, 2025 | 2023 Dec 31, 2023 Mar 21, 2024 | 2022 Dec 31, 2022 May 10, 2023 | 2021 Dec 31, 2021 Mar 29, 2022 | 2020 Dec 31, 2020 Dec 31, 2020 | 2019 Dec 31, 2019 Dec 31, 2019 |
|---|
Total Revenue | 13.86M 14.2% | 16.15M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Cost of Revenue | 2.39M 402.7% | 475.00K 76.3% | 2.00M 8.9% | 1.84M 46.8% | 1.25M 181.8% | 444.00K | 0.00 |
Gross Profit | 11.47M 26.8% | 15.67M 883.5% | -2.00M 8.9% | -1.84M 46.8% | -1.25M 181.8% | -444.00K | 0.00 |
Gross Margin % | 83.00% 14.4% | 97.00% | - | - | - | - | - |
Research & Development | 73.70M 25.4% | 58.75M 22.7% | 47.89M 44.4% | 86.13M 68.7% | 51.05M 464.3% | 9.05M 639.2% | 1.22M |
General & Administrative | 22.19M 12.7% | 25.42M 22.0% | 32.61M 12.7% | 37.35M 100.1% | 18.66M 385.3% | 3.85M 132.4% | 1.66M |
Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
SG&A Expenses | 22.19M 12.7% | 25.42M 22.0% | 32.61M 12.7% | 37.35M 100.1% | 18.66M 385.3% | 3.85M 132.4% | 1.66M |
Other Operating Expenses | 0.00 100.0% | 20.96M | 0.00 | 0.00 100.0% | 181.00K | 0.00 | 0.00 |
Total Operating Expenses | 95.89M 8.8% | 105.13M 27.9% | 82.20M 33.4% | 123.48M 77.1% | 69.72M 440.7% | 12.89M 347.9% | 2.88M |
Cost and Expenses | 98.28M 6.9% | 105.61M 28.5% | 82.20M 33.4% | 123.48M 77.1% | 69.72M 440.7% | 12.89M 347.9% | 2.88M |
Operating Income | -84.42M 5.6% | -89.46M 8.8% | -82.20M 33.4% | -123.48M 77.1% | -69.72M 440.7% | -12.89M 347.9% | -2.88M |
Operating Margin % | -609.00% 9.9% | -554.00% | - | - | - | - | - |
EBITDA | -73.72M 12.5% | -65.51M 16.5% | -78.49M 36.1% | -122.77M 77.8% | -69.07M 455.9% | -12.43M | 0.00 |
EBITDA Margin % | -532.00% 31.0% | -406.00% | - | - | - | - | - |
Interest Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Interest Income | 3.61M 48.7% | 7.04M 6.2% | 6.63M 139.9% | 2.76M 11917.4% | 23.00K 65.2% | 66.00K 38.3% | 107.00K |
Other Income (Expense) | 6.18M 37.9% | 9.96M 18.5% | 8.41M 204.1% | 2.76M 144.2% | -6.26M 9581.8% | 66.00K 38.3% | 107.00K |
Pre-Tax Income | -78.23M 1.6% | -79.50M 7.7% | -73.79M 38.9% | -120.72M 58.9% | -75.97M 492.3% | -12.83M 362.8% | -2.77M |
Pre-Tax Margin % | -565.00% 14.8% | -492.00% | - | - | - | - | - |
Tax Provision | 1.39M 164.0% | -2.16M | 0.00 100.0% | -2.76M 149.7% | 5.56M 8525.8% | -66.00K 38.3% | -107.00K |
Net Income | -79.62M 3.0% | -77.33M 4.8% | -73.79M 37.4% | -117.95M 44.7% | -81.54M 538.9% | -12.76M 378.9% | -2.67M |
Net Margin % | -575.00% 20.0% | -479.00% | - | - | - | - | - |
Basic EPS | -1.28 3.0% | -1.32 28.6% | -1.85 48.2% | -3.57 41.1% | -2.53 583.8% | -0.37 376.2% | -0.08 |
Diluted EPS | -1.28 3.0% | -1.32 28.6% | -1.85 48.2% | -3.57 41.1% | -2.53 583.8% | -0.37 362.5% | -0.08 |
Basic Shares Outstanding | 62.14M 6.3% | 58.45M 46.5% | 39.90M 20.8% | 33.03M 2.5% | 32.22M 6.1% | 34.31M 0.0% | 34.31M |
Diluted Shares Outstanding | 62.14M 6.3% | 58.45M 46.5% | 39.90M 20.8% | 33.03M 2.5% | 32.22M 6.1% | 34.31M 0.0% | 34.31M |