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 26, 2026 | 2024 Dec 31, 2024 Mar 14, 2025 | 2023 Dec 31, 2023 Mar 29, 2024 | 2022 Dec 31, 2022 Mar 18, 2024 | 2021 Dec 31, 2021 Dec 31, 2021 | 2020 Dec 31, 2020 Dec 31, 2020 |
|---|
Total Revenue | 24.59M 178.5% | 8.83M 0.8% | 8.76M 22.1% | 7.17M 14.2% | 6.28M 21.7% | 5.16M |
Cost of Revenue | 4.28M 31.2% | 3.26M 21.1% | 4.14M 41.5% | 2.92M 67.0% | 1.75M 91.3% | 915.00K |
Gross Profit | 20.31M 265.0% | 5.56M 20.4% | 4.62M 8.8% | 4.25M 6.2% | 4.53M 6.7% | 4.25M |
Gross Margin % | 83.00% 31.7% | 63.00% 18.9% | 53.00% 10.2% | 59.00% 18.1% | 72.00% 12.2% | 82.00% |
Research & Development | 50.73M 43.7% | 35.30M 6.8% | 37.88M 18.0% | 32.10M 26.4% | 25.40M 24.4% | 20.41M |
General & Administrative | 41.19M 27.0% | 32.42M 12.4% | 37.01M 71.8% | 21.54M 81.0% | 11.90M 2.7% | 11.59M |
Selling & Marketing | 28.75M 90.9% | 15.06M 46.6% | 10.28M 2.1% | 10.07M 62.9% | 6.18M 66.4% | 3.71M |
SG&A Expenses | 69.94M 47.3% | 47.49M 0.4% | 47.29M 49.6% | 31.61M 74.9% | 18.08M 18.1% | 15.30M |
Other Operating Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Total Operating Expenses | 120.67M 45.8% | 82.79M 2.8% | 85.17M 33.7% | 63.71M 46.5% | 43.48M 21.7% | 35.71M |
Cost and Expenses | 124.95M 45.2% | 86.05M 3.6% | 89.30M 34.0% | 66.63M 47.3% | 45.23M 23.5% | 36.63M |
Operating Income | -100.37M 30.0% | -77.22M 4.1% | -80.55M 35.5% | -59.46M 52.7% | -38.95M 23.8% | -31.47M |
Operating Margin % | -408.00% 53.4% | -875.00% 4.9% | -920.00% 11.0% | -829.00% 33.7% | -620.00% 1.6% | -610.00% |
EBITDA | -348.74M 152.6% | -138.05M 70.8% | -80.83M 64.9% | -49.03M 42.7% | -34.36M 144.3% | -14.06M |
EBITDA Margin % | -1418.00% 9.3% | -1564.00% 69.4% | -923.00% 34.9% | -684.00% 25.0% | -547.00% 100.4% | -273.00% |
Interest Expense | 4.01M 3.0% | 3.90M 10432.4% | 37.00K 98.4% | 2.33M 41.8% | 4.01M 22.5% | 5.18M |
Interest Income | 24.11M | 0.00 | 0.00 100.0% | 5.67M | 0.00 | 0.00 |
Other Income (Expense) | -254.69M 282.1% | -66.66M 2973.1% | -2.17M 137.7% | 5.76M 384.2% | -2.02M 121.3% | 9.50M |
Pre-Tax Income | -355.06M 146.8% | -143.88M 73.9% | -82.72M 54.0% | -53.70M 31.1% | -40.97M 86.5% | -21.97M |
Pre-Tax Margin % | -1444.00% 11.4% | -1630.00% 72.7% | -944.00% 26.0% | -749.00% 14.7% | -653.00% 53.3% | -426.00% |
Tax Provision | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Net Income | -355.06M 146.8% | -143.88M 73.9% | -82.72M 54.0% | -53.70M 31.1% | -40.97M 86.5% | -21.97M |
Net Margin % | -1444.00% 11.4% | -1630.00% 72.7% | -944.00% 26.0% | -749.00% 14.7% | -653.00% 53.3% | -426.00% |
Basic EPS | -1.11 48.0% | -0.75 25.0% | -0.60 33.3% | -0.45 21.6% | -0.37 117.6% | -0.17 |
Diluted EPS | -1.11 48.0% | -0.75 25.0% | -0.60 33.3% | -0.45 21.6% | -0.37 117.6% | -0.17 |
Basic Shares Outstanding | 321.20M 67.2% | 192.13M 39.2% | 137.99M 15.3% | 119.65M 4.5% | 125.34M 14.2% | 109.74M |
Diluted Shares Outstanding | 321.20M 67.2% | 192.13M 39.2% | 137.99M 15.3% | 119.65M 4.5% | 125.34M 14.2% | 109.74M |