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 Apr 30, 2025 | 2023 Dec 31, 2023 Feb 27, 2024 | 2022 Dec 31, 2022 Mar 7, 2023 | 2021 Dec 31, 2021 Mar 24, 2022 | 2020 Dec 31, 2020 May 3, 2021 | 2019 Dec 31, 2019 Dec 31, 2019 |
|---|
Total Revenue | 601.80M 38.0% | 436.21M 78.3% | 244.59M 15.9% | 211.00M 239.0% | 62.24M 77.0% | 35.16M 27.4% | 48.40M |
Cost of Revenue | 394.62M 23.3% | 320.06M 65.7% | 193.18M 0.6% | 192.01M 199.4% | 64.13M 36.5% | 46.98M 5.0% | 49.48M |
Gross Profit | 207.18M 78.4% | 116.15M 125.9% | 51.41M 170.7% | 18.99M 1103.2% | -1.89M 84.0% | -11.82M 998.2% | -1.08M |
Gross Margin % | 34.00% 25.9% | 27.00% 28.6% | 21.00% 133.3% | 9.00% 400.0% | -3.00% 91.2% | -34.00% 1600.0% | -2.00% |
Research & Development | 270.72M 55.2% | 174.39M 46.5% | 119.05M 82.7% | 65.17M 56.0% | 41.77M 118.2% | 19.14M 50.4% | 12.73M |
General & Administrative | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
SG&A Expenses | 165.30M 25.7% | 131.56M 19.3% | 110.27M 23.9% | 89.03M 52.5% | 58.40M 143.4% | 23.99M 25.7% | 19.09M |
Other Operating Expenses | 0.00 | 0.00 | 0.00 100.0% | 1.01M 226.6% | -798.00K 526.7% | 187.00K | 0.00 |
Total Operating Expenses | 436.02M 42.5% | 305.95M 33.4% | 229.33M 48.7% | 154.19M 53.9% | 100.16M 132.2% | 43.13M 36.0% | 31.72M |
Cost and Expenses | 830.64M 32.7% | 626.01M 48.2% | 422.51M 22.0% | 346.20M 110.7% | 164.29M 82.3% | 90.11M 11.0% | 81.20M |
Operating Income | -228.84M 20.6% | -189.80M 6.7% | -177.92M 31.6% | -135.20M 32.5% | -102.05M 85.7% | -54.95M 67.1% | -32.89M |
Operating Margin % | -38.00% 13.6% | -44.00% 39.7% | -73.00% 14.1% | -64.00% 61.0% | -164.00% 5.1% | -156.00% 129.4% | -68.00% |
EBITDA | -155.47M 1.6% | -153.02M 2.8% | -148.78M 41.4% | -105.26M 15.4% | -91.20M 104.5% | -44.59M 59.1% | -28.02M |
EBITDA Margin % | -26.00% 25.7% | -35.00% 42.6% | -61.00% 22.0% | -50.00% 66.0% | -147.00% 15.7% | -127.00% 119.0% | -58.00% |
Interest Expense | 26.49M 569.9% | 3.95M 6.9% | 4.25M 45.5% | 7.80M 27.3% | 6.13M | 0.00 | 0.00 |
Interest Income | 25.51M | 0.00 | 0.00 | 0.00 100.0% | 6.13M 2635.7% | 224.00K 92.0% | 2.79M |
Other Income (Expense) | 2.94M 654.1% | 390.00K 138.9% | -1.00M 144.4% | 2.26M 109.9% | -22.79M 5604.1% | 414.00K 85.7% | 2.89M |
Pre-Tax Income | -225.90M 19.3% | -189.41M 5.9% | -178.92M 34.6% | -132.95M 6.5% | -124.84M 128.9% | -54.54M 81.8% | -30.01M |
Pre-Tax Margin % | -38.00% 11.6% | -43.00% 41.1% | -73.00% 15.9% | -63.00% 68.7% | -201.00% 29.7% | -155.00% 150.0% | -62.00% |
Tax Provision | -27.69M 3724.1% | 764.00K 79.1% | 3.65M 21.7% | 3.00M 139.9% | -7.52M 1710.3% | 467.00K 31.9% | 354.00K |
Net Income | -198.21M 4.2% | -190.18M 4.2% | -182.57M 34.3% | -135.94M 15.9% | -117.32M 113.3% | -55.01M 81.2% | -30.36M |
Net Margin % | -33.00% 25.0% | -44.00% 41.3% | -75.00% 17.2% | -64.00% 66.1% | -189.00% 21.2% | -156.00% 147.6% | -63.00% |
Basic EPS | -0.37 2.6% | -0.38 0.0% | -0.38 31.0% | -0.29 11.5% | -0.26 62.9% | -0.70 81.5% | -3.79 |
Diluted EPS | -0.37 2.6% | -0.38 0.0% | -0.38 31.0% | -0.29 11.5% | -0.26 62.9% | -0.70 81.5% | -3.79 |
Basic Shares Outstanding | 530.66M 7.0% | 495.93M 2.9% | 481.77M 3.3% | 466.21M 3.1% | 452.21M 476.7% | 78.41M 878.1% | 8.02M |
Diluted Shares Outstanding | 530.66M 7.0% | 495.93M 2.9% | 481.77M 3.3% | 466.21M 3.1% | 452.21M 476.7% | 78.41M 878.1% | 8.02M |