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 2, 2026 | 2024 Dec 31, 2024 Apr 30, 2025 | 2023 Dec 31, 2023 Mar 4, 2024 | 2022 Dec 31, 2022 Mar 6, 2023 | 2021 Dec 31, 2021 Mar 1, 2022 | 2020 Dec 31, 2020 Mar 29, 2021 | 2019 Dec 31, 2019 Dec 31, 2019 | 2018 Dec 31, 2018 Dec 31, 2018 |
|---|
Total Revenue | 16.12M 15.6% | 13.95M 8.1% | 15.18M 3.4% | 14.69M 129.7% | 6.39M 874.7% | 656.00K 1031.0% | 58.00K | 0.00 |
Cost of Revenue | 8.11M 14.0% | 7.12M 12.8% | 8.15M 2.7% | 7.94M 147.8% | 3.21M | 0.00 100.0% | 701.00K 601.0% | 100.00K |
Gross Profit | 8.01M 17.2% | 6.83M 2.8% | 7.03M 4.2% | 6.74M 111.4% | 3.19M 386.1% | 656.00K 202.0% | -643.00K 543.0% | -100.00K |
Gross Margin % | 50.00% 2.0% | 49.00% 6.5% | 46.00% 0.0% | 46.00% 8.0% | 50.00% 50.0% | 100.00% 109.0% | -1109.00% | - |
Research & Development | 43.87M 13.3% | 50.59M 4.6% | 53.02M 15.8% | 45.80M 57.3% | 29.12M 53.7% | 18.94M 52.8% | 12.39M 228.2% | 3.78M |
General & Administrative | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 100.0% | 15.36M 233.5% | 4.61M 54.5% | 2.98M |
Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
SG&A Expenses | 42.58M 24.7% | 56.57M 4.0% | 58.95M 0.7% | 58.53M 27.9% | 45.76M 197.9% | 15.36M 233.5% | 4.61M 54.5% | 2.98M |
Other Operating Expenses | -459.00K | 0.00 | 0.00 100.0% | -351.00K 57.4% | -223.00K 2377.8% | -9.00K 84.5% | -58.00K | 0.00 |
Total Operating Expenses | 86.00M 19.7% | 107.16M 4.3% | 111.97M 7.7% | 103.98M 39.3% | 74.66M 117.6% | 34.30M 102.5% | 16.94M 150.7% | 6.76M |
Cost and Expenses | 94.11M 17.6% | 114.27M 4.9% | 120.12M 7.3% | 111.92M 43.7% | 77.87M 127.0% | 34.30M 102.5% | 16.94M 150.7% | 6.76M |
Operating Income | -77.99M 22.1% | -100.10M 3.2% | -103.46M 6.4% | -97.23M 36.0% | -71.47M 112.4% | -33.65M 99.3% | -16.88M 149.8% | -6.76M |
Operating Margin % | -484.00% 32.6% | -718.00% 5.4% | -681.00% 2.9% | -662.00% 40.8% | -1118.00% 78.2% | -5129.00% 82.4% | -29109.00% | - |
EBITDA | -71.89M 23.5% | -93.92M 4.0% | -97.89M 4.9% | -93.29M 36.0% | -68.59M 120.1% | -31.17M 103.3% | -15.33M 147.0% | -6.21M |
EBITDA Margin % | -446.00% 33.7% | -673.00% 4.3% | -645.00% 1.6% | -635.00% 40.8% | -1073.00% 77.4% | -4751.00% 82.0% | -26434.00% | - |
Interest Expense | 0.00 | 0.00 | 0.00 | 0.00 100.0% | 22.00K | 0.00 100.0% | 5.00K | 0.00 |
Interest Income | 11.52M 30.9% | 16.67M 6.2% | 17.76M 286.0% | 4.60M 1311.7% | 326.00K 63.1% | 883.00K 3.9% | 850.00K 88.5% | 451.00K |
Other Income (Expense) | 4.59M 66.2% | 13.60M 20.9% | 17.19M 302.6% | 4.27M 1304.3% | 304.00K 65.2% | 874.00K 3.4% | 845.00K 87.4% | 451.00K |
Pre-Tax Income | -73.40M 15.1% | -86.50M 0.3% | -86.28M 7.2% | -92.97M 30.6% | -71.17M 117.1% | -32.77M 104.4% | -16.04M 154.3% | -6.31M |
Pre-Tax Margin % | -455.00% 26.6% | -620.00% 9.2% | -568.00% 10.3% | -633.00% 43.1% | -1113.00% 77.7% | -4996.00% 81.9% | -27652.00% | - |
Tax Provision | 201.00K 105.1% | 98.00K | 0.00 100.0% | -4.27M 68.3% | -2.54M 57.9% | -1.61M 32220.0% | 5.00K | 0.00 |
Net Income | -73.60M 15.0% | -86.60M 0.4% | -86.28M 2.7% | -88.70M 29.2% | -68.63M 120.2% | -31.17M 94.3% | -16.04M 154.4% | -6.31M |
Net Margin % | -457.00% 26.4% | -621.00% 9.3% | -568.00% 6.0% | -604.00% 43.7% | -1073.00% 77.4% | -4751.00% 82.8% | -27660.00% | - |
Basic EPS | -1.28 7.9% | -1.39 3.0% | -1.35 4.9% | -1.42 25.7% | -1.13 121.6% | -0.51 96.2% | -0.26 10.3% | -0.29 |
Diluted EPS | -1.28 7.9% | -1.39 3.0% | -1.35 4.9% | -1.42 25.7% | -1.13 121.6% | -0.51 96.2% | -0.26 10.3% | -0.29 |
Basic Shares Outstanding | 57.45M 7.9% | 62.35M 2.4% | 63.85M 2.3% | 62.43M 2.6% | 60.86M 0.1% | 60.91M 0.0% | 60.91M 183.9% | 21.45M |
Diluted Shares Outstanding | 57.45M 7.9% | 62.35M 2.4% | 63.85M 2.3% | 62.43M 2.6% | 60.86M 0.1% | 60.91M 0.0% | 60.91M 183.9% | 21.45M |