Financial statements and analysis
Showing the last 5 fiscal years: 2021 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 12, 2026 | 2024 Dec 31, 2024 Apr 2, 2025 | 2023 Dec 31, 2023 Dec 31, 2023 | 2022 Dec 31, 2022 Dec 31, 2022 | 2021 Dec 31, 2021 Dec 31, 2021 |
|---|
Total Revenue | 2.65M 46.3% | 1.81M 773.3% | 207.54K 92.5% | 107.82K | 0.00 |
Cost of Revenue | 18.03M 855.3% | 1.89M 9.1% | 1.73M 50.7% | 1.15M 2604.2% | 42.47K |
Gross Profit | -15.38M 20366.8% | -75.16K 95.1% | -1.52M 46.3% | -1.04M 2350.3% | -42.47K |
Gross Margin % | -580.00% 14400.0% | -4.00% 99.5% | -734.00% 23.9% | -965.00% | - |
Research & Development | 45.27M 86.6% | 24.26M 143.8% | 9.95M 26.7% | 13.57M 91.3% | 7.09M |
General & Administrative | 37.12M 267.8% | 10.09M 118.5% | 4.62M 22.0% | 3.79M 53.6% | 2.47M |
Selling & Marketing | 2.90M 402.7% | 577.08K 4.6% | 605.21K 15.2% | 525.49K 276.3% | 139.66K |
SG&A Expenses | 40.02M 275.1% | 10.67M 104.3% | 5.22M 21.2% | 4.31M 65.5% | 2.61M |
Other Operating Expenses | 12.10M 267.9% | 3.29M 18.5% | 4.03M 298.2% | -2.04M 120.1% | -924.50K |
Total Operating Expenses | 97.39M 154.8% | 38.21M 99.0% | 19.20M 3.6% | 19.91M 87.5% | 10.62M |
Cost and Expenses | 115.42M 202.0% | 38.21M 82.5% | 20.94M 0.6% | 21.06M 98.3% | 10.62M |
Operating Income | -112.77M 194.5% | -38.29M 84.7% | -20.73M 1.1% | -20.95M 97.3% | -10.62M |
Operating Margin % | -4254.00% 101.3% | -2113.00% 78.8% | -9987.00% 48.6% | -19434.00% | - |
EBITDA | -96.80M 154.9% | -37.98M 118.3% | -17.39M 16.5% | -20.83M 96.9% | -10.58M |
EBITDA Margin % | -3652.00% 74.3% | -2095.00% 75.0% | -8381.00% 56.6% | -19320.00% | - |
Interest Expense | 3.00K 99.6% | 680.55K 69.9% | 2.26M 255.9% | 636.33K | 0.00 |
Interest Income | 7.27M | 0.00 | 0.00 | 0.00 | 0.00 |
Other Income (Expense) | 7.75M 959.3% | -902.11K 77.9% | -4.09M 353.0% | -902.07K 91.8% | -11.04M |
Pre-Tax Income | -105.02M 168.0% | -39.19M 57.9% | -24.81M 13.5% | -21.86M 0.9% | -21.67M |
Pre-Tax Margin % | -3961.00% 83.2% | -2162.00% 81.9% | -11956.00% 41.0% | -20270.00% | - |
Tax Provision | -3.66M | 0.00 | 0.00 | 0.00 100.0% | -194.09K |
Net Income | -101.36M 158.6% | -39.19M 57.9% | -24.81M 13.5% | -21.86M 0.9% | -21.67M |
Net Margin % | -3824.00% 76.9% | -2162.00% 81.9% | -11956.00% 41.0% | -20270.00% | - |
Basic EPS | -1.63 52.3% | -1.07 59.7% | -0.67 13.6% | -0.59 0.0% | -0.59 |
Diluted EPS | -1.63 52.3% | -1.07 59.7% | -0.67 13.6% | -0.59 33.0% | -0.88 |
Basic Shares Outstanding | 62.28M 69.9% | 36.66M 0.8% | 36.94M 0.0% | 36.94M 0.0% | 36.94M |
Diluted Shares Outstanding | 62.28M 69.9% | 36.66M 0.8% | 36.94M 0.0% | 36.94M 0.0% | 36.94M |