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 5, 2026 | 2024 Dec 31, 2024 Apr 30, 2025 | 2023 Dec 31, 2023 Mar 13, 2024 | 2022 Dec 31, 2022 Mar 15, 2023 | 2021 Dec 31, 2021 Mar 17, 2022 | 2020 Dec 31, 2020 Mar 30, 2021 | 2019 Dec 31, 2019 Dec 31, 2019 | 2018 Dec 31, 2018 Dec 31, 2018 |
|---|
Total Revenue | 559.00K 98.7% | 43.26M 70.5% | 25.38M 45.0% | 17.50M 41.0% | 12.41M 126.6% | 5.48M 2145.5% | 244.00K | 0.00 100.0% |
Cost of Revenue | 215.00K 98.2% | 11.81M 14.5% | 10.32M 5.2% | 10.88M 45.9% | 7.46M 98.2% | 3.76M | 0.00 100.0% | 9.74M 22.7% |
Gross Profit | 344.00K 98.9% | 31.45M 108.9% | 15.06M 127.4% | 6.62M 33.5% | 4.96M 188.8% | 1.72M 603.7% | 244.00K 102.5% | -9.74M 22.9% |
Gross Margin % | 62.00% 15.1% | 73.00% 23.7% | 59.00% 55.3% | 38.00% 5.0% | 40.00% 29.0% | 31.00% 69.0% | 100.00% | - 100.0% |
Research & Development | 67.75M 0.2% | 67.88M 54.2% | 44.02M 23.6% | 35.60M 15.7% | 30.77M 52.2% | 20.21M 51.5% | 13.34M 36.9% | 9.74M 22.7% |
General & Administrative | 22.34M 16.9% | 26.88M 30.3% | 20.64M 5.2% | 19.61M 2.0% | 20.01M 43.1% | 13.98M 45.0% | 9.64M 11.0% | 10.83M 67.5% |
Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
SG&A Expenses | 22.34M 16.9% | 26.88M 30.3% | 20.64M 5.2% | 19.61M 2.0% | 20.01M 43.1% | 13.98M 45.0% | 9.64M 11.0% | 10.83M 67.5% |
Other Operating Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 100.0% | 3.37M | 0.00 | 0.00 |
Total Operating Expenses | 90.10M 4.9% | 94.77M 46.6% | 64.66M 17.1% | 55.21M 8.7% | 50.77M 35.2% | 37.56M 63.5% | 22.98M 11.7% | 20.57M 42.8% |
Cost and Expenses | 90.31M 15.3% | 106.58M 42.1% | 74.98M 13.4% | 66.09M 13.5% | 58.23M 40.9% | 41.33M 79.9% | 22.98M 11.7% | 20.57M 42.8% |
Operating Income | -89.75M 41.7% | -63.32M 27.6% | -49.60M 2.1% | -48.59M 6.1% | -45.81M 27.8% | -35.85M 57.7% | -22.73M 10.5% | -20.57M 42.9% |
Operating Margin % | -16056.00% 10897.3% | -146.00% 25.1% | -195.00% 29.9% | -278.00% 24.7% | -369.00% 43.6% | -654.00% 93.0% | -9317.00% | - 100.0% |
EBITDA | -88.05M 79.7% | -48.99M 1.6% | -49.78M 4.0% | -47.88M 5.4% | -45.42M 27.8% | -35.53M 58.9% | -22.36M 10.8% | -20.17M 506.3% |
EBITDA Margin % | -15751.00% 13838.9% | -113.00% 42.3% | -196.00% 28.5% | -274.00% 25.1% | -366.00% 43.5% | -648.00% 92.9% | -9162.00% | - 100.0% |
Interest Expense | 0.00 | 0.00 100.0% | 34.00K 27.7% | 47.00K 487.5% | 8.00K 50.0% | 16.00K 51.5% | 33.00K | 0.00 100.0% |
Interest Income | 3.48M 22.2% | 4.47M 209.3% | 1.45M 539.8% | 226.00K 2160.0% | 10.00K 92.2% | 129.00K 377.8% | 27.00K 30.8% | 39.00K |
Other Income (Expense) | 1.15M 93.9% | 18.86M 2770.7% | -706.00K 157.6% | 1.23M 3016.7% | -42.00K 78.4% | -194.00K 42.6% | -136.00K 402.2% | 45.00K 99.6% |
Pre-Tax Income | -88.60M 99.3% | -44.46M 11.6% | -50.31M 6.2% | -47.37M 3.3% | -45.86M 27.2% | -36.04M 57.6% | -22.87M 11.4% | -20.53M 443.7% |
Pre-Tax Margin % | -15850.00% 15288.3% | -103.00% 48.0% | -198.00% 26.9% | -271.00% 26.6% | -369.00% 43.9% | -658.00% 93.0% | -9373.00% | - 100.0% |
Tax Provision | 11.00K 98.7% | 845.00K 112.0% | -7.04M 2.4% | -6.88M 6.7% | -6.45M 84.5% | -3.49M 6.3% | -3.29M 55.5% | -2.12M 1.9% |
Net Income | -88.61M 95.6% | -45.31M 4.7% | -43.27M 6.9% | -40.49M 2.7% | -39.41M 21.1% | -32.55M 66.2% | -19.58M 6.4% | -18.41M 1037.9% |
Net Margin % | -15852.00% 14997.1% | -105.00% 38.6% | -171.00% 26.0% | -231.00% 27.1% | -317.00% 46.6% | -594.00% 92.6% | -8025.00% | - 100.0% |
Basic EPS | -1.89 92.9% | -0.98 16.2% | -1.17 7.1% | -1.26 4.5% | -1.32 10.0% | -1.20 53.8% | -0.78 0.0% | -0.78 1025.5% |
Diluted EPS | -1.89 92.9% | -0.98 16.2% | -1.17 7.1% | -1.26 4.5% | -1.32 10.0% | -1.20 53.8% | -0.78 0.0% | -0.78 1014.3% |
Basic Shares Outstanding | 47.23M 0.0% | 47.22M 27.3% | 37.09M 15.2% | 32.19M 8.6% | 29.65M 8.8% | 27.26M 8.8% | 25.04M 6.8% | 23.44M 0.5% |
Diluted Shares Outstanding | 47.23M 0.0% | 47.22M 27.3% | 37.09M 15.2% | 32.19M 8.6% | 29.65M 8.8% | 27.26M 8.9% | 25.04M 6.8% | 23.44M 0.5% |