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 19, 2026 | 2024 Dec 31, 2024 Mar 20, 2025 | 2023 Dec 31, 2023 Dec 31, 2023 | 2022 Dec 31, 2022 Mar 16, 2023 | 2021 Dec 31, 2021 Mar 31, 2022 | 2020 Dec 31, 2020 Mar 23, 2021 | 2019 Dec 31, 2019 Mar 13, 2020 | 2018 Dec 31, 2018 Mar 22, 2019 |
|---|
Total Revenue | 0.00 | 0.00 | 0.00 100.0% | 1.00M 86.8% | 7.60M 300.0% | 1.90M | 0.00 | 0.00 |
Cost of Revenue | 0.00 | 0.00 | 0.00 100.0% | 100.00K 50.0% | 200.00K 46.9% | 377.00K | 0.00 | 0.00 |
Gross Profit | 0.00 | 0.00 | 0.00 100.0% | 900.00K 87.8% | 7.40M 289.5% | 1.90M | 0.00 | 0.00 |
Gross Margin % | - | - | - 100.0% | 90.00% 7.2% | 97.00% 3.0% | 100.00% | - | - |
Research & Development | 16.02M 16.1% | 19.10M 20.5% | 24.01M 20.7% | 30.27M 41.6% | 21.37M 130.3% | 9.28M 27.4% | 7.29M 60.2% | 18.32M 201.9% |
General & Administrative | 12.25M 1.3% | 12.42M 10.4% | 13.86M 10.2% | 12.58M 11.1% | 11.32M 17.9% | 9.60M 3.3% | 9.92M 22.3% | 12.77M 15.4% |
Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
SG&A Expenses | 12.25M 1.3% | 12.42M 10.4% | 13.86M 10.2% | 12.58M 11.1% | 11.32M 17.9% | 9.60M 3.3% | 9.92M 22.3% | 12.77M 15.4% |
Other Operating Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 100.0% | -3.03M |
Total Operating Expenses | 28.27M 10.3% | 31.51M 16.8% | 37.87M 11.6% | 42.85M 31.1% | 32.69M 73.1% | 18.88M 9.7% | 17.21M 45.5% | 31.59M 49.3% |
Cost and Expenses | 28.27M | 0.00 100.0% | 37.87M 11.8% | 42.95M 30.6% | 32.89M 74.2% | 18.88M 9.7% | 17.21M 44.6% | 31.09M 47.0% |
Operating Income | -28.27M 10.3% | -31.51M 16.8% | -37.87M 9.7% | -41.95M 65.8% | -25.29M 48.9% | -16.98M 15.3% | -20.04M 36.6% | -31.59M 101.0% |
Operating Margin % | - | - | - 100.0% | -4195.00% 1159.8% | -333.00% 62.8% | -894.00% | - | - |
EBITDA | -26.86M 13.0% | -30.88M 5937.6% | 529.00K 101.7% | -31.95M 63.1% | -19.59M 19.5% | -16.40M 2554.6% | 668.00K | 0.00 100.0% |
EBITDA Margin % | - | - | - 100.0% | -3195.00% 1138.4% | -258.00% 70.1% | -863.00% | - | - |
Interest Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 100.0% | 118.00K 55.6% | 266.00K 42.4% |
Interest Income | 1.41M 123.3% | 632.00K 20.4% | 525.00K 65.6% | 317.00K 5183.3% | 6.00K 76.9% | 26.00K 78.0% | 118.00K | 0.00 |
Other Income (Expense) | 1.41M 123.3% | 632.00K 19.5% | 529.00K 18.5% | 649.00K 85.1% | 4.36M 1995.2% | 208.00K 68.9% | 668.00K 73.7% | 2.54M 132.6% |
Pre-Tax Income | -26.86M 13.0% | -30.88M 17.3% | -37.34M 9.6% | -41.30M 97.3% | -20.94M 24.8% | -16.77M 13.4% | -19.37M 33.3% | -29.05M 23.6% |
Pre-Tax Margin % | - | - | - 100.0% | -4130.00% 1401.8% | -275.00% 68.9% | -883.00% | - | - |
Tax Provision | 0.00 | 0.00 | 0.00 | 0.00 100.0% | -237.00K 1294.1% | -17.00K 79.0% | -81.00K 94.1% | -1.38M 644.7% |
Net Income | -26.86M 13.0% | -30.88M 17.3% | -37.34M 9.6% | -41.30M 99.5% | -20.70M 23.5% | -16.76M 13.1% | -19.29M 30.3% | -27.67M 16.5% |
Net Margin % | - | - | - 100.0% | -4130.00% 1418.4% | -272.00% 69.2% | -882.00% | - | - |
Basic EPS | -0.25 395.0% | -0.05 66.3% | -0.15 93.0% | -2.13 59.0% | -1.34 36.5% | -2.11 151.2% | -0.84 92.9% | -11.76 79.1% |
Diluted EPS | -0.25 400.0% | -0.05 66.7% | -0.15 93.0% | -2.13 59.0% | -1.34 36.5% | -2.11 151.2% | -0.84 92.9% | -11.76 79.1% |
Basic Shares Outstanding | 109.05M 82.2% | 612.02M 144.8% | 249.99M 1188.9% | 19.40M 25.3% | 15.48M 94.1% | 7.98M 65.4% | 23.03M 878.3% | 2.35M 5131.1% |
Diluted Shares Outstanding | 109.05M 82.2% | 612.02M 144.8% | 249.99M 1188.9% | 19.40M 25.3% | 15.48M 94.1% | 7.98M 65.4% | 23.03M 878.3% | 2.35M 4929.2% |