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 23, 2026 | 2024 Dec 31, 2024 Mar 31, 2025 | 2023 Dec 31, 2023 Apr 10, 2024 | 2022 Dec 31, 2022 Mar 31, 2023 | 2021 Dec 31, 2021 Mar 28, 2022 | 2020 Dec 31, 2020 Mar 31, 2021 | 2019 Dec 31, 2019 Dec 31, 2019 |
|---|
Total Revenue | 3.48M 67.4% | 10.65M | 0.00 100.0% | 12.50M | 0.00 | 0.00 | 0.00 |
Cost of Revenue | 537.00K | 0.00 100.0% | 27.23M 733.0% | 3.27M 0.8% | 3.30M 12.6% | 2.93M | 0.00 |
Gross Profit | 2.94M 68.1% | 9.21M 133.8% | -27.23M 395.0% | 9.23M 380.0% | -3.30M 12.6% | -2.93M | 0.00 |
Gross Margin % | 85.00% 1.2% | 86.00% | - 100.0% | 74.00% | - | - | - |
Research & Development | 29.36M 39.0% | 21.13M 22.4% | 27.23M 26.4% | 37.01M 7.9% | 40.18M 56.4% | 25.68M 31.0% | 19.60M |
General & Administrative | 16.20M 7.6% | 15.06M 4.7% | 15.80M 20.3% | 19.83M 39.5% | 14.21M 99.6% | 7.12M 29.4% | 5.50M |
Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
SG&A Expenses | 16.20M 7.6% | 15.06M 4.7% | 15.80M 20.3% | 19.83M 39.5% | 14.21M 99.6% | 7.12M 29.4% | 5.50M |
Other Operating Expenses | -537.00K | 0.00 100.0% | -24.48M 424.0% | 7.55M 2396.0% | -329.00K | 0.00 | 0.00 |
Total Operating Expenses | 45.03M 24.4% | 36.19M 95.1% | 18.55M 67.4% | 56.84M 4.5% | 54.39M 65.8% | 32.81M 32.3% | 24.81M |
Cost and Expenses | 45.57M 25.9% | 36.19M 20.9% | 45.78M 19.5% | 56.84M 4.5% | 54.39M 65.8% | 32.81M 32.3% | 24.81M |
Operating Income | -42.09M 64.8% | -25.54M 44.2% | -45.78M 3.2% | -44.34M 18.5% | -54.39M 65.8% | -32.81M 30.7% | -25.11M |
Operating Margin % | -1211.00% 404.6% | -240.00% | - 100.0% | -355.00% | - | - | - |
EBITDA | -241.49M 845.6% | -25.54M 37.9% | -41.13M 3.0% | -42.38M 17.5% | -51.35M 63.7% | -31.37M 37.4% | -22.82M |
EBITDA Margin % | -6945.00% 2793.8% | -240.00% | - 100.0% | -339.00% | - | - | - |
Interest Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Interest Income | 3.02M 78.4% | 1.69M 27.6% | 2.34M 199.6% | 781.00K 984.7% | 72.00K 20.9% | 91.00K 79.5% | 444.00K |
Other Income (Expense) | -199.93M 425.8% | -38.02M 1488.8% | 2.74M 67.2% | 8.34M 3343.2% | -257.00K 382.4% | 91.00K 87.8% | 744.00K |
Pre-Tax Income | -242.03M 280.8% | -63.56M 47.7% | -43.04M 19.5% | -36.00M 34.1% | -54.65M 67.0% | -32.72M 34.3% | -24.36M |
Pre-Tax Margin % | -6961.00% 1066.0% | -597.00% | - 100.0% | -288.00% | - | - | - |
Tax Provision | 0.00 | 0.00 | 0.00 100.0% | -8.34M | 0.00 100.0% | -91.00K | 0.00 |
Net Income | -242.03M 280.8% | -63.56M 47.7% | -43.04M 55.6% | -27.67M 47.3% | -52.51M 61.0% | -32.63M 33.9% | -24.36M |
Net Margin % | -6961.00% 1066.0% | -597.00% | - 100.0% | -221.00% | - | - | - |
Basic EPS | -32.37 49.4% | -21.67 1.6% | -21.33 78.5% | -11.95 46.8% | -22.48 45.2% | -41.01 33.8% | -61.94 |
Diluted EPS | -32.37 49.4% | -21.67 1.6% | -21.33 78.5% | -11.95 46.8% | -22.48 45.2% | -41.01 33.8% | -61.94 |
Basic Shares Outstanding | 7.48M 155.0% | 2.93M 45.3% | 2.02M 12.8% | 2.31M 0.9% | 2.34M 193.6% | 795.60K 102.3% | 393.31K |
Diluted Shares Outstanding | 7.48M 155.0% | 2.93M 45.3% | 2.02M 12.8% | 2.31M 0.9% | 2.34M 193.6% | 795.60K 102.3% | 393.31K |