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 May 1, 2025 | 2023 Dec 31, 2023 Feb 29, 2024 | 2022 Dec 31, 2022 Feb 23, 2023 | 2021 Dec 31, 2021 Mar 15, 2022 | 2020 Dec 31, 2020 Mar 16, 2021 | 2019 Dec 31, 2019 Dec 31, 2019 | 2018 Dec 31, 2018 Dec 31, 2018 |
|---|
Total Revenue | 1.00M 82.5% | 5.72M 245.3% | 1.66M 154.1% | 652.00K 97.8% | 30.02M 202.2% | 9.93M 0.5% | 9.89M 55.9% | 22.44M |
Cost of Revenue | 2.95M | 0.00 100.0% | 4.04M 19.8% | 3.38M 144.6% | 1.38M 96.3% | 37.48M 29.2% | 29.00M 16.9% | 24.81M |
Gross Profit | -1.95M 134.1% | 5.72M 339.9% | -2.38M 12.4% | -2.72M 109.5% | 28.64M 203.9% | -27.55M 44.1% | -19.11M 708.2% | -2.37M |
Gross Margin % | -195.00% 295.0% | 100.00% 169.4% | -144.00% 65.6% | -418.00% 540.0% | 95.00% 134.3% | -277.00% 43.5% | -193.00% 1654.5% | -11.00% |
Research & Development | 35.27M 47.5% | 67.21M 9.6% | 74.31M 10.4% | 82.90M 46.6% | 56.56M 50.9% | 37.48M 28.3% | 29.22M 17.8% | 24.81M |
General & Administrative | 17.23M 9.7% | 19.08M 1.2% | 19.30M 8.4% | 21.08M 12.6% | 18.72M 99.6% | 9.38M 63.6% | 5.74M 51.6% | 3.78M |
Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
SG&A Expenses | 17.23M 9.7% | 19.08M 1.2% | 19.30M 8.4% | 21.08M 12.6% | 18.72M 99.6% | 9.38M 63.6% | 5.74M 51.6% | 3.78M |
Other Operating Expenses | -2.95M | 0.00 | 0.00 100.0% | -208.00K 37.0% | -330.00K 49.3% | -221.00K 123.2% | -99.00K 72.3% | -357.00K |
Total Operating Expenses | 49.56M 42.6% | 86.29M 7.8% | 93.61M 10.0% | 103.98M 38.1% | 75.29M 60.6% | 46.87M 34.1% | 34.95M 22.3% | 28.59M |
Cost and Expenses | 52.51M 39.1% | 86.29M 7.8% | 93.61M 10.0% | 103.98M 38.1% | 75.29M 60.6% | 46.87M 34.1% | 34.95M 22.3% | 28.59M |
Operating Income | -51.51M 36.1% | -80.57M 12.4% | -91.96M 11.0% | -103.33M 128.3% | -45.27M 22.6% | -36.93M 47.3% | -25.07M 307.7% | -6.15M |
Operating Margin % | -5151.00% 265.8% | -1408.00% 74.6% | -5550.00% 65.0% | -15848.00% 10395.4% | -151.00% 59.4% | -372.00% 46.5% | -254.00% 840.7% | -27.00% |
EBITDA | -45.12M 41.2% | -76.74M 12.7% | -87.92M 12.3% | -100.26M 128.4% | -43.89M 20.9% | -36.31M 48.0% | -24.53M 444.9% | -4.50M |
EBITDA Margin % | -4512.00% 236.5% | -1341.00% 74.7% | -5306.00% 65.5% | -15377.00% 10432.2% | -146.00% 60.1% | -366.00% 47.6% | -248.00% 1140.0% | -20.00% |
Interest Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 100.0% | 2.63M |
Interest Income | 2.70M 47.8% | 5.17M 10.8% | 4.67M 193.3% | 1.59M 154.7% | 625.00K 13.8% | 549.00K 53.6% | 1.18M 22.6% | 966.00K |
Other Income (Expense) | 2.70M 47.7% | 5.16M 10.7% | 4.66M 236.6% | 1.38M 369.2% | 295.00K 10.1% | 328.00K 69.8% | 1.08M 187.5% | -1.24M |
Pre-Tax Income | -48.81M 35.3% | -75.41M 13.6% | -87.30M 14.4% | -101.94M 126.7% | -44.97M 22.9% | -36.60M 52.6% | -23.98M 224.6% | -7.39M |
Pre-Tax Margin % | -4881.00% 270.3% | -1318.00% 75.0% | -5268.00% 66.3% | -15636.00% 10324.0% | -150.00% 59.2% | -368.00% 51.4% | -243.00% 636.4% | -33.00% |
Tax Provision | 0.00 | 0.00 | 0.00 | 0.00 100.0% | -625.00K 46.4% | -1.17M 1078.8% | -99.00K | 0.00 |
Net Income | -48.81M 35.3% | -75.41M 13.6% | -87.30M 14.4% | -101.94M 129.9% | -44.35M 25.2% | -35.44M 48.4% | -23.88M 223.3% | -7.39M |
Net Margin % | -4881.00% 270.3% | -1318.00% 75.0% | -5268.00% 66.3% | -15636.00% 10464.9% | -148.00% 58.5% | -357.00% 47.5% | -242.00% 633.3% | -33.00% |
Basic EPS | -0.70 53.0% | -1.49 27.3% | -2.05 13.5% | -2.37 123.6% | -1.06 24.7% | -0.85 49.1% | -0.57 16.3% | -0.49 |
Diluted EPS | -0.70 53.0% | -1.49 27.3% | -2.05 13.5% | -2.37 123.6% | -1.06 24.7% | -0.85 49.1% | -0.57 16.3% | -0.49 |
Basic Shares Outstanding | 69.58M 37.1% | 50.76M 19.2% | 42.60M 0.5% | 42.38M 0.8% | 42.03M 0.6% | 41.77M 0.1% | 41.74M 177.5% | 15.04M |
Diluted Shares Outstanding | 69.58M 37.1% | 50.76M 19.2% | 42.60M 0.5% | 42.38M 0.8% | 42.03M 0.6% | 41.77M 0.1% | 41.74M 177.5% | 15.04M |