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 Feb 23, 2026 | 2024 Dec 31, 2024 Feb 25, 2025 | 2023 Dec 31, 2023 Feb 27, 2024 | 2022 Dec 31, 2022 Mar 17, 2023 | 2021 Dec 31, 2021 Mar 14, 2022 | 2020 Dec 31, 2020 Mar 31, 2021 | 2019 Dec 31, 2019 Dec 31, 2019 | 2018 Dec 31, 2018 Dec 31, 2018 |
|---|
Total Revenue | 451.36M 146.7% | 182.95M 948.6% | 17.45M 32.4% | 25.82M 54.7% | 57.03M | 0.00 | 0.00 | 0.00 |
Cost of Revenue | 30.68M 139.2% | 12.83M 705.1% | 1.59M 66.8% | 955.00K 54.0% | 2.08M 743.5% | 246.00K 232.4% | 74.00K 7300.0% | 1.00K |
Gross Profit | 420.68M 147.3% | 170.13M 973.1% | 15.85M 36.2% | 24.86M 54.8% | 54.95M 22438.2% | -246.00K 232.4% | -74.00K 7300.0% | -1.00K |
Gross Margin % | 93.00% 0.0% | 93.00% 2.2% | 91.00% 5.2% | 96.00% 0.0% | 96.00% | - | - | - |
Research & Development | 64.32M 20.5% | 53.39M 6.1% | 50.31M 18.0% | 42.62M 2.2% | 41.71M 121.6% | 18.83M 495.4% | 3.16M 250.9% | 901.00K |
General & Administrative | 0.00 | 0.00 | 0.00 100.0% | 44.95M 77.0% | 25.40M 210.8% | 8.17M 619.4% | 1.14M 153.0% | 449.00K |
Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
SG&A Expenses | 427.32M 80.1% | 237.31M 118.3% | 108.70M 141.8% | 44.95M 77.0% | 25.40M 210.8% | 8.17M 619.4% | 1.14M 153.0% | 449.00K |
Other Operating Expenses | 0.00 | 0.00 | 0.00 100.0% | 86.00K 217.8% | -73.00K | 0.00 | 0.00 | 0.00 |
Total Operating Expenses | 491.64M 69.1% | 290.70M 82.8% | 159.01M 81.6% | 87.57M 30.5% | 67.11M 148.6% | 27.00M 528.2% | 4.30M 218.4% | 1.35M |
Cost and Expenses | 522.33M 72.1% | 303.52M 89.0% | 160.60M 81.4% | 88.53M 28.0% | 69.18M 156.3% | 27.00M 528.2% | 4.30M 218.4% | 1.35M |
Operating Income | -70.97M 41.1% | -120.57M 15.8% | -143.16M 128.3% | -62.71M 415.9% | -12.16M 55.0% | -27.00M 528.2% | -4.30M 218.4% | -1.35M |
Operating Margin % | -16.00% 75.8% | -66.00% 92.0% | -821.00% 237.9% | -243.00% 1057.1% | -21.00% | - | - | - |
EBITDA | -53.61M 49.7% | -106.48M 19.1% | -131.67M 122.8% | -59.11M 348.9% | -13.17M 50.4% | -26.56M 483.2% | -4.55M 237.7% | -1.35M |
EBITDA Margin % | -12.00% 79.3% | -58.00% 92.3% | -755.00% 229.7% | -229.00% 895.7% | -23.00% | - | - | - |
Interest Expense | 8.94M 13.8% | 7.85M 134.6% | 3.35M 52.2% | 2.20M | 0.00 100.0% | 188.00K 370.0% | 40.00K | 0.00 |
Interest Income | 15.75M 4.9% | 15.01M 45.2% | 10.34M 195.4% | 3.50M 9619.4% | 36.00K 80.9% | 188.00K 370.0% | 40.00K | 0.00 |
Other Income (Expense) | 6.61M 31.8% | 5.01M 31.0% | 7.26M 1077.5% | 617.00K 138.2% | -1.61M 959.0% | 188.00K 150.7% | -371.00K 1259.4% | 32.00K |
Pre-Tax Income | -64.36M 44.3% | -115.55M 15.0% | -135.89M 118.8% | -62.09M 350.9% | -13.77M 48.6% | -26.81M 474.2% | -4.67M 254.2% | -1.32M |
Pre-Tax Margin % | -14.00% 77.8% | -63.00% 91.9% | -779.00% 223.2% | -241.00% 904.2% | -24.00% | - | - | - |
Tax Provision | 2.06M | 0.00 | 0.00 100.0% | -4.00K 107.3% | 55.00K 5400.0% | 1.00K 0.0% | 1.00K 0.0% | 1.00K |
Net Income | -66.42M 42.5% | -115.55M 15.0% | -135.89M 118.9% | -62.09M 349.1% | -13.83M 48.4% | -26.81M 474.1% | -4.67M 254.1% | -1.32M |
Net Margin % | -15.00% 76.2% | -63.00% 91.9% | -779.00% 223.2% | -241.00% 904.2% | -24.00% | - | - | - |
Basic EPS | -1.59 48.2% | -3.07 33.5% | -4.62 83.3% | -2.52 276.1% | -0.67 49.2% | -1.32 450.0% | -0.24 22.6% | -0.31 |
Diluted EPS | -1.59 48.2% | -3.07 33.5% | -4.62 83.3% | -2.52 276.1% | -0.67 49.2% | -1.32 450.0% | -0.24 22.6% | -0.31 |
Basic Shares Outstanding | 41.78M 11.1% | 37.60M 28.0% | 29.38M 19.3% | 24.62M 19.8% | 20.55M 1.1% | 20.32M 4.2% | 19.51M 355.3% | 4.29M |
Diluted Shares Outstanding | 41.78M 11.1% | 37.60M 28.0% | 29.38M 19.3% | 24.62M 19.8% | 20.55M 1.1% | 20.32M 4.2% | 19.51M 355.3% | 4.29M |