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 15, 2025 | 2023 Dec 31, 2023 Dec 31, 2023 | 2022 Dec 31, 2022 Dec 31, 2022 | 2021 Dec 31, 2021 Dec 31, 2021 | 2020 Dec 31, 2020 Dec 13, 2021 |
|---|
Total Revenue | 45.15M 53.4% | 29.43M 59.0% | 18.51M 49.3% | 12.40M 47.6% | 8.40M 54.6% | 5.43M |
Cost of Revenue | 6.96M 69.8% | 4.10M 57.5% | 2.60M 15.4% | 2.26M 89.3% | 1.19M 45.7% | 2.20M |
Gross Profit | 38.19M 50.8% | 25.33M 59.2% | 15.91M 56.9% | 10.14M 40.7% | 7.21M 122.7% | 3.24M |
Gross Margin % | 85.00% 1.2% | 86.00% 0.0% | 86.00% 4.9% | 82.00% 4.7% | 86.00% 43.3% | 60.00% |
Research & Development | 14.96M 15.4% | 17.69M 40.1% | 29.51M 38.2% | 21.36M 50.2% | 14.22M 10.1% | 15.82M |
General & Administrative | 21.46M 19.4% | 17.97M 23.6% | 23.51M 88.4% | 12.48M 42.6% | 8.75M 27.4% | 6.87M |
Selling & Marketing | 28.71M 11.1% | 25.84M 51.7% | 17.03M 33.7% | 12.74M 54.2% | 8.26M 33.6% | 6.19M |
SG&A Expenses | 50.17M 14.5% | 43.80M 8.0% | 40.55M 60.8% | 25.22M 48.2% | 17.02M 30.3% | 13.06M |
Other Operating Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Total Operating Expenses | 65.13M 5.9% | 61.49M 12.2% | 70.06M 50.4% | 46.58M 49.1% | 31.24M 7.6% | 29.02M |
Cost and Expenses | 72.10M 9.9% | 65.60M 9.7% | 72.66M 48.8% | 48.84M 50.6% | 32.43M 3.9% | 31.22M |
Operating Income | -26.95M 25.5% | -36.16M 33.2% | -54.15M 48.6% | -36.44M 51.6% | -24.03M 6.3% | -25.65M |
Operating Margin % | -60.00% 51.2% | -123.00% 58.0% | -293.00% 0.3% | -294.00% 2.8% | -286.00% 39.4% | -472.00% |
EBITDA | -33.05M 8.6% | -36.16M 38.0% | -58.30M 24.7% | -46.76M 98.4% | -23.57M 6.9% | -25.32M |
EBITDA Margin % | -73.00% 40.7% | -123.00% 61.0% | -315.00% 16.4% | -377.00% 34.2% | -281.00% 39.7% | -466.00% |
Interest Expense | 5.54M 79.4% | 3.09M 19212.5% | 16.00K 1500.0% | 1.00K 99.9% | 1.76M | 0.00 |
Interest Income | 555.00K 37.4% | 404.00K 6.3% | 431.00K 139.4% | 180.00K | 0.00 | 0.00 |
Other Income (Expense) | -12.27M 300.4% | 6.13M 225.6% | -4.88M 54.6% | -10.74M 123.3% | -4.81M 22.2% | -6.18M |
Pre-Tax Income | -39.22M 30.6% | -30.04M 49.1% | -59.03M 25.1% | -47.18M 63.6% | -28.84M 9.4% | -31.83M |
Pre-Tax Margin % | -87.00% 14.7% | -102.00% 68.0% | -319.00% 16.3% | -381.00% 11.1% | -343.00% 41.5% | -586.00% |
Tax Provision | 7.00K 16.7% | 6.00K 33.3% | 9.00K 0.0% | 9.00K 200.0% | 3.00K 25.0% | 4.00K |
Net Income | -39.23M 18.0% | -33.23M 43.7% | -59.04M 25.1% | -47.19M 63.6% | -28.84M 9.4% | -31.83M |
Net Margin % | -87.00% 23.0% | -113.00% 64.6% | -319.00% 16.3% | -381.00% 11.1% | -343.00% 41.5% | -586.00% |
Basic EPS | -1.84 47.2% | -1.25 43.9% | -2.23 40.3% | -1.59 72.8% | -0.92 11.5% | -1.04 |
Diluted EPS | -1.84 47.2% | -1.25 43.9% | -2.23 40.3% | -1.59 72.8% | -0.92 11.5% | -1.04 |
Basic Shares Outstanding | 49.19M 85.6% | 26.50M 0.1% | 26.47M 10.6% | 29.61M 5.3% | 31.25M 2.3% | 30.56M |
Diluted Shares Outstanding | 37.90M 43.0% | 26.50M 0.1% | 26.47M 10.6% | 29.61M 5.3% | 31.25M 2.3% | 30.56M |