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 Feb 27, 2025 | 2023 Dec 31, 2023 Mar 18, 2024 | 2022 Dec 31, 2022 Mar 27, 2023 | 2021 Dec 31, 2021 Mar 28, 2022 | 2020 Dec 31, 2020 Mar 31, 2021 | 2019 Dec 31, 2019 Dec 31, 2019 |
|---|
Total Revenue | 62.38M 48.3% | 42.07M 15.2% | 36.53M 46.9% | 24.86M 32.9% | 37.04M 383.8% | 7.66M 68.9% | 24.65M |
Cost of Revenue | 2.28M | 0.00 100.0% | 115.20M 2759.9% | 4.03M 104.9% | 1.97M 21.0% | 1.63M 95.0% | 32.27M |
Gross Profit | 60.10M 42.9% | 42.07M 153.5% | -78.67M 477.6% | 20.83M 40.6% | 35.08M 481.6% | 6.03M 179.1% | -7.63M |
Gross Margin % | 96.00% 4.0% | 100.00% 146.5% | -215.00% 356.0% | 84.00% 11.6% | 95.00% 20.3% | 79.00% 354.8% | -31.00% |
Research & Development | 132.16M 8.2% | 143.92M 24.9% | 115.20M 8.8% | 105.91M 36.4% | 77.64M 55.3% | 49.99M 54.9% | 32.27M |
General & Administrative | 41.51M 5.1% | 43.75M 23.2% | 35.50M 18.2% | 30.02M 70.6% | 17.60M 78.4% | 9.87M 30.9% | 7.54M |
Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
SG&A Expenses | 41.51M 5.1% | 43.75M 23.2% | 35.50M 18.2% | 30.02M 70.6% | 17.60M 78.4% | 9.87M 30.9% | 7.54M |
Other Operating Expenses | -2.28M | 0.00 | 0.00 100.0% | 2.95M 1093.9% | 247.00K 105.8% | 120.00K | 0.00 |
Total Operating Expenses | 171.39M 8.7% | 187.66M 24.5% | 150.70M 10.9% | 135.93M 42.7% | 95.23M 59.1% | 59.86M 736.7% | 7.15M |
Cost and Expenses | 173.67M 7.5% | 187.66M 24.5% | 150.70M 10.9% | 135.93M 42.7% | 95.23M 59.1% | 59.86M 51.8% | 39.43M |
Operating Income | -111.29M 23.6% | -145.59M 27.5% | -114.17M 2.8% | -111.07M 90.9% | -58.19M 11.5% | -52.20M 244.3% | -15.16M |
Operating Margin % | -178.00% 48.6% | -346.00% 10.5% | -313.00% 30.0% | -447.00% 184.7% | -157.00% 77.0% | -682.00% 1000.0% | -62.00% |
EBITDA | -99.31M 30.6% | -143.10M 28.0% | -111.76M 2.1% | -109.46M 91.1% | -57.29M 11.3% | -51.48M 254.6% | -14.52M |
EBITDA Margin % | -159.00% 53.2% | -340.00% 11.1% | -306.00% 30.5% | -440.00% 183.9% | -155.00% 76.9% | -672.00% 1039.0% | -59.00% |
Interest Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Interest Income | 5.63M 28.6% | 7.89M 19.2% | 6.62M 354.6% | 1.46M 194.1% | 495.00K 358.3% | 108.00K 84.2% | 684.00K |
Other Income (Expense) | 9.70M 37.4% | 15.50M 23.4% | 12.56M 326.0% | 2.95M 1093.9% | 247.00K 8.3% | 228.00K 78.6% | 1.07M |
Pre-Tax Income | -101.59M 21.9% | -130.09M 28.0% | -101.61M 6.0% | -108.12M 86.6% | -57.94M 11.5% | -51.97M 268.7% | -14.10M |
Pre-Tax Margin % | -163.00% 47.2% | -309.00% 11.2% | -278.00% 36.1% | -435.00% 178.8% | -156.00% 77.0% | -679.00% 1091.2% | -57.00% |
Tax Provision | 4.00K 98.1% | 208.00K 55.2% | 134.00K 148.1% | 54.00K 81.5% | 292.00K 370.4% | -108.00K | 0.00 |
Net Income | -101.59M 22.0% | -130.30M 28.1% | -101.74M 5.9% | -108.18M 85.8% | -58.23M 12.3% | -51.86M 268.0% | -14.10M |
Net Margin % | -163.00% 47.4% | -310.00% 11.1% | -279.00% 35.9% | -435.00% 177.1% | -157.00% 76.8% | -677.00% 1087.7% | -57.00% |
Basic EPS | -0.87 26.9% | -1.19 10.2% | -1.08 12.2% | -1.23 30.9% | -0.94 42.0% | -1.62 3.2% | -1.57 |
Diluted EPS | -0.87 26.9% | -1.19 10.2% | -1.08 12.2% | -1.23 30.9% | -0.94 42.0% | -1.62 3.2% | -1.57 |
Basic Shares Outstanding | 116.17M 6.4% | 109.23M 15.5% | 94.57M 7.7% | 87.82M 41.4% | 62.11M 94.5% | 31.93M 255.4% | 8.99M |
Diluted Shares Outstanding | 116.17M 6.4% | 109.23M 15.5% | 94.57M 7.7% | 87.82M 41.4% | 62.11M 94.5% | 31.93M 255.4% | 8.99M |