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 19, 2026 | 2024 Dec 31, 2024 Feb 26, 2025 | 2023 Dec 31, 2023 Mar 19, 2024 | 2022 Dec 31, 2022 Apr 27, 2023 | 2021 Dec 31, 2021 Mar 31, 2022 | 2020 Dec 31, 2020 Mar 3, 2021 | 2019 Dec 31, 2019 Dec 31, 2019 |
|---|
Total Revenue | 9.77M 17.3% | 8.33M 46.1% | 15.45M 517.5% | 2.50M | 0.00 | 0.00 | 0.00 |
Cost of Revenue | 0.00 | 0.00 | 0.00 100.0% | 2.49M 405.5% | 492.00K 5366.7% | 9.00K | 0.00 |
Gross Profit | 9.77M 17.3% | 8.33M 46.1% | 15.45M 102906.7% | 15.00K 103.0% | -492.00K 5366.7% | -9.00K | 0.00 |
Gross Margin % | 100.00% 0.0% | 100.00% 0.0% | 100.00% 9900.0% | 1.00% | - | - | - |
Research & Development | 86.40M 30.9% | 66.00M 16.2% | 56.78M 37.7% | 91.17M 30.9% | 131.94M 313.7% | 31.89M 3131.3% | 987.00K |
General & Administrative | 33.87M 17.0% | 28.95M 3.6% | 30.05M 19.6% | 37.36M 9.6% | 41.32M 272.0% | 11.11M 2069.7% | 512.00K |
Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 100.0% | -384.00K |
SG&A Expenses | 33.87M 17.0% | 28.95M 3.6% | 30.05M 19.6% | 37.36M 9.6% | 41.32M 272.0% | 11.11M 8578.9% | 128.00K |
Other Operating Expenses | 0.00 100.0% | 4.84M 354.3% | 1.06M 6016.7% | -18.00K | 0.00 | 0.00 | 0.00 |
Total Operating Expenses | 120.27M 20.5% | 99.79M 13.5% | 87.89M 31.6% | 128.53M 25.8% | 173.27M 302.9% | 43.00M 3756.7% | 1.11M |
Cost and Expenses | 120.27M 20.5% | 99.79M 13.5% | 87.89M 31.6% | 128.53M 25.8% | 173.27M 302.9% | 43.00M 3756.7% | 1.11M |
Operating Income | -110.50M 20.8% | -91.46M 26.3% | -72.44M 55.4% | -162.45M 6.2% | -173.27M 302.9% | -43.00M 3756.7% | -1.11M |
Operating Margin % | -1131.00% 3.0% | -1098.00% 134.1% | -469.00% 92.8% | -6493.00% | - | - | - |
EBITDA | -107.79M 22.6% | -87.95M 16.4% | -105.20M 34.1% | -159.73M 7.6% | -172.78M 301.9% | -42.99M | 0.00 |
EBITDA Margin % | -1103.00% 4.5% | -1055.00% 54.9% | -681.00% 89.3% | -6384.00% | - | - | - |
Interest Expense | 63.00K 38.2% | 102.00K 98.0% | 5.00M 31.6% | 3.80M 166.0% | 1.43M 5000.0% | 28.00K | 0.00 |
Interest Income | 9.22M 32.9% | 6.94M 94.3% | 3.57M 1334.5% | 249.00K 44.8% | 172.00K 251.0% | 49.00K | 0.00 |
Other Income (Expense) | 1.50M 30.4% | 2.16M 105.5% | -39.13M 996.9% | -3.57M 184.0% | -1.26M 92.6% | -17.01M | 0.00 |
Pre-Tax Income | -109.00M 22.1% | -89.30M 20.0% | -111.57M 32.8% | -166.01M 4.9% | -174.52M 190.8% | -60.01M 5282.2% | -1.11M |
Pre-Tax Margin % | -1115.00% 4.0% | -1072.00% 48.5% | -722.00% 89.1% | -6635.00% | - | - | - |
Tax Provision | 0.00 | 0.00 | 0.00 100.0% | 3.57M 281.1% | 936.00K | 0.00 | 0.00 |
Net Income | -109.00M 22.1% | -89.30M 20.0% | -111.57M 34.2% | -169.58M 3.4% | -175.46M 308.0% | -43.00M 3756.5% | -1.11M |
Net Margin % | -1115.00% 4.0% | -1072.00% 48.5% | -722.00% 89.3% | -6778.00% | - | - | - |
Basic EPS | -0.34 5.6% | -0.36 62.5% | -0.96 75.1% | -3.86 17.2% | -4.66 91.8% | -2.43 7973.1% | -0.03 |
Diluted EPS | -0.34 5.6% | -0.36 62.5% | -0.96 75.1% | -3.86 17.2% | -4.66 91.8% | -2.43 8000.0% | -0.03 |
Basic Shares Outstanding | 319.71M 27.8% | 250.13M 7.7% | 232.24M 32.1% | 175.81M 16.7% | 150.60M 113.1% | 70.66M 52.2% | 147.97M |
Diluted Shares Outstanding | 319.71M 27.8% | 250.13M 7.7% | 232.24M 32.1% | 175.81M 16.7% | 150.60M 113.1% | 70.66M 52.2% | 147.97M |