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 10, 2026 | 2024 Dec 31, 2024 Apr 11, 2025 | 2023 Dec 31, 2023 Mar 12, 2024 | 2022 Dec 31, 2022 Mar 6, 2023 | 2021 Dec 31, 2021 Sep 21, 2022 | 2020 Dec 31, 2020 Feb 26, 2021 | 2019 Dec 31, 2019 Feb 28, 2020 | 2018 Dec 31, 2018 Mar 1, 2019 |
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Total Revenue | 27.21M 19.3% | 33.71M 90.7% | 17.68M 92947.4% | 19.00K 18.8% | 16.00K 99.8% | 8.32M 74.2% | 32.26M 37.3% | 23.50M 38.8% |
Cost of Revenue | 27.13M 36.4% | 42.68M 120.4% | 19.36M 182.2% | 6.86M 2.0% | 7.00M 46.0% | 12.97M 57.2% | 30.27M 148.1% | 12.20M 50.0% |
Gross Profit | 74.00K 100.8% | -8.97M 432.2% | -1.69M 75.4% | -6.84M 2.0% | -6.98M 50.1% | -4.65M 334.9% | 1.98M 82.5% | 11.29M 19.1% |
Gross Margin % | 0.00% 100.0% | -27.00% 170.0% | -10.00% 100.0% | -36011.00% 17.5% | -43650.00% 77846.4% | -56.00% 1033.3% | 6.00% 87.5% | 48.00% 33.3% |
Research & Development | 54.43M 31.1% | 41.51M 103.5% | 20.40M 335.3% | 4.69M 143.8% | 1.92M 75.2% | 1.10M 21.9% | 1.40M 15.1% | 1.65M 61.9% |
General & Administrative | 8.88M 10.4% | 8.04M 30.7% | 6.15M 1.9% | 6.04M 13.3% | 5.33M 2.5% | 5.20M 10.4% | 5.80M 7.6% | 5.39M 6.0% |
Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
SG&A Expenses | 8.88M 10.4% | 8.04M 30.7% | 6.15M 1.9% | 6.04M 13.3% | 5.33M 2.5% | 5.20M 10.4% | 5.80M 7.6% | 5.39M 6.0% |
Other Operating Expenses | 6.14M 34.6% | 4.56M 75.1% | 2.61M 16.9% | 2.23M 11.7% | 2.52M 5.5% | 2.39M 21.7% | 3.05M 15.4% | 3.61M 2883.5% |
Total Operating Expenses | 69.45M 28.3% | 54.12M 85.6% | 29.16M 125.1% | 12.95M 32.5% | 9.77M 12.5% | 8.69M 15.3% | 10.26M 2.7% | 9.99M 20.6% |
Cost and Expenses | 96.59M 0.2% | 96.80M 99.5% | 48.52M 144.9% | 19.81M 18.1% | 16.77M 22.6% | 21.66M 46.6% | 40.53M 82.7% | 22.19M 40.0% |
Operating Income | -69.38M 10.0% | -63.09M 104.6% | -30.84M 55.8% | -19.79M 18.1% | -16.76M 25.6% | -13.34M 61.2% | -8.28M 733.4% | 1.31M 5.8% |
Operating Margin % | -255.00% 36.4% | -187.00% 7.5% | -174.00% 99.8% | -104179.00% 0.5% | -104731.00% 65356.9% | -160.00% 515.4% | -26.00% 533.3% | 6.00% 50.0% |
EBITDA | -67.26M 12.2% | -59.97M 115.2% | -27.86M 119.7% | -12.68M 28.5% | -17.73M 82.3% | -9.72M 154.4% | -3.82M 141.8% | 9.14M 44.1% |
EBITDA Margin % | -247.00% 38.8% | -178.00% 12.7% | -158.00% 99.8% | -66731.00% 39.8% | -110798.00% 94599.1% | -117.00% 875.0% | -12.00% 130.8% | 39.00% 129.4% |
Interest Expense | 1.95M | 0.00 | 0.00 100.0% | 463.00K 36.8% | 733.00K 3.2% | 710.00K 6.3% | 668.00K 33.3% | 1.00M 27.2% |
Interest Income | 2.41M 28.0% | 3.34M 127.1% | 1.47M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Other Income (Expense) | -5.52M 155.7% | 9.90M 5222.6% | 186.00K 93.0% | 2.65M 142.9% | -6.18M 328.0% | -1.44M 931.4% | -140.00K 104.3% | 3.23M 346.1% |
Pre-Tax Income | -74.90M 40.8% | -53.19M 73.5% | -30.66M 78.9% | -17.14M 25.3% | -22.94M 55.1% | -14.79M 75.6% | -8.42M 285.7% | 4.53M 5865.8% |
Pre-Tax Margin % | -275.00% 74.1% | -158.00% 8.7% | -173.00% 99.8% | -90211.00% 37.1% | -143363.00% 80441.0% | -178.00% 584.6% | -26.00% 236.8% | 19.00% |
Tax Provision | 0.00 | 0.00 | 0.00 | 0.00 100.0% | 1.64M 125.0% | 728.00K 2.4% | 711.00K | 0.00 |
Net Income | -74.90M 40.8% | -53.19M 73.5% | -30.66M 78.9% | -17.14M 30.3% | -24.58M 58.4% | -15.51M 69.9% | -9.13M 301.3% | 4.53M 5865.8% |
Net Margin % | -275.00% 74.1% | -158.00% 8.7% | -173.00% 99.8% | -90211.00% 41.3% | -153600.00% 82039.0% | -187.00% 567.9% | -28.00% 247.4% | 19.00% |
Basic EPS | -0.20 17.6% | -0.17 41.7% | -0.12 73.2% | -0.07 46.7% | -0.13 37.7% | -0.09 65.3% | -0.06 289.1% | 0.03 5940.0% |
Diluted EPS | -0.20 17.6% | -0.17 41.7% | -0.12 71.4% | -0.07 46.2% | -0.13 44.4% | -0.09 50.0% | -0.06 300.0% | 0.03 |
Basic Shares Outstanding | 368.39M 16.0% | 317.66M 22.2% | 260.04M 17.9% | 220.50M 12.7% | 195.69M 19.1% | 164.26M 2.7% | 159.90M 6.6% | 150.03M 2.9% |
Diluted Shares Outstanding | 368.39M 16.0% | 317.66M 22.2% | 260.04M 17.9% | 220.50M 12.7% | 195.69M 19.1% | 164.26M 2.7% | 159.90M 5.5% | 151.60M 2.8% |