Financial statements and analysis
Showing the last 3 fiscal years: 2023 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 Dec 31, 2024 | 2023 Dec 31, 2023 Dec 31, 2023 |
|---|
Total Revenue | 166.42M 15.4% | 144.18M 6.0% | 136.06M |
Cost of Revenue | 145.08M 32.8% | 109.27M 0.9% | 108.28M |
Gross Profit | 21.34M 38.9% | 34.91M 25.7% | 27.79M |
Gross Margin % | 13.00% 45.8% | 24.00% 20.0% | 20.00% |
Research & Development | 12.75M 67.6% | 7.61M 141.0% | -18.54M |
General & Administrative | 0.00 | 0.00 | 0.00 |
Selling & Marketing | 0.00 | 0.00 | 0.00 |
SG&A Expenses | 111.66M 78.5% | 62.57M 15.8% | 54.04M |
Other Operating Expenses | 0.00 100.0% | 13.18M 104.1% | 6.46M |
Total Operating Expenses | 124.41M 49.3% | 83.36M 98.7% | 41.96M |
Cost and Expenses | 269.49M 39.9% | 192.62M 28.2% | 150.24M |
Operating Income | -103.07M 112.8% | -48.44M 241.8% | -14.17M |
Operating Margin % | -62.00% 82.4% | -34.00% 240.0% | -10.00% |
EBITDA | -89.56M 130.0% | -38.94M 2810.5% | -1.34M |
EBITDA Margin % | -54.00% 100.0% | -27.00% 2600.0% | -1.00% |
Interest Expense | 6.82M 43.2% | 12.02M 13.5% | 10.59M |
Interest Income | 0.00 | 0.00 | 0.00 |
Other Income (Expense) | -9.70M 48.7% | -18.89M 76.8% | -10.68M |
Pre-Tax Income | -112.77M 67.5% | -67.34M 170.9% | -24.86M |
Pre-Tax Margin % | -68.00% 44.7% | -47.00% 161.1% | -18.00% |
Tax Provision | -440.00K 74.2% | -1.71M 600.9% | 341.00K |
Net Income | -104.81M 68.9% | -62.07M 144.0% | -25.44M |
Net Margin % | -63.00% 46.5% | -43.00% 126.3% | -19.00% |
Basic EPS | -1.99 | 0.00 | 0.00 |
Diluted EPS | -1.99 | 0.00 | 0.00 |
Basic Shares Outstanding | 58.38M | 0.00 | 0.00 |
Diluted Shares Outstanding | 58.38M | 0.00 | 0.00 |