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 Mar 13, 2025 | 2023 Dec 31, 2023 Mar 13, 2024 | 2022 Dec 31, 2022 Mar 16, 2023 | 2021 Dec 31, 2021 Mar 23, 2022 | 2020 Dec 31, 2020 Dec 31, 2020 | 2019 Dec 31, 2019 Dec 31, 2019 |
|---|
Total Revenue | 239.02M 17.0% | 204.31M 19.9% | 170.47M 19.9% | 142.12M 22.7% | 115.87M 45.0% | 79.90M 74.7% | 45.75M |
Cost of Revenue | 66.72M 14.2% | 58.43M 7.5% | 54.38M 2.1% | 53.28M 7.9% | 49.37M 43.3% | 34.45M 86.0% | 18.52M |
Gross Profit | 172.31M 18.1% | 145.88M 25.7% | 116.09M 30.7% | 88.84M 33.6% | 66.50M 46.3% | 45.45M 66.9% | 27.23M |
Gross Margin % | 72.00% 1.4% | 71.00% 4.4% | 68.00% 7.9% | 63.00% 10.5% | 57.00% 0.0% | 57.00% 5.0% | 60.00% |
Research & Development | 44.46M 10.5% | 40.23M 18.2% | 34.04M 10.8% | 30.71M 13.7% | 27.01M 35.3% | 19.97M 38.6% | 14.41M |
General & Administrative | 55.75M 6.3% | 52.45M 14.9% | 45.65M 7.5% | 42.45M 34.2% | 31.64M 22.7% | 25.79M 98.2% | 13.02M |
Selling & Marketing | 102.70M 21.4% | 84.61M 19.6% | 70.77M 8.2% | 65.38M 12.2% | 58.24M 48.4% | 39.26M 23.7% | 31.73M |
SG&A Expenses | 158.46M 15.6% | 137.06M 17.7% | 116.42M 8.0% | 107.83M 20.0% | 89.88M 38.2% | 65.05M 45.4% | 44.74M |
Other Operating Expenses | -2.03M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Total Operating Expenses | 200.89M 13.3% | 177.29M 17.8% | 150.46M 8.6% | 138.54M 18.5% | 116.89M 37.5% | 85.02M 43.7% | 59.15M |
Cost and Expenses | 267.94M 13.7% | 235.73M 15.1% | 204.83M 6.8% | 191.82M 15.3% | 166.32M 39.2% | 119.47M 53.8% | 77.67M |
Operating Income | -28.91M 8.0% | -31.41M 8.6% | -34.37M 30.9% | -49.70M 1.4% | -50.39M 27.3% | -39.57M 24.0% | -31.92M |
Operating Margin % | -12.00% 20.0% | -15.00% 25.0% | -20.00% 42.9% | -35.00% 18.6% | -43.00% 14.0% | -50.00% 28.6% | -70.00% |
EBITDA | -10.78M 3.5% | -11.17M 14.2% | -13.02M 58.7% | -31.55M 17.6% | -38.31M 28.1% | -29.90M 39.9% | -21.38M |
EBITDA Margin % | -5.00% 0.0% | -5.00% 37.5% | -8.00% 63.6% | -22.00% 33.3% | -33.00% 10.8% | -37.00% 21.3% | -47.00% |
Interest Expense | 1.70M 11.6% | 1.52M 20.8% | 1.92M 33.4% | 1.44M 21.7% | 1.18M 7.9% | 1.10M 35.3% | 811.00K |
Interest Income | 1.81M 2.2% | 1.85M 15.7% | 2.20M 90.1% | 1.16M | 0.00 | 0.00 | 0.00 |
Other Income (Expense) | -62.00K 101.9% | 3.26M 9.4% | 3.60M 5035.7% | 70.00K 105.6% | -1.24M 45.8% | -850.00K 520.4% | -137.00K |
Pre-Tax Income | -28.98M 2.9% | -28.16M 8.5% | -30.77M 38.0% | -49.63M 3.9% | -51.63M 27.7% | -40.42M 26.1% | -32.06M |
Pre-Tax Margin % | -12.00% 14.3% | -14.00% 22.2% | -18.00% 48.6% | -35.00% 22.2% | -45.00% 11.8% | -51.00% 27.1% | -70.00% |
Tax Provision | -924.00K 588.9% | 189.00K 27.3% | 260.00K 150.0% | 104.00K 73.3% | 60.00K | 0.00 100.0% | 1.49M |
Net Income | -28.05M 1.0% | -28.35M 8.7% | -31.03M 37.6% | -49.74M 3.8% | -51.69M 27.9% | -40.42M 20.5% | -33.55M |
Net Margin % | -12.00% 14.3% | -14.00% 22.2% | -18.00% 48.6% | -35.00% 22.2% | -45.00% 11.8% | -51.00% 30.1% | -73.00% |
Basic EPS | -0.37 7.5% | -0.40 13.0% | -0.46 39.5% | -0.76 70.8% | -2.60 246.7% | -0.75 75.2% | -3.03 |
Diluted EPS | -0.37 7.5% | -0.40 13.0% | -0.46 39.5% | -0.76 70.8% | -2.60 246.7% | -0.75 75.2% | -3.03 |
Basic Shares Outstanding | 76.31M 6.5% | 71.66M 5.9% | 67.69M 3.0% | 65.74M 2.2% | 64.32M 0.1% | 64.24M 480.9% | 11.06M |
Diluted Shares Outstanding | 76.31M 6.5% | 71.66M 5.9% | 67.69M 3.0% | 65.74M 2.2% | 64.32M 0.1% | 64.24M 480.9% | 11.06M |