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 23, 2026 | 2024 Dec 31, 2024 Mar 11, 2025 | 2023 Dec 31, 2023 Apr 1, 2024 | 2022 Dec 31, 2022 Nov 9, 2023 | 2021 Dec 31, 2021 Mar 1, 2022 | 2020 Dec 31, 2020 Dec 31, 2020 | 2019 Dec 31, 2019 Dec 31, 2019 |
|---|
Total Revenue | 43.77M 589.9% | 6.34M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Cost of Revenue | 1.54M | 0.00 100.0% | 1.90M 2.9% | 1.85M 23.2% | 1.50M 40.8% | 1.06M 343.8% | 240.00K |
Gross Profit | 42.23M 565.6% | 6.34M 433.9% | -1.90M 2.9% | -1.85M 23.2% | -1.50M 40.8% | -1.06M 343.8% | -240.00K |
Gross Margin % | 96.00% 4.0% | 100.00% | - | - | - | - | - |
Research & Development | 56.04M 36.0% | 41.21M 21.0% | 52.14M 11.9% | 59.20M 15.7% | 51.19M 16.6% | 43.91M 208.0% | 14.26M |
General & Administrative | 29.71M 19.9% | 24.78M 8.2% | 27.00M 9.9% | 29.95M 25.5% | 23.86M 123.9% | 10.65M 123.3% | 4.77M |
Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
SG&A Expenses | 29.71M 19.9% | 24.78M 8.2% | 27.00M 9.9% | 29.95M 25.5% | 23.86M 123.9% | 10.65M 123.3% | 4.77M |
Other Operating Expenses | -1.54M 264.5% | 937.00K | 0.00 100.0% | 927.00K 222.6% | -756.00K 15.2% | -656.00K 138.2% | 1.72M |
Total Operating Expenses | 84.21M 25.8% | 66.93M 15.4% | 79.13M 11.2% | 89.15M 18.8% | 75.04M 37.5% | 54.56M 186.8% | 19.03M |
Cost and Expenses | 85.75M 28.1% | 66.93M 15.4% | 79.13M 11.2% | 89.15M 18.8% | 75.04M 37.5% | 54.56M 186.8% | 19.03M |
Operating Income | -41.98M 30.7% | -60.58M 23.4% | -79.13M 11.2% | -89.15M 18.8% | -75.04M 37.5% | -54.56M 186.8% | -19.03M |
Operating Margin % | -96.00% 89.9% | -955.00% | - | - | - | - | - |
EBITDA | -33.49M 42.3% | -58.00M 21.4% | -73.80M 13.8% | -85.58M 16.1% | -73.70M 37.8% | -53.50M 213.4% | -17.07M |
EBITDA Margin % | -77.00% 91.6% | -914.00% | - | - | - | - | - |
Interest Expense | 0.00 | 0.00 | 0.00 | 0.00 100.0% | 600.00K 0.0% | 600.00K | 0.00 |
Interest Income | 3.40M | 0.00 | 0.00 | 0.00 100.0% | 600.00 0.0% | 600.00 | 0.00 |
Other Income (Expense) | 6.95M 196.7% | 2.34M 14.2% | 2.73M 194.4% | 927.00K 222.6% | -756.00K 15.2% | -656.00K 138.2% | 1.72M |
Pre-Tax Income | -35.04M 39.8% | -58.24M 23.8% | -76.40M 13.4% | -88.22M 16.4% | -75.80M 37.3% | -55.22M 219.0% | -17.31M |
Pre-Tax Margin % | -80.00% 91.3% | -918.00% | - | - | - | - | - |
Tax Provision | 0.00 | 0.00 | 0.00 100.0% | -927.00K 38.2% | -1.50M | 0.00 100.0% | 68.14K |
Net Income | -35.04M 39.8% | -58.24M 23.8% | -76.40M 12.5% | -87.30M 17.5% | -74.30M 34.6% | -55.22M 219.0% | -17.31M |
Net Margin % | -80.00% 91.3% | -918.00% | - | - | - | - | - |
Basic EPS | -4.19 284.4% | -1.09 60.8% | -2.78 12.9% | -3.19 17.3% | -2.72 35.3% | -2.01 3090.5% | -0.06 |
Diluted EPS | -4.19 284.4% | -1.09 60.8% | -2.78 12.9% | -3.19 17.3% | -2.72 35.3% | -2.01 3250.0% | -0.06 |
Basic Shares Outstanding | 83.59M 56.2% | 53.51M 94.6% | 27.50M 0.4% | 27.39M 0.1% | 27.36M 0.4% | 27.47M 90.0% | 274.69M |
Diluted Shares Outstanding | 83.59M 56.2% | 53.51M 94.6% | 27.50M 0.4% | 27.39M 0.1% | 27.36M 0.4% | 27.47M 90.0% | 274.69M |