Financial statements and analysis
Showing the last 4 fiscal years: 2022 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 16, 2026 | 2024 Dec 31, 2024 Mar 11, 2025 | 2023 Dec 31, 2023 Dec 31, 2023 | 2022 Dec 31, 2022 Dec 31, 2022 |
|---|
Total Revenue | 10.00M 100.0% | 5.00M 90.0% | 50.00M | 0.00 |
Cost of Revenue | 0.00 | 0.00 | 0.00 | 0.00 |
Gross Profit | 10.00M 100.0% | 5.00M 90.0% | 50.00M | 0.00 |
Gross Margin % | 100.00% 0.0% | 100.00% 0.0% | 100.00% | - |
Research & Development | 168.06M 20.8% | 139.14M 131.8% | 60.03M 2.7% | 61.69M |
General & Administrative | 53.32M 79.2% | 29.75M 73.8% | 17.11M 26.7% | 13.51M |
Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 |
SG&A Expenses | 53.32M 79.2% | 29.75M 73.8% | 17.11M 26.7% | 13.51M |
Other Operating Expenses | 0.00 | 0.00 100.0% | 10.00M 900.0% | 1.00M |
Total Operating Expenses | 221.38M 31.1% | 168.89M 93.8% | 87.15M 14.4% | 76.20M |
Cost and Expenses | 221.38M 31.1% | 168.89M 93.8% | 87.15M 14.4% | 76.20M |
Operating Income | -211.38M 29.0% | -163.89M 341.2% | -37.15M 51.3% | -76.20M |
Operating Margin % | -2114.00% 35.5% | -3278.00% 4329.7% | -74.00% | - |
EBITDA | -370.43M 126.2% | -163.75M 505.7% | -27.03M 64.0% | -75.12M |
EBITDA Margin % | -3704.00% 13.1% | -3275.00% 5964.8% | -54.00% | - |
Interest Expense | 7.33M | 0.00 | 0.00 | 0.00 |
Interest Income | 12.15M | 0.00 | 0.00 | 0.00 |
Other Income (Expense) | -166.43M 2370.9% | 7.33M 2162.0% | 324.00K 100.8% | -43.08M |
Pre-Tax Income | -377.82M 141.3% | -156.56M 325.2% | -36.82M 69.1% | -119.28M |
Pre-Tax Margin % | -3778.00% 20.7% | -3131.00% 4131.1% | -74.00% | - |
Tax Provision | -79.00K 118.4% | 429.00K 42.5% | 301.00K | 0.00 |
Net Income | -377.74M 140.6% | -156.99M 322.9% | -37.12M 68.9% | -119.28M |
Net Margin % | -3777.00% 20.3% | -3140.00% 4143.2% | -74.00% | - |
Basic EPS | -8.44 124.5% | -3.76 287.6% | -0.97 68.8% | -3.11 |
Diluted EPS | -8.44 124.5% | -3.76 287.6% | -0.97 68.8% | -3.11 |
Basic Shares Outstanding | 44.73M 7.0% | 41.79M 9.1% | 38.32M 0.0% | 38.32M |
Diluted Shares Outstanding | 44.73M 7.0% | 41.79M 9.1% | 38.32M 0.0% | 38.32M |