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Price chart (1D to 10Y)
Licensed market data — shown to members, not published to the open web.
Income Statement, fiscal years · USD, as filed
| Line item | Dec 21 | Dec 22 | Dec 23 | Dec 24 | Dec 25 |
|---|---|---|---|---|---|
| Total revenue | $211.56M | $222.81M | $217.64M | $249.36M | $455.71M |
| Cost of revenue | $173.85M | $189.19M | $158.72M | $187.56M | $318.80M |
| Gross profit | $37.71M | $33.62M | $58.92M | $61.80M | $136.91M |
Source: SEC filings. Information and analytics, not investment advice.
| Gross margin |
| 1780.0% |
| 1510.0% |
| 2710.0% |
| 2480.0% |
| 3000.0% |
| Research & development | $41.22M | $36.24M | $35.97M | $54.95M | $85.50M |
| Selling, general & admin | — | — | — | — | — |
| Total operating expenses | $94.48M | $92.62M | $100.27M | $132.70M | $191.51M |
| Operating income | -$56.76M | -$58.99M | -$41.34M | -$70.90M | -$54.60M |
| Operating margin | -2680.0% | -2650.0% | -1900.0% | -2840.0% | -1200.0% |
| Interest expense | $5.62M | $6.31M | $9.42M | $6.82M | $3.49M |
| Pretax income | -$54.16M | -$66.39M | -$56.03M | -$186.73M | -$46.70M |
| Tax provision | $2.00K | $1.00K | $9.00K | $2.00K | -$8.47M |
| Net income | -$54.16M | -$66.39M | -$56.04M | -$186.73M | -$38.22M |
| Net margin | -2560.0% | -2980.0% | -2580.0% | -7490.0% | -840.0% |
| EBITDA | -$31.39M | -$35.79M | -$20.92M | -$50.25M | -$26.90M |
| Basic EPS | -2.01 | -2.38 | -1.75 | -4.5 | -0.64 |
| Diluted EPS | -2.01 | -2.38 | -1.75 | -4.5 | -0.64 |