Price chart (1D to 10Y)
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Income Statement, fiscal quarters · USD, as filed
| Line item | Mar 25 | Jun 25 | Sep 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| Total revenue | $99.85M | $102.95M | $118.63M | $151.14M | $191.92M |
| Cost of revenue | $69.31M | $71.79M | $85.36M | $107.22M | $138.71M |
| Gross profit | $30.54M | $31.16M | $33.26M | $43.91M | $53.20M |
Source: SEC filings. Information and analytics, not investment advice.
| Gross margin |
| 3060.0% |
| 3030.0% |
| 2800.0% |
| 2910.0% |
| 2770.0% |
| Research & development | $17.81M | $20.61M | $21.26M | $25.65M | $34.87M |
| Selling, general & admin | — | — | — | — | — |
| Total operating expenses | $39.48M | $47.13M | $51.45M | $56.90M | $77.93M |
| Operating income | -$8.93M | -$15.97M | -$18.18M | -$12.99M | -$24.72M |
| Operating margin | -890.0% | -1550.0% | -1530.0% | -860.0% | -1290.0% |
| Interest expense | $934.00K | $818.00K | $902.00K | $863.00K | $927.00K |
| Pretax income | -$9.17M | -$9.09M | -$17.93M | -$13.23M | -$21.49M |
| Tax provision | $0 | $0 | $0 | $1.04M | $1.28M |
| Net income | -$9.17M | -$9.09M | -$17.93M | -$14.28M | -$22.78M |
| Net margin | -920.0% | -880.0% | -1510.0% | -940.0% | -1190.0% |
| EBITDA | -$3.21M | -$9.47M | -$10.78M | -$3.76M | -$14.22M |
| Basic EPS | -0.18 | -0.16 | -0.28 | -0.19 | -0.28 |
| Diluted EPS | -0.18 | -0.16 | -0.28 | -0.19 | -0.28 |