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Price chart (1D to 10Y)
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Income Statement, fiscal years · USD, as filed
| Line item | Dec 21 | Dec 22 | Dec 23 | Dec 24 | Dec 25 |
|---|---|---|---|---|---|
| Total revenue | $211.65M | $292.48M | $194.62M | $160.18M | $236.19M |
| Cost of revenue | $150.67M | $85.56M | $74.14M | $63.17M | $39.46M |
| Gross profit | $60.97M | $206.91M | $120.47M | $97.00M | $196.73M |
Source: SEC filings. Information and analytics, not investment advice.
| Gross margin |
| 2880.0% |
| 7070.0% |
| 6190.0% |
| 6060.0% |
| 8330.0% |
| Research & development | $147.85M | $129.98M | $63.07M | $37.65M | $62.35M |
| Selling, general & admin | $174.14M | $138.60M | $100.23M | $106.54M | $107.48M |
| Total operating expenses | $325.48M | $287.69M | $166.73M | $147.47M | $173.23M |
| Operating income | -$264.50M | -$80.77M | -$46.25M | -$50.47M | $23.49M |
| Operating margin | -12500.0% | -2760.0% | -2380.0% | -3150.0% | 990.0% |
| Interest expense | — | — | — | — | — |
| Pretax income | -$282.02M | -$94.22M | -$51.92M | -$69.41M | -$3.72M |
| Tax provision | $0 | $0 | $0 | $0 | $1.62M |
| Net income | -$282.02M | -$94.22M | -$51.92M | -$69.41M | -$5.34M |
| Net margin | -13330.0% | -3220.0% | -2670.0% | -4330.0% | -230.0% |
| EBITDA | -$262.57M | -$79.12M | -$8.62M | -$12.96M | $24.76M |
| Basic EPS | — | — | -0.28 | -0.33 | -0.02 |
| Diluted EPS | — | — | -0.28 | -0.33 | -0.02 |