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 | $3.70M | $7.87M | $3.26M | $1.04M | $3.32M |
| Cost of revenue | — | — | — | — | — |
| Gross profit | — | — | — | — | — |
| Gross margin |
Source: SEC filings. Information and analytics, not investment advice.
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| Research & development | $33.64M | $27.61M | $29.35M | $17.85M | $19.46M |
| Selling, general & admin | — | — | — | — | — |
| Total operating expenses | $48.36M | $42.01M | $40.86M | $25.96M | $27.71M |
| Operating income | -$44.69M | -$34.13M | -$37.60M | -$24.91M | -$24.39M |
| Operating margin | -120800.0% | -43360.0% | -115360.0% | -238230.0% | -73470.0% |
| Interest expense | — | — | — | — | — |
| Pretax income | -$40.47M | -$30.52M | -$34.66M | -$22.93M | -$22.86M |
| Tax provision | $0 | $0 | $0 | $0 | $130.00K |
| Net income | -$40.47M | -$30.52M | -$34.66M | -$22.93M | -$22.99M |
| Net margin | -109380.0% | -38770.0% | -106340.0% | -219220.0% | -69250.0% |
| EBITDA | -$43.71M | — | — | -$23.83M | — |
| Basic EPS | -0.41 | -0.3 | -0.34 | -0.21 | -0.21 |
| Diluted EPS | -0.41 | -0.3 | -0.34 | -0.21 | -0.21 |