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 | $97.83M | $112.05M | $112.95M | $126.13M | $129.84M |
| Cost of revenue | $40.07M | $46.44M | $48.81M | $52.26M | $56.03M |
| Gross profit | $57.76M | $65.61M | $64.14M | $73.86M | $73.81M |
Source: SEC filings. Information and analytics, not investment advice.
| Gross margin |
| 5900.0% |
| 5860.0% |
| 5680.0% |
| 5860.0% |
| 5680.0% |
| Research & development | $26.88M | $30.23M | $30.09M | $31.00M | $31.39M |
| Selling, general & admin | — | — | — | — | — |
| Total operating expenses | $73.15M | $81.48M | $77.02M | $79.57M | $81.51M |
| Operating income | -$15.39M | -$15.86M | -$12.88M | -$5.70M | -$7.70M |
| Operating margin | -1570.0% | -1420.0% | -1140.0% | -450.0% | -590.0% |
| Interest expense | $801.00K | $3.18M | $2.97M | $2.26M | $2.09M |
| Pretax income | -$15.10M | -$17.88M | -$14.83M | -$7.21M | -$9.11M |
| Tax provision | -$7.28M | -$4.29M | -$29.00K | $2.75M | -$212.00K |
| Net income | -$7.81M | -$13.59M | -$14.80M | -$9.96M | -$8.90M |
| Net margin | -800.0% | -1210.0% | -1310.0% | -790.0% | -690.0% |
| EBITDA | -$11.96M | -$8.16M | -$4.88M | $2.41M | $595.00K |
| Basic EPS | -0.08 | -0.13 | -0.14 | -0.09 | -0.08 |
| Diluted EPS | -0.08 | -0.13 | -0.14 | -0.09 | -0.08 |