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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 | $63.17M | $10.28M | $17.15M | $91.28M | $234.60M |
| Cost of revenue | — | — | — | — | — |
| Gross profit | — | — | — | — | — |
| Gross margin | — |
Source: SEC filings. Information and analytics, not investment advice.
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| Research & development | $98.49M | $88.79M | $132.28M | $163.84M | $135.97M |
| Selling, general & admin | — | — | — | — | — |
| Total operating expenses | $119.98M | $125.44M | $181.56M | $206.22M | $186.70M |
| Operating income | -$56.81M | -$115.15M | -$164.41M | -$114.94M | $47.89M |
| Operating margin | -8990.0% | -111940.0% | -95830.0% | -12590.0% | 2040.0% |
| Interest expense | $0 | — | — | — | — |
| Pretax income | -$57.79M | -$128.70M | -$163.62M | -$145.22M | -$13.06M |
| Tax provision | $0 | $24.00K | -$4.00K | $3.00K | $164.00K |
| Net income | -$57.79M | -$128.72M | -$163.61M | -$145.23M | -$13.23M |
| Net margin | -9150.0% | -125130.0% | -95370.0% | -15910.0% | -560.0% |
| EBITDA | -$56.19M | -$114.47M | -$163.75M | -$114.34M | $48.45M |
| Basic EPS | -2.11 | -4.57 | -6.08 | -5.12 | -0.46 |
| Diluted EPS | -2.11 | -4.57 | -6.08 | -5.12 | -0.46 |