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Price chart (1D to 10Y)
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Income Statement, fiscal quarters · USD, as filed
| Line item | Sep 24 | Mar 25 | Jun 25 | Sep 25 | Mar 26 |
|---|---|---|---|---|---|
| Total revenue | $30.01M | $27.77M | $22.26M | $76.32M | $25.55M |
| Cost of revenue | — | — | — | — | — |
| Gross profit | — | — | — | — | — |
| Gross margin |
Source: SEC filings. Information and analytics, not investment advice.
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| Research & development | $42.21M | $41.18M | $37.82M | $31.40M | $33.99M |
| Selling, general & admin | — | — | — | — | — |
| Total operating expenses | $52.77M | $55.31M | $48.43M | $41.61M | $60.19M |
| Operating income | -$22.75M | -$27.53M | -$26.17M | $34.70M | -$34.63M |
| Operating margin | -7580.0% | -9920.0% | -11750.0% | 4550.0% | -13550.0% |
| Interest expense | — | — | — | — | — |
| Pretax income | -$32.85M | -$39.28M | -$38.59M | $15.11M | -$52.84M |
| Tax provision | $0 | $44.00K | $39.00K | $0 | $40.00K |
| Net income | -$32.85M | -$39.32M | -$38.63M | $15.11M | -$52.88M |
| Net margin | -10940.0% | -14160.0% | -17350.0% | 1980.0% | -20690.0% |
| EBITDA | — | -$27.39M | — | — | -$34.50M |
| Basic EPS | -1.14 | -1.28 | -1.34 | 0.54 | -1.84 |
| Diluted EPS | -1.14 | -1.28 | -1.34 | 0.52 | -1.84 |