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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 | $47.44M | $87.64M | $76.54M | $115.10M | $111.70M |
| Cost of revenue | $19.48M | $27.28M | $34.33M | $44.00M | $51.74M |
| Gross profit | $27.96M | $60.35M | $42.20M | $71.10M | $59.95M |
Source: SEC filings. Information and analytics, not investment advice.
| Gross margin |
| 5890.0% |
| 6890.0% |
| 5510.0% |
| 6180.0% |
| 5370.0% |
| Research & development | $3.24M | $3.64M | $4.21M | $4.08M | $4.00M |
| Selling, general & admin | — | — | — | — | — |
| Total operating expenses | $61.55M | $81.67M | $80.29M | $73.76M | $78.46M |
| Operating income | -$33.59M | -$21.32M | -$38.09M | -$2.66M | -$18.51M |
| Operating margin | -7080.0% | -2430.0% | -4980.0% | -230.0% | -1660.0% |
| Interest expense | $1.56M | $2.74M | $3.97M | $6.03M | $3.09M |
| Pretax income | -$37.33M | -$15.70M | -$38.61M | -$13.75M | -$23.79M |
| Tax provision | — | $277 | — | — | — |
| Net income | -$37.30M | -$15.76M | -$38.55M | -$13.80M | -$23.79M |
| Net margin | -7860.0% | -1800.0% | -5040.0% | -1200.0% | -2130.0% |
| EBITDA | -$31.36M | — | — | $434.25K | — |
| Basic EPS | -0.25 | -0.10 | -0.24 | -0.08 | -0.12 |
| Diluted EPS | -0.25 | -0.10 | -0.24 | -0.08 | -0.12 |