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 | $104.50M | $81.86M | $102.36M | $69.73M | $99.37M |
| Cost of revenue | $90.49M | $95.16M | $124.19M | $91.71M | $93.90M |
| Gross profit | $14.01M | -$13.30M | -$21.83M | -$21.98M | $5.46M |
Source: SEC filings. Information and analytics, not investment advice.
| Gross margin |
| 1340.0% |
| -1630.0% |
| -2130.0% |
| -3150.0% |
| 550.0% |
| Research & development | $62.16M | $89.71M | $98.30M | $94.49M | $58.74M |
| Selling, general & admin | — | — | — | — | — |
| Total operating expenses | $102.11M | $132.02M | $141.07M | $161.31M | $108.92M |
| Operating income | -$88.10M | -$145.32M | -$162.90M | -$183.30M | -$103.45M |
| Operating margin | -8430.0% | -17750.0% | -15910.0% | -26290.0% | -10410.0% |
| Interest expense | $1.29M | $1.26M | $1.10M | $2.14M | $1.90M |
| Pretax income | -$114.61M | -$160.32M | -$144.05M | -$323.40M | -$90.86M |
| Tax provision | -$216.00K | $42.00K | $158.00K | $121.00K | $51.00K |
| Net income | -$114.23M | -$173.49M | -$177.71M | -$324.24M | -$90.91M |
| Net margin | -10930.0% | -21190.0% | -17360.0% | -46500.0% | -9150.0% |
| EBITDA | — | — | — | — | — |
| Basic EPS | -0.39 | -0.58 | -0.59 | -1.08 | -0.3 |
| Diluted EPS | -0.39 | -0.58 | -0.59 | -1.08 | -0.3 |