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Price chart (1D to 10Y)
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Income Statement, fiscal years · USD, as filed
| Line item | Dec 21 | Dec 22 | Dec 23 | Dec 24 | Dec 25 |
|---|---|---|---|---|---|
| Total revenue | $6.00M | $7.50M | $33.45M | $27.86M | $72.76M |
| Cost of revenue | $680.00K | $975.00K | $2.00M | $7.93M | $9.25M |
| Gross profit | $5.32M | $6.52M | $31.45M | $19.93M | $63.51M |
Source: SEC filings. Information and analytics, not investment advice.
| Gross margin |
| 8870.0% |
| 8700.0% |
| 9400.0% |
| 7150.0% |
| 8730.0% |
| Research & development | $28.69M | $30.64M | $34.47M | $24.81M | $22.75M |
| Selling, general & admin | $10.85M | $10.31M | $9.73M | $9.43M | $8.89M |
| Total operating expenses | $40.39M | $41.89M | $44.44M | $34.82M | $32.18M |
| Operating income | -$35.07M | -$35.37M | -$12.99M | -$14.89M | $31.32M |
| Operating margin | -58460.0% | -47170.0% | -3880.0% | -5340.0% | 4310.0% |
| Interest expense | — | — | — | — | — |
| Pretax income | -$34.20M | -$33.63M | -$9.78M | -$9.70M | $35.39M |
| Tax provision | $0 | $58.00K | $8.97M | $4.52M | $54.00K |
| Net income | -$34.20M | -$33.69M | -$18.75M | -$14.23M | $35.34M |
| Net margin | -57000.0% | -44930.0% | -5610.0% | -5110.0% | 4860.0% |
| EBITDA | — | — | -$12.51M | -$14.40M | $31.80M |
| Basic EPS | -0.41 | -0.39 | -0.21 | -0.16 | 0.38 |
| Diluted EPS | -0.41 | -0.39 | -0.21 | -0.16 | 0.38 |