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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 23 | Dec 24 | Dec 25 |
|---|---|---|---|
| Total revenue | $755.00K | $41.50M | $72.94M |
| Cost of revenue | $737.00K | $0 | $0 |
| Gross profit | $18.00K | $41.50M | $72.94M |
| Gross margin | 240.0% | 10000.0% | 10000.0% |
| Research & development | $87.64M | $90.53M | $93.51M |
Source: SEC filings. Information and analytics, not investment advice.
| Selling, general & admin |
| $16.81M |
| $19.08M |
| $19.79M |
| Total operating expenses | $97.32M | $101.05M | $106.02M |
| Operating income | -$97.30M | -$59.55M | -$33.07M |
| Operating margin | -1288770.0% | -14350.0% | -4530.0% |
| Interest expense | $40.64M | $21.61M | $51.06M |
| Pretax income | -$116.46M | -$36.76M | -$68.01M |
| Tax provision | $371.00K | $0 | -$423.00K |
| Net income | -$101.05M | -$36.76M | -$67.59M |
| Net margin | -1338530.0% | -8860.0% | -9270.0% |
| EBITDA | — | — | — |
| Basic EPS | -1.77 | -0.41 | -0.67 |
| Diluted EPS | -1.77 | -0.41 | -0.67 |