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 | $38.23M | $39.13M | $38.83M | $19.47M | $20.15M |
| Cost of revenue | $4.09M | $5.38M | — | $3.09M | $1.71M |
| Gross profit | $34.14M | $33.75M | — | $16.37M | $18.43M |
Source: SEC filings. Information and analytics, not investment advice.
| Gross margin |
| 8930.0% |
| 8630.0% |
| — |
| 8410.0% |
| 9150.0% |
| Research & development | $70.92M | $53.37M | $69.35M | $49.92M | $46.21M |
| Selling, general & admin | — | — | — | — | — |
| Total operating expenses | $115.11M | $115.14M | $128.85M | $87.75M | $76.98M |
| Operating income | -$80.97M | -$58.16M | -$90.01M | -$71.37M | -$58.54M |
| Operating margin | -21180.0% | -14860.0% | -23180.0% | -36650.0% | -29050.0% |
| Interest expense | — | — | — | — | — |
| Pretax income | -$83.22M | -$53.47M | -$80.75M | -$76.13M | -$57.19M |
| Tax provision | $88.00K | -$283.00K | $1.00K | -$80.00K | $128.00K |
| Net income | -$90.95M | -$60.30M | -$80.75M | -$82.58M | -$46.71M |
| Net margin | -23790.0% | -15410.0% | -20790.0% | -42410.0% | -23170.0% |
| EBITDA | -$66.15M | — | — | -$58.57M | — |
| Basic EPS | -1.68 | -1.1 | -1.45 | -1.39 | -0.75 |
| Diluted EPS | — | -1.1 | -1.45 | — | — |