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 | $103.04M | $137.90M | $183.90M | $305.81M | $414.44M |
| Cost of revenue | $94.01M | $161.96M | $271.39M | $433.60M | $448.59M |
| Gross profit | $9.02M | $36.23M | $12.71M | $29.72M | $28.93M |
Source: SEC filings. Information and analytics, not investment advice.
| Gross margin |
| 880.0% |
| 2630.0% |
| 690.0% |
| 970.0% |
| 700.0% |
| Research & development | $469.93K | $1.56M | $1.74M | $5.60M | $2.54M |
| Selling, general & admin | $1.42M | $2.73M | $3.68M | $25.27M | $9.12M |
| Total operating expenses | $3.19M | $32.33M | -$3.85M | -$36.47M | $52.69M |
| Operating income | $5.83M | $3.90M | $16.57M | $66.19M | -$23.75M |
| Operating margin | 570.0% | 280.0% | 900.0% | 2160.0% | -570.0% |
| Interest expense | — | $2.51M | $5.53M | $6.32M | $8.56M |
| Pretax income | $5.96M | $1.77M | $12.67M | $61.63M | -$29.26M |
| Tax provision | $1.04M | -$666.00K | $2.18M | $7.66M | $1.87M |
| Net income | $4.92M | $2.44M | $10.49M | $53.96M | -$31.25M |
| Net margin | 480.0% | 180.0% | 570.0% | 1760.0% | -750.0% |
| EBITDA | — | — | $41.07M | $90.92M | $4.20M |
| Basic EPS | 0.03 | 0.02 | 0.07 | 0.34 | -0.19 |
| Diluted EPS | 0.03 | 0.02 | 0.07 | 0.33 | -0.18 |