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 | $84.92M | $23.19M | $12.76M | $4.21M | $8.96M |
| Cost of revenue | — | — | — | — | — |
| Gross profit | — | — | — | — | — |
| Gross margin |
Source: SEC filings. Information and analytics, not investment advice.
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| Research & development | $32.19M | $30.65M | $36.67M | $44.06M | $47.96M |
| Selling, general & admin | — | — | — | — | — |
| Total operating expenses | $40.89M | $38.74M | $45.74M | $54.24M | $58.09M |
| Operating income | $44.03M | -$15.55M | -$32.97M | -$50.03M | -$49.13M |
| Operating margin | 5190.0% | -6710.0% | -25830.0% | -118850.0% | -54780.0% |
| Interest expense | — | — | — | — | — |
| Pretax income | $47.70M | -$11.09M | -$30.25M | -$44.45M | -$43.18M |
| Tax provision | $822.00K | $1.19M | -$3.17M | $52.00K | $208.00K |
| Net income | $46.88M | -$12.29M | -$27.08M | -$44.50M | -$43.39M |
| Net margin | 5520.0% | -5300.0% | -21210.0% | -105710.0% | -48390.0% |
| EBITDA | $46.65M | -$12.81M | -$30.24M | -$47.36M | -$46.51M |
| Basic EPS | — | — | — | — | — |
| Diluted EPS | — | — | — | — | — |