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 | $9.88M | $11.48M | $13.29M | $16.95M | $9.23M |
| Cost of revenue | — | — | — | — | — |
| Gross profit | — | — | — | — | — |
| Gross margin |
Source: SEC filings. Information and analytics, not investment advice.
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| Research & development | $38.04M | $41.57M | $45.54M | $43.07M | $26.41M |
| Selling, general & admin | — | — | — | — | — |
| Total operating expenses | $46.69M | $50.25M | $62.40M | $61.82M | $35.31M |
| Operating income | -$36.81M | -$38.76M | -$49.11M | -$44.86M | -$26.07M |
| Operating margin | -37220.0% | -33740.0% | -36940.0% | -26460.0% | -28220.0% |
| Interest expense | $2.74M | $2.74M | $2.74M | $2.75M | $2.70M |
| Pretax income | — | -$38.27M | -$48.22M | — | — |
| Tax provision | — | $0 | $0 | — | — |
| Net income | -$36.63M | -$38.27M | -$48.22M | -$46.66M | $16.90M |
| Net margin | -37050.0% | -33310.0% | -36270.0% | -27520.0% | 18290.0% |
| EBITDA | -$36.80M | — | — | -$44.86M | — |
| Basic EPS | — | — | — | — | — |
| Diluted EPS | — | — | — | — | — |