Price chart (1D to 10Y)
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Income Statement, fiscal quarters · USD, as filed
| Line item | Dec 24 | Mar 25 | Sep 25 | Dec 25 | Mar 26 |
|---|---|---|---|---|---|
| Total revenue | $121.20M | $129.06M | $139.02M | $140.20M | $146.03M |
| Cost of revenue | $32.47M | $32.66M | $35.19M | $35.07M | $35.52M |
| Gross profit | $88.73M | $96.40M | $103.83M | $105.13M | $110.51M |
Source: SEC filings. Information and analytics, not investment advice.
| Gross margin |
| 7320.0% |
| 7470.0% |
| 7470.0% |
| 7500.0% |
| 7570.0% |
| Research & development | $33.32M | $34.08M | $40.93M | $39.28M | $44.14M |
| Selling, general & admin | — | — | — | — | — |
| Total operating expenses | $98.92M | $102.10M | $118.28M | $112.31M | $124.75M |
| Operating income | -$10.18M | -$5.70M | -$14.45M | -$7.17M | -$14.24M |
| Operating margin | -840.0% | -440.0% | -1040.0% | -510.0% | -980.0% |
| Interest expense | — | — | — | — | — |
| Pretax income | -$10.38M | -$2.31M | -$13.39M | -$5.26M | -$14.41M |
| Tax provision | -$171.00K | $634.00K | $957.00K | $672.00K | $1.08M |
| Net income | -$10.21M | -$2.95M | -$14.35M | -$5.93M | -$15.49M |
| Net margin | -840.0% | -230.0% | -1030.0% | -420.0% | -1060.0% |
| EBITDA | — | — | -$9.88M | — | — |
| Basic EPS | -0.13 | -0.04 | -0.18 | -0.07 | -0.2 |
| Diluted EPS | -0.13 | -0.04 | -0.18 | -0.07 | -0.2 |