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 | $52.41M | $61.08M | $61.25M | $59.36M | $70.50M |
| Cost of revenue | $14.14M | $17.06M | $15.97M | $15.97M | $18.14M |
| Gross profit | $38.26M | $44.01M | $45.27M | $43.39M | $52.36M |
Source: SEC filings. Information and analytics, not investment advice.
| Gross margin |
| 7300.0% |
| 7210.0% |
| 7390.0% |
| 7310.0% |
| 7430.0% |
| Research & development | $2.35M | $2.15M | $2.33M | $2.23M | $2.32M |
| Selling, general & admin | — | — | — | — | — |
| Total operating expenses | $49.24M | $54.67M | $54.70M | $51.72M | $56.43M |
| Operating income | -$10.98M | -$10.65M | -$9.42M | -$8.33M | -$4.06M |
| Operating margin | -2100.0% | -1740.0% | -1540.0% | -1400.0% | -580.0% |
| Interest expense | — | $1.11M | — | — | $2.52M |
| Pretax income | -$10.46M | -$7.06M | -$11.89M | -$10.85M | -$6.92M |
| Tax provision | $196.00K | $49.00K | -$125.00K | -$171.00K | $234.00K |
| Net income | -$10.65M | -$7.11M | -$11.77M | -$10.68M | -$7.16M |
| Net margin | -2030.0% | -1160.0% | -1920.0% | -1800.0% | -1020.0% |
| EBITDA | -$5.93M | — | — | -$2.61M | — |
| Basic EPS | -0.46 | -0.3 | -0.5 | -0.45 | -0.3 |
| Diluted EPS | -0.46 | -0.3 | -0.5 | -0.45 | -0.3 |