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Price chart (1D to 10Y)
Licensed market data — shown to members, not published to the open web.
Income Statement, fiscal years · USD, as filed
| Line item | Dec 21 | Dec 22 | Dec 23 | Dec 24 | Dec 25 |
|---|---|---|---|---|---|
| Total revenue | $40.28M | $46.05M | $51.60M | $61.00M | $71.49M |
| Cost of revenue | $11.42M | $12.71M | $13.77M | $15.74M | $17.19M |
| Gross profit | $28.85M | $33.33M | $37.82M | $45.26M | $54.30M |
Source: SEC filings. Information and analytics, not investment advice.
| Gross margin |
| 7160.0% |
| 7240.0% |
| 7330.0% |
| 7420.0% |
| 7600.0% |
| Research & development | $20.34M | $21.48M | $19.57M | $18.65M | $20.23M |
| Selling, general & admin | $4.18M | $4.46M | $5.05M | $6.40M | $6.43M |
| Total operating expenses | $34.35M | $37.45M | $38.48M | $42.17M | $45.99M |
| Operating income | -$5.49M | -$4.11M | -$662.00K | $3.08M | $8.30M |
| Operating margin | -1360.0% | -890.0% | -130.0% | 510.0% | 1160.0% |
| Interest expense | — | — | — | — | — |
| Pretax income | -$5.13M | -$2.09M | $3.89M | $7.20M | $12.58M |
| Tax provision | $124.00K | $159.00K | $182.00K | $234.00K | $595.00K |
| Net income | -$5.26M | -$2.25M | $3.71M | $6.96M | $11.99M |
| Net margin | -1310.0% | -490.0% | 720.0% | 1140.0% | 1680.0% |
| EBITDA | -$4.95M | -$3.63M | -$41.00K | $3.76M | $8.99M |
| Basic EPS | -0.37 | -0.16 | 0.25 | 0.44 | 0.74 |
| Diluted EPS | -0.37 | -0.16 | 0.24 | 0.43 | 0.71 |