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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 23 | Dec 24 | Dec 25 |
|---|---|---|---|
| Total revenue | $461.51M | $144.58M | $156.26M |
| Cost of revenue | $457.85M | $155.64M | $96.31M |
| Gross profit | $3.66M | -$11.05M | $59.95M |
| Gross margin | 80.0% | -760.0% | 3840.0% |
| Research & development | $56.50M | $51.28M | $35.29M |
Source: SEC filings. Information and analytics, not investment advice.
| Selling, general & admin |
| — |
| — |
| — |
| Total operating expenses | $182.97M | $828.39M | $115.64M |
| Operating income | -$179.31M | -$839.45M | -$55.68M |
| Operating margin | -3890.0% | -58060.0% | -3560.0% |
| Interest expense | $14.97M | $18.29M | $23.93M |
| Pretax income | -$139.98M | -$853.68M | $138.29M |
| Tax provision | $433.00K | $332.00K | $536.00K |
| Net income | -$140.41M | -$854.01M | $137.76M |
| Net margin | -3040.0% | -59070.0% | 8820.0% |
| EBITDA | -$133.03M | -$794.46M | -$10.74M |
| Basic EPS | -18.05 | -105.8 | 16.52 |
| Diluted EPS | -18.05 | -105.8 | -9.18 |