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Price chart (1D to 10Y)
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Income Statement, fiscal years · USD, as filed
| Line item | Dec 21 | Dec 22 | Dec 23 | Dec 24 | Dec 25 |
|---|---|---|---|---|---|
| Total revenue | $70.68M | $90.71M | $84.16M | $57.85M | $70.62M |
| Cost of revenue | $20.10M | $27.32M | $31.56M | $23.58M | $26.54M |
| Gross profit | $50.57M | $63.39M | $52.59M | $34.27M | $44.08M |
Source: SEC filings. Information and analytics, not investment advice.
| Gross margin |
| 7160.0% |
| 6990.0% |
| 6250.0% |
| 5920.0% |
| 6240.0% |
| Research & development | $46.87M | $58.20M | $48.17M | $40.47M | $42.65M |
| Selling, general & admin | $16.55M | $16.59M | $14.02M | $16.46M | $14.26M |
| Total operating expenses | $77.64M | $91.75M | $79.50M | $75.61M | $78.14M |
| Operating income | -$27.06M | -$28.36M | -$26.91M | -$41.34M | -$34.05M |
| Operating margin | -3830.0% | -3130.0% | -3200.0% | -7150.0% | -4820.0% |
| Interest expense | — | — | — | — | — |
| Pretax income | -$26.13M | -$27.23M | -$19.56M | -$36.51M | -$31.43M |
| Tax provision | $407.00K | $451.00K | $112.00K | $96.00K | $158.00K |
| Net income | -$26.53M | -$27.66M | -$19.66M | -$36.58M | -$31.58M |
| Net margin | -3750.0% | -3050.0% | -2340.0% | -6320.0% | -4470.0% |
| EBITDA | — | -$26.99M | -$25.28M | -$38.79M | -$31.07M |
| Basic EPS | -1.15 | -0.28 | -0.19 | -0.35 | -0.31 |
| Diluted EPS | -1.15 | -0.28 | -0.19 | -0.35 | -0.31 |