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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 | $32.73M | $43.60M | $20.99M | $4.51M | $51.22M |
| Cost of revenue | — | — | — | — | — |
| Gross profit | — | — | — | — | — |
| Gross margin |
Source: SEC filings. Information and analytics, not investment advice.
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| Research & development | $58.57M | $61.66M | $54.36M | $64.66M | $71.90M |
| Selling, general & admin | — | — | — | — | — |
| Total operating expenses | $75.91M | $76.78M | $68.51M | $82.37M | $88.28M |
| Operating income | -$43.18M | -$33.17M | -$47.51M | -$77.86M | -$37.06M |
| Operating margin | -13190.0% | -7610.0% | -22630.0% | -172410.0% | -7240.0% |
| Interest expense | $8.66M | $8.24M | $7.66M | $4.70M | $7.35M |
| Pretax income | -$48.26M | -$31.07M | -$6.02M | -$128.63M | -$21.91M |
| Tax provision | $367.00K | -$250.00K | $0 | $280.00K | -$190.00K |
| Net income | -$48.41M | -$30.82M | -$6.02M | -$128.91M | -$21.72M |
| Net margin | -14790.0% | -7070.0% | -2870.0% | -285470.0% | -4240.0% |
| EBITDA | -$40.49M | -$30.77M | -$45.11M | -$75.29M | -$34.76M |
| Basic EPS | -0.66 | -0.41 | -0.08 | -1.71 | -0.29 |
| Diluted EPS | -0.66 | -0.41 | -0.08 | -1.71 | -0.29 |