$0.81
−1.02%Income statement
| Metric | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | |||||
| Total Revenue | 18.7M | 26.6M | 54.2M | 22.8M | 18.0M |
| Cost of Revenue | 15.1M | 20.1M | 15.0M | 16.0M | 19.7M |
| Gross Profit | 3.6M | 6.5M | 39.2M | 6.8M | (1.7M) |
| Operating Expenses | |||||
| R&D Expense | 13.0M | 15.0M | 17.4M | 30.5M | 78.4M |
| SG&A Expense | 38.5M | 51.3M | 58.6M | 50.6M | 66.0M |
| General & Admin Expense | 38.5M | 51.3M | 58.6M | 50.5M | 65.9M |
| Selling & Marketing Expense | — | — | 23.0K | 44.0K | 163.0K |
| Other Expenses | 1.5M | 1.5M | 1.6M | 118.0M | (120.5M) |
| Total Operating Expenses | 52.9M | 67.8M | 77.6M | 199.0M | 23.9M |
| Cost and Expenses | 68.0M | 87.9M | 92.6M | 215.1M | 43.6M |
| Operating Income (EBIT) | (49.3M) | (61.3M) | (38.4M) | (192.3M) | (25.6M) |
| Non-Operating | |||||
| Interest Income | 197.0K | 262.0K | 331.0K | 320.0K | 365.0K |
| Interest Expense | 2.9M | 6.8M | 6.3M | 3.0M | — |
| Net Interest Income | (2.7M) | (6.5M) | (5.9M) | (2.7M) | 365.0K |
| Other Non-Op Income/Expense | 3.5M | (30.4M) | (19.5M) | (4.0M) | 39.8M |
| Non-Operating Income (excl Interest) | (6.4M) | 23.7M | 13.3M | 983.0K | 122.7M |
| EBT (Pre-Tax Income) | (45.9M) | (91.7M) | (57.9M) | (196.3M) | 14.2M |
| Income Tax Expense | 3.0K | 3.0K | — | 10.0K | 13.0K |
| Bottom Line | |||||
| Net Income | (45.9M) | (91.7M) | (57.9M) | (196.3M) | 14.2M |
| Earnings from Cont. Ops | (45.9M) | (91.7M) | (57.9M) | (196.3M) | 14.2M |
| Earnings from Discont. Ops | — | — | — | — | — |
| Bottom Line Net Income | (46.2M) | (91.8M) | (57.9M) | (196.3M) | 14.2M |
| Per Share | |||||
| Basic EPS | ($1.79) | ($3.59) | ($2.64) | ($11.02) | $1.01 |
| Diluted EPS | ($1.79) | ($3.59) | ($2.64) | ($11.02) | $0.95 |
| Revenue Per Share | $0.64 | $1.04 | $2.48 | $1.28 | $1.28 |
| Shares | |||||
| Basic Shares Outstanding | 29.2M | 25.6M | 21.9M | 17.8M | 14.0M |
| Diluted Shares Outstanding | 29.3M | 25.6M | 21.9M | 17.8M | 15.0M |
| Profitability Metrics | |||||
| EBITDA | (36.2M) | (77.7M) | (43.7M) | (183.9M) | (138.8M) |
| D&A | 6.8M | 7.3M | 7.9M | 9.3M | 9.4M |
| EBIT | (43.0M) | (85.0M) | (51.6M) | (193.3M) | (148.3M) |
As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026