$0.01
−16.26%Income statement
| Metric | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | |||||
| Total Revenue | 5.9M | 21.7M | 20.1M | 17.4M | 11.8M |
| Cost of Revenue | 14.0M | 20.6M | 20.3M | 27.7M | 9.6M |
| Gross Profit | (8.4M) | 1.1M | (145.0K) | (10.3M) | 2.2M |
| Operating Expenses | |||||
| R&D Expense | 72.7M | 72.5M | 73.3M | 54.7M | 38.6M |
| SG&A Expense | 31.4M | 29.4M | 31.8M | 25.6M | 22.7M |
| General & Admin Expense | 8.5M | — | — | — | — |
| Selling & Marketing Expense | — | — | — | — | — |
| Other Expenses | 1.8M | — | — | — | — |
| Total Operating Expenses | 105.9M | 101.9M | 105.2M | 80.3M | 61.3M |
| Cost and Expenses | 88.8M | 122.6M | 125.5M | 108.0M | 70.9M |
| Operating Income (EBIT) | (83.1M) | (100.8M) | (105.3M) | (90.6M) | (59.1M) |
| Non-Operating | |||||
| Interest Income | 15.5M | 13.2M | 17.7M | 20.3M | 8.5M |
| Interest Expense | 208.0K | 25.0K | 46.0K | 84.0K | 42.0K |
| Net Interest Income | 11.3M | 13.2M | 17.6M | 20.2M | 8.4M |
| Other Non-Op Income/Expense | 18.8M | 7.4M | 10.0M | 25.1M | 49.3M |
| Non-Operating Income (excl Interest) | (10.5M) | (7.4M) | (10.1M) | (25.2M) | (49.4M) |
| EBT (Pre-Tax Income) | (88.7M) | (93.4M) | (95.3M) | (65.5M) | (9.8M) |
| Income Tax Expense | (436.0K) | (8.0K) | 1.2M | — | (227.0K) |
| Bottom Line | |||||
| Net Income | (88.3M) | (93.4M) | (96.5M) | (65.5M) | (9.6M) |
| Earnings from Cont. Ops | (88.3M) | (93.4M) | (96.5M) | (65.5M) | (9.6M) |
| Earnings from Discont. Ops | — | — | — | — | — |
| Bottom Line Net Income | (88.3M) | (93.4M) | (96.5M) | (65.5M) | (9.6M) |
| Per Share | |||||
| Basic EPS | ($0.43) | ($0.51) | ($0.54) | ($0.37) | ($0.05) |
| Diluted EPS | ($0.43) | ($0.51) | ($0.54) | ($0.37) | ($0.05) |
| Revenue Per Share | $0.03 | $0.12 | $0.11 | $0.10 | $0.07 |
| Shares | |||||
| Basic Shares Outstanding | 228.2M | 184.9M | 179.4M | 178.0M | 174.4M |
| Diluted Shares Outstanding | 228.2M | 184.9M | 179.4M | 178.0M | 174.4M |
| Profitability Metrics | |||||
| EBITDA | (57.6M) | (73.6M) | (77.9M) | (52.7M) | (3.8M) |
| D&A | 15.0M | 19.8M | 17.4M | 12.7M | 5.9M |
| EBIT | (72.6M) | (93.4M) | (95.3M) | (65.5M) | (9.7M) |
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 Sep 1, 2026