-
Revenue
$-57.39M
Net Income
-
Gross Margin
-
Op. Margin
$-88.32M
Free Cash Flow
| Breakdown | TTM (Dec 31, 2025) |
FY 2025 (Dec 31, 2025) |
FY 2024 (Dec 31, 2024) |
FY 2023 (Dec 31, 2023) |
FY 2022 (Dec 31, 2022) |
FY 2021 (Dec 31, 2021) |
FY 2020 (Dec 31, 2020) |
FY 2019 (Jun 30, 2019) |
FY 2018 (Jun 30, 2018) |
FY 2017 (Jun 30, 2017) |
FY 2015 (Jun 30, 2015) |
FY 2013 (Aug 31, 2013) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | - | - | - | - | - | - | - | - | - | - | - | $5.13K |
| Revenue Growth % | nan% | nan% | nan% | nan% | nan% | nan% | nan% | nan% | nan% | nan% | nan% | nan% |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | $4.04K |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | $1.09K |
| Gross Margin % | nan% | nan% | nan% | nan% | nan% | nan% | nan% | nan% | nan% | nan% | nan% | 21.3% |
| Operating Expenses | $59.10M | $59.10M | $83.89M | $103.70M | $161.25M | $125.70M | $60.84M | $12.73M | $6.92M | $7.22M | $17.10M | $46.11K |
| Research & Development | $26.88M | $26.88M | $46.18M | $54.81M | $113.32M | $90.62M | $35.97M | $7.02M | $2.94M | $1.29M | $7.87M | - |
| Operating Income | $-59.10M | $-59.10M | $-83.89M | $-103.70M | $-161.25M | $-125.70M | $-60.84M | $-12.73M | $-6.92M | $-7.22M | $-17.10M | $-45.02K |
| Operating Margin % | nan% | nan% | nan% | nan% | nan% | nan% | nan% | nan% | nan% | nan% | nan% | -877.7% |
| Interest Expense | - | - | - | - | - | - | $2.42K | $5.93K | $2.56K | $2.65K | $4.92K | - |
| Interest Income | $1.40M | $1.40M | $3.53M | $5.15M | - | - | - | - | - | - | $10.88K | - |
| Other Income/Expense | $1.72M | $1.72M | $3.91M | $4.91M | $4.21M | $-48.32K | $1.38M | $-4.59M | $-2.04M | $932.31K | $-3.70M | - |
| Net Income | $-57.39M | $-57.39M | $-79.98M | $-98.79M | $-157.04M | $-125.75M | $-59.46M | $-17.32M | $-8.96M | $-6.29M | $-20.80M | $-45.02K |
| Net Margin % | nan% | nan% | nan% | nan% | nan% | nan% | nan% | nan% | nan% | nan% | nan% | -877.7% |
| Basic EPS | nan | -1.45 | -2.65 | -3.28 | -5.30 | -7.16 | nan | nan | nan | nan | nan | nan |
| Diluted EPS | nan | -1.45 | -2.65 | -3.28 | -5.30 | -7.16 | nan | nan | nan | nan | nan | nan |
| Basic Shares Outstanding | 7.2M | 39.5M | 30.2M | 30.1M | 29.6M | 17.6M | - | - | - | - | - | - |
| Diluted Shares Outstanding | 7.2M | 39.5M | 30.2M | 30.1M | 29.6M | 17.6M | - | - | - | - | - | - |
| Breakdown | FY 2025 (Dec 31, 2025) |
FY 2024 (Dec 31, 2024) |
FY 2023 (Dec 31, 2023) |
FY 2022 (Dec 31, 2022) |
FY 2021 (Dec 31, 2021) |
FY 2020 (Dec 31, 2020) |
FY 2019 (Jun 30, 2019) |
FY 2018 (Jun 30, 2018) |
FY 2017 (Jun 30, 2017) |
FY 2015 (Jun 30, 2015) |
FY 2013 (Aug 31, 2013) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | $3.50M | $3.86M | $4.09M | $5.40M | $44.44M | $2.50M | $9.22M | $2.24M | $1.71M | $22.47M | $15.29K |
| Short-term Investments | $89.51M | $41.05M | $92.23M | $142.93M | $167.47M | $114.60M | - | - | - | - | - |
| Accounts Receivable | - | - | - | $512.43K | - | - | - | - | - | - | - |
| Total Current Assets | $93.98M | $45.80M | $97.51M | $152.87M | $223.30M | $118.07M | $9.98M | $2.74M | $2.47M | $23.97M | $18.46K |
| Property Plant & Equipment | - | - | - | - | - | $1.26K | $7.21K | $12.08K | $2.31K | $23.91K | $1.55K |
| Other Non-current Assets | $19.50K | $21.98K | $43.12K | $34.88K | $28.29K | $25.00K | $25.00K | $24.79K | $21.96K | - | - |
| Total Assets | $94.00M | $45.82M | $97.55M | $152.91M | $223.33M | $118.19M | $10.22M | $3.05M | $2.84M | $24.39M | $20.01K |
| Accounts Payable | $1.57M | $4.13M | $3.51M | $5.26M | $11.19M | $8.35M | $924.36K | $765.44K | $529.56K | $835.28K | $33.67K |
| Accrued Liabilities | $4.86M | $6.16M | $8.69M | $7.21M | $3.87M | $4.26M | $1.32M | $659.46K | $394.56K | $482.27K | - |
| Total Current Liabilities | $6.43M | $10.29M | $12.19M | $12.47M | $15.06M | $12.60M | $2.61M | $5.90M | $1.38M | $15.58M | $33.67K |
| Total Liabilities | $7.49M | $10.30M | $12.19M | $12.47M | $15.06M | $12.60M | $2.61M | $8.56M | $1.38M | $15.58M | - |
| Common Stock | $73.33K | $30.17K | $30.10K | $30.10K | $27.74K | $16.33K | $38.98K | $12.55K | $12.53K | $10.78K | $28.50K |
| Retained Earnings | $-698.27M | $-640.88M | $-560.90M | $-462.11M | $-305.07M | $-179.32M | $-111.66M | $-94.34M | $-85.38M | $-76.12M | - |
| Total Stockholders Equity | $86.51M | $35.52M | $85.36M | $140.44M | $208.26M | $105.58M | $7.61M | $-5.51M | $1.46M | $8.81M | $-13.66K |
| Total Liabilities & Equity | $94.00M | $45.82M | $97.55M | $152.91M | $223.33M | $118.19M | $10.22M | $3.05M | $2.84M | $24.39M | $20.01K |
| Breakdown | TTM (Dec 31, 2025) |
FY 2025 (Dec 31, 2025) |
FY 2024 (Dec 31, 2024) |
FY 2023 (Dec 31, 2023) |
FY 2022 (Dec 31, 2022) |
FY 2021 (Dec 31, 2021) |
FY 2020 (Dec 31, 2020) |
FY 2019 (Jun 30, 2019) |
FY 2018 (Jun 30, 2018) |
FY 2017 (Jun 30, 2017) |
FY 2015 (Jun 30, 2015) |
FY 2013 (Aug 31, 2013) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $-57.39M | $-57.39M | $-79.98M | $-98.79M | $-157.04M | $-125.75M | $-59.46M | $-17.32M | $-8.96M | $-6.29M | $-20.80M | $-45.02K |
| Stock-based Compensation | $26.31M | $13.91M | $30.18M | $43.81M | $44.19M | $40.49M | $20.78M | $1.21M | $518.00K | $704.45K | $796.95K | - |
| Change in Receivables | - | - | - | - | $512.43K | - | - | - | - | - | - | - |
| Change in Inventory | - | - | - | - | - | - | - | - | - | - | - | $3.24K |
| Change in Payables | $-8.20M | $-2.56M | $624.55K | $-1.76M | $421.04K | $2.85M | $7.82M | $158.92K | $157.39K | $-730.15K | $89.19K | $20.40K |
| Operating Cash Flow | $-88.32M | $-45.79M | $-51.76M | $-51.66M | $-103.80M | $-91.87M | $-27.81M | $-10.50M | $-6.00M | $-6.47M | $-16.23M | $-11.86K |
| Capital Expenditure | - | - | - | - | - | - | $182.05M | - | $12.39K | $49.69K | $23.33K | $-1.80K |
| Purchases of Investments | - | - | - | - | $47.29M | $222.98M | $182.05M | - | - | - | - | - |
| Investing Cash Flow | $-10.74M | $-48.14M | $51.56M | $50.45M | $19.73M | $-54.12M | $-34.45M | - | $-12.39K | $-49.69K | $-23.33K | $-1.80K |
| Stock Issued | - | $93.64M | - | - | $42.73M | $184.64M | $19.79M | - | - | - | - | $20.00K |
| Financing Cash Flow | - | $93.56M | $-40.34K | $-98.46K | $45.02M | $187.94M | $28.47M | $17.48M | $6.54M | $-273.67K | $13.16M | $20.00K |
| Net Change in Cash | - | - | - | - | - | - | - | $6.98M | $528.43K | $-6.79M | - | - |
SEC Filing Format - Data shown as it appears in the Q3 2025 (10-Q) filing
Period ended: Sep 30, 2025
Condensed Consolidated Statements of Operations
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Operating Expenses | $10.33M | - | $38.77M | - |
| Research & Development | $4.04M | - | $18.81M | - |
| Operating Income | $-10.33M | - | $-38.77M | - |
| Interest Expense | - | - | - | - |
| Interest Income | $247.01K | - | $1.01M | - |
| Other Income/Expense | $235.85K | - | $1.25M | - |
| Net Income | $-10.09M | $-17.77M | $-37.52M | - |
| Basic EPS | -0.30 | - | -1.16 | - |
| Diluted EPS | -0.30 | - | -1.16 | - |
| Basic Shares Outstanding | $33.19M | - | $32.27M | - |
| Diluted Shares Outstanding | $33.19M | - | $32.27M | - |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $1.38M | $3.86M |
| Short-term Investments | $12.50M | $41.05M |
| Total Current Assets | $14.85M | $45.80M |
| Other Non-current Assets | $21.98K | $21.98K |
| Total Assets | $14.88M | $45.82M |
| Accounts Payable | $1.45M | $4.13M |
| Accrued Liabilities | $3.74M | $6.16M |
| Total Current Liabilities | $5.19M | $10.29M |
| Total Liabilities | $5.41M | $10.30M |
| Common Stock | $33.19K | $30.17K |
| Retained Earnings | $-678.40M | $-640.88M |
| Total Stockholders Equity | $9.47M | $35.52M |
| Total Liabilities & Equity | $14.88M | $45.82M |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $-10.09M | $-17.77M | $-37.52M | - |
| Stock-based Compensation | - | - | $11.53M | - |
| Change in Payables | - | - | $-2.68M | - |
| Operating Cash Flow | - | - | $-31.19M | - |
| Investing Cash Flow | - | - | $28.79M | - |
| Financing Cash Flow | - | - | $-73.02K | - |
All values are in USD (United States Dollars). Data is sourced from SEC EDGAR 10-K filings.
Annual data represents full fiscal year results. FY = Fiscal Year ending.