$170.44M
Revenue
$-193.88M
Net Income
-
Gross Margin
-94.58%
Op. Margin
$-110.90M
Free Cash Flow
| Breakdown | Q4 2025 (Dec 31, 2025) |
Q3 2025 (Sep 30, 2025) |
Q2 2025 (Jun 30, 2025) |
Q1 2025 (Mar 31, 2025) |
Q4 2024 (Dec 31, 2024) |
Q3 2024 (Sep 30, 2024) |
Q2 2024 (Jun 30, 2024) |
Q1 2024 (Mar 31, 2024) |
Q4 2023 (Dec 31, 2023) |
Q3 2023 (Sep 30, 2023) |
Q2 2023 (Jun 30, 2023) |
Q1 2023 (Mar 31, 2023) |
Q4 2022 (Dec 31, 2022) |
Q3 2022 (Sep 30, 2022) |
Q2 2022 (Jun 30, 2022) |
Q1 2022 (Mar 31, 2022) |
Q4 2021 (Dec 31, 2021) |
Q3 2021 (Sep 30, 2021) |
Q2 2021 (Jun 30, 2021) |
Q1 2021 (Mar 31, 2021) |
Q4 2020 (Dec 31, 2020) |
Q3 2020 (Sep 30, 2020) |
Q2 2020 (Jun 30, 2020) |
Q1 2020 (Mar 31, 2020) |
Q4 2019 (Dec 31, 2019) |
Q3 2019 (Sep 30, 2019) |
Q2 2019 (Jun 30, 2019) |
Q1 2019 (Mar 31, 2019) |
Q4 2018 (Dec 31, 2018) |
Q3 2018 (Sep 30, 2018) |
Q2 2018 (Jun 30, 2018) |
Q1 2018 (Mar 31, 2018) |
Q4 2017 (Dec 31, 2017) |
Q3 2017 (Sep 30, 2017) |
Q2 2017 (Jun 30, 2017) |
Q1 2017 (Mar 31, 2017) |
Q4 2016 (Dec 31, 2016) |
Q3 2016 (Sep 30, 2016) |
Q2 2016 (Jun 30, 2016) |
Q1 2016 (Mar 31, 2016) |
Q4 2015 (Dec 31, 2015) |
Q3 2015 (Sep 30, 2015) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $30.34M | $29.73M | $21.36M | $89.01M | $21.21M | $24.20M | $22.30M | $15.62M | $22.21M | $28.91M | $19.98M | $19.14M | $31.34M | $26.51M | $32.65M | $22.22M | $398.65M | $30.77M | $22.04M | $18.88M | $21.45M | $98.91M | $16.57M | $17.64M | $11.77M | $14.70M | $7.88M | $884.00K | $40.78M | $5.31M | $40.03M | $132.39M | $2.04M | $1.34M | $6.56M | $455.00K | $1.70M | $125.00K | $2.38M | $393.00K | $4.45M | $1.14M |
| Revenue Growth % (YoY) | 43.0% | 22.9% | -4.2% | 469.8% | -4.5% | -16.3% | 11.6% | -18.4% | -29.1% | 9.1% | -38.8% | -13.9% | -92.1% | -13.8% | 48.2% | 17.7% | 1759.0% | -68.9% | 33.0% | 7.0% | 82.2% | 572.9% | 110.2% | 1895.9% | -71.1% | 177.0% | -80.3% | -99.3% | 1898.9% | 297.2% | 510.0% | 28996.9% | 20.3% | 968.8% | 176.3% | 15.8% | -61.9% | -89.0% | nan% | nan% | nan% | nan% |
| Cost of Revenue | - | - | - | - | $6.32M | $12.39M | $10.58M | $4.28M | $11.24M | $12.39M | $9.47M | $4.11M | $12.78M | $13.09M | $12.95M | $15.72M | $23.06M | $14.11M | $9.82M | $4.85M | $10.26M | $17.36M | $4.68M | $3.41M | $3.79M | $2.49M | $1.93M | $29.00K | $2.84M | $1.03M | $7.74M | - | $-382.00K | $6.00K | $6.00K | - | $858.00K | $22.00K | $49.00K | $30.00K | $4.00K | $44.00K |
| Gross Profit | - | - | - | - | $14.90M | $11.81M | $11.72M | $11.34M | $10.97M | $16.53M | $10.50M | $15.03M | $18.56M | $13.42M | $19.70M | $6.50M | $375.60M | $16.67M | $12.22M | $14.03M | $11.19M | $81.55M | $11.88M | $14.23M | $7.98M | $12.21M | $5.95M | $855.00K | $37.93M | $4.27M | $32.29M | - | $2.42M | $1.33M | $6.56M | - | $838.00K | $103.00K | $2.33M | $363.00K | $4.44M | $1.10M |
| Gross Margin % | nan% | nan% | nan% | nan% | 70.2% | 48.8% | 52.5% | 72.6% | 49.4% | 57.2% | 52.6% | 78.5% | 59.2% | 50.6% | 60.3% | 29.3% | 94.2% | 54.2% | 55.4% | 74.3% | 52.2% | 82.4% | 71.7% | 80.7% | 67.8% | 83.0% | 75.5% | 96.7% | 93.0% | 80.5% | 80.7% | nan% | 118.7% | 99.6% | 99.9% | nan% | 49.4% | 82.4% | 97.9% | 92.4% | 99.9% | 96.1% |
| Operating Expenses | $87.97M | $82.14M | $84.64M | $76.89M | $72.58M | $86.28M | $78.33M | $79.48M | $86.12M | $93.87M | $93.08M | $85.30M | $89.12M | $97.56M | $95.18M | $93.75M | $85.06M | $88.12M | $74.26M | $62.93M | $75.10M | $84.96M | $58.40M | $55.34M | $52.09M | $50.60M | $44.75M | $36.79M | $38.33M | $28.03M | - | $30.37M | $18.64M | $22.64M | $21.62M | $23.38M | $22.16M | $18.79M | $17.33M | $11.64M | $9.95M | $8.49M |
| Research & Development | $59.61M | $56.10M | $59.50M | $53.09M | $50.38M | $54.43M | $48.87M | $54.84M | $55.68M | $58.18M | $59.89M | $58.52M | $62.51M | $63.31M | $61.01M | $55.63M | $47.98M | $47.85M | $45.88M | $39.72M | $47.18M | $43.97M | $38.11M | $37.03M | $33.81M | $35.69M | $29.48M | $25.20M | $24.33M | $18.51M | - | $19.55M | $14.17M | $12.52M | $13.92M | $16.62M | $16.06M | $12.56M | $10.68M | $6.18M | $4.81M | $5.66M |
| Operating Income | $-57.64M | $-52.41M | $-63.28M | $12.13M | $-51.37M | $-62.08M | $-56.04M | $-63.86M | $-63.90M | $-64.96M | $-73.11M | $-66.16M | $-57.77M | $-71.05M | $-62.53M | $-71.53M | $313.60M | $-57.35M | $-52.23M | $-44.04M | $-53.65M | $13.95M | $-41.83M | $-37.70M | $-40.32M | $-35.90M | $-36.87M | $-35.91M | $2.45M | $-22.73M | - | $102.03M | $-16.60M | $-21.31M | $-15.06M | $-22.92M | $-20.47M | $-18.67M | $-14.95M | $-11.25M | $-5.50M | $-7.35M |
| Operating Margin % | -190.0% | -176.3% | -296.3% | 13.6% | -242.1% | -256.6% | -251.3% | -408.8% | -287.7% | -224.7% | -366.0% | -345.7% | -184.3% | -268.0% | -191.5% | -321.9% | 78.7% | -186.4% | -237.0% | -233.2% | -250.2% | 14.1% | -252.5% | -213.7% | -342.7% | -244.2% | -467.9% | -4061.8% | 6.0% | -428.3% | nan% | 77.1% | -813.6% | -1595.0% | -229.4% | -5037.8% | -1206.9% | -14934.4% | -629.6% | -2862.8% | -123.6% | -644.5% |
| Interest Expense | $12.28M | $13.17M | $10.99M | $8.57M | $9.42M | $820.00K | $449.00K | $1.97M | $1.36M | $1.62M | $1.12M | $2.75M | $4.31M | $5.95M | $6.86M | $6.13M | $6.50M | $6.71M | $6.37M | $6.70M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $20.00K |
| Other Income/Expense | $-9.51M | $-9.53M | $-7.59M | $-6.04M | $182.00K | $2.48M | $3.05M | $533.00K | $862.00K | $3.09M | $1.05M | $-519.00K | $-2.21M | $-4.44M | $-5.65M | $-5.24M | $-6.17M | $-1.06M | $-5.41M | $-6.09M | $13.15M | $-5.16M | $7.57M | $-2.34M | $11.47M | $1.15M | $35.29M | $3.61M | $3.48M | $2.23M | - | $2.21M | $601.00K | $603.00K | $583.00K | $929.00K | $426.00K | $514.00K | $515.00K | $483.00K | $323.00K | $15.00K |
| Income Before Tax | - | - | - | - | - | - | - | - | $-63.04M | $-61.87M | $-72.06M | $-66.68M | $-59.98M | $-75.48M | $-68.18M | $-76.76M | $307.43M | $-58.41M | $-57.64M | $-50.13M | $-40.50M | $8.79M | $-34.26M | $-40.04M | $-28.86M | $-34.75M | $-1.59M | $-32.30M | $5.93M | $-20.49M | - | - | $-16.00M | - | - | - | - | - | - | - | - | - |
| Income Tax Expense | - | - | - | - | - | - | - | - | - | - | - | - | $-43.00K | $-41.00K | $-41.00K | $-41.00K | $13.40M | $4.00K | $4.00K | $4.00K | $5.74M | $-3.00K | $-500.00K | - | $-2.39M | $-165.00K | $-129.00K | $-70.00K | $1.62M | $-1.29M | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Income | $-67.15M | $-61.94M | $-70.87M | $6.08M | $-51.19M | $-59.60M | $-52.99M | $-63.33M | $-62.89M | $-61.87M | $-72.06M | $-66.68M | $-59.94M | $-75.48M | $-68.18M | $-76.72M | $294.02M | $-58.41M | $-57.64M | $-50.14M | $-46.24M | $8.79M | $-33.76M | $-40.04M | $-26.46M | $-34.58M | $-1.46M | $-32.23M | $4.31M | $-19.20M | $10.59M | $104.24M | $-16.00M | $-20.71M | $-14.47M | $-21.99M | $-19.61M | $-18.15M | $-14.44M | $-10.77M | $-5.18M | $-7.33M |
| Net Margin % | -221.3% | -208.3% | -331.8% | 6.8% | -241.3% | -246.3% | -237.7% | -405.4% | -283.1% | -214.0% | -360.7% | -348.4% | -191.2% | -284.7% | -208.8% | -345.3% | 73.8% | -189.8% | -261.6% | -265.5% | -215.6% | 8.9% | -203.8% | -226.9% | -224.9% | -235.3% | -18.5% | -3645.7% | 10.6% | -361.9% | 26.5% | 78.7% | -784.2% | -1549.9% | -220.6% | -4833.6% | -1156.1% | -14523.2% | -607.9% | -2739.9% | -116.4% | -643.2% |
| Basic EPS | nan | -1.20 | -1.38 | 0.12 | -1.00 | -1.17 | -1.05 | -1.38 | -1.42 | -1.41 | -1.66 | -1.53 | -1.39 | -1.75 | -1.58 | nan | 6.94 | -1.37 | nan | nan | -1.23 | 0.24 | nan | nan | -0.72 | -0.94 | -0.04 | -0.89 | 0.05 | -0.56 | 0.33 | 3.30 | -0.51 | nan | nan | nan | nan | nan | nan | nan | nan | nan |
| Diluted EPS | nan | -1.20 | -1.38 | 0.12 | -1.00 | -1.17 | -1.05 | -1.38 | -1.42 | -1.41 | -1.66 | -1.53 | -1.39 | -1.75 | -1.58 | nan | 6.84 | -1.37 | nan | nan | -1.23 | 0.23 | nan | nan | -0.72 | -0.94 | -0.04 | -0.89 | 0.06 | -0.56 | 0.30 | 3.04 | -0.51 | nan | nan | nan | nan | nan | nan | nan | nan | nan |
| Basic Shares Outstanding | 60K | 51.7M | 51.5M | 51.4M | 458K | 50.8M | 50.6M | 45.7M | 43.7M | 44K | 44K | 43K | 43.1M | 43K | 43K | - | 42.4M | 42.6M | - | - | 47K | 37.3M | - | - | 72K | 36.8M | 36.7M | 36.4M | 851K | 34.0M | - | 31.6M | 438K | - | - | - | - | - | - | - | - | - |
| Diluted Shares Outstanding | 60K | 51.7M | 51.5M | 51.4M | 458K | 50.8M | 50.6M | 45.7M | 43.7M | 44K | 44K | 43K | 43.1M | 43K | 43K | - | 43.9M | 42.6M | - | - | 47K | 38.9M | - | - | 72K | 36.8M | 36.7M | 36.4M | 773K | 34.0M | - | 34.3M | 438K | - | - | - | - | - | - | - | - | - |
| Breakdown | Q4 2025 (Dec 31, 2025) |
Q3 2025 (Sep 30, 2025) |
Q2 2025 (Jun 30, 2025) |
Q1 2025 (Mar 31, 2025) |
Q4 2024 (Dec 31, 2024) |
Q3 2024 (Sep 30, 2024) |
Q2 2024 (Jun 30, 2024) |
Q1 2024 (Mar 31, 2024) |
Q4 2023 (Dec 31, 2023) |
Q3 2023 (Sep 30, 2023) |
Q2 2023 (Jun 30, 2023) |
Q1 2023 (Mar 31, 2023) |
Q4 2022 (Dec 31, 2022) |
Q3 2022 (Sep 30, 2022) |
Q2 2022 (Jun 30, 2022) |
Q1 2022 (Mar 31, 2022) |
Q4 2021 (Dec 31, 2021) |
Q3 2021 (Sep 30, 2021) |
Q2 2021 (Jun 30, 2021) |
Q1 2021 (Mar 31, 2021) |
Q4 2020 (Dec 31, 2020) |
Q3 2020 (Sep 30, 2020) |
Q2 2020 (Jun 30, 2020) |
Q1 2020 (Mar 31, 2020) |
Q4 2019 (Dec 31, 2019) |
Q3 2019 (Sep 30, 2019) |
Q2 2019 (Jun 30, 2019) |
Q1 2019 (Mar 31, 2019) |
Q4 2018 (Dec 31, 2018) |
Q3 2018 (Sep 30, 2018) |
Q2 2018 (Jun 30, 2018) |
Q1 2018 (Mar 31, 2018) |
Q4 2017 (Dec 31, 2017) |
Q3 2017 (Sep 30, 2017) |
Q2 2017 (Jun 30, 2017) |
Q1 2017 (Mar 31, 2017) |
Q4 2016 (Dec 31, 2016) |
Q3 2016 (Sep 30, 2016) |
Q2 2016 (Jun 30, 2016) |
Q1 2016 (Mar 31, 2016) |
Q4 2015 (Dec 31, 2015) |
Q3 2015 (Sep 30, 2015) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | $34.47M | $58.80M | $79.56M | $130.10M | $57.53M | $56.62M | $57.77M | $112.97M | $34.52M | $53.05M | $68.60M | $70.09M | $96.95M | $118.54M | $121.37M | $191.87M | $345.21M | $228.39M | $257.07M | $291.48M | $338.43M | $93.22M | $94.22M | $69.41M | $69.51M | $79.59M | $55.14M | $55.85M | $75.56M | $142.42M | $106.89M | $71.87M | $46.66M | $59.88M | $57.65M | $82.05M | $24.84M | $28.11M | $30.08M | $35.51M | $54.12M | $205.32M |
| Short-term Investments | $195.60M | $215.40M | $243.74M | $137.76M | $177.16M | $198.84M | $232.59M | $225.73M | $240.74M | $248.84M | $251.48M | $261.73M | $267.69M | $263.87M | $281.59M | $202.26M | $112.23M | $111.47M | $117.67M | $149.40M | $137.31M | $148.31M | $174.96M | $209.85M | $226.70M | $252.12M | $286.35M | $229.37M | $244.20M | $230.17M | $179.60M | $158.00M | $114.12M | $106.78M | $104.43M | $63.76M | $64.71M | $63.66M | $64.12M | $65.54M | $60.02M | $8.03M |
| Accounts Receivable | $26.38M | $25.35M | $20.20M | $18.19M | $20.47M | $23.60M | $22.81M | $15.83M | $24.79M | $28.04M | $21.38M | $18.86M | $28.08M | $32.55M | $37.50M | $27.02M | $32.44M | $46.02M | $44.39M | $41.04M | $43.00M | $122.12M | - | - | $38.15M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $2.14M | - |
| Other Current Assets | $12.90M | $19.47M | $19.48M | $16.08M | $13.77M | $23.33M | $23.50M | $27.30M | $20.40M | $23.35M | $22.23M | $23.00M | $9.35M | $6.85M | $8.72M | $7.18M | $10.20M | $5.89M | $5.16M | $2.88M | $1.95M | $7.20M | $7.27M | $7.03M | $4.20M | $2.41M | $2.28M | $4.00M | $3.83M | $4.83M | $2.35M | $2.21M | $1.41M | $1.39M | $1.25M | $922.00K | $1.01M | $2.00M | $1.44M | $1.30M | $851.00K | $127.00K |
| Total Current Assets | $281.28M | $331.97M | $373.75M | $313.24M | $278.00M | $313.40M | $346.68M | $395.42M | $334.97M | $365.84M | $378.81M | $389.20M | $415.98M | $436.64M | $465.42M | $446.88M | $518.83M | $410.16M | $437.39M | $498.64M | $531.20M | $386.95M | $329.08M | $338.23M | $345.03M | $360.23M | $359.49M | $303.88M | $337.91M | $386.36M | $293.27M | $262.72M | $168.00M | $172.16M | $165.82M | $148.80M | $93.37M | $96.62M | $97.91M | $105.58M | $118.15M | $215.49M |
| Property Plant & Equipment | $104.86M | $107.52M | $111.02M | $114.50M | $117.59M | $120.55M | $123.97M | $127.66M | $132.10M | $135.53M | $138.68M | $141.57M | $141.69M | $140.91M | $138.81M | $135.26M | $131.55M | $122.23M | $106.69M | $89.34M | $56.47M | $38.87M | $32.70M | $30.41M | $28.97M | $28.29M | $27.33M | $23.14M | $28.70M | $19.86M | $16.70M | $14.83M | $13.98M | $11.55M | $11.52M | $11.06M | $9.32M | $5.80M | $2.86M | $1.33M | $538.00K | $385.00K |
| Long-term Investments | $10.79M | $27.84M | $40.30M | $4.86M | $10.18M | $23.11M | $36.94M | $41.81M | $38.87M | $62.64M | $95.30M | $141.71M | $200.56M | $234.59M | $279.07M | $370.66M | $391.91M | $193.64M | $218.22M | $215.60M | $46.81M | $48.27M | $70.05M | $77.36M | $103.78M | $85.41M | $108.19M | $159.08M | $150.82M | $102.30M | $19.80M | $5.92M | $15.62M | $24.48M | $46.42M | $63.74M | $69.41M | $93.09M | $104.51M | $107.55M | $102.23M | $11.01M |
| Other Non-current Assets | $4.61M | $4.27M | $1.88M | $2.99M | $4.00M | $4.33M | $2.95M | $4.22M | $4.81M | $4.67M | $3.83M | $8.29M | $6.40M | $8.35M | $5.91M | $8.53M | $6.43M | $8.56M | $7.69M | $9.07M | $5.28M | $4.36M | $4.32M | $2.85M | $4.55M | $4.01M | $3.21M | $2.25M | $2.31M | $1.65M | $1.51M | $883.00K | $862.00K | $836.00K | $393.00K | $297.00K | $400.00K | $239.00K | $266.00K | $223.00K | $168.00K | $128.00K |
| Total Assets | $453.03M | $525.20M | $581.03M | $490.93M | $465.99M | $519.11M | $569.38M | $629.22M | $573.97M | $633.79M | $682.46M | $747.83M | $833.27M | $883.79M | $953.44M | $1.03B | $1.11B | $800.39M | $836.40M | $879.44M | $708.16M | $541.17M | $449.74M | $463.94M | $497.91M | $509.24M | $529.14M | $519.03M | $543.81M | $514.98M | $335.99M | $317.22M | $198.68M | $209.25M | $224.38M | $224.13M | $172.73M | $195.97M | $206.07M | $214.98M | $221.38M | $227.31M |
| Accounts Payable | $21.36M | $22.27M | $21.66M | $19.04M | $22.80M | $19.52M | $16.36M | $31.36M | $22.79M | $21.86M | $11.64M | $23.28M | $27.21M | $25.21M | $16.98M | $24.71M | $11.39M | $19.84M | $9.35M | $11.31M | $10.62M | $15.24M | $10.90M | $9.01M | $6.41M | $9.61M | $5.85M | $4.20M | $4.41M | $5.21M | $4.23M | $5.01M | $4.83M | $2.59M | $3.95M | $4.13M | $1.54M | $5.38M | $2.08M | $1.11M | $1.01M | $3.10M |
| Accrued Liabilities | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.73M |
| Deferred Revenue | $10.45M | $13.20M | $13.98M | $13.59M | $115.00K | $144.00K | $21.00K | $13.00K | $148.00K | $442.00K | $448.00K | $1.31M | $1.83M | $5.90M | $6.64M | $3.33M | $3.33M | $395.00K | $395.00K | $395.00K | $449.00K | $449.00K | $450.00K | - | - | - | - | $600.00K | $600.00K | $600.00K | $600.00K | - | - | - | - | - | - | - | - | - | - | - |
| Total Current Liabilities | $118.09M | $124.57M | $119.54M | $106.73M | $103.19M | $102.72M | $98.27M | $110.18M | $130.27M | $127.35M | $117.89M | $112.33M | $130.43M | $123.55M | $114.56M | $119.94M | $130.47M | $106.77M | $91.55M | $83.96M | $81.45M | $63.61M | $40.20M | $31.79M | $33.68M | $31.34M | $24.66M | $21.39M | $22.18M | $19.12M | $16.85M | $14.88M | $14.44M | $13.40M | $11.46M | $9.96M | $9.67M | $14.38M | $9.15M | $5.78M | $4.34M | $5.31M |
| Other Non-current Liabilities | $638.00K | $648.00K | $664.00K | $680.00K | $3.63M | $3.58M | $3.53M | $3.48M | $6.25M | $6.19M | $6.08M | $5.98M | $8.83M | $8.66M | $8.53M | $7.68M | $745.00K | $484.00K | $514.00K | $448.00K | $524.00K | $545.00K | $582.00K | $672.00K | $1.83M | $1.84M | $1.90M | $1.77M | $2.50M | $691.00K | $720.00K | $1.78M | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | $350.30M | $363.75M | $367.35M | $216.73M | $206.34M | $217.70M | $221.11M | $238.55M | $262.23M | $270.69M | $276.60M | $282.69M | $317.07M | $319.97M | $322.93M | $335.70M | $349.61M | $338.98M | $329.16M | $324.94M | $330.41M | $125.51M | $51.88M | $43.78M | $47.71M | $40.84M | $34.55M | $31.98M | $34.97M | $20.93M | $18.77M | $17.88M | $15.65M | $14.60M | $12.68M | $11.23M | $10.99M | $15.75M | $9.90M | $6.38M | $4.57M | $5.51M |
| Common Stock | $5.00K | $5.00K | $5.00K | $5.00K | $5.00K | $5.00K | $5.00K | $5.00K | $4.00K | $4.00K | $4.00K | $4.00K | $4.00K | $4.00K | $4.00K | $4.00K | $4.00K | $4.00K | $4.00K | $4.00K | $4.00K | $4.00K | $4.00K | $4.00K | $4.00K | $4.00K | $4.00K | $4.00K | $4.00K | $4.00K | $3.00K | $3.00K | $3.00K | $3.00K | $3.00K | $3.00K | $3.00K | $3.00K | $3.00K | $3.00K | $3.00K | $3.00K |
| Retained Earnings | $-1.13B | $-1.06B | $-996.94M | $-926.07M | $-932.15M | $-880.96M | $-821.37M | $-768.38M | $-705.05M | $-642.16M | $-580.29M | $-508.23M | $-441.55M | $-381.62M | $-306.13M | $-237.96M | $-161.23M | $-455.25M | $-396.85M | $-339.21M | $-289.07M | $-242.83M | $-251.62M | $-217.86M | $-177.82M | $-151.36M | $-116.77M | $-115.32M | $-83.02M | $-87.32M | $-68.12M | $-78.71M | $-187.76M | $-171.76M | $-151.05M | $-136.58M | $-114.59M | $-94.98M | $-76.83M | $-62.39M | $-51.62M | $-46.44M |
| Total Stockholders Equity | $102.73M | $161.45M | $213.68M | $274.20M | $259.65M | $301.42M | $348.27M | $390.67M | $311.74M | $363.10M | $405.86M | $465.14M | $516.20M | $563.82M | $630.52M | $689.67M | $764.30M | $461.41M | $507.25M | $554.50M | $377.75M | $415.66M | $397.86M | $420.15M | $450.20M | $468.39M | $494.59M | $487.05M | $508.85M | $494.06M | $317.22M | $299.34M | $183.03M | $194.65M | $211.70M | $212.90M | $161.74M | $180.23M | $196.18M | $208.60M | $216.81M | $221.81M |
| Total Liabilities & Equity | $453.03M | $525.20M | $581.03M | $490.93M | $465.99M | $519.11M | $569.38M | $629.22M | $573.97M | $633.79M | $682.46M | $747.83M | $833.27M | $883.79M | $953.44M | $1.03B | $1.11B | $800.39M | $836.40M | $879.44M | $708.16M | $541.17M | $449.74M | $463.94M | $497.91M | $509.24M | $529.14M | $519.03M | $543.81M | $514.98M | $335.99M | $317.22M | $198.68M | $209.25M | $224.38M | $224.13M | $172.73M | $195.97M | $206.07M | $214.98M | $221.38M | $227.31M |
| Breakdown | Q4 2025 (Dec 31, 2025) |
Q3 2025 (Sep 30, 2025) |
Q2 2025 (Jun 30, 2025) |
Q1 2025 (Mar 31, 2025) |
Q4 2024 (Dec 31, 2024) |
Q3 2024 (Sep 30, 2024) |
Q2 2024 (Jun 30, 2024) |
Q1 2024 (Mar 31, 2024) |
Q4 2023 (Dec 31, 2023) |
Q3 2023 (Sep 30, 2023) |
Q2 2023 (Jun 30, 2023) |
Q1 2023 (Mar 31, 2023) |
Q4 2022 (Dec 31, 2022) |
Q3 2022 (Sep 30, 2022) |
Q2 2022 (Jun 30, 2022) |
Q1 2022 (Mar 31, 2022) |
Q4 2021 (Dec 31, 2021) |
Q3 2021 (Sep 30, 2021) |
Q2 2021 (Jun 30, 2021) |
Q1 2021 (Mar 31, 2021) |
Q4 2020 (Dec 31, 2020) |
Q3 2020 (Sep 30, 2020) |
Q2 2020 (Jun 30, 2020) |
Q1 2020 (Mar 31, 2020) |
Q4 2019 (Dec 31, 2019) |
Q3 2019 (Sep 30, 2019) |
Q2 2019 (Jun 30, 2019) |
Q1 2019 (Mar 31, 2019) |
Q4 2018 (Dec 31, 2018) |
Q3 2018 (Sep 30, 2018) |
Q2 2018 (Jun 30, 2018) |
Q1 2018 (Mar 31, 2018) |
Q4 2017 (Dec 31, 2017) |
Q3 2017 (Sep 30, 2017) |
Q2 2017 (Jun 30, 2017) |
Q1 2017 (Mar 31, 2017) |
Q4 2016 (Dec 31, 2016) |
Q3 2016 (Sep 30, 2016) |
Q2 2016 (Jun 30, 2016) |
Q1 2016 (Mar 31, 2016) |
Q4 2015 (Dec 31, 2015) |
Q3 2015 (Sep 30, 2015) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $-67.15M | $-61.94M | $-64.79M | $6.08M | $-51.19M | $-59.60M | $-52.99M | $-63.33M | $-62.89M | $-61.87M | $-138.74M | $-66.68M | $-59.94M | $-220.39M | $-144.90M | $-76.72M | $294.02M | $-166.18M | $-107.78M | $-50.14M | $-46.24M | $8.79M | $-33.76M | $-40.04M | $-26.46M | $-34.58M | $-1.46M | $-32.23M | $4.31M | $-19.20M | $114.83M | $104.24M | $-16.00M | $-57.17M | $-36.47M | $-21.99M | $-19.61M | $-18.15M | $-14.44M | $-10.77M | $-5.18M | $-7.33M |
| Depreciation & Amortization | $3.87M | $11.75M | $7.86M | $3.96M | $4.02M | $12.19M | $8.23M | $4.18M | $4.33M | $12.98M | $8.61M | $4.18M | $4.13M | $8.78M | $5.23M | $2.59M | $2.61M | $6.96M | $4.13M | $1.93M | $2.10M | $6.30M | $4.13M | $1.99M | $1.92M | $5.23M | $3.36M | $1.61M | $1.31M | $2.67M | - | $834.00K | $723.00K | $1.96M | $1.26M | $554.00K | $280.00K | $264.00K | $104.00K | $48.00K | $37.00K | $43.00K |
| Stock-based Compensation | $8.38M | $26.19M | $17.19M | $8.54M | $9.54M | $28.92M | $19.04M | $9.60M | $8.34M | $31.93M | $21.71M | $11.21M | $9.41M | $31.38M | $21.14M | $10.80M | $9.16M | $29.65M | $19.91M | $9.92M | $7.58M | $24.37M | $16.33M | $8.02M | $6.88M | $19.98M | $12.82M | $5.72M | $4.89M | $11.76M | - | $3.29M | $2.80M | $7.81M | $5.07M | $2.59M | $2.00M | $5.03M | $3.20M | $1.55M | $862.00K | $2.06M |
| Change in Receivables | $561.00K | $7.10M | $790.00K | $-1.57M | $-8.13M | $-1.57M | $-2.28M | $-9.18M | $-3.37M | $-566.00K | $-7.11M | $-9.49M | $-4.84M | $22.00K | $5.03M | $-5.69M | $-22.00M | $7.89M | $1.48M | $-1.62M | $-79.54M | $89.44M | $2.71M | $5.74M | $-2.08M | $10.70M | $1.42M | $-591.00K | $23.79M | $-6.99M | - | $51.41M | $-411.00K | $-150.00K | $-982.00K | $-803.00K | $386.00K | $-1.46M | $-1.35M | $-113.00K | $1.54M | $-200.00K |
| Operating Cash Flow | $-52.29M | $-71.67M | $-15.71M | $33.63M | $-31.62M | $-141.50M | $-100.95M | $-55.45M | $-40.76M | $-177.65M | $-128.24M | $-80.92M | $-39.37M | $-168.12M | $-117.66M | $-55.91M | $341.50M | $-107.36M | $-71.00M | $-41.13M | $39.47M | $-93.53M | $-57.07M | $-35.57M | $-25.51M | $-82.20M | $-53.05M | $-29.30M | $-4.14M | $108.79M | - | - | $-13.83M | - | - | - | - | - | - | - | - | - |
| Capital Expenditure | $508.00K | $1.91M | $1.42M | $1.02M | $1.08M | $1.36M | $1.03M | $557.00K | $1.13M | $8.83M | $7.39M | $4.82M | $5.47M | $25.25M | $20.20M | $10.97M | $14.61M | $69.56M | $50.86M | $31.02M | $12.89M | $13.98M | $7.91M | $4.63M | $1.03M | $10.69M | $8.01M | $2.46M | $4.89M | $8.39M | - | $2.34M | $2.10M | $5.06M | $4.61M | $2.93M | $4.43M | $3.71M | $1.49M | $416.00K | $128.00K | $394.00K |
| Purchases of Investments | $62.81M | $269.82M | $230.30M | $19.16M | $16.22M | $173.92M | $137.72M | $55.19M | $18.64M | $67.92M | $49.80M | - | $11.96M | $172.91M | $158.36M | $129.49M | $235.47M | $262.67M | $241.99M | $233.63M | $43.67M | $79.37M | $70.67M | $30.69M | $62.81M | $127.92M | $106.12M | $79.25M | $125.93M | $319.90M | - | $54.27M | $22.04M | $46.59M | $46.59M | $5.19M | $12.81M | $32.26M | $32.26M | $20.43M | $144.21M | $19.07M |
| Investing Cash Flow | $37.54M | $-53.41M | $-95.69M | $44.74M | $40.27M | $63.17M | $12.91M | $13.18M | $33.97M | $156.97M | $118.31M | $63.09M | $26.70M | $-38.63M | $-91.67M | $-90.59M | $-216.36M | $-190.28M | $-206.38M | $-214.18M | $11.57M | $111.19M | $77.19M | $32.71M | $14.15M | $79.41M | $27.13M | $5.46M | $-67.18M | $-212.18M | - | - | $-1.14M | - | - | - | - | - | - | - | - | - |
| Stock Issued | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $189.72M | - | - | - | $81.99M | $81.99M | $71.30M | - | - | - | - | - | - |
| Financing Cash Flow | $-9.58M | $126.36M | $133.44M | $-5.79M | $-7.74M | $100.42M | $111.28M | $120.72M | $-11.96M | $-23.00M | $-18.20M | $-9.04M | $-8.92M | $-19.92M | $-14.50M | $-6.83M | $-7.62M | $187.61M | $196.03M | $208.37M | $194.17M | $6.05M | $4.59M | $2.76M | $1.55M | $6.83M | $5.49M | $4.13M | $5.29M | $199.16M | - | - | $1.74M | - | - | - | - | - | - | - | - | - |
| Net Change in Cash | $-24.34M | $1.28M | $22.03M | $72.58M | $909.00K | $22.09M | $23.24M | $78.45M | $-18.75M | $-43.68M | $-28.13M | $-26.86M | $-21.59M | $-226.66M | $-223.84M | $-153.34M | $117.52M | $-110.04M | $-81.35M | $-46.94M | $245.21M | $23.71M | $24.71M | $-103.00K | $-9.80M | $4.03M | $-20.42M | $-19.71M | $-66.03M | $95.77M | - | - | $-13.23M | $35.04M | $32.81M | $57.20M | $-3.04M | $-26.01M | $-24.03M | $-18.61M | $-151.21M | $204.20M |
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 | |
| Total Revenue | $29.73M | $24.20M | $140.10M | $62.11M |
| Operating Expenses | $82.14M | $86.28M | $243.67M | $244.09M |
| Research & Development | $56.10M | $54.43M | $168.69M | $158.14M |
| Operating Income | $-52.41M | $-62.08M | $-103.56M | $-181.98M |
| Interest Expense | $13.17M | $820.00K | $32.73M | $3.24M |
| Other Income/Expense | $-9.53M | $2.48M | $-23.17M | $6.06M |
| Net Income | $-61.94M | $-59.60M | $-126.73M | $-175.92M |
| Basic EPS | -1.20 | -1.17 | -2.46 | -3.59 |
| Diluted EPS | -1.20 | -1.17 | -2.46 | -3.59 |
| Basic Shares Outstanding | $51.69M | $50.80M | $51.51M | $49.05M |
| Diluted Shares Outstanding | $51.69M | $50.80M | $51.51M | $49.05M |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $58.80M | $57.53M |
| Short-term Investments | $215.40M | $177.16M |
| Accounts Receivable | $25.35M | $20.47M |
| Other Current Assets | $19.47M | $13.77M |
| Total Current Assets | $331.97M | $278.00M |
| Property Plant & Equipment | $107.52M | $117.59M |
| Long-term Investments | $27.84M | $10.18M |
| Other Non-current Assets | $4.27M | $4.00M |
| Total Assets | $525.20M | $465.99M |
| Accounts Payable | $22.27M | $22.80M |
| Deferred Revenue | $13.20M | $115.00K |
| Total Current Liabilities | $124.57M | $103.19M |
| Other Non-current Liabilities | $648.00K | $3.63M |
| Total Liabilities | $363.75M | $206.34M |
| Common Stock | $5.00K | $5.00K |
| Retained Earnings | $-1.06B | $-932.15M |
| Total Stockholders Equity | $161.45M | $259.65M |
| Total Liabilities & Equity | $525.20M | $465.99M |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $-61.94M | $-59.60M | $-126.73M | $-175.92M |
| Depreciation & Amortization | - | - | $11.75M | $12.19M |
| Stock-based Compensation | - | - | $26.19M | $28.92M |
| Change in Receivables | - | - | $7.10M | $-1.57M |
| Operating Cash Flow | - | - | $-71.67M | $-141.50M |
| Capital Expenditure | - | - | $1.91M | $1.36M |
| Purchases of Investments | - | - | $269.82M | $173.92M |
| Investing Cash Flow | - | - | $-53.41M | $63.17M |
| Financing Cash Flow | - | - | $126.36M | $100.42M |
| Net Change in Cash | - | - | $1.28M | $22.09M |
All values are in USD (United States Dollars). Data is sourced from SEC EDGAR 10-Q filings.
Quarterly data represents single quarter results (Q1-Q4). Some items may show year-to-date values if quarterly breakdown is unavailable.