Income statement
| Metric | TTM | 2026 | 2025 | 2024 | 2023 |
|---|---|---|---|---|---|
| Revenue | |||||
| Total Revenue | 207.5M | 1.7M | 440.4M | 179.4M | 46.6M |
| Cost of Revenue | 116.2M | 689.4K | 213.3M | 37.6M | 30.5M |
| Gross Profit | 91.3M | 1.0M | 227.1M | 141.8M | 16.1M |
| Operating Expenses | |||||
| R&D Expense | 20.9M | 156.3K | 43.3M | 76.1M | 108.8M |
| SG&A Expense | 223.7M | 19.1M | 428.2M | 440.1M | 295.7M |
| General & Admin Expense | — | — | 382.5M | 405.7M | 265.8M |
| Selling & Marketing Expense | — | — | 45.7M | 34.4M | 29.9M |
| Other Expenses | — | — | 1.5M | 7.1M | 228.9K |
| Total Operating Expenses | 244.6M | 19.3M | 473.0M | 523.3M | 404.5M |
| Cost and Expenses | 360.7M | 19.9M | 686.2M | 560.8M | 435.0M |
| Operating Income (EBIT) | (153.2M) | (18.2M) | (245.9M) | (381.5M) | (388.4M) |
| Non-Operating | |||||
| Interest Income | — | — | — | — | — |
| Interest Expense | 617.1K | 107.9K | 1.7M | 1.6M | 2.7M |
| Net Interest Income | (617.1K) | (107.9K) | (1.7M) | (1.6M) | (2.7M) |
| Other Non-Op Income/Expense | (4.1M) | (25.1K) | (10.8M) | 45.1M | (3.1M) |
| Non-Operating Income (excl Interest) | 3.5M | — | 9.1M | (46.7M) | 400.3K |
| EBT (Pre-Tax Income) | (157.3M) | (18.3M) | (256.7M) | (336.3M) | (391.5M) |
| Income Tax Expense | — | — | — | (188.5K) | (9.2M) |
| Bottom Line | |||||
| Net Income | (157.3M) | (18.3M) | (256.7M) | (336.2M) | (382.3M) |
| Earnings from Cont. Ops | (157.3M) | (18.3M) | (256.7M) | (336.2M) | (382.3M) |
| Earnings from Discont. Ops | — | — | — | — | — |
| Bottom Line Net Income | (157.3M) | (18.3M) | (256.7M) | (336.2M) | (382.3M) |
| Per Share | |||||
| Basic EPS | ($50.00) | ($3.80) | $0.00 | ($113.84) | ($125.60) |
| Diluted EPS | ($50.00) | ($3.80) | $0.00 | ($113.84) | ($125.60) |
| Revenue Per Share | $41.73 | $0.35 | $149.13 | $60.74 | $15.30 |
| Shares | |||||
| Basic Shares Outstanding | 5.0M | 4.8M | 3.0M | 3.0M | 3.0M |
| Diluted Shares Outstanding | 5.0M | 4.8M | 3.0M | 3.0M | 3.0M |
| Profitability Metrics | |||||
| EBITDA | (155.1M) | (18.1M) | (253.0M) | (333.7M) | (388.1M) |
| D&A | 1.6M | 160.5K | 2.0M | 1.1M | 778.6K |
| EBIT | (156.8M) | (18.2M) | (255.0M) | (334.7M) | (388.8M) |
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 Apr 1, 2026