$2.48
−4.98%Income statement
| Metric | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | |||||
| Total Revenue | 3.8M | 1.1M | 2.1M | 3.1M | 299.0K |
| Cost of Revenue | 2.1M | 1.5M | 2.1M | 855.0K | 26.0K |
| Gross Profit | 1.7M | (413.0K) | 33.0K | 2.2M | 273.0K |
| Operating Expenses | |||||
| R&D Expense | 13.5M | 9.2M | 9.8M | 34.4M | 41.7M |
| SG&A Expense | 20.2M | 16.0M | 19.9M | 36.1M | 49.8M |
| General & Admin Expense | 10.6M | — | — | — | — |
| Selling & Marketing Expense | — | — | — | — | — |
| Other Expenses | — | 1.7M | — | — | — |
| Total Operating Expenses | 33.6M | 26.8M | 29.7M | 70.4M | 91.5M |
| Cost and Expenses | 35.8M | 28.4M | 31.8M | 71.3M | 91.6M |
| Operating Income (EBIT) | (31.9M) | (27.3M) | (29.7M) | (68.2M) | (91.3M) |
| Non-Operating | |||||
| Interest Income | 473.0K | 57.0K | 25.0K | 1.2M | 522.0K |
| Interest Expense | 1.4M | 677.0K | 395.0K | 2.3M | 5.3M |
| Net Interest Income | (971.0K) | (620.0K) | (370.0K) | (1.1M) | (4.7M) |
| Other Non-Op Income/Expense | (3.7M) | (3.2M) | (5.3M) | (748.0K) | (4.2M) |
| Non-Operating Income (excl Interest) | 2.2M | 2.5M | 4.9M | (1.6M) | (1.1M) |
| EBT (Pre-Tax Income) | (35.6M) | (30.5M) | (34.9M) | (68.9M) | (95.4M) |
| Income Tax Expense | — | — | — | — | — |
| Bottom Line | |||||
| Net Income | (35.6M) | (30.6M) | (34.9M) | (68.9M) | (95.4M) |
| Earnings from Cont. Ops | (35.6M) | (30.5M) | (34.9M) | (68.9M) | (95.4M) |
| Earnings from Discont. Ops | — | — | — | — | — |
| Bottom Line Net Income | (35.7M) | (30.6M) | (34.9M) | (68.9M) | (95.4M) |
| Per Share | |||||
| Basic EPS | ($19.05) | ($49.10) | ($39.44) | ($23.13) | ($58.52) |
| Diluted EPS | ($19.05) | ($49.10) | ($39.44) | ($23.13) | ($58.52) |
| Revenue Per Share | $0.32 | $1.78 | $2.38 | $3.52 | $0.62 |
| Shares | |||||
| Basic Shares Outstanding | 11.9M | 622937 | 886606 | 876425 | 479686 |
| Diluted Shares Outstanding | 11.9M | 622937 | 886606 | 876425 | 479686 |
| Profitability Metrics | |||||
| EBITDA | (32.5M) | (28.3M) | (32.5M) | (64.6M) | (87.9M) |
| D&A | 1.6M | 1.5M | 2.0M | 2.0M | 2.3M |
| EBIT | (34.2M) | (29.8M) | (34.6M) | (66.6M) | (90.2M) |
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