$0.08
−5.98%Income statement
| Metric | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | |||||
| Total Revenue | 87.8M | 48.5M | 46.5M | 19.8M | 2.8M |
| Cost of Revenue | 37.4M | 21.8M | 19.3M | 14.3M | 7.4M |
| Gross Profit | 50.4M | 26.8M | 27.2M | 5.5M | (4.6M) |
| Operating Expenses | |||||
| R&D Expense | 8.2M | 4.4M | 3.1M | 2.0M | 796.0K |
| SG&A Expense | 108.4M | 62.3M | 60.9M | 27.9M | 6.8M |
| General & Admin Expense | 35.6M | 13.2M | 60.9M | 27.9M | 6.8M |
| Selling & Marketing Expense | 72.8M | 49.1M | — | — | — |
| Other Expenses | 5.5M | 3.7M | 1.9M | 1.2M | 1.0M |
| Total Operating Expenses | 122.1M | 70.4M | 65.9M | 31.1M | 8.6M |
| Cost and Expenses | 159.5M | 92.1M | 85.1M | 45.5M | 16.0M |
| Operating Income (EBIT) | (71.7M) | (43.6M) | (38.6M) | (25.6M) | (13.2M) |
| Non-Operating | |||||
| Interest Income | — | — | — | — | — |
| Interest Expense | 4.8M | 2.2M | 3.1M | 1.5M | 63.3K |
| Net Interest Income | (4.8M) | (2.2M) | (3.1M) | (1.5M) | (63.3K) |
| Other Non-Op Income/Expense | (7.3M) | (2.6M) | (13.9M) | (7.1M) | (3.9M) |
| Non-Operating Income (excl Interest) | 1.1M | 442.3K | — | — | — |
| EBT (Pre-Tax Income) | (79.0M) | (46.2M) | (52.6M) | (32.8M) | (17.1M) |
| Income Tax Expense | (814.5K) | — | (1.9M) | (402.2K) | (554.0K) |
| Bottom Line | |||||
| Net Income | (78.2M) | (46.2M) | (50.7M) | (32.4M) | (16.6M) |
| Earnings from Cont. Ops | (78.2M) | (46.2M) | (50.7M) | (32.4M) | (16.6M) |
| Earnings from Discont. Ops | — | — | — | — | — |
| Bottom Line Net Income | (78.2M) | (46.2M) | (50.7M) | (32.4M) | (16.6M) |
| Per Share | |||||
| Basic EPS | ($9.26) | $0.00 | ($2.09) | ($1.69) | ($1.06) |
| Diluted EPS | ($9.26) | $0.00 | ($2.09) | ($1.69) | ($1.06) |
| Revenue Per Share | $1.58 | — | $1.91 | $1.03 | $0.18 |
| Shares | |||||
| Basic Shares Outstanding | 55.4M | — | 24.3M | 19.2M | 15.7M |
| Diluted Shares Outstanding | 55.4M | — | 24.3M | 19.2M | 15.7M |
| Profitability Metrics | |||||
| EBITDA | (67.7M) | (41.3M) | (36.8M) | (24.4M) | (12.2M) |
| D&A | 5.1M | 2.7M | 1.9M | 1.2M | 1.0M |
| EBIT | (72.8M) | (44.0M) | (38.6M) | (25.6M) | (13.2M) |
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