| Metric | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| Net revenues | $45.9M-44.9% | $83.3M+4.8% | $79.5M+109.4% | $37.9M |
| Cost of revenues (exclusive of amortization of intangible assets included below) | $31.7M-42.4% | $55.0M+13.6% | $48.4M+86.2% | $26.0M |
| Research and development | $49.8M-34.4% | $76.0M+10.4% | $68.8M+36.8% | $50.3M |
| Selling, general and administrative | $35.2M-44.0% | $62.9M+2.1% | $61.6M-21.4% | $78.4M |
| Amortization of intangible assets | $18.9M+0.1% | $18.9M+0.6% | $18.8M+172.2% | $6.9M |
| Restructuring and impairment expense | $18.0M+1375.8% | $1.2M | $0 | — |
| Total operating expenses | $122.0M-23.3% | $159.0M+6.6% | $149.2M+10.0% | $135.6M |
| Loss from operations | -$107.8M+17.5% | -$130.7M-10.6% | -$118.1M+4.5% | -$123.6M |
| Interest income (expense) | $863K+675.3% | -$150K-111.4% | $1.3M-5.3% | $1.4M |
| Dividend income | $3.5M-32.4% | $5.2M+29.1% | $4.1M | — |
| (Loss) Gain from change in fair value of earnout liabilities | -$12.4M-133.9% | $36.6M+208.5% | -$33.8M-127.8% | $121.7M |
| Other income, net | $6K-94.1% | $102K+21.4% | $84K+107.3% | -$1.1M |
| Total other income (expense), net | -$8.0M-119.2% | $41.8M+247.6% | -$28.3M-116.3% | $173.7M |
| Loss before income taxes | -$115.8M-30.3% | -$88.8M+39.3% | -$146.5M | — |
| Income tax provision (benefit) | $50K+114.6% | -$342K+33.8% | -$517K+97.7% | -$22.8M |
| Equity method investment (loss) gain | -$1.1M-128.7% | $3.9M | $0 | — |
| Net loss | -$117.0M-38.2% | -$84.6M+42.0% | -$146.0M-300.2% | $72.9M |
| Basic loss per share attributable to common stockholders (in dollars per share) | -$570.00-23.9% | -$460.00+46.5% | -$860.00-256.4% | $550.00 |
| Diluted loss per share attributable to common stockholders (in dollars per share) | -$570.00-23.9% | -$460.00+46.5% | -$860.00-268.6% | $510.00 |
| Basic common shares (in shares) | 205.6M+12.7% | 182.5M+8.0% | 168.9M+26.4% | 133.7M |
| Diluted common shares (in shares) | 205.6M+12.7% | 182.5M+8.0% | 168.9M+15.9% | 145.7M |
Source: SEC EDGAR XBRL. % change vs prior period shown where available.
Source: SEC EDGAR 10-K and 10-Q filings. Up to 10 years annual / 16 quarters shown.