Here reported net income of -$4.95M for the quarter ended Mar 2026. This income statement covers 18 quarters of results from Dec 2021 through Mar 2026, standardized by Business Quant from the company’s SEC filings.
| Income Statement | Dec2021 | Mar2022 | Jun2022 | Sep2022 | Dec2022 | Mar2023 | Jun2023 | Sep2023 | Dec2023 | Mar2024 | Jun2024 | Sep2024 | Dec2024 | Mar2025 | Jun2025 | Sep2025 | Dec2025 | Mar2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue & cost | ||||||||||||||||||
| Revenue | 125.75M | 108.86M | 95.39M | 96.40M | 114.02M | 117.54M | 114.23M | 119.12M | 138.11M | 130.96M | 137.62M | 115.48M | 99.55M | 78.64M | 86.25M | 17.86M | ||
| Cost of RevenueCost of Rev | 15.78M | 18.00M | 16.31M | 10.97M | 14.39M | 14.71M | 16.02M | 16.20M | 20.43M | 20.20M | 19.44M | 19.16M | 16.78M | 13.31M | 20.97M | 10.50M | ||
| Gross Profit | 109.97M | 90.86M | 79.08M | 85.43M | 99.63M | 102.83M | 98.22M | 102.92M | 117.68M | 110.76M | 118.18M | 96.32M | 82.77M | 65.34M | 65.28M | 7.36M | 7.86M | 8.24M |
| Operating items | ||||||||||||||||||
| Research & DevelopmentR&D | -104.82M | -77.62M | -80.59M | -84.97M | -90.31M | -91.94M | -79.02M | -85.00M | -92.55M | -101.05M | -79.82M | -73.39M | -55.76M | -54.46M | -41.05M | -3.88M | -1.30M | -1.37M |
| Selling, General & AdministrativeSG&A | -6.03M | -5.54M | -9.50M | -6.49M | -6.46M | -7.03M | -5.24M | -5.86M | -4.94M | -5.04M | 1.90M | -4.36M | -4.18M | -3.45M | -4.04M | -5.36M | -4.47M | -4.88M |
| Other Operating ExpensesOther Opex | -5.28M | -7.45M | -20.11M | -7.65M | -9.04M | -7.25M | -7.39M | -6.00M | -5.70M | -5.43M | -7.79M | -3.92M | -3.95M | -2.87M | 38.49M | -3.85M | -7.45M | -8.33M |
| Operating ExpensesOpex | -116.13M | -90.62M | -110.20M | -99.10M | -106.09M | -106.19M | -91.66M | -96.86M | -103.27M | -111.47M | -85.71M | -81.75M | -63.83M | -60.79M | -6.61M | -11.46M | -13.33M | -14.62M |
| Operating IncomeOp. Inc | -13.22M | 0.24M | -31.12M | -13.68M | -6.46M | -3.36M | 6.56M | 6.06M | 14.41M | -0.71M | 32.47M | 14.57M | 18.94M | 4.55M | 17.23M | -4.09M | -5.46M | -6.37M |
| EBIT | -13.22M | 0.24M | -31.12M | -13.68M | -6.26M | -3.38M | 6.56M | 6.06M | 14.21M | -0.72M | 32.47M | 14.27M | 19.24M | 4.54M | 17.23M | -4.07M | -5.39M | -6.35M |
| Non-operating items | ||||||||||||||||||
| Non Operating Investment IncomeNon-Op. Investment Inc. | 1.12M | -2.24M | ||||||||||||||||
| Interest & Investment IncomeInt & Inv Inc | 0.01M | 0.02M | 0.03M | 0.03M | 0.10M | 0.26M | 0.37M | 0.47M | 0.34M | 0.35M | 0.30M | 0.28M | 0.17M | 0.12M | 0.13M | 0.12M | 0.52M | 0.49M |
| Net income details | ||||||||||||||||||
| EBT | -12.27M | 1.29M | -30.26M | -12.71M | -5.85M | -2.34M | 7.78M | 8.21M | 15.07M | 0.70M | 33.70M | 16.23M | 19.97M | 7.91M | 21.28M | -3.45M | -3.57M | -5.05M |
| Tax ProvisionsTaxes | -1.36M | -1.27M | -0.32M | -1.52M | -0.15M | -0.96M | -0.51M | 0.93M | 0.09M | 1.32M | -6.64M | -4.74M | -2.60M | -2.24M | -6.20M | -0.16M | -0.07M | 0.10M |
| Profit After TaxPAT | -12.19M | 0.02M | -30.22M | -14.22M | -6.00M | -3.30M | 9.43M | 9.14M | 15.16M | 2.03M | 27.07M | 11.50M | 18.05M | 5.63M | 15.10M | 41.12M | -0.02 | -4.95M |
| Income from Non-Controlling InterestsInc. Minority | 4.92M | 3.87M | 0.36M | 0.31M | 9.16M | 0.50M | -0.67M | -0.28M | -0.53M | 0.06M | 0.01M | -0.51M | 0.71M | -0.04M | 0.30M | -0.15M | -1.33M | -1.62M |
| Income from Continuing OperationsIncome (Continuing) | -10.91M | 2.56M | -29.94M | -11.19M | -5.53M | -1.39M | 8.29M | 7.29M | 14.77M | -0.63M | 40.34M | 20.53M | 22.93M | 10.14M | 27.48M | -3.27M | -3.45M | -5.14M |
| Income from Discontinued OperationsIncome (Discontinued) | 17.94M | 44.73M | ||||||||||||||||
| Consolidated Net IncomeConsol Net Inc. | -10.91M | 2.56M | -29.94M | -11.19M | -5.53M | -1.39M | 8.29M | 7.29M | 14.77M | -0.63M | 40.34M | 20.53M | 22.93M | 10.14M | 45.42M | -3.27M | -3.45M | -5.14M |
| Income towards Parent CompanyParent Net Inc | -10.91M | 2.56M | -29.94M | -11.19M | -5.53M | -1.39M | 8.29M | 12.99M | 14.77M | -0.63M | 40.34M | 12.53M | 22.93M | 10.14M | 45.42M | -3.27M | -3.45M | -5.14M |
| Preferred Dividend PaymentsPref Dividends | -0.96M | -0.96M | -0.65M | |||||||||||||||
| Net Income towards Common StockholdersNet Income | -8.97M | -0.94M | -31.69M | -15.61M | -7.46M | -3.72M | 7.28M | 36.55M | 50.80M | 51.00M | 27.05M | 11.50M | 90.94M | 97.94M | 15.38M | 40.96M | -3.81M | -4.95M |
| Additional items | ||||||||||||||||||
| EPS (Basic) | -0.65 | -0.07 | -1.93 | -0.95 | -0.45 | -0.23 | 0.21 | 1.05 | 1.47 | 1.47 | 0.49 | 0.21 | 1.65 | 1.78 | 0.29 | 0.76 | -0.07 | -0.09 |
| EPS (Diluted) | -0.65 | -0.07 | -1.93 | -0.95 | -0.45 | -0.23 | 0.21 | 1.05 | 1.47 | 1.47 | 0.48 | 0.20 | 1.60 | 1.73 | 0.28 | 0.74 | -0.07 | -0.09 |
| Shares Outstanding | 13.74M | 13.74M | 16.42M | 16.42M | 16.42M | 16.42M | 34.65M | 34.65M | 34.65M | 34.65M | 55.00M | 55.00M | 55.00M | 55.00M | 53.76M | 53.76M | 53.76M | 53.76M |
| Shares Outstanding (Diluted)Shares Outstanding (Dil.) | 13.74M | 13.74M | 16.42M | 16.42M | 16.42M | 16.42M | 34.65M | 34.65M | 34.65M | 34.65M | 56.68M | 56.68M | 56.68M | 56.68M | 55.07M | 55.07M | 55.07M | 55.07M |
| Shares Outstanding (Entity)Shares Outstanding (Entity.) | 16.62M | 55.21M | 55.00M | 53.76M | ||||||||||||||
| EBITDA | -13.22M | 0.24M | -31.12M | -13.68M | -6.26M | -3.38M | 6.56M | 6.06M | 14.21M | -0.72M | 32.47M | 14.27M | 19.24M | 4.54M | 17.23M | -4.07M | -5.39M | -6.35M |
| Tax Rate | 11.07% | -98.61% | 1.07% | 11.94% | 2.56% | 40.92% | -6.56% | 11.26% | 0.60% | 188.60% | -19.71% | -29.17% | -13.03% | -28.35% | -29.15% | 4.75% | 1.82% | -2.08% |