| 2021 | 2022 | 2023 | 2024 | 2025 | TTM | ||
|---|---|---|---|---|---|---|---|
Revenue | |||||||
Total revenue | 16,028,182 | 13,927,746 | 27,883,821 | 44,019,015 | 90,427,611 | 97,232,287 | |
COGS | 25,283,958 | 26,974,525 | 41,594,732 | 69,296,654 | 128,888,540 | 146,961,618 | |
Gross Profit | (9,255,776) | (13,046,779) | (13,710,911) | (25,277,639) | (38,460,929) | (49,729,331) | |
Operating Expenses & Income | |||||||
Operating Income | (27,067,401) | (44,556,247) | (41,970,653) | (55,399,158) | (71,609,773) | (82,411,218) | |
Total Operating Expenses | 17,811,625 | 31,509,468 | 28,259,742 | 30,121,519 | 33,148,843 | 32,681,886 | |
R&D Expenses | 9,255,376 | 19,939,898 | 14,516,962 | 10,025,329 | 9,899,177 | 10,419,013 | |
Selling General & Admin Expenses | 2,424,560 | 4,119,443 | 5,611,548 | 8,892,429 | 14,288,829 | 13,150,398 | |
Earnings from Continuing Operations | |||||||
Interest Expense | (3,442,117) | (6,527,870) | (12,073,433) | (15,661,165) | (22,314,539) | (22,379,341) | |
Interest Income | 440,284 | 83,585 | 82,672 | 621,345 | 546,398 | 625,597 | |
Income Tax Expense | 209,237 | 1,062,335 | 76,925 | (29,695) | 372,571 | 344,192 | |
Net Income | |||||||
Net Income | (32,183,727) | (52,887,812) | (60,168,126) | (77,265,364) | (97,041,887) | (107,430,058) | |
Supplemental | |||||||
EBIT | (23,062,453) | (43,751,824) | (41,358,192) | (54,061,772) | (74,558,624) | (84,936,414) | |
EBITDA | (18,171,081) | (37,362,069) | (34,376,273) | (44,185,295) | (63,063,929) | (73,234,934) | |
