7Baggers
Quarterly
Annual
    Unit: USD2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31 2020-12-31 2020-09-30 2020-06-30 2020-03-31 2019-12-31 2019-09-30 2019-06-30 2019-03-31 2018-12-31 2018-09-30 2018-06-30 2018-03-31 2017-12-31 2017-09-30 2017-06-30 2017-03-31 2016-12-31 2016-09-30 2016-06-30 2016-03-31 2015-12-31 2015-09-30 2015-06-30 2015-03-31 2014-12-31 2014-09-30 2014-06-30 
      
    		                                              
      revenue
    		73,017,000 78,024,000 78,723,000 123,088,000 117,340,000 117,770,000 94,501,000 84,219,000 60,755,000 48,158,000 45,586,000 59,611,000 36,706,000 45,640,000 38,407,000 31,475,000 30,380,000 31,670,000 28,097,000 23,018,000 24,195,000 24,641,000 28,419,000 46,505,000 35,425,000 29,533,000 27,912,000 35,679,000 23,937,000 21,671,000 23,074,000 36,362,000 27,198,000 25,069,000 23,002,000 27,639,000 29,560,000 27,718,000 32,821,000 37,384,000 31,539,000 30,096,000 23,500,000 27,984,000 25,437,000 26,615,000 
      yoy
    		-37.77% -33.75% -16.70% 46.15% 93.14% 144.55% 107.30% 41.28% 65.52% 5.52% 18.69% 89.39% 20.82% 44.11% 36.69% 36.74% 25.56% 28.53% -1.13% -50.50% -31.70% -16.56% 1.82% 30.34% 47.99% 36.28% 20.97% -1.88% -11.99% -13.55% 0.31% 31.56% -7.99% -9.56% -29.92% -26.07% -6.27% -7.90% 39.66% 33.59% 23.99% 13.08%     
      qoq
    		-6.42% -0.89% -36.04% 4.90% -0.37% 24.62% 12.21% 38.62% 26.16% 5.64% -23.53% 62.40% -19.57% 18.83% 22.02% 3.60% -4.07% 12.72% 22.07% -4.86% -1.81% -13.29% -38.89% 31.28% 19.95% 5.81% -21.77% 49.05% 10.46% -6.08% -36.54% 33.69% 8.49% 8.99% -16.78% -6.50% 6.65% -15.55% -12.21% 18.53% 4.79% 28.07% -16.02% 10.01% -4.43%  
      cost of revenue
    		52,218,000 52,708,000 55,911,000 75,955,000 68,297,000 66,192,000 59,358,000 54,601,000 46,945,000 39,751,000 40,500,000 45,277,000 43,065,000 46,851,000                                 
      gross profit
    		20,799,000 25,316,000 22,812,000 47,133,000 49,043,000 51,578,000 35,143,000 29,618,000 13,810,000 8,407,000 5,086,000 14,334,000 -6,359,000 -1,211,000 -1,788,000 -1,666,000 3,067,000 4,580,000 3,956,000 3,863,000 1,900,000 2,851,000 5,980,000 11,310,000 7,742,000 3,514,000 3,718,000 5,586,000 1,529,000 2,744,000 2,810,000 7,808,000 4,948,000 3,694,000 2,221,000 3,729,000 6,402,000 6,653,000 6,527,000 9,853,000 5,172,000 5,109,000 4,514,000 5,236,000 5,072,000 3,425,000 
      yoy
    		-57.59% -50.92% -35.09% 59.14% 255.13% 513.51% 590.98% 106.63% -317.17% -794.22% -384.45% -960.38% -307.34% -126.44% -145.20% -143.13% 61.42% 60.65% -33.85% -65.84% -75.46% -18.87% 60.84% 102.47% 406.34% 28.06% 32.31% -28.46% -69.10% -25.72% 26.52% 109.39% -22.71% -44.48% -65.97% -62.15% 23.78% 30.22% 44.59% 88.18% 1.97% 49.17%     
      qoq
    		-17.84% 10.98% -51.60% -3.89% -4.91% 46.77% 18.65% 114.47% 64.27% 65.30% -64.52% -325.41% 425.10% -32.27% 7.32% -154.32% -33.03% 15.77% 2.41% 103.32% -33.36% -52.32% -47.13% 46.09% 120.32% -5.49% -33.44% 265.34% -44.28% -2.35% -64.01% 57.80% 33.95% 66.32% -40.44% -41.75% -3.77% 1.93% -33.76% 90.51% 1.23% 13.18% -13.79% 3.23% 48.09%  
      gross margin %
    		28.49% 32.45% 28.98% 38.29% 41.80% 43.80% 37.19% 35.17% 22.73% 17.46% 11.16% 24.05% -17.32% -2.65% -4.66% -5.29% 10.10% 14.46% 14.08% 16.78% 7.85% 11.57% 21.04% 24.32% 21.85% 11.90% 13.32% 15.66% 6.39% 12.66% 12.18% 21.47% 18.19% 14.74% 9.66% 13.49% 21.66% 24.00% 19.89% 26.36% 16.40% 16.98% 19.21% 18.71% 19.94% 12.87% 
      operating expenses:
    		                                              
      research and development
    		2,494,000 3,794,000 4,333,000 4,405,000 4,591,000 4,565,000 4,489,000 4,075,000 4,218,000 3,964,000 4,099,000 4,197,000 4,694,000 4,447,000 3,592,000 3,313,000 3,077,000 2,609,000 2,442,000 2,293,000 2,088,000 2,121,000 2,227,000 2,565,000 2,046,000 1,868,000 1,928,000 1,692,000 1,384,000 1,638,000 1,605,000 1,427,000 1,468,000 1,709,000 1,576,000 1,382,000 1,328,000 1,286,000 1,310,000 1,252,000 1,146,000 1,551,000 1,304,000 1,519,000 1,258,000 1,920,000 
      sales and marketing
    		6,553,000 6,948,000 8,384,000 8,547,000 9,306,000 9,521,000 8,303,000 8,782,000 8,386,000 8,127,000 7,713,000 7,848,000 7,293,000 7,633,000 6,018,000 4,797,000 4,915,000 3,568,000 3,301,000 2,702,000 2,755,000 2,972,000 3,324,000 4,545,000 3,992,000 3,509,000 3,511,000 3,513,000 3,061,000 3,721,000 3,499,000 3,333,000 2,745,000 3,416,000 3,110,000 2,871,000 3,056,000 2,821,000 3,062,000 2,715,000 2,793,000 2,722,000 2,332,000 2,419,000 2,213,000 3,420,000 
      general and administrative
    		13,532,000 13,836,000 13,034,000 18,660,000 17,746,000 17,506,000 17,213,000 15,378,000 15,840,000 13,360,000 12,182,000 11,955,000 9,963,000 9,355,000 7,226,000 6,536,000 6,573,000 5,017,000 4,388,000 4,999,000 3,761,000 3,406,000 3,515,000 5,030,000 3,857,000 3,352,000 4,240,000 6,967,000 3,453,000 4,240,000 4,456,000 4,669,000 3,765,000 4,002,000 6,587,000 5,186,000 4,422,000 3,894,000 3,913,000 4,202,000 3,709,000 3,534,000 3,623,000 3,959,000 3,966,000 6,206,000 
      restructuring and demobilization costs
    		1,568,000 4,938,000 9,790,000                                            
      impairment of property, plant and equipment
    		 955,000 286,612,000                                            
      total operating expenses
    		24,147,000 30,471,000 322,153,000 32,420,000 31,643,000 31,592,000 32,707,000 28,235,000 28,444,000 25,451,000 23,994,000 24,000,000 21,950,000 21,435,000 16,836,000 14,646,000 14,565,000 11,194,000 10,131,000 9,994,000 8,604,000 8,499,000 9,066,000 12,140,000 9,895,000 8,729,000 9,679,000 19,528,000 7,898,000 9,599,000 9,560,000 9,429,000 7,978,000 9,127,000 11,273,000 9,439,000 8,806,000 8,001,000 8,285,000 8,169,000 7,648,000 7,807,000 7,259,000 7,897,000 7,437,000 11,546,000 
      income from operations
    		-3,348,000 -5,155,000 -299,341,000 14,713,000 17,400,000 19,986,000 2,436,000 1,383,000 -14,634,000 -17,044,000 -18,908,000 -9,666,000 -28,309,000 -22,646,000 -18,624,000 -16,312,000 -11,498,000 -6,614,000 -6,175,000 -6,131,000 -6,704,000 -5,648,000 -3,086,000 -830,000 -2,153,000 -5,215,000 -5,961,000 -13,942,000 -6,369,000 -6,855,000 -6,750,000 -1,621,000 -3,030,000 -5,433,000 -9,052,000 -5,710,000 -2,404,000 -1,348,000 -1,758,000 1,684,000 -2,476,000 -2,698,000 -2,745,000 -2,661,000 -2,365,000 -8,121,000 
      yoy
    		-119.24% -125.79% -12388.22% 963.85% -218.90% -217.26% -112.88% -114.31% -48.31% -24.74% 1.52% -40.74% 146.21% 242.39% 201.60% 166.06% 71.51% 17.10% 100.10% 638.67% 211.38% 8.30% -48.23% -94.05% -66.20% -23.92% -11.69% 760.09% 110.20% 26.17% -25.43% -71.61% 26.04% 303.04% 414.90% -439.07% -2.91% -50.04% -35.96% -163.28% 4.69% -66.78%     
      qoq
    		-35.05% -98.28% -2134.53% -15.44% -12.94% 720.44% 76.14% -109.45% -14.14% -9.86% 95.61% -65.86% 25.01% 21.60% 14.17% 41.87% 73.84% 7.11% 0.72% -8.55% 18.70% 83.02% 271.81% -61.45% -58.72% -12.51% -57.24% 118.90% -7.09% 1.56% 316.41% -46.50% -44.23% -39.98% 58.53% 137.52% 78.34% -23.32% -204.39% -168.01% -8.23% -1.71% 3.16% 12.52% -70.88%  
      operating margin %
    		-4.59% -6.61% -380.25% 11.95% 14.83% 16.97% 2.58% 1.64% -24.09% -35.39% -41.48% -16.22% -77.12% -49.62% -48.49% -51.83% -37.85% -20.88% -21.98% -26.64% -27.71% -22.92% -10.86% -1.78% -6.08% -17.66% -21.36% -39.08% -26.61% -31.63% -29.25% -4.46% -11.14% -21.67% -39.35% -20.66% -8.13% -4.86% -5.36% 4.50% -7.85% -8.96% -11.68% -9.51% -9.30% -30.51% 
      other income
    		581,000  1,130,000                                            
      interest expense, convertible note - related party
    		    -1,469,000 -3,043,000 -3,038,000 -2,904,000 -1,938,000 -211,000 -275,000 -1,007,000 -1,734,000 -1,550,000 -819,000                                
      interest expense
    		-2,973,000             146,000 -41,000 -41,000 -58,000 -55,000 -75,000 -58,000 -49,000 -50,000 -83,000 -126,000 -136,000 -103,000 -41,000 -166,000 -163,000 -103,000 -92,000 -62,000 -58,000 -39,000 -26,000 -32,000 -37,000 -39,000 -39,000 -46,000 -46,000 -45,000  -56,000 -47,000 -34,027,000 
      loss on extinguishment of debt
    		    -27,487,000                                          
      total other income
    		-2,392,000 -3,080,000 -832,000 -3,526,000 -30,103,000 -2,302,000 -3,515,000 -1,902,000 1,561,000 1,621,000 2,112,000 57,000 -1,286,000 -1,404,000 -860,000 -41,000 3,676,000               -62,000 -58,000   -32,000 -693,000       -56,000 -47,000 -34,027,000 
      income before income tax expense
    		-5,740,000 -8,235,000 -300,173,000 11,187,000 -12,703,000 17,684,000 -1,079,000                                        
      income tax expense
    		-594,000 -821,000 -1,076,000 175,000 -267,000 -866,000 -756,000                                        
      net income
    		-6,334,000 -9,056,000 -301,249,000 11,362,000 -12,970,000 16,818,000 -1,835,000 -519,000 -13,073,000 -15,423,000 -16,796,000 -9,609,000 -29,595,000 -24,050,000 -19,484,000 -16,353,000 -7,822,000 -6,669,000 -6,250,000 -6,189,000 -6,753,000 -5,698,000 -3,169,000 -956,000 -2,289,000 -5,318,000 -6,002,000 -14,108,000 -6,532,000 -6,958,000 -6,842,000 -1,683,000 -3,088,000 -5,472,000 -9,078,000 -5,742,000 -3,097,000 -1,387,000 -1,797,000 1,638,000 -2,522,000 -2,743,000 -2,790,000 -2,717,000 -2,412,000 -42,148,000 
      yoy
    		-51.16% -153.85% 16316.84% -2289.21% -0.79% -209.04% -89.07% -94.60% -55.83% -35.87% -13.80% -41.24% 278.36% 260.62% 211.74% 164.23% 15.83% 17.04% 97.22% 547.38% 195.02% 7.15% -47.20% -93.22% -64.96% -23.57% -12.28% 738.27% 111.53% 27.16% -24.63% -70.69% -0.29% 294.52% 405.18% -450.55% 22.80% -49.43% -35.59% -160.29% 4.56% -93.49%     
      qoq
    		-30.06% -96.99% -2751.37% -187.60% -177.12% -1016.51% 253.56% -96.03% -15.24% -8.17% 74.79% -67.53% 23.06% 23.43% 19.15% 109.06% 17.29% 6.70% 0.99% -8.35% 18.52% 79.80% 231.49% -58.24% -56.96% -11.40% -57.46% 115.98% -6.12% 1.70% 306.54% -45.50% -43.57% -39.72% 58.10% 85.41% 123.29% -22.82% -209.71% -164.95% -8.06% -1.68% 2.69% 12.65% -94.28%  
      net income margin %
    		-8.67% -11.61% -382.67% 9.23% -11.05% 14.28% -1.94% -0.62% -21.52% -32.03% -36.84% -16.12% -80.63% -52.70% -50.73% -51.96% -25.75% -21.06% -22.24% -26.89% -27.91% -23.12% -11.15% -2.06% -6.46% -18.01% -21.50% -39.54% -27.29% -32.11% -29.65% -4.63% -11.35% -21.83% -39.47% -20.77% -10.48% -5.00% -5.48% 4.38% -8.00% -9.11% -11.87% -9.71% -9.48% -158.36% 
      net income per share
    		                                              
      basic
    		-0.08 -0.11  0.14 -0.17 0.22                              -0.068 -0.13 -0.06 -0.08        
      diluted
    		-0.08 -0.11  0.14 -0.17 0.21                              -0.068 -0.13 -0.06 -0.08        
      weighted-average common shares outstanding:
    		                                              
      basic
    		82,399,599 82,179,136  77,535,121 76,261,294 76,336,811                                  22,986,931,000    12,349,456,000 22,997,060 3,035,717 
      diluted
    		82,399,599 82,179,136  80,306,690 76,261,294 78,981,383                                  22,986,931,000    12,349,456,000 22,997,060 3,035,717 
      interest income
    		 -3,080,000 -1,962,000 -3,526,000 -1,147,000 741,000 -477,000 1,002,000 1,313,000 1,832,000 2,387,000 1,064,000 448,000                              -45,000    
      net income per share
    		                                              
      basic and diluted
    		  -3.67    -0.02 -0.01 -0.19 -0.22 -0.24 -0.07 -0.75 -0.68 -0.59 -0.52 -0.24 -0.23 -0.22 -0.23 -0.25 -0.21 -0.13 -0.03 -0.09 -0.22 -0.25 -0.59 -0.27 -0.29 -0.29 -0.07 -0.13 -0.23 -0.39            
      weighted-average common shares outstanding:
    		                                              
      basic and diluted
    		  82,065,676    75,762,893 69,439,034 69,317,805 69,249,281 69,162,739 39,363,114 39,533,695 35,207,975 32,940,040 30,433,154 32,523,405 28,501,044 27,983,470 26,377,652 26,728,205 26,521,861 25,194,292 24,099,438 24,171,811 24,118,620 23,930,613 23,738,852 23,808,703 23,743,358 23,567,019 23,390,235 23,442,241 23,369,179 23,257,541 23,139,807 23,168,251 23,111,127 23,063,471  23,060,456 22,999,988 22,992,273    
      impairment of equipment under development
    		   808,000   2,702,000                                        
      income from employee retention credits
    		        2,186,000                                      
      gain on extinguishment of debt
    		                3,734,000                              
      revenue:
    		                                              
      product
    		              38,330,000 31,303,000 30,263,000 31,490,000 28,056,000 23,062,000 23,939,000 24,526,000 28,307,000 46,195,000 35,046,000 28,908,000 26,785,000 35,145,000 23,342,000 21,115,000 22,521,000 35,890,000 26,812,000 24,562,000 22,326,000 27,204,000 28,877,000 27,123,000 32,286,000 36,641,000 30,926,000 29,755,000 23,211,000 27,284,000 24,589,000 25,893,000 
      research services
    		              77,000 172,000 117,000 180,000 41,000 -44,000 256,000 115,000 112,000 310,000 379,000 625,000 1,127,000 534,000 595,000 556,000 553,000 472,000 386,000 507,000 676,000 435,000 683,000 595,000 535,000 743,000 613,000 341,000 289,000 700,000 848,000 722,000 
      cost of revenue:
    		                                              
      total interest expense
    		                 -55,000 -75,000 -58,000 -49,000 -50,000 -83,000 -126,000 -136,000 -103,000 -41,000 -89,500 -163,000 -103,000 -92,000   -39,000 -26,000   -39,000 -39,000 -34,000 -46,000 -45,000     
      postponed financing costs
    		                                   -164,000 -656,000          
      net income attributable to common stockholders
    		                                       1,638,000 -2,522,000 -2,743,000 -2,790,000 -2,717,000 -2,412,000 -42,148,000 
      net income attributable to common stockholders per share:
    		                                              
      basic
    		                                       -279.65 -0.11 -0.12 -0.12 -5,362.74 -0.1 -13.88 
      diluted
    		                                       -279.65 -0.11 -0.12 -0.12 -5,362.74 -0.1 -13.88 
      total interest income
    		                                          -45,000    
      other income:
    		                                              
      gain on extinguishment of convertible notes
    		                                              
      loss on exchange of convertible notes
    		                                              
      costs associated with postponed public offering
    		                                              
    The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.