Revenue
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $255,023 | $398,137 | $986,655 | $303,837 | $1.4M | $1.7M | $1.5M | $308,129 | $898,084 | $1.1M | $20,150 | $15,900 |
| Gross profit | −$35,252 | $10,201 | $59,659 | $22,720 | $297,159 | $283,780 | $118,231 | $170,232 | $171,832 | $255,419 | $9,450 | $10,900 |
| Gross margin | −13.82% | 2.56% | 6.05% | 7.48% | 21.14% | 16.90% | 8.10% | 55.25% | 19.13% | 22.77% | 46.90% | 68.55% |
| Research & development | $919,965 | $1.4M | $1.3M | $1.1M | $220,469 | $256,636 | $255,232 | $221,510 | $208,238 | $201,899 | — | — |
| Operating expenses | $4.9M | $6.2M | $5.0M | $5.2M | $3.3M | $4.4M | $3.4M | $1.8M | $692,362 | $722,449 | $93,791 | $31,406 |
| Operating income | −$4.9M | −$6.2M | −$5.0M | −$5.2M | −$3.0M | −$2.7M | −$3.3M | −$1.6M | −$520,530 | −$467,030 | −$84,341 | −$20,506 |
| Operating margin | −1,918.75% | −1,557.32% | −501.88% | −1,713.30% | −214.65% | −161.05% | −228.05% | −513.98% | −57.96% | −41.63% | −418.57% | −128.97% |
| EBITDA | −$4.9M | −$6.1M | −$4.8M | −$5.0M | −$2.9M | −$2.5M | −$3.2M | −$1.6M | −$518,348 | −$465,900 | — | — |
| EBITDA margin | −1,909.42% | −1,538.83% | −484.85% | −1,658.58% | −203.11% | −151.38% | −217.05% | −504.90% | −57.72% | −41.52% | — | — |
| Net income | −$4.8M | −$3.2M | −$4.7M | −$4.9M | −$3.2M | −$2.5M | −$3.2M | −$2.0M | −$626,361 | −$467,434 | −$84,341 | −$20,506 |
| Net profit margin | −1,877.39% | −803.78% | −478.20% | −1,621.57% | −229.19% | −151.11% | −217.45% | −657.08% | −69.74% | −41.66% | −418.57% | −128.97% |
| Basic EPSper basic share | -$28.28 | -$19.08 | -$31.20 | -$32.00 | -$32.00 | -$24.00 | -$32.00 | -$20.00 | -$8.00 | -$4.00 | -$4.00 | -$4.00 |
| Diluted EPSper diluted share | -$28.28 | -$19.08 | -$31.20 | -$32.00 | -$32.00 | -$24.00 | -$32.00 | -$20.00 | -$8.00 | -$4.00 | -$4.00 | -$4.00 |
Reported shareholders
Reported holdings Number of shares
| Holder | Shares held |
|---|---|
WANG DESHENG | 2.27M |
Lee Edward Shihai | 1.4M |
Bars compare reported share counts. A matching total for this share class and reporting period is unavailable, so percentages are not shown.
| Transaction | Insider | Type | Shares | Price | Value | Owned after |
|---|---|---|---|---|---|---|
| Oct 20, 2025Form 4 | Lee Edward ShihaiDirector,TenPercentOwner | BuySeries A Convertible Preferred Stock · derivative | 500.0K | $4.00 | $2.00M | 500.0K |
| Aug 15, 2025Form 4 | WANG DESHENGCEO and Director | BuyCommon Stock | 1.0K | $2.20 | $2.2K | 2.27M |
| Aug 15, 2025Form 4 | WANG DESHENGCEO and Director | BuyCommon Stock | 1.0K | $2.20 | $2.2K | 2.27M |
| Aug 15, 2025Form 4 | WANG DESHENGCEO and Director | BuyCommon Stock | 1.0K | $2.22 | $2.2K | 2.27M |
| Aug 15, 2025Form 4 | WANG DESHENGCEO and Director | BuyCommon Stock | 1.0K | $2.18 | $2.2K | 2.27M |