Income statement waterfall. Green diagonal stripes add to the running result, red diagonal stripes subtract from it, and a thin axis line marks the loss-zone boundary.
- Revenue: $879.13M. Running result $879.13M. Revenue: $879.13M.
- Cost of revenue: −$286.29M. Running result $592.84M.
- Gross profit: $592.84M. Running result $592.84M.
- Selling expenses (including share-based compensation expenses of RMB8,603, RMB9,267 and RMB5,748 for the years ended December 31, 2023, 2024 and 2025,respectively): −$470.41M. Running result $122.43M.
- Research and development expenses (including share-based compensation expenses of RMB17,012,RMB8,942 and RMB7,795 for the years ended December 31, 2023, 2024 and 2025, respectively): −$89.67M. Running result $32.76M.
- General and administrative expenses (including share-based compensation expenses of RMB19,779,RMB28,005 and RMB20,034 for the years ended December 31, 2023, 2024 and 2025, respectively): −$104.73M. Running result −$71.96M.
- Operating income: −$71.96M. Running result −$71.96M.
- Other income: $25.14M. Running result −$46.83M.
- Pre-tax loss: −$46.83M. Running result −$46.83M.
- Income tax benefit: $587.97K. Running result −$46.24M.
- Net loss: −$46.24M. Running result −$46.24M.