Revenue
2020
2021
2022
2023
2024
2025
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | $0 | $0 | $0 | — |
| Research & development | $25.2M | $20.0M | $38.8M | $16.5M | $8.5M | $3.1M | $776,256 |
| Operating expenses | $29.7M | $26.7M | $45.0M | $25.5M | $14.5M | $6.6M | $1.6M |
| Operating income | −$29.7M | −$26.7M | −$45.0M | −$25.5M | −$14.5M | −$6.6M | −$1.6M |
| EBITDA | −$29.7M | −$26.7M | −$45.0M | −$25.5M | — | — | — |
| Net income | −$28.9M | −$24.6M | −$56.2M | −$25.3M | −$14.5M | −$5.5M | −$990,980 |
| Basic EPSper basic share | -$1.40 | -$2.02 | -$6.23 | -$3.10 | -$1.90 | -$0.87 | -$3.51 |
| Diluted EPSper diluted share | -$1.40 | -$2.31 | -$6.23 | -$3.10 | -$1.90 | -$0.87 | -$3.51 |
Reported shareholders
| Holder | % owned |
|---|---|
Hoffman Michael B | ≈8.42%3.59M shares |
Empery Asset Management, LP | 5.64%2.4M shares |
MARSHALL WACE, LLP | 4.32%1.84M shares |
VANGUARD CAPITAL MANAGEMENT LLC | 3.87%1.65M shares |
TUDOR INVESTMENT CORP ET AL | 3.19%1.36M shares |
Maccecchini Maria-Luisa | ≈2.84%1.21M shares |
RENAISSANCE TECHNOLOGIES LLC | 2.35%1M shares |
TWO SIGMA INVESTMENTS, LP | 1.36%579.57K shares |
GEODE CAPITAL MANAGEMENT, LLC | 0.67%283.82K shares |
BlackRock, Inc. | 0.59%249.86K shares |
CITADEL ADVISORS LLC | 0.57%243.68K shares |
VANGUARD FIDUCIARY TRUST CO | 0.42%177.53K shares |
SUSQUEHANNA INTERNATIONAL GROUP, LLP | 0.34%146.8K shares |
Quadrature Capital Ltd | 0.21%90.88K shares |
STATE STREET CORP | 0.18%77.74K shares |
NORTHERN TRUST CORP | 0.16%68.07K shares |
First National Trust Co | 0.14%60K shares |
Sherry Group, Inc. | 0.13%57.27K shares |
GSA CAPITAL PARTNERS LLP | 0.12%49.9K shares |
Greenwich Wealth Management LLC | 0.11%48.4K shares |
Percentages use 42.61M shares of this listed class outstanding on Jun 30, 2026. ≈ compares the latest reported holding with a share total from a different date; it is not a confirmed current stake.
Gray completes the 100% scale. Reported positions may overlap; holders have different reporting dates.
| Transaction | Insider | Type | Shares | Price | Value | Owned after |
|---|---|---|---|---|---|---|
| May 20, 2026Form 4 | Hoffman Michael BDirector | BuyCommon Stock | 54.9K | $1.90 | $104.4K | 3.36M |
| May 20, 2026Form 4 | Hoffman Michael BDirector | BuyCommon Stock | 18.8K | $1.80 | $33.9K | 3.31M |
| May 20, 2026Form 4 | Hoffman Michael BDirector | BuyCommon Stock | 2.6K | $1.75 | $4.5K | 3.29M |
| Apr 2, 2026Form 4 | Hoffman Michael BDirector | BuyCommon Stock | 713.8K | $2.10 | $1.50M | 3.29M |
| Dec 8, 2025Form 4 | Hoffman Michael BDirector | BuyCommon Stock | 15.0K | $4.24 | $63.6K | 2.57M |