Revenue
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.0M | $1.7M | $750,000 | $869,000 | $334,000 | $488,000 | $127,000 | $86,000 | $2.3M | $2.7M | $513,000 | $16.4M | $24.0M | $26.1M | $20.1M |
| Gross profit | $475,000 | $751,000 | $306,000 | $192,000 | $36,000 | $39,000 | $37,000 | $50,000 | $1.0M | $339,000 | $89,000 | $130,000 | $8.3M | $7.3M | $6.5M |
| Gross margin | 45.28% | 45.13% | 40.80% | 22.09% | 10.78% | 7.99% | 29.13% | 58.14% | 44.46% | 12.69% | 17.35% | 0.79% | 34.64% | 28.11% | 32.17% |
| Research & development | $8.1M | $6.8M | $5.6M | $2.8M | $2.7M | $3.4M | $3.6M | $6.1M | $5.6M | $6.5M | $3.2M | $2.5M | $2.1M | $2.6M | $3.8M |
| Operating expenses | $15.2M | $14.0M | $11.4M | $8.8M | $7.9M | $8.2M | $8.5M | $13.4M | $13.1M | $14.2M | $16.2M | $10.6M | $8.9M | $9.6M | $12.2M |
| Operating income | −$14.7M | −$13.3M | −$11.1M | −$8.6M | −$7.9M | −$8.1M | −$8.4M | −$13.3M | −$12.1M | −$13.8M | −$16.1M | −$10.5M | −$559,000 | −$2.3M | −$5.8M |
| Operating margin | −1,404.58% | −798.08% | −1,474.67% | −989.07% | −2,368.26% | −1,662.70% | −6,627.56% | −15,508.14% | −518.04% | −518.08% | −3,140.55% | −63.84% | −2.33% | −8.76% | −28.56% |
| EBITDA | −$13.8M | −$12.5M | −$10.7M | −$8.4M | −$7.7M | −$7.6M | −$8.1M | −$12.6M | −$11.3M | −$13.2M | −$15.8M | −$10.2M | $1.6M | −$47,000 | −$3.4M |
| EBITDA margin | −1,312.87% | −754.15% | −1,425.87% | −961.91% | −2,307.49% | −1,553.48% | −6,416.54% | −14,637.21% | −487.50% | −495.62% | −3,082.07% | −61.97% | 6.48% | −0.18% | −17.07% |
| Net income | −$13.8M | −$11.7M | −$9.6M | −$8.3M | −$7.6M | −$8.3M | −$7.5M | −$13.3M | −$11.6M | −$13.1M | $10.8M | −$5.0M | −$185,000 | −$2.7M | −$5.0M |
| Net profit margin | −1,320.31% | −701.08% | −1,285.60% | −958.57% | −2,276.35% | −1,703.07% | −5,932.28% | −15,408.14% | −497.51% | −490.27% | 2,100.97% | −30.20% | −0.77% | −10.38% | −24.73% |
| Basic EPSper basic share | -$8.32 | -$7.12 | -$5.95 | -$5.24 | -$10.50 | -$39.30 | -$45.90 | -$97.80 | -$85.20 | -$96.00 | $78.00 | $37.50 | $1.50 | -$22.50 | -$42.00 |
| Diluted EPSper diluted share | -$8.32 | -$7.12 | -$5.95 | -$5.10 | -$10.50 | -$39.30 | -$45.90 | -$97.80 | -$85.20 | -$96.00 | $78.00 | $37.50 | $1.50 | -$22.50 | -$42.00 |
Reported shareholders
| Holder | % owned |
|---|---|
Pickens Thomas Boone III | ≈9.07%181.39K shares |
JANE STREET GROUP, LLC | 2.74%54.8K shares |
Wilkinson Tom | ≈1.49%29.87K shares |
J. Safra Sarasin Holding AG | 1.37%27.3K shares |
Wilkinson Thomas Wiley | ≈1.19%23.86K shares |
VANGUARD CAPITAL MANAGEMENT LLC | 1.12%22.36K shares |
BlackRock, Inc. | 1.01%20.19K shares |
MCFARLAND ROBERT N | ≈1.00%19.91K shares |
Stober Eric | ≈0.82%16.34K shares |
GEODE CAPITAL MANAGEMENT, LLC | 0.78%15.53K shares |
STATE STREET CORP | 0.55%11.07K shares |
SCS Capital Management LLC | 0.55%11K shares |
Winn Charles Arch | ≈0.50%9.9K shares |
Halinski John William | ≈0.45%9.01K shares |
VANGUARD FIDUCIARY TRUST CO | 0.40%7.96K shares |
Canas Jennifer | ≈0.26%5.25K shares |
JONES FINANCIAL COMPANIES LLLP | 0.04%886 shares |
Tower Research Capital LLC (TRC) | 0.03%667 shares |
MORGAN STANLEY | <0.01%77 shares |
UBS Group AG | <0.01%64 shares |
Percentages use 2M 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 |
|---|---|---|---|---|---|---|
| Oct 3, 2025Form 4 | Leonard Braden MichaelTenPercentOwner | SellCommon Stock | 9.2K | $5.83 | $53.4K | 0 |
| Oct 3, 2025Form 4 | Leonard Braden MichaelTenPercentOwner | SellCommon Stock · indirect | 220.4K | $7.13 | $1.57M | 0 |