Revenue
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $65,000 | $135,000 | $550,000 | $382,000 | $400,000 | $62,000 | $533,000 | $246,000 | $110,000 | $0 | — |
| Gross profit | −$256,000 | $12,000 | $522,000 | $301,000 | $400,000 | $49,000 | $280,000 | $98,000 | $71,000 | $0 | — |
| Gross margin | −393.85% | 8.89% | 94.91% | 78.80% | 100.00% | 79.03% | 52.53% | 39.84% | 64.55% | — | — |
| Research & development | $12.3M | $11.0M | $12.5M | $10.0M | $8.8M | $8.4M | $7.7M | $7.3M | $5.8M | $4.0M | $2.0M |
| Operating expenses | $20.9M | $19.3M | $21.2M | $17.8M | $15.9M | $15.0M | $13.9M | $13.2M | $13.3M | $10.0M | $5.5M |
| Operating income | −$21.1M | −$19.3M | −$20.7M | −$17.5M | −$15.5M | −$14.9M | −$13.6M | −$13.1M | −$13.2M | −$10.0M | −$5.5M |
| Operating margin | −32,496.92% | −14,322.96% | −3,759.45% | −4,587.96% | −3,882.25% | −24,064.52% | −2,556.29% | −5,338.62% | −12,009.09% | — | — |
| EBITDA | −$21.1M | −$19.3M | −$20.6M | −$17.4M | −$15.5M | −$14.9M | −$13.6M | −$13.1M | −$13.2M | −$10.0M | −$5.5M |
| EBITDA margin | −32,423.08% | −14,282.96% | −3,745.45% | −4,567.80% | −3,865.50% | −23,998.39% | −2,548.03% | −5,325.20% | −11,991.82% | — | — |
| Net income | −$20.2M | −$18.4M | −$19.8M | −$17.4M | −$15.7M | −$14.9M | −$13.3M | −$12.9M | −$13.1M | −$12.6M | −$9.5M |
| Net profit margin | −31,036.92% | −13,655.56% | −3,598.18% | −4,565.71% | −3,928.50% | −23,996.77% | −2,495.31% | −5,242.68% | −11,880.00% | — | — |
| Basic EPSper basic share | -$0.65 | -$0.68 | -$0.80 | -$0.75 | -$0.70 | -$0.79 | -$0.84 | -$1.02 | -$1.11 | -$2.22 | -$7.55 |
| Diluted EPSper diluted share | -$0.65 | -$0.68 | -$0.80 | -$0.75 | -$0.70 | -$0.79 | -$0.84 | -$1.02 | -$1.11 | -$2.22 | -$7.55 |
Reported shareholders
| Holder | % owned |
|---|---|
BlackRock, Inc. | 7.66%2.99M shares |
D. E. Shaw & Co., Inc. | 4.84%1.89M shares |
VANGUARD CAPITAL MANAGEMENT LLC | 4.27%1.66M shares |
AVENIR CORP | 3.76%1.47M shares |
Baird Financial Group, Inc. | 3.44%1.34M shares |
UBS Group AG | 3.41%1.33M shares |
GEODE CAPITAL MANAGEMENT, LLC | 2.54%990.37K shares |
JANE STREET GROUP, LLC | 2.08%809.99K shares |
Quantum Private Wealth, LLC | 1.91%743.9K shares |
STATE STREET CORP | 1.84%717.86K shares |
TWO SIGMA INVESTMENTS, LP | 1.71%667.67K shares |
HOLLENCREST CAPITAL MANAGEMENT | 1.47%573.27K shares |
VANGUARD PORTFOLIO MANAGEMENT LLC | 1.42%554.45K shares |
Gerber John | ≈1.37%534.86K shares |
NORTHERN TRUST CORP | 0.95%370.6K shares |
Connor, Clark & Lunn Investment Management Ltd. | 0.90%352.21K shares |
Defender Capital, LLC. | 0.76%295.45K shares |
Mears Robert J | ≈0.71%275.38K shares |
VANGUARD FIDUCIARY TRUST CO | 0.70%274.96K shares |
MORGAN STANLEY | 0.70%274.39K shares |
Percentages use 39.02M 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 |
|---|---|---|---|---|---|---|
| Jun 15, 2026Form 4 · 10b5-1 | Mears Robert JChief Technology Officer | SellCommon Stock | 8.2K | $9.46 | $77.4K | 272.7K |
| Jun 15, 2026Form 4 | Laurencio FrancisCFO | SellCommon Stock | 12.5K | $9.44 | $118.0K | 253.4K |
| Jun 15, 2026Form 4 | Laurencio FrancisCFO | SellCommon Stock | 6.4K | $9.44 | $60.4K | 253.4K |
| Jun 15, 2026Form 4 | Laurencio FrancisCFO | SellCommon Stock | 1.5K | $9.44 | $14.2K | 253.4K |
| Jun 15, 2026Form 4 | BIBAUD SCOTT A.CEO and President | SellCommon Stock | 50.0K | $9.37 | $468.5K | 695.8K |