Revenue
2022
2023
2024
2025
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Revenue | $122.8M | $98.6M | $66.7M | $46.4M | — |
| Gross profit | $51.7M | $41.1M | $25.4M | $12.5M | — |
| Gross margin | 42.08% | 41.72% | 38.03% | 26.95% | — |
| Research & development | — | — | — | — | $365,627 |
| Operating expenses | $36.3M | $35.8M | $82.9M | $35.1M | — |
| Operating income | $15.4M | $5.3M | −$57.5M | −$22.6M | — |
| Operating margin | 12.54% | 5.39% | −86.19% | −48.78% | — |
| EBITDA | $42.7M | $22.8M | −$46.4M | −$13.5M | — |
| EBITDA margin | 34.73% | 23.09% | −69.57% | −29.18% | — |
| Net income | $4.1M | −$15.6M | −$77.4M | −$42.1M | — |
| Net profit margin | 3.37% | −15.79% | −115.97% | −90.81% | — |
| Basic EPSper basic share | -$0.42 | -$0.81 | $0.19 | -$8.20 | — |
| Diluted EPSper diluted share | -$0.42 | -$0.81 | -$1.00 | -$8.20 | — |
Reported shareholders
| Holder | % owned |
|---|---|
Blackstone Inc. | 16.40%9.62M shares |
FIRST MANHATTAN CO. LLC. | 10.26%6.02M shares |
Muchmore James J | ≈4.69%2.75M shares |
Cerity Partners LLC | 4.17%2.45M shares |
Davis Samuel Carl | ≈3.42%2.01M shares |
KELTER JEFFREY E | ≈3.26%1.92M shares |
VANGUARD CAPITAL MANAGEMENT LLC | 2.08%1.22M shares |
SAVAGE ROBERT F JR | ≈1.96%1.15M shares |
MARSHALL WACE, LLP | 1.48%868.37K shares |
Hayes Anne | ≈1.17%684.94K shares |
Andrews Adolphus William | ≈0.81%476.17K shares |
Drohan Dan | ≈0.81%473.48K shares |
Gerratt Eric L | ≈0.77%451.79K shares |
Mogford Justin D | ≈0.77%451.43K shares |
Heller Dean | ≈0.74%432.62K shares |
FASCITELLI ELIZABETH C | ≈0.58%339.2K shares |
GEODE CAPITAL MANAGEMENT, LLC | 0.56%326.31K shares |
Pathstone Holdings, LLC | 0.50%296.19K shares |
BlackRock, Inc. | 0.50%291.47K shares |
BRIDGEWAY CAPITAL MANAGEMENT, LLC | 0.44%255.58K shares |
Percentages use 58.7M 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 |
|---|---|---|---|---|---|---|
| Dec 3, 2025Form 4 | KELTER JEFFREY EDirector | BuyCommon Stock · indirect | 100.0K | $1.80 | $180.0K | 627.8K |
| Dec 3, 2025Form 4 | KELTER JEFFREY EDirector | BuyCommon Stock · indirect | 100.0K | $1.80 | $180.0K | 302.0K |
| Dec 3, 2025Form 4 | KELTER JEFFREY EDirector | BuyCommon Stock | 100.0K | $1.80 | $180.0K | 728.2K |
| Sep 18, 2024Form 4 | Muchmore James JChief Legal Officer & EVP | SellCommon Stock | 18.9K | $2.70 | $51.0K | 820.4K |
| Sep 18, 2024Form 4 | Gerratt Eric LChief Financial Officer | SellCommon Stock | 8.8K | $2.69 | $23.7K | 469.5K |