Revenue
2022
2023
2024
2025
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | $249,040 | — | — |
| Gross profit | — | — | $0 | $48,911 | $0 | — |
| Gross margin | — | — | — | 19.64% | — | — |
| Research & development | $3.0M | $3.5M | $5.7M | $4.2M | $1.1M | $527,253 |
| Operating expenses | $7.0M | $7.2M | $10.3M | $9.4M | $3.2M | $1.2M |
| Operating income | −$7.0M | −$7.2M | −$10.3M | −$9.3M | −$3.2M | −$1.2M |
| Operating margin | — | — | — | −3,741.48% | — | — |
| EBITDA | −$6.9M | −$7.1M | −$9.7M | −$9.2M | −$3.1M | −$1.0M |
| EBITDA margin | — | — | — | −3,678.60% | — | — |
| Net income | −$6.8M | −$7.7M | −$10.0M | −$9.3M | −$3.5M | −$1.2M |
| Net profit margin | — | — | — | −3,733.11% | — | — |
| Basic EPSper basic share | -$15.25 | -$456.75 | -$14,528.00 | -$14,752.00 | -$13,120.00 | -$11,840.00 |
| Diluted EPSper diluted share | -$15.25 | -$456.75 | -$14,528.00 | -$14,752.00 | -$13,120.00 | -$11,840.00 |
Reported shareholders
| Holder | % owned |
|---|---|
ARMISTICE CAPITAL, LLC | 6.60%131K shares |
HEIGHTS CAPITAL MANAGEMENT, INC | 1.78%35.4K shares |
BOOTHBAY FUND MANAGEMENT, LLC | 1.37%27.13K shares |
Dey Indranil | ≈0.64%12.65K shares |
Dey Svetlana | ≈0.64%12.63K shares |
Wurth Douglas Clark | ≈0.64%12.61K shares |
CHASE DONALD R | ≈0.63%12.53K shares |
ZEIDMAN FRED S | ≈0.63%12.5K shares |
BANK OF AMERICA CORP /DE/ | 0.52%10.34K shares |
VANGUARD FIDUCIARY TRUST CO | 0.52%10.23K shares |
Tower Research Capital LLC (TRC) | 0.10%1.91K shares |
L1 Global Manager Pty Ltd | <0.01%120 shares |
Caitong International Asset Management Co., Ltd | <0.01%1 shares |
Percentages use 1.98M 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 |
|---|---|---|---|---|---|---|
| Mar 14, 2026Form 4 | Wurth Douglas ClarkDirector | BuyCommon Stock | 12.5K | $2.00 | $25.0K | 12.6K |
| Mar 14, 2026Form 4 | Dey IndranilPresident and CEO | BuyCommon Stock | 12.5K | $2.00 | $25.0K | 12.5K |
| Mar 14, 2026Form 4 | CHASE DONALD RDirector | BuyCommon Stock | 12.5K | $2.00 | $25.0K | 12.5K |
| Mar 14, 2026Form 4 | ZEIDMAN FRED SDirector | BuyCommon Stock | 12.5K | $2.00 | $25.0K | 12.5K |
| Mar 14, 2026Form 4 | Dey SvetlanaDirector | BuyCommon Stock | 12.5K | $2.00 | $25.0K | 12.5K |