Revenue
2020
2021
2022
2023
2024
2025
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $106.6M | $102.1M | $94.5M | $65.3M | $34.1M | $21.1M | — | — |
| Research & development | $433,000 | $1.3M | $643,000 | $739,000 | $112,000 | $255,000 | — | — |
| Operating expenses | $118.2M | $118.9M | $116.7M | $116.1M | — | $3.1M | $264,346 | $2,177 |
| Operating income | −$46.9M | −$44.3M | −$56.0M | −$86.5M | −$120.1M | −$41.4M | −$264,346 | −$2,177 |
| Operating margin | −44.01% | −43.38% | −59.24% | −132.44% | −352.48% | −195.86% | — | — |
| EBITDA | −$16.6M | −$752,000 | −$12.5M | −$50.9M | −$105.8M | −$31.6M | — | — |
| EBITDA margin | −15.54% | −0.74% | −13.28% | −77.87% | −310.51% | −149.48% | — | — |
| Net income | −$70.3M | −$57.2M | −$53.9M | −$74.2M | −$245.6M | −$19.5M | −$7.2M | −$2,177 |
| Net profit margin | −65.93% | −56.04% | −57.00% | −113.50% | −720.68% | −92.43% | — | — |
| Basic EPSper basic share | -$2.09 | -$2.67 | -$3.18 | -$5.04 | -$27.12 | -$4.80 | -$7.84 | $0.00 |
| Diluted EPSper diluted share | -$2.09 | -$2.67 | -$3.18 | -$5.04 | -$27.12 | -$4.80 | -$7.84 | $0.00 |
Reported shareholders
| Holder | % owned |
|---|---|
BlackRock, Inc. | 7.62%3.09M shares |
Tema ETFs LLC | 3.56%1.45M shares |
Tidal Investments LLC | 3.46%1.41M shares |
VANGUARD CAPITAL MANAGEMENT LLC | 3.41%1.39M shares |
AWM Investment Company, Inc. | 2.95%1.2M shares |
O'Toole Brian E | ≈2.81%1.14M shares |
Driehaus Capital Management LLC | 2.54%1.03M shares |
VAN ECK ASSOCIATES CORP | 2.52%1.02M shares |
STATE STREET CORP | 2.36%957.58K shares |
MORGAN STANLEY | 2.32%941.87K shares |
Cercano Management LLC | 2.30%932.98K shares |
MILLENNIUM MANAGEMENT LLC | 2.25%914.01K shares |
JANE STREET GROUP, LLC | 2.06%836.87K shares |
GEODE CAPITAL MANAGEMENT, LLC | 2.01%817.24K shares |
Porteous William D. | 1.97%798.47K shares |
BANK OF AMERICA CORP /DE/ | 1.80%730.14K shares |
Bank of New York Mellon Corp | 1.62%657.61K shares |
RAYMOND JAMES FINANCIAL INC | 1.55%627.89K shares |
Daiwa Securities Group Inc. | 1.31%534.2K shares |
HRT FINANCIAL LP | 1.29%523.11K shares |
Percentages use 40.63M 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 10, 2026Form 4 | O'Toole Brian ECEO and President | SellClass A Common Stock | 15.5K | $34.10 | $529.0K | 1.14M |
| Jun 10, 2026Form 4 | Dubois Henry EdwardChief Financial Officer | SellClass A Common Stock | 14.7K | $34.10 | $502.9K | 502.2K |
| Jun 10, 2026Form 4 | Lin Christiana LGeneral Counsel & CAO | SellClass A Common Stock | 12.0K | $34.10 | $409.2K | 440.7K |
| Dec 12, 2025Form 4 | Ward TracySVP & Controller | SellClass A Common Stock | 700 | $19.27 | $13.5K | 43.7K |
| Dec 12, 2025Form 4 | Lin Christiana LGeneral Counsel & CAO | SellClass A Common Stock | 10.4K | $19.27 | $200.2K | 393.6K |