Revenue
2010
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 | 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $103.5M | $124.0M | $140.6M | $61.1M | $20.9M | $6.2M | $2.8M | $2.7M | $120,905 | $3.3M | $4.0M | $2.8M | $466,403 | $258,064 | $62,289 | $0 |
| Gross profit | $25.5M | $37.6M | $40.2M | $14.8M | $2.8M | $1.5M | $392,000 | $902,490 | $1.0M | $512,341 | $1.1M | −$2.8M | −$2.8M | $58,972 | $242 | $0 |
| Gross margin | 24.64% | 30.35% | 28.60% | 24.21% | 13.57% | 24.35% | 14.21% | 33.60% | 864.87% | 15.40% | 27.69% | −101.83% | −604.69% | 22.85% | 0.39% | — |
| Operating expenses | $109.6M | $240.8M | $239.8M | $104.7M | $58.5M | $19.3M | $10.9M | $12.5M | $8.5M | $7.7M | $12.4M | $21.6M | $17.2M | $5.2M | $4.1M | $8.9M |
| Operating income | −$84.1M | −$203.2M | −$199.6M | −$89.9M | −$55.7M | −$17.8M | −$10.5M | −$11.6M | −$7.4M | −$7.2M | −$11.3M | −$24.5M | −$20.0M | −$5.2M | −$4.1M | −$8.9M |
| Operating margin | −81.24% | −163.82% | −141.94% | −146.99% | −265.85% | −285.89% | −379.56% | −432.27% | −6,139.90% | −216.86% | −286.01% | −877.23% | −4,298.73% | −2,006.05% | −6,564.25% | — |
| EBITDA | −$79.2M | −$196.4M | −$194.7M | −$84.4M | −$53.8M | −$17.4M | −$10.3M | −$11.3M | −$7.0M | −$6.4M | −$10.4M | −$21.8M | −$17.5M | −$4.9M | −$4.0M | −$8.9M |
| EBITDA margin | −76.53% | −158.30% | −138.47% | −138.11% | −256.76% | −279.83% | −372.78% | −421.82% | −5,801.39% | −191.26% | −262.64% | −780.52% | −3,752.65% | −1,902.01% | −6,350.13% | — |
| Net income | −$83.4M | −$201.3M | −$203.7M | −$91.6M | −$55.1M | −$17.8M | −$9.6M | −$3.4M | −$75.4M | −$7.7M | −$8.6M | −$22.7M | −$24.1M | −$5.3M | −$1.1M | −$5.7M |
| Net profit margin | −80.55% | −162.30% | −144.88% | −149.76% | −263.22% | −286.41% | −349.73% | −127.36% | −62,332.82% | −231.48% | −218.17% | −813.07% | −5,175.20% | −2,049.73% | −1,830.30% | — |
| Basic EPSper basic share | -$0.76 | -$2.00 | -$3.21 | -$1.94 | -$1.32 | -$0.59 | -$0.37 | -$1.30 | -$25.95 | -$3.17 | -$6.00 | -$14.50 | -$24.50 | -$6.50 | -$2.50 | -$173.50 |
| Diluted EPSper diluted share | -$0.76 | -$2.00 | -$3.21 | -$1.94 | -$1.32 | -$0.59 | -$0.37 | -$1.30 | -$25.95 | -$3.17 | -$6.00 | -$14.50 | -$24.50 | -$6.50 | -$2.50 | -$173.50 |
Reported shareholders
| Holder | % owned |
|---|---|
VANGUARD CAPITAL MANAGEMENT LLC | 3.40%4.89M shares |
GEODE CAPITAL MANAGEMENT, LLC | 1.11%1.6M shares |
BlackRock, Inc. | 1.01%1.45M shares |
JANE STREET GROUP, LLC | 0.94%1.35M shares |
VANGUARD FIDUCIARY TRUST CO | 0.58%829.97K shares |
General Motors Holdings LLC | 0.53%761.18K shares |
STIFEL FINANCIAL CORP | 0.53%759.97K shares |
STATE STREET CORP | 0.45%647.01K shares |
UBS Group AG | 0.44%637.03K shares |
RENAISSANCE TECHNOLOGIES LLC | 0.42%597.58K shares |
Battaglia Michael C. | ≈0.34%487.44K shares |
SUSQUEHANNA INTERNATIONAL GROUP, LLP | 0.33%471.41K shares |
HRT FINANCIAL LP | 0.30%433.63K shares |
XTX Topco Ltd | 0.30%428.04K shares |
LEVINE JACK | ≈0.28%400.84K shares |
Bhade Harjinder | ≈0.24%350.5K shares |
NORTHERN TRUST CORP | 0.22%319.32K shares |
Jones Brendan Sean | ≈0.22%313.13K shares |
van Montfrans Ritsaart J.M. | ≈0.19%266.64K shares |
Bercovich Michael | ≈0.16%230.52K shares |
Percentages use 143.78M 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 12, 2025Form 4 | Bercovich MichaelChief Financial Officer | BuyCommon Stock, par value $0.001 per share | 32.0K | $0.79 | $25.3K | 188.6K |
| Dec 12, 2025Form 4 | Bercovich MichaelChief Financial Officer | BuyCommon Stock, par value $0.001 per share | 33.3K | $0.75 | $25.0K | 156.6K |
| Dec 12, 2025Form 4 | Battaglia Michael C.President and CEO | BuyCommon Stock, par value $0.001 per share | 33.3K | $0.75 | $25.0K | 267.1K |
| Sep 5, 2025Form 4 | LEVINE JACKDirector | BuyCommon Stock, par value $0.001 per share · indirect | 21.0K | $1.03 | $21.6K | 193.9K |
| Sep 5, 2025Form 4 | Bercovich MichaelChief Financial Officer | BuyCommon Stock, par value $0.001 per share | 6.0K | $1.02 | $6.1K | 123.2K |