Revenue
2022
2023
2024
2025
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Revenue | $38.6M | $1.6M | $0 | $3.8M | — |
| Gross profit | $6.2M | $975,000 | $200,000 | $806,000 | — |
| Gross margin | 16.03% | 62.74% | — | 20.98% | — |
| Research & development | $42.5M | $25.1M | $18.1M | $24.3M | — |
| Operating expenses | $110.0M | $48.6M | $3.0M | $1.3M | $66,791 |
| Operating income | −$103.8M | −$47.6M | −$3.4M | −$1.5M | −$66,791 |
| Operating margin | −268.80% | −3,065.32% | — | −39.68% | — |
| EBITDA | −$90.6M | −$46.5M | −$3.4M | −$44.3M | — |
| EBITDA margin | −234.53% | −2,994.34% | — | −1,153.58% | — |
| Net income | −$206.9M | −$61.2M | $1.3M | $1.7M | −$65,892 |
| Net profit margin | −535.58% | −3,937.90% | — | 43.57% | — |
| Basic EPSper basic share | -$1.98 | -$3.50 | $0.01 | -$1.05 | — |
| Diluted EPSper diluted share | -$1.98 | -$3.50 | $0.01 | -$1.05 | — |
Reported shareholders
| Holder | % owned |
|---|---|
Bess Ventures & Advisory, LLC | ≈9.56%13.65M shares |
Bess Lane | ≈8.99%12.84M shares |
Ava Investors SA / Mahieu Raphaelle / Ava Private Markets S.a r.l. | ≈8.22%11.74M shares |
BlackRock, Inc. | 5.17%7.39M shares |
VANGUARD CAPITAL MANAGEMENT LLC | 3.26%4.65M shares |
GEODE CAPITAL MANAGEMENT, LLC | 1.50%2.14M shares |
LAZARD ASSET MANAGEMENT LLC | 1.39%1.99M shares |
UBS Group AG | 1.27%1.81M shares |
MARSHALL WACE, LLP | 1.13%1.61M shares |
STATE STREET CORP | 1.10%1.57M shares |
AQR CAPITAL MANAGEMENT LLC | 1.05%1.5M shares |
CITADEL ADVISORS LLC | 0.87%1.25M shares |
Nuveen, LLC | 0.67%954.56K shares |
MORGAN STANLEY | 0.66%940.79K shares |
CANTOR FITZGERALD, L. P. | 0.64%919.38K shares |
Temasek Holdings (Private) Ltd | 0.60%857.22K shares |
MILLENNIUM MANAGEMENT LLC | 0.57%817.91K shares |
NORTHERN TRUST CORP | 0.54%773.38K shares |
Themes Management Co LLC | 0.53%762.16K shares |
CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 0.50%720.62K shares |
Percentages use 142.78M 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 |
|---|---|---|---|---|---|---|
| Jun 8, 2026Form 4 · 10b5-1 | Cannestra AnthonyDirector | SellCommon Stock | 50.0K | $1.68 | $84.0K | 0 |
| Jun 1, 2026Form 4 · 10b5-1 | Sehmi HarminderChief Financial Officer | SellCommon Stock | 40.6K | $1.82 | $73.9K | 300.4K |
| May 11, 2026Form 4 · 10b5-1 | Cannestra AnthonyDirector | SellCommon Stock | 50.0K | $1.85 | $92.5K | 0 |
| May 1, 2026Form 4 · 10b5-1 | Sehmi HarminderChief Financial Officer | SellCommon Stock | 40.6K | $1.97 | $80.0K | 341.0K |
| Apr 20, 2026Form 4 · 10b5-1 | Sehmi HarminderChief Financial Officer | SellCommon Stock | 123.5K | $2.28 | $281.5K | 381.6K |