Revenue
2022
2023
2024
2025
| 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| Revenue | $89.1M | $65.4M | $45.2M | $25.9M |
| Gross profit | $78.3M | $56.8M | $38.2M | $21.5M |
| Gross margin | 87.89% | 86.72% | 84.38% | 82.91% |
| Research & development | $19.1M | $13.6M | $9.0M | $7.2M |
| Operating expenses | $136.7M | $96.5M | $68.2M | $57.5M |
| Operating income | −$58.4M | −$39.7M | −$30.0M | −$36.0M |
| Operating margin | −65.57% | −60.68% | −66.43% | −138.96% |
| EBITDA | −$57.1M | −$38.6M | −$29.2M | −$35.1M |
| EBITDA margin | −64.07% | −58.93% | −64.55% | −135.26% |
| Net income | −$53.4M | −$40.5M | −$29.5M | −$37.2M |
| Net profit margin | −59.97% | −61.82% | −65.15% | −143.37% |
| Basic EPSper basic share | -$1.46 | -$3.39 | -$5.56 | -$1.59 |
| Diluted EPSper diluted share | -$1.46 | -$3.39 | -$5.56 | -$1.59 |
Reported shareholders
| Holder | % owned |
|---|---|
FMR LLC | 14.89%5.69M shares |
TPG GP A, LLC | 9.84%3.76M shares |
Tammenoms Bakker Juliet | ≈6.54%2.5M shares |
RED TREE MANAGEMENT, LLC | 5.77%2.21M shares |
Parvizi Josef | ≈5.25%2.01M shares |
BlackRock, Inc. | 5.07%1.94M shares |
VANGUARD CAPITAL MANAGEMENT LLC | 2.96%1.13M shares |
KCM Capital Inc | 2.94%1.13M shares |
FEDERATED HERMES, INC. | 2.46%939.6K shares |
FRANKLIN RESOURCES INC | 2.40%918.35K shares |
ADAGE CAPITAL PARTNERS GP, L.L.C. | 2.35%900K shares |
Bank of New York Mellon Corp | 2.35%896.49K shares |
TimesSquare Capital Management, LLC | 2.04%780.55K shares |
MILLENNIUM MANAGEMENT LLC | 1.90%727.23K shares |
GEODE CAPITAL MANAGEMENT, LLC | 1.75%668.13K shares |
ROYCE & ASSOCIATES LP | 1.58%605.01K shares |
STATE STREET CORP | 1.43%547.04K shares |
SILVERCREST ASSET MANAGEMENT GROUP LLC | 1.23%468.81K shares |
MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | 1.02%389.68K shares |
Redmile Group, LLC | 1.01%386.79K shares |
Percentages use 38.22M 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 26, 2026Form 4 | COULTER JAMES G +2Other | SellCommon Stock · indirect | 202.4K | $20.12 | $4.07M | 3.77M |
| Jun 11, 2026Form 4 | Taylor Joseph MichaelDirector | SellCommon Stock | 5.5K | $18.41 | $101.3K | 61.6K |
| Jun 8, 2026Form 4 · 10b5-1 | Chao XingjuanPresident and CEO | SellCommon Stock | 23.6K | $18.33 | $431.7K | 816.3K |
| Jun 8, 2026Form 4 · 10b5-1 | Chao XingjuanPresident and CEO | SellCommon Stock | 1.4K | $18.33 | $26.5K | 816.3K |
| Jun 8, 2026Form 4 · 10b5-1 | Chao XingjuanPresident and CEO | SellCommon Stock | 14.0K | $18.33 | $256.6K | 816.3K |