Revenue
2020
2021
2022
2023
2024
2025
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|
| Revenue | $200,000 | $342,000 | $654,000 | $473,000 | $723,000 | $206,000 | — |
| Gross profit | $157,000 | $272,000 | $533,000 | $447,000 | $434,000 | — | — |
| Gross margin | 78.50% | 79.53% | 81.50% | 94.50% | 60.03% | — | — |
| Research & development | $14.0M | $20.1M | $26.7M | $31.9M | $28.4M | $15.2M | $9.6M |
| Operating expenses | $23.3M | $33.4M | $41.2M | $48.9M | $50.7M | $20.4M | $16.3M |
| Operating income | −$23.1M | −$33.1M | −$40.5M | −$48.4M | −$50.0M | −$20.2M | −$16.3M |
| Operating margin | −11,541.50% | −9,676.32% | −6,198.78% | −10,234.46% | −6,912.59% | −9,812.62% | — |
| EBITDA | −$21.6M | −$31.4M | −$38.7M | −$47.3M | −$48.9M | −$19.1M | −$15.3M |
| EBITDA margin | −10,794.00% | −9,175.15% | −5,920.95% | −10,001.69% | −6,769.16% | −9,260.19% | — |
| Net income | −$26.2M | −$39.4M | −$49.5M | −$29.9M | −$9.7M | −$19.3M | −$16.2M |
| Net profit margin | −13,086.50% | −11,520.47% | −7,569.42% | −6,325.16% | −1,347.16% | −9,357.77% | — |
| Basic EPSper basic share | -$2.65 | -$5.67 | -$9.43 | -$9.20 | -$3.20 | -$22.00 | -$18.60 |
| Diluted EPSper diluted share | -$2.65 | -$5.67 | -$9.43 | -$9.20 | -$3.20 | -$22.00 | -$18.60 |
Reported shareholders
| Holder | % owned |
|---|---|
Empery Asset Management, LP | 7.17%916.53K shares |
General Resonance LLC | ≈5.51%704.59K shares |
SCOGGIN MANAGEMENT LP | 4.70%600K shares |
Mosca Alison | ≈3.96%505.8K shares |
MATLIN DAVID J | ≈3.74%477.82K shares |
Boxer Capital Management, LLC | 3.74%477.52K shares |
Ensign Peak Advisors, Inc | 2.72%348.06K shares |
VANGUARD CAPITAL MANAGEMENT LLC | 2.61%333.71K shares |
Ugwumba Chidozie | ≈0.81%103.42K shares |
GEODE CAPITAL MANAGEMENT, LLC | 0.80%102.22K shares |
BlackRock, Inc. | 0.48%61.56K shares |
VANGUARD FIDUCIARY TRUST CO | 0.45%57.77K shares |
Lunt Capital Management, Inc. | 0.41%52.26K shares |
Etherington Robert Dee | ≈0.33%42.04K shares |
PARSONS CAPITAL MANAGEMENT INC/RI | 0.29%37.24K shares |
PEAK6 LLC | 0.23%30.01K shares |
STATE STREET CORP | 0.23%29.8K shares |
Mortenson Mark | —28.95K shares |
MORGAN STANLEY | 0.16%19.86K shares |
NORTHERN TRUST CORP | 0.15%19.72K shares |
Percentages use 12.78M 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 |
|---|---|---|---|---|---|---|
| May 12, 2026Form 4 | Ugwumba ChidozieTenPercentOwner | SellCommon Stock · indirect | 73.3K | $6.20 | $454.4K | 103.4K |
| May 11, 2026Form 4 | Ugwumba ChidozieTenPercentOwner | SellCommon Stock · indirect | 22.2K | $6.75 | $149.7K | 176.7K |
| May 4, 2026Form 4 | Ugwumba ChidozieTenPercentOwner | SellCommon Stock · indirect | 72.9K | $6.80 | $495.6K | 198.9K |
| May 1, 2026Form 4 | Ugwumba ChidozieTenPercentOwner | SellCommon Stock · indirect | 5.8K | $6.01 | $34.8K | 271.8K |
| Apr 30, 2026Form 4 | Ugwumba ChidozieTenPercentOwner | SellCommon Stock · indirect | 5.7K | $6.08 | $34.9K | 277.6K |