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 | $37.0M | $31.4M | $24.0M | $20.6M | $16.3M | $12.8M | $11.2M | $7.4M | $7.4M | $5.7M | $4.6M | $3.6M | $3.9M | $5.1M | $3.8M | $2.7M |
| Gross profit | $22.7M | $19.1M | $13.6M | $13.5M | $11.1M | $9.1M | $7.3M | $4.9M | $4.5M | $3.1M | $2.6M | $1.7M | $2.5M | $4.5M | $3.2M | $2.7M |
| Gross margin | 61.38% | 60.92% | 56.83% | 65.84% | 68.24% | 71.09% | 64.86% | 66.91% | 60.72% | 54.03% | 56.74% | 46.53% | 63.84% | 89.01% | 82.81% | 99.39% |
| Research & development | $13.9M | $12.4M | $11.7M | $10.9M | $9.3M | $4.7M | $2.8M | $2.3M | $2.8M | $2.6M | $2.0M | $3.3M | $2.9M | $2.5M | $4.3M | $5.7M |
| Operating expenses | $46.9M | $38.9M | $36.1M | $29.9M | $24.5M | $15.3M | $11.9M | $10.2M | $10.8M | $10.6M | $11.6M | $7.0M | $11.4M | $8.2M | $9.7M | $12.2M |
| Operating income | −$24.2M | −$19.7M | −$22.4M | −$16.3M | −$13.4M | −$6.2M | −$4.6M | −$5.2M | −$6.3M | −$7.5M | −$9.0M | −$5.3M | −$7.5M | −$3.1M | −$5.9M | −$9.5M |
| Operating margin | −65.36% | −62.87% | −93.70% | −79.47% | −82.05% | −48.48% | −40.96% | −71.37% | −85.86% | −130.25% | −195.34% | −147.61% | −190.17% | −61.87% | −155.09% | −356.45% |
| EBITDA | −$23.4M | −$18.8M | −$21.8M | −$16.1M | −$13.2M | −$5.9M | −$4.5M | −$5.1M | −$6.2M | −$7.3M | −$8.8M | −$4.9M | −$7.0M | −$2.7M | −$5.6M | −$9.2M |
| EBITDA margin | −63.16% | −59.75% | −91.09% | −78.28% | −81.08% | −45.88% | −39.67% | −69.88% | −84.28% | −127.54% | −190.72% | −137.14% | −179.33% | −53.62% | −145.79% | −346.48% |
| Net income | −$25.5M | −$18.9M | −$22.1M | −$16.4M | −$14.4M | −$6.8M | −$5.5M | −$6.2M | −$7.2M | −$8.1M | −$8.4M | −$4.5M | −$7.1M | −$5.9M | −$8.3M | −$9.5M |
| Net profit margin | −69.08% | −60.25% | −92.21% | −79.97% | −88.41% | −52.86% | −49.39% | −83.82% | −97.12% | −140.36% | −183.91% | −125.53% | −180.29% | −116.20% | −217.68% | −354.16% |
| Basic EPSper basic share | -$0.90 | -$0.70 | -$0.90 | -$0.68 | -$0.69 | -$0.43 | -$0.42 | -$0.56 | -$0.93 | -$2.93 | -$4.48 | -$3.20 | -$4.80 | -$6.00 | -$20.80 | -$56.00 |
| Diluted EPSper diluted share | -$0.90 | -$0.70 | -$0.90 | -$0.68 | -$0.69 | -$0.43 | -$0.42 | -$0.56 | -$0.93 | -$2.93 | -$4.48 | -$3.20 | -$4.80 | -$6.00 | -$20.80 | -$56.00 |
Reported shareholders
| Holder | % owned |
|---|---|
BlackRock, Inc. | 7.80%2.38M shares |
MAK CAPITAL ONE LLC | 7.79%2.38M shares |
VANGUARD CAPITAL MANAGEMENT LLC | 4.04%1.23M shares |
STATE STREET CORP | 2.68%816.55K shares |
GEODE CAPITAL MANAGEMENT, LLC | 2.46%749.93K shares |
BURNETT JOSEPH | ≈1.59%485.07K shares |
Lane Generational LLC | 1.46%444.83K shares |
UBS Group AG | 1.41%428.63K shares |
MILLENNIUM MANAGEMENT LLC | 1.17%357.68K shares |
BROWN ADVISORY INC | 1.07%325.91K shares |
COMPASS FINANCIAL MANAGEMENT LLC | 0.97%295.68K shares |
SUSQUEHANNA INTERNATIONAL GROUP, LLP | 0.79%240.28K shares |
NORTHERN TRUST CORP | 0.76%230.99K shares |
Pier Capital, LLC | 0.73%222.76K shares |
VANGUARD FIDUCIARY TRUST CO | 0.70%213.25K shares |
VANGUARD PORTFOLIO MANAGEMENT LLC | 0.64%194.58K shares |
TUDOR INVESTMENT CORP ET AL | 0.57%173.76K shares |
MORGAN STANLEY | 0.54%165.79K shares |
TWO SIGMA INVESTMENTS, LP | 0.51%154.85K shares |
Bank of New York Mellon Corp | 0.50%151.77K shares |
Percentages use 30.5M 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 17, 2026Form 4 · 10b5-1 | BURNETT JOSEPHCEO and President | SellCommon Stock · indirect | 1.8K | $17.94 | $33.1K | 191.4K |
| Jun 17, 2026Form 4 · 10b5-1 | BURNETT JOSEPHCEO and President | SellCommon Stock | 60.0K | $17.79 | $1.07M | 116.8K |
| Jun 1, 2026Form 4 | Richards Timothy T.Director | SellCommon Stock | 5.4K | $12.17 | $65.9K | 87.2K |
| May 21, 2026Form 4 | Klein Matthew B.Director | SellCommon Stock | 16.0K | $11.59 | $185.4K | 46.9K |
| May 20, 2026Form 4 · 10b5-1 | FALLON LYNNETTE CDirector | SellCommon Stock | 5.1K | $11.14 | $56.7K | 48.2K |