Revenue
2022
2023
2024
2025
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | $0 | — | — |
| Research & development | $31.9M | $22.7M | $17.8M | $7.1M | $3.8M | $1.6M |
| Operating expenses | $39.7M | $29.9M | $25.1M | $14.9M | — | — |
| Operating income | −$39.7M | −$29.9M | −$25.1M | −$15.4M | −$10.5M | −$2.6M |
| EBITDA | −$39.7M | −$29.9M | −$25.1M | −$15.4M | −$10.5M | — |
| Net income | −$36.1M | −$26.7M | −$24.0M | −$14.8M | −$10.5M | $6.6M |
| Basic EPSper basic share | -$0.38 | -$0.46 | -$1.50 | -$0.93 | -$3.69 | $3.07 |
| Diluted EPSper diluted share | -$0.38 | -$0.46 | -$1.50 | -$0.93 | -$3.69 | -$3.96 |
Reported shareholders
| Holder | % owned |
|---|---|
Nextech Invest Ltd. | 8.08%7.42M shares |
Deep Track Capital, LP | 8.08%7.42M shares |
Soleus Capital Management, L.P. | 7.69%7.06M shares |
BlackRock, Inc. | 6.71%6.17M shares |
Avidity Partners Management LP | 5.44%5M shares |
FRANKLIN RESOURCES INC | 4.14%3.8M shares |
VANGUARD CAPITAL MANAGEMENT LLC | 3.74%3.43M shares |
Octagon Capital Advisors LP | 3.32%3.05M shares |
Blue Owl Capital Holdings LP | 3.19%2.93M shares |
TCG Crossover Management, LLC | 2.92%2.68M shares |
GEODE CAPITAL MANAGEMENT, LLC | 1.99%1.83M shares |
STATE STREET CORP | 1.54%1.41M shares |
MPM BIOIMPACT LLC | 1.41%1.3M shares |
Lehr Martin A. | ≈1.18%1.08M shares |
RENAISSANCE TECHNOLOGIES LLC | 1.13%1.04M shares |
ACADIAN ASSET MANAGEMENT LLC | 1.10%1.01M shares |
ADAR1 Capital Management, LLC | 0.82%750.97K shares |
JANE STREET GROUP, LLC | 0.70%645.21K shares |
VANGUARD PORTFOLIO MANAGEMENT LLC | 0.70%638.88K shares |
NORTHERN TRUST CORP | 0.67%615.58K shares |
Percentages use 91.88M 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 9, 2025Form 4 | Lehr Martin A.Chief Executive Officer | BuyCommon Stock · indirect | 100.0K | $0.70 | $70.0K | 920.2K |
| Jun 6, 2025Form 4 | Levit Alex C.Chief Legal Officer, Corp. Sec | BuyCommon Stock | 20.0K | $0.58 | $11.6K | 29.0K |
| Jun 6, 2025Form 4 | Minai-Azary Jennifer LynnChief Financial Officer | BuyCommon Stock | 40.0K | $0.64 | $25.6K | 80.0K |