Revenue
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | $0 | $881,705 | $3.9M | $36.1M | $4.8M | $2.4M | $1.9M | $648,382 | — | — |
| Research & development | $70.1M | $32.2M | $31.2M | $16.1M | $36.4M | $98.3M | $89.6M | $48.6M | $26.0M | $15.4M | $5.9M | $1.3M | $210,670 |
| Operating expenses | $85.3M | $48.7M | $45.1M | $39.8M | $56.9M | $126.7M | $113.2M | $61.6M | $35.0M | $21.9M | $9.5M | $2.6M | $557,276 |
| Operating income | −$85.3M | −$48.7M | −$45.1M | −$39.8M | −$56.0M | −$122.8M | −$77.1M | −$56.7M | −$32.6M | −$20.0M | −$8.9M | −$2.6M | −$557,276 |
| Operating margin | — | — | — | — | −6,350.09% | −3,119.20% | −213.33% | −1,176.78% | −1,334.43% | −1,045.56% | −1,365.51% | — | — |
| EBITDA | −$85.1M | −$48.1M | −$44.4M | −$39.1M | −$55.0M | −$121.7M | −$76.4M | −$56.3M | −$32.3M | −$19.9M | −$8.8M | −$2.6M | — |
| EBITDA margin | — | — | — | — | −6,236.69% | −3,090.66% | −211.28% | −1,166.54% | −1,323.96% | −1,040.97% | −1,358.73% | — | — |
| Net income | −$78.5M | −$40.2M | −$44.6M | −$42.3M | −$45.6M | −$111.3M | −$71.5M | −$55.7M | −$32.4M | −$20.0M | −$8.9M | −$2.5M | −$602,350 |
| Net profit margin | — | — | — | — | −5,176.38% | −2,826.08% | −197.69% | −1,154.48% | −1,328.65% | −1,046.27% | −1,365.05% | — | — |
| Basic EPSper basic share | -$5.90 | -$3.68 | -$10.31 | -$10.15 | -$11.15 | -$42.60 | -$33.60 | -$29.40 | -$19.50 | -$14.70 | -$8.40 | -$3.90 | -$2.70 |
| Diluted EPSper diluted share | -$5.90 | -$3.68 | -$10.31 | -$10.15 | -$11.15 | -$42.60 | -$33.60 | -$29.40 | -$19.50 | -$14.70 | -$8.40 | -$3.90 | -$2.70 |
Reported shareholders
| Holder | % owned |
|---|---|
Cormorant Asset Management, LP | 12.56%2.34M shares |
ORBIMED ADVISORS LLC | 9.30%1.74M shares |
BlackRock, Inc. | 7.13%1.33M shares |
Aberdeen Group plc | 7.08%1.32M shares |
VANGUARD CAPITAL MANAGEMENT LLC | 4.08%760.94K shares |
Jones Hill Capital LP | 3.50%653.57K shares |
Prosight Management, LP | 3.48%650K shares |
Stonepine Capital Management, LLC | 2.28%425K shares |
GEODE CAPITAL MANAGEMENT, LLC | 2.27%423.37K shares |
ADAR1 Capital Management, LLC | 2.26%421.79K shares |
DIADEMA PARTNERS LP | 1.61%301.26K shares |
SUSQUEHANNA INTERNATIONAL GROUP, LLP | 1.57%293.2K shares |
STATE STREET CORP | 1.36%254.67K shares |
DIMENSIONAL FUND ADVISORS LP | 1.02%190.21K shares |
Exome Asset Management LLC | 0.99%184.91K shares |
Cohen Yuval | ≈0.93%174.32K shares |
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | 0.81%151.64K shares |
JANE STREET GROUP, LLC | 0.75%139.13K shares |
NORTHERN TRUST CORP | 0.67%124.91K shares |
VANGUARD FIDUCIARY TRUST CO | 0.60%112.4K shares |
Percentages use 18.67M 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 10, 2026Form 4 · 10b5-1 | Kung WinstonDirector | SellCommon Stock, par value $0.0001 per share | 2.0K | $7.91 | $16.0K | 12.1K |
| Jun 10, 2026Form 4 · 10b5-1 | Jenkins John KennethDirector | SellCommon Stock, par value $0.0001 per share | 4.8K | $7.91 | $38.0K | 3.8K |
| Jun 10, 2026Form 4 · 10b5-1 | Altmeyer AnneDirector | SellCommon Stock, par value $0.0001 per share | 2.4K | $7.91 | $19.1K | 7.6K |
| Jun 3, 2026Form 4 | Saxena Nishant CChief Business Officer | BuyCommon Stock, par value $0.0001 per share | 9.0K | $7.58 | $68.2K | 75.3K |
| Jun 2, 2026Form 4 | Saxena Nishant CChief Business Officer | BuyCommon Stock, par value $0.0001 per share | 4.5K | $7.33 | $33.0K | 66.3K |