Revenue
2010
2011
2012
2013
2022
2023
2024
2025
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $4.0M | $9.7M | $7.1M | $0 | — | — | — | — | — | — | — | — | $71,667 | $374,542 | $570,476 | $40,189 |
| Gross profit | — | — | — | — | — | — | — | — | — | — | — | — | $71,667 | $138,739 | −$1.7M | −$170,204 |
| Gross margin | — | — | — | — | — | — | — | — | — | — | — | — | 100.00% | 37.04% | −304.68% | −423.51% |
| Research & development | $21.8M | $18.8M | $8.4M | $1.3M | $8.5M | $9.4M | $6.6M | $5.8M | $5.1M | $7.3M | $3.9M | $2.9M | $342,916 | — | — | — |
| Operating expenses | $32.3M | $28.0M | $15.0M | $3.5M | — | — | — | — | — | — | $23.8M | $14.6M | $12.8M | $11.9M | $14.7M | $7.5M |
| Operating income | −$28.3M | −$18.2M | −$7.8M | −$3.5M | −$24.7M | −$16.0M | −$11.6M | −$19.0M | −$11.3M | −$18.4M | −$6.4M | −$14.6M | −$12.8M | −$11.8M | −$16.4M | −$7.6M |
| Operating margin | −706.22% | −187.18% | −109.35% | — | — | — | — | — | — | — | — | — | −17,855.55% | −3,148.34% | −2,879.94% | −19,002.60% |
| EBITDA | −$28.3M | −$18.2M | −$7.8M | −$3.5M | −$24.6M | −$15.9M | −$11.5M | −$18.8M | −$11.3M | −$18.3M | −$6.4M | −$14.0M | −$12.7M | −$11.6M | −$16.4M | −$7.6M |
| EBITDA margin | −706.22% | −187.18% | −109.35% | — | — | — | — | — | — | — | — | — | −17,693.06% | −3,104.55% | −2,867.70% | −18,879.01% |
| Net income | −$27.0M | −$16.3M | −$2.2M | −$5.8M | −$24.1M | −$14.2M | −$11.8M | −$18.4M | −$1.4M | −$18.0M | −$6.7M | −$14.4M | −$2.5M | −$6.9M | −$22.6M | −$8.4M |
| Net profit margin | −673.06% | −167.29% | −30.40% | — | — | — | — | — | — | — | — | — | −3,429.68% | −1,833.94% | −3,967.89% | −20,925.14% |
| Basic EPSper basic share | -$2.98 | -$2.02 | -$0.82 | -$11.20 | -$12.38 | -$15.00 | -$88.00 | -$410.50 | -$158.00 | -$1,320.00 | -$1,920.00 | -$7,500.00 | -$7,500.00 | -$61,200.00 | -$195,000.00 | -$105,000.00 |
| Diluted EPSper diluted share | -$2.98 | -$2.02 | -$0.82 | $2,038,891.00 | $1,946,859.00 | $2,691,598,650.00 | $335,325,450.00 | -$410.50 | -$1,455.50 | -$1,320.00 | -$1,920.00 | -$7,500.00 | -$7,500.00 | -$61,200.00 | -$195,000.00 | -$105,000.00 |
Reported shareholders
| Holder | % owned |
|---|---|
BOGER JOSHUA S | ≈14.88%2.01M shares |
ALAM JOHN J | ≈11.06%1.5M shares |
Gregoire Sylvie | ≈11.06%1.5M shares |
Woodline Partners LP | 5.09%688.99K shares |
VANGUARD CAPITAL MANAGEMENT LLC | 2.34%316.2K shares |
SABBY MANAGEMENT, LLC | 1.84%248.88K shares |
GEODE CAPITAL MANAGEMENT, LLC | 0.49%66.92K shares |
BlackRock, Inc. | 0.40%53.85K shares |
Byrne Asset Management LLC | 0.38%51.25K shares |
CITIZENS FINANCIAL GROUP INC/RI | 0.28%37.48K shares |
VANGUARD FIDUCIARY TRUST CO | 0.27%36.15K shares |
JANE STREET GROUP, LLC | 0.24%32.23K shares |
THOMPSON DAVIS & CO., INC. | 0.22%29.75K shares |
Savvy Advisors, Inc. | 0.19%25.92K shares |
Virtu Financial LLC | 0.18%24.09K shares |
STATE STREET CORP | 0.15%20.53K shares |
Cetera Investment Advisers | 0.15%19.62K shares |
Summit Financial, LLC | 0.13%18.14K shares |
Russell Investments Group, Ltd. | 0.11%15.36K shares |
Winton Matthew | ≈0.11%15K shares |
Percentages use 13.53M 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 11, 2026Form 4 | BOGER JOSHUA SDirector,TenPercentOwner | BuyCommon Stock · indirect | 955.4K | $3.14 | $3.00M | 1.80M |
| Jun 11, 2026Form 4 | BOGER JOSHUA SDirector,TenPercentOwner | BuySeries C Warrants · derivative · indirect | 955.4K | — | — | 955.4K |
| Jun 11, 2026Form 4 | BOGER JOSHUA SDirector,TenPercentOwner | BuySeries B Warrants · derivative · indirect | 955.4K | — | — | 955.4K |
| Nov 18, 2025Form 4 | Winton MatthewChief Commercial and Business | BuyCommon Stock | 1.5K | $7.95 | $11.9K | 15.0K |
| Nov 18, 2025Form 4 | ELDER WILLIAM ROBERTCFO, GC & Secretary | BuyCommon Stock | 2.5K | $8.32 | $20.8K | 12.5K |