Revenue
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $59.4M | $56.9M | $50.2M | $53.9M | $49.1M | $41.0M | $32.1M | $27.1M | $20.2M | $15.4M | $11.2M | $8.9M | $11.6M | $8.3M | $7.1M | $6.9M |
| Gross profit | $28.5M | $28.6M | $20.8M | $24.3M | $25.5M | $19.6M | $15.1M | — | — | — | — | — | — | — | — | — |
| Gross margin | 48.00% | 50.15% | 41.38% | 45.18% | 51.88% | 47.74% | 47.08% | — | — | — | — | — | — | — | — | — |
| Research & development | $9.1M | $6.8M | $9.5M | $11.5M | $9.4M | $7.2M | $5.9M | $4.8M | $4.4M | $4.3M | $4.2M | $4.8M | $2.3M | $1.9M | $2.9M | $2.9M |
| Operating expenses | $60.6M | $52.4M | $57.5M | $59.1M | $48.5M | $40.7M | $33.9M | $26.8M | $21.6M | $22.2M | $21.5M | $22.1M | $17.8M | $14.5M | $16.2M | $12.1M |
| Operating income | −$1.1M | $4.6M | −$7.4M | −$5.3M | $607,000 | $366,000 | −$1.9M | $270,000 | −$1.4M | −$6.8M | −$10.3M | −$13.2M | −$6.3M | −$6.2M | −$9.1M | −$5.2M |
| Operating margin | −1.92% | 8.00% | −14.67% | −9.76% | 1.24% | 0.89% | −5.98% | 1.00% | −6.69% | −44.18% | −92.26% | −149.36% | −54.20% | −74.74% | −126.80% | −76.07% |
| EBITDA | $260,000 | $6.2M | −$5.5M | −$3.2M | $2.1M | $1.3M | −$1.1M | $876,000 | −$994,000 | −$6.6M | −$10.2M | −$13.0M | −$6.0M | −$6.0M | −$9.0M | −$5.2M |
| EBITDA margin | 0.44% | 10.81% | −10.88% | −5.86% | 4.29% | 3.15% | −3.41% | 3.24% | −4.91% | −43.09% | −90.86% | −146.95% | −52.35% | −72.31% | −125.33% | −75.46% |
| Net income | −$1.2M | $4.7M | −$7.3M | −$5.3M | $548,000 | $362,000 | −$2.1M | $128,000 | −$1.5M | −$6.9M | −$10.4M | −$13.1M | −$7.4M | −$6.3M | −$8.7M | −$3.8M |
| Net profit margin | −1.98% | 8.26% | −14.51% | −9.90% | 1.12% | 0.88% | −6.52% | 0.47% | −7.29% | −44.67% | −93.41% | −148.25% | −64.12% | −76.05% | −121.15% | −55.25% |
| Basic EPSper basic share | -$0.08 | $0.34 | -$0.54 | -$0.39 | $0.04 | $0.03 | -$0.18 | $0.01 | -$0.13 | -$0.64 | -$1.20 | -$2.20 | -$1.32 | -$1.44 | -$2.28 | -$1.32 |
| Diluted EPSper diluted share | -$0.08 | $0.33 | -$0.54 | -$0.39 | $0.04 | $0.02 | -$0.18 | $0.01 | -$0.13 | -$0.64 | -$1.20 | -$2.20 | -$1.32 | -$1.44 | -$2.28 | -$1.32 |
Reported shareholders
| Holder | % owned |
|---|---|
BATTERY MANAGEMENT CORP. | ≈17.44%2.42M shares |
NEA Management Company, LLC | ≈12.34%1.71M shares |
ACKERMAN JOEL | ≈7.61%1.06M shares |
VANGUARD CAPITAL MANAGEMENT LLC | ≈2.17%301.35K shares |
TOCQUEVILLE ASSET MANAGEMENT L.P. | ≈2.13%295.66K shares |
MORGAN STANLEY | ≈1.70%235.4K shares |
BANK OF AMERICA CORP /DE/ | ≈1.54%214.06K shares |
RENAISSANCE TECHNOLOGIES LLC | ≈1.00%139.04K shares |
BlackRock, Inc. | ≈0.94%129.85K shares |
Mink Brook Asset Management LLC | ≈0.80%111.34K shares |
GEODE CAPITAL MANAGEMENT, LLC | ≈0.55%76.3K shares |
HighTower Advisors, LLC | ≈0.30%41.9K shares |
VANGUARD FIDUCIARY TRUST CO | ≈0.24%33.24K shares |
NORTHERN TRUST CORP | ≈0.20%27.91K shares |
STATE STREET CORP | ≈0.19%26.2K shares |
Cambridge Investment Research Advisors, Inc. | ≈0.18%24.5K shares |
Bank of New York Mellon Corp | ≈0.16%21.61K shares |
ACADIAN ASSET MANAGEMENT LLC | ≈0.15%20.52K shares |
CITADEL ADVISORS LLC | ≈0.13%18.3K shares |
ESSEX INVESTMENT MANAGEMENT CO LLC | ≈0.13%18.22K shares |
Percentages use 13.89M shares of this listed class outstanding on Apr 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.