Revenue
2020
2021
2022
2023
2024
2025
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Revenue | $49.9M | $49.7M | $63.2M | $74.1M | $96.1M | $95.2M |
| Gross profit | $21.7M | $21.3M | $35.6M | $19.4M | $48.6M | $52.3M |
| Gross margin | 43.49% | 42.81% | 56.32% | 26.18% | 50.56% | 54.91% |
| Research & development | $1.8M | $2.3M | $3.0M | $3.4M | $5.5M | $6.0M |
| Operating expenses | $42.0M | $53.2M | $76.2M | $71.9M | $195.6M | $103.6M |
| Operating income | −$20.3M | −$32.0M | −$40.6M | −$52.5M | −$147.1M | −$51.3M |
| Operating margin | −40.62% | −64.40% | −64.31% | −70.79% | −153.04% | −53.92% |
| EBITDA | −$13.9M | −$22.0M | −$25.5M | −$43.5M | −$136.0M | −$44.5M |
| EBITDA margin | −27.95% | −44.31% | −40.30% | −58.70% | −141.57% | −46.73% |
| Net income | −$29.7M | −$29.8M | −$23.8M | −$59.3M | −$137.7M | −$30.7M |
| Net profit margin | −59.60% | −60.09% | −37.68% | −80.00% | −143.32% | −32.22% |
| Basic EPSper basic share | -$0.19 | -$0.19 | -$0.16 | -$0.40 | -$0.98 | -$0.25 |
| Diluted EPSper diluted share | -$0.19 | -$0.19 | -$0.16 | -$0.40 | -$0.98 | -$0.25 |
Reported shareholders
| Holder | % owned |
|---|---|
British American Tobacco p.l.c. / BT DE Investments Inc. | ≈40.64%109.94M shares |
Morachnick William J. | ≈1.11%3.01M shares |
Kunkel Raymond J. | ≈0.29%782.27K shares |
Garrison Mindy Beth | ≈0.08%211.93K shares |
Stanley Jared | ≈0.07%202.29K shares |
Rogers Stephen David | ≈0.04%115.62K shares |
McElwee Angela May | ≈0.03%85K shares |
Usifer Maureen K | ≈0.03%75K shares |
McCarthy Matthew Evan | ≈0.03%75K shares |
Lind Erika | ≈0.03%75K shares |
Financial Gravity Companies, Inc. | <0.01%208 shares |
Main Street Group, LTD | <0.01%100 shares |
Leo H. Evart, Inc. | <0.01%3 shares |
Percentages use 270.55M 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 |
|---|---|---|---|---|---|---|
| May 28, 2026Form 4 | British American Tobacco p.l.c. +1TenPercentOwner | BuyConvertible Debenture · derivative | — | — | $54.66M | 95.28M |
| Sep 2, 2025Form 4 | Kunkel Raymond J.Chief Operating Officer | BuyCommon Shares | 229.2K | $0.10 | $22.9K | 718.9K |
| May 30, 2025Form 4 | Kunkel Raymond J.Chief Operating Officer | BuyCommon Shares | 8.7K | $0.10 | $869.00 | 489.8K |
| May 30, 2025Form 4 | Kunkel Raymond J.Chief Operating Officer | BuyCommon Shares | 5.0K | $0.10 | $500.00 | 481.1K |
| May 30, 2025Form 4 | Kunkel Raymond J.Chief Operating Officer | BuyCommon Shares | 213.6K | $0.11 | $23.5K | 476.1K |