Revenue
2010
2011
2012
2013
2014
2015
2016
2017
2021
2022
2023
2024
2025
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $85.2M | $37.2M | $2.1M | $2.7M | $3.6M | — | — | — | $2.7M | $2.0M | $1.7M | $1.1M | $790,000 | $346,000 | $0 | $0 | — |
| Gross profit | $73.4M | $31.0M | $1.4M | $2.0M | $2.9M | $1.0M | $861,000 | $2.4M | $2.0M | $1.4M | $1.3M | $778,000 | $326,000 | $307,000 | $0 | $0 | — |
| Gross margin | 86.16% | 83.37% | 69.25% | 74.77% | 81.13% | — | — | — | 74.18% | 72.39% | 73.55% | 72.78% | 41.27% | 88.73% | — | — | — |
| Research & development | $29.2M | $13.9M | $17.5M | $18.6M | $13.8M | $11.2M | $9.5M | $19.6M | $10.5M | $8.4M | $6.5M | $4.3M | $12.7M | $26.2M | $25.2M | $17.6M | $9.6M |
| Operating expenses | $72.8M | $43.4M | $39.6M | $35.9M | $27.4M | $22.3M | $20.8M | $29.5M | $20.2M | $17.9M | $16.5M | $20.1M | $33.3M | $54.2M | $46.5M | $30.7M | — |
| Operating income | $660,000 | −$12.4M | −$38.2M | −$33.9M | −$24.5M | −$21.3M | −$19.9M | −$27.1M | −$18.2M | −$16.4M | −$15.2M | −$19.3M | −$33.0M | −$53.9M | −$46.5M | −$30.7M | −$13.5M |
| Operating margin | 0.77% | −33.36% | −1,849.01% | −1,245.05% | −690.04% | — | — | — | −669.06% | −825.30% | −870.64% | −1,805.80% | −4,179.62% | −15,569.65% | — | — | — |
| EBITDA | $898,000 | −$12.3M | −$38.1M | −$33.7M | −$24.4M | −$21.1M | −$19.7M | −$26.6M | −$17.9M | −$16.1M | −$14.6M | −$18.3M | −$31.9M | −$52.5M | −$45.4M | −$30.3M | −$13.5M |
| EBITDA margin | 1.05% | −33.00% | −1,842.81% | −1,240.20% | −685.94% | — | — | — | −657.64% | −809.99% | −835.32% | −1,716.18% | −4,037.09% | −15,184.97% | — | — | — |
| Net income | $2.7M | −$26.4M | −$47.7M | −$36.5M | −$25.6M | −$24.2M | −$8.9M | −$19.2M | −$45.1M | −$18.0M | −$14.7M | −$17.4M | −$30.3M | −$51.9M | −$30.9M | −$46.7M | −$22.1M |
| Net profit margin | 3.17% | −70.92% | −2,308.86% | −1,342.70% | −721.49% | — | — | — | −1,661.77% | −902.16% | −841.67% | −1,625.91% | −3,838.48% | −14,990.75% | — | — | — |
| Basic EPSper basic share | $0.08 | -$0.93 | -$2.94 | -$4.12 | -$3.59 | -$8.35 | -$342.83 | -$507.04 | -$2,288.73 | -$1,285,818,358.43 | -$1,767,848,470.13 | -$3,574,550,752.79 | -$9,344,341,913.55 | -$26,304,031,083.05 | -$21,136,474,016.51 | -$37,299,660,029.14 | -$25,488,101,019.91 |
| Diluted EPSper diluted share | $0.07 | -$0.93 | -$2.94 | -$4.12 | -$3.59 | -$8.35 | -$342.83 | -$507.04 | -$2,288.73 | -$1,285,818,358.43 | -$1,767,848,470.13 | -$3,574,550,752.79 | -$9,907,722,195.24 | -$26,304,031,083.05 | -$21,136,474,016.51 | -$37,299,660,029.14 | -$25,488,101,019.91 |
Reported shareholders
| Holder | % owned |
|---|---|
SALAMON STEVEN A J | ≈9.86%3.41M shares |
Aharon Gil | ≈9.86%3.41M shares |
Rosalind Advisors, Inc. | 9.53%3.3M shares |
BlackRock, Inc. | 7.81%2.71M shares |
VANGUARD CAPITAL MANAGEMENT LLC | 3.53%1.22M shares |
Propel Bio Management, LLC | 2.52%871.46K shares |
GEODE CAPITAL MANAGEMENT, LLC | 2.12%733.12K shares |
STATE STREET CORP | 1.96%679.28K shares |
ALGERT GLOBAL LLC | 1.68%580.71K shares |
MILLENNIUM MANAGEMENT LLC | 1.64%566.37K shares |
Divisadero Street Capital Management, LP | 1.44%499.8K shares |
MORGAN STANLEY | 1.18%407.98K shares |
ExodusPoint Capital Management, LP | 1.04%359.88K shares |
MICHEL GERARD J | ≈0.99%342.03K shares |
Private Wealth Advisors, LLC | 0.90%310.86K shares |
Simplify Asset Management Inc. | 0.76%264.77K shares |
NORTHERN TRUST CORP | 0.73%252.11K shares |
GOLDMAN SACHS GROUP INC | 0.72%250.31K shares |
ADAR1 Capital Management, LLC | 0.65%224.39K shares |
MARSHALL WACE, LLP | 0.63%218.96K shares |
Percentages use 34.64M 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 |
|---|---|---|---|---|---|---|
| Mar 6, 2026Form 4 | Pennell SandraChief Financial Officer | BuyCommon Stock | 5.5K | $9.04 | $50.0K | 77.0K |
| Mar 2, 2026Form 4 | MICHEL GERARD JCHIEF EXECUTIVE OFFICER | BuyCommon Stock | 11.2K | $8.96 | $100.4K | 342.0K |
| Nov 21, 2025Form 4 | Sylvester John RichardDirector | BuyCommon Stock | 4.4K | $8.89 | $39.0K | 14.9K |
| Nov 11, 2025Form 4 | MICHEL GERARD JCHIEF EXECUTIVE OFFICER | BuyCommon Stock | 11.5K | $8.53 | $98.1K | 330.8K |