Revenue
2022
2023
2024
2025
| 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| Revenue | $33.9M | $38.4M | $34.9M | $30.2M |
| Research & development | $20.5M | $26.2M | $26.6M | $26.5M |
| Operating expenses | $53.9M | $65.0M | $67.4M | $75.0M |
| Operating income | −$33.0M | −$40.8M | −$47.3M | −$59.6M |
| Operating margin | −97.25% | −106.09% | −135.64% | −197.48% |
| EBITDA | −$24.7M | −$33.2M | −$39.1M | −$51.1M |
| EBITDA margin | −72.80% | −86.32% | −112.32% | −169.07% |
| Net income | −$32.3M | −$39.0M | −$46.0M | −$59.8M |
| Net profit margin | −95.27% | −101.54% | −131.87% | −198.03% |
| Basic EPSper basic share | -$1.49 | -$1.83 | -$2.26 | -$3.12 |
| Diluted EPSper diluted share | -$1.49 | -$1.83 | -$2.26 | -$3.12 |
Reported shareholders
| Holder | % owned |
|---|---|
MORGAN STANLEY | 9.18%2.06M shares |
Lagoda Investment Management, L.P. | 5.09%1.14M shares |
Kimelman & Baird, LLC | 4.88%1.09M shares |
BlackRock, Inc. | 4.75%1.06M shares |
Silverberg Bernstein Capital Management LLC | 3.56%798.42K shares |
VANGUARD CAPITAL MANAGEMENT LLC | 3.17%711.48K shares |
VANGUARD PORTFOLIO MANAGEMENT LLC | 1.96%438.77K shares |
GEODE CAPITAL MANAGEMENT, LLC | 1.78%399.5K shares |
BEACONLIGHT CAPITAL, LLC | 1.51%338.95K shares |
D. E. Shaw & Co., Inc. | 1.43%320.2K shares |
Quantinno Capital Management LP | 1.40%313.55K shares |
UBS Group AG | 1.05%234.88K shares |
Bank of New York Mellon Corp | 1.05%234.79K shares |
Quinn Carle Ann | ≈0.81%180.84K shares |
CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 0.65%145.64K shares |
NORTHERN TRUST CORP | 0.60%133.62K shares |
RENAISSANCE TECHNOLOGIES LLC | 0.55%123.1K shares |
Beck Charles | ≈0.54%120.08K shares |
VANGUARD FIDUCIARY TRUST CO | 0.53%117.88K shares |
MARSHALL WACE, LLP | 0.47%104.86K shares |
Percentages use 22.41M 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 18, 2026Form 4 | TCM Strategic Partners L.P. +2Other | SellCommon Stock · indirect | 27.1K | $9.46 | $256.1K | 0 |
| Jun 17, 2026Form 4 | TCM Strategic Partners L.P. +2Other | SellCommon Stock · indirect | 15.0K | $10.05 | $150.8K | 27.1K |
| Jun 16, 2026Form 4 | TCM Strategic Partners L.P. +2Other | SellCommon Stock · indirect | 3.5K | $10.96 | $38.5K | 0 |
| Jun 16, 2026Form 4 | TCM Strategic Partners L.P. +2Other | SellCommon Stock · indirect | 69.4K | $10.83 | $751.2K | 42.1K |