Revenue
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $22.4M | $27.0M | $20.4M | $27.7M | $20.5M | $7.6M | $7.6M | $7.4M | $5.2M | $2.8M | $823,000 | $51,000 | $0 | — |
| Gross profit | $12.7M | $13.3M | $6.0M | $9.7M | $4.0M | $2.5M | $2.6M | $1.8M | $1.3M | −$830,000 | −$855,000 | −$2.7M | $0 | — |
| Gross margin | 56.64% | 49.06% | 29.40% | 34.91% | 19.32% | 33.17% | 34.36% | 23.87% | 25.36% | −29.61% | −103.89% | −5,317.65% | — | — |
| Research & development | $13.8M | $24.2M | $20.2M | $19.6M | $17.2M | $4.4M | $3.7M | $3.7M | $3.3M | $2.2M | $2.6M | $3.9M | $4.9M | $1.5M |
| Operating expenses | $49.3M | $71.0M | $62.2M | $66.5M | $80.5M | $32.4M | $20.3M | $19.5M | $15.7M | $10.3M | $6.8M | $8.6M | $13.6M | — |
| Operating income | −$36.7M | −$57.7M | −$56.2M | −$56.8M | −$76.5M | −$29.9M | −$17.7M | −$17.7M | −$14.4M | −$11.1M | −$7.7M | −$11.4M | −$13.6M | −$4.0M |
| Operating margin | −163.94% | −213.55% | −276.09% | −205.42% | −372.90% | −394.71% | −234.22% | −239.22% | −278.90% | −396.04% | −935.36% | −22,270.59% | — | — |
| EBITDA | −$33.5M | −$50.3M | −$51.2M | −$52.1M | −$72.0M | −$29.7M | −$17.5M | −$17.5M | −$14.2M | −$10.7M | −$7.4M | −$10.8M | −$12.7M | −$4.0M |
| EBITDA margin | −149.90% | −186.08% | −251.59% | −188.36% | −351.18% | −392.20% | −231.80% | −236.42% | −275.13% | −382.23% | −894.65% | −21,194.12% | — | — |
| Net income | −$41.7M | −$42.7M | −$59.4M | −$62.2M | −$76.8M | −$29.4M | −$17.7M | −$17.8M | −$15.7M | −$10.9M | −$7.1M | −$12.9M | −$13.9M | −$5.7M |
| Net profit margin | −186.56% | −158.09% | −292.00% | −224.88% | −374.21% | −388.66% | −234.63% | −240.78% | −304.51% | −388.41% | −867.80% | −25,249.02% | — | — |
| Basic EPSper basic share | $10.12 | $12.27 | $38.60 | $50.80 | $81.40 | $80.20 | $160.00 | $312.60 | $656.00 | $836.00 | $1,536.00 | $13,320.00 | $27,360.00 | $16,560.00 |
| Diluted EPSper diluted share | $10.12 | $12.27 | $38.60 | $50.80 | $81.40 | $80.20 | $160.00 | $312.60 | $656.00 | $836.00 | $1,536.00 | $13,320.00 | $27,360.00 | $16,560.00 |
Reported shareholders
| Holder | % owned |
|---|---|
Nantahala Capital Management, LLC | 16.64%1.22M shares |
Raphael Erez | —158.75K shares |
KAPLAN JON H. | ≈1.52%111.57K shares |
VANGUARD CAPITAL MANAGEMENT LLC | 0.89%65.68K shares |
GEODE CAPITAL MANAGEMENT, LLC | 0.79%58.04K shares |
BlackRock, Inc. | 0.51%37.8K shares |
VANGUARD FIDUCIARY TRUST CO | 0.51%37.39K shares |
STERN ADAM K | —35.86K shares |
Nelson Steven Charles | —34.75K shares |
Leisure Lawrence B. | —32.9K shares |
Shaked Yoav | —32.89K shares |
Karah Hila | —30.97K shares |
Franco-Yehuda Chen | —30K shares |
MCGRATH DENNIS M | —27.74K shares |
Matheis Dennis | —27.63K shares |
CITADEL ADVISORS LLC | 0.33%24.29K shares |
NORTHERN TRUST CORP | 0.18%13.24K shares |
PALUMBO JOHN R | ≈0.06%4.5K shares |
Vanguard Global Advisers, LLC | 0.05%3.32K shares |
MORGAN STANLEY | 0.04%3K shares |
Percentages use 7.34M 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 |
|---|---|---|---|---|---|---|
| Aug 27, 2025Form 4 | Nelson Steven CharlesPresident and CCO | BuyCommon Stock | 40.0K | $0.53 | $21.2K | 95.0K |
| Jan 7, 2025Form 4 | STERN ADAM KDirector | BuySeries D-2 Preferred Stock · derivative · indirect | 100 | $1.0K | $100.0K | 0 |
| Nov 12, 2024Form 4 | Nelson Steven CharlesChief Commercial Officer | BuyCommon Stock | 5.0K | $0.91 | $4.5K | 55.0K |
| Sep 11, 2024Form 4 | Nelson Steven CharlesChief Commercial Officer | BuyCommon Stock | 5.0K | $0.80 | $4.0K | 50.0K |
| Sep 10, 2024Form 4 | Nelson Steven CharlesChief Commercial Officer | BuyCommon Stock | 5.0K | $0.84 | $4.2K | 45.0K |