Revenue
2010
2011
2012
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 | 2011 | 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $27.0M | $7.3M | $7.5M | $15.0M | $8.3M | $8.0M | $13.6M | $12.0M | $3.9M | $6.1M | $6.8M | $4.2M | $607,596 | $617,188 | $666,152 | $1.1M |
| Gross profit | $7.9M | $469,215 | $1.3M | $4.7M | $2.0M | $235,836 | $6.5M | $5.2M | $1.6M | $3.4M | $3.6M | $2.1M | $331,351 | $228,043 | $229,278 | $1.0M |
| Gross margin | 29.15% | 6.44% | 17.52% | 31.63% | 24.69% | 2.93% | 47.51% | 43.19% | 40.93% | 55.24% | 52.77% | 49.27% | 54.53% | 36.95% | 34.42% | 97.07% |
| Research & development | $846,850 | $1.5M | $1.8M | $1.7M | $2.5M | $102,219 | $1.5M | $488,694 | $310,099 | $271,950 | $216,806 | $191,662 | — | — | $36,022 | — |
| Operating expenses | $17.6M | $11.5M | $12.8M | $11.6M | $9.5M | $6.9M | $8.9M | $6.8M | $5.0M | $5.1M | $5.8M | $3.7M | $785,786 | $804,770 | $1.3M | $1.8M |
| Operating income | −$9.8M | −$11.0M | −$11.4M | −$6.9M | −$7.5M | −$6.6M | −$2.4M | −$1.6M | −$3.4M | −$1.7M | −$2.2M | −$1.6M | −$454,435 | — | — | — |
| Operating margin | −36.13% | −150.85% | −153.21% | −45.73% | −90.28% | −82.52% | −17.64% | −13.03% | −88.64% | −28.57% | −32.91% | −37.78% | −74.79% | — | — | — |
| EBITDA | −$7.7M | −$8.8M | −$11.1M | −$6.6M | −$7.2M | −$6.4M | −$2.2M | −$1.5M | −$3.4M | −$1.7M | −$2.2M | −$1.5M | −$448,720 | — | — | — |
| EBITDA margin | −28.31% | −121.16% | −148.98% | −43.95% | −87.01% | −80.07% | −16.47% | −12.42% | −87.54% | −27.89% | −32.34% | −36.61% | −73.85% | — | — | — |
| Net income | −$9.8M | −$10.8M | −$11.2M | −$6.9M | −$6.0M | −$6.7M | −$2.5M | −$1.6M | −$5.2M | −$2.6M | −$2.3M | −$2.1M | −$648,567 | −$864,995 | −$1.2M | −$808,773 |
| Net profit margin | −36.39% | −147.85% | −150.47% | −45.73% | −72.75% | −83.93% | −18.11% | −13.12% | −132.64% | −41.96% | −34.37% | −50.14% | −106.74% | −140.15% | −183.36% | −75.54% |
| Basic EPSper basic share | -$0.64 | -$1.39 | -$1.56 | -$1.11 | -$1.63 | -$2.03 | -$1.39 | -$1.12 | -$20.02 | -$19.04 | -$19.60 | -$24.50 | -$0.06 | -$0.06 | -$0.23 | — |
| Diluted EPSper diluted share | -$0.64 | -$1.39 | -$1.56 | -$1.11 | -$1.63 | -$2.03 | -$1.39 | -$1.12 | -$20.02 | -$19.04 | -$19.60 | -$24.50 | -$9.74 | -$0.06 | -$0.23 | -$0.23 |
Reported shareholders
| Holder | % owned |
|---|---|
Alyeska Investment Group, L.P. | 9.78%2M shares |
BlackRock, Inc. | 8.11%1.66M shares |
Bleichroeder LP | 7.96%1.63M shares |
ROYAL BANK OF CANADA | 6.50%1.33M shares |
Northern Right Capital Management, L.P. | 5.96%1.22M shares |
MORGAN STANLEY | 5.76%1.18M shares |
VANGUARD CAPITAL MANAGEMENT LLC | 5.53%1.13M shares |
Shay Capital LLC | 4.56%931.64K shares |
GEODE CAPITAL MANAGEMENT, LLC | 3.11%635.01K shares |
JANE STREET GROUP, LLC | 3.00%613.25K shares |
CANTOR FITZGERALD, L. P. | 2.93%600K shares |
Private Advisor Group, LLC | 2.50%511K shares |
STATE STREET CORP | 2.11%431.48K shares |
UBS Group AG | 1.58%323.19K shares |
Potomac Capital Management, Inc. | 1.53%313.3K shares |
HighMark Wealth Management LLC | 1.42%289.88K shares |
RENAISSANCE TECHNOLOGIES LLC | 1.40%287.2K shares |
GRATIA CAPITAL, LLC | 1.32%270.28K shares |
JPMORGAN CHASE & CO | 1.30%266.16K shares |
SILVERCREST ASSET MANAGEMENT GROUP LLC | 1.19%242.54K shares |
Percentages use 20.45M shares of this listed class outstanding on Jun 30, 2026.
Gray completes the 100% scale. Reported positions may overlap; holders have different reporting dates.
| Transaction | Insider | Type | Shares | Price | Value | Owned after |
|---|---|---|---|---|---|---|
| May 23, 2025Form 4 | Goldfarb Adrian GrahamCFO | SellCommon Stock, $0.001 par value | 9.3K | $7.77 | $72.1K | 477 |
| May 20, 2025Form 4 | Goldfarb Adrian GrahamCFO | SellCommon Stock, $0.001 par value | 1.3K | $7.85 | $10.2K | 9.8K |
| Jul 22, 2024Form 4 | Bleichroeder LPTenPercentOwner | BuyWarrants to Purchase Common Stock · derivative · indirect | 300.0K | — | — | 300.0K |