Revenue
2017
2018
2019
2020
2021
2022
2023
2024
2025
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.1M | $3.5M | $2.9M | $2.9M | $2.4M | $1.6M | $1.7M | $1.3M | $758,420 |
| Gross profit | $770,485 | $2.3M | $922,957 | $807,110 | $459,393 | $176,990 | $221,375 | $268,173 | $78,223 |
| Gross margin | 24.93% | 65.82% | 31.84% | 27.54% | 19.11% | 11.05% | 13.17% | 20.70% | 10.31% |
| Research & development | $2.2M | $2.0M | $3.3M | $4.5M | $8.4M | $3.9M | $3.1M | $2.1M | $1.8M |
| Operating expenses | $10.3M | $9.4M | $11.1M | $13.1M | $17.1M | $11.6M | $11.0M | $8.9M | $7.9M |
| Operating income | −$7.2M | −$5.9M | −$8.2M | −$10.2M | −$14.7M | −$10.0M | −$9.3M | −$7.6M | −$7.1M |
| Operating margin | −232.75% | −168.82% | −283.90% | −346.92% | −612.67% | −625.85% | −552.18% | −586.09% | −939.70% |
| EBITDA | −$6.9M | −$5.4M | −$6.8M | −$10.1M | — | — | — | — | — |
| EBITDA margin | −223.56% | −153.95% | −234.42% | −345.21% | — | — | — | — | — |
| Net income | −$7.4M | −$5.8M | −$6.8M | −$9.7M | −$13.1M | −$9.3M | −$8.3M | −$5.7M | −$2.1M |
| Net profit margin | −238.31% | −166.19% | −234.42% | −332.23% | −543.73% | −582.13% | −494.21% | −439.36% | −281.61% |
| Basic EPSper basic share | -$0.23 | -$0.20 | -$0.24 | -$0.34 | -$0.47 | -$0.34 | -$0.31 | -$0.21 | -$0.07 |
| Diluted EPSper diluted share | -$0.23 | -$0.20 | -$0.24 | -$0.34 | -$0.47 | -$0.34 | -$0.31 | -$0.21 | -$0.07 |
Reported shareholders
| Holder | % owned |
|---|---|
EMALFARB MARK A | ≈13.26%4.83M shares |
VANGUARD CAPITAL MANAGEMENT LLC | 2.55%928.23K shares |
CHAPIN DAVIS, INC. | 2.44%888K shares |
Apis Capital Advisors, LLC | 2.21%804.88K shares |
TRUIST FINANCIAL CORP | 0.90%326.2K shares |
Tarnok Michael P. | ≈0.77%281.03K shares |
GEODE CAPITAL MANAGEMENT, LLC | 0.69%250.91K shares |
HERBST SETH | ≈0.56%202.31K shares |
BlackRock, Inc. | 0.54%197.75K shares |
Hazelton Joseph P | ≈0.53%191.76K shares |
Rawson Ping Wang | ≈0.47%170.15K shares |
VANGUARD FIDUCIARY TRUST CO | 0.38%139.48K shares |
MARATHON CAPITAL MANAGEMENT | 0.30%110K shares |
Sage Mountain Advisors LLC | 0.29%106.56K shares |
Kaye Jack | ≈0.22%81.2K shares |
HighTower Advisors, LLC | 0.22%79.47K shares |
RENAISSANCE TECHNOLOGIES LLC | 0.22%78.79K shares |
CITADEL ADVISORS LLC | 0.20%74.34K shares |
Lucy Patrick K. | ≈0.20%72.31K shares |
NORTHERN TRUST CORP | 0.19%69.75K shares |
Percentages use 36.44M 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 |
|---|---|---|---|---|---|---|
| Sep 15, 2025Form 4 | EMALFARB MARK ACEO | BuySenior Secured Convertible Promissory Note due March 8, 2027 · derivative · indirect | — | $1.00M | $1.00M | — |
| Aug 1, 2025Form 4 | Hazelton Joseph PPresident and COO | BuyCommon Stock | 26.0K | $0.95 | $24.7K | 155.3K |