Revenue
2022
2023
2024
2025
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Revenue | $43.2M | $58.3M | $22.1M | $4.2M | — |
| Gross profit | $9.7M | −$7.2M | $2.6M | $1.6M | — |
| Gross margin | 22.46% | −12.35% | 11.63% | 37.43% | — |
| Operating expenses | $75.5M | $65.0M | $43.3M | $27.5M | — |
| Operating income | −$65.8M | −$72.2M | −$40.7M | −$25.9M | −$9.2M |
| Operating margin | −152.39% | −123.74% | −183.87% | −610.39% | — |
| EBITDA | −$60.4M | −$68.9M | −$35.1M | −$25.2M | −$8.9M |
| EBITDA margin | −139.93% | −118.15% | −158.29% | −593.05% | — |
| Net income | −$56.9M | −$61.4M | −$25.6M | −$23.2M | $8.6M |
| Net profit margin | −131.75% | −105.24% | −115.64% | −545.47% | — |
| Basic EPSper basic share | -$0.30 | -$0.34 | -$0.18 | -$0.22 | -$0.13 |
| Diluted EPSper diluted share | -$0.30 | -$0.34 | -$0.18 | -$0.22 | -$0.13 |
Reported shareholders
| Holder | % owned |
|---|---|
VAN ECK ASSOCIATES CORP | 7.80%15.16M shares |
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | 6.83%13.26M shares |
BlackRock, Inc. | 5.85%11.37M shares |
VANGUARD CAPITAL MANAGEMENT LLC | 3.14%6.1M shares |
Azarias Capital Management, L.P. | 2.11%4.09M shares |
Vident Advisory, LLC | 2.00%3.88M shares |
STATE STREET CORP | 1.74%3.39M shares |
SHERIFF WILLIAM M | ≈1.45%2.82M shares |
GEODE CAPITAL MANAGEMENT, LLC | 1.45%2.81M shares |
UBS Group AG | 1.37%2.67M shares |
MORGAN STANLEY | 1.24%2.41M shares |
Defiance ETFs, LLC | 1.08%2.11M shares |
Tidal Investments LLC | 1.08%2.1M shares |
MMCAP International Inc. SPC | 0.96%1.86M shares |
MIRABELLA FINANCIAL SERVICES LLP | 0.93%1.8M shares |
Goehring & Rozencwajg Associates, LLC | 0.78%1.51M shares |
Pacer Advisors, Inc. | 0.67%1.31M shares |
VANGUARD PORTFOLIO MANAGEMENT LLC | 0.67%1.3M shares |
NORTHERN TRUST CORP | 0.57%1.11M shares |
MILLENNIUM MANAGEMENT LLC | 0.56%1.09M shares |
Percentages use 194.25M 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 12, 2026Form 4 | HEILI WAYNE W.Director | BuyCommon Stock | 35.0K | $1.44 | $50.4K | 35.0K |
| Jun 12, 2026Form 4 | PELIZZA MARK SDirector | BuyCommon Stock | 723 | $1.39 | $1.0K | 238.2K |
| Jun 11, 2026Form 4 | PELIZZA MARK SDirector | BuyCommon Stock | 99.2K | $1.37 | $135.9K | 237.5K |
| Jun 9, 2026Form 4 | Little Richard HChief Executive Officer | BuyCommon Stock | 50.0K | $1.28 | $64.0K | 50.0K |
| May 19, 2026Form 4 · 10b5-1 | SHERIFF WILLIAM MExecutive Chairman | BuyCommon Stock | 25.0K | $1.39 | $34.8K | 1.41M |