Revenue
2020
2021
2022
2023
2024
2025
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Revenue | $384.1M | $256.8M | $161.0M | $54.6M | $21.7M | $11.8M |
| Gross profit | $80.8M | $29.4M | $9.7M | −$5.7M | −$6.8M | −$9.6M |
| Gross margin | 21.03% | 11.43% | 6.04% | −10.35% | −31.54% | −81.62% |
| Research & development | $12.2M | $11.6M | $5.7M | $4.8M | $2.0M | $1.2M |
| Operating expenses | $191.4M | $160.9M | $163.1M | $143.9M | $83.0M | $48.8M |
| Operating income | −$110.7M | −$131.6M | −$153.4M | −$149.5M | −$89.8M | −$58.4M |
| Operating margin | −28.81% | −51.23% | −95.31% | −273.88% | −414.89% | −496.96% |
| EBITDA | −$36.6M | −$65.8M | −$101.4M | −$113.6M | −$65.9M | −$39.8M |
| EBITDA margin | −9.54% | −25.61% | −63.03% | −208.08% | −304.50% | −338.23% |
| Net income | −$41.6M | −$44.3M | −$42.4M | −$27.6M | −$5.9M | −$47.8M |
| Net profit margin | −10.82% | −17.26% | −26.36% | −50.51% | −27.28% | −406.41% |
| Basic EPSper basic share | -$0.31 | -$0.41 | -$0.46 | -$0.40 | -$0.09 | — |
| Diluted EPSper diluted share | -$0.31 | -$0.41 | -$0.46 | -$0.40 | -$0.09 | — |
Reported shareholders
| Holder | % owned |
|---|---|
BlackRock, Inc. | 7.84%11.01M shares |
MORGAN STANLEY | 5.84%8.21M shares |
STATE STREET CORP | 4.54%6.37M shares |
VANGUARD CAPITAL MANAGEMENT LLC | 4.25%5.97M shares |
Invesco Ltd. | 3.95%5.55M shares |
GOLDMAN SACHS GROUP INC | 3.82%5.36M shares |
SOROS FUND MANAGEMENT LLC | 3.81%5.35M shares |
SIR Capital Management, L.P. | 3.10%4.35M shares |
Pictet Asset Management Holding SA | 2.92%4.1M shares |
CIBC Bancorp USA Inc. | 2.85%4.01M shares |
VANGUARD PORTFOLIO MANAGEMENT LLC | 2.77%3.88M shares |
GEODE CAPITAL MANAGEMENT, LLC | 2.61%3.66M shares |
Qube Research & Technologies Ltd | 2.16%3.04M shares |
MILLENNIUM MANAGEMENT LLC | 1.61%2.26M shares |
NORGES BANK | 1.48%2.08M shares |
J. Goldman & Co LP | 1.35%1.9M shares |
GMT Capital Corp | 0.98%1.38M shares |
UBS Group AG | 0.94%1.32M shares |
FEDERATED HERMES, INC. | 0.90%1.26M shares |
MARSHALL WACE, LLP | 0.85%1.19M shares |
Percentages use 140.39M 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 20, 2025Form 4 | KISH DENNIS GPresident | SellClass A Common Stock | 73.2K | $3.69 | $270.2K | 72.3K |
| May 19, 2025Form 4 | KISH DENNIS GPresident | SellClass A Common Stock | 46.8K | $3.75 | $175.4K | 145.5K |
| Feb 3, 2025Form 4 | KISH DENNIS GPresident | SellClass A Common Stock | 44.2K | $3.41 | $150.7K | 96.0K |
| Jan 3, 2025Form 4/A | KISH DENNIS GPresident | SellClass A Common Stock | 17.4K | $4.32 | $75.1K | 61.3K |
| Jan 3, 2025Form 4 | KISH DENNIS GPresident | SellClass A Common Stock | 17.4K | $4.32 | $75.1K | 13.7K |