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 | 2011 | 2010 | 2009 | 2008 | 2007 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $61.2M | $55.1M | $59.7M | $71.0M | $63.1M | $44.5M | $34.9M | $23.4M | $15.5M | $16.5M | $863,000 | $0 | $0 | — | — | — | — | — | — |
| Gross profit | $40.3M | $34.3M | $36.8M | $40.2M | $31.1M | $29.9M | $24.4M | $17.3M | $11.9M | $15.7M | $863,000 | — | — | — | — | — | — | — | — |
| Gross margin | 65.83% | 62.13% | 61.63% | 56.65% | 49.18% | 67.23% | 69.84% | 73.80% | 76.43% | 95.21% | 100.00% | — | — | — | — | — | — | — | — |
| Research & development | $11.9M | $56.6M | $101.7M | $134.2M | $113.2M | $61.3M | $6.1M | $83.3M | $48.3M | $35.1M | $29.8M | $10.2M | $25.7M | $17.5M | $8.6M | $8.3M | $2.3M | — | — |
| Operating expenses | $110.5M | $144.6M | $179.1M | $243.8M | $219.6M | $124.2M | $135.2M | $146.9M | $107.0M | $82.2M | $51.4M | $20.7M | $35.8M | — | — | — | — | — | — |
| Operating income | −$70.2M | −$110.4M | −$142.3M | −$203.6M | −$188.5M | −$94.3M | −$110.8M | −$120.0M | −$89.8M | −$65.7M | −$50.5M | −$20.7M | −$35.8M | −$27.2M | −$35.0M | −$9.2M | −$2.6M | — | — |
| Operating margin | −114.67% | −200.20% | −238.58% | −286.73% | −298.64% | −211.70% | −317.34% | −513.33% | −578.58% | −398.73% | −5,855.27% | — | — | — | — | — | — | — | — |
| EBITDA | −$65.6M | −$105.9M | −$136.3M | −$196.2M | −$185.9M | −$90.6M | −$107.7M | −$118.6M | −$88.6M | −$64.8M | −$50.5M | −$20.6M | −$35.8M | −$27.2M | −$35.0M | −$9.2M | −$2.6M | — | — |
| EBITDA margin | −107.06% | −192.10% | −228.53% | −276.33% | −294.47% | −203.39% | −308.48% | −507.38% | −571.08% | −393.00% | −5,852.26% | — | — | — | — | — | — | — | — |
| Net income | $6.8M | −$46.0M | −$60.6M | −$86.6M | −$64.7M | −$46.5M | −$40.0M | −$84.1M | −$66.9M | −$55.1M | −$48.4M | −$20.4M | −$37.2M | −$27.6M | −$36.4M | −$10.0M | −$3.7M | −$3.8M | −$2.6M |
| Net profit margin | 11.13% | −83.43% | −101.63% | −121.95% | −102.49% | −104.48% | −114.43% | −359.97% | −430.90% | −334.31% | −5,611.59% | — | — | — | — | — | — | — | — |
| Basic EPSper basic share | -$0.07 | -$2.69 | -$8.47 | -$15.97 | -$11.84 | -$9.75 | -$10.94 | -$29.09 | -$24.14 | -$20.69 | -$18.59 | -$8.40 | -$18.29 | -$19.04 | -$82.61 | -$33.58 | -$15.14 | — | — |
| Diluted EPSper diluted share | -$0.07 | -$2.69 | -$8.47 | -$15.97 | -$11.84 | -$9.75 | -$10.94 | -$29.09 | -$24.14 | -$20.69 | -$18.59 | -$8.40 | -$18.29 | -$19.04 | -$82.61 | -$33.58 | -$15.14 | — | — |
Reported shareholders
| Holder | % owned |
|---|---|
ROSENWALD LINDSAY A MD | ≈13.77%4.59M shares |
WEISS MICHAEL S | ≈6.83%2.28M shares |
Jin David | ≈4.96%1.65M shares |
VANGUARD CAPITAL MANAGEMENT LLC | 3.11%1.04M shares |
Opaleye Management Inc. | 2.67%890K shares |
MACKENZIE FINANCIAL CORP | 1.67%555.68K shares |
GSA CAPITAL PARTNERS LLP | 1.38%458.47K shares |
SHIKIAR ASSET MANAGEMENT INC | 0.92%305.47K shares |
GEODE CAPITAL MANAGEMENT, LLC | 0.90%300.52K shares |
BlackRock, Inc. | 0.67%224.78K shares |
TWO SIGMA INVESTMENTS, LP | 0.64%213.79K shares |
LOBELL J JAY | ≈0.58%192.4K shares |
BRIDGEWAY CAPITAL MANAGEMENT, LLC | 0.53%177.37K shares |
VANGUARD FIDUCIARY TRUST CO | 0.50%166.37K shares |
Harvey Jimmie | ≈0.44%146.7K shares |
Klein Dov | ≈0.39%130.11K shares |
HB Wealth Management, LLC | 0.35%116.68K shares |
Kestra Advisory Services, LLC | 0.35%116.24K shares |
Hoenlein Malcolm | ≈0.35%115.75K shares |
ACADIAN ASSET MANAGEMENT LLC | 0.32%107.3K shares |
Percentages use 33.31M 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 23, 2024Form 4 | ROSENWALD LINDSAY A MDPRESIDENT, CEO & CHAIRMAN | BuyCommon stock, par value $0.001 | 763.4K | $1.84 | $1.40M | 3.66M |
| Sep 23, 2024Form 4 | ROSENWALD LINDSAY A MDPRESIDENT, CEO & CHAIRMAN | BuyWarrants to Purchase Common Stock · derivative | 763.4K | $0.13 | $99.2K | 763.4K |
| Jul 11, 2024Form 4 | ROSENWALD LINDSAY A MDPresident, CEO & Chairman | BuySERIES A CUMULATIVE PERPETUAL PREFERRED STOCK | 5.0K | $7.48 | $37.4K | 127.5K |
| Jul 10, 2024Form 4 | Jin DavidChief Financial Officer | BuySERIES A CUMULATIVE PERPETUAL PREFERRED STOCK | 500 | $7.50 | $3.8K | 500 |
| Jul 9, 2024Form 4 | ROSENWALD LINDSAY A MDPresident, CEO & Chairman | BuySERIES A CUMULATIVE PERPETUAL PREFERRED STOCK | 5.0K | $7.39 | $37.0K | 122.5K |