Revenue
2022
2023
2024
2025
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $6.5M | $0 | $0 | $0 | — | — | — | — | — |
| Research & development | — | $1.4M | $2.3M | $2.2M | $1.0M | $2.2M | $2.0M | — | — |
| Operating expenses | $240.0M | $4.4M | $13.5M | $17.9M | $15.6M | $5.6M | $20.9M | — | — |
| Operating income | −$233.4M | −$4.4M | −$13.5M | −$17.9M | −$15.6M | −$5.6M | −$20.9M | −$599,075 | −$343,884 |
| Operating margin | −3,565.76% | — | — | — | — | — | — | — | — |
| EBITDA | −$440.5M | −$4.4M | −$13.4M | −$39.5M | — | — | — | — | — |
| EBITDA margin | −6,727.89% | — | — | — | — | — | — | — | — |
| Net income | −$450.5M | −$14.2M | −$19.9M | −$38.7M | −$20.3M | −$10.9M | −$25.4M | $1.0M | $123,764 |
| Net profit margin | −6,881.33% | — | — | — | — | — | — | — | — |
| Basic EPSper basic share | -$54.32 | -$28.56 | -$525.90 | -$3,871.80 | -$2,462.40 | -$2,508.00 | -$76.00 | $950.00 | $152.00 |
| Diluted EPSper diluted share | -$54.32 | -$28.56 | -$525.90 | -$3,871.80 | -$2,462.40 | -$2,508.00 | -$76.00 | $266.00 | $38.00 |
Reported shareholders
| Holder | % owned |
|---|---|
Rudisill McAndrew | ≈14.70%1.94M shares |
Jordan Blair | ≈12.78%1.69M shares |
Lomashuk Konstantin | ≈11.26%1.49M shares |
ELRAY RESOURCES, INC. | ≈9.99%1.32M shares |
Stokes Family Office, LLC | 7.25%958.28K shares |
Vise Technologies, Inc. | 6.49%857.14K shares |
CITADEL ADVISORS LLC | 3.13%413.55K shares |
Saba Capital Management, L.P. | 2.81%371.56K shares |
Saunders John Tazewell | ≈2.71%358.59K shares |
VANGUARD CAPITAL MANAGEMENT LLC | 2.29%302.06K shares |
BlackRock, Inc. | 2.28%301.34K shares |
New Jason Griffin | ≈2.26%298.52K shares |
Smith Ryan Lewis | ≈1.83%241.92K shares |
SUCKLING ANDREW P | ≈1.83%241.92K shares |
Heter Crystal Jane | ≈1.83%241.92K shares |
Dalton Angela | ≈1.54%203.56K shares |
Edwards Michael A | ≈1.54%203.56K shares |
GEODE CAPITAL MANAGEMENT, LLC | 1.36%179.98K shares |
UBS Group AG | 1.28%169.66K shares |
GOLDMAN SACHS GROUP INC | 1.26%167.05K shares |
Percentages use 13.21M 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 |
|---|---|---|---|---|---|---|
| Aug 11, 2025Form 4 | ELRAY RESOURCES, INC.Other | SellCommon Stock | 405.1K | $3.17 | $1.28M | 1.32M |
| Aug 8, 2025Form 4 | ELRAY RESOURCES, INC.Other | SellCommon Stock | 777.6K | $3.18 | $2.47M | 1.73M |
| Aug 7, 2025Form 4 | ELRAY RESOURCES, INC.Other | SellCommon Stock | 135.3K | $3.56 | $481.5K | 2.50M |
| Jul 27, 2025Form 4 | ELRAY RESOURCES, INC.Other | SellCommon Stock | 1.68M | $3.00 | $5.04M | 2.64M |