Revenue
2019
2020
2021
2022
2023
2024
2025
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|
| Revenue | $420.5M | $335.2M | $345.2M | $413.0M | $330.2M | $176.8M | $111.2M |
| Gross profit | $34.2M | $28.3M | $28.3M | $40.7M | — | $10.4M | $5.9M |
| Gross margin | 8.13% | 8.43% | 8.20% | 9.86% | — | 5.89% | 5.35% |
| Research & development | $7.3M | $6.6M | $6.3M | $7.7M | $3.9M | $372,000 | — |
| Operating expenses | $47.7M | $48.2M | $368.5M | $439.7M | $346.3M | $178.1M | $9.9M |
| Operating income | −$15.6M | −$23.5M | −$23.3M | −$26.8M | −$16.1M | −$1.3M | −$4.0M |
| Operating margin | −3.71% | −7.00% | −6.74% | −6.48% | −4.88% | −0.72% | −3.59% |
| EBITDA | −$9.7M | −$18.0M | −$17.3M | −$21.4M | −$13.4M | −$1.1M | −$3.9M |
| EBITDA margin | −2.31% | −5.38% | −5.01% | −5.19% | −4.04% | −0.63% | −3.53% |
| Net income | −$20.3M | −$21.6M | −$24.0M | −$27.6M | −$12.5M | −$1.3M | −$4.1M |
| Net profit margin | −4.83% | −6.44% | −6.95% | −6.69% | −3.78% | −0.76% | −3.68% |
| Basic EPSper basic share | -$0.72 | -$1.07 | -$1.47 | -$1.73 | -$0.88 | -$0.12 | -$0.42 |
| Diluted EPSper diluted share | -$0.72 | -$1.07 | -$1.47 | -$1.73 | -$0.88 | -$0.12 | -$0.42 |
Reported shareholders
| Holder | % owned |
|---|---|
Harley Joshua | ≈9.28%3.14M shares |
Flanders Scott N | ≈4.93%1.67M shares |
Fregenal Marco | ≈4.66%1.57M shares |
Rothstein Adam | ≈2.70%913.05K shares |
VANGUARD CAPITAL MANAGEMENT LLC | 2.17%732.19K shares |
JANE STREET GROUP, LLC | 1.46%494.19K shares |
Vazirani Asset Management LLC | 1.17%394.27K shares |
Murray Stephen H. | ≈1.03%349.15K shares |
Veradace Capital Management LLC | 1.01%342K shares |
PRELUDE CAPITAL MANAGEMENT, LLC | 0.94%318.36K shares |
FNY Investment Advisers, LLC | 0.84%282.85K shares |
Zach Joanne | ≈0.75%252.51K shares |
GEODE CAPITAL MANAGEMENT, LLC | 0.65%218.36K shares |
AMG National Trust Bank | 0.61%207.59K shares |
NORTH STAR ASSET MANAGEMENT INC | 0.60%204.1K shares |
Hood David C. | ≈0.49%166K shares |
Venable Jennifer B. | ≈0.45%152.28K shares |
HRT FINANCIAL LP | 0.45%151.94K shares |
SUSQUEHANNA INTERNATIONAL GROUP, LLP | 0.42%140.33K shares |
Virtu Financial LLC | 0.32%108.87K shares |
Percentages use 33.79M 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 28, 2025Form 4/A | Harley JoshuaTenPercentOwner | SellCommon Stock | 92.4K | $2.38 | $219.9K | 3.14M |
| Aug 28, 2025Form 4 | Harley JoshuaTenPercentOwner | SellCommon Stock | 92.4K | $2.38 | $219.9K | 3.14M |
| Jul 23, 2025Form 4 | Harley JoshuaTenPercentOwner | SellCommon Stock | 1.1K | $1.49 | $1.6K | 3.23M |
| Jul 22, 2025Form 4 | Harley JoshuaTenPercentOwner | SellCommon Stock | 81.7K | $1.59 | $129.9K | 3.23M |
| Jul 21, 2025Form 4 | Harley JoshuaTenPercentOwner | SellCommon Stock | 50.7K | $1.46 | $74.0K | 3.31M |