Revenue
2014
2015
2016
2017
2018
2019
2022
2023
2024
2025
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | $0 | — | — | $208,000 | $43,488 | $589,462 | $611,689 | $143,167 | $59,775 | — | — | — | — | — | — | — | — | — | — | — | — |
| Research & development | $9.8M | $9.5M | $4.7M | $2.0M | $1.8M | $1.5M | $1.6M | $3.0M | $3.2M | $2.9M | $2.3M | $1.8M | $2.0M | $1.9M | $1.8M | $934,056 | $1.0M | — | — | — | — | — | — | — |
| Operating expenses | $16.1M | $14.5M | $7.1M | $4.4M | $4.0M | $3.1M | $3.7M | $6.6M | $11.2M | $6.3M | $4.8M | $3.7M | — | — | — | — | — | — | — | — | — | — | — | — |
| Operating income | −$16.1M | −$14.5M | −$7.1M | −$4.4M | −$4.0M | −$3.1M | $3.5M | −$6.5M | $10.6M | −$5.7M | −$4.7M | −$3.6M | −$3.0M | −$2.8M | −$2.3M | −$1.4M | −$1.2M | — | — | — | — | — | — | — |
| Operating margin | — | — | — | — | — | — | 1,685.58% | −15,035.41% | 1,794.15% | −924.63% | −3,251.69% | −6,034.90% | — | — | — | — | — | — | — | — | — | — | — | — |
| EBITDA | −$16.0M | −$14.5M | −$7.1M | −$4.4M | −$4.0M | −$3.1M | $3.6M | −$6.5M | $10.6M | −$5.6M | −$4.6M | −$3.6M | −$3.0M | −$2.7M | −$2.3M | −$1.3M | −$1.1M | — | — | — | — | — | — | — |
| EBITDA margin | — | — | — | — | — | — | 1,710.10% | −14,900.23% | 1,805.67% | −914.89% | −3,220.34% | −5,976.87% | — | — | — | — | — | — | — | — | — | — | — | — |
| Net income | −$19.4M | −$22.6M | −$7.1M | −$4.4M | −$4.1M | −$2.7M | $3.5M | −$6.7M | $10.3M | −$5.4M | −$5.8M | $3.0M | −$9.8M | −$2.8M | −$2.4M | −$2.8M | −$1.2M | −$1.5M | −$1.6M | −$1.3M | −$1.1M | −$288,233 | −$350,290 | −$63,293 |
| Net profit margin | — | — | — | — | — | — | 1,690.38% | −15,442.01% | 1,752.24% | −884.39% | −4,080.67% | 4,986.07% | — | — | — | — | — | — | — | — | — | — | — | — |
| Basic EPSper basic share | $31.22 | $4,037.96 | $2,016.62 | $1,711.00 | $1,534.00 | -$1.53 | -$1.53 | -$363.19 | -$143.29 | -$82.75 | -$88.12 | $28.35 | -$149.42 | -$39.84 | -$35.25 | -$53.64 | $10.76 | — | — | — | — | — | — | — |
| Diluted EPSper diluted share | $31.22 | $4,037.96 | $2,016.62 | $1,711.00 | $1,534.00 | $1,121.00 | -$1.53 | -$363.19 | -$143.29 | -$82.75 | -$88.12 | $28.35 | -$149.42 | -$39.84 | -$35.25 | -$53.64 | $10.76 | — | — | — | — | — | — | — |
Reported shareholders
| Holder | % owned |
|---|---|
HRT FINANCIAL LP | 3.28%205.44K shares |
JANE STREET GROUP, LLC | 2.05%128.46K shares |
CITADEL ADVISORS LLC | 1.27%79.53K shares |
Ikarian Capital, LLC | 0.73%45.83K shares |
GEODE CAPITAL MANAGEMENT, LLC | 0.55%34.21K shares |
Virtu Financial LLC | 0.30%18.73K shares |
GRANITE ISLANDS PRIVATE WEALTH, LLC | 0.25%15.7K shares |
BOOTHBAY FUND MANAGEMENT, LLC | 0.22%13.53K shares |
UBS Group AG | 0.21%13.34K shares |
CITIGROUP INC | 0.21%12.87K shares |
SUSQUEHANNA INTERNATIONAL GROUP, LLP | 0.17%10.55K shares |
Balo Andrew K | ≈0.07%4.69K shares |
Malave Luis | ≈0.06%4.06K shares |
ALERUS FINANCIAL NA | 0.06%4K shares |
Tower Research Capital LLC (TRC) | 0.05%3.44K shares |
Carter Erin Catherine | ≈0.03%2.15K shares |
Fischell Robert | ≈0.03%2.05K shares |
Danzig Allen | ≈0.03%1.92K shares |
BARCLAYS PLC | 0.02%1.26K shares |
PlanVest Financial, Inc | 0.02%1K shares |
Percentages use 6.26M 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 |
|---|---|---|---|---|---|---|
| Jul 30, 2024Form 4 | John A. Ballantyne Revocable Living Trust dated 08/01/2017TenPercentOwner | BuyWarrants to Purchase Common Stock · derivative | 59.3K | — | — | 59.3K |
| Jul 30, 2024Form 4 | John A. Ballantyne Revocable Living Trust dated 08/01/2017TenPercentOwner | BuyWarrants to Purchase Common Stock · derivative | 76.2K | — | — | 76.2K |
| Jul 30, 2024Form 4 | John A. Ballantyne Revocable Living Trust dated 08/01/2017TenPercentOwner | BuyWarrants to Purchase Common Stock · derivative | 106.7K | — | — | 106.7K |
| Jul 30, 2024Form 4 | BALLANTYNE JOHNDirector,TenPercentOwner | BuyWarrants to Purchase Common Stock · derivative · indirect | 59.3K | — | — | 59.3K |
| Jul 30, 2024Form 4 | BALLANTYNE JOHNDirector,TenPercentOwner | BuyWarrants to Purchase Common Stock · derivative · indirect | 76.2K | — | — | 76.2K |