Revenue
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 | 2006 | 2005 | 2004 | 2003 | 2002 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.5M | $4.0M | $0 | $81,526 | $385,501 | $1.8M | $1.2M | $963,203 | $1.1M | $828,918 | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Research & development | $18.1M | $23.7M | $20.7M | $9.1M | $15.6M | $2.4M | $1.9M | $1.9M | $2.0M | $2.0M | $1.7M | $1.8M | $2.9M | $3.0M | $4.3M | $4.8M | $4.1M | — | — | — | — | — | — | — |
| Operating expenses | $24.1M | $29.1M | $26.7M | $14.1M | $19.1M | $4.6M | $3.5M | $3.5M | $3.2M | $4.1M | $3.1M | $3.6M | $4.7M | $4.8M | $7.2M | $8.0M | $7.0M | — | — | — | — | — | — | — |
| Operating income | −$21.6M | −$25.1M | −$26.7M | −$14.0M | −$18.7M | −$2.8M | −$2.4M | −$2.6M | −$2.2M | −$3.3M | −$2.7M | −$2.7M | −$2.3M | −$2.1M | −$2.3M | −$2.8M | −$3.3M | — | — | — | — | — | — | — |
| Operating margin | −869.34% | −635.83% | — | −17,207.47% | −4,862.72% | −154.46% | −201.76% | −266.06% | −202.22% | −394.90% | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| EBITDA | −$21.6M | −$25.0M | −$26.7M | −$14.0M | −$18.7M | −$2.8M | −$2.4M | −$2.5M | −$2.1M | −$3.2M | −$2.7M | −$2.7M | −$2.2M | −$2.0M | −$2.2M | −$2.7M | −$3.2M | — | — | — | — | — | — | — |
| EBITDA margin | −866.57% | −633.42% | — | −17,138.43% | −4,852.72% | −153.38% | −201.05% | −264.01% | −199.62% | −391.42% | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Net income | −$21.5M | −$25.0M | −$26.0M | −$14.0M | −$18.6M | −$3.0M | −$2.4M | −$2.6M | −$2.2M | −$3.3M | −$2.7M | −$2.7M | −$2.3M | −$2.1M | −$2.3M | −$2.7M | −$3.3M | −$3.7M | −$4.2M | −$584,166 | −$1.6M | −$2.4M | −$947,804 | −$618,137 |
| Net profit margin | −862.34% | −631.98% | — | −17,198.35% | −4,817.19% | −162.21% | −201.60% | −265.79% | −201.82% | −394.70% | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Basic EPSper basic share | -$22.40 | -$120.46 | -$357.25 | -$309.75 | -$1,140.00 | -$802.50 | -$293.20 | -$150.00 | -$225.00 | -$600.00 | -$600.00 | -$750.00 | -$825.00 | -$900.00 | -$1,125.00 | -$1,350.00 | -$1,650.00 | — | — | — | — | — | — | — |
| Diluted EPSper diluted share | -$22.40 | -$120.46 | -$357.25 | -$311.25 | -$1,140.00 | -$802.50 | -$293.20 | -$150.00 | -$225.00 | -$600.00 | -$600.00 | -$750.00 | -$825.00 | -$900.00 | -$1,125.00 | -$1,350.00 | -$1,650.00 | — | — | — | — | — | — | — |
Reported shareholders
| Holder | % owned |
|---|---|
JANE STREET GROUP, LLC | 4.28%315.28K shares |
HRT FINANCIAL LP | 1.72%126.7K shares |
DODD DAVID A | ≈0.50%36.66K shares |
SPENCER JOHN N JR | ≈0.29%21.4K shares |
GEODE CAPITAL MANAGEMENT, LLC | 0.29%21.11K shares |
Reynolds Mark | ≈0.19%14.01K shares |
TWO SIGMA SECURITIES, LLC | 0.14%10.68K shares |
Sharkey John W. | ≈0.08%6.19K shares |
VANGUARD FIDUCIARY TRUST CO | 0.07%5.07K shares |
Tower Research Capital LLC (TRC) | 0.05%3.5K shares |
McKee Kelly T. Jr. | ≈0.05%3.49K shares |
VANGUARD CAPITAL MANAGEMENT LLC | 0.04%3.22K shares |
SBI Securities Co., Ltd. | 0.04%2.59K shares |
MORGAN STANLEY | 0.03%2K shares |
JONES FINANCIAL COMPANIES LLLP | 0.01%1K shares |
UBS Group AG | 0.01%944 shares |
BlackRock, Inc. | 0.01%842 shares |
CITIGROUP INC | <0.01%230 shares |
WELLS FARGO & COMPANY/MN | <0.01%30 shares |
DANSKE BANK A/S | <0.01%3 shares |
Percentages use 7.37M 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 |
|---|---|---|---|---|---|---|
| Oct 17, 2025Form 4 | SPENCER JOHN N JRDirector | BuyCommon Stock | 10.0K | $0.55 | $5.5K | 21.4K |
| Aug 7, 2025Form 4 | McKee Kelly T. Jr.Chief Medical Officer | BuyCommon Stock | 1.1K | $0.67 | $741.69 | 3.5K |
| Apr 10, 2025Form 4 | SPENCER JOHN N JRDirector | BuyCommon Stock | 10.0K | $0.98 | $9.8K | 11.4K |
| Apr 10, 2025Form 4 | Sharkey John W.VP, Business Development | BuyCommon Stock | 6.0K | $0.99 | $5.9K | 6.2K |
| Apr 1, 2025Form 4 | DODD DAVID APresident, CEO | BuyCommon Stock | 10.0K | $1.08 | $10.8K | 36.7K |