Revenue
2010
2011
2012
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $767,000 | $7,000 | $98,000 | $13,000 | $81,000 | $102,000 | $36,000 | $57,000 | $244,000 | $0 | $42,000 | $65,000 | $820,000 | $3.3M | $3.6M | $3.4M |
| Gross profit | $571,000 | $2,000 | $36,000 | −$68,000 | $20,000 | $143,000 | −$34,000 | −$32,000 | −$286,000 | $112,000 | $27,000 | −$133,000 | −$252,000 | −$45,000 | −$81,000 | $3.4M |
| Gross margin | 74.45% | 28.57% | 36.73% | −523.08% | 24.69% | 140.20% | −94.44% | −56.14% | −117.21% | — | 64.29% | −204.62% | −30.73% | −1.35% | −2.25% | 100.00% |
| Research & development | $469,000 | $526,000 | $228,000 | $77,000 | $69,000 | $143,000 | $122,000 | $244,000 | $334,000 | $733,000 | $1.5M | $2.8M | $2.7M | $3.2M | $2.8M | $1.8M |
| Operating expenses | $2.9M | $2.1M | $3.5M | $3.3M | $2.4M | $1.2M | $903,000 | $1.5M | $2.8M | $3.9M | $6.3M | $8.6M | $7.2M | $7.6M | $10.3M | $5.0M |
| Operating income | −$2.4M | −$2.1M | −$3.5M | −$3.3M | −$2.4M | −$1.1M | −$937,000 | −$1.5M | −$3.1M | −$3.8M | −$6.2M | −$8.7M | −$6.6M | −$4.3M | −$6.8M | −$1.6M |
| Operating margin | −309.26% | −30,114.29% | −3,527.55% | −25,638.46% | −2,916.05% | −1,031.37% | −2,602.78% | −2,715.79% | −1,279.10% | — | −14,826.19% | −13,336.92% | −805.61% | −128.25% | −187.82% | −48.19% |
| EBITDA | −$2.4M | −$2.1M | −$3.4M | −$3.3M | −$2.3M | −$1.1M | −$916,000 | −$1.5M | −$2.9M | −$2.6M | −$5.2M | −$7.4M | −$6.1M | −$3.9M | −$6.7M | −$1.6M |
| EBITDA margin | −307.95% | −29,985.71% | −3,518.37% | −25,607.69% | −2,813.58% | −1,031.37% | −2,544.44% | −2,668.42% | −1,191.80% | — | −12,316.67% | −11,429.23% | −749.39% | −117.44% | −186.88% | −47.98% |
| Net income | −$3.2M | −$2.4M | −$3.5M | −$4.3M | −$2.1M | −$279,000 | −$1.9M | $1.0M | −$10.7M | −$4.0M | −$6.9M | −$9.9M | −$7.2M | −$4.4M | −$6.6M | −$2.8M |
| Net profit margin | −416.69% | −34,528.57% | −3,560.20% | −33,392.31% | −2,555.56% | −273.53% | −5,336.11% | 1,782.46% | −4,383.61% | — | −16,433.33% | −15,204.62% | −879.88% | −130.41% | −184.71% | −84.60% |
| Basic EPSper basic share | -$0.04 | -$0.05 | -$0.07 | -$0.15 | -$0.18 | -$0.04 | -$0.58 | $1.95 | $997.64 | -$24.62 | -$7.42 | -$13.02 | -$0.16 | -$0.08 | -$140.00 | -$0.12 |
| Diluted EPSper diluted share | -$0.04 | -$0.05 | -$0.07 | -$0.15 | -$0.18 | -$0.04 | -$0.58 | $0.01 | $0.00 | -$24.62 | -$7.42 | -$13.02 | -$0.16 | -$0.08 | -$140.00 | -$0.12 |
Reported shareholders
Reported holdings Number of shares
| Holder | Shares held |
|---|---|
Imhoff John E | 21.25M |
Blumberg Richard P. | 10.39M |
Grujic Alan | 1.82M |
JAMES MICHAEL C | 653.5K |
Bars compare reported share counts. A matching total for this share class and reporting period is unavailable, so percentages are not shown.
| Transaction | Insider | Type | Shares | Price | Value | Owned after |
|---|---|---|---|---|---|---|
| Aug 29, 2025Form 4 | Grujic AlanDirector | BuyCommon Stock | 152.1K | — | — | 1.82M |
| Aug 29, 2025Form 4 | Grujic AlanDirector | BuyWarrants · derivative | 152.1K | — | — | 177.1K |
| Aug 29, 2025Form 4 | Imhoff John EDirector,TenPercentOwner | BuyCommon Stock | 166.7K | $0.18 | $30.0K | 19.46M |
| Aug 29, 2025Form 4 | Imhoff John EDirector,TenPercentOwner | BuyWarrants · derivative | 166.7K | — | — | 191.7K |
| Aug 29, 2025Form 4 | JAMES MICHAEL CDirector | BuyCommon Stock | 27.8K | $0.18 | $5.0K | 553.5K |