Revenue
2022
2023
2024
2025
| 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| Revenue | $0 | $93,000 | $120,000 | $0 |
| Gross profit | $0 | $43,000 | $43,000 | $0 |
| Gross margin | — | 46.24% | 35.83% | — |
| Research & development | $74.5M | $70.5M | $38.0M | $34.4M |
| Operating expenses | $96.8M | $93.6M | $50.9M | $49.4M |
| Operating income | −$96.8M | −$93.5M | −$50.8M | −$49.4M |
| Operating margin | — | −100,570.97% | −42,363.33% | — |
| EBITDA | −$95.7M | −$92.9M | −$50.5M | −$48.9M |
| EBITDA margin | — | −99,843.01% | −42,125.00% | — |
| Net income | −$141.0M | −$68.7M | −$77.1M | −$46.5M |
| Net profit margin | — | −73,864.52% | −64,242.50% | — |
| Basic EPSper basic share | -$1.86 | -$1.62 | -$45.29 | -$1.34 |
| Diluted EPSper diluted share | -$1.86 | -$1.62 | -$45.29 | -$1.34 |
Reported shareholders
| Holder | % owned |
|---|---|
Nantahala Capital Management, LLC | 14.23%22.58M shares |
Royan Ajay | ≈4.07%6.45M shares |
Catalio Capital Management, LP | 3.89%6.17M shares |
VANGUARD CAPITAL MANAGEMENT LLC | 3.84%6.1M shares |
BANK OF AMERICA CORP /DE/ | 3.80%6.03M shares |
Pale Fire Capital SE | 3.15%5M shares |
General Catalyst Group Management, LLC | 3.08%4.88M shares |
Deer Management Co. LLC | 3.01%4.77M shares |
MAVERICK CAPITAL LTD | 2.51%3.97M shares |
M28 Capital Management LP | 1.17%1.86M shares |
BlackRock, Inc. | 1.14%1.8M shares |
Woodline Partners LP | 1.12%1.78M shares |
JANE STREET GROUP, LLC | 1.09%1.73M shares |
SILVERARC CAPITAL MANAGEMENT, LLC | 1.03%1.64M shares |
UBS Group AG | 1.00%1.58M shares |
CM Management, LLC | 0.88%1.4M shares |
GEODE CAPITAL MANAGEMENT, LLC | 0.83%1.32M shares |
Rajagopalan Harith | ≈0.72%1.14M shares |
Ikarian Capital, LLC | 0.69%1.1M shares |
MARSHALL WACE, LLP | 0.68%1.08M shares |
Percentages use 158.65M 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 |
|---|---|---|---|---|---|---|
| Jun 12, 2026Form 4 | Royan AjayDirector | BuyCommon Stock | 23.0K | $0.85 | $19.6K | 40.9K |
| Jun 10, 2026Form 4 | BRADLEY WILLIAMDirector | BuyCommon Stock | 68.5K | $0.73 | $50.0K | 84.6K |
| Jun 10, 2026Form 4 | Sheffield IanDirector | BuyCommon Stock | 35.0K | $0.73 | $25.6K | 35.0K |
| Jun 10, 2026Form 4 | Rajagopalan HarithChief Executive Officer | BuyCommon Stock | 25.0K | $0.73 | $18.3K | 540.6K |
| Jun 8, 2026Form 4 | Smith Weber LaraChief Financial Officer | BuyCommon Stock | 20.0K | $0.69 | $13.8K | 20.0K |