Revenue
2017
2018
2019
2020
2021
2022
2023
2024
2025
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $311.1M | $306.6M | $295.9M | $276.2M | $241.9M | $188.8M | $154.9M | $112.6M | $73.1M |
| Gross profit | $151.7M | $140.8M | $131.8M | $133.2M | $117.6M | $90.8M | $79.6M | $52.7M | $29.4M |
| Gross margin | 48.75% | 45.92% | 44.55% | 48.21% | 48.60% | 48.06% | 51.37% | 46.83% | 40.28% |
| Research & development | $49.8M | $58.0M | $72.6M | $75.7M | $62.7M | $53.5M | $46.3M | $38.6M | $28.5M |
| Operating expenses | $312.5M | $210.6M | $258.7M | $273.2M | $261.2M | $186.9M | $134.5M | $112.8M | $75.0M |
| Operating income | −$160.9M | −$69.8M | −$126.9M | −$140.0M | −$143.7M | −$96.1M | −$54.9M | −$60.1M | −$45.5M |
| Operating margin | −51.70% | −22.77% | −42.88% | −50.68% | −59.38% | −50.90% | −35.41% | −53.38% | −62.31% |
| EBITDA | −$110.4M | −$28.4M | −$84.7M | −$91.7M | −$106.1M | −$77.4M | −$45.7M | −$52.7M | −$39.6M |
| EBITDA margin | −35.47% | −9.26% | −28.61% | −33.20% | −43.87% | −40.99% | −29.46% | −46.80% | −54.25% |
| Net income | −$178.0M | −$69.5M | −$118.1M | −$137.4M | −$153.2M | −$115.0M | −$60.1M | −$62.0M | −$47.0M |
| Net profit margin | −57.20% | −22.67% | −39.92% | −49.74% | −63.33% | −60.91% | −38.79% | −55.06% | −64.36% |
| Basic EPSper basic share | -$2.55 | -$1.15 | -$2.09 | -$2.56 | -$3.23 | -$2.91 | -$12.86 | -$23.76 | -$12.13 |
| Diluted EPSper diluted share | -$2.55 | -$1.15 | -$2.09 | -$2.63 | -$3.23 | -$2.91 | -$12.86 | -$23.76 | -$12.13 |
Reported shareholders
| Holder | % owned |
|---|---|
First Light Asset Management, LLC | 17.17%12.81M shares |
CDC Financial, Inc. | 9.51%7.09M shares |
Palogic Value Management, L.P. | 6.60%4.92M shares |
Impax Asset Management Group plc | 5.36%4M shares |
Nepsis Inc. | 3.99%2.98M shares |
VANGUARD CAPITAL MANAGEMENT LLC | 3.98%2.97M shares |
BlackRock, Inc. | 2.46%1.84M shares |
Albert Benjamin | ≈1.91%1.42M shares |
Burton Daniel D. | ≈1.87%1.39M shares |
JANE STREET GROUP, LLC | 1.39%1.04M shares |
DIMENSIONAL FUND ADVISORS LP | 1.22%911.82K shares |
GEODE CAPITAL MANAGEMENT, LLC | 1.19%891.36K shares |
HighMark Wealth Management LLC | 1.17%871.08K shares |
Caption Management, LLC | 1.04%773.65K shares |
Mink Brook Asset Management LLC | 0.99%738.28K shares |
Alger Jason | ≈0.97%722.84K shares |
Prescott Group Capital Management, L.L.C. | 0.95%710.8K shares |
CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 0.83%615.5K shares |
HRT FINANCIAL LP | 0.77%572.22K shares |
MILLENNIUM MANAGEMENT LLC | 0.69%516.08K shares |
Percentages use 74.6M 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 |
|---|---|---|---|---|---|---|
| Dec 5, 2025Form 4 · 10b5-1 | Landry BenjaminGeneral Counsel | SellCommon Stock | 27.4K | $2.64 | $72.4K | 100.0K |
| Dec 4, 2025Form 4 | Larson-Green JulieDirector | SellCommon Stock | 48.0K | $2.67 | $128.2K | 73.6K |
| Sep 5, 2025Form 4 · 10b5-1 | Landry BenjaminGeneral Counsel | SellCommon Stock | 6.2K | $3.35 | $20.7K | 141.8K |
| Jun 5, 2025Form 4 · 10b5-1 | Landry BenjaminGeneral Counsel | SellCommon Stock | 6.1K | $3.94 | $23.9K | 151.1K |
| May 5, 2025Form 4 · 10b5-1 | LeSueur DanielChief Operating Officer | SellCommon Stock | 5.2K | $4.10 | $21.4K | 205.8K |