Revenue
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 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $272.3M | $199.6M | $130.2M | $88.6M | $72.5M | $48.9M | $51.2M | $41.4M | $26.8M | $19.9M | $9.7M | $1.7M | $10,000 | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Gross profit | $204.4M | $150.4M | $90.6M | $63.2M | $54.3M | $34.4M | $34.4M | $24.9M | $13.3M | $10.1M | $4.5M | $567,000 | $10,000 | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Gross margin | 75.05% | 75.33% | 69.55% | 71.35% | 74.87% | 70.41% | 67.26% | 60.07% | 49.56% | 50.70% | 46.42% | 34.16% | 100.00% | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Research & development | $20.9M | $12.2M | $6.7M | $3.0M | $11.1M | $2.4M | $2.1M | $825,000 | $413,000 | $739,000 | $332,000 | $237,000 | $1.6M | $1.3M | $111,554 | $194,588 | — | — | — | — | — | — | — | — | — | — | — |
| Operating expenses | $173.9M | $141.5M | $90.1M | $61.3M | $52.6M | $34.0M | $39.2M | $30.1M | $25.4M | $26.0M | $19.3M | $10.7M | $7.7M | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Operating income | $30.5M | $8.8M | $431,000 | $1.9M | $1.6M | $385,000 | −$4.8M | −$5.2M | −$12.2M | −$15.9M | −$14.8M | −$10.1M | −$7.7M | −$4.2M | −$939,228 | −$2.5M | — | — | — | — | — | — | — | — | — | — | — |
| Operating margin | 11.21% | 4.42% | 0.33% | 2.17% | 2.23% | 0.79% | −9.37% | −12.61% | −45.43% | −79.64% | −152.55% | −611.27% | −76,868.79% | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| EBITDA | $31.8M | $10.1M | $1.5M | $3.2M | $3.2M | $2.1M | −$2.9M | −$3.6M | −$10.8M | −$14.8M | −$14.6M | −$10.1M | −$7.7M | −$4.2M | −$938,890 | −$2.5M | — | — | — | — | — | — | — | — | — | — | — |
| EBITDA margin | 11.69% | 5.06% | 1.14% | 3.58% | 4.41% | 4.27% | −5.59% | −8.72% | −40.20% | −74.35% | −149.93% | −609.04% | −76,812.20% | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Net income | −$5.1M | −$17.5M | −$24.4M | −$14.1M | −$18.0M | −$3.4M | $168,000 | $14.6M | −$12.0M | −$19.1M | −$15.9M | −$10.1M | −$7.6M | −$5.4M | −$953,936 | −$2.5M | −$4.6M | −$3.3M | −$4.3M | −$584,232 | −$539,622 | −$508,226 | −$207,196 | −$228,217 | −$208,420 | −$213,092 | −$204,000 |
| Net profit margin | −1.89% | −8.76% | −18.75% | −15.90% | −24.85% | −6.87% | 0.33% | 35.35% | −44.76% | −95.71% | −163.64% | −609.52% | −76,431.24% | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Basic EPSper basic share | -$0.14 | -$0.49 | -$0.75 | -$0.51 | -$0.69 | -$0.13 | $0.01 | $0.67 | -$0.60 | -$1.50 | -$1.66 | -$1.11 | -$0.88 | -$1.24 | -$2.65 | -$6.40 | — | — | — | — | — | — | — | — | — | — | — |
| Diluted EPSper diluted share | -$0.14 | -$0.49 | -$0.75 | -$0.51 | -$0.69 | -$0.13 | $0.01 | $0.61 | -$0.60 | -$1.50 | -$1.66 | -$1.11 | -$0.88 | -$1.24 | -$2.65 | -$6.40 | — | — | — | — | — | — | — | — | — | — | — |
Reported shareholders
| Holder | % owned |
|---|---|
BAUM MARK L | ≈7.99%3M shares |
BlackRock, Inc. | 7.31%2.74M shares |
Opaleye Management Inc. | 6.40%2.4M shares |
Private Capital Management, LLC | 4.27%1.6M shares |
VANGUARD CAPITAL MANAGEMENT LLC | 3.78%1.42M shares |
Deep Track Capital, LP | 2.59%969K shares |
STATE STREET CORP | 2.51%939.89K shares |
GEODE CAPITAL MANAGEMENT, LLC | 2.42%905.56K shares |
BOLL ANDREW R. | ≈2.17%814.68K shares |
BAMCO INC /NY/ | 2.16%809.35K shares |
DIMENSIONAL FUND ADVISORS LP | 1.78%667.04K shares |
Jupiter Topco LLC | 1.54%579.13K shares |
SAHAREK JOHN P. | ≈1.25%467.39K shares |
Divisadero Street Capital Management, LP | 1.17%439.16K shares |
RICE HALL JAMES & ASSOCIATES, LLC | 1.03%387.55K shares |
MARSHALL WACE, LLP | 0.99%369.44K shares |
CITADEL ADVISORS LLC | 0.96%359.87K shares |
NORTHERN TRUST CORP | 0.86%323.21K shares |
Schonfeld Strategic Advisors LLC | 0.85%319.63K shares |
VANGUARD PORTFOLIO MANAGEMENT LLC | 0.85%318.61K shares |
Percentages use 37.48M 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 |
|---|---|---|---|---|---|---|
| May 18, 2026Form 4 | Graves Adrienne LDirector | BuyCommon Stock | 1.0K | $31.07 | $31.1K | 1.0K |
| May 18, 2026Form 4 | SILVERNAIL LAUREN PDirector | BuyCommon Stock | 1.0K | $31.00 | $31.0K | 1.0K |
| May 14, 2026Form 4 | BAUM MARK LCHIEF EXECUTIVE OFFICER | BuyCommon Stock | 10.0K | $30.20 | $302.0K | 3.00M |
| May 14, 2026Form 4 | BOLL ANDREW R.PRESIDENT AND CFO | BuyCommon Stock | 3.5K | $29.90 | $104.7K | 814.7K |
| Mar 4, 2026Form 4 | Opaleye Management Inc.TenPercentOwner | SellCommon Stock, par value $0.001 per share · indirect | 4.3K | $39.67 | $169.1K | 59.4K |