Revenue
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2022
2023
2024
2025
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $263.5M | $164.1M | $1.2M | $0 | — | — | — | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | — |
| Gross profit | $90.3M | $70.8M | $156,000 | $0 | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Gross margin | 34.28% | 43.17% | 13.12% | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Research & development | $300.3M | $276.2M | $333.2M | $294.8M | $259.0M | $201.7M | $166.0M | $99.8M | $71.6M | $26.9M | $15.5M | $3.8M | $2.2M | $1.7M | $1.8M | $171,484 | $0 | — |
| Operating expenses | $666.9M | $559.3M | $461.7M | $398.9M | $342.7M | $261.9M | $206.9M | $128.3M | $92.9M | $53.6M | $27.9M | $12.0M | $22.6M | $8.1M | $21.2M | $815,413 | $15,772 | — |
| Operating income | −$403.4M | −$395.3M | −$460.6M | −$398.9M | −$342.7M | −$261.9M | −$206.9M | −$128.3M | −$92.9M | −$53.6M | −$27.9M | −$12.0M | −$22.6M | −$8.1M | −$21.2M | −$815,413 | −$15,772 | — |
| Operating margin | −153.08% | −240.92% | −38,734.99% | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| EBITDA | −$390.5M | −$384.0M | −$449.0M | −$389.6M | −$339.6M | −$260.8M | −$205.7M | −$127.3M | −$91.9M | −$52.7M | −$26.9M | −$12.0M | −$22.6M | −$8.1M | −$21.2M | −$756,816 | −$14,440 | — |
| EBITDA margin | −148.19% | −234.06% | −37,762.07% | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Net income | −$391.0M | −$372.2M | −$444.0M | −$395.9M | −$342.3M | −$259.6M | −$197.6M | −$123.6M | −$92.1M | −$52.9M | −$27.7M | −$12.0M | −$25.4M | −$3.3M | −$25.7M | −$1.6M | −$15,772 | −$58,716 |
| Net profit margin | −148.38% | −226.84% | −37,345.42% | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Basic EPSper basic share | -$1.09 | -$1.28 | -$1.89 | -$2.49 | -$2.23 | -$1.88 | -$1.59 | -$1.27 | -$1.41 | -$1.85 | -$0.62 | -$0.48 | -$3.47 | -$4.14 | -$34.00 | -$2.00 | $0.00 | — |
| Diluted EPSper diluted share | -$1.09 | -$1.28 | -$1.89 | -$2.49 | -$2.23 | -$1.88 | -$1.59 | -$1.27 | -$1.41 | -$1.85 | -$0.62 | -$0.48 | -$3.47 | -$4.14 | -$34.00 | -$2.00 | $0.00 | — |
Reported shareholders
| Holder | % owned |
|---|---|
BlackRock, Inc. | 8.16%36.96M shares |
MHR FUND MANAGEMENT LLC | 6.39%28.97M shares |
STATE STREET CORP | 5.40%24.48M shares |
TWO SIGMA INVESTMENTS, LP | 4.20%19.01M shares |
VANGUARD CAPITAL MANAGEMENT LLC | 4.02%18.2M shares |
VANGUARD PORTFOLIO MANAGEMENT LLC | 3.18%14.39M shares |
GEODE CAPITAL MANAGEMENT, LLC | 2.28%10.32M shares |
MILLENNIUM MANAGEMENT LLC | 1.88%8.53M shares |
DIMENSIONAL FUND ADVISORS LP | 1.43%6.46M shares |
Palo Alto Investors LP | 1.17%5.3M shares |
GOLDMAN SACHS GROUP INC | 1.13%5.1M shares |
Nuveen, LLC | 1.10%5M shares |
BANK OF AMERICA CORP /DE/ | 1.10%4.99M shares |
MORGAN STANLEY | 1.10%4.99M shares |
JUPITER ASSET MANAGEMENT LTD | 1.00%4.54M shares |
JANE STREET GROUP, LLC | 0.97%4.39M shares |
NORTHERN TRUST CORP | 0.92%4.15M shares |
AQR CAPITAL MANAGEMENT LLC | 0.85%3.87M shares |
WELLS FARGO & COMPANY/MN | 0.72%3.25M shares |
CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 0.71%3.22M shares |
Percentages use 452.97M shares of this listed class outstanding on Jun 30, 2026.
Gray completes the 100% scale. Reported positions may overlap; holders have different reporting dates.
| Transaction | Insider | Type | Shares | Price | Value | Owned after |
|---|---|---|---|---|---|---|
| Jun 5, 2025Form 4 | Kirby Daniel GordonChief Commercial Officer | BuyCommon Stock | 30.0K | $1.84 | $55.2K | 30.0K |
| May 23, 2025Form 4 | Puri Raj K.Chief Regulatory Officer | BuyCommon Stock | 5.6K | $1.74 | $9.7K | 206.9K |
| May 14, 2025Form 4 | Vogt Frederick GInterim CEO & General Counsel | BuyCommon Stock | 25.0K | $1.69 | $42.3K | 374.6K |
| Nov 12, 2024Form 4 | Maynard Ryan DDirector | SellCommon Stock | 50.0K | $10.06 | $503.0K | 7.5K |