Revenue
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $37,728 | $86,032 | $198,871 | $203,269 | $576,399 | $428,129 | $0 | $0 | $0 | $1.6M | $4.3M | $1.8M | $1.9M | $1.1M |
| Gross profit | −$22,680 | −$7,377 | $38,258 | $0 | $0 | $0 | $0 | $0 | $0 | −$310,972 | $387,237 | −$394,998 | −$254,549 | $3,043 |
| Gross margin | −60.11% | −8.57% | 19.24% | 0.00% | 0.00% | 0.00% | — | — | — | −19.09% | 9.09% | −22.02% | −13.45% | 0.27% |
| Research & development | $6.0M | $6.2M | $5.7M | $3.4M | $1.9M | $1.7M | $1.1M | $871,742 | $715,841 | $5.2M | $5.5M | $2.3M | $1.2M | $1.1M |
| Operating expenses | $10.9M | $11.1M | $10.4M | $7.3M | $4.8M | $4.1M | $3.1M | $4.3M | $4.2M | $10.7M | $10.9M | $6.5M | $3.8M | $3.0M |
| Operating income | −$10.9M | −$11.1M | −$10.4M | −$7.3M | −$4.8M | −$4.1M | −$3.1M | −$4.3M | −$4.2M | −$11.0M | −$10.5M | −$6.9M | −$4.1M | −$3.0M |
| Operating margin | −28,978.98% | −12,868.67% | −5,205.43% | −3,612.43% | −841.25% | −950.18% | — | — | — | −676.42% | −245.83% | −386.15% | −214.71% | −269.61% |
| EBITDA | −$10.6M | −$10.7M | −$10.1M | −$7.2M | −$4.7M | −$3.9M | −$3.0M | −$4.2M | −$4.1M | −$10.6M | −$10.2M | −$6.9M | −$4.0M | −$3.0M |
| EBITDA margin | −27,994.51% | −12,472.25% | −5,068.78% | −3,520.40% | −813.92% | −921.65% | — | — | — | −651.45% | −240.36% | −382.37% | −213.14% | −264.99% |
| Net income | −$10.6M | −$10.4M | −$10.0M | −$7.2M | −$4.8M | −$7.8M | −$3.9M | −$7.9M | −$10.4M | −$11.0M | −$10.4M | −$6.9M | −$9.6M | −$4.6M |
| Net profit margin | −28,038.65% | −12,109.23% | −5,005.26% | −3,536.86% | −827.60% | −1,820.46% | — | — | — | −674.21% | −245.09% | −384.61% | −504.73% | −412.39% |
| Basic EPSper basic share | -$1.16 | -$1.28 | -$1.61 | -$1.17 | -$0.80 | -$2.20 | -$2.38 | -$5.64 | -$7.90 | -$11.50 | -$12.30 | -$9.80 | -$49.00 | -$31.70 |
| Diluted EPSper diluted share | -$1.16 | -$1.28 | -$1.61 | -$1.17 | -$0.80 | -$2.20 | -$2.38 | -$5.64 | -$7.90 | -$11.50 | -$12.30 | -$9.80 | -$49.00 | -$31.70 |
Reported shareholders
| Holder | % owned |
|---|---|
AWM Investment Company, Inc. | 8.20%1.35M shares |
AIGH Capital Management LLC | 5.45%894.73K shares |
GOLDMAN SACHS GROUP INC | 4.02%660.3K shares |
VANGUARD CAPITAL MANAGEMENT LLC | 3.71%608.96K shares |
STIFEL FINANCIAL CORP | 2.86%468.91K shares |
Bleichroeder LP | 2.44%400K shares |
SOMO DAVID M | ≈2.29%375.87K shares |
Baird Financial Group, Inc. | 1.99%326.07K shares |
MARSHALL WACE, LLP | 1.94%318.22K shares |
JANE STREET GROUP, LLC | 1.64%268.81K shares |
BRDAR DANIEL | ≈1.06%174.65K shares |
BlackRock, Inc. | 0.83%136.17K shares |
GEODE CAPITAL MANAGEMENT, LLC | 0.73%120.16K shares |
RENAISSANCE TECHNOLOGIES LLC | 0.61%100.75K shares |
BURNS TIMOTHY | ≈0.55%90.75K shares |
TURMELLE MICHAEL C | ≈0.51%83.58K shares |
Polar Asset Management Partners Inc. | 0.43%70.7K shares |
VANGUARD FIDUCIARY TRUST CO | 0.39%64.11K shares |
BANK OF AMERICA CORP /DE/ | 0.37%60.74K shares |
Diversify Advisory Services, LLC | 0.36%59.88K shares |
Percentages use 16.42M 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 26, 2026Form 4 | TURMELLE MICHAEL CDirector | BuyCommon Stock | 5.3K | $7.60 | $39.9K | 83.6K |
| Feb 25, 2026Form 4 | SOMO DAVID MPresident and CEO | BuyCommon Stock | 90.9K | $2.75 | $250.0K | 338.3K |
| Nov 19, 2024Form 4 | Lesster Laban EDirector | BuyCommon Stock | 3.0K | $5.88 | $17.6K | 16.3K |
| Nov 19, 2024Form 4 | BRDAR DANIELPresident and CEO | BuyCommon Stock | 4.5K | $5.91 | $26.6K | 179.5K |