Revenue
2021
2022
2023
2024
2025
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | $486,559 | $15,062 |
| Gross profit | — | — | — | $373,364 | −$2,213 |
| Gross margin | — | — | — | 76.74% | −14.69% |
| Research & development | $8.0M | $7.2M | $8.1M | $2.7M | — |
| Operating expenses | $20.9M | $14.2M | $16.0M | $13.0M | $4.5M |
| Operating income | −$20.9M | −$14.2M | −$16.0M | −$12.6M | −$4.5M |
| Operating margin | — | — | — | −2,587.35% | −29,925.73% |
| EBITDA | −$20.8M | −$14.2M | −$16.0M | −$12.6M | −$4.5M |
| EBITDA margin | — | — | — | −2,586.30% | −29,916.57% |
| Net income | −$20.4M | −$13.9M | −$16.0M | −$13.9M | −$2.2M |
| Net profit margin | — | — | — | −2,864.29% | −14,430.49% |
| Basic EPSper basic share | -$2.91 | -$12.69 | -$0.42 | -$1.76 | -$4.20 |
| Diluted EPSper diluted share | -$2.91 | -$12.69 | -$0.42 | -$1.76 | -$4.20 |
Reported shareholders
Reported holdings Number of shares
| Holder | Shares held |
|---|---|
Coastlands Capital LP | 3.84M |
Cable Car Capital, LP | 3M |
Stonepine Capital Management, LLC | 2.2M |
ADAGE CAPITAL PARTNERS GP, L.L.C. | 2.1M |
Jupiter Topco LLC | 2.1M |
Opaleye Management Inc. | 2.05M |
AMERIPRISE FINANCIAL INC | 1.86M |
Squadron Capital Management LLC | 1M |
AdvisorShares Investments LLC | 937.55K |
Vivo Capital, LLC | 465.47K |
Persistent Asset Partners Ltd | 290.56K |
STEINMAN LAWRENCE | 199.69K |
UBS Group AG | 188.11K |
XTX Topco Ltd | 127.57K |
VANGUARD CAPITAL MANAGEMENT LLC | 126.28K |
GEODE CAPITAL MANAGEMENT, LLC | 83.86K |
Marques Tiago | 73.33K |
RENAISSANCE TECHNOLOGIES LLC | 65.6K |
TWO SIGMA INVESTMENTS, LP | 64.17K |
VANGUARD FIDUCIARY TRUST CO | 43.86K |
Bars compare reported share counts. A matching total for this share class and reporting period is unavailable, so percentages are not shown.
| Transaction | Insider | Type | Shares | Price | Value | Owned after |
|---|---|---|---|---|---|---|
| Jun 17, 2026Form 4 | Coastlands Capital LPTenPercentOwner | BuyCommon Stock · indirect | 100.0K | $0.53 | $53.0K | 3.84M |
| Nov 28, 2025Form 4 | STEINMAN LAWRENCEDirector | BuyCommon Stock | 133.3K | $0.75 | $100.0K | 199.7K |
| Nov 28, 2025Form 4 | Marques TiagoChief Executive Officer | BuyCommon Stock | 33.3K | $0.75 | $25.0K | 73.3K |
| Nov 28, 2025Form 4 | Dumesnil SimonDirector | BuyCommon Stock | 33.3K | $0.75 | $25.0K | 35.8K |
| May 12, 2025Form 4 | Marques TiagoChief Executive Officer | SellCommon Stock | 960 | $0.83 | $796.80 | 40.0K |