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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $6.4M | $29.6M | $46.8M | $140.7M | $235.3M | $176.3M | $256.6M | $213.0M | $131.0M | $183.2M | $180.8M | $137.6M | $102.2M |
| Gross profit | $5.9M | $14.1M | $42.8M | $120.5M | $222.4M | $167.4M | $255.4M | — | — | — | — | — | — |
| Gross margin | 91.37% | 47.47% | 91.53% | 85.59% | 94.53% | 94.97% | 99.55% | — | — | — | — | — | — |
| Research & development | $23.5M | $95.7M | $266.5M | $296.8M | $387.0M | $252.9M | $209.3M | $235.8M | $196.5M | $187.2M | $214.1M | $150.8M | $85.7M |
| Operating expenses | $52.3M | $180.0M | $369.5M | $441.8M | $523.8M | $368.2M | $345.9M | $299.7M | $248.3M | $233.2M | $258.5M | $187.7M | $110.1M |
| Operating income | −$45.9M | −$150.4M | −$322.7M | −$301.0M | −$288.5M | −$191.9M | −$89.3M | −$86.7M | −$117.3M | −$50.0M | −$77.6M | −$50.1M | −$7.9M |
| Operating margin | −712.66% | −507.80% | −689.53% | −213.90% | −122.62% | −108.83% | −34.81% | −40.71% | −89.53% | −27.32% | −42.93% | −36.41% | −7.78% |
| EBITDA | −$45.1M | −$147.7M | −$312.8M | −$290.4M | −$273.7M | −$169.8M | −$67.9M | −$80.1M | −$111.2M | −$44.0M | −$71.9M | −$45.6M | −$2.9M |
| EBITDA margin | −701.04% | −498.71% | −668.31% | −206.36% | −116.32% | −96.32% | −26.45% | −37.63% | −84.87% | −24.02% | −39.79% | −33.16% | −2.80% |
| Net income | $183.5M | −$47.6M | −$284.2M | −$293.7M | −$290.0M | −$189.3M | −$77.0M | −$86.4M | −$120.9M | −$58.1M | −$85.8M | −$59.5M | −$14.9M |
| Net profit margin | 2,848.63% | −160.63% | −607.29% | −208.66% | −123.25% | −107.36% | −30.00% | −40.58% | −92.27% | −31.70% | −47.44% | −43.24% | −14.63% |
| Basic EPSper basic share | $45.37 | -$11.89 | -$73.00 | -$78.50 | -$78.50 | -$52.75 | -$22.25 | -$25.75 | -$41.50 | -$23.25 | -$35.50 | -$79.25 | -$28.25 |
| Diluted EPSper diluted share | $45.37 | -$11.89 | -$73.00 | -$78.50 | -$78.50 | -$52.75 | -$22.25 | -$25.75 | -$41.50 | -$23.25 | -$35.50 | -$79.25 | -$28.25 |
Reported shareholders
| Holder | % owned |
|---|---|
ARMISTICE CAPITAL, LLC | 9.88%400K shares |
Chung Christine | ≈7.28%294.9K shares |
Graham Juan | ≈4.07%164.86K shares |
VANGUARD CAPITAL MANAGEMENT LLC | 3.95%159.95K shares |
ACADIAN ASSET MANAGEMENT LLC | 2.61%105.59K shares |
BlackRock, Inc. | 2.08%84.33K shares |
GEODE CAPITAL MANAGEMENT, LLC | 1.07%43.22K shares |
HighTower Advisors, LLC | 0.98%39.75K shares |
Schoeneck James A | —39.67K shares |
TWO SIGMA INVESTMENTS, LP | 0.98%39.51K shares |
RENAISSANCE TECHNOLOGIES LLC | 0.67%27.08K shares |
Wettig Thane | ≈0.67%27.05K shares |
VANGUARD FIDUCIARY TRUST CO | 0.60%24.11K shares |
Birchview Capital, LP | 0.56%22.57K shares |
STATE STREET CORP | 0.50%20.28K shares |
GSA CAPITAL PARTNERS LLP | 0.39%15.7K shares |
UBS Group AG | 0.19%7.86K shares |
GROUP ONE TRADING LLC | 0.11%4.41K shares |
DeLucia David | ≈0.11%4.38K shares |
Vanguard Global Advisers, LLC | 0.04%1.42K shares |
Percentages use 4.05M 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 14, 2026Form 4/A | Wettig ThaneCEO | BuyCommon Stock | 2.8K | $7.09 | $19.9K | 27.2K |
| May 14, 2026Form 4 | Wettig ThaneCEO | BuyCommon Stock | 2.8K | $7.09 | $19.9K | 27.2K |
| Nov 17, 2025Form 4 | Wettig ThaneCEO | BuyCommon Stock | 2.7K | $9.10 | $24.6K | 24.9K |
| Nov 13, 2025Form 4 | Wettig ThaneCEO | BuyCommon Stock | 1.0K | $9.18 | $9.2K | 22.2K |
| Jun 30, 2025Form 4 | Schoeneck James ADirector | BuyCommon Stock · indirect | 23.6K | $5.07 | $119.5K | 39.7K |