Revenue
2020
2021
2022
2023
2024
2025
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Revenue | $156.8M | $144.8M | $138.1M | $135.2M | $114.3M | $68.4M |
| Gross profit | $117.4M | $107.4M | $103.1M | $101.0M | $83.2M | $48.0M |
| Gross margin | 74.86% | 74.17% | 74.69% | 74.73% | 72.80% | 70.12% |
| Research & development | $56.6M | $51.5M | $51.6M | $59.3M | $34.4M | $26.6M |
| Operating expenses | $165.5M | $169.2M | $153.0M | $172.8M | $107.1M | $70.5M |
| Operating income | −$48.1M | −$61.7M | −$49.8M | −$71.8M | −$23.8M | −$22.5M |
| Operating margin | −30.68% | −42.61% | −36.10% | −53.12% | −20.84% | −32.88% |
| EBITDA | −$44.5M | −$57.8M | −$45.7M | −$68.8M | −$22.2M | −$20.9M |
| EBITDA margin | −28.35% | −39.90% | −33.08% | −50.92% | −19.38% | −30.50% |
| Net income | −$44.4M | −$55.8M | −$42.1M | −$70.8M | −$24.3M | −$22.9M |
| Net profit margin | −28.29% | −38.51% | −30.52% | −52.34% | −21.29% | −33.42% |
| Basic EPSper basic share | -$0.72 | -$0.93 | -$0.70 | -$1.20 | -$0.73 | -$1.74 |
| Diluted EPSper diluted share | -$0.72 | -$0.93 | -$0.70 | -$1.20 | -$0.73 | -$1.74 |
Reported shareholders
| Holder | % owned |
|---|---|
Deer Management Co. LLC | 13.34%8.65M shares |
Srinivasan Krishna | ≈12.28%7.97M shares |
LIVEOAK I CO-INVEST II L.P. / LIVEOAK CO-INVEST GP, LLC / LIVEOAK I CO-INVEST IV L.P. / LiveOak I Co-Invest L.P. / LiveOak Venture Partners I, L.P. / LiveOak Venture Partners 1A, L.P. / Venugopal Shamapant / LOVP UPPER TIER GP I, LLC / LOVP SBIC MANAGEMENT SERVICES, LLC | ≈12.15%7.88M shares |
Stephens Group, LLC | 12.02%7.8M shares |
BlackRock, Inc. | 3.11%2.02M shares |
Friedrichsen Eric | ≈2.27%1.47M shares |
Topline Capital Management, LLC | 2.26%1.47M shares |
Solel Partners LP | 1.83%1.19M shares |
GOODMAN ROBERT P | ≈1.73%1.12M shares |
LAKEWOOD CAPITAL MANAGEMENT, LP | 1.71%1.11M shares |
VANGUARD CAPITAL MANAGEMENT LLC | 1.67%1.08M shares |
AQR CAPITAL MANAGEMENT LLC | 1.39%901.26K shares |
VANGUARD PORTFOLIO MANAGEMENT LLC | 1.25%810.55K shares |
FORMULA GROWTH LTD | 1.23%800K shares |
Lafair Michael | ≈1.23%799.31K shares |
GEODE CAPITAL MANAGEMENT, LLC | 1.07%694.39K shares |
DIMENSIONAL FUND ADVISORS LP | 1.04%671.73K shares |
JACOBS LEVY EQUITY MANAGEMENT, INC | 1.01%652.58K shares |
ACADIAN ASSET MANAGEMENT LLC | 0.93%602.83K shares |
NORGES BANK | 0.84%547.95K shares |
Percentages use 64.86M 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 | Antoon MelanieEVP, Chief Customer Officer | SellCommon Stock | 8.6K | $3.61 | $31.0K | 276.0K |
| May 18, 2026Form 4 | Crum Richard FrancisEVP, Chief Prod & Tech Officer | SellCommon Stock | 7.5K | $3.61 | $27.0K | 341.6K |
| May 18, 2026Form 4 | Garcia SusanGC & Chief Compliance Officer | SellCommon Stock | 7.0K | $3.61 | $25.2K | 145.9K |
| May 18, 2026Form 4 | Herckis KarenEVP, Chief HR Officer | SellCommon Stock | 8.6K | $3.61 | $30.9K | 189.3K |
| May 8, 2026Form 4 | Friedrichsen EricChief Executive Officer | BuyCommon Stock | 9.0K | $3.97 | $35.7K | 1.52M |