Revenue
2009
2010
2011
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 | 2011 | 2010 | 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $14.6M | $9.5M | $8.9M | $14.7M | $4.3M | $1.8M | $3.5M | $5.0M | $3.5M | $5.9M | $7.0M | $5.2M | $4.4M | $3.9M | $4.4M | $3.7M | $1.9M |
| Gross profit | $14.4M | $9.2M | $8.3M | $14.0M | $2.9M | $1.4M | $3.1M | $4.7M | $3.3M | $5.6M | $5.9M | $4.4M | $3.6M | $3.5M | $4.4M | $3.7M | — |
| Gross margin | 99.00% | 96.48% | 92.50% | 95.05% | 67.15% | 78.92% | 88.28% | 93.95% | 95.14% | 93.96% | 84.27% | 84.04% | 82.12% | 88.91% | 98.21% | 99.25% | — |
| Research & development | $17.7M | $12.5M | $15.7M | $14.0M | $33.9M | $12.3M | $17.9M | $21.0M | $24.0M | $36.1M | $42.6M | $37.5M | $26.6M | $18.1M | $13.7M | $8.2M | $3.2M |
| Operating expenses | $51.2M | $31.0M | $33.7M | $36.5M | $52.1M | $27.9M | $42.0M | $46.5M | $43.9M | $64.5M | $71.7M | $55.1M | $59.6M | $28.5M | $23.0M | $13.5M | $5.4M |
| Operating income | −$36.6M | −$21.5M | −$24.7M | −$22.5M | −$49.2M | −$26.4M | −$38.9M | −$41.8M | −$38.9M | −$59.0M | −$65.8M | −$50.7M | −$56.0M | −$25.0M | −$18.7M | −$9.9M | −$3.5M |
| Operating margin | −251.57% | −226.11% | −276.50% | −153.17% | −1,133.63% | −1,448.36% | −1,106.00% | −837.91% | −1,124.99% | −995.56% | −935.32% | −966.48% | −1,262.65% | −638.53% | −421.42% | −265.70% | −182.86% |
| EBITDA | −$35.9M | −$20.9M | −$24.2M | −$21.9M | −$48.5M | −$25.6M | −$37.9M | −$40.7M | −$38.0M | −$57.8M | −$64.7M | −$49.6M | −$52.0M | −$22.2M | −$16.3M | −$8.9M | −$3.5M |
| EBITDA margin | −246.77% | −219.93% | −270.22% | −149.21% | −1,118.36% | −1,403.29% | −1,077.50% | −816.24% | −1,097.60% | −975.64% | −920.00% | −946.43% | −1,173.50% | −566.17% | −368.09% | −240.65% | −181.06% |
| Net income | −$63.5M | −$18.6M | −$21.5M | −$26.3M | −$43.0M | −$20.6M | −$11.7M | −$46.0M | −$20.0M | $33.6M | −$47.0M | −$36.4M | −$43.9M | −$21.4M | −$16.5M | −$11.2M | −$5.1M |
| Net profit margin | −436.47% | −195.90% | −240.20% | −178.69% | −990.99% | −1,130.83% | −333.12% | −922.01% | −577.67% | 566.81% | −667.87% | −694.36% | −989.69% | −547.23% | −372.46% | −301.63% | −267.22% |
| Basic EPSper basic share | -$0.28 | -$0.09 | -$0.12 | -$0.15 | -$0.26 | -$0.14 | -$0.08 | -$0.36 | -$0.17 | $0.35 | -$0.59 | -$0.55 | -$0.81 | -$0.44 | -$0.35 | -$0.28 | -$0.18 |
| Diluted EPSper diluted share | -$0.28 | -$0.09 | -$0.12 | -$0.15 | -$0.26 | -$0.14 | -$0.08 | -$0.36 | -$0.17 | $0.34 | -$0.59 | -$0.55 | -$0.81 | -$0.44 | -$0.35 | -$0.28 | -$0.18 |
Reported shareholders
| Holder | % owned |
|---|---|
BROADWOOD CAPITAL INC | 19.60%49.56M shares |
BlackRock, Inc. | 5.21%13.19M shares |
VANGUARD CAPITAL MANAGEMENT LLC | 3.58%9.05M shares |
Defender Capital, LLC. | 2.61%6.6M shares |
GEODE CAPITAL MANAGEMENT, LLC | 2.10%5.3M shares |
RAFFLES ASSOCIATES LP | 2.06%5.2M shares |
FIFTH THIRD BANCORP | 1.82%4.6M shares |
MILLENNIUM MANAGEMENT LLC | 1.19%3.02M shares |
STATE STREET CORP | 0.92%2.31M shares |
VANGUARD FIDUCIARY TRUST CO | 0.66%1.67M shares |
NORTHERN TRUST CORP | 0.66%1.66M shares |
MORGAN STANLEY | 0.58%1.47M shares |
RENAISSANCE TECHNOLOGIES LLC | 0.53%1.34M shares |
MARSHALL WACE, LLP | 0.51%1.28M shares |
VANGUARD PORTFOLIO MANAGEMENT LLC | 0.50%1.27M shares |
UBS Group AG | 0.27%687.05K shares |
RED CRANE WEALTH MANAGEMENT, LLC | 0.24%597.26K shares |
CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 0.23%577.44K shares |
BARCLAYS PLC | 0.20%508.67K shares |
Squarepoint Ops LLC | 0.18%444.77K shares |
Percentages use 252.91M 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 |
|---|---|---|---|---|---|---|
| Mar 12, 2026Form 4 | Culley Brian MPresident and CEO | BuyCommon Shares | 15.0K | $1.63 | $24.4K | 255.5K |
| Jan 27, 2025Form 4 | BROADWOOD CAPITAL INC +2TenPercentOwner | BuyCommon Shares · indirect | 0 | $0.00 | $0.00 | 49.56M |
| Jan 27, 2025Form 4 | BROADWOOD CAPITAL INC +2TenPercentOwner | BuyCommon Shares | 7.89M | $0.76 | $6.00M | 49.56M |
| Jan 27, 2025Form 4 | BROADWOOD CAPITAL INC +2TenPercentOwner | BuyCommon Warrant · derivative · indirect | 0 | $0.00 | $0.00 | 7.89M |
| Jan 27, 2025Form 4 | BROADWOOD CAPITAL INC +2TenPercentOwner | BuyCommon Warrant · derivative | 7.89M | $0.00 | $0.00 | 7.89M |