Revenue
2020
2021
2022
2023
2024
2025
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Revenue | $48.4M | $38.1M | $27.6M | $19.5M | $638,000 | $82,000 |
| Gross profit | $5.9M | $4.1M | $2.2M | $2.2M | $206,000 | −$9,000 |
| Gross margin | 12.12% | 10.72% | 8.04% | 11.37% | 32.29% | −10.98% |
| Research & development | $25.6M | $22.3M | $16.1M | $14.1M | $3.4M | $1.1M |
| Operating expenses | $68.5M | $63.1M | $119.1M | $96.7M | $44.9M | $7.9M |
| Operating income | −$62.6M | −$59.0M | −$116.9M | −$94.5M | −$44.7M | −$7.9M |
| Operating margin | −129.49% | −154.62% | −424.25% | −485.40% | −7,008.93% | −9,660.98% |
| EBITDA | −$39.4M | −$40.1M | −$103.8M | −$84.1M | −$44.0M | −$7.6M |
| EBITDA margin | −81.53% | −105.14% | −376.59% | −431.85% | −6,901.72% | −9,310.98% |
| Net income | −$94.4M | −$119.9M | −$124.0M | −$111.1M | −$56.1M | −$8.4M |
| Net profit margin | −195.14% | −314.39% | −450.03% | −570.36% | −8,792.01% | −10,254.88% |
| Basic EPSper basic share | -$5.61 | -$14.14 | -$15.61 | -$16.57 | -$13.78 | -$2.21 |
| Diluted EPSper diluted share | -$5.61 | -$14.14 | -$15.61 | -$16.57 | -$13.78 | -$2.21 |
Reported shareholders
| Holder | % owned |
|---|---|
Hurlbert Craig M. | ≈8.91%2.07M shares |
VALIASEK KATHLEEN | ≈7.09%1.64M shares |
Joyner Travis M. | ≈5.54%1.29M shares |
SCHWAB CHARLES R JR. | ≈2.62%606.7K shares |
Almassy Dane | ≈1.29%300K shares |
Brewster Pamela | ≈1.15%266.12K shares |
Cresset Asset Management, LLC | 0.92%213.04K shares |
BBR PARTNERS, LLC | 0.84%194.7K shares |
VANGUARD CAPITAL MANAGEMENT LLC | 0.82%189.08K shares |
Molnar Michael | ≈0.76%176.29K shares |
Nordby Matthew | ≈0.71%163.65K shares |
Nelson Mark Joseph | ≈0.60%139.87K shares |
Hughes Anthony | ≈0.52%120.27K shares |
FMR LLC | 0.51%118.99K shares |
McCandless Margaret | ≈0.47%109.54K shares |
SCHWARZ DYGOS WHEELER INVESTMENT ADVISORS LLC | 0.43%99.46K shares |
GEODE CAPITAL MANAGEMENT, LLC | 0.20%45.72K shares |
OUTFITTERS FINANCIAL LLC | 0.17%39.29K shares |
STATE STREET CORP | 0.15%33.98K shares |
PINNACLE ASSOCIATES LTD | 0.13%30.85K shares |
Percentages use 23.19M 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 |
|---|---|---|---|---|---|---|
| Apr 1, 2026Form 4 | Hurlbert Craig M.Executive Chairman | SellCommon Stock | 100.0K | $1.16 | $116.0K | 814.8K |
| Apr 1, 2026Form 4 | VALIASEK KATHLEENPresident and CEO | SellCommon Stock | 200.0K | $1.16 | $232.0K | 1.44M |
| Mar 13, 2026Form 4 | Schwab Charles R.TenPercentOwner | BuyCommon Stock Purchase Warrant · derivative · indirect | — | — | — | — |
| Mar 13, 2026Form 4 | Schwab Charles R.TenPercentOwner | BuyConvertible Note · derivative · indirect | 5.50M | — | $15.00M | 5.50M |
| Jan 7, 2026Form 4 · 10b5-1 | Nordby MatthewDirector | SellCommon Stock | 1.0K | $2.22 | $2.2K | 100.7K |