Revenue
2022
2023
2024
2025
| 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| Revenue | $0 | $43.0M | $287.0M | $571.0M |
| Gross profit | $0 | $7.0M | $59.0M | $166.0M |
| Gross margin | — | 16.28% | 20.56% | 29.07% |
| Research & development | $0 | $26.0M | $152.0M | $194.0M |
| Operating expenses | $31.0M | $86.0M | $387.0M | $564.0M |
| Operating income | −$31.0M | −$79.0M | −$328.0M | −$398.0M |
| Operating margin | — | −183.72% | −114.29% | −69.70% |
| EBITDA | −$31.0M | −$78.0M | −$324.0M | −$392.0M |
| EBITDA margin | — | −181.40% | −112.89% | −68.65% |
| Net income | −$23.0M | −$75.0M | −$317.0M | −$384.0M |
| Net profit margin | — | −174.42% | −110.45% | −67.25% |
| Basic EPSper basic share | -$1.09 | -$2.92 | -$13.36 | -$17.10 |
| Diluted EPSper diluted share | -$1.09 | -$2.92 | -$13.36 | -$17.10 |
Reported shareholders
| Holder | % owned |
|---|---|
Bobbili Raja | ≈41.32%18.9M shares |
Riva Capital Partners V, L.P. / Riva Capital Management VI, LLC / Riva Capital Management V, LLC / Abrams Capital Partners I, L.P. / Riva Capital Partners VI, L.P. / ABRAMS CAPITAL MANAGEMENT, LLC / ABRAMS CAPITAL MANAGEMENT, L.P. / ABRAMS CAPITAL, LLC / Abrams Capital Partners II, L.P. | ≈39.94%18.27M shares |
Abrams David C | ≈39.94%18.27M shares |
LEVY PAUL S | ≈1.39%638.11K shares |
MASON CAPITAL MANAGEMENT LLC | 0.64%291.34K shares |
Heinberg Marshall S | ≈0.29%134.81K shares |
Farlekas Michael | ≈0.24%111.26K shares |
Stewart Scott Matthew | ≈0.13%60K shares |
Chou Jennifer K | ≈0.12%56.7K shares |
Scarola Michael Gerard | ≈0.02%7.39K shares |
OAKWORTH CAPITAL, INC. | <0.01%624 shares |
GAMMA Investing LLC | <0.01%525 shares |
KELLEHER FINANCIAL ADVISORS | <0.01%134 shares |
Percentages use 45.74M 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.
Reported positions exceed 100% in total, so the circle shows the selected holder only.
| Transaction | Insider | Type | Shares | Price | Value | Owned after |
|---|---|---|---|---|---|---|
| Jun 12, 2026Form 4 | Stewart Scott MatthewCFO & COO | BuyCommon Stock, par value $0.0001 per share | 10.0K | $9.76 | $97.6K | 60.0K |
| Jun 8, 2026Form 4 | LEVY PAUL SDirector | BuyCommon Stock, par value $0.0001 per share · indirect | 12.9K | $9.17 | $118.5K | 638.1K |
| Jun 5, 2026Form 4 | LEVY PAUL SDirector | BuyCommon Stock, par value $0.0001 per share · indirect | 63.0K | $9.06 | $571.0K | 625.2K |
| Jun 4, 2026Form 4 | LEVY PAUL SDirector | BuyCommon Stock, par value $0.0001 per share · indirect | 1.0K | $9.04 | $9.0K | 562.2K |
| Jun 3, 2026Form 4 | LEVY PAUL SDirector | BuyCommon Stock, par value $0.0001 per share · indirect | 35.4K | $9.02 | $319.4K | 561.2K |