Revenue
2021
2022
2023
2024
2025
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Revenue | $4.7M | $4.3M | $2.4M | $377,000 | $500,000 | — |
| Gross profit | −$2.0M | −$2.8M | −$3.6M | $377,000 | $500,000 | — |
| Gross margin | −41.73% | −63.35% | −146.25% | 100.00% | 100.00% | — |
| Research & development | $5.7M | $6.0M | $7.3M | $11.3M | $9.3M | $5.4M |
| Operating expenses | $54.3M | $50.4M | $50.9M | $56.6M | $27.9M | $8.3M |
| Operating income | −$49.6M | −$46.1M | −$48.5M | −$56.3M | −$27.4M | −$8.3M |
| Operating margin | −1,054.82% | −1,059.64% | −1,996.79% | −14,920.69% | −5,483.80% | — |
| EBITDA | −$48.8M | −$44.9M | −$46.0M | −$54.3M | −$27.4M | — |
| EBITDA margin | −1,036.29% | −1,032.79% | −1,893.86% | −14,407.16% | −5,483.00% | — |
| Net income | −$58.0M | −$45.5M | −$52.7M | −$56.2M | −$28.1M | −$8.3M |
| Net profit margin | −1,232.68% | −1,047.61% | −2,169.11% | −14,899.47% | −5,615.60% | — |
| Basic EPSper basic share | -$0.69 | -$1.05 | -$1.26 | -$1.55 | -$1.51 | -$0.59 |
| Diluted EPSper diluted share | -$0.43 | -$1.05 | -$1.26 | -$1.55 | -$1.51 | -$0.59 |
Reported shareholders
| Holder | % owned |
|---|---|
Alyeska Investment Group, L.P. | 4.64%8.86M shares |
BlackRock, Inc. | 4.39%8.37M shares |
VANGUARD CAPITAL MANAGEMENT LLC | 3.44%6.56M shares |
Two Seas Capital LP | 3.15%6M shares |
MASTERS CAPITAL MANAGEMENT LLC | 2.10%4M shares |
Aberdeen Group plc | 2.00%3.82M shares |
GEODE CAPITAL MANAGEMENT, LLC | 1.99%3.79M shares |
Aklog Lishan | ≈1.91%3.64M shares |
STATE STREET CORP | 1.28%2.44M shares |
FIRST MANHATTAN CO. LLC. | 1.15%2.19M shares |
WELLS FARGO & COMPANY/MN | 1.08%2.07M shares |
MCGRATH DENNIS M | ≈0.95%1.81M shares |
Russell Investments Group, Ltd. | 0.87%1.65M shares |
O'Neil Shaun | ≈0.76%1.45M shares |
NORTHERN TRUST CORP | 0.64%1.22M shares |
PERKINS CAPITAL MANAGEMENT INC | 0.59%1.13M shares |
VANGUARD FIDUCIARY TRUST CO | 0.56%1.07M shares |
Matheis Dennis | ≈0.54%1.03M shares |
VANGUARD PORTFOLIO MANAGEMENT LLC | 0.54%1.02M shares |
Gordon Michael Adam | ≈0.52%1M shares |
Percentages use 190.76M 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 20, 2026Form 4 | Matheis DennisDirector | BuyCommon Stock | 245.0K | $1.00 | $245.0K | 1.03M |
| Aug 20, 2025Form 4 | Matheis DennisDirector | BuyCommon Stock | 100.0K | $1.02 | $102.0K | 665.4K |
| May 22, 2025Form 4/A | Matheis DennisDirector | BuyCommon Stock | 33.2K | $1.32 | $43.8K | 565.4K |
| May 22, 2025Form 4 | Matheis DennisDirector | BuyCommon Stock | 33.2K | $1.32 | $43.8K | 350.0K |
| May 21, 2025Form 4/A | Matheis DennisDirector | BuyCommon Stock | 129.7K | $1.32 | $171.2K | 532.2K |