Revenue
2024
2025
| 2025 | 2024 | |
|---|---|---|
| Revenue | $32.0M | $15.6M |
| Gross profit | $26.0M | $12.5M |
| Gross margin | 81.07% | 79.59% |
| Research & development | $6.5M | $4.2M |
| Operating expenses | $72.3M | $36.7M |
| Operating income | −$46.4M | −$24.2M |
| Operating margin | −144.71% | −154.92% |
| EBITDA | −$46.2M | −$24.1M |
| EBITDA margin | −144.24% | −154.18% |
| Net income | $0 | $31,000 |
| Net profit margin | 0.00% | 0.20% |
| Basic EPSper basic share | -$0.02 | -$1.08 |
| Diluted EPSper diluted share | $0.00 | $31.00 |
Reported shareholders
Reported holdings Number of shares
| Holder | Shares held |
|---|---|
Tansey Casey M | 3.86M |
Presidio Management Group XII, L.L.C. | 3.63M |
HARRINGTON WILLIAM T | 3.41M |
Osage University GP III, LLC / Osage University Partners IV, LP / Osage University GP IV, LLC / Osage University Partners III, LP | 3.41M |
Garcia Gilbert G. II / Heighten Clay M / GPG MTI 22, LLC / GPG JCT, LLC / Soderstrom Carl D / GPG RM Investment, LLC / GPG PHL, LLC / Green Park & Golf Ventures II, LLC / GPG MTI 25, LLC / GPG MTI 3-17 Investment, LLC | 1.21M |
Curnes Nelson Bunker | 932.81K |
Lucchese Cynthia L | 125K |
Rawat Prashant B. | 15K |
Mead Dana G Jr. | 7K |
Leavitt Chase C. | 3K |
Bars compare reported share counts. A matching total for this share class and reporting period is unavailable, so percentages are not shown.
| Transaction | Insider | Type | Shares | Price | Value | Owned after |
|---|---|---|---|---|---|---|
| Jun 9, 2026Form 4 | Curnes Nelson BunkerChief Financial Officer | BuyCommon Stock | 5.0K | $12.79 | $63.9K | 367.0K |
| May 11, 2026Form 4 | Soderstrom Carl D +7TenPercentOwner | BuyCommon Stock · indirect | 60.5K | $15.00 | $908.1K | 60.5K |
| May 11, 2026Form 4 | GPG SC, LLC +9TenPercentOwner | BuyCommon Stock · indirect | 33.3K | $15.00 | $500.0K | 80.2K |
| May 11, 2026Form 4 | Garcia Gilbert G. II +9TenPercentOwner | SellCommon Stock · indirect | 6.7K | — | — | 43.8K |
| May 11, 2026Form 4 | Green Park & Golf Ventures II, LLC +5TenPercentOwner | BuyCommon Stock · indirect | 81.0K | $15.00 | $1.22M | 81.0K |