Revenue
2022
2023
2024
2025
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Revenue | $15.6M | $0 | $0 | $181,356.282 | — | — |
| Research & development | $9.0M | $9.4M | $13.1M | $11.0M | — | — |
| Operating expenses | $16.8M | $17.9M | $22.0M | $14.9M | — | — |
| Operating income | −$1.1M | −$17.9M | −$22.0M | −$14.7M | — | — |
| Operating margin | −7.21% | — | — | −8,095.14% | — | — |
| EBITDA | −$466,201 | −$17.2M | −$21.3M | −$14.3M | — | — |
| EBITDA margin | −2.98% | — | — | −7,895.37% | — | — |
| Net income | −$369,632 | −$15.5M | −$21.4M | −$15.0M | — | — |
| Net profit margin | −2.36% | — | — | −8,253.62% | — | — |
| Basic EPSper basic share | -$0.23 | -$18.62 | -$0.02 | -$0.17 | — | — |
| Diluted EPSper diluted share | -$0.23 | -$18.62 | -$0.02 | -$0.17 | — | — |
Reported shareholders
| Holder | % owned |
|---|---|
Papapetropoulos Spyros | —6M shares |
Lynx1 Capital Management LP | 16.18%875.33K shares |
Davies Peter Miles Winston | ≈4.99%269.98K shares |
AdvisorShares Investments LLC | 4.67%252.91K shares |
Wilson David Ian | ≈4.66%251.94K shares |
VANGUARD CAPITAL MANAGEMENT LLC | 3.21%173.49K shares |
Shay Capital LLC | 2.88%155.82K shares |
Balyasny Asset Management L.P. | 2.63%142.23K shares |
Fisher Alan | ≈1.85%100K shares |
CITADEL ADVISORS LLC | 1.34%72.56K shares |
GEODE CAPITAL MANAGEMENT, LLC | 0.92%49.52K shares |
Ikarian Capital, LLC | 0.88%47.44K shares |
VANGUARD FIDUCIARY TRUST CO | 0.62%33.81K shares |
ADAR1 Capital Management, LLC | 0.55%30K shares |
FNY Investment Advisers, LLC | 0.49%26.5K shares |
RENAISSANCE TECHNOLOGIES LLC | 0.47%25.5K shares |
XTX Topco Ltd | 0.43%23.09K shares |
HRT FINANCIAL LP | 0.42%22.87K shares |
JANE STREET GROUP, LLC | 0.28%14.9K shares |
BOOTHBAY FUND MANAGEMENT, LLC | 0.26%14K shares |
Percentages use 5.41M 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 |
|---|---|---|---|---|---|---|
| Oct 21, 2025Form 4 | Lynx1 Capital Management LP +1TenPercentOwner | BuyCommon stock, $0.00001 par value per share · indirect | 639.1K | $5.14 | $3.29M | 875.3K |