Revenue
2021
2022
2023
2024
2025
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Revenue | $203.7M | $46.2M | $341.5M | $145.9M | $0 |
| Gross profit | $48.0M | $6.2M | $17.5M | $59.3M | $0 |
| Gross margin | 23.56% | 13.39% | 5.13% | 40.65% | — |
| Research & development | $14.6M | $26.0M | $37.1M | $42.6M | $7.9M |
| Operating expenses | $122.4M | $136.2M | $124.3M | $122.4M | $1.2M |
| Operating income | −$74.4M | −$130.0M | −$106.7M | −$63.1M | −$29.5M |
| Operating margin | −36.51% | −281.38% | −31.25% | −43.24% | — |
| EBITDA | −$70.9M | −$128.9M | −$105.8M | −$55.3M | −$27.2M |
| EBITDA margin | −34.83% | −279.09% | −30.99% | −37.94% | — |
| Net income | −$103.6M | −$135.8M | −$98.4M | −$78.3M | −$31.3M |
| Net profit margin | −50.87% | −293.84% | −28.82% | −53.67% | — |
| Basic EPSper basic share | -$0.65 | -$0.91 | -$0.69 | -$0.64 | -$2.45 |
| Diluted EPSper diluted share | -$0.65 | -$0.91 | -$0.69 | -$0.64 | -$2.45 |
Reported shareholders
| Holder | % owned |
|---|---|
Piconi Robert | ≈9.22%16.59M shares |
SB INVESTMENT ADVISERS (UK) LTD | 8.63%15.54M shares |
BlackRock, Inc. | 6.21%11.18M shares |
SCOGGIN MANAGEMENT LP | 3.43%6.18M shares |
VANGUARD CAPITAL MANAGEMENT LLC | 3.35%6.03M shares |
Legal & General Group Plc | 3.01%5.42M shares |
STATE STREET CORP | 2.93%5.26M shares |
SailingStone Capital Partners LLC | 2.48%4.47M shares |
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | 1.86%3.35M shares |
GEODE CAPITAL MANAGEMENT, LLC | 1.79%3.23M shares |
MARSHALL WACE, LLP | 1.57%2.82M shares |
Wasserstein Management, L.P. | 1.55%2.79M shares |
UBS Group AG | 1.36%2.44M shares |
Ladwa Akshay | ≈1.19%2.14M shares |
GOLDMAN SACHS GROUP INC | 1.11%2M shares |
NOMURA HOLDINGS INC | 1.03%1.85M shares |
JANE STREET GROUP, LLC | 1.00%1.79M shares |
Invesco Ltd. | 0.94%1.69M shares |
Caption Management, LLC | 0.85%1.52M shares |
J. Goldman & Co LP | 0.84%1.5M shares |
Percentages use 179.94M 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 6, 2026Form 4 | Beer Michael ThomasChief Financial Officer | SellCommon Stock | 65.0K | $3.18 | $206.7K | 1.06M |
| Mar 31, 2026Form 4 | Piconi RobertChief Executive Officer | BuyCommon Stock | 12.5K | $3.21 | $40.1K | 16.92M |
| Mar 25, 2026Form 4 | Mandanas Mary BethDirector | BuyCommon Stock | 5.0K | $3.65 | $18.3K | 350.8K |
| Mar 4, 2026Form 4 | Ertel Thomas RDirector | BuyCommon Stock | 5.5K | $3.37 | $18.4K | 365.8K |
| Mar 2, 2026Form 4 | Ladwa AkshayChief Operations Officer | BuyCommon Stock | 4.0K | $3.09 | $12.4K | 1.82M |