Revenue
2023
2024
2025
| 2025 | 2024 | 2023 | |
|---|---|---|---|
| Revenue | $240.7M | $156.8M | $94.3M |
| Gross profit | $101.9M | $68.3M | $38.8M |
| Gross margin | 42.33% | 43.58% | 41.14% |
| Operating expenses | $107.6M | $74.7M | $54.1M |
| Operating income | −$5.7M | −$6.3M | −$15.3M |
| Operating margin | −2.37% | −4.03% | −16.25% |
| EBITDA | −$13.2M | −$5.5M | −$14.8M |
| EBITDA margin | −5.49% | −3.52% | −15.73% |
| Net income | −$17.2M | −$23.8M | −$17.6M |
| Net profit margin | −7.17% | −15.17% | −18.67% |
| Basic EPSper basic share | -$0.43 | -$0.75 | -$0.55 |
| Diluted EPSper diluted share | -$0.43 | -$0.75 | -$0.55 |
Reported shareholders
| Holder | % owned |
|---|---|
Thomas Brett J. | ≈26.37%11.07M shares |
Jacobs Jared Noah | ≈26.37%11.07M shares |
TNG Investors LP / DE / CAVU Venture Partners IV, LP / CAVU Venture Partners II, LP / CAVU Venture Partners III, LP | ≈26.35%11.06M shares |
S2G Investments, LLC | ≈13.44%5.64M shares |
Foraker John M. | ≈5.53%2.32M shares |
MILLENNIUM MANAGEMENT LLC | 4.90%2.06M shares |
WESTWOOD HOLDINGS GROUP INC | 4.69%1.97M shares |
Garner Jennifer Anne | ≈4.61%1.94M shares |
BAMCO INC /NY/ | 4.18%1.75M shares |
ALLIANCEBERNSTEIN L.P. | 3.71%1.56M shares |
FMR LLC | 3.02%1.27M shares |
BlackRock, Inc. | 2.05%859.18K shares |
Nicholas Investment Partners, LP | 1.87%784.17K shares |
MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | 1.71%717.59K shares |
FEDERATED HERMES, INC. | 1.43%600K shares |
Alyeska Investment Group, L.P. | 1.19%500K shares |
VANGUARD CAPITAL MANAGEMENT LLC | 1.11%466.43K shares |
Jupiter Topco LLC | 1.10%462.28K shares |
Curtis Cassandra Nicole | ≈1.03%432.98K shares |
Hood River Capital Management LLC | 0.91%380.43K shares |
Percentages use 41.98M 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 |
|---|---|---|---|---|---|---|
| Feb 9, 2026Form 4 | ROBB WALTER E IVDirector | BuyCommon Stock | 5.6K | $18.00 | $100.0K | 146.0K |