Revenue
2020
2021
2022
2023
2024
2025
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Revenue | $105.7M | $78.1M | $54.0M | $69.2M | $75.8M | $75.4M |
| Gross profit | $53.5M | $39.3M | $22.6M | $23.3M | $35.1M | $35.9M |
| Gross margin | 50.64% | 50.36% | 41.82% | 33.69% | 46.23% | 47.58% |
| Research & development | $14.1M | $9.8M | $10.3M | $27.9M | $21.4M | $10.5M |
| Operating expenses | $61.8M | $59.5M | $51.2M | $107.9M | $90.8M | $42.9M |
| Operating income | −$8.3M | −$20.2M | −$28.6M | −$84.6M | −$55.8M | −$7.0M |
| Operating margin | −7.81% | −25.90% | −53.01% | −122.28% | −73.56% | −9.27% |
| EBITDA | −$7.7M | −$19.8M | −$27.8M | −$83.2M | −$54.7M | −$6.1M |
| EBITDA margin | −7.32% | −25.33% | −51.45% | −120.23% | −72.07% | −8.11% |
| Net income | −$39.7M | −$12.5M | −$32.9M | −$79.3M | −$71.7M | −$10.5M |
| Net profit margin | −37.54% | −16.06% | −60.92% | −114.64% | −94.54% | −13.95% |
| Basic EPSper basic share | -$2.31 | -$1.57 | -$4.53 | -$9.98 | -$222.82 | -$94.65 |
| Diluted EPSper diluted share | -$2.31 | -$1.57 | -$4.53 | -$9.98 | -$222.82 | -$94.65 |
Reported shareholders
Reported holdings Number of shares
| Holder | Shares held |
|---|---|
ECLIPSE OPERATIONS, LLC | 7.7M |
Granahan Investment Management, LLC | 1.6M |
CANNELL CAPITAL LLC | 1.23M |
AWM Investment Company, Inc. | 1.23M |
VANGUARD CAPITAL MANAGEMENT LLC | 801.72K |
AMERIPRISE FINANCIAL INC | 512.66K |
JACOBS LEVY EQUITY MANAGEMENT, INC | 330.82K |
HARBOR CAPITAL ADVISORS, INC. | 329.94K |
BlackRock, Inc. | 329.88K |
Meros Investment Management, LP | 327.11K |
CITADEL ADVISORS LLC | 251.14K |
GEODE CAPITAL MANAGEMENT, LLC | 245.92K |
RENAISSANCE TECHNOLOGIES LLC | 207.74K |
XTX Topco Ltd | 178.82K |
Bleichroeder LP | 172K |
Man Group plc | 144K |
VANGUARD FIDUCIARY TRUST CO | 138.97K |
PERKINS CAPITAL MANAGEMENT INC | 106.5K |
STATE STREET CORP | 105.51K |
Squarepoint Ops LLC | 98.19K |
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 |
|---|---|---|---|---|---|---|
| Feb 27, 2026Form 4 | Crawford AmandaChief Financial Officer | SellCommon Stock | 6.9K | $11.50 | $79.3K | 212.8K |
| Feb 26, 2026Form 4 | Harris JonathanOther | SellCommon Stock | 12.7K | $11.50 | $145.8K | 339.3K |
| Feb 17, 2026Form 4 | Harris JonathanOther | SellCommon Stock | 3.5K | $10.65 | $37.7K | 310.3K |
| Jan 20, 2026Form 4 | Crawford AmandaChief Financial Officer | SellCommon Stock | 183 | $13.33 | $2.4K | 150.3K |
| Jan 20, 2026Form 4 | Harris JonathanPresident and CEO | SellCommon Stock | 2.3K | $13.33 | $30.8K | 264.4K |