Revenue
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $13.8M | $19.7M | $21.2M | $16.2M | $12.7M | $8.6M | $10.3M | $12.6M | $12.1M | $11.4M | $19.0M | $27.8M | $26.1M | $14.9M | $21.0M | $26.2M | $15.1M |
| Gross profit | $3.0M | $12.1M | $14.5M | $8.8M | $7.4M | $4.2M | $5.9M | $6.3M | $5.5M | $3.8M | $7.5M | $11.0M | $8.8M | $7.1M | $12.5M | $16.6M | $7.2M |
| Gross margin | 22.03% | 61.54% | 68.34% | 54.40% | 58.49% | 49.20% | 57.27% | 50.15% | 45.45% | 33.04% | 39.80% | 39.68% | 33.63% | 47.28% | 59.38% | 63.32% | 47.82% |
| Research & development | $5.3M | $5.8M | $6.4M | $5.0M | $6.9M | $7.5M | $12.3M | $9.9M | $9.6M | $12.3M | $14.1M | $12.2M | $8.4M | $8.7M | $9.8M | $7.5M | $6.2M |
| Operating expenses | $15.0M | $14.6M | $14.4M | $12.6M | $14.9M | $15.1M | $21.3M | $19.9M | $19.5M | $22.6M | $25.1M | $23.8M | $20.6M | $19.2M | $19.8M | $17.5M | $16.9M |
| Operating income | −$11.9M | −$2.5M | $70,000 | −$3.8M | −$7.5M | −$10.9M | −$15.4M | −$13.6M | −$13.9M | −$18.8M | −$17.5M | −$12.8M | −$11.8M | −$12.2M | −$7.3M | −$941,000 | −$9.7M |
| Operating margin | −86.53% | −12.82% | 0.33% | −23.49% | −59.25% | −125.89% | −149.01% | −107.66% | −114.82% | −164.63% | −92.39% | −45.97% | −45.22% | −81.36% | −35.05% | −3.59% | −64.15% |
| EBITDA | −$6.5M | $1.5M | $1.9M | −$2.7M | −$6.5M | −$10.1M | −$14.2M | −$12.3M | −$12.6M | −$17.5M | −$16.1M | −$11.3M | −$10.5M | −$10.9M | −$6.1M | $295,000 | −$7.9M |
| EBITDA margin | −47.53% | 7.41% | 8.85% | −16.40% | −51.34% | −116.42% | −137.36% | −97.55% | −103.52% | −152.96% | −84.95% | −40.55% | −40.09% | −73.17% | −29.23% | 1.13% | −52.54% |
| Net income | −$14.8M | −$3.8M | −$263,000 | −$4.3M | −$6.6M | −$11.2M | −$15.4M | −$13.8M | −$14.1M | −$19.1M | −$17.8M | −$13.1M | −$12.3M | −$12.3M | −$7.6M | $123,000 | −$9.8M |
| Net profit margin | −107.56% | −19.55% | −1.24% | −26.37% | −52.16% | −129.15% | −149.80% | −109.11% | −116.31% | −167.66% | −94.15% | −46.97% | −47.08% | −82.40% | −36.22% | 0.47% | −64.71% |
| Basic EPSper basic share | -$0.91 | -$0.26 | -$0.02 | -$0.34 | -$0.57 | -$1.14 | -$2.02 | -$2.16 | -$35.31 | -$56.89 | -$62.77 | -$45.12 | -$52.96 | -$56.89 | -$41.19 | $0.00 | -$62.77 |
| Diluted EPSper diluted share | -$0.91 | -$0.26 | -$0.02 | -$0.34 | -$0.57 | -$1.14 | -$2.02 | -$2.16 | -$35.31 | -$56.89 | -$62.77 | -$45.12 | -$52.96 | -$56.89 | -$41.19 | $0.00 | -$62.77 |
Reported shareholders
| Holder | % owned |
|---|---|
BlackRock, Inc. | ≈5.81%1.07M shares |
VANGUARD CAPITAL MANAGEMENT LLC | ≈3.94%722.2K shares |
D. E. Shaw & Co., Inc. | ≈3.39%621.05K shares |
GEODE CAPITAL MANAGEMENT, LLC | ≈2.38%435.55K shares |
ROYAL BANK OF CANADA | ≈1.83%335.7K shares |
STATE STREET CORP | ≈1.73%316.57K shares |
TWO SIGMA INVESTMENTS, LP | ≈1.62%296.38K shares |
HERALD INVESTMENT MANAGEMENT Ltd | ≈1.43%261.5K shares |
PERKINS CAPITAL MANAGEMENT INC | ≈1.41%257.62K shares |
MILLENNIUM MANAGEMENT LLC | ≈1.02%187.08K shares |
T. Rowe Price Investment Management, Inc. | ≈0.95%173.54K shares |
JANE STREET GROUP, LLC | ≈0.89%163.05K shares |
Taylor Frigon Capital Management LLC | ≈0.77%140.75K shares |
NORTHERN TRUST CORP | ≈0.70%127.62K shares |
Themes Management Co LLC | ≈0.69%126.42K shares |
SAXE TIMOTHY | ≈0.69%125.92K shares |
ACADIAN ASSET MANAGEMENT LLC | ≈0.68%123.9K shares |
VANGUARD FIDUCIARY TRUST CO | ≈0.62%114.1K shares |
VANGUARD PORTFOLIO MANAGEMENT LLC | ≈0.62%113.55K shares |
RENAISSANCE TECHNOLOGIES LLC | ≈0.62%113.5K shares |
Percentages use 18.32M shares of this listed class outstanding on Jun 28, 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 |
|---|---|---|---|---|---|---|
| May 20, 2026Form 4 | Kim JoyceDirector | SellCommon Stock | 5.5K | $20.00 | $110.0K | 2.1K |
| May 20, 2026Form 4 | Faith Brian CPRESIDENT AND CEO | SellCommon Stock | 41.5K | $20.45 | $848.3K | 228.4K |
| May 18, 2026Form 4 | TAUSS GARY HDirector | SellCommon Stock | 2.2K | $19.20 | $42.1K | 15.9K |
| Apr 14, 2026Form 4 · 10b5-1 | FARESE MICHAEL J.Director | SellCommon Stock | 4.8K | $11.71 | $56.2K | 30.5K |
| Apr 6, 2026Form 4 · 10b5-1 | FARESE MICHAEL J.Director | SellCommon Stock | 4.0K | $10.31 | $41.2K | 35.3K |