Revenue
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | — | — |
| Research & development | $142.0M | $171.2M | $186.3M | $165.6M | $125.5M | $105.4M | $57.9M | $53.3M | $14.9M | $6.0M | $12.6M | $5.6M |
| Operating expenses | $231.7M | $273.2M | $259.7M | $224.3M | $167.2M | $134.3M | $76.2M | $71.2M | $19.8M | $7.6M | — | — |
| Operating income | −$231.7M | −$273.2M | −$259.7M | −$224.3M | −$167.2M | −$134.3M | −$76.2M | −$71.2M | −$19.8M | −$7.6M | −$20.4M | −$7.7M |
| EBITDA | −$222.8M | −$266.0M | −$254.8M | −$220.4M | −$164.0M | −$133.2M | −$75.7M | −$70.8M | −$19.6M | −$7.5M | −$20.4M | −$7.7M |
| Net income | −$223.1M | −$258.7M | −$245.6M | −$221.9M | −$169.1M | −$139.7M | −$77.3M | −$74.5M | −$19.6M | −$7.6M | −$68.0M | −$9.5M |
| Basic EPSper basic share | -$2.01 | -$2.73 | -$2.92 | -$3.26 | -$2.67 | -$2.52 | -$1.58 | -$1.89 | -$2.88 | -$1.11 | -$14.88 | -$54.08 |
| Diluted EPSper diluted share | -$2.01 | -$2.73 | -$2.92 | -$3.26 | -$2.67 | -$2.52 | -$1.58 | -$1.89 | -$2.88 | -$1.11 | -$14.88 | -$54.08 |
Reported shareholders
| Holder | % owned |
|---|---|
WONG RODERICK | ≈16.65%18.24M shares |
RTW INVESTMENTS, LP | 16.15%17.69M shares |
BlackRock, Inc. | 9.06%9.92M shares |
VANGUARD PORTFOLIO MANAGEMENT LLC | 5.30%5.81M shares |
CITIGROUP INC | 4.44%4.87M shares |
MARSHALL WACE, LLP | 3.68%4.03M shares |
MILLENNIUM MANAGEMENT LLC | 3.65%4M shares |
Newtyn Management, LLC | 3.65%4M shares |
MAVERICK CAPITAL LTD | 3.58%3.92M shares |
VANGUARD CAPITAL MANAGEMENT LLC | 3.45%3.78M shares |
AQR CAPITAL MANAGEMENT LLC | 3.09%3.39M shares |
GOLDMAN SACHS GROUP INC | 2.59%2.83M shares |
Monaco Asset Management SAM | 2.26%2.48M shares |
GEODE CAPITAL MANAGEMENT, LLC | 2.16%2.37M shares |
FEDERATED HERMES, INC. | 2.10%2.3M shares |
JPMORGAN CHASE & CO | 1.82%1.99M shares |
JACOBS LEVY EQUITY MANAGEMENT, INC | 1.80%1.97M shares |
STATE STREET CORP | 1.66%1.82M shares |
Shah Gaurav | ≈1.34%1.47M shares |
DIMENSIONAL FUND ADVISORS LP | 1.03%1.13M shares |
Percentages use 109.54M 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 |
|---|---|---|---|---|---|---|
| May 21, 2026Form 4 | Shah GauravCEO | SellCommon Stock | 55.7K | $3.09 | $172.1K | 1.06M |
| May 19, 2026Form 4 | Shah GauravCEO | SellCommon Stock | 2.4K | $3.01 | $7.3K | 1.04M |
| May 19, 2026Form 4 | Wilson MartinGeneral Counsel | SellCommon Stock | 662 | $3.01 | $2.0K | 678.0K |
| May 19, 2026Form 4 | Militello JohnSee Remarks | SellCommon Stock | 384 | $3.01 | $1.2K | 89.8K |
| May 13, 2026Form 4 | Wilson MartinGeneral Counsel | SellCommon Stock | 3.4K | $3.61 | $12.1K | 678.6K |