Revenue
2012
2013
2022
2023
2024
2025
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 · Dec 31 | 2019 · Jun 30 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 · Dec 31 | 2013 · Aug 31 | 2012 · Dec 31 | 2012 · Aug 31 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | $0 | — | — | — | — | — | — | — | — | — | — | $5,129 | — | $7,941 |
| Gross profit | — | — | — | — | — | — | — | — | — | — | — | — | — | — | $1,093 | — | $2,142 |
| Gross margin | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 21.31% | — | 26.97% |
| Research & development | $26.9M | $46.2M | $54.8M | $113.3M | $90.6M | $36.0M | $7.9M | $7.0M | $2.9M | $1.3M | $6.2M | $7.9M | $839,959 | $5.2M | — | $667,474 | — |
| Operating expenses | $59.1M | $83.9M | $103.7M | $161.2M | $125.7M | $60.8M | $15.1M | $12.7M | $6.9M | $7.2M | $16.2M | $17.1M | $12.9M | $6.8M | $46,108 | $3.2M | $14,194 |
| Operating income | −$59.1M | −$83.9M | −$103.7M | −$161.2M | −$125.7M | −$60.8M | −$15.1M | −$12.7M | −$6.9M | −$7.2M | −$16.2M | −$17.1M | −$12.9M | −$6.8M | −$45,015 | −$3.2M | −$12,052 |
| Operating margin | — | — | — | — | — | — | — | — | — | — | — | — | — | — | −877.66% | — | −151.77% |
| EBITDA | −$59.1M | −$83.9M | −$103.7M | −$161.2M | −$125.7M | −$60.8M | −$15.1M | −$12.7M | −$6.9M | −$7.1M | −$16.2M | −$17.1M | −$12.9M | −$6.8M | — | — | — |
| Net income | −$57.4M | −$80.0M | −$98.8M | −$157.0M | −$125.8M | −$59.5M | −$15.0M | −$17.3M | −$9.0M | −$6.3M | −$3.0M | −$20.8M | −$21.3M | −$19.9M | −$45,015 | −$6.9M | −$12,052 |
| Net profit margin | — | — | — | — | — | — | — | — | — | — | — | — | — | — | −877.66% | — | −151.77% |
| Basic EPSper basic share | -$1.45 | -$2.65 | -$3.28 | -$5.30 | -$7.16 | -$3.81 | -$1.62 | -$2.74 | -$2.86 | -$2.08 | -$1.04 | -$8.36 | -$34.60 | -$163.60 | $0.00 | -$63.40 | $0.00 |
| Diluted EPSper diluted share | -$1.45 | -$2.65 | -$3.28 | -$5.30 | -$7.16 | -$3.81 | -$1.62 | -$2.74 | -$2.86 | -$2.08 | -$1.04 | -$8.36 | -$34.60 | -$163.60 | $0.00 | -$63.40 | $0.00 |
Reported shareholders
| Holder | % owned |
|---|---|
Jupiter Topco LLC | 10.47%11.16M shares |
BlackRock, Inc. | 6.96%7.43M shares |
Squadron Capital Management LLC | 6.89%7.35M shares |
Venrock Adviser, LLC | 6.42%6.84M shares |
Spruce Street Capital LP | 5.99%6.39M shares |
ADAGE CAPITAL PARTNERS GP, L.L.C. | 4.47%4.76M shares |
VANGUARD CAPITAL MANAGEMENT LLC | 4.18%4.46M shares |
Jones Hill Capital LP | 3.43%3.66M shares |
ORBIMED ADVISORS LLC | 3.40%3.63M shares |
STATE STREET CORP | 2.36%2.52M shares |
GEODE CAPITAL MANAGEMENT, LLC | 2.34%2.49M shares |
MILLENNIUM MANAGEMENT LLC | 2.21%2.36M shares |
MARSHALL WACE, LLP | 2.11%2.25M shares |
Ikarian Capital, LLC | 2.01%2.15M shares |
Driehaus Capital Management LLC | 2.00%2.13M shares |
AMERIPRISE FINANCIAL INC | 1.82%1.94M shares |
EVENTIDE ASSET MANAGEMENT, LLC | 1.74%1.86M shares |
Balyasny Asset Management L.P. | 1.43%1.52M shares |
STEMPOINT CAPITAL LP | 1.37%1.46M shares |
Commodore Capital LP | 1.34%1.43M shares |
Percentages use 106.67M shares of this listed class outstanding on Jun 30, 2026.
Gray completes the 100% scale. Reported positions may overlap; holders have different reporting dates.
| Transaction | Insider | Type | Shares | Price | Value | Owned after |
|---|---|---|---|---|---|---|
| Dec 15, 2025Form 4 | TRAVERSA SERGIOChief Executive Officer | BuyCommon Stock | 27.5K | $4.12 | $113.3K | 1.30M |
| Dec 15, 2025Form 4 | Shenouda MagedChief Financial Officer | BuyCommon Stock | 11.7K | $4.12 | $48.1K | 800.0K |
| Nov 5, 2025Form 4 | Ence ChuckCAO and COO | BuyCommon Stock | 136.0K | $2.20 | $299.2K | 403.9K |
| Nov 5, 2025Form 4 | TRAVERSA SERGIOChief Executive Officer | BuyCommon Stock | 272.5K | $2.20 | $599.5K | 1.27M |
| Nov 5, 2025Form 4 | Shenouda MagedChief Financial Officer | BuyCommon Stock | 500.0K | $2.20 | $1.10M | 788.3K |