Revenue
2023
2024
2025
| 2025 | 2024 | 2023 | |
|---|---|---|---|
| Revenue | $20.8M | $0 | $0 |
| Gross profit | −$3.8M | $0 | −$3.9M |
| Gross margin | −18.11% | — | — |
| Operating expenses | $64.1M | $21.2M | $1.1M |
| Operating income | −$67.9M | −$21.2M | −$5.0M |
| Operating margin | −326.13% | — | — |
| EBITDA | $83.2M | −$21.2M | −$5.0M |
| EBITDA margin | 399.50% | — | — |
| Net income | $74.0M | −$24.1M | −$5.0M |
| Net profit margin | 355.52% | — | — |
| Basic EPSper basic share | $0.52 | -$0.16 | -$0.03 |
| Diluted EPSper diluted share | $0.52 | -$0.16 | -$0.03 |
Reported shareholders
| Holder | % owned |
|---|---|
VANGUARD CAPITAL MANAGEMENT LLC | 1.14%4.49M shares |
GEODE CAPITAL MANAGEMENT, LLC | 0.19%747.65K shares |
UBS Group AG | 0.19%742.46K shares |
STATE STREET CORP | 0.17%673.45K shares |
BlackRock, Inc. | 0.12%467.9K shares |
MORGAN STANLEY | 0.10%396.51K shares |
LPL Financial LLC | 0.09%352.42K shares |
JANE STREET GROUP, LLC | 0.08%332.05K shares |
GOLDMAN SACHS GROUP INC | 0.08%313.96K shares |
J. Derek Lewis & Associates Inc. | 0.06%250K shares |
WELLINGTON MANAGEMENT GROUP LLP | 0.05%201.17K shares |
SUSQUEHANNA INTERNATIONAL GROUP, LLP | 0.05%195.19K shares |
HSBC HOLDINGS PLC | 0.03%128.74K shares |
TUDOR INVESTMENT CORP ET AL | 0.03%115.94K shares |
Larson Financial Group LLC | 0.03%115K shares |
Callan Family Office, LLC | 0.03%109.73K shares |
BANK OF AMERICA CORP /DE/ | 0.02%87.7K shares |
VANGUARD FIDUCIARY TRUST CO | 0.02%86.12K shares |
BARCLAYS PLC | 0.02%84.08K shares |
TWO SIGMA SECURITIES, LLC | 0.02%68.1K shares |
Percentages use 394.53M 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 |
|---|---|---|---|---|---|---|
| May 15, 2026Form 4 | SOULE RANDYTenPercentOwner | SellClass A Common Stock · indirect | 5.00M | $0.41 | $2.05M | 72.38M |
| Apr 30, 2026Form 4 | SOULE RANDYTenPercentOwner | SellClass A Common Stock · indirect | 9.00M | $0.34 | $3.06M | 63.81M |
| Mar 12, 2026Form 4 | SOULE RANDYTenPercentOwner | SellClass A Common Stock · indirect | 1.26M | $0.52 | $656.2K | 72.81M |
| Feb 25, 2026Form 4 | SOULE RANDYTenPercentOwner | SellClass A Common Stock · indirect | 2.00M | $0.12 | $240.0K | 74.07M |
| Jan 14, 2026Form 4 | SOULE RANDYTenPercentOwner | SellClass A Common Stock · indirect | 200.0K | $0.15 | $30.0K | 76.07M |