Revenue
2020
2021
2022
2023
2024
2025
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Revenue | $30.3M | $56.6M | $46.7M | $38.0M | $31.3M | $23.6M |
| Gross profit | $125.8M | $167.4M | $31.1M | $27.2M | $27.7M | $21.4M |
| Gross margin | 415.83% | 295.81% | 66.45% | 71.61% | 88.40% | 90.88% |
| Research & development | $5.4M | $0 | $12.7M | $9.1M | $9.2M | $10.0M |
| Operating expenses | $376.3M | $140.0M | $152.2M | $88.7M | $67.2M | $6,276 |
| Operating income | −$346.0M | −$83.4M | −$105.4M | −$50.6M | −$35.8M | −$35.3M |
| Operating margin | −1,143.71% | −147.37% | −225.55% | −133.13% | −114.44% | −149.65% |
| EBITDA | −$341.4M | −$79.3M | −$101.3M | −$46.7M | −$32.1M | −$31.5M |
| EBITDA margin | −1,128.43% | −140.22% | −216.68% | −122.71% | −102.37% | −133.62% |
| Net income | −$374.1M | −$72.8M | −$114.3M | −$23.4M | −$88.4M | −$6,276 |
| Net profit margin | −1,236.42% | −128.66% | −244.59% | −61.43% | −282.35% | −0.03% |
| Basic EPSper basic share | -$36.48 | -$7.24 | -$44.80 | -$5.95 | -$23.45 | -$12.60 |
| Diluted EPSper diluted share | -$36.48 | -$8.05 | -$44.80 | -$5.95 | -$23.45 | -$12.60 |
Reported shareholders
| Transaction | Insider | Type | Shares | Price | Value | Owned after |
|---|---|---|---|---|---|---|
| Apr 17, 2026Form 4 | Ma Stephen HoiCFO, COO and Secretary | BuyWarrant (right to buy) · derivative | 650.0K | $0.15 | $97.5K | 650.0K |
| Apr 17, 2026Form 4 | Ji HenryExec Chair, CEO and President | SellWarrant (right to buy) · derivative | 650.0K | $0.15 | $97.5K | 2.60M |
| Apr 16, 2026Form 4 | Ji HenryExec Chair, CEO and President | BuyWarrant (right to buy) · derivative | 3.25M | $0.15 | $487.5K | 3.25M |
| Dec 30, 2025Form 4 | Scilex Holding CoTenPercentOwner | SellCommon Stock | 9.66M | $0.54 | $5.21M | 244.45M |
| Dec 29, 2025Form 4 | Scilex Holding CoTenPercentOwner | SellCommon Stock | 7.31M | $0.66 | $4.83M | 254.10M |