Revenue
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 · Dec 31 | 2015 · Jun 30 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $35.3M | $22.5M | $22.4M | $16.4M | $1.4M | $1.4M | $4.9M | $2.0M | $529,000 | $332,000 | $38,000 | — | — |
| Gross profit | $15.8M | $533,000 | $3.1M | $2.7M | −$811,000 | −$17.4M | −$19.4M | −$8.1M | −$3.4M | −$328,000 | $38,000 | — | — |
| Gross margin | 44.71% | 2.37% | 13.81% | 16.63% | −58.18% | −1,269.44% | −394.96% | −399.51% | −639.89% | −98.80% | 100.00% | — | — |
| Research & development | $31.6M | $41.1M | $48.8M | $39.7M | $27.2M | $20.4M | $38.4M | $31.9M | $30.7M | $26.3M | $18.3M | — | $12.9M |
| Operating expenses | $84.1M | $75.4M | $78.7M | $71.4M | $56.4M | $61.8M | $111.2M | $79.4M | $52.9M | $42.1M | $28.9M | $67,590 | — |
| Operating income | −$68.3M | −$74.8M | −$75.6M | −$68.6M | −$57.2M | −$79.1M | −$130.7M | −$87.6M | −$56.3M | −$42.4M | −$28.8M | — | −$18.7M |
| Operating margin | −193.83% | −333.05% | −337.66% | −418.74% | −4,102.01% | −5,784.36% | −2,653.57% | −4,295.14% | −10,645.18% | −12,781.02% | −75,821.05% | — | — |
| EBITDA | −$66.8M | −$73.4M | −$74.3M | −$67.6M | −$55.9M | −$78.0M | −$129.7M | −$87.3M | −$56.1M | −$42.3M | −$28.7M | — | −$18.5M |
| EBITDA margin | −189.54% | −326.48% | −331.96% | −412.73% | −4,013.13% | −5,700.95% | −2,633.25% | −4,281.90% | −10,602.27% | −12,734.34% | −75,510.53% | — | — |
| Net income | −$69.1M | −$78.6M | −$60.4M | $142.1M | −$302.5M | −$175.2M | −$115.5M | −$94.0M | −$59.1M | −$43.9M | −$29.9M | −$67,590 | −$18.9M |
| Net profit margin | −196.03% | −349.84% | −269.73% | 867.16% | −21,698.28% | −12,804.68% | −2,346.65% | −4,608.68% | −11,172.21% | −13,231.93% | −78,623.68% | — | — |
| Basic EPSper basic share | -$1.66 | -$2.50 | -$2.20 | $6.00 | -$14.40 | -$15.40 | -$12.20 | -$12.00 | -$10.20 | -$9.80 | -$86.40 | — | -$197.80 |
| Diluted EPSper diluted share | -$1.66 | -$2.50 | -$2.20 | -$2.20 | -$14.40 | -$15.40 | -$12.20 | -$12.00 | -$10.20 | -$9.80 | -$86.40 | — | -$197.80 |
Reported shareholders
| Holder | % owned |
|---|---|
Sessa Capital IM, L.P. | 8.39%4.44M shares |
BlackRock, Inc. | 5.28%2.79M shares |
VANGUARD CAPITAL MANAGEMENT LLC | 3.37%1.78M shares |
Avidity Partners Management LP | 3.03%1.6M shares |
Sio Capital Management, LLC | 3.01%1.59M shares |
UBS Group AG | 2.81%1.49M shares |
Goodnow Timothy T | ≈2.16%1.14M shares |
GEODE CAPITAL MANAGEMENT, LLC | 2.14%1.13M shares |
MASTERS CAPITAL MANAGEMENT LLC | 1.32%700K shares |
STATE STREET CORP | 0.97%511.12K shares |
JAIN Mukul | ≈0.95%500.86K shares |
MARSHALL WACE, LLP | 0.77%405.7K shares |
BANK OF AMERICA CORP /DE/ | 0.75%394.47K shares |
CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 0.74%393.21K shares |
NORTHERN TRUST CORP | 0.63%332.27K shares |
VANGUARD FIDUCIARY TRUST CO | 0.63%331.35K shares |
Walleye Capital LLC | 0.61%324.26K shares |
Horton Kenneth L | ≈0.54%285.51K shares |
VANGUARD PORTFOLIO MANAGEMENT LLC | 0.52%272.38K shares |
GOLDMAN SACHS GROUP INC | 0.44%231.51K shares |
Percentages use 52.86M 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 12, 2026Form 4 | ROEDER DOUGLAS ADirector | BuyCommon Stock | 22.7K | $5.56 | $126.1K | 144.6K |
| Mar 13, 2026Form 4 | Goodnow Timothy TPresident and CEO | BuyCommon Stock | 17.2K | $5.79 | $99.7K | 651.2K |
| Mar 13, 2026Form 4 | ROEDER DOUGLAS ADirector | BuyCommon Stock | 17.5K | $5.73 | $100.3K | 119.7K |
| Nov 10, 2025Form 4 | Steven EdelmanDirector | BuyCommon Stock | 10.0K | $6.55 | $65.5K | 74.7K |
| Nov 7, 2025Form 4 | Sullivan Frederick T.Chief Financial Officer | BuyCommon Stock | 5.4K | $5.88 | $31.8K | 157.0K |