Revenue
2019
2020
2021
2022
2023
2024
2025
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|
| Revenue | $111.8M | $82.1M | $79.9M | $23.2M | $0 | $20.3M | $7.2M |
| Gross profit | $72.9M | $42.1M | $42.0M | $13.2M | −$696,000 | $2.7M | −$860,000 |
| Gross margin | 65.21% | 51.31% | 52.65% | 57.11% | — | 13.49% | −11.92% |
| Research & development | — | — | — | — | $10.8M | $4.4M | $2.9M |
| Operating expenses | $93.9M | $132.5M | $116.7M | $82.5M | $35.1M | $18.0M | $12.7M |
| Operating income | $17.9M | −$50.4M | −$36.8M | −$59.3M | −$35.1M | −$15.3M | −$13.6M |
| Operating margin | 16.04% | −61.37% | −46.10% | −255.64% | — | −75.20% | −188.07% |
| EBITDA | $48.1M | −$26.0M | −$15.2M | −$52.8M | −$35.1M | −$14.7M | −$13.3M |
| EBITDA margin | 43.05% | −31.68% | −19.07% | −227.80% | — | −72.14% | −183.65% |
| Net income | −$26.0M | −$70.5M | −$65.8M | −$93.9M | $28.8M | −$60.6M | −$14.9M |
| Net profit margin | −23.28% | −85.85% | −82.43% | −404.98% | — | −297.99% | −206.53% |
| Basic EPSper basic share | -$1.44 | -$3.82 | -$3.58 | -$5.27 | $1.68 | -$5.76 | -$0.02 |
| Diluted EPSper diluted share | -$1.44 | -$3.82 | -$3.58 | -$5.27 | $1.52 | -$5.76 | -$0.02 |
Reported shareholders
Reported holdings Number of shares
| Holder | Shares held |
|---|---|
Steel Connect LLC / SPH Group LLC / Steel Excel Inc. / Steel Partners Holdings GP Inc. / STEEL PARTNERS HOLDINGS L.P. / Steel Connect Sub LLC / SPH Group Holdings LLC | 3.43M |
Griffin Kevin | 751.81K |
Hayes Christopher M. | 695.04K |
Kravetz Shawn W | 506.88K |
Fong Christian S. | 454.34K |
LEDECKY JONATHAN J | 450.59K |
Norling Jonathan McWhinnie | 403.25K |
Wells Sarah Weber | 198.36K |
Miller John P. | 155.59K |
Lee Ja-Chin | 143.93K |
Tech Eric M. | 122.56K |
Nagy McBane Clara | 107.76K |
Cimino Thomas James | 60K |
HOWARD JACK L | 50K |
Bars compare reported share counts. A matching total for this share class and reporting period is unavailable, so percentages are not shown.
| Transaction | Insider | Type | Shares | Price | Value | Owned after |
|---|---|---|---|---|---|---|
| Jun 15, 2026Form 4 | Norling Jonathan McWhinnieChief Legal Officer | SellCommon Stock | 15.0K | $2.84 | $42.6K | 403.3K |
| Apr 20, 2026Form 4 | Steel Connect LLC +6TenPercentOwner | BuyCommon Stock, par value $0.0001 per share · indirect | 24.3K | $4.13 | $100.5K | 3.43M |
| Apr 17, 2026Form 4 | Steel Partners Holdings GP Inc. +6TenPercentOwner | BuyCommon Stock, par value $0.0001 per share · indirect | 3.6K | $4.03 | $14.7K | 3.41M |
| Apr 16, 2026Form 4 | Steel Partners Holdings GP Inc. +6TenPercentOwner | BuyCommon Stock, par value $0.0001 per share · indirect | 141 | $4.10 | $578.10 | 3.40M |
| Apr 15, 2026Form 4 | Steel Partners Holdings GP Inc. +6TenPercentOwner | BuyCommon Stock, par value $0.0001 per share · indirect | 10.5K | $4.09 | $42.8K | 3.40M |