Revenue
2022
2023
2024
2025
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Revenue | $300.0M | $108.7M | $87.6M | $66.5M | — |
| Gross profit | $129.2M | $39.5M | $17.8M | $19.8M | — |
| Gross margin | 43.07% | 36.33% | 20.30% | 29.83% | — |
| Operating expenses | $156.1M | $108.0M | $70.1M | $41.0M | $3.8M |
| Operating income | −$26.9M | −$68.5M | −$52.4M | −$21.2M | −$3.8M |
| Operating margin | −8.98% | −63.00% | −59.76% | −31.83% | — |
| EBITDA | −$23.9M | −$66.5M | −$51.4M | −$20.5M | — |
| EBITDA margin | −7.98% | −61.16% | −58.70% | −30.85% | — |
| Net income | −$45.4M | −$56.5M | −$269.6M | −$29.5M | $5.1M |
| Net profit margin | −15.12% | −51.91% | −307.65% | −44.34% | — |
| Basic EPSper basic share | -$0.52 | -$0.85 | -$4.94 | -$1.31 | — |
| Diluted EPSper diluted share | -$0.52 | -$1.22 | -$4.94 | -$1.31 | — |
Reported shareholders
Reported holdings Number of shares
| Holder | Shares held |
|---|---|
Whatley Devin | 5.94M |
VANGUARD CAPITAL MANAGEMENT LLC | 4.6M |
Carlyle Group Inc. | 2.34M |
Polar Asset Management Partners Inc. | 2.09M |
Carlyle CRSEF Solis Aggregator, S.C.Sp. / TC Group Cayman Investment Holdings, L.P. / CRSEF GP, L.L.C. / CRSEF Lux GP S.a r.l. / CRSEF Solis Holdings, L.L.C. / CRSEF Managing GP, L.P. / Carlyle Holdings II L.L.C. / Carlyle Holdings II GP L.L.C. / TC Group Cayman Investment Holdings Sub L.P. | 1.99M |
ARDSLEY ADVISORY PARTNERS LP | 1.42M |
DDD Partners, LLC | 1.38M |
PRELUDE CAPITAL MANAGEMENT, LLC | 1.27M |
BlackRock, Inc. | 1.25M |
MCCRANIE J DANIEL | 1.24M |
Anderson William James | 1.13M |
RENAISSANCE TECHNOLOGIES LLC | 1.09M |
WESTERLY CAPITAL MANAGEMENT, LLC | 1M |
Alyeska Investment Group, L.P. | 839.58K |
GEODE CAPITAL MANAGEMENT, LLC | 773.43K |
Diametric Capital, LP | 730.8K |
Qube Research & Technologies Ltd | 611K |
Yorkville Advisors Global, LP | 551K |
XTX Topco Ltd | 484.61K |
VANGUARD FIDUCIARY TRUST CO | 463.99K |
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 |
|---|---|---|---|---|---|---|
| Apr 8, 2026Form 4 | Rodgers Thurman JChief Executive Officer | BuySimple Agreement for Future Equity · derivative · indirect | — | $5.00M | $5.00M | — |
| Jan 29, 2026Form 4 | Rodgers Thurman JChief Executive Officer | Buy12% Convertible Senior Note due 2029 · derivative · indirect | — | $3.30M | $3.30M | — |
| Dec 16, 2025Form 5 | Thiam TidjaneDirector | SellCommon Stock | 87.0K | $1.60 | $139.1K | 80.2K |
| Oct 24, 2025Form 5 | Thiam TidjaneDirector | BuyCommon Stock | 87.0K | $2.01 | $174.8K | 167.2K |
| Oct 23, 2025Form 4 | Gishen AdamDirector | SellCommon Stock | 10.0K | $2.04 | $20.4K | 100.0K |