Revenue
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $149.2M | $74.9M | $71.3M | $65.2M | $55.3M | $49.2M | $62.7M | $52.8M | $40.4M | $34.2M |
| Gross profit | $72.3M | $54.2M | $51.7M | $49.7M | $43.7M | $37.7M | $47.3M | $40.3M | $30.8M | $27.6M |
| Gross margin | 48.48% | 72.32% | 72.47% | 76.26% | 78.93% | 76.54% | 75.44% | 76.42% | 76.18% | 80.65% |
| Research & development | $6.6M | $12.8M | $9.5M | $9.3M | $7.9M | $9.2M | $13.7M | $8.2M | $7.9M | $8.2M |
| Operating expenses | $103.7M | $88.7M | $82.3M | $84.8M | $71.2M | $60.0M | $74.2M | $60.2M | $44.4M | $36.9M |
| Operating income | −$31.4M | −$34.6M | −$30.6M | −$35.1M | −$27.6M | −$22.3M | −$26.9M | −$19.8M | −$13.6M | −$9.3M |
| Operating margin | −21.08% | −46.15% | −42.82% | −53.85% | −49.83% | −45.30% | −42.98% | −37.58% | −33.66% | −27.28% |
| EBITDA | −$28.0M | −$32.5M | −$28.5M | −$33.5M | −$26.5M | −$21.4M | −$25.9M | −$19.0M | −$13.0M | −$8.7M |
| EBITDA margin | −18.75% | −43.38% | −40.01% | −51.32% | −47.92% | −43.39% | −41.28% | −35.91% | −32.18% | −25.31% |
| Net income | −$39.0M | −$43.7M | −$30.2M | −$37.2M | −$31.2M | −$27.5M | −$29.0M | −$24.1M | −$16.1M | −$11.2M |
| Net profit margin | −26.15% | −58.36% | −42.31% | −56.99% | −56.39% | −55.75% | −46.35% | −45.66% | −39.72% | −32.82% |
| Basic EPSper basic share | -$0.59 | -$1.38 | -$1.05 | -$1.38 | -$1.22 | -$1.46 | -$1.58 | -$2.69 | -$86.34 | -$76.95 |
| Diluted EPSper diluted share | -$0.59 | -$1.38 | -$1.05 | -$1.38 | -$1.22 | -$1.46 | -$1.58 | -$2.69 | -$86.34 | -$76.95 |
Reported shareholders
| Holder | % owned |
|---|---|
Madryn Asset Management, LP | 24.33%18.54M shares |
Chernett Jorey | ≈13.85%10.55M shares |
UBS Group AG | 2.99%2.28M shares |
Cucuz Sasha | ≈2.70%2.06M shares |
WEXFORD CAPITAL LP | 2.63%2M shares |
FourWorld Capital Management LLC | 2.29%1.74M shares |
Lane Generational LLC | 2.14%1.63M shares |
Sullivan Keith J | ≈2.09%1.59M shares |
VANGUARD CAPITAL MANAGEMENT LLC | 1.98%1.51M shares |
REUVERS DANIEL L. | ≈1.97%1.5M shares |
MASTERS CAPITAL MANAGEMENT LLC | 1.31%1M shares |
MACAN WILLIAM ANDREW | ≈1.18%897.27K shares |
Pfanstiel Steven | ≈1.10%836.64K shares |
AdvisorShares Investments LLC | 0.97%742.8K shares |
Ikarian Capital, LLC | 0.92%701.18K shares |
CASCELLA ROBERT | ≈0.82%625.02K shares |
BlackRock, Inc. | 0.78%596.62K shares |
HighTower Advisors, LLC | 0.74%563.74K shares |
MARSHALL WACE, LLP | 0.64%485.69K shares |
GEODE CAPITAL MANAGEMENT, LLC | 0.60%458.47K shares |
Percentages use 76.19M 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 19, 2026Form 4 | Chernett JoreyTenPercentOwner | BuyCommon Stock | 100.0K | $1.17 | $117.0K | 10.55M |
| May 12, 2026Form 4 | Chernett JoreyTenPercentOwner | BuyCommon Stock | 475.0K | $1.34 | $636.5K | 10.45M |
| Apr 21, 2026Form 4 | Chernett JoreyTenPercentOwner | BuyCommon Stock | 100.0K | $1.51 | $151.0K | 9.98M |
| Apr 20, 2026Form 4 | Chernett JoreyTenPercentOwner | BuyCommon Stock | 100.0K | $1.58 | $158.0K | 9.88M |
| Mar 30, 2026Form 4 | Chernett JoreyTenPercentOwner | BuyCommon Stock | 385.4K | $1.25 | $481.8K | 9.78M |