Revenue
2020
2021
2022
2023
2024
2025
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | $0 | $0 | $138,000 |
| Research & development | $24.7M | $11.8M | $39.6M | $141.1M | $107.3M | $19.4M |
| Operating expenses | $78.6M | $73.5M | $159.2M | $226.5M | $155.6M | $33.8M |
| Operating income | −$78.6M | −$73.5M | −$159.2M | −$226.5M | −$155.6M | −$33.6M |
| Operating margin | — | — | — | — | — | −24,379.71% |
| EBITDA | −$78.0M | −$69.9M | −$154.4M | −$220.5M | −$152.8M | −$33.4M |
| EBITDA margin | — | — | — | — | — | −24,194.20% |
| Net income | −$71.4M | −$74.1M | −$156.1M | −$223.2M | −$156.8M | −$37.7M |
| Net profit margin | — | — | — | — | — | −27,346.38% |
| Basic EPSper basic share | -$10.70 | -$11.39 | -$24.00 | -$34.46 | -$29.60 | -$47.20 |
| Diluted EPSper diluted share | -$10.70 | -$11.39 | -$24.00 | -$34.46 | -$29.60 | -$47.20 |
Reported shareholders
| Holder | % owned |
|---|---|
BML Capital Management, LLC | 9.52%645.6K shares |
Vivo Capital, LLC | 4.32%292.74K shares |
Kalehua Capital Management LLC | 2.94%199.2K shares |
UBS Group AG | 2.62%177.42K shares |
VANGUARD CAPITAL MANAGEMENT LLC | 2.41%163.74K shares |
MILLENNIUM MANAGEMENT LLC | 1.98%134.58K shares |
BlackRock, Inc. | 0.82%55.5K shares |
RENAISSANCE TECHNOLOGIES LLC | 0.74%50.3K shares |
NOMURA ASSET MANAGEMENT INTERNATIONAL INC. | 0.74%50K shares |
JACOBS LEVY EQUITY MANAGEMENT, INC | 0.63%43.05K shares |
GEODE CAPITAL MANAGEMENT, LLC | 0.62%42.23K shares |
LPL Financial LLC | 0.47%32.08K shares |
CITADEL ADVISORS LLC | 0.45%30.64K shares |
VANGUARD FIDUCIARY TRUST CO | 0.34%22.77K shares |
STATE STREET CORP | 0.26%17.6K shares |
Americana Partners, LLC | 0.24%16.18K shares |
DIMENSIONAL FUND ADVISORS LP | 0.23%15.76K shares |
MORGAN STANLEY | 0.18%11.93K shares |
Vanguard Global Advisers, LLC | 0.02%1.47K shares |
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO | <0.01%550 shares |
Percentages use 6.78M shares of this listed class outstanding on Jun 30, 2026.
Gray completes the 100% scale. Reported positions may overlap; holders have different reporting dates.
| Transaction | Insider | Type | Shares | Price | Value | Owned after |
|---|---|---|---|---|---|---|
| Sep 10, 2025Form 4 | Laumas SandeepCFO and CBO | SellCommon Stock | 12.5K | $23.88 | $297.6K | 0 |
| Sep 10, 2025Form 4 | Laumas SandeepCFO and CBO | SellCommon Stock | 17.5K | $23.04 | $404.1K | 12.5K |