Revenue
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $27.2M | $33.7M | $17.7M | $19,000 | $16,000 | $8.3M | $32.3M | $23.5M | $38.4M | $27.3M | $41.9M | $29.3M | $7.6M | $0 | $0 |
| Gross profit | $74,000 | −$9.0M | −$1.7M | −$6.8M | −$7.0M | −$4.7M | $2.0M | $11.3M | $14.0M | $11.5M | $12.6M | $11.5M | $4.5M | $0 | $0 |
| Gross margin | 0.27% | −26.62% | −9.54% | −36,010.53% | −43,650.00% | −55.94% | 6.14% | 48.06% | 36.40% | 41.96% | 30.05% | 39.15% | 59.35% | — | — |
| Research & development | $54.4M | $41.5M | $20.4M | $4.7M | — | — | $1.4M | $1.7M | $4.3M | $2.9M | $5.4M | $7.7M | $18.5M | $9.0M | $3.8M |
| Operating expenses | $69.5M | $54.1M | $29.2M | $13.0M | $9.8M | $8.7M | $10.3M | $10.0M | $12.6M | $11.2M | $14.4M | $18.5M | $28.9M | $18.4M | $16.5M |
| Operating income | −$69.4M | −$63.1M | −$30.8M | −$19.8M | −$16.8M | −$13.3M | −$8.3M | $1.3M | $1.4M | $271,000 | −$1.9M | −$7.0M | −$24.4M | −$18.4M | −$16.5M |
| Operating margin | −255.01% | −187.17% | −174.46% | −104,178.95% | −104,731.25% | −160.43% | −25.66% | 5.56% | 3.61% | 0.99% | −4.43% | −23.78% | −320.18% | — | — |
| EBITDA | −$64.9M | −$60.0M | −$28.7M | −$16.8M | −$12.9M | −$9.1M | −$3.9M | $4.9M | $6.3M | $5.4M | $4.6M | $664,000 | −$23.8M | −$17.8M | −$16.0M |
| EBITDA margin | −238.40% | −177.87% | −162.20% | −88,310.53% | −80,768.75% | −109.16% | −11.98% | 20.90% | 16.36% | 19.83% | 11.10% | 2.26% | −313.13% | — | — |
| Net income | −$74.9M | −$53.2M | −$30.7M | −$17.1M | −$22.9M | −$14.8M | −$8.4M | $4.5M | $76,000 | −$3.0M | −$795,000 | −$8.7M | −$30.4M | −$17.6M | −$16.4M |
| Net profit margin | −275.29% | −157.80% | −173.40% | −90,210.53% | −143,362.50% | −177.79% | −26.10% | 19.30% | 0.20% | −11.02% | −1.90% | −29.81% | −398.54% | — | — |
| Basic EPSper basic share | -$0.20 | -$0.17 | -$0.12 | -$0.08 | -$0.12 | -$0.09 | -$0.05 | $0.03 | $0.00 | -$0.02 | -$0.01 | -$0.07 | -$0.25 | -$0.15 | -$0.16 |
| Diluted EPSper diluted share | -$0.20 | -$0.17 | -$0.12 | -$0.08 | -$0.12 | -$0.09 | -$0.05 | $0.03 | $0.00 | -$0.02 | -$0.01 | -$0.07 | -$0.25 | -$0.15 | -$0.16 |
Reported shareholders
| Holder | % owned |
|---|---|
ALPS ADVISORS INC | 14.11%53.34M shares |
BlackRock, Inc. | 7.57%28.63M shares |
STATE STREET CORP | 6.98%26.41M shares |
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | 6.93%26.2M shares |
VAN ECK ASSOCIATES CORP | 6.20%23.45M shares |
MANUFACTURERS LIFE INSURANCE COMPANY, THE | 4.39%16.62M shares |
VANGUARD CAPITAL MANAGEMENT LLC | 4.15%15.7M shares |
Azarias Capital Management, L.P. | 3.49%13.2M shares |
GEODE CAPITAL MANAGEMENT, LLC | 2.46%9.32M shares |
Vident Advisory, LLC | 2.04%7.72M shares |
Lloyd Harbor Capital Management, LLC | 1.32%4.98M shares |
Goehring & Rozencwajg Associates, LLC | 1.16%4.38M shares |
NOMURA HOLDINGS INC | 1.12%4.22M shares |
DEUTSCHE BANK AG\ | 0.90%3.42M shares |
NORTHERN TRUST CORP | 0.79%3.01M shares |
VANGUARD PORTFOLIO MANAGEMENT LLC | 0.70%2.63M shares |
VANGUARD FIDUCIARY TRUST CO | 0.68%2.58M shares |
Tidal Investments LLC | 0.51%1.92M shares |
Defiance ETFs, LLC | 0.51%1.91M shares |
GeoSphere Capital Management, LLC | 0.50%1.88M shares |
Percentages use 378.17M 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 |
|---|---|---|---|---|---|---|
| Mar 18, 2026Form 4 | Walle JadeVICE PRESIDENT FINANCE | BuyCommon Shares | 107.9K | $1.39 | $150.0K | 251.9K |
| Nov 20, 2025Form 4 | Walle JadeVICE PRESIDENT FINANCE | BuyCommon Shares | 144.0K | $1.27 | $182.9K | 144.0K |
| Nov 14, 2025Form 4 | Gili Matthew DavidPRESIDENT | BuyCommon Shares | 155.0K | $1.21 | $187.6K | 155.0K |
| Nov 12, 2025Form 4 | HUBER GARY CDirector | SellCommon Shares | 50.0K | $1.29 | $64.5K | 541.6K |
| Nov 11, 2025Form 4 | CASH JOHNBoard Chairman, CEO | SellCommon Shares | 189.3K | $1.27 | $240.4K | 661.0K |