Revenue
2020
2021
2022
2023
2024
2025
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Revenue | $46.0M | $41.0M | $77.4M | $78.7M | $27.4M | $19.0M |
| Gross profit | −$7.4M | −$2.1M | −$26.3M | $843,000 | $5.0M | $6.4M |
| Gross margin | −16.11% | −5.08% | −33.92% | 1.07% | 18.07% | 33.55% |
| Research & development | $10.7M | $15.5M | $42.0M | $46.3M | $27.0M | $14.2M |
| Operating expenses | $47.5M | $76.7M | $107.0M | $107.2M | $62.7M | $27.6M |
| Operating income | −$54.9M | −$78.8M | −$133.3M | −$106.3M | −$57.8M | −$21.2M |
| Operating margin | −119.46% | −192.17% | −172.07% | −135.07% | −210.50% | −111.76% |
| EBITDA | −$51.5M | −$74.0M | −$123.9M | −$101.0M | −$54.8M | −$20.0M |
| EBITDA margin | −112.11% | −180.51% | −160.05% | −128.35% | −199.54% | −105.23% |
| Net income | −$71.4M | −$69.7M | −$135.1M | $8.0M | −$107.1M | −$21.8M |
| Net profit margin | −155.23% | −170.09% | −174.50% | 10.13% | −390.29% | −114.92% |
| Basic EPSper basic share | -$4.33 | -$82.32 | -$359.55 | $0.60 | -$27.30 | -$8.40 |
| Diluted EPSper diluted share | -$4.33 | -$82.32 | -$359.55 | $0.60 | -$27.30 | -$8.40 |
Reported shareholders
| Holder | % owned |
|---|---|
Jeldi Arun | ≈39.67%12.75M shares |
BlackRock, Inc. | 4.30%1.38M shares |
AWM Investment Company, Inc. | 4.11%1.32M shares |
Thieneman Kenneth Dale | ≈3.60%1.16M shares |
STATE STREET CORP | 3.12%1M shares |
Tema ETFs LLC | 2.37%762.16K shares |
Tidal Investments LLC | 2.36%760.26K shares |
VANGUARD CAPITAL MANAGEMENT LLC | 2.01%647.07K shares |
SUSQUEHANNA INTERNATIONAL GROUP, LLP | 1.79%575.6K shares |
NEXT CENTURY GROWTH INVESTORS LLC | 1.72%553.36K shares |
GEODE CAPITAL MANAGEMENT, LLC | 1.37%440.82K shares |
VANGUARD PORTFOLIO MANAGEMENT LLC | 1.16%372.04K shares |
JANE STREET GROUP, LLC | 1.00%321.6K shares |
UBS Group AG | 0.96%309.95K shares |
MILLENNIUM MANAGEMENT LLC | 0.94%303.44K shares |
Ghisallo Capital Management LLC | 0.62%200K shares |
ARK Investment Management LLC | 0.61%194.75K shares |
OPPENHEIMER & CO INC | 0.60%193.71K shares |
Jump Financial, LLC | 0.55%177.74K shares |
NORTHERN TRUST CORP | 0.41%131K shares |
Percentages use 32.15M 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 |
|---|---|---|---|---|---|---|
| Mar 4, 2026Form 4 | Jeldi ArunCEO | Buy12.0% Senior Secured Convertible Promissory Note · derivative · indirect | 5.00M | $6.39M | $31953.54B | 5.00M |
| Nov 3, 2025Form 4 | Lloyd Jason MichaelDirector | BuyCommon Stock · indirect | 1.0K | $4.95 | $5.0K | 13.4K |
| Sep 4, 2025Form 4 | Lloyd Jason MichaelDirector | BuyCommon Stock · indirect | 6.0K | $3.74 | $22.4K | 12.4K |
| Mar 15, 2025Form 4/A | Kreger Bradley AllenCOO | SellCommon Stock | 6.7K | — | — | 32.7K |
| Mar 15, 2025Form 4 | Kreger Bradley AllenCOO | SellCommon Stock | 6.7K | — | — | 9.6K |