Revenue
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 | 2010 | 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $162,000 | $5,000 | $7,000 | $48,000 | $35,000 | $302.6M | $85,000 | $63,000 | $1.5M | $1.6M | — | — | — | — | — | — | — |
| Research & development | $5.7M | $6.0M | $9.7M | $6.4M | $5.6M | $8.8M | $3.8M | $4.8M | $4.2M | $4.2M | $2.3M | $2.0M | $1.8M | $1.6M | $1.5M | $2.4M | $864,000 |
| Operating expenses | $19.6M | $20.4M | $31.5M | $22.1M | $49.2M | $144.7M | $19.8M | $25.5M | $18.9M | $30.1M | $30.7M | $13.4M | $30.8M | $39.3M | $17.4M | $104.6M | $13.1M |
| Operating income | −$19.4M | −$20.4M | −$31.4M | −$22.1M | −$49.2M | $157.9M | −$19.7M | −$25.5M | −$17.3M | −$28.5M | −$29.2M | −$12.2M | −$28.6M | −$38.9M | −$17.4M | $104.7M | −$13.1M |
| Operating margin | −12,000.00% | −407,940.00% | −449,214.29% | −45,991.67% | −140,497.14% | 52.17% | −23,135.29% | −40,407.94% | −1,119.65% | −1,839.03% | — | — | — | — | — | — | — |
| EBITDA | −$19.4M | −$20.4M | −$31.4M | −$22.1M | −$49.2M | $157.9M | −$19.7M | −$25.4M | −$17.3M | −$28.5M | −$29.2M | −$12.1M | −$28.6M | −$38.8M | −$17.3M | $104.7M | −$13.0M |
| EBITDA margin | −11,985.80% | −407,520.00% | −449,085.71% | −45,977.08% | −140,485.71% | 52.17% | −23,127.06% | −40,379.37% | −1,117.97% | −1,837.23% | — | — | — | — | — | — | — |
| Net income | −$18.2M | −$18.2M | −$27.9M | −$36.3M | −$42.9M | $280.4M | −$19.2M | −$25.4M | −$17.3M | −$28.6M | −$29.2M | −$9.9M | −$27.6M | −$26.9M | −$17.3M | $41.4M | −$12.5M |
| Net profit margin | −11,250.00% | −363,500.00% | −398,157.14% | −75,541.67% | −122,631.43% | 92.66% | −22,564.71% | −40,326.98% | −1,116.87% | −1,843.16% | — | — | — | — | — | — | — |
| Basic EPSper basic share | -$5.00 | -$5.05 | -$7.79 | -$10.17 | -$12.00 | $79.20 | -$5.60 | -$8.00 | -$6.00 | -$10.20 | -$11.20 | -$3.80 | -$10.80 | -$10.60 | -$7.00 | $18.20 | -$6.60 |
| Diluted EPSper diluted share | -$5.00 | -$5.05 | -$7.79 | -$10.17 | -$12.00 | $78.40 | -$5.60 | -$8.00 | -$6.00 | -$10.20 | -$11.20 | -$3.80 | -$10.80 | -$10.60 | -$7.00 | $16.80 | -$6.60 |
Reported shareholders
| Holder | % owned |
|---|---|
Larsen Kendall | ≈11.74%494.96K shares |
VANGUARD CAPITAL MANAGEMENT LLC | 3.74%157.69K shares |
Williams Jones Wealth Management, LLC. | 2.35%99.27K shares |
Csenge Advisory Group | 1.62%68.36K shares |
BlackRock, Inc. | 1.57%66.15K shares |
GEODE CAPITAL MANAGEMENT, LLC | 1.02%43.21K shares |
Short Robert D III | ≈1.02%43.13K shares |
Chow Heidy Kingwan | ≈0.89%37.5K shares |
O'BRIEN THOMAS M | ≈0.84%35.46K shares |
Allanson Katherine | ≈0.74%31.31K shares |
Angelo Michael F | ≈0.69%29.21K shares |
Baird Financial Group, Inc. | 0.66%28.04K shares |
Feiner Gary | ≈0.58%24.37K shares |
VANGUARD FIDUCIARY TRUST CO | 0.54%22.78K shares |
CITADEL ADVISORS LLC | 0.50%21.02K shares |
HighTower Advisors, LLC | 0.49%20.57K shares |
Forum Financial Management, LP | 0.41%17.32K shares |
STATE STREET CORP | 0.36%15.05K shares |
BARCLAYS PLC | 0.24%10.3K shares |
JPMORGAN CHASE & CO | 0.10%4.09K shares |
Percentages use 4.22M 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 |
|---|---|---|---|---|---|---|
| Nov 26, 2025Form 4 | Feiner GaryDirector | SellCommon Stock | 1.9K | $22.70 | $42.6K | 16.9K |
| Nov 24, 2025Form 4 | Angelo Michael FDirector | SellCommon Stock | 625 | $20.89 | $13.1K | 21.7K |