Revenue
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $5.6M | $768,000 | $474,000 | $851,321 | $756,793 | $327,350 | $200,143 | $514,823 | $1.2M | $1.5M | $2.5M | $0 | $0 |
| Gross profit | $2.0M | $12,000 | $195,000 | −$426,244 | — | $200,811 | — | — | — | — | — | — | — |
| Gross margin | 36.04% | 1.56% | 41.14% | −50.07% | — | 61.34% | — | — | — | — | — | — | — |
| Research & development | $4.1M | $7.7M | $10.8M | $12.5M | $20.6M | $17.1M | $23.2M | $32.9M | $33.2M | $32.8M | $18.8M | $12.5M | $2.1M |
| Operating expenses | $12.0M | $18.4M | $22.6M | $27.5M | $42.2M | $32.2M | $39.0M | $51.4M | $50.5M | $47.3M | $30.1M | $20.4M | $4.4M |
| Operating income | −$10.0M | −$18.4M | −$22.1M | −$26.7M | −$41.4M | −$31.9M | −$38.8M | −$50.9M | −$49.4M | −$45.8M | −$27.6M | −$20.4M | −$4.4M |
| Operating margin | −177.89% | −2,397.14% | −4,662.24% | −3,134.70% | −5,474.78% | −9,744.67% | −19,390.09% | −9,892.61% | −4,279.67% | −3,156.51% | −1,103.09% | — | — |
| EBITDA | −$9.9M | −$18.2M | −$21.9M | −$26.4M | −$41.2M | −$31.5M | −$38.0M | −$49.9M | −$48.1M | −$44.9M | −$26.8M | −$20.0M | −$4.4M |
| EBITDA margin | −175.42% | −2,371.61% | −4,622.78% | −3,105.78% | −5,440.66% | −9,635.82% | −18,999.75% | −9,687.74% | −4,166.16% | −3,090.54% | −1,070.38% | — | — |
| Net income | −$9.6M | −$18.4M | −$19.4M | −$26.3M | −$41.4M | −$31.8M | −$38.4M | −$50.8M | −$49.4M | −$45.8M | −$27.6M | −$45.6M | −$5.5M |
| Net profit margin | −170.39% | −2,395.57% | −4,085.86% | −3,086.41% | −5,474.06% | −9,724.17% | −19,185.83% | −9,875.26% | −4,278.73% | −3,155.60% | −1,102.47% | — | — |
| Basic EPSper basic share | -$6.46 | -$77.16 | -$3,772.73 | -$6,163.64 | -$581.82 | -$690.91 | -$1,154.55 | -$1,809.09 | -$2,100.00 | -$2,363.64 | -$1,881.82 | -$5,227.27 | -$1,918.18 |
| Diluted EPSper diluted share | -$6.46 | -$77.16 | -$3,772.73 | -$6,163.64 | -$581.82 | -$690.91 | -$1,154.55 | -$1,809.09 | -$2,100.00 | -$2,363.64 | -$1,881.82 | -$5,227.27 | -$1,918.18 |
Reported shareholders
| Holder | % owned |
|---|---|
BlackRock, Inc. | 4.78%264.11K shares |
VANGUARD CAPITAL MANAGEMENT LLC | 4.24%234.46K shares |
UBS Group AG | 3.41%188.35K shares |
AIGH Capital Management LLC | 3.29%182K shares |
GEODE CAPITAL MANAGEMENT, LLC | 2.49%137.54K shares |
GatePass Capital, LLC | 2.46%136K shares |
G2 Investment Partners Management LLC | 2.08%115K shares |
MYDA Advisors LLC | 1.81%100K shares |
RAYMOND JAMES FINANCIAL INC | 1.77%97.88K shares |
STATE STREET CORP | 1.72%95.3K shares |
MARSHALL WACE, LLP | 1.38%76.34K shares |
NORTHERN TRUST CORP | 0.76%42.19K shares |
VANGUARD FIDUCIARY TRUST CO | 0.74%40.83K shares |
NewEdge Advisors, LLC | 0.69%38.4K shares |
VANGUARD PORTFOLIO MANAGEMENT LLC | 0.68%37.41K shares |
Cannell & Spears LLC | 0.52%28.5K shares |
Burak Mallorie Sara | ≈0.49%27K shares |
BOOTHBAY FUND MANAGEMENT, LLC | 0.48%26.59K shares |
Quantinno Capital Management LP | 0.45%25K shares |
ROYAL BANK OF CANADA | 0.44%24.35K shares |
Percentages use 5.53M 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 27, 2026Form 4 | Burak Mallorie SaraCEO & CFO | BuyCommon Stock | 1.9K | $26.47 | $49.4K | 27.0K |
| Aug 21, 2025Form 4 | Burak Mallorie SaraCEO & CFO | BuyCommon Stock | 6.4K | $7.88 | $50.4K | 10.1K |