Revenue
2019
2020
2021
2022
2023
2024
2025
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|
| Revenue | $239.0M | $204.3M | $170.5M | $142.1M | $115.9M | $79.9M | $45.7M |
| Gross profit | $172.3M | $145.9M | $116.1M | $88.8M | $66.5M | $45.4M | $27.2M |
| Gross margin | 72.09% | 71.40% | 68.10% | 62.51% | 57.39% | 56.88% | 59.52% |
| Research & development | $44.5M | $40.2M | $34.0M | $30.7M | $27.0M | $20.0M | $14.4M |
| Operating expenses | $202.9M | $177.3M | $150.5M | $138.5M | $116.9M | $85.0M | $59.1M |
| Operating income | −$30.6M | −$31.4M | −$34.4M | −$49.7M | −$50.4M | −$39.6M | −$31.9M |
| Operating margin | −12.81% | −15.37% | −20.16% | −34.97% | −43.49% | −49.53% | −69.78% |
| EBITDA | −$19.0M | −$19.9M | −$22.4M | −$36.7M | −$38.3M | −$30.1M | −$26.2M |
| EBITDA margin | −7.96% | −9.74% | −13.12% | −25.85% | −33.01% | −37.73% | −57.25% |
| Net income | −$28.1M | −$28.3M | −$31.0M | −$49.7M | −$51.7M | −$40.4M | −$32.1M |
| Net profit margin | −11.74% | −13.87% | −18.20% | −35.00% | −44.61% | −50.59% | −70.08% |
| Basic EPSper basic share | -$0.37 | -$0.40 | -$0.46 | -$0.76 | -$2.60 | -$3.75 | -$3.30 |
| Diluted EPSper diluted share | -$0.37 | -$0.40 | -$0.46 | -$0.76 | -$2.60 | -$3.75 | -$3.30 |
Reported shareholders
| Holder | % owned |
|---|---|
Catalyst Investors QP IV, L.P. / Catalyst Investors Partners IV, L.P. / Catalyst Investors Partners IV, L.L.C. / Catalyst Investors IV, L.P. | ≈8.76%7M shares |
Newtyn Management, LLC | 8.50%6.79M shares |
BlackRock, Inc. | 6.64%5.31M shares |
CROSSLINK CAPITAL INC | 5.35%4.27M shares |
Modersitzki Blake G | ≈4.54%3.63M shares |
DISCIPLINED GROWTH INVESTORS INC /MN | 3.75%3M shares |
WHITE BRETT T | ≈3.65%2.92M shares |
VANGUARD CAPITAL MANAGEMENT LLC | 3.65%2.91M shares |
VANGUARD PORTFOLIO MANAGEMENT LLC | 3.47%2.78M shares |
MARSHALL WACE, LLP | 3.12%2.49M shares |
FRONTIER CAPITAL MANAGEMENT CO LLC | 3.06%2.45M shares |
Robson Herbert Edward II | ≈2.72%2.17M shares |
Gumshoe Capital Management LLC | 2.70%2.16M shares |
STATE STREET CORP | 2.54%2.03M shares |
Divisar Capital Management LLC | 2.53%2.02M shares |
GEODE CAPITAL MANAGEMENT, LLC | 2.11%1.69M shares |
CenterBook Partners LP | 2.06%1.65M shares |
Pale Fire Capital SE | 1.87%1.49M shares |
AQR CAPITAL MANAGEMENT LLC | 1.85%1.48M shares |
Huber Capital Management LLC | 1.65%1.32M shares |
Percentages use 79.91M 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 6, 2026Form 4 | McNeil Joseph DavidChief Revenue Officer | SellCommon Stock | 25.0K | $5.53 | $138.3K | 505.7K |
| Dec 22, 2025Form 4 · 10b5-1 | Goodsell ErinChief Legal Officer & Corp.Sec | SellCommon Stock | 9.6K | $6.89 | $66.2K | 527.1K |
| Nov 5, 2025Form 4 | Newton TylerDirector | SellCommon Stock · indirect | 51.0K | $6.68 | $340.6K | 51.0K |
| Sep 22, 2025Form 4 · 10b5-1 | Christiansen Jason PaulChief Financial Officer | SellCommon Stock | 3.9K | $7.50 | $29.2K | 313.5K |
| Sep 22, 2025Form 4 · 10b5-1 | Goodsell ErinChief Legal Officer & Corp.Sec | SellCommon Stock | 9.5K | $7.50 | $71.6K | 544.2K |