Revenue
2017
2018
2019
2020
2021
2022
2023
2024
2025
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $4.7M | $3.6M | $5.3M | $7.5M | $7.4M | $3.9M | $696,790 | $23,150 | $0 | — |
| Gross profit | $2.7M | $2.5M | $2.9M | $3.7M | $2.0M | $1.3M | $276,774 | $4,539 | $0 | — |
| Gross margin | 57.77% | 68.66% | 54.45% | 49.91% | 27.03% | 34.72% | 39.72% | 19.61% | — | — |
| Research & development | $56,000 | $2.3M | $3.3M | $5.1M | $6.2M | $2.8M | $2.2M | $734,776 | $311,335 | $217,244 |
| Operating expenses | $16.2M | $18.0M | $21.6M | $21.5M | $26.5M | $14.4M | $8.9M | $3.3M | $833,545 | $234,356 |
| Operating income | −$13.5M | −$15.6M | −$18.7M | −$17.7M | −$24.5M | −$13.1M | −$8.6M | −$3.3M | −$833,545 | −$234,356 |
| Operating margin | −288.63% | −433.62% | −350.80% | −237.00% | −331.87% | −338.08% | −1,236.19% | −14,417.43% | — | — |
| EBITDA | −$12.9M | −$14.7M | −$17.9M | −$17.0M | −$24.0M | −$12.9M | −$8.6M | −$3.3M | −$826,884 | −$233,044 |
| EBITDA margin | −275.92% | −410.58% | −335.38% | −226.81% | −325.39% | −333.87% | −1,229.46% | −14,322.93% | — | — |
| Net income | −$10.3M | −$5.9M | −$30.2M | −$17.6M | −$24.4M | −$12.6M | −$8.3M | −$3.3M | −$833,545 | −$234,356 |
| Net profit margin | −221.21% | −163.65% | −566.24% | −235.49% | −331.24% | −325.23% | −1,194.83% | −14,412.25% | — | — |
| Basic EPSper basic share | -$0.22 | -$0.16 | -$0.72 | -$0.43 | -$0.62 | -$0.37 | -$0.29 | -$0.14 | -$0.04 | -$0.03 |
| Diluted EPSper diluted share | -$0.22 | -$0.16 | -$0.72 | -$0.43 | -$0.62 | -$0.37 | -$0.29 | -$0.14 | — | — |
Reported shareholders
| Holder | % owned |
|---|---|
Cohen Scot | ≈15.38%8.59M shares |
VANGUARD CAPITAL MANAGEMENT LLC | 2.77%1.55M shares |
RAYMOND JAMES FINANCIAL INC | 1.22%683.4K shares |
BlackRock, Inc. | 1.02%569.37K shares |
GEODE CAPITAL MANAGEMENT, LLC | 0.77%432.84K shares |
RENAISSANCE TECHNOLOGIES LLC | 0.64%358.1K shares |
SHULMAN JOHN D | ≈0.62%349.04K shares |
Savas Marc | ≈0.57%317.86K shares |
Bernstein Bruce | ≈0.45%250.85K shares |
Platform Technology Partners | 0.42%234.61K shares |
VANGUARD FIDUCIARY TRUST CO | 0.40%222.27K shares |
LPL Financial LLC | 0.36%202.48K shares |
Srinivasan Rajiv | ≈0.29%164.75K shares |
CITADEL ADVISORS LLC | 0.29%163.08K shares |
Szymanski Timothy | ≈0.28%156.86K shares |
Novick Jared | ≈0.27%153.01K shares |
Caption Management, LLC | 0.26%147.64K shares |
STATE STREET CORP | 0.23%129.67K shares |
MARSHALL WACE, LLP | 0.19%106.59K shares |
ALERUS FINANCIAL NA | 0.18%97.76K shares |
Percentages use 55.86M 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 |
|---|---|---|---|---|---|---|
| Feb 10, 2026Form 4 | NORRIS ELWOOD GTenPercentOwner | SellCommon Stock · indirect | 27.1K | $1.82 | $49.3K | 5.11M |
| Feb 9, 2026Form 4 | NORRIS ELWOOD GTenPercentOwner | SellCommon Stock · indirect | 35.0K | $1.82 | $63.7K | 5.14M |
| Feb 6, 2026Form 4 | NORRIS ELWOOD GTenPercentOwner | SellCommon Stock · indirect | 75.0K | $1.87 | $140.3K | 5.22M |
| Feb 3, 2026Form 4 | NORRIS ELWOOD GTenPercentOwner | SellCommon Stock · indirect | 20.0K | $2.20 | $44.0K | 5.24M |
| Feb 2, 2026Form 4 | NORRIS ELWOOD GTenPercentOwner | SellCommon Stock · indirect | 32.0K | $2.08 | $66.5K | 5.27M |