Revenue
2018
2019
2020
2021
2022
2023
2024
2025
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $66.6M | $55.6M | $52.5M | $45.6M | $48.3M | $42.0M | $40.4M | $32.4M |
| Gross profit | $38.8M | $33.1M | $29.5M | $21.3M | $27.7M | $25.4M | $21.6M | $17.1M |
| Gross margin | 58.28% | 59.51% | 56.06% | 46.86% | 57.37% | 60.55% | 53.43% | 52.59% |
| Research & development | $6.3M | $5.4M | $4.9M | $9.9M | $7.2M | $3.6M | $2.2M | $2.1M |
| Operating expenses | $52.9M | $46.7M | $75.4M | $91.6M | $72.4M | $57.2M | $49.7M | $37.3M |
| Operating income | −$14.1M | −$13.6M | −$22.8M | −$46.1M | −$24.1M | −$15.2M | −$9.3M | −$4.9M |
| Operating margin | −21.13% | −24.51% | −43.46% | −101.07% | −49.83% | −36.18% | −23.02% | −15.04% |
| EBITDA | −$12.0M | −$11.9M | −$20.6M | −$44.5M | −$23.2M | −$14.7M | −$8.7M | −$4.3M |
| EBITDA margin | −17.98% | −21.45% | −39.27% | −97.56% | −47.97% | −34.99% | −21.54% | −13.19% |
| Net income | −$20.0M | −$15.1M | −$23.7M | −$47.4M | −$26.9M | −$16.7M | −$12.0M | −$8.0M |
| Net profit margin | −29.97% | −27.17% | −45.08% | −104.00% | −55.59% | −39.75% | −29.81% | −24.70% |
| Basic EPSper basic share | -$0.93 | -$0.83 | -$1.34 | -$2.77 | -$1.68 | -$1.32 | -$8.46 | -$293.34 |
| Diluted EPSper diluted share | -$0.93 | -$0.83 | -$1.34 | -$2.77 | -$1.68 | -$1.32 | -$8.46 | -$293.34 |
Reported shareholders
| Holder | % owned |
|---|---|
NMSIC Co-Investment Fund, L.P. / Sun Mountain Capital Partners LLC | ≈7.27%1.76M shares |
ABALLI JOHN | ≈3.64%880.24K shares |
WEXFORD CAPITAL LP | 3.28%792.86K shares |
NANO CAP NEW MILLENNIUM GROWTH FUND L P | 2.79%675K shares |
First Eagle Investment Management, LLC | 2.54%613.93K shares |
VANGUARD CAPITAL MANAGEMENT LLC | 2.53%612.83K shares |
FourWorld Capital Management LLC | 2.47%596.53K shares |
SILVERCREST ASSET MANAGEMENT GROUP LLC | 2.13%514.76K shares |
KENNEDY CAPITAL MANAGEMENT LLC | 2.00%485.05K shares |
Mink Brook Asset Management LLC | 1.97%475.94K shares |
JANE STREET GROUP, LLC | 1.33%322.5K shares |
ACADIAN ASSET MANAGEMENT LLC | 1.28%310.08K shares |
MARSHALL WACE, LLP | 1.27%306.7K shares |
FLPUTNAM INVESTMENT MANAGEMENT CO | 1.19%288.81K shares |
GSA CAPITAL PARTNERS LLP | 0.89%214.72K shares |
RTW INVESTMENTS, LP | 0.81%195K shares |
GEODE CAPITAL MANAGEMENT, LLC | 0.77%185.65K shares |
Man Group plc | 0.69%167.29K shares |
BlackRock, Inc. | 0.59%142.63K shares |
PERCEPTIVE ADVISORS LLC | 0.47%114.89K shares |
Percentages use 24.19M 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 3, 2026Form 4 | ABALLI JOHNPresident and CEO | SellCommon Stock | 15.7K | $3.62 | $56.8K | 687.3K |
| Feb 24, 2026Form 4 | ABALLI JOHNPresident and CEO | SellCommon Stock | 11.4K | $3.61 | $41.3K | 703.0K |
| Feb 24, 2026Form 4 | Black Jeffrey G.Chief Financial Officer | SellCommon Stock | 1.6K | $3.61 | $5.7K | 267.4K |
| Oct 16, 2025Form 4 | ABALLI JOHNPresident and CEO | SellCommon Stock | 31.8K | $11.82 | $375.7K | 714.4K |
| Sep 2, 2025Form 4 | Black Jeffrey G.Chief Financial Officer | SellCommon Stock | 20.5K | $9.79 | $200.4K | 269.0K |