Revenue
2022
2023
2024
2025
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Revenue | $0 | $3.9M | $5.7M | $5.2M | — |
| Gross profit | $0 | $635,000 | $1.1M | $1.6M | — |
| Gross margin | — | 16.38% | 19.37% | 31.57% | — |
| Research & development | $252,000 | $4.4M | $5.9M | $8.2M | — |
| Operating expenses | $3.4M | $23.7M | $19.2M | $25.0M | — |
| Operating income | −$3.4M | −$23.0M | −$18.1M | −$1.5M | −$10,861 |
| Operating margin | — | −594.58% | −318.63% | −29.22% | — |
| EBITDA | $9.8M | −$22.9M | −$17.9M | −$23.2M | — |
| EBITDA margin | — | −591.54% | −315.75% | −449.32% | — |
| Net income | $9.3M | −$38.1M | −$29.7M | $1.9M | −$10,861 |
| Net profit margin | — | −984.08% | −523.21% | 36.59% | — |
| Basic EPSper basic share | $0.09 | -$1.30 | -$5.82 | -$4.60 | — |
| Diluted EPSper diluted share | $0.04 | -$1.30 | -$5.82 | -$4.60 | — |
Reported shareholders
Reported holdings Number of shares
| Holder | Shares held |
|---|---|
Golestani Clark | 32.63M |
Kapur Sumit | 32.5M |
ANDRETTI MICHAEL | 1.75M |
SANDBROOK WILLIAM J | 1.62M |
Brown William Matthew | 334.38K |
KLITGAARD WILLIAM E | 176.35K |
Huber Jeff | 25K |
Wealthspire Advisors, LLC | 25K |
Ratnakar Raj | 25K |
Jones Dana Sue | 25K |
Bars compare reported share counts. A matching total for this share class and reporting period is unavailable, so percentages are not shown.
| Transaction | Insider | Type | Shares | Price | Value | Owned after |
|---|---|---|---|---|---|---|
| Jun 12, 2025Form 4 | Kapur SumitChief Financial Officer | BuyWarrant · derivative | — | — | — | — |
| Jun 12, 2025Form 4 | Kapur SumitChief Financial Officer | BuyConvertible Promissory Note · derivative | 1.25M | $100.0K | $100.0K | 1.25M |
| Jun 12, 2025Form 4 | Golestani ClarkDirector | BuyWarrant · derivative | — | — | — | — |
| Jun 12, 2025Form 4 | Golestani ClarkDirector | BuyConvertible Promissory Note · derivative | 1.25M | $100.0K | $100.0K | 1.25M |