Revenue
2013
2014
2015
2018
2019
2020
2021
2022
2023
2024
2025
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $106.5M | $23.6M | $27.5M | $10.2M | $28.6M | $13.3M | $12.8M | $0 | — | — | $0 | $0 | $0 |
| Gross profit | $90.0M | $16.2M | $24.5M | $9.9M | $26.6M | — | $2.8M | $0 | — | — | — | — | — |
| Gross margin | 84.52% | 68.59% | 89.28% | 97.82% | 92.81% | — | 22.11% | — | — | — | — | — | — |
| Research & development | $12.7M | $42.1M | $39.8M | $19.8M | $10.2M | $8.8M | $19.4M | $41.8M | $20.6M | $20.5M | $13.9M | $11.9M | $3.4M |
| Operating expenses | $152.9M | $103.2M | $77.1M | $52.7M | $20.9M | $18.9M | $33.2M | $55.9M | $33.4M | $37.5M | $22.8M | $16.4M | $4.7M |
| Operating income | −$62.9M | −$87.0M | −$49.6M | −$42.6M | $7.7M | −$5.6M | −$20.3M | −$55.9M | −$33.4M | −$37.5M | −$22.8M | −$16.4M | −$4.7M |
| Operating margin | −59.12% | −368.47% | −180.63% | −418.91% | 26.98% | −42.21% | −158.40% | — | — | — | — | — | — |
| EBITDA | −$58.9M | −$80.6M | −$48.6M | −$41.6M | $8.0M | −$5.3M | −$20.0M | −$55.6M | −$33.0M | −$37.3M | −$22.7M | −$16.4M | −$4.7M |
| EBITDA margin | −55.31% | −341.41% | −176.97% | −409.62% | 27.87% | −40.16% | −156.03% | — | — | — | — | — | — |
| Net income | $83.2M | −$105.5M | −$46.0M | −$26.8M | −$8.6M | −$12.8M | −$24.5M | −$56.5M | −$43.4M | −$16.5M | −$54.7M | −$24.5M | −$5.2M |
| Net profit margin | 78.17% | −446.85% | −167.69% | −263.48% | −29.86% | −96.03% | −191.00% | — | — | — | — | — | — |
| Basic EPSper basic share | $1.40 | -$2.28 | -$1.30 | -$0.78 | -$2.11 | -$3.21 | -$13.23 | -$50.40 | -$47.36 | -$18.08 | -$118.72 | -$164.32 | -$35.20 |
| Diluted EPSper diluted share | $1.35 | -$2.28 | -$1.30 | -$1.20 | -$2.11 | -$3.21 | -$13.23 | -$50.40 | -$47.36 | -$18.08 | -$118.72 | -$164.32 | -$35.20 |
Reported shareholders
| Holder | % owned |
|---|---|
BlackRock, Inc. | 8.61%5.11M shares |
FMR LLC | 8.28%4.92M shares |
Woodline Partners LP | 8.06%4.79M shares |
Nantahala Capital Management, LLC | 6.06%3.59M shares |
VANGUARD CAPITAL MANAGEMENT LLC | 4.45%2.64M shares |
STATE STREET CORP | 2.83%1.68M shares |
GEODE CAPITAL MANAGEMENT, LLC | 2.60%1.54M shares |
D. E. Shaw & Co., Inc. | 2.20%1.31M shares |
Qube Research & Technologies Ltd | 2.09%1.24M shares |
MORGAN STANLEY | 2.03%1.2M shares |
Legal & General Group Plc | 2.02%1.2M shares |
DIMENSIONAL FUND ADVISORS LP | 1.62%958.84K shares |
ROYCE & ASSOCIATES LP | 1.49%882.66K shares |
683 Capital Management, LLC | 1.44%855K shares |
KINGDON CAPITAL MANAGEMENT, L.L.C. | 1.31%775K shares |
Retirement Planning Co of New England, Inc. | 1.07%634.41K shares |
Jupiter Topco LLC | 1.03%613.4K shares |
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | 1.01%597.16K shares |
GOLDMAN SACHS GROUP INC | 0.92%545.55K shares |
VANGUARD PORTFOLIO MANAGEMENT LLC | 0.91%541.11K shares |
Percentages use 59.34M shares of this listed class outstanding on Jun 30, 2026.
Gray completes the 100% scale. Reported positions may overlap; holders have different reporting dates.
| Transaction | Insider | Type | Shares | Price | Value | Owned after |
|---|---|---|---|---|---|---|
| Jun 22, 2026Form 4 · 10b5-1 | Thompson RahsaanChief Legal & Compliance | SellCommon Stock | 34.6K | $12.68 | $438.2K | 80.2K |
| May 11, 2026Form 4 · 10b5-1 | Thompson RahsaanChief Legal & Compliance | SellCommon Stock | 1.8K | $11.30 | $20.3K | 48.1K |
| Feb 9, 2026Form 4 · 10b5-1 | McFarlane Neil F.President and CEO | SellCommon Stock | 14.6K | $8.56 | $125.2K | 387.2K |
| Feb 3, 2026Form 4 · 10b5-1 | Schafer JoshuaCCO | SellCommon Stock | 10.5K | $9.19 | $96.5K | 62.3K |
| Feb 3, 2026Form 4 · 10b5-1 | Sangiovanni Timothy J.SVP, Finance & Corp Controller | SellCommon Stock | 3.0K | $9.18 | $27.5K | 29.6K |