Revenue
2022
2023
2024
2025
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $682,000 | $373,000 | $358,000 | $136,000 | — | — | — | — | — |
| Gross profit | $67,000 | $112,000 | $162,000 | $75,000 | — | — | — | — | — |
| Gross margin | 9.82% | 30.03% | 45.25% | 55.15% | — | — | — | — | — |
| Research & development | $20.5M | $11.3M | $8.9M | $5.2M | $2.6M | $1.5M | $891,126 | $250,640 | — |
| Operating expenses | $51.1M | $26.0M | $26.4M | $28.7M | $17.1M | $17.3M | $2.5M | $5.8M | $175,000 |
| Operating income | −$51.1M | −$25.9M | −$26.2M | −$28.6M | −$17.1M | −$17.3M | −$2.5M | −$5.8M | −$175,000 |
| Operating margin | −7,489.30% | −6,953.62% | −7,330.45% | −21,062.50% | — | — | — | — | — |
| EBITDA | −$46.7M | −$22.1M | −$22.9M | −$26.8M | −$17.1M | −$17.3M | −$2.5M | −$5.8M | — |
| EBITDA margin | −6,843.70% | −5,935.39% | −6,406.70% | −19,692.65% | — | — | — | — | — |
| Net income | −$18.7M | −$68.5M | −$27.0M | −$26.0M | −$27.9M | −$24.7M | −$8.4M | −$10.5M | −$175,000 |
| Net profit margin | −2,738.12% | −18,375.87% | −7,548.04% | −19,101.47% | — | — | — | — | — |
| Basic EPSper basic share | -$0.11 | -$0.73 | -$0.42 | -$0.73 | -$0.96 | -$0.88 | -$1.14 | -$2.22 | -$0.19 |
| Diluted EPSper diluted share | -$0.11 | -$0.73 | -$0.42 | -$0.73 | -$0.96 | -$0.88 | -$1.14 | -$2.22 | -$0.19 |
Reported shareholders
| Holder | % owned |
|---|---|
Huang Yuping | ≈9.25%20.95M shares |
BlackRock, Inc. | 7.83%17.73M shares |
VANGUARD CAPITAL MANAGEMENT LLC | 3.91%8.85M shares |
Defiance ETFs, LLC | 3.11%7.03M shares |
Penserra Capital Management LLC | 3.08%6.98M shares |
VANGUARD PORTFOLIO MANAGEMENT LLC | 2.90%6.57M shares |
GEODE CAPITAL MANAGEMENT, LLC | 2.35%5.32M shares |
STATE STREET CORP | 2.17%4.92M shares |
MORGAN STANLEY | 1.45%3.29M shares |
Marex Group Ltd | 1.02%2.3M shares |
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | 1.00%2.27M shares |
UBS Group AG | 0.90%2.05M shares |
Bank of New York Mellon Corp | 0.87%1.98M shares |
NORTHERN TRUST CORP | 0.80%1.82M shares |
CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 0.73%1.64M shares |
Mubadala Investment Co PJSC | 0.70%1.59M shares |
CAPITAL FUND MANAGEMENT S.A. | 0.66%1.51M shares |
NATIONAL BANK OF CANADA /FI/ | 0.64%1.46M shares |
Clear Street Group Inc. | 0.63%1.43M shares |
VAN ECK ASSOCIATES CORP | 0.58%1.32M shares |
Percentages use 226.35M 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 11, 2026Form 4 | Roberts Christopher BruceCFO and General Counsel | SellCommon Stock | 9.4K | $7.85 | $73.5K | 1.12M |
| Mar 10, 2026Form 4 | Roberts Christopher BruceCFO and General Counsel | SellCommon Stock | 68.9K | $7.85 | $540.9K | 1.13M |
| Jan 7, 2026Form 4 | Begliarbekov MilanChief Operating Officer | SellCommon Stock | 2.9K | $11.85 | $33.9K | 24.2K |
| Sep 15, 2025Form 4 | FAGENSON ROBERT BDirector | SellCommon Stock · indirect | 5.0K | $16.88 | $84.4K | 0 |
| Sep 12, 2025Form 4 | FAGENSON ROBERT BDirector | SellCommon Stock · indirect | 15.0K | $15.62 | $234.3K | 5.0K |
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