your badges 52W Range $11–$26 87% of range Analyst Rating STRONG BUY 14 analysts Price Target $28 +18% upside P/E -13.5 ROE -43.9% Net Profit Margin -64.7%

CBLL Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range

03
Price $23.69
Market Cap (MRQ) $906M
P/E (TTM) -13.5
EPS (TTM) $-1.75
Revenue (TTM) $102M
ROE (TTM) -43.9%
52W Range $11–$26

CBLL Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view

04
range
bars

Bar granularity adapts to the selected period — hover the chart to see open/high/low/close for a bar.

10-Year Performance Revenue, net income, margins and EPS trends

06
Revenue$89M
2023-12-31 → 2025-12-31
EPS$-1.46
2023-12-31 → 2025-12-31
Free Cash Flow$-42M
2024-12-31 → 2025-12-31
Net margin-64.7%
2024-12-31 → 2025-12-31
Valuation & Ratios 07–12

Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?

Metric 5Y trend CBLL 5Y avg Peer Median Verdict
P/E (TTM) -13.5 · · ·
P/S (TTM) 8.9 · 3.8 Overvalued
P/B (MRQ) 7.1 · 3.8 Overvalued
Price / FCF (TTM) -16.5 · · ·
Price / Cash Flow (TTM) -16.8 · · ·
Price / Tangible Book 5.7 · · ·

Peer median is calculated on a standardized basis per metric and may not always match the TTM/MRQ basis shown for this stock.

value · ≈ 5Y avg · industry median · verdict relative to median

Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date

14
Avg Surprise 1.9%
Next Report Nov 02, 2026
PeriodReportEPS ActualEPS EstSurprise
June 30, 2026 Aug 10, 2026 $-0.51 $-0.48 -6.1%
March 31, 2026 May 7, 2026 $-0.52 $-0.40 -30.7%
Dec. 31, 2025 $-0.36 $-0.42 14.4%
Sept. 30, 2025 $-0.37 $-0.42 12.3%
June 30, 2025 $-0.38 $-0.40 5.1%
March 31, 2025 $-0.36 $-0.43 16.6%

Full Fundamentals All metrics by year — income statement, balance sheet, cash flow

15
Income Statement 16
Metric Trend 202520242023
Revenue $89M$65M$45M
Cost of Revenue $11M$9M$7M
Gross Profit $78M$57M$38M
R&D Expense $19M$14M$9M
SG&A Expense $44M$34M$20M
Operating Expenses $137M$96M$68M
Operating Income $-58M$-40M$-30M
Other Non-op $7M$3M$3M
Pretax Income $-53M$-40M$-29M
Income Tax $0$0$11.0K
Net Income $-53M$-40M$-29M
EPS (Basic) $-1.46$-3.39$-5.56
EPS (Diluted) $-1.46$-3.39$-5.56
Shares (Basic) 36,542,04811,949,9735,303,715
Shares (Diluted) 36,542,04811,949,9735,303,715
EBITDA $-57M$-39M·
Balance Sheet 24
Metric Trend 202520242023
Cash & Equivalents $40M$194M$34M
Short-term Investments $119M··
Receivables $15M$11M$8M
Inventory $7M$7M$6M
Prepaid Expense $3M$3M$2M
Current Assets $187M$217M$52M
PP&E (Net) $2M$2M$2M
PP&E (Gross) $5M$4M$3M
Accum. Depreciation $3M$2M$1M
Other Non-current Assets $3M$2M$2M
Total Assets $196M$225M$59M
Accounts Payable $3M$1M$732.0K
Accrued Liabilities $14M$10M$8M
Short-term Debt ··$12M
Current Liabilities $19M$13M$22M
Capital Leases $1M$1M$2M
Other Non-current Liabilities $106.0K$356.0K$441.0K
Total Liabilities $40M$34M$24M
Common Stock $38.0K$36.0K$5.0K
Retained Earnings $-220M$-167M$-126M
AOCI $159.0K··
Stockholders' Equity $155M$191M$-112M
Liabilities + Equity $196M$225M$59M
Shares Outstanding 37,485,12435,850,6065,430,298
Cash Flow 9
Metric Trend 202520242023
D&A $1M$1M$847.0K
Stock-based Comp $12M$5M$3M
Other Non-cash $-960.0K$-1M·
Operating Cash Flow $-41M$-35M$-29M
CapEx $767.0K$1M$983.0K
Investing Cash Flow $-118M$-2M$-2M
Financing Cash Flow $5M$197M$-3M
Net Change in Cash $-154M$160M$-34M
Free Cash Flow $-42M$-36M·
Profitability 8
Metric Trend 202520242023
Gross Margin 87.9%86.7%·
Operating Margin -65.6%-60.7%·
Net Margin -60.0%-61.8%·
Pretax Margin -60.0%-61.8%·
EBITDA Margin -64.1%-58.9%·
ROA -25.4%-28.5%·
ROE -32.6%-146.6%·
ROIC -37.6%··
Liquidity & Solvency 2
Metric Trend 202520242023
Current Ratio 9.716.7·
Quick Ratio 9.115.8·
Efficiency 3
Metric Trend 202520242023
Asset Turnover 0.40.5·
Inventory Turnover 1.51.4·
Receivables Turnover 6.96.9·
Per Share 5
Metric Trend 202520242023
Book Value / Share $4.14$5.33·
Revenue / Share $2.44$5.48·
Cash Flow / Share $-1.12$-2.93·
Cash / Share $1.08$5.42·
EPS (TTM) $-1.46$-3.39·
Growth Rates 1
Metric Trend 202520242023
Revenue YoY 36.1%44.7%·
Valuation (TTM) 10
Metric Trend 202520242023
Revenue TTM $89M$65M·
Net Income TTM $-53M$-40M·
Market Cap $822M$928M·
P/E -15.0-7.6·
P/S 9.214.2·
P/B 5.34.9·
P / Tangible Book 5.34.9·
P / Cash Flow -20.1-26.5·
P / FCF -19.8-25.5·
Earnings Yield -6.7%-13.1%·

Most recent period on the left · null values shown as ·

Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years

16
Metric 2025-12-312024-12-312023-12-31
Revenue $89M $65M $45M
Gross Margin % 87.9% 86.7% ·
Operating Margin % -65.6% -60.7% ·
Net Income $-53M $-40M $-29M
Diluted EPS $-1.46 $-3.39 $-5.56

Institutional owners (13F) 131 filers · $626.8M total · As of Sept. 30, 2026

17

Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.

Holders 131
Value held $626.8M
New positions 16
Exited positions 13
Institutional activity — Q2 2026 vs prior quarter
New positions Exited positions Increased Decreased Net shares change
16 (-11 vs prior Q) 13 (-1 vs prior Q) 55 (+9 vs prior Q) 35 (+4 vs prior Q) -121K

Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.

Institution Value Shares % of tracked 13F Type
FMR LLC $110,697,595 5,691,393 17.66% Shares
TPG GP A, LLC $73,154,445 3,761,154 11.67% Shares
RED TREE MANAGEMENT, LLC $42,900,106 2,205,661 6.84% Shares
BlackRock, Inc. $37,657,010 1,936,093 6.01% Shares
VANGUARD GROUP INC $33,068,445 1,507,909 5.28% Shares
VANGUARD CAPITAL MANAGEMENT LLC $21,985,230 1,130,346 3.51% Shares
KCM Capital Inc $21,881,250 1,125,000 3.49% Shares
FEDERATED HERMES, INC. $18,275,220 939,600 2.92% Shares
FRANKLIN RESOURCES INC $17,861,894 918,349 2.85% Shares
ADAGE CAPITAL PARTNERS GP, L.L.C. $17,505,000 900,000 2.79% Shares
Bank of New York Mellon Corp $17,436,685 896,488 2.78% Shares
MILLENNIUM MANAGEMENT LLC $14,144,526 727,225 2.26% Shares
TimesSquare Capital Management, LLC $13,132,858 716,468 2.10% Shares
GEODE CAPITAL MANAGEMENT, LLC $12,998,101 668,134 2.07% Shares
ROYCE & ASSOCIATES LP $11,767,444 605,010 1.88% Shares
STATE STREET CORP $10,639,831 547,035 1.70% Shares
SILVERCREST ASSET MANAGEMENT GROUP LLC $9,118,277 468,806 1.45% Shares
MASSACHUSETTS FINANCIAL SERVICES CO /MA/ $7,579,179 389,675 1.21% Shares
Redmile Group, LLC $7,522,988 386,786 1.20% Shares
JPMORGAN CHASE & CO $6,889,234 345,152 1.10% Shares
Yu Fan $6,659,641 342,398 1.06% Shares
PEREGRINE CAPITAL MANAGEMENT LLC $6,445,983 331,413 1.03% Shares
Creek Drive Management Group LLC $5,852,135 300,881 0.93% Shares
MORGAN STANLEY $5,556,106 285,661 0.89% Shares
GOLDMAN SACHS GROUP INC $5,452,010 280,309 0.87% Shares
ABG-WTT Global Life Science Capital Partners GP Ltd $5,355,130 275,328 0.85% Shares
TWO SIGMA ADVISERS, LP $5,173,287 235,900 0.83% Shares
VANGUARD PORTFOLIO MANAGEMENT LLC $4,968,775 255,464 0.79% Shares
BANK OF AMERICA CORP /DE/ $4,618,830 237,472 0.74% Shares
NORTHERN TRUST CORP $4,063,786 208,935 0.65% Shares
CHARLES SCHWAB INVESTMENT MANAGEMENT INC $3,801,911 195,471 0.61% Shares
CITADEL ADVISORS LLC $3,787,382 194,724 0.60% Shares
JANE STREET GROUP, LLC $3,404,178 175,022 0.54% Shares
VANGUARD FIDUCIARY TRUST CO $3,239,009 166,530 0.52% Shares
D. E. Shaw & Co., Inc. $2,898,867 149,042 0.46% Shares
Quantinno Capital Management LP $2,727,862 140,250 0.44% Shares
BNP PARIBAS FINANCIAL MARKETS $2,520,798 129,604 0.40% Shares
ExodusPoint Capital Management, LP $2,319,412 119,250 0.37% Shares
TWO SIGMA INVESTMENTS, LP $2,136,913 109,867 0.34% Shares
NOMURA ASSET MANAGEMENT INTERNATIONAL INC. $2,132,000 109,627 0.34% Shares
LANDSCAPE CAPITAL MANAGEMENT, L.L.C. $2,077,630 106,819 0.33% Shares
Point72 Asset Management, L.P. $1,872,082 96,251 0.30% Shares
AQR CAPITAL MANAGEMENT LLC $1,860,520 95,657 0.30% Shares
Voleon Capital Management LP $1,838,784 94,539 0.29% Shares
DEUTSCHE BANK AG\ $1,742,350 89,581 0.28% Shares
F/m Investments LLC $1,737,819 89,348 0.28% Shares
EMERALD MUTUAL FUND ADVISERS TRUST $1,737,819 89,348 0.28% Shares
WELLINGTON MANAGEMENT GROUP LLP $1,705,726 87,698 0.27% Shares
Numerai GP LLC $1,697,421 87,271 0.27% Shares
CITIGROUP INC $1,565,667 80,497 0.25% Shares

Show all 131 institutional owners →

Activists & 5%+ owners 1 position

18

Investors who filed SEC Schedule 13D — beneficial ownership above 5% with an intent to influence the issuer (activist stakes, board campaigns, M&A). Each row shows the most recent known state of that filer's position.

Filer Filed Stake Status Purpose Filing
Longitude Capital Partners IV, LLC, Longitude Venture Partners IV, L.P., Patrick G. Enright, Juliet Tammenoms Bakker Oct. 22, 2024 · Initial filing Passive investment SEC

Purpose is an automated classification of the filer's own stated purpose (SEC Item 4) — not investment advice. "—" means no clear purpose was stated or the text could not be classified.

Company insiders 13 insiders · 5 officers · 8 directors

19
Insider Role Last activity Shares owned Buys 12m Sells 12m Net 12m
Xingjuan Chao President and CEO Sept. 15, 2026 S 746,345 0 32 $-11,127,307
Scott Blumberg Chief Financial Officer Sept. 15, 2026 M 146,600 0 10 $-1,734,495
Raymond Woo Chief Technology Officer Oct. 1, 2026 M 203,118 0 23 $-1,846,944
David Foehr Senior VP, Finance and PAO Sept. 8, 2026 M 34,144 0 17 $-736,177
Joseph S. Manni Chief Revenue Officer Aug. 21, 2026 S 55,956 0 3 $-72,694
Thomas A. West Director July 28, 2026 A 16,011 0 0 $0
Sharon O'Keefe Director July 28, 2026 A 16,011 0 0 $0
William W Burke Director June 30, 2026 S 23,022 0 3 $-764,458
Josef Parvizi Director June 2, 2026 A 23,284 0 6 $-2,121,763
Erica J. Rogers Director June 2, 2026 A 33,054 0 0 $0
Bakker Juliet Tammenoms Director June 2, 2026 A 23,284 0 0 $0
Rebecca B Robertson Director June 2, 2026 A 26,587 0 5 $-314,487
Joseph Michael Taylor · Aug. 13, 2026 S 48,478 0 2 $-407,678

Insiders from SEC Form 3/4/5 filings; net = open-market P/S only

ETF ownership Held by 15 ETFs

20

Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.

Fund Weight Units As of Source
IBRN · iShares Trust 0.60% 1,929 SH Sept. 11, 2026 Daily
IWC · iShares Trust 0.15% 93,497 SH Sept. 11, 2026 Daily
FFSM · FIDELITY COVINGTON TRUST 0.10% 86,407 NS July 31, 2026 N-PORT
IWO · iShares Trust 0.04% 258,704 SH Sept. 11, 2026 Daily
VTWG · VANGUARD SCOTTSDALE FUNDS 0.03% 29,575 SH Aug. 19, 2026 Daily
IWM · iShares Trust 0.02% 701,633 SH Sept. 11, 2026 Daily
VTWO · VANGUARD SCOTTSDALE FUNDS 0.02% 158,495 SH Aug. 19, 2026 Daily
RSSL · Global X Funds 0.02% 13,156 NS July 31, 2026 N-PORT
VHT · VANGUARD WORLD FUND 0.01% 65,146 SH Aug. 19, 2026 Daily
IWV · iShares Trust 0.00% 8,336 SH Sept. 3, 2026 Daily
DFAS · Dimensional ETF Trust 0.00% 7,723 NS July 31, 2026 N-PORT
DCOR · Dimensional ETF Trust 0.00% 631 NS July 31, 2026 N-PORT
VXF · VANGUARD INDEX FUNDS 0.00% 251,553 SH Aug. 19, 2026 Daily
VTI · VANGUARD INDEX FUNDS 0.00% 850,443 SH Aug. 19, 2026 Daily
VTHR · VANGUARD SCOTTSDALE FUNDS 0.00% 2,248 SH Aug. 19, 2026 Daily

CBLL Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside

21
rating · 14 analysts BUY
Median target $29.00 +22.4%
7 50.0% Strong Buy
6 42.9% Buy
1 7.1% Hold
0 0.0% Sell
0 0.0% Strong Sell

12-Month Price Target

7 analysts · 2026-09-28

Mean target $28.00 +18.2%

← Below all targets Current price $23.69
Low$24.00 Mean$28.00 High$32.00

Peer comparison (GICS sub-industry) Key metrics vs sector peers

22

FY basis, prices as of each company's last fiscal year-end close.

Ticker Market Cap P/E Rev YoY Net Margin ROE Gross Margin
CBLL $822M -15.0 36.1% -60.0% -32.6% 87.9%
IART · -1.8 1.5% -31.6% -49.6% ·
AORT $2.25B 217.2 13.6% 2.2% 2.2% 64.4%
ENOV $1.52B -1.3 6.7% -52.7% -58.5% 59.8%
BBNX $1.35B -16.8 53.9% -73.0% -24.9% 55.4%
PRCT $1.77B -18.3 37.2% -31.0% -25.4% 63.7%
SIBN $861M -44.8 20.2% -9.4% -10.9% 79.6%
VREX $498M -7.0 4.1% -8.3% -14.0% 34.4%
AVR $207M -2.0 -29.2% -4921.3% -300.5% ·
QDEL $1.99B -1.8 -1.9% -41.4% -48.0% ·
ANGO · -13.0 9.5% · · ·

My Metrics Your personal watchlist — selected rows from Full Fundamentals

26

Pick the metrics that matter to you — click the + next to any row in Full Fundamentals above.

Your selection is saved and follows you across all tickers.

Source: SEC 10-Q filed Aug 10, 2026