CEVA CEVA, Inc. - Common Stock
About CEVA, Inc. - Common Stock Company overview from Wikipedia
Ceva, Inc. is a publicly traded semiconductor and software intellectual property (IP) company listed on NASDAQ under the ticker symbol CEVA. Headquartered in Rockville, Maryland, Ceva develops and licenses signal processing platforms and AI processors for a broad range of smart edge applications. Its licensable technologies include wireless connectivity IPs of Bluetooth, Wi-Fi, UWB and 5G, scalable Edge AI NPU IPs and sensor fusion solutions, serving diverse markets such as automotive, consumer IoT, industrial, infrastructure, mobile, and PC.
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Ceva, Inc. is a publicly traded semiconductor and software intellectual property (IP) company listed on NASDAQ under the ticker symbol CEVA. Headquartered in Rockville, Maryland, Ceva develops and licenses signal processing platforms and AI processors for a broad range of smart edge applications. Its licensable technologies include wireless connectivity IPs of Bluetooth, Wi-Fi, UWB and 5G, scalable Edge AI NPU IPs and sensor fusion solutions, serving diverse markets such as automotive, consumer IoT, industrial, infrastructure, mobile, and PC.
History
Ceva Inc. was created in November 2002, through the combination of the DSP IP licensing division of DSP Group (based in Israel) and Parthus Technologies plc.
Parthus was originally named Silicon Systems Ltd, and founded in Dublin, Ireland, in 1993 by Brian Long and Peter McManamon, Parthus had its initial public offering in 2000, just as the dot-com bubble was bursting in May, 2000.
The agreement was announced in April, 2002.
The DSP Group had founded a US company originally called DSP Cores, Inc, and then Corage, Inc. in 2001.
The company used the name ParthusCeva for the combination, and planned to list its shared on Nasdaq with symbol PCVA and London Stock Exchange symbol PCV.
In December, 2003, the company dropped the "Parthus" from their name, and changed the sticker symbol to Ceva.
In 2007, it sold its stake in Dublin-based company GloNav to NXP Semiconductor for a gain of $10.9 million.
The company develops semiconductor intellectual property core technologies for multimedia and wireless communications. Ceva claimed the largest number of baseband processors in 2010, and a 90% DSP IP market share in 2011.
In July 2014 it acquired RivieraWaves SAS, a private company based in France.
A 2018 document promoting Israeli innovations mentioned the company.
In July 2019 it acquired the Hillcrest Labs sensor fusion business from InterDigital.
Also in July 2019, it entered into a strategic partnership with a Canadian company, Immervision to secure exclusive licensing rights for its patented image processing and sensor fusion technologies for wide-angle cameras.
On May 31, 2021, Ceva acquired Intrinsix, another semiconductor design company, for an estimated $33 million.
On September 20, 2023, Cadence acquired Intrinsix Corporation from Ceva.
In December 2023, Ceva launched a new brand identity.
Technologies
Imaging and computer vision
Ceva develops technology for low-cost, low-power computational photography and computer vision. The company provides vision DSP cores, deep neural network toolkits, real-time software libraries, hardware accelerators, and algorithm developer ecosystems.
Deep learning
Ceva develops software for deep neural networks centered on the Ceva-XM computer vision and NeuPro AI cores.
NeuPro is Ceva's family of low-power artificial intelligence processors for deep learning. NeuPro processors are self-contained, specialized AI processors, scaling in performance for a broad range of end markets including IoT, smartphones, surveillance, automotive, robotics, medical, and industrial. This group of products offers high-performance configurations ranging from 2 Tera Ops Per Second (TOPS) for the entry-level processor and 12.5 TOPS for the most advanced configuration.
Wireless IoT
Wireless connectivity is often used in devices being created for the Internet of things (IoT).
Ceva develops Wi-Fi, Bluetooth, ultra-wideband, and narrowband IoT integrated wireless IoT platforms for integration into a system on a chip (SoC).
Source: Wikipedia, CC BY-SA 4.0 · View on Wikipedia ↗
CEVA Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range
CEVA Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view
10-Year Performance Revenue, net income, margins and EPS trends
Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?
Profitability Gross, operating and net margins; ROE, ROA, ROIC
Financial Health Debt, liquidity, solvency — balance sheet strength
Growth Revenue, EPS and net income growth: YoY, 3Y CAGR, 5Y CAGR
Capital Efficiency Asset turnover, inventory turnover, receivables turnover
CEVA Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside
- Strong Buy 4 25.0%
- Buy 9 56.2%
- Hold 3 18.8%
- Sell 0 0.0%
- Strong Sell 0 0.0%
12-Month Price Target
8 analysts · 2026-08-14Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date
| Period | EPS Actual | EPS Est | Surprise |
|---|---|---|---|
| June 30, 2026 | $0.08 | $0.07 | 0.01% |
| March 31, 2026 | $0.04 | $0.02 | 0.02% |
| Dec. 31, 2025 | $0.18 | $0.19 | -0.01% |
| Sept. 30, 2025 | $0.11 | $0.11 | 0.00% |
| June 30, 2025 | $0.07 | $0.05 | 0.02% |
| March 31, 2025 | $0.06 | $0.07 | -0.01% |
Peer comparison (GICS sub-industry) Key metrics vs sector peers
| Ticker | Market Cap | P/E | Rev YoY | Net Margin | ROE | Gross Margin |
|---|---|---|---|---|---|---|
| CEVA | $592M | -48.9 | 2.5% | -9.7% | -3.5% | 87.1% |
| AMBQ | $522M | -6.2 | -4.7% | -50.3% | 50.3% | 44.3% |
| WOLF | — | — | -6.1% | -212.4% | 4320.0% | -16.1% |
| INDI | — | -4.8 | 0.33% | -65.8% | -36.9% | — |
| KOPN | $421M | 238.0 | 51.5% | 170.3% | 6.5% | — |
| AOSL | $770M | -7.8 | 5.9% | -13.9% | -11.2% | 23.1% |
| NVEC | $317M | 20.9 | 1.8% | 57.7% | 25.2% | 78.7% |
| MRAM | $213M | -309.3 | 9.5% | -1.1% | -0.88% | 51.2% |
| DVLT | $373M | -1.2 | 1361.8% | -202.1% | -50.6% | 77.8% |
| GSIT | $188M | -12.2 | 22.4% | -52.7% | -22.0% | 54.5% |
| QUIK | — | -7.1 | -29.9% | -107.6% | -59.1% | 22.0% |
Full Fundamentals All metrics by year — income statement, balance sheet, cash flow
Income Statement 16
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $110M | $107M | $97M | $121M | $114M | $100M | $87M | $78M | $88M | $73M | $59M | $51M | |
| Cost of Revenue | $14M | $13M | $12M | $15M | $10M | $11M | $10M | $8M | $7M | $6M | $5M | $5M | |
| Gross Profit | $95M | $94M | $86M | $105M | $103M | $90M | $77M | $70M | $81M | $67M | $54M | $46M | |
| R&D Expense | $75M | $72M | $73M | $70M | $69M | $62M | $53M | $48M | $40M | $31M | $28M | $26M | |
| SG&A Expense | $18M | $17M | $15M | $14M | $13M | $14M | $12M | $10M | $10M | $9M | $8M | $8M | |
| Operating Expenses | $107M | $102M | $99M | $102M | $96M | $90M | $79M | $71M | $65M | $52M | $48M | $44M | |
| Operating Income | $-11M | $-8M | $-13M | $4M | $7M | $-763.0K | $-2M | $-1M | $16M | $14M | $6M | $1M | |
| Interest Income | $5M | $5M | $4M | $3M | $2M | $3M | $4M | $4M | $4M | $3M | $3M | $3M | |
| Pretax Income | $-5M | $-3M | $-8M | $4M | $9M | $3M | $1M | $1M | $19M | $16M | $7M | $2M | |
| Income Tax | $6M | $6M | $10M | $18M | $7M | $5M | $1M | $729.0K | $2M | $3M | $1M | $3M | |
| Net Income | $-11M | $-9M | $-12M | $-23M | $396.0K | $-2M | $28.0K | $574.0K | $17M | $13M | $6M | $-819.0K | |
| EPS (Basic) | $-0.44 | $-0.37 | $-0.51 | $-1.00 | $0.02 | $-0.11 | $0.00 | $0.03 | $0.78 | $0.63 | $0.31 | $-0.04 | |
| EPS (Diluted) | $-0.44 | $-0.37 | $-0.51 | $-1.00 | $0.02 | $-0.11 | $0.00 | $0.03 | $0.75 | $0.61 | $0.30 | $-0.04 | |
| Shares (Basic) | 24,295,000 | 23,613,000 | 23,484,000 | 23,172,000 | 22,819,000 | 22,107,000 | 21,932,000 | 22,034,000 | 21,771,000 | 20,850,000 | 20,480,000 | 20,622,000 | |
| Shares (Diluted) | 24,295,000 | 23,613,000 | 23,484,000 | 23,172,000 | 23,251,000 | 22,107,000 | 22,323,000 | 22,503,000 | 22,561,000 | 21,565,000 | 20,989,000 | 20,622,000 | |
| EBITDA | $-11M | $-8M | $-13M | $-5M | $4M | $-763.0K | $-2M | $-1M | $16M | $14M | $6M | $1M |
Balance Sheet 26
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $41M | $18M | $23M | $20M | $33M | $21M | $23M | $22M | $22M | $18M | $19M | $16M | |
| Short-term Investments | · | $312.0K | $406.0K | $408.0K | $3M | · | · | · | · | · | · | · | |
| Receivables | $49M | $49M | $30M | $30M | $27M | $31M | $28M | $26M | $16M | $15M | $4M | $8M | |
| Inventory | · | · | · | · | · | · | · | · | · | · | · | $272.0K | |
| Prepaid Expense | $13M | $15M | $13M | $7M | $7M | $6M | $6M | $5M | $4M | $3M | $4M | $4M | |
| Other Current Assets | · | · | · | · | · | · | · | · | · | · | · | $688.0K | |
| Current Assets | $285M | $216M | $209M | $178M | $189M | $168M | $179M | $177M | $159M | $145M | $106M | $114M | |
| PP&E (Net) | $7M | $7M | $7M | $7M | $7M | $8M | $8M | $7M | $7M | $5M | $4M | $3M | |
| PP&E (Gross) | $33M | $31M | $32M | $31M | $29M | $26M | $23M | $20M | $17M | $13M | $16M | $14M | |
| Accum. Depreciation | $26M | $24M | $26M | $24M | $22M | $19M | $16M | $13M | $10M | $8M | $12M | $11M | |
| Goodwill | $58M | $58M | $58M | $57M | $75M | $51M | $51M | $47M | $47M | $47M | $47M | $47M | |
| Intangibles | $1M | $2M | $3M | $2M | $15M | $11M | $13M | $3M | $2M | $3M | $4M | $6M | |
| Other Non-current Assets | $12M | $11M | $11M | $6M | $6M | $9M | $8M | $6M | $4M | $1M | $2M | $2M | |
| Total Assets | $388M | $309M | $304M | $308M | $329M | $307M | $297M | $277M | $277M | $242M | $213M | $207M | |
| Accrued Liabilities | $5M | $6M | $6M | $7M | $4M | $4M | $4M | $4M | $4M | $4M | $4M | $4M | |
| Current Liabilities | $29M | $31M | $27M | $33M | $35M | $28M | $26M | $22M | $23M | $23M | $19M | $20M | |
| Capital Leases | $14M | $3M | $4M | $5M | $5M | $6M | $8M | · | · | · | · | · | |
| Deferred Tax | · | · | · | · | · | · | · | · | · | · | · | $865.0K | |
| Common Stock | $28.0K | $24.0K | $23.0K | $23.0K | $23.0K | $22.0K | $22.0K | $22.0K | $22.0K | $21.0K | $21.0K | $20.0K | |
| Paid-in Capital | · | · | · | · | · | · | · | · | · | · | · | $209M | |
| Retained Earnings | $-24.0K | $11M | $20M | $32M | $55M | $57M | $62M | $63M | $54M | $39M | $30M | $25M | |
| Treasury Stock | $2M | $3M | $6M | $10M | $14M | $30M | $39M | $39M | $26M | $40M | $52M | $55M | |
| AOCI | $79.0K | $-1M | $-2M | $-6M | $-372.0K | $478.0K | $94.0K | $-1M | $-586.0K | $-497.0K | $-419.0K | $-436.0K | |
| Stockholders' Equity | $336M | $267M | $264M | $259M | $277M | $261M | $251M | $246M | $245M | $212M | $186M | $179M | |
| Liabilities + Equity | $388M | $309M | $304M | $308M | $329M | $307M | $297M | $277M | $277M | $242M | $213M | $207M | |
| Shares Outstanding | 27,510,739 | 23,626,865 | 23,440,848 | 23,215,439 | 22,984,552 | 22,260,917 | 21,839,369 | 21,787,860 | 21,787,860 | 21,273,500 | 20,529,933 | 20,252,490 |
Cash Flow 11
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock-based Comp | $20M | $16M | $16M | $15M | $13M | $14M | $11M | $10M | $9M | $6M | $4M | $5M | |
| Amort. of Intangibles | $598.0K | $599.0K | $594.0K | $2M | $2M | $2M | $2M | $901.0K | $1M | $1M | $1M | $649.0K | |
| Operating Cash Flow | $-3M | $3M | $-6M | $7M | $26M | $15M | $10M | $9M | $24M | $14M | $19M | $9M | |
| CapEx | $3M | $3M | $3M | $3M | $2M | $3M | $3M | $3M | $4M | $2M | $2M | $1M | |
| Investing Cash Flow | $-34M | $-2M | $11M | $-15M | $-17M | $-15M | $-2M | $10M | $-29M | $-21M | · | · | |
| Stock Repurchased | $7M | $8M | $6M | $7M | $0 | $5M | $9M | $20M | · | $3M | $10M | $19M | |
| Net Stock Activity | $-7M | $-8M | $-6M | $-7M | $0 | $-5M | $-9M | $-20M | · | $-3M | $-10M | $-19M | |
| Financing Cash Flow | $59M | $-6M | $-3M | $-3M | $3M | $-2M | $-7M | $-18M | $7M | $6M | · | · | |
| Net Change in Cash | $22M | $-5M | $2M | $-12M | $12M | $-2M | $543.0K | $521.0K | $3M | $-508.0K | $3M | $-8M | |
| Taxes Paid | $4M | $6M | $7M | $10M | $9M | $5M | $5M | $4M | $5M | $3M | $2M | $1M | |
| Free Cash Flow | $-6M | $516.0K | $-9M | $3M | $24M | $12M | $6M | $5M | $20M | $12M | $17M | $8M |
Profitability 8
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 87.1% | 88.1% | 88.0% | 79.9% | 86.3% | 89.3% | 88.4% | 89.8% | 92.0% | 91.6% | 90.9% | 90.2% | |
| Operating Margin | -10.3% | -7.1% | -13.8% | -4.0% | 2.9% | -0.76% | -2.2% | -1.6% | 18.1% | 19.8% | 10.6% | 2.9% | |
| Net Margin | -9.7% | -8.2% | -12.2% | -17.2% | 0.32% | -2.4% | 0.03% | 0.74% | 19.5% | 18.0% | 10.5% | -1.6% | |
| Pretax Margin | -4.3% | -2.6% | -8.4% | -3.8% | 4.6% | 2.5% | 1.6% | 1.7% | 21.6% | 22.6% | 12.4% | 4.0% | |
| EBITDA Margin | -10.3% | -7.1% | -13.8% | -4.0% | 2.9% | -0.76% | -2.2% | -1.6% | 18.1% | 19.8% | 10.6% | 2.9% | |
| ROA | -3.0% | -2.9% | -3.9% | -7.3% | 0.12% | -0.79% | 0.01% | 0.21% | 6.6% | 5.8% | 3.0% | -0.39% | |
| ROE | -3.5% | -3.3% | -4.6% | -9.1% | 0.14% | -0.92% | 0.01% | 0.23% | 7.5% | 6.6% | 3.4% | -0.44% | |
| ROIC | -7.6% | -9.0% | -11.5% | -9.5% | 0.09% | 0.28% | -0.02% | -0.22% | 5.9% | 5.4% | 2.9% | -0.33% |
Liquidity & Solvency 2
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 9.9 | 7.1 | 7.8 | 5.3 | 5.3 | 5.9 | 6.8 | 8.2 | 7.0 | 6.4 | 5.6 | 5.7 | |
| Quick Ratio | 3.1 | 1.8 | 2.0 | 1.6 | 1.8 | 1.9 | 1.9 | 2.2 | 1.7 | 1.5 | 1.2 | 0.8 |
Efficiency 3
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | 0.3 | 0.3 | 0.3 | 0.4 | 0.4 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.2 | |
| Inventory Turnover | · | · | · | · | · | · | · | · | · | · | · | 18.0 | |
| Receivables Turnover | 2.5 | 3.2 | 3.2 | 4.6 | 4.2 | 3.4 | 3.2 | 3.7 | 5.5 | 7.6 | 9.6 | · |
Growth Rates 3
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue YoY | 2.5% | 9.8% | -19.2% | 5.9% | 13.5% | · | · | · | · | · | · | · | |
| Revenue CAGR 3Y | -3.1% | -2.1% | -0.98% | · | · | · | · | · | · | · | · | · | |
| Revenue CAGR 5Y | 1.8% | · | · | · | · | · | · | · | · | · | · | · |
Valuation (TTM) 10
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | $110M | $107M | $97M | $121M | $114M | $100M | $87M | $78M | $88M | $73M | $59M | $51M | |
| Net Income TTM | $-11M | $-9M | $-12M | $-23M | $396.0K | $-2M | $28.0K | $574.0K | $17M | $13M | $6M | $-819.0K | |
| Market Cap | $592M | $745M | $532M | $594M | $994M | $1.01B | $589M | $487M | $1.02B | $714M | $480M | $367M | |
| P/E | -48.9 | -85.3 | -44.5 | -25.6 | 2162.0 | -413.6 | · | 736.3 | 61.5 | 55.0 | 77.9 | -453.5 | |
| P/S | 5.4 | 7.0 | 5.5 | 4.9 | 8.7 | 10.1 | 6.8 | 6.3 | 11.6 | 9.8 | 8.1 | 7.2 | |
| P/B | 1.8 | 2.8 | 2.0 | 2.3 | 3.6 | 3.9 | 2.3 | 2.0 | 4.2 | 3.4 | 2.6 | 2.1 | |
| P / Tangible Book | 2.1 | 3.6 | 2.6 | 3.0 | 5.3 | 5.1 | · | · | · | · | · | · | |
| P / Cash Flow | -176.4 | 214.8 | -84.1 | 85.8 | 38.5 | 66.8 | 60.9 | 56.6 | 41.6 | 49.4 | 24.7 | 40.3 | |
| P / FCF | -94.3 | 1444.6 | -57.8 | 173.4 | 42.1 | 82.8 | 94.8 | 92.1 | 50.1 | 59.1 | 27.9 | 47.8 | |
| Earnings Yield | -2.0% | -1.2% | -2.2% | -3.9% | 0.05% | -0.24% | 0.00% | 0.14% | 1.6% | 1.8% | 1.3% | -0.22% |
Income Statement 16
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $29M | $27M | $31M | $28M | $26M | $24M | $29M | $27M | $28M | $22M | $24M | $24M | $23M | $26M | $23M | $30M | |
| Cost of Revenue | $4M | $4M | $4M | $3M | $4M | $3M | $3M | $4M | $3M | $3M | $2M | $2M | $4M | $4M | $-4M | $6M | |
| Gross Profit | $25M | $23M | $28M | $25M | $22M | $21M | $26M | $23M | $26M | $20M | $22M | $22M | $19M | $23M | $27M | $24M | |
| R&D Expense | $19M | $20M | $19M | $20M | $19M | $18M | $17M | $18M | $19M | $18M | $18M | $18M | $18M | $19M | $14M | $16M | |
| SG&A Expense | $5M | $5M | $5M | $4M | $4M | $4M | $5M | $5M | $4M | $4M | $4M | $4M | $4M | $4M | $4M | $3M | |
| Operating Expenses | $27M | $28M | $28M | $27M | $27M | $25M | $26M | $26M | $26M | $25M | $25M | $24M | $25M | $25M | $21M | $27M | |
| Operating Income | $-2M | $-5M | $-398.0K | $-2M | $-4M | $-4M | $74.0K | $-3M | $-35.0K | $-5M | $-3M | $-3M | $-5M | $-3M | $6M | $-2M | |
| Interest Income | $2M | $2M | $2M | $1M | $1M | $1M | $1M | $1M | $1M | $1M | · | · | · | · | · | · | |
| Pretax Income | $-1M | $-3M | $1M | $-838.0K | $-3M | $-2M | $-1.0K | $-304.0K | $1M | $-4M | $-946.0K | $-2M | $-4M | $-1M | $8M | $-3M | |
| Income Tax | $2M | $1M | $2M | $2M | $1M | $991.0K | $2M | $1M | $2M | $2M | $7M | $1M | $546.0K | $1M | $-2M | $18M | |
| Net Income | $-3M | $-4M | $-1M | $-3M | $-4M | $-3M | $-2M | $-1M | $-291.0K | $-5M | $4M | $-5M | $-6M | $-5M | $2M | $-22M | |
| EPS (Basic) | $-0.10 | $-0.16 | $-0.05 | $-0.10 | $-0.15 | $-0.14 | $-0.07 | $-0.06 | $-0.01 | $-0.23 | $0.16 | $-0.21 | $-0.25 | $-0.21 | $0.08 | $-0.96 | |
| EPS (Diluted) | · | · | · | · | · | · | · | · | · | · | · | · | · | $-0.21 | $0.08 | $-0.96 | |
| Shares (Basic) | 27,996,000 | 27,678,000 | -47,309,000 | 23,942,000 | 23,898,000 | 23,764,000 | -47,201,000 | 23,678,000 | 23,628,000 | 23,508,000 | -46,931,000 | 23,605,000 | 23,476,000 | 23,334,000 | -46,316,000 | 23,211,000 | |
| Shares (Diluted) | · | · | · | · | · | · | · | · | · | · | · | · | 23,476,000 | 23,334,000 | -46,316,000 | 23,211,000 | |
| EBITDA | $-2M | $-5M | · | $-2M | $-4M | $-4M | · | $-3M | $-35.0K | $-5M | · | $-3M | $-6M | $-5M | · | $-4M |
Balance Sheet 22
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $44M | $21M | $41M | $17M | $29M | $19M | $18M | $13M | $25M | $21M | $23M | $17M | $28M | $24M | $20M | $30M | |
| Short-term Investments | · | · | · | · | · | · | · | · | $288.0K | $346.0K | · | $332.0K | $172.0K | $291.0K | · | $648.0K | |
| Receivables | $47M | $49M | $49M | $50M | $37M | $41M | $37M | $39M | $36M | $34M | · | $31M | $32M | $35M | · | $27M | |
| Prepaid Expense | $16M | $16M | $13M | $13M | $15M | $18M | $15M | $14M | $13M | $13M | · | $7M | $8M | $9M | · | $8M | |
| Current Assets | $283M | $281M | $285M | $214M | $209M | $217M | $216M | $211M | $207M | $206M | · | $171M | $175M | $181M | · | $171M | |
| PP&E (Net) | $9M | $9M | $7M | $6M | $6M | $7M | $7M | $7M | $7M | $7M | · | $7M | $7M | $7M | · | $7M | |
| PP&E (Gross) | · | · | $33M | · | · | · | $31M | · | · | · | · | · | · | · | · | · | |
| Accum. Depreciation | · | · | $26M | · | · | · | $24M | · | · | · | · | · | · | · | · | · | |
| Goodwill | $58M | $58M | $58M | $58M | $58M | $58M | $58M | $58M | $58M | $58M | · | $58M | $77M | $75M | · | $75M | |
| Intangibles | $700.0K | $868.0K | $1M | $1M | $1M | $2M | $2M | $2M | $2M | $3M | · | $3M | $7M | $6M | · | $8M | |
| Other Non-current Assets | $16M | $14M | $12M | $13M | $14M | $13M | $11M | $12M | $11M | $12M | · | $8M | $8M | $7M | · | $4M | |
| Total Assets | $392M | $388M | $388M | $306M | $303M | $310M | $309M | $305M | $300M | $301M | · | $296M | $300M | $311M | · | $295M | |
| Accrued Liabilities | $4M | $4M | $5M | $5M | $5M | $6M | $6M | $6M | $6M | $5M | · | $5M | $6M | $7M | · | $6M | |
| Current Liabilities | $28M | $27M | $29M | $25M | $24M | $29M | $31M | $28M | $25M | $27M | · | $26M | $26M | $35M | · | $28M | |
| Capital Leases | $15M | $14M | $14M | $3M | $3M | $3M | $3M | $3M | $3M | $4M | · | $5M | $6M | $7M | · | $5M | |
| Common Stock | $28.0K | $28.0K | $28.0K | $24.0K | $24.0K | $24.0K | $24.0K | $24.0K | $24.0K | $24.0K | · | $24.0K | $24.0K | $23.0K | · | $23.0K | |
| Retained Earnings | $-7M | $-4M | $-24.0K | $1M | $4M | $7M | $11M | $13M | $14M | $15M | · | $16M | $21M | $27M | · | $30M | |
| Treasury Stock | $0 | $0 | $2M | $3M | $6M | $0 | $3M | $3M | $2M | $3M | · | $3M | $1M | $5M | · | $11M | |
| AOCI | $-859.0K | $-660.0K | $79.0K | $201.0K | $344.0K | $-1M | $-1M | $-956.0K | $-3M | $-3M | · | $-5M | $-6M | $-6M | · | $-7M | |
| Stockholders' Equity | $340M | $338M | $336M | $269M | $266M | $269M | $267M | $266M | $264M | $262M | $264M | $257M | $259M | $260M | $258.9K | $252M | |
| Liabilities + Equity | $392M | $388M | $388M | $306M | $303M | $310M | $309M | $305M | $300M | $301M | · | $296M | $300M | $311M | · | $295M | |
| Shares Outstanding | 28,137,917 | 27,859,369 | 27,510,739 | 24,016,853 | 23,847,325 | 23,915,220 | 23,626,865 | 23,626,747 | 23,659,925 | 23,581,522 | · | 23,560,445 | 23,539,104 | 23,416,026 | · | 23,187,495 |
Cash Flow 11
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock-based Comp | $5M | $5M | $6M | $5M | $5M | $4M | $4M | $4M | $4M | $4M | $4M | $4M | $4M | $4M | $4M | $4M | |
| Amort. of Intangibles | $109.0K | $117.0K | $150.0K | $149.0K | $150.0K | $149.0K | $150.0K | $150.0K | $149.0K | $150.0K | $149.0K | $149.0K | $142.0K | $154.0K | $-50.0K | $575.0K | |
| Operating Cash Flow | $6M | $-5M | $9M | $-6M | $1M | $-7M | $8M | $399.0K | $2M | $-7M | $5M | $-1M | $-5M | $-5M | $3M | $2M | |
| CapEx | $634.0K | $2M | $1M | $426.0K | $691.0K | $311.0K | $1M | $414.0K | $608.0K | $904.0K | $761.0K | $892.0K | $1M | $105.0K | $575.0K | $821.0K | |
| Investing Cash Flow | $17M | $-16M | $-49M | $-6M | $15M | $6M | $-1M | $-9M | $3M | $5M | $4M | $-7M | $8M | $7M | $-12M | $9M | |
| Stock Repurchased | · | · | $0 | $988.0K | $6M | $0 | $1M | $4M | $2M | $1M | $3M | $3M | $0 | $0 | $0 | $2M | |
| Net Stock Activity | · | · | · | · | · | $0 | · | · | · | $-1M | · | · | · | · | · | · | |
| Financing Cash Flow | $0 | $2M | $63M | $606.0K | $-6M | $1M | $-1M | $-3M | $-2M | $276.0K | $-3M | $-1M | $0 | $2M | $0 | $-569.0K | |
| Net Change in Cash | $23M | $-19M | $23M | $-12M | $10M | $316.0K | $5M | $-11M | $3M | $-2M | $6M | $-10M | $3M | $3M | $-8M | $10M | |
| Taxes Paid | $2M | $2M | $2M | $-1M | $2M | $2M | $2M | $2M | $639.0K | $873.0K | $1M | $2M | $2M | $2M | $2M | $3M | |
| Free Cash Flow | · | $-7M | · | · | · | $-8M | · | · | · | $-8M | · | · | · | $-5M | · | · |
Profitability 8
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 87.4% | 86.2% | · | 88.0% | 86.2% | 85.6% | · | 85.4% | 89.7% | 88.7% | · | 90.2% | 78.7% | 81.5% | · | 76.4% | |
| Operating Margin | -7.1% | -18.8% | · | -7.3% | -17.4% | -18.1% | · | -9.6% | -0.12% | -22.5% | · | -11.3% | -24.0% | -16.7% | · | -12.0% | |
| Net Margin | -10.0% | -16.5% | · | -8.8% | -14.4% | -13.7% | · | -4.8% | -1.0% | -24.7% | · | -20.6% | -22.2% | -17.0% | · | -66.3% | |
| Pretax Margin | -3.7% | -11.6% | · | -2.9% | -10.0% | -9.6% | · | -1.1% | 4.6% | -17.1% | · | -6.8% | -20.1% | -12.0% | · | -13.0% | |
| EBITDA Margin | -7.1% | -18.8% | · | -7.3% | -17.4% | -18.1% | · | -9.6% | -0.12% | -22.5% | · | -11.3% | -24.0% | -16.7% | · | -12.0% | |
| ROA | -0.84% | -1.3% | · | -0.82% | -1.2% | -1.1% | · | -0.44% | -0.10% | -1.8% | · | -1.7% | -1.9% | -1.5% | · | -7.3% | |
| ROE | -0.96% | -1.5% | · | -0.94% | -1.4% | -1.2% | · | -0.50% | -0.11% | -2.1% | · | -1.9% | -2.2% | -1.8% | · | -8.5% | |
| ROIC | -1.7% | -2.1% | · | -2.3% | -2.4% | -2.3% | · | -4.3% | 0.00% | -2.7% | · | -1.8% | -2.7% | -2.6% | · | -8.1% |
Liquidity & Solvency 2
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 10.1 | 10.3 | · | 8.7 | 8.6 | 7.4 | · | 7.6 | 8.3 | 7.7 | · | 6.7 | 6.7 | 5.2 | · | 6.1 | |
| Quick Ratio | 3.3 | 2.6 | · | 2.7 | 2.7 | 2.0 | · | 1.9 | 2.4 | 2.1 | · | 1.9 | 2.3 | 1.7 | · | 2.0 |
Efficiency 2
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | 0.1 | 0.1 | · | 0.1 | 0.1 | 0.1 | · | 0.1 | 0.1 | 0.1 | · | 0.1 | 0.1 | 0.1 | · | 0.1 | |
| Receivables Turnover | 0.7 | 0.6 | · | 0.6 | 0.7 | 0.7 | · | 0.8 | 0.8 | 0.6 | · | 0.8 | 0.9 | 1.0 | · | 1.3 |
Valuation (TTM) 10
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | $110M | $105M | · | $106M | $106M | $102M | · | $102M | $98M | $95M | · | $103M | $112M | $124M | · | $130M | |
| Net Income TTM | $-14M | $-14M | · | $-11M | $-9M | $-10M | · | $-12M | $-17M | $-21M | · | $-38M | $-34M | $-30M | · | $-25M | |
| Market Cap | $1.33B | $520M | · | $634M | $524M | $612M | · | $571M | $456M | $536M | · | $457M | $601M | $713M | · | $608M | |
| P/E | -36.6 | -14.5 | · | -20.5 | -17.0 | -19.9 | · | -18.7 | -15.0 | -17.6 | · | -15.0 | -19.8 | -23.6 | · | -24.1 | |
| P/S | 12.1 | 4.9 | · | 6.0 | 5.0 | 6.0 | · | 5.6 | 4.7 | 5.6 | · | 4.4 | 5.3 | 5.8 | · | 4.7 | |
| P/B | 3.9 | 1.5 | · | 2.4 | 2.0 | 2.3 | · | 2.1 | 1.7 | 2.0 | · | 1.8 | 2.3 | 2.7 | · | 2.4 | |
| P / Tangible Book | 4.7 | 1.9 | · | 3.0 | 2.5 | 2.9 | · | 2.8 | 2.2 | 2.7 | · | 2.3 | 3.4 | 4.0 | · | 3.6 | |
| P / Cash Flow | · | -106.5 | · | · | · | -82.7 | · | · | · | -72.9 | · | · | · | -140.4 | · | · | |
| P / FCF | · | -72.3 | · | · | · | -79.4 | · | · | · | -64.9 | · | · | · | -137.5 | · | · | |
| Earnings Yield | -2.7% | -6.9% | · | -4.9% | -5.9% | -5.0% | · | -5.3% | -6.7% | -5.7% | · | -6.7% | -5.1% | -4.2% | · | -4.2% |
Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years
Income Statement
| 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | |
|---|---|---|---|---|---|
| Revenue | $110M | $107M | $97M | $121M | $114M |
| Gross Margin % | 87.1% | 88.1% | 88.0% | 79.9% | 86.3% |
| Operating Margin % | -10.3% | -7.1% | -13.8% | -4.0% | 2.9% |
| Net Income | $-11M | $-9M | $-12M | $-23M | $396.0K |
| Diluted EPS | $-0.44 | $-0.37 | $-0.51 | $-1.00 | $0.02 |
Balance Sheet
| 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | |
|---|---|---|---|---|---|
| Current Ratio | 9.9 | 7.1 | 7.8 | 5.3 | 5.3 |
| Quick Ratio | 3.1 | 1.8 | 2.0 | 1.6 | 1.8 |
Cash Flow
| 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | |
|---|---|---|---|---|---|
| Free Cash Flow | $-6M | $516.0K | $-9M | $3M | $24M |
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Institutional owners (13F) 220 filers · $844.2M total · As of June 30, 2026
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.
| New positions | Exited positions | Increased | Decreased | Net shares change |
|---|---|---|---|---|
| 81 (+58 vs prior Q) | 19 (-18 vs prior Q) | 60 (+7 vs prior Q) | 45 (+3 vs prior Q) | +2.7M |
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 |
|---|---|---|---|---|
| STATE STREET CORP | $78,894,860 | 1,672,919 | 9.35% | Shares |
| Senvest Management, LLC | $77,019,590 | 1,633,155 | 9.12% | Shares |
| VANGUARD CAPITAL MANAGEMENT LLC | $56,403,973 | 1,196,013 | 6.68% | Shares |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $52,679,088 | 1,117,029 | 6.24% | Shares |
| NEUBERGER BERMAN GROUP LLC | $50,296,936 | 1,075,124 | 5.96% | Shares |
| VANGUARD GROUP INC | $46,744,862 | 2,172,159 | 5.54% | Shares |
| AWM Investment Company, Inc. | $37,718,851 | 799,806 | 4.47% | Shares |
| DISCIPLINED GROWTH INVESTORS INC /MN | $31,257,742 | 662,802 | 3.70% | Shares |
| GEODE CAPITAL MANAGEMENT, LLC | $29,223,109 | 619,507 | 3.46% | Shares |
| DIMENSIONAL FUND ADVISORS LP | $26,162,859 | 554,768 | 3.10% | Shares |
| OAKTOP CAPITAL MANAGEMENT II, L.P. | $21,051,139 | 446,377 | 2.49% | Shares |
| Defiance ETFs, LLC | $19,714,067 | 433,181 | 2.34% | Shares |
| HERALD INVESTMENT MANAGEMENT Ltd | $17,419,159 | 369,363 | 2.06% | Shares |
| JANE STREET GROUP, LLC | $16,076,844 | 340,900 | 1.90% | Put option |
| TWO SIGMA INVESTMENTS, LP | $12,284,048 | 260,476 | 1.46% | Shares |
| Point72 Asset Management, L.P. | $11,877,812 | 251,862 | 1.41% | Shares |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | $10,986,111 | 232,954 | 1.30% | Shares |
| ArrowMark Colorado Holdings LLC | $10,799,640 | 229,000 | 1.28% | Shares |
| NEEDHAM INVESTMENT MANAGEMENT LLC | $9,903,600 | 210,000 | 1.17% | Shares |
| First Eagle Investment Management, LLC | $9,861,958 | 209,117 | 1.17% | Shares |
| VANGUARD FIDUCIARY TRUST CO | $9,341,453 | 198,080 | 1.11% | Shares |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | $8,736,579 | 185,254 | 1.03% | Shares |
| JANE STREET GROUP, LLC | $8,018,803 | 170,034 | 0.95% | Shares |
| CAPITOLIS LIQUID GLOBAL MARKETS LLC | $8,003,052 | 169,700 | 0.95% | Shares |
| Squarepoint Ops LLC | $7,617,378 | 161,522 | 0.90% | Shares |
| JANE STREET GROUP, LLC | $7,210,764 | 152,900 | 0.85% | Call option |
| FEDERATED HERMES, INC. | $6,888,237 | 146,061 | 0.82% | Shares |
| NORGES BANK | $6,701,436 | 142,100 | 0.79% | Shares |
| Silverberg Bernstein Capital Management LLC | $6,553,212 | 138,957 | 0.78% | Shares |
| CITADEL ADVISORS LLC | $6,243,984 | 132,400 | 0.74% | Call option |
| D. E. Shaw & Co., Inc. | $6,088,592 | 129,105 | 0.72% | Shares |
| GOLDMAN SACHS GROUP INC | $6,030,538 | 127,874 | 0.71% | Shares |
| Decker Retirement Planning Inc. | $5,819,214 | 123,393 | 0.69% | Shares |
| Robertson Opportunity Capital, LLC | $5,687,590 | 120,602 | 0.67% | Shares |
| RICE HALL JAMES & ASSOCIATES, LLC | $4,611,682 | 97,788 | 0.55% | Shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $4,305,708 | 91,300 | 0.51% | Call option |
| TUDOR INVESTMENT CORP ET AL | $4,189,317 | 88,832 | 0.50% | Shares |
| Informed Momentum Co LLC | $4,124,236 | 87,452 | 0.49% | Shares |
| MILLENNIUM MANAGEMENT LLC | $4,123,104 | 87,428 | 0.49% | Shares |
| Man Group plc | $4,068,635 | 86,273 | 0.48% | Shares |
| BANK OF AMERICA CORP /DE/ | $4,059,344 | 86,076 | 0.48% | Shares |
| Moody Aldrich Partners LLC | $3,592,932 | 76,186 | 0.43% | Shares |
| CITADEL ADVISORS LLC | $3,315,348 | 70,300 | 0.39% | Put option |
| Arosa Capital Management LP | $3,301,200 | 70,000 | 0.39% | Shares |
| AMERICAN CENTURY COMPANIES INC | $2,972,212 | 63,024 | 0.35% | Shares |
| FMR LLC | $2,872,044 | 60,900 | 0.34% | Shares |
| XTX Topco Ltd | $2,871,242 | 60,883 | 0.34% | Shares |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC | $2,814,414 | 59,678 | 0.33% | Shares |
| ICON ADVISERS INC/CO | $2,697,552 | 57,200 | 0.32% | Shares |
| Swiss National Bank | $2,560,788 | 54,300 | 0.30% | Shares |
| LPL Financial LLC | $2,524,852 | 53,538 | 0.30% | Shares |
| BNP PARIBAS FINANCIAL MARKETS | $2,397,096 | 50,829 | 0.28% | Shares |
| IMC-Chicago, LLC | $2,229,489 | 47,275 | 0.26% | Shares |
| AMERIPRISE FINANCIAL INC | $2,022,833 | 42,893 | 0.24% | Shares |
| MEITAV INVESTMENT HOUSE LTD | $1,852,164 | 40,815 | 0.22% | Shares |
| RHUMBLINE ADVISERS | $1,701,471 | 36,079 | 0.20% | Shares |
| BlackRock, Inc. | $1,695,308 | 35,948 | 0.20% | Shares |
| CITADEL ADVISORS LLC | $1,601,129 | 33,951 | 0.19% | Shares |
| Bank of New York Mellon Corp | $1,558,166 | 33,040 | 0.18% | Shares |
| ALGERT GLOBAL LLC | $1,525,909 | 32,356 | 0.18% | Shares |
| TD Asset Management Inc | $1,512,327 | 32,068 | 0.18% | Shares |
| Y-Intercept (Hong Kong) Ltd | $1,359,104 | 28,819 | 0.16% | Shares |
| ORSER CAPITAL MANAGEMENT, LLC | $1,261,530 | 26,750 | 0.15% | Shares |
| UBS Group AG | $1,195,082 | 25,341 | 0.14% | Shares |
| WELLS FARGO & COMPANY/MN | $1,190,413 | 25,242 | 0.14% | Shares |
| RENAISSANCE TECHNOLOGIES LLC | $1,150,751 | 24,401 | 0.14% | Shares |
| MORGAN STANLEY | $1,123,524 | 23,823 | 0.13% | Shares |
| HSBC HOLDINGS PLC | $1,121,508 | 23,791 | 0.13% | Shares |
| VOYA INVESTMENT MANAGEMENT LLC | $1,061,194 | 22,502 | 0.13% | Shares |
| BARCLAYS PLC | $1,045,065 | 22,160 | 0.12% | Shares |
| VANGUARD ASSET MANAGEMENT, Ltd | $962,300 | 20,405 | 0.11% | Shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $932,825 | 19,780 | 0.11% | Shares |
| Quantinno Capital Management LP | $912,864 | 19,356 | 0.11% | Shares |
| CITIGROUP INC | $887,928 | 18,828 | 0.11% | Shares |
| Mirae Asset Global Investments Co., Ltd. | $871,092 | 18,471 | 0.10% | Shares |
| Mariner, LLC | $867,621 | 18,392 | 0.10% | Shares |
| GLENMEDE TRUST CO NA | $810,444 | 17,185 | 0.10% | Shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $782,856 | 16,600 | 0.09% | Put option |
| MetLife Investment Management, LLC | $764,794 | 16,217 | 0.09% | Shares |
| Quantbot Technologies LP | $701,788 | 14,881 | 0.08% | Shares |
| Numerai GP LLC | $665,522 | 14,112 | 0.08% | Shares |
| ENVESTNET ASSET MANAGEMENT INC | $627,464 | 13,305 | 0.07% | Shares |
| SIMPLEX TRADING, LLC | $615,673 | 13,055 | 0.07% | Shares |
| Kestra Advisory Services, LLC | $611,854 | 12,974 | 0.07% | Shares |
| Cetera Investment Advisers | $598,036 | 12,681 | 0.07% | Shares |
| AXQ CAPITAL, LP | $597,423 | 12,668 | 0.07% | Shares |
| Brevan Howard Capital Management LP | $590,160 | 12,514 | 0.07% | Shares |
| WINTON GROUP Ltd | $563,562 | 11,950 | 0.07% | Shares |
| GRIFFIN ASSET MANAGEMENT, INC. | $550,216 | 11,667 | 0.07% | Shares |
| Sanctuary Advisors, LLC | $533,851 | 11,320 | 0.06% | Shares |
| Inspire Investing, LLC | $528,644 | 28,300 | 0.06% | Shares |
| Invesco Ltd. | $520,882 | 11,045 | 0.06% | Shares |
| Vanguard Global Advisers, LLC | $515,364 | 10,928 | 0.06% | Shares |
| MERCER GLOBAL ADVISORS INC /ADV | $512,205 | 10,861 | 0.06% | Shares |
| NEW YORK STATE COMMON RETIREMENT FUND | $509,139 | 10,796 | 0.06% | Shares |
| ALLIANCEBERNSTEIN L.P. | $508,301 | 27,211 | 0.06% | Shares |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | $464,086 | 24,844 | 0.05% | Shares |
| Argos Wealth Advisors, LLC | $463,300 | 9,824 | 0.05% | Shares |
| Hilltop Holdings Inc. | $458,820 | 9,729 | 0.05% | Shares |
| State of Wyoming | $455,613 | 9,661 | 0.05% | Shares |
Company insiders 22 insiders · 5 officers · 14 directors
| Insider | Role | Last activity | Shares owned | Buys 12m | Sells 12m | Net 12m |
|---|---|---|---|---|---|---|
| Gideon Wertheizer | Chief Executive Officer | Aug. 19, 2020 S | 110,851 | 0 | 0 | $0 |
| Chester J Silvestri | Chief Executive Officer | July 20, 2004 A | — | 0 | 0 | $0 |
| Michael Boukaya | Chief Operating Officer | Aug. 19, 2020 S | 16,975 | 0 | 0 | $0 |
| Issachar Ohana | EVP Worldwide Sales | March 16, 2022 S | 51,060 | 0 | 0 | $0 |
| Bat Sheva Ovadia | Chief Scientist - DSP Tech | June 18, 2003 D | 700 | 0 | 0 | $0 |
| Louis Silver | Director | June 10, 2026 F | 61,825 | 0 | 0 | $0 |
| Peter Mcmanamon | Director | June 9, 2026 A | 272,085 | 0 | 0 | $0 |
| Jaclyn Liu | Director | June 2, 2026 A | 35,795 | 0 | 0 | $0 |
| Bernadette Andrietti | Director | June 2, 2026 A | 25,994 | 0 | 0 | $0 |
| Maria Marced | Director | June 2, 2026 A | 37,825 | 0 | 0 | $0 |
| Amir Faintuch | Director | June 2, 2026 A | 13,347 | 0 | 0 | $0 |
| Zvi Limon | Director | Feb. 20, 2020 M | 0 | 0 | 0 | $0 |
| Bruce Mann | Director | Feb. 20, 2020 M | 9,185 | 0 | 0 | $0 |
| Sven Christer Nilsson | Director | July 1, 2018 A | 19,410 | 0 | 0 | $0 |
| Eliyahu Ayalon | Director | July 1, 2018 A | 9,214 | 0 | 0 | $0 |
| Dan S Tocatly | Director | Aug. 17, 2015 M | 0 | 0 | 0 | $0 |
| Brian Long | Director | June 30, 2005 A | 1,591,969 | 0 | 0 | $0 |
| Christine A Russell | Director | July 20, 2004 A | — | 0 | 0 | $0 |
| MARXE AUSTIN W & GREENHOUSE DAVID M | 10% owner | Oct. 22, 2010 S | 2,122,178 | 0 | 0 | $0 |
| Amir Panush | — | Aug. 7, 2026 A | 336,619 | 0 | 0 | $0 |
| Gweltaz Toquet | — | Aug. 7, 2026 A | 83,527 | 0 | 0 | $0 |
| Yaniv Arieli | — | Aug. 7, 2026 A | 187,964 | 0 | 0 | $0 |
Insiders from SEC Form 3/4/5 filings; net = open-market P/S only
ETF ownership Held by 43 ETFs
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 |
|---|---|---|---|---|
| MAKX · ProShares Trust | 3.49% | 4,643 NS | May 31, 2026 | N-PORT |
| VERS · ProShares Trust | 2.67% | 4,856 NS | May 31, 2026 | N-PORT |
| PTF · Invesco Exchange-Traded Fund Trust | 1.47% | 244,611 SH | Aug. 8, 2026 | Daily |
| DRIV · Global X Funds | 1.41% | 167,828 NS | May 31, 2026 | N-PORT |
| DWAS · Invesco Exchange-Traded Fund Trust … | 0.32% | 37,506 SH | Aug. 8, 2026 | Daily |
| IWC · iShares Trust | 0.22% | 93,983 SH | Aug. 8, 2026 | Daily |
| MSSM · MORGAN STANLEY PATHWAY FUNDS | 0.14% | 27,084 NS | May 31, 2026 | N-PORT |
| AVSC · AMERICAN CENTURY ETF TRUST | 0.08% | 54,839 NS | May 31, 2026 | N-PORT |
| GINN · Goldman Sachs ETF Trust | 0.08% | 4,143 NS | May 31, 2026 | N-PORT |
| VTWG · VANGUARD SCOTTSDALE FUNDS | 0.07% | 27,085 SH | Aug. 8, 2026 | Daily |
| IWO · iShares Trust | 0.06% | 231,506 SH | Aug. 8, 2026 | Daily |
| PRFZ · Invesco Exchange-Traded Fund Trust | 0.05% | 36,916 SH | Aug. 8, 2026 | Daily |
| VTWO · VANGUARD SCOTTSDALE FUNDS | 0.04% | 159,561 SH | Aug. 8, 2026 | Daily |
| GSSC · Goldman Sachs ETF Trust | 0.04% | 9,126 NS | May 31, 2026 | N-PORT |
| IWM · iShares Trust | 0.03% | 711,064 SH | Aug. 8, 2026 | Daily |
| ITWO · ProShares Trust | 0.03% | 1,244 NS | May 31, 2026 | N-PORT |
| RSSL · Global X Funds | 0.02% | 11,448 NS | April 30, 2026 | N-PORT |
| SCHA · SCHWAB STRATEGIC TRUST | 0.02% | 131,152 NS | May 31, 2026 | N-PORT |
| VGT · VANGUARD WORLD FUND | 0.02% | 675,358 SH | Aug. 8, 2026 | Daily |
| DFAS · Dimensional ETF Trust | 0.02% | 91,293 NS | April 30, 2026 | N-PORT |
| UWM · ProShares Trust | 0.02% | 974 NS | May 31, 2026 | N-PORT |
| FTEC · FIDELITY COVINGTON TRUST | 0.01% | 84,080 NS | April 30, 2026 | N-PORT |
| URTY · ProShares Trust | 0.01% | 982 NS | May 31, 2026 | N-PORT |
| TECB · iShares Trust | 0.01% | 1,411 SH | Aug. 8, 2026 | Daily |
| VXF · VANGUARD INDEX FUNDS | 0.01% | 321,921 SH | Aug. 8, 2026 | Daily |
| VTWV · VANGUARD SCOTTSDALE FUNDS | 0.01% | 2,157 SH | Aug. 8, 2026 | Daily |
| OMFS · Invesco Exchange-Traded Self-Indexe… | 0.01% | 744 SH | Aug. 8, 2026 | Daily |
| WSML · iShares Trust | 0.01% | 1,799 SH | Aug. 8, 2026 | Daily |
| IWN · iShares Trust | 0.01% | 26,993 SH | Aug. 8, 2026 | Daily |
| HDG · ProShares Trust | 0.00% | 25 NS | May 31, 2026 | N-PORT |
| DXUV · Dimensional ETF Trust | 0.00% | 600 NS | April 30, 2026 | N-PORT |
| DFAC · Dimensional ETF Trust | 0.00% | 66,030 NS | April 30, 2026 | N-PORT |
| DFSU · Dimensional ETF Trust | 0.00% | 1,433 NS | April 30, 2026 | N-PORT |
| DCOR · Dimensional ETF Trust | 0.00% | 1,851 NS | April 30, 2026 | N-PORT |
| AVSU · AMERICAN CENTURY ETF TRUST | 0.00% | 190 NS | May 31, 2026 | N-PORT |
| DFAU · Dimensional ETF Trust | 0.00% | 6,188 NS | April 30, 2026 | N-PORT |
| ITOT · iShares Trust | 0.00% | 38,111 SH | Aug. 8, 2026 | Daily |
| DFUS · Dimensional ETF Trust | 0.00% | 9,088 NS | April 30, 2026 | N-PORT |
| SCHB · SCHWAB STRATEGIC TRUST | 0.00% | 12,725 NS | May 31, 2026 | N-PORT |
| IWV · iShares Trust | 0.00% | 5,753 SH | Aug. 8, 2026 | Daily |
| AVUS · AMERICAN CENTURY ETF TRUST | 0.00% | 2,132 NS | May 31, 2026 | N-PORT |
| VTI · VANGUARD INDEX FUNDS | 0.00% | 847,027 SH | Aug. 8, 2026 | Daily |
| VTHR · VANGUARD SCOTTSDALE FUNDS | 0.00% | 2,242 SH | Aug. 8, 2026 | Daily |