MCRB Stock Price Chart
Daily OHLCV with technical indicators — pan, zoom, and customize your view
04
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Stock splits1
Ex-date
Split
Type
April 22, 2025
1-for-20
Reverse
10-Year Performance
Revenue, net income, margins and EPS trends
06
Revenue$789.0K2016-12-31 → 2025-12-31
EPS$0.642020-12-31 → 2025-12-31
Free Cash Flow$865.0K2016-12-31 → 2025-12-31
Net margin-1192.9%2016-12-31 → 2025-12-31
Valuation & Ratios07–12
Valuation
P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?
Metric
5Y trend
MCRB
5Y avg
Peer Median
Verdict
P/E (TTM)
-1.25Y avg ≈-64.5
≈-64.5
·
·
P/S (TTM)
15.35Y avg ≈751.1
≈751.1
79.9
Undervalued
P/B (MRQ)
0.85Y avg ≈308.9
≈308.9
2.2
Overvalued
Price / FCF (TTM)
-0.65Y avg ≈-1052.6
≈-1052.6
·
·
Price / Cash Flow (TTM)
-0.65Y avg ≈460.7
≈460.7
·
·
Price / Tangible Book
0.65Y avg ≈407.2
≈407.2
·
·
Peer median is calculated on a standardized basis per metric and may not always match the TTM/MRQ basis shown for this stock.
Profitability
Gross, operating and net margins; ROE, ROA, ROIC
Metric
5Y trend
MCRB
5Y avg
Peer Median
Verdict
Operating Margin (TTM)
-4462.8%5Y avg ≈-3874.5%
≈-3874.5%
-5293.3%
Top tier
EBITDA Margin (TTM)
-4279.6%5Y avg ≈-3718.1%
≈-3718.1%
-5247.7%
Top tier
Net Profit Margin (TTM)
-1192.9%5Y avg ≈-730.7%
≈-730.7%
-4906.2%
Top tier
ROA (TTM)
-18.3%5Y avg ≈-23.6%
≈-23.6%
-40.8%
Top tier
ROE (TTM)
-66.6%5Y avg ≈-57.3%
≈-57.3%
-107.8%
Top tier
Financial Health
Debt, liquidity, solvency — balance sheet strength
Metric
5Y trend
MCRB
5Y avg
Peer Median
Verdict
Current Ratio (MRQ)
2.15Y avg ≈2.2
≈2.2
2.0
In line
Quick Ratio
2.45Y avg ≈2.0
≈2.0
0.8
In line
Growth
Revenue, EPS and net income growth: YoY, 3Y CAGR, 5Y CAGR
Metric
5Y trend
MCRB
5Y avg
Peer Median
Verdict
Revenue CAGR 3Y
-52.0%
·
·
·
Revenue CAGR 5Y
-52.7%
·
·
·
Net Income YoY
4088.2%
·
·
·
Per Share Metrics
EPS, book value per share, cash flow per share, dividend per share
Metric
5Y trend
MCRB
5Y avg
Peer Median
Verdict
EPS (Diluted)
$0.645Y avg ≈$-4.03
≈$-4.03
·
·
Revenue / Share
$0.095Y avg ≈$0.38
≈$0.38
·
·
Cash Flow / Share
$0.135Y avg ≈$-0.97
≈$-0.97
·
·
Cash / Share
$4.795Y avg ≈$1.84
≈$1.84
·
·
Capital Efficiency
Asset turnover, inventory turnover, receivables turnover
Metric
5Y trend
MCRB
5Y avg
Peer Median
Verdict
Asset Turnover
0.05Y avg ≈0.2
≈0.2
0.0
In line
Receivables Turnover
10.1
·
6.6
Top tier
Revenue / Employee
≈$12.0K
·
·
·
value · ≈ 5Y avg · industry median · verdict relative to median
Earnings History
EPS actual vs estimate, surprise %, beat rate, next earnings date
14
Avg Surprise-49.6%
Next ReportNov 03, 2026
Period
Report
EPS Actual
EPS Est
Surprise
June 30, 2026
Aug 4, 2026
$1.07
$-2.23
148.0%
March 31, 2026
$-2.08
$-1.92
-8.5%
Dec. 31, 2025
$-1.78
$-2.15
17.3%
Sept. 30, 2025
$0.94
$1.31
-28.0%
June 30, 2025
$-2.27
$-2.54
10.7%
March 31, 2025
$-2.96
$-0.55
-437.4%
Full Fundamentals
All metrics by year — income statement, balance sheet, cash flow
15
Income Statement14
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
Revenue
$789.0K
$0
$0
$7M
$145M
$33M
$35M
$28M
$32M
$22M
$0
R&D Expense
$49M
$65M
$118M
$110M
$142M
$91M
$80M
$96M
$89M
$82M
$38M
SG&A Expense
$39M
$53M
$78M
$70M
$69M
$31M
$25M
$33M
$34M
$33M
$17M
Operating Expenses
$95M
$121M
$195M
$180M
$209M
$121M
$106M
$129M
$123M
$115M
$55M
Operating Income
$-94M
$-121M
$-195M
$-180M
$-64M
$-88M
$-72M
$-100M
$-91M
$-93M
$-55M
Interest Income
$2M
$4M
$7M
$3M
$3M
$946.0K
$1M
$1M
$2M
·
·
Other Non-op
$17M
$-14M
$134.0K
$-705.0K
$-1M
$981.0K
$1M
$1M
$2M
$1M
$76.0K
Income Tax
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
Net Income
$6M
$136.0K
$-114M
$-250M
$-66M
$-89M
$-70M
$-99M
$-89M
$-92M
$-55M
EPS (Basic)
$0.64
$0.00
$-17.77
$-2.31
$-0.72
$-1.12
·
·
·
·
·
EPS (Diluted)
$0.64
$0.00
$-17.77
$-2.31
$-0.72
$-1.12
·
·
·
·
·
Shares (Basic)
8,858,975
7,769,910
6,400,339
108,077,043
91,702,866
79,789,220
·
·
·
·
·
Shares (Diluted)
8,869,742
7,769,910
6,400,339
108,077,043
91,702,866
79,789,220
·
·
·
·
·
EBITDA
$-90M
$-116M
$-102M
$-240M
$-59M
$-82M
$-64M
$-92M
$-84M
$-89M
$-54M
Balance Sheet25
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
Cash & Equivalents
$46M
$31M
$128M
$163M
$180M
$116M
$65M
$86M
$36M
$55M
$74M
Short-term Investments
·
·
$0
$18M
$111M
$138M
$30M
·
$114M
$139M
$131M
Receivables
$157.0K
$0
·
·
·
$9M
$2M
·
·
·
·
Inventory
·
·
$30M
$0
·
·
·
·
·
·
·
Prepaid Expense
$3M
$6M
$8M
$13M
$13M
$6M
$4M
$7M
$5M
$5M
$3M
Current Assets
$49M
$39M
$175M
$195M
$304M
$269M
$100M
$93M
$155M
$198M
$208M
PP&E (Net)
$8M
$12M
$18M
$23M
$18M
$14M
$19M
$26M
$33M
$36M
$8M
PP&E (Gross)
$64M
$65M
$67M
$68M
$58M
$48M
$47M
$47M
$45M
$41M
$9M
Accum. Depreciation
$57M
$53M
$49M
$45M
$40M
$34M
$28M
$20M
$12M
$5M
$1M
Other Non-current Assets
$31.0K
$31.0K
$2M
$10M
$5M
·
·
·
·
·
·
Total Assets
$138M
$140M
$359M
$349M
$355M
$343M
$132M
$120M
$190M
$273M
$217M
Accounts Payable
$2M
$4M
$4M
$17M
$14M
$4M
$5M
$6M
$7M
$8M
$5M
Short-term Debt
·
·
$0
$456.0K
$0
$454.0K
·
·
·
·
·
Current Liabilities
$19M
$41M
$99M
$86M
$82M
$46M
$46M
$42M
$32M
$30M
$11M
Capital Leases
$73M
$83M
$92M
$108M
$18M
$11M
$16M
·
·
·
·
Other Non-current Liabilities
$2M
$2M
$2M
$1M
$11M
$1M
$502.0K
$644.0K
$1M
·
·
Total Liabilities
$94M
$126M
$403M
$338M
$223M
$168M
$181M
$169M
$129M
$140M
$12M
Long-term Debt
·
·
$110M
$50M
$24M
$25M
$25M
·
·
·
·
Total Debt
·
·
$0
$456.0K
·
$454.0K
·
·
·
·
·
Common Stock
$10.0K
$9.0K
$135.0K
$125.0K
$92.0K
$91.0K
$70.0K
$41.0K
$40.0K
$40.0K
$39.0K
Retained Earnings
$-972M
$-978M
$-978M
$-865M
$-614M
$-549M
$-460M
$-389M
$-264M
$-174M
$-83M
AOCI
·
$0
$0
$-12.0K
$-60.0K
$-47.0K
·
·
$-146.0K
$-149.0K
$30.0K
Stockholders' Equity
$44M
$14M
$-45M
$11M
$132M
$175M
$-48M
$-48M
$61M
$133M
$205M
Liabilities + Equity
$138M
$140M
$359M
$349M
$355M
$343M
$132M
$120M
$190M
$273M
$217M
Shares Outstanding
9,556,466
8,650,227
6,752,073
6,261,400
91,889,418
91,459,239
70,143,252
40,936,735
40,571,015
40,355,753
39,082,017
Cash Flow16
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
D&A
$4M
$5M
$6M
$7M
$6M
$7M
$8M
$8M
$7M
$4M
$728.0K
Stock-based Comp
$11M
$21M
$34M
$25M
$20M
$9M
$8M
$17M
$17M
$17M
$10M
Restructuring
$1M
·
$6M
·
$0
$0
$1M
$0
$0
·
·
Other Non-cash
$-20M
$-175M
$-44M
$-11M
$46M
$-20M
$-22M
$12M
$-11M
$114M
$4M
Operating Cash Flow
$1M
$-149M
$-117M
$-229M
$7M
$-94M
$-77M
$-63M
$-76M
$44M
$-41M
CapEx
$252.0K
$380.0K
$8M
$10M
$10M
$591.0K
$1M
$2M
$5M
$21M
$4M
Investing Cash Flow
$-42.0K
$142M
$11M
$82M
$64M
$-159M
$-31M
$112M
$56M
$-66M
·
Debt Issued
·
·
·
$28M
$0
$0
$25M
·
·
·
·
Net Debt Issued
·
·
·
$28M
·
·
$25M
·
·
·
·
Stock Issued
·
$0
$0
$97M
$0
$244M
$61M
·
·
·
$143M
Stock Repurchased
·
·
·
·
·
·
·
·
$33.0K
·
·
Net Stock Activity
·
$0
$0
$97M
·
$244M
$61M
·
$-33.0K
·
$143M
Financing Cash Flow
$14M
$-90M
$72M
$130M
$1M
$303M
$86M
$268.0K
$83.0K
$2M
·
Net Change in Cash
·
·
·
·
·
$51M
$-21M
$50M
$-20M
$-20M
$-40M
Taxes Paid
$0
·
·
·
·
·
·
·
·
·
·
Free Cash Flow
$865.0K
$-149M
$-125M
$-239M
$-3M
$-94M
$-78M
$-65M
$-80M
$22M
$-45M
Profitability5
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
Operating Margin
-11910.1%
·
-85.5%
-3458.1%
-44.5%
-265.3%
-208.3%
-354.8%
-284.7%
-426.5%
·
Net Margin
721.9%
·
-90.0%
-3509.5%
-45.2%
-268.3%
-203.7%
-350.0%
-278.4%
-420.7%
·
EBITDA Margin
-11386.3%
·
-80.5%
-3365.1%
-40.4%
-245.5%
-186.3%
-327.0%
-262.1%
-407.2%
·
ROA
4.1%
0.05%
-32.1%
-71.1%
-18.8%
-37.5%
-55.6%
-63.8%
-38.7%
-37.4%
-32.8%
ROE
14.8%
0.72%
379.2%
-638.4%
-42.7%
-49.1%
174.5%
251.7%
-92.5%
-54.2%
-61.3%
Liquidity & Solvency3
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
Current Ratio
2.6
0.9
1.8
2.3
3.7
5.8
2.2
2.2
4.9
6.5
19.0
Quick Ratio
2.4
0.7
1.3
2.1
3.5
5.7
1.5
2.0
4.7
6.3
18.8
Debt / Equity
·
·
0.0
0.0
·
0.0
·
·
·
·
·
Efficiency2
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
Asset Turnover
0.0
·
0.4
0.0
0.4
0.1
0.3
0.2
0.1
0.1
0.0
Receivables Turnover
10.1
·
·
·
·
5.9
38.7
·
·
·
·
Per Share5
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
Book Value / Share
$4.63
$0.08
$-0.33
$0.09
$1.43
$1.91
$-0.69
$-1.17
$1.50
$3.29
$5.26
Revenue / Share
$0.09
·
$0.99
$0.07
·
·
·
·
·
·
·
Cash Flow / Share
$0.13
$-0.96
$-0.92
$-2.12
·
·
·
·
·
·
·
Cash / Share
$4.79
$0.18
$0.95
$1.30
$1.96
$1.27
$0.93
$2.10
$0.89
$1.35
$1.89
EPS (TTM)
$0.64
$0.00
$-17.77
$-2.31
$-0.72
$-1.12
·
·
·
·
·
Growth Rates4
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
Revenue YoY
·
·
·
-95.1%
336.3%
·
·
·
·
·
·
Revenue CAGR 3Y
-52.0%
·
·
·
·
·
·
·
·
·
·
Revenue CAGR 5Y
-52.7%
·
·
·
·
·
·
·
·
·
·
Net Income YoY
4088.2%
·
·
·
·
·
·
·
·
·
·
Valuation (TTM)14
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
Revenue TTM
$789.0K
$0
$0
$7M
$145M
$33M
$35M
$28M
$32M
$22M
$0
Net Income TTM
$6M
$136.0K
$-114M
$-250M
$-66M
$-89M
$-70M
$-99M
$-89M
$-92M
$-55M
Market Cap
$142M
$2.88B
$3.78B
$14.02B
$15.31B
$44.82B
$4.84B
$3.70B
$8.23B
$7.99B
$27.43B
Enterprise Value
·
·
$3.65B
$13.84B
·
$44.56B
·
·
·
·
·
P/E
23.2
·
-1.6
-48.5
-231.4
-437.5
·
·
·
·
·
P/S
180.2
·
·
1967.6
105.6
1349.2
140.3
130.9
256.3
367.1
·
P/B
3.2
208.6
-84.3
1300.6
116.4
256.5
-100.2
-77.0
135.6
60.2
133.5
P / Tangible Book
3.2
208.6
·
1300.6
116.4
256.5
·
·
·
·
·
P / Cash Flow
127.3
-19.3
-32.2
-61.3
2289.0
-478.7
-63.2
-58.9
-108.9
181.9
-671.5
P / FCF
164.4
-19.3
-30.2
-58.8
-5319.2
-475.7
-62.4
-57.1
-102.6
356.3
-606.7
EV / EBITDA
·
·
-35.9
-57.7
·
-546.4
·
·
·
·
·
EV / FCF
·
·
-29.1
-58.0
·
-473.1
·
·
·
·
·
EV / Revenue
·
·
·
1942.2
·
1341.6
·
·
·
·
·
Earnings Yield
4.3%
0.00%
-63.5%
-2.1%
-0.43%
-0.23%
·
·
·
·
·
Income Statement14
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
$736.0K
$358.0K
$438.0K
$351.0K
$0
$0
$0
$0
$0
$0
$-126M
$310.0K
$126M
$-522.0K
·
$3M
R&D Expense
$9M
$13M
$12M
$13M
$13M
$12M
$13M
$16M
$16M
$19M
$2M
$25M
$47M
$44M
$-17M
$43M
SG&A Expense
$7M
$8M
$8M
$9M
$10M
$12M
$12M
$13M
$13M
$15M
$8M
$19M
$28M
$22M
$13M
$18M
Operating Expenses
$22M
$21M
$20M
$23M
$25M
$27M
$29M
$29M
$29M
$34M
$4M
$45M
$77M
$70M
$-4M
$63M
Operating Income
$-21M
$-21M
$-19M
$-22M
$-25M
$-27M
$-29M
$-29M
$-29M
$-34M
$-129M
$-45M
$50M
$-71M
$-2M
$-59M
Interest Income
$181.0K
$325.0K
$445.0K
$618.0K
$546.0K
$618.0K
$437.0K
$652.0K
$1M
$2M
$2M
$3M
$2M
$1M
$1M
$865.0K
Other Non-op
$673.0K
$669.0K
$2M
$3M
$4M
$7M
$6M
$-23M
$1M
$505.0K
$336.0K
$999.0K
$-2M
$310.0K
$-23.0K
$-33.0K
Income Tax
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
Net Income
$5M
$-20M
$-15M
$8M
$-20M
$33M
$-16M
$89M
$-33M
$-40M
$-41M
$-48M
$47M
$-71M
$-69M
$-60M
EPS (Basic)
$0.47
$-2.08
$-1.79
$0.94
$-2.27
$3.76
$-1.80
$11.63
$-4.34
$-5.49
$-17.19
$-0.37
$0.36
$-0.57
$-0.51
$-0.49
EPS (Diluted)
$0.47
$-2.08
$-1.78
$0.94
$-2.27
$3.75
$-1.80
$11.63
$-4.34
$-5.49
$-17.19
$-0.37
$0.36
$-0.57
$-0.51
$-0.49
Shares (Basic)
9,706,193
9,582,533
·
8,758,692
8,743,733
8,703,221
·
7,632,242
7,575,620
7,305,026
·
128,289,871
127,713,486
125,862,975
·
122,527,275
Shares (Diluted)
9,747,138
9,582,533
·
8,771,519
8,743,733
8,714,701
·
7,632,242
7,575,620
7,305,026
·
128,289,871
129,844,931
125,862,975
·
122,527,275
EBITDA
$-21M
$-20M
·
$-21M
$-24M
$-26M
·
$-28M
$-30M
$-38M
·
$-46M
$51M
$-69M
·
$-57M
Balance Sheet25
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
$16M
$30M
$46M
$48M
$45M
$59M
$31M
$67M
$71M
$111M
·
$170M
$230M
$95M
·
$205M
Short-term Investments
·
·
·
·
·
·
·
·
·
·
·
$0
$0
$12M
·
$28M
Receivables
$274.0K
$233.0K
$157.0K
$351.0K
·
·
$0
·
·
·
·
·
·
·
·
·
Inventory
·
·
·
·
·
·
·
·
$53M
$42M
·
$19M
$5M
·
·
·
Prepaid Expense
$1M
$2M
$3M
$3M
$2M
$4M
$6M
$6M
$6M
$5M
·
$9M
$9M
$10M
·
$15M
Current Assets
$42M
$32M
$49M
$52M
$49M
$66M
$39M
$73M
$149M
$165M
·
$214M
$251M
$116M
·
$248M
PP&E (Net)
$6M
$7M
$8M
$9M
$10M
$11M
$12M
$13M
$18M
$19M
·
$24M
$24M
$24M
·
$19M
PP&E (Gross)
$61M
$64M
$64M
$65M
$65M
$65M
$65M
$65M
$72M
$72M
·
$73M
$72M
$71M
·
$65M
Accum. Depreciation
$55M
$57M
$57M
$56M
$55M
$54M
$53M
$52M
$54M
$52M
·
$50M
$48M
$46M
·
$45M
Other Non-current Assets
$31.0K
$31.0K
$31.0K
$31.0K
$31.0K
$31.0K
$31.0K
$465.0K
$42M
$41M
·
$12M
$11M
$11M
·
$12M
Total Assets
$102M
$118M
$138M
$143M
$144M
$164M
$140M
$179M
$322M
$341M
·
$368M
$406M
$270M
·
$312M
Accounts Payable
$1M
$2M
$2M
$2M
$2M
$2M
$4M
$8M
$5M
$5M
·
$9M
$13M
$12M
·
$10M
Short-term Debt
·
·
·
·
·
·
·
·
·
·
·
$0
$0
$0
·
·
Current Liabilities
$20M
$19M
$19M
$22M
$31M
$31M
$41M
$65M
$108M
$98M
·
$79M
$78M
$64M
·
$82M
Capital Leases
$45M
$70M
$73M
$75M
$78M
$80M
$83M
$85M
$101M
$103M
·
$105M
$107M
$107M
·
$18M
Other Non-current Liabilities
$2M
$2M
$2M
$2M
$2M
$2M
$2M
$2M
$2M
$2M
·
$2M
$2M
$1M
·
$961.0K
Total Liabilities
$67M
$91M
$94M
$100M
$111M
$114M
$126M
$155M
$409M
$401M
·
$383M
$384M
$318M
·
$244M
Long-term Debt
·
·
·
·
·
·
·
·
$110M
$110M
·
$110M
$110M
$50M
·
$50M
Total Debt
·
·
·
·
·
·
·
·
·
·
·
$0
$0
$0
·
·
Common Stock
$10.0K
$10.0K
$10.0K
$9.0K
$9.0K
$9.0K
$9.0K
$170.0K
$152.0K
$151.0K
·
$129.0K
$128.0K
$127.0K
·
$124.0K
Retained Earnings
$-988M
$-992M
$-972M
$-957M
$-965M
$-945M
$-978M
$-962M
$-1.05B
$-1.02B
·
$-937M
$-889M
$-936M
·
$-796M
AOCI
·
·
·
$0
$0
·
·
$0
$0
$0
·
$0
$-1.0K
$2.0K
·
$-118.0K
Stockholders' Equity
$35M
$26M
$44M
$44M
$33M
$50M
$14M
$24M
$-87M
$-60M
$-45M
$-15M
$23M
$-48M
$11M
$68M
Liabilities + Equity
$102M
$118M
$138M
$143M
$144M
$164M
$140M
$179M
$322M
$341M
·
$368M
$406M
$270M
·
$312M
Shares Outstanding
9,827,569
9,592,326
9,556,446
8,764,664
8,754,482
8,732,187
8,650,227
170,200,253
151,633,922
151,442,034
6,752,073
128,630,689
128,037,679
126,592,604
125,222,273
124,410,917
Cash Flow11
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
D&A
$670.0K
$781.0K
$954.0K
$1M
$1M
$1M
$1M
$1M
$1M
$2M
$2M
$2M
$2M
$1M
$2M
$2M
Stock-based Comp
$2M
$2M
$3M
$2M
$2M
$3M
$4M
$5M
$6M
$6M
$5M
$9M
$13M
$7M
$7M
$6M
Restructuring
$0
$914.0K
$0
$1M
·
·
·
·
·
·
·
·
·
·
·
·
Other Non-cash
·
$1M
·
·
·
$-10M
·
·
·
$-3M
·
·
·
$-14M
·
·
Operating Cash Flow
$-22M
$-16M
$-15M
$2M
$-13M
$27M
$-39M
$-35M
$-40M
$-35M
$-47M
$-59M
$66M
$-77M
$-53M
$-60M
CapEx
$0
$0
$29.0K
$8.0K
$181.0K
$34.0K
$90.0K
$129.0K
$99.0K
$62.0K
$877.0K
$2M
$1M
$4M
$3M
$1M
Investing Cash Flow
$14.0K
$0
$181.0K
$-8.0K
$-181.0K
$-34.0K
$-90.0K
$141M
$1M
$-62.0K
$-877.0K
$-2M
$11M
$3M
$6M
$40M
Stock Issued
·
·
·
·
·
·
·
·
·
·
·
·
·
·
$-3M
·
Financing Cash Flow
$2M
$428.0K
$13M
$61.0K
$0
$1M
$2M
$-111M
$0
$19M
$6M
$1M
$58M
$6M
$5M
$98M
Net Change in Cash
·
·
·
·
·
·
·
·
·
·
·
·
$135M
$-68M
·
$79M
Free Cash Flow
·
$-16M
·
·
·
$27M
·
·
·
$-35M
·
·
·
$-81M
·
·
Profitability5
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
Operating Margin
-2890.3%
-5839.9%
·
-6403.7%
·
·
·
·
·
·
·
-15294.5%
39.2%
13518.8%
·
-1716.2%
Net Margin
622.4%
-5562.3%
·
2337.3%
·
·
·
·
·
·
·
-15436.8%
36.8%
13634.9%
·
-1742.2%
EBITDA Margin
-2799.3%
-5621.8%
·
-6106.3%
·
·
·
·
·
·
·
-14751.3%
40.4%
13250.6%
·
-1665.5%
ROA
3.7%
-14.1%
·
5.1%
-8.5%
12.9%
·
32.5%
-9.0%
-13.1%
·
-14.1%
13.7%
-24.1%
·
-17.0%
ROE
13.6%
-51.7%
·
24.3%
73.4%
-704.9%
·
2018.6%
102.0%
74.6%
·
-182.4%
203.8%
-430.2%
·
-49.3%
Liquidity & Solvency3
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
2.1
1.6
·
2.3
1.6
2.1
·
1.1
1.4
1.7
·
2.7
3.2
1.8
·
3.0
Quick Ratio
0.8
1.6
·
2.1
1.5
1.9
·
1.0
0.7
1.1
·
2.1
2.9
1.7
·
2.8
Debt / Equity
·
·
·
·
·
·
·
·
·
·
·
0.0
0.0
0.0
·
·
Efficiency2
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
0.0
0.0
·
0.0
·
·
·
·
0.0
0.0
·
0.0
0.4
-0.0
·
0.0
Receivables Turnover
1.0
0.3
·
0.4
·
·
·
·
·
·
·
·
·
·
·
·
Per Share5
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
Book Value / Share
$3.51
$2.76
·
$4.99
$3.76
$5.78
·
$0.14
$-0.57
$-0.39
·
$-0.12
$0.18
$-0.38
·
$0.54
Revenue / Share
$0.08
$0.04
·
$0.04
·
·
·
·
$0.00
$0.00
·
$0.00
$0.97
$-0.00
·
$0.03
Cash Flow / Share
·
$-1.71
·
·
·
$3.09
·
·
·
$-0.24
·
·
·
$-0.61
·
·
Cash / Share
$1.59
$3.11
·
$5.44
$5.18
$6.74
·
$0.39
$0.47
$0.73
·
$1.32
$1.79
$0.75
·
$1.65
EPS (TTM)
$-2.45
$-5.19
·
$0.62
$11.31
$9.24
·
$-15.39
$-27.39
$-22.69
·
$-1.09
$-1.21
$-2.27
·
$-2.35
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
$2M
$1M
·
$351.0K
$0
$0
·
$-126M
$-126M
$522.0K
·
·
·
·
·
$13M
Net Income TTM
$-22M
$-47M
·
$5M
$86M
$73M
·
$-25M
$-162M
$-83M
·
$-141M
$-153M
$-265M
·
$-231M
Market Cap
$78M
$85M
·
$169M
$97M
$122M
·
$3.22B
$2.20B
$2.34B
·
$6.12B
$12.27B
$14.36B
·
$15.97B
Enterprise Value
·
·
·
·
·
·
·
·
·
·
·
$5.95B
$12.04B
$14.25B
·
·
P/E
-3.2
-1.7
·
31.0
1.0
1.5
·
-1.2
-0.5
-0.7
·
-43.7
-79.2
-50.0
·
-54.6
P/S
41.2
74.2
·
480.4
·
·
·
-25.5
-17.4
4491.0
·
·
·
·
·
1194.4
P/B
2.2
3.2
·
3.9
3.0
2.4
·
134.6
-25.2
-39.2
·
-404.9
542.4
-299.9
·
236.4
P / Tangible Book
2.2
3.2
·
3.9
3.0
2.4
·
134.6
·
·
·
·
542.4
·
·
236.4
P / Cash Flow
·
-5.2
·
·
·
4.5
·
·
·
-66.5
·
·
·
-187.4
·
·
Earnings Yield
-31.1%
-58.5%
·
3.2%
101.8%
66.0%
·
-81.3%
-189.2%
-146.6%
·
-2.3%
-1.3%
-2.0%
·
-1.8%
Most recent period on the left · null values shown as ·
Financial Statements
Income statement, balance sheet, cash flow — annual, last 5 years
16
Metric
2025-12-31
2024-12-31
2023-12-31
2022-12-31
2021-12-31
Revenue
$789.0K
$0
$0
$7M
$145M
Operating Margin %
-11910.1%
·
-85.5%
-3458.1%
-44.5%
Net Income
$6M
$136.0K
$-114M
$-250M
$-66M
Diluted EPS
$0.64
$0.00
$-17.77
$-2.31
$-0.72
Metric
2025-12-31
2024-12-31
2023-12-31
2022-12-31
2021-12-31
Debt / Equity
·
·
0.0
0.0
·
Current Ratio
2.6
0.9
1.8
2.3
3.7
Quick Ratio
2.4
0.7
1.3
2.1
3.5
Metric
2025-12-31
2024-12-31
2023-12-31
2022-12-31
2021-12-31
Free Cash Flow
$865.0K
$-149M
$-125M
$-239M
$-3M
Institutional owners (13F)
41 filers
· $18.2M total
· As of June 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.
Holders41
Value held$18.2M
New positions8
Exited positions5
Institutional activity — Q2 2026 vs prior quarter
New positions
Exited positions
Increased
Decreased
Net shares change
8 (+2 vs prior Q)
5 (-2 vs prior Q)
7 (-3 vs prior Q)
14 (+3 vs prior Q)
-84K
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.
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.
Flagship VentureLabs IV, LLC (2), Flagship Ventures Fund IV, L.P. (2), Flagship Ventures Fund IV-Rx, L.P. (2), Flagship Ventures Fund IV General Partner LLC (2), Nutritional Health LTP Fund, L.P. (2), Nutritional Health LTP Fund General Partner LLC (2), Flagship Pioneering Fund VI, L.P. (2), Flagship Pioneering Fund VI General Partner LLC (2), Flagship Pioneering Fund VII, L.P. (2), Flagship Pioneering Fund VII General Partner LLC (2), Flagship Pioneering, Inc. (2), Noubar B. Afeyan, Ph.D. (2)
×3 filings
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
32 insiders
· 16 officers · 17 directors