your badges 52W Range $1–$4 33% of range Analyst Rating BUY 8 analysts Price Target $4 +96% upside P/E -4.2 ROE -34.9% Net Profit Margin ·

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

03
Price $1.96
Market Cap (MRQ) $249M
P/E -4.2
EPS $-0.47
ROE -34.9%
52W Range $1–$4

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

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

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EPS$-0.47
2020-12-31 → 2025-12-31
Free Cash Flow$-52M
2021-12-31 → 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 NAUT 5Y avg Peer Median Verdict
P/E -4.25Y avg ≈-5.1 ≈-5.1 · ·
P/B (MRQ) 1.95Y avg ≈1.3 ≈1.3 1.6 Fair value
Price / FCF (TTM) -4.85Y avg ≈-7.1 ≈-7.1 · ·
Price / Cash Flow (TTM) -5.05Y avg ≈-7.4 ≈-7.4 · ·
Price / Tangible Book 1.65Y avg ≈1.3 ≈1.3 · ·

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

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Avg Surprise 21.2%
Next Report Oct 26, 2026
PeriodReportEPS ActualEPS EstSurprise
June 30, 2026 Jul 29, 2026 $-0.11 $-0.14 20.1%
March 31, 2026 $-0.12 $-0.15 18.9%
Dec. 31, 2025 $-0.11 $-0.14 23.0%
Sept. 30, 2025 $-0.11 $-0.15 28.1%
June 30, 2025 $-0.12 $-0.16 24.1%
March 31, 2025 $-0.13 $-0.15 13.0%

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

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Income Statement 10
Metric Trend 202520242023202220212020
R&D Expense $41M$50M$47M$38M$29M$12M
SG&A Expense $26M$31M$29M$26M$21M$3M
Operating Expenses $67M$81M$76M$64M$50M$16M
Other Non-op $8M$11M$12M$6M$183.0K$125.0K
Income Tax $0$0$0$0$0$0
Net Income $-59M$-71M$-64M$-58M$-50M$-16M
EPS (Basic) $-0.47$-0.56$-0.51$-0.46$-0.60$-0.54
EPS (Diluted) $-0.47$-0.56$-0.51$-0.46$-0.60$-0.54
Shares (Basic) 126,256,583125,426,509124,919,144124,589,55584,464,08129,089,778
Shares (Diluted) 126,256,583125,426,509124,919,144124,589,55584,464,08129,089,778
Balance Sheet 20
Metric Trend 202520242023202220212020
Cash & Equivalents $12M$28M$19M$115M$186M$37M
Prepaid Expense $3M$3M$3M$3M$3M$917.0K
Current Assets $106M$133M$177M$187M$349M$78M
PP&E (Net) $3M$4M$4M$4M$2M$1M
PP&E (Gross) $12M$11M$9M$7M$4M$3M
Accum. Depreciation $8M$7M$5M$3M$2M$1M
Other Non-current Assets $1M$1M$1M$1M$997.0K$1M
Total Assets $191M$243M$306M$350M$398M$85M
Accounts Payable $943.0K$987.0K$2M$1M$2M$470.0K
Accrued Liabilities ·····$388.5K
Current Liabilities $8M$8M$9M$7M$6M$3M
Capital Leases $26M$26M$31M$28M$29M$3M
Total Liabilities $34M$34M$40M$35M$35M$6M
Common Stock $13.0K$13.0K$13.0K$12.0K$12.0K$1.0K
Paid-in Capital $489M$482M$468M$455M$444M$600.0K
Retained Earnings $-332M$-273M$-202M$-139M$-81M$-30M
AOCI $243.0K$57.0K$-255.0K$-2M$-184.0K$3.0K
Stockholders' Equity $157M$209M$265M$315M$364M$-30M
Liabilities + Equity $191M$243M$306M$350M$398M$85M
Shares Outstanding 126,469,610126,106,176125,068,601124,865,485124,303,08333,069,513
Cash Flow 7
Metric Trend 202520242023202220212020
Stock-based Comp $7M$13M$12M$10M$8M$369.0K
Operating Cash Flow $-51M$-59M$-52M$-46M$-39M$-14M
CapEx $1M$2M$2M$2M$2M$921.0K
Investing Cash Flow $35M$66M$-44M$-26M$-139M$-25M
Financing Cash Flow $214.0K$1M$368.0K$562.0K$327M$76M
Net Change in Cash $-15M$8M$-95M$-71M$149M$37M
Free Cash Flow $-52M$-61M$-54M$-48M$-42M·
Profitability 2
Metric Trend 202520242023202220212020
ROA -27.2%-25.8%-19.4%-15.5%-20.8%·
ROE -34.9%-32.8%-23.5%-18.1%-13.6%·
Liquidity & Solvency 2
Metric Trend 202520242023202220212020
Current Ratio 13.317.419.427.660.13.4
Quick Ratio 1.63.62.116.931.92.6
Per Share 4
Metric Trend 202520242023202220212020
Book Value / Share $1.24$1.66$2.12$2.52$2.92·
Cash Flow / Share $-0.40$-0.47$-0.41$-0.37$-0.46·
Cash / Share $0.10$0.22$0.16$0.92$1.49·
EPS (TTM) $-0.47$-0.56$-0.51$-0.46$-0.60$-0.54
Valuation (TTM) 8
Metric Trend 202520242023202220212020
Net Income TTM $-59M$-71M$-64M$-58M$-50M$-16M
Market Cap $247M$212M$374M$225M$644M·
P/E -4.1-3.0-5.9-3.9-8.6-20.1
P/B 1.61.01.40.71.8·
P / Tangible Book 1.61.01.40.71.8·
P / Cash Flow -4.9-3.6-7.2-4.9-16.4·
P / FCF -4.7-3.5-6.9-4.7-15.5·
Earnings Yield -24.1%-33.3%-17.1%-25.6%-11.6%-5.0%

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

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

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Metric 2025-12-312024-12-312023-12-312022-12-312021-12-31
Net Income $-59M $-71M $-64M $-58M $-50M
Diluted EPS $-0.47 $-0.56 $-0.51 $-0.46 $-0.60

Institutional owners (13F) 103 filers · $95.2M total · As of June 30, 2026

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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 103
Value held $95.2M
New positions 32
Exited positions 18
Institutional activity — Q2 2026 vs prior quarter
New positions Exited positions Increased Decreased Net shares change
32 (+4 vs prior Q) 18 (+11 vs prior Q) 29 (+13 vs prior Q) 12 (-2 vs prior Q) -4.2M

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
PERCEPTIVE ADVISORS LLC $21,755,974 11,634,211 22.85% Shares
a16z Capital Management, L.L.C. $16,947,911 9,063,054 17.80% Shares
Cercano Management LLC $13,413,482 7,172,985 14.09% Shares
VANGUARD GROUP INC $5,066,536 2,598,223 5.32% Shares
BlackRock, Inc. $5,025,113 2,687,226 5.28% Shares
VANGUARD CAPITAL MANAGEMENT LLC $4,768,461 2,549,979 5.01% Shares
Comprehensive Financial Management LLC $4,128,248 2,207,619 4.34% Shares
CITADEL ADVISORS LLC $3,545,879 1,896,192 3.72% Shares
GEODE CAPITAL MANAGEMENT, LLC $2,367,107 1,265,535 2.49% Shares
Clearstead Advisors, LLC $1,669,512 892,787 1.75% Shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP $1,666,074 890,949 1.75% Shares
BARCLAYS PLC $1,356,352 725,321 1.42% Shares
RENAISSANCE TECHNOLOGIES LLC $1,291,261 690,514 1.36% Shares
JPMORGAN CHASE & CO $1,099,377 614,177 1.15% Shares
STATE STREET CORP $1,046,280 559,508 1.10% Shares
DIMENSIONAL FUND ADVISORS LP $889,254 475,844 0.93% Shares
Clarius Group, LLC $746,131 866,586 0.78% Shares
NORTHERN TRUST CORP $712,908 381,234 0.75% Shares
VANGUARD FIDUCIARY TRUST CO $660,284 353,093 0.69% Shares
VANGUARD PORTFOLIO MANAGEMENT LLC $631,589 337,748 0.66% Shares
MARSHALL WACE, LLP $496,639 265,582 0.52% Shares
Qube Research & Technologies Ltd $481,237 257,346 0.51% Shares
GOLDMAN SACHS GROUP INC $472,644 252,751 0.50% Shares
HILLMAN CO $374,000 200,000 0.39% Shares
MILLENNIUM MANAGEMENT LLC $352,925 188,730 0.37% Shares
BRIDGEWAY CAPITAL MANAGEMENT, LLC $336,600 180,000 0.35% Shares
Corient Private Wealth LP $308,154 164,788 0.32% Shares
Crewe Advisors LLC $254,418 136,052 0.27% Shares
CHARLES SCHWAB INVESTMENT MANAGEMENT INC $231,289 123,684 0.24% Shares
Bank of New York Mellon Corp $229,206 122,570 0.24% Shares
MORGAN STANLEY $183,656 98,212 0.19% Shares
BANK OF AMERICA CORP /DE/ $144,098 77,058 0.15% Shares
Point72 Asset Management, L.P. $127,044 67,938 0.13% Shares
Palumbo Wealth Management LLC $123,854 66,232 0.13% Shares
Nuveen, LLC $123,798 66,202 0.13% Shares
Quadrature Capital Ltd $109,505 58,559 0.12% Shares
Y-Intercept (Hong Kong) Ltd $108,744 58,152 0.11% Shares
AMERICAN CENTURY COMPANIES INC $98,528 52,689 0.10% Shares
CITIZENS FINANCIAL GROUP INC/RI $93,500 50,000 0.10% Shares
HSBC HOLDINGS PLC $91,233 49,449 0.10% Shares
DEUTSCHE BANK AG\ $90,729 48,518 0.10% Shares
Caprock Group, LLC $88,058 47,090 0.09% Shares
Fayez Sarofim & Co $84,150 45,000 0.09% Shares
Ashton Thomas Private Wealth, LLC $84,150 45,000 0.09% Shares
WELLS FARGO & COMPANY/MN $79,041 42,268 0.08% Shares
SEI INVESTMENTS CO $72,262 38,643 0.08% Shares
RHUMBLINE ADVISERS $68,374 36,567 0.07% Shares
Invesco Ltd. $65,824 35,200 0.07% Shares
Presidio Capital Management, LLC $64,822 34,664 0.07% Shares
AXQ CAPITAL, LP $63,855 34,147 0.07% Shares

Show all 103 institutional owners →

Activists & 5%+ owners 6 positions

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
AH Bio Fund II, L.P., AH Equity Partners Bio II, L.L.C., AH Equity Partners LSV II, L.L.C., Andreessen Horowitz LSV Fund II, L.P., Benjamin A. Horowitz, Marc L. Andreessen ×4 filings Sept. 11, 2026 4.90% Amendment · SEC
Perceptive Advisors LLC, Joseph Edelman, Perceptive Life Sciences Master Fund, Ltd., C2 Life Sciences LLC ×6 filings Aug. 14, 2026 9.10% Amendment · SEC
Parag Mallick ×3 filings March 4, 2026 17.60% Amendment · SEC
Sujal Patel ×4 filings March 4, 2026 16.30% Amendment · SEC
McIlwain, Matthew S. Aug. 26, 2021 · Initial filing Passive investment SEC
AH Bio Fund II, L.P. (“AH Bio II”), AH Bio Fund II-B, L.P. (“AH Bio II-B”), AH Equity Partners Bio II, L.L.C. (“AH Equity Bio II”), Andreessen Horowitz LSV Fund II, L.P. (“AH LSV II”), Andreessen Horowitz LSV Fund II-B, L.P. (“AH LSV II-B”), Andreessen Horowitz LSV Fund II-Q, L.P. (“AH LSV II-Q”), AH Equity Partners LSV II, L.L.C. (“AH Equity LSV II”), Marc Andreessen (“Andreessen”), Benjamin Horowitz (“Horowitz”) June 30, 2021 · Initial filing · 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 18 insiders · 8 officers · 9 directors

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Insider Role Last activity Shares owned Buys 12m Sells 12m Net 12m
Adam Leo Stone Chief Executive Officer Aug. 11, 2020 J 499,000 0 0 $0
Anna Mowry CFO and Treasurer March 2, 2026 A 83,000 0 0 $0
Kentaro Suzuki Chief Marketing Officer March 2, 2026 A 4,000 1 0 $5,960
Matthew B. Murphy General Counsel March 2, 2026 A 74,140 0 0 $0
Parag Mallick Chief Scientist March 2, 2026 A 20,493,392 0 0 $0
Subramanian Sankar Senior VP, Product Development March 2, 2026 A 91,250 0 0 $0
Nicholas A. Nelson CBO & Senior VP, Bus. Dev. March 3, 2025 A · 0 0 $0
Mary E. Godwin Senior VP, Operations Sept. 23, 2024 M 0 0 0 $0
Melissa B, Epperly Director June 18, 2026 A · 0 0 $0
Karen Akinsanya Director June 18, 2026 A · 0 0 $0
Matthew L. Posard Director June 18, 2026 A 50,000 0 0 $0
Matthew S Mcilwain Director June 18, 2026 A 459,075 0 0 $0
Farzad Nazem Director June 18, 2026 A · 0 0 $0
Vijay Satyanand Pande Director June 14, 2024 A · 0 0 $0
Michael Seth Altman Director June 14, 2024 A 499,000 0 0 $0
ARYA Sciences Holdings III 10% owner Aug. 11, 2020 J 499,000 0 0 $0
Sujal Patel · March 4, 2026 P 10,366,721 1 0 $65,250
Gwen E Weld · March 2, 2026 A 30,000 0 0 $0

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
IWC · iShares Trust 0.01% 165,448 SH Sept. 11, 2026 Daily
VTWV · VANGUARD SCOTTSDALE FUNDS 0.01% 39,046 SH Aug. 19, 2026 Daily
OMFS · Invesco Exchange-Traded Self-Indexe… 0.00% 9,164 SH Oct. 1, 2026 Daily
RSSL · Global X Funds 0.00% 23,744 NS July 31, 2026 N-PORT
IWM · iShares Trust 0.00% 1,053,264 SH Sept. 11, 2026 Daily
IWO · iShares Trust 0.00% 67,080 SH Sept. 11, 2026 Daily
DFAS · Dimensional ETF Trust 0.00% 84,337 NS July 31, 2026 N-PORT
DCOR · Dimensional ETF Trust 0.00% 5,271 NS July 31, 2026 N-PORT
DFAC · Dimensional ETF Trust 0.00% 62,673 NS July 31, 2026 N-PORT
VXF · VANGUARD INDEX FUNDS 0.00% 543,262 SH Aug. 19, 2026 Daily
VTI · VANGUARD INDEX FUNDS 0.00% 1,930,610 SH Aug. 19, 2026 Daily
VTWO · VANGUARD SCOTTSDALE FUNDS 0.00% 287,515 SH Aug. 19, 2026 Daily
VTWG · VANGUARD SCOTTSDALE FUNDS 0.00% 4,846 SH Aug. 19, 2026 Daily
VTHR · VANGUARD SCOTTSDALE FUNDS 0.00% 6,341 SH Aug. 19, 2026 Daily
IWN · iShares Trust · 385,068 SH Sept. 11, 2026 Daily

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

21
rating · 8 analysts BUY
Median target $4.00 +104.1%
3 37.5% Strong Buy
4 50.0% Buy
1 12.5% Hold
0 0.0% Sell
0 0.0% Strong Sell

12-Month Price Target

3 analysts · 2026-10-03

Mean target $3.83 +95.6%

← Below all targets Current price $1.96
Low$3.50 Mean$3.83 High$4.00

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

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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
NAUT $247M -4.1 · · -34.9% ·
OABI · · · · · ·
TKNO $204M -11.9 7.3% -42.6% -23.8% 33.2%
QSI · · · · · ·
LAB $495M -6.4 -6.2% -87.8% -17.6% 49.9%
LFCR $249M -5.3 0.47% -30.0% -461.3% 31.3%
QTRX $297M -2.5 1.1% -77.1% -36.4% 46.8%
CDXS $147M -3.3 18.6% -62.5% -82.8% ·
SEER · -1.4 17.0% · · ·
MXCT $166M -3.7 -14.5% -135.1% -24.6% 81.2%
CSBR $83M -74.5 4.4% -2.0% -30.5% ·

My Metrics Your personal watchlist — selected rows from Full Fundamentals

26

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Source: SEC 10-Q filed Jul 28, 2026