RXST RxSight, Inc. - Common Stock
RXST Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range
RXST 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
RXST Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside
- Strong Buy 0 0.0%
- Buy 1 6.7%
- Hold 9 60.0%
- Sell 3 20.0%
- Strong Sell 2 13.3%
12-Month Price Target
8 analysts · 2026-08-19Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date
| Period | EPS Actual | EPS Est | Surprise |
|---|---|---|---|
| June 30, 2026 | $-0.29 | $-0.34 | 0.05% |
| March 31, 2026 | $-0.38 | $-0.29 | -0.09% |
| Dec. 31, 2025 | $-0.22 | $-0.34 | 0.12% |
| Sept. 30, 2025 | $-0.24 | $-0.39 | 0.15% |
| June 30, 2025 | $-0.29 | $-0.25 | -0.04% |
| March 31, 2025 | $-0.20 | $-0.22 | 0.02% |
Peer comparison (GICS sub-industry) Key metrics vs sector peers
| Ticker | Market Cap | P/E | Rev YoY | Net Margin | ROE | Gross Margin |
|---|---|---|---|---|---|---|
| RXST | $430M | -11.0 | -3.9% | -29.0% | -14.0% | 76.6% |
| KIDS | $446M | -10.5 | 15.4% | -16.8% | -11.3% | 73.0% |
| CERS | $396M | -25.8 | 16.1% | -6.7% | -26.0% | — |
| SMTI | $209M | -5.4 | 19.0% | -36.4% | -165.7% | 92.7% |
| EMBC | $825M | 8.7 | -3.8% | 8.8% | -13.8% | 62.6% |
| OSUR | $170M | -2.6 | -38.1% | -59.8% | -19.1% | 41.9% |
| UTMD | $178M | 16.1 | -5.8% | 29.3% | 9.5% | 57.1% |
| NSPR | $77M | -2.3 | 28.1% | -543.3% | -129.3% | 29.5% |
Full Fundamentals All metrics by year — income statement, balance sheet, cash flow
Income Statement 16
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| Revenue | $134M | $140M | $89M | $49M | $23M | $15M | |
| Cost of Revenue | $31M | $41M | $35M | $28M | $18M | $13M | |
| Gross Profit | $103M | $99M | $54M | $21M | $5M | $2M | |
| R&D Expense | $39M | $34M | $29M | $26M | $24M | $22M | |
| SG&A Expense | $113M | $101M | $75M | $59M | $33M | $15M | |
| Operating Expenses | $151M | $136M | $104M | $85M | $57M | $37M | |
| Operating Income | $-48M | $-37M | $-50M | $-63M | $-53M | $-35M | |
| Interest Expense | $19.0K | $21.0K | $3M | $5M | $4M | $510.0K | |
| Pretax Income | $-39M | $-27M | $-49M | $-67M | $-49M | $28M | |
| Income Tax | $66.0K | $50.0K | $20.0K | $9.0K | $8.0K | $57.0K | |
| Net Income | $-39M | $-27M | $-49M | $-67M | $-49M | $28M | |
| EPS (Basic) | $-0.95 | $-0.71 | $-1.41 | $-2.41 | $-3.57 | $0.91 | |
| EPS (Diluted) | $-0.95 | $-0.71 | $-1.41 | $-2.41 | $-3.57 | $0.15 | |
| Shares (Basic) | 40,850,739 | 38,867,726 | 34,455,111 | 27,661,982 | 13,625,044 | 3,707,207 | |
| Shares (Diluted) | 40,850,739 | 38,867,726 | 34,455,111 | 27,661,982 | 13,625,044 | 5,532,305 | |
| EBITDA | $-45M | $-33M | $-46M | $-59M | · | · |
Balance Sheet 24
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $20M | $17M | $10M | $12M | $24M | $14M | |
| Short-term Investments | $208M | $221M | $117M | $94M | $135M | $55M | |
| Receivables | $23M | $30M | $20M | $11M | $5M | $3M | |
| Inventory | $32M | $22M | $17M | $15M | $8M | $8M | |
| Prepaid Expense | $4M | $5M | $4M | $3M | $4M | $1M | |
| Current Assets | $287M | $294M | $168M | $135M | $176M | $82M | |
| PP&E (Net) | $13M | $12M | $11M | $10M | $11M | $13M | |
| PP&E (Gross) | $40M | $38M | $34M | $30M | $28M | $26M | |
| Accum. Depreciation | $27M | $25M | $23M | $20M | $16M | $12M | |
| Other Non-current Assets | $590.0K | $360.0K | $147.0K | $767.0K | $114.0K | $110.0K | |
| Total Assets | $312M | $319M | $183M | $150M | $193M | $101M | |
| Accounts Payable | $5M | $5M | $4M | $3M | $2M | $1M | |
| Accrued Liabilities | $20M | $20M | $15M | $13M | $8M | $4M | |
| Current Liabilities | $26M | $26M | $21M | $17M | $11M | $12M | |
| Capital Leases | $10M | $11M | $1M | $3M | $4M | $5M | |
| Total Liabilities | $36M | $37M | $22M | $60M | $54M | $45M | |
| Long-term Debt | · | · | $0 | $40M | $40M | $24M | |
| Common Stock | $41.0K | $40.0K | $36.0K | $28.0K | $27.0K | $0 | |
| Paid-in Capital | $937M | $903M | $755M | $636M | $618M | $0 | |
| Retained Earnings | $-661M | $-622M | $-595M | $-546M | $-479M | $-431M | |
| AOCI | $53.0K | $166.0K | $-5.0K | $-95.0K | $-20.0K | $-3.0K | |
| Stockholders' Equity | $276M | $281M | $160M | $90M | $138M | $-431M | |
| Liabilities + Equity | $312M | $319M | $183M | $150M | $193M | $101M | |
| Shares Outstanding | 41,242,005 | 40,428,220 | 36,139,513 | 28,268,389 | 27,366,746 | 1 |
Cash Flow 14
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| D&A | $3M | $4M | $4M | $4M | $4M | $4M | |
| Stock-based Comp | $32M | $25M | $16M | $11M | $8M | $4M | |
| Deferred Tax | $7M | $19M | $13M | $15M | $-13M | $-10M | |
| Other Non-cash | $-18M | $-37M | $-16.0K | $8M | · | · | |
| Operating Cash Flow | $-16M | $-17M | $-42M | $-59M | $-45M | $-35M | |
| CapEx | $4M | $5M | $5M | $2M | $2M | $3M | |
| Investing Cash Flow | $17M | $-99M | $-22M | $40M | $-82M | $16M | |
| Stock Issued | $4M | $21M | $9M | $2M | $12M | · | |
| Net Stock Activity | $4M | $21M | $9M | · | · | · | |
| Financing Cash Flow | $2M | $123M | $62M | $6M | $137M | $25M | |
| Net Change in Cash | $3M | $7M | $-2M | $-13M | $11M | $6M | |
| Taxes Paid | $58.0K | $24.0K | $8.0K | $3.0K | $20.0K | $61.0K | |
| Free Cash Flow | $-19M | $-22M | $-46M | $-61M | · | · | |
| Levered FCF | $-19M | $-22M | $-50M | $-66M | · | · |
Profitability 8
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| Gross Margin | 76.6% | 70.7% | 60.4% | 43.5% | · | · | |
| Operating Margin | -35.8% | -26.3% | -56.2% | -129.2% | · | · | |
| Net Margin | -29.0% | -19.6% | -54.6% | -136.2% | · | · | |
| Pretax Margin | -28.9% | -19.6% | -54.5% | -136.2% | · | · | |
| EBITDA Margin | -33.4% | -23.8% | -51.6% | -121.3% | · | · | |
| ROA | -12.4% | -11.0% | -29.2% | -38.9% | · | · | |
| ROE | -14.0% | -12.4% | -38.9% | -58.5% | · | · | |
| ROIC | -17.5% | -13.1% | -31.2% | -70.4% | · | · |
Liquidity & Solvency 3
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| Current Ratio | 10.9 | 11.4 | 8.1 | 7.8 | · | · | |
| Quick Ratio | 9.6 | 10.3 | 7.1 | 6.8 | · | · | |
| Interest Coverage | -2536.4 | -1755.1 | -15.1 | -12.8 | · | · |
Efficiency 3
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| Asset Turnover | 0.4 | 0.6 | 0.5 | 0.3 | · | · | |
| Inventory Turnover | 1.2 | 2.1 | 2.2 | 2.4 | · | · | |
| Receivables Turnover | 5.0 | 5.6 | 5.7 | 6.2 | · | · |
Growth Rates 3
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| Revenue YoY | -3.9% | 57.1% | 81.8% | 116.9% | 53.9% | · | |
| Revenue CAGR 3Y | 40.0% | 83.6% | 82.4% | · | · | · | |
| Revenue CAGR 5Y | 55.7% | · | · | · | · | · |
Valuation (TTM) 10
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| Revenue TTM | $134M | $140M | $89M | $49M | $23M | · | |
| Net Income TTM | $-39M | $-27M | $-49M | $-67M | $-49M | · | |
| Market Cap | $430M | $1.39B | $1.46B | $358M | · | · | |
| P/E | -11.0 | -48.4 | -28.6 | -5.3 | -3.2 | · | |
| P/S | 3.2 | 9.9 | 16.4 | 7.3 | · | · | |
| P/B | 1.6 | 4.9 | 9.1 | 4.0 | · | · | |
| P / Tangible Book | 1.6 | 4.9 | 9.1 | 4.0 | 2.2 | · | |
| P / Cash Flow | -27.7 | -82.0 | -35.0 | -6.1 | · | · | |
| P / FCF | -22.2 | -62.1 | -31.4 | -5.8 | · | · | |
| Earnings Yield | -9.1% | -2.1% | -3.5% | -19.0% | -31.7% | · |
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 | $34M | $31M | $33M | $30M | $34M | $38M | $40M | $35M | $35M | $30M | $29M | $22M | $21M | $17M | $16M | $13M | |
| Cost of Revenue | $8M | $7M | $7M | $6M | $8M | $10M | $11M | $10M | $11M | $9M | $11M | $8M | $9M | $7M | $9M | $7M | |
| Gross Profit | · | $23M | $25M | $24M | $25M | $28M | $29M | $25M | $24M | $21M | $18M | $14M | $12M | $10M | $7M | $5M | |
| R&D Expense | $9M | $9M | $9M | $9M | $10M | $10M | $9M | $9M | $8M | $8M | $7M | $7M | $7M | $7M | $7M | $6M | |
| SG&A Expense | $30M | $32M | $28M | $27M | $29M | $29M | $28M | $26M | $24M | $23M | $21M | $19M | $18M | $16M | $16M | $15M | |
| Operating Expenses | $48M | $41M | $37M | $36M | $48M | $39M | $37M | $34M | $33M | $31M | $29M | $26M | $26M | $23M | $22M | $21M | |
| Operating Income | $-14M | $-18M | $-11M | $-12M | $-14M | $-11M | $-9M | $-9M | $-8M | $-11M | $-11M | $-13M | $-14M | $-13M | $-15M | $-16M | |
| Interest Expense | $3.0K | $3.0K | $4.0K | $4.0K | $5.0K | $6.0K | $4.0K | $5.0K | $6.0K | $6.0K | $3.0K | $230.0K | $2M | $2M | $1M | $1M | |
| Pretax Income | $-12M | $-16M | $-9M | $-10M | $-12M | $-8M | $-6M | $-6M | $-6M | $-9M | $-9M | $-12M | $-14M | $-13M | $-16M | $-17M | |
| Income Tax | $88.0K | $6.0K | $6.0K | $10.0K | $32.0K | $18.0K | $12.0K | $13.0K | $16.0K | $9.0K | $-18.0K | $12.0K | $26.0K | $0 | $5.0K | $0 | |
| Net Income | $-12M | $-16M | $-9M | $-10M | $-12M | $-8M | $-6M | $-6M | $-6M | $-9M | $-9M | $-12M | $-14M | $-13M | $-16M | $-17M | |
| EPS (Basic) | $-0.29 | $-0.38 | $-0.22 | $-0.24 | $-0.29 | $-0.20 | $-0.14 | $-0.16 | $-0.16 | $-0.25 | $-0.24 | $-0.35 | $-0.40 | $-0.42 | $-0.55 | $-0.61 | |
| EPS (Diluted) | $-0.29 | $-0.38 | $-0.22 | $-0.24 | $-0.29 | $-0.20 | $-0.14 | $-0.16 | $-0.16 | $-0.25 | $-0.24 | $-0.35 | $-0.40 | $-0.42 | $-0.55 | $-0.61 | |
| Shares (Basic) | 41,490,889 | 41,306,110 | -81,367,912 | 40,965,219 | 40,743,786 | 40,509,646 | -76,219,937 | 39,788,621 | 38,455,955 | 36,843,087 | -67,342,648 | 35,662,397 | 34,498,265 | 31,637,097 | -54,989,378 | 27,665,842 | |
| Shares (Diluted) | 41,490,889 | 41,306,110 | -81,367,912 | 40,965,219 | 40,743,786 | 40,509,646 | -76,219,937 | 39,788,621 | 38,455,955 | 36,843,087 | -67,342,648 | 35,662,397 | 34,498,265 | 31,637,097 | -54,989,378 | 27,665,842 | |
| EBITDA | $-14M | $-17M | · | $-12M | $-14M | $-10M | · | $-9M | $-8M | $-10M | · | $-13M | $-14M | $-12M | · | $-16M |
Balance Sheet 24
| 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 | $13M | $18M | $20M | $30M | $40M | $28M | $17M | $17M | $24M | $33M | · | $10M | $9M | $11M | · | $9M | |
| Short-term Investments | $195M | $200M | $208M | $198M | $187M | $201M | $221M | $220M | $209M | $93M | · | $122M | $138M | $143M | · | $104M | |
| Receivables | $19M | $22M | $23M | $24M | $28M | $31M | $30M | $25M | $26M | $22M | · | $15M | $13M | $13M | · | $9M | |
| Inventory | $37M | $35M | $32M | $29M | $25M | $24M | $22M | $22M | $19M | $19M | · | $19M | $18M | $18M | · | $15M | |
| Prepaid Expense | $3M | $4M | $4M | $3M | $3M | $5M | $5M | $3M | $3M | $3M | · | $2M | $2M | $3M | · | $2M | |
| Current Assets | $327M | $279M | $287M | $284M | $284M | $288M | $294M | $287M | $281M | $169M | · | $168M | $180M | $188M | · | $139M | |
| PP&E (Net) | $14M | $13M | $13M | $13M | $13M | $13M | $12M | $12M | $12M | $12M | · | $10M | $11M | $10M | · | $11M | |
| PP&E (Gross) | · | · | $40M | · | · | · | $38M | · | · | · | · | · | · | · | · | · | |
| Accum. Depreciation | · | · | $27M | · | · | · | $25M | · | · | · | · | · | · | · | · | · | |
| Other Non-current Assets | $1M | $1M | $590.0K | $536.0K | $542.0K | $401.0K | $360.0K | $213.0K | $303.0K | $226.0K | · | $137.0K | $348.0K | $746.0K | · | $782.0K | |
| Total Assets | $353M | $304M | $312M | $309M | $309M | $313M | $319M | $310M | $305M | $183M | · | $182M | $195M | $203M | · | $156M | |
| Accounts Payable | $6M | $7M | $5M | $3M | $3M | $7M | $5M | $5M | $5M | $5M | · | $4M | $4M | $4M | · | $4M | |
| Accrued Liabilities | · | · | $20M | · | · | · | $20M | · | · | · | · | · | · | · | · | · | |
| Current Liabilities | $80M | $27M | $26M | $22M | $20M | $23M | $26M | $23M | $20M | $18M | · | $19M | $17M | $15M | · | $16M | |
| Capital Leases | $9M | $9M | $10M | $10M | $11M | $11M | $11M | $10M | $11M | $788.0K | · | $1M | $2M | $2M | · | $3M | |
| Total Liabilities | $89M | $37M | $36M | $33M | $31M | $34M | $37M | $33M | $30M | $19M | · | $20M | $38M | $58M | · | $60M | |
| Long-term Debt | · | · | · | · | · | · | · | · | · | · | · | $0 | $20M | $40M | · | $40M | |
| Common Stock | $41.0K | $41.0K | $41.0K | $41.0K | $41.0K | $41.0K | $40.0K | $40.0K | $40.0K | $37.0K | · | $36.0K | $35.0K | $34.0K | · | $28.0K | |
| Paid-in Capital | $952M | $944M | $937M | $928M | $920M | $910M | $903M | $893M | $885M | $768M | · | $747M | $730M | $704M | · | $626M | |
| Retained Earnings | $-689M | $-677M | $-661M | $-652M | $-642M | $-630M | $-622M | $-616M | $-610M | $-604M | · | $-585M | $-573M | $-559M | · | $-530M | |
| AOCI | $-59.0K | $-67.0K | $53.0K | $60.0K | $-117.0K | $15.0K | $166.0K | $521.0K | $-118.0K | $-53.0K | · | $-60.0K | $-73.0K | $-9.0K | · | $-138.0K | |
| Stockholders' Equity | $263M | $267M | $276M | $276M | $278M | $279M | $281M | $277M | $275M | $164M | · | $161M | $157M | $145M | · | $96M | |
| Liabilities + Equity | $353M | $304M | $312M | $309M | $309M | $313M | $319M | $310M | $305M | $183M | · | $182M | $195M | $203M | · | $156M | |
| Shares Outstanding | 41,585,381 | 41,384,120 | 41,242,005 | 41,081,550 | 40,913,380 | 40,588,540 | 40,428,220 | 40,254,105 | 39,617,334 | 37,161,753 | 36,139,513 | 35,847,685 | 35,168,041 | 33,966,697 | 28,268,389 | 27,719,132 |
Cash Flow 13
| 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 | $999.0K | $834.0K | $851.0K | $854.0K | $785.0K | $776.0K | $515.0K | $1M | $812.0K | $1M | $1M | $1M | $989.0K | $955.0K | $918.0K | $941.0K | |
| Stock-based Comp | $7M | $8M | $8M | $8M | $9M | $7M | $7M | $7M | $6M | $5M | $4M | $4M | $4M | $3M | $3M | $3M | |
| Other Non-cash | · | $-4M | · | · | · | $-9M | · | · | · | $-6M | · | · | · | $-9M | · | · | |
| Operating Cash Flow | $-10M | $-11M | $-1M | $-1M | $-4M | $-9M | $-4M | $650.0K | $-4M | $-9M | $-8M | $-8M | $-8M | $-18M | $-14M | $-15M | |
| CapEx | $2M | $759.0K | $1M | $581.0K | $2M | $575.0K | $847.0K | $1M | $2M | $2M | $2M | $653.0K | $2M | $747.0K | $362.0K | $580.0K | |
| Investing Cash Flow | $5M | $9M | $-10M | $-9M | $15M | $21M | $1M | $-9M | $-116M | $24M | $5M | $17M | $4M | $-48M | $10M | $560.0K | |
| Stock Issued | $669.0K | $144.0K | $1M | $131.0K | $2M | $696.0K | $3M | $4M | $4M | $10M | $4M | $2M | $3M | $761.0K | $589.0K | $145.0K | |
| Net Stock Activity | · | $144.0K | · | · | · | $696.0K | · | · | · | $10M | · | · | · | · | · | · | |
| Financing Cash Flow | $662.0K | $-336.0K | $1M | $-530.0K | $2M | $-735.0K | $3M | $878.0K | $111M | $8M | $4M | $-8M | $891.0K | $65M | $6M | $-455.0K | |
| Net Change in Cash | $-4M | $-2M | $-10M | $-11M | $12M | $11M | $24.0K | $-8M | $-8M | $23M | $-166.0K | $1M | $-2M | $-822.0K | $3M | $-15M | |
| Taxes Paid | $144.0K | $0 | $-12.0K | $0 | $67.0K | $3.0K | $-2.0K | $2.0K | $24.0K | $0 | $-4.0K | $0 | $12.0K | $0 | $0 | $0 | |
| Free Cash Flow | · | $-12M | · | · | · | $-9M | · | · | · | $-11M | · | · | · | $-19M | · | · | |
| Levered FCF | · | $-12M | · | · | · | $-9M | · | · | · | $-11M | · | · | · | $-20M | · | · |
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 | · | 76.1% | · | 79.8% | 74.9% | 74.8% | · | 71.4% | 69.5% | 70.1% | · | 61.9% | 57.7% | 59.3% | · | 42.5% | |
| Operating Margin | -40.8% | -57.7% | · | -40.1% | -41.6% | -28.2% | · | -26.1% | -23.9% | -36.1% | · | -56.4% | -65.5% | -74.9% | · | -126.5% | |
| Net Margin | -35.9% | -51.4% | · | -32.4% | -35.0% | -21.6% | · | -17.9% | -17.4% | -30.8% | · | -55.9% | -66.3% | -75.5% | · | -133.3% | |
| Pretax Margin | -35.6% | -51.4% | · | -32.3% | -34.9% | -21.6% | · | -17.9% | -17.4% | -30.8% | · | -55.9% | -66.2% | -75.5% | · | -133.3% | |
| EBITDA Margin | -40.8% | -55.0% | · | -40.1% | -41.6% | -26.1% | · | -26.1% | -23.9% | -32.4% | · | -56.4% | -65.5% | -69.4% | · | -126.5% | |
| ROA | -3.7% | -5.1% | · | -3.2% | -3.8% | -3.3% | · | -2.6% | -2.4% | -4.7% | · | -7.4% | -7.6% | -7.0% | · | -9.4% | |
| ROE | -4.5% | -5.8% | · | -3.5% | -4.3% | -3.7% | · | -2.9% | -2.8% | -5.9% | · | -9.7% | -10.3% | -9.8% | · | -13.6% | |
| ROIC | -5.3% | -6.7% | · | -4.4% | -5.1% | -3.8% | · | -3.3% | -3.0% | -6.5% | · | -7.8% | -8.7% | -9.0% | · | -16.6% |
Liquidity & Solvency 3
| 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 | 4.1 | 10.2 | · | 12.7 | 13.9 | 12.7 | · | 12.7 | 14.3 | 9.2 | · | 8.9 | 10.9 | 12.6 | · | 8.5 | |
| Quick Ratio | 2.8 | 8.8 | · | 11.3 | 12.5 | 11.4 | · | 11.6 | 13.2 | 8.0 | · | 7.8 | 9.7 | 11.2 | · | 7.4 | |
| Interest Coverage | -4590.0 | -5943.0 | · | -3044.5 | -2800.6 | -1779.0 | · | -1845.2 | -1388.8 | -1778.3 | · | -54.4 | -8.7 | -8.7 | · | -12.3 |
Efficiency 3
| 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 | 0.2 | · | 0.1 | 0.1 | 0.2 | · | 0.1 | 0.1 | 0.1 | · | 0.1 | |
| Inventory Turnover | 0.3 | 0.3 | · | 0.2 | 0.4 | 0.5 | · | 0.5 | 0.6 | 0.5 | · | 0.5 | 0.6 | 0.5 | · | 0.6 | |
| Receivables Turnover | 1.4 | 1.2 | · | 1.2 | 1.3 | 1.4 | · | 1.7 | 1.8 | 1.7 | · | 1.8 | 2.1 | 1.9 | · | 1.9 |
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 | $129M | $133M | · | $137M | $142M | $138M | · | $122M | $107M | $90M | · | $73M | $62M | $50M | · | $39M | |
| Net Income TTM | $-50M | $-46M | · | $-36M | $-32M | $-30M | · | $-34M | $-41M | $-49M | · | $-56M | $-61M | $-64M | · | $-64M | |
| Market Cap | $200M | $255M | · | $369M | $532M | $1.02B | · | $1.99B | $2.38B | $1.92B | · | $1000M | $1.01B | $567M | · | $333M | |
| P/E | -4.0 | -5.5 | · | -10.1 | -16.0 | -32.8 | · | -53.7 | -51.9 | -36.3 | · | -15.7 | -14.1 | -7.3 | · | -4.7 | |
| P/S | 1.6 | 1.9 | · | 2.7 | 3.8 | 7.4 | · | 16.3 | 22.2 | 21.3 | · | 13.7 | 16.3 | 11.2 | · | 8.6 | |
| P/B | 0.8 | 1.0 | · | 1.3 | 1.9 | 3.7 | · | 7.2 | 8.7 | 11.7 | · | 6.2 | 6.4 | 3.9 | · | 3.5 | |
| P / Tangible Book | 0.8 | 1.0 | · | 1.3 | 1.9 | 3.7 | · | 7.2 | 8.7 | 11.7 | · | 6.2 | 6.4 | 3.9 | · | 3.5 | |
| P / Cash Flow | · | -23.4 | · | · | · | -116.0 | · | · | · | -205.9 | · | · | · | -31.9 | · | · | |
| P / FCF | · | -21.9 | · | · | · | -108.9 | · | · | · | -170.0 | · | · | · | -30.6 | · | · | |
| Earnings Yield | -24.9% | -18.0% | · | -9.9% | -6.2% | -3.0% | · | -1.9% | -1.9% | -2.8% | · | -6.4% | -7.1% | -13.7% | · | -21.2% |
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 | $134M | $140M | $89M | $49M | $23M |
| Gross Margin % | 76.6% | 70.7% | 60.4% | 43.5% | — |
| Operating Margin % | -35.8% | -26.3% | -56.2% | -129.2% | — |
| Net Income | $-39M | $-27M | $-49M | $-67M | $-49M |
| Diluted EPS | $-0.95 | $-0.71 | $-1.41 | $-2.41 | $-3.57 |
Balance Sheet
| 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | |
|---|---|---|---|---|---|
| Current Ratio | 10.9 | 11.4 | 8.1 | 7.8 | — |
| Quick Ratio | 9.6 | 10.3 | 7.1 | 6.8 | — |
Cash Flow
| 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | |
|---|---|---|---|---|---|
| Free Cash Flow | $-19M | $-22M | $-46M | $-61M | — |
My Metrics Your personal watchlist — selected rows from Full Fundamentals
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.
Institutional owners (13F) 166 filers · $152.6M 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 |
|---|---|---|---|---|
| 31 (-4 vs prior Q) | 36 (+7 vs prior Q) | 73 (+12 vs prior Q) | 26 (-26 vs prior Q) | +1.7M |
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 |
|---|---|---|---|---|
| MILLENNIUM MANAGEMENT LLC | $14,605,983 | 3,030,287 | 9.57% | Shares |
| No Street GP LP | $9,905,100 | 2,055,000 | 6.49% | Shares |
| NOMURA HOLDINGS INC | $9,640,289 | 2,000,060 | 6.32% | Shares |
| D. E. Shaw & Co., Inc. | $8,381,537 | 1,738,908 | 5.49% | Shares |
| VANGUARD CAPITAL MANAGEMENT LLC | $8,076,305 | 1,675,582 | 5.29% | Shares |
| TWO SIGMA ADVISERS, LP | $7,628,482 | 732,100 | 5.00% | Shares |
| FEDERATED HERMES, INC. | $5,789,760 | 1,201,195 | 3.79% | Shares |
| TWO SIGMA INVESTMENTS, LP | $5,528,771 | 1,147,048 | 3.62% | Shares |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND | $5,453,348 | 1,131,400 | 3.57% | Shares |
| JACOBS LEVY EQUITY MANAGEMENT, INC | $4,813,103 | 998,569 | 3.15% | Shares |
| STATE STREET CORP | $4,104,288 | 851,512 | 2.69% | Shares |
| GEODE CAPITAL MANAGEMENT, LLC | $4,072,568 | 844,671 | 2.67% | Shares |
| Point72 Asset Management, L.P. | $3,751,175 | 778,252 | 2.46% | Shares |
| Grandeur Peak Global Advisors, LLC | $3,482,161 | 722,440 | 2.28% | Shares |
| Schonfeld Strategic Advisors LLC | $3,380,828 | 701,417 | 2.21% | Shares |
| Trexquant Investment LP | $2,930,247 | 607,935 | 1.92% | Shares |
| BlackRock, Inc. | $2,925,836 | 607,020 | 1.92% | Shares |
| DEUTSCHE BANK AG\ | $2,603,803 | 540,208 | 1.71% | Shares |
| VANGUARD GROUP INC | $2,553,890 | 245,095 | 1.67% | Shares |
| NORGES BANK | $2,410,000 | 500,000 | 1.58% | Shares |
| Qube Research & Technologies Ltd | $2,369,271 | 491,550 | 1.55% | Shares |
| GOLDMAN SACHS GROUP INC | $2,250,786 | 466,968 | 1.47% | Shares |
| BANK OF AMERICA CORP /DE/ | $2,021,209 | 419,338 | 1.32% | Shares |
| ALGERT GLOBAL LLC | $1,990,752 | 413,019 | 1.30% | Shares |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $1,854,885 | 384,831 | 1.22% | Shares |
| Walleye Capital LLC | $1,725,734 | 358,036 | 1.13% | Shares |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | $1,507,609 | 312,782 | 0.99% | Shares |
| Vitruvian Partners LLP | $1,344,129 | 278,865 | 0.88% | Shares |
| Cubist Systematic Strategies, LLC | $1,316,190 | 146,406 | 0.86% | Shares |
| TOCQUEVILLE ASSET MANAGEMENT L.P. | $1,277,300 | 265,000 | 0.84% | Shares |
| Jump Financial, LLC | $1,184,756 | 245,800 | 0.78% | Shares |
| VANGUARD FIDUCIARY TRUST CO | $1,169,626 | 242,661 | 0.77% | Shares |
| BROWN CAPITAL MANAGEMENT LLC | $1,042,566 | 216,300 | 0.68% | Shares |
| CITADEL ADVISORS LLC | $999,890 | 207,446 | 0.66% | Shares |
| Y-Intercept (Hong Kong) Ltd | $886,600 | 183,942 | 0.58% | Shares |
| CANADA PENSION PLAN INVESTMENT BOARD | $873,866 | 181,300 | 0.57% | Shares |
| BNP PARIBAS FINANCIAL MARKETS | $810,107 | 168,072 | 0.53% | Shares |
| Nebula Research & Development LLC | $780,624 | 60,048 | 0.51% | Shares |
| Carnegie Lake Advisors LLC | $745,871 | 154,745 | 0.49% | Shares |
| MOORE CAPITAL MANAGEMENT, LP | $730,230 | 151,500 | 0.48% | Shares |
| IEQ CAPITAL, LLC | $701,686 | 145,578 | 0.46% | Shares |
| RENAISSANCE TECHNOLOGIES LLC | $678,140 | 140,693 | 0.44% | Shares |
| TUDOR INVESTMENT CORP ET AL | $634,968 | 131,736 | 0.42% | Shares |
| MARSHALL WACE, LLP | $538,429 | 111,707 | 0.35% | Shares |
| Balyasny Asset Management L.P. | $464,118 | 96,290 | 0.30% | Shares |
| HSBC HOLDINGS PLC | $444,944 | 92,312 | 0.29% | Shares |
| Corient Private Wealth LP | $413,741 | 85,838 | 0.27% | Shares |
| Mariner, LLC | $409,101 | 84,866 | 0.27% | Shares |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | $397,382 | 64,510 | 0.26% | Shares |
| XTX Topco Ltd | $389,943 | 80,901 | 0.26% | Shares |
| AlphaQuest LLC | $372,275 | 35,727 | 0.24% | Shares |
| ALLIANCEBERNSTEIN L.P. | $348,656 | 56,600 | 0.23% | Shares |
| Jain Global LLC | $340,225 | 70,586 | 0.22% | Shares |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC | $327,278 | 67,900 | 0.21% | Shares |
| AMERIPRISE FINANCIAL INC | $313,411 | 65,023 | 0.21% | Shares |
| TITLEIST ASSET MANAGEMENT, LLC | $295,774 | 61,364 | 0.19% | Shares |
| DIMENSIONAL FUND ADVISORS LP | $285,792 | 59,293 | 0.19% | Shares |
| Dynamic Technology Lab Private Ltd | $263,000 | 54,554 | 0.17% | Shares |
| PRELUDE CAPITAL MANAGEMENT, LLC | $248,712 | 51,600 | 0.16% | Shares |
| Grant/GrossMendelsohn, LLC | $241,958 | 16,618 | 0.16% | Shares |
| ADAR1 Capital Management, LLC | $241,000 | 50,000 | 0.16% | Shares |
| RHUMBLINE ADVISERS | $236,228 | 49,012 | 0.15% | Shares |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC | $210,558 | 42,537 | 0.14% | Shares |
| Quadrature Capital Ltd | $207,467 | 43,043 | 0.14% | Shares |
| Bank of New York Mellon Corp | $207,246 | 42,997 | 0.14% | Shares |
| MERCER GLOBAL ADVISORS INC /ADV | $204,450 | 42,417 | 0.13% | Shares |
| Quantinno Capital Management LP | $194,979 | 40,452 | 0.13% | Shares |
| Quantbot Technologies LP | $190,819 | 39,589 | 0.13% | Shares |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO | $165,326 | 34,300 | 0.11% | Shares |
| CWM, LLC | $158,213 | 25,684 | 0.10% | Shares |
| Graham Capital Management, L.P. | $154,544 | 32,063 | 0.10% | Shares |
| LAKE STREET PRIVATE WEALTH, LLC | $147,082 | 30,515 | 0.10% | Shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $145,747 | 30,238 | 0.10% | Shares |
| CITADEL ADVISORS LLC | $145,564 | 30,200 | 0.10% | Put option |
| AMERICAN CENTURY COMPANIES INC | $142,749 | 29,616 | 0.09% | Shares |
| Arax Advisory Partners | $142,485 | 29,561 | 0.09% | Shares |
| Centiva Capital, LP | $133,466 | 27,690 | 0.09% | Shares |
| Susquehanna Portfolio Strategies, LLC | $108,440 | 22,498 | 0.07% | Shares |
| MetLife Investment Management, LLC | $105,303 | 21,847 | 0.07% | Shares |
| FMR LLC | $100,343 | 20,818 | 0.07% | Shares |
| BARCLAYS PLC | $99,470 | 20,637 | 0.07% | Shares |
| R Squared Ltd | $97,499 | 20,228 | 0.06% | Shares |
| Caprock Group, LLC | $90,630 | 18,803 | 0.06% | Shares |
| Squarepoint Ops LLC | $90,462 | 18,768 | 0.06% | Shares |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | $88,461 | 18,353 | 0.06% | Shares |
| Brevan Howard Capital Management LP | $87,734 | 18,202 | 0.06% | Shares |
| CAPTRUST FINANCIAL ADVISORS | $86,182 | 17,880 | 0.06% | Shares |
| CITIGROUP INC | $77,592 | 16,098 | 0.05% | Shares |
| Nuveen Asset Management, LLC | $77,046 | 2,241 | 0.05% | Shares |
| Vanguard Global Advisers, LLC | $73,640 | 15,278 | 0.05% | Shares |
| Invesco Ltd. | $66,323 | 13,760 | 0.04% | Shares |
| SILVERCREST ASSET MANAGEMENT GROUP LLC | $66,212 | 13,737 | 0.04% | Shares |
| OSAIC HOLDINGS, INC. | $64,714 | 13,427 | 0.04% | Shares |
| Point72 Asia (Singapore) Pte. Ltd. | $63,991 | 7,118 | 0.04% | Shares |
| Focus Partners Wealth | $63,590 | 13,193 | 0.04% | Shares |
| Aigen Investment Management, LP | $61,927 | 12,848 | 0.04% | Shares |
| Vanguard Personalized Indexing Management, LLC | $60,173 | 12,484 | 0.04% | Shares |
| OCCUDO QUANTITATIVE STRATEGIES LP | $58,520 | 12,141 | 0.04% | Shares |
| BRIGHTON JONES LLC | $58,086 | 12,051 | 0.04% | Shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $56,394 | 11,700 | 0.04% | Put option |
Company insiders 20 insiders · 7 officers · 14 directors
| Insider | Role | Last activity | Shares owned | Buys 12m | Sells 12m | Net 12m |
|---|---|---|---|---|---|---|
| Aziz Mottiwala | President and CEO | July 24, 2026 A | — | 0 | 0 | $0 |
| Ronald M Kurtz MD | President & CEO | Feb. 27, 2026 A | 63,450 | 0 | 0 | $0 |
| Mark Wilterding | Chief Financial Officer | Feb. 28, 2026 M | 12,373 | 0 | 0 | $0 |
| Shelley B Thunen | Co-President and Chief Financial Officer | April 14, 2025 M | 38,354 | 0 | 0 | $0 |
| Ilya Goldshleger | Chief Operating Officer | April 17, 2026 M | 78,180 | 0 | 0 | $0 |
| Scott Gaines | Chief Customer Officer | Feb. 28, 2026 M | 14,848 | 0 | 0 | $0 |
| Eric Weinberg | Exhibit 24 - Power of Attorney Chief Business Development Officer | Feb. 27, 2026 A | 195,351 | 0 | 0 | $0 |
| Tamara Fountain | Director | June 17, 2026 A | 72,582 | 0 | 0 | $0 |
| Jesse Anderson Corley | Director | June 17, 2026 A | 86,227 | 0 | 0 | $0 |
| Robert Keith Warner | Director | June 17, 2026 A | 78,076 | 0 | 0 | $0 |
| Shweta Maniar | Director | June 17, 2026 A | 55,172 | 0 | 0 | $0 |
| Julie Andrews | Director | June 17, 2026 A | 78,076 | 0 | 0 | $0 |
| Bakker Juliet Tammenoms | Director | June 17, 2026 A | 85,183 | 0 | 0 | $0 |
| Raymond W Cohen | Director | June 17, 2026 A | 66,532 | 0 | 0 | $0 |
| William J Link PHD | Director | June 17, 2026 A | 74,892 | 0 | 0 | $0 |
| PALMISANO ROBERT J | Director | June 17, 2026 A | 78,076 | 0 | 0 | $0 |
| Daniel Mark Schwartz | Director | Aug. 3, 2021 C | 407,647 | 0 | 0 | $0 |
| Richard M. Wolfen | Director | Aug. 3, 2021 C | 1,762,074 | 0 | 0 | $0 |
| Bruce C Robertson | Director | Aug. 3, 2021 C | 1,385,037 | 0 | 0 | $0 |
| RxSight I, LLC | 10% owner | Aug. 3, 2021 C | 2,016,778 | 0 | 0 | $0 |
Insiders from SEC Form 3/4/5 filings; net = open-market P/S only
Activists & 5%+ owners 1 position
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 II, LLC, Longitude Venture Partners II, L.P., Longitude Prime Partners, LLC, Longitude Prime Fund, L.P., Patrick G. Enright, Juliet Tammenoms Bakker ×3 filings | Aug. 18, 2023 | — | 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.
ETF ownership Held by 22 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 |
|---|---|---|---|---|
| RSSL · Global X Funds | 0.01% | 16,925 NS | April 30, 2026 | N-PORT |
| AVSC · AMERICAN CENTURY ETF TRUST | 0.01% | 29,616 NS | May 31, 2026 | N-PORT |
| ITWO · ProShares Trust | 0.01% | 1,840 NS | May 31, 2026 | N-PORT |
| DFAS · Dimensional ETF Trust | 0.00% | 84,479 NS | April 30, 2026 | N-PORT |
| SCHA · SCHWAB STRATEGIC TRUST | 0.00% | 173,985 NS | May 31, 2026 | N-PORT |
| UWM · ProShares Trust | 0.00% | 1,438 NS | May 31, 2026 | N-PORT |
| URTY · ProShares Trust | 0.00% | 1,453 NS | May 31, 2026 | N-PORT |
| MSSM · MORGAN STANLEY PATHWAY FUNDS | 0.00% | 1,740 NS | May 31, 2026 | N-PORT |
| HDG · ProShares Trust | 0.00% | 37 NS | May 31, 2026 | N-PORT |
| SCHB · SCHWAB STRATEGIC TRUST | 0.00% | 21,093 NS | May 31, 2026 | N-PORT |
| VXF · VANGUARD INDEX FUNDS | — | — | July 15, 2026 | Daily |
| VTI · VANGUARD INDEX FUNDS | — | — | July 15, 2026 | Daily |
| VTWO · VANGUARD SCOTTSDALE FUNDS | — | — | July 15, 2026 | Daily |
| VTWV · VANGUARD SCOTTSDALE FUNDS | — | — | July 15, 2026 | Daily |
| VTHR · VANGUARD SCOTTSDALE FUNDS | — | — | July 15, 2026 | Daily |
| ITOT · iShares Trust | — | — | Aug. 4, 2026 | Daily |
| IWV · iShares Trust | — | — | Aug. 18, 2026 | Daily |
| IWN · iShares Trust | — | — | Aug. 17, 2026 | Daily |
| IWM · iShares Trust | — | — | Aug. 18, 2026 | Daily |
| IWC · iShares Trust | — | — | Aug. 18, 2026 | Daily |
| PRFZ · Invesco Exchange-Traded Fund Trust | — | — | July 13, 2026 | Daily |
| VHT · VANGUARD WORLD FUND | — | — | July 20, 2026 | Daily |