Analyst Ratings

Date	Action	Analyst	Rating	Target
Feb-26-26	Reiterated	Needham	Buy	$32 → $22
Oct-31-25	Reiterated	Needham	Buy	$54 → $32
Mar-13-25	Upgrade	Stephens & Co.	Equal Weight → Overweight
Mar-03-25	Reiterated	Barclays	Equal Weight	$35
Oct-31-24	Reiterated	Craig-Hallum	Buy	$31 → $45
Oct-31-24	Reiterated	Needham	Buy	$54
Aug-01-24	Reiterated	JMP Securities	Market Outperform	$38
May-02-24	Reiterated	Craig-Hallum	Buy	$31
Jan-23-24	Downgrade	Goldman Sachs	Buy → Neutral
Dec-07-23	Downgrade	Stephens & Co.	Overweight → Equal Weight

Financial Statements

DataTimeframe

Line Item (USD, M)	TTM —	FY 2025 12/31/2025	FY 2024 12/31/2024	FY 2023 12/31/2023
Total Revenue	472	444	334	Upgrade your experience to unlock full historical data
Cost of Goods Sold Incl. D&A	201	187	137
Gross Profit	271	257	197
Selling, General and Administrative Excl. Other	186	181	143
Research and Development	122	118	96
Other Operating Expense	7	11	2
Operating Income	-44	-54	-45
Interest Expense	11	9	0
Unusual Expense	—	—	—
Non-Operating Income (Expense)	-4	-4	-5
Net Income Before Taxes	-51	-59	-41
Income Taxes	-1	-11	0
Consolidated Net Income	-50	-48	-41
Net Income From Continuing Operations	-50	-48	-41
Net Income	-50	-48	-41
EPS (Recurring)	-0.47	-0.46	-0.41
EPS (Basic, Before Extraordinaries)	-0.47	-0.46	-0.41
EPS (Diluted)	-0.47	-0.46	-0.41
EBITDA	-9	-23	-30
Other After Tax Adjustments	—	—	—
Stock Option Compensation Expense	—	—	—
Price To Earnings Ratio	—	—	—
Price To Sales Ratio	3.30	5.40	—
Gross Margin	57.42	57.88	58.98
Operating Margin	-9.32	-12.16	-13.47
Net Margin	-10.59	-10.81	-12.28
Shares Outstanding	106	104	99
Market Capitalization	1,556	2,399	—
Operating Lease Expense	—	—	—

Insider Trading

Insider	Relationship	Date	Transaction	Cost	#Shares	Value ($)	#Shares Total	SEC Form 4
GENERAL ATLANTIC GENPAR (BERMUDA), L.P.	director, 10 percent owner:	May 14 '26	Buy	16.49	675,000	11,130,750	19,420,994	May 14 12:00 AM
GENERAL ATLANTIC, L.P.	director, 10 percent owner:	May 14 '26	Buy	16.49	675,000	11,130,750	19,420,994	May 14 12:00 AM
GENERAL ATLANTIC, L.P.	director, 10 percent owner:	May 13 '26	Buy	16.63	550,000	9,146,500	18,745,994	May 14 12:00 AM
GENERAL ATLANTIC GENPAR (BERMUDA), L.P.	director, 10 percent owner:	May 13 '26	Buy	16.63	550,000	9,146,500	18,745,994	May 14 12:00 AM
GENERAL ATLANTIC, L.P.	director, 10 percent owner:	May 12 '26	Buy	16.87	750,000	12,652,500	18,195,994	May 14 12:00 AM
GENERAL ATLANTIC GENPAR (BERMUDA), L.P.	director, 10 percent owner:	May 12 '26	Buy	16.87	750,000	12,652,500	18,195,994	May 14 12:00 AM
GENERAL ATLANTIC, L.P.	director, 10 percent owner:	May 06 '26	Buy	16.63	844,772	14,048,558	17,445,994	May 06 12:00 AM
GENERAL ATLANTIC GENPAR (BERMUDA), L.P.	director, 10 percent owner:	May 06 '26	Buy	16.63	844,772	14,048,558	17,445,994	May 06 12:00 AM
GENERAL ATLANTIC, L.P.	director, 10 percent owner:	May 05 '26	Buy	16.84	700,000	11,788,000	16,601,222	May 06 12:00 AM
GENERAL ATLANTIC GENPAR (BERMUDA), L.P.	director, 10 percent owner:	May 05 '26	Buy	16.84	700,000	11,788,000	16,601,222	May 06 12:00 AM
GENERAL ATLANTIC GENPAR (BERMUDA), L.P.	director, 10 percent owner:	May 04 '26	Buy	16.92	521,771	8,828,365	15,901,222	May 06 12:00 AM
GENERAL ATLANTIC, L.P.	director, 10 percent owner:	May 04 '26	Buy	16.92	521,771	8,828,365	15,901,222	May 06 12:00 AM
GENERAL ATLANTIC GENPAR (BERMUDA), L.P.	director, 10 percent owner:	Mar 12 '26	Buy	18.33	500,000	9,165,000	15,379,451	Mar 16 12:00 AM
GENERAL ATLANTIC, L.P.	director, 10 percent owner:	Mar 12 '26	Buy	18.33	500,000	9,165,000	15,379,451	Mar 16 12:00 AM
Payne Joseph P.	Director	Mar 11 '26	Buy	18.23	5,500	100,238	26,628	Mar 13 12:00 AM


Market Cap	1.61B	Forward P/E	13.26	EPS next Y	1.11	Insider Trans	13.79%	Shs Float	-	Perf Month	-12.41%


Enterprise Value	1.93B	PEG	1.55	EPS next Q	0.19	Inst Own	-	Short Float	-	Perf Quarter	-13.29%


Income	-50062418.00	P/S	3.42	EPS this Y	265.79%	Inst Trans	-	Short Ratio	-	Perf Half Y	-33.72%


Sales	471.95M	P/B	4.33	EPS next Y	42.06%	ROA	-6.00%	Short Interest	-	Perf YTD	-36.37%


Book/sh	3.47	P/C	35.15	EPS next 5Y	33.56%	ROE	-13.96%	52W High	31.08 -52.77%	Perf Year	-45.29%


Cash/sh	0.73	P/FCF	36.52	EPS past 3/5Y	-	ROIC	-5.65%	52W Low	14.11 4.04%	Perf 3Y	-


Dividend Est.	-	EV/EBITDA	-225.55	Sales past 3/5Y	29.59% 31.71%	Gross Margin	57.42%	Volatility	3.16% 3.67%	Perf 5Y	-


Dividend TTM	-	EV/Sales	4.10	EPS Y/Y TTM	197.56%	Oper. Margin	-9.31%	ATR (14)	0.83	Perf 10Y	-


Dividend Ex-Date	-	Quick Ratio	2.30	Sales Y/Y TTM	41.32%	Profit Margin	-10.55%	RSI (14)	35.51	Recom	2.17


Dividend Gr. 3/5Y	-	Current Ratio	2.30	EPS Q/Q	-69.23%	SMA20	-9.76%	Beta	1.19	Target Price	22.00


Payout	0.00%	Debt/Eq	0.97	Sales Q/Q	28.57%	SMA50	-11.33%	Rel Volume	1.24	Prev Close	15.09


Employees	938	LT Debt/Eq	1.01	Earnings	Jul 29	SMA200	-25.75%	Avg Volume	1.66M	Price	14.68


IPO Date	Apr 14, 2021	Option/Short	Yes / Yes	EPS/Sales Surpr.	-80.95% 0.80%	Net Debt/EBITDA	-37.09	Volume	2,064,659	Change	-2.72%

ALKT