Analyst Ratings

Date	Action	Analyst	Rating	Target
Feb-27-25	Downgrade	Keybanc	Overweight → Sector Weight
Apr-04-24	Reiterated	Jefferies		$3.25
Nov-05-19	Downgrade	Janney Montgomery Scott	Buy → Neutral
Oct-17-19	Upgrade	UBS	Neutral → Buy
Jan-02-19	Upgrade	Janney Montgomery Scott	Neutral → Buy
Nov-01-18	Upgrade	Piper Sandler	Neutral → Overweight
Feb-04-16	Upgrade	Mizuho	Neutral → Buy
Jan-19-16	Downgrade	Cowen & Co.	Outperform → Market Perform
Nov-01-15	Upgrade	Cantor Fitzgerald	Hold → Buy
Oct-29-15	Upgrade	Cantor Fitzgerald	Hold → Buy

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	87	85	174	Upgrade your experience to unlock full historical data
Cost of Goods Sold Incl. D&A	45	43	90
Gross Profit	41	43	84
Selling, General and Administrative Excl. Other	98	110	157
Research and Development	22	26	62
Other Operating Expense	0	0	40
Operating Income	-78	-93	-175
Interest Expense	0	0	3
Unusual Expense	—	—	—
Non-Operating Income (Expense)	9	3	-40
Net Income Before Taxes	-88	-97	-138
Income Taxes	-38	-38	1
Consolidated Net Income	-94	-75	-139
Net Income From Continuing Operations	-51	-59	-139
Net Income	-94	-75	-139
EPS (Recurring)	-0.25	-0.20	-0.52
EPS (Basic, Before Extraordinaries)	-0.25	-0.20	-0.52
EPS (Diluted)	-0.25	-0.20	-0.52
EBITDA	-81	-90	-118
Other After Tax Adjustments	—	—	—
Stock Option Compensation Expense	—	—	—
Price To Earnings Ratio	—	—	—
Price To Sales Ratio	3.70	5.75	—
Gross Margin	47.13	50.59	48.28
Operating Margin	-89.66	-109.41	-100.57
Net Margin	-108.05	-88.24	-79.89
Shares Outstanding	388	382	353
Market Capitalization	322	489	—
Operating Lease Expense	—	—	—

Insider Trading

Insider	Relationship	Date	Transaction	Cost	#Shares	Value ($)	#Shares Total	SEC Form 4
Kim Hanjoon Alex	Chief Financial Officer	Apr 06 '26	Option Exercise	0.00	140,366	0	2,800,702	Apr 08 12:00 AM
Egholm Michael	President & CEO	Apr 06 '26	Option Exercise	0.00	393,026	0	6,790,596	Apr 08 12:00 AM
Casdin Partners Master Fund, L.P.	director, 10 percent owner:	Dec 04 '25	Buy	1.45	150,000	217,020	72,100,000	Dec 04 12:00 AM
Casdin Partners Master Fund, L.P.	director, 10 percent owner:	Dec 03 '25	Buy	1.44	75,000	108,037	71,950,000	Dec 04 12:00 AM
Casdin Partners Master Fund, L.P.	director, 10 percent owner:	Dec 02 '25	Buy	1.42	125,000	177,513	71,875,000	Dec 04 12:00 AM
Casdin Partners Master Fund, L.P.	director, 10 percent owner:	Nov 25 '25	Buy	1.30	7,550,000	9,838,405	71,750,000	Nov 26 12:00 AM
Casdin Partners Master Fund, L.P.	director, 10 percent owner:	Nov 24 '25	Buy	1.43	150,000	214,875	64,200,000	Nov 26 12:00 AM
Casdin Partners Master Fund, L.P.	director, 10 percent owner:	Nov 20 '25	Buy	1.30	450,000	586,260	64,050,000	Nov 20 12:00 AM
Casdin Partners Master Fund, L.P.	director, 10 percent owner:	Nov 19 '25	Buy	1.28	350,000	448,910	63,600,000	Nov 20 12:00 AM
Casdin Partners Master Fund, L.P.	director, 10 percent owner:	Nov 18 '25	Buy	1.23	275,000	339,405	63,250,000	Nov 20 12:00 AM
Casdin Partners Master Fund, L.P.	director, 10 percent owner:	Nov 17 '25	Buy	1.22	225,000	275,580	62,975,000	Nov 17 12:00 AM
Casdin Partners Master Fund, L.P.	director, 10 percent owner:	Nov 14 '25	Buy	1.24	250,000	309,800	62,750,000	Nov 17 12:00 AM
Casdin Partners Master Fund, L.P.	director, 10 percent owner:	Nov 13 '25	Buy	1.20	450,000	541,395	62,500,000	Nov 17 12:00 AM
Casdin Partners Master Fund, L.P.	director, 10 percent owner:	Nov 12 '25	Buy	1.19	375,000	445,838	62,050,000	Nov 12 12:00 AM
Casdin Partners Master Fund, L.P.	director, 10 percent owner:	Nov 11 '25	Buy	1.20	300,000	358,800	61,675,000	Nov 12 12:00 AM


Market Cap	316.24M	Forward P/E	-	EPS next Y	-0.09	Insider Trans	0.14%	Shs Float	-	Perf Month	-17.03%


Enterprise Value	79.96M	PEG	-	EPS next Q	-0.01	Inst Own	-	Short Float	-	Perf Quarter	-13.57%


Income	-94618145.00	P/S	3.67	EPS this Y	86.80%	Inst Trans	-	Short Ratio	-	Perf Half Y	-44.32%


Sales	86.25M	P/B	0.56	EPS next Y	-162.58%	ROA	-14.72%	Short Interest	-	Perf YTD	-35.18%


Book/sh	1.43	P/C	-	EPS next 5Y	-	ROE	-20.80%	52W High	1.72 -51.76%	Perf Year	-18.66%


Cash/sh	1.16	P/FCF	-	EPS past 3/5Y	-	ROIC	-7.43%	52W Low	0.79 5.03%	Perf 3Y	-


Dividend Est.	-	EV/EBITDA	-0.98	Sales past 3/5Y	-4.63% -9.24%	Gross Margin	48.30%	Volatility	4.66% 5.94%	Perf 5Y	-


Dividend TTM	-	EV/Sales	0.93	EPS Y/Y TTM	92.31%	Oper. Margin	-91.02%	ATR (14)	0.08	Perf 10Y	-


Dividend Ex-Date	-	Quick Ratio	11.92	Sales Y/Y TTM	-50.00%	Profit Margin	-109.08%	RSI (14)	38.73	Recom	2.40


Dividend Gr. 3/5Y	-	Current Ratio	12.36	EPS Q/Q	-	SMA20	-17.30%	Beta	1.65	Target Price	3.25


Payout	0.00%	Debt/Eq	0.05	Sales Q/Q	5.00%	SMA50	-14.71%	Rel Volume	1.02	Prev Close	0.81


Employees	814	LT Debt/Eq	0.06	Earnings	Aug 10	SMA200	-30.75%	Avg Volume	3.22M	Price	0.83


IPO Date	Feb 10, 2011	Option/Short	No / No	EPS/Sales Surpr.	0.00% 16.67%	Net Debt/EBITDA	2.90	Volume	3,287,608	Change	2.42%

LAB