Analyst Ratings

Date	Action	Analyst	Rating	Target
May-05-26	Reiterated	Craig-Hallum	Buy	$153 → $85
May-05-26	Reiterated	Guggenheim	Buy	$170 → $70
May-05-26	Reiterated	BTIG	Buy	$170 → $90
May-05-26	Reiterated	Canaccord Genuity	Buy	$100 → $75
May-05-26	Reiterated	Wells Fargo	Overweight	$155 → $75
Apr-20-26	Reiterated	Canaccord Genuity	Buy	$170 → $100
Feb-24-26	Reiterated	BTIG	Buy	$200 → $170
Feb-24-26	Reiterated	Piper Sandler	Overweight	$120 → $130
Feb-23-26	Reiterated	Jefferies	Buy	$180 → $150
Feb-09-26	Upgrade	Wells Fargo	Equal Weight → Overweight

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	443	428	305	Upgrade your experience to unlock full historical data
Cost of Goods Sold Incl. D&A	140	129	111
Gross Profit	303	298	194
Selling, General and Administrative Excl. Other	262	239	168
Research and Development	79	72	46
Other Operating Expense	-4	0	4
Operating Income	-34	-12	-23
Interest Expense	4	3	3
Unusual Expense	—	—	—
Non-Operating Income (Expense)	42	7	26
Net Income Before Taxes	-76	-21	-53
Income Taxes	0	0	0
Consolidated Net Income	-78	-21	-52
Net Income From Continuing Operations	-78	-21	-52
Net Income	-78	-21	-52
EPS (Recurring)	-2.66	-0.73	-1.94
EPS (Basic, Before Extraordinaries)	-2.66	-0.73	-1.94
EPS (Diluted)	-2.66	-0.73	-1.94
EBITDA	-48	7	-28
Other After Tax Adjustments	—	—	—
Stock Option Compensation Expense	—	—	—
Price To Earnings Ratio	—	—	—
Price To Sales Ratio	3.86	8.20	—
Gross Margin	68.40	69.63	63.61
Operating Margin	-7.67	-2.80	-7.54
Net Margin	-17.61	-4.91	-17.05
Shares Outstanding	29	27	27
Market Capitalization	1,711	3,512	—
Operating Lease Expense	—	—	—

Insider Trading

Insider	Relationship	Date	Transaction	Cost	#Shares	Value ($)	#Shares Total	SEC Form 4
Feeley Kevin	CHIEF FINANCIAL OFFICER	Jun 09 '26	Sale	53.77	1,266	68,073	36,486	Jun 11 12:00 AM
Feeley Kevin	CHIEF FINANCIAL OFFICER	Jun 09 '26	Option Exercise	0.00	4,924	0	37,752	Jun 11 12:00 AM
Stueland Katherine	CHIEF EXECUTIVE OFFICER	Jun 09 '26	Option Exercise	0.00	13,092	0	99,762	Jun 11 12:00 AM
Stueland Katherine	CHIEF EXECUTIVE OFFICER	Jun 09 '26	Sale	53.77	3,639	195,669	96,123	Jun 11 12:00 AM
Casdin Capital, LLC	director, 10 percent owner:	Jun 05 '26	Buy	52.86	50,000	2,642,830	3,707,164	Jun 08 12:00 AM
Casdin Capital, LLC	director, 10 percent owner:	Jun 04 '26	Buy	56.44	150,000	8,466,735	3,657,164	Jun 08 12:00 AM
Casdin Capital, LLC	director, 10 percent owner:	May 20 '26	Buy	43.81	140,000	6,132,854	3,507,164	May 20 12:00 AM
Casdin Capital, LLC	director, 10 percent owner:	May 19 '26	Buy	42.60	185,000	7,880,334	3,367,164	May 20 12:00 AM
Casdin Capital, LLC	director, 10 percent owner:	May 18 '26	Buy	42.55	175,000	7,446,547	3,182,164	May 20 12:00 AM
Meister Keith A.	director, 10 percent owner:	May 15 '26	Buy	38.91	46,273	1,800,571	4,784,570	May 15 12:00 AM
Meister Keith A.	director, 10 percent owner:	May 14 '26	Buy	39.39	140,000	5,514,791	4,738,297	May 15 12:00 AM
Meister Keith A.	director, 10 percent owner:	May 13 '26	Buy	39.09	165,000	6,449,984	4,598,297	May 15 12:00 AM
Casdin Capital, LLC	director, 10 percent owner:	May 11 '26	Buy	0.00	50,000	0	850,000	May 11 12:00 AM
Meister Keith A.	director, 10 percent owner:	May 11 '26	Buy	39.29	500,000	19,642,789	4,433,297	May 11 12:00 AM
Casdin Capital, LLC	director, 10 percent owner:	May 08 '26	Buy	0.00	300,000	0	800,000	May 11 12:00 AM


Market Cap	1.67B	Forward P/E	47.93	EPS next Y	1.23	Insider Trans	11.73%	Shs Float	-	Perf Month	40.07%


Enterprise Value	1.75B	PEG	-	EPS next Q	-0.19	Inst Own	-	Short Float	-	Perf Quarter	-19.16%


Income	-78724857.00	P/S	3.78	EPS this Y	97.31%	Inst Trans	-	Short Ratio	-	Perf Half Y	-58.36%


Sales	442.67M	P/B	6.51	EPS next Y	1823.74%	ROA	-15.37%	Short Interest	-	Perf YTD	-54.63%


Book/sh	8.56	P/C	-	EPS next 5Y	-	ROE	-27.50%	52W High	170.85 -65.46%	Perf Year	-7.85%


Cash/sh	5.76	P/FCF	-	EPS past 3/5Y	-	ROIC	-8.07%	52W Low	32.21 83.20%	Perf 3Y	-


Dividend Est.	-	EV/EBITDA	-36.07	Sales past 3/5Y	22.12% 19.05%	Gross Margin	68.35%	Volatility	4.65% 5.10%	Perf 5Y	-


Dividend TTM	-	EV/Sales	3.95	EPS Y/Y TTM	143.81%	Oper. Margin	-7.72%	ATR (14)	4.41	Perf 10Y	-


Dividend Ex-Date	-	Quick Ratio	2.95	Sales Y/Y TTM	45.25%	Profit Margin	-17.58%	RSI (14)	56.78	Recom	2.00


Dividend Gr. 3/5Y	-	Current Ratio	3.09	EPS Q/Q	-200.00%	SMA20	9.10%	Beta	1.81	Target Price	96.43


Payout	0.00%	Debt/Eq	0.66	Sales Q/Q	17.24%	SMA50	7.70%	Rel Volume	0.46	Prev Close	56.42


Employees	1,000	LT Debt/Eq	0.46	Earnings	Aug 04	SMA200	-40.65%	Avg Volume	1.42M	Price	59.01


IPO Date	Nov 04, 2020	Option/Short	Yes / Yes	EPS/Sales Surpr.	-366.67% -8.93%	Net Debt/EBITDA	-1.53	Volume	658,565	Change	4.59%

WGS