TSR below peersNo
—
3+ of last 5 years
High CEO pay despite TSRNo
—
Median CEO pay ≥ $15M while TSR trails
Earnings not backed by cashNo
—
Cash flow under 80% of net income
Dilutive SBCYes
14% of revenue
Over 10% of revenue
Payouts exceed cash flowNo
0% of cash flow
Buybacks + dividends over cash flow
Goodwill-heavyNo
—
Over 40% of assets
Shareholder dissentNo
90% lowest support
Any vote under 80% support
Buyer economics 1 of 4
Low revenue per employeeNo
$268K · 56th pct
Bottom quartile of its SIC industry
Quiet on AINo
2.3 per 10K words · 59th pct
Bottom quartile of AI mentions in 10-Ks
Net cashNo
—
More cash than debt, positive EBITDA
Buyout-sizedYes
$1.7B market cap
Market cap $500M–$5B
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY | Trend |
|---|
| Revenue | $85M | $65M | $73M | $85M | $70M | ▼ 18% | |
|---|
| Operating income | −$65M | −$116M | −$110M | −$68M | −$88M | ▼ 29% | |
|---|
| Net income | −$65M | −$113M | −$108M | −$81M | −$81M | – 0.0% | |
|---|
| Operating cash flow | −$71M | −$70M | −$56M | −$45M | −$75M | ▼ 66% | |
|---|
| Capex | $11M | $50M | $11M | $2M | $5M | ▲ 181% | |
|---|
| Stock-based comp | $14M | $19M | $14M | $11M | $9M | ▼ 12% | |
|---|
13D filers
| Filed | Filer | Form | Stake | Intent |
|---|
| Jul 21, 2026 | Tempus AI, Inc. | SCHEDULE 13D/A | 12.5% | Active |
| Jun 10, 2026 | Lightspeed Venture Partners Select IV, L.P. | SCHEDULE 13D/A | 2.0% | Passive |
| Sep 12, 2025 | Tempus AI, Inc. | SCHEDULE 13D/A | 14.5% | Passive |
| Aug 20, 2024 | Tempus AI, Inc. | SC 13D/A | 19.3% | Passive |
| Jul 3, 2024 | Tempus AI, Inc. | SC 13D | 33.4% | Passive |
| Jun 28, 2024 | LIGHTSPEED VENTURE PARTNERS VIII LP | SC 13D/A | — | Passive |
| Mar 7, 2022 | LIGHTSPEED VENTURE PARTNERS VIII LP | SC 13D/A | 9.2% | Passive |
| Aug 24, 2020 | LIGHTSPEED VENTURE PARTNERS VIII LP | SC 13D | 12.9% | Passive |
Insider trading
- Open-market buys, 12 mo
- $3M · 12
- Open-market sells, 12 mo
- $9M · 16
- Net
- −$6M
Pay vs performance
No pay-versus-performance disclosure yet.