Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.
Outlined bar is the consensus estimate; solid is reported.
Periods without a consensus estimate or a reported figure show a dash.
| Period | EPS estimate | EPS actual | EPS surprise % | Revenue estimate | Revenue actual | Revenue surprise % |
|---|---|---|---|---|---|---|
| Q2 26 | -$0.13 | -$0.16 | -23.1% | — | $111.1M | — |
| Q1 26 | -$0.25 | -$0.17 | +32.0% | — | $96.3M | — |
| Q4 25 | $0.01 | -$0.21 | -2200.0% | — | $104.3M | — |
| Q3 25 | -$0.05 | -$0.25 | -400.0% | — | $92.1M | — |
| Q1 25 | -$0.07 | -$0.3 | -328.6% | — | $88.1M | — |
| Q4 24 | -$0.07 | -$0.08 | -14.3% | — | $91.4M | — |
| Q3 24 | -$0.09 | -$0.32 | -255.6% | — | $76.9M | — |
| Q2 24 | -$0.16 | -$0.35 | -118.7% | — | $79M | — |
| Q1 24 | $0.05 | -$0.32 | -740.0% | — | $80M | — |
Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.
Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.
Periods without a consensus estimate or a reported figure show a dash.
| Period | EPS estimate | EPS actual | EPS surprise % | Revenue estimate | Revenue actual | Revenue surprise % |
|---|---|---|---|---|---|---|
| FY25 | — | -$1.01 | — | — | $375.9M | — |
| FY24 | — | -$1.07 | — | — | $327.3M | — |
| FY23 | — | -$0.61 | — | — | $315.4M | — |
| FY22 | — | $0.36 | — | — | $320M | — |
| FY21 | — | $0.48 | — |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|
| Revenue | $121M | $208.3M | $320M | $315.4M | $327.3M | $375.9M |
| YoY change | — | +72.1% | +53.7% | -1.46% | +3.78% | +14.9% |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | Q3 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 |
|---|
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|
| Revenue | 121M | 208.3M | 320M | 315.4M | 327.3M | 375.9M |
| Cost of revenue | 101.9M | 176.6M | 278.6M | 291.2M | 315.9M | 343.2M |
| Gross profit | 19.1M | 31.7M | 41.5M | 24.2M | 11.4M | 32.7M |
| Gross margin | 15.8% | 15.2% | 13% | 7.67% | 3.47% | 8.69% |
| Research & development | — | — | — | — | — | — |
| Selling, general & administrative | 19.9M | 34.4M | 53.8M | 75.4M | 91.3M | 82.6M |
| Operating expenses | 19.9M | 34.4M | 53.8M | 75.4M | 91.3M | 82.6M |
| Operating income | -739K | -2.7M | -12.3M | -51.2M | -80M | -49.9M |
| Operating margin | -0.61% | -1.3% | -3.85% | -16.2% | -24.4% | -13.3% |
| Non-operating income, net | 9.4M | 9.2M | 15.7M | 14.1M | -4.6M | 2.9M |
| Pretax income | 3.3M | 2.2M | -4.2M | -54.7M | -101.5M | -67.1M |
| Income tax | — | — | 0 | 0 | 41K | 37K |
| Net income | 3.3M | 2.2M | -4.2M | -54.7M | -101.5M | -67.1M |
| Net margin | 2.74% | 1.08% | -1.3% | -17.4% | -31% | -17.9% |
| EBITDA | 15.5M | 15M | 11.3M | -19.7M | -50.3M | -19.5M |
| EPS | 0.42 | 0.48 | 0.36 | -0.61 | -1.07 | -1.01 |
| Diluted EPS | 0.42 | 0.48 | 0.36 | -0.61 | -1.07 | -1.01 |
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | Q3 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 62M | 76M | 80M | 79M | 76.9M | 91.4M | 88.1M | 91.3M | 92.1M | 104.3M | 96.3M | 111.1M |
| Cost of revenue | 70M | 77.4M | 80.7M | 79.4M | 74.3M | 81.4M | 83.1M | 83.4M | 86M | 90.7M | 82.4M | 93.9M |
| Gross profit | -8M | -1.5M | -753K | -424K | 2.6M | 10M | 5M | 8M | 6.1M | 13.6M | 13.9M | 17.2M |
| Gross margin | -12.8% | -1.91% | -0.94% | -0.54% | 3.35% | 10.9% | 5.73% | 8.71% | 6.61% | 13% | 14.4% | 15.5% |
| Research & development | — | — | — | — | — | — | — | — | — | — | — | — |
| Selling, general & administrative | 17.5M | 23.5M | 25.2M | 21.5M | 20M | 24.7M | 21M | 20.3M | 19.5M | 21.8M | 22.7M | 22.3M |
| Operating expenses | 17.5M | 23.5M | 25.2M | 21.5M | 20M | 24.7M | 21M | 20.3M | 19.5M | 21.8M | 22.7M | 22.3M |
| Operating income | -25.4M | -24.9M | -25.9M | -21.9M | -17.4M | -14.7M | -15.9M | -12.3M | -13.4M | -8.2M | -8.8M | -5M |
| Operating margin | -41% | -32.8% | -32.4% | -27.7% | -22.7% | -16.1% | -18.1% | -13.5% | -14.6% | -7.88% | -9.14% | -4.54% |
| Non-operating income, net | 5.7M | 5.6M | -3.7M | -1.4M | -2.1M | 2.6M | -2.4M | 409K | -2.8M | 7.6M | 550K | -734K |
| Pretax income | -24.6M | -24.3M | -33M | -27.9M | -24.1M | -16.5M | -23M | -16.1M | -21.1M | -6.9M | -13.4M | -11.4M |
| Income tax | 0 | 0 | 0 | 0 | 0 | 41K | 0 | 0 | 0 | 37K | 3K | 57K |
| Net income | -24.6M | -24.3M | -33M | -27.9M | -24.1M | -16.5M | -23M | -16.1M | -21.1M | -6.9M | -13.4M | -11.5M |
| Net margin | -39.6% | -32% | -41.3% | -35.3% | -31.4% | -18.1% | -26.2% | -17.7% | -22.9% | -6.63% | -13.9% | -10.3% |
| EBITDA | -18.1M | -15.9M | -17.7M | -14.7M | -10.4M | -7.6M | -9M | -6.1M | -6.7M | 2.3M | -3M | 230K |
| EPS | -1.3 | — | -0.35 | -0.32 | -0.32 | — | -0.3 | -0.26 | -0.25 | — | -0.17 | -0.16 |
| Diluted EPS | -1.3 | — | -0.35 | -0.32 | -0.32 | — | -0.3 | -0.26 | -0.25 | — | -0.17 | -0.16 |
Annual history by fiscal year; click a table row below to chart a different metric.
Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Market cap | — | — | — | — | — | — | 125.6M |
| Enterprise value | — | — | — | — | — | — | 418.5M |
| Shares outstanding | 16.9M | 16.9M | 16.9M | 76.6M | 23.8M | 27.2M | 27.2M |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | -1.21 |
| P/S | — | — | — | — | — | — | 0.32 |
| P/B | — | — | — | — | — | — | -0.79 |
| EV/EBITDA | — | — | — | — | — | — | -31.5 |
| EV/Sales | — | — | — | — | — | — | 1.04 |
| Earnings yield | — | — | — | — | — | — | -82.8% |
| FCF yield | — | — | — | — | — | — | -49.1% |
| PEG | — | — | — | — | — | — | 0.03 |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Gross margin | 15.8% | 15.2% | 13% | 7.67% | 3.47% | 8.69% | 15.5% |
| Operating margin | -0.61% | -1.3% | -3.85% | -16.2% | -24.4% | -13.3% | -4.54% |
| Net margin | 2.74% | 1.08% | -1.3% | -17.4% | -31% | -17.9% | -5.26% |
| ROE | — | 4.51% | -8.76% | -154.9% | 869.6% | 79.6% | 32.7% |
| ROA | — | 0.73% | -0.84% | -10.5% | -18.9% | -15.3% | -5.02% |
| ROIC | — | — | -4.82% | -19.3% | -38.7% | -38.5% | -26.8% |
| Return on tangible assets | — | 0.74% | -0.85% | -10.6% | -19% | -15.3% | -12% |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Current ratio | — | 0.51 | 0.95 | 0.53 | 0.49 | 0.28 | 0.23 |
| Quick ratio | — | 0.49 | 0.91 | 0.5 | 0.47 | 0.26 | 0.2 |
| Debt / equity | — | 3.47 | 6.34 | 8.85 | -27 | -2.89 | -0.03 |
| Debt / assets | — | 0.56 | 0.61 | 0.6 | 0.59 | 0.55 | 0.52 |
| Net debt / EBITDA | — | 9.41 | 18.4 | -11.6 | -4.34 | -11 | -30.1 |
| Interest coverage | 1.62 | 1.53 | 0.5 | -1.46 | -3.79 | -2.14 | -1.34 |
| Effective tax rate | — | — | 0% | 0% | 0% | 0% | 0% |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Revenue per share | 7.15 | 12.3 | 18.9 | 4.12 | 13.7 | 13.8 | 10.4 |
| EPS (basic) | 0.42 | 0.48 | 0.36 | -0.61 | -1.07 | -1.01 | -1.01 |
| EPS (diluted) | 0.42 | 0.48 | 0.36 | -0.61 | -1.07 | -1.01 | -0.79 |
| Book value per share | — | 2.94 | 2.8 | 0.46 | -0.49 | -3.09 | -4.74 |
| FCF per share | -0.39 | -0.52 | -5.96 | -0.99 | -2.86 | -0.89 | -0.5 |
| Cash per share | — | 1.86 | 5.47 | 1.08 | 4.08 | 1.08 | 0.27 |
| Capex per share | 1.52 | 2.62 | 5.05 | 0.54 | 0.25 | 0 | 0 |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Capex / revenue | 21.2% | 21.3% | 26.7% | 13.2% | 1.8% | 0.01% | 0.02% |
| Capex / operating cash flow | 96.1% | 83.1% | 135.6% | 215.3% | -34% | 0.33% | 0.43% |
| Payout ratio | 267.7% | 582.2% | -217.7% | -61.5% | 0% | -1.49% | 0% |
| — |
| $208.3M |
| — |
| FY20 | — | $0.42 | — | — | $121M | — |
| Q4 24 |
|---|
| Q1 25 |
|---|
| Q2 25 |
|---|
| Q3 25 |
|---|
| Q4 25 |
|---|
| Q1 26 |
|---|
| Q2 26 |
|---|
| Revenue | $62M | $76M | $80M | $79M | $76.9M | $91.4M | $88.1M | $91.3M | $92.1M | $104.3M | $96.3M | $111.1M |
| YoY change | — | — | +3.82% | -21.3% | +24% | +20.3% | +10.2% | +15.6% | +19.8% | +14.1% | +9.33% | +21.7% |
What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.
Click a row to chart it; unreported figures show a dash.
| Period | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Cash & short-term investments | 31.5M | 92.6M | 82.9M | 97.2M | 29.3M |
| Receivables | 3.2M | 14.1M | 849K | 2M | 3M |
| Inventory | 2M | 5.9M | 5.1M | 5.7M | 5.1M |
| Total current assets | 48.4M | 131.8M | 116.8M | 144M | 74.4M |
| Property, plant & equipment | -9.4M | -20.8M | 3.1M | 943K | -581K |
| Goodwill & intangibles | 5.4M | 4.9M | 4.5M | 3.2M | — |
| Total assets | 306.7M | 494.2M | 521M | 538.3M | 440M |
| Accounts payable | 18M | 21.8M | 30.2M | 20.3M | 30.7M |
| Short-term debt | 35.2M | 37.1M | 77.7M | 114.4M | 66.9M |
| Total current liabilities | 94.5M | 138.7M | 221.5M | 294.8M | 269.9M |
| Long-term debt | 137M | 263.4M | 234.9M | 201.2M | 176.3M |
| Total liabilities | 257M | 446.8M | 485.7M | 550M | 524.3M |
| Shareholders' equity | 49.7M | 47.4M | 35.3M | -11.7M | -84.3M |
| Total debt | 172.2M | 300.5M | 312.6M | 315.7M | 243.2M |
| Net debt | 151M | 277.3M | 301M | 284M | 213.8M |
What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.
Click a row to chart it; unreported figures show a dash.
| Period | Q1 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 92.4M | 82.9M | 76.8M | 78.8M | 80.1M | 97.2M | 22.8M | 15.8M | 18.7M | 29.3M | 19.6M | 14.2M |
| Receivables | 11.8M | 849K | 600K | 1M | 1.6M | 2M | 2.5M | 2.7M | 2.8M | 3M | 3.2M | 5M |
| Inventory | 7.5M | 5.1M | 5.4M | 6M | 6M | 5.7M | 6M | 6.3M | 6M | 5.1M | 5.3M | 6.5M |
| Total current assets | 137.5M | 116.8M | 125.2M | 128.4M | 133.3M | 144M | 66.8M | 65.5M | 68.7M | 74.4M | 66.7M | 63.5M |
| Property, plant & equipment | -17.6M | 3.1M | -9.4M | -12.9M | -11.9M | 943K | 16.4M | 9.7M | 9.5M | -581K | 8.3M | 2.7M |
| Goodwill & intangibles | 4.7M | 4.5M | 4.2M | 3.8M | 3.5M | 3.2M | 2.9M | 2.7M | 2.4M | — | — | — |
| Total assets | 504.9M | 521M | 524.1M | 494.7M | 487.1M | 538.3M | 466.8M | 443.4M | 448.1M | 440M | 449.3M | 439.4M |
| Accounts payable | 17M | 30.2M | 32.1M | 30.7M | 26.1M | 20.3M | 23.6M | 32.3M | 33.3M | 30.7M | 37.6M | 40.4M |
| Short-term debt | 87.8M | 77.7M | 69M | 66.4M | 124.6M | 114.4M | 73.6M | 73.7M | 81.9M | 66.9M | 76.3M | 72.3M |
| Total current liabilities | 189.2M | 221.5M | 207.7M | 202M | 266.1M | 294.8M | 252.2M | 260.2M | 275.9M | 269.9M | 279M | 278.1M |
| Long-term debt | 249.4M | 234.9M | 260.6M | 259.4M | 190.5M | 201.2M | 187.3M | 175.4M | 183.2M | 176.3M | 160.5M | 157.5M |
| Total liabilities | 485.9M | 485.7M | 523.2M | 501.5M | 496.2M | 550M | 495.7M | 496M | 526.8M | 524.3M | 521.8M | 522.7M |
| Shareholders' equity | 18.9M | 35.3M | 843K | -6.8M | -9M | -11.7M | -29M | -52.6M | -78.7M | -84.3M | -72.5M | -83.3M |
| Total debt | 337.2M | 312.6M | 329.6M | 325.9M | 315.1M | 315.7M | 260.9M | 249M | 265.1M | 243.2M | 236.8M | 229.8M |
| Net debt | 314.7M | 301M | 324.2M | 316.5M | 296.5M | 284M | 246.1M | 233.2M | 246.4M | 213.8M | 218.1M | 215.5M |
Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.
Click a row to chart it; unreported figures show a dash.
| Period | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|
| Net income | 3.3M | 2.2M | -4.2M | -54.7M | -101.5M | -67.1M |
| Depreciation & amortization | 16.1M | 17.4M | 23.1M | 27M | 25.7M | 23.6M |
| Stock-based compensation | — | — | 0 | 882K | 753K | 4.5M |
| Change in working capital | 14.6M | 33.9M | 28.2M | 20.5M | 36.7M | 19.1M |
| Operating cash flow | 26.7M | 53.5M | 63M | 19.4M | -17.3M | 6.7M |
| Capital expenditure | -25.7M | -44.4M | -85.4M | -41.7M | -5.9M | -22K |
| Investing cash flow | -38.1M | -69.1M | -166.7M | -61.2M | -7.4M | 37.1M |
| Dividends paid | -8.9M | -13.1M | -9M | -33.7M | 0 | -1M |
| Share repurchases | — | — | — | — | — | — |
| Financing cash flow | 19.2M | 21.2M | 123.7M | 41.8M | 38.9M | -118M |
| Net change in cash | 7.7M | 5.6M | 19.9M | -65K | 14.2M | -74.2M |
| Free cash flow | -6.6M | -8.7M | -100.9M | -75.8M | -68.1M | -24.3M |
Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.
Click a row to chart it; unreported figures show a dash.
| Period | Q3 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income | -24.6M | -24.3M | -33M | -27.9M | -24.1M | -16.5M | -23M | -16.1M | -21M | -6.9M | -13.4M | -11.5M |
| Depreciation & amortization | 6.7M | 6.8M | 6.5M | 6.7M | 6.1M | 6.4M | 6.3M | 5.8M | 6.5M | 5.1M | 5.2M | 5.5M |
| Stock-based compensation | — | — | — | — | — | — | 1.1M | 949K | 828K | 1.6M | 1.6M | 1.7M |
| Change in working capital | 26.3M | 17M | -8.8M | -4.2M | -809K | 50.5M | -4.5M | 6.3M | 6.3M | 10.9M | 621K | 386K |
| Operating cash flow | 15.2M | 7M | -30M | -20.1M | -13.9M | 45.8M | -13.4M | 363K | -209K | 17M | -617K | 2.7M |
| Capital expenditure | -21.6M | -12.8M | -38.5M | 34.1M | 18.3M | -19.8M | 15.1M | 0 | -1K | 2K | 77K | -1K |
| Investing cash flow | -28.4M | -17.7M | -29.9M | 33.6M | 18.8M | -29.9M | 66.2M | 3.5M | -8.2M | -9.3M | -9.5M | -4.9M |
| Dividends paid | -4M | -2.4M | 0 | 0 | 0 | 0 | — | — | -1K | -639K | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | 13.8M | 14.2M | 49.8M | -13.3M | 2.9M | -501K | -72.6M | -14.7M | 6.6M | -36.8M | 4.8M | -4.2M |
| Net change in cash | 604K | 3.6M | -10.1M | 220K | 7.8M | 15.5M | -19.9M | -10.9M | -1.8M | -29.1M | -5.3M | -6.4M |
| Free cash flow | -19.5M | -11.8M | -64.7M | -5.9M | 1.1M | 1.4M | -14.6M | 353K | -11M | 982K | -14.2M | -2.7M |