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 | -$0.43 | -$0.44 | -2.3% | — | $3.4M | — |
| Q1 26 | -$0.33 | -$0.38 | -15.2% | — | $3.2M | — |
| Q1 25 | -$0.08 | -$0.04 | +50.0% | — | $9M | — |
| Q3 24 | -$0.12 | -$0.14 | -16.7% | — | $7.5M | — |
| Q2 24 | -$0.18 | -$0.19 | -5.6% | — | $7M | — |
| Q1 24 | -$0.18 | -$0.27 | -50.0% | — | $7M | — |
| Q4 23 | -$0.18 | -$0.21 | -16.7% | — | $8.3M | — |
| Q3 23 | -$0.21 | -$0.2 | +4.8% | — | $7.4M | — |
| Q2 23 | -$0.25 | -$0.19 | +24.0% | — | $5.9M | — |
| Q1 23 | -$0.23 | -$0.28 | -21.7% | — | $5.6M | — |
| Q4 22 | -$0.21 | -$0.26 | -23.8% | — | $5.2M | — |
| Q3 22 | -$0.23 | -$0.22 | +4.3% | — | $4.6M | — |
| Q2 22 | -$0.23 | -$0.23 | 0.0% | — | $3.7M | — |
| Q1 22 | -$0.19 | -$0.21 | -10.5% | — | $1.9M | — |
| Q4 21 | -$0.17 | -$0.19 | -11.8% | — | $2.2M | — |
| Q3 21 | -$0.21 | -$0.15 | +28.6% | — | $2.5M | — |
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 | — | -$1.21 | — | — | $6.5M | — |
| FY24 | — | -$1.26 | — | — | $1.5M | — |
| FY24 | — | -$1.89 | — | — | $27.4M | — |
| FY23 | — | — | — | — | $0 |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $0 | $486.5K | $1.2M | $1.4M | $1.8M | $6.6M | $15.3M | $0 | $1.5M | $6.5M |
| YoY change | 0% | +InfinityT% | +148.3% | +19.5% | +24% | +269.7% | +131.9% | -100% | +InfinityT% | +336.9% |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 486.5K | 1.2M | 1.4M | 1.8M | 6.6M | 15.3M | 0 | 1.5M | 6.5M |
| Cost of revenue | — | — | 1M | 1M | 2.4M | 10.7M | 19.5M | — | — | — |
| Gross profit | — | — | 188K | 430K | -624K | -4M | -4.1M | — | — | — |
| Gross margin | — | — | 15.6% | 29.8% | -34.9% | -60.9% | -27% | — | — | — |
| Research & development | 1.8M | 5M | 13.3M | 19.1M | 20.5M | 24.1M | 35.7M | 25.9M | 41M | 67.5M |
| Selling, general & administrative | 2.9M | 6.2M | 8.8M | 8.9M | 10.9M | 13.3M | 20.7M | 7.7M | 11.3M | 12.6M |
| Operating expenses | 4.4M | 10.7M | 22.1M | 28M | 31.4M | 37.4M | 56.4M | 33.6M | 52.3M | 80M |
| Operating income | -4.4M | -10.7M | -21.9M | -27.6M | -32M | -41.4M | -60.6M | -34.8M | -52M | -74.7M |
| Operating margin | — | -2.2K% | -1.8K% | -1.9K% | -1.8K% | -625.5% | -394.5% | — | -3.5K% | -1.1K% |
| Non-operating income, net | -968.3K | 848.4K | 473K | 1.2M | 471K | 2.4M | -395K | 776K | -33K | -56K |
| Pretax income | -5.4M | -9.8M | -21.7M | -29.2M | -36.1M | -44.2M | -61M | -28.6M | -44M | -63.7M |
| Income tax | — | — | — | — | — | 0 | -1.8M | — | — | — |
| Net income | -5.4M | -9.8M | -21.7M | -29.2M | -36.1M | -44.2M | -59.2M | -28.6M | -44M | -63.7M |
| Net margin | — | -2K% | -1.8K% | -2K% | -2K% | -667.2% | -385.6% | — | -3K% | -980.9% |
| EBITDA | -3.4M | -11.4M | -20.3M | -25.2M | -28.7M | -36.5M | -52.8M | -34.4M | -50.5M | -72.4M |
| EPS | -0.4 | -0.58 | -1.04 | -1.06 | -1.07 | -1.02 | -1.09 | — | -1.26 | -1.21 |
| Diluted EPS | -0.4 | -0.58 | -1.04 | -1.06 | -1.07 | -1.02 | -1.09 | — | -1.26 | -1.21 |
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | Q2 23 | Q3 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 5.9M | 7.4M | 8.3M | 7M | 7M | 7.5M | 933K | 1.4M | 1.6M | 1.9M | 3.2M | 3.4M |
| Cost of revenue | 5.3M | 8.5M | 10M | 8.1M | 6.3M | 7.2M | — | — | — | — | — | — |
| Gross profit | 591K | -1.1M | -1.7M | -1.1M | 681K | 349K | — | — | — | — | — | — |
| Gross margin | 10.1% | -15.2% | -20.4% | -15.5% | 9.71% | 4.65% | — | — | — | — | — | — |
| Research & development | 7.6M | 7.3M | 8.2M | 10.3M | 6.4M | 6M | 12.6M | 15.9M | 16.5M | 16.5M | 20M | 25.3M |
| Selling, general & administrative | 5.8M | 8.8M | 8.1M | 10.2M | 9.3M | 8.9M | 3.9M | 3.3M | 3.1M | 2.5M | 5.3M | 6.4M |
| Operating expenses | 13.5M | 16.2M | 16.2M | 20.6M | 15.7M | 23M | 16.5M | 19.2M | 19.5M | 19M | 25.4M | 31.7M |
| Operating income | -12.9M | -17.3M | -17.9M | -21.7M | -15M | -22.6M | -15.6M | -18.1M | -18.2M | -17.4M | -22.7M | -28.9M |
| Operating margin | -219.8% | -234.9% | -215.1% | -309.3% | -214.1% | -301% | -1.7K% | -1.3K% | -1.2K% | -929.1% | -703.6% | -854% |
| Non-operating income, net | 2.4M | -117K | 502K | 2M | -6K | 47K | -1K | -13K | -12K | -11K | -3K | -10K |
| Pretax income | -11.2M | -17.9M | -17.8M | -20.1M | -15.7M | -23.3M | -12.1M | -15M | -15.5M | -15.1M | -18.3M | -24.1M |
| Income tax | 1K | -2.4M | -28K | 1K | 2K | 2K | — | — | — | — | — | — |
| Net income | -11.2M | -15.5M | -17.8M | -20.1M | -15.7M | -23.3M | -12.1M | -15M | -15.5M | -15.1M | -18.3M | -24.1M |
| Net margin | -190.2% | -211.3% | -213.2% | -287.5% | -223.9% | -310.4% | -1.3K% | -1K% | -983.7% | -809.5% | -567.9% | -713.5% |
| EBITDA | -12.6M | -14M | -11.4M | -20.5M | -11.7M | -19.3M | -15.2M | -17.7M | -17.6M | -16.7M | -22.1M | -28M |
| EPS | -0.19 | -0.23 | -0.25 | -0.28 | -0.21 | -0.26 | — | -0.43 | — | — | -0.38 | -0.44 |
| Diluted EPS | -0.19 | -0.23 | -0.25 | -0.28 | -0.21 | -0.26 | — | -0.43 | — | — | -0.38 | -0.44 |
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 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market cap | — | — | — | — | — | — | — | — | — | — | 1.1B |
| Enterprise value | — | — | — | — | — | — | — | — | — | — | 574.6M |
| Shares outstanding | 13.3M | 17M | 20.9M | 27.5M | 33.7M | 43.4M | 54.2M | — | 34.9M | 52.5M | 52.5M |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | — | — | — | — | -16 |
| P/S | — | — | — | — | — | — | — | — | — | — | 107.4 |
| P/B | — | — | — | — | — | — | — | — | — | — | 2.22 |
| EV/EBITDA | — | — | — | — | — | — | — | — | — | — | -6.81 |
| EV/Sales | — | — | — | — | — | — | — | — | — | — | 57.1 |
| Earnings yield | — | — | — | — | — | — | — | — | — | — | -6.27% |
| FCF yield | — | — | — | — | — | — | — | — | — | — | -5.92% |
| PEG | — | — | — | — | — | — | — | — | — | — | -10.3 |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross margin | — | — | 15.6% | 29.8% | -34.9% | -60.9% | -27% | — | — | — | — |
| Operating margin | — | -2.2K% | -1.8K% | -1.9K% | -1.8K% | -625.5% | -394.5% | — | -3.5K% | -1.1K% | -854% |
| Net margin | — | -2K% | -1.8K% | -2K% | -2K% | -667.2% | -385.6% | — | -3K% | -980.9% | 0% |
| ROE | -202% | -65.5% | -157% | -112.7% | -87.1% | -37.6% | -57.2% | 61.9% | 50.1% | 43.6% | 43.6% |
| ROA | -119% | -54.4% | -74.2% | -61% | -50.6% | -35.3% | -36.7% | -23.4% | -13.5% | -24.1% | -24.1% |
| ROIC | — | — | — | — | — | -140% | -89.3% | — | — | — | — |
| Return on tangible assets | -122.9% | -55.6% | -75.5% | -62% | -51.4% | -35.7% | -46.5% | -23.4% | -13.5% | -24.1% | -13.1% |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current ratio | 7.82 | 7.42 | 6 | 8.66 | 7.54 | 12.8 | 7.25 | 16.1 | 16 | 7.37 | 16.3 |
| Quick ratio | 7.74 | 7.28 | 5.98 | 8.64 | 7.52 | 12.6 | 6.92 | 16.1 | 16 | 7.37 | 16.3 |
| Debt / equity | — | — | 0.83 | 0.7 | 0.58 | 0 | 0.43 | -0.29 | -0.14 | -0.08 | 0.02 |
| Debt / assets | — | — | 0.39 | 0.38 | 0.33 | 0 | 0.28 | 0.11 | 0.04 | 0.04 | 0.02 |
| Net debt / EBITDA | — | — | 0.17 | 0.47 | 0.71 | 2.41 | 0.68 | 2.46 | 5.65 | 2.97 | 6 |
| Interest coverage | — | — | — | — | — | -7.61 | -791.6 | — | — | — | — |
| Effective tax rate | — | — | — | — | — | 0% | 0% | — | — | — | — |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue per share | 0 | 0.03 | 0.06 | 0.05 | 0.05 | 0.15 | 0.28 | — | 0.04 | 0.12 | 0.38 |
| EPS (basic) | -0.4 | -0.58 | -1.04 | -1.06 | -1.07 | -1.02 | -1.09 | — | -1.26 | -1.21 | -1.21 |
| EPS (diluted) | -0.4 | -0.58 | -1.04 | -1.06 | -1.07 | -1.02 | -1.09 | — | -1.26 | -1.21 | -1.32 |
| Book value per share | 0.2 | 0.88 | 0.66 | 0.94 | 1.23 | 2.7 | 1.91 | — | -2.52 | -2.78 | 8.76 |
| FCF per share | -0.26 | -0.43 | -1.01 | -0.82 | -0.93 | -0.96 | -1.35 | — | 0.34 | -1.4 | -1.53 |
| Cash per share | 0.31 | 0.57 | 0.71 | 1.09 | 1.31 | 2.03 | 1.49 | — | 8.52 | 4.32 | 9.3 |
| Capex per share | 0.01 | 0.1 | 0.33 | 0.17 | 0.29 | 0.29 | 0.51 | — | 0.08 | — | — |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Capex / revenue | — | 334% | 574.7% | 326.9% | 541.3% | 188% | 178.3% | — | 192.5% | — | — |
| Capex / operating cash flow | -4.46% | -27% | -44.4% | -25.9% | -42.6% | -42.9% | -57% | -14.2% | 16.7% | — | — |
| Payout ratio | — | — | — | — | — | — | — | — | — | — | 0% |
| — |
| FY23 | — | -$1 | — | — | $27.1M | — |
| FY22 | — | -$1.09 | — | — | $15.3M | — |
| FY21 | — | -$1.02 | — | — | $6.6M | — |
| FY20 | — | -$1.07 | — | — | $1.8M | — |
| FY19 | — | -$1.06 | — | — | $1.4M | — |
| FY18 | — | -$1.04 | — | — | $1.2M | — |
| Period | Q2 23 | Q3 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $5.9M | $7.4M | $8.3M | $7M | $7M | $7.5M | $933K | $1.4M | $1.6M | $1.9M | $3.2M | $3.4M |
| YoY change | +59.7% | +59.7% | +60.1% | +25.8% | +19.6% | +2.09% | -88.8% | -79.3% | -79% | +100.4% | +123% | — |
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 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 4.2M | 9.6M | 14.8M | 30.1M | 44.3M | 88.3M | 80.5M | 97.9M | 297.2M | 226.8M |
| Receivables | — | 0 | 215K | 285K | 351K | 1.2M | 3.8M | — | — | — |
| Inventory | 43.5K | 188.5K | 58K | 94K | 136K | 1.4M | 4.1M | — | — | — |
| Total current assets | 4.3M | 10M | 15.9M | 31.7M | 46.2M | 93.2M | 91.7M | 100.2M | 300.9M | 230.3M |
| Property, plant & equipment | 207K | 4.9M | 9.8M | 12.2M | 21.3M | 28.2M | 49.3M | 20.9M | 20.9M | 27.2M |
| Goodwill & intangibles | 142.5K | 413.1K | 528K | 776K | 1.1M | 1.1M | 34.1M | — | — | — |
| Total assets | 4.5M | 18.1M | 29.3M | 47.9M | 71.4M | 125M | 161.3M | 122.4M | 326.2M | 264.9M |
| Accounts payable | 73.4K | 494.5K | 139K | 248K | 2.1M | 1.2M | 3.6M | 957K | 1.9M | 1.7M |
| Short-term debt | — | — | — | — | 231K | 270K | 313K | 1.5M | 1.3M | 1.3M |
| Total current liabilities | 543.6K | 1.4M | 2.6M | 3.7M | 6.1M | 7.3M | 12.7M | 6.2M | 18.8M | 31.2M |
| Long-term debt | — | — | 11.5M | 18.2M | 23.7M | 202K | 44.5M | 11.9M | 10.7M | 10.2M |
| Total liabilities | 1.9M | 3.1M | 15.5M | 22M | 29.9M | 7.6M | 57.9M | 168.7M | 414M | 411M |
| Shareholders' equity | 2.7M | 15M | 13.8M | 26M | 41.5M | 117.4M | 103.4M | -46.3M | -87.8M | -146.1M |
| Total debt | — | — | 11.5M | 18.2M | 23.9M | 472K | 44.9M | 13.4M | 12M | 11.5M |
| Net debt | — | — | -3.4M | -11.8M | -20.4M | -87.8M | -35.6M | -16.1M | -25.1M | -26.2M |
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 | Q2 23 | Q3 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 46.6M | 52.7M | 43.1M | 25.8M | 12.9M | 15.2M | 297.2M | 312.4M | 246.2M | 226.8M | 538.5M | 517.3M |
| Receivables | 3.2M | 4.2M | 4.8M | 3.9M | 4.8M | 4.4M | — | — | — | — | — | — |
| Inventory | 5.8M | 7.6M | 7.5M | 6.2M | 5.5M | 5.1M | — | — | — | — | — | — |
| Total current assets | 60.3M | 68.2M | 59.8M | 38.6M | 26M | 28.6M | 300.9M | 315.4M | 249.4M | 230.3M | 543.9M | 524.5M |
| Property, plant & equipment | 46.8M | 50M | 50.2M | 50.1M | 48M | 44.4M | 20.9M | 19.4M | 24.3M | 27.2M | 28.1M | 28.2M |
| Goodwill & intangibles | 32.6M | 60.8M | 59.6M | 58.2M | 56.9M | 39.5M | — | — | — | — | — | — |
| Total assets | 132.3M | 157.5M | 148.9M | 127.1M | 111.9M | 102.6M | 326.2M | 337.1M | 279M | 264.9M | 576.8M | 557.6M |
| Accounts payable | 2.6M | 3.1M | 4M | 6M | 3.2M | 4.8M | 1.9M | 702K | 2.4M | 1.7M | 1.2M | 2.5M |
| Short-term debt | 271K | 415K | 439K | 460K | 478K | 2.2M | 1.3M | 1.5M | 1.4M | 1.3M | 1.4M | 1.5M |
| Total current liabilities | 8.8M | 11.8M | 17.6M | 15.9M | 14.3M | 18.2M | 18.8M | 17M | 26.9M | 31.2M | 27.9M | 32.1M |
| Long-term debt | 44M | 45.1M | 45M | 43.3M | 43.7M | 42.3M | 10.7M | 10.9M | 10.5M | 10.2M | 10.1M | 9.8M |
| Total liabilities | 53.2M | 57M | 62.7M | 59.4M | 58.1M | 60.7M | 414M | 413.9M | 411.4M | 411M | 70.7M | 72.8M |
| Shareholders' equity | 79.1M | 100.5M | 86.2M | 67.8M | 53.8M | 41.9M | -87.8M | -76.8M | -132.4M | -146.1M | 506.1M | 484.8M |
| Total debt | 44.3M | 45.5M | 45.4M | 43.8M | 44.2M | 44.5M | 12M | 12.4M | 11.9M | 11.5M | 11.6M | 11.2M |
| Net debt | -2.3M | -7.2M | 2.3M | 18M | 31.3M | 29.3M | -25.1M | -212.2M | -168.4M | -26.2M | -360.1M | -71.3M |
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 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net income | -5.4M | -9.8M | -21.7M | -29.2M | -36.1M | -44.2M | -59.2M | -28.6M | -44M | -63.7M |
| Depreciation & amortization | 38.2K | 110.1K | 1.3M | 2.5M | 3.2M | 4.9M | 8.1M | 1.1M | 1.6M | 2.3M |
| Stock-based compensation | 849.6K | 4.6M | 5.5M | 7.2M | 6.7M | 8.2M | 10.2M | 1.5M | 2.3M | 5.1M |
| Change in working capital | -43.5K | -77.2K | -371K | -883K | -336K | -2.9M | -7.6M | -53K | 57.3M | -4.6M |
| Operating cash flow | -3.6M | -6M | -15.7M | -18.2M | -22.8M | -29M | -48M | -26.1M | 17.2M | -64.1M |
| Capital expenditure | -160.2K | -1.6M | -6.9M | -4.7M | -9.7M | -12.4M | -27.4M | -3.7M | -2.9M | — |
| Investing cash flow | -160.2K | -4.5M | -6.9M | -4.7M | -9.7M | -12.5M | -34.9M | -68.8M | -190.4M | 75.5M |
| Dividends paid | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | 3.3M | 15.4M | 26.3M | 37.5M | 44.7M | 82.8M | 71.2M | 0 | 183.1M | -1.5M |
| Net change in cash | -420.7K | 4.9M | 3.7M | 14.7M | 12.3M | 41.4M | -11.7M | -94.9M | 9.9M | 9.9M |
| Free cash flow | -3.5M | -7.2M | -21.2M | -22.6M | -31.3M | -41.8M | -72.9M | -33.8M | 11.9M | -73.7M |
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 | Q2 23 | Q3 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income | -11.2M | -15.5M | -17.8M | -20.1M | -15.7M | -23.3M | -12.1M | -15M | -15.5M | -15.1M | -18.3M | -24.1M |
| Depreciation & amortization | 2.7M | 3.2M | 3.2M | 3.1M | 3.3M | 3.4M | 441K | 484K | 598K | 695K | 652K | 879K |
| Stock-based compensation | 1.9M | 3.2M | 2M | 1.9M | 316K | 945K | 1.1M | 1.2M | 1.3M | 1.1M | 3M | 3.2M |
| Change in working capital | -1.9M | -490K | -1M | 3.5M | -42K | 686K | -646K | -844K | -328K | -1.4M | -6.4M | -2.5M |
| Operating cash flow | -8.5M | -9.8M | -12.3M | -11.5M | -10.6M | -18.1M | -11.2M | -17.5M | -15.2M | -15.2M | -24.2M | -20.6M |
| Capital expenditure | -3.2M | -2.1M | -1.2M | -4.2M | -1.6M | -291K | -2.2M | — | — | — | — | — |
| Investing cash flow | -3.2M | -15.9M | -1.2M | -4.2M | -1.6M | -291K | -172.9M | 40.9M | 87.2M | -122.3M | 22.4M | -267.4M |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | 0 | 32M | 0 | — | — | — | -1.9M | -518K | 0 | -1M | 337.5M | 0 |
| Net change in cash | -11.7M | 6.3M | -13.5M | -15.7M | -12.3M | -18.3M | -186M | 22.9M | 72M | -138.6M | 335.7M | -288M |
| Free cash flow | -14.4M | -12.1M | -9.9M | -17.3M | -13M | -8.1M | -15M | -19.4M | -17.2M | -19.4M | -26.1M | -21.8M |