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 % |
|---|---|---|---|---|---|---|
| Q4 25 | $0.93 | $1.58 | +69.9% | — | $108.2M | — |
| Q3 25 | -$1.25 | $0.52 | +141.6% | — | $76.3M | — |
| Q2 25 | -$1.58 | -$1.34 | +15.2% | — | $22.3M | — |
| Q1 25 | -$1.46 | -$1.28 | +12.3% | — | $27.8M | — |
| Q4 24 | -$1.7 | -$0.72 | +57.6% | — | $43.1M | — |
| Q3 24 | -$1.61 | -$1.14 | +29.2% | — | $30M | — |
| Q2 24 | -$0.93 | -$1.71 | -83.9% | — | $11M | — |
| Q1 24 | -$1.6 | -$1.64 | -2.5% | — | $7.2M | — |
| Q4 23 | -$1.49 | -$1.59 | -6.7% | — | $9M | — |
| Q3 23 | -$1.79 | -$1.41 | +21.2% | — | $3.3M | — |
| Q2 23 | -$1.7 | -$1.5 | +11.8% | — | $3.5M | — |
| Q1 23 | -$1.05 | -$1.58 | -50.5% | — | $1.4M | — |
| Q4 22 | -$0.96 | -$0.93 | +3.1% | — | $6.8M | — |
| Q3 22 | -$0.72 | -$1.18 | -63.9% | — | $1.3M | — |
| Q2 22 | -$1.02 | -$1.15 | -12.7% | — | $1.2M | — |
| Q1 22 | -$0.99 | -$1.31 | -32.3% | — | $970K | — |
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 | — | -$0.46 | — | — | $234.6M | — |
| FY24 | — | -$5.12 | — | — | $91.3M | — |
| FY23 | — | -$6.08 | — | — | $17.2M | — |
| FY22 | — | -$4.57 | — | — | $10.3M |
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 | $16.7M | $10M | $5M | $8M | $75M | $63.2M | $10.3M | $17.2M | $91.3M | $234.6M |
| YoY change | -5.05% | -40.1% | -50% | +60% | +837.5% | -15.8% | -83.7% | +66.8% | +432% | +157% |
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 | 16.7M | 10M | 5M | 8M | 75M | 63.2M | 10.3M | 17.2M | 91.3M | 234.6M |
| Cost of revenue | — | — | — | — | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — | — | — | — | — |
| Gross margin | — | — | — | — | — | — | — | — | — | — |
| Research & development | 15.4M | 29.4M | 56.2M | 99.3M | 80M | 98.5M | 88.8M | 132.3M | 163.8M | 136M |
| Selling, general & administrative | 4.3M | 9.3M | 15.5M | 16.1M | 18.9M | 21.5M | 36.6M | 41.9M | 42.4M | 50.7M |
| Operating expenses | 19.7M | 38.8M | 71.7M | 115.4M | 98.9M | 120M | 125.4M | 174.2M | 206.2M | 186.7M |
| Operating income | -3M | -28.8M | -66.7M | -107.4M | -23.9M | -56.8M | -115.2M | -157.1M | -114.9M | 47.9M |
| Operating margin | -18.1% | -287.8% | -1.3K% | -1.3K% | -31.8% | -89.9% | -1.1K% | -915.5% | -125.9% | 20.4% |
| Non-operating income, net | -903K | -1.1M | -159K | 1K | -11K | 37K | 12K | -7.3M | 14K | 5.4M |
| Pretax income | -4.3M | -30.1M | -61.8M | -97.5M | -19.9M | -57.8M | -128.7M | -163.6M | -145.2M | -13.1M |
| Income tax | 0 | 0 | -192K | -152K | 0 | 0 | 24K | -4K | 3K | 164K |
| Net income | -4.3M | -30.1M | -61.7M | -97.3M | -19.9M | -57.8M | -128.7M | -163.6M | -145.2M | -13.2M |
| Net margin | -25.5% | -300.7% | -1.2K% | -1.2K% | -26.6% | -91.5% | -1.3K% | -953.7% | -159.1% | -5.64% |
| EBITDA | -2.8M | -26.7M | -59.9M | -95M | -18.3M | -54.3M | -105.3M | -135.8M | -92.7M | 69.2M |
| EPS | -0.23 | -1.52 | -2.5 | -3.6 | -0.73 | -2.11 | -4.57 | -6.08 | -5.12 | -0.46 |
| Diluted EPS | -0.23 | -1.52 | -2.5 | -3.6 | -0.73 | -2.11 | -4.57 | -6.08 | -5.12 | -0.46 |
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 | Q2 25 | Q3 25 | Q4 25 | Q1 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 3.5M | 3.3M | 9M | 7.2M | 11M | 30M | 43.1M | 27.8M | 22.3M | 76.3M | 108.2M | 25.6M |
| Cost of revenue | — | — | — | — | — | — | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — | — | — | — | — | — | — |
| Gross margin | — | — | — | — | — | — | — | — | — | — | — | — |
| Research & development | 32.9M | 30.9M | 33.5M | 37M | 42M | 42.2M | 42.6M | 41.2M | 37.8M | 31.4M | 25.6M | 34M |
| Selling, general & administrative | 10.7M | 10.2M | 10.3M | 12.3M | 9.3M | 10.6M | 10.2M | 14.1M | 10.6M | 10.2M | 15.8M | 26.2M |
| Operating expenses | 43.6M | 41M | 43.8M | 49.4M | 51.3M | 52.8M | 52.8M | 55.3M | 48.4M | 41.6M | 41.3M | 60.2M |
| Operating income | -40.1M | -37.7M | -34.8M | -42.2M | -40.3M | -22.8M | -9.7M | -27.5M | -26.2M | 34.7M | 66.9M | -34.6M |
| Operating margin | -1.2K% | -1.1K% | -386.4% | -587.8% | -367.5% | -75.8% | -22.4% | -99.2% | -117.5% | 45.5% | 61.8% | -135.5% |
| Non-operating income, net | 3K | 1K | — | -2K | — | -5K | 21K | 1.9M | 3.5M | — | -3K | -1K |
| Pretax income | -39.8M | -37.3M | -42.2M | -43.9M | -46.7M | -32.9M | -21.8M | -39.3M | -38.6M | 15.1M | 49.7M | -52.8M |
| Income tax | 0 | 0 | — | — | 9K | 0 | -6K | 44K | 39K | 0 | 81K | 40K |
| Net income | -39.8M | -37.3M | -42.2M | -43.9M | -46.7M | -32.9M | -21.8M | -39.3M | -38.6M | 15.1M | 49.6M | -52.9M |
| Net margin | -1.2K% | -1.1K% | -468.8% | -612% | -425.3% | -109.4% | -50.5% | -141.6% | -173.5% | 19.8% | 45.8% | -206.9% |
| EBITDA | -34.9M | -32.3M | -36.7M | -37M | -35.1M | -16.8M | -3.8M | -20.6M | -18.4M | 38.2M | 70M | -31.4M |
| EPS | -1.5 | -1.41 | — | -1.64 | -1.71 | -1.14 | -0.72 | -1.28 | -1.34 | 0.54 | 1.79 | -1.84 |
| Diluted EPS | -1.5 | -1.41 | — | -1.64 | -1.71 | -1.14 | -0.72 | -1.28 | -1.34 | 0.52 | 1.58 | -1.84 |
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 | — | 1.3B | — | 293.1M | 391.3M | 635.5M | 581.9M | 384.5M | 250.5M | 929.5M | 1.5B |
| Enterprise value | — | 1.1B | — | -78.2M | -2M | 108.3M | 160.1M | 11.4M | -118.8M | 631.9M | 1.6B |
| Shares outstanding | 18.2M | 19.8M | 24.7M | 27.1M | 27.3M | 27.4M | 28.2M | 26.9M | 28.4M | 28.8M | 28.8M |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | — | — | — | — | -110.5 |
| P/S | — | 132.8 | — | 36.6 | 5.22 | 10.1 | 56.6 | 22.4 | 2.74 | 3.96 | 14.3 |
| P/B | — | 4.32 | — | 0.72 | 0.99 | 1.78 | 2.22 | 4.36 | 3.54 | 25 | 142.9 |
| EV/EBITDA | — | -40.9 | — | 0.82 | 0.11 | -2 | -1.52 | -0.08 | 1.28 | 9.13 | 24.8 |
| EV/Sales | — | 109.4 | — | -9.77 | -0.03 | 1.71 | 15.6 | 0.66 | -1.3 | 2.69 | 15.4 |
| Earnings yield | — | — | — | — | — | — | — | — | — | — | -0.9% |
| FCF yield | — | -1.49% | — | -24% | -3.76% | -7.44% | -12.7% | -31.6% | -54.2% | 2.11% | -0.87% |
| PEG | — | — | — | — | — | — | — | — | — | — | -2.53 |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating margin | -18.1% | -287.8% | -1.3K% | -1.3K% | -31.8% | -89.9% | -1.1K% | -915.5% | -125.9% | 20.4% | 53.4% |
| Net margin | -25.5% | -300.7% | -1.2K% | -1.2K% | -26.6% | -91.5% | -1.3K% | -953.7% | -159.1% | -5.64% | 247% |
| ROE | -10.8% | -9.78% | -12.7% | -24% | -5.02% | -16.2% | -49.1% | -185.7% | -204.9% | -35.6% | -35.6% |
| ROA | -6.85% | -9.13% | -12.1% | -22.4% | -4.78% | -8.99% | -21.1% | -36.2% | -30% | -3.63% | -3.63% |
| ROIC | -163.9% | -39.1% | -98.8% | -319% | -698.2% | 33.3% | 72.1% | 55.1% | 38.5% | -18.4% | -15.7% |
| Return on tangible assets | -6.85% | -9.13% | -12.1% | -22.4% | -4.78% | -8.99% | -21.1% | -36.2% | -30% | -3.63% | -8.13% |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current ratio | 10.2 | 17.9 | 19.9 | 12.8 | 20 | 34.4 | 17.2 | 10.9 | 9.51 | 9.07 | 5.61 |
| Quick ratio | 10.2 | 17.9 | 19.9 | 12.8 | 20 | 34.4 | 17.2 | 10.9 | 9.51 | 9.07 | 7.58 |
| Debt / equity | 0.35 | 0.05 | 0.02 | 0.01 | 0 | 0.06 | 0.07 | 0.2 | 0.23 | 0.38 | 25.5 |
| Debt / assets | 0.22 | 0.04 | 0.02 | 0.01 | 0 | 0.03 | 0.03 | 0.04 | 0.03 | 0.04 | 0.04 |
| Net debt / EBITDA | 13.3 | 8.75 | 6.99 | 3.91 | 21.5 | 9.72 | 4.01 | 2.75 | 3.98 | -4.3 | -4.66 |
| Interest coverage | -8.3 | -15.9 | -36.4 | -92.6 | — | -38.9 | -5.1 | -8.05 | -1.9 | 0.84 | 0.68 |
| Effective tax rate | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue per share | 0.92 | 0.51 | 0.2 | 0.3 | 2.75 | 2.3 | 0.37 | 0.64 | 3.22 | 8.16 | 3.66 |
| EPS (basic) | -0.23 | -1.52 | -2.5 | -3.6 | -0.73 | -2.11 | -4.57 | -6.08 | -5.12 | -0.46 | -0.46 |
| EPS (diluted) | -0.23 | -1.52 | -2.5 | -3.6 | -0.73 | -2.11 | -4.57 | -6.08 | -5.12 | -0.46 | -1.02 |
| Book value per share | 2.16 | 15.5 | 19.7 | 15 | 14.5 | 13 | 9.31 | 3.27 | 2.5 | 1.29 | 0.36 |
| FCF per share | -0.5 | -1 | -2.01 | -2.6 | -0.54 | -1.72 | -2.63 | -4.52 | -4.78 | 0.68 | 0.15 |
| Cash per share | 2.82 | 12.6 | 17.3 | 13.8 | 14.4 | 20 | 15.7 | 14.5 | 13.6 | 10.8 | 5.49 |
| Capex per share | 0 | 0.01 | 0.04 | 0.03 | 0.02 | 0.05 | 0.01 | 0.03 | 0.01 | — | — |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Capex / revenue | 0.3% | 2.9% | 21.3% | 10.1% | 0.76% | 2.14% | 3.48% | 4.7% | 0.39% | — | — |
| Capex / operating cash flow | -0.57% | -1.53% | -2.53% | -1.14% | -3.63% | -3.03% | -0.51% | -0.76% | -0.28% | — | — |
| Payout ratio | — | — | — | — | — | — | — | — | — | — | 0% |
| — |
| FY21 | — | -$2.11 | — | — | $63.2M | — |
| FY20 | — | -$0.73 | — | — | $75M | — |
| FY19 | — | -$3.6 | — | — | $8M | — |
| FY18 | — | -$2.5 | — | — | $5M | — |
| FY17 | — | -$1.52 | — | — | $10M | — |
| FY16 | — | -$0.23 | — | — | $16.7M | — |
| Period | Q2 23 | Q3 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.5M | $3.3M | $9M | $7.2M | $11M | $30M | $43.1M | $27.8M | $22.3M | $76.3M | $108.2M | $25.6M |
| YoY change | +184.5% | +156.6% | +32.3% | +422.5% | +217.1% | +804.7% | +378.8% | +286.8% | +102.9% | +154.3% | +151.1% | -7.98% |
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 | 51.2M | 248.4M | 427.1M | 374.2M | 393.7M | 548.1M | 441.2M | 390.9M | 385.4M | 311.6M |
| Receivables | 1.2M | — | — | — | 0 | 876K | 1.4M | 6.9M | 40.8M | 33.9M |
| Inventory | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 58.2M | 252.7M | 434.2M | 377.7M | 396.6M | 553.9M | 447.2M | 406.8M | 431.9M | 350.3M |
| Property, plant & equipment | 471K | 665K | 1.4M | 1.6M | 2.1M | 21.8M | 20M | 18.3M | 16.2M | 13.9M |
| Goodwill & intangibles | — | — | — | — | — | — | — | — | — | — |
| Total assets | 62.2M | 329.4M | 509M | 435.2M | 416.6M | 643.1M | 610.4M | 452.4M | 483.8M | 364.4M |
| Accounts payable | 2.3M | 2.3M | 5.4M | 16.2M | 4.2M | 1.7M | 2.8M | 4.7M | 4M | 3.9M |
| Short-term debt | 1K | 6.9M | 7.6M | 2.2M | 342K | 1.5M | 1.6M | 1.8M | 1.9M | 2.1M |
| Total current liabilities | 5.7M | 14.1M | 21.8M | 29.5M | 19.8M | 16.1M | 26.1M | 37.4M | 45.4M | 38.6M |
| Long-term debt | 13.8M | 7.6M | 625K | 654K | 0 | 19.4M | 17.8M | 16M | 14.1M | 12M |
| Total liabilities | 22.9M | 21.8M | 22.6M | 30.2M | 19.8M | 286.6M | 348.3M | 364.3M | 413M | 327.2M |
| Shareholders' equity | 39.3M | 307.6M | 486.4M | 405M | 396.7M | 356.4M | 262.1M | 88.1M | 70.9M | 37.2M |
| Total debt | 13.8M | 14.4M | 8.3M | 2.9M | 342K | 21M | 19.4M | 17.8M | 16M | 14.1M |
| Net debt | -37.4M | -66.7M | -105.3M | -168.1M | -250.1M | -474.8M | -51.9M | -18.2M | -107M | -224.1M |
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 | Q2 25 | Q3 25 | Q4 25 | Q1 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 429.5M | 413M | 390.9M | 354.7M | 350.8M | 430.1M | 385.4M | 339.9M | 265.7M | 249M | 311.6M | 286.5M |
| Receivables | 3.2M | 3.3M | 6.9M | 7.1M | 9M | 12.2M | 40.8M | 17.9M | 21.4M | 75.7M | 33.9M | 25.7M |
| Inventory | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 438.5M | 428M | 406.8M | 372.4M | 367.4M | 448.7M | 431.9M | 363.1M | 291.9M | 330.6M | 350.3M | 316.1M |
| Property, plant & equipment | 19.1M | 18.9M | 18.3M | 17.7M | 17.1M | 16.6M | 16.2M | 15.7M | 15.1M | 14.5M | 13.9M | 13.3M |
| Goodwill & intangibles | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | 517.1M | 487.3M | 452.4M | 405.8M | 427.4M | 493.4M | 483.8M | 422.1M | 335.3M | 353.1M | 364.4M | 329.7M |
| Accounts payable | 4.8M | 6.5M | 4.7M | 4.6M | 4.9M | 3.6M | 4M | 6.1M | 3.3M | 2.9M | 3.9M | 7.5M |
| Short-term debt | 1.7M | 1.7M | 1.8M | 1.8M | 1.9M | 1.9M | 1.9M | 2M | 2M | 2M | 2.1M | 2.1M |
| Total current liabilities | 41.6M | 39.2M | 37.4M | 32.3M | 40.4M | 43.9M | 45.4M | 44M | 35.5M | 38.1M | 38.6M | 41.7M |
| Long-term debt | 16.9M | 16.5M | 16M | 15.6M | 15.1M | 14.6M | 14.1M | 13.6M | 13.1M | 12.6M | 12M | 11.5M |
| Total liabilities | 368.6M | 366.9M | 364.3M | 358.1M | 417.5M | 409.1M | 413M | 388M | 380M | 382.5M | 327.2M | 316.9M |
| Shareholders' equity | 148.4M | 120.4M | 88.1M | 47.8M | 9.9M | 84.4M | 70.9M | 34M | -44.7M | -29.4M | 37.2M | 12.7M |
| Total debt | 18.7M | 18.2M | 17.8M | 17.4M | 16.9M | 16.5M | 16M | 15.6M | 15.1M | 14.6M | 14.1M | 13.6M |
| Net debt | -16.6M | -8.1M | -18.2M | -36.3M | -54.9M | -175.1M | -107M | -83.1M | -29.2M | -95.2M | -224.1M | -234.9M |
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 | -4.3M | -30.1M | -61.7M | -97.3M | -19.9M | -57.8M | -128.7M | -163.6M | -145.2M | -13.2M |
| Depreciation & amortization | 233K | 183K | 315K | 1.4M | 1.6M | 2.1M | 2.3M | 2.4M | 2.4M | 2.4M |
| Stock-based compensation | 1.2M | 4.4M | 10M | 12.4M | 11.5M | 15.3M | 27.4M | 33.2M | 34M | 36.1M |
| Change in working capital | -5.9M | 6M | 8.6M | 12.4M | -8.9M | -5.7M | 7.7M | 3.9M | -69.5M | -82.3M |
| Operating cash flow | -8.7M | -18.9M | -42.1M | -70.5M | -15.7M | -44.6M | -70.3M | -106.1M | -128.2M | 19.7M |
| Capital expenditure | -50K | -290K | -1.1M | -805K | -569K | -1.4M | -358K | -807K | -358K | — |
| Investing cash flow | -50K | -243.1M | -142.5M | 131.4M | 94.5M | 38.8M | -394.8M | 144.8M | 95.4M | 228.1M |
| Dividends paid | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | -1K | 0 | 0 | — | — | 0 | 0 | -50M | -456K | -68.6M |
| Financing cash flow | 8.6M | 290.9M | 213.5M | -12M | -2.3M | 252.3M | 44M | -59.3M | 134.6M | -131.2M |
| Net change in cash | -161K | 28.9M | 29M | 49M | 76.5M | 246.5M | -421.1M | -20.6M | 101.7M | 116.7M |
| Free cash flow | -9.1M | -19.7M | -49.6M | -70.3M | -14.7M | -47.3M | -74M | -121.6M | -135.7M | 19.6M |
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 | Q2 25 | Q3 25 | Q4 25 | Q1 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income | -39.8M | -37.3M | -42.2M | -43.9M | -46.7M | -32.9M | -21.8M | -39.3M | -38.6M | 15.1M | 49.6M | -52.9M |
| Depreciation & amortization | 587K | 592K | 604K | 605K | 595K | 596K | 601K | 606K | 601K | 610K | 606K | 610K |
| Stock-based compensation | 8.4M | 7.8M | 8.1M | 10.1M | 7.5M | 8.2M | 8.2M | 9.2M | 9.2M | 9.2M | 8.5M | 14.2M |
| Change in working capital | 4.5M | -3.2M | -5.5M | -5.8M | 5.7M | -276K | -69.1M | 1.9M | -26.3M | -73.3M | 18.9M | -10.2M |
| Operating cash flow | -21.9M | -27.7M | -34M | -32.7M | -21.9M | -8.9M | -64.7M | -9.6M | -40.2M | -27.4M | 98M | -25.9M |
| Capital expenditure | -190K | -162K | -280K | -27K | -33K | -35K | -263K | -35K | — | — | — | — |
| Investing cash flow | -20.5M | 30.6M | 49.2M | 68.6M | -2.4M | 58.6M | -29.4M | 14.8M | 36.4M | 103.3M | 73.5M | 35M |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | -12.5M | 0 | 0 | 0 | 0 | 0 | -456K | -4.4M | -51.1M | -9.7M | -3.4M | 0 |
| Financing cash flow | -13.5M | -3.1M | -5.2M | -6.1M | 41.9M | 71.2M | 27.6M | -27.1M | -50.5M | -10.4M | -43.1M | 1.2M |
| Net change in cash | -55.9M | -122K | 10M | 29.8M | 17.5M | 120.9M | -66.5M | -21.9M | -54.3M | 65.5M | 128.4M | 10.3M |
| Free cash flow | -25.6M | -36.6M | -34.6M | -37.3M | -21.4M | -10.1M | -66.9M | -10.7M | -40.3M | -27.4M | 98M | -25.9M |