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 | -$0.05 | -$0.07 | -40.0% | — | $120.9M | — |
| Q2 25 | -$0.14 | -$0.08 | +42.9% | — | $97.7M | — |
| Q1 25 | -$0.07 | -$0.17 | -142.9% | — | $74.1M | — |
| Q4 24 | — | $0.02 | — | — | $116.1M | — |
| Q2 24 | -$0.11 | -$0.07 | +36.4% | — | $73.2M | — |
| Q1 24 | -$0.16 | -$0.11 | +31.3% | — | $46M | — |
| Q4 23 | -$0.09 | -$0.12 | -33.3% | — | $34.4M | — |
| Q3 23 | -$0.11 | $0.03 | +127.3% | — | $56.4M | — |
| Q2 23 | -$0.11 | -$0.08 | +27.3% | — | $22.3M | — |
| Q1 23 | -$0.1 | -$0.13 | -30.0% | — | $11.4M | — |
| Q4 22 | — | $0.06 | — | — | $44.2M | — |
| Q3 22 | -$0.17 | -$0.14 | +17.6% | — | $5M | — |
| Q2 22 | -$0.19 | -$0.19 | 0.0% | — | $2.5M | — |
| Q1 22 | -$0.22 | -$0.21 | +4.5% | — | $468K | — |
| Q4 21 | -$0.3 | -$0.31 | -3.3% | — | $1M | — |
| Q3 21 | -$0.35 | -$0.42 | -20.0% | — | $1.2M | — |
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 | — | -$0.26 | — | — | $407.3M | — |
| FY24 | — | -$0.17 | — | — | $333.6M | — |
| FY23 | — | -$0.3 | — | — | $124.5M | — |
| FY22 | — | -$0.42 | — | — | $52.2M |
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 | $42M | $2.6M | $5.3M | $7.6M | $10.1M | $52.2M | $124.5M | $333.6M | $407.3M |
| YoY change | -100% | +InfinityT% | -93.8% | +102.6% | +43.4% | +33.4% | +416.6% | +138.6% | +168.1% | +22.1% |
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 | 42M | 2.6M | 5.3M | 7.6M | 10.1M | 52.2M | 124.5M | 333.6M | 407.3M |
| Cost of revenue | 0 | 8.4M | 466K | 600K | 145K | 1M | 4.1M | 17.8M | 50.6M | 39.5M |
| Gross profit | 0 | 33.6M | 2.1M | 4.7M | 7.4M | 9.1M | 48M | 106.7M | 283.1M | 367.8M |
| Gross margin | — | 80% | 82.1% | 88.6% | 98.1% | 90.1% | 92.1% | 85.7% | 84.8% | 90.3% |
| Research & development | 94.2M | 75.5M | 69.4M | 71.7M | 65.1M | 91.1M | 35.2M | 35.5M | 52.3M | 71.5M |
| Selling, general & administrative | 18.7M | 23.2M | 23.7M | 24.3M | 33.2M | 72.3M | 76.6M | 134.4M | 258.7M | 337.2M |
| Operating expenses | 112.9M | 98.7M | 93.1M | 95.9M | 98.2M | 163.4M | 111.8M | 169.9M | 311M | 408.8M |
| Operating income | -112.9M | -65.1M | -90.9M | -91.3M | -90.8M | -154.3M | -63.8M | -63.3M | -27.9M | -41M |
| Operating margin | — | -155% | -3.5K% | -1.7K% | -1.2K% | -1.5K% | -122.2% | -50.8% | -8.38% | -10.1% |
| Non-operating income, net | 508K | 2M | 3.2M | 2.4M | 1.6M | 687K | 1.6M | 6.6M | 9.2M | 8.7M |
| Pretax income | -112.4M | -63.2M | -91.3M | -94.6M | -94.3M | -158.2M | -67.2M | -65.5M | -38.9M | -60.6M |
| Income tax | 0 | 1.2M | 4K | 303K | 2K | 4K | 8K | 547K | 266K | 969K |
| Net income | -112.4M | -64.3M | -91.3M | -94.9M | -94.3M | -158.2M | -67.2M | -66.1M | -39.1M | -61.6M |
| Net margin | — | -153.2% | -3.5K% | -1.8K% | -1.2K% | -1.6K% | -128.9% | -53.1% | -11.7% | -15.1% |
| EBITDA | -111.1M | -60.5M | -85.1M | -86.4M | -86.7M | -150.9M | -61M | -55.4M | -16.7M | -29.2M |
| EPS | -2.8 | -1.36 | -1.62 | -1.47 | -1.05 | -1.52 | -0.42 | -0.3 | -0.17 | -0.26 |
| Diluted EPS | -2.8 | -1.36 | -1.62 | -1.47 | -1.05 | -1.52 | -0.42 | -0.3 | -0.17 | -0.26 |
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 | 56.4M | 34.4M | 46M | 73.2M | 98.2M | 116.1M | 74.1M | 97.7M | 110.3M | 125.2M | 94.5M | 120.9M |
| Cost of revenue | 7.7M | 5.1M | 7.1M | 9.4M | 15.7M | 18.3M | 12.3M | 12.4M | 4M | 10.8M | 4.8M | 5.8M |
| Gross profit | 48.7M | 29.3M | 38.9M | 63.8M | 82.5M | 97.9M | 61.8M | 85.3M | 106.3M | 114.4M | 89.7M | 115.1M |
| Gross margin | 86.4% | 85.2% | 84.5% | 87.1% | 84% | 84.3% | 83.4% | 87.3% | 96.4% | 91.3% | 94.9% | 95.2% |
| Research & development | 8.6M | 9.5M | 10.6M | 12.8M | 15.3M | 13.7M | 14.9M | 15.7M | 18.1M | 22.9M | 20.2M | 26.1M |
| Selling, general & administrative | 32.7M | 47.7M | 53M | 64.7M | 65M | 76.1M | 83.2M | 84M | 83.6M | 86.4M | 102.3M | 101.4M |
| Operating expenses | 41.3M | 57.3M | 63.6M | 77.4M | 80.3M | 89.7M | 98.2M | 99.7M | 101.7M | 109.3M | 122.5M | 127.5M |
| Operating income | 7.4M | -28M | -24.7M | -13.6M | 2.2M | 8.1M | -36.3M | -14.4M | 4.7M | 5.1M | -32.8M | -12.4M |
| Operating margin | 13.1% | -81.4% | -53.6% | -18.6% | 2.27% | 7% | -49% | -14.7% | 4.23% | 4.07% | -34.7% | -10.3% |
| Non-operating income, net | 1.5M | 2.3M | 2.3M | 2.1M | 2.3M | 2.4M | 2.3M | 1.9M | 2.4M | 2.1M | 2.1M | 2M |
| Pretax income | 6.8M | -28.5M | -26.4M | -16.4M | -766K | 4.7M | -40.3M | -19.1M | -867K | -400K | -37.6M | -16.6M |
| Income tax | 200K | 333K | 121K | 67K | 43K | 35K | 859K | 1K | 102K | 7K | 8K | 110K |
| Net income | 6.6M | -28.8M | -26.5M | -16.5M | -809K | 4.6M | -41.1M | -19.1M | -969K | -407K | -37.6M | -16.7M |
| Net margin | 11.8% | -83.8% | -57.6% | -22.5% | -0.82% | 4% | -55.5% | -19.5% | -0.88% | -0.33% | -39.8% | -13.8% |
| EBITDA | 9.1M | -25.3M | -21.9M | -10.9M | 5.1M | 11M | -33.4M | -11.9M | 8M | 8.1M | -29.8M | -9.8M |
| EPS | 0.03 | — | -0.11 | -0.07 | -0 | 0.02 | -0.17 | -0.08 | 0 | 0 | -0.15 | -0.07 |
| Diluted EPS | 0.03 | — | -0.11 | -0.07 | -0 | 0.02 | -0.17 | -0.08 | 0 | 0 | -0.15 | -0.07 |
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 | — | — | — | — | — | — | — | — | 1.2B | 1.4B | 880.4M |
| Enterprise value | — | — | — | — | — | — | — | — | 1.1B | 1.3B | 852.9M |
| Shares outstanding | 40.1M | 47.4M | 56.2M | 64.5M | 89.6M | 104.2M | 158.7M | 219.3M | 235.2M | 241M | 241M |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | — | — | — | — | -13.1 |
| P/S | — | — | — | — | — | — | — | — | 3.57 | 3.45 | 1.96 |
| P/B | — | — | — | — | — | — | — | — | 6.88 | 8.42 | 5.72 |
| EV/EBITDA | — | — | — | — | — | — | — | — | -65.6 | -46.2 | -26.6 |
| EV/Sales | — | — | — | — | — | — | — | — | 3.29 | 3.31 | 1.89 |
| Earnings yield | — | — | — | — | — | — | — | — | — | — | -7.64% |
| FCF yield | — | — | — | — | — | — | — | — | -3.84% | -3.13% | 2.32% |
| PEG | — | — | — | — | — | — | — | — | — | — | 1.05 |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross margin | — | 80% | 82.1% | 88.6% | 98.1% | 90.1% | 92.1% | 85.7% | 84.8% | 90.3% | 95.2% |
| Operating margin | — | -155% | -3.5K% | -1.7K% | -1.2K% | -1.5K% | -122.2% | -50.8% | -8.38% | -10.1% | -10.3% |
| Net margin | — | -153.2% | -3.5K% | -1.8K% | -1.2K% | -1.6K% | -128.9% | -53.1% | -11.7% | -15.1% | -12.4% |
| ROE | -58.2% | -46.2% | -78.8% | -50.9% | -74.8% | -191.4% | -68.3% | -39.6% | -22.6% | -36.9% | -38.6% |
| ROA | -52.7% | -40.7% | -49.8% | -36.5% | -46.8% | -105.5% | -35.4% | -22.2% | -8.98% | -12.3% | -4.25% |
| ROIC | 1.5K% | -1.2K% | 3K% | 1.5K% | 1.3K% | -1.4K% | -586% | -164.4% | -36.5% | -37.2% | -28.7% |
| Return on tangible assets | -52.7% | -40.7% | -49.8% | -36.5% | -46.8% | -105.5% | -35.4% | -22.2% | -8.98% | -12.3% | -9.67% |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current ratio | 10.6 | 8.38 | 9.95 | 11.3 | 6.85 | 2.53 | 2.34 | 4.88 | 4.58 | 4.31 | 3.34 |
| Quick ratio | 10.6 | 8.38 | 9.95 | 11.3 | 6.85 | 2.53 | 2.29 | 4.64 | 4.31 | 4.11 | 3.15 |
| Debt / equity | — | — | 0.42 | 0.29 | 0.42 | 0.55 | 0.37 | 0.34 | 0.89 | 1.25 | 1.9 |
| Debt / assets | — | — | 0.27 | 0.21 | 0.26 | 0.3 | 0.19 | 0.19 | 0.35 | 0.41 | 0.44 |
| Net debt / EBITDA | — | — | 1.4 | 2.23 | 1.54 | 0.47 | 1.43 | 2.32 | 5.78 | 1.94 | 1.09 |
| Interest coverage | — | — | -24.8 | -15.5 | -17.5 | -34.1 | -12.2 | -6.38 | -0.93 | -1.14 | -0.93 |
| 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 | 0.89 | 0.05 | 0.08 | 0.08 | 0.1 | 0.33 | 0.57 | 1.42 | 1.69 | 1.84 |
| EPS (basic) | -2.8 | -1.36 | -1.62 | -1.47 | -1.05 | -1.52 | -0.42 | -0.3 | -0.17 | -0.26 | -0.26 |
| EPS (diluted) | -2.8 | -1.36 | -1.62 | -1.47 | -1.05 | -1.52 | -0.42 | -0.3 | -0.17 | -0.26 | -0.23 |
| Book value per share | 4.81 | 2.94 | 2.06 | 2.89 | 1.41 | 0.79 | 0.62 | 0.76 | 0.74 | 0.69 | 0.6 |
| FCF per share | -2.43 | -1.42 | -1.26 | -1.19 | -0.91 | -1.48 | -0.44 | -0.41 | -0.19 | -0.18 | -0.07 |
| Cash per share | 5.01 | 2.82 | 2.99 | 3.84 | 2.08 | 1.12 | 0.78 | 0.84 | 1.06 | 1.1 | 1.13 |
| Capex per share | 0.12 | 0.05 | 0.01 | 0.01 | 0 | 0.02 | 0.01 | 0 | 0 | — | — |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Capex / revenue | — | 5.61% | 11.9% | 6.15% | 4.28% | 18.5% | 3.34% | 0.28% | 0.3% | — | — |
| Capex / operating cash flow | -4.76% | -3.72% | -0.44% | -0.45% | -0.42% | -1.29% | -2.38% | -0.42% | -1.43% | — | — |
| Payout ratio | — | — | — | — | — | — | — | — | — | — | 0% |
| — |
| FY21 | — | -$1.52 | — | — | $10.1M | — |
| FY20 | — | -$1.05 | — | — | $7.6M | — |
| FY19 | — | -$1.47 | — | — | $5.3M | — |
| FY18 | — | -$1.62 | — | — | $2.6M | — |
| FY17 | — | -$1.36 | — | — | $42M | — |
| FY16 | — | -$2.8 | — | — | $0 | — |
| 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 | $56.4M | $34.4M | $46M | $73.2M | $98.2M | $116.1M | $74.1M | $97.7M | $110.3M | $125.2M | $94.5M | $120.9M |
| YoY change | +1K% | -22.2% | +304.8% | +227.9% | +74.2% | +237.9% | +61% | +33.4% | +12.3% | +7.82% | +27.5% | +23.8% |
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 | 200.8M | 134M | 168.1M | 247.5M | 186.5M | 116.7M | 123.9M | 184.3M | 250.1M | 264.7M |
| Receivables | 0 | 10.8M | 85K | 0 | 0 | 502K | 7.7M | 22M | 57.7M | 71.8M |
| Inventory | — | — | — | — | — | 0 | 3.3M | 12.4M | 21.2M | 17.7M |
| Total current assets | 204M | 149.7M | 176.4M | 252.1M | 194.7M | 133.6M | 153.6M | 246.1M | 356.5M | 382.3M |
| Property, plant & equipment | 9M | 8M | 5.6M | 7.4M | 4.2M | 15.1M | 10.5M | 6.6M | 3.9M | 7M |
| Goodwill & intangibles | — | — | — | — | — | — | — | — | — | — |
| Total assets | 213.1M | 157.9M | 183.3M | 259.8M | 201.6M | 149.9M | 190.1M | 297.6M | 435.8M | 501.6M |
| Accounts payable | 5.6M | 3.9M | 1.1M | 2.2M | 5.6M | 4.3M | 10.9M | 11.1M | 16M | 19.2M |
| Short-term debt | — | — | — | 3.8M | 6.3M | 35.8M | 30.6M | 4.4M | 1.6M | 1.5M |
| Total current liabilities | 19.2M | 17.9M | 17.7M | 22.2M | 28.4M | 52.8M | 65.6M | 50.4M | 77.8M | 88.6M |
| Long-term debt | — | — | 49.2M | 50.9M | 47M | 9.7M | 5.9M | 51.5M | 151.9M | 206.5M |
| Total liabilities | 20M | 18.6M | 67.5M | 73.1M | 75.5M | 67.3M | 91.7M | 130.8M | 262.5M | 334.7M |
| Shareholders' equity | 193.2M | 139.3M | 115.8M | 186.7M | 126.1M | 82.6M | 98.3M | 166.8M | 173.3M | 166.9M |
| Total debt | — | — | 49.2M | 54.7M | 53.3M | 45.5M | 36.5M | 56M | 153.4M | 208M |
| Net debt | — | — | -29.6M | -126.4M | -37.7M | -26.9M | -59.7M | 34.5M | 88.5M | 140M |
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 | Q3 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 | 165.1M | 184.3M | 202.6M | 186M | 190.4M | 250.1M | 214M | 238.5M | 242.7M | 264.7M | 238.1M | 281.8M |
| Receivables | 43.3M | 22M | 28.2M | 37.2M | 53.2M | 57.7M | 46.5M | 62.6M | 76.6M | 71.8M | 82.8M | 100.4M |
| Inventory | 8.5M | 12.4M | 9.8M | 13.8M | 11.4M | 21.2M | 23.8M | 22.3M | 25.2M | 17.7M | 22.7M | 25.9M |
| Total current assets | 241.2M | 246.1M | 257.9M | 263M | 284.1M | 356.5M | 312.7M | 351.6M | 368M | 382.3M | 381.9M | 441.9M |
| Property, plant & equipment | 7.6M | 6.6M | 5.7M | 5.3M | 4.7M | 3.9M | 5.3M | 7.1M | 7.2M | 7M | 6.4M | 5.8M |
| Goodwill & intangibles | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | 289.4M | 297.6M | 342.4M | 343.5M | 367.9M | 435.8M | 410.2M | 466.8M | 486.2M | 501.6M | 504.5M | 575.9M |
| Accounts payable | 7.7M | 11.1M | 17.3M | 10.9M | 15.8M | 16M | 13.7M | 21.7M | 18.4M | 19.2M | 28.2M | 38.4M |
| Short-term debt | 4.3M | 4.4M | 4.3M | 3.5M | 2.6M | 1.6M | 1.3M | 1.2M | 1.4M | 1.5M | 1.5M | 1.5M |
| Total current liabilities | 43.5M | 50.4M | 56.9M | 62.4M | 70.5M | 77.8M | 75.8M | 81.7M | 83.4M | 88.6M | 109.6M | 132.2M |
| Long-term debt | 30.1M | 51.5M | 100.6M | 101.3M | 101.9M | 151.9M | 153.8M | 205.5M | 206.2M | 206.5M | 206.8M | 254.6M |
| Total liabilities | 98.2M | 130.8M | 191.5M | 196.5M | 209.6M | 262.5M | 264.5M | 327.2M | 331.9M | 334.7M | 355.9M | 426.9M |
| Shareholders' equity | 191.2M | 166.8M | 150.9M | 147M | 158.3M | 173.3M | 145.7M | 139.5M | 154.3M | 166.9M | 148.6M | 149M |
| Total debt | 34.4M | 56M | 104.9M | 104.9M | 104.5M | 153.4M | 155.1M | 206.6M | 207.6M | 208M | 208.3M | 256.2M |
| Net debt | 670K | 34.5M | 68.8M | 63M | 57.1M | 88.5M | 124.3M | 116.6M | 164.9M | 140M | 177.1M | 159M |
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 | -112.4M | -64.3M | -91.3M | -94.9M | -94.3M | -158.2M | -67.2M | -66.1M | -39.1M | -61.6M |
| Depreciation & amortization | 1.3M | 2.6M | 2.7M | 2.5M | 2.5M | 2.8M | 1.1M | 1.3M | 2.1M | 3.1M |
| Stock-based compensation | 5.3M | 9.6M | 9.2M | 9.9M | 10.6M | 12M | 10.8M | 13.5M | 37.4M | 49M |
| Change in working capital | 2.9M | -11.8M | 7.5M | 7M | 1.2M | -4.2M | -24M | -36.5M | -75M | -47.7M |
| Operating cash flow | -102.3M | -63.3M | -71.1M | -72.2M | -77.4M | -144.8M | -73.2M | -82.8M | -70.6M | -42.5M |
| Capital expenditure | -4.9M | -2.4M | -311K | -325K | -324K | -1.9M | 1.7M | -344K | -1M | — |
| Investing cash flow | -131.1M | 65.3M | -29.9M | 23.4M | -31.4M | 50.9M | 18.4M | -131.2M | -18.3M | -7.5M |
| Dividends paid | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | 190.6M | 0 | 103.1M | 154.9M | 20.9M | 81.6M | 75.1M | 145.1M | 98.5M | 48.7M |
| Net change in cash | -42.8M | 2M | 2M | 106.1M | -87.9M | -12.2M | 20.4M | -69M | 9.5M | -1.3M |
| Free cash flow | -97.4M | -67.5M | -70.6M | -76.8M | -81.8M | -154.4M | -70.1M | -90.1M | -45.8M | -44M |
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 | 6.6M | -28.8M | -26.5M | -16.5M | -809K | 4.6M | -41.1M | -19.1M | -969K | -407K | -37.6M | -16.7M |
| Depreciation & amortization | 291K | 362K | 435K | 569K | 544K | 515K | 602K | 631K | 905K | 921K | 915K | 604K |
| Stock-based compensation | 3.5M | 3.9M | 7.6M | 10.8M | 9.1M | 9.9M | 12.1M | 11.7M | 12.7M | 12.4M | 14.2M | 15.3M |
| Change in working capital | -33.1M | 23.1M | -27.6M | -19.4M | -15.3M | -12.7M | -5.4M | -26.5M | -22M | 6.1M | -5.3M | -15.1M |
| Operating cash flow | -21.8M | -835K | -44.6M | -24.1M | -5.3M | 3.4M | -33M | -25.3M | 365K | 21M | -32.2M | -6.4M |
| Capital expenditure | -194K | -43K | -150K | -131K | -137K | -593K | -325K | — | — | — | — | — |
| Investing cash flow | -32.7M | -29.6M | -2.6M | 23.5M | 2.3M | -41.6M | 2.9M | 35.6M | -50.4M | 4.1M | -9.9M | 22.7M |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | 57.2M | 22.4M | 49.8M | 0 | 0 | 49.7M | 0 | 48.7M | 0 | 0 | — | — |
| Net change in cash | 2.7M | -8M | 2.6M | -533K | -3M | 11.4M | -30.1M | 58.9M | -50M | 25.1M | -42.2M | 16.3M |
| Free cash flow | -21.7M | -8.8M | -35.9M | -19.5M | 364K | 9.2M | -38.8M | -26M | 209K | 20.6M | -32.3M | -6.4M |