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 | -$0.28 | $2.58 | +1021.4% | — | $249.7M | — |
| Q1 26 | -$0.96 | -$0.9 | +6.2% | — | $15.6M | — |
| Q4 25 | -$0.57 | -$1.1 | -93.0% | — | $9.5M | — |
| Q3 25 | -$0.74 | -$0.48 | +35.1% | — | $41.9M | — |
| Q2 25 | -$0.89 | -$0.84 | +5.6% | — | $22.4M | — |
| Q1 25 | -$0.97 | $1.14 | +217.5% | — | $188.8M | — |
| Q4 24 | -$0.96 | -$0.63 | +34.4% | — | $59.2M | — |
| Q3 24 | -$0.87 | -$0.68 | +21.8% | — | $102.4M | — |
| Q2 24 | -$0.59 | -$0.49 | +16.9% | — | $76.5M | — |
| Q1 24 | -$1.38 | -$0.97 | +29.7% | — | $25.3M | — |
| Q4 23 | -$1.23 | -$2.53 | -105.7% | — | -$43.1M | — |
| Q3 23 | -$1.58 | -$1.18 | +25.3% | — | $34.6M | — |
| Q2 23 | -$1.61 | -$1.25 | +22.4% | — | $54.5M | — |
| Q1 23 | -$1.49 | -$1.54 | -3.4% | — | $32.5M | — |
| Q4 22 | -$1.1 | -$1.56 | -41.8% | — | $45.6M | — |
| Q3 22 | -$1.07 | -$1.24 | -15.9% | — | $33.2M | — |
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 | — | -$1.14 | — | — | $262.6M | — |
| FY24 | — | -$2.77 | — | — | $263.4M | — |
| FY23 | — | -$6.62 | — | — | $78.5M | — |
| FY22 | — | -$5.31 | — | — | $131.4M |
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 | $6.7M | $7.6M | $14.3M | $43M | $25.9M | $53.6M | $131.4M | $78.5M | $263.4M | $262.6M |
| YoY change | — | +13.6% | +89% | +200.2% | -39.8% | +106.9% | +145.1% | -40.3% | +235.5% | -0.3% |
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 | 6.7M | 7.6M | 14.3M | 43M | 25.9M | 53.6M | 131.4M | 78.5M | 263.4M | 262.6M |
| Cost of revenue | — | — | — | — | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — | — | — | — | — |
| Gross margin | — | — | — | — | — | — | — | — | — | — |
| Research & development | 19.9M | 28.8M | 45.2M | 67.2M | 108.4M | 180.4M | 315M | 379.7M | 348.2M | 285.2M |
| Selling, general & administrative | 3.2M | 3.5M | 12.9M | 27.3M | 38.3M | 61.6M | 79.6M | 100.3M | 165.4M | 95.9M |
| Operating expenses | 23.1M | 32.3M | 58.1M | 94.5M | 146.7M | 242M | 394.6M | 480M | 513.6M | 381.1M |
| Operating income | -16.5M | -24.8M | -43.8M | -51.5M | -120.8M | -188.4M | -263.2M | -401.5M | -250.2M | -118.5M |
| Operating margin | -247% | -326.7% | -305.8% | -119.8% | -466.4% | -351.5% | -200.3% | -511.5% | -95% | -45.1% |
| Non-operating income, net | 1.7M | 560K | -91K | -23.3M | 2.1M | 2.5M | 200K | -1.2M | -2.9M | -400K |
| Pretax income | -14.4M | -24M | -41.5M | -70.3M | -115.2M | -184.1M | -251M | -363.9M | -198.3M | -80.5M |
| Income tax | -87.4K | 0 | — | — | 0 | 0 | 20.9M | 900K | 600K | 300K |
| Net income | -14.4M | -24M | -41.5M | -70.3M | -119.3M | -191M | -282.5M | -367.3M | -198.9M | -80.8M |
| Net margin | -215.2% | -317.3% | -289.6% | -163.5% | -460.6% | -356.3% | -215% | -467.9% | -75.5% | -30.8% |
| EBITDA | -13.9M | -23.7M | -40.5M | -67.9M | -116.7M | -182.4M | -255M | -394.8M | -243.6M | -113.3M |
| EPS | -0.69 | -1.38 | -25.4 | -2.13 | -3.02 | -3.82 | -5.31 | -6.62 | -2.77 | -1.14 |
| Diluted EPS | -0.69 | -1.38 | -25.4 | -2.13 | -3.02 | -3.82 | -5.31 | -6.62 | -2.77 | -1.14 |
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 | 34.6M | -43.1M | 25.3M | 76.5M | 102.4M | 59.2M | 188.8M | 22.4M | 41.9M | 9.5M | 15.6M | 249.7M |
| Cost of revenue | — | — | — | — | — | — | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — | — | — | — | — | — | — |
| Gross margin | — | — | — | — | — | — | — | — | — | — | — | — |
| Research & development | 85.9M | 95.2M | 84.3M | 93.7M | 86.9M | 83.3M | 90.8M | 68.6M | 64.7M | 61.1M | 60.3M | 52.6M |
| Selling, general & administrative | 22.6M | 27M | 24.3M | 31.3M | 75.8M | 34.1M | 26.6M | 25.3M | 21M | 23M | 19.1M | 24M |
| Operating expenses | 108.5M | 122.2M | 108.6M | 125M | 162.7M | 117.4M | 117.4M | 93.9M | 85.7M | 84.1M | 79.4M | 85.6M |
| Operating income | -73.9M | -165.3M | -83.3M | -48.5M | -60.3M | -58.2M | 71.4M | -71.5M | -43.8M | -74.6M | -63.8M | 164.1M |
| Operating margin | -213.6% | 383.5% | -329.2% | -63.4% | -58.9% | -98.3% | 37.8% | -319.2% | -104.5% | -785.3% | -409% | 65.7% |
| Non-operating income, net | — | -100K | — | -100K | -2.6M | -200K | — | -300K | — | 0 | -100K | — |
| Pretax income | -63.9M | -153.2M | -69.3M | -35M | -48.6M | -45.5M | 83.1M | -61.5M | -34.8M | -67.2M | -57.5M | 169.6M |
| Income tax | 0 | 1.6M | 100K | 200K | 600K | -400K | 200K | -300K | 300K | 200K | 100K | 200K |
| Net income | -64M | -154.8M | -69.4M | -35.2M | -49.2M | -45.1M | 82.9M | -61.2M | -35.1M | -67.4M | -57.6M | 169.4M |
| Net margin | -185% | 359.2% | -274.3% | -46% | -48% | -76.2% | 43.9% | -273.2% | -83.8% | -709.5% | -369.2% | 67.8% |
| EBITDA | -72.2M | -163.6M | -81.6M | -46.8M | -58.7M | -56.6M | 72.7M | -70.1M | -42.5M | -73.4M | -62.7M | 165.3M |
| EPS | -1.18 | -2.53 | -0.97 | -0.49 | -0.68 | -0.63 | 1.14 | -0.84 | -0.48 | -1.1 | -0.9 | 2.61 |
| Diluted EPS | -1.18 | -2.53 | -0.97 | -0.49 | -0.68 | -0.63 | 1.14 | -0.84 | -0.48 | -1.1 | -0.9 | 2.58 |
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 | — | — | — | — | — | — | 1.8B | 2.3B | — | 840.9M | 491.1M |
| Enterprise value | — | — | — | — | — | — | 620.2M | 1B | — | 164.4M | -63.6M |
| Shares outstanding | 17.9M | 20.7M | 9.4M | 32.9M | 39.5M | 50M | 53.2M | 55.5M | 71.9M | 70.9M | 70.9M |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | — | — | — | — | 28.8 |
| P/S | — | — | — | — | — | — | 13.9 | 29.1 | — | 3.2 | 1.54 |
| P/B | — | — | — | — | — | — | 3.22 | 3.46 | — | 1.94 | 0.87 |
| EV/EBITDA | — | — | — | — | — | — | -2.43 | -2.6 | — | -1.45 | 6.43 |
| EV/Sales | — | — | — | — | — | — | 4.72 | 13.1 | — | 0.63 | -0.2 |
| Earnings yield | — | — | — | — | — | — | — | — | — | — | 3.48% |
| FCF yield | — | — | — | — | — | — | -15.4% | -15.4% | — | -32.8% | -19.2% |
| PEG | — | — | — | — | — | — | — | — | — | — | -0.07 |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating margin | -247% | -326.7% | -305.8% | -119.8% | -466.4% | -351.5% | -200.3% | -511.5% | -95% | -45.1% | 66.4% |
| Net margin | -215.2% | -317.3% | -289.6% | -163.5% | -460.6% | -356.3% | -215% | -467.9% | -75.5% | -30.8% | 2.94% |
| ROE | -59.7% | -9.8K% | -30.4% | -31% | -18.6% | -24.4% | -50% | -55.7% | -35.4% | -18.6% | 1.59% |
| ROA | -37.8% | -36% | -20.8% | -23.3% | -16.6% | -12.1% | -22.3% | -28.2% | -18.2% | -11.3% | -1.01% |
| ROIC | 148.7% | 64.1% | — | — | 285.6% | 26.3% | 41.5% | 67.2% | 53.5% | 48.8% | -757.6% |
| Return on tangible assets | -37.8% | -36% | -20.8% | -23.3% | -16.6% | -12.1% | -22.3% | -28.2% | -18.2% | -11.3% | 1.38% |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current ratio | 3.72 | 3.67 | 8.52 | 8.86 | 14.3 | 5.93 | 4.2 | 4.98 | 4.64 | 4.92 | 7.91 |
| Quick ratio | 3.72 | 3.67 | 8.52 | 8.86 | 14.3 | 5.93 | 4.2 | 4.98 | 4.64 | 4.92 | 7.91 |
| Debt / equity | 0.02 | 1.26 | 0.02 | 0.02 | 0.01 | 0.01 | 0.01 | 0 | 0.02 | 0.02 | 0.01 |
| Debt / assets | 0.01 | 0 | 0.01 | 0.01 | 0.01 | 0 | 0 | 0 | 0.01 | 0.01 | 0.01 |
| Net debt / EBITDA | 2.52 | 1.64 | 4.58 | 4.07 | 5.87 | 8.21 | 4.71 | 3.19 | 4.23 | 5.97 | 42.1 |
| Interest coverage | -213.2 | -476.6 | -721.2 | -702 | -1.9K | -1.9K | — | — | — | — | — |
| Effective tax rate | 0% | 0% | — | — | 0% | 0% | 0% | 0% | 0% | 0% | 7.92% |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue per share | 0.37 | 0.37 | 1.52 | 1.31 | 0.66 | 1.07 | 2.47 | 1.41 | 3.66 | 3.7 | 4.75 |
| EPS (basic) | -0.69 | -1.38 | -25.4 | -2.13 | -3.02 | -3.82 | -5.31 | -6.62 | -2.77 | -1.14 | -1.14 |
| EPS (diluted) | -0.69 | -1.38 | -25.4 | -2.13 | -3.02 | -3.82 | -5.31 | -6.62 | -2.77 | -1.14 | 0.26 |
| Book value per share | 1.34 | 0.01 | 14.5 | 6.88 | 16.2 | 15.6 | 10.6 | 11.9 | 7.81 | 6.12 | 8.61 |
| FCF per share | -1.1 | 0.2 | -2.01 | -1.42 | -2.43 | 11.1 | -5.27 | -6.32 | -3.63 | -3.89 | -3.18 |
| Cash per share | 1.99 | 1.89 | 19.9 | 8.53 | 17.4 | 30.1 | 22.7 | 22.7 | 14.5 | 9.67 | 8.69 |
| Capex per share | 0.01 | 0.05 | 0.3 | 0.19 | 0.16 | 0.09 | 0.13 | 0.05 | 0.02 | — | — |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Capex / revenue | 3.85% | 13.4% | 19.8% | 14.7% | 24.7% | 8.77% | 5.18% | 3.69% | 0.65% | — | — |
| Capex / operating cash flow | -1.01% | 1.84% | -19.6% | -14.6% | -7.36% | 0.82% | -2.5% | -0.8% | -0.67% | — | — |
| Payout ratio | — | — | — | — | — | — | — | — | — | — | 0% |
| — |
| FY21 | — | -$3.82 | — | — | $53.6M | — |
| FY20 | — | -$3.02 | — | — | $25.9M | — |
| FY19 | — | -$2.13 | — | — | $43M | — |
| FY18 | — | -$25.4 | — | — | $14.3M | — |
| FY17 | — | -$1.38 | — | — | $7.6M | — |
| FY16 | — | -$0.69 | — | — | $6.7M | — |
| 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 | $34.6M | -$43.1M | $25.3M | $76.5M | $102.4M | $59.2M | $188.8M | $22.4M | $41.9M | $9.5M | $15.6M | $249.7M |
| YoY change | +4.22% | -194.5% | -22.2% | +40.4% | +196% | +237.4% | +646.2% | -70.7% | -59.1% | -84% | -91.7% | +1K% |
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 | 35.6M | 39.2M | 187.8M | 280.9M | 688.6M | 1.5B | 1.2B | 1.3B | 1B | 685.4M |
| Receivables | 0 | 25M | 2.8M | 0 | 1M | 15M | 1M | 0 | 5.7M | 1M |
| Inventory | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 37.3M | 65.5M | 195.7M | 290.9M | 703.1M | 1.6B | 1.2B | 1.3B | 1.1B | 700.7M |
| Property, plant & equipment | 633.8K | 1.3M | 3.6M | 10.7M | 14.3M | 16.6M | 17.8M | 14M | 16M | 13.4M |
| Goodwill & intangibles | — | — | — | — | — | — | — | — | — | — |
| Total assets | 37.9M | 66.8M | 199.3M | 301.6M | 717.4M | 1.6B | 1.3B | 1.3B | 1.1B | 717.9M |
| Accounts payable | 1.6M | 596.5K | 2.8M | 4.6M | 7.1M | 31.3M | 5.7M | 17.8M | 13.4M | 24.4M |
| Short-term debt | 141.2K | 159.3K | 154.5K | 673.9K | 1M | 1.1M | 1.8M | 1.9M | 1.8M | 1.7M |
| Total current liabilities | 10M | 17.9M | 23M | 32.8M | 49.2M | 261.7M | 295.1M | 257.1M | 229.8M | 142.5M |
| Long-term debt | 312.6K | 151.1K | 2M | 3.7M | 3.1M | 3.9M | 3.7M | 1.3M | 7.9M | 7.2M |
| Total liabilities | 13.9M | 66.6M | 62.6M | 75M | 75.2M | 799.9M | 703.9M | 644.6M | 529.7M | 284.1M |
| Shareholders' equity | 24M | 245.9K | 136.7M | 226.7M | 642.2M | 781.7M | 564.9M | 660M | 561.7M | 433.8M |
| Total debt | 453.8K | 310.4K | 2.2M | 4.4M | 4.1M | 5M | 5.5M | 3.2M | 9.7M | 8.9M |
| Net debt | -4.6M | -30.6M | -1M | -4.8M | -584.3M | -103.3M | -75.8M | -308.5M | -90.8M | -134M |
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 | 998.5M | 1.3B | 1.2B | 1.2B | 1.1B | 1B | 954.3M | 861.2M | 787.6M | 685.4M | 614.9M | 567.9M |
| Receivables | 15.7M | 0 | — | — | 7.3M | 5.7M | 400K | 500K | 20.3M | 1M | 1.8M | 50.3M |
| Inventory | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 1B | 1.3B | 1.2B | 1.3B | 1.1B | 1.1B | 979.7M | 889.5M | 826.3M | 700.7M | 630.7M | 652.2M |
| Property, plant & equipment | 15.7M | 14M | 12.4M | 11.3M | 7.8M | 16M | 16.6M | 15.4M | 14.1M | 13.4M | 13.3M | 12.3M |
| Goodwill & intangibles | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | 1.1B | 1.3B | 1.2B | 1.3B | 1.2B | 1.1B | 1B | 909.3M | 844.3M | 717.9M | 647.5M | 675.1M |
| Accounts payable | 34.3M | 17.8M | 17.8M | 23.2M | 17.7M | 13.4M | 26.4M | 16.6M | 18M | 24.4M | 31.4M | 7.5M |
| Short-term debt | 2.1M | 1.9M | 1.5M | 1.2M | 800K | 1.8M | 1.9M | 1.8M | 1.7M | 1.7M | 1.8M | 1.9M |
| Total current liabilities | 317.3M | 257.1M | 240.8M | 347.2M | 275.9M | 229.8M | 214M | 157.8M | 144.9M | 142.5M | 115.9M | 82.5M |
| Long-term debt | 1.9M | 1.3M | 1.1M | 900K | 700K | 7.9M | 8.6M | 8.1M | 7.6M | 7.2M | 6.6M | 6.1M |
| Total liabilities | 601.1M | 644.6M | 602.9M | 679.5M | 581.1M | 529.7M | 341M | 300M | 279.9M | 284.1M | 260.7M | 113M |
| Shareholders' equity | 457.2M | 660M | 609.7M | 600.1M | 586M | 561.7M | 660.1M | 609.3M | 564.4M | 433.8M | 386.8M | 562.1M |
| Total debt | 4M | 3.2M | 2.6M | 2.1M | 1.5M | 9.7M | 10.5M | 9.9M | 9.3M | 8.9M | 8.4M | 8M |
| Net debt | -109.7M | -308.5M | -85.4M | -152.7M | -83.7M | -90.8M | -70.5M | -105M | -92.2M | -134M | -78.9M | -86.3M |
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 | -14.4M | -24M | -41.5M | -70.3M | -119.3M | -191M | -282.5M | -367.3M | -198.9M | -80.8M |
| Depreciation & amortization | 436.3K | 347.4K | 706K | 2.3M | 4.1M | 6M | 8.2M | 6.7M | 6.6M | 5.2M |
| Stock-based compensation | 525.6K | 245K | 11.6M | 20.1M | 30.2M | 57.1M | 75.5M | 71.6M | 88.2M | 44M |
| Change in working capital | -12.6M | 78.2M | 14.5M | 4.6M | -3.6M | 691.9M | -80.8M | -58.5M | -133.6M | -239M |
| Operating cash flow | -25.4M | 55.1M | -14.4M | -43.1M | -86.9M | 573.8M | -272.1M | -362.8M | -254.9M | -273.8M |
| Capital expenditure | -256.7K | -1M | -2.8M | -6.3M | -6.4M | -4.7M | -6.8M | -2.9M | -1.7M | — |
| Investing cash flow | -20.1M | 20.9M | -179.7M | -93.1M | 164.3M | -1.3B | 242.8M | 203.5M | 34.7M | 409.5M |
| Dividends paid | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | 0 | -3.4M | -597.1K | -29.2M | — | — | — | — | -91.9M |
| Financing cash flow | -149.7K | -161.4K | 164.6M | 136.3M | 467.1M | 260M | 0 | 370.2M | -400K | -92.1M |
| Net change in cash | -45.7M | 75.9M | -29.5M | 102.9K | 544.5M | -479.8M | -29.3M | 210.9M | -220.6M | 43.6M |
| Free cash flow | -19.7M | 4.1M | -18.9M | -46.9M | -96.1M | 554.7M | -280.3M | -350.7M | -261.1M | -275.7M |
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 | 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 | -64M | -154.8M | -69.4M | -35.2M | -49.2M | -45.1M | 82.9M | -61.2M | -35.1M | -67.4M | -57.6M | 169.4M |
| Depreciation & amortization | 1.7M | 1.7M | 1.7M | 1.7M | 1.6M | 1.6M | 1.3M | 1.4M | 1.3M | 1.2M | 1.1M | 1.2M |
| Stock-based compensation | 16.7M | 16.7M | 18.6M | 21.6M | 24.7M | 23.3M | 15M | 10.3M | 10.2M | 8.5M | 12.1M | 5.9M |
| Change in working capital | -34.3M | 57.2M | -25.7M | 68.9M | -100.9M | -54.7M | -184.1M | -25.6M | -38.1M | 10.5M | -16M | -212.4M |
| Operating cash flow | -84M | -84.9M | -79.9M | 52.6M | -127.8M | -78.6M | -85.4M | -95.4M | -59.1M | -30.4M | -69.2M | -48.3M |
| Capital expenditure | -1.1M | -100K | -100K | -600K | -700K | -300K | -400K | — | — | — | — | — |
| Investing cash flow | 70M | -53.7M | -127.8M | 13.1M | 50.5M | 98.9M | 69.5M | 130M | 63.6M | 146M | 15M | 55.1M |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | -74.1M | — | — |
| Financing cash flow | — | 334.2M | -200K | -100K | 0 | -100K | -100K | 0 | 0 | -74.2M | -100K | -100K |
| Net change in cash | -14M | 195.6M | -207.9M | 65.6M | -77.3M | 20.2M | -16M | 34.6M | 4.5M | 41.4M | -54.3M | 6.7M |
| Free cash flow | -85.9M | -83.2M | -97.6M | 49.6M | -128.7M | -84.4M | -89.3M | -96.6M | -59.2M | -30.6M | -70.5M | -48.5M |