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 | -$1.8 | -$1.06 | +41.1% | — | $13.5M | — |
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 | — | -$4.74 | — | — | $118.7M | — |
| FY24 | — | -$3.45 | — | — | $125M | — |
| FY23 | — | -$4.67 | — | — | $152.1M | — |
| FY22 | — | $2.33 | — | — | $156.2M | — |
| FY21 | — | -$0.03 | — | — | $111M | — |
| FY20 | — | -$1.08 | — | — | $106.3M | — |
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 | $106.3M | $111M | $156.2M | $152.1M | $125M | $118.7M |
| YoY change | — | +4.46% | +40.7% | -2.67% | -17.8% | -5% |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 |
|---|---|---|---|---|---|---|
| Revenue | $32.2M |
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 | 106.3M | 111M | 156.2M | 152.1M | 125M | 118.7M |
| Cost of revenue | 19.9M | 15.8M | 18.7M | 27M | 39.2M | 35.4M |
| Gross profit | 86.4M | 95.2M | 137.5M | 125M | 85.7M | 83.3M |
| Gross margin | 81.3% | 85.7% | 88% | 82.2% | 68.6% | 70.2% |
| Research & development | 4.2M | 0 | 0 | 2.8M | 3.8M | 1.7M |
| Selling, general & administrative | 104.3M | 52.6M | 46.8M | 78.6M | 75.1M | 69M |
| Operating expenses | 108.5M | 52.6M | 46.8M | 81.5M | 78.9M | 70.7M |
| Operating income | -46.9M | 14.4M | 58.1M | 16M | -18.8M | -17.2M |
| Operating margin | -44.1% | 13% | 37.2% | 10.5% | -15% | -14.5% |
| Non-operating income, net | 17.3M | -4.8M | -19M | -256.8M | -2.9M | -12.3M |
| Pretax income | -45.5M | -553K | 31.2M | -254.1M | -21.5M | -29.9M |
| Income tax | -17.4M | 728K | -78.5M | 77.9M | 52K | 435K |
| Net income | -28.1M | -1.3M | 109.6M | -331.9M | -21.6M | -30.4M |
| Net margin | -26.5% | -1.15% | 70.2% | -218.3% | -17.3% | -25.6% |
| EBITDA | -23.7M | 43.7M | 91M | 36.7M | 12.6M | 15.2M |
| EPS | -1.08 | -0.03 | 2.33 | -4.67 | -3.45 | -4.74 |
| Diluted EPS | -1.08 | -0.03 | 2.03 | -4.67 | -3.45 | -4.74 |
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 |
|---|---|---|---|---|---|---|
| Revenue | 32.2M | 26.5M | 29.2M | 49.5M | 13.5M | 9.9M |
| Cost of revenue | 11.6M | 7.8M | 10.7M | 13.7M | 3.3M | 2.7M |
| Gross profit | 20.6M | 18.7M | 18.5M | 35.8M | 10.3M | 7.2M |
| Gross margin | 63.9% | 70.6% | 63.5% | 72.4% | 75.9% | 72.7% |
| Research & development | 1.3M | 438K | 387K | 379K | 486K | 454K |
| Selling, general & administrative | 21.4M | 22M | 17M | 16.9M | 13.1M | 19.4M |
| Operating expenses | 22.7M | 22.4M | 17.3M | 17.3M | 13.6M | 19.9M |
| Operating income | -8.8M | -12.9M | -8M | 12.9M | -9.1M | -18.5M |
| Operating margin | -27.3% | -48.9% | -27.5% | 26.1% | -67.6% | -185.9% |
| Non-operating income, net | -2M | -307K | -8.2M | -1.4M | -2.4M | -35K |
| Pretax income | -10.7M | -13.3M | -16.3M | 11.4M | -11.7M | -18.8M |
| Income tax | -273K | 245K | 56K | -47K | 181K | 45K |
| Net income | -10.5M | -13.5M | -16.4M | 11.4M | -11.9M | -18.9M |
| Net margin | -32.6% | -51.1% | -56% | 23.1% | -88.1% | -189.8% |
| EBITDA | 1.3M | -3.1M | 1.8M | 19.1M | -2.7M | -12.3M |
| EPS | -1.65 | -2.1 | -2.55 | 1.8 | -1.86 | -2.93 |
| Diluted EPS | -1.65 | -2.1 | -2.55 | 1.65 | -1.86 | -2.93 |
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 | 566.1M | — | 3B | — | — | 58.1M | 151.9M |
| Enterprise value | 629.4M | — | 3B | — | — | 34.7M | 120.6M |
| Shares outstanding | 26.2M | 43.2M | 47M | 71M | 6.4M | 6.4M | 6.4M |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| P/E | — | — | 27.7 | — | — | — | 1.2 |
| P/S | 5.33 | — | 19.4 | — | — | 0.49 | 1.49 |
| P/B | 10.2 | — | 13.4 | — | — | 0.62 | 2 |
| EV/EBITDA | -26.5 | — | 33.3 | — | — | 2.29 | 31.5 |
| EV/Sales | 5.92 | — | 19.4 | — | — | 0.29 | 1.18 |
| Earnings yield | — | — | 3.62% | — | — | — | 83.6% |
| FCF yield | -11.6% | — | 2.58% | — | — | -48.5% | 5.1% |
| PEG | — | — | — | — | — | — | 0.03 |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Gross margin | 81.3% | 85.7% | 88% | 82.2% | 68.6% | 70.2% | 72.7% |
| Operating margin | -44.1% | 13% | 37.2% | 10.5% | -15% | -14.5% | -185.9% |
| Net margin | -26.5% | -1.15% | 70.2% | -218.3% | -17.3% | -25.6% | -34.9% |
| ROE | -50.7% | -1.25% | 48.6% | -240.5% | -17.8% | -32.3% | -38.8% |
| ROA | -9.28% | -0.39% | 26.5% | -115.9% | -7.58% | -11.4% | -5.71% |
| ROIC | -39.5% | 10.4% | 25.5% | 15.4% | -30.9% | -24.4% | -51.5% |
| Return on tangible assets | 29% | 1.21% | 611.7% | -520.7% | -17.4% | -18% | -28.5% |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Current ratio | 0.71 | 0.77 | 1.39 | 1.83 | 1.77 | 1.7 | 1.82 |
| Quick ratio | 0.62 | 0.71 | 1.24 | 1.43 | 1.43 | 1.51 | 1.57 |
| Debt / equity | 1.51 | 0.72 | 0.3 | 0.29 | 0.33 | 0.43 | 0.53 |
| Debt / assets | 0.28 | 0.23 | 0.16 | 0.14 | 0.14 | 0.15 | 0.19 |
| Net debt / EBITDA | -2.67 | 0.84 | 0.02 | -0.92 | -4.79 | -1.54 | -5.32 |
| Interest coverage | -1.86 | 0.95 | 5.03 | -85.9 | -7.28 | -10.5 | -12.6 |
| Effective tax rate | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Revenue per share | 4.05 | 2.57 | 3.32 | 2.14 | 19.7 | 18.5 | 15.9 |
| EPS (basic) | -1.08 | -0.03 | 2.33 | -4.67 | -3.45 | -4.74 | -4.74 |
| EPS (diluted) | -1.08 | -0.03 | 2.03 | -4.67 | -3.45 | -4.74 | -5.55 |
| Book value per share | 2.12 | 2.37 | 4.8 | 1.94 | 19.1 | 14.7 | 11.7 |
| FCF per share | -2.5 | 0.13 | 1.67 | 0.69 | 4.16 | -4.4 | -1.1 |
| Cash per share | 0.79 | 0.85 | 1.38 | 1.03 | 15.8 | 9.9 | 11.1 |
| Capex per share | 0 | 0 | 0.01 | 0.01 | 0 | — | — |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Capex / revenue | 0.01% | 0.05% | 0.18% | 0.41% | 0% | — | — |
| Capex / operating cash flow | -0.07% | 0.46% | 0.38% | -0.29% | 0% | — | — |
| $26.5M |
| $29.2M |
| $49.5M |
| $13.5M |
| $9.9M |
| YoY change | — | — | — | — | -57.9% | -62.5% |
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 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|
| Cash & short-term investments | 20.8M | 36.8M | 64.9M | 73.4M | 100.1M | 63.4M |
| Receivables | 44.4M | 44.4M | 45.4M | 47.7M | 54.1M | 120.1M |
| Inventory | 11.7M | 7.5M | 13.7M | 37.7M | 38.3M | 24.1M |
| Total current assets | 94.3M | 103.5M | 132.3M | 171.1M | 202.5M | 216.6M |
| Property, plant & equipment | 4.4M | 2.3M | 881K | 2M | 1.7M | 1.4M |
| Goodwill & intangibles | 400.2M | 432.1M | 396M | 222.7M | 160.9M | 97.8M |
| Total assets | 303.3M | 326.5M | 413.9M | 286.4M | 284.7M | 267M |
| Accounts payable | 14.8M | 6.7M | 6M | 13.4M | 14.7M | 9M |
| Short-term debt | 11.9M | 12.2M | 470K | — | — | — |
| Total current liabilities | 132.7M | 135M | 95.3M | 93.4M | 114.7M | 127.5M |
| Long-term debt | 72.2M | 61.3M | 66.4M | 39.7M | 39.8M | 40M |
| Total liabilities | 247.8M | 224.1M | 188.2M | 148.4M | 163.7M | 173M |
| Shareholders' equity | 55.5M | 102.4M | 225.7M | 138M | 121.1M | 94M |
| Total debt | 84.1M | 73.5M | 66.9M | 39.7M | 39.8M | 40M |
| Net debt | 63.3M | 36.7M | 1.9M | -33.8M | -10.8M | 29.8M |
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 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 |
|---|---|---|---|---|---|---|
| Cash & short-term investments | 100.1M | 87.3M | 98.2M | 93.4M | 63.4M | 71.6M |
| Receivables | 54.1M | 66.3M | 61.1M | 141.3M | 120.1M | 61.5M |
| Inventory | 38.3M | 39.4M | 32.9M | 24.8M | 24.1M | 23M |
| Total current assets | 202.5M | 213.6M | 210.2M | 263.6M | 216.6M | 166.9M |
| Property, plant & equipment | 1.7M | 1.6M | 1.6M | 1.5M | 1.4M | 1.3M |
| Goodwill & intangibles | 160.9M | 142.5M | 124M | 109.4M | 97.8M | 86.2M |
| Total assets | 284.7M | 286.4M | 273.8M | 319.8M | 267M | 211.3M |
| Accounts payable | 14.7M | 8.9M | 10.9M | 14.7M | 9M | 5.9M |
| Short-term debt | — | — | — | — | — | — |
| Total current liabilities | 114.7M | 128.8M | 132.5M | 166.8M | 127.5M | 91.6M |
| Long-term debt | 39.8M | 39.8M | 39.9M | 39.9M | 40M | 40.1M |
| Total liabilities | 163.7M | 177.9M | 180.5M | 214M | 173M | 135.7M |
| Shareholders' equity | 121.1M | 108.5M | 93.3M | 105.8M | 94M | 75.6M |
| Total debt | 39.8M | 39.8M | 39.9M | 39.9M | 40M | 40.1M |
| Net debt | -10.8M | 4.8M | -7.2M | 1.4M | 29.8M | 6.4M |
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 | -28.1M | -1.3M | 109.6M | -331.9M | -21.6M | -30.4M |
| Depreciation & amortization | 26.4M | 29.1M | 33.4M | 28.2M | 25.8M | 30M |
| Stock-based compensation | 10.9M | 3.5M | 7.5M | 9.2M | 5M | 3.5M |
| Change in working capital | -25.9M | -23.9M | -17.7M | 14.3M | -17.3M | -69.6M |
| Operating cash flow | -14.3M | 11.5M | 71.7M | -219.1M | -10.3M | -66.8M |
| Capital expenditure | -10K | -53K | -274K | -628K | 0 | — |
| Investing cash flow | 512.8M | -18.5M | -42.7M | 3.1M | -48.9M | -12M |
| Dividends paid | — | — | — | — | — | — |
| Share repurchases | -866K | -418K | -838K | -7.9M | -350K | -189K |
| Financing cash flow | -468.6M | 28.8M | -7.8M | -44.2M | -350K | -189K |
| Net change in cash | 29.9M | 21.8M | 21.2M | -260.2M | -59.5M | -79M |
| Free cash flow | -65.6M | 5.5M | 78.3M | 49M | 26.4M | -28.2M |
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 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 |
|---|---|---|---|---|---|---|
| Net income | -10.5M | -13.5M | -16.4M | 11.4M | -11.9M | -18.9M |
| Depreciation & amortization | 6.7M | 9.3M | 9.3M | 5.6M | 5.8M | 5.8M |
| Stock-based compensation | 1.1M | 1.1M | 1.2M | 1.1M | 97K | 725K |
| Change in working capital | -7.7M | -4.9M | 7.6M | -83M | 10.6M | 59.7M |
| Operating cash flow | -12.6M | -7.8M | 1.9M | -65M | 4.1M | 47.7M |
| Capital expenditure | 0 | — | — | — | — | — |
| Investing cash flow | 1.1M | -2.9M | 1.2M | -3.8M | 1.7M | 15.1M |
| Dividends paid | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — |
| Financing cash flow | 0 | -111K | -69K | -7K | — | -189K |
| Net change in cash | -11.5M | -10.9M | 3M | -68.8M | 5.8M | 62.7M |
| Free cash flow | 11.5M | -12.5M | 19.1M | -4.8M | -30M | 8.6M |