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 | — | — | — | — | $122.8M | — |
| FY24 | — | — | — | — | $98.6M | — |
| FY23 | — | — | — | — | $66.7M | — |
| FY22 | — | — | — | — | $46.4M | — |
| FY21 | — | — | — | — | $39.4M | — |
| FY20 | — | — | — | — | $13.4M | — |
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 | $13.4M | $39.4M | $46.4M | $66.7M | $98.6M | $122.8M |
| YoY change | — | +193.6% | +17.8% | +43.8% | +47.8% | +24.6% |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | Q3 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 |
|---|
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 | 13.4M | 39.4M | 46.4M | 66.7M | 98.6M | 122.8M |
| Cost of revenue | 12.9M | 26.6M | 33.9M | 41.3M | 57.5M | 71.1M |
| Gross profit | 558.8K | 12.8M | 12.5M | 25.4M | 41.1M | 51.7M |
| Gross margin | 4.17% | 32.5% | 27% | 38% | 41.7% | 42.1% |
| Research & development | 123K | 365.6K | — | — | — | — |
| Selling, general & administrative | 9.3M | 11.2M | 35.1M | 82.9M | 35.8M | 36.3M |
| Operating expenses | 9.4M | 11.6M | 35.1M | 82.9M | 35.8M | 36.3M |
| Operating income | -8.9M | 1.6M | -22.6M | -57.5M | 5.3M | 15.4M |
| Operating margin | -66% | 4.04% | -48.8% | -86.2% | 5.39% | 12.5% |
| Non-operating income, net | -1.8M | 1.2M | 521K | 3.1M | 2.1M | 11.8M |
| Pretax income | -12.2M | -6.5M | -42.1M | -77.7M | -16.3M | 3.9M |
| Income tax | — | — | 0 | -302K | -762K | -215K |
| Net income | -12.2M | -6.5M | -42.1M | -77.4M | -15.6M | 4.1M |
| Net margin | -91.2% | -16.6% | -90.8% | -116% | -15.8% | 3.37% |
| EBITDA | -6.1M | 9.4M | -13M | -43.4M | 24.8M | 42.7M |
| EPS | — | — | — | — | — | — |
| Diluted EPS | — | — | — | — | — | — |
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 | 53.6M | 1.1M | 5.5M | 13M | 64.5M | 15.6M | 15.6M | 30.8M | 67.9M | 8.5M | 8.5M | 30.5M |
| Cost of revenue | 16M | 8.4M | 9.2M | 9.9M | 23M | 15.4M | 17.2M | 18.7M | 21.1M | 14.1M | 17M | 19.2M |
| Gross profit | 37.6M | -7.3M | -3.7M | 3.1M | 41.5M | 184K | -1.6M | 12.1M | 46.8M | -5.6M | -8.5M | 11.3M |
| Gross margin | 70.2% | -655.5% | -67.2% | 24.2% | 64.3% | 1.18% | -9.98% | 39.2% | 68.9% | -65.1% | -100.3% | 37.1% |
| Research & development | — | — | — | — | — | — | — | — | — | — | — | — |
| Selling, general & administrative | 15.1M | 18.6M | 11.6M | 7.9M | 8.6M | 7.7M | 8.6M | 6.5M | 7.7M | 13.4M | 16.7M | 5.3M |
| Operating expenses | 15.1M | 18.6M | 11.6M | 7.9M | 8.6M | 7.7M | 8.6M | 6.5M | 7.7M | 13.4M | 16.7M | 5.3M |
| Operating income | 22.6M | -25.9M | -15.3M | -4.8M | 32.9M | -7.5M | -10.2M | 5.5M | 39M | -19M | -25.3M | 6M |
| Operating margin | 42.1% | -2.3K% | -278% | -36.5% | 50.9% | -48% | -64.9% | 18% | 57.5% | -222.4% | -296.8% | 19.7% |
| Non-operating income, net | 560K | 799.7K | 1.2M | 144K | 470K | 294K | 599K | 700K | 300K | 10.3M | 140K | 91K |
| Pretax income | 17.2M | -31.1M | -20.1M | -10.5M | 27.3M | -13.1M | -15.3M | 490K | 33.7M | -15M | -31.3M | -503K |
| Income tax | -314K | 12.1K | 14K | -484K | 0 | -292K | 251K | 182K | -840K | 192K | 28K | -5K |
| Net income | 17.5M | -31.1M | -20.1M | -10M | 27.3M | -12.8M | -15.5M | 308K | 34.6M | -15.2M | -31.3M | -498K |
| Net margin | 32.6% | -2.8K% | -364.8% | -76.7% | 42.4% | -82.4% | -99.3% | 1% | 50.9% | -177.8% | -367.8% | -1.63% |
| EBITDA | 28.4M | -24.2M | -12.9M | -2.6M | 44.8M | -4.5M | -7.6M | 10.2M | 47.4M | -7.7M | -23.1M | 10.9M |
| EPS | — | — | — | — | — | — | — | — | — | — | — | — |
| Diluted EPS | — | — | — | — | — | — | — | — | — | — | — | — |
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 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Market cap | — | — | — | — | — | — | — | 0 |
| Enterprise value | — | — | — | — | — | — | — | 213.5M |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| P/S | — | — | — | — | — | — | — | 0 |
| EV/EBITDA | — | — | — | — | — | — | — | 5 |
| EV/Sales | — | — | — | — | — | — | — | 1.74 |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Gross margin | — | 4.17% | 32.5% | 27% | 38% | 41.7% | 42.1% | 37.1% |
| Operating margin | — | -66% | 4.04% | -48.8% | -86.2% | 5.39% | 12.5% | 19.6% |
| Net margin | — | -91.2% | -16.6% | -90.8% | -116% | -15.8% | 3.37% | -10.8% |
| ROE | — | -19.5% | -10.6% | -55.9% | -287.2% | -29.1% | 6.4% | -32.4% |
| ROA | — | -9.27% | -3.35% | -13.8% | -28.3% | -5.35% | 1.25% | 0.68% |
| ROIC | — | — | — | -11.4% | -26.4% | 2.35% | 5.54% | 0.26% |
| Return on tangible assets | — | -9.68% | -3.45% | -14% | -31.8% | -6.58% | 1.5% | -4.6% |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Current ratio | — | 2.37 | 0.3 | 4.4 | 1.78 | 2.73 | 2.43 | 1.73 |
| Quick ratio | — | 2.37 | 0.3 | 4.4 | 1.78 | 2.73 | 2.43 | 1.73 |
| Debt / equity | — | 0.88 | 0.98 | 2.77 | 7.97 | 3.97 | 3.79 | 7.81 |
| Debt / assets | — | 0.42 | 0.31 | 0.68 | 0.78 | 0.73 | 0.74 | 0.83 |
| Net debt / EBITDA | — | -8.15 | 5.01 | -9.49 | -4.4 | 6.97 | 5 | 9.46 |
| Interest coverage | — | -6.64 | 0.3 | -1.1 | -2.34 | 0.31 | 1.17 | 0.47 |
| Effective tax rate | — | — | — | 0% | 0% | 0% | 0% | 0% |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Revenue per share | — | — | — | — | — | — | — | 2.09 |
| Book value per share | — | — | — | — | — | — | — | -6.59 |
| FCF per share | — | — | — | — | — | — | — | -1.24 |
| Cash per share | — | — | — | — | — | — | — | 0.13 |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Capex / revenue | — | 395.2% | 136.5% | 75.7% | 29.9% | 3.48% | 1.08% | 1.24% |
| Capex / operating cash flow | — | -479.8% | 838.5% | -207.3% | -73.9% | 28.4% | 7.92% | -36.9% |
| Q4 24 |
|---|
| Q1 25 |
|---|
| Q2 25 |
|---|
| Q3 25 |
|---|
| Q4 25 |
|---|
| Q1 26 |
|---|
| Q2 26 |
|---|
| Revenue | $53.6M | $1.1M | $5.5M | $13M | $64.5M | $15.6M | $15.6M | $30.8M | $67.9M | $8.5M | $8.5M | $30.5M |
| YoY change | +65.2% | -0.38% | +1.4K% | +12% | +20.3% | +1.3K% | +184.1% | +136.3% | +5.24% | -45.2% | -45.6% | -0.84% |
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 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 7.6M | 5.2M | 13.7M | 85.1M | 24M | 39.3M | 31.4M |
| Receivables | 17.1M | 2.3M | 0 | 29K | 681K | 3.2M | 835K |
| Inventory | 204.7M | — | — | — | — | — | — |
| Total current assets | 232M | 9.3M | 22.1M | 106.9M | 45.2M | 63.8M | 40.2M |
| Property, plant & equipment | 795.3M | 103.7M | 152.8M | 176M | 168.2M | 190.4M | 248.8M |
| Goodwill & intangibles | 5.1M | 5.6M | 5.5M | 5.8M | 30.2M | 54.1M | 54.3M |
| Total assets | 1.3B | 132.1M | 195.1M | 306M | 273.5M | 290.8M | 330.3M |
| Accounts payable | 22.4M | 711.6K | 4M | 3.2M | 4M | 5.3M | 3.4M |
| Short-term debt | 1.7M | 1.5M | 2.2M | 2.5M | 4.3M | 4M | 3.3M |
| Total current liabilities | 24.1M | 3.9M | 73.1M | 24.3M | 25.4M | 23.4M | 16.5M |
| Long-term debt | 364.4M | 53.6M | 58.7M | 206.2M | 210.4M | 208.6M | 241.5M |
| Total liabilities | 388.5M | 69.2M | 133.3M | 230.6M | 246.5M | 237.3M | 265.6M |
| Shareholders' equity | 843.7M | 62.9M | 61.9M | 75.4M | 26.9M | 53.5M | 64.7M |
| Total debt | 366.1M | 55.1M | 60.9M | 208.7M | 214.6M | 212.6M | 244.9M |
| Net debt | 358.5M | 49.8M | 47.2M | 178.5M | 191.7M | 173.2M | 213.5M |
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 | 21.6M | 24M | 6.8M | 8.5M | 33.3M | 39.3M | 22.3M | 17M | 55.1M | 31.4M | 9M | 7.2M |
| Receivables | 22.4M | 681K | 4.7M | 11.4M | 23.9M | 3.2M | 4.7M | 3.8M | 12.4M | 835K | 3M | 15.4M |
| Inventory | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 63.8M | 45.2M | 25.2M | 38.9M | 74.3M | 63.8M | 46.4M | 53.6M | 88.2M | 40.2M | 19.2M | 32.5M |
| Property, plant & equipment | 171.6M | 168.2M | 203.1M | 202.2M | 193.2M | 190.4M | 192.9M | 189.5M | 186.8M | 248.8M | 253.6M | 250.9M |
| Goodwill & intangibles | 29.6M | 30.2M | 30.8M | 62.6M | 62.5M | 54.1M | 54.3M | 54.3M | 54.2M | 54.3M | 54.1M | 54.1M |
| Total assets | 290.7M | 273.5M | 252.4M | 281.7M | 307.3M | 290.8M | 275.6M | 279M | 311M | 330.3M | 314.4M | 324.1M |
| Accounts payable | 1.4M | 4M | 3.9M | 4.5M | 3.7M | 5.3M | 6.9M | 6.7M | 6.5M | 3.4M | 5.8M | 5M |
| Short-term debt | 3.5M | 4.3M | 4.2M | 4.2M | 4.5M | 4M | 4.5M | 4.8M | 4.8M | 3.3M | 5.9M | 5.8M |
| Total current liabilities | 15.4M | 25.4M | 20.1M | 24.9M | 21.7M | 23.4M | 21.2M | 24.6M | 22.3M | 16.5M | 21.3M | 18.7M |
| Long-term debt | 212M | 210.4M | 209.5M | 208.6M | 208.9M | 208.6M | 209.2M | 207.9M | 206.6M | 241.5M | 246.2M | 262.1M |
| Total liabilities | 240.2M | 246.5M | 240.1M | 242.5M | 238M | 237.3M | 236.2M | 236.7M | 233.1M | 265.6M | 280.2M | 289.8M |
| Shareholders' equity | 50.5M | 26.9M | 12.4M | 39.2M | 69.4M | 53.5M | 39.4M | 42.4M | 77.9M | 64.7M | 34.2M | 34.3M |
| Total debt | 215.5M | 214.6M | 213.7M | 212.8M | 213.3M | 212.6M | 213.7M | 212.6M | 211.4M | 244.9M | 252.1M | 267.9M |
| Net debt | 196.1M | 191.7M | 206.9M | 204.3M | 180M | 173.2M | 191.4M | 195.6M | 156.3M | 213.5M | 243.1M | 260.7M |
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 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|
| Net income | -12.2M | -6.5M | -42.1M | -77.4M | -15.6M | 4.1M |
| Depreciation & amortization | 2.7M | 6.7M | 9.1M | 11.1M | 17.5M | 15.5M |
| Stock-based compensation | — | 0 | 9K | 47.8M | 16.2M | 7.1M |
| Change in working capital | -1.6M | -230.8K | 11.9M | -9.3M | -5.3M | -5.4M |
| Operating cash flow | -11M | 6.4M | -16.9M | -27M | 12.1M | 16.7M |
| Capital expenditure | -53M | -53.8M | -35.1M | -19.9M | -3.4M | -1.3M |
| Investing cash flow | -53M | -54.8M | -89.8M | 27.5M | 3.2M | -1.3M |
| Dividends paid | — | — | — | — | — | — |
| Share repurchases | — | 0 | -306.2M | 0 | — | — |
| Financing cash flow | 55M | 60.8M | 124.9M | -5.8M | 4.7M | -4.3M |
| Net change in cash | -9.1M | 12.4M | 18.2M | -5.3M | 20M | 11.1M |
| Free cash flow | -61.1M | -47.7M | -45.3M | -47.9M | 4.1M | -65.5M |
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 | 17.5M | -31.1M | -20.1M | -10M | 27.3M | -12.8M | -15.5M | 308K | 34.5M | -15.1M | -31.3M | -498K |
| Depreciation & amortization | 5.2M | 855.1K | 1.3M | 2M | 11.5M | 2.7M | 2M | 4M | 8.2M | 1.3M | 2M | 4.8M |
| Stock-based compensation | 6.6M | 9.1M | 5.9M | 4.5M | 3.4M | 2.4M | 2M | 1.7M | 1.1M | 2.3M | 2.4M | -655K |
| Change in working capital | -19.4M | 33.9M | -5.8M | 4M | -15.2M | 17.6M | -7.4M | -4.1M | -3.7M | 9.9M | -2.9M | -14.9M |
| Operating cash flow | 10.2M | 13.2M | -18.5M | 954K | 27.5M | 8.7M | -18.8M | 1.4M | 41M | -8M | -21.1M | -15.7M |
| Capital expenditure | -3.1M | -2.7M | -957K | -486K | -1.2M | -841K | -2.4M | -346K | -297K | -403K | -288K | -442K |
| Investing cash flow | 7.3M | -5.4M | 98K | -486K | -1.2M | -841K | -2.4M | -346K | -297K | -403K | -288K | -442K |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | 0 | 0 | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | -609K | -725.7K | -896K | 7.6M | -1.3M | -734K | -1.2M | -851K | -847K | -221.7M | 4.8M | 17.2M |
| Net change in cash | 16.9M | 7.1M | -19.3M | 8.1M | 25.1M | 7.1M | -22.4M | 244K | 39.8M | -230.1M | -16.6M | 1.1M |
| Free cash flow | 8.9M | 11.7M | -21M | -1.2M | 24.4M | 8M | -21.2M | 169K | 34.3M | -78.8M | -27.1M | -18.9M |