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 | -$1.02 | -$1.7 | -66.7% | — | $61.1M | — |
| Q4 25 | -$1.82 | -$1.7 | +6.6% | — | $66.5M | — |
| Q3 25 | -$1.79 | -$1.86 | -3.9% | — | $54.3M | — |
| Q2 25 | -$2.18 | -$1.99 | +8.7% | — | $51.3M | — |
| Q3 22 | — | -$0.03 | — | — | $31.5M | — |
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 | — | -$10.8 | — | — | $206.9M | — |
| FY24 | — | -$13.7 | — | — | $120.1M | — |
| FY23 | — | -$58 | — | — | $88.5M | — |
| FY22 | — | -$59.5 | — | — | $395.1M | — |
| FY21 | — | -$20.4 | — | — |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | $1.3B | $395.1M | $88.5M | $120.1M | $206.9M |
| YoY change | — | -69.9% | -77.6% | +35.7% | +72.3% |
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 | Q4 24 | Q1 25 | Q2 25 |
|---|
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | 1.3B | 395.1M | 88.5M | 120.1M | 206.9M |
| Cost of revenue | 969.3M | 693.6M | 149.8M | 162.6M | 231.6M |
| Gross profit | 342.3M | -298.5M | -61.3M | -42.5M | -24.7M |
| Gross margin | 26.1% | -75.6% | -69.3% | -35.4% | -11.9% |
| Research & development | 144.5M | 124.3M | 83.8M | — | — |
| Selling, general & administrative | 349.6M | 168.6M | 114.9M | 86.2M | 83.7M |
| Operating expenses | 494.1M | 292.9M | 198.7M | 112.3M | 110.7M |
| Operating income | -152.7M | -595.4M | -262.1M | -188M | -149.5M |
| Operating margin | -11.6% | -150.7% | -296.2% | -156.6% | -72.2% |
| Non-operating income, net | -49.8M | 22.6M | -240.7M | -17.4M | -16.3M |
| Pretax income | -303.5M | -876M | -534.4M | -205.4M | -165.8M |
| Income tax | -2.4M | 1.1M | 2M | 850K | 53K |
| Net income | -301.1M | -877.1M | -536.4M | -206.3M | -165.9M |
| Net margin | -23% | -222% | -606.1% | -171.8% | -80.2% |
| EBITDA | -125.5M | -542.4M | -205.6M | -154.8M | -135.4M |
| EPS | -20.4 | -59.5 | -58 | -13.7 | -10.8 |
| Diluted EPS | -20.4 | -59.5 | -58 | -13.7 | -10.8 |
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 | 20M | 11.4M | 27.1M | 28.2M | 26.7M | 47.2M | 34.8M | 51.3M | 54.3M | 66.5M | 53.5M | 61.1M |
| Cost of revenue | 99M | 18.5M | 45.5M | 36.9M | 43.2M | 37M | 55.7M | 51.1M | 50.6M | 77.9M | 69.2M | 61.3M |
| Gross profit | -79M | -7.1M | -18.4M | -8.7M | -16.5M | 10.3M | -20.9M | 269K | 3.6M | -11.4M | -15.7M | -110K |
| Gross margin | -395% | -62.3% | -67.9% | -30.9% | -61.5% | 21.8% | -60% | 0.52% | 6.68% | -17.2% | -29.3% | -0.18% |
| Research & development | 20.7M | 17.2M | — | — | — | — | — | — | — | — | — | — |
| Selling, general & administrative | 19.3M | 34.3M | 18.6M | 23.7M | 24.7M | 19.2M | 20.3M | 22.6M | 20.7M | 20.1M | 18.2M | 19.8M |
| Operating expenses | 47.9M | 51.5M | 24.1M | 27.7M | 32.5M | 29M | 25.4M | 29.2M | 28.8M | 27.4M | 27.2M | 29.4M |
| Operating income | -116.7M | -59.1M | -51.5M | -44.4M | -57.2M | -26.6M | -50.2M | -32.4M | -28.6M | -41.9M | -45.8M | -32.5M |
| Operating margin | -583.1% | -519% | -190.1% | -157.4% | -213.9% | -56.4% | -144.3% | -63.2% | -52.7% | -63.1% | -85.6% | -53.2% |
| Non-operating income, net | -237M | 1.4M | 183K | 879K | -1.3M | -17.2M | -2.3M | -1.9M | -7.1M | -5.1M | -5.4M | 462K |
| Pretax income | -353.2M | -61.5M | -51.3M | -41.2M | -54.1M | -58.8M | -50.4M | -36.2M | -39M | -40.3M | -50.9M | -31.4M |
| Income tax | 659K | -541K | 143K | 203K | 126K | 378K | 145K | 94K | 145K | -331K | -1.6M | 63K |
| Net income | -353.9M | -61M | -51.5M | -41.4M | -54.2M | -59.2M | -50.6M | -36.3M | -39.1M | -39.9M | -70.3M | -30.6M |
| Net margin | -1.8K% | -535.5% | -190% | -146.7% | -202.7% | -125.4% | -145.3% | -70.7% | -72.1% | -60% | -131.4% | -50% |
| EBITDA | -106.2M | -40.6M | -42.5M | -30.6M | -49M | -18.7M | -46.2M | -28.1M | -28.6M | -35.4M | -47.9M | -28.4M |
| EPS | -35.6 | — | -3.5 | -2.5 | -3.57 | — | -3.33 | -2.37 | -2.56 | -2.5 | -4.29 | -1.64 |
| Diluted EPS | -35.6 | — | -3.5 | -2.5 | -3.57 | — | -3.33 | -2.37 | -2.56 | -2.5 | -4.29 | -1.64 |
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 | — | — | — | — | — | — | 191.5M |
| Enterprise value | — | — | — | — | — | — | 754.7M |
| Shares outstanding | — | 14.8M | 14.8M | 9.2M | 15.1M | 15.4M | 15.4M |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | 55.5 |
| P/S | — | — | — | — | — | — | 0.99 |
| P/B | — | — | — | — | — | — | 3.3 |
| EV/EBITDA | — | — | — | — | — | — | -5.57 |
| EV/Sales | — | — | — | — | — | — | 3.91 |
| Earnings yield | — | — | — | — | — | — | 1.8% |
| FCF yield | — | — | — | — | — | — | -51.8% |
| PEG | — | — | — | — | — | — | -1.79 |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Gross margin | — | 26.1% | -75.6% | -69.3% | -35.4% | -11.9% | -0.18% |
| Operating margin | — | -11.6% | -150.7% | -296.2% | -156.6% | -72.2% | -56.9% |
| Net margin | — | -23% | -222% | -606.1% | -171.8% | -80.2% | -93.2% |
| ROE | — | -44.5% | 522.4% | -437.5% | 354.6% | -446.1% | -250.4% |
| ROA | — | -9.13% | -81% | -59.2% | -22.6% | -11% | -12.1% |
| ROIC | — | -7.25% | -97.6% | -98.7% | -42.3% | -33.3% | -24.3% |
| Return on tangible assets | — | -9.67% | -94.9% | -70.2% | -25% | -11.5% | -12.1% |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Current ratio | — | 1.66 | 2.62 | 3.8 | 1.98 | 1.17 | 0.54 |
| Quick ratio | — | 1.66 | 2.62 | 3.8 | 1.98 | 1.17 | 1.18 |
| Debt / equity | — | 3.5 | -6.53 | 5.48 | -13.2 | 16.5 | 11.4 |
| Debt / assets | — | 0.72 | 1.01 | 0.74 | 0.84 | 0.41 | 0.43 |
| Net debt / EBITDA | — | -11.4 | -1.43 | -0.69 | -3.25 | -3.04 | -3.96 |
| Interest coverage | — | -2.01 | -1.89 | -15.9 | — | — | — |
| Effective tax rate | — | 0% | 0% | 0% | 0% | 0% | 0% |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Revenue per share | — | 88.9 | 26.8 | 9.58 | 7.94 | 13.5 | 11.7 |
| EPS (basic) | — | -20.4 | -59.5 | -58 | -13.7 | -10.8 | -10.8 |
| EPS (diluted) | — | -20.4 | -59.5 | -58 | -13.7 | -10.8 | -10.3 |
| Book value per share | — | 45.9 | -11.4 | 13.3 | -3.85 | 2.42 | 3.05 |
| FCF per share | — | 19.8 | 61.2 | -18.4 | -25.8 | -11.6 | -8.89 |
| Cash per share | — | 63.6 | 21.6 | 57.3 | 17.5 | 13.2 | 5.57 |
| Capex per share | — | 1.07 | 0.49 | 0.03 | 0.03 | 0.65 | 0.52 |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Capex / revenue | — | 1.2% | 1.82% | 0.35% | 0.37% | 4.85% | 4.09% |
| Capex / operating cash flow | — | 5.13% | 0.75% | -0.07% | -0.11% | -6.02% | -6.21% |
| Payout ratio | — | — | — | — | — | — | 0% |
| $1.3B |
| — |
| Q3 25 |
|---|
| Q4 25 |
|---|
| Q1 26 |
|---|
| Q2 26 |
|---|
| Revenue | $20M | $11.4M | $27.1M | $28.2M | $26.7M | $47.2M | $34.8M | $51.3M | $54.3M | $66.5M | $53.5M | $61.1M |
| YoY change | -36.5% | +29.2% | +12.5% | -14.9% | +33.7% | +314.8% | +28.4% | +82% | +102.9% | +40.8% | +53.8% | +19.1% |
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 | — | 938.3M | 318M | 529.2M | 264.9M | 203.4M |
| Receivables | — | — | — | — | — | — |
| Inventory | — | 1.1M | 1.1M | 0 | — | — |
| Total current assets | 562.7K | 3.1B | 694.2M | 792.1M | 861.9M | 1.5B |
| Property, plant & equipment | — | 97.9M | 70.2M | 36.4M | 4.1M | 6.6M |
| Goodwill & intangibles | — | 184.6M | 158.8M | 141M | 89.1M | 66M |
| Total assets | 562.7K | 3.3B | 1.1B | 905.6M | 913.1M | 1.5B |
| Accounts payable | — | 133.3M | 82.4M | 66.6M | 48.1M | 74.6M |
| Short-term debt | 25.7K | 1.7B | 144M | 126.2M | 244.1M | 411.9M |
| Total current liabilities | 557.7K | 1.9B | 264.7M | 208.3M | 435.6M | 1.3B |
| Long-term debt | — | 700M | 951.9M | 545.8M | 523.8M | 203.4M |
| Total liabilities | 557.7K | 2.6B | 1.3B | 783M | 971.2M | 1.5B |
| Shareholders' equity | 5K | 676.4M | -167.9M | 122.6M | -58.2M | 37.2M |
| Total debt | 25.7K | 2.4B | 1.1B | 672.1M | 767.9M | 615.3M |
| Net debt | — | 1.4B | 778M | 168.5M | 556.8M | 515.5M |
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 | 556.6M | 529.2M | 482.6M | 378.8M | 262.1M | 264.9M | 228M | 221.5M | 205.8M | 203.4M | 64.3M | 102.3M |
| Receivables | — | — | — | — | — | — | — | — | — | — | — | — |
| Inventory | 0 | 0 | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 811.1M | 792.1M | 742.1M | 861M | 766.3M | 861.9M | 948.7M | 1.2B | 1.3B | 1.5B | 1.5B | 1.5B |
| Property, plant & equipment | 41.4M | 36.4M | 34.7M | 33.9M | 16.3M | 4.1M | 7.9M | 6.7M | 6.5M | 6.6M | 6.4M | 6.4M |
| Goodwill & intangibles | 161.8M | 141M | 126.1M | 116.4M | 116.2M | 89.1M | 89M | 92.1M | 92.1M | 66M | 57.9M | 56.9M |
| Total assets | 937.1M | 905.6M | 841.6M | 957.9M | 845.2M | 913.1M | 1B | 1.2B | 1.4B | 1.5B | 1.6B | 1.5B |
| Accounts payable | 103.4M | 66.6M | 55.7M | 62.3M | 68.6M | 48.1M | 58.9M | 63.8M | 74.3M | 74.6M | 60.4M | 50.1M |
| Short-term debt | 73.5M | 126.2M | 126.2M | 247.4M | 134.5M | 244.1M | 236M | 371.2M | 349.8M | 411.9M | 507.6M | 454.3M |
| Total current liabilities | 190.5M | 208.3M | 197.5M | 350.3M | 305.6M | 435.6M | 562.4M | 924.6M | 1.1B | 1.3B | 1.3B | 1.3B |
| Long-term debt | 546.3M | 545.8M | 544M | 543.6M | 522.8M | 523.8M | 528.9M | 206.4M | 203.9M | 203.4M | 203.2M | 203.4M |
| Total liabilities | 779.8M | 783M | 765.3M | 913M | 844.8M | 971.2M | 1.1B | 1.2B | 1.3B | 1.5B | 1.6B | 1.5B |
| Shareholders' equity | 157.2M | 122.6M | 76.3M | 44.9M | 388K | -58.2M | -102.1M | 76.6M | 41.9M | 37.2M | 8.6M | 57.9M |
| Total debt | 619.8M | 672.1M | 670.1M | 790.9M | 657.3M | 767.9M | 764.9M | 577.6M | 553.7M | 615.3M | 710.8M | 657.7M |
| Net debt | 93.1M | 168.5M | 245.6M | 470M | 449.6M | 556.8M | 654.3M | 490.5M | 479.8M | 515.5M | 646.5M | 555.5M |
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 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Net income | -301.1M | -877.1M | -536.4M | -206.3M | -165.9M |
| Depreciation & amortization | 27.2M | 49.4M | 42.9M | 33.2M | 14.1M |
| Stock-based compensation | 55.2M | 30.5M | 54.2M | 26.8M | 20.4M |
| Change in working capital | -30.7M | -55.6M | -63M | -27.7M | 16.4M |
| Operating cash flow | 306.2M | 957.7M | -414.7M | -400.6M | -166.6M |
| Capital expenditure | -15.7M | -7.2M | 308K | -450K | -10M |
| Investing cash flow | -20.8M | -11M | -29.3M | -137.1M | -660.3M |
| Dividends paid | — | — | — | — | — |
| Share repurchases | -5.6M | -7.9M | 0 | — | — |
| Financing cash flow | -257.1M | -3.1B | 362M | 239M | 714.3M |
| Net change in cash | 28.3M | -2.1B | -82M | -298.7M | -112.6M |
| Free cash flow | 292.6M | 903M | -169.5M | -390.1M | -177.8M |
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 | -353.9M | -61M | -51.5M | -41.4M | -54.2M | -59.2M | -50.6M | -40.9M | -47.6M | -39.9M | -49.4M | -31.5M |
| Depreciation & amortization | 10.5M | 10.1M | 9.1M | 8M | 8.3M | 7.9M | 4M | 3.7M | 3.8M | 3.2M | 3M | 3M |
| Stock-based compensation | 39.4M | 16.8M | 8.8M | 7.6M | 5.5M | 4.9M | 4M | 4.3M | 4.3M | 7.9M | 23.8M | 14.6M |
| Change in working capital | -15.8M | -44.6M | -11.1M | -3.8M | 8.9M | -21.7M | 5.4M | -2.3M | -6.3M | 14.1M | -5.1M | -13.1M |
| Operating cash flow | -154.9M | -82.3M | -39.7M | -207M | -25M | -128.8M | -48.5M | -56.3M | 3.9M | -57.3M | -125.2M | 23.5M |
| Capital expenditure | -53K | -77K | -473K | -1.3M | -1.2M | 2.5M | -202K | -2.5M | -2.6M | -2.6M | -2.3M | -2.1M |
| Investing cash flow | 3M | 4.2M | -33M | -1.3M | -46.8M | -29.4M | -156.5M | -222.7M | -207.3M | -71.6M | 23K | -2.1M |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | 224K | 0 | 0 | 0 | — | — | — | — | — | — | — | — |
| Financing cash flow | 338.3M | -421.9M | -1.2M | 24.8M | -51.7M | 145.9M | 118.8M | 119.4M | 190M | 158.9M | 107.4M | 12.8M |
| Net change in cash | 186.4M | -500M | -73.9M | -183.5M | -123.5M | -12.3M | -86.1M | -159.6M | -13.4M | 30M | -17.7M | 34.1M |
| Free cash flow | 60M | -84.4M | -43.7M | -223.5M | -13.8M | -109.1M | -59.7M | -59.2M | 1.1M | -60.2M | -127.9M | 21.3M |