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 25 | $0.04 | $0.04 | 0.0% | — | $84.4M | — |
| Q1 25 | $0.05 | $0.07 | +40.0% | — | $82.4M | — |
| Q4 24 | $0.07 | $0.11 | +57.1% | — | $87M | — |
| Q3 24 | $0.03 | $0.06 | +100.0% | — | $83.7M | — |
| Q2 24 | $0.03 | $0.05 | +66.7% | — | $81.8M | — |
| Q1 24 | $0.04 | $0.07 | +75.0% | — | $80.4M | — |
| Q4 23 | $0.05 | $0.09 | +80.0% | — | $84.1M | — |
| Q3 23 | -$0.03 | $0.01 | +133.3% | — | $78M | — |
| Q2 23 | -$0.09 | -$0.02 | +77.8% | — | $75.4M | — |
| Q1 23 | -$0.13 | -$0.07 | +46.2% | — | $71.8M | — |
| Q4 22 | -$0.19 | -$0.1 | +47.4% | — | $72.4M | — |
| Q3 22 | -$0.21 | -$0.15 | +28.6% | — | $72.4M | — |
| Q2 22 | -$0.24 | -$0.19 | +20.8% | — | $68.2M | — |
| Q1 22 | -$0.18 | -$0.18 | 0.0% | — | $66M | — |
| Q4 21 | -$0.12 | -$0.17 | -41.7% | — | $64.9M | — |
| Q3 21 | -$0.14 | -$0.06 | +57.1% | — | $59.3M | — |
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 % |
|---|---|---|---|---|---|---|
| FY24 | — | -$0.35 | — | — | $332.9M | — |
| FY23 | — | -$0.86 | — | — | $309.4M | — |
| FY22 | — | -$1.91 | — | — | $279.1M | — |
| FY21 | — | -$1.08 | — | — | $219.9M | — |
| FY20 | — | -$0.99 |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 |
|---|---|---|---|---|---|---|---|
| Revenue | $91.9M | $112.1M | $152.4M | $219.9M | $279.1M | $309.4M | $332.9M |
| YoY change | — | +22% | +35.9% | +44.3% | +26.9% | +10.9% | +7.61% |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | Q3 22 | Q4 22 |
|---|
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 |
|---|---|---|---|---|---|---|---|
| Revenue | 91.9M | 112.1M | 152.4M | 219.9M | 279.1M | 309.4M | 332.9M |
| Cost of revenue | 21.9M | 27M | 34.1M | 48.5M | 70M | 74.2M | 77.6M |
| Gross profit | 69.9M | 85.1M | 118.2M | 171.4M | 209.1M | 235.2M | 255.3M |
| Gross margin | 76.1% | 75.9% | 77.6% | 77.9% | 74.9% | 76% | 76.7% |
| Research & development | 42.5M | 43.1M | 48.3M | 64.5M | 88.3M | 83.5M | 80.9M |
| Selling, general & administrative | 65.4M | 82.9M | 108.6M | 156.2M | 210.8M | 199.1M | 191.4M |
| Operating expenses | 107.9M | 126.1M | 156.9M | 220.7M | 299M | 282.5M | 272.3M |
| Operating income | -38M | -41M | -38.7M | -52.6M | -98M | -55.8M | -26.7M |
| Operating margin | -41.3% | -36.6% | -25.4% | -23.9% | -35.1% | -18% | -8.01% |
| Non-operating income, net | -52K | -208K | 4.2M | -23.4M | -42.8M | -17.5M | -3.9M |
| Pretax income | -38.9M | -42.6M | -37.5M | -76.7M | -139.4M | -64.7M | -26M |
| Income tax | 10K | 28K | 25K | -34K | 495K | 0 | 1M |
| Net income | -38.9M | -42.6M | -37.6M | -76.7M | -139.9M | -64.7M | -27M |
| Net margin | -42.3% | -38% | -24.7% | -34.9% | -50.1% | -20.9% | -8.12% |
| EBITDA | -35.5M | -38.4M | -35.8M | -47M | -84.6M | -34.6M | -4.2M |
| EPS | -0.77 | -0.88 | -0.99 | -1.08 | -1.91 | -0.86 | -0.35 |
| Diluted EPS | -0.77 | -0.88 | -0.99 | -1.08 | -1.91 | -0.86 | -0.35 |
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | Q3 22 | Q4 22 | Q1 23 | Q2 23 | Q3 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 72.4M | 72.4M | 71.8M | 75.4M | 78M | 84.1M | 80.4M | 81.8M | 83.7M | 87M | 82.4M | 84.4M |
| Cost of revenue | 17.5M | 18.5M | 17.4M | 18.8M | 19.1M | 18.9M | 18.4M | 19.8M | 19.9M | 19.5M | 17M | 17.7M |
| Gross profit | 54.9M | 53.9M | 54.3M | 56.7M | 59M | 65.2M | 61.9M | 62M | 63.8M | 67.6M | 65.4M | 66.7M |
| Gross margin | 75.8% | 74.5% | 75.7% | 75.1% | 75.6% | 77.5% | 77.1% | 75.8% | 76.3% | 77.6% | 79.4% | 79% |
| Research & development | 22.2M | 22.7M | 20.8M | 21.4M | 21.7M | 19.5M | 20M | 20.3M | 20.8M | 19.8M | 19.2M | 18.3M |
| Selling, general & administrative | 54.9M | 52.8M | 50.5M | 50M | 50.6M | 47.9M | 47.4M | 49.9M | 49.6M | 44.6M | 44M | 50.9M |
| Operating expenses | 77.2M | 75.5M | 71.4M | 71.4M | 72.3M | 67.4M | 67.3M | 70.1M | 70.4M | 64.4M | 63.2M | 69.2M |
| Operating income | -24.3M | -23.6M | -19.1M | -16.8M | -15.3M | -4.5M | -7.9M | -10.6M | -9M | 807K | -165K | -5.1M |
| Operating margin | -33.6% | -32.6% | -26.6% | -22.2% | -19.7% | -5.39% | -9.82% | -12.9% | -10.8% | 0.93% | -0.2% | -6% |
| Non-operating income, net | -6.6M | -10.5M | -4.5M | -4.2M | -7.2M | -1.7M | -665K | -3M | 1.8M | -1.9M | 1.6M | -1.7M |
| Pretax income | -30.2M | -32.7M | -21.9M | -18.9M | -20.2M | -3.7M | -6.1M | -11.1M | -6.7M | -2.1M | 171K | -8.2M |
| Income tax | 86K | 254K | 197K | 210K | 145K | -552K | 290K | 132K | 269K | 324K | 524K | 221K |
| Net income | -30.3M | -33M | -22.1M | -19.1M | -20.3M | -3.2M | -6.4M | -11.3M | -7M | -2.4M | -353K | -8.4M |
| Net margin | -41.9% | -45.5% | -30.8% | -25.3% | -26% | -3.77% | -7.95% | -13.8% | -8.35% | -2.75% | -0.43% | -9.93% |
| EBITDA | -20.8M | -18.6M | -14.2M | -11.6M | -9.9M | 1.1M | -2.1M | -4.5M | -3.3M | 5.7M | 5.5M | 174K |
| EPS | -0.41 | — | -0.3 | -0.25 | -0.27 | -0.04 | -0.08 | -0.15 | -0.09 | -0.03 | 0 | -0.1 |
| Diluted EPS | -0.41 | — | -0.3 | -0.25 | -0.27 | -0.04 | -0.08 | -0.15 | -0.09 | -0.03 | 0 | -0.1 |
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 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | Current |
|---|---|---|---|---|---|---|---|---|
| Market cap | — | — | — | — | 640M | 731.1M | 474.9M | 253.9M |
| Enterprise value | — | — | — | — | 686.6M | 811.3M | 517.3M | 394.1M |
| Shares outstanding | 56.9M | 56.9M | 39.1M | 70.9M | 73.2M | 75.1M | 77.6M | 77.6M |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | Current |
|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | — | -9.06 |
| P/S | — | — | — | — | 2.29 | 2.36 | 1.43 | 1.14 |
| P/B | — | — | — | — | 14 | 28.6 | 14.2 | 9.92 |
| EV/EBITDA | — | — | — | — | -8.12 | -23.5 | -123.2 | 259.9 |
| EV/Sales | — | — | — | — | 2.46 | 2.62 | 1.55 | 1.17 |
| Earnings yield | — | — | — | — | — | — | — | -11% |
| FCF yield | — | — | — | — | -14.8% | -3.89% | 4.74% | 19.5% |
| PEG | — | — | — | — | — | — | — | 0.27 |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | Current |
|---|---|---|---|---|---|---|---|---|
| Gross margin | 76.1% | 75.9% | 77.6% | 77.9% | 74.9% | 76% | 76.7% | 79% |
| Operating margin | -41.3% | -36.6% | -25.4% | -23.9% | -35.1% | -18% | -8.01% | -5.99% |
| Net margin | -42.3% | -38% | -24.7% | -34.9% | -50.1% | -20.9% | -8.12% | -5.37% |
| ROE | 18.4% | 16.6% | -17.3% | -55.4% | -306.4% | -253.3% | -81% | -55.9% |
| ROA | -65.8% | -76% | -13.6% | -13.8% | -29.5% | -14.6% | -7.94% | -2.22% |
| ROIC | 17% | 19.9% | -294.1% | -60.6% | -106.2% | -52.7% | -35.2% | -19.1% |
| Return on tangible assets | -65.8% | -76% | -13.6% | -19.1% | -43.8% | -22.6% | -13.4% | -10.7% |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | Current |
|---|---|---|---|---|---|---|---|---|
| Current ratio | 1.92 | 0.93 | 5.54 | 7.24 | 4.75 | 4.83 | 2.85 | 2.13 |
| Quick ratio | 1.92 | 0.93 | 5.54 | 7.24 | 4.75 | 4.83 | 2.85 | 2.13 |
| Debt / equity | -0.12 | -0.23 | 0.07 | 2.52 | 7.67 | 13.7 | 6.61 | 4.28 |
| Debt / assets | 0.41 | 1.06 | 0.06 | 0.63 | 0.74 | 0.79 | 0.65 | 0.55 |
| Net debt / EBITDA | 0.33 | -1.34 | 5.69 | 1.09 | -0.55 | -2.32 | -10.1 | 3.92 |
| Interest coverage | -25.1 | -25.4 | -11.1 | -301 | -159.6 | -70.2 | -4.1 | -0.65 |
| Effective tax rate | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | Current |
|---|---|---|---|---|---|---|---|---|
| Revenue per share | 1.61 | 1.97 | 3.9 | 3.1 | 3.81 | 4.12 | 4.29 | 4.28 |
| EPS (basic) | -0.77 | -0.88 | -0.99 | -1.08 | -1.91 | -0.86 | -0.35 | -0.35 |
| EPS (diluted) | -0.77 | -0.88 | -0.99 | -1.08 | -1.91 | -0.86 | -0.35 | -0.23 |
| Book value per share | -3.72 | -4.52 | 5.54 | 1.95 | 0.62 | 0.34 | 0.43 | 0.48 |
| FCF per share | -0.6 | -0.8 | -0.73 | -0.61 | -1.29 | -0.38 | 0.29 | 0.31 |
| Cash per share | 0.64 | 0.14 | 5.61 | 5.64 | 4.14 | 3.59 | 2.3 | 1.67 |
| Capex per share | 0.06 | 0.1 | 0.05 | 0.05 | 0.07 | 0.06 | 0.05 | 0.05 |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | Current |
|---|---|---|---|---|---|---|---|---|
| Capex / revenue | 3.62% | 4.98% | 1.29% | 1.5% | 1.86% | 1.35% | 1.12% | 1.28% |
| Capex / operating cash flow | -10.1% | -11.8% | -6.41% | -5.35% | -5% | -310.7% | 14.4% | 12% |
| Payout ratio | — | 0% | -34.1% | 0% | 0% | — | — | 0% |
| Dividend yield | — | — | — | — | 0% | — | — | — |
| — |
| — |
| $152.4M |
| — |
| FY19 | — | -$0.88 | — | — | $112.1M | — |
| FY18 | — | -$0.77 | — | — | $91.9M | — |
| Q1 23 |
|---|
| Q2 23 |
|---|
| Q3 23 |
|---|
| Q4 23 |
|---|
| Q1 24 |
|---|
| Q2 24 |
|---|
| Q3 24 |
|---|
| Q4 24 |
|---|
| Q1 25 |
|---|
| Q2 25 |
|---|
| Revenue | $72.4M | $72.4M | $71.8M | $75.4M | $78M | $84.1M | $80.4M | $81.8M | $83.7M | $87M | $82.4M | $84.4M |
| YoY change | +22.1% | +11.6% | +8.64% | +10.6% | +7.81% | +16.2% | +12% | +8.46% | +7.26% | +3.42% | +2.5% | +3.18% |
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 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 |
|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 36.2M | 7.8M | 219.4M | 399.9M | 303.5M | 270.1M | 178.2M |
| Receivables | 10.2M | 15.5M | 22.9M | 39.8M | 35.1M | 37.7M | 48.1M |
| Inventory | — | — | — | — | — | — | — |
| Total current assets | 53.1M | 31.7M | 254.1M | 454.5M | 374.2M | 342M | 251.2M |
| Property, plant & equipment | 5.2M | 22.3M | 19M | 16.9M | 15M | 14.6M | 11.1M |
| Goodwill & intangibles | — | — | 0 | 154.9M | 154.7M | 158.3M | 138.5M |
| Total assets | 59.1M | 56.1M | 276.6M | 555.5M | 474.1M | 444.1M | 340.3M |
| Accounts payable | 5.5M | 3.9M | 5.8M | 8.2M | 7M | 8M | 7M |
| Short-term debt | 946K | 5.1M | 3.2M | 2.7M | 2.6M | 3.1M | 2.4M |
| Total current liabilities | 27.6M | 33.9M | 45.9M | 62.8M | 78.8M | 70.8M | 88M |
| Long-term debt | 23.4M | 54.2M | 12.7M | 345.8M | 347.5M | 347.2M | 218.1M |
| Total liabilities | 270.6M | 313.4M | 59.9M | 417.2M | 428.4M | 418.5M | 306.9M |
| Shareholders' equity | -211.5M | -257.3M | 216.8M | 138.3M | 45.7M | 25.5M | 33.4M |
| Total debt | 24.4M | 59.3M | 15.8M | 348.4M | 350.1M | 350.3M | 220.6M |
| Net debt | 11.6M | 51.5M | -203.6M | 50.8M | 258.5M | 278.6M | 131.7M |
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 22 | Q4 22 | Q1 23 | Q2 23 | Q3 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 306.7M | 303.5M | 282.3M | 297.4M | 265.4M | 270.1M | 265.2M | 275.8M | 168.4M | 178.2M | 120.7M | 134.5M |
| Receivables | 48.1M | 35.1M | 59M | 52.2M | 51.8M | 37.7M | 39.3M | 40.2M | 38.2M | 48.1M | 36.5M | 51.8M |
| Inventory | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 375.5M | 374.2M | 362.9M | 371.1M | 341.5M | 342M | 343.5M | 355.8M | 243.5M | 251.2M | 192.7M | 209.7M |
| Property, plant & equipment | 19.3M | 15M | 15.6M | 15.4M | 15.2M | 14.6M | 14M | 13.6M | 11.7M | 11.1M | 15.6M | 16.1M |
| Goodwill & intangibles | 158.3M | 154.7M | 150.6M | 146.5M | 142.5M | 158.3M | 153.3M | 148.1M | 143.3M | 138.5M | 138.7M | 133.7M |
| Total assets | 481.4M | 474.1M | 461.5M | 467.5M | 436M | 444.1M | 442.5M | 452.5M | 335.1M | 340.3M | 286.3M | 302.5M |
| Accounts payable | 7.2M | 7M | 7.5M | 6.5M | 6.3M | 8M | 7.1M | 6.7M | 8.1M | 7M | 7.8M | 8.8M |
| Short-term debt | 2.7M | 2.6M | 2.5M | 3M | 2.9M | 3.1M | 3M | 2.8M | 2.9M | 2.4M | 2M | 1.8M |
| Total current liabilities | 66.3M | 78.8M | 77.4M | 91.5M | 67.1M | 70.8M | 67.9M | 78.8M | 86.6M | 88M | 82.3M | 98.3M |
| Long-term debt | 347.6M | 347.5M | 347.4M | 347.7M | 347.5M | 347.2M | 347M | 346.9M | 218.8M | 218.1M | 164.8M | 164.3M |
| Total liabilities | 416.3M | 428.4M | 427.1M | 440.6M | 416.1M | 418.5M | 415.6M | 426.4M | 306.2M | 306.9M | 248.2M | 263.8M |
| Shareholders' equity | 65.1M | 45.7M | 34.4M | 26.9M | 19.9M | 25.5M | 26.9M | 26.1M | 29M | 33.4M | 38.1M | 38.8M |
| Total debt | 350.3M | 350.1M | 349.9M | 350.7M | 350.4M | 350.3M | 350M | 349.7M | 221.7M | 220.6M | 166.8M | 166M |
| Net debt | 249.7M | 258.5M | 288.8M | 276.2M | 280.6M | 278.6M | 289.1M | 216.6M | 186.3M | 131.7M | 114.7M | 119.8M |
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 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 |
|---|---|---|---|---|---|---|---|
| Net income | -38.9M | -42.6M | -37.6M | -76.7M | -139.9M | -64.7M | -27M |
| Depreciation & amortization | 1.8M | 2.6M | 3.1M | 6.2M | 11.4M | 12.5M | 13.8M |
| Stock-based compensation | 2.1M | 3.2M | 11.1M | 25.4M | 42.3M | 41.2M | 35.4M |
| Change in working capital | 2.1M | -10.5M | -8M | -17.3M | -19.7M | 7.5M | 202K |
| Operating cash flow | -32.8M | -47.3M | -30.6M | -61.8M | -103.9M | -1.3M | 25.8M |
| Capital expenditure | -3.3M | -5.6M | -2M | -3.3M | -5.2M | -4.2M | -3.7M |
| Investing cash flow | -26.5M | 17.9M | -2M | -186.9M | -116.5M | 2.8M | 105.3M |
| Dividends paid | — | 0 | -12.8M | 0 | 0 | — | — |
| Share repurchases | — | — | — | — | — | — | — |
| Financing cash flow | 63.6M | 16.4M | 236.7M | 299.4M | 0 | -2.6M | -115.7M |
| Net change in cash | 4.3M | -12.9M | 204.1M | 50.7M | -220.4M | -1.1M | 15.4M |
| Free cash flow | -33.9M | -45.5M | -28.5M | -43.6M | -94.6M | -28.4M | 22.5M |
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 22 | Q4 22 | Q1 23 | Q2 23 | Q3 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income | -30.3M | -33M | -22.1M | -19.1M | -20.3M | -3.2M | -6.4M | -11.3M | -7M | -2.4M | -353K | -8.4M |
| Depreciation & amortization | 3M | 2.8M | 2.9M | 2.9M | 3.1M | 3.5M | 3.5M | 3.5M | 3.5M | 3.3M | 4.3M | 3.8M |
| Stock-based compensation | 10.6M | 12.1M | 10.5M | 11.3M | 11.8M | 7.6M | 8.4M | 10M | 10.2M | 6.8M | 5.2M | 7.2M |
| Change in working capital | -4.6M | -4M | -4.5M | 10.9M | 2.3M | -1.1M | -698K | 59K | 5.8M | -5M | 7.7M | -734K |
| Operating cash flow | -20.8M | -14.2M | -12.8M | 6.5M | -2.4M | 7.3M | 5.3M | 2.8M | 11.6M | 6.2M | 16.6M | 1.7M |
| Capital expenditure | -720K | -990K | -1.1M | -1M | -1.1M | -1M | -806K | -1.1M | -1.1M | -787K | -825K | -1.7M |
| Investing cash flow | -69.3M | -6.4M | -9.7M | -2.7M | 26.4M | -11.2M | -6.9M | 60.3M | 9.3M | 42.6M | 19.8M | -21.2M |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | 0 | 0 | -330K | 270K | -1.2M | -288K | -1.5M | -137K | -112.3M | -1.8M | -56M | -126K |
| Net change in cash | -90.1M | -20.6M | -22.8M | 4.1M | 22.8M | -4.2M | -3.1M | 63M | -91.5M | 47M | -19.5M | -19.6M |
| Free cash flow | -51.5M | -3.7M | -21.9M | 13.7M | -32.5M | 12.2M | -4.2M | 10.7M | 4.5M | 11.6M | -2.9M | 11.9M |