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 % |
|---|---|---|---|---|---|---|
| Q1 26 | -$2.29 | -$1.84 | +19.7% | — | $22.3M | — |
| Q3 25 | -$2.67 | -$2.4 | +10.1% | — | $33M | — |
| Q2 25 | -$2.82 | -$1.92 | +31.9% | — | — | — |
| Q1 25 | -$3.79 | -$2.73 | +28.0% | — | — | — |
| Q4 24 | -$3.45 | -$3 | +13.0% | — | — | — |
| Q3 24 | -$3.26 | -$2.65 | +18.7% | — | — | — |
| Q2 24 | -$3.52 | -$2.3 | +34.7% | — | — | — |
| Q1 24 | -$4.3 | -$3.41 | +20.7% | — | — | — |
| Q4 23 | -$4.6 | -$3.68 | +20.0% | — | — | — |
| Q3 23 | -$0.22 | -$0.18 | +18.2% | — | — | — |
| Q2 23 | -$0.22 | -$0.18 | +18.2% | — | $70.5M | — |
| Q1 23 | -$0.24 | -$0.21 | +12.5% | — | $54.4M | — |
| Q4 22 | -$0.12 | -$0.12 | 0.0% | — | $84.2M | — |
| Q3 22 | -$0.17 | -$0.15 | +11.8% | — | $72.7M | — |
| Q2 22 | -$0.16 | -$0.12 | +25.0% | — | $78.2M | — |
| Q1 22 | -$0.12 | -$0.15 | -25.0% | — | $62.8M | — |
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 | — | -$9.47 | — | — | $152.5M | — |
| FY24 | — | -$11.9 | — | — | $189.8M | — |
| FY23 | — | -$20.2 | — | — | $254.1M | — |
| FY22 | — | -$13.6 | — | — | $297.8M | — |
| FY21 | — |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|
| Revenue | $193.7M | $219.3M | $277.5M | $297.8M | $254.1M | $189.8M | $152.5M |
| YoY change | — | +13.2% | +26.5% | +7.31% | -14.7% | -25.3% | -19.7% |
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 |
|---|
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|
| Revenue | 193.7M | 219.3M | 277.5M | 297.8M | 254.1M | 189.8M | 152.5M |
| Cost of revenue | 94.8M | 106.6M | 130.8M | 168.1M | 149.8M | 108.7M | 89.9M |
| Gross profit | 98.8M | 112.7M | 146.7M | 129.6M | 104.2M | 81.1M | 62.6M |
| Gross margin | 51% | 51.4% | 52.9% | 43.5% | 41% | 42.7% | 41% |
| Research & development | — | — | — | — | — | — | — |
| Selling, general & administrative | 107.8M | 142M | 179.5M | 225.8M | 223.1M | 175M | 137.7M |
| Operating expenses | 107.8M | 142M | 179.5M | 225.8M | 223.1M | 175M | 137.7M |
| Operating income | -9M | -29.2M | -32.9M | -96.2M | -118.9M | -94M | -75.2M |
| Operating margin | -4.65% | -13.3% | -11.8% | -32.3% | -46.8% | -49.5% | -49.3% |
| Non-operating income, net | -1.7M | -452K | -11.5M | -3.9M | -37.3M | -983K | -648K |
| Pretax income | -10.9M | -30M | -44.6M | -100.1M | -152.1M | -91.4M | -76.9M |
| Income tax | 3.7M | -4.1M | 810K | 1.2M | 334K | 1.9M | 393K |
| Net income | -14.5M | -25.9M | -45.4M | -101.4M | -152.5M | -93.3M | -77.3M |
| Net margin | -7.5% | -11.8% | -16.4% | -34% | -60% | -49.2% | -50.7% |
| EBITDA | -7.4M | -22.6M | -34.7M | -77.5M | -60.9M | -77.5M | -63M |
| EPS | -2.29 | -4.07 | -13 | -13.6 | -20.2 | -11.9 | -9.47 |
| Diluted EPS | -2.29 | -4.07 | -13 | -13.6 | -20.2 | -11.9 | -9.47 |
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 | — | — | — | — | — | — | — | — | 33M | 47.7M | 22.3M | 2.8M |
| Cost of revenue | — | — | — | — | — | — | — | — | 18.7M | 29.9M | 16.1M | 2.8M |
| Gross profit | — | — | — | — | — | — | — | — | 14.2M | 17.8M | 6.2M | 0 |
| Gross margin | — | — | — | — | — | — | — | — | 43.2% | 37.2% | 27.8% | 0% |
| Research & development | — | — | — | — | — | — | — | — | — | — | — | — |
| Selling, general & administrative | — | — | — | — | — | — | — | — | 33.4M | 34.4M | 25.9M | 10.7M |
| Operating expenses | — | — | — | — | — | — | — | — | 33.4M | 34.4M | 25.9M | 10.7M |
| Operating income | — | — | — | — | — | — | — | — | -19.2M | -16.7M | -19.7M | -10.7M |
| Operating margin | — | — | — | — | — | — | — | — | -58.1% | -34.9% | -88.3% | -387.8% |
| Non-operating income, net | — | — | — | — | — | — | — | — | -726K | -1.7M | -89K | -732K |
| Pretax income | — | — | — | — | — | — | — | — | -20.3M | -19.4M | -20.6M | -12.8M |
| Income tax | 134K | -297K | 239K | 552K | 86K | 994K | 66K | 81K | 72K | 174K | 79K | -28K |
| Net income | — | — | — | — | — | — | — | — | -20.3M | -19.6M | -20.7M | -16.4M |
| Net margin | — | — | — | — | — | — | — | — | -61.6% | -41.1% | -92.9% | -593.5% |
| EBITDA | — | — | — | — | — | — | — | — | -19.2M | -11M | -16M | -11.3M |
| EPS | -4.15 | -7.4 | -3.6 | -2.4 | -2.68 | -3.23 | -2.73 | -1.92 | -2.49 | — | -2.37 | -1.79 |
| Diluted EPS | -4.15 | -7.4 | -3.6 | -2.4 | -2.68 | -3.23 | -2.73 | -1.92 | -2.49 | — | -2.37 | -1.79 |
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 | — | — | — | — | 185.8M | 54.8M | 33.5M | 27.5M |
| Enterprise value | — | — | — | — | 149.7M | 41.7M | 46.4M | 4.6M |
| Shares outstanding | 6.3M | 6.3M | 3.5M | 7.4M | 7.6M | 7.9M | 8.2M | 8.2M |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | — | -0.25 |
| P/S | — | — | — | — | 0.73 | 0.29 | 0.22 | 0.18 |
| P/B | — | — | — | — | 1 | 0.54 | 0.93 | 1.22 |
| EV/EBITDA | — | — | — | — | -2.46 | -0.54 | -0.74 | -0.06 |
| EV/Sales | — | — | — | — | 0.59 | 0.22 | 0.3 | 0.03 |
| Earnings yield | — | — | — | — | — | — | — | -404.7% |
| FCF yield | — | — | — | — | -22.1% | -124% | -174.1% | 6.03% |
| PEG | — | — | — | — | — | — | — | 0.04 |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Gross margin | 51% | 51.4% | 52.9% | 43.5% | 41% | 42.7% | 41% | 36.1% |
| Operating margin | -4.65% | -13.3% | -11.8% | -32.3% | -46.8% | -49.5% | -49.3% | -387.8% |
| Net margin | -7.5% | -11.8% | -16.4% | -34% | -60% | -49.2% | -50.7% | -49.6% |
| ROE | 159.3% | 101.4% | -11.4% | -32% | -82.3% | -91.8% | -215.2% | -178% |
| ROA | -9.4% | -10.6% | -9.29% | -21.9% | -48.8% | -49.4% | -70.6% | -54.3% |
| ROIC | 10.8% | 19.2% | -30.3% | -37.7% | -79.6% | -106% | -153.8% | 7.3K% |
| Return on tangible assets | -9.4% | -10.6% | -9.3% | -21.9% | -48.8% | -49.4% | -70.7% | -167% |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Current ratio | 2.61 | 3.93 | 5.48 | 6.18 | 4.37 | 2.94 | 2.02 | 3.7 |
| Quick ratio | 1.75 | 2.85 | 4.16 | 3.84 | 3.18 | 1.95 | 1.06 | 3.7 |
| Debt / equity | — | — | 0 | 0.33 | 0.51 | 0.53 | 1.1 | 0.64 |
| Debt / assets | — | — | 0 | 0.23 | 0.3 | 0.28 | 0.36 | 0.31 |
| Net debt / EBITDA | — | — | 8.31 | 0.79 | 0.59 | 0.17 | -0.21 | 0.41 |
| Interest coverage | -112 | -99.9 | -249.3 | — | — | — | -71.1 | -71.1 |
| Effective tax rate | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Revenue per share | 30.5 | 34.5 | 80.1 | 40 | 33.5 | 24.1 | 18.7 | 18 |
| EPS (basic) | -2.29 | -4.07 | -13 | -13.6 | -20.2 | -11.9 | -9.47 | -9.47 |
| EPS (diluted) | -2.29 | -4.07 | -13 | -13.6 | -20.2 | -11.9 | -9.47 | -10 |
| Book value per share | -1.44 | -4.02 | 114.6 | 42.6 | 24.4 | 12.9 | 4.4 | 1.91 |
| FCF per share | -2.06 | -7.71 | -21.7 | -16.4 | -5.42 | -8.64 | -7.14 | -5.04 |
| Cash per share | 11.7 | 19.9 | 83.3 | 22.5 | 17.1 | 8.49 | 3.27 | 3.17 |
| Capex per share | 2.07 | 2.26 | 6.98 | 4.22 | 1.43 | 0.52 | — | — |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Capex / revenue | 6.78% | 6.54% | 8.71% | 10.5% | 4.28% | 2.16% | — | — |
| Capex / operating cash flow | 358.4% | -63.6% | -32.2% | -35.3% | -17.9% | -5.73% | — | — |
| Payout ratio | — | — | — | — | — | — | — | 0% |
Split-adjusted payout per share by ex-dividend date.
| Ex-dividend | Amount |
|---|---|
| Aug 21, 2026 | $0.31 |
| Date | Ratio |
|---|---|
| Sep 5, 2024 | 1:20 |
| -$13 |
| — |
| — |
| $277.5M |
| — |
| FY20 | — | -$4.07 | — | — | $219.3M | — |
| FY19 | — | -$2.29 | — | — | $193.7M | — |
| Q1 24 |
|---|
| Q2 24 |
|---|
| Q3 24 |
|---|
| Q4 24 |
|---|
| Q1 25 |
|---|
| Q2 25 |
|---|
| Q3 25 |
|---|
| Q4 25 |
|---|
| Q1 26 |
|---|
| Q2 26 |
|---|
| Revenue | — | — | — | — | — | — | — | — | $33M | $47.7M | $22.3M | $2.8M |
| YoY change | — | — | — | — | — | — | — | — | — | — | — | — |
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 | 74.3M | 126.6M | 288.6M | 167.1M | 130M | 66.7M | 26.7M |
| Receivables | 2.5M | 2M | 11M | 9.2M | 8.2M | 6.2M | 6.8M |
| Inventory | 44.3M | 59.2M | 106.9M | 116.8M | 57.8M | 44.1M | 38.9M |
| Total current assets | 134.6M | 214.8M | 444.4M | 308.9M | 212.4M | 130.6M | 82.1M |
| Property, plant & equipment | 16.6M | 23.3M | 38M | 145.6M | 93.2M | 55.9M | 23.6M |
| Goodwill & intangibles | 77K | 935K | 622K | 133K | 82K | 42K | 75K |
| Total assets | 154.6M | 244M | 488.4M | 462.4M | 312.7M | 188.9M | 109.4M |
| Accounts payable | 29.8M | 20.2M | 30.7M | 12.2M | 5.9M | 10.8M | 17.8M |
| Short-term debt | — | — | — | 10.3M | 15.2M | 10.9M | 6.8M |
| Total current liabilities | 51.6M | 54.7M | 81.2M | 50M | 48.6M | 44.4M | 40.6M |
| Long-term debt | — | — | 0 | 95.6M | 78.7M | 42.8M | 32.9M |
| Total liabilities | 163.7M | 269.6M | 91.4M | 145.6M | 127.4M | 87.2M | 73.5M |
| Shareholders' equity | -9.1M | -25.5M | 397M | 316.8M | 185.3M | 101.7M | 35.9M |
| Total debt | — | — | 0 | 105.8M | 93.9M | 53.7M | 39.6M |
| Net debt | — | — | -288.6M | -61.3M | -36.1M | -13.1M | 12.9M |
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 | 132.5M | 130M | 102.1M | 87.2M | 78.6M | 66.7M | 39.1M | 33.1M | 23.7M | 26.7M | 14.4M | 37.9M |
| Receivables | 5.3M | 8.2M | 5.7M | 10.5M | 5.7M | 6.2M | 5.1M | 5.4M | 4.2M | 6.8M | 3.6M | 528K |
| Inventory | 79.9M | 57.8M | 60.6M | 53.7M | 57.5M | 44.1M | 42.9M | 42.2M | 43.1M | 38.9M | 37.2M | 0 |
| Total current assets | 235.7M | 212.4M | 185.2M | 165.2M | 155.3M | 130.6M | 97.8M | 94.3M | 80.7M | 82.1M | 64.7M | 40.9M |
| Property, plant & equipment | 137.7M | 93.2M | 80.7M | 69.3M | 61.8M | 55.9M | 47.3M | 37.6M | 34.8M | 23.6M | 17.2M | 2.5M |
| Goodwill & intangibles | 94K | 82K | 81K | 56K | 43K | 42K | 41K | 78K | 77K | 75K | 75K | 17K |
| Total assets | 380.1M | 312.7M | 272.4M | 239.5M | 221.9M | 188.9M | 147.3M | 136.8M | 119.9M | 109.4M | 84.7M | 46.1M |
| Accounts payable | 12.6M | 5.9M | 13.1M | 10M | 18.4M | 10.8M | 5.6M | 12.1M | 11.7M | 17.8M | 23.2M | 517K |
| Short-term debt | 14.6M | 15.2M | 14M | 10.8M | 10.6M | 10.9M | 9.7M | 9.7M | 9.4M | 6.8M | 5.6M | 1.9M |
| Total current liabilities | 51.2M | 48.6M | 46.7M | 40.3M | 45.9M | 44.4M | 30.4M | 36.9M | 34.1M | 40.6M | 40.8M | 11.1M |
| Long-term debt | 92.4M | 78.7M | 65.3M | 55.2M | 48.6M | 42.8M | 34M | 28.5M | 33.9M | 32.9M | 27.7M | 12.5M |
| Total liabilities | 143.7M | 127.4M | 112.1M | 95.5M | 94.6M | 87.2M | 64.4M | 65.5M | 68M | 73.5M | 68.5M | 23.6M |
| Shareholders' equity | 236.4M | 185.3M | 160.3M | 144M | 127.3M | 101.7M | 82.8M | 71.4M | 51.9M | 35.9M | 16.3M | 22.5M |
| Total debt | 107M | 93.9M | 79.4M | 66M | 59.3M | 53.7M | 43.6M | 38.1M | 43.2M | 39.6M | 33.3M | 14.5M |
| Net debt | -25.5M | -36.1M | -22.7M | -21.3M | -19.4M | -13.1M | 4.6M | 5M | 19.5M | 12.9M | 18.9M | -22.9M |
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 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|
| Net income | -14.5M | -25.9M | -45.4M | -101.4M | -152.5M | -93.3M | -77.3M |
| Depreciation & amortization | 3.4M | 7.1M | 9.7M | 14.7M | 21M | 12.4M | 8M |
| Stock-based compensation | 4.2M | 6.8M | 11.2M | 19.9M | 19.3M | 11.5M | 7.8M |
| Change in working capital | 7.5M | -10.6M | -51M | -21.2M | 51.7M | -2.9M | -6.2M |
| Operating cash flow | 3.7M | -22.6M | -75.2M | -88.8M | -60.8M | -71.4M | -55.1M |
| Capital expenditure | -13.1M | -14.3M | -24.2M | -31.4M | -10.9M | -4.1M | — |
| Investing cash flow | -15.2M | -16.3M | -25.6M | -32.3M | -7.7M | 2.1M | 1.2M |
| Dividends paid | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — |
| Financing cash flow | 25.1M | 101.7M | 232.3M | -371K | -581K | -1K | 15.9M |
| Net change in cash | 13.6M | 62.9M | 131.4M | -121.5M | -69.1M | -69.3M | -37.9M |
| Free cash flow | -13.1M | -48.9M | -75M | -121.9M | -41.1M | -68M | -58.2M |
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 | 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 | -31.6M | -56.8M | -27.3M | -19.1M | -21.2M | -25.7M | — | -15.5M | -45.1M | -19.6M | -20.7M | 1.9M |
| Depreciation & amortization | 5.1M | 5.9M | 4.8M | 2.5M | 2.9M | 2.2M | — | 1.9M | 1.9M | 2.3M | 1.4M | — |
| Stock-based compensation | 4.7M | 3.7M | 3.3M | 2.9M | 2.6M | 2.6M | — | 2.1M | 5.2M | 1.8M | 1.2M | 1.2M |
| Change in working capital | 6.5M | 21.9M | -8.4M | -2.3M | -2.8M | 10.7M | — | -4.9M | 255K | -498K | -71K | -2.9M |
| Operating cash flow | -15.3M | -25.3M | -27.5M | -16M | -18.5M | -9.7M | — | -8.7M | -15.2M | -3.3M | -12.1M | -11.1M |
| Capital expenditure | -2M | -1.2M | -1.1M | -1.3M | -656K | -1M | — | — | — | — | — | — |
| Investing cash flow | -1.7M | -1.2M | -766K | 861K | 1.4M | 586K | — | 48K | 364K | 401K | 137K | 520K |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | -210K | -222K | -1K | 0 | 0 | 0 | 0 | 2.1M | 9.2M | 6.9M | 72K | 6.1M |
| Net change in cash | -17.2M | -26.7M | -28.3M | -15.2M | -17.1M | -9.2M | 0 | -6.6M | -5.6M | 4M | -11.9M | -4.5M |
| Free cash flow | -7.5M | -5.9M | -27.3M | -16.9M | -11.9M | -11.9M | — | -9.4M | -16.1M | -4.1M | -12.1M | -13.8M |