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 | -$0.05 | -$0.04 | +20.0% | — | $70.8M | — |
| Q1 25 | -$0.11 | -$0.04 | +63.6% | — | $54.3M | — |
| Q4 24 | -$0.1 | -$0.11 | -10.0% | — | $54.4M | — |
| Q3 24 | -$0.05 | -$0.03 | +40.0% | — | $74.9M | — |
| Q2 24 | -$0.06 | -$0.06 | 0.0% | — | $67.9M | — |
| Q1 24 | -$0.11 | -$0.1 | +9.1% | — | $51.5M | — |
| Q4 23 | -$0.09 | -$0.1 | -11.1% | — | $47.5M | — |
| Q3 23 | -$0.06 | -$0.02 | +66.7% | — | $71.4M | — |
| Q2 23 | -$0.1 | -$0.09 | +10.0% | — | $61M | — |
| Q1 23 | -$0.16 | -$0.14 | +12.5% | — | $45.3M | — |
| Q4 22 | -$0.17 | -$0.21 | -23.5% | — | $38.1M | — |
| Q3 22 | -$0.13 | -$0.12 | +7.7% | — | $45.7M | — |
| Q2 22 | -$0.19 | -$0.11 | +42.1% | — | $35.6M | — |
| Q1 22 | -$0.2 | -$0.15 | +25.0% | — | $26.6M | — |
| Q4 21 | -$0.16 | -$0.13 | +18.8% | — | $24.6M | — |
| Q3 21 | -$0.13 | -$0.13 | 0.0% | — | $20.3M | — |
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 | — | -$0.34 | — | — | $248.7M | — |
| FY23 | — | -$0.76 | — | — | $225.2M | — |
| FY22 | — | -$0.38 | — | — | $146.1M | — |
| FY21 | — | -$0.57 | — | — | $50.5M | — |
| FY20 | — | -$0.81 | — | — |
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 |
|---|---|---|---|---|---|---|
| Revenue | $31.2M | $23.4M | $50.5M | $146.1M | $225.2M | $248.7M |
| YoY change | — | -24.9% | +115.6% | +189.2% | +54.1% | +10.4% |
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 | Q1 23 | Q2 23 | Q3 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 |
|---|---|---|---|---|---|---|
| Revenue | 31.2M | 23.4M | 50.5M | 146.1M | 225.2M | 248.7M |
| Cost of revenue | 26.5M | 21.1M | 40M | 123.8M | 183.1M | 189.8M |
| Gross profit | 4.7M | 2.3M | 10.5M | 22.3M | 42.1M | 58.9M |
| Gross margin | 15.1% | 9.93% | 20.8% | 15.2% | 18.7% | 23.7% |
| Research & development | 751K | 861K | 1.7M | 5.5M | 4.6M | 3.2M |
| Selling, general & administrative | 15.5M | 11.8M | 32.9M | 70.3M | 105.6M | 89.7M |
| Operating expenses | 16.2M | 12.7M | 34.6M | 75.8M | 110.2M | 92.8M |
| Operating income | -11.5M | -10.4M | -24.1M | -53.5M | -68.1M | -33.9M |
| Operating margin | -37% | -44.2% | -47.7% | -36.6% | -30.3% | -13.6% |
| Non-operating income, net | — | — | -20.1M | 22.1M | 2.1M | -850K |
| Pretax income | -10.8M | -10.2M | -43.7M | -28M | -57.5M | -27.6M |
| Income tax | 0 | 0 | -3.6M | -772K | -1.5M | -255K |
| Net income | -10.8M | -10.2M | -40.1M | -27.3M | -56.1M | -27.3M |
| Net margin | -34.7% | -43.4% | -79.3% | -18.7% | -24.9% | -11% |
| EBITDA | -11.1M | -9.8M | -3.4M | -69.9M | -63.1M | -27.1M |
| EPS | -0.43 | -0.81 | -0.57 | -0.38 | -0.76 | -0.34 |
| Diluted EPS | -0.43 | -0.81 | -0.57 | -0.38 | -0.76 | -0.34 |
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 | 45.7M | 38.1M | 45.3M | 61M | 71.4M | 47.5M | 51.5M | 67.9M | 74.9M | 54.4M | 54.3M | 70.8M |
| Cost of revenue | 36.5M | 33.2M | 38.1M | 50.6M | 55.9M | 38.5M | 41.4M | 51.6M | 55M | 41.8M | 42.3M | 53.1M |
| Gross profit | 9.3M | 5M | 7.2M | 10.4M | 15.6M | 9M | 10.1M | 16.4M | 19.8M | 12.6M | 12M | 17.7M |
| Gross margin | 20.3% | 13% | 15.8% | 17% | 21.8% | 19% | 19.7% | 24.1% | 26.5% | 23.2% | 22.1% | 25.1% |
| Research & development | 2M | 1.6M | 1.1M | 1.4M | 1.1M | 988K | 670K | 971K | 800K | 743K | 812K | 915K |
| Selling, general & administrative | 17.7M | 23M | 18.9M | 21.1M | 22M | 43.7M | 19.3M | 27.5M | 22.6M | 20.2M | 18.7M | 21.8M |
| Operating expenses | 19.7M | 24.7M | 20M | 22.6M | 23M | 44.6M | 20M | 28.5M | 23.4M | 21M | 19.6M | 22.7M |
| Operating income | -10.4M | -19.7M | -12.8M | -12.2M | -7.4M | -35.6M | -9.9M | -12.1M | -3.5M | -8.4M | -7.6M | -5M |
| Operating margin | -22.8% | -51.6% | -28.3% | -20% | -10.4% | -75.1% | -19.2% | -17.9% | -4.72% | -15.4% | -14% | -7% |
| Non-operating income, net | 66K | 1.9M | 485K | -2.5M | 5.7M | -1.6M | 3.5M | -913K | -299K | -3.1M | 2.8M | 77K |
| Pretax income | -9.2M | -16.2M | -10.4M | -12.6M | 418K | -35M | -4.3M | -11.3M | -2.1M | -9.9M | -3.5M | -3.7M |
| Income tax | 56K | -828K | -196K | -376K | 129K | -1M | -84K | 52K | -118K | -105K | -17K | 21K |
| Net income | -9.2M | -15.4M | -10.2M | -12.2M | 289K | -33.9M | -4.2M | -11.3M | -2M | -9.8M | -3.5M | -3.7M |
| Net margin | -20.2% | -40.4% | -22.5% | -20.1% | 0.4% | -71.5% | -8.22% | -16.7% | -2.61% | -18% | -6.43% | -5.29% |
| EBITDA | -9.1M | -19.6M | -11.7M | -7.9M | -11.3M | -32.2M | -11.8M | -9.7M | -2M | -3.7M | -8.6M | -3.3M |
| EPS | -0.13 | -0.22 | -0.14 | -0.17 | 0 | — | -0.06 | -0.15 | -0.03 | -0.12 | -0.04 | -0.05 |
| Diluted EPS | -0.13 | -0.22 | -0.14 | -0.17 | 0 | — | -0.06 | -0.15 | -0.03 | -0.12 | -0.04 | -0.05 |
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 | Current |
|---|---|---|---|---|---|---|---|
| Market cap | — | — | — | 256.5M | 259.5M | 337.5M | 423.3M |
| Enterprise value | — | — | — | 82.8M | 117.9M | 219.7M | 414.2M |
| Shares outstanding | 25.3M | 12.5M | 70.1M | 71.7M | 73.5M | 79.4M | 79.4M |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | Current |
|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | -15.5 |
| P/S | — | — | — | 1.76 | 1.15 | 1.36 | 1.7 |
| P/B | — | — | — | 0.93 | 1.11 | 1.52 | 1.94 |
| EV/EBITDA | — | — | — | -1.19 | -1.87 | -8.1 | -15.3 |
| EV/Sales | — | — | — | 0.57 | 0.52 | 0.88 | 1.67 |
| Earnings yield | — | — | — | — | — | — | -6.45% |
| FCF yield | — | — | — | -14.8% | -13.3% | -10.5% | -6.45% |
| PEG | — | — | — | — | — | — | 0.23 |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | Current |
|---|---|---|---|---|---|---|---|
| Gross margin | 15.1% | 9.93% | 20.8% | 15.2% | 18.7% | 23.7% | 25.1% |
| Operating margin | -37% | -44.2% | -47.7% | -36.6% | -30.3% | -13.6% | -13.6% |
| Net margin | -34.7% | -43.4% | -79.3% | -18.7% | -24.9% | -11% | 23.7% |
| ROE | — | -91.7% | -13.8% | -9.93% | -23.9% | -12.3% | -12.3% |
| ROA | — | -57.4% | -11.7% | -8.39% | -19% | -10.6% | -10.6% |
| ROIC | — | -1.3K% | 196.8% | -53.1% | -73.5% | -32.6% | -20.6% |
| Return on tangible assets | — | -61% | -13.7% | -17.8% | -32.4% | -18.5% | -13.3% |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | Current |
|---|---|---|---|---|---|---|---|
| Current ratio | — | 2.27 | 33 | 8.2 | 5.81 | 7.07 | 5.95 |
| Quick ratio | — | 2.27 | 33 | 8.2 | 5.81 | 7.07 | 5.95 |
| Debt / equity | — | 0.17 | 0 | 0.07 | 0.1 | 0.04 | 0 |
| Debt / assets | — | 0.11 | 0 | 0.06 | 0.08 | 0.04 | 0.03 |
| Net debt / EBITDA | — | 1.05 | 88.3 | 2.49 | 2.24 | 4.35 | 5.95 |
| Effective tax rate | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | Current |
|---|---|---|---|---|---|---|---|
| Revenue per share | 1.23 | 1.87 | 0.72 | 2.04 | 3.06 | 3.13 | 3.13 |
| EPS (basic) | -0.43 | -0.81 | -0.57 | -0.38 | -0.76 | -0.34 | -0.34 |
| EPS (diluted) | -0.43 | -0.81 | -0.57 | -0.38 | -0.76 | -0.34 | -0.34 |
| Book value per share | — | 0.89 | 4.15 | 3.83 | 3.19 | 2.79 | 2.74 |
| FCF per share | -0.44 | -0.89 | -0.23 | -0.53 | -0.47 | -0.45 | -0.24 |
| Cash per share | — | 0.97 | 4.34 | 2.68 | 2.26 | 1.6 | 1.4 |
| Capex per share | 0.02 | 0.03 | 0 | 0.01 | 0.03 | 0.39 | 0.23 |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | Current |
|---|---|---|---|---|---|---|---|
| Capex / revenue | 1.94% | 1.61% | 0.59% | 0.5% | 0.88% | 12.4% | 7.36% |
| Capex / operating cash flow | -6.28% | -4.16% | -0.94% | -3.69% | -3.64% | -412.8% | 1.4K% |
| $23.4M |
| — |
| FY19 | — | -$0.43 | — | — | $31.2M | — |
| Q4 23 |
|---|
| Q1 24 |
|---|
| Q2 24 |
|---|
| Q3 24 |
|---|
| Q4 24 |
|---|
| Q1 25 |
|---|
| Q2 25 |
|---|
| Revenue | $45.7M | $38.1M | $45.3M | $61M | $71.4M | $47.5M | $51.5M | $67.9M | $74.9M | $54.4M | $54.3M | $70.8M |
| YoY change | +125.1% | +54.9% | +70% | +71.2% | +56.3% | +24.5% | +13.8% | +11.4% | +4.81% | +14.5% | +5.42% | +4.2% |
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 |
|---|---|---|---|---|---|
| Cash & short-term investments | 12.2M | 282M | 192.1M | 166.1M | 127.1M |
| Receivables | 1.1M | 5.5M | 10.9M | 21M | 21.6M |
| Inventory | — | — | — | — | — |
| Total current assets | 14.4M | 294.9M | 218.1M | 206.3M | 160.7M |
| Property, plant & equipment | 2.5M | 2.5M | 19M | 24.6M | 9.8M |
| Goodwill & intangibles | 1.1M | 75.5M | 171.6M | 121.8M | 109.4M |
| Total assets | 17.7M | 335.9M | 325M | 294.9M | 256.7M |
| Accounts payable | 776K | — | — | — | — |
| Short-term debt | 1.6M | 438K | 3.4M | 4.8M | 3.3M |
| Total current liabilities | 6.3M | 12.8M | 26.6M | 35.5M | 22.7M |
| Long-term debt | 291K | 278K | 15M | 19.7M | 6M |
| Total liabilities | 6.6M | 44.5M | 50.5M | 60.6M | 34.7M |
| Shareholders' equity | 11.1M | 291.4M | 274.5M | 234.3M | 221.9M |
| Total debt | 1.9M | 716K | 18.3M | 24.5M | 9.3M |
| Net debt | -10.3M | -1.9M | -23M | -3.3M | -9.1M |
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 | 202.2M | 192.1M | 176.9M | 169.7M | 173.2M | 166.1M | 151M | 142M | 136.3M | 127.1M | 120M | 113.4M |
| Receivables | 11.3M | 10.9M | 16.5M | 22.5M | 21M | 21M | 23.6M | 27.7M | 24.5M | 21.6M | 22.1M | 28.2M |
| Inventory | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 225.4M | 218.1M | 209.2M | 209M | 208.7M | 206.3M | 194M | 182.9M | 171.8M | 160.7M | 152.3M | 156.5M |
| Property, plant & equipment | 19.2M | 19M | 26.5M | 26.1M | 26.6M | 24.6M | 28M | 43.2M | 24.7M | 9.8M | 8.6M | 7.5M |
| Goodwill & intangibles | 160.8M | 171.6M | 170.6M | 167.5M | 161.6M | 121.8M | 118.6M | 106.5M | 113.8M | 109.4M | 111.1M | 115.7M |
| Total assets | 326.7M | 325M | 322.4M | 320.2M | 317.5M | 294.9M | 282.8M | 280.3M | 282.9M | 256.7M | 250.6M | 257.9M |
| Accounts payable | — | — | — | — | — | — | — | — | — | — | — | — |
| Short-term debt | 2.6M | 3.4M | 4M | 4.4M | 4.8M | 4.8M | 4.4M | 4.1M | 4.5M | 3.3M | 3.4M | 3.5M |
| Total current liabilities | 20.2M | 26.6M | 23.2M | 29.3M | 30.4M | 35.5M | 23.2M | 30.3M | 27.2M | 22.7M | 21.9M | 26.3M |
| Long-term debt | 14.5M | 15M | 20.8M | 19.8M | 19.6M | 19.7M | 21.1M | 17.9M | 19.3M | 6M | 5.7M | 5.3M |
| Total liabilities | 44M | 50.5M | 52.2M | 59.4M | 54.6M | 60.6M | 46.2M | 50.9M | 49.4M | 34.7M | 30.8M | 34.8M |
| Shareholders' equity | 282.7M | 274.5M | 270.2M | 260.8M | 262.9M | 234.3M | 236.6M | 229.4M | 233.5M | 221.9M | 219.7M | 223.1M |
| Total debt | 17.1M | 18.3M | 24.8M | 24.2M | 24.3M | 24.5M | 25.5M | 22M | 23.7M | 9.3M | 9.1M | 8.8M |
| Net debt | -34.7M | -23M | -16.9M | -13.1M | -12.5M | -3.3M | -11.2M | -4.3M | 3.7M | -9.1M | -25.8M | -49.9M |
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 |
|---|---|---|---|---|---|---|
| Net income | -10.8M | -10.2M | -40.1M | -27.3M | -56.1M | -27.3M |
| Depreciation & amortization | 472K | 526K | 596K | 5.7M | 7.1M | 6M |
| Stock-based compensation | 317K | 490K | 9.6M | 8.3M | 12.5M | 19.9M |
| Change in working capital | 436K | 82K | 151K | -4.7M | -9.8M | -1M |
| Operating cash flow | -9.6M | -9.1M | -31.6M | -19.8M | -54.2M | -7.5M |
| Capital expenditure | -604K | -377K | -297K | -730K | -2M | -30.9M |
| Investing cash flow | -804K | -377K | -320.8M | 79.3M | 17.1M | 1.1M |
| Dividends paid | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | -244K |
| Financing cash flow | 0 | 1.2M | 332.1M | -1.2M | -146K | -5.9M |
| Net change in cash | -10.4M | -8.3M | -20.3M | 58.4M | -37.3M | -12.3M |
| Free cash flow | -11.2M | -11.2M | -16.4M | -37.9M | -34.5M | -35.5M |
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 | -9.2M | -15.4M | -10.2M | -12.2M | 289K | -33.9M | -4.2M | -11.3M | -2M | -9.8M | -3.5M | -3.7M |
| Depreciation & amortization | 1.4M | 2M | 1.7M | 1.8M | 1.8M | 1.8M | 1.6M | 1.6M | 1.3M | 1.5M | 1.7M | 1.8M |
| Stock-based compensation | 1.7M | 2.6M | 3.2M | 2.8M | 3.3M | 3.2M | 4.3M | 5.6M | 5.4M | 4.5M | 4.2M | 5.3M |
| Change in working capital | -3.1M | 1.1M | -4.5M | -3.5M | -1.8M | 65K | -1.5M | -2.5M | 793K | 2.2M | 756K | -5.2M |
| Operating cash flow | -9.2M | -11.3M | -11.4M | -13.1M | 2M | -31.7M | -1.5M | -7.5M | 4.6M | -3.1M | 2.5M | -2.6M |
| Capital expenditure | -93K | -11K | -646K | -744K | -695K | 114K | -816K | -16.2M | -9.3M | -4.6M | -2.6M | -2.2M |
| Investing cash flow | -80.5M | 462K | 16.3M | 3.8M | -3M | 75K | 24.9M | -16.2M | -9.8M | 4.4M | 20.9M | 29.1M |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | 0 | — | — | — | 0 | 0 | — | — |
| Financing cash flow | -154K | -6K | -81K | -20K | -15K | -30K | -37K | -986K | -742K | -3.9M | -4.3M | -1.2M |
| Net change in cash | -89.8M | -10.8M | 4.8M | -9.4M | -1M | -31.7M | 23.4M | -24.7M | -6M | -2.6M | 19.1M | 25.3M |
| Free cash flow | -6.4M | -9.1M | -17.5M | -8.9M | 1.3M | -9.3M | -16.7M | -8.5M | -3.6M | -6.8M | -3.4M | -5.8M |