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 % |
|---|---|---|---|---|---|---|
| Q3 26 | $0.22 | $0.22 | 0.0% | — | — | — |
| Q2 26 | $0.07 | $0.15 | +114.3% | — | — | — |
| Q1 26 | $0.22 | $0.24 | +9.1% | — | — | — |
| Q4 25 | $0.12 | $0.15 | +25.0% | — | — | — |
| Q3 25 | $0.2 | $0.21 | +5.0% | — | — | — |
| Q2 25 | $0.02 | $0.08 | +300.0% | — | — | — |
| Q1 25 | $0.08 | $0.15 | +87.5% | — | — | — |
| Q4 24 | $0.02 | $0.06 | +200.0% | — | — | — |
| Q3 24 | $0.07 | $0.19 | +171.4% | — | — | — |
| Q2 24 | -$0.07 | $0.07 | +200.0% | — | — | — |
| Q1 24 | $0.02 | $0.07 | +250.0% | — | — | — |
| Q4 23 | -$0.02 | $0.05 | +350.0% | — | — | — |
| Q3 23 | — | $0.14 | — | — | — | — |
| Q2 23 | -$0.15 | -$0.26 | -73.3% | — | — | — |
| Q1 23 | $0.05 | -$0.06 | -220.0% | — | $119.1M | — |
| Q3 22 | $0.12 | $0.06 | -50.0% | — | $128.7M | — |
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 | — | $0.34 | — | — | $568.1M | — |
| FY24 | — | -$0.52 | — | — | $573.3M | — |
| FY23 | — | -$2.49 | — | — | $512.3M | — |
| FY22 | — | -$2.59 | — | — | $512.1M |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | FY14 | FY15 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $242.9M | $253.7M | $319.2M | $340.1M | $321.2M | $430.9M | $512.1M | $512.3M | $573.3M | $568.1M |
| YoY change | +4.53% | +4.43% | — | +6.57% | -5.58% | +34.2% | +18.8% | +0.04% | +11.9% | -0.91% |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | FY14 | FY15 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 242.9M | 253.7M | 319.2M | 340.1M | 321.2M | 430.9M | 512.1M | 512.3M | 573.3M | 568.1M |
| Cost of revenue | 74.6M | 74.3M | 84.2M | 90.9M | 87.6M | 128.2M | 181M | 184.2M | 185.1M | 179.9M |
| Gross profit | 168.3M | 179.3M | 235M | 249.2M | 233.5M | 302.7M | 331.1M | 328.2M | 388.2M | 388.2M |
| Gross margin | 69.3% | 70.7% | 73.6% | 73.3% | 72.7% | 70.3% | 64.6% | 64.1% | 67.7% | 68.3% |
| Research & development | 9.5M | 14.7M | 8.1M | 11.1M | 11.2M | 19M | 23.9M | 13.4M | 13.6M | 12.1M |
| Selling, general & administrative | 147.1M | 148.4M | 191.7M | 198.5M | 193.1M | 254.3M | 332.1M | 303.9M | 340.9M | 314M |
| Operating expenses | 156.5M | 163.2M | 199M | 209.5M | 204.3M | 273.3M | 356M | 317.3M | 354.5M | 326.1M |
| Operating income | 2.8M | 5.5M | 27.4M | 31.8M | 21.8M | 21.1M | -34.7M | 2M | 26M | 56.3M |
| Operating margin | 1.15% | 2.19% | 8.57% | 9.34% | 6.79% | 4.89% | -6.77% | 0.4% | 4.54% | 9.91% |
| Non-operating income, net | -2.2M | -23.3M | -2.1M | -500K | 3.9M | -10.5M | -142.3M | -82.5M | -36.4M | -4.1M |
| Pretax income | -11.4M | -32M | 6.1M | 9.7M | 15.9M | 9.5M | -189M | -121.1M | -49.1M | 25.7M |
| Income tax | 1.5M | 2.1M | 1.7M | 1.6M | 1.2M | -2M | -44.4M | 85K | -5.3M | -1.6M |
| Net income | -12.9M | -34.1M | -12.2M | 6.3M | 14.7M | 9.6M | -213.4M | -195.6M | -43.8M | 27.3M |
| Net margin | -5.31% | -13.4% | -3.82% | 1.85% | 4.58% | 2.22% | -41.7% | -38.2% | -7.65% | 4.8% |
| EBITDA | 31.6M | 38.6M | 56.4M | 62.2M | 54.9M | 54.5M | 11M | 60.7M | 77.2M | 101.8M |
| EPS | -0.3 | -0.69 | -0.22 | 0.12 | 0.44 | -0.15 | -2.59 | -2.49 | -0.52 | 0.34 |
| Diluted EPS | -0.3 | -0.69 | -0.22 | 0.12 | 0.44 | -0.15 | -2.59 | -2.49 | -0.52 | 0.33 |
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 | 120.8M | 135.4M | 129.5M | 151.2M | 139M | 153.6M | 123.9M | 147.7M | 138.7M | 157.9M | 132.1M | 153.2M |
| Cost of revenue | 41.9M | 49.1M | 41.1M | 47.6M | 45.4M | 51M | 40.8M | 45.6M | 44.4M | 49.1M | 41.3M | 47.5M |
| Gross profit | 78.8M | 86.3M | 88.4M | 103.6M | 93.6M | 102.7M | 83.1M | 102.1M | 94.2M | 108.8M | 90.8M | 105.7M |
| Gross margin | 65.3% | 63.7% | 68.3% | 68.5% | 67.3% | 66.8% | 67% | 69.1% | 68% | 68.9% | 68.7% | 69% |
| Research & development | 3M | 3.3M | 2.6M | 4M | 3.8M | 3.2M | 3M | 3.2M | 2.9M | 3M | 2.5M | 3.2M |
| Selling, general & administrative | 69.8M | 78.4M | 78.4M | 94.8M | 81.1M | 86.6M | 73.5M | 79.1M | 78.7M | 82.8M | 78.3M | 82.7M |
| Operating expenses | 72.8M | 81.6M | 81M | 98.8M | 84.9M | 89.9M | 76.5M | 82.3M | 81.6M | 85.8M | 80.8M | 85.9M |
| Operating income | 3.7M | 2.6M | 5.6M | 2.8M | 6.6M | 11M | 5M | 18.4M | 11.3M | 21.7M | 8.9M | 18.7M |
| Operating margin | 3.06% | 1.91% | 4.34% | 1.85% | 4.74% | 7.18% | 4% | 12.4% | 8.11% | 13.8% | 6.72% | 12.2% |
| Non-operating income, net | -1.8M | -706K | -358K | -32.3M | -1.9M | -1.8M | -858K | -562K | -404K | -2.3M | -27K | 664K |
| Pretax income | -8.2M | -8.4M | -5.1M | -39.5M | -4.8M | 232K | -3.4M | 10.3M | 4.7M | 14.1M | 4.5M | 15.3M |
| Income tax | 600K | -750K | 907K | -7.3M | 589K | 550K | -95K | 1M | 664K | -3.2M | 571K | -20.9M |
| Net income | -8.8M | -7.7M | -6M | -32.1M | -5.4M | -318K | -3.3M | 9.3M | 4M | 17.3M | 3.9M | 36.2M |
| Net margin | -7.28% | -5.65% | -4.62% | -21.2% | -3.9% | -0.21% | -2.68% | 6.28% | 2.89% | 11% | 2.99% | 23.6% |
| EBITDA | 17M | 15.8M | 17.3M | 15.7M | 19.5M | 24.7M | 16M | 29.9M | 22.6M | 33.4M | 20.5M | 29.9M |
| EPS | -0.12 | — | -0.07 | -0.37 | -0.07 | 0 | -0.04 | 0.11 | 0.05 | 0.22 | 0.05 | 0.49 |
| Diluted EPS | -0.12 | — | -0.07 | -0.37 | -0.07 | 0 | -0.04 | 0.11 | 0.05 | 0.21 | 0.04 | 0.47 |
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 | FY14 | FY15 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market cap | — | — | — | — | — | — | — | 330.2M | 677.7M | 495.7M | 957.6M |
| Enterprise value | — | — | — | — | — | — | — | 688M | 971.8M | 738.4M | 1.2B |
| Shares outstanding | 55.6M | 55.6M | 55.6M | 55.6M | 37.7M | 45.5M | 61.4M | 62.6M | 64.5M | 66.6M | 66.6M |
| Metric | FY14 | FY15 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | — | — | — | 18.2 | 17.7 |
| P/S | — | — | — | — | — | — | — | 0.64 | 1.18 | 0.87 | 1.62 |
| P/B | — | — | — | — | — | — | — | 1.49 | 3.65 | 2.17 | 4.13 |
| EV/EBITDA | — | — | — | — | — | — | — | 11.3 | 12.6 | 7.25 | 15.3 |
| EV/Sales | — | — | — | — | — | — | — | 1.34 | 1.7 | 1.3 | 2.11 |
| Earnings yield | — | — | — | — | — | — | — | — | — | 5.5% | 5.65% |
| FCF yield | — | — | — | — | — | — | — | 2.42% | 5.58% | 14.5% | 7.08% |
| PEG | — | — | — | — | — | — | — | — | — | — | 0.05 |
| Metric | FY14 | FY15 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross margin | 69.3% | 70.7% | 73.6% | 73.3% | 72.7% | 70.3% | 64.6% | 64.1% | 67.7% | 68.3% | 69% |
| Operating margin | 1.15% | 2.19% | 8.57% | 9.34% | 6.79% | 4.89% | -6.77% | 0.4% | 4.54% | 9.91% | 12.2% |
| Net margin | -5.31% | -13.4% | -3.82% | 1.85% | 4.58% | 2.22% | -41.7% | -38.2% | -7.65% | 4.8% | 9.36% |
| ROE | -7.27% | -17.7% | -8.4% | 4.33% | 10.2% | 1.8% | -51.8% | -88.5% | -23.6% | 11.9% | 25.7% |
| ROA | -3% | -7% | -2.76% | 1.33% | 2.98% | 0.78% | -15.5% | -24.1% | -6.02% | 3.99% | 5.49% |
| ROIC | 0.84% | 1.48% | 6.7% | 9.53% | 8.21% | 2.48% | -4.33% | 0.35% | 5.43% | 11.9% | 12.2% |
| Return on tangible assets | 5.91% | 12.7% | 9.32% | -10.5% | 127.3% | -2.08% | -273.5% | 116% | 45.5% | -40% | -140.8% |
| Metric | FY14 | FY15 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current ratio | 1.83 | 1.13 | 2.27 | 2.06 | 1.73 | 1.45 | 0.9 | 1.53 | 1.31 | 1.7 | 1.69 |
| Quick ratio | 1.31 | 0.73 | 1.85 | 1.75 | 1.49 | 1.11 | 0.62 | 1.01 | 0.87 | 1.19 | 1.17 |
| Debt / equity | 0.96 | 0.98 | 1.34 | 1.36 | 1.31 | 0.67 | 1.01 | 1.79 | 1.81 | 1.29 | 0.95 |
| Debt / assets | 0.4 | 0.39 | 0.44 | 0.42 | 0.38 | 0.29 | 0.3 | 0.49 | 0.46 | 0.43 | 0.37 |
| Net debt / EBITDA | 4.91 | 4.75 | 2.7 | 2.15 | 1.85 | 5.76 | 35.4 | 5.9 | 3.81 | 2.38 | 2.06 |
| Interest coverage | 0.05 | -1.25 | 1.32 | 1.45 | 2.63 | 9.53 | -14.7 | -1.98 | -0.27 | 1.97 | 2.94 |
| Effective tax rate | 0% | 0% | 27.2% | 16.3% | 7.49% | 0% | 0% | 0% | 0% | 0% | 0% |
| Metric | FY14 | FY15 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue per share | 4.37 | 4.56 | 5.74 | 6.11 | 8.52 | 9.48 | 8.34 | 8.18 | 8.88 | 8.53 | 8.65 |
| EPS (basic) | -0.3 | -0.69 | -0.22 | 0.12 | 0.44 | -0.15 | -2.59 | -2.49 | -0.52 | 0.34 | 0.34 |
| EPS (diluted) | -0.3 | -0.69 | -0.22 | 0.12 | 0.44 | -0.15 | -2.59 | -2.49 | -0.52 | 0.33 | 0.78 |
| Book value per share | 3.19 | 3.46 | 2.61 | 2.62 | 3.82 | 11.7 | 6.71 | 3.53 | 2.88 | 3.43 | 3.35 |
| FCF per share | -0.1 | 0.21 | 0.7 | 0.58 | 1.36 | 0.05 | -0.41 | 0.13 | 0.59 | 1.08 | 1.33 |
| Cash per share | 0.28 | 0.09 | 0.77 | 1.16 | 2.3 | 0.97 | 0.49 | 0.59 | 0.64 | 0.77 | 0.45 |
| Capex per share | 0.02 | 0.04 | 0.05 | 0.04 | 0.44 | 0.3 | 0.16 | 0.12 | 0.02 | — | — |
| Metric | FY14 | FY15 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Capex / revenue | 0.48% | 0.84% | 0.8% | 0.69% | 5.16% | 3.14% | 1.96% | 1.44% | 0.18% | — | — |
| Capex / operating cash flow | 17.8% | 69.3% | 6.9% | 12% | 42.2% | 62.3% | -7% | -12.5% | -6.7% | — | — |
| Payout ratio | — | — | -64.3% | 145.1% | 135.1% | 3.83% | 0% | — | — | — | 0% |
| — |
| FY21 | — | -$0.15 | — | — | $430.9M | — |
| FY20 | — | $0.44 | — | — | $321.2M | — |
| FY19 | — | $0.12 | — | — | $340.1M | — |
| FY18 | — | -$0.22 | — | — | $319.2M | — |
| FY15 | — | -$0.69 | — | — | $253.7M | — |
| FY14 | — | -$0.3 | — | — | $242.9M | — |
| 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 | $120.8M | $135.4M | $129.5M | $151.2M | $139M | $153.6M | $123.9M | $147.7M | $138.7M | $157.9M | $132.1M | $153.2M |
| YoY change | -6.12% | +7.62% | +8.73% | +10.3% | +15% | +13.5% | -4.31% | -2.35% | -0.23% | +2.77% | +6.63% | +3.76% |
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 | FY14 | FY15 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 15.8M | 5M | 42.8M | 64.5M | 86.8M | 43.9M | 30.2M | 37M | 41.6M | 51.2M |
| Receivables | 46.6M | 54.5M | 72.6M | 85.1M | 88.3M | 125M | 136.3M | 122.8M | 127.4M | 128.3M |
| Inventory | 26.7M | 35.2M | 27.4M | 27.3M | 29.1M | 61.7M | 84.8M | 91.3M | 92.5M | 82.2M |
| Total current assets | 95.2M | 99.4M | 148.4M | 183M | 211.8M | 263.1M | 272.6M | 268M | 275.6M | 272.8M |
| Property, plant & equipment | 10.4M | 9.6M | 4.8M | 19.8M | 21.8M | 40.2M | 44.1M | 50M | 33.5M | 27M |
| Goodwill & intangibles | 648.6M | 755.7M | 573.7M | 532.6M | 482.9M | 1.7B | 1.3B | 979.6M | 824.4M | 751.8M |
| Total assets | 430.4M | 487.4M | 442.7M | 472.4M | 494.5M | 1.2B | 1.4B | 810.9M | 728M | 683.6M |
| Accounts payable | 5.4M | 8.4M | 8.2M | 6.4M | 4.4M | 16.9M | 36.7M | 23M | 23.7M | 10.9M |
| Short-term debt | 7.9M | 37.7M | 5.3M | 10M | 15M | 18M | 33.1M | 27.8M | 27.3M | 15M |
| Total current liabilities | 52.2M | 87.7M | 65.4M | 89M | 122.6M | 180.9M | 304M | 175.5M | 210.4M | 160.4M |
| Long-term debt | 163.1M | 150.8M | 189.6M | 188M | 173.4M | 339.6M | 385M | 367M | 308.3M | 279M |
| Total liabilities | 252.9M | 295M | 297.5M | 326.8M | 350.3M | 692.1M | 960.4M | 589.8M | 542.4M | 455.1M |
| Shareholders' equity | 177.5M | 192.3M | 145.3M | 145.6M | 144.2M | 533.8M | 412.2M | 221.1M | 185.6M | 228.4M |
| Total debt | 171M | 188.5M | 194.8M | 198M | 188.4M | 357.7M | 418.1M | 394.8M | 335.6M | 294M |
| Net debt | 155.2M | 183.6M | 152.1M | 133.4M | 101.5M | 313.7M | 387.9M | 357.9M | 294M | 242.7M |
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 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 | — | — | — | — | — | — | — | — | 42.2M | 51.2M | 35.8M | 29.5M |
| Receivables | — | — | — | — | — | — | — | — | 130.4M | 128.3M | 120.5M | 138.4M |
| Inventory | — | — | — | — | — | — | — | — | 96.3M | 82.2M | 83.2M | 79.8M |
| Total current assets | — | — | — | — | — | — | — | — | 280.9M | 272.8M | 249.8M | 257.5M |
| Property, plant & equipment | — | — | — | — | — | — | — | — | 28.8M | 27M | 26M | 24.8M |
| Goodwill & intangibles | 7.5M | 7.5M | 7.5M | 7.5M | 7.5M | 7.5M | 7.5M | 7.5M | 769.7M | 751.8M | 734.2M | 717M |
| Total assets | — | — | — | — | — | — | — | — | 701.6M | 683.6M | 650.5M | 673.3M |
| Accounts payable | — | — | — | — | — | — | — | — | 26.6M | 10.9M | 24.1M | 20.2M |
| Short-term debt | — | — | — | — | — | — | — | — | 11.3M | 15M | 18.8M | 18.8M |
| Total current liabilities | — | — | — | — | — | — | — | — | 161.8M | 160.4M | 148.1M | 152.5M |
| Long-term debt | — | — | — | — | — | — | — | — | 311.3M | 279M | 253.3M | 229.7M |
| Total liabilities | — | — | — | — | — | — | — | — | 494.3M | 455.1M | 416.3M | 395.9M |
| Shareholders' equity | — | — | — | — | — | — | — | — | 207.3M | 228.4M | 234.3M | 277.4M |
| Total debt | — | — | — | — | — | — | — | — | 322.6M | 294M | 272.1M | 248.5M |
| Net debt | — | — | — | — | — | — | — | — | 280.4M | 242.7M | 236.2M | 219M |
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 | FY14 | FY15 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net income | -12.9M | -34.1M | 4.4M | 8.1M | 14.7M | 11.5M | -144.7M | -121.2M | -43.8M | 27.3M |
| Depreciation & amortization | 28.8M | 33.1M | 29.2M | 30.3M | 28.6M | 34.9M | 55.4M | 57.4M | 49.6M | 47M |
| Stock-based compensation | — | — | 14.3M | 0 | 0 | 19.8M | 17.6M | 2.7M | 10.1M | 12.7M |
| Change in working capital | -15M | -15.8M | -9.3M | -20.2M | -5.2M | -33.4M | -26.6M | 2.1M | -29.6M | 6M |
| Operating cash flow | 6.5M | 3.1M | 37.1M | 19.5M | 39.3M | 21.7M | -143.5M | -59M | -15M | 74.7M |
| Capital expenditure | -1.2M | -2.1M | -2.6M | -2.3M | -16.6M | -13.5M | -10M | -7.4M | -1M | — |
| Investing cash flow | -11.7M | -54.9M | -6.1M | -1.1M | -16.6M | -276.4M | -10.1M | 27.3M | 23.7M | -686K |
| Dividends paid | — | — | -7.8M | -9.1M | -19.9M | -367K | 0 | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | -6.6M | 31.2M | -13.3M | -11M | -29.6M | 273M | 62.1M | -26.7M | -54.6M | -62.1M |
| Net change in cash | -11.8M | -20.6M | 17.8M | 7.5M | -6.9M | 18.3M | -91.5M | -58.3M | -45.9M | 11.8M |
| Free cash flow | -5.7M | 11.5M | 39.1M | 32.4M | 51.1M | 2.1M | -25.1M | 8M | 37.8M | 72.1M |
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 | -8.8M | -7.7M | -6M | -31.7M | -2.9M | -318K | -3.3M | 9.3M | 4M | 17.3M | 3.9M | 36.2M |
| Depreciation & amortization | 13.8M | 12.5M | 11.8M | 13.1M | 12.3M | 12.4M | 11.9M | 12M | 11.4M | 11.7M | 11.2M | 10.9M |
| Stock-based compensation | 1.8M | 1.8M | 2.6M | 3.3M | -440K | 1.7M | 2.4M | 3.6M | 3.2M | 3.4M | 3.3M | 5M |
| Change in working capital | 9.6M | -3.8M | -7.4M | -24.3M | 20.9M | -18.7M | 7.9M | -15.9M | 3.4M | 10.7M | 5.2M | -14M |
| Operating cash flow | 16.7M | 4.5M | 1.9M | -47.2M | 30.4M | -101K | 19.3M | 25.9M | 30.1M | 38M | 8.9M | 19.9M |
| Capital expenditure | -2M | -369K | -291K | -77K | -64K | -574K | -826K | — | — | — | — | — |
| Investing cash flow | -2M | -591K | -291K | -77K | -64K | 24.1M | -826K | — | 0 | 0 | — | — |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | 8.2M | 64M | -4.2M | -7.8M | 362K | -42.9M | 947K | -14.7M | -20M | -28.4M | -23.1M | -23.4M |
| Net change in cash | 22.8M | 67.9M | -2.6M | -55.1M | 30.7M | -18.9M | 19.4M | 11.3M | 10.1M | 9.5M | -14.2M | -3.6M |
| Free cash flow | -10.4M | 10M | -6.3M | 15.1M | 10.3M | 18.7M | -20.2M | 25.3M | 29.6M | 37.4M | 8.4M | 18.9M |