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 | -$0.19 | -$0.29 | -52.6% | — | $994K | — |
| Q4 25 | -$0.15 | -$0.42 | -180.0% | — | $1.1M | — |
| Q2 25 | -$0.33 | -$0.61 | -84.8% | — | $933K | — |
| Q1 25 | -$0.36 | -$0.74 | -105.6% | — | $1M | — |
| Q4 24 | -$0.52 | -$0.87 | -67.3% | — | $1.2M | — |
| Q3 24 | -$0.89 | $0.06 | +106.7% | — | $1.7M | — |
| Q2 24 | -$0.82 | -$1.14 | -39.0% | — | $838K | — |
| Q1 24 | -$1.01 | -$1.12 | -10.9% | — | $545K | — |
| Q4 23 | -$2.05 | $2.92 | +242.4% | — | $1.1M | — |
| Q3 23 | -$1.17 | -$1.59 | -35.9% | — | $475K | — |
| Q2 23 | -$0.3 | -$3.05 | -916.7% | — | $197K | — |
| Q4 22 | -$5.5 | -$3 | +45.5% | — | $42K | — |
| Q3 22 | -$7.5 | -$6.5 | +13.3% | — | $42K | — |
| Q2 22 | -$7.25 | -$7 | +3.4% | — | $41K | — |
| Q1 22 | -$8.75 | -$7 | +20.0% | — | $32K | — |
| Q4 21 | -$11.5 | -$9.5 | +17.4% | — | $1.9M | — |
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 | — | -$2.78 | — | — | $3.6M | — |
| FY24 | — | -$10.8 | — | — | $4.3M | — |
| FY23 | — | -$25.9 | — | — | $1.8M | — |
| FY22 | — | -$18.5 | — | — | $157K |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $399K | $508K | $236K | $7.3M | $23.9M | $26M | $157K | $1.8M | $4.3M | $3.6M |
| YoY change | -68.6% | +27.3% | -53.5% | +3K% | +226.9% | +8.96% | -99.4% | +1.1K% | +134.6% | -14.6% |
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 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 399K | 508K | 236K | 7.3M | 23.9M | 26M | 157K | 1.8M | 4.3M | 3.6M |
| Cost of revenue | 200K | 0 | 0 | 9.3M | 35.1M | 28.6M | 0 | — | — | — |
| Gross profit | 199K | 508K | 236K | -2M | -11.3M | -2.6M | 157K | 1.8M | 4.3M | 3.6M |
| Gross margin | 49.9% | 100% | 100% | -27.2% | -47.3% | -9.89% | 100% | 100% | 100% | 100% |
| Research & development | 5.6M | 11.5M | 10.4M | 12.2M | 11.1M | 11.3M | 11.6M | 42.4M | 50.4M | 44.2M |
| Selling, general & administrative | 6.7M | 12.8M | 15.7M | 24.1M | 20.8M | 15.4M | 11M | 28.9M | 30.8M | 26.9M |
| Operating expenses | 12.3M | 26.3M | 28.4M | 37.7M | 32.1M | 26.8M | 22.5M | 71.3M | 81.2M | 71.1M |
| Operating income | -12.1M | -25.8M | -28.1M | -39.7M | -43.1M | -29.3M | -22.4M | -69.5M | -77M | -67.5M |
| Operating margin | -3K% | -5.1K% | -11.9K% | -543.8% | -180.9% | -112.9% | -14.2K% | -3.8K% | -1.8K% | -1.9K% |
| Non-operating income, net | 28K | -190K | -46K | -49K | -811K | 1.5M | 5.6M | -249.8M | -172.2M | -29.7M |
| Pretax income | -12.1M | -26M | -27.9M | -39.6M | -44.8M | -29.2M | -16.9M | -337.6M | -282.7M | -132.2M |
| Income tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -4K | 29K | 29K |
| Net income | -12.1M | -26M | -27.9M | -39.6M | -44.8M | -29.2M | -16.9M | -337.6M | -282.7M | -132.2M |
| Net margin | -3K% | -5.1K% | -11.8K% | -542.9% | -188% | -112.4% | -10.8K% | -18.6K% | -6.6K% | -3.6K% |
| EBITDA | -11.8M | -25M | -25.6M | -36.5M | -40.8M | -27M | -15.3M | -64.6M | -60.2M | -60.7M |
| EPS | -22.7 | -56 | -45.5 | -60.5 | -66 | -39 | -18.5 | -25.9 | -10.8 | -2.78 |
| Diluted EPS | -22.7 | -56 | -45.5 | -60.5 | -66 | -39 | -18.5 | -25.9 | -10.8 | -2.78 |
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 | 475K | 1.1M | 545K | 838K | 1.7M | 1.2M | 1M | 933K | 615K | 1.1M | 1.7M | 994K |
| Cost of revenue | — | — | — | — | — | — | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — | — | — | — | — | — | — |
| Gross margin | — | — | — | — | — | — | — | — | — | — | — | — |
| Research & development | 17.5M | 14.2M | 12M | 13M | 13M | 12.4M | 11.8M | 12.2M | 10.8M | 9.4M | 8.7M | 8.5M |
| Selling, general & administrative | 8.8M | 6.8M | 7M | 9.3M | 7.7M | 6.8M | 9.9M | 6.7M | 5.3M | 5.1M | 5.1M | 5.4M |
| Operating expenses | 26.3M | 21M | 19M | 22.3M | 20.7M | 19.2M | 21.7M | 18.9M | 16.1M | 14.5M | 13.8M | 13.9M |
| Operating income | -25.8M | -19.9M | -18.5M | -21.5M | -19M | -18M | -20.6M | -17.9M | -15.4M | -13.5M | -12.1M | -12.9M |
| Operating margin | -5.4K% | -1.8K% | -3.4K% | -2.6K% | -1.1K% | -1.5K% | -2K% | -1.9K% | -2.5K% | -1.3K% | -721% | -1.3K% |
| Non-operating income, net | -876K | -249.3M | -369K | 1.6M | -173.7M | 354K | -20.5M | -23K | 1K | -9.1M | -2K | 150K |
| Pretax income | -34.5M | -277.2M | -27M | -28.5M | -201.4M | -25.8M | -49.4M | -26.5M | -24.3M | -31.9M | -21.2M | -22.1M |
| Income tax | 0 | -4K | 14K | -4K | 13K | 6K | 2K | 27K | -6K | 6K | 7K | 6K |
| Net income | -34.5M | -277.2M | -27M | -28.5M | -201.5M | -25.8M | -49.4M | -26.6M | -24.3M | -31.9M | -21.2M | -22.1M |
| Net margin | -7.3K% | -25.1K% | -4.9K% | -3.4K% | -12.1K% | -2.1K% | -4.8K% | -2.8K% | -4K% | -3K% | -1.3K% | -2.2K% |
| EBITDA | -24.7M | -267.3M | -16.8M | -18M | -9.5M | -15.9M | -18.4M | -16.3M | -13.9M | -12.1M | -10.9M | -11.5M |
| EPS | -7.95 | — | -1.12 | -1.14 | -7.63 | -0.87 | -1.34 | -0.61 | -0.44 | -0.59 | -0.33 | -0.29 |
| Diluted EPS | -7.95 | — | -1.12 | -1.14 | -7.63 | -0.87 | -1.34 | -0.61 | -0.44 | -0.59 | -0.33 | -0.29 |
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 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market cap | — | — | — | 230M | 143M | — | — | — | — | — | 112.4M |
| Enterprise value | — | — | — | 190M | 133.7M | — | — | — | — | — | 382M |
| Shares outstanding | 532K | 463.1K | 613.7K | 656.1K | 677.6K | 749.5K | 920K | 10.3M | 23.2M | 45.8M | 45.8M |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | — | — | — | — | -0.53 |
| P/S | — | — | — | 31.5 | 5.99 | — | — | — | — | — | 26.7 |
| P/B | — | — | — | 3.68 | 3.88 | — | — | — | — | — | 7.84 |
| EV/EBITDA | — | — | — | -5.2 | -3.27 | — | — | — | — | — | -7.82 |
| EV/Sales | — | — | — | 26 | 5.61 | — | — | — | — | — | 87.9 |
| Earnings yield | — | — | — | — | — | — | — | — | — | — | -189.1% |
| FCF yield | — | — | — | -15.2% | -31.8% | — | — | — | — | — | -46.7% |
| PEG | — | — | — | — | — | — | — | — | — | — | 0.01 |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross margin | 49.9% | 100% | 100% | -27.2% | -47.3% | -9.89% | 100% | 100% | 100% | 100% | 100% |
| Operating margin | -3K% | -5.1K% | -11.9K% | -543.8% | -180.9% | -112.9% | -14.2K% | -3.8K% | -1.8K% | -1.9K% | -1.3K% |
| Net margin | -3K% | -5.1K% | -11.8K% | -542.9% | -188% | -112.4% | -10.8K% | -18.6K% | -6.6K% | -3.6K% | 0% |
| ROE | -92.1% | -45.2% | -29.9% | -63.4% | -121.6% | -206.6% | -233.5% | -99.8% | -289% | -605.6% | -223.2% |
| ROA | -72.7% | -36% | -23.5% | -45% | -70.8% | -78.5% | -75.3% | -62% | -80.8% | -43.3% | -10.2% |
| ROIC | -149.6% | -209.5% | -155.4% | -176.3% | -156.1% | -161.3% | -126.3% | -21% | -64.3% | -150.1% | -198.9% |
| Return on tangible assets | -72.7% | -36% | -23.5% | -45% | -70.8% | -78.5% | -76.4% | 85.2% | 126.2% | 59.2% | 46.7% |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current ratio | 1.91 | 13.5 | 13.6 | 8.83 | 5.7 | 3.13 | 2.49 | 1.65 | 0.85 | 0.72 | 1.62 |
| Quick ratio | 1.91 | 13.5 | 13.6 | 8.47 | 5.5 | 3.13 | 2.49 | 1.65 | 0.85 | 0.72 | 1.62 |
| Debt / equity | 0 | 0.2 | 0.2 | 0.3 | 0.54 | 1.26 | 1.92 | 0.07 | 0.37 | 1.51 | 19.3 |
| Debt / assets | 0 | 0.16 | 0.16 | 0.21 | 0.31 | 0.48 | 0.62 | 0.05 | 0.1 | 0.11 | 0.1 |
| Net debt / EBITDA | 0.43 | 1.81 | 2.95 | 1.1 | 0.23 | -0.15 | -0.69 | 0.12 | -0.36 | -0.38 | -0.25 |
| Interest coverage | -2.4K | -98.5 | -21.2 | -25.6 | -30.2 | -19.4 | -193.1 | -16.9 | -7.27 | -2.73 | -1.69 |
| Effective tax rate | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue per share | 0.75 | 1.1 | 0.38 | 11.1 | 35.2 | 34.7 | 0.17 | 0.18 | 0.18 | 0.08 | 0.07 |
| EPS (basic) | -22.7 | -56 | -45.5 | -60.5 | -66 | -39 | -18.5 | -25.9 | -10.8 | -2.78 | -2.78 |
| EPS (diluted) | -22.7 | -56 | -45.5 | -60.5 | -66 | -39 | -18.5 | -25.9 | -10.8 | -2.78 | -1.51 |
| Book value per share | 24.7 | 124.1 | 152.2 | 95.3 | 54.4 | 18.9 | 7.86 | 32.8 | 4.21 | 0.48 | 0.19 |
| FCF per share | -37 | -29.3 | -35.9 | -53.2 | -67.1 | -25.8 | -22.7 | -4.9 | -2.53 | -1.12 | -0.6 |
| Cash per share | 9.45 | 122.4 | 152.8 | 89.3 | 42.8 | 18.4 | 3.73 | 3.17 | 0.62 | 0.22 | 0.27 |
| Capex per share | 19.6 | 1.68 | 3.01 | 4.53 | 2.64 | 0.66 | 1.65 | 0.42 | 0.03 | — | — |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Capex / revenue | 2.6K% | 153.3% | 782.6% | 40.7% | 7.49% | 1.91% | 968.2% | 237.8% | 19% | — | — |
| Capex / operating cash flow | -132% | -6.28% | -9.03% | -8.82% | -4.36% | -2.75% | -10.5% | -1.46% | -0.35% | — | — |
| Payout ratio | 0% | 0% | — | — | — | — | — | — | — | — | 0% |
| — |
| FY21 | — | -$39 | — | — | $26M | — |
| FY20 | — | -$66 | — | — | $23.9M | — |
| FY19 | — | -$60.5 | — | — | $7.3M | — |
| FY18 | — | -$45.5 | — | — | $236K | — |
| FY17 | — | -$56 | — | — | $508K | — |
| FY16 | — | -$22.7 | — | — | $399K | — |
| 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 | $475K | $1.1M | $545K | $838K | $1.7M | $1.2M | $1M | $933K | $615K | $1.1M | $1.7M | $994K |
| YoY change | +1K% | +2.5K% | +1.2K% | +325.4% | +250.9% | +9.88% | +89.7% | +11.3% | -63.1% | -12.8% | +62.6% | +6.54% |
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 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 5M | 56.7M | 93.8M | 58.6M | 29M | 13.8M | 3.4M | 32.7M | 14.4M | 9.9M |
| Receivables | 110K | 0 | 0 | 1.1M | 4.9M | 0 | 0 | 530K | 1M | 503K |
| Inventory | — | — | 0 | 2.6M | 1.4M | 0 | — | — | — | — |
| Total current assets | 5.5M | 57.5M | 95.5M | 63.5M | 39.6M | 15.2M | 4.1M | 35.2M | 16.9M | 12.1M |
| Property, plant & equipment | 6.7M | 9.9M | 17.4M | 18.8M | 18.4M | 17.1M | 17.2M | 36.6M | 43.8M | 27M |
| Goodwill & intangibles | — | — | — | — | — | — | 316K | 940.6M | 574.1M | 528.4M |
| Total assets | 16.6M | 72.2M | 118.8M | 88.1M | 63.3M | 37.2M | 22.4M | 544.4M | 350.1M | 305M |
| Accounts payable | 357K | 1M | 818K | 1.1M | 929K | 1.3M | 340K | 6.1M | 6M | 8.1M |
| Short-term debt | — | 1.4M | 258K | 356K | 364K | 370K | 464K | 6.9M | 4.8M | 3.2M |
| Total current liabilities | 2.9M | 4.3M | 7M | 7.2M | 6.9M | 4.9M | 1.7M | 21.3M | 19.9M | 16.9M |
| Long-term debt | 0 | 10.1M | 18.2M | 18.2M | 19.4M | 17.5M | 13.4M | 17.7M | 31.4M | 29.9M |
| Total liabilities | 3.5M | 14.7M | 25.4M | 25.6M | 26.5M | 23.1M | 15.2M | 206.1M | 252.2M | 283.2M |
| Shareholders' equity | 13.1M | 57.5M | 93.4M | 62.5M | 36.9M | 14.1M | 7.2M | 338.3M | 97.8M | 21.8M |
| Total debt | 0 | 11.5M | 18.5M | 18.6M | 19.8M | 17.9M | 13.9M | 24.6M | 36.3M | 33M |
| Net debt | -5M | -45.2M | -75.3M | -40M | 2.5M | 4.1M | 10.5M | -8.1M | 21.9M | 23.1M |
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 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 | 31.9M | 32.7M | 24.5M | 30M | 28.8M | 14.4M | 23.6M | 36.5M | 23.9M | 9.9M | 30.3M | 20.4M |
| Receivables | 560K | 530K | 650K | 1.1M | 1.2M | 1M | 950K | 953K | 604K | 503K | 1.7M | 838K |
| Inventory | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 34.5M | 35.2M | 26.7M | 33.1M | 31.6M | 16.9M | 25.9M | 39.8M | 26.2M | 12.1M | 33.1M | 23.5M |
| Property, plant & equipment | 39.2M | 36.6M | 34.2M | 48.5M | 46.4M | 43.8M | 41.6M | 39.3M | 37.4M | 27M | 25.7M | 25M |
| Goodwill & intangibles | 1.4B | 940.6M | 939.7M | 938.8M | 575M | 574.1M | 531.1M | 530.2M | 529.3M | 528.4M | 527.5M | 526.6M |
| Total assets | 796.2M | 544.4M | 533M | 553.4M | 367.9M | 350.1M | 335M | 346.2M | 330.2M | 305M | 324.2M | 313.4M |
| Accounts payable | 6.3M | 6.1M | 6.7M | 6.2M | 7M | 6M | 6.8M | 5.9M | 6M | 8.1M | 5.4M | 5.6M |
| Short-term debt | 6.8M | 6.9M | 6.7M | 4.4M | 4.6M | 4.8M | 4.9M | 4.1M | 3.4M | 3.2M | 3M | 3.7M |
| Total current liabilities | 25.1M | 21.3M | 21.7M | 29M | 21.9M | 19.9M | 21M | 22.4M | 20.6M | 16.9M | 13.9M | 14.4M |
| Long-term debt | 19.6M | 17.7M | 16.2M | 33.3M | 32.1M | 31.4M | 30.8M | 31.3M | 30.6M | 29.9M | 29.1M | 29.1M |
| Total liabilities | 203.7M | 206.1M | 213.2M | 246.3M | 247M | 252.2M | 261.1M | 271.7M | 278.2M | 283.2M | 288.7M | 298.6M |
| Shareholders' equity | 592.5M | 338.3M | 319.8M | 307.1M | 120.9M | 97.8M | 74M | 74.5M | 52M | 21.8M | 35.5M | 14.8M |
| Total debt | 26.4M | 24.6M | 22.9M | 37.7M | 36.7M | 36.3M | 35.6M | 35.4M | 33.9M | 33M | 32.1M | 32.7M |
| Net debt | -5.5M | -8.1M | -1.6M | 7.7M | 7.9M | 21.9M | 12.1M | -1M | 10.1M | 23.1M | 1.8M | 12.3M |
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 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net income | -12.1M | -26M | -27.9M | -39.6M | -44.8M | -29.2M | -16.9M | -337.6M | -282.7M | -132.2M |
| Depreciation & amortization | 345K | 551K | 1.1M | 1.6M | 1.9M | 2.3M | 1.5M | 4.7M | 6.9M | 5.9M |
| Stock-based compensation | 948K | 12.1M | 4.4M | 9.2M | 5M | 2.1M | 4M | 16.1M | 10.8M | 8.2M |
| Change in working capital | 1.9M | 940K | 2M | -4.8M | -3M | 6.7M | -3.1M | 1.9M | -208K | 2M |
| Operating cash flow | -7.9M | -12.4M | -20.5M | -33.7M | -41M | -18.1M | -14.5M | -296.1M | -231.1M | -50.6M |
| Capital expenditure | -10.4M | -779K | -1.8M | -3M | -1.8M | -497K | -1.5M | -4.3M | -808K | — |
| Investing cash flow | -10.4M | -779K | -1.8M | -3M | -1.8M | -497K | -1.5M | 55.1M | -808K | — |
| Dividends paid | 0 | 0 | — | — | — | — | — | — | — | — |
| Share repurchases | 0 | 0 | -230K | — | — | — | — | — | — | — |
| Financing cash flow | 0 | 64.9M | 57.8M | -674K | 15.2M | 3.5M | 10M | 19M | 40.6M | 46.6M |
| Net change in cash | -18.3M | 51.8M | 35.6M | -37.3M | -27.6M | -15.1M | -6M | -222M | -191.3M | -3.9M |
| Free cash flow | -19.7M | -13.6M | -22M | -34.9M | -45.5M | -19.3M | -20.9M | -50.5M | -58.9M | -51.2M |
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 | -34.5M | -277.2M | -27M | -28.5M | -201.5M | -25.8M | -49.4M | -26.6M | -24.3M | -31.9M | -21.2M | -22.1M |
| Depreciation & amortization | 1.7M | 1.8M | 1.8M | 1.8M | 1.7M | 1.6M | 1.6M | 1.6M | 1.4M | 1.3M | 1.2M | 1.2M |
| Stock-based compensation | 5.8M | 4.4M | 2.5M | 2.8M | 2.7M | 2.7M | 2.5M | 2M | 1.9M | 1.8M | 1.6M | 1.5M |
| Change in working capital | 1.8M | -375K | -5K | -854K | 716K | -263K | 1.8M | -344K | 529K | 21K | -2.5M | 1.4M |
| Operating cash flow | -17.4M | -263.2M | -14.3M | -17.2M | -187.5M | -13.4M | -35.1M | -13.6M | -11.7M | -13.4M | -11.5M | -9.4M |
| Capital expenditure | -3.3M | -449K | -228K | -169K | -355K | -56K | -291K | — | — | — | — | — |
| Investing cash flow | -3.3M | -449K | -228K | -169K | -355K | -56K | -291K | — | — | — | — | — |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | -1.6M | 18.3M | 5.5M | 22.1M | 12.7M | -306K | 21.3M | 26.6M | -725K | -458K | 32M | -528K |
| Net change in cash | -22.4M | -245.3M | -9.1M | 4.8M | -175.2M | -13.8M | -14.1M | 13M | -12.5M | -13.9M | 20.5M | -9.9M |
| Free cash flow | -18.4M | -17.5M | -13.7M | -17.2M | -13.9M | -14.1M | -12.1M | -13.7M | -11.8M | -13.5M | -11.6M | -9.4M |