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 | -$0.06 | -$0.03 | +50.0% | — | $23.3M | — |
| Q1 26 | -$0.04 | -$0.06 | -50.0% | — | $22.4M | — |
| Q4 25 | -$0.04 | -$0.03 | +25.0% | — | $23M | — |
| Q3 25 | -$0.13 | -$0.1 | +23.1% | — | $22M | — |
| Q2 25 | -$0.17 | -$0.12 | +29.4% | — | $22.1M | — |
| Q1 25 | -$0.13 | -$0.14 | -7.7% | — | $22.5M | — |
| Q4 24 | -$0.17 | -$0.14 | +17.6% | — | $22.8M | — |
| Q3 24 | -$0.13 | -$0.15 | -15.4% | — | $21.2M | — |
| Q2 24 | -$0.11 | -$0.12 | -9.1% | — | $22.2M | — |
| Q1 24 | -$0.08 | -$0.08 | 0.0% | — | $22.1M | — |
| Q4 23 | -$0.08 | -$0.07 | +12.5% | — | $20.9M | — |
| Q3 23 | -$0.13 | -$0.08 | +38.5% | — | $20.7M | — |
| Q2 23 | -$0.22 | -$0.21 | +4.5% | — | $20.9M | — |
| Q1 23 | -$0.22 | -$0.21 | +4.5% | — | $22.2M | — |
| Q4 22 | -$0.21 | -$0.18 | +14.3% | — | $23M | — |
| Q3 22 | -$0.18 | -$0.22 | -22.2% | — | $22.7M | — |
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 | — | -$0.38 | — | — | $89.6M | — |
| FY24 | — | -$0.49 | — | — | $88.3M | — |
| FY23 | — | -$0.57 | — | — | $84.7M | — |
| FY22 | — | -$0.59 | — | — | $96.8M | — |
| FY21 | — | -$1.08 |
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 | $70.6M | $81.9M | $102.7M | $96.8M | $84.7M | $88.3M | $89.6M |
| YoY change | — | +16% | +25.5% | -5.73% | -12.6% | +4.22% | +1.54% |
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 | 70.6M | 81.9M | 102.7M | 96.8M | 84.7M | 88.3M | 89.6M |
| Cost of revenue | 23.7M | 25.9M | 32.2M | 29.7M | 25.1M | 24.8M | 24.2M |
| Gross profit | 46.8M | 55.9M | 70.6M | 67.2M | 59.6M | 63.4M | 65.4M |
| Gross margin | 66.4% | 68.3% | 68.7% | 69.4% | 70.3% | 71.9% | 73% |
| Research & development | 15.2M | 16.5M | 19.1M | 24.4M | 21.6M | 21.2M | 23.4M |
| Selling, general & administrative | 59.4M | 49.1M | 68.7M | 72.4M | 65.2M | 65.5M | 58M |
| Operating expenses | 78M | 69.4M | 93M | 96.8M | 86.9M | 86.6M | 81.4M |
| Operating income | -27.7M | -9.7M | -17.3M | -29.6M | -27.3M | -23.2M | -15.9M |
| Operating margin | -39.2% | -11.8% | -16.8% | -30.6% | -32.2% | -26.3% | -17.8% |
| Non-operating income, net | -2.8M | -3M | -3.8M | 5.5M | -2M | -1.3M | -1.6M |
| Pretax income | -30.3M | -12.5M | -20.9M | -22.5M | -22.7M | -18.6M | -13.6M |
| Income tax | -409K | 11K | 21K | 37K | 14K | 44K | 98K |
| Net income | -29.9M | -12.5M | -21M | -22.5M | -22.7M | -18.6M | -13.7M |
| Net margin | -42.3% | -15.3% | -20.4% | -23.3% | -26.8% | -21.1% | -15.2% |
| EBITDA | -21.1M | -2.7M | -12.6M | -21M | -14.1M | -10.2M | -7.6M |
| EPS | -1.42 | -0.9 | -1.08 | -0.59 | -0.57 | -0.49 | -0.38 |
| Diluted EPS | -1.42 | -0.9 | -1.08 | -0.59 | -0.57 | -0.49 | -0.38 |
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 | 20.7M | 20.9M | 22.1M | 22.2M | 21.2M | 22.8M | 22.5M | 22.1M | 22M | 23M | 22.4M | 23.3M |
| Cost of revenue | 5.5M | 6M | 6.1M | 6.3M | 6.2M | 6.3M | 6.2M | 6.2M | 5.6M | 6.1M | 5.7M | 6.1M |
| Gross profit | 15.2M | 15M | 16M | 15.9M | 15M | 16.5M | 16.3M | 15.9M | 16.3M | 16.9M | 16.7M | 17.2M |
| Gross margin | 73.3% | 71.5% | 72.5% | 71.7% | 71% | 72.3% | 72.4% | 71.8% | 74.3% | 73.5% | 74.4% | 73.9% |
| Research & development | 4.5M | 4.4M | 4.7M | 5.5M | 5.5M | 5.5M | 5.6M | 5.9M | 5.9M | 6M | 6.2M | 6.3M |
| Selling, general & administrative | 15.2M | 14.9M | 16.2M | 16.1M | 16M | 17.1M | 16.1M | 14.7M | 14.3M | 12.8M | 13.1M | 12M |
| Operating expenses | 20.4M | 19.3M | 21.3M | 22.4M | 22.4M | 22.6M | 22.6M | 21.6M | 21M | 18.8M | 20M | 19.3M |
| Operating income | -5.2M | -4.4M | -5.4M | -6.5M | -7.4M | -4M | -6.3M | -5.7M | -4.7M | 722K | -3.3M | -2.1M |
| Operating margin | -25.3% | -21% | -24.3% | -29.2% | -34.9% | -17.4% | -27.7% | -25.8% | -21.3% | 3.14% | -14.8% | -8.85% |
| Non-operating income, net | 171K | -246K | 357K | 415K | 356K | -2.5M | 354K | 434K | 252K | -2.7M | 302K | 363K |
| Pretax income | -3.3M | -2.9M | -3.3M | -4.4M | -5.7M | -5.2M | -4.8M | -4.3M | -3.5M | -1M | -2.2M | -989K |
| Income tax | 0 | 14K | 0 | 4K | 4K | 36K | 4K | 19K | 52K | 23K | 4K | 34K |
| Net income | -3.3M | -2.9M | -3.3M | -4.4M | -5.7M | -5.2M | -4.8M | -4.3M | -3.5M | -1M | -2.2M | -1M |
| Net margin | -16% | -14.1% | -15% | -20% | -26.8% | -22.9% | -21.3% | -19.5% | -16% | -4.53% | -9.71% | -4.39% |
| EBITDA | -4.1M | -996K | -4.1M | -5.2M | -6M | 2.1M | -4.9M | -4.4M | -3.3M | 2M | -2M | -719K |
| EPS | -0.08 | -0.07 | -0.08 | -0.12 | -0.15 | -0.14 | -0.14 | -0.12 | -0.1 | -0.03 | -0.06 | -0.03 |
| Diluted EPS | -0.08 | -0.07 | -0.08 | -0.12 | -0.15 | -0.14 | -0.14 | -0.12 | -0.1 | -0.03 | -0.06 | -0.03 |
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 | — | — | — | — | 185.9M | 133.9M | 216.2M | 133.8M |
| Enterprise value | — | — | — | — | 68.5M | 52.2M | 139.8M | 82.1M |
| Shares outstanding | 30.7M | 30.7M | 26.1M | 38.5M | 39.7M | 37.8M | 36.1M | 36.1M |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | — | -10.5 |
| P/S | — | — | — | — | 2.2 | 1.52 | 2.41 | 1.47 |
| P/B | — | — | — | — | 1.38 | 1.35 | 2.31 | 1.81 |
| EV/EBITDA | — | — | — | — | -4.87 | -5.13 | -18.4 | -7.57 |
| EV/Sales | — | — | — | — | 0.81 | 0.59 | 1.56 | 0.91 |
| Earnings yield | — | — | — | — | — | — | — | -9.52% |
| FCF yield | — | — | — | — | -8.26% | -3.61% | -1.48% | 2.38% |
| PEG | — | — | — | — | — | — | — | 0.14 |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Gross margin | 66.4% | 68.3% | 68.7% | 69.4% | 70.3% | 71.9% | 73% | 73.9% |
| Operating margin | -39.2% | -11.8% | -16.8% | -30.6% | -32.2% | -26.3% | -17.8% | -8.85% |
| Net margin | -42.3% | -15.3% | -20.4% | -23.3% | -26.8% | -21.1% | -15.2% | -8.54% |
| ROE | 13.6% | 5.14% | -13.3% | -15.2% | -16.9% | -18.8% | -14.6% | -9.19% |
| ROA | -33.6% | -15.4% | -10.9% | -11.5% | -12.6% | -12.8% | -10.3% | -5.56% |
| ROIC | 10.1% | 3.24% | 159.9% | -153.8% | -161.7% | -132% | -93% | -41.7% |
| Return on tangible assets | -41.9% | -19.5% | -11.9% | -12% | -13.2% | -13.6% | -11.1% | -7.61% |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Current ratio | 3.09 | 2.74 | 5.46 | 6.24 | 5.34 | 3.93 | 4.2 | 3.35 |
| Quick ratio | 3.09 | 2.74 | 5.46 | 6.24 | 5.34 | 3.93 | 4.2 | 3.35 |
| Debt / equity | — | — | 0 | 0.17 | 0.16 | 0.22 | 0.2 | 0.22 |
| Debt / assets | — | — | 0 | 0.12 | 0.12 | 0.15 | 0.14 | 0.15 |
| Net debt / EBITDA | — | — | 13.3 | 6.13 | 8.34 | 8.04 | 10.1 | 12.8 |
| Interest coverage | -55.5 | -893.1 | -1.3K | -2K | — | — | — | — |
| Effective tax rate | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Revenue per share | 2.3 | 2.67 | 3.94 | 2.52 | 2.13 | 2.33 | 2.48 | 2.52 |
| EPS (basic) | -1.42 | -0.9 | -1.08 | -0.59 | -0.57 | -0.49 | -0.38 | -0.38 |
| EPS (diluted) | -1.42 | -0.9 | -1.08 | -0.59 | -0.57 | -0.49 | -0.38 | -0.21 |
| Book value per share | -7.14 | -7.95 | 6.04 | 3.85 | 3.38 | 2.63 | 2.59 | 2.19 |
| FCF per share | -0.8 | -0.17 | -0.25 | -0.78 | -0.39 | -0.13 | -0.09 | -0.05 |
| Cash per share | 1.81 | 1.79 | 6.46 | 3.98 | 3.51 | 2.75 | 2.63 | 2.02 |
| Capex per share | 0.06 | 0 | 0 | 0 | 0 | 0.02 | — | — |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Capex / revenue | 2.71% | 0.05% | 0.13% | 0.1% | 0.1% | 0.7% | — | — |
| Capex / operating cash flow | -18.1% | -0.72% | -1.37% | -0.58% | -0.99% | -10% | — | — |
| Payout ratio | — | — | — | — | — | — | — | 0% |
| — |
| — |
| $102.7M |
| — |
| FY20 | — | -$0.9 | — | — | $81.9M | — |
| FY19 | — | -$1.42 | — | — | $70.6M | — |
| Q1 24 |
|---|
| Q2 24 |
|---|
| Q3 24 |
|---|
| Q4 24 |
|---|
| Q1 25 |
|---|
| Q2 25 |
|---|
| Q3 25 |
|---|
| Q4 25 |
|---|
| Q1 26 |
|---|
| Q2 26 |
|---|
| Revenue | $20.7M | $20.9M | $22.1M | $22.2M | $21.2M | $22.8M | $22.5M | $22.1M | $22M | $23M | $22.4M | $23.3M |
| YoY change | -9.09% | -8.86% | -0.52% | +6.28% | +2.55% | +8.83% | +2.19% | -0.45% | +3.69% | +0.87% | -0.7% | +5.34% |
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 | 55.5M | 54.9M | 168.2M | 153.2M | 139.3M | 103.9M | 95M |
| Receivables | 525K | 887K | 701K | 972K | 643K | 490K | 422K |
| Inventory | — | — | — | — | — | — | — |
| Total current assets | 64.1M | 64.1M | 175.9M | 162.5M | 147.9M | 111.9M | 102.3M |
| Property, plant & equipment | 9.1M | 5.1M | 4.5M | 25.7M | 23M | 23.3M | 19.4M |
| Goodwill & intangibles | 17.5M | 17.1M | 16.7M | 8.2M | 8.2M | 8.5M | 8.6M |
| Total assets | 88.7M | 81.3M | 192.3M | 195.8M | 180.8M | 145.8M | 132.1M |
| Accounts payable | 5.9M | 9M | 15M | 10.1M | 10.1M | 10.8M | 8.4M |
| Short-term debt | — | — | — | 2.8M | 3.1M | 4.2M | 4.4M |
| Total current liabilities | 20.8M | 23.4M | 32.2M | 26.1M | 27.7M | 28.5M | 24.4M |
| Long-term debt | — | — | 0 | 21.7M | 18.8M | 18M | 14.1M |
| Total liabilities | 308M | 325.3M | 34.8M | 47.8M | 46.5M | 46.5M | 38.5M |
| Shareholders' equity | -219.2M | -243.9M | 157.4M | 148M | 134.3M | 99.3M | 93.6M |
| Total debt | — | — | 0 | 24.4M | 21.9M | 22.2M | 18.6M |
| Net debt | — | — | -168.2M | -128.8M | -15.5M | -3.8M | -4.3M |
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 | 143M | 139.3M | 134.2M | 110.6M | 109.4M | 103.9M | 101M | 94.3M | 93.4M | 95M | 85.3M | 67.7M |
| Receivables | 693K | 643K | 610K | 681K | 639K | 490K | 658K | 698K | 818K | 422K | 647K | 598K |
| Inventory | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 150.7M | 147.9M | 142.6M | 121M | 119M | 111.9M | 109.9M | 105.8M | 103.9M | 102.3M | 93.4M | 83.2M |
| Property, plant & equipment | 23.4M | 23M | 25.9M | 25.5M | 24.5M | 23.3M | 22.3M | 21.8M | 20.6M | 19.4M | 18.3M | 17.3M |
| Goodwill & intangibles | 8.2M | 8.2M | 8.2M | 8.5M | 8.6M | 8.5M | 8.5M | 8.6M | 8.6M | 8.6M | 8.6M | 8.6M |
| Total assets | 182.8M | 180.8M | 179.5M | 157.6M | 154.4M | 145.8M | 142.5M | 138.6M | 135.2M | 132.1M | 121.8M | 110.4M |
| Accounts payable | 10.1M | 10.1M | 10.3M | 10.4M | 11.2M | 10.8M | 13.2M | 12.2M | 8.4M | 8.4M | 8.4M | 8.5M |
| Short-term debt | 2.9M | 3.1M | 3.6M | 3.9M | 4.2M | 4.2M | 4.2M | 4.4M | 4.4M | 4.4M | 4.5M | 4.6M |
| Total current liabilities | 27M | 27.7M | 27.3M | 27.1M | 28.1M | 28.5M | 29.4M | 27.3M | 25.9M | 24.4M | 24.9M | 24.8M |
| Long-term debt | 19.5M | 18.8M | 21.1M | 20.1M | 19M | 18M | 16.9M | 16.4M | 15.3M | 14.1M | 13M | 11.8M |
| Total liabilities | 46.5M | 46.5M | 48.5M | 47.2M | 47.2M | 46.5M | 46.3M | 43.7M | 41.2M | 38.5M | 37.9M | 36.6M |
| Shareholders' equity | 136.3M | 134.3M | 131M | 110.4M | 107.2M | 99.3M | 96.2M | 94.9M | 94M | 93.6M | 84M | 73.7M |
| Total debt | 22.4M | 21.9M | 24.7M | 24M | 23.2M | 22.2M | 21.1M | 20.8M | 19.7M | 18.6M | 17.5M | 16.4M |
| Net debt | -10.1M | -15.5M | -9M | 204K | 1.2M | -3.8M | 829K | -1.7M | -268K | -4.3M | -2.8M | -2.5M |
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 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|
| Net income | -29.9M | -12.5M | -21M | -22.5M | -22.7M | -18.6M | -13.7M |
| Depreciation & amortization | 5.2M | 6M | 3.1M | 5.3M | 4.9M | 5.4M | 5.3M |
| Stock-based compensation | 1.1M | 846K | 2.8M | 11.2M | 12.4M | 14.8M | 14.1M |
| Change in working capital | 14.8M | 1.8M | 4.9M | -10.4M | -3.5M | -7.9M | -5.6M |
| Operating cash flow | -10.6M | -6.1M | -9.4M | -16M | -8.9M | -6.2M | -2.4M |
| Capital expenditure | -1.9M | -44K | -129K | -93K | -88K | -618K | — |
| Investing cash flow | -4.2M | 3.1M | -159K | 14.5M | -98.5M | 23.6M | 6.3M |
| Dividends paid | — | — | — | — | — | — | — |
| Share repurchases | — | — | 0 | 0 | -3.4M | -27.7M | -3.4M |
| Financing cash flow | 60.6M | -448K | 117.3M | 0 | -4M | -31.5M | -7.1M |
| Net change in cash | 45.8M | -3.5M | 107.7M | -1.5M | -111.4M | -14.1M | -3.3M |
| Free cash flow | -24.6M | -5.3M | -6.6M | -29.9M | -15.3M | -4.8M | -3.2M |
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 | -3.3M | -2.9M | -3.3M | -4.4M | -5.7M | -5.2M | -4.8M | -4.3M | -3.5M | -1M | -2.2M | -1M |
| Depreciation & amortization | 1.1M | 1.1M | 1.3M | 1.3M | 1.4M | 1.4M | 1.3M | 1.3M | 1.4M | 1.3M | 1.3M | 1.3M |
| Stock-based compensation | 3M | 3M | 3.1M | 4M | 3.9M | 3.8M | 4M | 3.5M | 3.2M | 3.2M | 3M | 3M |
| Change in working capital | -4.6M | 888K | -6.3M | -1M | -711K | 119K | -2.6M | -2.8M | -342K | 227K | -3.2M | -6.6M |
| Operating cash flow | -3.5M | 1.9M | -5.1M | -71K | -1.3M | 291K | -2.1M | -5.1M | -1.5M | 4.3M | 1.1M | -4.8M |
| Capital expenditure | -42K | -21K | -196K | -358K | -41K | -23K | -47K | — | — | — | — | — |
| Investing cash flow | -8.9M | 9.9M | 1.9M | 13.9M | 321K | 7.2M | -3M | 9.2M | -1.4M | 1.4M | 7M | 16.1M |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | -1.3M | -2.1M | -2.7M | -19.2M | -877K | -5M | -1.8M | 0 | 0 | -1.6M | -9.1M | -11.6M |
| Financing cash flow | -1.3M | -2.1M | -2.7M | -19.2M | -2.1M | -5.6M | -2.4M | -715K | -649K | -3.4M | -10.3M | -12.5M |
| Net change in cash | -13.8M | 9.7M | -5.9M | -5.4M | -3.1M | 1.9M | -7.5M | 3.4M | -3.5M | 2.3M | -2.3M | -1.2M |
| Free cash flow | -2.6M | -2.6M | -3.7M | -3.3M | -323K | 2.5M | -415K | -5.3M | -1.7M | 4.2M | 827K | -5.1M |