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 | -$0.26 | -$0.25 | +3.8% | — | $2.1M | — |
| Q4 25 | -$0.27 | -$0.27 | 0.0% | — | $1.4M | — |
| Q3 25 | -$0.28 | -$0.27 | +3.6% | — | $1.7M | — |
| Q2 25 | -$0.34 | -$0.29 | +14.7% | — | $1.9M | — |
| Q1 25 | -$0.38 | -$0.32 | +15.8% | — | $1.6M | — |
| Q4 24 | -$0.42 | -$0.44 | -4.8% | — | $1.9M | — |
| Q3 24 | -$0.41 | -$0.4 | +2.4% | — | $3.1M | — |
| Q2 24 | -$0.45 | -$0.33 | +26.7% | — | $6.8M | — |
| Q1 24 | -$0.45 | -$0.47 | -4.4% | — | $1.9M | — |
| Q4 23 | -$0.5 | -$0.45 | +10.0% | — | $1.7M | — |
| Q3 23 | -$0.57 | -$0.46 | +19.3% | — | $1.9M | — |
| Q2 23 | -$0.59 | -$0.54 | +8.5% | — | $933K | — |
| Q1 23 | -$0.62 | -$0.19 | +69.4% | — | $59M | — |
| Q4 22 | -$0.86 | -$0.58 | +32.6% | — | $44.4M | — |
| Q3 22 | -$0.89 | -$0.86 | +3.4% | — | $15M | — |
| Q2 22 | -$0.83 | -$0.79 | +4.8% | — | $18.5M | — |
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 | — | -$1.15 | — | — | $6.6M | — |
| FY24 | — | -$1.64 | — | — | $13.6M | — |
| FY23 | — | -$1.64 | — | — | $63.5M | — |
| FY22 | — | -$2.91 | — | — | $96.3M |
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 | $4.4M | $4.1M | $4.7M | $10.7M | $31.4M | $55.8M | $96.3M | $63.5M | $13.6M | $6.6M |
| YoY change | +81.1% | -6.72% | +15.4% | +125.3% | +194.3% | +77.7% | +72.4% | -34% | -78.5% | -51.2% |
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 | 4.4M | 4.1M | 4.7M | 10.7M | 31.4M | 55.8M | 96.3M | 63.5M | 13.6M | 6.6M |
| Cost of revenue | — | — | — | — | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — | — | — | — | — |
| Gross margin | — | — | — | — | — | — | — | — | — | — |
| Research & development | 26.5M | 34.4M | 56M | 87.8M | 125.6M | 215.5M | 320.5M | 172.6M | 135M | 107.8M |
| Selling, general & administrative | 9.9M | 11.9M | 15.8M | 23.6M | 33.9M | 57.3M | 84.2M | 81.4M | 74.2M | 46.5M |
| Operating expenses | 36.4M | 46.2M | 71.8M | 111.4M | 159.5M | 272.8M | 404.7M | 254M | 209.2M | 154.3M |
| Operating income | -32M | -42.1M | -67.1M | -100.7M | -128.1M | -217M | -308.4M | -190.5M | -195.5M | -147.7M |
| Operating margin | -726.1% | -1K% | -1.4K% | -943.1% | -407.5% | -388.6% | -320.2% | -299.9% | -1.4K% | -2.2K% |
| Non-operating income, net | 0 | -118K | — | — | -47.7M | 3.5M | 20.8M | 12.4M | -8M | 337K |
| Pretax income | -33.5M | -43M | -66.6M | -98.1M | -173.4M | -212.2M | -281.7M | -160.9M | -186.3M | -136.3M |
| Income tax | — | — | — | — | — | — | — | — | — | — |
| Net income | -33.5M | -43M | -66.6M | -98.1M | -173.4M | -212.2M | -281.7M | -160.9M | -186.3M | -136.3M |
| Net margin | -760.2% | -1K% | -1.4K% | -919% | -551.6% | -379.9% | -292.5% | -253.3% | -1.4K% | -2.1K% |
| EBITDA | -30.9M | -40.6M | -63.7M | -94.2M | -77.3M | -214.7M | -314.9M | -174.7M | -162.7M | -135M |
| EPS | -1.05 | -1.02 | -1.19 | -1.44 | -2.1 | -2.24 | -2.91 | -1.64 | -1.64 | -1.15 |
| Diluted EPS | -1.05 | -1.02 | -1.19 | -1.44 | -2.1 | -2.24 | -2.91 | -1.64 | -1.64 | -1.15 |
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 | 1.9M | 1.7M | 1.9M | 6.8M | 3.1M | 1.9M | 1.6M | 1.9M | 1.7M | 1.4M | 1.3M | 2.1M |
| Cost of revenue | — | — | — | — | — | — | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — | — | — | — | — | — | — |
| Gross margin | — | — | — | — | — | — | — | — | — | — | — | — |
| Research & development | 34.3M | 31.8M | 32.1M | 34.6M | 34.6M | 33.6M | 29.1M | 27.4M | 25.8M | 25.4M | 24.7M | 24.4M |
| Selling, general & administrative | 18.9M | 17.9M | 20.9M | 17.3M | 20.8M | 15.3M | 13.8M | 11.4M | 10.6M | 10.7M | 9.6M | 8.8M |
| Operating expenses | 53.2M | 49.8M | 53M | 51.9M | 55.5M | 48.9M | 42.9M | 38.9M | 36.5M | 36.1M | 34.3M | 33.2M |
| Operating income | -51.3M | -48.1M | -51.1M | -45.1M | -52.4M | -47M | -41.3M | -37M | -34.7M | -34.7M | -33M | -31.1M |
| Operating margin | -2.6K% | -2.9K% | -2.7K% | -665.7% | -1.7K% | -2.5K% | -2.5K% | -1.9K% | -2K% | -2.5K% | -2.5K% | -1.5K% |
| Non-operating income, net | 1.4M | -461K | -1.1M | 1.8M | 261K | -9M | 323K | -23K | -90K | 127K | -80K | -580K |
| Pretax income | -45.2M | -44.1M | -48M | -38.4M | -47.7M | -52.2M | -37.6M | -34.1M | -32.3M | -32.4M | -31.2M | -30.2M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — |
| Net income | -45.2M | -44.1M | -48M | -38.4M | -47.7M | -52.2M | -37.6M | -34.1M | -32.3M | -32.4M | -31.2M | -30.2M |
| Net margin | -2.3K% | -2.6K% | -2.5K% | -567.4% | -1.6K% | -2.8K% | -2.3K% | -1.8K% | -1.9K% | -2.4K% | -2.4K% | -1.4K% |
| EBITDA | -46.5M | -43.2M | -46.2M | -40.4M | -47.8M | -42.2M | -37.9M | -33.7M | -31.5M | -31.7M | -30.1M | -28.4M |
| EPS | -0.46 | — | -0.47 | -0.33 | -0.4 | -0.44 | -0.32 | -0.29 | -0.27 | -0.27 | -0.26 | -0.25 |
| Diluted EPS | -0.46 | — | -0.47 | -0.33 | -0.4 | -0.44 | -0.32 | -0.29 | -0.27 | -0.27 | -0.26 | -0.25 |
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 | — | — | — | — | — | — | 977M | 368.1M | — | 116.4M | 285.2M |
| Enterprise value | — | — | — | — | — | — | 650.1M | 156.4M | — | -9.4M | 203.5M |
| Shares outstanding | 31.8M | 42M | 56.2M | 68.2M | 82.4M | 94.7M | 96.8M | 98.4M | 113.7M | 118.8M | 118.8M |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | — | — | — | — | -2.07 |
| P/S | — | — | — | — | — | — | 10.1 | 5.79 | — | 17.5 | 42.2 |
| P/B | — | — | — | — | — | — | 2.02 | 1 | — | 0.56 | 1.74 |
| EV/EBITDA | — | — | — | — | — | — | -2.06 | -0.9 | — | 0.07 | -1.69 |
| EV/Sales | — | — | — | — | — | — | 6.75 | 2.46 | — | -1.41 | 31.3 |
| Earnings yield | — | — | — | — | — | — | — | — | — | — | -48.3% |
| FCF yield | — | — | — | — | — | — | -29% | -37.6% | — | -96.2% | -17.1% |
| PEG | — | — | — | — | — | — | — | — | — | — | 0.15 |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating margin | -726.1% | -1K% | -1.4K% | -943.1% | -407.5% | -388.6% | -320.2% | -299.9% | -1.4K% | -2.2K% | -1.5K% |
| Net margin | -760.2% | -1K% | -1.4K% | -919% | -551.6% | -379.9% | -292.5% | -253.3% | -1.4K% | -2.1K% | 0% |
| ROE | -45.7% | -55.6% | -41.5% | -40.1% | -45.1% | -31.3% | -58.2% | -43.7% | -58.4% | -65.8% | -60.8% |
| ROA | -35.2% | -40.8% | -31.3% | -32.5% | -27.9% | -23% | -39.9% | -31.8% | -42.3% | -42.7% | -26.2% |
| Return on tangible assets | -35.2% | -40.8% | -31.3% | -32.5% | -27.9% | -23% | -39.9% | -31.8% | -42.3% | -42.7% | -48.4% |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current ratio | 6.14 | 9.29 | 7.53 | 8.17 | 5.78 | 7.79 | 4.4 | 8.48 | 7.58 | 5.79 | 4.85 |
| Quick ratio | 6.14 | 9.29 | 7.53 | 8.17 | 5.78 | 7.79 | 4.4 | 8.48 | 7.58 | 5.79 | 4.85 |
| Debt / equity | 0.15 | 0.19 | 0.09 | 0.11 | 0.25 | 0.17 | 0.23 | 0.28 | 0.27 | 0.38 | 0.49 |
| Debt / assets | 0.11 | 0.14 | 0.07 | 0.09 | 0.16 | 0.12 | 0.15 | 0.2 | 0.19 | 0.24 | 0.29 |
| Net debt / EBITDA | 2.63 | 2.12 | 2.92 | 2.06 | 4.99 | 2.33 | 1.04 | 1.21 | 1.19 | 0.93 | 0.64 |
| Interest coverage | -19.4 | -32.9 | -38.3 | -55 | — | — | — | — | — | — | — |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue per share | 0.14 | 0.1 | 0.08 | 0.16 | 0.38 | 0.59 | 0.99 | 0.65 | 0.12 | 0.06 | 0.05 |
| EPS (basic) | -1.05 | -1.02 | -1.19 | -1.44 | -2.1 | -2.24 | -2.91 | -1.64 | -1.64 | -1.15 | -1.15 |
| EPS (diluted) | -1.05 | -1.02 | -1.19 | -1.44 | -2.1 | -2.24 | -2.91 | -1.64 | -1.64 | -1.15 | -1.05 |
| Book value per share | 2.3 | 1.84 | 2.86 | 3.59 | 4.67 | 7.16 | 5 | 3.74 | 2.8 | 1.74 | 1.31 |
| FCF per share | -0.95 | -0.92 | -0.73 | -1.33 | -0.54 | -2.25 | -2.93 | -1.41 | -1.09 | -0.94 | -0.88 |
| Cash per share | 2.9 | 2.4 | 3.58 | 3.25 | 5.86 | 6.5 | 4.51 | 3.2 | 2.45 | 1.71 | 1.28 |
| Capex per share | 0.01 | 0.04 | 0.04 | 0.11 | 0.06 | 0.54 | 0.37 | 0.06 | 0.01 | — | — |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Capex / revenue | 9.97% | 42% | 48.6% | 69.2% | 15.7% | 90.8% | 36.9% | 9.68% | 5.36% | — | — |
| Capex / operating cash flow | -1.41% | -4.42% | -5.68% | -8.69% | -19.1% | -29.7% | -14.6% | -5.87% | -0.55% | — | — |
| Payout ratio | — | — | — | — | — | — | — | — | — | — | 0% |
| — |
| FY21 | — | -$2.24 | — | — | $55.8M | — |
| FY20 | — | -$2.1 | — | — | $31.4M | — |
| FY19 | — | -$1.44 | — | — | $10.7M | — |
| FY18 | — | -$1.19 | — | — | $4.7M | — |
| FY17 | — | -$1.02 | — | — | $4.1M | — |
| FY16 | — | -$1.05 | — | — | $4.4M | — |
| 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 | $1.9M | $1.7M | $1.9M | $6.8M | $3.1M | $1.9M | $1.6M | $1.9M | $1.7M | $1.4M | $1.3M | $2.1M |
| YoY change | -87% | -96.2% | -96.7% | +625.8% | +58.1% | +11% | -15.4% | -71.8% | -43.4% | -26.4% | -20.3% | +9.18% |
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 | 92.1M | 100.9M | 201M | 221.4M | 482.9M | 615.9M | 436.2M | 315.2M | 279.1M | 203.7M |
| Receivables | — | 0 | 500K | 0 | 5.5M | 8.7M | 38.5M | 1.8M | 3.5M | 916K |
| Inventory | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 93.3M | 102.6M | 205.2M | 227.1M | 494.3M | 633.4M | 502.1M | 331.5M | 291.9M | 208.7M |
| Property, plant & equipment | 1.6M | 2.5M | 5.1M | 11.4M | 32.3M | 91.5M | 110M | 96.8M | 64.4M | -5.4M |
| Goodwill & intangibles | — | — | — | — | — | — | — | — | — | — |
| Total assets | 95M | 105.3M | 213M | 302.3M | 622.5M | 921.5M | 705.6M | 506.2M | 440.7M | 318.9M |
| Accounts payable | 934K | 1.7M | 4.2M | 5.8M | 6.3M | 8.6M | 8.3M | 4.7M | 9.4M | 2.7M |
| Short-term debt | 8.2M | — | 2.4M | 1.7M | 3.4M | 5.6M | 5.6M | 6.2M | 7.4M | 4.6M |
| Total current liabilities | 15.2M | 11M | 27.3M | 27.8M | 85.6M | 81.3M | 114.1M | 39.1M | 38.5M | 36.1M |
| Long-term debt | 2.5M | 14.8M | 12.4M | 25.2M | 93.9M | 109.2M | 103.7M | 97.4M | 77.8M | 73.3M |
| Total liabilities | 21.9M | 28.1M | 52.6M | 57.5M | 238M | 242.6M | 221.6M | 137.8M | 122M | 111.8M |
| Shareholders' equity | 73.2M | 77.2M | 160.5M | 244.8M | 384.4M | 678.8M | 483.9M | 368.4M | 318.7M | 207.2M |
| Total debt | 10.7M | 14.8M | 14.9M | 26.9M | 97.3M | 114.8M | 109.3M | 103.5M | 85.3M | 77.8M |
| Net debt | -77.9M | -74.1M | -175.6M | -72.9M | -70M | -18.8M | 48M | 61.7M | 49.2M | 31.2M |
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 | 349.7M | 315.2M | 383.5M | 304.9M | 296.9M | 279.1M | 240.4M | 222.8M | 215.4M | 203.7M | 174.8M | 153.8M |
| Receivables | 1.5M | 1.8M | 858K | 1M | 4.1M | 3.5M | 2.4M | 1.4M | 682K | 916K | 704K | 703K |
| Inventory | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 364.2M | 331.5M | 394.4M | 319.4M | 310.3M | 291.9M | 248.2M | 230.4M | 221.3M | 208.7M | 179.5M | 158M |
| Property, plant & equipment | 101.7M | 96.8M | 92.1M | 87.5M | 82.4M | 64.4M | 107.9M | 61.1M | 59.5M | -5.4M | 54.3M | 51.5M |
| Goodwill & intangibles | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | 543.8M | 506.2M | 569.9M | 528.8M | 495M | 440.7M | 398.7M | 371.6M | 343.7M | 318.9M | 284.9M | 260.1M |
| Accounts payable | 5.7M | 4.7M | 6.8M | 5.5M | 6.3M | 9.4M | 4.2M | 4M | 3.5M | 2.7M | 3.3M | 3.3M |
| Short-term debt | 6M | 6.2M | 6.4M | 6.6M | 6.9M | 7.4M | 6.5M | 5.7M | 4.8M | 4.6M | 4.7M | 4.9M |
| Total current liabilities | 41.3M | 39.1M | 45.4M | 34.8M | 37.4M | 38.5M | 28.2M | 28.7M | 28.1M | 36.1M | 30.7M | 32.6M |
| Long-term debt | 99M | 97.4M | 95.7M | 93.9M | 92.1M | 77.8M | 76.8M | 75.7M | 74.5M | 73.3M | 72M | 70.8M |
| Total liabilities | 141M | 137.8M | 143.8M | 131.8M | 132.6M | 122M | 110.3M | 110.3M | 109.6M | 111.8M | 105.2M | 106.7M |
| Shareholders' equity | 402.8M | 368.4M | 426.1M | 397M | 362.3M | 318.7M | 288.4M | 261.4M | 234.1M | 207.2M | 179.7M | 153.4M |
| Total debt | 105M | 103.5M | 102.1M | 100.6M | 99M | 85.3M | 83.3M | 81.3M | 79.2M | 77.8M | 76.8M | 75.7M |
| Net debt | 71.6M | 61.7M | -19.3M | 63.6M | 61.1M | 49.2M | 38.4M | 40.1M | 38.6M | 31.2M | 37.2M | 43.2M |
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 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net income | -33.5M | -43M | -66.6M | -98.1M | -173.4M | -212.2M | -281.7M | -160.9M | -186.3M | -136.3M |
| Depreciation & amortization | 881K | 971K | 1.2M | 2.2M | 3.1M | 5.8M | 13.8M | 18.3M | 19M | 12.9M |
| Stock-based compensation | 3.2M | 3.6M | 6.3M | 17.4M | 30.8M | 54.4M | 78.7M | 43.5M | 41.5M | 24.9M |
| Change in working capital | 0 | 0 | -500K | 1.3M | 2.4M | -757K | -30.6M | 35.2M | -5.5M | 107K |
| Operating cash flow | -31.2M | -39M | -40.6M | -85.1M | -25.8M | -170.8M | -243.9M | -104.8M | -133M | -106.1M |
| Capital expenditure | -439K | -1.7M | -2.3M | -7.4M | -4.9M | -50.7M | -35.6M | -6.2M | -730K | — |
| Investing cash flow | -4.1M | -10.2M | -463K | -157.5M | -161.1M | -324M | 166.8M | 112.7M | 12.2M | 116.8M |
| Dividends paid | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | -193K | 0 | 0 | — | — | — | — | — | — |
| Financing cash flow | 21.2M | 47.2M | 138.1M | 147.4M | 273.2M | 411.7M | 0 | — | 79.6M | 5.5M |
| Net change in cash | -14.1M | -2M | 97.1M | -95.1M | 86.3M | -83.1M | -77.1M | 7.9M | -41.2M | 16.2M |
| Free cash flow | -30.3M | -38.5M | -41M | -90.6M | -44.2M | -213.6M | -283.8M | -138.4M | -123.6M | -112M |
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 | -45.2M | -44.1M | -48M | -38.4M | -47.7M | -52.2M | -37.6M | -34.1M | -32.3M | -32.4M | -31.2M | -30.2M |
| Depreciation & amortization | 4.7M | 4.9M | 4.8M | 4.7M | 4.6M | 4.8M | 3.3M | 3.3M | 3.2M | 3.1M | 2.9M | 2.8M |
| Stock-based compensation | 10.1M | 9.5M | 11M | 9.6M | 11.8M | 9.1M | 7.4M | 7.2M | 4.9M | 5.5M | 3.9M | 3.5M |
| Change in working capital | 925K | -660K | 556K | -624K | -3M | -2.5M | 528K | 375K | 28K | -824K | -322K | -584K |
| Operating cash flow | -31.3M | -30.2M | -30.8M | -26.4M | -34.3M | -41.6M | -26.8M | -24.6M | -24.4M | -23.3M | -30.8M | -23.4M |
| Capital expenditure | -565K | -181K | -86K | -51K | -495K | -98K | -1.2M | — | — | — | — | — |
| Investing cash flow | 24.8M | 45.4M | 17.3M | -53.4M | 25.5M | 22.8M | 42.7M | 20.8M | 23.5M | 28.6M | 23.8M | 14.6M |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | 0 | — | 75.2M | -662K | 0 | 3.1M | 0 | 0 | 2.5M | 1.7M | — | — |
| Net change in cash | -6.5M | 15.2M | 61.7M | -80.5M | -8.8M | -15.7M | 15.8M | -3.8M | 1.6M | 7M | -7M | -8.8M |
| Free cash flow | -38.8M | -36.8M | -33.4M | -32.4M | -29.9M | -27.9M | -35M | -25.9M | -26.6M | -24.5M | -31.1M | -23.5M |