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 | -$0.43 | -$0.53 | -23.3% | — | $35.6M | — |
| Q1 26 | -$0.68 | -$0.52 | +23.5% | — | $30.5M | — |
| Q4 25 | -$1.03 | -$0.93 | +9.7% | — | $55M | — |
| Q3 25 | -$1.63 | -$1.02 | +37.4% | — | $46.7M | — |
| Q2 25 | -$1.38 | -$1.75 | -26.8% | — | $37.4M | — |
| Q1 25 | -$1.35 | -$1.44 | -6.7% | — | $19M | — |
| Q4 24 | -$1.6 | -$1.99 | -24.4% | — | $49.3M | — |
| Q3 24 | -$2.27 | -$1.94 | +14.5% | — | $23.7M | — |
| Q2 24 | -$2.12 | -$2.1 | +0.9% | — | $22.4M | — |
| Q1 24 | -$2.15 | -$1.25 | +41.9% | — | $16.7M | — |
| Q4 23 | -$2.51 | -$2.35 | +6.4% | — | $22.5M | — |
| Q3 23 | -$2.27 | -$2.81 | -23.8% | — | $25.5M | — |
| Q2 23 | -$2.21 | -$2.7 | -22.2% | — | $38.3M | — |
| Q1 23 | -$2.11 | -$1.5 | +28.9% | — | $37.1M | — |
| Q4 22 | -$1.96 | -$3.3 | -68.4% | — | $39.2M | — |
| Q3 22 | -$1.85 | -$2.4 | -29.7% | — | $43.1M | — |
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 | — | -$7.42 | — | — | $158.2M | — |
| FY24 | — | -$7.83 | — | — | $112.1M | — |
| FY23 | — | -$7.92 | — | — | $123.4M | — |
| FY22 | — | -$11.4 | — | — | $130.5M |
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 | $108.3M | $95.7M | $89.4M | $60.8M | $70.9M | $69.6M | $130.5M | $123.4M | $112.1M | $158.2M |
| YoY change | -33.6% | -11.6% | -6.51% | -32.1% | +16.7% | -1.81% | +87.5% | -5.43% | -9.13% | +41% |
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 | 108.3M | 95.7M | 89.4M | 60.8M | 70.9M | 69.6M | 130.5M | 123.4M | 112.1M | 158.2M |
| Cost of revenue | 108.6M | 92.9M | 86.3M | 82M | 78.6M | 85.2M | 160.1M | 133.9M | 148.1M | 184.6M |
| Gross profit | -357K | 2.7M | 3.1M | -21.3M | -7.7M | -15.6M | -29.6M | -10.5M | -35.9M | -26.4M |
| Gross margin | -0.33% | 2.86% | 3.46% | -35% | -10.9% | -22.5% | -22.7% | -8.54% | -32% | -16.7% |
| Research & development | 20.8M | 20.4M | 22.8M | 13.8M | 4.8M | 11.3M | 34.5M | 61M | 55.4M | 34.1M |
| Selling, general & administrative | 25.1M | 25.9M | 24.9M | 31.9M | 26.6M | 37.9M | 79.6M | 64.5M | 64.6M | 60.7M |
| Operating expenses | 46M | 46.3M | 47.7M | 45.7M | 31.4M | 49.3M | 114.1M | 125.5M | 120M | 94.8M |
| Operating income | -46.4M | -43.6M | -44.6M | -66.9M | -39.2M | -64.9M | -143.7M | -136.1M | -155.9M | -121.2M |
| Operating margin | -42.8% | -45.6% | -49.9% | -110.2% | -55.3% | -93.3% | -110.1% | -110.3% | -139.1% | -76.6% |
| Non-operating income, net | 622K | -1.1M | 3.3M | 93K | -34.6M | -28.8M | 319K | 20.1M | -4.9M | -67.9M |
| Pretax income | -50.7M | -53.9M | -50.3M | -77.5M | -89.1M | -101M | -146.4M | -107.5M | -156.8M | -191.2M |
| Income tax | 519K | 44K | -3M | 109K | 46K | 2K | 819K | 581K | 25K | 137K |
| Net income | -51.2M | -53.9M | -47.3M | -77.6M | -89.1M | -101M | -147.2M | -108.1M | -156.8M | -191.4M |
| Net margin | -47.3% | -56.3% | -52.9% | -127.7% | -125.7% | -145.2% | -112.8% | -87.6% | -139.8% | -121% |
| EBITDA | -40.8M | -34.8M | -32.6M | -54.5M | -19.1M | -45.7M | -118.7M | -90.2M | -108.3M | -69.3M |
| EPS | -655.2 | -410.4 | -270 | -54.6 | -12.6 | -9.3 | -11.4 | -7.92 | -7.83 | -7.42 |
| Diluted EPS | -655.2 | -410.4 | -270 | -54.6 | -12.6 | -9.3 | -11.4 | -7.92 | -7.83 | -7.42 |
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 | Q3 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 22.5M | 16.7M | 22.4M | 23.7M | 49.3M | 19M | 37.4M | 46.7M | 55M | 30.5M | 35.6M | 33M |
| Cost of revenue | 23.9M | 28.4M | 29.5M | 29.9M | 60.2M | 24.2M | 46.8M | 51.9M | 61.6M | 36.4M | 48.5M | 57.5M |
| Gross profit | -1.5M | -11.7M | -7.1M | -6.2M | -10.9M | -5.2M | -9.4M | -5.1M | -6.6M | -5.9M | -12.9M | -24.5M |
| Gross margin | -6.52% | -70.2% | -31.6% | -26.2% | -22.1% | -27.4% | -25.2% | -11% | -12.1% | -19.2% | -36.3% | -74.2% |
| Research & development | 18M | 14.4M | 16.6M | 12.8M | 11.6M | 11.1M | 9.9M | 7.6M | 5.5M | 7M | 7.7M | 8.5M |
| Selling, general & administrative | 16.9M | 16.4M | 17.7M | 14.6M | 15.9M | 15M | 16.5M | 14.1M | 15.2M | 13.5M | 14.7M | 13.6M |
| Operating expenses | 34.9M | 30.8M | 34.3M | 27.4M | 27.6M | 26.1M | 26.4M | 21.7M | 20.6M | 20.4M | 22.4M | 22.2M |
| Operating income | -36.4M | -42.5M | -41.4M | -33.6M | -38.5M | -31.3M | -35.8M | -26.8M | -27.3M | -26.3M | -35.3M | -46.7M |
| Operating margin | -161.9% | -254.5% | -184.5% | -141.9% | -78% | -164.8% | -95.7% | -57.4% | -49.6% | -86.1% | -99.3% | -141.4% |
| Non-operating income, net | 4.5M | -3.6M | 2.6M | -2.2M | -1.6M | -852K | -1.1M | -64.6M | -1.3M | 470K | -42M | 707K |
| Pretax income | -29.5M | -44.4M | -37.7M | -35.1M | -39.6M | -32.4M | -37.7M | -91.9M | -29.3M | -26.1M | -77.7M | -45.3M |
| Income tax | 0 | 0 | 0 | 2K | 23K | 0 | 84K | 40K | 13K | 0 | -50K | 0 |
| Net income | -29.5M | -44.4M | -37.7M | -35.1M | -39.6M | -32.4M | -37.7M | -91.9M | -29.3M | -26.1M | -77.6M | -45.3M |
| Net margin | -131.1% | -266% | -168% | -148.2% | -80.3% | -170.5% | -100.9% | -196.6% | -53.3% | -85.3% | -218.1% | -137.2% |
| EBITDA | -20.4M | -33.5M | -25.8M | -23.3M | -25.7M | -18.3M | -24.2M | -11M | -15.8M | -12.8M | -21.4M | -33M |
| EPS | -2.1 | -1.5 | -2.1 | -2.1 | -2.21 | -1.42 | -1.79 | -3.78 | -0.85 | -0.49 | -1.45 | -0.64 |
| Diluted EPS | -2.1 | -1.5 | -2.1 | -2.1 | -2.21 | -1.42 | -1.79 | -3.78 | -0.85 | -0.49 | -1.45 | -0.64 |
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 | — | — | — | — | — | — | — | 457.5M | — | — | 1.3B |
| Enterprise value | — | — | — | — | — | — | — | 243.1M | — | — | 894.2M |
| Shares outstanding | 82.7K | 138.7K | 229.9K | 1.8M | 7.4M | 11.2M | 12.8M | 14M | 16.5M | 25.7M | 25.7M |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | — | — | — | — | -2.18 |
| P/S | — | — | — | — | — | — | — | 3.71 | — | — | 8.28 |
| P/B | — | — | — | — | — | — | — | 0.6 | — | — | 1.31 |
| EV/EBITDA | — | — | — | — | — | — | — | -2.69 | — | — | -9.41 |
| EV/Sales | — | — | — | — | — | — | — | 1.97 | — | — | 5.8 |
| Earnings yield | — | — | — | — | — | — | — | — | — | — | -45.9% |
| FCF yield | — | — | — | — | — | — | — | -50.8% | — | — | -0.94% |
| PEG | — | — | — | — | — | — | — | — | — | — | 0.03 |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross margin | -0.33% | 2.86% | 3.46% | -35% | -10.9% | -22.5% | -22.7% | -8.54% | -32% | -16.7% | -74.2% |
| Operating margin | -42.8% | -45.6% | -49.9% | -110.2% | -55.3% | -93.3% | -110.1% | -110.3% | -139.1% | -76.6% | -141.4% |
| Net margin | -47.3% | -56.3% | -52.9% | -127.7% | -125.7% | -145.2% | -112.8% | -87.6% | -139.8% | -121% | -113.6% |
| ROE | -29.4% | -28.5% | -26.8% | -57.2% | -35% | -14.3% | -19.5% | -14.2% | -21.6% | -26.2% | -21.4% |
| ROA | -15% | -14% | -13.9% | -23.3% | -17% | -11.5% | -15.7% | -11.3% | -16.6% | -20.5% | -7.91% |
| ROIC | -26.3% | -18.8% | -19.7% | -28.1% | -13.6% | -17.5% | -35.9% | -24.9% | -24.9% | -20.3% | -24.1% |
| Return on tangible assets | -16.3% | -15.1% | -15.1% | -27.4% | -18.7% | -12.2% | -16.4% | -11.8% | -17.3% | -20.7% | -13.7% |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current ratio | 3.89 | 2.07 | 2.17 | 1.34 | 3.97 | 10.3 | 6.76 | 7.23 | 6.01 | 6.63 | 8.67 |
| Quick ratio | 2.47 | 1.32 | 1.28 | 0.48 | 3.11 | 9.03 | 5.7 | 5.95 | 4.48 | 5.36 | 7.77 |
| Debt / equity | 0.49 | 0.49 | 0.5 | 0.83 | 0.72 | 0.14 | 0.14 | 0.18 | 0.22 | 0.2 | 0.16 |
| Debt / assets | 0.25 | 0.24 | 0.26 | 0.34 | 0.35 | 0.11 | 0.11 | 0.15 | 0.17 | 0.15 | 0.14 |
| Net debt / EBITDA | -0.04 | -1.23 | -1.53 | -1.88 | -1.72 | 7.31 | 2.98 | 2.38 | 0.93 | 1.93 | 5.79 |
| Interest coverage | -9.22 | -4.87 | -4.56 | -6.29 | -4.82 | -12.7 | -21.9 | -13.8 | -15.2 | -17.4 | -14.9 |
| 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 | 1.3K | 690 | 389.1 | 33.1 | 9.58 | 6.24 | 10.2 | 8.82 | 6.79 | 6.14 | 2.95 |
| EPS (basic) | -655.2 | -410.4 | -270 | -54.6 | -12.6 | -9.3 | -11.4 | -7.92 | -7.83 | -7.42 | -7.42 |
| EPS (diluted) | -655.2 | -410.4 | -270 | -54.6 | -12.6 | -9.3 | -11.4 | -7.92 | -7.83 | -7.42 | -2.76 |
| Book value per share | 2.1K | 1.4K | 769.7 | 73.9 | 34.4 | 63.2 | 59.1 | 54.3 | 44.1 | 28.4 | 12.2 |
| FCF per share | -656.8 | -749.5 | -152 | -35.1 | -9.28 | -12.9 | -12.4 | -16.6 | -12.9 | -5.74 | -1.61 |
| Cash per share | 1K | 355.5 | 170.9 | 5.14 | 20.3 | 38.7 | 35.9 | 25.3 | 15.6 | 10.8 | 8.23 |
| Capex per share | — | — | — | — | — | — | — | — | — | 0.88 | 0.24 |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Capex / revenue | — | — | — | — | — | — | — | — | — | 14.3% | 11% |
| Capex / operating cash flow | — | — | — | — | — | — | — | — | — | -18% | -17.6% |
| Payout ratio | -8.14% | -7.71% | -8.83% | -2.37% | -7.27% | -3.17% | -2.17% | -2.96% | -2.04% | -1.67% | 0% |
| Dividend yield | — | — | — | — | — | — | — | 0.7% | — | — | — |
Split-adjusted payout per share by ex-dividend date.
| Ex-dividend | Amount |
|---|---|
| Feb 17, 1999 | $172627.20 |
| Date | Ratio |
|---|---|
| Nov 11, 2024 | 1:30 |
| May 9, 2019 | 1:12 |
| Dec 4, 2015 | 1:12 |
| Jun 20, 2001 | 2:1 |
| Sep 14, 2000 | 2:1 |
| Nov 17, 1999 | 3:2 |
| — |
| FY21 | — | -$9.3 | — | — | $69.6M | — |
| FY20 | — | -$12.6 | — | — | $70.9M | — |
| FY19 | — | -$54.6 | — | — | $60.8M | — |
| FY18 | — | -$270 | — | — | $89.4M | — |
| FY17 | — | -$410.4 | — | — | $95.7M | — |
| FY16 | — | -$655.2 | — | — | $108.3M | — |
| Period | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 | Q3 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $22.5M | $16.7M | $22.4M | $23.7M | $49.3M | $19M | $37.4M | $46.7M | $55M | $30.5M | $35.6M | $33M |
| YoY change | -42.7% | -55% | -41.5% | -7.11% | +119.6% | +13.8% | +66.8% | +97.3% | +11.5% | +60.7% | -4.86% | -29.4% |
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 | 84.2M | 49.3M | 39.3M | 9.4M | 149.9M | 432.2M | 458.1M | 353.7M | 257.3M | 278.1M |
| Receivables | 7.9M | 43M | 9.3M | 3.3M | 9.6M | 14.7M | 4.9M | 3.8M | 11.8M | 4M |
| Inventory | 73.8M | 74.5M | 53.6M | 54.5M | 51M | 67.1M | 90.9M | 84.5M | 113.7M | 86.2M |
| Total current assets | 202.2M | 203.5M | 130.3M | 84.3M | 234M | 543.4M | 580.3M | 476.3M | 444.5M | 449.8M |
| Property, plant & equipment | 74.5M | 107.2M | 128.1M | 164.9M | 187.8M | 249.9M | 277M | 334.7M | 354.4M | 300.7M |
| Goodwill & intangibles | 27.3M | 27.3M | 27.3M | 50.7M | 48.1M | 45.5M | 42.9M | 40.3M | 37.7M | 7.8M |
| Total assets | 340.7M | 383.8M | 340.4M | 333.4M | 523.5M | 875.2M | 939.7M | 955.5M | 944.1M | 932.1M |
| Accounts payable | 18.5M | 42.6M | 22.6M | 16.9M | 9.6M | 19.3M | 28.2M | 26.5M | 22.6M | 17M |
| Short-term debt | 5M | 28.3M | 17.6M | 21.9M | 22.3M | 11.1M | 13.8M | 10.7M | 16.7M | 16.8M |
| Total current liabilities | 52M | 98.1M | 60.1M | 62.7M | 58.9M | 52.8M | 85.8M | 65.9M | 73.9M | 67.8M |
| Long-term debt | 80.9M | 63.8M | 71.6M | 90.1M | 160.5M | 86.7M | 90.4M | 128.6M | 139.7M | 127.2M |
| Total liabilities | 166.5M | 195M | 163.5M | 197.9M | 269.1M | 169.9M | 185.3M | 195.2M | 216.7M | 201M |
| Shareholders' equity | 174.3M | 188.8M | 176.9M | 135.6M | 254.4M | 705.3M | 754.4M | 760.3M | 727.5M | 731.1M |
| Total debt | 85.9M | 92M | 89.2M | 112.1M | 182.8M | 97.8M | 104.3M | 139.2M | 156.5M | 144M |
| Net debt | 1.7M | 42.7M | 49.9M | 102.6M | 32.9M | -334.4M | -353.8M | -110.7M | 8.3M | -134.1M |
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 | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 | Q3 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 353.7M | 297.5M | 260.1M | 267.2M | 257.3M | 208.4M | 177M | 174.7M | 278.1M | 311.8M | 373.2M | 658.1M |
| Receivables | 3.8M | 3.3M | 7.2M | 11.2M | 11.8M | 9.2M | 10M | 9.9M | 4M | 6.2M | 7.7M | 7.2M |
| Inventory | 84.5M | 102.9M | 113.9M | 129.3M | 113.7M | 125.8M | 123.5M | 104.6M | 86.2M | 90.3M | 88.4M | 86.4M |
| Total current assets | 476.3M | 445.2M | 425.8M | 460M | 444.5M | 411.2M | 384.5M | 370.4M | 449.8M | 494.8M | 543.9M | 833.3M |
| Property, plant & equipment | 334.7M | 366.9M | 376.2M | 378.1M | 354.4M | 379.9M | 374M | 333.2M | 300.7M | 317.8M | 273.9M | 272M |
| Goodwill & intangibles | 40.3M | 39.7M | 39M | 38.4M | 37.7M | 37.1M | 36.4M | 8.4M | 7.8M | 7.2M | 6.4M | 5.8M |
| Total assets | 955.5M | 923.2M | 916.8M | 948.9M | 944.1M | 907.5M | 883.8M | 830.5M | 932.1M | 978.5M | 1B | 1.3B |
| Accounts payable | 26.5M | 17.1M | 21.6M | 16.9M | 22.6M | 18.4M | 22.6M | 16.4M | 17M | 14.5M | 16.5M | 16.3M |
| Short-term debt | 10.7M | 10.9M | 12.5M | 13M | 16.7M | 17.7M | 17.9M | 17.5M | 16.8M | 18.8M | 18.4M | 19.8M |
| Total current liabilities | 65.9M | 53.9M | 65M | 66.5M | 73.9M | 64.9M | 68.4M | 69M | 67.8M | 62.1M | 63.3M | 96.1M |
| Long-term debt | 128.6M | 126.6M | 138.9M | 135.4M | 139.7M | 134.5M | 132.5M | 131M | 127.2M | 143.8M | 141.3M | 158.3M |
| Total liabilities | 195.2M | 181.2M | 204.9M | 203.9M | 216.7M | 202.4M | 205M | 205.5M | 201M | 214.5M | 215M | 268.4M |
| Shareholders' equity | 760.3M | 742M | 712M | 745M | 727.5M | 705.1M | 678.8M | 625.1M | 731.1M | 764M | 788.4M | 1B |
| Total debt | 139.2M | 137.5M | 151.4M | 148.4M | 156.5M | 152.2M | 150.4M | 148.5M | 144M | 162.6M | 159.7M | 178.1M |
| Net debt | -110.7M | -160M | -7.4M | -10.9M | 8.3M | 54.1M | 34.4M | -26.1M | -134.1M | -149.2M | -213.5M | -480M |
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 | -51.2M | -53.9M | -47.3M | -77.6M | -89.1M | -101M | -147.2M | -108.1M | -156.8M | -191.4M |
| Depreciation & amortization | 4.9M | 8.5M | 8.6M | 12.4M | 19.4M | 19.9M | 21.3M | 25.4M | 36.2M | 40.4M |
| Stock-based compensation | 3.4M | 4.6M | 3.2M | 2.8M | 1.9M | 4.3M | 6.8M | 12M | 11.8M | 11.1M |
| Change in working capital | -8.3M | -35.8M | 59.6M | 1.9M | -20.6M | -32.3M | -26.1M | -48.5M | -62.5M | -49.7M |
| Operating cash flow | -47.5M | -70.2M | 27.7M | -53.9M | -80.3M | -102.4M | -138.4M | -115.3M | -168.8M | -125.3M |
| Capital expenditure | — | — | — | — | — | — | — | — | — | -22.5M |
| Investing cash flow | -33.7M | 1.3M | -41.2M | -35.5M | -611K | -66.9M | 0 | -100M | -496K | 88.9M |
| Dividends paid | -4.2M | -4.2M | -4.2M | -1.8M | -6.5M | -3.2M | -3.2M | -3.2M | -3.2M | -3.2M |
| Share repurchases | — | — | — | 0 | 0 | -21.5M | 0 | 0 | — | — |
| Financing cash flow | 120.7M | 72.3M | 27.7M | 59.6M | 221.7M | 411.9M | 180.5M | 151M | 122M | 169.2M |
| Net change in cash | 39.4M | 3.3M | 14.2M | -29.8M | 140.8M | 242.6M | 42.2M | -64.3M | -47.3M | 132.8M |
| Free cash flow | -54.3M | -103.9M | -34.9M | -64.4M | -68.7M | -143.7M | -158.8M | -232.6M | -212.5M | -147.8M |
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 | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 | Q3 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income | -29.5M | -44.4M | -37.7M | -35.1M | -39.6M | -32.4M | -37.7M | -91.9M | -29.3M | -26.1M | -77.6M | -45.3M |
| Depreciation & amortization | 6.7M | 8.6M | 9.6M | 9.2M | 8.8M | 9.9M | 10.9M | 9.7M | 9.8M | 10.5M | 10.8M | 9.4M |
| Stock-based compensation | 3M | 2.9M | 3M | 3.4M | 2.5M | 2.1M | 4.8M | 1.7M | 2.4M | 2.4M | 2.6M | 2.5M |
| Change in working capital | 10.4M | -27.5M | -15M | -47.6M | 27.5M | -16.7M | -12.8M | -14.4M | -5.8M | -11.2M | -11.3M | 6.1M |
| Operating cash flow | -8.5M | -59.7M | -39.7M | -69.2M | -169K | -36.3M | -34.2M | -26.8M | -22.9M | -33.9M | -27.3M | -12.2M |
| Capital expenditure | — | — | — | — | — | — | — | -8.9M | -1.1M | -3M | -5.7M | -7.2M |
| Investing cash flow | -25M | 105M | -100.4M | 25.4M | -30.5M | 15K | 50.5M | 52.1M | -1.1M | -3M | -5.7M | -7.2M |
| Dividends paid | -800K | -800K | -800K | -800K | -800K | -800K | -800K | -800K | -800K | -800K | -800K | -800K |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | 32.9M | 20.6M | 1.6M | 61.1M | 25.8M | 4.8M | 3M | 32.7M | 128.7M | 74.8M | 94.3M | 315.8M |
| Net change in cash | -685K | 65.8M | -138.5M | 17.3M | -4.8M | -31.5M | 19.3M | 57.9M | 104.7M | 37.9M | 61.3M | 296.4M |
| Free cash flow | -44.7M | -76.4M | -51M | -80.3M | -4.8M | -53.1M | -35.1M | -35.7M | -24M | -36.9M | -33M | -19.4M |