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 | -$0.41 | -$0.76 | -85.4% | — | — | — |
| Q2 26 | -$0.42 | -$0.67 | -59.5% | — | — | — |
| Q1 26 | -$0.22 | -$0.17 | +22.7% | — | — | — |
| Q4 25 | -$0.53 | -$0.36 | +32.1% | — | — | — |
| Q3 25 | -$0.72 | -$0.86 | -19.4% | — | — | — |
| Q2 25 | -$0.76 | -$0.84 | -10.5% | — | — | — |
| Q1 25 | -$0.84 | -$0.8 | +4.8% | — | $20.8M | — |
| Q3 24 | -$0.86 | -$1 | -16.3% | — | $10.1M | — |
| Q2 24 | -$0.87 | -$0.9 | -3.4% | — | $11.4M | — |
| Q1 24 | -$0.86 | -$0.9 | -4.7% | — | $12.6M | — |
| Q4 23 | -$0.74 | -$0.8 | -8.1% | — | $23.2M | — |
| Q3 23 | -$0.67 | -$0.8 | -19.4% | — | $30.5M | — |
| Q2 23 | -$0.46 | -$0.6 | -30.4% | — | $32.4M | — |
| Q1 23 | -$0.91 | -$0.7 | +23.1% | — | $40.9M | — |
| Q4 22 | -$1.14 | -$1.1 | +3.5% | — | $26.2M | — |
| Q3 22 | -$1.74 | -$1.7 | +2.3% | — | $16.6M | — |
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 | — | -$5.49 | — | — | $99.7M | — |
| FY24 | — | -$3.83 | — | — | $47.4M | — |
| FY23 | — | -$0.44 | — | — | $127M | — |
| FY22 | — | -$0.98 | — | — | $123.1M | — |
| FY21 | — | -$1.24 |
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 | $53.1M | $187.4M | $270.5M | $123.1M | $127M | $47.4M | $99.7M |
| YoY change | — | +252.7% | +44.4% | -54.5% | +3.2% | -62.7% | +110.5% |
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 | 53.1M | 187.4M | 270.5M | 123.1M | 127M | 47.4M | 99.7M |
| Cost of revenue | 55.1M | 183.7M | 303.1M | 150.3M | 118.7M | 59.9M | 100.6M |
| Gross profit | -2M | 3.6M | -32.5M | -27.2M | 8.3M | -12.6M | -880K |
| Gross margin | -3.67% | 1.94% | -12% | -22.1% | 6.54% | -26.6% | -0.88% |
| Research & development | 4M | 5.2M | 11.5M | 9.9M | 7.2M | 5.9M | 4.4M |
| Selling, general & administrative | 6.5M | 15.3M | 82.7M | 62.4M | 51.9M | 34.3M | 30.2M |
| Operating expenses | 10.4M | 20.6M | 94.3M | 72.3M | 59.1M | 40.2M | 34.5M |
| Operating income | -12.4M | -16.9M | -126.8M | -99.6M | -50.8M | -52.8M | -35.4M |
| Operating margin | -23.3% | -9.03% | -46.9% | -80.9% | -40% | -111.6% | -35.5% |
| Non-operating income, net | -709K | 1.3M | 21.2M | 1.4M | 402K | 4.8M | -35.4M |
| Pretax income | -13.5M | -16M | -106.4M | -99.2M | -50.6M | -48.4M | -79.1M |
| Income tax | -39K | -83K | 169K | 435K | -338K | 230K | 525K |
| Net income | -13.5M | -15.9M | -106.6M | -99.6M | -50.3M | -48.6M | -79.6M |
| Net margin | -25.4% | -8.5% | -39.4% | -80.9% | -39.6% | -102.6% | -79.8% |
| EBITDA | -12M | -16.9M | -127M | -99M | -50.3M | -51.8M | -32.4M |
| EPS | -0.2 | -0.23 | -1.24 | -0.98 | -0.44 | -3.83 | -5.49 |
| Diluted EPS | -0.2 | -0.23 | -1.24 | -0.98 | -0.44 | -3.83 | -5.49 |
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 | 30.5M | 23.2M | 12.6M | 11.4M | 10.1M | 13.2M | 20.8M | 20M | 26M | 32.9M | 17.3M | 26.2M |
| Cost of revenue | 27.2M | 22.5M | 14.7M | 13.8M | 14.4M | 17M | 24.3M | 23.9M | 24.4M | 28M | 18.5M | 28.4M |
| Gross profit | 3.4M | 692K | -2.1M | -2.3M | -4.3M | -3.8M | -3.4M | -3.9M | 1.6M | 4.9M | -1.2M | -2.2M |
| Gross margin | 11.1% | 2.98% | -16.7% | -20.5% | -42.5% | -29.1% | -16.6% | -19.6% | 6.12% | 14.9% | -7.11% | -8.54% |
| Research & development | 1.9M | 1.4M | 1.4M | 1.5M | 1.5M | 1.5M | 924K | 1.1M | 1.2M | 1.1M | 1.1M | 1.2M |
| Selling, general & administrative | 17.7M | 11M | 9M | 8M | 9.2M | 8.1M | 6.2M | 6.5M | 8.1M | 9.4M | 9.7M | 10.3M |
| Operating expenses | 19.7M | 12.4M | 10.4M | 9.6M | 10.7M | 9.6M | 7.1M | 7.6M | 9.3M | 10.6M | 10.8M | 11.5M |
| Operating income | -16.3M | -11.7M | -12.5M | -11.9M | -15M | -13.4M | -10.6M | -11.5M | -7.7M | -5.7M | -12.1M | -13.7M |
| Operating margin | -53.3% | -50.6% | -99.3% | -104.3% | -147.8% | -101.7% | -50.8% | -57.5% | -29.6% | -17.2% | -69.8% | -52.5% |
| Non-operating income, net | -386K | 105K | 3.9M | -253K | -163K | 1.3M | 7.7M | -3.2M | -14.2M | -25.8M | 48.7M | -8.9M |
| Pretax income | -16.8M | -11.7M | -8.8M | -12.2M | -15.1M | -12.3M | -3.6M | -15.4M | -23.9M | -36.2M | 32.8M | -26.9M |
| Income tax | 166K | -513K | -11K | 65K | 244K | -68K | 254K | 39K | 44K | 188K | 195K | 217K |
| Net income | -16.9M | -11.2M | -8.8M | -12.2M | -15.4M | -12.2M | -3.8M | -15.4M | -23.9M | -36.4M | 32.6M | -27.1M |
| Net margin | -55.4% | -48.2% | -69.7% | -107.1% | -151.5% | -92.7% | -18.4% | -77.2% | -92% | -110.7% | 188.8% | -103.7% |
| EBITDA | -15.9M | -11.7M | -12.3M | -11.5M | -14.6M | -9.5M | -10.4M | -11.6M | -5.5M | -5M | -11.7M | -13.3M |
| EPS | -0.14 | — | -0.7 | -1 | -1.2 | -0.96 | -0.3 | -1.18 | -1.61 | -2.23 | 2.09 | -1.69 |
| Diluted EPS | -0.14 | — | -0.7 | -1 | -1.2 | -0.96 | -0.58 | -1.18 | -1.61 | -2.23 | -0.72 | -1.69 |
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 | — | — | — | — | — | — | — | 39.3M |
| Enterprise value | — | — | — | — | — | — | — | 58M |
| Shares outstanding | 68.8M | 68.8M | 86M | 101.4M | 115.5M | 12.7M | 14M | 14M |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | — | -0.43 |
| P/S | — | — | — | — | — | — | — | 0.39 |
| P/B | — | — | — | — | — | — | — | -1.25 |
| EV/EBITDA | — | — | — | — | — | — | — | -1.58 |
| EV/Sales | — | — | — | — | — | — | — | 0.57 |
| Earnings yield | — | — | — | — | — | — | — | -231.6% |
| FCF yield | — | — | — | — | — | — | — | -36.3% |
| PEG | — | — | — | — | — | — | — | -0.01 |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Gross margin | -3.67% | 1.94% | -12% | -22.1% | 6.54% | -26.6% | -0.88% | -8.54% |
| Operating margin | -23.3% | -9.03% | -46.9% | -80.9% | -40% | -111.6% | -35.5% | -47.4% |
| Net margin | -25.4% | -8.5% | -39.4% | -80.9% | -39.6% | -102.6% | -79.8% | -53.6% |
| ROE | 159.8% | -213.7% | -74.6% | -149.9% | -80.5% | -255.3% | 185.2% | 185.2% |
| ROA | -39.9% | -22.3% | -43.9% | -74.1% | -40.9% | -54% | -71.2% | -26.2% |
| ROIC | 157.9% | 74.3% | -298.6% | -427.9% | -129.9% | -286.8% | 87.5% | 242.4% |
| Return on tangible assets | -40% | -22.3% | -43.9% | -85.1% | -46.9% | -64.3% | -82.1% | -66.3% |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Current ratio | 0.91 | 1.1 | 2.53 | 1.97 | 1.98 | 1.55 | 1.43 | 0.91 |
| Quick ratio | 0.77 | 1.07 | 2.43 | 1.72 | 1.91 | 1.34 | 1.29 | 0.8 |
| Debt / equity | -0.93 | 0.29 | 0.01 | 0.02 | 0.03 | 0.56 | -0.55 | -0.01 |
| Debt / assets | 0.23 | 0.03 | 0.01 | 0.01 | 0.02 | 0.12 | 0.21 | 0.25 |
| Net debt / EBITDA | -0.05 | 1.79 | 0.79 | 0.44 | 0.46 | 0.01 | -0.08 | -0.4 |
| Interest coverage | -28.8 | -43 | -129.7 | -100.4 | -199.1 | -150.6 | -8.63 | -2.62 |
| Effective tax rate | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Revenue per share | 0.77 | 2.72 | 3.14 | 1.21 | 1.1 | 3.74 | 7.11 | 6.63 |
| EPS (basic) | -0.2 | -0.23 | -1.24 | -0.98 | -0.44 | -3.83 | -5.49 | -5.49 |
| EPS (diluted) | -0.2 | -0.23 | -1.24 | -0.98 | -0.44 | -3.83 | -5.49 | -5.71 |
| Book value per share | -0.12 | 0.11 | 1.66 | 0.66 | 0.54 | 1.5 | -3.07 | -1.84 |
| FCF per share | -0 | 0.01 | -1.56 | -0.55 | -0.46 | -2.87 | -2.47 | -1.78 |
| Cash per share | 0.1 | 0.47 | 1.19 | 0.44 | 0.22 | 0.89 | 1.51 | 0.61 |
| Capex per share | 0 | 0 | 0.01 | 0.01 | 0.01 | 0.06 | — | — |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Capex / revenue | 0.03% | 0.14% | 0.38% | 0.73% | 0.64% | 1.57% | — | — |
| Capex / operating cash flow | -0.53% | -2.51% | -0.71% | -2.32% | -1.14% | -3.8% | — | — |
| Payout ratio | — | — | — | — | — | — | — | 0% |
| — |
| — |
| $270.5M |
| — |
| FY20 | — | -$0.23 | — | — | $187.4M | — |
| FY19 | — | -$0.2 | — | — | $53.1M | — |
| Q1 24 |
|---|
| Q2 24 |
|---|
| Q3 24 |
|---|
| Q4 24 |
|---|
| Q1 25 |
|---|
| Q2 25 |
|---|
| Q3 25 |
|---|
| Q4 25 |
|---|
| Q1 26 |
|---|
| Q2 26 |
|---|
| Revenue | $30.5M | $23.2M | $12.6M | $11.4M | $10.1M | $13.2M | $20.8M | $20M | $26M | $32.9M | $17.3M | $26.2M |
| YoY change | +84.3% | -11.5% | -69.2% | -64.7% | -66.8% | -43.1% | +65.3% | +74.9% | +156.8% | +148.9% | -17% | +30.8% |
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 | 7.2M | 32.4M | 102.2M | 44.4M | 25.2M | 11.2M | 21.1M |
| Receivables | 14M | 23.7M | 38.6M | 35.4M | 46.2M | 22.4M | 22.7M |
| Inventory | 4.5M | 1.7M | 8.9M | 14.9M | 3.9M | 10.1M | 9.6M |
| Total current assets | 30.6M | 65.7M | 235.8M | 118.7M | 108.5M | 76.1M | 97.8M |
| Property, plant & equipment | — | 882K | 3.3M | 2.9M | 3.6M | 3.4M | 4.8M |
| Goodwill & intangibles | 66K | 0 | 0 | 17.3M | 15.8M | 14.3M | 14.9M |
| Total assets | 33.8M | 71.4M | 243M | 134.4M | 123.1M | 89.9M | 111.8M |
| Accounts payable | 8.2M | 17.1M | 39.3M | 15.8M | 8M | 13M | 13.2M |
| Short-term debt | — | 1M | 452K | 417K | 740K | 755K | 13.1M |
| Total current liabilities | 33.7M | 59.8M | 93.2M | 60.3M | 54.7M | 49.1M | 68.2M |
| Long-term debt | 7.8M | 1.1M | 1.3M | 786K | 1.1M | 9.9M | 10.5M |
| Total liabilities | 42.3M | 63.9M | 100.2M | 67.9M | 60.6M | 70.9M | 154.8M |
| Shareholders' equity | -8.4M | 7.5M | 142.9M | 66.5M | 62.5M | 19M | -43M |
| Total debt | 7.8M | 2.1M | 1.8M | 1.2M | 1.9M | 10.6M | 23.6M |
| Net debt | 612K | -30.2M | -100.4M | -43.2M | -23.4M | -615K | 2.5M |
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 | — | — | — | — | — | 11.2M | 5.9M | 3.5M | 24.4M | 21.1M | 5.6M | 10.1M |
| Receivables | — | — | — | — | — | 22.4M | 24M | 23.2M | 19.8M | 22.7M | 25.1M | 13.2M |
| Inventory | — | — | — | — | — | 10.1M | 6.8M | 7.3M | 7.7M | 9.6M | 9.4M | 10M |
| Total current assets | — | — | — | — | — | 76.1M | 71.1M | 70.3M | 96.6M | 97.8M | 83.8M | 83.3M |
| Property, plant & equipment | — | — | — | — | — | 3.4M | 2.9M | 2.9M | 3.3M | 4.8M | 4.6M | 5.3M |
| Goodwill & intangibles | 657K | 542K | 399K | 264K | 137K | 14.3M | 14.3M | 14.5M | 14.6M | 14.9M | 15.1M | 15.3M |
| Total assets | — | — | — | — | — | 89.9M | 84.1M | 83M | 111.5M | 111.8M | 97.8M | 98.1M |
| Accounts payable | — | — | — | — | — | 13M | 14.6M | 17.9M | 16.3M | 13.2M | 11.6M | 11.4M |
| Short-term debt | — | — | — | — | — | 755K | 623K | 493K | 424K | 13.1M | 10.1M | 23.2M |
| Total current liabilities | — | — | — | — | — | 49.1M | 50.9M | 60.6M | 58.1M | 68.2M | 63.4M | 91.2M |
| Long-term debt | — | — | — | — | — | 9.9M | 10.5M | 11.3M | 17.2M | 10.5M | 13.3M | 1.1M |
| Total liabilities | — | — | — | — | — | 70.9M | 68.5M | 73.9M | 125.3M | 154.8M | 104M | 128.4M |
| Shareholders' equity | — | — | — | — | — | 19M | 15.5M | 9M | -13.7M | -43M | -6.1M | -30.3M |
| Total debt | — | — | — | — | — | 10.6M | 11.1M | 11.8M | 17.7M | 23.6M | 23.4M | 24.3M |
| Net debt | — | — | — | — | — | -615K | 5.2M | 8.3M | -6.7M | 2.5M | 17.8M | 14.2M |
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 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|
| Net income | -13.5M | -15.9M | -106.6M | -99.6M | -50.3M | -48.6M | -79.6M |
| Depreciation & amortization | 412K | 47K | 232K | 900K | 1.4M | 1.7M | 1.3M |
| Stock-based compensation | 906K | 1.8M | 61.8M | 20.3M | 8.3M | 5.4M | 5M |
| Change in working capital | 9M | 5.1M | -99M | 34.8M | -31.6M | 20.7M | -13M |
| Operating cash flow | -3.4M | -10.2M | -144M | -38.7M | -71.3M | -19.6M | -33.4M |
| Capital expenditure | -18K | -256K | -1M | -899K | -816K | -745K | — |
| Investing cash flow | -18K | 1.9M | 21.3M | -4.2M | -397K | 6.3M | 3.8M |
| Dividends paid | — | — | — | — | — | — | — |
| Share repurchases | 0 | 0 | -54.2M | 0 | 0 | — | — |
| Financing cash flow | 7M | 22.6M | 180.1M | 0 | 33.7M | 14.5M | 40.4M |
| Net change in cash | 3.6M | 14.3M | 57.3M | -42.9M | -38M | 1.1M | 10.7M |
| Free cash flow | -272K | 373K | -133.9M | -55.5M | -53.5M | -36.3M | -34.6M |
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 | — | — | — | — | — | — | — | — | -23.9M | -36.4M | 32.6M | -27.1M |
| Depreciation & amortization | — | — | — | — | — | — | — | — | 290K | 378K | 365K | 430K |
| Stock-based compensation | — | — | — | — | — | — | — | — | 1.1M | 2.6M | 3.3M | 2.2M |
| Change in working capital | 1.5M | 316K | -226K | -336K | 48K | 138K | -216K | -176K | -3.3M | -6.3M | -5.2M | 6.9M |
| Operating cash flow | 1.5M | 316K | -226K | -336K | 48K | 138K | -216K | -176K | -14.6M | -8M | -12.8M | 8.3M |
| Capital expenditure | — | — | — | — | — | — | — | — | — | — | — | — |
| Investing cash flow | — | — | — | — | — | — | — | — | 0 | 580K | 0 | 0 |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | — | — | — | — | — | — | — | — | — | -223K | -2.4M | -2.6M |
| Net change in cash | 1.5M | 316K | -226K | -336K | 48K | 138K | -216K | -176K | -14.6M | -7.7M | -15.2M | 5.7M |
| Free cash flow | — | — | — | — | — | — | — | — | -15.2M | -8.4M | -13M | 8M |