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 | $0.27 | -$0.4 | -248.1% | — | $50.1M | — |
| Q1 26 | $0.11 | -$0.18 | -263.6% | — | $28.2M | — |
| Q4 25 | $0.3 | $0.35 | +16.7% | — | $35.6M | — |
| Q3 25 | $0.26 | $0.24 | -7.7% | — | $26.5M | — |
| Q2 25 | $0.13 | $0.06 | -53.8% | — | $21.1M | — |
| Q1 25 | $0.01 | $0.23 | +2200.0% | — | — | — |
| Q4 22 | -$0.42 | -$1.78 | -323.8% | — | $3.9M | — |
| Q3 22 | -$2.5 | -$2.5 | 0.0% | — | $4.7M | — |
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 | — | -$0.51 | — | — | $101.4M | — |
| FY24 | — | -$6.13 | — | — | $74.7M | — |
| FY23 | — | $1.92 | — | — | $64.7M | — |
| FY22 | — | -$178.3 | — | — | $22.4M | — |
| FY21 | — | -$1.18 |
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 | $39.3M | $45.4M | $42.2M | $22.4M | $64.7M | $74.7M | $101.4M |
| YoY change | — | +15.7% | -6.98% | -47% | +188.7% | +15.4% | +35.7% |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | Q4 22 | Q3 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 | 39.3M | 45.4M | 42.2M | 22.4M | 64.7M | 74.7M | 101.4M |
| Cost of revenue | 21.1M | 26.9M | 26.5M | 14.1M | 20M | 37.4M | 67.5M |
| Gross profit | 18.2M | 18.6M | 15.8M | 8.3M | 44.7M | 37.3M | 33.9M |
| Gross margin | 46.3% | 40.9% | 37.3% | 37.2% | 69.1% | 50% | 33.4% |
| Research & development | 11.3M | 14.3M | 15.1M | 14.1M | 3.7M | 2.1M | 3.1M |
| Selling, general & administrative | 7.4M | 8.3M | 8.4M | 12.8M | 18.1M | 13.5M | 21.4M |
| Operating expenses | 18.7M | 22.6M | 23.4M | 97.1M | 21.8M | 15.6M | 24.5M |
| Operating income | -691.5K | -4.1M | -8.1M | -18.6M | 10.7M | 20.8M | 8.5M |
| Operating margin | -1.76% | -8.92% | -19.1% | -83% | 16.6% | 27.9% | 8.38% |
| Non-operating income, net | 242.3K | -1.6M | -83.2K | -67.9M | 6.3M | -87.7M | -22.2M |
| Pretax income | -564.2K | -6M | -8.8M | -87.1M | 17M | -66.1M | -10.9M |
| Income tax | -28.3K | -74.9K | -238.4K | 430.4K | 3.5M | -1.3M | 341.4K |
| Net income | -535.9K | -5.9M | -8.5M | -87.5M | 13.5M | -64.8M | -11.3M |
| Net margin | -1.36% | -13% | -20.2% | -390.6% | 20.9% | -86.8% | -11.1% |
| EBITDA | 6.1M | 4.3M | 711.5K | -10.8M | 12.8M | 23.8M | 13.2M |
| EPS | -0.07 | -0.81 | -1.18 | -178.3 | 1.92 | -6.13 | -0.51 |
| Diluted EPS | -0.07 | -0.81 | -1.18 | -178.3 | 1.64 | -6.13 | -0.51 |
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | Q4 22 | Q3 23 | Q4 23 | Q1 24 | Q2 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 3.9M | 31.5M | 26.7M | — | 11.9M | 33.9M | — | 21.1M | 26.5M | 35.6M | 28.2M | 50.1M |
| Cost of revenue | 1.7M | 5.7M | 11M | — | 1.7M | 23.8M | — | 14M | 16.6M | 25M | 22.3M | 52.2M |
| Gross profit | 2.2M | 25.8M | 15.7M | — | 10.2M | 10.1M | — | 7M | 9.9M | 10.5M | 6M | -2.1M |
| Gross margin | 56.3% | 82% | 58.7% | — | 85.8% | 29.8% | — | 33.4% | 37.3% | 29.7% | 21.1% | -4.21% |
| Research & development | 2.8M | 585.9K | 343.3K | — | 303.5K | 565.4K | — | 655.9K | 825.2K | 1M | 1M | 1.2M |
| Selling, general & administrative | 4.6M | 4.3M | 5.3M | — | 3.2M | 3.2M | — | 4.2M | 5.6M | 7.9M | 27.1M | 10.3M |
| Operating expenses | 7.4M | 4.9M | 5.6M | — | 3.5M | 3.7M | — | 4.9M | 6.4M | 8.9M | 28.1M | 11.5M |
| Operating income | -5.2M | 20.9M | -2.1M | — | 6.4M | 5.5M | — | 2.2M | 3.5M | 812.8K | -22.2M | -17.9M |
| Operating margin | -133.4% | 66.4% | -7.72% | — | 53.6% | 16.2% | — | 10.3% | 13.1% | 2.29% | -78.6% | -35.7% |
| Non-operating income, net | 2.8M | -4.4M | 9.9M | — | 6.8M | -68.2M | — | -7.1M | -3M | -5.8M | -18.9M | 11.8M |
| Pretax income | -2.4M | 16.4M | 7.9M | — | 13.2M | -62.1M | — | -4.4M | 1.4M | -4.2M | -40.4M | -8.3M |
| Income tax | 96K | 2.2M | 1.3M | — | 86.1K | -3.5M | — | -480.8K | 1.4M | -1.4M | -3.4M | 1.6M |
| Net income | -2.5M | 14.2M | 6.6M | — | 13.1M | -58.6M | — | -3.9M | -28.2K | -2.7M | -37M | -9.9M |
| Net margin | -64% | 44.9% | 24.7% | — | 110% | -172.7% | — | -18.7% | -0.11% | -7.72% | -130.9% | -19.8% |
| EBITDA | -4.5M | 16.6M | 8.1M | — | 7M | 6.6M | — | 2.9M | 5.2M | 2.3M | -20.9M | -17.2M |
| EPS | — | — | — | -1.47 | — | — | -0.23 | — | — | — | -1.42 | — |
| Diluted EPS | — | — | — | -1.47 | — | — | -0.23 | — | — | — | -1.42 | — |
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 | — | — | 727.2M | — | — | — | — | 377.2M |
| Enterprise value | — | — | 744.2M | — | — | — | — | 268.1M |
| Shares outstanding | 7.3M | 7.3M | 7.3M | 490.9K | 7M | 10.6M | 22.1M | 22.1M |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | — | 6.06 |
| P/S | — | — | 17.2 | — | — | — | — | 2.69 |
| P/B | — | — | 15.8 | — | — | — | — | 2.19 |
| EV/EBITDA | — | — | 1K | — | — | — | — | -7.13 |
| EV/Sales | — | — | 17.6 | — | — | — | — | 1.91 |
| Earnings yield | — | — | — | — | — | — | — | 16.5% |
| FCF yield | — | — | -0.93% | — | — | — | — | 11% |
| PEG | — | — | — | — | — | — | — | 12.6 |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Gross margin | 46.3% | 40.9% | 37.3% | 37.2% | 69.1% | 50% | 33.4% | -4.21% |
| Operating margin | -1.76% | -8.92% | -19.1% | -83% | 16.6% | 27.9% | 8.38% | -42.8% |
| Net margin | -1.36% | -13% | -20.2% | -390.6% | 20.9% | -86.8% | -11.1% | -35.4% |
| ROE | -0.92% | -11.1% | -18.6% | -306.7% | 24.9% | -88.6% | -5.75% | -36.9% |
| ROA | -0.56% | -6.42% | -9% | -134.1% | 11.7% | -42.1% | -4.15% | -8.76% |
| ROIC | -1.06% | -6.42% | -12.8% | -86.7% | 16.1% | 36% | 7.7% | -46.6% |
| Return on tangible assets | -0.65% | -7.04% | -9.7% | -134.4% | 13% | -43.8% | -4.22% | -13% |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Current ratio | 2.06 | 1.92 | 1.47 | 1.69 | 1.43 | 1.68 | 3.33 | 2.24 |
| Quick ratio | 2.05 | 1.92 | 1.47 | 1.69 | 1.43 | 1.68 | 3.33 | 2.24 |
| Debt / equity | 0.51 | 0.55 | 0.78 | 0.84 | 0.61 | 0.3 | 0.08 | 0.44 |
| Debt / assets | 0.31 | 0.32 | 0.38 | 0.37 | 0.29 | 0.14 | 0.06 | 0.19 |
| Net debt / EBITDA | 1.15 | 2.21 | 23.9 | 0.65 | -0.1 | -0.64 | -6.47 | 3.07 |
| Interest coverage | -0.2 | -12 | -12.2 | -103.3 | 21.8 | -89.2 | -19.1 | -13.9 |
| Effective tax rate | 0% | 0% | 0% | 0% | 20.7% | 0% | 0% | 0% |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Revenue per share | 5.4 | 6.24 | 5.81 | 45.7 | 9.19 | 7.07 | 4.58 | 5.44 |
| EPS (basic) | -0.07 | -0.81 | -1.18 | -178.3 | 1.92 | -6.13 | -0.51 | -0.51 |
| EPS (diluted) | -0.07 | -0.81 | -1.18 | -178.3 | 1.64 | -6.13 | -0.51 | -1.82 |
| Book value per share | 8.03 | 7.36 | 6.32 | 58.1 | 7.69 | 6.92 | 8.87 | 6.27 |
| FCF per share | -0.01 | -1.03 | -0.93 | -24 | -1.88 | -2.94 | -1.33 | 1.53 |
| Cash per share | 3.14 | 2.69 | 2.61 | 63 | 4.85 | 3.55 | 4.56 | 6.6 |
| Capex per share | 1.07 | 0.57 | 1.03 | 5.98 | 0.04 | 0.05 | — | — |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Capex / revenue | 19.8% | 9.06% | 17.7% | 13.1% | 0.45% | 0.72% | — | — |
| Capex / operating cash flow | 142.6% | 140.9% | -80.6K% | -41% | -3.16% | -0.59% | — | — |
| Payout ratio | — | — | — | — | — | — | — | 0% |
| — |
| — |
| $42.2M |
| — |
| FY20 | — | -$0.81 | — | — | $45.4M | — |
| FY19 | — | -$0.07 | — | — | $39.3M | — |
| Q4 23 |
|---|
| Q1 24 |
|---|
| Q2 24 |
|---|
| Q4 24 |
|---|
| Q1 25 |
|---|
| Q2 25 |
|---|
| Q3 25 |
|---|
| Q4 25 |
|---|
| Q1 26 |
|---|
| Q2 26 |
|---|
| Revenue | $3.9M | $31.5M | $26.7M | — | $11.9M | $33.9M | — | $21.1M | $26.5M | $35.6M | $28.2M | $50.1M |
| YoY change | — | +573.7% | +580.7% | — | — | +27% | — | +76.5% | — | +4.75% | — | +138% |
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 | 22.9M | 19.6M | 19M | 30.9M | 34.1M | 37.5M | 100.8M |
| Receivables | 28.3M | 33.4M | 34.8M | 14M | 1.4M | 25.7M | 54.1M |
| Inventory | 158.3K | 89.8K | 152.2K | 68.6K | 23.1K | 5.2K | 0 |
| Total current assets | 55.4M | 54.8M | 55.8M | 47.8M | 77.5M | 126.7M | 234M |
| Property, plant & equipment | 29.3M | 28.9M | 30.9M | 12.9M | 12.6M | 11.9M | 12.5M |
| Goodwill & intangibles | 12M | 8.2M | 6.8M | 112.7K | 11.7M | 5.9M | 4.9M |
| Total assets | 94.9M | 92.3M | 94.9M | 65.3M | 115.4M | 153.8M | 271.9M |
| Accounts payable | 3.6M | 6.7M | 8.1M | 6.7M | 11M | 26M | 43.9M |
| Short-term debt | 20.5M | 19.2M | 25.1M | 15.6M | 26.1M | 17.3M | 10.8M |
| Total current liabilities | 27M | 28.5M | 38M | 28.3M | 54.3M | 75.3M | 70.3M |
| Long-term debt | 9.4M | 10M | 10.8M | 8.3M | 6.8M | 5M | 4.3M |
| Total liabilities | 36.6M | 38.8M | 49M | 36.7M | 61.3M | 80.7M | 75.8M |
| Shareholders' equity | 58.4M | 53.5M | 45.9M | 28.5M | 54.2M | 73.1M | 196.1M |
| Total debt | 29.9M | 29.2M | 35.9M | 23.9M | 32.9M | 22.2M | 15.1M |
| Net debt | 12.2M | 17M | 26M | 874.8K | 27.6M | 509K | -79.9M |
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 22 | Q3 23 | Q4 23 | Q2 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 30.9M | 19.8M | 34.1M | 33.7M | 37.5M | 20.8M | 10.1M | 110.2M | 100.8M | 103.5M | 168.5M |
| Receivables | 14M | 18.8M | 1.4M | 17M | 25.7M | 25.6M | 43.8M | 36.5M | 54.1M | 40.5M | 40.5M |
| Inventory | 68.6K | 46.3K | 23.1K | 21.8K | 5.2K | 5.1K | 0 | 0 | 0 | — | — |
| Total current assets | 47.8M | 89.8M | 77.5M | 94.7M | 126.7M | 126.9M | 125.4M | 228.9M | 234M | 210.1M | 344.8M |
| Property, plant & equipment | 12.9M | 15.1M | 12.6M | 12.6M | 11.9M | 15.4M | 17.3M | 16.9M | 12.5M | 17M | 26.3M |
| Goodwill & intangibles | 112.7K | 8.9M | 11.7M | 10.9M | 5.9M | 2.8M | 2.7M | 2.5M | 4.9M | 2.3M | 6.7M |
| Total assets | 65.3M | 115.2M | 115.4M | 133.1M | 153.8M | 155.8M | 162.7M | 266.4M | 271.9M | 253.9M | 389.9M |
| Accounts payable | 6.7M | 7.2M | 11M | 8.9M | 26M | 22.7M | 30.5M | 38M | 43.9M | 46.8M | 88.2M |
| Short-term debt | 15.6M | 31.8M | 26.1M | 29.9M | 17.3M | 14.7M | 14.1M | 11.6M | 10.8M | 10.7M | 10.5M |
| Total current liabilities | 28.3M | 60.1M | 54.3M | 54.9M | 75.3M | 51.2M | 58.1M | 62.8M | 70.3M | 72.3M | 153.9M |
| Long-term debt | 8.3M | 7M | 6.8M | 6M | 5M | 4.4M | 4.6M | 4.3M | 4.3M | 4.5M | 64M |
| Total liabilities | 36.7M | 67.3M | 61.3M | 61.1M | 80.7M | 56.2M | 64.6M | 68.2M | 75.8M | 78.5M | 219M |
| Shareholders' equity | 28.5M | 47.9M | 54.2M | 72.1M | 73.1M | 99.6M | 98.2M | 198.3M | 196.1M | 175.4M | 170.9M |
| Total debt | 23.9M | 38.8M | 32.9M | 35.9M | 22.2M | 19.1M | 18.8M | 15.9M | 15.1M | 15.2M | 74.5M |
| Net debt | 874.8K | 20.1M | 27.6M | 24.7M | 509K | -1.7M | 8.7M | -94.2M | -79.9M | -83.2M | -93.5M |
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 | -564.2K | -6M | -8.8M | -87.1M | 17M | -66.1M | -10.9M |
| Depreciation & amortization | 6.4M | 8.2M | 8.7M | 7.6M | 1.2M | 1.4M | 1.3M |
| Stock-based compensation | — | 142.4K | 0 | 0 | 695.7K | 951.5K | 5M |
| Change in working capital | -517.8K | 291.5K | -598.1K | 2.5M | -28M | -27M | -58.7M |
| Operating cash flow | 5.4M | 2.9M | -9.3K | -7.2M | -9.2M | -91.6M | -28.7M |
| Capital expenditure | -7.8M | -4.1M | -7.5M | -2.9M | -291.2K | -540.9K | — |
| Investing cash flow | -7M | -6.3M | -9M | -1.9M | -35.2M | 16M | 6.1M |
| Dividends paid | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | -3.6M | -3.5M |
| Financing cash flow | 394.5K | 3.8M | 5.5M | 2.8M | 154.6K | 20.2M | 4.3M |
| Net change in cash | -1.2M | 353.6K | -3.5M | -6.2M | -44.2M | -55.4M | -18.2M |
| Free cash flow | -40.6K | -7.5M | -6.8M | -11.8M | -13.2M | -31.1M | -29.3M |
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 | Q1 24 | Q2 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 |
|---|---|---|---|---|---|---|---|---|---|
| Net income | -11.5M | 13.2M | -62.1M | — | -4.4M | 1.4M | -4.2M | -40.4M | -8.3M |
| Depreciation & amortization | 355.5K | 362.5K | 309.4K | — | 336.2K | 363.5K | 306.5K | 393.2K | 376.7K |
| Stock-based compensation | -137.6K | 859.7K | 183.3K | — | 472.4K | 787.9K | 3.5M | 20.9M | 4.5M |
| Change in working capital | -6.8M | -12.3M | -20.9M | — | -7.8M | -16.9M | -26.3M | 4.7M | -45.9M |
| Operating cash flow | -18M | 2.1M | -83.1M | — | -1.9M | -2.6M | -13.6M | 6.6M | -11M |
| Capital expenditure | -104.1K | -258.8K | -67.1K | — | — | — | — | — | — |
| Investing cash flow | -78.7K | -325.5K | -18.7M | 2.7M | -3M | 5.3M | -19.1M | -480.2K | 4.5M |
| Dividends paid | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | 1 | — | — | 0 | -1.7M | -3.2M | 0 |
| Financing cash flow | 3.9M | 7M | 14.6M | — | -9.9M | 102.8M | -78.6M | -3.6M | -407.4K |
| Net change in cash | -14.2M | 8.8M | -87.3M | 2.7M | -14.8M | 105.5M | -111.2M | 2.6M | -6.9M |
| Free cash flow | -3.9M | -7.8M | -20.7M | — | -2M | -2.8M | -13.7M | 6.6M | -25.1M |