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 | -$0.01 | $0.01 | +200.0% | — | $46.9M | — |
| Q1 26 | — | $0.01 | — | — | $44.6M | — |
| Q3 25 | — | $0.01 | — | — | $43.9M | — |
| Q2 25 | — | $0.01 | — | — | $44.5M | — |
| Q1 25 | — | $0.02 | — | — | $47M | — |
| Q3 24 | -$0.02 | $0.01 | +150.0% | — | $44.3M | — |
| Q2 24 | -$0.02 | -$0.01 | +50.0% | — | $44M | — |
| Q1 24 | -$0.02 | -$0.03 | -50.0% | — | $44.8M | — |
| Q4 23 | -$0.03 | -$0.03 | 0.0% | — | $44.5M | — |
| Q3 23 | -$0.02 | -$0.02 | 0.0% | — | $43.5M | — |
| Q2 23 | -$0.04 | -$0.02 | +50.0% | — | $43.9M | — |
| Q1 23 | -$0.05 | -$0.03 | +40.0% | — | $43.3M | — |
| Q4 22 | -$0.07 | -$0.06 | +14.3% | — | $44.1M | — |
| Q3 22 | -$0.09 | -$0.09 | 0.0% | — | $41.1M | — |
| Q2 22 | -$0.1 | -$0.08 | +20.0% | — | $42M | — |
| Q1 22 | -$0.11 | -$0.09 | +18.2% | — | $41.7M | — |
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 | — | -$0.08 | — | — | $180.9M | — |
| FY24 | — | -$0.21 | — | — | $178.7M | — |
| FY23 | — | -$0.34 | — | — | $175.2M | — |
| FY22 | — | -$0.53 | — | — | $168.8M | — |
| FY21 | — |
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 | $97.3M | $120.4M | $165M | $168.8M | $175.2M | $178.7M | $180.9M |
| YoY change | — | +23.7% | +37% | +2.3% | +3.77% | +2.02% | +1.2% |
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 | 97.3M | 120.4M | 165M | 168.8M | 175.2M | 178.7M | 180.9M |
| Cost of revenue | 35.6M | 47.7M | 62.3M | 61.9M | 62.9M | 59.6M | 53.2M |
| Gross profit | 61.7M | 72.8M | 102.7M | 106.9M | 112.2M | 119.1M | 127.7M |
| Gross margin | 63.4% | 60.4% | 62.2% | 63.3% | 64.1% | 66.6% | 70.6% |
| Research & development | 24.2M | 29.6M | 48.4M | 57.4M | 52.4M | 49.4M | 46M |
| Selling, general & administrative | 40.3M | 51.7M | 85.3M | 104.7M | 97.5M | 93.8M | 85.3M |
| Operating expenses | 64.5M | 81.3M | 135.4M | 162.1M | 149.9M | 143.2M | 131.3M |
| Operating income | -2.8M | -8.5M | -32.7M | -55.1M | -37.7M | -24.1M | -3.6M |
| Operating margin | -2.85% | -7.05% | -19.8% | -32.7% | -21.5% | -13.5% | -2.01% |
| Non-operating income, net | -6.6M | -42.2M | -15.4M | -3.2M | 1.2M | 175K | -5.6M |
| Pretax income | -14M | -55.2M | -52.8M | -60.6M | -37.5M | -23.7M | -9M |
| Income tax | 1.6M | 3.6M | 6.6M | 7.9M | 8.9M | 7.7M | 3.1M |
| Net income | -15.6M | -58.8M | -59.4M | -68.5M | -46.4M | -31.3M | -12.1M |
| Net margin | -16% | -48.8% | -36% | -40.6% | -26.5% | -17.5% | -6.67% |
| EBITDA | 1.4M | 45.5M | -30.3M | -48.2M | -30.8M | -16.1M | 3.4M |
| EPS | -0.23 | -0.57 | -0.95 | -0.53 | -0.34 | -0.21 | -0.08 |
| Diluted EPS | -0.23 | -0.57 | -0.95 | -0.53 | -0.34 | -0.21 | -0.08 |
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 | 43.5M | 44.5M | 44.8M | 44M | 44.3M | 45.6M | 47M | 44.5M | 43.9M | 45.5M | 44.6M | 46.9M |
| Cost of revenue | 15.8M | 15.8M | 16.2M | 15.4M | 14.8M | 13.3M | 14.2M | 13.2M | 13.1M | 12.6M | 12.5M | 12.4M |
| Gross profit | 27.7M | 28.6M | 28.6M | 28.7M | 29.5M | 32.3M | 32.7M | 31.2M | 30.7M | 33M | 32.1M | 34.5M |
| Gross margin | 63.6% | 64.4% | 63.9% | 65.1% | 66.7% | 70.8% | 69.7% | 70.2% | 70% | 72.4% | 71.9% | 73.6% |
| Research & development | 12.6M | 12.7M | 12M | 12M | 12.4M | 13M | 12.1M | 11.6M | 11.5M | 10.9M | 10.7M | 12.7M |
| Selling, general & administrative | 23.4M | 24.7M | 23.9M | 25.2M | 21.6M | 23.1M | 22.2M | 22.4M | 19.9M | 20.7M | 22.3M | 22.6M |
| Operating expenses | 36M | 37.5M | 35.9M | 37.2M | 34M | 36.1M | 34.3M | 34M | 31.4M | 31.6M | 33M | 35.3M |
| Operating income | -8.3M | -8.8M | -7.3M | -8.6M | -4.5M | -3.8M | -1.6M | -2.8M | -700K | 1.4M | -897K | -780K |
| Operating margin | -19.1% | -19.8% | -16.3% | -19.4% | -10.1% | -8.32% | -3.36% | -6.2% | -1.6% | 3.08% | -2.01% | -1.66% |
| Non-operating income, net | 405K | -2.2M | -1.6M | 1.1M | 2.1M | -1.5M | 1.6M | -4.5M | -825K | -1.9M | -321K | -2.3M |
| Pretax income | -8.2M | -10.7M | -8.8M | -7.5M | -2.3M | -5M | 226K | -7.3M | -1.4M | -491K | -1.3M | -3.1M |
| Income tax | 2.5M | 1.4M | 2.3M | 2.5M | 1.3M | 1.6M | 1.3M | 424K | 1.2M | 84K | 2.5M | 2.5M |
| Net income | -10.7M | -12.1M | -11.1M | -10M | -3.6M | -6.6M | -1.1M | -7.8M | -2.6M | -575K | -3.8M | -5.5M |
| Net margin | -24.6% | -27.1% | -24.8% | -22.7% | -8.15% | -14.5% | -2.38% | -17.4% | -5.99% | -1.26% | -8.45% | -11.8% |
| EBITDA | -6.6M | -6.3M | -5.2M | -6.6M | -2.5M | -1.8M | 448K | -1.2M | 1M | 3M | 745K | 1.3M |
| EPS | -0.08 | -0.09 | -0.08 | -0.07 | -0.02 | -0.04 | -0.01 | -0.05 | -0.02 | 0 | -0.03 | -0.04 |
| Diluted EPS | -0.08 | -0.09 | -0.08 | -0.07 | -0.02 | -0.04 | -0.01 | -0.05 | -0.02 | 0 | -0.03 | -0.04 |
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 | — | — | — | — | 269.6M | 325.4M | 250.8M | 198.3M |
| Enterprise value | — | — | — | — | 255M | 294.1M | 245.2M | 212.8M |
| Shares outstanding | 109M | 123.1M | 71.1M | 130.4M | 138.2M | 147.9M | 152.9M | 152.9M |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | — | -16.1 |
| P/S | — | — | — | — | 1.54 | 1.82 | 1.39 | 1.1 |
| P/B | — | — | — | — | 8.89 | 13.3 | 39.6 | 118.2 |
| EV/EBITDA | — | — | — | — | -8.29 | -18.3 | 72.9 | 32.2 |
| EV/Sales | — | — | — | — | 1.46 | 1.65 | 1.36 | 1.18 |
| Earnings yield | — | — | — | — | — | — | — | -6.2% |
| FCF yield | — | — | — | — | -4.6% | 3.6% | 5.53% | 21.3% |
| PEG | — | — | — | — | — | — | — | 0.81 |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Gross margin | 63.4% | 60.4% | 62.2% | 63.3% | 64.1% | 66.6% | 70.6% | 73.6% |
| Operating margin | -2.85% | -7.05% | -19.8% | -32.7% | -21.5% | -13.5% | -2.01% | 9% |
| Net margin | -16% | -48.8% | -36% | -40.6% | -26.5% | -17.5% | -6.67% | -6.92% |
| ROE | 29.5% | 58.4% | -69.6% | -158% | -152.9% | -128.4% | -190.7% | -134.2% |
| ROA | -21.4% | -64.6% | -26.6% | -33.2% | -25.2% | -17.3% | -7.33% | 0.6% |
| ROIC | 10.1% | 10.8% | 162.7% | -339.8% | -238.9% | 348.4% | -461.5% | -7.02% |
| Return on tangible assets | -30% | -93.1% | -30.1% | -37.7% | -28.9% | -19.7% | -11% | -23.3% |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Current ratio | 0.56 | 0.64 | 1.79 | 1.22 | 1.12 | 1.2 | 0.72 | 0.56 |
| Quick ratio | 0.56 | 0.64 | 1.79 | 1.22 | 1.12 | 1.2 | 0.72 | 0.56 |
| Debt / equity | -0.98 | -0.5 | 0.45 | 1.36 | 1.81 | 2.05 | 7.32 | 25.7 |
| Debt / assets | 0.71 | 0.55 | 0.17 | 0.29 | 0.3 | 0.28 | 0.28 | 0.26 |
| Net debt / EBITDA | 17.9 | 0.49 | 3.48 | 0.56 | 0.47 | 1.95 | -1.65 | 1.99 |
| Interest coverage | -2.25 | -0.09 | -1.63 | -8.26 | -10.8 | -7.82 | -3.02 | -1.99 |
| Effective tax rate | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Revenue per share | 0.89 | 0.98 | 2.32 | 1.29 | 1.27 | 1.21 | 1.18 | 1.21 |
| EPS (basic) | -0.23 | -0.57 | -0.95 | -0.53 | -0.34 | -0.21 | -0.08 | -0.08 |
| EPS (diluted) | -0.23 | -0.57 | -0.95 | -0.53 | -0.34 | -0.21 | -0.08 | -0.08 |
| Book value per share | -0.48 | -0.82 | 1.2 | 0.33 | 0.22 | 0.16 | 0.04 | 0.01 |
| FCF per share | -0.02 | 0.02 | -0.4 | -0.41 | -0.09 | 0.08 | 0.09 | 0.07 |
| Cash per share | 0.24 | 0.23 | 2.03 | 0.66 | 0.5 | 0.55 | 0.34 | 0.2 |
| Capex per share | 0.02 | 0.01 | 0.02 | 0.01 | 0.02 | 0 | 0 | 0 |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Capex / revenue | 2.3% | 0.93% | 0.68% | 0.72% | 1.49% | 0.29% | 0% | 0% |
| Capex / operating cash flow | -66.7% | -2.81% | -2.96% | -2.6% | -28.9% | 6.6% | 0% | 0% |
| Payout ratio | — | — | — | — | — | — | — | 0% |
| -$0.95 |
| — |
| — |
| $165M |
| — |
| FY20 | — | -$0.57 | — | — | $120.4M | — |
| FY19 | — | -$0.23 | — | — | $97.3M | — |
| Q1 24 |
|---|
| Q2 24 |
|---|
| Q3 24 |
|---|
| Q4 24 |
|---|
| Q1 25 |
|---|
| Q2 25 |
|---|
| Q3 25 |
|---|
| Q4 25 |
|---|
| Q1 26 |
|---|
| Q2 26 |
|---|
| Revenue | $43.5M | $44.5M | $44.8M | $44M | $44.3M | $45.6M | $47M | $44.5M | $43.9M | $45.5M | $44.6M | $46.9M |
| YoY change | +6.07% | +0.93% | +3.48% | +0.35% | +1.73% | +2.54% | +4.92% | +0.98% | -0.97% | -0.15% | -5.02% | +5.47% |
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 | 26.5M | 27.7M | 143.9M | 86M | 69.4M | 81.3M | 51.9M |
| Receivables | 10.8M | 17.1M | 17.5M | 28.8M | 23.3M | 20M | 16.4M |
| Inventory | — | — | — | — | — | — | — |
| Total current assets | 42.6M | 53.5M | 175.6M | 133M | 111.7M | 121.6M | 90.7M |
| Property, plant & equipment | 7.8M | 4.1M | 9.5M | 36M | 34M | 28.5M | 22.7M |
| Goodwill & intangibles | 21M | 27.8M | 26M | 24.6M | 23.5M | 22.6M | 55.1M |
| Total assets | 72.8M | 91M | 223.3M | 206.2M | 183.7M | 181.3M | 164.7M |
| Accounts payable | 2.7M | 5M | 6.5M | 9.4M | 3.6M | 3.3M | 3.8M |
| Short-term debt | 21.9M | 2.7M | 2.8M | 8.1M | 4M | 5.6M | 31.9M |
| Total current liabilities | 76.6M | 83M | 98.1M | 108.8M | 99.9M | 101.7M | 126.5M |
| Long-term debt | 29.9M | 47.2M | 35.8M | 50.7M | 50.8M | 44.4M | 14.4M |
| Total liabilities | 125.6M | 191.5M | 138M | 162.8M | 153.4M | 156.9M | 158.4M |
| Shareholders' equity | -52.8M | -100.5M | 85.3M | 43.3M | 30.3M | 24.4M | 6.3M |
| Total debt | 51.8M | 49.9M | 38.6M | 58.8M | 54.8M | 50M | 46.3M |
| Net debt | 25.3M | 22.2M | -105.4M | 14.2M | 18.1M | 17M | 18.8M |
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 | 69.2M | 69.4M | 68.9M | 68.3M | 77.7M | 81.3M | 62.9M | 71.2M | 72.2M | 51.9M | 61.8M | 31.3M |
| Receivables | 21.9M | 23.3M | 17.8M | 22.1M | 22.6M | 20M | 18.2M | 21.2M | 20.3M | 16.4M | 17.1M | 26.6M |
| Inventory | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 109.1M | 111.7M | 105.4M | 108.3M | 118.5M | 121.6M | 101.4M | 114.4M | 112.5M | 90.7M | 98.6M | 75.3M |
| Property, plant & equipment | 35.5M | 34M | 32.5M | 31.1M | 29.7M | 28.5M | 26.9M | 25.5M | 24.1M | 22.7M | 21.7M | 20.7M |
| Goodwill & intangibles | 23.8M | 23.5M | 23.3M | 23M | 22.8M | 22.6M | 22.3M | 22.3M | 22.3M | 55.1M | 54.9M | 115.2M |
| Total assets | 179.5M | 183.7M | 173.1M | 171.3M | 178.6M | 181.3M | 172.8M | 169.4M | 172.6M | 164.7M | 159.8M | 168.8M |
| Accounts payable | 4.4M | 3.6M | 8.1M | 7.1M | 5.8M | 3.3M | 8.3M | 9.2M | 4.9M | 3.8M | 8.4M | 10.5M |
| Short-term debt | 33.8M | 4M | 4.5M | 4.7M | 4.9M | 5.6M | 6.3M | 7.2M | 7.8M | 31.9M | 30.8M | 29.7M |
| Total current liabilities | 127M | 99.9M | 96.9M | 98.5M | 106.1M | 101.7M | 95.8M | 98M | 100.7M | 126.5M | 122.3M | 134.5M |
| Long-term debt | 17.6M | 50.8M | 48.7M | 47.2M | 46.1M | 44.4M | 42.3M | 41.6M | 39.9M | 14.4M | 13.8M | 13.8M |
| Total liabilities | 147.3M | 153.4M | 147.9M | 147.8M | 154.4M | 156.9M | 150.1M | 152.5M | 154.9M | 158.4M | 155.1M | 167.1M |
| Shareholders' equity | 32.2M | 30.3M | 25.1M | 23.5M | 24.1M | 24.4M | 22.7M | 17M | 17.7M | 6.3M | 4.6M | 1.7M |
| Total debt | 51.4M | 54.8M | 53.2M | 51.9M | 51.1M | 50M | 48.6M | 48.8M | 47.8M | 46.3M | 44.5M | 43.5M |
| Net debt | 17.3M | 18.1M | 21.7M | 17.6M | 14.2M | 17M | 16.9M | 13.4M | 6.3M | 18.8M | -13.9M | 17.5M |
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 | -15.6M | -58.8M | -59.4M | -68.5M | -46.4M | -31.3M | -12.1M |
| Depreciation & amortization | 4.5M | 7.7M | 2.4M | 2.7M | 4.7M | 5.1M | 4.5M |
| Stock-based compensation | 2.3M | 5.1M | 17.1M | 23.6M | 30M | 26.3M | 16.5M |
| Change in working capital | 1.7M | 1.7M | -7.3M | -15.5M | -8M | -2.3M | -3M |
| Operating cash flow | -3.4M | -39.8M | -37.9M | -46.9M | -9M | 7.9M | 14.5M |
| Capital expenditure | -2.2M | -1.1M | -1.1M | -1.2M | -2.6M | -521K | 0 |
| Investing cash flow | -2.2M | -735K | -1.1M | -45M | -90K | -12.4M | 9.7M |
| Dividends paid | — | — | — | — | — | — | — |
| Share repurchases | 0 | 0 | -1.6M | 0 | 0 | -3M | -26.2M |
| Financing cash flow | 153K | -2.1M | 142M | -3.3M | -1.3M | -5.2M | -29.7M |
| Net change in cash | -5.4M | -42.7M | 103.1M | -95.2M | -10.4M | -9.7M | -5.4M |
| Free cash flow | -2.4M | 2.7M | -28.1M | -52.8M | -12.4M | 11.7M | 13.9M |
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 | -10.7M | -12.1M | -11.1M | -10M | -3.6M | -6.6M | -1.1M | -7.8M | -2.6M | -575K | -3.8M | -5.5M |
| Depreciation & amortization | 1.3M | 1.3M | 1.3M | 1.3M | 1.2M | 1.2M | 1.2M | 1.1M | 1.1M | 1.1M | 1.2M | 1.6M |
| Stock-based compensation | 7.4M | 8M | 6.5M | 8.9M | 5.6M | 5.2M | 4.5M | 4.1M | 4.1M | 3.8M | 3.8M | 3.7M |
| Change in working capital | 858K | 501K | -1.3M | -5.6M | 4.4M | 145K | -5.1M | 1.3M | 3.2M | -2.4M | -3.6M | -10M |
| Operating cash flow | 1.4M | 343K | -1.9M | -2.9M | 10.4M | 2.4M | 2.3M | 2.7M | 9.3M | 3.6M | 656K | -2M |
| Capital expenditure | -201K | -815K | -93K | -234K | -94K | -100K | -297K | — | — | — | -268K | -618K |
| Investing cash flow | -6.4M | -2.7M | -3.5M | 5.3M | -5.9M | -8.2M | 2.2M | 9.5M | -2.6M | 7.5M | 31.5M | -6.8M |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | 0 | — | — | -150K | -2.2M | -600K | -2.3M | -7.3M | 0 | -16.6M | 0 | 0 |
| Financing cash flow | -1.5M | 0 | -885K | -588K | -2.6M | -1M | -3.2M | -7.9M | -657K | -17.9M | -1.3M | -1.3M |
| Net change in cash | -6.5M | -2.3M | -6.3M | 1.8M | 1.8M | -6.9M | 1.3M | 4.2M | 6M | -6.8M | 30.8M | -10M |
| Free cash flow | 1.2M | 786K | -1.2M | -1.8M | 10.6M | 4.2M | -1.3M | 2.5M | 9.2M | 3.5M | 327K | -2.7M |