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 % |
|---|---|---|---|---|---|---|
| Q4 26 | -$0.82 | -$0.64 | +22.0% | — | — | — |
| Q3 26 | -$0.8 | -$0.76 | +5.0% | — | — | — |
| Q2 26 | -$0.72 | -$0.73 | -1.4% | — | — | — |
| Q1 26 | -$0.62 | -$0.88 | -41.9% | — | — | — |
| Q4 25 | -$0.86 | -$1.27 | -47.7% | — | — | — |
| Q3 25 | -$0.67 | -$0.8 | -19.4% | — | — | — |
| Q2 25 | -$0.46 | -$0.4 | +13.0% | — | — | — |
| Q1 25 | -$0.8 | -$0.49 | +38.8% | — | — | — |
| Q4 24 | -$0.65 | -$1.24 | -90.8% | — | — | — |
| Q3 24 | -$0.58 | -$0.54 | +6.9% | — | — | — |
| Q2 24 | $0.55 | $0.47 | -14.5% | — | — | — |
| Q1 24 | $0.79 | $0.71 | -10.1% | — | — | — |
| Q4 23 | $0.65 | $0.43 | -33.8% | — | — | — |
| Q3 23 | $1.18 | $1.06 | -10.2% | — | — | — |
| Q2 23 | $1.22 | $1.1 | -9.8% | — | — | — |
| Q1 23 | — | -$0.67 | — | — | — | — |
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 | — | -$4.1 | — | — | $636.6M | — |
| FY24 | — | -$0.58 | — | — | $709.3M | — |
| FY23 | — | $1.23 | — | — | $888.4M | — |
| FY22 | — | -$0.27 | — | — | $781.6M |
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 | $251.2M | $152.2M | $320.5M | $495.3M | $544M | $276.8M | $781.6M | $888.4M | $709.3M | $636.6M |
| YoY change | — | -39.4% | +110.6% | +54.5% | +9.83% | -49.1% | +182.4% | +13.7% | -20.2% | -10.2% |
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 | 251.2M | 152.2M | 320.5M | 495.3M | 544M | 276.8M | 781.6M | 888.4M | 709.3M | 636.6M |
| Cost of revenue | 282.8M | 181.3M | 269.1M | 370.4M | 470M | 314.8M | 621.3M | 672.5M | 549.7M | 596.7M |
| Gross profit | -31.6M | -29.1M | 51.4M | 124.9M | 74M | -38M | 160.3M | 215.9M | 159.6M | 39.9M |
| Gross margin | -12.6% | -19.1% | 16% | 25.2% | 13.6% | -13.7% | 20.5% | 24.3% | 22.5% | 6.27% |
| Research & development | 0 | 300K | 2M | 2.4M | 2.7M | 700K | 600K | 1.4M | 1.4M | 1.7M |
| Selling, general & administrative | 78.5M | 60.1M | 73.4M | 100.4M | 100M | 88.8M | 70.4M | 86.7M | 79.6M | 68.5M |
| Operating expenses | 78.5M | 60.4M | 75.4M | 102.8M | 102.7M | 89.5M | 71M | 88.1M | 81M | 70.2M |
| Operating income | -110.1M | -89.5M | -24M | 22.1M | -28.7M | -127.5M | 32.5M | 55M | -15.4M | -30.3M |
| Operating margin | -43.8% | -58.8% | -7.49% | 4.46% | -5.28% | -46.1% | 4.16% | 6.19% | -2.17% | -4.76% |
| Non-operating income, net | -640.2M | — | — | — | -47M | -173.6M | — | 1.9M | -100K | -1.2M |
| Pretax income | -750.3M | -89.5M | -24M | 15M | -104.9M | -331.8M | -2.5M | 22.2M | -52.4M | -76.3M |
| Income tax | 100K | 100K | 100K | 600K | -8.5M | 400K | 600K | 3M | 600K | 800K |
| Net income | -750.4M | -89.6M | -24.1M | 14.4M | -96.4M | -332.2M | -3.1M | 19.2M | -53M | -77.1M |
| Net margin | -298.7% | -58.9% | -7.52% | 2.91% | -17.7% | -120% | -0.4% | 2.16% | -7.47% | -12.1% |
| EBITDA | 576.7M | -53.3M | 9.5M | 63.6M | 35.4M | -65.8M | 89.3M | 129.6M | 81.1M | 65.3M |
| EPS | -187.6 | -22.4 | -6.03 | 3.6 | -21.6 | -50.9 | -0.27 | 1.23 | -0.58 | -4.1 |
| Diluted EPS | -187.6 | -22.4 | -6.03 | 3.55 | -21.6 | -50.9 | -0.27 | 1.22 | -0.58 | -4.1 |
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 | 220.6M | 194.2M | 174.7M | 180.2M | 188.9M | 165.5M | 154M | 159M | 166.7M | 156.9M | 144.7M | 167.3M |
| Cost of revenue | 166.2M | 152.1M | 144M | 136M | 142.3M | 127.4M | 148.5M | 149.3M | 153.7M | 145.2M | 141M | 151.7M |
| Gross profit | 54.4M | 42.1M | 30.7M | 44.2M | 46.6M | 38.1M | 5.5M | 9.7M | 13M | 11.7M | 3.7M | 15.6M |
| Gross margin | 24.7% | 21.7% | 17.6% | 24.5% | 24.7% | 23% | 3.57% | 6.1% | 7.8% | 7.46% | 2.56% | 9.32% |
| Research & development | 400K | 400K | 300K | 300K | 400K | 400K | 400K | 400K | 400K | 500K | 400K | 500K |
| Selling, general & administrative | 18.6M | 19.9M | 21.6M | 19.3M | 21.2M | 17.5M | 21.6M | 18M | 15.6M | 13.3M | 15.4M | 19M |
| Operating expenses | 19M | 20.3M | 21.9M | 19.6M | 21.6M | 17.9M | 22M | 18.4M | 16M | 13.8M | 15.8M | 19.5M |
| Operating income | 16.5M | 2M | -13.1M | 1.5M | 1.1M | -4.9M | -16.5M | -8.7M | -3M | -2.1M | -12.1M | -3.9M |
| Operating margin | 7.48% | 1.03% | -7.5% | 0.83% | 0.58% | -2.96% | -10.7% | -5.47% | -1.8% | -1.34% | -8.36% | -2.33% |
| Non-operating income, net | -100K | 0 | — | -100K | — | 0 | -1.2M | — | — | 0 | — | 6.3M |
| Pretax income | 7.9M | -6.4M | -22M | -7.8M | -8M | -14.6M | -27.7M | -19.7M | -14.1M | -14.8M | -23.8M | -10.1M |
| Income tax | 300K | 2.8M | 200K | 200K | 200K | 0 | 200K | 200K | 200K | 200K | 200K | -1.7M |
| Net income | 7.6M | -9.2M | -22.2M | -8M | -8.2M | -14.6M | -27.9M | -19.9M | -14.3M | -15M | -24M | -8.4M |
| Net margin | 3.45% | -4.74% | -12.7% | -4.44% | -4.34% | -8.82% | -18.1% | -12.5% | -8.58% | -9.56% | -16.6% | -5.02% |
| EBITDA | 36.1M | 22.7M | 9.5M | 25.2M | 25.7M | 20.7M | 8.5M | 15M | 20.2M | 21.6M | 9.8M | 16.9M |
| EPS | 0.47 | -0.58 | -1.38 | -0.49 | -0.51 | -0.9 | -1.62 | -1.04 | -0.74 | -0.78 | -1.22 | -0.41 |
| Diluted EPS | 0.47 | -0.58 | -1.38 | -0.49 | -0.51 | -0.9 | -1.62 | -1.04 | -0.74 | -0.78 | -1.22 | -0.41 |
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 | — | — | — | 523.8M | — | — | — | — | 79.7M | — | 32.5M |
| Enterprise value | — | — | — | 602.2M | — | — | — | — | 333M | — | 369.3M |
| Shares outstanding | 4M | 4M | 4M | 4M | 4.5M | 6.5M | 11.3M | 15.6M | 16M | 18.8M | 18.8M |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | 36.4 | — | — | — | — | — | — | 4.59 |
| P/S | — | — | — | 1.06 | — | — | — | — | 0.11 | — | 0.05 |
| P/B | — | — | — | 1.54 | — | — | — | — | -7.59 | — | -0.3 |
| EV/EBITDA | — | — | — | 9.47 | — | — | — | — | 4.11 | — | 5.4 |
| EV/Sales | — | — | — | 1.22 | — | — | — | — | 0.47 | — | 0.58 |
| Earnings yield | — | — | — | 2.75% | — | — | — | — | — | — | 21.8% |
| FCF yield | — | — | — | -4.2% | — | — | — | — | -13.7% | — | 10% |
| PEG | — | — | — | — | — | — | — | — | — | — | -0.08 |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross margin | -12.6% | -19.1% | 16% | 25.2% | 13.6% | -13.7% | 20.5% | 24.3% | 22.5% | 6.27% | 9.32% |
| Operating margin | -43.8% | -58.8% | -7.49% | 4.46% | -5.28% | -46.1% | 4.16% | 6.19% | -2.17% | -4.76% | -2.33% |
| Net margin | -298.7% | -58.9% | -7.52% | 2.91% | -17.7% | -120% | -0.4% | 2.16% | -7.47% | -12.1% | -9.71% |
| ROE | — | -50.3% | -10.7% | 4.23% | -30.9% | -1K% | 19.6% | 49.5% | 504.8% | 103.9% | 103.9% |
| ROA | — | -43.7% | -8.8% | 2.14% | -15.5% | -91.6% | -0.67% | 3.56% | -11.6% | -22.7% | -3.56% |
| ROIC | — | -50.3% | -10.7% | 5.06% | -6.65% | -54.2% | 11.7% | 16.3% | -6.34% | -12.7% | -9.07% |
| Return on tangible assets | — | -45.1% | -8.99% | 2.74% | -20.3% | -92.9% | -0.67% | 3.57% | -11.7% | -22.7% | -16.7% |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current ratio | — | 1.58 | 1.79 | 3.62 | 3.53 | 1.94 | 1.65 | 1.77 | 1.66 | 1.19 | 1.18 |
| Quick ratio | — | 1.21 | 1.58 | 3.44 | 3.34 | 1.67 | 1.48 | 1.56 | 1.44 | 0.94 | 0.97 |
| Debt / equity | — | — | — | 0.71 | 0.78 | 7.79 | -22.2 | 9.42 | -32.8 | -4.29 | -0.03 |
| Debt / assets | — | — | — | 0.36 | 0.39 | 0.69 | 0.75 | 0.68 | 0.76 | 0.94 | 0.92 |
| Net debt / EBITDA | — | — | — | 1.23 | 3.38 | -3.09 | 3.29 | 1.95 | 3.12 | 4.79 | 4.89 |
| Interest coverage | — | — | — | 3.11 | -2.59 | -9.81 | 0.93 | 1.61 | -0.33 | -0.69 | -0.31 |
| Effective tax rate | 0% | 0% | 0% | 4% | 0% | 0% | 0% | 13.5% | 0% | 0% | 0% |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue per share | 62.8 | 38 | 80.1 | 123.2 | 122 | 42.6 | 69.2 | 56.9 | 44.3 | 33.9 | 32.4 |
| EPS (basic) | -187.6 | -22.4 | -6.03 | 3.6 | -21.6 | -50.9 | -0.27 | 1.23 | -0.58 | -4.1 | -4.1 |
| EPS (diluted) | -187.6 | -22.4 | -6.03 | 3.55 | -21.6 | -50.9 | -0.27 | 1.22 | -0.58 | -4.1 | -3.09 |
| Book value per share | — | 44.5 | 56.1 | 84.8 | 70 | 4.94 | -1.4 | 2.49 | -0.66 | -3.95 | -4.88 |
| FCF per share | -22.3 | -16.6 | -14.7 | -5.47 | -2.85 | -11.9 | -1.76 | 3.75 | -0.68 | -2.21 | -0.09 |
| Cash per share | — | 0 | 0 | 40.7 | 27.7 | 7.25 | 5.08 | 7.21 | 5.72 | 0.3 | 0.37 |
| Capex per share | — | — | — | — | 15.7 | 1.22 | 1.65 | 2.62 | 3.19 | — | — |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Capex / revenue | — | — | — | — | 12.9% | 2.85% | 2.39% | 4.59% | 7.2% | — | — |
| Capex / operating cash flow | — | — | — | — | -1.1K% | -2.89% | 220% | 38.3% | 100% | — | — |
| Payout ratio | — | — | — | — | — | — | — | — | — | — | 0% |
| — |
| FY21 | — | -$50.9 | — | — | $276.8M | — |
| FY20 | — | -$21.6 | — | — | $544M | — |
| FY19 | — | $3.6 | — | — | $495.3M | — |
| FY18 | — | -$6.03 | — | — | $320.5M | — |
| FY17 | — | -$22.4 | — | — | $152.2M | — |
| FY16 | — | -$187.6 | — | — | $251.2M | — |
| 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 | $220.6M | $194.2M | $174.7M | $180.2M | $188.9M | $165.5M | $154M | $159M | $166.7M | $156.9M | $144.7M | $167.3M |
| YoY change | -0.45% | -13% | -27.1% | -23% | -14.4% | -14.8% | -11.8% | -11.8% | -11.8% | -5.2% | -6.04% | +5.22% |
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 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 0 | 0 | 163.8M | 123.5M | 47.1M | 57.4M | 112.5M | 91.6M | 5.7M |
| Receivables | 30.5M | 73.9M | 119.6M | 79.2M | 67M | 154.3M | 127M | 96.9M | 102.7M |
| Inventory | 9.3M | 10.2M | 15.4M | 12M | 20.8M | 25.7M | 33.5M | 31M | 30.7M |
| Total current assets | 40.4M | 86.1M | 308.3M | 228.5M | 150.7M | 254.7M | 290.3M | 233M | 149.9M |
| Property, plant & equipment | 161M | 179.5M | 271.9M | 306.8M | 203.7M | 205.5M | 242.9M | 216.7M | 183.4M |
| Goodwill & intangibles | 6.2M | 5.6M | 147M | 148.2M | 5M | 4.2M | 1.8M | 1.5M | 1.1M |
| Total assets | 205M | 273.8M | 672.8M | 623.4M | 362.7M | 465.9M | 539.8M | 456.3M | 340.3M |
| Accounts payable | 15.4M | 31.8M | 47.3M | 31.4M | 39.4M | 84.2M | 87.9M | 74.4M | 68.7M |
| Short-term debt | — | — | — | — | 1.9M | 24.4M | 28.9M | 19.9M | 31.1M |
| Total current liabilities | 25.6M | 48M | 85.2M | 64.8M | 77.7M | 154.4M | 164.1M | 140.1M | 126.2M |
| Long-term debt | — | — | 242.2M | 243M | 248.3M | 326.5M | 336.5M | 325M | 287.2M |
| Total liabilities | 27M | 49.2M | 332.1M | 311.2M | 330.6M | 481.7M | 501M | 466.8M | 414.5M |
| Shareholders' equity | 178M | 224.6M | 340.7M | 312.2M | 32.1M | -15.8M | 38.8M | -10.5M | -74.2M |
| Total debt | — | — | 242.2M | 243M | 250.2M | 350.9M | 365.4M | 344.9M | 318.3M |
| Net debt | — | — | 78.4M | 119.5M | 203.1M | 293.5M | 252.9M | 253.3M | 312.6M |
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 | 90.4M | 112.5M | 84.9M | 86.9M | 82.7M | 91.6M | 14.6M | 16.7M | 8.3M | 5.7M | 5.6M | 7.9M |
| Receivables | 155.7M | 127M | 120.5M | 118.1M | 124.8M | 96.9M | 102.7M | 106M | 110.6M | 102.7M | 107.3M | 121.9M |
| Inventory | 33.4M | 33.5M | 33.3M | 32.3M | 32.7M | 31M | 31.8M | 32M | 32.7M | 30.7M | 31.9M | 32M |
| Total current assets | 287.4M | 290.3M | 253.6M | 251.3M | 254.8M | 233M | 167.9M | 172.7M | 164.2M | 149.9M | 154.1M | 178.9M |
| Property, plant & equipment | 230.3M | 242.9M | 238.5M | 234.9M | 225.8M | 216.7M | 203.7M | 189.2M | 186.3M | 183.4M | 170.6M | 186.5M |
| Goodwill & intangibles | 1.9M | 1.8M | 1.7M | 1.6M | 1.5M | 1.5M | 2.6M | 2.6M | 2.4M | 1.1M | 2M | 1.8M |
| Total assets | 524.3M | 539.8M | 497.5M | 491.2M | 486.8M | 456.3M | 379.1M | 369.5M | 358.2M | 340.3M | 331.5M | 371.9M |
| Accounts payable | 78.5M | 87.9M | 74.5M | 80.1M | 78.5M | 74.4M | 58.2M | 69.7M | 71.2M | 68.7M | 69.7M | 77.3M |
| Short-term debt | 29.8M | 28.9M | 26.9M | 24.9M | 72.6M | 19.9M | 23.6M | 29.2M | 30.3M | 31.1M | 28.5M | 26.1M |
| Total current liabilities | 152.9M | 164.1M | 147.3M | 151.7M | 205.1M | 140.1M | 111.3M | 139.1M | 137.2M | 126.2M | 123M | 151.6M |
| Long-term debt | 323.2M | 336.5M | 333M | 329.4M | 277.3M | 325M | 293.1M | 276.5M | 281.4M | 287.2M | 303.8M | 316.9M |
| Total liabilities | 476.5M | 501M | 480.6M | 481.4M | 484.3M | 466.8M | 405.7M | 416.7M | 419.4M | 414.5M | 427.6M | 474.3M |
| Shareholders' equity | 47.8M | 38.8M | 16.9M | 9.8M | 2.5M | -10.5M | -26.6M | -47.2M | -61.2M | -74.2M | -96.1M | -102.4M |
| Total debt | 353M | 365.4M | 359.9M | 354.3M | 349.9M | 344.9M | 316.7M | 305.7M | 311.7M | 318.3M | 332.3M | 343M |
| Net debt | 262.6M | 252.9M | 275M | 267.4M | 267.2M | 253.3M | 302.1M | 289M | 303.4M | 312.6M | 326.7M | 335.1M |
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 | -750.4M | -89.6M | -24.1M | 14.4M | -96.4M | -332.2M | -3.1M | 19.2M | -53M | -77.1M |
| Depreciation & amortization | 46.6M | 36.2M | 33.5M | 41.5M | 64.1M | 61.7M | 56.8M | 72.8M | 94M | 95.2M |
| Stock-based compensation | 4.3M | 9M | 12.5M | 23.5M | 18.5M | 17.8M | 3M | 3M | 3.9M | 2.6M |
| Change in working capital | 63M | 4.7M | -33M | -18M | 15.3M | 18.6M | -48.6M | 12.7M | 4.3M | -34.6M |
| Operating cash flow | -636.5M | -39.7M | -11.1M | 61.7M | -6.3M | -273.2M | 8.5M | 106.4M | 51.1M | 7.5M |
| Capital expenditure | — | — | — | — | -70.1M | -7.9M | -18.7M | -40.8M | -51.1M | — |
| Investing cash flow | -5.3M | 0 | 600K | -130.1M | -97M | -11.9M | -18.7M | -39.7M | -51.1M | — |
| Dividends paid | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | 0 | 0 | -2.2M | -400K | -300K | -400K | -400K | — |
| Financing cash flow | 94.4M | 66.5M | 58.2M | 315.9M | -700K | 400K | 32.1M | -20.8M | -24M | -60.5M |
| Net change in cash | -547.4M | 26.8M | 47.7M | 247.5M | -104M | -284.7M | 21.9M | 45.9M | -24M | -53M |
| Free cash flow | -89.1M | -66.5M | -58.8M | -22M | -12.7M | -77.1M | -19.9M | 58.5M | -10.9M | -41.6M |
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 | 7.6M | -9.2M | -22.2M | -8M | -8.2M | -14.6M | -27.9M | -19.9M | -14.3M | -15M | -24M | -8.4M |
| Depreciation & amortization | 18.9M | 19.8M | 21.9M | 23.1M | 23.9M | 25.1M | 24.7M | 23.7M | 23.2M | 23.6M | 21.9M | 20.8M |
| Stock-based compensation | 800K | 700K | 900K | 1M | 1M | 1M | 800K | 600K | 600K | 600K | 300K | 600K |
| Change in working capital | -9.2M | 28.7M | -12.2M | 5M | -2.2M | 13.7M | -38.2M | 9.6M | 1.3M | -7.3M | -5.6M | 0 |
| Operating cash flow | 18.8M | 39.2M | -11.1M | 21.5M | 15.1M | 26M | -40M | 19.1M | 13.5M | 12.5M | 300K | 10.5M |
| Capital expenditure | -13M | -9.8M | -10.2M | -12M | -18.4M | -10.5M | -10.2M | — | — | — | — | — |
| Investing cash flow | -13M | -9.8M | -10.2M | -12M | -18.4M | -10.5M | -10.2M | — | — | — | — | — |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | -300K | 700K | -500K | -200K | -400K | 200K | — | — | — | — | — | — |
| Financing cash flow | -4.3M | -6.7M | -6.6M | -7.7M | -2.6M | -6.6M | -21.1M | -13.9M | -14.2M | -11.5M | 4.9M | 11.8M |
| Net change in cash | 1.5M | 22.7M | -27.9M | 1.8M | -5.9M | 8.9M | -71.3M | 5.2M | -700K | 1M | 5.2M | 22.3M |
| Free cash flow | 7.8M | 25.8M | -24.3M | 6.9M | -4.2M | 10.7M | -52.6M | 6.4M | 1.5M | 3.1M | -8.4M | 1.9M |