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 | -$0.07 | -$0.16 | -128.6% | — | $203.4M | — |
| Q1 26 | -$0.06 | -$0.05 | +16.7% | — | $183.6M | — |
| Q4 25 | -$0.05 | -$0.03 | +40.0% | — | $43.3M | — |
| Q3 25 | -$0.05 | -$0.08 | -60.0% | — | $51M | — |
| Q2 25 | -$0.04 | -$0.11 | -175.0% | — | $50.3M | — |
| Q1 25 | -$0.08 | -$0.11 | -37.5% | — | $62.5M | — |
| Q4 24 | -$0.08 | -$2.43 | -2937.5% | — | $54.7M | — |
| Q3 24 | -$0.12 | -$0.83 | -591.7% | — | $58.5M | — |
| Q2 24 | -$0.18 | $0.29 | +261.1% | — | $41.4M | — |
| Q1 24 | $0.07 | -$2.7 | -3957.1% | — | $73.1M | — |
| Q4 23 | -$0.36 | $0.4 | +211.1% | — | $30.6M | — |
| Q3 23 | -$0.24 | $1.13 | +570.8% | — | $12.7M | — |
| Q2 23 | -$0.26 | $1.52 | +684.6% | — | $18M | — |
| Q1 23 | $0.01 | $0.1 | +900.0% | — | $18.2M | — |
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 | — | -$0.69 | — | — | $207.1M | — |
| FY24 | — | -$2.83 | — | — | $228M | — |
| FY23 | — | $3.43 | — | — | $79.5M | — |
| FY22 | — | $0 | — | — | $85.9M | — |
| FY21 | — | -$1.97 | — |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|
| Revenue | $44.3M | $72.5M | $85.9M | $79.5M | $228M | $207.1M |
| YoY change | — | +63.9% | +18.5% | -7.48% | +186.7% | -9.15% |
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 | Q1 24 | Q2 24 | Q3 24 |
|---|
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|
| Revenue | 44.3M | 72.5M | 85.9M | 79.5M | 228M | 207.1M |
| Cost of revenue | 42.6M | 100.3M | 75.5M | 100.5M | 225.2M | 201.1M |
| Gross profit | 1.7M | -27.8M | 10.4M | -21M | 2.8M | 6.1M |
| Gross margin | 3.84% | -38.3% | 12.1% | -26.3% | 1.21% | 2.93% |
| Research & development | — | — | — | — | — | — |
| Selling, general & administrative | 5.5M | 9.3M | 14.9M | 32.9M | 53.3M | 92.6M |
| Operating expenses | 5.5M | 9.3M | 14.9M | 32.9M | 53.3M | 89.7M |
| Operating income | -4.4M | -37.9M | -5.5M | -55.3M | -52.4M | -87.2M |
| Operating margin | -9.93% | -52.2% | -6.41% | -69.5% | -23% | -42.1% |
| Non-operating income, net | — | 2.5M | -85K | 71.2M | -294.7M | -26.7M |
| Pretax income | -4.3M | -35.6M | -6.4M | 15.1M | -346.9M | -102.9M |
| Income tax | 8K | 2K | -23K | 40K | 37K | 4M |
| Net income | -4.3M | -35.6M | 0 | 20.8M | -346.9M | -106.8M |
| Net margin | -9.78% | -49.1% | 0% | 26.1% | -152.2% | -51.6% |
| EBITDA | -3.8M | -36.9M | -4.4M | -61.1M | 152.3M | -68.3M |
| EPS | -0.24 | -1.97 | 0 | 3.43 | -2.83 | -0.69 |
| Diluted EPS | -0.24 | -1.97 | 0 | 2.46 | -2.83 | -0.69 |
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 | 12.7M | 30.6M | 73.1M | 41.4M | 58.5M | 54.7M | 62.5M | 50.3M | 51M | 43.3M | 183.6M | 203.4M |
| Cost of revenue | 26.5M | 29.1M | 60.9M | 57.1M | 54.4M | 54M | 55.8M | 62.2M | 46.8M | 36.3M | 156.6M | 170.3M |
| Gross profit | -13.8M | 1.5M | 12.2M | -15.7M | 4.1M | 679K | 6.7M | -11.8M | 4.2M | 7M | 27M | 33.1M |
| Gross margin | -108.1% | 4.79% | 16.6% | -37.9% | 7.05% | 1.24% | 10.7% | -23.5% | 8.27% | 16.2% | 14.7% | 16.3% |
| Research & development | — | — | — | — | — | — | — | — | — | — | 5.6M | 7.7M |
| Selling, general & administrative | 9.9M | 5.9M | 17.1M | 12.1M | 12.3M | 13.5M | 16.1M | 16M | 20.3M | 40.2M | 50.7M | 60.3M |
| Operating expenses | 9.9M | 5.9M | 17.1M | 12.1M | 12.3M | 13.5M | 16.1M | 16M | 18.8M | 38.7M | 53.2M | 65.3M |
| Operating income | -24M | -4.9M | -5.4M | -28.2M | -8.7M | -13.4M | -10.1M | -28.6M | -15.4M | -33.1M | -39.2M | -47.1M |
| Operating margin | -188.5% | -16.1% | -7.39% | -68% | -14.8% | -24.5% | -16.1% | -56.9% | -30.2% | -76.4% | -21.3% | -23.2% |
| Non-operating income, net | 39.1M | 9.3M | -115.2M | 44.1M | -71.7M | -151.9M | 9.7M | -13M | 2M | -25.4M | -9.9M | -12.7M |
| Pretax income | 14.9M | 4.3M | -120.7M | 16M | -80.4M | -165.1M | 975K | -38.2M | -10M | -55.7M | -52.5M | -62.8M |
| Income tax | 605K | -252K | 0 | 0 | 50K | -13K | 0 | 0 | 5K | 4M | 2K | 8K |
| Net income | 14.3M | 4.6M | -120.7M | 16M | -80.4M | -165.1M | 975K | -38.2M | -10M | -59.7M | -52.5M | -62.8M |
| Net margin | 112.4% | 15% | -165.1% | 38.6% | -137.5% | -302.1% | 1.56% | -75.9% | -19.5% | -137.7% | -28.6% | -30.9% |
| EBITDA | -30.8M | -4.6M | -73.7M | -70.9M | 63.9M | 114.5M | -19.1M | -14.9M | -9.7M | -26.2M | -24.6M | -30.9M |
| EPS | 1.87 | 0.39 | -2.7 | 0.33 | -0.69 | -1.48 | -0.11 | -0.22 | -0.06 | -0.33 | -0.25 | -0.29 |
| Diluted EPS | 1.27 | 0.39 | -2.7 | 0.29 | -0.69 | -1.48 | -0.11 | -0.22 | -0.06 | -0.33 | -0.25 | -0.29 |
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 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Market cap | — | 174.2M | 180.7M | 45.1M | — | — | 2.4B |
| Enterprise value | — | 159.9M | 180.7M | 84.1M | — | — | 4B |
| Shares outstanding | 18.1M | 18.1M | 18.1M | 17.6M | 100.6M | 121.3M | 121.3M |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| P/E | — | — | — | 2.17 | — | — | 7.8 |
| P/S | — | 2.4 | 2.1 | 0.57 | — | — | 5.11 |
| P/B | — | -3.36 | -3.14 | -0.84 | — | — | 2.71 |
| EV/EBITDA | — | -4.33 | -40.8 | -1.38 | — | — | -54.1 |
| EV/Sales | — | 2.2 | 2.1 | 1.06 | — | — | 8.2 |
| Earnings yield | — | — | — | 46.1% | — | — | 12.8% |
| FCF yield | — | -11.3% | -8.64% | -166.8% | — | — | -3.28% |
| PEG | — | — | — | — | — | — | 0.25 |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Gross margin | 3.84% | -38.3% | 12.1% | -26.3% | 1.21% | 2.93% | 16.3% |
| Operating margin | -9.93% | -52.2% | -6.41% | -69.5% | -23% | -42.1% | -18.1% |
| Net margin | -9.78% | -49.1% | 0% | 26.1% | -152.2% | -51.6% | -26.6% |
| ROE | 28.8% | 68.8% | 0% | -38.9% | -8.8K% | -52.5% | -30.8% |
| ROA | -11.4% | -82% | 0% | 24.2% | -97.6% | -14.1% | -5.52% |
| ROIC | 13% | 57.3% | 9.56% | 381.7% | 31.5% | 1.3K% | -13.8% |
| Return on tangible assets | -11.4% | -82% | 0% | 24.2% | -97.6% | -15.4% | -34.6% |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Current ratio | 0.69 | 0.52 | 0.43 | 0.38 | 2.97 | 4.96 | 1.66 |
| Quick ratio | 0.69 | 0.52 | 0.43 | 0.38 | 2.97 | 4.96 | 1.51 |
| Debt / equity | -0.34 | -0.29 | -0.45 | -0.81 | 9.53 | 1.83 | 0.53 |
| Debt / assets | 0.14 | 0.35 | 0.38 | 0.51 | 0.11 | 0.49 | 0.23 |
| Net debt / EBITDA | 4.92 | 0.39 | 0 | -0.64 | -1.12 | 3.08 | -0.68 |
| Interest coverage | — | -158.1 | -6.69 | 19.3 | — | -23.6 | -12.5 |
| Effective tax rate | 0% | 0% | 0% | 0.27% | 0% | 0% | 0% |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Revenue per share | 2.45 | 4.01 | 4.76 | 4.51 | 2.27 | 1.71 | 3.58 |
| EPS (basic) | -0.24 | -1.97 | 0 | 3.43 | -2.83 | -0.69 | -0.69 |
| EPS (diluted) | -0.24 | -1.97 | 0 | 2.46 | -2.83 | -0.69 | -0.94 |
| Book value per share | -0.83 | -2.87 | -3.19 | -3.03 | 0.04 | 1.68 | -1.71 |
| FCF per share | 0.31 | -1.09 | -0.86 | -4.26 | -0.67 | -0.46 | -1.16 |
| Cash per share | 1.32 | 1.62 | 1.43 | 0.25 | 2.06 | 4.8 | 2.12 |
| Capex per share | 0.14 | 0.18 | 0.91 | 1.69 | 0.1 | — | — |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Capex / revenue | 5.77% | 4.38% | 19.1% | 37.6% | 4.43% | — | — |
| Capex / operating cash flow | 35.4% | -23.5% | 295.6% | -79.5% | -4.33% | — | — |
| Payout ratio | — | — | — | 38.3% | 0% | — | 0% |
| Dividend yield | — | — | 0% | 17.6% | — | — | — |
| — |
| $72.5M |
| — |
| FY20 | — | -$0.24 | — | — | $44.3M | — |
| Q4 24 |
|---|
| Q1 25 |
|---|
| Q2 25 |
|---|
| Q3 25 |
|---|
| Q4 25 |
|---|
| Q1 26 |
|---|
| Q2 26 |
|---|
| Revenue | $12.7M | $30.6M | $73.1M | $41.4M | $58.5M | $54.7M | $62.5M | $50.3M | $51M | $43.3M | $183.6M | $203.4M |
| YoY change | +24% | -19.5% | +300.7% | +130.1% | +359.3% | +78.9% | -14.4% | +21.5% | -12.8% | -20.8% | +193.7% | +304.3% |
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 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|
| Cash & short-term investments | 23.9M | 29.3M | 25.8M | 4.5M | 207.6M | 582.6M |
| Receivables | 702K | 3.4M | 1.3M | 16.9M | 44.8M | 12.2M |
| Inventory | — | — | — | — | — | — |
| Total current assets | 32.4M | 35.8M | 41M | 31.6M | 293.2M | 618.8M |
| Property, plant & equipment | 7.8M | 9.5M | 30.8M | 54.3M | 62.2M | 105.4M |
| Goodwill & intangibles | — | — | — | — | — | 63.3M |
| Total assets | 38M | 43.4M | 67M | 85.9M | 355.4M | 757.2M |
| Accounts payable | 12M | 2.9M | 6.5M | 20.3M | 20.1M | 23.9M |
| Short-term debt | 1.7M | 12.6M | 16.8M | 12.9M | 2.1M | 10.5M |
| Total current liabilities | 47M | 68.4M | 95.2M | 83.4M | 98.8M | 124.8M |
| Long-term debt | 3.5M | 2.4M | 8.9M | 30.6M | 35.3M | 361.6M |
| Total liabilities | 53.1M | 95.3M | 124.6M | 139.3M | 351.5M | 553.5M |
| Shareholders' equity | -15M | -51.8M | -57.6M | -53.4M | 3.9M | 203.7M |
| Total debt | 5.1M | 15M | 25.8M | 43.5M | 37.4M | 372.2M |
| Net debt | -18.8M | -14.3M | 0 | 39M | -170.2M | -210.4M |
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 | 40.7M | 4.5M | 55.2M | 31.6M | 89.6M | 207.6M | 373.3M | 344.9M | 622M | 582.6M | 231.6M | 367.4M |
| Receivables | 2.5M | 16.9M | 35.2M | 38.3M | 51.3M | 44.8M | 29.3M | 36.6M | 23.3M | 12.2M | 105.8M | 119.7M |
| Inventory | — | — | — | — | — | — | — | — | — | — | 57.9M | 59.9M |
| Total current assets | 48.9M | 31.6M | 115.7M | 83.1M | 168.3M | 293.2M | 431.3M | 396.8M | 666M | 618.8M | 505.3M | 662.8M |
| Property, plant & equipment | 90.7M | 54.3M | 55M | 57M | 56.5M | 62.2M | 68.1M | 78.4M | 86.3M | 105.4M | 310.3M | 337.4M |
| Goodwill & intangibles | — | — | — | — | — | — | — | — | — | 63.3M | 1.4B | 1.4B |
| Total assets | 103M | 85.9M | 170.8M | 140.1M | 224.8M | 355.4M | 500M | 475.6M | 753.5M | 757.2M | 1.7B | 1.9B |
| Accounts payable | 10.7M | 20.3M | 55.3M | 29.7M | 25M | 20.1M | 28.7M | 26.4M | 17.9M | 23.9M | 91.7M | 67.5M |
| Short-term debt | 26.2M | 12.9M | 11.9M | 6.1M | 3.2M | 2.1M | 2.1M | 2.2M | 6.3M | 10.5M | 27.7M | 25.1M |
| Total current liabilities | 100.9M | 83.4M | 104.8M | 85M | 95.3M | 98.8M | 98.1M | 107.3M | 106M | 124.8M | 415.5M | 399.8M |
| Long-term debt | 25.8M | 30.6M | 31.3M | 31.4M | 35.4M | 35.3M | 35.3M | 35.2M | 364.9M | 361.6M | 398.7M | 404.7M |
| Total liabilities | 190.5M | 139.3M | 214.7M | 150.5M | 229.3M | 351.5M | 172.4M | 184.7M | 509.7M | 553.5M | 986.8M | 975.8M |
| Shareholders' equity | -87.5M | -53.4M | -43.9M | -10.4M | -4.5M | 3.9M | 327.6M | 290.9M | 243.8M | 203.7M | 731.2M | 911.5M |
| Total debt | 52M | 43.5M | 43.2M | 37.4M | 38.5M | 37.4M | 37.4M | 37.3M | 371.2M | 372.2M | 426.4M | 429.8M |
| Net debt | 11.4M | 39M | -12M | 5.8M | -51.1M | -170.2M | -335.9M | -307.6M | -250.7M | -210.4M | 194.8M | 62.4M |
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 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|
| Net income | -4.3M | -35.6M | -6.4M | 15M | -346.9M | -106.8M |
| Depreciation & amortization | 578K | 840K | 1.1M | 1.4M | 1.9M | 3.6M |
| Stock-based compensation | 0 | 318K | 624K | 4.3M | 8.8M | 8.6M |
| Change in working capital | 11M | 21M | 10.3M | 7.9M | -17.3M | 50.8M |
| Operating cash flow | 7.2M | -13.5M | 5.5M | -37.6M | -233.4M | -14.3M |
| Capital expenditure | -2.6M | -3.2M | -16.4M | -29.9M | -10.1M | — |
| Investing cash flow | -2.6M | -3.2M | -16.4M | -29.9M | -10.1M | -14.9M |
| Dividends paid | — | — | 0 | -8M | 0 | — |
| Share repurchases | — | — | — | — | — | -20.7M |
| Financing cash flow | 1.7M | 25.1M | 12.1M | 38.1M | 211.2M | 270M |
| Net change in cash | 6.3M | 8.4M | 1.2M | -29.4M | -32.3M | 240.8M |
| Free cash flow | 5.6M | -19.7M | -15.6M | -75.2M | -67.7M | -56M |
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 | 11.8M | 4.6M | -120.7M | 13.4M | -80.4M | -165.1M | 975K | -38.2M | -10M | -59.7M | -52.5M | -62.8M |
| Depreciation & amortization | 329K | 432K | 414K | 423K | 482K | 540K | 623K | 752K | 815K | 1.4M | 13M | 14.9M |
| Stock-based compensation | 1.6M | 1.5M | 3.9M | 2M | 1.3M | 1.6M | 2.8M | 2.5M | 1.4M | 1.8M | 8.8M | 10.5M |
| Change in working capital | 19M | -19.6M | -7.3M | -1.8M | -11.4M | 9.1M | 26M | 2.1M | 6.6M | 16.1M | -15.1M | -27.8M |
| Operating cash flow | -3.4M | -18.2M | -101M | -8M | -56.8M | -67.6M | 64M | -19.3M | -7.2M | -7.3M | -54.8M | -57.1M |
| Capital expenditure | -7.5M | -2.2M | -1.6M | -2.2M | -1.4M | -4.9M | -6.1M | — | — | — | — | — |
| Investing cash flow | -7.5M | -2.2M | -1.6M | -2.2M | -1.4M | -4.9M | -6.1M | — | — | — | -444.8M | -2.3M |
| Dividends paid | -3.7M | 0 | — | — | 0 | 0 | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | -20.7M | 0 | 0 | 0 | 0 | 0 |
| Financing cash flow | 16.2M | -11.5M | -10M | -15M | 77.3M | 115M | -24.2M | -1M | 296.1M | -790K | 167.4M | 219.1M |
| Net change in cash | 5.4M | -31.9M | -112.6M | -25.2M | 19.1M | 42.5M | 33.7M | -20.3M | 288.9M | -8.1M | -332.1M | 159.7M |
| Free cash flow | -14.6M | -24.6M | -8M | -33.5M | -19.3M | -6.9M | 13.3M | -27.3M | -19M | -23M | -64.6M | -81.2M |