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 % |
|---|---|---|---|---|---|---|
| Q1 25 | -$4.4 | -$2.42 | +45.0% | — | $40.4M | — |
| Q4 24 | -$3.11 | -$8.59 | -176.2% | — | $64M | — |
| Q4 23 | -$0.14 | -$0.16 | -14.3% | — | — | — |
| Q3 23 | -$2.22 | -$2.17 | +2.3% | — | — | — |
| Q2 23 | -$2.19 | -$4.33 | -97.7% | — | — | — |
| Q1 23 | -$2.98 | -$2.8 | +6.0% | — | — | — |
| Q4 22 | -$3.82 | -$3.62 | +5.2% | — | — | — |
| Q3 22 | -$3.42 | -$3 | +12.3% | — | — | — |
| Q2 22 | -$3.2 | -$4 | -25.0% | — | — | — |
| Q1 22 | -$2.49 | -$2.67 | -7.2% | — | — | — |
| Q4 21 | -$3.25 | -$4 | -23.1% | — | — | — |
| Q3 21 | -$2.5 | -$2.2 | +12.0% | — | — | — |
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 | — | -$10.9 | — | — | $189.9M | — |
| FY24 | — | -$28 | — | — | $219.6M | — |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | FY24 | FY25 |
|---|---|---|
| Revenue | $219.6M | $189.9M |
| YoY change | — | -13.5% |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 |
|---|---|---|---|---|---|---|
| Revenue | $64M | $40.4M | $44.1M | $60.3M | $45.1M | $25.4M |
| YoY change | — | — | — | — | -29.5% | -37.1% |
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | FY24 | FY25 |
|---|---|---|
| Revenue | 219.6M | 189.9M |
| Cost of revenue | 120.3M | 89.9M |
| Gross profit | 99.4M | 100M |
| Gross margin | 45.2% | 52.7% |
| Research & development | 205.4M | 101.6M |
| Selling, general & administrative | 205.7M | 172.3M |
| Operating expenses | 411.1M | 273.9M |
| Operating income | -321.4M | -179.2M |
| Operating margin | -146.3% | -94.4% |
| Non-operating income, net | -359.6M | -62.6M |
| Pretax income | -666.6M | -235.2M |
| Income tax | 73K | -41K |
| Net income | -666.7M | -280.9M |
| Net margin | -303.5% | -147.9% |
| EBITDA | 68.2M | -92.2M |
| EPS | -28 | -10.9 |
| Diluted EPS | -28 | -10.9 |
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 |
|---|---|---|---|---|---|---|
| Revenue | 64M | 40.4M | 44.1M | 60.3M | 45.1M | 25.4M |
| Cost of revenue | 37M | 19.9M | 21.7M | 20.4M | 27.6M | 11.9M |
| Gross profit | 27M | 20.5M | 22.4M | 39.8M | 17.5M | 13.5M |
| Gross margin | 42.2% | 50.8% | 50.8% | 66.1% | 38.8% | 53.2% |
| Research & development | 46.7M | 44.6M | 41M | 20.2M | 21.5M | 14.5M |
| Selling, general & administrative | 37.9M | 46.5M | 39M | 43.4M | 42.7M | 28.4M |
| Operating expenses | 84.6M | 91.2M | 80M | 63.6M | 64.3M | 42.8M |
| Operating income | -58.9M | -72M | -58.9M | -25.2M | -48M | -30.7M |
| Operating margin | -92% | -178% | -133.7% | -41.9% | -106.3% | -120.8% |
| Non-operating income, net | -152.9M | -19K | -2.2M | -10.3M | -52.1M | 6.8M |
| Pretax income | -208.8M | -69.4M | -59.1M | -34.3M | -99.3M | -23.8M |
| Income tax | 18K | — | -41K | 0 | 0 | — |
| Net income | -208.8M | -69.4M | -59.1M | -53M | -99.3M | -23.8M |
| Net margin | -326.2% | -171.7% | -134.1% | -88% | -220% | -93.7% |
| EBITDA | 100M | -66.2M | -49.9M | -9.5M | 10.5M | -33.4M |
| EPS | — | -2.8 | -2.32 | -2.01 | — | -0.87 |
| Diluted EPS | — | -2.8 | -2.32 | -2.01 | — | -0.87 |
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 | FY24 | FY25 |
|---|---|---|
| Cash & short-term investments | 216.5M | 38.2M |
| Receivables | 3.3M | 1.4M |
| Inventory | 12.5M | 15.6M |
| Total current assets | 255.3M | 102.7M |
| Property, plant & equipment | 77.2M | 1.8M |
| Goodwill & intangibles | 107.5M | 89.5M |
| Total assets | 395.2M | 159.9M |
| Accounts payable | 11.6M | 5.7M |
| Short-term debt | 8.7M | 7.3M |
| Total current liabilities | 127.3M | 123.7M |
| Long-term debt | 67.8M | 61.1M |
| Total liabilities | 206.6M | 186.6M |
| Shareholders' equity | 188.5M | -26.7M |
| Total debt | 76.5M | 68.4M |
| Net debt | -140M | 30.2M |
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 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 |
|---|---|---|---|---|---|---|
| Cash & short-term investments | 216.5M | 170M | 126.6M | 79.3M | 38.2M | 39.8M |
| Receivables | 3.3M | 1.1M | 446K | 10.1M | 1.4M | 1.2M |
| Inventory | 12.5M | 14.7M | 14.8M | 21.4M | 15.6M | 13.4M |
| Total current assets | 255.3M | 233M | 188.8M | 161.6M | 102.7M | 90M |
| Property, plant & equipment | 77.2M | 73.6M | 69.9M | 54.2M | 1.8M | 1.4M |
| Goodwill & intangibles | 107.5M | 102.7M | 99.5M | 96.1M | 89.5M | 84.8M |
| Total assets | 395.2M | 368M | 318.9M | 277.4M | 159.9M | 144.3M |
| Accounts payable | 11.6M | 11.2M | 6.5M | 7.8M | 5.7M | 13.9M |
| Short-term debt | 8.7M | 9M | 9.3M | 5.9M | 7.3M | 27M |
| Total current liabilities | 127.3M | 152.9M | 152.8M | 153.3M | 123.7M | 168.7M |
| Long-term debt | 67.8M | 65.2M | 62.4M | 54.7M | 61.1M | 15.6M |
| Total liabilities | 206.6M | 224.5M | 217M | 214.7M | 186.6M | 187.2M |
| Shareholders' equity | 188.5M | 143.5M | 101.9M | 62.7M | -26.7M | -42.9M |
| Total debt | 76.5M | 74.2M | 71.7M | 60.5M | 68.4M | 42.6M |
| Net debt | -140M | -95.8M | -54.9M | -18.8M | 30.2M | 2.8M |
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 | FY24 | FY25 | Current |
|---|---|---|---|
| Market cap | 253.2M | 19.1M | 109.8M |
| Enterprise value | 113.2M | 49.3M | 139.9M |
| Shares outstanding | 23.8M | 25.8M | 25.8M |
| Metric | FY24 | FY25 | Current |
|---|---|---|---|
| P/E | — | — | -0.37 |
| P/S | 1.15 | 0.1 | 0.58 |
| P/B | 1.34 | -0.71 | -2.57 |
| EV/EBITDA | 1.66 | -0.53 | -1.52 |
| EV/Sales | 0.52 | 0.26 | 0.74 |
| Earnings yield | — | — | -272% |
| FCF yield | -68.7% | -924.2% | -255.9% |
| PEG | — | — | 0.01 |
| Metric | FY24 | FY25 | Current |
|---|---|---|---|
| Gross margin | 45.2% | 52.7% | 53.2% |
| Operating margin | -146.3% | -94.4% | -94.4% |
| Net margin | -303.5% | -147.9% | 52.7% |
| ROE | -353.7% | 1.1K% | 1.1K% |
| ROA | -168.7% | -175.7% | -175.7% |
| ROIC | -661.9% | -5.2K% | -5.2K% |
| Return on tangible assets | -231.8% | -398.8% | -395.6% |
| Metric | FY24 | FY25 | Current |
|---|---|---|---|
| Current ratio | 2.01 | 0.83 | 0.53 |
| Quick ratio | 1.91 | 0.7 | 0.45 |
| Debt / equity | 0.41 | -2.56 | -0.01 |
| Debt / assets | 0.19 | 0.43 | 0.3 |
| Net debt / EBITDA | -2.05 | -0.33 | -0.03 |
| Effective tax rate | 0% | 0% | 0% |
| Metric | FY24 | FY25 | Current |
|---|---|---|---|
| Revenue per share | 9.23 | 7.36 | 7.36 |
| EPS (basic) | -28 | -10.9 | -10.9 |
| EPS (diluted) | -28 | -10.9 | -10.9 |
| Book value per share | 7.92 | -1.04 | -1.56 |
| FCF per share | -7.31 | -6.83 | -5.89 |
| Cash per share | 9.1 | 1.48 | 1.45 |
| Capex per share | 0.05 | 0.09 | 0.11 |
| Metric | FY24 | FY25 | Current |
|---|---|---|---|
| Capex / revenue | 0.5% | 1.21% | 1.67% |
| Capex / operating cash flow | -0.22% | -0.99% | -1.35% |
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 | FY24 | FY25 |
|---|---|---|
| Net income | -666.7M | -280.9M |
| Depreciation & amortization | 29.5M | 23.4M |
| Stock-based compensation | 120.2M | 62M |
| Change in working capital | 7.8M | -37.3M |
| Operating cash flow | -509.8M | -231.4M |
| Capital expenditure | -1.1M | 2.3M |
| Investing cash flow | -1.1M | 2.3M |
| Dividends paid | — | — |
| Share repurchases | — | — |
| Financing cash flow | -587K | -950K |
| Net change in cash | -511.4M | -230.1M |
| Free cash flow | -174M | -176.4M |
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 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 |
|---|---|---|---|---|---|---|
| Net income | -208.8M | -69.4M | -59.1M | -53M | -99.3M | -23.8M |
| Depreciation & amortization | 5.9M | 5.8M | 6.7M | 5.1M | 5.7M | 4.1M |
| Stock-based compensation | 19M | 21.6M | 19.5M | 9.4M | 11.6M | 5.7M |
| Change in working capital | 3.1M | -2.1M | -8.8M | -25.1M | -1.3M | -7M |
| Operating cash flow | -180.8M | -44.2M | -41.7M | -63.6M | -83.4M | -28.4M |
| Capital expenditure | -255K | -218K | -189K | 2.2M | 528K | -42K |
| Investing cash flow | -255K | -218K | -189K | 2.2M | 528K | -42K |
| Dividends paid | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — |
| Financing cash flow | -73K | -49K | -71K | -19K | -11K | 24.3M |
| Net change in cash | -181.1M | -44.5M | -41.9M | -61.4M | -82.9M | -4.1M |
| Free cash flow | -28M | -44.6M | -43.6M | -46.1M | -42.1M | -30M |