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 % |
|---|---|---|---|---|---|---|
| Q3 24 | -$0.31 | -$0.28 | +9.7% | — | — | — |
| Q2 24 | -$0.31 | -$0.28 | +9.7% | — | — | — |
| Q1 24 | -$0.31 | -$0.28 | +9.7% | — | — | — |
| Q4 23 | -$0.15 | -$0.14 | +6.7% | — | $2.1M | — |
| Q3 23 | -$0.17 | -$0.13 | +23.5% | — | $1.9M | — |
| Q2 23 | -$0.14 | -$0.66 | -371.4% | — | $2M | — |
| Q1 23 | -$0.16 | -$0.12 | +25.0% | — | $1.4M | — |
| Q4 22 | -$0.1 | -$0.17 | -70.0% | — | $2.2M | — |
| Q3 22 | -$0.13 | -$0.16 | -23.1% | — | $2M | — |
| Q2 22 | -$0.13 | -$0.2 | -53.8% | — | $2.4M | — |
| Q1 22 | -$0.27 | -$0.35 | -29.6% | — | $3.6M | — |
| Q4 21 | -$0.08 | -$0.17 | -112.5% | — | $2M | — |
| Q3 21 | -$0.11 | -$0.22 | -100.0% | — | $1.9M | — |
| Q2 21 | -$0.34 | -$0.46 | -35.3% | — | $2.2M | — |
| Q1 21 | -$0.23 | -$0.67 | -191.3% | — | $1.3M | — |
| Q4 20 | -$0.16 | -$0.31 | -93.8% | — | $692K | — |
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 % |
|---|---|---|---|---|---|---|
| FY26 | — | — | — | — | $120.3M | — |
| FY25 | — | -$0.85 | — | — | $17.2M | — |
| FY24 | — | -$89.1 | — | — | $5.9M | — |
| FY23 | — | -$105.3 | — | — | $7.5M |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.9M | $17M | $16.7M | $31.6M | $7.4M | $10.2M | $7.5M | $5.9M | $17.2M | $120.3M |
| YoY change | -95.3% | +773.2% | -1.49% | +89.1% | -76.5% | +37.4% | -26.5% | -21.3% | +191.4% | +599.2% |
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 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.9M | 17M | 16.7M | 31.6M | 7.4M | 10.2M | 7.5M | 5.9M | 17.2M | 120.3M |
| Cost of revenue | — | 5.5M | — | — | — | — | — | — | 5.1M | 16.7M |
| Gross profit | — | 11.8M | — | — | — | — | — | — | 12.1M | 103.6M |
| Gross margin | — | 69.7% | — | — | — | — | — | — | 70.2% | 86.1% |
| Research & development | 58.9M | 65.9M | 59.8M | 56.2M | 53M | 32.8M | 27.2M | 25.4M | 34.8M | 97.5M |
| Selling, general & administrative | 35.1M | 27.4M | 37M | 50.9M | 63.6M | 58M | 53.1M | 39.3M | 39.3M | 57.3M |
| Operating expenses | 106.1M | 98.8M | 97.1M | 107M | 115M | 91.3M | 76.8M | 63.8M | 74M | 154.8M |
| Operating income | -90.5M | -75.2M | -80.4M | -75.4M | -107.6M | -81.1M | -69.3M | -58M | -62.4M | -51.3M |
| Operating margin | -4.7K% | -443.1% | -480.9% | -238.5% | -1.4K% | -794.3% | -923.7% | -982.2% | -363.1% | -42.6% |
| Non-operating income, net | -173K | 10.7M | -6.3M | 2.2M | 18.7M | 6.8M | 5.8M | -11.3M | -20.4M | 12.3M |
| Pretax income | -90.2M | -66M | -98.8M | -87.4M | -99.6M | -91.6M | -82.1M | -88.1M | -101.8M | -56.9M |
| Income tax | -13.4M | -30.7M | -9M | -9.4M | -819K | -239K | -212K | -191K | 330K | 613K |
| Net income | -76.8M | -35.3M | -89.8M | -77.9M | -98.8M | -91.3M | -81.9M | -88M | -102.1M | -57.5M |
| Net margin | -4K% | -207.9% | -537% | -246.5% | -1.3K% | -894.6% | -1.1K% | -1.5K% | -593.9% | -47.8% |
| EBITDA | -87M | -72.2M | -78.3M | -71.2M | -103.3M | -76.7M | -64.4M | -51.5M | -59.7M | -49.3M |
| EPS | -1.82 | -0.72 | -1.72 | -1.4 | -1.55 | -133.8 | -105.3 | -89.1 | -0.85 | — |
| Diluted EPS | -1.82 | -0.72 | -1.72 | -1.4 | -1.55 | -133.8 | -105.3 | -89.1 | -0.85 | — |
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | Q1 21 | Q2 21 | Q3 21 | Q4 21 | Q1 22 | Q2 22 | Q3 22 | Q4 22 | Q1 23 | Q2 23 | Q3 23 | Q4 23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.3M | 2.2M | 1.9M | 2M | 3.6M | 2.4M | 2M | 2.2M | 1.4M | 2M | 1.9M | 2.1M |
| Cost of revenue | — | — | — | — | — | — | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — | — | — | — | — | — | — |
| Gross margin | — | — | — | — | — | — | — | — | — | — | — | — |
| Research & development | 19.3M | 14.2M | 12.4M | 7.1M | 9.3M | 10.2M | 8.3M | 5M | 5.7M | 7.7M | 7.1M | 6.7M |
| Selling, general & administrative | 19.6M | 14.3M | 15.4M | 14.2M | 13.4M | 14.4M | 13.2M | 17M | 11.8M | 14.3M | 12.7M | 14.4M |
| Operating expenses | 38.8M | 35M | 27.8M | 21.3M | 30.5M | 24.8M | 21M | 33.1M | 17.5M | 21.7M | 16.4M | 20.9M |
| Operating income | -37.5M | -26.3M | -25.9M | -19.3M | -19.2M | -22.2M | -19M | -19.8M | -16.1M | -20M | -14.5M | -18.7M |
| Operating margin | -2.9K% | -1.2K% | -1.4K% | -966.6% | -534.4% | -932.8% | -945% | -890.6% | -1.1K% | -1K% | -745.9% | -876.1% |
| Non-operating income, net | 15.1M | 4.7M | 3.2M | 1.2M | 641K | 1.6M | 1.6M | 2.3M | 3.6M | 1.5M | 801K | -277K |
| Pretax income | -25.3M | -25.6M | -26.6M | -22.1M | -22.7M | -26M | -21.3M | -21.5M | -16.9M | -24.6M | -18.6M | -22M |
| Income tax | -730K | 74K | -98K | -65K | -62K | -80K | -45K | -52K | -55K | -71K | -46K | -40K |
| Net income | -24.5M | -25.7M | -26.5M | -22.1M | -22.6M | -25.9M | -21.3M | -21.5M | -16.9M | -24.5M | -18.6M | -21.9M |
| Net margin | -1.9K% | -1.1K% | -1.4K% | -1.1K% | -630.1% | -1.1K% | -1.1K% | -964.7% | -1.2K% | -1.2K% | -959.3% | -1K% |
| EBITDA | -37.5M | -26.3M | -24.8M | -18.2M | -18.1M | -22.4M | -17.9M | -18.3M | -14.9M | -20M | -13.5M | -17M |
| EPS | -0.4 | -0.42 | -0.42 | — | -0.33 | -0.38 | -31.1 | — | -0.23 | -0.31 | -24 | — |
| Diluted EPS | -0.4 | -0.42 | -0.42 | — | -0.33 | -0.38 | -31.1 | — | -0.23 | -0.31 | -24 | — |
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 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market cap | 669.7M | — | 553.9M | 1.3B | — | 303.2M | — | — | — | — | 1.9B |
| Enterprise value | 662M | — | 585.1M | 1.2B | — | 350.1M | — | — | — | — | 2B |
| Shares outstanding | 42.1M | 49.1M | 52.2M | 55.8M | 63.8M | 68.3M | 77.8M | 98.7M | 120.8M | — | — |
| Metric | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | — | — | — | — | 0.12 |
| P/S | 344.5 | — | 33.1 | 40.2 | — | 29.7 | — | — | — | — | 16.3 |
| P/B | 1.3 | — | 1.15 | 2.31 | — | 0.61 | — | — | — | — | 3.45 |
| EV/EBITDA | -7.61 | — | -7.48 | -17.4 | — | -4.56 | — | — | — | — | -44.6 |
| EV/Sales | 340.5 | — | 35 | 39.2 | — | 34.3 | — | — | — | — | 16.6 |
| Earnings yield | — | — | — | — | — | — | — | — | — | — | 816% |
| FCF yield | -14.3% | — | -10.5% | -4.15% | — | -21.8% | — | — | — | — | -2.76% |
| PEG | — | — | — | — | — | — | — | — | — | — | 33.2 |
| Metric | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross margin | — | 69.7% | — | — | — | — | — | — | 70.2% | 86.1% | 86.1% |
| Operating margin | -4.7K% | -443.1% | -480.9% | -238.5% | -1.4K% | -794.3% | -923.7% | -982.2% | -363.1% | -42.6% | -33.3% |
| Net margin | -4K% | -207.9% | -537% | -246.5% | -1.3K% | -894.6% | -1.1K% | -1.5K% | -593.9% | -47.8% | -47.8% |
| ROE | -14.9% | -6.46% | -18.7% | -14.2% | -17% | -18.4% | -16.3% | -18.3% | -17.1% | -10.1% | -9.86% |
| ROA | -11.7% | -5.1% | -13.8% | -10.6% | -13.3% | -13.8% | -12.2% | -13.1% | -13% | -7.44% | -4.11% |
| ROIC | -17.8% | -13.2% | -15.7% | -14.5% | -19.5% | -14.9% | -12.7% | -10.8% | -11.1% | -7.9% | -12.7% |
| Return on tangible assets | 14.9% | 7.4% | 17.5% | 18.1% | 23.7% | 18.4% | 16.9% | 18.2% | 28.5% | 16% | 16.9% |
| Metric | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current ratio | 1.73 | 4.21 | 1.41 | 1.51 | 1.57 | 1.36 | 1.95 | 1.18 | 1.99 | 2.43 | 2.44 |
| Quick ratio | 1.73 | 4.21 | 1.41 | 1.51 | 1.57 | 1.36 | 1.95 | 1.18 | 1.77 | 2.09 | 1.95 |
| Debt / equity | — | 0.11 | 0.17 | 0.18 | 0.18 | 0.22 | 0.23 | 0.25 | 0.21 | 0.22 | 0.22 |
| Debt / assets | — | 0.09 | 0.12 | 0.14 | 0.14 | 0.16 | 0.17 | 0.18 | 0.16 | 0.16 | 0.17 |
| Net debt / EBITDA | — | -0.31 | -0.4 | 0.42 | 0.3 | -0.61 | -0.71 | -1.09 | 0.55 | -1.62 | -0.7 |
| Interest coverage | — | -35.1 | -7.17 | -4.94 | -8.3 | -4.3 | -3.22 | -3.27 | -3.68 | -1.86 | -3.51 |
| Effective tax rate | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Metric | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue per share | 0.05 | 0.35 | 0.32 | 0.57 | 0.12 | 0.15 | 0.1 | 0.06 | 0.14 | — | 0.93 |
| EPS (basic) | -1.82 | -0.72 | -1.72 | -1.4 | -1.55 | -133.8 | -105.3 | -89.1 | -0.85 | — | — |
| EPS (diluted) | -1.82 | -0.72 | -1.72 | -1.4 | -1.55 | -133.8 | -105.3 | -89.1 | -0.85 | — | -0.44 |
| Book value per share | 12.3 | 11.1 | 9.22 | 9.85 | 9.11 | 7.28 | 6.45 | 4.87 | 4.95 | — | 4.38 |
| FCF per share | -2.27 | -1.53 | -1.11 | -0.94 | -1.6 | -0.97 | -0.82 | -0.49 | -0.42 | — | -0.04 |
| Cash per share | 0.18 | 0.76 | 0.96 | 2.31 | 2.14 | 0.88 | 0.91 | 0.63 | 1.33 | — | 0.79 |
| Capex per share | 0.01 | 0 | 0.01 | 0.04 | 0.03 | 0 | 0 | 0 | — | — | — |
| Metric | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Capex / revenue | 16% | 1.18% | 1.67% | 6.63% | 22.2% | 1.54% | 3.52% | 4.59% | — | — | 4.24% |
| Capex / operating cash flow | -0.39% | -0.28% | -0.47% | -3.85% | -1.75% | -0.24% | -0.4% | -0.75% | — | — | -0.48% |
| Payout ratio | — | — | — | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Dividend yield | — | — | — | 0% | — | 0% | — | — | — | — | — |
| — |
| FY22 | — | -$133.8 | — | — | $10.2M | — |
| FY21 | — | -$1.55 | — | — | $7.4M | — |
| FY20 | — | -$1.4 | — | — | $31.6M | — |
| FY19 | — | -$1.72 | — | — | $16.7M | — |
| FY18 | — | -$0.72 | — | — | $17M | — |
| FY17 | — | -$1.82 | — | — | $1.9M | — |
| Period | Q1 21 | Q2 21 | Q3 21 | Q4 21 | Q1 22 | Q2 22 | Q3 22 | Q4 22 | Q1 23 | Q2 23 | Q3 23 | Q4 23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.3M | $2.2M | $1.9M | $2M | $3.6M | $2.4M | $2M | $2.2M | $1.4M | $2M | $1.9M | $2.1M |
| YoY change | -92.3% | +13.6% | -84.2% | +188.4% | +175.4% | +6.53% | +5.12% | +11.4% | -59.8% | -16.9% | -3.58% | -3.82% |
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 | FY26 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 7.7M | 37.2M | 50M | 128.9M | 136.4M | 60M | 70.9M | 62.6M | 161.2M | 47.4M |
| Receivables | 474K | 6.6M | 1.7M | 678K | 2M | 2.2M | 2.3M | 1.4M | 13.9M | 57.1M |
| Inventory | — | — | — | — | — | — | — | — | 22.2M | 28.1M |
| Total current assets | 63.6M | 101.1M | 62.5M | 136.5M | 148.2M | 69.8M | 81.7M | 86.5M | 204.3M | 197.5M |
| Property, plant & equipment | 1.8M | 1.1M | 826K | 5M | 3.5M | 8K | -3.5M | -5.3M | -1.3M | 1.2M |
| Goodwill & intangibles | 1.2B | 1.2B | 1.2B | 1.2B | 1.2B | 1.2B | 1.2B | 1.2B | 1.1B | 1.1B |
| Total assets | 655.7M | 692.4M | 652.1M | 733.6M | 744.7M | 662.1M | 669.4M | 669.2M | 784.7M | 773.1M |
| Accounts payable | 21.8M | 18.9M | 13.1M | 25M | 19.6M | 23.1M | 20.1M | 7.1M | 19.1M | 34.5M |
| Short-term debt | — | — | 14M | 36M | 56M | 8.2M | 10M | 16.5M | 56.8M | 13.6M |
| Total current liabilities | 36.7M | 24M | 44.3M | 90.1M | 94.3M | 51.4M | 42M | 73.2M | 102.6M | 81.1M |
| Long-term debt | — | 59.4M | 67.3M | 63.3M | 49.5M | 98.7M | 106.5M | 102.4M | 71.3M | 113.7M |
| Total liabilities | 138.9M | 146.4M | 171.1M | 184.3M | 163.3M | 165.1M | 167.6M | 188.8M | 187.2M | 204.7M |
| Shareholders' equity | 516.8M | 546M | 481.1M | 549.3M | 581.4M | 497M | 501.8M | 480.4M | 597.4M | 568.4M |
| Total debt | — | 59.4M | 81.3M | 99.3M | 105.5M | 106.9M | 116.5M | 118.9M | 128.2M | 127.3M |
| Net debt | — | 22.2M | 31.3M | -29.6M | -30.9M | 46.9M | 45.6M | 56.4M | -33M | 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 | Q1 21 | Q2 21 | Q3 21 | Q4 21 | Q1 22 | Q2 22 | Q3 22 | Q4 22 | Q1 23 | Q2 23 | Q3 23 | Q4 23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 108.1M | 77.1M | 157.8M | 136.4M | 116M | 94.4M | 76.3M | 60M | 85.1M | 67.2M | 48.6M | 70.9M |
| Receivables | 2.4M | 2.2M | 2M | 2M | 5.6M | 2.4M | 2M | 2.2M | 1.4M | 2M | 1.9M | 2.3M |
| Inventory | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 115.7M | 90.5M | 169.8M | 148.2M | 126.2M | 108.8M | 88.1M | 69.8M | 93M | 78.1M | 61.4M | 81.7M |
| Property, plant & equipment | 10.3M | 10.4M | 10.2M | 3.5M | 11.2M | 11.5M | 10.6M | 8K | 9.5M | 8.2M | 7.1M | -3.5M |
| Goodwill & intangibles | 1.2B | 1.2B | 1.2B | 1.2B | 1.2B | 1.2B | 1.2B | 1.2B | 1.2B | 1.2B | 1.2B | 1.2B |
| Total assets | 712.6M | 687.3M | 766.1M | 744.7M | 721.8M | 704.4M | 681.7M | 662.1M | 684.5M | 668.1M | 650.4M | 669.4M |
| Accounts payable | 27.6M | 28.6M | 24.3M | 19.6M | 16.3M | 20.9M | 19M | 23.1M | 17.7M | 23M | 21M | 20.1M |
| Short-term debt | 37.9M | 44.1M | 55.5M | 56M | 57M | 8.7M | 8M | 8.2M | 9.1M | 9.8M | 10.9M | 10M |
| Total current liabilities | 87.7M | 91M | 98.5M | 94.3M | 92.9M | 58M | 52.2M | 51.4M | 48.8M | 54.6M | 53.9M | 42M |
| Long-term debt | 63.1M | 55.6M | 46.3M | 49.5M | 50.2M | 94.5M | 96.7M | 98.7M | 100.5M | 102M | 103.7M | 106.5M |
| Total liabilities | 174.1M | 168.6M | 165.2M | 163.3M | 162.1M | 168.9M | 164.6M | 165.1M | 161.7M | 168.1M | 168.3M | 167.6M |
| Shareholders' equity | 538.5M | 518.7M | 600.9M | 581.4M | 559.7M | 535.5M | 517.1M | 497M | 522.8M | 500M | 482.2M | 501.8M |
| Total debt | 101M | 99.7M | 101.8M | 105.5M | 107.2M | 103.2M | 104.7M | 106.9M | 109.6M | 111.8M | 114.6M | 116.5M |
| Net debt | -7.1M | 22.7M | -56M | -30.9M | -8.8M | 8.8M | 28.3M | 46.9M | 24.5M | 44.6M | 66.2M | 45.6M |
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 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net income | -76.8M | -35.3M | -89.8M | -77.9M | -98.8M | -91.3M | -81.9M | -88M | -102.1M | — |
| Depreciation & amortization | 3.1M | 2.6M | 2.1M | 3.7M | 4.3M | 4.4M | 4.1M | 4.7M | 6.4M | — |
| Stock-based compensation | 5.3M | 6.2M | 4.4M | 7.5M | 12.5M | 5.5M | 3.7M | 5.9M | 22.1M | — |
| Change in working capital | 2.2M | -6M | 19.2M | -5.1M | -3.1M | -1.5M | -3.7M | 8.9M | -11.8M | — |
| Operating cash flow | -79.6M | -71.9M | -58.9M | -54.5M | -94M | -66.8M | -66.7M | -36.2M | -50M | — |
| Capital expenditure | -311K | -201K | -279K | -2.1M | -1.6M | -157K | -264K | -271K | — | — |
| Investing cash flow | 142K | -2.1M | -1.7M | -4.2M | -1.6M | -157K | -24K | -37K | 850K | -125K |
| Dividends paid | — | — | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share repurchases | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | 60M | 68.6M | 71.6M | 137M | 101.5M | -11.9M | 80.5M | 46M | 145.8M | -9.2M |
| Net change in cash | -19.4M | -5.4M | 11M | 78.4M | 5.9M | -78.8M | 13.8M | 9.7M | 96.7M | -9.3M |
| Free cash flow | -95.8M | -75.2M | -58.1M | -52.7M | -102.4M | -66M | -63.6M | -48.8M | -50.7M | -44.7M |
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 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 | Q3 26 | Q4 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation & amortization | — | — | — | — | — | — | — | — | — | — | — | — |
| Stock-based compensation | — | — | — | — | — | — | — | — | — | — | — | — |
| Change in working capital | — | — | — | — | — | — | — | — | — | — | — | — |
| Operating cash flow | — | — | — | — | — | — | — | — | — | — | — | — |
| Capital expenditure | -175K | 97K | -41K | -36K | -39K | -67K | -75K | — | — | — | — | — |
| Investing cash flow | -117K | 97K | 19K | 198K | 23K | 604K | -16K | 58K | 39K | -289K | 0 | -125K |
| Dividends paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | -1.9M | 36.3M | 13.2M | -1.7M | -569K | -2.7M | 153.8M | -3.8M | -1.7M | -305K | -359K | -6.9M |
| Net change in cash | -2M | 36.4M | 13.2M | -1.5M | -546K | -2.1M | 153.8M | -3.8M | -1.6M | -594K | -359K | -7M |
| Free cash flow | -14.4M | -12.3M | -11.7M | -10.3M | -10.6M | -10.2M | -12.8M | -17.1M | -15.3M | -15.6M | -4.5M | -9.3M |