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 | $0.26 | $1.14 | +338.5% | — | $32.8M | — |
| Q1 26 | -$0.55 | -$0.58 | -5.5% | — | $20.8M | — |
| Q4 25 | -$0.02 | -$0.22 | -1000.0% | — | $41.2M | — |
| Q3 25 | -$0.5 | $0.27 | +154.0% | — | $72.8M | — |
| Q2 25 | $0.38 | -$0.57 | -250.0% | — | $22.2M | — |
| Q1 25 | -$0.69 | -$0.65 | +5.8% | — | $13.2M | — |
| Q4 24 | -$0.59 | -$0.82 | -39.0% | — | $17.7M | — |
| Q3 24 | $0.6 | $0.9 | +50.0% | — | $110.7M | — |
| Q2 24 | -$0.59 | -$0.89 | -50.8% | — | $10.8M | — |
| Q1 24 | -$0.64 | -$0.84 | -31.2% | — | $9.1M | — |
| Q4 23 | -$0.17 | -$0.75 | -341.2% | — | $9.2M | — |
| Q3 23 | -$0.1 | $0.28 | +380.0% | — | $10.4M | — |
| Q2 23 | -$0.52 | -$0.69 | -32.7% | — | $13.1M | — |
| Q1 23 | $0.45 | -$0.61 | -235.6% | — | $24.5M | — |
| Q4 22 | $0.1 | $0.21 | +110.0% | — | $71.2M | — |
| Q3 22 | -$0.38 | -$0.4 | -5.3% | — | $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 | — | -$1.18 | — | — | $149.5M | — |
| FY24 | — | -$1.07 | — | — | $148.3M | — |
| FY23 | — | -$0.15 | — | — | $57.2M | — |
| FY22 | — | -$1.95 | — | — | $150M |
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 | $91.9M | $155.5M | $58.6M | $62M | $97.8M | $75.6M | $150M | $57.2M | $148.3M | $149.5M |
| YoY change | -8.9% | +69.3% | -62.3% | +5.76% | +57.6% | -22.6% | +98.3% | -61.9% | +159.4% | +0.78% |
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 | 91.9M | 155.5M | 58.6M | 62M | 97.8M | 75.6M | 150M | 57.2M | 148.3M | 149.5M |
| Cost of revenue | — | — | — | 0 | 0 | 2.7M | 7.4M | 8.2M | 12.3M | 36M |
| Gross profit | — | — | — | 62M | 97.8M | 73M | 142.6M | 49M | 136M | 113.5M |
| Gross margin | — | — | — | 100% | 100% | 96.5% | 95.1% | 85.6% | 91.7% | 75.9% |
| Research & development | 122.1M | 147.2M | 190.8M | 195.3M | 193.2M | 214.6M | 207M | 166.6M | 177.2M | 147.2M |
| Selling, general & administrative | 29.8M | 32.7M | 40.5M | 46.1M | 42.7M | 63M | 58.9M | 52.2M | 71M | 39.2M |
| Operating expenses | 151.9M | 177.7M | 229.8M | 239.2M | 228.8M | 275.8M | 264.1M | 217.2M | 246.6M | 186.3M |
| Operating income | -60M | -22.1M | -171.2M | -177.2M | -131.1M | -202.8M | -121.4M | -168.2M | -110.6M | -72.8M |
| Operating margin | -65.3% | -14.2% | -291.9% | -285.7% | -134.1% | -268.1% | -80.9% | -294.2% | -74.5% | -48.7% |
| Non-operating income, net | 1.5M | 2.5M | -247K | 25.4M | 1.3M | 680K | 1.7M | 150.9M | 36.3M | — |
| Pretax income | -58.5M | -19.6M | -171.5M | -151.8M | -129.7M | -202.1M | -119.8M | -9.1M | -66M | -75.3M |
| Income tax | — | — | — | — | — | — | — | — | 944K | -672K |
| Net income | -58.5M | -19.6M | -171.5M | -151.8M | -129.7M | -202.1M | -119.8M | -9.1M | -67M | -74.6M |
| Net margin | -63.7% | -12.6% | -292.4% | -244.8% | -132.7% | -267.2% | -79.8% | -15.8% | -45.1% | -49.9% |
| EBITDA | -52.4M | -14.9M | -162M | -164.9M | -119.1M | -190.9M | -107.9M | -148.9M | -93.6M | -59.6M |
| EPS | -1.69 | -0.54 | -4.19 | -3.16 | -2.47 | -3.37 | -1.95 | -0.15 | -1.07 | -1.18 |
| Diluted EPS | -1.69 | -0.54 | -4.19 | -3.16 | -2.47 | -3.37 | -1.95 | -0.15 | -1.07 | -1.18 |
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 | 10.4M | 9.2M | 9.1M | 10.8M | 110.7M | 17.7M | 13.2M | 22.2M | 72.8M | 41.2M | 20.8M | 32.8M |
| Cost of revenue | 3.4M | 163K | 2.1M | 2.8M | 1.9M | 5.5M | 5.4M | 8.9M | 11.6M | 10.1M | 9.5M | — |
| Gross profit | 7M | 9M | 7M | 8M | 108.8M | 12.2M | 7.8M | 13.3M | 61.3M | 31.1M | 11.2M | — |
| Gross margin | 67.7% | 98.2% | 76.8% | 73.9% | 98.3% | 69% | 59.1% | 60% | 84.1% | 75.5% | 54.1% | — |
| Research & development | 30.1M | 47.4M | 46M | 51.7M | 40.5M | 38.9M | 39.7M | 40.8M | 32.7M | 34M | 35M | 38.8M |
| Selling, general & administrative | 12.4M | 12.6M | 14.7M | 14.4M | 14.1M | 27.8M | 10.7M | 9.3M | 9.9M | 9.2M | 9.7M | 7.9M |
| Operating expenses | 42.5M | 59.9M | 60.7M | 66.2M | 54.6M | 66.7M | 50.4M | 50.1M | 42.6M | 43.2M | 44.7M | 46.7M |
| Operating income | -35.5M | -49.4M | -53.8M | -58.2M | 54.2M | -52.8M | -42.6M | -36.8M | 18.6M | -12.1M | -33.4M | -13.9M |
| Operating margin | -341.5% | -538.6% | -590.4% | -538.9% | 48.9% | -298% | -323.1% | -165.3% | 25.6% | -29.3% | -161% | -42.2% |
| Non-operating income, net | 50M | 0 | — | — | — | — | — | — | — | — | — | -52.8M |
| Pretax income | 17.6M | -46.1M | -52.2M | -55.7M | 56.3M | -14.5M | -41M | -36.1M | 16.8M | -14.9M | -36.8M | -69.6M |
| Income tax | — | — | — | — | — | — | — | 105K | 0 | -777K | — | 0 |
| Net income | 17.6M | -46.1M | -52.2M | -55.7M | 56.3M | -15.4M | -41M | -36.3M | 16.8M | -14.2M | -36.8M | 19.5M |
| Net margin | 168.8% | -502.7% | -573.3% | -515.6% | 50.9% | -87% | -311.1% | -163% | 23.1% | -34.3% | -177% | 59.4% |
| EBITDA | -30.5M | -44.2M | -49.2M | -53.8M | 58.1M | -48.7M | -39.2M | -33.4M | 22M | -9M | -30.2M | -11.8M |
| EPS | 0.28 | — | -0.84 | -0.89 | 0.9 | — | -0.65 | -0.57 | 0.27 | — | -0.58 | 0.31 |
| Diluted EPS | 0.28 | — | -0.84 | -0.89 | 0.9 | — | -0.65 | -0.57 | 0.27 | — | -0.58 | 0.31 |
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 | 709M | 685.8M | — | — | 1.2B | — | 412.2M | 595.8M | 203.5M | 101.7M | 258.6M |
| Enterprise value | 432M | 380.7M | — | — | 955.6M | — | 292.7M | 399.9M | 39.3M | -51.5M | 100M |
| Shares outstanding | 34.7M | 36.1M | 40.9M | 48.1M | 52.4M | 59.9M | 61.4M | 61.9M | 62.6M | 63.2M | 63.2M |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | — | — | — | — | 25.3 |
| P/S | 7.72 | 4.41 | — | — | 12.3 | — | 2.75 | 10.4 | 1.37 | 0.68 | 1.42 |
| P/B | 2.64 | 2.29 | — | — | 4.05 | — | 2.9 | 3.9 | 1.75 | 1.83 | 5.8 |
| EV/EBITDA | -8.24 | -25.5 | — | — | -8.02 | — | -2.71 | -2.69 | -0.42 | 0.86 | -3.11 |
| EV/Sales | 4.7 | 2.45 | — | — | 9.77 | — | 1.95 | 6.99 | 0.27 | -0.34 | 0.57 |
| Earnings yield | — | — | — | — | — | — | — | — | — | — | 3.95% |
| FCF yield | -7.77% | -2.19% | — | — | -9.83% | — | -22% | -13.4% | -35.4% | -81.6% | -26.8% |
| PEG | — | — | — | — | — | — | — | — | — | — | -0.16 |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross margin | — | — | — | 100% | 100% | 96.5% | 95.1% | 85.6% | 91.7% | 75.9% | 75.9% |
| Operating margin | -65.3% | -14.2% | -291.9% | -285.7% | -134.1% | -268.1% | -80.9% | -294.2% | -74.5% | -48.7% | -42.2% |
| Net margin | -63.7% | -12.6% | -292.4% | -244.8% | -132.7% | -267.2% | -79.8% | -15.8% | -45.1% | -49.9% | -8.33% |
| ROE | -21.8% | -6.56% | -70.6% | -65.8% | -43.8% | -84.3% | -84.3% | -5.94% | -57.7% | -134.2% | -225.8% |
| ROA | -18.8% | -5.25% | -51.6% | -48.6% | -34.3% | -60.3% | -42.7% | -3.04% | -25.6% | -29.1% | -8.05% |
| ROIC | — | — | — | — | — | — | — | — | 229.7% | 74.7% | 74.7% |
| Return on tangible assets | -18.8% | -5.25% | -51.6% | -48.6% | -34.3% | -60.3% | -42.7% | -3.04% | -25.6% | -29.1% | -4.22% |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current ratio | 10.4 | 6.48 | 4.49 | 5.31 | 6.17 | 3.75 | 4.57 | 4.48 | 3.92 | 5.1 | 2.96 |
| Quick ratio | 10.4 | 6.48 | 4.49 | 5.31 | 6.17 | 3.69 | 4.54 | 4.46 | 3.92 | 4.92 | 2.96 |
| Debt / equity | — | — | 0 | 0.13 | 0.1 | 0.11 | 0.25 | 0.22 | 0.32 | 0.66 | 0.82 |
| Debt / assets | — | — | 0 | 0.1 | 0.08 | 0.08 | 0.12 | 0.11 | 0.14 | 0.14 | 0.1 |
| Net debt / EBITDA | — | — | 1.44 | 1.12 | 2.04 | 1.14 | 1.11 | 1.32 | 1.75 | 2.57 | 4.77 |
| Interest coverage | — | — | — | — | — | — | — | -5.33 | -58.2 | -7.85 | -5.19 |
| Effective tax rate | — | — | — | — | — | — | — | — | 0% | 0% | 0% |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue per share | 2.65 | 4.31 | 1.43 | 1.29 | 1.86 | 1.26 | 2.44 | 0.92 | 2.37 | 2.37 | 2.76 |
| EPS (basic) | -1.69 | -0.54 | -4.19 | -3.16 | -2.47 | -3.37 | -1.95 | -0.15 | -1.07 | -1.18 | -1.18 |
| EPS (diluted) | -1.69 | -0.54 | -4.19 | -3.16 | -2.47 | -3.37 | -1.95 | -0.15 | -1.07 | -1.18 | -1.59 |
| Book value per share | 7.75 | 8.29 | 5.93 | 4.8 | 5.64 | 4 | 2.31 | 2.46 | 1.85 | 0.88 | 0.67 |
| FCF per share | -1.59 | -0.42 | -4.35 | -2.88 | -2.25 | -2.5 | -1.47 | -1.29 | -1.15 | -1.31 | -1.03 |
| Cash per share | 7.99 | 8.45 | 5.69 | 4.49 | 5.2 | 4.06 | 2.51 | 3.71 | 3.22 | 3.01 | 2.72 |
| Capex per share | 0.33 | 0.81 | 0.61 | 0.09 | 0.11 | 0.1 | 0.06 | 0.03 | 0.06 | — | — |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Capex / revenue | 12.4% | 18.9% | 42.6% | 6.92% | 6.04% | 8.2% | 2.42% | 2.97% | 2.39% | — | — |
| Capex / operating cash flow | -24.4% | 2.4K% | -16.4% | -3.52% | -5.26% | -4.41% | -3.87% | -2.47% | -10.8% | — | — |
| Payout ratio | — | — | — | — | — | — | — | — | — | — | 0% |
| — |
| FY21 | — | -$3.37 | — | — | $75.6M | — |
| FY20 | — | -$2.47 | — | — | $97.8M | — |
| FY19 | — | -$3.16 | — | — | $62M | — |
| FY18 | — | -$4.19 | — | — | $58.6M | — |
| FY17 | — | -$0.54 | — | — | $155.5M | — |
| FY16 | — | -$1.69 | — | — | $91.9M | — |
| 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 | $10.4M | $9.2M | $9.1M | $10.8M | $110.7M | $17.7M | $13.2M | $22.2M | $72.8M | $41.2M | $20.8M | $32.8M |
| YoY change | -75.1% | -87.1% | -62.8% | -17.8% | +964.8% | +93.5% | +44.9% | +106% | -34.2% | +132.5% | +57.5% | +47.6% |
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 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 277M | 305.1M | 232.9M | 215.8M | 272.5M | 243.6M | 154.3M | 229.8M | 201.7M | 189.9M |
| Receivables | 2.8M | 13.6M | 29.6M | 12.7M | 23.1M | 10.4M | 56.2M | 10.4M | 4.3M | 13.4M |
| Inventory | — | — | — | — | 0 | 4.4M | 1.5M | 1.2M | 0 | 7.9M |
| Total current assets | 283.9M | 322.3M | 269.1M | 239.8M | 312.6M | 279.6M | 222.2M | 251.3M | 217.5M | 219.9M |
| Property, plant & equipment | 18M | 50M | 56.7M | 48.2M | 42.2M | 54.3M | 56.9M | 45.7M | 42.6M | 35.5M |
| Goodwill & intangibles | — | — | — | — | — | — | — | — | — | — |
| Total assets | 311.3M | 373.9M | 332.1M | 312.5M | 378.7M | 335.2M | 280.5M | 298.4M | 261.7M | 256.8M |
| Accounts payable | 4M | 2.5M | 4M | 4.3M | 8M | 15.5M | 4.9M | 6.4M | 5M | 4.8M |
| Short-term debt | — | — | — | 3M | 4M | 4.7M | 4.7M | 3.8M | 4.9M | 5.2M |
| Total current liabilities | 27.3M | 49.8M | 59.9M | 45.2M | 50.7M | 74.6M | 48.6M | 56.1M | 55.5M | 43.1M |
| Long-term debt | — | — | 0 | 27.6M | 25.3M | 20.8M | 30.1M | 30.2M | 32.6M | 31.6M |
| Total liabilities | 42.5M | 74.6M | 89.3M | 81.9M | 82.9M | 95.6M | 138.5M | 145.8M | 145.6M | 201.3M |
| Shareholders' equity | 268.8M | 299.2M | 242.9M | 230.6M | 295.9M | 239.6M | 142M | 152.6M | 116.1M | 55.6M |
| Total debt | — | — | 0 | 30.6M | 29.2M | 25.5M | 34.8M | 34M | 37.5M | 36.8M |
| Net debt | — | — | -220.1M | -95.9M | -151.9M | -98M | -74.1M | -67M | -145.4M | -20.5M |
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 | 256.4M | 229.8M | 184.2M | 140.4M | 200.4M | 201.7M | 154.1M | 176.5M | 146.4M | 189.9M | 154.2M | 173.3M |
| Receivables | 25.3M | 10.4M | 7.2M | 6.2M | 8.8M | 4.3M | 10.5M | 12.5M | 69.2M | 13.4M | 10.4M | 24.6M |
| Inventory | 1.1M | 1.2M | 1.2M | 1.1M | 3.2M | 0 | 9.4M | 9.3M | 8.8M | 7.9M | 9.5M | — |
| Total current assets | 291.3M | 251.3M | 202.6M | 157M | 222.2M | 217.5M | 182.1M | 204.9M | 232.1M | 219.9M | 182.5M | 321.7M |
| Property, plant & equipment | 47.3M | 45.7M | 44.5M | 43M | 41.1M | 42.6M | 41M | 39.1M | 37.3M | 35.5M | 34M | 23.5M |
| Goodwill & intangibles | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | 340M | 298.4M | 248.3M | 201.1M | 264.5M | 261.7M | 224.6M | 245.4M | 270.8M | 256.8M | 217.9M | 345.4M |
| Accounts payable | 3.3M | 6.4M | 10.7M | 5.2M | 6.6M | 5M | 6.6M | 4.7M | 5.9M | 4.8M | 4.3M | 3.4M |
| Short-term debt | 3.9M | 3.8M | 4.1M | 4.4M | 4.7M | 4.9M | 5.4M | 5.1M | 5.1M | 5.2M | 5.2M | 5M |
| Total current liabilities | 51.3M | 56.1M | 55.8M | 57.9M | 59.3M | 55.5M | 55.4M | 39M | 44.5M | 43.1M | 95.9M | 108.8M |
| Long-term debt | 30.2M | 30.2M | 29.9M | 29.7M | 29.4M | 32.6M | 32.1M | 32.1M | 31.9M | 31.6M | 31.3M | 30.1M |
| Total liabilities | 146M | 145.8M | 142.1M | 143.3M | 144.4M | 145.6M | 145.4M | 198.8M | 203.8M | 201.3M | 196.7M | 302.5M |
| Shareholders' equity | 194M | 152.6M | 106.2M | 57.8M | 120.1M | 116.1M | 79.1M | 46.6M | 67M | 55.6M | 21.2M | 42.9M |
| Total debt | 34.1M | 34M | 34M | 34.1M | 34.1M | 37.5M | 37.5M | 37.2M | 37M | 36.8M | 36.5M | 35.1M |
| Net debt | -55.8M | -67M | -46.3M | -49.9M | -145.5M | -145.4M | -108.1M | -93.4M | -43.1M | -20.5M | -30M | -78.8M |
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 | -58.5M | -19.6M | -171.5M | -151.8M | -129.7M | -202.1M | -119.8M | -9.1M | -67M | -74.6M |
| Depreciation & amortization | 7.6M | 7.2M | 9.2M | 12.3M | 12M | 11.3M | 11.9M | 9.6M | 7.5M | 7.2M |
| Stock-based compensation | 12.2M | 14.7M | 16.5M | 19.6M | 20.7M | 23.1M | 20.4M | 18.4M | 29.4M | 14.3M |
| Change in working capital | -7.9M | -1.1M | -6.5M | -1.9M | -15.2M | 22.4M | -12.5M | 57.9M | -2M | -24.3M |
| Operating cash flow | -46.7M | 1.2M | -152.3M | -121.9M | -112.4M | -140.6M | -93.7M | -68.7M | -32.7M | -81M |
| Capital expenditure | -11.4M | -29.4M | -25M | -4.3M | -5.9M | -6.2M | -3.6M | -1.7M | -3.5M | — |
| Investing cash flow | -70.2M | 77.9M | 56.6M | -79.4M | -7.8M | -36.6M | 70.7M | -80.1M | 149.3M | -112.2M |
| Dividends paid | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | -39K | -40K | -260K | 0 | -2M | — | — | — | — | — |
| Financing cash flow | -39K | 34.2M | 103M | 118.7M | 168.4M | 117.8M | 1.1M | 149.8M | -2.5M | 69.4M |
| Net change in cash | -116.9M | 113.3M | 7.3M | -82.6M | 48.3M | -59.4M | -21.9M | 1M | 114.1M | -123.8M |
| Free cash flow | -55.1M | -15M | -178.2M | -138.6M | -117.8M | -150M | -90.6M | -80M | -72.1M | -83M |
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 | 17.6M | -46.1M | -52.2M | -55.7M | 56.3M | -15.4M | -41M | -36.3M | 16.8M | -14.2M | -36.8M | 19.5M |
| Depreciation & amortization | 1.9M | 1.9M | 1.8M | 1.8M | 1.8M | 2.1M | 1.8M | 1.9M | 1.8M | 1.7M | 1.7M | 708K |
| Stock-based compensation | 4.8M | 4.4M | 5.6M | 6.7M | 6M | 11.3M | 4.4M | 3.7M | 3.5M | 2.7M | 2.6M | 2M |
| Change in working capital | -1.9M | 12.9M | 5.7M | -3.9M | -3.7M | 149K | -14.6M | -11.8M | -52.9M | 55.3M | 1.6M | -29.6M |
| Operating cash flow | -29.4M | -23.4M | -38.5M | -50.5M | 61M | -4.5M | -49.1M | -47M | -30.2M | 43M | -35.8M | -40.7M |
| Capital expenditure | -489K | -620K | -1.5M | -955K | -512K | -620K | -529K | — | — | — | — | — |
| Investing cash flow | -33.5M | 38.8M | 24.8M | 47.4M | 35.6M | 1.5M | 9.9M | -36.9M | -19.9M | -65.8M | 45.7M | 28.8M |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | 49.9M | -1K | -2.4M | -6K | -74K | -4K | -282K | 69.7M | 0 | -6K | -218K | 60M |
| Net change in cash | -13M | 15.4M | -16.1M | -3.1M | 96.5M | -3M | -39.5M | -14.2M | -50.1M | -22.7M | 9.6M | 48M |
| Free cash flow | -35.7M | -28.7M | -47.1M | -45.5M | 59.6M | -39M | -47.4M | -47.7M | -30.6M | 42.8M | -36.2M | -41.6M |