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 | -$0.15 | -$0.39 | -160.0% | — | $1.1M | — |
| Q1 26 | -$0.15 | -$0.08 | +46.7% | — | $995K | — |
| Q4 25 | -$0.13 | -$0.5 | -284.6% | — | $945K | — |
| Q3 25 | -$0.14 | -$0.12 | +14.3% | — | $887K | — |
| Q2 25 | -$0.13 | -$0.48 | -269.2% | — | $1.2M | — |
| Q1 25 | -$0.13 | -$0.45 | -246.2% | — | $1.5M | — |
| Q4 24 | -$0.14 | -$0.25 | -78.6% | — | $1.9M | — |
| Q3 24 | -$0.15 | -$0.11 | +26.7% | — | $1.6M | — |
| Q2 24 | -$0.14 | -$0.21 | -50.0% | — | $1.1M | — |
| Q1 24 | -$0.14 | -$0.28 | -100.0% | — | $1M | — |
| Q4 23 | -$0.14 | -$0.15 | -7.1% | — | $1.2M | — |
| Q3 23 | -$0.13 | -$0.21 | -61.5% | — | $1M | — |
| Q2 23 | -$0.14 | -$0.15 | -7.1% | — | $800K | — |
| Q1 23 | -$0.17 | -$0.15 | +11.8% | — | $830K | — |
| Q4 22 | -$0.16 | -$0.13 | +18.8% | — | $803K | — |
| Q3 22 | -$0.15 | -$0.18 | -20.0% | — | $503K | — |
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 | — | -$1.42 | — | — | $4.6M | — |
| FY24 | — | -$0.84 | — | — | $5.7M | — |
| FY23 | — | -$0.66 | — | — | $3.9M | — |
| FY22 | — | -$0.4 | — | — | $3.9M | — |
| FY21 | — | -$6.73 | — |
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 | $569K | $763K | $3.9M | $3.9M | $5.7M | $4.6M |
| YoY change | — | +34.1% | +414.5% | -1.63% | +46.8% | -19.3% |
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 | 569K | 763K | 3.9M | 3.9M | 5.7M | 4.6M |
| Cost of revenue | 7.8M | 18.4M | 11.8M | 12.7M | 10.8M | 8.5M |
| Gross profit | -7.2M | -17.6M | -7.9M | -8.9M | -5.1M | -4M |
| Gross margin | -1.3K% | -2.3K% | -200.7% | -230% | -90.1% | -86.7% |
| Research & development | 8.8M | 9.5M | 17.1M | 19.5M | 16.2M | 19M |
| Selling, general & administrative | 13.3M | 13.6M | 36.9M | 30.3M | 33.5M | 39.6M |
| Operating expenses | 22M | 23M | 54M | 49.8M | 49.8M | 58.5M |
| Operating income | -29.5M | -42.4M | -65.5M | -63.5M | -60.1M | -70.2M |
| Operating margin | -5.2K% | -5.6K% | -1.7K% | -1.6K% | -1.1K% | -1.5K% |
| Non-operating income, net | -97.8M | -84.3M | 24.5M | -4.3M | -32.2M | -106.4M |
| Pretax income | -137.3M | -144.6M | -40.1M | -71.5M | -101.7M | -189.1M |
| Income tax | 38K | 52K | -28K | 221K | 173K | 198K |
| Net income | -137.3M | -144.7M | -40.1M | -71.7M | -101.9M | -189.3M |
| Net margin | -24.1K% | -19K% | -1K% | -1.9K% | -1.8K% | -4.1K% |
| EBITDA | -29.4M | 43.7M | -86.5M | -54.6M | -21.7M | 34.8M |
| EPS | -1.78 | -6.73 | -0.4 | -0.66 | -0.84 | -1.42 |
| Diluted EPS | -1.78 | -6.73 | -0.4 | -0.66 | -0.84 | -1.42 |
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 | 1M | 1.2M | 1M | 1.1M | 1.6M | 1.9M | 1.5M | 1.2M | 887K | 945K | 995K | 1.1M |
| Cost of revenue | 3.2M | 3.3M | 2.8M | 2.9M | 2.6M | 2.5M | 2.5M | 2M | 2M | 1.9M | 2.1M | 2.1M |
| Gross profit | -2.2M | -2.1M | -1.7M | -1.8M | -978K | -596K | -994K | -833K | -1.2M | -986K | -1.1M | -905K |
| Gross margin | -214.7% | -177.7% | -164% | -164.6% | -60.9% | -31.2% | -64.6% | -69.3% | -130.1% | -104.3% | -113.3% | -78.7% |
| Research & development | 5M | 4.9M | 4.7M | 4.1M | 3.5M | 3.9M | 4M | 4.8M | 5.2M | 4.9M | 5.9M | 5.5M |
| Selling, general & administrative | 6.2M | 11.6M | 8.4M | 8.1M | 8M | 8.9M | 10.5M | 10.2M | 10M | 8.8M | 10.7M | 12.6M |
| Operating expenses | 11.2M | 16.5M | 13.1M | 12.2M | 11.6M | 12.9M | 14.6M | 15.1M | 15.2M | 13.7M | 16.7M | 18M |
| Operating income | -14.6M | -19.9M | -16.1M | -15.3M | -13.9M | -14.8M | -17M | -17.2M | -19.9M | -16.1M | -19.3M | -20.2M |
| Operating margin | -1.4K% | -1.7K% | -1.5K% | -1.4K% | -862% | -772.6% | -1.1K% | -1.4K% | -2.2K% | -1.7K% | -1.9K% | -1.8K% |
| Non-operating income, net | -6.8M | 5.6M | -13.2M | -6.7M | 2.5M | -14.8M | -38.8M | -42.9M | 23.6M | -48.3M | 12.7M | -10.4M |
| Pretax income | -23.2M | -16.3M | -31.6M | -24.3M | -13.6M | -32.2M | -58.5M | -63.2M | 529K | -67.9M | -10.6M | -33.7M |
| Income tax | 24K | 62K | 44K | 68K | 26K | 35K | 58K | 42K | 46K | 52K | 56K | 60K |
| Net income | -23.2M | -16.4M | -31.6M | -24.4M | -13.6M | -32.3M | -58.6M | -63.2M | 483K | -68M | -10.6M | -33.8M |
| Net margin | -2.3K% | -1.4K% | -3K% | -2.2K% | -846.9% | -1.7K% | -3.8K% | -5.3K% | 54.5% | -7.2K% | -1.1K% | -2.9K% |
| EBITDA | -13.5M | -14.4M | -1.7M | -5.5M | -12.2M | 17.6M | 17.4M | -19.3M | -16.3M | 91.9M | -30.4M | -19M |
| EPS | -0.21 | — | -0.28 | -0.21 | -0.11 | — | -0.45 | -0.48 | 0 | — | -0.08 | -0.24 |
| Diluted EPS | -0.21 | — | -0.28 | -0.21 | -0.11 | — | -0.45 | -0.48 | -0.12 | — | -0.12 | -0.24 |
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 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Market cap | 960.5M | — | — | 480.5M | — | 2.2B | 2.4B |
| Enterprise value | 1B | — | — | 460.8M | — | 2.3B | 2.2B |
| Shares outstanding | 95.5M | 23.6M | 101M | 108M | 121.5M | 132.9M | 132.9M |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | -10 |
| P/S | 1.7K | — | — | 124.4 | — | 483.5 | 610.4 |
| P/B | -1.96 | — | — | 6 | — | -25.6 | 7.18 |
| EV/EBITDA | -34.4 | — | — | -8.44 | — | 67.4 | -32.4 |
| EV/Sales | 1.8K | — | — | 119.3 | — | 513.3 | 555.7 |
| Earnings yield | — | — | — | — | — | — | -9.97% |
| FCF yield | -3.7% | — | — | -8.15% | — | -2.32% | -3.81% |
| PEG | — | — | — | — | — | — | 0.2 |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Gross margin | -1.3K% | -2.3K% | -200.7% | -230% | -90.1% | -86.7% | -78.7% |
| Operating margin | -5.2K% | -5.6K% | -1.7K% | -1.6K% | -1.1K% | -1.5K% | -1.8K% |
| Net margin | -24.1K% | -19K% | -1K% | -1.9K% | -1.8K% | -4.1K% | -86.7% |
| ROE | 28% | -144.7% | -38.6% | -89.6% | -203.3% | 219.5% | -77.9% |
| ROA | -305.9% | -105.7% | -32.4% | -44.2% | -63% | -76.6% | -14.1% |
| ROIC | 6.69% | 35.7K% | -116.5% | -105.2% | -145% | -139.8% | -63.6% |
| Return on tangible assets | -375.1% | -112.5% | -59% | -68.3% | -93.8% | -152.2% | -41.7% |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Current ratio | 4.26 | 15.9 | 6.89 | 9.31 | 7.09 | 12.7 | 25.6 |
| Quick ratio | 4.26 | 15.9 | 6.89 | 9.31 | 7.09 | 12.7 | 25.6 |
| Debt / equity | -0.12 | 0 | 0.08 | 0.83 | 1.43 | -3.35 | 0.04 |
| Debt / assets | 1.31 | 0 | 0.06 | 0.41 | 0.44 | 1.17 | 0.03 |
| Net debt / EBITDA | -1.71 | -2.29 | 0.55 | 0.36 | 0.4 | 3.92 | -8.25 |
| Interest coverage | -12.7 | -2.38 | — | — | — | — | — |
| Effective tax rate | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Revenue per share | 0.01 | 0.03 | 0.04 | 0.04 | 0.05 | 0.03 | 0.03 |
| EPS (basic) | -1.78 | -6.73 | -0.4 | -0.66 | -0.84 | -1.42 | -1.42 |
| EPS (diluted) | -1.78 | -6.73 | -0.4 | -0.66 | -0.84 | -1.42 | -0.82 |
| Book value per share | -5.14 | 4.24 | 1.03 | 0.74 | 0.41 | -0.65 | 2 |
| FCF per share | -0.37 | -2.09 | -0.4 | -0.36 | -0.32 | -0.39 | -0.38 |
| Cash per share | 0.09 | 4.25 | 0.55 | 0.79 | 0.66 | 1.15 | 1.36 |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Payout ratio | — | — | — | — | — | — | 0% |
| — |
| $763K |
| — |
| FY20 | — | -$1.78 | — | — | $569K | — |
| Q4 24 |
|---|
| Q1 25 |
|---|
| Q2 25 |
|---|
| Q3 25 |
|---|
| Q4 25 |
|---|
| Q1 26 |
|---|
| Q2 26 |
|---|
| Revenue | $1M | $1.2M | $1M | $1.1M | $1.6M | $1.9M | $1.5M | $1.2M | $887K | $945K | $995K | $1.1M |
| YoY change | +104.2% | +50.1% | +26% | +38.1% | +56.5% | +58.6% | +47.1% | +8.78% | -44.8% | -50.5% | -35.3% | -4.33% |
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 | 8.7M | 100.1M | 55.4M | 85.8M | 80.1M | 152.1M |
| Receivables | 77K | 1.7M | 2.2M | 2.3M | 3.3M | 2.3M |
| Inventory | — | — | — | — | — | — |
| Total current assets | 18.1M | 106.3M | 61.2M | 91.2M | 86M | 157.4M |
| Property, plant & equipment | 5.7M | 21.8M | 32.9M | 40.8M | 35.3M | 26.6M |
| Goodwill & intangibles | 8.3M | 8.2M | 55.8M | 57.2M | 53.1M | 122.7M |
| Total assets | 44.9M | 136.8M | 123.8M | 162.2M | 161.7M | 247M |
| Accounts payable | 680K | 448K | 1M | 391K | 858K | 661K |
| Short-term debt | — | — | 2.5M | 2.5M | 2.5M | 2.7M |
| Total current liabilities | 4.2M | 6.7M | 8.9M | 9.8M | 12.1M | 12.4M |
| Long-term debt | 58.9M | 0 | 5.3M | 63.6M | 69M | 285.9M |
| Total liabilities | 535.3M | 36.9M | 19.9M | 82.1M | 111.6M | 333.3M |
| Shareholders' equity | -490.4M | 100M | 103.9M | 80.1M | 50.1M | -86.2M |
| Total debt | 58.9M | 0 | 7.8M | 66.1M | 71.4M | 288.6M |
| Net debt | 50.2M | -100.1M | -39.4M | -15.8M | 32.1M | 243.8M |
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 | 97.1M | 85.8M | 79.2M | 86.3M | 86.8M | 80.1M | 188.4M | 176.1M | 167.6M | 152.1M | 143M | 228.8M |
| Receivables | 2.7M | 2.3M | 1.5M | 2.2M | 2.2M | 3.3M | 1.6M | 2.2M | 1.4M | 2.3M | 1.4M | 2.1M |
| Inventory | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 102.2M | 91.2M | 96.8M | 104.2M | 104.4M | 86M | 193.5M | 182M | 172.3M | 157.4M | 147.9M | 303.8M |
| Property, plant & equipment | 41.8M | 40.8M | 39.3M | 39.1M | 37.6M | 35.3M | 34.3M | 32.4M | 28.4M | 26.6M | 25.6M | 23.4M |
| Goodwill & intangibles | 55.2M | 57.2M | 55.9M | 55.2M | 56.7M | 53.1M | 54.2M | 57.5M | 123M | 122.7M | 121.2M | 120.7M |
| Total assets | 173.1M | 162.2M | 165.6M | 172.3M | 171.7M | 161.7M | 268.6M | 256.7M | 263.1M | 247M | 235.6M | 389.1M |
| Accounts payable | 916K | 391K | 1.3M | 1.1M | 918K | 858K | 1.1M | 1.6M | 837K | 661K | 1.5M | 958K |
| Short-term debt | 2.6M | 2.5M | 2.4M | 2.4M | 2.5M | 2.5M | 2.8M | 2.8M | 2.8M | 2.7M | 2.5M | 2.4M |
| Total current liabilities | 11.2M | 9.8M | 24.1M | 17.6M | 20.8M | 12.1M | 11.5M | 12.2M | 14.9M | 12.4M | 14.1M | 11.9M |
| Long-term debt | 62.1M | 63.6M | 64.9M | 67.4M | 68.4M | 69M | 227.3M | 259.8M | 243M | 285.9M | 279M | 10.8M |
| Total liabilities | 89M | 82.1M | 108.4M | 108.5M | 106.1M | 111.6M | 262M | 304M | 285.2M | 333.3M | 325.6M | 54.6M |
| Shareholders' equity | 84.1M | 80.1M | 57.3M | 63.8M | 65.6M | 50.1M | 6.6M | -47.2M | -22.1M | -86.2M | -90M | 334.5M |
| Total debt | 64.8M | 66.1M | 67.3M | 69.8M | 70.9M | 71.4M | 230.1M | 262.6M | 245.8M | 288.6M | 281.5M | 13.2M |
| Net debt | -25.4M | -15.8M | -6M | 6.8M | 3M | 32.1M | 79.7M | 203.7M | 155.8M | 243.8M | 250.9M | -64.6M |
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 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|
| Net income | -137.3M | -144.7M | -40.1M | -71.7M | -101.9M | -189.3M |
| Depreciation & amortization | 235K | 1.8M | 3.7M | 4.8M | 5.2M | 7.8M |
| Stock-based compensation | 7.4M | 1.7M | 26.5M | 21.8M | 13.9M | 16.6M |
| Change in working capital | -1M | -11.6M | -189K | 789K | 1M | 1.6M |
| Operating cash flow | -126.4M | -138.6M | -10.1M | -41.1M | -76.5M | -50.7M |
| Capital expenditure | — | — | — | — | — | — |
| Investing cash flow | — | 0 | -12.2M | 4.8M | -38.7M | -64.1M |
| Dividends paid | — | — | — | — | — | — |
| Share repurchases | — | 0 | -4K | 0 | — | — |
| Financing cash flow | 34.8M | 135.6M | -14K | 68M | -71K | 117.7M |
| Net change in cash | -91.6M | -2.9M | -22.3M | 31.8M | -115.2M | 2.8M |
| Free cash flow | -35.6M | -49.2M | -40.7M | -39.2M | -38.8M | -51.2M |
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 | -23.2M | -16.4M | -31.6M | -24.4M | -13.6M | -32.3M | -58.6M | -63.2M | 483K | -68M | -10.6M | -33.8M |
| Depreciation & amortization | 1.3M | 1.3M | 1.3M | 1.3M | 1.3M | 1.3M | 1.5M | 1.4M | 3.5M | 1.4M | 1.5M | 1.3M |
| Stock-based compensation | 4.4M | 9.2M | 4.2M | 3.7M | 3.3M | 2.7M | 4.3M | 3.6M | 4.6M | 4.1M | 5.1M | 5.9M |
| Change in working capital | -24K | -323K | 1.4M | -166K | 583K | -794K | 1.4M | 28K | 783K | -653K | 1.4M | -1.3M |
| Operating cash flow | -16.3M | -4.9M | -23.2M | -20M | -7.2M | -26.1M | -43.8M | -13.5M | -9M | -16.1M | -10M | -18M |
| Capital expenditure | — | — | — | — | — | — | -30K | — | — | — | — | — |
| Investing cash flow | 25.6M | 3.1M | -1.9M | -17.2M | 4.8M | -21.5M | 3.1M | -78.4M | 40.6M | -28.9M | -4M | -37.7M |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | 0 | 0 | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | 19.9M | -28K | -28K | -27K | -27K | -29K | 119.4M | -996K | -730K | -30K | -30K | -20K |
| Net change in cash | 29.3M | -1.8M | -25.1M | -37.2M | -2.5M | -47.7M | 78.7M | -92.9M | 31M | -45M | -14.1M | -55.7M |
| Free cash flow | -9.1M | -11.3M | -7.2M | -12.5M | -6.9M | -12.2M | -12.3M | -13.7M | -9.1M | -16.2M | -10.2M | -18.2M |