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 26 | -$0.75 | -$0.73 | +2.7% | — | $3.6M | — |
| Q4 25 | -$0.78 | -$0.47 | +39.7% | — | $5.6M | — |
| Q2 25 | -$0.76 | -$0.6 | +21.1% | — | $5.3M | — |
| Q1 25 | -$0.93 | -$0.73 | +21.5% | — | $1.6M | — |
| Q4 24 | -$0.52 | -$1.44 | -176.9% | — | $5.2M | — |
| Q3 24 | -$0.93 | -$0.84 | +9.7% | — | $2.3M | — |
| Q2 24 | -$1.16 | -$1.08 | +6.9% | — | $11.1M | — |
| Q1 24 | -$1.16 | -$1.26 | -8.6% | — | $8.5M | — |
| Q4 23 | -$1.28 | -$1.41 | -10.2% | — | $6.7M | — |
| Q3 23 | -$0.85 | -$1.88 | -121.2% | — | $1.4M | — |
| Q2 23 | $2.81 | -$1.31 | -146.6% | — | $2.4M | — |
| Q1 23 | -$0.87 | -$1.48 | -70.1% | — | $5.3M | — |
| Q4 22 | -$0.81 | $0.14 | +117.3% | — | $102.7M | — |
| Q3 22 | -$1.11 | -$1.03 | +7.2% | — | $1.4M | — |
| Q2 22 | -$0.91 | -$0.83 | +8.8% | — | $497K | — |
| Q1 22 | -$0.79 | -$0.95 | -20.3% | — | $1.8M | — |
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 | — | -$3.46 | — | — | $16.1M | — |
| FY24 | — | -$4.92 | — | — | $27.1M | — |
| FY23 | — | -$6.47 | — | — | $15.8M | — |
| FY22 | — | -$2.71 | — | — | $106.5M |
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 | $25.1M | $13.1M | $11.3M | $7.3M | $37.5M | $524M | $106.5M | $15.8M | $27.1M | $16.1M |
| YoY change | +137.3% | -47.8% | -13.9% | -35.5% | +415.2% | +1.3K% | -79.7% | -85.1% | +71.2% | -40.6% |
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 | 25.1M | 13.1M | 11.3M | 7.3M | 37.5M | 524M | 106.5M | 15.8M | 27.1M | 16.1M |
| Cost of revenue | — | — | — | 0 | 0 | 25M | 3.3M | 13.6M | 18.3M | 1.7M |
| Gross profit | — | — | — | 7.3M | 37.5M | 499M | 103.1M | 2.2M | 8.8M | 14.4M |
| Gross margin | — | — | — | 100% | 100% | 95.2% | 96.9% | 14% | 32.4% | 89.5% |
| Research & development | 72.5M | 72.2M | 74.8M | 94.7M | 122.4M | 143.5M | 197.6M | 214.9M | 143.8M | 140.7M |
| Selling, general & administrative | 26M | 24.6M | 25.3M | 33.5M | 42.6M | 56.3M | 55.1M | 74.6M | 50.7M | 65.3M |
| Operating expenses | 97M | 84.5M | 99.5M | 128.4M | 162.9M | 188.4M | 246.3M | 285.1M | 188.9M | 200.3M |
| Operating income | -71.9M | -71.3M | -88.2M | -121.1M | -125.4M | 310.6M | -143.2M | -282.9M | -182.2M | -187.8M |
| Operating margin | -286.7% | -544.3% | -781.9% | -1.7K% | -334.3% | 59.3% | -134.4% | -1.8K% | -671.8% | -1.2K% |
| Non-operating income, net | 1.8M | -5.8M | 4.6M | -2.8M | -13.1M | 29.5M | 26M | -1.7M | -12.6M | 39.5M |
| Pretax income | -72.2M | -79.5M | -83.1M | -124.2M | -141.4M | 332.8M | -128.3M | -306.6M | -237.1M | -193.3M |
| Income tax | 1.1M | -199K | 231K | 0 | -16.4M | 3.2M | -1.5M | 1.9M | 2.4M | 5.6M |
| Net income | -73.4M | -79.3M | -83.3M | -124.2M | -125M | 329.6M | -126.8M | -308.5M | -239.6M | -199M |
| Net margin | -292.3% | -604.7% | -738.2% | -1.7K% | -333.3% | 62.9% | -119.1% | -1.9K% | -883.4% | -1.2K% |
| EBITDA | -65.8M | -63.9M | -73.1M | -113.5M | -113.8M | 318.1M | -134M | -251.4M | -150.2M | -148.7M |
| EPS | -2.93 | -2.98 | -2.34 | -3.11 | -2.81 | 7.17 | -2.71 | -6.47 | -4.92 | -3.46 |
| Diluted EPS | -2.93 | -2.98 | -2.34 | -3.11 | -2.81 | 7.04 | -2.71 | -6.47 | -4.92 | -3.46 |
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 | 1.4M | 6.7M | 8.5M | 11.1M | 2.3M | 5.2M | 1.6M | 5.3M | 3.7M | 5.6M | 3.6M | 5.8M |
| Cost of revenue | 1M | 8.8M | 9.2M | 7.5M | 1M | 619K | 197K | 656K | 398K | 435K | 219K | 350K |
| Gross profit | 401K | -2.1M | -741K | 3.7M | 1.3M | 4.6M | 1.4M | 4.6M | 3.3M | 5.1M | 3.3M | 5.5M |
| Gross margin | 28.5% | -32.1% | -8.73% | 32.9% | 55.4% | 88.1% | 87.4% | 87.5% | 89.2% | 92.2% | 93.9% | 94% |
| Research & development | 65.4M | 42.6M | 40.7M | 33.7M | 30.6M | 38.8M | 36.1M | 35.4M | 34.4M | 34.8M | 29.2M | 34M |
| Selling, general & administrative | 18.1M | 17.5M | 13.9M | 15.8M | 11.6M | 9.4M | 10.9M | 13.5M | 19.4M | 21.5M | 20.1M | 17.4M |
| Operating expenses | 82.3M | 59.6M | 53.5M | 47.7M | 39.6M | 48.6M | 38.7M | 47.5M | 52.8M | 54.7M | 47.6M | 50.2M |
| Operating income | -81.9M | -61.7M | -54.2M | -44M | -38.3M | -46.1M | -37.4M | -42.9M | -49.5M | -51.5M | -44.3M | -44.7M |
| Operating margin | -5.8K% | -923.1% | -639.1% | -395.6% | -1.7K% | -883% | -2.4K% | -815% | -1.3K% | -924.8% | -1.2K% | -764.9% |
| Non-operating income, net | 186K | 118K | -1.1M | -989K | 5.6M | -15.7M | 5.2M | 17.7M | -7.7M | 17.8M | 24K | -25.2M |
| Pretax income | -89.6M | -70.2M | -65M | -55.4M | -44.4M | -72.4M | -43.1M | -37.3M | -71.9M | -41M | -53M | -79.2M |
| Income tax | -69K | 3M | 656K | 948K | -31K | 856K | 496K | 425K | 8.6M | -3.9M | 488K | 1.8M |
| Net income | -89.6M | -73.2M | -65.6M | -56.3M | -44.4M | -73.3M | -43.6M | -37.7M | -80.5M | -37.1M | -53.5M | -81.1M |
| Net margin | -6.4K% | -1.1K% | -773.3% | -506% | -1.9K% | -1.4K% | -2.8K% | -716.8% | -2.2K% | -666.1% | -1.5K% | -1.4K% |
| EBITDA | -71.8M | -50.4M | -45.1M | -35.5M | -32.4M | -37.2M | -30.7M | -36.7M | -45.4M | -29.9M | -33.8M | -58.2M |
| EPS | -1.88 | — | -1.36 | -1.16 | -0.91 | — | -0.82 | -0.69 | -1.38 | — | -0.85 | -1.22 |
| Diluted EPS | -1.88 | — | -1.36 | -1.16 | -0.91 | — | -0.82 | -0.69 | -1.38 | — | -0.85 | -1.22 |
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 | — | 528.6M | — | — | — | 953.8M | 1.1B | 322.7M | 859.1M | — | 2.7B |
| Enterprise value | — | 390M | — | — | — | 533.2M | 849.5M | -156.8M | 557.7M | — | 2.4B |
| Shares outstanding | 25M | 27M | 35.6M | 40M | 44.5M | 46M | 46.7M | 47.7M | 48.6M | 57.5M | 57.5M |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | 2.89 | — | — | — | — | -11.3 |
| P/S | — | 40.3 | — | — | — | 1.82 | 9.95 | 20.4 | 31.7 | — | 142 |
| P/B | — | 5.92 | — | — | — | 1.6 | 2.23 | 1.55 | -127.2 | — | 8.18 |
| EV/EBITDA | — | -6.1 | — | — | — | 1.68 | -6.34 | 0.62 | -3.71 | — | -13.1 |
| EV/Sales | — | 29.8 | — | — | — | 1.02 | 7.98 | -9.89 | 20.6 | — | 128.2 |
| Earnings yield | — | — | — | — | — | 34.6% | — | — | — | — | -8.84% |
| FCF yield | — | -13.2% | — | — | — | 28.4% | -15.4% | -47.4% | -22.6% | — | -2.86% |
| PEG | — | — | — | — | — | — | — | — | — | — | -0.15 |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross margin | — | — | — | 100% | 100% | 95.2% | 96.9% | 14% | 32.4% | 89.5% | 94% |
| Operating margin | -286.7% | -544.3% | -781.9% | -1.7K% | -334.3% | 59.3% | -134.4% | -1.8K% | -671.8% | -1.2K% | -872.2% |
| Net margin | -292.3% | -604.7% | -738.2% | -1.7K% | -333.3% | 62.9% | -119.1% | -1.9K% | -883.4% | -1.2K% | 89.5% |
| ROE | -115.3% | -88.7% | -46.4% | -38.4% | -51.3% | 55.3% | -26.6% | -148.5% | 3.5K% | -100% | -157.6% |
| ROA | -38.6% | -37.8% | -30.4% | -27.7% | -36.7% | 40.7% | -18% | -37.1% | -43% | -24.1% | -15.7% |
| ROIC | 147.9% | 144.9% | 445.1% | -661.1% | -177.9% | 175.5% | -53.8% | 104.1% | 59.1% | 52.1% | 44.9% |
| Return on tangible assets | -42.5% | -41.8% | -31.7% | -28.4% | -37.6% | 52.4% | -23.6% | -46.9% | -64.8% | -31.7% | -31.1% |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current ratio | 6.34 | 8.47 | 11.8 | 12.1 | 9.47 | 17.1 | 6.28 | 8.85 | 9.74 | 10.4 | 10 |
| Quick ratio | 6.34 | 8.47 | 11.8 | 12.1 | 9.47 | 17.1 | 6.19 | 8.68 | 9.74 | 10.4 | 10 |
| Debt / equity | 0.32 | 0.23 | 0.2 | 0.23 | 0.29 | 0.23 | 0.3 | 0.67 | -9.78 | 0.32 | 1.7 |
| Debt / assets | 0.11 | 0.1 | 0.13 | 0.16 | 0.21 | 0.17 | 0.2 | 0.17 | 0.12 | 0.08 | 0.06 |
| Net debt / EBITDA | 1.71 | 2.17 | 2.73 | 2.69 | 1.52 | -1.32 | 1.57 | 1.91 | 2.01 | 3.76 | 4.47 |
| Interest coverage | -32.3 | -34.6 | -37.5 | -31.6 | -36 | 45.5 | -9.96 | -6.38 | -2.72 | -2.12 | -3.11 |
| Effective tax rate | 0% | 0% | 0% | 0% | 0% | 0.97% | 0% | 0% | 0% | 0% | 0% |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue per share | 1 | 0.49 | 0.32 | 0.18 | 0.84 | 11.4 | 2.28 | 0.33 | 0.56 | 0.28 | 0.3 |
| EPS (basic) | -2.93 | -2.98 | -2.34 | -3.11 | -2.81 | 7.17 | -2.71 | -6.47 | -4.92 | -3.46 | -3.46 |
| EPS (diluted) | -2.93 | -2.98 | -2.34 | -3.11 | -2.81 | 7.04 | -2.71 | -6.47 | -4.92 | -3.46 | -4.06 |
| Book value per share | 2.54 | 3.31 | 5.04 | 8.08 | 5.49 | 13 | 10.2 | 4.36 | -0.14 | 3.46 | 4.67 |
| FCF per share | -3.57 | -2.59 | -2.25 | -2.63 | -3.25 | 5.88 | -3.48 | -3.21 | -4 | -3.1 | -2.44 |
| Cash per share | 5.29 | 5.91 | 6.59 | 9.44 | 5.51 | 12.1 | 7.55 | 13 | 7.55 | 10.8 | 11.7 |
| Capex per share | 0.61 | 0.17 | 0.07 | 0.14 | 0.16 | 0.38 | 0.38 | 0.15 | 0.24 | — | — |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Capex / revenue | 60.9% | 34% | 21.1% | 77.6% | 19.4% | 3.33% | 16.6% | 45.2% | 43.1% | — | — |
| Capex / operating cash flow | -21.8% | -6.19% | -3.2% | -5% | -4.76% | 5.62% | -14% | -5.67% | -6.44% | — | — |
| Payout ratio | — | — | — | — | — | — | — | — | — | — | 0% |
| — |
| FY21 | — | $7.17 | — | — | $524M | — |
| FY20 | — | -$2.81 | — | — | $37.5M | — |
| FY19 | — | -$3.11 | — | — | $7.3M | — |
| FY18 | — | -$2.34 | — | — | $11.3M | — |
| FY17 | — | -$2.98 | — | — | $13.1M | — |
| FY16 | — | -$2.93 | — | — | $25.1M | — |
| 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 | $1.4M | $6.7M | $8.5M | $11.1M | $2.3M | $5.2M | $1.6M | $5.3M | $3.7M | $5.6M | $3.6M | $5.8M |
| YoY change | -2.9% | -93.5% | +59.3% | +359.4% | +62.5% | -21.9% | -81.5% | -52.7% | +61.8% | +6.65% | +127.3% | +11% |
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 | 132.5M | 159.4M | 234.9M | 377.8M | 244.9M | 556.3M | 352.8M | 617.9M | 367.5M | 622.5M |
| Receivables | 9.2M | 1.6M | 233K | 947K | 6.6M | 58.8M | 102.4M | 4.2M | 5.9M | 5.9M |
| Inventory | 0 | — | — | — | — | 0 | 6.9M | 12M | 0 | — |
| Total current assets | 143.9M | 162.8M | 236.6M | 384.2M | 258.9M | 628.2M | 476.8M | 651.9M | 390.3M | 656M |
| Property, plant & equipment | 35.7M | 34.3M | 29.2M | 55.6M | 58.4M | 69.1M | 83.3M | 75.3M | 34.1M | 26.3M |
| Goodwill & intangibles | 17.6M | 20.2M | 11.4M | 11.8M | 7.8M | 180.6M | 168.7M | 173.7M | 186.9M | 196.3M |
| Total assets | 190.3M | 209.6M | 273.9M | 448.6M | 340.4M | 809.2M | 705M | 831.7M | 556.5M | 824.9M |
| Accounts payable | 5.5M | 2.9M | 3.8M | 5.7M | 3.8M | 2.5M | 11M | 6.6M | 7.2M | 5.2M |
| Short-term debt | 605K | 1.1M | — | 5.9M | 5.5M | 5.8M | 8.4M | 8.3M | 3.6M | 3.9M |
| Total current liabilities | 22.7M | 19.2M | 20M | 31.6M | 27.3M | 36.8M | 75.9M | 73.7M | 40.1M | 62.9M |
| Long-term debt | 19.6M | 19.7M | 35.5M | 67.2M | 66M | 129.9M | 134.5M | 130.1M | 62.5M | 59.5M |
| Total liabilities | 126.6M | 120.3M | 94.3M | 125.6M | 96.5M | 213.4M | 229M | 624M | 563.3M | 626M |
| Shareholders' equity | 63.6M | 89.4M | 179.6M | 323.1M | 243.9M | 595.8M | 476M | 207.7M | -6.8M | 198.9M |
| Total debt | 20.2M | 20.8M | 35.5M | 73.1M | 71.5M | 135.7M | 142.9M | 138.4M | 66.1M | 63.4M |
| Net debt | -112.3M | -138.6M | -199.4M | -304.7M | -173.4M | -420.5M | -85.1M | -103M | -92.9M | -16.8M |
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 | 658.9M | 617.9M | 555.7M | 524.4M | 435.2M | 367.5M | 409M | 377M | 694.2M | 622.5M | 586.5M | 810.3M |
| Receivables | 1.6M | 4.2M | 10.7M | 7.8M | 5.3M | 5.9M | 2.5M | 5.6M | 3.9M | 5.9M | 3.6M | 5.8M |
| Inventory | 15.7M | 12M | 7.7M | 0 | 0 | 0 | — | — | — | — | — | — |
| Total current assets | 693.6M | 651.9M | 596M | 592M | 464.1M | 390.3M | 435.4M | 408.6M | 716.2M | 656M | 615.7M | 834.3M |
| Property, plant & equipment | 76.3M | 75.3M | 72.2M | 41.1M | 40.4M | 34.1M | 31.5M | 31.1M | 28.5M | 26.3M | 24.3M | 23M |
| Goodwill & intangibles | 166.5M | 173.7M | 169.8M | 163.5M | 201.4M | 186.9M | 190.7M | 201.9M | 198.9M | 196.3M | 189.6M | 173.4M |
| Total assets | 871.5M | 831.7M | 770M | 730.8M | 645.8M | 556.5M | 605.4M | 584.9M | 888.4M | 824.9M | 778.7M | 985.1M |
| Accounts payable | 5.6M | 6.6M | 5.2M | 4.4M | 5.4M | 7.2M | 5.3M | 5.5M | 6.2M | 5.2M | 4.4M | 5M |
| Short-term debt | 7.9M | 8.3M | 8M | 3.6M | 4.3M | 3.6M | 3.7M | 3.9M | 3.9M | 3.9M | 3M | 3M |
| Total current liabilities | 68.6M | 73.7M | 63.5M | 80.5M | 71.3M | 40.1M | 36.3M | 40.9M | 100.6M | 62.9M | 59.2M | 83.3M |
| Long-term debt | 130.4M | 130.1M | 129.1M | 114.9M | 63.3M | 62.5M | 62.5M | 62.8M | 62.2M | 59.5M | 60.3M | 59.8M |
| Total liabilities | 602.8M | 624M | 623.3M | 633.7M | 590M | 563.3M | 571.7M | 588.9M | 659.6M | 626M | 629.4M | 661.1M |
| Shareholders' equity | 268.8M | 207.7M | 146.8M | 97.1M | 55.8M | -6.8M | 33.7M | -4M | 228.7M | 198.9M | 149.3M | 324.1M |
| Total debt | 138.3M | 138.4M | 137.1M | 118.5M | 67.6M | 66.1M | 66.2M | 66.7M | 66.2M | 63.4M | 63.3M | 62.8M |
| Net debt | -91.2M | -103M | -106M | -169.4M | -184M | -92.9M | -151M | -187.1M | -530.9M | -16.8M | -76.7M | -350.2M |
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 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net income | -73.4M | -79.3M | -83.3M | -124.2M | -125M | 329.6M | -126.8M | -308.5M | -239.6M | -199M |
| Depreciation & amortization | 6.1M | 7.5M | 12.4M | 6.7M | 10.6M | 7.3M | 8.5M | 11.9M | 12.6M | 14.8M |
| Stock-based compensation | 6.2M | 10.3M | 10.7M | 17.5M | 21.8M | 25.6M | 34.2M | 35.1M | 22.3M | 17.7M |
| Change in working capital | -10.8M | -13M | -5.8M | -8.1M | -9.7M | -59.7M | -46.8M | 87.8M | 1.7M | -11.3M |
| Operating cash flow | -70.1M | -72M | -74.6M | -113.1M | -152.8M | 310.1M | -126.4M | -126.2M | -181.6M | -178M |
| Capital expenditure | -15.3M | -4.5M | -2.4M | -5.7M | -7.3M | -17.4M | -17.7M | -7.2M | -11.7M | — |
| Investing cash flow | -15.9M | -4.5M | -2.4M | -5.7M | -7.3M | -67.4M | -182.7M | -205.7M | 163M | -321.2M |
| Dividends paid | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | -148K | 84.7M | 153.1M | 242.7M | 7.4M | 94.9M | 1.4M | 362.7M | -59.5M | 391.9M |
| Net change in cash | -86.1M | 8.2M | 76.2M | 124M | -152.6M | 337.6M | -307.7M | 30.9M | -78.1M | -107.2M |
| Free cash flow | -89.4M | -69.9M | -80.3M | -105.3M | -144.3M | 270.5M | -162.7M | -153.1M | -194.4M | -178.4M |
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 | 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 | -89.6M | -73.2M | -65.6M | -56.3M | -44.4M | -73.3M | -43.6M | -37.7M | -80.5M | -37.1M | -53.5M | -81.1M |
| Depreciation & amortization | 2.6M | 4.2M | 2.6M | 2.7M | 3M | 4.4M | 4.5M | 3.6M | 3.6M | 3M | 3M | 4.9M |
| Stock-based compensation | 11.1M | 7M | 7.2M | 6.9M | 3.4M | 4.7M | 4.4M | 5.1M | 3.5M | 4.7M | 5.1M | 5M |
| Change in working capital | 86.7M | 4.7M | -8.9M | -2.6M | 1.3M | 11.8M | -5.1M | -4M | 10.3M | -12.5M | 3.2M | 5.7M |
| Operating cash flow | 36M | -39.2M | -48.7M | -37.3M | -25.7M | -65.7M | -33.7M | -17.7M | -16.4M | -77.6M | -38.2M | -28.6M |
| Capital expenditure | -1.7M | -2M | -2.3M | -604K | -8.7M | -61K | -126K | -260K | — | — | — | — |
| Investing cash flow | 52.4M | 59.6M | 64M | 77.9M | 47.7M | -26.6M | 20.1M | 73.1M | 26.5M | -441.3M | 98.7M | 53.7M |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | -381.9M | 46K | 0 | 50K | 31K | 2M | 80.7M | 44K | 308.7M | 2.4M | 550K | 249.1M |
| Net change in cash | -293.6M | 20.4M | 15.3M | 40.6M | 22M | -90.3M | 67.1M | 55.4M | 318.9M | -516.4M | 61M | 274.3M |
| Free cash flow | 37.2M | -51.6M | -62.9M | -33.3M | -45.3M | -52.9M | -44.2M | -40.2M | -16.3M | -77.7M | -38.4M | -29M |