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 % |
|---|---|---|---|---|---|---|
| Q4 26 | -$0.17 | -$0.23 | -35.3% | — | — | — |
| Q3 26 | -$0.12 | -$0.22 | -83.3% | — | — | — |
| Q2 26 | -$0.15 | -$0.17 | -13.3% | — | — | — |
| Q1 26 | -$0.1 | -$0.16 | -60.0% | — | — | — |
| Q4 25 | -$0.11 | -$0.09 | +18.2% | — | — | — |
| Q3 25 | -$0.1 | -$0.27 | -170.0% | — | — | — |
| Q2 25 | -$0.09 | -$0.12 | -33.3% | — | $1.5M | — |
| Q1 25 | -$0.08 | -$0.11 | -37.5% | — | $2.8M | — |
| Q3 24 | -$0.04 | -$0.1 | -150.0% | — | $5.8M | — |
| Q2 24 | -$0.07 | -$0.1 | -42.9% | — | $3.9M | — |
| Q1 24 | -$0.11 | -$0.11 | 0.0% | — | $1.7M | — |
| Q4 23 | -$0.06 | -$0.21 | -250.0% | — | $2.2M | — |
| Q3 23 | -$0.09 | -$0.1 | -11.1% | — | $1.7M | — |
| Q2 23 | -$0.04 | -$0.12 | -200.0% | — | $747.6K | — |
| Q1 23 | -$0.03 | -$0.07 | -133.3% | — | $1.1M | — |
| Q4 22 | -$0.1 | -$0.09 | +10.0% | — | $1.3M | — |
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 | — | -$0.73 | — | — | $40.7M | — |
| FY24 | — | -$0.4 | — | — | $17.8M | — |
| FY23 | — | -$0.52 | — | — | $4.6M | — |
| FY22 | — | -$0.24 | — | — | $6.4M |
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 | $203.6K | $0 | $105.1K | $0 | $403.9K | $5M | $6.4M | $4.6M | $17.8M | $40.7M |
| YoY change | +3K% | -100% | +InfinityT% | -100% | +InfinityT% | +1.1K% | +28.6% | -28.1% | +286% | +128.3% |
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 | 203.6K | 0 | 105.1K | 0 | 403.9K | 5M | 6.4M | 4.6M | 17.8M | 40.7M |
| Cost of revenue | 0 | 0 | 351.8K | 0 | 325.4K | 3.9M | 5.5M | 5.5M | 14.2M | 39.5M |
| Gross profit | 203.6K | 0 | -246.7K | 0 | 78.6K | 1.1M | 925.5K | -834.3K | 3.7M | 1.3M |
| Gross margin | 100% | — | -234.7% | — | 19.4% | 21.4% | 14.4% | -18.1% | 20.6% | 3.13% |
| Research & development | 860.5K | 0 | 0 | 366.6K | 489K | 516.1K | 2.6M | 5.6M | 6.3M | 17.9M |
| Selling, general & administrative | 734.7K | 1.1M | 1.6M | 384.7K | 1.2M | 4.8M | 10M | 16.1M | 16.3M | 50M |
| Operating expenses | 1.6M | 1.1M | 1.8M | 751.3K | 1.7M | 5.9M | 13.9M | 26.1M | 22.6M | 67.9M |
| Operating income | -1.5M | -1.1M | -2.2M | -751.3K | -1.6M | -4.9M | -13M | -22.5M | -18.9M | -66.6M |
| Operating margin | -713.2% | — | -2.1K% | — | -403.5% | -97.5% | -202.2% | -487.9% | -105.9% | -163.5% |
| Non-operating income, net | -1.9M | 4.2M | -650.5K | — | 57.2K | -7.1M | 1.5M | -3.7M | -2.6M | -7.7M |
| Pretax income | -3.4M | 2.8M | -3.3M | -751.3K | -1.6M | -13.2M | -11.7M | -26.4M | -21.5M | -71.6M |
| Income tax | 0 | 0 | 0 | 0 | 0 | — | — | — | — | 443K |
| Net income | -3.4M | 1.1M | -2.6M | -751.3K | -1.6M | -13.2M | -11.7M | -28.1M | -24.1M | -72.1M |
| Net margin | -1.7K% | — | -2.5K% | — | -396.6% | -264.7% | -181.8% | -608.3% | -134.9% | -177% |
| EBITDA | -1.4M | -1.1M | -2M | -751.3K | -1.6M | -4.9M | -12.7M | -22.5M | -14.7M | -67.5M |
| EPS | -144.1 | 24 | -24 | -0.14 | -0.12 | -0.56 | -0.24 | -0.52 | -0.4 | -0.73 |
| Diluted EPS | -144.1 | 24 | -24 | -0.14 | -0.12 | -0.56 | -0.24 | -0.52 | -0.4 | -0.73 |
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 | 1.7M | 2.2M | 1.7M | 3.9M | 5.8M | 6.3M | 1.6M | 3.2M | 9.6M | 26.2M | 15.5M | 20.2M |
| Cost of revenue | 1.8M | 3.2M | 1.6M | 2.7M | 4.7M | 5.1M | 2.5M | 2.8M | 9M | 25.1M | 13.5M | 16.9M |
| Gross profit | -96.9K | -1M | 174.7K | 1.2M | 1.1M | 1.2M | -850.4K | 375.1K | 637.5K | 1.1M | 2M | 3.3M |
| Gross margin | -5.81% | -46.7% | 9.99% | 30.5% | 18.8% | 19.1% | -52.2% | 11.7% | 6.61% | 4.24% | 12.7% | 16.1% |
| Research & development | 1.2M | 2.1M | 1.4M | 2.2M | 2.1M | 644.8K | 3.4M | 3.6M | 6M | 4.9M | 8M | 14.2M |
| Selling, general & administrative | 3.2M | 4.4M | 4.2M | 3.9M | 2.9M | 5.7M | 8.2M | 9.4M | 12.2M | 20.2M | 21.3M | 27.7M |
| Operating expenses | 5.1M | 7.3M | 6.2M | 6.5M | 5.5M | 6.3M | 11.6M | 13M | 18.2M | 25.1M | 29.3M | 41.9M |
| Operating income | -5.2M | -8.3M | -5.3M | -4.9M | -4.4M | -3.4M | -12.5M | -12.6M | -17.5M | -23.9M | -27.3M | -38.6M |
| Operating margin | -310.9% | -376.5% | -305% | -124.5% | -76% | -54.6% | -765.7% | -392.9% | -181.7% | -91.3% | -176.5% | -191.4% |
| Non-operating income, net | -123.2K | -3M | -241K | -332.3K | 273.5K | -3.2M | -10.7M | -787.7K | 1.4M | 2.3M | -541K | 1.5M |
| Pretax income | -5.3M | -11.4M | -5.6M | -5.2M | -4.2M | -6.7M | -23.1M | -13.3M | -15.3M | -19.9M | -26.5M | -35.2M |
| Income tax | — | — | — | — | — | — | — | — | 694.6K | -251.6K | 5K | 23K |
| Net income | -5.7M | -11.4M | -5.8M | -5.8M | -5.5M | -7.1M | -23.1M | -13.3M | -16M | -19.7M | -26.5M | -35.2M |
| Net margin | -339.8% | -515.4% | -333.9% | -148.7% | -93.9% | -112.1% | -1.4K% | -412.6% | -166% | -74.9% | -171.6% | -174.5% |
| EBITDA | -5.2M | -8.3M | -4.8M | -4.2M | -3.8M | -3.9M | -11.9M | -7.5M | -19.4M | -24.1M | -26.8M | -37.2M |
| EPS | -0.1 | — | -0.11 | -0.11 | -0.1 | — | -0.27 | -0.15 | -0.16 | -0.17 | -0.22 | -0.26 |
| Diluted EPS | -0.1 | — | -0.11 | -0.11 | -0.1 | — | -0.27 | -0.15 | -0.16 | -0.17 | -0.22 | -0.26 |
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 | 35.6M | — | — | — | — | — | — | — | — | — | 992.6M |
| Enterprise value | 35.4M | — | — | — | — | — | — | — | — | — | 706.4M |
| Shares outstanding | 35K | 38.7K | 163.9K | 5.3M | 13.7M | 23.7M | 48.2M | 53.9M | 60.1M | 99M | 99M |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | — | — | — | — | -8.91 |
| P/S | 174.7 | — | — | — | — | — | — | — | — | — | 14.2 |
| P/B | -6.66 | — | — | — | — | — | — | — | — | — | 2.16 |
| EV/EBITDA | -24.6 | — | — | — | — | — | — | — | — | — | -6.79 |
| EV/Sales | 173.6 | — | — | — | — | — | — | — | — | — | 9.87 |
| Earnings yield | — | — | — | — | — | — | — | — | — | — | -11.2% |
| FCF yield | -4.5% | — | — | — | — | — | — | — | — | — | -11.8% |
| PEG | — | — | — | — | — | — | — | — | — | — | -0.12 |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross margin | 100% | — | -234.7% | — | 19.4% | 21.4% | 14.4% | -18.1% | 20.6% | 3.13% | 16.1% |
| Operating margin | -713.2% | — | -2.1K% | — | -403.5% | -97.5% | -202.2% | -487.9% | -105.9% | -163.5% | -191.4% |
| Net margin | -1.7K% | — | -2.5K% | — | -396.6% | -264.7% | -181.8% | -608.3% | -134.9% | -177% | -136.3% |
| ROE | 63.2% | -33.6% | 105.4% | 401.2% | -104.8% | -251.3% | -15% | -51.3% | -55.2% | -29.3% | -34.4% |
| ROA | -578.8% | 150.5% | -1K% | -124.5% | -57% | -113.2% | -13.7% | -46.3% | -49.6% | -26.3% | -20.7% |
| ROIC | 26.1% | 44.5% | 444.2% | 108.8% | -87.6% | — | — | — | — | -69.1% | -66.9% |
| Return on tangible assets | -578.8% | 150.5% | -1K% | -124.5% | 74% | 157.5% | -39.8% | -217.4% | -105.6% | -32.1% | -24.8% |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current ratio | 14.5 | 0.29 | 0.06 | 0.76 | 0.38 | 0.35 | 10.2 | 7.94 | 6.13 | 15.3 | 14.9 |
| Quick ratio | 14.5 | 0.29 | 0.06 | 0.76 | 0.29 | 0.27 | 9.52 | 5.74 | 3.94 | 13.7 | 12.3 |
| Debt / equity | — | -0.44 | -0.82 | — | 0.37 | 0.38 | 0.04 | 0.05 | 0.05 | 0.07 | 0.03 |
| Debt / assets | — | 1.95 | 7.84 | — | 0.2 | 0.17 | 0.03 | 0.05 | 0.05 | 0.07 | 0.03 |
| Net debt / EBITDA | — | -0.84 | -1 | — | -0.21 | -0.36 | 3.62 | 0.58 | 0.26 | 2.21 | 2.89 |
| Interest coverage | -323.7 | 9.01 | -5.62 | — | -53.9 | -9.82 | -78.1 | -215.2 | -275.3 | — | — |
| Effective tax rate | 0% | 0% | 0% | 0% | 0% | — | — | — | — | 0% | 0% |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue per share | 5.82 | 0 | 0.64 | 0 | 0.03 | 0.21 | 0.13 | 0.09 | 0.3 | 0.41 | 0.6 |
| EPS (basic) | -144.1 | 24 | -24 | -0.14 | -0.12 | -0.56 | -0.24 | -0.52 | -0.4 | -0.73 | -0.73 |
| EPS (diluted) | -144.1 | 24 | -24 | -0.14 | -0.12 | -0.56 | -0.24 | -0.52 | -0.4 | -0.73 | -0.8 |
| Book value per share | -152.8 | -86.9 | -15.3 | -0.04 | 0.11 | 0.22 | 1.62 | 1.02 | 0.72 | 2.48 | 3.09 |
| FCF per share | -45.8 | -37.2 | -11.7 | -0.14 | -0.06 | -0.06 | -0.34 | -0.5 | -0.3 | -0.97 | -1.15 |
| Cash per share | 6.44 | 14.4 | 0.24 | 0.09 | 0.02 | 0.01 | 1.01 | 0.3 | 0.1 | 1.7 | 2.13 |
| Capex per share | 0.25 | 0 | 5.3 | — | — | 0 | 0.01 | 0.05 | 0 | — | — |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Capex / revenue | 4.29% | — | 826.9% | — | — | 0% | 5.66% | 53% | 1.45% | — | — |
| Capex / operating cash flow | -0.25% | 0% | -57.5% | — | — | 0% | -2.48% | -9.13% | -0.82% | — | — |
| Payout ratio | — | — | — | — | — | — | — | — | — | — | 0% |
| — |
| FY21 | — | -$0.56 | — | — | $5M | — |
| FY20 | — | -$0.12 | — | — | $403.9K | — |
| FY19 | — | -$0.14 | — | — | $0 | — |
| FY18 | — | -$24 | — | — | $105.1K | — |
| FY17 | — | $24 | — | — | $0 | — |
| FY16 | — | -$144.1 | — | — | $203.6K | — |
| 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 | $1.7M | $2.2M | $1.7M | $3.9M | $5.8M | $6.3M | $1.6M | $3.2M | $9.6M | $26.2M | $15.5M | $20.2M |
| YoY change | -10.2% | +68.1% | +55.2% | +425.8% | +250.7% | +186.1% | -6.78% | -18.1% | +65% | +315.8% | +849.3% | +527.3% |
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 | 225.4K | 558.7K | 38.7K | 503.4K | 236.7K | 277.3K | 48.9M | 16M | 6.1M | 167.9M |
| Receivables | 0 | 0 | 938 | — | 0 | 321.7K | 495.5K | 719.9K | 4.4M | 26.2M |
| Inventory | — | — | — | 0 | 78.7K | 362.1K | 3.9M | 8.9M | 8M | 23.5M |
| Total current assets | 499.8K | 690.5K | 170.7K | 603.4K | 318.3K | 1.6M | 55.7M | 32.2M | 22.4M | 226.9M |
| Property, plant & equipment | 38.7K | 26.1K | 284K | — | — | 0 | 1.5M | 2.7M | 3.8M | 20.9M |
| Goodwill & intangibles | 0 | — | — | 0 | 5M | 20.1M | 55.7M | 47.8M | 25.8M | 49.2M |
| Total assets | 583.4K | 750.2K | 262.4K | 603.4K | 2.8M | 11.7M | 85.1M | 60.7M | 48.5M | 273.7M |
| Accounts payable | 34.5K | 144.7K | 139K | 20.9K | 249.1K | 541.9K | 1M | 1.4M | 1.6M | 3.6M |
| Short-term debt | — | 1.5M | 2.1M | — | 118.8K | 269K | 1.3M | 1.1M | 947.2K | 5.9M |
| Total current liabilities | 34.5K | 2.4M | 2.7M | 790.7K | 829.3K | 4.7M | 5.4M | 4.1M | 3.7M | 14.8M |
| Long-term debt | — | — | — | — | 450K | 1.8M | 1.7M | 1.9M | 1.3M | 12.6M |
| Total liabilities | 5.9M | 4.1M | 2.8M | 790.7K | 1.3M | 6.4M | 7.2M | 6M | 5M | 27.8M |
| Shareholders' equity | -5.3M | -3.4M | -2.5M | -187.3K | 1.5M | 5.3M | 77.9M | 54.8M | 43.6M | 245.8M |
| Total debt | — | 1.5M | 2.1M | — | 568.8K | 2M | 3M | 3M | 2.3M | 18.4M |
| Net debt | — | 906.1K | 2.1M | — | 332.1K | 1.7M | -1.1M | -208.6K | -3.8M | -149.4M |
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 | 24.6M | 16M | 8.9M | 4M | 7.7M | 6.1M | 7.7M | 65.9M | 206.4M | 167.9M | 131.9M | 325.6M |
| Receivables | 2.1M | 719.9K | 720.6K | 3M | 5.1M | 4.4M | 1.6M | 1M | 6.1M | 26.2M | 10.6M | 9.5M |
| Inventory | 9.3M | 8.9M | 9.4M | 9.3M | 9.1M | 8M | 13.9M | 16.2M | 22.6M | 23.5M | 50.5M | 73.4M |
| Total current assets | 40.5M | 32.2M | 26.5M | 23.3M | 27.9M | 22.4M | 29.4M | 91.6M | 248.8M | 226.9M | 209.7M | 425.1M |
| Property, plant & equipment | 2.9M | 2.7M | 3.1M | 3.1M | 2.9M | 3.8M | 4.2M | 4.1M | 11.1M | 20.9M | 27M | 32.3M |
| Goodwill & intangibles | 54.8M | 47.8M | 48.2M | 47.8M | 47.4M | 25.8M | 51.4M | 50.7M | 49.9M | 49.2M | 88M | 134.6M |
| Total assets | 71.1M | 60.7M | 54.2M | 50.6M | 55.3M | 48.5M | 59.7M | 121.4M | 286M | 273.7M | 281.9M | 527.5M |
| Accounts payable | 2.4M | 1.4M | 822.7K | 1.6M | 2.3M | 1.6M | 1.5M | 1.5M | 3M | 3.6M | 9.2M | 12.8M |
| Short-term debt | 1.2M | 1.1M | 1.2M | 1.3M | 1.2M | 947.2K | 26M | 20.2M | 14.3M | 5.9M | 1.5M | 2.3M |
| Total current liabilities | 5.1M | 4.1M | 3.6M | 4.4M | 5.2M | 3.7M | 28.9M | 24.1M | 23.9M | 14.8M | 19.1M | 28.6M |
| Long-term debt | 1.1M | 1.9M | 551.3K | 312.1K | 194.7K | 1.3M | 1.8M | 1.7M | 8.2M | 12.6M | 12.3M | 12.5M |
| Total liabilities | 6.2M | 6M | 4.2M | 4.7M | 5.7M | 5M | 30.7M | 25.8M | 32.8M | 27.8M | 43.1M | 56.3M |
| Shareholders' equity | 64.9M | 54.8M | 50M | 45.9M | 49.6M | 43.6M | 28.9M | 95.6M | 253.3M | 245.8M | 238.7M | 471.2M |
| Total debt | 2.3M | 3M | 1.8M | 1.6M | 1.4M | 2.3M | 27.8M | 21.9M | 22.4M | 18.4M | 13.8M | 14.9M |
| Net debt | -1.6M | -208.6K | 842.5K | 161.2K | -6.3M | -3.8M | 20.1M | -44M | -184M | -149.4M | -118.1M | -310.7M |
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 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net income | -3.4M | 1.1M | -2.6M | -751.3K | -1.6M | -13.2M | -11.7M | -26.4M | -24.1M | -72.1M |
| Depreciation & amortization | 12.3K | 12.6K | 154.7K | — | 0 | 36.8K | 264.8K | 966.1K | 1.4M | 2.3M |
| Stock-based compensation | — | — | — | 0 | 269.9K | 3.4M | 3.3M | 3.7M | 3.6M | 10.6M |
| Change in working capital | -82K | 480.3K | -16.8K | -79.1K | 405.2K | -427.9K | -6.8M | -5.1M | -5.3M | -34.2M |
| Operating cash flow | -3.5M | 2.5M | -1.5M | -760.4K | -722.8K | -9.1M | -14.6M | -26.8M | -31.5M | -89.1M |
| Capital expenditure | -8.7K | 0 | -869.3K | — | — | 0 | -363.7K | -2.5M | -259.1K | — |
| Investing cash flow | -8.3K | 86.4K | -849.8K | 0 | 46.3K | -48.4K | -46.6M | 29.6M | 13.6M | 0 |
| Dividends paid | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | 1.8M | 1.7M | 1.2M | 686.5K | 255.2K | 1.3M | 66.3M | -1.2M | 7.8M | 247.1M |
| Net change in cash | -1.7M | 4.3M | -1.2M | -73.9K | -421.3K | -7.9M | 5.1M | 1.5M | -10.1M | 158M |
| Free cash flow | -1.6M | -1.4M | -1.9M | -753.4K | -811.6K | -1.4M | -16.4M | -26.8M | -18M | -95.8M |
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 | 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 | -5.3M | -11.4M | -5.6M | -6.9M | -2.3M | -6.7M | -23.1M | -13.3M | -16M | -19.7M | -26.6M | -35.3M |
| Depreciation & amortization | 295.3K | 359.2K | 318.4K | 338.8K | 350.9K | 415.1K | 587.6K | 523.4K | 542.3K | 611.3K | 812K | 1.5M |
| Stock-based compensation | 1.9M | 865.8K | 911.6K | 1.2M | 585.8K | 915.6K | 1.6M | 2M | 3.6M | 3.3M | 4.8M | 5M |
| Change in working capital | -2.7M | -460.9K | -2.9M | -1.2M | -1.2M | -38.8K | -5.1M | -1.4M | -10.1M | -20.3M | -5.7M | -18.2M |
| Operating cash flow | -5.8M | -10.6M | -7M | -6.3M | -2.6M | -5.4M | -15.3M | -12.9M | -23.9M | -36.5M | -31.9M | -46.8M |
| Capital expenditure | -454.9K | -714.3K | -5.1K | -134.8K | -44.7K | -74.6K | -273.1K | — | — | — | — | — |
| Investing cash flow | 10.3M | 7.3M | 4.9M | 5.2M | 2.6M | -74.6K | -273.1K | 0 | 0 | 0 | — | — |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | -164.2K | -122.3K | -146.5K | -148.9K | 8.2M | -158K | 14.4M | -1.6M | 177.5M | -9.4K | -239K | -14M |
| Net change in cash | 4.4M | -3.4M | -2.3M | -1.3M | 8.2M | -5.6M | -1.2M | -14.5M | 153.6M | -36.5M | -32.2M | -60.8M |
| Free cash flow | -7.7M | -8.5M | -6.9M | -4.4M | -4.2M | -2.4M | -16.2M | -13.2M | -24.5M | -41.9M | -38.7M | -52.6M |