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 | -$0.08 | $0.88 | +1200.0% | — | $78.7M | — |
| Q1 26 | $0.87 | $0.44 | -49.4% | — | $58.8M | — |
| Q4 25 | $1.2 | $1.12 | -6.7% | — | $69.8M | — |
| Q3 25 | $0.94 | $1.46 | +55.3% | — | $69.5M | — |
| Q2 25 | $1.41 | $3.28 | +132.6% | — | $101.7M | — |
| Q1 25 | $0.09 | $0.63 | +600.0% | — | $53.3M | — |
| Q4 24 | $0.58 | $0.8 | +37.9% | — | $57.6M | — |
| Q3 24 | $0.06 | $0.7 | +1066.7% | — | $55.3M | — |
| Q2 24 | -$0.18 | -$0.06 | +66.7% | — | $36.8M | — |
| Q1 24 | -$0.27 | -$0.5 | -85.2% | — | $29.5M | — |
| Q3 23 | -$0.07 | -$0.03 | +57.1% | — | $28.1M | — |
| Q2 23 | -$0.08 | -$0.04 | +50.0% | — | $26.9M | — |
| Q1 23 | -$0.1 | -$0.08 | +20.0% | — | $26.1M | — |
| Q4 22 | -$0.11 | $0.01 | +109.1% | — | $51.3M | — |
| Q3 22 | -$0.13 | -$0.11 | +15.4% | — | $22.4M | — |
| Q2 22 | -$0.12 | -$0.08 | +33.3% | — | $29.8M | — |
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 | — | $20.4 | — | — | $294.3M | — |
| FY24 | — | $0.99 | — | — | $179.3M | — |
| FY23 | — | -$1.4 | — | — | $116.9M | — |
| FY22 | — | -$3.4 | — | — | $120.2M |
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 | $20.4M | $4.5M | $44.5M | $59.3M | $108.6M | $149.2M | $120.2M | $116.9M | $179.3M | $294.3M |
| YoY change | -29.5% | -78% | +892.6% | +33.2% | +83.2% | +37.4% | -19.4% | -2.79% | +53.4% | +64.1% |
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 | 20.4M | 4.5M | 44.5M | 59.3M | 108.6M | 149.2M | 120.2M | 116.9M | 179.3M | 294.3M |
| Cost of revenue | 0 | 0 | 287K | 906K | 895K | 1.1M | 1.7M | 7.1M | 18.6M | 19.6M |
| Gross profit | 20.4M | 4.5M | 44.2M | 58.4M | 107.7M | 148.2M | 118.5M | 109.8M | 160.6M | 274.7M |
| Gross margin | 100% | 100% | 99.4% | 98.5% | 99.2% | 99.3% | 98.5% | 93.9% | 89.6% | 93.3% |
| Research & development | 63.4M | 46.3M | 46.9M | 52.9M | 60.1M | 65.2M | 60.3M | 24.5M | 23.4M | 33.3M |
| Selling, general & administrative | 20.9M | 37.8M | 70M | 74.6M | 76.6M | 91.9M | 112.5M | 105.7M | 113.1M | 115.9M |
| Operating expenses | 84.4M | 84.1M | 116.9M | 127.5M | 136.7M | 157.1M | 172.7M | 130.3M | 136.4M | 149.2M |
| Operating income | -64M | -79.6M | -72.7M | -69.1M | -29M | -9M | -54.2M | -20.5M | 24.2M | 125.5M |
| Operating margin | -313.8% | -1.8K% | -163.3% | -116.5% | -26.7% | -6.01% | -45.1% | -17.5% | 13.5% | 42.6% |
| Non-operating income, net | -5.7M | 732K | — | — | — | -3.5M | -1.3M | — | — | — |
| Pretax income | -69.2M | -78M | -70.5M | -66.9M | -29.7M | -17.3M | -58.6M | -25.1M | 18.4M | 121.8M |
| Income tax | — | — | — | 0 | 0 | 605K | 0 | 0 | 881K | -245.2M |
| Net income | -69.2M | -78M | -70.5M | -66.9M | -29.7M | -17.9M | -58.6M | -25.1M | 17.5M | 367M |
| Net margin | -339.6% | -1.7K% | -158.3% | -112.8% | -27.4% | -12% | -48.7% | -21.5% | 9.75% | 124.7% |
| EBITDA | -57.3M | -78.3M | -69.9M | -65.9M | -27.7M | -7.8M | -52.5M | -17M | 28.5M | 131.6M |
| EPS | -7.3 | -6.2 | -4.4 | -4 | -1.8 | -1.1 | -3.4 | -1.4 | 0.99 | 20.4 |
| Diluted EPS | -7.3 | -6.2 | -4.4 | -4 | -1.8 | -1.1 | -3.4 | -1.4 | 0.99 | 19.5 |
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 | 28.1M | 35.8M | 29.5M | 36.8M | 55.3M | 57.6M | 53.3M | 101.7M | 69.5M | 69.8M | 58.8M | 78.7M |
| Cost of revenue | 1.3M | 3.8M | 2M | 2.8M | 8M | 5.8M | 4.4M | 4.5M | 4.8M | 6M | 4.6M | 8.5M |
| Gross profit | 26.9M | 32M | 27.5M | 34M | 47.3M | 51.8M | 48.9M | 97.2M | 64.7M | 63.8M | 54.2M | 70.2M |
| Gross margin | 95.5% | 89.4% | 93.1% | 92.4% | 85.5% | 89.9% | 91.7% | 95.6% | 93.2% | 91.5% | 92.2% | 89.2% |
| Research & development | 6.5M | 3.2M | 6M | 5.5M | 6.2M | 5.6M | 8.4M | 6.8M | 7.4M | 10.7M | 11.7M | 14M |
| Selling, general & administrative | 24.9M | 26.9M | 28.4M | 28M | 27M | 29.5M | 27.7M | 29.3M | 28.9M | 30M | 30.7M | 32.6M |
| Operating expenses | 31.3M | 30M | 34.5M | 33.6M | 33.2M | 35.2M | 36.2M | 36.1M | 36.3M | 40.7M | 42.3M | 46.6M |
| Operating income | -4.5M | 2M | -7M | 447K | 14.1M | 16.7M | 12.8M | 61.1M | 28.4M | 23.2M | 11.9M | 23.6M |
| Operating margin | -15.9% | 5.49% | -23.6% | 1.21% | 25.4% | 28.9% | 23.9% | 60.1% | 40.9% | 33.2% | 20.2% | 30% |
| Non-operating income, net | — | — | — | — | — | — | — | — | — | — | — | — |
| Pretax income | -5.7M | 737K | -8.2M | -1M | 12.4M | 15.2M | 11.5M | 60M | 27.6M | 22.7M | 11.7M | 23.6M |
| Income tax | — | — | — | — | — | — | 65K | 369K | -280K | -245.4M | 3M | 6.3M |
| Net income | -5.7M | 737K | -8.2M | -1M | 12.4M | 14.3M | 11.4M | 59.6M | 27.9M | 268.1M | 8.7M | 17.3M |
| Net margin | -20.2% | 2.06% | -27.9% | -2.8% | 22.5% | 24.9% | 21.5% | 58.6% | 40.2% | 384% | 14.7% | 22% |
| EBITDA | -3.5M | 2.9M | -6M | 1.6M | 15.1M | 17.8M | 14M | 62.5M | 30.1M | 25M | 13.7M | 25.2M |
| EPS | -0.33 | — | -0.5 | -0.06 | 0.71 | 0.81 | 0.64 | 3.33 | 1.55 | 14.7 | 0.47 | 0.93 |
| Diluted EPS | -0.33 | — | -0.5 | -0.06 | 0.7 | 0.8 | 0.63 | 3.28 | 1.46 | 13.5 | 0.44 | 0.88 |
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 | 224.6M | — | — | 358.2M | 590.6M | 451.8M | 258.6M | 252.3M | 295.7M | 770.4M | 922M |
| Enterprise value | 149.9M | — | — | 296.5M | 572.4M | 357.4M | 242M | 256M | 278.3M | 668.7M | 866.7M |
| Shares outstanding | 9.4M | 12.6M | 16.1M | 16.7M | 16.9M | 17M | 17.2M | 17.4M | 17.6M | 18M | 18M |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | — | — | 16.9 | 2.1 | 2.85 |
| P/S | 11 | — | — | 6.04 | 5.44 | 3.03 | 2.15 | 2.16 | 1.65 | 2.62 | 3.3 |
| P/B | 4.08 | — | — | 6.66 | 17.4 | 14.9 | -19 | -8.81 | 89.9 | 1.97 | 2.16 |
| EV/EBITDA | -2.61 | — | — | -4.5 | -20.7 | -46 | -4.6 | -15.1 | 9.76 | 5.08 | 9.66 |
| EV/Sales | 7.35 | — | — | 5 | 5.27 | 2.39 | 2.01 | 2.19 | 1.55 | 2.27 | 3.13 |
| Earnings yield | — | — | — | — | — | — | — | — | 5.91% | 47.6% | 35.1% |
| FCF yield | -34.1% | — | — | -12% | -9.05% | 1.16% | -28.7% | -8.22% | 10.5% | 9.82% | -3.44% |
| PEG | — | — | — | — | — | — | — | — | — | — | -0.04 |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross margin | 100% | 100% | 99.4% | 98.5% | 99.2% | 99.3% | 98.5% | 93.9% | 89.6% | 93.3% | 89.2% |
| Operating margin | -313.8% | -1.8K% | -163.3% | -116.5% | -26.7% | -6.01% | -45.1% | -17.5% | 13.5% | 42.6% | 30% |
| Net margin | -339.6% | -1.7K% | -158.3% | -112.8% | -27.4% | -12% | -48.7% | -21.5% | 9.75% | 124.7% | 116.3% |
| ROE | -125.8% | -77.5% | -64.1% | -124.3% | -87.4% | -59% | 430.2% | 87.6% | 531.8% | 93.8% | 126.9% |
| ROA | -88.6% | -65.5% | -50.7% | -45.3% | -26.9% | -10.7% | -43.6% | -21.4% | 10.7% | 71.5% | 15% |
| ROIC | — | — | — | 869% | -183.5% | 14% | 179.2% | 82% | -163.7% | 43.3% | 23.5% |
| Return on tangible assets | -88.6% | -65.5% | -50.7% | -45.3% | -26.9% | -10.7% | -49.1% | -24.3% | 12.8% | 75.1% | 75.4% |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current ratio | 3.37 | 6.4 | 4.94 | 2.04 | 2.18 | 2.43 | 1.78 | 1.86 | 2.13 | 2.42 | 1.94 |
| Quick ratio | 3.37 | 6.4 | 4.91 | 2.02 | 2.14 | 2.33 | 1.64 | 1.76 | 2.04 | 2.3 | 1.79 |
| Debt / equity | — | — | 0 | 0.67 | 1.15 | 1.01 | -3.05 | -2.11 | 18.2 | 0.14 | 0.09 |
| Debt / assets | — | — | 0 | 0.25 | 0.35 | 0.18 | 0.31 | 0.52 | 0.37 | 0.1 | 0.08 |
| Net debt / EBITDA | — | — | 1.84 | 0.94 | 0.66 | 12.2 | 0.32 | -0.21 | -0.61 | -0.77 | -0.59 |
| Interest coverage | — | — | — | -198.7 | -21 | -2.56 | -14.8 | -2.65 | 3.32 | 17.6 | 15.7 |
| Effective tax rate | — | — | — | 0% | 0% | 0% | 0% | 0% | 4.8% | 0% | 0% |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue per share | 2.16 | 0.35 | 2.77 | 3.54 | 6.44 | 8.75 | 6.97 | 6.72 | 10.2 | 16.4 | 15.1 |
| EPS (basic) | -7.3 | -6.2 | -4.4 | -4 | -1.8 | -1.1 | -3.4 | -1.4 | 0.99 | 20.4 | 20.4 |
| EPS (diluted) | -7.3 | -6.2 | -4.4 | -4 | -1.8 | -1.1 | -3.4 | -1.4 | 0.99 | 19.5 | 17.3 |
| Book value per share | 5.83 | 7.97 | 6.84 | 3.21 | 2.02 | 1.78 | -0.79 | -1.65 | 0.19 | 21.8 | 22.8 |
| FCF per share | -8.13 | -6.15 | -3.73 | -2.57 | -3.17 | 0.31 | -4.3 | -1.19 | 1.77 | 4.21 | 0.46 |
| Cash per share | 7.92 | 9.16 | 8.01 | 5.86 | 3.4 | 7.33 | 3.38 | 3.27 | 4.4 | 8.61 | 5.1 |
| Capex per share | 0.01 | 0.06 | 0 | — | 0.07 | 0.04 | 0.03 | 0.01 | 0.01 | 0 | 0 |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Capex / revenue | 0.43% | 16.3% | 0% | — | 1.16% | 0.42% | 0.37% | 0.22% | 0.05% | 0% | 0% |
| Capex / operating cash flow | -0.11% | -0.94% | 0% | — | -2.64% | -9.63% | -0.62% | -11.9% | 0.33% | 0% | 0% |
| Payout ratio | — | — | — | — | — | — | — | — | — | — | 0% |
| — |
| FY21 | — | -$1.1 | — | — | $149.2M | — |
| FY20 | — | -$1.8 | — | — | $108.6M | — |
| FY19 | — | -$4 | — | — | $59.3M | — |
| FY18 | — | -$4.4 | — | — | $44.5M | — |
| FY17 | — | -$6.2 | — | — | $4.5M | — |
| FY16 | — | -$7.3 | — | — | $20.4M | — |
| 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 | $28.1M | $35.8M | $29.5M | $36.8M | $55.3M | $57.6M | $53.3M | $101.7M | $69.5M | $69.8M | $58.8M | $78.7M |
| YoY change | +25.5% | -30.2% | +13.3% | +37% | +96.6% | +60.9% | +80.6% | +176% | +25.6% | +21.2% | +10.3% | -22.6% |
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 | 74.8M | 115.8M | 128.5M | 98.1M | 57.3M | 125M | 58.2M | 56.9M | 77.3M | 155M |
| Receivables | 0 | 0 | 4.1M | 10.1M | 16M | 15.5M | 40.3M | 30.6M | 41.6M | 51.8M |
| Inventory | — | 0 | 894K | 1.4M | 1.6M | 6.6M | 9.1M | 5.5M | 6M | 11.5M |
| Total current assets | 76.2M | 117.4M | 137M | 119M | 89M | 154.5M | 115.9M | 99.3M | 135.1M | 240.2M |
| Property, plant & equipment | 1.2M | 875K | 1.4M | 27.9M | 20.6M | 11.9M | 2.9M | 1M | 338K | 920K |
| Goodwill & intangibles | — | — | — | — | — | 0 | 14.9M | 13.9M | 27.1M | 24.7M |
| Total assets | 78.1M | 119.1M | 139.1M | 147.6M | 110.4M | 167.3M | 134.3M | 117.2M | 164M | 513.6M |
| Accounts payable | 5.6M | 2.6M | 6.4M | 4.2M | 3.7M | 3.8M | 22.5M | 7.1M | 3.3M | 7.2M |
| Short-term debt | — | — | — | 7.3M | 8.6M | 9.9M | 1.1M | 7.9M | 7.6M | 30.4M |
| Total current liabilities | 22.6M | 18.3M | 27.7M | 58.2M | 40.8M | 63.6M | 65.2M | 53.3M | 63.3M | 99.2M |
| Long-term debt | — | — | 0 | 29M | 30.5M | 20.7M | 40.4M | 52.7M | 52.4M | 22.9M |
| Total liabilities | 23.1M | 18.5M | 29.2M | 93.8M | 76.4M | 137M | 147.9M | 145.9M | 160.7M | 122.1M |
| Shareholders' equity | 55M | 100.6M | 109.9M | 53.8M | 34M | 30.4M | -13.6M | -28.6M | 3.3M | 391.5M |
| Total debt | — | — | 0 | 36.3M | 39.1M | 30.6M | 41.6M | 60.6M | 60M | 53.3M |
| Net debt | — | — | -76.3M | 13.8M | 8.7M | 11.7M | 17.1M | 27.8M | 3.2M | 12.7M |
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 | 62.4M | 56.9M | 49.5M | 49.1M | 61.1M | 77.3M | 77.1M | 108.4M | 137.1M | 155M | 146.7M | 95.3M |
| Receivables | 23.5M | 30.6M | 27.5M | 28.9M | 30.6M | 41.6M | 41.5M | 39.9M | 45.9M | 51.8M | 49.9M | 56M |
| Inventory | 6.1M | 5.5M | 6.6M | 8.1M | 4.8M | 6M | 4.7M | 10.4M | 13.3M | 11.5M | 11.7M | 14.4M |
| Total current assets | 95M | 99.3M | 92.5M | 94.7M | 106.5M | 135.1M | 146.6M | 175.4M | 214.9M | 240.2M | 234M | 185.5M |
| Property, plant & equipment | 1.2M | 1M | 852K | 675K | 504K | 338K | 1.4M | 1.2M | 1.1M | 920K | 785K | 647K |
| Goodwill & intangibles | 14.1M | 13.9M | 28.9M | 28.3M | 27.7M | 27.1M | 26.5M | 25.9M | 25.3M | 24.7M | 24.2M | 93.9M |
| Total assets | 115.3M | 117.2M | 126.5M | 128.4M | 139.4M | 164M | 176M | 206.7M | 242.5M | 513.6M | 504.6M | 521.1M |
| Accounts payable | 8M | 7.1M | 9.3M | 6.1M | 3.8M | 3.3M | 4M | 7.3M | 3.8M | 7.2M | 4.5M | 4M |
| Short-term debt | 673K | 7.9M | 15.5M | 639K | 466K | 7.6M | 15.3M | 22.9M | 30.4M | 30.4M | 30.5M | 39.9M |
| Total current liabilities | 48.3M | 53.3M | 73.2M | 58.6M | 54.3M | 63.3M | 66.6M | 86.6M | 94.4M | 99.2M | 89.5M | 95.6M |
| Long-term debt | 60.1M | 52.7M | 45M | 59.7M | 59.8M | 52.4M | 45.8M | 38.2M | 30.5M | 22.9M | 15.2M | 58K |
| Total liabilities | 147.2M | 145.9M | 158.2M | 158.3M | 154.1M | 160.7M | 157.4M | 124.8M | 124.9M | 122.1M | 104.7M | 95.6M |
| Shareholders' equity | -31.8M | -28.6M | -31.7M | -29.9M | -14.6M | 3.3M | 18.6M | 81.9M | 117.6M | 391.5M | 399.9M | 425.4M |
| Total debt | 60.8M | 60.6M | 60.5M | 60.3M | 60.2M | 60M | 61.1M | 61M | 60.9M | 53.3M | 45.7M | 40M |
| Net debt | 15.4M | 27.8M | 34.9M | 24.3M | 8.5M | 3.2M | 15.3M | 7.6M | 12.3M | 12.7M | 21.3M | -20.9M |
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 | -69.2M | -78M | -70.5M | -66.9M | -29.7M | -17.9M | -58.6M | -25.1M | 17.5M | 367M |
| Depreciation & amortization | 941K | 465K | 594K | 683K | 706K | 1.2M | 998K | 1.2M | 2.2M | 2.4M |
| Stock-based compensation | 7.3M | 6M | 7.7M | 9.1M | 7.3M | 9.5M | 12.4M | 8.8M | 12.4M | 12.7M |
| Change in working capital | -17.7M | -6.6M | 3.9M | 20M | -26M | -2.4M | -27.2M | 12.9M | -2M | -9.1M |
| Operating cash flow | -77.8M | -77.7M | -58.3M | -37.1M | -47.7M | -6.5M | -71.7M | -2.2M | 30.1M | 75.7M |
| Capital expenditure | 88K | 732K | 0 | — | -1.3M | -627K | 443K | 259K | 98K | 0 |
| Investing cash flow | 25.8M | -18.6M | 26.1M | -22.2M | 47.5M | -80M | 72.8M | 10.7M | 4.5M | -92.4M |
| Dividends paid | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | -10M | 0 |
| Financing cash flow | 23.6M | 114.2M | 67.2M | 9.8M | 10M | 57.9M | 4.4M | 17.3M | -13.6M | -7.5M |
| Net change in cash | -28.5M | 17.9M | 35M | -49.5M | 9.7M | -28.6M | 5.5M | 25.8M | 21.1M | -24.2M |
| Free cash flow | -76.7M | -77.7M | -59.9M | -43M | -53.4M | 5.3M | -74.2M | -20.7M | 31.1M | 75.7M |
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 | 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 | -5.7M | 737K | -8.2M | -1M | 12.4M | 14.3M | 11.4M | 59.6M | 27.9M | 268.1M | 8.7M | 17.3M |
| Depreciation & amortization | 292K | 293K | 400K | 613K | 611K | 604K | 604K | 607K | 603K | 601K | 597K | 848K |
| Stock-based compensation | 1.9M | 1.9M | 5.1M | 2.5M | 2.6M | 2.1M | 3.3M | 3.3M | 3.4M | 2.7M | 3.5M | 6.8M |
| Change in working capital | 342K | -3.6M | -226K | -3.1M | 4.5M | -3.1M | -548K | 87K | -6.5M | -2.1M | -7M | -7.3M |
| Operating cash flow | -3.1M | -687K | -2.9M | -1M | 20.2M | 13.9M | 14.8M | 30.5M | 24M | 22M | 2.7M | 30.7M |
| Capital expenditure | 22K | 110K | 0 | 0 | 26K | 72K | — | — | — | 12K | — | — |
| Investing cash flow | -1.2M | -6.9M | 451K | 11.2M | 3.8M | -10.9M | -10.6M | -23.3M | -33.2M | -25.4M | -8M | 87.8M |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | -3.7M | -511K |
| Financing cash flow | -878K | 0 | -2.6M | -1M | -10M | 10M | — | — | — | — | -11.2M | -48.3M |
| Net change in cash | -5.2M | -7.6M | -5.1M | 9.1M | 14M | 13M | 4.3M | 7.3M | -9.1M | -3.4M | -16.5M | 70.2M |
| Free cash flow | -1.4M | -6.2M | -5.2M | 80K | 21.7M | 14.5M | -893K | 30.5M | 24M | 22M | 2.7M | -39.7M |