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 | -$0.1 | -$0.28 | -180.0% | — | $40.4M | — |
| Q1 26 | -$0.09 | -$0.12 | -33.3% | — | $25.5M | — |
| Q4 25 | -$0.09 | -$0.13 | -44.4% | — | $27.1M | — |
| Q3 25 | -$0.06 | -$0.06 | 0.0% | — | $24.8M | — |
| Q2 25 | -$0.07 | -$0.12 | -71.4% | — | $25.1M | — |
| Q1 25 | -$0.1 | -$0.01 | +90.0% | — | $23.7M | — |
| Q4 24 | -$0.12 | -$1.15 | -858.3% | — | $30.2M | — |
| Q3 24 | -$0.12 | -$0.15 | -25.0% | — | $25.1M | — |
| Q2 24 | -$0.15 | -$0.13 | +13.3% | — | $22.5M | — |
| Q1 24 | -$0.19 | -$0.21 | -10.5% | — | $17.7M | — |
| Q4 23 | -$0.22 | -$0.15 | +31.8% | — | $20.4M | — |
| Q3 23 | -$0.17 | -$0.14 | +17.6% | — | $18M | — |
| Q2 23 | -$0.08 | -$0.15 | -87.5% | — | $25M | — |
| Q1 23 | -$0.01 | -$0.14 | -1300.0% | — | $17.6M | — |
| Q4 22 | -$0.01 | -$0.07 | -600.0% | — | $20M | — |
| Q3 22 | -$0.02 | -$0.01 | +50.0% | — | $11M | — |
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 | — | -$0.32 | — | — | $100.6M | — |
| FY24 | — | -$1.66 | — | — | $95.5M | — |
| FY23 | — | -$0.58 | — | — | $81M | — |
| FY22 | — | -$0.05 | — | — | $39.4M | — |
| FY21 | — | -$0.08 |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|
| Revenue | $3.4M | $4.6M | $9.5M | $39.4M | $81M | $95.5M | $100.6M |
| YoY change | — | +35.6% | +107.7% | +316% | +105.6% | +17.9% | +5.38% |
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 |
|---|
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|
| Revenue | 3.4M | 4.6M | 9.5M | 39.4M | 81M | 95.5M | 100.6M |
| Cost of revenue | 1.8M | 2.7M | 7.8M | 43.7M | 146.2M | 138.5M | 107.4M |
| Gross profit | 1.6M | 1.8M | 1.7M | -4.4M | -65.2M | -43M | -6.8M |
| Gross margin | 46.7% | 40.5% | 17.5% | -11.1% | -80.5% | -45% | -6.72% |
| Research & development | 581.7K | 583.7K | 1.6M | 6.3M | 15.7M | 18.9M | 18.7M |
| Selling, general & administrative | 1.3M | 2.4M | 7.5M | 22.2M | 50.6M | 54M | 72.6M |
| Operating expenses | 1.9M | 3M | 9.1M | 28.6M | 66.3M | 72.9M | 91.4M |
| Operating income | -332.9K | -1.2M | -7.6M | -34.5M | -136.3M | -129.5M | -112.7M |
| Operating margin | -9.91% | -26.4% | -80.1% | -87.6% | -168.4% | -135.6% | -112% |
| Non-operating income, net | -81.9K | -52.7K | -3.1M | 19.8M | 1.1M | -219M | 20.5M |
| Pretax income | -395.1K | -1.3M | -13.5M | -11.6M | -119.7M | -340.4M | -81.8M |
| Income tax | -33.2K | -1.6K | -127.9K | -215.4K | -3.3M | -2M | 67.2K |
| Net income | -361.9K | -1.3M | -13.4M | -11.4M | -116.4M | -338.4M | -81.8M |
| Net margin | -10.8% | -27.6% | -141.7% | -29% | -143.8% | -354.4% | -81.3% |
| EBITDA | -208.9K | -1.1M | -10.4M | -52.3M | -131.9M | 102.9M | -118.7M |
| EPS | -0 | -0.01 | -0.08 | -0.05 | -0.58 | -1.66 | -0.32 |
| Diluted EPS | -0 | -0.01 | -0.08 | -0.05 | -0.58 | -1.66 | -0.32 |
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 | 18M | 20.4M | 17.7M | 22.5M | 25.1M | 30.2M | 23.7M | 25.1M | 24.8M | 27.1M | 25.5M | 40.4M |
| Cost of revenue | 39.8M | 39.5M | 31.8M | 35.7M | 36.4M | 34.5M | 30M | 26.5M | 25.2M | 25.6M | 27M | 30.6M |
| Gross profit | -21.8M | -19.1M | -14.1M | -13.2M | -11.4M | -4.3M | -6.3M | -1.5M | -456.9K | 1.5M | -1.5M | 9.8M |
| Gross margin | -121.1% | -93.9% | -79.5% | -58.8% | -45.4% | -14.2% | -26.7% | -5.81% | -1.85% | 5.48% | -6.04% | 24.2% |
| Research & development | 5.1M | 3.6M | 4.5M | 5.3M | 4.7M | 4.4M | 4.8M | 4.8M | 4.5M | 4.7M | 5.7M | 6.8M |
| Selling, general & administrative | 12.9M | 12.9M | 12.6M | 16.7M | 13.7M | 11M | 20.3M | 19.6M | 15.6M | 17.2M | 18.9M | 26.7M |
| Operating expenses | 18M | 16.5M | 17.1M | 22M | 18.3M | 15.4M | 25.1M | 24.4M | 20M | 21.9M | 24.7M | 33.5M |
| Operating income | -41.1M | -37.4M | -33.7M | -38.8M | -32.8M | -24.2M | -34.7M | -29.4M | -24.4M | -24.2M | -30.2M | -40M |
| Operating margin | -228.6% | -183.5% | -189.9% | -172.7% | -131% | -80.1% | -146.3% | -117.4% | -98.4% | -89.4% | -118.6% | -99.2% |
| Non-operating income, net | 8.5M | -199.2K | -12.1M | 10M | -757K | -216M | 29.9M | -3.7M | 5.2M | -10.9M | -1.9M | -41.5M |
| Pretax income | -29M | -32.6M | -43.3M | -26.6M | -31.6M | -238.8M | -2.6M | -30.2M | -16.3M | -32.7M | -30.2M | -80.7M |
| Income tax | 16.1K | -3.3M | -153 | 151.6K | -85.2K | -2.1M | 31.3K | 0 | 0 | 35.9K | 23K | 188.1K |
| Net income | -29M | -29.3M | -43.3M | -26.8M | -31.5M | -236.8M | -2.7M | -30.2M | -16.3M | -32.7M | -30.3M | -80.9M |
| Net margin | -161.4% | -143.6% | -244.1% | -119.2% | -125.9% | -783.2% | -11.2% | -120.5% | -65.7% | -120.8% | -118.9% | -200.5% |
| EBITDA | -48.1M | -34.9M | -18.9M | -44.7M | -28.9M | 196.2M | -61.3M | -22.2M | -25.6M | -9.5M | -24.3M | 12.9M |
| EPS | -0.14 | — | -0.21 | -0.13 | -0.15 | -1.15 | -0.01 | -0.12 | -0.06 | -0.13 | -0.12 | -0.28 |
| Diluted EPS | -0.14 | — | -0.21 | -0.13 | -0.15 | -1.15 | -0.01 | -0.12 | -0.06 | -0.13 | -0.12 | -0.28 |
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 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| Market cap | — | — | — | — | — | — | — | — | 3.9B |
| Enterprise value | — | — | — | — | — | — | — | — | 3.7B |
| Shares outstanding | — | 173.5M | 173.5M | 173.5M | 242.4M | 201.4M | 204.1M | 254.7M | 254.7M |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | — | — | -24.8 |
| P/S | — | — | — | — | — | — | — | — | 35.2 |
| P/B | — | — | — | — | — | — | — | — | 2.5 |
| EV/EBITDA | — | — | — | — | — | — | — | — | -41.1 |
| EV/Sales | — | — | — | — | — | — | — | — | 31.7 |
| Earnings yield | — | — | — | — | — | — | — | — | -4.03% |
| FCF yield | — | — | — | — | — | — | — | — | -3.88% |
| PEG | — | — | — | — | — | — | — | — | -0.19 |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| Gross margin | — | 46.7% | 40.5% | 17.5% | -11.1% | -80.5% | -45% | -6.72% | 24.2% |
| Operating margin | — | -9.91% | -26.4% | -80.1% | -87.6% | -168.4% | -135.6% | -112% | -99.2% |
| Net margin | — | -10.8% | -27.6% | -141.7% | -29% | -143.8% | -354.4% | -81.3% | -134.6% |
| ROE | — | -64.7% | 368.6% | -44.2% | -3.36% | -46.3% | 536.1% | -29.8% | -18.4% |
| ROA | — | -14.5% | -46.9% | -24% | -3.11% | -39.4% | -173.2% | -24.3% | -5.93% |
| ROIC | — | 27.2% | 88.3% | 50.6% | -1.2K% | -392.2% | 73.9% | -290.2% | -6.89% |
| Return on tangible assets | — | -15.2% | -51.6% | -28% | -3.17% | -51.1% | -293.2% | -30.6% | -17.4% |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| Current ratio | — | 1.39 | 0.84 | 6.8 | 22.1 | 7.09 | 0.63 | 5.84 | 2.12 |
| Quick ratio | — | 1.39 | 0.84 | 6.8 | 22.1 | 7.09 | 0.63 | 5.84 | 2.12 |
| Debt / equity | — | 0.19 | -1.25 | 0.05 | 0 | 0.01 | -0.03 | 0.01 | 0.35 |
| Debt / assets | — | 0.04 | 0.16 | 0.03 | 0 | 0.01 | 0.01 | 0.01 | 0.24 |
| Net debt / EBITDA | — | 8.54 | 0.93 | 4.38 | 6.44 | 1.64 | -1.09 | 1.99 | -6.41 |
| Interest coverage | — | — | — | -3.63 | -30.9 | — | — | — | — |
| Effective tax rate | — | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| Revenue per share | — | 0.02 | 0.03 | 0.05 | 0.16 | 0.4 | 0.47 | 0.4 | 0.44 |
| EPS (basic) | — | -0 | -0.01 | -0.08 | -0.05 | -0.58 | -1.66 | -0.32 | -0.32 |
| EPS (diluted) | — | -0 | -0.01 | -0.08 | -0.05 | -0.58 | -1.66 | -0.32 | -0.61 |
| Book value per share | — | 0 | -0 | 0.18 | 1.4 | 1.25 | -0.31 | 1.08 | 3.34 |
| FCF per share | — | 0.01 | -0 | -0.04 | -0.17 | -0.55 | -0.46 | -0.3 | -0.55 |
| Cash per share | — | 0.01 | 0.01 | 0.27 | 1.4 | 1.09 | 0.56 | 0.93 | 0.51 |
| Capex per share | — | — | 0 | 0.01 | 0.04 | 0.07 | 0.01 | — | — |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| Capex / revenue | — | — | 0% | 14.2% | 21.7% | 18% | 2.8% | — | — |
| Capex / operating cash flow | — | — | 0% | -16.4% | -481.4% | -15.3% | -0.88% | — | — |
| Payout ratio | — | — | — | — | — | — | — | — | 0% |
| Dividend yield | — | — | — | — | — | — | — | — | 20.2% |
Split-adjusted payout per share by ex-dividend date.
| Ex-dividend | Amount |
|---|---|
| Oct 13, 2022 | $0.40 |
| Jul 14, 2022 | $0.40 |
| Apr 13, 2022 | $0.40 |
| Jan 13, 2022 | $0.40 |
| Oct 14, 2021 | $0.36 |
| Jul 14, 2021 | $0.36 |
| Apr 14, 2021 | $0.36 |
| Jan 14, 2021 | $0.33 |
| — |
| — |
| $9.5M |
| — |
| FY20 | — | -$0.01 | — | — | $4.6M | — |
| FY19 | — | -$0 | — | — | $3.4M | — |
| Q1 24 |
|---|
| Q2 24 |
|---|
| Q3 24 |
|---|
| Q4 24 |
|---|
| Q1 25 |
|---|
| Q2 25 |
|---|
| Q3 25 |
|---|
| Q4 25 |
|---|
| Q1 26 |
|---|
| Q2 26 |
|---|
| Revenue | $18M | $20.4M | $17.7M | $22.5M | $25.1M | $30.2M | $23.7M | $25.1M | $24.8M | $27.1M | $25.5M | $40.4M |
| YoY change | +63.7% | +2.18% | +0.67% | -10% | +39.3% | +48.2% | +33.7% | +11.6% | -1.18% | -10.5% | +7.39% | +60.9% |
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 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 977.7M | 1.9M | 1.4M | 46.8M | 338.3M | 219.5M | 114M | 237.9M |
| Receivables | — | 391.1K | 1.1M | 1.3M | 4.7M | 5.4M | 9.8M | 11.9M |
| Inventory | — | — | — | — | — | — | — | — |
| Total current assets | — | 2.3M | 2.5M | 49M | 352.4M | 238M | 136.1M | 264.5M |
| Property, plant & equipment | 2.9M | 97.8K | 53.1K | 2.8M | 10.2M | 22.2M | 18.8M | 18M |
| Goodwill & intangibles | 197.9M | 108.7K | 246.3K | 7.9M | 7.7M | 67.8M | 79.9M | 69.4M |
| Total assets | — | 2.5M | 2.7M | 55.8M | 367M | 295.7M | 195.3M | 336.8M |
| Accounts payable | 55.6M | 1.6M | 2.6M | 6.9M | 14.3M | 24.7M | — | 5.9M |
| Short-term debt | 270.9M | 40.2K | 397K | 315.2K | 583.2K | 975.8K | 1M | 1.3M |
| Total current liabilities | 326.5M | 1.7M | 3M | 7.2M | 15.9M | 33.6M | 216.7M | 45.3M |
| Long-term debt | 70.6M | 63.8K | 28K | 1.2M | 835.9K | 1.6M | 799.9K | 633.1K |
| Total liabilities | 397.1M | 1.9M | 3M | 25.4M | 27.3M | 44.1M | 258.4M | 62M |
| Shareholders' equity | 435.8M | 559.8K | -340.9K | 30.4M | 339.6M | 251.6M | -63.1M | 274.8M |
| Total debt | 341.5M | 104K | 425K | 1.5M | 1.4M | 2.6M | 1.8M | 1.9M |
| Net debt | 274.5M | -1.8M | -1M | -45.3M | -335.8M | -215.7M | -112.2M | -236M |
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 | — | — | — | — | — | — | — | — | 269.8M | 237.9M | 219M | 203.3M |
| Receivables | — | — | — | — | — | — | — | — | 12.6M | 11.9M | 12.5M | 50.8M |
| Inventory | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current assets | — | — | — | — | — | — | — | — | 287.1M | 264.5M | 243.3M | 416.6M |
| Property, plant & equipment | — | — | — | — | — | — | — | — | 18.9M | 18M | 18.8M | 229.4M |
| Goodwill & intangibles | — | — | — | — | — | — | — | — | 71.7M | 69.4M | 67.5M | 1.2B |
| Total assets | — | — | — | — | — | — | — | — | 367.2M | 336.8M | 311.2M | 2.1B |
| Accounts payable | — | — | — | — | — | — | — | — | — | 5.9M | 12.5M | 28.8M |
| Short-term debt | 670.8K | 975.8K | 1.2M | 1.2M | 1M | 1M | 1.1M | 1.2M | 1.3M | 1.3M | 1.2M | 40M |
| Total current liabilities | — | — | — | — | — | — | — | — | 47.5M | 45.3M | 51.7M | 196.7M |
| Long-term debt | — | — | — | — | — | — | — | — | 920.1K | 633.1K | 421.2K | 461.8M |
| Total liabilities | — | — | — | — | — | — | — | — | 64.9M | 62M | 61.3M | 698.5M |
| Shareholders' equity | — | — | — | — | — | — | — | — | 302.2M | 274.8M | 249.9M | 1.4B |
| Total debt | 670.8K | 975.8K | 1.2M | 1.2M | 1M | 1M | 1.1M | 1.2M | 2.2M | 1.9M | 1.6M | 501.8M |
| Net debt | — | — | — | — | — | — | — | — | -267.5M | -236M | -217.5M | 298.5M |
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 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|
| Net income | -361.9K | -1.3M | -13.4M | -11.4M | -116.4M | -338.4M | -81.8M |
| Depreciation & amortization | 42.2K | 45.3K | 249.7K | 2.1M | 5.6M | 13.6M | 14.6M |
| Stock-based compensation | 14.8K | 1.1M | 1.4M | 1.9M | 16.3M | 21.5M | 23.8M |
| Change in working capital | 1.4M | 106K | 3.8M | 5.6M | 1.2M | -1.7M | -769.7K |
| Operating cash flow | 1.1M | 2.1K | -8.2M | -1.8M | -95.2M | -302.5M | -70.4M |
| Capital expenditure | — | 0 | -1.3M | -8.5M | -14.6M | -2.7M | — |
| Investing cash flow | — | 0 | 2.1M | -9.6M | -20.9M | -11.2M | -19.1M |
| Dividends paid | — | — | — | — | — | — | — |
| Share repurchases | -55.7K | -746.1K | 0 | -11M | 0 | — | -525M |
| Financing cash flow | -103.3K | -423.5K | 48.8M | 332.8M | -2.1M | -2.3M | 217.2M |
| Net change in cash | 1M | -421.4K | 42.7M | 321.4M | -118.2M | -315.9M | 127.7M |
| Free cash flow | 1.1M | -17.6K | -7.2M | -41.3M | -110.4M | -94.2M | -77.4M |
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 | -29M | -29.3M | -43.3M | -26.8M | -31.5M | -236.8M | -2.7M | -30.2M | -16.3M | -32.7M | -30.3M | -80.9M |
| Depreciation & amortization | 1.1M | 2.6M | 2.7M | 4.1M | 3.1M | 4.5M | 3.3M | 3.6M | 3.9M | 3.8M | 4M | 16.3M |
| Stock-based compensation | 4.8M | 5.8M | 4.8M | 3.8M | 6.1M | 6.9M | 8.7M | 5.4M | 5.4M | 4.4M | 5.2M | 7.1M |
| Change in working capital | 4.5M | -3M | -840.1K | -1.3M | 735.3K | -323.9K | -784.8K | -1.3M | 12.1K | 1.3M | -2.7M | -17M |
| Operating cash flow | -19.5M | -24.6M | -35.3M | -17.4M | -23.1M | -226.7M | 10.4M | -15.9M | -10.6M | -29.4M | -16.6M | -49.5M |
| Capital expenditure | -3.3M | -3.6M | -426.7K | -1.4M | -864K | -19.2K | -133.7K | — | — | — | — | — |
| Investing cash flow | -3.3M | -10.8M | -426.7K | -1.4M | -864K | -4.6M | -19.2M | 0 | 0 | 0 | — | — |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | 0 | — | — | — | — | -525M | 0 | 0 | 0 | 0 | 0 |
| Financing cash flow | -462.7K | -1.6M | — | — | -1.1M | -413.2K | 220.2M | -1.3M | -1.5M | -218.4K | 0 | 81.1K |
| Net change in cash | -23.3M | -37M | -35.7M | -18.7M | -25.1M | -231.7M | 211.3M | -17.1M | -12.1M | -29.6M | -16.6M | -49.5M |
| Free cash flow | -29.2M | -38.6M | -35.6M | -25.2M | -21.1M | -12.2M | -15.2M | -16.8M | -12.8M | -32.6M | -18.9M | -93.3M |