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 | -$0.47 | -$1.17 | -148.9% | — | $8.6M | — |
| Q4 25 | -$0.41 | -$21.3 | -5092.7% | — | — | — |
| Q3 25 | -$0.91 | -$7.42 | -715.4% | — | — | — |
| Q2 25 | -$0.01 | -$1.73 | -17200.0% | — | — | — |
| Q1 25 | -$3.15 | -$2.37 | +24.8% | — | $5M | — |
| Q2 24 | -$4.9 | -$9.17 | -87.1% | — | $16.4M | — |
| Q1 24 | -$3.5 | -$7.35 | -110.0% | — | $10.9M | — |
| Q4 23 | -$7.35 | -$8.75 | -19.0% | — | $13.5M | — |
| Q3 23 | -$0.17 | -$0.63 | -270.6% | — | $10.1M | — |
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 | — | -$36.5 | — | — | $30.3M | — |
| FY24 | — | -$19.6 | — | — | $56.6M | — |
| FY23 | — | -$1.28 | — | — | $46.7M | — |
| FY22 | — | -$0.17 | — | — | $38M | — |
| FY21 | — | -$0.66 |
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 | $21M | $23.6M | $31.3M | $38M | $46.7M | $56.6M | $30.3M |
| YoY change | — | +12% | +32.9% | +21.4% | +22.9% | +21.1% | -46.5% |
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 | 21M | 23.6M | 31.3M | 38M | 46.7M | 56.6M | 30.3M |
| Cost of revenue | 5.8M | 2.1M | 3.6M | 10.8M | 15.7M | 16.7M | 10.6M |
| Gross profit | 15.2M | 21.4M | 27.7M | 27.2M | 31.1M | 39.9M | 19.7M |
| Gross margin | 72.4% | 90.9% | 88.4% | 71.6% | 66.5% | 70.5% | 65% |
| Research & development | 85.5M | 10M | 9.2M | 9.1M | 12.7M | 9.6M | 20.7M |
| Selling, general & administrative | 64.7M | 43M | 50.6M | 64.9M | 119.6M | 119M | 266.9M |
| Operating expenses | 150.2M | 52.9M | 59.8M | 73.9M | 132.4M | 128.7M | 287.6M |
| Operating income | -138.7M | -35.3M | -35.8M | -50.6M | -105.4M | -92.8M | -272.3M |
| Operating margin | -659.4% | -149.7% | -114.4% | -133.1% | -225.6% | -164% | -900.1% |
| Non-operating income, net | -23.5M | 802K | -12.8M | 36.9M | -7.8M | 21.9M | -90.3M |
| Pretax income | -178.6M | -47.6M | -88.4M | -23.4M | -114.3M | -72.8M | -374M |
| Income tax | 2K | -53K | 5K | 4K | 13K | -1K | 26K |
| Net income | -178.6M | -47.5M | -88.4M | -23.4M | -114.3M | -72.8M | -374.1M |
| Net margin | -849.1% | -201.7% | -282.4% | -61.4% | -244.6% | -128.7% | -1.2K% |
| EBITDA | -134.5M | -31.5M | -32.1M | -46.7M | -108.5M | -93.5M | -233.6M |
| EPS | -1.34 | -0.36 | -0.66 | -0.17 | -1.28 | -19.6 | -36.5 |
| Diluted EPS | -1.34 | -0.36 | -0.66 | -0.17 | -1.28 | -21.4 | -36.5 |
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 | 10.1M | 13.5M | 10.9M | 16.4M | 14.4M | 14.9M | 5M | 9.9M | 10.6M | 4.8M | 8.6M | 7.6M |
| Cost of revenue | 3.4M | 4.5M | 3.8M | 4.4M | 3.8M | 4.7M | 1.4M | 3.3M | 3.3M | 2.6M | 4.4M | 3.7M |
| Gross profit | 6.7M | 8.9M | 7M | 12M | 10.7M | 10.2M | 3.6M | 6.6M | 7.2M | 2.2M | 4.2M | 4M |
| Gross margin | 66.5% | 66.4% | 64.7% | 73.2% | 73.9% | 68.5% | 72.3% | 66.9% | 68.5% | 45.5% | 48.4% | 51.9% |
| Research & development | 4.1M | 2.7M | 3.1M | 2M | 2.3M | 2.2M | 2.5M | 6.2M | 3.9M | 8.2M | 3.2M | 3.3M |
| Selling, general & administrative | 40.4M | 23.5M | 29.3M | 24.6M | 29.7M | 35.4M | 28.1M | 19.8M | 188.8M | 30.2M | 31M | 28M |
| Operating expenses | 44.5M | 26.3M | 32.4M | 26.6M | 32.1M | 37.6M | 30.5M | 26M | 192.7M | 38.3M | 34.2M | 31.3M |
| Operating income | -38.8M | -18.3M | -26.4M | -15.6M | -22.4M | -28.4M | -27.9M | -20.4M | -186.5M | -37.5M | -32.2M | -29.4M |
| Operating margin | -383.6% | -136.2% | -242.3% | -95.4% | -155.3% | -190.5% | -557.5% | -206.3% | -1.8K% | -782% | -373.5% | -385% |
| Non-operating income, net | 3.8M | -2.5M | 2.5M | -21.4M | 18.6M | 22.2M | 4.3M | -20.9M | -68.5M | -5.1M | -13.5M | -79.5M |
| Pretax income | -35.5M | -21.4M | -24.4M | -37.6M | -4.4M | -6.5M | -26.1M | -44M | -257.8M | -46.1M | -45.6M | -115M |
| Income tax | 0 | 8K | 0 | 0 | 0 | -1K | — | 19K | 1K | 6K | — | 7K |
| Net income | -35.5M | -21.4M | -24.4M | -37.6M | -4.4M | -6.5M | -26.1M | -44M | -257.8M | -46.1M | -45.6M | -115M |
| Net margin | -351.2% | -159% | -224% | -229.6% | -30.4% | -43.4% | -521.2% | -445.1% | -2.4K% | -961.9% | -530% | -1.5K% |
| EBITDA | -38.2M | -20.3M | -29.2M | -20.7M | -23.4M | -20.2M | -33M | -27.8M | -207.5M | 34.7M | -11.8M | -83.1M |
| EPS | -0.63 | — | -0.24 | -10.8 | -1.05 | — | -2.26 | -7.42 | -22.2 | — | -6.28 | -16.6 |
| Diluted EPS | -0.63 | — | -0.24 | -10.8 | -1.05 | — | -2.26 | -7.42 | -22.2 | — | -6.28 | -16.6 |
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 | — | — | — | 29.1B | 11.7B | 5.8B | — | — | 31.6M |
| Enterprise value | — | — | — | 29.3B | 11.7B | 5.9B | — | — | 137.6M |
| Shares outstanding | — | 133M | 133M | 133M | 134.2M | 130.3M | 3.7M | 11M | 11M |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | — | — | -0.12 |
| P/S | — | — | — | 929.6 | 306.9 | 123.9 | — | — | 1.09 |
| P/B | — | — | — | -130 | 322.1 | -33.5 | — | — | -0.1 |
| EV/EBITDA | — | — | — | -912.8 | -250.1 | -54.6 | — | — | -0.5 |
| EV/Sales | — | — | — | 934.4 | 306.9 | 126.6 | — | — | 4.36 |
| Earnings yield | — | — | — | — | — | — | — | — | -812.5% |
| FCF yield | — | — | — | -0.1% | -0.2% | -0.36% | — | — | -28% |
| PEG | — | — | — | — | — | — | — | — | -0 |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| Gross margin | — | 72.4% | 90.9% | 88.4% | 71.6% | 66.5% | 70.5% | 65% | 51.9% |
| Operating margin | — | -659.4% | -149.7% | -114.4% | -133.1% | -225.6% | -164% | -900.1% | -385% |
| Net margin | — | -849.1% | -201.7% | -282.4% | -61.4% | -244.6% | -128.7% | -1.2K% | 65% |
| ROE | — | -7.95% | 33.5% | 39.5% | -64.5% | 66.1% | 37.8% | 176.6% | 190.1% |
| ROA | — | -2.38% | -58.3% | -113.5% | -27% | -112.9% | -78.3% | -102.5% | -105.8% |
| ROIC | — | -20.4% | 446.6% | 48.8% | -142.8% | 217.9% | 58.7% | 276.2% | 276.2% |
| Return on tangible assets | — | -2.43% | 155.6% | 332% | 108.1% | -8.3K% | -6.7K% | -413.7% | 51.7K% |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| Current ratio | — | 6.13 | 0.29 | 0.14 | 0.66 | 0.19 | 0.16 | 0.08 | 0.07 |
| Quick ratio | — | 5.29 | 0.27 | 0.12 | 0.63 | 0.17 | 0.15 | 0.07 | 0.06 |
| Debt / equity | — | 0.26 | -0.98 | -0.69 | 0.04 | -0.74 | -0.2 | -0.59 | -0 |
| Debt / assets | — | 0.08 | 1.7 | 1.99 | 0.02 | 1.27 | 0.41 | 0.34 | 0.39 |
| Net debt / EBITDA | — | 11.7 | -4.25 | -4.69 | 0.02 | -1.15 | -0.37 | -0.48 | -0.36 |
| Interest coverage | — | -9.57 | -2.63 | -1.22 | -1.43 | -106 | -36.1 | -31.6 | -31.6 |
| Effective tax rate | — | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| Revenue per share | — | 0.16 | 0.18 | 0.24 | 0.28 | 0.36 | 15.1 | 2.74 | 3.64 |
| EPS (basic) | — | -1.34 | -0.36 | -0.66 | -0.17 | -1.28 | -19.6 | -36.5 | -36.5 |
| EPS (diluted) | — | -1.34 | -0.36 | -0.66 | -0.17 | -1.28 | -21.4 | -36.5 | -49.7 |
| Book value per share | — | 16.9 | -1.06 | -1.68 | 0.27 | -1.33 | -51.4 | -19.2 | -43.8 |
| FCF per share | — | -0.46 | -0.24 | -0.22 | -0.17 | -0.16 | 5 | 0.28 | -2.67 |
| Cash per share | — | 16.3 | 0.04 | 0.03 | 0.02 | 0.03 | 0.87 | 1 | 0.08 |
| Capex per share | — | 0 | 0 | 0 | 0 | 0 | 0 | — | — |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| Capex / revenue | — | 2.78% | 0.11% | 0% | 0.02% | 0.06% | 0% | — | — |
| Capex / operating cash flow | — | -0.66% | -0.07% | 0% | -0.02% | -0.04% | 0% | — | — |
| Payout ratio | — | — | — | — | — | — | — | — | 0% |
| — |
| — |
| $31.3M |
| — |
| FY20 | — | -$0.36 | — | — | $23.6M | — |
| FY19 | — | -$1.34 | — | — | $21M | — |
| Q1 24 |
|---|
| Q2 24 |
|---|
| Q3 24 |
|---|
| Q4 24 |
|---|
| Q1 25 |
|---|
| Q2 25 |
|---|
| Q3 25 |
|---|
| Q4 25 |
|---|
| Q1 26 |
|---|
| Q2 26 |
|---|
| Revenue | $10.1M | $13.5M | $10.9M | $16.4M | $14.4M | $14.9M | $5M | $9.9M | $10.6M | $4.8M | $8.6M | $7.6M |
| YoY change | -11.1% | +12.9% | +2.85% | +30.1% | +42.7% | +10.7% | -54% | -39.5% | -26.8% | -67.8% | +72.1% | -22.8% |
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 | 2.5B | 2.2B | 4.8M | 4.3M | 2.2M | 3.9M | 3.3M | 11M |
| Receivables | 128.3M | 475M | 13.1M | 14.3M | 21.2M | 34.6M | 26.4M | 15.2M |
| Inventory | 444.8M | 497.1M | 1.1M | 2.6M | 1.4M | 4.2M | 2.4M | 4.8M |
| Total current assets | 3.9B | 3.6B | 22.4M | 23M | 29.6M | 46.8M | 41.5M | 38.4M |
| Property, plant & equipment | 1.5B | 2.1B | 2.5M | 2.1M | 1.9M | 3.7M | 2.9M | 28.4M |
| Goodwill & intangibles | 177.2M | 158M | 112M | 104.6M | 108.1M | 99.9M | 91.9M | 274.6M |
| Total assets | 7.1B | 7.5B | 81.5M | 77.9M | 86.5M | 101.3M | 93M | 365M |
| Accounts payable | 233.3M | 218.1M | 8.1M | 4.3M | 8.4M | 41M | 52.6M | 86.3M |
| Short-term debt | 5.6M | 28.6M | 29.3M | 58.1M | 745K | 109.2M | 35.6M | 88.5M |
| Total current liabilities | 383M | 586.9M | 78.5M | 169.4M | 44.8M | 250.4M | 259.6M | 483.7M |
| Long-term debt | 461.2M | 566.7M | 109.3M | 96.7M | 665K | 19.3M | 2.4M | 35.6M |
| Total liabilities | 1.1B | 1.4B | 223.2M | 301.8M | 50.3M | 274.2M | 285.6M | 576.7M |
| Shareholders' equity | 2.4B | 2.2B | -141.7M | -223.9M | 36.2M | -172.9M | -192.6M | -211.8M |
| Total debt | 466.8M | 595.3M | 138.6M | 154.7M | 1.4M | 128.5M | 38M | 124.1M |
| Net debt | -936.8M | -757.4M | 133.8M | 150.4M | -774K | 124.5M | 34.7M | 119.2M |
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 | 2M | 3.9M | 1.8M | 6.9M | 77K | 3.3M | 5.8M | 4.1M | 878K | 11M | 3.4M | 581K |
| Receivables | 16.4M | 34.6M | 29.7M | 38M | 31.6M | 26.4M | 10.6M | 16.8M | 11.9M | 15.2M | 10.6M | 6.4M |
| Inventory | 3.9M | 4.2M | 3.5M | 3.1M | 2.4M | 2.4M | 3M | 2.5M | 1.1M | 4.8M | 4.5M | 4.2M |
| Total current assets | 25.5M | 46.8M | 37.7M | 50.4M | 39.9M | 41.5M | 28.7M | 33.7M | 16.5M | 38.4M | 42M | 36.2M |
| Property, plant & equipment | 3.9M | 3.7M | 3.5M | 3.3M | 3.1M | 2.9M | 2.8M | 2.6M | 2.4M | 28.4M | 27.6M | 26.8M |
| Goodwill & intangibles | 102M | 99.9M | 97.9M | 95.9M | 93.9M | 91.9M | 89.9M | 89.8M | 481.1M | 274.6M | 277.4M | 254.5M |
| Total assets | 80.5M | 101.3M | 91.2M | 104.5M | 100.4M | 93M | 79M | 83.8M | 275.9M | 365M | 293.7M | 253.6M |
| Accounts payable | 32.6M | 41M | 42.2M | 41.8M | 43.4M | 52.6M | 57.3M | 59.2M | 67.4M | 86.3M | 101.6M | 121M |
| Short-term debt | 116M | 109.2M | 93.7M | 76.1M | 85.3M | 35.6M | 40.2M | 40.6M | 50.9M | 88.5M | 85.3M | 85.3M |
| Total current liabilities | 228.6M | 250.4M | 252.7M | 255.5M | 281.5M | 259.6M | 275.7M | 305.9M | 358.9M | 483.7M | 501.8M | 512.2M |
| Long-term debt | 9.3M | 19.3M | 18.4M | 30.9M | 16M | 2.4M | 1.3M | 1.1M | 918K | 35.6M | 12.7M | 12.5M |
| Total liabilities | 243.2M | 274.2M | 281M | 319.2M | 311.7M | 285.6M | 290.5M | 332.7M | 455.6M | 576.7M | 547.7M | 564M |
| Shareholders' equity | -162.7M | -172.9M | -189.8M | -214.7M | -211.3M | -192.6M | -211.5M | -249M | -179.7M | -211.8M | -254.1M | -310.5M |
| Total debt | 125.3M | 128.5M | 112M | 107M | 101.4M | 38M | 41.5M | 41.8M | 51.9M | 124.1M | 98M | 97.8M |
| Net debt | 123.4M | 124.5M | 110.2M | 100.1M | 101.3M | 34.7M | 35.7M | 37.7M | 51M | 119.2M | 94.6M | 97.2M |
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 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|
| Net income | -178.6M | -47.5M | -88.4M | -23.4M | -114.3M | -72.8M | -374.1M |
| Depreciation & amortization | 3.8M | 3.8M | 3.8M | 4M | 4.1M | 4M | 4.6M |
| Stock-based compensation | 4.3M | 5.4M | 5.8M | 5.3M | 14.6M | 15.7M | 15.5M |
| Change in working capital | -9.4M | -305K | -6.5M | -2.9M | 3.8M | 1.8M | 27.9M |
| Operating cash flow | -89.1M | -38M | -61.5M | -34.5M | -83.2M | -44.8M | 3.8M |
| Capital expenditure | -584K | -25K | 0 | -7K | -30K | 0 | — |
| Investing cash flow | -17.6M | -25K | 0 | -7K | -30K | -2.1M | 4.8M |
| Dividends paid | — | — | — | — | — | — | — |
| Share repurchases | — | — | 0 | 0 | -10M | 0 | — |
| Financing cash flow | 15.8M | -19.2M | 28.2M | 21.1M | 22.4M | -19.9M | -9.1M |
| Net change in cash | -90.9M | -57.3M | -33.3M | -13.5M | -60.8M | -66.8M | -446K |
| Free cash flow | -61M | -31.5M | -28.7M | -23.3M | -21M | 18.7M | 3.1M |
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 | -35.5M | -21.4M | -24.4M | -37.6M | -4.4M | -6.5M | -26.1M | -44M | -257.8M | -46.1M | -45.6M | -115M |
| Depreciation & amortization | 1M | 1M | 1M | 1M | 1M | 1M | 1M | 1M | 1M | 1.6M | 2.9M | 2.8M |
| Stock-based compensation | 3.5M | 3.8M | 3.6M | 3.6M | 3.7M | 4.8M | 3.3M | 3.3M | 3.3M | 5.6M | 3.6M | 3.6M |
| Change in working capital | 16.2M | -10.2M | 6.6M | -8.7M | 7M | -3.1M | 20.2M | -4.1M | 10.5M | 1.3M | 16.7M | 12M |
| Operating cash flow | -9.6M | -23.5M | -9M | -46.7M | 19.8M | -12.8M | 9.4M | 7M | 8.2M | -17.5M | -1.1M | -6.7M |
| Capital expenditure | -21K | -1K | — | — | 0 | 0 | — | — | — | — | — | — |
| Investing cash flow | -21K | -1K | — | — | -2M | -45K | -245K | -3K | -2K | -17M | -6.1M | 6.3M |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | 0 | — | — | — | 0 | — | — | — | — | — | — |
| Financing cash flow | -699K | 8.3M | -11.2M | 4.4M | -4.7M | -8.4M | -3.1M | -8.6M | -8.5M | 11.2M | 9.1M | 12.5M |
| Net change in cash | -10.3M | -15.2M | -20.2M | -42.3M | 13.1M | -21.3M | 6.1M | -1.6M | -308K | -23.3M | 1.9M | 12.1M |
| Free cash flow | 5.7M | -5.6M | 9.2M | 2.2M | 5M | 2.4M | 5.9M | 6.9M | 7.9M | -17.6M | -4.2M | -4.6M |