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 | $0.01 | $0.01 | 0.0% | — | $131.2M | — |
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 | — | -$0.04 | — | — | $489.3M | — |
| FY24 | — | -$0.72 | — | — | $441.9M | — |
| FY23 | — | -$0.31 | — | — | $363.7M | — |
| FY22 | — | -$0.08 | — | — | $282.4M | — |
| FY22 | — | — | — | — | — | — |
| FY21 | — | -$0.29 | — | — | $249.2M | — |
| FY21 | — | — | — | — | $0 | — |
| FY20 | — | -$0.12 | — | — | $238.9M | — |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|
| Revenue | $238.9M | $249.2M | $282.4M | $363.7M | $441.9M | $489.3M |
| YoY change | — | +4.32% | +13.3% | +28.8% | +21.5% | +10.7% |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | Q4 21 | Q4 22 | Q3 23 | Q4 23 | Q2 24 |
|---|
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|
| Revenue | 238.9M | 249.2M | 282.4M | 363.7M | 441.9M | 489.3M |
| Cost of revenue | 211.4M | 212.1M | 232.3M | 322.1M | 390.4M | 438.6M |
| Gross profit | 27.5M | 37.2M | 50.1M | 41.7M | 51.5M | 50.7M |
| Gross margin | 11.5% | 14.9% | 17.7% | 11.5% | 11.6% | 10.4% |
| Research & development | 5M | 3.7M | 8.5M | 14.1M | 40.2M | 9M |
| Selling, general & administrative | 14.6M | 23.2M | 54.2M | 43M | 69.6M | 37.9M |
| Operating expenses | 19.6M | 26.8M | 62.7M | 57.2M | 109.8M | 46.9M |
| Operating income | 7.8M | 10.4M | -12.6M | -15.5M | -58.4M | 3.9M |
| Operating margin | 3.28% | 4.16% | -4.45% | -4.25% | -13.2% | 0.79% |
| Non-operating income, net | 2.6M | 3.2M | 5.6M | 4.9M | 1.3M | -1.7M |
| Pretax income | 8.4M | 10.5M | -10.7M | -15M | -61.6M | -2.1M |
| Income tax | 1.8M | 938K | 231K | 2.6M | 2.9M | 346K |
| Net income | -9.8M | -18.1M | -11.9M | -17.6M | -64.5M | -2.4M |
| Net margin | -4.09% | -7.26% | -4.21% | -4.83% | -14.6% | -0.49% |
| EBITDA | 11.8M | 16.9M | -1.8M | -5.6M | -52.3M | 8.1M |
| EPS | -0.12 | -0.29 | -0.08 | -0.31 | -0.72 | -0.04 |
| Diluted EPS | -0.12 | -0.29 | -0.08 | -0.31 | -0.72 | -0.04 |
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | Q4 21 | Q4 22 | Q3 23 | Q4 23 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q3 25 | Q4 25 | Q1 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 91.1M | 113.3M | 117.5M | 109.6M | 129.2M | 102.6M | 115.8M | 151.2M | 131.2M |
| Cost of revenue | — | — | 1.3M | 183.3M | 63.1M | 51.2M | 231.6M | 48.4M | 52.8M | 284.3M | 65.2M |
| Gross profit | — | — | 89.7M | -70M | 54.4M | 58.4M | -102.4M | 54.2M | 63M | -133.1M | 65.9M |
| Gross margin | — | — | 98.5% | -61.8% | 46.3% | 53.3% | -79.3% | 52.8% | 54.4% | -88% | 50.3% |
| Research & development | — | — | 1.4M | 8.6M | 31.6M | 1.4M | 6.6M | 923K | 1.7M | 5.5M | 1.2M |
| Selling, general & administrative | 256.4K | 288.5K | 93M | -66.8M | 76.8M | 56.7M | -109M | 56.2M | 58.4M | -140.8M | 61.8M |
| Operating expenses | 256.4K | 288.5K | 94.4M | -58.1M | 108.4M | 58.2M | -102.4M | 57.1M | 60.1M | -135.2M | 62.9M |
| Operating income | -256.4K | -288.5K | -4.7M | -11.9M | -54.1M | 245K | 3K | -3M | 2.9M | 2.2M | 3M |
| Operating margin | — | — | -5.14% | -10.5% | -46% | 0.22% | 0% | -2.88% | 2.5% | 1.44% | 2.3% |
| Non-operating income, net | 20K | -10K | 741K | 1.4M | 511K | 147K | 105K | 256K | 124K | 151K | 144K |
| Pretax income | -231.3K | 224.7K | -5.7M | -11.3M | -54.7M | -769K | -958K | -3.7M | 2M | 1.2M | 2M |
| Income tax | 0 | 0 | 135K | 1.6M | 466K | 664K | 1.9M | -84K | 549K | -494K | 448K |
| Net income | -231.3K | 224.7K | -5.8M | -12.9M | -55.2M | -1.4M | -2.9M | -3.6M | 1.4M | 1.7M | 1.6M |
| Net margin | — | — | -6.38% | -11.4% | -46.9% | -1.31% | -2.23% | -3.55% | 1.22% | 1.14% | 1.19% |
| EBITDA | -276.4K | -278.5K | -2.8M | -9.5M | -52.8M | 2M | 1.4M | -1.3M | 4.7M | 3.3M | 4.8M |
| EPS | — | — | — | — | — | — | — | -0.03 | — | — | 0.01 |
| Diluted EPS | — | — | — | — | — | — | — | -0.03 | — | — | 0.01 |
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 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Market cap | — | — | — | — | — | — | 51.2M |
| Enterprise value | — | — | — | — | — | — | 162M |
| Shares outstanding | 82.5M | 82.5M | 82.5M | 85.4M | 96M | 102.1M | 102.1M |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | 16.6 |
| P/S | — | — | — | — | — | — | 0.09 |
| P/B | — | — | — | — | — | — | 1.57 |
| EV/EBITDA | — | — | — | — | — | — | 10.6 |
| EV/Sales | — | — | — | — | — | — | 0.3 |
| Earnings yield | — | — | — | — | — | — | 6.02% |
| FCF yield | — | — | — | — | — | — | 18.9% |
| PEG | — | — | — | — | — | — | 3.32 |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Gross margin | 11.5% | 14.9% | 17.7% | 11.5% | 11.6% | 10.4% | 50.3% |
| Operating margin | 3.28% | 4.16% | -4.45% | -4.25% | -13.2% | 0.79% | 2.26% |
| Net margin | -4.09% | -7.26% | -4.21% | -4.83% | -14.6% | -0.49% | 0.6% |
| ROE | -19.8% | -68.4% | -32.4% | -25.9% | -97.3% | -2.65% | 7.14% |
| ROA | -4.63% | -8.44% | -6.2% | -7.87% | -26.1% | -0.95% | 2.61% |
| ROIC | 42.1% | 29.6% | -19.7% | -15.5% | -56.9% | 3.03% | 2.56% |
| Return on tangible assets | -4.63% | -8.44% | -6.2% | -7.87% | -26.1% | -0.95% | 0.41% |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Current ratio | 1.46 | 1.2 | 0.94 | 1.41 | 1.25 | 1.24 | 1.28 |
| Quick ratio | 1.46 | 1.2 | 0.94 | 1.41 | 1.25 | 1.24 | 1.28 |
| Debt / equity | 1.23 | 2.61 | 2.04 | 1.24 | 1.27 | 0.93 | 0.87 |
| Debt / assets | 0.29 | 0.32 | 0.39 | 0.38 | 0.34 | 0.33 | 0.33 |
| Net debt / EBITDA | -2.94 | 0.32 | -15.5 | -5.69 | -0.69 | 4.63 | 4.34 |
| Interest coverage | 4.99 | 4.46 | -1.92 | -2.38 | -12.6 | 0.52 | 1.34 |
| Effective tax rate | 20.9% | 8.91% | 0% | 0% | 0% | 0% | 28.5% |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Revenue per share | 2.89 | 3.02 | 3.42 | 4.26 | 4.6 | 4.79 | 5.32 |
| EPS (basic) | -0.12 | -0.29 | -0.08 | -0.31 | -0.72 | -0.04 | -0.04 |
| EPS (diluted) | -0.12 | -0.29 | -0.08 | -0.31 | -0.72 | -0.04 | 0.03 |
| Book value per share | 0.6 | 0.32 | 0.45 | 0.8 | 0.69 | 0.89 | 0.32 |
| FCF per share | 0.11 | -0.33 | -0.25 | -0.38 | 0.12 | 0.05 | -0.03 |
| Cash per share | 1.16 | 0.77 | 0.58 | 0.61 | 0.5 | 0.46 | 0.38 |
| Capex per share | 0.11 | 0.02 | 0.05 | 0.06 | 0.01 | — | — |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Capex / revenue | 3.97% | 0.52% | 1.54% | 1.34% | 0.12% | — | — |
| Capex / operating cash flow | 169.8% | -19.9% | -10.4% | 15.2% | 4.2% | — | — |
| Payout ratio | 0% | -36.6% | — | — | — | — | 0% |
| Q3 24 |
|---|
| Q4 24 |
|---|
| Q1 25 |
|---|
| Q3 25 |
|---|
| Q4 25 |
|---|
| Q1 26 |
|---|
| Revenue | $0 | $0 | $91.1M | $113.3M | $117.5M | $109.6M | $129.2M | $102.6M | $115.8M | $151.2M | $131.2M |
| YoY change | — | 0% | — | +InfinityT% | — | +20.4% | +14% | — | +5.61% | +17% | +27.9% |
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 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|
| Cash & short-term investments | 95.6M | 63.7M | 47.7M | 52.5M | 47.9M | 46.6M |
| Receivables | 49M | 85.6M | 85.6M | 56M | 75.6M | 59.8M |
| Inventory | — | — | — | — | — | — |
| Total current assets | 165.3M | 161.7M | 145.3M | 175.2M | 196.3M | 183.3M |
| Property, plant & equipment | 28.2M | 35.1M | 32.9M | 34.5M | 38.4M | 51.2M |
| Goodwill & intangibles | — | — | — | — | 0 | 816K |
| Total assets | 211.1M | 214.3M | 192M | 223.2M | 246.7M | 253.2M |
| Accounts payable | 17.3M | 31.5M | 24.2M | 26.6M | 56.8M | 41.4M |
| Short-term debt | 60.9M | 69M | 75M | 83.8M | 84.1M | 81.3M |
| Total current liabilities | 113.1M | 135.1M | 155.2M | 124.4M | 156.8M | 147.3M |
| Long-term debt | — | — | 0 | 504K | 21K | 2.7M |
| Total liabilities | 161.7M | 187.8M | 155.2M | 155.2M | 180.5M | 162.5M |
| Shareholders' equity | 49.5M | 26.5M | 36.8M | 68M | 66.2M | 90.7M |
| Total debt | 60.9M | 69M | 75M | 84.3M | 84.2M | 84M |
| Net debt | -16M | 34.5M | 53.8M | 53.4M | 57.3M | 59M |
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 | Q4 21 | Q4 22 | Q4 23 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q3 25 | Q4 25 | Q1 26 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 63.7M | 47.7M | 52.5M | 41.8M | 42M | 47.9M | 60.5M | 45.3M | 46.6M | 35.3M |
| Receivables | 85.6M | 85.6M | 56M | 76.6M | 77.1M | 75.6M | 83.7M | 75.3M | 59.8M | 46.1M |
| Inventory | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 161.7M | 145.3M | 175.2M | 190.8M | 196.5M | 196.3M | 227.2M | 220M | 183.3M | 192.9M |
| Property, plant & equipment | 35.1M | 32.9M | 34.5M | 33.4M | 33.7M | 38.4M | 38.6M | 41.6M | 51.2M | 52.9M |
| Goodwill & intangibles | — | — | — | — | — | 0 | — | — | 816K | 826K |
| Total assets | 214.3M | 192M | 223.2M | 243.9M | 252.1M | 246.7M | 276.7M | 274M | 253.2M | 259M |
| Accounts payable | 31.5M | 24.2M | 26.6M | 52.1M | 55M | 56.8M | 66.9M | 66M | 41.4M | 46.9M |
| Short-term debt | 69M | 75M | 83.8M | 82.1M | 84.1M | 84.1M | 84.8M | 87.7M | 81.3M | 83M |
| Total current liabilities | 135.1M | 155.2M | 124.4M | 144.7M | 152.5M | 156.8M | 168.2M | 172.4M | 147.3M | 150.5M |
| Long-term debt | — | 0 | 504K | 154K | 20K | 21K | 17K | 32K | 2.7M | 2.5M |
| Total liabilities | 187.8M | 155.2M | 155.2M | 174.5M | 176.8M | 180.5M | 187.1M | 185.2M | 162.5M | 165.8M |
| Shareholders' equity | 26.5M | 36.8M | 68M | 69.4M | 75.2M | 66.2M | 89.6M | 88.8M | 90.7M | 93.1M |
| Total debt | 69M | 75M | 84.3M | 82.2M | 84.1M | 84.2M | 84.8M | 87.7M | 84M | 85.5M |
| Net debt | 34.5M | 53.8M | 53.4M | 61.4M | 63.9M | 57.3M | 45.6M | 64M | 59M | 72M |
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 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|
| Net income | 6.6M | 9.6M | -10.9M | -17.6M | -64.5M | -2.4M |
| Depreciation & amortization | 1.6M | 4.1M | 5.7M | 4.9M | 5.3M | 6.9M |
| Stock-based compensation | 520K | 1.7M | 1.6M | 11.3M | 63.5M | 998K |
| Change in working capital | -835K | -20.6M | -36.4M | 32.9M | 7.4M | -152K |
| Operating cash flow | 5.6M | -6.5M | -42M | 32.1M | 13M | 5.7M |
| Capital expenditure | -9.5M | -1.3M | -4.4M | -4.9M | -545K | — |
| Investing cash flow | -29M | -20.1M | -5.4M | -2.4M | -12.1M | -12.5M |
| Dividends paid | 0 | -6.6M | — | — | — | — |
| Share repurchases | — | 0 | 0 | -2M | 0 | -15.8M |
| Financing cash flow | -10.3M | -78M | -100.5M | -55.7M | -105.9M | -106.9M |
| Net change in cash | -33.8M | -104.5M | -147.8M | -26M | -105.1M | -113.7M |
| Free cash flow | 9.1M | -26.9M | -20.5M | -32.6M | 11.3M | 5.3M |
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 | Q4 22 | Q1 23 | Q2 23 | Q3 23 | Q4 23 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q3 25 | Q4 25 | Q1 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income | 606K | 686.4K | 224.7K | -5.8M | -12.9M | -55.2M | -1.4M | -2.9M | -3.6M | 1.4M | 1.7M | 1.6M |
| Depreciation & amortization | — | — | — | 1.2M | 469K | 900K | 1.7M | 1.4M | 1.5M | 1.8M | 1.7M | 1.7M |
| Stock-based compensation | — | — | — | 371K | 10.1M | 62.4M | 376K | 374K | 370K | 375K | -119K | 0 |
| Change in working capital | — | — | — | 14M | 677K | -26.4M | 3.6M | 3.5M | 2M | 12.8M | -4M | 21.3M |
| Operating cash flow | 596.8K | 597.5K | -298.5K | 9M | 80K | -18.7M | 4.3M | 4.4M | -9.3M | -1.8M | 16.8M | -7.9M |
| Capital expenditure | — | — | — | -3.3M | -1.1M | -77K | -319K | 19K | — | — | — | — |
| Investing cash flow | — | — | — | -3.1M | -267K | -3.2M | -2.5M | -2.3M | -122K | -1.2M | -6M | -2.7M |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | -13.8M | 0 | 0 | 0 |
| Financing cash flow | 0 | 50K | 250K | -25.4M | -10.4M | -28.7M | -24.6M | -23.1M | -6.1M | -28.3M | -39.8M | -30.4M |
| Net change in cash | 596.8K | 647.5K | -48.5K | -19.5M | -10.6M | -50.6M | -22.9M | -21M | -15.5M | -31.3M | -29M | -41.1M |
| Free cash flow | -45.7K | -122.5K | -228.4K | -13.9M | 2.4M | 1.6M | 3.5M | 10.6M | -9.3M | -2M | 16.7M | -8M |