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 | -$0.15 | -$0.09 | +40.0% | — | $56M | — |
| Q1 26 | -$0.19 | -$0.1 | +47.4% | — | $52.6M | — |
| Q4 25 | -$0.13 | -$0.04 | +69.2% | — | $56.3M | — |
| Q3 25 | -$0.16 | -$0.11 | +31.3% | — | $48.7M | — |
| Q2 25 | -$0.18 | -$0.14 | +22.2% | — | $48.6M | — |
| Q1 25 | -$0.22 | -$0.15 | +31.8% | — | $47.3M | — |
| Q4 24 | -$0.13 | -$0.11 | +15.4% | — | $49M | — |
| Q3 24 | -$0.24 | -$0.16 | +33.3% | — | $40.3M | — |
| Q2 24 | -$0.28 | -$0.22 | +21.4% | — | $40M | — |
| Q1 24 | -$0.31 | -$0.27 | +12.9% | — | $37.9M | — |
| Q4 23 | -$0.28 | -$0.27 | +3.6% | — | $38.9M | — |
| Q3 23 | -$0.34 | -$0.25 | +26.5% | — | $34M | — |
| Q2 23 | -$0.4 | -$0.3 | +25.0% | — | $33.3M | — |
| Q1 23 | -$0.41 | -$0.32 | +22.0% | — | $32.7M | — |
| Q4 22 | -$0.4 | -$0.32 | +20.0% | — | $32M | — |
| Q3 22 | -$0.47 | -$0.41 | +12.8% | — | $26.4M | — |
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 | — | -$0.44 | — | — | $200.9M | — |
| FY24 | — | -$0.75 | — | — | $167.2M | — |
| FY23 | — | -$1.13 | — | — | $138.9M | — |
| FY22 | — | -$1.79 | — | — | $106.4M |
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 | $42.1M | $48M | $55.4M | $67.3M | $73.4M | $90.2M | $106.4M | $138.9M | $167.2M | $200.9M |
| YoY change | — | +14% | +15.4% | +21.5% | +9.04% | +22.8% | +18% | +30.5% | +20.4% | +20.2% |
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 | 42.1M | 48M | 55.4M | 67.3M | 73.4M | 90.2M | 106.4M | 138.9M | 167.2M | 200.9M |
| Cost of revenue | 5.2M | 5.1M | 4.8M | 6.8M | 8.9M | 10.4M | 15.7M | 29.5M | 35.1M | 41M |
| Gross profit | 36.9M | 42.9M | 50.5M | 60.5M | 64.5M | 79.7M | 90.7M | 109.4M | 132.1M | 159.9M |
| Gross margin | 87.7% | 89.3% | 91.3% | 89.9% | 87.9% | 88.4% | 85.2% | 78.8% | 79% | 79.6% |
| Research & development | 6.4M | 5.5M | 5.4M | 7.3M | 9.5M | 12.4M | 13.6M | 15M | 16.6M | 17.4M |
| Selling, general & administrative | 48.1M | 54.7M | 57.1M | 89.2M | 93.6M | 119M | 136.7M | 141.3M | 150.8M | 164.8M |
| Operating expenses | 54.5M | 60.2M | 62.5M | 96.5M | 103.1M | 131.4M | 150.3M | 156.4M | 167.4M | 182.2M |
| Operating income | -17.6M | -17.4M | -12M | -36M | -38.6M | -51.7M | -59.6M | -46.9M | -35.2M | -22.3M |
| Operating margin | -41.7% | -36.2% | -21.6% | -53.5% | -52.6% | -57.3% | -56% | -33.8% | -21.1% | -11.1% |
| Non-operating income, net | 213K | 340K | -1.1M | -2K | -126K | 277K | -132K | 141K | -73K | -20K |
| Pretax income | -20.6M | -23M | -17.5M | -38.4M | -43.7M | -56.6M | -61.3M | -43.3M | -30.9M | -18.9M |
| Income tax | — | — | — | — | — | — | — | — | — | — |
| Net income | -20.6M | -23M | -17.5M | -38.4M | -43.7M | -56.6M | -61.3M | -43.3M | -30.9M | -18.9M |
| Net margin | -48.9% | -48% | -31.5% | -57.1% | -59.5% | -62.8% | -57.6% | -31.2% | -18.5% | -9.41% |
| EBITDA | -16.2M | -15.8M | -11.6M | -32.7M | -36.5M | -49.1M | -55M | -34.4M | -23.1M | -10.5M |
| EPS | -1.33 | -6.65 | -2.2 | -1.55 | -1.5 | -1.71 | -1.79 | -1.13 | -0.75 | -0.44 |
| Diluted EPS | -1.33 | -6.65 | -2.2 | -1.55 | -1.5 | -1.71 | -1.79 | -1.13 | -0.75 | -0.44 |
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 | 34M | 38.9M | 37.9M | 40M | 40.3M | 49M | 47.3M | 48.6M | 48.7M | 56.3M | 52.6M | 56M |
| Cost of revenue | 7M | 10.2M | 8M | 8.4M | 8.4M | 10.2M | 9.6M | 9.8M | 9.8M | 11.8M | 10.6M | 11.5M |
| Gross profit | 27M | 28.7M | 29.9M | 31.6M | 31.9M | 38.8M | 37.7M | 38.8M | 38.8M | 44.5M | 41.9M | 44.5M |
| Gross margin | 79.3% | 73.8% | 78.9% | 79% | 79.1% | 79.1% | 79.7% | 79.8% | 79.8% | 79% | 79.8% | 79.5% |
| Research & development | 3.9M | 4.2M | 4.3M | 4.4M | 4M | 3.9M | 4.5M | 4.3M | 4.2M | 4.4M | 4.2M | 5.2M |
| Selling, general & administrative | 34.2M | 37M | 37.6M | 37.3M | 35.5M | 40.4M | 40.6M | 41.5M | 40M | 42.6M | 42.8M | 44.1M |
| Operating expenses | 38.1M | 41.2M | 41.9M | 41.7M | 39.5M | 44.3M | 45.2M | 45.8M | 44.2M | 47M | 47M | 49.4M |
| Operating income | -11.2M | -12.5M | -12M | -10.1M | -7.6M | -5.5M | -7.5M | -7M | -5.4M | -2.5M | -5.1M | -4.8M |
| Operating margin | -32.8% | -32.2% | -31.8% | -25.2% | -18.9% | -11.2% | -15.8% | -14.4% | -11.1% | -4.37% | -9.68% | -8.58% |
| Non-operating income, net | -143K | 185K | -93K | 4K | 6K | 8K | 8K | -2K | -28K | 2K | 1K | -16K |
| Pretax income | -10M | -11M | -10.9M | -8.9M | -6.6M | -4.5M | -6.5M | -6.2M | -4.6M | -1.6M | -4.3M | -4.1M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — |
| Net income | -10M | -11M | -10.9M | -8.9M | -6.6M | -4.5M | -6.5M | -6.2M | -4.6M | -1.6M | -4.3M | -4.1M |
| Net margin | -29.5% | -28.3% | -28.8% | -22.4% | -16.3% | -9.17% | -13.8% | -12.7% | -9.38% | -2.92% | -8.24% | -7.3% |
| EBITDA | -7.6M | -8.5M | -8.9M | -7.1M | -4.6M | -2.5M | -4.6M | -4.1M | -2.4M | 624K | -2.1M | -1.8M |
| EPS | -0.25 | -0.27 | -0.27 | -0.22 | -0.16 | -0.11 | -0.15 | -0.14 | -0.11 | -0.04 | -0.1 | -0.09 |
| Diluted EPS | -0.25 | -0.27 | -0.27 | -0.22 | -0.16 | -0.11 | -0.15 | -0.14 | -0.11 | -0.04 | -0.1 | -0.09 |
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 | — | — | — | — | — | — | 465.1M | — | 581.4M | 847.2M | 832M |
| Enterprise value | — | — | — | — | — | — | 407.3M | — | 468.8M | 736M | 730M |
| Shares outstanding | 15.5M | 3.5M | 8M | 24.7M | 29.1M | 33.1M | 34.2M | 38.4M | 41.5M | 43M | 43M |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | — | — | — | — | -42.7 |
| P/S | — | — | — | — | — | — | 4.37 | — | 3.48 | 4.22 | 3.86 |
| P/B | — | — | — | — | — | — | 4.73 | — | 3.48 | 4.77 | 4.56 |
| EV/EBITDA | — | — | — | — | — | — | -7.41 | — | -20.3 | -70.1 | -64.5 |
| EV/Sales | — | — | — | — | — | — | 3.83 | — | 2.8 | 3.66 | 3.42 |
| Earnings yield | — | — | — | — | — | — | — | — | — | — | -2.34% |
| FCF yield | — | — | — | — | — | — | -11% | — | -3.94% | -1.07% | -0.1% |
| PEG | — | — | — | — | — | — | — | — | — | — | 1.19 |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross margin | 87.7% | 89.3% | 91.3% | 89.9% | 87.9% | 88.4% | 85.2% | 78.8% | 79% | 79.6% | 79.5% |
| Operating margin | -41.7% | -36.2% | -21.6% | -53.5% | -52.6% | -57.3% | -56% | -33.8% | -21.1% | -11.1% | -8.58% |
| Net margin | -48.9% | -48% | -31.5% | -57.1% | -59.5% | -62.8% | -57.6% | -31.2% | -18.5% | -9.41% | -6.85% |
| ROE | 18.9% | 17.8% | -19.4% | -60.9% | -25.8% | -42.1% | -62.3% | -25.6% | -18.5% | -10.6% | -8.3% |
| ROA | -52.2% | -64.3% | -12.6% | -32.8% | -19.6% | -29.7% | -38.9% | -18.8% | -13.4% | -7.92% | -4.62% |
| Return on tangible assets | -52.3% | -64.4% | -12.6% | -32.8% | -19.6% | -29.7% | -38.9% | -18.8% | -13.4% | -7.92% | -5.88% |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current ratio | 2.71 | 4.46 | 15.1 | 5.94 | 16.2 | 10.4 | 6.5 | 9.01 | 7.66 | 8.55 | 9.15 |
| Quick ratio | 2.6 | 4.12 | 14.7 | 5.65 | 15.8 | 9.73 | 5.68 | 8.15 | 6.66 | 7.21 | 7.55 |
| Debt / equity | -0.27 | -0.3 | 0.43 | 0.62 | 0.23 | 0.3 | 0.4 | 0.23 | 0.22 | 0.21 | 0.23 |
| Debt / assets | 0.74 | 1.08 | 0.28 | 0.34 | 0.18 | 0.21 | 0.25 | 0.17 | 0.16 | 0.15 | 0.17 |
| Net debt / EBITDA | -0.09 | -1.03 | 7.16 | 1.61 | 4.3 | 2.17 | 1.05 | 3.69 | 4.87 | 10.6 | 18 |
| Interest coverage | -5.22 | -2.71 | -2.42 | -6.76 | -6.16 | -9.54 | -20.7 | -11.5 | -7.99 | -6.19 | -4.88 |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue per share | 2.72 | 13.8 | 6.97 | 2.72 | 2.53 | 2.72 | 3.11 | 3.61 | 4.03 | 4.68 | 4.88 |
| EPS (basic) | -1.33 | -6.65 | -2.2 | -1.55 | -1.5 | -1.71 | -1.79 | -1.13 | -0.75 | -0.44 | -0.44 |
| EPS (diluted) | -1.33 | -6.65 | -2.2 | -1.55 | -1.5 | -1.71 | -1.79 | -1.13 | -0.75 | -0.44 | -0.33 |
| Book value per share | -7.02 | -37.3 | 11.3 | 2.55 | 5.83 | 4.06 | 2.87 | 4.41 | 4.03 | 4.13 | 4.08 |
| FCF per share | -1.11 | -5.19 | -1.94 | -1.38 | -1.14 | -1.39 | -1.5 | -0.69 | -0.55 | -0.21 | -0.1 |
| Cash per share | 1.8 | 6.46 | 15.4 | 3.71 | 6.76 | 4.43 | 2.84 | 4.32 | 3.62 | 3.44 | 3.26 |
| Capex per share | 0.03 | 0.14 | 0.12 | 0.1 | 0.09 | 0.19 | 0.28 | 0.2 | 0.25 | — | — |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Capex / revenue | 1.05% | 1% | 1.7% | 3.63% | 3.49% | 7.09% | 8.93% | 5.62% | 6.28% | — | — |
| Capex / operating cash flow | -2.42% | -2.24% | -6% | -7.01% | -8.01% | -14.5% | -21.4% | -37.4% | -87% | — | — |
| Payout ratio | — | — | — | — | — | — | — | — | — | — | 0% |
| — |
| FY21 | — | -$1.71 | — | — | $90.2M | — |
| FY20 | — | -$1.5 | — | — | $73.4M | — |
| FY19 | — | -$1.55 | — | — | $67.3M | — |
| FY18 | — | -$2.2 | — | — | $55.4M | — |
| FY17 | — | -$6.65 | — | — | $48M | — |
| FY16 | — | -$1.33 | — | — | $42.1M | — |
| 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 | $34M | $38.9M | $37.9M | $40M | $40.3M | $49M | $47.3M | $48.6M | $48.7M | $56.3M | $52.6M | $56M |
| YoY change | +28.7% | +21.6% | +15.8% | +20% | +18.6% | +26.1% | +24.9% | +21.7% | +20.6% | +15% | +11.2% | +15.2% |
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 | 27.9M | 22.4M | 122.2M | 91.8M | 196.4M | 147M | 97.3M | 166M | 150M | 147.8M |
| Receivables | 6M | 7.4M | 8.5M | 11.7M | 13.6M | 14.2M | 20.7M | 22M | 27.5M | 29.9M |
| Inventory | 1.5M | 2.6M | 3.3M | 5.5M | 5.6M | 11.5M | 17.3M | 20.2M | 27.1M | 33.9M |
| Total current assets | 36.3M | 33.6M | 136M | 111.5M | 218.2M | 175.9M | 137.6M | 211.4M | 207.8M | 216.1M |
| Property, plant & equipment | 2.6M | 1.9M | 2.2M | 4M | 4.5M | 14.2M | 19.6M | 18.7M | 22.4M | 22.4M |
| Goodwill & intangibles | 47K | 40K | — | — | — | — | — | — | — | — |
| Total assets | 39.4M | 35.8M | 138.5M | 117M | 223.1M | 190.5M | 157.6M | 230.4M | 230.4M | 238.6M |
| Accounts payable | 1M | 1.8M | 2.1M | 2.8M | 3.3M | 3.2M | 6.3M | 4.6M | 6.5M | 4.6M |
| Short-term debt | 8.2M | — | — | 4.4M | — | 1.3M | 1.4M | 1.4M | 1.2M | 944K |
| Total current liabilities | 13.4M | 7.5M | 9M | 18.8M | 13.5M | 16.9M | 21.2M | 23.5M | 27.1M | 25.3M |
| Long-term debt | 21.1M | 38.7M | 39M | 34.9M | 39.5M | 39.1M | 38M | 37.6M | 36.3M | 35.7M |
| Total liabilities | 148.2M | 165.2M | 48.3M | 54M | 53.8M | 56.1M | 59.3M | 61M | 63.5M | 61M |
| Shareholders' equity | -108.7M | -129.4M | 90.2M | 63M | 169.4M | 134.4M | 98.3M | 169.4M | 167M | 177.5M |
| Total debt | 29.3M | 38.7M | 39M | 39.2M | 39.5M | 40.5M | 39.4M | 39M | 37.5M | 36.7M |
| Net debt | 1.4M | 16.3M | 13.8M | 28.8M | -14.1M | -22.9M | 18.7M | 5.7M | 2.5M | -5.6M |
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 | 166.8M | 166M | 157.8M | 151.5M | 150.8M | 150M | 144.4M | 145.5M | 145.7M | 147.8M | 144.7M | 145.9M |
| Receivables | 20M | 22M | 22.1M | 24.8M | 24.9M | 27.5M | 26.7M | 24.4M | 26.5M | 29.9M | 31M | 31.2M |
| Inventory | 22.3M | 20.2M | 21M | 23.2M | 25.5M | 27.1M | 30.4M | 34.2M | 35.7M | 33.9M | 35.5M | 38.4M |
| Total current assets | 211M | 211.4M | 203.6M | 202.3M | 203.7M | 207.8M | 204.2M | 207.4M | 210.8M | 216.1M | 214.7M | 219.9M |
| Property, plant & equipment | 19.5M | 18.7M | 19.8M | 19.1M | 20.7M | 22.4M | 21.1M | 21.7M | 21.9M | 22.4M | 27.8M | 28.6M |
| Goodwill & intangibles | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | 230.9M | 230.4M | 223.7M | 223.8M | 227M | 230.4M | 227.3M | 230.9M | 234.3M | 238.6M | 242.7M | 248.8M |
| Accounts payable | 4.4M | 4.6M | 7.7M | 7.2M | 7.3M | 6.5M | 7.7M | 7.5M | 7.7M | 4.6M | 6.8M | 8.5M |
| Short-term debt | 1.4M | 1.4M | 1.4M | 1.4M | 1.2M | 1.2M | 1.1M | 1.1M | 1.1M | 944K | 658K | 426K |
| Total current liabilities | 19.4M | 23.5M | 20.9M | 22.1M | 24.7M | 27.1M | 24M | 24.8M | 26.4M | 25.3M | 21.5M | 24M |
| Long-term debt | 37.9M | 37.6M | 37.3M | 37M | 37.3M | 36.3M | 36.1M | 35.8M | 35.7M | 35.7M | 42.3M | 42.4M |
| Total liabilities | 57.3M | 61M | 58.2M | 59.1M | 62M | 63.5M | 60M | 60.6M | 62.1M | 61M | 63.8M | 66.4M |
| Shareholders' equity | 173.6M | 169.4M | 165.5M | 164.7M | 165M | 167M | 167.3M | 170.3M | 172.1M | 177.5M | 178.9M | 182.3M |
| Total debt | 39.3M | 39M | 38.7M | 38.4M | 38.5M | 37.5M | 37.2M | 36.9M | 36.8M | 36.7M | 42.9M | 42.8M |
| Net debt | -14.2M | 5.7M | 6.7M | 12.8M | 8.3M | 2.5M | -4M | 2.8M | 10.3M | -5.6M | 9.4M | 9.7M |
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 | -20.6M | -23M | -17.5M | -38.4M | -43.7M | -56.6M | -61.3M | -43.3M | -30.9M | -18.9M |
| Depreciation & amortization | 1M | 1M | 722K | 774K | 1.1M | 2.1M | 3.5M | 5.4M | 4.4M | 5.8M |
| Stock-based compensation | 1.4M | 1.4M | 2.3M | 7.5M | 11.9M | 16.9M | 23.1M | 24.1M | 25.9M | 25.5M |
| Change in working capital | -381K | -1.5M | -1.5M | -5M | -1.6M | -6.9M | -10M | -8M | -12M | -13.5M |
| Operating cash flow | -18.2M | -21.3M | -15.7M | -34.9M | -32M | -44.2M | -44.4M | -20.8M | -12.1M | -675K |
| Capital expenditure | -441K | -478K | -942K | -2.4M | -2.6M | -6.4M | -9.5M | -7.8M | -10.5M | — |
| Investing cash flow | -441K | -478K | -97.8M | 13.5M | -62.9M | 51.6M | -2.8M | -59.8M | 12.6M | 12.6M |
| Dividends paid | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | -3K | 0 | -73K | — | — | — | — | — | — | — |
| Financing cash flow | 45.1M | 12.5M | 113.5M | -167K | 133M | -6.6M | 0 | 84.4M | -766K | 0 |
| Net change in cash | 26.4M | -9.3M | 15K | -21.5M | 38.1M | 758K | -47.2M | 3.7M | -211K | 11.9M |
| Free cash flow | -17.2M | -18M | -15.5M | -34.1M | -33.2M | -45.9M | -51.2M | -26.5M | -22.9M | -9.1M |
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 | -10M | -11M | -10.9M | -8.9M | -6.6M | -4.5M | -6.5M | -6.2M | -4.6M | -1.6M | -4.3M | -4.1M |
| Depreciation & amortization | 1.5M | 1.6M | 1.1M | 992K | 1.1M | 1.2M | 1.3M | 1.4M | 1.5M | 1.6M | 1.6M | 1.7M |
| Stock-based compensation | 5.9M | 5.9M | 7M | 6.4M | 6.3M | 6.1M | 6.7M | 6.7M | 6.2M | 6M | 6M | 6M |
| Change in working capital | -2.4M | -2.4M | 1.4M | -5.9M | -3M | -4.6M | -2.3M | -2.8M | -3.6M | -4.7M | -1.1M | -3M |
| Operating cash flow | -4.6M | -5.4M | -1.3M | -7.5M | -1.8M | -1.5M | -744K | 173K | 2.3M | 1.7M | -2.4M | 777K |
| Capital expenditure | -1.4M | -1.1M | -2.1M | -3.1M | -3M | -2.3M | -2.1M | — | — | — | — | — |
| Investing cash flow | -54.9M | -18.9M | 6.3M | -1.8M | 3.8M | 4.3M | 10.6M | -7.4M | -7.1M | 14.3M | -5.2M | -1.2M |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | -466K | 0 | 0 | 0 | 0 | 0 | — | — | — | — | — | — |
| Net change in cash | -59.9M | -24.3M | 5.1M | -9.3M | 2M | 2.8M | 9.9M | -7.2M | -4.7M | 16M | -7.5M | -416K |
| Free cash flow | -3.5M | -3.4M | -9.7M | -9.4M | -2.7M | -1.1M | -7M | -1.9M | -620K | 440K | -3.4M | -768K |