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 | $0.03 | $0.01 | -66.7% | — | $61.7M | — |
| Q4 25 | $0.03 | $0.03 | 0.0% | — | $63M | — |
| Q3 25 | $0.02 | $0.03 | +50.0% | — | $59.4M | — |
| Q4 24 | $0.01 | $0.01 | 0.0% | — | $48.7M | — |
| Q3 24 | — | $0.01 | — | — | $47.4M | — |
| Q1 24 | -$0.01 | -$0.01 | 0.0% | — | $45.4M | — |
| Q4 23 | -$0.03 | -$0.01 | +66.7% | — | $42.4M | — |
| Q3 23 | -$0.03 | -$0.03 | 0.0% | — | $38.6M | — |
| Q2 23 | -$0.04 | -$0.03 | +25.0% | — | $35.6M | — |
| Q1 23 | -$0.07 | -$0.05 | +28.6% | — | $33.3M | — |
| Q4 22 | -$0.11 | -$0.11 | 0.0% | — | $30.2M | — |
| Q3 22 | -$0.1 | -$0.11 | -10.0% | — | $29.3M | — |
| Q2 22 | -$0.13 | -$0.15 | -15.4% | — | $29.8M | — |
| Q1 22 | -$0.14 | -$0.13 | +7.1% | — | $30.1M | — |
| Q4 21 | -$0.14 | -$0.14 | 0.0% | — | $29.2M | — |
| Q3 21 | -$0.09 | $0.01 | +111.1% | — | $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 | — | $0.05 | — | — | $228.9M | — |
| FY24 | — | $0.01 | — | — | $187.6M | — |
| FY23 | — | -$0.12 | — | — | $150M | — |
| FY22 | — | -$0.51 | — | — | $119.6M | — |
| FY21 | — | -$0.72 |
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 | $38.2M | $76.2M | $113.7M | $119.6M | $150M | $187.6M | $228.9M |
| YoY change | — | +99.6% | +49.2% | +5.19% | +25.5% | +25% | +22% |
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 | 38.2M | 76.2M | 113.7M | 119.6M | 150M | 187.6M | 228.9M |
| Cost of revenue | 18M | 26.4M | 46.9M | 59.2M | 75.7M | 101.8M | 130.5M |
| Gross profit | 20.1M | 49.8M | 66.8M | 60.3M | 74.4M | 85.8M | 98.3M |
| Gross margin | 52.7% | 65.4% | 58.7% | 50.5% | 49.6% | 45.8% | 43% |
| Research & development | 12M | 9.6M | 15.9M | 21.7M | 17.6M | 10.5M | 9.5M |
| Selling, general & administrative | 32.9M | 57.9M | 135.4M | 109.1M | 73.9M | 73.3M | 75.6M |
| Operating expenses | 49.6M | 71.8M | 160.7M | 137.4M | 97.6M | 90.3M | 92.3M |
| Operating income | -29.4M | -22M | -93.9M | -77M | -23.2M | -4.5M | 3.2M |
| Operating margin | -77.1% | -28.9% | -82.6% | -64.4% | -15.5% | -2.4% | 1.38% |
| Non-operating income, net | — | — | — | -6.1M | — | — | — |
| Pretax income | -29.1M | -22.3M | -62.7M | -79.4M | -19M | 1.2M | 8.4M |
| Income tax | 8K | 24K | 47K | 254K | 218K | 94K | 574K |
| Net income | -29.1M | -22.4M | -62.7M | -79.7M | -19.2M | 1.1M | 7.8M |
| Net margin | -76.2% | -29.4% | -55.2% | -66.6% | -12.8% | 0.61% | 3.4% |
| EBITDA | -29.4M | -21.6M | -92M | -69.5M | -22M | -3.6M | 6M |
| EPS | -2.18 | -1.67 | -0.72 | -0.51 | -0.12 | 0.01 | 0.05 |
| Diluted EPS | -2.18 | -1.67 | -0.72 | -0.51 | -0.12 | 0.01 | 0.04 |
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 | 38.6M | 42.4M | 45.4M | 46.1M | 47.4M | 48.7M | 52.2M | 54.3M | 59.4M | 63M | 61.7M | 61.7M |
| Cost of revenue | 19.8M | 21.4M | 23.7M | 25.1M | 25.8M | 27.2M | 28.9M | 30.9M | 34.7M | 36.1M | 36.1M | 36.9M |
| Gross profit | 18.8M | 21M | 21.7M | 21M | 21.6M | 21.5M | 23.3M | 23.4M | 24.6M | 26.9M | 25.6M | 24.8M |
| Gross margin | 48.8% | 49.4% | 47.8% | 45.5% | 45.6% | 44.2% | 44.6% | 43.1% | 41.5% | 42.7% | 41.5% | 40.2% |
| Research & development | 4.2M | 3.9M | 3.7M | 2.2M | 2.4M | 2.3M | 3.3M | 2.6M | 1.8M | 2.4M | 2.7M | 2.3M |
| Selling, general & administrative | 18.4M | 18.2M | 18.2M | 20.6M | 17.5M | 17M | 19.2M | 20M | 18.3M | 18.1M | 26.7M | 21.1M |
| Operating expenses | 24M | 23.6M | 23.4M | 24.4M | 21.5M | 21M | 24.4M | 24.5M | 21.8M | 22.3M | 31.2M | 25.3M |
| Operating income | -5.2M | -2.6M | -1.7M | -3.5M | 99K | 569K | -1.1M | -1.8M | 2.2M | 3.8M | -7.1M | -2.1M |
| Operating margin | -13.4% | -6.09% | -3.7% | -7.57% | 0.21% | 1.17% | -2.08% | -3.3% | 3.7% | 6.08% | -11.6% | -3.43% |
| Non-operating income, net | — | — | — | — | — | — | — | — | — | — | — | — |
| Pretax income | -4.4M | -1.3M | -1.3M | -442K | 1.8M | 1.2M | 441K | -465K | 3.3M | 5.1M | -6.2M | -1.5M |
| Income tax | 14K | 53K | 165K | 32K | -74K | -29K | 123K | 76K | 25K | 350K | 124K | 11K |
| Net income | -4.4M | -1.3M | -1.5M | -474K | 1.9M | 1.2M | 318K | -541K | 3.3M | 4.8M | -6.3M | -1.5M |
| Net margin | -11.4% | -3.08% | -3.23% | -1.03% | 3.95% | 2.49% | 0.61% | -1% | 5.47% | 7.56% | -10.2% | -2.46% |
| EBITDA | -4.9M | -2.3M | -1.5M | -3.3M | 330K | 776K | -419K | -1.1M | 2.9M | 4.7M | -5.6M | -532K |
| EPS | -0.03 | -0.01 | -0.01 | -0 | 0.01 | 0.01 | 0 | 0 | 0.02 | 0.03 | -0.04 | -0.01 |
| Diluted EPS | -0.03 | -0.01 | -0.01 | -0 | 0.01 | 0.01 | 0 | 0 | 0.02 | 0.03 | -0.04 | -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 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Market cap | — | 144.4M | — | — | 419.2M | 521.9M | 606.5M | 870.6M |
| Enterprise value | — | 131.2M | — | — | 295.3M | 404.1M | 513.9M | 779.6M |
| Shares outstanding | 13.4M | 13.4M | 86.8M | 156.9M | 165M | 168.9M | 167.1M | 167.1M |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | 454.6 | 77.8 | 129.8 |
| P/S | — | 1.9 | — | — | 2.79 | 2.78 | 2.65 | 3.54 |
| P/B | — | -1.46 | — | — | 3.53 | 4.45 | 5.18 | 7.77 |
| EV/EBITDA | — | -6.07 | — | — | -13.4 | -111.1 | 85.3 | 95.4 |
| EV/Sales | — | 1.72 | — | — | 1.97 | 2.15 | 2.25 | 3.17 |
| Earnings yield | — | — | — | — | — | 0.22% | 1.28% | 0.77% |
| FCF yield | — | -11.2% | — | — | -3.95% | 1.2% | -0.35% | 1.09% |
| PEG | — | — | — | — | — | — | — | 0 |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Gross margin | 52.7% | 65.4% | 58.7% | 50.5% | 49.6% | 45.8% | 43% | 40.2% |
| Operating margin | -77.1% | -28.9% | -82.6% | -64.4% | -15.5% | -2.4% | 1.38% | -2% |
| Net margin | -76.2% | -29.4% | -55.2% | -66.6% | -12.8% | 0.61% | 3.4% | 0.08% |
| ROE | — | 22.6% | -32.6% | -62.5% | -16.2% | 0.98% | 6.66% | 0.17% |
| ROA | — | -68% | -28.1% | -51% | -13.5% | 0.83% | 5.78% | 2.3% |
| ROIC | — | 19.6% | 1.6K% | 699.6% | 441.1% | 1K% | 12% | -4.19% |
| Return on tangible assets | — | -219% | -30.7% | -52.7% | -13.8% | 0.84% | 6.08% | 0.15% |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Current ratio | — | 1.01 | 7.85 | 5.58 | 6.46 | 6.84 | 6.38 | 4.52 |
| Quick ratio | — | 1.01 | 7.85 | 5.58 | 6.46 | 6.84 | 6.38 | 4.52 |
| Debt / equity | — | — | — | — | — | — | — | 0 |
| Net debt / EBITDA | — | — | — | — | — | — | — | -15.1 |
| Effective tax rate | 0% | 0% | 0% | 0% | 0% | 7.57% | 6.86% | 72.4% |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Revenue per share | 2.86 | 5.7 | 1.31 | 0.76 | 0.91 | 1.11 | 1.37 | 1.47 |
| EPS (basic) | -2.18 | -1.67 | -0.72 | -0.51 | -0.12 | 0.01 | 0.05 | 0.05 |
| EPS (diluted) | -2.18 | -1.67 | -0.72 | -0.51 | -0.12 | 0.01 | 0.04 | -0.01 |
| Book value per share | — | -7.4 | 2.22 | 0.81 | 0.72 | 0.7 | 0.7 | 0.68 |
| FCF per share | -1.6 | -1.22 | -0.76 | -0.39 | -0.1 | 0.04 | -0.01 | 0.03 |
| Cash per share | — | 0.99 | 2.28 | 0.88 | 0.75 | 0.7 | 0.55 | 0.55 |
| Capex per share | 0.01 | 0.01 | 0.01 | 0 | 0 | — | 0.06 | 0.07 |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Capex / revenue | 0.36% | 0.17% | 0.58% | 0.27% | 0.09% | — | 4.65% | 5.08% |
| Capex / operating cash flow | -0.62% | -0.63% | -1.73% | -0.46% | -1.06% | — | 124.7% | 73% |
| Payout ratio | — | — | — | — | — | — | — | 0% |
| — |
| — |
| $113.7M |
| — |
| FY20 | — | -$1.67 | — | — | $76.2M | — |
| FY19 | — | -$2.18 | — | — | $38.2M | — |
| Q1 24 |
|---|
| Q2 24 |
|---|
| Q3 24 |
|---|
| Q4 24 |
|---|
| Q1 25 |
|---|
| Q2 25 |
|---|
| Q3 25 |
|---|
| Q4 25 |
|---|
| Q1 26 |
|---|
| Q2 26 |
|---|
| Revenue | $38.6M | $42.4M | $45.4M | $46.1M | $47.4M | $48.7M | $52.2M | $54.3M | $59.4M | $63M | $61.7M | $61.7M |
| YoY change | +31.8% | +40.3% | +36.2% | +29.2% | +22.6% | +14.9% | +14.9% | +17.9% | +25.3% | +29.3% | +18.2% | +13.6% |
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 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|
| Cash & short-term investments | 13.2M | 198.3M | 138.5M | 123.9M | 117.8M | 92.6M |
| Receivables | 5.9M | 5.5M | 9.6M | 10.2M | 9.6M | 16.1M |
| Inventory | — | — | — | — | — | — |
| Total current assets | 20.7M | 213.3M | 152.6M | 139.8M | 130.2M | 111.1M |
| Property, plant & equipment | 175K | 624K | 35K | 314K | 6.3M | 15.8M |
| Goodwill & intangibles | 22.7M | 19.1M | 5.1M | 3.6M | 2.7M | 6.6M |
| Total assets | 32.9M | 223.6M | 156.3M | 142.2M | 138.7M | 134.9M |
| Accounts payable | 7.9M | 7.4M | 6.5M | 6.1M | 7.7M | 8.5M |
| Short-term debt | — | — | — | — | — | — |
| Total current liabilities | 20.5M | 27.2M | 27.3M | 21.6M | 19M | 17.4M |
| Long-term debt | — | — | — | — | — | — |
| Total liabilities | 131.8M | 31.3M | 28.7M | 23.6M | 21.3M | 17.8M |
| Shareholders' equity | -98.9M | 192.3M | 127.5M | 118.6M | 117.4M | 117M |
| Total debt | — | — | — | — | — | — |
| Net debt | — | — | — | — | — | — |
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 | 125.3M | 123.9M | 120.3M | 114.9M | 119M | 117.8M | 108.4M | 102.8M | 91.6M | 92.6M | 84.2M | 91M |
| Receivables | 8M | 10.2M | 11M | 11.6M | 9.6M | 9.6M | 13.2M | 15.4M | 14.9M | 16.1M | 23.6M | 15.4M |
| Inventory | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 137.7M | 139.8M | 135.7M | 128.8M | 131.5M | 130.2M | 124.1M | 120.7M | 114.5M | 111.1M | 110.5M | 109M |
| Property, plant & equipment | — | 314K | — | — | — | 6.3M | 8M | 10.1M | 12.7M | 15.8M | 18M | 20.1M |
| Goodwill & intangibles | 2M | 3.6M | — | — | — | 2.7M | — | — | — | 6.6M | 6.9M | 6.9M |
| Total assets | 140.3M | 142.2M | 138.3M | 133.8M | 138.2M | 138.7M | 134.2M | 132.8M | 129.1M | 134.9M | 136.2M | 136.4M |
| Accounts payable | 6.5M | 6.1M | 5.8M | 7.7M | 8.3M | 7.7M | 10.5M | 8.6M | 9.6M | 8.5M | 11.7M | 10.9M |
| Short-term debt | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current liabilities | 20.9M | 21.6M | 15.7M | 17.8M | 19.1M | 19M | 19.1M | 18.5M | 19.4M | 17.4M | 22.8M | 24.1M |
| Long-term debt | — | — | — | — | — | — | — | — | — | — | — | — |
| Total liabilities | 22.6M | 23.6M | 18.7M | 19.7M | 20.6M | 21.3M | 20.8M | 19.8M | 20M | 17.8M | 23.1M | 24.3M |
| Shareholders' equity | 117.7M | 118.6M | 119.6M | 114M | 117.6M | 117.4M | 113.4M | 112.9M | 109.1M | 117M | 113.1M | 112.1M |
| Total debt | — | — | — | — | — | — | — | — | — | — | — | — |
| Net debt | — | — | — | — | — | — | — | — | — | — | — | — |
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 | -29.1M | -22.4M | -62.7M | -79.7M | -19.2M | 1.1M | 7.8M |
| Depreciation & amortization | 59K | 379K | 2M | 1.4M | 1.2M | 859K | 2.9M |
| Stock-based compensation | 3.4M | 3M | 27.4M | 12.1M | 8.4M | 9.2M | 8.4M |
| Change in working capital | 3.4M | -1.1M | -5.1M | -2.7M | -3.5M | 5.3M | -6.4M |
| Operating cash flow | -22.2M | -20.1M | -38.3M | -68.8M | -13.3M | 16.3M | 8.5M |
| Capital expenditure | -138K | -126K | -663K | -317K | -141K | — | -10.6M |
| Investing cash flow | -138K | -10.4M | -663K | -317K | -141K | -41.3M | -28.9M |
| Dividends paid | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | -11M | -17.2M |
| Financing cash flow | 51.2M | 0 | 249.3M | -1.5M | -810K | -14.2M | -19.9M |
| Net change in cash | 28.9M | -30.5M | 210.3M | -70.7M | -14.2M | -39.2M | -40.3M |
| Free cash flow | -21.3M | -16.2M | -66.4M | -61.4M | -16.5M | 6.3M | -2.1M |
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 | -4.4M | -1.3M | -1.5M | -474K | 1.9M | 1.2M | 318K | -541K | 3.3M | 4.8M | -6.3M | -1.5M |
| Depreciation & amortization | 305K | 283K | 201K | 220K | 231K | 207K | 666K | 702K | 686K | 821K | 1.5M | 1.6M |
| Stock-based compensation | 2M | 2M | 2.3M | 3.1M | 1.9M | 1.9M | 2.3M | 2.4M | 1.8M | 1.9M | 3M | 2.1M |
| Change in working capital | -14K | -4.4M | -52K | 3.3M | 2.5M | -429K | -13K | -5.2M | 541K | -1.8M | -3.9M | 6.9M |
| Operating cash flow | -2.2M | -3.4M | 933K | 6.1M | 6.6M | 2.9M | 3.2M | -351K | 4.7M | 5.4M | -4.4M | 11.4M |
| Capital expenditure | 0 | -131K | -385K | 345K | — | — | — | -2.5M | -2.9M | -3.3M | -3.2M | -3.1M |
| Investing cash flow | -38K | -131K | -385K | 345K | -29K | -102K | -7M | -2.4M | -6.3M | -6.3M | -793K | -2M |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | 0 | — | — | -8M | 0 | -3M | -6.5M | -1.9M | -8.8M | 0 | 0 | 0 |
| Financing cash flow | -198K | -411K | -595K | -9.3M | -469K | -3.9M | -7M | -3.1M | -9.3M | -553K | -753K | -1.7M |
| Net change in cash | -2.4M | -3.9M | -47K | -2.8M | 6.1M | -1.1M | -10.8M | -5.8M | -10.8M | -1.4M | -6M | 7.7M |
| Free cash flow | -1.1M | -1.7M | -3.8M | 3M | 4.5M | 2.4M | -3.2M | -2.8M | 1.9M | 2.1M | -7.6M | 8.3M |