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 | -$0.3 | -$0.2 | +33.3% | — | $45.4M | — |
| Q1 26 | -$0.31 | -$0.12 | +61.3% | — | $47.2M | — |
| Q4 25 | -$0.14 | -$0.08 | +42.9% | — | $62.5M | — |
| Q3 25 | -$0.27 | -$0.22 | +18.5% | — | $50.2M | — |
| Q2 25 | -$0.29 | -$0.26 | +10.3% | — | $47.4M | — |
| Q1 25 | -$0.3 | -$0.25 | +16.7% | — | $52.6M | — |
| Q4 24 | -$0.04 | -$0.01 | +75.0% | — | $68.7M | — |
| Q3 24 | -$0.26 | -$0.25 | +3.8% | — | $45.1M | — |
| Q2 24 | -$0.28 | -$0.28 | 0.0% | — | $44.5M | — |
| Q1 24 | -$0.31 | -$0.28 | +9.7% | — | $51.1M | — |
| Q4 23 | -$0.09 | -$0.1 | -11.1% | — | $62.2M | — |
| Q3 23 | -$0.26 | -$0.28 | -7.7% | — | $40.8M | — |
| Q2 23 | -$0.24 | -$0.2 | +16.7% | — | $42M | — |
| Q1 23 | -$0.23 | -$0.23 | 0.0% | — | $42.2M | — |
| Q4 22 | -$0.14 | -$0.08 | +42.9% | — | $49.8M | — |
| Q3 22 | -$0.29 | -$0.22 | +24.1% | — | $33.1M | — |
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 | — | -$0.93 | — | — | $212.7M | — |
| FY24 | — | -$0.9 | — | — | $209.4M | — |
| FY23 | — | -$0.81 | — | — | $187.1M | — |
| FY22 | — | -$0.77 | — | — | $141.8M | — |
| FY21 | — |
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 | $39.4M | $57.4M | $94.4M | $141.8M | $187.1M | $209.4M | $212.7M |
| YoY change | — | +45.5% | +64.6% | +50.2% | +31.9% | +11.9% | +1.59% |
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 | 39.4M | 57.4M | 94.4M | 141.8M | 187.1M | 209.4M | 212.7M |
| Cost of revenue | 7.6M | 12.5M | 16.9M | 25.5M | 35.2M | 41.1M | 42.9M |
| Gross profit | 31.8M | 44.9M | 77.5M | 116.3M | 151.9M | 168.3M | 169.8M |
| Gross margin | 80.6% | 78.3% | 82.1% | 82% | 81.2% | 80.4% | 79.8% |
| Research & development | 5.1M | 5.8M | 10.2M | 13.6M | 15.4M | 20.6M | 20.3M |
| Selling, general & administrative | 30.3M | 38.2M | 83.8M | 137.6M | 187.9M | 203.4M | 203.6M |
| Operating expenses | 35.3M | 44M | 94M | 151.2M | 203.4M | 224M | 223.9M |
| Operating income | -3.5M | 855K | -16.5M | -34.8M | -51.4M | -55.7M | -54.2M |
| Operating margin | -8.97% | 1.49% | -17.5% | -24.6% | -27.5% | -26.6% | -25.5% |
| Non-operating income, net | — | — | 1K | -4.9M | 342K | 324K | -2.3M |
| Pretax income | -4.3M | -3.7M | -20.6M | -42.8M | -49.5M | -55.7M | -59M |
| Income tax | — | — | — | — | — | — | — |
| Net income | -4.3M | -3.7M | -20.6M | -42.8M | -49.5M | -55.7M | -59M |
| Net margin | -10.8% | -6.39% | -21.8% | -30.2% | -26.5% | -26.6% | -27.7% |
| EBITDA | -2.6M | 2.1M | -15.8M | -31.8M | -39M | -42.1M | -40.3M |
| EPS | -0.11 | -0.1 | -0.43 | -0.77 | -0.81 | -0.9 | -0.93 |
| Diluted EPS | -0.11 | -0.1 | -0.43 | -0.77 | -0.81 | -0.9 | -0.93 |
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 | 40.8M | 62.2M | 51.1M | 44.5M | 45.1M | 68.7M | 52.6M | 47.4M | 50.2M | 62.5M | 47.2M | 45.4M |
| Cost of revenue | 8M | 11.5M | 10.1M | 8.8M | 9M | 13.2M | 10.7M | 9.6M | 10.5M | 12.1M | 9.8M | 9.8M |
| Gross profit | 32.8M | 50.7M | 41M | 35.7M | 36.1M | 55.5M | 41.9M | 37.8M | 39.7M | 50.4M | 37.4M | 35.6M |
| Gross margin | 80.4% | 81.6% | 80.2% | 80.2% | 80.1% | 80.7% | 79.7% | 79.7% | 79.1% | 80.6% | 79.3% | 78.5% |
| Research & development | 4.3M | 4.2M | 5.3M | 5.2M | 5M | 5.2M | 5.6M | 5.5M | 4.7M | 4.5M | 4.6M | 4.4M |
| Selling, general & administrative | 46.2M | 53.4M | 54.7M | 51.9M | 46.3M | 50.5M | 51.9M | 49.2M | 50.7M | 51.8M | 50M | 46.2M |
| Operating expenses | 50.6M | 57.5M | 59.9M | 57.1M | 51.3M | 55.7M | 57.5M | 54.7M | 55.4M | 56.3M | 54.6M | 50.6M |
| Operating income | -17.8M | -6.8M | -19M | -21.4M | -15.1M | -204K | -15.6M | -17M | -15.7M | -5.9M | -17.2M | -15M |
| Operating margin | -43.7% | -10.9% | -37.1% | -48.1% | -33.6% | -0.3% | -29.6% | -35.8% | -31.2% | -9.47% | -36.4% | -33% |
| Non-operating income, net | 23K | 96K | 74K | 112K | 20K | 118K | 130K | 122K | 92K | -2.6M | 275K | 202K |
| Pretax income | -17.5M | -6.3M | -18.7M | -21.2M | -15.4M | -501K | -15.9M | -17.4M | -16.3M | -9.4M | -18M | -15.9M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — |
| Net income | -17.5M | -6.3M | -18.7M | -21.2M | -15.4M | -501K | -15.9M | -17.4M | -16.3M | -9.4M | -18M | -15.9M |
| Net margin | -43% | -10.1% | -36.5% | -47.7% | -34.1% | -0.73% | -30.3% | -36.7% | -32.4% | -15% | -38.1% | -35% |
| EBITDA | -14.7M | -3.2M | -15.4M | -17.8M | -11.9M | 3M | -12.2M | -13.5M | -12.2M | -5.2M | -15.5M | -12.4M |
| EPS | -0.28 | -0.1 | -0.3 | -0.34 | -0.25 | -0.01 | -0.25 | -0.28 | -0.26 | -0.15 | -0.28 | -0.24 |
| Diluted EPS | -0.28 | -0.1 | -0.3 | -0.34 | -0.25 | -0.01 | -0.25 | -0.28 | -0.26 | -0.15 | -0.28 | -0.24 |
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 | — | — | — | — | — | 462.1M | 155M | 291.4M |
| Enterprise value | — | — | — | — | — | 456.1M | 178.5M | 318.8M |
| Shares outstanding | 43.9M | 43.9M | 48.4M | 55.3M | 60.9M | 62.1M | 63.3M | 63.3M |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | — | -4.81 |
| P/S | — | — | — | — | — | 2.21 | 0.73 | 1.42 |
| P/B | — | — | — | — | — | 4.09 | 1.77 | 4.3 |
| EV/EBITDA | — | — | — | — | — | -10.8 | -4.43 | -6.88 |
| EV/Sales | — | — | — | — | — | 2.18 | 0.84 | 1.55 |
| Earnings yield | — | — | — | — | — | — | — | -20.8% |
| FCF yield | — | — | — | — | — | -10.6% | -19% | -2.15% |
| PEG | — | — | — | — | — | — | — | 0.34 |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Gross margin | 80.6% | 78.3% | 82.1% | 82% | 81.2% | 80.4% | 79.8% | 78.5% |
| Operating margin | -8.97% | 1.49% | -17.5% | -24.6% | -27.5% | -26.6% | -25.5% | -33% |
| Net margin | -10.8% | -6.39% | -21.8% | -30.2% | -26.5% | -26.6% | -27.7% | -29% |
| ROE | -134.9% | -472.7% | -22.1% | -70.7% | -35.9% | -49.4% | -67.6% | -72% |
| ROA | -14.4% | -8.77% | -14.6% | -26.9% | -19.7% | -25.7% | -31% | -17.3% |
| Return on tangible assets | -14.4% | -8.77% | -14.6% | -26.9% | -23.8% | -31.8% | -39.2% | -41.9% |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Current ratio | 3.9 | 3.53 | 7.58 | 4.41 | 4.4 | 4.62 | 4.31 | 2.9 |
| Quick ratio | 3.14 | 2.86 | 7 | 3.77 | 3.76 | 3.5 | 3.13 | 1.95 |
| Debt / equity | 6.08 | 39.9 | 0.32 | 1.13 | 0.51 | 0.62 | 0.82 | 1.08 |
| Debt / assets | 0.65 | 0.74 | 0.21 | 0.43 | 0.28 | 0.32 | 0.38 | 0.4 |
| Net debt / EBITDA | -2.69 | 6.25 | 4.84 | 0.4 | 1.36 | 0.14 | -0.58 | -0.6 |
| Interest coverage | -4.07 | 0.19 | -4.06 | -8.74 | -8.59 | -9.61 | -10.1 | -9.23 |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Revenue per share | 0.9 | 1.31 | 1.95 | 2.57 | 3.07 | 3.37 | 3.36 | 3.19 |
| EPS (basic) | -0.11 | -0.1 | -0.43 | -0.77 | -0.81 | -0.9 | -0.93 | -0.93 |
| EPS (diluted) | -0.11 | -0.1 | -0.43 | -0.77 | -0.81 | -0.9 | -0.93 | -0.92 |
| Book value per share | 0.07 | 0.02 | 1.92 | 1.1 | 2.27 | 1.82 | 1.38 | 1.04 |
| FCF per share | -0.2 | -0.13 | -0.41 | -0.82 | -0.76 | -0.79 | -0.47 | -0.39 |
| Cash per share | 0.28 | 0.41 | 2.19 | 1.47 | 2.02 | 1.22 | 0.76 | 0.7 |
| Capex per share | 0.03 | 0.02 | 0.06 | 0.27 | 0.19 | 0.19 | — | — |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Capex / revenue | 3.07% | 1.86% | 2.86% | 10.5% | 6.12% | 5.54% | — | — |
| Capex / operating cash flow | -10.5% | -16.4% | -12.6% | -35.3% | -28.7% | -34.9% | — | — |
| Payout ratio | — | — | — | — | — | — | 0% | 0% |
| Dividend yield | — | — | — | — | — | — | 0% | 0% |
| -$0.43 |
| — |
| — |
| $94.4M |
| — |
| FY20 | — | -$0.1 | — | — | $57.4M | — |
| FY19 | — | -$0.11 | — | — | $39.4M | — |
| Q1 24 |
|---|
| Q2 24 |
|---|
| Q3 24 |
|---|
| Q4 24 |
|---|
| Q1 25 |
|---|
| Q2 25 |
|---|
| Q3 25 |
|---|
| Q4 25 |
|---|
| Q1 26 |
|---|
| Q2 26 |
|---|
| Revenue | $40.8M | $62.2M | $51.1M | $44.5M | $45.1M | $68.7M | $52.6M | $47.4M | $50.2M | $62.5M | $47.2M | $45.4M |
| YoY change | +23.3% | +25% | +21.1% | +5.96% | +10.6% | +10.4% | +2.86% | +6.6% | +11.4% | -9.01% | -10.2% | -4.24% |
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 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 12.1M | 18.1M | 105.8M | 81.3M | 123.2M | 75.7M | 48.4M |
| Receivables | 10.4M | 14.5M | 18.6M | 29.2M | 38.1M | 40.8M | 42.2M |
| Inventory | 5.6M | 7.8M | 10.6M | 19.3M | 29.2M | 39.3M | 36M |
| Total current assets | 28.6M | 41M | 138M | 133.4M | 198.4M | 161.4M | 132.1M |
| Property, plant & equipment | 1.1M | 829K | 2.8M | 25.5M | 31.6M | 34.4M | 37.4M |
| Goodwill & intangibles | — | — | — | 0 | 43.7M | 41.8M | 39.9M |
| Total assets | 29.7M | 41.8M | 140.8M | 159M | 251.9M | 217.1M | 190.6M |
| Accounts payable | 931K | 2.3M | 4.1M | 8.7M | 11.8M | 10.5M | 6.7M |
| Short-term debt | — | 1.8M | — | 339K | 1.4M | 413K | 2.3M |
| Total current liabilities | 7.3M | 11.6M | 18.2M | 30.2M | 45M | 34.9M | 30.6M |
| Long-term debt | 19.2M | 29.2M | 29.4M | 68.3M | 68.9M | 69.2M | 69.6M |
| Total liabilities | 26.6M | 41M | 47.7M | 98.5M | 114M | 104.2M | 103.2M |
| Shareholders' equity | 3.2M | 776K | 93.1M | 60.5M | 137.9M | 112.9M | 87.3M |
| Total debt | 19.2M | 31M | 29.4M | 68.6M | 70.3M | 69.7M | 71.9M |
| Net debt | 7.1M | 12.9M | -76.5M | 49.1M | 57.3M | 58.3M | 61.2M |
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 | 122.2M | 123.2M | 110M | 95M | 82.8M | 75.7M | 76.1M | 69.3M | 57.4M | 48.4M | 51.9M | 45.6M |
| Receivables | 25M | 38.1M | 30.1M | 25.6M | 24.2M | 40.8M | 31.1M | 30.3M | 33M | 42.2M | 30.4M | 28.7M |
| Inventory | 29.3M | 29.2M | 35.9M | 41.3M | 43.6M | 39.3M | 37.9M | 42.4M | 41.4M | 36M | 36.4M | 39.5M |
| Total current assets | 187.1M | 198.4M | 187.4M | 171.6M | 157.6M | 161.4M | 149.4M | 147.6M | 138M | 132.1M | 123.5M | 120.5M |
| Property, plant & equipment | 31M | 31.6M | 33.6M | 33M | 25.2M | 34.4M | 35.4M | 37.8M | 37.8M | 37.4M | 39.4M | 39.6M |
| Goodwill & intangibles | 44.2M | 43.7M | 43.2M | 42.7M | 42.3M | 41.8M | 41.3M | 40.8M | 40.4M | 39.9M | 39.4M | 38.9M |
| Total assets | 240.4M | 251.9M | 242.7M | 226.1M | 212.9M | 217.1M | 205.8M | 206.4M | 196.6M | 190.6M | 184.1M | 181.1M |
| Accounts payable | 8.7M | 11.8M | 21.1M | 18.1M | 18.6M | 10.5M | 13.2M | 20M | 16.1M | 6.7M | 13.5M | 16.1M |
| Short-term debt | 1.2M | 1.4M | 864K | 393K | 403K | 413K | 2.1M | 3.2M | 3.9M | 2.3M | 2.2M | 3.6M |
| Total current liabilities | 33.2M | 45M | 47M | 44.4M | 38.3M | 34.9M | 33.2M | 41.9M | 40.9M | 30.6M | 34.5M | 41.5M |
| Long-term debt | 69.3M | 68.9M | 69.2M | 69.5M | 69.7M | 69.2M | 67.3M | 66.9M | 66.5M | 69.6M | 69.4M | 69.1M |
| Total liabilities | 102.5M | 114M | 116.3M | 113.9M | 108M | 104.2M | 100.5M | 108.8M | 107.4M | 103.2M | 106.9M | 113.3M |
| Shareholders' equity | 137.9M | 137.9M | 126.4M | 112.1M | 104.9M | 112.9M | 105.3M | 97.6M | 89.2M | 87.3M | 77.2M | 67.7M |
| Total debt | 70.5M | 70.3M | 70.1M | 69.9M | 70.1M | 69.7M | 69.4M | 70.1M | 70.4M | 71.9M | 71.6M | 72.7M |
| Net debt | 63.2M | 57.3M | 60.8M | 51.7M | 58M | 58.3M | 56M | 62M | 62.7M | 61.2M | 62.1M | 60.1M |
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 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|
| Net income | -4.3M | -3.7M | -20.6M | -42.8M | -49.5M | -55.7M | -59M |
| Depreciation & amortization | 793K | 1.2M | 685K | 2.1M | 5.4M | 8.4M | 10.6M |
| Stock-based compensation | 815K | 919K | 3.4M | 8.1M | 17.4M | 30.6M | 33.8M |
| Change in working capital | -9.1M | -5.2M | -5.2M | -12.3M | -16.1M | -19.7M | -6.3M |
| Operating cash flow | -11.6M | -6.5M | -21.5M | -42M | -39.9M | -33.3M | -16M |
| Capital expenditure | -1.2M | -1.1M | -2.7M | -14.8M | -11.5M | -11.6M | — |
| Investing cash flow | -1.2M | -1.1M | -2.7M | -76.5M | -81.3M | 35.4M | 26.8M |
| Dividends paid | — | — | — | — | — | — | 0 |
| Share repurchases | — | — | — | — | — | — | — |
| Financing cash flow | 19.7M | 11.1M | 105.8M | 18.6M | 107.5M | -268K | 57.8M |
| Net change in cash | 6.9M | 3.5M | 81.7M | -99.9M | -13.7M | 1.9M | 68.6M |
| Free cash flow | -8.9M | -5.6M | -19.9M | -45.5M | -46M | -48.8M | -29.5M |
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 | 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 | -17.5M | -6.3M | -18.7M | -21.2M | -15.4M | -501K | -15.9M | -17.4M | -16.3M | -9.4M | -18M | -15.9M |
| Depreciation & amortization | 1.6M | 1.8M | 1.9M | 2.1M | 2.2M | 2.2M | 2.5M | 2.6M | 2.8M | 2.8M | 899K | 1.9M |
| Stock-based compensation | 5.2M | 5.9M | 7.4M | 6.7M | 7.9M | 8.6M | 8.7M | 9.6M | 8M | 7.6M | 8M | 6.5M |
| Change in working capital | -1M | -10.8M | 10M | -6.6M | 284K | -23.3M | 12.5M | 1.9M | -6.2M | -14.6M | 17.2M | 30K |
| Operating cash flow | -10.9M | -8.7M | 1.4M | -18.3M | -5.5M | -10.8M | 8.6M | -3M | -9.1M | -8M | 7.2M | -4.7M |
| Capital expenditure | -3.5M | -2.2M | -3.9M | -1.7M | -2.9M | -3.1M | -3.5M | — | — | — | — | — |
| Investing cash flow | 4.6M | 5M | 3.8M | 22.4M | 5.8M | 3.4M | -1.9M | 1.5M | 11.5M | 12.1M | -4.8M | 9.3M |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | 0 | 0 | -237K | 0 | 0 | -31K | -401K | 871K | -251K | -1.7M | -679K | 688K |
| Net change in cash | -6.3M | -3.7M | 4.9M | 4.2M | 264K | -7.5M | 6.3M | -669K | 2.2M | 2.4M | 1.8M | 5.3M |
| Free cash flow | -13M | -1.7M | -11.1M | -15.6M | -14.7M | -7.3M | 655K | -7.8M | -11.9M | -10.4M | 4.2M | -6.9M |