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 | -$0.26 | -$0.28 | -7.7% | — | $72.5M | — |
| Q1 26 | -$0.48 | -$0.47 | +2.1% | — | $51M | — |
| Q4 25 | -$0.51 | -$0.53 | -3.9% | — | $37.8M | — |
| Q3 25 | -$0.68 | -$0.69 | -1.5% | — | $27.5M | — |
| Q2 25 | -$0.83 | -$1.05 | -26.5% | — | $24.2M | — |
| Q1 25 | -$0.79 | -$0.92 | -16.5% | — | $20.3M | — |
| Q4 24 | -$0.72 | -$0.8 | -11.1% | — | $24.6M | — |
| Q3 24 | -$0.82 | -$0.55 | +32.9% | — | $25.2M | — |
| Q2 24 | -$0.83 | -$0.91 | -9.6% | — | $21.8M | — |
| Q1 24 | -$0.87 | -$0.97 | -11.5% | — | $18.8M | — |
| Q4 23 | -$0.68 | -$0.72 | -5.9% | — | $23.5M | — |
| Q3 23 | -$0.87 | -$0.68 | +21.8% | — | $20.9M | — |
| Q2 23 | -$1.14 | -$1.03 | +9.6% | — | $21.1M | — |
| Q1 23 | -$1.24 | -$1.3 | -4.8% | — | $17.2M | — |
| Q4 22 | -$1.12 | -$1.22 | -8.9% | — | $18.1M | — |
| Q3 22 | -$1.14 | -$1.13 | +0.9% | — | $16.1M | — |
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 | — | -$3.19 | — | — | $109.8M | — |
| FY24 | — | -$2.96 | — | — | $90.4M | — |
| FY23 | — | -$3.55 | — | — | $82.7M | — |
| FY22 | — | -$4.79 | — | — | $64.4M |
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 | $17.5M | $8.2M | $1.1M | $18K | $11.8M | $48M | $64.4M | $82.7M | $90.4M | $109.8M |
| YoY change | +InfinityT% | -53.5% | -86.2% | -98.4% | +65.5K% | +307.2% | +34% | +28.5% | +9.29% | +21.4% |
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 | 17.5M | 8.2M | 1.1M | 18K | 11.8M | 48M | 64.4M | 82.7M | 90.4M | 109.8M |
| Cost of revenue | 28K | 600K | 1.8M | 0 | 1M | 5.2M | 7.7M | 9.4M | 8.9M | 12.4M |
| Gross profit | 17.5M | 7.6M | -675K | 18K | 10.8M | 42.9M | 56.7M | 73.4M | 81.5M | 97.3M |
| Gross margin | 99.8% | 92.6% | -59.8% | 100% | 91.4% | 89.3% | 88.1% | 88.7% | 90.2% | 88.7% |
| Research & development | 10.3M | 18.7M | 36.9M | 49.3M | 47.3M | 47.6M | 52.9M | 45.6M | 57.1M | 67.1M |
| Selling, general & administrative | 6.4M | 8.8M | 39.6M | 60.2M | 90.2M | 87.5M | 82.8M | 93.3M | 121.2M | 155.1M |
| Operating expenses | 16.7M | 27.5M | 76.5M | 109.5M | 137.5M | 135.2M | 135.7M | 138.9M | 178.3M | 222.2M |
| Operating income | 798K | -19.9M | -77.2M | -109.5M | -126.7M | -92.3M | -79M | -65.5M | -96.8M | -124.9M |
| Operating margin | 4.55% | -244.5% | -6.8K% | -608.2K% | -1.1K% | -192.1% | -122.8% | -79.2% | -107.1% | -113.7% |
| Non-operating income, net | -2.7M | -156K | -224K | -284K | — | -17.3M | -21.5M | -20.7M | -229K | -670K |
| Pretax income | -1.9M | -20M | -75.5M | -105.1M | -125.1M | -109.4M | -108M | -98.3M | -124M | -153.4M |
| Income tax | 0 | 19K | 125K | 0 | 3.4M | 1.4M | 1.8M | 3.9M | 2.8M | 78K |
| Net income | -1.9M | -20M | -75.7M | -105.1M | -128.5M | -110.8M | -109.8M | -102.2M | -126.9M | -153.5M |
| Net margin | -11.1% | -245.2% | -6.7K% | -584.1K% | -1.1K% | -230.7% | -170.6% | -123.6% | -140.4% | -139.8% |
| EBITDA | 3.8M | -19.6M | -76.7M | -108.2M | -124.7M | -90.3M | -76.2M | -60.4M | -110.3M | -135.7M |
| EPS | -0.37 | -2.14 | -4.8 | -5.12 | -5.9 | -4.96 | -4.79 | -3.55 | -2.96 | -3.19 |
| Diluted EPS | -0.37 | -2.14 | -4.8 | -5.12 | -5.9 | -4.96 | -4.79 | -3.55 | -2.96 | -3.19 |
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 | 20.9M | 23.5M | 18.8M | 21.8M | 25.2M | 24.6M | 20.3M | 24.2M | 27.5M | 37.8M | 51M | 72.5M |
| Cost of revenue | 2.4M | 2.3M | 1.7M | 2.2M | 2.5M | 2.5M | 2.3M | 3.5M | 3.3M | 3.3M | 4.1M | 6.6M |
| Gross profit | 18.5M | 21.2M | 17.1M | 19.6M | 22.8M | 22.1M | 17.9M | 20.7M | 24.2M | 34.5M | 46.8M | 65.9M |
| Gross margin | 88.6% | 90.3% | 90.8% | 89.8% | 90.3% | 89.9% | 88.5% | 85.3% | 88.1% | 91.3% | 91.9% | 90.9% |
| Research & development | 10.2M | 11.3M | 15.5M | 15.4M | 11.4M | 14.9M | 19.9M | 18.9M | 14M | 14.3M | 15.6M | 17.3M |
| Selling, general & administrative | 21.8M | 24.6M | 27.3M | 30.1M | 28.9M | 34.9M | 35M | 43.2M | 37.6M | 39.3M | 51.5M | 48.4M |
| Operating expenses | 32M | 35.9M | 42.8M | 45.5M | 40.3M | 49.8M | 54.8M | 62.1M | 51.6M | 53.7M | 67.1M | 65.8M |
| Operating income | -13.5M | -14.6M | -25.7M | -25.8M | -17.5M | -27.7M | -36.9M | -41.4M | -27.4M | -19.1M | -20.3M | 111K |
| Operating margin | -64.7% | -62.1% | -137.1% | -118.3% | -69.6% | -112.6% | -182.3% | -171.2% | -99.7% | -50.5% | -39.8% | 0.15% |
| Non-operating income, net | -5.4M | -4.7M | -5.8M | -5.8M | -6.1M | -62K | -90K | -378K | -197K | -5K | -323K | -347K |
| Pretax income | -21.9M | -22.2M | -32.2M | -33.4M | -23.6M | -34.9M | -43.5M | -48.9M | -34.4M | -26.6M | -28.3M | -8.7M |
| Income tax | -9K | 3.9M | 54K | 38K | 91K | 2.6M | 392K | 1M | -1.1M | -275K | -4.8M | 5.6M |
| Net income | -21.9M | -26M | -32.3M | -33.4M | -23.7M | -37.5M | -43.8M | -49.9M | -33.3M | -26.4M | -23.6M | -14.4M |
| Net margin | -104.9% | -110.6% | -171.9% | -152.9% | -93.9% | -152.7% | -216.5% | -206.2% | -121.3% | -69.7% | -46.3% | -19.8% |
| EBITDA | -12.2M | -12.6M | -23.8M | -23.9M | -14.7M | -30.7M | -38.9M | -44.2M | -30.4M | -22.2M | -23.5M | -3.2M |
| EPS | -0.68 | — | -0.97 | -0.91 | -0.55 | -0.8 | -0.92 | -1.05 | -0.69 | -0.54 | -0.47 | -0.28 |
| Diluted EPS | -0.68 | — | -0.97 | -0.91 | -0.55 | -0.8 | -0.92 | -1.05 | -0.69 | -0.54 | -0.47 | -0.28 |
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 | — | — | — | — | 392.5M | 212.5M | 202.3M | — | — | — | 2B |
| Enterprise value | — | — | — | — | 292M | 123.8M | 201.5M | — | — | — | 2.1B |
| Shares outstanding | 12M | 9.7M | 15.8M | 20.5M | 21.8M | 22.3M | 22.8M | 28.8M | 42.9M | 48.1M | 48.1M |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | — | — | — | — | -12.8 |
| P/S | — | — | — | — | 33.3 | 4.42 | 3.14 | — | — | — | 10.6 |
| P/B | — | — | — | — | 4.07 | 25.3 | -2.26 | — | — | — | -15.6 |
| EV/EBITDA | — | — | — | — | -2.34 | -1.37 | -2.64 | — | — | — | -31.8 |
| EV/Sales | — | — | — | — | 24.7 | 2.58 | 3.13 | — | — | — | 11.2 |
| Earnings yield | — | — | — | — | — | — | — | — | — | — | -7.79% |
| FCF yield | — | — | — | — | -27.3% | -40.3% | -43.4% | — | — | — | -5.35% |
| PEG | — | — | — | — | — | — | — | — | — | — | 0.18 |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross margin | 99.8% | 92.6% | -59.8% | 100% | 91.4% | 89.3% | 88.1% | 88.7% | 90.2% | 88.7% | 90.9% |
| Operating margin | 4.55% | -244.5% | -6.8K% | -608.2K% | -1.1K% | -192.1% | -122.8% | -79.2% | -107.1% | -113.7% | 0.15% |
| Net margin | -11.1% | -245.2% | -6.7K% | -584.1K% | -1.1K% | -230.7% | -170.6% | -123.6% | -140.4% | -139.8% | -51.7% |
| ROE | -11.9% | -29.2% | -84% | -58.3% | -133.3% | -1.3K% | 122.9% | 156.8% | 1.4K% | 145.5% | 145.5% |
| ROA | -8.42% | -26.5% | -73.1% | -52% | -105.3% | -92.5% | -80.9% | -57.3% | -44.4% | -76.6% | -18.1% |
| ROIC | -15.8% | 444.8% | 687.6% | -305.6% | 3K% | 114.9% | 87.6% | 63.8% | 79.3% | 127.9% | 150.7% |
| Return on tangible assets | -8.42% | -26.5% | -73.1% | -52% | -105.3% | -92.5% | -80.9% | -57.3% | -44.4% | -76.6% | -38.7% |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current ratio | 7.03 | 10.6 | 7.59 | 7.63 | 5.39 | 5.11 | 5.39 | 5.42 | 6.01 | 4.01 | 3.8 |
| Quick ratio | 6.99 | 10.5 | 7.59 | 7.63 | 5.3 | 4.9 | 5.21 | 5.24 | 5.81 | 3.65 | 3.41 |
| Debt / equity | — | — | 0 | 0.01 | 0.02 | 0.05 | -1.11 | -1.52 | -14 | -1.22 | -0.01 |
| Debt / assets | — | — | 0 | 0.01 | 0.01 | 0 | 0.73 | 0.56 | 0.43 | 0.64 | 0.78 |
| Net debt / EBITDA | — | — | 1.32 | 1.34 | 0.81 | 0.98 | 0.01 | 0.62 | 1.03 | -0.06 | -1.11 |
| Interest coverage | — | — | — | — | — | — | -11.8 | -5.68 | -8.91 | -9 | -5.05 |
| Effective tax rate | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue per share | 1.46 | 0.84 | 0.07 | 0 | 0.54 | 2.15 | 2.82 | 2.87 | 2.11 | 2.28 | 3.81 |
| EPS (basic) | -0.37 | -2.14 | -4.8 | -5.12 | -5.9 | -4.96 | -4.79 | -3.55 | -2.96 | -3.19 | -3.19 |
| EPS (diluted) | -0.37 | -2.14 | -4.8 | -5.12 | -5.9 | -4.96 | -4.79 | -3.55 | -2.96 | -3.19 | -1.97 |
| Book value per share | 1.36 | 7.05 | 5.72 | 8.78 | 4.42 | 0.38 | -3.92 | -2.26 | -0.21 | -2.19 | -2.71 |
| FCF per share | 0.29 | -1.01 | -2.41 | -3.48 | -4.92 | -3.83 | -3.85 | -2.66 | -2.26 | -3.38 | -3.16 |
| Cash per share | 1.78 | 7.51 | 6.43 | 7.16 | 4.68 | 3.99 | 4.38 | 4.75 | 5.52 | 2.5 | 2.21 |
| Capex per share | 0.06 | 0.03 | 0.04 | 0.02 | 0.06 | 0.03 | 0.01 | 0.01 | 0.01 | — | — |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Capex / revenue | 3.96% | 3.32% | 49.6% | 1.8K% | 10.3% | 1.57% | 0.39% | 0.23% | 0.33% | — | — |
| Capex / operating cash flow | 130.6% | -2.6% | -1.38% | -0.45% | -1.17% | -0.79% | -0.26% | -0.22% | -0.27% | — | — |
| Payout ratio | — | — | — | — | — | — | — | — | — | — | 0% |
| — |
| FY21 | — | -$4.96 | — | — | $48M | — |
| FY20 | — | -$5.9 | — | — | $11.8M | — |
| FY19 | — | -$5.12 | — | — | $18K | — |
| FY18 | — | -$4.8 | — | — | $1.1M | — |
| FY17 | — | -$2.14 | — | — | $8.2M | — |
| FY16 | — | -$0.37 | — | — | $17.5M | — |
| 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 | $20.9M | $23.5M | $18.8M | $21.8M | $25.2M | $24.6M | $20.3M | $24.2M | $27.5M | $37.8M | $51M | $72.5M |
| YoY change | +29.5% | +30.1% | +9.24% | +3.35% | +20.9% | +4.4% | +7.84% | +10.8% | +9.04% | +54% | +151.6% | +199.2% |
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 | 21.4M | 73M | 101.3M | 147.1M | 102M | 89.1M | 100M | 137M | 236.7M | 120.5M |
| Receivables | 83K | 0 | — | 0 | 7M | 11.7M | 12.7M | 15.4M | 20.3M | 33.1M |
| Inventory | 105K | 316K | — | 0 | 2M | 4.8M | 4.3M | 5.7M | 9.2M | 16.5M |
| Total current assets | 22M | 74.5M | 102.2M | 148.6M | 115.6M | 114.4M | 128.9M | 169.2M | 276.1M | 186M |
| Property, plant & equipment | 741K | 805K | 948K | 4.7M | 4.2M | 3.1M | 3.7M | 2.4M | 3.8M | 9.1M |
| Goodwill & intangibles | — | — | — | — | — | — | — | — | — | — |
| Total assets | 23.1M | 75.5M | 103.6M | 202.4M | 122M | 119.7M | 135.6M | 178.3M | 285.7M | 200.5M |
| Accounts payable | 1.9M | 2.8M | 4.3M | 4.7M | 3.3M | 5.8M | 5.5M | 6.5M | 10.9M | 12.1M |
| Short-term debt | — | — | — | — | — | — | — | — | — | — |
| Total current liabilities | 3.1M | 7M | 13.5M | 19.5M | 21.4M | 22.4M | 23.9M | 31.2M | 45.9M | 46.4M |
| Long-term debt | — | — | 0 | 2.6M | 1.5M | 398K | 99.1M | 99.4M | 123.4M | 128.3M |
| Total liabilities | 6.7M | 7M | 13.5M | 22.1M | 25.6M | 111.3M | 225M | 243.5M | 294.5M | 305.9M |
| Shareholders' equity | 16.3M | 68.5M | 90.1M | 180.3M | 96.4M | 8.4M | -89.4M | -65.2M | -8.8M | -105.5M |
| Total debt | — | — | 0 | 2.6M | 1.5M | 398K | 99.1M | 99.4M | 123.4M | 128.3M |
| Net debt | — | — | -101.3M | -47.1M | -51.4M | -44M | 43.7M | 4.4M | -48.6M | 17.6M |
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 | 147.4M | 137M | 164M | 241.1M | 249.6M | 236.7M | 195.9M | 157M | 127M | 120.5M | 140.3M | 108M |
| Receivables | 12.8M | 15.4M | 14.2M | 17.4M | 22.8M | 20.3M | 19.6M | 19.6M | 19.7M | 33.1M | 55.4M | 88.8M |
| Inventory | 5M | 5.7M | 7.2M | 7.4M | 7.6M | 9.2M | 7.6M | 7.1M | 8.3M | 16.5M | 20.9M | 24.6M |
| Total current assets | 182.1M | 169.2M | 196.8M | 279M | 295.1M | 276.1M | 237.2M | 196.9M | 168.5M | 186M | 237.5M | 235.4M |
| Property, plant & equipment | 2.7M | 2.4M | 2M | 1.8M | 1.7M | 3.8M | 5.4M | 6.2M | 9.2M | 9.1M | 8.6M | 8.2M |
| Goodwill & intangibles | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | 193.6M | 178.3M | 200.6M | 281.8M | 301.9M | 285.7M | 247.6M | 208.7M | 185M | 200.5M | 253.7M | 252.6M |
| Accounts payable | 4M | 6.5M | 6.3M | 8.3M | 5.6M | 10.9M | 14.6M | 13.6M | 10.3M | 12.1M | 17.2M | 15.5M |
| Short-term debt | — | — | — | — | — | — | — | — | — | — | — | 2.1M |
| Total current liabilities | 25.8M | 31.2M | 26.3M | 34.2M | 32.8M | 45.9M | 42M | 47.5M | 42.2M | 46.4M | 50.6M | 61.9M |
| Long-term debt | 99.5M | 99.4M | 98.2M | 98.2M | 121.9M | 123.4M | 124.9M | 125.9M | 128.4M | 128.3M | 195.2M | 194M |
| Total liabilities | 235.6M | 243.5M | 240.7M | 251.5M | 276.4M | 294.5M | 294.1M | 302.1M | 300.5M | 305.9M | 377.9M | 385M |
| Shareholders' equity | -42M | -65.2M | -40.1M | 30.3M | 25.5M | -8.8M | -46.5M | -93.4M | -115.4M | -105.5M | -124.3M | -132.4M |
| Total debt | 99.5M | 99.4M | 98.2M | 98.2M | 121.9M | 123.4M | 124.9M | 125.9M | 128.4M | 128.3M | 195.2M | 196.1M |
| Net debt | -19.8M | 4.4M | -33.2M | -121.7M | -3M | -48.6M | 20.9M | 33M | 38.3M | 17.6M | 85.2M | 117M |
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 | -1.9M | -20M | -75.7M | -105.1M | -128.5M | -110.8M | -109.8M | -102.2M | -126.9M | -153.5M |
| Depreciation & amortization | 213K | 207K | 417K | 1.3M | 2M | 1.8M | 1.8M | 1.7M | 1.2M | 2.4M |
| Stock-based compensation | 2M | 6.3M | 30.6M | 30M | 28M | 23.1M | 10.6M | 9.3M | 13.1M | 12M |
| Change in working capital | 293K | 3.1M | 3.9M | 2.9M | -4.2M | -7.6M | -4M | -41K | 3.7M | -25M |
| Operating cash flow | 532K | -10.4M | -40.7M | -71.8M | -104.1M | -94.7M | -98.8M | -90.2M | -110.1M | -162.4M |
| Capital expenditure | -695K | -271K | -560K | -325K | -1.2M | -752K | -254K | -194K | -295K | — |
| Investing cash flow | -719K | -36.3M | 35.3M | -145.6M | 93.2M | 4.1M | 1.1M | -953K | -20.6M | 61.8M |
| Dividends paid | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | -579K | 60.8M | 64M | 161.6M | 15.8M | 72.3M | 95.6M | 67.4M | 175.7M | 37.9M |
| Net change in cash | -766K | 14.1M | 58.6M | -55.8M | 4.9M | -18.3M | -2.1M | -23.8M | 44.9M | -62.7M |
| Free cash flow | 3.5M | -9.8M | -37.9M | -71.3M | -107.1M | -85.6M | -87.8M | -76.6M | -97.1M | -162.7M |
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 | 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 | -21.9M | -26M | -32.3M | -33.4M | -23.7M | -37.5M | -43.8M | -49.9M | -33.3M | -26.4M | -23.6M | -14.4M |
| Depreciation & amortization | 415K | 424K | 351K | 263K | 266K | 306K | 497K | 596K | 639K | 679K | 652K | 668K |
| Stock-based compensation | 2.2M | 2.6M | 2.8M | 3.6M | 3.5M | 3.3M | 3.1M | 2.7M | 3M | 3.1M | 4.6M | 5.3M |
| Change in working capital | 829K | -845K | 2M | 2.4M | -9.5M | 8.8M | 5.2M | -366K | -12.9M | -16.9M | -21.5M | -33.7M |
| Operating cash flow | -18.2M | -23.8M | -28.1M | -27M | -30M | -25.1M | -31.6M | -39.8M | -42.3M | -38.3M | -45.3M | -33M |
| Capital expenditure | -100K | -56K | 0 | -84K | -96K | -115K | -44K | — | — | — | — | — |
| Investing cash flow | 401K | -11.3M | 13.5M | 12M | -106.8M | 60.6M | -26M | 28.5M | 31.5M | 27.7M | -20.6M | 1.7M |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | 67.4M | 0 | 54.7M | 81.5M | 15M | 0 | 4K | -4K | 8M | 31.8M | 65M | -387K |
| Net change in cash | 49.6M | -35.1M | 40.1M | 66.5M | -121.7M | 35.5M | -57.6M | -11.3M | -2.8M | 21.2M | -925K | -31.7M |
| Free cash flow | -17.4M | -13.1M | -31.7M | -23.8M | -27.8M | -13.7M | -42.1M | -40M | -42.4M | -38.3M | -45.4M | -33.1M |