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 | -$0.13 | -$0.15 | -15.4% | — | $5.8M | — |
| Q1 26 | -$0.22 | -$0.12 | +45.5% | — | $5.7M | — |
| Q4 25 | -$0.14 | -$0.19 | -35.7% | — | $1.6M | — |
| Q3 25 | -$0.07 | -$0.25 | -257.1% | — | $0 | — |
| Q2 25 | -$0.13 | -$0.08 | +38.5% | — | $0 | — |
| Q1 25 | $0.32 | $0.58 | +81.2% | — | $0 | — |
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 | — | -$2.01 | — | — | $1.6M | — |
| FY24 | — | $0.1 | — | — | $0 | — |
| FY23 | — | -$0.09 | — | — | $0 | — |
| FY22 | — | — | — | — | $0 | — |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | $1.6M |
| YoY change | — | 0% | 0% | +InfinityT% |
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 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $0 |
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 1.6M |
| Cost of revenue | — | — | — | 1.4M |
| Gross profit | — | — | — | 195K |
| Gross margin | — | — | — | 11.9% |
| Research & development | 271K | 1.6M | — | 15.9M |
| Selling, general & administrative | 19.8M | 21.1M | — | 43.1M |
| Operating expenses | 24.1M | 24.5M | 4.1M | 59M |
| Operating income | -24.3M | -24.8M | -4.1M | -59.5M |
| Operating margin | — | — | — | -3.6K% |
| Non-operating income, net | -1.3M | 16.3M | 12M | -244.5M |
| Pretax income | -25.5M | -8.5M | 7.9M | -298.7M |
| Income tax | — | — | — | -160K |
| Net income | -25.5M | -8.5M | 7.9M | -298.5M |
| Net margin | — | — | — | -18.2K% |
| EBITDA | -23.6M | -24.4M | -16.5M | -52.5M |
| EPS | — | -0.09 | 0.1 | -2.01 |
| Diluted EPS | — | -0.09 | 0.1 | -3.31 |
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 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.6M | 5.7M | 5.8M |
| Cost of revenue | 44K | — | — | 66K | — | — | — | — | — | 5.6M | 7.4M |
| Gross profit | -44K | — | — | -66K | — | — | — | — | — | 106K | -1.6M |
| Gross margin | — | — | — | — | — | — | — | — | — | 1.86% | -27.2% |
| Research & development | 561K | 567K | -1.9M | 43K | — | 1.7M | 2.6M | 4.5M | 7.2M | 14.2M | 10.8M |
| Selling, general & administrative | 3.8M | 4.5M | 3.8M | 1.8M | — | 7M | 6.2M | 11.4M | 18.5M | 21.2M | 32.6M |
| Operating expenses | 4.8M | 5.8M | 1.9M | 1.9M | 3.1M | 8.7M | 8.8M | 15.9M | 25.6M | 35.2M | 43.1M |
| Operating income | -4.8M | -6M | -3M | -2M | 5.6M | -8.7M | -8.8M | -15.9M | -26.1M | -36.5M | -46.1M |
| Operating margin | — | — | — | — | — | — | — | — | -1.6K% | -640% | -791.5% |
| Non-operating income, net | 17.2M | -392K | 366K | 171K | 11.4M | 60.3M | -134.7M | -142.4M | -27.7M | -43.6M | 37M |
| Pretax income | 12.3M | -6.3M | -2.8M | -2M | 17.4M | 51.7M | -142.7M | -157M | -50.7M | -68.6M | -12.5M |
| Income tax | — | — | — | — | — | — | — | — | — | -577K | -513K |
| Net income | 12.3M | -6.3M | -2.8M | -2M | 17.4M | 51.7M | -142.7M | -157M | -50.5M | -68.1M | -12M |
| Net margin | — | — | — | — | — | — | — | — | -3.1K% | -1.2K% | -205.5% |
| EBITDA | 11.9M | -22.5M | -3.2M | -1.4M | -7.2M | -8.5M | -7.8M | -14.4M | -21.8M | -22.4M | -43.2M |
| EPS | — | — | — | — | — | 0.75 | -1.54 | -1.64 | -0.34 | -0.31 | -0.05 |
| Diluted EPS | — | — | — | — | — | 0.58 | -1.54 | -1.64 | -0.4 | -0.34 | -0.05 |
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 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|
| Market cap | — | — | — | — | 5.4B |
| Enterprise value | — | — | — | — | 2.2B |
| Shares outstanding | — | 84.8M | 82M | 148.1M | 148.1M |
| Metric | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|
| P/E | — | — | — | — | 25.1 |
| P/S | — | — | — | — | 421.4 |
| P/B | — | — | — | — | 1.71 |
| EV/EBITDA | — | — | — | — | -20.4 |
| EV/Sales | — | — | — | — | 166.9 |
| Earnings yield | — | — | — | — | 3.99% |
| FCF yield | — | — | — | — | -5.25% |
| PEG | — | — | — | — | -0.26 |
| Metric | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|
| Gross margin | — | — | — | 11.9% | -27.2% |
| Operating margin | — | — | — | -3.6K% | -795.6% |
| Net margin | — | — | — | -18.2K% | 11.9% |
| ROE | -79.7% | -20.1% | 112.1% | -60.4% | -23.6% |
| ROA | -38.2% | -14.9% | 32.7% | -43% | -4.45% |
| ROIC | — | — | — | -43.3% | -43.3% |
| Return on tangible assets | -38.2% | -14.9% | 32.7% | -103.6% | -11.1% |
| Metric | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|
| Current ratio | 2.54 | 2.44 | 0.02 | 10.2 | 32.8 |
| Quick ratio | 2.54 | 2.44 | 0.02 | 9.68 | 31.8 |
| Debt / equity | 0.03 | 0.03 | 0.17 | 0.01 | 0 |
| Debt / assets | 0.01 | 0.02 | 0.05 | 0 | 0 |
| Net debt / EBITDA | 1.11 | 0.5 | -0.07 | 6.8 | 15 |
| Interest coverage | — | — | — | -2.1K | -64.6 |
| Effective tax rate | — | — | — | 0% | 0% |
| Metric | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|
| Revenue per share | — | 0 | 0 | 0.01 | 0.08 |
| EPS (basic) | — | -0.09 | 0.1 | -2.01 | -2.01 |
| EPS (diluted) | — | -0.09 | 0.1 | -3.31 | -2.69 |
| Book value per share | — | 0.5 | 0.09 | 3.34 | 8.62 |
| FCF per share | — | -0.33 | -0.02 | -0.58 | -1.07 |
| Cash per share | — | 0.16 | 0 | 2.43 | 6.25 |
| Capex per share | — | 0.07 | — | 0.25 | 0.61 |
| Metric | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|
| Capex / revenue | — | — | — | 2.3K% | 1.1K% |
| Capex / operating cash flow | -27.8% | -28.7% | — | -76.3% | -131.5% |
| Payout ratio | — | — | — | — | 0% |
| $0 |
| $0 |
| $0 |
| $0 |
| $0 |
| $0 |
| $0 |
| $1.6M |
| $5.7M |
| $5.8M |
| YoY change | — | — | — | 0% | 0% | — | 0% | 0% | +InfinityT% | +InfinityT% | +InfinityT% |
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 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|
| Cash & short-term investments | 27M | 13.2M | 2.1K | 359.9M |
| Receivables | — | — | — | 3.8M |
| Inventory | — | — | — | 18.5M |
| Total current assets | 27.3M | 13.6M | 60.5K | 385.4M |
| Property, plant & equipment | 21.6M | 26.5M | — | 96.4M |
| Goodwill & intangibles | — | — | — | 406.9M |
| Total assets | 66.9M | 57.4M | 24.1M | 695M |
| Accounts payable | 2.4M | 385K | 2.7M | 11.1M |
| Short-term debt | 442K | 452K | 1.2M | 2.3M |
| Total current liabilities | 10.7M | 5.6M | 3.9M | 37.9M |
| Long-term debt | 460K | 641K | — | 777K |
| Total liabilities | 34.8M | 14.9M | 17.1M | 200.7M |
| Shareholders' equity | 32M | 42.5M | 7M | 494.3M |
| Total debt | 902K | 1.1M | 1.2M | 3M |
| Net debt | -26.1M | -12.1M | 1.2M | -356.9M |
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 23 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 13.2M | 3.3M | 23M | 2.1K | 23.4M | 121.8M | 257.6M | 359.9M | 1.7B | 1.5B |
| Receivables | — | — | — | — | — | — | — | 3.8M | 5.7M | 6.3M |
| Inventory | — | — | — | — | — | — | — | 18.5M | 28.4M | 50.1M |
| Total current assets | 13.6M | 3.8M | 23.5M | 60.5K | 25.8M | 123.5M | 258.9M | 385.4M | 1.8B | 1.7B |
| Property, plant & equipment | 26.5M | 26.8M | 28.2M | — | 34.1M | 36.4M | 44.5M | 96.4M | 132.5M | 177.4M |
| Goodwill & intangibles | — | — | — | — | — | — | — | 406.9M | 404.2M | 401.5M |
| Total assets | 57.4M | 48.3M | 72.6M | 24.1M | 77.1M | 179.7M | 323.3M | 695M | 2.1B | 3B |
| Accounts payable | 385K | 480K | 1.3M | 2.7M | 3.1M | 2.2M | 1.8M | 11.1M | 17.1M | 17.4M |
| Short-term debt | 452K | 79K | 821K | 1.2M | 376K | 421K | 426K | 2.3M | 518K | 640K |
| Total current liabilities | 5.6M | 3.2M | 5.1M | 3.9M | 7.3M | 8.2M | 15.7M | 37.9M | 49.3M | 51M |
| Long-term debt | 641K | 714K | — | — | 1.1M | 990K | 884K | 777K | 763K | 2.6M |
| Total liabilities | 14.9M | 12.6M | 13.3M | 17.1M | 129.7M | 311.6M | 381.9M | 200.7M | 255.9M | 461.9M |
| Shareholders' equity | 42.5M | 35.6M | 59.3M | 7M | -52.7M | -131.9M | -58.6M | 494.3M | 1.9B | 2.5B |
| Total debt | 1.1M | 793K | 821K | 1.2M | 1.5M | 1.4M | 1.3M | 3M | 1.3M | 3.2M |
| Net debt | -12.1M | -2.5M | -22.2M | 1.2M | -21.9M | -120.4M | -256.3M | -356.9M | -1.7B | -1.5B |
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 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|
| Net income | -25.5M | -8.5M | 7.9M | -298.5M |
| Depreciation & amortization | 671K | 718K | — | 1.6M |
| Stock-based compensation | 3.2M | 1.4M | — | 8.8M |
| Change in working capital | 3.2M | 2.5M | — | -10.3M |
| Operating cash flow | -18.4M | -20.7M | 7.9M | -49M |
| Capital expenditure | -5.1M | -6M | — | -37.4M |
| Investing cash flow | -15.2M | -6M | 493.8M | -139.6M |
| Dividends paid | — | — | — | — |
| Share repurchases | 0 | -191K | -246.9M | — |
| Financing cash flow | 22.3M | 14.1M | -245.8M | 227.5M |
| Net change in cash | -11.3M | -12.6M | 255.9M | 39M |
| Free cash flow | -19.9M | -27.9M | -1.4M | -86.3M |
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 | Q3 23 | Q4 23 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income | 12.3M | -6.3M | -2.8M | -2M | 17.4M | 51.7M | -142.7M | -157M | -50.5M | -68.1M | -12M |
| Depreciation & amortization | 157K | 259K | 98K | 91K | — | 65K | 205K | 147K | 1.1M | 2.1M | 2.5M |
| Stock-based compensation | 299K | 311K | -315K | 158K | — | 1.3M | 0 | 3M | 4.5M | 4.9M | 6.1M |
| Change in working capital | -1.5M | 112K | -696K | 737K | — | -1.6M | -1.2M | -995K | -1.9M | -1.9M | -19.7M |
| Operating cash flow | -5.8M | -5.4M | -3.7M | -967K | 17.4M | 51.5M | -7.9M | -2.8M | -27.9M | -18.5M | -56.9M |
| Capital expenditure | 628K | -281K | -36K | -1.4M | — | -3M | -3.2M | -7.1M | -24M | -38.6M | -69.7M |
| Investing cash flow | 628K | -281K | -36K | -1.4M | — | -3M | -3.2M | -7.1M | -24M | -38.6M | -69.7M |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | -62K | -129K | — | -58K | -246.4M | — | — | — | — | — | — |
| Financing cash flow | -62K | 6.8M | 316K | -3.2M | -267.5M | 20M | 87.6M | 119.9M | 0 | 1.4B | -27.9M |
| Net change in cash | -5.3M | 1.2M | -3.4M | -5.6M | -250.1M | 68.4M | 76.5M | 109.9M | -51.9M | 1.4B | -154.5M |
| Free cash flow | -4.5M | -4.3M | -4.1M | -2.6M | 10.6M | -13.4M | -11.2M | -9.9M | -51.9M | -57.1M | -126.6M |