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 | -$0.59 | -$1.04 | -76.3% | — | $50.5M | — |
| Q1 26 | -$0.69 | -$0.82 | -18.8% | — | $51.7M | — |
| Q4 25 | -$1.32 | -$2.39 | -81.1% | — | $57.2M | — |
| Q3 25 | -$0.45 | -$0.38 | +15.6% | — | $56.3M | — |
| Q2 25 | -$0.36 | -$0.46 | -27.8% | — | $52.6M | — |
| Q1 25 | -$0.6 | -$0.5 | +16.7% | — | $50M | — |
| Q4 24 | -$0.11 | -$0.08 | +27.3% | — | $53.2M | — |
| Q3 24 | -$0.16 | -$0.09 | +43.8% | — | $47.7M | — |
| Q2 24 | -$0.21 | -$0.08 | +61.9% | — | $50.5M | — |
| Q1 24 | $0.05 | -$0.07 | -240.0% | — | $47.5M | — |
| Q4 23 | -$0.09 | -$0.04 | +55.6% | — | $45.3M | — |
| Q2 23 | -$0.13 | $0.03 | +123.1% | — | $46.1M | — |
| Q1 23 | — | $0.06 | — | — | $62.5M | — |
| Q4 22 | $0.08 | $0.12 | +50.0% | — | $64.5M | — |
| Q3 22 | $0.09 | $0.06 | -33.3% | — | $65.3M | — |
| Q2 22 | $0.11 | $0.05 | -54.5% | — | $64.4M | — |
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 | — | -$3.74 | — | — | $216.1M | — |
| FY24 | — | -$0.33 | — | — | $198.8M | — |
| FY23 | — | $0.04 | — | — | $192.6M | — |
| FY22 | — | $0.11 | — | — | $254.4M |
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 | $146M | $165.1M | $193.1M | $227.2M | $248.2M | $268.7M | $254.4M | $192.6M | $198.8M | $216.1M |
| YoY change | +32.8% | +13.1% | +17% | +17.6% | +9.23% | +8.27% | -5.32% | -24.3% | +3.18% | +8.72% |
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 | 146M | 165.1M | 193.1M | 227.2M | 248.2M | 268.7M | 254.4M | 192.6M | 198.8M | 216.1M |
| Cost of revenue | 24.7M | 17.8M | 20.5M | 24.5M | 23.4M | 25.6M | 24.3M | 14.8M | 11.3M | 13M |
| Gross profit | 121.3M | 147.2M | 172.6M | 202.7M | 224.8M | 243.1M | 230.1M | 177.8M | 187.5M | 203.1M |
| Gross margin | 83.1% | 89.2% | 89.4% | 89.2% | 90.6% | 90.5% | 90.5% | 92.3% | 94.3% | 94% |
| Research & development | 29.2M | 38.5M | 43.6M | 48.6M | 55.6M | 75.4M | 85.8M | 76.8M | 74.4M | 109.3M |
| Selling, general & administrative | 99.8M | 123.8M | 105.8M | 129.7M | 140.5M | 124M | 136.5M | 112.9M | 146.4M | 238M |
| Operating expenses | 128.9M | 162.4M | 149.3M | 178.4M | 196.1M | 199.4M | 222.3M | 189.7M | 220.8M | 347.2M |
| Operating income | -18.6M | -16.9M | 21.7M | 22.8M | 27.2M | 42.2M | 6.3M | -14M | -40.7M | -151.2M |
| Operating margin | -12.7% | -10.2% | 11.3% | 10% | 11% | 15.7% | 2.49% | -7.24% | -20.5% | -70% |
| Non-operating income, net | 665K | 1.5M | 3.6M | 6.2M | 4.4M | 199K | 5M | 20.3M | 17.7M | 12.5M |
| Pretax income | -17.9M | -15.4M | 25.3M | 29M | 31.7M | 42.4M | 11.3M | 6.3M | -22.9M | -138.6M |
| Income tax | 104K | 136K | 138K | -86.5M | 8.3M | 9.2M | 5M | 3.8M | -4M | 81.8M |
| Net income | -18M | -15.6M | 25.2M | 115.6M | 23.3M | 33.2M | 6.3M | 2.5M | -18.9M | -220.5M |
| Net margin | -12.3% | -9.43% | 13.1% | 50.9% | 9.4% | 12.3% | 2.47% | 1.3% | -9.51% | -102% |
| EBITDA | -6.7M | -13.9M | 24.7M | 25.7M | 30.1M | 45M | 9.1M | -10.9M | -32.5M | -139.3M |
| EPS | -0.41 | -0.35 | 0.5 | 2.17 | 0.43 | 0.6 | 0.11 | 0.04 | -0.33 | -3.74 |
| Diluted EPS | -0.41 | -0.35 | 0.48 | 2.11 | 0.42 | 0.58 | 0.11 | 0.04 | -0.33 | -3.74 |
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 | 38.8M | 45.3M | 47.5M | 50.5M | 47.7M | 53.2M | 50M | 52.6M | 56.3M | 57.2M | 51.7M | 50.5M |
| Cost of revenue | 3.1M | 3.5M | 3.4M | 2.7M | 2.6M | 2.6M | 3.5M | 2.7M | 3M | 3.8M | 3.2M | 3.6M |
| Gross profit | 35.8M | 41.8M | 44M | 47.7M | 45.1M | 50.6M | 46.5M | 49.9M | 53.3M | 53.4M | 48.6M | 47M |
| Gross margin | 92.1% | 92.4% | 92.8% | 94.6% | 94.6% | 95.1% | 93% | 94.8% | 94.7% | 93.3% | 93.9% | 93% |
| Research & development | 16.6M | 24.3M | 21.2M | 16.7M | 16.8M | 19.8M | 35.7M | 22M | 22.6M | 29M | 28.4M | 37M |
| Selling, general & administrative | 24.8M | 23.6M | 30.1M | 39.5M | 37.6M | 39.3M | 50.1M | 64.6M | 60.3M | 63M | 68.4M | 71.8M |
| Operating expenses | 41.4M | 48M | 51.2M | 56.1M | 54.3M | 59.1M | 85.8M | 86.6M | 82.8M | 92M | 96.8M | 108.8M |
| Operating income | -6M | -7.1M | -9.2M | -10.1M | -11M | -10.3M | -41M | -38.5M | -31.3M | -40.4M | -50.2M | -63.8M |
| Operating margin | -15.4% | -15.7% | -19.5% | -20.1% | -23.1% | -19.3% | -82% | -73.2% | -55.6% | -70.5% | -97.1% | -126.3% |
| Non-operating income, net | 5.9M | 5.4M | 4.6M | 4.6M | 4.8M | 3.8M | 3.7M | 3.6M | 2.9M | 2.4M | 1.8M | 1.4M |
| Pretax income | -120K | -1.7M | -4.7M | -5.5M | -6.2M | -6.5M | -37.4M | -34.9M | -28.4M | -38M | -48.4M | -62.4M |
| Income tax | -257K | 739K | -518K | -998K | -920K | -1.6M | -7.9M | -7.7M | -5.8M | 103.2M | 143K | 129K |
| Net income | 137K | -2.4M | -4.1M | -4.5M | -5.3M | -4.9M | -29.5M | -27.2M | -22.6M | -141.2M | -48.6M | -62.5M |
| Net margin | 0.35% | -5.3% | -8.74% | -8.95% | -11.2% | -9.24% | -58.9% | -51.7% | -40.1% | -246.8% | -93.9% | -123.7% |
| EBITDA | -5.4M | -5.9M | -7M | -8.2M | -9M | -8.3M | -39M | -36.8M | -29.5M | -34.5M | -46.7M | -60.1M |
| EPS | 0 | -0.04 | -0.07 | -0.08 | -0.09 | -0.08 | -0.5 | -0.46 | -0.38 | -2.39 | -0.82 | -1.04 |
| Diluted EPS | 0 | -0.04 | -0.07 | -0.08 | -0.09 | -0.08 | -0.5 | -0.46 | -0.38 | -2.39 | -0.82 | -1.04 |
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 | 693M | 680M | — | 872M | 715.2M | 871.6M | 417.3M | 242.1M | 278.5M | 519.8M | 312.6M |
| Enterprise value | 551.7M | 536.6M | — | 574.5M | 361.1M | 451.1M | -38.5M | -136.7M | -83.7M | 268.5M | 158.1M |
| Shares outstanding | 43.4M | 44.7M | 50.9M | 53.1M | 54.4M | 55.5M | 56.5M | 57.4M | 58.1M | 58.9M | 58.9M |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | 7.55 | 30.6 | 26.3 | 66.5 | 96.5 | — | — | 126 |
| P/S | 4.75 | 4.12 | — | 3.84 | 2.88 | 3.24 | 1.64 | 1.26 | 1.4 | 2.41 | 1.42 |
| P/B | 5.28 | 5.18 | — | 2.12 | 1.58 | 1.73 | 0.79 | 0.44 | 0.52 | 1.59 | 1.08 |
| EV/EBITDA | -82.3 | -38.5 | — | 22.4 | 12 | 10 | -4.24 | 12.5 | 2.57 | -1.93 | -0.89 |
| EV/Sales | 3.78 | 3.25 | — | 2.53 | 1.45 | 1.68 | -0.15 | -0.71 | -0.42 | 1.24 | 0.73 |
| Earnings yield | — | — | — | 13.3% | 3.26% | 3.8% | 1.5% | 1.04% | — | — | 0.79% |
| FCF yield | -1.37% | -0.54% | — | 5.15% | 6.99% | 7.3% | 7.5% | 5.13% | -5.83% | -21.2% | -27.7% |
| PEG | — | — | — | — | — | — | — | — | — | — | 1 |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross margin | 83.1% | 89.2% | 89.4% | 89.2% | 90.6% | 90.5% | 90.5% | 92.3% | 94.3% | 94% | 93% |
| Operating margin | -12.7% | -10.2% | 11.3% | 10% | 11% | 15.7% | 2.49% | -7.24% | -20.5% | -70% | -126.3% |
| Net margin | -12.3% | -9.43% | 13.1% | 50.9% | 9.4% | 12.3% | 2.47% | 1.3% | -9.51% | -102% | -127.4% |
| ROE | -13.7% | -11.8% | 9.15% | 28.1% | 5.15% | 6.57% | 1.19% | 0.46% | -3.51% | -67.4% | -77.8% |
| ROA | -8.56% | -7.58% | 7.59% | 23.9% | 4.37% | 5.58% | 0.99% | 0.39% | -2.88% | -45.1% | -22.4% |
| ROIC | 185.5% | 140.6% | 119.7% | 20.1% | 20.3% | 39.1% | 4.92% | -3.33% | -23.1% | -199% | -254.4% |
| Return on tangible assets | -11.6% | -10.2% | 8.91% | 26.4% | 4.76% | 5.99% | 1.05% | 0.62% | -4.42% | -86.5% | -147.6% |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current ratio | 3.46 | 2.41 | 5.64 | 5.95 | 6.21 | 6.43 | 5.68 | 4.94 | 4.39 | 2.39 | 1.61 |
| Quick ratio | 3.45 | 2.4 | 5.62 | 5.93 | 6.19 | 6.41 | 5.67 | 4.92 | 4.37 | 2.38 | 1.6 |
| Debt / equity | — | — | 0 | 0.04 | 0.03 | 0.02 | 0.02 | 0.02 | 0.02 | 0.04 | 0.1 |
| Debt / assets | — | — | 0 | 0.03 | 0.03 | 0.02 | 0.02 | 0.01 | 0.02 | 0.03 | 0.06 |
| Net debt / EBITDA | — | — | -10.4 | -11.6 | -11.8 | -9.34 | -50.3 | 34.6 | 11.1 | 1.8 | 0.86 |
| Effective tax rate | 0% | 0% | 0.54% | 0% | 26.3% | 21.7% | 44.5% | 60.4% | 0% | 0% | 0% |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue per share | 3.36 | 3.69 | 3.8 | 4.28 | 4.56 | 4.84 | 4.51 | 3.36 | 3.42 | 3.67 | 3.63 |
| EPS (basic) | -0.41 | -0.35 | 0.5 | 2.17 | 0.43 | 0.6 | 0.11 | 0.04 | -0.33 | -3.74 | -3.74 |
| EPS (diluted) | -0.41 | -0.35 | 0.48 | 2.11 | 0.42 | 0.58 | 0.11 | 0.04 | -0.33 | -3.74 | -4.64 |
| Book value per share | 3.02 | 2.94 | 5.42 | 7.73 | 8.33 | 9.09 | 9.34 | 9.5 | 9.26 | 5.55 | 4.67 |
| FCF per share | -0.22 | -0.08 | 0.09 | 0.85 | 0.92 | 1.15 | 0.55 | 0.22 | -0.28 | -1.87 | -2.54 |
| Cash per share | 3.25 | 3.21 | 5.06 | 5.87 | 6.76 | 7.79 | 8.27 | 6.77 | 6.44 | 4.48 | 2.81 |
| Capex per share | 0.03 | 0.04 | 0.01 | 0.02 | 0.03 | 0.01 | 0.01 | 0.01 | 0.01 | — | — |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Capex / revenue | 0.96% | 1.01% | 0.19% | 0.45% | 0.72% | 0.21% | 0.27% | 0.2% | 0.25% | — | — |
| Capex / operating cash flow | -66.7% | -31.9% | 0.99% | 1.97% | 3.76% | 0.86% | 1.65% | 3.08% | -25.2% | — | — |
| Payout ratio | — | — | — | — | — | — | — | — | — | — | 0% |
| — |
| FY21 | — | $0.6 | — | — | $268.7M | — |
| FY20 | — | $0.43 | — | — | $248.2M | — |
| FY19 | — | $2.17 | — | — | $227.2M | — |
| FY18 | — | $0.5 | — | — | $193.1M | — |
| FY17 | — | -$0.35 | — | — | $165.1M | — |
| FY16 | — | -$0.41 | — | — | $146M | — |
| 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 | $38.8M | $45.3M | $47.5M | $50.5M | $47.7M | $53.2M | $50M | $52.6M | $56.3M | $57.2M | $51.7M | $50.5M |
| YoY change | -40.6% | -29.8% | -24.1% | +9.59% | +22.8% | +17.5% | +5.43% | +4.19% | +18.1% | +7.58% | +3.35% | -3.92% |
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 | 141.3M | 143.4M | 257.4M | 312.1M | 367.7M | 432.8M | 466.9M | 388.3M | 374.6M | 263.8M |
| Receivables | 20.3M | 17.6M | 28.8M | 26.4M | 30M | 32.5M | 33.5M | 34.2M | 47.1M | 54.6M |
| Inventory | 779K | 840K | 994K | 1.1M | 1.3M | 1M | 1.2M | 1.4M | 1.7M | 1.9M |
| Total current assets | 174.2M | 169.9M | 299.1M | 354.1M | 409.1M | 478.3M | 519.3M | 432.9M | 438.9M | 347.3M |
| Property, plant & equipment | 5M | 5.3M | 4.4M | 15M | 14.6M | 12.4M | 11M | 9.1M | 12.7M | 13.5M |
| Goodwill & intangibles | 55.6M | 52.1M | 49.1M | 46.1M | 43.1M | 40.2M | 37.1M | 242.7M | 228.2M | 234.2M |
| Total assets | 210.4M | 205.4M | 332.1M | 483.7M | 533.5M | 593.8M | 634.2M | 648.4M | 656.2M | 488.9M |
| Accounts payable | — | — | — | — | 1M | 925K | 12.7M | 7.1M | 3.5M | 4.9M |
| Short-term debt | — | — | — | 2.1M | 2.1M | 2.3M | 2.3M | 2.4M | 4.3M | 5.6M |
| Total current liabilities | 50.3M | 70.4M | 53M | 59.5M | 65.9M | 74.4M | 91.4M | 87.7M | 100M | 145.2M |
| Long-term debt | — | — | 0 | 12.5M | 11.5M | 10.1M | 8.8M | 7M | 8.1M | 7.1M |
| Total liabilities | 79M | 74M | 56.7M | 72.8M | 80.2M | 88.9M | 107M | 103.5M | 117.7M | 161.8M |
| Shareholders' equity | 131.3M | 131.4M | 275.4M | 410.9M | 453.3M | 504.9M | 527.2M | 544.9M | 538.5M | 327.2M |
| Total debt | — | — | 0 | 14.6M | 13.6M | 12.4M | 11.1M | 9.4M | 12.4M | 12.6M |
| Net debt | — | — | -61M | -30.5M | -47.4M | -39.7M | -123.9M | -126.4M | -90M | -72.2M |
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 | 489.9M | 388.3M | 394.1M | 387.7M | 376.3M | 374.6M | 340.9M | 325.6M | 293.8M | 263.8M | 202.3M | 170M |
| Receivables | 29.3M | 34.2M | 36.7M | 41.9M | 42.8M | 47.1M | 44.6M | 45M | 50.5M | 54.6M | 56.9M | 59.7M |
| Inventory | 1M | 1.4M | 1.5M | 1.5M | 1.6M | 1.7M | 1.9M | 2.2M | 2M | 1.9M | 1.7M | 1.7M |
| Total current assets | 536.6M | 432.9M | 439.4M | 439.2M | 432.4M | 438.9M | 407.9M | 394.9M | 367.5M | 347.3M | 293.2M | 264.5M |
| Property, plant & equipment | 9.6M | 9.1M | 9M | 8.7M | 8.2M | 12.7M | 12.5M | 12.5M | 11.9M | 13.5M | 14.1M | 23.9M |
| Goodwill & intangibles | 34.9M | 242.7M | 238.7M | 235.2M | 231.7M | 228.2M | 224.7M | 221.2M | 217.7M | 234.2M | 230.2M | 226.2M |
| Total assets | 641.6M | 648.4M | 652.7M | 651.4M | 645.1M | 656.2M | 631.9M | 624.7M | 601.1M | 488.9M | 433.5M | 412.5M |
| Accounts payable | 3.5M | 7.1M | 4.3M | 2.3M | 5.8M | 3.5M | 6M | 2.2M | 3.1M | 4.9M | 4.5M | 8.7M |
| Short-term debt | 2.4M | 2.4M | 2.4M | 2.4M | 2.5M | 4.3M | 4.4M | 4.7M | 4.7M | 5.6M | 6M | 4.6M |
| Total current liabilities | 84.8M | 87.7M | 93.3M | 93.8M | 89.1M | 100M | 103.9M | 121.5M | 117.9M | 145.2M | 135.6M | 164M |
| Long-term debt | 7.5M | 7M | 6.5M | 6M | 5.5M | 8.1M | 7.4M | 7M | 6.2M | 7.1M | 7.1M | 18.2M |
| Total liabilities | 98.5M | 103.5M | 108.7M | 108.9M | 103.9M | 117.7M | 120.5M | 138.4M | 135.1M | 161.8M | 152.8M | 192.3M |
| Shareholders' equity | 543.1M | 544.9M | 544M | 542.5M | 541.2M | 538.5M | 511.4M | 486.3M | 466M | 327.2M | 280.8M | 220.2M |
| Total debt | 9.8M | 9.4M | 8.9M | 8.4M | 7.9M | 12.4M | 11.7M | 11.6M | 10.9M | 12.6M | 13.1M | 22.8M |
| Net debt | -173.3M | -126.4M | -116.2M | -94.5M | -92.6M | -90M | -100.1M | -69.3M | -59.1M | -72.2M | -41M | -33M |
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 | -18M | -15.6M | 25.2M | 115.6M | 23.3M | 33.2M | 6.3M | 2.5M | -18.9M | -220.5M |
| Depreciation & amortization | 11.9M | 3M | 3M | 2.9M | 2.9M | 2.8M | 2.7M | 3M | 8.1M | 11.9M |
| Stock-based compensation | 8.5M | 10.5M | 11.7M | 13.5M | 13.4M | 15.4M | 16.3M | 14M | 12.4M | 9.5M |
| Change in working capital | -4.9M | -3.7M | -2.9M | 5.9M | 249K | 4M | 12.2M | -9.3M | 258K | 20.4M |
| Operating cash flow | -2.1M | -5.2M | 37.1M | 51.8M | 47.8M | 63.8M | 41.1M | 12.4M | -1.9M | -109.4M |
| Capital expenditure | -1.4M | -1.7M | -368K | -1M | -1.8M | -552K | -679K | -383K | -490K | — |
| Investing cash flow | -10.1M | -10.1M | -84.7M | -68.3M | -41.5M | -76.7M | 49.9M | -112.7M | -17.4M | 95.9M |
| Dividends paid | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | 0 | 0 | 100.9M | 0 | 0 | — | — | — | -155K | -2.9M |
| Net change in cash | -12.2M | -15.3M | 53.3M | -16.5M | 6.3M | -12.9M | 91M | -100.3M | -19.5M | -16.5M |
| Free cash flow | -9.5M | -3.6M | 4.6M | 44.9M | 50M | 63.7M | 31.3M | 12.4M | -16.2M | -110.4M |
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 | — | — | — | -4.5M | -5.3M | — | — | — | -22.6M | -141.2M | -48.6M | -62.5M |
| Depreciation & amortization | — | — | — | 2M | 2M | — | — | — | 337K | 5.9M | 3.5M | 3.7M |
| Stock-based compensation | — | — | — | 3M | 3M | — | — | — | 2.1M | 2.3M | 2.6M | 2.1M |
| Change in working capital | -280K | 3.3M | 1.2M | -6.5M | -5.5M | -2.1M | 5.6M | 11.3M | -8.8M | 9M | -2.1M | 26.1M |
| Operating cash flow | -280K | 3.3M | 1.2M | -6.7M | -8.5M | -2.1M | 5.6M | 11.3M | -31.6M | -29.4M | -50.2M | -31.1M |
| Capital expenditure | — | — | — | -108K | -161K | — | — | — | — | — | — | — |
| Investing cash flow | — | — | — | -15.3M | 12.1M | — | — | — | 21.5M | 45M | 30.5M | 34M |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | — | — | — | — | — | — | — | — | -517K | -640K | -776K | -856K |
| Net change in cash | -280K | 3.3M | 1.2M | -22M | 3.6M | -2.1M | 5.6M | 11.3M | -10.6M | 14.9M | -20.5M | 2.1M |
| Free cash flow | — | — | — | -7M | -14.7M | — | — | — | -31.8M | -29.5M | -60.4M | -31.3M |