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 % |
|---|---|---|---|---|---|---|
| Q1 27 | -$0.11 | -$0.25 | -127.3% | — | — | — |
| Q0 27 | -$0.22 | -$0.32 | -45.5% | — | $1.6B | — |
| Q0 26 | $0.18 | -$1.59 | -983.3% | — | $1.5B | — |
| Q3 25 | -$0.04 | $0.02 | +150.0% | — | $377.2M | — |
| Q2 25 | -$0.03 | -$0.02 | +33.3% | — | $380M | — |
| Q1 25 | -$0.03 | -$0.02 | +33.3% | — | $416.3M | — |
| Q4 24 | -$0.11 | -$0.02 | +81.8% | — | $443.3M | — |
| Q3 24 | -$0.12 | -$0.08 | +33.3% | — | $386.2M | — |
| Q2 24 | -$0.08 | -$0.04 | +50.0% | — | $391M | — |
| Q1 24 | -$0.15 | -$0.11 | +26.7% | — | $402.3M | — |
| Q4 23 | -$0.24 | -$0.17 | +29.2% | — | $410.2M | — |
| Q3 23 | -$0.27 | -$0.22 | +18.5% | — | $320.9M | — |
| Q2 23 | -$0.24 | -$0.12 | +50.0% | — | $312.7M | — |
| Q1 23 | -$0.38 | -$0.27 | +28.9% | — | $324.4M | — |
| Q4 22 | -$0.57 | -$0.39 | +31.6% | — | $320M | — |
| Q3 22 | -$0.62 | -$0.52 | +16.1% | — | $225M | — |
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 % |
|---|---|---|---|---|---|---|
| FY24 | — | -$0.54 | — | — | $1.6B | — |
| FY23 | — | -$1.04 | — | — | $1.4B | — |
| FY22 | — | -$3.08 | — | — | $1B | — |
| FY21 | — | -$2.78 | — | — | $638.4M |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | FY15 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $964K | $24K | $41K | $0 | $4.3M | $217.7M | $638.4M | $1B | $1.4B | $1.6B |
| YoY change | +22% | -97.5% | +70.8% | -100% | +InfinityT% | +5K% | +193.2% | +58% | +35.6% | +18.6% |
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 | FY15 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 964K | 24K | 41K | 0 | 4.3M | 217.7M | 638.4M | 1B | 1.4B | 1.6B |
| Cost of revenue | 792K | 6K | 8K | — | 0 | 233.8M | 648.8M | 1B | 1.3B | 1.4B |
| Gross profit | 172K | 18K | 33K | — | 4.3M | -16M | -10.4M | -41.1M | 86.1M | 203.9M |
| Gross margin | 17.8% | 75% | 80.5% | — | 100% | -7.36% | -1.63% | -4.07% | 6.3% | 12.6% |
| Research & development | 0 | 161K | 0 | — | 0 | 30.2M | 55.4M | 69.3M | 67.7M | 80M |
| Selling, general & administrative | 2.9M | 778K | 1.2M | 6.7M | 13.8M | 140.8M | 224.8M | 264.8M | 271.3M | 277.6M |
| Operating expenses | 2.9M | 939K | 1.2M | 6.7M | 13.8M | 171M | 280.2M | 334M | 339M | 357.6M |
| Operating income | -2.7M | -921K | -1.1M | -15M | -30.3M | -231M | -328.3M | -411.9M | -289.4M | -192.2M |
| Operating margin | -282.9% | -3.8K% | -2.8K% | — | -709.1% | -106.1% | -51.4% | -40.8% | -21.1% | -11.8% |
| Non-operating income, net | -4M | -9M | 12.5M | 2.4M | -11.1M | -359.4M | 2.2M | -682K | 684K | 27.6M |
| Pretax income | -7.6M | -10.1M | 10.5M | -15.2M | -43.4M | -609.1M | -354.5M | -426.7M | -294M | -177.1M |
| Income tax | — | 0 | 0 | -2.1M | -5.3M | -9.7M | -2.7M | -1.7M | -879K | 659K |
| Net income | -7.6M | -10.1M | 10.5M | -13.1M | -38.1M | -599.4M | -383M | -561.9M | -287.9M | -176.1M |
| Net margin | -789.3% | -41.9K% | 25.5K% | — | -892.7% | -275.3% | -60% | -55.7% | -21% | -10.9% |
| EBITDA | -3.3M | -919K | -971K | -6.8M | -8.8M | -183.3M | -289.7M | -368.5M | -239.7M | -139.4M |
| EPS | -24.3K | -8.9K | 7.12 | -2.37 | -1.57 | -12.8 | -2.78 | -3.08 | -1.04 | -0.54 |
| Diluted EPS | -24.3K | -8.9K | 0.74 | -2.37 | -1.57 | -12.8 | -2.78 | -3.08 | -1.04 | -0.54 |
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | Q4 22 | Q1 23 | Q2 23 | Q3 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 320M | 324.4M | 312.7M | 320.9M | 410.2M | 402.3M | 391M | 386.2M | 443.3M | 416.3M | 380M | 377.2M |
| Cost of revenue | 316.7M | 321.1M | 289.3M | 301.3M | 370.4M | 374.7M | 341.7M | 332.1M | 370.5M | 347.1M | 302.3M | 298.8M |
| Gross profit | 3.3M | 3.2M | 23.5M | 19.7M | 39.8M | 27.7M | 49.3M | 54.1M | 72.8M | 69.2M | 77.7M | 78.4M |
| Gross margin | 1.02% | 1% | 7.5% | 6.13% | 9.7% | 6.88% | 12.6% | 14% | 16.4% | 16.6% | 20.4% | 20.8% |
| Research & development | 6.8M | 18.2M | 17.8M | 17.5M | 14.2M | 20M | 19.3M | 21.2M | 19.4M | 20.1M | 19.3M | 19.5M |
| Selling, general & administrative | 48.2M | 57.6M | 49.3M | 76.4M | 88.1M | 61.7M | 56.1M | 81.8M | 78M | 64.6M | 54.3M | 68.7M |
| Operating expenses | 54.9M | 75.8M | 67.1M | 93.9M | 102.2M | 81.7M | 75.4M | 102.9M | 97.5M | 84.7M | 73.5M | 88.2M |
| Operating income | -59.9M | -81.5M | -52.5M | -83.3M | -72.1M | -63.3M | -35.7M | -58.6M | -34.6M | -25.4M | -6M | -20.1M |
| Operating margin | -18.7% | -25.1% | -16.8% | -26% | -17.6% | -15.7% | -9.12% | -15.2% | -7.8% | -6.11% | -1.58% | -5.34% |
| Non-operating income, net | 46.3M | -144K | -713K | -318K | 1.9M | 9.6M | 13.6M | 7.5M | -3.1M | 219.5M | -467K | -16K |
| Pretax income | -15.7M | -83.5M | -54.3M | -84.7M | -71.4M | -56.2M | -25.7M | -54.5M | -40.7M | 193.1M | -7.9M | -22.1M |
| Income tax | -516K | -114K | -121K | -247K | -397K | 113K | 99K | 195K | 252K | 4.6M | 152K | -3.2M |
| Net income | -152.1M | -83.6M | -50M | -83.8M | -70.5M | -56.6M | -25.7M | -52.8M | -40.9M | 188.5M | -8M | -18.9M |
| Net margin | -47.5% | -25.8% | -16% | -26.1% | -17.2% | -14.1% | -6.58% | -13.7% | -9.23% | 45.3% | -2.11% | -5% |
| EBITDA | -51.5M | -70M | -40.6M | -70.6M | -48.8M | -50.3M | -21.8M | -46.3M | -21M | -11M | 8.1M | -5.7M |
| EPS | -0.76 | -0.37 | -0.17 | -0.29 | -0.24 | -0.19 | -0.08 | -0.16 | -0.11 | 6.6 | -0.24 | -0.72 |
| Diluted EPS | -0.76 | -0.37 | -0.17 | -0.29 | -0.24 | -0.19 | -0.08 | -0.16 | -0.11 | 6.6 | -0.24 | -0.72 |
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 | FY15 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market cap | — | — | — | — | — | — | — | — | — | — | 285.4M |
| Enterprise value | — | — | — | — | — | — | — | — | — | — | 2.3B |
| Shares outstanding | 312 | 1.1K | 1.5M | 4.5M | 22.3M | 44.5M | 137.5M | 182.5M | 276.3M | 319.7M | 319.7M |
| Metric | FY15 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | — | — | — | — | 2.51 |
| P/S | — | — | — | — | — | — | — | — | — | — | 0.05 |
| P/B | — | — | — | — | — | — | — | — | — | — | 0.35 |
| EV/EBITDA | — | — | — | — | — | — | — | — | — | — | -16.4 |
| EV/Sales | — | — | — | — | — | — | — | — | — | — | 0.4 |
| Earnings yield | — | — | — | — | — | — | — | — | — | — | 39.8% |
| FCF yield | — | — | — | — | — | — | — | — | — | — | -38.3% |
| PEG | — | — | — | — | — | — | — | — | — | — | 0.6 |
| Metric | FY15 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross margin | 17.8% | 75% | 80.5% | — | 100% | -7.36% | -1.63% | -4.07% | 6.3% | 12.6% | 7.28% |
| Operating margin | -282.9% | -3.8K% | -2.8K% | — | -709.1% | -106.1% | -51.4% | -40.8% | -21.1% | -11.8% | -1.8% |
| Net margin | -789.3% | -41.9K% | 25.5K% | — | -892.7% | -275.3% | -60% | -55.7% | -21% | -10.9% | -0.96% |
| ROE | 141.6% | 69.7% | -338% | -5.63% | -17.1% | -96.2% | -57.1% | -139.3% | -101.4% | -97.4% | -5.05% |
| ROA | -2.4K% | -8.8K% | 12.2K% | -4.58% | -10.4% | -69.7% | -28% | -44% | -23.4% | -16.3% | -2.26% |
| ROIC | — | 6.56% | 170% | -6.29% | -11.3% | -44.3% | -49.7% | -80.9% | -60.1% | -48.3% | -2.71% |
| Return on tangible assets | -2.4K% | -8.8K% | 13.1K% | 4.58% | 11.9% | 113% | 138.5% | 185.5% | 87.3% | 41.8% | 3.44% |
| Metric | FY15 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current ratio | 0.01 | 0.01 | 0.02 | 0 | 0.27 | 0.69 | 1.27 | 1 | 0.75 | 0.53 | 1 |
| Quick ratio | 0.01 | 0.01 | 0.02 | 0 | 0.27 | 0.69 | 1.27 | 1 | 0.75 | 0.53 | 1 |
| Debt / equity | -0.14 | -0.03 | -0.81 | 0.02 | 0.24 | 0.05 | 0.54 | 1.1 | 1.56 | 2.09 | 0.15 |
| Debt / assets | 2.46 | 4.21 | 29.1 | 0.02 | 0.14 | 0.04 | 0.26 | 0.35 | 0.36 | 0.35 | 0.1 |
| Net debt / EBITDA | -0.22 | -0.44 | -2.5 | -0.77 | -5.2 | 0.55 | 0.04 | -0.29 | -0.83 | -1.56 | 3.41 |
| Interest coverage | -21.4 | -58.9 | 12.5 | -4.74 | -20 | -31.7 | -11.5 | -24.6 | -17.1 | -7.49 | -4.97 |
| Effective tax rate | — | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Metric | FY15 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue per share | 3.1K | 21.2 | 0.03 | 0 | 0.19 | 4.89 | 4.64 | 5.53 | 4.95 | 5.08 | 193.7 |
| EPS (basic) | -24.3K | -8.9K | 7.12 | -2.37 | -1.57 | -12.8 | -2.78 | -3.08 | -1.04 | -0.54 | -0.54 |
| EPS (diluted) | -24.3K | -8.9K | 0.74 | -2.37 | -1.57 | -12.8 | -2.78 | -3.08 | -1.04 | -0.54 | 3.84 |
| Book value per share | -17.2K | -12.8K | -2.11 | 51.9 | 10 | 14 | 4.88 | 2.21 | 1.03 | 0.57 | 27.6 |
| FCF per share | -2.9K | -533.6 | -0.42 | -0.7 | 0.06 | -3.35 | -1.48 | -1.77 | -0.72 | -0.3 | -13.3 |
| Cash per share | 153.8 | 68.1 | 0.05 | 0.01 | 0.34 | 3.03 | 2.7 | 1.85 | 0.89 | 0.51 | 7.62 |
| Capex per share | 0 | — | 0 | 0 | 0.01 | 0 | 0.02 | 0.01 | 0 | 0.01 | 0.33 |
| Metric | FY15 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Capex / revenue | 0% | — | 14.6% | — | 4.1% | 0.08% | 0.53% | 0.11% | 0.08% | 0.17% | 0.22% |
| Capex / operating cash flow | 0% | — | 0.05% | 0% | -2.22% | -0.03% | -1.5% | -0.37% | -0.5% | -3.15% | -2.58% |
| Payout ratio | — | — | — | — | — | — | — | — | — | 0% | 0% |
| — |
| FY20 | — | -$12.8 | — | — | $217.7M | — |
| FY19 | — | -$1.57 | — | — | $4.3M | — |
| FY18 | — | -$2.37 | — | — | $0 | — |
| FY17 | — | $7.12 | — | — | $41K | — |
| FY16 | — | -$8.9K | — | — | $24K | — |
| FY15 | — | -$24.3K | — | — | $964K | — |
| Period | Q4 22 | Q1 23 | Q2 23 | Q3 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $320M | $324.4M | $312.7M | $320.9M | $410.2M | $402.3M | $391M | $386.2M | $443.3M | $416.3M | $380M | $377.2M |
| YoY change | +38.5% | +33.9% | +40.8% | +42.6% | +28.2% | +24% | +25% | +20.3% | +8.07% | +3.46% | -2.81% | -2.33% |
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 | FY15 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 48K | 77K | 77K | 31K | 7.6M | 134.9M | 371M | 337.1M | 245.3M | 161.4M |
| Receivables | 0 | 10K | 0 | 0 | 8.9M | 17.5M | 34.3M | 44M | 80.3M | 71.1M |
| Inventory | — | — | — | 0 | 49K | — | — | — | — | — |
| Total current assets | 61K | 115K | 77K | 31K | 18M | 156.7M | 428.5M | 436.9M | 386.8M | 274M |
| Property, plant & equipment | -10K | -12K | 6K | 28K | 3.9M | 6.4M | 39.8M | 40.9M | 40.7M | 37.9M |
| Goodwill & intangibles | — | 0 | 6K | 572.1M | 688.8M | 1.4B | 1.6B | 1.6B | 1.6B | 1.5B |
| Total assets | 313K | 115K | 86K | 286.1M | 368.2M | 859.3M | 1.4B | 1.3B | 1.2B | 1.1B |
| Accounts payable | 22K | 49K | 0 | 0 | 36.4M | 31.2M | 55.8M | 67M | 74.3M | 67.8M |
| Short-term debt | 769K | 484K | 2.5M | 5.3M | 6.6M | 29.6M | 12.6M | 9.4M | 13.2M | 13.1M |
| Total current liabilities | 5.7M | 14.6M | 3.2M | 18.6M | 67.4M | 227.3M | 337.3M | 438.8M | 517.3M | 515.3M |
| Long-term debt | — | — | — | 0 | 46.7M | 3.9M | 348M | 433.4M | 429.8M | 365.3M |
| Total liabilities | 5.7M | 14.6M | 3.2M | 53.6M | 145M | 236.4M | 698.9M | 874.4M | 948.8M | 896.6M |
| Shareholders' equity | -5.4M | -14.4M | -3.1M | 232.6M | 223.2M | 622.9M | 670.9M | 403.3M | 283.8M | 180.8M |
| Total debt | 769K | 484K | 2.5M | 5.3M | 53.3M | 33.5M | 360.6M | 442.8M | 443M | 378.4M |
| Net debt | 721K | 407K | 2.4M | 5.3M | 45.7M | -101.4M | -10.3M | 105.7M | 197.7M | 217M |
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 22 | Q1 23 | Q2 23 | Q3 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 337.1M | 358.7M | 293.5M | 259.9M | 245.3M | 168.9M | 155.2M | 146.2M | 161.4M | 321.6M | 283.6M | 274.1M |
| Receivables | 44M | 41.3M | 48.9M | 62.1M | 80.3M | 73.6M | 71.8M | 76.9M | 71.1M | 57.5M | 61.3M | 83.4M |
| Inventory | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 436.9M | 459.8M | 397.1M | 381.1M | 386.8M | 308.3M | 281M | 278.9M | 274M | 414.1M | 386.6M | 401.8M |
| Property, plant & equipment | 40.9M | 40.5M | 42.6M | 41.6M | 40.7M | 39.4M | 39.6M | 38.6M | 37.9M | 37M | 36.1M | 34.6M |
| Goodwill & intangibles | 1.6B | 1.6B | 1.6B | 1.6B | 1.6B | 1.5B | 1.5B | 1.5B | 1.5B | 1.5B | 1.5B | 1.5B |
| Total assets | 1.3B | 1.3B | 1.2B | 1.2B | 1.2B | 1.1B | 1.1B | 1.1B | 1.1B | 1.2B | 1.2B | 1.2B |
| Accounts payable | 67M | 62.1M | 49.2M | 60.5M | 74.3M | 52.6M | 37.9M | 60.5M | 67.8M | 51M | 43.6M | 40.7M |
| Short-term debt | 9.4M | 10.2M | 11.6M | 12.8M | 13.2M | 13.3M | 13.4M | 13.4M | 13.1M | 156.6M | 156.5M | 156.4M |
| Total current liabilities | 438.8M | 423.8M | 391.2M | 451.3M | 517.3M | 489.5M | 465M | 511.7M | 515.3M | 588.5M | 559M | 578.7M |
| Long-term debt | 433.4M | 433.3M | 435M | 435.4M | 429.8M | 416.4M | 388M | 366.7M | 365.3M | 220.2M | 218.8M | 217.2M |
| Total liabilities | 874.4M | 860.2M | 830.1M | 887M | 948.8M | 907.5M | 854.6M | 880.1M | 896.6M | 826.5M | 792M | 808.1M |
| Shareholders' equity | 403.3M | 437.8M | 410.1M | 333.4M | 283.8M | 236.1M | 254.2M | 222.2M | 180.8M | 389M | 400.4M | 390.7M |
| Total debt | 442.8M | 443.5M | 446.6M | 448.2M | 443M | 429.7M | 401.4M | 380.2M | 378.4M | 376.8M | 375.3M | 373.6M |
| Net debt | 105.7M | 84.8M | 153M | 188.2M | 197.7M | 260.8M | 246.2M | 234M | 217M | 55.1M | 91.7M | 99.5M |
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 | FY15 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net income | -7.6M | -10.1M | 10.5M | -13.1M | -38.1M | -599.4M | -351.8M | -425M | -293.1M | -177.8M |
| Depreciation & amortization | 1K | 2K | 0 | 8.2M | 21M | 44.7M | 38.6M | 39.8M | 39.6M | 42.5M |
| Stock-based compensation | 1.9M | 319K | — | 0 | 1.1M | 50.7M | 53.1M | 52.5M | 51.2M | 42.5M |
| Change in working capital | -128K | 183K | 74K | 527K | 13M | -43.8M | 19.6M | 24.5M | -7.6M | 6.4M |
| Operating cash flow | -5M | -9.4M | 11.7M | -1.1M | -7.9M | -545.7M | -227.6M | -306.3M | -207.6M | -86.6M |
| Capital expenditure | 0 | — | -6K | 0 | -175K | -166K | -3.4M | -1.1M | -1M | -2.7M |
| Investing cash flow | -250K | 180K | -6K | 0 | 1.4M | -1.4M | -66.1M | -1.1M | -4.5M | -2.7M |
| Dividends paid | — | — | — | — | — | — | — | — | — | 0 |
| Share repurchases | — | — | — | 0 | -337K | -883K | 0 | 0 | — | — |
| Financing cash flow | 1.1M | 452K | 1.1M | 3.1M | 4.4M | 238.9M | 505.2M | 290.4M | 111M | 16.3M |
| Net change in cash | -4.2M | -8.8M | 12.8M | 2M | -2.1M | -308.2M | 211.5M | -17M | -101.2M | -73M |
| Free cash flow | -915K | -603K | -618K | -3.2M | 1.3M | -149.2M | -203.4M | -322.7M | -199.6M | -95.3M |
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 | Q4 22 | Q1 23 | Q2 23 | Q3 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income | -15.2M | -83.4M | -54.2M | — | — | — | — | — | — | — | — | -18.9M |
| Depreciation & amortization | 5.4M | 9.5M | 9.6M | — | — | — | — | — | — | — | — | 11.6M |
| Stock-based compensation | 5.2M | 13.7M | 13.1M | — | — | — | — | — | — | — | — | 9.1M |
| Change in working capital | 736K | -1.1M | -29.7M | — | — | — | — | — | — | — | — | -4.7M |
| Operating cash flow | -4.2M | -60.6M | -60.6M | — | — | — | — | — | — | — | — | -6.5M |
| Capital expenditure | 16K | -102K | -165K | — | — | — | — | — | — | — | — | -2.9M |
| Investing cash flow | 16K | -102K | -165K | — | — | — | — | — | — | — | — | -2.9M |
| Dividends paid | — | 0 | 0 | — | — | — | — | — | — | — | — | 0 |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | 63M | 103.8M | 10.7M | -9K | -3.4M | -107K | -14.8M | -12.1M | 35K | -216K | -136K | -117K |
| Net change in cash | 58.8M | 43M | -50.1M | -9K | -3.4M | -107K | -14.8M | -12.1M | 35K | -216K | -136K | -9.5M |
| Free cash flow | -20.9M | -82.1M | -75.9M | — | — | — | — | — | — | — | — | -9.4M |