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 | -$0.06 | -$0.02 | +66.7% | — | $36.6M | — |
| Q1 26 | -$0.09 | -$0.04 | +55.6% | — | $36.2M | — |
| Q2 25 | -$0.1 | -$0.09 | +10.0% | — | $44M | — |
| Q1 25 | -$0.03 | -$0.05 | -66.7% | — | $43.5M | — |
| Q4 24 | -$0.15 | -$0.21 | -40.0% | — | $49.5M | — |
| Q3 24 | -$0.15 | -$0.22 | -46.7% | — | $48.3M | — |
| Q2 24 | -$0.15 | -$0.22 | -46.7% | — | $52.1M | — |
| Q1 24 | -$0.16 | -$0.18 | -12.5% | — | $53.5M | — |
| Q4 23 | -$0.23 | -$0.22 | +4.3% | — | $59.9M | — |
| Q3 23 | -$0.15 | -$0.31 | -106.7% | — | $61.8M | — |
| Q2 23 | -$0.31 | -$0.32 | -3.2% | — | $66.1M | — |
| Q1 23 | -$0.08 | -$0.08 | 0.0% | — | $71.6M | — |
| Q4 22 | -$0.09 | -$0.05 | +44.4% | — | $74M | — |
| Q3 22 | — | $0.05 | — | — | $77.7M | — |
| Q2 22 | — | -$1.06 | — | — | $79.3M | — |
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 | — | -$0.34 | — | — | $173.7M | — |
| FY24 | — | -$0.76 | — | — | $203.4M | — |
| FY23 | — | -$1.28 | — | — | $259.3M | — |
| FY22 | — | -$4.85 | — | — | $321.5M | — |
| 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 | $233.1M | $364.3M | $383.7M | $321.5M | $259.3M | $203.4M | $173.7M |
| YoY change | — | +56.3% | +5.33% | -16.2% | -19.4% | -21.5% | -14.6% |
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 | 233.1M | 364.3M | 383.7M | 321.5M | 259.3M | 203.4M | 173.7M |
| Cost of revenue | 149.7M | 188.3M | 195.2M | 166.9M | 121.9M | 94.1M | 80.4M |
| Gross profit | 83.4M | 176M | 188.5M | 154.7M | 137.4M | 109.3M | 93.3M |
| Gross margin | 35.8% | 48.3% | 49.1% | 48.1% | 53% | 53.8% | 53.7% |
| Research & development | 13.6M | 18.7M | 23.4M | 22.5M | 16.4M | 18.5M | 7.5M |
| Selling, general & administrative | 233M | 223.8M | 294M | 273.1M | 156.2M | 113.4M | 97.1M |
| Operating expenses | 246.6M | 242.5M | 317.4M | 295.6M | 172.6M | 131.9M | 104.6M |
| Operating income | -163.2M | -66.5M | -128.9M | -141M | -35.3M | -22.5M | -11.3M |
| Operating margin | -70% | -18.3% | -33.6% | -43.8% | -13.6% | -11.1% | -6.51% |
| Non-operating income, net | 3.8M | -119K | -1.8M | 63M | 8.1M | 7.9M | 859K |
| Pretax income | -161.5M | -72.2M | -135.8M | -87.7M | -43.2M | -27.4M | -11.7M |
| Income tax | 12K | 41K | 52K | 54K | 38K | 40K | 33K |
| Net income | -161.5M | -72.3M | -135.9M | -87.7M | -43.2M | -27.4M | -11.7M |
| Net margin | -69.3% | -19.8% | -35.4% | -27.3% | -16.7% | -13.5% | -6.74% |
| EBITDA | -157M | -62.5M | -124.6M | -139.1M | -21.5M | -9.7M | -9.2M |
| EPS | -5.01 | -2.22 | -4.17 | -4.85 | -1.28 | -0.76 | -0.34 |
| Diluted EPS | -5.01 | -2.22 | -4.17 | -4.85 | -1.28 | -0.76 | -0.34 |
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 | 61.8M | 59.9M | 53.5M | 52.1M | 48.3M | 49.5M | 43.5M | 44M | 43.7M | 42.4M | 36.2M | 36.6M |
| Cost of revenue | 28.5M | 27.3M | 23.8M | 24M | 22.7M | 23.6M | 20.5M | 19.6M | 20.4M | 19.9M | 16.4M | 17M |
| Gross profit | 33.2M | 32.6M | 29.7M | 28.1M | 25.6M | 25.9M | 23.1M | 24.4M | 23.3M | 22.5M | 19.9M | 19.6M |
| Gross margin | 53.8% | 54.4% | 55.5% | 53.9% | 53% | 52.4% | 53% | 55.4% | 53.3% | 53% | 54.8% | 53.6% |
| Research & development | 3.6M | 4.6M | 3.6M | 5.4M | 4.8M | 4.6M | 1.8M | 2.2M | 1.6M | 1.9M | 1.4M | 1.5M |
| Selling, general & administrative | 33.8M | 36M | 26.6M | 29.6M | 27.5M | 29.7M | 24.8M | 25.7M | 24.4M | 22.2M | 19.3M | 18.9M |
| Operating expenses | 37.3M | 40.5M | 30.3M | 35M | 32.3M | 34.3M | 26.6M | 27.9M | 26.1M | 24.1M | 20.8M | 20.4M |
| Operating income | -4.1M | -7.9M | -533K | -6.9M | -6.7M | -8.3M | -3.5M | -3.5M | -2.7M | -1.6M | -901K | -783K |
| Operating margin | -6.65% | -13.3% | -1% | -13.3% | -14% | -16.8% | -8.06% | -7.93% | -6.24% | -3.74% | -2.49% | -2.14% |
| Non-operating income, net | -1.6M | 2.6M | 1.3M | 1M | 8.4M | -2.7M | 316K | 179K | 69K | 295K | 174K | 143K |
| Pretax income | -9.8M | -9.5M | -3.4M | -10.1M | -1.3M | -12.6M | -3.5M | -3.6M | -3M | -1.6M | -1M | -912K |
| Income tax | 7K | 10K | 10K | 10K | 11K | 9K | 9K | 10K | 6K | 8K | 8K | 8K |
| Net income | -9.8M | -9.5M | -3.4M | -10.1M | -1.3M | -12.6M | -3.5M | -3.6M | -3M | -1.6M | -1M | -920K |
| Net margin | -15.9% | -15.8% | -6.33% | -19.3% | -2.77% | -25.5% | -8.15% | -8.24% | -6.77% | -3.73% | -2.79% | -2.52% |
| EBITDA | -1.5M | -4.4M | 2.8M | -3.5M | -3.4M | -5.5M | -3M | -2.9M | -2.2M | -1.1M | -435K | -313K |
| EPS | -0.31 | -0.27 | -0.1 | -0.28 | -0.04 | -0.34 | -0.1 | -0.1 | -0.08 | -0.05 | -0.03 | -0.03 |
| Diluted EPS | -0.31 | -0.27 | -0.1 | -0.28 | -0.04 | -0.34 | -0.1 | -0.1 | -0.08 | -0.05 | -0.03 | -0.03 |
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 | — | — | 1.6B | — | — | 51.5M | 43M | 45.7M |
| Enterprise value | — | — | 1.6B | — | — | 53.9M | 54.9M | 80.8M |
| Shares outstanding | 32.6M | 32.6M | 32.6M | 18.1M | 34.8M | 37M | 39M | 39M |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | — | 0.14 |
| P/S | — | — | 4.19 | — | — | 0.25 | 0.25 | 0.28 |
| P/B | — | — | 50.8 | — | — | 3.17 | 5.53 | 5.99 |
| EV/EBITDA | — | — | -13 | — | — | -5.58 | -5.98 | -16.5 |
| EV/Sales | — | — | 4.22 | — | — | 0.27 | 0.32 | 0.51 |
| Earnings yield | — | — | — | — | — | — | — | 728.5% |
| FCF yield | — | — | -8.27% | — | — | -22.3% | -18.9% | 1.6% |
| PEG | — | — | — | — | — | — | — | -0 |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Gross margin | 35.8% | 48.3% | 49.1% | 48.1% | 53% | 53.8% | 53.7% | 53.6% |
| Operating margin | -70% | -18.3% | -33.6% | -43.8% | -13.6% | -11.1% | -6.51% | -2.14% |
| Net margin | -69.3% | -19.8% | -35.4% | -27.3% | -16.7% | -13.5% | -6.74% | -4.07% |
| ROE | — | -48.7% | -429.5% | -330.6% | -238.6% | -169% | -150.7% | -71.9% |
| ROA | — | -26.8% | -74.5% | -50.4% | -28.7% | -42.2% | -22.1% | -6.91% |
| ROIC | — | -221.7% | -294.4% | -531.2% | -165.8% | -120.7% | -57.4% | -33.4% |
| Return on tangible assets | — | -26.8% | -74.5% | -50.4% | -28.7% | -42.2% | -24.2% | -13.3% |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Current ratio | — | 3.61 | 2.04 | 2.47 | 3.54 | 1.66 | 1.25 | 1.26 |
| Quick ratio | — | 2.87 | 1.25 | 1.7 | 2.72 | 0.95 | 0.59 | 0.54 |
| Debt / equity | — | 0.39 | 2.86 | 3.06 | 4.94 | 1.36 | 2.63 | 2.63 |
| Debt / assets | — | 0.22 | 0.5 | 0.47 | 0.59 | 0.34 | 0.39 | 0.38 |
| Net debt / EBITDA | — | 1.89 | -0.1 | -0 | -0.15 | -0.25 | -1.3 | -2.63 |
| Interest coverage | -77.7 | -11.9 | -25.1 | -8.05 | -1.69 | -1.14 | -8.54 | -4.75 |
| Effective tax rate | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Revenue per share | 7.16 | 11.2 | 11.8 | 17.8 | 7.45 | 5.49 | 4.45 | 3.98 |
| EPS (basic) | -5.01 | -2.22 | -4.17 | -4.85 | -1.28 | -0.76 | -0.34 | -0.34 |
| EPS (diluted) | -5.01 | -2.22 | -4.17 | -4.85 | -1.28 | -0.76 | -0.34 | -0.2 |
| Book value per share | — | 4.55 | 0.97 | 1.47 | 0.52 | 0.44 | 0.2 | -0.41 |
| FCF per share | -4.19 | -2.72 | -4.08 | -5.55 | -0.32 | -0.31 | -0.21 | -0.03 |
| Cash per share | — | 5.42 | 2.41 | 4.48 | 2.48 | 0.53 | 0.22 | 0.2 |
| Capex per share | 0.33 | 0.15 | 0.18 | 0.23 | 0.09 | 0.04 | — | — |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Capex / revenue | 4.61% | 1.32% | 1.5% | 1.31% | 1.15% | 0.8% | — | — |
| Capex / operating cash flow | -8.7% | -5.32% | -4.44% | -9.36% | -27.7% | 165.6% | — | — |
| Payout ratio | — | — | — | — | — | — | — | 0% |
| -$4.17 |
| — |
| — |
| $383.7M |
| — |
| FY20 | — | -$2.22 | — | — | $364.3M | — |
| FY19 | — | -$5.01 | — | — | $233.1M | — |
| Q1 24 |
|---|
| Q2 24 |
|---|
| Q3 24 |
|---|
| Q4 24 |
|---|
| Q1 25 |
|---|
| Q2 25 |
|---|
| Q3 25 |
|---|
| Q4 25 |
|---|
| Q1 26 |
|---|
| Q2 26 |
|---|
| Revenue | $61.8M | $59.9M | $53.5M | $52.1M | $48.3M | $49.5M | $43.5M | $44M | $43.7M | $42.4M | $36.2M | $36.6M |
| YoY change | -20.6% | -19.2% | -25.2% | -21.2% | -21.8% | -17.3% | -18.7% | -15.5% | -9.42% | -14.3% | -16.8% | -16.9% |
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 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|
| Cash & short-term investments | 176.5M | 78.4M | 81.1M | 86.4M | 19.6M | 8.5M |
| Receivables | — | — | — | — | — | 3.1M |
| Inventory | 46.6M | 54.5M | 44.1M | 28.8M | 19.4M | 18.4M |
| Total current assets | 227.9M | 140.9M | 142M | 124.2M | 44.9M | 34.7M |
| Property, plant & equipment | 39.3M | 37.1M | 26.9M | 21.2M | 16.2M | 13.2M |
| Goodwill & intangibles | — | — | — | — | — | 4.6M |
| Total assets | 269.7M | 182.5M | 174M | 150.7M | 65M | 53.1M |
| Accounts payable | 23.8M | 21.3M | 10.7M | 8.1M | 6.8M | 8.8M |
| Short-term debt | 4.9M | 14.3M | 4.3M | 3.5M | 1.6M | 3.7M |
| Total current liabilities | 63.1M | 69.2M | 57.5M | 35M | 27.1M | 27.7M |
| Long-term debt | 53.4M | 76.2M | 76.8M | 86.1M | 20.4M | 16.8M |
| Total liabilities | 121.4M | 150.8M | 147.5M | 132.6M | 48.8M | 45.3M |
| Shareholders' equity | 148.3M | 31.6M | 26.5M | 18.1M | 16.2M | 7.8M |
| Total debt | 58.2M | 90.5M | 81.1M | 89.6M | 22.1M | 20.4M |
| Net debt | -118.3M | 12.1M | 8K | 3.1M | 2.5M | 12M |
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 | 86.1M | 86.4M | 77.8M | 78.8M | 50.8M | 19.6M | 9.6M | 10M | 8.9M | 8.5M | 7.2M | 8.3M |
| Receivables | — | — | — | — | — | — | — | — | — | 3.1M | 514K | — |
| Inventory | 32.7M | 28.8M | 31.5M | 27.8M | 24.5M | 19.4M | 22M | 20.7M | 20M | 18.4M | 21.5M | 19.5M |
| Total current assets | 130.2M | 124.2M | 116M | 113.3M | 81.8M | 44.9M | 38.2M | 36.8M | 34.5M | 34.7M | 33.5M | 33.9M |
| Property, plant & equipment | 25.3M | 21.2M | 19.1M | 15.7M | 19.6M | 16.2M | 15.9M | 15.4M | 14.7M | 13.2M | 12.6M | 12.1M |
| Goodwill & intangibles | — | — | — | — | — | — | 5.3M | 5M | 4.8M | 4.6M | 2.2M | 2.1M |
| Total assets | 161M | 150.7M | 137.9M | 131.8M | 105.2M | 65M | 59.8M | 57.8M | 54.6M | 53.1M | 51.1M | 50.8M |
| Accounts payable | 8.9M | 8.1M | 8.2M | 9.3M | 9.7M | 6.8M | 8.4M | 6.3M | 8.8M | 8.8M | 8.7M | 6.4M |
| Short-term debt | 4.1M | 3.5M | 1.7M | 1.6M | 11.2M | 1.6M | 2M | 3.3M | 3.6M | 3.7M | 3M | 3.2M |
| Total current liabilities | 37.7M | 35M | 28.9M | 29.2M | 39.6M | 27.1M | 25.8M | 27.6M | 27.5M | 27.7M | 26.2M | 26.9M |
| Long-term debt | 86.1M | 86.1M | 80.1M | 80.6M | 35.8M | 20.4M | 19.8M | 18.4M | 17.4M | 16.8M | 16.7M | 15.9M |
| Total liabilities | 136.9M | 132.6M | 120.3M | 121.1M | 78.8M | 48.8M | 46.7M | 47.1M | 46M | 45.3M | 43.7M | 43.5M |
| Shareholders' equity | 24.1M | 18.1M | 17.5M | 10.7M | 26.4M | 16.2M | 13.1M | 10.8M | 8.6M | 7.8M | 7.4M | 7.2M |
| Total debt | 90.2M | 89.6M | 81.8M | 82.1M | 47M | 22.1M | 21.8M | 21.7M | 21.1M | 20.4M | 19.8M | 19.1M |
| Net debt | 4.1M | 3.1M | 4.1M | 3.3M | -3.8M | 2.5M | 12.2M | 11.6M | 12.2M | 12M | 12.6M | 10.7M |
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 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|
| Net income | -161.5M | -72.3M | -135.9M | -87.7M | -43.2M | -27.4M | -11.7M |
| Depreciation & amortization | 2.4M | 4.1M | 5M | 5.7M | 5.8M | 9.8M | 1.7M |
| Stock-based compensation | 12M | 7.8M | 14.6M | 45.7M | 15.5M | 12M | 4.3M |
| Change in working capital | 25.2M | -31.5M | -15.6M | -9.6M | 7.1M | 6.5M | 1.7M |
| Operating cash flow | -123.6M | -90.6M | -130M | -45.1M | -10.8M | 979K | -7M |
| Capital expenditure | -10.7M | -4.8M | -5.8M | -4.2M | -3M | -1.6M | — |
| Investing cash flow | -11.4M | -4.8M | -5.8M | -4.2M | -3M | -1.6M | -2.8M |
| Dividends paid | — | — | — | — | — | — | — |
| Share repurchases | 0 | 0 | -297K | -32K | — | — | — |
| Financing cash flow | 107.3M | 224.9M | 33.5M | 120.1M | 11.4M | -58.2M | -541K |
| Net change in cash | -27.7M | 129.5M | -102.2M | 70.8M | -2.3M | -58.8M | -10.3M |
| Free cash flow | -136.4M | -88.5M | -132.9M | -100.5M | -11M | -11.5M | -8.1M |
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 | 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 | -9.8M | -9.5M | -3.4M | -10.1M | -1.3M | -12.6M | -3.5M | -3.6M | -3M | -1.6M | -1M | -920K |
| Depreciation & amortization | 1.5M | 1.5M | 2.2M | 2.4M | 2.8M | 2.4M | 378K | 488K | 421K | 393K | 391K | 399K |
| Stock-based compensation | 2.1M | 3.6M | 3.1M | 3.4M | 2.8M | 2.7M | 969K | 1.4M | 1.1M | 828K | 806K | 845K |
| Change in working capital | -1.2M | 2.3M | -7.3M | 5.4M | 4.4M | 4M | -1.8M | -135K | 2.6M | 959K | -2.5M | 356K |
| Operating cash flow | -6.5M | -1.1M | -7.6M | 2.1M | 9.3M | -2.9M | -3.8M | 987K | -1M | -29K | -683K | 1.3M |
| Capital expenditure | -844K | -602K | -518K | -388K | -393K | -322K | -541K | — | — | — | — | — |
| Investing cash flow | -844K | -602K | -518K | -388K | -393K | -322K | -3.4M | 0 | 0 | 0 | 0 | 0 |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | -15K | — | — | — | — | — |
| Financing cash flow | 9.9M | -260K | 0 | 0 | -42M | -31.1M | -15K | 0 | -165K | -361K | -192K | -75K |
| Net change in cash | 2.5M | -2M | -8.1M | 1.7M | -33.1M | -34.3M | -7.2M | 987K | -1.2M | -390K | -875K | 1.2M |
| Free cash flow | -4.4M | 507K | -12.9M | 1.2M | 264K | -95K | -7.4M | 556K | -1.2M | -62K | -977K | 1.1M |