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 | — | $0.38 | — | — | $131.9M | — |
| FY24 | — | $0.48 | — | — | $123.6M | — |
| FY23 | — | $0.04 | — | — | $36.7M | — |
| FY22 | — | -$0.06 | — | — | $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 | $36.7M | $123.6M | $131.9M |
| YoY change | — | +InfinityT% | +236.4% | +6.73% |
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 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 |
|---|
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 | 36.7M | 123.6M | 131.9M |
| Cost of revenue | 0 | 18.3M | 51.9M | 58.8M |
| Gross profit | 0 | 18.5M | 71.7M | 73.1M |
| Gross margin | — | 50.3% | 58% | 55.4% |
| Research & development | — | — | — | — |
| Selling, general & administrative | 2M | 3.8M | 5M | 4.9M |
| Operating expenses | 2M | 3.8M | 5M | 4.9M |
| Operating income | -2M | 14.6M | 66.6M | 68.2M |
| Operating margin | — | 39.8% | 53.9% | 51.7% |
| Non-operating income, net | — | — | -11K | — |
| Pretax income | -2M | 1.5M | 21.1M | 17.7M |
| Income tax | 0 | 0 | 11K | 0 |
| Net income | -2M | 1.5M | 21M | 17.7M |
| Net margin | — | 4.12% | 17% | 13.4% |
| EBITDA | -2M | 24.2M | 94.2M | 98.3M |
| EPS | -0.06 | 0.04 | 0.48 | 0.38 |
| Diluted EPS | -0.06 | 0.04 | 0.48 | 0.38 |
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 | 10.2M | 18.3M | 23.6M | 31.2M | 39.2M | 29.6M | 22M | 29.9M | 37.9M | 42.1M | 33.6M | 53.7M |
| Cost of revenue | 6.3M | 7.4M | 10.7M | 12.4M | 14.2M | 14.6M | 14.4M | 14.8M | 14.8M | 14.9M | 15.2M | 15.1M |
| Gross profit | 3.9M | 10.9M | 12.9M | 18.8M | 25M | 15M | 7.6M | 15.1M | 23.1M | 27.2M | 18.4M | 38.6M |
| Gross margin | 38.3% | 59.6% | 54.7% | 60.2% | 63.7% | 50.7% | 34.6% | 50.5% | 60.9% | 64.6% | 54.8% | 71.9% |
| Research & development | — | — | — | — | — | — | — | — | — | — | — | — |
| Selling, general & administrative | 955K | 1.1M | 1.5M | 1.3M | 1.3M | 1M | 1.1M | 1.5M | 1.1M | 1.2M | 1.2M | 1.9M |
| Operating expenses | 955K | 1.1M | 1.5M | 1.3M | 1.3M | 1M | 1.1M | 1.5M | 1.1M | 1.2M | 1.2M | 1.9M |
| Operating income | 3M | 9.8M | 11.4M | 17.5M | 23.7M | 14M | 6.5M | 13.6M | 22M | 26M | 17.2M | 36.7M |
| Operating margin | 29% | 53.7% | 48.4% | 56.1% | 60.4% | 47.3% | 29.6% | 45.5% | 58% | 61.8% | 51.2% | 68.3% |
| Non-operating income, net | — | — | — | — | -1K | -10K | 4K | — | — | — | — | — |
| Pretax income | -2M | 4.6M | 2.5M | 6.9M | 10.7M | 1M | -6.4M | 1.1M | 9.5M | 13.5M | 5M | 24.6M |
| Income tax | 0 | 0 | 0 | 0 | 4K | 7K | 0 | 0 | 0 | 0 | 0 | 0 |
| Net income | -2M | 4.6M | 2.5M | 6.9M | 10.7M | 1M | -6.4M | 1.1M | 9.5M | 13.5M | 5M | 24.6M |
| Net margin | -19.1% | 25.1% | 10.6% | 22% | 27.2% | 3.45% | -29% | 3.68% | 25.1% | 32.1% | 14.9% | 45.8% |
| EBITDA | 6.3M | 13.9M | 17.1M | 24.4M | 31.2M | 21.5M | 14M | 21.2M | 29.6M | 33.5M | 17.4M | 44.3M |
| EPS | -0.05 | 0.11 | 0.06 | 0.16 | 0.24 | 0.02 | -0.14 | 0.02 | 0.21 | 0.29 | 0.11 | 0.52 |
| Diluted EPS | -0.05 | 0.11 | 0.06 | 0.16 | 0.24 | 0.02 | -0.14 | 0.02 | 0.21 | 0.29 | 0.11 | 0.52 |
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 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|
| Market cap | — | — | — | — | 418.4M | 817.5M |
| Enterprise value | — | — | — | — | 1.1B | 1.5B |
| Shares outstanding | — | 32.2M | 38.6M | 43.9M | 46M | 46M |
| Metric | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|
| P/E | — | — | — | — | 23.6 | 15.5 |
| P/S | — | — | — | — | 3.17 | 4.95 |
| P/B | — | — | — | — | 2.59 | 5.08 |
| EV/EBITDA | — | — | — | — | 10.9 | 11.2 |
| EV/Sales | — | — | — | — | 8.15 | 8.79 |
| Earnings yield | — | — | — | — | 4.23% | 6.44% |
| FCF yield | — | — | — | — | 12.4% | 7.98% |
| PEG | — | — | — | — | — | 0.01 |
| Metric | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|
| Gross margin | — | — | 50.3% | 58% | 55.4% | 71.9% |
| Operating margin | — | — | 39.8% | 53.9% | 51.7% | 68.3% |
| Net margin | — | — | 4.12% | 17% | 13.4% | 31.4% |
| ROE | — | -2.16% | 0.98% | 13.6% | 10.9% | 32.6% |
| ROA | — | -1.1% | 0.25% | 2.39% | 2.05% | 7.38% |
| ROIC | — | -1.25% | 2.57% | 7.84% | 8.33% | 12.6% |
| Return on tangible assets | — | -1.1% | 0.25% | 2.39% | 2.05% | 6.17% |
| Metric | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|
| Current ratio | — | 0.06 | 1.3 | 0.75 | 1.08 | 1.19 |
| Quick ratio | — | 0.06 | 1.27 | 0.71 | 1.04 | 1.13 |
| Debt / equity | — | 0.75 | 2.85 | 4.61 | 4.26 | 4.15 |
| Debt / assets | — | 0.38 | 0.73 | 0.81 | 0.8 | 0.79 |
| Net debt / EBITDA | — | -34.4 | 17.1 | 7.38 | 6.68 | 5.15 |
| Interest coverage | — | — | 1.11 | 1.45 | 1.34 | 2.05 |
| Effective tax rate | — | 0% | 0% | 0.05% | 0% | 0% |
| Metric | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|
| Revenue per share | — | 0 | 0.95 | 2.82 | 2.87 | 3.58 |
| EPS (basic) | — | -0.06 | 0.04 | 0.48 | 0.38 | 0.38 |
| EPS (diluted) | — | -0.06 | 0.04 | 0.48 | 0.38 | 1.13 |
| Book value per share | — | 2.81 | 3.99 | 3.52 | 3.52 | 3.45 |
| FCF per share | — | -2.48 | -10.5 | -5.86 | 1.12 | 1.85 |
| Cash per share | — | 0.01 | 0.66 | 0.44 | 0.7 | 0.74 |
| Capex per share | — | 2.43 | 10.7 | 7.13 | — | — |
| Metric | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|
| Capex / revenue | — | — | 1.1K% | 253.3% | — | — |
| Capex / operating cash flow | — | -5.6K% | 7.6K% | 607% | — | — |
| Payout ratio | — | — | — | 98% | 152% | 100.9% |
| Dividend yield | — | — | — | — | 6.43% | 17.3% |
Split-adjusted payout per share by ex-dividend date.
| Ex-dividend | Amount |
|---|---|
| Sep 17, 2026 | $0.25 |
| Aug 20, 2026 | $0.22 |
| Jul 17, 2026 | $0.22 |
| Jun 22, 2026 | $0.22 |
| May 18, 2026 | $0.15 |
| Apr 17, 2026 | $0.06 |
| Mar 16, 2026 | $0.06 |
| Feb 19, 2026 | $0.06 |
| Revenue | $10.2M | $18.3M | $23.6M | $31.2M | $39.2M | $29.6M | $22M | $29.9M | $37.9M | $42.1M | $33.6M | $53.7M |
| YoY change | +InfinityT% | +InfinityT% | +1.5K% | +363.5% | +282.8% | +61.6% | -6.82% | -4.17% | -3.31% | +42.2% | +52.9% | +79.6% |
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 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Cash & short-term investments | 11.3M | 263K | 25.6M | 19.4M | 32.4M |
| Receivables | — | 0 | 811K | 1.2M | 700K |
| Inventory | — | 0 | 634K | 1.5M | 1.7M |
| Total current assets | 11.3M | 1.7M | 32.8M | 26.8M | 39.7M |
| Property, plant & equipment | 83.5M | 0 | -9.1M | -35.6M | -64.8M |
| Goodwill & intangibles | — | — | — | — | — |
| Total assets | 95.2M | 177.8M | 599.2M | 880.1M | 863.9M |
| Accounts payable | 800K | 14.9M | 1.7M | 821K | 1.3M |
| Short-term debt | 0 | 7M | 19.8M | 24.3M | 23.6M |
| Total current liabilities | 800K | 26.1M | 25.3M | 35.8M | 36.6M |
| Long-term debt | 0 | 60.4M | 419.7M | 689.6M | 665.6M |
| Total liabilities | 3.3M | 87.5M | 445M | 725.4M | 702.2M |
| Shareholders' equity | 91.9M | 90.3M | 154.2M | 154.7M | 161.7M |
| Total debt | 0 | 67.4M | 439.5M | 713.9M | 689.2M |
| Net debt | -11.3M | 67.2M | 413.9M | 694.5M | 656.8M |
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 | 12.8M | 25.6M | 25.7M | 21.9M | 21.5M | 19.4M | 27M | 24.7M | 26.4M | 32.4M | 24.5M | 34.8M |
| Receivables | 420K | 811K | 1.3M | 1M | 1.3M | 1.2M | 710K | 400K | 500K | 700K | 1M | 1.2M |
| Inventory | 705K | 634K | 1M | 1.3M | 1.5M | 1.5M | 1.6M | 1.6M | 1.6M | 1.7M | 1.7M | 1.9M |
| Total current assets | 19.4M | 32.8M | 33.8M | 29.5M | 29.7M | 26.8M | 35.1M | 33.1M | 33.8M | 39.7M | 32.7M | 44.1M |
| Property, plant & equipment | -5.5M | -9.1M | -14.5M | -21M | -28.3M | -35.6M | -42.9M | -50.2M | -57.5M | -64.8M | -72.1M | -79.4M |
| Goodwill & intangibles | — | — | — | — | — | — | — | — | — | — | — | 1M |
| Total assets | 560.4M | 599.2M | 748.6M | 897.3M | 890.3M | 880.1M | 881.1M | 871.9M | 865.3M | 863.9M | 849.6M | 853.8M |
| Accounts payable | 1.3M | 1.7M | 1.3M | 2M | 1.1M | 821K | 1.9M | 2M | 1.5M | 1.3M | 1.8M | 1.8M |
| Short-term debt | 16.7M | 19.8M | 22.4M | 23.5M | 23.9M | 24.3M | 24.4M | 23.7M | 23.8M | 23.6M | 23.7M | 24.1M |
| Total current liabilities | 22.7M | 25.3M | 32.6M | 38M | 34.3M | 35.8M | 35M | 35M | 33.6M | 36.6M | 34.3M | 37.2M |
| Long-term debt | 405.2M | 419.7M | 560.9M | 702M | 695.8M | 689.6M | 683.6M | 677.6M | 671.6M | 665.6M | 659.5M | 653.4M |
| Total liabilities | 427.9M | 445M | 593.5M | 740M | 730.2M | 725.4M | 718.5M | 712.6M | 705.2M | 702.2M | 693.8M | 690.6M |
| Shareholders' equity | 132.6M | 154.2M | 155.1M | 157.2M | 160.2M | 154.7M | 162.5M | 159.3M | 160.1M | 161.7M | 155.8M | 163.2M |
| Total debt | 421.9M | 439.5M | 583.3M | 725.5M | 719.7M | 713.9M | 707.9M | 701.3M | 695.4M | 689.2M | 683.2M | 677.5M |
| Net debt | 409.1M | 413.9M | 557.5M | 703.5M | 698.2M | 694.5M | 680.9M | 676.6M | 669M | 656.8M | 658.7M | 642.7M |
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 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|
| Net income | -2M | 1.5M | 21M | 17.7M |
| Depreciation & amortization | 0 | 9.1M | 26.5M | 29.2M |
| Stock-based compensation | 401K | 474K | 512K | 200K |
| Change in working capital | 166K | -7M | 1.1M | 2.4M |
| Operating cash flow | -1.4M | 5.4M | 51.6M | 51.7M |
| Capital expenditure | -78.2M | -413.1M | -313.1M | — |
| Investing cash flow | -78.2M | -413.1M | -313.4M | 0 |
| Dividends paid | — | — | -20.6M | -26.9M |
| Share repurchases | -513K | — | — | — |
| Financing cash flow | 68.6M | 431.9M | 251.3M | -44.7M |
| Net change in cash | -11M | 24.3M | -10.5M | 7M |
| Free cash flow | -79.6M | -406.6M | -257.2M | 51.7M |
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 | -2M | 4.6M | 2.5M | 6.9M | 10.7M | 1M | -6.4M | 1.1M | 9.5M | 13.5M | 5M | 24.6M |
| Depreciation & amortization | 3.2M | 3.6M | 5.4M | 6.5M | 7.3M | 7.3M | 7.3M | 7.3M | 7.3M | 7.3M | 7.3M | 7.3M |
| Stock-based compensation | 111K | 110K | 126K | 144K | 139K | 103K | 43K | 100K | 100K | 0 | 100K | 0 |
| Change in working capital | -1.1M | -2.7M | -971K | 2.2M | -2M | 1.8M | -995K | 1.3M | 0 | -100K | -3M | 2.2M |
| Operating cash flow | 545K | 6M | 7.6M | 16.3M | 16.8M | 10.9M | 630K | 8.3M | 18.3M | 24.7M | 9.8M | 34.2M |
| Capital expenditure | -127.6M | -28.9M | -153.8M | -159.4M | 167K | 0 | 0 | — | — | — | — | — |
| Investing cash flow | -127.6M | -28.9M | -153.8M | -159.4M | -138K | 0 | 0 | — | 0 | 0 | — | — |
| Dividends paid | 0 | — | -439K | -4.4M | -9.7M | -6.1M | -878K | -3.2M | -10.2M | -12.5M | -11.7M | -20.2M |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | 114.5M | 33.3M | 142.8M | 138M | -16.8M | -12.6M | 7.3M | -10.6M | -16.6M | -24.7M | -17.7M | -23.9M |
| Net change in cash | -12.5M | 10.3M | -3.4M | -5.1M | -156K | -1.8M | 7.9M | -2.3M | 1.7M | 0 | -7.9M | 10.3M |
| Free cash flow | -126M | -20.5M | -142.6M | -141.8M | 16.5M | 10.5M | 306K | 8.3M | 18.3M | 24.7M | 9.8M | 34.2M |