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 24 | -$0.15 | -$0.13 | +13.3% | — | $6.4M | — |
| Q1 24 | -$0.14 | -$0.09 | +35.7% | — | $5M | — |
| Q4 23 | -$0.14 | -$0.15 | -7.1% | — | $15.1M | — |
| Q3 23 | -$0.14 | -$0.11 | +21.4% | — | $8.1M | — |
| Q2 23 | -$0.12 | -$0.14 | -16.7% | — | $7M | — |
| Q1 23 | -$0.11 | -$0.1 | +9.1% | — | $7.8M | — |
| Q4 22 | -$0.19 | -$0.11 | +42.1% | — | $9.2M | — |
| Q3 22 | -$0.19 | $0.01 | +105.3% | — | $14.7M | — |
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 | — | -$0.37 | — | — | $25.7M | — |
| FY24 | — | -$0.46 | — | — | $26.6M | — |
| FY23 | — | -$0.54 | — | — | $38M | — |
| FY22 | — | -$0.46 | — | — | $46.8M | — |
| FY21 | — | -$0.42 | — | — | $35.8M |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|
| Revenue | $30.9M | $35.8M | $46.8M | $38M | $26.6M | $25.7M |
| YoY change | — | +16% | +30.8% | -18.8% | -30% | -3.61% |
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 |
|---|
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|
| Revenue | 30.9M | 35.8M | 46.8M | 38M | 26.6M | 25.7M |
| Cost of revenue | 55.8M | 38.4M | 43.9M | 43.8M | 39.4M | 30.1M |
| Gross profit | -25M | -2.6M | 2.9M | -5.8M | -12.8M | -4.4M |
| Gross margin | -80.9% | -7.19% | 6.2% | -15.2% | -48% | -17.3% |
| Research & development | — | — | — | — | — | — |
| Selling, general & administrative | 52.1M | 65.6M | 87.9M | 110.2M | 97.6M | 71.1M |
| Operating expenses | 52.1M | 65.6M | 87.9M | 110.2M | 97.6M | 71.1M |
| Operating income | -77.1M | -68.2M | -85M | -116M | -110.4M | -75.5M |
| Operating margin | -249.7% | -190.4% | -181.4% | -305% | -414.4% | -294% |
| Non-operating income, net | -30K | 302K | 5.3M | -4M | 10.8M | -352K |
| Pretax income | -77.2M | -68.2M | -79M | -109.5M | -93.9M | -74.9M |
| Income tax | 357K | 138K | -33K | 78K | 43K | 189K |
| Net income | -77.6M | -68.3M | -78.9M | -109.5M | -93.9M | -75.1M |
| Net margin | -251.3% | -190.7% | -168.6% | -288.1% | -352.7% | -292.6% |
| EBITDA | -73.1M | -63.1M | -79.1M | -99.6M | -94.6M | -64.2M |
| EPS | -0.48 | -0.42 | -0.46 | -0.54 | -0.46 | -0.37 |
| Diluted EPS | -0.48 | -0.42 | -0.46 | -0.54 | -0.46 | -0.37 |
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 | 8.1M | 15.1M | 5M | 6.4M | 4.4M | 10.8M | 2.7M | 5.9M | 5.7M | 11.4M | 5.1M | 9.1M |
| Cost of revenue | 7.1M | 20.3M | 9.1M | 8.2M | 6M | 16.1M | 4.9M | 5.3M | 8.6M | 11.3M | 5.7M | 9.2M |
| Gross profit | 1.1M | -5.2M | -4.1M | -1.8M | -1.5M | -5.4M | -2.2M | 549K | -2.9M | 87K | -537K | -46K |
| Gross margin | 13.4% | -34.4% | -82.9% | -27.6% | -34.2% | -49.8% | -79% | 9.35% | -50.9% | 0.77% | -10.5% | -0.5% |
| Research & development | — | — | — | — | — | — | — | — | — | — | — | — |
| Selling, general & administrative | 26.4M | 28.6M | 26.3M | 26.4M | 25M | 19.9M | 18.5M | 18.8M | 15.9M | 17.8M | 17.1M | 18M |
| Operating expenses | 26.4M | 28.6M | 26.3M | 26.4M | 25M | 19.9M | 18.5M | 18.8M | 15.9M | 17.8M | 17.1M | 18M |
| Operating income | -25.3M | -33.8M | -30.4M | -28.2M | -26.5M | -25.2M | -20.7M | -18.3M | -18.8M | -17.7M | -17.7M | -18M |
| Operating margin | -311.2% | -223.7% | -611.1% | -436.7% | -596.7% | -234.6% | -753.4% | -311% | -330% | -156.2% | -345.5% | -197.6% |
| Non-operating income, net | 8M | -1.7M | 4.8M | 1.8M | 2.6M | 1.6M | 905K | -905K | -656K | 304K | 383K | 911K |
| Pretax income | -14.6M | -33.1M | -23.6M | -24.8M | -22.7M | -22.8M | -19.3M | -18.8M | -19.3M | -17.5M | -18.1M | -18.1M |
| Income tax | -1K | 15K | -4K | 28K | 2K | 17K | 14K | -10K | 92K | 93K | 25K | 76K |
| Net income | -14.6M | -33.1M | -23.6M | -24.8M | -22.7M | -22.8M | -19.3M | -18.8M | -19.4M | -17.6M | -18.1M | -18.2M |
| Net margin | -179% | -219.3% | -475% | -384.6% | -510.6% | -211.7% | -702.6% | -320.6% | -340.2% | -155.2% | -354.4% | -199.8% |
| EBITDA | -31.9M | -28.4M | -32.9M | -27.2M | -26.4M | -8.1M | -18.5M | -14.8M | -15.8M | -15.1M | -14.7M | -15.1M |
| EPS | -0.07 | -0.16 | -0.12 | -0.12 | -0.11 | -0.11 | -0.09 | -0.09 | -0.1 | -0.09 | -0.09 | -0.09 |
| Diluted EPS | -0.07 | -0.16 | -0.12 | -0.12 | -0.11 | -0.11 | -0.09 | -0.09 | -0.1 | -0.09 | -0.09 | -0.09 |
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 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Market cap | 1.6B | 1.6B | 834.2M | — | 977.4M | 900.5M | 320.4M |
| Enterprise value | 1.6B | 1.6B | 572.2M | — | 913.8M | 893.4M | 332.6M |
| Shares outstanding | 161M | 161M | 172M | 202.5M | 203.2M | 203.7M | 203.7M |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | -4.24 |
| P/S | 52.7 | 44.9 | 17.8 | — | 36.7 | 35.1 | 9.85 |
| P/B | 803.8 | 80.7 | 2.72 | — | 8.49 | 19.6 | 25.9 |
| EV/EBITDA | -22.3 | -25.6 | -7.23 | — | -9.66 | -13.9 | -5.24 |
| EV/Sales | 52.8 | 45.1 | 12.2 | — | 34.3 | 34.8 | 10.6 |
| Earnings yield | — | — | — | — | — | — | -23.6% |
| FCF yield | -3.5% | -5.25% | -12.4% | — | -10.4% | -6.37% | -10.3% |
| PEG | — | — | — | — | — | — | -4.84 |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Gross margin | -80.9% | -7.19% | 6.2% | -15.2% | -48% | -17.3% | -0.5% |
| Operating margin | -249.7% | -190.4% | -181.4% | -305% | -414.4% | -294% | -194.4% |
| Net margin | -251.3% | -190.7% | -168.6% | -288.1% | -352.7% | -292.6% | -234.5% |
| ROE | -3.8K% | -342.7% | -25.7% | -53.2% | -81.6% | -163.2% | -160.2% |
| ROA | -149.9% | -110.2% | -22.4% | -41.2% | -63.5% | -51.3% | -39.4% |
| ROIC | -1.7K% | -256.1% | -189.7% | -290.7% | -214.4% | -193.7% | -198.7% |
| Return on tangible assets | -261.9% | -167.6% | -23.8% | -44.4% | -72.7% | -58.6% | -79.2% |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Current ratio | 0.81 | 1.07 | 8.77 | 4.55 | 3.29 | 4.63 | 4.16 |
| Quick ratio | 0.21 | 0.47 | 7.92 | 3.86 | 2.39 | 3.95 | 3.41 |
| Debt / equity | 2.47 | 0.47 | 0.01 | 0.01 | 0.01 | 1.65 | 6.49 |
| Debt / assets | 0.1 | 0.15 | 0.01 | 0.01 | 0.01 | 0.52 | 0.66 |
| Net debt / EBITDA | -0.04 | -0.11 | 3.31 | 1.67 | 0.67 | 0.11 | -0.4 |
| Interest coverage | -414.1 | -231.6 | -165.3 | — | — | -292.8 | -292.8 |
| Effective tax rate | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Revenue per share | 0.19 | 0.22 | 0.27 | 0.19 | 0.13 | 0.13 | 0.15 |
| EPS (basic) | -0.48 | -0.42 | -0.46 | -0.54 | -0.46 | -0.37 | -0.37 |
| EPS (diluted) | -0.48 | -0.42 | -0.46 | -0.54 | -0.46 | -0.37 | -0.36 |
| Book value per share | 0.01 | 0.12 | 1.78 | 1.02 | 0.57 | 0.23 | 0.06 |
| FCF per share | -0.35 | -0.52 | -0.6 | -0.48 | -0.5 | -0.28 | -0.25 |
| Cash per share | 0.01 | 0.02 | 1.54 | 0.83 | 0.32 | 0.41 | 0.26 |
| Capex per share | — | — | — | — | — | 0.02 | 0.02 |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Capex / revenue | — | — | — | — | — | 14.8% | 10.6% |
| Capex / operating cash flow | — | — | — | — | — | -7.12% | -6.94% |
| Payout ratio | — | — | — | — | — | — | 0% |
| — |
| FY20 | — | -$0.48 | — | — | $30.9M | — |
| Q4 24 |
|---|
| Q1 25 |
|---|
| Q2 25 |
|---|
| Q3 25 |
|---|
| Q4 25 |
|---|
| Q1 26 |
|---|
| Q2 26 |
|---|
| Revenue | $8.1M | $15.1M | $5M | $6.4M | $4.4M | $10.8M | $2.7M | $5.9M | $5.7M | $11.4M | $5.1M | $9.1M |
| YoY change | -44.6% | +63.7% | -35.9% | -8.21% | -45.4% | -28.7% | -44.9% | -8.93% | +28.3% | +5.52% | +86.5% | +55.2% |
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 | 2.4M | 2.7M | 265.2M | 167.9M | 64.4M | 82.8M |
| Receivables | 4.7M | 6.9M | 2.9M | 7.7M | 4.3M | 4M |
| Inventory | 20.8M | 16.8M | 29.2M | 32.1M | 26.9M | 15.3M |
| Total current assets | 28.2M | 29.9M | 301.9M | 210.7M | 98.4M | 104.9M |
| Property, plant & equipment | 12.4M | 21.4M | 34.7M | 39.5M | 34.8M | 28.4M |
| Goodwill & intangibles | 22.1M | 21.2M | 20.3M | 19.3M | 18.8M | 18.3M |
| Total assets | 51.7M | 62M | 351.8M | 266.1M | 148M | 146.4M |
| Accounts payable | 6.4M | 9M | 7.1M | 3.6M | 11.5M | 9M |
| Short-term debt | 1.6M | 1.2M | 1.3M | 1.2M | 394K | 1.3M |
| Total current liabilities | 34.9M | 28M | 34.4M | 46.3M | 29.9M | 22.7M |
| Long-term debt | 3.4M | 8.1M | 1.9M | 792K | 405K | 74.4M |
| Total liabilities | 49.7M | 42M | 45M | 60.3M | 32.8M | 100.4M |
| Shareholders' equity | 2M | 19.9M | 306.8M | 205.9M | 115.1M | 46M |
| Total debt | 5M | 9.4M | 3.2M | 1.9M | 799K | 75.7M |
| Net debt | 2.6M | 6.7M | -262M | -166M | -63.6M | -7.1M |
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 | 199.9M | 167.9M | 141M | 113M | 88.4M | 64.4M | 46.2M | 29.3M | 16.3M | 82.8M | 67.5M | 52.9M |
| Receivables | 4.6M | 7.7M | 2.1M | 2.4M | 2.2M | 4.3M | 3.6M | 4.3M | 3.5M | 4M | 3.1M | 5M |
| Inventory | 32.8M | 32.1M | 35.1M | 34.1M | 33.4M | 26.9M | 28.5M | 27.6M | 22.9M | 15.3M | 14.2M | 13.6M |
| Total current assets | 239.9M | 210.7M | 182.4M | 151.5M | 127.4M | 98.4M | 81.6M | 64.9M | 46.3M | 104.9M | 87.8M | 75.7M |
| Property, plant & equipment | 39.9M | 39.5M | 39.2M | 38M | 35.8M | 34.8M | 32.5M | 31.1M | 29.5M | 28.4M | 27.2M | 26.1M |
| Goodwill & intangibles | 19.6M | 19.3M | 19.2M | 19M | 18.9M | 18.8M | 18.6M | 18.5M | 18.4M | 18.3M | 18.1M | 25.3M |
| Total assets | 295.9M | 266.1M | 237.1M | 204.9M | 178.3M | 148M | 128.3M | 109.8M | 89.2M | 146.4M | 127.6M | 117.9M |
| Accounts payable | 4.4M | 3.6M | 1.8M | 19.8M | 16.4M | 11.5M | 16.9M | 15.5M | 10M | 9M | 10.5M | 6.6M |
| Short-term debt | 1.4M | 1.2M | 914K | 688K | 512K | 394K | 351K | 345K | 542K | 1.3M | 240K | 212K |
| Total current liabilities | 45.4M | 46.3M | 44.1M | 38.8M | 35.9M | 29.9M | 28.6M | 27.2M | 24.1M | 22.7M | 20.5M | 18.2M |
| Long-term debt | 905K | 792K | 677K | 561K | 491K | 405K | 774K | 638K | 335K | 74.4M | 74.5M | 77.1M |
| Total liabilities | 57.4M | 60.3M | 53.3M | 45.9M | 40.6M | 32.8M | 31.1M | 30.1M | 27.4M | 100.4M | 99.3M | 106M |
| Shareholders' equity | 238.5M | 205.9M | 183.8M | 159M | 137.7M | 115.1M | 97.2M | 79.7M | 61.8M | 46M | 28.3M | 11.9M |
| Total debt | 2.3M | 1.9M | 1.6M | 1.2M | 1M | 799K | 1.1M | 983K | 877K | 75.7M | 74.8M | 77.3M |
| Net debt | -197.6M | -166M | -139.4M | -111.8M | -87.4M | -63.6M | -45.1M | -28.3M | -15.4M | -7.1M | 7.3M | 24.4M |
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 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|
| Net income | -77.6M | -68.3M | -78.9M | -109.5M | -93.9M | -75.1M |
| Depreciation & amortization | 3.9M | 4.7M | 4.4M | 5.8M | 10M | 10.1M |
| Stock-based compensation | 188K | 786K | 394K | 8.9M | 4.6M | 4.9M |
| Change in working capital | 15.4M | -15M | -6.1M | 5.9M | -9.5M | 2.8M |
| Operating cash flow | -56.7M | -77.9M | -85.9M | -90.3M | -89.1M | -53.5M |
| Capital expenditure | — | — | — | — | — | -3.8M |
| Investing cash flow | — | — | — | — | — | -3.8M |
| Dividends paid | — | — | — | — | — | — |
| Share repurchases | — | 0 | 0 | -2M | -1.4M | -1M |
| Financing cash flow | 58.3M | 84.8M | 366.3M | -2M | -1.4M | 75.7M |
| Net change in cash | 1.6M | 6.9M | 280.5M | -92.2M | -90.5M | 18.4M |
| Free cash flow | -57M | -84.5M | -103.8M | -96.9M | -101.9M | -57.4M |
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 | — | — | — | — | — | — | — | — | -19.4M | -17.6M | -18.1M | -18.2M |
| Depreciation & amortization | — | — | — | — | — | — | — | — | 2.4M | 2.1M | 2.4M | 2.5M |
| Stock-based compensation | — | — | — | — | — | — | — | — | 250K | 1.2M | 1.2M | 1.3M |
| Change in working capital | — | — | — | — | — | — | — | — | 1.5M | 5.1M | 140K | -1.7M |
| Operating cash flow | 122K | -282K | 4K | -577K | 96K | 188K | -199K | -358K | -13.3M | -7.9M | -13M | -13.4M |
| Capital expenditure | — | — | — | — | — | — | — | — | -735K | -1M | -688K | -846K |
| Investing cash flow | — | — | — | — | — | — | — | — | -735K | -1M | -688K | -846K |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | 0 | -265K | -807K | -54K |
| Financing cash flow | — | — | — | — | — | — | — | — | 1.3M | 456K | -1.6M | -54K |
| Net change in cash | 122K | -282K | 4K | -577K | 96K | 188K | -199K | -358K | -12.7M | -8.5M | -15.3M | -14.3M |
| Free cash flow | — | — | — | — | — | — | — | — | -14M | -8.9M | -13.7M | -14.3M |