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 | -$0.3 | -$0.02 | +93.3% | — | $43.2M | — |
| Q1 26 | -$0.15 | -$0.02 | +86.7% | — | $48.7M | — |
| Q4 25 | -$0.3 | -$0.05 | +83.3% | — | $49.1M | — |
| Q3 25 | -$1.73 | -$1.47 | +15.0% | — | $37M | — |
| Q2 25 | -$0.83 | -$0.56 | +32.5% | — | $45.3M | — |
| Q1 25 | -$0.98 | -$1 | -2.0% | — | $47.6M | — |
| Q4 24 | -$1.4 | -$0.9 | +35.7% | — | $48M | — |
| Q3 24 | -$2.63 | -$2.01 | +23.6% | — | $37.5M | — |
| Q2 24 | -$0.41 | -$0.42 | -2.4% | — | $51M | — |
| Q1 24 | -$0.24 | -$0.13 | +45.8% | — | $53.7M | — |
| Q4 23 | -$0.15 | $0.32 | +313.3% | — | $55.1M | — |
| Q3 23 | -$0.21 | -$0.13 | +38.1% | — | $40.3M | — |
| Q2 23 | -$0.76 | $0.06 | +107.9% | — | $48.8M | — |
| Q1 23 | -$0.04 | $0.01 | +125.0% | — | $49.2M | — |
| Q4 22 | -$0.16 | -$0.04 | +75.0% | — | $41.8M | — |
| Q3 22 | -$0.29 | -$0.18 | +37.9% | — | $31.8M | — |
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 | — | -$4.95 | — | — | $179M | — |
| FY24 | — | -$0.38 | — | — | $190.2M | — |
| FY23 | — | -$0.41 | — | — | $193.4M | — |
| FY22 | — | -$0.41 | — | — | $162.7M | — |
| FY21 |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $72M | $90.5M | $104M | $140.7M | $162.7M | $193.4M | $190.2M | $179M |
| YoY change | — | +25.6% | +14.9% | +35.3% | +15.6% | +18.9% | -1.64% | -5.91% |
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 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 72M | 90.5M | 104M | 140.7M | 162.7M | 193.4M | 190.2M | 179M |
| Cost of revenue | 26.5M | 30.8M | 34.8M | 46.7M | 49.7M | 57M | 61.8M | 75.2M |
| Gross profit | 45.5M | 59.6M | 69.1M | 94M | 112.9M | 136.4M | 128.4M | 103.8M |
| Gross margin | 63.2% | 65.9% | 66.5% | 66.8% | 69.4% | 70.6% | 67.5% | 58% |
| Research & development | — | — | — | — | — | — | — | — |
| Selling, general & administrative | 71.1M | 80.2M | 87.1M | 187.4M | 203.7M | 194M | 198.5M | 165.6M |
| Operating expenses | 71.1M | 80.2M | 87.1M | 187.4M | 203.7M | 194M | 198.5M | 165.6M |
| Operating income | -25.5M | -20.5M | -17.9M | -93.4M | -90.8M | -57.6M | -70.1M | -61.9M |
| Operating margin | -35.5% | -22.7% | -17.3% | -66.4% | -55.8% | -29.8% | -36.9% | -34.6% |
| Non-operating income, net | 329K | 199K | -1.9M | 66.6M | 26.4M | -13.4M | -23K | 2K |
| Pretax income | -25.4M | -22.4M | -24.7M | -30.6M | -63.9M | -67.6M | -67M | -60.8M |
| Income tax | — | 0 | 0 | 40K | 19K | 109K | 115K | 159K |
| Net income | -25.4M | -22.4M | -24.7M | -30.7M | -63.9M | -67.7M | -67.1M | -60.9M |
| Net margin | -35.2% | -24.8% | -23.7% | -21.8% | -39.3% | -35% | -35.3% | -34.1% |
| EBITDA | -22.7M | -15.3M | -11.9M | -162.2M | -110.9M | -37.4M | -62.5M | -54.2M |
| EPS | -0.3 | 0 | 0 | -0.05 | -0.41 | -0.41 | -0.38 | -4.95 |
| Diluted EPS | -0.3 | 0 | 0 | -0.05 | -0.41 | -0.41 | -0.38 | -4.95 |
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 | 40.3M | 55.1M | 53.7M | 51M | 37.5M | 48M | 47.6M | 45.3M | 37M | 49.1M | 48.7M | 43.2M |
| Cost of revenue | 11.1M | 15.8M | 17.2M | 17.5M | 11.1M | 16.1M | 20M | 17.4M | 13.7M | 24.1M | 16.5M | 15.2M |
| Gross profit | 29.2M | 39.3M | 36.5M | 33.5M | 26.5M | 31.9M | 27.6M | 27.8M | 23.3M | 25M | 32.3M | 28M |
| Gross margin | 72.4% | 71.3% | 68% | 65.7% | 70.5% | 66.6% | 58% | 61.5% | 62.9% | 51% | 66.2% | 64.7% |
| Research & development | — | — | — | — | — | — | — | — | — | — | — | — |
| Selling, general & administrative | 54.7M | 49.4M | 49.4M | 48.7M | 52.2M | 48.2M | 44.2M | 40.1M | 42.4M | 38.9M | 38.1M | 34.5M |
| Operating expenses | 54.7M | 49.4M | 49.4M | 48.7M | 52.2M | 48.2M | 44.2M | 40.1M | 42.4M | 38.9M | 38.1M | 34.5M |
| Operating income | -25.6M | -10.2M | -12.9M | -15.2M | -25.7M | -16.3M | -16.6M | -12.3M | -19.1M | -13.9M | -5.8M | -6.5M |
| Operating margin | -63.4% | -18.5% | -23.9% | -29.9% | -68.5% | -34% | -34.8% | -27.1% | -51.5% | -28.3% | -11.9% | -15% |
| Non-operating income, net | 4.1M | 30K | -25K | -10K | 27K | -15K | — | -4K | 4K | — | -16K | 1K |
| Pretax income | -20.6M | -9.2M | -12M | -14.4M | -24.9M | -15.7M | -16.1M | -11.9M | -18.7M | -14M | -6.1M | -6.8M |
| Income tax | 21K | 12K | 23K | 38K | 29K | 25K | 28K | 74K | 35K | 22K | 22K | 34K |
| Net income | -20.6M | -9.2M | -12M | -14.4M | -25M | -15.8M | -16.2M | -12M | -18.8M | -14M | -6.1M | -6.9M |
| Net margin | -51.2% | -16.8% | -22.4% | -28.2% | -66.5% | -32.9% | -33.9% | -26.5% | -50.7% | -28.6% | -12.6% | -15.9% |
| EBITDA | -28M | -8.5M | -11.1M | -13.4M | -23.8M | -14.3M | -14.6M | -10.3M | -17.1M | -12.3M | -4.6M | -5.3M |
| EPS | -0.13 | — | -0.07 | -0.08 | -0.14 | -0.09 | -0.09 | -0.07 | -1.5 | -1.2 | -0.45 | -0.6 |
| Diluted EPS | -0.13 | — | -0.07 | -0.08 | -0.14 | -0.09 | -0.09 | -0.07 | -1.5 | -1.2 | -0.45 | -0.6 |
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 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| Market cap | — | — | — | — | — | — | — | — | 613.2M |
| Enterprise value | — | — | — | — | — | — | — | — | 64.1M |
| Shares outstanding | 83.9M | 83.9M | 83.9M | 79.2M | 85.9M | 97.2M | 111.7M | 8.1M | 8.1M |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | — | — | -1.71 |
| P/S | — | — | — | — | — | — | — | — | 3.44 |
| P/B | — | — | — | — | — | — | — | — | 4.16 |
| EV/EBITDA | — | — | — | — | — | — | — | — | -1.81 |
| EV/Sales | — | — | — | — | — | — | — | — | 0.36 |
| Earnings yield | — | — | — | — | — | — | — | — | -58.3% |
| FCF yield | — | — | — | — | — | — | — | — | -0.3% |
| PEG | — | — | — | — | — | — | — | — | -0 |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| Gross margin | 63.2% | 65.9% | 66.5% | 66.8% | 69.4% | 70.6% | 67.5% | 58% | 64.7% |
| Operating margin | -35.5% | -22.7% | -17.3% | -66.4% | -55.8% | -29.8% | -36.9% | -34.6% | -12.9% |
| Net margin | -35.2% | -24.8% | -23.7% | -21.8% | -39.3% | -35% | -35.3% | -34.1% | -17% |
| ROE | — | 14.3% | 6.19% | -32% | -78.9% | -79% | -109.9% | -210.7% | -122.6% |
| ROA | — | -38.2% | -43.1% | -17.3% | -48.2% | -54.2% | -72.6% | -80% | -33.1% |
| ROIC | — | 14% | 4.72% | 194% | 1.1K% | -475.8% | -738% | -8.9K% | -638.1% |
| Return on tangible assets | — | -79% | -85.7% | -19.6% | -56% | -63.1% | -88.1% | -100% | -88.4% |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| Current ratio | — | 1.34 | 0.92 | 3.71 | 2.88 | 2.67 | 2.28 | 2.27 | 2.7 |
| Quick ratio | — | 1.34 | 0.92 | 3.71 | 2.88 | 2.67 | 2.28 | 2.27 | 2.7 |
| Debt / equity | — | -0.22 | -0.12 | — | 0.02 | 0.02 | 0.02 | 0.68 | 0.83 |
| Debt / assets | — | 0.59 | 0.83 | — | 0.01 | 0.01 | 0.01 | 0.26 | 0.3 |
| Net debt / EBITDA | — | -0.63 | -1.54 | — | 0.8 | 1.96 | 0.83 | 0.52 | 0.48 |
| Interest coverage | -160.6 | -9.68 | -3.66 | -24.6 | — | — | — | — | — |
| Effective tax rate | — | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| Revenue per share | 0.86 | 1.08 | 1.24 | 1.78 | 1.89 | 1.99 | 1.7 | 22.2 | 21.6 |
| EPS (basic) | -0.3 | 0 | 0 | -0.05 | -0.41 | -0.41 | -0.38 | -4.95 | -4.95 |
| EPS (diluted) | -0.3 | 0 | 0 | -0.05 | -0.41 | -0.41 | -0.38 | -4.95 | -3.67 |
| Book value per share | — | -1.86 | -4.75 | 1.21 | 0.94 | 0.88 | 0.55 | 3.59 | 2.04 |
| FCF per share | -0.24 | -0.27 | -0.11 | -0.56 | -0.62 | -0.15 | -0.2 | -3.01 | -2.09 |
| Cash per share | — | 0.3 | 0.35 | 1.82 | 1.06 | 0.77 | 0.47 | 5.95 | 4.51 |
| Capex per share | — | — | — | — | — | — | — | 0.67 | 0.68 |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| Capex / revenue | — | — | — | — | — | — | — | 3% | 3.23% |
| Capex / operating cash flow | — | — | — | — | — | — | — | -28.5% | -48.4% |
| Payout ratio | — | — | — | — | — | — | — | — | 0% |
| — |
| -$0.05 |
| — |
| — |
| $140.7M |
| — |
| FY20 | — | $0 | — | — | $104M | — |
| FY19 | — | $0 | — | — | $90.5M | — |
| FY18 | — | -$0.3 | — | — | $72M | — |
| 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 | $40.3M | $55.1M | $53.7M | $51M | $37.5M | $48M | $47.6M | $45.3M | $37M | $49.1M | $48.7M | $43.2M |
| YoY change | +26.9% | +31.8% | +9.25% | +4.39% | -6.86% | -12.9% | -11.4% | -11.2% | -1.36% | +2.34% | +2.4% | -4.49% |
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 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 25M | 29.3M | 144M | 90.7M | 74.8M | 52.5M | 47.9M |
| Receivables | 758K | 475K | 5.3M | 11.6M | 15.4M | 7.3M | 5.6M |
| Inventory | — | — | — | — | — | — | — |
| Total current assets | 28.1M | 31.6M | 155.4M | 107.7M | 95M | 64.7M | 58.2M |
| Property, plant & equipment | 12.9M | 10.3M | 10.7M | 12.5M | 16.4M | 17.1M | 8.7M |
| Goodwill & intangibles | 30.4M | 28.5M | 20.3M | 18.6M | 17.6M | 16.3M | 15.2M |
| Total assets | 58.8M | 57.3M | 177.1M | 132.7M | 124.7M | 92.5M | 76.2M |
| Accounts payable | 2.3M | 4.4M | 3.6M | 3.2M | 3.4M | 2.6M | 3.4M |
| Short-term debt | — | 6.5M | — | 1.5M | 1.3M | 928K | 334K |
| Total current liabilities | 21M | 34.3M | 41.9M | 37.3M | 35.6M | 28.3M | 25.6M |
| Long-term debt | 34.6M | 41M | — | — | — | — | 19.3M |
| Total liabilities | 215.2M | 455.7M | 81.3M | 51.6M | 39.1M | 31.4M | 47.2M |
| Shareholders' equity | -156.4M | -398.5M | 95.8M | 81M | 85.6M | 61.1M | 28.9M |
| Total debt | 34.6M | 47.6M | — | 1.5M | 1.3M | 928K | 19.7M |
| Net debt | 9.6M | 18.3M | — | -89.2M | -73.5M | -51.6M | -28.2M |
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 | 84M | 74.8M | 77M | 69.8M | 65M | 52.5M | 44.9M | 36.7M | 32.7M | 47.9M | 44.7M | 38.4M |
| Receivables | 8.2M | 15.4M | 9.6M | 7.2M | 7.4M | 7.3M | 6.4M | 6.4M | 6.5M | 5.6M | 4.7M | 4.3M |
| Inventory | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 98.1M | 95M | 92M | 82.4M | 78.1M | 64.7M | 56.1M | 47.6M | 44.5M | 58.2M | 54.5M | 46.4M |
| Property, plant & equipment | -28M | 16.4M | -28.7M | -30.5M | -32.2M | 17.1M | -35.7M | -37.6M | -39.4M | 8.7M | -22.2M | -22.9M |
| Goodwill & intangibles | 17.7M | 17.6M | 17.2M | 16.9M | 16.8M | 16.3M | 16.1M | 15.9M | 15.5M | 15.2M | 14.9M | 12.8M |
| Total assets | 123.7M | 124.7M | 121.3M | 111.3M | 106.8M | 92.5M | 83M | 73.7M | 70.4M | 76.2M | 73M | 64.6M |
| Accounts payable | 7.4M | 3.4M | 4.6M | 2.7M | 5.8M | 2.6M | 4.2M | 3.8M | 5.6M | 3.4M | 4.7M | 4.4M |
| Short-term debt | — | 1.3M | — | — | — | 928K | — | — | — | 334K | — | — |
| Total current liabilities | 39.8M | 35.6M | 33M | 25.7M | 35.8M | 28.3M | 27.4M | 22.4M | 31M | 25.6M | 22.6M | 17.2M |
| Long-term debt | — | — | — | — | — | — | — | — | — | 19.3M | 19.4M | 19.6M |
| Total liabilities | 41M | 39.1M | 36.2M | 28.8M | 39M | 31.4M | 30.2M | 24.9M | 33.4M | 47.2M | 44M | 38.6M |
| Shareholders' equity | 82.7M | 85.6M | 85.2M | 82.5M | 67.8M | 61.1M | 52.9M | 48.7M | 37.1M | 28.9M | 28.9M | 25.9M |
| Total debt | — | 1.3M | — | — | — | 928K | — | — | — | 19.7M | 19.4M | 19.6M |
| Net debt | — | -73.5M | — | — | — | -51.6M | — | — | — | -28.2M | -25.2M | -18.8M |
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 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|
| Net income | -25.4M | -22.4M | -24.7M | -30.7M | -63.9M | -67.7M | -67.1M | -60.9M |
| Depreciation & amortization | 2.5M | 5M | 6M | 6.4M | 6.5M | 6.8M | 7.6M | 7.6M |
| Stock-based compensation | 1.4M | 1.7M | 1.7M | 54.4M | 47.2M | 44.3M | 41.1M | 27.8M |
| Change in working capital | 6.8M | -873K | 9.1M | 4M | -11.2M | -6.3M | 2.9M | -1.2M |
| Operating cash flow | -14.7M | -16.3M | -7.1M | 36.3M | -21.4M | -20.9M | -15.6M | -18.8M |
| Capital expenditure | — | — | — | — | — | — | — | -5.4M |
| Investing cash flow | -10M | 0 | 0 | — | — | — | — | -5.4M |
| Dividends paid | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — |
| Financing cash flow | 11M | 14.4M | 12.3M | 159.3M | -1M | -1.9M | — | 19.5M |
| Net change in cash | -13.6M | -1.9M | 5.2M | 195.5M | -22.4M | -22.9M | -15.6M | -4.7M |
| Free cash flow | -20.5M | -22.7M | -9.5M | -44.1M | -53.3M | -14.4M | -22.5M | -24.2M |
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 | -20.6M | -9.2M | -12M | -14.4M | -25M | -15.8M | -16.2M | -12M | -18.8M | -14M | -6.1M | -6.9M |
| Depreciation & amortization | 1.7M | 1.7M | 1.8M | 1.9M | 1.9M | 2M | 2M | 2M | 2M | 1.6M | 815K | 859K |
| Stock-based compensation | 11.6M | 11.5M | 11.1M | 11.3M | 9.8M | 8.9M | 7.6M | 7.5M | 6.8M | 5.8M | 6M | 3.9M |
| Change in working capital | 6.1M | -10.4M | 3.5M | -4.4M | 10.2M | -6.4M | 65K | -4.6M | 7.5M | -4.2M | -2.6M | -3.4M |
| Operating cash flow | -1.3M | -6.4M | 4.4M | -5.6M | -3.1M | -11.3M | -6.4M | -7M | -2.4M | -2.9M | -1.8M | -4.7M |
| Capital expenditure | — | — | — | — | — | — | — | -1.2M | -1.7M | -1.3M | -1.2M | -1.5M |
| Investing cash flow | — | — | — | — | — | — | — | -1.2M | -1.7M | -1.3M | -1.2M | -1.5M |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | — | — | — | — | — | — | — | — | — | — | -250K | 0 |
| Net change in cash | -1.3M | -6.4M | 4.4M | -5.6M | -3.1M | -11.3M | -6.4M | -8.2M | -4.1M | -4.3M | -3.2M | -6.3M |
| Free cash flow | -6.7M | -8M | 2.1M | -7.1M | -5M | -12.5M | -7.6M | -8.2M | -4.1M | -4.3M | -3M | -6.3M |