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 | -$0.14 | -$0.26 | -85.7% | — | $54.6M | — |
| Q1 26 | -$0.11 | -$0.25 | -127.3% | — | $48.6M | — |
| Q4 25 | -$0.13 | $0.07 | +153.8% | — | $62.2M | — |
| Q3 25 | -$0.18 | -$0.16 | +11.1% | — | $39.5M | — |
| Q2 25 | -$0.2 | -$0.26 | -30.0% | — | $35M | — |
| Q1 25 | -$0.25 | -$0.31 | -24.0% | — | $32.6M | — |
| Q4 24 | -$0.26 | -$0.37 | -42.3% | — | $30.1M | — |
| Q3 24 | -$0.26 | -$0.45 | -73.1% | — | $28.1M | — |
| Q2 24 | -$0.31 | -$0.5 | -61.3% | — | $27M | — |
| Q1 24 | -$0.52 | -$0.51 | +1.9% | — | $25.9M | — |
| Q4 23 | -$0.46 | -$0.73 | -58.7% | — | $24.4M | — |
| Q3 23 | -$1.16 | -$0.89 | +23.3% | — | $22.2M | — |
| Q2 23 | -$1.48 | -$3.19 | -115.5% | — | $19.4M | — |
| Q1 23 | -$2.2 | -$2.65 | -20.5% | — | $17.2M | — |
| Q4 22 | -$0.18 | -$0.19 | -5.6% | — | $10.9M | — |
| Q3 22 | -$1.54 | -$1.92 | -24.7% | — | $11.2M | — |
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 | — | -$1.07 | — | — | $169.4M | — |
| FY24 | — | -$2.08 | — | — | $111.1M | — |
| FY23 | — | -$10.1 | — | — | $83.3M | — |
| FY22 | — | -$7.8 | — | — | $41M | — |
| FY21 | — | -$7 |
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 | $11.4M | $18.9M | $33.6M | $41M | $83.3M | $111.1M | $169.4M |
| YoY change | — | +65.6% | +77.6% | +22.2% | +103% | +33.4% | +52.5% |
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 | 11.4M | 18.9M | 33.6M | 41M | 83.3M | 111.1M | 169.4M |
| Cost of revenue | 17.4M | 17.4M | 24.5M | 30.1M | 75M | 70.6M | 85.9M |
| Gross profit | -6M | 1.5M | 9.1M | 10.9M | 8.3M | 40.5M | 83.4M |
| Gross margin | -52.7% | 8% | 27.1% | 26.6% | 9.98% | 36.4% | 49.3% |
| Research & development | 23.3M | 23.3M | 34.6M | 64.3M | 91.2M | 58.1M | 65.2M |
| Selling, general & administrative | 19.1M | 30M | 74.2M | 92M | 123.6M | 86.6M | 92.3M |
| Operating expenses | 42.3M | 53.3M | 108.8M | 156.4M | 214.8M | 144.6M | 157.4M |
| Operating income | -48.4M | -51.8M | -99.7M | -145.4M | -206.5M | -104.2M | -74M |
| Operating margin | -423.8% | -273.8% | -297% | -354.4% | -248% | -93.8% | -43.7% |
| Non-operating income, net | 7K | -52.1M | 3M | 7.7M | -166.8M | 646K | 1.2M |
| Pretax income | -51.7M | -106.4M | -96.8M | -138.3M | -373.6M | -96.5M | -63.3M |
| Income tax | 1K | 375K | -2.8M | 305K | 523K | 537K | -2.9M |
| Net income | -51.7M | -106.8M | -94M | -138.6M | -374.1M | -97M | -60.4M |
| Net margin | -452.7% | -564.9% | -279.9% | -337.7% | -449.2% | -87.3% | -35.6% |
| EBITDA | -46M | -100.2M | -90.8M | -123.4M | -175.9M | -79.9M | -50.4M |
| EPS | -28.9 | -59.8 | -7 | -7.8 | -10.1 | -2.08 | -1.07 |
| Diluted EPS | -28.9 | -59.8 | -7 | -7.8 | -10.1 | -2.08 | -1.07 |
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 | 22.2M | 24.4M | 25.9M | 27M | 28.1M | 30.1M | 32.6M | 35M | 39.5M | 62.2M | 48.6M | 54.6M |
| Cost of revenue | 19.1M | 19M | 18.5M | 17.9M | 17.3M | 16.9M | 19.1M | 19.2M | 22.9M | 24.7M | 27.7M | 27.9M |
| Gross profit | 3.1M | 5.4M | 7.4M | 9.1M | 10.8M | 13.2M | 13.5M | 15.8M | 16.7M | 37.5M | 20.8M | 26.7M |
| Gross margin | 13.9% | 22.1% | 28.6% | 33.7% | 38.3% | 43.8% | 41.3% | 45.2% | 42.1% | 60.2% | 42.9% | 48.9% |
| Research & development | 16.7M | 15.6M | 13.8M | 14.4M | 15.1M | 14.7M | 15M | 17.1M | 17.8M | 15.3M | 16.1M | 19.3M |
| Selling, general & administrative | 22.2M | 27.1M | 19.4M | 19.9M | 23.1M | 24.1M | 22.3M | 25.5M | 23.1M | 21.3M | 24M | 27.4M |
| Operating expenses | 38.8M | 42.7M | 33.2M | 34.3M | 38.3M | 38.8M | 37.3M | 42.7M | 40.9M | 36.5M | 40M | 46.7M |
| Operating income | -35.7M | -37.3M | -25.8M | -25.3M | -27.5M | -25.6M | -23.8M | -26.8M | -24.3M | 904K | -19.2M | -20M |
| Operating margin | -160.9% | -152.6% | -99.5% | -93.6% | -98% | -85.1% | -73% | -76.5% | -61.4% | 1.45% | -39.5% | -36.7% |
| Non-operating income, net | -13K | -6K | 193K | -7K | 74K | 386K | 303K | -26K | 176K | 749K | -175K | -60K |
| Pretax income | -35.1M | -38.8M | -23.7M | -23.7M | -25.6M | -23.4M | -21.8M | -24.2M | -21.7M | 4.4M | -16.9M | -18M |
| Income tax | 17K | 174K | 131K | 123K | -37K | 320K | 195K | -3.6M | 72K | 414K | 552K | 125K |
| Net income | -35.1M | -39M | -23.8M | -23.9M | -25.6M | -23.7M | -22M | -20.6M | -21.7M | 4M | -17.5M | -18.1M |
| Net margin | -158.1% | -159.5% | -91.9% | -88.4% | -91.1% | -78.9% | -67.5% | -58.8% | -55% | 6.41% | -36% | -33.2% |
| EBITDA | -28.3M | -30.6M | -18.9M | -19.3M | -21.6M | -20.1M | -18.8M | -21.1M | -18.2M | 7.7M | -15.7M | -16M |
| EPS | -0.89 | -0.95 | -0.55 | -0.53 | -0.54 | -0.48 | -0.42 | -0.38 | -0.37 | 0.07 | -0.28 | -0.27 |
| Diluted EPS | -0.89 | -0.95 | -0.55 | -0.53 | -0.54 | -0.48 | -0.42 | -0.38 | -0.37 | 0.06 | -0.28 | -0.27 |
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 | — | 241.1M | — | — | — | — | — | 2.9B |
| Enterprise value | — | 251.5M | — | — | — | — | — | 2.7B |
| Shares outstanding | 1.8M | 1.8M | 13.4M | 17.8M | 37M | 46.6M | 56.3M | 56.3M |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | — | -38.2 |
| P/S | — | 12.8 | — | — | — | — | — | 14.4 |
| P/B | — | -3.18 | — | — | — | — | — | 7.54 |
| EV/EBITDA | — | -2.51 | — | — | — | — | — | -46.4 |
| EV/Sales | — | 13.3 | — | — | — | — | — | 13.2 |
| Earnings yield | — | — | — | — | — | — | — | -2.62% |
| FCF yield | — | -18.9% | — | — | — | — | — | -1.95% |
| PEG | — | — | — | — | — | — | — | 1.32 |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Gross margin | -52.7% | 8% | 27.1% | 26.6% | 9.98% | 36.4% | 49.3% | 48.9% |
| Operating margin | -423.8% | -273.8% | -297% | -354.4% | -248% | -93.8% | -43.7% | -46.6% |
| Net margin | -452.7% | -564.9% | -279.9% | -337.7% | -449.2% | -87.3% | -35.6% | -26% |
| ROE | — | 140.7% | -36% | -80.7% | -208.2% | -53.6% | -23.1% | -18% |
| ROA | — | -230.1% | -30.5% | -54.1% | -113.1% | -35.1% | -17.3% | -10.7% |
| ROIC | — | 79.1% | -102.4% | -138.7% | -347.5% | -357.5% | -105.4% | -49.4% |
| Return on tangible assets | — | -230.1% | -58.6% | -117.9% | -132.7% | -40.4% | -18.7% | -16.1% |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Current ratio | — | 1.01 | 9.38 | 5.51 | 3.22 | 2.8 | 3.93 | 4.16 |
| Quick ratio | — | 0.78 | 9.04 | 4.85 | 2.94 | 2.59 | 3.59 | 3.79 |
| Debt / equity | — | -0.29 | 0.07 | 0.33 | 0.39 | 0.11 | 0.07 | 0.04 |
| Debt / assets | — | 0.47 | 0.06 | 0.22 | 0.21 | 0.07 | 0.05 | 0.03 |
| Net debt / EBITDA | — | -0.1 | 1.8 | 0.54 | 0.68 | 1.9 | 3.8 | 5.8 |
| Interest coverage | -13.4 | -41.3 | -191 | -50.3 | -39.2 | -51.9 | — | — |
| Effective tax rate | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Revenue per share | 6.39 | 10.6 | 2.51 | 2.31 | 2.25 | 2.38 | 3.01 | 3.34 |
| EPS (basic) | -28.9 | -59.8 | -7 | -7.8 | -10.1 | -2.08 | -1.07 | -1.07 |
| EPS (diluted) | -28.9 | -59.8 | -7 | -7.8 | -10.1 | -2.08 | -1.07 | -0.78 |
| Book value per share | — | -42.5 | 19.5 | 9.65 | 4.85 | 3.88 | 4.65 | 5.42 |
| FCF per share | -26.7 | -25.5 | -5.63 | -6.53 | -3.8 | -0.8 | -1.15 | -1.25 |
| Cash per share | — | 6.36 | 13.6 | 6.91 | 5.13 | 3.69 | 3.7 | 3.62 |
| Capex per share | 4.2 | 1.96 | 0.32 | 0.29 | 0.07 | 0.07 | — | — |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Capex / revenue | 65.7% | 18.6% | 12.8% | 12.5% | 2.94% | 2.78% | — | — |
| Capex / operating cash flow | -15.7% | -3.7% | -5.44% | -4.87% | -0.82% | -12.7% | — | — |
| Payout ratio | — | — | — | — | — | — | — | 0% |
| — |
| — |
| $33.6M |
| — |
| FY20 | — | -$59.8 | — | — | $18.9M | — |
| FY19 | — | -$28.9 | — | — | $11.4M | — |
| Q1 24 |
|---|
| Q2 24 |
|---|
| Q3 24 |
|---|
| Q4 24 |
|---|
| Q1 25 |
|---|
| Q2 25 |
|---|
| Q3 25 |
|---|
| Q4 25 |
|---|
| Q1 26 |
|---|
| Q2 26 |
|---|
| Revenue | $22.2M | $24.4M | $25.9M | $27M | $28.1M | $30.1M | $32.6M | $35M | $39.5M | $62.2M | $48.6M | $54.6M |
| YoY change | +98.2% | +123.5% | +50.6% | +39.2% | +26.4% | +23.1% | +25.8% | +29.9% | +40.8% | +106.6% | +48.9% | +55.9% |
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 | 11.4M | 182.6M | 122.9M | 190.1M | 172M | 208.6M |
| Receivables | 2.3M | 10.7M | 11.2M | 14.6M | 17.9M | 27.8M |
| Inventory | 4.8M | 7.4M | 19.5M | 23.2M | 16.4M | 23.6M |
| Total current assets | 21.2M | 207.4M | 162.5M | 263.2M | 219.9M | 278.9M |
| Property, plant & equipment | 20.8M | 25.2M | 22.7M | 28.8M | 24.5M | 35.9M |
| Goodwill & intangibles | 0 | 147.5M | 138.6M | 48.9M | 35.7M | 26.6M |
| Total assets | 46.4M | 307.7M | 256.1M | 330.7M | 276.1M | 349.5M |
| Accounts payable | 6.9M | 4.9M | 8.8M | 3.5M | 6.3M | 20M |
| Short-term debt | 9.9M | 3.1M | 3.2M | 7.1M | 7.2M | 4.1M |
| Total current liabilities | 20.9M | 22.1M | 29.5M | 81.7M | 78.4M | 71M |
| Long-term debt | 11.9M | 16.2M | 53M | 62.8M | 13.1M | 12.9M |
| Total liabilities | 122.3M | 47M | 84.5M | 151.1M | 95.2M | 87.8M |
| Shareholders' equity | -75.9M | 260.7M | 171.6M | 179.7M | 180.9M | 261.7M |
| Total debt | 21.8M | 19.3M | 56.2M | 69.9M | 20.3M | 17.1M |
| Net debt | 10.4M | -163.4M | -66.7M | 18.9M | -25.3M | -50.3M |
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 | 200.5M | 190.1M | 187.8M | 184.2M | 151.4M | 172M | 168.2M | 226.5M | 244.5M | 208.6M | 173.1M | 261.1M |
| Receivables | 13.4M | 14.6M | 12.2M | 14.3M | 18.4M | 17.9M | 17.9M | 15.4M | 24.8M | 27.8M | 26.2M | 22.1M |
| Inventory | 26.5M | 23.2M | 21.1M | 19.5M | 18.6M | 16.4M | 15.1M | 13.9M | 16.5M | 23.6M | 29.9M | 31.4M |
| Total current assets | 252.9M | 263.2M | 256.5M | 252M | 200.2M | 219.9M | 218.6M | 273.2M | 305.2M | 278.9M | 251M | 345.7M |
| Property, plant & equipment | 31.3M | 28.8M | 27.9M | 26.3M | 24.4M | 24.5M | 23.4M | 23.4M | 24M | 35.9M | 38.2M | 38.8M |
| Goodwill & intangibles | 52.1M | 48.9M | 45.2M | 41.9M | 38.3M | 35.7M | 33.4M | 31.2M | 28.9M | 26.6M | 147.1M | 142.9M |
| Total assets | 321.8M | 330.7M | 317.7M | 309.9M | 255.2M | 276.1M | 268.6M | 321.8M | 353.8M | 349.5M | 381.5M | 474.8M |
| Accounts payable | 7.9M | 3.5M | 6.1M | 4.5M | 5.9M | 6.3M | 10.3M | 12.8M | 16.4M | 20M | 17.4M | 22.3M |
| Short-term debt | 7.1M | 7.1M | 7.2M | 7.3M | 7.2M | 7.2M | 7.3M | 7.4M | 7.5M | 4.1M | 4.6M | 4.8M |
| Total current liabilities | 61.6M | 81.7M | 83.1M | 74.1M | 64.1M | 78.4M | 85M | 86.1M | 93.8M | 71M | 84.3M | 83M |
| Long-term debt | 60.8M | 62.8M | 61.3M | 60.2M | 14.7M | 13.1M | 11.7M | 10.2M | 8.4M | 12.9M | 12.8M | 11.6M |
| Total liabilities | 127.8M | 151.1M | 150.5M | 139.3M | 83.5M | 95.2M | 100.6M | 100.8M | 106.3M | 87.8M | 105.9M | 103.5M |
| Shareholders' equity | 194M | 179.7M | 167.2M | 170.6M | 171.7M | 180.9M | 167.9M | 221M | 247.4M | 261.7M | 275.6M | 371.3M |
| Total debt | 67.9M | 69.9M | 68.4M | 67.5M | 21.9M | 20.3M | 19M | 17.7M | 15.9M | 17.1M | 17.4M | 16.4M |
| Net debt | -7.7M | 18.9M | 20.1M | 14.8M | -22.5M | -25.3M | -35M | -58.5M | -71.2M | -50.3M | -61.3M | -75.4M |
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 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|
| Net income | -51.7M | -106.8M | -94M | -138.6M | -374.1M | -97M | -60.4M |
| Depreciation & amortization | 2M | 3.7M | 5.5M | 12.2M | 21.7M | 14.7M | 12.9M |
| Stock-based compensation | 1.2M | 12.1M | 25.4M | 33.3M | 57.7M | 40.5M | 40.8M |
| Change in working capital | -3.5M | -5.4M | -15.6M | -13.6M | -8M | 18.2M | -22.6M |
| Operating cash flow | -47.8M | -94.9M | -78.7M | -105.7M | -300M | -24.3M | -40M |
| Capital expenditure | -7.5M | -3.5M | -4.3M | -5.1M | -2.4M | -3.1M | — |
| Investing cash flow | -7.5M | -3.5M | -15.2M | -5.1M | 50.6M | 14.7M | -11.4M |
| Dividends paid | — | — | — | — | — | — | — |
| Share repurchases | 0 | 0 | -45K | -45K | 0 | — | — |
| Financing cash flow | 50.5M | 38.5M | 257.8M | 54.8M | 14.2M | 13.5M | 95.6M |
| Net change in cash | -4.8M | -59.9M | 163.8M | -56.1M | -235.2M | 3.9M | 44.3M |
| Free cash flow | -47.7M | -45.6M | -75.3M | -116.1M | -140.9M | -37.5M | -64.8M |
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 | 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 | — | — | — | — | — | — | — | — | -21.7M | 4M | -17.5M | -18.1M |
| Depreciation & amortization | — | — | — | — | — | — | — | — | 3.4M | 3.3M | 3.5M | 4.1M |
| Stock-based compensation | — | — | — | — | — | — | — | — | 11.8M | 7.3M | 7.5M | 11.4M |
| Change in working capital | -2.4M | -4.4M | 2.6M | -1.7M | 1.4M | 138K | 4.1M | 2.3M | -10.5M | -20M | -604K | -1M |
| Operating cash flow | -2.4M | -4.4M | 2.6M | -1.7M | 1.4M | 138K | 4.1M | 2.3M | -18.3M | -15.4M | -7.3M | -12.8M |
| Capital expenditure | — | — | — | — | — | — | — | — | — | — | — | — |
| Investing cash flow | — | — | — | — | — | — | — | — | -6M | 17.1M | 19.6M | -74.4M |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | — | — | — | — | — | — | — | — | 37.1M | -693K | 611K | 998K |
| Net change in cash | -2.4M | -4.4M | 2.6M | -1.7M | 1.4M | 138K | 4.1M | 2.3M | 12.8M | 947K | 13M | -86.2M |
| Free cash flow | — | — | — | — | — | — | — | — | -20M | -37.2M | -9.8M | -15.4M |