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 | -$0.04 | $0.77 | +2025.0% | — | $0 | — |
| Q1 26 | -$0.04 | -$0.09 | -125.0% | — | $0 | — |
| Q4 25 | -$0.03 | -$0.32 | -966.7% | — | $0 | — |
| Q3 25 | -$0.03 | -$0.23 | -666.7% | — | $0 | — |
| Q4 24 | -$0.04 | -$0.45 | -1025.0% | — | $0 | — |
| Q3 24 | -$0.04 | -$0.31 | -675.0% | — | $0 | — |
| Q2 24 | -$0.04 | $0.51 | +1375.0% | — | $0 | — |
| Q1 24 | -$0.04 | -$0.09 | -125.0% | — | $0 | — |
| Q4 23 | -$0.04 | -$0.43 | -975.0% | — | $0 | — |
| Q3 23 | -$0.03 | -$0.04 | -33.3% | — | $0 | — |
| Q2 23 | -$0.03 | $0.08 | +366.7% | — | $0 | — |
| Q1 23 | -$0.06 | -$0.13 | -116.7% | — | $0 | — |
| Q4 22 | -$0.04 | -$0.23 | -475.0% | — | $0 | — |
| Q3 22 | -$0.06 | $0.06 | +200.0% | — | $0 | — |
| Q2 22 | -$0.06 | -$0.03 | +50.0% | — | $0 | — |
| Q1 22 | -$0.04 | -$0.08 | -100.0% | — | $0 | — |
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 | — | -$0.53 | — | — | $0 | — |
| FY24 | — | -$0.35 | — | — | $0 | — |
| FY23 | — | -$0.35 | — | — | $0 | — |
| FY22 | — | -$0.09 | — | — | $0 | — |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| YoY change | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
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 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost of revenue | — | — | — | — | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — | — | — | — | — |
| Gross margin | — | — | — | — | — | — | — | — | — | — |
| Research & development | — | — | — | — | — | — | — | — | — | — |
| Selling, general & administrative | 9.7M | 13.7M | 12.4M | 13.3M | 16.5M | 13.4M | 16.1M | 17.4M | 21.2M | 22.1M |
| Operating expenses | 9.7M | 15.7M | 19.8M | 13.3M | 16.5M | 18.8M | 22.8M | 17.4M | 21.6M | 22.1M |
| Operating income | -9.7M | -15.7M | -19.8M | -13.3M | -16.5M | -18.8M | -22.8M | -17.4M | -21.6M | -22.1M |
| Operating margin | — | — | — | — | — | — | — | — | — | — |
| Non-operating income, net | 5.2M | 7.5M | 4.8M | 1M | 1.5M | 24.2M | 24.4M | -16.5M | -791K | -47.1M |
| Pretax income | -4.3M | -8.1M | -15M | -12.3M | -15.7M | 5.5M | 874K | -38M | -19.9M | -65.1M |
| Income tax | 3M | 2.2M | 5M | -697K | -800K | 4.6M | 8.3M | -8.7M | 11.4M | -11.9M |
| Net income | -7.3M | -10.3M | -19.9M | -11.6M | -14.9M | 895K | -7.4M | -29.3M | -31.2M | -53.2M |
| Net margin | — | — | — | — | — | — | — | — | — | — |
| EBITDA | -10.5M | -10.3M | -13.5M | -12M | -14.9M | -16.3M | 18.2M | -43M | 25.5M | -89.4M |
| EPS | -0.14 | -0.18 | -0.34 | -0.19 | -0.23 | 0.01 | -0.09 | -0.35 | -0.35 | -0.53 |
| Diluted EPS | -0.14 | -0.18 | -0.34 | -0.19 | -0.23 | 0.01 | -0.09 | -0.35 | -0.35 | -0.53 |
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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost of revenue | — | — | — | — | — | — | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — | — | — | — | — | — | — |
| Gross margin | — | — | — | — | — | — | — | — | — | — | — | — |
| Research & development | — | — | — | — | — | — | — | — | — | — | — | — |
| Selling, general & administrative | 3.7M | 5.8M | 4.6M | 4.8M | 2.9M | 7.7M | 4.4M | 5M | 4.7M | 8.1M | 6.1M | 5.6M |
| Operating expenses | 3.7M | 5.8M | 4.6M | 4.8M | 2.9M | 7.7M | 4.4M | 5M | 4.7M | 8.1M | 6.1M | 5.6M |
| Operating income | -3.7M | -5.8M | -4.6M | -4.8M | -2.9M | -8.2M | -4.4M | -5M | -4.7M | -8.1M | -6.1M | -5.6M |
| Operating margin | — | — | — | — | — | — | — | — | — | — | — | — |
| Non-operating income, net | 3.2M | -25.4M | 2M | 64.5M | -23.4M | -34.5M | 18.5M | 14.1M | -24.5M | -55.2M | -3M | 156.3M |
| Pretax income | 1.1M | -36.4M | -2.4M | 60.9M | -25.8M | -42.2M | 14.9M | 10.3M | -27.8M | -62.5M | -8.2M | 149.7M |
| Income tax | 6.3M | -14.2M | 5.8M | 15.6M | -6.1M | -1.4M | 4.3M | -2M | 4.5M | -18.7M | -1.5M | 32.2M |
| Net income | -5.3M | -22.2M | -8.2M | 45.2M | -19.7M | -40.8M | 10.6M | 12.3M | -32.3M | -43.8M | -6.6M | 117.5M |
| Net margin | — | — | — | — | — | — | — | — | — | — | — | — |
| EBITDA | 12.4M | -49.1M | 10.6M | 66.8M | -29.5M | -10.6M | 13.1M | -17.8M | -15M | -69.8M | -7.7M | 13.8M |
| EPS | -0.06 | — | -0.09 | 0.51 | -0.31 | — | 0.11 | 0.12 | -0.32 | — | -0.06 | 1.09 |
| Diluted EPS | -0.06 | — | -0.09 | 0.51 | -0.31 | — | 0.11 | 0.12 | -0.32 | — | -0.06 | 1.08 |
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 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market cap | 631.5M | 926.5M | 1.1B | 1.3B | 2B | — | 1.5B | 1.4B | — | — | 3.1B |
| Enterprise value | 619.1M | 907M | 1.1B | 1.2B | 2B | — | 1.6B | 1.9B | — | — | 2.6B |
| Shares outstanding | 77.5M | 82M | 85.9M | 90.6M | 96.4M | 111M | 116.3M | 118.8M | 88.8M | 100.9M | 100.9M |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | — | — | — | — | 153.4 |
| P/B | 2.03 | 2.61 | 2.94 | 3.02 | 3.31 | — | 1.98 | 1.97 | — | — | 4 |
| EV/EBITDA | -58.7 | -87.9 | -82.5 | -103 | -133.7 | — | 87.8 | -44.9 | — | — | -130.6 |
| Earnings yield | — | — | — | — | — | — | — | — | — | — | 0.65% |
| FCF yield | -4.63% | -3.46% | -4.09% | -3.04% | -8.29% | — | -13.1% | -17.5% | — | — | -3.51% |
| PEG | — | — | — | — | — | — | — | — | — | — | 0.19 |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | — | — | — | — | — | — | 0% |
| Net margin | — | — | — | — | — | — | — | — | — | — | 0% |
| ROE | -2.34% | -2.89% | -5.16% | -2.8% | -2.43% | 0.13% | -1% | -4.01% | -3.71% | -4.73% | 3.27% |
| ROA | -2.16% | -2.69% | -4.71% | -2.58% | -2.31% | 0.12% | -0.67% | -2.17% | -2.15% | -3.01% | -1.06% |
| ROIC | -3.24% | -4.68% | -5.45% | -3.34% | -2.88% | -0.46% | 0% | -1.43% | -1.6% | -1.38% | -1.06% |
| Return on tangible assets | -2.16% | -2.69% | -4.71% | -2.58% | -2.31% | 0.12% | -0.67% | -2.17% | -2.15% | -3.01% | 1.99% |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current ratio | 2.28 | 3.26 | 3.76 | 2.87 | 4.53 | 3.13 | 2.7 | 2.38 | 2.86 | 5.24 | 2.08 |
| Quick ratio | 2.28 | 3.26 | 3.76 | 2.87 | 4.53 | 3.13 | 2.7 | 2.38 | 2.86 | 5.24 | 2.08 |
| Debt / equity | — | — | — | 0 | 0 | 0 | 0.36 | 0.79 | 0.67 | 0.53 | 0.51 |
| Debt / assets | — | — | — | 0 | 0 | 0 | 0.24 | 0.43 | 0.39 | 0.34 | 0.32 |
| Net debt / EBITDA | — | — | — | 1.3 | 2.75 | 2.68 | 7.35 | -11.4 | 20 | -5.3 | -5.93 |
| Interest coverage | -345.7 | -252.8 | -103 | -45.1 | -18.3 | 48.6 | 1.25 | -8.49 | -31.3 | -91.2 | 20.4 |
| Effective tax rate | 0% | 0% | 0% | 0% | 0% | 83.8% | 100% | 0% | 0% | 0% | 32% |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue per share | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (basic) | -0.14 | -0.18 | -0.34 | -0.19 | -0.23 | 0.01 | -0.09 | -0.35 | -0.35 | -0.53 | -0.53 |
| EPS (diluted) | -0.14 | -0.18 | -0.34 | -0.19 | -0.23 | 0.01 | -0.09 | -0.35 | -0.35 | -0.53 | 0.19 |
| Book value per share | 4.02 | 4.34 | 4.5 | 4.58 | 6.37 | 6.33 | 6.37 | 6.14 | 9.5 | 11.2 | 7.28 |
| FCF per share | -0.38 | -0.39 | -0.54 | -0.42 | -1.75 | -0.77 | -1.64 | -2.12 | -1.36 | -1.51 | -1.61 |
| Cash per share | 0.16 | 0.24 | 0.27 | 0.18 | 0.43 | 0.4 | 1.13 | 0.73 | 0.62 | 1.25 | 0.89 |
| Capex per share | 0.31 | 0.27 | 0.43 | 0.3 | 1.65 | 0.47 | 1.53 | 1.94 | 1.2 | — | — |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Capex / operating cash flow | -481.2% | -369.5% | -321.8% | -248.1% | -1.6K% | 1.4K% | -541.8% | -1.9K% | -177% | — | — |
| Payout ratio | — | — | — | — | — | — | — | — | — | — | 0% |
| FY21 | — | $0.01 | — | — | $0 | — |
| FY20 | — | -$0.23 | — | — | $0 | — |
| FY19 | — | -$0.19 | — | — | $0 | — |
| FY18 | — | -$0.34 | — | — | $0 | — |
| FY17 | — | -$0.18 | — | — | $0 | — |
| FY16 | — | -$0.14 | — | — | $0 | — |
| 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 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| YoY change | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
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 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 12.4M | 19.5M | 22.9M | 15.9M | 41.3M | 44.1M | 131.5M | 86.2M | 55.2M | 126.3M |
| Receivables | — | — | — | — | — | 281K | — | — | — | — |
| Inventory | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 13.1M | 20.2M | 24.5M | 19.2M | 46.2M | 54.2M | 140.4M | 94M | 58.1M | 214.1M |
| Property, plant & equipment | — | — | 395.3M | 425.9M | 235K | 30.3M | 194.4M | 371.7M | 448.8M | 523.7M |
| Goodwill & intangibles | — | — | — | — | — | — | — | — | — | — |
| Total assets | 338M | 382.9M | 423.5M | 449.4M | 647.8M | 747.7M | 1.1B | 1.4B | 1.5B | 1.8B |
| Accounts payable | 1.8M | 1.8M | 2.5M | 2.3M | 2.5M | 10.2M | 15.7M | 27.3M | 8.5M | 13M |
| Short-term debt | — | — | — | 46K | 41K | 90K | 511K | 373K | 348K | 366K |
| Total current liabilities | 5.7M | 6.2M | 6.5M | 6.7M | 10.2M | 17.3M | 52M | 39.4M | 20.3M | 40.9M |
| Long-term debt | — | — | — | 228K | 207K | 182K | 264.7M | 575M | 563.6M | 599.6M |
| Total liabilities | 26.6M | 27.3M | 36.9M | 34.3M | 33.1M | 45.4M | 355.1M | 621M | 609.7M | 642.9M |
| Shareholders' equity | 311.4M | 355.6M | 386.6M | 415M | 614.7M | 702.3M | 740.5M | 729.9M | 843M | 1.1B |
| Total debt | — | — | — | 274K | 248K | 272K | 265.2M | 575.3M | 563.9M | 600M |
| Net debt | — | — | — | -8.5M | -17.3M | -11.3M | 219M | 492.9M | 514.1M | 482.4M |
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 | 132.6M | 86.2M | 59.8M | 75.8M | 40.2M | 55.2M | 163.4M | 128.1M | 111.3M | 126.3M | 144.6M | 95.5M |
| Receivables | — | — | — | — | — | — | — | — | — | — | — | 7.8M |
| Inventory | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 143.7M | 94M | 62.9M | 85.8M | 45.8M | 58.1M | 166.1M | 134.9M | 124.9M | 214.1M | 231.4M | 103.2M |
| Property, plant & equipment | 340.3M | 371.7M | 389.7M | 407.3M | 305M | 448.8M | 465.5M | 480.7M | 501.6M | 523.7M | 543.2M | 577.3M |
| Goodwill & intangibles | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | 1.3B | 1.4B | 1.3B | 1.4B | 1B | 1.5B | 1.6B | 1.6B | 1.7B | 1.8B | 1.8B | 1.8B |
| Accounts payable | 19M | 27.3M | 8.4M | 22.3M | 8.3M | 8.5M | 3M | 5M | 7.7M | 13M | 2.7M | 6.4M |
| Short-term debt | 552K | 373K | 742K | 629K | 249.4K | 348K | 271K | 397K | 342K | 366K | 533K | 549K |
| Total current liabilities | 63.8M | 39.4M | 19.7M | 40.7M | 20.1M | 20.3M | 17.4M | 31.8M | 41.8M | 40.9M | 34.5M | 49.7M |
| Long-term debt | 489.7M | 575M | 597.7M | 483.5M | 362.5M | 563.6M | 557.3M | 576.9M | 584.1M | 599.6M | 558.6M | 561.8M |
| Total liabilities | 591.2M | 621M | 624.1M | 561.4M | 403.7M | 609.7M | 601.4M | 625.3M | 650.2M | 642.9M | 597.1M | 643.7M |
| Shareholders' equity | 750.4M | 729.9M | 718.8M | 848.5M | 616.6M | 843M | 995.8M | 1B | 1.1B | 1.1B | 1.2B | 1.1B |
| Total debt | 490.3M | 575.3M | 598.5M | 484.1M | 362.7M | 563.9M | 557.6M | 577.3M | 584.4M | 600M | 559.1M | 562.3M |
| Net debt | 371.3M | 492.9M | 542.8M | 412.8M | 326.2M | 514.1M | 400.8M | 455.9M | 481.3M | 482.4M | 432.2M | 480.8M |
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 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net income | -7.3M | -10.3M | -19.9M | -11.6M | -14.9M | 895K | -7.4M | -29.3M | -31.2M | -53.2M |
| Depreciation & amortization | — | — | 0 | 36K | 36K | 85K | 84K | 132K | 136K | 78K |
| Stock-based compensation | 3.7M | 7.5M | 5.2M | 5.4M | 8.8M | 3.5M | 3.1M | 3.3M | 3.7M | 4.7M |
| Change in working capital | -3K | 15K | -997K | -1.7M | -1.7M | -5.1M | -845K | 457K | -32K | -170K |
| Operating cash flow | -5M | -5.9M | -11.5M | -11M | -10.2M | 3.7M | -32.9M | -12M | -60M | -15.5M |
| Capital expenditure | -24.1M | -21.9M | -37.1M | -27.2M | -158.8M | -51.7M | -178M | -230.2M | -106.3M | — |
| Investing cash flow | -16.6M | -28.2M | -42.6M | -14.8M | -185.9M | -78.7M | -266.4M | -202.9M | -121.2M | -51M |
| Dividends paid | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | 22.4M | 38.4M | 83.2M | 52.6M | 195.4M | 118.1M | 72.8M | 60.9M | 100.4M | 272.2M |
| Net change in cash | 832K | 4.3M | 29M | 26.9M | -683K | 43.2M | -226.4M | -154M | -80.9M | 205.8M |
| Free cash flow | -29.2M | -32.1M | -46.5M | -38.1M | -168.5M | -85.3M | -191.3M | -251.7M | -120.5M | -152.4M |
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 | -5.3M | -22.2M | -8.2M | 45.2M | -19.7M | -40.8M | 10.6M | 12.3M | -32.3M | -43.8M | -6.6M | 117.5M |
| Depreciation & amortization | 34K | 33K | 34K | 34K | 24.3K | 34K | 21K | 19K | 19K | 19K | 19K | 19K |
| Stock-based compensation | 766K | 776K | 1.2M | 857K | 595.3K | 800K | 1.1M | 1.4M | 1M | 1.2M | 2.1M | 2.1M |
| Change in working capital | -363K | 2.8M | 4.7M | -6.9M | 514.5K | 2.9M | -131K | 771K | -398K | -412K | 28K | -73K |
| Operating cash flow | -14.7M | 6.5M | -11.4M | -15.4M | 2.4M | -35.2M | -742K | -3.6M | -2.1M | -8.1M | -4.3M | -3.9M |
| Capital expenditure | -73.7M | -63.7M | -39.3M | -12.6M | -20M | -27.7M | -14.3M | — | — | — | — | — |
| Investing cash flow | -83.7M | -64M | -39.3M | -13.6M | -30M | -27.7M | -29.6M | -39.5M | 0 | 3.9M | 0 | -9.8M |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | -28K |
| Financing cash flow | 9.3M | -206K | 10.8M | 38M | 16.9M | 27.8M | 138.2M | 29.8M | 36.3M | -125K | 35.7M | -157K |
| Net change in cash | -89.1M | -57.7M | -39.9M | 9.1M | -10.7M | -35.1M | 107.9M | -13.3M | 34.2M | -4.4M | 31.4M | -13.8M |
| Free cash flow | -79M | -71M | -37.9M | -22.6M | -21M | -30.5M | -15.9M | -24.7M | -55M | -56.8M | -26.6M | -36.4M |