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 | -$0.25 | $0.02 | +108.0% | — | $34.3M | — |
| Q1 26 | -$1.24 | -$1.41 | -13.7% | — | $12.7M | — |
| Q3 25 | -$0.76 | -$0.57 | +25.0% | — | $45M | — |
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 | — | -$9.18 | — | — | $130.4M | — |
| FY24 | — | -$16.8 | — | — | $111.1M | — |
| FY23 | — | -$58.8 | — | — | $115.7M | — |
| FY22 | — | -$7.61 | — | — | $119M | — |
| FY21 | — | -$5.53 | — | — | $82.6M | — |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | $82.6M | $119M | $115.7M | $111.1M | $130.4M |
| YoY change | — | +44.1% | -2.83% | -3.93% | +17.3% |
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 |
|---|
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | 82.6M | 119M | 115.7M | 111.1M | 130.4M |
| Cost of revenue | 56.9M | 76.8M | 78.9M | 74.8M | 128.4M |
| Gross profit | 25.7M | 42.2M | 36.8M | 36.4M | 2M |
| Gross margin | 31.1% | 35.5% | 31.8% | 32.7% | 1.57% |
| Research & development | — | — | — | — | — |
| Selling, general & administrative | 17.2M | 17M | 51.1M | 63.3M | 42.8M |
| Operating expenses | 59.9M | 60.1M | 92.4M | 101M | 77M |
| Operating income | -75.9M | -66.7M | -104.5M | -101.7M | -107.1M |
| Operating margin | -91.9% | -56% | -90.3% | -91.5% | -82.1% |
| Non-operating income, net | -2M | -37.1M | -754.6M | -44.1M | -8.7M |
| Pretax income | -84.4M | -107.8M | -861.8M | -152.6M | -115.3M |
| Income tax | -3.6M | 3.5M | -2.2M | 0 | 0 |
| Net income | -80.9M | -111.3M | -859.6M | -152.6M | -115.3M |
| Net margin | -97.9% | -93.5% | -743.1% | -137.3% | -88.4% |
| EBITDA | -36.3M | -56.4M | -137.9M | -109.5M | -63.9M |
| EPS | -5.53 | -7.61 | -58.8 | -16.8 | -9.18 |
| Diluted EPS | -5.53 | -7.61 | -58.8 | -16.8 | -9.18 |
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 | 40.5M | 22.9M | 14.7M | 33.9M | 39.7M | 22.8M | 16.1M | 39.8M | 45M | 29.5M | 12.7M | 34.3M |
| Cost of revenue | 24.7M | 17.9M | 10.4M | 20.9M | 26.6M | 16.9M | 22.8M | 33.1M | 40.2M | 32.2M | 17.5M | 22.9M |
| Gross profit | 15.8M | 5M | 4.2M | 13M | 13.1M | 6M | -6.8M | 6.7M | 4.8M | -2.7M | -4.8M | 11.4M |
| Gross margin | 39.1% | 21.7% | 28.8% | 38.4% | 33.1% | 26.2% | -42% | 16.8% | 10.8% | -9.24% | -37.5% | 33.1% |
| Research & development | — | — | — | — | — | — | — | — | — | — | — | — |
| Selling, general & administrative | 7.2M | 31.4M | 16.6M | 18.6M | 18.3M | 9.8M | 9.8M | 8.3M | 17.9M | 6.8M | 8.1M | 6.6M |
| Operating expenses | 18.5M | 41.4M | 26.4M | 31.6M | 25.1M | 17.8M | 17.9M | 16.1M | 27.8M | 15.2M | 17.3M | 14.2M |
| Operating income | -16.4M | -45.2M | -31.3M | -25.2M | -20M | -25.3M | -32.7M | -16M | -29.9M | -28.5M | -42.2M | -9.7M |
| Operating margin | -40.5% | -197.3% | -213.3% | -74.3% | -50.4% | -110.5% | -203.5% | -40.2% | -66.4% | -96.6% | -331.2% | -28.2% |
| Non-operating income, net | -719.2M | -13.7M | -10.6M | -6.6M | -9.1M | -18.2M | 170K | 782K | -2.8M | -6.8M | -1.3M | -1.1M |
| Pretax income | -736.2M | -59.7M | -43.4M | -35M | -32.3M | -41.3M | -31.5M | -14.4M | -32.9M | -36.5M | -43.8M | -10.1M |
| Income tax | 0 | -2.2M | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net income | -736.2M | -57.5M | -43.4M | -35M | -32.3M | -41.3M | -31.5M | -14.4M | -32.9M | -36.5M | -43.8M | -10.1M |
| Net margin | -1.8K% | -251.1% | -296.5% | -103.1% | -81.3% | -180.7% | -196.3% | -36.2% | -73% | -123.8% | -343.5% | -29.5% |
| EBITDA | -49.4M | -50.3M | -33.8M | -26.5M | -19.9M | -29.7M | -24.6M | -9.4M | -19M | -10.9M | -21.7M | -1.4M |
| EPS | -50.4 | — | -2.97 | -5.4 | -5.89 | -3.63 | -2.51 | -1.16 | -2.61 | -2.89 | -3.47 | -0.82 |
| Diluted EPS | -50.4 | — | -2.97 | -5.4 | -5.89 | -3.63 | -2.51 | -1.16 | -2.61 | -2.89 | -3.47 | -0.82 |
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 | — | — | — | — | — | 295.8M |
| Enterprise value | — | — | — | — | — | 285.9M |
| Shares outstanding | 14.6M | 14.6M | 14.6M | 9.1M | 12.7M | 12.7M |
| Metric | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | -2.51 |
| P/S | — | — | — | — | — | 2.42 |
| P/B | — | — | — | — | — | 0.73 |
| EV/EBITDA | — | — | — | — | — | -5.64 |
| EV/Sales | — | — | — | — | — | 2.34 |
| Earnings yield | — | — | — | — | — | -39.8% |
| FCF yield | — | — | — | — | — | 3.19% |
| PEG | — | — | — | — | — | 0.09 |
| Metric | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|
| Gross margin | 31.1% | 35.5% | 31.8% | 32.7% | 1.57% | 33.1% |
| Operating margin | -91.9% | -56% | -90.3% | -91.5% | -82.1% | -27.1% |
| Net margin | -97.9% | -93.5% | -743.1% | -137.3% | -88.4% | -100.8% |
| ROE | — | -10.2% | -223.3% | -26.7% | -24.7% | -26.2% |
| ROA | — | -8.47% | -139.4% | -20.5% | -17.7% | -9.43% |
| ROIC | — | -5.25% | -17.8% | -18.3% | -19.7% | -28.3% |
| Return on tangible assets | — | -8.78% | -149.3% | -21.5% | -18.6% | -23.2% |
| Metric | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|
| Current ratio | — | 3.51 | 2.79 | 8.78 | 9.12 | 5.94 |
| Quick ratio | — | 3.4 | 2.69 | 8.7 | 9.04 | 4.14 |
| Debt / equity | — | 0.17 | 0.53 | 0.26 | 0.33 | 0.23 |
| Debt / assets | — | 0.14 | 0.33 | 0.2 | 0.24 | 0.17 |
| Net debt / EBITDA | — | -3.08 | -1.46 | 0.15 | -1.23 | 0.45 |
| Interest coverage | -11.9 | -25.9 | -323.7 | -21.6 | — | — |
| Effective tax rate | 0% | 0% | 0% | 0% | 0% | 0% |
| Metric | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|
| Revenue per share | 5.65 | 8.15 | 7.92 | 12.2 | 10.3 | 9.58 |
| EPS (basic) | -5.53 | -7.61 | -58.8 | -16.8 | -9.18 | -9.18 |
| EPS (diluted) | -5.53 | -7.61 | -58.8 | -16.8 | -9.18 | -9.77 |
| Book value per share | — | 75 | 26.3 | 62.7 | 36.7 | 31.5 |
| FCF per share | -3.08 | -2.86 | -4.76 | -6.52 | -5.87 | -5.32 |
| Cash per share | — | 1.13 | 0.13 | 18.2 | 6.12 | 9.2 |
| Capex per share | 0.63 | 0.84 | 1.28 | 0.74 | — | — |
| Metric | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|
| Capex / revenue | 11.2% | 10.3% | 16.2% | 6.05% | — | — |
| Capex / operating cash flow | -23.6% | -19% | -2.33% | -6.67% | — | — |
| Payout ratio | — | — | — | — | — | 0% |
| Q3 25 |
|---|
| Q4 25 |
|---|
| Q1 26 |
|---|
| Q2 26 |
|---|
| Revenue | $40.5M | $22.9M | $14.7M | $33.9M | $39.7M | $22.8M | $16.1M | $39.8M | $45M | $29.5M | $12.7M | $34.3M |
| YoY change | — | — | -0.64% | -9.59% | -1.95% | -0.26% | +9.66% | +17.3% | +13.5% | +29.1% | -20.7% | -13.8% |
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 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|
| Cash & short-term investments | 16.4M | 1.8M | 165.7M | 77.8M |
| Receivables | 8.2M | 13.7M | 3.1M | 3.3M |
| Inventory | 2.5M | 2.7M | 1.9M | 2.3M |
| Total current assets | 81.7M | 75.9M | 190.9M | 249.2M |
| Property, plant & equipment | -98.9M | -152.8M | 38.7M | 45.1M |
| Goodwill & intangibles | 47.4M | 41.1M | 34.8M | 28.4M |
| Total assets | 1.3B | 616.8M | 743.6M | 650.1M |
| Accounts payable | 3.3M | 4.3M | 11M | 8M |
| Short-term debt | — | — | — | — |
| Total current liabilities | 23.3M | 27.2M | 21.7M | 27.3M |
| Long-term debt | 190.5M | 203.8M | 149.1M | 156.2M |
| Total liabilities | 218.3M | 231.9M | 172.2M | 183.7M |
| Shareholders' equity | 1.1B | 384.9M | 571.4M | 466.4M |
| Total debt | 190.5M | 203.8M | 149.1M | 156.2M |
| Net debt | 174.1M | 201.9M | -16.6M | 78.4M |
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 | 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 | 1.8M | 200.2M | 3.3M | 23.7M | 165.7M | 129.9M | 123.3M | 106.2M | 77.8M | 114.8M | 117.8M |
| Receivables | 13.7M | 11.3M | 11.3M | 2.7M | 3.1M | 3.4M | 4.4M | 4.5M | 3.3M | 3.1M | 2.3M |
| Inventory | 2.7M | — | 2.9M | 2.5M | 1.9M | 2.9M | 2.8M | 2.4M | 2.3M | 1.8M | 1.9M |
| Total current assets | 75.9M | 253.7M | 78.9M | 54.9M | 190.9M | 160.6M | 153.1M | 290.7M | 249.2M | 155.7M | 142M |
| Property, plant & equipment | -152.8M | -158.1M | -161.7M | -167.4M | 38.7M | 38.1M | 45.9M | 45.5M | 45.1M | 44.7M | 44.3M |
| Goodwill & intangibles | 41.1M | — | 19M | 18.2M | 34.8M | 16.6M | 15.8M | 15M | 28.4M | 13.4M | 12.6M |
| Total assets | 616.8M | 809.9M | 610.1M | 622.8M | 743.6M | 718.4M | 717.2M | 699.1M | 650.1M | 541.8M | 543.3M |
| Accounts payable | 4.3M | 23.8M | 6.7M | 16.8M | 11M | 9.1M | 11.2M | 23.5M | 8M | 6.4M | 17.1M |
| Short-term debt | — | — | — | — | — | — | — | — | — | — | — |
| Total current liabilities | 27.2M | 23.8M | 26.3M | 28.3M | 21.7M | 27.8M | 32.5M | 40.5M | 27.3M | 23.8M | 33.8M |
| Long-term debt | 203.8M | 150.2M | 203M | 150.2M | 149.1M | 148.9M | 156.4M | 156.9M | 156.2M | 95M | 94.1M |
| Total liabilities | 231.9M | 174M | 229.4M | 179.1M | 172.2M | 177.4M | 189.4M | 203.3M | 183.7M | 119M | 129.5M |
| Shareholders' equity | 384.9M | 635.9M | 380.7M | 443.7M | 571.4M | 541.1M | 527.8M | 495.7M | 466.4M | 422.8M | 413.8M |
| Total debt | 203.8M | 150.2M | 203M | 150.2M | 149.1M | 148.9M | 156.4M | 156.9M | 156.2M | 95M | 94.1M |
| Net debt | 201.9M | -50M | 199.6M | 126.4M | -16.6M | 19M | 33.1M | 50.7M | 78.4M | -19.9M | -23.7M |
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 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Net income | -80.9M | -111.3M | -838.1M | -152.6M | -115.3M |
| Depreciation & amortization | 41.6M | 47.4M | 48.4M | 34.8M | 32.2M |
| Stock-based compensation | 483K | 869K | 1.5M | 3.3M | 15.1M |
| Change in working capital | 2.4M | -6.3M | -16.1M | 13.7M | 5.5M |
| Operating cash flow | -39.1M | -64.4M | -805M | -100.9M | -49.7M |
| Capital expenditure | -9.2M | -12.2M | -18.7M | -6.7M | — |
| Investing cash flow | -10.4M | -112.3M | -64.3M | -40.8M | 685K |
| Dividends paid | — | — | — | — | — |
| Share repurchases | — | — | — | — | -206K |
| Financing cash flow | 184.2M | 237.4M | 136.2M | 279.6M | -7M |
| Net change in cash | 134.7M | 60.7M | -733.1M | 137.9M | -55.9M |
| Free cash flow | -45M | -41.8M | -69.5M | -59.4M | -74.7M |
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 | -736.2M | -36M | -44.1M | -35M | -32.3M | -41.3M | -31.5M | -14.4M | -32.9M | -36.5M | -43.8M | -10.1M |
| Depreciation & amortization | 13.6M | 8.4M | 8.1M | 5.3M | 7.7M | 13.7M | 8.1M | 6.6M | 6.9M | 10.6M | 20.1M | 6.8M |
| Stock-based compensation | 673K | 288K | 658K | -592K | 892K | 2.4M | 2M | 1.6M | 10.4M | 1.1M | 1.2M | 1.5M |
| Change in working capital | -18M | -6.3M | 5.3M | 1.6M | 3.9M | 2.8M | 2M | 5.8M | 2.9M | -5.1M | 9.2M | -1.3M |
| Operating cash flow | -739.5M | -33.5M | -30.1M | -28.7M | -19.9M | -22.2M | -19.2M | -754K | -5.3M | -23.1M | -10.3M | -1.4M |
| Capital expenditure | -5.3M | -4.2M | -1.9M | -462K | -658K | -3.7M | -14.3M | — | — | — | — | — |
| Investing cash flow | -15.2M | -15.6M | -16.6M | -2M | -5.9M | -16.4M | -13.6M | 0 | 0 | 0 | 136.1M | 0 |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | -72.3M | 44.9M | 47.7M | 27.2M | 40.2M | -1.3M | -870K | -1.6M | -914K | -3.4M | -62.3M | -1.5M |
| Net change in cash | -827M | -4.2M | 1M | -3.5M | 14.4M | -39.9M | -33.7M | -2.4M | -6.2M | -26.5M | 63.4M | -2.9M |
| Free cash flow | -25.5M | -26.8M | -20.7M | -20.8M | -9.5M | -8.5M | -34.8M | -4.4M | -9.6M | -25.9M | -16.4M | -16.2M |