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 % |
|---|---|---|---|---|---|---|
| Q1 26 | -$0.01 | -$0.02 | -100.0% | — | $38.7M | — |
| Q4 25 | -$0.01 | -$0.01 | 0.0% | — | $36.5M | — |
| Q3 25 | -$0.04 | -$0.03 | +25.0% | — | $36.2M | — |
| Q2 25 | -$0.03 | -$0.06 | -100.0% | — | $38.3M | — |
| Q1 25 | -$0.01 | -$0.05 | -400.0% | — | $41.3M | — |
| Q4 24 | -$0.03 | -$0.06 | -100.0% | — | $35.4M | — |
| Q3 24 | -$0.02 | -$0.02 | 0.0% | — | $40.5M | — |
| Q2 24 | -$0.01 | -$0.02 | -100.0% | — | $48.5M | — |
| Q1 24 | — | -$0.01 | — | — | $50.5M | — |
| Q4 23 | — | -$0.01 | — | — | $60.3M | — |
| Q3 23 | -$0.03 | -$0.04 | -33.3% | — | $58.1M | — |
| Q2 23 | -$0.04 | -$0.05 | -25.0% | — | $53.4M | — |
| Q1 23 | -$0.07 | -$0.07 | 0.0% | — | $65.1M | — |
| Q4 22 | -$0.1 | -$0.11 | -10.0% | — | $40.6M | — |
| Q3 22 | -$0.11 | -$0.13 | -18.2% | — | $47.5M | — |
| Q2 22 | -$0.11 | -$0.13 | -18.2% | — | $42.4M | — |
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 | — | -$0.32 | — | — | $152.3M | — |
| FY24 | — | -$0.17 | — | — | $174.9M | — |
| FY23 | — | -$0.17 | — | — | $236.8M | — |
| FY22 | — | -$0.49 | — | — | $167.8M | — |
| FY21 | — | -$0.96 | — |
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 | $52.5M | $110.6M | $167.8M | $236.8M | $174.9M | $152.3M |
| YoY change | — | +110.6% | +51.7% | +41.1% | -26.2% | -12.9% |
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 | 52.5M | 110.6M | 167.8M | 236.8M | 174.9M | 152.3M |
| Cost of revenue | 56.8M | 120.7M | 166.5M | 187.3M | 114.5M | 102.5M |
| Gross profit | -4.3M | -10.1M | 1.3M | 49.5M | 60.3M | 49.9M |
| Gross margin | -8.18% | -9.1% | 0.8% | 20.9% | 34.5% | 32.7% |
| Research & development | 9.4M | 21.6M | 29.4M | 28.8M | 29.4M | 26.2M |
| Selling, general & administrative | 22M | 40M | 76.2M | 63.9M | 72.7M | 62.7M |
| Operating expenses | 31.4M | 61.6M | 105.6M | 92.7M | 102.1M | 88.9M |
| Operating income | -35.7M | -71.7M | -104.3M | -43.2M | -41.8M | -39M |
| Operating margin | -68% | -64.8% | -62.1% | -18.2% | -23.9% | -25.6% |
| Non-operating income, net | -685K | 55K | 595K | -116K | 154K | -25.4M |
| Pretax income | -37M | -71.8M | -101.7M | -34.7M | -33.4M | -60.5M |
| Income tax | 149K | 115K | -5.4M | -108K | 267K | 41K |
| Net income | -37.1M | -72M | -96.3M | -34.6M | -33.6M | -60.6M |
| Net margin | -70.6% | -65% | -57.4% | -14.6% | -19.2% | -39.8% |
| EBITDA | -36.1M | -71.2M | -100M | -37.6M | -35.3M | -26.8M |
| EPS | -0.19 | -0.96 | -0.49 | -0.17 | -0.17 | -0.32 |
| Diluted EPS | -0.19 | -0.96 | -0.49 | -0.17 | -0.17 | -0.32 |
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 | 58.1M | 60.3M | 50.5M | 48.5M | 40.5M | 35.4M | 41.3M | 38.3M | 36.2M | 36.5M | 38.7M | 39.8M |
| Cost of revenue | 44.6M | 43.3M | 31.1M | 31.2M | 27.1M | 25.2M | 27.8M | 25.6M | 26.6M | 22.4M | 23.6M | 23.6M |
| Gross profit | 13.5M | 17M | 19.4M | 17.3M | 13.5M | 10.2M | 13.6M | 12.7M | 9.6M | 14.1M | 15.1M | 16.2M |
| Gross margin | 23.3% | 28.2% | 38.5% | 35.7% | 33.2% | 28.7% | 32.8% | 33.1% | 26.4% | 38.6% | 39.1% | 40.7% |
| Research & development | 7.6M | 7.5M | 8.4M | 7.5M | 6.6M | 6.9M | 8.3M | 6.5M | 6.1M | 5.4M | 6.1M | 5.6M |
| Selling, general & administrative | 15.9M | 15.4M | 21.2M | 16.7M | 18.6M | 16.2M | 21.7M | 17.9M | 10.4M | 12.7M | 14.1M | 17.1M |
| Operating expenses | 23.5M | 22.8M | 29.6M | 24.2M | 25.2M | 23.1M | 29.9M | 24.4M | 16.6M | 18M | 20.2M | 22.7M |
| Operating income | -9.9M | -5.8M | -10.2M | -6.9M | -11.7M | -13M | -16.4M | -11.7M | -7M | -4M | -5.1M | -6.5M |
| Operating margin | -17.1% | -9.68% | -20.1% | -14.3% | -29% | -36.6% | -39.6% | -30.5% | -19.4% | -10.9% | -13.2% | -16.2% |
| Non-operating income, net | -42K | -71K | 103K | 91K | -187K | 147K | -24.9M | -220K | -78K | -177K | -75K | -68K |
| Pretax income | -7.8M | -3.4M | -7.6M | -4.5M | -9.9M | -11.3M | -40.1M | -10.9M | -6.2M | -3.3M | -4.4M | -5.8M |
| Income tax | -33K | -86K | 45K | 68K | 18K | 136K | 108K | -33K | 56K | -90K | 40K | -162K |
| Net income | -7.7M | -3.3M | -7.7M | -4.6M | -9.9M | -11.4M | -40.2M | -10.9M | -6.3M | -3.2M | -4.4M | -5.6M |
| Net margin | -13.3% | -5.48% | -15.2% | -9.49% | -24.5% | -32.3% | -97.2% | -28.3% | -17.3% | -8.89% | -11.5% | -14.2% |
| EBITDA | -8.6M | -4.3M | -8.7M | -5.3M | -10.1M | -11.2M | 10.5M | -9.6M | -4.8M | -22.8M | -2.1M | -3.4M |
| EPS | -0.04 | — | -0.04 | -0.02 | -0.05 | -0.06 | -0.21 | -0.06 | -0.03 | -0.02 | -0.02 | -0.03 |
| Diluted EPS | -0.04 | — | -0.04 | -0.02 | -0.05 | -0.06 | -0.21 | -0.06 | -0.03 | -0.02 | -0.02 | -0.03 |
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 | — | — | — | 640.2M | 348.6M | 383.2M | 228M |
| Enterprise value | — | — | — | 425M | 213.1M | 284.4M | 140.6M |
| Shares outstanding | 193.7M | 74.7M | 195.6M | 200.7M | 199.2M | 189.7M | 189.7M |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | -3.75 |
| P/S | — | — | — | 2.7 | 1.99 | 2.52 | 1.51 |
| P/B | — | — | — | 1.87 | 1.2 | 1.65 | 1.01 |
| EV/EBITDA | — | — | — | -11.3 | -6.04 | -10.6 | -8.74 |
| EV/Sales | — | — | — | 1.79 | 1.22 | 1.87 | 0.93 |
| Earnings yield | — | — | — | — | — | — | -26.7% |
| FCF yield | — | — | — | 0.34% | -11.6% | -7.88% | 2.23% |
| PEG | — | — | — | — | — | — | 0.08 |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Gross margin | -8.18% | -9.1% | 0.8% | 20.9% | 34.5% | 32.7% | 40.7% |
| Operating margin | -68% | -64.8% | -62.1% | -18.2% | -23.9% | -25.6% | -16.2% |
| Net margin | -70.6% | -65% | -57.4% | -14.6% | -19.2% | -39.8% | -13% |
| ROE | -111.8% | -16% | -26.4% | -10.1% | -11.6% | -26.1% | -8.45% |
| ROA | -35.7% | -12.4% | -17.2% | -6.79% | -8.01% | -18.9% | -4.13% |
| ROIC | 5.8K% | -384% | -67.8% | -33.9% | -27.1% | -29.3% | -16.4% |
| Return on tangible assets | -38.8% | -13.2% | -37.3% | -16.5% | -28% | -80.2% | -38.9% |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Current ratio | 2.67 | 7.6 | 2.85 | 2.9 | 3.63 | 3.13 | 3.81 |
| Quick ratio | 2.13 | 7.13 | 2.28 | 2.55 | 3.13 | 2.69 | 3.3 |
| Debt / equity | 0.15 | — | — | — | 0.02 | 0.02 | 0.02 |
| Debt / assets | 0.05 | — | — | — | 0.02 | 0.02 | 0.02 |
| Net debt / EBITDA | 0.94 | — | — | — | 3.84 | 3.69 | 2.63 |
| Interest coverage | -65.1 | -287.8 | — | — | — | -159.1 | -159.1 |
| Effective tax rate | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Revenue per share | 0.27 | 1.48 | 0.86 | 1.18 | 0.88 | 0.8 | 0.79 |
| EPS (basic) | -0.19 | -0.96 | -0.49 | -0.17 | -0.17 | -0.32 | -0.32 |
| EPS (diluted) | -0.19 | -0.96 | -0.49 | -0.17 | -0.17 | -0.32 | -0.1 |
| Book value per share | 0.17 | 6.02 | 1.86 | 1.71 | 1.45 | 1.22 | 1.18 |
| FCF per share | -0.15 | -0.96 | -0.42 | 0.01 | -0.2 | -0.16 | -0.03 |
| Cash per share | 0.2 | 5.77 | 1.08 | 1.07 | 0.72 | 0.55 | 0.48 |
| Capex per share | 0 | 0.02 | 0.01 | 0 | 0.01 | 0.03 | 0.03 |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Capex / revenue | 0.57% | 1.33% | 0.66% | 0.06% | 1.01% | 3.33% | 3.55% |
| Capex / operating cash flow | -0.94% | -2.12% | -1.22% | 1.34% | -4.23% | -23.5% | -761.3% |
| Payout ratio | — | — | — | — | — | — | 0% |
| — |
| $110.6M |
| — |
| FY20 | — | -$0.19 | — | — | $52.5M | — |
| Q4 24 |
|---|
| Q1 25 |
|---|
| Q2 25 |
|---|
| Q3 25 |
|---|
| Q4 25 |
|---|
| Q1 26 |
|---|
| Q2 26 |
|---|
| Revenue | $58.1M | $60.3M | $50.5M | $48.5M | $40.5M | $35.4M | $41.3M | $38.3M | $36.2M | $36.5M | $38.7M | $39.8M |
| YoY change | +22.3% | +48.6% | -22.4% | -9.15% | -30.3% | -41.3% | -18.1% | -21% | -10.6% | +3.12% | -6.44% | +4.01% |
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 | 38.6M | 430.8M | 210.4M | 215.2M | 142.5M | 104.5M |
| Receivables | 20.8M | 45.5M | 62.4M | 61.9M | 59.3M | 47.4M |
| Inventory | 17.6M | 33.2M | 75.7M | 41.6M | 35.3M | 26.7M |
| Total current assets | 87.7M | 536M | 378.4M | 340.3M | 257.6M | 187.9M |
| Property, plant & equipment | 723K | 4.3M | 5.4M | 3.2M | 5.4M | 7M |
| Goodwill & intangibles | 8.3M | 32.5M | 302.9M | 300.3M | 300.2M | 245.4M |
| Total assets | 103.8M | 579.7M | 560.8M | 509.8M | 420.2M | 320.9M |
| Accounts payable | 2.3M | 6.1M | 18.4M | 15.1M | 8.7M | 13M |
| Short-term debt | 1.7M | — | — | — | — | — |
| Total current liabilities | 32.8M | 70.6M | 132.8M | 117.3M | 71M | 60M |
| Long-term debt | 3.2M | — | — | — | 7M | 5.8M |
| Total liabilities | 70.7M | 130.2M | 196.6M | 167.3M | 130.7M | 88.8M |
| Shareholders' equity | 33.2M | 449.5M | 364.2M | 342.4M | 289.4M | 232.1M |
| Total debt | 4.8M | — | — | — | 7M | 5.8M |
| Net debt | -33.8M | — | — | — | -135.5M | -98.8M |
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 | 211M | 215.2M | 204.7M | 187.4M | 163.4M | 142.5M | 125.6M | 105M | 100M | 104.5M | 98.8M | 92.7M |
| Receivables | 63.5M | 61.9M | 58.1M | 65.2M | 63M | 59.3M | 49.9M | 58.6M | 52.2M | 47.4M | 36.8M | 38.1M |
| Inventory | 47.5M | 41.6M | 30.9M | 34.4M | 35.9M | 35.3M | 33.2M | 33.4M | 28.1M | 26.7M | 24.4M | 21.3M |
| Total current assets | 344.1M | 340.3M | 319.5M | 313.8M | 285M | 257.6M | 227.9M | 217.5M | 201.5M | 187.9M | 168.6M | 162.4M |
| Property, plant & equipment | 3.8M | 3.2M | 2.7M | 2.3M | 4.7M | 5.4M | 8M | 8.1M | 7.6M | 7M | 6.6M | 6.3M |
| Goodwill & intangibles | 302.2M | 300.3M | 298.8M | 298.2M | 300.9M | 300.2M | 249.2M | 247.5M | 245.8M | 245.4M | 243.7M | 243.2M |
| Total assets | 515.6M | 509.8M | 485.5M | 475.3M | 448.6M | 420.2M | 366.1M | 354M | 335.8M | 320.9M | 300.2M | 293.7M |
| Accounts payable | 9M | 15.1M | 7.7M | 6.4M | 9.5M | 8.7M | 12.1M | 11.7M | 10.8M | 13M | 8.6M | 8.5M |
| Short-term debt | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current liabilities | 123.6M | 117.3M | 107M | 100.3M | 86M | 71M | 75.9M | 80.1M | 72.6M | 60M | 42.7M | 42.7M |
| Long-term debt | — | — | — | — | 7.3M | 7M | 6.7M | 6.4M | 6.1M | 5.8M | 5.5M | 5.2M |
| Total liabilities | 172.3M | 167.3M | 152.4M | 146M | 143.5M | 130.7M | 115.4M | 115.1M | 101.4M | 88.8M | 69.6M | 68.6M |
| Shareholders' equity | 343.3M | 342.4M | 333.1M | 329.4M | 305.1M | 289.4M | 250.7M | 238.8M | 234.4M | 232.1M | 230.7M | 225.1M |
| Total debt | — | — | — | — | 7.3M | 7M | 6.7M | 6.4M | 6.1M | 5.8M | 5.5M | 5.2M |
| Net debt | — | — | — | — | -156.1M | -135.5M | -118.9M | -98.6M | -93.9M | -98.8M | -93.4M | -87.4M |
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 | -37.1M | -72M | -96.3M | -34.6M | -33.6M | -60.6M |
| Depreciation & amortization | 295K | 463K | 4.3M | 5.5M | 6.5M | 8.4M |
| Stock-based compensation | 1.8M | 8.1M | 13.7M | 13.3M | 12.1M | 8.8M |
| Change in working capital | -467K | -6.8M | -13.8M | 23M | -32.3M | -2.1M |
| Operating cash flow | -31.6M | -69.5M | -91M | 10.9M | -41.8M | -21.6M |
| Capital expenditure | -298K | -1.5M | -1.1M | -147K | -1.8M | -5.1M |
| Investing cash flow | -2.7M | -9.4M | -130.8M | -2.4M | -1.8M | -5.1M |
| Dividends paid | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | -28.6M | -4.9M |
| Financing cash flow | 36.2M | 473.3M | -4.1M | -3.6M | -32.1M | -7.7M |
| Net change in cash | 2M | 394.4M | -225.9M | 4.9M | -75.6M | -34.4M |
| Free cash flow | -28.8M | -71.8M | -82.2M | 2.2M | -40.5M | -30.2M |
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 | -7.7M | -3.3M | -7.7M | -4.6M | -9.9M | -11.4M | -40.2M | -10.9M | -6.3M | -3.2M | -4.4M | -5.6M |
| Depreciation & amortization | 1.4M | 1.5M | 1.5M | 1.6M | 1.6M | 1.8M | 1.9M | 2.1M | 2.2M | 2.2M | 2.2M | 2.3M |
| Stock-based compensation | 3.3M | 3M | 3.3M | 3.3M | 3M | 2.5M | 2.8M | 2.2M | 2.1M | 1.7M | 3.1M | 3.2M |
| Change in working capital | 7.4M | 335K | -414K | -17.8M | -7.4M | -6.7M | 434K | -11.6M | 2.3M | 6.8M | 141K | -5.2M |
| Operating cash flow | 4.8M | 2.4M | 2.3M | -17.2M | -10M | -16.8M | -34.6M | -14.9M | -2.1M | 7.7M | -4.5M | -1.7M |
| Capital expenditure | -67K | -31K | -34K | -241K | -249K | -1.2M | -2.2M | -1.1M | -1M | -1.7M | -1.1M | -1.6M |
| Investing cash flow | -67K | -2.3M | -34K | -241K | -249K | -1.2M | -2.2M | -1.1M | -1M | -1.7M | -1.1M | -1.6M |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | 0 | — | -4.4M | -2M | -17.1M | -5.1M | -1.2M | -3.7M | 0 | 29K | 0 | -3.4M |
| Financing cash flow | -421K | -419K | -6.8M | -2.4M | -17.7M | -5.2M | -1.7M | -3.8M | -1.8M | -448K | -559K | -3.6M |
| Net change in cash | 4.3M | -343K | -4.6M | -19.8M | -27.9M | -23.3M | -38.5M | -19.8M | -5M | 5.5M | -6.2M | -6.9M |
| Free cash flow | 13.3M | 6.9M | -4.3M | -14.9M | -6.7M | -14.6M | -15.6M | -17.3M | -3.2M | 6M | -5.6M | -3.5M |