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 25 | -$0.34 | -$0.52 | -52.9% | — | $23.8M | — |
| Q3 24 | -$0.1 | -$0.24 | -140.0% | — | $21.4M | — |
| Q2 24 | -$0.07 | -$0.15 | -114.3% | — | $22.5M | — |
| Q1 23 | — | -$0.05 | — | — | $18.1M | — |
| Q4 22 | — | -$0.08 | — | — | $7.1M | — |
| Q3 22 | — | -$0.09 | — | — | $5.1M | — |
| Q2 22 | -$0.17 | -$0.08 | +52.9% | — | $0 | — |
| Q1 22 | -$0.17 | -$0.08 | +52.9% | — | $0 | — |
| Q4 21 | -$0.11 | -$0.05 | +54.5% | — | $8M | — |
| Q3 21 | -$0.1 | -$0.05 | +50.0% | — | $3.2M | — |
| Q2 21 | -$0.05 | -$0.08 | -60.0% | — | $3.7M | — |
| Q1 21 | -$0.04 | -$0.07 | -75.0% | — | $675K | — |
| Q4 20 | -$0.09 | -$0.06 | +33.3% | — | $10.9M | — |
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 | — | -$1.44 | — | — | $111.8M | — |
| FY24 | — | -$3.82 | — | — | $82.1M | — |
| FY23 | — | -$3.58 | — | — | $79.9M | — |
| FY22 | — | -$5.28 | — | — | $23.2M | — |
| FY21 | — | $1.68 | — | — |
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 | $7.2M | $20.3M | $0 | $23.2M | $79.9M | $82.1M | $111.8M |
| YoY change | — | +181.9% | -100% | +InfinityT% | +244.3% | +2.81% | +36.2% |
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 | 7.2M | 20.3M | 0 | 23.2M | 79.9M | 82.1M | 111.8M |
| Cost of revenue | 8.1M | 17.6M | 0 | 9.9M | 37.8M | 40M | 38.9M |
| Gross profit | -860K | 2.7M | 0 | 13.2M | 42M | 42.1M | 72.9M |
| Gross margin | -11.9% | 13.5% | — | 57.1% | 52.7% | 51.3% | 65.2% |
| Research & development | 2.9M | 4.4M | 10.8M | — | — | — | — |
| Selling, general & administrative | 9.8M | 13.6M | 35.1M | 73.1M | 56.1M | 58.9M | 55.1M |
| Operating expenses | 12.7M | 18M | 45.9M | 73.1M | 56.1M | 58.9M | 55.1M |
| Operating income | -13.6M | -15.3M | -35.1M | -59.9M | -14.1M | -16.8M | 17.8M |
| Operating margin | -188.1% | -75.2% | — | -258.1% | -17.6% | -20.4% | 15.9% |
| Non-operating income, net | 819K | -38.9M | 87.7M | 17.3M | -26M | -35.8M | -13.2M |
| Pretax income | -14.9M | -60.6M | 52.6M | -52.7M | -62.5M | -70.1M | -25.6M |
| Income tax | — | — | — | — | — | — | — |
| Net income | -14.9M | -60.6M | 28.8M | -92.8M | -66.6M | -70.1M | -25.7M |
| Net margin | -206.5% | -298% | — | -400.1% | -83.4% | -85.3% | -23% |
| EBITDA | -13.3M | -14.7M | -34.5M | -50.6M | 28.4M | 27.8M | 68M |
| EPS | -0.92 | -1.56 | 1.68 | -5.28 | -3.58 | -3.82 | -1.44 |
| Diluted EPS | -0.92 | -1.56 | 1.52 | -5.28 | -3.58 | -3.82 | -1.44 |
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 | 23.3M | 15.7M | 18.3M | 22.5M | 21.4M | 20.2M | 23.8M | 33.2M | 30.7M | 24M | 23.4M | 30.3M |
| Cost of revenue | 9.8M | 11.6M | 8.9M | 10.1M | 9.7M | 11.5M | 11.2M | 9.4M | 9.3M | 9M | 8.4M | 9.8M |
| Gross profit | 13.4M | 4.1M | 9.4M | 12.3M | 11.7M | 8.8M | 12.6M | 23.8M | 21.4M | 15.1M | 15M | 20.6M |
| Gross margin | 57.8% | 26.4% | 51.5% | 54.9% | 54.8% | 43.3% | 53.1% | 71.6% | 69.6% | 62.7% | 64% | 67.8% |
| Research & development | — | — | — | — | — | — | — | — | — | — | — | — |
| Selling, general & administrative | 12.4M | 12M | 13.5M | 16.7M | 13.5M | 15.5M | 14.1M | 15.1M | 12.9M | 13M | 11.6M | 11.3M |
| Operating expenses | 12.4M | 12M | 13.5M | 16.7M | 13.5M | 15.5M | 14.1M | 15.1M | 12.9M | 13M | 11.6M | 11.3M |
| Operating income | 1M | -7.9M | -4M | -4.4M | -1.8M | -6.7M | -1.5M | 8.7M | 8.4M | 2.1M | 3.4M | 9.3M |
| Operating margin | 4.51% | -50.2% | -22.1% | -19.4% | -8.42% | -33.2% | -6.14% | 26.2% | 27.5% | 8.74% | 14.5% | 30.7% |
| Non-operating income, net | -17.1M | -17M | 7.2M | -2.1M | -46.6M | 5.7M | -6.4M | -3.9M | -1.5M | -1.4M | 1.2M | 2.2M |
| Pretax income | -19M | -30.3M | -2.4M | -8.8M | -53.5M | -5.5M | -15.3M | -2.9M | -677K | -6.8M | -2.9M | 3.5M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — |
| Net income | -19.2M | -30.2M | -2.5M | -8.6M | -53.6M | -5.5M | -15.3M | -2.9M | -714K | -6.8M | -2.9M | 3.5M |
| Net margin | -82.4% | -192.4% | -13.4% | -38.1% | -250.5% | -27.1% | -64.3% | -8.63% | -2.32% | -28.4% | -12.2% | 11.4% |
| EBITDA | 15.2M | 16.9M | 6.9M | 6.3M | 9.7M | 4.8M | 10.6M | 20M | 21.4M | 13.7M | 15.7M | 21.7M |
| EPS | -1.11 | — | -0.13 | -0.45 | -2.88 | -0.32 | -0.84 | -0.17 | -0.05 | -0.38 | -0.16 | 0.16 |
| Diluted EPS | -1.11 | — | -0.13 | -0.45 | -2.88 | -0.32 | -0.84 | -0.17 | -0.05 | -0.38 | -0.16 | 0.14 |
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 | 161.5M | 389.7M | 57.3M | 16.4M | 81.3M | 54.9M | 92M | 34.8M |
| Enterprise value | 171.9M | 60.2M | -294.2M | 299.1M | 565.6M | 693.1M | 719M | 658.7M |
| Shares outstanding | 16.2M | 16.4M | 17.3M | 17.8M | 18.4M | 18.5M | 18.1M | 18.1M |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| P/E | — | — | 1.99 | — | — | — | — | -1.25 |
| P/S | 22.4 | 19.2 | — | 0.71 | 1.02 | 0.67 | 0.82 | 0.34 |
| P/B | -11.8 | 2.06 | 0.16 | 0.06 | 0.38 | 0.38 | 0.76 | 0.31 |
| EV/EBITDA | -13 | -4.11 | 8.54 | -5.91 | 19.9 | 24.9 | 10.6 | 12.6 |
| EV/Sales | 23.8 | 2.96 | — | 12.9 | 7.08 | 8.44 | 6.43 | 6.07 |
| Earnings yield | — | — | 50.3% | — | — | — | — | -80% |
| FCF yield | -7.17% | -5.14% | -84.7% | -387.3% | -42% | -76.9% | -4.08% | 38.8% |
| PEG | — | — | — | — | — | — | — | 0.01 |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Gross margin | -11.9% | 13.5% | — | 57.1% | 52.7% | 51.3% | 65.2% | 67.8% |
| Operating margin | -188.1% | -75.2% | — | -258.1% | -17.6% | -20.4% | 15.9% | 30.7% |
| Net margin | -206.5% | -298% | — | -400.1% | -83.4% | -85.3% | -23% | -6.76% |
| ROE | 108.8% | -32.1% | 7.96% | -32.1% | -31% | -47.9% | -21.2% | -5.47% |
| ROA | -161.1% | -17.5% | 7.32% | -11.2% | -7.44% | -7.8% | -3.07% | 1.78% |
| Return on tangible assets | -224% | -17.6% | 7.36% | -16.3% | -8.15% | -7.96% | -3.13% | -0.86% |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Current ratio | 0.46 | 38 | 22.5 | 4.61 | 2.84 | 2.29 | 0.49 | 0.4 |
| Quick ratio | 0.31 | 37.6 | 21.6 | 4.61 | 2.84 | 2.29 | 0.49 | 0.4 |
| Debt / equity | -1 | 0 | 0 | 1.74 | 2.91 | 4.87 | 5.62 | 5.43 |
| Debt / assets | 1.49 | 0 | 0 | 0.61 | 0.7 | 0.79 | 0.81 | 0.82 |
| Net debt / EBITDA | -0.78 | 22.5 | 10.2 | -5.58 | 17.1 | 23 | 9.22 | 8.58 |
| Interest coverage | -5.93 | -8.51 | 1.3K | -3.62 | -0.49 | -0.74 | 0.5 | 0.86 |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Revenue per share | 0.44 | 1.24 | 0 | 1.3 | 4.34 | 4.45 | 6.19 | 5.95 |
| EPS (basic) | -0.92 | -1.56 | 1.68 | -5.28 | -3.58 | -3.82 | -1.44 | -1.44 |
| EPS (diluted) | -0.92 | -1.56 | 1.52 | -5.28 | -3.58 | -3.82 | -1.44 | -0.39 |
| Book value per share | -0.84 | 11.5 | 20.9 | 16.2 | 11.7 | 7.91 | 6.71 | 6.25 |
| FCF per share | -0.71 | -1.22 | -2.8 | -3.56 | -1.86 | -2.28 | -0.21 | 0.08 |
| Cash per share | 0.21 | 20.1 | 20.3 | 12.4 | 7.69 | 3.94 | 3.04 | 2.55 |
| Capex per share | 0 | 0.01 | 0 | 0 | 0.03 | 0.31 | — | — |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Capex / revenue | 0.39% | 0.71% | — | 0% | 0.62% | 6.99% | — | — |
| Capex / operating cash flow | -0.27% | -0.24% | 0% | 0% | -1.12% | -9.53% | — | — |
| Payout ratio | -0.07% | 0% | 0% | — | — | — | — | 0% |
| Dividend yield | 0.01% | 0% | 0% | — | — | — | — | — |
| $0 |
| — |
| FY20 | — | -$1.56 | — | — | $20.3M | — |
| FY19 | — | -$0.92 | — | — | $7.2M | — |
| Q1 24 |
|---|
| Q2 24 |
|---|
| Q3 24 |
|---|
| Q4 24 |
|---|
| Q1 25 |
|---|
| Q2 25 |
|---|
| Q3 25 |
|---|
| Q4 25 |
|---|
| Q1 26 |
|---|
| Q2 26 |
|---|
| Revenue | $23.3M | $15.7M | $18.3M | $22.5M | $21.4M | $20.2M | $23.8M | $33.2M | $30.7M | $24M | $23.4M | $30.3M |
| YoY change | +357.7% | +122.4% | +1.06% | -1.46% | -8.05% | +28.8% | +30.2% | +47.9% | +43.7% | +18.8% | -1.67% | -8.7% |
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 | 3.4M | 329.6M | 351.7M | 220.3M | 141.4M | 72.8M | 54.8M |
| Receivables | 1.2M | 10.6M | 0 | 8.3M | 9.2M | 15M | 15.7M |
| Inventory | 2.2M | 3.6M | 15.3M | — | — | — | — |
| Total current assets | 7.1M | 345.3M | 374.6M | 275M | 203.3M | 136.4M | 115.9M |
| Property, plant & equipment | 840K | 579K | 398K | 399M | 490.3M | 593.8M | 565.6M |
| Goodwill & intangibles | 2.6M | 2.2M | 1.9M | 257.1M | 77.9M | 17.9M | 15.7M |
| Total assets | 9.2M | 347M | 393.2M | 826.6M | 895M | 898.5M | 837.3M |
| Accounts payable | 549K | 4.4M | 697K | 2.9M | 1.1M | 987K | 1.9M |
| Short-term debt | 11.9M | 110K | 51K | 26.1M | 29.1M | 29.2M | 214.8M |
| Total current liabilities | 15.5M | 9.1M | 16.6M | 59.7M | 71.7M | 59.6M | 238.8M |
| Long-term debt | 1.8M | 98K | 91K | 476.9M | 596.6M | 681.9M | 467.1M |
| Total liabilities | 22.9M | 158.1M | 31.4M | 537.6M | 680.4M | 752.3M | 716M |
| Shareholders' equity | -13.7M | 188.9M | 361.8M | 289M | 214.7M | 146.2M | 121.3M |
| Total debt | 13.7M | 208K | 142K | 503M | 625.7M | 711.1M | 681.9M |
| Net debt | 10.3M | -329.4M | -351.5M | 282.7M | 484.3M | 638.3M | 627.1M |
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 | 154.2M | 141.4M | 120.6M | 116.6M | 113.7M | 72.8M | 61.9M | 53.5M | 53.6M | 54.8M | 50M | 44.7M |
| Receivables | 12.6M | 9.2M | 11M | 13.3M | 11.5M | 15M | 19.5M | 19.4M | 18.1M | 15.7M | 18.8M | 25.7M |
| Inventory | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 228.6M | 203.3M | 178.2M | 178.9M | 173M | 136.4M | 125.9M | 119.3M | 125.4M | 115.9M | 111.3M | 114.3M |
| Property, plant & equipment | 494.6M | 490.3M | 483.5M | 476.6M | 469.7M | 593.8M | 587.4M | 582.2M | 573.7M | 565.6M | 557.1M | 548.6M |
| Goodwill & intangibles | 78M | 77.9M | 77.3M | 76.7M | 18.5M | 17.9M | 17.4M | 16.8M | 16.2M | 15.7M | 15.1M | 14.5M |
| Total assets | 940.1M | 895M | 867.9M | 858.4M | 806.8M | 898.5M | 878M | 862.6M | 857.1M | 837.3M | 824.4M | 818.4M |
| Accounts payable | 1.2M | 1.1M | 769K | 1.4M | 858K | 987K | 775K | 952K | 1.5M | 1.9M | 1.1M | 1.4M |
| Short-term debt | 28.8M | 29.1M | 29.3M | 29.4M | 29.3M | 29.2M | 29.2M | 216.5M | 219.4M | 214.8M | 208.9M | 270.6M |
| Total current liabilities | 81.8M | 71.7M | 53.2M | 53.8M | 62.8M | 59.6M | 59.4M | 239.5M | 247.1M | 238.8M | 231M | 289.4M |
| Long-term debt | 605.6M | 596.6M | 590.8M | 589.7M | 582.1M | 681.9M | 676.4M | 484.1M | 471.2M | 467.1M | 464.3M | 396.7M |
| Total liabilities | 696M | 680.4M | 654.9M | 653.9M | 655.1M | 752.3M | 747.2M | 735.2M | 729.7M | 716M | 705M | 695.5M |
| Shareholders' equity | 244.1M | 214.7M | 213M | 204.6M | 151.6M | 146.2M | 130.8M | 127.4M | 127.3M | 121.3M | 119.3M | 122.9M |
| Total debt | 634.5M | 625.7M | 620.1M | 619.2M | 611.4M | 711.1M | 705.6M | 700.6M | 690.6M | 681.9M | 673.2M | 667.2M |
| Net debt | 480.3M | 484.3M | 499.6M | 502.6M | 497.7M | 638.3M | 643.7M | 647.1M | 637M | 627.1M | 623.1M | 622.6M |
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 | -14.9M | -60.6M | 52.6M | -52.7M | -62.5M | -70.1M | -25.6M |
| Depreciation & amortization | 319K | 622K | 0 | 6.5M | 21.6M | 21.3M | 30.2M |
| Stock-based compensation | 208K | 978K | 7.9M | 10M | 2.9M | 2.7M | 3M |
| Change in working capital | 2.1M | -6.7M | -10.9M | -2.3M | -1.3M | -2.4M | -905K |
| Operating cash flow | -10.6M | -60.3M | 49M | -37.5M | -44.6M | -60.2M | -3.5M |
| Capital expenditure | -28K | -145K | 0 | 0 | -499K | 5.7M | — |
| Investing cash flow | -28K | -145K | -3M | -30.3M | -17.1M | -101.4M | 19.4M |
| Dividends paid | -10K | 0 | 0 | — | — | — | — |
| Share repurchases | — | — | — | 0 | -5.4M | -853K | -1.8M |
| Financing cash flow | 6.6M | 342.8M | 75K | -19.7M | -17.8M | 79.3M | -37.3M |
| Net change in cash | -4M | 282.3M | 46.1M | -87.5M | -79.5M | -82.3M | -21.4M |
| Free cash flow | -11.6M | -20M | -48.5M | -63.5M | -34.2M | -42.2M | -3.8M |
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 | -19M | -30.3M | -2.4M | -8.8M | -53.4M | -5.5M | -15.3M | -2.8M | -659K | -6.8M | -2.9M | 3.5M |
| Depreciation & amortization | 5.6M | 5.1M | 5.2M | 5.2M | 5.2M | 5.6M | 6.8M | 6.1M | 7.8M | 7.3M | 7.5M | 7.7M |
| Stock-based compensation | 660K | 836K | 821K | 236K | 702K | 953K | 826K | 569K | 727K | 839K | 1M | 163K |
| Change in working capital | -2.3M | 5.2M | -2.5M | -576K | 945K | -280K | -5.5M | -347K | 2.1M | 2.9M | -4.2M | -6.8M |
| Operating cash flow | -19.8M | -17M | -1.1M | -6.2M | -50.2M | -2.7M | -16.1M | -2.3M | 11.2M | -3.3M | -2.7M | -3.2M |
| Capital expenditure | -161K | -214K | 1.2M | -1.3M | -2.9M | 5.9M | 1.3M | — | — | — | — | — |
| Investing cash flow | -10.6M | 8.1M | 6.9M | 6.5M | 7.1M | -120.1M | 4.2M | 3M | 7.1M | 6.3M | 3.9M | 5.5M |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | -3.5M | -305K | — | 0 | 0 | -853K | -808K | -1M | 0 | 0 | 0 | 0 |
| Financing cash flow | 8.7M | -10.4M | -6.8M | -132.2M | -9.1M | 97.4M | -7.7M | -7.8M | -11.5M | -10.2M | -10.2M | -8M |
| Net change in cash | -21.7M | -19.4M | -931K | -131.8M | -52.2M | -25.4M | -19.7M | -7.1M | 6.8M | -7.2M | -9M | -5.7M |
| Free cash flow | 2.2M | -13.7M | -22.3M | -5.2M | -1.1M | -13.6M | -9.2M | -2.4M | 11.2M | -3.3M | -2.7M | -3.2M |