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 | -$0.04 | 0.0% | — | $18.1M | — |
| Q1 26 | -$0.06 | -$0.05 | +16.7% | — | $16.9M | — |
| Q4 25 | -$0.04 | -$0.04 | 0.0% | — | $19.4M | — |
| Q3 25 | -$0.06 | -$0.04 | +33.3% | — | $17.3M | — |
| Q2 25 | -$0.03 | -$0.04 | -33.3% | — | $17.1M | — |
| Q1 25 | -$0.03 | -$0.03 | 0.0% | — | $16.8M | — |
| Q4 24 | -$0.03 | -$0.02 | +33.3% | — | $16.7M | — |
| Q3 24 | -$0.07 | -$0.03 | +57.1% | — | $16M | — |
| Q2 24 | -$0.08 | -$0.04 | +50.0% | — | $13.6M | — |
| Q1 24 | -$0.01 | -$0.06 | -500.0% | — | $11.6M | — |
| Q4 23 | -$0.02 | $0.06 | +400.0% | — | $21.9M | — |
| Q3 23 | -$0.07 | -$0.08 | -14.3% | — | $14.2M | — |
| Q1 23 | -$0.07 | -$0.03 | +57.1% | — | $23.9M | — |
| Q4 22 | -$0.08 | -$0.03 | +62.5% | — | $23.5M | — |
| Q3 22 | -$0.09 | -$0.02 | +77.8% | — | $23.1M | — |
| Q2 22 | -$0.09 | -$0.08 | +11.1% | — | $22.5M | — |
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 | — | -$0.31 | — | — | $70.6M | — |
| FY24 | — | -$0.35 | — | — | $57.9M | — |
| FY23 | — | -$0.19 | — | — | $84.2M | — |
| FY22 | — | -$0.28 | — | — | $90.7M | — |
| FY21 | — | -$1.15 |
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 | $60M | $56.9M | $70.7M | $90.7M | $84.2M | $57.9M | $70.6M |
| YoY change | — | -5.21% | +24.2% | +28.3% | -7.22% | -31.3% | +22.1% |
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 | 60M | 56.9M | 70.7M | 90.7M | 84.2M | 57.9M | 70.6M |
| Cost of revenue | 12.6M | 13.4M | 20.1M | 27.3M | 31.6M | 23.6M | 26.5M |
| Gross profit | 47.5M | 43.5M | 50.6M | 63.4M | 52.6M | 34.3M | 44.1M |
| Gross margin | 79% | 76.4% | 71.6% | 69.9% | 62.5% | 59.2% | 62.4% |
| Research & development | 52.7M | 44.7M | 46.9M | 58.2M | 48.2M | 40.5M | 42.7M |
| Selling, general & administrative | 22.7M | 21.5M | 30.8M | 33.6M | 31.3M | 34.8M | 35.7M |
| Operating expenses | 75.4M | 66.3M | 77.6M | 91.8M | 79.5M | 75.2M | 78.3M |
| Operating income | -28M | -22.8M | -27.1M | -28.4M | -26.9M | -41M | -34.2M |
| Operating margin | -46.6% | -40% | -38.3% | -31.3% | -32% | -70.8% | -48.5% |
| Non-operating income, net | 378K | 2.5M | 1.1M | -1.5M | 635K | -1.6M | -1.3M |
| Pretax income | -25.5M | -19.5M | -26.1M | -27.2M | -19.6M | -36.5M | -31.4M |
| Income tax | 414K | 164K | 407K | 451K | 112K | 96K | 158K |
| Net income | -25.9M | -19.6M | -26.5M | -27.7M | -19.7M | -36.6M | -31.6M |
| Net margin | -43.2% | -34.5% | -37.5% | -30.5% | -23.4% | -63.2% | -44.7% |
| EBITDA | -24.8M | -20.8M | -26.3M | -22.6M | -24.2M | -32.3M | -27M |
| EPS | -3.37 | -2.91 | -1.15 | -0.28 | -0.19 | -0.35 | -0.31 |
| Diluted EPS | -3.37 | -2.91 | -1.15 | -0.28 | -0.19 | -0.35 | -0.31 |
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 | 14.2M | 21.9M | 11.6M | 13.6M | 16M | 16.7M | 16.8M | 17.1M | 17.3M | 19.4M | 16.9M | 18.1M |
| Cost of revenue | 5.8M | 8.4M | 4.7M | 5.3M | 7M | 6.6M | 6.2M | 6.2M | 6.4M | 7.7M | 6.4M | 7M |
| Gross profit | 8.3M | 13.5M | 6.8M | 8.3M | 9M | 10.1M | 10.6M | 10.8M | 10.9M | 11.7M | 10.5M | 11.1M |
| Gross margin | 58.9% | 61.7% | 59% | 61.4% | 56.4% | 60.4% | 62.9% | 63.5% | 63% | 60.5% | 62.2% | 61.5% |
| Research & development | 13.4M | 8.6M | 10.1M | 10M | 10.3M | 10.1M | 10.6M | 10.2M | 10.8M | 11.1M | 10.3M | 10.1M |
| Selling, general & administrative | 7.9M | 6.6M | 8M | 7.8M | 10.7M | 8.3M | 9.3M | 8.9M | 7.4M | 10.1M | 9.4M | 9M |
| Operating expenses | 21.3M | 15.3M | 18.1M | 17.7M | 21M | 18.4M | 19.9M | 19.1M | 18.2M | 21.2M | 19.7M | 19.1M |
| Operating income | -12.9M | -1.7M | -11.3M | -9.4M | -12M | -8.3M | -9.3M | -8.2M | -7.3M | -9.4M | -9.2M | -7.9M |
| Operating margin | -91.3% | -7.91% | -97.7% | -69% | -74.6% | -50% | -55.2% | -48.2% | -42.1% | -48.6% | -54.7% | -43.9% |
| Non-operating income, net | 89K | -983K | 25K | -763K | -261K | -1.4M | -174K | 837K | -991K | -195K | 128K | -780K |
| Pretax income | -12.5M | 2.8M | -10M | -8.9M | -10.3M | -7.3M | -8.2M | -7.2M | -7.3M | -8.7M | -8.3M | -8M |
| Income tax | 16K | 51K | 17K | 21K | 14K | 44K | 93K | 21K | 14K | 30K | 27K | 29K |
| Net income | -12.5M | 2.8M | -10M | -8.9M | -10.4M | -7.3M | -8.3M | -7.2M | -7.3M | -8.8M | -8.3M | -8.1M |
| Net margin | -88.2% | 12.7% | -86.9% | -65.2% | -64.6% | -43.9% | -49.4% | -42.1% | -42.2% | -45.2% | -49.2% | -44.5% |
| EBITDA | -12.6M | 1.4M | -10.9M | -7.6M | -10.9M | -1.6M | -8.3M | -8.3M | -5.6M | -7.8M | -7.8M | -6.6M |
| EPS | -0.12 | — | -0.1 | -0.08 | -0.1 | -0.07 | -0.08 | -0.07 | -0.07 | -0.09 | -0.08 | -0.08 |
| Diluted EPS | -0.12 | — | -0.1 | -0.08 | -0.1 | -0.07 | -0.08 | -0.07 | -0.07 | -0.09 | -0.08 | -0.08 |
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 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Market cap | — | — | — | — | 249.9M | 274.2M | 146.5M | 196M |
| Enterprise value | — | — | — | — | 109.8M | 150.9M | 62.1M | 128.2M |
| Shares outstanding | 11.7M | 11.7M | 33M | 97.8M | 102M | 105.5M | 103.1M | 103.1M |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | — | -5.97 |
| P/S | — | — | — | — | 2.97 | 4.74 | 2.07 | 2.73 |
| P/B | — | — | — | — | 1.52 | 1.92 | 1.4 | 2.02 |
| EV/EBITDA | — | — | — | — | -4.54 | -4.68 | -2.3 | -4.11 |
| EV/Sales | — | — | — | — | 1.3 | 2.61 | 0.88 | 1.79 |
| Earnings yield | — | — | — | — | — | — | — | -16.8% |
| FCF yield | — | — | — | — | -3.02% | -0.31% | -9.41% | -3.56% |
| PEG | — | — | — | — | — | — | — | -0.42 |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Gross margin | 79% | 76.4% | 71.6% | 69.9% | 62.5% | 59.2% | 62.4% | 61.5% |
| Operating margin | -46.6% | -40% | -38.3% | -31.3% | -32% | -70.8% | -48.5% | -43.9% |
| Net margin | -43.2% | -34.5% | -37.5% | -30.5% | -23.4% | -63.2% | -44.7% | -45.2% |
| ROE | — | 23.9% | -14.6% | -16.5% | -12% | -25.6% | -30.1% | -30.4% |
| ROA | — | -24.8% | -13.1% | -14.1% | -10.9% | -21.3% | -23.4% | -15.7% |
| ROIC | — | 15.8% | -345.3% | -126.1% | -111% | -211.7% | -165.9% | -156.6% |
| Return on tangible assets | — | -24.8% | -13.1% | -14.1% | -10.9% | -23% | -25.6% | -28.4% |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Current ratio | — | 6.84 | 12.7 | 7.6 | 11 | 7.57 | 5.17 | 5.21 |
| Quick ratio | — | 6.56 | 12.1 | 6.64 | 10.1 | 7.07 | 4.73 | 4.62 |
| Debt / equity | — | — | 0 | 0.02 | 0.01 | 0.05 | 0.08 | 0.08 |
| Debt / assets | — | — | 0 | 0.02 | 0.01 | 0.04 | 0.06 | 0.06 |
| Net debt / EBITDA | — | — | 6.63 | 6.41 | 5.79 | 3.82 | 3.12 | 2.72 |
| Interest coverage | -233.3 | -608 | -842.1 | — | — | -639.5 | -287.4 | -659 |
| Effective tax rate | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Revenue per share | 5.14 | 4.88 | 2.14 | 0.93 | 0.83 | 0.55 | 0.68 | 0.69 |
| EPS (basic) | -3.37 | -2.91 | -1.15 | -0.28 | -0.19 | -0.35 | -0.31 | -0.31 |
| EPS (diluted) | -3.37 | -2.91 | -1.15 | -0.28 | -0.19 | -0.35 | -0.31 | -0.31 |
| Book value per share | — | -7.04 | 5.52 | 1.71 | 1.61 | 1.35 | 1.02 | 0.9 |
| FCF per share | -1.97 | -1.75 | -0.7 | -0.24 | -0.07 | -0.01 | -0.13 | -0.14 |
| Cash per share | — | 5.27 | 5.28 | 1.52 | 1.39 | 1.24 | 0.9 | 0.77 |
| Capex per share | 0.12 | 0.07 | 0.04 | 0.01 | 0.01 | 0.02 | — | — |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Capex / revenue | 2.38% | 1.51% | 2.04% | 1.22% | 1.41% | 3.23% | — | — |
| Capex / operating cash flow | -6.66% | -5.33% | -9.11% | -3.72% | -15.2% | -152.9% | — | — |
| Payout ratio | — | — | — | — | — | — | — | 0% |
| — |
| — |
| $70.7M |
| — |
| FY20 | — | -$2.91 | — | — | $56.9M | — |
| FY19 | — | -$3.37 | — | — | $60M | — |
| Q1 24 |
|---|
| Q2 24 |
|---|
| Q3 24 |
|---|
| Q4 24 |
|---|
| Q1 25 |
|---|
| Q2 25 |
|---|
| Q3 25 |
|---|
| Q4 25 |
|---|
| Q1 26 |
|---|
| Q2 26 |
|---|
| Revenue | $14.2M | $21.9M | $11.6M | $13.6M | $16M | $16.7M | $16.8M | $17.1M | $17.3M | $19.4M | $16.9M | $18.1M |
| YoY change | -38.8% | -6.53% | -51.6% | -43.8% | +13.2% | -24% | +45.6% | +25.5% | +8.09% | +16.4% | +0.18% | +6.13% |
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 | 61.6M | 174.4M | 148.4M | 142M | 131M | 92.6M |
| Receivables | 8.7M | 7.1M | 11.5M | 14.6M | 7.8M | 10M |
| Inventory | 3.2M | 9.3M | 23.8M | 13.8M | 10.2M | 10.1M |
| Total current assets | 76.4M | 199M | 188.5M | 174.7M | 153.9M | 118.7M |
| Property, plant & equipment | 2.4M | 2.7M | 6.6M | 5.2M | 11M | 9.8M |
| Goodwill & intangibles | — | — | — | — | 13.1M | 11.2M |
| Total assets | 79.2M | 202.6M | 195.7M | 180.6M | 172.2M | 134.7M |
| Accounts payable | 1.8M | 4.5M | 10.7M | 5M | 6M | 4.7M |
| Short-term debt | — | — | 1.8M | 1.8M | 975K | 1.5M |
| Total current liabilities | 11.2M | 15.7M | 24.8M | 15.9M | 20.3M | 22.9M |
| Long-term debt | — | 0 | 1.6M | 190K | 6.6M | 6.7M |
| Total liabilities | 161.4M | 20.4M | 28.2M | 16.3M | 29.5M | 29.7M |
| Shareholders' equity | -82.2M | 182.2M | 167.4M | 164.3M | 142.7M | 105M |
| Total debt | — | 0 | 3.4M | 2M | 7.6M | 8.2M |
| Net debt | — | -56.8M | -16.6M | -15.3M | -27.8M | -19.6M |
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 | 142.7M | 142M | 139.8M | 130.6M | 133.1M | 131M | 112.5M | 102.7M | 93.5M | 92.6M | 86.1M | 83.4M |
| Receivables | 7.6M | 14.6M | 9.9M | 10M | 7.2M | 7.8M | 9.6M | 8.1M | 9.9M | 10M | 10.5M | 8.9M |
| Inventory | 16.9M | 13.8M | 12.5M | 14.1M | 11.7M | 10.2M | 10.9M | 11.5M | 11M | 10.1M | 10.9M | 12.5M |
| Total current assets | 170.9M | 174.7M | 166.2M | 158.7M | 155.1M | 153.9M | 136.7M | 127.3M | 120M | 118.7M | 113M | 110M |
| Property, plant & equipment | 5.5M | 5.2M | 4.5M | 9.4M | 9.3M | 11M | 10.8M | 10.6M | 10.2M | 9.8M | 9.4M | 8.8M |
| Goodwill & intangibles | — | — | — | 14M | 13.6M | 13.1M | 12.6M | 12.2M | 11.7M | 11.2M | 10.7M | 10.3M |
| Total assets | 177M | 180.6M | 171.3M | 175.8M | 171.9M | 172.2M | 154.6M | 144.8M | 136.7M | 134.7M | 128.4M | 124.6M |
| Accounts payable | — | 5M | — | 3.5M | — | 6M | 4.3M | — | 4.7M | 4.7M | 4.4M | 5.6M |
| Short-term debt | 1.7M | 1.8M | — | 2.9M | — | 975K | 1.1M | — | 1.5M | 1.5M | 1.6M | 1.7M |
| Total current liabilities | 18.4M | 15.9M | 12.9M | 16.3M | 18.9M | 20.3M | 16.9M | 21.3M | 21.1M | 22.9M | 21.7M | 21.1M |
| Long-term debt | 543K | 190K | 140K | 3.8M | 3.6M | 6.6M | 6.4M | 6.9M | 6.7M | 6.7M | 6.4M | 6.3M |
| Total liabilities | 19.2M | 16.3M | 13.1M | 22.3M | 24.9M | 29.5M | 26M | 28.3M | 27.9M | 29.7M | 28.2M | 27.6M |
| Shareholders' equity | 157.8M | 164.3M | 158.2M | 153.5M | 147M | 142.7M | 128.6M | 116.5M | 108.8M | 105M | 100.2M | 97.1M |
| Total debt | 2.2M | 2M | 140K | 6.6M | 3.6M | 7.6M | 7.5M | 6.9M | 8.2M | 8.2M | 8M | 8M |
| Net debt | -8.9M | -15.3M | -35M | -18.1M | -31.8M | -27.8M | -33.5M | -39.7M | -23.4M | -19.6M | -21M | -34.5M |
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 | -25.9M | -19.6M | -26.5M | -27.7M | -19.7M | -36.6M | -31.6M |
| Depreciation & amortization | 1M | 1.1M | 1.1M | 1.4M | 1.6M | 2.5M | 3M |
| Stock-based compensation | 2.9M | 5.3M | 9.9M | 12.1M | 15M | 15.1M | 16.5M |
| Change in working capital | 350K | -3.5M | -539K | -13.2M | -4.1M | 15.6M | -3.3M |
| Operating cash flow | -21.5M | -16.2M | -15.8M | -29.8M | -7.8M | -1.2M | -12.7M |
| Capital expenditure | -1.4M | -861K | -1.4M | -1.1M | -1.2M | -1.9M | — |
| Investing cash flow | 10.6M | 28.3M | -84.2M | -11.7M | 1.4M | 17.8M | 29.1M |
| Dividends paid | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | -1M | -24M |
| Financing cash flow | — | — | 134.2M | — | — | -1M | -24M |
| Net change in cash | -10.9M | 12.2M | 34.2M | -41.5M | -6.4M | 15.5M | -7.6M |
| Free cash flow | -23M | -20.5M | -23.1M | -23.2M | -7.5M | -848K | -13.8M |
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 | -12.5M | 2.8M | -10M | -8.9M | -10.4M | -7.3M | -8.3M | -7.2M | -7.3M | -8.8M | -8.3M | -8.1M |
| Depreciation & amortization | 400K | 439K | 456K | 479K | 823K | 788K | 770K | 758K | 743K | 709K | 618K | 609K |
| Stock-based compensation | 3.7M | 3.5M | 3.8M | 3.7M | 3.8M | 3.9M | 4.2M | 3.8M | 3.7M | 4.9M | 3.1M | 3.1M |
| Change in working capital | 12M | 891K | 3M | 2.7M | 6.8M | 1.7M | -6.1M | 1.9M | -2M | 2.9M | -684K | 962K |
| Operating cash flow | 4.1M | 7.5M | -2.1M | -1.1M | 1.9M | -1.4M | -8.4M | -211K | -4.7M | -295K | -5.1M | -3.8M |
| Capital expenditure | -180K | -86K | -30K | -235K | -722K | -880K | -357K | — | — | — | — | — |
| Investing cash flow | -16.6M | 9M | 19.1M | -10.4M | 8.2M | 1.9M | 22.7M | 15.7M | -5.4M | -4.2M | 7.9M | 17M |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | -9.6M | -10.2M | -3.6M | -597K | 0 | 0 |
| Financing cash flow | — | — | — | — | — | — | -9.6M | -10.2M | -3.6M | -597K | -2M | 0 |
| Net change in cash | -12.5M | 16.5M | 17M | -11.4M | 10.1M | 550K | 4.7M | 5.3M | -13.7M | -5.1M | 802K | 13.2M |
| Free cash flow | 5.9M | -4.2M | -1.4M | -460K | 2.2M | -1.2M | -8M | -330K | -4.9M | -547K | -5.6M | -3.7M |