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 | — | -$3.02 | — | — | $68.7M | — |
| FY24 | — | -$1.1 | — | — | $50.2M | — |
| FY23 | — | -$1.3 | — | — | $41.1M | — |
| FY22 | — | -$0.26 | — | — | $34.1M | — |
| FY21 | — | $8.96 | — | — | $14.6M | — |
| FY20 | — | -$4.63 | — | — | $7.4M | — |
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 | $7.4M | $14.6M | $34.1M | $41.1M | $50.2M | $68.7M |
| YoY change | — | +98.5% | +133.4% | +20.4% | +22.2% | +36.9% |
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 | 7.4M | 14.6M | 34.1M | 41.1M | 50.2M | 68.7M |
| Cost of revenue | 970K | 3.8M | 20.8M | 31.5M | 38M | 49M |
| Gross profit | 6.4M | 10.8M | 13.4M | 9.6M | 12.2M | 19.7M |
| Gross margin | 86.8% | 74.2% | 39.1% | 23.3% | 24.4% | 28.7% |
| Research & development | — | — | — | — | — | — |
| Selling, general & administrative | 5M | 4.6M | 7.1M | 8M | 10.6M | 11.2M |
| Operating expenses | 5M | 4.6M | 7.1M | 8M | 10.8M | 11.3M |
| Operating income | -511K | 389K | -9.4M | -14.7M | -18.4M | -20.9M |
| Operating margin | -6.93% | 2.66% | -27.5% | -35.9% | -36.6% | -30.4% |
| Non-operating income, net | -11.1M | 3.5M | 8.8M | 9.5M | 18.9M | 8.7M |
| Pretax income | -14.8M | 945K | -6.2M | -15.8M | -12.1M | -31M |
| Income tax | — | — | — | — | — | 1.6M |
| Net income | -17.5M | 111.8M | -5.9M | -15.8M | -12.1M | -32.6M |
| Net margin | -237.9% | 764.2% | -17.4% | -38.4% | -24.1% | -47.4% |
| EBITDA | 20.1M | 13.7M | 18.4M | 19.4M | 20.9M | 25.7M |
| EPS | -4.63 | 8.96 | -0.26 | -1.3 | -1.1 | -3.02 |
| Diluted EPS | -4.63 | 8.96 | -0.26 | -1.3 | -1.1 | -3.02 |
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 | 10.2M | 10.5M | 11.2M | 12.5M | 12.7M | 13.8M | 16.4M | 16.8M | 16.6M | 18.9M | 19.7M | 19.3M |
| Cost of revenue | 6.2M | 8.1M | 8.2M | 7.1M | 7.6M | 10.5M | 11.5M | 12.1M | 12.7M | 12.7M | 13.3M | 13.8M |
| Gross profit | 4M | 2.4M | 3M | 5.4M | 5.1M | 3.3M | 4.9M | 4.7M | 3.9M | 6.2M | 6.4M | 5.5M |
| Gross margin | 39% | 23% | 26.6% | 43.2% | 40.1% | 24.1% | 29.8% | 27.9% | 23.7% | 32.8% | 32.3% | 28.6% |
| Research & development | — | — | — | — | — | — | — | — | — | — | — | — |
| Selling, general & administrative | 1.7M | 2.5M | 2.9M | 2.4M | 4.8M | 2.8M | 3.1M | 2.7M | 2.7M | 2.8M | 3.1M | 2.5M |
| Operating expenses | 3.7M | 2.5M | 2.9M | 4.6M | 5M | 2.8M | 3.1M | 2.7M | 2.7M | 2.8M | 3.4M | 2.7M |
| Operating income | -3.8M | -4.3M | -4M | -4.1M | -4.8M | -5.4M | -5.6M | -5.2M | -5.6M | -4.6M | -5.9M | -5M |
| Operating margin | -37.6% | -41.1% | -35.8% | -32.7% | -38.1% | -39.3% | -33.8% | -31% | -33.5% | -24.3% | -29.7% | -26.1% |
| Non-operating income, net | 2.8M | 2.1M | 3.1M | 1.8M | 12.1M | 1.9M | 3.7M | 4.5M | 163K | 385K | 849K | 1.3M |
| Pretax income | -3.6M | -5.7M | -3.2M | -5.2M | 3.5M | -7.3M | -7M | -5.2M | -9.6M | -9.2M | -10.2M | -9M |
| Income tax | — | — | — | — | — | — | 346K | 626K | 400K | 260K | 76K | 0 |
| Net income | -3.6M | -5.7M | -3.2M | -5.2M | 3.5M | -7.3M | -7.3M | -5.8M | -10M | -9.5M | -10.3M | -9M |
| Net margin | -35.5% | -54.2% | -28.4% | -41.3% | 27.9% | -52.8% | -44.7% | -34.7% | -60% | -50.1% | -52.3% | -46.4% |
| EBITDA | 4.9M | 7.1M | 4.5M | 4.8M | 4.9M | 6.7M | 6.8M | 6M | 5.7M | 7.3M | 5.9M | 6.9M |
| EPS | -0.28 | — | -0.27 | -0.42 | 0.24 | — | -0.67 | -0.66 | -0.94 | — | -0.9 | -0.9 |
| Diluted EPS | -0.28 | — | -0.27 | -0.42 | 0.24 | — | -0.67 | -0.66 | -0.94 | — | -0.9 | -0.9 |
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 | — | — | — | — | — | — | 91M |
| Enterprise value | — | — | — | — | — | — | 857.4M |
| Shares outstanding | 3.8M | 3.8M | 3.8M | 3.8M | 3.9M | 3.9M | 3.9M |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | -2.63 |
| P/S | — | — | — | — | — | — | 1.1 |
| P/B | — | — | — | — | — | — | 0.27 |
| EV/EBITDA | — | — | — | — | — | — | 46.3 |
| EV/Sales | — | — | — | — | — | — | 10.3 |
| Earnings yield | — | — | — | — | — | — | -38.1% |
| FCF yield | — | — | — | — | — | — | -14.5% |
| PEG | — | — | — | — | — | — | -0.07 |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Gross margin | 86.8% | 74.2% | 39.1% | 23.3% | 24.4% | 28.7% | 28.6% |
| Operating margin | -6.93% | 2.66% | -27.5% | -35.9% | -36.6% | -30.4% | -14.3% |
| Net margin | -237.9% | 764.2% | -17.4% | -38.4% | -24.1% | -47.4% | 2.62% |
| ROE | -9.53% | 24.2% | -1.2% | -3.35% | -2.13% | -4.71% | -5.9% |
| ROA | -3.57% | 20.6% | -0.9% | -2.35% | -1.25% | -2.82% | -0.75% |
| ROIC | — | — | — | — | — | -2.2% | -2.23% |
| Return on tangible assets | -3.57% | 20.8% | -0.9% | -2.35% | -1.26% | -2.86% | -3.4% |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Current ratio | 1.47 | 11 | 1.46 | 1.31 | 1.37 | 6.35 | 5.7 |
| Quick ratio | 1.47 | 11 | 1.46 | 1.31 | 1.37 | 6.35 | 6.79 |
| Debt / equity | 0.29 | 0.14 | 0.31 | 0.35 | 0.66 | 0.62 | 0.62 |
| Debt / assets | 0.11 | 0.12 | 0.23 | 0.25 | 0.39 | 0.37 | 0.37 |
| Net debt / EBITDA | 0.26 | -4.86 | 4.06 | 4.45 | 12.4 | 10.1 | 9.72 |
| Interest coverage | -3.62 | 1.32 | -0.09 | -0.2 | 0.33 | -0.29 | -0.51 |
| Effective tax rate | — | — | — | — | — | 0% | 0% |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Revenue per share | 1.92 | 3.82 | 8.88 | 10.7 | 13 | 17.7 | 21.3 |
| EPS (basic) | -4.63 | 8.96 | -0.26 | -1.3 | -1.1 | -3.02 | -3.02 |
| EPS (diluted) | -4.63 | 8.96 | -0.26 | -1.3 | -1.1 | -3.02 | -3.49 |
| Book value per share | 48 | 120.6 | 128 | 122.4 | 147.5 | 177.9 | 29.4 |
| FCF per share | 3.41 | 2.12 | -3.94 | 1.13 | -0.07 | 2.67 | -2.66 |
| Cash per share | 12.7 | 33.8 | 20.4 | 20.8 | 29.9 | 43.6 | 42.2 |
| Capex per share | — | — | — | — | — | 4.46 | 4.45 |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Capex / revenue | — | — | — | — | — | 25.3% | 23.5% |
| Capex / operating cash flow | — | — | — | — | — | 62.5% | 248% |
| Payout ratio | — | — | 0% | -0.49% | -60.7% | -32.2% | 0% |
| Dividend yield | — | — | — | — | — | — | 3.15% |
Split-adjusted payout per share by ex-dividend date.
| Ex-dividend | Amount |
|---|---|
| Sep 25, 2026 | $0.125 |
| Jun 25, 2026 | $0.125 |
| Mar 25, 2026 | $0.125 |
| Dec 24, 2025 | $0.125 |
| Sep 25, 2025 | $0.125 |
| Jun 25, 2025 | $0.125 |
| Mar 25, 2025 | $0.125 |
| Dec 28, 2023 | $1.00 |
| Q4 24 |
|---|
| Q1 25 |
|---|
| Q2 25 |
|---|
| Q3 25 |
|---|
| Q4 25 |
|---|
| Q1 26 |
|---|
| Q2 26 |
|---|
| Revenue | $10.2M | $10.5M | $11.2M | $12.5M | $12.7M | $13.8M | $16.4M | $16.8M | $16.6M | $18.9M | $19.7M | $19.3M |
| YoY change | +17.4% | +8.01% | +10.2% | +21.9% | +24.8% | +31.5% | +46.9% | +34.2% | +30.7% | +36.9% | +20% | +15% |
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 | 48.8M | 129.4M | 78.4M | 80.2M | 115.2M | 169.6M |
| Receivables | 4.8M | 5.1M | 17.9M | 21.4M | 34.6M | 22M |
| Inventory | — | — | — | — | — | — |
| Total current assets | 421.3M | 181.3M | 100.5M | 125.6M | 198.9M | 217.1M |
| Property, plant & equipment | — | — | — | — | — | — |
| Goodwill & intangibles | 0 | 5M | 0 | — | 5.5M | 15M |
| Total assets | 491.8M | 541.5M | 658.9M | 671.6M | 967M | 1.2B |
| Accounts payable | 169K | 2.1M | 1.8M | 691K | 803K | 1.1M |
| Short-term debt | 33M | — | 55M | 70M | 121M | — |
| Total current liabilities | 286.9M | 16.5M | 68.7M | 96.1M | 145.3M | 34.2M |
| Long-term debt | 20.9M | 63M | 98.2M | 96.7M | 252.8M | 428.4M |
| Total liabilities | 307.8M | 79.5M | 166.9M | 201M | 398.1M | 462.6M |
| Shareholders' equity | 184M | 462M | 492M | 470.6M | 568.9M | 691.8M |
| Total debt | 53.9M | 63M | 153.2M | 166.7M | 373.8M | 428.4M |
| Net debt | 5.1M | -66.4M | 74.8M | 86.5M | 258.6M | 258.8M |
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 | 89.4M | 80.2M | 92.3M | 116M | 155.1M | 115.2M | 134.7M | 127.6M | 162.7M | 169.6M | 170.1M | 172.1M |
| Receivables | 23.9M | 21.4M | 24.7M | 28.9M | 30.6M | 34.6M | 36.1M | 30.1M | 27.5M | 22M | 28.1M | 28.7M |
| Inventory | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 119.5M | 125.6M | 147.2M | 180.1M | 230.2M | 198.9M | 197.7M | 176.1M | 211.8M | 217.1M | 220.3M | 224.1M |
| Property, plant & equipment | — | — | — | — | — | — | — | — | — | — | — | — |
| Goodwill & intangibles | — | — | 2M | 1M | 982K | 5.5M | 1.7M | 1.3M | 3.7M | 15M | 11.9M | 10.4M |
| Total assets | 670.7M | 671.6M | 727.4M | 756.2M | 800.8M | 967M | 964.4M | 991.2M | 1.1B | 1.2B | 1.1B | 1.1B |
| Accounts payable | 921K | 691K | 695K | 585K | 1M | 803K | 824K | 775K | 808K | 1.1M | 756K | 1.1M |
| Short-term debt | 70M | 70M | 105M | 20M | 20M | 121M | 85M | — | 22M | — | — | — |
| Total current liabilities | 84.5M | 96.1M | 118M | 35.1M | 37.8M | 145.3M | 112.9M | 33.1M | 58.8M | 34.2M | 31.6M | 33M |
| Long-term debt | 97.1M | 96.7M | 120.2M | 204.7M | 207.5M | 252.8M | 251.5M | 338.6M | 393.9M | 428.4M | 416.8M | 421.9M |
| Total liabilities | 185M | 201M | 238.2M | 239.8M | 245.4M | 398.1M | 364.4M | 371.7M | 452.7M | 462.6M | 448.4M | 454.9M |
| Shareholders' equity | 485.6M | 470.6M | 489.3M | 516.4M | 555.5M | 568.9M | 600M | 619.5M | 640M | 691.8M | 694.5M | 692.6M |
| Total debt | 167.1M | 166.7M | 225.2M | 224.7M | 227.5M | 373.8M | 336.5M | 338.6M | 415.9M | 428.4M | 416.8M | 421.9M |
| Net debt | 77.6M | 86.5M | 132.9M | 108.7M | 72.4M | 258.6M | 201.7M | 211M | 253.2M | 258.8M | 246.7M | 249.8M |
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 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|
| Net income | -17.5M | 111.8M | -5.9M | -15.8M | -12.1M | -32.6M |
| Depreciation & amortization | 15.5M | 9.8M | 18.8M | 19.3M | 21.6M | 31.7M |
| Stock-based compensation | — | 0 | 872K | 11.9M | 10M | 4.9M |
| Change in working capital | 1M | -2.4M | -1.8M | -372K | 2.2M | 3M |
| Operating cash flow | -1M | 118.9M | 11.6M | 14.7M | 21.8M | 27.8M |
| Capital expenditure | — | — | — | — | — | -17.4M |
| Investing cash flow | -27.9M | -252.4M | -10.7M | -14.4M | -17.4M | 35.6M |
| Dividends paid | — | — | 0 | -78K | -7.3M | -10.5M |
| Share repurchases | — | — | — | — | — | -868K |
| Financing cash flow | -339.6M | -147.5M | 119.3M | 9.7M | 260.7M | 204.9M |
| Net change in cash | -368.6M | -281M | 120.2M | 9.9M | 265.1M | 268.2M |
| Free cash flow | 13.1M | 8.1M | -15.2M | 4.4M | -253K | 10.4M |
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 | -3.6M | -5.7M | -3.2M | -5.2M | 3.5M | -7.3M | -7.3M | -5.8M | -10M | -9.5M | -10.3M | -9M |
| Depreciation & amortization | 5M | 5M | 4.3M | 5.2M | 5.3M | 6.8M | 8.2M | 7.8M | 7.2M | 8.5M | 9.5M | 8.6M |
| Stock-based compensation | 3.1M | 3.1M | 4.4M | 1.6M | 2M | 2.1M | 1.4M | 1.1M | 917K | 1.3M | 1.5M | 1.2M |
| Change in working capital | 2.1M | -697K | -2.5M | 538K | -938K | 5.6M | 592K | 3.2M | 3.1M | -7.9M | -5.9M | 3.7M |
| Operating cash flow | 6.4M | 1.6M | 3M | 2.2M | 9.9M | 7.3M | 3.1M | 13.9M | 13.2M | -491K | -8.5M | 2.8M |
| Capital expenditure | — | — | — | — | — | — | — | -5.1M | -4.7M | -3.7M | -3.8M | -5.3M |
| Investing cash flow | -7.6M | 2.3M | -3.8M | -6.5M | -11.5M | -11.4M | 16.5M | 6.2M | -15.8M | 5.6M | -11.6M | 1.8M |
| Dividends paid | 0 | — | -4.1M | -396K | -1.1M | -1.7M | -1.9M | -2.7M | -2.9M | -3M | -3.1M | -3.2M |
| Share repurchases | — | — | — | — | — | — | — | -226K | -411K | -231K | -133K | -381K |
| Financing cash flow | 3M | 4.6M | 30.9M | 29.1M | 36.8M | 163.9M | -480K | 25.5M | 108M | 72.1M | -841K | -9M |
| Net change in cash | 1.8M | 8.5M | 30.1M | 24.8M | 35.2M | 159.8M | 19.1M | 45.6M | 105.4M | 77.2M | -20.9M | -4.4M |
| Free cash flow | 2.7M | 4.8M | -630K | -654K | -601K | 1.6M | -2.9M | 8.8M | 8.5M | -4.2M | -12.3M | -2.5M |