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 25 | -$0.01 | -$0.05 | -400.0% | — | — | — |
| Q1 25 | — | -$0.04 | — | — | $14M | — |
| Q4 22 | -$0.04 | -$0.05 | -25.0% | — | $11.6M | — |
| Q3 22 | -$0.05 | -$0.06 | -20.0% | — | $16.1M | — |
| Q2 22 | -$0.04 | -$0.09 | -125.0% | — | $6.4M | — |
| Q1 22 | -$0.02 | -$0.11 | -450.0% | — | $2.9M | — |
| Q4 21 | -$0.02 | -$0.02 | 0.0% | — | $0 | — |
| Q3 21 | -$0.01 | -$0.05 | -400.0% | — | $0 | — |
| Q2 21 | -$0.01 | -$0.04 | -300.0% | — | $0 | — |
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 | — | $0.3 | — | — | $95.2M | — |
| FY24 | — | -$0.34 | — | — | $50.3M | — |
| FY23 | — | -$0.24 | — | — | $54.9M | — |
| FY22 | — | -$0.33 | — | — | $37M | — |
| FY21 | — | $0.6 | — | — |
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 | $0 | $37M | $54.9M | $50.3M | $95.2M |
| YoY change | — | +InfinityT% | +48.6% | -8.33% | +89.1% |
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 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 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 | 0 | 37M | 54.9M | 50.3M | 95.2M |
| Cost of revenue | 0 | 33.4M | 60.1M | 66.1M | 83.7M |
| Gross profit | 0 | 3.6M | -5.1M | -15.7M | 11.5M |
| Gross margin | — | 9.66% | -9.37% | -31.2% | 12.1% |
| Research & development | — | — | — | — | — |
| Selling, general & administrative | 13.1M | 20.4M | 21.6M | 20.8M | 29.4M |
| Operating expenses | 23.9M | 62.2M | 63.4M | 59.2M | 95.4M |
| Operating income | -24.3M | -61.9M | -78.8M | -89.1M | -98.1M |
| Operating margin | — | -167.4% | -143.6% | -177% | -103.1% |
| Non-operating income, net | 122.5M | -11.7M | 34.9M | 294K | -77.8M |
| Pretax income | 96.7M | -91M | -73M | -120M | -202.1M |
| Income tax | 20.1M | -11.8M | -7.8M | 1.5M | -3.3M |
| Net income | 88.2M | -79.2M | -65.2M | -121.5M | -198.8M |
| Net margin | — | -214.3% | -118.7% | -241.4% | -208.9% |
| EBITDA | -23.9M | -59.2M | -71.1M | -84.1M | -95.4M |
| EPS | 0.6 | -0.33 | -0.24 | -0.34 | 0.3 |
| Diluted EPS | 0.58 | -0.33 | -0.24 | -0.34 | 0.3 |
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 | 13.2M | 25.8M | 8.4M | 7.2M | 11.5M | 23.2M | 14M | 27.8M | 32M | 21.3M | 52.4M | 24.3M |
| Cost of revenue | 13.7M | 23.5M | 8.3M | 19.1M | 16M | 22.7M | 11.1M | 27M | 28.9M | 16.6M | 36.3M | 15.7M |
| Gross profit | -473K | 2.3M | 132K | -11.9M | -4.5M | 519K | 2.9M | 798K | 3.1M | 4.7M | 16.1M | 8.6M |
| Gross margin | -3.58% | 9.08% | 1.57% | -165.4% | -39% | 2.23% | 20.7% | 2.87% | 9.74% | 22% | 30.7% | 35.4% |
| Research & development | — | — | — | — | — | — | — | — | — | — | — | — |
| Selling, general & administrative | 4.4M | 5.5M | 5.1M | 6.6M | 5.3M | 3.7M | 5M | 7.3M | 7.5M | 9.5M | 7.6M | 9.1M |
| Operating expenses | 15.1M | 14.9M | 8.6M | 12.5M | 12.1M | 26.1M | 14.5M | 16.4M | 27.6M | 36.9M | 33.3M | 38.3M |
| Operating income | -18.4M | -14.9M | -11.9M | -26.2M | -19.1M | -31.9M | -15.8M | -18.8M | -27.8M | -35.8M | -21.8M | -34.1M |
| Operating margin | -138.9% | -57.7% | -141.4% | -364.8% | -165.9% | -137.3% | -112.3% | -67.4% | -86.7% | -168.3% | -41.6% | -140.2% |
| Non-operating income, net | 21.5M | -8.2M | 4.8M | -1.5M | -10.3M | 7.4M | -17.6M | -3.1M | -7.4M | -49.8M | -40.1M | -11.4M |
| Pretax income | -4.3M | -31.7M | -15.7M | -36.8M | -38.1M | -29.4M | -41.2M | -30.2M | -41.9M | -88.8M | -77.4M | -50M |
| Income tax | -76K | 228K | 0 | 0 | 0 | 1.5M | 0 | 0 | 0 | -3.3M | 1.2M | 2.5M |
| Net income | -4.2M | -31.9M | -15.7M | -36.8M | -38.1M | -30.9M | -41.2M | -30.2M | -41.9M | -85.6M | -78.6M | -52.5M |
| Net margin | -31.8% | -123.5% | -186.8% | -512.7% | -330.7% | -133.1% | -293.3% | -108.5% | -130.8% | -401.9% | -150% | -215.7% |
| EBITDA | -19M | -12.5M | -10.9M | -25.6M | -17.5M | -30M | -16.3M | -22.4M | -27.5M | -33.6M | -41.6M | -57.9M |
| EPS | -0.01 | — | -0.06 | -0.1 | -0.1 | — | -0.1 | -0.05 | -0.05 | 0.1 | -0.09 | -0.06 |
| Diluted EPS | -0.01 | — | -0.06 | -0.1 | -0.1 | — | -0.1 | -0.05 | -0.05 | 0.1 | -0.09 | -0.06 |
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 | — | 363.6M | — | — | — | — | 1.4B |
| Enterprise value | — | 317.4M | — | — | — | — | 1.5B |
| Shares outstanding | — | 148.3M | 240.1M | 274.1M | 359.2M | 671.7M | 671.7M |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| P/E | — | 4.12 | — | — | — | — | 5.52 |
| P/S | — | — | — | — | — | — | 11.6 |
| P/B | — | 0.89 | — | — | — | — | 5.84 |
| EV/EBITDA | — | -13.3 | — | — | — | — | -13.3 |
| EV/Sales | — | — | — | — | — | — | 11.5 |
| Earnings yield | — | 24.3% | — | — | — | — | 18.1% |
| FCF yield | — | -5.23% | — | — | — | — | -7.98% |
| PEG | — | — | — | — | — | — | 0.28 |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Gross margin | — | — | 9.66% | -9.37% | -31.2% | 12.1% | 35.4% |
| Operating margin | — | — | -167.4% | -143.6% | -177% | -103.1% | -140.2% |
| Net margin | — | — | -214.3% | -118.7% | -241.4% | -208.9% | -198.8% |
| ROE | — | 21.7% | -23.8% | -15.3% | -35.7% | -57.3% | -71.7% |
| ROA | — | 13.4% | -12.3% | -9.01% | -18.5% | -28.3% | -7.64% |
| ROIC | — | -5.34% | -15.4% | -13.4% | -17.4% | -21.4% | -50% |
| Return on tangible assets | — | 13.4% | -12.3% | -9.01% | -18.5% | -28.3% | -22% |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Current ratio | — | 4.06 | 0.9 | 0.65 | 0.57 | 0.73 | 8.63 |
| Quick ratio | — | 3.19 | 0.71 | 0.47 | 0.36 | 0.51 | 8.05 |
| Debt / equity | — | 0.1 | 0.35 | 0.42 | 0.56 | 0.5 | 1.74 |
| Debt / assets | — | 0.06 | 0.18 | 0.25 | 0.29 | 0.25 | 0.38 |
| Net debt / EBITDA | — | 1.94 | -1.14 | -2.31 | -2.05 | -1.17 | 0.12 |
| Interest coverage | — | 64.8 | -4.31 | -1.59 | -2.8 | -6.05 | -8.49 |
| Effective tax rate | — | 20.7% | 0% | 0% | 0% | 0% | 0% |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Revenue per share | — | 0 | 0.15 | 0.2 | 0.14 | 0.14 | 0.16 |
| EPS (basic) | — | 0.6 | -0.33 | -0.24 | -0.34 | 0.3 | 0.3 |
| EPS (diluted) | — | 0.58 | -0.33 | -0.24 | -0.34 | 0.3 | -0.31 |
| Book value per share | — | 2.74 | 1.39 | 1.56 | 0.95 | 0.52 | 0.3 |
| FCF per share | — | -0.13 | -0.4 | -0.34 | -0.24 | -0.14 | -0.22 |
| Cash per share | — | 0.59 | 0.2 | 0.06 | 0.05 | 0.09 | 0.54 |
| Capex per share | — | — | — | — | — | 0.01 | 0.05 |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Capex / revenue | — | — | — | — | — | 10.1% | 32% |
| Capex / operating cash flow | — | — | — | — | — | -11.5% | -28.8% |
| Payout ratio | — | 0% | 0% | — | 0% | 0% | 0% |
| Dividend yield | — | 0% | — | — | — | — | — |
| $0 |
| — |
| Q4 25 |
|---|
| Q1 26 |
|---|
| Q2 26 |
|---|
| Revenue | $13.2M | $25.8M | $8.4M | $7.2M | $11.5M | $23.2M | $14M | $27.8M | $32M | $21.3M | $52.4M | $24.3M |
| YoY change | -17.7% | +121.8% | +85% | -36.5% | -12.9% | -10.1% | +67% | +287.5% | +178.2% | -8.34% | +272.9% | -12.5% |
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 | 0 | 87.7M | 48.3M | 16.3M | 19M | 63.2M |
| Receivables | — | 393K | 623K | 4.3M | 3.3M | 1.9M |
| Inventory | — | 26M | 16.5M | 11.4M | 15.3M | 29.3M |
| Total current assets | 0 | 121.5M | 77.3M | 39.8M | 42.3M | 100.3M |
| Property, plant & equipment | — | -5.4M | -11.5M | -16M | 6.1M | 12.9M |
| Goodwill & intangibles | — | — | — | — | — | — |
| Total assets | 0 | 656.3M | 642M | 723.7M | 655.6M | 703.4M |
| Accounts payable | — | 8.5M | 10.6M | 12.8M | — | — |
| Short-term debt | — | 58K | 21.3M | 31.9M | 37.8M | 76.8M |
| Total current liabilities | — | 29.9M | 85.6M | 60.9M | 74M | 138.3M |
| Long-term debt | — | 41.4M | 94.6M | 148.3M | 153.6M | 97.9M |
| Total liabilities | — | 249.4M | 308.5M | 297.4M | 315M | 356.6M |
| Shareholders' equity | 0 | 407M | 333.4M | 426.3M | 340.7M | 346.8M |
| Total debt | — | 41.4M | 115.9M | 180.3M | 191.4M | 174.7M |
| Net debt | — | -46.2M | 67.6M | 164M | 172.4M | 111.5M |
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 | 37.7M | 16.3M | 13.1M | 47.8M | 21.8M | 19M | 13.5M | 133.7M | 102.9M | 63.2M | 513.5M | 464.6M |
| Receivables | 775K | 4.3M | 2.1M | 3.7M | 2.4M | 3.3M | 2.3M | 4.7M | 3.7M | 1.9M | 8.5M | 6.8M |
| Inventory | 19.1M | 11.4M | 17.9M | 13.6M | 15.9M | 15.3M | 24M | 21.8M | 25.2M | 29.3M | 25.4M | 35M |
| Total current assets | 67.6M | 39.8M | 39.6M | 71.3M | 46.3M | 42.3M | 44.9M | 166.6M | 136.4M | 100.3M | 552M | 513.4M |
| Property, plant & equipment | -15M | -16M | -16.7M | -17.7M | -18.4M | 6.1M | 5.5M | 5.7M | 8.7M | 12.9M | 27.9M | 55.2M |
| Goodwill & intangibles | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | 738.4M | 723.7M | 726.8M | 758.4M | 742.8M | 655.6M | 659M | 782.9M | 756.2M | 703.4M | 1.2B | 1.2B |
| Accounts payable | 10.3M | 12.8M | 4.9M | 7.1M | 9M | — | — | — | — | — | — | 45.5M |
| Short-term debt | 19.8M | 31.9M | 99.1M | 92.7M | 92.9M | 37.8M | 40.8M | 77.6M | 78.7M | 76.8M | 307K | 683K |
| Total current liabilities | 60.3M | 60.9M | 130.6M | 132.4M | 139.2M | 74M | 85.7M | 120.5M | 133.2M | 138.3M | 58.4M | 59.5M |
| Long-term debt | 156.3M | 148.3M | 89.3M | 86.7M | 83.9M | 153.6M | 156.7M | 98.2M | 97.2M | 97.9M | 437.5M | 445M |
| Total liabilities | 290.4M | 297.4M | 294.7M | 292.1M | 301.7M | 315M | 341M | 319.3M | 333.2M | 356.6M | 877.4M | 915.8M |
| Shareholders' equity | 448M | 426.3M | 432.1M | 466.3M | 441.1M | 340.7M | 318M | 463.5M | 423M | 346.8M | 298.9M | 258M |
| Total debt | 176.2M | 180.3M | 188.3M | 179.4M | 176.8M | 191.4M | 197.5M | 175.8M | 175.9M | 174.7M | 437.8M | 445.7M |
| Net debt | 138.5M | 164M | 175.3M | 131.6M | 155M | 172.4M | 184M | 42.1M | 73M | 111.5M | -75.7M | -18.8M |
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 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Net income | 76.6M | -79.2M | -65.2M | -121.5M | -198.8M |
| Depreciation & amortization | 361K | 6.2M | 8.8M | 3.2M | 3.2M |
| Stock-based compensation | 2.7M | 2.9M | 2.3M | 570K | 9.1M |
| Change in working capital | -4.9M | 10.4M | -2.2M | -2.5M | -12.3M |
| Operating cash flow | -38.4M | -47.8M | -30.8M | -84.1M | -83.6M |
| Capital expenditure | — | — | — | — | -9.6M |
| Investing cash flow | -125.4M | -4.5M | -3M | 425K | -9.6M |
| Dividends paid | 0 | 0 | — | 0 | 0 |
| Share repurchases | — | — | — | — | — |
| Financing cash flow | 222.2M | 58.3M | 63.2M | 83.9M | 101.5M |
| Net change in cash | 58.3M | 6M | 29.5M | 261K | 8.3M |
| Free cash flow | -19M | -96.1M | -94.1M | -84.5M | -93.2M |
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 | -4.2M | -31.9M | -15.7M | -36.8M | -38.1M | -30.9M | -41.2M | -30.2M | -41.9M | -85.6M | -78.6M | -52.5M |
| Depreciation & amortization | 1.9M | 2M | 897K | 643K | 1M | 635K | 743K | 951K | 848K | 707K | 950K | 1.1M |
| Stock-based compensation | -569K | 667K | 530K | 612K | -202K | -369K | 692K | 1.8M | 2.5M | 4.1M | 2.5M | 2.5M |
| Change in working capital | -100K | 3.4M | -4.2M | 3M | -1.3M | -52K | -7.6M | 6.9M | -4.1M | -2.1M | 857K | -20.7M |
| Operating cash flow | 6.2M | -16.7M | -9.1M | -23.6M | -29.4M | -22.3M | -38.2M | -11.3M | -15.2M | -34.3M | -45.1M | -49.6M |
| Capital expenditure | — | — | — | — | — | — | — | -1.1M | -3.3M | -4.9M | -11.9M | -21.5M |
| Investing cash flow | 3.6M | -504K | 5.5M | -28K | -447K | -4.6M | — | -1.1M | -3.3M | -4.9M | -11.9M | -21.5M |
| Dividends paid | — | — | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |
| Share repurchases | — | — | — | — | — | — | — | — | -1.2M | — | — | — |
| Financing cash flow | 40.8M | -14.5M | 16.7M | 61.4M | -1.6M | 7.5M | 18.6M | 103.4M | -13.1M | -7.3M | 521.9M | -384K |
| Net change in cash | 50.7M | -31.7M | 13M | 37.7M | -31.5M | -19.5M | -19.6M | 91M | -31.6M | -46.6M | 465M | -71.5M |
| Free cash flow | -26M | -6.5M | -25.9M | -26.4M | -23.7M | -8.5M | -23.1M | -12.4M | -18.5M | -39.2M | -56.9M | -71.1M |