Earnings History
EPS actual vs estimate, surprise %, beat rate, next earnings date
14
Avg Surprise11.4%
Next ReportNov 10, 2026
Period
Report
EPS Actual
EPS Est
Surprise
Sept. 30, 2024
$-0.43
—
—
March 31, 2024
$-0.58
$-0.25
-132.5%
Sept. 30, 2023
$-0.15
$-0.22
35.0%
Dec. 31, 2022
$0.08
$-0.25
131.8%
Full Fundamentals
All metrics by year — income statement, balance sheet, cash flow
15
Income Statement16
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
Revenue
$268M
$268M
$222M
$207M
$202M
$162M
$98M
$1M
$7M
$417M
$350M
Cost of Revenue
$138M
$127M
$107M
$104M
$97M
$99M
$62M
$4M
$5M
$208M
$173M
Gross Profit
$130M
$141M
$115M
$103M
$105M
$64M
$36M
$-3M
$2M
$209M
$178M
R&D Expense
$3M
$4M
$5M
$7M
$12M
$9M
$12M
$20M
·
$37M
$37M
SG&A Expense
$79M
$81M
$73M
$77M
$93M
$100M
$82M
$44M
·
$78M
$65M
Operating Expenses
$195M
$184M
$156M
$159M
$171M
$171M
$154M
$69M
$74M
$157M
$148M
Operating Income
$-64M
$-43M
$-41M
$-57M
$-66M
$-107M
$-118M
$-68M
$-72M
$52M
$32M
Interest Income
·
·
·
·
·
·
·
·
·
$4M
$4M
Other Non-op
$12M
$544.6K
$973.7K
$2M
$28M
$-3M
$-23M
$-261.5K
$-16M
$-7M
$872.6K
Pretax Income
$-52M
$-42M
$-41M
$-55M
$-38M
$-111M
$-141M
$-68M
$-88M
$45M
$33M
Income Tax
$-4M
$-6M
$-7M
$-6M
$-2M
$-10M
$-7M
·
$-591.3K
$19M
$10M
Net Income
$-48M
$-36M
$-34M
$-48M
$-34M
$-92M
$-122M
$855M
·
$26M
$23M
EPS (Basic)
$-0.76
$-0.57
$-0.54
$-0.76
$-0.57
$-1.57
$-2.52
$18.25
·
$0.57
$0.49
EPS (Diluted)
$-0.76
$-0.57
$-0.54
$-0.76
$-0.57
$-1.57
$-2.52
$18.25
·
$0.57
$0.49
Shares (Diluted)
63,407,020
62,978,139
62,789,811
62,753,840
62,748,095
62,660,037
50,915,710
45,796,886
·
45,635,186
45,597,580
EBITDA
$-43M
$-19M
$-20M
$-34M
$-43M
$-78M
$-100M
$-54M
·
$60M
$39M
Balance Sheet28
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
Cash & Equivalents
$85M
$37M
$60M
$55M
$71M
$113M
$154M
$191M
$53M
$248M
$240M
Receivables
$298.4K
$3M
$2M
$6M
$938.2K
$2M
$214.6K
$439.8K
$52.9K
$51M
$48M
Prepaid Expense
$26M
$27M
$8M
$4M
$3M
$6M
$16M
$8M
$3M
$8M
$25M
Other Current Assets
$3M
$2M
$3M
$2M
$2M
$4M
$8M
$1M
$10M
$7M
$6M
Current Assets
$111M
$67M
$70M
$65M
$75M
$121M
$184M
$213M
$367M
$316M
$313M
PP&E (Net)
$32M
$39M
$30M
$33M
$37M
$38M
$42M
$37M
$42M
$57M
$63M
PP&E (Gross)
$74M
$75M
$66M
$69M
$69M
$80M
$77M
$59M
$64M
$118M
$115M
Accum. Depreciation
$42M
$36M
$36M
$36M
$33M
$42M
$35M
$21M
$22M
$61M
$53M
Goodwill
$162M
$196M
$196M
$196M
$195M
$195M
$200M
$0
$32M
$31M
$31M
Intangibles
$32M
$46M
$59M
$76M
$93M
$111M
$136M
$17M
$6M
$750.9K
$943.8K
Other Non-current Assets
$39M
$35M
$32M
$28M
$27M
$23M
$16M
$799.7K
$4M
$11M
$12M
Total Assets
$408M
$457M
$449M
$474M
$507M
$576M
$676M
$335M
$568M
$470M
$455M
Accrued Liabilities
$56M
$56M
$49M
$56M
$48M
$47M
$48M
$18M
$28M
$58M
$54M
Short-term Debt
·
·
·
·
·
$7M
$5M
·
·
·
·
Current Liabilities
$345M
$354M
$314M
$293M
$268M
$275M
$265M
$20M
$142M
$74M
$76M
Capital Leases
$15M
$17M
$9M
$20M
$23M
$24M
$13M
·
·
·
·
Deferred Tax
$2M
$6M
$12M
$19M
$25M
$29M
$48M
·
$23M
·
·
Other Non-current Liabilities
·
·
·
·
·
·
$13M
·
$669.6K
·
·
Total Liabilities
$376M
$377M
$336M
$331M
$316M
$328M
$326M
$20M
$167M
$76M
$78M
Long-term Debt
$16M
·
·
·
·
·
·
·
·
·
·
Total Debt
$16M
·
·
·
·
$7M
$5M
·
·
·
·
Common Stock
$5M
$5M
$5M
$5M
$5M
$5M
$5M
$4M
$4M
$4M
$4M
Retained Earnings
$-476M
$-428M
$-392M
$-358M
$-310M
$-299M
$-200M
$-72M
$26M
$48M
$22M
Treasury Stock
$8M
$8M
$8M
$9M
$10M
$12M
$28M
$28M
$28M
$28M
$8M
AOCI
$-37M
$-37M
$-37M
$-37M
$-38M
$-37M
$-37M
$-38M
$-27M
$-25M
$-27M
Stockholders' Equity
$32M
$80M
$113M
$143M
$188M
$198M
$300M
$276M
$365M
$394M
$377M
Liabilities + Equity
$408M
$457M
$449M
$474M
$507M
$576M
$676M
$335M
$568M
$470M
$455M
Shares Outstanding
63,593,666
63,249,096
62,893,960
62,753,840
62,753,840
62,701,002
62,357,078
45,796,886
45,796,886
45,734,348
45,460,582
Cash Flow17
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
D&A
$21M
$24M
$22M
$23M
$23M
$30M
$18M
$13M
·
$9M
$8M
Stock-based Comp
$569.7K
$3M
$3M
$1M
$1M
$2M
$5M
$21M
·
$9M
$7M
Deferred Tax
$-4M
$-6M
$-7M
$-6M
$-2M
$-10M
$-8M
$-26M
·
$7M
$-849.7K
Amort. of Intangibles
$14M
$18M
$17M
$17M
$17M
$22M
$12M
$2M
·
$192.9K
$192.9K
Other Non-cash
$14M
$12M
$24M
$15M
$-21M
$43M
$50M
$-1.18B
·
$14M
$9M
Operating Cash Flow
$-16M
$-3M
$9M
$-15M
$-32M
$-28M
$-58M
$-313M
·
$65M
$46M
CapEx
$1M
$20M
$2M
$2M
$4M
$5M
$1M
$7M
·
$3M
$15M
Investing Cash Flow
$49M
$-20M
$-4M
$-2M
$-10M
$-19M
$-37M
$1.20B
·
$-37M
·
Debt Issued
$37M
·
·
·
·
·
·
·
·
·
·
Net Debt Issued
$16M
·
·
·
·
·
·
·
·
·
·
Stock Repurchased
·
·
·
·
·
$4M
·
·
·
$20M
$8M
Net Stock Activity
·
·
·
·
·
$-4M
·
·
·
$-20M
$-8M
Dividends Paid
·
·
·
·
·
·
·
$947M
·
·
$58M
Financing Cash Flow
$16M
$-93.7K
$403.4K
$188.2K
$827.5K
$6M
$58M
$-950M
·
$-20M
·
Net Change in Cash
$49M
$-24M
$5M
$-16M
$-41M
$-41M
$-36M
$-66M
·
$7M
$-72M
Taxes Paid
·
·
·
·
·
·
·
·
·
$10M
·
Free Cash Flow
$-17M
$-23M
$7M
$-16M
$-36M
$-33M
$-59M
$-320M
·
$61M
$31M
Profitability8
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
Gross Margin
48.6%
52.7%
51.7%
49.6%
51.8%
39.2%
36.7%
-217.6%
·
50.1%
50.7%
Operating Margin
-23.9%
-16.1%
-18.7%
-27.4%
-32.8%
-66.3%
-120.5%
-5064.4%
·
12.4%
9.1%
Net Margin
-17.9%
-13.5%
-15.2%
-23.2%
-16.6%
-56.9%
-125.0%
63867.6%
·
6.2%
6.6%
Pretax Margin
-19.3%
-15.8%
-18.3%
-26.4%
-18.8%
-68.4%
-144.5%
-5084.0%
·
10.8%
9.3%
EBITDA Margin
-15.9%
-7.0%
-8.8%
-16.4%
-21.4%
-47.8%
-102.5%
-4068.5%
·
14.5%
11.2%
ROA
-11.1%
-8.0%
-7.3%
-9.8%
-6.2%
-14.7%
-24.2%
189.2%
·
5.6%
4.9%
ROE
-86.0%
-37.5%
-26.3%
-28.9%
-17.4%
-37.0%
-42.4%
266.9%
·
6.8%
5.8%
ROIC
-124.1%
-45.9%
-30.5%
-35.2%
-33.9%
-47.5%
-36.6%
·
·
7.6%
5.9%
Liquidity & Solvency4
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
Current Ratio
0.3
0.2
0.2
0.2
0.3
0.4
0.7
10.8
2.6
4.3
4.1
Quick Ratio
0.2
0.1
0.2
0.2
0.3
0.4
0.6
9.7
2.5
4.0
3.8
Debt / Equity
0.5
·
·
·
·
0.0
0.0
·
·
·
·
LT Debt / Equity
0.5
·
·
·
·
·
·
·
·
·
·
Efficiency2
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
Asset Turnover
0.6
0.6
0.5
0.4
0.4
0.3
0.2
0.0
·
0.9
0.7
Receivables Turnover
178.1
108.3
54.8
60.9
127.0
131.9
298.8
5.4
·
8.5
6.0
Per Share5
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
Book Value / Share
$0.50
$1.26
$1.80
$2.28
$2.99
$3.16
$4.81
$6.02
$7.96
$8.62
$8.30
Revenue / Share
$4.23
$4.26
$3.53
$3.30
$3.22
$2.59
$1.92
$0.03
·
$9.14
$7.68
Cash Flow / Share
$-0.25
$-0.05
$0.14
$-0.23
$-0.51
$-0.44
$-1.14
$-6.83
·
$1.41
$1.01
Cash / Share
$1.34
$0.58
$0.96
$0.88
$1.14
$1.80
$2.47
$4.16
$5.59
$5.42
$5.29
EPS (TTM)
$-0.76
$-0.57
$-0.54
$-0.76
$-0.57
$-1.57
$-2.52
$18.25
·
$0.57
$0.49
Valuation (TTM)16
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
Revenue TTM
$268M
$268M
$222M
$207M
$202M
$162M
$98M
$1M
$7M
$417M
$350M
Net Income TTM
$-48M
$-36M
$-34M
$-48M
$-34M
$-92M
$-122M
$855M
·
$26M
$23M
Market Cap
$50M
$54M
$73M
$80M
$67M
$75M
$85M
$42M
$212M
$237M
$186M
Enterprise Value
$-19M
·
·
·
·
$-31M
$-64M
·
·
·
·
P/E
-1.0
-1.5
-2.1
-1.7
-1.9
-0.8
-0.5
0.1
·
9.1
8.4
P/S
0.2
0.2
0.3
0.4
0.3
0.5
0.9
31.5
28.6
0.6
0.5
P/B
1.6
0.7
0.6
0.6
0.4
0.4
0.3
0.2
0.6
0.6
0.5
P / Cash Flow
-3.2
-16.1
8.3
-5.5
-2.1
-2.7
-1.5
-0.1
·
3.7
4.1
P / FCF
-2.9
-2.3
11.2
-4.9
-1.9
-2.3
-1.4
-0.1
·
3.9
6.0
EV / EBITDA
0.4
·
·
·
·
0.4
0.6
·
·
·
·
EV / FCF
1.1
·
·
·
·
1.0
1.1
·
·
·
·
EV / Revenue
-0.1
·
·
·
·
-0.2
-0.7
·
·
·
·
Dividend Yield
·
·
·
·
·
·
·
2246.7%
·
·
31.3%
Earnings Yield
-96.2%
-67.1%
-46.6%
-59.8%
-53.3%
-131.9%
-185.3%
1983.7%
·
11.0%
11.9%
Payout Ratio
·
·
·
·
·
·
·
110.7%
·
·
253.1%
Annual Payout
·
·
·
·
·
·
·
$947M
·
·
$58M
Per Share1
Metric
Trend
Q4 2014
Q4 2011
Q4 2010
Q4 2009
Q4 2008
EPS (TTM)
$0.59
$0.44
$-0.79
·
·
Valuation (TTM)4
Metric
Trend
Q4 2014
Q4 2011
Q4 2010
Q4 2009
Q4 2008
Revenue TTM
$385M
$304M
$245M
·
·
Net Income TTM
$27M
$20M
$-35M
·
·
P/E
6.7
18.2
-5.1
·
·
Earnings Yield
14.8%
5.5%
-19.6%
·
·
Most recent period on the left · null values shown as ·
Financial Statements
Income statement, balance sheet, cash flow — annual, last 5 years
16
Metric
2025-12-31
2024-12-31
2023-12-31
2022-12-31
2021-12-31
Revenue
$268M
$268M
$222M
$207M
$202M
Gross Margin %
48.6%
52.7%
51.7%
49.6%
51.8%
Operating Margin %
-23.9%
-16.1%
-18.7%
-27.4%
-32.8%
Net Income
$-48M
$-36M
$-34M
$-48M
$-34M
Diluted EPS
$-0.76
$-0.57
$-0.54
$-0.76
$-0.57
Metric
2025-12-31
2024-12-31
2023-12-31
2022-12-31
2021-12-31
Debt / Equity
0.5
·
·
·
·
Current Ratio
0.3
0.2
0.2
0.2
0.3
Quick Ratio
0.2
0.1
0.2
0.2
0.3
Metric
2025-12-31
2024-12-31
2023-12-31
2022-12-31
2021-12-31
Free Cash Flow
$-17M
$-23M
$7M
$-16M
$-36M
Institutional owners (13F)
9 filers
· $154K total
· As of June 30, 2026
17
Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.
Holders9
Value held$154K
New positions0
Exited positions1
Institutional activity — Q2 2026 vs prior quarter
New positions
Exited positions
Increased
Decreased
Net shares change
0 (0 vs prior Q)
1 (0 vs prior Q)
2 (+2 vs prior Q)
3 (-3 vs prior Q)
-23K
Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.
Investors who filed SEC Schedule 13D — beneficial ownership above 5% with an intent to influence the issuer (activist stakes, board campaigns, M&A). Each row shows the most recent known state of that filer's position.
Purpose is an automated classification of the filer's own stated purpose (SEC Item 4) — not investment advice. "—" means no clear purpose was stated or the text could not be classified.
Company insiders
3 insiders
· 3 officers · 2 directors