SMHI Stock Price Chart
Daily OHLCV with technical indicators — pan, zoom, and customize your view
04
range
bars
Bar granularity adapts to the selected period — hover the chart to see open/high/low/close for a bar.
10-Year Performance
Revenue, net income, margins and EPS trends
06
Revenue$228M2016-12-31 → 2025-12-31
EPS$-1.062019-12-31 → 2025-12-31
Free Cash Flow$-85M2018-12-31 → 2025-12-31
Net margin-8.6%2018-12-31 → 2025-12-31
Valuation & Ratios07–12
Valuation
P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?
Metric
5Y trend
SMHI
5Y avg
Peer Median
Verdict
P/E (TTM)
-11.35Y avg ≈-9.2
≈-9.2
·
·
Peer median is calculated on a standardized basis per metric and may not always match the TTM/MRQ basis shown for this stock.
Profitability
Gross, operating and net margins; ROE, ROA, ROIC
Metric
5Y trend
SMHI
5Y avg
Peer Median
Verdict
Gross Margin (TTM)
17.0%5Y avg ≈27.3%
≈27.3%
·
·
Operating Margin (TTM)
10.7%5Y avg ≈-6.3%
≈-6.3%
8.1%
Top tier
EBITDA Margin (TTM)
31.2%5Y avg ≈17.3%
≈17.3%
10.2%
Top tier
Pretax Margin (TTM)
-2.7%5Y avg ≈-13.8%
≈-13.8%
5.5%
Top tier
Net Profit Margin (TTM)
-8.6%5Y avg ≈-11.6%
≈-11.6%
4.8%
Top tier
ROA (TTM)
-2.8%5Y avg ≈-4.1%
≈-4.1%
1.3%
Weak
ROE (TTM)
-7.0%5Y avg ≈-9.0%
≈-9.0%
4.3%
Weak
ROIC
3.5%5Y avg ≈2.6%
≈2.6%
2.5%
Top tier
Financial Health
Debt, liquidity, solvency — balance sheet strength
Metric
5Y trend
SMHI
5Y avg
Peer Median
Verdict
Debt / Equity (MRQ)
1.35Y avg ≈1.0
≈1.0
0.1
High debt
Current Ratio (MRQ)
2.45Y avg ≈1.8
≈1.8
1.8
Strong liquidity
Quick Ratio
1.95Y avg ≈1.4
≈1.4
1.1
Strong liquidity
Long-Term Debt / Equity (MRQ)
1.15Y avg ≈0.9
≈0.9
0.2
High debt
Growth
Revenue, EPS and net income growth: YoY, 3Y CAGR, 5Y CAGR
Metric
5Y trend
SMHI
5Y avg
Peer Median
Verdict
Revenue YoY
-16.0%5Y avg ≈11.5%
≈11.5%
·
·
Revenue CAGR 3Y
1.6%5Y avg ≈14.5%
≈14.5%
·
·
Revenue CAGR 5Y
9.9%
·
·
·
Per Share Metrics
EPS, book value per share, cash flow per share, dividend per share
Metric
5Y trend
SMHI
5Y avg
Peer Median
Verdict
EPS (Diluted)
$-1.065Y avg ≈$-1.12
≈$-1.12
·
·
Revenue / Share
$8.695Y avg ≈$8.74
≈$8.74
·
·
Cash Flow / Share
$-1.395Y avg ≈$-0.33
≈$-0.33
·
·
Capital Efficiency
Asset turnover, inventory turnover, receivables turnover
Metric
5Y trend
SMHI
5Y avg
Peer Median
Verdict
Asset Turnover
0.35Y avg ≈0.3
≈0.3
0.8
Weak
Receivables Turnover
3.45Y avg ≈3.9
≈3.9
5.4
Weak
Revenue / Employee
≈$256.3K
·
·
·
value · ≈ 5Y avg · industry median · verdict relative to median
Earnings History
EPS actual vs estimate, surprise %, beat rate, next earnings date
14
Avg Surprise54.3%
Next ReportOct 27, 2026
Period
Report
EPS Actual
EPS Est
Surprise
June 30, 2026
Jul 28, 2026
$0.12
$-1.26
109.5%
March 31, 2026
$-0.61
$-0.94
35.0%
Dec. 31, 2025
$-0.57
$-0.66
14.0%
Sept. 30, 2025
$0.35
$-0.60
158.2%
June 30, 2025
$-0.26
$-0.28
5.6%
March 31, 2025
$-0.56
$-0.58
3.7%
Full Fundamentals
All metrics by year — income statement, balance sheet, cash flow
15
Income Statement17
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
Revenue
$228M
$271M
$280M
$217M
$171M
$142M
$174M
$179M
$123M
$216M
$369M
Cost of Revenue
·
·
·
·
·
·
·
$175M
$147M
$149M
·
Gross Profit
$46M
$74M
$120M
$45M
$44M
$51M
$65M
$60M
$19M
$66M
·
SG&A Expense
$47M
$45M
$49M
$41M
$38M
$40M
$40M
$42M
$50M
$49M
$53M
Operating Expenses
$278M
$295M
$265M
$273M
$229M
$196M
$222M
$236M
$229M
$274M
$253M
Operating Income
$14M
$-10M
$36M
$-54M
$-37M
$-72M
$-54M
$-68M
$-130M
$-175M
$-39M
Interest Expense
·
·
$38M
$30M
$28M
$31M
$29M
$27M
$16M
$10M
$4M
Interest Income
$2M
$2M
$1M
$784.0K
$1M
$1M
$1M
$1M
$2M
$4M
$836.0K
Other Non-op
$-189.0K
$121.0K
$0
$755.0K
$44M
$-26M
$-30M
$677.0K
$-6.0K
$-1M
$261.0K
Pretax Income
$-19M
$-83M
$-4M
$-70M
$7M
$-98M
$-84M
$-92M
$-118M
$-190M
$-53M
Income Tax
$11M
$-3M
$9M
$9M
$11M
$-23M
$-8M
$-13M
$-74M
$-63M
$-17M
Net Income
$-28M
$-78M
$-9M
$-72M
$33M
$-79M
$-93M
$-78M
$-33M
$-132M
$-27M
EPS (Basic)
$-1.06
$-2.82
$-0.34
$-2.69
$1.30
$-3.18
$-3.95
·
$-1.87
$-7.47
$-1.54
EPS (Diluted)
$-1.06
$-2.82
$-0.34
$-2.69
$1.30
$-3.18
$-3.95
·
·
·
·
Shares (Basic)
26,223,155
27,655,289
27,082,391
26,626,179
25,444,693
24,785,744
23,513,925
·
17,601,244
17,671,356
17,671,356
Shares (Diluted)
26,223,155
27,655,289
27,082,391
26,626,179
25,495,527
24,785,744
23,513,925
·
·
·
·
EBITDA
$61M
$41M
$89M
$2M
$20M
$-14M
$11M
$5M
·
·
·
Balance Sheet27
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
Cash & Equivalents
$69M
$59M
$67M
$40M
$38M
$33M
$81M
$92M
$110M
$117M
$150M
Short-term Investments
·
·
·
·
·
·
·
·
$0
$40M
·
Receivables
$65M
$70M
$64M
$54M
$56M
$45M
$43M
$55M
$46M
$45M
·
Inventory
$2M
$3M
$2M
$2M
$928.0K
$576.0K
$1M
$2M
$4M
$3M
·
Prepaid Expense
$5M
$4M
$3M
$3M
$4M
$3M
$2M
$2M
$3M
$3M
·
Current Assets
$180M
$174M
$165M
$132M
$111M
$179M
$195M
$179M
$177M
$251M
·
PP&E (Net)
$475M
$545M
$605M
$665M
$721M
$754M
$661M
$744M
$690M
$542M
·
PP&E (Gross)
·
·
$919M
$968M
$1.01B
$1.01B
$899M
$1.05B
$1.06B
$959M
$1.10B
Accum. Depreciation
$349M
$367M
$324M
$311M
$302M
$292M
$309M
$418M
$460M
$541M
$547M
Other Non-current Assets
$2M
$2M
$2M
$2M
$2M
$3M
$3M
$4M
$4M
$6M
·
Total Assets
$661M
$727M
$780M
$815M
$913M
$1.02B
$1.01B
$1.10B
$1.01B
$1.02B
·
Accounts Payable
$21M
$29M
$28M
$38M
$28M
$30M
$25M
$18M
$24M
$26M
·
Accrued Liabilities
·
·
·
·
·
·
·
·
$20M
$9M
·
Current Liabilities
$71M
$85M
$77M
$121M
$85M
$132M
$120M
$84M
$99M
$81M
·
Capital Leases
$607.0K
$3M
$4M
$5M
$5M
$4M
$9M
·
·
·
·
Deferred Tax
$19M
$22M
$36M
$41M
$41M
$36M
$34M
$45M
$56M
$125M
·
Other Non-current Liabilities
$565.0K
$1M
$2M
$3M
$3M
$3M
$6M
$27M
$32M
$41M
·
Total Liabilities
$396M
$429M
$406M
$436M
$466M
$616M
$530M
$548M
$485M
$465M
·
Long-term Debt
$335M
$345M
$316M
$322M
$364M
$473M
$374M
$405M
$315M
$238M
·
Total Debt
$335M
$345M
$316M
$322M
$364M
$473M
$398M
$405M
·
·
·
Common Stock
$280.0K
$287.0K
$280.0K
$272.0K
$262.0K
$235.0K
$219.0K
$204.0K
$177.0K
$177.0K
·
Paid-in Capital
·
·
·
·
·
·
$429M
$415M
$304M
$306M
·
Retained Earnings
$-208M
$-181M
$-102M
$-93M
$-23M
$-52M
$27M
$127M
$217M
$249M
·
Treasury Stock
$10M
$8M
$4M
$2M
$1M
$848.0K
$669.0K
$91.0K
·
·
·
AOCI
$10M
$7M
$8M
$7M
$8M
$3M
$2M
$-17M
$-12M
$-11M
$-6M
Stockholders' Equity
$264M
$298M
$374M
$379M
$446M
$402M
$457M
$526M
$508M
$545M
·
Liabilities + Equity
$661M
$727M
$780M
$815M
$913M
$1.02B
$1.01B
$1.10B
$1.01B
$1.02B
·
Cash Flow18
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
D&A
$47M
$52M
$54M
$56M
$57M
$57M
$57M
$61M
$60M
$58M
$62M
Stock-based Comp
$6M
$6M
$6M
$5M
$5M
$5M
$5M
·
$726.0K
$0
$0
Deferred Tax
$-3M
$-14M
$-5M
$97.0K
$5M
$2M
$-13M
$-23M
$-61M
$-48M
$-16M
Amort. of Intangibles
·
·
·
·
·
·
·
·
·
$100.0K
$900.0K
Other Non-cash
$-59M
$23M
$-36M
$-4M
$-92M
$-10M
$51M
$-25M
·
·
·
Operating Cash Flow
$-36M
$-10M
$9M
$-15M
$9M
$-30M
$2M
$-64M
$38M
$-29M
$20M
CapEx
$49M
$7M
$11M
$462.0K
$7M
$21M
$45M
$36M
$69M
$101M
$88M
Investing Cash Flow
$80M
$18M
$49M
$58M
·
·
·
$-31M
$-31M
$-16M
$-88M
Debt Issued
$16M
$345M
$148M
$0
$0
·
·
$54M
$7M
$43M
$169M
Net Debt Issued
$-12M
$321M
$119M
$-38M
$-78M
$-23M
$-24M
$-49M
·
·
·
Stock Issued
$0
$0
$24.0K
$0
$10.0K
·
·
$43M
·
·
·
Stock Repurchased
$7M
$0
$0
·
·
·
·
·
·
·
·
Net Stock Activity
$-7M
$0
·
·
$10.0K
·
·
$43M
·
·
·
Financing Cash Flow
$-27M
$-15M
$-17M
$-41M
·
·
$-26M
$69M
$-12M
$16M
$115M
Net Change in Cash
$17M
$-8M
$41M
$2M
$2M
$-48M
$-10M
$-16M
$-6M
$-32M
·
Taxes Paid
$11M
$10M
$10M
$885.0K
$33M
$1M
$2M
$321.0K
$34M
$10M
·
Free Cash Flow
$-85M
$-18M
$-2M
$-15M
$2M
$-51M
$-46M
$-105M
·
·
·
Levered FCF
·
·
$-120M
$-48M
$23M
$-74M
$-73M
$-129M
·
·
·
Profitability8
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
Gross Margin
20.2%
27.3%
42.9%
20.9%
25.5%
35.7%
38.6%
31.0%
·
·
·
Operating Margin
6.0%
-3.8%
12.7%
-24.9%
-21.7%
-50.5%
-26.1%
-26.3%
·
·
·
Net Margin
-12.2%
-28.8%
-3.3%
-33.0%
19.4%
-55.6%
-46.1%
-30.6%
·
·
·
Pretax Margin
-8.4%
-30.6%
-1.5%
-32.2%
3.9%
-69.2%
-41.1%
-36.3%
·
·
·
EBITDA Margin
26.7%
15.2%
32.0%
0.90%
11.8%
-10.2%
5.7%
2.2%
·
·
·
ROA
-4.0%
-10.4%
-1.2%
-8.3%
3.4%
-7.8%
-8.8%
-7.3%
·
·
·
ROE
-9.9%
-23.2%
-2.5%
-17.4%
7.8%
-18.4%
-18.9%
-15.0%
·
·
·
ROIC
3.5%
-1.6%
16.3%
-8.6%
3.4%
-6.3%
-5.5%
-6.1%
·
·
·
Liquidity & Solvency5
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
Current Ratio
2.5
2.0
2.1
1.1
1.3
1.4
1.7
2.1
·
·
·
Quick Ratio
1.9
1.5
1.7
0.8
1.1
0.6
1.4
1.9
·
·
·
Debt / Equity
1.3
1.2
0.8
0.8
0.8
1.2
0.9
0.8
·
·
·
LT Debt / Equity
1.2
1.1
0.8
0.7
0.7
1.1
0.8
0.7
·
·
·
Interest Coverage
·
·
0.9
-1.8
-1.3
-2.3
-1.7
-2.4
·
·
·
Efficiency3
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
Asset Turnover
0.3
0.4
0.4
0.3
0.2
0.1
0.2
0.2
·
·
·
Inventory Turnover
·
·
·
·
·
·
·
48.6
·
·
·
Receivables Turnover
3.4
4.1
4.7
4.0
3.4
3.2
3.9
4.6
·
·
·
Per Share3
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
Revenue / Share
$8.69
$9.81
$10.32
$8.16
$6.70
·
·
·
·
·
·
Cash Flow / Share
$-1.39
$-0.37
$0.33
$-0.55
$0.35
·
·
·
·
·
·
EPS (TTM)
$-1.06
$-2.82
$-0.34
$-2.69
$1.30
$-3.18
$-3.95
$-3.41
$-2.40
·
·
Growth Rates3
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
Revenue YoY
-16.0%
-2.9%
28.6%
27.1%
20.5%
·
·
·
·
·
·
Revenue CAGR 3Y
1.6%
16.7%
25.4%
·
·
·
·
·
·
·
·
Revenue CAGR 5Y
9.9%
·
·
·
·
·
·
·
·
·
·
Valuation (TTM)4
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
Revenue TTM
$228M
$271M
$280M
$217M
$171M
$142M
$174M
$179M
$123M
·
·
Net Income TTM
$-28M
$-78M
$-9M
$-72M
$33M
$-79M
$-93M
$-78M
$-33M
·
·
P/E
-5.7
-2.3
-37.0
-3.4
2.6
-0.9
-3.5
-3.4
-4.9
·
·
Earnings Yield
-17.6%
-43.0%
-2.7%
-29.4%
38.2%
-117.3%
-28.6%
-29.0%
-20.5%
·
·
Income Statement16
Metric
Trend
Q2 2026
Q1 2026
Q4 2025
Q3 2025
Q2 2025
Q1 2025
Q4 2024
Q3 2024
Q2 2024
Q1 2024
Q4 2023
Q3 2023
Q2 2023
Q1 2023
Q4 2022
Q3 2022
Revenue
$55M
$44M
$52M
$59M
$61M
$55M
$70M
$69M
$70M
$63M
$73M
$77M
$68M
$61M
$58M
$60M
Gross Profit
$8M
$7M
$10M
$12M
$11M
$14M
$23M
$16M
$20M
$15M
$30M
$37M
$31M
$23M
$14M
$16M
SG&A Expense
$12M
$10M
$13M
$11M
$12M
$11M
$11M
$11M
$11M
$12M
$12M
$12M
$14M
$12M
$11M
$10M
Operating Expenses
$70M
$58M
$66M
$71M
$74M
$67M
$71M
$77M
$74M
$73M
$69M
$67M
$66M
$65M
$69M
$69M
Operating Income
$16M
$-6M
$-5M
$18M
$6M
$-5M
$11M
$-6M
$-4M
$-11M
$23M
$10M
$3M
$185.0K
$-10M
$-11M
Interest Expense
·
·
·
·
·
·
·
·
$10M
$10M
·
$10M
$9M
$9M
·
$8M
Interest Income
$443.0K
$491.0K
$751.0K
$297.0K
$372.0K
$436.0K
$372.0K
$358.0K
$445.0K
$593.0K
$222.0K
$340.0K
$422.0K
$460.0K
·
·
Other Non-op
$4.0K
$-7M
$32.0K
$-221.0K
$0
$-10M
$187.0K
$29.0K
$0
$-95.0K
$0
$0
$0
$0
$6M
$659.0K
Pretax Income
$7M
$-14M
$-13M
$14M
$-4M
$-15M
$-30M
$-18M
$-14M
$-21M
$12M
$-796.0K
$-6M
$-9M
$-10M
$-16M
Income Tax
$4M
$2M
$2M
$5M
$3M
$904.0K
$-2M
$-513.0K
$-682.0K
$925.0K
$6M
$2M
$-1M
$1M
$4M
$8M
Net Income
$3M
$-16M
$-15M
$9M
$-7M
$-15M
$-26M
$-16M
$-12M
$-23M
$6M
$-883.0K
$-5M
$-10M
$-13M
$-24M
EPS (Basic)
$0.13
$-0.61
$-0.59
$0.35
$-0.26
$-0.56
$-0.94
$-0.59
$-0.45
$-0.84
$0.22
$-0.03
$-0.17
$-0.36
$-0.50
$-0.91
EPS (Diluted)
$0.12
$-0.61
$-0.59
$0.35
$-0.26
$-0.56
$-0.94
$-0.59
$-0.45
$-0.84
$0.22
$-0.03
$-0.17
$-0.36
$-0.50
$-0.91
Shares (Basic)
26,072,144
25,784,915
·
25,657,809
25,686,560
27,908,297
·
27,772,733
27,729,033
27,343,604
·
27,181,754
27,137,873
26,822,391
·
26,727,864
Shares (Diluted)
26,353,556
25,784,915
·
25,887,710
25,686,560
27,908,297
·
27,772,733
27,729,033
27,343,604
·
27,181,754
27,137,873
26,822,391
·
26,727,864
EBITDA
$27M
$4M
·
$30M
$18M
$8M
·
$6M
$9M
$2M
·
$23M
$16M
$14M
·
$3M
Balance Sheet24
Metric
Trend
Q2 2026
Q1 2026
Q4 2025
Q3 2025
Q2 2025
Q1 2025
Q4 2024
Q3 2024
Q2 2024
Q1 2024
Q4 2023
Q3 2023
Q2 2023
Q1 2023
Q4 2022
Q3 2022
Cash & Equivalents
$55M
$39M
$69M
$91M
$34M
$43M
$59M
$36M
$41M
$60M
·
$56M
$41M
$41M
·
$48M
Receivables
$62M
$69M
$65M
$63M
$63M
$64M
$70M
$76M
$71M
$58M
·
$63M
$60M
$60M
·
$59M
Inventory
$2M
$3M
$2M
$3M
$3M
$3M
$3M
$3M
$3M
$3M
·
$2M
$2M
$2M
·
$2M
Prepaid Expense
$5M
$6M
$5M
$3M
$5M
$6M
$4M
$5M
$6M
$3M
·
$3M
$3M
$3M
·
$5M
Current Assets
$168M
$172M
$180M
$194M
$133M
$141M
$174M
$131M
$130M
$140M
·
$142M
$126M
$132M
·
$149M
PP&E (Net)
$459M
$463M
$475M
$493M
$542M
$544M
$545M
$571M
$583M
$596M
·
$627M
$641M
$654M
·
$679M
PP&E (Gross)
·
·
·
·
·
·
·
·
$921M
$919M
·
$937M
$966M
$969M
·
$992M
Accum. Depreciation
$352M
$342M
$349M
$345M
$377M
$365M
$367M
$363M
$350M
$337M
$324M
$319M
$335M
$324M
$311M
$322M
Other Non-current Assets
$2M
$2M
$2M
$2M
$2M
$2M
$2M
$2M
$2M
$2M
·
$2M
$2M
$2M
·
$2M
Total Assets
$633M
$641M
$661M
$692M
$680M
$694M
$727M
$709M
$722M
$745M
·
$780M
$784M
$804M
·
$843M
Accounts Payable
$14M
$16M
$21M
$26M
$27M
$28M
$29M
$23M
$18M
$23M
·
$32M
$39M
$44M
·
$36M
Current Liabilities
$71M
$73M
$71M
$81M
$81M
$75M
$85M
$81M
$71M
$74M
·
$84M
$127M
$128M
·
$118M
Capital Leases
$559.0K
$470.0K
$607.0K
$567.0K
$812.0K
$3M
$3M
$3M
$3M
$3M
·
$4M
$4M
$4M
·
$4M
Deferred Tax
$20M
$19M
$19M
$21M
$18M
$20M
$22M
$27M
$30M
$34M
·
$33M
$34M
$39M
·
$40M
Other Non-current Liabilities
$599.0K
$4M
$565.0K
$639.0K
$625.0K
$1M
$1M
$1M
$1M
$2M
·
$2M
$2M
$2M
·
$3M
Total Liabilities
$381M
$393M
$396M
$415M
$412M
$410M
$429M
$384M
$384M
$396M
·
$415M
$417M
$435M
·
$454M
Long-term Debt
$320M
$327M
$335M
$342M
$341M
$340M
$345M
$301M
$306M
$311M
·
$320M
$308M
$315M
·
$340M
Total Debt
$320M
$327M
·
$342M
$341M
$340M
·
$301M
$306M
$311M
·
$320M
$308M
$315M
·
$340M
Common Stock
$284.0K
$284.0K
$280.0K
$281.0K
$281.0K
$293.0K
$287.0K
$287.0K
$286.0K
$286.0K
·
$280.0K
$280.0K
$279.0K
·
$272.0K
Retained Earnings
$-221M
$-224M
$-208M
$-194M
$-203M
$-196M
$-181M
$-154M
$-138M
$-126M
·
$-108M
$-107M
$-103M
·
$-80M
Treasury Stock
$11M
$11M
$10M
$10M
$10M
$10M
$8M
$8M
$8M
$8M
·
$4M
$4M
$4M
·
$2M
AOCI
$10M
$10M
$10M
$10M
$11M
$8M
$7M
$9M
$7M
$8M
·
$6M
$8M
$7M
·
$5M
Stockholders' Equity
$252M
$248M
$264M
$277M
$267M
$284M
$298M
$325M
$338M
$349M
·
$365M
$367M
$369M
·
$389M
Liabilities + Equity
$633M
$641M
$661M
$692M
$680M
$694M
$727M
$709M
$722M
$745M
·
$780M
$784M
$804M
·
$843M
Cash Flow16
Metric
Trend
Q2 2026
Q1 2026
Q4 2025
Q3 2025
Q2 2025
Q1 2025
Q4 2024
Q3 2024
Q2 2024
Q1 2024
Q4 2023
Q3 2023
Q2 2023
Q1 2023
Q4 2022
Q3 2022
D&A
$11M
$10M
$10M
$12M
$12M
$13M
$13M
$13M
$13M
$13M
$13M
$13M
$14M
$14M
$14M
$14M
Stock-based Comp
$1M
$1M
$2M
$2M
$2M
$2M
$2M
$2M
$2M
$2M
$2M
$2M
$2M
$1M
$1M
$2M
Deferred Tax
$686.0K
$-482.0K
$-1M
$2M
$-2M
$-2M
$-5M
$-3M
$-4M
$-2M
$3M
$-960.0K
$-5M
$-2M
$957.0K
$6M
Other Non-cash
·
$-11M
·
·
·
$-9M
·
·
·
$3M
·
·
·
$-4M
·
·
Operating Cash Flow
$-13M
$-15M
$-12M
$-11M
$-2M
$-11M
$9M
$626.0K
$-12M
$-7M
$-1M
$7M
$4M
$-552.0K
$-3M
$-6M
CapEx
$6M
$6M
$8M
$9M
$10M
$21M
$3M
$210.0K
$658.0K
$3M
$4M
$6M
$35.0K
$470.0K
$185.0K
$240.0K
Investing Cash Flow
$38M
$7M
$5M
$67M
$21M
$-12M
$19M
$2M
$-572.0K
$-3M
$33M
$-1M
$5M
$12M
$5M
$46M
Debt Issued
·
·
$0
$8M
·
·
$345M
$0
·
·
$87.0K
$121M
·
·
$0
$0
Net Debt Issued
·
$-8M
·
·
·
$-5M
·
·
·
$-8M
·
·
·
$-9M
·
·
Stock Issued
·
·
·
·
·
·
·
·
·
·
$77.6K
·
·
·
$-10.0K
$0
Stock Repurchased
·
·
$0
$0
·
·
$0
$0
·
·
·
·
·
·
·
·
Financing Cash Flow
$-8M
$-9M
$-8M
$595.0K
$-13M
$-7M
$10M
$-8M
$-6M
$-11M
$-6M
$9M
$-9M
$-11M
$-10M
$-14M
Net Change in Cash
$18M
$-18M
$-15M
$57M
$6M
$-31M
$38M
$-5M
$-19M
$-22M
$25M
$15M
$-106.0K
$607.0K
$-8M
$25M
Taxes Paid
·
·
$10M
$2M
·
·
$10M
$-100.0K
$50.0K
$0
$8M
$1M
$110.0K
$446.0K
$2M
$-2M
Free Cash Flow
·
$-21M
·
·
·
$-32M
·
·
·
$-11M
·
·
·
$-1M
·
·
Levered FCF
·
·
·
·
·
·
·
·
·
$-21M
·
·
·
$-11M
·
·
Profitability8
Metric
Trend
Q2 2026
Q1 2026
Q4 2025
Q3 2025
Q2 2025
Q1 2025
Q4 2024
Q3 2024
Q2 2024
Q1 2024
Q4 2023
Q3 2023
Q2 2023
Q1 2023
Q4 2022
Q3 2022
Gross Margin
14.5%
15.2%
·
19.4%
18.6%
24.4%
·
23.2%
29.1%
23.4%
·
48.6%
45.7%
37.9%
·
26.4%
Operating Margin
29.2%
-14.4%
·
30.5%
10.0%
-9.5%
·
-9.4%
-5.6%
-16.9%
·
13.0%
4.3%
0.31%
·
-18.2%
Net Margin
6.0%
-35.7%
·
15.2%
-11.1%
-27.9%
·
-23.7%
-17.9%
-36.8%
·
-1.2%
-6.8%
-16.0%
·
-40.7%
Pretax Margin
13.2%
-30.8%
·
23.7%
-7.3%
-27.9%
·
-25.9%
-20.2%
-33.5%
·
-1.1%
-9.0%
-14.9%
·
-26.2%
EBITDA Margin
48.8%
8.9%
·
51.0%
29.9%
13.6%
·
9.3%
12.9%
3.6%
·
30.8%
24.6%
23.3%
·
4.8%
ROA
0.50%
-2.4%
·
1.3%
-0.96%
-2.1%
·
-2.2%
-1.7%
-3.0%
·
-0.11%
-0.55%
-1.1%
·
-2.8%
ROE
1.3%
-5.9%
·
3.0%
-2.2%
-4.9%
·
-4.7%
-3.5%
-6.4%
·
-0.23%
-1.2%
-2.4%
·
-5.8%
ROIC
1.3%
-1.3%
·
1.8%
1.6%
-0.89%
·
-1.0%
-0.58%
-1.7%
·
5.7%
0.35%
0.03%
·
-2.3%
Liquidity & Solvency5
Metric
Trend
Q2 2026
Q1 2026
Q4 2025
Q3 2025
Q2 2025
Q1 2025
Q4 2024
Q3 2024
Q2 2024
Q1 2024
Q4 2023
Q3 2023
Q2 2023
Q1 2023
Q4 2022
Q3 2022
Current Ratio
2.4
2.4
·
2.4
1.6
1.9
·
1.6
1.8
1.9
·
1.7
1.0
1.0
·
1.3
Quick Ratio
1.7
1.5
·
1.9
1.2
1.4
·
1.4
1.6
1.6
·
1.4
0.8
0.8
·
0.9
Debt / Equity
1.3
1.3
·
1.2
1.3
1.2
·
0.9
0.9
0.9
·
0.9
0.8
0.9
·
0.9
LT Debt / Equity
1.1
1.2
·
1.1
1.2
1.1
·
0.8
0.8
0.8
·
0.8
0.7
0.7
·
0.7
Interest Coverage
·
·
·
·
·
·
·
·
-0.4
-1.0
·
1.0
0.3
0.0
·
-1.4
Efficiency2
Metric
Trend
Q2 2026
Q1 2026
Q4 2025
Q3 2025
Q2 2025
Q1 2025
Q4 2024
Q3 2024
Q2 2024
Q1 2024
Q4 2023
Q3 2023
Q2 2023
Q1 2023
Q4 2022
Q3 2022
Asset Turnover
0.1
0.1
·
0.1
0.1
0.1
·
0.1
0.1
0.1
·
0.1
0.1
0.1
·
0.1
Receivables Turnover
0.9
0.7
·
0.8
0.9
0.9
·
1.0
1.1
1.1
·
1.2
1.2
1.1
·
1.1
Per Share3
Metric
Trend
Q2 2026
Q1 2026
Q4 2025
Q3 2025
Q2 2025
Q1 2025
Q4 2024
Q3 2024
Q2 2024
Q1 2024
Q4 2023
Q3 2023
Q2 2023
Q1 2023
Q4 2022
Q3 2022
Revenue / Share
$2.07
$1.72
·
$2.29
$2.37
$1.99
·
$2.48
$2.52
$2.30
·
$2.78
$2.46
$2.24
·
$2.24
Cash Flow / Share
·
$-0.59
·
·
·
$-0.41
·
·
·
$-0.26
·
·
·
$-0.02
·
·
EPS (TTM)
$-0.73
$-1.11
·
$-1.41
$-2.35
$-2.54
·
$-1.66
$-1.10
$-0.82
·
$-1.06
$-1.94
$-2.49
·
$-2.69
Valuation (TTM)4
Metric
Trend
Q2 2026
Q1 2026
Q4 2025
Q3 2025
Q2 2025
Q1 2025
Q4 2024
Q3 2024
Q2 2024
Q1 2024
Q4 2023
Q3 2023
Q2 2023
Q1 2023
Q4 2022
Q3 2022
Revenue TTM
$210M
$217M
·
$245M
$255M
$264M
·
$275M
$283M
$281M
·
$264M
$247M
$233M
·
$207M
Net Income TTM
$-18M
$-28M
·
$-39M
$-65M
$-71M
·
$-46M
$-31M
$-23M
·
$-28M
$-52M
$-66M
·
$-74M
P/E
-10.5
-6.5
·
-4.6
-2.2
-2.0
·
-5.8
-12.3
-17.0
·
-13.1
-5.9
-3.1
·
-2.1
Earnings Yield
-9.5%
-15.5%
·
-21.7%
-46.1%
-50.2%
·
-17.2%
-8.2%
-5.9%
·
-7.6%
-17.0%
-32.7%
·
-47.9%
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
$228M
$271M
$280M
$217M
$171M
Gross Margin %
20.2%
27.3%
42.9%
20.9%
25.5%
Operating Margin %
6.0%
-3.8%
12.7%
-24.9%
-21.7%
Net Income
$-28M
$-78M
$-9M
$-72M
$33M
Diluted EPS
$-1.06
$-2.82
$-0.34
$-2.69
$1.30
Metric
2025-12-31
2024-12-31
2023-12-31
2022-12-31
2021-12-31
Debt / Equity
1.3
1.2
0.8
0.8
0.8
Current Ratio
2.5
2.0
2.1
1.1
1.3
Quick Ratio
1.9
1.5
1.7
0.8
1.1
Metric
2025-12-31
2024-12-31
2023-12-31
2022-12-31
2021-12-31
Free Cash Flow
$-85M
$-18M
$-2M
$-15M
$2M
Institutional owners (13F)
99 filers
· $100.8M 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.
Holders99
Value held$100.8M
New positions15
Exited positions9
Institutional activity — Q2 2026 vs prior quarter
New positions
Exited positions
Increased
Decreased
Net shares change
15 (-6 vs prior Q)
9 (0 vs prior Q)
29 (+9 vs prior Q)
31 (+1 vs prior Q)
+447K
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
17 insiders
· 7 officers · 10 directors