VELO 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.
Stock splits2
Ex-date
Split
Type
July 28, 2025
1-for-15
Reverse
June 13, 2024
1-for-35
Reverse
10-Year Performance
Revenue, net income, margins and EPS trends
06
Revenue$46M2022-12-31 → 2025-12-31
EPS$-4.332022-12-31 → 2025-12-31
Free Cash Flow$-30M2022-12-31 → 2025-12-31
Net margin-87.0%2022-12-31 → 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
VELO
5Y avg
Peer Median
Verdict
P/E (TTM)
-2.9
·
·
·
P/S (TTM)
6.3
·
3.3
Overvalued
P/B (MRQ)
2.5
·
3.9
Fair value
Price / FCF (TTM)
-6.1
·
·
·
Price / Cash Flow (TTM)
-6.8
·
·
·
Price / Tangible Book
0.0
·
·
·
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
VELO
5Y avg
Peer Median
Verdict
Gross Margin (TTM)
0.54%
·
55.0%
Weak
Operating Margin (TTM)
-83.9%
·
0.51%
Weak
EBITDA Margin (TTM)
-78.6%
·
3.3%
Weak
Pretax Margin (TTM)
-86.9%
·
-2.7%
Weak
Net Profit Margin (TTM)
-87.0%
·
-1.5%
Weak
ROA (TTM)
-35.9%
·
0.33%
Weak
ROE (TTM)
-59.6%
·
0.47%
Weak
ROIC
-144.2%
·
2.2%
Weak
Financial Health
Debt, liquidity, solvency — balance sheet strength
Metric
5Y trend
VELO
5Y avg
Peer Median
Verdict
Current Ratio (MRQ)
6.3
·
3.8
Strong liquidity
Quick Ratio
1.3
·
2.5
Strong liquidity
Growth
Revenue, EPS and net income growth: YoY, 3Y CAGR, 5Y CAGR
Metric
5Y trend
VELO
5Y avg
Peer Median
Verdict
Revenue YoY
12.1%
·
·
·
Revenue CAGR 3Y
-16.4%
·
·
·
Revenue CAGR 5Y
19.4%
·
·
·
Per Share Metrics
EPS, book value per share, cash flow per share, dividend per share
Metric
5Y trend
VELO
5Y avg
Peer Median
Verdict
EPS (Diluted)
$-4.33
·
·
·
Revenue / Share
$2.79
·
·
·
Cash Flow / Share
$-1.66
·
·
·
Cash / Share
$1.59
·
·
·
Capital Efficiency
Asset turnover, inventory turnover, receivables turnover
Metric
5Y trend
VELO
5Y avg
Peer Median
Verdict
Asset Turnover
0.5
·
0.8
Weak
Inventory Turnover
1.4
·
2.8
Weak
Receivables Turnover
9.2
·
7.0
Top tier
Revenue / Employee
≈$343.1K
·
·
·
value · ≈ 5Y avg · industry median · verdict relative to median
Earnings History
EPS actual vs estimate, surprise %, beat rate, next earnings date
14
Avg Surprise-50.2%
Next ReportNov 09, 2026
Period
Report
EPS Actual
EPS Est
Surprise
June 30, 2026
Aug 4, 2026
$-0.30
$-0.31
3.3%
March 31, 2026
May 12, 2026
$-0.28
$-0.44
36.2%
Dec. 31, 2025
$-1.03
$-0.58
-78.7%
Sept. 30, 2025
$-0.54
$-0.53
-1.8%
March 31, 2025
$-0.04
$-0.04
2.0%
March 31, 2024
$-0.08
$-0.05
-56.9%
Dec. 31, 2023
$-0.29
$-0.08
-255.4%
Full Fundamentals
All metrics by year — income statement, balance sheet, cash flow
15
Income Statement17
Metric
Trend
2025
2024
2023
2022
2021
2020
Revenue
$46M
$41M
$77M
$79M
$27M
$19M
Cost of Revenue
$53M
$43M
$104M
$78M
$22M
$13M
Gross Profit
$-7M
$-2M
$-26M
$843.0K
$5M
$6M
R&D Expense
$11M
$15M
$42M
$46M
$27M
$14M
SG&A Expense
$30M
$48M
$42M
$37M
$23M
$6M
Operating Expenses
$48M
$77M
$107M
$107M
$63M
$28M
Operating Income
$-55M
$-79M
$-133M
$-106M
$-58M
$-21M
Interest Expense
·
$16M
$10M
$372.0K
$3M
$639.0K
Other Non-op
$526.0K
$-4M
$506.0K
$1M
$-88.0K
$35.0K
Pretax Income
$-71M
$-70M
$-135M
$8M
$-107M
$-22M
Income Tax
$117.0K
$-20.0K
$0
$0
$0
$0
Net Income
$-71M
$-70M
$-135M
$8M
$-107M
$-22M
EPS (Basic)
$-4.33
$-82.32
$-23.97
$0.04
$-1.82
$-0.56
EPS (Diluted)
$-4.33
$-82.32
$-23.97
$0.04
$-1.82
$-0.56
Shares (Basic)
16,486,845
847,265
5,638,821
185,079,101
58,688,496
15,629,179
Shares (Diluted)
16,486,845
847,265
5,638,821
202,174,903
58,688,496
15,629,179
EBITDA
$-52M
$-77M
$-124M
$-99M
$-56M
·
Balance Sheet26
Metric
Trend
2025
2024
2023
2022
2021
2020
Cash & Equivalents
$39M
$1M
$24M
$32M
$208M
$16M
Short-term Investments
·
·
$7M
$48M
$15M
$0
Receivables
$6M
$4M
$10M
$9M
$13M
$1M
Inventory
$27M
$50M
$61M
$71M
$22M
$7M
Prepaid Expense
$6M
$2M
$4M
$6M
$9M
$807.0K
Current Assets
$80M
$58M
$113M
$172M
$268M
$28M
PP&E (Net)
$13M
$14M
$16M
$20M
$10M
$1M
PP&E (Gross)
$26M
$27M
$25M
$26M
$13M
$3M
Accum. Depreciation
$13M
$13M
$9M
$6M
$3M
$2M
Other Non-current Assets
$11M
$14M
$18M
$23M
$16M
$932.0K
Total Assets
$105M
$89M
$154M
$223M
$303M
$33M
Accounts Payable
$10M
$19M
$16M
$12M
$10M
$1M
Accrued Liabilities
$2M
$1M
$2M
$9M
$3M
$787.0K
Short-term Debt
·
$6M
·
·
·
·
Current Liabilities
$34M
$38M
$49M
$46M
$47M
$12M
Capital Leases
$7M
$8M
$10M
$12M
$9M
$232.0K
Other Non-current Liabilities
$1M
$863.0K
$1M
$428.0K
$308.0K
$-48.0K
Total Liabilities
$67M
$50M
$85M
$84M
$192M
$17M
Long-term Debt
$31M
$6M
$44M
$8M
·
·
Common Stock
$5.0K
$4.0K
$2.0K
$2.0K
$2.0K
$1.0K
Paid-in Capital
$536M
$466M
$425M
$362M
$340M
$15M
Retained Earnings
$-498M
$-427M
$-357M
$-222M
$-230M
$-123M
AOCI
$0
$0
$-96.0K
$-837.0K
$-14.0K
$0
Stockholders' Equity
$38M
$40M
$68M
$139M
$110M
$-108M
Liabilities + Equity
$105M
$89M
$154M
$223M
$303M
$33M
Shares Outstanding
24,607,630
12,993,962
7,383,390
187,561,368
183,232,494
16,003,558
Cash Flow11
Metric
Trend
2025
2024
2023
2022
2021
2020
D&A
$3M
$5M
$9M
$5M
$3M
$1M
Stock-based Comp
$10M
$12M
$25M
$20M
$4M
$1M
Deferred Tax
$0
$0
·
·
·
·
Other Non-cash
$31M
$20M
$-5M
$-159M
$44M
·
Operating Cash Flow
$-27M
$-33M
$-106M
$-124M
$-56M
$-26M
CapEx
$3M
$9.0K
$1M
$14M
$10M
$401.0K
Investing Cash Flow
$-3M
$8M
$39M
$-53M
$-34M
$-3M
Financing Cash Flow
$68M
$1M
$59M
$1M
$283M
$36M
Net Change in Cash
$38M
$-23M
$-7M
$-176M
$193M
$6M
Free Cash Flow
$-30M
$-33M
$-107M
$-138M
$-66M
·
Levered FCF
·
$-49M
$-116M
$-138M
$-69M
·
Profitability8
Metric
Trend
2025
2024
2023
2022
2021
2020
Gross Margin
-16.1%
-5.1%
-33.9%
3.6%
18.1%
·
Operating Margin
-119.5%
-200.8%
-172.1%
-129.1%
-210.5%
·
Net Margin
-155.2%
-178.8%
-174.5%
12.4%
-390.3%
·
Pretax Margin
-155.0%
-178.8%
-174.5%
12.4%
-390.3%
·
EBITDA Margin
-112.1%
-188.8%
-160.1%
-122.5%
-202.6%
·
ROA
-71.7%
-60.3%
-70.9%
4.2%
-63.9%
·
ROE
-209.7%
-197.9%
-161.8%
8.0%
-92.1%
·
ROIC
-144.2%
-207.5%
-195.0%
-74.0%
-52.3%
·
Liquidity & Solvency3
Metric
Trend
2025
2024
2023
2022
2021
2020
Current Ratio
2.4
1.5
2.4
3.8
5.7
3.4
Quick Ratio
1.3
0.1
0.8
1.9
5.1
2.4
Interest Coverage
·
-5.2
-13.7
-280.3
-21.1
·
Efficiency3
Metric
Trend
2025
2024
2023
2022
2021
2020
Asset Turnover
0.5
0.3
0.4
0.3
0.2
·
Inventory Turnover
1.4
0.8
1.5
1.1
1.5
·
Receivables Turnover
9.2
6.2
7.0
5.4
3.9
·
Per Share5
Metric
Trend
2025
2024
2023
2022
2021
2020
Book Value / Share
$1.55
$0.20
$0.26
$0.75
$0.60
·
Revenue / Share
$2.79
$3.23
$0.39
$0.40
$0.47
·
Cash Flow / Share
$-1.66
$-2.57
$-0.54
$-0.61
$-0.96
·
Cash / Share
$1.59
$0.01
$0.09
$0.17
$1.13
·
EPS (TTM)
$-4.33
$-82.32
$-23.97
$0.04
$-1.82
$-0.56
Growth Rates3
Metric
Trend
2025
2024
2023
2022
2021
2020
Revenue YoY
12.1%
-47.0%
-1.6%
186.8%
44.6%
·
Revenue CAGR 3Y
-16.4%
14.3%
59.8%
·
·
·
Revenue CAGR 5Y
19.4%
·
·
·
·
·
Valuation (TTM)10
Metric
Trend
2025
2024
2023
2022
2021
2020
Revenue TTM
$46M
$41M
$77M
$79M
$27M
$19M
Net Income TTM
$-71M
$-70M
$-135M
$8M
$-107M
$-22M
Market Cap
$338M
$1.97B
$54.00B
$176.26B
$751.30B
·
P/E
-3.2
-0.1
-8.7
23493.8
-2252.9
·
P/S
7.4
48.1
697.2
2239.5
27380.7
·
P/B
8.9
49.8
790.1
1251.4
6804.3
·
P / Tangible Book
8.9
49.8
790.1
1269.9
6804.3
·
P / Cash Flow
-12.4
-60.4
-511.2
-1421.9
-13320.0
·
P / FCF
-11.3
-60.4
-506.1
-1279.3
-11379.4
·
Earnings Yield
-31.5%
-813.0%
-11.5%
0.00%
-0.04%
·
Income Statement17
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
$21M
$14M
$9M
$14M
$14M
$9M
$13M
$8M
$10M
$10M
$2M
$23M
$25M
$27M
$28M
$19M
Cost of Revenue
$16M
$11M
$16M
$13M
$15M
$9M
$13M
$4M
$13M
$13M
$34M
$23M
$23M
$24M
$28M
$19M
Gross Profit
$4M
$2M
$-7M
$433.0K
$-2M
$697.0K
$-444.0K
$4M
$-3M
$-3M
$-31M
$163.0K
$3M
$3M
$-283.0K
$-121.0K
R&D Expense
$4M
$3M
$4M
$3M
$3M
$2M
$1M
$4M
$4M
$5M
$10M
$9M
$12M
$10M
$8M
$13M
SG&A Expense
$8M
$5M
$9M
$6M
$6M
$9M
$15M
$15M
$9M
$9M
$11M
$11M
$10M
$10M
$10M
$10M
Operating Expenses
$16M
$9M
$13M
$10M
$10M
$12M
$18M
$22M
$17M
$18M
$26M
$26M
$28M
$27M
$24M
$28M
Operating Income
$-11M
$-7M
$-20M
$-10M
$-12M
$-12M
$-18M
$-18M
$-19M
$-21M
$-57M
$-26M
$-26M
$-24M
$-24M
$-28M
Interest Expense
·
·
·
·
·
$1M
·
$4M
$5M
$4M
$6M
$3M
$344.0K
$220.0K
$10.0K
$129.0K
Other Non-op
$-242.0K
$708.0K
$554.0K
$-11.0K
$-6.0K
$-11.0K
$39.0K
$-2M
$-1M
$94.0K
$-459.0K
$436.0K
$178.0K
$351.0K
$457.0K
$384.0K
Pretax Income
$-12M
$-7M
$-20M
$-11M
$-13M
$-25M
$-18M
$-22M
$931.0K
$-28M
$-56M
$-19M
$-23M
$-36M
$21M
$-75M
Income Tax
$-9.0K
$26.0K
$34.0K
$-14.0K
$89.0K
$8.0K
$-20.0K
$0
$-4.0K
$4.0K
$0
$0
$0
$0
$0
$0
Net Income
$-12M
$-7M
$-20M
$-11M
$-13M
$-25M
$-18M
$-22M
$935.0K
$-28M
$-56M
$-19M
$-23M
$-36M
$21M
$-75M
EPS (Basic)
$-0.39
$-0.28
$-2.53
$-0.65
$-0.94
$-1.87
$-40.67
$-35.52
$1.65
$-55.51
$-16.31
$-3.37
$-4.10
$-0.19
$0.12
$-0.41
EPS (Diluted)
$-0.39
$-0.28
$-2.53
$-0.65
$-0.94
$-1.87
$-40.67
$-35.52
$1.65
$-55.51
$-16.31
$-3.37
$-4.10
$-0.19
$0.18
$-0.41
Shares (Basic)
29,448,322
25,021,065
·
17,124,361
14,041,712
13,398,104
·
616,030
565,026
7,436,976
·
5,771,465
5,659,601
189,609,021
·
185,560,177
Shares (Diluted)
29,448,322
25,021,065
·
17,124,361
14,041,712
13,398,104
·
616,030
565,026
7,436,976
·
5,771,465
5,659,601
189,609,021
·
185,560,177
EBITDA
$-11M
$-6M
·
$-11M
$-12M
$-11M
·
$-19M
$-21M
$-17M
·
$-25M
$-26M
$-23M
·
$-28M
Balance Sheet27
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
$91M
$17M
$39M
$12M
$854.0K
$4M
$1M
$2M
$2M
$8M
$24M
$58M
$29M
$37M
$32M
$40M
Short-term Investments
·
·
·
·
·
·
·
$0
$699.0K
$3M
$7M
$13M
$18M
$27M
$48M
$72M
Receivables
$8M
$7M
$6M
$7M
$5M
$5M
$4M
$10M
$8M
$12M
$10M
$13M
$14M
$14M
$9M
$21M
Inventory
$28M
$28M
$27M
$35M
$38M
$46M
$50M
$62M
$60M
$63M
$61M
$81M
$78M
$74M
$71M
$69M
Prepaid Expense
$17M
$10M
$6M
$2M
$3M
$6M
$2M
$2M
$2M
$3M
$4M
$3M
$3M
$5M
$6M
$5M
Current Assets
$156M
$65M
$80M
$59M
$49M
$62M
$58M
$80M
$82M
$98M
$113M
$184M
$158M
$165M
$172M
$210M
PP&E (Net)
$16M
$16M
$13M
$12M
$15M
$14M
$14M
$13M
$14M
$15M
$16M
$17M
$18M
$19M
$20M
$19M
PP&E (Gross)
$30M
$30M
$26M
$27M
$30M
$27M
$27M
$25M
$25M
$25M
$25M
$27M
$27M
$26M
$26M
$24M
Accum. Depreciation
$14M
$13M
$13M
$15M
$14M
$14M
$13M
$12M
$11M
$10M
$9M
$9M
$8M
$7M
$6M
$5M
Other Non-current Assets
$27M
$10M
$11M
$19M
$11M
$12M
$14M
$14M
$16M
$17M
$18M
$22M
$23M
$23M
$23M
$20M
Total Assets
$200M
$92M
$105M
$94M
$79M
$91M
$89M
$111M
$117M
$136M
$154M
$230M
$207M
$214M
$223M
$257M
Accounts Payable
$5M
$9M
$10M
$11M
$15M
$16M
$19M
$18M
$14M
$16M
$16M
$13M
$18M
$11M
$12M
$14M
Accrued Liabilities
$943.0K
$758.0K
$2M
$2M
$4M
$2M
$1M
$2M
$2M
$2M
$2M
$6M
$4M
$9M
$9M
$11M
Short-term Debt
·
·
·
·
$17M
·
·
·
·
·
·
·
·
·
·
·
Current Liabilities
$25M
$27M
$34M
$38M
$43M
$44M
$38M
$63M
$49M
$61M
$49M
$99M
$36M
$38M
$46M
$62M
Capital Leases
$22M
$6M
$7M
$7M
$8M
$8M
$8M
$9M
$9M
$10M
$10M
$10M
$11M
$12M
$12M
$13M
Other Non-current Liabilities
$1M
$1M
$1M
$1M
$9M
$1M
$863.0K
$1M
$2M
$2M
$1M
$255.0K
$396.0K
$330.0K
$428.0K
$1M
Total Liabilities
$54M
$41M
$67M
$64M
$57M
$59M
$50M
$76M
$65M
$91M
$85M
$127M
$96M
$92M
$84M
$145M
Long-term Debt
$8M
$9M
$31M
$23M
$22M
$22M
·
$32M
$34M
$44M
·
$80M
$22M
$13M
·
·
Total Debt
·
·
·
·
$39M
·
·
·
·
·
·
·
·
·
·
·
Common Stock
$5.0K
$5.0K
$5.0K
$5.0K
$4.0K
$4.0K
$4.0K
$2.0K
$2.0K
$2.0K
$2.0K
$2.0K
$2.0K
$2.0K
$2.0K
$2.0K
Paid-in Capital
$663M
$557M
$536M
$511M
$491M
$489M
$466M
$443M
$438M
$431M
$425M
$400M
$390M
$379M
$362M
$356M
Retained Earnings
$-517M
$-505M
$-498M
$-481M
$-470M
$-456M
$-427M
$-408M
$-386M
$-385M
$-357M
$-297M
$-279M
$-256M
$-222M
$-242M
AOCI
·
·
$0
$0
·
$0
$0
$0
$-2.0K
$-44.0K
$-96.0K
$-252.0K
$-401.0K
$-549.0K
$-837.0K
$-1M
Stockholders' Equity
$147M
$52M
$38M
$30M
$22M
$33M
$40M
$35M
$52M
$45M
$68M
$103M
$111M
$122M
$139M
$113M
Liabilities + Equity
$200M
$92M
$105M
$94M
$79M
$91M
$89M
$111M
$117M
$136M
$154M
$230M
$207M
$214M
$223M
$257M
Shares Outstanding
32,149,118
26,216,822
24,607,630
20,912,172
14,067,416
210,232,762
12,993,962
9,647,652
8,611,219
261,704,589
7,383,390
200,314,984
196,737,320
192,479,797
187,561,368
186,412,818
Cash Flow10
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
$712.0K
$762.0K
$887.0K
$675.0K
$875.0K
$995.0K
$834.0K
$1M
$-2M
$1M
$3M
$3M
$1M
$2M
$2M
$1M
Stock-based Comp
$2M
$2M
$403.0K
$3M
$2M
$4M
$-1M
$4M
$4M
$4M
$5M
$7M
$7M
$6M
$5M
$5M
Other Non-cash
·
$-14M
·
·
·
$8M
·
·
·
$-2M
·
·
·
$-2M
·
·
Operating Cash Flow
$-22M
$-18M
$-8M
$-6M
$-1M
$-12M
$-2M
$-2M
$-8M
$-21M
$-25M
$-22M
$-28M
$-31M
$-32M
$-23M
CapEx
$4M
$940.0K
$603.0K
$313.0K
$2M
$0
$-19.0K
$20.0K
$2.0K
$6.0K
$-26.0K
$382.0K
$287.0K
$403.0K
$2M
$4M
Investing Cash Flow
$-4M
$-940.0K
$-603.0K
$-313.0K
$-2M
$0
$1M
$678.0K
$2M
$3M
$8M
$5M
$5M
$21M
$21M
$20M
Financing Cash Flow
$103M
$-4M
$36M
$17M
$0
$15M
$502.0K
$468.0K
$205.0K
$285.0K
$-17M
$46M
$15M
$15M
$2M
$-40.0K
Net Change in Cash
$78M
$-22M
$27M
$11M
$-3M
$3M
$-597.0K
$-825.0K
$-5M
$-17M
$-34M
$29M
$-8M
$5M
$-8M
$-3M
Free Cash Flow
·
$-19M
·
·
·
$-12M
·
·
·
$-21M
·
·
·
$-31M
·
·
Levered FCF
·
·
·
·
·
$-13M
·
·
·
$-24M
·
·
·
$-31M
·
·
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
21.5%
17.2%
·
3.2%
-11.7%
7.5%
·
49.4%
-28.0%
-28.8%
·
6.2%
11.9%
10.9%
·
-0.63%
Operating Margin
-53.5%
-50.3%
·
-77.9%
-89.1%
-127.9%
·
-227.3%
-198.4%
-219.2%
·
-105.9%
-102.3%
-90.0%
·
-146.2%
Net Margin
-55.7%
-50.6%
·
-86.7%
-101.4%
-272.7%
·
-277.2%
-1.7%
-289.3%
·
-73.1%
-92.3%
-135.0%
·
-393.4%
Pretax Margin
-55.7%
-50.5%
·
-86.8%
-100.7%
-272.6%
·
-277.2%
-1.7%
-289.3%
·
-73.1%
-92.3%
-135.0%
·
-393.4%
EBITDA Margin
-53.5%
-44.8%
·
-77.9%
-89.1%
-117.8%
·
-227.3%
-198.4%
-172.5%
·
-105.9%
-102.3%
-84.2%
·
-146.2%
ROA
-8.3%
-7.6%
·
-11.6%
-14.1%
-22.3%
·
-13.4%
-0.11%
-13.4%
·
-7.8%
-9.9%
·
·
-24.9%
ROE
-13.7%
-16.6%
·
-36.5%
-37.4%
-64.9%
·
-33.2%
-0.21%
-59.6%
·
-15.5%
-15.8%
·
·
-64.0%
ROIC
-7.5%
-13.5%
·
-35.2%
-20.0%
-36.3%
·
-54.0%
-38.5%
-47.2%
·
-24.5%
-23.2%
·
·
-24.8%
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
6.3
2.4
·
1.6
1.1
1.4
·
1.3
1.7
1.6
·
1.9
4.4
·
·
3.4
Quick Ratio
4.0
0.9
·
0.5
0.1
0.2
·
0.2
0.2
0.4
·
0.9
1.7
·
·
2.2
Debt / Equity
·
·
·
·
1.8
·
·
·
·
·
·
·
·
·
·
·
LT Debt / Equity
·
·
·
·
0.3
·
·
·
·
·
·
·
·
·
·
·
Interest Coverage
·
·
·
·
·
-11.1
·
-1.7
-3.8
-5.5
·
-22.8
-74.7
-109.7
·
-216.7
Efficiency3
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
0.2
·
0.1
0.1
0.1
·
0.0
0.1
0.0
·
0.1
0.1
·
·
0.1
Inventory Turnover
0.5
0.3
·
0.3
0.3
0.2
·
0.1
0.2
0.2
·
0.3
0.3
·
·
0.5
Receivables Turnover
3.0
2.4
·
1.6
2.0
1.1
·
0.7
0.9
0.9
·
1.8
1.9
·
·
1.4
Per Share5
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
Book Value / Share
$4.56
$1.97
·
$1.44
$1.53
$0.16
·
$3.60
$6.05
$0.17
·
$0.51
$0.56
·
·
$0.61
Revenue / Share
$0.70
$0.55
·
$0.80
$0.97
$0.05
·
$0.89
$1.22
$0.04
·
$0.12
$0.13
$0.14
·
$0.10
Cash Flow / Share
·
$-0.72
·
·
·
$-0.06
·
·
·
$-0.08
·
·
·
$-0.16
·
·
Cash / Share
$2.83
$0.63
·
$0.57
$0.06
$0.02
·
$0.17
$0.29
$0.03
·
$0.29
$0.15
·
·
$0.22
EPS (TTM)
$-3.85
$-4.40
·
$-44.13
$-79.00
$-76.41
·
$-105.69
$-73.54
$-79.29
·
$-7.48
$-4.52
$0.21
·
$3.03
Valuation (TTM)11
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
$58M
$50M
·
$49M
$44M
$41M
·
$31M
$46M
$61M
·
$103M
$99M
$93M
·
$61M
Net Income TTM
$-50M
$-52M
·
$-68M
$-78M
$-64M
·
$-105M
$-102M
$-126M
·
$-58M
$-114M
$37M
·
$-27M
Market Cap
$564M
$246M
·
$64M
$101M
$523M
·
$104M
$429M
$62.65B
·
$164.06B
$223.10B
·
·
$385.59B
Enterprise Value
·
·
·
·
$140M
·
·
·
·
·
·
·
·
·
·
·
P/E
-4.6
-2.1
·
-0.1
-0.1
-0.0
·
-0.1
-0.7
-3.0
·
-109.5
-250.9
5675.0
·
682.7
P/S
9.8
4.9
·
1.3
2.3
12.9
·
3.4
9.4
1034.9
·
1597.2
2261.2
2461.9
·
6281.4
P/B
3.9
4.8
·
2.1
4.7
15.9
·
3.0
8.2
1378.5
·
1593.5
2017.3
·
·
3416.3
P / Tangible Book
3.9
4.8
·
2.1
4.7
15.9
·
3.0
8.2
1378.5
·
1593.5
2017.3
·
·
3416.3
P / Cash Flow
·
-13.7
·
·
·
-42.4
·
·
·
-3052.8
·
·
·
·
·
·
EV / Revenue
·
·
·
·
3.2
·
·
·
·
·
·
·
·
·
·
·
Earnings Yield
-21.9%
-46.9%
·
-1437.5%
-1097.2%
-3068.7%
·
-978.6%
-147.7%
-33.1%
·
-0.91%
-0.40%
0.02%
·
0.15%
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
2025-09-30
2025-06-30
2025-03-31
2024-12-31
Revenue
$46M
·
·
·
$41M
Gross Margin %
-16.1%
·
·
·
-5.1%
Operating Margin %
-119.5%
·
·
·
-200.8%
Net Income
$-71M
·
·
·
$-70M
Diluted EPS
$-4.33
·
·
·
$-82.32
Metric
2025-12-31
2025-09-30
2025-06-30
2025-03-31
2024-12-31
Current Ratio
2.4
·
·
·
1.5
Quick Ratio
1.3
·
·
·
0.1
Metric
2025-12-31
2025-09-30
2025-06-30
2025-03-31
2024-12-31
Free Cash Flow
$-30M
·
·
·
$-33M
Institutional owners (13F)
142 filers
· $224.8M 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.
Holders142
Value held$224.8M
New positions81
Exited positions14
Institutional activity — Q2 2026 vs prior quarter
New positions
Exited positions
Increased
Decreased
Net shares change
81 (+44 vs prior Q)
14 (-2 vs prior Q)
35 (+11 vs prior Q)
17 (+13 vs prior Q)
+5.4M
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
23 insiders
· 7 officers · 15 directors