MASS Hisse Senedi Özeti Fiyat, piyasa değeri, P/E, EPS, ROE, borç/öz sermaye, 52 haftalık aralık

03

Fiyat $12.69

Piyasa Değeri (MRQ) $483M

P/E (TTM) -13.2

Hisse Başına Kâr (TTM) $-0.96

Gelir (TTM) $61M

ROE (TTM) -25.2%

52 Haftlık Aralık $5–$13

MASS Hisse Senedi Fiyat Grafiği Teknik göstergeler ile günlük OHLCV — kaydır, yakınlaştır ve görünümünüzü özelleştirin

04

aralık

çubuklar

Çubuk çözünürlüğü seçilen döneme uyum sağlar — bir çubuk için açılış/yüksek/düşük/kapanış değerlerini görmek için grafiğin üzerine gelin.

10 Yıllık Performans Gelir, net kar, marjlar ve EPS trendleri

06

Gelir$56M

2020-12-31 → 2025-12-31

Hisse Başına Kâr$0.54

2020-12-31 → 2025-12-31

Serbest Nakit Akışı$-25M

2021-12-31 → 2025-12-31

Net kar marjı-57.0%

2021-12-31 → 2025-12-31

Değerleme ve Oranlar 07–12

Değerleme P/E, P/S, P/B, EV/EBITDA oranları — hisse senedi pahalı mı ucuz mu?

Metrik	MASS	5Y ort.	Akran Ortalaması	Sonuç
P/E (TTM)	-13.25Y ort. ≈-8.2	≈-8.2	·	·
F/S (TTM)	7.95Y ort. ≈7.3	≈7.3	5.8	Adil değer
F/D (MRQ)	3.85Y ort. ≈1.8	≈1.8	4.3	Düşük değerli
Fiyat / Serbest Nakit Akışı (TTM)	785.35Y ort. ≈-12.2	≈-12.2	·	·
Fiyat / Nakit Akışı (TTM)	323.95Y ort. ≈-12.9	≈-12.9	·	·
Fiyat / Maddi Defter Değeri (MRQ)	5.95Y ort. ≈2.1	≈2.1	·	·

Akran ortalaması, metrik başına standartlaştırılmış bir temelde hesaplanır ve bu hisse senedi için gösterilen TTM/MRQ temelini her zaman eşleşmeyebilir.

Kârlılık Brüt, faaliyet ve net kâr marjları; ROE, ROA, ROIC

Metrik	MASS	5Y ort.	Akran Ortalaması	Sonuç
Brüt Kar Marjı (TTM)	52.2%5Y ort. ≈52.3%	≈52.3%	48.0%	En üst düzey
Faaliyet Kâr Marjı (TTM)	-64.0%5Y ort. ≈-82.3%	≈-82.3%	-8.0%	Zayıf
FAVÖK Marjı (TTM)	-56.3%5Y ort. ≈-77.1%	≈-77.1%	2.4%	Zayıf
Pretax Margin (Vergi Öncesi Kar Marjı)	-59.3%5Y ort. ≈-84.6%	≈-84.6%	-10.4%	Zayıf
Net Kâr Marjı (TTM)	-57.0%5Y ort. ≈-56.6%	≈-56.6%	-10.9%	Zayıf
ROA (TTM)	-17.8%5Y ort. ≈-13.7%	≈-13.7%	-0.98%	En üst düzey
ROE (TTM)	-25.2%5Y ort. ≈-19.5%	≈-19.5%	-1.6%	En üst düzey
ROIC	-27.4%5Y ort. ≈-39.9%	≈-39.9%	-1.7%	Zayıf

Finansal Sağlık Borç, likidite, solventlik — bilanço gücü

Metrik	5 Yıllık trend	MASS	5Y ort.	Akran Ortalaması	Sonuç
Cari Oran (MRQ)		2.75Y ort. ≈8.9	≈8.9	3.2	Ortalamanın altında
Cari Oran (MRQ)		2.35Y ort. ≈8.1	≈8.1	2.7	Aynı seviyede

Büyüme Gelir, EPS ve net gelir büyümesi: YOY, 3 Yıllık CAGR, 5 Yıllık CAGR

Metrik	MASS	5Y ort.	Akran Ortalaması	Sonuç
Revenue YoY (Gelir Yıllık Bazda)	17.7%5Y ort. ≈17.6%	≈17.6%	·	·
Revenue CAGR 3Y (Gelir 3 Yıllık Bileşik Büyüme Oranı)	6.2%5Y ort. ≈11.2%	≈11.2%	·	·
Revenue CAGR 5Y (Gelir 5 Yıllık Bileşik Büyüme Oranı)	15.9%	·	·	·

Hisse Başı Metrikler Hisse Başı Kâr, hisse başına defter değeri, hisse başına nakit akışı, hisse başına temettü

Metrik	MASS	5Y ort.	Akran Ortalaması	Sonuç
EPS (Diluted) (Hisse Başına Kar (Seyreltilmiş))	$0.545Y ort. ≈$-0.91	≈$-0.91	·	·
Revenue / Share (Hisse Başına Gelir)	$1.575Y ort. ≈$1.57	≈$1.57	·	·
Cash Flow / Share (Hisse Başına Nakit Akışı)	$-0.665Y ort. ≈$-0.81	≈$-0.81	·	·
Cash / Share (Hisse Başına Nakit)	$1.945Y ort. ≈$4.01	≈$4.01	·	·

Sermaye Verimliliği Aktif devir hızı, stok devir hızı, alacak devir hızı

Metrik	MASS	5Y ort.	Akran Ortalaması	Sonuç
Asset Turnover (Aktif Devir Hızı)	0.35Y ort. ≈0.3	≈0.3	0.5	Zayıf
Inventory Turnover (Stok Devir Hızı)	2.35Y ort. ≈2.2	≈2.2	2.3	Aynı seviyede
Receivables Turnover (Alacak Devir Hızı)	5.65Y ort. ≈4.7	≈4.7	5.8	Zayıf
Revenue / Employee (Çalışan Başına Gelir)	≈$326.7K	·	·	·

değer · ≈ 5Y ort. · sektör ortalaması · ortalamaya göre değerlendirme

Kazanç Geçmişi EPS gerçekleşen vs tahmin, sürpriz %, kazanma oranı, bir sonraki kazanç tarihi

14

Ort. Sürpriz -10.3%

Sonraki Rapor Kas 09, 2026

Dönem	Rapor	EPS Gerçek	EPS Tahmin	Sürpriz
30 Haziran 2026	Ağu 11, 2026	$-0.32	$-0.17	-84.5%
31 Mart 2026	May 12, 2026	$-0.32	$-0.16	-100.3%
31 Aralık 2025		$0.10	$-0.07	240.1%
30 Eylül 2025		$-0.41	$-0.17	-136.4%
30 Haziran 2025		$-0.18	$-0.19	3.7%
31 Mart 2025		$-0.28	$-0.33	15.5%

Tüm Temeller Tüm metrikler yıla göre — gelir tablosu, bilanço, nakit akışı

15

Gelir Tablosu 17

Metrik	2025	2024	2023	2022	2021	2020
Revenue	$56M	$48M	$50M	$47M	$42M	$27M
Cost of Revenue	$28M	$23M	$25M	$21M	$19M	$12M
Gross Profit	$28M	$24M	$25M	$26M	$23M	$15M
R&D Expense	$16M	$15M	$22M	$18M	$13M	$8M
SG&A Expense	$39M	$39M	$46M	$44M	$32M	$13M
Operating Expenses	$68M	$82M	$68M	$61M	$45M	$21M
Operating Income	$-39M	$-57M	$-43M	$-35M	$-22M	$-6M
Interest Expense	·	·	$201.0K	$129.0K	$486.0K	$976.0K
Other Non-op	$-346.0K	$-241.0K	$-131.0K	$-83.0K	$-162.0K	$-6M
Pretax Income	$-33M	$-53M	$-37M	$-34M	·	·
Income Tax	$-66.0K	$-282.0K	$-211.0K	$0	·	·
Net Income	$19M	$-72M	$-36M	$-34M	$-22M	$-13M
EPS (Basic)	$0.54	$-2.12	$-1.13	$-1.07	$-0.79	$-2.35
EPS (Diluted)	$0.54	$-2.12	$-1.13	$-1.07	$-0.79	$-2.35
Shares (Basic)	35,898,542	34,076,321	32,239,394	31,492,531	27,957,904	5,485,032
Shares (Diluted)	35,898,542	34,076,321	32,239,394	31,492,531	27,957,904	5,485,032
EBITDA	$-35M	$-72M	$-40M	$-34M	$-21M	·

Bilanço 29

Metrik	2025	2024	2023	2022	2021	2020
Cash & Equivalents	$71M	$44M	$121M	$188M	$224M	$159M
Short-term Investments	$42M	$26M	$25M	$0	·	·
Receivables	$11M	$9M	$9M	$10M	$16M	$7M
Inventory	$13M	$11M	$15M	$13M	$8M	$5M
Prepaid Expense	$7M	$4M	$4M	$5M	$5M	$347.0K
Current Assets	$145M	$103M	$174M	$216M	$253M	$171M
PP&E (Net)	$4M	$2M	$3M	$3M	$2M	$850.0K
PP&E (Gross)	$9M	$5M	$9M	$8M	$5M	$5M
Accum. Depreciation	$4M	$4M	$6M	$5M	$3M	$4M
Goodwill	$0	$0	$10M	$10M	·	·
Intangibles	$36M	$39M	$8M	$8M	·	·
Other Non-current Assets	$471.0K	$511.0K	$1M	$1M	$1M	$723.0K
Total Assets	$190M	$159M	$203M	$243M	$261M	$179M
Accounts Payable	$2M	$1M	$1M	$1M	$1M	$1M
Accrued Liabilities	$7M	$7M	$9M	$9M	$7M	$5M
Current Liabilities	$34M	$25M	$23M	$19M	$15M	$11M
Capital Leases	$4M	$3M	$4M	$3M	$5M	$6M
Deferred Tax	·	$2M	$2M	$3M	·	·
Other Non-current Liabilities	$30.0K	$2M	·	$555.0K	·	$194.0K
Total Liabilities	$46M	$45M	$37M	$52M	$46M	$40M
Long-term Debt	·	·	·	·	·	$15M
Total Debt	·	·	·	$15M	$15M	·
Common Stock	$36.0K	$35.0K	$33.0K	$32.0K	$31.0K	$27.0K
Paid-in Capital	$367M	$356M	$335M	$324M	$315M	$217M
Retained Earnings	$-223M	$-243M	$-171M	$-134M	$-101M	$-78M
AOCI	$54.0K	$1M	$1M	$798.0K	·	·
Stockholders' Equity	$144M	$115M	$165M	$191M	$215M	$139M
Liabilities + Equity	$190M	$159M	$203M	$243M	$261M	$179M
Shares Outstanding	36,321,866	35,098,493	32,519,023	31,859,847	31,077,004	27,273,095

Nakit Akışı 14

Metrik	2025	2024	2023	2022	2021	2020
D&A	$4M	$5M	$2M	$2M	$925.0K	$831.0K
Stock-based Comp	$10M	$12M	$10M	$7M	$3M	$525.0K
Deferred Tax	·	$-283.0K	$-305.0K	$-129.0K	·	·
Amort. of Intangibles	$3M	$2M	$877.0K	$343.0K	·	·
Restructuring	$1M	$710.0K	·	·	·	·
Other Non-cash	$-57M	$26M	$-526.0K	$4M	$-10M	·
Operating Cash Flow	$-24M	$-30M	$-25M	$-21M	$-29M	$4M
CapEx	$955.0K	$602.0K	$2M	$2M	$737.0K	$9.0K
Investing Cash Flow	$51M	$-46M	$-26M	$-16M	$-737.0K	$-9.0K
Financing Cash Flow	$-697.0K	$-376.0K	$-16M	$1M	$95M	$137M
Net Change in Cash	$26M	$-77M	$-67M	$-36M	$65M	$141M
Taxes Paid	$-66.0K	$184.0K	·	·	·	·
Free Cash Flow	$-25M	$-31M	$-27M	$-23M	$-30M	·
Levered FCF	·	·	$-27M	·	·	·

Kârlılık 8

Metrik	2025	2024	2023	2022	2021	2020
Gross Margin	50.6%	50.1%	50.4%	55.5%	55.0%	·
Operating Margin	-70.2%	-128.7%	-85.1%	-75.5%	-52.3%	·
Net Margin	34.7%	-121.1%	-72.5%	-71.6%	-52.5%	·
Pretax Margin	-59.3%	-121.6%	-72.9%	·	·	·
EBITDA Margin	-62.2%	-120.8%	-80.4%	-72.1%	-50.1%	·
ROA	11.2%	-39.8%	-16.3%	-13.3%	-10.1%	·
ROE	13.3%	-58.8%	-21.7%	-17.3%	-13.1%	·
ROIC	-27.4%	-66.7%	-25.7%	·	·	·

Likidite ve Solventlik 5

Metrik	2025	2024	2023	2022	2021	2020
Current Ratio	4.2	4.1	7.7	11.2	17.0	·
Quick Ratio	3.6	3.3	6.9	10.3	16.2	·
Debt / Equity	·	·	·	0.1	0.1	·
LT Debt / Equity	·	·	·	0.1	0.1	·
Interest Coverage	·	·	-212.7	-274.3	-45.4	·

Verimlilik 3

Metrik	2025	2024	2023	2022	2021	2020
Asset Turnover	0.3	0.3	0.2	0.2	0.2	·
Inventory Turnover	2.3	1.9	1.8	2.0	3.0	·
Receivables Turnover	5.6	5.5	5.3	3.5	3.6	·

Hisse Başına 5

Metrik	2025	2024	2023	2022	2021	2020
Book Value / Share	$3.96	$3.26	$5.09	$5.98	$6.91	·
Revenue / Share	$1.57	$1.75	$1.56	$1.49	$1.51	·
Cash Flow / Share	$-0.66	$-0.89	$-0.78	$-0.66	$-1.04	·
Cash / Share	$1.94	$1.25	$3.72	$5.91	$7.21	·
EPS (TTM)	$0.54	$-2.12	$-1.13	$-1.07	$-0.79	$-2.35

Büyüme Oranları 3

Metrik	2025	2024	2023	2022	2021	2020
Revenue YoY	17.7%	-4.9%	7.2%	11.0%	56.9%	·
Revenue CAGR 3Y	6.2%	4.2%	23.2%	·	·	·
Revenue CAGR 5Y	15.9%	·	·	·	·	·

Değerleme (TTM) 14

Metrik	2025	2024	2023	2022	2021	2020
Revenue TTM	$56M	$48M	$50M	$47M	$42M	$27M
Net Income TTM	$19M	$-72M	$-36M	$-34M	$-22M	$-13M
Market Cap	$191M	$77M	$365M	$243M	$804M	·
Enterprise Value	·	·	·	$69M	$595M	·
P/E	9.7	-1.0	-9.9	-7.1	-32.7	-24.2
P/S	3.4	1.6	7.3	5.2	19.0	·
P/B	1.3	0.7	2.2	1.3	3.7	·
P / Tangible Book	1.8	1.0	2.5	1.4	3.7	·
P / Cash Flow	-8.1	-2.6	-14.6	-11.6	-27.6	·
P / FCF	-7.7	-2.5	-13.5	-10.6	-27.0	·
EV / EBITDA	·	·	·	-2.1	-28.1	·
EV / FCF	·	·	·	-3.0	-19.9	·
EV / Revenue	·	·	·	1.5	14.1	·
Earnings Yield	10.3%	-96.4%	-10.1%	-14.0%	-3.0%	-4.1%

Gelir Tablosu 17

Metrik	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	$16M	$13M	$17M	$14M	$13M	$12M	$14M	$15M	$11M	$7M	$14M	$14M	$12M	$9M	$12M	$16M
Cost of Revenue	$8M	$6M	$8M	$7M	$7M	$6M	$8M	$7M	$5M	$4M	$7M	$6M	$6M	$5M	$6M	$6M
Gross Profit	$8M	$7M	$9M	$7M	$6M	$6M	$7M	$8M	$6M	$4M	$7M	$8M	$6M	$4M	$6M	$9M
R&D Expense	$4M	$3M	$4M	$4M	$4M	$4M	$4M	$4M	$4M	$3M	$5M	$6M	$6M	$5M	$5M	$5M
SG&A Expense	$11M	$10M	$9M	$9M	$10M	$10M	$10M	$10M	$11M	$8M	$12M	$11M	$11M	$12M	$12M	$12M
Operating Expenses	$21M	$20M	$6M	$24M	$22M	$17M	$23M	$32M	$15M	$11M	$17M	$17M	$17M	$17M	$16M	$16M
Operating Income	$-13M	$-13M	$3M	$-16M	$-15M	$-11M	$-17M	$-24M	$-9M	$-8M	$-10M	$-9M	$-11M	$-13M	$-10M	$-7M
Interest Expense	·	·	·	·	·	·	·	·	·	·	·	$-350.0K	$0	$551.0K	$61.0K	$33.0K
Other Non-op	$-77.0K	$-7.0K	$-116.0K	$-89.0K	$-108.0K	$-33.0K	$-28.0K	$-33.0K	$-167.0K	$-13.0K	$-93.0K	$110.0K	$-167.0K	$19.0K	$23.0K	$-53.0K
Pretax Income	$-12M	·	$4M	$-15M	$-13M	·	$-11M	$-24M	$-8M	$-11M	$-7M	$-7M	$-9M	$-13M	$-10M	$-6M
Income Tax	$-54.0K	·	$-166.0K	$29.0K	$71.0K	·	·	$-72.0K	$-69.0K	$-70.0K	$-2.0K	$-87.0K	$-71.0K	·	·	·
Net Income	$-12M	$-12M	$4M	$-15M	$-13M	$44M	$-19M	$-29M	$-13M	$-11M	$-7M	$-7M	$-9M	$-13M	$-10M	$-6M
EPS (Basic)	$-0.32	$-0.32	$0.09	$-0.41	$-0.37	$1.23	$-0.58	$-0.84	$-0.37	$-0.33	$-0.23	$-0.22	$-0.29	$-0.39	$-0.31	$-0.20
EPS (Diluted)	$-0.32	$-0.32	$0.09	$-0.41	$-0.37	$1.23	$-0.58	$-0.84	$-0.37	$-0.33	$-0.23	$-0.22	$-0.29	$-0.39	$-0.31	$-0.20
Shares (Basic)	37,727,668	36,818,652	·	36,101,051	35,877,947	35,386,483	·	34,670,638	34,061,933	32,710,894	·	32,345,925	32,199,156	31,965,799	·	31,606,484
Shares (Diluted)	37,727,668	36,818,652	·	36,101,051	35,877,947	35,386,483	·	34,670,638	34,061,933	32,710,894	·	32,345,925	32,199,156	31,965,799	·	31,606,484
EBITDA	$-13M	$-12M	·	$-16M	$-15M	$-10M	·	$-30M	$-14M	$-11M	·	$-9M	$-11M	$-12M	·	$-7M

Bilanço 28

Metrik	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	$63M	$68M	$71M	$63M	$62M	$79M	$44M	$45M	$47M	$105M	$121M	$118M	$133M	$161M	$188M	$194M
Short-term Investments	$39M	$44M	$42M	$49M	$57M	$45M	$26M	$27M	$31M	$30M	$25M	$30M	$20M	·	·	·
Receivables	$12M	$10M	$11M	$11M	$6M	$7M	$9M	$17M	$11M	$7M	$9M	$13M	$10M	$8M	$10M	$15M
Inventory	$14M	$13M	$13M	$15M	$15M	$13M	$11M	$18M	$19M	$16M	$15M	$16M	$14M	$13M	$13M	$12M
Prepaid Expense	$4M	$7M	$7M	$7M	$8M	$5M	$4M	$3M	$3M	$4M	$4M	$3M	$4M	$5M	$5M	$3M
Current Assets	$132M	$142M	$145M	$145M	$148M	$149M	$103M	$109M	$110M	$162M	$174M	$180M	$181M	$188M	$216M	$224M
PP&E (Net)	$5M	$4M	$4M	$4M	$2M	$2M	$2M	$4M	$4M	$3M	$3M	$3M	$3M	$3M	$3M	$3M
PP&E (Gross)	·	·	$9M	$8M	·	·	$5M	·	·	·	$9M	·	·	·	$8M	·
Accum. Depreciation	·	·	$4M	$4M	·	·	$4M	·	·	·	$6M	·	·	·	$5M	·
Goodwill	$11M	·	$0	·	·	·	$0	$10M	$40M	$10M	$10M	$10M	$10M	$10M	$10M	$9M
Intangibles	$45M	$36M	$36M	$37M	$37M	$38M	$39M	$47M	$47M	$7M	$8M	$8M	$8M	$8M	$8M	$8M
Other Non-current Assets	$734.0K	$656.0K	$471.0K	$494.0K	$636.0K	$4M	$511.0K	$1M	$1M	$1M	$1M	$1M	$1M	$1M	$1M	$1M
Total Assets	$198M	$187M	$190M	$191M	$192M	$196M	$159M	$178M	$209M	$190M	$203M	$208M	$211M	$218M	$243M	$249M
Accounts Payable	$3M	$2M	$2M	$2M	$4M	$4M	$1M	$2M	$2M	$1M	$1M	$3M	$1M	$2M	$1M	$2M
Accrued Liabilities	$6M	$5M	$7M	$7M	$5M	$5M	$7M	$8M	$6M	$5M	$9M	$7M	$6M	$7M	$9M	$9M
Current Liabilities	$49M	$40M	$34M	$41M	$30M	$20M	$25M	$26M	$22M	$19M	$23M	$22M	$20M	$19M	$19M	$19M
Capital Leases	$4M	$4M	$4M	$4M	$4M	$3M	$3M	$5M	$3M	$3M	$4M	$4M	$5M	$5M	$3M	$3M
Deferred Tax	$881.0K	·	·	·	·	·	·	$2M	$2M	$2M	$2M	$2M	$3M	$3M	$3M	$3M
Other Non-current Liabilities	$15.0K	$30.0K	$30.0K	$30.0K	·	$5M	·	$3M	$16M	·	·	·	$156.0K	$125.0K	$555.0K	$542.0K
Total Liabilities	$71M	$53M	$46M	$55M	$43M	$37M	$45M	$47M	$52M	$33M	$37M	$39M	$36M	$38M	$52M	$53M
Total Debt	·	·	·	·	·	·	·	·	·	·	·	·	·	·	·	$15M
Common Stock	$38.0K	$37.0K	$36.0K	$36.0K	$36.0K	$36.0K	$35.0K	$35.0K	$35.0K	$33.0K	$33.0K	$32.0K	$32.0K	$32.0K	$32.0K	$32.0K
Paid-in Capital	$375M	$369M	$367M	$364M	$361M	$359M	$356M	$353M	$350M	$337M	$335M	$332M	$329M	$326M	$324M	$321M
Retained Earnings	$-247M	$-235M	$-223M	$-227M	$-213M	$-199M	$-243M	$-223M	$-194M	$-182M	$-171M	$-163M	$-156M	$-147M	$-134M	$-124M
AOCI	$-730.0K	$2.0K	$54.0K	$43.0K	$-16.0K	$-2.0K	$1M	$2M	$858.0K	$980.0K	$1M	$988.0K	$1M	$1M	$798.0K	$-613.0K
Stockholders' Equity	$127M	$134M	$144M	$136M	$149M	$159M	$115M	$131M	$156M	$157M	$165M	$170M	$174M	$181M	$191M	$196M
Liabilities + Equity	$198M	$187M	$190M	$191M	$192M	$196M	$159M	$178M	$209M	$190M	$203M	$208M	$211M	$218M	$243M	$249M
Shares Outstanding	38,059,008	37,413,853	36,321,866	36,118,576	36,057,576	35,739,556	35,098,493	34,712,488	34,630,883	32,924,097	32,519,023	32,371,428	32,326,861	32,061,517	31,859,847	31,652,058

Nakit Akışı 12

Metrik	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	$1M	$1M	$1M	$1M	$972.0K	$1M	$1M	$1M	$504.0K	$1M	$405.0K	$740.0K	$605.0K	$634.0K	$577.0K	$459.0K
Stock-based Comp	$2M	$2M	$3M	$2M	$2M	$2M	$3M	$3M	$3M	$3M	$2M	$3M	$3M	$2M	$2M	$2M
Deferred Tax	·	·	·	·	·	·	$-73.0K	$-72.0K	$-68.0K	$-70.0K	$-66.0K	$-117.0K	$-72.0K	$-50.0K	·	·
Amort. of Intangibles	$928.0K	$733.0K	$732.0K	$732.0K	$713.0K	$713.0K	$492.0K	$713.0K	$475.0K	$220.0K	$219.0K	$221.0K	$219.0K	$218.0K	$208.0K	$135.0K
Restructuring	·	·	$10.0K	$119.0K	$1M	$100.0K	·	·	·	·	·	·	·	·	·	·
Other Non-cash	·	$10M	·	·	·	$-62M	·	·	·	$-2M	·	·	·	$-865.0K	·	·
Operating Cash Flow	$3M	$1M	$1M	$-4M	$-6M	$-15M	$-2M	$-6M	$-13M	$-9M	$-2M	$-5M	$-8M	$-11M	$-5M	$-5M
CapEx	$162.0K	$40.0K	$-6.0K	$680.0K	$122.0K	$159.0K	$190.0K	$156.0K	$-647.0K	$903.0K	$333.0K	$207.0K	$320.0K	$1M	$612.0K	$744.0K
Investing Cash Flow	$-7M	$-2M	$7M	$5M	$-12M	$50M	$780.0K	$4M	$-45M	$-6M	$5M	$-10M	$-20M	$-1M	$-612.0K	$-15M
Financing Cash Flow	$965.0K	$-2M	$-414.0K	$-16.0K	$-78.0K	$-189.0K	$529.0K	$23.0K	$367.0K	$-1M	$95.0K	$-248.0K	$-401.0K	$-15M	$411.0K	$171.0K
Net Change in Cash	$-3M	$-3M	$8M	$991.0K	$-17M	$35M	$-993.0K	$-2M	$-58M	$-16M	$3M	$-15M	$-28M	$-27M	$-5M	$-19M
Free Cash Flow	·	$1M	·	·	·	$-15M	·	·	·	$-10M	·	·	·	$-12M	·	·

Kârlılık 8

Metrik	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	51.9%	51.4%	·	52.5%	48.9%	47.0%	·	49.7%	52.8%	50.1%	·	55.0%	47.9%	46.2%	·	59.1%
Operating Margin	-79.7%	-96.3%	·	-116.6%	-116.3%	-93.6%	·	-180.2%	-96.5%	-127.0%	·	-63.6%	-90.5%	-137.2%	·	-45.3%
Net Margin	-74.0%	-89.3%	·	-107.0%	-102.1%	370.2%	·	-174.7%	-89.3%	-109.3%	·	-49.6%	-77.3%	-132.1%	·	-39.6%
Pretax Margin	-74.3%	·	·	-106.2%	-98.5%	·	·	-175.1%	-89.8%	-110.0%	·	-50.2%	-77.9%	·	·	·
EBITDA Margin	-79.7%	-87.8%	·	-116.6%	-116.3%	-82.7%	·	-180.2%	-96.5%	-113.7%	·	-63.6%	-90.5%	-130.5%	·	-45.3%
ROA	-6.1%	-6.2%	·	-8.1%	-6.7%	22.6%	·	-15.2%	-6.0%	-5.3%	·	-3.1%	-4.1%	-5.3%	·	-3.0%
ROE	-8.6%	-8.1%	·	-11.2%	-8.7%	27.6%	·	-19.5%	-7.6%	-6.5%	·	-3.9%	-5.0%	-6.5%	·	-3.9%
ROIC	-10.1%	·	·	-12.0%	-10.2%	·	·	-23.0%	-8.6%	-8.0%	·	-5.3%	-6.2%	·	·	·

Likidite ve Solventlik 5

Metrik	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	2.7	3.6	·	3.5	5.0	7.6	·	4.2	5.1	8.4	·	8.1	9.0	10.1	·	11.7
Quick Ratio	2.3	3.1	·	3.0	4.2	6.7	·	3.4	4.1	7.3	·	7.2	8.1	9.1	·	11.0
Debt / Equity	·	·	·	·	·	·	·	·	·	·	·	·	·	·	·	0.1
LT Debt / Equity	·	·	·	·	·	·	·	·	·	·	·	·	·	·	·	0.1
Interest Coverage	·	·	·	·	·	·	·	·	·	·	·	26.0	·	-23.6	·	-216.8

Verimlilik 3

Metrik	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	0.0	·	0.1	0.1	0.0	·	0.1
Inventory Turnover	0.5	0.5	·	0.4	0.4	0.4	·	0.5	0.4	0.3	·	0.5	0.5	0.4	·	0.6
Receivables Turnover	1.8	1.6	·	1.0	1.5	1.6	·	1.1	1.3	1.3	·	1.0	1.1	1.3	·	1.3

Hisse Başına 5

Metrik	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	$3.33	$3.59	·	$3.77	$4.13	$4.46	·	$3.77	$4.51	$4.77	·	$5.25	$5.40	$5.63	·	$6.21
Revenue / Share	$0.43	$0.36	·	$0.39	$0.36	$0.33	·	$0.48	$0.41	$0.31	·	$0.44	$0.38	$0.30	·	$0.50
Cash Flow / Share	·	$0.03	·	·	·	$-0.42	·	·	·	$-0.29	·	·	·	$-0.33	·	·
Cash / Share	$1.66	$1.81	·	$1.74	$1.71	$2.21	·	$1.30	$1.35	$3.18	·	$3.65	$4.11	$5.03	·	$6.12
EPS (TTM)	$-0.96	$-1.01	·	$-0.13	$-0.56	$-0.56	·	$-1.77	$-1.15	$-1.07	·	$-1.21	$-1.19	$-1.16	·	$-0.87

Değerleme (TTM) 11

Metrik	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	$61M	$58M	·	$53M	$54M	$52M	·	$48M	$48M	$48M	·	$48M	$49M	$48M	·	$51M
Net Income TTM	$-35M	$-36M	·	$-4M	$-18M	$-18M	·	$-60M	$-38M	$-35M	·	$-39M	$-38M	$-37M	·	$-27M
Market Cap	$331M	$229M	·	$316M	$257M	$160M	·	$120M	$178M	$249M	·	$216M	$222M	$276M	·	$521M
Enterprise Value	·	·	·	·	·	·	·	·	·	·	·	·	·	·	·	$342M
P/E	-9.1	-6.1	·	-67.4	-12.7	-8.0	·	-2.0	-4.5	-7.1	·	-5.5	-5.8	-7.4	·	-18.9
P/S	5.4	4.0	·	6.0	4.8	3.1	·	2.5	3.8	5.2	·	4.5	4.5	5.7	·	10.2
P/B	2.6	1.7	·	2.3	1.7	1.0	·	0.9	1.1	1.6	·	1.3	1.3	1.5	·	2.6
P / Tangible Book	4.7	2.3	·	3.2	2.3	1.3	·	1.6	2.6	1.8	·	1.4	1.4	1.7	·	2.9
P / Cash Flow	·	190.0	·	·	·	-10.7	·	·	·	-26.6	·	·	·	-25.9	·	·
EV / Revenue	·	·	·	·	·	·	·	·	·	·	·	·	·	·	·	6.7
Earnings Yield	-11.0%	-16.5%	·	-1.5%	-7.8%	-12.5%	·	-51.0%	-22.3%	-14.2%	·	-18.2%	-17.3%	-13.5%	·	-5.3%

En son dönem solda · null değerler · olarak gösterilir

Finansal Tablolar Gelir tablosu, bilanço, nakit akışı — yıllık, son 5 yıl

16

Metrik	2025-12-31	2024-12-31	2023-12-31	2022-12-31	2021-12-31
Gelir	$56M	$48M	$50M	$47M	$42M
Brüt Kâr Marjı %	50.6%	50.1%	50.4%	55.5%	55.0%
Faaliyet Kâr Marjı %	-70.2%	-128.7%	-85.1%	-75.5%	-52.3%
Net Gelir	$19M	$-72M	$-36M	$-34M	$-22M
Seyreltilmiş Hisse Başı Kâr	$0.54	$-2.12	$-1.13	$-1.07	$-0.79

Metrik	2025-12-31	2024-12-31	2023-12-31	2022-12-31	2021-12-31
Borç / Öz Sermaye	·	·	·	0.1	0.1
Cari Oran	4.2	4.1	7.7	11.2	17.0
Cari Oran	3.6	3.3	6.9	10.3	16.2

Metrik	2025-12-31	2024-12-31	2023-12-31	2022-12-31	2021-12-31
Serbest Nakit Akışı	$-25M	$-31M	$-27M	$-23M	$-30M

Kurumsal Sahipler (13F) 116 dosya · $252.1M toplam · Tarih itibarıyla 30 Eylül 2026

17

Çeyreklik SEC Form 13F'lerinde bu hisse senedini tuttuklarını bildiren kurumlar. Yalnızca uzun pozisyonlar; tek bir başvuru sahibi, ayrı opsiyon bacakları için iki kez görünebilir. Büyük dengeleyici alım/satım bacakları genellikle piyasa yapımını veya korunmuş envanteri yansıtır, yönlü bir inancı değil.

Sahipler 116

Tutulan Değer $252.1M

Yeni pozisyonlar 15

Çıkan pozisyonlar 11

Kurumsal faaliyet — Q2 2026 ve önceki çeyrek

Yeni pozisyonlar	Çıkan pozisyonlar	Artırıldı	Azaldı	Net hisse senedi değişimi
15 (+2 önceki Ç'ye göre)	11 (-5 önceki Ç'ye göre)	41 (+9 önceki Ç'ye göre)	36 (-8 önceki Ç'ye göre)	+198K

Q1 2026 ile karşılaştırıldı. SEC Form 13F başvuruları, çeyrek sonundan itibaren 45 gün içinde ve geç başvuranlar için kısa bir ek süre içinde tamamlanmalıdır — bu pencere içindeki çeyrekler, en son tam olarak raporlanan çifte tercih edilerek atlanır.

Kurum	Değer	Hisse senetleri	% izlenen 13F'nin	Tür
First Light Asset Management, LLC	$54.660.395	6.282.804	21,68%	Hisse senetleri
AWM Investment Company, Inc.	$42.454.025	4.879.773	16,84%	Hisse senetleri
ARK Investment Management LLC	$17.642.905	2.027.920	7,00%	Hisse senetleri
BlackRock, Inc.	$16.914.853	1.944.236	6,71%	Hisse senetleri
NEEDHAM INVESTMENT MANAGEMENT LLC	$15.839.394	1.820.620	6,28%	Hisse senetleri
VANGUARD CAPITAL MANAGEMENT LLC	$11.236.659	1.291.570	4,46%	Hisse senetleri
First Eagle Investment Management, LLC	$8.090.870	929.985	3,21%	Hisse senetleri
VANGUARD GROUP INC	$7.722.037	1.470.864	3,06%	Hisse senetleri
GEODE CAPITAL MANAGEMENT, LLC	$6.629.605	761.797	2,63%	Hisse senetleri
Granahan Investment Management, LLC	$6.021.200	692.092	2,39%	Hisse senetleri
STATE STREET CORP	$5.277.072	606.560	2,09%	Hisse senetleri
ESSEX INVESTMENT MANAGEMENT CO LLC	$4.091.123	470.244	1,62%	Hisse senetleri
MORGAN STANLEY	$3.515.486	404.078	1,39%	Hisse senetleri
Prescott Group Capital Management, L.L.C.	$3.145.876	361.595	1,25%	Hisse senetleri
Meros Investment Management, LP	$3.143.902	361.368	1,25%	Hisse senetleri
AMERICAN CENTURY COMPANIES INC	$3.130.678	359.848	1,24%	Hisse senetleri
HighMark Wealth Management LLC	$2.956.112	339.783	1,17%	Hisse senetleri
NORTHERN TRUST CORP	$2.317.828	266.417	0,92%	Hisse senetleri
BANK OF AMERICA CORP /DE/	$2.183.935	251.027	0,87%	Hisse senetleri
CHARLES SCHWAB INVESTMENT MANAGEMENT INC	$2.034.860	233.892	0,81%	Hisse senetleri
Sumitomo Mitsui Trust Group, Inc.	$1.989.525	228.681	0,79%	Hisse senetleri
Amova Asset Management Americas, Inc.	$1.984.951	228.681	0,79%	Hisse senetleri
VANGUARD PORTFOLIO MANAGEMENT LLC	$1.695.265	194.858	0,67%	Hisse senetleri
RENAISSANCE TECHNOLOGIES LLC	$1.669.530	191.900	0,66%	Hisse senetleri
VANGUARD FIDUCIARY TRUST CO	$1.618.687	186.056	0,64%	Hisse senetleri
GM Advisory Group, Inc.	$1.457.894	238.218	0,58%	Hisse senetleri
RAYMOND JAMES FINANCIAL INC	$1.455.928	167.348	0,58%	Hisse senetleri
Russell Investments Group, Ltd.	$1.301.996	149.655	0,52%	Hisse senetleri
Nuveen, LLC	$1.233.026	141.727	0,49%	Hisse senetleri
DIMENSIONAL FUND ADVISORS LP	$1.083.434	124.498	0,43%	Hisse senetleri
Campbell & CO Investment Adviser LLC	$967.353	111.190	0,38%	Hisse senetleri
Mitsubishi UFJ Asset Management Co., Ltd.	$961.846	110.557	0,38%	Hisse senetleri
NANO CAP NEW MILLENNIUM GROWTH FUND L P	$935.250	107.500	0,37%	Hisse senetleri
AQR CAPITAL MANAGEMENT LLC	$904.008	103.909	0,36%	Hisse senetleri
IQ EQ FUND MANAGEMENT (IRELAND) Ltd	$858.594	98.689	0,34%	Hisse senetleri
SUSQUEHANNA INTERNATIONAL GROUP, LLP	$777.780	89.400	0,31%	Alım opsiyonu
BANK OF MONTREAL /CAN/	$759.911	87.346	0,30%	Hisse senetleri
SEI INVESTMENTS CO	$676.155	77.719	0,27%	Hisse senetleri
UBS Group AG	$673.519	77.416	0,27%	Hisse senetleri
GOLDMAN SACHS GROUP INC	$663.201	76.230	0,26%	Hisse senetleri
D. E. Shaw & Co., Inc.	$656.380	75.446	0,26%	Hisse senetleri
Bank of New York Mellon Corp	$632.992	72.758	0,25%	Hisse senetleri
Bruce & Co., Inc.	$594.088	68.286	0,24%	Hisse senetleri
CITADEL ADVISORS LLC	$545.899	62.747	0,22%	Hisse senetleri
LPL Financial LLC	$482.424	55.451	0,19%	Hisse senetleri
BRIDGEWAY CAPITAL MANAGEMENT, LLC	$439.350	50.500	0,17%	Hisse senetleri
Cubist Systematic Strategies, LLC	$419.902	47.934	0,17%	Hisse senetleri
Old Port Advisors	$336.072	38.629	0,13%	Hisse senetleri
Squarepoint Ops LLC	$328.329	37.739	0,13%	Hisse senetleri
RHUMBLINE ADVISERS	$320.076	36.791	0,13%	Hisse senetleri

Tüm 116 kurumsal sahibi göster →

Şirket yöneticileri 22 içeriden öğrenenler · 8 yöneticiler · 13 yönetim kurulu üyeleri

19

İçeriden Öğrenen	Rol	Son işlem	Sahip olunan hisse senetleri	Satışlar 12ay	Net 12ay
Kevin J. Knopp	President and CEO	17 Ağustos 2026 S	555.968	12	$-2.551.736
Joseph H. Griffith IV	Chief Financial Officer	25 Ağustos 2026 S	121.497	5	$-376.609
John Kenneweg	SVP, Sales & Product Marketing	17 Eylül 2026 M	57.784	5	$-481.304
Kolawole A. Otitoju	Chief Bus. & Strategy Officer	21 Nisan 2026 A	·	0	$0
Kevin J. Mccallion	SVP, Products and Production	10 Nisan 2026 M	44.925	5	$-188.068
Michael S. Turner	Chief Legal & Admin Officer	18 Haziran 2025 S	0	0	$0
Maura Fitzpatrick	VP, Product Management & Mktg	01 Şubat 2023 M	2.834	0	$0
Trent A. Basarsky	VP, Corporate Development	27 Nisan 2022 M	80.000	0	$0
Christopher D. Brown	Yönetim kurulu üyesi	02 Eylül 2026 S	775.559	14	$-1.808.123
Brandi C Vann	Yönetim kurulu üyesi	01 Ağustos 2026 M	5.192	0	$0
Michele M. Leonhart	Yönetim kurulu üyesi	25 Haziran 2026 M	27.054	0	$0
Mark Spoto	Yönetim kurulu üyesi	11 Haziran 2026 A	89.346	0	$0
Anthony Hunt	Yönetim kurulu üyesi	11 Haziran 2026 A	44.168	0	$0
Kevin E Hrusovsky	Yönetim kurulu üyesi	11 Haziran 2026 A	165.390	0	$0
Fenel M Eloi	Yönetim kurulu üyesi	11 Haziran 2026 A	40.897	0	$0
Keith Crandell	Yönetim kurulu üyesi	11 Haziran 2026 A	39.374	0	$0
Jeffrey P. George	Yönetim kurulu üyesi	12 Haziran 2025 A	26.814	0	$0
Marcia Eisenberg	Yönetim kurulu üyesi	11 Haziran 2025 M	25.957	0	$0
Nicolas Barthelemy	Yönetim kurulu üyesi	15 Haziran 2022 M	15.379	0	$0
John Michael Ramsey	Yönetim kurulu üyesi	17 Aralık 2020 A	·	0	$0
AWM Investment Company, Inc.	10% sahip	29 Eylül 2026 S	4.736.773	18	$-4.173.313
Sharon Kedar	·	22 Aralık 2020 C	1.077.091	0	$0

SEC Form 3/4/5 başvurularından yöneticiler; net = yalnızca açık piyasa Alış/Satış

ETF sahipliği 18 ETF'ler tarafından tutuluyor

20

Ağırlık yalnızca doğrudan öz sermaye varlıklarını (N-PORT) yansıtır; kaldıraçlı veya türev tabanlı fonlar gösterilmeyen ek swap pozisyonlarına sahip olabilir.

Fon	Ağırlık	Birimler	Tarih itibarıyla	Kaynak
ARKG · ARK ETF Trust	0,98%	1.905.332 NS	31 Temmuz 2026	N-PORT
IWC · iShares Trust	0,06%	98.901 SH	11 Eylül 2026	Günlük
VTWV · VANGUARD SCOTTSDALE FUNDS	0,02%	25.324 SH	19 Ağustos 2026	Günlük
VTWO · VANGUARD SCOTTSDALE FUNDS	0,01%	167.381 SH	19 Ağustos 2026	Günlük
IWM · iShares Trust	0,01%	743.407 SH	11 Eylül 2026	Günlük
RSSL · Global X Funds	0,01%	13.918 NS	31 Temmuz 2026	N-PORT
DXUV · Dimensional ETF Trust	0,00%	1.176 NS	31 Temmuz 2026	N-PORT
DFSU · Dimensional ETF Trust	0,00%	4.574 NS	31 Temmuz 2026	N-PORT
DCOR · Dimensional ETF Trust	0,00%	4.484 NS	31 Temmuz 2026	N-PORT
DFAS · Dimensional ETF Trust	0,00%	15.399 NS	31 Temmuz 2026	N-PORT
IWV · iShares Trust	0,00%	8.143 SH	03 Eylül 2026	Günlük
DFAU · Dimensional ETF Trust	0,00%	2.718 NS	31 Temmuz 2026	N-PORT
DFUS · Dimensional ETF Trust	0,00%	1.720 NS	31 Temmuz 2026	N-PORT
DFAC · Dimensional ETF Trust	0,00%	7.722 NS	31 Temmuz 2026	N-PORT
VXF · VANGUARD INDEX FUNDS	0,00%	340.050 SH	19 Ağustos 2026	Günlük
VTI · VANGUARD INDEX FUNDS	0,00%	919.827 SH	19 Ağustos 2026	Günlük
VTHR · VANGUARD SCOTTSDALE FUNDS	0,00%	2.153 SH	19 Ağustos 2026	Günlük
IWN · iShares Trust	·	260.075 SH	11 Eylül 2026	Günlük

MASS Analist Uzlaşması Boğa ve ayı analist görüşleri, 12 aylık fiyat hedefi, yukarı yönlü potansiyel

21

derecelendirme · 11 analist AL

Medyan hedef $13.75 +8,4%

5 45,5% Güçlü Al

5 45,5% Al

1 9,1% Tut

0 0,0% Sat

0 0,0% Güçlü Sat

12 Aylık Fiyat Hedefi

4 analist · 2026-10-03

Ortalama hedef $13.38 +5,4%

Şimdi Mevcut fiyat $12.69

Düşük$12.00 Ortalama$13.38 Yüksek$14.00

Akran karşılaştırması (GICS alt sektörü) Anahtar metrikler sektördeki benzerlerine karşı

22

Mali yıl bazında, fiyatlar her şirketin son mali yıl kapanışına göredir.

Hisse Sembolü	Piyasa Değeri	P/E	Gelir YoY	Net Kar Marjı	ROE	Brüt Kar Marjı
MASS	$191M	9.7	17.7%	34.7%	13.3%	50.6%
VPG	·	96.2	0.22%	1.7%	1.6%	38.9%
DAKT	$1.06B	21.4	10.9%	5.4%	15.2%	27.3%
EVLV	·	·	·	·	·	·
LPTH	·	-43.0	92.8%	-28.6%	-18.1%	36.0%
AIOT	$413M	-20.5	22.4%	-4.6%	-4.5%	55.5%
VUZI	$307M	-9.0	9.1%	-513.8%	-120.5%	-16.9%
SMRT	$383M	-6.3	-12.9%	-39.8%	-25.7%	·
CODA	$116M	27.7	30.8%	15.6%	7.2%	66.5%
KEYS	$36.97B	37.3	8.0%	15.8%	15.5%	·

Metriklerim Kişisel izleme listeniz — Tam Temeller'den seçilen satırlar

26

Sizin için önemli olan metrikleri seçin — Yukarıdaki Tam Temeller bölümündeki herhangi bir satırın yanındaki + işaretine tıklayın.

Seçiminiz kaydedildi ve tüm hisse senetlerinde sizinle birlikte gelir.

MASS 908 Devices Inc. - Common Stock