-
Revenue
-
Net Income
-
Gross Margin
-
Op. Margin
-
Free Cash Flow
| Breakdown | Q1 2026 (Sep 30, 2025) |
Q1 2025 (Jun 29, 2025) |
Q4 2025 (Jun 30, 2025) |
Q3 2025 (Mar 31, 2025) |
Q2 2025 (Dec 31, 2024) |
Q4 2024 (Jun 30, 2024) |
Q3 2024 (Mar 31, 2024) |
Q2 2024 (Dec 31, 2023) |
Q1 2024 (Sep 30, 2023) |
Q4 2023 (Jun 30, 2023) |
Q3 2023 (Mar 31, 2023) |
Q2 2023 (Dec 31, 2022) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $196.80M | $194.70M | $197.00M | $185.40M | $180.50M | $200.70M | $200.70M | $208.40M | $197.40M | $235.80M | $228.70M | $216.10M |
| Revenue Growth % (YoY) | 1.1% | -1.4% | -1.8% | -7.6% | -13.4% | -14.9% | -12.2% | -3.6% | nan% | nan% | nan% | nan% |
| Cost of Revenue | $273.90M | $230.90M | $222.70M | $207.90M | $217.70M | $198.30M | $178.20M | $180.60M | $172.70M | $171.20M | $160.60M | $149.20M |
| Gross Profit | $-77.10M | $-36.20M | $-25.70M | $-22.50M | $-37.20M | $2.40M | $22.50M | $27.80M | $24.70M | $64.60M | $68.10M | $66.90M |
| Gross Margin % | -39.2% | -18.6% | -13.0% | -12.1% | -20.6% | 1.2% | 11.2% | 13.3% | 12.5% | 27.4% | 29.8% | 31.0% |
| Operating Expenses | $84.30M | - | - | - | - | - | - | - | - | - | - | - |
| Research & Development | $31.70M | $50.90M | $37.60M | $42.20M | $44.40M | $60.00M | $52.50M | $45.30M | $44.10M | $57.10M | $56.10M | $57.00M |
| Selling General & Admin | $37.90M | $62.20M | $36.10M | $41.10M | $51.10M | $61.60M | $55.80M | $64.90M | $64.10M | $64.10M | $60.50M | $55.70M |
| Operating Income | $-161.40M | $-230.10M | $-581.60M | $-194.50M | $-323.00M | $-145.90M | $-106.40M | $-98.10M | $-94.90M | $-111.70M | $-101.90M | $-91.30M |
| Operating Margin % | -82.0% | -118.2% | -295.2% | -104.9% | -178.9% | -72.7% | -53.0% | -47.1% | -48.1% | -47.4% | -44.6% | -42.2% |
| Interest Expense | $700.00K | - | - | - | - | - | - | - | - | - | - | - |
| Other Income/Expense | $22.40M | $-51.70M | $217.40M | $-90.90M | $-49.30M | $-28.50M | $-42.40M | $-27.80M | $-28.50M | $-1.30M | $2.90M | $800.00K |
| Income Before Tax | $-643.50M | $-281.80M | $-679.40M | $-285.40M | $-372.30M | $-174.40M | - | - | - | - | - | - |
| Income Tax Expense | $100.00K | $400.00K | $-10.10M | $100.00K | $-100.00K | $500.00K | $100.00K | $300.00K | $200.00K | $300.00K | $500.00K | $400.00K |
| Net Income | $-643.60M | $-282.20M | $-669.30M | $-285.50M | $-372.20M | $-174.90M | $-148.90M | $-144.70M | $-395.70M | $-113.30M | $-99.50M | $-90.90M |
| Net Margin % | -327.0% | -144.9% | -339.7% | -154.0% | -206.2% | -87.1% | -74.2% | -69.4% | -200.5% | -48.0% | -43.5% | -42.1% |
| Basic EPS | -4.12 | -2.23 | -4.51 | -1.86 | -2.88 | -1.39 | -1.18 | -1.15 | -3.16 | -0.91 | -0.80 | -0.73 |
| Diluted EPS | -4.12 | -2.23 | -4.51 | -1.86 | -2.88 | -1.39 | -1.18 | -1.15 | -3.16 | -0.91 | -0.80 | -0.73 |
| Basic Shares Outstanding | 156.2M | 126.7M | 4.8M | 153.9M | 129.0M | 179K | 125.8M | 125.6M | 125.1M | 101K | 124.4M | 124.3M |
| Diluted Shares Outstanding | 156.2M | 126.7M | 4.8M | 153.9M | 129.0M | 179K | 125.8M | 125.6M | 125.1M | 101K | 124.4M | 124.3M |
| Breakdown | Q1 2026 (Sep 30, 2025) |
Q1 2025 (Jun 29, 2025) |
Q4 2025 (Jun 30, 2025) |
Q3 2025 (Mar 31, 2025) |
Q2 2025 (Dec 31, 2024) |
Q4 2024 (Jun 30, 2024) |
Q3 2024 (Mar 31, 2024) |
Q2 2024 (Dec 31, 2023) |
Q1 2024 (Sep 30, 2023) |
Q4 2023 (Jun 30, 2023) |
Q3 2023 (Mar 31, 2023) |
Q2 2023 (Dec 31, 2022) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | $571.60M | $726.10M | $467.20M | $730.20M | $614.00M | $1.05B | $1.14B | $904.40M | $1.76B | $1.76B | $795.10M | $1.09B |
| Short-term Investments | $354.40M | $961.50M | $488.20M | $599.40M | $790.80M | $1.13B | $1.41B | $1.73B | $1.59B | $1.20B | $1.45B | $1.40B |
| Accounts Receivable | $155.60M | $145.40M | $178.80M | $164.60M | $153.90M | $147.40M | $124.30M | $132.60M | $154.20M | $154.80M | $164.00M | $169.30M |
| Inventory | $385.50M | $467.90M | $435.40M | $459.10M | $477.10M | $440.70M | $421.20M | $370.20M | $340.90M | $327.50M | $288.90M | $266.60M |
| Other Current Assets | $118.30M | $98.90M | $222.00M | $249.50M | $123.10M | $179.80M | $162.70M | $228.90M | $153.70M | $131.70M | $112.00M | $133.40M |
| Total Current Assets | $2.31B | $2.46B | $2.54B | $2.87B | $2.23B | $3.00B | $3.33B | $3.45B | $4.08B | $3.61B | $2.85B | $3.08B |
| Goodwill | - | $359.20M | - | $359.20M | $359.20M | $359.20M | $359.20M | $359.20M | $359.20M | $359.20M | $359.20M | $359.20M |
| Intangible Assets | $24.20M | $23.70M | $23.80M | $23.80M | $23.60M | $23.90M | $23.70M | $23.90M | $24.70M | $115.90M | $118.00M | $120.00M |
| Other Non-current Assets | $254.90M | $251.10M | $263.80M | $271.80M | $264.90M | $866.90M | $688.30M | $541.10M | $392.10M | $309.90M | $221.00M | $125.90M |
| Total Assets | $6.55B | $7.86B | $6.85B | $7.57B | $7.74B | $7.98B | $7.70B | $7.29B | $7.31B | $6.59B | $5.45B | $5.34B |
| Deferred Revenue | $72.90M | $62.90M | $50.00M | $44.60M | $42.10M | $62.30M | $55.80M | $51.10M | $44.80M | $43.00M | $41.50M | $34.80M |
| Other Current Liabilities | $29.30M | $117.80M | $220.50M | $179.70M | $207.60M | $77.90M | $104.70M | $85.70M | $56.30M | $37.90M | $33.50M | $26.20M |
| Total Current Liabilities | $299.60M | $782.90M | $7.09B | $618.50M | $707.30M | $665.30M | $727.00M | $671.20M | $749.30M | $627.90M | $607.20M | $460.00M |
| Long-term Debt | - | $6.54B | - | - | - | - | - | - | - | - | - | - |
| Deferred Tax Liabilities | - | $10.80M | $500.00K | $10.80M | $10.80M | $10.80M | $10.80M | $10.80M | $4.20M | $3.90M | $3.70M | $3.50M |
| Other Non-current Liabilities | $16.60M | $256.50M | $202.60M | $211.90M | $218.20M | $256.40M | $262.40M | $281.40M | $145.10M | $148.70M | $104.40M | $68.80M |
| Total Liabilities | $7.63B | $7.30B | - | - | - | - | - | - | - | - | - | - |
| Common Stock | $200.00K | $200.00K | $200.00K | $200.00K | $200.00K | $200.00K | $200.00K | $200.00K | $200.00K | $200.00K | $200.00K | $200.00K |
| Retained Earnings | $-5.18B | $-3.21B | $-4.54B | $-3.87B | $-3.58B | $-2.93B | $-2.75B | $-2.60B | $-2.46B | $-2.06B | $-1.95B | $-1.85B |
| Total Stockholders Equity | $-1.08B | $628.90M | $-447.10M | $212.70M | $372.60M | $882.10M | $1.02B | $1.15B | $1.25B | $1.62B | $1.71B | $1.78B |
| Total Liabilities & Equity | $6.55B | $7.86B | $6.85B | $7.57B | $7.74B | $7.98B | $7.70B | $7.29B | $7.31B | $6.59B | $5.45B | $5.34B |
| Breakdown | Q1 2026 (Sep 30, 2025) |
Q1 2025 (Jun 29, 2025) |
Q4 2025 (Jun 30, 2025) |
Q3 2025 (Mar 31, 2025) |
Q2 2025 (Dec 31, 2024) |
Q4 2024 (Jun 30, 2024) |
Q3 2024 (Mar 31, 2024) |
Q2 2024 (Dec 31, 2023) |
Q1 2024 (Sep 30, 2023) |
Q4 2023 (Jun 30, 2023) |
Q3 2023 (Mar 31, 2023) |
Q2 2023 (Dec 31, 2022) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $-643.60M | $-282.20M | $-669.30M | $-939.90M | $-654.40M | $-174.90M | $-689.30M | $-540.40M | $-395.70M | $-113.30M | $-99.50M | $-90.90M |
| Depreciation & Amortization | $69.30M | $71.10M | $60.40M | $191.70M | $137.80M | $45.30M | $135.70M | $88.70M | $40.10M | $45.80M | $118.20M | $77.10M |
| Stock-based Compensation | $13.60M | $23.70M | $10.60M | $62.70M | $43.90M | $21.00M | $63.90M | $42.10M | $19.70M | $19.10M | $62.80M | $43.20M |
| Change in Receivables | $-23.20M | $-2.00M | $14.20M | $17.20M | $6.50M | $23.10M | $-30.50M | $-22.20M | $-600.00K | $-9.20M | $13.80M | $19.10M |
| Change in Inventory | $-700.00K | $25.60M | $-22.10M | $20.80M | $35.30M | $19.40M | $132.90M | $82.60M | $50.00M | $38.20M | $59.30M | $38.20M |
| Change in Payables | $22.40M | $20.20M | $-32.00M | $-16.70M | $-3.00M | $2.40M | $-48.20M | $-58.00M | $-18.10M | $25.20M | - | - |
| Operating Cash Flow | $5.70M | $-132.00M | $-242.50M | $-469.20M | $-327.10M | $-239.50M | $-486.10M | $-349.90M | $-147.40M | $-51.90M | $-90.70M | $-79.70M |
| Capital Expenditure | $104.00M | $437.00M | $211.90M | $1.06B | $838.80M | $644.30M | $1.63B | $1.05B | $442.00M | $425.60M | $530.20M | $237.80M |
| Investing Cash Flow | $136.90M | $-193.00M | $-13.60M | $-254.50M | $-423.20M | $-368.80M | $-1.57B | $-1.45B | $-785.90M | $-146.30M | $-1.00B | $-722.00M |
| Debt Repayment | - | - | - | - | - | - | - | - | - | - | $400.00K | $300.00K |
| Stock Issued | - | - | - | $203.90M | $100.00M | $12.50M | $10.90M | $10.90M | $500.00K | $12.40M | $11.40M | $11.20M |
| Financing Cash Flow | $-39.00M | $4.80M | $-7.80M | $407.90M | $318.50M | $511.90M | $1.45B | $947.00M | $938.40M | $1.16B | $1.44B | $1.44B |
| Net Change in Cash | $104.40M | $-319.80M | $-263.00M | $-315.70M | $-431.90M | $-96.50M | $-614.60M | $-852.60M | $5.00M | $961.90M | $345.60M | $635.60M |
SEC Filing Format - Data shown as it appears in the Q1 2026 (10-Q) filing
Period ended: Sep 30, 2025
Condensed Consolidated Statements of Operations
| Description | Sep 30, 2025 | |
|---|---|---|
| Current | Prior Year | |
| Total Revenue | $196.80M | $194.70M |
| Cost of Revenue | $273.90M | $230.90M |
| Gross Profit | $-77.10M | $-36.20M |
| Operating Expenses | $84.30M | $193.90M |
| Research & Development | $31.70M | $50.90M |
| Selling General & Admin | $37.90M | $62.20M |
| Operating Income | $-161.40M | $-230.10M |
| Interest Expense | $700.00K | $64.50M |
| Other Income/Expense | $22.40M | $12.80M |
| Income Before Tax | $-643.50M | $-281.80M |
| Income Tax Expense | $100.00K | $400.00K |
| Net Income | $-643.60M | $-282.20M |
| Basic EPS | -4.12 | -2.23 |
| Diluted EPS | -4.12 | -2.23 |
| Basic Shares Outstanding | $156.19M | $126.73M |
| Diluted Shares Outstanding | $156.19M | $126.73M |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Jun 30, 2025 |
|---|---|---|
| Cash & Cash Equivalents | $571.60M | $467.20M |
| Short-term Investments | $354.40M | $488.20M |
| Accounts Receivable | $155.60M | $178.80M |
| Inventory | $385.50M | $435.40M |
| Other Current Assets | $118.30M | $222.00M |
| Total Current Assets | $2.31B | $2.54B |
| Intangible Assets | $24.20M | $23.80M |
| Other Non-current Assets | $254.90M | $266.90M |
| Total Assets | $6.55B | $6.85B |
| Deferred Revenue | $72.90M | $50.00M |
| Other Current Liabilities | $29.30M | $220.50M |
| Total Current Liabilities | $299.60M | $7.09B |
| Other Non-current Liabilities | $16.60M | $203.10M |
| Total Liabilities | $7.63B | $7.30B |
| Common Stock | $200.00K | $200.00K |
| Retained Earnings | $-5.18B | $-4.54B |
| Total Stockholders Equity | $-1.08B | $-447.10M |
| Total Liabilities & Equity | $6.55B | $6.85B |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | |
|---|---|---|
| Current | Prior Year | |
| Net Income | $-643.60M | $-282.20M |
| Depreciation & Amortization | $69.30M | $71.10M |
| Stock-based Compensation | $13.60M | $23.70M |
| Change in Receivables | $-23.20M | $-2.00M |
| Change in Inventory | $-700.00K | $25.60M |
| Change in Payables | $22.40M | $20.20M |
| Operating Cash Flow | $5.70M | $-132.00M |
| Capital Expenditure | $104.00M | $437.00M |
| Investing Cash Flow | $136.90M | $-193.00M |
| Financing Cash Flow | $-39.00M | $4.80M |
| Net Change in Cash | $104.40M | $-319.80M |
All values are in USD (United States Dollars). Data is sourced from SEC EDGAR 10-Q filings.
Quarterly data represents single quarter results (Q1-Q4). Some items may show year-to-date values if quarterly breakdown is unavailable.