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Trailing performance Price return · vs SPY
Return vs SPY
Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.
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Options chains and analytics, valuation ratios, insider filings, analyst targets and ownership. No card, no trial, nothing to cancel.
Fundamentals TTM · reported
Market cap —
Enterprise value —
Revenue (TTM) —
Gross profit —
EBITDA —
Net income —
EPS (TTM) —
Free cash flow —
Total cash —
Total debt —
Book value / share —
Shares outstanding —
Float —
Short % of float —
Dividend yield —
Beta (5Y) —
Valuation & profitability ratios Account required
Trailing P/E —
Forward P/E —
PEG ratio —
Price / sales —
Price / book —
EV / revenue —
EV / EBITDA —
Gross margin —
Operating margin —
Profit margin —
Return on equity —
Return on assets —
Debt / equity —
Current ratio —
Free account required
Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.
Financial statements As reported · 4 years · 5 quarters
Income Balance sheet Cash flow
Annual Quarterly
Blank means not reported, not zero
Line item 2025 2024 2023 2022 YoY
Total revenue
$275.50M $326.45M $343.38M $418.93M
-15.6%
Operating revenue
$275.50M $326.45M $343.38M $418.93M
-15.6%
Cost of revenue
$267.85M $284.75M $426.03M $442.68M
-5.9%
Gross profit
$7.65M $41.70M -$82.66M -$23.74M
-81.7%
Research & development
$23.23M $28.15M $39.53M $62.26M
-17.5%
Selling, general & admin
$217.76M $169.67M $203.71M $239.50M
+28.3%
Total operating expense
$240.99M $197.82M $243.24M $301.77M
+21.8%
Operating income
-$233.35M -$156.12M -$325.89M -$325.51M
-49.5%
Net interest income
-$14.03M -$4.10M -$3.96M -$3.97M
-242.4%
Pre-tax income
$219.10M -$160.23M -$334.24M -$347.16M
+236.7%
Tax provision
$0 -$26.00K $5.00K $32.00K
+100.0%
Net income
$178.01M -$160.28M -$338.14M -$366.14M
+211.1%
Net income to common
$178.01M -$160.28M -$338.14M -$366.14M
+211.1%
Basic EPS
1.15 -2.43 -5.26 -5.75
+147.3%
Diluted EPS
-1.83 -2.43 -5.26 -5.75
+24.7%
EBIT
$233.13M -$156.13M -$330.28M -$343.19M
+249.3%
EBITDA
$265.90M -$133.01M -$282.19M -$310.61M
+299.9%
Basic shares
155.27M 66.00M 64.30M 63.62M
+135.2%
Diluted shares
180.92M 66.00M 64.30M 63.62M
+174.1%
Line item 2025 2024 2023 2022 YoY
Cash & equivalents
$203.89M $131.91M $190.50M $309.92M
+54.6%
Cash & short-term investments
$203.89M $131.91M $190.50M $309.92M
+54.6%
Accounts receivable
$26.06M $26.86M $31.73M $34.20M
-3.0%
Inventory
$84.03M $113.44M $130.34M $235.70M
-25.9%
Total current assets
$341.48M $286.46M $372.84M $606.46M
+19.2%
Property, plant & equipment
$259.85M $376.87M $386.14M $430.07M
-31.0%
Total assets
$614.75M $678.15M $774.45M $1.06B
-9.3%
Total current liabilities
$74.92M $61.45M $74.35M $75.84M
+21.9%
Long-term debt
$420.81M $1.14B $1.14B $1.13B
-63.1%
Total debt
$507.97M $1.22B $1.22B $1.19B
-58.5%
Total liabilities
$615.74M $1.28B $1.29B $1.27B
-51.9%
Retained earnings
-$1.02B -$1.24B -$1.08B -$743.11M
+17.6%
Shareholder equity
-$997.00K -$601.21M -$513.37M -$203.55M
+99.8%
Working capital
$266.57M $225.00M $298.49M $530.62M
+18.5%
Net tangible assets
-$997.00K -$601.21M -$513.37M -$203.55M
+99.8%
Shares issued
453.69M 76.07M 64.62M 63.77M
+496.4%
Line item 2025 2024 2023 2022 YoY
Net income
$219.02M -$160.28M -$338.14M -$366.14M
+236.7%
Depreciation & amortisation
$32.77M $23.12M $48.09M $32.58M
+41.7%
Stock-based compensation
$30.99M $23.92M $29.10M $33.86M
+29.5%
Change in working capital
$30.69M -$4.01M $114.66M -$54.19M
+865.8%
Operating cash flow
-$144.93M -$98.81M -$107.83M -$320.24M
-46.7%
Capital expenditure
-$12.31M -$11.02M -$10.56M -$73.30M
-11.7%
Investing cash flow
-$10.25M -$6.23M -$9.49M -$87.53M
-64.5%
Financing cash flow
$223.41M $45.78M -$550.00K $276.00K
+388.0%
Free cash flow
-$157.24M -$109.83M -$118.39M -$393.54M
-43.2%
End cash position
$217.53M $145.55M $205.94M $322.55M
+49.5%
Line item 2026-06-30 2026-03-31 2025-12-31 2025-09-30 2025-06-30 YoY
Total revenue
$68.83M $58.21M $61.59M $70.22M $74.96M
+18.3%
Operating revenue
$68.83M $58.21M $61.59M $70.22M $74.96M
+18.3%
Cost of revenue
$62.96M $56.22M $68.70M $62.99M $67.04M
+12.0%
Gross profit
$5.87M $1.99M -$7.11M $7.23M $7.92M
+195.9%
Research & development
$4.19M $5.22M $5.05M $4.92M $5.81M
-19.8%
Selling, general & admin
$32.49M $37.87M $95.16M $37.23M $39.63M
-14.2%
Total operating expense
$36.68M $43.09M $100.21M $42.15M $45.44M
-14.9%
Operating income
-$30.81M -$41.10M -$107.32M -$34.92M -$37.52M
+25.1%
Net interest income
-$6.57M -$6.73M -$6.58M -$4.42M -$2.00M
+2.4%
Pre-tax income
$16.42M -$28.47M $411.87M -$110.68M -$31.79M
+157.7%
Tax provision
$0 $0 $0 $0 $0
—
Net income
$16.40M -$28.48M $370.86M -$110.69M -$31.84M
+157.6%
Net income to common
$16.40M -$28.48M $370.86M -$110.69M -$31.84M
+157.6%
Basic EPS
0.03 -0.06 0.84 -28.80 -0.42
+150.0%
Diluted EPS
-0.06 -0.06 -0.29 -28.80 -0.42
0.0%
EBIT
$22.99M -$21.73M $418.45M -$106.26M -$29.78M
+205.8%
EBITDA
$29.72M -$14.91M $426.19M -$96.90M -$21.52M
+299.3%
Basic shares
501.30M 455.27M 379.25M 3.83M 76.49M
+10.1%
Diluted shares
591.87M 455.27M 477.78M 3.83M 76.49M
+30.0%
Line item 2026-06-30 2026-03-31 2025-12-31 2025-09-30 2025-06-30 YoY
Cash & equivalents
$171.37M $191.00M $203.89M $117.30M $103.50M
-10.3%
Cash & short-term investments
$171.37M $191.00M $203.89M $117.30M $103.50M
-10.3%
Accounts receivable
$25.73M $25.93M $26.06M $27.92M $37.34M
-0.8%
Inventory
$63.13M $68.89M $84.03M $110.29M $110.87M
-8.4%
Total current assets
$295.65M $311.01M $341.48M $288.64M $297.13M
-4.9%
Property, plant & equipment
$248.79M $253.78M $259.85M $295.31M $379.79M
-2.0%
Total assets
$559.85M $579.46M $614.75M $599.67M $691.74M
-3.4%
Total current liabilities
$112.24M $109.02M $74.92M $63.64M $90.19M
+3.0%
Current debt
$29.46M $29.46M — — —
0.0%
Long-term debt
$298.18M $385.94M $420.81M $1.24B $1.19B
-22.7%
Total debt
$411.66M $501.00M $507.97M $1.33B $1.28B
-17.8%
Total liabilities
$503.10M $600.55M $615.74M $1.38B $1.37B
-16.2%
Retained earnings
-$1.03B -$1.05B -$1.02B -$1.43B -$1.32B
+1.6%
Shareholder equity
$56.76M -$21.08M -$997.00K -$784.07M -$677.02M
+369.2%
Working capital
$183.41M $202.00M $266.57M $225.00M $206.95M
-9.2%
Net tangible assets
$56.76M -$21.08M -$997.00K -$784.07M -$677.02M
+369.2%
Shares issued
515.34M 463.20M 453.69M 76.75M 76.60M
+11.3%
Line item 2026-06-30 2026-03-31 2025-12-31 2025-09-30 2025-06-30 YoY
Net income
$16.40M -$28.48M $411.87M -$99.92M -$31.84M
+157.6%
Depreciation & amortisation
$6.73M $6.82M $7.73M $9.36M $8.27M
-1.4%
Stock-based compensation
$7.40M $6.52M $17.07M $3.77M $4.30M
+13.4%
Change in working capital
-$1.99M $22.27M $43.68M -$28.11M -$6.94M
-109.0%
Operating cash flow
-$18.13M -$5.03M -$46.79M -$40.16M -$31.83M
-260.5%
Capital expenditure
-$1.49M -$2.53M -$2.98M -$2.91M -$1.94M
+41.1%
Investing cash flow
-$513.00K -$1.78M -$2.26M -$1.92M -$1.94M
+71.2%
Financing cash flow
-$2.12M -$4.50M $135.59M $55.56M $32.85M
+52.9%
Free cash flow
-$19.62M -$7.55M -$49.77M -$43.07M -$33.77M
-159.6%
End cash position
$186.13M $205.76M $217.53M $131.07M $117.27M
-9.5%
Analyst targets & ownership Account required
Mean target —
High target —
Low target —
Implied upside —
Analyst count —
Consensus —
Strong buy / Buy — / —
Hold —
Sell / Strong sell — / —
Held by insiders —
Held by institutions —
Institutions holding —
Free account required
Price targets, consensus spread, insider and institutional ownership.
Moving averages & technicals Computed from 2Y daily closes
SMA 10
11.70
-96.82% from price
SMA 20
13.32
-2.56% from price
SMA 50
15.92
-18.48% from price
SMA 100
18.10
-97.94% from price
SMA 200
20.80
-37.62% from price
EMA 12
12.45
-97.01% from price
EMA 26
13.70
-97.28% from price
EMA 50
15.30
-97.57% from price
MACD (12,26,9)
-1.25
Hist 0.08
ATR (14)
0.89
6.89% of price
Realised vol 30D
99.6%
Annualised
Bollinger upper
17.02
20, 2σ
Bollinger lower
9.61
20, 2σ
50 / 200 cross
Death
15.92 vs 20.80
Trend bias
Below 200
-37.62%
Options chain Account required
Expiry Loading…
Calls Puts
Spot 0.37
Calls Strike Last Bid Ask Vol OI IV
000.00 0.00 0.00 0.00 0 0 0.0% 000.00 0.00 0.00 0.00 0 0 0.0% 000.00 0.00 0.00 0.00 0 0 0.0% 000.00 0.00 0.00 0.00 0 0 0.0% 000.00 0.00 0.00 0.00 0 0 0.0% 000.00 0.00 0.00 0.00 0 0 0.0% 000.00 0.00 0.00 0.00 0 0 0.0%
Puts Strike Last Bid Ask Vol OI IV
000.00 0.00 0.00 0.00 0 0 0.0% 000.00 0.00 0.00 0.00 0 0 0.0% 000.00 0.00 0.00 0.00 0 0 0.0% 000.00 0.00 0.00 0.00 0 0 0.0% 000.00 0.00 0.00 0.00 0 0 0.0% 000.00 0.00 0.00 0.00 0 0 0.0% 000.00 0.00 0.00 0.00 0 0 0.0%
Free account required
Every listed expiry, both sides of the book, with volume, open interest and implied volatility.
Risk profile Daily returns · 1Y window
Beta vs SPY
0.40
Less volatile than market
Correlation to SPY
0.02
Largely independent
Realised vol 30D
99.6%
Annualised
Market vol 1Y
12.8%
SPY, annualised
Max drawdown 1Y
-89.7%
Peak to trough
Max drawdown 5Y
-99.7%
Peak to trough
Beta (reported)
—
5Y monthly, from filing
Headlines 0Q3.DU · links out to the publisher
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