FULC - Fulcrum Therapeutics, Inc.
Price:
--
--
|
CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$20.67
DETAILS
HIGH:
$25.00
LOW:
$10.00
MEDIAN:
$23.50
CONSENSUS:
$20.67
UPSIDE:
214.61%
| Metric | 2026 Q1 | 2025 Q4 | 2025 Q3 | 2025 Q2 | 2025 Q1 | 2024 Q4 | 2024 Q3 | 2024 Q2 | 2024 Q1 | 2023 Q4 | 2023 Q3 | 2023 Q2 | 2023 Q1 | 2022 Q4 | 2022 Q3 | 2022 Q2 | 2022 Q1 | 2021 Q4 | 2021 Q3 | 2021 Q2 | 2021 Q1 | 2020 Q4 | 2020 Q3 | 2020 Q2 | 2020 Q1 | 2019 Q4 | 2019 Q3 | 2019 Q2 | 2019 Q1 | 2018 Q4 | 2018 Q3 | 2018 Q2 | 2018 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||||||||||||||||
| Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 80 | 0 | 0.9 | 0.8 | 0.9 | 0.3 | 0.7 | 1.2 | 1.9 | 2.6 | 5.1 | 4.9 | 4.4 | 4.8 | 4.2 | 1.8 | 2 | 0.8 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost of Revenue | 0.3 | (0.3) | 0 | 0.3 | 0 | 0.4 | 0 | 17.3 | 0.5 | 0.5 | 18.2 | 17.8 | 16.7 | 18.6 | 15.4 | 25.0 | 17.8 | 18.9 | 17.1 | 17.4 | 16.3 | 16.1 | 15.6 | 12.8 | 14.5 | 0.5 | 13.5 | 10.9 | 34.6 | 0 | 0 | 0 | 0 |
| Gross Profit | (0.3) | 0.3 | 0 | (0.3) | 0 | (0.4) | 0 | 62.7 | (0.5) | 0.4 | (17.5) | (17.0) | (16.4) | (17.9) | (14.2) | (23.1) | (15.2) | (13.9) | (12.1) | (13.0) | (11.5) | (11.9) | (13.8) | (10.8) | (13.7) | (0.5) | (13.5) | (10.9) | (34.6) | 0 | 0 | 0 | 0 |
| Operating Expenses | |||||||||||||||||||||||||||||||||
| R&D Expenses | 14.1 | 15.4 | 14.3 | 13.0 | 13.4 | 11.3 | 14.6 | 17.3 | 19.3 | 19.0 | 18.2 | 17.8 | 16.7 | 18.6 | 15.4 | 25.0 | 17.8 | 18.9 | 17.1 | 17.4 | 16.3 | 16.1 | 15.6 | 12.8 | 14.5 | 11.6 | 13.5 | 10.9 | 34.6 | 6.9 | 7.0 | 5.8 | 5.6 |
| SG&A Expenses | 8.1 | 7.3 | 7.6 | 6.8 | 7.0 | 7.7 | 8.4 | 10.2 | 10.1 | 9.4 | 10.0 | 10.3 | 11.5 | 10.1 | 9.7 | 11.1 | 10.8 | 9.7 | 8.6 | 6.7 | 5.5 | 5.9 | 5.3 | 5.1 | 5.1 | 4.4 | 3.5 | 2.6 | 2.6 | 2.4 | 2.1 | 2.1 | 1.7 |
| Other Expenses | (0.3) | 0.3 | 0 | (0.3) | 0 | 0 | 2.1 | (17.3) | 0 | 0 | (18.2) | (17.8) | (16.7) | (18.6) | (14.9) | (25.0) | (17.8) | (18.9) | (17.1) | (17.4) | (16.3) | (16.1) | (15.6) | (12.8) | (14.5) | 0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0 |
| Operating Expenses | 21.8 | 23.0 | 21.9 | 19.5 | 20.4 | 19.1 | 25.1 | 10.2 | 29.4 | 28.4 | 10.0 | 10.3 | 11.5 | 10.1 | 10.2 | 11.1 | 10.8 | 9.7 | 8.6 | 6.7 | 5.5 | 5.9 | 5.3 | 5.1 | 5.1 | 16.0 | 17.0 | 13.5 | 37.2 | 9.3 | 9.1 | 7.8 | 7.3 |
| Operating Income | |||||||||||||||||||||||||||||||||
| Operating Income | (22.2) | (22.7) | (21.9) | (19.8) | (20.4) | (19.4) | (25.1) | 52.5 | (29.8) | (28.0) | (27.4) | (27.3) | (27.9) | (28.0) | (24.4) | (34.2) | (26.0) | (23.6) | (20.8) | (19.7) | (17.0) | (17.8) | (19.1) | (15.9) | (18.8) | (16.5) | (17.0) | (13.5) | (37.2) | (9.3) | (9.1) | (7.8) | (7.3) |
| Interest Expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.0 | 0 |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3.5 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.4 | 0.5 | 0.3 | 0.4 | 0.4 | 0.1 | 0 | 0 |
| Profitability | |||||||||||||||||||||||||||||||||
| EBITDA | (21.8) | (20.0) | (19.2) | (17.0) | (20.1) | (16.2) | (22.7) | 52.9 | (29.4) | (27.5) | (26.9) | (26.7) | (27.4) | (27.4) | (23.3) | (33.6) | (25.5) | (22.9) | (20.2) | (19.0) | (16.4) | (17.1) | (18.6) | (15.4) | (18.3) | (15.6) | (16.5) | (13.0) | (36.7) | (8.7) | (8.6) | (7.6) | (7.1) |
| EBIT | (22.2) | (20.3) | (19.6) | (17.3) | (20.4) | (16.6) | (23.1) | 52.5 | (29.8) | (28.0) | (27.4) | (27.3) | (27.9) | (28.0) | (23.9) | (34.2) | (26.0) | (23.6) | (20.8) | (19.7) | (17.0) | (17.8) | (19.1) | (15.9) | (18.8) | (16.1) | (17.0) | (13.5) | (37.2) | (9.3) | (9.1) | (7.8) | (7.3) |
| Income Before Tax | (18.9) | (20.3) | (19.6) | (17.3) | (17.7) | (16.6) | (21.7) | 55.4 | (26.9) | (24.8) | (24.0) | (23.8) | (24.8) | (26.1) | (23.7) | (34.1) | (25.9) | (23.5) | (20.7) | (19.6) | (17.0) | (17.7) | (19.0) | (15.7) | (18.5) | (16.1) | (16.5) | (13.2) | (36.8) | (8.9) | (8.9) | (7.8) | (6.9) |
| Income Tax Expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.0 | 0 |
| Net Income | (18.9) | (20.3) | (19.6) | (17.3) | (17.7) | (16.6) | (21.7) | 55.4 | (26.9) | (24.8) | (24.0) | (23.8) | (24.8) | (26.1) | (23.7) | (34.1) | (25.9) | (23.5) | (20.7) | (19.6) | (17.0) | (17.7) | (19.0) | (15.7) | (18.5) | (16.1) | (16.5) | (13.2) | (36.8) | (8.9) | (8.9) | (7.8) | (6.9) |
| Per Share Data | |||||||||||||||||||||||||||||||||
| EPS (Basic) | -0.25 | -0.31 | -0.31 | -0.28 | -0.28 | -0.31 | -0.35 | 0.89 | -0.43 | -0.40 | -0.39 | -0.38 | -0.36 | -0.45 | -0.52 | -0.83 | -0.64 | -0.58 | -0.57 | -0.60 | -0.54 | -0.64 | -0.70 | -0.66 | -0.81 | -0.71 | -0.93 | -0.56 | -1.58 | -0.52 | -0.53 | -0.46 | -0.41 |
| EPS (Diluted) | -0.25 | -0.31 | -0.31 | -0.28 | -0.28 | -0.31 | -0.35 | 0.87 | -0.43 | -0.40 | -0.39 | -0.38 | -0.36 | -0.45 | -0.52 | -0.83 | -0.64 | -0.58 | -0.57 | -0.60 | -0.54 | -0.64 | -0.70 | -0.66 | -0.81 | -0.71 | -0.93 | -0.56 | -1.58 | -0.52 | -0.53 | -0.46 | -0.41 |
| Shares Outstanding | 76.2 | 63.4 | 62.6 | 62.5 | 62.5 | 54.0 | 62.4 | 62.2 | 62.0 | 61.9 | 61.8 | 61.8 | 59.7 | 52.1 | 46.2 | 40.9 | 40.6 | 40.6 | 36.6 | 32.6 | 31.5 | 27.5 | 27.3 | 23.9 | 22.7 | 22.6 | 17.8 | 23.3 | 23.3 | 16.9 | 16.9 | 16.9 | 16.9 |
| Metric | 2026 Q1 | 2025 Q4 | 2025 Q3 | 2025 Q2 | 2025 Q1 | 2024 Q4 | 2024 Q3 | 2024 Q2 | 2024 Q1 | 2023 Q4 | 2023 Q3 | 2023 Q2 | 2023 Q1 | 2022 Q4 | 2022 Q3 | 2022 Q2 | 2022 Q1 | 2021 Q4 | 2021 Q3 | 2021 Q2 | 2021 Q1 | 2020 Q4 | 2020 Q3 | 2020 Q2 | 2020 Q1 | 2019 Q4 | 2019 Q3 | 2019 Q2 | 2019 Q1 | 2018 Q4 | 2018 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | |||||||||||||||||||||||||||||||
| Cash & Cash Equivalents | 50.3 | 197.5 | 47.1 | 42.6 | 42.2 | 58.2 | 72.6 | 86.7 | 39.9 | 25.6 | 30.1 | 34.0 | 34.7 | 35.1 | 90.9 | 40.2 | 33.3 | 35.4 | 65.5 | 56.8 | 100.7 | 57.1 | 85.2 | 75.7 | 25.4 | 96.7 | 101.6 | 49.6 | 62.5 | 72.8 | (0.4) |
| Short-Term Investments | 283.1 | 154.8 | 153.6 | 171.5 | 184.4 | 182.8 | 184.6 | 187.1 | 173.4 | 210.7 | 227.0 | 244.2 | 263.1 | 167.8 | 130.9 | 128.8 | 161.8 | 182.8 | 174.9 | 68.8 | 43.1 | 55.9 | 41.8 | 56.0 | 55.8 | 0 | 0 | 0 | 0 | 0 | 0.8 |
| Net Receivables | 0 | 1.1 | 0.9 | 1.3 | 1.0 | 3.3 | 3.7 | 3.5 | 1.1 | 2.2 | 1.7 | 2.1 | 1.3 | 1.1 | 1.2 | 1.5 | 1.2 | 4.1 | 1.6 | 0.8 | 0.6 | 2.7 | 0.7 | 1.0 | 0.5 | 0.1 | 0.2 | 0.1 | 0.5 | 0.5 | 0 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (0.9) | 0 | 0 | 0 | 0 | 4.2 | 2.1 | 2.2 | (2.8) | 4.4 | 1.9 | 2.3 | 3.0 | 3.2 | 1.4 | 0.7 | 0.6 | 0 |
| Other Current Assets | 5.4 | 5.2 | 0 | 0 | 5.0 | 0 | 1.6 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.0 | 0 | 0.0 | 0.0 | 0.3 | 0.1 | 0.1 | 0.2 | 0.3 | 0.3 | 0.3 | 0.2 | 0.3 | 0.7 | 0 |
| Total Current Assets | 338.7 | 357.5 | 205.9 | 219.4 | 232.6 | 249.9 | 267.5 | 280.3 | 218.0 | 242.2 | 262.5 | 282.9 | 302.8 | 207.5 | 227.7 | 174.2 | 200.1 | 226.0 | 246.2 | 128.5 | 147.0 | 112.9 | 132.1 | 134.8 | 84.3 | 100.1 | 105.2 | 51.4 | 64.0 | 74.1 | 0.4 |
| Non-Current Assets | |||||||||||||||||||||||||||||||
| Property, Plant & Equipment | 6.4 | 7.1 | 7.8 | 8.2 | 8.9 | 9.6 | 10.2 | 10.8 | 11.4 | 12.4 | 13.3 | 14.3 | 15.2 | 16.0 | 16.9 | 17.8 | 18.3 | 7.4 | 7.7 | 7.7 | 7.8 | 8.4 | 8.4 | 8.9 | 9.4 | 87.9 | 9.6 | 10.0 | 10.2 | 10.5 | 0 |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.2 | 1.1 | 1.1 | 1.1 | 1.1 | 1.1 | 1.1 | 1.1 | 1.1 | 1.1 | 1.1 | 1.1 | 1.1 | 0 | 0 | 0 | 0 | 1.1 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 1.7 | 1.7 | 1.2 | 1.2 | 1.2 | 1.2 | 1.3 | 3.2 | 2.0 | 2.0 | 2.0 | 2.0 | 2.0 | 2.1 | 2.1 | 2.1 | 0.8 | 0.5 | 0.5 | 0.5 | 0.6 | 8.3 | 1.7 | 1.2 | 1.2 | (78.7) | 1.2 | 3.8 | 1.4 | 1.1 | (0.4) |
| Total Non-Current Assets | 8.1 | 8.8 | 9.0 | 9.5 | 10.1 | 10.8 | 11.5 | 14.0 | 14.6 | 15.5 | 16.4 | 17.4 | 18.3 | 19.2 | 20.1 | 21.0 | 20.2 | 9.0 | 9.4 | 9.4 | 9.5 | 16.7 | 10.1 | 10.1 | 10.5 | 10.4 | 10.7 | 13.8 | 11.6 | 11.7 | (0.4) |
| Total Assets | 346.8 | 366.3 | 214.9 | 228.8 | 242.6 | 260.7 | 279.0 | 294.3 | 232.6 | 257.7 | 278.9 | 300.3 | 321.1 | 226.7 | 247.8 | 195.2 | 220.2 | 235 | 255.5 | 137.9 | 156.5 | 129.6 | 142.2 | 144.9 | 94.9 | 110.4 | 116.0 | 65.2 | 75.6 | 85.8 | 0 |
| Current Liabilities | |||||||||||||||||||||||||||||||
| Account Payables | 2.5 | 1.6 | 2.9 | 1.8 | 1.5 | 1.2 | 4.0 | 3.6 | 3.9 | 2.8 | 3.6 | 3.9 | 3.8 | 3.6 | 2.7 | 5.4 | 6.0 | 4.8 | 3.7 | 4.5 | 4.8 | 4.1 | 3.6 | 3.6 | 3.9 | 2.2 | 4.5 | 3.1 | 2.5 | 1.3 | 0 |
| Short-Term Debt | 2.5 | 2.4 | 0 | 0 | 2.2 | 0 | 0 | 0 | 2.0 | 2.2 | 2.4 | 2.5 | 2.7 | 0 | 2.5 | 2.5 | 2.4 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.3 | 0.5 | 0.7 | 0.9 | 1.4 | 1.8 | 2.9 | 4.7 | 6.1 | 9.9 | 12.1 | 14.9 | 13.6 | 4.5 | 4.6 | 4.0 | 3.9 | 3.2 | 2.1 | 2.8 | 0 |
| Other Current Liabilities | 5.0 | 9.1 | 6.4 | 2.4 | 4.4 | 0.5 | 0.4 | 4.3 | 3.2 | 4.0 | 3.8 | 4.9 | 4.9 | 5.3 | 4.5 | 9.7 | 4.9 | 4.7 | 7.6 | 6.1 | 4.5 | 4.8 | 6.9 | 4.2 | 4.9 | 3.7 | 0.5 | 0.5 | 0.5 | 0.8 | 0 |
| Total Current Liabilities | 9.9 | 13.0 | 11.6 | 9.0 | 8.1 | 11.0 | 14.5 | 12.7 | 10.7 | 13.7 | 14.1 | 14.8 | 14.4 | 16.7 | 14.7 | 22.1 | 18.3 | 19.2 | 20.6 | 22.5 | 22.6 | 26.7 | 26.5 | 13.9 | 14.2 | 12.1 | 8.6 | 6.3 | 4.7 | 4.2 | 0 |
| Non-Current Liabilities | |||||||||||||||||||||||||||||||
| Long-Term Debt | 3.4 | 4.0 | 0 | 0 | 5.9 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (0.2) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0 | 0.2 | 0.4 | 0.3 | 0.2 | 0 | 0 | 0 | 4.3 | 4.3 | 4.5 | 4.6 | 4.7 | 4.8 | 4.9 | 5.0 | 5.1 | 5.2 | 5.4 | 5.4 | 5.5 | 0 |
| Total Non-Current Liabilities | 3.6 | 4.2 | 4.9 | 5.5 | 6.1 | 6.6 | 7.2 | 7.8 | 8.3 | 8.8 | 9.3 | 10.1 | 10.5 | 11.0 | 11.7 | 12.4 | 12.8 | 4.3 | 4.3 | 4.5 | 6.1 | 7.7 | 10.8 | 8.8 | 10.0 | 11.1 | 5.2 | 5.4 | 5.4 | 5.5 | 0 |
| Total Liabilities | 13.5 | 17.3 | 16.5 | 14.5 | 14.2 | 17.7 | 21.7 | 20.5 | 19.0 | 22.5 | 23.4 | 24.9 | 24.9 | 27.7 | 26.4 | 34.5 | 31.1 | 23.5 | 24.9 | 27.0 | 28.7 | 34.4 | 37.2 | 22.7 | 24.2 | 23.3 | 13.8 | 11.7 | 10.1 | 9.8 | 0 |
| Stockholders' Equity | |||||||||||||||||||||||||||||||
| Common Stock | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0 |
| Retained Earnings | (613.2) | (594.3) | (573.9) | (554.3) | (537.1) | (519.4) | (502.8) | (481.1) | (536.5) | (509.7) | (484.9) | (460.9) | (437.1) | (412.3) | (386.2) | (362.5) | (328.4) | (302.5) | (279.0) | (258.3) | (238.6) | (221.6) | (203.9) | (184.9) | (169.3) | (150.8) | (134.7) | (118.1) | (105.0) | (68.1) | 0 |
| Accumulated Other Comprehensive Income | (0.5) | 0 | 0.2 | 0.1 | 0 | 0.1 | 0.4 | (0.4) | (0.4) | (0.1) | (0.9) | (1.2) | (0.7) | (0.8) | (0.9) | (1.1) | (1.1) | (0.4) | (0.1) | (0.0) | (0.0) | (0.0) | 0.0 | 0.1 | (0.1) | (110.4) | (3.4) | (2.9) | (2.4) | (2.0) | (33.3) |
| Total Stockholders' Equity | 333.3 | 349 | 198.4 | 214.4 | 228.5 | 243.0 | 257.3 | 273.8 | 213.6 | 235.2 | 255.5 | 275.4 | 296.3 | 198.9 | 221.4 | 160.8 | 189.2 | 211.5 | 230.6 | 110.9 | 127.8 | 95.2 | 105.0 | 122.1 | 70.6 | 87.2 | 102.1 | 53.5 | 65.4 | 76 | 1.3 |
| Total Liabilities & Equity | 346.8 | 366.3 | 214.9 | 228.8 | 242.6 | 260.7 | 279.0 | 294.3 | 232.6 | 257.7 | 278.9 | 300.3 | 321.1 | 226.7 | 247.8 | 195.2 | 220.2 | 235 | 255.5 | 137.9 | 156.5 | 129.6 | 142.2 | 144.9 | 94.9 | 110.4 | 116.0 | 65.2 | 75.6 | 85.8 | 1.3 |
| Debt Metrics | |||||||||||||||||||||||||||||||
| Total Debt | 5.9 | 6.4 | 7.0 | 7.6 | 8.1 | 8.6 | 9.1 | 9.7 | 10.1 | 10.8 | 11.5 | 12.2 | 12.8 | 13.4 | 14.0 | 14.6 | 15.2 | 0 | 0 | 0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0 |
| Net Debt | (44.4) | (191.1) | (40.1) | (35.0) | (34.1) | (49.6) | (63.5) | (77.0) | (29.8) | (14.7) | (18.6) | (21.8) | (21.9) | (21.7) | (76.9) | (25.5) | (18.1) | (35.4) | (65.5) | (56.8) | (100.7) | (57.0) | (85.2) | (75.7) | (25.3) | (96.7) | (101.5) | (49.6) | (62.4) | (72.8) | 0.4 |
| Metric | 2026 Q1 | 2025 Q4 | 2025 Q3 | 2025 Q2 | 2025 Q1 | 2024 Q4 | 2024 Q3 | 2024 Q2 | 2024 Q1 | 2023 Q4 | 2023 Q3 | 2023 Q2 | 2023 Q1 | 2022 Q4 | 2022 Q3 | 2022 Q2 | 2022 Q1 | 2021 Q4 | 2021 Q3 | 2021 Q2 | 2021 Q1 | 2020 Q4 | 2020 Q3 | 2020 Q2 | 2020 Q1 | 2019 Q4 | 2019 Q3 | 2019 Q2 | 2019 Q1 | 2018 Q4 | 2018 Q3 | 2018 Q2 | 2018 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||||||||||||||||||||
| Net Income | (18.9) | (20.3) | (19.6) | (17.3) | (17.7) | (16.6) | (21.7) | 55.4 | (26.9) | (24.8) | (24.0) | (23.8) | (24.8) | (26.1) | (23.7) | (34.1) | (25.9) | (23.5) | (20.7) | (19.6) | (17.0) | (17.7) | (19.0) | (15.7) | (18.5) | (16.1) | (16.5) | (13.2) | (36.8) | (8.9) | (8.9) | (7.8) | (6.9) |
| Depreciation & Amortization | 0.3 | 0.3 | 0.3 | 0.3 | 0.4 | 0.4 | 0.4 | 0.4 | 0.5 | 0.5 | 0.5 | 0.6 | 0.6 | 0.6 | 0.6 | 0.7 | 0.5 | 0.6 | 0.6 | 0.7 | 0.6 | 0.7 | 0.6 | 0.6 | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 | 0.2 | 0.2 |
| Stock-Based Compensation | 3.9 | 3.1 | 0 | 2.9 | 3.2 | 2.5 | 0 | 0 | 3.9 | 3.4 | 3.7 | 3.4 | 4.3 | 3.3 | 3.4 | 2.9 | 3.8 | 3.8 | 2.7 | 2.5 | 2.1 | 1.7 | 1.8 | 2.2 | 1.7 | 1.3 | 1.2 | 0.9 | 0.8 | 0.8 | 0.5 | 0.5 | 0.4 |
| Change in Working Capital | (3.3) | 0.5 | 2.3 | 1.3 | (0.2) | (2.1) | (0.4) | (0.1) | (1.6) | (1.0) | (1.6) | 0.8 | (2.8) | 3.2 | (8.2) | 2.9 | (0.9) | (3.2) | (5.2) | (1.5) | (2.0) | (4.6) | 12.1 | (1.2) | 1.1 | 9.8 | 1.8 | (0.4) | 0.0 | 1.2 | 3.9 | 1.8 | (0.3) |
| Other Non-Cash Items | (0.8) | (0.4) | 2.8 | (1.1) | (0.9) | (0.9) | 2.6 | 3.2 | (1.2) | (1.3) | (1.6) | (1.7) | (1.4) | (0.6) | 0.1 | 0.3 | 0.4 | 0.4 | 0.1 | 0.1 | 0.1 | 0.0 | (0.0) | (0.0) | (0.0) | 0 | 2.4 | (0.8) | 25.6 | (0.2) | (0.4) | 0.3 | 0.2 |
| Operating Cash Flow | (18.8) | (16.8) | (14.2) | (13.8) | (15.3) | (16.8) | (19.1) | 58.9 | (25.3) | (23.2) | (22.9) | (20.8) | (24.1) | (19.7) | (27.9) | (27.4) | (22.1) | (21.9) | (22.6) | (17.8) | (16.2) | (19.8) | (4.5) | (14.1) | (15.2) | (4.5) | (13.0) | (12.1) | (9.9) | (6.4) | (4.1) | (5.4) | (6.6) |
| Investing Activities | |||||||||||||||||||||||||||||||||
| Capital Expenditure | (0.0) | (0.2) | (0.1) | (0.1) | 0 | (0.2) | (0.0) | 0 | (0.0) | (0.1) | (0.1) | (0.2) | (0.2) | (0.1) | (0.3) | (1.3) | (0.2) | (0.5) | (0.4) | (0.6) | (0.3) | (0.5) | (0.1) | (0.2) | (0.6) | (0.1) | (0.2) | (0.2) | (0.3) | (3.5) | (0.9) | (3.8) | (0.8) |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 93.8 | 0 | 2.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Purchases of Investments | (155.3) | (26.1) | (17.3) | (76.4) | (60.4) | (21.4) | (38.1) | (63.2) | (55.8) | (25.1) | (26.0) | (17.3) | (126.5) | (83.3) | (52.7) | (10.2) | (5.0) | (34.9) | (129.6) | (48.8) | (3.0) | (43) | (8.6) | (16.8) | (55.8) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Sales/Maturities of Investments | 27.1 | 25.2 | 36.0 | 90.4 | 59.6 | 23.9 | 42.5 | 50.7 | 94.0 | 43.5 | 45.1 | 37.4 | 32.7 | 47.0 | 50.7 | 42.9 | 24.9 | 26.3 | 23.3 | 23.0 | 15.7 | 28.9 | 22.8 | 16.8 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Investing Activities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (93.8) | 0 | (2.0) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (0.1) | 0 | 0 | 0 | 0 |
| Investing Cash Flow | (128.2) | (1.0) | 18.6 | 13.9 | (0.8) | 2.3 | 4.3 | (12.5) | 38.1 | 18.4 | 19.0 | 19.9 | (93.9) | (36.4) | (2.3) | 31.4 | 19.7 | (9.1) | (106.6) | (26.4) | 12.4 | (14.6) | 14.1 | (0.2) | (56.4) | (0.1) | (0.2) | (0.2) | (0.4) | (3.5) | (0.9) | (3.8) | (0.8) |
| Financing Activities | |||||||||||||||||||||||||||||||||
| Net Debt Issuance | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (0.0) | 0.0 | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) |
| Stock Repurchased | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (0.2) | 0 | 0 | 0 | 0 | 0 | 0 | (0.0) | 0 | 0 | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | (0.3) | 0 | 0 | 0 | 0 | 0.1 | 0 | 0 | 0 | 0 | 0 | 0.1 | 0.3 | 0.3 | 0.1 | 2.8 | 0.3 | 1.0 | 2.4 | 0.2 | 0.1 | 0.5 | 0.1 | 0.3 | 0.3 | 0 | 0.8 | (0.5) | 0 | (0.1) | 0.0 | 0 | 12.7 |
| Financing Cash Flow | (0.3) | 168.3 | 0.1 | 0.3 | 0 | 0.1 | 0.6 | 0.4 | 1.7 | 0.3 | 0 | 0.1 | 117.7 | 0.2 | 80.9 | 2.8 | 0.3 | 0.9 | 137.9 | 0.2 | 47.5 | 6.3 | (0.1) | 64.7 | 0.3 | (0.3) | 65.2 | (0.5) | (0.0) | (0.1) | 79.8 | 12.7 | 12.6 |
| Cash Position | |||||||||||||||||||||||||||||||||
| Net Change in Cash | (147.3) | 150.5 | 4.5 | 0.4 | (16.0) | (14.4) | (14.1) | 46.8 | 14.4 | (4.5) | (3.9) | (0.8) | (0.4) | (55.8) | 50.8 | 6.8 | (2.1) | (30.1) | 8.7 | (44.0) | 43.7 | (28.2) | 9.5 | 50.3 | (71.3) | (4.9) | 52.0 | (12.8) | (10.3) | (10.0) | 74.8 | 3.4 | 5.2 |
| Cash at Beginning | 198.7 | 48.3 | 42.6 | 43.4 | 59.4 | 73.8 | 86.7 | 39.9 | 25.6 | 30.1 | 35.1 | 35.8 | 36.2 | 92.0 | 41.2 | 34.4 | 36.5 | 66.6 | 57.9 | 101.8 | 58.1 | 86.3 | 76.8 | 26.5 | 97.8 | 102.7 | 50.7 | 63.5 | 73.9 | 83.8 | 9.1 | 5.6 | 0.4 |
| Cash at End | 51.5 | 198.7 | 47.1 | 43.8 | 43.4 | 59.4 | 72.6 | 86.7 | 39.9 | 25.6 | 31.2 | 35.1 | 35.8 | 36.2 | 92.0 | 41.2 | 34.4 | 36.5 | 66.6 | 57.9 | 101.8 | 58.1 | 86.3 | 76.8 | 26.5 | 97.8 | 102.7 | 50.7 | 63.5 | 73.9 | 83.8 | 9.1 | 5.6 |
| Free Cash Flow | (18.8) | (17.0) | (14.3) | (13.9) | (15.3) | (17.0) | (19.1) | 58.9 | (25.3) | (23.2) | (23.0) | (21.0) | (24.3) | (19.8) | (28.2) | (28.7) | (22.4) | (22.4) | (22.9) | (18.4) | (16.5) | (20.3) | (4.6) | (14.3) | (15.8) | (4.6) | (13.2) | (12.3) | (10.2) | (9.9) | (5.0) | (9.2) | (7.4) |
| Key Metrics | 2026 Q1 | 2025 Q4 | 2025 Q3 | 2025 Q2 | 2025 Q1 | 2024 Q4 | 2024 Q3 | 2024 Q2 | 2024 Q1 | 2023 Q4 | 2023 Q3 | 2023 Q2 | 2023 Q1 | 2022 Q4 | 2022 Q3 | 2022 Q2 | 2022 Q1 | 2021 Q4 | 2021 Q3 | 2021 Q2 | 2021 Q1 | 2020 Q4 | 2020 Q3 | 2020 Q2 | 2020 Q1 | 2019 Q4 | 2019 Q3 | 2019 Q2 | 2019 Q1 | 2018 Q4 | 2018 Q3 | 2018 Q2 | 2018 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||||||||||||||||||||||||
| Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 80 | 0 | 0.9 | 0.8 | 0.9 | 0.3 | 0.7 | 1.2 | 1.9 | 2.6 | 5.1 | 4.9 | 4.4 | 4.8 | 4.2 | 1.8 | 2 | 0.8 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Gross Profit | (0.3) | 0.3 | 0 | (0.3) | 0 | (0.4) | 0 | 62.7 | (0.5) | 0.4 | (17.5) | (17.0) | (16.4) | (17.9) | (14.2) | (23.1) | (15.2) | (13.9) | (12.1) | (13.0) | (11.5) | (11.9) | (13.8) | (10.8) | (13.7) | (0.5) | (13.5) | (10.9) | (34.6) | 0 | 0 | 0 | 0 |
| Operating Income | (22.2) | (22.7) | (21.9) | (19.8) | (20.4) | (19.4) | (25.1) | 52.5 | (29.8) | (28.0) | (27.4) | (27.3) | (27.9) | (28.0) | (24.4) | (34.2) | (26.0) | (23.6) | (20.8) | (19.7) | (17.0) | (17.8) | (19.1) | (15.9) | (18.8) | (16.5) | (17.0) | (13.5) | (37.2) | (9.3) | (9.1) | (7.8) | (7.3) |
| Net Income | (18.9) | (20.3) | (19.6) | (17.3) | (17.7) | (16.6) | (21.7) | 55.4 | (26.9) | (24.8) | (24.0) | (23.8) | (24.8) | (26.1) | (23.7) | (34.1) | (25.9) | (23.5) | (20.7) | (19.6) | (17.0) | (17.7) | (19.0) | (15.7) | (18.5) | (16.1) | (16.5) | (13.2) | (36.8) | (8.9) | (8.9) | (7.8) | (6.9) |
| EPS (Diluted) | -0.25 | -0.31 | -0.31 | -0.28 | -0.28 | -0.31 | -0.35 | 0.87 | -0.43 | -0.40 | -0.39 | -0.38 | -0.36 | -0.45 | -0.52 | -0.83 | -0.64 | -0.58 | -0.57 | -0.60 | -0.54 | -0.64 | -0.70 | -0.66 | -0.81 | -0.71 | -0.93 | -0.56 | -1.58 | -0.52 | -0.53 | -0.46 | -0.41 |
| Balance Sheet | |||||||||||||||||||||||||||||||||
| Cash & Equivalents | 50.3 | 197.5 | 47.1 | 42.6 | 42.2 | 58.2 | 72.6 | 86.7 | 39.9 | 25.6 | 30.1 | 34.0 | 34.7 | 35.1 | 90.9 | 40.2 | 33.3 | 35.4 | 65.5 | 56.8 | 100.7 | 57.1 | 85.2 | 75.7 | 25.4 | 96.7 | 101.6 | 49.6 | 62.5 | 72.8 | (0.4) | ||
| Total Assets | 346.8 | 366.3 | 214.9 | 228.8 | 242.6 | 260.7 | 279.0 | 294.3 | 232.6 | 257.7 | 278.9 | 300.3 | 321.1 | 226.7 | 247.8 | 195.2 | 220.2 | 235 | 255.5 | 137.9 | 156.5 | 129.6 | 142.2 | 144.9 | 94.9 | 110.4 | 116.0 | 65.2 | 75.6 | 85.8 | 0 | ||
| Total Debt | 5.9 | 6.4 | 7.0 | 7.6 | 8.1 | 8.6 | 9.1 | 9.7 | 10.1 | 10.8 | 11.5 | 12.2 | 12.8 | 13.4 | 14.0 | 14.6 | 15.2 | 0 | 0 | 0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0 | ||
| Stockholders' Equity | 333.3 | 349 | 198.4 | 214.4 | 228.5 | 243.0 | 257.3 | 273.8 | 213.6 | 235.2 | 255.5 | 275.4 | 296.3 | 198.9 | 221.4 | 160.8 | 189.2 | 211.5 | 230.6 | 110.9 | 127.8 | 95.2 | 105.0 | 122.1 | 70.6 | 87.2 | 102.1 | 53.5 | 65.4 | 76 | 1.3 | ||
| Cash Flow | |||||||||||||||||||||||||||||||||
| Operating Cash Flow | (18.8) | (16.8) | (14.2) | (13.8) | (15.3) | (16.8) | (19.1) | 58.9 | (25.3) | (23.2) | (22.9) | (20.8) | (24.1) | (19.7) | (27.9) | (27.4) | (22.1) | (21.9) | (22.6) | (17.8) | (16.2) | (19.8) | (4.5) | (14.1) | (15.2) | (4.5) | (13.0) | (12.1) | (9.9) | (6.4) | (4.1) | (5.4) | (6.6) |
| Capital Expenditure | (0.0) | (0.2) | (0.1) | (0.1) | 0 | (0.2) | (0.0) | 0 | (0.0) | (0.1) | (0.1) | (0.2) | (0.2) | (0.1) | (0.3) | (1.3) | (0.2) | (0.5) | (0.4) | (0.6) | (0.3) | (0.5) | (0.1) | (0.2) | (0.6) | (0.1) | (0.2) | (0.2) | (0.3) | (3.5) | (0.9) | (3.8) | (0.8) |
| Free Cash Flow | (18.8) | (17.0) | (14.3) | (13.9) | (15.3) | (17.0) | (19.1) | 58.9 | (25.3) | (23.2) | (23.0) | (21.0) | (24.3) | (19.8) | (28.2) | (28.7) | (22.4) | (22.4) | (22.9) | (18.4) | (16.5) | (20.3) | (4.6) | (14.3) | (15.8) | (4.6) | (13.2) | (12.3) | (10.2) | (9.9) | (5.0) | (9.2) | (7.4) |