TECX - Tectonic Therapeutic, Inc.
Price:
--
--
|
CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$72.00
DETAILS
HIGH:
$81.00
LOW:
$60.00
MEDIAN:
$75.00
CONSENSUS:
$72.00
UPSIDE:
89.82%
| 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 | 2017 Q3 | 2017 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||||||||||||||||||
| Revenue | 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 |
| Cost of Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.9 | 0 | 0.3 | 0.4 | 0.4 | 0.4 | 0.4 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 |
| Gross Profit | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (0.9) | 0 | (0.3) | (0.4) | (0.4) | (0.4) | (0.4) | (0.3) | (0.3) | (0.3) | (0.3) | (0.3) | (0.3) | (0.2) | (0.2) | (0.2) | (0.2) | (0.2) | (0.1) | (0.0) | (0.0) | (0.0) | (0.0) |
| Operating Expenses | |||||||||||||||||||||||||||||||||||
| R&D Expenses | 20.9 | 16.3 | 16.9 | 17.2 | 13.0 | 9.2 | 14.3 | 7.1 | 10.8 | 7.2 | 8.1 | 8.8 | 17.0 | 8.3 | 15.6 | 18.5 | 18.9 | 18.6 | 22.7 | 22.2 | 18.2 | 19.3 | 28.5 | 20.9 | 18.3 | 17.2 | 13.0 | 12.3 | 12.4 | 12.8 | 9.2 | 7.4 | 5.6 | 5.4 | 1.4 |
| SG&A Expenses | 6.4 | 5.2 | 5.0 | 5.1 | 5.3 | 4.8 | 5.3 | 4.3 | 2.1 | 2.2 | 2.0 | 1.9 | 7.3 | 2.1 | 7.1 | 8.9 | 10.2 | 9.0 | 9.6 | 8.8 | 8.4 | 8.5 | 7.9 | 7.7 | 8.0 | 6.0 | 4.8 | 4.1 | 5.1 | 3.7 | 2.9 | 2.1 | 2.1 | 0.9 | 0.6 |
| Other Expenses | 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 |
| Operating Expenses | 27.3 | 21.5 | 21.9 | 22.3 | 18.3 | 14.0 | 19.6 | 11.4 | 13.0 | 9.4 | 10.1 | 10.6 | 24.3 | 10.3 | 22.6 | 27.4 | 29.0 | 27.5 | 32.2 | 31.1 | 26.6 | 27.8 | 36.4 | 28.6 | 26.3 | 23.2 | 17.8 | 16.4 | 17.5 | 16.5 | 12.1 | 9.5 | 7.8 | 6.4 | 2.0 |
| Operating Income | |||||||||||||||||||||||||||||||||||
| Operating Income | (27.3) | (21.5) | (21.9) | (22.3) | (18.3) | (14.0) | (19.6) | (11.4) | (13.0) | (9.4) | (10.1) | (10.6) | (25.2) | (10.3) | (23.0) | (27.8) | (29.4) | (28.0) | (32.6) | (31.4) | (26.9) | (28.1) | (36.7) | (28.9) | (26.6) | (23.4) | (18.1) | (16.6) | (17.7) | (16.7) | (12.2) | (9.5) | (7.8) | (6.4) | (2.0) |
| 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 | 0.3 | 0.4 | 0.2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Income | 2.2 | 2.6 | 2.9 | 3.4 | 2.4 | 1.7 | 2.0 | 0.3 | 0.3 | 0.1 | 0.1 | 0.2 | 0.2 | 0.1 | 0.1 | 0 | 0 | 0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 | 0.6 | 0.8 | 0.9 | 0.6 | 0.7 | 0.7 | 0.6 | 0.2 | 0.2 | 0.0 | 0.0 |
| Profitability | |||||||||||||||||||||||||||||||||||
| EBITDA | (24.9) | (18.3) | (18.7) | (18.7) | (15.5) | (11.8) | (17.3) | (12.3) | (14.8) | (7.5) | (9.6) | (10.2) | (24.0) | (9.9) | (22.6) | (27.4) | (29.1) | (27.5) | (32.2) | (31.1) | (26.6) | (27.8) | (36.5) | (28.5) | (25.7) | (22.4) | (16.9) | (15.9) | (16.9) | (15.8) | (11.5) | (10.5) | (8.2) | (6.4) | (2.1) |
| EBIT | (25.2) | (19.0) | (19.0) | (19.0) | (15.9) | (12.4) | (17.7) | (12.6) | (15.2) | (7.8) | (10.0) | (10.4) | (25.0) | (10.3) | (23.0) | (27.8) | (29.5) | (28.0) | (32.6) | (31.4) | (26.9) | (28.1) | (36.8) | (28.8) | (26.0) | (22.7) | (17.1) | (16.1) | (17.1) | (16.0) | (11.6) | (10.5) | (8.2) | (6.4) | (2.1) |
| Income Before Tax | (25.2) | (19.0) | (19.0) | (19.0) | (15.9) | (12.4) | (17.7) | (12.7) | (15.2) | (7.9) | (10.1) | (10.5) | (25.0) | (10.3) | (23.0) | (28.1) | (29.8) | (28.2) | (32.6) | (31.4) | (26.9) | (28.1) | (36.8) | (28.8) | (26.0) | (22.7) | (17.1) | (16.1) | (17.1) | (16.0) | (11.6) | (10.5) | (8.2) | (6.4) | (2.1) |
| Income Tax Expense | 0 | 0.3 | 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 | 0 |
| Net Income | (25.2) | (19.2) | (19.0) | (20.0) | (15.9) | (12.4) | (17.7) | (12.7) | (15.2) | (7.9) | (10.1) | (10.5) | (25.0) | (10.3) | (23.0) | (28.1) | (29.8) | (28.2) | (32.6) | (31.4) | (26.9) | (28.1) | (36.8) | (28.8) | (26.0) | (22.7) | (17.1) | (16.1) | (17.1) | (16.0) | (11.6) | (10.5) | (8.2) | (6.4) | (2.1) |
| Per Share Data | |||||||||||||||||||||||||||||||||||
| EPS (Basic) | -1.34 | -1.03 | -1.02 | -1.07 | -0.93 | -0.84 | -1.20 | -4.34 | -1.82 | -2.36 | -0.68 | 18.35 | -6.80 | -6.86 | -6.30 | -7.70 | -8.19 | -7.76 | -8.97 | -8.84 | -7.76 | -8.76 | -12.11 | -9.58 | -9.26 | -8.60 | -6.79 | -8.01 | -8.59 | -8.08 | -5.86 | -5.29 | -5.26 | -3.23 | -1.06 |
| EPS (Diluted) | -1.34 | -1.03 | -1.02 | -1.07 | -0.93 | -0.84 | -1.20 | -4.34 | -1.82 | -2.36 | -0.68 | 18.29 | -6.80 | -6.86 | -6.30 | -7.70 | -8.19 | -7.76 | -8.97 | -8.84 | -7.76 | -8.76 | -12.11 | -9.58 | -9.26 | -8.60 | -6.79 | -8.01 | -8.59 | -8.08 | -5.86 | -5.29 | -5.26 | -3.23 | -1.06 |
| Shares Outstanding | 18.8 | 18.3 | 18.7 | 18.7 | 17.2 | 14.8 | 14.7 | 14.7 | 3.7 | 3.7 | 3.7 | 3.7 | 3.7 | 3.6 | 3.6 | 3.6 | 3.6 | 3.6 | 3.6 | 3.6 | 3.5 | 3.2 | 3.0 | 3.0 | 2.8 | 2.6 | 2.5 | 2.0 | 2.0 | 2.0 | 2.0 | 2.0 | 2.0 | 2.0 | 2.0 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | |||||||||||||||||||||||||||||||||
| Cash & Cash Equivalents | 236.9 | 253.8 | 268.4 | 287.4 | 306.2 | 141.2 | 159.1 | 185.1 | 90.8 | 28.8 | 6.3 | 125.0 | 72.3 | 36.0 | 116.5 | 132.4 | 161.7 | 28.1 | 201.4 | 226.4 | 233.0 | 259.7 | 219.5 | 244.4 | 257.7 | 187.0 | 206.4 | 90.3 | 108.5 | 126.3 | 138.6 | 155.0 | 57.9 |
| Short-Term Investments | 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 Receivables | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.3 | 0.3 | 0 | 3.0 | 3.0 | 2.8 | 0 | 2.7 | 2.3 | 2.7 | 2.6 | 2.4 | 2.1 | 2.2 | 2.1 | 2.1 | 1.7 | 1.5 | 1.5 | 0 | 0 | 0 |
| Inventory | 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 Current Assets | 3.0 | 3.6 | 4.8 | 3.5 | 3.4 | 5.6 | 3.5 | 2.3 | 0.6 | 2.1 | 1.0 | 0.8 | 0.8 | 1.1 | 0.8 | 0.6 | 0.8 | 0.6 | 0.5 | 0.5 | 0.4 | 0.3 | 1.2 | 1.0 | 1.0 | 0.6 | 0.2 | 0.3 | 0.5 | 0.8 | 0.9 | 0.3 | 0.2 |
| Total Current Assets | 239.9 | 257.4 | 273.2 | 290.8 | 309.6 | 146.9 | 162.6 | 187.4 | 91.8 | 30.9 | 7.3 | 128.8 | 77.3 | 37.0 | 126.2 | 142.1 | 170.9 | 28.6 | 211.7 | 233.5 | 242.1 | 267.2 | 229.0 | 251.0 | 265.3 | 195.7 | 213.7 | 98.2 | 113.7 | 130.0 | 140.1 | 156.1 | 58.5 |
| Non-Current Assets | |||||||||||||||||||||||||||||||||
| Property, Plant & Equipment | 5.5 | 2.6 | 2.7 | 3.6 | 4.5 | 5.3 | 5.3 | 5.9 | 0.1 | 7.2 | 7.8 | 4.6 | 5.4 | 9.6 | 3.2 | 3.6 | 3.9 | 3.7 | 4.2 | 4.0 | 2.9 | 3.1 | 3.3 | 3.6 | 3.4 | 3.7 | 2.7 | 2.7 | 2.9 | 2.6 | 2.3 | 2.0 | 0.6 |
| 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 | 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 | 0 | 0 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.4 | 0 | 0 | 0.4 | 0.3 | 0 | 0 | 0.5 | 0.5 | 0 | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 | 0.2 | 0.3 | 0.5 | 0.5 | 0 | 0 | 0.5 | 0 | 0 | 0 |
| Other Non-Current Assets | 1.1 | 1.1 | 1.1 | 0.9 | 0.7 | 0.7 | 0.8 | 0.6 | 0 | 1.3 | 0.6 | 0.0 | 0.0 | 0.6 | 0.0 | 0.1 | 0.1 | 0.6 | 0.1 | 0.1 | 0.4 | 0.4 | 0.5 | 0.7 | 0.7 | 0.6 | 0.3 | 1.1 | 0.8 | 0.3 | 0.9 | 0.5 | 1.1 |
| Total Non-Current Assets | 6.7 | 3.7 | 3.8 | 4.5 | 5.2 | 6.0 | 6.1 | 6.5 | 0.5 | 8.5 | 8.5 | 5.0 | 5.8 | 10.2 | 3.3 | 4.2 | 4.4 | 4.3 | 4.8 | 4.6 | 3.8 | 4.0 | 4.3 | 4.5 | 4.4 | 4.8 | 3.5 | 3.8 | 3.7 | 3.5 | 3.2 | 2.6 | 1.7 |
| Total Assets | 246.6 | 261.0 | 277.0 | 295.3 | 314.8 | 152.9 | 168.7 | 193.9 | 92.3 | 39.4 | 15.8 | 133.8 | 83.0 | 47.2 | 129.5 | 146.2 | 175.3 | 32.9 | 216.5 | 238.1 | 245.9 | 271.2 | 233.3 | 255.6 | 269.7 | 200.5 | 217.2 | 102.0 | 117.4 | 133.5 | 143.3 | 158.7 | 60.2 |
| Current Liabilities | |||||||||||||||||||||||||||||||||
| Account Payables | 2.6 | 1.1 | 1.5 | 2.8 | 6.3 | 1.0 | 2.6 | 4.1 | 0.2 | 0.4 | 4.6 | 1.1 | 0.6 | 0.6 | 1.8 | 0.0 | 4.0 | 1.8 | 3.0 | 2.0 | 2.7 | 2.7 | 2.3 | 2.6 | 2.1 | 3.9 | 1.4 | 2.6 | 3.5 | 2.8 | 1.6 | 4.2 | 2.1 |
| Short-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.2 | 0 | 0 | 2.2 | 2.6 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0.2 | 0.2 | 0 | 0.3 | 0.3 | 0.2 | 0 | 0.2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 1.5 | 4.1 | 3.3 | 2.4 | 1.6 | 3.6 | 3.9 | 3.6 | 0.5 | 33.4 | 2.8 | 4.7 | 8.8 | 2.7 | 9.0 | 7.3 | 8.6 | 1.8 | 13.3 | 9.6 | 6.4 | 7.5 | 16.8 | 9.1 | 8.7 | 7.0 | 5.6 | 4.1 | 5.0 | 5.2 | 2.5 | 4.6 | 2.5 |
| Total Current Liabilities | 13.0 | 9.7 | 9.4 | 11.4 | 13.5 | 11.6 | 17.3 | 26.0 | 3.5 | 40.9 | 12.0 | 11.7 | 14.3 | 7.8 | 16.2 | 12.8 | 17.1 | 4.1 | 22.8 | 17.0 | 12.8 | 16.6 | 25.1 | 15.4 | 12.8 | 14.0 | 9.9 | 8.8 | 9.9 | 10.6 | 5.4 | 9.6 | 5.1 |
| Non-Current Liabilities | |||||||||||||||||||||||||||||||||
| Long-Term Debt | 3.2 | 0.0 | 0.1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 15.4 | 0 | 15.2 | 15.1 | 15.0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 80.6 | 80.6 | 0 | 0 | 80.7 | 0.0 | 0.0 | 0.0 | 43.0 | 0.1 | 0.1 | 0.2 | 0.3 | 0.3 | 0.4 | 0.4 | 0.5 | 0.5 | 0.6 | 0.6 | 0.7 | 0.7 | 0.8 | 1.2 |
| Total Non-Current Liabilities | 3.2 | 0.0 | 0.1 | 0.2 | 0.3 | 0.5 | 1.0 | 1.5 | 2.0 | 83.1 | 83.6 | 0.1 | 15.7 | 85.0 | 15.2 | 15.1 | 15.1 | 43.7 | 0.1 | 0.1 | 0.2 | 0.3 | 0.3 | 0.4 | 0.4 | 0.5 | 0.5 | 0.6 | 0.6 | 0.7 | 0.7 | 0.8 | 1.2 |
| Total Liabilities | 16.2 | 9.7 | 9.5 | 11.5 | 13.8 | 12.1 | 18.4 | 27.5 | 3.5 | 124.0 | 95.6 | 11.8 | 30.0 | 92.9 | 31.4 | 27.9 | 32.2 | 47.8 | 22.9 | 17.1 | 13.0 | 16.9 | 25.4 | 15.8 | 13.2 | 14.5 | 10.4 | 9.4 | 10.6 | 11.3 | 6.2 | 10.4 | 6.2 |
| Stockholders' Equity | |||||||||||||||||||||||||||||||||
| Common Stock | 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 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Retained Earnings | (248.0) | (222.7) | (203.5) | (184.5) | (164.5) | (148.6) | (136.2) | (118.5) | (484.1) | (90.6) | (82.7) | (446.9) | (514.4) | (47.8) | (464.4) | (441.4) | (413.4) | (15.6) | (355.3) | (322.7) | (291.3) | (264.4) | (236.3) | (199.5) | (170.7) | (144.7) | (122.0) | (104.9) | (88.8) | (71.7) | (55.7) | (44.1) | (33.6) |
| Accumulated Other Comprehensive Income | 0 | (0.1) | (0.1) | (0.0) | 0.0 | 0.0 | (0.1) | (0.1) | (0.1) | (0.0) | 0 | 0 | (45.7) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Stockholders' Equity | 230.4 | 251.3 | 267.5 | 283.8 | 301.0 | 140.8 | 150.4 | 166.4 | 88.8 | (84.6) | (79.8) | 122.0 | 53.0 | (45.7) | 98.1 | 118.3 | 143.2 | (15.0) | 193.6 | 221.0 | 232.9 | 254.3 | 207.9 | 239.8 | 256.5 | 186.0 | 206.8 | 92.6 | 106.8 | 122.2 | 137.1 | 148.3 | 54.0 |
| Total Liabilities & Equity | 246.6 | 261.0 | 277.0 | 295.3 | 314.8 | 152.9 | 168.7 | 193.9 | 92.3 | 39.4 | 15.8 | 133.8 | 83.0 | 47.2 | 129.5 | 146.2 | 175.3 | 32.9 | 216.5 | 238.1 | 245.9 | 271.2 | 233.3 | 255.6 | 269.7 | 200.5 | 217.2 | 102.0 | 117.4 | 133.5 | 143.3 | 158.7 | 60.2 |
| Debt Metrics | |||||||||||||||||||||||||||||||||
| Total Debt | 4.6 | 1.3 | 1.2 | 1.9 | 2.6 | 3.3 | 3.0 | 3.4 | 4.1 | 4.3 | 4.8 | 2.4 | 18.3 | 5.8 | 15.2 | 15.1 | 15.0 | 1.1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Debt | (232.3) | (252.5) | (267.2) | (285.4) | (303.6) | (137.9) | (156.1) | (181.7) | (86.6) | (24.4) | (1.6) | (122.6) | (54.0) | (30.2) | (101.3) | (117.3) | (146.6) | (27.0) | (201.4) | (226.4) | (233.0) | (259.7) | (219.5) | (244.4) | (257.7) | (187.0) | (206.4) | (90.3) | (108.5) | (126.3) | (138.6) | (155.0) | (57.9) |
| 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 Q3 | 2018 Q2 | 2018 Q1 | 2017 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||||||||||||||||||||||
| Net Income | (25.2) | (35.1) | (19.0) | (35.9) | (15.9) | (12.4) | (17.7) | (12.7) | (15.2) | (7.9) | (10.1) | (10.5) | (25.0) | (10.3) | (23.0) | (28.1) | (29.8) | (28.2) | (32.6) | (31.4) | (26.9) | (28.1) | (36.8) | (28.8) | (26.0) | (22.7) | (17.1) | (16.1) | (17.1) | (16.0) | (11.6) | (10.5) | (8.2) | (2.1) |
| Depreciation & Amortization | 0.3 | 0.7 | 0.3 | 0.7 | 0.4 | 0.5 | 0.4 | 0.3 | 0.4 | 0.4 | 0.4 | 0.2 | 0.9 | 0.3 | 0.3 | 0.4 | 0.4 | 0.4 | 0.4 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.1 | 0.0 | 0.0 | 0.0 |
| Stock-Based Compensation | 3.2 | 5.1 | 2.8 | 4.7 | 2.1 | 1.1 | 1.6 | 0.4 | 0.3 | 0.3 | 0.3 | 0 | 0 | 0.3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Working Capital | 2.8 | 0.9 | (2.6) | 1.8 | (0.2) | (5.6) | (4.3) | (3.3) | 2.9 | (3.8) | 0.6 | 1.4 | 1.1 | 1.6 | 3.5 | (4.7) | (2.0) | (2.2) | 2.3 | 6.5 | (5.3) | (6.8) | 6.8 | 3.7 | 0.5 | 2.0 | 1.8 | (3.7) | (2.2) | 3.4 | (1.0) | 0.6 | 1.3 | (0.1) |
| Other Non-Cash Items | 0.5 | 14.0 | 0.6 | 14.0 | 0.5 | (0.5) | 0.3 | 1.8 | 2.4 | (0.7) | 0.3 | 8.6 | 2.6 | 0.3 | 2.7 | 3.3 | 3.4 | 4.1 | 5.1 | 4.6 | 4.6 | 4.1 | 4.8 | 3.8 | 2.8 | 1.8 | 1.8 | 1.6 | 1.4 | 1.0 | 0.5 | 1.6 | 0.9 | 0.2 |
| Operating Cash Flow | (18.4) | (14.5) | (17.8) | (14.7) | (13.1) | (16.8) | (19.6) | (13.4) | (9.3) | (11.7) | (8.5) | (0.3) | (20.3) | (7.8) | (16.4) | (29.1) | (28.0) | (25.9) | (24.8) | (20.0) | (27.3) | (30.5) | (24.9) | (21.0) | (22.4) | (18.6) | (13.4) | (18.0) | (17.7) | (11.4) | (12.0) | (8.2) | (6.0) | (2.0) |
| Investing Activities | ||||||||||||||||||||||||||||||||||
| Capital Expenditure | (0.0) | (0.0) | (0.2) | (0.0) | (0.0) | (0.0) | (0.2) | 0.0 | (0.0) | (0.1) | (0.0) | (0.2) | (0.0) | (0.3) | (0.1) | (0.1) | (0.0) | (0.8) | (0.3) | (1.2) | (0.1) | (0.1) | (0.0) | (0.5) | (0.6) | (0.8) | (0.1) | (0.4) | (0.3) | (0.5) | (0.9) | (0.2) | (0.3) | (0.1) |
| Acquisitions | 0 | 0.1 | 0 | 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 |
| Purchases of Investments | 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 | 0.3 | 0 | 0 | 0 | 0 |
| Sales/Maturities of Investments | 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 |
| Other Investing Activities | 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 | (0.3) | 0 | 0 | 0 |
| Investing Cash Flow | (0.0) | 0.0 | (0.2) | 0.1 | (0.0) | (0.0) | (0.2) | 0.0 | (0.0) | (0.1) | (0.0) | (0.2) | (0.0) | (0.3) | (0.1) | (0.1) | (0.0) | (0.8) | (0.3) | (1.2) | (0.1) | (0.1) | (0.0) | (0.5) | (0.6) | (0.8) | (0.1) | (0.4) | (0.3) | (0.2) | (1.2) | (0.1) | (0.3) | (0.1) |
| Financing Activities | ||||||||||||||||||||||||||||||||||
| Net Debt Issuance | (0.1) | (0.1) | (0.1) | (0.1) | (0.1) | (0.1) | (0.1) | (0.1) | (0.1) | (0.1) | (0.1) | (0.3) | (0.1) | (0.1) | 0 | 0 | 0 | 14.9 | 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 | 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 | 0 |
| Other Financing Activities | (0.4) | (0.5) | (0.3) | (0.1) | 1.0 | (1.9) | (6.2) | 85.3 | (0.6) | 34.1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.1 | (0.1) | 0 | (8.1) | 8.1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Financing Cash Flow | 0.8 | (0.1) | (0.5) | (4.2) | 178.1 | (1.1) | (6.3) | 179.7 | (0.7) | 34.1 | (0.1) | (0.3) | 0.1 | (0.1) | 0.1 | 0.0 | 0.1 | 14.9 | 0.0 | 14.6 | 0.8 | 70.7 | 0.1 | 8.2 | 93.7 | 0.0 | 129.5 | 0.2 | 0.3 | (0.1) | (3.3) | 105.5 | 58.2 | 3.5 |
| Cash Position | ||||||||||||||||||||||||||||||||||
| Net Change in Cash | (17.5) | (14.6) | (18.5) | (18.9) | 165.0 | (17.9) | (26.0) | 166.4 | 62.0 | (77.4) | (18.8) | 52.6 | (20.5) | (8.2) | (15.9) | (29.3) | (27.9) | (11.8) | (25.1) | (6.6) | (26.7) | 40.1 | (24.8) | (13.3) | 70.7 | (19.3) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash at Beginning | 254.4 | 269.5 | 288.0 | 306.8 | 141.8 | 159.7 | 185.1 | 19.3 | 28.8 | 106.1 | 125.0 | 72.3 | 92.8 | 44.8 | 132.4 | 161.7 | 189.6 | 201.4 | 226.4 | 233.0 | 259.7 | 219.5 | 244.4 | 257.7 | 187.0 | 206.4 | 90.3 | 108.5 | 126.3 | 138.6 | 155.0 | 57.9 | 0 | 0 |
| Cash at End | 236.9 | 254.9 | 269.5 | 288.0 | 306.8 | 141.8 | 159.1 | 185.7 | 90.8 | 28.8 | 106.1 | 125.0 | 72.3 | 36.6 | 116.5 | 132.4 | 161.7 | 189.6 | 201.4 | 226.4 | 233.0 | 259.7 | 219.5 | 244.4 | 257.7 | 187.0 | 206.4 | 90.3 | 108.5 | 126.3 | 138.6 | 155.0 | 57.9 | 0 |
| Free Cash Flow | (18.4) | (14.5) | (18.0) | (14.7) | (13.1) | (16.8) | (19.8) | (13.4) | (9.3) | (11.7) | (8.5) | (0.5) | (20.3) | (8.1) | (16.5) | (29.3) | (28.0) | (26.7) | (25.1) | (21.2) | (27.5) | (30.6) | (24.9) | (21.5) | (23.0) | (19.3) | (13.5) | (18.4) | (18.1) | (11.9) | (12.9) | (8.4) | (6.2) | (2.1) |
| 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 | 2017 Q3 | 2017 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||||||||||||||||||||||||||
| Revenue | 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 |
| Gross Profit | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (0.9) | 0 | (0.3) | (0.4) | (0.4) | (0.4) | (0.4) | (0.3) | (0.3) | (0.3) | (0.3) | (0.3) | (0.3) | (0.2) | (0.2) | (0.2) | (0.2) | (0.2) | (0.1) | (0.0) | (0.0) | (0.0) | (0.0) |
| Operating Income | (27.3) | (21.5) | (21.9) | (22.3) | (18.3) | (14.0) | (19.6) | (11.4) | (13.0) | (9.4) | (10.1) | (10.6) | (25.2) | (10.3) | (23.0) | (27.8) | (29.4) | (28.0) | (32.6) | (31.4) | (26.9) | (28.1) | (36.7) | (28.9) | (26.6) | (23.4) | (18.1) | (16.6) | (17.7) | (16.7) | (12.2) | (9.5) | (7.8) | (6.4) | (2.0) |
| Net Income | (25.2) | (19.2) | (19.0) | (20.0) | (15.9) | (12.4) | (17.7) | (12.7) | (15.2) | (7.9) | (10.1) | (10.5) | (25.0) | (10.3) | (23.0) | (28.1) | (29.8) | (28.2) | (32.6) | (31.4) | (26.9) | (28.1) | (36.8) | (28.8) | (26.0) | (22.7) | (17.1) | (16.1) | (17.1) | (16.0) | (11.6) | (10.5) | (8.2) | (6.4) | (2.1) |
| EPS (Diluted) | -1.34 | -1.03 | -1.02 | -1.07 | -0.93 | -0.84 | -1.20 | -4.34 | -1.82 | -2.36 | -0.68 | 18.29 | -6.80 | -6.86 | -6.30 | -7.70 | -8.19 | -7.76 | -8.97 | -8.84 | -7.76 | -8.76 | -12.11 | -9.58 | -9.26 | -8.60 | -6.79 | -8.01 | -8.59 | -8.08 | -5.86 | -5.29 | -5.26 | -3.23 | -1.06 |
| Balance Sheet | |||||||||||||||||||||||||||||||||||
| Cash & Equivalents | 236.9 | 253.8 | 268.4 | 287.4 | 306.2 | 141.2 | 159.1 | 185.1 | 90.8 | 28.8 | 6.3 | 125.0 | 72.3 | 36.0 | 116.5 | 132.4 | 161.7 | 28.1 | 201.4 | 226.4 | 233.0 | 259.7 | 219.5 | 244.4 | 257.7 | 187.0 | 206.4 | 90.3 | 108.5 | 126.3 | 138.6 | 155.0 | 57.9 | ||
| Total Assets | 246.6 | 261.0 | 277.0 | 295.3 | 314.8 | 152.9 | 168.7 | 193.9 | 92.3 | 39.4 | 15.8 | 133.8 | 83.0 | 47.2 | 129.5 | 146.2 | 175.3 | 32.9 | 216.5 | 238.1 | 245.9 | 271.2 | 233.3 | 255.6 | 269.7 | 200.5 | 217.2 | 102.0 | 117.4 | 133.5 | 143.3 | 158.7 | 60.2 | ||
| Total Debt | 4.6 | 1.3 | 1.2 | 1.9 | 2.6 | 3.3 | 3.0 | 3.4 | 4.1 | 4.3 | 4.8 | 2.4 | 18.3 | 5.8 | 15.2 | 15.1 | 15.0 | 1.1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Stockholders' Equity | 230.4 | 251.3 | 267.5 | 283.8 | 301.0 | 140.8 | 150.4 | 166.4 | 88.8 | (84.6) | (79.8) | 122.0 | 53.0 | (45.7) | 98.1 | 118.3 | 143.2 | (15.0) | 193.6 | 221.0 | 232.9 | 254.3 | 207.9 | 239.8 | 256.5 | 186.0 | 206.8 | 92.6 | 106.8 | 122.2 | 137.1 | 148.3 | 54.0 | ||
| Cash Flow | |||||||||||||||||||||||||||||||||||
| Operating Cash Flow | (18.4) | (14.5) | (17.8) | (14.7) | (13.1) | (16.8) | (19.6) | (13.4) | (9.3) | (11.7) | (8.5) | (0.3) | (20.3) | (7.8) | (16.4) | (29.1) | (28.0) | (25.9) | (24.8) | (20.0) | (27.3) | (30.5) | (24.9) | (21.0) | (22.4) | (18.6) | (13.4) | (18.0) | (17.7) | (11.4) | (12.0) | (8.2) | (6.0) | (2.0) | |
| Capital Expenditure | (0.0) | (0.0) | (0.2) | (0.0) | (0.0) | (0.0) | (0.2) | 0.0 | (0.0) | (0.1) | (0.0) | (0.2) | (0.0) | (0.3) | (0.1) | (0.1) | (0.0) | (0.8) | (0.3) | (1.2) | (0.1) | (0.1) | (0.0) | (0.5) | (0.6) | (0.8) | (0.1) | (0.4) | (0.3) | (0.5) | (0.9) | (0.2) | (0.3) | (0.1) | |
| Free Cash Flow | (18.4) | (14.5) | (18.0) | (14.7) | (13.1) | (16.8) | (19.8) | (13.4) | (9.3) | (11.7) | (8.5) | (0.5) | (20.3) | (8.1) | (16.5) | (29.3) | (28.0) | (26.7) | (25.1) | (21.2) | (27.5) | (30.6) | (24.9) | (21.5) | (23.0) | (19.3) | (13.5) | (18.4) | (18.1) | (11.9) | (12.9) | (8.4) | (6.2) | (2.1) | |