VELO - Velo3D, Inc.
Price:
--
--
|
CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$23.33
DETAILS
HIGH:
$33.00
LOW:
$17.00
MEDIAN:
$20.00
CONSENSUS:
$23.33
UPSIDE:
100.95%
| Metric | 2026 Q2 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||||||||||||||||
| Revenue | 20.7 | 13.8 | 9.4 | 13.6 | 13.6 | 9.3 | 12.6 | 8.2 | 10.3 | 9.8 | 1.7 | 23.8 | 25.1 | 26.8 | 29.8 | 19.1 | 19.6 | 12.2 | 10.4 | 8.7 | 7.1 | 1.2 | 6.7 | 2.3 | 3.6 | 6.4 |
| Cost of Revenue | 16.2 | 11.4 | 16.4 | 13.2 | 15.2 | 8.6 | 13.1 | 4.2 | 13.2 | 12.6 | 35.3 | 22.3 | 22.2 | 23.9 | 28.0 | 19.2 | 18.4 | 12.2 | 8.7 | 7.2 | 5.0 | 1.6 | 4.4 | 1.8 | 2.0 | 4.5 |
| Gross Profit | 4.4 | 2.4 | (6.9) | 0.4 | (1.6) | 0.7 | (0.4) | 4.1 | (2.9) | (2.8) | (33.7) | 1.5 | 3.0 | 2.9 | 1.8 | (0.1) | 1.2 | 0.0 | 1.7 | 1.5 | 2.2 | (0.4) | 2.4 | 0.5 | 1.6 | 1.9 |
| Operating Expenses | ||||||||||||||||||||||||||
| R&D Expenses | 4.3 | 2.7 | 10,645.9 | 3.0 | 2.8 | 1.2 | 3.1 | 4.4 | 4.5 | 5.0 | 9.2 | 9.8 | 12.5 | 10.5 | 7.8 | 12.6 | 13.0 | 12.9 | 7.9 | 8.0 | 6.4 | 4.7 | 3.3 | 4.0 | 3.2 | 3.7 |
| SG&A Expenses | 11.2 | 6.6 | 10.8 | 8.0 | 7.7 | 11.4 | 18.1 | 18.4 | 13.1 | 13.6 | 15.3 | 16.9 | 16.2 | 16.5 | 15.8 | 15.3 | 14.5 | 15.3 | 12.8 | 8.5 | 7.6 | 6.8 | 2.9 | 3.5 | 3.1 | 3.9 |
| Other Expenses | 0 | 0 | (10,643.4) | 0 | 0 | 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 | 15.5 | 9.3 | 13.3 | 11.1 | 10.5 | 12.6 | 21.2 | 22.8 | 17.6 | 18.6 | 24.5 | 26.7 | 28.7 | 27.0 | 23.7 | 27.8 | 27.5 | 28.2 | 20.8 | 16.5 | 14.0 | 11.5 | 6.2 | 7.5 | 6.3 | 7.6 |
| Operating Income | ||||||||||||||||||||||||||
| Operating Income | (11.1) | (6.9) | (20.3) | (10.6) | (12.1) | (11.9) | (21.6) | (18.7) | (20.5) | (21.4) | (58.2) | (25.2) | (25.7) | (24.1) | (21.9) | (28.0) | (26.2) | (28.2) | (19.1) | (15.0) | (11.8) | (11.9) | (3.8) | (7.0) | (4.7) | (5.6) |
| Interest Expense | 0.2 | 0.7 | 0.5 | 1.2 | 1.6 | 1.1 | 0 | 3.6 | 5.5 | 3.9 | 8.1 | 1.1 | 0.3 | 0.2 | 0.0 | 0.1 | 0.1 | 0.1 | 1.1 | 1.0 | 0.5 | 0.1 | 0.4 | 0.0 | 0.1 | 0.1 |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profitability | ||||||||||||||||||||||||||
| EBITDA | (10.3) | (6.2) | (19.4) | (9.9) | (10.4) | (24.3) | (25.3) | (29.9) | 6.6 | (23.0) | (45.5) | (16.3) | (21.4) | (34.5) | 24.6 | (73.8) | 129.1 | (64.2) | (17.3) | (65.0) | (11.7) | (13.1) | (3.4) | (6.7) | (4.5) | (5.4) |
| EBIT | (11.1) | (6.9) | (20.3) | (10.6) | (12.1) | (24.3) | (26.3) | (33.8) | 5.3 | (24.4) | (50.3) | (16.3) | (22.9) | (36.1) | 22.6 | (75.1) | 128.0 | (65.2) | (19.1) | (65.6) | (12.0) | (13.4) | (3.8) | (7.1) | (4.7) | (5.6) |
| Income Before Tax | (11.5) | (7.0) | (20.3) | (11.8) | (13.7) | (25.4) | (22.0) | (22.9) | (0.2) | (28.3) | (58.3) | (17.4) | (23.2) | (24.1) | 22.6 | (75.2) | 128.0 | (65.3) | (14.4) | (66.6) | (12.5) | (13.5) | (4.2) | (7.1) | (4.8) | (5.7) |
| Income Tax Expense | (0.0) | 0.0 | 0.0 | (0.0) | 0.1 | 0.0 | (0.0) | 0 | (0.0) | 0.0 | 0 | 0 | 0 | 12.2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Income | (11.5) | (7.0) | (20.4) | (11.8) | (13.8) | (25.4) | (22.0) | (22.9) | (0.2) | (28.3) | (58.3) | (17.4) | (23.2) | (36.3) | 22.6 | (75.2) | 128.0 | (65.3) | (14.4) | (66.6) | (12.5) | (13.5) | (4.2) | (7.1) | (4.8) | (5.7) |
| Per Share Data | ||||||||||||||||||||||||||
| EPS (Basic) | -0.39 | -0.28 | -1.03 | -0.69 | -0.94 | -1.87 | -12.37 | -37.54 | -0.30 | -57.11 | -141.81 | -0.09 | -62.81 | -100.58 | 63.70 | -212.75 | 364.52 | -186.95 | -41.34 | -1765.87 | -407.58 | -443.35 | -51.32 | -233.15 | -131.87 | -165.68 |
| EPS (Diluted) | -0.39 | -0.28 | -1.03 | -0.69 | -0.94 | -1.87 | -12.37 | -37.54 | -0.30 | -57.11 | -141.81 | -0.09 | -62.81 | -100.58 | 58.61 | -212.75 | 332.01 | -186.95 | -41.34 | -1765.87 | -407.58 | -443.35 | -51.32 | -233.15 | -131.87 | -165.68 |
| Shares Outstanding | 29.4 | 25.0 | 21.3 | 17.1 | 14.0 | 13.4 | 1.7 | 0.6 | 0.6 | 0.5 | 0.4 | 197.8 | 0.4 | 0.4 | 0.4 | 0.4 | 0.4 | 0.3 | 0.3 | 0.0 | 0.0 | 0.0 | 0.1 | 0.0 | 0.0 | 0.0 |
| Metric | 2026 Q2 | 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 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | ||||||||||||||||||||||||
| Cash & Cash Equivalents | 91.1 | 16.6 | 39.0 | 11.8 | 0.9 | 3.9 | 1.2 | 1.6 | 2.5 | 7.8 | 24.5 | 58.1 | 28.9 | 37.1 | 32.0 | 40.3 | 43.5 | 104.4 | 207.6 | 296.8 | 11.9 | 15.5 | 15.5 | 9.8 |
| Short-Term Investments | 0 | 0 | 1.7 | 0 | 0 | 0 | 0 | 0 | 0.7 | 3.2 | 6.6 | 13.5 | 18.5 | 26.9 | 48.2 | 72.5 | 98.3 | 81.7 | 15.5 | 0 | 0 | 0 | 0 | 0 |
| Net Receivables | 20.5 | 12.3 | 8.3 | 10.1 | 5.4 | 4.6 | 4.2 | 10.2 | 17.2 | 21.6 | 22.2 | 28.5 | 29.5 | 22.4 | 14.6 | 23.3 | 12.2 | 11.6 | 13.1 | 8.1 | 4.0 | 4.3 | 4.3 | 0 |
| Inventory | 27.6 | 28.1 | 27.1 | 35.4 | 38.4 | 46.1 | 0 | 62.0 | 59.5 | 62.8 | 60.8 | 81.2 | 78.0 | 73.9 | 71.2 | 69.3 | 61.9 | 42.8 | 22.5 | 15.2 | 8.6 | 7.3 | 7.3 | 0 |
| Other Current Assets | 3.0 | 8.2 | 2.8 | 1.8 | 4.2 | 7.2 | 52.3 | 6.0 | 2.1 | 3.1 | 4 | 2.0 | 2.9 | 4.6 | 5.5 | 1.9 | 6.7 | 9.4 | 5.3 | 1.0 | 1.4 | 0.5 | 0.5 | (9.8) |
| Total Current Assets | 156.1 | 65.2 | 79.0 | 59.2 | 48.9 | 61.8 | 57.7 | 79.8 | 82.2 | 98.3 | 118.1 | 183.8 | 157.8 | 164.9 | 172.9 | 210.1 | 222.6 | 250.0 | 268.1 | 329.2 | 27.1 | 27.9 | 27.9 | 0 |
| Non-Current Assets | ||||||||||||||||||||||||
| Property, Plant & Equipment | 17.2 | 17.4 | 14.7 | 15.4 | 18.2 | 13.7 | 0 | 13.2 | 27.9 | 31.0 | 33.7 | 36.0 | 26.0 | 25.7 | 28.9 | 27.3 | 25.8 | 22.0 | 18.4 | 12.7 | 10.3 | 1.6 | 3.9 | 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 |
| 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 |
| Long-Term Investments | 4.0 | 0.6 | 0.6 | 2.6 | 0 | 0 | 3.3 | 0 | 0.8 | 0.8 | 0.8 | 5.7 | 18,456.5 | 7.1 | 7.4 | 0 | 0.8 | 0.8 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 22.9 | 9.2 | 11.0 | 16.7 | 11.4 | 15.9 | 28.1 | 17.8 | 5.7 | 6.0 | 1.2 | 4.4 | (18,433.5) | 16.0 | 16.0 | 20.1 | 14.1 | 14.6 | 16.2 | 5.9 | 2.8 | 3.2 | 0.9 | 0 |
| Total Non-Current Assets | 44.0 | 27.2 | 26.4 | 34.7 | 29.7 | 29.6 | 31.5 | 31.0 | 34.5 | 37.8 | 35.7 | 46.2 | 49.0 | 48.8 | 52.2 | 47.4 | 40.8 | 37.4 | 34.6 | 18.6 | 13.1 | 4.8 | 4.8 | 0 |
| Total Assets | 200.1 | 92.4 | 105.3 | 93.9 | 78.6 | 91.4 | 89.2 | 110.8 | 116.7 | 136.1 | 153.8 | 230.0 | 206.8 | 213.7 | 225.1 | 257.5 | 263.4 | 287.5 | 302.7 | 347.8 | 40.2 | 32.7 | 32.7 | 0 |
| Current Liabilities | ||||||||||||||||||||||||
| Account Payables | 5.2 | 9.1 | 10.3 | 11.3 | 14.9 | 16.4 | 18.5 | 17.7 | 14.0 | 15.6 | 15.9 | 13.1 | 17.6 | 10.6 | 12.2 | 14.1 | 15.7 | 19.6 | 9.9 | 33.3 | 6.5 | 1.2 | 1.2 | 0 |
| Short-Term Debt | 3.2 | 3.1 | 6.3 | 5.3 | 16.9 | 16.2 | 5.7 | 29.6 | 24.6 | 34.3 | 21.2 | 52.2 | 3.0 | 2.7 | 2.8 | 2.0 | 5.1 | 5.1 | 5.1 | 13.7 | 6.1 | 4.2 | 3.7 | 0 |
| Deferred Revenue | 0 | 10.7 | 11.5 | 15.8 | 0 | 0 | 10.3 | 0 | 4.1 | 4.7 | 5.1 | 4.8 | 5.8 | 10.6 | 15.2 | 26.0 | 16.2 | 19.4 | 22.3 | 17.1 | 0 | 4.7 | 4.7 | 0 |
| Other Current Liabilities | 16.2 | 0 | 0 | 0.1 | 11.0 | 11.4 | 0 | 16.1 | 0 | 0 | 0 | 17.5 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 11.9 | 0.8 | 0 | 0 |
| Total Current Liabilities | 24.6 | 26.6 | 33.8 | 37.6 | 42.7 | 43.9 | 38 | 63.4 | 48.6 | 60.9 | 48.7 | 98.9 | 35.7 | 37.7 | 46.1 | 61.8 | 53.5 | 56.2 | 46.7 | 70.7 | 27.8 | 12.1 | 12.1 | 0 |
| Non-Current Liabilities | ||||||||||||||||||||||||
| Long-Term Debt | 0 | 6.0 | 24.7 | 17.7 | 0 | 0 | 0 | 0 | 0 | 2.0 | 11.9 | 0 | 19.4 | 9.8 | 5.4 | 4.4 | 1.9 | 2.4 | 3.0 | 14.3 | 17.8 | 4.3 | 4.3 | 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 |
| Other Non-Current Liabilities | 29.0 | 1.6 | 1.6 | 1.0 | 14.3 | 14.6 | 3.0 | 12.7 | 6.6 | 18.1 | 14.7 | 17.6 | 30.1 | 32.7 | 20.6 | 65.2 | 17.5 | 170.7 | 133.5 | 139.3 | 0.4 | (11.9) | 123.8 | (1.0) |
| Total Non-Current Liabilities | 29.0 | 14.2 | 33.4 | 26.2 | 14.3 | 14.6 | 11.5 | 12.7 | 16.0 | 29.8 | 36.8 | 28.1 | 60.5 | 54.1 | 38.2 | 82.8 | 27.3 | 181.6 | 145.6 | 154.9 | 19.2 | 4.7 | 128.4 | (1.0) |
| Total Liabilities | 53.6 | 40.9 | 67.2 | 63.7 | 57.0 | 58.5 | 49.5 | 76.1 | 64.5 | 90.7 | 85.5 | 127.0 | 96.2 | 91.8 | 84.3 | 144.6 | 80.8 | 237.9 | 192.3 | 225.6 | 47.0 | 16.8 | 140.5 | (1.0) |
| 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 |
| Retained Earnings | (516.7) | (505.1) | (498.1) | (481.3) | (469.5) | (455.7) | (426.8) | (408.4) | (385.5) | (385.4) | (357.0) | (296.6) | (279.2) | (256.0) | (219.8) | (242.5) | (167.3) | (295.2) | (229.9) | (215.4) | (148.9) | (122.8) | (122.8) | 0 |
| Accumulated Other Comprehensive Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (0.0) | (0.0) | (0.1) | (0.3) | (0.4) | (0.5) | (0.8) | (1.1) | (1.0) | (0.6) | (0.0) | (347.8) | 0 | 0 | (123.7) | (100.8) |
| Total Stockholders' Equity | 146.5 | 51.5 | 38.2 | 30.2 | 21.5 | 32.9 | 39.7 | 34.7 | 52.1 | 45.5 | 68.3 | 103.0 | 110.6 | 121.9 | 140.8 | 112.9 | 182.6 | 49.6 | 110.4 | 122.2 | (6.8) | 15.9 | (107.8) | 1.0 |
| Total Liabilities & Equity | 200.1 | 92.4 | 105.3 | 93.9 | 78.6 | 91.4 | 89.2 | 110.8 | 116.7 | 136.1 | 153.8 | 230.0 | 206.8 | 213.7 | 225.1 | 257.5 | 263.4 | 287.5 | 302.7 | 347.8 | 40.2 | 32.7 | 32.7 | 0 |
| Debt Metrics | ||||||||||||||||||||||||
| Total Debt | 3.2 | 17.8 | 40.2 | 32.5 | 16.9 | 16.2 | 15.9 | 29.6 | 35.9 | 48.2 | 45.6 | 65.1 | 35.8 | 26.5 | 22.8 | 22.2 | 17.5 | 18.7 | 19.5 | 30.0 | 25.5 | 8.7 | 8.7 | 0 |
| Net Debt | (87.9) | 1.3 | 1.2 | 20.7 | 16.1 | 12.3 | 14.7 | 28.0 | 33.5 | 40.4 | 21.1 | 6.9 | 6.9 | (10.6) | (9.1) | (18.2) | (26) | (85.7) | (188.1) | (266.9) | 13.5 | (6.8) | (6.8) | (9.8) |
| Metric | 2026 Q2 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||||||||||||||
| Net Income | (11.5) | (7.0) | (20.4) | (11.8) | (14.2) | (25.0) | (22.0) | (23.1) | (0.2) | (28.3) | (58.3) | (19.5) | (23.2) | (36.3) | 22.6 | (75.2) | 127.9 | (65.3) | (14.4) | (66.6) | (12.5) | (13.5) | (4.2) | (7.1) | (4.8) | (5.7) |
| Depreciation & Amortization | 0.7 | 0.8 | 0.9 | 0.8 | 0.7 | 1.0 | 1.0 | 1.2 | (1.9) | 4.6 | 4.8 | 1.5 | 1.4 | 1.6 | 2.0 | 1.2 | 1.1 | 1.0 | 0.9 | 0.6 | 0.3 | 0.4 | 0.4 | 0.3 | 0.3 | 0.3 |
| Stock-Based Compensation | 2.5 | 1.9 | 0.4 | 2.6 | 2.9 | 3.6 | 2.3 | 3.7 | 4.2 | 5.1 | 5.4 | 6.7 | 6.5 | 6.2 | 5.1 | 5.2 | 5.0 | 5.0 | 2.6 | 0.7 | 0.8 | 0.3 | 0.2 | 0.5 | 0.4 | 0.4 |
| Change in Working Capital | (13.3) | (13.7) | 3.4 | 4.0 | 4.1 | (4.4) | 16.8 | 5.6 | 7.3 | (4.9) | 30.6 | (3.9) | (10.1) | (14.5) | (17.8) | (2.0) | (18.8) | (8.0) | (9.4) | (3.4) | 0.8 | 8.7 | (2.9) | 1.3 | (1.9) | (2.6) |
| Other Non-Cash Items | 0.1 | 0.1 | 8.0 | (1.6) | 5.3 | 12.5 | (0.4) | 10.6 | (17.5) | 3.1 | (7.0) | (7.2) | (2.6) | 12.2 | (43.7) | 47.5 | (153.9) | 37.2 | (4.9) | 50.5 | 0.2 | 1.5 | 0.0 | 1.5 | (3.7) | 0.9 |
| Operating Cash Flow | (21.6) | (18.0) | (7.7) | (6.0) | (1.2) | (12.3) | (2.2) | (2.0) | (8.0) | (20.5) | (24.5) | (22.3) | (27.9) | (30.8) | (31.8) | (23.4) | (38.7) | (30.1) | (25.1) | (18.2) | (10.4) | (2.6) | (6.6) | (3.5) | (9.7) | (6.7) |
| Investing Activities | ||||||||||||||||||||||||||
| Capital Expenditure | (3.5) | (0.9) | (0.6) | (0.3) | (1.8) | 0 | 0.0 | (0.0) | (0.0) | (0.0) | 0.8 | 0.3 | (3.8) | (0.5) | (3.0) | (5.3) | (5.4) | (5.8) | (9.6) | (2.8) | (2.2) | (3.4) | (0.2) | (0.8) | (2.0) | (0.4) |
| Acquisitions | 0 | 0 | 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 | (3.7) | 0 | 0 | 0 | 0 | 0 | (20.7) | (66.9) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Sales/Maturities of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.7 | 2.5 | 3.5 | 10.7 | 5.1 | 8.5 | 21.5 | 24.5 | 25.6 | 4 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Investing Activities | 0 | 0 | 0 | 0 | 0 | 0 | 1.1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (15.5) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investing Cash Flow | (3.5) | (0.9) | (0.6) | (0.3) | (1.8) | 0 | 1.1 | 0.7 | 2.5 | 3.5 | 7.8 | 5.5 | 4.6 | 21.0 | 21.5 | 20.3 | (22.1) | (72.7) | (25.1) | (2.8) | (2.2) | (3.4) | (0.2) | (0.8) | (2.0) | (0.4) |
| Financing Activities | ||||||||||||||||||||||||||
| Net Debt Issuance | 49.0 | (3.5) | 7.6 | (0.5) | 0 | 15 | 0.5 | (1.2) | (10.5) | 0 | (37.8) | 43.2 | 9.9 | 4.3 | 1.9 | (0.7) | (0.5) | (0.5) | (20.8) | 9.0 | 9.6 | 6.4 | 0.8 | 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 |
| 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 |
| Other Financing Activities | (5.4) | 0 | 7.8 | 17.8 | 0 | 0 | 0 | 10.7 | 10.7 | 0.3 | 0 | 0 | 0.0 | 0.3 | 0.0 | 0.7 | 0.4 | 0.2 | (19.8) | 298.2 | 0.2 | 0.0 | 0 | 0.7 | 34.4 | (0.2) |
| Financing Cash Flow | 103.0 | (3.5) | 35.5 | 17.3 | 0 | 15 | 0.5 | 0.5 | 0.2 | 0.3 | (17.0) | 46.1 | 15.0 | 15.0 | 1.9 | (0.0) | (0.1) | (0.4) | (40.7) | 307.2 | 9.9 | 6.4 | 0.7 | 0.7 | 34.4 | (0.2) |
| Cash Position | ||||||||||||||||||||||||||
| Net Change in Cash | 77.9 | (22.5) | 27.2 | 11.0 | (3.0) | 2.7 | (0.6) | (0.8) | (5.3) | (16.7) | (33.6) | 29.3 | (8.3) | 5.2 | (8.4) | (3.2) | (60.9) | (103.2) | (90.9) | 286.2 | (2.7) | 0.4 | (6.2) | (3.6) | 22.7 | (7.3) |
| Cash at Beginning | 17.2 | 39.6 | 12.5 | 1.5 | 4.5 | 1.8 | 2.4 | 3.3 | 8.6 | 25.3 | 58.1 | 28.9 | 37.9 | 32.8 | 41.1 | 44.3 | 105.2 | 208.4 | 299.3 | 13.1 | 15.9 | 15.5 | 21.7 | 25.3 | 2.5 | 9.8 |
| Cash at End | 95.1 | 17.2 | 39.6 | 12.5 | 1.5 | 4.5 | 1.8 | 2.4 | 3.3 | 8.6 | 24.5 | 58.1 | 29.7 | 37.9 | 32.8 | 41.1 | 44.3 | 105.2 | 208.4 | 299.3 | 13.1 | 15.9 | 15.5 | 21.7 | 25.3 | 2.5 |
| Free Cash Flow | (25.1) | (18.9) | (8.3) | (6.3) | (3.0) | (12.3) | (2.2) | (2.0) | (8.0) | (20.5) | (23.7) | (22.0) | (31.8) | (31.4) | (34.8) | (28.6) | (44.1) | (35.9) | (34.8) | (21.1) | (12.6) | (6.1) | (6.8) | (4.3) | (11.7) | (7.1) |
| Key Metrics | 2026 Q2 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||||||||||||||||||||
| Revenue | 20.7 | 13.8 | 9.4 | 13.6 | 13.6 | 9.3 | 12.6 | 8.2 | 10.3 | 9.8 | 1.7 | 23.8 | 25.1 | 26.8 | 29.8 | 19.1 | 19.6 | 12.2 | 10.4 | 8.7 | 7.1 | 1.2 | 6.7 | 2.3 | 3.6 | 6.4 |
| Gross Profit | 4.4 | 2.4 | (6.9) | 0.4 | (1.6) | 0.7 | (0.4) | 4.1 | (2.9) | (2.8) | (33.7) | 1.5 | 3.0 | 2.9 | 1.8 | (0.1) | 1.2 | 0.0 | 1.7 | 1.5 | 2.2 | (0.4) | 2.4 | 0.5 | 1.6 | 1.9 |
| Operating Income | (11.1) | (6.9) | (20.3) | (10.6) | (12.1) | (11.9) | (21.6) | (18.7) | (20.5) | (21.4) | (58.2) | (25.2) | (25.7) | (24.1) | (21.9) | (28.0) | (26.2) | (28.2) | (19.1) | (15.0) | (11.8) | (11.9) | (3.8) | (7.0) | (4.7) | (5.6) |
| Net Income | (11.5) | (7.0) | (20.4) | (11.8) | (13.8) | (25.4) | (22.0) | (22.9) | (0.2) | (28.3) | (58.3) | (17.4) | (23.2) | (36.3) | 22.6 | (75.2) | 128.0 | (65.3) | (14.4) | (66.6) | (12.5) | (13.5) | (4.2) | (7.1) | (4.8) | (5.7) |
| EPS (Diluted) | -0.39 | -0.28 | -1.03 | -0.69 | -0.94 | -1.87 | -12.37 | -37.54 | -0.30 | -57.11 | -141.81 | -0.09 | -62.81 | -100.58 | 58.61 | -212.75 | 332.01 | -186.95 | -41.34 | -1765.87 | -407.58 | -443.35 | -51.32 | -233.15 | -131.87 | -165.68 |
| Balance Sheet | ||||||||||||||||||||||||||
| Cash & Equivalents | 91.1 | 16.6 | 39.0 | 11.8 | 0.9 | 3.9 | 1.2 | 1.6 | 2.5 | 7.8 | 24.5 | 58.1 | 28.9 | 37.1 | 32.0 | 40.3 | 43.5 | 104.4 | 207.6 | 296.8 | 11.9 | 15.5 | 15.5 | 9.8 | ||
| Total Assets | 200.1 | 92.4 | 105.3 | 93.9 | 78.6 | 91.4 | 89.2 | 110.8 | 116.7 | 136.1 | 153.8 | 230.0 | 206.8 | 213.7 | 225.1 | 257.5 | 263.4 | 287.5 | 302.7 | 347.8 | 40.2 | 32.7 | 32.7 | 0 | ||
| Total Debt | 3.2 | 17.8 | 40.2 | 32.5 | 16.9 | 16.2 | 15.9 | 29.6 | 35.9 | 48.2 | 45.6 | 65.1 | 35.8 | 26.5 | 22.8 | 22.2 | 17.5 | 18.7 | 19.5 | 30.0 | 25.5 | 8.7 | 8.7 | 0 | ||
| Stockholders' Equity | 146.5 | 51.5 | 38.2 | 30.2 | 21.5 | 32.9 | 39.7 | 34.7 | 52.1 | 45.5 | 68.3 | 103.0 | 110.6 | 121.9 | 140.8 | 112.9 | 182.6 | 49.6 | 110.4 | 122.2 | (6.8) | 15.9 | (107.8) | 1.0 | ||
| Cash Flow | ||||||||||||||||||||||||||
| Operating Cash Flow | (21.6) | (18.0) | (7.7) | (6.0) | (1.2) | (12.3) | (2.2) | (2.0) | (8.0) | (20.5) | (24.5) | (22.3) | (27.9) | (30.8) | (31.8) | (23.4) | (38.7) | (30.1) | (25.1) | (18.2) | (10.4) | (2.6) | (6.6) | (3.5) | (9.7) | (6.7) |
| Capital Expenditure | (3.5) | (0.9) | (0.6) | (0.3) | (1.8) | 0 | 0.0 | (0.0) | (0.0) | (0.0) | 0.8 | 0.3 | (3.8) | (0.5) | (3.0) | (5.3) | (5.4) | (5.8) | (9.6) | (2.8) | (2.2) | (3.4) | (0.2) | (0.8) | (2.0) | (0.4) |
| Free Cash Flow | (25.1) | (18.9) | (8.3) | (6.3) | (3.0) | (12.3) | (2.2) | (2.0) | (8.0) | (20.5) | (23.7) | (22.0) | (31.8) | (31.4) | (34.8) | (28.6) | (44.1) | (35.9) | (34.8) | (21.1) | (12.6) | (6.1) | (6.8) | (4.3) | (11.7) | (7.1) |