Overview
- Q4 revenue reached $57.67 million versus $52.36 million expected, with an adjusted loss of $0.38 per share topping forecasts for a $0.47 loss.
- Management guided 2026 revenue to $420 million to $450 million, bracketing Wall Street’s roughly $440 million consensus.
- On a GAAP basis, the quarter showed a $0.26 EPS loss, a $41.06 million net loss, and an operating deficit of about $86 million.
- Liquidity remained substantial at quarter end with $792.97 million in cash and about $100 million in short‑term investments.
- Shares rose roughly 6% in after-hours trading to about $24.30–$24.44, as analysts maintained a largely positive stance with around 63% Buy ratings and a consensus price target near $38, though many still project operating losses through 2026 and positive operating cash flow around 2028.