| Quarter | Call date | Disclosure | Financial quality | Kept | Missed | |
|---|---|---|---|---|---|---|
| Q4'26 | August 19, 2026 | 6/12 | 2 high, 4 medium, 2 low flags | 4 | 0 | Call sheet → |
| Marked | Status | Promise |
|---|---|---|
| Q4'26 | Delivered | There will be a further step up to 16% [interest rate on the L1 debt] CFO confirmed the first-lien rate is now around 16%, as flagged last quarter, though this is a negative development (higher cost of capital), not a positive 'delivery.' |
| Q4'26 | Delivered | OPEX to be roughly flat quarter over quarter OpEx came in at $62M vs $61M prior quarter, essentially flat (+1.6%). |
| Q4'26 | Delivered | We expect non-GAAP gross margin to remain negative in the fourth quarter Q4 non-GAAP gross margin was -19.9%, consistent with guidance. |
| Q4'26 | Delivered | During the fourth quarter of fiscal year 26, we are targeting revenues between $140 and $160 million Actual Q4 revenue came in at $150 million, squarely at the midpoint. |
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