Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.
Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.
Periods without a consensus estimate or a reported figure show a dash.
| Period | EPS estimate | EPS actual | EPS surprise % | Revenue estimate | Revenue actual | Revenue surprise % |
|---|---|---|---|---|---|---|
| FY25 | — | -$38.8 | — | — | $274M | — |
| FY24 | — | -$120.5 | — | — | $273.3M | — |
| FY23 | — | -$194 | — | — | $205.5M | — |
| FY22 | — | -$303.3 | — | — | $179.6M | — |
| FY21 | — | -$43.9 | — | — | $205.2M | — |
| FY20 | — | -$8.55 | — | — | $169.1M | — |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|
| Revenue | $169.1M | $205.2M | $179.6M | $205.5M | $273.3M | $274M |
| YoY change | — | +21.3% | -12.5% | +14.4% | +33% | +0.26% |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | Q1 22 | Q2 22 | Q3 22 | Q4 22 | Q1 23 | Q2 23 | Q3 23 |
|---|
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|
| Revenue | 169.1M | 205.2M | 179.6M | 205.5M | 273.3M | 274M |
| Cost of revenue | 141.3M | 168.7M | 135.7M | 154M | 195.7M | 187.9M |
| Gross profit | 27.8M | 36.5M | 43.9M | 51.5M | 77.6M | 86.2M |
| Gross margin | 16.5% | 17.8% | 24.5% | 25% | 28.4% | 31.4% |
| Research & development | 7.8M | 233.7K | 0 | 0 | — | — |
| Selling, general & administrative | 107.7M | 125.9M | 113M | 183.8M | 139.2M | 305.8M |
| Operating expenses | 124.6M | 150.1M | 123.6M | 191.1M | 147.2M | 311.2M |
| Operating income | -96.7M | -113.6M | -80M | -139.6M | -69.5M | -225M |
| Operating margin | -57.2% | -55.4% | -44.5% | -67.9% | -25.4% | -82.1% |
| Non-operating income, net | -12.1M | -321.4M | -8.8M | -7.7M | -66.8M | -85.9M |
| Pretax income | -115.8M | -457.9M | -119.1M | -157M | -149.8M | -323.3M |
| Income tax | -1.4M | 816.9K | 3.1M | 5M | 7.1M | 14.7M |
| Net income | -114.4M | -458.7M | -122.2M | -162M | -157M | -338M |
| Net margin | -67.7% | -223.6% | -68.1% | -78.8% | -57.4% | -123.3% |
| EBITDA | -88M | -369M | -74.4M | -130.5M | -59.7M | -250.7M |
| EPS | -8.55 | -43.9 | -303.3 | -194 | -120.5 | -38.8 |
| Diluted EPS | -8.55 | -43.9 | -303.3 | -194 | -120.5 | -38.8 |
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | Q1 22 | Q2 22 | Q3 22 | Q4 22 | Q1 23 | Q2 23 | Q3 23 | Q4 23 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 36.9M | 29.9M | 66.4M | 46.4M | 43M | 46.4M | 77.7M | 5.4M |
| Cost of revenue | 28.2M | 25.1M | 50.1M | 32.2M | 32.1M | 33.9M | 57M | 4.4M |
| Gross profit | 8.7M | 4.8M | 16.2M | 14.2M | 10.9M | 12.5M | 20.7M | 1M |
| Gross margin | 23.5% | 16.1% | 24.5% | 30.6% | 25.3% | 27% | 26.7% | 19.1% |
| Research & development | — | — | 0 | 0 | — | — | 502.2K | -70.4K |
| Selling, general & administrative | 16.9M | 58.3M | 22.8M | 15.3M | 19.2M | 12M | 18.2M | 18.8M |
| Operating expenses | 21.9M | 60.8M | 23.9M | 17.3M | 20.7M | 13.5M | 20.3M | 19.1M |
| Operating income | -13.3M | -56M | -7.6M | -3.1M | -9.8M | -968.4K | 390.2K | -18.1M |
| Operating margin | -36% | -187.3% | -11.5% | -6.65% | -22.8% | -2.09% | 0.5% | -336.8% |
| Non-operating income, net | 1.2M | 5.3M | 901K | -15.6M | 12.8M | 270.7K | -170K | -2.9M |
| Pretax income | -30M | -53.7M | -12.3M | -23.1M | -183.2K | -5.9M | -5.3M | -20.4M |
| Income tax | -406.2K | 284.4K | -1.5K | 3.2M | 829.8K | 2M | 1.6M | 86.3K |
| Net income | -29.6M | -54M | -12.3M | -26.4M | -1M | -7.9M | -6.8M | -20.5M |
| Net margin | -80.2% | -180.5% | -18.6% | -56.8% | -2.36% | -17.1% | -8.78% | -381% |
| EBITDA | -11.1M | -54.9M | -6.5M | -3.4M | -8.5M | 545.4K | 744.2K | -17.9M |
| EPS | -2.78 | — | -2.05 | — | -1.6 | — | -54.6 | — |
| Diluted EPS | -2.78 | — | -2.05 | — | -1.6 | — | -54.6 | — |
Annual history by fiscal year; click a table row below to chart a different metric.
Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Market cap | — | — | — | 93.5M | — | — | — |
| Enterprise value | — | — | — | 92.1M | — | — | — |
| Shares outstanding | 138.4M | 138.4M | 761.9K | 801.1K | 2.3M | 10.3M | 10.3M |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| P/S | — | — | — | 0.46 | — | — | — |
| P/B | — | — | — | 1.54 | — | — | — |
| EV/EBITDA | — | — | — | -0.71 | — | — | — |
| EV/Sales | — | — | — | 0.45 | — | — | — |
| FCF yield | — | — | — | -95.7% | — | — | — |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Gross margin | 16.5% | 17.8% | 24.5% | 25% | 28.4% | 31.4% | 31.4% |
| Operating margin | -57.2% | -55.4% | -44.5% | -67.9% | -25.4% | -82.1% | -82.1% |
| Net margin | -67.7% | -223.6% | -68.1% | -78.8% | -57.4% | -123.3% | -123.3% |
| ROE | 17.6% | 38.7% | 8.22% | -267% | -190.8% | -61.3% | -61.3% |
| ROA | -87.5% | -200.7% | -47.9% | -37.3% | -32.4% | -24.2% | -24.2% |
| ROIC | 19.8% | 10.8% | 6.12% | -235.7% | -83% | -22.1% | -22.1% |
| Return on tangible assets | -134.8% | -252.7% | -66.8% | -48.4% | -38.3% | -24.5% | -24.5% |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Current ratio | 0.49 | 0.67 | 0.59 | 1.14 | 1.02 | 0.88 | 0.88 |
| Quick ratio | 0.47 | 0.62 | 0.57 | 1.1 | 1 | 0.86 | 0.86 |
| Debt / equity | -0.29 | -0.12 | -0.14 | 2.99 | 2.34 | 1.12 | 1.12 |
| Debt / assets | 1.44 | 0.63 | 0.81 | 0.42 | 0.4 | 0.44 | 0.44 |
| Net debt / EBITDA | -1.86 | -0.35 | -2.42 | 0.01 | -0.02 | -1.86 | -1.86 |
| Interest coverage | -15.6 | -19 | -2.86 | -11.9 | -7.95 | -14.8 | -14.8 |
| Effective tax rate | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Revenue per share | 1.22 | 1.48 | 235.7 | 256.5 | 119.4 | 26.5 | 26.5 |
| EPS (basic) | -8.55 | -43.9 | -303.3 | -194 | -120.5 | -38.8 | -38.8 |
| EPS (diluted) | -8.55 | -43.9 | -303.3 | -194 | -120.5 | -38.8 | -38.8 |
| Book value per share | -4.71 | -8.57 | -2K | 75.7 | 36 | 53.3 | 53.3 |
| FCF per share | -0.36 | -0.66 | -48.9 | -111.8 | -49.5 | -71.3 | -71.3 |
| Cash per share | 0.18 | 0.1 | 35.2 | 228.3 | 83.5 | 14.6 | 14.6 |
| Capex per share | 0 | 0 | 0.25 | — | — | — | — |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Capex / revenue | 0.33% | 0.08% | 0.11% | — | — | — | — |
| Capex / operating cash flow | -0.56% | -0.04% | -0.18% | — | — | — | — |
| Q4 23 |
|---|
| Revenue | $36.9M | $29.9M | $66.4M | $46.4M | $43M | $46.4M | $77.7M | $5.4M |
| YoY change | — | — | — | — | +16.6% | +55.3% | +17% | -88.4% |
What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.
Click a row to chart it; unreported figures show a dash.
| Period | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|
| Cash & short-term investments | 24.5M | 13.5M | 26.8M | 182.9M | 191M | 151.5M |
| Receivables | 10.5M | 11.6M | 26.9M | 29.5M | 33.1M | 41.6M |
| Inventory | 5M | 9.6M | 6.1M | 10M | 4.7M | 8.2M |
| Total current assets | 97.7M | 119.5M | 155.6M | 320.5M | 377.1M | 585.1M |
| Property, plant & equipment | 1.1M | -562.4K | 6.6M | 6.8M | 5.7M | 8.9M |
| Goodwill & intangibles | 45.9M | 47M | 72.4M | 99.7M | 75.1M | 13.2M |
| Total assets | 130.8M | 228.5M | 255.4M | 434.3M | 485.2M | 1.4B |
| Accounts payable | 14.9M | 18.5M | 17M | 20.8M | 24.3M | 25.5M |
| Short-term debt | 131.8M | 85.7M | 120.2M | 103.5M | 174.3M | 454.4M |
| Total current liabilities | 198.3M | 177M | 261.8M | 281.4M | 370.6M | 668M |
| Long-term debt | 56.3M | 58.5M | 86.5M | 78M | 18.1M | 164.3M |
| Total liabilities | 782.7M | 1.4B | 1.7B | 373.7M | 402.9M | 844M |
| Shareholders' equity | -651.9M | -1.2B | -1.5B | 60.7M | 82.3M | 551.6M |
| Total debt | 188.2M | 144.3M | 206.7M | 181.5M | 192.5M | 618.7M |
| Net debt | 163.7M | 130.8M | 179.9M | 102.7M | 131.5M | 597.6M |
What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.
Click a row to chart it; unreported figures show a dash.
| Period | Q4 22 | Q1 23 | Q2 23 | Q4 23 |
|---|---|---|---|---|
| Cash & short-term investments | 26.8M | 18.1M | 22.3M | 25.6M |
| Receivables | 26.9M | 20.6M | 22.9M | 4.1M |
| Inventory | 6.1M | 5.1M | 6.3M | 1.4M |
| Total current assets | 155.6M | 131.8M | 166.4M | 44.9M |
| Property, plant & equipment | 6.6M | 7.9M | 7.4M | 949.6K |
| Goodwill & intangibles | 72.4M | 71.1M | 69.7M | 14M |
| Total assets | 255.4M | 240.9M | 280.3M | 60.9M |
| Accounts payable | 17M | 13.6M | 19.3M | 2.9M |
| Short-term debt | 120.2M | 132M | 146.7M | 14.5M |
| Total current liabilities | 261.8M | 265.1M | 302.3M | 39.5M |
| Long-term debt | 86.5M | 81.2M | 96.6M | 10.9M |
| Total liabilities | 1.7B | 1.7B | 1.9B | 52.4M |
| Shareholders' equity | -1.5B | -1.5B | -1.6B | 8.5M |
| Total debt | 206.7M | 213.1M | 243.3M | 25.4M |
| Net debt | 179.9M | 195M | 221.1M | 14.4M |
Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.
Click a row to chart it; unreported figures show a dash.
| Period | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|
| Net income | -114.4M | -458.7M | -122.2M | -162M | -157M | -338M |
| Depreciation & amortization | 6.3M | 5.1M | 3.5M | 6.1M | 4.7M | 1.8M |
| Stock-based compensation | — | 0 | 39M | 83.9M | 19.1M | 218.3M |
| Change in working capital | 10M | -5.2M | -44.1M | -8M | -25.2M | -16.5M |
| Operating cash flow | -98.4M | -444.3M | -105.4M | -89.4M | -112.9M | -277.6M |
| Capital expenditure | -550K | -156.3K | -191.6K | — | — | — |
| Investing cash flow | -13M | -8.4M | -444.6K | -135M | -10.6M | 0 |
| Dividends paid | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — |
| Financing cash flow | 27.5M | 66.6M | 37.4M | 156.2M | 79.8M | 620.8M |
| Net change in cash | -83.9M | -386.1M | -68.5M | -68.2M | -43.7M | 343.2M |
| Free cash flow | -49.3M | -91.6M | -37.3M | -89.6M | -113.3M | -737.4M |
Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.
Click a row to chart it; unreported figures show a dash.
| Period | Q1 22 | Q2 22 | Q1 23 | Q2 23 |
|---|---|---|---|---|
| Net income | -29.6M | -54M | -1M | -7.9M |
| Depreciation & amortization | 1.1M | 986.4K | 709.4K | 709.2K |
| Stock-based compensation | 0 | 34.5M | 1.6M | 1.6M |
| Change in working capital | 3.3M | -6M | -6.5M | 3.5M |
| Operating cash flow | -9.9M | -24.2M | -5.6M | -3.3M |
| Capital expenditure | -62.4K | -114.1K | -146.4K | -13.2K |
| Investing cash flow | 89K | 881.4K | -2.8M | -5.6M |
| Dividends paid | — | — | — | — |
| Share repurchases | — | — | — | — |
| Financing cash flow | -3.1M | 7.2M | 3M | 14.2M |
| Net change in cash | -12.9M | -16.1M | -5.4M | 5.3M |
| Free cash flow | -9.2M | -10M | -12.2M | -12.7M |