Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.
Outlined bar is the consensus estimate; solid is reported.
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 % |
|---|---|---|---|---|---|---|
| Q3 23 | -$0.28 | -$0.08 | +71.4% | — | $117K | — |
| Q2 23 | -$0.53 | -$0.4 | +24.5% | — | $253K | — |
| Q1 23 | -$0.78 | -$0.75 | +3.8% | — | $0 | — |
| Q4 22 | -$0.51 | -$1 | -96.1% | — | $252K | — |
| Q3 22 | -$1.2 | -$0.94 | +21.7% | — | — | — |
| Q2 22 | -$1.5 | -$1.2 | +20.0% | — | — | — |
| Q1 22 | -$1.2 | -$1.2 | 0.0% | — | — | — |
| Q4 21 | -$1.4 | -$1.2 | +14.3% | — | — | — |
| Q3 21 | -$1.4 | -$1.4 | 0.0% | — | — | — |
| Q2 21 | -$1.53 | -$1.6 | -4.6% | — | — | — |
| Q1 21 | -$1.67 | -$1.6 | +4.2% | — | — | — |
| Q4 20 | -$2.07 | -$2 | +3.4% | — | — | — |
| Q3 20 | -$1.65 | -$2 | -21.2% | — | — | — |
| Q2 20 | -$2.75 | -$1.6 | +41.8% | — | — | — |
| Q1 20 | -$3.4 | -$4 | -17.6% | — | — | — |
| Q4 19 | -$3.94 | -$3.6 | +8.6% | — | — | — |
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 % |
|---|---|---|---|---|---|---|
| FY23 | — | — | — | — | $651K | — |
| FY22 | — | $5.73 | — | — | $0 | — |
| FY21 | — | -$5.86 | — | — | $2.8M | — |
| FY20 | — | -$9.4 | — | — | $5.4M | — |
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 |
|---|---|---|---|---|
| Revenue | $5.4M | $2.8M | $0 | $651K |
| YoY change | — | -48% | -100% | +InfinityT% |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | Q4 22 | Q1 23 | Q2 23 | Q3 23 | Q4 23 |
|---|---|---|---|---|---|
| Revenue | $252K | $0 | $253K | $117K | $281K |
| YoY change | — | — | — | — | +11.5% |
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 |
|---|---|---|---|---|
| Revenue | 5.4M | 2.8M | 0 | 651K |
| Cost of revenue | 6M | 3.8M | 2.6M | — |
| Gross profit | -616K | -935K | -820K | — |
| Gross margin | -11.4% | -33.2% | — | — |
| Research & development | 4M | 4.1M | 3.3M | 5.5M |
| Selling, general & administrative | 36.3M | 30.9M | 17M | 12M |
| Operating expenses | 40.3M | 35M | 20.4M | 17.5M |
| Operating income | -41M | -36M | -20.4M | -16.9M |
| Operating margin | -756.3% | -1.3K% | — | -2.6K% |
| Non-operating income, net | — | — | 79.1M | — |
| Pretax income | -40.4M | -35.1M | 59.1M | -10.3M |
| Income tax | 4K | 5K | 13K | 0 |
| Net income | -40.4M | -35.1M | 47.8M | -18.4M |
| Net margin | -745.6% | -1.2K% | — | -2.8K% |
| EBITDA | -35.2M | -30.8M | -17.2M | -9.8M |
| EPS | -9.4 | -5.86 | 5.73 | — |
| Diluted EPS | -9.4 | -5.86 | 5.72 | — |
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | Q4 22 | Q1 23 | Q2 23 | Q3 23 | Q4 23 |
|---|---|---|---|---|---|
| Revenue | 252K | 0 | 253K | 117K | 281K |
| Cost of revenue | 362K | — | — | — | — |
| Gross profit | -110K | — | — | — | — |
| Gross margin | -43.7% | — | — | — | — |
| Research & development | 1M | 1M | 1.6M | 1.2M | 1.8M |
| Selling, general & administrative | 6.3M | 4.3M | 2.7M | 2.2M | 2.8M |
| Operating expenses | 7.3M | 5.3M | 4.2M | 3.4M | 4.6M |
| Operating income | -7.4M | -5.3M | -4M | -3.3M | -4.3M |
| Operating margin | -2.9K% | — | -1.6K% | -2.8K% | -1.5K% |
| Non-operating income, net | -47K | — | — | — | — |
| Pretax income | -7.5M | 64K | -4.4M | -1.4M | -4.5M |
| Income tax | -1K | — | 3K | 2K | -5K |
| Net income | -7.5M | -8.2M | -4.4M | -1.4M | -4.5M |
| Net margin | -3K% | — | -1.7K% | -1.2K% | -1.6K% |
| EBITDA | -6.9M | 445K | -3.9M | -1.4M | -4.5M |
| EPS | -1 | -0.75 | -0.4 | -0.08 | — |
| Diluted EPS | -1 | -0.75 | -0.4 | -0.08 | — |
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 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 |
|---|---|---|---|---|---|---|
| Cash & short-term investments | 105.7M | 66.1M | 42.9M | 46.6M | 15.8M | 9.4M |
| Receivables | 49K | 432K | 635K | 160K | 309K | — |
| Inventory | 854K | 3.3M | 1.6M | 1.1M | 1.2M | — |
| Total current assets | 108M | 71.7M | 46.8M | 50.5M | 24.6M | 11.6M |
| Property, plant & equipment | 11.5M | 18.5M | 18.8M | 20.2M | 13.9M | — |
| Goodwill & intangibles | — | — | — | 0 | 17.6M | 17.6M |
| Total assets | 120.5M | 91.4M | 66.3M | 77.9M | 47.5M | 20.4M |
| Accounts payable | 2.1M | 1.7M | 2.7M | 2.1M | 1.3M | 1.3M |
| Short-term debt | 8.6M | 5.6M | 9.9M | 9.9M | 5.4M | — |
| Total current liabilities | 11.4M | 13.6M | 17.6M | 18.5M | 13.8M | 4.5M |
| Long-term debt | 3.4M | 24.2M | 15.7M | 8.8M | 3M | — |
| Total liabilities | 14.8M | 132.8M | 122M | 113.8M | 25.7M | 6.3M |
| Shareholders' equity | -344.9M | -41.4M | -55.8M | -35.9M | 21.8M | 14.1M |
| Total debt | 12M | 29.8M | 25.6M | 18.6M | 8.3M | — |
| Net debt | -76M | 15.1M | -1.7M | 11M | -7M | — |
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 | Q3 23 | Q4 23 |
|---|---|---|---|---|---|
| Cash & short-term investments | 15.8M | 13.4M | 7.4M | 13.4M | 9.4M |
| Receivables | 309K | — | — | — | — |
| Inventory | 1.2M | — | — | — | — |
| Total current assets | 24.6M | 17.4M | 8.8M | 14.4M | 11.6M |
| Property, plant & equipment | 13.9M | 0 | — | — | — |
| Goodwill & intangibles | 17.6M | 17.6M | 17.6M | 17.6M | 17.6M |
| Total assets | 47.5M | 26.3M | 17.7M | 23.3M | 20.4M |
| Accounts payable | 1.3M | 1.4M | 1.2M | 1M | 1.3M |
| Short-term debt | 5.4M | 3.4M | — | — | — |
| Total current liabilities | 13.8M | 9.5M | 4.2M | 3.6M | 4.5M |
| Long-term debt | 3M | — | — | — | — |
| Total liabilities | 25.7M | 12.1M | 7.3M | 5M | 6.3M |
| Shareholders' equity | 21.8M | 14.2M | 10.4M | 18.3M | 14.1M |
| Total debt | 8.3M | 3.4M | — | — | — |
| Net debt | -7M | -10M | — | — | — |
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 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | Current |
|---|---|---|---|---|---|---|---|
| Market cap | — | — | 105.7M | — | — | — | 20M |
| Enterprise value | — | — | 88.4M | — | — | — | 0 |
| Shares outstanding | — | — | 4.3M | 6M | 7.4M | — | — |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | Current |
|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | 0.14 |
| P/S | — | — | 19.5 | — | — | — | 30.7 |
| P/B | — | — | -1.9 | — | — | — | — |
| EV/EBITDA | — | — | -2.51 | — | — | — | 0 |
| EV/Sales | — | — | 16.3 | — | — | — | 0 |
| Earnings yield | — | — | — | — | — | — | 732.1% |
| FCF yield | — | — | -38.2% | — | — | — | -92% |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | Current |
|---|---|---|---|---|---|---|---|
| Gross margin | — | — | -11.4% | -33.2% | — | — | — |
| Operating margin | — | — | -756.3% | -1.3K% | — | -2.6K% | -1.6K% |
| Net margin | — | — | -745.6% | -1.2K% | — | -2.8K% | -2.8K% |
| ROE | — | — | 72.4% | 97.8% | 218.9% | -130.4% | -130.4% |
| ROA | — | — | -60.9% | -45.1% | 100.6% | -90.2% | -90.2% |
| ROIC | — | — | 56.1% | 56.3% | -141.6% | -357.5% | -357.5% |
| Return on tangible assets | — | — | -60.9% | -45.1% | 160% | -667.3% | -667.3% |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | Current |
|---|---|---|---|---|---|---|---|
| Current ratio | — | — | 2.66 | 2.73 | 1.78 | 2.56 | 2.56 |
| Quick ratio | — | — | 2.56 | 2.67 | 1.7 | 2.56 | 2.56 |
| Debt / equity | — | — | -0.46 | -0.52 | 0.38 | — | 0 |
| Debt / assets | — | — | 0.39 | 0.24 | 0.18 | — | — |
| Net debt / EBITDA | — | — | 0.49 | 0.91 | 0.43 | — | — |
| Interest coverage | — | — | -11.2 | -14.3 | 54 | -75.8 | -16.9 |
| Effective tax rate | — | — | 0% | 0% | 0.02% | 0% | 0% |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | Current |
|---|---|---|---|---|---|---|---|
| Revenue per share | — | — | 1.27 | 0.47 | 0 | — | — |
| EPS (basic) | — | — | -9.4 | -5.86 | 5.73 | — | — |
| EPS (diluted) | — | — | -9.4 | -5.86 | 5.72 | — | — |
| Book value per share | — | — | -13.1 | -5.99 | 2.95 | — | — |
| FCF per share | — | — | -9.47 | -5.31 | -3.89 | — | -1.09 |
| Cash per share | — | — | 10.1 | 7.78 | 2.14 | — | — |
| Capex per share | — | — | 0.44 | 0.3 | 0.05 | — | — |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | Current |
|---|---|---|---|---|---|---|---|
| Capex / revenue | — | — | 34.3% | 64.8% | — | 15.4% | 15.4% |
| Capex / operating cash flow | — | — | -4.73% | -6.09% | -1.11% | -0.53% | -0.53% |
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 |
|---|---|---|---|---|
| Net income | -40.4M | -35.1M | 47.8M | -18.4M |
| Depreciation & amortization | 1.9M | 2M | 1.6M | 311K |
| Stock-based compensation | 4.4M | 4.6M | 2.9M | 1.7M |
| Change in working capital | -2.3M | 1M | -76K | -653K |
| Operating cash flow | -39.2M | -30M | -32.7M | -18.8M |
| Capital expenditure | -1.9M | -1.8M | -364K | -100K |
| Investing cash flow | 34.1M | -26.1M | 36.5M | -528K |
| Dividends paid | — | — | — | — |
| Share repurchases | — | 0 | -315K | 0 |
| Financing cash flow | 16.6M | 41.2M | -581K | 3.4M |
| Net change in cash | 11.5M | -14.9M | 3.1M | -15.9M |
| Free cash flow | -40.4M | -31.8M | -28.7M | -17.6M |
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 | Q4 22 | Q1 23 | Q2 23 | Q3 23 | Q4 23 |
|---|---|---|---|---|---|
| Net income | -7.5M | -8.2M | -4.4M | -1.4M | -4.5M |
| Depreciation & amortization | 342K | 262K | 49K | 0 | 0 |
| Stock-based compensation | 652K | 569K | 471K | 378K | 311K |
| Change in working capital | 441K | 195K | -1.1M | -14K | 63K |
| Operating cash flow | -6M | -8.2M | -5.7M | -993K | -4.2M |
| Capital expenditure | -48K | -100K | 0 | 0 | 0 |
| Investing cash flow | 2.7M | 400K | 0 | 0 | -3.7M |
| Dividends paid | — | — | — | — | — |
| Share repurchases | — | — | — | — | — |
| Financing cash flow | 5.6M | -2.1M | -3.3M | 0 | -68K |
| Net change in cash | 2.3M | -9.9M | -9M | -993K | -7.9M |
| Free cash flow | -5.5M | -5.3M | -5.3M | -3M | -3.9M |