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 % |
|---|---|---|---|---|---|---|
| Q4 22 | — | -$0.42 | — | — | — | — |
| Q3 22 | -$0.18 | -$0.21 | -16.7% | — | — | — |
| Q2 22 | — | -$0.16 | — | — | — | — |
| Q1 22 | -$0.11 | -$0.13 | -18.2% | — | — | — |
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 | — | -$0.98 | — | — | $31.6M | — |
| FY24 | — | -$1.91 | — | — | $110M | — |
| FY23 | — | -$1.13 | — | — | $107.4M | — |
| FY22 | — | -$0.39 | — | — | $26.4M | — |
| FY21 | — | -$3.46 | — | — | $33M | — |
| FY20 | — | -$0.21 | — | — | $47.4M | — |
| FY19 | — | -$0.25 | — | — | $19.1M | — |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|
| Revenue | $19.1M | $47.4M | $33M | $26.4M | $107.4M | $110M | $31.6M |
| YoY change | — | +148.2% | -30.3% | -20% | +306.3% | +2.45% | -71.3% |
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|
| Revenue | 19.1M | 47.4M | 33M | 26.4M | 107.4M | 110M | 31.6M |
| Cost of revenue | 22.2M | 45.5M | 35.3M | 30.9M | 110.3M | 90.6M | 47.8M |
| Gross profit | -3.1M | 1.8M | -2.3M | -4.5M | -2.9M | 19.4M | -16.3M |
| Gross margin | -16.4% | 3.85% | -6.89% | -16.9% | -2.69% | 17.7% | -51.6% |
| Research & development | 473K | 749K | 2M | 1.7M | 2.8M | 9M | 8.5M |
| Selling, general & administrative | 6.7M | 7.6M | 13.1M | 30.7M | 27.3M | 30.9M | 32M |
| Operating expenses | 6.5M | 10M | 18.5M | 31.1M | 40.3M | 27.2M | 39M |
| Operating income | -9.7M | -8.2M | -21M | -36.2M | -43.7M | -8.4M | -56.1M |
| Operating margin | -50.7% | -17.3% | -63.6% | -137% | -40.7% | -7.67% | -177.7% |
| Non-operating income, net | 3K | -1K | -63.7M | 20M | -11.7M | -72.7M | 42.9M |
| Pretax income | -10.6M | -10.3M | -87.2M | -16.3M | -58.2M | -97.5M | -55.4M |
| Income tax | 1.5M | -45K | 413K | 2.6M | -3.1M | 491K | -257K |
| Net income | -12.1M | -10.3M | -87.6M | -18.9M | -55.1M | -98M | -55.2M |
| Net margin | -63.1% | -21.7% | -265.3% | -71.5% | -51.3% | -89% | -174.9% |
| EBITDA | -9.1M | -6.5M | -83.3M | -31.6M | -38.7M | -1.7M | -45.1M |
| EPS | -0.25 | -0.21 | -3.46 | -0.39 | -1.13 | -1.91 | -0.98 |
| Diluted EPS | -0.25 | -0.21 | -3.46 | -0.39 | -1.13 | -1.91 | -0.98 |
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 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 21.5M | 9.3M | 18K | 101.8M | 34.4M | 29.2M | 22.9M | 7M |
| Receivables | 2.8M | 2.4M | 2.1M | 7.4M | 17.7M | 21.2M | 14.9M | 7.6M |
| Inventory | 17.2M | 35.5M | 21.6M | 13.1M | 53.1M | 39.1M | 63.7M | 51M |
| Total current assets | 42.3M | 49.3M | 25.3M | 127.2M | 105.3M | 89.5M | 115M | 66.6M |
| Property, plant & equipment | 3.9M | 5.6M | 7.8M | 9.7M | 16.5M | 13.1M | 9.6M | 10.7M |
| Goodwill & intangibles | 11.4M | 20.9M | 30.7M | 34.1M | 44.1M | 50.1M | 41.1M | 25.8M |
| Total assets | 50.4M | 63M | 45.3M | 151.2M | 139.4M | 124.4M | 145.2M | 90.2M |
| Accounts payable | 6.6M | 5.8M | 12.5M | 14M | 15.7M | 22M | 35M | 20.7M |
| Short-term debt | 131K | 236K | 905K | 8.1M | 842K | 14.8M | 14.5M | 6.3M |
| Total current liabilities | 31.5M | 44.1M | 23.5M | 30.4M | 42.4M | 60.3M | 61.8M | 85.6M |
| Long-term debt | 1.3M | 1.4M | 2M | 1.5M | 2.6M | 2.6M | 2.3M | 1.9M |
| Total liabilities | 36.7M | 61.3M | 53.9M | 54.3M | 58.7M | 90.5M | 188M | 101.1M |
| Shareholders' equity | 13.7M | 1.7M | -8.6M | 96.9M | 80.7M | 33.9M | -42.8M | -10.8M |
| Total debt | 1.4M | 1.6M | 2.9M | 9.6M | 3.5M | 17.3M | 16.8M | 8.2M |
| Net debt | -20.2M | -7.7M | 2.9M | -92.2M | -31M | -11.8M | -6M | 1.2M |
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 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| Market cap | — | — | — | — | — | 349.8M | 794.5M | — | — |
| Enterprise value | — | — | — | — | — | 337.9M | 788.4M | — | — |
| Shares outstanding | — | 46.6M | 43.5M | 22.6M | 48.8M | 48.9M | 51.2M | 56.4M | 56.4M |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| P/S | — | — | — | — | — | 3.26 | 7.22 | — | — |
| P/B | — | — | — | — | — | 10.3 | -18.6 | — | — |
| EV/EBITDA | — | — | — | — | — | -8.74 | -458.7 | — | — |
| EV/Sales | — | — | — | — | — | 3.15 | 7.17 | — | — |
| FCF yield | — | — | — | — | — | -8.74% | -2.23% | — | — |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| Gross margin | — | -16.4% | 3.85% | -6.89% | -16.9% | -2.69% | 17.7% | -51.6% | -51.6% |
| Operating margin | — | -50.7% | -17.3% | -63.6% | -137% | -40.7% | -7.67% | -177.7% | -177.7% |
| Net margin | — | -63.1% | -21.7% | -265.3% | -71.5% | -51.3% | -89% | -174.9% | -174.9% |
| ROE | — | -712.6% | 119.7% | -90.5% | -23.4% | -162.4% | 228.8% | 510% | 510% |
| ROA | — | -19.1% | -22.7% | -58% | -13.6% | -44.3% | -67.5% | -61.2% | -61.2% |
| ROIC | — | 161.5% | 143.7% | -450.5% | -72.7% | -197.7% | 17.3% | 582% | 582% |
| Return on tangible assets | — | -28.6% | -70.1% | -74.8% | -19.8% | -74.1% | -94% | -85.7% | -85.7% |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| Current ratio | — | 1.12 | 1.08 | 4.18 | 2.48 | 1.48 | 1.86 | 0.78 | 0.78 |
| Quick ratio | — | 0.31 | 0.16 | 3.75 | 1.23 | 0.84 | 0.83 | 0.18 | 0.18 |
| Debt / equity | — | 0.97 | -0.34 | 0.1 | 0.04 | 0.51 | -0.39 | -0.76 | -0.76 |
| Debt / assets | — | 0.03 | 0.06 | 0.06 | 0.02 | 0.14 | 0.12 | 0.09 | 0.09 |
| Net debt / EBITDA | — | 0.84 | -0.44 | 1.11 | 0.98 | 0.31 | 3.52 | -0.03 | -0.03 |
| Interest coverage | — | -10.9 | -3.84 | -32.9 | -37.3 | -18.2 | -4.97 | -0.3 | -0.3 |
| Effective tax rate | — | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| Revenue per share | — | 0.41 | 1.09 | 1.46 | 0.54 | 2.2 | 2.15 | 0.56 | 0.56 |
| EPS (basic) | — | -0.25 | -0.21 | -3.46 | -0.39 | -1.13 | -1.91 | -0.98 | -0.98 |
| EPS (diluted) | — | -0.25 | -0.21 | -3.46 | -0.39 | -1.13 | -1.91 | -0.98 | -0.98 |
| Book value per share | — | 0.04 | -0.2 | 4.29 | 1.65 | 0.69 | -0.84 | -0.19 | -0.19 |
| FCF per share | — | -0.56 | -0.44 | -1.06 | -1.41 | -0.63 | -0.35 | -0.71 | -0.71 |
| Cash per share | — | 0.2 | 0 | 4.51 | 0.71 | 0.6 | 0.45 | 0.12 | 0.12 |
| Capex per share | — | 0.02 | 0.02 | 0.07 | 0.07 | — | — | — | — |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| Capex / revenue | — | 5.67% | 2.24% | 4.77% | 13.2% | — | — | — | — |
| Capex / operating cash flow | — | -5.4% | -8.37% | -8.4% | -6.9% | — | — | — | — |
| Payout ratio | — | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Dividend yield | — | — | — | — | — | 0% | 0% | — | — |
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 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|
| Net income | -12.1M | -10.3M | -87.6M | -18.9M | -55.1M | -98M | -55.2M |
| Depreciation & amortization | 573K | 1.6M | 3.5M | 4.3M | 4.8M | 6.7M | 10.6M |
| Stock-based compensation | — | 0 | 0 | 2.8M | 1.5M | 3.9M | 2.7M |
| Change in working capital | -9.4M | -6.2M | 4.1M | -28.5M | 17.6M | -18M | 6M |
| Operating cash flow | -20M | -12.7M | -18.8M | -50.5M | -20.7M | -16.3M | -37M |
| Capital expenditure | -1.1M | -1.1M | -1.6M | -3.5M | — | — | — |
| Investing cash flow | -1.1M | -1.1M | -1.6M | -3.5M | — | — | — |
| Dividends paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share repurchases | 0 | 0 | -20M | 0 | 0 | — | — |
| Financing cash flow | 13.5M | 9.9M | 128.5M | -8.2M | 17.2M | 2.5M | -20.6M |
| Net change in cash | -7.6M | -3.8M | 108.2M | -62.2M | -3.5M | -13.8M | -57.6M |
| Free cash flow | -26M | -19.2M | -23.9M | -68.9M | -30.6M | -17.7M | -40.3M |