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 23 | -$237 | -$19.1 | +92.0% | — | $2.9M | — |
| Q3 22 | -$1.4K | -$3.7K | -171.3% | — | $7M | — |
| Q2 22 | -$1.3K | -$10.5K | -711.6% | — | $19.3M | — |
| Q1 22 | -$840 | -$885.5 | -5.4% | — | $26M | — |
| Q4 21 | -$930 | -$1.8K | -93.5% | — | $25.3M | — |
| Q3 21 | -$2.95 | -$4.7 | -59.3% | — | $15.8M | — |
| Q2 21 | -$2.3 | -$2.8 | -21.7% | — | $11.8M | — |
| Q1 21 | -$3.15 | -$5.6 | -77.8% | — | $7M | — |
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 % |
|---|---|---|---|---|---|---|
| FY24 | — | -$40.9 | — | — | $9.7M | — |
| FY23 | — | -$187.7 | — | — | $16.9M | — |
| FY22 | — | -$13.5K | — | — | $58.3M | — |
| FY21 | — | -$5.1K | — | — | $59.9M | — |
| FY20 | — | -$5.4K | — | — |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 |
|---|---|---|---|---|---|---|---|
| Revenue | $1.8M | $4.1M | $12.1M | $59.9M | $58.3M | $16.9M | $9.7M |
| YoY change | — | +131.1% | +195.7% | +395.2% | -2.67% | -71% | -42.6% |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | Q3 22 | Q4 22 |
|---|
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 |
|---|---|---|---|---|---|---|---|
| Revenue | 1.8M | 4.1M | 12.1M | 59.9M | 58.3M | 16.9M | 9.7M |
| Cost of revenue | 1.5M | 4.3M | 11.5M | 54.6M | 90.1M | 11.6M | 9M |
| Gross profit | 222K | -245K | 570K | 5.2M | -31.8M | 5.3M | 665K |
| Gross margin | 12.5% | -5.99% | 4.72% | 8.74% | -54.6% | 31.3% | 6.87% |
| Research & development | 17K | 109K | 3.4M | 3.9M | 8.2M | 2.3M | 743K |
| Selling, general & administrative | 1.2M | 2.7M | 9.8M | 35M | 82.7M | 23.1M | 12.3M |
| Operating expenses | 1.2M | 2.8M | 13.2M | 38.9M | 90.9M | 25.4M | 13M |
| Operating income | -1M | -3.1M | -12.6M | -33.7M | -122.7M | -20.2M | -12.4M |
| Operating margin | -57.4% | -75.6% | -104.4% | -56.2% | -210.6% | -119.5% | -127.9% |
| Non-operating income, net | 2K | 49K | -8.5M | 1.3M | -56.9M | 3.4M | -15.7M |
| Pretax income | -1M | -3M | -21.6M | -32.3M | -188.3M | -18.6M | -28.4M |
| Income tax | — | — | 0 | 25K | 23K | 2K | -2K |
| Net income | -1M | -3M | -21.6M | -32.3M | -188.3M | -18.6M | -41.7M |
| Net margin | -57.3% | -74.4% | -179% | -54% | -323.2% | -110.6% | -431.3% |
| EBITDA | -1M | -3.1M | -3.7M | -33.7M | -61.4M | -19.8M | -10.9M |
| EPS | -239.9 | -719.7 | -5.4K | -5.1K | -13.5K | -187.7 | -40.9 |
| Diluted EPS | -239.9 | -719.7 | -5.4K | -5.1K | -13.5K | -187.7 | -40.9 |
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | Q3 22 | Q4 22 | Q1 23 | Q2 23 | Q3 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 7M | 5.9M | 5.8M | 5.1M | 3.1M | 2.9M | 2.6M | 3M | 1.9M | 2.2M | 538K | 2M |
| Cost of revenue | 11.1M | 39.4M | 4.8M | 4.5M | 2.2M | 143K | 2.4M | 1.9M | 1.7M | 3M | 448K | 1.4M |
| Gross profit | -4.1M | -33.5M | 988K | 600K | 974K | 2.7M | 165K | 1.1M | 225K | -852K | 90K | 682K |
| Gross margin | -58.6% | -568.1% | 17% | 11.8% | 31% | 95% | 6.35% | 37.6% | 11.6% | -39.6% | 16.7% | 33.4% |
| Research & development | 1.7M | 1.9M | 735K | 643K | 486K | 431K | 275K | 185K | 168K | 115K | 0 | 0 |
| Selling, general & administrative | 26.3M | 22.8M | 8.5M | 5.9M | 5.1M | 3.6M | 4.6M | 2.7M | 3.7M | 1.4M | 3.8M | 7.5M |
| Operating expenses | 28M | 24.8M | 9.3M | 6.6M | 5.6M | 4M | 4.8M | 2.8M | 3.9M | 1.5M | 3.8M | 7.5M |
| Operating income | -32.1M | -58.2M | -8.3M | -6M | -4.6M | -1.3M | -4.7M | -1.7M | -3.7M | -2.3M | -3.7M | -6.8M |
| Operating margin | -458% | -988.4% | -142.5% | -118.1% | -148% | -44.3% | -179.6% | -57.4% | -189% | -108.7% | -687.9% | -332.9% |
| Non-operating income, net | -20.6M | 22.3M | -1.3M | -425K | 2.9M | 2.1M | 9M | -1.2M | -15M | -8.5M | 426K | -116K |
| Pretax income | -57.4M | -39.5M | -10.3M | -6.8M | -2.1M | 578K | 4.2M | -3M | -18.7M | -11M | -3.3M | -7.2M |
| Income tax | 0 | 285K | 0 | 0 | 0 | 2K | 0 | — | — | — | 0 | 0 |
| Net income | -57.4M | -39.8M | -10.3M | -6.8M | -2.1M | 576K | 4.2M | -3M | -18.7M | -24.4M | -1.6M | -7.4M |
| Net margin | -818% | -675.1% | -177.9% | -134.4% | -66.6% | 20.1% | 163% | -99.3% | -964.4% | -1.1K% | -302.2% | -360.4% |
| EBITDA | -30.2M | -80.2M | -8M | -4.4M | -3.7M | -3.3M | -4.1M | 175K | -3M | -2.5M | -3.8M | -6.3M |
| EPS | -5.2K | — | -144.4 | -65.8 | -19 | — | 7.2 | -2.1 | -17.3 | — | -0.83 | -3.74 |
| Diluted EPS | -5.2K | — | -144.4 | -65.8 | -19 | — | 3.45 | -2.1 | -17.3 | — | -0.83 | -3.74 |
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 | Current |
|---|---|---|---|---|---|---|---|---|
| Market cap | — | — | — | — | — | — | — | 42.9M |
| Enterprise value | — | — | — | — | — | — | — | 88.9M |
| Shares outstanding | 4.2K | 4.2K | 4.1K | 6.4K | 13.9K | 99.4K | 1M | 1M |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | Current |
|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | — | 2.11 |
| P/S | — | — | — | — | — | — | — | 7.7 |
| P/B | — | — | — | — | — | — | — | 4.5 |
| EV/EBITDA | — | — | — | — | — | — | — | -4.76 |
| EV/Sales | — | — | — | — | — | — | — | 7.25 |
| Earnings yield | — | — | — | — | — | — | — | 47.4% |
| FCF yield | — | — | — | — | — | — | — | -25.3% |
| PEG | — | — | — | — | — | — | — | 0.03 |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | Current |
|---|---|---|---|---|---|---|---|---|
| Gross margin | 12.5% | -5.99% | 4.72% | 8.74% | -54.6% | 31.3% | 6.87% | 33.4% |
| Operating margin | -57.4% | -75.6% | -104.4% | -56.2% | -210.6% | -119.5% | -127.9% | -332.9% |
| Net margin | -57.3% | -74.4% | -179% | -54% | -323.2% | -110.6% | -431.3% | 6.87% |
| ROE | 57.7% | 377.9% | 335.3% | -23.5% | 2.1K% | 126.8% | -148.6% | -256.6% |
| ROA | -46.2% | -94.3% | -99.1% | -17.8% | -270.2% | -41.2% | -77.3% | -23% |
| ROIC | — | — | 1.2K% | -40.2% | -1K% | -248.7% | -155.6% | -155.6% |
| Return on tangible assets | -46.2% | -102.9% | -125.9% | -60.2% | -270.2% | -41.2% | -248.5% | -221.6% |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | Current |
|---|---|---|---|---|---|---|---|---|
| Current ratio | 0.57 | 0.76 | 0.69 | 1.99 | 0.64 | 0.58 | 1.41 | 2.64 |
| Quick ratio | 0.02 | 0.14 | 0.53 | 1.57 | 0.55 | 0.14 | 1.34 | 2.52 |
| Debt / equity | -0.08 | — | -2.09 | 0.02 | -3.51 | -1.58 | 0.39 | 1.94 |
| Debt / assets | 0.06 | — | 0.62 | 0.02 | 0.46 | 0.51 | 0.2 | 0.58 |
| Net debt / EBITDA | -0.05 | — | -1.46 | 1.6 | -0.34 | -1.15 | 1.84 | 0.02 |
| Interest coverage | — | — | — | — | — | — | -109.8 | -109.8 |
| Effective tax rate | — | — | 0% | 0% | 0% | 0% | 0% | 0% |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | Current |
|---|---|---|---|---|---|---|---|---|
| Revenue per share | 418.5 | 967.1 | 3K | 9.4K | 4.2K | 169.7 | 9.49 | 7.44 |
| EPS (basic) | -239.9 | -719.7 | -5.4K | -5.1K | -13.5K | -187.7 | -40.9 | -40.9 |
| EPS (diluted) | -239.9 | -719.7 | -5.4K | -5.1K | -13.5K | -187.7 | -40.9 | -31.7 |
| Book value per share | -415.9 | -190.4 | -1.6K | 21.6K | -650.2 | -148 | 27.5 | 10.5 |
| FCF per share | 11.6 | -857.6 | -3.6K | -5.1K | -5.8K | -312.2 | -11.4 | -13.7 |
| Cash per share | 20.1 | 48.7 | 2K | 8.9K | 785.2 | 4.37 | 30.6 | 20.5 |
| Capex per share | 0 | 9.7 | 33.2 | 333 | 585 | 2.54 | 0.02 | 2.59 |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | Current |
|---|---|---|---|---|---|---|---|---|
| Capex / revenue | 0% | 1% | 1.13% | 3.54% | 14% | 1.49% | 0.17% | 76.3% |
| Capex / operating cash flow | 0% | -1.2% | -0.48% | -5.72% | -4.17% | 5.48% | -0.04% | -10.9% |
| Payout ratio | — | — | — | — | — | — | — | 0% |
| $12.1M |
| — |
| FY19 | — | -$719.7 | — | — | $4.1M | — |
| FY18 | — | -$239.9 | — | — | $1.8M | — |
| Q1 23 |
|---|
| Q2 23 |
|---|
| Q3 23 |
|---|
| Q4 23 |
|---|
| Q1 24 |
|---|
| Q2 24 |
|---|
| Q3 24 |
|---|
| Q4 24 |
|---|
| Q1 25 |
|---|
| Q2 25 |
|---|
| Revenue | $7M | $5.9M | $5.8M | $5.1M | $3.1M | $2.9M | $2.6M | $3M | $1.9M | $2.2M | $538K | $2M |
| YoY change | -55.4% | -76.7% | -77.7% | -73.8% | -55.3% | -51.5% | -55.2% | -40.9% | -38.4% | -24.7% | -79.3% | -31.8% |
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 |
|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 85K | 206K | 8.1M | 56.6M | 10.9M | 434K | 31.2M |
| Receivables | — | 0 | 4M | 7.2M | 1.1M | 1.1M | 348K |
| Inventory | 2.1M | 2.5M | 4.3M | 18.3M | 5.9M | 18.2M | 1.6M |
| Total current assets | 2.2M | 3.1M | 18.6M | 86.7M | 44.9M | 24M | 34.7M |
| Property, plant & equipment | 0 | 38K | 873K | 7.7M | 12.3M | 9.5M | 690K |
| Goodwill & intangibles | 0 | 272K | 4.7M | 128.3M | 0 | — | 37.2M |
| Total assets | 2.2M | 3.2M | 21.8M | 182M | 69.7M | 45.3M | 54M |
| Accounts payable | 1.7M | 870K | 693K | 9.2M | 20.5M | 20.8M | 2.1M |
| Short-term debt | — | — | 12.6M | 2.1M | 29.7M | 5.8M | 10.8M |
| Total current liabilities | 3.8M | 4M | 27M | 43.6M | 70.6M | 41.2M | 24.7M |
| Long-term debt | 133K | — | 829K | 716K | 2M | 17.4M | 258K |
| Total liabilities | 4M | 4M | 28.3M | 44.6M | 78.7M | 60M | 25.9M |
| Shareholders' equity | -1.8M | -805K | -6.5M | 137.4M | -9M | -14.7M | 28.1M |
| Total debt | 133K | — | 13.5M | 2.8M | 31.7M | 23.3M | 11M |
| Net debt | 48K | — | 5.4M | -9.2M | 21.3M | 22.8M | -20.1M |
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 | Q3 22 | Q4 22 | Q1 23 | Q2 23 | Q3 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 2.5M | 10.9M | 1.5M | 312K | 158K | 434K | 99K | 57K | 267K | 31.2M | 24.4M | 41M |
| Receivables | 4.6M | 1.1M | 1.2M | 1.3M | 1.2M | 1.1M | 211K | 272K | 328K | 348K | 381K | 1.6M |
| Inventory | 37M | 5.9M | 6M | 5.4M | 6.9M | 18.2M | 18M | 17.6M | 17.3M | 1.6M | 738K | 2.2M |
| Total current assets | 63.4M | 44.9M | 25.7M | 22.5M | 21.2M | 24M | 20.9M | 20.7M | 20.8M | 34.7M | 27.2M | 46.4M |
| Property, plant & equipment | 15.7M | 12.3M | 12M | 11.5M | 10.4M | 9.5M | 9M | 8.3M | 8.2M | 690K | — | — |
| Goodwill & intangibles | 0 | 0 | — | — | — | — | — | — | — | 37.2M | 36.7M | 46M |
| Total assets | 110.2M | 69.7M | 50.6M | 45.4M | 43.1M | 45.3M | 40.9M | 39.4M | 39M | 54M | 45.6M | 69.5M |
| Accounts payable | 9.6M | 20.5M | 21.1M | 21.9M | 22.2M | 20.8M | 12.4M | 12M | 12M | 2.1M | 1.1M | 1.7M |
| Short-term debt | 1.5M | 29.7M | 3M | 2.4M | 2.3M | 5.8M | 3.7M | 1.9M | 3.5M | 10.8M | 10.6M | 10.6M |
| Total current liabilities | 41.5M | 70.6M | 39.9M | 39.8M | 41.4M | 41.2M | 27.7M | 25.1M | 27.8M | 24.7M | 18.2M | 17.5M |
| Long-term debt | 32.1M | 2M | 24.4M | 20.9M | 20.5M | 17.4M | 22.4M | 5.2M | 5.5M | 258K | — | 30M |
| Total liabilities | 74.8M | 78.7M | 67.6M | 65.1M | 64.3M | 60M | 50.6M | 30.9M | 33.5M | 25.9M | 18.8M | 48.5M |
| Shareholders' equity | 35.4M | -9M | -16.9M | -19.7M | -21.2M | -14.7M | -9.7M | 8.5M | 5.5M | 28.1M | 26.8M | 21M |
| Total debt | 33.6M | 31.7M | 27.4M | 23.3M | 22.9M | 23.3M | 26.1M | 7.1M | 9M | 11M | 10.6M | 40.6M |
| Net debt | 31.4M | 21.3M | 25.9M | 23M | 22.7M | 22.8M | 26M | 7M | 8.7M | -20.1M | -13.8M | -335K |
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 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 |
|---|---|---|---|---|---|---|---|
| Net income | -1M | -3M | -21.6M | -32.5M | -188.2M | -18.6M | -41.7M |
| Depreciation & amortization | 0 | 10K | 407K | 1.3M | 3M | 1.9M | 1.4M |
| Stock-based compensation | 0 | 109K | 1.9M | 5.6M | 4.3M | 2.7M | 1.2M |
| Change in working capital | 1.1M | -507K | -9.4M | -12.1M | -16.8M | 18.8M | 3.9M |
| Operating cash flow | 49K | -3.4M | -28.3M | -37M | -195.2M | 4.6M | -43.4M |
| Capital expenditure | 0 | -41K | -136K | -2.1M | -8.1M | 252K | 16K |
| Investing cash flow | 0 | -41K | -1.2M | -104.6M | -2.3M | 25.2M | -54K |
| Dividends paid | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — |
| Financing cash flow | 0 | 3.7M | 37M | 136.7M | 72.8M | -5.8M | 42.3M |
| Net change in cash | 49K | 275K | 7.5M | -5M | -124.8M | 24M | -1.2M |
| Free cash flow | 49K | -3.6M | -14.9M | -32.5M | -80.2M | -31M | -11.6M |
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 | Q3 22 | Q4 22 | Q1 23 | Q2 23 | Q3 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income | -57.4M | -39.6M | -10.3M | -6.8M | -2.1M | 575K | 4.2M | -3M | -18.7M | -24.4M | -1.6M | -7.4M |
| Depreciation & amortization | 409K | 445K | 312K | 1.1M | 92K | 427K | 558K | 666K | 484K | -135K | 336K | 484K |
| Stock-based compensation | 1.6M | 781K | 859K | 752K | 525K | 527K | 490K | 81K | 283K | 311K | 589K | 515K |
| Change in working capital | 13.4M | -2.8M | 1.3M | 2.4M | 5.4M | 9.6M | -1.2M | -152K | 1.7M | 3.4M | -960K | -1.8M |
| Operating cash flow | -41M | -36.5M | -7.6M | -2.6M | 3.8M | 11M | -4.1M | -2.4M | -16.2M | -20.7M | -1.6M | -8.1M |
| Capital expenditure | 1.1M | -132K | -59K | 4K | 83K | 224K | -2K | 8K | 4K | 6K | 0 | -5.1M |
| Investing cash flow | 25.5M | 1.8M | 9.8M | 1.6M | 13.9M | -61K | 328K | 8K | 4K | -394K | 0 | -5.1M |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | -64.4M | 14.9M | -9.3M | -566K | -225K | 5.4M | 2.3M | -161K | -60K | 36.6M | -1K | 1K |
| Net change in cash | -79.9M | -19.7M | -7.2M | -1.6M | 17.5M | 16.3M | -1.4M | -2.6M | -16.3M | 15.5M | -1.6M | -13.1M |
| Free cash flow | -6.4M | -6M | -9.5M | -2.2M | -14.3M | -5M | -3M | -1.8M | -1.4M | -5.3M | -6.7M | -13.5M |