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 | — | — | — | — | $12.3M | — |
| FY24 | — | -$33.6 | — | — | $70.3M | — |
| FY23 | — | -$67.2 | — | — | $59.2M | — |
| FY22 | — | -$0.8 | — | — | $48.2M | — |
| FY21 | — | $0.46 | — | — | $32.5M | — |
| FY20 | — | -$0.09 | — | — | $13.9M | — |
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 | $13.9M | $32.5M | $48.2M | $59.2M | $70.3M | $12.3M |
| YoY change | — | +134.7% | +48.2% | +22.8% | +18.8% | -82.5% |
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 | FY24 | FY25 |
|---|---|---|---|---|---|---|
| Revenue | 13.9M | 32.5M | 48.2M | 59.2M | 70.3M | 12.3M |
| Cost of revenue | 7.2M | 10.9M | 17.4M | 19.7M | 22.3M | 6.8M |
| Gross profit | 6.6M | 21.6M | 30.8M | 39.4M | 48M | 5.5M |
| Gross margin | 47.8% | 66.5% | 63.9% | 66.6% | 68.3% | 44.4% |
| Research & development | 4.2M | 5.4M | 24M | 52.4M | 34.7M | 24.5M |
| Selling, general & administrative | 10.3M | 11.3M | 9.9M | 9M | 26.3M | 77.6M |
| Operating expenses | 14.5M | 16.6M | 33.9M | 61.3M | 60.9M | 102.1M |
| Operating income | -7.9M | 5M | -3.1M | -21.9M | -12.9M | -96.6M |
| Operating margin | -56.8% | 15.4% | -6.51% | -37.1% | -18.3% | -783.6% |
| Non-operating income, net | 1.6M | 787.2K | 231.9K | 1M | 639.5K | -2.1M |
| Pretax income | -7.3M | 3.9M | -5.3M | -23.2M | -14.6M | -101.8M |
| Income tax | -235.9K | 552.4K | 660.7K | 3.8M | 0 | 0 |
| Net income | -7.1M | 3.4M | -6M | -27M | -14.6M | -101.8M |
| Net margin | -50.9% | 10.3% | -12.5% | -45.6% | -20.7% | -826% |
| EBITDA | -4.5M | 7.2M | -1.8M | -19.7M | -11M | -94.1M |
| EPS | -0.09 | 0.46 | -0.8 | -67.2 | -33.6 | — |
| Diluted EPS | -0.09 | 0.46 | -0.8 | -67.2 | -33.6 | — |
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 | 366.9K | 1.3M | 1M | 1.6M | 846.6K | 2.3M |
| Receivables | 8.1M | 31.2M | 41.4M | 28.3M | 55.5M | 6.3M |
| Inventory | 273.4K | 768.8K | 768.2K | 67.8K | 14.4K | 0 |
| Total current assets | 12.1M | 35.8M | 48.4M | 38.1M | 76.5M | 11.9M |
| Property, plant & equipment | 2.5M | 1.4M | 1.1M | 4.6M | 2.7M | 203.8K |
| Goodwill & intangibles | 1.8M | 1.6M | 1.3M | 424.9K | 286.7K | 228.9K |
| Total assets | 25.2M | 47.2M | 60.6M | 66.3M | 85.5M | 15.9M |
| Accounts payable | 2.2M | 5.6M | 9.2M | 13.7M | 27.1M | 39.2M |
| Short-term debt | 17.8M | 20M | 29.5M | 32.7M | 43M | 41.6M |
| Total current liabilities | 25.8M | 36.1M | 52.6M | 57.7M | 86.6M | 103.3M |
| Long-term debt | 1M | 446.1K | 3.6M | 4.1M | 2.8M | 5.2M |
| Total liabilities | 31.8M | 50.6M | 69.6M | 74.8M | 101.3M | 120.8M |
| Shareholders' equity | -6.6M | -3.4M | -9M | -8.5M | -15.8M | -104.9M |
| Total debt | 18.8M | 20.5M | 33.1M | 36.9M | 45.9M | 46.8M |
| Net debt | 18.4M | 19.2M | 32M | 35.3M | 45M | 44.5M |
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 | — | — | — | — | 346.8M | — | — |
| Enterprise value | — | — | — | — | 391.8M | — | — |
| Shares outstanding | 72M | 8M | 7.4M | 394.1K | 429.3K | — | — |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| P/S | — | — | — | — | 4.93 | — | — |
| P/B | — | — | — | — | -22 | — | — |
| EV/EBITDA | — | — | — | — | -35.6 | — | — |
| EV/Sales | — | — | — | — | 5.57 | — | — |
| FCF yield | — | — | — | — | -4.47% | — | — |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Gross margin | 47.8% | 66.5% | 63.9% | 66.6% | 68.3% | 44.4% | 44.4% |
| Operating margin | -56.8% | 15.4% | -6.51% | -37.1% | -18.3% | -783.6% | -783.6% |
| Net margin | -50.9% | 10.3% | -12.5% | -45.6% | -20.7% | -826% | -826% |
| ROE | 106.4% | -99.5% | 66.8% | 319% | 92.3% | 97.1% | 97.1% |
| ROA | -28% | 7.13% | -9.91% | -40.7% | -17% | -640.4% | -640.4% |
| ROIC | -66.6% | 27.2% | -13.6% | -81.7% | -44% | 159.9% | 159.9% |
| Return on tangible assets | -30.1% | 7.38% | -10.1% | -41% | -17.1% | -649.7% | -649.7% |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Current ratio | 0.47 | 0.99 | 0.92 | 0.66 | 0.88 | 0.12 | 0.12 |
| Quick ratio | 0.46 | 0.97 | 0.91 | 0.66 | 0.88 | 0.12 | 0.12 |
| Debt / equity | -2.84 | -6.05 | -3.68 | -4.35 | -2.91 | -0.45 | -0.45 |
| Debt / assets | 0.75 | 0.43 | 0.55 | 0.56 | 0.54 | 2.94 | 2.94 |
| Net debt / EBITDA | -4.05 | 2.66 | -17.8 | -1.79 | -4.09 | -0.47 | -0.47 |
| Interest coverage | -6.1 | 3.1 | -1.19 | -8.99 | -5.27 | -32.1 | -32.1 |
| Effective tax rate | 0% | 14.1% | 0% | 0% | 0% | 0% | 0% |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Revenue per share | 0.19 | 4.06 | 6.54 | 150.1 | 163.8 | — | — |
| EPS (basic) | -0.09 | 0.46 | -0.8 | -67.2 | -33.6 | — | — |
| EPS (diluted) | -0.09 | 0.46 | -0.8 | -67.2 | -33.6 | — | — |
| Book value per share | -0.09 | -0.42 | -1.22 | -21.5 | -36.7 | — | — |
| FCF per share | -0.05 | -1.49 | -1.5 | -45.7 | -36.1 | — | — |
| Cash per share | 0.01 | 0.16 | 0.14 | 3.97 | 1.97 | — | — |
| Capex per share | 0 | 0.01 | 0.01 | — | — | — | — |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Capex / revenue | 0.03% | 0.24% | 0.22% | — | — | — | — |
| Capex / operating cash flow | -0.06% | -0.47% | -0.62% | — | — | — | — |
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 | -7.1M | 3.4M | -6M | -27M | -14.6M | -101.8M |
| Depreciation & amortization | 1.5M | 1.3M | 895.1K | 1.3M | 1.1M | 170.3K |
| Stock-based compensation | — | — | 0 | 0 | 1.6M | 5.9M |
| Change in working capital | -2.1M | -21.5M | -12.7M | 14.4M | -17.1M | 16.6M |
| Operating cash flow | -7.8M | -16.3M | -17.3M | -15.8M | -15.1M | -3.7M |
| Capital expenditure | -4.7K | 77.3K | -106.8K | — | — | — |
| Investing cash flow | -4.7K | 77.3K | -2.9M | -17.9M | -97.3K | 0 |
| Dividends paid | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — |
| Financing cash flow | -9.2M | -4.3M | 2.9M | 14.5M | -11.3M | -9.6M |
| Net change in cash | -17M | -20.5M | -17.3M | -19.1M | -26.5M | -13.3M |
| Free cash flow | -3.5M | -11.9M | -11M | -18M | -15.5M | -3.7M |