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 24 | -$30.2 | -$43.2 | -42.9% | — | $11.8M | — |
| Q3 24 | -$17.3 | -$21.6 | -25.0% | — | $7.5M | — |
| Q2 24 | — | -$0.05 | — | — | $13.8M | — |
| Q1 24 | -$25.9 | -$21.6 | +16.7% | — | $16.8M | — |
| Q3 23 | -$29.2 | -$43.2 | -48.1% | — | $10.4M | — |
| Q2 23 | -$29.2 | -$24.6 | +15.6% | — | $13.8M | — |
| Q1 23 | -$17.3 | -$35 | -102.5% | — | $11.3M | — |
| Q2 22 | — | -$0.82 | — | — | $16.1M | — |
| Q1 22 | $0.04 | $0.04 | 0.0% | — | $24.6M | — |
| Q2 21 | — | $0.4 | — | — | $28.7M | — |
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 % |
|---|---|---|---|---|---|---|
| FY25 | — | $4.97 | — | — | $15.5M | — |
| FY24 | — | -$1.94 | — | — | $48.5M | — |
| FY23 | — | -$1.51 | — | — | $57.7M | — |
| FY22 | — | -$4.96 | — | — | $72M | — |
| FY21 | — | $1.04 |
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 | $14.2M | $32.5M | $124.4M | $72M | $57.7M | $48.5M | $15.5M |
| YoY change | — | +128.7% | +282.2% | -42.1% | -19.8% | -15.9% | -68% |
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 |
|---|
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 | 14.2M | 32.5M | 124.4M | 72M | 57.7M | 48.5M | 15.5M |
| Cost of revenue | 9.7M | 25.8M | 34.5M | 124.5M | 54.6M | 47.1M | 15.2M |
| Gross profit | 4.5M | 6.7M | 89.9M | -52.5M | 3.1M | 1.5M | 287K |
| Gross margin | 31.6% | 20.7% | 72.3% | -72.9% | 5.37% | 3% | 1.85% |
| Research & development | 171.7K | 34.3K | 0 | 138.7K | 0 | — | — |
| Selling, general & administrative | 3.9M | 2.3M | 7.2M | 33.7M | 15.7M | 12.1M | 9.4M |
| Operating expenses | 4.1M | 1.9M | 10.2M | 42.7M | 16.2M | 12.1M | 9.4M |
| Operating income | -324.6K | 3.2M | 74M | -127.9M | -16.5M | -12.9M | -9.8M |
| Operating margin | -2.28% | 9.86% | 59.5% | -177.6% | -28.5% | -26.7% | -63% |
| Non-operating income, net | — | — | — | — | -6.6M | -35M | 18.6M |
| Pretax income | -1.4M | 2.5M | 65.8M | -296.6M | -34.6M | -54.8M | 4.7M |
| Income tax | 0 | 0 | 14.3M | -14.5M | 0 | 340K | -412K |
| Net income | -1.4M | 2.5M | 51.6M | -282.1M | -34.6M | -55.1M | 5.1M |
| Net margin | -10.1% | 7.61% | 41.5% | -391.8% | -60% | -113.6% | 32.8% |
| EBITDA | 2.7M | 13.1M | 90M | -69.1M | 3.3M | 2.7M | -6.5M |
| EPS | -0.03 | 0.06 | 1.04 | -4.96 | -1.51 | -1.94 | 4.97 |
| Diluted EPS | -0.03 | 0.06 | 1 | -4.96 | -1.51 | -1.94 | 4.97 |
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 | Q1 24 | Q2 24 | Q3 24 | Q4 24 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 24.6M | 16.1M | 13.2M | 9.3M | 11.3M | 13.8M | 10.4M | 17.6M | 16.8M | 13.8M | 7.5M | 11.8M |
| Cost of revenue | 22.2M | 71.1M | 11.1M | 8.5M | 12.2M | 14.7M | 11.2M | 11.6M | 15M | 13.9M | 9.2M | 10.4M |
| Gross profit | 2.4M | -55M | 2.1M | 838.5K | -886K | -815K | -753K | 6M | 1.9M | -69K | -1.7M | 1.4M |
| Gross margin | 9.83% | -340.5% | 16% | 9% | -7.87% | -5.89% | -7.24% | 33.9% | 11.1% | -0.5% | -22.8% | 11.5% |
| Research & development | — | — | — | — | — | — | — | — | — | — | — | — |
| Selling, general & administrative | 1.4M | — | — | — | — | — | — | — | — | — | -1.2M | 9.7M |
| Operating expenses | 6.7M | 11.4M | 11.5M | -16.9M | 3.6M | 3.8M | 3.1M | -8M | 3.2M | 2.7M | 1.7M | 1M |
| Operating income | -4.9M | -67M | -16.9M | -23.6M | -5.7M | -5.9M | -5.3M | 1.4M | -3.4M | -4.6M | -3.6M | -1.3M |
| Operating margin | -19.9% | -415% | -128% | -252.9% | -51% | -42.5% | -50.7% | 7.79% | -20.4% | -33.5% | -48.4% | -10.8% |
| Non-operating income, net | — | — | — | — | — | — | — | — | — | — | -1.2M | -13.6M |
| Pretax income | 2.5M | -58.8M | -18M | -169.6M | -9.2M | -9.9M | -9.9M | -6.6M | -2.8M | -29.6M | -6.3M | -15.9M |
| Income tax | -147.3K | -9.6M | 0 | 7.8M | 0 | -2.3M | 0 | 2.3M | 340K | 0 | 0 | 0 |
| Net income | 2.6M | -49.2M | -18M | -177.4M | -9.2M | -7.5M | -9.9M | -8.9M | -3.2M | -29.6M | -6.3M | -15.9M |
| Net margin | 10.6% | -304.7% | -136.5% | -1.9K% | -81.6% | -54.4% | -95.1% | -50.5% | -18.7% | -214.2% | -84.2% | -135% |
| EBITDA | 2.6M | -59.3M | -10.8M | -16.7M | 1.2M | 21K | 1.1M | 2.4M | 2.1M | 748K | -960K | 1.1M |
| EPS | 0.04 | — | -0.4 | — | -0.2 | — | -0.2 | — | -0.1 | — | -21.6 | — |
| Diluted EPS | 0.04 | — | -0.4 | — | -0.2 | — | -0.2 | — | -0.1 | — | -21.6 | — |
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 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| Market cap | — | — | — | — | — | — | — | — | 33.1M |
| Enterprise value | — | — | — | — | — | — | — | — | 32.6M |
| Shares outstanding | — | 29.4M | 30.3M | 39.8M | 47.4M | 233.3K | 281.4K | 1M | 1M |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | — | — | 0.47 |
| P/S | — | — | — | — | — | — | — | — | 2.21 |
| P/B | — | — | — | — | — | — | — | — | 2.42 |
| EV/EBITDA | — | — | — | — | — | — | — | — | -5.06 |
| EV/Sales | — | — | — | — | — | — | — | — | 2.1 |
| Earnings yield | — | — | — | — | — | — | — | — | 212.4% |
| FCF yield | — | — | — | — | — | — | — | — | -12% |
| PEG | — | — | — | — | — | — | — | — | -9.36 |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| Gross margin | — | 31.6% | 20.7% | 72.3% | -72.9% | 5.37% | 3% | 1.85% | 11.5% |
| Operating margin | — | -2.28% | 9.86% | 59.5% | -177.6% | -28.5% | -26.7% | -63% | -42.7% |
| Net margin | — | -10.1% | 7.61% | 41.5% | -391.8% | -60% | -113.6% | 32.8% | 32.8% |
| ROE | — | -4.19% | 5.93% | 15% | -908.1% | -21.9K% | 186.9% | 39.4% | 39.4% |
| ROA | — | -3.51% | 4.42% | 10.5% | -202.5% | -45.6% | -286.1% | 22.4% | -28.5% |
| ROIC | — | -0.95% | 7.44% | 20.9% | -126.6% | -30% | -632.7% | -69% | -632.8% |
| Return on tangible assets | — | -3.66% | 4.52% | 11% | -211% | -46.7% | -291.5% | 42.9% | -290.6% |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| Current ratio | — | 0.82 | 2.01 | 2.85 | 1.28 | 0.54 | 1.24 | 0.51 | 0.51 |
| Quick ratio | — | 0.82 | 2.01 | 2.85 | 1.28 | 0.54 | 1.24 | 0.51 | 1.24 |
| Debt / equity | — | 0.05 | 0.31 | 0.27 | 3.09 | 395.7 | -1.36 | 0.27 | 0.27 |
| Debt / assets | — | 0.04 | 0.23 | 0.19 | 0.69 | 0.82 | 2.09 | 0.15 | 2.09 |
| Net debt / EBITDA | — | -0.07 | 0.11 | -0.73 | -1.01 | 16.5 | 11.7 | -0.19 | 10.6 |
| Interest coverage | — | -20.3 | 10.2 | 18.8 | -9.62 | -2 | -7.04 | 2.11 | -7.02 |
| Effective tax rate | — | 0% | 0% | 21.7% | 0% | 0% | 0% | 0% | 0% |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| Revenue per share | — | 0.48 | 1.07 | 3.13 | 1.52 | 247.4 | 172.4 | 15.3 | 15.3 |
| EPS (basic) | — | -0.03 | 0.06 | 1.04 | -4.96 | -1.51 | -1.94 | 4.97 | 4.97 |
| EPS (diluted) | — | -0.03 | 0.06 | 1 | -4.96 | -1.51 | -1.94 | 4.97 | 4.97 |
| Book value per share | — | 1.17 | 1.38 | 8.63 | 0.66 | 0.68 | -104.8 | 12.7 | 0.97 |
| FCF per share | — | -0.89 | 0.04 | -6.66 | -5.08 | -210.3 | -159.2 | -24.8 | -0 |
| Cash per share | — | 0.07 | 0.38 | 3.96 | 0.55 | 33.6 | 30.7 | 2.22 | 0.17 |
| Capex per share | — | 0.84 | 0.06 | 5.33 | 2.49 | — | — | — | — |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| Capex / revenue | — | 174.4% | 5.82% | 170.3% | 163.7% | — | — | — | — |
| Capex / operating cash flow | — | -266% | 133.5% | -234.5% | -50.3% | — | — | — | — |
| Payout ratio | — | — | — | — | — | 0% | 0% | 0% | 0% |
| — |
| — |
| $124.4M |
| — |
| FY20 | — | $0.06 | — | — | $32.5M | — |
| FY19 | — | -$0.03 | — | — | $14.2M | — |
| Q3 22 |
|---|
| Q4 22 |
|---|
| Q1 23 |
|---|
| Q2 23 |
|---|
| Q3 23 |
|---|
| Q4 23 |
|---|
| Q1 24 |
|---|
| Q2 24 |
|---|
| Q3 24 |
|---|
| Q4 24 |
|---|
| Revenue | $24.6M | $16.1M | $13.2M | $9.3M | $11.3M | $13.8M | $10.4M | $17.6M | $16.8M | $13.8M | $7.5M | $11.8M |
| YoY change | -3.44% | -43.8% | — | — | -54.2% | -14.3% | -21.2% | +88.9% | +49.5% | -0.25% | -28.3% | -33% |
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 | 26.2M | 2M | 11.5M | 157.3M | 26M | 7.8M | 8.6M | 2.2M |
| Receivables | — | — | — | 10.1M | 0 | 2.5M | 140K | 645K |
| Inventory | — | — | — | — | — | — | — | — |
| Total current assets | 29.7M | 5.4M | 15.2M | 264.9M | 34.6M | 14.9M | 11.7M | 4.1M |
| Property, plant & equipment | 7.5M | 47.9M | 30.6M | 361.9M | 81M | 53.4M | 6.4M | 12.4M |
| Goodwill & intangibles | 2M | 1.6M | 1.3M | 19M | 5.6M | 1.8M | 352K | 10.9M |
| Total assets | 34.6M | 40.8M | 56M | 488.8M | 139.3M | 75.9M | 19.3M | 22.7M |
| Accounts payable | 0 | 4.1M | 940.5K | 25.9M | 4.2M | 11.2M | 1.7M | 3.8M |
| Short-term debt | 0 | 1.8M | 6.2M | 39.8M | 14.7M | 14.3M | 857K | 1.7M |
| Total current liabilities | 349.3K | 6.6M | 7.6M | 92.9M | 27M | 27.6M | 9.4M | 8.1M |
| Long-term debt | — | 0 | 6.7M | 52.1M | 81.2M | 48.2M | 39.3M | 1.8M |
| Total liabilities | 349.3K | 6.6M | 14.3M | 145.9M | 108.3M | 75.8M | 48.7M | 9.8M |
| Shareholders' equity | 34.2M | 34.2M | 41.8M | 342.9M | 31.1M | 158K | -29.5M | 12.9M |
| Total debt | 0 | 1.8M | 12.9M | 91.9M | 95.9M | 62.5M | 40.2M | 3.5M |
| Net debt | -26.2M | 1.5M | 9.3M | 71.8M | 70.5M | 55.1M | 31.5M | 1.3M |
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 | Q2 21 | Q1 22 | Q2 22 | Q4 22 | Q1 23 | Q2 23 | Q3 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 86M | 147.1M | 57M | 20.6M | 14.3M | 9.1M | 8.1M | 7.8M | 13.3M | 4.2M | 2.5M | 8.6M |
| Receivables | — | 140.5M | — | 0 | 7.7M | 706K | 8M | 1.1M | 2.2M | 873K | 3M | 140K |
| Inventory | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 154.4M | 287.5M | 208.9M | 27.4M | 21.9M | 13.5M | 16.2M | 14.9M | 15.5M | 6.2M | 5.5M | 11.7M |
| Property, plant & equipment | 73.5M | 198.1M | 96.9M | 64.3M | 71.6M | 59.6M | 64.4M | 53.4M | 53.8M | 186.8M | 23.3M | 6.4M |
| Goodwill & intangibles | 507.6K | 14.7M | 10M | 4.4M | 2.1M | 3.6M | 785K | 1.8M | 1M | 1M | 239K | 352K |
| Total assets | 243.5M | 523.6M | 463.8M | 110.6M | 99M | 88.8M | 84M | 75.9M | 70.7M | 33.3M | 29.5M | 19.3M |
| Accounts payable | 26.5M | 22.8M | 19.1M | 3.3M | 7.5M | 2M | 9.8M | 2.3M | 10.7M | 820K | 9M | 1.7M |
| Short-term debt | 33.8M | 73.9M | 68.3M | 11.7M | 12.5M | 14.4M | 13.7M | 14.3M | 12.7M | 5.8M | 1.2M | 857K |
| Total current liabilities | 83.8M | 120.2M | 99M | 21.5M | 22.2M | 27.7M | 27.4M | 27.6M | 23.8M | 14.4M | 10.6M | 9.4M |
| Long-term debt | 9.9M | 74.3M | 111.9M | 64.5M | 63.2M | 59M | 54.8M | 48.2M | 39.1M | 39.2M | 38.6M | 39.3M |
| Total liabilities | 93.7M | 195.5M | 211.6M | 86M | 93.5M | 91M | 87M | 75.8M | 62.9M | 53.6M | 49.2M | 48.7M |
| Shareholders' equity | 149.8M | 328.1M | 252.3M | 24.7M | 5.5M | -2.2M | -2.9M | 158K | 7.7M | -20.3M | -19.8M | -29.5M |
| Total debt | 43.7M | 148.2M | 180.2M | 76.2M | 75.7M | 73.5M | 68.5M | 62.5M | 51.8M | 45M | 39.9M | 40.2M |
| Net debt | 15.7M | 133.2M | 166.2M | 56M | 61.5M | 64.3M | 60.5M | 55.1M | 39.4M | 41M | 37.3M | 31.5M |
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 | -1.4M | 2.5M | 65.8M | -296.6M | -34.6M | -54.8M | 4.7M |
| Depreciation & amortization | — | — | — | — | 20.1M | 14.9M | 3.1M |
| Stock-based compensation | 0 | 569.8K | 3.2M | 7.5M | 3.9M | 3.8M | 2.6M |
| Change in working capital | -7.9M | -1.8M | -159.4M | 32.8M | -1.2M | 756K | 1.2M |
| Operating cash flow | -9.3M | 1.4M | -90.3M | -234.5M | -48M | -44.8M | -25M |
| Capital expenditure | -24.8M | -1.9M | -211.8M | -117.8M | — | — | — |
| Investing cash flow | -24.9M | -1.8M | -224.3M | -119.9M | 50K | 6.2M | 0 |
| Dividends paid | — | — | — | — | 0 | 0 | 0 |
| Share repurchases | — | — | — | — | — | — | -1.9M |
| Financing cash flow | 1.8M | -320.9K | 306.1M | 131.8M | -5.1M | -3.1M | 2.9M |
| Net change in cash | -32.4M | -713.6K | -8.6M | -222.7M | -53M | -41.7M | -22.1M |
| Free cash flow | -26.3M | 1.2M | -264.6M | -240.8M | -49.1M | -44.8M | -25.1M |
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 23 | Q2 23 | Q3 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 |
|---|---|---|---|---|---|---|---|---|
| Net income | -9.2M | -9.9M | -9.9M | -6.6M | -2.8M | -29.6M | -1.5M | -16.1M |
| Depreciation & amortization | — | — | — | — | — | — | 2.5M | 2.3M |
| Stock-based compensation | 984K | 931K | 920K | 1.1M | 1.9M | 1.7M | -1.2M | 1.3M |
| Change in working capital | -158K | -120K | -3.8M | 3.4M | 1.1M | 255K | -884K | 299K |
| Operating cash flow | -5.1M | -6M | -10M | 348K | 2.5M | -25.9M | 37.4M | -45.8M |
| Capital expenditure | 0 | -972K | -289K | 478K | 894K | 0 | 0 | — |
| Investing cash flow | 0 | -972K | -289K | 478K | 7M | 0 | 0 | — |
| Dividends paid | — | — | — | — | — | — | 0 | 0 |
| Share repurchases | — | — | — | — | — | — | — | — |
| Financing cash flow | -245K | -3M | 2.5M | -5M | -3.3M | -7.3M | 2.8M | 4.6M |
| Net change in cash | -5.3M | -10M | -7.8M | -4.2M | 6.2M | -33.2M | 40.2M | -41.2M |
| Free cash flow | -2.9M | 1.4M | -1.7M | 6.2M | 3.3M | 208K | 26.9M | -45.8M |