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 % |
|---|---|---|---|---|---|---|
| Q1 24 | -$21 | -$23.4 | -11.5% | — | $58.4K | — |
| Q4 23 | -$0.84 | -$4.44 | -428.6% | — | — | — |
| Q3 23 | -$0.15 | -$0.16 | -6.7% | — | — | — |
| Q2 23 | -$21.8 | -$19.2 | +11.8% | — | — | — |
| Q1 23 | — | -$0.18 | — | — | — | — |
| Q4 22 | -$14.1 | -$19.2 | -36.4% | — | — | — |
| Q3 22 | -$14.1 | -$20.5 | -45.5% | — | — | — |
| Q2 22 | -$19.2 | -$15.4 | +20.0% | — | — | — |
| Q1 22 | -$24.3 | -$26.9 | -10.5% | — | — | — |
| Q4 21 | -$26.9 | -$42.2 | -57.1% | — | — | — |
| Q3 21 | -$30.7 | -$28.2 | +8.3% | — | — | — |
| Q2 21 | -$43.5 | -$23 | +47.1% | — | — | — |
| Q1 21 | -$12.8 | -$24.3 | -90.0% | — | $788.9K | — |
| Q1 09 | $1.1K | $184.8 | -83.3% | — | — | — |
| Q4 08 | $1.5K | $924 | -37.5% | — | — | — |
| Q3 08 | $184.8 | $1.1K | +500.0% | — | — | — |
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 | — | -$32.3 | — | — | $63.8K | — |
| FY23 | — | -$8.19 | — | — | $498.9K | — |
| FY22 | — | -$4.95 | — | — | $3M | — |
| FY21 | — | -$7.52 | — | — | $2.7M | — |
| FY20 | — | -$5.84 | — | — | $1.6M |
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 |
|---|---|---|---|---|---|---|
| Revenue | $890.2K | $1.6M | $2.7M | $3M | $498.9K | $63.8K |
| YoY change | — | +80.2% | +67.3% | +11.4% | -83.3% | -87.2% |
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 | Q1 23 | Q2 23 | Q3 23 |
|---|
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 |
|---|---|---|---|---|---|---|
| Revenue | 890.2K | 1.6M | 2.7M | 3M | 498.9K | 63.8K |
| Cost of revenue | 691.8K | 1.8M | 4.8M | 6M | 5.1M | 6.7M |
| Gross profit | 198.3K | -166.5K | -2.1M | -3.1M | -4.6M | -6.6M |
| Gross margin | 22.3% | -10.4% | -77.9% | -102.1% | -929% | -10.3K% |
| Research & development | 714.3K | 1.9M | 11.4M | 6.8M | 7.4M | 1.5M |
| Selling, general & administrative | 8M | 8M | 19.6M | 13.4M | 16.1M | 9.6M |
| Operating expenses | 8.7M | 9.9M | 31M | 20.2M | 23.5M | 11.1M |
| Operating income | -8.5M | -10.1M | -33.1M | -23.3M | -28.2M | -17.7M |
| Operating margin | -954.3% | -630% | -1.2K% | -778.4% | -5.6K% | -27.8K% |
| Non-operating income, net | 2.2K | -330K | 51.8K | 159.3K | -6.4M | 15.5M |
| Pretax income | -8.7M | -10.8M | -33.1M | -22.9M | -34.2M | -1.8M |
| Income tax | — | 0 | 0 | 0 | 0 | 0 |
| Net income | -8.7M | -10.8M | -33.1M | -22.9M | -34.2M | -1.8M |
| Net margin | -973.4% | -671% | -1.2K% | -766.9% | -6.8K% | -2.8K% |
| EBITDA | -7.8M | -9.3M | -32.3M | -22.5M | -20.5M | -31.3M |
| EPS | -23.6 | -5.84 | -7.52 | -4.95 | -8.19 | -32.3 |
| Diluted EPS | -23.6 | -5.84 | -7.52 | -4.95 | -8.19 | -32.3 |
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 | 373.2K | 608.9K | 113.1K | 139.5K | 88.4K | 157.9K | 58.4K | 0 | 5.4K | 0 | 0 | 0 |
| Cost of revenue | 955K | 1.1M | 219.8K | 332K | 231.8K | 4.4M | 1.2M | 1.1M | 286K | 4.1M | 0 | 239K |
| Gross profit | -581.8K | -474.9K | -106.7K | -192.5K | -143.4K | -4.2M | -1.1M | -1.1M | -280.6K | -4.1M | 0 | -239K |
| Gross margin | -155.9% | -78% | -94.4% | -137.9% | -162.3% | -2.7K% | -1.9K% | — | -5.2K% | — | — | — |
| Research & development | 1.8M | 3.1M | 2.1M | 2.4M | 1.3M | 1.5M | 760.4K | 622.6K | 14.8K | 95.4K | 307.7K | 350K |
| Selling, general & administrative | 3.4M | 3.4M | 3.6M | 3.7M | 4.8M | 4.1M | 3.3M | 2.3M | 1.6M | 2.4M | 1.7M | 1.2M |
| Operating expenses | 5.2M | 6.5M | 5.7M | 6.1M | 6.1M | 5.7M | 4.1M | 2.9M | 1.6M | 2.5M | 2M | 1.5M |
| Operating income | -5.8M | -6.9M | -5.8M | -6.3M | -6.2M | -9.9M | -5.2M | -4M | -1.9M | -6.6M | -2M | -1.8M |
| Operating margin | -1.6K% | -1.1K% | -5.1K% | -4.5K% | -7.1K% | -6.2K% | -8.9K% | — | -35.5K% | — | — | — |
| Non-operating income, net | 70.9K | 52.6K | 178K | 146K | -6.4M | -311.1K | 1.4M | 10.7M | 2.4M | 932.1K | 2.8M | -12.4M |
| Pretax income | -5.7M | -6.7M | -5.5M | -6M | -12.6M | -10.1M | -3.6M | 6.9M | 550.6K | -5.6M | 845K | -14.1M |
| Income tax | — | — | — | 0 | 0 | — | — | 0 | 0 | 0 | 0 | 0 |
| Net income | -5.7M | -6.7M | -5.5M | -6M | -12.6M | -10.1M | -3.6M | 6.9M | 550.6K | -5.6M | 845K | -14.1M |
| Net margin | -1.5K% | -1.1K% | -4.8K% | -4.3K% | -14.2K% | -6.4K% | -6.2K% | — | 10.1K% | — | — | — |
| EBITDA | -5.7M | -6.5M | -5.7M | -6.1M | 516.5K | -9.2M | -6.3M | -14.3M | -4.3M | -6.5M | -4.7M | 10.3M |
| EPS | -1.23 | — | -1.2 | -1.28 | -2.99 | — | -1.46 | 0.78 | -4 | — | -3.2 | -29.9 |
| Diluted EPS | -1.23 | — | -1.2 | -1.28 | -2.99 | — | -1.46 | 0.14 | -4 | — | -3.2 | -29.9 |
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 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | Current |
|---|---|---|---|---|---|---|---|
| Market cap | — | — | — | — | — | — | 1.6M |
| Enterprise value | — | — | — | — | — | — | -3.3M |
| Shares outstanding | 367.6K | 1.9M | 4.4M | 4.6M | 4.8M | 385.7K | 385.7K |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | Current |
|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | -0.07 |
| P/S | — | — | — | — | — | — | 881.3 |
| P/B | — | — | — | — | — | — | -0.1 |
| EV/EBITDA | — | — | — | — | — | — | 0.28 |
| EV/Sales | — | — | — | — | — | — | -601.9 |
| Earnings yield | — | — | — | — | — | — | -1.4K% |
| FCF yield | — | — | — | — | — | — | -43.1% |
| PEG | — | — | — | — | — | — | 0 |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | Current |
|---|---|---|---|---|---|---|---|
| Gross margin | 22.3% | -10.4% | -77.9% | -102.1% | -929% | -10.3K% | -85.3K% |
| Operating margin | -954.3% | -630% | -1.2K% | -778.4% | -5.6K% | -27.8K% | -226.7K% |
| Net margin | -973.4% | -671% | -1.2K% | -766.9% | -6.8K% | -2.8K% | -10.3K% |
| ROE | -12.6K% | -27.3% | -45.1% | -44.1% | -134.9% | -14.3% | -264.4% |
| ROA | -311.9% | -25.7% | -42.3% | -41.7% | -64.6% | -8.08% | -28.4% |
| ROIC | — | -254.7% | -621.6% | -585.9% | 380% | 241% | 58.2% |
| Return on tangible assets | -378.4% | -25.8% | -42.4% | -41.7% | -64.6% | -8.08% | -199.3% |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | Current |
|---|---|---|---|---|---|---|---|
| Current ratio | 0.83 | 25.3 | 19.8 | 23.2 | 11.4 | 5.11 | 1.16 |
| Quick ratio | 0.37 | 24.5 | 18.8 | 22.8 | 10.6 | 5.11 | 1.16 |
| Debt / equity | 19.2 | 0.03 | 0.01 | 0.02 | 0.03 | 0.04 | -0 |
| Debt / assets | 0.48 | 0.03 | 0.01 | 0.02 | 0.01 | 0.02 | 0.04 |
| Net debt / EBITDA | -0.09 | 3.8 | 2.11 | 2.14 | 1.6 | 0.63 | 1.56 |
| Interest coverage | -49.2 | -31.9 | -14.3K | — | — | — | — |
| Effective tax rate | — | 0% | 0% | 0% | 0% | 0% | 0% |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | Current |
|---|---|---|---|---|---|---|---|
| Revenue per share | 2.42 | 0.84 | 0.61 | 0.65 | 0.1 | 0.17 | 0.01 |
| EPS (basic) | -23.6 | -5.84 | -7.52 | -4.95 | -8.19 | -32.3 | -32.3 |
| EPS (diluted) | -23.6 | -5.84 | -7.52 | -4.95 | -8.19 | -32.3 | -57.3 |
| Book value per share | 0.19 | 20.5 | 16.7 | 11.2 | 5.32 | 31.8 | -22.2 |
| FCF per share | -12.5 | -5.5 | -6.19 | -4.4 | -5.95 | -35 | -19.4 |
| Cash per share | 1.75 | 19.1 | 15.7 | 10.6 | 7.02 | 52.2 | 12.5 |
| Capex per share | 1.03 | 0.26 | 0.12 | 0.34 | 0.43 | 0.52 | 0.52 |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | Current |
|---|---|---|---|---|---|---|---|
| Capex / revenue | 42.6% | 31.4% | 20% | 53.1% | 415.4% | 312.5% | 312.5% |
| Capex / operating cash flow | -8.52% | -5.47% | -1.92% | -8.27% | -5.7% | -19.2% | -19.2% |
| Payout ratio | — | — | — | — | — | — | 0% |
| — |
| FY19 | — | -$23.6 | — | — | $890.2K | — |
| Q4 23 |
|---|
| Q1 24 |
|---|
| Q2 24 |
|---|
| Q3 24 |
|---|
| Q4 24 |
|---|
| Q1 25 |
|---|
| Q2 25 |
|---|
| Revenue | $373.2K | $608.9K | $113.1K | $139.5K | $88.4K | $157.9K | $58.4K | $0 | $5.4K | $0 | $0 | $0 |
| YoY change | -33.3% | -25.1% | -89% | -85.8% | -76.3% | -74.1% | -48.4% | -100% | -93.9% | -100% | -100% | 0% |
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 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 |
|---|---|---|---|---|---|---|
| Cash & short-term investments | 641.8K | 36.5M | 69.2M | 48.9M | 33.4M | 20.1M |
| Receivables | 71.1K | 765.9K | 969.4K | 510.1K | 219K | 0 |
| Inventory | 1.1M | 1.2M | 3.7M | 970.4K | 3.4M | 0 |
| Total current assets | 2M | 40.1M | 76.2M | 51.9M | 49M | 21.3M |
| Property, plant & equipment | 489.4K | 611.3K | 835.2K | 3M | 3.8M | 429.8K |
| Goodwill & intangibles | 488.3K | 287.7K | 176.6K | — | — | — |
| Total assets | 2.8M | 42M | 78.1M | 55M | 52.9M | 21.7M |
| Accounts payable | 772.1K | 767.2K | 647K | 1.1M | 2.5M | 1.9M |
| Short-term debt | 1M | 130.7K | 206.4K | 165.8K | 196.7K | 219.1K |
| Total current liabilities | 2.4M | 1.6M | 3.8M | 2.2M | 4.3M | 4.2M |
| Long-term debt | 318K | 1M | 859.5K | 693.8K | 502.8K | 283.7K |
| Total liabilities | 2.7M | 2.6M | 4.7M | 2.9M | 27.5M | 9.5M |
| Shareholders' equity | 68.9K | 39.4M | 73.4M | 52.1M | 25.3M | 12.3M |
| Total debt | 1.3M | 1.1M | 1.1M | 859.5K | 699.5K | 502.8K |
| Net debt | 683.2K | -35.4M | -68.1M | -38.2M | -32.7M | -15.5M |
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 | 55.2M | 48.9M | 41.7M | 33M | 37.9M | 33.4M | 29.1M | 37M | 18.9M | 20.1M | 15.3M | 8.4M |
| Receivables | 456.4K | 510.1K | 107.7K | 104.2K | 144K | 219K | 137.8K | 129.3K | 0 | 0 | — | — |
| Inventory | 1.5M | 970.4K | 1.5M | 3M | 4.3M | 3.4M | 3.7M | 3.3M | 3.2M | 0 | — | — |
| Total current assets | 59.5M | 51.9M | 45.5M | 39.5M | 55.5M | 49M | 44.3M | 42M | 33.4M | 21.3M | 15.7M | 8.8M |
| Property, plant & equipment | 1.7M | 3M | 2.9M | 3.2M | 4.2M | 3.8M | 3.5M | 2.9M | 2.5M | 429.8K | 381.3K | 331.3K |
| Goodwill & intangibles | 99K | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | 62.1M | 55M | 49.3M | 43.5M | 59.8M | 52.9M | 47.9M | 45M | 35.9M | 21.7M | 16.2M | 9.2M |
| Accounts payable | 1.2M | 1.1M | 746.4K | 716.2K | 826.9K | 2.5M | 2.4M | 3.5M | 1.4M | 1.9M | 1.7M | 1M |
| Short-term debt | 159.9K | 165.8K | 171.8K | 178K | 192.2K | 196.7K | 201.3K | 206.1K | 211.8K | 219.1K | 226.6K | 234.4K |
| Total current liabilities | 2.9M | 2.2M | 1.8M | 1.8M | 2M | 4.3M | 4M | 6.5M | 5.1M | 4.2M | 7.1M | 7.6M |
| Long-term debt | 737.1K | 693.8K | 648.7K | 601.3K | 552.7K | 502.8K | 451K | 396.7K | 341K | 283.7K | 224.4K | 162.3K |
| Total liabilities | 3.7M | 2.9M | 2.5M | 2.4M | 24.6M | 27.5M | 26.1M | 18M | 14M | 9.5M | 9.8M | 22.3M |
| Shareholders' equity | 58.4M | 52.1M | 46.8M | 41.1M | 35.2M | 25.3M | 21.8M | 27M | 21.9M | 12.3M | 6.4M | -13.1M |
| Total debt | 897K | 859.5K | 820.5K | 779.4K | 744.9K | 699.5K | 652.4K | 602.8K | 552.7K | 502.8K | 451K | 396.7K |
| Net debt | -38.5M | -38.2M | -31.2M | -12.8M | -2.5M | -32.7M | -4.8M | -13.5M | -2.2M | -15.5M | -12.4M | -4.7M |
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 |
|---|---|---|---|---|---|---|
| Net income | -8.7M | -10.8M | -33.1M | -22.9M | -34.2M | -1.8M |
| Depreciation & amortization | 722.6K | 559.1K | 734K | 955.7K | 1.2M | 1.9M |
| Stock-based compensation | 3.4M | 1.8M | 7.6M | 1.2M | 918.1K | 713.7K |
| Change in working capital | -33.2K | -857.7K | -3.3M | 1.5M | -4.4M | -2.6M |
| Operating cash flow | -4.5M | -9.2M | -28.1M | -19.2M | -36.4M | -1M |
| Capital expenditure | -379.1K | -504.3K | -538K | -1.6M | -2.1M | -199.3K |
| Investing cash flow | -379.1K | 2.6M | -538K | -11.3M | 8.9M | -3.1M |
| Dividends paid | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | -10.9M |
| Financing cash flow | 5.1M | 39.4M | 58.2M | 0 | 21.6M | -10.9M |
| Net change in cash | 251.8K | 32.8M | 29.6M | -30.5M | -5.8M | -15M |
| Free cash flow | -4.6M | -10.5M | -27.2M | -20.4M | -28.4M | -13.5M |
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 | 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 | -5.7M | -6.7M | -5.5M | -6M | — | — | — | — | 550.6K | -5.6M | 845K | -14.1M |
| Depreciation & amortization | 222.3K | 357.5K | 234.5K | 299.8K | 371.4K | 335.3K | 387.9K | 609.9K | 452.6K | 457.1K | 55.3K | 49.9K |
| Stock-based compensation | 332.2K | 316.3K | 266.7K | 242.1K | — | — | — | — | 79 | 657.3K | 0 | 69.5K |
| Change in working capital | 1.9M | 204.1K | -868.8K | -1.6M | — | — | — | — | -2.3M | 410.1K | -257.3K | -677.1K |
| Operating cash flow | -3.2M | -5.8M | -5.8M | -7.1M | 371.4K | 335.3K | 387.9K | 609.9K | -1.3M | -4.1M | 643K | -14.7M |
| Capital expenditure | -556.4K | -618.1K | -771.2K | -500.1K | — | — | — | — | -162.8K | -36.5K | — | — |
| Investing cash flow | 1.7M | 5.4M | -771.2K | -500.1K | — | — | — | — | -162.8K | -36.5K | 1.7M | -724.7K |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | -4.7M | -5.8M | -3.5M | -4.3M |
| Financing cash flow | 0 | 0 | — | — | — | — | — | — | -4.7M | -5.8M | -3.5M | -4.3M |
| Net change in cash | -1.5M | -375.1K | -6.6M | -7.6M | 371.4K | 335.3K | 387.9K | 609.9K | -6.2M | -9.8M | -1.2M | -19.8M |
| Free cash flow | -3.7M | -6.4M | -7.3M | -8.9M | — | — | — | — | -3.7M | -3M | -1.5M | -2.6M |