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 | -$0.03 | -$0.5 | -1566.7% | — | $12.1M | — |
| Q2 23 | -$0.03 | -$0.27 | -800.0% | — | $2.9M | — |
| Q1 23 | -$0.24 | -$0.41 | -70.8% | — | $3.9M | — |
| Q4 22 | -$0.26 | -$0.16 | +38.5% | — | $4.1M | — |
| Q3 22 | -$0.26 | $0.03 | +111.5% | — | $4.1M | — |
| Q2 22 | -$0.26 | $0.32 | +223.1% | — | $3.8M | — |
| Q1 22 | -$0.26 | -$0.48 | -84.6% | — | $5.9M | — |
| Q4 21 | -$0.31 | -$0.03 | +90.3% | — | $4.9M | — |
| Q3 21 | -$0.34 | $0.4 | +217.6% | — | $10.6M | — |
| Q2 21 | -$0.16 | -$2.69 | -1581.2% | — | $3.2M | — |
| Q1 21 | -$0.14 | $2.48 | +1871.4% | — | $2.7M | — |
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 | — | — | — | — | $26.6M | — |
| FY24 | — | -$2.64 | — | — | $54.2M | — |
| FY23 | — | -$110.2 | — | — | $22.8M | — |
| FY22 | — | $1.01 | — | — | $18M | — |
| FY21 | — | -$14.9 | — | — | $21.3M |
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 | $14.3M | $21.3M | $18M | $22.8M | $54.2M | $26.6M |
| YoY change | — | +49.4% | -15.7% | +26.7% | +138.1% | -51% |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | Q1 23 | Q2 23 | Q3 23 | Q4 23 | Q1 24 |
|---|
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 | 14.3M | 21.3M | 18M | 22.8M | 54.2M | 26.6M |
| Cost of revenue | 4.9M | 9.7M | 19.7M | 16M | 15M | 20.1M |
| Gross profit | 9.3M | 11.7M | -1.7M | 6.8M | 39.2M | 6.5M |
| Gross margin | 65.5% | 54.8% | -9.4% | 29.7% | 72.4% | 24.4% |
| Research & development | 52.7M | 88.4M | 78.4M | 30.5M | 17.4M | 15M |
| Selling, general & administrative | 31.3M | 71.3M | 66M | 50.6M | 58.6M | 51.3M |
| Operating expenses | 84M | 159.7M | 144.4M | 81M | 76M | 66.3M |
| Operating income | -78.1M | -150.2M | -148.3M | -76.5M | -38.6M | -61.3M |
| Operating margin | -546.9% | -704% | -824.9% | -335.9% | -71.1% | -230.9% |
| Non-operating income, net | -132.9M | 52.9M | 162.1M | -117.1M | -13.4M | -23.9M |
| Pretax income | -212.9M | -100.1M | 14.2M | -196.3M | -57.9M | -91.7M |
| Income tax | -4.7M | 20K | 13K | 10K | 0 | 3K |
| Net income | -208.2M | -100.1M | 14.2M | -196.3M | -57.9M | -91.7M |
| Net margin | -1.5K% | -469.3% | 79% | -862% | -106.8% | -345.4% |
| EBITDA | -65.5M | -142.7M | -141.1M | -74.3M | -40.4M | -65.2M |
| EPS | -17 | -14.9 | 1.01 | -110.2 | -2.64 | — |
| Diluted EPS | -17 | -14.9 | 0.95 | -110.2 | -2.64 | — |
Revenue, gross profit, operating income, and net income per period.
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 | Q1 25 | Q2 25 | Q3 25 | Q4 25 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 3.9M | 2.9M | 3.8M | 12.1M | 14.7M | 12.1M | 9.3M | 18.1M | 11.4M | 5.7M | 5.3M | 4.1M |
| Cost of revenue | 2M | 802K | 3.6M | 9.6M | 1.6M | 2.1M | 3.9M | 7.3M | 3.6M | 5.2M | 3.9M | 7.4M |
| Gross profit | 1.9M | 2.1M | 184K | 2.5M | 13M | 10M | 5.4M | 10.8M | 7.9M | 494K | 1.4M | -3.3M |
| Gross margin | 49.1% | 72.7% | 4.86% | 20.7% | 88.8% | 82.5% | 58.2% | 59.5% | 68.9% | 8.61% | 26.1% | -79.7% |
| Research & development | 17M | 8.6M | 5.2M | -272K | 5.8M | 3.8M | 3.9M | 3.8M | 3.7M | 3.4M | 4.6M | 3.3M |
| Selling, general & administrative | 13.9M | 12.8M | 10.7M | 13.1M | 14M | 15.9M | 12.7M | 16.1M | 14.3M | 12.6M | 9.3M | 15.1M |
| Operating expenses | 54.6M | 21.7M | 16.2M | 12.8M | 19.9M | 19.7M | 16.6M | 19.9M | 18M | 16M | 13.9M | 18.4M |
| Operating income | -29.5M | -19.8M | -16.3M | -10.8M | -7.4M | -10.2M | -11.5M | -9.5M | -10.5M | -15.9M | -12.9M | -22.1M |
| Operating margin | -749.5% | -675.3% | -430.5% | -89.5% | -50.2% | -84% | -124% | -52.2% | -91.8% | -276.6% | -244.1% | -537.5% |
| Non-operating income, net | -34.4M | -27.1M | -76.6M | 21M | -13.6M | 5.2M | -2.9M | -2.1M | -6.9M | -6.8M | -8.8M | -1.5M |
| Pretax income | -64M | -47.9M | -93.9M | 9.6M | -22M | -6.5M | -16.1M | -13.3M | -19.8M | -24.5M | -23.1M | -24.4M |
| Income tax | 0 | 0 | 0 | 10K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3K |
| Net income | -64M | -47.9M | -93.9M | 9.5M | -22M | -6.5M | -16.1M | -13.3M | -19.8M | -24.5M | -23.1M | -24.4M |
| Net margin | -1.6K% | -1.6K% | -2.5K% | 78.8% | -149.9% | -53.6% | -173.2% | -73.3% | -172.9% | -427.5% | -436.7% | -593.6% |
| EBITDA | -28.7M | -21.8M | -12.8M | -11M | -5.9M | -9.9M | -13.2M | -11.4M | -10M | -19.5M | -14.9M | -20.8M |
| EPS | -4.12 | -2.72 | -4.98 | — | -1.03 | -0.3 | -0.73 | — | -0.84 | -1.02 | -0.88 | — |
| Diluted EPS | -4.12 | -2.72 | -4.98 | — | -1.03 | -0.3 | -0.73 | — | -0.84 | -1.02 | -0.88 | — |
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 | 1.3B | — | — | — | — | — | 40.5M |
| Enterprise value | 1.3B | — | — | — | — | — | 108.8M |
| Shares outstanding | 12.2M | 6.7M | 14M | 1.8M | 21.9M | — | — |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | 2.28 |
| P/S | 94.4 | — | — | — | — | — | 1.5 |
| P/B | -2.54 | — | — | — | — | — | — |
| EV/EBITDA | -20.2 | — | — | — | — | — | -2.01 |
| EV/Sales | 92.7 | — | — | — | — | — | 4.1 |
| Earnings yield | — | — | — | — | — | — | 43.9% |
| FCF yield | -6.76% | — | — | — | — | — | 13.3% |
| PEG | — | — | — | — | — | — | -2.42 |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Gross margin | 65.5% | 54.8% | -9.4% | 29.7% | 72.4% | 24.4% | -79.7% |
| Operating margin | -546.9% | -704% | -824.9% | -335.9% | -71.1% | -230.9% | -492.2% |
| Net margin | -1.5K% | -469.3% | 79% | -862% | -106.8% | -345.4% | 24.4% |
| ROE | 39.2% | -100.7% | 7.14% | -479.2% | -655.1% | 241% | 241.2% |
| ROA | -48.3% | -24.2% | 3.54% | -136.4% | -43.6% | -85.5% | -30.9% |
| ROIC | 14.1% | -161% | -59.1% | -72% | -50.1% | 1.8K% | 1.8K% |
| Return on tangible assets | 313.8% | 127% | -17.7% | -183.1% | -58.2% | -118.9% | -118.9% |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Current ratio | 2.7 | 2.25 | 0.54 | 0.29 | 0.38 | 0.15 | 0.15 |
| Quick ratio | 2.56 | 1.89 | 0.45 | 0.21 | 0.28 | 0.15 | 0.15 |
| Debt / equity | -0.06 | 0.31 | 0.33 | 1.6 | 7.79 | -1.07 | -0.02 |
| Debt / assets | 0.07 | 0.08 | 0.16 | 0.45 | 0.52 | 0.38 | 0.38 |
| Net debt / EBITDA | 0.36 | 0.04 | -0.37 | -0.88 | -1.69 | -0.53 | -0.53 |
| Interest coverage | -89.5 | -30.6 | — | -64.1 | -8.24 | -12.6 | -12.6 |
| Effective tax rate | 0% | 0% | 0.09% | 0% | 0% | 0% | 0% |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Revenue per share | 1.17 | 3.18 | 1.28 | 12.8 | 2.48 | — | 1.04 |
| EPS (basic) | -17 | -14.9 | 1.01 | -110.2 | -2.64 | — | — |
| EPS (diluted) | -17 | -14.9 | 0.95 | -110.2 | -2.64 | — | -3.59 |
| Book value per share | -43.4 | 14.8 | 14.2 | 23 | 0.4 | — | -1.32 |
| FCF per share | -7.43 | -17.3 | -10.2 | -24 | -0.3 | — | 0.19 |
| Cash per share | 4.43 | 5.55 | 1 | 0.13 | 0.03 | — | 0.21 |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Capex / revenue | — | — | — | — | — | 0% | 0% |
| Capex / operating cash flow | — | — | — | — | — | 0% | 0% |
| Payout ratio | — | — | — | — | — | -6.43% | 0% |
| — |
| FY20 | — | -$17 | — | — | $14.3M | — |
| Q2 24 |
|---|
| Q3 24 |
|---|
| Q4 24 |
|---|
| Q1 25 |
|---|
| Q2 25 |
|---|
| Q3 25 |
|---|
| Q4 25 |
|---|
| Revenue | $3.9M | $2.9M | $3.8M | $12.1M | $14.7M | $12.1M | $9.3M | $18.1M | $11.4M | $5.7M | $5.3M | $4.1M |
| YoY change | -33.7% | -22.2% | -8.44% | +193.3% | +273.1% | +312.2% | +145.5% | +49.7% | -22.2% | -52.6% | -43.2% | -77.4% |
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 | 54.3M | 37.2M | 14M | 227K | 738K | 6.2M |
| Receivables | 1.1M | 2.7M | 4.5M | 10M | 13.6M | 4.7M |
| Inventory | 3.9M | 9.5M | 5.3M | 5.8M | 5.4M | 571K |
| Total current assets | 72.2M | 59.1M | 33.5M | 19.8M | 20.6M | 12.3M |
| Property, plant & equipment | 77.6M | 78.1M | 88.7M | 78.8M | 72.4M | 66.5M |
| Goodwill & intangibles | 497.4M | 493M | 481.4M | 36.7M | 33.2M | 30.2M |
| Total assets | 431M | 414.1M | 401.1M | 143.9M | 132.7M | 107.3M |
| Accounts payable | 5.4M | 9.3M | 5.8M | 14.1M | 23.3M | 26.4M |
| Short-term debt | 3M | 3.1M | 37.6M | 39.2M | 6.4M | 14M |
| Total current liabilities | 26.7M | 26.2M | 62.1M | 67.3M | 53.7M | 80.8M |
| Long-term debt | 27.6M | 28.1M | 28M | 26.2M | 62.5M | 26.9M |
| Total liabilities | 962.4M | 314.7M | 202.2M | 102.9M | 123.8M | 145.4M |
| Shareholders' equity | -531.4M | 99.4M | 198.9M | 41M | 8.8M | -38.1M |
| Total debt | 30.6M | 31.1M | 65.6M | 65.4M | 68.8M | 40.9M |
| Net debt | -23.7M | -6.1M | 51.6M | 65.2M | 68.1M | 34.7M |
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 | Q1 23 | Q2 23 | Q3 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 8.5M | 3.1M | 273K | 227K | 1.9M | 467K | 133K | 738K | 293K | 863K | 120K | 6.2M |
| Receivables | 3M | 2.8M | 4.1M | 10M | 13.8M | 13.5M | 8.8M | 13.6M | 15M | 11.2M | 6.7M | 4.7M |
| Inventory | 5.5M | 5.7M | 4.9M | 5.8M | 3.7M | 2.9M | 4M | 5.4M | 6.2M | 4.4M | 2.6M | 571K |
| Total current assets | 25M | 18M | 16.5M | 19.8M | 22.9M | 17.7M | 14.5M | 20.6M | 22.1M | 17.3M | 10.6M | 12.3M |
| Property, plant & equipment | 87.1M | 85.7M | 81.7M | 78.8M | 77.2M | 75.6M | 74.1M | 72.4M | 70.9M | 69.4M | 68M | 66.5M |
| Goodwill & intangibles | 421M | 204.3M | 37.8M | 36.7M | 35.6M | 34.7M | 33.9M | 33.2M | 32.5M | 31.7M | 31M | 30.2M |
| Total assets | 362.4M | 246.4M | 157.2M | 143.9M | 143.8M | 135.5M | 128.8M | 132.7M | 128.9M | 120.3M | 114.2M | 107.3M |
| Accounts payable | 8.8M | 12.4M | 12.9M | 14.1M | 13M | 13.7M | 15.4M | 23.3M | 23.3M | 24.4M | 24.6M | 26.4M |
| Short-term debt | 30.9M | 16.8M | 35M | 39.2M | 39.8M | 41M | 42.6M | 6.4M | 6.7M | 6.9M | 5.7M | 14M |
| Total current liabilities | 66.5M | 65M | 84.6M | 67.3M | 66M | 67.9M | 76.2M | 53.7M | 58.7M | 69.2M | 65.3M | 80.8M |
| Long-term debt | 32.8M | 45.1M | 26.1M | 26.2M | 26.3M | 26.4M | 26.5M | 62.5M | 63.1M | 63.2M | 61M | 26.9M |
| Total liabilities | 206.8M | 127.9M | 126.9M | 102.9M | 112.6M | 107.7M | 111.6M | 123.8M | 134.4M | 145.8M | 134.3M | 145.4M |
| Shareholders' equity | 155.6M | 118.5M | 30.2M | 41M | 31.2M | 27.8M | 17.3M | 8.8M | -5.5M | -25.5M | -20.1M | -38.1M |
| Total debt | 63.7M | 61.9M | 61.1M | 65.4M | 66.1M | 67.4M | 69.1M | 68.8M | 69.8M | 70.2M | 66.8M | 40.9M |
| Net debt | 55.2M | 58.9M | 60.8M | 65.2M | 64.2M | 66.9M | 68.9M | 68.1M | 69.5M | 69.3M | 66.6M | 34.7M |
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 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|
| Net income | -208.2M | -100.1M | 14.2M | -196.3M | -57.9M | -91.7M |
| Depreciation & amortization | 8.2M | 8.8M | 9.4M | 9.3M | 7.9M | 7.3M |
| Stock-based compensation | 4.4M | 40M | 15.9M | 15M | 11.7M | 10.4M |
| Change in working capital | 9.2M | -12.3M | -22.7M | 2.6M | 12.2M | 20.2M |
| Operating cash flow | -250.4M | -98.2M | -106.9M | -261.7M | -20.7M | -13.3M |
| Capital expenditure | — | — | — | — | — | 0 |
| Investing cash flow | 15M | 300K | — | — | 675K | 0 |
| Dividends paid | — | — | — | — | — | -5.9M |
| Share repurchases | -256K | 0 | — | — | — | — |
| Financing cash flow | 101.9M | 87.5M | 119M | 7M | -25.9M | -1.9M |
| Net change in cash | -133.5M | -10.3M | 12.1M | -254.7M | -45.9M | -15.1M |
| Free cash flow | -91M | -116.3M | -143.1M | -42.7M | -6.6M | -13.3M |
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 | Q1 25 | Q2 25 | Q3 25 | Q4 25 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income | -64M | -47.9M | -93.9M | 9.5M | -22M | -6.5M | -16.1M | -13.3M | -19.8M | -24.5M | -23.1M | -24.4M |
| Depreciation & amortization | 2.4M | 2.3M | 2.3M | 2.3M | 2.2M | 2M | 1.9M | 1.9M | 1.8M | 1.8M | 1.8M | 1.8M |
| Stock-based compensation | 4M | 3.9M | 3.6M | 3.6M | 3M | 3M | 2.7M | 3.1M | 2.6M | 2.4M | 2M | 3.3M |
| Change in working capital | 1.8M | 3M | 1.5M | -3.7M | -1.8M | 3.2M | 7.2M | 3.8M | 1.3M | 8.7M | 6.2M | 4.2M |
| Operating cash flow | -69.4M | -120.4M | -86.7M | 14.4M | -17M | 2.6M | -2.7M | -3.3M | -3M | -999K | -4.2M | -5.1M |
| Capital expenditure | — | — | — | — | — | — | — | — | 0 | 0 | 0 | 0 |
| Investing cash flow | — | — | — | — | — | — | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | 0 |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | 10.8M | -9.6M | 4.7M | -14K | -26.2M | -180K | -85K | 545K | 2.3M | 1.6M | -38K | 177K |
| Net change in cash | -58.5M | -130M | -81.9M | 14.4M | -43.2M | 2.4M | -2.8M | -2.8M | -715K | 597K | -4.2M | -4.9M |
| Free cash flow | -18.2M | -11.1M | -8.6M | -4.9M | -4.4M | -3.5M | -179K | 1.5M | -3M | -999K | -4.2M | -5.1M |