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 % |
|---|---|---|---|---|---|---|
| Q3 23 | -$2.1 | -$3.25 | -54.8% | — | $3.8M | — |
| Q2 23 | -$2.7 | -$2.4 | +11.1% | — | $5M | — |
| Q1 23 | -$4.5 | -$2.7 | +40.0% | — | $4M | — |
| Q4 22 | -$4.5 | -$21 | -366.7% | — | $4.6M | — |
| Q3 22 | -$5.2 | -$14.4 | -176.9% | — | $2.9M | — |
| Q2 22 | -$6.9 | -$6.09 | +11.7% | — | $4.1M | — |
| Q1 22 | -$16.5 | -$10.2 | +38.2% | — | $5M | — |
| Q4 21 | -$18.6 | -$6.36 | +65.8% | — | $4.2M | — |
| Q3 21 | -$12 | -$2.77 | +76.9% | — | $4M | — |
| Q2 21 | -$10.9 | -$10.5 | +4.1% | — | $3.7M | — |
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 % |
|---|---|---|---|---|---|---|
| FY23 | — | — | — | — | $17.4M | — |
| FY22 | — | -$51.7 | — | — | $16.4M | — |
| FY21 | — | -$53.4 | — | — | $15.4M | — |
| FY20 | — | -$44.2 | — | — | $12.1M | — |
| FY19 | — | -$55.6 | — | — | $7.8M |
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 |
|---|---|---|---|---|---|
| Revenue | $7.8M | $12.1M | $15.4M | $16.4M | $17.4M |
| YoY change | — | +54.7% | +26.9% | +6.74% | +6.14% |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | Q1 21 | Q2 21 | Q3 21 | Q4 21 | Q1 22 | Q2 22 | 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 | FY19 | FY20 | FY21 | FY22 | FY23 |
|---|---|---|---|---|---|
| Revenue | 7.8M | 12.1M | 15.4M | 16.4M | 17.4M |
| Cost of revenue | 4.7M | 4.7M | 8.6M | 9.2M | 10.9M |
| Gross profit | 3.1M | 7.4M | 6.8M | 7.2M | 6.6M |
| Gross margin | 39.6% | 61.2% | 44.3% | 44% | 37.6% |
| Research & development | — | 1M | 1.5M | 1.7M | 1.1M |
| Selling, general & administrative | 38.2M | 31.4M | 42.2M | 25.7M | 20M |
| Operating expenses | 38.2M | 32.4M | 43.7M | 27.4M | 21.2M |
| Operating income | -36.5M | -26.8M | -38.7M | -21.5M | -15.6M |
| Operating margin | -466.4% | -221.6% | -251.7% | -130.8% | -89.5% |
| Non-operating income, net | -6.7M | 5.4M | 836K | -20M | -4.1M |
| Pretax income | -45.9M | -25.9M | -44.7M | -44.1M | -19.7M |
| Income tax | 0 | 0 | 950K | -6.4M | 68K |
| Net income | -46M | -25.9M | -45.7M | -66.2M | -17.9M |
| Net margin | -586.9% | -213.7% | -297.4% | -403.2% | -102.8% |
| EBITDA | -35.6M | -23M | -34.7M | -18M | -12.8M |
| EPS | -55.6 | -44.2 | -53.4 | -51.7 | — |
| Diluted EPS | -55.6 | -44.2 | -53.4 | -51.7 | — |
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | Q1 21 | Q2 21 | Q3 21 | Q4 21 | Q1 22 | Q2 22 | Q3 22 | Q4 22 | Q1 23 | Q2 23 | Q3 23 | Q4 23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 3.5M | 3.7M | 4M | 4.2M | 5M | 4.1M | 2.9M | 4.6M | 4M | 5M | 3.8M | 4.6M |
| Cost of revenue | 1.3M | 1.9M | 2.1M | 4.5M | 2.4M | 1.6M | 1.6M | 3.9M | 1.7M | 2.3M | 1.9M | 5M |
| Gross profit | 2.1M | 1.8M | 1.9M | -291K | 2.6M | 2.5M | 1.3M | 708K | 2.2M | 2.7M | 1.9M | -346K |
| Gross margin | 61.5% | 48.1% | 47.9% | -6.94% | 51.4% | 60.5% | 45.3% | 15.3% | 56.2% | 54.7% | 50.8% | -7.46% |
| Research & development | 278K | 305K | 454K | — | 412K | 359K | 343K | 605K | 212K | 403K | 292K | 233K |
| Selling, general & administrative | 9.1M | 10.5M | 10.8M | 9.5M | 7.7M | 7.2M | 6.1M | 5.3M | 5.9M | 5.3M | 4.7M | 4.1M |
| Operating expenses | 9.3M | 10.8M | 11.3M | 9.5M | 8.1M | 7.5M | 6.4M | 5.9M | 6.1M | 5.7M | 5M | 4.3M |
| Operating income | -7.8M | -9.6M | -9.7M | -11.6M | -5.9M | -5.3M | -5.4M | -5.7M | -4.1M | -3.2M | -3.4M | -4.9M |
| Operating margin | -223.4% | -261.5% | -240.2% | -277.6% | -116.6% | -130.4% | -188.6% | -122.9% | -103.8% | -63.7% | -88.4% | -105.9% |
| Non-operating income, net | -5M | 1.6M | 11.2M | -6.9M | -5.8M | 7.8M | -19.5M | -22.9M | -38K | -51K | -3.9M | -111K |
| Pretax income | -13.8M | -8.9M | 1M | -23M | -13.8M | 1.9M | -24.8M | -28.5M | -4.2M | -3.3M | -7.3M | -5M |
| Income tax | 0 | — | 0 | — | — | — | -6.7M | 296K | — | — | 0 | 68K |
| Net income | -13.8M | -9M | 995K | -24M | -16.1M | -1M | -20.2M | -28.8M | -4.1M | -3.6M | -5.1M | -5.1M |
| Net margin | -395.9% | -243.9% | 24.7% | -572.2% | -320.2% | -25.5% | -703.3% | -624.5% | -102.6% | -72.2% | -134.5% | -109.6% |
| EBITDA | -6.4M | -8.5M | -10.2M | -9.6M | -4.9M | -4.3M | 15.1M | -5M | -3.5M | -2.5M | -2.2M | -4.5M |
| EPS | -16.5 | -10.5 | 1.2 | — | -17.4 | -0.9 | -14.3 | — | -2.7 | -2.4 | -3.25 | — |
| Diluted EPS | -16.5 | -10.5 | 1.2 | — | -17.4 | -0.9 | -14.3 | — | -2.7 | -2.4 | -3.25 | — |
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 | Current |
|---|---|---|---|---|---|---|
| Market cap | — | 221.5M | 79.6M | — | — | 175 |
| Enterprise value | — | 176.2M | 67.5M | — | — | -4.7M |
| Shares outstanding | 826.9K | 829.4K | 856.3K | 1.3M | — | — |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | Current |
|---|---|---|---|---|---|---|
| P/S | — | 18.3 | 5.18 | — | — | 0 |
| P/B | — | 2.33 | 1.09 | — | — | 0 |
| EV/EBITDA | — | -7.67 | -1.95 | — | — | 0.36 |
| EV/Sales | — | 14.5 | 4.39 | — | — | -0.27 |
| FCF yield | — | -11.6% | -54.6% | — | — | -1.3M% |
| PEG | — | — | — | — | — | -0 |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | Current |
|---|---|---|---|---|---|---|
| Gross margin | 39.6% | 61.2% | 44.3% | 44% | 37.6% | -7.46% |
| Operating margin | -466.4% | -221.6% | -251.7% | -130.8% | -89.5% | -105.9% |
| Net margin | -586.9% | -213.7% | -297.4% | -403.2% | -102.8% | -102.8% |
| ROE | -91.6% | -27.2% | -62.8% | -163.7% | -73.9% | -61.3% |
| ROA | -48% | -15.6% | -39.4% | -127% | -57.3% | -23.4% |
| ROIC | -50.8% | -53.7% | -63.8% | -67.5% | -80.1% | -80.1% |
| Return on tangible assets | -1.1K% | -32.2% | -65.4% | -145.8% | -69% | -69% |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | Current |
|---|---|---|---|---|---|---|
| Current ratio | 3.85 | 3.18 | 2.22 | 2.78 | 2.4 | 2.4 |
| Quick ratio | 2.97 | 2.84 | 1.65 | 1.89 | 1.63 | 1.63 |
| Debt / equity | 0.67 | 0.36 | 0.34 | 0.1 | 0.09 | 0.09 |
| Debt / assets | 0.35 | 0.2 | 0.22 | 0.07 | 0.07 | 0.07 |
| Net debt / EBITDA | -0.61 | 1.97 | 0.35 | 0.48 | 0.37 | 0.37 |
| Interest coverage | -16.1 | -4.81 | -5.55 | -15.5 | -427.9 | -427.9 |
| Effective tax rate | 0% | 0% | 0% | 0% | 0% | 0% |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | Current |
|---|---|---|---|---|---|---|
| Revenue per share | 9.47 | 14.6 | 18 | 12.8 | — | 11.1 |
| EPS (basic) | -55.6 | -44.2 | -53.4 | -51.7 | — | — |
| EPS (diluted) | -55.6 | -44.2 | -53.4 | -51.7 | — | -2.11 |
| Book value per share | 60.7 | 114.8 | 85 | 31.6 | — | 14 |
| FCF per share | -67.4 | -30.9 | -50.8 | -23.7 | — | -1.3 |
| Cash per share | 14.6 | 95.4 | 43.5 | 9.73 | — | 3.89 |
| Capex per share | 22.6 | 4.42 | — | — | — | — |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | Current |
|---|---|---|---|---|---|---|
| Capex / revenue | 238.4% | 30.2% | — | — | — | 31.4% |
| Capex / operating cash flow | -46.2% | -21.1% | — | — | — | -42.6% |
| Payout ratio | — | — | — | — | — | 0% |
| — |
| Q1 23 |
|---|
| Q2 23 |
|---|
| Q3 23 |
|---|
| Q4 23 |
|---|
| Revenue | $3.5M | $3.7M | $4M | $4.2M | $5M | $4.1M | $2.9M | $4.6M | $4M | $5M | $3.8M | $4.6M |
| YoY change | +19.3% | +89.4% | +2.91% | +25.3% | +45% | +11.7% | -28.9% | +10% | -21.1% | +21.5% | +33.2% | +0.52% |
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 |
|---|---|---|---|---|---|
| Cash & short-term investments | 12M | 79.1M | 37.2M | 12.4M | 6.8M |
| Receivables | 526K | 1.7M | 2.2M | 2.3M | 907K |
| Inventory | 5.4M | 10.2M | 15.4M | 8.4M | 4.5M |
| Total current assets | 23.5M | 95.8M | 60.4M | 26.2M | 13.9M |
| Property, plant & equipment | 19.1M | 17.2M | 17.6M | 7.6M | 5.3M |
| Goodwill & intangibles | 91.4M | 85.6M | 46.2M | 6.7M | 5.3M |
| Total assets | 95.7M | 165.9M | 116.2M | 52.1M | 31.2M |
| Accounts payable | 3.4M | 4.4M | 4M | 2.3M | 2.1M |
| Short-term debt | — | 880K | 17.5M | 1.7M | 884K |
| Total current liabilities | 6.1M | 30.1M | 27.2M | 9.4M | 5.8M |
| Long-term debt | 33.7M | 33M | 7.6M | 2.2M | 1.2M |
| Total liabilities | 45.5M | 70.6M | 43.4M | 11.7M | 7M |
| Shareholders' equity | 50.2M | 95.3M | 72.8M | 40.4M | 24.2M |
| Total debt | 33.7M | 33.8M | 25.1M | 3.9M | 2.1M |
| Net debt | 21.7M | -45.3M | -12.1M | -8.6M | -4.7M |
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 21 | Q2 21 | Q3 21 | Q4 21 | Q1 22 | Q2 22 | Q3 22 | Q4 22 | Q1 23 | Q2 23 | Q3 23 | Q4 23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 68.7M | 56.6M | 45.8M | 37.2M | 44.3M | 19M | 17.2M | 12.4M | 6.4M | 5.1M | 6.5M | 6.8M |
| Receivables | 1.7M | 1.6M | 2.2M | 2.2M | 2.6M | 3.4M | 2.6M | 2.3M | 2.6M | 2.6M | 1.7M | 907K |
| Inventory | 11.6M | 13.1M | 14.1M | 15.4M | 16.2M | 16.7M | 16.7M | 8.4M | 8M | 7.5M | 7.7M | 4.5M |
| Total current assets | 87.4M | 77.5M | 68.1M | 60.4M | 69.2M | 44.3M | 40.5M | 26.2M | 21.1M | 18.4M | 17.9M | 13.9M |
| Property, plant & equipment | -3.9M | -4.4M | 21.3M | 17.6M | 18.2M | 16.5M | 15.5M | 7.6M | 7M | 6.3M | 5.8M | 5.3M |
| Goodwill & intangibles | 84.8M | 84M | 83.6M | 46.2M | 45.9M | 45.5M | 7.1M | 6.7M | 6.3M | 6M | 5.6M | 5.3M |
| Total assets | 158.7M | 149.8M | 141.1M | 116.2M | 127.2M | 105.5M | 81.4M | 52.1M | 46.2M | 42.8M | 37.8M | 31.2M |
| Accounts payable | 3.4M | 3.3M | 2.9M | 4M | 4.4M | 3.2M | 2.3M | 2.3M | 1.8M | 2.3M | 2.1M | 2.1M |
| Short-term debt | — | 27.1M | 13M | 17.5M | 18M | 2M | 2M | 1.7M | 1.1M | 1.1M | 989K | 884K |
| Total current liabilities | 31M | 56.6M | 32.6M | 27.2M | 27.5M | 8.6M | 8.2M | 9.4M | 7.8M | 7.6M | 6.8M | 5.8M |
| Long-term debt | 35.2M | 6.6M | 13.1M | 7.6M | 8.4M | 3.5M | 2.9M | 2.2M | 1.6M | 1.3M | 1.2M | 1.2M |
| Total liabilities | 74.2M | 71M | 53.5M | 43.4M | 44.8M | 20.9M | 11.9M | 11.7M | 9.5M | 8.9M | 8.1M | 7M |
| Shareholders' equity | 84.4M | 78.8M | 87.7M | 72.8M | 82.4M | 84.6M | 69.5M | 40.4M | 36.8M | 33.9M | 29.7M | 24.2M |
| Total debt | 35.2M | 33.7M | 26.1M | 25.1M | 26.4M | 5.5M | 4.9M | 3.9M | 2.7M | 2.4M | 2.2M | 2.1M |
| Net debt | -33.5M | -22.9M | -19.7M | -12.1M | -17.9M | -13.5M | -12.3M | -8.6M | -3.7M | -2.6M | -4.3M | -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 |
|---|---|---|---|---|---|
| Net income | -46M | -25.9M | -45.7M | -66.2M | -17.9M |
| Depreciation & amortization | 1.5M | 3.6M | 3.5M | 3.7M | 2.8M |
| Stock-based compensation | 1.5M | 1.7M | 11.5M | 2.3M | 818K |
| Change in working capital | 2M | -554K | -14.2M | -8.9M | -573K |
| Operating cash flow | -40.4M | -17.4M | -36.2M | -29.1M | -11.5M |
| Capital expenditure | -18.7M | -3.7M | — | — | — |
| Investing cash flow | -35.7M | -3.7M | 0 | 5M | 4.7M |
| Dividends paid | — | — | — | — | — |
| Share repurchases | 0 | -6.3M | 0 | — | — |
| Financing cash flow | 62.7M | 91.8M | 414K | 3.3M | 656K |
| Net change in cash | -13.4M | 70.8M | -35.8M | -20.8M | -6.1M |
| Free cash flow | -55.7M | -25.6M | -43.5M | -30.4M | -11.5M |
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 | Q1 21 | Q2 21 | Q3 21 | Q4 21 | Q1 22 | Q2 22 | Q3 22 | Q4 22 | Q1 23 | Q2 23 | Q3 23 | Q4 23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income | -13.8M | -9M | 995K | -24M | -16.1M | -1M | -20.2M | -28.8M | -4.1M | -3.6M | -5.1M | -5.1M |
| Depreciation & amortization | 795K | 582K | 438K | 1.7M | 896K | 1.1M | 1.1M | 737K | 623K | 619K | 1.2M | 432K |
| Stock-based compensation | 1.6M | 3.3M | 3.3M | 3.3M | 500K | 1.1M | 958K | -263K | 468K | 433K | 53K | -136K |
| Change in working capital | -5.3M | -1.9M | -3.3M | -5.2M | -3M | -3.4M | -3.8M | 695K | -1.7M | -83K | 82K | 2.8M |
| Operating cash flow | -16.3M | -8M | 2.6M | -19.9M | -11.7M | -2.1M | -21.7M | -5.6M | -5M | -2M | -3.8M | -1.9M |
| Capital expenditure | -2.2M | -2.1M | -1.6M | -1.3M | -1.2M | -386K | -255K | 550K | -35K | -44K | 2.7M | -2.7M |
| Investing cash flow | -2.2M | -2.1M | -1.6M | -1.3M | -1.2M | -386K | -255K | 550K | -35K | -44K | 2.7M | -2.7M |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | 0 | 0 | — | — | — | — | — | — | — | — |
| Financing cash flow | 1.2M | -1.1M | -585K | 883K | 18.7M | -19M | 3.9M | -250K | -107K | 165K | 760K | -162K |
| Net change in cash | -17.2M | -11.2M | 393K | -20.4M | 5.7M | -21.5M | -18.1M | -5.3M | -5.2M | -1.9M | -352K | -4.8M |
| Free cash flow | -12.8M | -11M | -10.3M | -9.4M | -11.6M | -8.6M | -5.6M | -4.5M | -6.1M | -1.7M | -2.3M | -1.4M |