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 % |
|---|---|---|---|---|---|---|
| Q2 23 | -$1.47 | -$1.77 | -20.4% | — | $6.1M | — |
| Q1 23 | -$0.16 | -$0.7 | -337.5% | — | $5.2M | — |
| Q4 22 | -$0.15 | -$0.14 | +6.7% | — | $4.9M | — |
| Q3 22 | -$3.2 | -$3 | +6.3% | — | $4.1M | — |
| Q2 22 | -$0.14 | -$0.15 | -7.1% | — | $3.8M | — |
| Q1 22 | -$0.15 | -$0.12 | +20.0% | — | $2.3M | — |
| Q4 21 | -$2 | -$2.8 | -40.0% | — | $2M | — |
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 | — | -$6.97 | — | — | $23.2M | — |
| FY22 | — | -$13.2 | — | — | $15M | — |
| FY21 | — | -$9.2 | — | — | $7.2M | — |
| FY20 | — | -$5.8 | — | — | $3.6M | — |
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 |
|---|---|---|---|---|
| Revenue | $3.6M | $7.2M | $15M | $23.2M |
| YoY change | — | +101.7% | +108% | +54.3% |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | Q4 21 | Q1 22 | Q2 22 | Q3 22 | Q4 22 | Q1 23 | Q2 23 | Q3 23 | Q4 23 | Q1 24 | Q2 24 | Q3 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 |
|---|---|---|---|---|
| Revenue | 3.6M | 7.2M | 15M | 23.2M |
| Cost of revenue | 3.5M | 7M | 15.2M | 21.8M |
| Gross profit | 42.2K | 206.7K | -173.5K | 1.4M |
| Gross margin | 1.18% | 2.86% | -1.15% | 5.9% |
| Research & development | — | — | — | — |
| Selling, general & administrative | 5.1M | — | 15.5M | 9.1M |
| Operating expenses | 11.6M | 8.1M | 28.2M | 9.1M |
| Operating income | -6.9M | -8.8M | -17.5M | -8.8M |
| Operating margin | -193.3% | -121.2% | -116.2% | -38% |
| Non-operating income, net | -350K | 161.6K | -5.3K | 37.6K |
| Pretax income | -7.3M | -9.4M | -17.5M | -10.5M |
| Income tax | 0 | 0 | 0 | — |
| Net income | -7.3M | -9.4M | -17.5M | -10.5M |
| Net margin | -202.3% | -129.7% | -116.4% | -45.1% |
| EBITDA | -6.5M | -7.7M | -15.6M | -7.4M |
| EPS | -5.8 | -9.2 | -13.2 | -6.97 |
| Diluted EPS | -5.8 | -9.2 | -13.2 | -6.97 |
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | Q4 21 | Q1 22 | Q2 22 | Q3 22 | Q4 22 | Q1 23 | Q2 23 | Q3 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2M | 2.3M | 3.8M | 4.1M | 4.9M | 5.2M | 6.1M | 6.2M | 5.7M | 6.6M | 7.4M | 7M |
| Cost of revenue | 2M | 2.3M | 3.8M | 4.2M | 4.9M | 5.1M | 5.6M | 5.8M | 5.3M | 6.1M | 6.8M | 6.4M |
| Gross profit | 28.3K | 15.9K | -1.4K | -116.8K | -71.2K | 162.6K | 484.4K | 349.7K | 374.2K | 461.8K | 550.8K | 606.8K |
| Gross margin | 1.42% | 0.68% | -0.04% | -2.85% | -1.47% | 3.11% | 7.9% | 5.67% | 6.58% | 7% | 7.45% | 8.69% |
| Research & development | — | — | — | — | — | — | — | — | — | — | — | — |
| Selling, general & administrative | — | — | 3.4M | 3.5M | — | 2.2M | 2.4M | 1.7M | 2.8M | 1.5M | 1.8M | 2M |
| Operating expenses | 3.4M | 2.9M | 6.8M | 7M | 2.8M | 4.4M | 2.4M | 1.7M | 2.8M | 1.5M | 1.8M | 2M |
| Operating income | -3.7M | -3.3M | -3.9M | -4.1M | -3.4M | -2.3M | -2.2M | -1.6M | -2.7M | -1.3M | -1.5M | -1.6M |
| Operating margin | -182.8% | -139.7% | -103% | -99.6% | -69.6% | -44.1% | -35.3% | -26.2% | -48.2% | -19.8% | -20.5% | -23.1% |
| Non-operating income, net | 6.9K | — | — | — | — | — | -308.2K | — | 64.8K | 63.8K | 60.5K | -860.7K |
| Pretax income | -3.7M | -3.3M | -3.9M | -4.1M | -6.3M | -2.3M | -2.5M | -2.2M | -3.4M | -1.9M | -3.4M | -8.1M |
| Income tax | 0 | 0 | 0 | 0 | 0 | 0 | — | — | — | — | — | — |
| Net income | -3.7M | -3.3M | -3.9M | -4.1M | -6.3M | -2.3M | -2.5M | -2.2M | -3.4M | -1.9M | -3.4M | -8.1M |
| Net margin | -182.9% | -139.6% | -103.1% | -99.6% | -129.5% | -44.9% | -40.3% | -36.1% | -60.2% | -28.8% | -45.4% | -115.6% |
| EBITDA | -3.4M | -2.9M | -3.3M | -3.6M | -5.8M | -2M | -2.1M | -1.3M | -2.3M | -887.2K | -1.1M | -1.2M |
| EPS | -2.8 | -2.45 | -2.95 | -3 | -4.8 | -1.75 | -1.78 | -0.58 | — | -1.13 | -1.67 | -1.95 |
| Diluted EPS | -2.8 | -2.45 | -2.95 | -3 | -4.8 | -1.75 | -1.78 | -0.58 | — | -1.13 | -1.67 | -1.95 |
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 | — | — | — | — | — | 1.6M |
| Enterprise value | — | — | — | — | — | 8.1M |
| Shares outstanding | — | 1.3M | 1M | 1.3M | 1.5M | 1.5M |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | Current |
|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | -0.12 |
| P/S | — | — | — | — | — | 0.07 |
| P/B | — | — | — | — | — | 1 |
| EV/EBITDA | — | — | — | — | — | -1.1 |
| EV/Sales | — | — | — | — | — | 0.35 |
| Earnings yield | — | — | — | — | — | -819.7% |
| FCF yield | — | — | — | — | — | -318.6% |
| PEG | — | — | — | — | — | -0 |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | Current |
|---|---|---|---|---|---|---|
| Gross margin | — | 1.18% | 2.86% | -1.15% | 5.9% | 8.69% |
| Operating margin | — | -193.3% | -121.2% | -116.2% | -38% | -37.7% |
| Net margin | — | -202.3% | -129.7% | -116.4% | -45.1% | 5.9% |
| ROE | — | 489.6% | -42.9% | -302.6% | 549.4% | 549.4% |
| ROA | — | -258.4% | -40.9% | -165.2% | -183.2% | -183.2% |
| ROIC | — | 851.1% | -161.8% | -339.2% | — | — |
| Return on tangible assets | — | -1.2K% | -57.7% | -165.2% | -183.2% | -298.2% |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | Current |
|---|---|---|---|---|---|---|
| Current ratio | — | 0.34 | 22.8 | 1.65 | 0.25 | 1.94 |
| Quick ratio | — | 0.33 | 22.7 | 1.6 | 0.23 | 1.86 |
| Debt / equity | — | -1.05 | 0.02 | 0.61 | -3.52 | 0 |
| Debt / assets | — | 0.55 | 0.02 | 0.34 | 1.17 | 0.19 |
| Net debt / EBITDA | — | -0.1 | 2.13 | 0.04 | -0.88 | -0.05 |
| Interest coverage | — | -21.6 | -11.1 | -176.1 | -5.09 | -0.88 |
| Effective tax rate | — | 0% | 0% | 0% | — | — |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | Current |
|---|---|---|---|---|---|---|
| Revenue per share | — | 2.87 | 7.16 | 11.4 | 15.5 | 15.5 |
| EPS (basic) | — | -5.8 | -9.2 | -13.2 | -6.97 | -6.97 |
| EPS (diluted) | — | -5.8 | -9.2 | -13.2 | -6.97 | -6.97 |
| Book value per share | — | -1.19 | 21.7 | 4.38 | -1.27 | 0.85 |
| FCF per share | — | -1.31 | -8.24 | -11.3 | -4.43 | -1.12 |
| Cash per share | — | 0.71 | 16.8 | 3.17 | 0.15 | 0.2 |
| Capex per share | — | 0.02 | 1.98 | 2.47 | 0.03 | 0.01 |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | Current |
|---|---|---|---|---|---|---|
| Capex / revenue | — | 0.67% | 27.6% | 21.7% | 0.17% | 0.22% |
| Capex / operating cash flow | — | -1.63% | -31% | -23.9% | -0.59% | -0.96% |
| Revenue | $2M | $2.3M | $3.8M | $4.1M | $4.9M | $5.2M | $6.1M | $6.2M | $5.7M | $6.6M | $7.4M | $7M |
| YoY change | +77.4% | +53.8% | +102.9% | +119.5% | +143.2% | +123.6% | +63.3% | +50.6% | +17.1% | +26.1% | +20.7% | +13.3% |
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 | 32.1K | 882.9K | 16.9M | 4.2M | 227K |
| Receivables | 25.5K | 193.6K | 100.2K | 766.7K | 1.2M |
| Inventory | 36.6K | 41.1K | 46.3K | 151.2K | 134.1K |
| Total current assets | 124.4K | 1.3M | 17.3M | 5.4M | 1.8M |
| Property, plant & equipment | 336.3K | 428.6K | 2.3M | 5.1M | 3.9M |
| Goodwill & intangibles | 1.5M | 2.2M | 6.7M | 0 | — |
| Total assets | 1.2M | 2.8M | 22.9M | 10.6M | 5.7M |
| Accounts payable | 59.4K | 215.6K | 491.6K | 987K | 845.3K |
| Short-term debt | 203.8K | 999.1K | 178.9K | 2M | 6.1M |
| Total current liabilities | 332.9K | 3.7M | 758.2K | 3.3M | 7M |
| Long-term debt | 428.1K | 551K | 297.4K | 1.5M | 638.6K |
| Total liabilities | 761K | 4.3M | 1.1M | 4.8M | 7.6M |
| Shareholders' equity | 437.5K | -1.5M | 21.9M | 5.8M | -1.9M |
| Total debt | 631.9K | 1.6M | 476.3K | 3.6M | 6.7M |
| Net debt | 599.8K | 667.2K | -13.1M | 1.5M | 6.5M |
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 | Q4 21 | Q1 22 | Q2 22 | Q3 22 | Q4 22 | Q1 23 | Q2 23 | Q3 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 16.9M | 13.9M | 10.2M | 7M | 4.2M | 1.5M | 1.4M | 405.2K | 227K | 48.6K | 306.8K | 828.2K |
| Receivables | 100.2K | 229.6K | 820.3K | 658.4K | 766.7K | 983.6K | 1M | 1.3M | 1.2M | 1.5M | 1.7M | 1.6M |
| Inventory | 46.3K | 70K | 166.2K | 137.5K | 151.2K | 146.1K | 130.3K | 183.3K | 134.1K | 154K | 103.5K | 102.7K |
| Total current assets | 17.3M | 14.4M | 11.8M | 8.1M | 5.4M | 3M | 2.8M | 2.3M | 1.8M | 2.2M | 2.3M | 2.7M |
| Property, plant & equipment | 2.3M | 4.3M | 5.8M | 5.7M | 5.1M | 4.7M | 4.4M | 4.1M | 3.9M | 3.6M | 3.2M | 2.9M |
| Goodwill & intangibles | 6.7M | 6.6M | 6.2M | 5.7M | 0 | — | — | — | — | — | — | — |
| Total assets | 22.9M | 22M | 20.7M | 16.6M | 10.6M | 7.8M | 7.2M | 6.4M | 5.7M | 5.8M | 5.5M | 5.6M |
| Accounts payable | 491.6K | 735.3K | 1M | 827.4K | 987K | 721.1K | 889.6K | 1.1M | 845.3K | 1.2M | 1.2M | 881.8K |
| Short-term debt | 178.9K | 795.3K | 1.8M | 2M | 2M | 2M | 3.2M | 4.2M | 6.1M | 7.2M | 8.4M | 425.4K |
| Total current liabilities | 758.2K | 1.6M | 3.1M | 3.1M | 3.3M | 2.8M | 4.2M | 5.4M | 7M | 8.6M | 9.8M | 1.4M |
| Long-term debt | 297.4K | 1.3M | 2M | 1.8M | 1.5M | 1.3M | 1.3M | 882.4K | 638.6K | 570.9K | 544.9K | 670.5K |
| Total liabilities | 1.1M | 3M | 5.1M | 4.9M | 4.8M | 4.1M | 5.4M | 6.3M | 7.6M | 9.2M | 10.4M | 2.1M |
| Shareholders' equity | 21.9M | 19.1M | 15.6M | 11.8M | 5.8M | 3.7M | 1.8M | 137.5K | -1.9M | -3.3M | -4.8M | 3.6M |
| Total debt | 476.3K | 2.1M | 3.8M | 3.8M | 3.6M | 3.3M | 4.4M | 5.1M | 6.7M | 7.8M | 8.9M | 1.1M |
| Net debt | -13.1M | -8.4M | -3.6M | -765.1K | 1.5M | 2.8M | 3.1M | 4.7M | 6.5M | 7.8M | 8.6M | 267.8K |
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 |
|---|---|---|---|---|
| Net income | -7.3M | -9.4M | -17.5M | -10.5M |
| Depreciation & amortization | 451.5K | 872.8K | 1.8M | 1.4M |
| Stock-based compensation | 4.6M | 1.9M | 1.4M | — |
| Change in working capital | 101.2K | 70.5K | -744.9K | -750.6K |
| Operating cash flow | -1.5M | -6.4M | -13.7M | -6.9M |
| Capital expenditure | -24.1K | -2M | -3.3M | 40.6K |
| Investing cash flow | -24.1K | -5.4M | -2.4M | 2.2M |
| Dividends paid | — | — | — | — |
| Share repurchases | — | — | — | — |
| Financing cash flow | 2.5M | 24.4M | 1.9M | 2.4M |
| Net change in cash | 980.6K | 12.6M | -14.2M | -2.4M |
| Free cash flow | -1.6M | -8.3M | -14.9M | -6.6M |
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 | Q4 21 | Q1 22 | Q2 22 | Q3 22 | Q4 22 | Q1 23 | Q2 23 | Q3 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income | -3.7M | -3.3M | -3.9M | -4.1M | -6.3M | -2.3M | -2.5M | -2.2M | -3.4M | -1.9M | -3.4M | -8.1M |
| Depreciation & amortization | 283.2K | 337.7K | 564.3K | 375.2K | 492.5K | 328.1K | 333.3K | 334.9K | 366.4K | 352.8K | 341.6K | 347.8K |
| Stock-based compensation | 684.5K | 470.7K | 402.1K | 272.7K | 266.8K | 192.1K | — | — | — | — | — | — |
| Change in working capital | 20.5K | -121.2K | -701.6K | 286.2K | -130.9K | -249.6K | -145.4K | -437.7K | 92K | -427.7K | -153.6K | -24.7K |
| Operating cash flow | -2.7M | -2.6M | -2.7M | -2.9M | -5.7M | -1.9M | -1.7M | -1.6M | -1.5M | -1.3M | -1.3M | -2.1M |
| Capital expenditure | -1.2M | -1.3M | -1.7M | -221.5K | -16.3K | 0 | 19.5K | 0 | 21.1K | -11.7K | 0 | -26.9K |
| Investing cash flow | -1.2M | -1.6M | -1.2M | 108.5K | 303.2K | 1.2M | 998.7K | 0 | 21.1K | -11.7K | 0 | -26.9K |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | 376.3K | 933.3K | 1.5M | -158.8K | -198.3K | -199.7K | 2.7M | 849.3K | 2M | 973.4K | 980.7K | 1.9M |
| Net change in cash | -3.5M | -3.2M | -2.5M | -2.9M | -5.6M | -935K | 2M | -797.4K | 540K | -329.8K | -358.3K | -215K |
| Free cash flow | -4.1M | -3.6M | -5.4M | -3.2M | -2.6M | -2.5M | -1.4M | -1.5M | -1.2M | -1.2M | -955.3K | -1.4M |