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 24 | -$3.87 | -$0.66 | +82.9% | — | $293K | — |
| Q1 24 | -$3.51 | -$21.5 | -513.4% | — | $2K | — |
| Q4 23 | -$3.51 | -$21.5 | -513.4% | — | $233K | — |
| Q3 23 | -$360 | -$329.5 | +8.5% | — | $551K | — |
| Q2 23 | -$1.1K | -$457.9 | +56.6% | — | $0 | — |
| Q1 23 | -$0.1 | -$0.07 | +30.0% | — | $0 | — |
| Q4 22 | -$1.7K | -$3.1K | -77.8% | — | $0 | — |
| Q3 22 | -$3.6K | -$2.9K | +18.9% | — | $0 | — |
| Q2 22 | -$4.6K | -$4.2K | +8.3% | — | $0 | — |
| Q1 22 | -$4.2K | -$4.6K | -9.1% | — | $0 | — |
| Q2 21 | -$0.09 | -$0.77 | -755.6% | — | $0 | — |
| Q1 21 | -$0.09 | -$0.25 | -177.8% | — | $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 | — | — | — | — | $539K | — |
| FY23 | — | -$1.8K | — | — | $784K | — |
| FY22 | — | -$14.4K | — | — | $0 | — |
| FY21 | — | -$21.2K | — | — | $0 | — |
| FY20 | — | -$8.9K | — | — | $0 | — |
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 |
|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | $784K | $539K |
| YoY change | — | 0% | 0% | +InfinityT% | -31.3% |
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 | Q3 22 | Q4 22 | 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 |
|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 784K | 539K |
| Cost of revenue | — | — | 0 | 42.6M | 84M |
| Gross profit | — | — | 0 | -41.8M | -83.5M |
| Gross margin | — | — | — | -5.3K% | -15.5K% |
| Research & development | 20.2M | 174.9M | 300M | 132M | 10.3M |
| Selling, general & administrative | 44.7M | 115M | 134.5M | 105.7M | 52.4M |
| Operating expenses | 64.9M | 290M | 434.4M | 237.7M | 62.7M |
| Operating income | -64.9M | -290M | -434.4M | -279.6M | -146.2M |
| Operating margin | — | — | — | -35.7K% | -27.1K% |
| Non-operating income, net | -8.4M | -179.5M | -158.3M | -149M | -193.3M |
| Pretax income | -147.1M | -516.3M | -602.2M | -431.6M | -356.1M |
| Income tax | 3K | 240K | 61K | 109K | -267K |
| Net income | -147.1M | -516.5M | -602.2M | -431.7M | -355.8M |
| Net margin | — | — | — | -55.1K% | -66K% |
| EBITDA | -64.8M | -379.2M | -514M | -453.6M | -235.4M |
| EPS | -8.9K | -21.2K | -14.4K | -1.8K | — |
| Diluted EPS | -8.9K | -21.2K | -14.4K | -1.8K | — |
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 | 0 | 0 | 0 | 0 | 0 | 0 | 551K | 233K | 2K | 293K | 9K | 235K |
| Cost of revenue | — | 0 | 0 | — | 0 | 6.6M | 16.1M | 19.9M | 20.7M | 21M | 21.5M | 20.9M |
| Gross profit | — | 0 | 0 | — | 0 | -6.6M | -15.6M | -19.6M | -20.7M | -20.7M | -21.4M | -20.7M |
| Gross margin | — | — | — | — | — | — | -2.8K% | -8.4K% | -1M% | -7.1K% | -238.3K% | -8.8K% |
| Research & development | 114.9M | 96.6M | 47.6M | 50.9M | 57.8M | 25.3M | 21.6M | 27.4M | 6.7M | 3.3M | -9.8M | 10M |
| Selling, general & administrative | 34.1M | 39.5M | 32.4M | 31.8M | 31.6M | 24.8M | 29.3M | 20M | 16.3M | 19M | 10.9M | 6.3M |
| Operating expenses | 149M | 136.1M | 80M | 82.6M | 89.4M | 50M | 50.9M | 47.4M | 23M | 22.3M | 1.1M | 16.3M |
| Operating income | -149M | -136.1M | -80M | -82.6M | -89.4M | -56.6M | -66.5M | -67M | -43.7M | -43M | -22.6M | -37M |
| Operating margin | — | — | — | — | — | — | -12.1K% | -28.8K% | -2.2M% | -14.7K% | -250.8K% | -15.7K% |
| Non-operating income, net | 271K | -3.2M | -38.7M | -68.6M | -55.3M | -68M | -11.4M | -14.4M | 2.8M | -62.5M | -52.5M | -81.1M |
| Pretax income | -153.1M | -141.7M | -119.9M | -153.8M | -145M | -124.9M | -78M | -83.7M | -48.2M | -108.7M | -77.7M | -121.5M |
| Income tax | 0 | 9K | 0 | 52K | 0 | 28K | 0 | 81K | 0 | 4K | -1K | -270K |
| Net income | -153.1M | -141.7M | -119.9M | -153.9M | -145M | -124.9M | -78M | -83.8M | -48.2M | -108.7M | -77.7M | -121.3M |
| Net margin | — | — | — | — | — | — | -14.2K% | -36K% | -2.4M% | -37.1K% | -863.2K% | -51.6K% |
| EBITDA | -145.1M | -138M | -86.4M | -80.9M | -86.4M | -44M | -53.9M | -266.8M | -24.7M | -24.3M | -4.2M | -182.2M |
| EPS | -4.6K | -4.2K | -3.3K | -3.1K | -1.9K | -1K | -453.6 | — | -26.4 | -4.13 | -5.32 | — |
| Diluted EPS | -4.6K | -4.2K | -3.3K | -3.1K | -1.9K | -1K | -453.6 | — | -26.4 | -4.13 | -5.32 | — |
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 | Current |
|---|---|---|---|---|---|---|
| Market cap | 1.6B | — | — | — | — | 102.9M |
| Enterprise value | 2.1B | — | — | — | — | 194.9M |
| Shares outstanding | 16.5K | 24.3K | 38.3K | 240.9K | — | — |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | Current |
|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | 0 |
| P/S | — | — | — | — | — | 190.8 |
| P/B | -2.73 | — | — | — | — | — |
| EV/EBITDA | -32.6 | — | — | — | — | -0.83 |
| EV/Sales | — | — | — | — | — | 361.5 |
| Earnings yield | — | — | — | — | — | 67.2K% |
| FCF yield | -2.64% | — | — | — | — | -346% |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | Current |
|---|---|---|---|---|---|---|
| Gross margin | — | — | — | -5.3K% | -15.5K% | -8.8K% |
| Operating margin | — | — | — | -35.7K% | -27.1K% | -63K% |
| Net margin | — | — | — | -55.1K% | -66K% | -15.5K% |
| ROE | 25.4% | -91% | -299.6% | -189.2% | -309.5% | -309.5% |
| ROA | -46.5% | -56.9% | -113.8% | -81.4% | -83.6% | -83.6% |
| ROIC | 132.9% | -114.4% | -172% | -75.4% | -70.6% | -70.6% |
| Return on tangible assets | -46.5% | -56.9% | -113.8% | -81.4% | -83.6% | -83.6% |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | Current |
|---|---|---|---|---|---|---|
| Current ratio | 0.02 | 2.07 | 0.32 | 0.35 | 0.37 | 0.37 |
| Quick ratio | 0.02 | 2.07 | 0.3 | 0.22 | 0.23 | 0.23 |
| Debt / equity | -0.92 | 0.34 | 0.34 | 0.63 | 0.86 | 0.01 |
| Debt / assets | 1.68 | 0.21 | 0.13 | 0.27 | 0.23 | 0.23 |
| Net debt / EBITDA | -8.19 | 0.83 | -0.1 | -0.31 | -0.39 | -0.39 |
| Interest coverage | -1 | -10 | -62.8 | -140.9 | -20.4 | -20.4 |
| Effective tax rate | 0% | 0% | 0% | 0% | 0% | 0% |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | Current |
|---|---|---|---|---|---|---|
| Revenue per share | 0 | 0 | 0 | 3.25 | — | — |
| EPS (basic) | -8.9K | -21.2K | -14.4K | -1.8K | — | — |
| EPS (diluted) | -8.9K | -21.2K | -14.4K | -1.8K | — | — |
| Book value per share | -35.2K | 23.3K | 5.3K | 947.6 | — | — |
| FCF per share | -2.5K | -17.9K | -13.2K | -1.3K | — | -4.88 |
| Cash per share | 68.3 | 20.8K | 443.5 | 7.88 | — | — |
| Capex per share | 36.9 | 3.9K | 3.2K | 129.2 | — | — |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | Current |
|---|---|---|---|---|---|---|
| Capex / revenue | — | — | — | 4K% | 1.4K% | 1.4K% |
| Capex / operating cash flow | -1.07% | -24.5% | -23.7% | -7.82% | -2.72% | -2.72% |
| Q2 24 |
|---|
| Q3 24 |
|---|
| Q4 24 |
|---|
| Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $551K | $233K | $2K | $293K | $9K | $235K |
| YoY change | 0% | 0% | 0% | 0% | 0% | 0% | +InfinityT% | +InfinityT% | +InfinityT% | +InfinityT% | -98.4% | +0.86% |
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 |
|---|---|---|---|---|---|
| Cash & short-term investments | 1.1M | 505.1M | 17M | 1.9M | 7.1M |
| Receivables | — | — | 0 | 7K | 0 |
| Inventory | — | — | 4.5M | 34.2M | 27.5M |
| Total current assets | 14.4M | 607.3M | 84.5M | 91.4M | 71.9M |
| Property, plant & equipment | 268.5M | 287.8M | 438.7M | 434.3M | 350.3M |
| Goodwill & intangibles | — | — | — | — | — |
| Total assets | 316.4M | 907.4M | 529.3M | 530.5M | 425.4M |
| Accounts payable | 86.6M | 37.8M | 91.6M | 93.2M | 71.4M |
| Short-term debt | 485.9M | 148.6M | 18M | 104.5M | 12.4M |
| Total current liabilities | 849.1M | 293.8M | 268.2M | 261.2M | 192.7M |
| Long-term debt | 45.7M | 42.3M | 50.6M | 39.8M | 86.7M |
| Total liabilities | 895.7M | 339.8M | 328.3M | 302.3M | 310.4M |
| Shareholders' equity | -579.3M | 567.7M | 201M | 228.2M | 115M |
| Total debt | 531.6M | 190.9M | 68.6M | 144.3M | 99.2M |
| Net debt | 530.5M | -314.2M | 51.6M | 142.4M | 92M |
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 22 | Q2 22 | Q3 22 | Q4 22 | Q1 23 | Q2 23 | Q3 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 276.4M | 120.6M | 31.8M | 17M | 31.8M | 17.9M | 6.7M | 1.9M | 407K | 793K | 7.3M | 7.1M |
| Receivables | — | — | — | 0 | — | — | — | 7K | 7K | 0 | 0 | 0 |
| Inventory | — | — | — | 4.5M | 4M | 10.3M | 35.2M | 34.2M | 29.4M | 28.7M | 27.3M | 27.5M |
| Total current assets | 341.6M | 175.1M | 102.2M | 84.5M | 103.4M | 105.6M | 127.3M | 91.4M | 82.7M | 70.1M | 79.7M | 71.9M |
| Property, plant & equipment | 343.4M | 392.2M | 417.7M | 438.7M | 369.9M | 455.6M | 359.7M | 434.3M | 413.2M | 383.9M | 365.9M | 350.3M |
| Goodwill & intangibles | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | 706.1M | 588.2M | 540.7M | 529.3M | 575.3M | 567.5M | 579.5M | 530.5M | 499.9M | 457.9M | 449.1M | 425.4M |
| Accounts payable | 45.4M | 61.8M | 65.2M | 91.6M | 76.9M | 92.8M | 101.9M | 93.2M | 96.6M | 91.2M | 81.4M | 71.4M |
| Short-term debt | 96.9M | 90.4M | 21.6M | 18M | 17.8M | 17.8M | 19M | 104.5M | 81.7M | 95.4M | 73.4M | 12.4M |
| Total current liabilities | 242.8M | 257.7M | 177.3M | 268.2M | 192.9M | 187.6M | 191.2M | 261.2M | 257M | 268.2M | 247.9M | 192.7M |
| Long-term debt | 24.3M | 25.5M | 72.5M | 50.6M | 116.3M | 92.1M | 115.8M | 39.8M | 40.1M | 39.6M | 43M | 86.7M |
| Total liabilities | 270.8M | 286.8M | 253.4M | 328.3M | 318.9M | 289.8M | 317.7M | 302.3M | 298.4M | 309.2M | 292.3M | 310.4M |
| Shareholders' equity | 435.2M | 301.4M | 287.3M | 201M | 256.4M | 277.7M | 261.8M | 228.2M | 201.5M | 148.7M | 156.8M | 115M |
| Total debt | 121.2M | 115.9M | 94.1M | 68.6M | 134.1M | 109.9M | 134.7M | 144.3M | 121.8M | 135.1M | 116.5M | 99.2M |
| Net debt | -155.2M | -4.7M | 62.3M | 51.6M | 102.3M | 92.1M | 128M | 142.4M | 121.4M | 134.3M | 109.2M | 92M |
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 |
|---|---|---|---|---|---|
| Net income | -147.1M | -516.5M | -602.2M | -431.7M | -355.8M |
| Depreciation & amortization | 3.5M | 3.3M | 5.5M | 45.5M | 74M |
| Stock-based compensation | 9.5M | 30M | 17.7M | 9.2M | 8.4M |
| Change in working capital | 8M | -52.4M | 49M | -21.6M | 14M |
| Operating cash flow | -56.9M | -391.1M | -520.6M | -398M | -271.4M |
| Capital expenditure | -607K | -95.7M | -123.2M | -31.1M | -7.4M |
| Investing cash flow | 3M | -95.7M | -123.2M | -31.1M | -7.4M |
| Dividends paid | — | — | — | — | — |
| Share repurchases | — | 0 | -767K | 0 | — |
| Financing cash flow | 36.7M | 917.8M | -21M | 287.3M | 80.7M |
| Net change in cash | -17.2M | 431M | -664.8M | -141.8M | -198.1M |
| Free cash flow | -41.8M | -435.4M | -506.3M | -309.3M | -77.8M |
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 22 | Q2 22 | Q3 22 | Q4 22 | Q1 23 | Q2 23 | Q3 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income | -153.1M | -141.7M | -119.9M | -153.9M | -145M | -124.9M | -78M | -83.8M | -48.2M | -108.7M | -77.7M | -121.3M |
| Depreciation & amortization | 4.9M | 5M | -7.3M | -9.8M | 1.8M | 14.1M | 14.2M | 17.8M | 18.5M | 18.9M | 18M | 18.6M |
| Stock-based compensation | 3.3M | 3.1M | 2.7M | 7.9M | 8.6M | 639K | -366K | 261K | 542K | 116K | 1.6M | 6.1M |
| Change in working capital | 7M | 18.8M | -9.2M | 38M | -4.4M | 10.3M | -28.1M | 585K | 6.6M | 5.9M | 141K | 1.4M |
| Operating cash flow | -136.7M | -117.6M | -95.7M | -141.9M | -183.5M | -125.7M | -114.5M | -177.3M | -50.5M | -74.9M | -80.7M | -65.4M |
| Capital expenditure | -44.4M | -45.8M | -21.9M | -11.1M | -16.9M | -9M | 15M | -20.3M | -12K | -259K | -301K | -6.8M |
| Investing cash flow | -44.4M | -45.8M | -21.9M | -11.1M | -16.9M | -9M | 15M | -20.3M | -12K | -259K | -301K | -6.8M |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | 0 | — | — | — | 0 | — | — | — | — |
| Financing cash flow | -87.5M | -663K | 39.6M | 31.7M | 262.1M | 96.2M | 47.2M | 53.9M | 12M | 14.7M | -1.2M | 25M |
| Net change in cash | -268.6M | -164.1M | -78M | -121.3M | 61.7M | -38.5M | -52.3M | -143.7M | -38.5M | -60.4M | -82.2M | -47.1M |
| Free cash flow | -166.8M | -158.6M | -141.9M | -39.1M | -119.9M | -66.7M | -64.7M | -58.1M | -14.8M | -14.6M | -23M | -25.3M |