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 | — | $0.35 | — | — | $58.8M | — |
| FY24 | — | -$1.88 | — | — | $59.5M | — |
| FY23 | — | -$4.43 | — | — | $70.4M | — |
| FY22 | — | -$58.6 | — | — | $90M | — |
| FY21 | — | -$14.1 | — | — | $97.3M | — |
| FY20 | — | -$0.86 | — | — | $20.1M | — |
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 | $20.1M | $97.3M | $90M | $70.4M | $59.5M | $58.8M |
| YoY change | — | +383.9% | -7.55% | -21.8% | -15.4% | -1.27% |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 |
|---|---|---|---|---|---|---|
| Revenue | — |
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 | 20.1M | 97.3M | 90M | 70.4M | 59.5M | 58.8M |
| Cost of revenue | 12.6M | 28.4M | 61.6M | 51M | 41.1M | 49.8M |
| Gross profit | 7.5M | 68.9M | 28.4M | 19.4M | 18.4M | 9M |
| Gross margin | 37.4% | 70.8% | 31.6% | 27.5% | 30.9% | 15.3% |
| Research & development | — | — | — | — | — | — |
| Selling, general & administrative | 5.6M | 24M | 35.2M | 26.2M | 17.3M | 12.5M |
| Operating expenses | 5.6M | 27.7M | 51.9M | 28.6M | 17.7M | 12.8M |
| Operating income | -2.6M | 32.8M | -58.6M | -22.8M | -12.8M | -15.6M |
| Operating margin | -13.1% | 33.7% | -65.2% | -32.4% | -21.5% | -26.6% |
| Non-operating income, net | 5K | 428K | -174.5M | 6.4M | 21K | 24.5M |
| Pretax income | -3.3M | 29.5M | -254.7M | -29M | -19.9M | 4.8M |
| Income tax | 0 | 7.9M | 15M | 0 | -69K | -479K |
| Net income | -3.3M | -44.5M | -271.1M | -29.5M | -19.8M | 5.3M |
| Net margin | -16.4% | -45.7% | -301.3% | -41.9% | -33.2% | 8.99% |
| EBITDA | 1.8M | 41.4M | -23.5M | -9.2M | 701K | -3.3M |
| EPS | -0.86 | -14.1 | -58.6 | -4.43 | -1.88 | 0.35 |
| Diluted EPS | -0.86 | -14.1 | -58.6 | -4.43 | -1.88 | 0.34 |
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 |
|---|---|---|---|---|---|---|
| Revenue | — | — | 12.9M | 15.2M | 11.5M | 20.8M |
| Cost of revenue | 10.2M | 15M | 11.9M | 11M | 11.9M | 17.1M |
| Gross profit | — | — | 1M | 4.2M | -441K | 3.7M |
| Gross margin | — | — | 7.85% | 27.6% | -3.85% | 17.8% |
| Research & development | — | — | — | — | — | — |
| Selling, general & administrative | — | — | 3.1M | 3.1M | 3.5M | 3.9M |
| Operating expenses | — | — | 3.1M | 3.1M | 3.5M | 5.5M |
| Operating income | — | — | -5.3M | -1.9M | -6.8M | -4.5M |
| Operating margin | — | — | -41% | -12.5% | -59.5% | -21.5% |
| Non-operating income, net | — | — | 1.9M | 14.1M | 9.6M | 72K |
| Pretax income | — | — | -4.2M | 12M | 2.6M | -4.6M |
| Income tax | — | — | -34K | 0 | -435K | 0 |
| Net income | — | — | -4.1M | 12M | 3M | -4.6M |
| Net margin | — | — | -32% | 78.6% | 26.3% | -22% |
| EBITDA | — | — | -2.1M | 1.5M | -4.3M | -1.7M |
| EPS | — | -0.4 | -0.27 | 0.76 | — | -0.29 |
| Diluted EPS | — | -0.4 | -0.27 | 0.75 | — | -0.29 |
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 | — | — | — | — | — | — | 38.8M |
| Enterprise value | — | — | — | — | — | — | 83.2M |
| Shares outstanding | 3.8M | 3.2M | 4.6M | 6.7M | 10.5M | 15.2M | 15.2M |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | 6.45 |
| P/S | — | — | — | — | — | — | 0.85 |
| P/B | — | — | — | — | — | — | -0.68 |
| EV/EBITDA | — | — | — | — | — | — | -16.1 |
| EV/Sales | — | — | — | — | — | — | 1.38 |
| Earnings yield | — | — | — | — | — | — | 15.5% |
| FCF yield | — | — | — | — | — | — | -4.54% |
| PEG | — | — | — | — | — | — | -0.23 |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Gross margin | 37.4% | 70.8% | 31.6% | 27.5% | 30.9% | 15.3% | 17.8% |
| Operating margin | -13.1% | 33.7% | -65.2% | -32.4% | -21.5% | -26.6% | -13.8% |
| Net margin | -16.4% | -45.7% | -301.3% | -41.9% | -33.2% | 8.99% | 10.4% |
| ROE | -7.42% | -20.9% | 576.2% | 57.8% | 35.5% | -11.4% | -11.4% |
| ROA | -5.1% | -13% | -165.5% | -41.5% | -30.5% | 9.87% | -20.1% |
| ROIC | -5.54% | 10.7% | -65.5% | -521.1% | -346.2% | 68.7% | 123.2% |
| Return on tangible assets | -5.1% | -13.6% | -165.5% | -41.5% | -30.5% | 9.87% | 13.6% |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Current ratio | 0.67 | 2.41 | 0.33 | 1.16 | 1.39 | 0.55 | 0.5 |
| Quick ratio | 0.67 | 2.41 | 0.33 | 1.16 | 1.39 | 0.55 | 0.5 |
| Debt / equity | 0.19 | 0.45 | -3.23 | -1.35 | -1.22 | -0.93 | -0.01 |
| Debt / assets | 0.13 | 0.28 | 0.93 | 0.97 | 1.05 | 0.8 | 0.92 |
| Net debt / EBITDA | 1.74 | 0.28 | -5.81 | -6.03 | 84.8 | -7.03 | -5.36 |
| Interest coverage | -3.95 | 8.95 | -10.8 | -1.29 | -1.8 | 2.19 | 5.31 |
| Effective tax rate | 0% | 26.8% | 0% | 0% | 0% | 0% | 0% |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Revenue per share | 5.24 | 30.9 | 19.5 | 10.6 | 5.67 | 3.88 | 3.85 |
| EPS (basic) | -0.86 | -14.1 | -58.6 | -4.43 | -1.88 | 0.35 | 0.35 |
| EPS (diluted) | -0.86 | -14.1 | -58.6 | -4.43 | -1.88 | 0.34 | 0.44 |
| Book value per share | 11.6 | 67.3 | -10.2 | -7.66 | -5.31 | -3.05 | -3.09 |
| FCF per share | -2.61 | -37.5 | -31.9 | -3.78 | -2.14 | -1.15 | -1.4 |
| Cash per share | 1.32 | 26.3 | 3.29 | 2 | 0.82 | 1.29 | 0.42 |
| Capex per share | 2.75 | 51.9 | 28.7 | 1.95 | 0.99 | — | — |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Capex / revenue | 52.5% | 168.1% | 147.8% | 18.5% | 17.5% | — | — |
| Capex / operating cash flow | -483.3% | 373.8% | -68.1% | -121.9% | 104.8% | — | — |
| Payout ratio | — | — | — | — | — | — | 0% |
Split-adjusted payout per share by ex-dividend date.
| Ex-dividend | Amount |
|---|---|
| Dec 27, 2019 | $2333.7767 |
| Date | Ratio |
|---|---|
| May 16, 2023 | 1:10 |
| — |
| $12.9M |
| $15.2M |
| $11.5M |
| $20.8M |
| YoY change | — | — | — | — | — | — |
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 | 5.1M | 83.1M | 15.2M | 13.3M | 8.6M | 19.6M |
| Receivables | 390K | 237K | 2.7M | 358K | 1.5M | 2M |
| Inventory | — | — | — | — | — | — |
| Total current assets | 7.8M | 100.6M | 33.1M | 24.4M | 26.8M | 34.8M |
| Property, plant & equipment | 56.6M | 216M | 130.4M | 45.1M | 30.3M | 15.7M |
| Goodwill & intangibles | 0 | 13.2M | — | — | — | — |
| Total assets | 64.6M | 341.3M | 163.8M | 71.2M | 64.9M | 53.6M |
| Accounts payable | 1.7M | 5.7M | 9.6M | 3.5M | 3.9M | 1.9M |
| Short-term debt | 6.8M | 19.6M | 67.2M | — | — | 40M |
| Total current liabilities | 11.6M | 41.7M | 98.7M | 21M | 19.3M | 63M |
| Long-term debt | 1.4M | 75.3M | 84.6M | 68.7M | 68.1M | 3.1M |
| Total liabilities | 20.2M | 128.8M | 210.8M | 122.2M | 120.6M | 99.9M |
| Shareholders' equity | 44.4M | 212.4M | -47M | -51M | -55.8M | -46.3M |
| Total debt | 8.2M | 94.8M | 151.7M | 68.7M | 68.1M | 43.1M |
| Net debt | 3.2M | 12.2M | 136.5M | 55.4M | 59.4M | 23.5M |
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 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 |
|---|---|---|---|---|---|---|
| Cash & short-term investments | — | — | 3.4M | 7.6M | 19.6M | 7.1M |
| Receivables | — | — | 1.2M | 639K | 2M | 930K |
| Inventory | — | — | — | — | — | — |
| Total current assets | — | — | 18.4M | 21.8M | 34.8M | 29.5M |
| Property, plant & equipment | — | — | 25.3M | 19.7M | 15.7M | 13.1M |
| Goodwill & intangibles | — | — | — | — | — | — |
| Total assets | — | — | 52.8M | 50.6M | 53.6M | 46.1M |
| Accounts payable | — | — | 2.7M | 2.5M | 1.9M | 1.9M |
| Short-term debt | — | — | — | 3.5M | 40M | 39.2M |
| Total current liabilities | — | — | 17.5M | 24.5M | 63M | 59.5M |
| Long-term debt | — | — | 63.3M | 42.3M | 3.1M | 3M |
| Total liabilities | — | — | 114M | 100M | 99.9M | 96.3M |
| Shareholders' equity | — | — | -61.2M | -49.4M | -46.3M | -50.2M |
| Total debt | — | — | 63.3M | 45.8M | 43.1M | 42.3M |
| Net debt | — | — | 59.9M | 38.3M | 23.5M | 35.2M |
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 | -3.3M | 21.6M | -269.7M | -29M | -19.8M | 5.3M |
| Depreciation & amortization | 4.6M | 8.5M | 35.1M | 13.6M | 13.5M | 11.8M |
| Stock-based compensation | 0 | 3.8M | 2.6M | 2.3M | 2.2M | 760K |
| Change in working capital | -3.8M | 523K | -973K | -2.9M | 1.5M | -1.8M |
| Operating cash flow | -2.2M | 43.8M | -195.2M | -10.7M | 9.9M | -15M |
| Capital expenditure | -10.6M | -163.6M | -132.9M | -13M | -10.4M | — |
| Investing cash flow | -16.5M | -136.5M | -121.4M | -6M | -3.9M | 39M |
| Dividends paid | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — |
| Financing cash flow | 3.3M | 171.7M | 62.4M | 13.8M | 11.2M | -10.6M |
| Net change in cash | -15.4M | 79M | -254.2M | -2.9M | 17.3M | 13.4M |
| Free cash flow | -10M | -118.3M | -147.4M | -25.2M | -22.5M | -17.5M |
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 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 |
|---|---|---|---|---|---|---|
| Net income | -3.9M | -5.6M | -4.1M | 12M | 3M | -4.6M |
| Depreciation & amortization | 3.6M | 3.1M | 3.2M | 3M | 2.5M | 2.7M |
| Stock-based compensation | 384K | 543K | 378K | -312K | 151K | 709K |
| Change in working capital | -1.1M | -453K | -880K | 1.7M | -2.1M | -7.1M |
| Operating cash flow | -470K | -2.8M | -4.8M | 120K | -4.6M | -11.4M |
| Capital expenditure | -3.5M | -902K | — | — | — | — |
| Investing cash flow | 544K | 2M | 7.5M | 10.1M | 18.6M | 25K |
| Dividends paid | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — |
| Financing cash flow | 4.2M | 0 | -2.6M | -6M | -2M | -836K |
| Net change in cash | 4.3M | -839K | 76K | 4.2M | 12M | -12.2M |
| Free cash flow | -7.4M | -6.6M | -6.4M | 103K | -4.6M | -11.6M |