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 % |
|---|---|---|---|---|---|---|
| Q1 23 | — | -$0.17 | — | — | $329.1M | — |
| Q4 22 | — | -$0.88 | — | — | $460.3M | — |
| Q3 22 | — | $0.09 | — | — | $172.5M | — |
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 | — | -$4 | — | — | $403.7M | — |
| FY24 | — | -$198.2 | — | — | $290.3M | — |
| FY23 | — | -$12.4K | — | — | $203.5M | — |
| FY22 | — | -$54.5K | — | — | $3.4B | — |
| FY21 | — | $16 | — | — | $49.5M | — |
| FY20 | — | $6.26 | — | — | $216.1M | — |
| FY19 | — | $2.02 | — | — | $75.6M | — |
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 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|
| Revenue | $75.6M | $216.1M | $49.5M | $3.4B | $203.5M | $290.3M | $403.7M |
| YoY change | — | +185.8% | -77.1% | +6.7K% | -94% | +42.6% | +39.1% |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | Q3 20 | Q4 20 |
|---|
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 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|
| Revenue | 75.6M | 216.1M | 49.5M | 3.4B | 203.5M | 290.3M | 403.7M |
| Cost of revenue | 2M | 82.4M | 15M | 1.8B | 129.3M | 224.9M | 317.8M |
| Gross profit | 73.7M | 133.7M | 34.5M | 1.5B | 74.3M | 65.4M | 85.9M |
| Gross margin | 97.4% | 61.9% | 69.7% | 45.8% | 36.5% | 22.5% | 21.3% |
| Research & development | 57.8M | 86M | 20M | 331.3M | 78.7M | 174.4M | 57M |
| Selling, general & administrative | 5.7M | 15M | 3.5M | 219M | 72M | 26.8M | 21.9M |
| Operating expenses | 63.5M | 101.1M | 23.5M | 550.3M | 150.7M | 201.2M | 78.9M |
| Operating income | 9.7M | 32.2M | 10.9M | -142.8M | -77.3M | -138.2M | 2.6M |
| Operating margin | 12.9% | 14.9% | 22% | -4.24% | -38% | -47.6% | 0.65% |
| Non-operating income, net | 1.1M | 213K | 134.3K | 26.2M | -11.8M | 53.3M | -97.2M |
| Pretax income | 10.3M | 32.1M | 11.1M | -137.3M | -85.7M | -61.7M | -50.2M |
| Income tax | 0 | 312.2K | -109.6K | -826.1K | -4.1M | 2.5M | 0 |
| Net income | 10.3M | 31.8M | 11.2M | -941M | -81.6M | -64.2M | -50.2M |
| Net margin | 13.6% | 14.7% | 22.7% | -28% | -40.1% | -22.1% | -12.4% |
| EBITDA | 11.6M | 32.2M | 10.9M | -137.1M | -55.2M | -184.5M | 102.3M |
| EPS | 2.02 | 6.26 | 16 | -54.5K | -12.4K | -198.2 | -4 |
| Diluted EPS | 2.02 | 6.26 | 16 | -54.5K | -12.4K | -198.2 | -4 |
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | Q3 20 | Q4 20 | Q1 21 | Q2 21 | Q3 21 | Q4 21 | Q1 22 | Q2 22 | Q3 22 | Q4 22 | Q1 23 | Q2 23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 16.1M | 171.3M | 106.1M | 111.8M | 54M | 86.7M | 154M | 98.5M | 172.5M | 460.3M | 329.1M | 52.6M |
| Cost of revenue | 4.8M | 75.5M | 42.7M | 23M | 17.6M | 25.1M | 85.4M | 41.2M | 105.4M | 238.8M | 134.8M | 29.4M |
| Gross profit | 11.2M | 95.8M | 63.4M | 88.9M | 36.4M | 61.6M | 68.6M | 57.3M | 67M | 221.5M | 194.3M | 23.2M |
| Gross margin | 70% | 55.9% | 59.7% | 79.5% | 67.4% | 71.1% | 44.5% | 58.2% | 38.9% | 48.1% | 59% | 44.1% |
| Research & development | 6.4M | 56.5M | 38.9M | 56M | 19.6M | 30.9M | 41.7M | 34.2M | 49M | 1.5B | 205.4M | 21.2M |
| Selling, general & administrative | 4.1M | 5.4M | 3.6M | 6.2M | 9.4M | 6.1M | 6M | 8.6M | 8.6M | 62.6M | 73.2M | 6.7M |
| Operating expenses | 10.6M | 61.9M | 42.5M | 62.2M | 29M | 37M | 47.6M | 42.9M | 57.6M | 1.6B | 278.6M | 27.9M |
| Operating income | 549.3K | 33.6M | 21M | 26.6M | 6.7M | 24.8M | 20.8M | 13.4M | 7.3M | -1.3B | -190.3M | -5.7M |
| Operating margin | 3.42% | 19.6% | 19.8% | 23.8% | 12.3% | 28.7% | 13.5% | 13.6% | 4.24% | -290.8% | -57.8% | -10.9% |
| Non-operating income, net | -279.3K | 358.3K | 512.3K | 837.4K | -11.8K | -363.9K | 242.7K | 337.6K | 5M | -13.2M | 2.9M | -289.5K |
| Pretax income | 210.8K | 33.9M | 21.4M | 27.4M | 6.6M | 25.2M | 21.3M | 13.7M | 12.2M | -1.3B | -182.2M | -4.9M |
| Income tax | -260.9K | 573.1K | 732.2K | -579.7K | -418.2K | -519.1K | -360.5K | -1.3M | 407.6K | 3.2M | -1.4M | -798.1K |
| Net income | 471.7K | 33.3M | 20.7M | 28M | 7M | 25.8M | 21.7M | 15.1M | 11.8M | -1.3B | -180.8M | -4.1M |
| Net margin | 2.94% | 19.4% | 19.5% | 25% | 13% | 29.7% | 14.1% | 15.3% | 6.85% | -292% | -54.9% | -7.87% |
| EBITDA | 935.5K | 35.7M | 22.6M | 29.6M | 8.3M | 25.2M | 22.9M | 15.4M | 4.8M | -1.3B | -174.4M | -3.6M |
| EPS | — | — | 4.07 | — | 1.39 | — | 4.25 | — | 6.2 | — | -11.7 | — |
| Diluted EPS | — | — | 4.07 | — | 1.39 | — | 4.25 | — | 6.2 | — | -11.7 | — |
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 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Market cap | — | — | — | — | — | — | — | 37.1M |
| Enterprise value | — | — | — | — | — | — | — | -365.6M |
| Shares outstanding | 36.9M | 36.9M | 5.1M | 2.5K | 6.6K | 1.4M | 22.9M | 22.9M |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | — | 0 |
| P/S | — | — | — | — | — | — | — | 0.08 |
| P/B | — | — | — | — | — | — | — | 0.1 |
| EV/EBITDA | — | — | — | — | — | — | — | -209.4 |
| EV/Sales | — | — | — | — | — | — | — | -5.36 |
| Earnings yield | — | — | — | — | — | — | — | 24K% |
| FCF yield | — | — | — | — | — | — | — | -36.4% |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Gross margin | 97.4% | 61.9% | 69.7% | 45.8% | 36.5% | 22.5% | 21.3% | 44.1% |
| Operating margin | 12.9% | 14.9% | 22% | -4.24% | -38% | -47.6% | 0.65% | 4.5% |
| Net margin | 13.6% | 14.7% | 22.7% | -28% | -40.1% | -22.1% | -12.4% | -89% |
| ROE | -1.4K% | 102.4% | 72.3% | -69.3% | -57.8% | -4.06% | -1.86% | -14.9% |
| ROA | 88.9% | 16.5% | 45.8% | -48.4% | -50.8% | -3.98% | -1.81% | 0.26% |
| ROIC | -567.7% | 92.8% | 122.6% | -41.1% | -364.8% | -1K% | 75.9% | -4K% |
| Return on tangible assets | 89.2% | 33.7% | 88.7% | -65.3% | -50.8% | -3.98% | -1.81% | -814.2% |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Current ratio | 0.87 | 1.14 | 2.09 | 2.95 | 8.83 | 52.2 | 33.5 | 34.6 |
| Quick ratio | 0.78 | 1.1 | 2.06 | 2.93 | 8.75 | 52.2 | 33.5 | 2.66 |
| Debt / equity | — | 1.09 | 0 | 0.02 | 0.04 | 0 | 0.02 | 0.02 |
| Debt / assets | — | 0.18 | 0 | 0.02 | 0.04 | 0 | 0.02 | 0.01 |
| Net debt / EBITDA | — | 0.1 | -0.61 | 7.37 | 2.18 | 8.5 | -26.3 | 0.09 |
| Interest coverage | 19 | 103.2 | — | — | — | — | — | — |
| Effective tax rate | 0% | 0.97% | 0% | 0% | 0% | 0% | 0% | 0% |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Revenue per share | 2.05 | 5.85 | 9.74 | 1.3M | 31.1K | 213 | 17.6 | 20.7 |
| EPS (basic) | 2.02 | 6.26 | 16 | -54.5K | -12.4K | -198.2 | -4 | -4 |
| EPS (diluted) | 2.02 | 6.26 | 16 | -54.5K | -12.4K | -198.2 | -4 | -8.32 |
| Book value per share | -0.02 | 0.84 | 3.05 | 541.3K | 21.6K | 1.2K | 117.7 | 16.2 |
| FCF per share | 0.26 | -0.39 | 2.8 | -54.4K | -4.4K | -72.4 | 2.46 | -64 |
| Cash per share | 0.03 | 0.83 | 1.3 | 415.5K | 19.2K | 1.2K | 119.7 | 111.3 |
| Capex per share | 0 | 0 | 0 | 726.4 | — | — | — | 0.1 |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Capex / revenue | 0.04% | 0.01% | 0.04% | 0.05% | — | — | — | 0.2% |
| Capex / operating cash flow | 0.29% | -0.1% | 0.14% | -1.42% | — | — | — | -0.14% |
| Payout ratio | — | — | — | — | — | — | — | 0% |
| Q1 21 |
|---|
| Q2 21 |
|---|
| Q3 21 |
|---|
| Q4 21 |
|---|
| Q1 22 |
|---|
| Q2 22 |
|---|
| Q3 22 |
|---|
| Q4 22 |
|---|
| Q1 23 |
|---|
| Q2 23 |
|---|
| Revenue | $16.1M | $171.3M | $106.1M | $111.8M | $54M | $86.7M | $154M | $98.5M | $172.5M | $460.3M | $329.1M | $52.6M |
| YoY change | — | — | — | — | +236.6% | -49.4% | +45.1% | -11.9% | +219.1% | +431.1% | +113.7% | -46.5% |
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 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 998.9K | 30.7M | 6.6M | 1B | 126M | 1.6B | 2.7B |
| Receivables | 1.2M | 93.1M | 9.4M | 554.1M | 9.8M | 23.5M | 22.2M |
| Inventory | 1.1M | 4.9M | 265.6K | 12.1M | 1.4M | 765.7K | 117.7K |
| Total current assets | 10.6M | 142.3M | 18.2M | 1.7B | 152.1M | 1.6B | 2.8B |
| Property, plant & equipment | 738K | -446.4K | -152.3K | 5.7M | 4.6M | 2.9M | 1.7M |
| Goodwill & intangibles | 33K | 98.6M | 11.8M | 503.8M | 0 | 0 | — |
| Total assets | 11.5M | 193M | 24.5M | 1.9B | 160.6M | 1.6B | 2.8B |
| Accounts payable | 2M | 53.1M | 6.5M | 422.1M | 1.3M | 13.4M | 20.9M |
| Short-term debt | — | 210.5K | 50 | 13.8M | 4M | 6.7M | 50M |
| Total current liabilities | 12.3M | 125.3M | 8.7M | 559.4M | 17.2M | 30.9M | 82.8M |
| Long-term debt | — | 33.8M | 0 | 17.8M | 2.1M | 1M | 0 |
| Total liabilities | 12.3M | 161.9M | 9M | 587.7M | 19.4M | 31.9M | 82.8M |
| Shareholders' equity | -717.8K | 31.1M | 15.5M | 1.4B | 141.2M | 1.6B | 2.7B |
| Total debt | — | 34M | 50 | 31.6M | 6M | 7.8M | 50M |
| Net debt | — | 3.3M | -6.6M | -1B | -120M | -843.7M | -1.8B |
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 20 | Q2 21 | Q3 21 | Q4 21 | Q1 22 | Q3 22 | Q4 22 | Q1 23 | Q2 23 |
|---|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 30.7M | 49.3M | 44.2M | 48M | 53.9M | 334.1M | 1.1B | 1B | 136.3M |
| Receivables | 93.1M | 128.6M | 70.9M | 68.3M | 100.1M | 95.2M | 583.9M | 479.2M | 65.4M |
| Inventory | 4.9M | 6.7M | 4.4M | 1.9M | 2.9M | 10M | 12.8M | 28.7M | 1.9M |
| Total current assets | 142.3M | 186.6M | 181.4M | 132.2M | 171.6M | 444.2M | 1.7B | 1.6B | 213.8M |
| Property, plant & equipment | -446.4K | 731.6K | 732.2K | -1.1M | 5.5M | 7.2M | 41.5M | 38.9M | 4.9M |
| Goodwill & intangibles | 98.6M | 92.2M | 89M | 85.8M | 82.6M | 76.3M | 531M | 508.9M | 66.7M |
| Total assets | 193M | 234M | 227.9M | 177.4M | 220.6M | 491.7M | 2.1B | 1.9B | 253M |
| Accounts payable | 53.1M | 92.3M | 93.7M | 47M | 63.7M | 53.7M | 444.8M | 442.7M | 63M |
| Short-term debt | 210.5K | 10M | 370 | 369 | 2M | 6.4M | 14.6M | 11.3M | 1.5M |
| Total current liabilities | 125.3M | 119.2M | 106.5M | 63.1M | 81.4M | 93.8M | 589.5M | 575.3M | 79.6M |
| Long-term debt | 33.8M | 32.3M | 32.3M | 0 | 3.8M | 3.5M | 18.7M | 16.2M | 1.9M |
| Total liabilities | 161.9M | 154.3M | 141.4M | 65.1M | 86.7M | 98.4M | 619.4M | 601.3M | 82.1M |
| Shareholders' equity | 31.1M | 79.7M | 86.6M | 112.3M | 133.9M | 393.3M | 1.4B | 1.3B | 170.9M |
| Total debt | 34M | 42.3M | 32.3M | 369 | 5.8M | 9.9M | 33.3M | 27.5M | 3.4M |
| Net debt | 3.3M | -7M | -11.9M | -48M | -38.1M | -324.2M | -1.1B | -989.2M | -132.9M |
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 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|
| Net income | 10.3M | 31.8M | 11.2M | -136.5M | -81.6M | -64.2M | -50.2M |
| Depreciation & amortization | 807.5K | 2.5M | 920.7K | 8.4M | 7.2M | 2M | 1.7M |
| Stock-based compensation | — | — | 0 | 0 | 32.2M | 952.6K | 0 |
| Change in working capital | -543.8K | -47.1M | 1.1M | 349.9K | 9.1M | -4.5M | 1.8M |
| Operating cash flow | 10.5M | -12.9M | 13M | -128.6M | -27.7M | -98.6M | 56.4M |
| Capital expenditure | -30.7K | -12.8K | -18.6K | -1.8M | — | — | — |
| Investing cash flow | -5M | 1.2M | -11.6M | 11.5M | -600K | -683M | -285.5M |
| Dividends paid | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — |
| Financing cash flow | -6.8M | 43.1M | -340.6K | 227.3M | -5.2M | 1.5B | 1.2B |
| Net change in cash | -1.3M | 31.5M | 1M | 110.3M | -33.5M | 718.2M | 1B |
| Free cash flow | 9.7M | -14.2M | 14.2M | -136.5M | -28.5M | -98.6M | 56.3M |
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 | Q3 20 | Q4 20 | Q1 21 | Q2 21 | Q3 21 | Q4 21 | Q1 22 | Q2 22 | Q3 22 | Q4 22 | Q1 23 | Q2 23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income | 471.7K | 33.3M | 20.7M | 28M | 7M | 25.8M | 21.7M | 15.1M | 11.8M | -1.4B | -180.8M | -4.1M |
| Depreciation & amortization | 665.5K | 1.7M | 1.7M | 1.7M | 1.7M | 1.7M | 2M | 2.1M | 2.2M | 17M | 15.9M | 2.2M |
| Stock-based compensation | — | — | — | — | — | — | — | — | — | — | — | — |
| Change in working capital | -2.6M | -47.5M | 18.4M | -15.4M | 60.6M | -56.2M | -14.6M | 5.2M | 3.9M | 42.9M | -12.6M | -459.8K |
| Operating cash flow | -1.7M | -12.4M | 41.2M | 13.8M | 69.1M | -29.3M | 8.3M | 21.1M | 18.3M | -1.3B | -178.9M | -3.2M |
| Capital expenditure | 0 | -12.8K | -34.5K | -35.5K | -62K | -3.1K | -4.5K | -1.8M | -2.9K | -384.9K | -1.6M | -131K |
| Investing cash flow | 195.5K | 999.8K | -34.5K | -35.5K | -3.1M | 28.7M | -6.7M | 18.2M | -2.9K | -24.8M | -5.9M | -731K |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | 8.1M | -530K | -10.2M | 19M | -9.4M | 503.1K | 963K | -11.7K | 233.8M | -37.4M | -8.1M | 441.9K |
| Net change in cash | 6.6M | -11.9M | 30.9M | 32.8M | 56.6M | -168.8K | 2.6M | 39.3M | 252.1M | -1.4B | -193M | -3.5M |
| Free cash flow | -3.6M | -12.4M | 42.5M | 15.6M | 68.3M | -23.6M | 1.7M | 16.9M | 14.3M | -1.2B | -74.8M | -6.4M |