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 22 | — | -$0.3 | — | — | — | — |
| Q1 22 | -$0.32 | -$0.36 | -12.5% | — | $13.7M | — |
| Q4 21 | -$0.28 | -$0.26 | +7.1% | — | $14.5M | — |
| Q3 21 | -$0.25 | -$0.25 | 0.0% | — | $11.2M | — |
| Q2 21 | -$0.23 | -$0.66 | -187.0% | — | $9M | — |
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 % |
|---|---|---|---|---|---|---|
| FY21 | — | -$1.92 | — | — | $41.4M | — |
| FY20 | — | -$0.46 | — | — | $18.1M | — |
| FY19 | — | -$0.36 | — | — | $14.9M | — |
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 |
|---|---|---|---|
| Revenue | $14.9M | $18.1M | $41.4M |
| YoY change | — | +21.3% | +129% |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | Q2 20 | Q3 20 | Q4 20 | Q1 21 | Q2 21 | Q3 21 | Q4 21 | Q1 22 | Q2 25 | Q2 26 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.8M | $5.1M | $7.5M | $6.6M | $9M | $11.2M |
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 |
|---|---|---|---|
| Revenue | 14.9M | 18.1M | 41.4M |
| Cost of revenue | 17.3M | 20.2M | 44M |
| Gross profit | -2.4M | -2.2M | -2.7M |
| Gross margin | -16.2% | -12.1% | -6.47% |
| Research & development | 18.3M | 25.3M | 45.8M |
| Selling, general & administrative | 28.2M | 32.9M | 96.8M |
| Operating expenses | 46.6M | 58.2M | 142.7M |
| Operating income | -49.7M | -61.8M | -148.6M |
| Operating margin | -333.9% | -342.2% | -359.2% |
| Non-operating income, net | -916K | -1M | -9.9M |
| Pretax income | -50.2M | -66M | -166.3M |
| Income tax | 50K | 8K | 53K |
| Net income | -50.2M | -66M | -166.3M |
| Net margin | -337.4% | -365.4% | -402.1% |
| EBITDA | -48.1M | -59.4M | -135.4M |
| EPS | -0.36 | -0.46 | -1.92 |
| Diluted EPS | -0.36 | -0.46 | -1.92 |
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | Q2 20 | Q3 20 | Q4 20 | Q1 21 | Q2 21 | Q3 21 | Q4 21 | Q1 22 | Q2 25 | Q2 26 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2.8M | 5.1M | 7.5M | 6.6M | 9M | 11.2M | 14.5M | 13.7M | 19.1M | 15.6M |
| Cost of revenue | 3.2M | 5.9M | 7.8M | 6.2M | 8.2M | 11.2M | 18.5M | 13M | 10.9M | 8M |
| Gross profit | -487K | -795K | -360K | 467K | 770K | 44K | -4M | 622K | 8.2M | 7.7M |
| Gross margin | -17.7% | -15.6% | -4.81% | 7.04% | 8.54% | 0.39% | -27.3% | 4.56% | 43% | 49% |
| Research & development | 6.9M | 7M | 5.8M | 9.6M | 7M | 11.8M | 17.4M | 18.3M | 4.5M | 4.1M |
| Selling, general & administrative | 6.8M | 7.4M | 9.3M | 21.4M | 15M | 21.8M | 38.5M | 31.5M | 10M | 9.8M |
| Operating expenses | 13.8M | 14.3M | 15.1M | 31.1M | 22M | 33.6M | 56M | 49.7M | 14.5M | 13.9M |
| Operating income | -14.6M | -15.5M | -15.9M | -31.2M | -22M | -34.3M | -61M | -50.6M | -7.6M | -7.2M |
| Operating margin | -529.4% | -303.3% | -212.3% | -471.4% | -243.6% | -306.8% | -420.2% | -370.7% | -39.8% | -46.2% |
| Non-operating income, net | -126K | 39K | -930K | -3.5M | -15.2M | 978K | 7.9M | 7.3M | 16K | 620K |
| Pretax income | -15M | -15.9M | -19.2M | -38.1M | -40.1M | -34.1M | -54M | -44.2M | -7.8M | -6.9M |
| Income tax | 0 | 3K | 5K | 0 | 10K | 90K | -47K | 17K | 0 | 0 |
| Net income | -15M | -15.9M | -19.2M | -38.1M | -40.1M | -34.2M | -53.9M | -44.2M | -7.8M | -6.9M |
| Net margin | -544.5% | -311.6% | -256.3% | -574.8% | -444.6% | -305.8% | -371.2% | -323.9% | -41.2% | -44.2% |
| EBITDA | -14.3M | -15.1M | -14.4M | -34.1M | -6M | -34.6M | -67.8M | -49.1M | -6.2M | -6.9M |
| EPS | -0.11 | -0.11 | — | -0.27 | -0.78 | -0.24 | — | -0.31 | -0.05 | -0.04 |
| Diluted EPS | -0.11 | -0.11 | — | -0.27 | -0.78 | -0.24 | — | -0.31 | -0.05 | -0.04 |
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 | Current |
|---|---|---|---|---|
| Market cap | — | 1.5B | — | 31.5M |
| Enterprise value | — | 1.5B | — | 10.5M |
| Shares outstanding | 141.3M | 144.6M | 86.5M | 86.5M |
| Metric | FY19 | FY20 | FY21 | Current |
|---|---|---|---|---|
| P/E | — | — | — | -0.1 |
| P/S | — | 81 | — | 0.38 |
| P/B | — | -9.49 | — | 0.54 |
| EV/EBITDA | — | -24.6 | — | -0.4 |
| EV/Sales | — | 80.8 | — | 0.16 |
| Earnings yield | — | — | — | -1K% |
| FCF yield | — | -4.04% | — | -30.6% |
| PEG | — | — | — | -0.01 |
| Metric | FY19 | FY20 | FY21 | Current |
|---|---|---|---|---|
| Gross margin | -16.2% | -12.1% | -6.47% | 4.56% |
| Operating margin | -333.9% | -342.2% | -359.2% | -38.9% |
| Net margin | -337.4% | -365.4% | -402.1% | -71.3% |
| ROE | — | 42.8% | -44.1% | -68.8% |
| ROA | — | -73.6% | -36.8% | -13.4% |
| ROIC | — | 39.2% | -158.4% | -214.2% |
| Return on tangible assets | — | -88.3% | -38.9% | -44.6% |
| Metric | FY19 | FY20 | FY21 | Current |
|---|---|---|---|---|
| Current ratio | — | 6.78 | 8.16 | 1.68 |
| Quick ratio | — | 6.08 | 7.87 | 7.51 |
| Debt / equity | — | -0.37 | — | 0.14 |
| Debt / assets | — | 0.64 | — | — |
| Net debt / EBITDA | — | 0.06 | — | 0.55 |
| Effective tax rate | 0% | 0% | 0% | 0% |
| Metric | FY19 | FY20 | FY21 | Current |
|---|---|---|---|---|
| Revenue per share | 0.11 | 0.12 | 0.48 | 0.41 |
| EPS (basic) | -0.36 | -0.46 | -1.92 | -1.92 |
| EPS (diluted) | -0.36 | -0.46 | -1.92 | -0.46 |
| Book value per share | — | -1.07 | 4.37 | 0.28 |
| FCF per share | -0.36 | -0.41 | -1.33 | -1.02 |
| Cash per share | — | 0.42 | 3.28 | 0.13 |
| Capex per share | 0.01 | 0 | — | 0.01 |
| Metric | FY19 | FY20 | FY21 | Current |
|---|---|---|---|---|
| Capex / revenue | 6.1% | 1.49% | — | 4.11% |
| Capex / operating cash flow | -1.94% | -0.48% | — | -1.29% |
| Payout ratio | — | — | — | 0% |
| $14.5M |
| $13.7M |
| $19.1M |
| $15.6M |
| YoY change | — | — | — | — | +227.5% | +119.8% | +93.9% | +106% | — | -18.1% |
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 |
|---|---|---|
| Cash & short-term investments | 60.5M | 283.8M |
| Receivables | 8.2M | 25.6M |
| Inventory | 8.3M | 11.6M |
| Total current assets | 80.4M | 332.6M |
| Property, plant & equipment | 753K | 2M |
| Goodwill & intangibles | 14.8M | 24.9M |
| Total assets | 89.6M | 452.3M |
| Accounts payable | 3.7M | 6.2M |
| Short-term debt | — | — |
| Total current liabilities | 11.9M | 40.8M |
| Long-term debt | 57.2M | — |
| Total liabilities | 243.9M | 74.7M |
| Shareholders' equity | -154.3M | 377.6M |
| Total debt | 57.2M | — |
| Net debt | -3.3M | — |
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 | Q2 26 |
|---|---|---|---|---|---|---|
| Cash & short-term investments | 60.5M | 472M | 328.4M | 283.8M | 264M | 20.9M |
| Receivables | 8.2M | 12.1M | 18.6M | 25.6M | 29M | 7.8M |
| Inventory | 8.3M | 9M | 10M | 11.6M | 19M | 12.1M |
| Total current assets | 80.4M | 496.2M | 367.2M | 332.6M | 324M | 47.8M |
| Property, plant & equipment | 753K | 1.2M | 1.7M | 2M | 2.8M | — |
| Goodwill & intangibles | 14.8M | 20.3M | 26.1M | 24.9M | 28.8M | 47.2M |
| Total assets | 89.6M | 508.6M | 487.5M | 452.3M | 415.1M | 93.4M |
| Accounts payable | 3.7M | 4.4M | 5.9M | 6.2M | 5.8M | 5.7M |
| Short-term debt | — | — | — | — | — | — |
| Total current liabilities | 11.9M | 20.3M | 25.3M | 40.8M | 40.6M | 28.4M |
| Long-term debt | 57.2M | — | — | — | — | 4.4M |
| Total liabilities | 243.9M | 56.4M | 62.2M | 74.7M | 72.8M | 47.7M |
| Shareholders' equity | -154.3M | 452.3M | 425.2M | 377.6M | 342.3M | 45.8M |
| Total debt | 57.2M | — | — | — | — | 4.4M |
| Net debt | -3.3M | — | — | — | — | -14.7M |
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 |
|---|---|---|---|
| Net income | -50.2M | -66M | -166.3M |
| Depreciation & amortization | 723K | 1.4M | 3.2M |
| Stock-based compensation | 3.5M | 1.5M | 29.9M |
| Change in working capital | -1M | 5.3M | -4.7M |
| Operating cash flow | -46.8M | -56.5M | -105.9M |
| Capital expenditure | -908K | -269K | — |
| Investing cash flow | -908K | -269K | -268.8M |
| Dividends paid | — | — | — |
| Share repurchases | — | — | — |
| Financing cash flow | 66.1M | 65.4M | 443.2M |
| Net change in cash | 18.3M | 8.7M | 68.5M |
| Free cash flow | -51.4M | -59.1M | -114.7M |
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 | Q3 20 | Q4 20 | Q1 21 | Q2 21 | Q3 21 | Q4 21 | Q1 22 |
|---|---|---|---|---|---|---|---|
| Net income | -15.9M | -19.2M | -38.1M | -40.1M | -34.2M | -53.9M | -44.2M |
| Depreciation & amortization | 321K | 475K | 653K | 689K | 825K | 1.1M | 1.5M |
| Stock-based compensation | 431K | 387K | 14.5M | 423K | 6.9M | 8M | 11.7M |
| Change in working capital | 3.8M | 2.3M | 4M | -2.1M | -3.3M | -3.3M | -8.1M |
| Operating cash flow | -11.3M | -14.8M | -17M | -39.5M | -29.8M | -47.1M | -38.2M |
| Capital expenditure | -3K | -146K | -290K | -294K | -409K | -548K | -736K |
| Investing cash flow | -3K | -146K | -290K | -294K | -409K | -80.9M | 14.2M |
| Dividends paid | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — |
| Financing cash flow | 7.1M | 48M | 2.1M | -3.5M | -1.8M | -3.5M | -4.6M |
| Net change in cash | -4.2M | 33M | -15.2M | -43.3M | -32M | -131.5M | -28.5M |
| Free cash flow | -11.9M | -13.8M | -16.1M | -21.1M | -34M | -43.5M | -46.6M |