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 | — | — | — | — | $333.6M | — |
| FY24 | — | — | — | — | $466.4M | — |
| FY23 | — | — | — | — | $905K | — |
| FY22 | — | — | — | — | $0 | — |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|
| Revenue | $0 | $905K | $466.4M | $333.6M |
| YoY change | — | +InfinityT% | +51.4K% | -28.5% |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | Q3 22 | Q4 22 | Q1 23 | Q2 23 | Q3 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 |
|---|
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|
| Revenue | 0 | 905K | 466.4M | 333.6M |
| Cost of revenue | 0 | 1M | 287.1M | 207.9M |
| Gross profit | 0 | -143.3K | 179.3M | 125.7M |
| Gross margin | — | -15.8% | 38.4% | 37.7% |
| Research & development | 985.2K | 1.4M | 17.4M | 15.1M |
| Selling, general & administrative | 2.6M | 47.7M | 94M | 88.8M |
| Operating expenses | 3.7M | 49.1M | 112.9M | 106.2M |
| Operating income | -3.7M | -49.4M | 41.8M | -3.5M |
| Operating margin | — | -5.5K% | 8.96% | -1.05% |
| Non-operating income, net | -872.3K | -3.2M | -32.2M | -59.1M |
| Pretax income | -4.5M | -52M | -28M | -170M |
| Income tax | 0 | -234.5K | 1.1M | 6.6M |
| Net income | -4.5M | -51.8M | -29.1M | -176.6M |
| Net margin | — | -5.7K% | -6.23% | -52.9% |
| EBITDA | -3.7M | -48.5M | 38.6M | -82.2M |
| EPS | — | — | — | — |
| Diluted EPS | — | — | — | — |
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | Q3 22 | Q4 22 | Q1 23 | Q2 23 | Q3 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 0 | 905K | 1.7M | 252.1K | 2.1M | 1.5M | 1.6M | 2.6M |
| Cost of revenue | — | — | 0 | 0 | 0 | — | 1.5M | 20K | 2M | 1.6M | 1.5M | 3.3M |
| Gross profit | — | — | 0 | 0 | 0 | — | 220.4K | 232.1K | 91.7K | -71.6K | 14.8K | -674.4K |
| Gross margin | — | — | — | — | — | — | 12.7% | 92.1% | 4.35% | -4.7% | 0.95% | -25.5% |
| Research & development | 176.2K | 276.9K | 372.9K | 31.6K | 576.1K | 370.6K | 387.7K | 516K | 447.6K | 420.9K | 425.5K | 298K |
| Selling, general & administrative | 317.2K | 1M | 333.9K | 43.1M | 775.3K | 3.4M | 1.9M | 1.7M | 1.8M | 2M | 1.6M | 899.6K |
| Operating expenses | 520K | 1.3M | 718.3K | 43.2M | 1.4M | 245.9K | 2.3M | 2M | 2.1M | 2.3M | 2M | 1.2M |
| Operating income | -520K | -1.3M | -718.3K | -43.2M | -1.4M | -548.4K | -2.3M | -1.8M | -2M | -2.9M | -2.1M | -2.1M |
| Operating margin | — | — | — | — | — | -60.6% | -130.3% | -711.2% | -96.8% | -193% | -135% | -77.9% |
| Non-operating income, net | — | — | -3.1K | -4.5M | 934.9K | — | 223.3K | — | — | -136.1K | 339K | 305.9K |
| Pretax income | -1.2M | -1.5M | -721.4K | -48M | -358.6K | -3M | -1.8M | -2M | -1.3M | -3.3M | -1.9M | -2.1M |
| Income tax | 0 | 0 | 0 | 0 | 0 | -234.5K | -215.3K | -236K | 127K | -722.7K | -28K | 280.9K |
| Net income | -1.2M | -1.5M | -721.4K | -48M | -358.6K | -2.7M | -1.6M | -1.8M | -1.4M | -2.5M | -1.9M | -2.4M |
| Net margin | — | — | — | — | — | -303.6% | -91.4% | -707.4% | -66.5% | -166.5% | -123% | -91.8% |
| EBITDA | -519.5K | -2.2M | -717.9K | -43.5M | -1.3M | -2.9M | -1.7M | -1.7M | -627.1K | -1.8M | -1.4M | -1.7M |
| EPS | — | — | — | — | — | — | — | — | — | — | — | — |
| Diluted EPS | — | — | — | — | — | — | — | — | — | — | — | — |
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 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| Market cap | — | — | — | — | — | — | — | — | 0 |
| Enterprise value | — | — | — | — | — | — | — | — | 246.1M |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| P/S | — | — | — | — | — | — | — | — | 0 |
| P/B | — | — | — | — | — | — | — | — | 0.03 |
| EV/EBITDA | — | — | — | — | — | — | — | — | -2.99 |
| EV/Sales | — | — | — | — | — | — | — | — | 0.74 |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| Gross margin | — | — | — | — | — | -15.8% | 38.4% | 37.7% | -25.5% |
| Operating margin | — | — | — | — | — | -5.5K% | 8.96% | -1.05% | -39.5% |
| Net margin | — | — | — | — | — | -5.7K% | -6.23% | -52.9% | 37.7% |
| ROE | — | — | — | — | -282.2% | -512.5% | -11.6% | 213.1% | 55.8% |
| ROA | — | — | — | — | -79.5% | -215.3% | -3.06% | -86.3% | -22.6% |
| ROIC | — | — | — | — | -699% | -497.7% | 6.56% | -2.26% | -39.8% |
| Return on tangible assets | — | — | — | — | 129.1% | -795.5% | -7.84% | -326% | -65.2% |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| Current ratio | — | — | — | — | 0.27 | 0.42 | 1.03 | 0.13 | 0.15 |
| Quick ratio | — | — | — | — | 0.27 | 0.39 | 0.73 | 0.12 | 0.73 |
| Debt / equity | — | — | — | — | — | 0.26 | 1.82 | -2.98 | 0.04 |
| Debt / assets | — | — | — | — | — | 0.11 | 0.48 | 1.21 | 0.7 |
| Net debt / EBITDA | — | — | — | — | — | 0 | 10 | -2.89 | -3.67 |
| Interest coverage | — | — | — | — | -2.1K | -324.1 | 0.22 | -3.46 | -2.95 |
| Effective tax rate | — | — | — | — | 0% | 0% | 0% | 0% | 0% |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| Book value per share | — | — | — | — | — | — | — | — | 0.7 |
| FCF per share | — | — | — | — | — | — | — | — | -63.8 |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| Capex / revenue | — | — | — | — | — | 1.64% | 2.54% | 2.58% | 2.58% |
| Capex / operating cash flow | — | — | — | — | 0% | -0.2% | 30% | 236.9% | 236.9% |
| Payout ratio | — | — | — | — | 0% | 0% | 0% | 0% | 0% |
| Revenue | $0 | $0 | $0 | $0 | $0 | $905K | $1.7M | $252.1K | $2.1M | $1.5M | $1.6M | $2.6M |
| YoY change | — | — | — | — | 0% | +InfinityT% | +InfinityT% | +InfinityT% | +InfinityT% | +68.3% | -10.5% | +948.3% |
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 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 753.2K | 16.3M | 5.6M | 980.5K | 1.1M | 2.8M | 67.7M | 9M |
| Receivables | — | 0 | 1.3M | — | 0 | 361.1K | 209M | 6.1M |
| Inventory | — | 0 | 322.4K | — | 0 | 465.7K | 126.2M | 2.2M |
| Total current assets | 756K | 21M | 8.5M | 1.3M | 1.1M | 5.3M | 438.2M | 31.2M |
| Property, plant & equipment | 2.2K | 433.2K | 1.1M | 10.6K | 8.9K | 1.2M | 86M | 3.4M |
| Goodwill & intangibles | — | 19.6M | 19.2M | 9.2M | 9.2M | 17.5M | 579M | 150.5M |
| Total assets | 758.2K | 31.7M | 20.2M | 5.9M | 5.7M | 24.1M | 949.8M | 204.7M |
| Accounts payable | 61.9K | 289.8K | 1.3M | 587.7K | 164.1K | 2.3M | 161.7M | 7.1M |
| Short-term debt | — | 6.3K | 2.3M | — | — | 2.5M | 237.6M | 227.3M |
| Total current liabilities | 61.9K | 296K | 5.1M | 587.7K | 4.1M | 12.6M | 427.4M | 236.1M |
| Long-term debt | — | 103.2K | 920.9K | — | — | 99K | 216.2M | 19.6M |
| Total liabilities | 61.9K | 399.2K | 6M | 587.7K | 4.1M | 13.9M | 699.8M | 287.6M |
| Shareholders' equity | 696.2K | 31.3M | 8.4M | 5.3M | 1.6M | 10.1M | 250M | -82.9M |
| Total debt | — | 109.4K | 3.2M | — | — | 2.6M | 453.9M | 246.9M |
| Net debt | — | -15.9M | -2.4M | — | — | 117.6K | 400.9M | 246.1M |
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 22 | Q2 23 | Q3 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 1.1M | 10.4M | 6.2M | 2.8M | 853.9K | 1.8M | 4.3M | 67.7M | 3.6M | 1.9M |
| Receivables | 0 | — | — | 361.1K | 502.9K | 284.8K | 548.3K | 209M | 553.5K | 1.9M |
| Inventory | 0 | — | — | 465.7K | 390.3K | 501.6K | 386.9K | 126.2M | 5.6M | 4.8M |
| Total current assets | 1.1M | 10.4M | 7.2M | 5.3M | 3.2M | 3.6M | 6.6M | 438.2M | 11.2M | 9.5M |
| Property, plant & equipment | 8.9K | 8.1K | 10.2K | 1.2M | 1.6M | 1.3M | 1.6M | 86M | 1.6M | 1.6M |
| Goodwill & intangibles | 9.2M | 9.3M | 9.5M | 17.5M | 17.2M | 14M | 16M | 579M | 18.5M | 18.7M |
| Total assets | 5.7M | 23.2M | 20M | 24.1M | 22.5M | 21.3M | 26M | 949.8M | 32.6M | 31.4M |
| Accounts payable | 164.1K | 608.3K | 622.6K | 2.3M | 2.3M | 653.8K | 639.6K | 161.7M | 738.1K | 1M |
| Short-term debt | — | 160K | 160K | 2.5M | 2.5M | 2.4M | 3M | 237.6M | 3.7M | 2.5M |
| Total current liabilities | 4.1M | 11.3M | 8.4M | 12.6M | 12.5M | 8.3M | 7.8M | 427.4M | 7.4M | 6.5M |
| Long-term debt | — | — | — | 99K | 243.9K | 5.9M | 10.9M | 216.2M | 18.4M | 19.5M |
| Total liabilities | 4.1M | 11.3M | 8.4M | 13.9M | 13.6M | 14.6M | 19.3M | 699.8M | 26.9M | 28.6M |
| Shareholders' equity | 1.6M | 11.9M | 11.6M | 10.1M | 8.9M | 6.7M | 6.6M | 250M | 5.7M | 2.8M |
| Total debt | — | 160K | 160K | 2.6M | 2.8M | 8.3M | 13.9M | 453.9M | 22.1M | 22.1M |
| Net debt | — | -10.3M | -6.1M | 117.6K | 1.9M | 6.6M | 9.6M | 400.9M | 18.5M | 20.2M |
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 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|
| Net income | -4.5M | -51.8M | -29.1M | -176.6M |
| Depreciation & amortization | 1.7K | 122K | 21.3M | 22.3M |
| Stock-based compensation | 838.6K | 43.8M | 14.2M | 4.4M |
| Change in working capital | 927.9K | 2.1M | -39.5M | 42.9M |
| Operating cash flow | -2.7M | -7.5M | 39.6M | 3.6M |
| Capital expenditure | 0 | -14.8K | -11.9M | -8.6M |
| Investing cash flow | 0 | -2.2M | -14.6M | -30.4M |
| Dividends paid | 0 | 0 | 0 | 0 |
| Share repurchases | — | — | -734.4K | -926.9K |
| Financing cash flow | 2M | 11.3M | 37.5M | 13.1M |
| Net change in cash | -744.3K | 1.6M | 62.5M | -13.7M |
| Free cash flow | -1.9M | -7.7M | 14.5M | -11M |
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 22 | Q4 22 | Q1 23 | Q2 23 | Q3 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income | -1.2M | -1.5M | -721.4K | -48M | -358.6K | -2.7M | -1.6M | -1.8M | -1.4M | -2.5M | -1.9M | -27.5M |
| Depreciation & amortization | 425 | 425 | 425 | 424 | 425 | 120.7K | 190.5K | 250.7K | 289.4K | 283.5K | 324.6K | -324.6K |
| Stock-based compensation | 71.4K | 63.9K | 0 | 42.8M | 0 | 1M | 407.4K | 458.8K | 770.1K | 410.8K | 285.6K | -285.6K |
| Change in working capital | 10K | 629.2K | 727.5K | 4.3M | -3.8M | 821.8K | 210K | -3.1M | -1.5M | 1.6M | 88.3K | 196.8K |
| Operating cash flow | -1.1M | -822.2K | 9.6K | -906K | -4.3M | -2.2M | -1.9M | -4M | -2.4M | -640.9K | -1.4M | -2.2M |
| Capital expenditure | — | — | 0 | 0 | -2.6K | -12.3K | -104.4K | 7.5K | -30.3K | -31K | -59.7K | — |
| Investing cash flow | — | — | 0 | 0 | -2.6K | -12.3K | 174.6K | 16.4K | 112.5K | -24K | -59.7K | 0 |
| Dividends paid | — | — | 0 | 0 | 0 | — | 0 | 0 | 0 | 0 | 0 | 0 |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | 0 | 500K | 0 | 0 | 0 | 10.7K | -79.2K | 5.5M | 5.2M | 2.2M | -393.6K | -415K |
| Net change in cash | -1.1M | -322.2K | 9.6K | -906K | -4.3M | -2.2M | -1.8M | 1.5M | 2.9M | 1.5M | -1.8M | -2.6M |
| Free cash flow | -439.3K | -608.9K | 9.6K | -659.1K | -4.3M | -2.7M | -1.8M | -3.9M | -2.7M | -1.1M | -1.2M | -2.1M |