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 % |
|---|---|---|---|---|---|---|
| Q4 23 | -$4.19 | -$4.03 | +3.8% | — | $64K | — |
| Q3 23 | -$7.2 | -$4.28 | +40.6% | — | $86K | — |
| Q2 23 | -$0.61 | -$0.4 | +34.4% | — | $113K | — |
| Q1 23 | -$0.95 | -$0.92 | +3.2% | — | $56K | — |
| Q4 22 | -$1.17 | -$0.79 | +32.5% | — | $109K | — |
| Q3 22 | -$1.88 | -$1.69 | +10.1% | — | $278K | — |
| Q2 22 | -$2.01 | -$1.86 | +7.5% | — | $185K | — |
| Q1 22 | -$2.12 | -$1.8 | +15.1% | — | $20K | — |
| Q4 21 | -$2.07 | -$1.8 | +13.0% | — | $99K | — |
| Q3 21 | -$31 | -$28.5 | +8.0% | — | $141K | — |
| Q2 21 | -$2.59 | -$2 | +22.8% | — | $100K | — |
| Q1 21 | -$2.1 | -$2.2 | -4.8% | — | $51K | — |
| Q4 20 | -$2.62 | -$2.4 | +8.4% | — | $36K | — |
| Q3 20 | -$2.44 | -$2.6 | -6.6% | — | $33K | — |
| Q2 20 | -$4.13 | -$3 | +27.4% | — | $1K | — |
| Q1 20 | -$4.43 | -$4.6 | -3.8% | — | $28K | — |
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 % |
|---|---|---|---|---|---|---|
| FY23 | — | -$15.9 | — | — | $319K | — |
| FY22 | — | -$86.1 | — | — | $592K | — |
| FY21 | — | -$162 | — | — | $391K | — |
| FY20 | — | -$180 | — | — | $98K | — |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | FY15 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | $36K | $107K | $98K | $391K | $592K | $319K |
| YoY change | — | 0% | 0% | +InfinityT% | +197.2% | -8.41% | +299% | +51.4% | -46.1% |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | FY15 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 36K | 107K | 98K | 391K | 592K | 319K |
| Cost of revenue | 0 | 0 | 0 | 54K | 136K | 496K | 624K | 796K | 569K |
| Gross profit | 0 | 0 | 0 | -18K | -29K | -398K | -233K | -204K | -250K |
| Gross margin | — | — | — | -50% | -27.1% | -406.1% | -59.6% | -34.5% | -78.4% |
| Research & development | 3.2M | 3.1M | 4.3M | 6M | 9M | 5.6M | 5.3M | 5.6M | 3.5M |
| Selling, general & administrative | 2.2M | 2.9M | 8.7M | 12.9M | 14.4M | 13.1M | 12.3M | 12M | 8.2M |
| Operating expenses | 5.3M | 6M | 13M | 18.9M | 23.4M | 18.6M | 17.7M | 17.6M | 11.7M |
| Operating income | -5.3M | -6M | -13M | -18.9M | -23.4M | -19M | -17.9M | -17.9M | -11.9M |
| Operating margin | — | — | — | -52.5K% | -21.9K% | -19.4K% | -4.6K% | -3K% | -3.7K% |
| Non-operating income, net | -632K | -1.9M | -230K | -3.5M | 77K | 254K | -392K | 506K | -199K |
| Pretax income | -6M | -8M | -13.2M | -22.3M | -23.1M | -19.3M | -19M | -18.6M | -12.9M |
| Income tax | 29K | 50K | 0 | 0 | 0 | — | — | — | — |
| Net income | -6M | -8M | -13.2M | -22.3M | -23.1M | -19.3M | -19M | -18.6M | -12.9M |
| Net margin | — | — | — | -61.8K% | -21.6K% | -19.6K% | -4.9K% | -3.1K% | -4K% |
| EBITDA | -5.9M | -7.9M | -12.9M | -15.6M | -23.2M | -18.2M | -17.4M | -16.5M | -11.1M |
| EPS | -1.5K | -203.7 | -242.6 | -441 | -276 | -180 | -162 | -86.1 | -15.9 |
| Diluted EPS | -1.5K | -203.7 | -242.6 | -441 | -276 | -180 | -162 | -86.1 | -15.9 |
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | Q2 21 | Q3 21 | Q4 21 | Q1 22 | Q2 22 | Q3 22 | Q4 22 | Q1 23 | Q2 23 | Q3 23 | Q4 23 | Q1 24 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 100K | 141K | 99K | 20K | 185K | 278K | 109K | 56K | 113K | 86K | 64K | 64K |
| Cost of revenue | 42K | 251K | 303K | 174K | 68K | 83K | 471K | 174K | 61K | 48K | 286K | 12K |
| Gross profit | 58K | -110K | -204K | -154K | 117K | 195K | -362K | -118K | 52K | 38K | -222K | 52K |
| Gross margin | 58% | -78% | -206.1% | -770% | 63.2% | 70.1% | -332.1% | -210.7% | 46% | 44.2% | -346.9% | 81.3% |
| Research & development | 1.5M | 1.2M | 1.3M | 1.3M | 1.4M | 1.6M | 1.4M | 1.5M | 759K | 693K | 561K | 455K |
| Selling, general & administrative | 3.1M | 3M | 3M | 3.1M | 3.3M | 3.3M | 2.3M | 2.8M | 2M | 1.7M | 1.7M | 1.6M |
| Operating expenses | 4.6M | 4.2M | 4.4M | 4.4M | 4.7M | 4.9M | 3.7M | 4.2M | 2.7M | 2.4M | 2.3M | 2.1M |
| Operating income | -4.6M | -4.3M | -4.6M | -4.5M | -4.6M | -4.7M | -4M | -4.4M | -2.7M | -2.4M | -2.5M | -2M |
| Operating margin | -4.6K% | -3.1K% | -4.6K% | -22.6K% | -2.5K% | -1.7K% | -3.7K% | -7.8K% | -2.4K% | -2.8K% | -3.9K% | -3.2K% |
| Non-operating income, net | -35K | -271K | 4K | 47K | -188K | 51K | 596K | 212K | -69K | -63K | -279K | -7K |
| Pretax income | -4.7M | -4.8M | -4.8M | -4.8M | -5.1M | -5M | -3.7M | -4.4M | -3M | -2.7M | -2.8M | -2.1M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — |
| Net income | -4.7M | -4.8M | -4.8M | -4.8M | -5.1M | -5M | -3.7M | -4.4M | -3M | -2.7M | -2.8M | -2.1M |
| Net margin | -4.7K% | -3.4K% | -4.9K% | -24.1K% | -2.8K% | -1.8K% | -3.4K% | -7.8K% | -2.7K% | -3.1K% | -4.4K% | -3.3K% |
| EBITDA | -4.5M | -4.2M | -4.2M | -4.3M | -4.5M | -4.5M | -3.2M | -3.9M | -2.6M | -2.3M | -2.3M | -1.9M |
| EPS | -29.9 | -30 | -30 | -27.9 | -27.9 | -27 | -11.8 | -13.8 | -6 | -4.28 | — | -0.88 |
| Diluted EPS | -29.9 | -30 | -30 | -27.9 | -27.9 | -27 | -11.8 | -13.8 | -6 | -4.28 | — | -0.88 |
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 | FY15 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | Current |
|---|---|---|---|---|---|---|---|---|---|---|
| Market cap | — | — | — | — | — | — | — | — | — | 1.3K |
| Enterprise value | — | — | — | — | — | — | — | — | — | -2.5M |
| Shares outstanding | 3.9K | 39.4K | 54.4K | 50.5K | 83.8K | 107.1K | 156.3K | 215.9K | 809.5K | 809.5K |
| Metric | FY15 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | Current |
|---|---|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | — | — | — | -0 |
| P/S | — | — | — | — | — | — | — | — | — | 0 |
| P/B | — | — | — | — | — | — | — | — | — | 0 |
| EV/EBITDA | — | — | — | — | — | — | — | — | — | 0.27 |
| EV/Sales | — | — | — | — | — | — | — | — | — | -7.66 |
| Earnings yield | — | — | — | — | — | — | — | — | — | -7.9M% |
| FCF yield | — | — | — | — | — | — | — | — | — | -344.8K% |
| PEG | — | — | — | — | — | — | — | — | — | 0 |
| Metric | FY15 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | Current |
|---|---|---|---|---|---|---|---|---|---|---|
| Gross margin | — | — | — | -50% | -27.1% | -406.1% | -59.6% | -34.5% | -78.4% | 81.3% |
| Operating margin | — | — | — | -52.5K% | -21.9K% | -19.4K% | -4.6K% | -3K% | -3.7K% | -3.2K% |
| Net margin | — | — | — | -61.8K% | -21.6K% | -19.6K% | -4.9K% | -3.1K% | -4K% | -78.4% |
| ROE | 160.9% | -80% | -239% | -120.2% | -126% | -170.6% | -197.1% | -624.7% | -478.9% | -1.1K% |
| ROA | -349.3% | -65.8% | -144% | -97% | -71.6% | -80% | -73% | -105.4% | -178.1% | -62% |
| ROIC | 1.9K% | 372% | 915.5% | 733.2% | 1.5K% | — | — | — | — | — |
| Return on tangible assets | -349.3% | -65.8% | -144% | -97% | -71.6% | -80% | -73% | -105.4% | -178.1% | -149.9% |
| Metric | FY15 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | Current |
|---|---|---|---|---|---|---|---|---|---|---|
| Current ratio | 2.11 | 15.9 | 4.18 | 9.21 | 2.66 | 2.08 | 7.19 | 3.2 | 1.76 | 1.74 |
| Quick ratio | 2.11 | 15.8 | 4.18 | 9.21 | 2.57 | 2.01 | 7.04 | 3.1 | 1.69 | 1.67 |
| Debt / equity | -1.27 | — | — | 0 | 0.48 | 0.78 | 1.25 | 3.84 | 0.92 | 0.79 |
| Debt / assets | 2.76 | — | — | 0 | 0.27 | 0.36 | 0.46 | 0.65 | 0.34 | 0.35 |
| Net debt / EBITDA | -0.58 | — | — | 1.36 | 0.86 | 0.66 | 0.6 | 0.16 | 0.22 | 0.28 |
| Interest coverage | -1.2K | -91.7 | -2.2K | — | — | -40.5 | -25.5 | -13.9 | -15.9 | -16.6 |
| Effective tax rate | 0% | 0% | 0% | 0% | 0% | — | — | — | — | — |
| Metric | FY15 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | Current |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue per share | 0 | 0 | 0 | 0.71 | 1.28 | 0.92 | 2.5 | 2.74 | 0.39 | 0.06 |
| EPS (basic) | -1.5K | -203.7 | -242.6 | -441 | -276 | -180 | -162 | -86.1 | -15.9 | -15.9 |
| EPS (diluted) | -1.5K | -203.7 | -242.6 | -441 | -276 | -180 | -162 | -86.1 | -15.9 | -5.92 |
| Book value per share | -947.1 | 254.6 | 101.5 | 367 | 218.8 | 105.4 | 61.8 | 13.8 | 3.32 | 0.59 |
| FCF per share | -1.3K | -156.3 | -204.1 | -306.8 | -243.3 | -159.5 | -95.3 | -82 | -14 | -0.98 |
| Cash per share | 328.7 | 295.6 | 127.5 | 418 | 342.9 | 194.5 | 144.3 | 65.1 | 6.12 | 0.86 |
| Capex per share | 17.3 | 0.76 | 13 | 10.8 | 5.59 | 0.82 | — | — | — | 0.01 |
| Metric | FY15 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | Current |
|---|---|---|---|---|---|---|---|---|---|---|
| Capex / revenue | — | — | — | 1.5K% | 437.4% | 89.8% | — | — | — | 19.9% |
| Capex / operating cash flow | -1.39% | -0.49% | -7.07% | -2.79% | -2.25% | -0.52% | — | — | — | -0.68% |
| Payout ratio | — | — | — | — | — | — | — | — | — | 0% |
| FY19 |
| — |
| -$276 |
| — |
| — |
| $107K |
| — |
| FY18 | — | -$441 | — | — | $36K | — |
| FY17 | — | -$242.6 | — | — | $0 | — |
| FY16 | — | -$203.7 | — | — | $0 | — |
| FY15 | — | -$1.5K | — | — | $0 | — |
| Period | Q2 21 | Q3 21 | Q4 21 | Q1 22 | Q2 22 | Q3 22 | Q4 22 | Q1 23 | Q2 23 | Q3 23 | Q4 23 | Q1 24 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $100K | $141K | $99K | $20K | $185K | $278K | $109K | $56K | $113K | $86K | $64K | $64K |
| YoY change | +9.9K% | +327.3% | +175% | -60.8% | +85% | +97.2% | +10.1% | +180% | -38.9% | -69.1% | -41.3% | +14.3% |
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 | FY15 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 |
|---|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 1.3M | 11.6M | 6.9M | 21.1M | 28.7M | 20.8M | 22.6M | 14M | 5M |
| Receivables | — | — | 0 | 5K | 65K | 35K | 109K | 59K | 76K |
| Inventory | 0 | 81K | 6K | 23K | 1M | 805K | 496K | 488K | 245K |
| Total current assets | 1.5M | 12M | 8.3M | 22.1M | 30.2M | 22.1M | 24M | 15.4M | 5.8M |
| Property, plant & equipment | 157K | 141K | 783K | 846K | 2.1M | 1.9M | 2.1M | 1.8M | 1.2M |
| Goodwill & intangibles | — | — | — | — | — | — | — | — | — |
| Total assets | 1.7M | 12.2M | 9.2M | 23M | 32.3M | 24.1M | 26.1M | 17.6M | 7.2M |
| Accounts payable | 462K | 107K | 882K | — | — | — | — | — | — |
| Short-term debt | — | — | — | — | 8.1M | 8.2M | 738K | 2.8M | 1.2M |
| Total current liabilities | 698K | 752K | 2M | 2.4M | 11.3M | 10.6M | 3.3M | 4.8M | 3.3M |
| Long-term debt | 4.7M | — | — | 0 | 713K | 547K | 11.3M | 8.7M | 1.3M |
| Total liabilities | 5.4M | 2.2M | 3.6M | 4.4M | 13.9M | 12.8M | 16.4M | 14.7M | 4.5M |
| Shareholders' equity | -3.7M | 10M | 5.5M | 18.5M | 18.3M | 11.3M | 9.7M | 3M | 2.7M |
| Total debt | 4.7M | — | — | 0 | 8.8M | 8.8M | 12.1M | 11.4M | 2.5M |
| Net debt | 3.4M | — | — | -18.1M | -11.7M | -12.1M | -10.5M | -2.6M | -2.5M |
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 | Q2 21 | Q3 21 | Q4 21 | Q1 22 | Q2 22 | Q3 22 | Q4 22 | Q1 23 | Q2 23 | Q3 23 | Q4 23 | Q1 24 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 26.4M | 23.7M | 22.6M | 20.3M | 15.8M | 13.3M | 14M | 8.6M | 8.5M | 5.7M | 5M | 4.9M |
| Receivables | 73K | 181K | 109K | 18K | 81K | 161K | 59K | 52K | 106K | 102K | 76K | 81K |
| Inventory | 706K | 515K | 496K | 700K | 1M | 1M | 488K | 464K | 446K | 407K | 245K | 228K |
| Total current assets | 28M | 24.9M | 24M | 22.4M | 18.2M | 15.5M | 15.4M | 10.3M | 9.8M | 6.7M | 5.8M | 5.8M |
| Property, plant & equipment | 2.2M | 2.2M | 2.1M | 2M | 1.9M | 1.9M | 1.8M | 1.6M | 1.5M | 1.4M | 1.2M | 1.1M |
| Goodwill & intangibles | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | 30.2M | 27.1M | 26.1M | 24.4M | 20.1M | 17.4M | 17.6M | 12.2M | 11.7M | 8.5M | 7.2M | 7.1M |
| Accounts payable | — | — | — | — | — | — | — | — | — | — | — | — |
| Short-term debt | 8.2M | 300K | 738K | 1.4M | 2M | 2.7M | 2.8M | 2.9M | 2.9M | 3M | 1.2M | 1.7M |
| Total current liabilities | 10.4M | 2.6M | 3.3M | 3.4M | 4.3M | 5.5M | 4.8M | 4.4M | 4.5M | 4.5M | 3.3M | 3.3M |
| Long-term debt | 467K | 8.9M | 11.3M | 10.7M | 10M | 9.3M | 8.7M | 7.9M | 7.2M | 6.4M | 1.3M | 690K |
| Total liabilities | 12.6M | 13.3M | 16.4M | 15.8M | 16.1M | 16.6M | 14.7M | 13.3M | 12.7M | 11M | 4.5M | 4M |
| Shareholders' equity | 17.6M | 13.8M | 9.7M | 8.6M | 4M | 762K | 3M | -1.1M | -963K | -2.5M | 2.7M | 3.1M |
| Total debt | 8.7M | 9.2M | 12.1M | 12.1M | 12.1M | 12M | 11.4M | 10.8M | 10.1M | 9.4M | 2.5M | 2.4M |
| Net debt | -17.7M | -14.5M | -10.5M | -8.3M | -3.7M | -1.2M | -2.6M | 2.2M | 1.6M | 3.7M | -2.5M | -2.5M |
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 | FY15 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 |
|---|---|---|---|---|---|---|---|---|---|
| Net income | -6M | -8M | -13.2M | -22.3M | -23.1M | -19.3M | -19M | -18.6M | -12.9M |
| Depreciation & amortization | 45K | 46K | 65K | 152K | 223K | 632K | 701K | 837K | 677K |
| Stock-based compensation | 11K | 54K | 2.2M | 2.5M | 3.2M | 3.1M | 3.7M | 2M | 471K |
| Change in working capital | 420K | -110K | 669K | -292K | -1.3M | -1M | -658K | -1.5M | -236K |
| Operating cash flow | -4.9M | -6.1M | -10M | -19.6M | -20.8M | -16.8M | -14.4M | -17.5M | -11.2M |
| Capital expenditure | -68K | -30K | -707K | -547K | -468K | -88K | — | — | — |
| Investing cash flow | -154K | -6K | -751K | -3.5M | -5.6M | 8.1M | 0 | — | — |
| Dividends paid | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | 0 | -11K | -12K |
| Financing cash flow | 5.6M | 16.5M | 6.4M | 27.2M | 26.1M | 9.1M | 4.7M | 9.2M | 2.2M |
| Net change in cash | 585K | 10.4M | -4.3M | 4.1M | -359K | 412K | -9.7M | -8.3M | -9M |
| Free cash flow | -5M | -6.2M | -11.1M | -15.5M | -20.4M | -17.1M | -14.9M | -17.7M | -11.3M |
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 | Q2 21 | Q3 21 | Q4 21 | Q1 22 | Q2 22 | Q3 22 | Q4 22 | Q1 23 | Q2 23 | Q3 23 | Q4 23 | Q1 24 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income | -4.7M | -4.8M | -4.8M | -4.8M | -5.1M | -5M | -3.7M | -4.4M | -3M | -2.7M | -2.8M | -2.1M |
| Depreciation & amortization | 120K | 216K | 383K | 203K | 225K | 206K | 203K | 190K | 161K | 166K | 160K | 150K |
| Stock-based compensation | 1.1M | 908K | 756K | 578K | 522K | 500K | 444K | 222K | 49K | 93K | 107K | 71K |
| Change in working capital | -5K | -207K | -346K | -369K | -536K | -184K | -450K | -51K | -163K | -19K | -3K | -54K |
| Operating cash flow | -3.5M | -3.8M | -4.1M | -4.4M | -4.8M | -4.4M | -3.9M | -4.2M | -2.8M | -2.3M | -2.5M | -1.9M |
| Capital expenditure | -130K | -156K | -45K | -1K | -48K | -166K | -9K | -39K | -49K | -16K | 0 | 0 |
| Investing cash flow | -130K | -156K | -45K | -1K | -48K | -166K | -9K | -39K | -49K | -16K | 0 | 0 |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | 0 | — | — | — | -12K | — |
| Financing cash flow | 1.8M | -441K | 2.9M | 3M | 32K | 1.3M | 4.8M | -553K | 2.5M | -816K | 1.1M | -703K |
| Net change in cash | -1.8M | -4.4M | -1.3M | -1.3M | -4.8M | -3.2M | 859K | -4.8M | -381K | -3.1M | -1.4M | -2.6M |
| Free cash flow | -3.2M | -3.1M | -4M | -5.2M | -4.6M | -3.8M | -4M | -4.8M | -2.6M | -2M | -1.9M | -2M |