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 24 | -$0.43 | -$0.46 | -7.0% | — | $7.4M | — |
| Q4 23 | -$0.19 | -$0.09 | +52.6% | — | $8.7M | — |
| Q3 23 | -$0.79 | -$0.97 | -22.8% | — | $8.7M | — |
| Q2 23 | -$0.95 | -$1.05 | -10.5% | — | $10M | — |
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 | — | -$4.14 | — | — | $37.2M | — |
| FY22 | — | -$5.24 | — | — | $24.3M | — |
| FY21 | — | -$6.36 | — | — | $14.2M | — |
| FY20 | — | -$0.84 | — | — | $0 | — |
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 |
|---|---|---|---|---|
| Revenue | $0 | $14.2M | $24.3M | $37.2M |
| YoY change | — | +InfinityT% | +71.1% | +52.6% |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | Q4 22 | Q1 23 | Q2 23 | Q3 23 | Q4 23 | Q1 24 |
|---|---|---|---|---|---|---|
| Revenue | $7.6M | $9.7M | $10M | $8.7M | $8.7M | $7.4M |
| YoY change | — | — |
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 |
|---|---|---|---|---|
| Revenue | 0 | 14.2M | 24.3M | 37.2M |
| Cost of revenue | 0 | 10.3M | 17.1M | 24.2M |
| Gross profit | 0 | 3.9M | 7.2M | 12.9M |
| Gross margin | — | 27.7% | 29.6% | 34.8% |
| Research & development | 1.8M | 1.7M | 3.7M | 1.3M |
| Selling, general & administrative | 1.5M | 13M | 19.3M | 25.8M |
| Operating expenses | 3.3M | 17.8M | 30.4M | 35.4M |
| Operating income | -3.4M | -15.9M | -26.7M | -26.4M |
| Operating margin | — | -111.5% | -109.6% | -71% |
| Non-operating income, net | 20.9K | 153.6K | -39.3K | -1.1M |
| Pretax income | -3.9M | -16.1M | -27M | -29M |
| Income tax | 0 | -150K | -521.1K | -290.1K |
| Net income | -3.9M | -16M | -26.5M | -28.8M |
| Net margin | — | -112.4% | -108.7% | -77.4% |
| EBITDA | -3.2M | -13.6M | -22.3M | -20.5M |
| EPS | -0.84 | -6.36 | -5.24 | -4.14 |
| Diluted EPS | -0.84 | -6.36 | -5.24 | -4.14 |
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | Q4 22 | Q1 23 | Q2 23 | Q3 23 | Q4 23 | Q1 24 |
|---|---|---|---|---|---|---|
| Revenue | 7.6M | 9.7M | 10M | 8.7M | 8.7M | 7.4M |
| Cost of revenue | 4.8M | 6.4M | 6.4M | 5.7M | 5.7M | 4.9M |
| Gross profit | 2.8M | 3.3M | 3.6M | 3M | 3M | 2.5M |
| Gross margin | 36.9% | 33.7% | 36% | 34.8% | 34.4% | 34% |
| Research & development | 1M | 500.2K | 523.4K | 267.3K | 20.8K | 7K |
| Selling, general & administrative | 6.5M | 7.4M | 7.2M | 6.8M | 4.3M | 4M |
| Operating expenses | 10.4M | 10.7M | 9.5M | 9.1M | 6M | 5.6M |
| Operating income | -8.7M | -8.5M | -6.9M | -7M | -3.9M | -4.1M |
| Operating margin | -114.4% | -88.1% | -68.9% | -80.4% | -44.8% | -55% |
| Non-operating income, net | -69K | 34.9K | -296.2K | 110.1K | -990.4K | 117K |
| Pretax income | -9.1M | -8.9M | -7.6M | -7.3M | -5.3M | -4.3M |
| Income tax | -521.1K | 0 | 0 | 0 | -290.1K | 0 |
| Net income | -8.5M | -8.9M | -7.6M | -7.3M | -5M | -4.3M |
| Net margin | -111.9% | -91.7% | -75.2% | -83.6% | -57.7% | -58.8% |
| EBITDA | -7.4M | -7.2M | -5.1M | -5.7M | -2.5M | -2.9M |
| EPS | -1.64 | -1.68 | -1.1 | -0.98 | — | -0.46 |
| Diluted EPS | -1.64 | -1.68 | -1.1 | -0.98 | — | -0.46 |
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 |
|---|---|---|---|---|---|
| Cash & short-term investments | 187.3K | 1.8M | 19.2M | 13.8M | 1.1M |
| Receivables | — | 0 | 208.8K | 1.4M | 1.1M |
| Inventory | — | — | — | — | — |
| Total current assets | 290.1K | 2.2M | 27M | 26.5M | 17.1M |
| Property, plant & equipment | 700K | 532.7K | 2.9M | 5.3M | 3M |
| Goodwill & intangibles | 6.5M | 7.6M | 28.4M | 33.5M | 20.6M |
| Total assets | 4.2M | 6.5M | 44.2M | 49.9M | 31.7M |
| Accounts payable | 44.9K | 174.9K | 1.1M | 1.5M | 4.6M |
| Short-term debt | 87K | 2M | 784.5K | 1.3M | 512.4K |
| Total current liabilities | 199.3K | 2.6M | 11.1M | 17.4M | 20.8M |
| Long-term debt | 4.9M | 7.4M | 1.3M | 4.8M | 3.7M |
| Total liabilities | 5.1M | 10M | 14.5M | 43.8M | 45.1M |
| Shareholders' equity | -873.1K | -3.5M | 29.7M | 6.1M | -13.4M |
| Total debt | 5M | 9.3M | 2.1M | 6.1M | 4.2M |
| Net debt | 4.8M | 7.6M | -17.1M | -7.7M | 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 22 | Q1 23 | Q2 23 | Q3 23 | Q4 23 | Q1 24 |
|---|---|---|---|---|---|---|
| Cash & short-term investments | 13.8M | 6.2M | 8.7M | 3M | 1.1M | 851K |
| Receivables | 1.4M | 963.1K | 1M | 977.4K | 1.1M | 366K |
| Inventory | — | — | — | — | — | — |
| Total current assets | 26.5M | 20.1M | 23.7M | 16.8M | 17.1M | 16.5M |
| Property, plant & equipment | 5.3M | 4.9M | 3.5M | 3.2M | 3M | 2.9M |
| Goodwill & intangibles | 33.5M | 31.8M | 30.3M | 28.6M | 20.6M | 18.8M |
| Total assets | 49.9M | 42.2M | 43.7M | 35.6M | 31.7M | 30.1M |
| Accounts payable | 1.5M | 2.1M | 2.1M | 3.1M | 4.6M | 3.8M |
| Short-term debt | 1.3M | 1.1M | 784.9K | 600.1K | 512.4K | 523K |
| Total current liabilities | 17.4M | 17.5M | 22.2M | 20.4M | 20.8M | 20.1M |
| Long-term debt | 4.8M | 4.6M | 4M | 3.8M | 3.7M | 3.5M |
| Total liabilities | 43.8M | 44.1M | 46.4M | 44.9M | 45.1M | 44.6M |
| Shareholders' equity | 6.1M | -1.9M | -2.7M | -9.2M | -13.4M | -14.5M |
| Total debt | 6.1M | 5.7M | 4.7M | 4.4M | 4.2M | 4.1M |
| Net debt | -7.7M | -454.4K | -4M | 1.4M | 3M | 3.2M |
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 | Current |
|---|---|---|---|---|---|---|
| Market cap | — | — | — | — | — | 16.2M |
| Enterprise value | — | — | — | — | — | 44.9M |
| Shares outstanding | — | 4.6M | 2.5M | 5.1M | 7M | 7M |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | Current |
|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | -0.15 |
| P/S | — | — | — | — | — | 0.94 |
| P/B | — | — | — | — | — | -0.42 |
| EV/EBITDA | — | — | — | — | — | -3.42 |
| EV/Sales | — | — | — | — | — | 2.62 |
| Earnings yield | — | — | — | — | — | -646.9% |
| FCF yield | — | — | — | — | — | -2.66% |
| PEG | — | — | — | — | — | 0 |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | Current |
|---|---|---|---|---|---|---|
| Gross margin | — | — | 27.7% | 29.6% | 34.8% | 34% |
| Operating margin | — | — | -111.5% | -109.6% | -71% | -55.9% |
| Net margin | — | — | -112.4% | -108.7% | -77.4% | -97.4% |
| ROE | — | 110.6% | -53.8% | -431.5% | 214% | 214% |
| ROA | — | -59.2% | -36.2% | -53% | -90.8% | -69.9% |
| ROIC | — | -82.3% | -125.8% | 1.7K% | 253.9% | 194.3% |
| Return on tangible assets | — | 349.7% | -101.1% | -160.9% | -260.6% | -214.8% |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | Current |
|---|---|---|---|---|---|---|
| Current ratio | — | 0.82 | 2.42 | 1.53 | 0.82 | 0.38 |
| Quick ratio | — | 0.82 | 2.42 | 1.53 | 0.82 | 0.82 |
| Debt / equity | — | -2.67 | 0.07 | 0.99 | -0.31 | -0.02 |
| Debt / assets | — | 1.43 | 0.05 | 0.12 | 0.13 | 0.14 |
| Net debt / EBITDA | — | -2.38 | 1.25 | 0.34 | -0.15 | -0.2 |
| Interest coverage | — | -6.42 | -36.8 | -100.2 | -18 | -14.9 |
| Effective tax rate | — | 0% | 0% | 0% | 0% | 0% |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | Current |
|---|---|---|---|---|---|---|
| Revenue per share | — | 0 | 5.65 | 4.81 | 5.34 | 0.86 |
| EPS (basic) | — | -0.84 | -6.36 | -5.24 | -4.14 | -4.14 |
| EPS (diluted) | — | -0.84 | -6.36 | -5.24 | -4.14 | -7.57 |
| Book value per share | — | -0.76 | 11.8 | 1.21 | -1.93 | -1.39 |
| FCF per share | — | -0.56 | -4.98 | -7.16 | -2.27 | -1.36 |
| Cash per share | — | 0.38 | 7.61 | 2.72 | 0.16 | 0.01 |
| Capex per share | — | 0 | 0.11 | 0.07 | 0 | 0 |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | Current |
|---|---|---|---|---|---|---|
| Capex / revenue | — | — | 1.92% | 1.49% | 0.07% | 0.07% |
| Capex / operating cash flow | — | -0.72% | -2.16% | -1.69% | -0.15% | -0.16% |
| Payout ratio | — | — | — | — | — | 0% |
| — |
| — |
| +14.1% |
| -23.6% |
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 |
|---|---|---|---|---|
| Net income | -3.9M | -16M | -26.5M | -28.8M |
| Depreciation & amortization | 152.4K | 2.1M | 4.1M | 5.4M |
| Stock-based compensation | 1M | 1.2M | 3.1M | 2.1M |
| Change in working capital | 43K | -265.8K | -2.1M | 1.6M |
| Operating cash flow | -2.1M | -12.6M | -21.5M | -18.4M |
| Capital expenditure | 14.9K | -273.4K | -362.8K | 26.9K |
| Investing cash flow | 14.9K | 11.1M | 33M | 1M |
| Dividends paid | — | — | — | — |
| Share repurchases | — | — | — | — |
| Financing cash flow | 4.1M | 21.3M | 0 | 5.1M |
| Net change in cash | 2M | 19.8M | 11.5M | -12.3M |
| Free cash flow | -2.5M | -12.5M | -36.2M | -15.7M |
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 | Q4 22 | Q1 23 | Q2 23 | Q3 23 | Q4 23 | Q1 24 |
|---|---|---|---|---|---|---|
| Net income | -8.5M | -8.9M | -7.6M | -7.3M | -5M | -4.3M |
| Depreciation & amortization | 1.2M | 1.3M | 1.8M | 1.2M | 1.1M | 1M |
| Stock-based compensation | 672.6K | 623.4K | 366.9K | 846.6K | 261.7K | 561K |
| Change in working capital | -895.6K | 1.2M | -712.3K | -196.5K | 1.3M | 711K |
| Operating cash flow | -7.3M | -5.3M | -5.7M | -5M | -2.1M | -1.6M |
| Capital expenditure | -292.6K | 3.2K | 14.7K | 9K | -2 | 0 |
| Investing cash flow | -292.6K | 3.2K | 14.7K | 9K | -2 | 0 |
| Dividends paid | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — |
| Financing cash flow | 0 | — | — | -3 | 295.5K | 3.7M |
| Net change in cash | -7.6M | -5.3M | -5.7M | -5M | -1.8M | 2.1M |
| Free cash flow | -20M | -6.5M | -2.2M | -6.6M | -425K | -3.6M |