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 % |
|---|---|---|---|---|---|---|
| FY24 | — | -$2.5K | — | — | $18.2M | — |
| FY23 | — | -$158 | — | — | $7.7M | — |
| FY22 | — | -$75 | — | — | $23.4M | — |
| FY21 | — | -$2.4K | — | — | $14.6M | — |
| FY20 | — | -$1.7K | — | — | $13.9M | — |
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 | FY24 |
|---|---|---|---|---|---|
| Revenue | $13.9M | $14.6M | $23.4M | $7.7M | $18.2M |
| YoY change | — | +5.32% | +60.1% | -67.1% | +136.8% |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 |
|---|---|---|---|---|---|---|
| Revenue | $337K | $3.7M | $8.2M | $837K | $536K |
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 | FY24 |
|---|---|---|---|---|---|
| Revenue | 13.9M | 14.6M | 23.4M | 7.7M | 18.2M |
| Cost of revenue | 47K | 26K | 2.1M | 2.1M | 9.6M |
| Gross profit | 13.8M | 14.6M | 21.4M | 5.6M | 8.6M |
| Gross margin | 99.7% | 99.8% | 91.2% | 72.2% | 47.4% |
| Research & development | — | — | — | — | — |
| Selling, general & administrative | 16.8M | 21.3M | 85.5M | 83.7M | 45.9M |
| Operating expenses | 16.8M | 21.3M | 85.5M | 83.7M | 45.9M |
| Operating income | -3.3M | -7.2M | -331.5M | -559.9M | -521.6M |
| Operating margin | -24% | -49% | -1.4K% | -7.3K% | -2.9K% |
| Non-operating income, net | -51K | 1.1M | 50.6M | 13.9M | -615.2M |
| Pretax income | -24.3M | -33.1M | -401.9M | -835.1M | -1.6B |
| Income tax | 0 | 0 | 0 | 0 | 0 |
| Net income | -24.3M | -33.1M | -401.9M | -835.1M | -1.6B |
| Net margin | -174.7% | -226.2% | -1.7K% | -10.8K% | -8.5K% |
| EBITDA | -3M | -5.5M | -1.1M | -73.8M | -36.7M |
| EPS | -1.7K | -2.4K | -75 | -158 | -2.5K |
| Diluted EPS | -1.7K | -2.4K | -75 | -158 | -2.5K |
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 |
|---|---|---|---|---|---|---|
| Revenue | 337K | 3.7M | 8.2M | 837K | 536K | 198K |
| Cost of revenue | 109K | 1.7M | 6.2M | 807K | 18K | 251K |
| Gross profit | 228K | 2M | 2.1M | 30K | 518K | -53K |
| Gross margin | 67.7% | 54.4% | 25.3% | 3.58% | 96.6% | -26.8% |
| Research & development | — | — | — | — | — | — |
| Selling, general & administrative | 14.1M | 10.8M | 7.6M | 8.3M | 6.5M | 4.9M |
| Operating expenses | 14.1M | 10.8M | 7.6M | 8.3M | 6.5M | 4.9M |
| Operating income | -134.9M | -129.9M | -126.6M | -127M | -124.8M | -123.8M |
| Operating margin | -40K% | -3.5K% | -1.5K% | -15.2K% | -23.3K% | -62.5K% |
| Non-operating income, net | 25.1M | 46.1M | -738M | 9.8M | 7.7M | 8.8M |
| Pretax income | -211.8M | -190.4M | -978M | -236M | -241.8M | -245.5M |
| Income tax | 0 | 0 | 0 | 0 | 0 | 0 |
| Net income | -211.8M | -190.4M | -978M | -236M | -241.8M | -245.5M |
| Net margin | -62.9K% | -5.2K% | -11.9K% | -28.2K% | -45.1K% | -124K% |
| EBITDA | 107.3M | -8M | -6.1M | -8.4M | 112.8M | -20.2M |
| EPS | -37.3 | -220.5 | — | -235.9 | -204.1 | -132.7 |
| Diluted EPS | -37.3 | -220.5 | — | -235.9 | -204.1 | -132.7 |
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 | FY22 | FY23 | FY24 |
|---|---|---|---|---|---|
| Cash & short-term investments | 11.9M | 1.7M | 3.7M | 11.6M | 12.3M |
| Receivables | — | 0 | 6.2M | 217K | 295K |
| Inventory | — | — | — | — | — |
| Total current assets | 16.8M | 19M | 51.4M | 21.9M | 15.5M |
| Property, plant & equipment | 612K | 750K | 3.4M | 5.3M | 5.4M |
| Goodwill & intangibles | 854K | 168.4M | 6.7B | 3.1B | 1.9B |
| Total assets | 17.8M | 104M | 3.4B | 3.2B | 1.9B |
| Accounts payable | 398K | 4.6M | 8.4M | 6.2M | 14M |
| Short-term debt | — | — | — | — | 31.2M |
| Total current liabilities | 42.1M | 54.1M | 115.7M | 46.5M | 1.3B |
| Long-term debt | 24M | 106.8M | 324.2M | 679.2M | 763.5M |
| Total liabilities | 133.7M | 255.4M | 1.2B | 1.7B | 2B |
| Shareholders' equity | -115.8M | -151.4M | 2.2B | 1.4B | -128.4M |
| Total debt | 24M | 106.8M | 324.2M | 679.2M | 794.7M |
| Net debt | 12.2M | 105.1M | 320.6M | 667.6M | 782.3M |
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 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 |
|---|---|---|---|---|---|---|
| Cash & short-term investments | 7.1M | 4.7M | 12.3M | 9.1M | 4M | 1.8M |
| Receivables | 0 | 3.1M | 295K | 295K | 295K | 295K |
| Inventory | — | — | — | — | — | — |
| Total current assets | 13.1M | 10.8M | 15.5M | 12.7M | 7.7M | 4.7M |
| Property, plant & equipment | 5.2M | 5.1M | 5.4M | 5.4M | 5.3M | 5.1M |
| Goodwill & intangibles | 2.9B | 2.8B | 1.9B | 1.8B | 1.7B | 1.5B |
| Total assets | 2.9B | 2.8B | 1.9B | 1.8B | 1.7B | 1.6B |
| Accounts payable | 13.1M | 10.8M | 14M | 14.3M | 11.2M | 12.1M |
| Short-term debt | — | 43.3M | 31.2M | 454.4M | 483.9M | 625.4M |
| Total current liabilities | 90.5M | 1.2B | 1.3B | 521.8M | 562.9M | 712.2M |
| Long-term debt | 733.1M | 719M | 763.5M | 371.9M | 377.3M | 266.4M |
| Total liabilities | 1.9B | 1.9B | 2B | 2.2B | 2.3B | 2.4B |
| Shareholders' equity | 1B | 847M | -128.4M | -362.5M | -604M | -844.4M |
| Total debt | 733.1M | 762.2M | 794.7M | 826.3M | 861.2M | 891.8M |
| Net debt | 726M | 757.5M | 782.3M | 817.2M | 857.2M | 890M |
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 | FY20 | FY21 | FY22 | FY23 | FY24 | Current |
|---|---|---|---|---|---|---|
| Market cap | — | — | — | — | — | 157K |
| Enterprise value | — | — | — | — | — | 609.7M |
| Shares outstanding | 13.9K | 13.9K | 98.9K | 356.6K | 143.1K | 143.1K |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | Current |
|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | -0 |
| P/S | — | — | — | — | — | 0.03 |
| P/B | — | — | — | — | — | -0 |
| EV/EBITDA | — | — | — | — | — | -24.7 |
| EV/Sales | — | — | — | — | — | 62.1 |
| Earnings yield | — | — | — | — | — | -22.9M% |
| FCF yield | — | — | — | — | — | -772.3K% |
| PEG | — | — | — | — | — | 0 |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | Current |
|---|---|---|---|---|---|---|
| Gross margin | 99.7% | 99.8% | 91.2% | 72.2% | 47.4% | -26.8% |
| Operating margin | -24% | -49% | -1.4K% | -7.3K% | -2.9K% | -62.5K% |
| Net margin | -174.7% | -226.2% | -1.7K% | -10.8K% | -8.5K% | 47.4% |
| ROE | 20.9% | 21.8% | -18.4% | -58.8% | 1.2K% | -131K% |
| ROA | -136% | -31.8% | -11.8% | -26.4% | -81.1% | -14.5% |
| ROIC | 3.21% | 15.5% | -13.2% | -26.8% | -79.8% | -1.1K% |
| Return on tangible assets | -142.8% | 51.3% | 12.1% | -3.1K% | -7.5K% | -17.3K% |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | Current |
|---|---|---|---|---|---|---|
| Current ratio | 0.4 | 0.35 | 0.44 | 0.47 | 0.01 | 0.01 |
| Quick ratio | 0.4 | 0.35 | 0.44 | 0.47 | 0.01 | 0.01 |
| Debt / equity | -0.21 | -0.71 | 0.15 | 0.48 | -6.19 | -0.01 |
| Debt / assets | 1.35 | 1.03 | 0.09 | 0.21 | 0.41 | 0.57 |
| Net debt / EBITDA | -4.03 | -19 | -303 | -9.04 | -21.3 | 11.4 |
| Interest coverage | -0.16 | -0.22 | -2.32 | -1.89 | -2.71 | -2.49 |
| Effective tax rate | 0% | 0% | 0% | 0% | 0% | 0% |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | Current |
|---|---|---|---|---|---|---|
| Revenue per share | 996.3 | 1K | 236.8 | 21.6 | 127.5 | 14.3 |
| EPS (basic) | -1.7K | -2.4K | -75 | -158 | -2.5K | -2.5K |
| EPS (diluted) | -1.7K | -2.4K | -75 | -158 | -2.5K | -2.5K |
| Book value per share | -8.3K | -10.9K | 22.1K | 4K | -897.5 | -188.4 |
| FCF per share | -24.7 | 116.1 | -872.6 | -119.1 | -131.7 | -14.1 |
| Cash per share | 852.2 | 119.4 | 37 | 32.6 | 86.2 | 0.13 |
| Capex per share | 23.7 | 34.5 | 30.2 | 4.89 | 3.67 | 0.42 |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | Current |
|---|---|---|---|---|---|---|
| Capex / revenue | 2.38% | 3.29% | 12.7% | 22.6% | 2.88% | 5.37% |
| Capex / operating cash flow | -5.6% | -17.6% | 12.8% | -3.18% | -0.07% | -0.06% |
| Payout ratio | 0% | -8.2% | 0% | 0% | — | 0% |
| $198K |
| YoY change | — | — | — | — | +59.1% | -94.6% |
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 | FY24 |
|---|---|---|---|---|---|
| Net income | -24.3M | -33.1M | -401.9M | -835.1M | -1.6B |
| Depreciation & amortization | 235K | 343K | 424K | 263K | 277K |
| Stock-based compensation | 0 | 0 | 20.1M | 830K | 0 |
| Change in working capital | -2.8M | 2.8M | -7M | 15.3M | 10M |
| Operating cash flow | -5.9M | -2.7M | 23.3M | -54.8M | -781.6M |
| Capital expenditure | -330K | -481K | -3M | -1.7M | -525K |
| Investing cash flow | 986K | -1.9M | -3M | -1.7M | -525K |
| Dividends paid | 0 | -2.7M | 0 | 0 | — |
| Share repurchases | — | 0 | 0 | -11.4M | 0 |
| Financing cash flow | 9.6M | -10.5M | 99.7M | 29M | 19.5M |
| Net change in cash | 4.7M | -15M | 120M | -27.5M | -762.6M |
| Free cash flow | -344K | 1.6M | -86.3M | -42.5M | -18.8M |
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 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 |
|---|---|---|---|---|---|---|
| Net income | — | — | -978M | -236M | -241.8M | -245.5M |
| Depreciation & amortization | — | — | -363M | 98K | 237.4M | 118.8M |
| Stock-based compensation | — | — | -94K | — | — | — |
| Change in working capital | — | — | 5.8M | 868K | -2.3M | 16.3M |
| Operating cash flow | — | — | -775.2M | -36.8M | -41.7M | -23.6M |
| Capital expenditure | — | — | -364K | -163K | 0 | 0 |
| Investing cash flow | — | — | -364K | -163K | 0 | 0 |
| Dividends paid | — | — | — | — | — | — |
| Share repurchases | — | — | 0 | — | — | — |
| Financing cash flow | -1M | -2.3M | 6.2M | 4.1M | 3.4M | 1.2M |
| Net change in cash | -1M | -2.3M | -769.3M | -32.8M | -38.4M | -22.4M |
| Free cash flow | — | — | 1.4M | -7.4M | -8.5M | -3.4M |