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 | -$12.4 | -$9.6 | +22.6% | — | $214.8K | — |
| Q3 23 | -$19.6 | -$15.6 | +20.4% | — | $181.7K | — |
| Q2 23 | -$13.8 | -$22.4 | -62.3% | — | $248.9K | — |
| Q1 23 | — | -$0.45 | — | — | $250.1K | — |
| Q3 22 | -$17.2 | -$17.2 | 0.0% | — | $96.8K | — |
| Q2 22 | -$18.4 | -$11.2 | +39.1% | — | $139.2K | — |
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 | — | -$2.7 | — | — | $537.1K | — |
| FY24 | — | -$21.9 | — | — | $894K | — |
| FY23 | — | -$64.8 | — | — | $895.5K | — |
| FY22 | — | -$74.5 | — | — | $529.9K | — |
| FY21 | — | -$1.62 | — |
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 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|
| Revenue | $281.4K | $493.6K | $577.3K | $529.9K | $895.5K | $894K | $537.1K |
| YoY change | — | +75.4% | +17% | -8.22% | +69% | -0.17% | -39.9% |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | Q1 22 | Q2 22 | Q3 22 |
|---|
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 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|
| Revenue | 281.4K | 493.6K | 577.3K | 529.9K | 895.5K | 894K | 537.1K |
| Cost of revenue | 342.7K | 370.5K | 399.7K | 347.7K | 385.8K | 319.1K | 147.3K |
| Gross profit | -61.3K | 123.1K | 177.6K | 182.2K | 509.7K | 574.9K | 389.8K |
| Gross margin | -21.8% | 24.9% | 30.8% | 34.4% | 56.9% | 64.3% | 72.6% |
| Research & development | 250.3K | 311.9K | 481.9K | 5M | 9.6M | 5.8M | 5M |
| Selling, general & administrative | 570.2K | 450.5K | 9.4M | 21.5M | 17.2M | 13.2M | 8.9M |
| Operating expenses | 669.5K | 445.5K | 9.5M | 26.2M | 26.8M | 19M | 13.3M |
| Operating income | -751.5K | -356.3K | -9.7M | -26.4M | -26.6M | -18.4M | -13M |
| Operating margin | -267.1% | -72.2% | -1.7K% | -5K% | -3K% | -2.1K% | -2.4K% |
| Non-operating income, net | -3.6K | 38.2K | -1.6M | 346K | 1.2M | -2.2M | -2.9M |
| Pretax income | -957.1K | -586.9K | -11.7M | -26.4M | -26.3M | -21.6M | -16.2M |
| Income tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net income | -957.1K | -586.9K | -11.7M | -26.4M | -26.3M | -21.6M | -16.2M |
| Net margin | -340.1% | -118.9% | -2K% | -5K% | -2.9K% | -2.4K% | -3K% |
| EBITDA | -682.7K | -287.6K | -9.3M | -25.7M | -24.9M | -19.8M | -12.4M |
| EPS | -0.08 | -0.05 | -1.62 | -74.5 | -64.8 | -21.9 | -2.7 |
| Diluted EPS | -0.08 | -0.05 | -1.62 | -74.5 | -64.8 | -21.9 | -2.7 |
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | Q1 22 | Q2 22 | Q3 22 | Q4 22 | Q1 23 | Q2 23 | Q3 23 | Q4 23 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 100.6K | 139.2K | 96.8K | 193.3K | 250.1K | 248.9K | 181.7K | 214.8K |
| Cost of revenue | 54.1K | 58.4K | 78.2K | 157K | 111.2K | 100.1K | 94.5K | 80K |
| Gross profit | 46.4K | 80.8K | 18.6K | 36.3K | 138.9K | 148.8K | 87.2K | 134.7K |
| Gross margin | 46.2% | 58% | 19.2% | 18.8% | 55.6% | 59.8% | 48% | 62.7% |
| Research & development | 563.6K | 229.9K | 909K | 2M | 2.6M | 3.5M | 1.9M | 2M |
| Selling, general & administrative | 5.1M | 6.8M | 4.6M | 6.3M | 4M | 4.6M | 3.9M | 4.8M |
| Operating expenses | 5.6M | 7M | 5.5M | 8.2M | 6.6M | 8.1M | 5.7M | 6.8M |
| Operating income | -5.6M | -6.9M | -5.5M | -8.3M | -6.5M | -7.9M | -5.6M | -6.8M |
| Operating margin | -5.6K% | -5K% | -5.7K% | -4.3K% | -2.6K% | -3.2K% | -3.1K% | -3.2K% |
| Non-operating income, net | -32.2K | 9.2K | -120.6K | 391.4K | -73.4K | -325.6K | -659.1K | 2.4M |
| Pretax income | -5.7M | -6.9M | -5.6M | -8.2M | -6.6M | -8.3M | -6.3M | -5.2M |
| Income tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net income | -5.7M | -6.9M | -5.6M | -8.2M | -6.6M | -8.3M | -6.3M | -5.2M |
| Net margin | -5.6K% | -5K% | -5.8K% | -4.2K% | -2.6K% | -3.3K% | -3.5K% | -2.4K% |
| EBITDA | -5.6M | -6.9M | -5.4M | -8M | -6.2M | -7.8M | -5.4M | -5.4M |
| EPS | -0.42 | -0.48 | -0.39 | — | -0.45 | -0.56 | -15.6 | — |
| Diluted EPS | -0.42 | -0.48 | -0.39 | — | -0.45 | -0.56 | -15.6 | — |
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 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Market cap | — | — | — | — | — | — | — | 17.1M |
| Enterprise value | — | — | — | — | — | — | — | 4.3M |
| Shares outstanding | 11.7M | 11.7M | 7.2M | 353.9K | 406.1K | 985.7K | 6M | 6M |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | — | -0.51 |
| P/S | — | — | — | — | — | — | — | 16 |
| P/B | — | — | — | — | — | — | — | 1.37 |
| EV/EBITDA | — | — | — | — | — | — | — | -0.27 |
| EV/Sales | — | — | — | — | — | — | — | 6.49 |
| Earnings yield | — | — | — | — | — | — | — | -197.1% |
| FCF yield | — | — | — | — | — | — | — | -47.7% |
| PEG | — | — | — | — | — | — | — | -1.14 |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Gross margin | -21.8% | 24.9% | 30.8% | 34.4% | 56.9% | 64.3% | 72.6% | 62.7% |
| Operating margin | -267.1% | -72.2% | -1.7K% | -5K% | -3K% | -2.1K% | -2.4K% | -2.8K% |
| Net margin | -340.1% | -118.9% | -2K% | -5K% | -2.9K% | -2.4K% | -3K% | 72.6% |
| ROE | 49.1% | 21.4% | -183.8% | -187.2% | -809.3% | -360.1% | -2.5K% | -2.5K% |
| ROA | -133.7% | -87.2% | -116.4% | -130.4% | -170.7% | -160% | -304.3% | -114.4% |
| ROIC | -289.1% | -308.8% | -4.6K% | -14.5K% | -740.3% | -564.9% | -557.9% | -746.1% |
| Return on tangible assets | -133.7% | -87.2% | -116.4% | -130.4% | -218.9% | -289.3% | -522.8% | -218.9% |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Current ratio | 0.57 | 0.27 | 7.11 | 4.33 | 0.97 | 1.3 | 0.5 | 0.52 |
| Quick ratio | 0.57 | 0.27 | 7.11 | 4.29 | 0.91 | 1.24 | 0.44 | 0.91 |
| Debt / equity | -1.24 | -1.09 | 0.41 | 0.23 | 2.28 | 0.58 | 4.01 | 1.23 |
| Debt / assets | 3.37 | 4.43 | 0.26 | 0.16 | 0.48 | 0.26 | 0.48 | 0.48 |
| Net debt / EBITDA | -3.24 | -9.93 | 0.66 | 0.54 | -0.01 | 0.14 | -0.14 | -0.01 |
| Interest coverage | -3.74 | -1.18 | -33.5 | -90.2 | -46 | -21.8 | -42.4 | -42.4 |
| Effective tax rate | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Revenue per share | 0.02 | 0.04 | 0.08 | 1.5 | 2.21 | 0.91 | 0.09 | 0.29 |
| EPS (basic) | -0.08 | -0.05 | -1.62 | -74.5 | -64.8 | -21.9 | -2.7 | -2.7 |
| EPS (diluted) | -0.08 | -0.05 | -1.62 | -74.5 | -64.8 | -21.9 | -2.7 | -5.28 |
| Book value per share | -0.17 | -0.23 | 0.88 | 39.8 | 8 | 6.08 | 0.11 | 0.62 |
| FCF per share | -0.04 | -0.04 | -0.45 | -43.6 | -58.7 | -17.8 | -2.01 | -0.84 |
| Cash per share | 0.02 | 0.01 | 1.21 | 48.4 | 17.4 | 6.33 | 0.15 | 0.47 |
| Capex per share | 0 | 0 | 0 | 1.86 | 2.95 | 0.08 | 0 | 0 |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Capex / revenue | 0% | 1.96% | 2.89% | 124.3% | 133.9% | 9.13% | 3.09% | 133.9% |
| Capex / operating cash flow | 0% | -1.54% | -0.55% | -4.01% | -5.5% | -0.41% | -0.13% | -5.5% |
| Payout ratio | — | — | — | — | — | — | — | 0% |
| — |
| $577.3K |
| — |
| FY20 | — | -$0.05 | — | — | $493.6K | — |
| FY19 | — | -$0.08 | — | — | $281.4K | — |
| Q4 22 |
|---|
| Q1 23 |
|---|
| Q2 23 |
|---|
| Q3 23 |
|---|
| Q4 23 |
|---|
| Revenue | $100.6K | $139.2K | $96.8K | $193.3K | $250.1K | $248.9K | $181.7K | $214.8K |
| YoY change | — | — | — | — | +148.7% | +78.8% | +87.7% | +11.1% |
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 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 203.6K | 122.6K | 8.7M | 17.1M | 7.1M | 6.2M | 889.1K |
| Receivables | 40.2K | 44.1K | 17.2K | 63.7K | 93.6K | 33.6K | 17.3K |
| Inventory | — | — | 0 | 175.5K | 613.6K | 372.9K | 216.9K |
| Total current assets | 260K | 186.4K | 9.6M | 18.4M | 9M | 8M | 1.8M |
| Property, plant & equipment | 456K | 486.9K | 431.6K | 804.2K | 1.4M | 2.5M | 2.4M |
| Goodwill & intangibles | — | — | 0 | 0 | 3.4M | 6M | 2.2M |
| Total assets | 716K | 673.3K | 10M | 20.2M | 15.4M | 13.5M | 5.3M |
| Accounts payable | 200.1K | 251.4K | 832.5K | 1.3M | 2.3M | 1.3M | 411.1K |
| Short-term debt | 207.3K | 266.6K | 248.5K | 1.3M | 5.2M | 2.6M | 1.6M |
| Total current liabilities | 459.7K | 702K | 1.4M | 4.2M | 9.2M | 6.2M | 3.7M |
| Long-term debt | 2.2M | 2.7M | 2.3M | 1.9M | 2.2M | 945.2K | 992.5K |
| Total liabilities | 2.7M | 3.4M | 3.7M | 6.1M | 12.2M | 7.5M | 4.7M |
| Shareholders' equity | -2M | -2.7M | 6.4M | 14.1M | 3.2M | 6M | 641.6K |
| Total debt | 2.4M | 3M | 2.6M | 3.2M | 7.4M | 3.5M | 2.6M |
| Net debt | 2.2M | 2.9M | -6.2M | -13.9M | 349.9K | -2.7M | 1.7M |
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 22 | Q4 22 | Q1 23 | Q2 23 | Q3 23 | Q4 23 |
|---|---|---|---|---|---|---|
| Cash & short-term investments | 26M | 17.1M | 10.9M | 10.9M | 9.3M | 7.1M |
| Receivables | 59K | 63.7K | 124.3K | 95.4K | 108.6K | 93.6K |
| Inventory | 36.7K | 175.5K | 266.1K | 387.2K | 493.6K | 613.6K |
| Total current assets | 26.8M | 18.4M | 12.3M | 12.1M | 11M | 9M |
| Property, plant & equipment | 315.7K | 804.2K | 1.8M | 1.9M | 1.8M | 1.4M |
| Goodwill & intangibles | — | 0 | 3.7M | 3.6M | 3.5M | 3.4M |
| Total assets | 27.6M | 20.2M | 19.5M | 19.3M | 17.9M | 15.4M |
| Accounts payable | 608K | 1.3M | 1.1M | 2.7M | 1.5M | 2.3M |
| Short-term debt | 1.1M | 1.3M | 1.5M | 6M | 7.8M | 5.2M |
| Total current liabilities | 2.5M | 4.2M | 6.7M | 10.7M | 11.3M | 9.2M |
| Long-term debt | 1.4M | 1.9M | 2.2M | 2.5M | 2.4M | 2.2M |
| Total liabilities | 3.8M | 6.1M | 9.9M | 14.1M | 14.5M | 12.2M |
| Shareholders' equity | 23.8M | 14.1M | 9.7M | 5.2M | 3.4M | 3.2M |
| Total debt | 2.5M | 3.2M | 3.7M | 8.5M | 10.2M | 7.4M |
| Net debt | -23.5M | -13.9M | -7.2M | -2.4M | 835.1K | 349.9K |
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 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|
| Net income | -957.1K | -586.9K | -11.7M | -26.4M | -26.3M | -21.6M | -16.2M |
| Depreciation & amortization | 53K | 60.5K | 69.9K | 379.8K | 866.4K | 696.6K | 615.7K |
| Stock-based compensation | 0 | 0 | 6.4M | 9.8M | 4M | 923.8K | 2.7M |
| Change in working capital | 335.5K | -100.4K | 35.3K | -209.7K | -545.2K | -371.6K | -355.5K |
| Operating cash flow | -523.4K | -627.2K | -3M | -16.4M | -21.8M | -19.8M | -12.8M |
| Capital expenditure | 0 | -9.7K | -16.7K | -658.5K | -1.2M | -81.6K | 16.6K |
| Investing cash flow | 0 | -9.7K | 1.2M | -658.5K | -1.2M | -48.8K | 16.6K |
| Dividends paid | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — |
| Financing cash flow | 424K | 34.6K | 10.6M | 23.6M | 13.1M | 15.6M | 5.8M |
| Net change in cash | -99.4K | -602.3K | 8.8M | 6.5M | -9.9M | -4.3M | -7M |
| Free cash flow | -416.5K | -478.4K | -3.2M | -15.4M | -23.8M | -17.6M | -12M |
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 | Q1 22 | Q2 22 | Q3 22 | Q4 22 | Q1 23 | Q2 23 | Q3 23 | Q4 23 |
|---|---|---|---|---|---|---|---|---|
| Net income | -5.7M | -6.9M | -5.6M | -8.2M | -6.6M | -8.3M | -6.3M | -5.2M |
| Depreciation & amortization | 34.9K | 27.5K | 72.9K | 244.5K | 287.4K | 171K | 203.6K | 204.5K |
| Stock-based compensation | 2.9M | 2.8M | 2.6M | 1.6M | 919.4K | 1.2M | 1.1M | 819K |
| Change in working capital | -184.4K | 98.8K | -69.6K | -228.3K | -61K | -89.8K | -278.3K | -56.9K |
| Operating cash flow | -2.9M | -4M | -3.1M | -6.6M | -5.4M | -7M | -5.2M | -4.2M |
| Capital expenditure | -75.9K | -176.6K | -391.2K | -14.8K | -900.9K | -123.6K | -12.5K | -161.8K |
| Investing cash flow | -75.9K | -176.6K | -391.2K | -14.8K | -900.9K | -123.6K | -12.5K | -161.8K |
| Dividends paid | — | — | — | — | — | — | — | — |
| Share repurchases | 0 | — | — | — | -418.6K | — | — | — |
| Financing cash flow | 23.7M | -18.8K | 68.3K | -216.5K | 773.5K | -59.6K | 5.5M | 1.4M |
| Net change in cash | 20.7M | -4.2M | -3.4M | -6.9M | -5.5M | -7.2M | 250.8K | -2.9M |
| Free cash flow | -2.8M | -3.9M | -4M | -4.7M | -7.1M | -5.2M | -6.6M | -4.9M |