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 % |
|---|---|---|---|---|---|---|
| Q3 22 | — | $0.07 | — | — | $590.3M | — |
| Q2 22 | — | $0.17 | — | — | — | — |
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 | — | $6.82 | — | — | $27M | — |
| FY24 | — | -$14.1 | — | — | $40.6M | — |
| FY23 | — | -$42.9 | — | — | $78.3M | — |
| FY22 | — | $0.58 | — | — | $983.2M | — |
| FY21 | — | -$3.89 | — | — | $39.4M | — |
| FY20 | — | -$0.36 | — | — | $2.1M | — |
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 | FY25 |
|---|---|---|---|---|---|---|
| Revenue | $2.1M | $39.4M | $983.2M | $78.3M | $40.6M | $27M |
| YoY change | — | +1.8K% | +2.4K% | -92% | -48.2% | -33.5% |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | Q3 21 | Q4 21 | Q3 22 | Q4 22 |
|---|---|---|---|---|
| Revenue | $13.5M | $3.2M | $590.3M | $12.7M |
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 | FY25 |
|---|---|---|---|---|---|---|
| Revenue | 2.1M | 39.4M | 983.2M | 78.3M | 40.6M | 27M |
| Cost of revenue | 1.3M | 43.5M | 753M | 181.8M | 29M | 66.8M |
| Gross profit | 856.1K | -4.1M | 230.2M | -103.4M | 11.6M | -39.8M |
| Gross margin | 40.3% | -10.4% | 23.4% | -132.1% | 28.6% | -147.3% |
| Research & development | 34.5M | 145.5M | 131.9M | 88.6M | 50.1M | 8.1M |
| Selling, general & administrative | 3.3M | 29.2M | 77.6M | 68.7M | 60M | 59.3M |
| Operating expenses | 37.8M | 174.7M | 209.5M | 157.3M | 110.1M | 67.4M |
| Operating income | -36.9M | -178.8M | 20.7M | -260.8M | -98.5M | -107.2M |
| Operating margin | -1.7K% | -453.3% | 2.1% | -332.9% | -242.7% | -396.8% |
| Non-operating income, net | -800K | 856K | 4M | 6.8M | -13.2M | 250.6M |
| Pretax income | -37.7M | -174.9M | 31.1M | -254.4M | -119.5M | 125.9M |
| Income tax | 2.3K | 0 | 0 | -17.4K | 0 | 0 |
| Net income | -37.7M | -174.9M | 31.1M | -254.4M | -119.5M | 125.9M |
| Net margin | -1.8K% | -443.6% | 3.17% | -324.7% | -294.5% | 466.4% |
| EBITDA | -37.1M | -168.9M | 30.1M | -244.2M | -85.3M | -23.5M |
| EPS | -0.36 | -3.89 | 0.58 | -42.9 | -14.1 | 6.82 |
| Diluted EPS | -0.36 | -3.89 | 0.58 | -42.9 | -14.1 | 6.82 |
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | Q3 21 | Q4 21 | Q3 22 | Q4 22 |
|---|---|---|---|---|
| Revenue | 13.5M | 3.2M | 590.3M | 12.7M |
| Cost of revenue | 5M | 26.9M | 459.9M | 89.3M |
| Gross profit | 8.4M | -23.8M | 130.3M | -76.6M |
| Gross margin | 62.6% | -752.4% | 22.1% | -600.9% |
| Research & development | 11.9M | 99.6M | 51M | 39.2M |
| Selling, general & administrative | 4.3M | 13.4M | 29.5M | 21.1M |
| Operating expenses | 16.2M | 113M | 80.4M | 60.3M |
| Operating income | -7.8M | -136.8M | 49.9M | -136.9M |
| Operating margin | -58% | -4.3K% | 8.46% | -1.1K% |
| Non-operating income, net | 98.3K | 363.8K | 62.1K | 2.7M |
| Pretax income | -6.1M | -135.5M | 52.5M | -132.8M |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -6.1M | -135.5M | 52.5M | -132.8M |
| Net margin | -45% | -4.3K% | 8.9% | -1K% |
| EBITDA | -7.8M | -133.4M | 49.9M | -136.9M |
| EPS | -0.06 | — | 0.49 | -1.19 |
| Diluted EPS | -0.06 | — | 0.49 | -1.19 |
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 | FY25 |
|---|---|---|---|---|---|---|
| Cash & short-term investments | 35.3M | 265.7M | 87.8M | 48.2M | 275.3M | 378.5M |
| Receivables | 1.2M | 0 | 0 | 1.7M | 572.8K | 281.4K |
| Inventory | 7.2M | 213.9M | 102.2M | 12.9M | 29.9M | 13.7M |
| Total current assets | 59M | 893.4M | 288.7M | 125.5M | 337.7M | 430.9M |
| Property, plant & equipment | 1.8M | 16.4M | 29.9M | 177.1M | 7.7M | -6.1M |
| Goodwill & intangibles | 198.6K | 0 | 97.4M | 95.5M | 93.5M | 91.5M |
| Total assets | 61.5M | 909.8M | 367.2M | 350.3M | 615.9M | 1.1B |
| Accounts payable | 5.6M | 2.8M | 15.3M | 16.9M | 18.1M | 19.4M |
| Short-term debt | 5.5M | 5.2M | 4.5M | 26.9M | 25.3M | 63M |
| Total current liabilities | 109.7M | 932.4M | 183.6M | 242.6M | 209.4M | 206M |
| Long-term debt | 276.7K | 2.1M | 19.2M | 124M | 173.6M | 172.6M |
| Total liabilities | 110M | 934.5M | 202.8M | 366.6M | 383M | 378.6M |
| Shareholders' equity | -48.5M | -24.7M | 164.4M | -16.3M | 232.9M | 740.9M |
| Total debt | 5.7M | 7.3M | 23.7M | 150.9M | 198.9M | 235.6M |
| Net debt | -29.6M | -226.5M | -64.1M | 102.7M | 166.4M | 227.1M |
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 21 | Q3 22 | Q4 22 |
|---|---|---|---|
| Cash & short-term investments | 265.7M | 86.8M | 87.8M |
| Receivables | 0 | — | 0 |
| Inventory | 213.9M | 161.9M | 102.2M |
| Total current assets | 893.4M | 379.5M | 288.7M |
| Property, plant & equipment | 16.4M | 18.5M | 29.9M |
| Goodwill & intangibles | 0 | 49M | 97.4M |
| Total assets | 909.8M | 447M | 367.2M |
| Accounts payable | 2.8M | 19.3M | 15.3M |
| Short-term debt | 5.2M | 3.8M | 4.5M |
| Total current liabilities | 932.4M | 179.8M | 183.6M |
| Long-term debt | 2.1M | 8.1M | 19.2M |
| Total liabilities | 934.5M | 188M | 202.8M |
| Shareholders' equity | -24.7M | 259M | 164.4M |
| Total debt | 7.3M | 11.9M | 23.7M |
| Net debt | -226.5M | -74.8M | -64.1M |
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 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Shares outstanding | 756.7M | 327.7M | 388.2M | 5.9M | 8M | 19.9M | 19.9M |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Gross margin | 40.3% | -10.4% | 23.4% | -132.1% | 28.6% | -147.3% | -147.3% |
| Operating margin | -1.7K% | -453.3% | 2.1% | -332.9% | -242.7% | -396.8% | -396.8% |
| Net margin | -1.8K% | -443.6% | 3.17% | -324.7% | -294.5% | 466.4% | 466.4% |
| ROE | 77.7% | 709.4% | 18.9% | 1.6K% | -51.3% | 17% | 17% |
| ROA | -61.3% | -19.2% | 8.47% | -72.6% | -19.4% | 11.3% | 11.3% |
| ROIC | 47.3% | 63.2% | 20.6% | -301.6% | -63% | -17.9% | -17.9% |
| Return on tangible assets | -61.5% | -19.2% | 11.5% | -99.8% | -22.9% | 12.3% | 12.3% |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Current ratio | 0.54 | 0.96 | 1.57 | 0.52 | 1.61 | 2.09 | 2.09 |
| Quick ratio | 0.47 | 0.73 | 1.02 | 0.46 | 1.47 | 2.03 | 2.03 |
| Debt / equity | -0.12 | -0.3 | 0.14 | -9.28 | 0.85 | 0.32 | 0.32 |
| Debt / assets | 0.09 | 0.01 | 0.06 | 0.43 | 0.32 | 0.21 | 0.21 |
| Net debt / EBITDA | 0.8 | 1.53 | -2.13 | -0.42 | 0.9 | 6.08 | 6.08 |
| Interest coverage | -10.1K | -342.2 | — | — | -16.3 | 8.44 | 8.44 |
| Effective tax rate | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Revenue per share | 0 | 0.12 | 2.53 | 13.3 | 5.04 | 1.36 | 1.36 |
| EPS (basic) | -0.36 | -3.89 | 0.58 | -42.9 | -14.1 | 6.82 | 6.82 |
| EPS (diluted) | -0.36 | -3.89 | 0.58 | -42.9 | -14.1 | 6.82 | 6.82 |
| Book value per share | -0.06 | -0.08 | 0.42 | -2.76 | 28.9 | 37.3 | 37.3 |
| FCF per share | -0.01 | 0.19 | -0.88 | -40.6 | -21.8 | -5.45 | -5.45 |
| Cash per share | 0.05 | 0.81 | 0.23 | 8.18 | 34.2 | 19.1 | 19.1 |
| Capex per share | 0 | 0.02 | 0.05 | — | — | — | — |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Capex / revenue | 44% | 20.6% | 1.78% | — | — | — | — |
| Capex / operating cash flow | -87.6% | 1.99% | -2.3% | — | — | — | — |
| YoY change | — | — | +4.3K% | +303.4% |
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 | FY25 |
|---|---|---|---|---|---|---|
| Net income | -37.7M | -174.9M | 31.1M | -254.4M | -119.5M | 125.9M |
| Depreciation & amortization | 622.9K | 5.5M | 9.4M | 10.2M | 11.6M | 12.2M |
| Stock-based compensation | 214.9K | 19.3K | 9.3M | 718.4K | 401.5K | 73K |
| Change in working capital | 35.8M | 578.8M | -813.2M | 1.9M | -78.4M | -30.3M |
| Operating cash flow | -1.1M | 409.3M | -763.3M | -133.5M | -139.3M | -108.3M |
| Capital expenditure | -936.8K | -8.1M | -17.5M | — | — | — |
| Investing cash flow | -1.6M | -36M | 16.1M | 0 | -220.4M | -298M |
| Dividends paid | — | — | — | — | — | — |
| Share repurchases | — | — | — | 0 | 0 | -1.7M |
| Financing cash flow | 29.4M | 159.9M | 161M | 199.5M | 376M | 382.4M |
| Net change in cash | 26.6M | 533.2M | -586.2M | 66M | 16.2M | -23.9M |
| Free cash flow | -4M | 63M | -341.8M | -239M | -175.7M | -108.3M |