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 % |
|---|---|---|---|---|---|---|
| Q2 23 | -$0.21 | -$0.25 | -19.0% | — | — | — |
| Q1 23 | -$1.6 | -$1.15 | +28.1% | — | $4M | — |
| Q4 22 | -$0.95 | -$1.6 | -68.4% | — | — | — |
| Q3 22 | -$1.45 | -$1.05 | +27.6% | — | — | — |
| Q2 22 | -$1.55 | -$1.2 | +22.6% | — | — | — |
| Q1 22 | -$1.3 | -$1.4 | -7.7% | — | $4.3M | — |
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 | — | -$6.04 | — | — | $14.2M | — |
| FY22 | — | -$4.95 | — | — | $16.5M | — |
| FY21 | — | -$5.25 | — | — | $21.8M | — |
| FY20 | — | -$2.75 | — | — | $16.9M | — |
| FY19 | — | -$3.02 | — | — | $13.5M | — |
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 |
|---|---|---|---|---|---|
| Revenue | $13.5M | $16.9M | $21.8M | $16.5M | $14.2M |
| YoY change | — | +25.3% | +28.9% | -24.5% | -13.6% |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | Q4 21 | Q1 22 | Q2 22 | Q3 22 | Q4 22 | Q1 23 | Q2 23 | Q3 23 | Q4 23 |
|---|
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 |
|---|---|---|---|---|---|
| Revenue | 13.5M | 16.9M | 21.8M | 16.5M | 14.2M |
| Cost of revenue | 5.3M | 7M | 8.8M | 6.6M | 8.2M |
| Gross profit | 8.2M | 9.9M | 13M | 9.9M | 6M |
| Gross margin | 61% | 58.4% | 59.5% | 59.9% | 42.2% |
| Research & development | — | — | — | — | — |
| Selling, general & administrative | 7.7M | 9.3M | 12.5M | 13.3M | 11.6M |
| Operating expenses | 12.2M | 13.5M | 18.6M | 17.7M | 15.9M |
| Operating income | -4.1M | -3.7M | -5.7M | -7.8M | -9.9M |
| Operating margin | -30.3% | -21.6% | -25.9% | -47.5% | -69.6% |
| Non-operating income, net | -53.6K | -10K | 429K | 286.8K | — |
| Pretax income | -4.6M | -4.2M | -5.9M | -7.6M | -9.9M |
| Income tax | 16K | 1.1K | 1.3K | 0 | 0 |
| Net income | -4.6M | -4.2M | -5.9M | -7.6M | -9.9M |
| Net margin | -34.1% | -24.7% | -27.2% | -46.2% | -69.6% |
| EBITDA | -4M | -3.6M | -5.2M | -7.5M | -9.9M |
| EPS | -3.02 | -2.75 | -5.25 | -4.95 | -6.04 |
| Diluted EPS | -3.02 | -2.75 | -5.25 | -4.95 | -6.04 |
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | Q4 21 | Q1 22 | Q2 22 | Q3 22 | Q4 22 | Q1 23 | Q2 23 | Q3 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 5.3M | 4.3M | 3.8M | 3.6M | 4.7M | 4M | 3.4M | 3.4M | 3.4M | 2.2M | 1.1M | 1M |
| Cost of revenue | 2.2M | 1.7M | 1.5M | 1.4M | 2M | 1.6M | 1.4M | 1.3M | 3.9M | 673.5K | 381.6K | 327.3K |
| Gross profit | 3.1M | 2.6M | 2.3M | 2.2M | 2.8M | 2.4M | 2.1M | 2.1M | -545.8K | 1.6M | 746.7K | 715.3K |
| Gross margin | 58.7% | 59.9% | 61% | 60.3% | 58.9% | 59.8% | 60.2% | 61.1% | -16.2% | 69.9% | 66.2% | 68.6% |
| Research & development | — | — | — | — | — | — | — | — | — | — | — | — |
| Selling, general & administrative | 3.3M | 3.5M | 2.9M | 3.6M | 3.4M | 3.1M | 3.1M | 2.9M | 2.4M | 2.5M | 1.4M | 1.1M |
| Operating expenses | 4.8M | 4.7M | 3.9M | 4.6M | 4.6M | 4.3M | 4.1M | 4M | 3.5M | 3.3M | 2M | 1.5M |
| Operating income | -1.7M | -2.1M | -1.6M | -2.4M | -1.8M | -1.9M | -2M | -1.9M | -4.1M | -1.7M | -1.3M | -819.9K |
| Operating margin | -32.8% | -48% | -41.4% | -66.5% | -37.2% | -47.8% | -58.1% | -56.2% | -120.7% | -77.6% | -114.6% | -78.6% |
| Non-operating income, net | 0 | 286.8K | — | — | -1 | — | — | — | — | — | — | -41.9K |
| Pretax income | -1.9M | -1.8M | -1.6M | -2.4M | -1.8M | -2M | -2M | -1.9M | -4M | -1.8M | -1.3M | -887.9K |
| Income tax | 0 | 0 | 0 | 0 | 0 | — | — | — | — | — | — | — |
| Net income | -1.9M | -1.8M | -1.6M | -2.4M | -1.8M | -2M | -2M | -1.9M | -4M | -1.8M | -1.3M | -887.9K |
| Net margin | -35.2% | -41.9% | -41.6% | -67.1% | -37.8% | -48.4% | -58.8% | -56.8% | -118.6% | -79% | -115.3% | -85.2% |
| EBITDA | -1.7M | -1.8M | -1.6M | -2.4M | -1.8M | -1.9M | -2M | -1.9M | -4.1M | -1.7M | -1.3M | -850.2K |
| EPS | -1.4 | -1.2 | -1.05 | -1.6 | -1.15 | -1.27 | -1.31 | -1.2 | — | -0.94 | -0.67 | -0.45 |
| Diluted EPS | -1.4 | -1.2 | -1.05 | -1.6 | -1.15 | -1.27 | -1.31 | -1.2 | — | -0.94 | -0.67 | -0.45 |
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 | — | — | — | — | — | 374 |
| Enterprise value | — | — | — | — | — | 1.7M |
| Shares outstanding | 1.5M | 1.5M | 1.1M | 1.5M | 1.6M | 1.6M |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | Current |
|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | -0 |
| P/S | — | — | — | — | — | 0 |
| P/B | — | — | — | — | — | -0 |
| EV/EBITDA | — | — | — | — | — | -0.17 |
| EV/Sales | — | — | — | — | — | 0.12 |
| Earnings yield | — | — | — | — | — | -3M% |
| FCF yield | — | — | — | — | — | -2M% |
| PEG | — | — | — | — | — | 0 |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | Current |
|---|---|---|---|---|---|---|
| Gross margin | 61% | 58.4% | 59.5% | 59.9% | 42.2% | 68.6% |
| Operating margin | -30.3% | -21.6% | -25.9% | -47.5% | -69.6% | -69.6% |
| Net margin | -34.1% | -24.7% | -27.2% | -46.2% | -69.6% | 42.2% |
| ROE | 4.7K% | -234.9% | -40.3% | -87% | -955.4% | -955.4% |
| ROA | -56.4% | -44.9% | -26.8% | -47.2% | -139.2% | -139.2% |
| ROIC | -85.6% | -88.9% | -66.4% | -66.9% | -359.7% | -359.7% |
| Return on tangible assets | -56.7% | -44.9% | -26.8% | -47.2% | -139.2% | -140% |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | Current |
|---|---|---|---|---|---|---|
| Current ratio | 1.63 | 1.29 | 2.98 | 2.31 | 1.14 | 0.59 |
| Quick ratio | 0.27 | 0.25 | 1.42 | 0.31 | 0.22 | 0.1 |
| Debt / equity | -51.3 | 1.39 | 0.15 | 0.41 | 1.84 | -0.02 |
| Debt / assets | 0.62 | 0.27 | 0.1 | 0.22 | 0.27 | 0.69 |
| Net debt / EBITDA | -1.21 | -0.65 | 1.19 | -0.39 | -0.17 | -0.49 |
| Interest coverage | -9.43 | -7.19 | -7.35 | -95.8 | -14.4K | -58.1 |
| Effective tax rate | 0% | 0% | 0% | 0% | 0% | 0% |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | Current |
|---|---|---|---|---|---|---|
| Revenue per share | 8.87 | 11.1 | 19.3 | 10.8 | 8.68 | 8.68 |
| EPS (basic) | -3.02 | -2.75 | -5.25 | -4.95 | -6.04 | -6.04 |
| EPS (diluted) | -3.02 | -2.75 | -5.25 | -4.95 | -6.04 | -6.04 |
| Book value per share | -0.06 | 1.17 | 13.1 | 5.71 | 0.63 | -1.26 |
| FCF per share | -2.77 | -2.34 | -9.79 | -4.37 | -0.24 | -0.76 |
| Cash per share | 0.12 | 0.09 | 7.45 | 0.39 | 0.12 | 0 |
| Capex per share | 0 | 0.01 | 0.04 | 0.03 | 0.05 | 0 |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | Current |
|---|---|---|---|---|---|---|
| Capex / revenue | 0.03% | 0.07% | 0.21% | 0.3% | 0.54% | 0% |
| Capex / operating cash flow | -0.09% | -0.28% | -0.42% | -0.62% | -2.12% | 0% |
| Q1 24 |
|---|
| Q2 24 |
|---|
| Q3 24 |
|---|
| Revenue | $5.3M | $4.3M | $3.8M | $3.6M | $4.7M | $4M | $3.4M | $3.4M | $3.4M | $2.2M | $1.1M | $1M |
| YoY change | -10% | -18.7% | -33.4% | -34.8% | -10% | -6.85% | -8.63% | -6.72% | -28.9% | -44.4% | -67.3% | -69.2% |
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 | 190.3K | 133.5K | 8.4M | 600.6K | 194.5K |
| Receivables | 231.6K | 320.4K | 342.3K | 336.5K | 211.7K |
| Inventory | 6.8M | 7.5M | 11.6M | 12.6M | 4.9M |
| Total current assets | 8.1M | 9.3M | 22.1M | 14.6M | 6M |
| Property, plant & equipment | 67.5K | 27.9K | 47K | 3M | 1.1M |
| Goodwill & intangibles | 44.7K | 1.2K | 0 | — | — |
| Total assets | 8.2M | 9.3M | 22.2M | 16.1M | 7.1M |
| Accounts payable | 2.1M | 3.6M | 3.5M | 3.3M | 3.7M |
| Short-term debt | 1.8M | 2.1M | 2.2M | 2.5M | 1.1M |
| Total current liabilities | 5M | 7.2M | 7.4M | 6.3M | 5.3M |
| Long-term debt | 3.3M | 350.9K | 0 | 1.1M | 780.2K |
| Total liabilities | 8.3M | 7.6M | 7.4M | 7.4M | 6.1M |
| Shareholders' equity | -98.8K | 1.8M | 14.7M | 8.7M | 1M |
| Total debt | 5.1M | 2.5M | 2.2M | 3.6M | 1.9M |
| Net debt | 4.9M | 2.3M | -6.2M | 2.9M | 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 | Q4 21 | Q1 22 | Q2 22 | Q3 22 | Q4 22 | Q1 23 | Q2 23 | Q3 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 8.4M | 5.4M | 2.5M | 216.6K | 600.6K | 264.7K | 158.1K | 55.7K | 194.5K | 10.4K | 34K | 3.2K |
| Receivables | 342.3K | 183K | 171.2K | 229.3K | 336.5K | 192.7K | 156.4K | 147.5K | 211.7K | 103.8K | 90.2K | 80K |
| Inventory | 11.6M | 12.3M | 12.8M | 14.3M | 12.6M | 11.1M | 9.8M | 8.8M | 4.9M | 4.2M | 3.8M | 3.5M |
| Total current assets | 22.1M | 19.5M | 17.1M | 15.8M | 14.6M | 12.5M | 11M | 9.7M | 6M | 5M | 4.6M | 4.2M |
| Property, plant & equipment | 47K | 417.4K | 1.8M | 69.9K | 3M | 2.8M | 2.5M | 2.2M | 1.1M | 1.8M | 1.6M | 1.5M |
| Goodwill & intangibles | 0 | 0 | 0 | 0 | — | — | — | — | — | — | — | — |
| Total assets | 22.2M | 19.9M | 18.9M | 17.5M | 16.1M | 13.9M | 12.3M | 10.9M | 7.1M | 6.8M | 6.3M | 5.7M |
| Accounts payable | 3.5M | 3.3M | 2.3M | 3M | 3.3M | 3.1M | 3.2M | 3.6M | 3.7M | 3.8M | 3.8M | 4M |
| Short-term debt | 2.2M | 2.4M | 2.5M | 2.5M | 2.5M | 2.4M | 2.4M | 1.1M | 1.1M | 1.5M | 2.5M | 2.8M |
| Total current liabilities | 7.4M | 6.3M | 5.3M | 6.1M | 6.3M | 5.9M | 6M | 5.1M | 5.3M | 5.8M | 6.6M | 7M |
| Long-term debt | 0 | 125.2K | 1.3M | 1.1M | 1.1M | 994.7K | 925K | 853.3K | 780.2K | 1.4M | 1.3M | 1.1M |
| Total liabilities | 7.4M | 6.4M | 6.5M | 7.2M | 7.4M | 6.9M | 7M | 6M | 6.1M | 7.2M | 7.9M | 8.2M |
| Shareholders' equity | 14.7M | 13.6M | 12.4M | 10.2M | 8.7M | 7.1M | 5.3M | 4.9M | 1M | -398.7K | -1.6M | -2.5M |
| Total debt | 2.2M | 2.6M | 3.8M | 3.7M | 3.6M | 3.4M | 3.3M | 2M | 1.9M | 2.9M | 3.7M | 3.9M |
| Net debt | -6.2M | -2.9M | 1.3M | 3.5M | 2.9M | 3.2M | 3.1M | 1.9M | 1.7M | 2.9M | 3.7M | 3.9M |
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 |
|---|---|---|---|---|---|
| Net income | -4.6M | -4.2M | -5.9M | -7.6M | -9.9M |
| Depreciation & amortization | 100.4K | 72.8K | 26.9K | 27.9K | 48.1K |
| Stock-based compensation | — | 0 | 328.5K | 1.7M | 999.3K |
| Change in working capital | -353.4K | -74.6K | -5.2M | -1.9M | 5.2M |
| Operating cash flow | -4.8M | -4.1M | -10.8M | -7.9M | -3.6M |
| Capital expenditure | -4.2K | -11.5K | -45.4K | -48.9K | -77.3K |
| Investing cash flow | -4.2K | -11.5K | -45.4K | -48.9K | -77.3K |
| Dividends paid | — | — | — | — | — |
| Share repurchases | — | — | — | — | — |
| Financing cash flow | 4.6M | 3.6M | 16.7M | -1.1M | 0 |
| Net change in cash | -203K | -541.8K | 5.9M | -9M | -3.7M |
| Free cash flow | -4.2M | -3.6M | -11.1M | -6.7M | -399.6K |
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 21 | Q1 22 | Q2 22 | Q3 22 | Q4 22 | Q1 23 | Q2 23 | Q3 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income | -1.9M | -1.8M | -1.6M | -2.4M | -1.8M | -2M | -2M | -1.9M | -4M | -1.8M | -1.3M | -887.9K |
| Depreciation & amortization | 5.6K | 5.7K | 6.7K | 7.7K | 7.9K | 10.7K | 12.4K | 12.5K | 12.5K | 12.6K | 12.1K | 11.5K |
| Stock-based compensation | — | 617.2K | 433.9K | 304K | 296K | 267.5K | 291K | 280.5K | 160.3K | 333.9K | 120.2K | 0 |
| Change in working capital | -3.9M | -748.4K | -1.7M | -1M | 1.5M | 1.4M | 1.5M | 1.3M | 978.6K | 812.8K | 469.1K | 462.6K |
| Operating cash flow | -5.8M | -1.9M | -2.8M | -3.1M | 23.6K | -286.9K | -209.3K | -301.8K | -2.8M | -610.2K | -700K | -413.9K |
| Capital expenditure | -45.4K | -17K | -14.3K | -11.6K | -6K | -75.2K | -883 | -1.2K | 0 | 0 | 0 | 0 |
| Investing cash flow | -45.4K | -17K | -14.3K | -11.6K | -6K | -75.2K | -883 | -1.2K | 0 | 0 | 0 | 0 |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | 13.5M | -2.2M | 1.1M | -150K | 0 | 0 | 0 | 0 | 0 | 299.2K | 466.2K | 545K |
| Net change in cash | 7.7M | -4.2M | -1.7M | -3.3M | 17.6K | -362.1K | -210.2K | -303K | -2.8M | -311K | -233.9K | 131.2K |
| Free cash flow | -5.4M | -2.3M | -2.6M | -2.2M | 384K | -335.9K | -106.5K | -96K | 138.8K | -483.4K | -892.5K | -241.6K |