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 21 | — | -$0.08 | — | — | — | — |
| Q3 21 | — | -$0.15 | — | — | — | — |
| Q2 21 | — | -$0.1 | — | — | — | — |
| Q1 21 | — | -$0.12 | — | — | — | — |
| Q4 20 | — | -$0.04 | — | — | — | — |
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 | — | -$0.72 | — | — | $114.4M | — |
| FY22 | — | -$1.01 | — | — | $188.7M | — |
| FY21 | — | -$0.77 | — | — | $191.2M | — |
| FY20 | — | -$0.55 | — | — | $129.5M | — |
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 | $129.5M | $191.2M | $188.7M | $114.4M |
| YoY change | — | +47.7% | -1.29% | -39.4% |
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 | 129.5M | 191.2M | 188.7M | 114.4M |
| Cost of revenue | 31.8M | 44M | 33.8M | 16.1M |
| Gross profit | 97.7M | 147.2M | 154.9M | 98.3M |
| Gross margin | 75.5% | 77% | 82.1% | 85.9% |
| Research & development | — | — | — | — |
| Selling, general & administrative | 151.2M | 220.3M | 229M | 157.1M |
| Operating expenses | 146.2M | 215.6M | 224M | 155.4M |
| Operating income | -48.4M | -68.5M | -69.1M | -57.1M |
| Operating margin | -37.4% | -35.8% | -36.6% | -49.9% |
| Non-operating income, net | 1.5M | 1.9M | — | 13.6M |
| Pretax income | -35.9M | -55.7M | -61.6M | -35M |
| Income tax | -2.4M | -9.6M | -925K | 8.6M |
| Net income | -33.6M | -46.1M | -60.7M | -43.6M |
| Net margin | -25.9% | -24.1% | -32.1% | -38.1% |
| EBITDA | -40.8M | -56.8M | -49M | -57.6M |
| EPS | -0.55 | -0.77 | -1.01 | -0.72 |
| Diluted EPS | -0.55 | -0.77 | -1.01 | -0.72 |
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 | 380.4M | 289.9M | 260.6M | 199.3M | 164.5M |
| Receivables | 27.8M | 39.8M | 55.2M | 59.5M | 37.6M |
| Inventory | — | — | — | — | — |
| Total current assets | 467.1M | 393.2M | 403.3M | 394.8M | 238M |
| Property, plant & equipment | 4M | 26.9M | 41.3M | 9.2M | 1.6M |
| Goodwill & intangibles | 1.5M | 726K | 3.2M | 2.2M | 3.6M |
| Total assets | 479.4M | 432.7M | 467.9M | 463.9M | 271.5M |
| Accounts payable | 5.9M | 9M | 12.3M | 11.7M | 6.3M |
| Short-term debt | — | 7.4M | 13.7M | 11.9M | 4.8M |
| Total current liabilities | 57.9M | 47.5M | 130.3M | 167.1M | 31.1M |
| Long-term debt | — | 14.7M | 17.3M | 23.3M | 9.7M |
| Total liabilities | 57.9M | 62.2M | 147.6M | 203.9M | 54.5M |
| Shareholders' equity | 175.7M | 370.5M | 320.3M | 260.1M | 217M |
| Total debt | — | 22.1M | 31M | 35.1M | 14.5M |
| Net debt | — | -263.8M | -229.6M | -159.1M | -150M |
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 | -33.6M | -46.1M | -60.7M | -43.6M |
| Depreciation & amortization | 9.1M | 13.6M | 20.1M | 13.1M |
| Stock-based compensation | — | — | — | — |
| Change in working capital | -79.1M | 24.6M | 24.6M | -101.8M |
| Operating cash flow | -104.2M | -2.6M | -10.2M | -116.3M |
| Capital expenditure | -2.7M | -8.4M | -4.7M | -881K |
| Investing cash flow | -52.2M | 48.6M | -9.7M | -4M |
| Dividends paid | — | — | — | — |
| Share repurchases | — | — | — | — |
| Financing cash flow | 0 | 0 | — | — |
| Net change in cash | -156.4M | 46M | -19.9M | -120.3M |
| Free cash flow | -92.4M | -11.9M | -15.1M | -137.8M |
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 |
|---|---|---|---|---|---|---|
| Shares outstanding | — | 60.3M | 60.3M | 60.3M | 60.3M | 60.3M |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | Current |
|---|---|---|---|---|---|---|
| Gross margin | — | 75.5% | 77% | 82.1% | 85.9% | 85.9% |
| Operating margin | — | -37.4% | -35.8% | -36.6% | -49.9% | -49.9% |
| Net margin | — | -25.9% | -24.1% | -32.1% | -38.1% | -38.1% |
| ROE | — | -9.06% | -14.4% | -23.3% | -20.1% | -20.1% |
| ROA | — | -7.75% | -9.85% | -13.1% | -16% | -16% |
| ROIC | — | -47.2% | -75.5% | -72% | -85.3% | -85.3% |
| Return on tangible assets | — | -7.77% | -9.91% | -13.1% | -16.3% | -16.3% |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | Current |
|---|---|---|---|---|---|---|
| Current ratio | — | 8.27 | 3.1 | 2.36 | 7.66 | 7.66 |
| Quick ratio | — | 8.27 | 3.1 | 2.36 | 7.66 | 7.66 |
| Debt / equity | — | 0.06 | 0.1 | 0.14 | 0.07 | 0.07 |
| Debt / assets | — | 0.05 | 0.07 | 0.08 | 0.05 | 0.05 |
| Net debt / EBITDA | — | 6.56 | 4.05 | 3.35 | 2.61 | 2.61 |
| Effective tax rate | — | 0% | 0% | 0% | 0% | 0% |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | Current |
|---|---|---|---|---|---|---|
| Revenue per share | — | 2.15 | 3.17 | 3.13 | 1.9 | 1.9 |
| EPS (basic) | — | -0.55 | -0.77 | -1.01 | -0.72 | -0.72 |
| EPS (diluted) | — | -0.55 | -0.77 | -1.01 | -0.72 | -0.72 |
| Book value per share | — | 6.14 | 5.31 | 4.31 | 3.6 | 3.6 |
| FCF per share | — | -1.53 | -0.2 | -0.25 | -2.28 | -2.28 |
| Cash per share | — | 4.81 | 4.32 | 3.3 | 2.73 | 2.73 |
| Capex per share | — | 0.05 | 0.14 | 0.08 | 0.01 | 0.01 |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | Current |
|---|---|---|---|---|---|---|
| Capex / revenue | — | 2.12% | 4.41% | 2.51% | 0.77% | 0.77% |
| Capex / operating cash flow | — | -2.64% | -326.8% | -46.7% | -0.76% | -0.76% |