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 | — | -$3.21 | — | — | $120.2M | — |
| FY23 | — | -$1.66 | — | — | $32.8M | — |
| FY22 | — | $0.49 | — | — | $102.4M | — |
| FY21 | — | -$0.38 | — | — | $126.1M | — |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | FY21 | FY22 | FY23 | FY24 |
|---|---|---|---|---|
| Revenue | $126.1M | $102.4M | $32.8M | $120.2M |
| YoY change | — | -18.8% | -67.9% | +266.1% |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | Q4 22 | Q4 23 |
|---|---|---|
| Revenue | $22.1M | $317.8K |
| YoY change | — | -98.6% |
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | FY21 | FY22 | FY23 | FY24 |
|---|---|---|---|---|
| Revenue | 126.1M | 102.4M | 32.8M | 120.2M |
| Cost of revenue | 69.3M | 56.5M | 48M | 148.7M |
| Gross profit | 56.8M | 45.9M | -15.2M | -28.5M |
| Gross margin | 45.1% | 44.8% | -46.3% | -23.7% |
| Research & development | 40.9M | 26.8M | 24.2M | 35M |
| Selling, general & administrative | 28.9M | 38.4M | 35.7M | 98M |
| Operating expenses | 69.8M | 65.3M | 59.9M | 133M |
| Operating income | -13M | -19.4M | -75.1M | -161.5M |
| Operating margin | -10.3% | -18.9% | -228.8% | -134.3% |
| Non-operating income, net | -14.5M | 40.2M | 1.4M | 3.2M |
| Pretax income | -29.2M | 21.5M | -62M | -152.7M |
| Income tax | 1.3M | 6.4M | 1M | -771K |
| Net income | -30.5M | 15M | -63M | -151.9M |
| Net margin | -24.2% | 14.7% | -191.9% | -126.4% |
| EBITDA | 31.5M | 11.7M | -35.7M | -127.6M |
| EPS | -0.38 | 0.49 | -1.66 | -3.21 |
| Diluted EPS | -0.38 | 0.49 | -1.66 | -3.21 |
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | Q4 22 | Q4 23 |
|---|---|---|
| Revenue | 22.1M | 317.8K |
| Cost of revenue | 17.6M | 635.4K |
| Gross profit | 4.5M | -317.6K |
| Gross margin | 20.5% | -100% |
| Research & development | 7.8M | 189K |
| Selling, general & administrative | 8.3M | 312.2K |
| Operating expenses | 16M | 501.2K |
| Operating income | -11.5M | -818.8K |
| Operating margin | -52% | -257.7% |
| Non-operating income, net | -12.6M | -464K |
| Pretax income | -22.2M | -1.2M |
| Income tax | -2.3M | 33.5K |
| Net income | -19.9M | -1.2M |
| Net margin | -90% | -379.5% |
| EBITDA | 3.9M | -489.8K |
| EPS | — | — |
| Diluted EPS | — | — |
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 | FY21 | FY22 | FY23 | FY24 |
|---|---|---|---|---|
| Cash & short-term investments | 290.5M | 299.3M | 202.5M | 117.7M |
| Receivables | 24.7M | 6.4M | 5.5M | 6.6M |
| Inventory | 27.5M | 36.8M | 47.8M | 16M |
| Total current assets | 450.3M | 477.4M | 354.8M | 241.2M |
| Property, plant & equipment | 80.1M | 61.1M | 57.1M | 68.9M |
| Goodwill & intangibles | — | — | — | — |
| Total assets | 561.3M | 547.1M | 448.9M | 315.2M |
| Accounts payable | 8M | 1.7M | 127K | 16K |
| Short-term debt | 119M | 134M | 105.3M | 115.3M |
| Total current liabilities | 144.6M | 152.1M | 122.8M | 225.2M |
| Long-term debt | 72.9M | 49M | 43.2M | 44.2M |
| Total liabilities | 220.3M | 201.2M | 166.1M | 269.4M |
| Shareholders' equity | 341M | 345.9M | 282.9M | 45.7M |
| Total debt | 191.9M | 183M | 148.4M | 159.5M |
| Net debt | -98.6M | -116.3M | -54M | 41.8M |
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 22 | Q4 23 |
|---|---|---|
| Cash & short-term investments | 299.3M | 6.7M |
| Receivables | 6.4M | 181.4K |
| Inventory | 36.8M | 1.6M |
| Total current assets | 477.4M | 11.7M |
| Property, plant & equipment | 61.1M | 1.8M |
| Goodwill & intangibles | — | — |
| Total assets | 547.1M | 14.7M |
| Accounts payable | 1.7M | 4.2K |
| Short-term debt | 134M | 3.5M |
| Total current liabilities | 152.1M | 4M |
| Long-term debt | 49M | 1.4M |
| Total liabilities | 201.2M | 5.5M |
| Shareholders' equity | 345.9M | 9.3M |
| Total debt | 183M | 4.9M |
| Net debt | -116.3M | -1.8M |
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 | FY21 | FY22 | FY23 | FY24 | Current |
|---|---|---|---|---|---|
| Shares outstanding | 30.2M | 30.2M | 30.2M | 37.6M | 37.6M |
| Metric | FY21 | FY22 | FY23 | FY24 | Current |
|---|---|---|---|---|---|
| Gross margin | 45.1% | 44.8% | -46.3% | -23.7% | -23.7% |
| Operating margin | -10.3% | -18.9% | -228.8% | -134.3% | -134.3% |
| Net margin | -24.2% | 14.7% | -191.9% | -126.4% | -126.4% |
| ROE | -8.95% | 4.34% | -22.3% | -332.3% | -332.3% |
| ROA | -5.44% | 2.75% | -14% | -48.2% | -48.2% |
| ROIC | -5.35% | -5.91% | -32.8% | -184.5% | -184.5% |
| Return on tangible assets | -5.44% | 2.75% | -14% | -48.2% | -48.2% |
| Metric | FY21 | FY22 | FY23 | FY24 | Current |
|---|---|---|---|---|---|
| Current ratio | 3.11 | 3.14 | 2.89 | 1.07 | 1.07 |
| Quick ratio | 2.92 | 2.9 | 2.5 | 1 | 1 |
| Debt / equity | 0.56 | 0.53 | 0.52 | 3.49 | 3.49 |
| Debt / assets | 0.34 | 0.33 | 0.33 | 0.51 | 0.51 |
| Net debt / EBITDA | -3.13 | -9.91 | 1.52 | -0.33 | -0.33 |
| Interest coverage | -12.3 | 8.44 | -20.1 | -45.1 | -45.1 |
| Effective tax rate | 0% | 30% | 0% | 0% | 0% |
| Metric | FY21 | FY22 | FY23 | FY24 | Current |
|---|---|---|---|---|---|
| Revenue per share | 4.18 | 3.4 | 1.09 | 3.2 | 3.2 |
| EPS (basic) | -0.38 | 0.49 | -1.66 | -3.21 | -3.21 |
| EPS (diluted) | -0.38 | 0.49 | -1.66 | -3.21 | -3.21 |
| Book value per share | 11.3 | 11.5 | 9.38 | 1.22 | 1.22 |
| FCF per share | -1.34 | 0.27 | -2.05 | -0.5 | -0.5 |
| Cash per share | 9.63 | 9.92 | 6.71 | 3.13 | 3.13 |
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 | FY21 | FY22 | FY23 | FY24 |
|---|---|---|---|---|
| Net income | -30.5M | 15M | -63M | -151.9M |
| Depreciation & amortization | 36.9M | 24.8M | 24.4M | 23.2M |
| Stock-based compensation | — | — | — | — |
| Change in working capital | -29M | -8.7M | -9.2M | 16M |
| Operating cash flow | -21M | 36.5M | -38.1M | 2.2M |
| Capital expenditure | — | — | — | — |
| Investing cash flow | 10K | -721K | 0 | -15.3M |
| Dividends paid | — | — | — | — |
| Share repurchases | — | — | — | — |
| Financing cash flow | 15.2M | -176.3M | -186.3M | -157.8M |
| Net change in cash | -5.7M | -140.5M | -224.4M | -170.8M |
| Free cash flow | -40.4M | 8.1M | -61.7M | -18.9M |
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 | Q4 22 | Q4 23 |
|---|---|---|
| Net income | -19.9M | -1.2M |
| Depreciation & amortization | 10.3M | 200.5K |
| Stock-based compensation | — | — |
| Change in working capital | -10.3M | 159.5K |
| Operating cash flow | -22M | -812.4K |
| Capital expenditure | 37.3M | -20.5K |
| Investing cash flow | 37.7M | -20.5K |
| Dividends paid | — | — |
| Share repurchases | — | — |
| Financing cash flow | -107.1M | -3.6M |
| Net change in cash | -91.3M | -4.5M |
| Free cash flow | -16.4M | -677K |