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 | -$0.26 | -$0.17 | +34.6% | — | $57.8M | — |
| Q3 21 | -$0.19 | $0.15 | +178.9% | — | — | — |
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 % |
|---|---|---|---|---|---|---|
| FY21 | — | -$2.27 | — | — | $212.2M | — |
| FY20 | — | -$1 | — | — | $179.3M | — |
| FY19 | — | -$0.14 | — | — | $196.2M | — |
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 |
|---|---|---|---|
| Revenue | $196.2M | $179.3M | $212.2M |
| YoY change | — | -8.59% | +18.3% |
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 |
|---|---|---|---|---|
| Revenue | $57.8M | $53.9M | $36.2M | $83.2M |
| YoY change | — | — | — | — |
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 |
|---|---|---|---|
| Revenue | 196.2M | 179.3M | 212.2M |
| Cost of revenue | 113.4M | 175.3M | 228.8M |
| Gross profit | 82.8M | 4M | -16.6M |
| Gross margin | 42.2% | 2.25% | -7.82% |
| Research & development | 34.9M | 72.7M | 105.2M |
| Selling, general & administrative | 68.8M | 163.9M | 318.7M |
| Operating expenses | 113.2M | 246M | 429.5M |
| Operating income | -30.4M | -242M | -446.1M |
| Operating margin | -15.5% | -134.9% | -210.3% |
| Non-operating income, net | 504K | 2.6M | 203.5M |
| Pretax income | -29.7M | -241.3M | -245.4M |
| Income tax | 0 | 0 | 0 |
| Net income | -29.7M | -241.3M | -245.4M |
| Net margin | -15.1% | -134.6% | -115.6% |
| EBITDA | -22.5M | -227.1M | -419.1M |
| EPS | -0.14 | -1 | -2.27 |
| Diluted EPS | -0.14 | -1 | -2.27 |
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 |
|---|---|---|---|---|
| Revenue | 57.8M | 53.9M | 36.2M | 83.2M |
| Cost of revenue | 48.6M | 48.3M | 65.8M | 69.7M |
| Gross profit | 9.2M | 5.6M | -29.6M | 13.5M |
| Gross margin | 15.9% | 10.4% | -81.8% | 16.3% |
| Research & development | 22.2M | 21.3M | 27.2M | 13.4M |
| Selling, general & administrative | 100.8M | 72.3M | 104.2M | 89.3M |
| Operating expenses | 125.2M | 94.9M | 133.1M | 104.4M |
| Operating income | -116M | -89.3M | -162.6M | -90.8M |
| Operating margin | -200.7% | -165.6% | -449.7% | -109.1% |
| Non-operating income, net | 76.3M | 13.2M | 28.2M | 13M |
| Pretax income | -40.4M | -76.9M | -134.8M | -77.6M |
| Income tax | 0 | 0 | -49.1M | -65K |
| Net income | -40.4M | -76.9M | -85.7M | -77.6M |
| Net margin | -69.9% | -142.6% | -237.1% | -93.2% |
| EBITDA | -110.2M | -83.5M | -153.2M | -79.3M |
| EPS | -0.17 | -0.31 | -0.25 | -0.2 |
| Diluted EPS | -0.17 | -0.31 | -0.25 | -0.2 |
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 | FY20 | FY21 |
|---|---|---|
| Cash & short-term investments | 108.1M | 400.6M |
| Receivables | 32M | 26.5M |
| Inventory | 25M | 33.5M |
| Total current assets | 174.1M | 483.5M |
| Property, plant & equipment | 56.8M | 56.4M |
| Goodwill & intangibles | — | — |
| Total assets | 251.6M | 554.1M |
| Accounts payable | 26.7M | 44.7M |
| Short-term debt | 5.3M | 3.4M |
| Total current liabilities | 38.3M | 54.1M |
| Long-term debt | 39.7M | 29.4M |
| Total liabilities | 80.1M | 97.2M |
| Shareholders' equity | -330.1M | -575.4M |
| Total debt | 45M | 32.8M |
| Net debt | -63.1M | -367.7M |
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 |
|---|---|---|---|---|
| Cash & short-term investments | 400.6M | 315M | 284.6M | 191.4M |
| Receivables | 26.5M | 37.6M | 45.8M | 42.7M |
| Inventory | 33.5M | 36.3M | 41.6M | 44.2M |
| Total current assets | 483.5M | 410.4M | 402.7M | 306.6M |
| Property, plant & equipment | 56.4M | 93.1M | 127.2M | 122.1M |
| Goodwill & intangibles | — | — | 749.7M | 743.2M |
| Total assets | 554.1M | 517.7M | 933.3M | 829M |
| Accounts payable | 44.7M | 68.9M | 115.9M | 86.9M |
| Short-term debt | 3.4M | 5.1M | 4.8M | 5M |
| Total current liabilities | 54.1M | 97.4M | 173M | 134.4M |
| Long-term debt | 29.4M | 68.5M | 73.8M | 73M |
| Total liabilities | 97.2M | 169.8M | 254.5M | 232.1M |
| Shareholders' equity | -575.4M | -652.3M | -738M | -815.6M |
| Total debt | 32.8M | 73.5M | 78.6M | 78M |
| Net debt | -367.7M | -241.5M | -206.1M | -113.4M |
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 | Current |
|---|---|---|---|---|
| Market cap | — | 87.5B | — | 0 |
| Enterprise value | — | 87.4B | — | -367.7M |
| Shares outstanding | 240.2M | 240.2M | 108.1M | 108.1M |
| Metric | FY19 | FY20 | FY21 | Current |
|---|---|---|---|---|
| P/E | — | — | — | 1.55 |
| P/S | — | 488 | — | 0 |
| P/B | — | -265.1 | — | 54.8 |
| EV/EBITDA | — | -385 | — | 0.88 |
| EV/Sales | — | 487.6 | — | -1.73 |
| Earnings yield | — | — | — | 64.4% |
| FCF yield | — | -0.14% | — | — |
| Metric | FY19 | FY20 | FY21 | Current |
|---|---|---|---|---|
| Gross margin | 42.2% | 2.25% | -7.82% | 16.3% |
| Operating margin | -15.5% | -134.9% | -210.3% | -114.3% |
| Net margin | -15.1% | -134.6% | -115.6% | -7.82% |
| ROE | — | 73.1% | 42.6% | 42.6% |
| ROA | — | -95.9% | -44.3% | -44.3% |
| ROIC | — | 61.6% | 47.3% | 49.4% |
| Return on tangible assets | — | -95.9% | -44.3% | -327.4% |
| Metric | FY19 | FY20 | FY21 | Current |
|---|---|---|---|---|
| Current ratio | — | 4.55 | 8.94 | 2.28 |
| Quick ratio | — | 3.89 | 8.32 | 1.95 |
| Debt / equity | — | -0.14 | -0.06 | -0 |
| Debt / assets | — | 0.18 | 0.06 | 0.09 |
| Net debt / EBITDA | — | 0.28 | 0.88 | 0.27 |
| Interest coverage | -36.9 | -96.6 | -85.6 | -105 |
| Effective tax rate | 0% | 0% | 0% | 0% |
| Metric | FY19 | FY20 | FY21 | Current |
|---|---|---|---|---|
| Revenue per share | 0.82 | 0.75 | 1.96 | 1.96 |
| EPS (basic) | -0.14 | -1 | -2.27 | -2.27 |
| EPS (diluted) | -0.14 | -1 | -2.27 | -2.27 |
| Book value per share | — | -1.37 | -5.32 | -2.14 |
| FCF per share | -0.14 | -0.52 | -1.95 | -0.86 |
| Cash per share | — | 0.45 | 3.71 | 0.5 |
| Capex per share | 0.05 | 0.1 | 0.09 | 0.03 |
| Metric | FY19 | FY20 | FY21 | Current |
|---|---|---|---|---|
| Capex / revenue | 6.08% | 13.4% | 4.43% | 4.35% |
| Capex / operating cash flow | -41% | -21.8% | -153.4% | -5.43% |
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 |
|---|---|---|---|
| Net income | -29.7M | -241.3M | -245.4M |
| Depreciation & amortization | 6.4M | 11.7M | 21.8M |
| Stock-based compensation | 5.5M | 120.2M | 219.4M |
| Change in working capital | -11.1M | -3.5M | -3.6M |
| Operating cash flow | -29M | -110.4M | -6.1M |
| Capital expenditure | -11.9M | -24.1M | -9.4M |
| Investing cash flow | -11.9M | -24.1M | -9.4M |
| Dividends paid | — | — | — |
| Share repurchases | — | — | — |
| Financing cash flow | 148M | 129.1M | 492.5M |
| Net change in cash | 107M | -5.5M | 476.9M |
| Free cash flow | -34.2M | -125.1M | -211.2M |
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 |
|---|---|---|---|---|
| Net income | -40.4M | -76.9M | -85.7M | -77.6M |
| Depreciation & amortization | 5.8M | 5.8M | 9M | 10.5M |
| Stock-based compensation | 37M | 17.6M | 22.7M | 1.3M |
| Change in working capital | -2.2M | -20.6M | 13M | -5.9M |
| Operating cash flow | 547K | -73.9M | -40.8M | -70.9M |
| Capital expenditure | -5.1M | -1.4M | -1.4M | -2.2M |
| Investing cash flow | -5.1M | -1.4M | -1.4M | -2.2M |
| Dividends paid | — | — | — | — |
| Share repurchases | — | — | — | — |
| Financing cash flow | -1.3M | -862K | -772K | -1.1M |
| Net change in cash | -5.8M | -76.1M | -42.9M | -74.2M |
| Free cash flow | -59.7M | -85.4M | -87.9M | -92.6M |