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 22 | -$42.6 | -$165.6 | -288.7% | — | $0 | — |
| Q3 22 | -$48 | -$20.4 | +57.5% | — | $0 | — |
| Q2 22 | — | -$0.07 | — | — | $0 | — |
| Q1 22 | -$48 | -$48 | 0.0% | — | $0 | — |
| Q4 21 | — | -$0.16 | — | — | $0 | — |
| Q2 21 | — | -$0.06 | — | — | $0 | — |
| Q1 21 | — | -$0.3 | — | — | $0 | — |
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 | — | -$84 | — | — | $0 | — |
| FY24 | — | -$240 | — | — | $10K | — |
| FY23 | — | -$8 | — | — | $0 | — |
| FY22 | — | -$640 | — | — | $0 | — |
| FY21 |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $318.5K | $410.3K | $49.1K | $0 | $0 | $0 | $0 | $0 | $10K | $0 |
| YoY change | +1.32% | +28.8% | -88% | -100% | 0% | 0% | 0% | 0% | +InfinityT% | -100% |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 318.5K | 410.3K | 49.1K | 0 | 0 | 0 | 0 | 0 | 10K | 0 |
| Cost of revenue | 225.4K | 70.8K | 70.4K | 0 | — | — | 0 | 0 | 22K | 0 |
| Gross profit | 93.1K | 339.5K | -21.2K | 0 | 0 | — | 0 | 0 | -12K | 0 |
| Gross margin | 29.2% | 82.7% | -43.2% | — | — | — | — | — | -120% | — |
| Research & development | — | — | — | 166K | 2.5M | 4.8M | 6.5M | 7.1M | 3.5M | 2.2M |
| Selling, general & administrative | 366.6K | 762.2K | 665.7K | 226K | 15.6M | 8.7M | 10.6M | 7.1M | 4.9M | 4.8M |
| Operating expenses | 384.8K | 784.3K | 671.8K | 402K | 18.2M | 13.6M | 17.5M | 14.2M | 8.5M | 7.4M |
| Operating income | -349.9K | -510.1K | -724.3K | -422K | -18.3M | -13.4M | -17.1M | -14.2M | -8.5M | -7.4M |
| Operating margin | -109.9% | -124.3% | -1.5K% | — | — | — | — | — | -84.8K% | — |
| Non-operating income, net | 1.1M | -418.6K | -704.2K | -2.5M | -192K | -770K | -10.8M | — | — | — |
| Pretax income | 748.2K | -991.2K | -1.5M | -423K | -18.5M | -3.9M | -14.5M | -15.5M | -8.5M | -7.6M |
| Income tax | 134.1K | 109.6K | 129.6K | -229.3K | — | — | — | — | — | — |
| Net income | 614K | -1.1M | -1.6M | -423K | -18.5M | -21.9M | -21.9M | -16.9M | -8.5M | -11.2M |
| Net margin | 192.8% | -268.3% | -3.2K% | — | — | — | — | — | -85.2K% | — |
| EBITDA | -160.9K | -1M | -1.4M | -401K | -18.1M | -13.1M | -16.3M | -13.7M | -8M | -6.6M |
| EPS | 5.2 | -8.63 | -11.7 | -2.2 | -30.8 | -19 | -640 | -8 | -240 | -84 |
| Diluted EPS | 5.2 | -8.63 | -11.7 | -2.2 | -30.8 | -19 | -640 | -8 | -240 | -84 |
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | Q3 16 | Q4 16 | Q3 20 | Q4 20 | Q1 21 | Q2 21 | Q3 21 | Q4 21 | Q1 22 | Q2 22 | Q3 22 | Q4 22 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 154.5K | -39.8K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost of revenue | 45.5K | 62.7K | — | — | — | — | — | — | — | — | — | — |
| Gross profit | 108.9K | -102.4K | — | — | — | — | — | — | — | — | — | — |
| Gross margin | 70.5% | 257.5% | — | — | — | — | — | — | — | — | — | — |
| Research & development | — | — | 853K | 788K | 1.1M | 1.8M | 2M | 2.7M | 2.1M | 2.3M | 2.8M | 2.6M |
| Selling, general & administrative | 79.1K | 86.7K | 12M | 1.6M | 3.1M | 1.6M | 2.1M | 2.7M | 3.2M | 2.3M | 1.8M | 1.7M |
| Operating expenses | 79.1K | 86.7K | 12.9M | 2.4M | 4.2M | 3.4M | 4.1M | 5.4M | 5.3M | 4.7M | 4.6M | 4.3M |
| Operating income | 29.8K | -265.6K | -13M | -2.5M | -4.2M | -3.5M | -4.1M | -5.5M | -5.3M | -4.8M | -4.6M | -5.2M |
| Operating margin | 19.3% | 667.7% | — | — | — | — | — | — | — | — | — | — |
| Non-operating income, net | 17.8K | 1.1M | 10M | -27K | — | -635K | — | -816K | — | 678K | — | — |
| Pretax income | 40K | 778.1K | -3.1M | -2.5M | -3.7M | -4.1M | -4M | -6.3M | -5M | -4.2M | -2.5M | -19.1M |
| Income tax | 6.7K | 156.5K | — | — | — | — | — | — | — | — | — | — |
| Net income | 33.3K | 621.6K | -3.1M | -2.5M | -3.7M | -4.1M | -4M | -6.3M | -5M | -4.2M | -2.5M | -19.1M |
| Net margin | 21.6% | -1.6K% | — | — | — | — | — | — | — | — | — | — |
| EBITDA | 50.3K | -258.7K | -23.1M | -2.4M | -4.1M | -3.3M | -3.8M | -5.3M | -4.9M | -4.4M | -2M | -18.7M |
| EPS | 0.29 | — | — | — | -4 | -3.3 | -3.2 | — | -4 | -3.3 | -1.7 | — |
| Diluted EPS | 0.29 | — | — | — | -4 | -3.3 | -3.2 | — | -4 | -3.3 | -1.7 | — |
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 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market cap | — | — | — | — | — | — | — | — | — | — | 1.8M |
| Enterprise value | — | — | — | — | — | — | — | — | — | — | 13.4B |
| Shares outstanding | 118.1K | 127.5K | 135.8K | 194.8K | 601.1K | 1.2M | 34K | 2.4M | 34.8K | 124K | 124K |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | — | — | — | — | 0.09 |
| P/B | — | — | — | — | — | — | — | — | — | — | 10.5 |
| EV/EBITDA | — | — | — | — | — | — | — | — | — | — | -2.1K |
| Earnings yield | — | — | — | — | — | — | — | — | — | — | 1.1K% |
| FCF yield | — | — | — | — | — | — | — | — | — | — | -186.9% |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross margin | 29.2% | 82.7% | -43.2% | — | — | — | — | — | -120% | — | — |
| Operating margin | -109.9% | -124.3% | -1.5K% | — | — | — | — | — | -84.8K% | — | 0% |
| Net margin | 192.8% | -268.3% | -3.2K% | — | — | — | — | — | -85.2K% | — | 0% |
| ROE | 19.7% | -46.2% | -65.7% | -28.4% | -118.5% | -58.3% | -232.5% | -286.7% | -210.6% | -255.7% | -219.7% |
| ROA | 12.8% | -22.9% | -46.1% | -21.3% | -106% | -53.9% | -138.3% | -155.8% | -109.4% | -212.5% | -94.5% |
| ROIC | -6.97% | -13.1% | -26.3% | -101% | — | — | — | — | — | — | — |
| Return on tangible assets | 12.8% | -22.9% | -46.1% | -21.3% | -106% | -80.6% | -138.3% | -155.8% | -109.4% | -212.5% | -194.7% |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current ratio | 0.24 | 0.22 | 1.49 | 4.01 | 7.51 | 7.94 | 1.95 | 2 | 1.06 | 4.13 | 1.82 |
| Quick ratio | 0.24 | 0.22 | 1.49 | 4.01 | 7.51 | 7.94 | 1.95 | 2 | 1.06 | 4.13 | 1.95 |
| Debt / equity | 0.34 | 0.63 | 0.22 | 0.13 | 0.01 | 0.01 | 0.36 | 0.48 | 0.61 | 0 | 0.04 |
| Debt / assets | 0.22 | 0.31 | 0.15 | 0.1 | 0.01 | 0.01 | 0.21 | 0.26 | 0.32 | 0 | 0.21 |
| Net debt / EBITDA | -6.26 | -1.47 | -0.24 | 2.68 | 0.75 | 1.45 | 0.19 | 0.13 | -0.14 | 0.47 | 0.1 |
| Interest coverage | 30.4 | -15.2 | -53.3 | -422 | -2.3K | -671.6 | -59.8 | — | — | — | — |
| Effective tax rate | 17.9% | 0% | 0% | 0% | — | — | — | — | — | — | — |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue per share | 2.7 | 3.22 | 0.36 | 0 | 0 | 0 | 0 | 0 | 0.29 | 0 | 0 |
| EPS (basic) | 5.2 | -8.63 | -11.7 | -2.2 | -30.8 | -19 | -640 | -8 | -240 | -84 | -84 |
| EPS (diluted) | 5.2 | -8.63 | -11.7 | -2.2 | -30.8 | -19 | -640 | -8 | -240 | -84 | 19.2 |
| Book value per share | 26.4 | 18.7 | 17.8 | 7.65 | 26 | 32.4 | 276.7 | 2.49 | 116.3 | 35.5 | 0.16 |
| FCF per share | 0.35 | -3.59 | -7.44 | -1.53 | -7.5 | -19.9 | -546.3 | -5.49 | -271.3 | -55.3 | -1.18 |
| Cash per share | 0.35 | 0 | 1.38 | 6.54 | 22.8 | 16.7 | 189 | 1.94 | 39.1 | 25 | 0 |
| Capex per share | 0.01 | 0 | 0.03 | 0.65 | 1.13 | 1.53 | 85.4 | — | — | — | 0.2 |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Capex / revenue | 0.33% | 0.14% | 8.11% | — | — | — | — | — | — | — | — |
| Capex / operating cash flow | 0.09% | -0.05% | -0.28% | -20% | -16.8% | -12.5% | -21.4% | — | — | — | -11.3% |
| Payout ratio | — | — | — | — | 0% | 0% | 0% | — | — | — | 0% |
| — |
| -$19 |
| — |
| — |
| $0 |
| — |
| FY20 | — | -$30.8 | — | — | $0 | — |
| FY19 | — | -$2.2 | — | — | $0 | — |
| FY18 | — | -$11.7 | — | — | $49.1K | — |
| FY17 | — | -$8.63 | — | — | $410.3K | — |
| FY16 | — | $5.2 | — | — | $318.5K | — |
| Period | Q3 16 | Q4 16 | Q3 20 | Q4 20 | Q1 21 | Q2 21 | Q3 21 | Q4 21 | Q1 22 | Q2 22 | Q3 22 | Q4 22 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $154.5K | -$39.8K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| YoY change | +133.5% | -153.7% | — | — | — | — | 0% | 0% | 0% | 0% | 0% | 0% |
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 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 41.1K | 575 | 187.2K | 1.3M | 13.7M | 19.3M | 6.4M | 4.6M | 1.4M | 3.1M |
| Receivables | 23.4K | 108.8K | 29.2K | 17.3K | — | — | — | — | — | — |
| Inventory | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 156.2K | 294K | 460.4K | 1.6M | 13.8M | 22.1M | 7.1M | 5M | 1.8M | 3.7M |
| Property, plant & equipment | 79.5K | 1.7M | 1.5M | 324K | 1.1M | 3.3M | 7.2M | 5.6M | 5.6M | 1.6M |
| Goodwill & intangibles | — | — | — | — | 0 | 13.5M | 0 | — | — | — |
| Total assets | 4.8M | 4.8M | 3.4M | 2M | 17.5M | 40.7M | 15.8M | 10.8M | 7.8M | 5.3M |
| Accounts payable | 203K | 152.5K | 45.1K | 69K | 351K | 382K | 746K | 154K | 166K | 39K |
| Short-term debt | 307K | 858K | 45.4K | 109K | 180K | 165K | 601K | 355K | 386K | — |
| Total current liabilities | 642.1K | 1.3M | 309.6K | 404K | 1.8M | 2.8M | 3.7M | 2.5M | 1.7M | 894K |
| Long-term debt | 740.9K | 656.6K | 479K | 92K | 0 | 246K | 2.7M | 2.5M | 2.1M | 0 |
| Total liabilities | 1.7M | 2.4M | 1M | 496K | 1.8M | 3M | 6.4M | 4.9M | 3.7M | 894K |
| Shareholders' equity | 3.1M | 2.4M | 2.4M | 1.5M | 15.6M | 37.6M | 9.4M | 5.9M | 4M | 4.4M |
| Total debt | 1M | 1.5M | 524.4K | 201K | 180K | 411K | 3.3M | 2.8M | 2.5M | 0 |
| Net debt | 1M | 1.5M | 391.4K | -1.1M | -13.4M | -18.8M | -2.9M | -1.4M | 1.2M | -3.1M |
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 | Q1 16 | Q2 16 | Q3 16 | Q4 16 | Q4 20 | Q2 21 | Q3 21 | Q4 21 | Q1 22 | Q2 22 | Q3 22 | Q4 22 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 1.1K | 518 | 532 | 41.1K | 13.7M | 30.8M | 25.6M | 19.3M | 15.4M | 8.6M | 11.3M | 6.4M |
| Receivables | 40.7K | 66.4K | 113.7K | 23.4K | — | 1.2M | — | — | 1.5M | — | 764K | — |
| Inventory | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 271.4K | 177.9K | 266.3K | 156.2K | 13.8M | 32M | 27.5M | 22.1M | 16.9M | 10.8M | 12.1M | 7.1M |
| Property, plant & equipment | 92.8K | 86.1K | 85.8K | 79.5K | 1.1M | 2.5M | 2.8M | 3.3M | 8.2M | 8.3M | 7.9M | 7.2M |
| Goodwill & intangibles | — | — | — | — | 0 | 9.9M | 11.4M | 13.5M | 13.2M | 12.4M | 11.7M | 0 |
| Total assets | 3.7M | 3.7M | 3.8M | 4.8M | 17.5M | 46.1M | 43.3M | 40.7M | 40.1M | 33M | 33.2M | 15.8M |
| Accounts payable | 164.3K | 177.1K | 185.4K | 203K | 351K | 359K | 313K | 382K | 746K | 779K | 581K | 746K |
| Short-term debt | 397K | 368.8K | 341.7K | 307K | 180K | 210K | 251K | 165K | 488K | 428K | 407K | 601K |
| Total current liabilities | 633K | 701.5K | 607.3K | 642.1K | 1.8M | 2.1M | 2.4M | 2.8M | 3.9M | 3.4M | 5.6M | 3.7M |
| Long-term debt | 443.3K | 419.9K | 441.3K | 740.9K | 0 | 102K | 81K | 246K | 3.6M | 3.2M | 3.2M | 2.7M |
| Total liabilities | 1.3M | 1.3M | 1.4M | 1.7M | 1.8M | 2.2M | 2.5M | 3M | 7.5M | 6.6M | 8.8M | 6.4M |
| Shareholders' equity | 2.4M | 2.3M | 2.4M | 3.1M | 15.6M | 43.8M | 40.8M | 37.6M | 32.6M | 26.4M | 24.4M | 9.4M |
| Total debt | 840.3K | 788.7K | 783.1K | 1M | 180K | 312K | 332K | 411K | 4.1M | 3.7M | 3.6M | 3.3M |
| Net debt | 839.3K | 788.1K | 782.5K | 1M | -13.4M | -30.3M | -25.1M | -18.8M | -11.2M | -4.8M | -7.6M | -2.9M |
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 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net income | 614K | -1.1M | -1.6M | -423K | -18.5M | -21.9M | -21.9M | -16.9M | -8.5M | -11.2M |
| Depreciation & amortization | 15.9K | 28.2K | 11.7K | 21K | 213K | 380K | 837K | 503K | 467K | 770K |
| Stock-based compensation | 20.8K | 11.2K | 156.1K | 0 | 4M | 3.8M | 3.4M | 1.9M | 377K | 589K |
| Change in working capital | 183K | -181K | -141K | 30K | 131K | -147K | 2.5M | 410K | -882K | -729K |
| Operating cash flow | 1.1M | -1.1M | -1.4M | -630.5K | -4.1M | -14.2M | -13.6M | -12.7M | -8.5M | -6.7M |
| Capital expenditure | -1K | -575 | -4K | -126K | -681K | -1.8M | -2.9M | — | — | — |
| Investing cash flow | -1K | -575 | -52.6K | -168.1K | -3M | -2.3M | -2.8M | -494K | -3K | -1.3M |
| Dividends paid | — | — | — | — | 0 | 0 | 0 | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | -65.8K | 413.5K | 1.2M | 1.7M | 14.5M | 25.7M | 5.3M | 11.3M | -220K | 8.3M |
| Net change in cash | 1M | -653.7K | -263.1K | 919.3K | 7.5M | 9.2M | -11M | -2M | -8.7M | 236K |
| Free cash flow | 41.3K | -458.3K | -1M | -299K | -4.5M | -23M | -18.6M | -13M | -9.4M | -6.9M |
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 | Q3 16 | Q4 16 | Q3 20 | Q4 20 | Q1 21 | Q2 21 | Q3 21 | Q4 21 | Q1 22 | Q2 22 | Q3 22 | Q4 22 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income | 33.3K | 615.1K | -3.1M | -2.5M | -3.7M | -4.1M | -4M | -6.3M | -5M | -4.2M | -2.5M | -19.1M |
| Depreciation & amortization | 2.7K | 4.9K | 57K | 83K | 109K | 169K | 201K | 201K | 382K | 340K | 377K | 420K |
| Stock-based compensation | 5.1K | 3K | 1.4M | 985K | 1.9M | 434K | 516K | 1.1M | 714K | 334K | 44K | 54K |
| Change in working capital | -23.2K | 156.1K | 44K | 130K | 736K | -733K | -1.1M | -616K | -382K | 606K | 1.6M | 224K |
| Operating cash flow | 32.2K | 1M | -1.6M | -1.3M | -934K | -4.2M | -4.3M | -5.6M | -4.3M | -2.9M | -390K | -18.4M |
| Capital expenditure | — | — | -100K | -412K | -219K | -683K | -222K | -704K | -800K | -1.5M | -345K | -242K |
| Investing cash flow | — | — | -101K | -1.6M | -5.4M | -1M | -1.9M | -704K | -1M | -1.5M | -308K | -834K |
| Dividends paid | — | — | — | — | — | — | 0 | — | — | — | 0 | 0 |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | -30.4K | -38.7K | 4.3M | 6.9M | 26M | -113K | -88K | -86K | -80K | -287K | 5.6M | 258K |
| Net change in cash | 1.9K | 1M | 2.6M | 4M | 19.6M | -5.4M | -6.2M | -6.4M | -5.4M | -4.7M | 4.9M | -19M |
| Free cash flow | 30.4K | -19.7K | -1.3M | -1.6M | -1.4M | -4.5M | -4.8M | -5M | -3.6M | -6.1M | -2.7M | -4.7M |