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 % |
|---|---|---|---|---|---|---|
| Q3 22 | -$0.15 | $0.35 | +333.3% | — | — | — |
| Q2 22 | — | -$38 | — | — | — | — |
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 | — | $0.12 | — | — | $24.2M | — |
| FY24 | — | -$1.19 | — | — | $17.2M | — |
| FY23 | — | $0.45 | — | — | $22.9M | — |
| FY22 | — | -$18.2 | — | — | $43M | — |
| FY21 | — | -$29.8 | — | — | $25.6M | — |
| FY20 | — | -$6.27 | — | — | $15M | — |
| FY19 | — | -$7.44 | — | — | $12.4M | — |
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 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|
| Revenue | $12.4M | $15M | $25.6M | $43M | $22.9M | $17.2M | $24.2M |
| YoY change | — | +21.3% | +70.6% | +68.2% | -46.9% | -24.7% | +40.5% |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | Q3 21 | Q4 21 | Q3 22 | Q4 22 |
|---|
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 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|
| Revenue | 12.4M | 15M | 25.6M | 43M | 22.9M | 17.2M | 24.2M |
| Cost of revenue | 33.8M | 19.2M | 31.3M | 42.8M | 18.7M | 13.6M | 19.8M |
| Gross profit | -21.4M | -4.2M | -5.8M | 179.8K | 4.1M | 3.6M | 4.4M |
| Gross margin | -173.5% | -28.1% | -22.6% | 0.42% | 18% | 21.1% | 18% |
| Research & development | 708.3K | 1M | 3.8M | 9M | 1.1M | 750K | 518.4K |
| Selling, general & administrative | 18.1M | 18.5M | 76.9M | 34.4M | 10.1M | 10.4M | 6.3M |
| Operating expenses | 18.9M | 19.5M | 80.7M | 43.4M | 11.3M | 11.2M | 6.8M |
| Operating income | -40.9M | -24.6M | -88.1M | -44.3M | -7.7M | -8.4M | -3.5M |
| Operating margin | -331.4% | -164% | -344.7% | -103% | -33.6% | -48.6% | -14.4% |
| Non-operating income, net | 107.2K | 42.9K | -44.3M | -56.9M | 20.8M | -2.7M | 5.1M |
| Pretax income | -40.6M | -24M | -133.8M | -101.7M | 13.1M | -11.1M | 1.5M |
| Income tax | -5.4M | -3.2M | -4.7M | -3.2M | -41.3K | 0 | 155.1K |
| Net income | -35.3M | -29.7M | -141.5M | -123.6M | 3.1M | -10.3M | 1.3M |
| Net margin | -285.5% | -198.4% | -553.5% | -287.4% | 13.4% | -59.7% | 5.43% |
| EBITDA | -40.4M | -23.5M | -87.2M | -39.6M | -6.8M | -7.7M | -45.1K |
| EPS | -7.44 | -6.27 | -29.8 | -18.2 | 0.45 | -1.19 | 0.12 |
| Diluted EPS | -7.44 | -6.27 | -29.8 | -18.2 | 0.28 | -1.19 | 0.12 |
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | Q3 21 | Q4 21 | Q3 22 | Q4 22 | Q1 24 | Q2 24 | Q1 25 | Q2 25 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 10.8M | 14.6M | 24.8M | -14.1M | 4.4M | 3.7M | 4.9M | 5.3M |
| Cost of revenue | 14.1M | 18.9M | 21.4M | -22M | 3.5M | 2.8M | 3.9M | 4.1M |
| Gross profit | -3.3M | -4.3M | 3.4M | 7.9M | 831.5K | 912.7K | 979K | 1.2M |
| Gross margin | -30.3% | -29.5% | 13.7% | -56.4% | 19% | 24.7% | 19.9% | 22.9% |
| Research & development | 1.3M | 851.1K | 2.5M | -3.8M | 124.4K | 161.2K | 118.3K | 105.2K |
| Selling, general & administrative | 19.8M | 26.3M | 21.1M | -36.1M | 3.9M | 1M | 1.5M | 1.2M |
| Operating expenses | 20.9M | 26.9M | 23.8M | -39.9M | 4.1M | 1.2M | 1.6M | 1.3M |
| Operating income | -24.2M | -32.8M | -22.2M | 49.5M | -3.3M | -1M | -722.1K | -128.3K |
| Operating margin | -223.9% | -224.7% | -89.6% | -351.6% | -75.8% | -28% | -14.7% | -2.43% |
| Non-operating income, net | -1.3M | -43.6M | 69.4M | -41.5M | -441.9K | -933K | 1.5M | -240.8K |
| Pretax income | -32.7M | -31.1M | 46.7M | 11.4M | -3.7M | -2M | 772.8K | -340.6K |
| Income tax | -990.8K | -2M | -49.1K | -2.6M | — | — | — | — |
| Net income | -31.7M | -29.1M | 46.7M | -8.7M | -3.7M | -2M | 772.8K | -340.6K |
| Net margin | -293.2% | -199.1% | 188.2% | 61.6% | -85.5% | -52.9% | 15.7% | -6.45% |
| EBITDA | -24M | -32.4M | 22.4M | -54.2M | -3.7M | -1.7M | 893.2K | -262.5K |
| EPS | -6.69 | — | 9.21 | — | -0.55 | — | 0.08 | — |
| Diluted EPS | -6.69 | — | 8.95 | — | -0.55 | — | 0.08 | — |
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 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| Shares outstanding | — | 4.7M | 4.7M | 4.7M | 6.8M | 6.8M | 8.7M | 10.7M | 10.7M |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| Gross margin | — | -173.5% | -28.1% | -22.6% | 0.42% | 18% | 21.1% | 18% | 18% |
| Operating margin | — | -331.4% | -164% | -344.7% | -103% | -33.6% | -48.6% | -14.4% | -14.4% |
| Net margin | — | -285.5% | -198.4% | -553.5% | -287.4% | 13.4% | -59.7% | 5.43% | 5.43% |
| ROE | — | -183.3% | -161.5% | 157.7% | -4.7K% | 51.7% | 1.5K% | 44.6% | 44.6% |
| ROA | — | -137.7% | -120.1% | -238.4% | -215.1% | 14% | -62.7% | 6.55% | 6.55% |
| ROIC | — | -810.2% | -273.3% | 297.4% | -1.3K% | -165% | 188.4% | -669.1% | -669.1% |
| Return on tangible assets | — | -137.7% | -120.1% | -291.6% | -339.6% | 14.3% | -63.6% | 7.03% | 7.03% |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| Current ratio | — | 3.09 | 2.42 | 0.24 | 0.5 | 0.74 | 0.65 | 0.8 | 0.8 |
| Quick ratio | — | 3.09 | 2.42 | 0.24 | 0.5 | 0.74 | 0.65 | 0.8 | 0.8 |
| Debt / equity | — | 0.06 | 0.05 | -0.89 | 0.89 | 0.28 | -1.75 | 0.66 | 0.66 |
| Debt / assets | — | 0.04 | 0.04 | 1.34 | 0.04 | 0.08 | 0.07 | 0.1 | 0.1 |
| Net debt / EBITDA | — | 0.35 | 0.4 | -0.69 | -0.02 | 0.18 | 0.49 | 55 | 55 |
| Interest coverage | — | -574.3 | -376.6 | -88.5 | -154.6 | 214.1 | -269 | 9.04 | 9.04 |
| Effective tax rate | — | 0% | 0% | 0% | 0% | 0% | 0% | 10.6% | 10.6% |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| Revenue per share | — | 2.61 | 3.16 | 5.39 | 6.34 | 3.37 | 1.99 | 2.27 | 2.27 |
| EPS (basic) | — | -7.44 | -6.27 | -29.8 | -18.2 | 0.45 | -1.19 | 0.12 | 0.12 |
| EPS (diluted) | — | -7.44 | -6.27 | -29.8 | -18.2 | 0.28 | -1.19 | 0.12 | 0.12 |
| Book value per share | — | 4.06 | 3.88 | -18.9 | 0.39 | 0.87 | -0.08 | 0.28 | 0.28 |
| FCF per share | — | -8.52 | -6.49 | -13.2 | -17.7 | -1.38 | -0.41 | -0.26 | -0.26 |
| Cash per share | — | 3.23 | 2.18 | 4.12 | 0.23 | 0.43 | 0.57 | 0.41 | 0.41 |
| Capex per share | — | 0.08 | 0.04 | 0.07 | 0.12 | 0 | — | — | — |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| Capex / revenue | — | 3.15% | 1.42% | 1.25% | 1.9% | 0.08% | — | — | — |
| Capex / operating cash flow | — | -0.96% | -0.67% | -0.3% | -1.29% | -0.1% | — | — | — |
| Payout ratio | — | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Q1 24 |
|---|
| Q2 24 |
|---|
| Q1 25 |
|---|
| Q2 25 |
|---|
| Revenue | $10.8M | $14.6M | $24.8M | -$14.1M | $4.4M | $3.7M | $4.9M | $5.3M |
| YoY change | — | — | +129.6% | -196.2% | — | — | +12.4% | +42.7% |
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 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 8.5M | 15.3M | 10.3M | 19.5M | 1.5M | 2.9M | 5M | 4.4M |
| Receivables | 1.5M | 2.1M | 3M | 5.6M | 7.9M | 2.4M | 2.7M | 3.8M |
| Inventory | — | — | — | — | — | — | — | — |
| Total current assets | 10M | 17.3M | 13.5M | 34.6M | 25.6M | 11M | 10.3M | 12.5M |
| Property, plant & equipment | 117.2K | 1.5M | 1.4M | 4.7M | 2.1M | 751.7K | 457.8K | 281.3K |
| Goodwill & intangibles | — | — | 0 | 10.8M | 21.1M | 451.6K | 212.5K | 1.4M |
| Total assets | 11.5M | 25.6M | 24.8M | 59.3M | 57.5M | 21.9M | 16.4M | 20M |
| Accounts payable | 3.9M | 1.4M | 1.1M | 5.2M | 29.2M | 6.8M | 5.7M | 6.8M |
| Short-term debt | 26.7K | 371.1K | 302.7K | 76.3M | 751K | 640.7K | 765.1K | 930.6K |
| Total current liabilities | 5.1M | 5.6M | 5.6M | 145M | 51.5M | 14.8M | 15.9M | 15.5M |
| Long-term debt | 38.4K | 776.2K | 625.9K | 3.3M | 1.6M | 1M | 440.2K | 1M |
| Total liabilities | 5.1M | 6.4M | 6.3M | 149.1M | 54.8M | 16M | 17.1M | 17.1M |
| Shareholders' equity | 6.4M | 19.2M | 18.4M | -89.7M | 2.6M | 5.9M | -687.9K | 2.9M |
| Total debt | 65.1K | 1.1M | 928.6K | 79.6M | 2.3M | 1.7M | 1.2M | 1.9M |
| Net debt | -8.5M | -14.2M | -9.4M | 70.1M | 804.8K | -1.3M | -3.8M | -2.5M |
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 | Q3 22 | Q4 22 | Q2 24 | Q2 25 |
|---|---|---|---|---|---|
| Cash & short-term investments | 19.5M | 18.9M | 1.5M | 1.2M | 4.9M |
| Receivables | 5.6M | 16.4M | 7.9M | 3.3M | 5.3M |
| Inventory | — | — | — | — | — |
| Total current assets | 34.6M | 44.4M | 25.6M | 6.9M | 12.1M |
| Property, plant & equipment | 4.7M | 6.8M | 2.1M | 907.3K | 460.8K |
| Goodwill & intangibles | 10.8M | 109.8M | 21.1M | 258.1K | 185.8K |
| Total assets | 59.3M | 121.1M | 57.5M | 14.1M | 18.2M |
| Accounts payable | 5.2M | 12.8M | 29.2M | 6.8M | 6.9M |
| Short-term debt | 76.3M | 1.5M | 751K | 515K | 502.8K |
| Total current liabilities | 145M | 58.5M | 51.5M | 15.3M | 15.6M |
| Long-term debt | 3.3M | 5.6M | 1.6M | 807.8K | 323.7K |
| Total liabilities | 149.1M | 71.3M | 54.8M | 16.2M | 17.5M |
| Shareholders' equity | -89.7M | 49.9M | 2.6M | -2.1M | 706.9K |
| Total debt | 79.6M | 7.1M | 2.3M | 1.3M | 826.4K |
| Net debt | 70.1M | -11.8M | 804.8K | 140.6K | -4.1M |
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 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|
| Net income | -40.6M | -32.9M | -146.2M | -126.8M | 3M | -10.3M | 1.5M |
| Depreciation & amortization | 253.1K | 487.4K | 739.6K | 4.3M | 752.8K | 470.1K | 445.5K |
| Stock-based compensation | 433.3K | 2.8M | 33.6M | -36.2M | 285.7K | 56.5K | 97.4K |
| Change in working capital | -651.7K | -2.1M | 3.4M | -15.1M | -2.6M | 3.6M | -3.5M |
| Operating cash flow | -40.6M | -31.6M | -107M | -63.2M | -18.1M | -3.6M | -2.1M |
| Capital expenditure | -388.6K | -213K | -319.5K | -817.6K | -17.2K | — | — |
| Investing cash flow | -388.6K | -213K | -11.1M | -6.4M | 9.1M | 583.4K | 983K |
| Dividends paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share repurchases | -500K | 0 | 0 | — | — | — | — |
| Financing cash flow | 46.4M | 26M | 145.9M | 151.7M | 343.9K | 4M | 1.3M |
| Net change in cash | 5.4M | -5.8M | 27.8M | 82.1M | -8.7M | 1.1M | 147K |
| Free cash flow | -40.4M | -30.8M | -62.5M | -120.2M | -9.4M | -3.6M | -2.8M |
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 21 | Q4 21 | Q3 22 | Q4 22 |
|---|---|---|---|---|
| Net income | -32.7M | -31.1M | 46.7M | -11.2M |
| Depreciation & amortization | 210.3K | 324.1K | 1.4M | 1.2M |
| Stock-based compensation | 5.7M | 5.7M | 3.2M | -39.6M |
| Change in working capital | 3.1M | -428.5K | -11.7M | 2.6M |
| Operating cash flow | -16.6M | -26.5M | 16.8M | -56.4M |
| Capital expenditure | -117.9K | -148.4K | -143.8K | 1.1M |
| Investing cash flow | -117.9K | -971.8K | -103.5K | 6.8M |
| Dividends paid | 0 | 0 | 0 | 0 |
| Share repurchases | — | — | — | — |
| Financing cash flow | 35.3M | -146.6K | 27.3M | 44.8K |
| Net change in cash | 18.7M | -27.6M | 44.1M | -49.6M |
| Free cash flow | -14.7M | -27.5M | -24.7M | -15.5M |