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 | — | — | — | — | $41.1M | — |
| FY24 | — | -$167.9 | — | — | $44.3M | — |
| FY23 | — | -$155.6 | — | — | $19.8M | — |
| FY22 | — | -$87.6 | — | — | $7.8M | — |
| FY21 | — | -$79 | — | — | $8M | — |
| FY20 | — | -$10.5 | — | — | $1.5M | — |
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 | FY24 | FY25 |
|---|---|---|---|---|---|---|
| Revenue | $1.5M | $8M | $7.8M | $19.8M | $44.3M | $41.1M |
| YoY change | — | +447.1% | -2.67% | +153.5% | +124.1% | -7.15% |
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 | FY24 | FY25 |
|---|---|---|---|---|---|---|
| Revenue | 1.5M | 8M | 7.8M | 19.8M | 44.3M | 41.1M |
| Cost of revenue | 0 | 5.1M | 5.1M | 7.6M | 33.8M | 26.2M |
| Gross profit | 1.5M | 2.9M | 2.7M | 12.2M | 10.5M | 14.9M |
| Gross margin | 100% | 35.9% | 34.1% | 61.6% | 23.6% | 36.3% |
| Research & development | 111K | 5.4M | 9.4M | 2.2M | 3M | 4.6M |
| Selling, general & administrative | 17.1M | 42.5M | 39.8M | 43.7M | 49.7M | 56M |
| Operating expenses | 17.2M | 47.8M | 49.1M | 45.9M | 52.7M | 60.6M |
| Operating income | -16M | -45M | -56.2M | -34.9M | -47.5M | -58.3M |
| Operating margin | -1.1K% | -561.2% | -721.5% | -176.6% | -107.2% | -141.7% |
| Non-operating income, net | 9.6M | -1.3M | -698K | 13.4M | -8.2M | -21.3M |
| Pretax income | -6.5M | -46.5M | -57.7M | -22.9M | -56.4M | -76.9M |
| Income tax | 0 | 2.6M | 5K | 2.6M | 0 | 3.6M |
| Net income | -6.5M | -49.1M | -57.7M | -25.5M | -56.4M | -80.5M |
| Net margin | -446% | -612.5% | -739.7% | -128.9% | -127.3% | -195.7% |
| EBITDA | -4.6M | -40.6M | -49.2M | -10.7M | -35.9M | -68.3M |
| EPS | -10.5 | -79 | -87.6 | -155.6 | -167.9 | — |
| Diluted EPS | -10.5 | -79 | -87.6 | -155.6 | -167.9 | — |
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 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|
| Cash & short-term investments | 121.4M | 14.8M | 4.9M | 1.9M | 23.4M | 22M |
| Receivables | 12K | 193K | 1.6M | 15.7M | 10.4M | 22.2M |
| Inventory | 197K | 13.4M | 5.5M | 5.4M | 9.9M | 12.3M |
| Total current assets | 135.3M | 128.3M | 54M | 163.2M | 105.1M | 147.4M |
| Property, plant & equipment | 5.5M | 40.2M | 35.5M | 33.4M | 24.9M | 18.4M |
| Goodwill & intangibles | 92K | 1.2M | 572K | 402K | 264K | 124K |
| Total assets | 328.7M | 353.7M | 281.9M | 429M | 385.7M | 378.8M |
| Accounts payable | 1.3M | 9.8M | 11.1M | 10.2M | 14.3M | 19.5M |
| Short-term debt | 17.5M | 7.7M | 21.3M | 34.1M | 24.6M | 22.4M |
| Total current liabilities | 29.3M | 76.8M | 59.1M | 74.9M | 56.9M | 81.9M |
| Long-term debt | 9.3M | 19.2M | 14.8M | 6M | 7.8M | 2.4M |
| Total liabilities | 38.6M | 96M | 76.8M | 84.4M | 64.7M | 90M |
| Shareholders' equity | 290.1M | 257.7M | 205M | 344.6M | 321M | 288.8M |
| Total debt | 26.8M | 26.8M | 36.1M | 40M | 32.4M | 24.8M |
| Net debt | -94.6M | 12M | 31.2M | 38.1M | 9M | 2.8M |
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 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Shares outstanding | 3.8M | 524.2K | 524.2K | 124.3K | 285.4K | — | — |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Gross margin | 100% | 35.9% | 34.1% | 61.6% | 23.6% | 36.3% | 36.3% |
| Operating margin | -1.1K% | -561.2% | -721.5% | -176.6% | -107.2% | -141.7% | -141.7% |
| Net margin | -446% | -612.5% | -739.7% | -128.9% | -127.3% | -195.7% | -195.7% |
| ROE | -2.25% | -19% | -28.1% | -7.39% | -17.6% | -27.9% | -27.9% |
| ROA | -1.99% | -13.9% | -20.5% | -5.94% | -14.6% | -21.2% | -21.2% |
| ROIC | -8.19% | -16.7% | -23.8% | -9.12% | -14.4% | -20% | -20% |
| Return on tangible assets | -1.99% | -13.9% | -20.5% | -5.94% | -14.6% | -21.3% | -21.3% |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Current ratio | 4.62 | 1.67 | 0.91 | 2.18 | 1.85 | 1.8 | 1.8 |
| Quick ratio | 4.61 | 1.5 | 0.82 | 2.11 | 1.67 | 1.65 | 1.65 |
| Debt / equity | 0.09 | 0.1 | 0.18 | 0.12 | 0.1 | 0.09 | 0.09 |
| Debt / assets | 0.08 | 0.08 | 0.13 | 0.09 | 0.08 | 0.07 | 0.07 |
| Net debt / EBITDA | 20.6 | -0.3 | -0.63 | -3.57 | -0.25 | -0.04 | -0.04 |
| Interest coverage | -11.3 | -65.8 | -74.5 | -11.3 | -39.2 | -408 | -408 |
| Effective tax rate | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Revenue per share | 0.39 | 15.3 | 14.9 | 159 | 155.2 | — | — |
| EPS (basic) | -10.5 | -79 | -87.6 | -155.6 | -167.9 | — | — |
| EPS (diluted) | -10.5 | -79 | -87.6 | -155.6 | -167.9 | — | — |
| Book value per share | 76.8 | 491.6 | 391.1 | 2.8K | 1.1K | — | — |
| FCF per share | -6.28 | -177.9 | -39.5 | -533.7 | -256.4 | — | — |
| Cash per share | 32.1 | 28.2 | 9.31 | 15.5 | 82.1 | — | — |
| Capex per share | 0.35 | 18.3 | 14.8 | — | — | — | — |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Capex / revenue | 91.1% | 119.5% | 99.7% | — | — | — | — |
| Capex / operating cash flow | -9.45% | -81.1% | -6.58% | — | — | — | — |
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 | FY24 | FY25 |
|---|---|---|---|---|---|---|
| Net income | -6.5M | -49.1M | -57.7M | -25.5M | -56.4M | -80.5M |
| Depreciation & amortization | 1.4M | 5.2M | 7.7M | 8.3M | 8.5M | 8.4M |
| Stock-based compensation | — | — | — | — | — | — |
| Change in working capital | -9.6M | 28.6M | -68.1M | -40.4M | -38.7M | -26.1M |
| Operating cash flow | -14.1M | -11.8M | -118M | -65.4M | -73.2M | -69.9M |
| Capital expenditure | -1.3M | -9.6M | -7.8M | — | — | — |
| Investing cash flow | -13.1M | -13.3M | -11.4M | -83.2M | 49M | 24.3M |
| Dividends paid | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — |
| Financing cash flow | 531.2M | -7M | 4.5M | 179.4M | 13M | 47.1M |
| Net change in cash | 504M | -32.1M | -124.9M | 30.8M | -11.2M | 1.5M |
| Free cash flow | -23.7M | -93.2M | -20.7M | -66.3M | -73.2M | -70.4M |