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 19 | -$301.6K | -$268K | +11.1% | — | $335.8M | — |
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 | — | — | $365.3K | — |
| FY24 | — | $0 | — | — | $288.4M | — |
| FY23 | — | $0 | — | — | $0 | — |
| FY22 | — | $0 | — | — | $0 | — |
| FY21 | — | -$46.8K | — | — | $0 | — |
| FY20 | — | -$136.8K | — | — | $1.2B | — |
| FY19 | — | -$3.6K | — | — | $1.2B | — |
| FY18 | — | -$69.5K | — | — | $889.9M | — |
| FY17 | — | -$33.3K | — | — | $522.7M | — |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $522.7M | $889.9M | $1.2B | $1.2B | $0 | $0 | $0 | $288.4M | $365.3K |
| YoY change | — | +70.2% | +38.6% | -2.09% | -100% | 0% | 0% | +InfinityT% | -99.9% |
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 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 522.7M | 889.9M | 1.2B | 1.2B | 0 | 0 | 0 | 288.4M | 365.3K |
| Cost of revenue | 567.6M | 1B | 1.3B | 1.2B | 949.7M | 0 | 0 | 274.9M | 357.3K |
| Gross profit | -44.8M | -125.1M | -113.9M | -9.7M | 86.6M | 0 | 0 | 13.5M | 8K |
| Gross margin | -8.57% | -14.1% | -9.23% | -0.8% | — | — | — | 4.67% | 2.19% |
| Research & development | 44.2M | 51.9M | 47M | 24.9M | -192K | 3.2K | 46K | 24K | 0 |
| Selling, general & administrative | 76.4M | 202.8M | 243.6M | 166.3M | 27.5M | 4.2M | 23.5M | 27.3M | 42.4K |
| Operating expenses | 122M | 250.7M | 288.2M | 175.3M | 45.8M | 5.4M | 23.5M | 27.3M | 42.4K |
| Operating income | -166.8M | -375.8M | -402.1M | -185M | -27.3M | -4.2M | -23.5M | -13.8M | -34.4K |
| Operating margin | -31.9% | -42.2% | -32.6% | -15.3% | — | — | — | -4.8% | -9.41% |
| Non-operating income, net | -27.9M | -44.5M | -4.3M | -1.2B | -272M | -60.8M | — | -572.7M | -686.5K |
| Pretax income | -244.8M | -497.5M | -498.3M | -1.5B | -130.6M | -71.1M | -25.1M | -612.6M | -748.4K |
| Income tax | 596K | 2.4M | 63K | 13K | 0 | 0 | 0 | 548K | 46 |
| Net income | -245.4M | -499.9M | -498.3M | -1.5B | -569.2M | 117.7M | -71.3M | -226.8M | -748.4K |
| Net margin | -47% | -56.2% | -40.4% | -127% | — | — | — | -78.7% | -204.9% |
| EBITDA | -64.8M | -220.9M | -184.6M | 78.3M | -27.3M | -65.1M | -23.5M | -11.3M | -34.5K |
| EPS | -33.3K | -69.5K | -3.6K | -136.8K | -46.8K | 0 | 0 | 0 | 0 |
| Diluted EPS | -33.3K | -69.5K | -3.6K | -136.8K | -46.8K | 0 | 0 | 0 | 0 |
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | Q4 18 | Q3 19 | Q4 19 |
|---|---|---|---|
| Revenue | 296.9M | 309.3M | 335.8M |
| Cost of revenue | 324.2M | 335.5M | 351.5M |
| Gross profit | -27.3M | -26.2M | -15.7M |
| Gross margin | -9.19% | -8.47% | -4.67% |
| Research & development | 13.8M | 12.3M | 8.6M |
| Selling, general & administrative | 69.5M | 70.5M | 65.5M |
| Operating expenses | 80.4M | 82.2M | 72.1M |
| Operating income | -107.7M | -108.4M | -87.8M |
| Operating margin | -36.3% | -35% | -26.1% |
| Non-operating income, net | -47.3M | 59.8M | -13.3M |
| Pretax income | -176.3M | -71.7M | -125.1M |
| Income tax | 17K | -45K | 23K |
| Net income | -176.3M | -71.6M | -125.1M |
| Net margin | -59.4% | -23.2% | -37.3% |
| EBITDA | -58.1M | -107.5M | -30.3M |
| EPS | — | — | -1.1K |
| Diluted EPS | — | — | -1.1K |
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 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|
| Shares outstanding | 66.4K | 66.4K | 1.6M | 81.8K | 88.5K | 1.5K | 11.8K | 331.3K | 83.8K | 83.8K |
| Metric | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|
| Gross margin | -8.57% | -14.1% | -9.23% | -0.8% | — | — | — | 4.67% | 2.19% | 2.19% |
| Operating margin | -31.9% | -42.2% | -32.6% | -15.3% | — | — | — | -4.8% | -9.41% | -9.41% |
| Net margin | -47% | -56.2% | -40.4% | -127% | — | — | — | -78.7% | -204.9% | -204.9% |
| ROE | 30.9% | 35.1% | 22.3% | 76.9% | 22.9% | -143.1% | 11.1% | 40.8% | 0.09% | 0.09% |
| ROA | -21.7% | -28.1% | -27.7% | -180.3% | -150.7% | 858.3% | -83.3% | -29% | -1.08% | -1.08% |
| ROIC | 140% | 309.8% | 45.1% | 35% | 1.94% | 5.18% | 3.93% | -2.59% | 0.02% | 0.02% |
| Return on tangible assets | -22.2% | -28.5% | -28.1% | -397.7% | -782.9% | 1.2K% | -83.3% | 35.7% | -3.49% | -3.49% |
| Metric | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|
| Current ratio | 0.46 | 0.23 | 0.35 | 0.1 | 0.08 | 0.11 | 0.12 | 0.05 | 0.04 | 0.04 |
| Quick ratio | 0.46 | 0.23 | 0.35 | 0.1 | 0.08 | 0.11 | 0.12 | 0.05 | 0.04 | 0.04 |
| Debt / equity | -1.31 | -0.99 | -0.67 | -0.75 | -0.44 | -0.01 | -0.07 | -1.98 | -0.8 | -0.8 |
| Debt / assets | 0.92 | 0.79 | 0.84 | 1.75 | 2.89 | 0.07 | 0.52 | 1.41 | 10.1 | 10.1 |
| Net debt / EBITDA | -10.4 | -5.89 | -7.28 | 18.7 | -39.3 | -0.01 | -1.88 | -96.7 | -20K | -20K |
| Interest coverage | -3.86 | -5.24 | -4.28 | -10.7 | -0.26 | -10.8 | -15 | -22.5 | -26.2 | -26.2 |
| Effective tax rate | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Metric | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue per share | 7.9K | 13.4K | 758.5 | 14.8K | 0 | 0 | 0 | 870.4 | 4.36 | 4.36 |
| EPS (basic) | -33.3K | -69.5K | -3.6K | -136.8K | -46.8K | 0 | 0 | 0 | 0 | 0 |
| EPS (diluted) | -33.3K | -69.5K | -3.6K | -136.8K | -46.8K | 0 | 0 | 0 | 0 | 0 |
| Book value per share | -12K | -21.4K | -1.4K | -24.4K | -28.1K | -53.1K | -54.4K | -1.7K | -10.5K | -10.5K |
| FCF per share | -5K | -11.9K | -264.7 | -541.8 | -1.2K | -4.1K | -3.4K | -29.5 | -0.14 | -0.14 |
| Cash per share | 5.5K | 1.6K | 98.2 | 279.6 | 184.5 | 52.2 | 24.2 | 30.5 | 152.5 | 152.5 |
| Capex per share | 4.3K | 10.2K | 210.1 | 1.2K | 0.02 | 0 | — | — | — | — |
| Metric | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|
| Capex / revenue | 54.6% | 75.8% | 27.7% | 8.21% | — | — | — | — | — | — |
| Capex / operating cash flow | -400.2% | -509.2% | -219.1% | -5.74% | -0% | 0% | — | — | — | — |
| Period |
|---|
| Q4 18 |
|---|
| Q3 19 |
|---|
| Q4 19 |
|---|
| Revenue | $296.9M | $309.3M | $335.8M |
| YoY change | — | — | +13.1% |
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 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 365.1M | 103.8M | 159.8M | 22.9M | 16.3M | 80.8K | 286K | 10.1M | 12.8M |
| Receivables | 314K | 475K | 1.3M | 1.9M | 370K | 108K | 0 | 36.3M | 23.5M |
| Inventory | — | — | — | — | — | — | — | — | — |
| Total current assets | 542M | 447.9M | 596.5M | 203M | 176.7M | 10.2M | 85.7M | 67.6M | 39.9M |
| Property, plant & equipment | 549.5M | 1.3B | 1.2B | 317.9M | -1.2M | 71.8K | — | 953K | 557K |
| Goodwill & intangibles | 26M | 24.5M | 24M | 465.1M | 304.9M | 3.9M | 0 | 1.4B | 47.9M |
| Total assets | 1.1B | 1.8B | 1.8B | 850.7M | 377.6M | 13.7M | 85.7M | 782.8M | 69.4M |
| Accounts payable | 113.9M | 431M | 277.1M | 294.5M | 320.3M | 0 | 182K | 37M | 29.5M |
| Short-term debt | 858M | 1.2B | 1.1B | 816.6M | 576.8M | 939.7K | 44.4M | 1.1B | 700.8M |
| Total current liabilities | 1.2B | 2B | 1.7B | 2B | 2.3B | 96M | 729.1M | 1.3B | 949.2M |
| Long-term debt | 182.5M | 165.5M | 428.3M | 671.4M | 514.9M | — | 0 | 587K | 353K |
| Total liabilities | 1.9B | 3.2B | 4B | 2.8B | 2.9B | 96M | 729.1M | 1.3B | 949.5M |
| Shareholders' equity | -794.5M | -1.4B | -2.2B | -2B | -2.5B | -82.3M | -643.4M | -556.6M | -880.1M |
| Total debt | 1B | 1.4B | 1.5B | 1.5B | 1.1B | 939.7K | 44.4M | 1.1B | 701.1M |
| Net debt | 675.4M | 1.3B | 1.3B | 1.5B | 1.1B | 858.9K | 44.1M | 1.1B | 690.2M |
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 18 | Q3 19 | Q4 19 |
|---|---|---|---|
| Cash & short-term investments | 103.8M | 342.2M | 159.8M |
| Receivables | 475K | 998K | 1.3M |
| Inventory | — | — | — |
| Total current assets | 447.9M | 779.4M | 596.5M |
| Property, plant & equipment | 1.3B | 1.2B | 1.2B |
| Goodwill & intangibles | 24.5M | 23M | 24M |
| Total assets | 1.8B | 2B | 1.8B |
| Accounts payable | 431M | 308.8M | 277.1M |
| Short-term debt | 1.2B | 1.1B | 1.1B |
| Total current liabilities | 2B | 1.7B | 1.7B |
| Long-term debt | 165.5M | 508.3M | 428.3M |
| Total liabilities | 3.2B | 2.6B | 4B |
| Shareholders' equity | -1.4B | -571.7M | -2.2B |
| Total debt | 1.4B | 1.6B | 1.5B |
| Net debt | 1.3B | 1.3B | 1.3B |
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 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|
| Net income | -245.4M | -499.9M | -498.3M | -1.5B | -130.6M | -71.1M | -25.1M | -613.2M | -748.4K |
| Depreciation & amortization | 101.8M | 152.3M | 215.1M | 263M | 79.3M | 0 | 0 | 261K | 396 |
| Stock-based compensation | 775K | 2.3M | 8.2M | 16M | 15.8M | 1.4M | 4.8M | 2.5M | 0 |
| Change in working capital | 11.7M | 26.1M | 88.2M | -175.9M | -33.5M | -8.6M | -100K | 870K | 11.9K |
| Operating cash flow | -71.3M | -132.4M | -156M | -1.7B | -67M | -17.3M | -39.9M | -9.8M | -11.7K |
| Capital expenditure | -285.5M | -674.3M | -341.7M | -99.2M | -2K | 0 | — | — | — |
| Investing cash flow | -285.5M | -674.3M | -350.8M | -138.7M | -6.5M | 0 | 0 | 10.1M | -490 |
| Dividends paid | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | -248.9M | 0 | 0 | — | — | — |
| Financing cash flow | -202.6M | -1B | -952.2M | -1.1B | 115.8M | 4.4M | 37.9M | -1.6M | -40.3K |
| Net change in cash | -559.5M | -1.8B | -1.5B | -3B | 42.3M | -12.9M | -2M | -1.3M | -52.5K |
| Free cash flow | -329.1M | -791.3M | -430.5M | -44.3M | -109.7M | -6.4M | -39.9M | -9.8M | -11.7K |
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 18 | Q4 19 |
|---|---|---|
| Net income | -176.3M | -125.1M |
| Depreciation & amortization | 48.6M | 55.9M |
| Stock-based compensation | 0 | 0 |
| Change in working capital | -56M | -2.6M |
| Operating cash flow | -122.2M | -50.1M |
| Capital expenditure | -192M | -54M |
| Investing cash flow | -192M | -54M |
| Dividends paid | — | — |
| Share repurchases | — | — |
| Financing cash flow | -447.7M | -485.9M |
| Net change in cash | -761.9M | -590M |
| Free cash flow | -211M | -87.1M |