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 % |
|---|---|---|---|---|---|---|
| Q2 26 | -$0.02 | -$0.04 | -100.0% | — | $34M | — |
| Q1 26 | -$0.01 | -$0.04 | -300.0% | — | $28.5M | — |
| Q4 25 | -$0.04 | -$0.01 | +75.0% | — | $24.1M | — |
| Q2 25 | -$0.08 | -$0.05 | +37.5% | — | — | — |
| Q1 25 | -$0.09 | -$0.08 | +11.1% | — | — | — |
| Q4 24 | -$0.1 | -$0.09 | +10.0% | — | $10M | — |
| Q3 24 | $0.01 | -$0.1 | -1100.0% | — | — | — |
| Q2 24 | -$0.1 | -$0.13 | -30.0% | — | — | — |
| Q1 24 | -$0.1 | -$0.11 | -10.0% | — | — | — |
| Q4 23 | -$0.11 | -$0.1 | +9.1% | — | $3.9M | — |
| Q3 23 | -$0.12 | -$0.1 | +16.7% | — | — | — |
| Q2 23 | -$0.11 | -$0.11 | 0.0% | — | $1.6M | — |
| Q1 23 | -$0.09 | -$0.11 | -22.2% | — | $470K | — |
| Q4 22 | -$0.06 | -$0.07 | -16.7% | — | $792K | — |
| Q3 22 | -$0.11 | -$0.06 | +45.5% | — | $816K | — |
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 | — | -$0.35 | — | — | $71.9M | — |
| FY24 | — | -$0.45 | — | — | $23.6M | — |
| FY23 | — | -$0.43 | — | — | $8.8M | — |
| FY22 | — | -$0.24 | — | — | $4.2M | — |
| FY21 | — | -$0.12 | — |
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 | $4.7M | $2.8M | $4.2M | $8.8M | $23.6M | $71.9M |
| YoY change | — | -40.8% | +50.9% | +110.2% | +168.1% | +205.1% |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | Q3 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 |
|---|
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 | 4.7M | 2.8M | 4.2M | 8.8M | 23.6M | 71.9M |
| Cost of revenue | 6.7M | 7.1M | 10.1M | 23.7M | 42.5M | 64.7M |
| Gross profit | -2M | -4.3M | -5.9M | -14.9M | -18.9M | 8.3M |
| Gross margin | -43.1% | -156.2% | -140.6% | -169.9% | -80.3% | 11.5% |
| Research & development | 1.3M | 1.4M | 2M | 3.7M | 7.3M | 9.4M |
| Selling, general & administrative | 4.1M | 4.8M | 10.4M | 20.4M | 18.7M | 23M |
| Operating expenses | 5.4M | 6.3M | 12.2M | 23.8M | 25.5M | 31.3M |
| Operating income | -7.4M | -10.6M | -18M | -38.7M | -44.4M | -23M |
| Operating margin | -159.2% | -383.2% | -431.4% | -440.3% | -188.4% | -32% |
| Non-operating income, net | 36K | 743K | — | -581K | -1.9M | -22.6M |
| Pretax income | -7.4M | -9.9M | -17.3M | -36.8M | -44.7M | -43M |
| Income tax | — | — | — | — | — | — |
| Net income | -7.4M | -9.9M | -17.3M | -36.8M | -44.7M | -43M |
| Net margin | -158.5% | -357% | -414.4% | -418.3% | -189.5% | -59.8% |
| EBITDA | -6.2M | -9.2M | -16.5M | -36.3M | -38.7M | 3.9M |
| EPS | -0.09 | -0.12 | -0.24 | -0.43 | -0.45 | -0.35 |
| Diluted EPS | -0.09 | -0.12 | -0.24 | -0.43 | -0.45 | -0.35 |
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | Q3 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | — | 3.9M | — | — | — | 10M | — | — | 21.4M | 24.1M | 28.5M | 34M |
| Cost of revenue | — | 7.8M | — | — | — | 12.9M | — | — | 18.1M | 19.3M | 22.8M | 24.8M |
| Gross profit | — | -4.1M | — | — | — | -2.9M | — | — | 3.3M | 6M | 5.7M | 9.3M |
| Gross margin | — | -105% | — | — | — | -28.4% | — | — | 15.5% | 24.7% | 20.1% | 27.3% |
| Research & development | — | 1.3M | — | — | — | 2.3M | — | — | 2.5M | 2.8M | 3.8M | 4.1M |
| Selling, general & administrative | — | 4.6M | — | — | — | 5.4M | — | — | 5.5M | 6.2M | 8.6M | 9.5M |
| Operating expenses | — | 5.9M | — | — | — | 7.6M | — | — | 8M | 8.9M | 12.4M | 13.6M |
| Operating income | — | -10M | — | — | — | -9.9M | — | — | -4.7M | -1.8M | -6.7M | -4.3M |
| Operating margin | — | -253.7% | — | — | — | -98.7% | — | — | -21.9% | -7.65% | -23.4% | -12.6% |
| Non-operating income, net | — | -2.5M | — | — | — | -3.1M | — | — | 800K | -24.1M | 1.6M | 1.1M |
| Pretax income | — | -10M | — | — | — | -11.4M | — | — | -3.9M | -23.4M | -5M | -3.2M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — |
| Net income | — | -10M | — | — | — | -11.4M | — | — | -3.9M | -23.4M | -5M | -3.2M |
| Net margin | — | -253.4% | — | — | — | -113.8% | — | — | -18.2% | -96.8% | -17.7% | -9.27% |
| EBITDA | — | -9.5M | — | — | — | -9M | — | — | -3.5M | -622K | -5.9M | -3.5M |
| EPS | -0.1 | — | -0.11 | -0.13 | -0.1 | — | -0.08 | -0.05 | -0.03 | — | -0.04 | -0.04 |
| Diluted EPS | -0.1 | — | -0.11 | -0.13 | -0.1 | — | -0.08 | -0.05 | -0.03 | — | -0.04 | -0.04 |
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 |
|---|---|---|---|---|---|---|---|---|---|
| Market cap | — | — | — | — | — | — | — | — | 1.4B |
| Enterprise value | — | — | — | — | — | — | — | — | 1.3B |
| Shares outstanding | — | — | 84.2M | 84.2M | 71.3M | 86.2M | 101.9M | 124.6M | 124.6M |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | — | — | -27.4 |
| P/S | — | — | — | — | — | — | — | — | 12.8 |
| P/B | — | — | — | — | — | — | — | — | 11.2 |
| EV/EBITDA | — | — | — | — | — | — | — | — | -90.7 |
| EV/Sales | — | — | — | — | — | — | — | — | 12.2 |
| Earnings yield | — | — | — | — | — | — | — | — | -3.65% |
| FCF yield | — | — | — | — | — | — | — | — | -2.56% |
| PEG | — | — | — | — | — | — | — | — | 1.37 |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| Gross margin | — | — | -43.1% | -156.2% | -140.6% | -169.9% | -80.3% | 11.5% | 27.3% |
| Operating margin | — | — | -159.2% | -383.2% | -431.4% | -440.3% | -188.4% | -32% | -12.6% |
| Net margin | — | — | -158.5% | -357% | -414.4% | -418.3% | -189.5% | -59.8% | -33.4% |
| ROE | — | — | -634.6% | -71.4% | -23.7% | -61.5% | -64.3% | -41.4% | -36.1% |
| ROA | — | — | -111.4% | -53.4% | -20.8% | -34.1% | -36.9% | -27.4% | -8.55% |
| Return on tangible assets | — | — | -111.4% | -53.4% | -20.8% | -34.1% | -36.9% | -27.4% | -23.8% |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| Current ratio | — | — | 0.3 | 3.4 | 10.9 | 3.75 | 4 | 7.08 | 7.17 |
| Quick ratio | — | — | 0.17 | 3.28 | 10.8 | 3.7 | 3.61 | 6.7 | 6.54 |
| Debt / equity | — | — | 0.64 | 0 | 0.04 | 0.59 | 0.54 | 0.38 | 0.05 |
| Debt / assets | — | — | 0.11 | 0 | 0.04 | 0.33 | 0.31 | 0.25 | 0.04 |
| Net debt / EBITDA | — | — | -0.12 | 1.25 | 4.04 | 0.28 | 0.45 | -12.8 | 5.01 |
| Interest coverage | — | — | -1.5K | -617.5 | — | — | — | — | — |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| Revenue per share | — | — | 0.06 | 0.03 | 0.06 | 0.1 | 0.23 | 0.58 | 0.81 |
| EPS (basic) | — | — | -0.09 | -0.12 | -0.24 | -0.43 | -0.45 | -0.35 | -0.35 |
| EPS (diluted) | — | — | -0.09 | -0.12 | -0.24 | -0.43 | -0.45 | -0.35 | -0.29 |
| Book value per share | — | — | 0.01 | 0.16 | 1.02 | 0.69 | 0.68 | 0.83 | 0.86 |
| FCF per share | — | — | -0.07 | -0.1 | -0.22 | -0.5 | -0.36 | -0.29 | -0.41 |
| Cash per share | — | — | 0 | 0.14 | 0.98 | 0.53 | 0.54 | 0.73 | 0.51 |
| Capex per share | — | — | 0.01 | 0.01 | 0.02 | 0.2 | 0.03 | — | — |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| Capex / revenue | — | — | 11.3% | 22% | 35.4% | 199.6% | 13.6% | — | — |
| Capex / operating cash flow | — | — | -12% | -7.67% | -11.6% | -60.5% | -9.16% | — | — |
| Payout ratio | — | — | — | — | — | — | — | — | 0% |
| Dividend yield | — | — | — | — | — | — | — | — | 29.2% |
Split-adjusted payout per share by ex-dividend date.
| Ex-dividend | Amount |
|---|---|
| Sep 29, 2022 | $0.70 |
| Jul 1, 2022 | $0.70 |
| Mar 30, 2022 | $0.70 |
| Dec 30, 2021 | $0.70 |
| Sep 29, 2021 | $0.6625 |
| Jul 2, 2021 | $0.6625 |
| Mar 30, 2021 | $0.6625 |
| — |
| $2.8M |
| — |
| FY20 | — | -$0.09 | — | — | $4.7M | — |
| Q4 24 |
|---|
| Q1 25 |
|---|
| Q2 25 |
|---|
| Q3 25 |
|---|
| Q4 25 |
|---|
| Q1 26 |
|---|
| Q2 26 |
|---|
| Revenue | — | $3.9M | — | — | — | $10M | — | — | $21.4M | $24.1M | $28.5M | $34M |
| YoY change | — | +398% | — | — | — | +154.3% | — | — | — | +140.6% | — | — |
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 | 144M | 68M | 2K | 11.5M | 69.7M | 45.8M | 55.2M | 90.5M |
| Receivables | 730M | 788M | 348K | 262K | 686K | 1.3M | 5.6M | 23.7M |
| Inventory | 282M | 364M | 517K | 500K | 500K | 730K | 6.6M | 6.7M |
| Total current assets | 3.4B | 3.6B | 1.2M | 14.2M | 75.2M | 50.5M | 68.8M | 126.4M |
| Property, plant & equipment | -5.5B | -4.9B | 5.3M | 4.2M | 7M | 56.9M | 51M | 29.2M |
| Goodwill & intangibles | — | — | — | — | — | — | — | — |
| Total assets | 56.7B | 64.4B | 6.7M | 18.5M | 83.2M | 107.7M | 121.1M | 156.9M |
| Accounts payable | 1.5B | 1.8B | 2.3M | 359K | 1M | 3.3M | 7.4M | 6.7M |
| Short-term debt | 799M | 1.1B | 743K | — | 521K | 1.1M | 3.3M | 4.7M |
| Total current liabilities | 5.4B | 5.5B | 3.9M | 4.2M | 6.9M | 13.5M | 17.2M | 17.9M |
| Long-term debt | 14.6B | 18.5B | — | 0 | 2.5M | 34.5M | 34.4M | 35.2M |
| Total liabilities | 24.7B | 28.6B | 5.5M | 4.7M | 10.1M | 47.9M | 51.7M | 53.1M |
| Shareholders' equity | 10.5B | 13.3B | 1.2M | 13.9M | 73M | 59.8M | 69.5M | 103.8M |
| Total debt | 15.4B | 19.6B | 743K | 0 | 3M | 35.6M | 37.8M | 39.9M |
| Net debt | 15.3B | 19.5B | 741K | -11.5M | -66.7M | -10.2M | -17.4M | -50.6M |
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 | Q3 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 53.4M | 45.8M | 39M | 46.4M | 35M | 55.2M | 48.4M | 54.2M | 73.2M | 90.5M | 62.4M | 74.5M |
| Receivables | 1.9M | 1.3M | 1.4M | 1.7M | 4.6M | 5.6M | 10.4M | 10.8M | 21.9M | 23.7M | 35.3M | 40.6M |
| Inventory | 487K | 730K | 858K | 1.5M | 2.7M | 6.6M | 4M | 4.3M | 4.7M | 6.7M | 8.2M | 11.5M |
| Total current assets | 61.4M | 50.5M | 45.6M | 53M | 44.9M | 68.8M | 66.1M | 71.9M | 106.7M | 126.4M | 114M | 131.6M |
| Property, plant & equipment | 24.3M | 56.9M | 57.6M | 58.2M | 57.8M | 51M | 51M | 49.9M | 48.5M | 29.2M | 16.8M | 17.5M |
| Goodwill & intangibles | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | 86.6M | 107.7M | 104.7M | 112.8M | 104.2M | 121.1M | 118.5M | 123M | 156.5M | 156.9M | 130.8M | 149.2M |
| Accounts payable | 3.6M | 3.3M | 2M | 4.5M | 4.9M | 7.4M | 6.2M | 3.7M | 7.8M | 6.7M | 8.9M | 9.8M |
| Short-term debt | 1.1M | 1.1M | 1.1M | 1.9M | 2.1M | 3.3M | 3.6M | 3.4M | 3.2M | 4.7M | 1.2M | 1.2M |
| Total current liabilities | 13.9M | 13.5M | 9.8M | 12.8M | 13M | 17.2M | 14M | 12.1M | 16.1M | 17.9M | 16M | 18.4M |
| Long-term debt | 6.9M | 34.5M | 35M | 34.8M | 35.2M | 34.4M | 34.1M | 34.3M | 34.5M | 35.2M | 5.4M | 5.2M |
| Total liabilities | 20.9M | 47.9M | 44.8M | 47.6M | 48.2M | 51.7M | 48.1M | 46.4M | 53.3M | 53.1M | 21.4M | 23.5M |
| Shareholders' equity | 65.8M | 59.8M | 59.9M | 65.1M | 56M | 69.5M | 70.4M | 76.7M | 103.2M | 103.8M | 109.4M | 125.6M |
| Total debt | 7.9M | 35.6M | 36.1M | 36.7M | 37.3M | 37.8M | 37.8M | 37.7M | 37.7M | 39.9M | 6.6M | 6.4M |
| Net debt | -45.5M | -10.2M | -3M | -9.7M | 2.2M | -17.4M | -10.7M | -16.5M | -35.5M | -50.6M | -55.8M | -68.1M |
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 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|
| Net income | -7.4M | -9.9M | -17.3M | -36.8M | -44.7M | -44M |
| Depreciation & amortization | 1.2M | 1.4M | 1.5M | 1.8M | 3.8M | 4.4M |
| Stock-based compensation | 82K | 2.5M | 2.7M | 3.9M | 7.3M | 7.4M |
| Change in working capital | 1.7M | -2.5M | -1.8M | -2.7M | -7.9M | -22M |
| Operating cash flow | -4.4M | -7.9M | -12.8M | -29M | -35M | -31.1M |
| Capital expenditure | -527K | -609K | -1.5M | -17.6M | -3.2M | — |
| Investing cash flow | -527K | -609K | -1.5M | -17.6M | -3.2M | — |
| Dividends paid | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — |
| Financing cash flow | 5.6M | 20.1M | 71.1M | 18.9M | 32.7M | 63.7M |
| Net change in cash | 666K | 11.6M | 56.9M | -27.7M | -5.5M | 32.5M |
| Free cash flow | -5.6M | -8.6M | -15.4M | -43.1M | -36.6M | -35.5M |
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 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income | -8.5M | -9.7M | -9.9M | -12.5M | -10.8M | -11.4M | -9.4M | -6.4M | -3.9M | -24.4M | -5M | -3.2M |
| Depreciation & amortization | 462K | 488K | 1M | 1M | 864K | 891K | 943K | 1M | 1.2M | 1.2M | 761K | 751K |
| Stock-based compensation | 1.1M | 1.1M | 1.2M | 1.9M | 1.7M | 2.4M | 1.8M | 1.9M | 1.8M | 1.9M | 2.1M | 2.5M |
| Change in working capital | -327K | -637K | -561K | 117K | -4.5M | -3M | -4.9M | -5.1M | -7.8M | -4.1M | -32M | -7.7M |
| Operating cash flow | -6.3M | -5.9M | -6.9M | -8.1M | -10.2M | -9.8M | -10M | -4.3M | -9.2M | -3.5M | -37.3M | -2.9M |
| Capital expenditure | -8.9M | -5.8M | -3.9M | -1.6M | -1.3M | 3.6M | -913K | — | — | — | — | — |
| Investing cash flow | -8.9M | -5.8M | -3.9M | -1.6M | -1.3M | 3.6M | -913K | — | — | — | — | — |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | 5.9M | 2.7M | 8.1M | 2.7M | -540K | 22.6M | 8.5M | 9.7M | 25.9M | 19.6M | 0 | 0 |
| Net change in cash | -9.3M | -8.9M | -2.7M | -7M | -12.1M | 16.4M | -2.4M | 5.5M | 16.6M | 16.1M | -37.3M | -2.9M |
| Free cash flow | -17.6M | -10.6M | -13.7M | -9.6M | -10.9M | -2.5M | -15M | -5M | -9.7M | -5.9M | -38.3M | -4.7M |
| Dec 30, 2020 | $0.6625 |