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 24 | -$0.18 | -$0.12 | +33.3% | — | $18.6M | — |
| Q1 24 | -$0.2 | -$0.32 | -60.0% | — | $17.2M | — |
| Q4 23 | -$0.21 | -$0.36 | -71.4% | — | $18.7M | — |
| Q3 23 | -$0.22 | -$0.29 | -31.8% | — | $23.8M | — |
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 % |
|---|---|---|---|---|---|---|
| FY23 | — | -$1.23 | — | — | $72.7M | — |
| FY22 | — | -$5 | — | — | $59.5M | — |
| FY21 | — | -$1.3 | — | — | $63.1M | — |
| FY20 | — | -$1.79 | — | — | $58.7M | — |
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 |
|---|---|---|---|---|
| Revenue | $58.7M | $63.1M | $59.5M | $72.7M |
| YoY change | — | +7.39% | -5.73% | +22.2% |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | Q1 22 | Q2 22 | Q3 22 | Q4 22 | Q1 23 | Q2 23 | Q3 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue |
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 |
|---|---|---|---|---|
| Revenue | 58.7M | 63.1M | 59.5M | 72.7M |
| Cost of revenue | 7.3M | 6M | 5.6M | 6.8M |
| Gross profit | 51.4M | 57M | 53.9M | 65.9M |
| Gross margin | 87.6% | 90.4% | 90.6% | 90.6% |
| Research & development | 17.5M | 17.8M | 24.7M | 16.1M |
| Selling, general & administrative | 67.4M | 79.8M | 93.3M | 69.7M |
| Operating expenses | 181.5M | 144.6M | 174.6M | 151.2M |
| Operating income | -144.7M | -100.4M | -130.9M | -99.4M |
| Operating margin | -246.5% | -159.1% | -220.2% | -136.8% |
| Non-operating income, net | -20M | -12.8M | 8.4M | -15.8M |
| Pretax income | -166.3M | -120.5M | -136.7M | -114.7M |
| Income tax | -1.3M | -471K | -638K | -789K |
| Net income | -165.1M | -120.1M | -136.1M | -113.9M |
| Net margin | -281.1% | -190.4% | -228.9% | -156.8% |
| EBITDA | -130.6M | -92M | -38.9M | -85.6M |
| EPS | -1.79 | -1.3 | -5 | -1.23 |
| Diluted EPS | -1.79 | -1.3 | -5 | -1.23 |
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | Q1 22 | Q2 22 | Q3 22 | Q4 22 | Q1 23 | Q2 23 | Q3 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 12.5M | 15.8M | 16.7M | 14.4M | 11.5M | 18.6M | 23.8M | 18.7M | 17.2M | 18.6M | 22.4M |
| Cost of revenue | 998K | 1.4M | 1.5M | 1.7M | 1.4M | 1.8M | 2M | 1.7M | 2M | 1.7M | 1.7M |
| Gross profit | 11.5M | 14.4M | 15.3M | 12.7M | 10.1M | 16.9M | 21.8M | 17M | 15.2M | 16.9M | 20.7M |
| Gross margin | 92% | 91.3% | 91.2% | 88% | 88% | 90.5% | 91.8% | 90.9% | 88.6% | 91% | 92.3% |
| Research & development | 4.2M | 4.5M | 4.7M | 11.3M | 3.8M | 4.3M | 4.2M | 3.8M | 4.1M | 4.3M | 3.7M |
| Selling, general & administrative | 20.1M | 23.7M | 17.7M | 31.9M | 18M | 21.9M | 15.8M | 14M | 17.2M | 19.2M | 16.3M |
| Operating expenses | 35.3M | 42.3M | 36.8M | 60.3M | 33.9M | 42.2M | 36.8M | 38.2M | 35.9M | 36.2M | 35.2M |
| Operating income | -26.5M | -30.5M | -23.8M | -50M | -26.3M | -28.7M | -19.1M | -25.4M | -24.6M | -22.1M | -16.5M |
| Operating margin | -212% | -193.4% | -142.4% | -346.7% | -228.3% | -154% | -80.2% | -135.3% | -143.3% | -118.8% | -73.7% |
| Non-operating income, net | 133K | -6.4M | -6.1M | 20.7M | 3.1M | -1.9M | -8.7M | -8.3M | -6.2M | 10.1M | 1M |
| Pretax income | -29M | -39.6M | -32.6M | -35.6M | -23M | -30.5M | -27.6M | -33.7M | -30.9M | -12M | -15.5M |
| Income tax | -224K | -157K | -166K | -91K | -171K | -208K | -244K | -166K | 51K | -12K | 7K |
| Net income | -28.7M | -39.4M | -32.4M | -35.5M | -22.8M | -30.3M | -27.3M | -33.5M | -31M | -12M | -15.5M |
| Net margin | -230.1% | -249.6% | -193.7% | -245.9% | -197.9% | -162.6% | -114.9% | -178.9% | -180.5% | -64.7% | -69.3% |
| EBITDA | -23.8M | -20.9M | -14.8M | -64M | -26.7M | -23.3M | -15M | -21.2M | -20.7M | -19.3M | -14.6M |
| EPS | -0.31 | -0.43 | -0.35 | — | -0.25 | -0.33 | -0.29 | — | -0.32 | -0.12 | -0.15 |
| Diluted EPS | -0.31 | -0.43 | -0.35 | — | -0.25 | -0.33 | -0.29 | — | -0.32 | -0.12 | -0.15 |
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 | Current |
|---|---|---|---|---|---|
| Market cap | — | — | — | — | 19.8K |
| Enterprise value | — | — | — | — | 90.5M |
| Shares outstanding | 92.1M | 92.1M | 27.2M | 92.7M | 92.7M |
| Metric | FY20 | FY21 | FY22 | FY23 | Current |
|---|---|---|---|---|---|
| P/E | — | — | — | — | -0 |
| P/S | — | — | — | — | 0 |
| P/B | — | — | — | — | -0 |
| EV/EBITDA | — | — | — | — | -1.19 |
| EV/Sales | — | — | — | — | 1.18 |
| Earnings yield | — | — | — | — | -1.2M% |
| FCF yield | — | — | — | — | -154.9K% |
| PEG | — | — | — | — | 0 |
| Metric | FY20 | FY21 | FY22 | FY23 | Current |
|---|---|---|---|---|---|
| Gross margin | 87.6% | 90.4% | 90.6% | 90.6% | 92.3% |
| Operating margin | -246.5% | -159.1% | -220.2% | -136.8% | -73.7% |
| Net margin | -281.1% | -190.4% | -228.9% | -156.8% | -119.7% |
| ROE | 59.5% | 29.9% | -195.8% | -3.7K% | -3.7K% |
| ROA | -66.6% | -52.9% | -66.2% | -70.7% | -34.5% |
| ROIC | 49.5% | 29.1% | -150.9% | -146% | -154.4% |
| Return on tangible assets | 212.3% | 212.9% | 6.5K% | 198.8% | 169.5% |
| Metric | FY20 | FY21 | FY22 | FY23 | Current |
|---|---|---|---|---|---|
| Current ratio | 1.32 | 1.58 | 1.31 | 0.27 | 0.59 |
| Quick ratio | 1.32 | 1.58 | 1.31 | 0.27 | 0.59 |
| Debt / equity | -0.13 | -0.3 | 1.17 | 25.8 | -0.04 |
| Debt / assets | 0.14 | 0.53 | 0.4 | 0.5 | 0.79 |
| Net debt / EBITDA | 0.11 | -0.62 | -0.44 | -0.76 | -1.2 |
| Interest coverage | -105.7 | -15.4 | -9.23 | — | — |
| Effective tax rate | 0% | 0% | 0% | 0% | 0% |
| Metric | FY20 | FY21 | FY22 | FY23 | Current |
|---|---|---|---|---|---|
| Revenue per share | 0.64 | 0.68 | 2.18 | 0.78 | 0.79 |
| EPS (basic) | -1.79 | -1.3 | -5 | -1.23 | -1.23 |
| EPS (diluted) | -1.79 | -1.3 | -5 | -1.23 | -0.95 |
| Book value per share | -3.01 | -4.36 | 2.55 | 0.03 | -0.34 |
| FCF per share | -1.63 | -0.9 | -4.99 | -0.66 | -0.59 |
| Cash per share | 0.54 | 0.68 | 2.36 | 0.17 | 0.32 |
| Capex per share | 0 | — | 0 | 0.05 | 0 |
| Metric | FY20 | FY21 | FY22 | FY23 | Current |
|---|---|---|---|---|---|
| Capex / revenue | 0.71% | — | 0% | 6.06% | 0.12% |
| Capex / operating cash flow | -0.27% | — | 0% | -7.85% | -0.14% |
| Payout ratio | — | — | — | — | 0% |
| $12.5M |
| $15.8M |
| $16.7M |
| $14.4M |
| $11.5M |
| $18.6M |
| $23.8M |
| $18.7M |
| $17.2M |
| $18.6M |
| $22.4M |
| YoY change | — | — | — | — | -7.8% | +17.9% | +42.2% | +29.9% | +48.9% | -0.19% | -5.93% |
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 |
|---|---|---|---|---|
| Cash & short-term investments | 49.9M | 62.5M | 64.3M | 15.6M |
| Receivables | 2.8M | 1.9M | 533K | 853K |
| Inventory | — | — | — | — |
| Total current assets | 71.8M | 74.3M | 74.5M | 26.6M |
| Property, plant & equipment | 12.4M | 10.7M | 23.7M | 20.7M |
| Goodwill & intangibles | 325.7M | 283.3M | 207.5M | 218.5M |
| Total assets | 248M | 226.9M | 205.4M | 161.1M |
| Accounts payable | 3.7M | 5.4M | 3.7M | 15.6M |
| Short-term debt | 8.1M | 1.8M | 3.8M | 22.5M |
| Total current liabilities | 54.3M | 46.9M | 56.9M | 99.7M |
| Long-term debt | 27.2M | 117.6M | 77.8M | 58.1M |
| Total liabilities | 525.5M | 628.2M | 135.9M | 158M |
| Shareholders' equity | -277.5M | -401.2M | 69.5M | 3.1M |
| Total debt | 35.3M | 119.4M | 81.6M | 80.6M |
| Net debt | -14.6M | 56.9M | 17.3M | 65M |
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 | Q2 22 | Q4 22 | Q1 23 | Q2 23 | Q3 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 |
|---|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 52.7M | 64.3M | 40.9M | 24.7M | — | 15.6M | 24.5M | 30.9M | 30.8M |
| Receivables | 1.8M | 533K | 197K | 388K | — | 853K | 768K | 731K | 728K |
| Inventory | — | — | — | — | — | — | — | — | — |
| Total current assets | 64.8M | 74.5M | 51.7M | 36.9M | — | 26.6M | 33M | 38.3M | 39.3M |
| Property, plant & equipment | 24.5M | 23.7M | 23.3M | 22.5M | — | 20.7M | 19.7M | 2.9M | 2.8M |
| Goodwill & intangibles | 252.5M | 207.5M | 208.6M | 224.6M | 15.6M | 218.5M | 208.9M | 203.1M | 207.6M |
| Total assets | 217.1M | 205.4M | 182.9M | 175.5M | — | 161.1M | 164M | 149.7M | 153.3M |
| Accounts payable | 6M | 3.7M | 3.8M | 7.5M | — | 15.6M | 10.8M | 7.4M | 6.4M |
| Short-term debt | 8.2M | 3.8M | 3.5M | 3.9M | — | 22.5M | 4.2M | 2.9M | 1.9M |
| Total current liabilities | 65.6M | 56.9M | 56.3M | 75.6M | — | 99.7M | 76.3M | 75.3M | 66.9M |
| Long-term debt | 155.1M | 77.8M | 74.1M | 75.5M | — | 58.1M | 114.6M | 108M | 119.6M |
| Total liabilities | 689.6M | 135.9M | 131.4M | 151.8M | — | 158M | 191.2M | 183.6M | 186.8M |
| Shareholders' equity | -472.5M | 69.5M | 51.5M | 23.7M | — | 3.1M | -27.2M | -33.9M | -33.5M |
| Total debt | 163.3M | 81.6M | 77.6M | 79.3M | — | 80.6M | 118.8M | 110.9M | 121.6M |
| Net debt | 110.5M | 17.3M | 36.6M | 54.7M | — | 65M | 94.2M | 80M | 90.8M |
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 | FY20 | FY21 | FY22 | FY23 |
|---|---|---|---|---|
| Net income | -165.1M | -120.1M | -136.1M | -113.9M |
| Depreciation & amortization | 14.7M | 12M | 10.1M | 14.1M |
| Stock-based compensation | 2.6M | 11.5M | 9.1M | 12.6M |
| Change in working capital | -24.3M | -5.9M | -16.5M | 698K |
| Operating cash flow | -152.1M | -81M | -132.5M | -56.1M |
| Capital expenditure | 416K | — | 0 | -4.4M |
| Investing cash flow | 416K | — | 0 | -12.2M |
| Dividends paid | — | — | — | — |
| Share repurchases | -53K | 0 | -5.3M | 0 |
| Financing cash flow | 137.1M | 81.8M | 138M | 16.6M |
| Net change in cash | -14.6M | 779K | 5.5M | -51.8M |
| Free cash flow | -150.3M | -82.6M | -135.9M | -61.3M |
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 | Q1 22 | Q2 22 | Q3 22 | Q4 22 | Q1 23 | Q2 23 | Q3 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income | -28.7M | -39.4M | -32.4M | -35.5M | -22.8M | -30.3M | — | -33.5M | -31M | -12M | -15.5M |
| Depreciation & amortization | 2.7M | 2.6M | 2.3M | 2.5M | 2.5M | 3.3M | — | 4.2M | 3.9M | 2.8M | 1.9M |
| Stock-based compensation | 1.9M | 1.8M | 1.3M | 4.2M | 3.6M | 2.8M | — | 2.6M | 3.3M | 4.1M | 3.6M |
| Change in working capital | -3.7M | -738K | 76K | -12.2M | -2.6M | 2.3M | -219K | 371K | -7.8M | -5.2M | -3.7M |
| Operating cash flow | -26.6M | -37.8M | -30.4M | -93.5M | -22M | -19.3M | -219K | -17M | -13.8M | -18.6M | -14.3M |
| Capital expenditure | -1.1M | 54K | -515K | -650K | -387K | -85K | — | -8K | -21K | -11K | -52K |
| Investing cash flow | -1.1M | 54K | -515K | -650K | -387K | -85K | — | -8K | -21K | -11K | -52K |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | -84K | -80K | 2M | 96.1M | -363K | -287K | — | 2.8M | 21.2M | 19.9M | 19.9M |
| Net change in cash | -27.9M | -37.8M | -29M | 1.9M | -22.7M | -19.7M | -219K | -14.2M | 7.3M | 1.3M | 5.5M |
| Free cash flow | -21.5M | -16.2M | -27.1M | -71.1M | -23.2M | -8.1M | — | -13.3M | -12M | -13.4M | -20.4M |