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 | — | -$0.07 | — | — | — | — |
| Q3 19 | — | -$0.01 | — | — | — | — |
| Q2 19 | — | -$0.9 | — | — | — | — |
| Q1 19 | — | -$20 | — | — | — | — |
| Q4 18 | — | $0.45 | — | — | — | — |
| Q3 18 | -$24.8 | -$80 | -223.2% | — | $17.6M | — |
| Q2 18 | -$37.5 | -$65 | -73.3% | — | $23M | — |
| Q1 18 | -$23.3 | -$160 | -585.8% | — | $16.7M | — |
| Q3 17 | -$40 | -$35 | +12.5% | — | $27.2M | — |
| Q2 17 | -$88.3 | -$145 | -64.2% | — | $15.2M | — |
| Q1 17 | — | -$505 | — | — | $10.5M | — |
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 | — | — | — | — | $154.3M | — |
| FY24 | — | -$4.49 | — | — | $231.4M | — |
| FY23 | — | -$4.04 | — | — | $92.4M | — |
| FY22 | — | -$443.5 | — | — | $260M | — |
| FY21 |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $57M | $92.8M | $75.5M | $11.6M | $0 | $290.8M | $260M | $92.4M | $231.4M | $154.3M |
| YoY change | -10.2% | +62.8% | -18.7% | -84.7% | -100% | +InfinityT% | -10.6% | -64.5% | +150.4% | -33.3% |
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 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 57M | 92.8M | 75.5M | 11.6M | 0 | 290.8M | 260M | 92.4M | 231.4M | 154.3M |
| Cost of revenue | 15M | 18.7M | 19.2M | 9.5M | 0 | 277.9M | 270.6M | 78.2M | 224.4M | 152M |
| Gross profit | 42M | 74.1M | 56.3M | 2.1M | 0 | 12.9M | -10.6M | 14.2M | 7M | 2.3M |
| Gross margin | 73.7% | 79.8% | 74.6% | 18.3% | — | 4.44% | -4.07% | 15.3% | 3.04% | 1.46% |
| Research & development | 8.6M | 11.6M | 16M | 4.6M | — | — | — | — | — | — |
| Selling, general & administrative | 66.7M | 99.5M | 107M | 365K | 1.9M | 56M | 204M | 19M | 28.6M | 100.9M |
| Operating expenses | 74.8M | 111.1M | 122.3M | 4.4M | 1.9M | 56M | 204M | 19M | 28.6M | 100.9M |
| Operating income | -32.8M | -37M | -66M | 1.8M | -1.9M | -43.1M | -214.5M | -4.8M | -21.6M | -98.6M |
| Operating margin | -57.6% | -39.9% | -87.4% | 15.1% | — | -14.8% | -82.5% | -5.21% | -9.34% | -63.9% |
| Non-operating income, net | -598K | 477K | 180K | 41K | -5.6M | -9.4M | -15.6M | -978K | 5.6M | 1.3M |
| Pretax income | -33.4M | -36.5M | -65.5M | 1.8M | -7.5M | -52.4M | -229.7M | -5.8M | -16M | -97.3M |
| Income tax | 3K | 113K | 1.1M | 324K | 0 | 3K | 536K | 631K | 242K | -1K |
| Net income | -33.4M | -36.6M | -66.5M | 1.5M | 4.4M | -49.1M | -230.5M | -6.4M | -16.2M | -97.3M |
| Net margin | -58.6% | -39.5% | -88.2% | 12.7% | — | -16.9% | -88.6% | -6.95% | -7.01% | -63.1% |
| EBITDA | -30.9M | -34.7M | -64.2M | 1.8M | 3.8M | -38.2M | -205.9M | 963K | -10.3M | -89.9M |
| EPS | -526.3 | -1.2K | -510 | 12.4 | 6.75 | -3.77 | -443.5 | -4.04 | -4.49 | — |
| Diluted EPS | -526.3 | -1.2K | -510 | 12.4 | 4.5 | -3.77 | -443.5 | -4.04 | -4.49 | — |
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | Q3 16 | Q4 16 | Q1 17 | Q2 17 | Q3 17 | Q4 17 | Q1 18 | Q2 18 | Q3 18 | Q4 18 | Q3 19 | Q4 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 16.8M | 12.4M | 10.5M | 15.2M | 27.2M | 40M | 16.7M | 23M | 17.6M | 18.2M | 8.5M | 14.5M |
| Cost of revenue | 3.1M | 4.1M | 3.3M | 3.5M | 3.4M | 8.5M | 12.2M | 2.9M | 2.2M | 1.9M | 5M | 656K |
| Gross profit | 13.7M | 8.3M | 7.1M | 11.7M | 23.7M | 31.5M | 4.4M | 20.1M | 15.4M | 16.4M | 3.5M | 13.8M |
| Gross margin | 81.3% | 67.2% | 68.3% | 77.1% | 87.4% | 78.8% | 26.6% | 87.6% | 87.5% | 89.7% | 41.4% | 95.5% |
| Research & development | — | — | 2.3M | 2.5M | 2.3M | 4.5M | 4.2M | 4.2M | 4.6M | 3M | 934K | 264K |
| Selling, general & administrative | 18M | 21.7M | 19.7M | 22.8M | 25.9M | 31.1M | 30.4M | 26.5M | 22.6M | 27.5M | 4.8M | 18.2M |
| Operating expenses | 18M | 21.1M | 22M | 25.3M | 30.5M | 35.6M | 34.6M | 35M | 31.7M | 32.3M | 6.6M | 18.5M |
| Operating income | -4.3M | -12.8M | -14.8M | -13.6M | -4.5M | -4.1M | -30.1M | -10.6M | -11.8M | -13.4M | -2.2M | -4.1M |
| Operating margin | -25.6% | -103.8% | -141.8% | -90% | -16.4% | -10.3% | -180.7% | -46.3% | -67.2% | -73.5% | -25.6% | -28.4% |
| Non-operating income, net | 360K | -452K | -23K | 149K | 135K | 247K | 291K | 116K | 816K | -1M | -39K | 20.9M |
| Pretax income | -3.9M | -13.3M | -14.9M | -13.5M | -4.3M | -3.9M | -29.8M | -10.5M | -11M | -14.1M | -2.2M | 16.4M |
| Income tax | 0 | 3K | 0 | 28K | 41K | 44K | 345K | 34K | 36K | 657K | 41K | 3.4M |
| Net income | -3.9M | -13.3M | -14.9M | -13.5M | -4.4M | -3.9M | -30.2M | -10.6M | -11M | -14.8M | -2.3M | 12.9M |
| Net margin | -23.4% | -107.3% | -142.1% | -89.2% | -16% | -9.81% | -181% | -46% | -62.8% | -80.9% | -26.5% | 89.4% |
| EBITDA | -4.3M | -13.4M | -14.8M | -13.6M | -4.5M | -4.1M | -30.1M | -10.6M | -11.8M | -13.4M | -2.2M | 16.7M |
| EPS | -81.5 | — | -151.5 | -965 | -35 | -30 | -230 | -80 | -85 | — | — | — |
| Diluted EPS | -81.5 | — | -151.5 | -965 | -35 | -30 | -230 | -80 | -85 | — | — | — |
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 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market cap | — | — | — | 328.4M | — | — | — | — | — | — | 6.5M |
| Enterprise value | — | — | — | 313.5M | — | — | — | — | — | — | 337.2K |
| Shares outstanding | 76.7K | 98.1K | 130.4K | 118.6K | 652K | 15.6M | 517.6K | 906.4K | 3M | — | — |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | 223.4 | — | — | — | — | — | — | 0.52 |
| P/S | — | — | — | 28.4 | — | — | — | — | — | — | 0.05 |
| P/B | — | — | — | 64.7 | — | — | — | — | — | — | 0.01 |
| EV/EBITDA | — | — | — | 178.6 | — | — | — | — | — | — | -0 |
| EV/Sales | — | — | — | 27.1 | — | — | — | — | — | — | 0 |
| Earnings yield | — | — | — | 0.45% | — | — | — | — | — | — | 191.1% |
| FCF yield | — | — | — | 0.01% | — | — | — | — | — | — | -4.3K% |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross margin | 73.7% | 79.8% | 74.6% | 18.3% | — | 4.44% | -4.07% | 15.3% | 3.04% | 1.46% | 95.5% |
| Operating margin | -57.6% | -39.9% | -87.4% | 15.1% | — | -14.8% | -82.5% | -5.21% | -9.34% | -63.9% | -129.2% |
| Net margin | -58.6% | -39.5% | -88.2% | 12.7% | — | -16.9% | -88.6% | -6.95% | -7.01% | -63.1% | -63.1% |
| ROE | 119.5% | -62.1% | -7.3K% | 29% | 7.31% | -7.74% | -56.4% | -1.52% | -3.72% | -23% | -22.7% |
| ROA | -57.1% | -26.6% | -69.2% | 2.13% | 6.31% | -7.05% | -50.7% | -1.33% | -3.36% | -20.9% | -13% |
| ROIC | 69.9% | 103.4% | 226.6% | -14.7% | -3.15% | -14% | -142.8% | -3.36% | -10.9% | -23.6% | 322.6% |
| Return on tangible assets | -57.1% | -26.6% | -69.2% | 2.13% | 6.33% | -7.06% | -50.7% | -1.33% | -3.36% | -20.9% | -21.9% |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current ratio | 0.87 | 1.71 | 0.99 | 1.05 | 9.59 | 11.1 | 9.68 | 7.4 | 9.97 | 11 | 11.1 |
| Quick ratio | 0.87 | 1.71 | 0.99 | 1.05 | 9.59 | 10.1 | 8.66 | 6.87 | 9.26 | 10.5 | 1.05 |
| Debt / equity | — | — | 3.27 | 0.11 | 0.06 | 0 | 0 | 0 | — | — | 0 |
| Debt / assets | — | — | 0.03 | 0.01 | 0.05 | 0 | 0 | 0 | — | — | 0.01 |
| Net debt / EBITDA | — | — | 0.47 | -8.46 | -0.04 | 8.54 | 1.26 | -289.8 | — | — | 1.39 |
| Interest coverage | — | — | — | 4.12 | — | — | — | — | — | — | — |
| Effective tax rate | 0% | 0% | 0% | 18.1% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue per share | 742.7 | 945.7 | 578.6 | 97.6 | 0 | 18.6 | 502.3 | 102 | 76.3 | — | 9.54 |
| EPS (basic) | -526.3 | -1.2K | -510 | 12.4 | 6.75 | -3.77 | -443.5 | -4.04 | -4.49 | — | — |
| EPS (diluted) | -526.3 | -1.2K | -510 | 12.4 | 4.5 | -3.77 | -443.5 | -4.04 | -4.49 | — | -6.02 |
| Book value per share | -363.9 | 601.8 | 7.03 | 42.8 | 92.4 | 40.6 | 789.7 | 466 | 143.6 | — | 26.3 |
| FCF per share | -378.4 | -60 | -297 | 0.37 | -66.8 | -16.1 | -171.8 | 10.7 | -24 | — | -17.4 |
| Cash per share | 247.4 | 967.1 | 253.3 | 130 | 5.71 | 21 | 501.3 | 308.3 | 78.3 | — | 0.34 |
| Capex per share | 40.2 | 22.3 | 16.1 | 0 | 0 | 2.05 | 31 | — | — | — | — |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Capex / revenue | 5.42% | 2.36% | 2.78% | 0% | — | 11% | 6.16% | — | — | — | — |
| Capex / operating cash flow | -11.7% | -8.49% | -2.7% | 0% | 0% | -10.7% | -5.33% | — | — | — | — |
| Payout ratio | — | — | — | — | — | — | — | — | — | — | 0% |
| — |
| -$3.77 |
| — |
| — |
| $290.8M |
| — |
| FY20 | — | $6.75 | — | — | $0 | — |
| FY19 | — | $12.4 | — | — | $11.6M | — |
| FY18 | — | -$510 | — | — | $75.5M | — |
| FY17 | — | -$1.2K | — | — | $92.8M | — |
| FY16 | — | -$526.3 | — | — | $57M | — |
| Period | Q3 16 | Q4 16 | Q1 17 | Q2 17 | Q3 17 | Q4 17 | Q1 18 | Q2 18 | Q3 18 | Q4 18 | Q3 19 | Q4 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $16.8M | $12.4M | $10.5M | $15.2M | $27.2M | $40M | $16.7M | $23M | $17.6M | $18.2M | $8.5M | $14.5M |
| YoY change | — | — | -24.5% | +8.46% | +61.9% | +223% | +59.5% | +51.5% | -35.4% | -54.3% | -51.5% | -20.6% |
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 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 19M | 94.9M | 33M | 15.4M | 3.7M | 327.1M | 259.5M | 279.5M | 237.7M | 5.4M |
| Receivables | 524K | 354K | 2.7M | 108K | 10.2M | 19.8M | 2.4M | 809K | 2.6M | 3.2M |
| Inventory | — | — | — | — | 0 | 60.6M | 46.3M | 32.9M | 33M | 24M |
| Total current assets | 38.2M | 119.2M | 88.8M | 65.5M | 65M | 663.5M | 441.2M | 455.4M | 465.1M | 463.4M |
| Property, plant & equipment | 5.3M | 5.8M | 5.6M | 3.4M | 4.7M | 29.6M | 13.5M | 28.4M | 17.1M | 1.6M |
| Goodwill & intangibles | — | — | 0 | 0 | 144K | 144K | 144K | 144K | 144K | 144K |
| Total assets | 58.5M | 137.5M | 96.1M | 69.2M | 69.8M | 695.3M | 454.7M | 483.9M | 482.4M | 465.1M |
| Accounts payable | 19.5M | 10.3M | 9.2M | 13M | 1.1M | 11.4M | 12.8M | 36.7M | 12.5M | 19.3M |
| Short-term debt | — | — | — | — | 834K | 894K | 544K | 377K | — | — |
| Total current liabilities | 43.8M | 69.9M | 89.6M | 62.3M | 6.8M | 59.8M | 45.6M | 61.5M | 46.7M | 41.9M |
| Long-term debt | — | — | 3M | 580K | 2.7M | 0 | 377K | 0 | — | — |
| Total liabilities | 86.4M | 78.5M | 95.2M | 64.1M | 9.5M | 61.7M | 46M | 61.5M | 46.7M | 41.9M |
| Shareholders' equity | -27.9M | 59M | 917K | 5.1M | 60.2M | 633.6M | 408.8M | 422.4M | 435.7M | 423.1M |
| Total debt | — | — | 3M | 580K | 3.6M | 894K | 921K | 377K | — | — |
| Net debt | — | — | -30M | -14.8M | -139K | -326.2M | -258.6M | -278.8M | — | — |
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 16 | Q1 17 | Q2 17 | Q3 17 | Q4 17 | Q1 18 | Q2 18 | Q3 18 | Q4 18 | Q3 19 | Q4 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 19M | 24.5M | 74.5M | 81.4M | 94.9M | 71.7M | 58.8M | 40M | 33M | 15.5M | 15.4M |
| Receivables | 524K | 15.5M | 15.1M | 12.9M | 354K | 16.8M | 21M | 21.7M | 2.7M | 23.6M | 108K |
| Inventory | — | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 38.2M | 53.5M | 112.6M | 114.4M | 119.2M | 109M | 98.3M | 86M | 88.8M | 68.4M | 65.5M |
| Property, plant & equipment | 5.3M | 5M | 5.1M | 5.4M | 5.8M | 6M | 5.6M | 5.1M | 5.6M | 3.5M | 3.4M |
| Goodwill & intangibles | — | — | — | — | — | — | — | — | 0 | — | 0 |
| Total assets | 58.5M | 64.1M | 117.7M | 119.8M | 137.5M | 115M | 103.8M | 91.1M | 96.1M | 71.9M | 69.2M |
| Accounts payable | 19.5M | 17.2M | 16.1M | 17.5M | 10.3M | — | — | — | 9.2M | — | 13M |
| Short-term debt | — | — | — | — | — | — | — | — | — | — | — |
| Total current liabilities | 43.8M | 44.4M | 50.4M | 56.2M | 69.9M | 68.8M | 70.5M | 71.8M | 89.6M | 91.2M | 62.3M |
| Long-term debt | — | — | 0 | — | — | — | — | — | 3M | — | 580K |
| Total liabilities | 86.4M | 87.6M | 51.5M | 57.4M | 78.5M | 79.7M | 78.7M | 76.4M | 95.2M | 92.2M | 64.1M |
| Shareholders' equity | -27.9M | -23.5M | 66.1M | 62.3M | 59M | 35.3M | 25.1M | 14.7M | 917K | -20.3M | 5.1M |
| Total debt | — | — | 0 | — | — | — | — | — | 3M | — | 580K |
| Net debt | — | — | -74.5M | — | — | — | — | — | -30M | — | -14.8M |
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 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net income | -33.4M | -36.6M | -66.5M | 1.5M | -7.5M | -52.6M | -228.9M | -3.7M | -13.6M | -97.3M |
| Depreciation & amortization | 1.4M | 2.3M | 2.1M | 2K | 0 | 4.8M | 8.7M | 5.8M | 11.3M | 8.7M |
| Stock-based compensation | 1M | 2.5M | 2.4M | 0 | 506K | 33.5M | 14.7M | 7.3M | 7.7M | 7.2M |
| Change in working capital | 3.9M | 6M | -15.7M | 572K | 3.2M | -283.9M | -95.5M | 3M | -90.5M | -225.4M |
| Operating cash flow | -26.4M | -25.8M | -77.8M | 2M | 1.9M | -298M | -301M | 9.7M | -72.9M | -246.5M |
| Capital expenditure | -3.1M | -2.2M | -2.1M | 0 | 0 | -31.9M | -16M | — | — | — |
| Investing cash flow | -3.1M | -2.2M | -2.8M | -2.1M | 3.5M | -31.9M | -16M | — | — | — |
| Dividends paid | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | 24M | 85.1M | 0 | 0 | 43.6M | 584.1M | 34.7M | 17.6M | 24.6M | 15.8M |
| Net change in cash | -5.5M | 57.1M | -80.5M | -34K | 48.9M | 254.2M | -282.3M | 27.3M | -48.4M | -230.7M |
| Free cash flow | -29M | -5.9M | -38.7M | 44K | -43.6M | -250.5M | -88.9M | 9.7M | -72.9M | -246.5M |
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 16 | Q4 16 | Q1 17 | Q2 17 | Q3 17 | Q4 17 | Q1 18 | Q2 18 | Q3 18 | Q4 18 | Q3 19 | Q4 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation & amortization | — | — | — | — | — | — | — | — | — | — | — | — |
| Stock-based compensation | — | — | — | — | — | — | — | — | — | — | — | — |
| Change in working capital | — | — | — | — | — | — | — | — | — | — | — | — |
| Operating cash flow | — | — | — | — | — | — | — | — | — | — | — | — |
| Capital expenditure | — | — | — | — | — | — | — | — | — | — | — | — |
| Investing cash flow | — | — | -139K | -350K | -751K | -950K | -332K | -333K | -12.1M | — | -24.1M | — |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | — | — | 18M | 67.3M | — | -601K | — | — | 7.7M | — | — | — |
| Net change in cash | — | — | 17.8M | 66.9M | -751K | -1.6M | -332K | -333K | -4.4M | — | -24.1M | — |
| Free cash flow | 326K | -11.8M | -12.4M | -16.2M | 7.1M | 15.8M | -22.9M | -12.3M | -15.1M | 23.5M | -2.5M | 4.8M |