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 % |
|---|---|---|---|---|---|---|
| Q3 22 | -$2.1 | -$2.1 | 0.0% | — | — | — |
| Q2 22 | -$1.6 | -$0.39 | +75.6% | — | — | — |
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 | — | -$0.66 | — | — | $145.1M | — |
| FY24 | — | -$10.5 | — | — | $163.9M | — |
| FY23 | — | -$12 | — | — | $143.8M | — |
| FY22 | — | -$0.38 | — | — | $144.2M | — |
| FY21 | — | -$1.99 | — | — | $63.6M | — |
| FY20 | — | -$0.07 | — | — | $17.5M | — |
| FY19 | — | -$0.04 | — | — | $7.7M | — |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|
| Revenue | $7.7M | $17.5M | $63.6M | $144.2M | $143.8M | $163.9M | $145.1M |
| YoY change | — | +128.6% | +263.8% | +126.6% | -0.29% | +14% | -11.5% |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | Q4 21 | Q4 22 | Q1 24 | Q2 24 |
|---|
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|
| Revenue | 7.7M | 17.5M | 63.6M | 144.2M | 143.8M | 163.9M | 145.1M |
| Cost of revenue | 3.5M | 9.4M | 39.3M | 85.6M | 95.5M | 107.9M | 89.6M |
| Gross profit | 4.2M | 8.1M | 24.3M | 58.6M | 48.3M | 56M | 55.5M |
| Gross margin | 54.3% | 46.3% | 38.2% | 40.6% | 33.6% | 34.2% | 38.3% |
| Research & development | — | — | — | — | — | — | — |
| Selling, general & administrative | 6.6M | 13.3M | 51.8M | 138.7M | 110.5M | 94.8M | 68.5M |
| Operating expenses | 8.5M | 15.2M | 62.4M | 174M | 136.1M | 120.7M | 86.8M |
| Operating income | -5.1M | -9.4M | -47.1M | -136.2M | -116.7M | -102.9M | -67.3M |
| Operating margin | -66% | -53.8% | -74.1% | -94.5% | -81.2% | -62.8% | -46.4% |
| Non-operating income, net | -410.6K | -279.1K | -147.2M | 74.6M | 19.8M | -32.9M | -17.9M |
| Pretax income | -5.9M | -10.9M | -200.5M | -67.7M | -112.8M | -158.5M | -103.1M |
| Income tax | 0 | -808.9K | -1.6M | -4.9M | -703K | -6.7M | 87K |
| Net income | -5.9M | -10.1M | -198.9M | -62.8M | -112.1M | -151.8M | -103.2M |
| Net margin | -76.5% | -57.9% | -312.6% | -43.6% | -78% | -92.6% | -71.1% |
| EBITDA | -4.8M | -7.6M | -40M | -117.7M | -87.6M | -65.7M | -34.7M |
| EPS | -0.04 | -0.07 | -1.99 | -0.38 | -12 | -10.5 | -0.66 |
| Diluted EPS | -0.04 | -0.07 | -1.99 | -0.38 | -12 | -10.5 | -0.66 |
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | Q4 21 | Q4 22 | Q1 24 | Q2 24 | Q4 24 | Q1 25 | Q2 25 |
|---|---|---|---|---|---|---|---|
| Revenue | — | — | 50.8M | 48.8M | — | 37.6M | 38.3M |
| Cost of revenue | — | — | 30.7M | 29.8M | — | 23.3M | 23.8M |
| Gross profit | — | — | 20.1M | 19.1M | — | 14.4M | 14.5M |
| Gross margin | — | — | 39.6% | 39.1% | — | 38.1% | 37.8% |
| Research & development | — | — | — | — | — | — | — |
| Selling, general & administrative | — | — | 23.4M | 29M | — | 15M | 21.2M |
| Operating expenses | — | — | 38.5M | 30.4M | — | 25M | 23.5M |
| Operating income | — | — | -28.7M | -22.1M | — | -20.8M | -19.5M |
| Operating margin | — | — | -56.4% | -45.2% | — | -55.3% | -50.8% |
| Non-operating income, net | — | — | -1.3M | -815K | — | 5.8M | 9.2M |
| Pretax income | — | — | -36.5M | -28.6M | — | -18.3M | -15.2M |
| Income tax | — | — | -573.6K | -780K | — | 73K | 903K |
| Net income | — | — | -35.9M | -27.8M | — | -18.4M | -16.1M |
| Net margin | — | — | -70.7% | -56.9% | — | -48.9% | -41.9% |
| EBITDA | — | — | -17.3M | -14.5M | — | -10.4M | -10.1M |
| EPS | — | -0.25 | -2.89 | — | -2.44 | -1.32 | — |
| Diluted EPS | — | -0.25 | -2.89 | — | -2.44 | -1.32 | — |
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 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Shares outstanding | 153.6M | 143.1M | 100.2M | 145.2M | 9.4M | 12.5M | 154.1M | 154.1M |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Gross margin | 54.3% | 46.3% | 38.2% | 40.6% | 33.6% | 34.2% | 38.3% | 38.3% |
| Operating margin | -66% | -53.8% | -74.1% | -94.5% | -81.2% | -62.8% | -46.4% | -46.4% |
| Net margin | -76.5% | -57.9% | -312.6% | -43.6% | -78% | -92.6% | -71.1% | -71.1% |
| ROE | — | -93.2% | -170.7% | -37.1% | -74.8% | -242.6% | 328% | 328% |
| ROA | — | -13.9% | -65.3% | -14.9% | -23.2% | -43% | -43.1% | -43.1% |
| ROIC | — | -25% | -170.6% | -56.4% | -40.4% | -40.9% | -42.9% | -42.9% |
| Return on tangible assets | — | -48.9% | -87.5% | -23.2% | -41.7% | -85% | -74.6% | -74.6% |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Current ratio | — | 1.75 | 1.48 | 1.43 | 1.35 | 0.9 | 0.57 | 0.57 |
| Quick ratio | — | 1.45 | 1.31 | 0.83 | 0.86 | 0.5 | 0.29 | 0.29 |
| Debt / equity | — | 4.3 | 0.54 | 0.95 | 1.64 | 3.75 | -6.29 | -6.29 |
| Debt / assets | — | 0.64 | 0.21 | 0.38 | 0.51 | 0.67 | 0.83 | 0.83 |
| Net debt / EBITDA | — | -3.51 | 2.22 | -0.61 | -1.59 | -2.88 | -5.43 | -5.43 |
| Interest coverage | -22 | -11.2 | -33.4 | -12.6 | -6.45 | -6.25 | -4.78 | -4.78 |
| Effective tax rate | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Revenue per share | 0.05 | 0.12 | 0.63 | 0.99 | 15.3 | 13.1 | 0.94 | 0.94 |
| EPS (basic) | -0.04 | -0.07 | -1.99 | -0.38 | -12 | -10.5 | -0.66 | -0.66 |
| EPS (diluted) | -0.04 | -0.07 | -1.99 | -0.38 | -12 | -10.5 | -0.66 | -0.66 |
| Book value per share | — | 0.08 | 1.16 | 1.16 | 16 | 4.99 | -0.2 | -0.2 |
| FCF per share | -0.08 | -0.19 | -0.89 | -1.39 | -11.6 | -6.94 | -0 | -0 |
| Cash per share | — | 0.14 | 1.52 | 0.61 | 11.4 | 3.66 | 0.06 | 0.06 |
| Capex per share | 0 | 0.03 | 0.09 | 0.26 | 1.3 | — | — | — |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Capex / revenue | 6.69% | 21% | 14.8% | 26.2% | 8.51% | — | — | — |
| Capex / operating cash flow | -5.08% | -27.3% | -6.34% | -42.1% | -39.4% | — | — | — |
| Payout ratio | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Q4 24 |
|---|
| Q1 25 |
|---|
| Q2 25 |
|---|
| Revenue | — | — | $50.8M | $48.8M | — | $37.6M | $38.3M |
| YoY change | — | — | — | — | — | -25.9% | -21.6% |
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 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|
| Cash & short-term investments | 20.1M | 152.1M | 88.7M | 106.9M | 45.9M | 9.4M |
| Receivables | 8M | 20M | 39.8M | 43.3M | 29.2M | 28.4M |
| Inventory | 6.4M | 24.4M | 106.6M | 92.5M | 70.1M | 47.5M |
| Total current assets | 36.9M | 223.6M | 255.6M | 256.9M | 158.4M | 97.4M |
| Property, plant & equipment | 3.7M | 25.4M | 60.4M | 58.9M | 50.5M | 38.3M |
| Goodwill & intangibles | 52M | 77.3M | 151.8M | 214.9M | 174.6M | 101.1M |
| Total assets | 72.8M | 304.5M | 422M | 483.5M | 353.1M | 239.5M |
| Accounts payable | 7.2M | 36.4M | 65.8M | 36.5M | 23.5M | 42.2M |
| Short-term debt | 11.8M | 31.4M | 91.9M | 131.4M | 136.5M | 114.2M |
| Total current liabilities | 21M | 151.4M | 178.8M | 190.8M | 175.8M | 172.1M |
| Long-term debt | 35M | 31.8M | 69M | 114.9M | 98.4M | 83.6M |
| Total liabilities | 61.9M | 188M | 252.8M | 333.7M | 290.5M | 271M |
| Shareholders' equity | 10.9M | 116.5M | 169.2M | 149.8M | 62.6M | -31.5M |
| Total debt | 46.8M | 63.2M | 160.9M | 246.3M | 234.9M | 197.8M |
| Net debt | 26.9M | -38.1M | 77.6M | 145.2M | 214.8M | 193.3M |
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 21 | Q4 22 | Q2 24 | Q4 24 | Q2 25 |
|---|---|---|---|---|---|
| Cash & short-term investments | 171.1M | 88.7M | 65.6M | 45.9M | 32.2M |
| Receivables | 22.5M | 39.8M | 41.9M | 29.2M | 34.8M |
| Inventory | 27.5M | 106.6M | 84.9M | 70.1M | 56.6M |
| Total current assets | 251.5M | 255.6M | 204.7M | 158.4M | 136M |
| Property, plant & equipment | 27M | 60.4M | 55.2M | 50.5M | 43.5M |
| Goodwill & intangibles | 86.9M | 151.8M | 220.9M | 174.6M | 165.1M |
| Total assets | 342.6M | 422M | 429.3M | 353.1M | 316.5M |
| Accounts payable | 40.9M | 65.8M | 30.4M | 23.5M | 33.2M |
| Short-term debt | 35.3M | 91.9M | 130.6M | 136.5M | 106.1M |
| Total current liabilities | 170.4M | 178.8M | 176.7M | 175.8M | 152.6M |
| Long-term debt | 35.7M | 69M | 124.2M | 98.4M | 110.3M |
| Total liabilities | 211.5M | 252.8M | 331.7M | 290.5M | 280.4M |
| Shareholders' equity | 131.1M | 169.2M | 97.6M | 62.6M | 36.1M |
| Total debt | 71.1M | 160.9M | 254.8M | 234.9M | 216.4M |
| Net debt | -42.8M | 77.6M | 195M | 214.8M | 189.1M |
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 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|
| Net income | -5.9M | -10.1M | -198.9M | -62.8M | -112.1M | -151.8M | -103.2M |
| Depreciation & amortization | 727.6K | 2.1M | 7.5M | 18.9M | 28.4M | 37.9M | 34.2M |
| Stock-based compensation | 533.9K | 2.5M | 2.2M | 32.6M | 16.7M | 3.8M | 2.1M |
| Change in working capital | -5.7M | -8.2M | -50.2M | -77.8M | 29.4M | 5.2M | 24.5M |
| Operating cash flow | -10.1M | -13.5M | -149M | -89.8M | -31.1M | -51.5M | 10M |
| Capital expenditure | -511.6K | -3.7M | -9.4M | -37.8M | -12.2M | — | — |
| Investing cash flow | -1.3M | -4.2M | -61.1M | 13.4M | -22M | -4M | 21.5M |
| Dividends paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share repurchases | — | — | — | — | — | — | — |
| Financing cash flow | 16.9M | 42.1M | 223.9M | 116.4M | 160.9M | 24.5M | -17.2M |
| Net change in cash | 5.6M | 24.4M | 13.9M | 40M | 107.9M | -31M | 14.2M |
| Free cash flow | -11.9M | -27M | -88.9M | -201.5M | -108.5M | -87M | -38K |