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 25 | -$2 | -$1.36 | +32.0% | — | $746.9K | — |
| Q2 25 | -$1.2 | -$1.74 | -45.0% | — | $4.6M | — |
| Q1 25 | -$1.6 | -$1.93 | -20.6% | — | $4.8M | — |
| Q3 24 | -$2 | -$2.5 | -25.0% | — | $736.4K | — |
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 | — | -$5.31 | — | — | $18.8M | — |
| FY24 | — | -$11.4 | — | — | $2.7M | — |
| FY23 | — | -$0.39 | — | — | $16.4M | — |
| FY22 | — | -$0.39 | — | — | $3.6M | — |
| FY21 | — | -$0.03 | — | — | $3M | — |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | $3M | $3.6M | $16.4M | $2.7M | $18.8M |
| YoY change | — | +20.7% | +356.4% | -83.6% | +599.6% |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 |
|---|
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | 3M | 3.6M | 16.4M | 2.7M | 18.8M |
| Cost of revenue | 1.2M | 2.4M | 16.3M | 2.4M | 17.5M |
| Gross profit | 1.7M | 1.2M | 172.1K | 252.2K | 1.3M |
| Gross margin | 58.3% | 34.5% | 1.05% | 9.38% | 7.13% |
| Research & development | — | — | — | — | — |
| Selling, general & administrative | 1.9M | 3.7M | 3.1M | 3.2M | 3.2M |
| Operating expenses | 1.9M | 3.7M | 2.5M | 3.1M | 3.1M |
| Operating income | -235.7K | -2.7M | -2.8M | -3.7M | -2.6M |
| Operating margin | -7.9% | -75.4% | -17.1% | -138.8% | -13.9% |
| Non-operating income, net | -2.2K | -61.2K | 53.8K | -277.9K | -529.9K |
| Pretax income | -261.8K | -2.8M | -2.8M | -4.1M | -3.6M |
| Income tax | -27.1K | 0 | 0 | — | — |
| Net income | -234.7K | -2.8M | -2.8M | -4.1M | -3.6M |
| Net margin | -7.87% | -78% | -17.1% | -152.6% | -19.3% |
| EBITDA | -180.2K | -2.5M | -2.4M | -3M | -1.8M |
| EPS | -0.03 | -0.39 | -0.39 | -11.4 | -5.31 |
| Diluted EPS | -0.03 | -0.39 | -0.39 | -11.4 | -5.31 |
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 | Q3 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 564.3K | 4.2M | 784.9K | 736.4K | 717.6K | 4.8M | 4.6M | 746.9K | 16.6M | 4.4M | 3.9M | 3.8M |
| Cost of revenue | 502.8K | 4.2M | 541.1K | 593.2K | 611K | 4.4M | 4.2M | 394.6K | 16.2M | 3.9M | 3.1M | 3.1M |
| Gross profit | 61.6K | -74.9K | 243.8K | 143.2K | 106.6K | 329.7K | 351.9K | 352.3K | 306.1K | 559.3K | 740.5K | 630.3K |
| Gross margin | 10.9% | -1.8% | 31.1% | 19.5% | 14.9% | 6.93% | 7.71% | 47.2% | 1.85% | 12.6% | 19.1% | 16.8% |
| Research & development | — | — | — | — | — | — | — | — | — | — | — | — |
| Selling, general & administrative | 651.9K | 693.6K | 742.8K | 757.1K | 1M | 690.4K | 630K | 820.3K | 1M | 519.2K | 1.1M | 845K |
| Operating expenses | 575.6K | 642.6K | 713.7K | 778.8K | 1.1M | 663.2K | 608.7K | 798.2K | 1M | 492.3K | 18M | 817.5K |
| Operating income | -652.6K | -854.9K | -630.9K | -855.8K | -1.3M | -519K | -498.9K | -665.3K | -924.8K | -155.7K | -17.5M | -442.2K |
| Operating margin | -115.6% | -20.5% | -80.4% | -116.2% | -184.4% | -10.9% | -10.9% | -89.1% | -5.59% | -3.51% | -450% | -11.8% |
| Non-operating income, net | — | -21.4K | 1.9K | 47.5K | -349.1K | 36.6K | 3.5K | 303.5K | -869.7K | -6M | 932K | 26M |
| Pretax income | -597.1K | -897.8K | -657.5K | -848.6K | -1.7M | -656.9K | -595.4K | -557.7K | -1.8M | -6.4M | -19.5M | 25.3M |
| Income tax | — | 0 | — | — | — | — | 0 | 0 | — | — | 0 | 0 |
| Net income | -597.1K | -897.8K | -657.5K | -848.6K | -1.7M | -656.9K | -595.4K | -557.7K | -1.8M | -6.4M | -19.5M | 25.3M |
| Net margin | -105.8% | -21.5% | -83.8% | -115.2% | -240.1% | -13.8% | -13% | -74.7% | -11% | -144.8% | -502.7% | 673% |
| EBITDA | -460.2K | -717.5K | -453.1K | -617.3K | -1.2M | -333.5K | -254.8K | -610.7K | -639.5K | 67.1K | -19.8M | 25.8M |
| EPS | — | -0.14 | -0.1 | -0.12 | — | -2.6 | -1.8 | -1 | — | -4.79 | -1.21 | 0.99 |
| Diluted EPS | — | -0.14 | -0.1 | -0.12 | — | -2.6 | -1.8 | -1 | — | -4.79 | -1.21 | 0.99 |
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 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|
| Market cap | — | — | — | — | — | 24.5M |
| Enterprise value | — | — | — | — | — | 42.2M |
| Shares outstanding | 7.2M | 7.2M | 7.2M | 357.3K | 665.8K | 665.8K |
| Metric | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | -0.19 |
| P/S | — | — | — | — | — | 8.82 |
| P/B | — | — | — | — | — | 0.48 |
| EV/EBITDA | — | — | — | — | — | -15.4 |
| EV/Sales | — | — | — | — | — | 15.2 |
| Earnings yield | — | — | — | — | — | -531% |
| FCF yield | — | — | — | — | — | -83% |
| PEG | — | — | — | — | — | 0 |
| Metric | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|
| Gross margin | 58.3% | 34.5% | 1.05% | 9.38% | 7.13% | 16.8% |
| Operating margin | -7.9% | -75.4% | -17.1% | -138.8% | -13.9% | -139.6% |
| Net margin | -7.87% | -78% | -17.1% | -152.6% | -19.3% | -114.1% |
| ROE | -3.39% | -60.7% | -157.3% | -304.1% | -401.3% | -12.1% |
| ROA | -3.1% | -43.7% | -60.7% | -100.1% | -67.2% | -4.33% |
| ROIC | -138.5% | -155.2% | -107.8% | — | — | — |
| Return on tangible assets | -3.1% | -56% | -235.8% | 1.3K% | -854.8% | -3.53% |
| Metric | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|
| Current ratio | 16.1 | 5.73 | 1.45 | 0.64 | 0.77 | 1 |
| Quick ratio | 16.1 | 5.73 | 1.45 | 0.64 | 0.77 | 1 |
| Debt / equity | 0.04 | 0.22 | 0.86 | 0.72 | 1.47 | 0.43 |
| Debt / assets | 0.03 | 0.16 | 0.33 | 0.24 | 0.25 | 0.29 |
| Net debt / EBITDA | 37.5 | 1.17 | -0.35 | -0.13 | 0.43 | 3.12 |
| Interest coverage | -9.04 | -28.8 | -48.9 | -42.9 | -9.83 | -1.26 |
| Effective tax rate | 0% | 0% | 0% | — | — | — |
| Metric | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|
| Revenue per share | 0.42 | 0.5 | 2.29 | 7.53 | 28.3 | 0.25 |
| EPS (basic) | -0.03 | -0.39 | -0.39 | -11.4 | -5.31 | -5.31 |
| EPS (diluted) | -0.03 | -0.39 | -0.39 | -11.4 | -5.31 | -1.9 |
| Book value per share | 0.96 | 0.64 | 0.25 | 3.78 | 1.36 | 2.02 |
| FCF per share | 0.08 | -0.4 | -0.48 | -7.91 | -2.84 | -0.8 |
| Cash per share | 0.98 | 0.54 | 0.1 | 1.62 | 3.18 | 0.2 |
| Capex per share | 0.01 | 0.03 | 0.01 | 0.01 | — | — |
| Metric | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|
| Capex / revenue | 2.07% | 6.92% | 0.38% | 0.19% | — | — |
| Capex / operating cash flow | 10.6% | -16.6% | -2.78% | -0.2% | — | — |
| Payout ratio | — | — | — | — | — | 0% |
| Q1 26 |
|---|
| Q2 26 |
|---|
| Q3 26 |
|---|
| Revenue | $564.3K | $4.2M | $784.9K | $736.4K | $717.6K | $4.8M | $4.6M | $746.9K | $16.6M | $4.4M | $3.9M | $3.8M |
| YoY change | -31.7% | -8.29% | +59% | +22.1% | +27.2% | +14.1% | +481.6% | +1.42% | +2.2K% | -6.62% | -15% | +402.3% |
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 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Cash & short-term investments | 7M | 3.9M | 720.4K | 580.4K | 2.1M |
| Receivables | 835 | 33.1K | 759K | 155.2K | 138.3K |
| Inventory | — | — | — | — | — |
| Total current assets | 7.2M | 4.5M | 1.7M | 893.5K | 2.3M |
| Property, plant & equipment | 383.4K | 1.5M | 1.6M | -153.7K | -374.4K |
| Goodwill & intangibles | 0 | 1.4M | 3.4M | 4.4M | 5M |
| Total assets | 7.6M | 6.4M | 4.6M | 4.1M | 5.4M |
| Accounts payable | — | — | — | — | — |
| Short-term debt | 50.4K | 2K | 568.5K | 161.5K | 768K |
| Total current liabilities | 449.8K | 782.1K | 1.2M | 1.4M | 3M |
| Long-term debt | 212.8K | 1M | 969.6K | 815.6K | 561.1K |
| Total liabilities | 662.6K | 1.8M | 2.8M | 2.7M | 4.5M |
| Shareholders' equity | 6.9M | 4.6M | 1.8M | 1.3M | 906.7K |
| Total debt | 263.2K | 1M | 1.5M | 977.1K | 1.3M |
| Net debt | -6.7M | -2.9M | 817.7K | 396.8K | -788.3K |
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 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 | Q3 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 720.4K | 2.3M | 1.3M | 748.8K | 580.4K | 619.6K | 493.6K | 1.1M | 2.1M | 1.5M | 17.7M | 5.1M |
| Receivables | 759K | 871.3K | 690.4K | 151.3K | 155.2K | 182.5K | 177.8K | 180.5K | 138.3K | 143.7K | 5.2M | 12.5M |
| Inventory | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 1.7M | 3.4M | 2.4M | 1.1M | 893.5K | 957.1K | 870.9K | 1.4M | 2.3M | 1.8M | 23.4M | 23.5M |
| Property, plant & equipment | 1.6M | 360.3K | 304.3K | 242.8K | -153.7K | -208K | -304.1K | -378.7K | -374.4K | -411.2K | -462.6K | -498.2K |
| Goodwill & intangibles | 3.4M | 3.7M | 4.1M | 4.4M | 4.4M | 4.6M | 4.6M | 5.1M | 5M | 5M | 5.1M | 4.9M |
| Total assets | 4.6M | 6.4M | 5.6M | 4.3M | 4.1M | 4.1M | 4M | 4.7M | 5.4M | 10.6M | 48.9M | 75.9M |
| Accounts payable | — | — | — | — | — | — | — | — | — | — | — | — |
| Short-term debt | 568.5K | 144.4K | 688K | 159.2K | 161.5K | 649.2K | 754.7K | 799.6K | 768K | 12.8M | 19.1M | 21.6M |
| Total current liabilities | 1.2M | 1.1M | 1.2M | 689.8K | 1.4M | 1.8M | 2.1M | 2.4M | 3M | 14.8M | 20.3M | 23.5M |
| Long-term debt | 969.6K | 928.1K | 896K | 927.6K | 815.6K | 743.6K | 680.2K | 672.6K | 561.1K | 522.9K | 498.1K | 455.5K |
| Total liabilities | 2.8M | 2.8M | 2.6M | 2.3M | 2.7M | 3M | 3.2M | 3.9M | 4.5M | 16.1M | 21.8M | 24.2M |
| Shareholders' equity | 1.8M | 3.6M | 2.9M | 2M | 1.3M | 1.2M | 739.7K | 842.6K | 906.7K | -5.5M | 27.1M | 51.6M |
| Total debt | 1.5M | 1.1M | 1.6M | 1.1M | 977.1K | 1.4M | 1.4M | 1.5M | 1.3M | 13.3M | 19.6M | 22M |
| Net debt | 817.7K | -1.3M | 244.4K | 338.1K | 396.8K | 773.3K | 941.2K | 337.7K | -788.3K | 11.8M | 1.9M | 17M |
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 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Net income | -234.7K | -2.8M | -2.8M | -4.1M | -3.6M |
| Depreciation & amortization | 55.5K | 211.8K | 441.2K | 838.8K | 862.1K |
| Stock-based compensation | 567.9K | 723.2K | 33.1K | 0 | 235K |
| Change in working capital | 182.1K | 344.5K | 44.5K | 507.3K | -165.1K |
| Operating cash flow | 580.4K | -1.5M | -2.2M | -2.5M | -946.8K |
| Capital expenditure | -61.6K | -249.3K | -62.1K | -5K | — |
| Investing cash flow | -101.3K | -249.3K | -62.1K | -5K | — |
| Dividends paid | — | — | — | — | — |
| Share repurchases | — | — | — | — | — |
| Financing cash flow | 6.3M | -61.5K | 779.1K | 2.7M | 1.8M |
| Net change in cash | 6.8M | -1.8M | -1.5M | 142.8K | 836.3K |
| Free cash flow | 606.9K | -2.9M | -3.5M | -2.8M | -1.9M |
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 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 | Q3 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income | -597.1K | -897.8K | -632.9K | -848.7K | -1.7M | -656.9K | -597.1K | -560.1K | -1.8M | -6.4M | -19.5M | 24.6M |
| Depreciation & amortization | 138.6K | 137.4K | 177.8K | 220.4K | 303.3K | 185.5K | 244.1K | 219.3K | 213.1K | 222.8K | 245.1K | 289.3K |
| Stock-based compensation | 117 | 0 | 0 | 0 | 0 | — | — | — | — | — | — | 0 |
| Change in working capital | 609.7K | -112.3K | 180.9K | 560.4K | 74.6K | -138.8K | 69.6K | 2.1K | -98.2K | -157.5K | -40.3K | -289.6K |
| Operating cash flow | 163.8K | -888.8K | -225.9K | -70.8K | -1.2M | -596.2K | -270.4K | -325.9K | -507.6K | -489.7K | -3.3M | -858.6K |
| Capital expenditure | -10.9K | -2K | -2.6K | -330 | -29 | 0 | 0 | 0 | — | — | — | — |
| Investing cash flow | -10.9K | -2K | -2.6K | -330 | -29 | 0 | 0 | 0 | — | -11.9M | -2M | -7M |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | -34.3K | 2.8M | -41K | -686.7K | 344.5K | 1.2M | 53.5K | 610K | 434.1K | 12M | 25.6M | 3.7M |
| Net change in cash | 118.6K | 1.9M | -269.5K | -757.8K | -821.1K | 576.6K | -216.9K | 284.1K | -73.5K | -431.6K | 20.3M | -4.2M |
| Free cash flow | -573.9K | -1.3M | -837.6K | -215.6K | -480.9K | -945.9K | -429.7K | 125K | -640.4K | -700.6K | -3.5M | -15.7M |