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 | — | -$1 | — | — | $12.5M | — |
| FY24 | — | — | — | — | $8.9M | — |
| FY23 | — | -$0.67 | — | — | $8.7M | — |
| FY22 | — | -$0.26 | — | — | $8.8M | — |
| FY21 | — | -$0.06 | — | — | $6.2M | — |
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 | $6.2M | $8.8M | $8.7M | $8.9M | $12.5M |
| YoY change | — | +42.5% | -1.79% | +3.27% | +39.7% |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | Q1 25 | Q2 25 | Q1 26 |
|---|---|---|---|
| Revenue | $2.7M | $3M | $3.8M |
| YoY change | — | — | +38.8% |
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 | 6.2M | 8.8M | 8.7M | 8.9M | 12.5M |
| Cost of revenue | 5.7M | 9.6M | 8.9M | 6.9M | 9.3M |
| Gross profit | 502K | -755K | -198K | 2.1M | 3.2M |
| Gross margin | 8.1% | -8.56% | -2.28% | 23.2% | 25.7% |
| Research & development | — | — | — | — | — |
| Selling, general & administrative | 722K | 2.7M | 9.9M | 15M | 16.1M |
| Operating expenses | 1.4M | 3.7M | 11.2M | 20.1M | 20.1M |
| Operating income | -1.1M | -4.8M | -11.8M | -18.6M | -17.5M |
| Operating margin | -18.1% | -54% | -135.7% | -207.8% | -139.7% |
| Non-operating income, net | 23K | 56K | -664K | — | — |
| Pretax income | -1.2M | -5M | -12.9M | -18.7M | -17.5M |
| Income tax | 0 | 0 | 0 | 0 | -32K |
| Net income | -1.2M | -5M | -12.9M | -18.7M | -17.4M |
| Net margin | -20% | -56.2% | -148.5% | -208.7% | -139.5% |
| EBITDA | -849K | -4.5M | -11.4M | -18M | -16.9M |
| EPS | -0.06 | -0.26 | -0.67 | — | -1 |
| Diluted EPS | -0.06 | -0.26 | -0.67 | — | -1 |
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | Q1 25 | Q2 25 | Q1 26 |
|---|---|---|---|
| Revenue | 2.7M | 3M | 3.8M |
| Cost of revenue | 1.5M | 2.6M | 2.5M |
| Gross profit | 1.2M | 396K | 1.3M |
| Gross margin | 45% | 13.1% | 34.6% |
| Research & development | — | — | — |
| Selling, general & administrative | 1.6M | 3.6M | 891K |
| Operating expenses | 4.8M | 1.4M | 3.4M |
| Operating income | -3.6M | -1.3M | -2.1M |
| Operating margin | -130.8% | -42.5% | -55% |
| Non-operating income, net | — | — | — |
| Pretax income | -3.6M | -1.3M | -2.1M |
| Income tax | 0 | -32K | 0 |
| Net income | -3.6M | -1.3M | -2.1M |
| Net margin | -130.8% | -41.5% | -55% |
| EBITDA | -3.6M | -1.3M | -2.1M |
| EPS | -0.15 | — | -0.02 |
| Diluted EPS | -0.15 | — | -0.02 |
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 | 2.6M | 3M | 1.7M | 5.5M | 5M |
| Receivables | 11K | 70K | 30K | 11K | 33K |
| Inventory | — | — | — | — | — |
| Total current assets | 3.3M | 3.8M | 4.5M | 8.2M | 35.7M |
| Property, plant & equipment | 24K | 24K | 61K | 155K | 70K |
| Goodwill & intangibles | 702K | 1.1M | 1.3M | 1.5M | 1.6M |
| Total assets | 3.7M | 4.3M | 5.2M | 9.1M | 38.3M |
| Accounts payable | 2.9M | 3.4M | 5.5M | 4.1M | 5M |
| Short-term debt | 500K | 2.3M | 5.2M | 76K | 59K |
| Total current liabilities | 3.8M | 4.2M | 12.6M | 5.1M | 6.3M |
| Long-term debt | — | 5.1M | 0 | 59K | 0 |
| Total liabilities | 3.8M | 9.3M | 12.6M | 5.2M | 6.3M |
| Shareholders' equity | -156K | -5M | -7.4M | 3.9M | 32M |
| Total debt | 500K | 7.4M | 5.2M | 135K | 59K |
| Net debt | -2.1M | 4.4M | 3.5M | -5.4M | -4.9M |
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 |
|---|---|---|---|---|---|---|
| Shares outstanding | 19.1M | 19.1M | 19.1M | — | 13M | 13M |
| Metric | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|
| Gross margin | 8.1% | -8.56% | -2.28% | 23.2% | 25.7% | 25.7% |
| Operating margin | -18.1% | -54% | -135.7% | -207.8% | -139.7% | -139.7% |
| Net margin | -20% | -56.2% | -148.5% | -208.7% | -139.5% | -139.5% |
| ROE | 794.9% | 99.2% | 173.4% | -482.8% | -54.6% | -54.6% |
| ROA | -33.6% | -114.7% | -247.6% | -205.6% | -45.5% | -45.5% |
| ROIC | 49.1% | 845.8% | 300.4% | 1.2K% | -64.6% | -64.6% |
| Return on tangible assets | -41.5% | -152.2% | -334.2% | -245.7% | -47.6% | -47.6% |
| Metric | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|
| Current ratio | 0.86 | 0.89 | 0.35 | 1.6 | 5.63 | 5.63 |
| Quick ratio | 0.86 | 0.89 | 0.35 | 1.6 | 5.63 | 5.63 |
| Debt / equity | -3.21 | -1.49 | -0.7 | 0.03 | 0 | 0 |
| Debt / assets | 0.14 | 1.72 | 1 | 0.01 | 0 | 0 |
| Net debt / EBITDA | 2.51 | -0.99 | -0.31 | 0.3 | 0.29 | 0.29 |
| Interest coverage | -9.51 | -24.1 | -27.9 | -241.5 | -3.5K | -3.5K |
| Effective tax rate | 0% | 0% | 0% | 0% | 0% | 0% |
| Metric | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|
| Revenue per share | 0.32 | 0.46 | 0.45 | — | 0.96 | 0.96 |
| EPS (basic) | -0.06 | -0.26 | -0.67 | — | -1 | -1 |
| EPS (diluted) | -0.06 | -0.26 | -0.67 | — | -1 | -1 |
| Book value per share | -0.01 | -0.26 | -0.39 | — | 2.46 | 2.46 |
| FCF per share | -0.02 | -0.23 | -0.11 | — | -1.86 | -1.86 |
| Cash per share | 0.14 | 0.16 | 0.09 | — | 0.38 | 0.38 |
| Capex per share | 0 | 0 | 0 | — | — | — |
| Metric | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|
| Capex / revenue | 0.42% | 0.17% | 0.03% | 0.31% | — | — |
| Capex / operating cash flow | -22% | -0.36% | -0.1% | -0.3% | — | — |
| Payout ratio | — | 0% | 0% | 0% | 0% | 0% |
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 | -1.2M | -5M | -12.9M | -18.7M | -17.4M |
| Depreciation & amortization | 273K | 301K | 402K | 559K | 613K |
| Stock-based compensation | 0 | 0 | 7M | 10.3M | 11.1M |
| Change in working capital | 849K | 480K | 1.9M | -1.4M | 853K |
| Operating cash flow | -118K | -4.2M | -3.1M | -9.2M | -23.5M |
| Capital expenditure | -26K | -15K | -3K | -28K | — |
| Investing cash flow | -26K | -15K | 60K | -28K | -9.3M |
| Dividends paid | — | 0 | 0 | 0 | 0 |
| Share repurchases | — | — | — | — | — |
| Financing cash flow | 500K | 4.7M | 3.6M | 14.3M | 33M |
| Net change in cash | 356K | 506K | 516K | 5M | 85K |
| Free cash flow | -441K | -4.3M | -2.1M | -12.3M | -24.1M |