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 % |
|---|---|---|---|---|---|---|
| Q1 24 | -$29.8 | -$36.8 | -23.5% | — | — | — |
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 | — | -$2.8K | — | — | $3.2K | — |
| FY24 | — | -$311.2 | — | — | $134K | — |
| FY23 | — | -$4.3K | — | — | $645.2K | — |
| FY22 | — | -$23.9K | — | — | $933.7K | — |
| FY21 | — | -$83.6K | — | — | $105K | — |
| FY20 | — | -$56.5K | — | — | $0 | — |
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 | FY24 | FY25 |
|---|---|---|---|---|---|---|
| Revenue | $0 | $105K | $933.7K | $645.2K | $134K | $3.2K |
| YoY change | — | +InfinityT% | +789% | -30.9% | -79.2% | -97.6% |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 |
|---|---|---|---|---|---|---|
| Revenue | $3.2K |
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 | FY24 | FY25 |
|---|---|---|---|---|---|---|
| Revenue | 0 | 105K | 933.7K | 645.2K | 134K | 3.2K |
| Cost of revenue | 0 | 78K | 766.8K | 756.8K | 627.5K | 2.9K |
| Gross profit | 0 | 27.1K | 166.9K | -111.7K | -493.5K | 268 |
| Gross margin | — | 25.8% | 17.9% | -17.3% | -368.3% | 8.39% |
| Research & development | 938K | 5M | 7.3M | 7.1M | 10.9M | 3.2M |
| Selling, general & administrative | 7.9M | 22.4M | 17.8M | 18.9M | 16.5M | 16.4M |
| Operating expenses | 8.9M | 27.5M | 25.1M | 26M | 27.4M | 19.6M |
| Operating income | -8.9M | -27.4M | -24.9M | -26.1M | -27.9M | -19.6M |
| Operating margin | — | -26.1K% | -2.7K% | -4K% | -20.8K% | -612.5K% |
| Non-operating income, net | 32.5K | -17M | -485K | 51.7K | 205.8K | -21M |
| Pretax income | -9.1M | -46.4M | -27.6M | -32.4M | -35M | -42.8M |
| Income tax | 0 | 0 | 0 | 0 | 0 | 0 |
| Net income | -9.1M | -46.4M | -27.6M | -32.4M | -35M | -42.8M |
| Net margin | — | -44.1K% | -3K% | -5K% | -26.1K% | -1.3M% |
| EBITDA | -8.9M | -27M | -24.3M | -25.5M | -27.5M | -19.1M |
| EPS | -56.5K | -83.6K | -23.9K | -4.3K | -311.2 | -2.8K |
| Diluted EPS | -56.5K | -83.6K | -23.9K | -4.3K | -311.2 | -2.8K |
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 |
|---|---|---|---|---|---|---|
| Revenue | 3.2K | 1K | 1K | 748 | 425 | 12.2K |
| Cost of revenue | 71K | 734 | 1K | 732 | 456 | 9.3K |
| Gross profit | -67.8K | 284 | -1 | 16 | -31 | 2.9K |
| Gross margin | -2.1K% | 27.9% | -0.1% | 2.14% | -7.29% | 23.6% |
| Research & development | 696K | 1.2M | 764.3K | 672K | 548.6K | 1M |
| Selling, general & administrative | 4.9M | 4.4M | 5.4M | 2.5M | 4.1M | 3.3M |
| Operating expenses | 5.6M | 5.6M | 6.2M | 3.1M | 4.7M | 4.4M |
| Operating income | -5.7M | -5.6M | -6.2M | -3.1M | -4.7M | -4.4M |
| Operating margin | -178K% | -550.9K% | -612.8K% | -419.9K% | -1.1M% | -35.9K% |
| Non-operating income, net | 414.5K | 13.1K | -62.2K | -20.8M | -139.6K | -11.8M |
| Pretax income | -5.5M | -6M | -7.4M | -24.2M | -5.2M | -16.2M |
| Income tax | 0 | 0 | 0 | 0 | 0 | 0 |
| Net income | -5.5M | -6M | -7.4M | -24.2M | -5.2M | -16.2M |
| Net margin | -174.7K% | -584.7K% | -736.6K% | -3.2M% | -1.2M% | -133.1K% |
| EBITDA | -5.1M | -5.5M | -6M | -3.2M | -4.3M | -4.3M |
| EPS | — | -4.3K | -55.8K | -102.3K | — | -412.8 |
| Diluted EPS | — | -4.3K | -55.8K | -102.3K | — | -412.8 |
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 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Market cap | — | — | — | — | — | — | 4.4M |
| Enterprise value | — | — | — | — | — | — | 2.1M |
| Shares outstanding | 162 | 555 | 1.2K | 7.6K | 129.7K | 15.2K | 15.2K |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | 0 |
| P/S | — | — | — | — | — | — | 306.3 |
| P/B | — | — | — | — | — | — | -0 |
| EV/EBITDA | — | — | — | — | — | — | -0.12 |
| EV/Sales | — | — | — | — | — | — | 144.4 |
| Earnings yield | — | — | — | — | — | — | 4.3M% |
| FCF yield | — | — | — | — | — | — | -281.2% |
| PEG | — | — | — | — | — | — | -0 |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Gross margin | — | 25.8% | 17.9% | -17.3% | -368.3% | 8.39% | 23.6% |
| Operating margin | — | -26.1K% | -2.7K% | -4K% | -20.8K% | -612.5K% | -35.9K% |
| Net margin | — | -44.1K% | -3K% | -5K% | -26.1K% | -1.3M% | 8.39% |
| ROE | -83.1% | -455.5% | -531.1% | -201.9% | -422.6% | -1.1K% | -1.1K% |
| ROA | -69.9% | -278.3% | -257.6% | -72.7% | -108.9% | -259.1% | -50.8% |
| ROIC | -377.9% | -390.2% | -428.5% | -76.3% | -193.9% | -520.3% | 58.7% |
| Return on tangible assets | -73.5% | -285.6% | -262.8% | -72.7% | -109% | -259.1% | -413.4% |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Current ratio | 8.99 | 2.61 | 1.3 | 0.27 | 0.09 | 0.31 | 0.06 |
| Quick ratio | 8.99 | 2.47 | 1.04 | 0.24 | 0.08 | 0.31 | 0.05 |
| Debt / equity | 0.17 | 0.46 | 0.65 | 1.14 | 0.84 | 0.76 | -0 |
| Debt / assets | 0.14 | 0.28 | 0.32 | 0.41 | 0.22 | 0.18 | 0.3 |
| Net debt / EBITDA | 0.98 | 0.12 | -0.03 | -0.71 | -0.22 | 0.01 | -0.22 |
| Interest coverage | -28.5 | -22.9 | -11.1 | -4.07 | -3.76 | -16.9 | -24.5 |
| Effective tax rate | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Revenue per share | 0 | 189.3 | 805.6 | 85.4 | 1.03 | 0.21 | 0.37 |
| EPS (basic) | -56.5K | -83.6K | -23.9K | -4.3K | -311.2 | -2.8K | -2.8K |
| EPS (diluted) | -56.5K | -83.6K | -23.9K | -4.3K | -311.2 | -2.8K | -1.4K |
| Book value per share | 68K | 18.3K | 4.5K | 2.1K | 63.9 | 259.4 | -861.4 |
| FCF per share | -45.6K | -42K | -19.6K | -2.5K | -129.3 | -1.7K | -480.9 |
| Cash per share | 64.8K | 14.2K | 2.4K | 12.8 | 6.42 | 209.9 | 0.33 |
| Capex per share | 1.1K | 1.8K | 316.7 | 1.91 | 0 | 0.9 | 0.9 |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Capex / revenue | — | 967.1% | 39.3% | 2.23% | 0% | 430.1% | 430.1% |
| Capex / operating cash flow | -3.09% | -2.53% | -1.57% | -0.06% | 0% | -0.03% | -0.03% |
| Payout ratio | — | — | — | — | — | — | 0% |
| $1K |
| $1K |
| $748 |
| $425 |
| $12.2K |
| YoY change | — | — | — | — | -86.6% | +1.1K% |
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 | 10.5M | 7.9M | 2.8M | 97.1K | 833K | 3.2M |
| Receivables | 0 | 89.8K | 528K | 408.3K | 43.4K | 0 |
| Inventory | 0 | 494.7K | 950.1K | 745.5K | 11.2K | 5.8K |
| Total current assets | 11M | 9.4M | 4.7M | 6.9M | 2M | 3.8M |
| Property, plant & equipment | 1.7M | 6.4M | 2.3M | 1.9M | 2.8M | 2.1M |
| Goodwill & intangibles | 642K | 428K | 214K | 18.9K | 12.2K | 5.6K |
| Total assets | 13.1M | 16.7M | 10.7M | 44.6M | 32.1M | 16.5M |
| Accounts payable | — | — | — | — | 10.2M | 7.3M |
| Short-term debt | 978.8K | 1.8M | 1.5M | 17.2M | 6.5M | 2.7M |
| Total current liabilities | 1.2M | 3.6M | 3.6M | 25.9M | 23.4M | 12.2M |
| Long-term debt | 858.1K | 2.9M | 1.9M | 1M | 436.4K | 342.9K |
| Total liabilities | 2.1M | 6.5M | 5.5M | 28.5M | 23.9M | 12.6M |
| Shareholders' equity | 11M | 10.2M | 5.2M | 16M | 8.3M | 4M |
| Total debt | 1.8M | 4.7M | 3.4M | 18.2M | 6.9M | 3M |
| Net debt | -8.7M | -3.2M | 613.2K | 18.1M | 6.1M | -192.1K |
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 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 |
|---|---|---|---|---|---|---|
| Cash & short-term investments | 833K | 476.4K | 323.7K | 163K | 3.2M | 268.9K |
| Receivables | 43.4K | 42.1K | 117.3K | 116.8K | 0 | 12K |
| Inventory | 11.2K | 9.1K | 7.6K | 6.6K | 5.8K | 128.4K |
| Total current assets | 2M | 1.2M | 433.7K | 420.4K | 3.8M | 850K |
| Property, plant & equipment | 2.8M | 2.5M | 2.3M | 2M | 2.1M | 1.8M |
| Goodwill & intangibles | 12.2K | 10.6K | 8.9K | 7.2K | 5.6K | 1.1M |
| Total assets | 32.1M | 31.2M | 32.7M | 11.8M | 16.5M | 13.9M |
| Accounts payable | 10.2M | 6.7M | 9.7M | 10.4M | 7.3M | 7.7M |
| Short-term debt | 6.5M | 3.8M | 5.4M | 5.7M | 2.7M | 3.9M |
| Total current liabilities | 23.4M | 15.2M | 20.6M | 20.7M | 12.2M | 13.3M |
| Long-term debt | 436.4K | 277.3K | 113.4K | 0 | 342.9K | 288.9K |
| Total liabilities | 23.9M | 15.5M | 20.7M | 20.7M | 12.6M | 49.1M |
| Shareholders' equity | 8.3M | 15.8M | 12M | -8.9M | 4M | -35.2M |
| Total debt | 6.9M | 4.1M | 5.5M | 5.7M | 3M | 4.2M |
| Net debt | 6.1M | 3.6M | 5.2M | 5.5M | -192.1K | 4M |
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 | FY24 | FY25 |
|---|---|---|---|---|---|---|
| Net income | -9.1M | -46.4M | -27.6M | -32.4M | -35M | -42.8M |
| Depreciation & amortization | 17.8K | 476.2K | 536K | 542.6K | 617.3K | 272.6K |
| Stock-based compensation | 3.2M | 4.6M | 3.1M | 1.4M | 6.7M | 483.3K |
| Change in working capital | 124.7K | -807.2K | -893.5K | 1.9M | 1.8M | 48.9K |
| Operating cash flow | -5.5M | -40.2M | -23.3M | -25.8M | -21.7M | -40.8M |
| Capital expenditure | -170.6K | -1M | -367.1K | -14.4K | 0 | -13.7K |
| Investing cash flow | -170.6K | -16.3M | -241.9K | -14.4K | -5M | -2.4M |
| Dividends paid | — | — | — | — | — | — |
| Share repurchases | — | 0 | -20K | -1K | -2.9M | -9.2M |
| Financing cash flow | 17M | 31.9M | 16M | 12.1M | 15.2M | 23.1M |
| Net change in cash | 11.3M | -24.6M | -7.6M | -13.7M | -11.4M | -20.2M |
| Free cash flow | -7.4M | -23.3M | -22.8M | -18.6M | -16.8M | -25.7M |
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 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 |
|---|---|---|---|---|---|---|
| Net income | -5.5M | -6M | -7.4M | -24.2M | -5.2M | -16.2M |
| Depreciation & amortization | — | — | 67.9K | 67.8K | 67.6K | 48.7K |
| Stock-based compensation | — | — | 473.3K | 0 | 0 | 0 |
| Change in working capital | — | — | 3.8K | 1.6K | 40K | -2.7K |
| Operating cash flow | -5.5M | -6M | -5.7M | -23.7M | -5.8M | -16.1M |
| Capital expenditure | — | — | — | — | — | -10.4K |
| Investing cash flow | — | — | — | 0 | 2.4M | -10.4K |
| Dividends paid | — | — | — | — | — | — |
| Share repurchases | — | — | -308K | -316.6K | -1.6M | -370K |
| Financing cash flow | — | — | 3M | 2.5M | 9.1M | 230.4K |
| Net change in cash | -5.5M | -6M | -2.7M | -21.1M | 5.8M | -15.9M |
| Free cash flow | — | — | -2.4M | -2.3M | -9.3M | -4.6M |