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 | — | -$4.98 | — | — | $8M | — |
| FY24 | — | -$0.42 | — | — | $9.1M | — |
| FY23 | — | -$0.1 | — | — | $7.7M | — |
| FY22 | — | -$0.28 | — | — | $6.4M | — |
| FY21 | — | $1.61 | — | — | $5M | — |
| FY20 | — | -$1.57 | — | — | $3.2M | — |
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 | $3.2M | $5M | $6.4M | $7.7M | $9.1M | $8M |
| YoY change | — | +54.4% | +28.2% | +20.5% | +18.6% | -12.2% |
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 | $1.9M |
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 | 3.2M | 5M | 6.4M | 7.7M | 9.1M | 8M |
| Cost of revenue | 2.9M | 4.1M | 4.8M | 4.8M | 6.4M | 5.6M |
| Gross profit | 347.9K | 880.8K | 1.5M | 2.9M | 2.7M | 2.4M |
| Gross margin | 10.8% | 17.8% | 24.2% | 37.3% | 29.8% | 29.6% |
| Research & development | — | — | 0 | 162.9K | 865.6K | 673.1K |
| Selling, general & administrative | 16.5M | 13.3M | 11M | 7.8M | 13.6M | 31.3M |
| Operating expenses | 16.7M | 13.5M | 11M | 8M | 14.5M | 31.9M |
| Operating income | -20M | -15.8M | -11.5M | -6.6M | -13.4M | -31.1M |
| Operating margin | -622.6% | -318.2% | -181.6% | -86.2% | -147.4% | -390.5% |
| Non-operating income, net | -20.2M | 981.4K | -78.9K | 46.7K | -13.3M | -8.3M |
| Pretax income | -45.8M | -15.1M | -10.8M | -3.6M | -23M | -35.2M |
| Income tax | — | — | — | — | -425.4K | -536.7K |
| Net income | -45.1M | 62.9M | -10.8M | -3.6M | -22.6M | -34.6M |
| Net margin | -1.4K% | 1.3K% | -170.4% | -47% | -248.7% | -434.1% |
| EBITDA | -21.5M | -13.4M | -9.2M | -5.1M | -1.5M | -21.4M |
| EPS | -1.57 | 1.61 | -0.28 | -0.1 | -0.42 | -4.98 |
| Diluted EPS | -1.57 | 1.61 | -0.28 | -0.1 | -0.42 | -4.98 |
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 | 1.9M | 2.3M | 1.9M | 1.8M | 1.9M | 1.6M |
| Cost of revenue | 1.4M | 1.4M | 1.4M | 1.3M | 1.5M | 817.5K |
| Gross profit | 543.9K | 832.4K | 565.4K | 500.4K | 464.4K | 735.7K |
| Gross margin | 28.7% | 36.6% | 29.5% | 27.1% | 24% | 47.4% |
| Research & development | 338.7K | 180.9K | 166.9K | 174.8K | 150.5K | 208K |
| Selling, general & administrative | 4M | 5.5M | 6.1M | 7.3M | 12.4M | 3.8M |
| Operating expenses | 4.4M | 5.7M | 6.3M | 7.4M | 12.5M | 4M |
| Operating income | -4.2M | -5.3M | -6.1M | -7.3M | -12.5M | -3.5M |
| Operating margin | -223.3% | -230.8% | -317.4% | -397.1% | -644.5% | -226.6% |
| Non-operating income, net | -9.4M | -512.6K | 242.9K | 571.6K | -8.6M | -2.7M |
| Pretax income | -12.9M | -4.9M | -4.8M | -5.4M | -20M | -5.2M |
| Income tax | -92.6K | 0 | 0 | 0 | -536.7K | 0 |
| Net income | -12.8M | -4.9M | -4.8M | -5.4M | -19.5M | -5.2M |
| Net margin | -676.7% | -215.4% | -251.8% | -292.3% | -1K% | -337.1% |
| EBITDA | 5.6M | -4.4M | -6M | -7.1M | -3.9M | -682.4K |
| EPS | — | -0.11 | -0.66 | -0.84 | — | -0.83 |
| Diluted EPS | — | -0.11 | -0.66 | -0.84 | — | -0.83 |
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 | — | — | — | — | — | — | 75.5M |
| Enterprise value | — | — | — | — | — | — | 11.9M |
| Shares outstanding | 28.7M | 39M | 38.5M | 37.2M | 40.4M | 6.6M | 6.6M |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | -0.41 |
| P/S | — | — | — | — | — | — | 2.85 |
| P/B | — | — | — | — | — | — | 0.45 |
| EV/EBITDA | — | — | — | — | — | — | -0.41 |
| EV/Sales | — | — | — | — | — | — | 1.49 |
| Earnings yield | — | — | — | — | — | — | -244.1% |
| FCF yield | — | — | — | — | — | — | -10.6% |
| PEG | — | — | — | — | — | — | -0 |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Gross margin | 10.8% | 17.8% | 24.2% | 37.3% | 29.8% | 29.6% | 47.4% |
| Operating margin | -622.6% | -318.2% | -181.6% | -86.2% | -147.4% | -390.5% | -644.5% |
| Net margin | -1.4K% | 1.3K% | -170.4% | -47% | -248.7% | -434.1% | 29.6% |
| ROE | -134.9% | 63.7% | -12.3% | -3.85% | -29.1% | -92% | -60.1% |
| ROA | -72.8% | 59.4% | -11.1% | -3.21% | -20% | -38.6% | -19.2% |
| ROIC | — | — | — | — | -35.8% | -129.5% | -150.8% |
| Return on tangible assets | -72.9% | 59.4% | -11.1% | -4.86% | -23.3% | -47.5% | -67.6% |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Current ratio | 1.83 | 18 | 25 | 6.55 | 3.11 | 1.55 | 1.55 |
| Quick ratio | 1.83 | 18 | 25 | 6.55 | 3.11 | 1.55 | 1.66 |
| Debt / equity | 0.15 | 0 | 0.09 | 0.17 | 0.4 | 0.99 | 0.99 |
| Debt / assets | 0.08 | 0 | 0.08 | 0.15 | 0.28 | 0.41 | 0.27 |
| Net debt / EBITDA | -0.21 | 6.94 | 7.95 | 11.1 | 26.5 | 0.64 | 0.76 |
| Interest coverage | -7.25 | -58.7 | — | — | — | — | — |
| Effective tax rate | — | — | — | — | 0% | 0% | 0% |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Revenue per share | 0.11 | 0.13 | 0.16 | 0.21 | 0.22 | 1.21 | 0.2 |
| EPS (basic) | -1.57 | 1.61 | -0.28 | -0.1 | -0.42 | -4.98 | -4.98 |
| EPS (diluted) | -1.57 | 1.61 | -0.28 | -0.1 | -0.42 | -4.98 | -0.83 |
| Book value per share | 1.16 | 2.53 | 2.28 | 2.51 | 1.92 | 5.71 | 1.38 |
| FCF per share | -0.19 | -0.26 | -0.29 | -0.25 | -0.3 | -1.81 | -1.67 |
| Cash per share | 0.01 | 2.38 | 2.11 | 1.96 | 1.77 | 7.71 | 1.33 |
| Capex per share | 0.01 | 0 | 0 | 0.01 | 0.06 | 0.3 | 0.31 |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Capex / revenue | 11.1% | 3.87% | 0.7% | 3.54% | 25.4% | 24.8% | 26.9% |
| Capex / operating cash flow | -1.14% | -1.75% | -0.52% | -8.16% | -11.8% | -6.47% | -6.36% |
| Payout ratio | — | — | — | — | — | — | 0% |
| $2.3M |
| $1.9M |
| $1.8M |
| $1.9M |
| $1.6M |
| YoY change | — | — | — | — | +1.95% | -31.7% |
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 | 424.2K | 92.9M | 81.2M | 72.8M | 71.5M | 50.8M |
| Receivables | 271.1K | 389K | 72.7K | 529.4K | 708.8K | 491.6K |
| Inventory | — | — | — | — | — | — |
| Total current assets | 47M | 94.3M | 82.4M | 78.3M | 94.7M | 76.8M |
| Property, plant & equipment | 9.3M | 6.1M | 9.9M | 9.2M | 7.4M | 1M |
| Goodwill & intangibles | 61.6K | 53.7K | 145.2K | 38.1M | 15.9M | 16.8M |
| Total assets | 61.9M | 105.8M | 97.7M | 112M | 112.7M | 89.8M |
| Accounts payable | 901.4K | 341.2K | 317.6K | 371.8K | 1.3M | 7M |
| Short-term debt | 4M | — | 1.2M | 10.7M | 27.3M | 34.8M |
| Total current liabilities | 25.7M | 5.2M | 3.3M | 12M | 30.5M | 49.6M |
| Long-term debt | 946.2K | 0 | 6.5M | 5.6M | 4M | 2.4M |
| Total liabilities | 28.5M | 7.2M | 9.8M | 18.6M | 35.2M | 52.1M |
| Shareholders' equity | 33.4M | 98.6M | 87.9M | 93.4M | 77.5M | 37.6M |
| Total debt | 4.9M | 0 | 7.8M | 16.3M | 31.4M | 37.2M |
| Net debt | 4.5M | -92.9M | -3.4M | -47.2K | -27.9M | 25.4M |
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 | 71.5M | 70.8M | 60M | 56M | 50.8M | 31.4M |
| Receivables | 708.8K | 274.9K | 279.8K | 263.8K | 491.6K | 902.6K |
| Inventory | — | — | — | — | — | — |
| Total current assets | 94.7M | 98M | 87.5M | 83.1M | 76.8M | 55.1M |
| Property, plant & equipment | 7.4M | 6.9M | 6.4M | 5.9M | 1M | 1M |
| Goodwill & intangibles | 15.9M | 15.8M | 23.6M | 23.9M | 16.8M | 16.3M |
| Total assets | 112.7M | 117.9M | 108.6M | 106.8M | 89.8M | 68.1M |
| Accounts payable | 1.3M | 2.7M | 3.4M | 7.1M | 7M | 7.6M |
| Short-term debt | 27.3M | 36.1M | 37.6M | 36.8M | 34.8M | 16.1M |
| Total current liabilities | 30.5M | 40.7M | 42.7M | 46.4M | 49.6M | 33.1M |
| Long-term debt | 4M | 3.6M | 3.2M | 2.8M | 2.4M | 2M |
| Total liabilities | 35.2M | 45M | 46.5M | 49.9M | 52.1M | 35.2M |
| Shareholders' equity | 77.5M | 72.9M | 62.1M | 56.9M | 37.6M | 32.8M |
| Total debt | 31.4M | 39.7M | 40.8M | 39.6M | 37.2M | 18.1M |
| Net debt | -27.9M | 20.2M | 17.7M | 24.1M | 25.4M | 13.8M |
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 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|
| Net income | -45.1M | 62.9M | -10.8M | -3.6M | -22.6M | -34.6M |
| Depreciation & amortization | 3.6M | 3.3M | 2.1M | 1.5M | 1.6M | 1.6M |
| Stock-based compensation | 5.1M | 1.3M | 791.3K | 150.5K | 1.1M | 496.7K |
| Change in working capital | 1M | -590.7K | -1.5M | -2.4M | -330.6K | 964.3K |
| Operating cash flow | -31.3M | -11M | -8.6M | -3.3M | -19.5M | -30.6M |
| Capital expenditure | -355.8K | -191.7K | -44.4K | -271.1K | -2.3M | -2M |
| Investing cash flow | -5.5M | 105.9M | -70.1M | 6.8M | 23.9M | -38.2M |
| Dividends paid | — | — | — | — | — | — |
| Share repurchases | — | 0 | -610.6K | -2.1M | -2M | -6.6M |
| Financing cash flow | 9.2M | -3.4M | -610.6K | 7.1M | 15.5M | -41.7M |
| Net change in cash | -27.6M | 91.5M | -79.3M | 10.6M | 19.8M | -110.5M |
| Free cash flow | -5.5M | -10.3M | -11M | -9.2M | -12.1M | -12M |
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 | -12.8M | -4.9M | -4.8M | -5.4M | -19.5M | -5.2M |
| Depreciation & amortization | 401.8K | 374.7K | 389.7K | 404.9K | 379.1K | 249.2K |
| Stock-based compensation | 195.6K | 188.4K | 190.8K | 115.2K | 2.3K | 0 |
| Change in working capital | 5.7M | 703.4K | -689.6K | 4.2M | -3.2M | 1M |
| Operating cash flow | -6.2M | -3.3M | -4.4M | -439K | -21.9M | -3.9M |
| Capital expenditure | -2.3M | -32.3K | -23.3K | -53.3K | -1.9M | 0 |
| Investing cash flow | 48.6M | -45.1M | 15.1M | -6.8M | 962.5K | 11.3M |
| Dividends paid | — | — | — | — | — | — |
| Share repurchases | -422 | — | — | 0 | 0 | — |
| Financing cash flow | -3.8M | -4.2M | -11M | -15.4M | -4.5M | -36.8M |
| Net change in cash | 38.5M | -52.5M | -235.8K | -22.6M | -25.5M | -29.4M |
| Free cash flow | 1.2M | -2.2M | -2.6M | -863.7K | -6.3M | -661K |