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 23 | — | -$0.05 | — | — | — | — |
| Q4 22 | — | -$0.51 | — | — | $0 | — |
| Q2 99 | — | -$0.14 | — | — | — | — |
| Q1 99 | — | -$0.09 | — | — | — | — |
| Q4 98 | — | -$0.12 | — | — | — | — |
| Q3 98 | $0.11 | -$0.43 | -490.9% | — | — | — |
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 | — | -$1.97 | — | — | $1.1M | — |
| FY24 | — | -$1.6 | — | — | $108K | — |
| FY23 | — | -$0.33 | — | — | $498K | — |
| FY22 | — | -$0.48 | — | — | $0 | — |
| FY21 | — | -$0.56 | — | — | $32K | — |
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 | $32K | $0 | $498K | $108K | $1.1M |
| YoY change | — | -100% | +InfinityT% | -78.3% | +957.4% |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | Q2 23 | Q3 23 | Q4 23 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 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 | 32K | 0 | 498K | 108K | 1.1M |
| Cost of revenue | 0 | 0 | — | — | 497K |
| Gross profit | 32K | 0 | 498K | 108K | 645K |
| Gross margin | 100% | — | 100% | 100% | 56.5% |
| Research & development | 2.9M | 1.3M | 741K | 2M | 1.5M |
| Selling, general & administrative | 1.7M | 2M | 2.8M | 7.3M | 7.8M |
| Operating expenses | 4.6M | 3.3M | 3.6M | 9.3M | 9.3M |
| Operating income | -4.6M | -3.3M | -3.1M | -9.2M | -8.6M |
| Operating margin | -14.4K% | — | -618.1% | -8.5K% | -753.5% |
| Non-operating income, net | 374K | 37K | 494K | -1.2M | -11.2M |
| Pretax income | -4.4M | -3.8M | -2.6M | -10.5M | -19.9M |
| Income tax | 0 | 0 | 1K | 2K | 5K |
| Net income | -4.4M | -3.8M | -2.6M | -10.5M | -19.9M |
| Net margin | -13.7K% | — | -522.7% | -9.7K% | -1.7K% |
| EBITDA | -4.2M | -3.2M | -2.6M | -9.3M | -8.6M |
| EPS | -0.56 | -0.48 | -0.33 | -1.6 | -1.97 |
| Diluted EPS | -0.56 | -0.48 | -0.33 | -1.6 | -1.97 |
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | Q2 23 | Q3 23 | Q4 23 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2M | 23K | 19K | 1.9M | 33K | 53K | 43K | 299K | 388K | 412K | 485K | 514K |
| Cost of revenue | 1.3M | 54K | — | 1.2M | 1.5M | — | — | 25K | 242K | 230K | 264K | 261K |
| Gross profit | 705K | -31K | — | 682.7K | -1.4M | 2.1M | — | 274K | 146K | 182K | 221K | 253K |
| Gross margin | 34.8% | -134.8% | — | 35.9% | -4.4K% | 4K% | — | 91.6% | 37.6% | 44.2% | 45.6% | 49.2% |
| Research & development | — | 392K | 29K | — | 878K | 437K | 312K | 336K | 378K | 456K | 424K | 525K |
| Selling, general & administrative | 1.3M | 224K | 1.6M | 948.5K | 2M | 2.2M | 1.8M | 1.6M | 2.3M | 2.1M | 1.8M | 1.7M |
| Operating expenses | 1.3M | 616K | 1.6M | 948.5K | 2.8M | 2.6M | 2.1M | 1.9M | 2.6M | 2.6M | 2.2M | 2.2M |
| Operating income | -613.2K | -647K | -1.6M | -308.1K | -4.3M | -2.6M | -2.1M | -1.6M | -2.5M | -2.4M | -2M | -2M |
| Operating margin | -30.3% | -2.8K% | -8.2K% | -16.2% | -12.9K% | -4.8K% | -4.8K% | -546.5% | -645.4% | -583% | -414.4% | -384% |
| Non-operating income, net | 1.1M | -1M | 496K | -71.2K | 3K | -1.2M | -10.7M | -210K | -154K | -101K | -1K | -45K |
| Pretax income | 456.4K | -650K | -1.1M | -389.7K | -4.3M | -3.8M | -12.9M | -1.8M | -2.6M | -2.5M | -2M | -2M |
| Income tax | 0 | 0 | 1K | 0 | 0 | 2K | 0 | 4K | 0 | 1K | 0 | 0 |
| Net income | 234.8K | -650K | -1.1M | -389.7K | -4.3M | -3.8M | -12.9M | -1.8M | -2.6M | -2.5M | -2M | -2M |
| Net margin | 11.6% | -2.8K% | -5.7K% | -20.5% | -13K% | -7.1K% | -30.1K% | -613% | -680.2% | -601.9% | -413.2% | -386% |
| EBITDA | -559.4K | -647K | -1.1M | -159.7K | -4.3M | -2.7M | -2.1M | -1.8M | -2.4M | -2.3M | -2M | -1.9M |
| EPS | 0.03 | -0.08 | — | -0.05 | -0.61 | — | -1.74 | -0.14 | -0.2 | — | -0.13 | -0.1 |
| Diluted EPS | 0.03 | -0.08 | — | -0.05 | -0.61 | — | -1.74 | -0.14 | -0.2 | — | -0.13 | -0.1 |
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 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| Market cap | — | — | — | 1.2B | 113.3M | 39.9M | — | — | 26.5M |
| Enterprise value | — | — | — | 1.2B | 113.3M | 37.8M | — | — | 22.3M |
| Shares outstanding | — | — | — | 7.9M | 7.9M | 7.9M | 6.5M | 12.4M | 12.4M |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | — | — | -0.86 |
| P/S | — | — | — | 36.5K | — | 80.1 | — | — | 17.5 |
| P/B | — | — | — | -387.8 | -53.7 | 366.1 | — | — | 2.15 |
| EV/EBITDA | — | — | — | -278.9 | -35.1 | -14.4 | — | — | -2.56 |
| EV/Sales | — | — | — | 36.6K | — | 75.8 | — | — | 12.4 |
| Earnings yield | — | — | — | — | — | — | — | — | -116.9% |
| FCF yield | — | — | — | -0.33% | -2.55% | -6.41% | — | — | -16.6% |
| PEG | — | — | — | — | — | — | — | — | 0.03 |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| Gross margin | — | — | — | 100% | — | 100% | 100% | 56.5% | 49.2% |
| Operating margin | — | — | — | -14.4K% | — | -618.1% | -8.5K% | -753.5% | -384% |
| Net margin | — | — | — | -13.7K% | — | -522.7% | -9.7K% | -1.7K% | 56.5% |
| ROE | — | — | — | 145.4% | 179.5% | -2.4K% | 2.8K% | -260.3% | -68.1% |
| ROA | — | — | — | -459.7% | -2.8K% | -98.6% | -227.3% | -189.8% | -34.9% |
| ROIC | — | — | — | 245.9% | 149.9% | 151.3% | 615.7% | -176% | -163.5% |
| Return on tangible assets | — | — | — | -460.2% | -2.8K% | -115.4% | -246.6% | 1.2K% | -187.9% |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| Current ratio | — | — | — | 0.18 | 0.04 | 0.89 | 0.53 | 1.43 | 4.87 |
| Quick ratio | — | — | — | 0.18 | 0.04 | 0.89 | 0.53 | 1.39 | 4.85 |
| Debt / equity | — | — | — | -0.59 | — | — | -1.85 | — | 0 |
| Debt / assets | — | — | — | 1.88 | — | — | 0.15 | — | — |
| Net debt / EBITDA | — | — | — | -0.27 | — | — | 0.12 | — | 1.06 |
| Interest coverage | — | — | — | -31.5 | -5.6 | -143.6 | -150.6 | -124 | -313 |
| Effective tax rate | — | — | — | 0% | 0% | 0% | 0% | 0% | 0% |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| Revenue per share | — | — | — | 0 | 0 | 0.06 | 0.02 | 0.09 | 0.12 |
| EPS (basic) | — | — | — | -0.56 | -0.48 | -0.33 | -1.6 | -1.97 | -1.97 |
| EPS (diluted) | — | — | — | -0.56 | -0.48 | -0.33 | -1.6 | -1.97 | -0.51 |
| Book value per share | — | — | — | -0.38 | -0.27 | 0.01 | -0.06 | 0.61 | 0.94 |
| FCF per share | — | — | — | -0.49 | -0.37 | -0.33 | -1 | -0.67 | -0.35 |
| Cash per share | — | — | — | 0.08 | 0.01 | 0.27 | 0.28 | 0.22 | 0.59 |
| Capex per share | — | — | — | 0.08 | 0.03 | 0 | 0.02 | — | — |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| Capex / revenue | — | — | — | 1.9K% | — | 0% | 137% | — | — |
| Capex / operating cash flow | — | — | — | -17.8% | -9.17% | 0% | -2.19% | — | — |
| Payout ratio | — | — | — | — | — | — | — | — | 0% |
| Q4 25 |
|---|
| Q1 26 |
|---|
| Q2 26 |
|---|
| Revenue | $2M | $23K | $19K | $1.9M | $33K | $53K | $43K | $299K | $388K | $412K | $485K | $514K |
| YoY change | — | — | +InfinityT% | -5.98% | +43.5% | +178.9% | — | -84.3% | +1.1K% | +677.4% | +1K% | +71.9% |
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 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 2M | 1M | 1.9M | 653K | 58K | 2.1M | 1.8M | 2.7M |
| Receivables | 652.8K | 668.7K | 1.4M | — | — | 84K | 121K | 194K |
| Inventory | — | — | — | — | — | — | — | 108K |
| Total current assets | 3M | 2.2M | 3.4M | 703K | 83K | 2.3M | 2.6M | 4M |
| Property, plant & equipment | 7.1K | 159.4K | 113.6K | 188K | 0 | 0 | 136K | 146K |
| Goodwill & intangibles | — | — | 0 | 1K | 0 | 386K | 360K | 12.1M |
| Total assets | 3M | 2.4M | 3.8M | 953K | 135K | 2.6M | 4.6M | 10.5M |
| Accounts payable | 25.3K | 216.2K | 103.6K | 500K | 420K | 630K | 1.8M | 1.3M |
| Short-term debt | — | 104K | 138.6K | 1.8M | — | — | 694K | — |
| Total current liabilities | 363.1K | 1.2M | 1.8M | 4M | 2.2M | 2.5M | 5M | 2.8M |
| Long-term debt | — | 45.6K | 357K | — | — | — | — | — |
| Total liabilities | 363.1K | 1.2M | 2.2M | 4M | 2.2M | 2.5M | 5M | 2.8M |
| Shareholders' equity | -11.9M | 1.2M | 1.6M | -3M | -2.1M | 109K | -375K | 7.6M |
| Total debt | — | 149.6K | 495.6K | 1.8M | — | — | 694K | — |
| Net debt | — | -889.9K | -1.4M | 1.1M | — | — | -1.1M | — |
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 | Q2 23 | Q3 23 | Q4 23 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 338.3K | 893K | 2.1M | 244.1K | 1.2M | 1.8M | 9.5M | 5.9M | 4.3M | 2.7M | 3.1M | 9.2M |
| Receivables | 1.7M | — | 84K | 790.4K | — | 121K | 100K | 197K | 184K | 194K | 129K | 150K |
| Inventory | — | — | — | — | — | — | — | 133K | 80K | 108K | 103K | 44K |
| Total current assets | 2.6M | 947K | 2.3M | 1.2M | 2.7M | 2.6M | 10.4M | 7.5M | 5.4M | 4M | 4.5M | 10.2M |
| Property, plant & equipment | 391.4K | — | 0 | 70.4K | 72K | 136K | 134K | 135K | 235K | 146K | 197K | 230K |
| Goodwill & intangibles | 4.4M | — | 386K | 4.1M | 2.2M | 360K | 340K | 12.5M | 12.1M | 12.1M | 12M | 11.9M |
| Total assets | 6.2M | 999K | 2.6M | 3.3M | 5.3M | 4.6M | 12.4M | 14.9M | 12.4M | 10.5M | 10.9M | 16.8M |
| Accounts payable | 839.7K | 432K | 630K | 759.2K | 1.4M | 1.8M | 1.6M | 1.5M | 1.3M | 1.3M | 1.3M | 881K |
| Short-term debt | 1.4M | — | — | 339.6K | — | 694K | — | — | — | — | — | — |
| Total current liabilities | 3.4M | 1.9M | 2.5M | 1.9M | 2.5M | 5M | 7.2M | 2.8M | 2.7M | 2.8M | 2.5M | 2.1M |
| Long-term debt | 190.7K | — | — | 0 | — | — | — | — | — | — | — | — |
| Total liabilities | 3.6M | 1.9M | 2.5M | 1.9M | 2.5M | 5M | 7.2M | 2.8M | 2.8M | 2.8M | 2.5M | 2.1M |
| Shareholders' equity | 2.6M | -913K | 109K | 1.4M | 2.8M | -375K | 5.2M | 12.1M | 9.7M | 7.6M | 8.4M | 14.7M |
| Total debt | 1.6M | — | — | 339.6K | — | 694K | — | — | — | — | — | — |
| Net debt | 1.3M | — | — | 95.5K | — | -1.1M | — | — | — | — | — | — |
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 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Net income | -4.4M | -3.8M | -2.6M | -10.5M | -19.9M |
| Depreciation & amortization | 429K | 14K | 0 | 67K | 172K |
| Stock-based compensation | 608K | 60K | 295K | 2.7M | 781K |
| Change in working capital | -138K | 397K | -939K | 859K | -739K |
| Operating cash flow | -3.4M | -2.9M | -3.2M | -6.8M | -8.2M |
| Capital expenditure | 597K | 262K | 0 | -148K | — |
| Investing cash flow | 1.6M | 262K | 0 | -210K | -2.4M |
| Dividends paid | — | — | — | — | — |
| Share repurchases | — | — | — | — | — |
| Financing cash flow | 2M | 2M | 4.6M | 6.3M | 2.5M |
| Net change in cash | 284K | -561K | 1.4M | -718K | -8M |
| Free cash flow | -3.8M | -2.9M | -2.6M | -6.6M | -8.3M |
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 22 | Q3 23 | Q4 23 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income | -802K | -746.8K | -1.1M | 58.4K | -4.3M | -3.8M | -12.9M | -1.8M | -2.6M | -2.5M | -2M | -2M |
| Depreciation & amortization | 0 | -171.9K | 0 | 145.6K | 4K | 59K | 19K | 43K | 58K | 52K | 45K | 47K |
| Stock-based compensation | 36K | -149.3K | 68K | 115K | 2.5M | 79K | 247K | 77K | 215K | 242K | 423K | 409K |
| Change in working capital | 212K | -510.8K | -478K | 324.9K | -376K | 411K | -196K | -314K | -173K | -56K | -53K | -370K |
| Operating cash flow | -554K | -1.6M | -1.5M | 643.9K | -2.1M | -3.2M | -12.6M | -2.4M | -1.5M | -1.8M | -1.9M | -1.8M |
| Capital expenditure | 0 | — | 0 | — | -4K | -80K | -7K | — | — | — | — | — |
| Investing cash flow | 0 | — | 0 | — | -4K | -217K | -7K | — | 0 | 0 | — | — |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | 244K | 1.9M | 2.1M | -945K | 3.4M | -85K | 1.4M | 1.1M | -29K | -2.5M | 2.2M | 7.9M |
| Net change in cash | -310K | 286.9K | 659K | -301.1K | 1.3M | -3.5M | -11.2M | -1.3M | -1.5M | -4.3M | 288K | 6.1M |
| Free cash flow | -452K | 491.5K | -896K | 1.2M | -2.7M | -1.2M | -2.5M | -2.4M | -1.6M | -1.8M | -2M | -1.8M |