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 26 | -$1 | -$0.82 | +18.0% | — | $841.1K | — |
| Q4 25 | -$0.87 | -$0.25 | +71.3% | — | $895.3K | — |
| Q3 25 | -$1 | -$0.83 | +17.0% | — | $1.4M | — |
| Q2 25 | -$1 | -$1.93 | -93.0% | — | $1.3M | — |
| Q1 25 | -$1 | -$1.22 | -22.0% | — | $925.6K | — |
| Q3 24 | -$0.75 | -$0.75 | 0.0% | — | $339.2K | — |
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 | — | -$5.75 | — | — | $4.5M | — |
| FY24 | — | -$0.58 | — | — | $948.4K | — |
| FY23 | — | -$0.13 | — | — | $419.4K | — |
| FY22 | — | -$0.13 | — | — | $305.4K | — |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|
| Revenue | $305.4K | $419.4K | $948.4K | $4.5M |
| YoY change | — | +37.3% | +126.1% | +376.4% |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | Q3 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 |
|---|
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|
| Revenue | 305.4K | 419.4K | 948.4K | 4.5M |
| Cost of revenue | 167.2K | 293.2K | 302.1K | 2.1M |
| Gross profit | 138.2K | 126.2K | 646.3K | 2.5M |
| Gross margin | 45.3% | 30.1% | 68.1% | 54.3% |
| Research & development | — | — | — | — |
| Selling, general & administrative | 4.5M | 4.6M | 5.8M | 15.7M |
| Operating expenses | 4.8M | 4.9M | 7.1M | 17.7M |
| Operating income | -4.8M | -4.9M | -6.7M | -15.8M |
| Operating margin | -1.6K% | -1.2K% | -706.4% | -349.4% |
| Non-operating income, net | -385.9K | -334.2K | -703.6K | -988.7K |
| Pretax income | -5.4M | -5.5M | -7.7M | -17.6M |
| Income tax | 0 | 0 | -54.3K | 0 |
| Net income | -5.4M | -5.5M | -26M | -17.6M |
| Net margin | -1.8K% | -1.3K% | -2.7K% | -389.3% |
| EBITDA | -5.1M | -5.1M | -6.7M | -15.7M |
| EPS | -0.13 | -0.13 | -0.58 | -5.75 |
| Diluted EPS | -0.13 | -0.13 | -0.58 | -5.75 |
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | Q3 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 37.1K | 322.6K | 20.4K | 62.4K | 339.2K | 526.4K | 925.6K | 1.3M | 1.4M | 895.3K | 841.1K | 1.1M |
| Cost of revenue | 39.6K | 158.8K | 18.2K | 18.3K | 113.4K | 162.4K | 407K | 630.9K | 695.6K | 333.6K | 288.8K | 377.4K |
| Gross profit | -2.6K | 163.7K | 2.2K | 44.1K | 225.9K | 364K | 518.7K | 621.5K | 749.6K | 561.7K | 552.3K | 732.9K |
| Gross margin | -6.95% | 50.8% | 10.7% | 70.7% | 66.6% | 69.2% | 56% | 49.6% | 51.9% | 62.7% | 65.7% | 66% |
| Research & development | — | — | — | — | — | — | — | — | — | — | — | — |
| Selling, general & administrative | 1.5M | 1.7M | 965K | 918.3K | 1.5M | 2.4M | 2.3M | 4.1M | 5.1M | 4.2M | 4.1M | 2.9M |
| Operating expenses | 1.5M | 1.7M | 1.2M | 1.2M | 1.8M | 3M | 2.8M | 4.5M | 5.6M | 4.9M | 4.7M | 3.5M |
| Operating income | -1.5M | -1.9M | -1.3M | -1.2M | -1.7M | -2.6M | -2.4M | -4M | -4.9M | -4.5M | -4.3M | -2.9M |
| Operating margin | -4K% | -590.1% | -6.4K% | -1.9K% | -498.1% | -489.3% | -261.7% | -318.1% | -342.4% | -500.5% | -509% | -260.7% |
| Non-operating income, net | — | -355.9K | -101.1K | -267.4K | -289.5K | 37.7K | -222.8K | 165.2K | -444.2K | -486.9K | -33.2K | -137.4K |
| Pretax income | -1.5M | -2.3M | -1.4M | -1.5M | -2.1M | -2.7M | -2.9M | -4.1M | -5.8M | -4.8M | -4.3M | -3M |
| Income tax | — | — | 0 | — | — | — | — | 0 | 0 | 0 | 0 | 0 |
| Net income | -1.5M | -2.3M | -1.4M | -1.5M | -2.1M | -21M | -2.9M | -4.1M | -5.8M | -4.8M | -4.3M | -3M |
| Net margin | -4.1K% | -714% | -6.9K% | -2.4K% | -618.6% | -4K% | -307.9% | -328.2% | -400.1% | -541.5% | -515.8% | -274.6% |
| EBITDA | -1.5M | -2.2M | -1.3M | -1.4M | -1.8M | -2.2M | -2.4M | -4.1M | -5.2M | -4M | -4.1M | -2.7M |
| EPS | -0.04 | — | -0.03 | -0.03 | -0.05 | — | -0.06 | -2 | -1.75 | — | -0.75 | -0.57 |
| Diluted EPS | -0.04 | — | -0.03 | -0.03 | -0.05 | — | -0.06 | -2 | -1.75 | — | -0.75 | -0.57 |
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 | — | — | — | 3.2B | — | 8.2M |
| Enterprise value | — | — | — | 3.2B | — | 7.2M |
| Shares outstanding | — | 42.5M | 42.5M | 44.6M | 3.1M | 3.1M |
| Metric | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | -0.24 |
| P/S | — | — | — | 3.4K | — | 1.9 |
| P/B | — | — | — | 2.1K | — | 1.31 |
| EV/EBITDA | — | — | — | -479.3 | — | -0.44 |
| EV/Sales | — | — | — | 3.4K | — | 1.67 |
| Earnings yield | — | — | — | — | — | -413.7% |
| FCF yield | — | — | — | -0.2% | — | -90% |
| PEG | — | — | — | — | — | 0 |
| Metric | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|
| Gross margin | — | 45.3% | 30.1% | 68.1% | 54.3% | 66% |
| Operating margin | — | -1.6K% | -1.2K% | -706.4% | -349.4% | -260.7% |
| Net margin | — | -1.8K% | -1.3K% | -2.7K% | -389.3% | 54.3% |
| ROE | — | 101.4% | -41.4% | -1.7K% | -140.5% | -620.7% |
| ROA | — | -78.3% | -25.8% | -217% | -81% | -67.5% |
| ROIC | — | -575.7% | -25.7% | -151.6% | -308.2% | -349.7% |
| Return on tangible assets | — | -94.8% | 76% | 810.5% | 969.7% | 229.6% |
| Metric | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|
| Current ratio | — | 0.19 | 0.61 | 0.98 | 2.7 | 1.02 |
| Quick ratio | — | 0.19 | 0.61 | 0.98 | 2.7 | 1.02 |
| Debt / equity | — | -1.55 | 0.56 | 3.81 | 0.03 | 0.05 |
| Debt / assets | — | 1.19 | 0.35 | 0.5 | 0.02 | 0.02 |
| Net debt / EBITDA | — | -1.22 | -1.18 | -0.42 | 0.47 | 0.12 |
| Interest coverage | — | -29.4 | -31.1 | -22.2 | -20.6 | -32.2 |
| Effective tax rate | — | 0% | 0% | 0% | 0% | 0% |
| Metric | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|
| Revenue per share | — | 0.01 | 0.01 | 0.02 | 1.48 | 0.9 |
| EPS (basic) | — | -0.13 | -0.13 | -0.58 | -5.75 | -5.75 |
| EPS (diluted) | — | -0.13 | -0.13 | -0.58 | -5.75 | -3.17 |
| Book value per share | — | -0.13 | 0.31 | 0.04 | 4.1 | 1.04 |
| FCF per share | — | -0.24 | -0.13 | -0.15 | -3.76 | -2.29 |
| Cash per share | — | 0.05 | 0.03 | 0.07 | 2.55 | 0.38 |
| Capex per share | — | 0.1 | 0 | 0 | 0.06 | 0.06 |
| Metric | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|
| Capex / revenue | — | 1.4K% | 4.7% | 1.32% | 3.9% | 3.9% |
| Capex / operating cash flow | — | -81.1% | -0.39% | -0.05% | -1.56% | -1.56% |
| Payout ratio | — | — | — | — | — | 0% |
| Revenue | $37.1K | $322.6K | $20.4K | $62.4K | $339.2K | $526.4K | $925.6K | $1.3M | $1.4M | $895.3K | $841.1K | $1.1M |
| YoY change | -61% | +429.6% | -77% | -43.6% | +815.1% | +63.2% | +4.4K% | +1.9K% | +326% | +70.1% | -9.14% | -11.3% |
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 | 108.2K | 2.1M | 1.3M | 3.1M | 7.8M |
| Receivables | 0 | 133.8K | 68.1K | 182.4K | 68.1K |
| Inventory | — | — | — | — | — |
| Total current assets | 337.9K | 2.4M | 4.7M | 4M | 9.8M |
| Property, plant & equipment | — | 493K | 246.4K | 102.6K | 64.6K |
| Goodwill & intangibles | — | 1.2M | 28.3M | 15.2M | 23.5M |
| Total assets | 1.5M | 6.9M | 21.1M | 12M | 21.7M |
| Accounts payable | — | 81.4K | 412.9K | 655.8K | 306.2K |
| Short-term debt | 1M | 8.2M | 7.1M | 781.1K | 296.2K |
| Total current liabilities | 1M | 12.2M | 7.7M | 4.1M | 3.6M |
| Long-term debt | — | — | 247K | 5.2M | 88.4K |
| Total liabilities | 1M | 12.2M | 7.9M | 10.4M | 9.2M |
| Shareholders' equity | 471.6K | -5.3M | 13.2M | 1.6M | 12.5M |
| Total debt | 1M | 8.2M | 7.3M | 6M | 384.6K |
| Net debt | 899.8K | 6.2M | 6.1M | 2.9M | -7.4M |
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 | Q3 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 2.3M | 1.3M | 4.8M | 3.7M | 7.1M | 3.1M | 1.2M | 587.3K | 9.3M | 7.8M | 4.7M | 2.2M |
| Receivables | 14.8K | 68.1K | 12.2K | 34.3K | 171.8K | 182.4K | 164.7K | 197.2K | 42.9K | 68.1K | 91.6K | 165K |
| Inventory | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 2.5M | 4.7M | 5.7M | 4.5M | 8M | 4M | 6.9M | 5.1M | 12.2M | 9.8M | 5.9M | 3.5M |
| Property, plant & equipment | — | 246.4K | 27.9K | 100.5K | — | 102.6K | 101.4K | 51.3K | 50.4K | 64.6K | 103.2K | 106K |
| Goodwill & intangibles | — | 28.3M | 38.4M | 39.5M | 51.7M | 15.2M | 20.7M | 18.7M | 14.6M | 23.5M | 23.2M | 23M |
| Total assets | 4.8M | 21.1M | 25.4M | 24.6M | 34.2M | 12M | 18.5M | 15.5M | 19.7M | 21.7M | 17.6M | 15.1M |
| Accounts payable | 191.2K | 412.9K | 433.6K | 536.5K | 614.5K | 655.8K | 940.9K | 1.2M | 200.4K | 306.2K | 551.5K | 724.4K |
| Short-term debt | 1.5M | 7.1M | 118.8K | 47.5K | 4.1M | 781.1K | 5.7M | 4.3M | 488.5K | 296.2K | 258.9K | 245.9K |
| Total current liabilities | 2.2M | 7.7M | 1.1M | 1.4M | 7.7M | 4.1M | 11.8M | 9.5M | 3.1M | 3.6M | 2.7M | 3.4M |
| Long-term debt | — | 247K | — | 53.3K | 2.9M | 5.2M | 244.2K | 175.4K | 110.2K | 88.4K | 71.6K | 54.9K |
| Total liabilities | 2.2M | 7.9M | 2.1M | 2.4M | 11.6M | 10.4M | 19.5M | 16.6M | 8.8M | 9.2M | 8.3M | 8.5M |
| Shareholders' equity | 2.6M | 13.2M | 23.3M | 22.2M | 22.6M | 1.6M | -965.2K | -1.1M | 10.9M | 12.5M | 9.3M | 6.7M |
| Total debt | 1.5M | 7.3M | 118.8K | 100.9K | 7M | 6M | 5.9M | 4.5M | 598.7K | 384.6K | 330.5K | 300.8K |
| Net debt | -859.7K | 6.1M | -4.7M | -3.6M | -55.1K | 2.9M | 4.7M | 3.9M | -8.7M | -7.4M | -4.3M | -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 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|
| Net income | -5.4M | -5.5M | -26M | -17.6M |
| Depreciation & amortization | 151.5K | 157.8K | 466.7K | 543.2K |
| Stock-based compensation | — | — | 316.2K | 860K |
| Change in working capital | -169.2K | 198.6K | 287.8K | -250.9K |
| Operating cash flow | -5.4M | -5.1M | -24.3M | -11.3M |
| Capital expenditure | -4.4M | 19.7K | -12.5K | -176.1K |
| Investing cash flow | -4.5M | -5.3K | -1.3M | -1.7M |
| Dividends paid | — | — | — | — |
| Share repurchases | — | — | — | — |
| Financing cash flow | 10.3M | 3M | 4.3M | 17.7M |
| Net change in cash | 370K | -2.1M | -21.3M | 4.7M |
| Free cash flow | -10.4M | -5.4M | -6.6M | -11.5M |
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 | Q3 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income | -623.1K | -2.3M | -1.4M | -1.5M | -2.1M | -21M | -2.9M | -4.1M | -5.1M | -4.8M | -4.3M | -3M |
| Depreciation & amortization | 33.6K | 50.5K | 71.5K | 69.3K | 163.4K | 162.5K | 130.4K | 82.3K | 132K | 149.7K | 165.2K | 167.5K |
| Stock-based compensation | — | — | — | 203.1K | 113K | 82 | 78.4K | 299K | 180.4K | 302K | 340.8K | 371.5K |
| Change in working capital | -588.2K | 86.9K | -11.6K | 174.8K | -78.5K | -75K | 225.7K | 9.3K | -1.2M | 675.4K | 473.9K | -120.4K |
| Operating cash flow | -1.2M | -2.2M | -1.2M | -906K | -1.8M | -20.6M | -2.1M | -2.3M | -4.2M | -2.4M | -3.1M | -2.4M |
| Capital expenditure | — | — | 78K | -79.2K | -7.5K | -3.8K | -13.7K | — | — | -19.3K | -16.5K | — |
| Investing cash flow | — | — | 78K | -78.5K | -28.8K | -1.3M | 335.9K | 0 | 0 | -1.7M | -16.5K | 0 |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | 3.5M | -602.7K | -71.3K | -72.6K | 4.9M | 196.4K | 103K | 2M | 13.2M | 2.6M | 72.1K | -29.8K |
| Net change in cash | 2.3M | -2.8M | -1.2M | -1.1M | 3.1M | -21.7M | -1.6M | -328.4K | 8.9M | -1.5M | -3.1M | -2.4M |
| Free cash flow | -2.5M | -936K | -1.6M | -1.1M | -1.5M | -2.3M | -2.4M | -2.4M | -4.3M | -2.4M | -3.2M | -2.4M |