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 % |
|---|---|---|---|---|---|---|
| Q2 26 | -$0.03 | -$0.04 | -33.3% | — | $4.1M | — |
| Q1 26 | -$0.01 | -$0.04 | -300.0% | — | $6.4M | — |
| Q4 25 | -$0.01 | -$0.03 | -200.0% | — | $6.5M | — |
| Q3 25 | $0.02 | -$0.09 | -550.0% | — | $1.2M | — |
| Q2 25 | — | -$0.06 | — | — | $2.1M | — |
| Q1 25 | -$0.03 | -$0.05 | -66.7% | — | $5.5M | — |
| Q4 24 | -$0.04 | -$0.07 | -75.0% | — | $3.2M | — |
| Q3 24 | -$0.03 | -$0.05 | -66.7% | — | $2.9M | — |
| Q2 24 | — | $0.02 | — | — | $6.4M | — |
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 | — | $0.9 | — | — | $15.3M | — |
| FY24 | — | -$2.34 | — | — | $23.1M | — |
| FY23 | — | $1.2 | — | — | — | — |
| FY22 | — | -$0.02 | — | — | $14.5M | — |
| FY21 | — | -$0.22 | — | — |
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 | $13M | $14.5M | — | $23.1M | $15.3M |
| YoY change | — | +11.6% | — | — | -33.5% |
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 |
|---|
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 | 13M | 14.5M | — | 23.1M | 15.3M |
| Cost of revenue | 6.1M | 6.1M | — | 12.5M | 7.6M |
| Gross profit | 7M | 8.4M | — | 10.5M | 7.7M |
| Gross margin | 53.6% | 57.9% | — | 45.7% | 50.2% |
| Research & development | 4.2M | 3.6M | — | 2.8M | 3.1M |
| Selling, general & administrative | 8.9M | 7.6M | — | 11.2M | 11.8M |
| Operating expenses | 13.1M | 11.2M | — | 14M | 14.9M |
| Operating income | -6.1M | -2.8M | — | -3.5M | -7.2M |
| Operating margin | -47% | -19.4% | — | -15.2% | -47.1% |
| Non-operating income, net | 995.8K | 2.4M | — | -53M | 36.3M |
| Pretax income | -5.1M | -477.5K | — | -57.5M | 29.3M |
| Income tax | 0 | 10K | — | 0 | 0 |
| Net income | -5.1M | -487.5K | — | -57.5M | 29.3M |
| Net margin | -39.3% | -3.35% | — | -249.3% | 191.4% |
| EBITDA | -6M | -1M | — | -4.4M | -43.1M |
| EPS | -0.22 | -0.02 | 1.2 | -2.34 | 0.9 |
| Diluted EPS | -0.22 | -0.02 | 0.8 | -2.34 | 0.76 |
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 | 2.4M | 4.2M | 10.6M | 6.4M | 2.9M | 3.2M | 5.5M | 2.1M | 1.2M | 6.5M | 6.4M | 4.1M |
| Cost of revenue | 782.4K | 2.5M | 7.9M | 1.9M | 714.3K | 2M | 3.3M | 614.4K | 573.6K | 3.2M | 3.2M | 1M |
| Gross profit | 1.6M | 1.7M | 2.6M | 4.5M | 2.2M | 1.2M | 2.2M | 1.5M | 603.8K | 3.3M | 3.2M | 3.1M |
| Gross margin | 67.2% | 40.1% | 24.9% | 70.4% | 75.1% | 38.6% | 40.6% | 71.4% | 51.3% | 51.2% | 49.8% | 75.1% |
| Research & development | 688.8K | 701.4K | 695.4K | 702.8K | 1.1M | 333K | 719.4K | 740.6K | 753.2K | 863.3K | 843.7K | 854.2K |
| Selling, general & administrative | 2.1M | 1.6M | 3.3M | 2.8M | 2.7M | 2.4M | 3.2M | 2.8M | 2.7M | 3.1M | 3.9M | 3.7M |
| Operating expenses | 2.8M | 2.3M | 4M | 3.5M | 3.7M | 2.7M | 3.9M | 3.6M | 3.5M | 3.9M | 4.7M | 4.6M |
| Operating income | -1.2M | -624.5K | -1.4M | 976.3K | -1.6M | -1.5M | -1.7M | -2M | -2.9M | -612.8K | -1.6M | -1.5M |
| Operating margin | -51.6% | -14.8% | -13.3% | 15.3% | -55.4% | -46.5% | -31.2% | -94.2% | -243.5% | -9.44% | -24.9% | -36.1% |
| Non-operating income, net | -403.6K | 23.5M | -30.5M | 17.9M | 7.9M | -48.3M | 25.3M | -21.8M | 9.2M | 23.5M | 773.2K | -1M |
| Pretax income | -1.7M | 22.9M | -32M | 18.5M | 6.2M | -50.2M | 23.7M | -23.8M | 6.4M | 23M | -720.6K | -2.4M |
| Income tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net income | -1.7M | 22.9M | -32M | 18.5M | 6.2M | -50.2M | 23.7M | -23.8M | 6.4M | 23M | -720.6K | -2.4M |
| Net margin | -69.9% | 543.3% | -302.3% | 288.4% | 216.7% | -1.6K% | 430.8% | -1.1K% | 544.4% | 353.6% | -11.3% | -58.4% |
| EBITDA | -1.1M | -274.4K | -1.5M | 1M | -2M | -2M | -27M | 19.9M | -12M | -24M | -2.3M | -359.9K |
| EPS | -0.06 | — | -1.4 | 0.8 | 0.25 | — | 0.75 | -0.75 | 0.2 | — | -0.02 | -0.07 |
| Diluted EPS | -0.06 | — | -1.4 | 0.58 | 0.17 | — | 0.61 | -0.75 | 0.15 | — | -0.02 | -0.07 |
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 | 223.3M | 229.9M | — | — | — | 62M |
| Enterprise value | 223.1M | 230.9M | — | — | — | 51M |
| Shares outstanding | 22.8M | 22.8M | 13.7M | 24.6M | 32.4M | 32.4M |
| Metric | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | 2.72 |
| P/S | 17.1 | 15.8 | — | — | — | 3.45 |
| P/B | -26.6 | -27.5 | — | — | — | -7.21 |
| EV/EBITDA | -36.9 | -227.2 | — | — | — | -1.18 |
| EV/Sales | 17.1 | 15.9 | — | — | — | 2.81 |
| Earnings yield | — | — | — | — | — | 36.8% |
| FCF yield | -2.3% | -1.26% | — | — | — | -5.55% |
| PEG | — | — | — | — | — | -0.03 |
| Metric | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|
| Gross margin | 53.6% | 57.9% | — | 45.7% | 50.2% | 75.1% |
| Operating margin | -47% | -19.4% | — | -15.2% | -47.1% | -36.1% |
| Net margin | -39.3% | -3.35% | — | -249.3% | 191.4% | 144.6% |
| ROE | 61% | 5.83% | — | 108.4% | -410.1% | -410.1% |
| ROA | -121.4% | -12.5% | — | -419.2% | 150.6% | -29.4% |
| ROIC | 71.1% | 38.2% | — | 5.52% | 40% | 32.2% |
| Return on tangible assets | -121.4% | -12.5% | — | -419.2% | 150.6% | 147.9% |
| Metric | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|
| Current ratio | 0.45 | 0.33 | — | 2.24 | 2.94 | 3.18 |
| Quick ratio | 0.45 | 0.33 | — | 2.24 | 2.94 | 3.02 |
| Debt / equity | -0.14 | -0.15 | — | -0.02 | -0.12 | -0 |
| Debt / assets | 0.27 | 0.32 | — | 0.07 | 0.04 | 0.04 |
| Net debt / EBITDA | 0.03 | -0.94 | — | 2.37 | 0.25 | 0.3 |
| Interest coverage | -240.8 | -5.34 | — | -56.3 | — | — |
| Effective tax rate | 0% | 0% | — | 0% | 0% | 0% |
| Metric | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|
| Revenue per share | 0.57 | 0.64 | — | 0.94 | 0.47 | 0.54 |
| EPS (basic) | -0.22 | -0.02 | 1.2 | -2.34 | 0.9 | 0.9 |
| EPS (diluted) | -0.22 | -0.02 | 0.8 | -2.34 | 0.76 | 0.67 |
| Book value per share | -0.37 | -0.37 | — | -2.16 | -0.22 | -0.25 |
| FCF per share | -0.22 | -0.13 | — | -0.26 | -0.25 | -0.1 |
| Cash per share | 0.06 | 0.01 | — | 0.46 | 0.36 | 0.36 |
| Metric | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|
| Payout ratio | — | — | — | — | — | 0% |
| $13M |
| — |
| Q1 26 |
|---|
| Q2 26 |
|---|
| Revenue | $2.4M | $4.2M | $10.6M | $6.4M | $2.9M | $3.2M | $5.5M | $2.1M | $1.2M | $6.5M | $6.4M | $4.1M |
| YoY change | — | — | +259.9% | +131.1% | +20.3% | -23.8% | -48% | -66.5% | -58.9% | +102.5% | +15.5% | +92.1% |
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 | FY24 | FY25 |
|---|---|---|---|---|
| Cash & short-term investments | 1.3M | 298.6K | 11.4M | 11.8M |
| Receivables | 831.4K | 705.8K | 1.2M | 6.5M |
| Inventory | — | — | — | — |
| Total current assets | 2.2M | 2M | 12.7M | 18.5M |
| Property, plant & equipment | 31.6K | 821.1K | 882K | 807.9K |
| Goodwill & intangibles | — | — | — | — |
| Total assets | 4.2M | 3.9M | 13.7M | 19.5M |
| Accounts payable | 173.7K | 216.7K | 759.5K | 1.1M |
| Short-term debt | — | 921.3K | 305.2K | 438.6K |
| Total current liabilities | 5M | 6M | 5.7M | 6.3M |
| Long-term debt | 1.1M | 335.4K | 638.5K | 425.1K |
| Total liabilities | 12.6M | 12.3M | 66.7M | 26.6M |
| Shareholders' equity | -8.4M | -8.4M | -53M | -7.1M |
| Total debt | 1.1M | 1.3M | 943.7K | 863.7K |
| Net debt | -203.2K | 958.1K | -10.5M | -10.9M |
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 | 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 | 1.7M | 226.8K | 6.5M | 11.4M | 8.8M | 6.3M | 5.8M | 11.8M | 12.6M | 12.4M |
| Receivables | 665.2K | 1.7M | 3.4M | 1.1M | 1.2M | 2.8M | 2.6M | 1.2M | 6.5M | 5.4M | 3.7M |
| Inventory | — | — | — | — | — | — | — | — | — | — | 843.6K |
| Total current assets | 2.9M | 3.5M | 4.2M | 8M | 12.7M | 11.7M | 8.9M | 7M | 18.5M | 18.3M | 17M |
| Property, plant & equipment | 455.4K | 1M | 953.7K | 929.9K | 882K | 1.1M | 1M | 908K | 807.9K | 705.6K | 601K |
| Goodwill & intangibles | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | 3.4M | 4.7M | 5.3M | 9.1M | 13.7M | 12.9M | 10.1M | 8.1M | 19.5M | 19.1M | 17.7M |
| Accounts payable | 223.2K | 3.4M | 1.5M | 722.7K | 759.5K | 2.2M | 393.3K | 339.5K | 1.1M | 1.2M | 510.6K |
| Short-term debt | 2.5M | 4.4M | 2.9M | 2.1M | 305.2K | 405.9K | 416.6K | 427.5K | 438.6K | 450K | 461.5K |
| Total current liabilities | 8.5M | 13.4M | 10.9M | 8M | 5.7M | 6.3M | 5.5M | 5.5M | 6.3M | 7.2M | 5.3M |
| Long-term debt | 0 | 870.5K | 796K | 718.4K | 638.5K | 758.4K | 650.7K | 539.4K | 425.1K | 308.4K | 189.2K |
| Total liabilities | 14.1M | 52.7M | 33.3M | 22M | 66.7M | 36.4M | 57M | 48.2M | 26.6M | 26.3M | 26.4M |
| Shareholders' equity | -10.7M | -48.1M | -28M | -12.9M | -53M | -23.5M | -46.9M | -40.1M | -7.1M | -7.2M | -8.6M |
| Total debt | 2.5M | 5.3M | 3.7M | 2.8M | 943.7K | 1.2M | 1.1M | 966.9K | 863.7K | 758.4K | 650.7K |
| Net debt | 251.6K | 3.5M | 3.4M | -3.7M | -10.5M | -7.6M | -5.2M | -4.8M | -10.9M | -11.8M | -11.7M |
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 | FY21 | FY22 | FY24 | FY25 |
|---|---|---|---|---|
| Net income | -5.1M | -487.5K | -57.5M | 29.3M |
| Depreciation & amortization | 53.2K | 532.1K | 224.6K | 378.4K |
| Stock-based compensation | 898.9K | 546.5K | 1.4M | 1.6M |
| Change in working capital | 33.9K | -2.4M | -2.5M | -3.2M |
| Operating cash flow | -4.1M | -1.8M | -37.9M | -8M |
| Capital expenditure | — | — | — | — |
| Investing cash flow | — | — | — | — |
| Dividends paid | — | — | — | — |
| Share repurchases | — | — | — | — |
| Financing cash flow | 3.6M | 1.9M | 6.8M | -1.3M |
| Net change in cash | -516.4K | 86K | -31M | -9.3M |
| Free cash flow | -5.1M | -2.9M | -6.5M | -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 | 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 | -1.7M | 22.9M | -32M | 18.5M | 6.2M | -50.2M | 23.7M | -23.8M | 6.4M | 23M | -720.6K | -2.4M |
| Depreciation & amortization | 158.8K | 352.2K | 82.2K | 70.8K | 23.8K | 47.9K | 83.4K | 96.6K | 98.3K | 100.1K | 102.4K | 104.6K |
| Stock-based compensation | 206.5K | 235.8K | 269K | 261.6K | 557.6K | 274.5K | 428.3K | 372.1K | 355.4K | 474.1K | 666.1K | 950.6K |
| Change in working capital | -807.4K | -827.8K | -1M | -2.2M | 751.8K | -879.3K | -2.4M | 1.5M | 1.8M | -4.1M | 1.5M | 1.3M |
| Operating cash flow | -2.1M | 437.4K | -11M | 2.5M | 2.5M | -32.6M | 12M | -1.8M | -583.6K | -3.5M | 814.5K | -235.2K |
| Capital expenditure | — | — | — | — | — | — | — | — | — | — | — | — |
| Investing cash flow | — | — | — | — | — | — | — | — | — | — | — | — |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | 50K | 825.2K | 0 | 0 | 0 | 0 | -600K | -700K | 0 | 0 | — | — |
| Net change in cash | -2.1M | 1.3M | -11M | 2.5M | 2.5M | -32.6M | 11.4M | -2.5M | -583.6K | -3.5M | 814.5K | -235.2K |
| Free cash flow | -1.8M | -767.3K | -1.7M | -2.5M | -251.4K | -2.1M | -2.1M | -1.8M | -583.6K | -3.5M | 814.5K | -235.2K |