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 | $0.05 | +66.7% | — | $43M | — |
| Q1 26 | $0.01 | -$0.02 | -300.0% | — | $25.4M | — |
| Q3 25 | — | $0.13 | — | — | $8.7M | — |
| Q2 25 | -$0.01 | -$0.3 | -2900.0% | — | $7.2M | — |
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 | — | -$0.78 | — | — | $32.5M | — |
| FY24 | — | -$0.09 | — | — | $28.8M | — |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | FY24 | FY25 |
|---|---|---|
| Revenue | $28.8M | $32.5M |
| YoY change | — | +12.8% |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $5.7M | $4.8M | $6.3M | $7.9M | $7.2M | $8.7M | $8.7M | $25.4M | $43M |
| YoY change | — | — |
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | FY24 | FY25 |
|---|---|---|
| Revenue | 28.8M | 32.5M |
| Cost of revenue | 26.9M | 30.1M |
| Gross profit | 2M | 2.4M |
| Gross margin | 6.83% | 7.3% |
| Research & development | — | — |
| Selling, general & administrative | 8.9M | 31.6M |
| Operating expenses | 8.9M | 31.6M |
| Operating income | -6.9M | -29.2M |
| Operating margin | -24% | -89.9% |
| Non-operating income, net | -4.4M | -129.7M |
| Pretax income | -15.9M | -161.4M |
| Income tax | 372K | 470K |
| Net income | -16.3M | -161.9M |
| Net margin | -56.5% | -498% |
| EBITDA | -5.8M | -26.6M |
| EPS | -0.09 | -0.78 |
| Diluted EPS | -0.09 | -0.78 |
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 5.7M | 4.8M | 6.3M | 7.9M | 7.2M | 8.7M | 8.7M | 25.4M | 43M |
| Cost of revenue | 4.9M | 4.3M | 6.8M | 7.2M | 8.1M | 7.4M | 7.4M | 12.4M | 16.9M |
| Gross profit | 876.4K | 464.8K | -503K | 752K | -944K | 1.3M | 1.3M | 13M | 26.1M |
| Gross margin | 15.3% | 9.66% | -8.01% | 9.51% | -13.1% | 14.4% | 15.1% | 51.2% | 60.7% |
| Research & development | — | — | — | — | — | — | — | — | — |
| Selling, general & administrative | 1.5M | 2M | 2.1M | 4.3M | 10.9M | 4.4M | 12.1M | 10.8M | 10M |
| Operating expenses | 1.5M | 2M | 2.1M | 4.3M | 10.9M | 4.4M | 12.1M | 10.8M | 10M |
| Operating income | -626K | -1.5M | -2.6M | -3.5M | -11.8M | -3.1M | -10.8M | 2.2M | 16.1M |
| Operating margin | -10.9% | -31.6% | -42.1% | -44.3% | -164.1% | -36.2% | -123.6% | 8.83% | 37.5% |
| Non-operating income, net | 144.7K | -1.2M | -1.8M | -29.8M | -45.3M | 37.6M | -92.1M | -6.6M | 173.8M |
| Pretax income | -1.3M | -3.5M | -5.4M | -34.5M | -58.3M | 33.4M | -102M | -2.5M | 188M |
| Income tax | 0 | 267.8K | -11K | 92K | -58K | 163K | 273K | 2.7M | 6.2M |
| Net income | -1.3M | -3.8M | -5.4M | -34.6M | -58.2M | 33.2M | -102.3M | -5.3M | 181.8M |
| Net margin | -22.6% | -78.3% | -86.1% | -437.8% | -809.4% | 381.7% | -1.2K% | -20.7% | 422.9% |
| EBITDA | -413.2K | -1.3M | -2.4M | -3.2M | -11.5M | -2.9M | -9M | 4.8M | 20.3M |
| EPS | -0.01 | -0.03 | — | -0.2 | -0.3 | 0.15 | — | -0.02 | 0.64 |
| Diluted EPS | -0.01 | -0.03 | — | -0.2 | -0.3 | 0.13 | — | -0.02 | 0.62 |
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 | FY24 | FY25 |
|---|---|---|
| Cash & short-term investments | 7.8M | 265.9M |
| Receivables | 2.9M | 3.1M |
| Inventory | 6.7M | 9.4M |
| Total current assets | 20.6M | 286.9M |
| Property, plant & equipment | 31.3M | 63.4M |
| Goodwill & intangibles | — | — |
| Total assets | 256.3M | 589.7M |
| Accounts payable | 18.5M | 21.1M |
| Short-term debt | 21.9M | 27.3M |
| Total current liabilities | 51.1M | 73.7M |
| Long-term debt | 136.1M | 134.8M |
| Total liabilities | 217.3M | 231.9M |
| Shareholders' equity | 39.1M | 357.8M |
| Total debt | 158M | 162.1M |
| Net debt | 150.2M | -103.8M |
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 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 |
|---|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 5.5M | 9.1M | 7.8M | 17M | 24.7M | 111.6M | 265.9M | 259.9M | 1.2B |
| Receivables | 2M | 2.4M | 2.9M | 3.2M | 3.6M | 2.5M | 3.1M | 10.3M | 13.1M |
| Inventory | 4.9M | 4.7M | 6.7M | 7.1M | 7.6M | 6.8M | 9.4M | 9.3M | 8.7M |
| Total current assets | 15M | 18.6M | 20.6M | 31.1M | 43.3M | 128.4M | 286.9M | 286.6M | 1.3B |
| Property, plant & equipment | 128M | 137.8M | 31.3M | 35.9M | 44.3M | 55.8M | 63.4M | 75.1M | 87.5M |
| Goodwill & intangibles | — | — | — | — | — | — | — | — | — |
| Total assets | 167.3M | 180.9M | 256.3M | 279M | 315.6M | 433.1M | 589.7M | 605.6M | 1.7B |
| Accounts payable | 8.8M | 9.1M | 18.5M | 18.7M | 22.5M | 18.4M | 21.1M | 23.5M | 28.9M |
| Short-term debt | 2.9M | 25.8M | 21.9M | 17.7M | 21.4M | 22.9M | 27.3M | 56.9M | 57.6M |
| Total current liabilities | 19.4M | 42.2M | 51.1M | 47.8M | 56.3M | 54M | 73.7M | 117.1M | 131.3M |
| Long-term debt | 93.2M | 80.3M | 136.1M | 153.9M | 171.3M | 174.4M | 134.8M | 108.5M | 755.6M |
| Total liabilities | 130.9M | 141.4M | 217.3M | 260.9M | 305.1M | 261.8M | 231.9M | 248.8M | 1.2B |
| Shareholders' equity | 36.4M | 39.4M | 39.1M | 18.1M | 10.5M | 171.3M | 357.8M | 356.9M | 551.8M |
| Total debt | 96.1M | 106.1M | 158M | 171.6M | 192.7M | 197.3M | 162.1M | 165.3M | 813.1M |
| Net debt | 90.6M | 97M | 150.2M | 154.6M | 168M | 85.7M | -103.8M | -94.5M | -410M |
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 | FY24 | FY25 | Current |
|---|---|---|---|
| Market cap | 238.2M | — | 3.8B |
| Enterprise value | 388.4M | — | 2.5B |
| Shares outstanding | 169.4M | 208M | 208M |
| Metric | FY24 | FY25 | Current |
|---|---|---|---|
| P/E | — | — | 62.4 |
| P/S | 8.26 | — | 46.1 |
| P/B | 6.1 | — | 10.1 |
| EV/EBITDA | -67 | — | 690.1 |
| EV/Sales | 13.5 | — | 41.3 |
| Earnings yield | — | — | 1.6% |
| FCF yield | -18.4% | — | -0.93% |
| PEG | — | — | -0.2 |
| Metric | FY24 | FY25 | Current |
|---|---|---|---|
| Gross margin | 6.83% | 7.3% | 60.7% |
| Operating margin | -24% | -89.9% | 37.5% |
| Net margin | -56.5% | -498% | 125.2% |
| ROE | -41.7% | -45.3% | 38.2% |
| ROA | -6.36% | -27.5% | 0.28% |
| ROIC | -3.65% | -11.5% | 2.88% |
| Return on tangible assets | -6.36% | -27.5% | 6.31% |
| Metric | FY24 | FY25 | Current |
|---|---|---|---|
| Current ratio | 0.4 | 3.89 | 9.58 |
| Quick ratio | 0.27 | 3.76 | 9.51 |
| Debt / equity | 4.04 | 0.45 | 1.47 |
| Debt / assets | 0.62 | 0.27 | 0.48 |
| Net debt / EBITDA | -25.9 | 3.9 | -31 |
| Interest coverage | -2.49 | -39 | 15.7 |
| Effective tax rate | 0% | 0% | 8.07% |
| Metric | FY24 | FY25 | Current |
|---|---|---|---|
| Revenue per share | 0.17 | 0.16 | 0.34 |
| EPS (basic) | -0.09 | -0.78 | -0.78 |
| EPS (diluted) | -0.09 | -0.78 | 0.22 |
| Book value per share | 0.23 | 1.72 | 1.36 |
| FCF per share | -0.26 | -0.38 | -0.19 |
| Cash per share | 0.05 | 1.28 | 4.25 |
| Capex per share | 0.21 | — | — |
| Metric | FY24 | FY25 | Current |
|---|---|---|---|
| Capex / revenue | 125.6% | — | — |
| Capex / operating cash flow | -512% | — | — |
| Payout ratio | 0% | 0% | 0% |
| Dividend yield | 0% | — | — |
Split-adjusted payout per share by ex-dividend date.
| Ex-dividend | Amount |
|---|---|
| Aug 25, 2014 | $0.0844 |
| Date | Ratio |
|---|---|
| Jul 8, 2025 | 2:3 |
| Jul 7, 2025 | 2:3 |
| — |
| — |
| +25.2% |
| +80.6% |
| +38.8% |
| +221.2% |
| +497.7% |
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 | FY24 | FY25 |
|---|---|---|
| Net income | -16.3M | -161.9M |
| Depreciation & amortization | 1.1M | 1M |
| Stock-based compensation | 2.7M | 11.1M |
| Change in working capital | -54K | -1.2M |
| Operating cash flow | -7.1M | -19.1M |
| Capital expenditure | -36.2M | — |
| Investing cash flow | -36.2M | -1.4M |
| Dividends paid | 0 | 0 |
| Share repurchases | — | — |
| Financing cash flow | 31.7M | 315.6M |
| Net change in cash | -11.6M | 295.1M |
| Free cash flow | -43.7M | -80M |
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 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 |
|---|---|---|---|---|---|---|---|---|---|
| Net income | -1.3M | -3.8M | -5.4M | -34.6M | -58.2M | 33.2M | -102.3M | -5.3M | 181.8M |
| Depreciation & amortization | 212.8K | 188.5K | 270K | 288K | 271K | 233K | 251K | 253K | 319K |
| Stock-based compensation | 393K | 1M | 335K | 851K | 6.8M | 727K | 2.7M | 3.6M | 1.1M |
| Change in working capital | -824.3K | -323.8K | 375K | -434K | -4M | 2.9M | 286K | -7.3M | -6M |
| Operating cash flow | -629.6K | -1.5M | -3.4M | -32.7M | -13.2M | 8.1M | -12.4M | 9.7M | 21.9M |
| Capital expenditure | -6.4M | -4.8M | -13.3M | -7.8M | — | — | — | — | — |
| Investing cash flow | -6.4M | -4.8M | -13.3M | -7.8M | — | — | — | — | — |
| Dividends paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share repurchases | — | — | — | — | — | — | — | — | — |
| Financing cash flow | 3.3M | 11.5M | 7M | 19.2M | 20.2M | 108.9M | 167.4M | -1.6M | 956.1M |
| Net change in cash | -3.7M | 5.2M | -9.7M | -21.3M | 6.9M | 117M | 155M | 8.1M | 978.1M |
| Free cash flow | -9.5M | -7.5M | -11.5M | -12.2M | -20.3M | -27.5M | -22.7M | -12.1M | 6.8M |