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 % |
|---|---|---|---|---|---|---|
| Q4 22 | — | $0.57 | — | — | — | — |
| Q3 22 | -$2.3M | -$81M | -3500.0% | — | — | — |
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 | — | -$10.2K | — | — | $9.5M | — |
| FY24 | — | -$92.2K | — | — | $11.4M | — |
| FY23 | — | -$34.3 | — | — | $16M | — |
| FY22 | — | -$23.9 | — | — | $8.4M | — |
| FY21 | — | -$121.3 | — | — | $986.8K | — |
| FY20 | — | -$198.3 | — | — | $1.3M | — |
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 | $1.3M | $986.8K | $8.4M | $16M | $11.4M | $9.5M |
| YoY change | — | -21.4% | +756.3% | +89.3% | -28.6% | -16.6% |
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 | $1.8M |
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 | 1.3M | 986.8K | 8.4M | 16M | 11.4M | 9.5M |
| Cost of revenue | 952.5K | 812.1K | 6.5M | 14.2M | 11.5M | 9.7M |
| Gross profit | 303.2K | 174.7K | 1.9M | 1.8M | -119.6K | -197.8K |
| Gross margin | 24.1% | 17.7% | 23% | 11.2% | -1.05% | -2.08% |
| Research & development | 320.5K | 330.4K | 746.9K | 132.5K | 385.8K | 78.6K |
| Selling, general & administrative | 2.7M | 3.2M | 6.2M | 10.3M | 11.6M | 14.2M |
| Operating expenses | 3M | 3.5M | 7M | 10.5M | 12M | 14.3M |
| Operating income | -2.8M | -3.3M | -5.1M | -8.8M | -12.2M | -14.8M |
| Operating margin | -220.7% | -335.6% | -59.9% | -54.8% | -107% | -155% |
| Non-operating income, net | -916.2K | -725.7K | -1.4M | -606.9K | -1.4M | -17M |
| Pretax income | -6M | -6.1M | -7.1M | -9.7M | -17.6M | -34.3M |
| Income tax | 0 | 0 | 0 | 0 | 0 | 0 |
| Net income | -6M | -6.1M | -7.1M | -9.7M | -17.6M | -34.3M |
| Net margin | -476.3% | -618% | -84.5% | -60.8% | -154.2% | -360.5% |
| EBITDA | -2.7M | -3.3M | -5M | -7.4M | -12M | -17.6M |
| EPS | -198.3 | -121.3 | -23.9 | -34.3 | -92.2K | -10.2K |
| Diluted EPS | -198.3 | -121.3 | -23.9 | -34.3 | -92.2K | -10.2K |
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 | 1.8M | 2.5M | 2.8M | 1.9M | 2.3M | 2M |
| Cost of revenue | 2.3M | 2.2M | 2.9M | 2.1M | 2.5M | 2.4M |
| Gross profit | -493.6K | 289.1K | -31.4K | -197.8K | -257.7K | -394K |
| Gross margin | -27.7% | 11.5% | -1.1% | -10.5% | -11.2% | -19.8% |
| Research & development | -328.1K | 93.5K | 648.4K | 160.2K | -823.4K | 5.5K |
| Selling, general & administrative | 4.8M | 3.1M | 3.5M | 3.3M | 4.3M | 3.6M |
| Operating expenses | 4.4M | 3.2M | 4.1M | 3.4M | 3.5M | 3.6M |
| Operating income | -5M | -3M | -4.2M | -3.7M | -3.9M | -4.1M |
| Operating margin | -277.8% | -118.1% | -147.7% | -196% | -171% | -208.7% |
| Non-operating income, net | -1.1M | -1.4M | -13.5M | -1.2M | -937K | -1.4M |
| Pretax income | -7.9M | -5.1M | -18.1M | -5.2M | -5.9M | -6.8M |
| Income tax | 0 | 0 | — | 0 | 0 | 0 |
| Net income | -7.9M | -5.1M | -18.1M | -5.2M | -5.9M | -6.8M |
| Net margin | -443.1% | -201.5% | -638.1% | -278.6% | -257.5% | -344.6% |
| EBITDA | -4.8M | -3.7M | -5.9M | -3.6M | -4.3M | -4.5M |
| EPS | — | -297.6K | -106.1K | -19.8K | — | -71.3 |
| Diluted EPS | — | -297.6K | -106.1K | -19.8K | — | -71.3 |
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 | — | — | — | — | — | — | 5.1M |
| Enterprise value | — | — | — | — | — | — | 21.1M |
| Shares outstanding | 30.2K | 50.3K | 298.8K | 283.9K | 191 | 3.4K | 3.4K |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | 0 |
| P/S | — | — | — | — | — | — | 0.58 |
| P/B | — | — | — | — | — | — | 0.01 |
| EV/EBITDA | — | — | — | — | — | — | -1.34 |
| EV/Sales | — | — | — | — | — | — | 2.34 |
| Earnings yield | — | — | — | — | — | — | 141.5K% |
| FCF yield | — | — | — | — | — | — | -250.2% |
| PEG | — | — | — | — | — | — | -0 |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Gross margin | 24.1% | 17.7% | 23% | 11.2% | -1.05% | -2.08% | -19.8% |
| Operating margin | -220.7% | -335.6% | -59.9% | -54.8% | -107% | -155% | -208.7% |
| Net margin | -476.3% | -618% | -84.5% | -60.8% | -154.2% | -360.5% | -2.08% |
| ROE | 119.3% | 146.2% | -62.9% | -238.9% | 230.7% | -783.4% | -783.4% |
| ROA | -533.4% | -629.7% | -43.1% | -84.3% | -175.9% | -107.9% | -49.3% |
| ROIC | -532.8% | 1.2K% | -37.3% | -113.2% | -422.4% | -55.6% | -55.6% |
| Return on tangible assets | -533.4% | -629.7% | -57.8% | -88.1% | -193.3% | -110.6% | -120.6% |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Current ratio | 0.19 | 0.19 | 2.35 | 1.37 | 0.41 | 0.22 | 0.25 |
| Quick ratio | 0.07 | 0.05 | 0.59 | 0.56 | 0.12 | 0.11 | 0.14 |
| Debt / equity | -1.12 | -0.94 | 0.23 | 1.17 | -1.42 | 5.09 | 2.48 |
| Debt / assets | 4.99 | 4.03 | 0.16 | 0.41 | 1.08 | 0.7 | 0.58 |
| Net debt / EBITDA | -2.04 | -1.17 | -0.44 | -0.5 | -0.88 | -1.26 | -0.95 |
| Interest coverage | -1.61 | -1.96 | -9.08 | -25.8 | -3.43 | -12.6 | -10.5 |
| Effective tax rate | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Revenue per share | 41.6 | 19.6 | 28.3 | 56.4 | 59.8K | 2.8K | 359.9 |
| EPS (basic) | -198.3 | -121.3 | -23.9 | -34.3 | -92.2K | -10.2K | -10.2K |
| EPS (diluted) | -198.3 | -121.3 | -23.9 | -34.3 | -92.2K | -10.2K | -154.7 |
| Book value per share | -166.2 | -82.9 | 38 | 14.4 | -40K | 1.3K | 30.8 |
| FCF per share | -65.5 | -16.8 | -22.9 | -24.8 | -36.8K | -2.2K | -82.1 |
| Cash per share | 2.02 | 0.35 | 1.19 | 3.79 | 1.5K | 43.9 | 0.04 |
| Capex per share | 0 | 0 | 0.07 | 0.02 | 16.2 | 98 | 45.3 |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Capex / revenue | 0% | 0% | 0.25% | 0.04% | 0.03% | 3.46% | 49.3% |
| Capex / operating cash flow | 0% | 0% | -0.31% | -0.07% | -0.03% | -1.63% | -21.2% |
| Payout ratio | — | — | — | — | — | — | 0% |
| $2.5M |
| $2.8M |
| $1.9M |
| $2.3M |
| $2M |
| YoY change | — | — | — | — | +28.5% | -21% |
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 | 60.9K | 17.6K | 356.8K | 1.1M | 287.5K | 147.6K |
| Receivables | 176.8K | 100.7K | 1.6M | 2.7M | 1.2M | 949.5K |
| Inventory | 681.7K | 685.9K | 7.4M | 5.6M | 4.6M | 2.8M |
| Total current assets | 1.1M | 967.7K | 9.9M | 9.4M | 6.3M | 5.6M |
| Property, plant & equipment | 44.4K | 33.2K | 2.5M | 1.6M | 3.2M | 4.2M |
| Goodwill & intangibles | — | 0 | 4.2M | 500K | 900K | 800K |
| Total assets | 1.1M | 968.6K | 16.6M | 11.5M | 10M | 31.8M |
| Accounts payable | — | 1M | 2.3M | 2M | 3.2M | 3.5M |
| Short-term debt | 5.3M | 3.9M | 1.6M | 4.1M | 8.4M | 20.8M |
| Total current liabilities | 5.8M | 5.1M | 4.2M | 6.9M | 15.3M | 26M |
| Long-term debt | 297.9K | 0 | 984.8K | 602.3K | 2.4M | 1.5M |
| Total liabilities | 6.1M | 5.1M | 5.2M | 7.5M | 17.6M | 27.4M |
| Shareholders' equity | -5M | -4.2M | 11.4M | 4.1M | -7.6M | 4.4M |
| Total debt | 5.6M | 3.9M | 2.6M | 4.7M | 10.8M | 22.3M |
| Net debt | 5.5M | 3.9M | 2.2M | 3.7M | 10.5M | 22.1M |
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 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 |
|---|---|---|---|---|---|---|
| Cash & short-term investments | 287.5K | 340.7K | 457.2K | 722.2K | 147.6K | 475.8K |
| Receivables | 1.2M | 1.3M | 1.5M | 721.2K | 949.5K | 692.7K |
| Inventory | 4.6M | 4.2M | 3.6M | 3.6M | 2.8M | 2.4M |
| Total current assets | 6.3M | 6.2M | 11.6M | 9M | 5.6M | 5.5M |
| Property, plant & equipment | 3.2M | 3.1M | 3M | 2.8M | 4.2M | 4M |
| Goodwill & intangibles | 900K | 875K | 850K | 825K | 800K | 775K |
| Total assets | 10M | 9.7M | 15M | 31.7M | 31.8M | 30.7M |
| Accounts payable | 3.2M | 3.4M | 3M | 3.3M | 3.5M | 4M |
| Short-term debt | 8.4M | 8.1M | 10.1M | 20.8M | 20.8M | 16.5M |
| Total current liabilities | 15.3M | 15.6M | 16.3M | 26.7M | 26M | 22.2M |
| Long-term debt | 2.4M | 2.1M | 1.9M | 1.7M | 1.5M | 1.3M |
| Total liabilities | 17.6M | 17.7M | 18.2M | 28.4M | 27.4M | 23.5M |
| Shareholders' equity | -7.6M | -8M | -3.1M | 3.4M | 4.4M | 7.2M |
| Total debt | 10.8M | 10.1M | 12M | 22.5M | 22.3M | 17.8M |
| Net debt | 10.5M | 9.8M | 11.6M | 21.8M | 22.1M | 17.3M |
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 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|
| Net income | -6M | -6.1M | -7.1M | -9.7M | -17.6M | -34.3M |
| Depreciation & amortization | 61.7K | 3.6K | 50.1K | 104.2K | 239.8K | 248.9K |
| Stock-based compensation | 2.8M | 3.5M | 1M | 21.3K | 656.3K | — |
| Change in working capital | 179.1K | 71.2K | -1.7M | -482K | 5.3M | 9.3M |
| Operating cash flow | -2.2M | -1.3M | -6.7M | -9.3M | -9.4M | -20.2M |
| Capital expenditure | 0 | 0 | -20.9K | -6.3K | -3.1K | -329.4K |
| Investing cash flow | 0 | 0 | -10.3M | -331.3K | -3.1K | -329.4K |
| Dividends paid | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — |
| Financing cash flow | 1.9M | 804.6K | 14.7M | 5.3M | 4.4M | 7.2M |
| Net change in cash | -340.5K | -480.9K | -2.3M | -4.3M | -5.1M | -13.3M |
| Free cash flow | -2M | -847.8K | -6.8M | -7M | -7M | -7.6M |
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 | -7.9M | -5.1M | -18.1M | -5.2M | -5.9M | -6.9M |
| Depreciation & amortization | 130K | 129.1K | -56.2K | 37K | 139K | 124.5K |
| Stock-based compensation | 164.1K | — | — | — | — | — |
| Change in working capital | 1.6M | 2.1M | 2.5M | 1.8M | 2.9M | 2.7M |
| Operating cash flow | -4.4M | -1.6M | -13.1M | -3.3M | -2.2M | -2.3M |
| Capital expenditure | -9K | -2.3K | -40K | -2.3M | 2.1M | 0 |
| Investing cash flow | -9K | -2.3K | -40K | -2.3M | 2.1M | 0 |
| Dividends paid | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — |
| Financing cash flow | 348.5K | 359.1K | 7.3M | -1.8M | 1.3M | 401K |
| Net change in cash | -4.1M | -1.2M | -5.9M | -7.4M | 1.2M | -1.9M |
| Free cash flow | -1.9M | -548.7K | -2.9M | -4M | -200.9K | -1M |