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 | -$0.16 | -$0.16 | 0.0% | — | $5.9M | — |
| Q1 26 | -$0.06 | -$0.42 | -600.0% | — | $3.3M | — |
| Q1 24 | -$0.35 | $0.01 | +102.9% | — | $1.7M | — |
| Q3 23 | -$0.5 | -$0.12 | +76.0% | — | $2.6M | — |
| Q2 23 | -$0.15 | -$0.47 | -213.3% | — | $2.9M | — |
| Q1 23 | — | -$0.11 | — | — | $4.6M | — |
| Q4 22 | -$0.16 | -$0.34 | -112.5% | — | $3.8M | — |
| Q3 22 | — | -$0.22 | — | — | $2.6M | — |
| Q1 22 | -$2.42 | -$0.22 | +90.9% | — | $1.4M | — |
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 | — | -$1.03 | — | — | $7.9M | — |
| FY24 | — | -$0.8 | — | — | $7.2M | — |
| FY23 | — | -$1.15 | — | — | $11.4M | — |
| FY22 | — | -$1.5 | — | — | $9.4M | — |
| FY21 |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $0 | $1.4M | $1.1M | $2.7M | $9.4M | $11.4M | $7.2M | $7.9M |
| YoY change | — | +InfinityT% | -22.8% | +151.4% | +248.3% | +21.6% | -37% | +10.3% |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 1.4M | 1.1M | 2.7M | 9.4M | 11.4M | 7.2M | 7.9M |
| Cost of revenue | — | 783K | 853K | 2M | 7.5M | 9.4M | 5.2M | 6.8M |
| Gross profit | — | 601K | 215K | 656K | 1.8M | 2M | 2M | 1.1M |
| Gross margin | — | 43.4% | 20.1% | 24.4% | 19.6% | 17.5% | 27.7% | 13.8% |
| Research & development | — | 414K | 418K | 3.2M | 4.5M | 4.8M | 4M | 9.9M |
| Selling, general & administrative | 73.2K | 623K | 2.2M | 6M | 12.8M | 14.3M | 9.9M | 26.2M |
| Operating expenses | 73.2K | 1.1M | 2.7M | 9.5M | 18.9M | 19.4M | 14.3M | 37.1M |
| Operating income | -73.2K | -654K | -2.7M | -9.2M | -17.5M | -18M | -12.9M | -36.5M |
| Operating margin | — | -47.3% | -250.6% | -341.2% | -186.9% | -158.1% | -179.8% | -461.4% |
| Non-operating income, net | — | -1.8M | -3.2M | -30.9M | -636K | 158K | -6.1M | -16K |
| Pretax income | -73.3K | -2.6M | -5.9M | -40.1M | -18.3M | -18M | -19.3M | -36.1M |
| Income tax | — | 380K | 17K | 142K | 0 | 0 | — | — |
| Net income | -73.3K | -2.9M | -6M | -40.3M | -18.3M | -18M | -19.3M | -38.5M |
| Net margin | — | -212.1% | -557.4% | -1.5K% | -196.2% | -158% | -268.8% | -487.1% |
| EBITDA | -73.2K | -449K | -2.5M | -8.9M | -16.8M | -17M | -12.2M | -35M |
| EPS | -0.28 | -0.53 | -1.07 | -4.2 | -1.5 | -1.15 | -0.8 | -1.03 |
| Diluted EPS | -0.28 | -0.53 | -1.07 | -4.2 | -1.5 | -1.15 | -0.8 | -1.03 |
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 | 2.6M | 1.3M | 1.7M | 1.5M | 2.1M | 1.9M | 2M | 1.2M | 1.5M | 3.6M | 3.3M | 5.9M |
| Cost of revenue | 2.2M | 1.4M | 1.4M | 1.4M | 1.3M | 1.1M | 1.3M | 890K | 1M | 3.9M | 3.2M | 3.4M |
| Gross profit | 368K | -34K | 327K | 123K | 746K | 790K | 626K | 270K | 526K | -282K | 139K | 2.5M |
| Gross margin | 14.2% | -2.58% | 19.3% | 8% | 36% | 42.5% | 31.7% | 23.3% | 34% | -7.73% | 4.19% | 42.5% |
| Research & development | 1.2M | 1.3M | 1.2M | 978K | 824K | 980K | 1.3M | 3.9M | 1.6M | 3.1M | 2.9M | 4M |
| Selling, general & administrative | 4.1M | 2M | 2.7M | 2.4M | 2.8M | 1.6M | 6.8M | 3.1M | 3.1M | 14.1M | 5.2M | 6.1M |
| Operating expenses | 5.3M | 3.4M | 4M | 3.5M | 3.7M | 2.6M | 8.2M | 7.1M | 4.6M | 17.2M | 8.2M | 10.1M |
| Operating income | -5M | -4.3M | -3.7M | -3.5M | -2.9M | -2.7M | -7.5M | -6.8M | -4.1M | -19M | -8M | -7.6M |
| Operating margin | -191.3% | -323.2% | -219.3% | -228.8% | -140.4% | -147.2% | -381.4% | -585.9% | -265.9% | -520.2% | -242% | -128.6% |
| Non-operating income, net | 2.3M | 242K | 3.4M | 421K | -539K | -9.4M | 400K | -4.1M | 2.8M | 889K | — | — |
| Pretax income | -2.6M | -4.1M | -396K | -3.2M | -3.5M | -12.2M | -6.8M | -11.2M | -1.4M | -17.7M | -8.3M | -7.3M |
| Income tax | 0 | 0 | 0 | 0 | 0 | — | 0 | 0 | 0 | — | — | — |
| Net income | -2.6M | -4.1M | -396K | -3.2M | -3.5M | -12.2M | -6.8M | -12.6M | -1.4M | -17.7M | -8.3M | -7.3M |
| Net margin | -100% | -312.3% | -23.3% | -206.4% | -170.3% | -654.8% | -342.1% | -1.1K% | -90.4% | -486.4% | -249.7% | -124.3% |
| EBITDA | -7M | -4.1M | -3.5M | -3.3M | -2.7M | -2.7M | -6.9M | -6.7M | -3.9M | -18.9M | -7.6M | -7.3M |
| EPS | -0.13 | — | 0.01 | -0.13 | -0.15 | — | -0.19 | -0.35 | -0.07 | — | -0.18 | -0.16 |
| Diluted EPS | -0.13 | — | 0.01 | -0.13 | -0.15 | — | -0.19 | -0.35 | -0.07 | — | -0.18 | -0.16 |
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 | — | — | — | — | — | — | — | — | 235.1M |
| Enterprise value | — | — | — | — | — | — | — | — | 199.2M |
| Shares outstanding | 413.9K | 5.4M | 6.7M | 9.3M | 11.1M | 13.9M | 21.4M | 37M | 37M |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | — | — | -5.18 |
| P/S | — | — | — | — | — | — | — | — | 16.4 |
| P/B | — | — | — | — | — | — | — | — | 3.73 |
| EV/EBITDA | — | — | — | — | — | — | — | — | -5.23 |
| EV/Sales | — | — | — | — | — | — | — | — | 13.8 |
| Earnings yield | — | — | — | — | — | — | — | — | -19.3% |
| FCF yield | — | — | — | — | — | — | — | — | -11.5% |
| PEG | — | — | — | — | — | — | — | — | 0.1 |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| Gross margin | — | 43.4% | 20.1% | 24.4% | 19.6% | 17.5% | 27.7% | 13.8% | 42.5% |
| Operating margin | — | -47.3% | -250.6% | -341.2% | -186.9% | -158.1% | -179.8% | -461.4% | -128.6% |
| Net margin | — | -212.1% | -557.4% | -1.5K% | -196.2% | -158% | -268.8% | -487.1% | -236.1% |
| ROE | -43.4% | -215.2% | 301.7% | -369.4% | -635.1% | 778.3% | -281.5% | -50.4% | -73.6% |
| ROA | -42% | -63.3% | -67.3% | -285.1% | -144.5% | -211% | -102% | -45.2% | -40.2% |
| ROIC | — | 16.3% | 42.3% | -278.1% | -603.7% | 676.3% | — | — | — |
| Return on tangible assets | -42% | 3.8K% | -136.1% | -405% | -310.8% | -372.9% | -102% | -45.9% | -47.7% |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| Current ratio | 30.9 | 0.7 | 4.75 | 4.62 | 1.11 | 0.84 | 1.48 | 11.4 | 7.52 |
| Quick ratio | 30.9 | 0.69 | 4.74 | 4.14 | 1.05 | 0.8 | 1.42 | 10.9 | 6.56 |
| Debt / equity | — | 0.45 | -0.53 | 0.08 | 0.91 | -0.86 | 0.2 | 0.03 | 0.07 |
| Debt / assets | — | 0.13 | 0.12 | 0.06 | 0.21 | 0.23 | 0.07 | 0.03 | 0.06 |
| Net debt / EBITDA | — | 12 | 1.75 | 0.85 | -0 | 0.02 | 1.01 | 1.91 | 1.13 |
| Interest coverage | -3.9K | -22.4 | -455.6 | -2.9K | -188.1 | -288.9 | -408.9 | -193.9 | -193.9 |
| Effective tax rate | — | 0% | 0% | 0% | 0% | 0% | — | — | — |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| Revenue per share | 0 | 0.26 | 0.16 | 0.29 | 0.84 | 0.82 | 0.34 | 0.21 | 0.34 |
| EPS (basic) | -0.28 | -0.53 | -1.07 | -4.2 | -1.5 | -1.15 | -0.8 | -1.03 | -1.03 |
| EPS (diluted) | -0.28 | -0.53 | -1.07 | -4.2 | -1.5 | -1.15 | -0.8 | -1.03 | -0.82 |
| Book value per share | 0.41 | 0.25 | -0.29 | 1.17 | 0.26 | -0.17 | 0.32 | 2.07 | 1.44 |
| FCF per share | -0.11 | -0.29 | -0.18 | -1.05 | -0.92 | -0.83 | -0.55 | -0.65 | -0.81 |
| Cash per share | 0.42 | 1.11 | 0.81 | 0.91 | 0.24 | 0.17 | 0.64 | 1.88 | 0.99 |
| Capex per share | — | 0.01 | 0.03 | 0.04 | 0.07 | 0.01 | 0.01 | — | — |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| Capex / revenue | — | 2.02% | 21.3% | 15.3% | 7.77% | 1.53% | 1.95% | — | — |
| Capex / operating cash flow | — | -2.22% | -5.27% | -1.02% | -7.5% | -1.56% | -0.78% | — | — |
| Payout ratio | — | — | — | — | — | — | — | — | 0% |
| — |
| -$4.2 |
| — |
| — |
| $2.7M |
| — |
| FY20 | — | -$1.07 | — | — | $1.1M | — |
| FY19 | — | -$0.53 | — | — | $1.4M | — |
| FY18 | — | -$0.28 | — | — | $0 | — |
| 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 | $2.6M | $1.3M | $1.7M | $1.5M | $2.1M | $1.9M | $2M | $1.2M | $1.5M | $3.6M | $3.3M | $5.9M |
| YoY change | -2.34% | -65.5% | -63.2% | -46.2% | -19.9% | +40.8% | +16.3% | -24.6% | -25.4% | +96.4% | +68% | +409% |
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 | 174.6K | 6M | 5.4M | 8.5M | 2.6M | 2.3M | 13.7M | 69.6M |
| Receivables | — | 244K | 196K | 857K | 1.4M | 1.5M | 2M | 3M |
| Inventory | — | 38K | 19K | 1.1M | 375K | 250K | 796K | 3.9M |
| Total current assets | 174.6K | 1.9M | 6.2M | 11M | 6.9M | 4.7M | 17.1M | 79.4M |
| Property, plant & equipment | — | 265K | 456K | 1.1M | 2.4M | 1.9M | 1.5M | 3.6M |
| Goodwill & intangibles | — | 4.7M | 4.5M | 4.2M | 6.8M | 3.7M | 0 | 1.3M |
| Total assets | 174.6K | 4.6M | 8.9M | 14.1M | 12.7M | 8.5M | 18.9M | 85.2M |
| Accounts payable | — | 509K | 541K | 989K | 2.2M | 1.7M | 1.8M | 3.3M |
| Short-term debt | — | 211K | 379K | 284K | 1.7M | 1.4M | 1M | 828K |
| Total current liabilities | 5.7K | 2.7M | 1.3M | 2.4M | 6.2M | 5.6M | 11.5M | 7M |
| Long-term debt | — | 408K | 666K | 634K | 946K | 638K | 349K | 1.8M |
| Total liabilities | 5.7K | 3.3M | 10.8M | 3.2M | 9.8M | 10.8M | 12M | 8.7M |
| Shareholders' equity | 169K | 1.4M | -2M | 10.9M | 2.9M | -2.3M | 6.8M | 76.4M |
| Total debt | — | 619K | 1M | 918K | 2.6M | 2M | 1.4M | 2.6M |
| Net debt | — | 257K | -4.4M | -7.6M | 14K | -273K | -12.1M | -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 | 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 | 1.7M | 2.3M | 480K | 728K | 3.4M | 13.7M | 35M | 36M | 70.4M | 69.6M | 57.3M | 47.3M |
| Receivables | 1.5M | 1.5M | 1.8M | 1.8M | 2.3M | 2M | 2.1M | 1.8M | 1.7M | 3M | 3.5M | 5.2M |
| Inventory | 340K | 250K | 246K | 241K | 361K | 796K | 781K | 3.4M | 4.4M | 3.9M | 5.5M | 8.1M |
| Total current assets | 5M | 4.7M | 3.2M | 3.6M | 6.6M | 17.1M | 38.8M | 42.6M | 78M | 79.4M | 69.9M | 63.5M |
| Property, plant & equipment | — | 1.9M | — | — | — | 1.5M | — | — | — | 3.6M | — | — |
| Goodwill & intangibles | 6.5M | 3.7M | 3.6M | 3.6M | 3.5M | 0 | — | — | — | 1.3M | 1.3M | 1.3M |
| Total assets | 10.2M | 8.5M | 6.8M | 7.2M | 10.2M | 18.9M | 42.2M | 46.1M | 81.9M | 85.2M | 76.8M | 74.2M |
| Accounts payable | 2.6M | 1.7M | 1.7M | 2.8M | 2.8M | 1.8M | 1.5M | 2.8M | 2.1M | 3.3M | 4.1M | 5.1M |
| Short-term debt | 1.4M | 1.4M | 1.4M | 1.6M | 1.6M | 1M | 633K | 556K | 517K | 828K | 854K | 1.7M |
| Total current liabilities | 4.9M | 5.6M | 6.3M | 6.8M | 9.4M | 11.5M | 9.1M | 13M | 9.1M | 7M | 6.6M | 8.4M |
| Long-term debt | 552K | 638K | 555K | 449K | 417K | 349K | 1.6M | 1.6M | 1.6M | 1.8M | 1.6M | 2.8M |
| Total liabilities | 10.6M | 10.8M | 7.7M | 7.6M | 10.7M | 12M | 10.8M | 14.6M | 10.7M | 8.7M | 8.2M | 11.3M |
| Shareholders' equity | -461K | -2.3M | -884K | -340K | -504K | 6.8M | 31.3M | 31.5M | 71.3M | 76.4M | 68.6M | 62.9M |
| Total debt | 1.9M | 2M | 1.9M | 2M | 2M | 1.4M | 2.3M | 2.2M | 2.1M | 2.6M | 2.4M | 4.6M |
| Net debt | 268K | -273K | 1.4M | 1.4M | -1.3M | -12.1M | -21.9M | -26.3M | -41.1M | -10.9M | -13.8M | -10.2M |
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 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|
| Net income | -73.3K | -2.9M | -6M | -40.3M | -18.3M | -18.1M | -19.3M | -38.5M |
| Depreciation & amortization | — | 205K | 213K | 251K | 786K | 1M | 862K | 815K |
| Stock-based compensation | 23.5K | 64K | 601K | 843K | 4.9M | 5.3M | 3.2M | 20.4M |
| Change in working capital | — | -235K | 835K | -1.1M | 3M | 538K | -2.7M | -5.1M |
| Operating cash flow | -49.8K | -1.3M | -4.3M | -40.3M | -9.7M | -11.2M | -17.9M | -22.9M |
| Capital expenditure | — | -28K | -227K | -412K | -727K | -174K | -140K | — |
| Investing cash flow | — | -28K | -419K | -280K | -1.6M | -320K | -269K | -55.9M |
| Dividends paid | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — |
| Financing cash flow | 218.7K | 1.8M | 7.1M | 8.2M | 4.5M | 10.8M | 22.2M | 62.3M |
| Net change in cash | 169K | 546K | 2.3M | -32.4M | -6.7M | -697K | 4.1M | -16.5M |
| Free cash flow | -44.1K | -1.5M | -1.2M | -9.8M | -10.2M | -11.6M | -11.9M | -24M |
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 | -2.6M | -4.2M | -396K | -3.2M | -3.5M | -12.2M | -6.8M | -12.6M | -1.4M | -17.7M | -8.3M | -7.3M |
| Depreciation & amortization | 247K | 233K | 195K | 248K | 209K | 210K | 151K | 123K | 165K | 376K | 298K | 326K |
| Stock-based compensation | 1.1M | 1.2M | 491K | 178K | 1M | 1.5M | 3.9M | 3.2M | 1.6M | 11.7M | 1.9M | 1.8M |
| Change in working capital | 388K | 589K | -844K | 781K | -274K | -2.2M | -692K | -1.4M | -1.5M | -1.4M | -3.6M | -1.6M |
| Operating cash flow | -951K | -2.2M | -554K | -2M | -2M | -12.6M | -3.4M | -5.9M | -4M | -9.2M | -9.7M | -12.1M |
| Capital expenditure | -34K | 17K | -31K | -2K | -75K | -32K | -46K | — | — | — | — | — |
| Investing cash flow | -106K | -65K | -31K | -2K | -75K | -32K | -10.7M | 3.2M | -19.6M | -28.1M | 14.9M | 9.3M |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | -3.5M | -2.3M |
| Financing cash flow | -570K | 1.5M | 2.1M | 3.2M | 4.3M | 12.1M | 24.7M | -225K | 41.7M | -3.8M | -3.7M | -2.7M |
| Net change in cash | -1.6M | -694K | 1.5M | 1.2M | 2.2M | -511K | 10.6M | -2.9M | 18M | -41.1M | 1.5M | -5.5M |
| Free cash flow | -3.3M | -2.2M | -3.9M | -3.7M | -664K | -3.5M | -3.9M | -6M | -4.5M | -9.6M | -10M | -12.3M |