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 | -$0.04 | -$0.05 | -25.0% | — | $12M | — |
| Q1 26 | -$0.05 | -$0.41 | -720.0% | — | $10.1M | — |
| Q4 25 | $0.1 | $0.5 | +400.0% | — | $17.1M | — |
| Q3 25 | -$0.56 | -$0.57 | -1.8% | — | $7M | — |
| Q2 25 | -$0.39 | -$0.57 | -46.2% | — | — | — |
| Q1 25 | -$0.29 | -$0.51 | -75.9% | — | — | — |
| Q4 24 | -$0.07 | -$0.23 | -228.6% | — | — | — |
| Q3 24 | -$0.94 | -$0.81 | +13.8% | — | — | — |
| Q2 24 | -$0.35 | -$1.08 | -208.6% | — | — | — |
| Q1 24 | -$0.71 | -$1.69 | -138.0% | — | — | — |
| Q4 23 | -$0.85 | -$0.68 | +20.0% | — | — | — |
| Q3 23 | -$3.78 | -$4.64 | -22.8% | — | — | — |
| Q2 23 | -$4.08 | -$6.07 | -48.8% | — | $5.8M | — |
| Q1 23 | -$0.19 | -$0.28 | -47.4% | — | $8.7M | — |
| Q4 22 | -$0.11 | -$0.14 | -27.3% | — | $10.1M | — |
| Q3 22 | -$5.8 | -$5.24 | +9.7% | — | $4.3M | — |
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 | — | — | $41.7M | — |
| FY24 | — | -$3.22 | — | — | $37.3M | — |
| FY23 | — | -$13 | — | — | $34.1M | — |
| FY22 | — | -$0.48 | — | — | $28.7M | — |
| FY21 | — | -$85.6 |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|
| Revenue | $26.2M | $18.8M | $24.1M | $28.7M | $34.1M | $37.3M | $41.7M |
| YoY change | — | -28% | +27.9% | +19% | +18.8% | +9.54% | +11.7% |
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 |
|---|
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|
| Revenue | 26.2M | 18.8M | 24.1M | 28.7M | 34.1M | 37.3M | 41.7M |
| Cost of revenue | 12.4M | 9.1M | 12.7M | 15.2M | 17.4M | 18.6M | 11M |
| Gross profit | 13.8M | 9.8M | 11.4M | 13.5M | 16.6M | 18.7M | 30.7M |
| Gross margin | 52.6% | 51.9% | 47.1% | 47% | 48.8% | 50.1% | 73.7% |
| Research & development | — | — | — | 0 | 77K | 2.1M | 3.7M |
| Selling, general & administrative | 28.7M | 18.1M | 37.2M | 35.9M | 39.1M | 33.8M | 38.4M |
| Operating expenses | 28.7M | 18.1M | 37.2M | 35.9M | 39.2M | 35.9M | 42.1M |
| Operating income | -14.9M | -8.3M | -25.9M | -22.4M | -22.6M | -17.2M | -11.3M |
| Operating margin | -57% | -44.2% | -107.3% | -78.1% | -66.3% | -46.1% | -27.2% |
| Non-operating income, net | 6.1M | 280K | -11.5M | 22M | 3M | 1.5M | 1.3M |
| Pretax income | -10.9M | -10.9M | -37.7M | -608K | -20.1M | -17.7M | -10.5M |
| Income tax | 33K | 64K | 56K | 32K | 14K | 22K | 25K |
| Net income | -11M | -11M | -37.7M | -640K | -20.1M | -17.8M | -10.5M |
| Net margin | -41.9% | -58.3% | -156.5% | -2.23% | -59.1% | -47.6% | -25.3% |
| EBITDA | -8.8M | -6.5M | -24.6M | -21M | -21.3M | -16M | -10.1M |
| EPS | -18.9 | -18.9 | -85.6 | -0.48 | -13 | -3.22 | -0.9 |
| Diluted EPS | -18.9 | -18.9 | -85.6 | -0.48 | -13 | -3.22 | -0.9 |
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 | — | — | — | — | — | — | — | — | 7M | 17.1M | 10.1M | 12M |
| Cost of revenue | — | — | — | — | — | — | — | — | 2M | 3M | 2.1M | 2.4M |
| Gross profit | — | — | — | — | — | — | — | — | 4.9M | 14.1M | 8M | 9.6M |
| Gross margin | — | — | — | — | — | — | — | — | 70.7% | 82.4% | 79% | 79.9% |
| Research & development | — | — | — | — | — | — | — | — | 854K | 787K | 900K | 448K |
| Selling, general & administrative | — | — | — | — | — | — | — | — | 10.4M | 8.7M | 11M | 9.7M |
| Operating expenses | — | — | — | — | — | — | — | — | 11.2M | 9.5M | 11.9M | 10.1M |
| Operating income | -4.4M | -3.9M | -5.5M | -5.1M | -5M | -1.7M | -4.5M | -5.1M | -6.3M | 4.6M | -3.9M | -524K |
| Operating margin | — | — | — | — | — | — | — | — | -89.8% | 26.7% | -39% | -4.37% |
| Non-operating income, net | — | — | — | — | — | — | — | — | -254K | 1.2M | -699K | 69K |
| Pretax income | — | — | — | — | — | — | — | — | -6.6M | 5.6M | -4.8M | -581K |
| Income tax | — | — | — | — | — | — | — | — | 6K | 0 | 0 | 23K |
| Net income | — | — | — | — | — | — | — | — | -6.6M | 5.6M | -4.8M | -604K |
| Net margin | — | — | — | — | — | — | — | — | -95.1% | 33% | -47.1% | -5.03% |
| EBITDA | — | — | — | — | — | — | — | — | -5.8M | 5.6M | -3.8M | -302K |
| EPS | -4.64 | — | -2.88 | -0.05 | -0.98 | -0.19 | -0.47 | -0.57 | -0.62 | 0.48 | -0.41 | -0.05 |
| Diluted EPS | -4.64 | — | -2.88 | -0.05 | -0.98 | -0.19 | -0.47 | -0.57 | -0.62 | 0.48 | -0.41 | -0.05 |
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 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Market cap | — | — | — | — | — | — | — | 16.8M |
| Enterprise value | — | — | — | — | — | — | — | 19.6M |
| Shares outstanding | 580K | 580K | 440.4K | 1.3M | 1.5M | 5.5M | 11.6M | 11.6M |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | — | 0.89 |
| P/S | — | — | — | — | — | — | — | 0.36 |
| P/B | — | — | — | — | — | — | — | 2.7 |
| EV/EBITDA | — | — | — | — | — | — | — | -3.29 |
| EV/Sales | — | — | — | — | — | — | — | 0.42 |
| Earnings yield | — | — | — | — | — | — | — | 112.6% |
| FCF yield | — | — | — | — | — | — | — | -45.3% |
| PEG | — | — | — | — | — | — | — | -0.01 |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Gross margin | 52.6% | 51.9% | 47.1% | 47% | 48.8% | 50.1% | 73.7% | 79.9% |
| Operating margin | -57% | -44.2% | -107.3% | -78.1% | -66.3% | -46.1% | -27.2% | -4.37% |
| Net margin | -41.9% | -58.3% | -156.5% | -2.23% | -59.1% | -47.6% | -25.3% | -13.8% |
| ROE | 36.4% | -188.5% | -332.6% | -2.68% | -420% | -400.6% | -100.5% | -988.4% |
| ROA | -38.2% | -45.5% | -70.9% | -1.26% | -72.1% | -80.4% | -36.9% | -17.4% |
| ROIC | -2.1K% | 370.1% | 195.7% | 883.9% | -257.4% | -499.9% | -110.8% | -70.2% |
| Return on tangible assets | -54.4% | -67% | -81.4% | -1.43% | -88.8% | -80.5% | -45.3% | -33.6% |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Current ratio | 2 | 4.43 | 3.36 | 2.06 | 1.28 | 1.72 | 1.52 | 1.18 |
| Quick ratio | 1.11 | 2.82 | 3.03 | 1.72 | 0.67 | 1.17 | 1.4 | 1.05 |
| Debt / equity | -1.27 | — | 0 | 0.06 | 1.13 | 1.11 | 0.59 | 1.26 |
| Debt / assets | 1.33 | — | 0 | 0.03 | 0.19 | 0.22 | 0.22 | 0.31 |
| Net debt / EBITDA | -3.53 | — | 1 | 1.26 | -0.19 | 0.06 | 0.02 | -0.66 |
| Interest coverage | -4.07 | -2.77 | -103.6 | -0.64 | -32.5 | -7.42 | -22.3 | -22.3 |
| Effective tax rate | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Revenue per share | 45.1 | 32.5 | 54.7 | 21.5 | 22 | 6.77 | 3.58 | 3.92 |
| EPS (basic) | -18.9 | -18.9 | -85.6 | -0.48 | -13 | -3.22 | -0.9 | -0.9 |
| EPS (diluted) | -18.9 | -18.9 | -85.6 | -0.48 | -13 | -3.22 | -0.9 | -0.41 |
| Book value per share | -52 | 10 | 25.7 | 17.9 | 3.1 | 0.8 | 0.9 | 0.42 |
| FCF per share | -65.9 | -21.3 | -60.7 | -12.2 | -16.1 | -1.87 | -1.15 | -0.61 |
| Cash per share | 12.6 | 13.9 | 55.7 | 20.8 | 0.92 | 1.07 | 0.55 | 0.31 |
| Capex per share | 0.93 | 0 | 0.02 | 0.03 | 0 | 0 | — | — |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Capex / revenue | 2.05% | 0% | 0.05% | 0.13% | 0.01% | 0.03% | — | — |
| Capex / operating cash flow | -3.12% | 0% | -0.02% | 14% | -0.02% | -0.11% | — | — |
| Payout ratio | — | — | — | — | — | — | — | 0% |
| — |
| — |
| $24.1M |
| — |
| FY20 | — | -$18.9 | — | — | $18.8M | — |
| FY19 | — | -$18.9 | — | — | $26.2M | — |
| Q1 24 |
|---|
| Q2 24 |
|---|
| Q3 24 |
|---|
| Q4 24 |
|---|
| Q1 25 |
|---|
| Q2 25 |
|---|
| Q3 25 |
|---|
| Q4 25 |
|---|
| Q1 26 |
|---|
| Q2 26 |
|---|
| Revenue | — | — | — | — | — | — | — | — | $7M | $17.1M | $10.1M | $12M |
| YoY change | — | — | — | — | — | — | — | — | — | — | — | — |
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 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 7.3M | 8.1M | 24.5M | 27.8M | 1.4M | 5.9M | 6.4M |
| Receivables | 4.7M | 3.2M | 3.8M | 3.7M | 5.2M | 5.3M | 7.3M |
| Inventory | 10.5M | 7.1M | 4.5M | 7.2M | 10.9M | 6.6M | 1.4M |
| Total current assets | 23.5M | 19.6M | 46.4M | 43.1M | 23.1M | 20.7M | 18.1M |
| Property, plant & equipment | 503K | 370K | 267K | 1.6M | 1.7M | 983K | 3.7M |
| Goodwill & intangibles | 8.6M | 7.7M | 6.9M | 6.1M | 5.3M | 35K | 5.3M |
| Total assets | 28.8M | 24.1M | 53.2M | 50.9M | 27.9M | 22.1M | 28.6M |
| Accounts payable | 821K | 1.7M | 658K | 1.3M | 3.3M | 1.9M | 1.9M |
| Short-term debt | — | — | — | 498K | 4.6M | 548K | 332K |
| Total current liabilities | 11.7M | 4.4M | 13.8M | 20.9M | 18.1M | 12M | 11.9M |
| Long-term debt | 38.2M | — | 0 | 848K | 804K | 4.4M | 5.8M |
| Total liabilities | 58.9M | 18.3M | 41.9M | 27M | 23.1M | 17.7M | 18.1M |
| Shareholders' equity | -30.2M | 5.8M | 11.3M | 23.9M | 4.8M | 4.4M | 10.5M |
| Total debt | 38.2M | — | 0 | 1.3M | 5.4M | 4.9M | 6.2M |
| Net debt | 30.9M | — | -24.5M | -15.9M | 4.1M | -983K | -231K |
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 | 6.8M | 1.4M | 3.8M | 4.4M | 2.9M | 5.9M | 1.8M | 7.2M | 3.4M | 6.4M | 6.3M | 4.7M |
| Receivables | 3.8M | 5.2M | 3.5M | 3.5M | 4.9M | 5.3M | 4M | 4M | 3M | 7.3M | 3.9M | 5.5M |
| Inventory | 16.1M | 10.9M | 6.9M | 3.9M | 6.5M | 6.6M | 6.5M | 4M | 4.3M | 1.4M | 1.2M | 1.3M |
| Total current assets | 29.6M | 23.1M | 20.2M | 17.5M | 16.9M | 20.7M | 15.3M | 18.8M | 14.4M | 18.1M | 13.2M | 12.4M |
| Property, plant & equipment | 1.3M | 1.7M | 1.5M | 1.3M | 1.2M | 983K | 772K | 766K | 508K | 3.7M | 5.1M | 5M |
| Goodwill & intangibles | 5.4M | 5.3M | 5.1M | 4.9M | 39K | 35K | 31K | 26K | 22K | 5.3M | 5.2M | 5.1M |
| Total assets | 34.1M | 27.9M | 24.6M | 21.6M | 18.5M | 22.1M | 16.6M | 20.1M | 15.4M | 28.6M | 24.8M | 24.1M |
| Accounts payable | 8.6M | 3.3M | 6.8M | 4.7M | 5.7M | 1.9M | 3.3M | 4.3M | 3.6M | 1.9M | 3.6M | 4.3M |
| Short-term debt | 2.3M | 4.6M | 3M | 997K | 670K | 548K | 426K | 443K | 307K | 332K | 506K | 472K |
| Total current liabilities | 29.1M | 18.1M | 14M | 9.3M | 11M | 12M | 11M | 19.7M | 12.6M | 11.9M | 10.9M | 10.5M |
| Long-term debt | 562K | 804K | 621K | 443K | 324K | 4.4M | 4.4M | 4.6M | 4.6M | 5.8M | 7.2M | 7M |
| Total liabilities | 33.1M | 23.1M | 30M | 10.7M | 13M | 17.7M | 16.1M | 24.8M | 18M | 18.1M | 18.7M | 18.1M |
| Shareholders' equity | 1M | 4.8M | -5.4M | 10.9M | 5.5M | 4.4M | 469K | -4.7M | -2.6M | 10.5M | 6.1M | 6M |
| Total debt | 2.8M | 5.4M | 3.7M | 1.4M | 994K | 4.9M | 4.9M | 5M | 4.9M | 6.2M | 7.7M | 7.5M |
| Net debt | -608K | 4.1M | -151K | -2.9M | -1.9M | -983K | 3.1M | -2.2M | 1.5M | -231K | 1.4M | 2.8M |
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 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|
| Net income | -11M | -11M | -37.7M | -640K | -20.1M | -17.8M | -10.5M |
| Depreciation & amortization | 667K | 562K | 540K | 1.2M | 1.1M | 1.1M | 868K |
| Stock-based compensation | — | 0 | 129K | 1.9M | 1M | 1M | 951K |
| Change in working capital | -2.9M | -2.5M | -10.2M | 1.3M | -4.6M | 6.6M | -2.4M |
| Operating cash flow | -17.2M | -12.4M | -48.3M | 271K | -29.5M | -8.7M | -13.4M |
| Capital expenditure | -538K | 0 | -11K | -38K | -5K | -10K | — |
| Investing cash flow | 25.4M | 0 | -11K | -5.2M | 619K | 47K | 3M |
| Dividends paid | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — |
| Financing cash flow | 16.4M | 13.2M | 29.9M | 9.4M | -12.9M | 3.1M | 10.8M |
| Net change in cash | 24.6M | 761K | -18.3M | 4.5M | -41.9M | -5.6M | 489K |
| Free cash flow | -38.2M | -12.4M | -26.7M | -16.2M | -24.9M | -10.3M | -13.4M |
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 | -6.3M | 3.5M | -10.4M | -257K | -5.7M | -1.4M | -4.2M | -5.3M | -6.6M | 5.6M | -4.8M | -604K |
| Depreciation & amortization | 251K | 295K | 307K | 309K | 312K | 221K | 219K | 222K | 207K | 220K | 187K | 196K |
| Stock-based compensation | 207K | 228K | 228K | 204K | 288K | 299K | 239K | 187K | 236K | 289K | 342K | 263K |
| Change in working capital | -1.8M | 6.6M | 5.2M | 2.8M | -4.1M | -834K | 20K | 622K | 1.4M | -4.1M | 2M | -792K |
| Operating cash flow | -7.4M | 3.4M | -4.5M | 3.1M | -9.2M | -1.7M | -3.6M | -3M | -3.8M | -2.4M | -70K | -1.7M |
| Capital expenditure | 0 | 9K | -57K | 48K | 0 | -1K | -3K | — | — | — | — | — |
| Investing cash flow | 382K | 73K | 0 | 48K | 0 | -1K | -3K | 0 | 0 | 0 | — | — |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | 5.2M | -24.2M | 4.3M | -4.3M | -596K | 4M | 0 | 0 | 8.5M | 2.4M | — | — |
| Net change in cash | -1.9M | -20.8M | -210K | -1.1M | -9.8M | 2.4M | -3.6M | -3M | 4.7M | -26K | -70K | -1.7M |
| Free cash flow | -2M | -8.9M | -3.4M | -4.7M | -1.2M | -1M | -4.1M | -3M | -3.8M | -2.4M | -75K | -1.7M |