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 | — | -$0.89 | — | — | $30.1M | — |
| FY24 | — | -$1.25 | — | — | $27.7M | — |
| FY23 | — | -$0.14 | — | — | $0 | — |
| FY22 | — | -$0.01 | — | — | $0 | — |
| FY21 | — | -$0.49 | — | — | $13.6M | — |
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 | $13.6M | $0 | $0 | $27.7M | $30.1M |
| YoY change | — | -100% | 0% | +InfinityT% | +8.71% |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | Q2 23 | Q3 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 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 | 13.6M | 0 | 0 | 27.7M | 30.1M |
| Cost of revenue | 13.8M | 33.7M | — | 25.5M | 26.6M |
| Gross profit | -213K | -8.1M | — | 2.2M | 3.5M |
| Gross margin | -1.56% | — | — | 7.91% | 11.7% |
| Research & development | — | — | — | — | — |
| Selling, general & administrative | 10M | 15M | — | 22.6M | 14.5M |
| Operating expenses | 10M | 15M | — | 22.6M | 14.5M |
| Operating income | -10.2M | -2.9M | -5.1M | -20.4M | -11M |
| Operating margin | -74.9% | — | — | -73.7% | -36.7% |
| Non-operating income, net | 371.3K | 2.6M | 2.2M | 3.6K | -2M |
| Pretax income | -10.1M | -302.5K | -2.9M | -25.5M | -19M |
| Income tax | 19.5K | 55.6K | — | -134.9K | -66.7K |
| Net income | -10.1M | -302.5K | -2.9M | -25.3M | -19M |
| Net margin | -74.2% | — | — | -91.5% | -63.1% |
| EBITDA | -8.1M | -5.5M | -7.3M | -18.1M | -9.2M |
| EPS | -0.49 | -0.01 | -0.14 | -1.25 | -0.89 |
| Diluted EPS | -0.49 | -0.01 | -0.14 | -1.25 | -0.89 |
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | Q2 23 | Q3 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 6.4M | 7.7M | -22.5M | 7.9M | 5.3M | 7.7M | 6.8M | 6.8M | 7.2M | 7.1M | 8.9M | 7.4M |
| Cost of revenue | 7.5M | 8.2M | — | 7.7M | 4.9M | 6.4M | 6.5M | 5.9M | 6.7M | 6.1M | 7.9M | 6.5M |
| Gross profit | -1M | -476.8K | — | 242.6K | 422.3K | 1.3M | 251.3K | 899.8K | 514.9K | 1M | 1.1M | 838.9K |
| Gross margin | -16.1% | -6.17% | — | 3.07% | 7.93% | 16.6% | 3.72% | 13.1% | 7.16% | 14.6% | 11.8% | 11.4% |
| Research & development | — | — | — | — | — | — | — | — | — | — | — | — |
| Selling, general & administrative | 5.4M | 3.7M | — | 7.2M | 5.6M | 4.9M | 4.9M | 3.8M | 3.9M | 3M | 3.9M | 2.9M |
| Operating expenses | 5.4M | 3.9M | — | 7.2M | 5.6M | 6.2M | 4.9M | 3.8M | 3.9M | 3M | 3.9M | 2.9M |
| Operating income | -6.4M | -4.4M | 10.3M | -7M | -5.2M | -3.6M | -4.6M | -2.9M | -3.4M | -1.9M | -2.8M | -2.1M |
| Operating margin | -100% | -57.3% | -45.7% | -88.3% | -97.4% | -47.1% | -68.4% | -42.6% | -46.7% | -27.1% | -31.7% | -28% |
| Non-operating income, net | 295 | 4.3K | 2M | — | 4.5K | -2.8K | 186 | -11K | -2.2K | -936 | -2M | -1.1K |
| Pretax income | -8.3M | -6.6M | 17.9M | -8.4M | -6.3M | -4.8M | -5.9M | -4.2M | -4.6M | -3.8M | -6.5M | -3.5M |
| Income tax | 15.2K | 0 | — | 0 | 14.1K | 832 | -149.8K | — | 14K | 0 | -80.7K | 0 |
| Net income | -8.3M | -6.6M | 17.9M | -8.4M | -6.3M | -4.8M | -5.8M | -4.2M | -4.6M | -3.8M | -6.4M | -3.5M |
| Net margin | -128.8% | -85.2% | -79.4% | -106.8% | -118.3% | -62.9% | -85.3% | -61.2% | -64% | -53.2% | -71.7% | -47.7% |
| EBITDA | -5.5M | -3.4M | 10.1M | -6M | -4.8M | -3.2M | -4.2M | -2.4M | -2.9M | -1.5M | -2.4M | -1.7M |
| EPS | -0.4 | -0.32 | — | -0.49 | -0.29 | -0.23 | — | -0.2 | -0.21 | -0.18 | — | -0.16 |
| Diluted EPS | -0.4 | -0.32 | — | -0.49 | -0.29 | -0.23 | — | -0.2 | -0.21 | -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 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|
| Market cap | — | — | — | 121.1M | 42.9M | 27.5M |
| Enterprise value | — | — | — | 152.7M | 69.9M | 84.3M |
| Shares outstanding | 20.9M | 20.9M | 21.4M | 20.3M | 21.4M | 21.4M |
| Metric | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | -1.45 |
| P/S | — | — | — | 4.38 | 1.42 | 0.97 |
| P/B | — | — | — | -174 | -2.23 | -1.22 |
| EV/EBITDA | — | — | — | -8.45 | -7.6 | -9.99 |
| EV/Sales | — | — | — | 5.52 | 2.32 | 2.75 |
| Earnings yield | — | — | — | — | — | -69% |
| FCF yield | — | — | — | -14.1% | -15.6% | 2.47% |
| PEG | — | — | — | — | — | 0.07 |
| Metric | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|
| Gross margin | -1.56% | — | — | 7.91% | 11.7% | 11.4% |
| Operating margin | -74.9% | — | — | -73.7% | -36.7% | -28% |
| Net margin | -74.2% | — | — | -91.5% | -63.1% | -59.8% |
| ROE | -36% | -0.17% | -20.2% | 3.6K% | 98.7% | 98.7% |
| ROA | -17.6% | -0.17% | -13.3% | -42.2% | -36.1% | -11.6% |
| ROIC | -26.6% | -1.5% | — | -66% | -141.7% | -338.6% |
| Return on tangible assets | -18.9% | -0.17% | -13.3% | -45.6% | -36.5% | -36.4% |
| Metric | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|
| Current ratio | 0.67 | 0.37 | 0.02 | 0.46 | 0.12 | 0.1 |
| Quick ratio | 0.32 | -2.15 | 0.02 | 0.15 | 0.05 | 0.05 |
| Debt / equity | 0.47 | 0.09 | 0.27 | -46.4 | -1.41 | -0.02 |
| Debt / assets | 0.23 | 0.09 | 0.18 | 0.54 | 0.52 | 0.51 |
| Net debt / EBITDA | -1.27 | -2.93 | -0.53 | -1.75 | -2.94 | -3.05 |
| Interest coverage | -37.2 | -0.9 | — | -4.03 | -2.18 | -1.97 |
| Effective tax rate | 0% | 0% | — | 0% | 0% | 0% |
| Metric | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|
| Revenue per share | 0.65 | 0 | 0 | 1.36 | 1.4 | 1.43 |
| EPS (basic) | -0.49 | -0.01 | -0.14 | -1.25 | -0.89 | -0.89 |
| EPS (diluted) | -0.49 | -0.01 | -0.14 | -1.25 | -0.89 | -0.88 |
| Book value per share | 1.35 | 8.48 | 0.68 | -0.03 | -0.9 | -1.06 |
| FCF per share | -1.34 | -0.1 | -0.11 | -0.84 | -0.31 | -0.25 |
| Cash per share | 0.14 | 0.03 | 0 | 0.03 | 0 | 0.02 |
| Capex per share | 1.02 | 0.16 | — | 0.08 | — | — |
| Metric | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|
| Capex / revenue | 155.6% | — | — | 5.97% | — | — |
| Capex / operating cash flow | -173.3% | 132.5% | — | -7.01% | — | — |
| Payout ratio | — | — | — | — | — | 0% |
| Q3 25 |
|---|
| Q4 25 |
|---|
| Q1 26 |
|---|
| Revenue | $6.4M | $7.7M | -$22.5M | $7.9M | $5.3M | $7.7M | $6.8M | $6.8M | $7.2M | $7.1M | $8.9M | $7.4M |
| YoY change | — | — | — | -5.5% | -17.4% | -0.48% | +130% | -13.3% | +35% | -7.6% | +32.3% | +7.63% |
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 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Cash & short-term investments | 2.9M | 680.8K | 93.1K | 653K | 63.9K |
| Receivables | 1.1M | 2.6M | — | 2M | 2.6M |
| Inventory | 6.1M | 6.3M | — | 8M | 4.6M |
| Total current assets | 11.6M | 916.8K | 122.7K | 11.8M | 8.1M |
| Property, plant & equipment | 33.6M | 36.7M | — | 35.7M | 33.9M |
| Goodwill & intangibles | 3.8M | 3.8M | — | 4.5M | 596.1K |
| Total assets | 57.4M | 179.4M | 22M | 60M | 52.6M |
| Accounts payable | 7.2M | 8.7M | — | 11.5M | 16M |
| Short-term debt | 3.2M | 1.5M | 4M | 6.1M | 26.5M |
| Total current liabilities | 17.4M | 2.5M | 7.5M | 25.4M | 69.8M |
| Long-term debt | 10M | 15.2M | — | 26.2M | 608K |
| Total liabilities | 29.3M | 2.5M | 7.5M | 60.7M | 71.8M |
| Shareholders' equity | 28.1M | 176.9M | 14.6M | -695.9K | -19.2M |
| Total debt | 13.2M | 16.7M | 4M | 32.3M | 27.1M |
| Net debt | 10.3M | 16M | 3.9M | 31.6M | 27M |
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 | Q1 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 12.7M | 93.1K | 8.2M | 3.1M | 721.5K | 653K | 192.5K | 206.6K | 128.9K | 63.9K | 479.9K |
| Receivables | 3M | — | 4.8M | 2.5M | 2.9M | 2M | 1.8M | 2.3M | 2.6M | 2.6M | 1.7M |
| Inventory | 7M | — | 6.8M | 7.7M | 8.8M | 8M | 7.8M | 7M | 6M | 4.6M | 3.5M |
| Total current assets | 24.3M | 122.7K | 22.2M | 15.1M | 13.4M | 11.8M | 10.6M | 9.9M | 9.5M | 8.1M | 6.8M |
| Property, plant & equipment | 36.7M | — | 36M | 36M | 36M | 35.7M | 35.2M | 34.7M | 34.2M | 33.9M | 33.5M |
| Goodwill & intangibles | 3.8M | — | 3.8M | 4.3M | 4.3M | 4.5M | 4.5M | 4.5M | 4.6M | 596.1K | 596.1K |
| Total assets | 73.2M | 22M | 70.3M | 63.6M | 61.9M | 60M | 58.4M | 57.3M | 56.3M | 52.6M | 50.9M |
| Accounts payable | 8.5M | — | 7.2M | 6.9M | 8.6M | 11.5M | 13M | 14M | 14M | 16M | 17.4M |
| Short-term debt | 41M | 4M | 13.7M | 6.4M | 6.3M | 6.1M | 6.3M | 6.6M | 31M | 26.5M | 25.8M |
| Total current liabilities | 57.3M | 7.5M | 28.8M | 28.7M | 30.3M | 25.4M | 35.9M | 39.4M | 64.1M | 69.8M | 71.8M |
| Long-term debt | 15.1M | — | 23.8M | 23.5M | 25M | 26.2M | 25.9M | 25.6M | 3.7M | 608K | 423.3K |
| Total liabilities | 74.3M | 7.5M | 54.1M | 53.7M | 56.8M | 60.7M | 63.2M | 66.4M | 69.2M | 71.8M | 73.6M |
| Shareholders' equity | -1.1M | 14.6M | 16.2M | 9.9M | 5.1M | -695.9K | -4.8M | -9.2M | -12.9M | -19.2M | -22.7M |
| Total debt | 56M | 4M | 37.5M | 29.8M | 31.3M | 32.3M | 32.2M | 32.1M | 34.6M | 27.1M | 26.2M |
| Net debt | 43.4M | 3.9M | 29.3M | 26.7M | 30.5M | 31.6M | 32M | 31.9M | 34.5M | 27M | 25.7M |
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 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Net income | -10.1M | -302.5K | -2.9M | -25.3M | -19M |
| Depreciation & amortization | 2.1M | 3.5M | — | 2.3M | 1.8M |
| Stock-based compensation | 0 | 514.5K | — | 1.3M | 443.9K |
| Change in working capital | -4.2M | -1.2M | — | -2M | 3.5M |
| Operating cash flow | -12.2M | 2.5M | -2.9M | -23.5M | -6.6M |
| Capital expenditure | -21.2M | -3.3M | — | -1.7M | — |
| Investing cash flow | -21.2M | -3.3M | 158.8M | -1.6M | — |
| Dividends paid | — | — | — | — | — |
| Share repurchases | — | 0 | -159.5M | — | — |
| Financing cash flow | 27.5M | 27.6M | -157.1M | 10M | 6.1M |
| Net change in cash | -5.9M | 26.8M | -1.2M | -15.1M | -523.4K |
| Free cash flow | -28M | -2.1M | -2.3M | -17.1M | -6.7M |
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 | Q2 23 | Q3 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income | -8.3M | -6.6M | 17.9M | -8.4M | -6.3M | -4.8M | -5.8M | -4.2M | -4.6M | -3.8M | -6.4M | -3.5M |
| Depreciation & amortization | 979.5K | 996.6K | — | 994.2K | 416K | 451.2K | 462.3K | 480.6K | 473.9K | 453.2K | 433.6K | 386K |
| Stock-based compensation | 98.4K | 100.2K | — | 1.3M | 0 | 0 | 0 | 58.2K | 254.7K | 3K | 128.1K | 40.1K |
| Change in working capital | -211K | 271.6K | — | -3.2M | 1.7M | -1.5M | 1M | 654.9K | 349.4K | 835.7K | 1.7M | 2M |
| Operating cash flow | -7.4M | -5.2M | 17.9M | -9.3M | -4.1M | -5.8M | -4.2M | -2.9M | -2.2M | -190.6K | -2.8M | -122.9K |
| Capital expenditure | -1.9M | -661.8K | — | -551K | -514.3K | -453.9K | -132.2K | -16.2K | — | — | — | — |
| Investing cash flow | -1.9M | -661.8K | — | -487.4K | -514.3K | -453.9K | -132.2K | -16.2K | — | — | — | — |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | 7.3M | 1.8M | 11.6M | 7.9M | -123.9K | 1.4M | 949.3K | 937.9K | 2.2M | 145.6K | 2.8M | 538.9K |
| Net change in cash | -2.1M | -4.1M | 29.5M | -1.9M | -4.8M | -4.9M | -3.4M | -2M | 16.9K | -45K | -60.6K | 416K |
| Free cash flow | -7.2M | -5.5M | 17.2M | -7.3M | -5M | -3.8M | -1M | -1.4M | -2.2M | -223.3K | -2.8M | -122.9K |