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 | -$0.08 | -$0.03 | +62.5% | — | $3.9M | — |
| Q1 26 | -$0.09 | -$0.03 | +66.7% | — | $3.9M | — |
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 | — | -$0.56 | — | — | $13.8M | — |
| FY24 | — | -$1.66 | — | — | $12.1M | — |
| FY23 | — | -$2.26 | — | — | $9.6M | — |
| FY22 | — | -$3.99 | — | — | $7.7M | — |
| FY21 | — | -$2.63 | — | — | $3.4M | — |
| FY20 | — | -$1.89 | — | — | $1.4M | — |
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 | $1.4M | $3.4M | $7.7M | $9.6M | $12.1M | $13.8M |
| YoY change | — | +138.7% | +126% | +26% | +25.2% | +14.3% |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 | Q3 26 |
|---|---|---|---|---|---|---|
| Revenue | $3.3M |
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 | 1.4M | 3.4M | 7.7M | 9.6M | 12.1M | 13.8M |
| Cost of revenue | 932K | 2.1M | 3.1M | 4.2M | 3.7M | 3.2M |
| Gross profit | 485.8K | 1.3M | 4.6M | 5.4M | 8.4M | 10.6M |
| Gross margin | 34.3% | 37.6% | 59.7% | 56.5% | 69.3% | 76.6% |
| Research & development | 1.4M | 2.1M | 2.7M | 3.2M | 2.6M | 2.2M |
| Selling, general & administrative | 10.1M | 12.6M | 18.6M | 17.6M | 14.6M | 10.9M |
| Operating expenses | 11.4M | 14.6M | 21.3M | 20.9M | 17.2M | 13M |
| Operating income | -10.9M | -13.4M | -16.7M | -15.4M | -8.8M | -2.4M |
| Operating margin | -771% | -394.5% | -218.8% | -159.9% | -73.2% | -17.8% |
| Non-operating income, net | -43.8K | 341.8K | -1.8M | -665.8K | -74.3K | -770.4K |
| Pretax income | -11.1M | -15.5M | -29.1M | -18.7M | -14.1M | -8.4M |
| Income tax | 0 | 0 | 0 | 0 | 0 | 0 |
| Net income | -11.1M | -15.5M | -29.1M | -18.7M | -14.1M | -8.4M |
| Net margin | -780.6% | -457.7% | -380.8% | -193.6% | -116.8% | -61.1% |
| EBITDA | -10.9M | -13.4M | -17.9M | -15.6M | -8.9M | -2.7M |
| EPS | -1.89 | -2.63 | -3.99 | -2.26 | -1.66 | -0.56 |
| Diluted EPS | -1.89 | -2.63 | -3.99 | -2.26 | -1.66 | -0.56 |
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 | Q3 26 |
|---|---|---|---|---|---|---|
| Revenue | 3.3M | 3.6M | 3.7M | 3.9M | 3.9M | 4M |
| Cost of revenue | 807.7K | 855.1K | 724.4K | 757.2K | 704.3K | 736.3K |
| Gross profit | 2.5M | 2.8M | 3M | 3.1M | 3.2M | 3.3M |
| Gross margin | 75.3% | 76.4% | 80.4% | 80.5% | 81.9% | 81.5% |
| Research & development | 518K | 551.2K | 572.6K | 696.2K | 602.8K | 623.6K |
| Selling, general & administrative | 2.2M | 2.4M | 3.3M | 2.1M | 2.3M | 2.2M |
| Operating expenses | 2.8M | 2.9M | 3.8M | 2.8M | 2.9M | 2.8M |
| Operating income | -307.7K | -169K | -855.5K | 281.9K | 273.8K | 440.9K |
| Operating margin | -9.42% | -4.67% | -23.1% | 7.28% | 7.05% | 11.1% |
| Non-operating income, net | -162.1K | 80.5K | -24.4K | 49.9K | 97.8K | -162.2K |
| Pretax income | -1.6M | -1.2M | -1.9M | -672K | -690.9K | -717.1K |
| Income tax | 0 | 0 | 0 | 0 | 0 | 0 |
| Net income | -1.6M | -1.2M | -1.9M | -672K | -690.9K | -717.1K |
| Net margin | -47.8% | -34% | -52.3% | -17.3% | -17.8% | -18% |
| EBITDA | -274.6K | -119.3K | -792.8K | 358.5K | 381.9K | 414.6K |
| EPS | -0.07 | -0.05 | — | -0.03 | -0.03 | -0.04 |
| Diluted EPS | -0.07 | -0.05 | — | -0.03 | -0.03 | -0.04 |
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 | — | — | — | — | — | — | 3.3M |
| Enterprise value | — | — | — | — | — | — | 32.4M |
| Shares outstanding | 6M | 6.3M | 7.6M | 8.7M | 9M | 21.5M | 21.5M |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | -0.21 |
| P/S | — | — | — | — | — | — | 0.23 |
| P/B | — | — | — | — | — | — | -0.1 |
| EV/EBITDA | — | — | — | — | — | — | 220 |
| EV/Sales | — | — | — | — | — | — | 2.1 |
| Earnings yield | — | — | — | — | — | — | -474.4% |
| FCF yield | — | — | — | — | — | — | 11.3% |
| PEG | — | — | — | — | — | — | 0.01 |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Gross margin | 34.3% | 37.6% | 59.7% | 56.5% | 69.3% | 76.6% | 81.5% |
| Operating margin | -771% | -394.5% | -218.8% | -159.9% | -73.2% | -17.8% | 11.1% |
| Net margin | -780.6% | -457.7% | -380.8% | -193.6% | -116.8% | -61.1% | -26% |
| ROE | 368.8% | 226.7% | 1.4K% | 94% | 47% | 28.1% | 39.8% |
| ROA | -552.1% | -349.1% | -174.7% | -286.6% | -237.2% | -149.3% | 1.51% |
| ROIC | 678.1% | 308.5% | -1.5K% | 1.8K% | 128.2% | 57.1% | -2.48% |
| Return on tangible assets | -552.1% | -349.1% | -174.7% | -286.6% | -237.2% | -149.3% | -70.6% |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Current ratio | 0.44 | 0.41 | 3.15 | 0.42 | 0.2 | 0.22 | 0.21 |
| Quick ratio | 0.41 | 0.39 | 2.98 | 0.21 | 0.11 | 0.15 | 0.13 |
| Debt / equity | -0.78 | -0.69 | -7.16 | -0.98 | -0.8 | -0.87 | -0.01 |
| Debt / assets | 1.17 | 1.06 | 0.92 | 3 | 4.02 | 4.63 | 4.76 |
| Net debt / EBITDA | -0.13 | -0.19 | -0.18 | -1.22 | -2.59 | -9.67 | 74.1 |
| Interest coverage | -118.8 | -5.24 | -1.76 | -6.22 | -1.71 | -0.62 | 0.02 |
| Effective tax rate | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Revenue per share | 0.24 | 0.54 | 1.01 | 1.11 | 1.34 | 0.64 | 0.58 |
| EPS (basic) | -1.89 | -2.63 | -3.99 | -2.26 | -1.66 | -0.56 | -0.56 |
| EPS (diluted) | -1.89 | -2.63 | -3.99 | -2.26 | -1.66 | -0.56 | -0.16 |
| Book value per share | -0.5 | -1.09 | -0.28 | -2.29 | -3.33 | -1.39 | -1.22 |
| FCF per share | -1.31 | -1.77 | -2.01 | -1.56 | -0.74 | -0.11 | -0.04 |
| Cash per share | 0.16 | 0.35 | 1.59 | 0.07 | 0.09 | 0.02 | 0.05 |
| Capex per share | — | 0 | 0 | 0 | — | — | — |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Capex / revenue | — | 0% | 0.39% | 0% | — | — | — |
| Capex / operating cash flow | — | 0% | -0.18% | 0% | — | — | — |
| Payout ratio | -1.63% | -3.89% | -3.32% | -5.07% | -0.13% | -0.36% | 0% |
| $3.6M |
| $3.7M |
| $3.9M |
| $3.9M |
| $4M |
| YoY change | — | — | — | — | +18.9% | +10.2% |
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 | 949.8K | 2.2M | 12.1M | 570.5K | 786.1K | 365.1K |
| Receivables | 486.2K | 1.5M | 2M | 1.2M | 1.5M | 1.7M |
| Inventory | 85.7K | 272.5K | 842.9K | 2.3M | 1.9M | 1.6M |
| Total current assets | 1.7M | 4.3M | 15.3M | 4.7M | 4.5M | 4.6M |
| Property, plant & equipment | 115.7K | 66.1K | 1.3M | 1.6M | 1.2M | 821.7K |
| Goodwill & intangibles | — | — | — | — | — | — |
| Total assets | 2M | 4.4M | 16.7M | 6.5M | 5.9M | 5.6M |
| Accounts payable | 1.1M | 1M | 1.2M | 3.4M | 5.2M | 4.6M |
| Short-term debt | 2.3M | 4.3M | 1.8M | 5.1M | 12.1M | 12.6M |
| Total current liabilities | 3.8M | 10.5M | 4.9M | 11.2M | 22.7M | 20.6M |
| Long-term debt | 57.1K | 370.9K | 13.6M | 14.4M | 11.8M | 13.5M |
| Total liabilities | 5M | 11.3M | 18.8M | 26.4M | 35.9M | 35.7M |
| Shareholders' equity | -3M | -6.8M | -2.1M | -19.8M | -30M | -30M |
| Total debt | 2.3M | 4.7M | 15.4M | 19.5M | 23.9M | 26.1M |
| Net debt | 1.4M | 2.5M | 3.3M | 19M | 23.1M | 25.7M |
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 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 | Q3 26 |
|---|---|---|---|---|---|---|
| Cash & short-term investments | 173.3K | 509.6K | 365.1K | 391.3K | 308.5K | 256.4K |
| Receivables | 1.5M | 1.2M | 1.7M | 1.9M | 2.1M | 1.6M |
| Inventory | 1.8M | 1.6M | 1.6M | 1.8M | 2.3M | 2M |
| Total current assets | 4.1M | 4.9M | 4.6M | 5.1M | 5.5M | 5M |
| Property, plant & equipment | 1M | 930.5K | 821.7K | 709.3K | 593.3K | 473.6K |
| Goodwill & intangibles | — | — | — | — | — | — |
| Total assets | 5.3M | 6M | 5.6M | 6M | 6.3M | 5.7M |
| Accounts payable | 4.8M | 4.6M | 4.6M | 4.7M | 4.7M | 4.8M |
| Short-term debt | 12M | 12.3M | 12.6M | 13M | 13.4M | 14.1M |
| Total current liabilities | 21.5M | 21.1M | 20.6M | 21.8M | 23.6M | 23.8M |
| Long-term debt | 11M | 13.1M | 13.5M | 13.5M | 13M | 13M |
| Total liabilities | 34.2M | 35.8M | 35.7M | 36.8M | 38M | 38.2M |
| Shareholders' equity | -28.9M | -29.8M | -30M | -30.8M | -31.7M | -32.5M |
| Total debt | 23M | 25.5M | 26.1M | 26.6M | 26.4M | 27.1M |
| Net debt | 22.8M | 24.9M | 25.7M | 26.2M | 26M | 26.8M |
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 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|
| Net income | -11.1M | -15.5M | -29.1M | -18.7M | -14.1M | -8.4M |
| Depreciation & amortization | — | 0 | 2.3K | 6K | 6K | 6K |
| Stock-based compensation | 2.4M | 790.5K | 913.6K | 647.6K | 1M | 1.5M |
| Change in working capital | -387.3K | -1.2M | -1M | -807.9K | 159.4K | 213.1K |
| Operating cash flow | -8M | -10.1M | -16.7M | -17.1M | -10.2M | -3.7M |
| Capital expenditure | — | 0 | -29.8K | 0 | — | — |
| Investing cash flow | — | 0 | -29.8K | 0 | — | — |
| Dividends paid | -180K | -603K | -966.1K | -946.8K | -18K | -30K |
| Share repurchases | — | 0 | -230K | -895.6K | 0 | — |
| Financing cash flow | 8.9M | 11.7M | 22.6M | 2M | 6.7M | 1.9M |
| Net change in cash | 854.8K | 1.7M | 5.9M | -15.2M | -3.5M | -1.8M |
| Free cash flow | -7.9M | -11.1M | -15.2M | -13.5M | -6.7M | -2.4M |
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 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 | Q3 26 |
|---|---|---|---|---|---|---|
| Net income | -1.6M | -1.2M | -1.9M | -672K | -690.9K | -717.1K |
| Depreciation & amortization | 1.5K | 1.5K | 1.5K | 1.5K | 1.5K | 1.5K |
| Stock-based compensation | 56.9K | 56.9K | 1.3M | 5.9K | 6K | 6K |
| Change in working capital | 138.4K | 507.7K | -396.3K | -433.5K | -721K | -386.1K |
| Operating cash flow | -904.4K | -238K | -173.5K | -833.6K | -1.1M | -750.1K |
| Capital expenditure | — | — | — | — | — | 0 |
| Investing cash flow | — | — | — | — | — | 0 |
| Dividends paid | -6K | -5.9K | -6.1K | -5.9K | -6.1K | -6K |
| Share repurchases | — | — | — | — | — | 0 |
| Financing cash flow | 471.1K | 425K | -332.1K | 435.7K | -6.1K | 798.3K |
| Net change in cash | -433.3K | 187K | -505.5K | -397.9K | -1.1M | 48.2K |
| Free cash flow | -397.1K | -88.1K | -400.8K | -373.4K | 415.6K | -740.3K |