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 | -$0.25 | -$0.22 | +12.0% | — | $560K | — |
| Q1 26 | -$0.29 | -$0.39 | -34.5% | — | $191K | — |
| Q4 25 | -$0.4 | -$0.3 | +25.0% | — | — | — |
| Q3 25 | -$0.4 | -$0.3 | +25.0% | — | — | — |
| Q2 25 | -$0.3 | -$0.4 | -33.3% | — | — | — |
| Q1 25 | -$0.03 | -$0.02 | +33.3% | — | $401K | — |
| Q3 24 | -$0.3 | -$0.2 | +33.3% | — | $1.9M | — |
| Q2 24 | -$0.4 | -$0.4 | 0.0% | — | $45K | — |
| Q1 24 | -$0.04 | -$0.02 | +50.0% | — | $1.1M | — |
| Q4 23 | -$0.04 | -$0.03 | +25.0% | — | — | — |
| Q3 23 | -$0.4 | -$0.4 | 0.0% | — | — | — |
| Q2 23 | -$0.4 | -$0.4 | 0.0% | — | — | — |
| Q1 23 | -$0.4 | -$0.3 | +25.0% | — | $894K | — |
| Q4 22 | -$0.04 | -$0.03 | +25.0% | — | — | — |
| Q3 22 | — | -$0.05 | — | — | — | — |
| Q2 22 | — | -$0.05 | — | — | — | — |
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 | — | -$0.1 | — | — | $5.2M | — |
| FY24 | — | -$0.11 | — | — | $3.6M | — |
| FY23 | — | -$0.13 | — | — | — | — |
| FY22 | — | -$0.16 | — | — | $374K |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $621K | $540K | $530K | $0 | $0 | $607K | $374K | — | $3.6M | $5.2M |
| YoY change | +918% | -13% | -1.85% | -100% | 0% | +InfinityT% | -38.4% | — | — | +45.6% |
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 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 621K | 540K | 530K | 0 | 0 | 607K | 374K | — | 3.6M | 5.2M |
| Cost of revenue | 485K | 380K | 427K | 1K | 279K | 1.1M | 258K | — | 2.5M | 3.8M |
| Gross profit | 136K | 160K | 103K | -1K | -279K | -452K | 116K | — | 1.1M | 1.4M |
| Gross margin | 21.9% | 29.6% | 19.4% | — | — | -74.5% | 31% | — | 31.1% | 27.2% |
| Research & development | 4.8M | 4.7M | 4.1M | 3.1M | 2M | 2.7M | 505K | — | 1.5M | 1.4M |
| Selling, general & administrative | 6.5M | 5.2M | 5.6M | 5.5M | 4.6M | 5M | 5.7M | — | 6.1M | 6.7M |
| Operating expenses | 11.3M | 9.9M | 9.7M | 8.6M | 6.7M | 7.4M | 6M | — | 6.9M | 7.4M |
| Operating income | -11.2M | -9.7M | -9.6M | -8.6M | -6.9M | -7.9M | -5.9M | — | -5.8M | -5.9M |
| Operating margin | -1.8K% | -1.8K% | -1.8K% | — | — | -1.3K% | -1.6K% | — | -162% | -113.4% |
| Non-operating income, net | — | — | — | — | 44K | 1K | 44K | — | 9K | — |
| Pretax income | -11.2M | -9.7M | -9.5M | -8.5M | -6.9M | -7.9M | -5.8M | — | -5.3M | -5.5M |
| Income tax | — | — | — | — | — | — | — | — | — | — |
| Net income | -11.2M | -9.7M | -9.5M | -8.5M | -6.9M | -7.9M | -5.8M | — | -5.3M | -5.5M |
| Net margin | -1.8K% | -1.8K% | -1.8K% | — | — | -1.3K% | -1.5K% | — | -147.4% | -105% |
| EBITDA | -11M | -9.4M | -9.3M | -8.3M | -6.8M | -7.4M | -5.6M | — | -5.6M | -5.7M |
| EPS | -0.86 | -0.63 | -0.42 | -0.32 | -0.25 | -0.25 | -0.16 | -0.13 | -0.11 | -0.1 |
| Diluted EPS | -0.86 | -0.63 | -0.42 | -0.32 | -0.25 | -0.25 | -0.16 | -0.13 | -0.11 | -0.1 |
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 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 150K | 85K | 1.1M | 45K | 1.9M | 590K | 401K | 133K | 1M | 3.7M | 191K | 560K |
| Cost of revenue | 21K | 61K | 665K | 3K | 1.3M | 502K | 205K | 78K | 661K | 2.9M | 584K | 332K |
| Gross profit | 129K | 24K | 437K | 42K | 551K | 88K | 196K | 55K | 368K | 805K | -393K | 228K |
| Gross margin | 86% | 28.2% | 39.7% | 93.3% | 29.6% | 14.9% | 48.9% | 41.4% | 35.8% | 21.9% | -205.8% | 40.7% |
| Research & development | 187K | 93K | 281K | 402K | 329K | 459K | 447K | 247K | 310K | 418K | 249K | 448K |
| Selling, general & administrative | 1.6M | 1.4M | 1.4M | 1.8M | 1.7M | 1.3M | 2M | 1.6M | 1.8M | 1.2M | 1.6M | 1.3M |
| Operating expenses | 1.7M | 1.5M | 1.6M | 2M | 1.9M | 1.5M | 2.4M | 1.9M | 1.9M | 1.2M | 1.9M | 1.6M |
| Operating income | -1.6M | -1.5M | -1.2M | -2M | -1.3M | -1.4M | -2.2M | -1.8M | -1.5M | -397K | -2.3M | -1.4M |
| Operating margin | -1.1K% | -1.7K% | -106.4% | -4.3K% | -70% | -236.8% | -550.9% | -1.3K% | -149.1% | -10.8% | -1.2K% | -244.1% |
| Non-operating income, net | 43K | 42K | 4K | 3K | 1K | 1K | — | — | — | — | -1K | -1K |
| Pretax income | -1.5M | -1.3M | -1.1M | -1.9M | -1.2M | -1.2M | -2.1M | -1.7M | -1.4M | -311K | -2.2M | -1.3M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — |
| Net income | -1.5M | -1.3M | -1.1M | -1.9M | -1.2M | -1.2M | -2.1M | -1.7M | -1.4M | -311K | -2.2M | -1.3M |
| Net margin | -985.3% | -1.6K% | -100.5% | -4.2K% | -62.1% | -197.3% | -517.7% | -1.3K% | -138.9% | -8.47% | -1.1K% | -233.4% |
| EBITDA | -1.5M | -1.4M | -1.1M | -1.9M | -1.2M | -1.3M | -2.1M | -1.7M | -1.5M | -331K | -2.2M | -1.3M |
| EPS | -0.04 | -0.03 | -0.03 | -0.04 | -0.02 | — | -0.4 | -0.03 | -0.03 | — | -0.39 | -0.22 |
| Diluted EPS | -0.04 | -0.03 | -0.03 | -0.04 | -0.02 | — | -0.4 | -0.03 | -0.03 | — | -0.39 | -0.22 |
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 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market cap | 439.6M | — | — | — | 815.6M | — | — | 427.4M | — | — | 24.8M |
| Enterprise value | 438.8M | — | — | — | 807.5M | — | — | 427.4M | — | — | 13.7M |
| Shares outstanding | 12.9M | 15.4M | 22.8M | 26.7M | 27.8M | 31.2M | 35.3M | 38.5M | 48.9M | 55.5M | 55.5M |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | — | — | — | — | -36.9 |
| P/S | 707.9 | — | — | — | — | — | — | — | — | — | 4.31 |
| P/B | 195.9 | — | — | — | 85.5 | — | — | — | — | — | 2.21 |
| EV/EBITDA | -39.9 | — | — | — | -119.3 | — | — | — | — | — | -2.22 |
| EV/Sales | 706.6 | — | — | — | — | — | — | — | — | — | 2.52 |
| Earnings yield | — | — | — | — | — | — | — | — | — | — | -2.71% |
| FCF yield | -2.21% | — | — | — | -0.76% | — | — | — | — | — | -18.8% |
| PEG | — | — | — | — | — | — | — | — | — | — | -0.06 |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross margin | 21.9% | 29.6% | 19.4% | — | — | -74.5% | 31% | — | 31.1% | 27.2% | 40.7% |
| Operating margin | -1.8K% | -1.8K% | -1.8K% | — | — | -1.3K% | -1.6K% | — | -162% | -113.4% | -267.5% |
| Net margin | -1.8K% | -1.8K% | -1.8K% | — | — | -1.3K% | -1.5K% | — | -147.4% | -105% | -96.1% |
| ROE | -497.9% | -398% | -56.2% | -91.9% | -72.2% | -95.3% | -60.3% | — | -38.5% | -57.7% | -51.7% |
| ROA | -260.7% | -232.6% | -51% | -77.5% | -61.9% | -84.3% | -52.7% | — | -33.3% | -45.1% | -30.1% |
| Return on tangible assets | -1.4K% | -2.2K% | -62.8% | -101.3% | -80.9% | -101.6% | -61.7% | — | -37.2% | -51.6% | -48.9% |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current ratio | 1.12 | 1.17 | 10 | 6.92 | 8.69 | 11 | 8.49 | — | 7.28 | 4.34 | 4.78 |
| Quick ratio | 1.12 | 1.17 | 10 | 6.92 | 8.69 | 11 | 8.49 | — | 7.28 | 4.34 | 4.78 |
| Debt / equity | 0.22 | 0.15 | 0.02 | 0.06 | 0.07 | 0.07 | 0.04 | — | 0.01 | 0.02 | 0.01 |
| Debt / assets | 0.12 | 0.09 | 0.02 | 0.05 | 0.06 | 0.06 | 0.03 | — | 0.01 | 0.01 | 0.01 |
| Net debt / EBITDA | 0.07 | 0.09 | 1.67 | 0.95 | 1.21 | 0.95 | 1.54 | — | 2.49 | 1.59 | 1.85 |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue per share | 0.05 | 0.04 | 0.02 | 0 | 0 | 0.02 | 0.01 | — | 0.07 | 0.09 | 0.96 |
| EPS (basic) | -0.86 | -0.63 | -0.42 | -0.32 | -0.25 | -0.25 | -0.16 | -0.13 | -0.11 | -0.1 | -0.1 |
| EPS (diluted) | -0.86 | -0.63 | -0.42 | -0.32 | -0.25 | -0.25 | -0.16 | -0.13 | -0.11 | -0.1 | -0.01 |
| Book value per share | 0.17 | 0.16 | 0.74 | 0.35 | 0.34 | 0.27 | 0.27 | — | 0.28 | 0.17 | 1.56 |
| FCF per share | -0.75 | -0.56 | -0.39 | -0.27 | -0.22 | -0.22 | -0.15 | — | -0.09 | -0.09 | -0.98 |
| Cash per share | 0.1 | 0.08 | 0.7 | 0.32 | 0.32 | 0.24 | 0.26 | — | 0.29 | 0.17 | 1.45 |
| Capex per share | 0.01 | 0.01 | 0 | 0 | 0 | 0 | 0 | — | 0 | — | — |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Capex / revenue | 22.1% | 17.4% | 17.7% | — | — | 12% | 7.75% | — | 1.08% | — | — |
| Capex / operating cash flow | -1.34% | -1.13% | -1.06% | -0.27% | -0.31% | -1.03% | -0.63% | — | -0.85% | — | — |
| Payout ratio | — | — | — | — | — | — | — | — | — | — | 0% |
| — |
| FY21 | — | -$0.25 | — | — | $607K | — |
| FY20 | — | -$0.25 | — | — | $0 | — |
| FY19 | — | -$0.32 | — | — | $0 | — |
| FY18 | — | -$0.42 | — | — | $530K | — |
| FY17 | — | -$0.63 | — | — | $540K | — |
| FY16 | — | -$0.86 | — | — | $621K | — |
| Period | Q2 23 | Q3 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $150K | $85K | $1.1M | $45K | $1.9M | $590K | $401K | $133K | $1M | $3.7M | $191K | $560K |
| YoY change | +InfinityT% | -73.8% | +23.3% | -70% | +2.1K% | — | -63.6% | +195.6% | -44.6% | +522.2% | -52.4% | +321.1% |
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 | FY15 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 11M | 1.3M | 1.2M | 15.9M | 8.6M | 8.8M | 7.6M | 9.1M | 14M | 9.2M |
| Receivables | 0 | 103K | 0 | — | — | 0 | 33K | 79K | 165K | 1.4M |
| Inventory | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 11.2M | 1.9M | 1.8M | 16.4M | 9M | 9.4M | 8M | 9.7M | 14.8M | 11.2M |
| Property, plant & equipment | 123K | 644K | 498K | 457K | 665K | 427K | 530K | 384K | 238K | 195K |
| Goodwill & intangibles | 5.8M | 3.5M | 3.7M | 3.5M | 2.6M | 2.6M | 1.6M | 1.6M | 1.7M | 1.5M |
| Total assets | 14.2M | 4.3M | 4.2M | 18.6M | 10.9M | 11.1M | 9.4M | 10.9M | 15.9M | 12.2M |
| Accounts payable | — | — | — | — | — | — | — | — | 1.2M | 1.6M |
| Short-term debt | — | 150K | 159K | 216K | 177K | 169K | 205K | 133K | 75K | 96K |
| Total current liabilities | 1.6M | 1.7M | 1.5M | 1.6M | 1.3M | 1.1M | 731K | 1.1M | 2M | 2.6M |
| Long-term debt | — | 353K | 195K | 91K | 418K | 500K | 350K | 226K | 113K | 67K |
| Total liabilities | 1.6M | 2M | 1.7M | 1.7M | 1.7M | 1.6M | 1.1M | 1.4M | 2.2M | 2.7M |
| Shareholders' equity | 12.6M | 2.2M | 2.4M | 16.9M | 9.2M | 9.5M | 8.3M | 9.6M | 13.8M | 9.5M |
| Total debt | — | 503K | 354K | 307K | 595K | 669K | 555K | 359K | 188K | 163K |
| Net debt | — | -756K | -893K | -8.6M | -8M | -8.2M | -7.1M | -6.1M | -13.8M | -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 | Q2 23 | Q3 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 | 8.5M | 7.2M | 4.6M | 16M | 14.5M | 14M | 12.9M | 12.3M | 10.5M | 9.2M | 7.7M | 9.9M |
| Receivables | 39K | 87K | 569K | 135K | 749K | 165K | 135K | 25K | 324K | 1.4M | 171K | 234K |
| Inventory | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 9.1M | 7.8M | 5.5M | 16.7M | 16M | 14.8M | 13.5M | 13.2M | 11.7M | 11.2M | 8.8M | 11.2M |
| Property, plant & equipment | 478K | 406K | 247K | 271K | 245K | 238K | 215K | 251K | 223K | 195K | 166K | 141K |
| Goodwill & intangibles | 1.5M | 1.5M | 1.7M | 1.7M | 1.7M | 1.7M | 1.6M | 1.6M | 1.6M | 1.5M | 1.5M | 1.5M |
| Total assets | 10.4M | 9M | 6.6M | 17.8M | 17.1M | 15.9M | 14.5M | 14.2M | 12.7M | 12.2M | 9.8M | 12.2M |
| Accounts payable | — | — | 617K | 453K | 1.5M | 1.2M | 1.2M | 1.6M | 2M | 1.6M | 1.8M | 1.4M |
| Short-term debt | 95K | 78K | 66K | 88K | 82K | 75K | 68K | 93K | 94K | 96K | 98K | 100K |
| Total current liabilities | 3M | 2.9M | 2M | 1.8M | 2.1M | 2M | 2.4M | 3.7M | 3.6M | 2.6M | 2.2M | 2.3M |
| Long-term debt | 199K | 186K | 157K | 143K | 128K | 113K | 98K | 115K | 91K | 67K | 42K | 17K |
| Total liabilities | 3.2M | 3.1M | 2.2M | 1.9M | 2.3M | 2.2M | 2.5M | 3.8M | 3.7M | 2.7M | 2.2M | 2.4M |
| Shareholders' equity | 7.2M | 5.9M | 4.5M | 15.9M | 14.8M | 13.8M | 12M | 10.4M | 9.1M | 9.5M | 7.6M | 9.8M |
| Total debt | 294K | 264K | 223K | 231K | 210K | 188K | 166K | 208K | 185K | 163K | 140K | 117K |
| Net debt | -7.3M | -7M | -4.4M | -15.7M | -14.3M | -13.8M | -12.7M | -12.1M | -10.3M | -9M | -7.6M | -9.8M |
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 | FY15 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net income | -7.9M | -11.2M | -9.7M | -9.5M | -8.5M | -6.9M | -7.9M | -5.8M | -5.3M | -5.5M |
| Depreciation & amortization | 200K | 208K | 297K | 271K | 240K | 210K | 448K | 292K | 272K | 277K |
| Stock-based compensation | 797K | 645K | 369K | 224K | 685K | 800K | 680K | 373K | 528K | 893K |
| Change in working capital | -3K | -53K | 361K | -121K | 35K | 352K | -330K | 496K | -110K | -745K |
| Operating cash flow | -6.8M | -10.2M | -8.3M | -8.9M | -7.5M | -5.5M | -7.1M | -4.6M | -4.6M | -4.7M |
| Capital expenditure | -49K | -137K | -94K | -94K | -20K | -17K | -73K | 29K | -39K | — |
| Investing cash flow | -49K | -137K | -94K | -7M | 6.9M | -17K | -73K | -2.5M | -39K | — |
| Dividends paid | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | 16.3M | 0 | 8.7M | 47M | 0 | 6.3M | 5.3M | 6.5M | 12.9M | -45K |
| Net change in cash | 9.5M | -10.3M | 262K | 31.1M | -605K | 780K | -1.8M | -564K | 8.3M | -4.8M |
| Free cash flow | -7.4M | -9.7M | -8.7M | -8.9M | -7.3M | -6.2M | -6.9M | -5.2M | -4.6M | -4.8M |
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 | 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 | — | — | — | — | — | — | — | -1.7M | -1.4M | -311K | -2.2M | -1.3M |
| Depreciation & amortization | — | — | — | — | — | — | — | 73K | 69K | 66K | 65K | 61K |
| Stock-based compensation | — | — | — | — | — | — | — | 51K | 767K | 30K | 76K | 80K |
| Change in working capital | — | — | — | — | — | — | — | 1.1M | -1.4M | -1.5M | 849K | -78K |
| Operating cash flow | — | — | — | — | — | — | — | -511K | -1.8M | -1.3M | -1.3M | -1.2M |
| Capital expenditure | 0 | 0 | 0 | -18K | 0 | -21K | -4K | — | — | — | — | — |
| Investing cash flow | 0 | 0 | 0 | -18K | 0 | -21K | -4K | — | — | — | — | — |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | — | — | — | — | — | — | — | 0 | 0 | -4K | -32K | 0 |
| Net change in cash | 0 | 0 | 0 | -18K | 0 | -21K | -4K | -511K | -1.8M | -1.3M | -1.4M | -1.2M |
| Free cash flow | — | — | — | — | — | — | — | -527K | -1.9M | -1.3M | -1.4M | -1.3M |