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 | -$0.07 | +12.5% | — | $51K | — |
| Q1 26 | -$0.14 | -$0.08 | +42.9% | — | $39K | — |
| Q4 25 | -$0.29 | -$0.35 | -20.7% | — | — | — |
| Q3 25 | -$0.29 | -$0.32 | -10.3% | — | — | — |
| Q2 25 | -$0.36 | -$0.29 | +19.4% | — | — | — |
| Q1 25 | -$0.31 | -$0.46 | -48.4% | — | $46K | — |
| Q3 24 | -$0.27 | -$0.37 | -37.0% | — | $56K | — |
| Q2 24 | -$0.25 | -$0.27 | -8.0% | — | $68K | — |
| Q1 24 | -$0.26 | -$0.32 | -23.1% | — | $59K | — |
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 | — | -$1.23 | — | — | $241K | — |
| FY24 | — | -$1.49 | — | — | $225K | — |
| FY23 | — | -$2.38 | — | — | — | — |
| FY22 | — | -$1.57 | — | — | $237K | — |
| FY21 | — | -$1.05 | — | — |
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 | $310K | $237K | — | $225K | $241K |
| YoY change | — | -23.5% | — | — | +7.11% |
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 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 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 | 310K | 237K | — | 225K | 241K |
| Cost of revenue | 769K | 498K | — | 742K | 874K |
| Gross profit | -459K | -261K | — | -517K | -633K |
| Gross margin | -148.1% | -110.1% | — | -229.8% | -262.7% |
| Research & development | 3.9M | 5M | — | 10.2M | 12.5M |
| Selling, general & administrative | 2.5M | 3.5M | — | 8.6M | 9.2M |
| Operating expenses | 6.4M | 8.4M | — | 18.7M | 21.6M |
| Operating income | -6.9M | -8.7M | — | -19.3M | -22.3M |
| Operating margin | -2.2K% | -3.7K% | — | -8.6K% | -9.2K% |
| Non-operating income, net | -1.8M | -7.2M | — | -723K | 104K |
| Pretax income | -8.7M | -15.9M | — | -20.8M | -23.8M |
| Income tax | — | — | — | — | — |
| Net income | -8.7M | -15.9M | — | -20.8M | -23.8M |
| Net margin | -2.8K% | -6.7K% | — | -9.2K% | -9.9K% |
| EBITDA | -6.8M | -8.6M | — | -19.1M | -22M |
| EPS | -1.05 | -1.57 | -2.38 | -1.49 | -1.23 |
| Diluted EPS | -1.05 | -1.57 | -2.38 | -1.49 | -1.23 |
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 | 63K | 80K | 59K | 68K | 56K | 42K | 46K | 78K | 42K | 75K | 39K | 51K |
| Cost of revenue | 162K | 189K | 153K | 245K | 187K | 157K | 226K | 234K | 203K | 211K | 313K | 278K |
| Gross profit | -99K | -109K | -94K | -177K | -131K | -115K | -180K | -156K | -161K | -136K | -274K | -227K |
| Gross margin | -157.1% | -136.3% | -159.3% | -260.3% | -233.9% | -273.8% | -391.3% | -200% | -383.3% | -181.3% | -702.6% | -445.1% |
| Research & development | 2.2M | 1.9M | 2.4M | 2.6M | 2.8M | 2.5M | 2.7M | 2.5M | 2.7M | 4.6M | 3.6M | 3.1M |
| Selling, general & administrative | 2.2M | 1.4M | 2.4M | 2.1M | 2.1M | 1.9M | 2.2M | 2.4M | 2.8M | 1.7M | 2M | 2.2M |
| Operating expenses | 4.4M | 3.3M | 4.8M | 4.7M | 4.8M | 4.4M | 4.9M | 4.9M | 5.5M | 6.2M | 5.7M | 5.3M |
| Operating income | -4.5M | -3.4M | -4.9M | -4.9M | -5M | -4.5M | -5.1M | -5.1M | -5.7M | -6.4M | -6M | -5.6M |
| Operating margin | -7.1K% | -4.2K% | -8.3K% | -7.1K% | -8.9K% | -10.8K% | -11.1K% | -6.5K% | -13.6K% | -8.5K% | -15.3K% | -10.9K% |
| Non-operating income, net | -8.8M | 4.9M | -1.3M | 1M | -722K | 290K | 604K | 4K | -303K | -201K | 1.6M | -413K |
| Pretax income | -13.2M | 1.6M | -6.3M | -3.9M | -6M | -4.6M | -5M | -5.7M | -6.5M | -6.6M | -4.4M | -6M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — |
| Net income | -13.2M | 1.6M | -6.3M | -3.9M | -6M | -4.6M | -5M | -5.7M | -6.5M | -6.6M | -4.4M | -6M |
| Net margin | -21K% | 2K% | -10.6K% | -5.8K% | -10.6K% | -11K% | -10.9K% | -7.3K% | -15.4K% | -8.8K% | -11.2K% | -11.7K% |
| EBITDA | -13.2M | 1.6M | -4.9M | -4.8M | -4.9M | -4.5M | -5.1M | -5M | -5.6M | -6.3M | -5.9M | -5.3M |
| EPS | -0.68 | 0.07 | -0.32 | -0.27 | -0.37 | — | -0.29 | -0.32 | -0.35 | — | -0.08 | -0.07 |
| Diluted EPS | -0.68 | 0.07 | -0.32 | -0.27 | -0.37 | — | -0.29 | -0.32 | -0.35 | — | -0.08 | -0.07 |
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 | — | — | — | — | — | 53.4M |
| Enterprise value | — | — | — | — | — | 36.3M |
| Shares outstanding | 10.2M | 10.2M | 12.6M | 18.8M | 23.3M | 23.3M |
| Metric | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | -0.56 |
| P/S | — | — | — | — | — | 266.6 |
| P/B | — | — | — | — | — | 14.9 |
| EV/EBITDA | — | — | — | — | — | -1.57 |
| EV/Sales | — | — | — | — | — | 175.5 |
| Earnings yield | — | — | — | — | — | -178.3% |
| FCF yield | — | — | — | — | — | -15.4% |
| PEG | — | — | — | — | — | 0.01 |
| Metric | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|
| Gross margin | -148.1% | -110.1% | — | -229.8% | -262.7% | -445.1% |
| Operating margin | -2.2K% | -3.7K% | — | -8.6K% | -9.2K% | -10.9K% |
| Net margin | -2.8K% | -6.7K% | — | -9.2K% | -9.9K% | -262.7% |
| ROE | 19.3% | 44% | — | 110.4% | 201.9% | 243.6% |
| ROA | -330.6% | -623% | — | -180.2% | -277.6% | -86.5% |
| Return on tangible assets | -330.6% | -623% | — | -180.2% | -277.6% | -97.7% |
| Metric | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|
| Current ratio | 1.76 | 0.65 | — | 1.24 | 0.54 | 1.74 |
| Quick ratio | 0.99 | 0.14 | — | 1.02 | 0.41 | 1.61 |
| Debt / equity | -0.52 | -0.95 | — | -1.04 | -0.08 | 0.22 |
| Debt / assets | 8.95 | 13.5 | — | 1.7 | 0.11 | 0.03 |
| Net debt / EBITDA | -3.29 | -3.98 | — | -0.74 | 0.13 | 0.81 |
| Interest coverage | — | — | — | -24.5 | -13.9 | -48.7 |
| Metric | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|
| Revenue per share | 0.03 | 0.02 | — | 0.01 | 0.01 | 0 |
| EPS (basic) | -1.05 | -1.57 | -2.38 | -1.49 | -1.23 | -1.23 |
| EPS (diluted) | -1.05 | -1.57 | -2.38 | -1.49 | -1.23 | -0.76 |
| Book value per share | -4.43 | -3.56 | — | -1 | -0.51 | 0.05 |
| FCF per share | -0.7 | -0.89 | — | -1.01 | -0.79 | -0.21 |
| Cash per share | 0.11 | 0.02 | — | 0.29 | 0.16 | 0.26 |
| Capex per share | 0.01 | 0.02 | — | 0.05 | — | — |
| Metric | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|
| Capex / revenue | 40.3% | 92% | — | 435.6% | — | — |
| Capex / operating cash flow | -1.85% | -2.43% | — | -5.3% | — | — |
| Payout ratio | — | — | — | -11.8% | -7.66% | 0% |
| $310K |
| — |
| Q1 26 |
|---|
| Q2 26 |
|---|
| Revenue | $63K | $80K | $59K | $68K | $56K | $42K | $46K | $78K | $42K | $75K | $39K | $51K |
| YoY change | +6.78% | +40.4% | -24.4% | +7.94% | -30% | — | -22% | +14.7% | -25% | +78.6% | -15.2% | -34.6% |
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 | FY24 | FY25 |
|---|---|---|---|---|
| Cash & short-term investments | 1.1M | 183K | 5.5M | 3.7M |
| Receivables | 88K | 41K | 38K | 34K |
| Inventory | 1.1M | 1.3M | 1.7M | 1.5M |
| Total current assets | 2.4M | 1.6M | 9.4M | 6.3M |
| Property, plant & equipment | 188K | 1.2M | 1.3M | 1M |
| Goodwill & intangibles | — | — | — | — |
| Total assets | 2.6M | 2.6M | 11.5M | 8.6M |
| Accounts payable | 661K | 1M | 1.7M | 2.9M |
| Short-term debt | — | 573K | 143K | 174K |
| Total current liabilities | 1.4M | 2.5M | 7.5M | 11.6M |
| Long-term debt | 23.5M | 34M | 19.5M | 745K |
| Total liabilities | 47.6M | 38.8M | 30.4M | 20.3M |
| Shareholders' equity | -45M | -36.2M | -18.8M | -11.8M |
| Total debt | 23.5M | 34.5M | 19.7M | 919K |
| Net debt | 22.4M | 34.4M | 14.2M | -2.8M |
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 | 68K | — | — | — | — | — | — | — | 3.6M | 3.7M | 25.3M | 19.7M |
| Receivables | 55K | — | — | — | — | — | — | — | 35K | 34K | 31K | 49K |
| Inventory | 1.3M | — | — | — | — | — | — | — | 1.6M | 1.5M | 1.5M | 1.6M |
| Total current assets | 1.7M | — | — | — | — | — | — | — | 5.8M | 6.3M | 27.7M | 21.9M |
| Property, plant & equipment | 870K | — | — | — | — | — | — | — | 1.1M | 1M | 962K | 921K |
| Goodwill & intangibles | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | 2.6M | — | — | — | — | — | — | — | 8.2M | 8.6M | 29.8M | 23.9M |
| Accounts payable | 2.4M | — | — | — | — | — | — | — | 2.7M | 2.9M | 1.7M | 2M |
| Short-term debt | 824K | — | — | — | — | — | — | — | 168K | 174K | 178K | 132K |
| Total current liabilities | 4.2M | — | — | — | — | — | — | — | 9M | 11.6M | 12.2M | 12.6M |
| Long-term debt | 55.8M | — | — | — | — | — | — | — | 778K | 745K | 711K | 678K |
| Total liabilities | 82.3M | — | — | — | — | — | — | — | 15.7M | 20.3M | 19.3M | 20.3M |
| Shareholders' equity | -79.7M | — | — | — | — | — | — | — | -7.5M | -11.8M | 10.6M | 3.7M |
| Total debt | 56.6M | — | — | — | — | — | — | — | 946K | 919K | 889K | 810K |
| Net debt | 56.5M | — | — | — | — | — | — | — | -2.6M | -2.8M | -24.4M | -18.9M |
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 | -8.7M | -15.9M | — | -20.8M | -23.8M |
| Depreciation & amortization | 71K | 75K | — | 173K | 302K |
| Stock-based compensation | — | — | — | 562K | 745K |
| Change in working capital | 94K | -331K | — | -406K | 1M |
| Operating cash flow | -6.8M | -9M | 13.4M | -18.5M | -18.2M |
| Capital expenditure | -125K | -218K | — | -980K | — |
| Investing cash flow | -125K | -218K | — | -980K | — |
| Dividends paid | — | — | — | -2.4M | -1.8M |
| Share repurchases | — | — | — | — | — |
| Financing cash flow | 8M | 8M | — | 17.5M | 13.5M |
| Net change in cash | 1.1M | -1.2M | 13.4M | -2M | -4.7M |
| Free cash flow | -7.1M | -9M | — | -18.9M | -18.4M |
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 23 | Q3 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income | -13.2M | 1.5M | -6.3M | -3.9M | -6M | -4.6M | -5M | -5.7M | -6.5M | -6.6M | -4.4M | -6M |
| Depreciation & amortization | 29K | 29K | 34K | 42K | 49K | 48K | 61K | 85K | 76K | 80K | 73K | 74K |
| Stock-based compensation | 0 | 0 | 123K | 142K | 144K | 153K | 160K | 146K | 324K | 115K | 283K | 246K |
| Change in working capital | 199K | 740K | -789K | 1.1M | -601K | -157K | 798K | -69K | 890K | -611K | -1.3M | 71K |
| Operating cash flow | -4.2M | -2.5M | -6.9M | -3.3M | -5.7M | -3.3M | -3.2M | -4.5M | -4.3M | -5.7M | -6.1M | -5.5M |
| Capital expenditure | -11K | -62K | -109K | -790K | -615K | 534K | -6K | — | — | — | — | — |
| Investing cash flow | -11K | -62K | -109K | -790K | -615K | 534K | -6K | — | — | — | — | — |
| Dividends paid | — | — | — | — | -1.8M | -614K | -1.2M | -607K | 0 | 1K | 0 | 0 |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | 3M | 15.7M | 6.7M | 2.5M | 5.7M | 4.4M | 3.6M | 4.4M | 2.4M | 4.1M | 27.6M | -109K |
| Net change in cash | -1.2M | 13.1M | -297K | -1.6M | -696K | 1.7M | 337K | -22K | -2M | -1.6M | 21.5M | -5.6M |
| Free cash flow | -4M | 1M | -6M | -5.7M | -3.9M | -3.9M | -3.7M | -4.5M | -4.3M | -5.9M | -6.1M | -5.5M |