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 | — | -$0.19 | — | — | $262.5K | — |
| FY24 | — | -$1.8 | — | — | $0 | — |
| FY23 | — | -$0.1 | — | — | $0 | — |
| FY22 | — | -$0.61 | — | — | $0 | — |
| FY21 | — | -$2.18 | — | — | $0 | — |
| FY20 | — | $1.58 | — | — | $0 | — |
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 | $0 | $0 | $0 | $0 | $0 | $262.5K |
| YoY change | — | 0% | 0% | 0% | 0% | +InfinityT% |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 |
|---|---|---|---|---|---|---|
| Revenue | $0 | $20.6K |
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 | 0 | 0 | 0 | 0 | 0 | 262.5K |
| Cost of revenue | — | — | — | — | — | 145.9K |
| Gross profit | — | — | — | — | — | 116.6K |
| Gross margin | — | — | — | — | — | 44.4% |
| Research & development | — | — | — | — | — | — |
| Selling, general & administrative | 204K | 842.8K | 1.6M | 798.5K | 1.1M | 3.1M |
| Operating expenses | 204K | 842.8K | 1.6M | 798.5K | 1.1M | 3.1M |
| Operating income | -204K | -842.8K | -1.6M | -798.5K | -1.1M | -3M |
| Operating margin | — | — | — | — | — | -1.1K% |
| Non-operating income, net | 5.5M | -8.7M | -2.5M | 332K | -105.6K | 464.3K |
| Pretax income | 4.1M | -12.3M | -4.4M | -650.1K | -1.5M | -2.9M |
| Income tax | 0 | -53.1K | 69.7K | 96.7K | 14K | 40.5K |
| Net income | 4.1M | -12.2M | -4.5M | -746.8K | -1.6M | -2.9M |
| Net margin | — | — | — | — | — | -1.1K% |
| EBITDA | -14.1K | -599.8K | -1.3M | -207K | -1.1M | -2.4M |
| EPS | 1.58 | -2.18 | -0.61 | -0.1 | -1.8 | -0.19 |
| Diluted EPS | 1.58 | -2.18 | -0.61 | -0.1 | -1.8 | -0.19 |
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 |
|---|---|---|---|---|---|---|
| Revenue | 0 | 20.6K | 62.2K | 90.8K | 88.8K | 108.4K |
| Cost of revenue | — | 11.8K | 35.6K | 46.6K | 51.9K | 53.7K |
| Gross profit | — | 8.8K | 26.6K | 44.2K | 37K | 54.7K |
| Gross margin | — | 42.8% | 42.8% | 48.7% | 41.6% | 50.5% |
| Research & development | — | — | — | — | — | — |
| Selling, general & administrative | 345.9K | 1.2M | 1.1M | 257.7K | 651.4K | 593.3K |
| Operating expenses | 345.9K | 1.2M | 1.1M | 257.7K | 651.4K | 593.3K |
| Operating income | -345.9K | -1.2M | -1M | -213.5K | -614.4K | -538.6K |
| Operating margin | — | -5.6K% | -1.6K% | -235.1% | -691.5% | -497.1% |
| Non-operating income, net | -110.3K | 299K | — | — | 165.3K | 90.1K |
| Pretax income | -606.9K | -850.5K | -1.2M | -295.7K | -469.3K | -474.5K |
| Income tax | -171 | 33.9K | 828 | 4.7K | 1.1K | 72.9K |
| Net income | -606.7K | -884.5K | -1.2M | -300.4K | -470.4K | -547.4K |
| Net margin | — | -4.3K% | -2K% | -330.7% | -529.4% | -505.2% |
| EBITDA | -455.7K | -850.5K | -982.8K | -165.4K | -391.7K | -403.4K |
| EPS | — | -0.9 | -0.5 | -0.08 | — | -0.03 |
| Diluted EPS | — | -0.9 | -0.5 | -0.08 | — | -0.03 |
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 | 130.5M | — | — | 120.7M | — | — | 4.5M |
| Enterprise value | 47.9M | — | — | 136.7M | — | — | -154.6M |
| Shares outstanding | 2.6M | 5.6M | 7.3M | 7.8M | 856.2K | 15.2M | 15.2M |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| P/E | 32.2 | — | — | — | — | — | 0.26 |
| P/S | — | — | — | — | — | — | 14.1 |
| P/B | 1.42 | — | — | 1.1 | — | — | 0.03 |
| EV/EBITDA | -3.4K | — | — | -660.6 | — | — | 64.7 |
| EV/Sales | — | — | — | — | — | — | -441.4 |
| Earnings yield | 3.1% | — | — | — | — | — | 377.8% |
| FCF yield | 63% | — | — | -56.4% | — | — | 3.05% |
| PEG | — | — | — | — | — | — | -0 |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Gross margin | — | — | — | — | — | 44.4% | 50.5% |
| Operating margin | — | — | — | — | — | -1.1K% | -497.1% |
| Net margin | — | — | — | — | — | -1.1K% | 44.4% |
| ROE | 4.4% | -9.8% | -4.02% | -0.68% | -1.49% | -2.03% | -1.96% |
| ROA | 2.95% | -7.98% | -3.2% | -0.55% | -1.29% | -1.84% | -1.03% |
| ROIC | -2.13% | 10.2% | 14.3% | -0.64% | -1% | -2.07% | 21.7% |
| Return on tangible assets | 2.95% | -7.98% | -3.2% | -0.55% | -1.29% | -1.86% | -1.62% |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Current ratio | 2.77 | 6.41 | 5.71 | 5.72 | 9.25 | 14.1 | 18.5 |
| Quick ratio | 2.77 | 6.41 | 5.71 | 5.72 | 9.25 | 14.1 | 18.5 |
| Debt / equity | 0.27 | 0.15 | 0.15 | 0.15 | 0.05 | 0.02 | 0 |
| Debt / assets | 0.18 | 0.12 | 0.12 | 0.12 | 0.04 | 0.02 | 0 |
| Net debt / EBITDA | 5.8K | 221.8 | 95 | -77.6 | -4.5 | -1.04 | 81.7 |
| Interest coverage | 3.77 | -2.95 | -5.39 | -0.49 | -2.23 | -5.77 | -4.14 |
| Effective tax rate | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Revenue per share | 0 | 0 | 0 | 0 | 0 | 0.02 | 0.17 |
| EPS (basic) | 1.58 | -2.18 | -0.61 | -0.1 | -1.8 | -0.19 | -0.19 |
| EPS (diluted) | 1.58 | -2.18 | -0.61 | -0.1 | -1.8 | -0.19 | 6.8 |
| Book value per share | 35.9 | 22.2 | 15.1 | 14 | 122.3 | 9.43 | 64.3 |
| FCF per share | 32.1 | -0.29 | -0.05 | -8.75 | -12.6 | 4.36 | 0.1 |
| Cash per share | 42 | 27.1 | 18.9 | 0 | 0.03 | 0 | 69.2 |
| Capex per share | 0 | 0 | — | — | — | — | — |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Capex / operating cash flow | 0% | 0% | — | — | — | — | — |
| Payout ratio | — | — | — | — | — | — | 0% |
| $62.2K |
| $90.8K |
| $88.8K |
| $108.4K |
| YoY change | — | — | — | — | +InfinityT% | +425.3% |
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 | 107.8M | 152M | 138.8M | 32.4K | 25.3K | 40.2K |
| Receivables | 308.7K | 0 | — | — | — | — |
| Inventory | — | — | — | — | — | — |
| Total current assets | 108.2M | 153.1M | 139.1M | 136.5M | 121.1M | 156.8M |
| Property, plant & equipment | 28.9M | 5.7K | 4.7K | — | 118.9K | 65.1K |
| Goodwill & intangibles | — | — | — | — | — | 1.5M |
| Total assets | 137.1M | 153.3M | 139.1M | 136.5M | 121.2M | 157.6M |
| Accounts payable | 76.1K | 77.9K | 71.3K | 70.1K | 68K | 122.2K |
| Short-term debt | 24.9M | 18.9M | 16.8M | 16.1M | 4.8M | 2.5M |
| Total current liabilities | 39M | 23.9M | 24.4M | 23.9M | 13.1M | 11.1M |
| Long-term debt | 306.5K | 64.6K | 0 | — | 56.5K | — |
| Total liabilities | 45M | 28.5M | 28.3M | 27.2M | 16.5M | 14.5M |
| Shareholders' equity | 92.2M | 124.8M | 110.8M | 109.2M | 104.7M | 143.1M |
| Total debt | 25.2M | 19M | 16.8M | 16.1M | 4.8M | 2.5M |
| Net debt | -82.6M | -133.1M | -122M | 16.1M | 4.8M | 2.5M |
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 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 |
|---|---|---|---|---|---|---|
| Cash & short-term investments | 25.3K | 129.6M | 131.1M | 131.9M | 40.2K | 158.8M |
| Receivables | — | — | — | — | — | — |
| Inventory | — | — | — | — | — | — |
| Total current assets | 121.1M | 129.9M | 131.3M | 132.1M | 156.8M | 158.9M |
| Property, plant & equipment | 118.9K | 890.4K | 867.7K | 838.3K | 65.1K | 50.7K |
| Goodwill & intangibles | — | — | — | — | 1.5M | 1.5M |
| Total assets | 121.2M | 130.7M | 132.2M | 133M | 157.6M | 159.7M |
| Accounts payable | 68K | 117.8K | 119.3K | 120.1K | 122.2K | 123.9K |
| Short-term debt | 4.8M | 4.8M | 4.5M | 3.1M | 2.5M | 62.5K |
| Total current liabilities | 13.1M | 13M | 12.7M | 14.7M | 11.1M | 8.6M |
| Long-term debt | 56.5K | 57.4K | 29.1K | 29.5K | — | — |
| Total liabilities | 16.5M | 16.5M | 16.1M | 14.8M | 14.5M | 11.9M |
| Shareholders' equity | 104.7M | 114.3M | 116.1M | 118.2M | 143.1M | 147.7M |
| Total debt | 4.8M | 4.8M | 4.5M | 3.1M | 2.5M | 62.5K |
| Net debt | 4.8M | -124.8M | -126.6M | -128.8M | 2.5M | -158.7M |
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 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|
| Net income | 4.1M | -12.2M | -4.5M | -746.8K | -1.6M | -2.9M |
| Depreciation & amortization | 0 | 638 | 612 | 584 | 119 | 47K |
| Stock-based compensation | 11K | 223.4K | 0 | — | — | 831.5K |
| Change in working capital | 70.8M | 163.1K | 7.8K | -5.3K | -1.2K | 127.3K |
| Operating cash flow | 89.5M | -12.5M | -3.9M | -712.9K | -919.7K | -1.5M |
| Capital expenditure | -1.9K | 0 | — | — | — | — |
| Investing cash flow | -1.9K | 0 | — | -69.1M | 11M | -98.7M |
| Dividends paid | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — |
| Financing cash flow | 6.5M | 42.6M | 0 | — | — | 32.1M |
| Net change in cash | 96M | 30.1M | -3.9M | -69.8M | 10.1M | -68.1M |
| Free cash flow | 82.2M | -1.6M | -351.9K | -68.1M | -10.8M | 66.2M |
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 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 |
|---|---|---|---|---|---|---|
| Net income | -606.7K | -884.5K | -1.2M | -300.4K | -470.4K | -547.4K |
| Depreciation & amortization | — | — | 9.8K | 15.3K | 21.9K | 10.4K |
| Stock-based compensation | — | — | 831.5K | 87.4K | -87.4K | 437.9K |
| Change in working capital | -14.4K | 17.4K | 33.4K | 8.6K | 66.7K | -31.1K |
| Operating cash flow | 11.5K | -850K | -135.8K | -58.7K | -428.9K | -53.6K |
| Capital expenditure | — | — | — | 0 | — | — |
| Investing cash flow | -57.5M | 56M | 0 | 0 | -154.7M | 156.8M |
| Dividends paid | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — |
| Financing cash flow | — | 9.9M | 0 | 0 | 22.3M | 0 |
| Net change in cash | -57.5M | 65M | -135.8K | -58.7K | -132.9M | 156.8M |
| Free cash flow | -10.4M | 63.8M | -131.3K | -53K | 2.5M | -125.9K |