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 | -$0.3 | -$0.45 | -50.0% | — | $144.5K | — |
| Q1 26 | -$0.6 | -$0.59 | +1.7% | — | $104.6K | — |
| Q3 25 | -$1 | -$1.2 | -20.0% | — | $70K | — |
| Q2 25 | -$2.74 | -$2.7 | +1.5% | — | $33.7K | — |
| Q1 25 | -$2.91 | -$4.39 | -50.9% | — | $47.2K | — |
| Q4 24 | -$481.5 | -$505 | -4.9% | — | $306.4K | — |
| Q3 24 | -$478.5 | -$411 | +14.1% | — | $47.6K | — |
| Q2 24 | -$2.1K | -$616.5 | +70.6% | — | $8.7K | — |
| Q1 24 | -$0.06 | -$0.08 | -33.3% | — | $5.5K | — |
| Q4 23 | -$1.5K | -$1.8K | -20.0% | — | $40.4K | — |
| Q3 23 | -$0.16 | -$0.14 | +12.5% | — | $25.2K | — |
| Q2 23 | -$0.19 | -$0.19 | 0.0% | — | $551K | — |
| Q1 23 | -$0.18 | -$0.17 | +5.6% | — | $872.8K | — |
| Q4 22 | -$0.17 | -$0.16 | +5.9% | — | $262K | — |
| Q3 22 | -$0.2 | -$0.16 | +20.0% | — | $0 | — |
| Q2 22 | -$0.14 | -$0.15 | -7.1% | — | $0 | — |
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 | — | -$5.17 | — | — | $219K | — |
| FY24 | — | -$2.2K | — | — | $368.1K | — |
| FY23 | — | -$51.8 | — | — | $1.5M | — |
| FY22 | — | -$56.4 | — | — | $262K | — |
| FY21 | — | -$120.9 |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|
| Revenue | $124.5K | $0 | $0 | $262K | $1.5M | $368.1K | $219K |
| YoY change | — | -100% | 0% | +InfinityT% | +468.4% | -75.3% | -40.5% |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | Q3 23 | Q4 23 |
|---|
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|
| Revenue | 124.5K | 0 | 0 | 262K | 1.5M | 368.1K | 219K |
| Cost of revenue | — | — | 0 | 186.8K | 1.2M | 535.7K | 135.7K |
| Gross profit | — | — | 0 | 75.2K | 267K | -167.6K | 83.2K |
| Gross margin | — | — | — | 28.7% | 17.9% | -45.5% | 38% |
| Research & development | 5.7M | 5.1M | 5M | 9.5M | 12.7M | 11.3M | 12.5M |
| Selling, general & administrative | 4M | 3.3M | 4.4M | 10M | 10.9M | 11.4M | 13.3M |
| Operating expenses | 9.7M | 8.4M | 9.4M | 19.5M | 23.6M | 22.7M | 25.8M |
| Operating income | -9.6M | -8.4M | -9.4M | -19.4M | -23.3M | -22.8M | -25.7M |
| Operating margin | -7.7K% | — | — | -7.4K% | -1.6K% | -6.2K% | -11.7K% |
| Non-operating income, net | — | -5K | 1.6M | 120.1K | 396.8K | -9.4M | 2M |
| Pretax income | -9.3M | -8.3M | -7.8M | -19.2M | -22.8M | -33.3M | -23.5M |
| Income tax | — | — | — | — | — | — | — |
| Net income | -9.3M | -8.3M | -7.8M | -19.2M | -22.8M | -33.3M | -23.5M |
| Net margin | -7.5K% | — | — | -7.3K% | -1.5K% | -9.1K% | -10.7K% |
| EBITDA | -9.4M | -8.2M | -10.9M | -18.8M | -22.4M | -12.7M | -25.6M |
| EPS | -32.1 | -28.7 | -120.9 | -56.4 | -51.8 | -2.2K | -5.17 |
| Diluted EPS | -32.1 | -28.7 | -120.9 | -56.4 | -51.8 | -2.2K | -5.17 |
Revenue, gross profit, operating income, and net income per period.
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 25.2K | 40.4K | 5.5K | 8.7K | 47.6K | 306.4K | 47.2K | 33.7K | 70K | 68.1K | 104.6K | 144.5K |
| Cost of revenue | 42.4K | 100.6K | 113.8K | 14.9K | 157.3K | 249.8K | 11.8K | 16.9K | 50.8K | 56.2K | 57.4K | 89K |
| Gross profit | -17.2K | -60.2K | -108.3K | -6.3K | -109.7K | 56.6K | 35.3K | 16.8K | 19.2K | 11.9K | 47.2K | 55.5K |
| Gross margin | -68.2% | -149.3% | -2K% | -72.2% | -230.5% | 18.5% | 74.9% | 49.8% | 27.4% | 17.5% | 45.2% | 38.4% |
| Research & development | 2.9M | 3M | 3.2M | 3.2M | 2.8M | 2.1M | 2.1M | 2M | 5.3M | 3.1M | 2.9M | 3.2M |
| Selling, general & administrative | 2.7M | 2.3M | 2.7M | 2.6M | 2.6M | 3.5M | 3.1M | 3.5M | 3.2M | 3.4M | 4.1M | 3.7M |
| Operating expenses | 5.6M | 5.3M | 5.9M | 5.8M | 5.4M | 5.6M | 5.3M | 5.5M | 8.4M | 6.6M | 7M | 6.8M |
| Operating income | -5.6M | -5.4M | -6M | -5.8M | -5.5M | -5.5M | -5.2M | -5.5M | -8.4M | -6.6M | -6.9M | -6.8M |
| Operating margin | -22.3K% | -13.4K% | -108.2K% | -67.1K% | -11.6K% | -1.8K% | -11.1K% | -16.3K% | -12K% | -9.6K% | -6.6K% | -4.7K% |
| Non-operating income, net | 105.3K | -791 | -5K | -5.1K | 34.5K | -5.3M | -2.5M | 251.5K | 230.9K | 310.6K | 432.9K | 377.9K |
| Pretax income | -5.5M | -5.4M | -6M | -5.8M | -5.4M | -12M | -7.6M | -5.4M | -8.4M | -5.7M | -6.5M | -6.4M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — |
| Net income | -5.5M | -5.4M | -6M | -5.8M | -5.4M | -12M | -7.6M | -5.4M | -8.4M | -5.7M | -6.5M | -6.4M |
| Net margin | -21.7K% | -13.3K% | -108.3K% | -67.2K% | -11.4K% | -3.9K% | -16.1K% | -16.2K% | -12.1K% | -8.3K% | -6.2K% | -4.4K% |
| EBITDA | -5.4M | -5.1M | -5.7M | -5.6M | -5.3M | -5.5M | -2.4M | -5.1M | -8.1M | -6.3M | -6.6M | -6.4M |
| EPS | -11 | — | -1.2K | -616.5 | -411 | — | -6.6 | -2.7 | -1.2 | — | -0.59 | -0.45 |
| Diluted EPS | -11 | — | -1.2K | -616.5 | -411 | — | -6.6 | -2.7 | -1.2 | — | -0.59 | -0.45 |
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 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Market cap | — | — | — | — | — | — | — | 10.1M |
| Enterprise value | — | — | — | — | — | — | — | -22.9M |
| Shares outstanding | 290.8K | 290.8K | 64.5K | 343.6K | 439.9K | 13.2K | 4.5M | 4.5M |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | — | -0.13 |
| P/S | — | — | — | — | — | — | — | 26.1 |
| P/B | — | — | — | — | — | — | — | 0.21 |
| EV/EBITDA | — | — | — | — | — | — | — | 0.81 |
| EV/Sales | — | — | — | — | — | — | — | -59.2 |
| Earnings yield | — | — | — | — | — | — | — | -786.3% |
| FCF yield | — | — | — | — | — | — | — | -163% |
| PEG | — | — | — | — | — | — | — | 0 |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Gross margin | — | — | — | 28.7% | 17.9% | -45.5% | 38% | 38.4% |
| Operating margin | -7.7K% | — | — | -7.4K% | -1.6K% | -6.2K% | -11.7K% | -4.7K% |
| Net margin | -7.5K% | — | — | -7.3K% | -1.5K% | -9.1K% | -10.7K% | 38% |
| ROE | -67.6% | -149% | -35.1% | -79.8% | -214.5% | 3.2K% | -60.6% | -59% |
| ROA | -66.3% | -125% | -34.4% | -75.4% | -175% | -110.8% | -46.9% | -32.2% |
| Return on tangible assets | -66.6% | -126.3% | -34.5% | -78.3% | -210% | -126.7% | -47.8% | -49.8% |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Current ratio | 48.1 | 17.1 | 55.3 | 17.1 | 4.55 | 7.44 | 8.29 | 16.3 |
| Quick ratio | 48.1 | 17.1 | 55.3 | 17.1 | 4.55 | 7.39 | 7.87 | 15.7 |
| Debt / equity | — | 0.12 | — | 0.02 | 0.09 | -0.3 | 0.18 | 0.15 |
| Debt / assets | — | 0.1 | — | 0.01 | 0.08 | 0.01 | 0.14 | 0.12 |
| Net debt / EBITDA | — | 0.65 | — | 1.18 | 0.32 | 1.83 | 1.09 | 1.2 |
| Interest coverage | — | — | -981.2 | — | — | — | — | — |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Revenue per share | 0.43 | 0 | 0 | 0.76 | 3.39 | 27.8 | 0.05 | 0.04 |
| EPS (basic) | -32.1 | -28.7 | -120.9 | -56.4 | -51.8 | -2.2K | -5.17 | -5.17 |
| EPS (diluted) | -32.1 | -28.7 | -120.9 | -56.4 | -51.8 | -2.2K | -5.17 | -0.29 |
| Book value per share | 47.5 | 19.3 | 345 | 70.2 | 24.2 | -79.3 | 8.54 | 3.09 |
| FCF per share | -32.2 | -27.2 | -135 | -51.4 | -48.3 | -1.6K | -5.47 | -1.72 |
| Cash per share | 45.7 | 20.8 | 340.4 | 65.8 | 18.5 | 1.8K | 7.65 | 2.75 |
| Capex per share | — | 0 | 0.96 | 2.67 | 2.38 | 79.5 | — | — |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Capex / revenue | — | — | — | 350.5% | 70.2% | 285.6% | — | — |
| Capex / operating cash flow | — | 0% | -0.76% | -5.84% | -5.62% | -3.63% | — | — |
| Payout ratio | — | — | — | — | — | — | — | 0% |
| — |
| — |
| $0 |
| — |
| FY20 | — | -$28.7 | — | — | $0 | — |
| FY19 | — | -$32.1 | — | — | $124.5K | — |
| Q1 24 |
|---|
| Q2 24 |
|---|
| Q3 24 |
|---|
| Q4 24 |
|---|
| Q1 25 |
|---|
| Q2 25 |
|---|
| Q3 25 |
|---|
| Q4 25 |
|---|
| Q1 26 |
|---|
| Q2 26 |
|---|
| Revenue | $25.2K | $40.4K | $5.5K | $8.7K | $47.6K | $306.4K | $47.2K | $33.7K | $70K | $68.1K | $104.6K | $144.5K |
| YoY change | +InfinityT% | -84.6% | -99.4% | -98.4% | +88.8% | +659.2% | +755.3% | +289.2% | +47.1% | -77.8% | +121.8% | +328.3% |
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 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 13.3M | 6.1M | 21.9M | 22.6M | 8.2M | 23.6M | 34.7M |
| Receivables | — | — | — | 210.9K | 9.5K | 585.4K | 1.5M |
| Inventory | — | — | — | 66.8K | 0 | 150.2K | 2M |
| Total current assets | 13.8M | 6.5M | 22.5M | 23.8M | 9.5M | 25.6M | 39.8M |
| Property, plant & equipment | 289.4K | 133.8K | 102.8K | 1.3M | 1.5M | 2.6M | 9.2M |
| Goodwill & intangibles | 75.7K | 68.8K | 61.8K | 946.2K | 2.2M | 3.8M | 932.4K |
| Total assets | 14.1M | 6.7M | 22.7M | 25.5M | 13M | 30.1M | 50.1M |
| Accounts payable | 116.4K | 73K | 112.3K | 155.9K | 197K | 247.8K | 217.4K |
| Short-term debt | — | — | — | 376.6K | 682.7K | 317.3K | 312.4K |
| Total current liabilities | 286.2K | 380.4K | 407.4K | 1.4M | 2.1M | 3.4M | 4.8M |
| Long-term debt | — | 695.1K | — | 0 | 317.3K | 0 | 6.5M |
| Total liabilities | 286.2K | 1.1M | 407.4K | 1.4M | 2.4M | 31.1M | 11.3M |
| Shareholders' equity | 13.8M | 5.6M | 22.2M | 24.1M | 10.6M | -1M | 38.8M |
| Total debt | — | 695.1K | — | 376.6K | 1M | 317.3K | 6.8M |
| Net debt | — | -5.4M | — | -10.2M | -2.6M | -23.3M | 5.8M |
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 | Q3 23 | Q4 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 | 8.2M | 8.2M | 4.8M | 7M | 2.8M | 23.6M | 16.3M | 39.2M | 34.9M | 34.7M | 44.4M | 39.7M |
| Receivables | — | 9.5K | 55.1K | 124.6K | 246.1K | 585.4K | 142K | 372.2K | 675.2K | 1.5M | 2.7M | 1.3M |
| Inventory | — | 0 | 70.3K | — | 375.6K | 150.2K | 902.2K | 985.7K | 885.5K | 2M | 1.8M | 1.7M |
| Total current assets | 8.6M | 9.5M | 6.3M | 8.3M | 4.5M | 25.6M | 18.7M | 43.6M | 39.1M | 39.8M | 49.9M | 44M |
| Property, plant & equipment | 1.4M | 1.5M | 1.7M | 2.6M | 2.5M | 2.6M | 2.6M | 9M | 9.2M | 9.2M | 9.2M | 9.2M |
| Goodwill & intangibles | 2.3M | 2.2M | 2.1M | 2M | 3M | 3.8M | 5.1M | 6.1M | 941.6K | 932.4K | 924.2K | 905.4K |
| Total assets | 11.6M | 13M | 9.8M | 11.9M | 8.5M | 30.1M | 24.3M | 56.2M | 49.3M | 50.1M | 61M | 55M |
| Accounts payable | 234.4K | 197K | 248.7K | 180.2K | 190.5K | 247.8K | 281.7K | 176.3K | 360.4K | 217.4K | 372.7K | 168.6K |
| Short-term debt | 413.4K | 682.7K | 724.7K | 691.3K | 505.2K | 317.3K | 127.6K | 202.6K | 37K | 312.4K | 650.3K | 844.7K |
| Total current liabilities | 1.3M | 2.1M | 1.7M | 2.2M | 1.8M | 3.4M | 2.2M | 3M | 3.9M | 4.8M | 4.1M | 2.7M |
| Long-term debt | — | 317.3K | 127.6K | 0 | 0 | 0 | — | 6.4M | 6.7M | 6.5M | 6.3M | 6M |
| Total liabilities | 1.3M | 2.4M | 1.8M | 2.2M | 1.8M | 31.1M | 2.2M | 9.4M | 10.6M | 11.3M | 10.4M | 10.4M |
| Shareholders' equity | 10.2M | 10.6M | 8M | 9.7M | 6.6M | -1M | 22.1M | 46.8M | 38.7M | 38.8M | 50.6M | 44.6M |
| Total debt | 413.4K | 1M | 852.2K | 691.3K | 505.2K | 317.3K | 127.6K | 6.6M | 6.7M | 6.8M | 6.9M | 6.8M |
| Net debt | -3.1M | -2.6M | -1.3M | -5.2M | -1.5M | -23.3M | -874.8K | -24.7M | 1.9M | 5.8M | 1.8M | 4.6M |
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 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|
| Net income | -9.3M | -8.3M | -7.8M | -19.2M | -22.8M | -33.3M | -23.5M |
| Depreciation & amortization | 159.3K | 159K | 85.9K | 604.9K | 961.3K | 669.4K | 1.2M |
| Stock-based compensation | 213.2K | 131.7K | 1.1M | 2.9M | 3.2M | 2.4M | 1.6M |
| Change in working capital | -314.5K | 94.2K | 39.3K | 43.7K | 41K | 50.8K | -1.4M |
| Operating cash flow | -9.3M | -8M | -8.1M | -15.7M | -18.6M | -29M | -23.6M |
| Capital expenditure | — | 0 | -62.2K | -918.3K | -1M | -1.1M | — |
| Investing cash flow | — | 0 | -20K | -12.9M | 7.1M | 3.9M | -32.9M |
| Dividends paid | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — |
| Financing cash flow | 550 | 695.1K | 24.2M | 18.1M | 6.1M | 18M | 35.1M |
| Net change in cash | -9.3M | -7.3M | 16M | -10.5M | -5.4M | -7.1M | -21.4M |
| Free cash flow | -9.4M | -7.9M | -8.7M | -17.7M | -21.2M | -21.2M | -24.8M |
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 | -5.5M | -5.4M | -6M | -5.8M | -5.4M | -12M | -7.6M | -9.1M | -8.4M | -5.7M | -6.5M | -6.4M |
| Depreciation & amortization | 232.3K | 253.9K | 225.6K | 230.3K | 237K | -23.4K | 240.9K | 362.2K | 291.2K | 295.5K | 316.6K | 308.9K |
| Stock-based compensation | 719.3K | 690.2K | 654K | 615.7K | 601.8K | 577.7K | 536.2K | 456.9K | 354.9K | 273K | 386.3K | 376.5K |
| Change in working capital | -71K | -37.4K | 51.7K | -68.5K | 10.3K | 107.3K | 33.9K | -105.4K | 184.1K | -143K | -185.1K | 1.3M |
| Operating cash flow | -4.6M | -4.5M | -5M | -5M | -4.6M | -11.4M | -6.8M | -6.3M | -4.1M | -6.7M | -8.4M | -4.8M |
| Capital expenditure | -422.6K | -141.4K | -214.2K | -363.3K | -162.4K | -311.5K | -178.5K | — | — | — | — | — |
| Investing cash flow | 4.1M | 13.2K | 1.8M | 1.2M | 104.4K | 508.9K | -15.4M | 7.7M | -21.9M | -3.4M | -5.1M | 2.2M |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | 1M | 5.1M | 2.7M | 6.9M | 1.8M | 17.8M | -1K | 29.6M | 0 | 5.5M | 17.9M | 0 |
| Net change in cash | 547.9K | 678.3K | -577.9K | 3.1M | -2.7M | 6.9M | -22.2M | 31M | -26M | -4.6M | 4.4M | -2.6M |
| Free cash flow | -5.2M | -5.2M | -6.1M | -4.8M | -6M | 5.3M | -7.3M | -7M | -4.6M | -5.9M | -8.7M | -5.1M |