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 | -$0.2 | -$0.26 | -30.0% | — | $2.7M | — |
| Q1 26 | -$0.14 | -$0.17 | -21.4% | — | $2.3M | — |
| Q4 25 | -$0.18 | -$0.29 | -61.1% | — | $1.9M | — |
| Q3 25 | -$0.26 | -$0.25 | +3.8% | — | $2.2M | — |
| Q2 25 | -$0.53 | -$0.61 | -15.1% | — | $2.1M | — |
| Q1 25 | -$0.64 | -$0.63 | +1.6% | — | $1.5M | — |
| Q4 24 | -$0.76 | -$1.12 | -47.4% | — | $1.6M | — |
| Q3 24 | -$1.16 | -$0.06 | +94.8% | — | $1.3M | — |
| Q2 24 | -$1.75 | -$2.5 | -42.9% | — | $1.7M | — |
| Q1 24 | -$2 | -$0.75 | +62.5% | — | $1.3M | — |
| Q4 23 | -$3 | -$1.92 | +36.0% | — | $916.3K | — |
| Q3 23 | -$3.75 | -$3.13 | +16.5% | — | $2.1M | — |
| Q2 23 | -$3.5 | -$4 | -14.3% | — | $1.9M | — |
| Q1 23 | — | -$0.15 | — | — | $1.6M | — |
| Q4 22 | -$0.14 | -$0.49 | -250.0% | — | $1.3M | — |
| Q3 22 | -$0.16 | -$0.16 | 0.0% | — | $1.9M | — |
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 | — | -$1.46 | — | — | $7.7M | — |
| FY24 | — | -$4.4 | — | — | $6.6M | — |
| FY23 | — | -$14 | — | — | $6.6M | — |
| FY22 | — | -$20.5 | — | — | $7.6M | — |
| FY21 |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.4M | $1.4M | $4.4M | $7.1M | $7.6M | $6.6M | $6.6M | $7.7M |
| YoY change | — | -0.47% | +216.1% | +61.7% | +7.81% | -13.8% | +0.09% | +17.8% |
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 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1.4M | 1.4M | 4.4M | 7.1M | 7.6M | 6.6M | 6.6M | 7.7M |
| Cost of revenue | 452.4K | 218.8K | 2.6M | 4.4M | 6.8M | 4.5M | 5.2M | 6.4M |
| Gross profit | 934.6K | 1.2M | 1.8M | 2.6M | 790.7K | 2.1M | 1.4M | 1.3M |
| Gross margin | 67.4% | 84.1% | 40.3% | 37.5% | 10.4% | 31.5% | 21.3% | 17.1% |
| Research & development | 16.2K | 16.9K | 568K | 510.9K | 651.3K | 1.6M | 927.4K | 2M |
| Selling, general & administrative | 1.1M | 2.3M | 6.1M | 19.7M | 24.9M | 19.8M | 13.3M | 17.6M |
| Operating expenses | 1.5M | 4.5M | 10.1M | 21.6M | 26.9M | 23.9M | 15.6M | 21.8M |
| Operating income | -580.9K | -3.3M | -8.4M | -19.3M | -26.9M | -22.4M | -14.7M | -20.8M |
| Operating margin | -41.9% | -241.8% | -193.5% | -273% | -353.8% | -341.7% | -224.7% | -268.9% |
| Non-operating income, net | 124.5K | -7.6M | 450.6K | 3M | -791.2K | -1.3M | 754.8K | -3.3M |
| Pretax income | -601.7K | -11.1M | -8M | -16.2M | -27.7M | -23.6M | -13.9M | -23M |
| Income tax | — | — | — | — | — | — | — | — |
| Net income | -601.7K | -11.1M | -8M | -16.2M | -27.7M | -23.6M | -13.9M | -23M |
| Net margin | -43.4% | -803.7% | -183.7% | -229.7% | -363.6% | -360.2% | -211.5% | -297.3% |
| EBITDA | -421.4K | 4.3M | -7.5M | -22M | -25.4M | -21.5M | -16.3M | -17.2M |
| EPS | -1.08 | -29 | -12 | -14.8 | -20.5 | -14 | -4.4 | -1.46 |
| Diluted EPS | -1.08 | -29 | -12 | -14.8 | -20.5 | -14 | -4.4 | -1.46 |
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 | 2.1M | 916.3K | 1.3M | 1.7M | 1.3M | 1.6M | 1.5M | 2.1M | 2.2M | 1.9M | 2.3M | 2.7M |
| Cost of revenue | 1.2M | 657.4K | 1M | 1.3M | 1M | 1.4M | 1.2M | 1.6M | 1.7M | 1.8M | 2M | 2.1M |
| Gross profit | 894.7K | 258.9K | 280K | 461.7K | 314.4K | 215.7K | 310.1K | 504.6K | 420.9K | 85.7K | 347.8K | 533.1K |
| Gross margin | 41.8% | 28.3% | 21.1% | 26.6% | 23.4% | 13.4% | 20% | 23.9% | 19.5% | 4.48% | 15% | 20% |
| Research & development | 59.8K | 146.3K | 121.4K | 191.1K | 247.7K | 267.6K | 161.9K | 125.8K | 321.3K | 1.4M | 628.6K | 1.4M |
| Selling, general & administrative | 5M | 2.9M | 3M | 3.7M | 2.3M | 3.3M | 3.2M | 3.8M | 4.3M | 5.8M | 5.7M | 11.7M |
| Operating expenses | 6.2M | 3.3M | 3.4M | 4.3M | 2.8M | 3.9M | 3.8M | 4.9M | 5.3M | 7.8M | 7.8M | 16M |
| Operating income | -5.5M | -3.2M | -3.3M | -3.9M | -2.6M | -3.9M | -3.6M | -4.5M | -4.9M | -7.8M | -7.6M | -15.6M |
| Operating margin | -255.4% | -349.7% | -244.5% | -227% | -195.4% | -239.9% | -232.7% | -211.3% | -228.5% | -407.6% | -329.3% | -584.9% |
| Non-operating income, net | -17.5K | -990K | 1.4M | -3.2M | 2.5M | -873.7K | 142.1K | -302.9K | -610K | -2.5M | 1.3M | 2.4M |
| Pretax income | -5.4M | -4.2M | -1.9M | -7.1M | -142.8K | -4.7M | -3.4M | -4.8M | -5.2M | -9.6M | -5.6M | -12M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — |
| Net income | -5.4M | -4.2M | -1.9M | -7.1M | -142.8K | -4.7M | -3.4M | -4.8M | -5.2M | -9.6M | -5.6M | -12M |
| Net margin | -254.8% | -457.1% | -140.2% | -409.2% | -10.6% | -292.7% | -221.3% | -225.1% | -239.8% | -503.3% | -243.4% | -451.6% |
| EBITDA | -5.3M | -3M | -5.1M | -1.2M | -5M | -3M | -3.7M | -4.1M | -4.2M | -5.2M | -11.2M | -17.8M |
| EPS | -3.13 | — | -0.75 | -2.5 | -0.06 | — | -0.63 | -0.61 | -0.25 | — | -0.17 | -0.33 |
| Diluted EPS | -3.13 | — | -0.75 | -2.5 | -0.06 | — | -0.63 | -0.61 | -0.25 | — | -0.17 | -0.33 |
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 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| Market cap | — | — | — | — | — | — | — | — | 207.8M |
| Enterprise value | — | — | — | — | — | — | — | — | 43.9M |
| Shares outstanding | 790.7K | 540.7K | 939.6K | 1.6M | 1.9M | 2.4M | 3.2M | 15.7M | 15.7M |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | — | — | -3.83 |
| P/S | — | — | — | — | — | — | — | — | 22 |
| P/B | — | — | — | — | — | — | — | — | 1.89 |
| EV/EBITDA | — | — | — | — | — | — | — | — | -1.75 |
| EV/Sales | — | — | — | — | — | — | — | — | 6.86 |
| Earnings yield | — | — | — | — | — | — | — | — | -26.1% |
| FCF yield | — | — | — | — | — | — | — | — | -8.8% |
| PEG | — | — | — | — | — | — | — | — | 0.08 |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| Gross margin | 67.4% | 84.1% | 40.3% | 37.5% | 10.4% | 31.5% | 21.3% | 17.1% | 20% |
| Operating margin | -41.9% | -241.8% | -193.5% | -273% | -353.8% | -341.7% | -224.7% | -268.9% | -583.3% |
| Net margin | -43.4% | -803.7% | -183.7% | -229.7% | -363.6% | -360.2% | -211.5% | -297.3% | 17.1% |
| ROE | 14.6% | -506.3% | -208.3% | -46.4% | -250.5% | -5.8K% | -300.3% | -23.8% | -37.8% |
| ROA | -119.2% | -344.4% | -112.9% | -38.5% | -188.9% | -283.4% | -136.1% | -22.7% | -24.5% |
| Return on tangible assets | -125.1% | -344.7% | -361.1% | -55.8% | -193.7% | -287.3% | -137.3% | -22.7% | -21.9% |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| Current ratio | 0.06 | 3.17 | 1.39 | 4.99 | 4.04 | 0.9 | 1.73 | 21.6 | 29.6 |
| Quick ratio | 0.05 | 3.12 | 0.99 | 4.49 | 3.72 | 0.69 | 1.44 | 20.8 | 27.5 |
| Debt / equity | -0.5 | 0.06 | 0.07 | 0.02 | 0.04 | 2.15 | 0.09 | 0 | 0 |
| Debt / assets | 4.06 | 0.04 | 0.04 | 0.01 | 0.03 | 0.11 | 0.04 | 0 | 0 |
| Net debt / EBITDA | -4.63 | -0.53 | 0.23 | 1.02 | 0.29 | 0.1 | 0.36 | 5.24 | 3.42 |
| Interest coverage | -3.14 | -19.4 | -365.2 | — | — | — | — | — | — |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| Revenue per share | 1.75 | 2.55 | 4.64 | 4.47 | 3.99 | 2.7 | 2.08 | 0.49 | 0.31 |
| EPS (basic) | -1.08 | -29 | -12 | -14.8 | -20.5 | -14 | -4.4 | -1.46 | -1.46 |
| EPS (diluted) | -1.08 | -29 | -12 | -14.8 | -20.5 | -14 | -4.4 | -1.46 | -0.52 |
| Book value per share | -5.23 | 4.05 | 4.1 | 22.2 | 5.8 | 0.17 | 1.46 | 6.15 | 2.83 |
| FCF per share | -0.35 | -7.35 | -5.49 | -14.1 | -8.63 | -7.93 | -3.8 | -1.58 | -1.03 |
| Cash per share | 0.13 | 4.49 | 2.11 | 14.6 | 4.15 | 1.27 | 1.98 | 5.74 | 3.69 |
| Capex per share | 0 | 0.1 | 0.03 | 0.13 | 0.04 | 0.18 | 0.02 | — | — |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| Capex / revenue | 0.13% | 4.08% | 0.55% | 3.01% | 0.91% | 6.76% | 0.97% | — | — |
| Capex / operating cash flow | -0.5% | -2.34% | -0.34% | -1.43% | -0.28% | -2.24% | -0.57% | — | — |
| Payout ratio | — | — | — | — | — | — | — | — | 0% |
| — |
| -$14.8 |
| — |
| — |
| $7.1M |
| — |
| FY20 | — | -$12 | — | — | $4.4M | — |
| FY19 | — | -$29 | — | — | $1.4M | — |
| FY18 | — | -$1.08 | — | — | $1.4M | — |
| 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 | $2.1M | $916.3K | $1.3M | $1.7M | $1.3M | $1.6M | $1.5M | $2.1M | $2.2M | $1.9M | $2.3M | $2.7M |
| YoY change | +14% | -30.3% | -17% | -8.74% | -37.1% | +76.1% | +16.4% | +22.1% | +60.3% | +18.5% | +49.4% | +26% |
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 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 101.8K | 2.4M | 2M | 23.1M | 7.9M | 3.1M | 6.3M | 90.2M |
| Receivables | 66.3K | 146.2K | 780.3K | 951.3K | 1.3M | 610.4K | 573.4K | 947.9K |
| Inventory | 61.2K | 48.6K | 1.2M | 3.4M | 1.1M | 1.6M | 1.5M | 3.9M |
| Total current assets | 284.2K | 3M | 4.4M | 33.6M | 13.5M | 6.7M | 9.1M | 99.9M |
| Property, plant & equipment | 55.2K | 245.1K | 298.3K | 765.1K | 749.4K | 1.4M | 901.9K | 1.4M |
| Goodwill & intangibles | 23.8K | 2.8K | 4.9M | 13.1M | 359.6K | 112.9K | 90.3K | 72.2K |
| Total assets | 504.8K | 3.2M | 7.1M | 42.1M | 14.6M | 8.3M | 10.2M | 101.4M |
| Accounts payable | 1.6M | 688.3K | 813.9K | 362.9K | 751.4K | 1.3M | 609.9K | 667.4K |
| Short-term debt | 2.1M | 43K | 156.2K | 117.2K | 215.5K | 447.1K | 154.1K | 143.6K |
| Total current liabilities | 4.6M | 937.4K | 3.1M | 6.7M | 3.3M | 7.4M | 5.2M | 4.6M |
| Long-term debt | 0 | 93.1K | 99.8K | 465.2K | 249.7K | 428K | 273.9K | 130.3K |
| Total liabilities | 4.6M | 1M | 3.3M | 7.2M | 3.6M | 7.9M | 5.6M | 4.8M |
| Shareholders' equity | -4.1M | 2.2M | 3.8M | 34.9M | 11M | 407.7K | 4.6M | 96.6M |
| Total debt | 2.1M | 136.1K | 256K | 582.4K | 465.2K | 875.1K | 428K | 273.9K |
| Net debt | 1.9M | -2.3M | -1.7M | -22.5M | -7.4M | -2.2M | -5.8M | -89.9M |
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 | 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 | 2.5M | — | — | — | — | — | — | — | 69.9M | 90.2M | 147.3M | 131.9M |
| Receivables | 1.1M | — | — | — | — | — | — | — | 1.1M | 947.9K | 822.7K | 668.7K |
| Inventory | 1.8M | — | — | — | — | — | — | — | 2.9M | 3.9M | 7.7M | 10.5M |
| Total current assets | 7.3M | — | — | — | — | — | — | — | 76M | 99.9M | 159.6M | 149.1M |
| Property, plant & equipment | 948.5K | — | — | — | — | — | — | — | 780.8K | 1.4M | 53K | 386.5K |
| Goodwill & intangibles | 305.7K | — | — | — | — | — | — | — | 76.7K | 72.2K | 68.6K | 6M |
| Total assets | 9.1M | — | — | — | — | — | — | — | 77.1M | 101.4M | 161.1M | 154M |
| Accounts payable | 1M | — | — | — | — | — | — | — | 801.6K | 667.4K | 1.1M | 1.6M |
| Short-term debt | 451.5K | — | — | — | — | — | — | — | 151K | 143.6K | 125.9K | 138.1K |
| Total current liabilities | 4.6M | — | — | — | — | — | — | — | 6.4M | 4.6M | 5.2M | 5M |
| Long-term debt | 524K | — | — | — | — | — | — | — | 162.8K | 130.3K | 107K | 88.2K |
| Total liabilities | 5.2M | — | — | — | — | — | — | — | 6.6M | 4.8M | 5.4M | 5.2M |
| Shareholders' equity | 3.9M | — | — | — | — | — | — | — | 70.4M | 96.6M | 155.8M | 148.9M |
| Total debt | 975.4K | — | — | — | — | — | — | — | 313.8K | 273.9K | 232.9K | 226.3K |
| Net debt | -1.5M | — | — | — | — | — | — | — | -69.6M | -89.9M | -147.1M | -131.7M |
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 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|
| Net income | -601.7K | -11.1M | -8M | -16.2M | -27.7M | -23.6M | -13.9M | -23M |
| Depreciation & amortization | 38.1K | 49.6K | 152.6K | 311.1K | 772.8K | 546.6K | 577.1K | 346.5K |
| Stock-based compensation | 0 | 761.6K | 2.6M | 4M | 3.3M | 2M | 1.2M | 1.4M |
| Change in working capital | 59.6K | -114.2K | -1.9M | -2.9M | -831K | 304.8K | -488.7K | -2.9M |
| Operating cash flow | -358.8K | -2.4M | -7.1M | -14.9M | -24.4M | -19.8M | -11.2M | -23.9M |
| Capital expenditure | -1.8K | -56.3K | -23.9K | -212.6K | -69K | -443.4K | -63.3K | — |
| Investing cash flow | -1.8K | -27.7K | 516.4K | -3.3M | 773.3K | -379.6K | -23.3K | 69.6K |
| Dividends paid | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — |
| Financing cash flow | 471.2K | 6M | 1.8M | 40.3M | -162.1K | 14.4M | 14.7M | 53M |
| Net change in cash | 110.6K | 3.6M | -4.8M | 22.2M | -23.8M | -5.8M | 3.5M | 29.2M |
| Free cash flow | -274.1K | -4M | -5.2M | -22.2M | -16.4M | -19.3M | -12M | -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 | -5.4M | -4.2M | -1.9M | -7.1M | -142.8K | -4.7M | -3.4M | -4.8M | -5.2M | -9.6M | -5.6M | -12M |
| Depreciation & amortization | 146.9K | 157.5K | 145.9K | 144.4K | 101.4K | 144.6K | 77.7K | 75.3K | 88.2K | 105.3K | 123.1K | 143.7K |
| Stock-based compensation | 788.8K | 213.4K | 198.9K | 305.1K | 285.7K | 278K | 288.9K | 375.5K | 474.7K | 249.9K | 244.1K | 4.9M |
| Change in working capital | -286.6K | 627.1K | -51.1K | -467.8K | 44K | -31.4K | -602.4K | -1.1M | -445.1K | -770.7K | -4.1M | -3M |
| Operating cash flow | -4.8M | 1.2M | -1.1M | -6.8M | 548.6K | -4.1M | -3.7M | -5.4M | -4.7M | -9.7M | -8.4M | -13.6M |
| Capital expenditure | -274.6K | -80K | 69.3K | -43.8K | 3.9K | -94.2K | -32.4K | — | — | — | — | — |
| Investing cash flow | -261.1K | -80K | 76.1K | -39.7K | 9.3K | -72.6K | -6.5K | 8.2K | 35.5K | 0 | — | — |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | -286.7K | 360.3K | 3.7M | 4.4M | 1.4M | 4.6M | -37.1K | 24M | 31.6M | -137.4K | 63.1M | -49.6K |
| Net change in cash | -5.3M | 1.4M | 2.7M | -2.4M | 1.9M | 388.4K | -3.7M | 18.6M | 26.9M | -9.9M | 54.7M | -13.7M |
| Free cash flow | -4M | 262.5K | -2.7M | -3.8M | -2.3M | -2.3M | -4.1M | -5.4M | -5.1M | -10.2M | -8.6M | -13.9M |