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 | -$0.42 | -$0.33 | +21.4% | — | $9.4M | — |
| Q1 26 | -$0.61 | -$0.59 | +3.3% | — | $9.6M | — |
| Q4 25 | -$0.39 | -$0.34 | +12.8% | — | $9.2M | — |
| Q3 25 | -$0.4 | -$0.4 | 0.0% | — | $8.7M | — |
| Q2 25 | -$0.32 | -$0.44 | -37.5% | — | $7.4M | — |
| Q1 25 | -$0.45 | -$0.47 | -4.4% | — | $6.7M | — |
| Q4 24 | -$0.3 | -$0.4 | -33.3% | — | $7M | — |
| Q3 24 | -$0.33 | -$0.31 | +6.1% | — | $6.6M | — |
| Q2 24 | -$0.43 | -$0.38 | +11.6% | — | $6.1M | — |
| Q1 24 | -$0.59 | -$0.53 | +10.2% | — | $5.4M | — |
| Q4 23 | -$0.63 | -$0.61 | +3.2% | — | $5.2M | — |
| Q3 23 | -$0.7 | -$0.68 | +2.9% | — | $4.5M | — |
| Q2 23 | -$0.96 | -$1.03 | -7.3% | — | $3.6M | — |
| Q1 23 | -$1 | -$1.24 | -24.0% | — | $2.8M | — |
| Q4 22 | -$1.12 | -$1.22 | -8.9% | — | $2.6M | — |
| Q3 22 | -$1.08 | -$1.2 | -11.1% | — | $2M | — |
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 | — | -$1.65 | — | — | $32M | — |
| FY24 | — | -$1.59 | — | — | $25.2M | — |
| FY23 | — | -$3.42 | — | — | $16M | — |
| FY22 | — | -$4.69 | — | — | $8.6M |
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 | $254.1K | $811.5K | $993K | $2.4M | $3.5M | $5.5M | $8.6M | $16M | $25.2M | $32M |
| YoY change | — | +219.3% | +22.4% | +140.7% | +46.3% | +55.9% | +57.6% | +86.6% | +57.1% | +27.2% |
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 | 254.1K | 811.5K | 993K | 2.4M | 3.5M | 5.5M | 8.6M | 16M | 25.2M | 32M |
| Cost of revenue | 123.7K | 518.5K | 578.7K | 1.2M | 1.7M | 1.4M | 1.6M | 2.8M | 3.8M | 4.2M |
| Gross profit | 130.4K | 292.9K | 414.2K | 1.2M | 1.8M | 4.1M | 7M | 13.2M | 21.4M | 27.8M |
| Gross margin | 51.3% | 36.1% | 41.7% | 51.6% | 50.3% | 74.6% | 81.2% | 82.5% | 85% | 86.8% |
| Research & development | 8M | 7.8M | 12.5M | 9.9M | 4.2M | 2.5M | 5.5M | 5.3M | 2.4M | 2.7M |
| Selling, general & administrative | 7.2M | 18.1M | 42.5M | 35.4M | 21.8M | 21.6M | 24.3M | 27.2M | 31.2M | 38.2M |
| Operating expenses | 15.1M | 25.9M | 55M | 45.3M | 26M | 24.1M | 29.9M | 32.5M | 33.6M | 40.9M |
| Operating income | -15M | -25.6M | -54.6M | -44.1M | -24.3M | -20M | -22.9M | -19.3M | -12.2M | -13.2M |
| Operating margin | -5.9K% | -3.2K% | -5.5K% | -1.8K% | -694.7% | -367.7% | -266.2% | -120.2% | -48.3% | -41.1% |
| Non-operating income, net | — | -3.4M | -2.2M | -2M | -482.4K | 2M | -6K | -184K | -389K | -518K |
| Pretax income | -15.8M | -36M | -55.8M | -45.1M | -24.7M | -18.1M | -22.6M | -19M | -12M | -14M |
| Income tax | — | 0 | 2.4K | 17.7K | -1.2M | -851K | -431K | -186K | -93K | 3K |
| Net income | -15.8M | -36M | -55.8M | -45.1M | -23.5M | -17.2M | -22.2M | -18.8M | -11.9M | -14M |
| Net margin | -6.2K% | -4.4K% | -5.6K% | -1.9K% | -672.5% | -315.9% | -257.9% | -117.5% | -47.2% | -43.6% |
| EBITDA | -15M | -25.5M | -52.6M | -41.8M | -23.4M | -21.6M | -22.3M | -18.2M | -10.9M | -11.7M |
| EPS | -1.5 | 0 | -17.9 | -23.1 | -9 | -4.35 | -4.69 | -3.42 | -1.59 | -1.65 |
| Diluted EPS | -1.5 | 0 | -17.9 | -23.1 | -9 | -4.35 | -4.69 | -3.42 | -1.59 | -1.65 |
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 | 4.5M | 5.2M | 5.4M | 6.1M | 6.6M | 7M | 6.7M | 7.4M | 8.7M | 9.2M | 9.6M | 9.4M |
| Cost of revenue | 661K | 1.1M | 888K | 838K | 1.1M | 994K | 1M | 939K | 1.2M | 1.1M | 1.2M | 1.3M |
| Gross profit | 3.8M | 4.1M | 4.6M | 5.3M | 5.5M | 6.1M | 5.7M | 6.4M | 7.5M | 8.2M | 8.4M | 8.2M |
| Gross margin | 85.3% | 78.8% | 83.7% | 86.3% | 83.8% | 85.9% | 84.9% | 87.3% | 86% | 88.4% | 87.3% | 86.5% |
| Research & development | 1.2M | 1.1M | 399K | 635K | 521K | 805K | 642K | 511K | 662K | 920K | 740K | 818K |
| Selling, general & administrative | 6.7M | 6.9M | 8M | 7.3M | 7.6M | 8.3M | 8.9M | 9.4M | 9.7M | 10.2M | 12.9M | 10.1M |
| Operating expenses | 8M | 8M | 8.4M | 7.9M | 8.1M | 9.1M | 9.5M | 9.9M | 10.4M | 11.1M | 13.7M | 10.9M |
| Operating income | -4.1M | -4M | -3.8M | -2.6M | -2.7M | -3.1M | -3.8M | -3.5M | -2.9M | -2.9M | -5.3M | -2.8M |
| Operating margin | -91.5% | -76.2% | -70.7% | -42.2% | -40.4% | -43.6% | -56.9% | -47.5% | -33.2% | -31.8% | -55.5% | -29.3% |
| Non-operating income, net | — | — | -4K | -119K | -5K | -261K | -164K | -233K | -375K | 196K | -10K | -6K |
| Pretax income | -4M | -4M | -3.6M | -2.7M | -2.5M | -3.2M | -3.9M | -3.7M | -3.4M | -3M | -5.6M | -3.1M |
| Income tax | 0 | 25K | -122K | 0 | 0 | 29K | -48K | 0 | 0 | 51K | -321K | 0 |
| Net income | -4M | -4M | -3.5M | -2.7M | -2.5M | -3.2M | -3.9M | -3.7M | -3.4M | -3M | -5.3M | -3.1M |
| Net margin | -89.4% | -77.7% | -64.4% | -43.2% | -38.1% | -45.8% | -57.4% | -49.7% | -39.2% | -32.8% | -55% | -32.4% |
| EBITDA | -3.8M | -3.7M | -3.6M | -2.4M | -2.4M | -2.5M | -3.6M | -3.3M | -3M | -1.5M | -5.2M | -2.7M |
| EPS | -0.68 | — | -0.53 | -0.38 | -0.31 | — | -0.47 | -0.44 | -0.4 | — | -0.59 | -0.33 |
| Diluted EPS | -0.68 | — | -0.53 | -0.38 | -0.31 | — | -0.47 | -0.44 | -0.4 | — | -0.59 | -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 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market cap | — | — | — | 46.7M | — | — | — | — | — | — | 99.4M |
| Enterprise value | — | — | — | 24.7M | — | — | — | — | — | — | 99.8M |
| Shares outstanding | 10M | 26.3M | 2M | 2M | 2.6M | 3.9M | 4.7M | 5.5M | 7.5M | 8.5M | 8.5M |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | — | — | — | — | -6.7 |
| P/S | — | — | — | 19.5 | — | — | — | — | — | — | 2.66 |
| P/B | — | — | — | 1.88 | — | — | — | — | — | — | -37.2 |
| EV/EBITDA | — | — | — | -0.59 | — | — | — | — | — | — | -7.3 |
| EV/Sales | — | — | — | 10.3 | — | — | — | — | — | — | 2.7 |
| Earnings yield | — | — | — | — | — | — | — | — | — | — | -14.9% |
| FCF yield | — | — | — | -96.6% | — | — | — | — | — | — | -4.71% |
| PEG | — | — | — | — | — | — | — | — | — | — | 0.27 |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross margin | 51.3% | 36.1% | 41.7% | 51.6% | 50.3% | 74.6% | 81.2% | 82.5% | 85% | 86.8% | 86.5% |
| Operating margin | -5.9K% | -3.2K% | -5.5K% | -1.8K% | -694.7% | -367.7% | -266.2% | -120.2% | -48.3% | -41.1% | -29.3% |
| Net margin | -6.2K% | -4.4K% | -5.6K% | -1.9K% | -672.5% | -315.9% | -257.9% | -117.5% | -47.2% | -43.6% | -40% |
| ROE | 25.8% | 40.3% | -84.3% | -181.3% | -99.4% | -47% | -129.7% | -253.1% | -157.6% | 817.2% | 817.2% |
| ROA | -2.5K% | -91.8% | -75.9% | -127.3% | -74.6% | -40.2% | -89.5% | -117% | -58.1% | -74.8% | -55% |
| ROIC | — | 20.2% | 2.3K% | -1.5K% | -631.5% | -736.9% | -31.3K% | 851.5% | 4.2K% | 335.8% | 425.3% |
| Return on tangible assets | -2.5K% | -91.8% | -75.9% | -127.3% | -74.6% | -40.2% | -89.5% | -117% | -58.1% | -74.8% | -86.6% |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current ratio | 0.12 | 6.38 | 10.3 | 2.9 | 4.26 | 6.84 | 3.01 | 1.76 | 1.78 | 1.38 | 1.21 |
| Quick ratio | 0.11 | 6.33 | 10 | 2.8 | 4.11 | 6.6 | 2.72 | 1.49 | 1.6 | 1.24 | 1 |
| Debt / equity | -0.06 | — | 0 | 0.08 | 0.12 | 0.02 | 0.04 | 0.08 | 0.55 | -5.5 | -0.03 |
| Debt / assets | 5.89 | — | 0 | 0.06 | 0.09 | 0.02 | 0.03 | 0.04 | 0.2 | 0.5 | 0.56 |
| Net debt / EBITDA | -0.22 | — | 1.3 | 0.53 | 0.85 | 1.57 | 0.76 | 0.53 | 0.72 | 0.19 | 0.04 |
| Interest coverage | -19.5 | -4.06 | — | — | — | — | — | — | — | -22.7 | -11.8 |
| Effective tax rate | — | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue per share | 0.03 | 0.03 | 0.51 | 1.22 | 1.34 | 1.38 | 1.82 | 2.91 | 3.37 | 3.78 | 4.14 |
| EPS (basic) | -1.5 | 0 | -17.9 | -23.1 | -9 | -4.35 | -4.69 | -3.42 | -1.59 | -1.65 | -1.65 |
| EPS (diluted) | -1.5 | 0 | -17.9 | -23.1 | -9 | -4.35 | -4.69 | -3.42 | -1.59 | -1.65 | -1.65 |
| Book value per share | -6.08 | -3.4 | 33.9 | 12.7 | 9.09 | 9.29 | 3.61 | 1.35 | 1.01 | -0.2 | -0.31 |
| FCF per share | -1.32 | -0.97 | -24.3 | -23 | -7.71 | -3.45 | -3.52 | -2.7 | -0.93 | -0.97 | -1.04 |
| Cash per share | 0.04 | 1.41 | 35.1 | 12.3 | 8.7 | 8.79 | 3.75 | 1.87 | 1.6 | 1.37 | 1.11 |
| Capex per share | 0 | 0.01 | 0.14 | 0.04 | 0 | — | 0 | 0.04 | 0 | — | — |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Capex / revenue | 0% | 18.8% | 28.1% | 2.91% | 0% | — | 0% | 1.29% | 0% | — | — |
| Capex / operating cash flow | 0% | -0.62% | -0.58% | -0.16% | 0% | — | 0% | -1.26% | 0% | — | — |
| Payout ratio | — | — | — | — | — | — | 0% | 0% | — | — | 0% |
| — |
| FY21 | — | -$4.35 | — | — | $5.5M | — |
| FY20 | — | -$9 | — | — | $3.5M | — |
| FY19 | — | -$23.1 | — | — | $2.4M | — |
| FY18 | — | -$17.9 | — | — | $993K | — |
| FY17 | — | $0 | — | — | $811.5K | — |
| FY16 | — | -$1.5 | — | — | $254.1K | — |
| 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 | $4.5M | $5.2M | $5.4M | $6.1M | $6.6M | $7M | $6.7M | $7.4M | $8.7M | $9.2M | $9.6M | $9.4M |
| YoY change | +128.1% | +102.8% | +95.8% | +72.9% | +45.4% | +35.7% | +23.4% | +20.2% | +32.6% | +31.2% | +42.6% | +28% |
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 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 416.3K | 37.2M | 68.6M | 24.1M | 22.6M | 34.7M | 17.7M | 10.3M | 12M | 11.6M |
| Receivables | 24.7K | 103.2K | 267.6K | 496.1K | 270.5K | 438K | 401K | 717K | 1.4M | 1M |
| Inventory | 48.5K | 327.8K | 1.9M | 911.2K | 876.4K | 1.4M | 2M | 2.2M | 1.7M | 1.6M |
| Total current assets | 505.9K | 39M | 72.7M | 26.5M | 25.1M | 37.5M | 21.2M | 14.3M | 16.3M | 15.7M |
| Property, plant & equipment | 48.4K | 168.6K | 380.9K | 2.1M | 761.3K | 760K | 615K | 706K | 3.9M | 2.9M |
| Goodwill & intangibles | — | — | — | — | — | — | — | — | — | — |
| Total assets | 622K | 39.2M | 73.5M | 35.5M | 31.5M | 42.8M | 24.8M | 16.1M | 20.5M | 18.7M |
| Accounts payable | 2.2M | 840.4K | 2.7M | 5.2M | 2.1M | 938K | 2.1M | 2.2M | 1.8M | 2.7M |
| Short-term debt | — | — | — | 598.3K | 845.9K | 61K | 74K | 89K | 361K | 375K |
| Total current liabilities | 4.1M | 6.1M | 7.1M | 9.1M | 5.9M | 5.5M | 7M | 8.1M | 9.2M | 11.3M |
| Long-term debt | 3.7M | — | 0 | 1.4M | 2M | 700K | 625K | 537K | 3.8M | 9M |
| Total liabilities | 61.7M | 128.7M | 7.3M | 10.6M | 7.9M | 6.2M | 7.7M | 8.7M | 12.9M | 20.4M |
| Shareholders' equity | -61.1M | -89.5M | 66.2M | 24.9M | 23.6M | 36.6M | 17.1M | 7.4M | 7.5M | -1.7M |
| Total debt | 3.7M | — | 0 | 2M | 2.8M | 761K | 699K | 626K | 4.1M | 9.4M |
| Net debt | 3.2M | — | -7.6M | -11.5M | -1.4M | -33.9M | -17M | -9.7M | 686K | 2.4M |
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 | 13.5M | 10.3M | 7.8M | 14.2M | 12.9M | 12M | 7.8M | 7.1M | 13M | 11.6M | 8.8M | 10M |
| Receivables | 589K | 717K | 475K | 538K | 552K | 1.4M | 1.5M | 813K | 1.5M | 1M | 872K | 909K |
| Inventory | 2.5M | 2.2M | 2.5M | 2.6M | 2M | 1.7M | 1.7M | 1.4M | 1.2M | 1.6M | 2M | 2.4M |
| Total current assets | 17.8M | 14.3M | 11.7M | 18M | 16.8M | 16.3M | 12M | 10.6M | 17.3M | 15.7M | 12.5M | 14.1M |
| Property, plant & equipment | 696K | 706K | 1.7M | 4M | 3.9M | 3.9M | 3.9M | 3.9M | 3.8M | 2.9M | 2.9M | 2.9M |
| Goodwill & intangibles | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | 20.1M | 16.1M | 13.9M | 22.4M | 21M | 20.5M | 16M | 14.6M | 21.4M | 18.7M | 15.5M | 17.1M |
| Accounts payable | 3M | 2.2M | 2.3M | 1.5M | 1.2M | 1.8M | 1.8M | 2.6M | 3.1M | 2.7M | 2.2M | 2.2M |
| Short-term debt | 85K | 89K | 93K | 342K | 363K | 361K | 364K | 405K | 465K | 375K | 628K | 1.4M |
| Total current liabilities | 8.5M | 8.1M | 7.8M | 7.3M | 7.9M | 9.2M | 7.9M | 9.6M | 12.1M | 11.3M | 12.3M | 11.7M |
| Long-term debt | 560K | 537K | 1.6M | 3.6M | 3.7M | 3.8M | 3.8M | 3.8M | 10.3M | 9M | 8.9M | 8.2M |
| Total liabilities | 9.1M | 8.7M | 9.4M | 10.9M | 11.6M | 12.9M | 11.7M | 13.4M | 22.5M | 20.4M | 21.2M | 19.9M |
| Shareholders' equity | 11M | 7.4M | 4.5M | 11.5M | 9.5M | 7.5M | 4.4M | 1.1M | -1.1M | -1.7M | -5.7M | -2.8M |
| Total debt | 645K | 626K | 1.7M | 4M | 4M | 4.1M | 4.2M | 4.2M | 10.8M | 9.4M | 9.5M | 9.6M |
| Net debt | -12.8M | -9.7M | -6.2M | -6.3M | -888K | 686K | 407K | 860K | 3M | 2.4M | 4.6M | 1.1M |
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 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net income | -15.8M | -36M | -55.8M | -45.1M | -23.5M | -17.2M | -22.2M | -18.8M | -11.9M | -14M |
| Depreciation & amortization | 53.4K | 32.3K | 66.7K | 249.6K | 399.2K | 382K | 596K | 1M | 1.3M | 1.7M |
| Stock-based compensation | 142.6K | 462.3K | 7.6M | 3.9M | 3.3M | 3.3M | 2.7M | 1.7M | 1.9M | 1.9M |
| Change in working capital | 79.6K | -406.7K | 11.3K | -2.4M | -1.6M | 487K | 1.5M | -204K | 826K | 984K |
| Operating cash flow | -15M | -24.5M | -48.2M | -44.4M | -20.9M | -13.1M | -17.4M | -16.3M | -7.9M | -8.2M |
| Capital expenditure | 0 | -152.5K | -278.9K | -69.7K | 0 | — | 0 | -206K | 0 | — |
| Investing cash flow | 0 | -24.1M | -36.8M | 51M | -8M | 18.2M | 0 | -206K | -8.5M | — |
| Dividends paid | — | — | — | — | — | — | 0 | 0 | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | 9.3M | 62.5M | 78.3M | 223.8K | 17.8M | 25.7M | 0 | 8.1M | 8.1M | 7.5M |
| Net change in cash | -5.7M | 13.9M | -6.7M | 6.8M | -11.1M | 30.8M | -17.4M | -8.4M | -8.4M | -659K |
| Free cash flow | -13.2M | -25.5M | -47.4M | -45.1M | -20.1M | -13.6M | -16.6M | -14.9M | -6.9M | -8.3M |
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 | -4M | -4M | -3.5M | -2.7M | -2.5M | -3.2M | -3.9M | -3.7M | -3.4M | -3M | -5.3M | -3.1M |
| Depreciation & amortization | 307K | 290K | 223K | 227K | 228K | 580K | 194K | 159K | 153K | 1.2M | 47K | 33K |
| Stock-based compensation | 543K | 400K | 484K | 472K | 400K | 514K | 540K | 505K | 415K | 470K | 1M | 755K |
| Change in working capital | 352K | -740K | 493K | -98K | 367K | 43K | -249K | 1M | -488K | 427K | -883K | -480K |
| Operating cash flow | -2.8M | -4.1M | -2.3M | -2.1M | -1.5M | -2.1M | -3.2M | -623K | -1.7M | -1.5M | -3M | -3.5M |
| Capital expenditure | -74K | -41K | — | 0 | 0 | 0 | -37K | — | — | — | — | — |
| Investing cash flow | -74K | -41K | — | 0 | -4.1M | -501K | 4.5M | 210K | -1.3M | — | 599K | 2.4M |
| Dividends paid | — | 0 | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | 8.1M | 0 | — | 8.3M | -52K | 0 | 179K | -42K | 11K | -40K | 0 | 3.9M |
| Net change in cash | 5.3M | -4.1M | -2.3M | 6.2M | -5.6M | -2.6M | 1.5M | -455K | -3M | -1.6M | -2.4M | 2.8M |
| Free cash flow | -2.4M | -3.2M | -2.6M | -1.8M | -1.4M | -1.3M | -4.4M | -648K | -1.7M | -1.5M | -3M | -3.5M |