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 | — | -$1.47 | — | — | — | — |
| FY24 | — | -$0.47 | — | — | $3.2M | — |
| FY23 | — | $0.01 | — | — | $21.6M | — |
| FY22 | — | $0.02 | — | — | $12.9M | — |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|
| Revenue | $12.9M | $21.6M | $3.2M | — |
| YoY change | — | +67.7% | -85.1% | — |
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 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q1 26 | Q2 26 | Q3 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $6.5M | $0 | $0 | $832.8K | $513.8K | $1.9M | $23.1M | $17.5M | $11.4M | $20.2M | $16.7M | $8.7M |
| YoY change | — | — | — | — | -92.1% | +InfinityT% | +InfinityT% | +2K% | +2.1K% | -12.5% | -4.37% | -23.9% |
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|
| Revenue | 12.9M | 21.6M | 3.2M | — |
| Cost of revenue | 12.4M | 20.5M | 3.1M | — |
| Gross profit | 454.6K | 1.1M | 115.9K | — |
| Gross margin | 3.53% | 5.13% | 3.59% | — |
| Research & development | 0 | 272.1K | 91.2K | — |
| Selling, general & administrative | 423K | 750.5K | 3.2M | — |
| Operating expenses | 423K | 1M | 3.2M | — |
| Operating income | 31.6K | 86.2K | -3.1M | — |
| Operating margin | 0.25% | 0.4% | -96.9% | — |
| Non-operating income, net | 114.6K | -4.5K | -4K | — |
| Pretax income | 146.2K | 72.4K | -3.4M | — |
| Income tax | 1.6K | 14.2K | 19.8K | — |
| Net income | 144.6K | 58.2K | -3.4M | — |
| Net margin | 1.12% | 0.27% | -106.3% | — |
| EBITDA | 31.9K | 102.5K | -3.1M | — |
| EPS | 0.02 | 0.01 | -0.47 | -1.47 |
| Diluted EPS | 0.02 | 0.01 | -0.47 | -1.47 |
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 | Q1 26 | Q2 26 | Q3 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 6.5M | 0 | 0 | 832.8K | 513.8K | 1.9M | 23.1M | 17.5M | 11.4M | 20.2M | 16.7M | 8.7M |
| Cost of revenue | 6.1M | 0 | 0 | 733.2K | 553.5K | 1.8M | 22.7M | 15.3M | 10.7M | 17.5M | 14.5M | 10.1M |
| Gross profit | 367.3K | 0 | 0 | 99.6K | -39.7K | 56K | 398.2K | 2.2M | 663.3K | 2.7M | 2.2M | -1.5M |
| Gross margin | 5.65% | — | — | 12% | -7.72% | 2.98% | 1.72% | 12.5% | 5.82% | 13.6% | 13.3% | -16.7% |
| Research & development | 112K | 30K | 0 | 0 | 45.6K | 45.6K | 29.8K | 717.3K | 849.3K | 306.4K | 193.2K | 1.1M |
| Selling, general & administrative | 205.8K | 188K | 511.6K | 682.8K | 707.3K | 1.3M | 2.2M | 3.7M | 3.4M | 3.3M | 4.2M | 3.9M |
| Operating expenses | 317.8K | 218K | 511.6K | 682.8K | 752.9K | 1.3M | 2.2M | 4.4M | 4.2M | 3.6M | 4.4M | 5M |
| Operating income | 49.5K | -218K | -511.6K | -583.2K | -792.6K | -1.2M | -1.8M | -2.2M | -3.6M | -892.2K | -2.2M | -8.1M |
| Operating margin | 0.76% | — | — | -70% | -154.3% | -65.9% | -7.82% | -12.8% | -31.3% | -4.41% | -13.3% | -93.6% |
| Non-operating income, net | — | — | 4.1K | -4.6K | 3.4K | -7K | -49.9K | 4.7M | 1M | 38.7K | -60.1K | -25.9M |
| Pretax income | 48.1K | -230.4K | -546.8K | -640.6K | -866.7K | -1.4M | -2.3M | 1.4M | -4.1M | -2.9M | -4.3M | -36.3M |
| Income tax | 8K | -11.9K | 0 | 0 | 19.8K | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net income | 40.1K | -218.5K | -546.8K | -640.6K | -886.6K | -1.4M | -2.3M | 1.4M | -4.1M | -2.9M | -4.3M | -36.3M |
| Net margin | 0.62% | — | — | -76.9% | -172.5% | -72.1% | -9.81% | 8.15% | -35.9% | -14.2% | -25.6% | -418.5% |
| EBITDA | 57.2K | -212.8K | -497.7K | -567.5K | -768.7K | -1.2M | -1.7M | -2.2M | -3.5M | -407.4K | -1.8M | -7.4M |
| EPS | — | — | -0.08 | -0.09 | — | — | -0.65 | 0.2 | -0.58 | -0.42 | -0.62 | -5.19 |
| Diluted EPS | — | — | -0.08 | -0.09 | — | — | -0.65 | 0.2 | -0.58 | -0.42 | -0.62 | -5.19 |
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 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|
| Market cap | — | — | — | — | 18.1M |
| Enterprise value | — | — | — | — | 52.3M |
| Shares outstanding | 7.3M | 7.3M | 7.3M | 6.1M | 6.1M |
| Metric | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|
| P/E | — | — | — | — | -1.75 |
| P/S | — | — | — | — | 0.3 |
| P/B | — | — | — | — | -0.38 |
| EV/EBITDA | — | — | — | — | -3.94 |
| EV/Sales | — | — | — | — | 0.88 |
| Earnings yield | — | — | — | — | -57.2% |
| FCF yield | — | — | — | — | 52% |
| PEG | — | — | — | — | 0 |
| Metric | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|
| Gross margin | 3.53% | 5.13% | 3.59% | — | -16.7% |
| Operating margin | 0.25% | 0.4% | -96.9% | — | -93.6% |
| Net margin | 1.12% | 0.27% | -106.3% | — | -79.8% |
| ROE | -23% | -10.2% | 85.7% | — | 99.4% |
| ROA | 23.9% | 2.9% | -63.8% | — | -27.3% |
| ROIC | -27.2% | 59.3% | -140.8% | — | 113% |
| Return on tangible assets | 23.9% | 2.9% | -63.8% | — | -168.9% |
| Metric | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|
| Current ratio | 0.49 | 0.74 | 0.48 | — | 0.38 |
| Quick ratio | 0.49 | 0.74 | 0.29 | — | 0.2 |
| Debt / equity | -0.85 | -4.4 | -1.7 | — | -0.01 |
| Debt / assets | 0.89 | 1.25 | 1.27 | — | 1.35 |
| Net debt / EBITDA | 16.1 | 6.72 | -2.03 | — | -2.65 |
| Interest coverage | — | 8.81 | -11.3 | — | -5.03 |
| Effective tax rate | 1.1% | 19.7% | 0% | — | 0% |
| Metric | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|
| Revenue per share | 1.77 | 2.97 | 0.44 | — | 8.68 |
| EPS (basic) | 0.02 | 0.01 | -0.47 | -1.47 | -1.47 |
| EPS (diluted) | 0.02 | 0.01 | -0.47 | -1.47 | -6.95 |
| Book value per share | -0.09 | -0.08 | -0.55 | — | -6.83 |
| FCF per share | -0.04 | -0.01 | -0.64 | — | 0.17 |
| Cash per share | 0 | 0.25 | 0.08 | — | 0.45 |
| Capex per share | 0 | 0.01 | 0 | — | — |
| Metric | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|
| Capex / revenue | 0% | 0.31% | 0.27% | — | — |
| Capex / operating cash flow | 0% | -10.9% | -0.18% | — | — |
| Payout ratio | — | — | — | — | 0% |
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 | FY22 | FY23 | FY24 |
|---|---|---|---|
| Cash & short-term investments | 21.7K | 1.8M | 587.4K |
| Receivables | — | 0 | 251.9K |
| Inventory | — | 0 | 1.8M |
| Total current assets | 605.6K | 1.8M | 4.3M |
| Property, plant & equipment | 279 | 173.7K | 548.4K |
| Goodwill & intangibles | — | — | — |
| Total assets | 605.9K | 2M | 5.4M |
| Accounts payable | 84.9K | 0 | 1.4M |
| Short-term debt | 536.8K | 2.4M | 6.4M |
| Total current liabilities | 1.2M | 2.5M | 8.9M |
| Long-term debt | — | 115K | 427.9K |
| Total liabilities | 1.2M | 2.6M | 9.4M |
| Shareholders' equity | -630K | -571.8K | -4M |
| Total debt | 536.8K | 2.5M | 6.8M |
| Net debt | 515K | 688.5K | 6.2M |
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 23 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q1 26 | Q2 26 | Q3 26 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 1.8M | 456K | 254.8K | 587.4K | 9.2M | 3.9M | 3.8M | 1.5M | 1.8M | 3.2M |
| Receivables | 0 | 175K | 174.9K | 251.9K | 12.4M | 7.6M | 7.1M | 12.8M | 6.3M | 4.1M |
| Inventory | 0 | 130.4K | 662.2K | 1.8M | 4.5M | 15.8M | 16.7M | 11.5M | 10.2M | 7M |
| Total current assets | 1.8M | 2.5M | 2.8M | 4.3M | 47.6M | 30M | 30.4M | 27.1M | 19.8M | 15M |
| Property, plant & equipment | 173.7K | 282K | 262.6K | 548.4K | 1.4M | 1.4M | 1.3M | 21.5M | 21M | 11.9M |
| Goodwill & intangibles | — | — | — | — | — | — | — | — | — | — |
| Total assets | 2M | 3M | 3.3M | 5.4M | 49.5M | 31.9M | 32.9M | 49.8M | 42M | 28.1M |
| Accounts payable | 0 | — | — | 1.4M | 19.3M | 24.1M | 29.4M | 31.7M | 29.7M | 32.3M |
| Short-term debt | 2.4M | 4.3M | 5.4M | 6.4M | 200.6K | 222.3K | 480.2K | 1.2M | 1.2M | 1.9M |
| Total current liabilities | 2.5M | 4.5M | 5.8M | 8.9M | 47.9M | 28.7M | 33.4M | 37.5M | 34M | 39.9M |
| Long-term debt | 115K | 188.9K | 173.4K | 427.9K | 1.1M | 1.1M | 1M | 20.3M | 19.9M | 36.1M |
| Total liabilities | 2.6M | 4.7M | 6M | 9.4M | 49.1M | 29.7M | 34.4M | 57.7M | 53.9M | 75.9M |
| Shareholders' equity | -571.8K | -1.8M | -2.6M | -4M | 457.2K | 2.2M | -1.6M | -7.9M | -11.8M | -47.8M |
| Total debt | 2.5M | 4.5M | 5.5M | 6.8M | 1.3M | 1.3M | 1.5M | 21.5M | 21.1M | 37.9M |
| Net debt | 688.5K | 4.1M | 5.3M | 6.2M | -7.8M | -2.6M | -2.3M | 20M | 19.4M | 34.7M |
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 | FY22 | FY23 | FY24 |
|---|---|---|---|
| Net income | 144.6K | 58.2K | -3.4M |
| Depreciation & amortization | 305 | 20.8K | 72.3K |
| Stock-based compensation | — | — | — |
| Change in working capital | 289.4K | -694.1K | -1.7M |
| Operating cash flow | 434.3K | -611.6K | -4.8M |
| Capital expenditure | 0 | -66.9K | -8.7K |
| Investing cash flow | 0 | -66.9K | -8.7K |
| Dividends paid | — | — | — |
| Share repurchases | — | — | — |
| Financing cash flow | 279K | 1.7M | 3.4M |
| Net change in cash | 713.3K | 1M | -1.4M |
| Free cash flow | -287K | -36.7K | -4.7M |
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 | Q3 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q1 26 | Q2 26 | Q3 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income | 40.1K | -218.5K | -546.8K | -640.6K | -886.6K | -1.4M | -2.3M | 1.4M | -4.1M | -2.9M | -4.3M | -36.3M |
| Depreciation & amortization | 7.7K | 9.8K | 9.8K | 20.3K | 20.5K | 21.7K | 65.7K | 65.1K | 65.7K | 446.1K | 450.2K | 750.4K |
| Stock-based compensation | — | — | — | — | — | — | — | 201K | 326.6K | 296.8K | 406.3K | 279.2K |
| Change in working capital | -807.4K | 0 | -889.9K | 575K | -451.6K | -922.9K | 2.4M | -1M | 3.8M | 221.3K | 4.2M | 3.2M |
| Operating cash flow | -759.6K | -208.7K | -1.4M | -45.3K | -1.3M | -2.3M | 354.1K | 665.5K | 77K | -376.8K | 284.2K | 1.4M |
| Capital expenditure | -851 | 0 | -4.1K | -1.9K | -1K | -1.7K | -35K | -33.3K | 28.1K | — | — | — |
| Investing cash flow | -851 | 0 | -4.1K | -1.9K | -1K | -1.7K | -35K | -33.3K | 28.1K | — | — | — |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | -95K | 2M | -297.1K | 2M | 939.6K | 763.7K | 28M | -20.5M | -5K | -7K | -5.4K | -5.6K |
| Net change in cash | -855.5K | 1.8M | -1.7M | 1.9M | -379.2K | -1.5M | 28.3M | -19.9M | 100.1K | -383.7K | 278.8K | 1.4M |
| Free cash flow | -30.9K | -170.1K | -1.4M | -1.7M | -1.1M | -431K | -278.5K | -4.3M | -178.4K | -376.8K | 284.2K | 1.4M |