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 | — | -$1.44 | — | — | $1.9K | — |
| FY24 | — | -$2.34 | — | — | $0 | — |
| FY23 | — | -$0.15 | — | — | $794.2K | — |
| FY22 | — | -$0.13 | — | — | $428.2K | — |
| FY21 | — | -$0.24 | — | — | $480.2K | — |
| FY20 | — | -$0.21 | — | — | $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 | $480.2K | $428.2K | $794.2K | $0 | $1.9K |
| YoY change | — | +InfinityT% | -10.8% | +85.5% | -100% | +InfinityT% |
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 |
|---|
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 | 480.2K | 428.2K | 794.2K | 0 | 1.9K |
| Cost of revenue | 0 | 559.4K | 0 | 68.6K | 0 | 0 |
| Gross profit | 0 | -79.2K | 428.2K | 725.6K | 0 | 1.9K |
| Gross margin | — | -16.5% | 100% | 91.4% | — | 100% |
| Research & development | 0 | 561.2K | 114.5K | 309.9K | — | — |
| Selling, general & administrative | 476.7K | 6.2M | 5.7M | 10.9M | 888.4K | — |
| Operating expenses | 617.6K | 7.8M | 6.4M | 11.3M | 888.4K | — |
| Operating income | -637.5K | -8M | -5.4M | -10.5M | -888.4K | -2.4M |
| Operating margin | — | -1.7K% | -1.3K% | -1.3K% | — | -126.2K% |
| Non-operating income, net | -8.9M | -2.7M | 226.4K | 2.3M | -3.9M | -2.2M |
| Pretax income | -9.6M | -12.8M | -5.2M | -8.2M | -4.8M | -4.6M |
| Income tax | — | — | 0 | 0 | 0 | 0 |
| Net income | -9.6M | -12.8M | -6.4M | -9.4M | -6.2M | -4.6M |
| Net margin | — | -2.7K% | -1.5K% | -1.2K% | — | -239.8K% |
| EBITDA | -594.7K | -9.6M | -5M | -12.2M | -882.1K | -1.4M |
| EPS | -0.21 | -0.24 | -0.13 | -0.15 | -2.34 | -1.44 |
| Diluted EPS | -0.21 | -0.24 | -0.13 | -0.15 | -2.34 | -1.44 |
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 | 714.9K | -553.8K | 185 | 13 | 0 | -198 | 0 | 29 | 1.8K | 65 | 96 | 126 |
| Cost of revenue | 445.2K | -764.3K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Gross profit | 269.7K | 210.5K | 185 | 13 | 0 | -198 | 0 | 29 | 1.8K | 65 | 96 | 126 |
| Gross margin | 37.7% | -38% | 100% | 100% | — | 100% | — | 100% | 100% | 100% | 100% | 100% |
| Research & development | -186K | 32.3K | 0 | 0 | 0 | — | 0 | 0 | — | — | — | — |
| Selling, general & administrative | 3.4M | 1.4M | 1.1M | 640.6K | 371.3K | -1.2M | 563.5K | 677K | 543.1K | — | 307K | 526.6K |
| Operating expenses | 3.2M | 1.4M | 1.1M | 640.6K | 371.3K | -1.2M | 563.5K | 677K | 543.1K | — | 307K | 526.6K |
| Operating income | -2.9M | -1.2M | -1.1M | -640.6K | -371.3K | 1.2M | -563.5K | -676.9K | -541.2K | -657.2K | -496.4K | -715.9K |
| Operating margin | -405.9% | 214.4% | -593.5K% | -4.9M% | — | -616.9K% | — | -2.3M% | -29.4K% | -1M% | -517K% | -568.2K% |
| Non-operating income, net | 150.1K | 2.1M | -25.4K | 3.9K | -190.8K | -3.7M | 43 | 1.5K | -1.1K | -2.2M | — | -141.9K |
| Pretax income | -2.8M | 971.8K | -1M | -561.9K | -491.7K | -2.7M | -566.7K | -678K | -543K | -2.8M | -497K | -908.4K |
| Income tax | 0 | 0 | — | — | — | — | 0 | — | — | — | 0 | — |
| Net income | -3.1M | -243.8K | -1M | -561.9K | -491.7K | -4.1M | -566.7K | -678K | -543K | -2.8M | -497K | -908.4K |
| Net margin | -434.3% | 44% | -566K% | -4.3M% | — | 2.1M% | — | -2.3M% | -29.5K% | -4.4M% | -517.7K% | -721K% |
| EBITDA | -2.9M | -3.4M | -952.7K | -413.7K | 164.4K | 1M | -256.5K | -361.1K | -218K | -581.5K | -250.5K | -329.6K |
| EPS | -0.06 | — | -0.4 | -0.2 | -0.2 | — | -0.2 | -0.22 | -0.17 | — | -0.14 | -0.25 |
| Diluted EPS | -0.06 | — | -0.4 | -0.2 | -0.2 | — | -0.2 | -0.22 | -0.17 | — | -0.14 | -0.25 |
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 | — | — | — | — | — | — | 8.7M |
| Enterprise value | — | — | — | — | — | — | 7.5M |
| Shares outstanding | 52.8M | 52.8M | 52.8M | 60.9M | 2.6M | 3.2M | 3.2M |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | -1.47 |
| P/S | — | — | — | — | — | — | 4.1K |
| P/B | — | — | — | — | — | — | 2.01 |
| EV/EBITDA | — | — | — | — | — | — | -3.12 |
| EV/Sales | — | — | — | — | — | — | 3.5K |
| Earnings yield | — | — | — | — | — | — | -68.2% |
| FCF yield | — | — | — | — | — | — | -0.77% |
| PEG | — | — | — | — | — | — | -0.11 |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Gross margin | — | -16.5% | 100% | 91.4% | — | 100% | 100% |
| Operating margin | — | -1.7K% | -1.3K% | -1.3K% | — | -126.2K% | -568.2K% |
| Net margin | — | -2.7K% | -1.5K% | -1.2K% | — | -239.8K% | 100% |
| ROE | 104.3% | -498% | 476.4% | -72% | -107.6% | -134.6% | -100.2% |
| ROA | -189.6% | -154.1% | -105.1% | -45.8% | -96.4% | -105.9% | -26.8% |
| ROIC | — | — | -176.3% | -82.8% | -14.6% | -68.5% | -68.5% |
| Return on tangible assets | -189.6% | -154.1% | -105.1% | -45.8% | 177.6% | 275.4% | 1.3K% |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Current ratio | 0.22 | 0.76 | 0.8 | 2.36 | 0 | 0.05 | 1.03 |
| Quick ratio | 0.22 | 0.76 | 0.8 | 2.36 | 0 | 0.05 | 1.03 |
| Debt / equity | -1.53 | 1.67 | -3.38 | 0.39 | 0.06 | 0.04 | 0.04 |
| Debt / assets | 2.79 | 0.52 | 0.75 | 0.25 | 0.06 | 0.03 | 0.03 |
| Net debt / EBITDA | -23.7 | -0.41 | -0.88 | 0.03 | -0.42 | -0.08 | 0.73 |
| Interest coverage | -226.4 | -47 | -581.7 | — | -4K | -659.2 | -659.2 |
| Effective tax rate | — | — | 0% | 0% | 0% | 0% | 0% |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Revenue per share | 0 | 0.01 | 0.01 | 0.01 | 0 | 0 | 0 |
| EPS (basic) | -0.21 | -0.24 | -0.13 | -0.15 | -2.34 | -1.44 | -1.44 |
| EPS (diluted) | -0.21 | -0.24 | -0.13 | -0.15 | -2.34 | -1.44 | -1.41 |
| Book value per share | -0.17 | 0.05 | -0.03 | 0.21 | 2.17 | 1.07 | 1.03 |
| FCF per share | -0.01 | -0.16 | -0.07 | -0.25 | -0.17 | -0.23 | -0.21 |
| Cash per share | 0 | 0.01 | 0 | 0.09 | 0 | 0 | 0.28 |
| Capex per share | 0 | 0.01 | 0 | 0.01 | 0.03 | — | — |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Capex / revenue | — | 121.8% | 1.64% | 90% | — | — | — |
| Capex / operating cash flow | -0.06% | -5.18% | -0.16% | -10.9% | -1.93% | — | — |
| Payout ratio | — | — | — | — | — | — | 0% |
| Q4 24 |
|---|
| Q1 25 |
|---|
| Q2 25 |
|---|
| Q3 25 |
|---|
| Q4 25 |
|---|
| Q1 26 |
|---|
| Q2 26 |
|---|
| Revenue | $714.9K | -$553.8K | $185 | $13 | $0 | -$198 | $0 | $29 | $1.8K | $65 | $96 | $126 |
| YoY change | -4.51% | -3.6K% | -17% | -100% | -100% | +100% | -100% | +123.1% | +InfinityT% | +132.8% | +InfinityT% | +334.5% |
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 | 25.9K | 330.4K | 118.3K | 5.4M | 2.4K | 7K |
| Receivables | 9.2K | 330.3K | 36 | 324.4K | — | 46 |
| Inventory | — | — | — | — | — | — |
| Total current assets | 1.6M | 1.5M | 3.1M | 17.6M | 3K | 42.3K |
| Property, plant & equipment | 33.1K | 3.3M | 2.5M | 2.5M | 1.5M | 1.3M |
| Goodwill & intangibles | — | — | — | — | 9.9M | 6.1M |
| Total assets | 5.1M | 8.3M | 6.1M | 20.5M | 6.4M | 4.4M |
| Accounts payable | 0 | 404.3K | 371.2K | — | — | — |
| Short-term debt | 7.4M | 480.8K | 982.4K | 5.1M | 370K | 122.3K |
| Total current liabilities | 7.5M | 1.9M | 3.9M | 7.5M | 668.3K | 933.4K |
| Long-term debt | 6.7M | 3.8M | 3.6M | — | — | — |
| Total liabilities | 14.3M | 5.7M | 7.4M | 7.5M | 668.3K | 933.4K |
| Shareholders' equity | -9.2M | 2.6M | -1.3M | 13.1M | 5.7M | 3.4M |
| Total debt | 14.1M | 4.3M | 4.5M | 5.1M | 370K | 122.3K |
| Net debt | 14.1M | 3.9M | 4.4M | -347.9K | 367.7K | 115.3K |
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 | 11.7M | 5.4M | 10K | 946 | 7K | 2.4K | 253 | 10.9K | 36.9K | 7K | 360 | 1.2M |
| Receivables | 372.1K | 324.4K | 310.6K | 300.9K | 316.8K | — | — | 29 | 21 | 46 | 25 | 18 |
| Inventory | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 17.2M | 17.6M | 16.9M | 16.4M | 17.2M | 3K | 977 | 25.8K | 120.1K | 42.3K | 34K | 1.2M |
| Property, plant & equipment | 2.8M | 2.5M | 2.2M | 367.8K | 331.3K | 1.5M | 1.4M | 1.5M | 1.4M | 1.3M | 1.2M | 1.1M |
| Goodwill & intangibles | — | — | — | — | — | 9.9M | 9.4M | 9.6M | 8.8M | 6.1M | 5.7M | 5.3M |
| Total assets | 20.4M | 20.5M | 19.5M | 18.8M | 19.4M | 6.4M | 6.1M | 6.3M | 5.9M | 4.4M | 4.1M | 4.9M |
| Accounts payable | 570.6K | — | — | — | — | — | — | — | — | — | — | — |
| Short-term debt | 4.3M | 5.1M | 5.3M | 5.1M | 5.6M | 370K | 281K | 109.2K | 115.5K | 122.3K | 168.9K | 153.4K |
| Total current liabilities | 6.6M | 7.5M | 8M | 8.2M | 8.8M | 668.3K | 720.6K | 515.7K | 631.2K | 933.4K | 1.2M | 1.2M |
| Long-term debt | 775.4K | — | — | — | — | — | — | — | — | — | — | — |
| Total liabilities | 7.4M | 7.5M | 8M | 8.2M | 8.8M | 668.3K | 720.6K | 515.7K | 631.2K | 933.4K | 1.2M | 1.2M |
| Shareholders' equity | 13.1M | 13.1M | 11.5M | 10.6M | 10.6M | 5.7M | 5.4M | 5.8M | 5.2M | 3.4M | 3M | 3.8M |
| Total debt | 5M | 5.1M | 5.3M | 5.1M | 5.6M | 370K | 281K | 109.2K | 115.5K | 122.3K | 168.9K | 153.4K |
| Net debt | -6.7M | -347.9K | 5.3M | 5.1M | 5.6M | 367.7K | 280.8K | 98.3K | 78.5K | 115.3K | 168.5K | -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 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|
| Net income | -9.6M | -12.8M | -5.2M | -8.2M | -4.8M | -4.6M |
| Depreciation & amortization | 19.9K | 117.1K | 424.2K | 624.9K | 6.4K | 1M |
| Stock-based compensation | — | — | — | — | — | — |
| Change in working capital | 69.5K | -923.2K | 196.8K | 1M | 416.8K | 412.1K |
| Operating cash flow | -9.5M | -11.3M | -4.3M | -6.6M | -4.4M | -751.2K |
| Capital expenditure | -6.1K | -585K | -7K | -714.4K | 84.1K | — |
| Investing cash flow | -678.3K | -1M | 1.3M | -4M | 154.1K | — |
| Dividends paid | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — |
| Financing cash flow | 1.1M | 4.9M | 251.8K | 9.8M | 361.9K | 579.3K |
| Net change in cash | -9.1M | -7.4M | -2.7M | -679.3K | -3.8M | -171.9K |
| Free cash flow | -568K | -8.4M | -3.5M | -15.4M | -456.4K | -751.2K |
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 | -2.8M | 971.8K | -1M | -1.4M | -1.6M | -2.7M | -566.7K | -678K | -543K | -2.8M | -497K | -908.4K |
| Depreciation & amortization | 153.7K | 164.1K | 121.7K | 230.9K | 345.2K | -344.1K | 307K | 317.7K | 322.4K | 75.4K | 245.8K | 244.4K |
| Stock-based compensation | — | — | — | — | — | — | — | — | — | — | — | — |
| Change in working capital | -511.6K | 712.4K | 131.9K | 162K | 232.7K | 168K | -89 | -13.4K | 5.6K | -371 | 5.6K | 8.6K |
| Operating cash flow | -3.1M | 1.8M | -793.5K | -1M | -1M | -2.9M | -259.7K | -433.3K | -166.2K | -55.4K | -51.7K | -507.2K |
| Capital expenditure | -159.5K | 7.8K | 86K | -346 | 0 | -1.9K | 0 | — | — | — | — | — |
| Investing cash flow | -1.6M | -2.7M | -5.3M | -5.2M | -5.3M | 5.3M | 0 | — | — | — | — | — |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | 6M | -5.6M | 417.8K | 411.7K | 583.9K | -222.5K | 114.7K | 443.4K | 15.7K | 5.5K | 48K | -851.9K |
| Net change in cash | 1.3M | -6.5M | -5.7M | -5.8M | -5.7M | 2.2M | -145.1K | 10.1K | -150.5K | -49.9K | -3.7K | -1.4M |
| Free cash flow | -5.1M | -3.3M | -402.1K | -229.4K | -403.7K | 204.2K | -96.3K | -433.3K | -166.2K | -55.4K | -51.7K | -507.2K |