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 | — | — | — | — | $92.8K | — |
| FY24 | — | -$7.2 | — | — | $0 | — |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | FY24 | FY25 |
|---|---|---|
| Revenue | $0 | $92.8K |
| YoY change | — | +InfinityT% |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 |
|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | $49.3K | $43.5K |
| YoY change | — | — | — | — | +InfinityT% |
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | FY24 | FY25 |
|---|---|---|
| Revenue | 0 | 92.8K |
| Cost of revenue | 0 | 192.9K |
| Gross profit | 0 | -100.2K |
| Gross margin | — | -108% |
| Research & development | — | — |
| Selling, general & administrative | 17.4M | 22.4M |
| Operating expenses | 17.4M | 15.7M |
| Operating income | -17.4M | -15.8M |
| Operating margin | — | -17.1K% |
| Non-operating income, net | -1.5K | -723.1K |
| Pretax income | -17.8M | -16.4M |
| Income tax | 0 | 0 |
| Net income | -17.8M | -16.4M |
| Net margin | — | -17.7K% |
| EBITDA | -17.4M | -15.6M |
| EPS | -7.2 | — |
| Diluted EPS | -7.2 | — |
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 |
|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 49.3K | 43.5K |
| Cost of revenue | — | 0 | 0 | 76K | 116.9K |
| Gross profit | — | 0 | 0 | -26.7K | -73.5K |
| Gross margin | — | — | — | -54.1% | -169.1% |
| Research & development | — | — | — | — | — |
| Selling, general & administrative | 3.3M | 652.1K | 552.9K | 20.9M | 344.7K |
| Operating expenses | 3.3M | 652.1K | 552.9K | 20.9M | 344.7K |
| Operating income | -3.3M | -652.1K | -552.9K | -20.9M | 6.3M |
| Operating margin | — | — | — | -42.4K% | 14.4K% |
| Non-operating income, net | — | -23.5K | -10.9K | -987.5K | 298.8K |
| Pretax income | -3.7M | -689.2K | -577K | -21.5M | 6.4M |
| Income tax | 0 | — | 0 | 0 | 0 |
| Net income | -3.7M | -689.2K | -577K | -21.5M | 6.4M |
| Net margin | — | — | — | -43.6K% | 14.6K% |
| EBITDA | -3.3M | -633.4K | -498.6K | -20.8M | 6.3M |
| EPS | — | -0.6 | -0.6 | -8.74 | — |
| Diluted EPS | — | -0.6 | -0.6 | -8.74 | — |
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 | FY24 | FY25 |
|---|---|---|
| Cash & short-term investments | 348.7K | 7.4K |
| Receivables | — | 5.6K |
| Inventory | 73.9K | 38.9K |
| Total current assets | 577.8K | 191.8K |
| Property, plant & equipment | 1.6M | 4.2M |
| Goodwill & intangibles | 524 | 5.2K |
| Total assets | 2.2M | 4.4M |
| Accounts payable | — | 17.1K |
| Short-term debt | 959K | 1.9M |
| Total current liabilities | 20.4M | 10.3M |
| Long-term debt | — | — |
| Total liabilities | 20.4M | 15.3M |
| Shareholders' equity | -18.3M | -10.9M |
| Total debt | 959K | 1.9M |
| Net debt | 610.3K | 1.8M |
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 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 |
|---|---|---|---|---|---|
| Cash & short-term investments | 348.7K | 596.7K | 227.8K | 51.3K | 7.4K |
| Receivables | — | — | — | 17.5K | 5.6K |
| Inventory | 73.9K | 136.3K | 137.7K | 66K | 38.9K |
| Total current assets | 577.8K | 869.8K | 507.7K | 402.4K | 191.8K |
| Property, plant & equipment | 1.6M | 1.4M | 1.5M | 1.5M | 4.2M |
| Goodwill & intangibles | 524 | 998 | 2.9K | 5.5K | 5.2K |
| Total assets | 2.2M | 2.3M | 2M | 1.9M | 4.4M |
| Accounts payable | — | 5.9K | 6K | — | 17.1K |
| Short-term debt | 959K | 994.5K | 1.1M | 1.6M | 1.9M |
| Total current liabilities | 20.4M | 20M | 20.3M | 16.1M | 10.3M |
| Long-term debt | — | — | — | — | — |
| Total liabilities | 20.4M | 20M | 20.3M | 20.9M | 15.3M |
| Shareholders' equity | -18.3M | -17.7M | -18.3M | -19M | -10.9M |
| Total debt | 959K | 994.5K | 1.1M | 1.6M | 1.9M |
| Net debt | 610.3K | 397.9K | 830.7K | 1.6M | 1.8M |
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 | FY24 | FY25 | Current |
|---|---|---|---|
| Market cap | 426.6M | — | 3.2K |
| Enterprise value | 427.2M | — | 0 |
| Shares outstanding | 2.4M | — | — |
| Metric | FY24 | FY25 | Current |
|---|---|---|---|
| P/S | — | — | 0.03 |
| P/B | -23.4 | — | — |
| EV/EBITDA | -24.5 | — | 0 |
| EV/Sales | — | — | 0 |
| FCF yield | -1.05% | — | 318.5K% |
| Metric | FY24 | FY25 | Current |
|---|---|---|---|
| Gross margin | — | -108% | -169.1% |
| Operating margin | — | -17.1K% | -17.1K% |
| Net margin | — | -17.7K% | -108% |
| ROE | 97.6% | 150.9% | 150.9% |
| ROA | -820.4% | -374.9% | -374.9% |
| ROIC | 98.8% | 175.4% | 175.4% |
| Return on tangible assets | -820.6% | -375.4% | -375.4% |
| Metric | FY24 | FY25 | Current |
|---|---|---|---|
| Current ratio | 0.03 | 0.02 | 0.02 |
| Quick ratio | 0.02 | 0.01 | 0.01 |
| Debt / equity | -0.05 | -0.17 | 0 |
| Debt / assets | 0.44 | 0.42 | 0.42 |
| Net debt / EBITDA | -0.04 | -0.12 | -0.12 |
| Interest coverage | -46.4 | — | — |
| Effective tax rate | 0% | 0% | 0% |
| Metric | FY24 | FY25 | Current |
|---|---|---|---|
| Revenue per share | 0 | — | — |
| EPS (basic) | -7.2 | — | — |
| EPS (diluted) | -7.2 | — | — |
| Book value per share | -7.68 | — | — |
| FCF per share | -1.88 | — | 3.18 |
| Cash per share | 0.15 | — | — |
| Capex per share | 0.6 | — | — |
| Metric | FY24 | FY25 | Current |
|---|---|---|---|
| Capex / revenue | — | 464.1% | 464.1% |
| Capex / operating cash flow | -35.1% | 14.3% | -2.66% |
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 | FY24 | FY25 |
|---|---|---|
| Net income | -17.8M | -16.4M |
| Depreciation & amortization | 27.2K | 226.5K |
| Stock-based compensation | — | 19.2M |
| Change in working capital | 13.7M | 3.3K |
| Operating cash flow | -4.1M | 3M |
| Capital expenditure | -1.4M | -430.6K |
| Investing cash flow | -1.4M | -430.6K |
| Dividends paid | — | — |
| Share repurchases | — | — |
| Financing cash flow | 4.7M | 2.3M |
| Net change in cash | -830K | 4.9M |
| Free cash flow | -4.5M | -2.6M |
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 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 |
|---|---|---|---|---|---|
| Net income | -3.7M | -689.2K | -577K | -21.5M | 6.4M |
| Depreciation & amortization | -300.8K | 42.1K | 65.2K | 55.9K | 63.2K |
| Stock-based compensation | — | — | — | — | 0 |
| Change in working capital | 15.8M | -62.4K | -927 | 46.8K | 32.1K |
| Operating cash flow | 11.8M | -709.4K | -512.7K | -21.4M | 6.5M |
| Capital expenditure | -166K | -9K | -20.2K | -248 | -401.1K |
| Investing cash flow | -166K | -9K | -20.2K | -248 | -401.1K |
| Dividends paid | — | — | — | — | — |
| Share repurchases | — | — | — | — | — |
| Financing cash flow | -2.4M | 1.1M | -579 | 479.8K | 742K |
| Net change in cash | 9.2M | 370.4K | -533.5K | -20.9M | 6.8M |
| Free cash flow | 1.2M | -810K | -370.8K | -665.1K | -706.9K |