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 | $0.1 | $0.04 | -60.0% | — | $29M | — |
| Q1 26 | $0.04 | $0.06 | +50.0% | — | $18.4M | — |
| Q4 25 | $0.05 | -$0.06 | -220.0% | — | — | — |
| Q3 25 | $0.01 | $0.03 | +200.0% | — | — | — |
| Q2 25 | $0.02 | $0.01 | -50.0% | — | $9.6M | — |
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 | — | -$0.39 | — | — | $55.9M | — |
| FY24 | — | $0.03 | — | — | $28.9M | — |
| FY23 | — | $0.34 | — | — | $49.1M | — |
| FY22 | — | $0.28 | — | — | $30.1M | — |
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 | $30.1M | $49.1M | $28.9M | $55.9M |
| YoY change | — | +63.3% | -41% | +92.9% |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | Q1 24 | Q2 24 | Q1 25 | Q2 25 | Q4 25 | Q1 26 | Q2 26 |
|---|---|---|---|---|---|---|---|
| Revenue | $8.6M | $7.8M | $5.8M | $9.6M | — | $18.4M | $29M |
| YoY change | — | — | -32.4% | +22.5% | — | +214.4% | +202.7% |
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 | 30.1M | 49.1M | 28.9M | 55.9M |
| Cost of revenue | 8.1M | 19.4M | 12M | 41.5M |
| Gross profit | 22M | 29.7M | 17M | 14.3M |
| Gross margin | 73.1% | 60.6% | 58.7% | 25.6% |
| Research & development | — | — | — | — |
| Selling, general & administrative | 5.1M | 10.1M | 12.9M | 19.3M |
| Operating expenses | 5.1M | 10.1M | 12.9M | 19.3M |
| Operating income | 16.9M | 19.6M | 4.1M | -4.9M |
| Operating margin | 56.3% | 40% | 14.1% | -8.84% |
| Non-operating income, net | -2.1K | 350K | -773.1K | -4M |
| Pretax income | 16.2M | 19.6M | 1.9M | -8.6M |
| Income tax | — | — | — | — |
| Net income | 16.2M | 19.6M | 1.9M | -22.6M |
| Net margin | 53.8% | 39.8% | 6.61% | -40.4% |
| EBITDA | 17M | 20.6M | 4M | -8.7M |
| EPS | 0.28 | 0.34 | 0.03 | -0.39 |
| Diluted EPS | 0.28 | 0.34 | 0.03 | -0.39 |
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | Q1 24 | Q2 24 | Q1 25 | Q2 25 | Q4 25 | Q1 26 | Q2 26 |
|---|---|---|---|---|---|---|---|
| Revenue | 8.6M | 7.8M | 5.8M | 9.6M | — | 18.4M | 29M |
| Cost of revenue | 4M | 2.8M | 1.9M | 5.8M | — | 12M | 21.6M |
| Gross profit | 4.6M | 5M | 4M | 3.8M | — | 6.3M | 7.4M |
| Gross margin | 53.5% | 63.6% | 68.1% | 39.6% | — | 34.6% | 25.5% |
| Research & development | — | — | — | — | — | — | — |
| Selling, general & administrative | 2.2M | 4.6M | 6.1M | 4.7M | — | 3.6M | 5.6M |
| Operating expenses | 2.2M | 4.6M | 5.4M | 4.7M | — | 3.6M | 5.6M |
| Operating income | 2.4M | 400.1K | -2.1M | -925.6K | — | 2.8M | 1.8M |
| Operating margin | 27.5% | 5.12% | -36.2% | -9.66% | — | 15.2% | 6.27% |
| Non-operating income, net | -141K | 83.7K | -3.9M | 817.4K | — | — | 377.3K |
| Pretax income | 1.7M | 144.3K | -6M | -108.2K | — | 2.8M | 2.2M |
| Income tax | — | — | — | — | — | — | — |
| Net income | 1.7M | 144.3K | -6M | -13.7M | — | 2.8M | 2.2M |
| Net margin | 20% | 1.85% | -103.4% | -143.3% | — | 15.2% | 7.57% |
| EBITDA | 2.5M | 620K | -2.1M | -925.6K | — | 2.8M | 1.8M |
| EPS | 0.03 | 0 | -0.1 | -0.24 | -0.07 | 0.05 | 0.04 |
| Diluted EPS | 0.03 | 0 | -0.1 | -0.24 | -0.07 | 0.04 | 0.03 |
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 | FY25 |
|---|---|---|---|---|
| Cash & short-term investments | 25.2M | 18.9M | 20M | 18.6M |
| Receivables | — | — | 0 | 1.2M |
| Inventory | 0 | 1.2M | 612.2K | 2.5K |
| Total current assets | 40.4M | 33M | 30.3M | 27.4M |
| Property, plant & equipment | 92.7K | 88.9K | 317.5K | 2.8M |
| Goodwill & intangibles | — | 0 | 1.5M | 1.5M |
| Total assets | 62.9M | 47.3M | 38.1M | 72.1M |
| Accounts payable | 731.9K | 659.4K | 856.6K | 1.9M |
| Short-term debt | 8.6M | 9.3M | 4.9M | 8.7M |
| Total current liabilities | 26.5M | 25.1M | 19.6M | 29.2M |
| Long-term debt | 13.6M | 4.8M | 179.6K | 32.2M |
| Total liabilities | 41.1M | 30.9M | 19.9M | 61.4M |
| Shareholders' equity | 21.8M | 16.4M | 18.2M | 10.7M |
| Total debt | 22.3M | 14M | 5.1M | 40.9M |
| Net debt | -2.9M | -4.9M | -15M | 22.2M |
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 | Q2 24 | Q1 25 | Q2 25 | Q1 26 | Q2 26 |
|---|---|---|---|---|---|
| Cash & short-term investments | 19.2M | 19.2M | 11.3M | 27.6M | 28.7M |
| Receivables | — | — | — | — | — |
| Inventory | 883.1K | — | — | — | — |
| Total current assets | 31.4M | 31.7M | 26.1M | 36.2M | 38.1M |
| Property, plant & equipment | 339.7K | — | — | — | — |
| Goodwill & intangibles | 1.6M | — | — | — | — |
| Total assets | 42.5M | 47.5M | 72.6M | 76.1M | 99.6M |
| Accounts payable | 1.2M | 3.6M | 5.6M | 3.9M | 4.9M |
| Short-term debt | 9.6M | — | — | — | — |
| Total current liabilities | 22.8M | 3.6M | 10.8M | 32M | 46.8M |
| Long-term debt | 275.7K | — | — | — | — |
| Total liabilities | 24.2M | 21.7M | 59.8M | 62M | 83M |
| Shareholders' equity | 18.3M | 25.8M | 12.8M | 14.2M | 16.6M |
| Total debt | 9.9M | — | — | — | — |
| Net debt | -9.4M | — | — | — | — |
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 | FY25 |
|---|---|---|---|---|
| Net income | 16.2M | 19.6M | 1.9M | -8.6M |
| Depreciation & amortization | 21.1K | 12.8K | 60.5K | 76.5K |
| Stock-based compensation | — | — | 0 | 5M |
| Change in working capital | -9.8M | -9.2M | -7M | -6.8M |
| Operating cash flow | 10.2M | 17.3M | 4.4M | 13.2M |
| Capital expenditure | 24.2K | -9.1K | -268.4K | — |
| Investing cash flow | 24.2K | -9.1K | -4M | -2.8M |
| Dividends paid | 0 | -25M | 0 | -8M |
| Share repurchases | — | — | — | — |
| Financing cash flow | 3M | -18.4M | -1.5M | -9.2M |
| Net change in cash | 13.2M | -1.1M | -1.1M | 1.2M |
| Free cash flow | 14.7M | 12M | 6.5M | 10.7M |
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 | — | — | — | 45.6M | 45.6M |
| Enterprise value | — | — | — | 67.9M | 67.9M |
| Shares outstanding | 57.1M | 57.1M | 57.1M | 58.3M | 58.3M |
| Metric | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|
| P/S | — | — | — | 0.82 | 0.82 |
| P/B | — | — | — | 4.26 | 4.26 |
| EV/EBITDA | — | — | — | -7.77 | -7.77 |
| EV/Sales | — | — | — | 1.22 | 1.22 |
| FCF yield | — | — | — | 23.4% | 23.4% |
| Metric | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|
| Gross margin | 73.1% | 60.6% | 58.7% | 25.6% | 25.6% |
| Operating margin | 56.3% | 40% | 14.1% | -8.84% | -8.84% |
| Net margin | 53.8% | 39.8% | 6.61% | -40.4% | -40.4% |
| ROE | 74.3% | 119.2% | 10.5% | -210.7% | -210.7% |
| ROA | 25.7% | 41.4% | 5.02% | -31.3% | -31.3% |
| Return on tangible assets | 25.7% | 41.4% | 5.23% | -31.9% | -31.9% |
| Metric | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|
| Current ratio | 1.52 | 1.31 | 1.54 | 0.94 | 0.94 |
| Quick ratio | 1.52 | 1.26 | 1.51 | 0.94 | 0.94 |
| Debt / equity | 1.02 | 0.86 | 0.28 | 3.82 | 3.82 |
| Debt / assets | 0.35 | 0.3 | 0.13 | 0.57 | 0.57 |
| Net debt / EBITDA | -0.17 | -0.24 | -3.7 | -2.55 | -2.55 |
| Interest coverage | 22.5 | 15.2 | 2 | — | — |
| Metric | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|
| Revenue per share | 0.53 | 0.86 | 0.51 | 0.96 | 0.96 |
| EPS (basic) | 0.28 | 0.34 | 0.03 | -0.39 | -0.39 |
| EPS (diluted) | 0.28 | 0.34 | 0.03 | -0.39 | -0.39 |
| Book value per share | 0.38 | 0.29 | 0.32 | 0.18 | 0.18 |
| FCF per share | 0.26 | 0.21 | 0.11 | 0.18 | 0.18 |
| Cash per share | 0.44 | 0.33 | 0.35 | 0.32 | 0.32 |
| Capex per share | 0 | 0 | 0 | — | — |
| Metric | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|
| Capex / revenue | 0.08% | 0.02% | 0.93% | — | — |
| Capex / operating cash flow | 0.24% | 0.05% | 6.06% | — | — |
| Payout ratio | 0% | 127.8% | 0% | -35.5% | -35.5% |
| Dividend yield | — | — | — | 17.5% | 17.5% |