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 | -$0.19 | -$0.29 | -52.6% | — | $953K | — |
| Q1 26 | -$0.33 | -$0.3 | +9.1% | — | $1.4M | — |
| Q4 25 | -$0.35 | $0.01 | +102.9% | — | $822K | — |
| Q3 25 | -$0.24 | -$0.44 | -83.3% | — | $534K | — |
| Q2 25 | -$0.17 | $0.59 | +447.1% | — | $476K | — |
| Q1 25 | -$0.19 | -$0.69 | -263.2% | — | $224K | — |
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 | — | -$5.39 | — | — | $2.1M | — |
| FY24 | — | -$1.8 | — | — | $1.2M | — |
| FY23 | — | -$0.72 | — | — | $1.1M | — |
| FY22 | — | -$0.77 | — | — | $942K | — |
| FY21 | — | $0.16 | — | — |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | $1.9M | $942K | $1.1M | $1.2M | $2.1M |
| YoY change | — | -49.2% | +18.6% | +9.22% | +68.5% |
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 |
|---|
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | 1.9M | 942K | 1.1M | 1.2M | 2.1M |
| Cost of revenue | — | — | — | 4.5M | 18.8M |
| Gross profit | — | — | — | -3.3M | -16.8M |
| Gross margin | — | — | — | -271.2% | -815.9% |
| Research & development | 0 | 15.4M | 4M | 11.3M | 25M |
| Selling, general & administrative | 5M | 10.2M | 20.8M | 61.2M | 76.3M |
| Operating expenses | 5M | 25.6M | 24.8M | 72.5M | 101.4M |
| Operating income | -3.2M | -24.7M | -23.7M | -75.8M | -118.1M |
| Operating margin | -170.2% | -2.6K% | -2.1K% | -6.2K% | -5.7K% |
| Non-operating income, net | 11.2M | -7.2M | -6.1M | -21.6M | -361M |
| Pretax income | 6.7M | -32.8M | -31M | -99.9M | -488.8M |
| Income tax | 0 | 0 | 0 | -3.3M | -13.5M |
| Net income | 6.7M | -32.8M | -31M | -96.6M | -475.4M |
| Net margin | 359.4% | -3.5K% | -2.8K% | -7.9K% | -23.1K% |
| EBITDA | -4.3M | -24.9M | -24.3M | -92.9M | -92.1M |
| EPS | 0.16 | -0.77 | -0.72 | -1.8 | -5.39 |
| Diluted EPS | 0.16 | -0.77 | -0.72 | -1.8 | -5.39 |
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 | 274K | 224K | 224K | 223K | 317K | 456K | 224K | 476K | 534K | 822K | 1.4M | 953K |
| Cost of revenue | 0 | — | — | — | 777K | 3.8M | 184K | 2.9M | 4.1M | 11.6M | 5.3M | 5.1M |
| Gross profit | 274K | — | — | — | -460K | -3.3M | 40K | -2.4M | -3.6M | -10.8M | -3.8M | -4.1M |
| Gross margin | 100% | — | — | — | -145.1% | -722.8% | 17.9% | -501.1% | -676.6% | -1.3K% | -264% | -432.3% |
| Research & development | 1.2M | 1.2M | 1.7M | 1.8M | 2.5M | 5.3M | 6.3M | 6.1M | 6.2M | 6.6M | 7.8M | 9.8M |
| Selling, general & administrative | 4.8M | 9M | 9.1M | 9.7M | 10.7M | 31.7M | 21.8M | 20.8M | 19.4M | 14.4M | 15.6M | 17.6M |
| Operating expenses | 6M | 10.2M | 10.8M | 11.5M | 13.2M | 37M | 28M | 26.8M | 25.6M | 20.9M | 23.5M | 27.4M |
| Operating income | -5.7M | -10M | -10.5M | -11.3M | -13.7M | -40.3M | -28M | -29.2M | -29.2M | -31.7M | -27.3M | -31.5M |
| Operating margin | -2.1K% | -4.5K% | -4.7K% | -5.1K% | -4.3K% | -8.8K% | -12.5K% | -6.1K% | -5.5K% | -3.9K% | -1.9K% | -3.3K% |
| Non-operating income, net | -12.8M | -2.7M | 3.4M | 15K | 6.9M | -31.9M | -225.6M | -111.6M | -5.7M | -18.1M | -2.5M | -4.4M |
| Pretax income | -18.9M | -13M | -7.5M | -11.3M | -7.6M | -73.4M | -255.1M | -143.5M | -38.3M | -51.9M | -30.8M | -36.4M |
| Income tax | 0 | 0 | 0 | 0 | 0 | -3.3M | -1.4M | -2.2M | -3.6M | -6.3M | -3M | -1.5M |
| Net income | -18.9M | -13M | -7.5M | -11.3M | -7.6M | -70.1M | -253.7M | -141.3M | -34.7M | -45.7M | -27.8M | -34.9M |
| Net margin | -6.9K% | -5.8K% | -3.4K% | -5.1K% | -2.4K% | -15.4K% | -113.2K% | -29.7K% | -6.5K% | -5.6K% | -1.9K% | -3.7K% |
| EBITDA | -6.4M | -10.3M | -11.6M | -10.5M | -13.6M | -56.7M | -12.7M | -18.4M | -29.3M | -31.7M | -23.3M | -24.6M |
| EPS | -0.44 | — | -0.12 | — | -0.05 | -1.42 | -3.1 | -1.6 | -0.51 | — | -0.27 | -0.32 |
| Diluted EPS | -0.44 | — | -0.12 | — | -0.05 | -1.42 | -3.1 | -1.6 | -0.51 | — | -0.27 | -0.32 |
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 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|
| Market cap | — | — | — | — | — | 58.4M |
| Enterprise value | — | — | — | — | — | 316.1M |
| Shares outstanding | 42.7M | 42.7M | 42.7M | 44.6M | 54.4M | 54.4M |
| Metric | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | -0.13 |
| P/S | — | — | — | — | — | 16.4 |
| P/B | — | — | — | — | — | 0.29 |
| EV/EBITDA | — | — | — | — | — | -3.26 |
| EV/Sales | — | — | — | — | — | 84.3 |
| Earnings yield | — | — | — | — | — | -788.4% |
| FCF yield | — | — | — | — | — | -95.5% |
| PEG | — | — | — | — | — | 0 |
| Metric | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|
| Gross margin | — | — | — | -271.2% | -815.9% | -432.3% |
| Operating margin | -170.2% | -2.6K% | -2.1K% | -6.2K% | -5.7K% | -3.3K% |
| Net margin | 359.4% | -3.5K% | -2.8K% | -7.9K% | -23.1K% | -815.9% |
| ROE | -145.3% | 292.9% | 167.6% | -12.6% | -98.3% | -31.5% |
| ROA | 14.1% | -117.2% | -143.7% | -10.7% | -79.3% | -13.2% |
| ROIC | 2K% | 192.1% | 173.5% | -9.68% | -25.9% | -25.6% |
| Return on tangible assets | 14.1% | -117.2% | -143.7% | 12.1% | 128.9% | 38.5% |
| Metric | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|
| Current ratio | 0.59 | 1.81 | 0.69 | 0.35 | 1.09 | 1.2 |
| Quick ratio | 0.59 | 1.81 | 0.69 | 0.28 | 1.07 | 1.15 |
| Debt / equity | -1.91 | -0.53 | -0.4 | 0.04 | 0.07 | 0.05 |
| Debt / assets | 0.19 | 0.21 | 0.34 | 0.03 | 0.06 | 0.05 |
| Net debt / EBITDA | -1.03 | 0.07 | -0.2 | -0.18 | 0.29 | 0.14 |
| Interest coverage | 5.87 | -35.8 | -24.3 | -40.1 | -49.5 | -21.5 |
| Effective tax rate | 0% | 0% | 0% | 0% | 0% | 0% |
| Metric | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|
| Revenue per share | 0.04 | 0.02 | 0.03 | 0.03 | 0.04 | 0.05 |
| EPS (basic) | 0.16 | -0.77 | -0.72 | -1.8 | -5.39 | -5.39 |
| EPS (diluted) | 0.16 | -0.77 | -0.72 | -1.8 | -5.39 | -1.38 |
| Book value per share | -0.11 | -0.26 | -0.43 | 17.2 | 8.89 | 2.51 |
| FCF per share | -0.09 | -0.23 | -0.47 | -1.1 | -1.51 | -1.68 |
| Cash per share | 0.1 | 0.18 | 0.06 | 0.25 | 1.11 | 0.49 |
| Capex per share | — | 0 | 0.02 | 0.02 | — | — |
| Metric | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|
| Capex / revenue | — | 0% | 57.7% | 82.1% | — | — |
| Capex / operating cash flow | — | 0% | -2.41% | -1.63% | — | — |
| Payout ratio | 18.1% | -5.15% | -0.78% | -0.69% | -0.02% | 0% |
| $1.9M |
| — |
| Q4 25 |
|---|
| Q1 26 |
|---|
| Q2 26 |
|---|
| Revenue | $274K | $224K | $224K | $223K | $317K | $456K | $224K | $476K | $534K | $822K | $1.4M | $953K |
| YoY change | — | -36% | +1.82% | -44.1% | +15.7% | +103.6% | 0% | +113.5% | +68.5% | +80.3% | +544.2% | +100.2% |
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 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Cash & short-term investments | 4.3M | 7.5M | 2.6M | 11.1M | 60.4M |
| Receivables | — | — | — | 283K | 1.1M |
| Inventory | — | — | — | 5.2M | 1.6M |
| Total current assets | 4.6M | 7.8M | 5.7M | 24.3M | 83.2M |
| Property, plant & equipment | — | 0 | 637K | 1.4M | 1.9M |
| Goodwill & intangibles | — | — | — | 1.7B | 968M |
| Total assets | 47.2M | 28M | 21.6M | 905.3M | 599.2M |
| Accounts payable | 228K | 84K | 93K | 3.2M | 2.6M |
| Short-term debt | 6M | 2.5M | 1.9M | 14.6M | 25.1M |
| Total current liabilities | 7.8M | 4.3M | 8.2M | 69.3M | 76.3M |
| Long-term debt | 2.7M | 3.4M | 5.5M | 13.7M | 8.3M |
| Total liabilities | 51.8M | 39.2M | 40M | 139.5M | 115.5M |
| Shareholders' equity | -4.6M | -11.2M | -18.5M | 765.8M | 483.7M |
| Total debt | 8.8M | 5.9M | 7.4M | 28.3M | 33.4M |
| Net debt | 4.4M | -1.6M | 4.8M | 17.2M | -27.1M |
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 22 | Q3 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 7.5M | 4.1M | 2.6M | 2.2M | 2.1M | 16.3M | 1.4M | 7M | 9.1M | 60.4M | 55.4M | 41.5M |
| Receivables | — | — | — | — | — | — | 237K | 901K | 1.6M | 1.1M | 840K | 2.1M |
| Inventory | — | — | — | — | 662K | 2.8M | 5.2M | 6.6M | 6.4M | 1.6M | 1.6M | 3M |
| Total current assets | 7.8M | 5.5M | 5.7M | 7.9M | 12.2M | 21.2M | 10.3M | 21.1M | 32.3M | 83.2M | 81.8M | 71.4M |
| Property, plant & equipment | 0 | — | 637K | 1.3M | 1.3M | 1.2M | 2.2M | 2M | 2.2M | 1.9M | 2.3M | 2.3M |
| Goodwill & intangibles | — | — | — | — | — | — | 1.2B | 989.6M | 978.8M | 968M | 957.2M | 946.4M |
| Total assets | 28M | 24.9M | 21.6M | 29.9M | 32.4M | 55.7M | 660.4M | 556M | 556.5M | 599.2M | 591.5M | 574.7M |
| Accounts payable | 84K | 52K | 93K | 1.3M | 3.3M | 4.9M | 5.1M | 3.7M | 856K | 2.6M | 3M | 1.9M |
| Short-term debt | 2.5M | 1.2M | 1.9M | 1.9M | 1.8M | 14.6M | 2.1M | 28.5M | 36.5M | 25.1M | 19.8M | 20.1M |
| Total current liabilities | 4.3M | 5.9M | 8.2M | 11.3M | 14.6M | 41.6M | 47.3M | 72.3M | 82.5M | 76.3M | 59.8M | 59.8M |
| Long-term debt | 3.4M | 6.2M | 5.5M | 358K | 403K | 282K | 12.3M | 16.8M | 29.5M | 8.3M | 6.9M | 5.9M |
| Total liabilities | 39.2M | 42.9M | 40M | 40.4M | 44.1M | 78M | 134.7M | 129.9M | 149.9M | 115.5M | 93.3M | 91.9M |
| Shareholders' equity | -11.2M | -18M | -18.5M | -10.5M | -11.7M | -22.3M | 525.7M | 426.1M | 406.6M | 483.7M | 498.1M | 482.8M |
| Total debt | 5.9M | 7.3M | 7.4M | 2.3M | 2.2M | 14.9M | 14.5M | 45.3M | 66M | 33.4M | 26.7M | 26M |
| Net debt | -1.6M | 3.2M | 4.8M | 148K | 94K | -1.4M | 13.1M | 38.3M | 56.9M | -27.1M | -28.7M | -15.5M |
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 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Net income | 6.7M | -32.8M | -31M | -96.6M | -475.4M |
| Depreciation & amortization | — | — | — | 5.6M | 22.5M |
| Stock-based compensation | 195K | 815K | 910K | 17.4M | 27.9M |
| Change in working capital | -482K | 621K | 2.8M | 3.1M | 978K |
| Operating cash flow | 6.8M | -31.2M | -26.8M | -61.6M | -80.7M |
| Capital expenditure | — | 0 | -645K | -1M | — |
| Investing cash flow | -75K | -410K | -6.8M | 1M | -2.7M |
| Dividends paid | -1.2M | -1.7M | -241K | -663K | -76K |
| Share repurchases | — | — | — | — | — |
| Financing cash flow | 4.3M | 11.7M | 19.2M | 71.7M | 139.1M |
| Net change in cash | 11.1M | -19.9M | -14.4M | 11M | 55.7M |
| Free cash flow | -3.9M | -9.9M | -20.1M | -48.9M | -82.1M |
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 | 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 | -18.9M | -13M | -7.5M | -11.3M | -9.4M | -70.1M | -253.7M | -141.3M | -34.7M | -45.7M | -27.8M | -62.7M |
| Depreciation & amortization | 0 | — | — | — | 77K | 5.5M | 5.5M | 5.6M | 5.6M | 5.7M | 5.7M | 11.3M |
| Stock-based compensation | 294K | 277K | 396K | 293K | 367K | 16.3M | 5.8M | 9.4M | 7.7M | 4.9M | 4.8M | 10.3M |
| Change in working capital | -41K | 1K | 2.5M | 3.4M | 11.4M | -9.6M | 1.1M | -2.9M | -2.1M | 4.2M | -60K | -3.8M |
| Operating cash flow | -18.7M | -13M | -4.2M | -7.5M | 3.8M | -50.9M | -243.2M | -22.1M | -19.6M | -24.4M | -34M | -59.5M |
| Capital expenditure | -49K | -472K | -640K | -66K | -30K | -266K | -917K | — | — | — | — | — |
| Investing cash flow | -49K | -472K | -3.2M | -2.6M | 785K | 6.9M | -3.3M | -371K | 0 | 0 | 0 | 0 |
| Dividends paid | — | -241K | — | — | 0 | -663K | -26K | -50K | 0 | 0 | 0 | 0 |
| Share repurchases | — | — | — | — | — | — | -50K | — | — | — | 0 | — |
| Financing cash flow | 5.7M | 8.8M | 10.2M | 10.1M | 18.2M | 33.5M | 8.2M | -466K | 22.1M | 75.8M | 29.8M | 41.6M |
| Net change in cash | -13M | -4.6M | 2.8M | 102K | 22.8M | -10.6M | -238.2M | -22.9M | 2.5M | 51.4M | -4.2M | -17.8M |
| Free cash flow | -4.8M | -7.8M | -8M | -9.1M | -2.5M | -29.5M | -15.6M | -22.1M | -20M | -24.4M | -34.9M | -60.5M |