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 24 | -$224 | -$152 | +32.1% | — | $2.9M | — |
| Q1 24 | -$216 | -$256 | -18.5% | — | $2.3M | — |
| Q4 23 | -$192 | -$272 | -41.7% | — | $2.6M | — |
| Q3 23 | -$280 | -$184 | +34.3% | — | $2.8M | — |
| Q2 23 | -$240 | -$312 | -30.0% | — | $1.6M | — |
| Q1 23 | -$256 | -$216 | +15.6% | — | $3M | — |
| Q4 22 | -$300 | -$192 | +36.0% | — | $3M | — |
| Q3 22 | -$272 | -$280 | -2.9% | — | $2.6M | — |
| Q2 22 | -$220 | -$240 | -9.1% | — | $2.3M | — |
| Q1 22 | -$202.7 | -$216 | -6.6% | — | $2.5M | — |
| Q4 21 | -$168 | -$136 | +19.0% | — | $2.5M | — |
| Q3 21 | — | -$0.22 | — | — | $2.7M | — |
| Q2 21 | — | -$0.87 | — | — | $2.9M | — |
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 | — | -$91.2 | — | — | $1.9M | — |
| FY24 | — | -$17.6 | — | — | $9.3M | — |
| FY23 | — | -$24.6 | — | — | $9.9M | — |
| FY22 | — | -$23.2 | — | — | $10.4M | — |
| FY21 | — | -$41.8 |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $4.4M | $4.3M | $8.2M | $11.1M | $10.4M | $9.9M | $9.3M | $1.9M |
| YoY change | — | -2.2% | +90.4% | +36.1% | -6.58% | -4.56% | -6.42% | -79.2% |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 4.4M | 4.3M | 8.2M | 11.1M | 10.4M | 9.9M | 9.3M | 1.9M |
| Cost of revenue | 2.4M | 2.1M | 3.6M | 5.2M | 4.8M | 4.8M | 5.3M | 1.9M |
| Gross profit | 2M | 2.2M | 4.6M | 5.9M | 5.6M | 5.1M | 4M | 24.1K |
| Gross margin | 46.2% | 50.5% | 56.2% | 52.9% | 54.3% | 51.4% | 42.9% | 1.25% |
| Research & development | 1.2M | 993.3K | 1.5M | 1.8M | 2.7M | 3.6M | 3.5M | 2.2M |
| Selling, general & administrative | 3.5M | 4.3M | 5M | 9.4M | 12.4M | 11.7M | 12.6M | 6.6M |
| Operating expenses | 5.4M | 6.1M | 7M | 11.8M | 15.8M | 16.3M | 16.7M | 9M |
| Operating income | -3.4M | -3.9M | -2.4M | -5.9M | -10.2M | -11.2M | -12.7M | -9M |
| Operating margin | -76.4% | -90.3% | -29.4% | -53.2% | -97.9% | -112.5% | -137% | -465.4% |
| Non-operating income, net | -904.3K | 719.9K | -149.3K | -945.3K | 9.8K | -39.1K | 406.2K | -1.5M |
| Pretax income | -5.5M | -4.9M | -4.7M | -9M | -10.2M | -11.1M | -12.5M | -10.5M |
| Income tax | -127K | -157K | 0 | — | — | — | — | — |
| Net income | -5.3M | -4.7M | -4.7M | -9M | -10.2M | -11.1M | -12.5M | -10.5M |
| Net margin | -121.7% | -110% | -56.8% | -80.5% | -98.5% | -111.8% | -134.5% | -543.7% |
| EBITDA | -2.8M | -3.1M | -1.6M | -5M | -8.8M | -8.8M | -10M | -8.7M |
| EPS | -25.2 | -14.6 | -21.9 | -41.8 | -23.2 | -24.6 | -17.6 | -91.2 |
| Diluted EPS | -25.2 | -14.6 | -21.9 | -41.8 | -23.2 | -24.6 | -17.6 | -91.2 |
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 | 2.8M | 2.6M | 2.3M | 2.9M | 2.7M | 1.5M | 1.1M | 713.1K | 106.6K | 51.8K | 156K | 151.9K |
| Cost of revenue | 1.4M | 1.4M | 1M | 1.4M | 1.6M | 1.3M | 657.3K | 444.2K | 204.6K | 598.8K | 84.4K | 83.3K |
| Gross profit | 1.4M | 1.1M | 1.3M | 1.4M | 1.1M | 151.4K | 400.2K | 269K | -98K | -547.1K | 71.6K | 68.7K |
| Gross margin | 49.9% | 44.6% | 56.3% | 50.3% | 41.6% | 10.3% | 37.8% | 37.7% | -91.9% | -1.1K% | 45.9% | 45.2% |
| Research & development | 921.6K | 967.8K | 912K | 911.9K | 754.7K | 951.7K | 545.4K | 536.3K | 551.1K | 527K | 247.5K | 290.2K |
| Selling, general & administrative | 2M | 4.2M | 2.8M | 2.6M | 1.5M | 6.2M | 1.1M | 1.2M | 2M | 2.3M | 2.2M | 987K |
| Operating expenses | 3.6M | 4M | 4.3M | 3.6M | 2.8M | 6M | 2M | 2.1M | 2.7M | 2.1M | 2.6M | 1.4M |
| Operating income | -2.2M | -2.9M | -3M | -2.2M | -1.7M | -5.8M | -1.6M | -1.8M | -2.8M | -2.7M | -2.5M | -1.4M |
| Operating margin | -79% | -111.5% | -131% | -76.2% | -64.1% | -395.8% | -154.9% | -255.4% | -2.7K% | -5.2K% | -1.6K% | -897.1% |
| Non-operating income, net | 20.1K | -29.9K | 72.4K | 68K | 271.7K | -5.8K | -2.3K | 764.2K | 47.2K | -2.3M | 264.1K | -95 |
| Pretax income | -2.1M | -3.1M | -2.9M | -2.1M | -1.4M | -6M | -1.7M | -1M | -2.8M | -5M | -2.3M | -1.4M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — |
| Net income | -2.1M | -3.1M | -2.9M | -2.1M | -1.4M | -6M | -1.7M | -1M | -2.8M | -5M | -2.3M | -1.4M |
| Net margin | -76% | -119.3% | -126.7% | -73.6% | -54.1% | -409.8% | -156.8% | -146.9% | -2.6K% | -9.7K% | -1.5K% | -896.9% |
| EBITDA | -1.6M | -2.3M | -2.3M | -1.5M | -889.7K | -5.3M | -1.2M | -614.5K | -2.3M | -4.6M | -2.1M | -1.2M |
| EPS | -4.66 | — | -6.4 | -3.8 | -2.1 | — | -28.4 | -16.8 | -19.2 | — | -6.66 | -0.98 |
| Diluted EPS | -4.66 | — | -6.4 | -3.8 | -2.1 | — | -28.4 | -16.8 | -19.2 | — | -6.66 | -0.98 |
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 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| Market cap | — | — | — | 1.3B | — | 181.2M | — | — | 3M |
| Enterprise value | — | — | — | 1.3B | — | 176.4M | — | — | -1M |
| Shares outstanding | 212.1K | 324.6K | 212.1K | 214.4K | 442.2K | 452.1K | 710.9K | 115.1K | 115.1K |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | — | — | -0.01 |
| P/S | — | — | — | 120.3 | — | 18.2 | — | — | 6.54 |
| P/B | — | — | — | 45 | — | 18.6 | — | — | 1.06 |
| EV/EBITDA | — | — | — | -265.4 | — | -20.1 | — | — | 0.11 |
| EV/Sales | — | — | — | 118.1 | — | 17.8 | — | — | -2.15 |
| Earnings yield | — | — | — | — | — | — | — | — | -7.7K% |
| FCF yield | — | — | — | -0.87% | — | -5.82% | — | — | -183.1% |
| PEG | — | — | — | — | — | — | — | — | 0 |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| Gross margin | 46.2% | 50.5% | 56.2% | 52.9% | 54.3% | 51.4% | 42.9% | 1.25% | 45.2% |
| Operating margin | -76.4% | -90.3% | -29.4% | -53.2% | -97.9% | -112.5% | -137% | -465.4% | -897.1% |
| Net margin | -121.7% | -110% | -56.8% | -80.5% | -98.5% | -111.8% | -134.5% | -543.7% | 1.25% |
| ROE | 29% | 20.8% | 17.1% | -30.1% | -50.4% | -113.9% | -377.5% | -339.6% | -968.5% |
| ROA | -132.2% | -112.2% | -74.9% | -25.1% | -41.6% | -70.2% | -133.7% | -110% | -87.7% |
| ROIC | 26.7% | 31.9% | 15.8% | — | — | — | — | — | — |
| Return on tangible assets | -457.1% | 1.2K% | -494.2% | -29.6% | -65.6% | -818.2% | 956.2% | -210.1% | -538.9% |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| Current ratio | 0.2 | 0.1 | 0.16 | 13.2 | 4.6 | 1.36 | 0.62 | 1.12 | 0.82 |
| Quick ratio | 0.2 | 0.1 | 0.16 | 13.2 | 4.6 | 1.36 | 0.62 | 1.12 | 0.82 |
| Debt / equity | -0.38 | -0.47 | -0.47 | 0.11 | 0.01 | 0.02 | 0.09 | 0.09 | 0.14 |
| Debt / assets | 1.72 | 2.51 | 2.06 | 0.1 | 0.01 | 0.01 | 0.03 | 0.03 | 0.03 |
| Net debt / EBITDA | -2.05 | -3.43 | -7.66 | 4.91 | 1.72 | 0.55 | 0.16 | 0.76 | 0.41 |
| Interest coverage | -3.51 | -1.83 | -1.22 | -3.26 | -41.9 | -47.1 | -55.8 | -1.1K | -4.8K |
| Effective tax rate | 0% | 0% | 0% | — | — | — | — | — | — |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| Revenue per share | 20.7 | 13.2 | 38.6 | 51.9 | 23.5 | 22 | 13.1 | 16.8 | 0.9 |
| EPS (basic) | -25.2 | -14.6 | -21.9 | -41.8 | -23.2 | -24.6 | -17.6 | -91.2 | -91.2 |
| EPS (diluted) | -25.2 | -14.6 | -21.9 | -41.8 | -23.2 | -24.6 | -17.6 | -91.2 | -50.5 |
| Book value per share | -86.9 | -70 | -128.6 | 139 | 45.9 | 21.5 | 4.66 | 26.8 | 1.14 |
| FCF per share | -17.5 | -12.8 | -6.56 | -54.6 | -20.4 | -23.3 | -12.6 | -45.6 | -6.24 |
| Cash per share | 5.33 | 0.17 | 3.28 | 129.4 | 34.6 | 11.1 | 2.64 | 59.8 | 1.75 |
| Capex per share | 0.26 | 0.09 | 0 | 0.01 | 0.49 | 0.04 | 0.08 | 8.69 | 1.22 |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| Capex / revenue | 1.27% | 0.66% | 0.01% | 0.02% | 2.07% | 0.2% | 0.61% | 51.8% | 364.6% |
| Capex / operating cash flow | -1.42% | -0.82% | -0.02% | -0.02% | -3.33% | -0.32% | -0.56% | -23.6% | -24.3% |
| Payout ratio | — | — | — | — | — | — | — | — | 0% |
| — |
| — |
| $11.1M |
| — |
| FY20 | — | -$21.9 | — | — | $8.2M | — |
| FY19 | — | -$14.6 | — | — | $4.3M | — |
| FY18 | — | -$25.2 | — | — | $4.4M | — |
| 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 | $2.8M | $2.6M | $2.3M | $2.9M | $2.7M | $1.5M | $1.1M | $713.1K | $106.6K | $51.8K | $156K | $151.9K |
| YoY change | +7.52% | -13% | -22.4% | +76.2% | -4.17% | -42.7% | -53.8% | -75.1% | -96% | -96.5% | -85.2% | -78.7% |
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 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 1.1M | 53.9K | 695.9K | 27.7M | 15.3M | 5M | 1.9M | 6.9M |
| Receivables | 1M | 833.6K | 1.5M | 3M | 1.6M | 728.4K | 1.4M | 48.3K |
| Inventory | 47.3K | 54.9K | — | — | — | — | — | 0 |
| Total current assets | 2.3M | 1.6M | 3.5M | 32.9M | 19.7M | 8.2M | 3.6M | 7M |
| Property, plant & equipment | 149.1K | 119.9K | 75.6K | 32.8K | 225.9K | 127.8K | 93.6K | 25.5K |
| Goodwill & intangibles | 2.9M | 4.6M | 5.3M | 5.4M | 9M | 14.5M | 10.7M | 4.5M |
| Total assets | 4M | 4.2M | 6.2M | 35.7M | 24.6M | 15.8M | 9.4M | 9.5M |
| Accounts payable | 696.9K | 737.8K | 1.8M | 832.7K | 2.5M | 3.9M | 4.2M | 5.4M |
| Short-term debt | 7M | 10.6M | 12.6M | — | 158.5K | 167.1K | 43.4K | 56.9K |
| Total current liabilities | 11.3M | 15.8M | 22.1M | 2.5M | 4.3M | 6M | 5.8M | 6.2M |
| Long-term debt | — | — | 178.9K | 3.4M | 27.4K | 29.1K | 268.8K | 211.9K |
| Total liabilities | 22.5M | 26.9M | 33.5M | 5.9M | 4.3M | 6.1M | 6M | 6.4M |
| Shareholders' equity | -18.4M | -22.7M | -27.3M | 29.8M | 20.3M | 9.7M | 3.3M | 3.1M |
| Total debt | 7M | 10.6M | 12.8M | 3.4M | 185.8K | 196.2K | 312.2K | 268.8K |
| Net debt | 5.8M | 10.5M | 12.1M | -24.3M | -15.1M | -2.1M | -1.6M | -6.6M |
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 | — | — | — | — | — | — | — | — | 2.8M | 6.9M | 2.8M | 4.4M |
| Receivables | — | — | — | — | — | — | — | — | 120.9K | 48.3K | 132.8K | 21.3K |
| Inventory | — | — | — | — | — | — | — | — | — | 0 | — | — |
| Total current assets | — | — | — | — | — | — | — | — | 3.6M | 7M | 3.5M | 4.5M |
| Property, plant & equipment | — | — | — | — | — | — | — | — | 42.7K | 25.5K | 277K | 21K |
| Goodwill & intangibles | — | — | — | — | — | — | — | — | 10.1M | 4.5M | 5.7M | 5.3M |
| Total assets | — | — | — | — | — | — | — | — | 9M | 9.5M | 6.6M | 7.4M |
| Accounts payable | 2.3M | 3.9M | 3.6M | 4.2M | 4.1M | 4.2M | 3.8M | 4.3M | 4.8M | 5.4M | 4.7M | 4.7M |
| Short-term debt | — | — | — | — | — | — | — | — | 54.9K | 56.9K | 59K | 61.2K |
| Total current liabilities | — | — | — | — | — | — | — | — | 5.7M | 6.2M | 5.6M | 5.5M |
| Long-term debt | — | — | — | — | — | — | — | — | 226.5K | 211.9K | 196K | 179.7K |
| Total liabilities | — | 6.1M | 5.7M | 5.8M | 6.5M | 6M | 5.2M | 5.4M | 5.9M | 6.4M | 5.8M | 5.7M |
| Shareholders' equity | — | — | — | — | — | — | — | — | 3.1M | 3.1M | 814K | 1.7M |
| Total debt | — | — | — | — | — | — | — | — | 281.4K | 268.8K | 255K | 240.9K |
| Net debt | — | — | — | — | — | — | — | — | -2.5M | -6.6M | -2.6M | -4.2M |
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 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|
| Net income | -5.3M | -4.7M | -4.7M | -9M | -10.2M | -11.1M | -12.5M | -10.5M |
| Depreciation & amortization | 469.2K | 635K | 819.7K | 1M | 1.2M | 2.1M | 2.3M | 1.7M |
| Stock-based compensation | 113.9K | 360.4K | 92.9K | 622.1K | 678.6K | 459.7K | 249.7K | 21.3K |
| Change in working capital | 51.2K | -237.1K | 1M | -3.9M | 1.8M | 2.6M | -173.5K | 2.5M |
| Operating cash flow | -3.9M | -3.4M | -2.6M | -10.3M | -6.5M | -6.1M | -10.2M | -4.2M |
| Capital expenditure | -56K | -28.2K | -426 | -2.5K | -215.5K | -19.5K | -56.5K | -1M |
| Investing cash flow | -56K | -28.2K | -426 | -2.5K | -215.5K | -2.5M | 2.6M | -1M |
| Dividends paid | — | — | — | — | — | — | — | — |
| Share repurchases | -41 | 0 | — | — | — | — | — | — |
| Financing cash flow | 3.5M | 3.1M | 3.3M | 38.7M | -3.5M | 0 | 1.3M | 10.2M |
| Net change in cash | -486.9K | -370K | 719.9K | 28.4M | -10.2M | -8.6M | -6.3M | 5M |
| Free cash flow | -3.7M | -4.2M | -1.4M | -11.7M | -9M | -10.6M | -9M | -5.2M |
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 | -2.1M | -3.1M | -2.9M | -2.1M | -1.4M | -6M | -1.7M | -1M | -2.8M | -5M | -2.3M | -1.4M |
| Depreciation & amortization | 524.1K | 580.5K | 596.7K | 606.7K | 542.8K | 548K | 432.7K | 432.7K | 457.7K | 407.7K | 135.9K | 201.5K |
| Stock-based compensation | 106.3K | 108.1K | 93.9K | 79.6K | 65.1K | 11K | 15.9K | 1.8K | 1.8K | 1.8K | 1K | 153 |
| Change in working capital | -98.1K | 2.2M | -179.6K | 192.9K | 95.7K | -282.4K | 252.4K | 727.7K | 710.9K | 732.8K | -480K | 16.5K |
| Operating cash flow | -1.6M | -227.9K | -2.4M | -1.2M | -702.8K | -5.8M | -957.4K | -192.2K | -2M | -916.9K | -3.4M | -689.6K |
| Capital expenditure | -5.7K | 0 | -9.1K | 0 | -39.5K | -7.9K | 0 | 0 | -1M | 0 | -700K | 0 |
| Investing cash flow | 3.3M | 309.4K | 2.2M | 467.3K | -39.5K | -7.9K | 0 | 0 | -1M | 0 | -700K | 0 |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | 0 | — | -52.5K | 0 | 0 | — | 0 | 0 | 0 | — | — | — |
| Financing cash flow | 0 | — | -118.9K | 1.3M | -140K | 172.3K | 0 | 0 | 5.2M | 5M | — | — |
| Net change in cash | 1.7M | 81.5K | -324.5K | 541.5K | -882.4K | -5.6M | -957.4K | -192.2K | 2.2M | 4.1M | -4.1M | -689.6K |
| Free cash flow | -2.6M | -687.3K | -2.4M | -1.7M | -1.3M | -3.6M | -1.1M | -192.7K | -3M | -916.9K | -4.1M | -689.6K |