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 % |
|---|---|---|---|---|---|---|
| Q3 26 | -$0.66 | -$0.73 | -10.6% | — | — | — |
| Q2 26 | -$0.52 | -$0.74 | -42.3% | — | — | — |
| Q1 26 | -$0.74 | -$0.92 | -24.3% | — | — | — |
| Q4 25 | -$0.8 | -$0.98 | -22.5% | — | — | — |
| Q3 25 | -$1.17 | -$0.9 | +23.1% | — | — | — |
| Q2 25 | -$1.4 | -$1.28 | +8.6% | — | — | — |
| Q1 25 | -$1.88 | -$0.77 | +59.0% | — | — | — |
| Q3 24 | -$2.5 | -$3.57 | -42.8% | — | — | — |
| Q2 24 | -$2.5 | -$2.56 | -2.4% | — | — | — |
| Q1 24 | -$3 | -$4 | -33.3% | — | — | — |
| Q3 23 | -$4.5 | -$5.5 | -22.2% | — | — | — |
| Q2 23 | -$5.5 | -$4.15 | +24.5% | — | $3.6M | — |
| Q3 22 | — | -$0.14 | — | — | $1.3M | — |
| Q2 22 | — | $0.02 | — | — | $1M | — |
| Q1 22 | — | -$0.3 | — | — | $944K | — |
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 | — | -$4 | — | — | $11.3M | — |
| FY24 | — | -$11 | — | — | $10.8M | — |
| FY23 | — | -$17 | — | — | — | — |
| FY22 | — | -$36 | — | — | $5.6M | — |
| FY21 | — | -$156.6 |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|
| Revenue | $3M | $3.3M | $3.4M | $5.6M | — | $10.8M | $11.3M |
| YoY change | — | +10.2% | +2.16% | +65.3% | — | — | +4.91% |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | Q2 23 | Q3 23 | Q1 24 |
|---|
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|
| Revenue | 3M | 3.3M | 3.4M | 5.6M | — | 10.8M | 11.3M |
| Cost of revenue | 4.6M | 4.6M | 5.5M | 8.9M | — | 14.5M | 16.1M |
| Gross profit | -1.6M | -1.3M | -2.1M | -3.3M | — | -3.7M | -4.8M |
| Gross margin | -53.1% | -39% | -60.4% | -58.9% | — | -34.2% | -42.1% |
| Research & development | 3.1M | 3.2M | 5.6M | 8.4M | — | 7.1M | 12.5M |
| Selling, general & administrative | 5.4M | 10.1M | 16.9M | 20.2M | — | 18.4M | 16.6M |
| Operating expenses | 8.5M | 13.3M | 22.5M | 28.6M | — | 25.5M | 29.1M |
| Operating income | -10.1M | -14.6M | -24.6M | -32M | — | -29.2M | -33.9M |
| Operating margin | -332.9% | -439% | -720.7% | -567.7% | — | -269.9% | -298.9% |
| Non-operating income, net | 216.4K | -2.4M | -15M | 15.6M | — | -2.1M | 104K |
| Pretax income | -12M | -19.3M | -43.8M | -25.6M | — | -31.7M | -33.8M |
| Income tax | 800 | 4K | 0 | 0 | — | 0 | 0 |
| Net income | -12M | -19.3M | -43.8M | -25.6M | — | -31.7M | -33.8M |
| Net margin | -395.3% | -579.9% | -1.3K% | -455.4% | — | -293.7% | -298.3% |
| EBITDA | -8.7M | -13.3M | -22.2M | -35.6M | — | -24.5M | -31.2M |
| EPS | -43.3 | -98.1 | -156.6 | -36 | -17 | -11 | -4 |
| Diluted EPS | -43.3 | -98.1 | -156.6 | -36 | -17 | -11 | -4 |
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | Q2 23 | Q3 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 3.6M | — | — | — | — | — | — | — | 3.1M | 2.5M | 6M | 9M |
| Cost of revenue | 3.6M | — | — | — | — | — | — | — | 4.7M | 4.2M | 5.6M | 8.4M |
| Gross profit | 9K | — | — | — | — | — | — | — | -1.6M | -1.6M | 465K | 664K |
| Gross margin | 0.25% | — | — | — | — | — | — | — | -50.1% | -63.8% | 7.73% | 7.36% |
| Research & development | 1.5M | — | — | — | — | — | — | — | 3.8M | 4.5M | 4.7M | 6M |
| Selling, general & administrative | 4.5M | — | — | — | — | — | — | — | 4.2M | 5.2M | 6.1M | 7.7M |
| Operating expenses | 5.9M | — | — | — | — | — | — | — | 7.9M | 9.7M | 10.8M | 13.8M |
| Operating income | -5.9M | — | — | — | — | — | — | — | -9.5M | -11.3M | -10.3M | -13.1M |
| Operating margin | -166.7% | — | — | — | — | — | — | — | -303.7% | -444.7% | -171.7% | -145.1% |
| Non-operating income, net | 1.1M | — | — | — | — | — | — | — | -90K | 181K | 23K | -928K |
| Pretax income | -4.8M | — | — | — | — | — | — | — | -9.5M | -11.1M | -10.3M | -14.1M |
| Income tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net income | -4.8M | — | — | — | — | — | — | — | -9.5M | -11.1M | -10.3M | -14.1M |
| Net margin | -134.7% | — | — | — | — | — | — | — | -304.7% | -435.4% | -171.5% | -156.1% |
| EBITDA | -6.5M | — | — | — | — | — | — | — | -8.9M | -10.6M | -9.5M | -11.8M |
| EPS | -4 | -5.36 | -4 | -2.5 | -3.58 | — | -1.28 | -0.9 | -0.98 | — | -0.74 | -0.79 |
| Diluted EPS | -4 | -5.36 | -4 | -2.5 | -3.58 | — | -1.28 | -0.9 | -0.98 | — | -0.74 | -0.79 |
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 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Market cap | — | — | — | — | — | — | — | 19.3M |
| Enterprise value | — | — | — | — | — | — | — | 21.3M |
| Shares outstanding | 283.8K | 203.8K | 283.8K | 711K | 1.3M | 2.9M | 8.5M | 8.5M |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | — | -0.2 |
| P/S | — | — | — | — | — | — | — | 0.93 |
| P/B | — | — | — | — | — | — | — | 0.55 |
| EV/EBITDA | — | — | — | — | — | — | — | -0.53 |
| EV/Sales | — | — | — | — | — | — | — | 1.03 |
| Earnings yield | — | — | — | — | — | — | — | -488.5% |
| FCF yield | — | — | — | — | — | — | — | -115.3% |
| PEG | — | — | — | — | — | — | — | 0.02 |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Gross margin | -53.1% | -39% | -60.4% | -58.9% | — | -34.2% | -42.1% | 7.36% |
| Operating margin | -332.9% | -439% | -720.7% | -567.7% | — | -269.9% | -298.9% | -145.1% |
| Net margin | -395.3% | -579.9% | -1.3K% | -455.4% | — | -293.7% | -298.3% | -217.3% |
| ROE | 320.1% | 1.9K% | 170.5% | 328.6% | — | -201.1% | -121.8% | -201.3% |
| ROA | -154.6% | -149.4% | -249.4% | -116.1% | — | -112.6% | -82% | -63.4% |
| ROIC | -473.1% | 809.8% | 87% | 1.7K% | — | -280.9% | -226.2% | -150.5% |
| Return on tangible assets | -154.6% | -149.4% | -249.4% | -167.8% | — | -145.2% | -95.1% | -960.3% |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Current ratio | 0.52 | 3.33 | 1.09 | 0.96 | — | 1.83 | 3.99 | 1.16 |
| Quick ratio | 0.52 | 3.33 | 1.09 | 0.72 | — | 1.61 | 3.64 | 0.98 |
| Debt / equity | -1.73 | -6.13 | -0.32 | -1.38 | — | 0.36 | 0.28 | 0.27 |
| Debt / assets | 0.84 | 0.48 | 0.47 | 0.49 | — | 0.2 | 0.19 | 0.14 |
| Net debt / EBITDA | -0.68 | 0.06 | 0.11 | -0.17 | — | 0.22 | 0.41 | 0.01 |
| Interest coverage | -4.69 | -7.56 | -9.12 | -1.78 | — | — | -866.1 | -866.1 |
| Effective tax rate | 0% | 0% | 0% | 0% | — | 0% | 0% | 0% |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Revenue per share | 10.7 | 16.4 | 12 | 7.92 | — | 3.73 | 1.34 | 1.56 |
| EPS (basic) | -43.3 | -98.1 | -156.6 | -36 | -17 | -11 | -4 | -4 |
| EPS (diluted) | -43.3 | -98.1 | -156.6 | -36 | -17 | -11 | -4 | -3.41 |
| Book value per share | -13.2 | -5.02 | -90.6 | -11 | — | 5.45 | 3.28 | 1.5 |
| FCF per share | -30.1 | -74.4 | -71.3 | -34 | — | -7.77 | -3.66 | -2.37 |
| Cash per share | 2.14 | 34.6 | 37.9 | 6.76 | — | 3.84 | 2.43 | 0.34 |
| Capex per share | 0.06 | 0 | 0.41 | 0.16 | — | 0.01 | — | — |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Capex / revenue | 0.56% | 0% | 3.43% | 1.97% | — | 0.4% | — | — |
| Capex / operating cash flow | -0.2% | 0% | -0.34% | -2.32% | — | -0.17% | — | — |
| Payout ratio | — | — | — | — | — | — | — | 0% |
| — |
| — |
| $3.4M |
| — |
| FY20 | — | -$98.1 | — | — | $3.3M | — |
| FY19 | — | -$43.3 | — | — | $3M | — |
| Q2 24 |
|---|
| Q3 24 |
|---|
| Q4 24 |
|---|
| Q1 25 |
|---|
| Q2 25 |
|---|
| Q3 25 |
|---|
| Q4 25 |
|---|
| Q1 26 |
|---|
| Q2 26 |
|---|
| Revenue | $3.6M | — | — | — | — | — | — | — | $3.1M | $2.5M | $6M | $9M |
| YoY change | +241.9% | — | — | — | — | — | — | — | — | — | — | — |
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 | FY19 | FY20 | FY21 | FY22 | FY24 | FY25 |
|---|---|---|---|---|---|---|
| Cash & short-term investments | 608.7K | 7.1M | 10.7M | 4.8M | 11.1M | 20.6M |
| Receivables | 655.7K | 874K | 1.2M | 1.4M | 1.7M | 2.1M |
| Inventory | — | — | 0 | 2.6M | 1.8M | 2.3M |
| Total current assets | 2.2M | 8.8M | 13.3M | 10.1M | 15.1M | 26.4M |
| Property, plant & equipment | 2.2M | 1.6M | 1.2M | 2.6M | 1.1M | 3.8M |
| Goodwill & intangibles | — | — | 0 | 6.8M | 6.3M | 5.7M |
| Total assets | 7.7M | 12.9M | 17.6M | 22.1M | 28.2M | 41.3M |
| Accounts payable | 967.7K | 232K | 1.5M | 2.5M | 2.8M | 2.5M |
| Short-term debt | 1.5M | 560K | 7.8M | 2.9M | 1.8M | 960K |
| Total current liabilities | 4.3M | 2.6M | 12.2M | 10.5M | 8.3M | 6.6M |
| Long-term debt | 5M | 5.7M | 485K | 7.9M | 4M | 6.8M |
| Total liabilities | 11.5M | 14M | 43.3M | 29.9M | 12.4M | 13.5M |
| Shareholders' equity | -3.7M | -1M | -25.7M | -7.8M | 15.8M | 27.8M |
| Total debt | 6.5M | 6.3M | 8.2M | 10.7M | 5.7M | 7.8M |
| Net debt | 5.9M | -785K | -2.5M | 5.9M | -5.4M | -12.8M |
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 | Q2 23 | Q3 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 | 5.8M | 4.6M | 2.5M | 2.6M | 5.2M | 11.1M | 12.7M | 8.2M | 20.4M | 20.6M | 11.4M | 8.2M |
| Receivables | 2M | 2.1M | 3.1M | 3.5M | 2.4M | 1.7M | 2M | 2.5M | 2.5M | 2.1M | 5.3M | 4.5M |
| Inventory | 2.7M | 3.2M | 2.9M | 3.2M | 2.9M | 1.8M | 1.6M | 1.7M | 1.8M | 2.3M | 2.3M | 2.7M |
| Total current assets | 12M | 11.2M | 9.9M | 10.7M | 11.5M | 15.1M | 17.1M | 13.3M | 25.8M | 26.4M | 21M | 17.4M |
| Property, plant & equipment | 2.7M | 2.4M | 2.1M | 1.8M | 1.3M | 1.1M | 868K | 3.6M | 3.8M | 3.8M | 3.7M | 4.3M |
| Goodwill & intangibles | 7.4M | 7.1M | 6.8M | 6.6M | 6.5M | 6.3M | 6.2M | 6M | 5.8M | 5.7M | 52.6M | 51.2M |
| Total assets | 25.2M | 25M | 24M | 24.6M | 24.9M | 28.2M | 29.8M | 29.2M | 41.1M | 41.3M | 59.6M | 55.9M |
| Accounts payable | 1.5M | 1.7M | 1.5M | 2.6M | 2.6M | 2.8M | 2.3M | 2.5M | 2.6M | 2.5M | 2.9M | 3.4M |
| Short-term debt | 1.4M | 1.1M | 755K | 787K | 3.3M | 1.8M | 1.6M | 400K | 425K | 960K | 1.2M | 1.1M |
| Total current liabilities | 9.3M | 7.7M | 6.5M | 8.9M | 11.5M | 8.3M | 7.5M | 7M | 7.1M | 6.6M | 14M | 15M |
| Long-term debt | 953K | 783K | 4.4M | 4.2M | 3.9M | 4M | 4M | 7M | 6.9M | 6.8M | 6.7M | 6.8M |
| Total liabilities | 15.9M | 15.9M | 16.6M | 13.4M | 15.7M | 12.4M | 11.6M | 14.1M | 14.2M | 13.5M | 25.6M | 26.3M |
| Shareholders' equity | 9.2M | 9.1M | 7.4M | 11.2M | 9.3M | 15.8M | 18.2M | 15.1M | 26.9M | 27.8M | 34M | 29.6M |
| Total debt | 2.3M | 1.8M | 5.2M | 5M | 7.3M | 5.7M | 5.6M | 7.4M | 7.4M | 7.8M | 7.9M | 8M |
| Net debt | -3.5M | -2.8M | 2.7M | 2.4M | 2.1M | -5.4M | -7.1M | -809K | -13M | -12.8M | -3.5M | -210K |
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 | FY19 | FY20 | FY21 | FY22 | FY24 | FY25 |
|---|---|---|---|---|---|---|
| Net income | -12M | -19.3M | -43.8M | -25.6M | -31.7M | -33.8M |
| Depreciation & amortization | 1.5M | 1.4M | 1.6M | 1.7M | 2.6M | 2.6M |
| Stock-based compensation | 468.6K | 519K | 1.3M | 3.5M | 1.7M | 1.5M |
| Change in working capital | 414.2K | -980K | 1.9M | 1.5M | 1.5M | -1.3M |
| Operating cash flow | -8.4M | -16.9M | -34.8M | -4.8M | -24.6M | -30.3M |
| Capital expenditure | -16.8K | 0 | -117K | -111K | -43K | — |
| Investing cash flow | -1.2M | -632K | -2.3M | -9.9M | -3.2M | -1.9M |
| Dividends paid | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | -78K | 0 |
| Financing cash flow | 8.8M | 22.2M | 26.1M | 25.6M | 34.5M | 42.2M |
| Net change in cash | -715.3K | 4.7M | -11M | 10.9M | 6.6M | 10M |
| Free cash flow | -8.5M | -15.2M | -20.2M | -24.2M | -22.5M | -31M |
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 | Q2 23 | Q3 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income | -4.8M | -8.3M | -7.6M | -6.3M | -10.9M | -7M | -6.9M | -6.3M | -9.5M | -11.1M | -10.3M | -14.1M |
| Depreciation & amortization | 598K | 606K | 629K | 651K | 614K | 723K | 656K | 639K | 642K | 623K | 798K | 1.2M |
| Stock-based compensation | 731K | 843K | 334K | 269K | 724K | 385K | 422K | 385K | 376K | 353K | 325K | 299K |
| Change in working capital | -709K | -1.1M | -2.1M | 818K | 1.7M | 1M | -1.2M | 268K | -86K | -338K | -1.8M | 459K |
| Operating cash flow | -4.1M | -7.9M | -8.7M | -4.4M | -7.7M | -3.9M | -6.9M | -5.5M | -7.9M | -10.6M | -11.6M | -11.5M |
| Capital expenditure | -18K | 3K | 0 | -4K | -8K | -31K | — | — | — | — | — | — |
| Investing cash flow | -1.4M | -1.4M | -894K | -869K | -717K | -698K | -449K | -556K | -475K | -407K | -6.2M | -613K |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | 0 | — | — | — | 0 | — | — |
| Financing cash flow | 9.5M | 7.4M | 9.7M | 7.7M | 10.7M | 11.7M | 8.3M | 341K | 19.3M | 11.4M | 8.8M | 9.2M |
| Net change in cash | 4.1M | -1.9M | 115K | 2.4M | 2.3M | 7.1M | 904K | -5.7M | 11M | 400K | -9.1M | -3M |
| Free cash flow | -4.8M | -6.9M | -8.6M | -4M | -4.7M | -5.1M | -6.4M | -5.7M | -8.1M | -10.9M | -11.7M | -11.8M |