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 % |
|---|---|---|---|---|---|---|
| Q1 26 | -$0.06 | -$0.07 | -16.7% | — | $1.3M | — |
| Q4 25 | -$0.09 | -$0.1 | -11.1% | — | $1.5M | — |
| Q3 25 | -$0.09 | -$0.1 | -11.1% | — | $1.2M | — |
| Q2 25 | -$0.1 | -$0.1 | 0.0% | — | $1.2M | — |
| Q1 25 | -$0.11 | -$0.16 | -45.5% | — | $828K | — |
| Q4 24 | -$0.15 | -$0.19 | -26.7% | — | $1.2M | — |
| Q3 24 | -$0.18 | -$0.2 | -11.1% | — | $1.2M | — |
| Q2 24 | -$0.18 | -$0.2 | -11.1% | — | $976K | — |
| Q1 24 | -$0.22 | -$0.21 | +4.5% | — | $1M | — |
| Q4 23 | -$0.2 | -$0.23 | -15.0% | — | $1M | — |
| Q3 23 | -$0.27 | -$0.34 | -25.9% | — | $783K | — |
| Q2 23 | -$0.27 | -$0.23 | +14.8% | — | $159K | — |
| Q1 23 | -$0.35 | -$0.4 | -14.3% | — | $446K | — |
| Q4 22 | -$0.38 | -$0.23 | +39.5% | — | $112K | — |
| Q3 22 | -$0.4 | -$0.39 | +2.5% | — | $76K | — |
| Q2 22 | -$0.36 | -$0.41 | -13.9% | — | $0 | — |
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 | — | -$0.43 | — | — | $4.7M | — |
| FY24 | — | -$1.05 | — | — | $4.3M | — |
| FY23 | — | -$1.26 | — | — | $2.4M | — |
| FY22 | — | -$1.55 | — | — | $377K | — |
| FY21 | — | -$1.51 |
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 | $0 | $0 | $500K | $377K | $2.4M | $4.3M | $4.7M |
| YoY change | — | 0% | +InfinityT% | -24.6% | +544% | +79% | +8.28% |
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 |
|---|
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 | 0 | 0 | 500K | 377K | 2.4M | 4.3M | 4.7M |
| Cost of revenue | — | 0 | 585K | 3.6M | 6M | 7.1M | 6.7M |
| Gross profit | — | 0 | -85K | -3.2M | -3.6M | -2.8M | -2M |
| Gross margin | — | — | -17% | -858.6% | -146.3% | -63.3% | -41.7% |
| Research & development | 3.5M | 5.4M | 9.3M | 11.3M | 7.3M | 6M | 5.7M |
| Selling, general & administrative | 958.7K | 2.8M | 18M | 40.1M | 35.7M | 36.6M | 41.6M |
| Operating expenses | 4.4M | 8.3M | 27.3M | 51.4M | 42.9M | 42.6M | 47.3M |
| Operating income | -4.4M | -8.3M | -27.4M | -56.3M | -48.5M | -46.1M | -49.6M |
| Operating margin | — | — | -5.5K% | -14.9K% | -2K% | -1.1K% | -1.1K% |
| Non-operating income, net | — | — | — | — | -4.2M | 227K | -8.7M |
| Pretax income | -4.4M | -8.3M | -28.1M | -56.2M | -52.7M | -45.5M | -58M |
| Income tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net income | -4.4M | -8.3M | -28.1M | -56.2M | -52.7M | -45.5M | -58M |
| Net margin | — | — | -5.6K% | -14.9K% | -2.2K% | -1K% | -1.2K% |
| EBITDA | -4.4M | -8.3M | -27.4M | -54.2M | -49.7M | -39.2M | -57.1M |
| EPS | -0.12 | -0.22 | -1.51 | -1.55 | -1.26 | -1.05 | -0.43 |
| Diluted EPS | -0.12 | -0.22 | -1.51 | -1.55 | -1.26 | -1.05 | -0.43 |
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 | 783K | 1M | 1M | 976K | 1.2M | 1.2M | 828K | 1.2M | 1.2M | 1.5M | 1.3M | 1.5M |
| Cost of revenue | 1.6M | 1.5M | 1.7M | 1.6M | 1.7M | 2.1M | 1.6M | 1.6M | 1.7M | 1.9M | 1.6M | 1.4M |
| Gross profit | -851K | -417K | -655K | -638K | -512K | -948K | -723K | -400K | -486K | -356K | -369K | 29K |
| Gross margin | -108.7% | -40.1% | -65.4% | -65.4% | -43.7% | -79.2% | -87.3% | -34.4% | -40.1% | -23.7% | -29.4% | 1.97% |
| Research & development | 1.6M | 1.9M | 1.5M | 1.4M | 1.7M | 1.5M | 1.4M | 1.3M | 1.3M | 1.7M | 1.2M | 1.2M |
| Selling, general & administrative | 8.2M | 8.6M | 8.3M | 9.1M | 9.4M | 9.9M | 10.2M | 9.6M | 9.9M | 11.8M | 10.4M | 11.5M |
| Operating expenses | 9.8M | 10.5M | 9.8M | 10.4M | 11.1M | 11.3M | 11.7M | 10.9M | 11.2M | 13.6M | 11.6M | 12.7M |
| Operating income | -11.1M | -11.5M | -10.8M | -11.2M | -11.7M | -12.4M | -12.5M | -11.4M | -11.8M | -14M | -12.1M | -12.8M |
| Operating margin | -1.4K% | -1.1K% | -1.1K% | -1.1K% | -997.8% | -1K% | -1.5K% | -978.8% | -971% | -931.6% | -964.5% | -868.5% |
| Non-operating income, net | -3M | 540K | 124K | 86K | -757K | 775K | -14.5M | 6.8M | 1.3M | -2.4M | -1.9M | 1M |
| Pretax income | -14.2M | -10.8M | -10.6M | -11M | -12.4M | -11.5M | -26.9M | -4.4M | -10.4M | -16.3M | -13.9M | -11.7M |
| Income tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net income | -14.2M | -10.8M | -10.6M | -11M | -12.4M | -11.5M | -26.9M | -4.4M | -10.4M | -16.3M | -13.9M | -11.7M |
| Net margin | -1.8K% | -1K% | -1.1K% | -1.1K% | -1.1K% | -964.2% | -3.2K% | -381.7% | -858.5% | -1.1K% | -1.1K% | -792.9% |
| EBITDA | -10.4M | -10.2M | -10.2M | -10.9M | -11.7M | -7.3M | -26.7M | -4.2M | -10.2M | -16.1M | -13.7M | -11.5M |
| EPS | -0.34 | — | -0.4 | -0.23 | -0.25 | -0.2 | -0.52 | -0.08 | -0.1 | -0.1 | -0.17 | -0.08 |
| Diluted EPS | -0.34 | — | -0.4 | -0.23 | -0.25 | -0.2 | -0.52 | -0.08 | -0.1 | -0.1 | -0.17 | -0.08 |
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 | — | — | — | — | — | — | — | 153.9M |
| Enterprise value | — | — | — | — | — | — | — | 148.2M |
| Shares outstanding | 37M | 37M | 18.6M | 36.2M | 41.8M | 50.5M | 164.1M | 164.1M |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | — | -1.87 |
| P/S | — | — | — | — | — | — | — | 29 |
| P/B | — | — | — | — | — | — | — | 14.5 |
| EV/EBITDA | — | — | — | — | — | — | — | -2.98 |
| EV/Sales | — | — | — | — | — | — | — | 27.2 |
| Earnings yield | — | — | — | — | — | — | — | -53.6% |
| FCF yield | — | — | — | — | — | — | — | -17.2% |
| PEG | — | — | — | — | — | — | — | -5.01 |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Gross margin | — | — | -17% | -858.6% | -146.3% | -63.3% | -41.7% | 1.97% |
| Operating margin | — | — | -5.5K% | -14.9K% | -2K% | -1.1K% | -1.1K% | -868.5% |
| Net margin | — | — | -5.6K% | -14.9K% | -2.2K% | -1K% | -1.2K% | -41.7% |
| ROE | 83.3% | 61.3% | -51.3% | -243.7% | 2.3K% | -844.5% | -530.4% | -556.3% |
| ROA | -427.6% | -377.2% | -47.6% | -172.8% | -193.1% | -148.2% | -143.4% | -81.6% |
| ROIC | 80.9% | 60.8% | -2.5K% | -2.2K% | 814.5% | -1.1K% | -2.4K% | -2.1K% |
| Return on tangible assets | -427.6% | -377.2% | -47.6% | -219.3% | -215.6% | -155.7% | -145.7% | -134.5% |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Current ratio | 0.06 | 0.09 | 13.5 | 2.89 | 0.75 | 1.07 | 1.31 | 1.33 |
| Quick ratio | 0.06 | 0.04 | 13.3 | 2.88 | 0.74 | 1.05 | 1.3 | 1.31 |
| Debt / equity | — | — | 0 | 0.09 | -6.6 | 3.94 | 2.36 | 2.28 |
| Debt / assets | — | — | 0 | 0.06 | 0.56 | 0.69 | 0.64 | 0.64 |
| Net debt / EBITDA | — | — | 1.96 | 0.38 | 0.07 | 0.03 | 0.16 | 0.17 |
| Interest coverage | — | — | -41.6 | -7K | -125.6 | -1.8K | -2.6K | -2.9K |
| Effective tax rate | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Revenue per share | 0 | 0 | 0.03 | 0.01 | 0.06 | 0.09 | 0.03 | 0.04 |
| EPS (basic) | -0.12 | -0.22 | -1.51 | -1.55 | -1.26 | -1.05 | -0.43 | -0.43 |
| EPS (diluted) | -0.12 | -0.22 | -1.51 | -1.55 | -1.26 | -1.05 | -0.43 | -0.41 |
| Book value per share | -0.14 | -0.37 | 2.94 | 0.64 | -0.06 | 0.11 | 0.07 | 0.06 |
| FCF per share | -0.06 | -0.15 | -1 | -0.85 | -0.79 | -0.89 | -0.28 | -0.26 |
| Cash per share | 0 | 0 | 2.88 | 0.62 | 0.45 | 0.44 | 0.21 | 0.18 |
| Capex per share | — | 0 | 0.05 | 0.03 | 0.01 | 0.01 | — | — |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Capex / revenue | — | — | 172.4% | 240.8% | 9.1% | 6.81% | — | — |
| Capex / operating cash flow | — | 0% | -4.46% | -2.34% | -0.53% | -0.75% | — | — |
| Payout ratio | — | — | — | — | — | — | — | 0% |
| — |
| — |
| $500K |
| — |
| FY20 | — | -$0.22 | — | — | $0 | — |
| FY19 | — | -$0.12 | — | — | $0 | — |
| Q1 24 |
|---|
| Q2 24 |
|---|
| Q3 24 |
|---|
| Q4 24 |
|---|
| Q1 25 |
|---|
| Q2 25 |
|---|
| Q3 25 |
|---|
| Q4 25 |
|---|
| Q1 26 |
|---|
| Q2 26 |
|---|
| Revenue | $783K | $1M | $1M | $976K | $1.2M | $1.2M | $828K | $1.2M | $1.2M | $1.5M | $1.3M | $1.5M |
| YoY change | +930.3% | +828.6% | +124.4% | +513.8% | +49.7% | +15.1% | -17.3% | +19.2% | +3.33% | +25.6% | +51.7% | +26.7% |
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 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 156.4K | 111K | 53.7M | 22.5M | 18.9M | 22.4M | 34.7M |
| Receivables | — | 0 | 200K | 17K | 45K | 45K | 643K |
| Inventory | 0 | 834K | 493K | 111K | 278K | 341K | 353K |
| Total current assets | 390.9K | 1.4M | 57.3M | 24.4M | 22.1M | 25.1M | 37.5M |
| Property, plant & equipment | — | — | 971K | 3.6M | 2.6M | 3.7M | 2.6M |
| Goodwill & intangibles | — | — | 0 | 6.9M | 2.8M | 1.5M | 630K |
| Total assets | 1M | 2.2M | 59M | 32.5M | 27.3M | 30.7M | 40.4M |
| Accounts payable | 799.1K | 2.1M | 1.5M | 1.1M | 1.1M | 1.2M | 970K |
| Short-term debt | — | — | — | 962K | 15.1M | 19.5M | 24.9M |
| Total current liabilities | 6.3M | 15.7M | 4.3M | 8.4M | 29.4M | 23.5M | 28.6M |
| Long-term debt | — | — | 0 | 1M | 199K | 1.8M | 927K |
| Total liabilities | 6.3M | 15.7M | 4.3M | 9.5M | 29.6M | 25.3M | 29.5M |
| Shareholders' equity | -5.3M | -13.5M | 54.7M | 23M | -2.3M | 5.4M | 10.9M |
| Total debt | — | — | 0 | 2M | 15.3M | 21.3M | 25.8M |
| Net debt | — | — | -53.7M | -20.5M | -3.6M | -1.1M | -8.9M |
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 | 24.1M | 18.9M | 24.8M | 24.9M | 14.5M | 22.4M | 25.2M | 31.1M | 47.3M | 34.7M | 27.9M | 33.4M |
| Receivables | 21K | 45K | 49K | 160K | 39K | 45K | 61K | 373K | 550K | 643K | 689K | 1.1M |
| Inventory | 190K | 278K | 410K | 683K | 651K | 341K | 484K | 505K | 486K | 353K | 469K | 484K |
| Total current assets | 27.3M | 22.1M | 27.6M | 27.9M | 16.8M | 25.1M | 27.5M | 33.8M | 49.8M | 37.5M | 31.4M | 36.6M |
| Property, plant & equipment | 2.9M | 2.6M | 2.3M | 4.1M | 3.8M | 3.7M | 3.5M | 3.2M | 2.9M | 2.6M | 2.5M | 2.2M |
| Goodwill & intangibles | 3.9M | 2.8M | 2.1M | 1.9M | 1.7M | 1.5M | 631K | 526K | 421K | 630K | 210K | 105K |
| Total assets | 33.2M | 27.3M | 32M | 34.1M | 22.6M | 30.7M | 32.8M | 38.7M | 53.2M | 40.4M | 34.1M | 38.9M |
| Accounts payable | 994K | 1.1M | 969K | 903K | 1.1M | 1.2M | 829K | 833K | 751K | 970K | 1.1M | 667K |
| Short-term debt | 15.6M | 15.1M | 14M | 12.1M | 11.1M | 19.5M | 33.7M | 26.2M | 23.2M | 24.9M | 26.1M | 24.4M |
| Total current liabilities | 30.2M | 29.4M | 20M | 16M | 14.2M | 23.5M | 36.6M | 29.4M | 26.2M | 28.6M | 29.4M | 27.5M |
| Long-term debt | 464K | 199K | 177K | 2.2M | 2M | 1.8M | 1.6M | 1.4M | 1.2M | 927K | 695K | 503K |
| Total liabilities | 30.7M | 29.6M | 20.2M | 18.1M | 16.3M | 25.3M | 38.2M | 30.8M | 27.4M | 29.5M | 30.1M | 28M |
| Shareholders' equity | 2.6M | -2.3M | 11.9M | 16M | 6.3M | 5.4M | -5.4M | 7.9M | 25.8M | 10.9M | 4M | 10.9M |
| Total debt | 16.1M | 15.3M | 14.2M | 14.2M | 13.1M | 21.3M | 35.3M | 27.6M | 24.3M | 25.8M | 26.8M | 24.9M |
| Net debt | -8M | -3.6M | -10.6M | -10.7M | -1.4M | -1.1M | 10M | -3.6M | -23M | -8.9M | -1.1M | -8.5M |
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 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|
| Net income | -4.4M | -8.3M | -28.1M | -56.2M | -52.7M | -45.5M | -58M |
| Depreciation & amortization | — | 0 | 4K | 1.9M | 2.5M | 1.2M | 872K |
| Stock-based compensation | 173.9K | 65K | 9.6M | 15M | 6.8M | 4.5M | 4.5M |
| Change in working capital | 301.9K | 1.1M | -865K | -262K | 61K | 96K | -871K |
| Operating cash flow | -3.9M | -7.1M | -19.3M | -38.9M | -41.4M | -39.4M | -46.5M |
| Capital expenditure | — | 0 | -862K | -908K | -221K | -296K | — |
| Investing cash flow | — | 0 | -862K | -4.1M | -221K | -296K | — |
| Dividends paid | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — |
| Financing cash flow | 2.5M | 5.6M | 72.1M | 1.8M | 28.9M | 44.2M | 58.7M |
| Net change in cash | -1.4M | -1.5M | 51.9M | -41.2M | -12.7M | 4.5M | 12.3M |
| Free cash flow | -2.4M | -5.6M | -18.5M | -30.6M | -33M | -44.8M | -46.7M |
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 | -14.2M | -10.8M | -10.6M | -11M | -12.4M | -11.5M | -26.9M | -4.4M | -10.4M | -16.3M | -13.9M | -11.7M |
| Depreciation & amortization | 625K | 629K | 501K | 229K | 215K | 222K | 221K | 222K | 220K | 209K | 222K | 224K |
| Stock-based compensation | 1.3M | 963K | 932K | 1.2M | 1.2M | 1.2M | 1M | 1.1M | 1.2M | 1.2M | 1.4M | 1.7M |
| Change in working capital | 371K | 127K | -180K | -178K | 355K | 99K | -428K | -308K | -259K | 124K | 62K | -810K |
| Operating cash flow | -13.1M | -8M | -9.3M | -9.7M | -10.4M | -10M | -26M | -10.5M | -10.9M | -12.6M | -12.1M | -11.3M |
| Capital expenditure | -14K | -175K | -37K | 0 | 0 | -259K | -93K | — | — | — | — | — |
| Investing cash flow | -14K | -175K | -37K | 0 | 0 | -259K | -93K | — | — | — | — | — |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | -17K | 0 |
| Financing cash flow | 0 | 5M | 18.2M | 11.6M | 0 | 18M | 15.3M | 16.4M | 27M | 0 | 5.3M | 16.8M |
| Net change in cash | -13.1M | -3.2M | 8.8M | 2M | -10.4M | 7.8M | -10.8M | 5.9M | 16.1M | -12.6M | -6.8M | 5.5M |
| Free cash flow | -8.8M | -10.2M | -12.6M | -11.5M | -10.5M | -10.1M | -12.6M | -10.6M | -10.9M | -12.6M | -12.3M | -11.3M |