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 | -$1.72 | -$2.28 | -32.6% | — | $4.5M | — |
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 | — | -$18.7 | — | — | $22.1M | — |
| FY24 | — | -$9.95 | — | — | $15.7M | — |
| FY23 | — | -$0.36 | — | — | $15.1M | — |
| FY22 | — | $0.34 | — | — | $10.4M | — |
| FY20 | — | -$0.88 | — | — | $8.7M | — |
| FY19 | — | $0.22 | — | — | $11.9M | — |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | FY19 | FY20 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|
| Revenue | $11.9M | $8.7M | $10.4M | $15.1M | $15.7M | $22.1M |
| YoY change | — | -26.5% | — | +45.7% | +4.16% | +40.2% |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 |
|---|
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | FY19 | FY20 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|
| Revenue | 11.9M | 8.7M | 10.4M | 15.1M | 15.7M | 22.1M |
| Cost of revenue | 4.7M | 3.1M | 8.9M | 12M | 9.7M | 10.8M |
| Gross profit | 7.2M | 5.6M | 1.5M | 3.1M | 6M | 11.2M |
| Gross margin | 60.4% | 64.1% | 14.3% | 20.3% | 38.1% | 50.9% |
| Research & development | — | — | — | — | — | — |
| Selling, general & administrative | 906.6K | 1.1M | 2M | 2.4M | 2.6M | 5.2M |
| Operating expenses | 1.5M | 2.1M | 2.1M | 2.5M | 2.6M | 5.2M |
| Operating income | 5.6M | 3.5M | -5.1M | -4.7M | -3.8M | -5.4M |
| Operating margin | 47.4% | 39.7% | -49.4% | -30.8% | -24.1% | -24.6% |
| Non-operating income, net | -2.8M | -15.2M | 11.8M | 8.1M | -1.3M | -10M |
| Pretax income | 2.9M | -11.7M | 4.3M | -3.7M | -11.2M | -24M |
| Income tax | -13.3K | 0 | — | — | — | — |
| Net income | 2.9M | -11.7M | 4.3M | -3.7M | -11.2M | -24M |
| Net margin | 24.3% | -134.3% | 41.3% | -24.4% | -71.3% | -108.7% |
| EBITDA | 8.4M | 18.7M | 9.4M | 3.2M | 5.2M | 5.2M |
| EPS | 0.22 | -0.88 | 0.34 | -0.36 | -9.95 | -18.7 |
| Diluted EPS | 0.22 | -0.88 | 0.34 | -0.36 | -9.95 | -18.7 |
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 | Q3 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 3.9M | 3.6M | 3.6M | 4.1M | 4.5M | 5M | 8M | 4.3M | 4.8M | 4.5M | 4.6M | 5.4M |
| Cost of revenue | 3.2M | 2.2M | 2.3M | 2.6M | 2.7M | 2.7M | 2.6M | 2.8M | 2.8M | 2.8M | 3.2M | 2.7M |
| Gross profit | 742.2K | 1.4M | 1.3M | 1.5M | 1.9M | 2.2M | 5.5M | 1.5M | 2M | 1.8M | 1.4M | 2.7M |
| Gross margin | 19.1% | 38.8% | 35.8% | 35.8% | 41.2% | 45% | 68% | 35.6% | 42% | 38.9% | 31.3% | 49.9% |
| Research & development | — | — | — | — | — | — | — | — | — | — | — | — |
| Selling, general & administrative | 685.4K | 741.3K | 610.9K | 613.8K | 595.4K | 1.1M | 775.6K | 2.1M | 1.3M | 1M | 813.1K | 631.9K |
| Operating expenses | 708.4K | 757.9K | 627.5K | 630.4K | 612K | 1.1M | 777.1K | 2.1M | 1.3M | 1M | 813.1K | 631.9K |
| Operating income | -1.5M | -934.7K | -905.4K | -1.1M | -877.2K | -1.1M | 2.5M | -3.2M | -3.6M | -1.5M | -2M | -29.7K |
| Operating margin | -38.6% | -26.3% | -25.3% | -26.4% | -19.4% | -23.1% | 31.2% | -74.1% | -75.6% | -32.4% | -44.6% | -0.55% |
| Non-operating income, net | 13.6M | -2M | 804.6K | -270.4K | 111.7K | -4.4M | -5M | -262.6K | -375.1K | 441K | 235.5K | 1.5M |
| Pretax income | 10.2M | -4.2M | -1.6M | -2.9M | -2.5M | -7.4M | -4.5M | -6.1M | -6M | -3M | -4.5M | -985.8K |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — |
| Net income | 10.2M | -4.2M | -1.6M | -2.9M | -2.5M | -7.4M | -4.5M | -6.1M | -6M | -3M | -4.5M | -985.8K |
| Net margin | 260.9% | -118.2% | -43.4% | -72.3% | -55.6% | -149.6% | -55.5% | -142.6% | -125.1% | -67.1% | -97.4% | -18.1% |
| EBITDA | -142.6K | -818K | 2.3M | 767.1K | 2.9M | 997.6K | 4.7M | -842.4K | 351.1K | 701.1K | 547.7K | 2.6M |
| EPS | — | -0.35 | -0.15 | -0.26 | — | -6.1 | -3.9 | -4.7 | — | -2.2 | -2.97 | -0.98 |
| Diluted EPS | — | -0.35 | -0.15 | -0.26 | — | -6.1 | -3.9 | -4.7 | — | -2.2 | -2.97 | -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 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Market cap | — | — | — | — | — | — | — | 3.1M |
| Enterprise value | — | — | — | — | — | — | — | 179.4M |
| Shares outstanding | 13.3M | 13.3M | — | 13.3M | 13.3M | 1.3M | 1.5M | 1.5M |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | — | -0.07 |
| P/S | — | — | — | — | — | — | — | 0.16 |
| P/B | — | — | — | — | — | — | — | 0.06 |
| EV/EBITDA | — | — | — | — | — | — | — | 48.6 |
| EV/Sales | — | — | — | — | — | — | — | 9.25 |
| Earnings yield | — | — | — | — | — | — | — | -1.4K% |
| FCF yield | — | — | — | — | — | — | — | -295.1% |
| PEG | — | — | — | — | — | — | — | 0 |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Gross margin | 60.4% | 64.1% | — | 14.3% | 20.3% | 38.1% | 50.9% | 49.9% |
| Operating margin | 47.4% | 39.7% | — | -49.4% | -30.8% | -24.1% | -24.6% | 7.43% |
| Net margin | 24.3% | -134.3% | — | 41.3% | -24.4% | -71.3% | -108.7% | -88.2% |
| ROE | — | -11.4% | — | 4.11% | -3.33% | -10.4% | -25.6% | -15.9% |
| ROA | — | -11.3% | — | 2.34% | -1.73% | -4.82% | -10.2% | -1.88% |
| ROIC | — | 3.68% | — | — | — | — | — | — |
| Return on tangible assets | — | -11.3% | — | 2.34% | -1.73% | -4.82% | -10.2% | -6.06% |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Current ratio | — | 11.8 | — | 4.85 | 4.86 | 2.95 | 1.17 | 0.7 |
| Quick ratio | — | 11.8 | — | 4.85 | 4.86 | 2.95 | 1.17 | 0.92 |
| Debt / equity | — | — | — | 0.67 | 0.86 | 1.1 | 1.45 | 1.71 |
| Debt / assets | — | — | — | 0.38 | 0.45 | 0.51 | 0.57 | 0.61 |
| Net debt / EBITDA | — | — | — | 0.47 | 17.3 | 20.6 | 25.2 | 34.2 |
| Interest coverage | — | — | — | 2.82 | 0.48 | -0.83 | -1.81 | -0.59 |
| Effective tax rate | 0% | 0% | — | — | — | — | — | — |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Revenue per share | 0.89 | 0.66 | — | 0.78 | 1.14 | 11.8 | 15.1 | 10.5 |
| EPS (basic) | 0.22 | -0.88 | — | 0.34 | -0.36 | -9.95 | -18.7 | -18.7 |
| EPS (diluted) | 0.22 | -0.88 | — | 0.34 | -0.36 | -9.95 | -18.7 | -10.4 |
| Book value per share | — | 7.76 | — | 7.83 | 8.34 | 81.2 | 63.8 | 23.5 |
| FCF per share | -1.67 | -0.13 | — | 0.35 | -0.5 | -0.45 | -1.15 | -2.11 |
| Cash per share | — | 0.67 | — | 4.88 | 2.96 | 8.92 | 2.59 | 1.76 |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Payout ratio | 131.5% | -38.6% | — | 66% | -121% | -54.2% | -24.2% | 0% |
| Dividend yield | — | — | — | — | — | — | — | 14.6% |
Split-adjusted payout per share by ex-dividend date.
| Ex-dividend | Amount |
|---|---|
| Mar 31, 2025 | $0.05 |
| Dec 31, 2024 | $0.05 |
| Date | Ratio |
|---|---|
| Aug 5, 2025 | 1:10 |
| Q2 25 |
|---|
| Q3 25 |
|---|
| Q4 25 |
|---|
| Q1 26 |
|---|
| Q2 26 |
|---|
| Q3 26 |
|---|
| Revenue | $3.9M | $3.6M | $3.6M | $4.1M | $4.5M | $5M | $8M | $4.3M | $4.8M | $4.5M | $4.6M | $5.4M |
| YoY change | +52.3% | +16% | -2.63% | -8.74% | +16% | +39.1% | +124.5% | +4.77% | +6.28% | -8.34% | -42.8% | +27.3% |
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 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|
| Cash & short-term investments | 9M | 75.3M | 65M | 39.4M | 11.9M | 3.8M |
| Receivables | 1.1M | — | — | — | — | — |
| Inventory | — | — | — | — | — | — |
| Total current assets | 10M | 9.7M | 27.5M | 19.4M | 14.5M | 6.4M |
| Property, plant & equipment | — | — | — | — | — | — |
| Goodwill & intangibles | — | — | — | — | — | — |
| Total assets | 104.2M | 138.6M | 182.6M | 213.2M | 233.1M | 236M |
| Accounts payable | 135K | 918.4K | 2.9M | 1.4M | 2.4M | 4.6M |
| Short-term debt | — | — | — | — | — | — |
| Total current liabilities | 853.3K | 920.4K | 5.7M | 4M | 4.9M | 5.4M |
| Long-term debt | — | 39.5M | 69.4M | 94.9M | 118.5M | 135.4M |
| Total liabilities | 941K | 41.2M | 78.3M | 102.1M | 125.1M | 142.5M |
| Shareholders' equity | 103.2M | 97.4M | 104.2M | 111M | 107.9M | 93.5M |
| Total debt | — | 39.5M | 69.4M | 94.9M | 118.5M | 135.4M |
| Net debt | — | 34.7M | 62M | 77.7M | 106.6M | 131.6M |
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 | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 | Q3 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 39.4M | 34.2M | 28.7M | 15.5M | 11.9M | 10.7M | 6.1M | 5.1M | 3.8M | 4.9M | 4.3M | 4M |
| Receivables | — | — | — | — | — | — | — | — | — | — | — | — |
| Inventory | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 19.4M | 15.6M | 14.1M | 18.1M | 14.5M | 35.3M | 30.7M | 7.7M | 6.4M | 7.5M | 18.5M | 18.6M |
| Property, plant & equipment | — | — | — | — | — | — | — | — | — | — | — | — |
| Goodwill & intangibles | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | 213.2M | 210.9M | 204.8M | 226.1M | 233.1M | 243.5M | 236.4M | 237.1M | 236M | 241.7M | 238.1M | 239.4M |
| Accounts payable | 1.4M | 1.9M | 1.1M | 2.1M | 2.4M | 4.3M | 5.4M | 4.3M | 4.6M | 5.7M | 3.1M | 4.6M |
| Short-term debt | — | — | — | — | — | — | — | 9.6M | — | — | 13M | 13.8M |
| Total current liabilities | 4M | 4.5M | 3.8M | 4.6M | 4.9M | 7.2M | 7.3M | 15.5M | 5.4M | 6.6M | 17.7M | 20.3M |
| Long-term debt | 94.9M | 97.7M | 96.4M | 110.2M | 118.5M | 132.8M | 129.8M | 121.6M | 135.4M | 142.7M | 132M | 132.2M |
| Total liabilities | 102.1M | 105M | 102.2M | 118.4M | 125.1M | 141.5M | 138.6M | 139.2M | 142.5M | 151M | 152M | 154.2M |
| Shareholders' equity | 111M | 105.9M | 102.6M | 107.7M | 107.9M | 102M | 97.7M | 97.9M | 93.5M | 90.7M | 86M | 85.3M |
| Total debt | 94.9M | 97.7M | 96.4M | 110.2M | 118.5M | 132.8M | 129.8M | 131.2M | 135.4M | 142.7M | 145M | 146M |
| Net debt | 77.7M | 83.7M | 84.2M | 94.7M | 106.6M | 122.2M | 123.7M | 126M | 131.6M | 137.8M | 140.7M | 142.1M |
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 | FY19 | FY20 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|
| Net income | 2.9M | -11.7M | 4.3M | -3.7M | -11.2M | -24M |
| Depreciation & amortization | — | — | 4.5M | 5.3M | 7.2M | 11.4M |
| Stock-based compensation | — | — | — | — | — | 628.1K |
| Change in working capital | 3.1M | 2M | 2.5M | -1.3M | 778.1K | -695.3K |
| Operating cash flow | -25.6M | -15.2M | 11.1M | 668.6K | -2.3M | -1.7M |
| Capital expenditure | — | — | — | — | — | — |
| Investing cash flow | — | — | 8.8M | 12.4M | 8M | -220.9K |
| Dividends paid | -3.8M | -4.5M | -2.8M | -4.5M | -6.1M | -5.8M |
| Share repurchases | -2.4M | -3.2M | -1.4M | -1.6M | -1.5M | -5.6K |
| Financing cash flow | 15.1M | 9.4M | 28.8M | 451K | -3.2M | 11.5M |
| Net change in cash | -10.5M | -5.8M | 48.8M | 13.5M | 2.5M | 9.6M |
| Free cash flow | -22.2M | -1.7M | 4.6M | -6.6M | -595.5K | -1.7M |
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 | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 | Q3 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income | 10.2M | -4.2M | -1.6M | -2.9M | -2.5M | -7.4M | -4.5M | -6.1M | -6M | -3M | -4.5M | -985.8K |
| Depreciation & amortization | 1.5M | 1.6M | 1.6M | 1.9M | 2.1M | 2.3M | 2.2M | 2.6M | 4.3M | 2.2M | 2.7M | 2.1M |
| Stock-based compensation | — | — | — | — | — | — | — | 528.1K | 100K | -37.4K | 0 | 0 |
| Change in working capital | -819.9K | 749.9K | -785.7K | 1.3M | -446.7K | 1.1M | -966.1K | -253.9K | -527.8K | -917.4K | 106.6K | 579.4K |
| Operating cash flow | 11M | -1.8M | -504.2K | 530.3K | -601.1K | -3.8M | -3.3M | -2.5M | -1.6M | -2M | -1.6M | 832.8K |
| Capital expenditure | — | — | — | — | — | — | — | — | — | — | — | — |
| Investing cash flow | 592.7K | -393.5K | 3.9M | 4.4M | 955.1K | 499.7K | 62.1K | 41K | -823.6K | 196.4K | 941.1K | -1.2M |
| Dividends paid | -1.3M | -1.3M | -1.4M | -1.4M | -1.9M | -1.9M | -1.9M | -926K | -1M | -248.7K | -261.3K | -271K |
| Share repurchases | -466.5K | -445K | -482.1K | -520K | -28K | 0 | -5.6K | -3 | -1 | -1.8K | -31 | -45 |
| Financing cash flow | -8.4M | 1.5M | -3.4M | -956.8K | -270.5K | 3.6M | -4M | 7.1M | 4.8M | 7.4M | 3.1M | 838.7K |
| Net change in cash | 3.3M | -704.3K | -34.3K | 3.9M | 83.6K | 231.7K | -7.2M | 4.6M | 2.3M | 5.6M | 2.5M | 499K |
| Free cash flow | -1.7M | 517.1K | -1.1M | 743.3K | -753.1K | 644.4K | 1.9M | -2.6M | -1.6M | -2M | -1.6M | 832.8K |