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 | — | -$10.1 | — | — | $9.9M | — |
| FY24 | — | -$0.73 | — | — | $6.4M | — |
| FY23 | — | -$1.38 | — | — | $1.2M | — |
| FY22 | — | -$0.83 | — | — | $3.3M | — |
| FY21 | — | -$0.7 | — | — | $435K | — |
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 | $435K | $3.3M | $1.2M | $6.4M | $9.9M |
| YoY change | — | +660.7% | -63% | +426.3% | +53.9% |
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 | Q2 25 | Q3 25 | Q4 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 | 435K | 3.3M | 1.2M | 6.4M | 9.9M |
| Cost of revenue | 297K | 2.9M | 1.6M | 3.9M | 4.9M |
| Gross profit | 138K | 457K | -396K | 2.6M | 5M |
| Gross margin | 31.7% | 13.8% | -32.4% | 39.6% | 50.5% |
| Research & development | 7.7M | 12.2M | 11M | 5.8M | 2.4M |
| Selling, general & administrative | 5.7M | 12M | 24.1M | 41.8M | 39.6M |
| Operating expenses | 13.4M | 24.2M | 35.1M | 47.6M | 42M |
| Operating income | -13.3M | -23.7M | -35.5M | -45.1M | -37M |
| Operating margin | -3.1K% | -716.7% | -2.9K% | -699.5% | -373% |
| Non-operating income, net | -8.4M | -83K | -655K | 24.2M | 435K |
| Pretax income | -22M | -24.1M | -39.6M | -22.5M | -46.1M |
| Income tax | -2M | -273K | 67K | -2.4M | 7K |
| Net income | -20M | -23.9M | -39.6M | -20M | -46.1M |
| Net margin | -4.6K% | -721.3% | -3.2K% | -311% | -465.4% |
| EBITDA | -12.6M | -22.3M | -34.3M | -43.3M | -42.3M |
| EPS | -0.7 | -0.83 | -1.38 | -0.73 | -10.1 |
| Diluted EPS | -0.7 | -0.83 | -1.38 | -0.75 | -10.1 |
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 | 433K | 285K | 1.1M | 2.1M | 3M | 3.2M | 2.5M | 2.4M | 1.9M | 1.9M | 970K | 789K |
| Cost of revenue | 432K | 329K | 952K | 1.3M | 1.3M | 1.5M | 1.5M | 1M | 931K | 1.3M | 786K | 687K |
| Gross profit | 1K | -44K | 193K | 731K | 1.7M | 1.7M | 1M | 1.3M | 951K | 581K | 184K | 102K |
| Gross margin | 0.23% | -15.4% | 16.9% | 35.5% | 56.6% | 53.2% | 40.6% | 57.4% | 50.5% | 31% | 19% | 12.9% |
| Research & development | 1.8M | 1.6M | 1.4M | 1.4M | 1.5M | 611K | 719K | 486K | 603K | 442K | 428K | 411K |
| Selling, general & administrative | 2.9M | 15.7M | 7.4M | 8.7M | 10.1M | 15.7M | 8.1M | 8.2M | 7.5M | 9M | 5.8M | 7M |
| Operating expenses | 4.7M | 17.2M | 8.8M | 10.1M | 11.6M | 16.3M | 8.8M | 8.7M | 8.1M | 9.4M | 6.3M | 7.5M |
| Operating income | -4.7M | -17.3M | -8.6M | -9.3M | -9.9M | -14.6M | -7.8M | -7.3M | -7.2M | -8.8M | -6.1M | -7.4M |
| Operating margin | -1.1K% | -6.1K% | -747.8% | -454.2% | -334.6% | -461.7% | -311.7% | -312.6% | -380.7% | -471.1% | -627.9% | -932.1% |
| Non-operating income, net | -127K | 17.8M | 7M | 291K | -932K | -5M | 5.8M | -382K | 11K | 64K | 1.6M | -8.6M |
| Pretax income | -7M | -345K | -1.8M | -9.2M | -11.2M | -19.8M | -2.3M | -8.3M | -15.7M | -10.1M | -5.8M | -16.8M |
| Income tax | 49K | -1.3M | -16K | -1.5M | 372K | -2K | -5K | -2K | 16K | -24K | 3K | 3K |
| Net income | -7.1M | 935K | -1.8M | -7.7M | -11.5M | -19.8M | -2.3M | -8.3M | -15.7M | -10.1M | -5.9M | -16.8M |
| Net margin | -1.6K% | 328.1% | -153.1% | -373.1% | -390.6% | -626% | -91.2% | -352% | -835.8% | -540% | -603.4% | -2.1K% |
| EBITDA | -4.4M | -16.9M | -9.1M | -8.9M | -8.4M | -14.4M | -7M | -6.9M | -13.9M | -9M | -3.9M | -7.5M |
| EPS | — | 0.04 | -0.09 | -0.25 | -0.34 | -0.52 | -0.6 | -1.7 | — | -1.6 | -0.59 | -1.33 |
| Diluted EPS | — | 0.04 | -0.21 | -0.25 | -0.35 | -0.52 | -0.6 | -1.7 | — | -1.6 | -0.59 | -1.33 |
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 | 2.8B | 2.9B | 3.2B | 301.2M | — | 15.5M |
| Enterprise value | 2.8B | 2.9B | 3.2B | 305.9M | — | 20.2M |
| Shares outstanding | 28.6M | 28.6M | 28.6M | 28.4M | 4.5M | 4.5M |
| Metric | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | -0.08 |
| P/S | 6.5K | 872.2 | 2.6K | 46.8 | — | 2.77 |
| P/B | -44.8K | -306.4 | -595 | 54.5 | — | 2.31 |
| EV/EBITDA | -224.6 | -129.4 | -93 | -7.06 | — | -0.73 |
| EV/Sales | 6.5K | 874 | 2.6K | 47.5 | — | 3.66 |
| Earnings yield | — | — | — | — | — | -1.2K% |
| FCF yield | -0.44% | -0.57% | -0.46% | -6.12% | — | -7.91% |
| PEG | — | — | — | — | — | 0 |
| Metric | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|
| Gross margin | 31.7% | 13.8% | -32.4% | 39.6% | 50.5% | 12.9% |
| Operating margin | -3.1K% | -716.7% | -2.9K% | -699.5% | -373% | -932.1% |
| Net margin | -4.6K% | -721.3% | -3.2K% | -311% | -465.4% | 50.5% |
| ROE | 31.7K% | 253.4% | 741.8% | -362.3% | 13.7K% | -1.1K% |
| ROA | -105.9% | -154.1% | -211.3% | -51.3% | -124.3% | -53% |
| ROIC | -568.9% | 719.5% | -1.3K% | -444.4% | -1.3K% | -293.9% |
| Return on tangible assets | 364.4% | 331.2% | 1.8K% | 85.4% | 209.1% | 222% |
| Metric | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|
| Current ratio | 0.22 | 0.09 | 0.04 | 0.2 | 0.24 | 0.27 |
| Quick ratio | 0.21 | 0.06 | 0.03 | 0.14 | 0.19 | 0.21 |
| Debt / equity | -54.2 | -0.67 | -1.53 | 0.88 | -19.5 | 0.72 |
| Debt / assets | 0.18 | 0.41 | 0.44 | 0.12 | 0.18 | 0.17 |
| Net debt / EBITDA | -0.19 | -0.27 | -0.24 | -0.11 | -0.08 | -0.11 |
| Interest coverage | -90.9 | -69.4 | -10.8 | -13.2 | -18.8 | -8.84 |
| Effective tax rate | 0% | 0% | 0% | 0% | 0% | 0% |
| Metric | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|
| Revenue per share | 0.02 | 0.12 | 0.04 | 0.23 | 2.18 | 0.64 |
| EPS (basic) | -0.7 | -0.83 | -1.38 | -0.73 | -10.1 | -10.1 |
| EPS (diluted) | -0.7 | -0.83 | -1.38 | -0.75 | -10.1 | -6.33 |
| Book value per share | -0 | -0.33 | -0.19 | 0.19 | -0.07 | 0.37 |
| FCF per share | -0.43 | -0.58 | -0.51 | -0.65 | -2.23 | -1.52 |
| Cash per share | 0.04 | 0.01 | 0 | 0.01 | 0.72 | 0.13 |
| Capex per share | 0.05 | 0.01 | 0 | 0 | — | — |
| Metric | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|
| Capex / revenue | 332.6% | 7.37% | 0% | 0.68% | — | — |
| Capex / operating cash flow | -12.7% | -1.36% | 0% | -0.19% | — | — |
| Payout ratio | — | — | — | — | — | 0% |
| Q1 26 |
|---|
| Q2 26 |
|---|
| Q3 26 |
|---|
| Revenue | $433K | $285K | $1.1M | $2.1M | $3M | $3.2M | $2.5M | $2.4M | $1.9M | $1.9M | $970K | $789K |
| YoY change | — | -58% | +3.5K% | +2.5K% | +582.2% | +1K% | +119.3% | +14.2% | -36.3% | -40.8% | -61.4% | -66.4% |
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 | 1M | 178K | 89K | 266K | 3.3M |
| Receivables | 400K | 444K | 53K | 2.8M | 1.4M |
| Inventory | 232K | 570K | 319K | 1.7M | 1.4M |
| Total current assets | 3.6M | 2M | 830K | 5.3M | 6.7M |
| Property, plant & equipment | 2.9M | 1.8M | 2.9M | 2.2M | 698K |
| Goodwill & intangibles | 24.4M | 22.7M | 21M | 62.6M | 59.2M |
| Total assets | 18.9M | 15.5M | 18.7M | 39.1M | 37.1M |
| Accounts payable | 3.1M | 5.1M | 9M | 10.8M | 9M |
| Short-term debt | 3.4M | 5.7M | 6.9M | 2.6M | 5.4M |
| Total current liabilities | 16.4M | 22M | 20.4M | 26.1M | 27.8M |
| Long-term debt | — | 625K | 1.3M | 2.3M | 1.2M |
| Total liabilities | 18.9M | 24.9M | 24.1M | 33.6M | 37.4M |
| Shareholders' equity | -63K | -9.4M | -5.3M | 5.5M | -336K |
| Total debt | 3.4M | 6.3M | 8.2M | 4.9M | 6.6M |
| Net debt | 2.4M | 6.1M | 8.1M | 4.6M | 3.3M |
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 | 89K | — | — | — | — | — | — | — | 3.3M | 268K | 2.6M | 2.1M |
| Receivables | 53K | — | — | — | — | — | — | — | 1.4M | 1M | 724K | 760K |
| Inventory | 319K | — | — | — | — | — | — | — | 1.4M | 1.2M | 1.3M | 1.5M |
| Total current assets | 830K | — | — | — | — | — | — | — | 6.7M | 2.9M | 5.5M | 6M |
| Property, plant & equipment | 2.9M | — | — | — | — | — | — | — | 698K | 557K | 469K | 367K |
| Goodwill & intangibles | 21M | — | — | — | — | — | — | — | 59.2M | 58.4M | 57.6M | 56.8M |
| Total assets | 18.7M | — | — | — | — | — | — | — | 37.1M | 32.7M | 34.9M | 34.9M |
| Accounts payable | 9M | — | — | — | — | — | — | — | 9M | 7.9M | 6.2M | 5M |
| Short-term debt | 6.9M | — | — | — | — | — | — | — | 5.4M | 4.6M | 5.6M | 5.9M |
| Total current liabilities | 20.4M | — | — | — | — | — | — | — | 27.8M | 25.2M | 24M | 22.1M |
| Long-term debt | 1.3M | — | — | — | — | — | — | — | 1.2M | 2M | 1M | 3K |
| Total liabilities | 24.1M | — | — | — | — | — | — | — | 37.4M | 28.1M | 26M | 28.7M |
| Shareholders' equity | -5.3M | — | — | — | — | — | — | — | -336K | 4.7M | 8.8M | 6.2M |
| Total debt | 8.2M | — | — | — | — | — | — | — | 6.6M | 6.5M | 6.7M | 5.9M |
| Net debt | 8.1M | — | — | — | — | — | — | — | 3.3M | 6.3M | 4.1M | 3.8M |
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 | -20M | -23.9M | -39.6M | -20M | -46.1M |
| Depreciation & amortization | 728K | 1.4M | 1.3M | 2M | 2.1M |
| Stock-based compensation | 307K | 3.3M | 15.5M | 21.4M | 25.6M |
| Change in working capital | 1.1M | 1.4M | 2M | 2.1M | 437K |
| Operating cash flow | -11.4M | -18M | -20.9M | -23.5M | -10.1M |
| Capital expenditure | -1.4M | 244K | 0 | -44K | — |
| Investing cash flow | -1.4M | 244K | -633K | -1.1M | 0 |
| Dividends paid | — | — | — | — | — |
| Share repurchases | — | — | — | — | — |
| Financing cash flow | 11.3M | 12.6M | 14.3M | 15.9M | 7M |
| Net change in cash | -1.5M | -5.2M | -7.3M | -8.8M | -3.1M |
| Free cash flow | -12.4M | -16.5M | -14.6M | -18.4M | -10.1M |
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 | 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 | -7.1M | 935K | -1.8M | -7.7M | -11.5M | -19.8M | -2.3M | -8.3M | -15.7M | -10.1M | -5.9M | -16.8M |
| Depreciation & amortization | 322K | 350K | 516K | 608K | 541K | 594K | 530K | 467K | 467K | 455K | 424K | 445K |
| Stock-based compensation | 1.1M | 12.7M | 1.4M | 3.6M | 3.6M | 9.8M | 3.4M | 7.1M | 5.4M | 5.1M | 2.5M | 2.3M |
| Change in working capital | 1.6M | 713K | 735K | 1.1M | -610K | 1.5M | 2.4M | -1.7M | -1.7M | -270K | -1.2M | -764K |
| Operating cash flow | -4.9M | -3.7M | -8M | -4.6M | -8M | -5.5M | 1.5M | -4.1M | -4.5M | -4.8M | -4.3M | -5.7M |
| Capital expenditure | 608K | -5K | -35K | -4K | 0 | 0 | -16K | — | — | — | — | — |
| Investing cash flow | -25K | -115K | -1M | 42K | 0 | 0 | -16K | 0 | 0 | — | — | — |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | 1.6M | 18.3M | -4.5M | 146K | 94K | 1.1M | 963K | 3.5M | 1.5M | 1.7M | 6.5M | 3.3M |
| Net change in cash | -3.4M | 14.5M | -13.5M | -4.4M | -7.9M | -4.4M | 2.4M | -570K | -3.1M | -3.1M | 2.3M | -2.4M |
| Free cash flow | -952K | -3.6M | -8.1M | -3.1M | -3.6M | -930K | -602K | -4.1M | -4.5M | -4.8M | -4.3M | -5.7M |