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 26 | -$1.2 | -$1.09 | +9.2% | — | $1.7M | — |
| Q1 26 | -$1.6 | -$1.15 | +28.1% | — | $1.6M | — |
| Q3 25 | -$3.6 | -$1.72 | +52.2% | — | $1.6M | — |
| Q2 25 | -$4 | -$3.46 | +13.5% | — | $1.4M | — |
| Q1 25 | — | -$5.67 | — | — | $1.2M | — |
| Q4 24 | — | -$1.6 | — | — | $1.4M | — |
| Q3 24 | -$0.8 | -$8.44 | -955.0% | — | $1.6M | — |
| Q2 24 | -$3.2 | -$17.2 | -438.7% | — | $2.1M | — |
| Q1 24 | -$2 | -$8.69 | -334.5% | — | $2.3M | — |
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 | — | -$12.4 | — | — | $5.6M | — |
| FY24 | — | -$1.07 | — | — | $7.4M | — |
| FY23 | — | -$3.56 | — | — | $5.4M | — |
| FY22 | — | -$1.11 | — | — | $7.3M | — |
| FY21 | — | $0.19 | — | — |
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 | $28.8M | $7.3M | $5.4M | $7.4M | $5.6M |
| YoY change | — | -74.8% | -25.3% | +36.3% | -25% |
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 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 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 | 28.8M | 7.3M | 5.4M | 7.4M | 5.6M |
| Cost of revenue | 10.3M | 5M | 4M | 2.6M | 2.6M |
| Gross profit | 18.5M | 2.3M | 1.4M | 4.8M | 2.9M |
| Gross margin | 64.3% | 31.7% | 26.6% | 65.1% | 52.5% |
| Research & development | — | — | — | — | — |
| Selling, general & administrative | 14.1M | 13.6M | 22.1M | 19M | 13.1M |
| Operating expenses | 14.1M | 13.8M | 22.1M | 20M | 13.1M |
| Operating income | 4.1M | -12M | -19.1M | -16.3M | -11.5M |
| Operating margin | 14.1% | -165.4% | -352.3% | -220% | -207.8% |
| Non-operating income, net | -320K | 48K | 1.2M | -4.1M | -289K |
| Pretax income | 3.4M | -12.1M | -22.1M | -22M | -11.7M |
| Income tax | 1.1M | 1.2M | 208K | -465K | -32K |
| Net income | 2.3M | -13.3M | -22.3M | -21.5M | -11.7M |
| Net margin | 8.04% | -182.9% | -410.1% | -290.4% | -211% |
| EBITDA | 4.1M | -11.4M | -22.3M | -17.7M | -9.8M |
| EPS | 0.19 | -1.11 | -3.56 | -1.07 | -12.4 |
| Diluted EPS | 0.19 | -1.11 | -3.56 | -1.07 | -12.4 |
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 | 1.5M | 1.6M | 2.3M | 2.1M | 1.6M | 1.4M | 1.2M | 1.4M | 1.6M | 1.4M | 1.6M | 1.7M |
| Cost of revenue | 452K | 1.1M | 1.4M | 538K | 533K | 342K | 476K | 1.1M | 566K | 512K | 700K | 919K |
| Gross profit | 1M | 490K | 871K | 1.6M | 1.1M | 1.1M | 694K | 335K | 1M | 876K | 914K | 776K |
| Gross margin | 69.8% | 30.4% | 38.3% | 74.7% | 66.7% | 75.6% | 59.3% | 23.6% | 64% | 63.1% | 56.6% | 45.8% |
| Research & development | — | — | — | — | — | — | — | — | — | — | — | — |
| Selling, general & administrative | 2.9M | 13.3M | 3.2M | 6.1M | 6.1M | 3.6M | 5M | 3.3M | 2.4M | 2.4M | 3.2M | 3M |
| Operating expenses | 2.9M | 13.3M | 3.2M | 6.1M | 7.1M | 3.6M | 5M | 3.3M | 2.4M | 2.4M | 3.2M | 3M |
| Operating income | -2.1M | -13.1M | -2.6M | -4.8M | -6.3M | -2.8M | -4.6M | -3.3M | -1.7M | -1.9M | -2.6M | -2.6M |
| Operating margin | -141% | -810.6% | -112.7% | -228.1% | -392.9% | -201% | -395.9% | -234.5% | -108.2% | -134.8% | -161.6% | -153.6% |
| Non-operating income, net | 267K | 493K | -446K | -969K | -2.3M | -113K | 200K | 4K | 10K | -503K | 16K | -12K |
| Pretax income | -1.9M | -16.6M | -3.9M | -6.4M | -8.6M | -3.1M | -4.4M | -3.3M | -1.7M | -2.3M | -2.4M | -2.5M |
| Income tax | -8K | 217K | 31K | 12K | -395K | -114K | 8K | 10K | -11K | -39K | 33K | -14K |
| Net income | -1.9M | -16.8M | -3.9M | -6.4M | -8.2M | -3M | -4.4M | -3.3M | -1.7M | -2.3M | -2.5M | -2.5M |
| Net margin | -125.1% | -1K% | -172.4% | -300.8% | -511.5% | -213.2% | -379.1% | -234.1% | -106.5% | -164.1% | -153.1% | -145.1% |
| EBITDA | -1.6M | -16.9M | -3.6M | -6M | -5.9M | -2.4M | -4.4M | -3M | -1.4M | -1M | -2.3M | -2.2M |
| EPS | -0.16 | — | -0.33 | -0.47 | -0.34 | — | -5.6 | -4 | -2 | — | -1.23 | -1.19 |
| Diluted EPS | -0.16 | — | -0.33 | -0.47 | -0.34 | — | -5.6 | -4 | -2 | — | -1.23 | -1.19 |
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 | 4.7B | 4.9B | — | — | — | 10.4M |
| Enterprise value | 4.7B | 4.9B | — | — | — | -10.4M |
| Shares outstanding | 12M | 12M | 6.3M | 20.1M | 933.7K | 933.7K |
| Metric | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|
| P/E | 2K | — | — | — | — | -0.4 |
| P/S | 163 | 671.5 | — | — | — | 1.7 |
| P/B | 1.1K | -594.6 | — | — | — | 0.37 |
| EV/EBITDA | 1.2K | -429.6 | — | — | — | 1.31 |
| EV/Sales | 163.5 | 674.3 | — | — | — | -1.65 |
| Earnings yield | 0.05% | — | — | — | — | -252% |
| FCF yield | 0.06% | -0.1% | — | — | — | -70.5% |
| PEG | — | — | — | — | — | 0.01 |
| Metric | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|
| Gross margin | 64.3% | 31.7% | 26.6% | 65.1% | 52.5% | 45.8% |
| Operating margin | 14.1% | -165.4% | -352.3% | -220% | -207.8% | -153.6% |
| Net margin | 8.04% | -182.9% | -410.1% | -290.4% | -211% | -141.7% |
| ROE | 52.1% | 161.9% | 8.3K% | -174.9% | -36.6% | -46.5% |
| ROA | 9.36% | -76.1% | -136% | -138.9% | -33% | -24.2% |
| ROIC | 14.1% | -102.2% | -329.5% | -197.7% | -150.4% | -117.4% |
| Return on tangible assets | 9.36% | -76.1% | -136% | -138.9% | -33% | -26.6% |
| Metric | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|
| Current ratio | 11.8 | 2.13 | 1.16 | 3.49 | 11.7 | 7.19 |
| Quick ratio | 5.81 | 0.76 | 0.52 | 2.1 | 10.1 | 6.37 |
| Debt / equity | 4.14 | -2.51 | -27 | 0.03 | — | 0 |
| Debt / assets | 0.74 | 1.18 | 0.44 | 0.02 | — | — |
| Net debt / EBITDA | 3.69 | -1.75 | -0.27 | 0.23 | — | 2.66 |
| Interest coverage | 11.9 | -104.1 | -233.7 | -347.6 | — | — |
| Effective tax rate | 32.6% | 0% | 0% | 0% | 0% | 0% |
| Metric | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|
| Revenue per share | 2.41 | 0.61 | 0.87 | 0.37 | 5.95 | 4.07 |
| EPS (basic) | 0.19 | -1.11 | -3.56 | -1.07 | -12.4 | -12.4 |
| EPS (diluted) | 0.19 | -1.11 | -3.56 | -1.07 | -12.4 | -5.44 |
| Book value per share | 0.37 | -0.69 | -0.04 | 0.61 | 34.3 | 12.9 |
| FCF per share | 0.25 | -0.4 | -0.97 | -0.91 | -10.3 | -4.44 |
| Cash per share | 0.28 | 0.05 | 0.18 | 0.22 | 26.1 | 9.52 |
| Capex per share | — | 0 | 0 | 0 | 1.75 | 0.52 |
| Metric | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|
| Capex / revenue | — | 0% | 0.55% | 0% | 29.4% | 17.1% |
| Capex / operating cash flow | — | 0% | -1.26% | 0% | -20.3% | -13.2% |
| Payout ratio | 2.29% | 0% | — | — | — | 0% |
| Dividend yield | 0% | 0% | — | — | — | — |
| $28.8M |
| — |
| Q4 25 |
|---|
| Q1 26 |
|---|
| Q2 26 |
|---|
| Revenue | $1.5M | $1.6M | $2.3M | $2.1M | $1.6M | $1.4M | $1.2M | $1.4M | $1.6M | $1.4M | $1.6M | $1.7M |
| YoY change | — | -20.1% | +132.1% | +58.9% | +6.87% | -13.3% | -48.6% | -33.2% | -1.75% | -0.86% | +37.9% | +19.5% |
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 | 3.4M | 654K | 1.2M | 4.4M | 24.4M |
| Receivables | 1.5M | 1.5M | 2.4M | 838K | 1.7M |
| Inventory | 11.3M | 9.6M | 6.9M | 4.2M | 4M |
| Total current assets | 22.2M | 14.9M | 12.5M | 10.5M | 30.9M |
| Property, plant & equipment | 1.3M | 2.5M | 3.2M | 4.1M | 4.1M |
| Goodwill & intangibles | — | — | — | — | — |
| Total assets | 24.7M | 17.5M | 16.4M | 15.5M | 35.5M |
| Accounts payable | 899K | 1.4M | 2.6M | 825K | 291K |
| Short-term debt | — | 2.1M | 1.5M | 310K | — |
| Total current liabilities | 1.9M | 7M | 10.8M | 3M | 2.6M |
| Long-term debt | 18.4M | 18.6M | 5.7M | — | — |
| Total liabilities | 20.3M | 25.7M | 16.6M | 3.2M | 3.4M |
| Shareholders' equity | 4.4M | -8.2M | -268K | 12.3M | 32M |
| Total debt | 18.4M | 20.6M | 7.2M | 310K | — |
| Net debt | 15M | 20M | 6.1M | -4M | — |
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 | 513K | 1.2M | 491K | 234K | 8.6M | 4.4M | 4.7M | 3.2M | 1.1M | 24.4M | 22.6M | 21M |
| Receivables | 372K | 2.4M | 677K | 1M | 785K | 838K | 848K | 891K | 760K | 1.7M | 1.2M | 3.6M |
| Inventory | 6.6M | 6.9M | 5.6M | 6.3M | 4.3M | 4.2M | 4.6M | 4.4M | 4.3M | 4M | 3.8M | 3.3M |
| Total current assets | 13.7M | 12.5M | 9.1M | 9M | 14.3M | 10.5M | 11.2M | 9.4M | 6.8M | 30.9M | 28.4M | 29.1M |
| Property, plant & equipment | 3.2M | 3.2M | 3.4M | 3.6M | 3.6M | 4.1M | 4.3M | 4.5M | 4.3M | 4.1M | 3.9M | 3.8M |
| Goodwill & intangibles | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | 18.6M | 16.4M | 14.1M | 16.4M | 18.9M | 15.5M | 16.4M | 14.6M | 11.9M | 35.5M | 32.8M | 33.3M |
| Accounts payable | 2.6M | 2.6M | 4.2M | 1.1M | 764K | 825K | 1.4M | 1.3M | 727K | 291K | 429K | 258K |
| Short-term debt | 4.2M | 1.5M | 710K | 699K | 145K | 310K | 99K | 60K | 28K | — | — | — |
| Total current liabilities | 13.2M | 10.8M | 10.8M | 14.6M | 3.1M | 3M | 3.3M | 4.7M | 3.4M | 2.6M | 2.2M | 4M |
| Long-term debt | — | 5.7M | 1.7M | — | 28K | — | — | — | — | — | — | — |
| Total liabilities | 13.4M | 16.6M | 12.8M | 14.9M | 3.3M | 3.2M | 3.5M | 4.9M | 3.6M | 3.4M | 3.1M | 4.9M |
| Shareholders' equity | 5.1M | -268K | 1.4M | 1.6M | 15.6M | 12.3M | 12.9M | 9.8M | 8.3M | 32M | 29.7M | 28.5M |
| Total debt | 4.2M | 7.2M | 2.4M | 699K | 173K | 310K | 99K | 60K | 28K | — | — | — |
| Net debt | 3.6M | 6.1M | 1.9M | 465K | -8.5M | -4M | -4.6M | -3.1M | -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 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Net income | 2.3M | -13.3M | -22.3M | -21.5M | -11.7M |
| Depreciation & amortization | 318K | 561K | 872K | 1.1M | 1.3M |
| Stock-based compensation | 972K | 644K | 14.1M | 3.4M | 1.7M |
| Change in working capital | 4.9M | 3.6M | 972K | -1.1M | 338K |
| Operating cash flow | 8M | -5.7M | -2.4M | -14.9M | -8M |
| Capital expenditure | — | 0 | 30K | 0 | -1.6M |
| Investing cash flow | — | 0 | 30K | 0 | -1.6M |
| Dividends paid | -53K | 0 | — | — | — |
| Share repurchases | — | — | — | — | — |
| Financing cash flow | -6M | 650K | 5.6M | 20.4M | 29.4M |
| Net change in cash | 1.9M | -5.1M | 3.3M | 5.5M | 19.8M |
| Free cash flow | 3M | -4.8M | -6.1M | -18.2M | -9.7M |
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 | -1.9M | -16.8M | -3.9M | -6.4M | -8.2M | -3M | -4.4M | -3.3M | -1.7M | -2.3M | -2.5M | -2.5M |
| Depreciation & amortization | 223K | 248K | 273K | 298K | 307K | 262K | 280K | 330K | 342K | 347K | 352K | 360K |
| Stock-based compensation | 89K | 13.8M | 0 | 3.3M | 29K | 27K | 907K | 423K | 205K | 130K | 182K | 187K |
| Change in working capital | -1.2M | 2M | 2.5M | -3.4M | 929K | -1.1M | -362K | 2.2M | -448K | -1.1M | 377K | -409K |
| Operating cash flow | -2.8M | 3M | -233K | -5.2M | -6.9M | -2.6M | -3.6M | -804K | -1.8M | -2.2M | -1.7M | -2.4M |
| Capital expenditure | 0 | 0 | 0 | 0 | 0 | 0 | 15K | -494K | -339K | -363K | -121K | -251K |
| Investing cash flow | 0 | 0 | 0 | 0 | 0 | 0 | 15K | -494K | -339K | -363K | -121K | -251K |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | 900K | 727K | -1.2M | 116K | 20.9M | 57K | 3.8M | -266K | -36K | 25.9M | -24K | 1M |
| Net change in cash | -1.9M | 3.8M | -1.4M | -5M | 14M | -2.6M | 258K | -1.6M | -2.2M | 23.3M | -1.8M | -1.6M |
| Free cash flow | -1.6M | -3.1M | -79K | -844K | -13.2M | -4.1M | -3.6M | -1.3M | -2.1M | -2.6M | -1.8M | -2.6M |