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 25 | -$1.29 | -$2.34 | -81.4% | — | — | — |
| Q1 25 | -$0.62 | -$5.1 | -722.6% | — | — | — |
| Q4 24 | -$3.5 | -$4.9 | -40.0% | — | — | — |
| Q3 24 | $0.04 | -$0.19 | -575.0% | — | — | — |
| Q2 24 | $0.01 | $0.04 | +300.0% | — | — | — |
| Q1 24 | $0.09 | -$0.07 | -177.8% | — | $1.5M | — |
| Q2 23 | — | $0.04 | — | — | $1.8M | — |
| Q1 23 | — | $0.02 | — | — | $1.3M | — |
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 | — | -$20.4 | — | — | $869.5K | — |
| FY24 | — | -$28.7 | — | — | $5M | — |
| FY23 | — | $44.1 | — | — | $8.5M | — |
| FY22 | — | $91.7 | — | — | $5.5M | — |
| FY21 | — |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $111.2K | $1M | $1.8M | $4.7M | $5.5M | $8.5M | $5M | $869.5K |
| YoY change | — | +811.8% | +73% | +169.2% | +16.1% | +55% | -41.7% | -82.4% |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 111.2K | 1M | 1.8M | 4.7M | 5.5M | 8.5M | 5M | 869.5K |
| Cost of revenue | 23.9K | 25.2K | 11.1K | 759.2K | 110.1K | 85K | 108.1K | 40.3K |
| Gross profit | 87.3K | 988.4K | 1.7M | 4M | 5.4M | 8.4M | 4.8M | 829.1K |
| Gross margin | 78.5% | 97.5% | 99.4% | 83.9% | 98% | 99% | 97.8% | 95.4% |
| Research & development | — | — | — | — | — | — | — | — |
| Selling, general & administrative | 279.3K | 357.2K | 595.2K | 4.4M | 6.4M | 6.1M | 8.3M | 9.2M |
| Operating expenses | 279.3K | 364K | 595.2K | 4.4M | 6.4M | 6.1M | 8.3M | 9.2M |
| Operating income | -192.1K | 624.4K | 1.1M | -401.5K | -1M | 2.2M | -3.5M | -8.4M |
| Operating margin | -172.8% | 61.6% | 65.4% | -8.5% | -18.8% | 25.6% | -71.4% | -961.1% |
| Non-operating income, net | 392.7K | -18.4K | -703.5K | 2.6M | 5.2M | 1.7M | -3.7M | -19.9M |
| Pretax income | 131.1K | 586.6K | 424.9K | 2.1M | 4M | 3.8M | -7.3M | -28.3M |
| Income tax | 0 | 3.7K | -180K | 613K | 544K | 854K | -2.3M | 0 |
| Net income | 131.1K | 582.9K | 604.9K | 1.5M | 3.5M | 3M | -5M | -28.3M |
| Net margin | 118% | 57.5% | 34.5% | 31.1% | 63.9% | 34.8% | -100.7% | -3.3K% |
| EBITDA | -185.2K | 629K | 1.2M | -401.5K | -1M | 2.3M | -3.4M | -8.3M |
| EPS | 28.8 | 110 | 105 | 82.6 | 91.7 | 44.1 | -28.7 | -20.4 |
| Diluted EPS | 28.8 | 110 | 105 | 62.3 | 88.9 | 44.1 | -28.7 | -20.4 |
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 | 3.1M | 1.5M | — | — | — | — | — | — | 404K | 190.1K | 51.1K | 94.3K |
| Cost of revenue | 23.4K | 18.1K | — | — | — | — | — | — | 3.2K | 7.4K | 1.9K | 1.8K |
| Gross profit | 3.1M | 1.5M | — | — | — | — | — | — | 400.8K | 182.6K | 49.2K | 92.5K |
| Gross margin | 99.2% | 98.8% | — | — | — | — | — | — | 99.2% | 96.1% | 96.3% | 98.1% |
| Research & development | — | — | — | — | — | — | — | — | — | — | — | — |
| Selling, general & administrative | 1.7M | 2.3M | — | — | — | — | — | — | 2.3M | 3.5M | 2.2M | 2.3M |
| Operating expenses | 1.7M | 2.3M | — | — | — | — | — | — | 2.3M | 3.5M | 2.2M | 2.3M |
| Operating income | 1.3M | -777.4K | — | — | — | — | — | — | -1.9M | -3.3M | -2.1M | -2.2M |
| Operating margin | 42.7% | -51.1% | — | — | — | — | — | — | -478.1% | -1.7K% | -4.2K% | -2.4K% |
| Non-operating income, net | 51.6K | — | — | — | — | — | — | — | -18.6M | 44.9K | — | 439.2K |
| Pretax income | 1.4M | -790.7K | 13.3K | -3.9M | -2.6M | -2.5M | -2.2M | -3M | -20.5M | -3.6M | -2.1M | -1.8M |
| Income tax | 355K | -299K | — | — | — | — | — | — | 0 | 0 | 0 | 0 |
| Net income | 1M | -491.7K | — | — | — | — | — | — | -20.5M | -3.6M | -2.1M | -1.8M |
| Net margin | 32.5% | -32.3% | — | — | — | — | — | — | -5.1K% | -1.9K% | -4.2K% | -1.9K% |
| EBITDA | 1.4M | -749K | — | — | — | — | — | — | -1.9M | -3.3M | -2.1M | -2.2M |
| EPS | — | -4.61 | 2.52 | -13.3 | — | -5.11 | -2.34 | -1.57 | — | -1.27 | -0.44 | -0.32 |
| Diluted EPS | — | -4.61 | 2.52 | -13.3 | — | -5.11 | -2.34 | -1.57 | — | -1.27 | -0.44 | -0.32 |
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 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| Market cap | — | — | — | — | — | — | — | — | 8.5M |
| Enterprise value | — | — | — | — | — | — | — | — | 12.4M |
| Shares outstanding | 4.6K | 5.3K | 5.7K | 17.9K | 38.1K | 66.8K | 172.9K | 1.4M | 1.4M |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | — | — | 0.22 |
| P/S | — | — | — | — | — | — | — | — | 14.4 |
| P/B | — | — | — | — | — | — | — | — | 0.43 |
| EV/EBITDA | — | — | — | — | — | — | — | — | -1.3 |
| EV/Sales | — | — | — | — | — | — | — | — | 16.7 |
| Earnings yield | — | — | — | — | — | — | — | — | 445.5% |
| FCF yield | — | — | — | — | — | — | — | — | -66.8% |
| PEG | — | — | — | — | — | — | — | — | -0 |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| Gross margin | 78.5% | 97.5% | 99.4% | 83.9% | 98% | 99% | 97.8% | 95.4% | 98.1% |
| Operating margin | -172.8% | 61.6% | 65.4% | -8.5% | -18.8% | 25.6% | -71.4% | -961.1% | -2.4K% |
| Net margin | 118% | 57.5% | 34.5% | 31.1% | 63.9% | 34.8% | -100.7% | -3.3K% | 95.4% |
| ROE | -8.84% | -67.4% | 89.1% | 10.4% | 13.9% | 8.17% | -13.1% | -189.9% | -99.5% |
| ROA | 133.3% | 81% | 27.3% | 5.71% | 11% | 7.07% | -12% | -135.4% | -18.2% |
| ROIC | 55% | 265.2% | 66.5% | -1.66% | -3.09% | 4.4% | -8.95% | -48.3% | -41.1% |
| Return on tangible assets | 133.3% | 81% | 27.3% | -37.8% | 509.9% | 29.3% | -41.2% | 333.2% | 229.8% |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| Current ratio | 0.07 | 0.11 | 0.31 | 0.49 | 0.48 | 0.49 | 0.33 | 0.07 | 0.26 |
| Quick ratio | 0.07 | 0.11 | 0.31 | 0.49 | 0.48 | 0.49 | 0.33 | 0.07 | 0.26 |
| Debt / equity | -0.77 | -1.29 | 1.56 | 0.38 | 0.16 | 0.08 | 0.06 | 0.18 | 0.11 |
| Debt / assets | 11.5 | 1.55 | 0.48 | 0.21 | 0.13 | 0.07 | 0.06 | 0.13 | 0.09 |
| Net debt / EBITDA | -6.13 | 1.75 | 0.9 | -7.11 | -3.65 | 0.95 | -0.45 | -0.29 | -0.18 |
| Interest coverage | 2.89 | 31.2 | 23.5 | 24.8 | 33 | 41.6 | -158.3 | -585.8 | -62 |
| Effective tax rate | 0% | 0.64% | 0% | 29.4% | 13.4% | 22.4% | 0% | 0% | 0% |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| Revenue per share | 24.4 | 191.3 | 305.2 | 264.4 | 143.9 | 127.1 | 28.6 | 0.63 | 0.19 |
| EPS (basic) | 28.8 | 110 | 105 | 82.6 | 91.7 | 44.1 | -28.7 | -20.4 | -20.4 |
| EPS (diluted) | 28.8 | 110 | 105 | 62.3 | 88.9 | 44.1 | -28.7 | -20.4 | -15.2 |
| Book value per share | -325.9 | -163.3 | 118.2 | 794 | 662.6 | 541.1 | 219.4 | 10.7 | 3.15 |
| FCF per share | -11 | 5.77 | -0.63 | -182.1 | -78.9 | -69.1 | -28.2 | -3.85 | -1.51 |
| Cash per share | 0.36 | 3.61 | 1.95 | 138.5 | 12.4 | 8.52 | 4.99 | 0.21 | 0.09 |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| Payout ratio | — | — | — | — | — | — | — | — | 0% |
| $82.6 |
| — |
| — |
| $4.7M |
| — |
| FY20 | — | $105 | — | — | $1.8M | — |
| FY19 | — | $110 | — | — | $1M | — |
| FY18 | — | $28.8 | — | — | $111.2K | — |
| 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 | $3.1M | $1.5M | — | — | — | — | — | — | $404K | $190.1K | $51.1K | $94.3K |
| YoY change | +68.8% | +13.4% | — | — | — | — | — | — | — | — | — | — |
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 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 1.7K | 19.1K | 11.2K | 2.5M | 473.9K | 569.4K | 863.2K | 289.4K |
| Receivables | 6.8K | 6K | 0 | 1.4M | 2.4M | 1.4M | 134.8K | 78.6K |
| Inventory | — | — | — | — | — | — | — | — |
| Total current assets | 43.4K | 65.8K | 476.8K | 4.5M | 2.9M | 2.5M | 1M | 399.6K |
| Property, plant & equipment | — | — | — | — | — | — | — | — |
| Goodwill & intangibles | — | — | — | 29.6M | 31.1M | 31.8M | 29.5M | 29.4M |
| Total assets | 98.4K | 719.4K | 2.2M | 25.7M | 31.8M | 41.8M | 41.6M | 20.9M |
| Accounts payable | 295.7K | 295.4K | 295.4K | 4.2M | 914.6K | 653.5K | 793.3K | 2.9M |
| Short-term debt | 136.4K | 118.3K | 1.1M | 2.9M | 3.6M | 2.3M | 1.9M | 2.2M |
| Total current liabilities | 582.4K | 584.7K | 1.5M | 9.2M | 6M | 5.2M | 3.1M | 5.5M |
| Long-term debt | 1M | 1M | — | 2.4M | 495.1K | 500K | 500K | 500K |
| Total liabilities | 1.6M | 1.6M | 1.5M | 11.5M | 6.5M | 5.7M | 3.6M | 6M |
| Shareholders' equity | -1.5M | -865.3K | 679.2K | 14.2M | 25.2M | 36.2M | 37.9M | 14.9M |
| Total debt | 1.1M | 1.1M | 1.1M | 5.3M | 4.1M | 2.8M | 2.4M | 2.7M |
| Net debt | 1.1M | 1.1M | 1M | 2.9M | 3.7M | 2.2M | 1.6M | 2.4M |
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 | 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 | 569.4K | 1M | 528.8K | 2.2M | 863.2K | 855.2K | 1.3M | 614.3K | 289.4K | 4.6M | 1.7M | 715.4K |
| Receivables | 1.4M | 1.4M | 2.9M | 3.7M | 134.8K | 0 | 17.2K | 0 | 78.6K | 20K | 12.5K | 1.2K |
| Inventory | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 2.5M | 2.8M | 3.9M | 6.1M | 1M | 924.9K | 1.4M | 672.8K | 399.6K | 5M | 2M | 1M |
| Property, plant & equipment | — | — | — | — | — | — | — | — | — | — | — | — |
| Goodwill & intangibles | 31.8M | 31.7M | 31.6M | 31.6M | 29.5M | 29.4M | 29.4M | 29.4M | 29.4M | 35.1M | 35M | 38.3M |
| Total assets | 41.8M | 43.4M | 44.7M | 44.1M | 41.6M | 41.4M | 41.9M | 39.9M | 20.9M | 28.4M | 25.4M | 26.1M |
| Accounts payable | 653.5K | 662.2K | 888.1K | 904K | 793.3K | 1.2M | 1.8M | 2.2M | 2.9M | 1.9M | 1.3M | 1.7M |
| Short-term debt | 2.3M | 1.9M | 1.9M | 1.9M | 1.9M | 1.9M | 1.9M | 1.9M | 2.2M | 2.5M | 1.9M | 1.9M |
| Total current liabilities | 5.2M | 4.5M | 5.1M | 3.3M | 3.1M | 3.4M | 4M | 4.4M | 5.5M | 4.8M | 3.5M | 4M |
| Long-term debt | 500K | 500K | 500K | 500K | 500K | 500K | 500K | 500K | 500K | 500K | 495.8K | 492.4K |
| Total liabilities | 5.7M | 5M | 5.6M | 3.8M | 3.6M | 3.9M | 4.5M | 4.9M | 6M | 5.3M | 4M | 4.5M |
| Shareholders' equity | 36.2M | 38.5M | 39.1M | 40.3M | 37.9M | 37.5M | 37.4M | 35M | 14.9M | 23.1M | 21.4M | 21.6M |
| Total debt | 2.8M | 2.4M | 2.4M | 2.4M | 2.4M | 2.4M | 2.4M | 2.4M | 2.7M | 3M | 2.4M | 2.4M |
| Net debt | 2.2M | 1.4M | 1.9M | 263K | 1.6M | 1.6M | 1.1M | 1.8M | 2.4M | -1.5M | 735.9K | 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 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|
| Net income | 131.1K | 582.9K | 604.9K | 1.5M | 3.5M | 3M | -5M | -28.3M |
| Depreciation & amortization | 0 | 0 | 0 | — | 0 | 96.4K | 93.9K | 35.5K |
| Stock-based compensation | 130.2K | 65.2K | 356.3K | 680.6K | 1.2M | 269.6K | 1.3M | 757.5K |
| Change in working capital | -34.9K | -653.7K | 24.6K | -1.2M | -879.9K | 1.1M | -55K | 2.2M |
| Operating cash flow | 226.4K | -5.7K | -733.3K | -789K | 51.8K | -3.2M | -8.7M | -5.3M |
| Capital expenditure | — | — | — | — | — | — | — | — |
| Investing cash flow | — | — | 0 | 242K | -319.2K | 200K | -20K | — |
| Dividends paid | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — |
| Financing cash flow | 45.4K | -31.2K | -4.3K | 5.5M | 1.3M | 4.5M | 5.2M | 2.2M |
| Net change in cash | 271.8K | -36.9K | -737.6K | 4.9M | 1.1M | 1.5M | -3.5M | -3.1M |
| Free cash flow | -50.2K | 30.6K | -3.6K | -3.3M | -3M | -4.6M | -4.9M | -5.3M |
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 | 1M | -491.7K | 339.6K | -2.2M | -2.6M | -2.5M | -2.2M | -3M | -20.5M | -3.6M | -2.1M | -1.8M |
| Depreciation & amortization | 28.3K | 28.3K | 28.3K | 28.3K | 8.9K | 8.9K | 8.9K | 8.9K | 8.9K | 8.9K | 8.9K | 54.3K |
| Stock-based compensation | 140.6K | 483.4K | 280.5K | 280.5K | 280.5K | 139.4K | 139.4K | 139.4K | 339.4K | 516.1K | 139.4K | 368.5K |
| Change in working capital | 755K | -6K | -1.3M | -647.7K | 1.9M | 448K | 580.2K | 413.4K | 716.6K | -982.5K | -696.5K | 463K |
| Operating cash flow | -1.4M | -1.3M | -474.6K | -4.3M | -2.6M | -1.9M | -1.5M | -2.5M | -724.6K | -4.2M | -2.6M | -868.7K |
| Capital expenditure | — | — | — | — | — | — | — | — | — | — | — | — |
| Investing cash flow | 0 | 0 | 0 | 0 | 0 | — | — | — | — | — | — | — |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | 0 | 1.9M | -350K | 3.3M | 0 | 0 | 2M | 0 | 256.5K | 8.2M | -600K | 0 |
| Net change in cash | -1.4M | 644.2K | -824.6K | -1.1M | -2.6M | -1.9M | 472.2K | -2.5M | -468.1K | 4M | -3.2M | -868.7K |
| Free cash flow | -1.2M | -1.5M | -481.8K | -1.6M | -1.3M | -2M | -1.5M | -1.2M | -724.6K | -4.2M | -2.6M | -968.7K |