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 | -$3 | -$3.3 | -10.0% | — | $12.2K | — |
| Q1 26 | -$3 | -$3.3 | -10.0% | — | $14.9K | — |
| Q4 25 | -$3.6 | -$3.9 | -8.3% | — | $171.9K | — |
| Q3 25 | -$3.6 | -$3.9 | -8.3% | — | $18.1K | — |
| Q2 25 | -$4.2 | -$3 | +28.6% | — | $70.6K | — |
| Q1 25 | -$3 | -$4.5 | -50.0% | — | $41K | — |
| Q4 24 | -$3.6 | -$8.4 | -133.3% | — | $27.2K | — |
| Q3 24 | -$3.6 | -$6.9 | -91.7% | — | $36K | — |
| Q1 23 | — | -$0.1 | — | — | $30.6K | — |
| Q4 22 | — | -$0.11 | — | — | $38.4K | — |
| Q3 22 | — | -$0.03 | — | — | $545.3K | — |
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 | — | -$0.5 | — | — | $301.6K | — |
| FY24 | — | -$0.83 | — | — | $168.7K | — |
| FY23 | — | -$0.63 | — | — | $110.7K | — |
| FY22 | — | -$0.3 | — | — | $1.3M | — |
| FY21 | — | -$1.24 | — |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|
| Revenue | $242.9K | $144.1K | $1.3M | $110.7K | $168.7K | $301.6K |
| YoY change | — | -40.7% | +817.2% | -91.6% | +52.3% | +78.8% |
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 |
|---|
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|
| Revenue | 242.9K | 144.1K | 1.3M | 110.7K | 168.7K | 301.6K |
| Cost of revenue | 29K | 21.4K | 363.2K | 25.7K | 36.6K | 61.4K |
| Gross profit | 213.9K | 122.6K | 958.1K | 85.1K | 132.1K | 240.3K |
| Gross margin | 88% | 85.1% | 72.5% | 76.8% | 78.3% | 79.7% |
| Research & development | — | — | — | — | 1.2M | 1.1M |
| Selling, general & administrative | 3.5M | 6.1M | 2.8M | 5.8M | 6.7M | 7.5M |
| Operating expenses | 3.5M | 6.1M | 2.8M | 5.8M | 7.9M | 8.6M |
| Operating income | -3.3M | -6M | -1.8M | -5.7M | -7.8M | -8.4M |
| Operating margin | -1.3K% | -4.2K% | -138.7% | -5.1K% | -4.6K% | -2.8K% |
| Non-operating income, net | -66.4K | 22.9K | 194.6K | 1.1M | 139.4K | 161.5K |
| Pretax income | -3.4M | -6.1M | -1.7M | -4.6M | -7.6M | -8.2M |
| Income tax | — | — | — | — | 0 | 0 |
| Net income | -3.4M | -6.1M | -1.7M | -4.6M | -7.6M | -8.2M |
| Net margin | -1.4K% | -4.2K% | -128.5% | -4.2K% | -4.5K% | -2.7K% |
| EBITDA | -3.3M | -6M | -1.9M | -6.5M | -7.9M | -8.5M |
| EPS | -0.47 | -1.24 | -0.3 | -0.63 | -0.83 | -0.5 |
| Diluted EPS | -0.47 | -1.24 | -0.3 | -0.63 | -0.83 | -0.5 |
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 | 24.1K | 20.5K | 78.7K | 26.8K | 36K | 27.2K | 41K | 70.6K | 18.1K | 171.9K | 14.9K | 12.2K |
| Cost of revenue | 4K | 5.2K | 9.2K | 7.2K | 12.7K | 7.5K | 13.6K | 22.8K | 3.9K | 21K | 1.8K | 3.3K |
| Gross profit | 20.1K | 15.3K | 69.5K | 19.6K | 23.3K | 19.7K | 27.5K | 47.8K | 14.2K | 150.9K | 13.1K | 8.9K |
| Gross margin | 83.5% | 74.5% | 88.4% | 73% | 64.8% | 72.4% | 66.9% | 67.6% | 78.2% | 87.8% | 87.8% | 73.2% |
| Research & development | — | — | — | — | — | — | 406.3K | 225.8K | 226.5K | 224.9K | 346.4K | 564.5K |
| Selling, general & administrative | 2.4M | 1.6M | 1.1M | 1.3M | 2.5M | 1.7M | 1.6M | 1.4M | 2.1M | 2.3M | 1.8M | 1.7M |
| Operating expenses | 2.4M | 1.6M | 1.1M | 1.3M | 2.5M | 1.7M | 2M | 1.7M | 2.4M | 2.6M | 2.1M | 2.3M |
| Operating income | -2.4M | -1.6M | -1.1M | -1.3M | -2.5M | -2.9M | -2M | -1.6M | -2.3M | -2.4M | -2.1M | -2.2M |
| Operating margin | -10K% | -7.9K% | -1.4K% | -4.8K% | -7K% | -10.6K% | -4.9K% | -2.3K% | -12.9K% | -1.4K% | -14.2K% | -18.5K% |
| Non-operating income, net | 123.7K | 863K | 32.3K | 12.5K | 59.3K | 35.4K | 22.8K | 35.2K | 67K | 36.5K | 23K | 8K |
| Pretax income | -2.3M | -780.7K | -1M | -1.3M | -2.4M | -2.8M | -2M | -1.6M | -2.3M | -2.4M | -2.1M | -2.2M |
| Income tax | — | — | — | — | — | — | 0 | 0 | 0 | 0 | 0 | 0 |
| Net income | -2.3M | -780.7K | -1M | -1.3M | -2.4M | -2.8M | -2M | -1.6M | -2.3M | -2.4M | -2.1M | -2.2M |
| Net margin | -9.5K% | -3.8K% | -1.3K% | -4.8K% | -6.8K% | -10.4K% | -4.8K% | -2.2K% | -12.5K% | -1.4K% | -14K% | -18.4K% |
| EBITDA | -2.5M | -2.5M | -1.1M | -1.3M | -2.6M | -2.9M | -2M | -1.6M | -2.4M | -2.4M | -2.1M | -2.2M |
| EPS | -0.31 | — | -0.14 | -0.17 | -0.23 | — | -0.15 | -0.1 | -0.13 | — | -0.11 | -0.11 |
| Diluted EPS | -0.31 | — | -0.14 | -0.17 | -0.23 | — | -0.15 | -0.1 | -0.13 | — | -0.11 | -0.11 |
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 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Market cap | — | — | — | — | — | — | 3.7M |
| Enterprise value | — | — | — | — | — | — | 2.2M |
| Shares outstanding | 7.3M | 4.9M | 5.6M | 7.4M | 9.2M | 16.4M | 16.4M |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | -8.54 |
| P/S | — | — | — | — | — | — | 17.3 |
| P/B | — | — | — | — | — | — | 63.6 |
| EV/EBITDA | — | — | — | — | — | — | -0.24 |
| EV/Sales | — | — | — | — | — | — | 10.2 |
| Earnings yield | — | — | — | — | — | — | -11.7% |
| FCF yield | — | — | — | — | — | — | -69.4% |
| PEG | — | — | — | — | — | — | -0.85 |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Gross margin | 88% | 85.1% | 72.5% | 76.8% | 78.3% | 79.7% | 73.2% |
| Operating margin | -1.3K% | -4.2K% | -138.7% | -5.1K% | -4.6K% | -2.8K% | -18.5K% |
| Net margin | -1.4K% | -4.2K% | -128.5% | -4.2K% | -4.5K% | -2.7K% | 79.7% |
| ROE | 214% | 361.4% | -31% | -145% | -206.9% | -219.4% | -240.3% |
| ROA | -2.9K% | -806.4% | -22.8% | -128% | -180.1% | -177.4% | -119.2% |
| ROIC | — | — | — | — | -4K% | -33.9K% | -1.8K% |
| Return on tangible assets | -2.9K% | -806.4% | -22.8% | -131.8% | -205.5% | -207.5% | -472% |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Current ratio | 0.07 | 0.32 | 3.81 | 8.07 | 7.25 | 4.85 | 1.25 |
| Quick ratio | 0.06 | 0.31 | 3.73 | 7.7 | 6.93 | 4.7 | 1.1 |
| Debt / equity | -0.46 | -0.51 | 0.14 | 0 | — | — | 0 |
| Debt / assets | 6.13 | 1.13 | 0.1 | 0 | — | — | — |
| Net debt / EBITDA | -0.2 | -0.03 | 3.36 | 0.45 | — | — | 0.11 |
| Interest coverage | -42.3 | -72.8 | -30.9 | — | — | — | — |
| Effective tax rate | — | — | — | — | 0% | 0% | 0% |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Revenue per share | 0.03 | 0.03 | 0.24 | 0.02 | 0.02 | 0.02 | 0.34 |
| EPS (basic) | -0.47 | -1.24 | -0.3 | -0.63 | -0.83 | -0.5 | -0.5 |
| EPS (diluted) | -0.47 | -1.24 | -0.3 | -0.63 | -0.83 | -0.5 | -13.8 |
| Book value per share | -0.22 | -0.34 | 0.98 | 0.44 | 0.4 | 0.23 | 0.07 |
| FCF per share | -0.12 | -0.22 | -0.4 | -0.54 | -0.45 | -0.31 | -0.3 |
| Cash per share | 0.01 | 0.14 | 1.26 | 0.4 | 0.38 | 0.23 | 1.37 |
| Capex per share | 0 | 0 | — | — | — | — | — |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Capex / revenue | 0.27% | 0% | — | — | — | — | — |
| Capex / operating cash flow | -0.07% | 0% | — | — | — | — | — |
| Payout ratio | — | — | — | — | — | — | 0% |
| — |
| $144.1K |
| — |
| FY20 | — | -$0.47 | — | — | $242.9K | — |
| Q4 24 |
|---|
| Q1 25 |
|---|
| Q2 25 |
|---|
| Q3 25 |
|---|
| Q4 25 |
|---|
| Q1 26 |
|---|
| Q2 26 |
|---|
| Revenue | $24.1K | $20.5K | $78.7K | $26.8K | $36K | $27.2K | $41K | $70.6K | $18.1K | $171.9K | $14.9K | $12.2K |
| YoY change | -95.6% | -46.6% | +157.4% | -24.5% | +49.4% | +32.3% | -47.9% | +163% | -49.6% | +532.5% | -63.5% | -82.8% |
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 | 78.4K | 661.8K | 7M | 2.9M | 3.5M | 3.7M |
| Receivables | 6.6K | 16.3K | 4.9K | 9.4K | 13K | 81.6K |
| Inventory | 22.7K | 31.4K | 154.4K | 156.4K | 174.6K | 131.5K |
| Total current assets | 116.9K | 752.7K | 7.4M | 3.4M | 4M | 4.3M |
| Property, plant & equipment | 1.6K | 31.9K | 6.7K | 496 | — | — |
| Goodwill & intangibles | — | — | 0 | 105.5K | 521.5K | 672.1K |
| Total assets | 118.5K | 753.7K | 7.4M | 3.6M | 4.2M | 4.6M |
| Accounts payable | 461.2K | 843.8K | 658.4K | 159.5K | 155.9K | 244.6K |
| Short-term debt | 583.8K | 778K | 750.8K | 4.5K | — | — |
| Total current liabilities | 1.6M | 2.4M | 1.9M | 425.3K | 546.7K | 887.3K |
| Long-term debt | 142.2K | 72K | 4.5K | 0 | — | — |
| Total liabilities | 1.7M | 2.4M | 2M | 425.3K | 546.7K | 887.3K |
| Shareholders' equity | -1.6M | -1.7M | 5.5M | 3.2M | 3.7M | 3.7M |
| Total debt | 726K | 850K | 755.3K | 4.5K | — | — |
| Net debt | 647.6K | 188.3K | 592.5K | -575.8K | — | — |
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 | 3.9M | 2.9M | 2.1M | 848.8K | 4.6M | 3.5M | 2.1M | 5.8M | 4.4M | 3.7M | 2.7M | 1M |
| Receivables | 14.5K | 9.4K | 3.7K | 9.8K | 14.6K | 13K | 11.1K | 59.8K | 7.9K | 81.6K | 43K | 52.9K |
| Inventory | 158.6K | 156.4K | 153.7K | 145.1K | 158.4K | 174.6K | 175.3K | 173K | 160.2K | 131.5K | 179.5K | 233.5K |
| Total current assets | 4.3M | 3.4M | 2.6M | 1.2M | 4.9M | 4M | 2.6M | 6.3M | 4.8M | 4.3M | 3.3M | 1.9M |
| Property, plant & equipment | 2.1K | 496 | — | — | — | — | — | — | — | — | 45.2K | 42.4K |
| Goodwill & intangibles | 144.7K | 105.5K | 338.3K | 452.2K | 497.9K | 521.5K | 559K | 589.7K | 617.1K | 672.1K | 718.6K | 1.1M |
| Total assets | 4.4M | 3.6M | 2.8M | 1.6M | 5.3M | 4.2M | 2.9M | 6.6M | 5.1M | 4.6M | 3.7M | 3M |
| Accounts payable | 72.5K | 159.5K | 151.5K | 87.1K | 166.5K | 155.9K | 181.4K | 232.8K | 64.6K | 244.6K | 168.1K | 239.4K |
| Short-term debt | 517.6K | 4.5K | — | — | — | — | — | — | — | — | — | — |
| Total current liabilities | 1.2M | 425.3K | 507.2K | 212.1K | 299.4K | 546.7K | 574.7K | 600.6K | 357.5K | 887.3K | 808.4K | 1.5M |
| Long-term debt | 0 | 0 | — | — | — | — | — | — | — | — | — | — |
| Total liabilities | 1.2M | 425.3K | 507.2K | 212.1K | 299.4K | 546.7K | 574.7K | 600.6K | 357.5K | 887.3K | 808.4K | 1.5M |
| Shareholders' equity | 3.2M | 3.2M | 2.3M | 1.4M | 5M | 3.7M | 2.3M | 6M | 4.8M | 3.7M | 2.9M | 1.5M |
| Total debt | 517.6K | 4.5K | — | — | — | — | — | — | — | — | — | — |
| Net debt | 156.2K | -575.8K | — | — | — | — | — | — | — | — | — | — |
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 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|
| Net income | -3.4M | -6.1M | -1.7M | -4.6M | -7.6M | -8.2M |
| Depreciation & amortization | 429 | 537 | 535 | 4.3K | 15.1K | 21.5K |
| Stock-based compensation | 2M | 4.5M | 270.7K | 2.4M | 3.6M | 3.1M |
| Change in working capital | 493.6K | 457.2K | -504.1K | -561.9K | -29.9K | 46.8K |
| Operating cash flow | -941.1K | -1.1M | -2.1M | -2.8M | -4.1M | -5M |
| Capital expenditure | -648 | 0 | — | — | — | — |
| Investing cash flow | -648 | 0 | -6.8M | 4.6M | -407.2K | -35.1K |
| Dividends paid | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — |
| Financing cash flow | 759.8K | 1.6M | 8.5M | -400K | 4.5M | 4.6M |
| Net change in cash | -182K | 472.3K | -417.9K | 1.4M | 48K | -346.4K |
| Free cash flow | -864.1K | -1.1M | -2.2M | -3.9M | -4.1M | -5.1M |
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 | 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 | -2.3M | -780.7K | -1M | -1.3M | -2.4M | -2.8M | -2M | -1.6M | -2.3M | -2.4M | -2.1M | -2.2M |
| Depreciation & amortization | 887 | 1.7K | 2.7K | 3.8K | 4.2K | 4.4K | 4.8K | 5.1K | 5.5K | 6.2K | 10.8K | 23.1K |
| Stock-based compensation | 1.6M | 751.8K | 161.3K | 308.3K | 1.5M | 1.6M | 636.8K | 572.1K | 1.1M | 831.5K | 478.6K | 408.4K |
| Change in working capital | 12.4K | 75.4K | -4K | -63.9K | 62.7K | -24.7K | 23.3K | 16.1K | -108.4K | 115.8K | -85.9K | 7.5K |
| Operating cash flow | -709.3K | 49.7K | -880.7K | -1M | -842.2K | -1.3M | -1.3M | -917.2K | -1.5M | -1.1M | -1.7M | -1.8M |
| Capital expenditure | — | — | — | — | — | — | — | — | — | — | — | — |
| Investing cash flow | 939.8K | 1.3M | 795.6K | 1.6M | -4.5M | 1.6M | 1.5M | -3.9M | 1.6M | 722.8K | 1.6M | 1.5M |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | 0 | 0 | 0 | 0 | 4.5M | 0 | — | — | 0 | 0 | — | — |
| Net change in cash | 230.5K | 1.3M | -85.1K | 573.3K | -782.2K | 342K | 174K | -4.8M | 177.9K | -425.2K | -124K | -293.5K |
| Free cash flow | -810.1K | -1M | -829.6K | -1.3M | -827.3K | -1.2M | -1.4M | -937.6K | -1.5M | -1.2M | -1.8M | -1.8M |