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 | -$0.37 | -$0.37 | 0.0% | — | $88K | — |
| Q1 26 | -$0.38 | $0.26 | +168.4% | — | — | — |
| Q4 25 | -$0.43 | -$0.4 | +7.0% | — | — | — |
| Q3 25 | -$0.51 | -$0.5 | +2.0% | — | — | — |
| Q2 25 | -$0.48 | -$0.49 | -2.1% | — | — | — |
| Q1 25 | -$0.42 | -$0.43 | -2.4% | — | $868K | — |
| Q3 24 | -$0.44 | -$0.41 | +6.8% | — | $987K | — |
| Q2 24 | -$0.4 | -$0.45 | -12.5% | — | $778K | — |
| Q1 24 | -$0.38 | -$0.38 | 0.0% | — | $620K | — |
| Q4 23 | -$0.34 | -$0.32 | +5.9% | — | $262K | — |
| Q3 23 | -$0.39 | -$0.38 | +2.6% | — | $419K | — |
| Q2 23 | -$0.41 | -$0.35 | +14.6% | — | $915K | — |
| Q1 23 | -$0.28 | -$0.4 | -42.9% | — | $1.2M | — |
| Q4 22 | -$3.14 | -$3.88 | -23.6% | — | $1.1M | — |
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 | — | -$1.11 | — | — | $33.5M | — |
| FY24 | — | -$1.66 | — | — | $2.6M | — |
| FY23 | — | -$1.48 | — | — | $2.8M | — |
| FY22 | — | -$1.06 | — | — | $3.5M | — |
| FY21 | — | -$0.73 | — |
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 | $5.7M | -$782K | $3.5M | $2.8M | $2.6M | $33.5M |
| YoY change | — | -113.7% | +551.8% | -21.9% | -4.42% | +1.2K% |
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 | 5.7M | -782K | 3.5M | 2.8M | 2.6M | 33.5M |
| Cost of revenue | 145K | 199K | 211K | 186K | 204K | 190K |
| Gross profit | 5.6M | -981K | 3.3M | 2.6M | 2.4M | 33.3M |
| Gross margin | 97.5% | 125.4% | 94% | 93.3% | 92.3% | 99.4% |
| Research & development | 13.5M | 12.9M | 21.9M | 33.8M | 42.8M | 58.2M |
| Selling, general & administrative | 10.8M | 7.9M | 14M | 20.3M | 23.9M | 26.9M |
| Operating expenses | 24.3M | 20.8M | 36M | 54.1M | 66.7M | 85.1M |
| Operating income | -18.8M | -21.8M | -32.7M | -51.5M | -64.3M | -51.8M |
| Operating margin | -328.8% | 2.8K% | -924.3% | -1.9K% | -2.4K% | -154.7% |
| Non-operating income, net | -2.9M | -288K | -1M | -1.5M | -79K | 254K |
| Pretax income | -21.4M | -23M | -33.6M | -49.1M | -61M | -52.7M |
| Income tax | — | — | — | — | — | — |
| Net income | -21.4M | -23M | -33.6M | -49.1M | -61M | -52.7M |
| Net margin | -374.5% | 2.9K% | -951.3% | -1.8K% | -2.3K% | -157.4% |
| EBITDA | -15.7M | -21.6M | -31.4M | -49.8M | -63.9M | -51.5M |
| EPS | -0.68 | -0.73 | -1.06 | -1.48 | -1.66 | -1.11 |
| Diluted EPS | -0.68 | -0.73 | -1.06 | -1.48 | -1.66 | -1.11 |
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 | 419K | 262K | 620K | 778K | 987K | 253K | 868K | 836K | 861K | 30.9M | 110K | 88K |
| Cost of revenue | 41K | 47K | 34K | 44K | 68K | 58K | 44K | 46K | 49K | 51K | 32K | 25K |
| Gross profit | 378K | 215K | 586K | 734K | 919K | 195K | 824K | 790K | 812K | 30.9M | 78K | 63K |
| Gross margin | 90.2% | 82.1% | 94.5% | 94.3% | 93.1% | 77.1% | 94.9% | 94.5% | 94.3% | 99.8% | 70.9% | 71.6% |
| Research & development | 8.6M | 8.5M | 9.1M | 11.1M | 11.6M | 11M | 13.5M | 13.9M | 14M | 16.8M | 15.8M | 16.6M |
| Selling, general & administrative | 6.3M | 4.2M | 5.9M | 6.5M | 5.7M | 5.9M | 6.3M | 6.3M | 7.1M | 7.3M | 6.4M | 5.8M |
| Operating expenses | 14.9M | 12.7M | 15M | 17.6M | 17.3M | 16.9M | 19.7M | 20.1M | 21.1M | 24.1M | 22.2M | 22.4M |
| Operating income | -14.5M | -12.5M | -14.4M | -16.9M | -16.3M | -16.7M | -18.9M | -19.3M | -20.3M | 6.8M | -22.1M | -22.4M |
| Operating margin | -3.5K% | -4.8K% | -2.3K% | -2.2K% | -1.7K% | -6.6K% | -2.2K% | -2.3K% | -2.4K% | 21.8% | -20.1K% | -25.4K% |
| Non-operating income, net | 293K | -1.4M | -56K | -23K | — | 0 | — | — | — | — | 2.2M | 369K |
| Pretax income | -13.3M | -12.8M | -13.5M | -16M | -15.4M | -16.2M | -18.8M | -19.4M | -20.8M | 6.2M | -20.7M | -23.8M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — |
| Net income | -13.3M | -12.8M | -13.5M | -16M | -15.4M | -16.2M | -18.8M | -19.4M | -20.8M | 6.2M | -20.7M | -23.8M |
| Net margin | -3.2K% | -4.9K% | -2.2K% | -2.1K% | -1.6K% | -6.4K% | -2.2K% | -2.3K% | -2.4K% | 20.2% | -18.8K% | -27K% |
| EBITDA | -14.7M | -11M | -14.3M | -16.8M | -16.3M | -16.6M | -18.8M | -19.2M | -20.2M | 7.1M | -24.2M | -22.6M |
| EPS | -0.38 | — | -0.38 | -0.45 | -0.41 | — | -0.49 | -0.5 | -0.4 | — | -0.33 | -0.38 |
| Diluted EPS | -0.38 | — | -0.38 | -0.45 | -0.41 | — | -0.49 | -0.5 | -0.4 | — | -0.33 | -0.38 |
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 | — | — | 405M | 318.7M | 315.5M | 303.3M | — | — | 354M |
| Enterprise value | — | — | 378.6M | 313.4M | 243.6M | 217.4M | — | — | 324.9M |
| Shares outstanding | — | — | 31.6M | 31.6M | 31.6M | 33.2M | 36.8M | 47.7M | 47.7M |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | — | — | -5.31 |
| P/S | — | — | 71 | -407.5 | 89.3 | 109.9 | — | — | 11.1 |
| P/B | — | — | -8.34 | -4.47 | 6.01 | 4.46 | — | — | 18.3 |
| EV/EBITDA | — | — | -24.1 | -14.5 | -7.75 | -4.37 | — | — | -5.64 |
| EV/Sales | — | — | 66.4 | -400.8 | 68.9 | 78.8 | — | — | 10.2 |
| Earnings yield | — | — | — | — | — | — | — | — | -18.8% |
| FCF yield | — | — | -6.6% | -6.18% | -9.47% | -15.2% | — | — | -8.99% |
| PEG | — | — | — | — | — | — | — | — | 0.22 |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| Gross margin | — | — | 97.5% | 125.4% | 94% | 93.3% | 92.3% | 99.4% | 71.6% |
| Operating margin | — | — | -328.8% | 2.8K% | -924.3% | -1.9K% | -2.4K% | -154.7% | -25.4K% |
| Net margin | — | — | -374.5% | 2.9K% | -951.3% | -1.8K% | -2.3K% | -157.4% | -184.6% |
| ROE | — | — | 44% | 32.3% | -64% | -72.2% | -185.2% | -98.4% | -397.3% |
| ROA | — | — | -56.1% | -170.1% | -35.2% | -51.6% | -80.1% | -45.9% | -45.7% |
| Return on tangible assets | — | — | -56.1% | -170.1% | -35.2% | -51.6% | -80.1% | -45.9% | -51% |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| Current ratio | — | — | 2.52 | 0.92 | 4.56 | 7.95 | 4.27 | 6.45 | 8.26 |
| Quick ratio | — | — | 2.52 | 0.92 | 4.55 | 7.94 | 4.26 | 6.43 | 8.24 |
| Debt / equity | — | — | -0.19 | -0.08 | 0.23 | 0.02 | 0.5 | 0.3 | 2.41 |
| Debt / assets | — | — | 0.25 | 0.42 | 0.12 | 0.02 | 0.22 | 0.14 | 0.31 |
| Net debt / EBITDA | — | — | 1.68 | 0.24 | 2.29 | 1.73 | 0.79 | 1.76 | 1.23 |
| Interest coverage | — | — | — | -23.8 | — | — | — | -44.9 | -44.9 |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| Revenue per share | — | — | 0.18 | -0.02 | 0.11 | 0.08 | 0.07 | 0.7 | 0.54 |
| EPS (basic) | — | — | -0.68 | -0.73 | -1.06 | -1.48 | -1.66 | -1.11 | -1.11 |
| EPS (diluted) | — | — | -0.68 | -0.73 | -1.06 | -1.48 | -1.66 | -1.11 | -0.83 |
| Book value per share | — | — | -1.54 | -2.25 | 1.66 | 2.05 | 0.9 | 1.12 | 0.32 |
| FCF per share | — | — | -0.85 | -0.62 | -0.95 | -1.39 | -1.38 | -1.04 | -0.93 |
| Cash per share | — | — | 1.13 | 0.34 | 2.65 | 2.64 | 1.81 | 2.23 | 1.83 |
| Capex per share | — | — | 0.02 | 0.01 | 0.02 | 0 | 0.01 | — | — |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| Capex / revenue | — | — | 9.45% | -35% | 16.7% | 2.83% | 11% | — | — |
| Capex / operating cash flow | — | — | -1.87% | -1.39% | -1.78% | -0.17% | -0.55% | — | — |
| Payout ratio | — | — | — | — | — | — | — | — | 0% |
| — |
| -$782K |
| — |
| FY20 | — | -$0.68 | — | — | $5.7M | — |
| Q4 24 |
|---|
| Q1 25 |
|---|
| Q2 25 |
|---|
| Q3 25 |
|---|
| Q4 25 |
|---|
| Q1 26 |
|---|
| Q2 26 |
|---|
| Revenue | $419K | $262K | $620K | $778K | $987K | $253K | $868K | $836K | $861K | $30.9M | $110K | $88K |
| YoY change | -64% | -76.2% | -46.7% | -15% | +135.6% | -3.44% | +40% | +7.46% | -12.8% | +12.1K% | -87.3% | -89.5% |
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 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 7.2B | 7.4B | 35.8M | 10.9M | 83.8M | 87.6M | 66.8M | 106.5M |
| Receivables | 431M | 649.4M | 168K | 121K | 96K | 99K | 92K | 95K |
| Inventory | 41.3M | 74.8M | 69K | 68K | 276K | 146K | 173K | 310K |
| Total current assets | 8.1B | 8.5B | 36.3M | 11.3M | 84.7M | 89.1M | 69.2M | 107.9M |
| Property, plant & equipment | 126.3M | 206.1M | 1M | 1.1M | 3.7M | 2.8M | 3.5M | 3.2M |
| Goodwill & intangibles | 2.1B | 2.1B | — | — | — | — | — | — |
| Total assets | 12.4B | 12.4B | 38.1M | 13.5M | 95.6M | 95.2M | 76.2M | 114.9M |
| Accounts payable | 420.7M | 396.1M | 1.8M | 2M | 4M | 2.9M | 5.1M | 6.1M |
| Short-term debt | — | 51.2M | 4M | 2M | 697K | 649K | 550K | 751K |
| Total current liabilities | 420.7M | 447.2M | 14.4M | 12.2M | 18.6M | 11.2M | 16.2M | 16.7M |
| Long-term debt | — | 44.4M | 5.5M | 3.7M | 11.2M | 1M | 16M | 15.2M |
| Total liabilities | 420.8M | 491.7M | 86.6M | 84.8M | 43M | 27.2M | 43.2M | 61.3M |
| Shareholders' equity | -3.1B | -3.9B | -48.5M | -71.2M | 52.5M | 68M | 33M | 53.6M |
| Total debt | — | 95.6M | 9.5M | 5.7M | 11.9M | 1.7M | 16.5M | 16M |
| Net debt | — | -4.9B | -10.9M | -4.3M | -7.9M | -28.9M | -5.7M | -18.7M |
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 | 108.8M | 87.6M | 75M | 65.2M | 66.9M | 66.8M | 49.9M | 33.9M | 95.8M | 106.5M | 94.4M | 110M |
| Receivables | 86K | 99K | 67K | 80K | 115K | 92K | 89K | 83K | 52K | 95K | 84K | 51K |
| Inventory | 137K | 146K | 115K | 70K | 234K | 173K | 135K | 185K | 365K | 310K | 277K | 250K |
| Total current assets | 110.2M | 89.1M | 76.4M | 66.5M | 68.6M | 69.2M | 51.9M | 35.9M | 97.8M | 107.9M | 96.2M | 111.2M |
| Property, plant & equipment | 1.4M | 2.8M | 1.3M | 1.2M | 3M | 3.5M | 3.4M | 3.2M | 3.2M | 3.2M | 3.2M | 3.2M |
| Goodwill & intangibles | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | 116.4M | 95.2M | 82.6M | 72.4M | 75.3M | 76.2M | 59.1M | 42.8M | 104.8M | 114.9M | 100.7M | 115.7M |
| Accounts payable | 3.1M | 2.9M | 3.4M | 6.3M | 4.7M | 5.1M | 5.6M | 5.3M | 8.5M | 6.1M | 6.3M | 6.1M |
| Short-term debt | 10.3M | 649K | 465K | 350K | 395K | 550K | 590K | 642K | 696K | 751K | 785K | 808K |
| Total current liabilities | 21.5M | 11.2M | 10.4M | 14.5M | 16.2M | 16.2M | 15.5M | 17.1M | 20.7M | 16.7M | 13.7M | 13.5M |
| Long-term debt | 1.1M | 1M | 1.2M | 1.1M | 1.4M | 16M | 15.9M | 15.7M | 15.3M | 15.2M | 15.1M | 35.4M |
| Total liabilities | 36.7M | 27.2M | 25.4M | 28.3M | 29.1M | 43.2M | 42.2M | 42.5M | 61.1M | 61.3M | 59.5M | 96.4M |
| Shareholders' equity | 79.7M | 68M | 57.2M | 44.1M | 46.2M | 33M | 16.9M | 295K | 43.7M | 53.6M | 41.2M | 19.3M |
| Total debt | 11.5M | 1.7M | 1.6M | 1.5M | 1.8M | 16.5M | 16.4M | 16.4M | 16M | 16M | 15.8M | 36.2M |
| Net debt | -7.6M | -28.9M | -21.7M | -22.3M | -23.8M | -5.7M | -1.9M | -2.4M | -26M | -18.7M | -12.5M | 15.7M |
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 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|
| Net income | -21.4M | -23M | -33.6M | -49.1M | -61M | -52.7M |
| Depreciation & amortization | 137K | 181K | 222K | 287K | 308K | 327K |
| Stock-based compensation | 221K | 302K | 3.4M | 7.6M | 10.6M | 12M |
| Change in working capital | -7.8M | 2.6M | -3.4M | -2.7M | -2.7M | -16.1M |
| Operating cash flow | -28.8M | -19.7M | -33.2M | -47M | -52.5M | -49M |
| Capital expenditure | -539K | -274K | -591K | -78K | -289K | — |
| Investing cash flow | 27M | 13M | -64.1M | 10.7M | 13.1M | -26.5M |
| Dividends paid | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — |
| Financing cash flow | 10M | -4M | 103.1M | 46M | 28.9M | 88.2M |
| Net change in cash | 8.2M | -10.7M | 5.7M | 9.7M | -10.5M | 12.8M |
| Free cash flow | -26.7M | -19.7M | -29.9M | -46.2M | -50.8M | -49.5M |
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 | -13.3M | -12.8M | -13.5M | -16M | -15.4M | -16.2M | -18.8M | -19.4M | -20.8M | 6.2M | -20.7M | -23.8M |
| Depreciation & amortization | 71K | 72K | 74K | 74K | 76K | 84K | 83K | 81K | 81K | 82K | 90K | 96K |
| Stock-based compensation | 3.5M | 919K | 2.6M | 2.8M | 2.4M | 2.9M | 3M | 3.3M | 3M | 2.8M | 2.9M | 2.5M |
| Change in working capital | -320K | -286K | -497K | -768K | -1.3M | -117K | -823K | -845K | -1M | -13.4M | -128K | -127K |
| Operating cash flow | -10.9M | -12.6M | -11.8M | -14.1M | -14.3M | -12.3M | -16.4M | -15.5M | -14.6M | -2.3M | -22.2M | -19.3M |
| Capital expenditure | -19K | 3K | -8K | -107K | -68K | -106K | -112K | — | — | — | — | — |
| Investing cash flow | 12.9M | 33.2M | 5.9M | 10.4M | 557K | -3.2M | 13M | 16.4M | -38.3M | -17.7M | 10.5M | -23.1M |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | 0 | -10.8M | — | — | — | 0 | -387K | -428K | 76.4M | 12.7M | 5.5M | 14.7M |
| Net change in cash | 2M | 9.7M | -6M | -3.6M | -13.8M | -15.4M | -3.8M | 435K | 23.6M | -7.3M | -6.2M | -27.6M |
| Free cash flow | -10.3M | -11M | -13.1M | -10.3M | -13.8M | -13.6M | -16.7M | -15.6M | -14.9M | -2.3M | -22.4M | -19.6M |