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 | — | -$0.01 | — | — | $33M | — |
| FY24 | — | -$0.94 | — | — | $73.6M | — |
| FY23 | — | -$3.5 | — | — | $81.2M | — |
| FY22 | — | -$1.82 | — | — | $100.8M | — |
| FY21 | — | -$2.2 | — | — | $78.3M | — |
| FY20 | — | -$2.46 | — | — | $55.2M | — |
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 | $55.2M | $78.3M | $100.8M | $81.2M | $73.6M | $33M |
| YoY change | — | +41.7% | +28.8% | -19.4% | -9.39% | -55.2% |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 |
|---|---|---|---|---|---|---|
| Revenue | $17.6M |
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 | 55.2M | 78.3M | 100.8M | 81.2M | 73.6M | 33M |
| Cost of revenue | 44.3M | 61.6M | 78.7M | 65.5M | 58.2M | 23.9M |
| Gross profit | 10.9M | 16.7M | 22.1M | 15.7M | 15.4M | 9M |
| Gross margin | 19.8% | 21.3% | 21.9% | 19.3% | 20.9% | 27.4% |
| Research & development | 1.8M | 1.9M | 1.8M | 2.2M | 1.5M | 2M |
| Selling, general & administrative | 15.8M | 21.9M | 27.7M | 23M | 19.5M | 9.8M |
| Operating expenses | 17.6M | 23.7M | 29.5M | 25.1M | 21M | 11.8M |
| Operating income | -9M | -10.5M | -9.6M | -11.5M | -6.9M | -3.8M |
| Operating margin | -16.3% | -13.4% | -9.48% | -14.2% | -9.39% | -11.7% |
| Non-operating income, net | 112K | 7K | -601K | -15.3M | -334K | 4.5M |
| Pretax income | -11.5M | -13M | -13.6M | -30.1M | -10.7M | -533K |
| Income tax | 5K | 156K | -35K | -643K | -698K | 495K |
| Net income | -11.5M | -13.1M | -13.6M | -29.4M | -10M | -137K |
| Net margin | -20.8% | -16.8% | -13.5% | -36.2% | -13.6% | -0.42% |
| EBITDA | -6.5M | -6.9M | -7M | -9.1M | -5.2M | 2M |
| EPS | -2.46 | -2.2 | -1.82 | -3.5 | -0.94 | -0.01 |
| Diluted EPS | -2.66 | -2.2 | -1.82 | -3.5 | -0.94 | -0.01 |
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 |
|---|---|---|---|---|---|---|
| Revenue | 17.6M | — | 7.8M | 8.8M | 8.7M | 7.7M |
| Cost of revenue | 16.2M | — | 5.8M | 5.9M | 6.8M | 5.4M |
| Gross profit | 1.5M | — | 2M | 3M | 1.9M | 2.3M |
| Gross margin | 8.29% | — | 25.4% | 33.5% | 21.9% | 29.4% |
| Research & development | 369K | — | 556K | 436K | 613K | 478K |
| Selling, general & administrative | 4.5M | — | 1.4M | 2.9M | 3.6M | 2.8M |
| Operating expenses | 4.9M | — | 2M | 3.3M | 4.2M | 3.2M |
| Operating income | -3.7M | — | -484K | -591K | -2.6M | -1.3M |
| Operating margin | -21.2% | — | -6.2% | -6.7% | -29.5% | -16.5% |
| Non-operating income, net | 698K | — | 3.7M | 212K | 1.5M | -79K |
| Pretax income | -3.9M | — | 3.1M | -627K | -1.6M | -1.7M |
| Income tax | -604K | — | 72K | 120K | 339K | 0 |
| Net income | -3.3M | — | 2.1M | -747K | 647K | -1.7M |
| Net margin | -18.5% | — | 26.3% | -8.46% | 7.41% | -21.5% |
| EBITDA | -2.5M | — | 3.4M | -33K | -499K | -1.1M |
| EPS | — | -0.2 | 0.19 | -0.06 | — | -0.11 |
| Diluted EPS | — | -0.2 | 0.19 | -0.07 | — | -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 | — | — | — | — | — | 1.5M | 2.6M |
| Enterprise value | — | — | — | — | — | 19.4M | 26.6M |
| Shares outstanding | 4.3M | 6.1M | 7.6M | 8.4M | 10.7M | 11.2M | 11.2M |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | -17 |
| P/S | — | — | — | — | — | 0.05 | 0.08 |
| P/B | — | — | — | — | — | -0.12 | -0.18 |
| EV/EBITDA | — | — | — | — | — | 9.76 | -7.57 |
| EV/Sales | — | — | — | — | — | 0.59 | 0.81 |
| Earnings yield | — | — | — | — | — | — | -5.89% |
| FCF yield | — | — | — | — | — | 495.8% | -1.9K% |
| PEG | — | — | — | — | — | — | 0.38 |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Gross margin | 19.8% | 21.3% | 21.9% | 19.3% | 20.9% | 27.4% | 29.4% |
| Operating margin | -16.3% | -13.4% | -9.48% | -14.2% | -9.39% | -11.7% | -16.5% |
| Net margin | -20.8% | -16.8% | -13.5% | -36.2% | -13.6% | -0.42% | 0.92% |
| ROE | 228.1% | -572% | 129.3% | 84% | 22.8% | 1.08% | 1.33% |
| ROA | -29.8% | -17.5% | -21% | -74.5% | -22.9% | -0.52% | -9.66% |
| ROIC | -376% | -67.1% | -217.1% | 47.8% | 19.2% | -73.9% | -115.2% |
| Return on tangible assets | 300.4% | -56% | -81.1% | -119.7% | -35.3% | -1.24% | 2.71% |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Current ratio | 0.41 | 0.65 | 0.49 | 0.38 | 0.37 | 0.52 | 0.48 |
| Quick ratio | 0.37 | 0.55 | 0.37 | 0.29 | 0.28 | 0.4 | 0.36 |
| Debt / equity | -2.49 | 8.88 | -1.54 | -0.36 | -0.24 | -1.46 | -0.02 |
| Debt / assets | 0.32 | 0.27 | 0.25 | 0.32 | 0.24 | 0.71 | 0.75 |
| Net debt / EBITDA | -1.14 | -1.94 | -2.12 | -1.2 | -1.54 | 9 | 10.1 |
| Interest coverage | -3.38 | -4.16 | -2.9 | -8.11 | -2.1 | 0.55 | 0.35 |
| Effective tax rate | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Revenue per share | 12.8 | 12.9 | 13.3 | 9.65 | 6.88 | 2.94 | 2.65 |
| EPS (basic) | -2.46 | -2.2 | -1.82 | -3.5 | -0.94 | -0.01 | -0.01 |
| EPS (diluted) | -2.66 | -2.2 | -1.82 | -3.5 | -0.94 | -0.01 | -0.07 |
| Book value per share | -1.17 | 0.38 | -1.39 | -4.16 | -4.1 | -1.13 | -0.93 |
| FCF per share | -0.1 | -0.57 | 0.1 | -0.04 | 0.22 | 0.67 | 0.42 |
| Cash per share | 1.19 | 1.16 | 0.17 | 0.2 | 0.22 | 0.06 | 0.05 |
| Capex per share | 0 | 0.05 | 0.06 | 0.06 | 0 | 0 | 0.01 |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Capex / revenue | 0.01% | 0.38% | 0.45% | 0.59% | 0.06% | 0.08% | 0.54% |
| Capex / operating cash flow | 0.57% | -10.3% | 241.2% | -3.46% | 3.85% | 0.29% | 1.75% |
| Payout ratio | — | — | — | — | — | — | 0% |
| — |
| $7.8M |
| $8.8M |
| $8.7M |
| $7.7M |
| YoY change | — | — | — | — | -50.5% | — |
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 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|
| Cash & short-term investments | 5.1M | 7.1M | 1.3M | 1.7M | 2.3M | 679K |
| Receivables | 9.7M | 27.1M | 23.9M | 18.7M | 20.9M | 9.5M |
| Inventory | 1.5M | 7M | 8.7M | 6M | 7.4M | 3.4M |
| Total current assets | 17M | 43.2M | 35.7M | 27.4M | 31.9M | 14.5M |
| Property, plant & equipment | 365K | 4.7M | 3.4M | 2.9M | 1.8M | 2.2M |
| Goodwill & intangibles | 42.5M | 51.6M | 48M | 14.9M | 15.3M | 15.2M |
| Total assets | 38.7M | 75.1M | 64.8M | 39.5M | 43.6M | 26.2M |
| Accounts payable | 26.8M | 45.6M | 53.7M | 56.7M | 66.1M | 11.2M |
| Short-term debt | 11.8M | 15.2M | 14.8M | 11.3M | 9.7M | 8.1M |
| Total current liabilities | 41.8M | 66.1M | 73.5M | 72.7M | 86.3M | 27.7M |
| Long-term debt | 732K | 5.2M | 1.5M | 1.3M | 587K | 10.5M |
| Total liabilities | 43.7M | 72.8M | 75.3M | 74.5M | 87.5M | 38.9M |
| Shareholders' equity | -5M | 2.3M | -10.5M | -35M | -43.9M | -12.7M |
| Total debt | 12.6M | 20.4M | 16.2M | 12.6M | 10.3M | 18.6M |
| Net debt | 7.4M | 13.3M | 14.9M | 10.9M | 8M | 17.9M |
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 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 |
|---|---|---|---|---|---|---|
| Cash & short-term investments | 2.3M | 2.7M | 2.2M | 679K | 679K | 787K |
| Receivables | 20.9M | 15.8M | 9.8M | 10.6M | 9.5M | 8.2M |
| Inventory | 7.4M | 4.3M | 3M | 3.5M | 3.4M | 3.3M |
| Total current assets | 31.9M | 24M | 15.6M | 15.5M | 14.5M | 13.4M |
| Property, plant & equipment | 1.8M | 1.6M | 1.1M | 1M | 2.2M | 3M |
| Goodwill & intangibles | 15.3M | 14.6M | 15.4M | 12.5M | 15.2M | 14.5M |
| Total assets | 43.6M | 35.1M | 26.8M | 25M | 26.2M | 25.6M |
| Accounts payable | 66.1M | 64.8M | 12.6M | 12.4M | 11.2M | 10.5M |
| Short-term debt | 9.7M | 8.8M | 8.8M | 7.9M | 8.1M | 8.2M |
| Total current liabilities | 86.3M | 79.2M | 26.5M | 26.8M | 27.7M | 28M |
| Long-term debt | 587K | 869K | 10.5M | 10.6M | 10.5M | 11M |
| Total liabilities | 87.5M | 80.6M | 37.8M | 38.1M | 38.9M | 39.7M |
| Shareholders' equity | -43.9M | -45.5M | -11M | -13.1M | -12.7M | -14.1M |
| Total debt | 10.3M | 9.6M | 19.4M | 18.5M | 18.6M | 19.2M |
| Net debt | 8M | 6.9M | 17.1M | 17.8M | 17.9M | 18.4M |
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 | -11.5M | -13.1M | -13.6M | -29.4M | -10M | -137K |
| Depreciation & amortization | 2.3M | 3.6M | 3.1M | 3M | 2.1M | 1.3M |
| Stock-based compensation | 2M | 2.6M | 3.2M | 2M | 362K | 82K |
| Change in working capital | 6.2M | 4.1M | 7.3M | 10.7M | 8.7M | 7.5M |
| Operating cash flow | 700K | -2.9M | 187K | -13.8M | 1.1M | 8.8M |
| Capital expenditure | -4K | -299K | -451K | -479K | -42K | 26K |
| Investing cash flow | 94K | -9.2M | -4.2M | -331K | -32K | -3.1M |
| Dividends paid | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — |
| Financing cash flow | 3.4M | 14M | -7.3M | -1.9M | -2.9M | -1.7M |
| Net change in cash | 4.2M | 1.9M | -11.2M | -16.1M | -1.8M | 4M |
| Free cash flow | -424K | -3.5M | 752K | -309K | 2.3M | 7.5M |
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 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 |
|---|---|---|---|---|---|---|
| Net income | -3.3M | -2.1M | 1.6M | -750K | 647K | -1.7M |
| Depreciation & amortization | 535K | 469K | 400K | 346K | 200K | 292K |
| Stock-based compensation | 6K | 2K | 64K | 0 | 16K | — |
| Change in working capital | 3.5M | 2.8M | 3.7M | 388K | 2.9M | 2.1M |
| Operating cash flow | 749K | 1.2M | 5.8M | -16K | 3.7M | 757K |
| Capital expenditure | 65K | -31K | -44K | -4K | 105K | -26K |
| Investing cash flow | 55K | -31K | -44K | -4K | -585K | -26K |
| Dividends paid | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — |
| Financing cash flow | -512K | -1.4M | -368K | -297K | -655K | -678K |
| Net change in cash | 292K | -301K | 5.4M | -317K | 2.5M | 53K |
| Free cash flow | 2.2M | 987K | 5M | -644K | 2.1M | -96K |