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 | — | -$0.06 | — | — | $1.4M | — |
| FY24 | — | -$0.36 | — | — | $643K | — |
| FY23 | — | -$4.77 | — | — | $1M | — |
| FY22 | — | -$7.55 | — | — | $1.2M | — |
| FY21 | — | -$0.73 | — | — | $1.1M | — |
| FY20 | — | -$0.7 | — | — | $824K | — |
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 | $824K | $1.1M | $1.2M | $1M | $643K | $1.4M |
| YoY change | — | +32.5% | +5.61% | -11.4% | -37% | +111.4% |
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 | 824K | 1.1M | 1.2M | 1M | 643K | 1.4M |
| Cost of revenue | 611.7K | 1.2M | 1.5M | 1.1M | 924K | 1.9M |
| Gross profit | 212.4K | -113.4K | -360K | -129K | -281K | -503K |
| Gross margin | 25.8% | -10.4% | -31.2% | -12.6% | -43.7% | -37% |
| Research & development | 307.3K | 642.8K | 1.6M | 2.1M | 1.5M | 1.5M |
| Selling, general & administrative | 2.4M | 1.8M | 13.8M | 13.9M | 7.9M | 7.6M |
| Operating expenses | 3.1M | 2.6M | 15.8M | 16.2M | 9.3M | 9.2M |
| Operating income | -2.9M | -2.7M | -15.8M | -16.1M | -9.6M | -9.7M |
| Operating margin | -355.8% | -248.3% | -1.4K% | -1.6K% | -1.5K% | -711.3% |
| Non-operating income, net | -83K | -34.9K | -14.6M | -17.7M | -375K | 6.9M |
| Pretax income | -2.8M | -2.9M | -30.4M | -33.8M | -10.1M | -2.8M |
| Income tax | — | — | 17K | 18K | 2K | 1K |
| Net income | -2.8M | -2.9M | -30.5M | -33.8M | -10.1M | -2.8M |
| Net margin | -342.4% | -269.4% | -2.6K% | -3.3K% | -1.6K% | -206.1% |
| EBITDA | -2.9M | -2.7M | -30.4M | -33.9M | -10.4M | -8.3M |
| EPS | -0.7 | -0.73 | -7.55 | -4.77 | -0.36 | -0.06 |
| Diluted EPS | -0.7 | -0.73 | -7.55 | -4.77 | -0.36 | -0.06 |
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 | 326K | 340.7K | 248K | 227K | 142K | 26K | 137K | 155K | 177K | 891K | 96K | 292K |
| Cost of revenue | 293K | 337.3K | 317K | 329K | 226K | 52K | 361K | 396K | 399K | 726K | 476K | 857K |
| Gross profit | 33K | 3.4K | -69K | -102K | -84K | -26K | -224K | -241K | -222K | 165K | -380K | -565K |
| Gross margin | 10.1% | 0.99% | -27.8% | -44.9% | -59.2% | -100% | -163.5% | -155.5% | -125.4% | 18.5% | -395.8% | -193.5% |
| Research & development | 405K | 498.5K | 445K | 383K | 298K | 340K | 348K | 382K | 323K | 443K | 311K | 324K |
| Selling, general & administrative | 1.6M | 7M | 1.6M | 2M | 2M | 2.3M | 1.7M | 1.4M | 1.7M | 2.8M | 1.9M | 1.4M |
| Operating expenses | 2.9M | 7.5M | 2M | 2.4M | 2.3M | 2.6M | 2M | 1.8M | 2M | 3.2M | 2.2M | 1.7M |
| Operating income | -1.9M | -7.5M | -2.1M | -2.5M | -2.4M | -2.7M | -2.2M | -2.1M | -2.2M | -3.1M | -2.6M | -2.3M |
| Operating margin | -591.1% | -2.2K% | -847.2% | -1.1K% | -1.7K% | -10.3K% | -1.6K% | -1.3K% | -1.3K% | -345.9% | -2.7K% | -774.3% |
| Non-operating income, net | -11.9M | -10.5M | 34K | -1.1M | 365K | 321K | 353K | 5.1M | 1.5M | -49K | 109K | 98K |
| Pretax income | -13.8M | -18.2M | -2.1M | -3.6M | -2.1M | -2.4M | -1.9M | 3M | -741K | -3.1M | -2.5M | -2.2M |
| Income tax | 87.7K | — | — | — | — | — | — | — | — | — | — | — |
| Net income | -13.8M | -18.2M | -2.1M | -3.6M | -2.1M | -2.4M | -1.9M | 3M | -741K | -3.1M | -2.5M | -2.2M |
| Net margin | -4.2K% | -5.4K% | -850.4% | -1.6K% | -1.4K% | -9.1K% | -1.4K% | 1.9K% | -418.6% | -352.4% | -2.6K% | -743.8% |
| EBITDA | -9.5M | -18M | -2.1M | -3.4M | -2M | -2.9M | -2M | -919K | -2.2M | -3.1M | -2.5M | -2.3M |
| EPS | -0.43 | — | -0.09 | -0.15 | -0.07 | — | -0.06 | 0.07 | -0.01 | — | -0.04 | -0.04 |
| Diluted EPS | -0.43 | — | -0.09 | -0.15 | -0.07 | — | -0.06 | 0.07 | -0.01 | — | -0.04 | -0.04 |
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 | — | 40.7M | 42.1M | — | — | — | 37.5M |
| Enterprise value | — | 44.9M | 68.1M | — | — | — | 38.9M |
| Shares outstanding | 4M | 4M | 4M | 7.1M | 28.1M | 44.5M | 44.5M |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | 45 |
| P/S | — | 37.3 | 36.5 | — | — | — | 26.5 |
| P/B | — | -7.14 | -1.6 | — | — | — | -10.6 |
| EV/EBITDA | — | -16.5 | -2.24 | — | — | — | -3.85 |
| EV/Sales | — | 41.2 | 59 | — | — | — | 26.7 |
| Earnings yield | — | — | — | — | — | — | 2.22% |
| FCF yield | — | -4.6% | -11.3% | — | — | — | -11.3% |
| PEG | — | — | — | — | — | — | -0.29 |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Gross margin | 25.8% | -10.4% | -31.2% | -12.6% | -43.7% | -37% | -193.5% |
| Operating margin | -355.8% | -248.3% | -1.4K% | -1.6K% | -1.5K% | -711.3% | -774.3% |
| Net margin | -342.4% | -269.4% | -2.6K% | -3.3K% | -1.6K% | -206.1% | -37% |
| ROE | 98.7% | 51.6% | 115.5% | 251.3% | 63.5% | 94.5% | 94.5% |
| ROA | -860.5% | -333% | -2.4K% | -7.3K% | -271.8% | -130.2% | -342.1% |
| ROIC | — | — | 4.1K% | 191.3% | 94.1% | 277.3% | 277.3% |
| Return on tangible assets | -860.5% | -333% | -2.4K% | -7.3K% | -271.8% | -130.2% | -623.6% |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Current ratio | 0.19 | 0.18 | 0.01 | 0.03 | 0.19 | 0.43 | 0.28 |
| Quick ratio | 0.19 | 0.18 | 0.01 | 0.03 | 0.19 | 0.43 | 0.28 |
| Debt / equity | -0.91 | -0.86 | -1 | -0.38 | -0.55 | -0.19 | -0 |
| Debt / assets | 7.92 | 5.55 | 20.4 | 11 | 2.35 | 0.26 | 0.51 |
| Net debt / EBITDA | -0.86 | -1.54 | -0.85 | -0.15 | -0.55 | 0.06 | -0.03 |
| Interest coverage | — | -14.1 | — | -3.1K | -67.9 | -40.8 | -256.7 |
| Effective tax rate | — | — | 0% | 0% | 0% | 0% | 0% |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Revenue per share | 0.2 | 0.27 | 0.29 | 0.14 | 0.02 | 0.03 | 0.03 |
| EPS (basic) | -0.7 | -0.73 | -7.55 | -4.77 | -0.36 | -0.06 | -0.06 |
| EPS (diluted) | -0.7 | -0.73 | -7.55 | -4.77 | -0.36 | -0.06 | -0.17 |
| Book value per share | -0.71 | -1.41 | -6.54 | -1.9 | -0.57 | -0.07 | -0.06 |
| FCF per share | -0.53 | -0.46 | -1.18 | -0.68 | -0.25 | -0.17 | -0.12 |
| Cash per share | 0.02 | 0.17 | 0.07 | 0.01 | 0.11 | 0.02 | 0.01 |
| Capex per share | — | 0.01 | 0.01 | 0.01 | 0 | — | — |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Capex / revenue | — | 2.74% | 5.03% | 4.31% | 7.93% | — | — |
| Capex / operating cash flow | — | -1.35% | -0.22% | -0.14% | -0.81% | — | — |
| Payout ratio | — | — | — | — | — | — | 0% |
| Q4 24 |
|---|
| Q1 25 |
|---|
| Q2 25 |
|---|
| Q3 25 |
|---|
| Q4 25 |
|---|
| Q1 26 |
|---|
| Q2 26 |
|---|
| Revenue | $326K | $340.7K | $248K | $227K | $142K | $26K | $137K | $155K | $177K | $891K | $96K | $292K |
| YoY change | +InfinityT% | -70.4% | +24% | +31.2% | -56.4% | -92.4% | -44.8% | -31.7% | +24.6% | +3.3K% | -29.9% | +88.4% |
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 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|
| Cash & short-term investments | 79.2K | 699.3K | 271K | 47K | 3M | 1.1M |
| Receivables | 195.4K | 91.7K | 19K | 152K | 213K | 495K |
| Inventory | — | — | — | — | — | — |
| Total current assets | 293.6K | 833.3K | 391K | 365K | 3.6M | 2.1M |
| Property, plant & equipment | 34.3K | 49.8K | 83K | 99K | 108K | 56K |
| Goodwill & intangibles | — | — | — | — | — | — |
| Total assets | 327.9K | 883.1K | 1.3M | 464K | 3.7M | 2.2M |
| Accounts payable | — | — | 1.2M | 4.7M | 6.4M | — |
| Short-term debt | 1.1M | 3.4M | 24.7M | 4.6M | 8.8M | 350K |
| Total current liabilities | 1.5M | 4.8M | 26.1M | 13.4M | 19.2M | 4.8M |
| Long-term debt | 1.5M | 1.5M | 1.5M | 465K | — | 220K |
| Total liabilities | 3.2M | 6.6M | 27.6M | 13.9M | 19.7M | 5.1M |
| Shareholders' equity | -2.9M | -5.7M | -26.4M | -13.4M | -15.9M | -3M |
| Total debt | 2.6M | 4.9M | 26.2M | 5.1M | 8.8M | 570K |
| Net debt | 2.5M | 4.2M | 26M | 5M | 8.6M | -15K |
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 | 611.8K | 47K | 174K | 407K | 4.1M | 3M | 937K | 1.7M | 749K | 1.1M | 299K | 358K |
| Receivables | 86.4K | 152K | 253K | 75K | 63K | 213K | 247K | 254K | 582K | 495K | 697K | 664K |
| Inventory | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 2.8M | 365K | 656K | 956K | 4.3M | 3.6M | 1.6M | 2.3M | 1.4M | 2.1M | 1.5M | 1.3M |
| Property, plant & equipment | 92.4K | 99K | — | — | — | 108K | — | — | — | 56K | — | — |
| Goodwill & intangibles | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | 2.9M | 464K | 750K | 1M | 4.4M | 3.7M | 1.7M | 2.3M | 1.5M | 2.2M | 1.5M | 1.4M |
| Accounts payable | — | 4.7M | 5.9M | 6.5M | 6.2M | 6.4M | 6.9M | — | — | — | — | — |
| Short-term debt | 12.4M | 4.6M | 5M | 9.7M | 8.8M | 8.8M | 7.5M | 400K | 388K | 350K | 661K | 569K |
| Total current liabilities | 14.3M | 13.4M | 14.7M | 20M | 18.6M | 19.2M | 18.2M | 6.2M | 5M | 4.8M | 5.4M | 4.7M |
| Long-term debt | 2.2M | 465K | 1.8M | — | — | — | — | — | — | 220K | 176K | 132K |
| Total liabilities | 17.7M | 13.9M | 16.5M | 20.2M | 18.7M | 19.7M | 18.3M | 6.2M | 5.4M | 5.1M | 5.6M | 4.9M |
| Shareholders' equity | -14.7M | -13.4M | -15.7M | -19.2M | -14.3M | -15.9M | -16.6M | -3.8M | -3.9M | -3M | -4.1M | -3.5M |
| Total debt | 14.6M | 5.1M | 6.8M | 9.7M | 8.8M | 8.8M | 7.5M | 400K | 388K | 570K | 837K | 701K |
| Net debt | 14M | 5M | 6.6M | 9.3M | 6.9M | 8.6M | 7.4M | 278K | 239K | -15K | 604K | 343K |
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 | -2.8M | -2.9M | -30.5M | -33.8M | -10.1M | -2.8M |
| Depreciation & amortization | 13.9K | 14.5K | 25K | 28K | 57K | 65K |
| Stock-based compensation | 606.5K | 97.9K | 1.9M | 1.5M | 628K | 2M |
| Change in working capital | -100.2K | 616.4K | 585.9K | 1.3M | 1.7M | -454K |
| Operating cash flow | -2.3M | -2.2M | -26.8M | -31M | -6.3M | -7.5M |
| Capital expenditure | — | -29.9K | -58K | -44K | -51K | — |
| Investing cash flow | — | -29.9K | -58K | -44K | -2M | 2.3M |
| Dividends paid | — | — | — | — | — | — |
| Share repurchases | — | — | -88.5M | -28.8M | -200K | — |
| Financing cash flow | 1.3M | 2.5M | -84.2M | -34.8M | 8.4M | 5.5M |
| Net change in cash | -970K | 252.4K | -111.1M | -65.8M | 102K | 366K |
| Free cash flow | -2.1M | -1.9M | -4.8M | -4.8M | -7M | -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 | 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 | -13.8M | -18.2M | -2.1M | -3.6M | -2.1M | -2.4M | -1.9M | 3M | -741K | -3.1M | -2.5M | -2.2M |
| Depreciation & amortization | 6K | 8.5K | 11K | 10K | 10K | 26K | 12K | 34K | 10K | 9K | 11K | 5K |
| Stock-based compensation | 798K | -888.6K | 137K | 103K | 207K | 181K | 208K | 197K | 142K | 1.5M | 431K | 463K |
| Change in working capital | -502.7K | 30.2M | 101K | 241K | -79K | -17K | -92K | 2K | -102K | -262K | 88K | 37K |
| Operating cash flow | -13.5M | 11.1M | -1.8M | -3.2M | -1.9M | -1.4M | -1.3M | -2.4M | -1.7M | -1.7M | -1.5M | -1.9M |
| Capital expenditure | -21K | -15K | -6K | -1K | -9K | -35K | -5K | — | — | — | — | — |
| Investing cash flow | -21K | -15K | -6K | -1K | -2.3M | 365K | 1.9M | — | 1.1M | -46K | 354K | 65K |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | -100K | — | — | — | — | — | — |
| Financing cash flow | 2.5M | 15.1M | 1.7M | 2M | 7M | -130K | 0 | -430K | 665K | 2.4M | 838K | 939K |
| Net change in cash | -11M | 26.2M | -163K | -1.2M | 2.7M | -1.1M | 670K | -2.8M | 26K | 644K | -350K | -871K |
| Free cash flow | -1.1M | 12.9M | -1.6M | -1.5M | -1.9M | -2.1M | -2M | -2.4M | -1.7M | -1.7M | -1.5M | -1.9M |