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 % |
|---|---|---|---|---|---|---|
| Q1 26 | -$0.17 | -$0.15 | +11.8% | — | $542K | — |
| Q3 25 | -$0.13 | -$0.12 | +7.7% | — | $622K | — |
| Q2 25 | -$0.14 | -$0.15 | -7.1% | — | $455K | — |
| Q1 25 | -$0.11 | -$0.18 | -63.6% | — | $688K | — |
| Q4 24 | -$0.12 | -$0.05 | +58.3% | — | $592K | — |
| Q3 24 | -$0.26 | -$0.25 | +3.8% | — | $665K | — |
| Q2 24 | -$0.36 | -$0.32 | +11.1% | — | $1M | — |
| Q1 24 | -$0.41 | -$0.4 | +2.4% | — | $921K | — |
| Q4 23 | -$1.75 | -$17.4 | -894.3% | — | -$6.2M | — |
| Q3 23 | -$3 | -$2.31 | +23.0% | — | $1.3M | — |
| Q2 23 | -$0.06 | -$0.06 | 0.0% | — | $1.3M | — |
| Q1 23 | -$0.07 | -$0.04 | +42.9% | — | $1.3M | — |
| Q4 22 | -$4 | -$3.75 | +6.3% | — | $4.8M | — |
| Q2 22 | -$0.05 | -$0.17 | -240.0% | — | $5.5M | — |
| Q1 22 | -$0.04 | -$0.15 | -275.0% | — | $6.8M | — |
| Q4 21 | -$0.04 | -$0.42 | -950.0% | — | $5.4M | — |
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 | — | -$0.57 | — | — | $2.6M | — |
| FY24 | — | -$0.94 | — | — | $3.2M | — |
| FY23 | — | -$22.2 | — | — | $4.8M | — |
| FY22 | — | -$25.5 | — | — | $6.5M |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $26.7M | $30.9M | $19.1M | $10M | $10.6M | $6.5M | $4.8M | $3.2M | $2.6M |
| YoY change | — | +15.6% | -38% | -47.8% | +6.42% | -38.7% | -25.9% | -34% | -19.9% |
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 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 26.7M | 30.9M | 19.1M | 10M | 10.6M | 6.5M | 4.8M | 3.2M | 2.6M |
| Cost of revenue | 15.7M | 11.8M | 9M | 3.4M | 7M | 3M | 3.1M | 1.7M | 1.3M |
| Gross profit | 11M | 19.1M | 10.1M | 6.6M | 3.6M | 3.5M | 1.7M | 1.5M | 1.3M |
| Gross margin | 41.2% | 61.8% | 52.9% | 66.4% | 33.9% | 53.8% | 34.9% | 45.6% | 50.6% |
| Research & development | 11.1M | 7M | 4.3M | 2.6M | 4.2M | 6.1M | 4.4M | 2.3M | 3.2M |
| Selling, general & administrative | 25.5M | 19M | 18.1M | 17M | 16.3M | 21.4M | 17.1M | 13.1M | 18.6M |
| Operating expenses | 36.6M | 25.9M | 22.4M | 19.6M | 20.5M | 27.5M | 21.6M | 15.3M | 21.8M |
| Operating income | -25.6M | -6.9M | -12.3M | -13M | -16.8M | -24M | -19.9M | -13.9M | -20.5M |
| Operating margin | -95.9% | -22.2% | -64.3% | -130% | -158.3% | -368.5% | -411.3% | -435.5% | -803.7% |
| Non-operating income, net | -13K | -2.6M | 27K | -5.8M | -32.6M | -19M | -20.3M | 2M | 4.9M |
| Pretax income | -26M | -10.2M | -12.9M | -22.2M | -53.9M | -45.4M | -41.9M | -10.3M | -11.4M |
| Income tax | -88K | -374K | 5K | 2K | -426K | 4K | 29K | 41K | -19K |
| Net income | -25.9M | -9.8M | -12.9M | -22.2M | -53.5M | -50.9M | -52.8M | -10.3M | -11.4M |
| Net margin | -97.1% | -31.7% | -67.2% | -222% | -502.9% | -780.5% | -1.1K% | -323.5% | -446.6% |
| EBITDA | -24.2M | -8.6M | -12M | -13M | -16.8M | -23.8M | -19.6M | -10.7M | -11.4M |
| EPS | -46.5 | -19 | -17.5 | -25 | -35.5 | -25.5 | -22.2 | -0.94 | -0.57 |
| Diluted EPS | -46.5 | -19 | -17.5 | -25 | -35.5 | -25.5 | -22.2 | -0.94 | -0.57 |
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 | 1.3M | -6.2M | 921K | 1M | 665K | 592K | 688K | 455K | 622K | 788K | 542K | 799K |
| Cost of revenue | 621K | -6.9M | 397K | 541K | 343K | 454K | 329K | 265K | 335K | 333K | 158K | 248K |
| Gross profit | 631K | 674K | 524K | 470K | 322K | 138K | 359K | 190K | 287K | 455K | 384K | 551K |
| Gross margin | 50.4% | -10.9% | 56.9% | 46.5% | 48.4% | 23.3% | 52.2% | 41.8% | 46.1% | 57.7% | 70.8% | 69% |
| Research & development | 1M | 423K | 484K | 496K | 612K | 673K | 813K | 970K | 679K | 701K | 878K | 1.5M |
| Selling, general & administrative | 3.8M | 526K | 2.9M | 2.9M | 2.9M | 4.4M | 4.4M | 3.5M | 3.1M | 7.7M | 3.5M | 5.1M |
| Operating expenses | 4.9M | 949K | 3.4M | 3.4M | 3.5M | 5M | 5.2M | 4.5M | 3.8M | 8.4M | 4.4M | 6.6M |
| Operating income | -4.2M | -275K | -2.9M | -2.9M | -3.2M | -4.9M | -4.8M | -4.3M | -3.5M | -7.9M | -4M | -6M |
| Operating margin | -338.3% | 4.44% | -312.1% | -290.2% | -479.7% | -826.2% | -699.7% | -936.3% | -562.7% | -1K% | -742.1% | -757.1% |
| Non-operating income, net | -9.2M | -11.5M | 690K | 72K | 59K | 1.3M | -19K | 27K | 23K | 4.8M | -20K | -9K |
| Pretax income | -13.7M | -12.1M | -2.3M | -2.6M | -2.8M | -2.6M | -3.7M | -3.1M | -2.4M | -2.1M | -3.2M | -5.2M |
| Income tax | 0 | 29K | 0 | 0 | 0 | 41K | 0 | 0 | 0 | -19K | 0 | 0 |
| Net income | -19M | -23M | -2.3M | -2.6M | -2.8M | -2.6M | -3.7M | -3.1M | -2.4M | -2.1M | -3.2M | -5.2M |
| Net margin | -1.5K% | 371.5% | -248.9% | -260.2% | -415% | -444.8% | -541.1% | -691% | -387.3% | -269.7% | -589.3% | -656.9% |
| EBITDA | -4.2M | -336K | -2.7M | -2.6M | -2.8M | -2.6M | -3.7M | -3.1M | -2.4M | -2.1M | -3.2M | -5.2M |
| EPS | -7.91 | — | -0.33 | -0.32 | -0.25 | — | -0.18 | -0.16 | -0.12 | — | -0.16 | -0.26 |
| Diluted EPS | -7.91 | — | -0.33 | -0.32 | -0.25 | — | -0.18 | -0.16 | -0.12 | — | -0.16 | -0.26 |
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 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|
| Market cap | 284.9M | 364.4M | — | — | — | — | — | — | — | 40.9M |
| Enterprise value | 286.4M | 365.6M | — | — | — | — | — | — | — | -51.4M |
| Shares outstanding | 558K | 511.1K | 737.6K | 885.4K | 1.5M | 2M | 2.4B | 11M | 20.2M | 20.2M |
| Metric | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | — | — | — | -3.51 |
| P/S | 10.7 | 11.8 | — | — | — | — | — | — | — | 14.7 |
| P/B | 36 | 62.5 | — | — | — | — | — | — | — | 0.46 |
| EV/EBITDA | -11.8 | -42.4 | — | — | — | — | — | — | — | 2.39 |
| EV/Sales | 10.7 | 11.8 | — | — | — | — | — | — | — | -18.7 |
| Earnings yield | — | — | — | — | — | — | — | — | — | -28.5% |
| FCF yield | -5.97% | -1.81% | — | — | — | — | — | — | — | -34.1% |
| PEG | — | — | — | — | — | — | — | — | — | -0.06 |
| Metric | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|
| Gross margin | 41.2% | 61.8% | 52.9% | 66.4% | 33.9% | 53.8% | 34.9% | 45.6% | 50.6% | 69% |
| Operating margin | -95.9% | -22.2% | -64.3% | -130% | -158.3% | -368.5% | -411.3% | -435.5% | -803.7% | -757.1% |
| Net margin | -97.1% | -31.7% | -67.2% | -222% | -502.9% | -780.5% | -1.1K% | -323.5% | -446.6% | 50.6% |
| ROE | -328.2% | -168.2% | -319.7% | 1.1K% | -82% | -204.5% | 460.7% | -9.62% | -11.8% | -13.7% |
| ROA | -76.3% | -26.6% | -44.3% | -69.7% | -54.6% | -92.8% | -784.6% | -8.99% | -9.43% | -13.3% |
| ROIC | -272.2% | -98.4% | -207.6% | -525.6% | -105.2% | -68.2% | 225.9% | 285.8% | 562% | 678.7% |
| Return on tangible assets | 132.5% | 62% | 55.6% | 110% | -213.5% | -6.5K% | -784.6% | -8.99% | -9.43% | -13.9% |
| Metric | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|
| Current ratio | 0.45 | 0.24 | 0.12 | 0.19 | 1.98 | 0.66 | 0.3 | 17.6 | 5.03 | 19.8 |
| Quick ratio | 0.45 | 0.24 | 0.12 | 0.19 | 1.89 | 0.55 | 0.3 | 17.6 | 5.03 | 19.8 |
| Debt / equity | 0.23 | 0.34 | 0.54 | -4.24 | 0.1 | 0.49 | -0.58 | 0.01 | 0.01 | 0.01 |
| Debt / assets | 0.05 | 0.05 | 0.08 | 0.26 | 0.07 | 0.22 | 0.98 | 0.01 | 0.01 | 0 |
| Net debt / EBITDA | -0.06 | -0.13 | -0.16 | -0.34 | 2.93 | -0.43 | -0.14 | 10.5 | 8.78 | 7.07 |
| Interest coverage | -64.6 | -13.1 | -21.1 | -5.5 | -11 | -17.9 | -23.2 | -75.1 | -355.9 | -360 |
| Effective tax rate | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Metric | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue per share | 47.9 | 60.4 | 26 | 11.3 | 7.05 | 3.29 | 0 | 0.29 | 0.13 | 0.14 |
| EPS (basic) | -46.5 | -19 | -17.5 | -25 | -35.5 | -25.5 | -22.2 | -0.94 | -0.57 | -0.57 |
| EPS (diluted) | -46.5 | -19 | -17.5 | -25 | -35.5 | -25.5 | -22.2 | -0.94 | -0.57 | -0.65 |
| Book value per share | 14.2 | 11.4 | 5.46 | -2.24 | 43.3 | 12.6 | -0 | 9.77 | 4.77 | 4.33 |
| FCF per share | -30.5 | -12.9 | -8.41 | -12.4 | -42.3 | -14.2 | -0.01 | -1.21 | -0.62 | -0.69 |
| Cash per share | 0.55 | 1.65 | 0.37 | 4.45 | 36.9 | 0.99 | 0 | 10.3 | 4.99 | 4.5 |
| Metric | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|
| Payout ratio | — | — | — | — | — | — | — | — | — | 0% |
| — |
| FY21 | — | -$35.5 | — | — | $10.6M | — |
| FY20 | — | -$25 | — | — | $10M | — |
| FY19 | — | -$17.5 | — | — | $19.1M | — |
| FY18 | — | -$19 | — | — | $30.9M | — |
| FY18 | — | -$1.65 | — | — | $0 | — |
| FY17 | — | -$46.5 | — | — | $26.7M | — |
| 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 | $1.3M | -$6.2M | $921K | $1M | $665K | $592K | $688K | $455K | $622K | $788K | $542K | $799K |
| YoY change | -73.7% | -229.8% | -31.5% | -21.9% | -46.9% | +109.6% | -25.3% | -55% | -6.47% | +33.1% | -21.2% | +75.6% |
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 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 308K | 844K | 276K | 3.9M | 55.7M | 2M | 3.9M | 113M | 100.6M |
| Receivables | 6.2M | 3.6M | 1.7M | 664K | 967K | 835K | 550K | 276K | 300K |
| Inventory | — | — | — | 0 | 2.6M | 2.8M | — | — | — |
| Total current assets | 6.9M | 4.7M | 2.3M | 4.9M | 60M | 16.9M | 5M | 113.8M | 120.1M |
| Property, plant & equipment | 128K | 66K | 48K | 13K | 1.3M | 2.5M | 1.5M | 864K | 563K |
| Goodwill & intangibles | 53.6M | 52.7M | 52.2M | 52M | 72.9M | 54.1M | 0 | — | — |
| Total assets | 34M | 36.9M | 29.1M | 31.8M | 98M | 54.8M | 6.7M | 114.8M | 120.9M |
| Accounts payable | 3.5M | 9.9M | 10.2M | 9.1M | 7M | 7.5M | 7.8M | 3.8M | 1.1M |
| Short-term debt | 1.8M | 2M | 1.1M | 4.4M | 5.3M | 10.4M | 5.6M | 313K | 342K |
| Total current liabilities | 15.2M | 20M | 19.8M | 26.5M | 30.3M | 25.6M | 16.5M | 6.5M | 23.9M |
| Long-term debt | — | — | 1.1M | 4M | 1.1M | 1.9M | 1M | 619K | 277K |
| Total liabilities | 26.1M | 31.1M | 25M | 33.8M | 32.7M | 30M | 18.2M | 7.6M | 24.6M |
| Shareholders' equity | 7.9M | 5.8M | 4M | -2M | 65.3M | 24.9M | -11.5M | 107.2M | 96.3M |
| Total debt | 1.8M | 2M | 2.2M | 8.4M | 6.5M | 12.3M | 6.6M | 932K | 619K |
| Net debt | 1.5M | 1.1M | 1.9M | 4.5M | -16.7M | 10.3M | 2.7M | -112M | -100M |
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 | 2.9M | 3.9M | 21.6M | 20.4M | 35.5M | 113M | 109.7M | 106.3M | 103.8M | 100.6M | 97.9M | 92.1M |
| Receivables | 1.1M | 550K | 637K | 972K | 1.1M | 276K | 697K | 379K | 350K | 300K | 474K | 191K |
| Inventory | 899K | — | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 5.5M | 5M | 22.6M | 21.7M | 39.8M | 113.8M | 111.1M | 107.2M | 104.8M | 120.1M | 99.1M | 93M |
| Property, plant & equipment | 165K | 1.5M | 1.4M | 1.1M | 970K | 864K | 790K | 715K | 639K | 563K | 486K | 409K |
| Goodwill & intangibles | 37.5M | 0 | — | — | — | — | — | — | — | — | — | — |
| Total assets | 27.8M | 6.7M | 24.3M | 23.1M | 41M | 114.8M | 112M | 108.1M | 105.6M | 120.9M | 99.7M | 93.5M |
| Accounts payable | 8M | 7.8M | 5.1M | 4.8M | 4.8M | 3.8M | 4.1M | 3.6M | 3.2M | 1.1M | 2.6M | 1.8M |
| Short-term debt | 6.6M | 5.6M | 656K | 429K | 339K | 313K | 320K | 327K | 335K | 342K | 350K | 358K |
| Total current liabilities | 18.2M | 16.5M | 8.2M | 7.7M | 10.5M | 6.5M | 7.2M | 6.2M | 6.2M | 23.9M | 5.8M | 4.7M |
| Long-term debt | 2.3M | 1M | 857K | 780K | 700K | 619K | 537K | 453K | 366K | 277K | 187K | 95K |
| Total liabilities | 21.3M | 18.2M | 9.6M | 9M | 11.9M | 7.6M | 8.4M | 7.5M | 7.3M | 24.6M | 6.5M | 5M |
| Shareholders' equity | 6.6M | -11.5M | 14.6M | 14.1M | 29.1M | 107.2M | 103.6M | 100.6M | 98.3M | 96.3M | 93.2M | 88.5M |
| Total debt | 8.9M | 6.6M | 1.5M | 1.2M | 1M | 932K | 857K | 780K | 701K | 619K | 537K | 453K |
| Net debt | 6M | 2.7M | -20.1M | -19.2M | -34.5M | -112M | -108.9M | -105.5M | -103.1M | -100M | -97.3M | -91.7M |
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 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|
| Net income | -25.9M | -9.8M | -12.9M | -22.2M | -53.5M | -50.9M | -52.8M | -10.3M | -11.4M |
| Depreciation & amortization | 1.4M | 434K | 327K | 153K | — | — | — | — | — |
| Stock-based compensation | 118K | 450K | 1.8M | 4.5M | 4.9M | 3M | 4.1M | 1.7M | 455K |
| Change in working capital | 1.3M | 6.6M | 3.1M | -826K | -3.7M | -2K | -103K | -217K | 172K |
| Operating cash flow | -23.1M | -2.7M | -7.6M | -16.2M | -50.6M | -47.2M | -47.4M | -9.7M | -12.5M |
| Capital expenditure | — | — | — | — | — | — | — | — | — |
| Investing cash flow | 0 | 1.3M | 176K | 0 | -46.4M | -2M | — | — | — |
| Dividends paid | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | -6.2M | — | — | 0 | -502K | 0 | — |
| Financing cash flow | 4.6M | 6.7M | -6.3M | 14.5M | 83.2M | 8M | 4.9M | 122.3M | 80K |
| Net change in cash | -18.5M | 5.3M | -13.7M | -1.7M | -13.8M | -41.2M | -42.4M | 112.6M | -12.4M |
| Free cash flow | -17M | -6.6M | -6.2M | -11M | -63.8M | -28M | -18.4M | -13.3M | -12.5M |
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 | -13.7M | -23M | -2.3M | -2.6M | -2.8M | -2.6M | -3.7M | -3.1M | -2.4M | -2.1M | -3.2M | -5.2M |
| Depreciation & amortization | — | — | — | — | — | — | — | — | — | — | — | — |
| Stock-based compensation | 838K | 409K | 630K | 660K | 242K | 124K | 86K | 118K | 134K | 117K | 112K | 524K |
| Change in working capital | 572K | 1.7M | -368K | -476K | 240K | 387K | -222K | 283K | 389K | -278K | 43K | -385K |
| Operating cash flow | -12.1M | -21.2M | -1.9M | -2.5M | -2.2M | -3.1M | -3.8M | -3.5M | -2.5M | -3.2M | -2.7M | -5.7M |
| Capital expenditure | — | — | — | — | — | — | — | — | — | — | — | — |
| Investing cash flow | 0 | — | — | — | — | — | — | — | — | — | — | — |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | 0 | 0 | 0 | 0 | 0 | 0 | — | — | — | — | — | — |
| Financing cash flow | 4.3M | 3.6M | 23.2M | 1.4M | 17.6M | 80.1M | 80K | 0 | 0 | 0 | 0 | 0 |
| Net change in cash | -7.8M | -17.6M | 21.3M | -1.1M | 15.3M | 77.1M | -3.7M | -3.5M | -2.5M | -3.2M | -2.7M | -5.7M |
| Free cash flow | -3.3M | -2.6M | -5.5M | -2.7M | -2.4M | -2.7M | -3.3M | -3.5M | -2.5M | -3.2M | -2.7M | -5.7M |