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 % |
|---|---|---|---|---|---|---|
| Q4 24 | -$7.25 | -$13.3 | -82.8% | — | — | — |
| Q3 24 | -$19.3 | -$9.25 | +51.9% | — | — | — |
| Q2 24 | -$36 | -$42.3 | -17.4% | — | — | — |
| Q1 24 | -$27.8 | -$54.3 | -95.5% | — | — | — |
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 | — | -$1.56 | — | — | $0 | — |
| FY24 | — | -$83.5 | — | — | $5.1M | — |
| FY23 | — | -$6.35 | — | — | $5.8M | — |
| FY22 | — | -$9.68 | — | — | $6M | — |
| FY21 | — | -$8.25 | — | — | $7.8M | — |
| FY20 | — | -$38.5 | — | — | $9.6M | — |
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 | $9.6M | $7.8M | $6M | $5.8M | $5.1M | $0 |
| YoY change | — | -18.3% | -23.3% | -2.83% | -12.2% | -100% |
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 | $725.4K |
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 | 9.6M | 7.8M | 6M | 5.8M | 5.1M | 0 |
| Cost of revenue | 4M | 1.6M | 2.3M | 1.6M | 1.2M | — |
| Gross profit | 5.5M | 6.2M | 3.7M | 4.2M | 3.9M | 0 |
| Gross margin | 57.7% | 79.5% | 61.8% | 72% | 76.3% | — |
| Research & development | 459.6K | 1.8M | 1.7M | 2.4M | 2.6M | — |
| Selling, general & administrative | 15.7M | 15.6M | 12.2M | 9.3M | 8.7M | 4.6M |
| Operating expenses | 16.1M | 17.4M | 13.9M | 11.7M | 11.4M | 4.6M |
| Operating income | -17.3M | -18M | -15.8M | -10.8M | -10.3M | -4.6M |
| Operating margin | -180.8% | -231.1% | -264.4% | -184.8% | -201.4% | — |
| Non-operating income, net | -1.7M | 9.4M | -3.6M | 2.6M | -3.8M | -115.6K |
| Pretax income | -22M | -9M | -20M | -8.2M | -14.3M | -4.5M |
| Income tax | -1.4M | 0 | 0 | 0 | 0 | 0 |
| Net income | -20.6M | -9M | -20M | -8.2M | -14.3M | 1.9M |
| Net margin | -215.3% | -115% | -334.4% | -140.2% | -280.1% | — |
| EBITDA | -10.6M | -11.2M | -6.7M | -17.9M | -7M | -4.5M |
| EPS | -38.5 | -8.25 | -9.68 | -6.35 | -83.5 | -1.56 |
| Diluted EPS | -38.5 | -8.25 | -9.68 | -6.35 | -83.5 | -1.56 |
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 | 725.4K | 0 | 0 | 0 | 0 | 0 |
| Cost of revenue | 264.8K | — | — | — | — | — |
| Gross profit | 460.6K | — | — | — | — | — |
| Gross margin | 63.5% | — | — | — | — | — |
| Research & development | 101.9K | — | — | — | — | — |
| Selling, general & administrative | 1.4M | 1.5M | 1.8M | 990.7K | 391.5K | 1M |
| Operating expenses | 1.6M | 1.5M | 1.8M | 990.7K | 391.5K | 1M |
| Operating income | -1.7M | -1.5M | -1.8M | -990.7K | -391.5K | -1M |
| Operating margin | -240.8% | — | — | — | — | — |
| Non-operating income, net | -7.4M | 211K | -329.3K | 1K | 1.7K | — |
| Pretax income | -9.3M | -1.2M | -2M | -922.7K | -336.5K | -987K |
| Income tax | 0 | 0 | 0 | 0 | 0 | 0 |
| Net income | -9.3M | -2.3M | 5.4M | -922.7K | -336.5K | -987K |
| Net margin | -1.3K% | — | — | — | — | — |
| EBITDA | -1.1M | -1.7M | -1.5M | -991.7K | -393.2K | -1M |
| EPS | — | -9.37 | -1.29 | -0.03 | — | -0.03 |
| Diluted EPS | — | -9.37 | -1.29 | -0.03 | — | -0.03 |
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 | — | — | — | — | — | — | 211.9K |
| Enterprise value | — | — | — | — | — | — | -4.2M |
| Shares outstanding | 534.1K | 1.1M | 2.1M | 2.2M | 321K | 28.1M | 28.1M |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | 0 |
| P/B | — | — | — | — | — | — | 0.12 |
| EV/EBITDA | — | — | — | — | — | — | 0.92 |
| Earnings yield | — | — | — | — | — | — | 132.8K% |
| FCF yield | — | — | — | — | — | — | -10.1K% |
| PEG | — | — | — | — | — | — | -0 |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Gross margin | 57.7% | 79.5% | 61.8% | 72% | 76.3% | — | — |
| Operating margin | -180.8% | -231.1% | -264.4% | -184.8% | -201.4% | — | 0% |
| Net margin | -215.3% | -115% | -334.4% | -140.2% | -280.1% | — | 0% |
| ROE | -117.8% | -25.3% | -120% | -65.4% | 191.7% | 66.7% | -1.5K% |
| ROA | -29.5% | -13.3% | -61.8% | -24.2% | -134.6% | 37.1% | -23.9% |
| ROIC | -230.3% | -149.1% | -92.3% | -145.1% | 271.6% | 204.8% | 163.1% |
| Return on tangible assets | -372.1% | -21.3% | -99.3% | -32.9% | -192.7% | 37.1% | 72.5% |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Current ratio | 0.62 | 0.99 | 2.08 | 1.89 | 0.4 | 2.25 | 1.68 |
| Quick ratio | 0.6 | 0.97 | 1.82 | 1.74 | 0.33 | 2.25 | 1.68 |
| Debt / equity | 0.41 | 0.01 | 0.59 | 0.66 | -0.99 | — | 0 |
| Debt / assets | 0.1 | 0.01 | 0.3 | 0.24 | 0.69 | — | — |
| Net debt / EBITDA | 0.94 | 2.1 | -0.07 | 0.28 | -0.53 | — | — |
| Interest coverage | -6.22 | -23.4 | -32.6 | -14.2 | -24.5 | — | — |
| Effective tax rate | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Revenue per share | 17.9 | 7.17 | 2.89 | 2.68 | 15.9 | 0 | 0 |
| EPS (basic) | -38.5 | -8.25 | -9.68 | -6.35 | -83.5 | -1.56 | -1.56 |
| EPS (diluted) | -38.5 | -8.25 | -9.68 | -6.35 | -83.5 | -1.56 | 6.64 |
| Book value per share | 32.7 | 32.6 | 8.07 | 5.74 | -23.3 | 0.1 | 0.04 |
| FCF per share | -28.7 | -10.9 | -6.18 | -3.5 | -8.18 | -0.24 | -0.13 |
| Cash per share | 32.1 | 21.9 | 4.55 | 6.13 | 11.6 | 0.18 | 0.1 |
| Capex per share | 0.01 | 0 | — | — | 0.08 | — | — |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Capex / revenue | 0.05% | 0% | — | — | 0.48% | — | — |
| Capex / operating cash flow | -0.03% | 0% | — | — | -0.28% | — | — |
| Payout ratio | — | — | — | — | — | — | 0% |
| $0 |
| $0 |
| $0 |
| $0 |
| $0 |
| YoY change | — | — | — | — | -100% | 0% |
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 | 17.1M | 23.8M | 9.4M | 13.3M | 3.7M | 5.1M |
| Receivables | 5.2M | 2.5M | 2.1M | 2.2M | 416.1K | — |
| Inventory | 760.5K | 519.6K | 1.8M | 1.6M | 1.3M | — |
| Total current assets | 25.9M | 30.5M | 14.7M | 20.4M | 7.3M | 5.2M |
| Property, plant & equipment | 643.8K | 525K | 397.6K | 255.2K | 136.7K | — |
| Goodwill & intangibles | 64.3M | 25.3M | 12.2M | 9M | 3.2M | — |
| Total assets | 69.9M | 67.4M | 32.4M | 33.8M | 10.6M | 5.2M |
| Accounts payable | 5.6M | 4.6M | 1.8M | 1.7M | 2.3M | 83.9K |
| Short-term debt | 7.2M | — | 1.2M | 1.3M | 7.3M | — |
| Total current liabilities | 41.9M | 31M | 7.1M | 10.8M | 18M | 2.3M |
| Long-term debt | — | 405K | 8.7M | 7M | 75.2K | — |
| Total liabilities | 52.4M | 31.8M | 15.7M | 21.3M | 18.1M | 2.3M |
| Shareholders' equity | 17.5M | 35.5M | 16.7M | 12.5M | -7.5M | 2.9M |
| Total debt | 7.2M | 405K | 9.9M | 8.3M | 7.4M | — |
| Net debt | -10M | -23.4M | 456.5K | -5.1M | 3.7M | — |
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 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 |
|---|---|---|---|---|---|---|
| Cash & short-term investments | 3.7M | 8.9M | 7.3M | 6.1M | 5.1M | 4.4M |
| Receivables | 416.1K | 443.6K | — | — | — | — |
| Inventory | 1.3M | 1.3M | — | — | — | — |
| Total current assets | 7.3M | 12.6M | 7.4M | 6.1M | 5.2M | 4.4M |
| Property, plant & equipment | 136.7K | 21.7K | — | — | — | — |
| Goodwill & intangibles | 3.2M | 3M | — | — | — | — |
| Total assets | 10.6M | 15.8M | 7.4M | 6.1M | 5.2M | 4.4M |
| Accounts payable | 2.3M | 2.5M | 970K | 421.1K | 83.9K | 133.3K |
| Short-term debt | 7.3M | 7.2M | — | — | — | — |
| Total current liabilities | 18M | 18.8M | 2.9M | 2.8M | 2.3M | 2.6M |
| Long-term debt | 75.2K | — | — | — | — | — |
| Total liabilities | 18.1M | 27.2M | 2.9M | 2.8M | 2.3M | 2.6M |
| Shareholders' equity | -7.5M | -9.6M | 4.4M | 3.4M | 2.9M | 1.8M |
| Total debt | 7.4M | 7.2M | — | — | — | — |
| Net debt | 3.7M | -1.7M | — | — | — | — |
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 | -20.6M | -9M | -20M | -8.2M | -14.3M | 2.5M |
| Depreciation & amortization | 6.7M | 6.9M | 5.7M | 3.4M | 2.9M | — |
| Stock-based compensation | 0 | 1.3M | 1.2M | 417.2K | 197.2K | 304.6K |
| Change in working capital | -179.9K | 1.7M | -3.1M | 31.5K | 2.3M | -680.5K |
| Operating cash flow | -13.5M | 1.1M | -19.5M | 6.6M | -8.6M | 2.1M |
| Capital expenditure | -4.6K | 0 | — | — | -24.6K | — |
| Investing cash flow | -4.6K | 0 | — | — | -24.6K | — |
| Dividends paid | — | — | — | — | — | — |
| Share repurchases | — | — | 0 | -2M | -6.2M | -341.6K |
| Financing cash flow | 30.3M | 14.6M | -1.6M | 11.5M | -7M | 8.2M |
| Net change in cash | 16.8M | 15.6M | -21.1M | 18.2M | -15.7M | 10.3M |
| Free cash flow | -15.3M | -11.9M | -12.8M | -7.6M | -2.6M | -6.7M |
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 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 |
|---|---|---|---|---|---|---|
| Net income | -9.3M | -1.2M | 4.9M | -922.7K | -336.5K | -987K |
| Depreciation & amortization | 667.3K | — | — | — | — | — |
| Stock-based compensation | 0 | 80K | 74.3K | 75.1K | 75.1K | 120.3K |
| Change in working capital | 2.1M | -211.6K | 417.3K | -548.9K | -337.3K | 49.4K |
| Operating cash flow | -6.5M | -1.3M | 5.4M | -1.4M | -598.6K | -817.3K |
| Capital expenditure | -5.4K | — | — | — | — | — |
| Investing cash flow | -5.4K | — | — | — | — | — |
| Dividends paid | — | — | — | — | — | — |
| Share repurchases | -1.1M | 0 | -224.2K | -117.3K | 0 | — |
| Financing cash flow | -1.1M | 8.7M | -428.2K | -117.3K | 0 | 0 |
| Net change in cash | -7.7M | 7.4M | 5M | -1.5M | -598.6K | -817.3K |
| Free cash flow | 960K | -1.7M | -3M | -1.1M | -933.5K | -784.3K |