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 | -$0.22 | -$0.75 | -240.9% | — | $7.4M | — |
| Q1 26 | -$0.13 | -$0.25 | -92.3% | — | $6.5M | — |
| Q4 25 | -$0.11 | -$0.1 | +9.1% | — | $8.3M | — |
| Q3 25 | -$0.01 | -$0.47 | -4600.0% | — | $4.2M | — |
| Q2 25 | — | -$0.42 | — | — | $3.7M | — |
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 | — | -$2.01 | — | — | $18.9M | — |
| FY24 | — | -$0.71 | — | — | $4.9M | — |
| FY23 | — | -$0.19 | — | — | $0 | — |
| FY22 | — | -$0.13 | — | — | $0 | — |
| FY21 | — | -$0.25 | — | — |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | $365.1K | $0 | $0 | $4.9M | $18.9M |
| YoY change | — | -100% | 0% | +InfinityT% | +287.9% |
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 | Q4 24 | Q1 25 | Q2 25 | Q3 25 |
|---|
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | 365.1K | 0 | 0 | 4.9M | 18.9M |
| Cost of revenue | 260.6K | 556.9K | — | 2.2M | 10.3M |
| Gross profit | 104.6K | 0 | 0 | 2.6M | 8.6M |
| Gross margin | 28.6% | — | — | 54.1% | 45.4% |
| Research & development | 2.2M | 2.4M | — | 3.3M | 3.9M |
| Selling, general & administrative | 5M | 4.3M | 4.9M | 11.5M | 9.1M |
| Operating expenses | 7.1M | 6.7M | 4.9M | 14.8M | 13M |
| Operating income | -7M | -4.3M | -4.9M | -12.2M | -4.4M |
| Operating margin | -1.9K% | — | — | -249.6% | -23.4% |
| Non-operating income, net | 1.8M | 384.1K | 15K | 7.7M | -14M |
| Pretax income | -5.4M | -2.3M | -3.6M | -9M | -21.1M |
| Income tax | -1.6K | 486.6K | 419.1K | -15.8K | -1K |
| Net income | -5.4M | -2.8M | -4M | -9M | -21.1M |
| Net margin | -1.5K% | — | — | -184.2% | -111.4% |
| EBITDA | -6.1M | -2.3M | -3.4M | -12.5M | -13.1M |
| EPS | -0.25 | -0.13 | -0.19 | -0.71 | -2.01 |
| Diluted EPS | -0.25 | -0.13 | -0.19 | -0.71 | -2.01 |
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 | 24.7K | -35.4K | 1.4M | 1.7M | 956K | 846.5K | 2.8M | 3.7M | 4.2M | 8.3M | 6.5M | 7.4M |
| Cost of revenue | 23.8K | — | 602.1K | 839.5K | 350.7K | 446.6K | 986.6K | 1.8M | 2.4M | 5.1M | 3.9M | 4.4M |
| Gross profit | 858 | 38.1K | 760.1K | 874.6K | 605.3K | 399.9K | 1.8M | 1.8M | 1.8M | 3.1M | 2.7M | 3.1M |
| Gross margin | 3.48% | -107.6% | 55.8% | 51% | 63.3% | 47.2% | 64.7% | 49.9% | 43% | 38% | 40.9% | 41.2% |
| Research & development | 311.8K | — | 642.5K | 925.1K | 925.2K | 774.5K | 852.3K | 900.7K | 938.8K | 1.2M | 1.7M | 1.6M |
| Selling, general & administrative | 932.1K | 1.9M | 5.7M | 2.2M | 2M | 1.7M | 2M | 2M | 2.5M | 2.6M | 3.3M | 3.3M |
| Operating expenses | 1.2M | 1.9M | 6.3M | 3.1M | 2.9M | 2.5M | 2.9M | 2.9M | 3.5M | 3.8M | 5M | 4.9M |
| Operating income | -1.2M | -733.4K | -5.6M | -2.2M | -2.3M | -2.1M | -1M | -1M | -1.7M | -700.2K | -2.3M | -1.9M |
| Operating margin | -5K% | 2.1K% | -409.5% | -129.5% | -243.4% | -242.3% | -37.2% | -28.5% | -39.4% | -8.46% | -36% | -25.1% |
| Non-operating income, net | — | — | 1.9M | 2.1M | 163K | 3.6M | -9.4M | -2.6M | -2.3M | 312.3K | -127K | -8.5M |
| Pretax income | -1.4M | 983.4K | -4.3M | -1.2M | -3.6M | 166.3K | -11.1M | -4M | -4.6M | -1.4M | -3.4M | -11.1M |
| Income tax | — | — | — | — | — | — | — | 2.8K | 0 | -3.8K | — | 2K |
| Net income | -1.4M | 564.3K | -4.3M | -6.4M | -3.6M | 182.1K | -11.1M | -4M | -4.6M | -1.4M | -3.4M | -11.1M |
| Net margin | -5.6K% | -1.6K% | -315.6% | -375.4% | -378.6% | 21.5% | -397.9% | -109.3% | -108.7% | -16.8% | -52.2% | -148.9% |
| EBITDA | -1.1M | 808.4K | -5.5M | -2.3M | -2.3M | -2.4M | -9.8M | -995.6K | -1.6M | -675.2K | -2.3M | -1.8M |
| EPS | -0.06 | — | -0.33 | -0.3 | -0.17 | -0.15 | -0.4 | -0.14 | -0.47 | -0.1 | -0.25 | -0.75 |
| Diluted EPS | -0.06 | — | -0.33 | -0.3 | -0.17 | -0.15 | -0.4 | -0.14 | -0.47 | -0.1 | -0.25 | -0.75 |
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 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|
| Market cap | 3.2B | 3.3B | 3.5B | 146.2M | — | 35.9M |
| Enterprise value | 3.2B | 3.3B | 3.5B | 155M | — | 40.7M |
| Shares outstanding | 21.3M | 21.3M | 21.3M | 20M | 10.5M | 10.5M |
| Metric | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | -1.21 |
| P/S | 8.7K | — | — | 30 | — | 1.36 |
| P/B | 1.1K | 114.4 | 328.3 | -15.3 | — | 15 |
| EV/EBITDA | -519.6 | -1.4K | -1K | -12.4 | — | -6.29 |
| EV/Sales | 8.7K | — | — | 31.8 | — | 1.54 |
| Earnings yield | — | — | — | — | — | -82.7% |
| FCF yield | -0.09% | -0.04% | -0.06% | -6.92% | — | -31.8% |
| PEG | — | — | — | — | — | -0 |
| Metric | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|
| Gross margin | 28.6% | — | — | 54.1% | 45.4% | 41.2% |
| Operating margin | -1.9K% | — | — | -249.6% | -23.4% | -25.1% |
| Net margin | -1.5K% | — | — | -184.2% | -111.4% | -77.3% |
| ROE | -184.3% | -9.73% | -37.6% | 94.2% | -327.1% | -2.1K% |
| ROA | -64% | -6.61% | -17.2% | -147.6% | -91.6% | -19.4% |
| ROIC | -125% | -11.6% | -35.8% | 1.5K% | -347.5% | -347.5% |
| Return on tangible assets | -71.8% | -6.7% | -17.2% | -147.6% | -91.6% | -66.7% |
| Metric | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|
| Current ratio | 6.46 | 0.06 | 0.01 | 0.5 | 2.81 | 3.1 |
| Quick ratio | 1.54 | -1.08 | 0.01 | 0.18 | 2.17 | 2.06 |
| Debt / equity | 1.44 | 0.29 | 0.29 | -1.04 | 0.81 | 7 |
| Debt / assets | 0.5 | 0.2 | 0.13 | 1.63 | 0.23 | 0.51 |
| Net debt / EBITDA | -0.44 | -3.62 | -0.91 | -0.7 | 0.4 | -0.74 |
| Interest coverage | -27.1 | -98 | -15.4 | -1 | -6.99 | -5.3 |
| Effective tax rate | 0% | 0% | 0% | 0% | 0% | 0% |
| Metric | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|
| Revenue per share | 0.02 | 0 | 0 | 0.24 | 1.81 | 2.04 |
| EPS (basic) | -0.25 | -0.13 | -0.19 | -0.71 | -2.01 | -2.01 |
| EPS (diluted) | -0.25 | -0.13 | -0.19 | -0.71 | -2.01 | -1.39 |
| Book value per share | 0.14 | 1.34 | 0.5 | -0.48 | 0.62 | 0.16 |
| FCF per share | -0.13 | -0.06 | -0.09 | -0.51 | -0.87 | -0.86 |
| Cash per share | 0.07 | 0 | 0 | 0.06 | 0.99 | 0.75 |
| Capex per share | 0 | 0 | — | 0 | — | — |
| Metric | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|
| Capex / revenue | 5.03% | — | — | 1.8% | — | — |
| Capex / operating cash flow | -1.79% | -0.85% | — | -1.88% | — | — |
| Payout ratio | — | — | — | — | — | 0% |
| $365.1K |
| — |
| Q4 25 |
|---|
| Q1 26 |
|---|
| Q2 26 |
|---|
| Revenue | $24.7K | -$35.4K | $1.4M | $1.7M | $956K | $846.5K | $2.8M | $3.7M | $4.2M | $8.3M | $6.5M | $7.4M |
| YoY change | — | — | +17.9K% | +53.7K% | +3.8K% | +2.5K% | +105.4% | +113.5% | +338.5% | +877.6% | +133.3% | +103.2% |
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 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Cash & short-term investments | 1.5M | 78.2K | 2.4K | 1.2M | 10.4M |
| Receivables | 7.8K | 0 | — | 67.1K | 5.8M |
| Inventory | 5.3M | 4.8M | — | 3.1M | 5M |
| Total current assets | 7M | 250.7K | 96.4K | 4.9M | 22.1M |
| Property, plant & equipment | 941K | 2.1M | — | 1.1M | 891K |
| Goodwill & intangibles | 923.8K | 552K | — | 0 | — |
| Total assets | 8.5M | 41.9M | 23.4M | 6.1M | 23M |
| Accounts payable | 68.9K | 195.1K | 767.6K | 803.3K | 3.6M |
| Short-term debt | 127.8K | 861.4K | 3.1M | 5.4M | 463K |
| Total current liabilities | 1.1M | 4.2M | 12.7M | 9.8M | 7.9M |
| Long-term debt | 4.1M | 7.4M | — | 4.5M | 4.8M |
| Total liabilities | 5.5M | 13.4M | 12.7M | 15.6M | 16.6M |
| Shareholders' equity | 2.9M | 28.5M | 10.7M | -9.5M | 6.4M |
| Total debt | 4.2M | 8.3M | 3.1M | 9.9M | 5.2M |
| Net debt | 2.7M | 8.2M | 3.1M | 8.7M | -5.2M |
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 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 | 2.4K | 5.6M | 4.6M | — | — | — | — | 1.7M | 10.4M | 6.9M | 10.9M |
| Receivables | — | 482.4K | 669.1K | — | — | — | — | 3.2M | 5.8M | 6.4M | 7.4M |
| Inventory | — | 4.1M | 3.4M | — | — | — | — | 5.2M | 5M | 6.8M | 9.9M |
| Total current assets | 96.4K | 11.4M | 9.5M | — | — | — | — | 11.3M | 22.1M | 21.2M | 29.4M |
| Property, plant & equipment | — | 1.3M | 1.2M | — | — | — | — | 793.7K | 891K | 792K | 1.2M |
| Goodwill & intangibles | — | 87.3K | 0 | — | — | — | — | — | — | — | — |
| Total assets | 23.4M | 12.9M | 10.8M | — | — | — | — | 12.1M | 23M | 22M | 30.6M |
| Accounts payable | 767.6K | 711.8K | 549.6K | — | — | — | — | 2M | 3.6M | 2.9M | 3M |
| Short-term debt | 3.1M | 502.7K | 10.1M | — | — | — | — | 5.5M | 463K | 467K | 437K |
| Total current liabilities | 12.7M | 4.4M | 15.3M | — | — | — | — | 12.7M | 7.9M | 8.5M | 9.5M |
| Long-term debt | — | 9.7M | 903.5K | — | — | — | — | 4.5M | 4.8M | 5.3M | 15.3M |
| Total liabilities | 12.7M | 17.8M | 16.9M | — | — | — | — | 21.2M | 16.6M | 18.2M | 28.4M |
| Shareholders' equity | 10.7M | -4.9M | -6.2M | — | — | — | — | -9.1M | 6.4M | 3.8M | 2.2M |
| Total debt | 3.1M | 10.2M | 11M | — | — | — | — | 10M | 5.2M | 5.8M | 15.7M |
| Net debt | 3.1M | 4.6M | 6.4M | — | — | — | — | 8.2M | -5.2M | -1.1M | 4.8M |
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 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Net income | -5.4M | -2.8M | -4M | -9M | -21.1M |
| Depreciation & amortization | 950.7K | 651.8K | — | 230.8K | 131K |
| Stock-based compensation | 2.4M | 790.8K | — | 289.8K | 801K |
| Change in working capital | 973.7K | 286.7K | 563.7K | -640.7K | -4.1M |
| Operating cash flow | -1M | -2.7M | -4.8M | -4.7M | -9M |
| Capital expenditure | -18.4K | -22.6K | — | -87.8K | — |
| Investing cash flow | -18.4K | 192.2M | 19.9M | -87.8K | — |
| Dividends paid | — | — | — | — | — |
| Share repurchases | — | -192.1M | -20.3M | — | — |
| Financing cash flow | 3.7M | -190.5M | -18.1M | 11.1M | 17.7M |
| Net change in cash | 2.6M | -974.7K | -2.9M | 6.4M | 8.8M |
| Free cash flow | -2.7M | -1.3M | -1.9M | -10.1M | -9.1M |
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 | -1.4M | 564.3K | -4.3M | -1.2M | — | — | — | — | -4.6M | -1.4M | -3.4M | -11.1M |
| Depreciation & amortization | 122.8K | — | 98.9K | 85.9K | — | — | — | — | 39.5K | 15.5K | 20K | 21K |
| Stock-based compensation | 195.5K | — | 39K | 0 | — | — | — | — | 198.7K | 282.3K | 381K | 668K |
| Change in working capital | -118.9K | -382.1K | -1.9M | -359.6K | -11.9K | 29.5K | -4.7K | -10.4K | -950.9K | -715.4K | -1.7M | -3.8M |
| Operating cash flow | -1.2M | -1.2M | -817.7K | -732.9K | -11.9K | 29.5K | -4.7K | -10.4K | -878.6K | -3.1M | -3.7M | -4.8M |
| Capital expenditure | -24.9K | — | — | — | — | — | — | — | — | — | — | — |
| Investing cash flow | -24.9K | — | — | — | — | — | — | — | — | — | — | — |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | 267.7K | 1.6M | 11.4M | -32.5K | — | — | — | — | -34.8K | 11.9M | -86K | 9M |
| Net change in cash | -925K | 425.3K | 10.6M | -765.4K | -11.9K | 29.5K | -4.7K | -10.4K | -913.3K | 8.8M | -3.7M | 4.2M |
| Free cash flow | -469.2K | 47.7K | -6M | -1M | — | — | — | — | -878.4K | -3.2M | -3.7M | -5M |