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 27 | -$0.04 | -$0.03 | +25.0% | — | $16.2M | — |
| Q4 26 | -$0.05 | -$0.05 | 0.0% | — | $16.1M | — |
| Q2 26 | -$0.04 | -$0.02 | +50.0% | — | $13.7M | — |
| Q1 26 | -$0.04 | -$0.04 | 0.0% | — | $10.9M | — |
| Q4 25 | -$0.05 | -$0.08 | -60.0% | — | $11.4M | — |
| Q3 25 | -$0.09 | -$0.05 | +44.4% | — | $12.1M | — |
| Q2 25 | -$0.35 | -$0.32 | +8.6% | — | $11.9M | — |
| Q1 25 | -$0.35 | -$0.44 | -25.7% | — | $8.9M | — |
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 % |
|---|---|---|---|---|---|---|
| FY26 | — | -$0.29 | — | — | $55M | — |
| FY25 | — | -$1.04 | — | — | $44.3M | — |
| FY24 | — | -$2.26 | — | — | $46.7M | — |
| FY23 | — | -$0.2 | — | — | $13.6M | — |
| FY22 | — | -$0.14 | — |
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 | FY26 |
|---|---|---|---|---|---|---|
| Revenue | $1.2M | $10M | $13.6M | $46.7M | $44.3M | $55M |
| YoY change | — | +757.5% | +35.8% | +244.6% | -5.2% | +24.2% |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 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 | FY26 |
|---|---|---|---|---|---|---|
| Revenue | 1.2M | 10M | 13.6M | 46.7M | 44.3M | 55M |
| Cost of revenue | 1.4M | 4.8M | 5.4M | 18.1M | 18.8M | 21.3M |
| Gross profit | -195.2K | 5.2M | 8.1M | 28.6M | 25.5M | 33.7M |
| Gross margin | -16.8% | 51.9% | 60.1% | 61.2% | 57.5% | 61.3% |
| Research & development | 908.6K | 1.3M | 2.7M | 5M | 3.8M | 408.4K |
| Selling, general & administrative | 1.5M | 8.7M | 15.4M | 99.1M | 80.5M | 45.1M |
| Operating expenses | 2.4M | 10.1M | 18.1M | 104.1M | 84.3M | 45.5M |
| Operating income | -3.8M | -6.2M | -11.5M | -77.7M | -60.8M | -14M |
| Operating margin | -325.3% | -62.5% | -85% | -166.2% | -137.3% | -25.4% |
| Non-operating income, net | -13.2M | -3.5M | -1.9M | -19.9M | -9M | -1.8M |
| Pretax income | -17M | -9.8M | -14.2M | -99.9M | -73.1M | -23M |
| Income tax | -1.4M | 25K | -42.3K | -23.6K | -14K | 20.2K |
| Net income | -15.7M | -9.8M | -14.2M | -99.9M | -73.1M | -23M |
| Net margin | -1.3K% | -98.2% | -104.7% | -213.7% | -164.9% | -41.8% |
| EBITDA | 10.6M | -1.5M | -9.9M | -74.6M | -51.7M | -9.4M |
| EPS | -0.23 | -0.14 | -0.2 | -2.26 | -1.04 | -0.29 |
| Diluted EPS | -0.23 | -0.14 | -0.2 | -2.26 | -1.04 | -0.29 |
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 | Q3 26 | Q4 26 | Q1 27 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 15.5M | 15.6M | 10M | 8.9M | 11.9M | 12.1M | 11.4M | 10.9M | 13.7M | 14.4M | 16.1M | 16.2M |
| Cost of revenue | 6.4M | 6.8M | 2.5M | 5.4M | 5.2M | 4.3M | 3.9M | 4.5M | 6.1M | 5.2M | 5.5M | 6.9M |
| Gross profit | 9.1M | 8.8M | 7.5M | 3.5M | 6.7M | 7.8M | 7.5M | 6.4M | 7.6M | 9.1M | 10.6M | 9.3M |
| Gross margin | 58.9% | 56.4% | 75.3% | 39.2% | 56.1% | 64.6% | 65.7% | 58.9% | 55.7% | 63.7% | 65.7% | 57.2% |
| Research & development | 602.1K | 1.9M | 1.9M | 1.8M | 1.5M | 249.6K | 244.2K | 81.5K | 148.5K | 294K | -115.7K | 419.1K |
| Selling, general & administrative | 15.6M | 37.8M | 39.6M | 31.6M | 28.5M | 10.4M | 9.9M | 8.7M | 10.1M | 10.9M | 15.4M | 9.7M |
| Operating expenses | 16.2M | 39.7M | 41.5M | 33.4M | 30M | 10.7M | 10.2M | 8.8M | 10.2M | 11.2M | 15.3M | 10.1M |
| Operating income | -7.5M | -31.3M | -34.9M | -30.4M | -23.5M | -3.2M | -3.7M | -2.5M | -3.3M | -2.4M | -5.8M | -1.5M |
| Operating margin | -48.7% | -200.2% | -349.1% | -340.3% | -198.3% | -26.2% | -32.5% | -23.2% | -24.4% | -16.5% | -35.8% | -9.53% |
| Non-operating income, net | -23M | 1.3M | 1.7M | -17.1M | 2.2M | 1.7M | 4.3M | -559.5K | 2.4M | -4M | 346.2K | -5.4M |
| Pretax income | -31.1M | -30.7M | -34M | -48.3M | -22M | -2.6M | -127.6K | -4M | -2.2M | -9.5M | -7.3M | -9.8M |
| Income tax | 10.9K | -126.7K | 69.7K | 106.7K | -181.3K | -9.1K | 69.7K | 80K | 10.8K | -23.6K | -47K | -6.6K |
| Net income | -31.1M | -30.6M | -34.1M | -48.5M | -21.8M | -2.6M | -197.3K | -4.1M | -2.2M | -9.5M | -7.3M | -9.8M |
| Net margin | -201.2% | -195.7% | -340.6% | -542.5% | -183.9% | -21.4% | -1.73% | -37.7% | -15.9% | -66.1% | -45% | -60.3% |
| EBITDA | 16.5M | -30.8M | -55.5M | -12.8M | -22.3M | -2.9M | 1.2M | -2.4M | -3.7M | -834.6K | -4.9M | 1M |
| EPS | -1.4 | -0.45 | — | -0.71 | -0.32 | -0.04 | — | -0.05 | -0.03 | -0.12 | -0.09 | -0.12 |
| Diluted EPS | -1.4 | -0.45 | — | -0.71 | -0.32 | -0.04 | — | -0.05 | -0.03 | -0.12 | -0.09 | -0.12 |
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 | FY26 | Current |
|---|---|---|---|---|---|---|---|
| Market cap | — | 683.7M | 715.2M | — | — | — | 106.9M |
| Enterprise value | — | 706.5M | 723.6M | — | — | — | 150.6M |
| Shares outstanding | 68.4M | 68.4M | 68.4M | 44M | 69.9M | 77.5M | 77.5M |
| Metric | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | Current |
|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | 6.36 |
| P/S | — | 68.4 | 52.7 | — | — | — | 1.98 |
| P/B | — | -18.5 | -14 | — | — | — | -3.38 |
| EV/EBITDA | — | -478.8 | -73 | — | — | — | -16.1 |
| EV/Sales | — | 70.7 | 53.4 | — | — | — | 2.5 |
| Earnings yield | — | — | — | — | — | — | 15.7% |
| FCF yield | — | -0.75% | -1.17% | — | — | — | -3.9% |
| PEG | — | — | — | — | — | — | 0.05 |
| Metric | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | Current |
|---|---|---|---|---|---|---|---|
| Gross margin | -16.8% | 51.9% | 60.1% | 61.2% | 57.5% | 61.3% | 57.2% |
| Operating margin | -325.3% | -62.5% | -85% | -166.2% | -137.3% | -25.4% | -4.59% |
| Net margin | -1.3K% | -98.2% | -104.7% | -213.7% | -164.9% | -41.8% | -46.9% |
| ROE | 57.8% | 26.5% | 27.8% | 951.1% | 284.4% | 86.8% | 84.9% |
| ROA | -91.6% | -61.8% | -93.5% | -171.8% | -224.3% | -43.7% | -18.9% |
| ROIC | 36.9% | 44.1% | 27% | 3.7K% | 885.5% | -1.4K% | 601.9% |
| Return on tangible assets | -180.7% | -199.4% | -172.1% | -207.9% | -281.3% | -127% | -221% |
| Metric | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | Current |
|---|---|---|---|---|---|---|---|
| Current ratio | 0.54 | 0.84 | 0.32 | 0.76 | 0.47 | 0.55 | 0.45 |
| Quick ratio | 0.54 | 0.83 | 0.32 | 0.76 | 0.47 | 0.55 | 0.45 |
| Debt / equity | -0.79 | -0.64 | -0.18 | -1.91 | -0.93 | -1.29 | -0.01 |
| Debt / assets | 1.26 | 1.49 | 0.59 | 0.35 | 0.73 | 0.65 | 0.73 |
| Net debt / EBITDA | 1.58 | -15.5 | -0.84 | -0.11 | -0.36 | -2.92 | -3.4 |
| Interest coverage | -610.9 | -138.9 | -17.4 | -42.6 | -21.5 | -2.17 | -2.17 |
| Effective tax rate | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Metric | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | Current |
|---|---|---|---|---|---|---|---|
| Revenue per share | 0.02 | 0.15 | 0.2 | 1.06 | 0.63 | 0.71 | 0.76 |
| EPS (basic) | -0.23 | -0.14 | -0.2 | -2.26 | -1.04 | -0.29 | -0.29 |
| EPS (diluted) | -0.23 | -0.14 | -0.2 | -2.26 | -1.04 | -0.29 | 0.22 |
| Book value per share | -0.4 | -0.54 | -0.75 | -0.24 | -0.37 | -0.34 | -0.37 |
| FCF per share | -0.07 | -0.08 | -0.12 | -0.36 | -0.27 | -0.27 | -0.29 |
| Cash per share | 0.07 | 0.01 | 0.01 | 0.27 | 0.07 | 0.09 | 0.08 |
| Capex per share | 0.01 | 0.02 | 0.01 | 0.01 | 0.01 | — | — |
| Metric | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | Current |
|---|---|---|---|---|---|---|---|
| Capex / revenue | 33.2% | 10.8% | 6.2% | 0.98% | 0.96% | — | — |
| Capex / operating cash flow | -2.5% | -12.5% | -6.4% | -1.25% | -1.74% | — | — |
| Payout ratio | — | — | — | — | — | — | 0% |
| — |
| $10M |
| — |
| FY21 | — | -$0.23 | — | — | $1.2M | — |
| Q3 25 |
|---|
| Q4 25 |
|---|
| Q1 26 |
|---|
| Q2 26 |
|---|
| Q3 26 |
|---|
| Q4 26 |
|---|
| Q1 27 |
|---|
| Revenue | $15.5M | $15.6M | $10M | $8.9M | $11.9M | $12.1M | $11.4M | $10.9M | $13.7M | $14.4M | $16.1M | $16.2M |
| YoY change | +493.3% | +371.6% | +99.8% | +59.2% | -23.2% | -22.7% | +14% | +21.7% | +15.2% | +18.8% | +41.4% | +49% |
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 | FY26 |
|---|---|---|---|---|---|---|
| Cash & short-term investments | 935.8K | 913.6K | 589.3K | 11.7M | 5M | 6.8M |
| Receivables | — | 674.2K | 1.5M | 3.7M | 2.6M | 7.5M |
| Inventory | — | 55.2K | 59.9K | 70.7K | 202.5K | 116.6K |
| Total current assets | 1.2M | 4.8M | 5.4M | 49.8M | 27M | 32.3M |
| Property, plant & equipment | — | 159K | 778.5K | 1.3M | 1.7M | 1.9M |
| Goodwill & intangibles | — | 11M | 6.9M | 10.1M | 6.6M | 34.5M |
| Total assets | 205.4M | 15.9M | 15.2M | 58.1M | 32.6M | 52.7M |
| Accounts payable | — | 1.5M | 2M | 22.8M | 17.5M | 14.8M |
| Short-term debt | — | 595K | 7.9M | 18.3M | 23.1M | 18M |
| Total current liabilities | 508K | 5.7M | 16.7M | 65.7M | 56.9M | 58.3M |
| Long-term debt | — | 23.1M | 1M | 1.7M | 768.2K | 16.3M |
| Total liabilities | 7M | 52.8M | 66.3M | 68.6M | 58.3M | 79.2M |
| Shareholders' equity | 198.4M | -37M | -51.1M | -10.5M | -25.7M | -26.5M |
| Total debt | — | 23.7M | 9M | 20.1M | 23.9M | 34.3M |
| Net debt | — | 22.8M | 8.4M | 8.9M | 19M | 27.7M |
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 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 | Q3 26 | Q4 26 | Q1 27 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 8.1M | 9.9M | 11.7M | 8.1M | 6.3M | 5.9M | 5M | 3.2M | 5.3M | 5.4M | 6.8M | 6.2M |
| Receivables | 8.7M | 7.1M | 3.7M | 2.7M | 3.2M | 2.9M | 2.6M | 2.6M | 2.6M | 3.7M | 7.5M | 6.9M |
| Inventory | 132.6K | 29.3K | 70.7K | 77.4K | 91.5K | 114.5K | 202.5K | 99.2K | 213.9K | 176.7K | 116.6K | 188.6K |
| Total current assets | 51.4M | 52.9M | 49.8M | 26.7M | 23M | 26M | 27M | 27.1M | 34.1M | 34.2M | 32.3M | 26.5M |
| Property, plant & equipment | 1.2M | 1.4M | 1.3M | 1.2M | 1.3M | 1.1M | 1.7M | 1.7M | 1.9M | 1.9M | 1.9M | 2.6M |
| Goodwill & intangibles | 14.1M | 13.3M | 10.1M | 8.5M | 6.4M | 6.3M | 6.6M | 7.1M | 9.9M | 16.2M | 34.5M | 34.7M |
| Total assets | 65.7M | 66.6M | 58.1M | 34.1M | 29.1M | 32M | 32.6M | 33M | 41.5M | 44.9M | 52.7M | 47.7M |
| Accounts payable | 19.4M | 24.3M | 22.8M | 23.2M | 20.4M | 18.6M | 17.5M | 17.3M | 14.6M | 14.8M | 14.8M | 11.5M |
| Short-term debt | 17.3M | 18M | 18.3M | 19.5M | 22.8M | 23M | 23.1M | 23.9M | 23.5M | 24.7M | 18M | 19.9M |
| Total current liabilities | 62M | 66.2M | 65.7M | 64.4M | 61M | 61.4M | 56.9M | 60.6M | 61.3M | 63.2M | 58.3M | 59M |
| Long-term debt | 506.4K | 854.9K | 1.7M | 1.9M | 1.7M | 471.9K | 768.2K | 593.8K | 561.7K | 5.2M | 16.3M | 14.8M |
| Total liabilities | 63.4M | 67.9M | 68.6M | 67.2M | 63.4M | 62.5M | 58.3M | 61.8M | 62.4M | 69M | 79.2M | 78.4M |
| Shareholders' equity | 2.2M | -1.3M | -10.5M | -33M | -34.3M | -30.5M | -25.7M | -28.8M | -20.9M | -24.1M | -26.5M | -30.6M |
| Total debt | 17.8M | 18.8M | 20.1M | 21.4M | 24.5M | 23.5M | 23.9M | 24.5M | 24.1M | 29.9M | 34.3M | 34.7M |
| Net debt | 9.7M | 9.4M | 8.9M | 13.6M | 18.5M | 17.7M | 19M | 21.4M | 19.1M | 24.8M | 27.7M | 28.7M |
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 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Net income | -15.7M | -9.8M | -14.2M | -99.9M | -73.1M | -22.5M |
| Depreciation & amortization | 1.2M | 1.4M | 1.6M | 2.2M | 2M | 2.2M |
| Stock-based compensation | — | — | 0 | 56.3M | 47.2M | 497.8K |
| Change in working capital | -932.7K | -174.7K | -437.1K | 5.1M | -453.1K | -1.1M |
| Operating cash flow | -15.5M | -8.6M | -13.1M | -36.3M | -24.5M | -20.3M |
| Capital expenditure | -386.8K | -1.1M | -841.4K | -455.9K | -424.9K | — |
| Investing cash flow | -2.8M | -1.2M | -841.4K | -6.7M | -115.6K | 112.8K |
| Dividends paid | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — |
| Financing cash flow | -24.2K | 307.8K | 8.4M | 21.6M | 8.1M | 13.2M |
| Net change in cash | -18.3M | -9.5M | -5.6M | -21.5M | -16.5M | -7M |
| Free cash flow | -5.1M | -5.1M | -8.4M | -15.9M | -18.6M | -21.3M |
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 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 | Q3 26 | Q4 26 | Q1 27 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income | -31.1M | -30.6M | -34.1M | -48.5M | -21.9M | -2.6M | -197.3K | -4M | -2.1M | -9.1M | -7.3M | -9.8M |
| Depreciation & amortization | 413.3K | 451.8K | 953.2K | 480.3K | 193.4K | 299.9K | 1M | 125K | 750.2K | 311.6K | 1.1M | 729.5K |
| Stock-based compensation | 3.5M | 27.3M | 25.5M | 26.2M | 20.7M | 158.2K | 76.4K | 71.4K | 62.4K | 246.3K | 117.7K | 75.4K |
| Change in working capital | 9M | -1.9M | 3.9M | 734.1K | -4.6M | 2.7M | 745.2K | 32K | 1.1M | -1.1M | -1.2M | 540.6K |
| Operating cash flow | -18.1M | -4.9M | -3.8M | -21M | -5.8M | 509K | 1.7M | -2.9M | -6.1M | -7.5M | -3.8M | -5.5M |
| Capital expenditure | -340.5K | -287.4K | -32.3K | 32.7K | 6.7K | -89.9K | -374.5K | — | — | — | — | — |
| Investing cash flow | -3.4M | -288.6K | -32.3K | 1.2M | 6.7K | 188.7K | -1.5M | 73.1K | -101.3K | 112.8K | 2 | -926.5K |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | 5.2M | 1M | 3M | 1M | 3.4M | 2.8M | 4.6M | 1.4M | 1.4M | 1.8M | 6.7M | 6.3M |
| Net change in cash | -16.3M | -4.1M | -889.5K | -18.8M | -2.3M | 3.5M | 4.7M | -1.4M | -4.8M | -5.6M | 2.9M | -115K |
| Free cash flow | -12.3M | 259.1K | -878.5K | -5.7M | -5.6M | -3.2M | -4.1M | -3.2M | -6.2M | -7.9M | -4M | -5.9M |