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 % |
|---|---|---|---|---|---|---|
| Q3 26 | -$0.06 | -$0.04 | +33.3% | — | $1.4M | — |
| Q1 26 | -$0.02 | -$0.04 | -100.0% | — | $1.1M | — |
| Q3 25 | -$0.04 | -$0.04 | 0.0% | — | $1.2M | — |
| Q2 25 | -$0.04 | -$0.04 | 0.0% | — | $1.2M | — |
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 | — | -$0.4 | — | — | $5M | — |
| FY24 | — | -$0.12 | — | — | $4.2M | — |
| FY23 | — | -$0.01 | — | — | $8.8M | — |
| FY22 | — | -$0.01 | — | — | $6M | — |
| FY21 | — | -$0.11 | — | — | $6M | — |
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 | $6M | $6M | $8.8M | $4.2M | $5M |
| YoY change | — | +0.3% | +44.8% | -51.6% | +19% |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 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 | 6M | 6M | 8.8M | 4.2M | 5M |
| Cost of revenue | 3.2M | 2.1M | 2.7M | 1.5M | 3.2M |
| Gross profit | 2.8M | 4M | 6M | 2.7M | 1.8M |
| Gross margin | 47.1% | 65.3% | 68.7% | 64.2% | 35.9% |
| Research & development | 2M | 1.8M | 2M | 2M | 3.3M |
| Selling, general & administrative | 5.9M | 2.6M | 3.7M | 7.8M | 15.7M |
| Operating expenses | 7.9M | 4.3M | 5.7M | 9.8M | 19M |
| Operating income | -5M | -376K | 289K | -7.1M | -17.2M |
| Operating margin | -83.4% | -6.22% | 3.3% | -166.8% | -340.9% |
| Non-operating income, net | — | -18K | — | 13K | -32M |
| Pretax income | -5M | -394K | -445K | -7.8M | -49.3M |
| Income tax | 3K | 113K | -106K | 318K | -96K |
| Net income | -5M | -507K | -339K | -8.1M | -49.2M |
| Net margin | -83.5% | -8.38% | -3.87% | -192% | -974.9% |
| EBITDA | -5M | -376K | 302K | -7M | -50M |
| EPS | -0.11 | -0.01 | -0.01 | -0.12 | -0.4 |
| Diluted EPS | -0.11 | -0.01 | -0.01 | -0.12 | -0.4 |
Revenue, gross profit, operating income, and net income per period.
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 | Q3 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 5.4M | 1.1M | 1.2M | 1.4M | 525K | 1.3M | 1.2M | 1.2M | 1.4M | 1.1M | 1.5M | 1.4M |
| Cost of revenue | 1.2M | 496K | 485K | 429K | 109K | 123K | 454K | 301K | 878K | 1M | 836K | 571K |
| Gross profit | 4.2M | 610K | 680K | 1M | 416K | 1.1M | 713K | 876K | 566K | 30K | 665K | 802K |
| Gross margin | 77.3% | 55.2% | 58.4% | 70.3% | 79.2% | 90.2% | 61.1% | 74.4% | 39.2% | 2.8% | 44.3% | 58.4% |
| Research & development | 390K | 834K | 413K | 386K | 388K | 484K | 320K | 533K | 1.1M | 1.1M | 1.1M | 950K |
| Selling, general & administrative | 1M | 2M | 1.2M | 1.5M | 3M | 4.5M | 5.3M | 4.8M | 4.1M | 11.3M | 4.6M | 3.7M |
| Operating expenses | 1.4M | 2.9M | 1.6M | 1.9M | 3.4M | 5M | 5.7M | 5.4M | 5.2M | 12.4M | 5.7M | 4.6M |
| Operating income | 2.8M | -2.3M | -945K | -895K | -3M | -3.9M | -4.9M | -4.5M | -4.6M | -12.4M | -5M | -3.8M |
| Operating margin | 51.5% | -204.5% | -81.1% | -62% | -565.7% | -310.1% | -423.2% | -382.9% | -318.6% | -1.2K% | -335.4% | -276.7% |
| Non-operating income, net | — | — | — | — | — | 333K | 387K | 423K | 1M | 2.2M | 4.8M | -6.2M |
| Pretax income | 2.1M | -2.7M | -1.1M | -996K | -3M | -3.6M | -4.6M | -4.1M | -3.6M | -10.2M | -276K | -10M |
| Income tax | -106K | 0 | 0 | 317K | 1K | — | 0 | 0 | 3K | 0 | 0 | 0 |
| Net income | 2.2M | -2.7M | -1.1M | -1.3M | -3M | -3.6M | -4.6M | -4.1M | -3.6M | -10.2M | -276K | -10M |
| Net margin | 40.9% | -248.5% | -96.1% | -91% | -563.6% | -283.9% | -390.5% | -348.6% | -251% | -948% | -18.4% | -726.9% |
| EBITDA | 2.8M | -2.3M | -945K | -891K | -2.9M | -3.4M | -4.5M | -3.6M | -3.9M | -13.2M | -4.6M | -3.4M |
| EPS | — | -0.04 | -0.02 | -0.02 | — | -0.04 | -0.04 | -0.04 | — | -0.05 | 0 | -0.04 |
| Diluted EPS | — | -0.04 | -0.02 | -0.02 | — | -0.04 | -0.04 | -0.04 | — | -0.05 | 0 | -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 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|
| Market cap | — | — | — | — | — | 353.4M |
| Enterprise value | — | — | — | — | — | 43.7M |
| Shares outstanding | 44.4M | 44.4M | 44.4M | 70M | 122M | 122M |
| Metric | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | 24.3 |
| P/S | — | — | — | — | — | 71 |
| P/B | — | — | — | — | — | 1.03 |
| EV/EBITDA | — | — | — | — | — | -1.7 |
| EV/Sales | — | — | — | — | — | 8.11 |
| Earnings yield | — | — | — | — | — | 4.12% |
| FCF yield | — | — | — | — | — | -7.71% |
| Metric | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|
| Gross margin | 47.1% | 65.3% | 68.7% | 64.2% | 35.9% | 58.4% |
| Operating margin | -83.4% | -6.22% | 3.3% | -166.8% | -340.9% | -276.7% |
| Net margin | -83.5% | -8.38% | -3.87% | -192% | -974.9% | -81.8% |
| ROE | -269.6% | -17.4% | -7.05% | -19.5% | -19.6% | -1.87% |
| ROA | -200.9% | -12.9% | -4.32% | -19.1% | -18% | -7.37% |
| ROIC | -976.9% | -12.6% | 5.22% | -60% | 4.6K% | -85.8% |
| Return on tangible assets | -200.9% | -12.9% | -4.32% | -29.7% | -19.5% | -6.45% |
| Metric | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|
| Current ratio | 3.9 | 4.73 | 2.42 | 72.6 | 11.8 | 93.6 |
| Quick ratio | 2.3 | 2.88 | 2.13 | 70.1 | 11.7 | 92.9 |
| Debt / equity | 0 | 0.13 | 0.24 | 0.01 | 0 | 0 |
| Debt / assets | 0 | 0.1 | 0.15 | 0.01 | 0 | 0 |
| Net debt / EBITDA | 0.27 | -0.16 | 2.41 | 4.28 | 5.03 | 13.5 |
| Interest coverage | -2.5K | -20.9 | 0.39 | -9.27 | -592.7 | -393 |
| Effective tax rate | 0% | 0% | 0% | 0% | 0% | 0% |
| Metric | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|
| Revenue per share | 0.14 | 0.14 | 0.2 | 0.06 | 0.04 | 0.03 |
| EPS (basic) | -0.11 | -0.01 | -0.01 | -0.12 | -0.4 | -0.4 |
| EPS (diluted) | -0.11 | -0.01 | -0.01 | -0.12 | -0.4 | 0.07 |
| Book value per share | 0.04 | 0.07 | 0.11 | 0.6 | 2.06 | 1.65 |
| FCF per share | -0.1 | -0.06 | -0.07 | -0.16 | -0.12 | -0.11 |
| Cash per share | 0.03 | 0.01 | 0.01 | 0.44 | 2.07 | 1.51 |
| Capex per share | 0 | 0 | 0 | 0.01 | — | — |
| Metric | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|
| Capex / revenue | 0.88% | 1.06% | 0% | 17.1% | — | — |
| Capex / operating cash flow | -1.26% | -2.33% | 0% | -15.7% | — | — |
| Payout ratio | — | — | — | — | — | 0% |
| Q1 26 |
|---|
| Q2 26 |
|---|
| Q3 26 |
|---|
| Revenue | $5.4M | $1.1M | $1.2M | $1.4M | $525K | $1.3M | $1.2M | $1.2M | $1.4M | $1.1M | $1.5M | $1.4M |
| YoY change | +37.4% | +16.9% | +5.05% | +10.2% | -90.3% | +13.7% | +0.17% | -18.4% | +175% | -14.8% | +28.6% | +16.7% |
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 | 1.4M | 327K | 433K | 30.5M | 251.9M |
| Receivables | 45K | 108K | 5.6M | 1.4M | 1.8M |
| Inventory | 985K | 1.4M | 822K | 1.1M | 1.1M |
| Total current assets | 2.4M | 3.5M | 7M | 33M | 255.3M |
| Property, plant & equipment | 105K | 423K | 343K | 738K | 3.6M |
| Goodwill & intangibles | — | — | 0 | 15.2M | 21.4M |
| Total assets | 2.5M | 3.9M | 7.9M | 42.6M | 273.7M |
| Accounts payable | 480K | 175K | 1.1M | 150K | 397K |
| Short-term debt | — | 108K | 1M | 203K | 301K |
| Total current liabilities | 613K | 741K | 2.9M | 455K | 21.7M |
| Long-term debt | 0 | 279K | 154K | 356K | 429K |
| Total liabilities | 639K | 1M | 3M | 913K | 22.8M |
| Shareholders' equity | 1.9M | 2.9M | 4.8M | 41.7M | 250.8M |
| Total debt | 0 | 387K | 1.2M | 559K | 730K |
| Net debt | -1.4M | 60K | 727K | -14M | -184.8M |
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 | Q3 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 433K | 7.5M | 8.2M | 9.2M | 30.5M | 35.9M | 41.8M | 85.5M | 251.9M | 328.5M | 362.6M | 339.6M |
| Receivables | 5.6M | 3.1M | 3.8M | 3.1M | 1.4M | 2.1M | 1.7M | 1.7M | 1.8M | 1.9M | 789K | 922K |
| Inventory | 822K | 654K | 292K | 399K | 1.1M | 1.4M | 1.5M | 1.5M | 1.1M | 1.9M | 2.5M | 2.7M |
| Total current assets | 7M | 11.5M | 12.4M | 12.7M | 33M | 39.5M | 45.1M | 88.9M | 255.3M | 332.6M | 366.2M | 344.8M |
| Property, plant & equipment | 343K | 280K | 282K | 624K | 738K | 802K | 1.7M | 2.1M | 3.6M | 2.3M | 3.7M | 8.7M |
| Goodwill & intangibles | 0 | — | — | — | 15.2M | 19.2M | 18.8M | 23.1M | 21.4M | 9.5M | 20.2M | 742K |
| Total assets | 7.9M | 12.3M | 13.2M | 13.4M | 42.6M | 51.4M | 57.2M | 107.3M | 273.7M | 349.4M | 383.4M | 373.4M |
| Accounts payable | 1.1M | 60K | 157K | 1M | 150K | 530K | 302K | 337K | 397K | 132K | 466K | 348K |
| Short-term debt | 1M | 180K | 2.2M | 2.6M | 203K | 262K | 264K | 280K | 301K | 281K | 381K | 310K |
| Total current liabilities | 2.9M | 838K | 2.9M | 3.9M | 455K | 993K | 596K | 739K | 21.7M | 9.3M | 4M | 3.7M |
| Long-term debt | 154K | 126K | 91K | 407K | 356K | 464K | 595K | 515K | 429K | 326K | 432K | 319K |
| Total liabilities | 3M | 964K | 3M | 4.3M | 913K | 1.6M | 1.3M | 1.4M | 22.8M | 9.7M | 4.8M | 4.4M |
| Shareholders' equity | 4.8M | 11.3M | 10.2M | 9.1M | 41.7M | 49.9M | 55.9M | 106M | 250.8M | 339.6M | 378.6M | 369M |
| Total debt | 1.2M | 306K | 2.3M | 3M | 559K | 726K | 859K | 795K | 730K | 607K | 813K | 629K |
| Net debt | 727K | -7.2M | -5.9M | -6.2M | -14M | -19.1M | -10.3M | -32.1M | -184.8M | -271.2M | -249.8M | -301.3M |
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 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Net income | -5M | -507K | -339K | -8.1M | -49.2M |
| Depreciation & amortization | — | — | 13K | 81K | 1.4M |
| Stock-based compensation | — | — | — | — | 3.7M |
| Change in working capital | 958K | -2.3M | -2.9M | 3.4M | -27K |
| Operating cash flow | -4.2M | -2.8M | -3.3M | -4.6M | -8.9M |
| Capital expenditure | -53K | 64K | 0 | -725K | — |
| Investing cash flow | 230K | -44K | -26K | -17.3M | -50.4M |
| Dividends paid | — | — | — | — | — |
| Share repurchases | — | — | — | — | — |
| Financing cash flow | 259K | 1.9M | 3M | 37.9M | 217.1M |
| Net change in cash | -3.7M | -941K | -311K | 16M | 157.8M |
| Free cash flow | -4.3M | -2.6M | -2.9M | -11.3M | -14.6M |
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 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 | Q3 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income | 2.2M | -2.7M | -1.1M | -1.3M | -3M | -3.6M | 21.4M | -4.1M | -3.5M | -10.2M | -276K | -10M |
| Depreciation & amortization | — | — | — | 4K | 74K | 513K | 449K | 905K | 684K | 377K | 418K | 433K |
| Stock-based compensation | — | — | — | — | — | — | — | — | — | 8.2M | 382K | 422K |
| Change in working capital | -3.5M | 1.5M | -149K | 1.9M | 172K | -622K | 51K | 30K | 75K | -771K | 174K | -449K |
| Operating cash flow | -1.3M | -1.2M | -1.3M | 568K | -2.7M | -3.7M | -5.7M | -3.1M | 2.2M | -1.6M | -417K | -1.5M |
| Capital expenditure | 3K | 3K | 0 | — | — | -78K | — | — | — | — | — | — |
| Investing cash flow | -3K | -25K | -9K | 172K | -1K | -380K | -14.7M | -21.9M | -5.1M | -124.1M | 78.5M | 74.4M |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | 526K | 8.2M | 1.2M | -343K | 28.8M | 9.2M | 11.7M | 51.3M | 148.7M | 69.1M | 34.2M | -48K |
| Net change in cash | -773K | 6.9M | -65K | 397K | 26.1M | 5.2M | -8.8M | 26.3M | 145.8M | -56.7M | 112.2M | 72.8M |
| Free cash flow | -634K | -1.2M | -1.3M | 419K | -9.1M | -3.7M | -5.7M | -7.6M | 1.2M | -1.7M | -662K | -23M |