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 25 | -$0.01 | -$0.02 | -100.0% | — | $5.8M | — |
| Q1 25 | -$0.01 | -$0.02 | -100.0% | — | $5.5M | — |
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 | — | -$0.07 | — | — | $22.8M | — |
| FY24 | — | -$0.04 | — | — | $24.6M | — |
| FY23 | — | -$0.28 | — | — | $28.1M | — |
| FY22 | — | -$0.59 | — | — | $26.6M | — |
| FY21 | — | -$0.23 | — | — | $23.4M | — |
| FY20 | — | -$0.06 | — | — | $15.2M | — |
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 | $15.2M | $23.4M | $26.6M | $28.1M | $24.6M | $22.8M |
| YoY change | — | +53.9% | +14% | +5.34% | -12.1% | -7.36% |
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 | $5.1M |
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 | 15.2M | 23.4M | 26.6M | 28.1M | 24.6M | 22.8M |
| Cost of revenue | 5M | 6.3M | 6.7M | 6.5M | 6.7M | 6.8M |
| Gross profit | 10.2M | 17.1M | 19.9M | 21.6M | 18M | 16M |
| Gross margin | 67.2% | 73.2% | 74.8% | 76.9% | 73% | 70% |
| Research & development | 4.4M | 8.4M | 11.4M | 8M | 5.9M | 4.8M |
| Selling, general & administrative | 7.4M | 15.2M | 24.9M | 21.9M | 12.7M | 12.9M |
| Operating expenses | 11.8M | 23.6M | 36.2M | 29.9M | 18.6M | 17.7M |
| Operating income | -1.6M | -6.5M | -16.3M | -8.3M | -600K | -1.7M |
| Operating margin | -10.5% | -28% | -61.2% | -29.7% | -2.43% | -7.56% |
| Non-operating income, net | — | 781K | 4.2M | 334K | 929K | -136K |
| Pretax income | -1.6M | -5.7M | -13.1M | -10.2M | -1.9M | -3.2M |
| Income tax | 0 | 2K | 3K | 4K | 3K | 95K |
| Net income | -1.6M | -5.8M | -13.1M | -10.2M | -1.9M | -3.2M |
| Net margin | -10.5% | -24.6% | -49.1% | -36.5% | -7.61% | -14.2% |
| EBITDA | -1.6M | -6.4M | -15.7M | -7.6M | -50K | -1.3M |
| EPS | -0.06 | -0.23 | -0.59 | -0.28 | -0.04 | -0.07 |
| Diluted EPS | -0.06 | -0.23 | -0.59 | -0.28 | -0.04 | -0.07 |
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 | 5.1M | 5.5M | 5.8M | 5.9M | 5.6M | 5.4M |
| Cost of revenue | 956K | 1.2M | 1.5M | 1.7M | 2.4M | 1.9M |
| Gross profit | 4.2M | 4.3M | 4.3M | 4.1M | 3.2M | 3.6M |
| Gross margin | 81.4% | 78.1% | 74.3% | 70.6% | 57% | 65.9% |
| Research & development | 1.3M | 1.3M | 1.2M | 1.1M | 1.2M | 1.2M |
| Selling, general & administrative | 3.1M | 3.5M | 3.8M | 2.5M | 3.2M | 2.5M |
| Operating expenses | 4.4M | 4.7M | 5.1M | 3.6M | 4.3M | 3.7M |
| Operating income | -216K | -427K | -726K | 563K | -1.1M | -139K |
| Operating margin | -4.2% | -7.74% | -12.4% | 9.59% | -20.2% | -2.55% |
| Non-operating income, net | -634K | — | -131K | -10K | 5K | — |
| Pretax income | -1.1M | -751K | -1.1M | 219K | -1.5M | -494K |
| Income tax | 3K | 0 | 0 | 0 | 95K | — |
| Net income | -1.1M | -751K | -1.1M | 219K | -1.6M | -494K |
| Net margin | -21.3% | -13.6% | -19.5% | 3.73% | -28% | -9.07% |
| EBITDA | -119K | -299K | -576K | 643K | -1.1M | -81K |
| EPS | — | -0.02 | -0.02 | 0 | — | -0.01 |
| Diluted EPS | — | -0.02 | -0.02 | 0 | — | -0.01 |
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 | — | — | — | — | — | 568.7K | 341.5K |
| Enterprise value | — | — | — | — | — | 8.7M | 9.1M |
| Shares outstanding | 25.3M | 25.3M | 22.3M | 36.1M | 45.9M | 47.4M | 47.4M |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | -0.1 |
| P/S | — | — | — | — | — | 0.02 | 0.02 |
| P/B | — | — | — | — | — | -0.05 | -0.03 |
| EV/EBITDA | — | — | — | — | — | -6.53 | -6.54 |
| EV/Sales | — | — | — | — | — | 0.38 | 0.4 |
| Earnings yield | — | — | — | — | — | — | -1000% |
| FCF yield | — | — | — | — | — | 56.4% | 273% |
| PEG | — | — | — | — | — | — | 0 |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Gross margin | 67.2% | 73.2% | 74.8% | 76.9% | 73% | 70% | 65.9% |
| Operating margin | -10.5% | -28% | -61.2% | -29.7% | -2.43% | -7.56% | -2.55% |
| Net margin | -10.5% | -24.6% | -49.1% | -36.5% | -7.61% | -14.2% | -13.1% |
| ROE | -16.8% | -129% | 360.4% | 118% | 19.2% | 26% | 26% |
| ROA | -13% | -81.6% | -135.4% | -200.5% | -27.5% | -70.1% | -16.1% |
| ROIC | 1.1K% | -292.7% | -870.7% | 193% | -181.8% | 39.4% | 39.4% |
| Return on tangible assets | -13% | -86.5% | -135.4% | -200.5% | -27.5% | -70.7% | -70.4% |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Current ratio | 4.75 | 2.54 | 0.84 | 0.33 | 0.68 | 0.54 | 0.23 |
| Quick ratio | 4.75 | 2.54 | 0.84 | 0.33 | 0.68 | 0.54 | 0.23 |
| Debt / equity | 0.08 | 0 | -2.49 | -0.54 | -1.15 | -0.77 | -0.01 |
| Debt / assets | 0.06 | 0 | 0.94 | 0.92 | 1.65 | 2.08 | 2.35 |
| Net debt / EBITDA | 6.11 | 0.35 | -0.35 | -0.57 | -202 | -6.1 | -7.92 |
| Interest coverage | — | — | -12.8 | -3.55 | 0.15 | -1.38 | -1.14 |
| Effective tax rate | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Revenue per share | 0.6 | 0.92 | 1.19 | 0.78 | 0.54 | 0.48 | 0.47 |
| EPS (basic) | -0.06 | -0.23 | -0.59 | -0.28 | -0.04 | -0.07 | -0.07 |
| EPS (diluted) | -0.06 | -0.23 | -0.59 | -0.28 | -0.04 | -0.07 | -0.06 |
| Book value per share | 0.38 | 0.18 | -0.16 | -0.24 | -0.21 | -0.26 | -0.27 |
| FCF per share | -0.05 | -0.32 | -0.66 | -0.12 | -0.02 | 0.01 | 0 |
| Cash per share | 0.41 | 0.09 | 0.16 | 0.01 | 0.03 | 0.03 | 0.03 |
| Capex per share | 0.01 | 0.01 | 0.01 | 0.01 | 0 | 0 | 0 |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Capex / revenue | 1.28% | 1.08% | 0.58% | 1.25% | 0.26% | 0.18% | 0.15% |
| Capex / operating cash flow | -21.3% | -3.86% | -1.37% | -5.78% | -2.9% | 8.93% | 16.7% |
| Payout ratio | — | — | — | — | — | — | 0% |
| $5.5M |
| $5.8M |
| $5.9M |
| $5.6M |
| $5.4M |
| YoY change | — | — | — | — | +9.24% | -1.31% |
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 | 10.4M | 2.2M | 3.5M | 331K | 1.2M | 1.5M |
| Receivables | 1M | 2.5M | 3.6M | 3.7M | 1.9M | 1.6M |
| Inventory | — | — | — | — | — | — |
| Total current assets | 12.1M | 6.6M | 8.3M | 4.4M | 3.9M | 4.2M |
| Property, plant & equipment | 205K | 480K | 1.1M | 660K | 3M | 435K |
| Goodwill & intangibles | 0 | 392K | — | — | — | 34K |
| Total assets | 12.3M | 7M | 9.7M | 5.1M | 6.8M | 4.6M |
| Accounts payable | 861K | 215K | 1.1M | 2.9M | 924K | 1.7M |
| Short-term debt | 521K | — | 5.9M | 4.5M | 365K | 215K |
| Total current liabilities | 2.5M | 2.6M | 9.8M | 13.6M | 5.7M | 7.7M |
| Long-term debt | 260K | 0 | 3.1M | 225K | 10.9M | 9.4M |
| Total liabilities | 2.8M | 2.6M | 13.3M | 13.8M | 16.6M | 17.1M |
| Shareholders' equity | 9.5M | 4.5M | -3.6M | -8.7M | -9.8M | -12.5M |
| Total debt | 781K | 0 | 9M | 4.7M | 11.3M | 9.6M |
| Net debt | -9.7M | -2.2M | 5.5M | 4.4M | 10.1M | 8.1M |
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 | 1.2M | 1.1M | 1.4M | 1.5M | 1.5M | 1.3M |
| Receivables | 1.9M | 2M | 1.5M | 1.4M | 1.6M | 1.4M |
| Inventory | — | — | — | — | — | — |
| Total current assets | 3.9M | 4M | 4.1M | 4.7M | 4.2M | 3.9M |
| Property, plant & equipment | 3M | 2.8M | 495K | 462K | 435K | 377K |
| Goodwill & intangibles | — | — | — | 34K | 34K | 34K |
| Total assets | 6.8M | 6.9M | 4.6M | 5.2M | 4.6M | 4.3M |
| Accounts payable | 924K | 1.1M | 806K | 1.3M | 1.7M | 1.5M |
| Short-term debt | 365K | 379K | 218K | 225K | 215K | 9.9M |
| Total current liabilities | 5.7M | 6.1M | 7M | 6.7M | 7.7M | 17.1M |
| Long-term debt | 10.9M | 11.2M | 9M | 9.4M | 9.4M | 119K |
| Total liabilities | 16.6M | 17.2M | 16M | 16.1M | 17.1M | 17.2M |
| Shareholders' equity | -9.8M | -10.4M | -11.3M | -11M | -12.5M | -12.9M |
| Total debt | 11.3M | 11.5M | 9.2M | 9.6M | 9.6M | 10.1M |
| Net debt | 10.1M | 10.5M | 7.8M | 8.1M | 8.1M | 8.8M |
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 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|
| Net income | -1.6M | -5.8M | -13.1M | -10.2M | -1.9M | -3.2M |
| Depreciation & amortization | 19K | 173K | 577K | 681K | 544K | 363K |
| Stock-based compensation | 179K | 595K | 1.2M | 821K | 742K | 481K |
| Change in working capital | 485K | -1.5M | -313K | 1.7M | -1.7M | 991K |
| Operating cash flow | -915K | -6.5M | -11.3M | -6.1M | -2.2M | 448K |
| Capital expenditure | -195K | -252K | -154K | -351K | -64K | -40K |
| Investing cash flow | -195K | -374K | -413K | -351K | -64K | -40K |
| Dividends paid | — | — | — | — | — | — |
| Share repurchases | -3.3M | 0 | — | — | — | — |
| Financing cash flow | 9M | 0 | 16.1M | 296K | -60K | 0 |
| Net change in cash | 7.9M | -6.9M | 4.4M | -6.1M | -2.3M | 408K |
| Free cash flow | -1.2M | -8.1M | -14.7M | -4.3M | -1M | 321K |
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 | -1.1M | -751K | -1.1M | 219K | -1.6M | -494K |
| Depreciation & amortization | 97K | 128K | 117K | 79K | 39K | 58K |
| Stock-based compensation | 164K | 163K | 173K | 88K | 57K | 71K |
| Change in working capital | -318K | 320K | 523K | -205K | 351K | -108K |
| Operating cash flow | -134K | 111K | 55K | 227K | -37K | -41K |
| Capital expenditure | 0 | -6K | -8K | -14K | -12K | 0 |
| Investing cash flow | 0 | -6K | -8K | -14K | -12K | 0 |
| Dividends paid | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — |
| Financing cash flow | -98K | 0 | 0 | 0 | 0 | — |
| Net change in cash | -232K | 105K | 47K | 213K | -49K | -41K |
| Free cash flow | 381K | -92K | 296K | 149K | -32K | -229K |