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 23 | -$0.06 | -$0.07 | -16.7% | — | $1.4M | — |
| Q1 23 | -$0.08 | -$0.12 | -50.0% | — | $2.3M | — |
| Q4 22 | -$15 | -$23 | -53.3% | — | $2.3M | — |
| Q3 22 | -$12 | -$23 | -91.7% | — | $1.3M | — |
| Q2 22 | — | -$0.15 | — | — | $1.8M | — |
| Q1 22 | — | -$0.15 | — | — | $1.8M | — |
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 | — | -$0.45 | — | — | $3.4M | — |
| FY24 | — | -$3.6 | — | — | $4.7M | — |
| FY23 | — | -$23.1 | — | — | $6M | — |
| FY22 | — | -$74.8 | — | — | $7.3M | — |
| FY21 | — | -$34 |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|
| Revenue | $2.8M | $1.8M | $1.4M | $7.3M | $6M | $4.7M | $3.4M |
| YoY change | — | -35.4% | -22% | +417.7% | -18.2% | -21.6% | -27.6% |
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 |
|---|
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|
| Revenue | 2.8M | 1.8M | 1.4M | 7.3M | 6M | 4.7M | 3.4M |
| Cost of revenue | 3M | 1.8M | 1.8M | 5.9M | 4.3M | 6.1M | 9.1M |
| Gross profit | -211.3K | 20.8K | -366.6K | 1.4M | 1.6M | -1.5M | -5.7M |
| Gross margin | -7.55% | 1.15% | -26% | 19.7% | 27.5% | -31.4% | -168.2% |
| Research & development | — | — | — | — | — | — | — |
| Selling, general & administrative | 1.7M | 1.5M | 3.1M | 13.5M | 14.2M | 14.2M | 22.3M |
| Operating expenses | 1.7M | 1.5M | 3.1M | 13.5M | 14.2M | 14.2M | 22.3M |
| Operating income | -1.9M | -1.5M | -3.5M | -12M | -12.5M | -15.7M | -28M |
| Operating margin | -68.1% | -84.8% | -249.4% | -165.1% | -210.1% | -336.4% | -827.7% |
| Non-operating income, net | 12.9K | 8.5K | 633.3K | -14.3K | -137.8K | -537.9K | -1.5M |
| Pretax income | -1.9M | -1.5M | -3.7M | -12.8M | -14.3M | -17.5M | -29.5M |
| Income tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net income | -1.9M | -1.5M | -3.7M | -12.8M | -14.3M | -17.5M | -29.5M |
| Net margin | -68.9% | -85.4% | -265.9% | -176% | -240.3% | -375% | -871% |
| EBITDA | -1.4M | -1.1M | -3.9M | -11.7M | -13.4M | -14M | -25M |
| EPS | -11.9 | -9.52 | -34 | -74.8 | -23.1 | -3.6 | -0.45 |
| Diluted EPS | -11.9 | -9.52 | -34 | -74.8 | -23.1 | -3.6 | -0.45 |
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 | 985.5K | 1.3M | 1.1M | 927.6K | 1.9M | 826K | 238.5K | 1.3M | 1.3M | 586.3K | 359.4K | 583.1K |
| Cost of revenue | 1.1M | 1M | 966.1K | 1.8M | 1.8M | 1.6M | 1.9M | 2.3M | 2.6M | 2.3M | 1.4M | 1.2M |
| Gross profit | -96.3K | 334K | 84.1K | -841.1K | 38.2K | -750.1K | -1.6M | -1M | -1.3M | -1.7M | -1.1M | -629.7K |
| Gross margin | -9.77% | 24.9% | 8% | -90.7% | 2.04% | -90.8% | -682.8% | -81.5% | -100.1% | -296.4% | -292.2% | -108% |
| Research & development | — | — | — | — | — | — | — | — | — | — | — | — |
| Selling, general & administrative | 3.8M | 3.3M | 3.6M | 3.1M | 3.2M | 4.3M | 4.4M | 4.3M | 4.3M | 9.3M | 4.4M | 5.1M |
| Operating expenses | 3.8M | 3.3M | 3.6M | 3.1M | 3.2M | 4.3M | 4.4M | 4.3M | 4.3M | 9.3M | 4.4M | 5.1M |
| Operating income | -3.9M | -3M | -3.6M | -3.9M | -3.2M | -5.1M | -6.1M | -5.3M | -5.6M | -11M | -5.5M | -5.7M |
| Operating margin | -393.2% | -219.7% | -339.1% | -420.2% | -169.7% | -616% | -2.5K% | -419.5% | -433.8% | -1.9K% | -1.5K% | -976.2% |
| Non-operating income, net | -21.1K | -55.1K | -95.5K | -64.3K | -88.4K | -289.8K | -432.6K | -360.1K | -432.2K | -321.4K | 63.4K | 300 |
| Pretax income | -4.1M | -3.3M | -3.8M | -4.1M | -3.9M | -5.7M | -6.4M | -5.6M | -6M | -11.4M | -5.2M | -4.8M |
| Income tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net income | -4.1M | -3.3M | -3.8M | -4.1M | -3.9M | -5.7M | -6.4M | -5.6M | -6M | -11.4M | -5.2M | -4.8M |
| Net margin | -414.2% | -245.9% | -362.9% | -445.9% | -208.8% | -687.1% | -2.7K% | -446.1% | -464.8% | -1.9K% | -1.5K% | -820% |
| EBITDA | -3.8M | -3M | -3.4M | -3.3M | -2.6M | -4.7M | -5.1M | -4.5M | -4.9M | -11.2M | -4.6M | -4.2M |
| EPS | -5.49 | — | -140 | -0.99 | -0.93 | — | -0.35 | -0.31 | -0.24 | — | -0.08 | -0.06 |
| Diluted EPS | -5.49 | — | -140 | -0.99 | -0.93 | — | -0.35 | -0.31 | -0.24 | — | -0.08 | -0.06 |
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 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Market cap | — | — | — | — | — | — | — | 203.5M |
| Enterprise value | — | — | — | — | — | — | — | 49.2M |
| Shares outstanding | 162K | 162K | 111.6K | 171.7K | 620K | 4.9M | 65.4M | 65.4M |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | — | -4.48 |
| P/S | — | — | — | — | — | — | — | 75.9 |
| P/B | — | — | — | — | — | — | — | 1.14 |
| EV/EBITDA | — | — | — | — | — | — | — | -2.53 |
| EV/Sales | — | — | — | — | — | — | — | 17.4 |
| Earnings yield | — | — | — | — | — | — | — | -22.3% |
| FCF yield | — | — | — | — | — | — | — | -10.8% |
| PEG | — | — | — | — | — | — | — | 0.06 |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Gross margin | -7.55% | 1.15% | -26% | 19.7% | 27.5% | -31.4% | -168.2% | -108% |
| Operating margin | -68.1% | -84.8% | -249.4% | -165.1% | -210.1% | -336.4% | -827.7% | -976.2% |
| Net margin | -68.9% | -85.4% | -265.9% | -176% | -240.3% | -375% | -871% | -168.2% |
| ROE | 38.2% | 23.4% | -35.1% | -331.3% | -200.9% | -74.5% | -58.2% | -27% |
| ROA | -79.1% | -83.6% | -21.7% | -124.7% | -74% | -46.4% | -44.6% | -12.8% |
| ROIC | -124% | -98% | -321.9% | -302% | -116.7% | -87.5% | -170.7% | -118.1% |
| Return on tangible assets | -79.1% | -83.6% | -21.7% | -124.7% | -75.6% | -46.9% | -44.9% | -14.1% |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Current ratio | 0.1 | 0.07 | 4.2 | 1.17 | 0.75 | 1.57 | 3.37 | 33.3 |
| Quick ratio | 0.08 | 0.05 | 4.17 | 1.08 | 0.65 | 1.55 | 3.37 | 33.3 |
| Debt / equity | -1.32 | -1.24 | 0.39 | 0.62 | 0.68 | 0.43 | 0.18 | 0.01 |
| Debt / assets | 2.72 | 4.43 | 0.24 | 0.23 | 0.25 | 0.27 | 0.14 | 0.01 |
| Net debt / EBITDA | -4.62 | -7.7 | 2.46 | -0.01 | -0.27 | 0.4 | 1.37 | 6.64 |
| Interest coverage | -52.2 | -83.5 | -37.6 | -15.4 | -18.2 | -12.4 | -326 | -326 |
| Effective tax rate | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Revenue per share | 17.3 | 11.2 | 12.6 | 42.5 | 9.62 | 0.96 | 0.05 | 0.05 |
| EPS (basic) | -11.9 | -9.52 | -34 | -74.8 | -23.1 | -3.6 | -0.45 | -0.45 |
| EPS (diluted) | -11.9 | -9.52 | -34 | -74.8 | -23.1 | -3.6 | -0.45 | -0.66 |
| Book value per share | -31.1 | -40.7 | 95.5 | 22.6 | 11.5 | 4.83 | 0.77 | 1.87 |
| FCF per share | -7.42 | -9.83 | -24.2 | -82.7 | -30.6 | -4.78 | -0.4 | -0.36 |
| Cash per share | 0.35 | 0.12 | 122.8 | 13.4 | 1.96 | 3.22 | 0.66 | 1.65 |
| Capex per share | 0.03 | 0.03 | 1.95 | 12.2 | 11.6 | 1.53 | — | — |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Capex / revenue | 0.19% | 0.25% | 15.5% | 28.8% | 120.9% | 160% | — | — |
| Capex / operating cash flow | -0.34% | -0.46% | -8.84% | -17.1% | -51.8% | -47.5% | — | — |
| Payout ratio | — | — | — | 0% | -0.14% | 0% | — | 0% |
| — |
| — |
| $1.4M |
| — |
| FY20 | — | -$9.52 | — | — | $1.8M | — |
| FY19 | — | -$11.9 | — | — | $2.8M | — |
| Q1 24 |
|---|
| Q2 24 |
|---|
| Q3 24 |
|---|
| Q4 24 |
|---|
| Q1 25 |
|---|
| Q2 25 |
|---|
| Q3 25 |
|---|
| Q4 25 |
|---|
| Q1 26 |
|---|
| Q2 26 |
|---|
| Revenue | $985.5K | $1.3M | $1.1M | $927.6K | $1.9M | $826K | $238.5K | $1.3M | $1.3M | $586.3K | $359.4K | $583.1K |
| YoY change | -25.2% | -42.3% | -53.6% | -32.3% | +89.6% | -38.5% | -77.3% | +35.9% | -30.5% | -29% | +50.7% | -53.8% |
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 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 57.3K | 20.2K | 13.7M | 2.3M | 1.2M | 15.7M | 43.2M |
| Receivables | 485.9K | 342.2K | 574.1K | 1M | 1.2M | 1.5M | 2M |
| Inventory | 150.1K | 205.9K | 127.5K | 583.4K | 1.2M | 255.7K | — |
| Total current assets | 695.9K | 582.6K | 16M | 7.4M | 9.2M | 22.3M | 50.7M |
| Property, plant & equipment | 1.7M | 1.2M | 1.3M | 2.8M | 9.7M | 15M | 14.9M |
| Goodwill & intangibles | — | — | — | 0 | 398.1K | 398.1K | 398.1K |
| Total assets | 2.4M | 1.8M | 17.3M | 10.3M | 19.4M | 37.7M | 66.1M |
| Accounts payable | 845K | 63K | 814.1K | 2.1M | 5.4M | 2.7M | 4.2M |
| Short-term debt | 6.2M | 7.8M | 1.3M | 2.3M | 4.8M | 10.1M | 8.5M |
| Total current liabilities | 7M | 8.1M | 3.8M | 6.4M | 12.2M | 14.2M | 15M |
| Long-term debt | 458.2K | 334.6K | 2.8M | 63.3K | 0 | — | 434.7K |
| Total liabilities | 7.5M | 8.4M | 6.6M | 6.4M | 12.2M | 14.2M | 15.5M |
| Shareholders' equity | -5M | -6.6M | 10.7M | 3.9M | 7.1M | 23.5M | 50.6M |
| Total debt | 6.6M | 8.2M | 4.1M | 2.4M | 4.8M | 10.1M | 8.9M |
| Net debt | 6.6M | 8.1M | -9.6M | 113.4K | 3.6M | -5.6M | -34.2M |
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 | Q3 23 | 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 | 1.6M | 1.2M | 6.2M | 1.4M | 1.2M | 15.7M | 11.7M | 3.6M | 12.7M | 43.2M | 27.3M | 166.5M |
| Receivables | 874.6K | 1.2M | 822.8K | 886.1K | 1.8M | 1.5M | 1.1M | 1.9M | 2.2M | 2M | 1.5M | 1.5M |
| Inventory | 1.3M | 1.2M | 1.4M | 1.4M | 1.7M | 255.7K | 143K | 370.1K | 188.3K | — | — | — |
| Total current assets | 9.9M | 9.2M | 13.3M | 8.3M | 9.2M | 22.3M | 16.5M | 11.2M | 21.1M | 50.7M | 33.2M | 172.8M |
| Property, plant & equipment | 7.4M | 9.7M | 11.6M | 13.1M | 13.4M | 15M | 17M | 18M | 18.2M | 14.9M | 17.9M | 21.4M |
| Goodwill & intangibles | 398.1K | 398.1K | 398.1K | 398.1K | 398.1K | 398.1K | 398.1K | 398.1K | 398.1K | 398.1K | 398.1K | 398.1K |
| Total assets | 17.8M | 19.4M | 25.4M | 21.8M | 23.1M | 37.7M | 34M | 29.7M | 39.9M | 66.1M | 51.6M | 194.8M |
| Accounts payable | 5M | 5.4M | 3M | 4M | 4.8M | 2.7M | 2.5M | 4.4M | 3.8M | 4.2M | 1.7M | 2.4M |
| Short-term debt | 2.7M | 4.8M | 3.7M | 3.2M | 7.5M | 10.1M | 9.9M | 8.2M | 9.5M | 8.5M | 360.2K | 460.3K |
| Total current liabilities | 9.3M | 12.2M | 8.2M | 8.7M | 13.8M | 14.2M | 14.2M | 14.8M | 15.4M | 15M | 3.9M | 5.2M |
| Long-term debt | 0 | 0 | — | 0 | — | — | — | 575.6K | 505.7K | 434.7K | 362.5K | 766.9K |
| Total liabilities | 9.3M | 12.2M | 8.2M | 8.7M | 13.8M | 14.2M | 14.2M | 15.4M | 15.9M | 15.5M | 4.2M | 6M |
| Shareholders' equity | 8.5M | 7.1M | 17.2M | 13.1M | 9.3M | 23.5M | 19.8M | 14.3M | 24M | 50.6M | 47.4M | 188.8M |
| Total debt | 2.7M | 4.8M | 3.7M | 3.2M | 7.5M | 10.1M | 9.9M | 8.8M | 10M | 8.9M | 722.7K | 1.2M |
| Net debt | 1.1M | 3.6M | -2.4M | 1.8M | 6.3M | -5.6M | -1.8M | 5.1M | -2.8M | -34.2M | -26.6M | -165.3M |
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 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|
| Net income | -1.9M | -1.5M | -3.7M | -12.8M | -14.3M | -17.5M | -29.5M |
| Depreciation & amortization | 466.8K | 466.8K | 395K | 319.9K | 217.1K | 2.2M | 4.4M |
| Stock-based compensation | — | 0 | 200K | 1.2M | 1M | 289.2K | 853.2K |
| Change in working capital | -131.9K | 87.9K | -92.8K | -993K | -823.8K | -686.5K | 714.9K |
| Operating cash flow | -1.6M | -990.7K | -2.5M | -12.3M | -13.9M | -15.7M | -18.2M |
| Capital expenditure | -5.5K | -4.5K | -217.8K | -2.1M | -7.2M | -7.5M | — |
| Investing cash flow | -5.5K | -4.5K | -217.8K | -2.1M | -7.7M | -7.5M | — |
| Dividends paid | — | — | — | 0 | -19.6K | 0 | — |
| Share repurchases | — | — | — | — | — | — | — |
| Financing cash flow | 2.8M | 3.1M | 16.4M | 2.5M | 13.8M | 34.6M | 42.8M |
| Net change in cash | 1.2M | 2.1M | 13.7M | -11.9M | -7.8M | 11.4M | 24.6M |
| Free cash flow | -1.2M | -1.6M | -2.7M | -14.2M | -19M | -23.3M | -26.3M |
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 | 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 | -4.1M | -3.3M | -3.8M | -4.1M | -3.9M | -5.7M | -6.4M | -5.6M | -6M | -11.4M | -5.2M | -4.8M |
| Depreciation & amortization | 68.8K | 68.9K | 253K | 605K | 636.4K | 677.4K | 934.7K | 1.1M | 1.2M | 1.1M | 611.6K | 608K |
| Stock-based compensation | 38.3K | 176.9K | 79.2K | 80.8K | 76K | 53.1K | 252.2K | 184.4K | 188.6K | 227.9K | 215.1K | -17.9K |
| Change in working capital | -212.5K | -280.3K | 211.9K | -41.9K | -1.2M | 322.6K | 465.4K | -683.2K | -5.7K | 938.4K | 867.7K | -91.7K |
| Operating cash flow | -4.2M | -3.3M | -3.3M | -3.5M | -4.4M | -4.6M | -4.7M | -4.6M | -6.2M | -4.1M | -5.6M | -3.5M |
| Capital expenditure | -2.2M | -2.4M | -2.2M | -1.8M | -1M | -2.4M | -3M | — | — | — | — | — |
| Investing cash flow | -2.2M | -2.4M | -2.2M | -1.8M | -1M | -2.4M | -3M | — | — | — | — | — |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | -127.5K | 2.9M | 11.4M | -1.5M | 3.1M | 21.5M | -3.7M | -7.6M | 16M | 35.7M | -16.4M | 146.2M |
| Net change in cash | -6.5M | -2.8M | 5.9M | -6.8M | -2.3M | 14.6M | -11.4M | -12.3M | 9.8M | 31.6M | -22.1M | 142.7M |
| Free cash flow | -6M | -4.2M | -7.6M | -4M | -3.8M | -7.9M | -6.2M | -6M | -7.7M | -6.5M | -9.3M | -7.1M |