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 24 | -$5.6K | -$2.1K | +62.5% | — | $6.7M | — |
| Q1 24 | -$0.13 | -$0.11 | +15.4% | — | $13.5M | — |
| Q4 23 | -$11.2K | -$11.9K | -6.2% | — | $15.3M | — |
| Q3 23 | — | -$0.17 | — | — | $18.2M | — |
| Q2 23 | — | -$0.12 | — | — | $20.4M | — |
| Q1 23 | — | -$0.26 | — | — | $15.6M | — |
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 | — | -$397.4 | — | — | — | — |
| FY24 | — | -$383.5 | — | — | $22.1M | — |
| FY23 | — | -$49.2 | — | — | $69.4M | — |
| FY22 | — | -$50.1 | — | — | $79.7M | — |
| FY21 | — | -$33 | — | — |
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 | $268.2K | $14M | $79.7M | $69.4M | $22.1M | — |
| YoY change | — | +5.1K% | +468.3% | -12.9% | -68.2% | — |
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 |
|---|
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 | 268.2K | 14M | 79.7M | 69.4M | 22.1M | — |
| Cost of revenue | 225.2K | 13.9M | 79.2M | 68.9M | 21.3M | — |
| Gross profit | 43K | 139.9K | 476.2K | 523.3K | 816.1K | — |
| Gross margin | 16% | 1% | 0.6% | 0.75% | 3.7% | — |
| Research & development | 55.4K | 435.5K | 266.7K | 549.1K | 513.5K | — |
| Selling, general & administrative | 98.6K | 7.3M | 10.4M | 10.2M | 6.4M | — |
| Operating expenses | 154K | 7.7M | 10.7M | 10.8M | 6.9M | — |
| Operating income | -111K | -7.6M | -10.2M | -10.2M | -6.1M | — |
| Operating margin | -41.4% | -54.2% | -12.8% | -14.7% | -27.5% | — |
| Non-operating income, net | — | 75.3K | 54.9K | -7.9K | -50.7K | — |
| Pretax income | -111K | -7.9M | -11.7M | -11.6M | -6.5M | — |
| Income tax | 0 | 2K | 15.6K | 97.6K | 39.7K | — |
| Net income | -111K | -7.9M | -11.7M | -11.7M | -6.6M | — |
| Net margin | -41.4% | -56.5% | -14.7% | -16.9% | -29.8% | — |
| EBITDA | -111K | -7.5M | -10.1M | -10.1M | -4.5M | — |
| EPS | -0.46 | -33 | -50.1 | -49.2 | -383.5 | -397.4 |
| Diluted EPS | -0.46 | -33 | -50.1 | -49.2 | -383.5 | -397.4 |
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 | Q1 26 | Q2 26 | Q3 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 18.2M | 15.3M | 13.5M | 6.7M | 1.6M | 293K | 207.4K | 301.9K | 666.5K | 182.5K | 1.1M | 1.5M |
| Cost of revenue | 18M | 15.2M | 13.3M | 6.4M | 1.4M | 202.2K | 35.2K | 77.9K | 180.2K | 181.2K | 1.1M | 1.5M |
| Gross profit | 147.8K | 71.2K | 162.6K | 345.6K | 217K | 90.8K | 172.2K | 224K | 486.3K | 1.3K | 907 | 6.4K |
| Gross margin | 0.81% | 0.47% | 1.21% | 5.15% | 13.6% | 31% | 83% | 74.2% | 73% | 0.7% | 0.08% | 0.43% |
| Research & development | 106K | 145.9K | 82.4K | 138.2K | 181.5K | 111.4K | 47.2K | 33.1K | 5.3K | 778K | 24.7K | 78.9K |
| Selling, general & administrative | 2.9M | 2.6M | 2M | 1.3M | 1.4M | 1.7M | 936.6K | 883.8K | 524.3K | 963.8K | 4.6M | 4.1M |
| Operating expenses | 3M | 2.8M | 2.1M | 1.4M | 1.6M | 1.8M | 983.8K | 917K | 529.7K | 1.7M | 4.6M | 4.2M |
| Operating income | -2.9M | -2.7M | -1.9M | -1.1M | -1.4M | -1.7M | -811.7K | -693K | -43.4K | -1.7M | -4.6M | -4.2M |
| Operating margin | -15.9% | -17.7% | -14.3% | -16.2% | -85.9% | -574.9% | -391.4% | -229.5% | -6.51% | -953.5% | -427.7% | -278.9% |
| Non-operating income, net | 1.3K | -45.6K | 88.6K | 36.8K | -340.2K | 164.1K | -126.1K | 471K | 1.3M | -392.7K | 1.6M | 1.9M |
| Pretax income | -2.9M | -3.1M | -2.1M | -1.2M | -1.7M | -1.5M | -939.3K | -222.9K | 1.3M | -2.1M | -3M | -2.3M |
| Income tax | 11.5K | 63.1K | 14.9K | 6K | 0 | 18.9K | 11.4K | 9.4K | 0 | 0 | 100K | 50K |
| Net income | -2.9M | -3.1M | -2.1M | -1.2M | -1.7M | -1.5M | -950.7K | -232.3K | 1.3M | -2.1M | -3.1M | -2.3M |
| Net margin | -16.1% | -20.4% | -15.8% | -17.9% | -107.3% | -526.3% | -458.5% | -77% | 189% | -1.2K% | -287.7% | -154.7% |
| EBITDA | -2.9M | -2.7M | -1.8M | -471.3K | -1.1M | -1.1M | -477.1K | -467K | 165.3K | -1.7M | -4.5M | -4.4M |
| EPS | -11.8 | — | -7.83 | -2.22 | -2.32 | — | -17.5 | -10 | 21.8 | -7.6 | -3.47 | -1.39 |
| Diluted EPS | -11.8 | — | -7.83 | -2.22 | -2.32 | — | -17.5 | -10 | 21.8 | -7.6 | -3.47 | -1.39 |
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 | — | — | — | — | — | — | 2.9M |
| Enterprise value | — | — | — | — | — | — | 711.1K |
| Shares outstanding | 240.4K | 240.4K | 234.6K | 238.5K | 17.2K | 58.8K | 58.8K |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | 0 |
| P/S | — | — | — | — | — | — | 1.06 |
| P/B | — | — | — | — | — | — | 0.23 |
| EV/EBITDA | — | — | — | — | — | — | -0.05 |
| EV/Sales | — | — | — | — | — | — | 0.18 |
| Earnings yield | — | — | — | — | — | — | 33.7K% |
| FCF yield | — | — | — | — | — | — | -218.5% |
| PEG | — | — | — | — | — | — | -0 |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Gross margin | 16% | 1% | 0.6% | 0.75% | 3.7% | — | 0.43% |
| Operating margin | -41.4% | -54.2% | -12.8% | -14.7% | -27.5% | — | -278.9% |
| Net margin | -41.4% | -56.5% | -14.7% | -16.9% | -29.8% | — | 0% |
| ROE | -26.4% | 121.5% | 75.3% | 9K% | -194.8% | — | -138.7% |
| ROA | -17.5% | -214.8% | -434.3% | -184% | -153.9% | — | -34.2% |
| ROIC | -26.4% | 176.7% | 399.2% | -3.4K% | -197.2% | — | -83% |
| Return on tangible assets | -17.5% | -214.8% | -434.3% | -184% | 332.1% | — | -29.2% |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Current ratio | 2.96 | 0.7 | 0.12 | 0.93 | 1.07 | — | 3.57 |
| Quick ratio | 2.96 | 0.62 | 0.11 | 0.87 | 1.04 | — | 3.57 |
| Debt / equity | — | -0.78 | -0.95 | -38.6 | 0.02 | — | 0 |
| Debt / assets | — | 1.37 | 5.51 | 0.79 | 0.02 | — | 0 |
| Net debt / EBITDA | — | -0.3 | -1.3 | -0.04 | 0.07 | — | 0.27 |
| Interest coverage | — | -18.7 | -6.29 | -7.4 | -14.1 | — | -2.7K |
| Effective tax rate | 0% | 0% | 0% | 0% | 0% | — | 0% |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Revenue per share | 1.12 | 58.3 | 339.7 | 291.1 | 1.3K | — | 5.24 |
| EPS (basic) | -0.46 | -33 | -50.1 | -49.2 | -383.5 | -397.4 | -397.4 |
| EPS (diluted) | -0.46 | -33 | -50.1 | -49.2 | -383.5 | -397.4 | -408.2 |
| Book value per share | 1.75 | -27.1 | -66.5 | -0.55 | 196.9 | — | 9.32 |
| FCF per share | -2.04 | -28.6 | -38.3 | -40.5 | -286.5 | — | -3.8 |
| Cash per share | 0 | 11.8 | 7.87 | 19.3 | 21.6 | — | 1.74 |
| Capex per share | 0 | 0.35 | 1.33 | 0.26 | 0.97 | — | — |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Capex / revenue | 0.13% | 0.61% | 0.39% | 0.09% | 0.08% | — | — |
| Capex / operating cash flow | -0.06% | -1.19% | -3.38% | -0.61% | -0.3% | — | — |
| Payout ratio | — | — | — | — | — | — | 0% |
| $14M |
| — |
| FY20 | — | -$0.46 | — | — | $268.2K | — |
| Q1 25 |
|---|
| Q2 25 |
|---|
| Q3 25 |
|---|
| Q1 26 |
|---|
| Q2 26 |
|---|
| Q3 26 |
|---|
| Revenue | $18.2M | $15.3M | $13.5M | $6.7M | $1.6M | $293K | $207.4K | $301.9K | $666.5K | $182.5K | $1.1M | $1.5M |
| YoY change | -14% | -6.03% | -13.5% | -67.2% | -91.2% | -98.1% | -98.5% | -95.5% | -58.2% | -12% | +258.1% | +125.2% |
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 | FY20 | FY21 | FY22 | FY23 | FY24 |
|---|---|---|---|---|---|
| Cash & short-term investments | 372 | 2.8M | 1.8M | 4.6M | 371.6K |
| Receivables | 88K | 94.2K | 0 | 163.2K | 0 |
| Inventory | 0 | 392.8K | 216.1K | 400.5K | 27.5K |
| Total current assets | 635K | 3.6M | 2.3M | 6M | 956.7K |
| Property, plant & equipment | 333 | 102.6K | 337.6K | 341K | 190.9K |
| Goodwill & intangibles | — | — | — | 0 | 6.3M |
| Total assets | 635.4K | 3.7M | 2.7M | 6.4M | 4.3M |
| Accounts payable | 39.8K | 205.7K | 39.7K | 42.9K | 22.4K |
| Short-term debt | — | 5K | 14.8M | 5M | 62K |
| Total current liabilities | 214.7K | 5.1M | 18.2M | 6.5M | 895.1K |
| Long-term debt | — | 5.1M | 78.9K | 30.1K | 2.7K |
| Total liabilities | 214.7K | 10.2M | 18.3M | 6.5M | 897.9K |
| Shareholders' equity | 420.7K | -6.5M | -15.6M | -130.3K | 3.4M |
| Total debt | — | 5.1M | 14.9M | 5M | 64.7K |
| Net debt | — | 2.2M | 13M | 434.1K | -135.3K |
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 | Q1 26 | Q2 26 | Q3 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 4.1M | 4.6M | 2.6M | 1.2M | 306.5K | 371.6K | 116.7K | 762.9K | 283.5K | 1.3M | 5.5M | 2.9M |
| Receivables | 43.3K | 163.2K | 152.8K | 185.6K | 72.7K | 0 | 39.7K | 257.5K | 895.1K | 1.4M | 778.5K | 547.8K |
| Inventory | 213.8K | 400.5K | 383K | 126.9K | 48.2K | 27.5K | 22.1K | 13.9K | 12.5K | 21.1K | 136.4K | 18.5K |
| Total current assets | 5.2M | 6M | 4.2M | 2.4M | 1.2M | 956.7K | 1.2M | 2.1M | 10.7M | 4.3M | 17M | 17.2M |
| Property, plant & equipment | 400.4K | 341K | 298.8K | 276.2K | 232.6K | 190.9K | 185.5K | 137.3K | 112.9K | 838K | 1.1M | 73.4K |
| Goodwill & intangibles | — | 0 | — | 3.3M | 4.8M | 6.3M | 8.5M | 28.5M | 30.3M | 6.1M | 0 | 0 |
| Total assets | 5.7M | 6.4M | 5.5M | 4.9M | 4.2M | 4.3M | 7.1M | 19.1M | 30.4M | 16.6M | 24.2M | 21.6M |
| Accounts payable | 0 | 42.9K | 133.8K | 168.5K | 180K | 22.4K | 25.7K | 18.8K | 154.7K | 20K | 37.4K | 21K |
| Short-term debt | 2.1M | 5M | 3.8M | 39.1K | 88.2K | 62K | 46.9K | 7.2K | 57.2K | 81K | 75.2K | 55.8K |
| Total current liabilities | 3.1M | 6.5M | 6.4M | 1.2M | 1.1M | 895.1K | 829.3K | 694.1K | 1.3M | 3.5M | 3.9M | 4.8M |
| Long-term debt | 37.5K | 30.1K | 27.3K | 16.3K | 13.2K | 2.7K | 1.6K | — | — | 62.1K | 48.6K | 0 |
| Total liabilities | 3.1M | 6.5M | 6.5M | 1.2M | 1.1M | 897.9K | 830.9K | 694.1K | 1.3M | 4.6M | 6.3M | 6M |
| Shareholders' equity | 2.6M | -130.3K | -936.4K | 3.7M | 3.1M | 3.4M | 6.3M | 18.4M | 29.1M | 12M | 18M | 15.6M |
| Total debt | 2.2M | 5M | 3.9M | 55.4K | 101.4K | 64.7K | 48.4K | 7.2K | 57.2K | 143.1K | 123.8K | 55.8K |
| Net debt | -1.9M | 434.1K | 1.3M | -1.2M | -205.1K | -135.3K | -24.1K | -251.3K | -223.9K | -1.1M | -5.3M | -2.9M |
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 | -111K | -7.9M | -11.7M | -11.7M | -6.6M | — |
| Depreciation & amortization | 3 | 9.6K | 60.6K | 143.5K | 765.4K | — |
| Stock-based compensation | — | 0 | 1.3M | 819.3K | 93.1K | — |
| Change in working capital | -459.5K | 563.8K | -98.3K | -565.3K | 872.4K | — |
| Operating cash flow | -570.5K | -7.1M | -9.2M | -10M | -5.5M | — |
| Capital expenditure | -342 | -84.8K | -311.7K | -61.2K | -16.7K | — |
| Investing cash flow | -342 | -84.8K | -311.7K | -61.2K | -61.5K | — |
| Dividends paid | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — |
| Financing cash flow | 493.9K | 9.8M | 8.2M | 12.7M | -3.2M | -2.7K |
| Net change in cash | -77K | 2.6M | -1.4M | 2.6M | -8.8M | -2.7K |
| Free cash flow | -489.6K | -6.9M | -9M | -9.6M | -4.9M | — |
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 | -3.1M | -2.1M | — | — | -1.5M | — | — | — | — | -2.1M | -3.1M | -2.3M |
| Depreciation & amortization | 34.3K | 47K | — | — | 313.6K | — | — | — | — | 33.4K | 96.2K | 25.7K |
| Stock-based compensation | 0 | 0 | — | — | 93.1K | — | — | — | — | 100K | 787.2K | 251.2K |
| Change in working capital | -232.4K | -48.5K | — | — | 320K | — | — | — | — | -33K | -1.4M | 834.2K |
| Operating cash flow | -3M | -1.9M | — | — | -815.4K | — | — | — | — | -1.8M | -3M | -459.6K |
| Capital expenditure | 22.4K | -6.2K | — | — | -1.7K | — | — | — | — | — | — | — |
| Investing cash flow | 22.4K | -6.2K | — | — | -1.7K | — | — | — | — | -59.9K | -55 | -1.8M |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | 3.1M | -160.2K | -3.4M | -7.1K | 515.6K | -20.1K | -20.6K | -1.3K | -11.8K | 3.4M | 6.5M | -74.4K |
| Net change in cash | 40.1K | -2.1M | -3.4M | -7.1K | -301.5K | -20.1K | -20.6K | -1.3K | -11.8K | 1.6M | 3.5M | -2.3M |
| Free cash flow | -2.5M | -1.9M | — | — | -553.6K | — | — | — | — | -2.4M | -3.3M | -526.9K |