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 % |
|---|---|---|---|---|---|---|
| Q4 23 | -$7 | -$1.48 | +78.9% | — | — | — |
| Q3 23 | -$0.08 | -$0.07 | +12.5% | — | — | — |
| Q2 23 | -$0.11 | -$0.11 | 0.0% | — | — | — |
| Q1 23 | -$527 | -$391 | +25.8% | — | $376K | — |
| Q3 22 | -$544 | -$459 | +15.6% | — | $477K | — |
| Q2 22 | -$408 | -$544 | -33.3% | — | $528K | — |
| Q1 22 | — | -$0.23 | — | — | $428K | — |
| Q4 21 | — | -$0.41 | — | — | $366K | — |
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 | — | -$7.84 | — | — | $0 | — |
| FY24 | — | -$19.7 | — | — | $780K | — |
| FY23 | — | -$4.16 | — | — | $1.2M | — |
| FY22 | — | -$104 | — | — | $1.8M | — |
| FY21 | — | -$243 | — | — |
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 | $420K | $860K | $1.3M | $1.8M | $1.2M | $780K | $0 |
| YoY change | — | +104.8% | +46.2% | +46.4% | -36.1% | -33.7% | -100% |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | Q2 23 | Q3 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 | 420K | 860K | 1.3M | 1.8M | 1.2M | 780K | 0 |
| Cost of revenue | 709K | 1.1M | 1.3M | 1.5M | 889K | 778K | — |
| Gross profit | -289K | -225K | -38K | 299K | 287K | 2K | — |
| Gross margin | -68.8% | -26.2% | -3.02% | 16.3% | 24.4% | 0.26% | — |
| Research & development | 990K | 659K | 878K | 1.7M | 1.7M | 1.3M | 3.1M |
| Selling, general & administrative | 2.4M | 2.3M | 4.7M | 8.7M | 6.9M | 4.3M | 4.8M |
| Operating expenses | 3.4M | 3M | 5.6M | 10.4M | 8.5M | 5.7M | 7.9M |
| Operating income | -3.6M | -3.2M | -5.6M | -10.1M | -8.2M | -5.7M | -7.9M |
| Operating margin | -867.4% | -372.6% | -448.1% | -548.8% | -701.1% | -725.8% | — |
| Non-operating income, net | -60K | -12K | -1M | — | — | — | 28K |
| Pretax income | -4.1M | -3.6M | -8.5M | -10.1M | -8.2M | -5.7M | -8M |
| Income tax | 2K | 0 | 1K | — | — | — | — |
| Net income | -4.1M | -3.6M | -8.5M | -10.1M | -8.2M | -5.7M | -8.9M |
| Net margin | -987.6% | -423.1% | -675.7% | -548.7% | -701% | -725% | — |
| EBITDA | -3.6M | -3.2M | -5.4M | -9.9M | -8.1M | -5.3M | -7.9M |
| EPS | -44.8 | -39.3 | -243 | -104 | -4.16 | -19.7 | -7.84 |
| Diluted EPS | -44.8 | -39.3 | -243 | -104 | -4.16 | -19.7 | -7.84 |
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | Q2 23 | Q3 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 161K | 282K | 357K | 334K | 140K | 126K | 180K | 70K | 86K | 146K | -302K | 0 |
| Cost of revenue | 100K | 174K | 352K | 167K | 110K | 82K | 419K | 20K | 32K | 291K | — | — |
| Gross profit | 61K | 108K | 5K | 167K | 30K | 44K | -239K | 50K | 54K | -145K | — | — |
| Gross margin | 37.9% | 38.3% | 1.4% | 50% | 21.4% | 34.9% | -132.8% | 71.4% | 62.8% | -99.3% | — | — |
| Research & development | 468K | 337K | 360K | 256K | 302K | 422K | 333K | 335K | 655K | 858K | 1.3M | 1.9M |
| Selling, general & administrative | 1.7M | 1.5M | 1.9M | 1.4M | 934K | 1.1M | 971K | 1.2M | 1.3M | 1.5M | 733K | 3.8M |
| Operating expenses | 2.2M | 1.9M | 2.2M | 1.6M | 1.2M | 1.5M | 1.3M | 1.6M | 2M | 2.3M | 2M | 5.6M |
| Operating income | -2.1M | -1.8M | -2.2M | -1.5M | -1.2M | -1.4M | -1.5M | -1.5M | -1.9M | -2.5M | -2M | -5.6M |
| Operating margin | -1.3K% | -624.1% | -628.6% | -443.4% | -861.4% | -1.1K% | -857.2% | -2.2K% | -2.2K% | -1.7K% | 654% | — |
| Non-operating income, net | — | — | — | — | -60K | — | — | — | — | -117K | 145K | 33K |
| Pretax income | -2.1M | -1.8M | -2.2M | -1.5M | -1.3M | -1.4M | -1.5M | -1.5M | -1.9M | -2.6M | -2M | -6.2M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — |
| Net income | -2.1M | -1.8M | -2.2M | -1.5M | -1.3M | -1.4M | -1.5M | -1.5M | -1.9M | -2.6M | -2.8M | -6.2M |
| Net margin | -1.3K% | -624.1% | -628.3% | -443.4% | -904.3% | -1.1K% | -820.6% | -2.1K% | -2.2K% | -1.8K% | 943.4% | — |
| EBITDA | -2.1M | -1.7M | -2.2M | -1.4M | -1.2M | -1.4M | -1.3M | -1.5M | -1.9M | -2.4M | -2.1M | -5.4M |
| EPS | -7.16 | -1.48 | — | -17.2 | -5.44 | -3.91 | — | -2.52 | -2.19 | -1.97 | — | -2.23 |
| Diluted EPS | -7.16 | -1.48 | — | -17.2 | -5.44 | -3.91 | — | -2.52 | -2.19 | -1.97 | — | -2.23 |
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 | — | — | — | — | — | — | — | 8.7M |
| Enterprise value | — | — | — | — | — | — | — | -3.3M |
| Shares outstanding | 92.7K | 92.7K | 34.9K | 96.7K | 2M | 287.4K | 1.2M | 1.2M |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | — | 0.04 |
| P/B | — | — | — | — | — | — | — | 0.21 |
| EV/EBITDA | — | — | — | — | — | — | — | 0.42 |
| Earnings yield | — | — | — | — | — | — | — | 2.7K% |
| FCF yield | — | — | — | — | — | — | — | -49.2% |
| PEG | — | — | — | — | — | — | — | -0 |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Gross margin | -68.8% | -26.2% | -3.02% | 16.3% | 24.4% | 0.26% | — | — |
| Operating margin | -867.4% | -372.6% | -448.1% | -548.8% | -701.1% | -725.8% | — | 0% |
| Net margin | -987.6% | -423.1% | -675.7% | -548.7% | -701% | -725% | — | 0% |
| ROE | -174.9% | 309.2% | -64% | -278.1% | -230.3% | -223.1% | -52.9% | -82.7% |
| ROA | -137.2% | -237.7% | -56.5% | -171.8% | -159.9% | -201.5% | -28.1% | -28.7% |
| ROIC | -6.1K% | 426.1% | -560.5% | — | — | — | — | — |
| Return on tangible assets | -137.2% | -237.7% | -56.5% | -171.8% | -159.9% | -201.5% | -32.7% | -50.6% |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Current ratio | 4.55 | 1.17 | 11.7 | 2.83 | 3.32 | 9.7 | 20.1 | 20.1 |
| Quick ratio | 3.83 | 0.99 | 11.4 | 2.37 | 2.78 | 8.53 | 20.1 | 3.02 |
| Debt / equity | — | -1.25 | 0.05 | 0.15 | 0.1 | 0 | 0.38 | 0.38 |
| Debt / assets | — | 0.96 | 0.05 | 0.09 | 0.07 | 0 | 0.2 | 0.45 |
| Net debt / EBITDA | — | -0.13 | 2.25 | 0.3 | 0.38 | 0.38 | 0.79 | -0.83 |
| Interest coverage | -8.36 | -7.6 | -3.66 | — | — | — | -53.7 | -53.7 |
| Effective tax rate | 0% | 0% | 0% | — | — | — | — | — |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Revenue per share | 4.53 | 9.28 | 36 | 19 | 0.59 | 2.71 | 0 | 0 |
| EPS (basic) | -44.8 | -39.3 | -243 | -104 | -4.16 | -19.7 | -7.84 | -7.84 |
| EPS (diluted) | -44.8 | -39.3 | -243 | -104 | -4.16 | -19.7 | -7.84 | -6.92 |
| Book value per share | 25.6 | -12.7 | 379.9 | 37.5 | 1.81 | 8.82 | 14.5 | 6.65 |
| FCF per share | -39.9 | -32.7 | -160.7 | -92.3 | -4.35 | -19.9 | -6.56 | -3.88 |
| Cash per share | 24.9 | 11.3 | 371.4 | 36.4 | 1.71 | 6.97 | 10.9 | 4.39 |
| Capex per share | 0.33 | 0 | 0 | 0.11 | 0.06 | 0 | 0.03 | 0.02 |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Capex / revenue | 7.38% | 0% | 0% | 0.6% | 10% | 0% | — | -64.3% |
| Capex / operating cash flow | -0.81% | 0% | 0% | -0.11% | -1.38% | 0% | -0.54% | -0.38% |
| Payout ratio | — | — | — | — | — | — | — | 0% |
| $1.3M |
| — |
| FY20 | — | -$39.3 | — | — | $860K | — |
| FY19 | — | -$44.8 | — | — | $420K | — |
| Q4 23 |
|---|
| Q1 24 |
|---|
| Q2 24 |
|---|
| Q3 24 |
|---|
| Q4 24 |
|---|
| Q1 25 |
|---|
| Q2 25 |
|---|
| Q3 25 |
|---|
| Q4 25 |
|---|
| Q1 26 |
|---|
| Revenue | $161K | $282K | $357K | $334K | $140K | $126K | $180K | $70K | $86K | $146K | -$302K | $0 |
| YoY change | -69.5% | -40.9% | -12.5% | -11.2% | -13% | -55.3% | -49.6% | -79% | -38.6% | +15.9% | -267.8% | -100% |
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 | 2.3M | 1M | 13M | 3.5M | 3.4M | 2M | 12.6M |
| Receivables | 13K | 52K | 92K | 107K | 174K | 69K | — |
| Inventory | 475K | 241K | 429K | 863K | 756K | 319K | — |
| Total current assets | 3M | 1.5M | 14.3M | 5.3M | 4.7M | 2.6M | 13M |
| Property, plant & equipment | — | 19K | 11K | 12K | 122K | 119K | 12.6M |
| Goodwill & intangibles | — | — | — | — | — | — | 4.5M |
| Total assets | 3M | 1.5M | 15M | 5.9M | 5.2M | 2.8M | 31.6M |
| Accounts payable | 369K | 370K | 789K | 1.3M | 713K | 125K | 264K |
| Short-term debt | — | 36K | 163K | 163K | 193K | — | — |
| Total current liabilities | 653K | 1.3M | 1.2M | 1.9M | 1.4M | 272K | 646K |
| Long-term debt | — | 1.4M | 545K | 367K | 176K | 0 | 6.5M |
| Total liabilities | 653K | 2.7M | 1.8M | 2.2M | 1.6M | 272K | 14.8M |
| Shareholders' equity | 2.4M | -1.2M | 13.3M | 3.6M | 3.6M | 2.5M | 16.8M |
| Total debt | — | 1.5M | 708K | 530K | 369K | 0 | 6.5M |
| Net debt | — | 425K | -12.3M | -3M | -3M | -2M | -6.2M |
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 | Q2 23 | Q3 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 2.7M | 5.2M | 3.4M | 1.7M | 3.7M | 2.2M | 2M | 669K | 1.2M | 3.5M | 12.6M | 7.2M |
| Receivables | 13K | 131K | 174K | 74K | 16K | 9K | 69K | 13K | 13K | 19K | — | — |
| Inventory | 988K | 928K | 756K | 774K | 766K | 731K | 319K | 306K | 283K | 4K | — | 750K |
| Total current assets | 4M | 6.5M | 4.7M | 2.8M | 4.7M | 3.2M | 2.6M | 1.3M | 1.8M | 3.7M | 13M | 8.7M |
| Property, plant & equipment | 124K | 124K | 122K | 121K | 120K | 119K | 119K | 118K | 120K | 12K | 12.6M | 12.6M |
| Goodwill & intangibles | — | — | — | — | — | — | — | 4.5M | 4.5M | 4.5M | 4.5M | 11.4M |
| Total assets | 4.6M | 7M | 5.2M | 3.3M | 4.8M | 3.4M | 2.8M | 3.8M | 4.5M | 6.2M | 31.6M | 38.2M |
| Accounts payable | 831K | 638K | 713K | 547K | 446K | 333K | 125K | 438K | 234K | 465K | 264K | 629K |
| Short-term debt | 185K | 173K | 193K | 180K | — | — | — | — | — | — | — | 492K |
| Total current liabilities | 1.2M | 1M | 1.4M | 992K | 591K | 560K | 272K | 741K | 821K | 638K | 646K | 2.6M |
| Long-term debt | 275K | 242K | 176K | 141K | 0 | 0 | 0 | — | — | — | 6.5M | 16.5M |
| Total liabilities | 1.4M | 1.2M | 1.6M | 1.1M | 591K | 560K | 272K | 741K | 821K | 638K | 14.8M | 27.2M |
| Shareholders' equity | 3.2M | 5.8M | 3.6M | 2.2M | 4.2M | 2.8M | 2.5M | 3M | 3.7M | 5.6M | 16.8M | 11.1M |
| Total debt | 460K | 415K | 369K | 321K | 0 | 0 | 0 | — | — | — | 6.5M | 17M |
| Net debt | -2.2M | -4.8M | -3M | -1.3M | -3.7M | -2.2M | -2M | — | — | — | -6.2M | 9.8M |
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 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|
| Net income | -4.1M | -3.6M | -8.5M | -10.1M | -8.2M | -5.7M | -8M |
| Depreciation & amortization | 4K | 8K | 24K | 174K | 182K | 352K | 5K |
| Stock-based compensation | 10K | 78K | 57K | 398K | 271K | 229K | 564K |
| Change in working capital | -154K | 153K | 176K | -62K | -763K | -735K | 139K |
| Operating cash flow | -3.8M | -3M | -6.4M | -9.6M | -8.6M | -5.8M | -7M |
| Capital expenditure | -31K | 0 | 0 | -11K | -118K | 0 | -38K |
| Investing cash flow | -31K | 0 | 0 | -11K | -118K | 0 | -162K |
| Dividends paid | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — |
| Financing cash flow | 5.6M | 1.8M | 17.5M | -584K | 8.5M | 4.3M | 18.2M |
| Net change in cash | 1.7M | -1.2M | 11.1M | -10.2M | -165K | -1.5M | 11M |
| Free cash flow | -3.7M | -3M | -5.6M | -8.9M | -8.6M | -5.7M | -7.6M |
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 | Q2 23 | Q3 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income | -2.1M | -1.8M | -2.2M | -1.5M | -1.3M | -1.4M | -1.5M | -1.5M | -2.1M | -2.6M | -2M | -6.2M |
| Depreciation & amortization | 47K | 44K | 47K | 46K | 32K | 1K | 273K | 1K | 1K | 0 | 3K | 181K |
| Stock-based compensation | 81K | 48K | 58K | 54K | 54K | 58K | 63K | 100K | 176K | 139K | 149K | 208K |
| Change in working capital | -309K | -296K | 145K | -128K | -57K | -88K | -462K | 380K | -168K | 253K | -178K | -599K |
| Operating cash flow | -2.3M | -2M | -2M | -1.5M | -1.2M | -1.5M | -1.6M | -1M | -2.1M | -2.2M | -1.8M | -5.8M |
| Capital expenditure | -24K | 0 | 0 | 0 | 0 | 0 | 0 | — | -3K | -10K | -25K | -7K |
| Investing cash flow | -24K | 0 | 0 | 0 | 0 | 0 | 0 | — | -3K | -10K | -25K | -7K |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | -44K | 4.3M | 0 | -61K | 3.3M | 15K | 1.2M | -27K | -131K | 4.3M | 11.6M | -44K |
| Net change in cash | -2.4M | 2.4M | -2M | -1.6M | 2M | -1.4M | -425K | -1M | -2.2M | 2.1M | 9.8M | -5.8M |
| Free cash flow | -2.5M | -1.9M | -1.8M | -1.7M | -1.3M | -1.4M | -1.4M | -1.4M | -1.8M | -2M | -2.3M | -5M |