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 | — | — | — | — | $11.7M | — |
| FY24 | — | — | — | — | $10.2M | — |
| FY23 | — | — | — | — | $4.8M | — |
| FY22 | — | — | — | — | $6M | — |
| FY21 | — | — | — | — | $38.2M | — |
| FY20 | — | — | — | — | $29.4M | — |
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 | $29.4M | $38.2M | $6M | $4.8M | $10.2M | $11.7M |
| YoY change | — | +29.9% | -84.2% | -21.1% | +114.8% | +14.1% |
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 | $2.3M |
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 | 29.4M | 38.2M | 6M | 4.8M | 10.2M | 11.7M |
| Cost of revenue | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — |
| Gross margin | — | — | — | — | — | — |
| Research & development | 170K | 171K | 153K | 143K | 2.9M | 1.7M |
| Selling, general & administrative | 16.8M | 20.5M | 23.2M | 25.6M | 34.5M | 36.1M |
| Operating expenses | 17M | 20.6M | 23.3M | 25.7M | 19.1M | -2.7M |
| Operating income | 12.4M | 17.5M | -17.4M | -21.9M | -9.1M | 11.4M |
| Operating margin | 42.3% | 45.9% | -288.9% | -460% | -88.8% | 97.6% |
| Non-operating income, net | 1.2M | -1.2M | 295K | -18.4M | 3.4M | 33.5M |
| Pretax income | 11.8M | 15.9M | -17.1M | -40.8M | -19.5M | 31.8M |
| Income tax | -1.5M | 91K | -15K | 0 | -5.7M | 103K |
| Net income | 13.3M | 15.8M | -17.1M | -40.8M | -13.8M | 31.7M |
| Net margin | 45.3% | 41.4% | -283.8% | -858.2% | -135.2% | 272% |
| EBITDA | 12.5M | 17.5M | -17.3M | -21M | -8.6M | 19.4M |
| EPS | — | — | — | — | — | — |
| Diluted EPS | — | — | — | — | — | — |
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 | 2.3M | 4.3M | 5.4M | 532K | 1.4M | 310K |
| Cost of revenue | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — |
| Gross margin | — | — | — | — | — | — |
| Research & development | 864K | 1.3M | 69K | 69K | 281K | 49K |
| Selling, general & administrative | 7M | 8.1M | 7.8M | 9.7M | 10.4M | 11.9M |
| Operating expenses | 1.5M | -2.2M | 121K | 984K | -1.6M | -102K |
| Operating income | 651K | 5.9M | 4.6M | -1.3M | 2.2M | -480K |
| Operating margin | 27.8% | 137.3% | 85.6% | -250% | 152.4% | -154.8% |
| Non-operating income, net | -6.9M | -95K | 7.8M | 18.7M | 7M | 8.3M |
| Pretax income | -9.6M | 2.4M | 9.2M | 14.1M | 6.2M | 4.5M |
| Income tax | — | — | — | 49K | 54K | 1K |
| Net income | -4M | 2.4M | 9.2M | 14.1M | 6.1M | 4.5M |
| Net margin | -169.4% | 54.8% | 170.9% | 2.6K% | 426.2% | 1.4K% |
| EBITDA | 968K | 6.6M | 5.9M | -308K | 7.2M | 4.1M |
| EPS | — | — | — | — | — | — |
| Diluted EPS | — | — | — | — | — | — |
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 | — | — | — | — | — | — | 0 |
| Enterprise value | — | — | — | — | — | — | 372.2M |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | 25 |
| P/S | — | — | — | — | — | — | 0 |
| P/B | — | — | — | — | — | — | 3.21 |
| EV/EBITDA | — | — | — | — | — | — | 44.9 |
| EV/Sales | — | — | — | — | — | — | 7.67 |
| Earnings yield | — | — | — | — | — | — | 4% |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Operating margin | 42.3% | 45.9% | -288.9% | -460% | -88.8% | 97.6% | -3.9% |
| Net margin | 45.3% | 41.4% | -283.8% | -858.2% | -135.2% | 272% | 69.6% |
| ROE | 15.4% | 11.1% | -13.8% | -46% | -16.9% | 37.8% | 34.2% |
| ROA | 10.6% | 9.48% | -12.2% | -17.4% | -6.25% | 11.6% | 1.28% |
| ROIC | 52.9% | 36.3% | -26.4% | -36.7% | -9.46% | 8.58% | 8.58% |
| Return on tangible assets | 10.6% | 9.48% | -13.7% | -17.4% | -7.07% | 17.3% | 18.4% |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Current ratio | 7.16 | 7.48 | 8.98 | 8.68 | 5.15 | 3.37 | 3.59 |
| Quick ratio | 7.16 | 7.48 | 8.98 | 8.68 | 5.15 | 3.37 | 3.59 |
| Debt / equity | 0.25 | 0 | 0 | 1.4 | 1.46 | 1.57 | 1.1 |
| Debt / assets | 0.17 | 0 | 0 | 0.53 | 0.54 | 0.48 | 0.46 |
| Net debt / EBITDA | -5.04 | -5.35 | 3.37 | 1.38 | -1.64 | 2.49 | 2.29 |
| Interest coverage | 7.4 | 35.5 | — | -70.8 | -0.41 | 3.44 | 3.62 |
| Effective tax rate | 0% | 0.57% | 0% | 0% | 0% | 0.32% | 0.32% |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Revenue per share | — | — | — | — | — | — | 4.03 |
| EPS (diluted) | — | — | — | — | — | — | 1 |
| Book value per share | — | — | — | — | — | — | 7.79 |
| FCF per share | — | — | — | — | — | — | -1.1 |
| Cash per share | — | — | — | — | — | — | 6.87 |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Capex / revenue | 0.03% | 0% | 0% | 0.36% | 0.2% | — | — |
| Capex / operating cash flow | 0.08% | 0% | 0% | -0.05% | -0.14% | — | — |
| Payout ratio | 0% | 22.1% | -32% | -13.4% | -39.6% | 17.3% | 16.4% |
| Dividend yield | — | — | — | — | — | — | 8.38% |
Split-adjusted payout per share by ex-dividend date.
| Ex-dividend | Amount |
|---|---|
| Jul 2, 2026 | $0.5234 |
| $4.3M |
| $5.4M |
| $532K |
| $1.4M |
| $310K |
| YoY change | — | — | — | — | -38.9% | -92.8% |
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 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|
| Cash & short-term investments | 84.2M | 94.1M | 58.2M | 153.5M | 105.2M | 83.3M |
| Receivables | 263K | 209K | 1K | 1M | 1.8M | 4.9M |
| Inventory | — | — | — | — | — | — |
| Total current assets | 88.1M | 97M | 61.3M | 169.3M | 125.6M | 117.3M |
| Property, plant & equipment | 380K | 213K | 36K | 403K | 351K | 277K |
| Goodwill & intangibles | — | 0 | 15.2M | 0 | 25.9M | 89.5M |
| Total assets | 125.3M | 166.6M | 140.4M | 234.3M | 221.3M | 272.7M |
| Accounts payable | 456K | 1.1M | 524K | 653K | 1.1M | 2.2M |
| Short-term debt | 8.3M | 195K | 34K | 5.6M | 11.8M | 15M |
| Total current liabilities | 12.3M | 13M | 6.8M | 19.5M | 24.4M | 34.8M |
| Long-term debt | 13M | 34K | 0 | 118.9M | 107.4M | 116.6M |
| Total liabilities | 38.9M | 24.7M | 16.4M | 145.6M | 139.4M | 188.8M |
| Shareholders' equity | 86.4M | 141.9M | 124M | 88.7M | 81.9M | 83.9M |
| Total debt | 21.3M | 229K | 34K | 124.5M | 119.2M | 131.6M |
| Net debt | -63M | -93.1M | -57.8M | -28.8M | 17.5M | 48.6M |
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 | 105.2M | 92.6M | 83.9M | 46.7M | 83.3M | 86.1M |
| Receivables | 1.8M | 5.5M | 1.8M | 3.6M | 4.9M | 4.6M |
| Inventory | — | — | — | — | — | — |
| Total current assets | 125.6M | 113.2M | 104.9M | 110.7M | 117.3M | 118.7M |
| Property, plant & equipment | 351K | 333K | 314K | 296K | 277K | 257K |
| Goodwill & intangibles | 25.9M | 50.7M | 90.9M | 89.1M | 89.5M | 87.7M |
| Total assets | 221.3M | 212.8M | 223.5M | 263.2M | 272.7M | 271.9M |
| Accounts payable | 1.1M | 2.3M | 1.1M | 2.7M | 2.2M | 3.5M |
| Short-term debt | 11.8M | 14.2M | 12.1M | 16.9M | 15M | 16.4M |
| Total current liabilities | 24.4M | 20.4M | 21.5M | 28.3M | 34.8M | 33.1M |
| Long-term debt | 107.4M | 100.3M | 102.4M | 115.1M | 116.6M | 108.3M |
| Total liabilities | 139.4M | 128.1M | 131M | 155.2M | 188.8M | 159M |
| Shareholders' equity | 81.9M | 84.6M | 92.5M | 108M | 83.9M | 112.9M |
| Total debt | 119.2M | 114.5M | 114.6M | 131.9M | 131.6M | 124.7M |
| Net debt | 17.5M | 24.2M | 39.5M | 86.7M | 48.6M | 39.1M |
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 | 13.3M | 15.8M | -17.1M | -40.8M | -13.8M | 31.7M |
| Depreciation & amortization | 22K | 7K | 104K | 900K | 216K | 3M |
| Stock-based compensation | 4M | 6.2M | 3.6M | 9.1M | 10.3M | 9.3M |
| Change in working capital | 104K | -808K | -19K | -3.7M | -3.1M | -4.6M |
| Operating cash flow | 10.9M | 21.4M | -13.2M | -34.5M | -14.1M | 2.9M |
| Capital expenditure | -9K | 0 | 0 | -17K | -20K | — |
| Investing cash flow | -9K | 0 | -5M | -711K | -28.3M | 71.6M |
| Dividends paid | 0 | -3.5M | -5.5M | -5.5M | -5.5M | -5.5M |
| Share repurchases | — | — | — | — | -13K | -16.7M |
| Financing cash flow | 14.9M | 11.3M | -6.9M | 120.1M | -16.3M | -31.5M |
| Net change in cash | 25.9M | 32.7M | -25.1M | 84.9M | -58.7M | 43M |
| Free cash flow | 8.9M | -3.8M | -28.1M | -18.2M | -13.8M | -17.9M |
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 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 |
|---|---|---|---|---|---|---|
| Net income | -4M | 2.4M | 9.2M | 14.1M | 6.1M | 4.5M |
| Depreciation & amortization | 208K | 547K | 658K | 880K | 887K | 895K |
| Stock-based compensation | 2.2M | 2M | 1.6M | 1.8M | 3.9M | 2.3M |
| Change in working capital | 311K | -4.1M | 3.3M | -4.4M | -2.2M | -641K |
| Operating cash flow | 24.9M | 3M | 6.5M | -296K | -5.5M | 6.1M |
| Capital expenditure | -3K | 0 | — | — | — | — |
| Investing cash flow | -33.2M | -6.7M | -6M | 52.2M | 23.3M | 6.6M |
| Dividends paid | -1.4M | -1.4M | -1.4M | -1.4M | -1.4M | -1.4M |
| Share repurchases | 0 | -545K | -1.8M | -25K | -14.3M | -264K |
| Financing cash flow | -2.2M | -7.2M | -3.6M | -8.4M | -16.7M | -8.2M |
| Net change in cash | -10.4M | -11M | -3.1M | 43.6M | 1.1M | 4.5M |
| Free cash flow | -2.9M | 2.2M | -14.1M | -407K | -5.5M | 6.1M |