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 26 | -$0.53 | -$0.55 | -3.8% | — | $4.7M | — |
| Q1 26 | -$0.71 | -$0.43 | +39.4% | — | $11.2M | — |
| Q4 25 | $1.84 | $1.94 | +5.4% | — | $5.2M | — |
| Q3 25 | -$0.8 | $0.45 | +156.3% | — | $16.5M | — |
| Q2 25 | -$1.07 | -$0.88 | +17.8% | — | $18.4M | — |
| Q1 25 | -$0.94 | -$1.11 | -18.1% | — | $5.9M | — |
| Q4 24 | -$1.24 | -$1.34 | -8.1% | — | $11.5M | — |
| Q3 24 | -$1.45 | -$1.3 | +10.3% | — | $15.8M | — |
| Q2 24 | -$1.85 | -$1.25 | +32.4% | — | $15.5M | — |
| Q1 24 | -$2.13 | -$1.77 | +16.9% | — | $13.2M | — |
| Q4 23 | -$2.1 | -$2.29 | -9.0% | — | $18.4M | — |
| Q3 23 | -$0.1 | -$0.08 | +20.0% | — | $16.7M | — |
| Q2 23 | -$0.11 | -$0.14 | -27.3% | — | $4.8M | — |
| Q1 23 | -$3.37 | -$4.3 | -27.6% | — | $4.7M | — |
| Q4 22 | -$0.14 | -$0.12 | +14.3% | — | $8.6M | — |
| Q3 22 | -$0.14 | -$0.14 | 0.0% | — | $11M | — |
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 | — | -$2.71 | — | — | $46M | — |
| FY24 | — | -$6.69 | — | — | $56M | — |
| FY23 | — | -$13.1 | — | — | $44.5M | — |
| FY22 | — | -$13.2 | — | — | $36.4M | — |
| FY21 | — | $6.6 | — |
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 | $2.6M | $5M | $36.4M | $44.5M | $56M | $46M |
| YoY change | — | +91.1% | +620.6% | +22.4% | +25.7% | -17.8% |
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 |
|---|
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 | 2.6M | 5M | 36.4M | 44.5M | 56M | 46M |
| Cost of revenue | 2.3M | 7.4M | 66.4M | 45.8M | 52M | 43.3M |
| Gross profit | 300K | -2.4M | -30M | -1.3M | 4M | 2.7M |
| Gross margin | 11.4% | -46.8% | -82.6% | -2.9% | 7.09% | 5.92% |
| Research & development | 7M | 20.1M | 30.7M | 19.6M | 10.6M | 8M |
| Selling, general & administrative | 5.2M | 30.7M | 50.6M | 44.1M | 39.2M | 27.8M |
| Operating expenses | 12.2M | 50.8M | 81.3M | 63.7M | 49.8M | 35.8M |
| Operating income | -11.9M | -53.2M | -111.3M | -65M | -45.9M | -33.1M |
| Operating margin | -449.5% | -1.1K% | -306.1% | -145.9% | -82% | -71.9% |
| Non-operating income, net | -4.8M | 76.6M | 38M | -10.9M | -4.2M | 7.8M |
| Pretax income | -16.7M | 23.4M | -73.3M | -75.8M | -50.1M | -25.3M |
| Income tax | 0 | 2K | 8K | 21K | 37K | 23K |
| Net income | -16.7M | 23.4M | -73.3M | -75.8M | -50.2M | -25.3M |
| Net margin | -631.1% | 463.6% | -201.6% | -170.3% | -89.6% | -55.1% |
| EBITDA | -10.1M | -128.9M | -150.6M | -61.3M | -41M | -39.2M |
| EPS | -3.08 | 6.6 | -13.2 | -13.1 | -6.69 | -2.71 |
| Diluted EPS | -3.08 | 6.6 | -13.2 | -13.1 | -6.69 | -2.71 |
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 | 16.7M | 18.4M | 13.2M | 15.5M | 15.8M | 11.5M | 5.9M | 18.4M | 16.5M | 5.2M | 11.2M | 4.7M |
| Cost of revenue | 14.7M | 17M | 10.4M | 13.5M | 12.9M | 15.2M | 4.7M | 16.8M | 14M | 7.9M | 6.9M | 4.2M |
| Gross profit | 2M | 1.3M | 2.8M | 2M | 2.9M | -3.7M | 1.2M | 1.6M | 2.5M | -2.6M | 4.3M | 573K |
| Gross margin | 11.9% | 7.22% | 21.2% | 13.1% | 18.1% | -32.4% | 20.6% | 8.8% | 15.3% | -50.5% | 38.6% | 12.1% |
| Research & development | 4.5M | 4.1M | 3.1M | 3M | 2.6M | 1.9M | 1.9M | 2.1M | 2.1M | 1.9M | 2M | 1.9M |
| Selling, general & administrative | 10.1M | 9M | 10M | 10.4M | 9.9M | 8.9M | 8.6M | 6.6M | 7.4M | 5.2M | 7M | 6.6M |
| Operating expenses | 14.6M | 13.2M | 13M | 13.4M | 12.6M | 10.9M | 10.5M | 8.7M | 9.5M | 7.1M | 9M | 8.5M |
| Operating income | -12.6M | -11.8M | -10.2M | -11.4M | -9.7M | -14.6M | -9.3M | -7.1M | -7M | -9.7M | -4.7M | -7.9M |
| Operating margin | -75.6% | -64.4% | -77.8% | -73.2% | -61.4% | -127% | -157.7% | -38.5% | -42.4% | -186.6% | -41.7% | -167.7% |
| Non-operating income, net | -1.5M | -2M | -755K | 1.7M | -817K | -4.4M | -905K | -411K | 9.1M | -13K | -271K | 1.1M |
| Pretax income | -14.1M | -13.8M | -11M | -9.7M | -10.5M | -19M | -10.2M | -7.5M | 2.1M | -9.8M | -4.9M | -6.9M |
| Income tax | 3K | 14K | 5K | 4K | 4K | 24K | 12K | 13K | -2K | 0 | 5K | 27K |
| Net income | -14.1M | -13.8M | -11M | -9.7M | -10.5M | -19M | -10.2M | -7.5M | 2.1M | -9.8M | -5M | -6.9M |
| Net margin | -84.5% | -75.2% | -83.6% | -62.2% | -66.6% | -165.4% | -173.3% | -40.8% | 12.9% | -186.8% | -44.1% | -145.4% |
| EBITDA | -10.8M | -11.4M | -8.8M | -10.3M | -8.4M | -13.6M | -8.3M | -6.1M | -15.4M | -9.4M | -3.7M | -7M |
| EPS | -2.4 | -2.33 | -1.8 | -1.23 | -1.32 | -2.36 | -1.26 | -0.91 | 0.22 | -0.86 | -0.43 | -0.55 |
| Diluted EPS | -2.4 | -2.33 | -1.8 | -1.23 | -1.32 | -2.36 | -1.26 | -0.91 | 0.22 | -0.86 | -0.43 | -0.55 |
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 | 1.6B | — | — | 46.2M | — | — | 37.3M |
| Enterprise value | 1.6B | — | — | 65.1M | — | — | 42.2M |
| Shares outstanding | 5.4M | 3.5M | 5.5M | 5.8M | 7.5M | 9.4M | 9.4M |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | -0.97 |
| P/S | 618.4 | — | — | 1.04 | — | — | 0.99 |
| P/B | -60.1 | — | — | 1.02 | — | — | 1.62 |
| EV/EBITDA | -163.1 | — | — | -1.06 | — | — | -1.55 |
| EV/Sales | 621.6 | — | — | 1.46 | — | — | 1.12 |
| Earnings yield | — | — | — | — | — | — | -103% |
| FCF yield | -0.78% | — | — | -88.1% | — | — | 33.9% |
| PEG | — | — | — | — | — | — | 0.02 |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Gross margin | 11.4% | -46.8% | -82.6% | -2.9% | 7.09% | 5.92% | 12.1% |
| Operating margin | -449.5% | -1.1K% | -306.1% | -145.9% | -82% | -71.9% | -167.7% |
| Net margin | -631.1% | 463.6% | -201.6% | -170.3% | -89.6% | -55.1% | -51.7% |
| ROE | 61.3% | 13.4% | -65.4% | -167.8% | -149.2% | -108.7% | -94.6% |
| ROA | -121% | 10.2% | -38.6% | -81% | -51% | -41.9% | -27.2% |
| ROIC | 63% | -81% | -125.5% | -101.4% | -69.9% | -106% | -105.5% |
| Return on tangible assets | -121% | 10.2% | -38.6% | -81% | -51% | -41.9% | -35.8% |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Current ratio | 0.39 | 10.4 | 3.57 | 3.66 | 1.76 | 2.11 | 2 |
| Quick ratio | 0.33 | 8.45 | 2.31 | 1.73 | 0.98 | 1.05 | 0.95 |
| Debt / equity | -0.69 | 0.01 | 0.56 | 0.68 | 1.28 | 0.94 | 0.8 |
| Debt / assets | 1.36 | 0.01 | 0.33 | 0.33 | 0.44 | 0.36 | 0.33 |
| Net debt / EBITDA | -0.83 | 0.84 | 0.15 | -0.31 | -0.78 | -0.2 | -0.14 |
| Effective tax rate | 0% | 0.01% | 0% | 0% | 0% | 0% | 0% |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Revenue per share | 0.49 | 1.43 | 6.6 | 7.69 | 7.46 | 4.91 | 3.33 |
| EPS (basic) | -3.08 | 6.6 | -13.2 | -13.1 | -6.69 | -2.71 | -2.71 |
| EPS (diluted) | -3.08 | 6.6 | -13.2 | -13.1 | -6.69 | -2.71 | -1.53 |
| Book value per share | -5.03 | 49.6 | 20.3 | 7.81 | 4.48 | 2.49 | 1.62 |
| FCF per share | -2.36 | -26.7 | -25.8 | -7.03 | -6.55 | 0.57 | 0.09 |
| Cash per share | 1.92 | 31.5 | 15.7 | 2.01 | 1.47 | 1.5 | 0.93 |
| Capex per share | 0.08 | 1.4 | 2.56 | 0.24 | 0.04 | — | — |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Capex / revenue | 15.4% | 97.4% | 38.8% | 3.11% | 0.54% | — | — |
| Capex / operating cash flow | -2.95% | -7.22% | -11.2% | -4.05% | -0.55% | — | — |
| Payout ratio | — | — | — | — | — | — | 0% |
| — |
| $5M |
| — |
| FY20 | — | -$3.08 | — | — | $2.6M | — |
| Q4 24 |
|---|
| Q1 25 |
|---|
| Q2 25 |
|---|
| Q3 25 |
|---|
| Q4 25 |
|---|
| Q1 26 |
|---|
| Q2 26 |
|---|
| Revenue | $16.7M | $18.4M | $13.2M | $15.5M | $15.8M | $11.5M | $5.9M | $18.4M | $16.5M | $5.2M | $11.2M | $4.7M |
| YoY change | +51.7% | +114.4% | +180.2% | +226.8% | -5.43% | -37.6% | -55.3% | +18.4% | +4.5% | -54.5% | +90.9% | -74.2% |
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 | FY25 |
|---|---|---|---|---|---|---|
| Cash & short-term investments | 10.4M | 110.8M | 86.3M | 11.6M | 11M | 14M |
| Receivables | 408K | 3.4M | 8.2M | 15.1M | 26.9M | 6M |
| Inventory | 1.9M | 30.9M | 57.5M | 37.8M | 36.6M | 25M |
| Total current assets | 12.7M | 166M | 163.2M | 71.7M | 82.3M | 49.9M |
| Property, plant & equipment | 1.1M | 7.4M | 25.1M | 19.7M | 9.3M | 5.9M |
| Goodwill & intangibles | — | — | — | — | — | — |
| Total assets | 13.8M | 228.7M | 189.9M | 93.7M | 98.3M | 60.4M |
| Accounts payable | 1.2M | 10.1M | 2.9M | 2.8M | 8.9M | 2.5M |
| Short-term debt | 18.5M | 482K | 32.9M | 5M | 25.7M | 9.6M |
| Total current liabilities | 32.9M | 16M | 45.8M | 19.6M | 46.7M | 23.7M |
| Long-term debt | 166K | 1.6M | 30.1M | 25.5M | 17.3M | 12.4M |
| Total liabilities | 41M | 54.3M | 77.9M | 48.5M | 64.7M | 37.1M |
| Shareholders' equity | -27.2M | 174.4M | 112.1M | 45.2M | 33.6M | 23.3M |
| Total debt | 18.7M | 2.1M | 62.9M | 30.5M | 43M | 22M |
| Net debt | 8.3M | -14.1M | 27.3M | 18.9M | 32M | 7.9M |
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 | 22.6M | 11.6M | 46.2M | 19.7M | 8.4M | 11M | 4.8M | 8.8M | 14.1M | 14M | 9.8M | 13.2M |
| Receivables | 11.4M | 15.1M | 20.3M | 29.7M | 36.4M | 26.9M | 22.2M | 18.1M | 15.4M | 6M | 7.4M | 4.5M |
| Inventory | 48.9M | 37.8M | 36.6M | 41.4M | 42.4M | 36.6M | 38M | 31M | 25.2M | 25M | 23.7M | 23.5M |
| Total current assets | 91.5M | 71.7M | 112.8M | 100.1M | 97.6M | 82.3M | 73.1M | 66.6M | 62.5M | 49.9M | 45.3M | 45M |
| Property, plant & equipment | 20.9M | 19.7M | 18.2M | 17.2M | 16.2M | 9.3M | 8M | 7.3M | 6.3M | 5.9M | 4.9M | 5.3M |
| Goodwill & intangibles | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | 114.2M | 93.7M | 135M | 123.4M | 120.5M | 98.3M | 87.7M | 80.3M | 73.8M | 60.4M | 54.4M | 54.4M |
| Accounts payable | 2.4M | 2.8M | 2.3M | 3.1M | 8.9M | 8.9M | 6.5M | 4.9M | 4.9M | 2.5M | 1.9M | 1.4M |
| Short-term debt | 13.6M | 5M | 6M | 6.6M | 26.9M | 25.7M | 26.2M | 11M | 11.1M | 9.6M | 9M | 9.6M |
| Total current liabilities | 27.2M | 19.6M | 22.3M | 20.1M | 50.2M | 46.7M | 45.4M | 30.1M | 26M | 23.7M | 23.9M | 22.5M |
| Long-term debt | 26.5M | 25.5M | 40.5M | 39.3M | 18.3M | 17.3M | 16.7M | 31.1M | 14.8M | 12.4M | 10.2M | 8.7M |
| Total liabilities | 56.6M | 48.5M | 67.2M | 64.2M | 69.7M | 64.7M | 62.9M | 62M | 42.8M | 37.1M | 34.6M | 31.6M |
| Shareholders' equity | 57.6M | 45.2M | 67.8M | 59.2M | 50.8M | 33.6M | 24.8M | 18.3M | 31.1M | 23.3M | 19.8M | 22.9M |
| Total debt | 40.1M | 30.5M | 46.4M | 45.8M | 45.3M | 43M | 42.9M | 42M | 26M | 22M | 19.2M | 18.2M |
| Net debt | 17.6M | 18.9M | 280K | 26.2M | 36.9M | 32M | 38.1M | 33.3M | 11.9M | 7.9M | 9.3M | 5M |
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 | -16.7M | 23.4M | -73.3M | -75.8M | -50.2M | -25.3M |
| Depreciation & amortization | 296K | 736K | 3.6M | 4.9M | 5.1M | 3.8M |
| Stock-based compensation | 12K | 1.7M | 5.2M | 7.9M | 7.7M | 7.4M |
| Change in working capital | 856K | -21.7M | -38.1M | 18.7M | -21.1M | 26M |
| Operating cash flow | -13.8M | -68.1M | -126M | -34.2M | -55.7M | 5.4M |
| Capital expenditure | -407K | -4.9M | -14.1M | -1.4M | -304K | — |
| Investing cash flow | -407K | -155.1M | 82.7M | 50.6M | 51.2M | 61K |
| Dividends paid | — | — | — | — | — | — |
| Share repurchases | -3K | 0 | — | — | — | — |
| Financing cash flow | 23.1M | 250.1M | 63.2M | -43.2M | -5.9M | -5.3M |
| Net change in cash | 8.9M | 26.9M | 19.9M | -26.8M | -10.4M | 145K |
| Free cash flow | -12.7M | -93.8M | -142.1M | -40.7M | -49.1M | 5.4M |
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 | -14.1M | -13.8M | -11M | -9.7M | -10.5M | -19M | -10.2M | -7.5M | 2.1M | -9.8M | -5M | -6.9M |
| Depreciation & amortization | 2.1M | 617K | 1.3M | 1.3M | 1.2M | 1.4M | 912K | 976K | 949K | 1M | 989K | 963K |
| Stock-based compensation | 2.2M | 1.6M | 2M | 1.6M | 2.2M | 1.8M | 1.5M | 1.6M | 2.1M | 2.2M | 2.1M | 2M |
| Change in working capital | 5.2M | 10M | -6.3M | -18.9M | -3.7M | 7.9M | 3.2M | 12M | 6.1M | 4.8M | 593K | 1.1M |
| Operating cash flow | -97K | 648K | -13.6M | -26.3M | -8.8M | -7.7M | -3.9M | 4.6M | 3.1M | 2.4M | -1.6M | -2.7M |
| Capital expenditure | 190K | -221K | -30K | -126K | -148K | 0 | 0 | — | — | — | — | — |
| Investing cash flow | 14.2M | -221K | 51.3M | -126K | -148K | 0 | 0 | 0 | 0 | 18K | 331K | 19K |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | -11.3M | -11.6M | -1.9M | -1.2M | -536K | -2.3M | -2.3M | -1.7M | 1.8M | -3.1M | -3.6M | -2.2M |
| Net change in cash | 2.9M | -11.2M | 35.9M | -27.6M | -9.5M | -10M | -6.2M | 3M | 4.9M | -690K | -4.8M | -4.8M |
| Free cash flow | -8.4M | -852K | -14.6M | -26.1M | -11.7M | 3.3M | -4.8M | 4.6M | 3.1M | 2.4M | -1.6M | -2.7M |