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 | — | -$0.08 | — | — | $7.7M | — |
| FY24 | — | -$0.58 | — | — | $8.8M | — |
| FY23 | — | -$0.26 | — | — | $7.4M | — |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | FY23 | FY24 | FY25 |
|---|---|---|---|
| Revenue | $7.4M | $8.8M | $7.7M |
| YoY change | — | +18.5% | -12.5% |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | Q1 24 | Q4 24 | Q1 25 | Q2 25 | Q1 26 | Q2 26 |
|---|---|---|---|---|---|---|
| Revenue | $1.9M | $2.2M | $2M | $2M | $1.9M | $1.8M |
| YoY change | — | — | +1.88% | — | -3.84% | -11.8% |
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | FY23 | FY24 | FY25 |
|---|---|---|---|
| Revenue | 7.4M | 8.8M | 7.7M |
| Cost of revenue | 3.2M | 4M | 3.4M |
| Gross profit | 4.2M | 4.8M | 4.3M |
| Gross margin | 57% | 54.9% | 55.8% |
| Research & development | 604K | 732K | 720K |
| Selling, general & administrative | 8.9M | 12.3M | 9.5M |
| Operating expenses | 9.5M | 13M | 10.3M |
| Operating income | -5.3M | -8.2M | -6M |
| Operating margin | -71.1% | -93% | -77.2% |
| Non-operating income, net | -1M | -6.9M | 5.3M |
| Pretax income | -6.8M | -15.4M | -925K |
| Income tax | 11K | 31K | 3K |
| Net income | -6.8M | -15.4M | -928K |
| Net margin | -90.9% | -174.6% | -12% |
| EBITDA | -5.9M | -8.1M | -5.5M |
| EPS | -0.26 | -0.58 | -0.08 |
| Diluted EPS | -0.26 | -0.58 | -0.08 |
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | Q1 24 | Q4 24 | Q1 25 | Q2 25 | Q1 26 | Q2 26 |
|---|---|---|---|---|---|---|
| Revenue | 1.9M | 2.2M | 2M | 2M | 1.9M | 1.8M |
| Cost of revenue | 907K | 947K | 864K | 828K | 931K | 831K |
| Gross profit | 1M | 1.2M | 1.1M | 1.2M | 948K | 963K |
| Gross margin | 52.7% | 56.4% | 55.8% | 59.3% | 50.5% | 53.7% |
| Research & development | 221K | 136K | 165K | 159K | 298K | 292K |
| Selling, general & administrative | 2.6M | 2.4M | 2.2M | 1.9M | 3.7M | 3.4M |
| Operating expenses | 2.8M | 2.6M | 2.4M | 2.1M | 4M | 3.7M |
| Operating income | -1.8M | -1.3M | -1.3M | -852K | -3M | -2.7M |
| Operating margin | -95.3% | -62.1% | -67.3% | -41.9% | -161.5% | -149.9% |
| Non-operating income, net | -1.4M | -1.9M | 1.1M | -2.9M | 2.2M | -107K |
| Pretax income | -3.3M | -3.3M | -253K | -3.8M | -868K | -2.8M |
| Income tax | 0 | -41K | 0 | 0 | 4K | 0 |
| Net income | -3.3M | -3.3M | -253K | -3.8M | -872K | -2.8M |
| Net margin | -171.9% | -150.1% | -12.9% | -186.1% | -46.4% | -158.8% |
| EBITDA | -2.6M | -1.3M | -1.2M | -784K | -2.9M | -2.7M |
| EPS | -0.12 | — | -0.01 | -0.14 | -0.03 | -0.1 |
| Diluted EPS | -0.12 | — | -0.01 | -0.14 | -0.03 | -0.1 |
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 | FY23 | FY24 | FY25 |
|---|---|---|---|---|
| Cash & short-term investments | 950.5K | 266K | 500K | 4.2M |
| Receivables | — | 1.1M | 1.4M | 1.3M |
| Inventory | — | — | — | — |
| Total current assets | 950.5K | 1.8M | 4.1M | 6.3M |
| Property, plant & equipment | — | 1.4M | 1.2M | 1M |
| Goodwill & intangibles | — | 226K | 374K | 412K |
| Total assets | 351.2M | 3.3M | 5.5M | 7.5M |
| Accounts payable | 239.5K | 1.2M | 6.5M | 5M |
| Short-term debt | — | 278K | 10M | 727K |
| Total current liabilities | 239.5K | 3.4M | 20.3M | 20M |
| Long-term debt | — | 7M | 7.6M | 751K |
| Total liabilities | 13.4M | 11.8M | 29.9M | 22.1M |
| Shareholders' equity | 332.5M | -8.5M | -24.3M | -14.6M |
| Total debt | — | 7.3M | 17.6M | 1.5M |
| Net debt | — | 7M | 17.1M | -2.7M |
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 | Q1 26 | Q2 26 |
|---|---|---|---|---|
| Cash & short-term investments | 500K | 429K | 1.8M | 368K |
| Receivables | 1.4M | 1.3M | 1.2M | 1.1M |
| Inventory | — | — | — | — |
| Total current assets | 4.1M | 3.6M | 3.7M | 2M |
| Property, plant & equipment | 1.2M | 1.2M | 975K | 934K |
| Goodwill & intangibles | 374K | 382K | 210K | 226K |
| Total assets | 5.5M | 5M | 4.9M | 3.2M |
| Accounts payable | 6.5M | 7.3M | 4.8M | 5.2M |
| Short-term debt | 10M | 14.9M | 552K | 508K |
| Total current liabilities | 20.3M | 25.8M | 18.1M | 18.7M |
| Long-term debt | 7.6M | 1.4M | 689K | 667K |
| Total liabilities | 29.9M | 29.1M | 20M | 20.5M |
| Shareholders' equity | -24.3M | -24.1M | -15M | -17.4M |
| Total debt | 17.6M | 16.2M | 1.2M | 1.2M |
| Net debt | 17.1M | 15.8M | -533K | 807K |
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 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|
| Market cap | — | — | — | — | 18.8M |
| Enterprise value | — | — | — | — | 17.5M |
| Shares outstanding | — | 26.5M | 26.5M | 11.5M | 11.5M |
| Metric | FY20 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|
| P/E | — | — | — | — | -7.93 |
| P/S | — | — | — | — | 2.25 |
| P/B | — | — | — | — | -1.06 |
| EV/EBITDA | — | — | — | — | -1.86 |
| EV/Sales | — | — | — | — | 2.36 |
| Earnings yield | — | — | — | — | -12.6% |
| FCF yield | — | — | — | — | -32.9% |
| Metric | FY20 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|
| Gross margin | — | 57% | 54.9% | 55.8% | 53.7% |
| Operating margin | — | -71.1% | -93% | -77.2% | -149.9% |
| Net margin | — | -90.9% | -174.6% | -12% | -8.24% |
| ROE | — | 79.9% | 63.3% | 6.37% | 6.37% |
| ROA | — | -201.9% | -277.3% | -12.3% | -12.3% |
| ROIC | — | 364.2% | 114% | 34.4% | 47.7% |
| Return on tangible assets | — | -216.5% | -297.3% | -13% | -263.4% |
| Metric | FY20 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|
| Current ratio | — | 0.52 | 0.2 | 0.31 | 0.11 |
| Quick ratio | — | 0.52 | 0.2 | 0.31 | 0.11 |
| Debt / equity | — | -0.86 | -0.72 | -0.1 | -0 |
| Debt / assets | — | 2.17 | 3.18 | 0.2 | 0.37 |
| Net debt / EBITDA | — | -1.19 | -2.13 | 0.5 | -0.11 |
| Interest coverage | — | -14 | -64.6 | -2.45 | -30.7 |
| Effective tax rate | — | 0% | 0% | 0% | 0% |
| Metric | FY20 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|
| Revenue per share | — | 0.28 | 0.33 | 0.67 | 0.33 |
| EPS (basic) | — | -0.26 | -0.58 | -0.08 | -0.08 |
| EPS (diluted) | — | -0.26 | -0.58 | -0.08 | -0.02 |
| Book value per share | — | -0.32 | -0.92 | -1.26 | -0.6 |
| FCF per share | — | -0.1 | -0.09 | -0.49 | -0.13 |
| Cash per share | — | 0.01 | 0.02 | 0.37 | 0.01 |
| Capex per share | — | 0.01 | 0.01 | 0.01 | 0 |
| Metric | FY20 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|
| Capex / revenue | — | 2.15% | 1.63% | 1.45% | 1.85% |
| Capex / operating cash flow | — | -4.33% | -6.54% | -2.03% | -3.88% |
| Payout ratio | — | — | — | — | 0% |
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 | FY23 | FY24 | FY25 |
|---|---|---|---|
| Net income | -6.8M | -15.4M | -928K |
| Depreciation & amortization | 253K | 289K | 277K |
| Stock-based compensation | 2.2M | 1.1M | 231K |
| Change in working capital | -33K | 2.7M | -172K |
| Operating cash flow | -3.7M | -2.2M | -5.5M |
| Capital expenditure | -160K | -144K | -112K |
| Investing cash flow | -160K | -164K | -112K |
| Dividends paid | — | — | — |
| Share repurchases | 0 | -2M | 0 |
| Financing cash flow | 2M | 3.3M | 9.4M |
| Net change in cash | -1.9M | 935K | 3.7M |
| Free cash flow | -2.8M | -2.4M | -5.7M |
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 | Q1 24 | Q4 24 | Q1 25 | Q2 25 | Q1 26 | Q2 26 |
|---|---|---|---|---|---|---|
| Net income | -3.3M | -3.3M | -253K | -3.8M | -872K | -2.8M |
| Depreciation & amortization | 82K | 75K | 66K | 69K | 78K | 82K |
| Stock-based compensation | 549K | -104K | 65K | 53K | 406K | 472K |
| Change in working capital | -219K | 1.1M | 1M | 775K | -21K | 626K |
| Operating cash flow | -2.5M | 305K | -229K | 80K | -2.2M | -1.3M |
| Capital expenditure | -6K | -37K | -23K | -31K | -36K | -52K |
| Investing cash flow | -26K | -37K | -23K | -31K | -36K | -52K |
| Dividends paid | — | — | — | — | — | — |
| Share repurchases | -2M | 0 | 0 | — | — | — |
| Financing cash flow | 1.4M | 47K | 180K | 0 | -376K | 0 |
| Net change in cash | -1.1M | 315K | -72K | 49K | -2.6M | -1.3M |
| Free cash flow | -1.5M | 304K | -253K | 44K | -2.3M | -1.3M |