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 | -$0.07 | -$0.25 | -257.1% | — | $971K | — |
| Q4 25 | -$0.21 | -$0.15 | +28.6% | — | $758K | — |
| Q3 25 | -$0.19 | -$0.25 | -31.6% | — | $430K | — |
| Q2 25 | -$0.14 | -$0.26 | -85.7% | — | $1.2M | — |
| Q1 25 | -$0.1 | -$0.15 | -50.0% | — | $496K | — |
| Q4 24 | -$0.15 | -$0.11 | +26.7% | — | $1.8M | — |
| Q3 24 | -$0.16 | -$0.16 | 0.0% | — | $2.6M | — |
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 | — | -$0.82 | — | — | $2.9M | — |
| FY24 | — | -$0.3 | — | — | $9.1M | — |
| FY23 | — | -$0.51 | — | — | — | — |
| FY22 | — | -$0.65 | — | — | $16.7M | — |
| FY21 | — | -$0.82 | — | — |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | $25.5M | $16.7M | — | $9.1M | $2.9M |
| YoY change | — | -34.7% | — | — | -68.6% |
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 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 |
|---|
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | 25.5M | 16.7M | — | 9.1M | 2.9M |
| Cost of revenue | 17.4M | 11.6M | — | 4.1M | 4.7M |
| Gross profit | 8.2M | 5.1M | — | 5.1M | -1.8M |
| Gross margin | 32% | 30.3% | — | 55.6% | -63.4% |
| Research & development | 19.1M | 17.4M | — | 17.3M | 14M |
| Selling, general & administrative | 6.8M | 10.4M | — | 14.7M | 20.7M |
| Operating expenses | 26M | 27.8M | — | 32M | 34.7M |
| Operating income | -17.8M | -22.8M | — | -27M | -36.5M |
| Operating margin | -69.8% | -136.5% | — | -295.5% | -1.3K% |
| Non-operating income, net | -4.1M | -178K | — | 18.9M | 96K |
| Pretax income | -26.5M | -26.3M | — | -11.9M | -42.5M |
| Income tax | 359K | 121K | — | 445K | 902K |
| Net income | -26.8M | -26.4M | — | -12.4M | -43.4M |
| Net margin | -105% | -158.4% | — | -135.6% | -1.5K% |
| EBITDA | -20.6M | -21.4M | — | -25.4M | -35.1M |
| EPS | -0.82 | -0.65 | -0.51 | -0.3 | -0.82 |
| Diluted EPS | -0.82 | -0.65 | -0.51 | -0.3 | -0.82 |
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 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 4.3M | 4.5M | 3.3M | 1.5M | 2.6M | 1.8M | 496K | 1.2M | 430K | 758K | 1.9M | 971K |
| Cost of revenue | 1.5M | 3.9M | 1.3M | 547K | 984K | 1.2M | 408K | 804K | 1.5M | 2M | 973K | 1.2M |
| Gross profit | 2.8M | 527K | 2M | 921K | 1.6M | 576K | 88K | 378K | -1.1M | -1.2M | 947K | -226K |
| Gross margin | 65.8% | 11.8% | 59.8% | 62.7% | 62.3% | 32.3% | 17.7% | 32% | -244.2% | -162.7% | 49.3% | -23.3% |
| Research & development | 4M | 2.4M | 5.5M | 4.2M | 4.2M | 3.4M | 4.1M | 3.5M | 3.3M | 3.1M | 3.2M | 3.3M |
| Selling, general & administrative | 3.4M | 2.2M | 3.8M | 3.8M | 3.3M | 3.7M | 3.7M | 4.5M | 4.9M | 7.6M | 3.9M | 3.9M |
| Operating expenses | 7.4M | 4.5M | 9.4M | 8M | 7.5M | 7.2M | 7.8M | 8M | 8.2M | 10.7M | 7.1M | 7.2M |
| Operating income | -4.5M | -4M | -7.4M | -7.1M | -5.9M | -6.6M | -7.7M | -7.6M | -9.3M | -12M | -6.1M | -7.4M |
| Operating margin | -105.5% | -89.7% | -226.6% | -482.2% | -226.5% | -368.6% | -1.6K% | -642.3% | -2.2K% | -1.6K% | -319.4% | -763.6% |
| Non-operating income, net | 731K | 929K | 10.3M | 6.9M | -481K | 2.2M | 1.9M | -4.4M | -2.6M | 5.2M | -1.8M | -11.6M |
| Pretax income | -6.5M | -4.3M | 816K | -976K | -7.1M | -4.7M | -6.9M | -13.5M | -13.7M | -8.4M | -9.7M | -20.3M |
| Income tax | 37K | 38K | 59K | 67K | 61K | 258K | 105K | 39K | 178K | 580K | 128K | 108K |
| Net income | -6.6M | -4.3M | 757K | -1M | -7.1M | -5M | -7M | -13.5M | -13.8M | -9M | -9.9M | -20.4M |
| Net margin | -152.7% | -97.1% | 23.2% | -71% | -272.8% | -278.5% | -1.4K% | -1.1K% | -3.2K% | -1.2K% | -513.8% | -2.1K% |
| EBITDA | -3.4M | -2.6M | -11.4M | 128K | -6.1M | -8.1M | -7.4M | -7.2M | -8.9M | -11.5M | -5.7M | -6.8M |
| EPS | -0.15 | -0.1 | 0.03 | -0.02 | -0.16 | — | -0.15 | -0.26 | -0.25 | — | -0.15 | -0.25 |
| Diluted EPS | -0.15 | -0.1 | 0.03 | -0.02 | -0.16 | — | -0.15 | -0.26 | -0.25 | — | -0.15 | -0.25 |
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 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|
| Market cap | — | — | 463.7M | 94.7M | — | 200.5M |
| Enterprise value | — | — | 463.7M | 136.7M | — | 230.5M |
| Shares outstanding | 43.9M | 43.9M | 43.9M | 40.6M | 52.9M | 52.9M |
| Metric | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | -2.66 |
| P/S | — | — | — | 10.4 | — | 50.3 |
| P/B | — | — | — | -1.6 | — | -3.46 |
| EV/EBITDA | — | — | — | -5.37 | — | -6.82 |
| EV/Sales | — | — | — | 15 | — | 56.5 |
| Earnings yield | — | — | — | — | — | -37.6% |
| FCF yield | — | — | — | -33.3% | — | -13.4% |
| PEG | — | — | — | — | — | 0.69 |
| Metric | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|
| Gross margin | 32% | 30.3% | — | 55.6% | -63.4% | -23.3% |
| Operating margin | -69.8% | -136.5% | — | -295.5% | -1.3K% | -763.6% |
| Net margin | -105% | -158.4% | — | -135.6% | -1.5K% | -63.4% |
| ROE | 5.49% | 27.8% | — | 20.9% | 52.1% | 52.1% |
| ROA | -159.8% | -160.3% | — | -62.2% | -277.2% | -64.4% |
| ROIC | 4.41% | 87.5% | — | 155.9% | 178.1% | 130.5% |
| Return on tangible assets | -173.6% | -174.5% | — | -62.4% | -277.2% | -106.6% |
| Metric | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|
| Current ratio | 0.13 | 0.16 | — | 0.29 | 0.15 | 0.82 |
| Quick ratio | 0.11 | 0.11 | — | 0.24 | 0.14 | 0.8 |
| Debt / equity | -0.18 | -0.74 | — | -0.73 | -0.76 | -0.01 |
| Debt / assets | 5.1 | 4.27 | — | 2.18 | 4.05 | 1.12 |
| Net debt / EBITDA | -4.09 | -3.22 | — | -1.65 | -1.79 | -0.77 |
| Interest coverage | -4.83 | -6.82 | — | -2.09 | -6.05 | -7.09 |
| Effective tax rate | 0% | 0% | — | 0% | 0% | 0% |
| Metric | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|
| Revenue per share | 0.58 | 0.38 | — | 0.22 | 0.05 | 0.06 |
| EPS (basic) | -0.82 | -0.65 | -0.51 | -0.3 | -0.82 | -0.82 |
| EPS (diluted) | -0.82 | -0.65 | -0.51 | -0.3 | -0.82 | -0.82 |
| Book value per share | -11.1 | -2.16 | — | -1.46 | -1.58 | -0.57 |
| FCF per share | -0.42 | -0.43 | — | -0.78 | -0.63 | -0.49 |
| Cash per share | 0.03 | 0.03 | — | 0.04 | 0.01 | 0.33 |
| Capex per share | 0.01 | 0.01 | — | 0.01 | — | — |
| Metric | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|
| Capex / revenue | 1.97% | 3.74% | — | 5.94% | — | — |
| Capex / operating cash flow | -2.66% | -2.88% | — | -3.75% | — | — |
| Payout ratio | — | — | — | — | — | 0% |
| $25.5M |
| — |
| Q1 26 |
|---|
| Q2 26 |
|---|
| Revenue | $4.3M | $4.5M | $3.3M | $1.5M | $2.6M | $1.8M | $496K | $1.2M | $430K | $758K | $1.9M | $971K |
| YoY change | — | — | +6.63% | -65.9% | -41.7% | — | -84.8% | -19.5% | -83.5% | -57.5% | +287.1% | -17.9% |
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 | FY21 | FY22 | FY24 | FY25 |
|---|---|---|---|---|
| Cash & short-term investments | 1.3M | 1.4M | 1.4M | 590K |
| Receivables | 5.9M | 4.5M | 5.7M | 2.6M |
| Inventory | 1.7M | 3.5M | 3M | 947K |
| Total current assets | 13.3M | 12.9M | 17.6M | 11.9M |
| Property, plant & equipment | 1.8M | 1.9M | 1.7M | 3.4M |
| Goodwill & intangibles | 1.3M | 1.3M | 65K | 0 |
| Total assets | 16.8M | 16.5M | 19.9M | 15.6M |
| Accounts payable | 12.9M | 19M | 1M | 628K |
| Short-term debt | 76.7M | 49.7M | 38.3M | 57.3M |
| Total current liabilities | 103.8M | 81.9M | 60.9M | 79.6M |
| Long-term debt | 8.8M | 20.6M | 5.1M | 6.1M |
| Total liabilities | 505.1M | 111.4M | 79.2M | 98.9M |
| Shareholders' equity | -488.3M | -94.9M | -59.3M | -83.3M |
| Total debt | 85.5M | 70.3M | 43.4M | 63.4M |
| Net debt | 84.3M | 68.9M | 42M | 62.8M |
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 22 | Q3 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 | 1.4M | 120K | 16.1M | 4M | 1.8M | 1.4M | 1M | 1.3M | 8.3M | 590K | 7.2M | 30.2M |
| Receivables | 4.5M | 7M | 5.1M | 5.2M | 6.4M | 5.7M | 4.5M | 3.8M | 3.7M | 2.6M | 2.4M | 1.1M |
| Inventory | 3.5M | 1.7M | 1.8M | 2M | 3.1M | 3M | 3.1M | 3M | 1.9M | 947K | 1.6M | 1.5M |
| Total current assets | 12.9M | 13.5M | 32.8M | 20.6M | 20M | 17.6M | 15.4M | 15.7M | 21.9M | 11.9M | 19M | 46.7M |
| Property, plant & equipment | 1.9M | 2.6M | 2M | 1.8M | 1.7M | 1.7M | 1.5M | 1.4M | 2M | 3.4M | 3M | 2.8M |
| Goodwill & intangibles | 1.3M | 956K | 187K | 132K | 99K | 65K | 32K | 10K | 10K | 0 | — | — |
| Total assets | 16.5M | 17.4M | 35.8M | 23.4M | 22.6M | 19.9M | 17.5M | 17.6M | 24.3M | 15.6M | 22.4M | 49.8M |
| Accounts payable | 19M | 18.3M | 1.2M | 877K | 1.1M | 1M | 1.4M | 823K | 1.1M | 628K | 702K | 218K |
| Short-term debt | 49.7M | 74.3M | 46.2M | 39.3M | 37.6M | 38.3M | 50.8M | 52.3M | 65.1M | 57.3M | 52.6M | 39.4M |
| Total current liabilities | 81.9M | 113.1M | 72.6M | 62.9M | 61.9M | 60.9M | 71.4M | 74M | 87.1M | 79.6M | 74.5M | 56.7M |
| Long-term debt | 20.6M | 994K | 5.3M | 5.2M | 5.2M | 5.1M | 120K | 106K | 63K | 6.1M | 5.7M | 16.2M |
| Total liabilities | 111.4M | 123.2M | 98.2M | 81.7M | 80.9M | 79.2M | 83.1M | 87.6M | 104.4M | 98.9M | 96.3M | 101.8M |
| Shareholders' equity | -94.9M | -105.7M | -62.4M | -58.3M | -58.3M | -59.3M | -65.6M | -70M | -80.1M | -83.3M | -73.9M | -52M |
| Total debt | 70.3M | 75.3M | 51.5M | 44.4M | 42.7M | 43.4M | 50.9M | 52.4M | 65.1M | 63.4M | 58.2M | 55.6M |
| Net debt | 68.9M | 75.1M | 35.4M | 40.4M | 40.9M | 42M | 49.8M | 51.1M | 56.8M | 62.8M | 51M | 25.4M |
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 | FY21 | FY22 | FY24 | FY25 |
|---|---|---|---|---|
| Net income | -26.8M | -26.4M | -12.4M | -43.4M |
| Depreciation & amortization | 1.3M | 1.5M | 1.3M | 1.5M |
| Stock-based compensation | 20K | 17K | 2.7M | 6.3M |
| Change in working capital | 1.1M | 2.7M | -6.8M | 1.6M |
| Operating cash flow | -18.9M | -21.6M | -14.4M | -30.7M |
| Capital expenditure | -503K | -623K | -542K | — |
| Investing cash flow | -503K | -623K | -542K | — |
| Dividends paid | — | — | — | — |
| Share repurchases | — | — | — | — |
| Financing cash flow | 9M | 17.2M | 22.4M | 28.5M |
| Net change in cash | -10.5M | -5M | 7.4M | -2.1M |
| Free cash flow | -18.4M | -19M | -31.5M | -33.1M |
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 | Q2 23 | Q3 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income | -6.6M | -4.3M | 757K | -1M | -7.1M | -5M | -7M | -13.5M | -13.8M | -9M | -9.9M | -20.4M |
| Depreciation & amortization | 383K | 455K | 382K | 344K | 265K | 334K | 341K | 339K | 346K | 425K | 445K | 451K |
| Stock-based compensation | 3K | 3K | 1.2M | 323K | 573K | 581K | 511K | 512K | 1.9M | 3.4M | 445K | 344K |
| Change in working capital | -3M | -492K | -4.8M | -394K | -862K | -732K | 621K | -1.2M | 1.9M | 298K | -528K | 576K |
| Operating cash flow | -9.7M | -4.4M | -1.2M | -117K | -7M | -6.1M | -5.5M | -8.6M | -6.9M | -7.2M | -7.4M | -16.6M |
| Capital expenditure | -104K | -62K | 0 | -131K | -54K | -357K | -118K | — | — | — | — | — |
| Investing cash flow | -104K | -62K | 0 | -131K | -54K | -357K | -118K | — | — | — | — | — |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | 6.3M | 716K | 30.3M | 17.1M | -18.8M | 4.9M | 7.7M | 6.2M | 14.9M | -289K | 13.2M | 41M |
| Net change in cash | -3.5M | -3.7M | 29.1M | 16.9M | -25.8M | -1.6M | 2.1M | -2.4M | 8.1M | -7.5M | 5.8M | 24.4M |
| Free cash flow | -5M | -1.6M | -14.4M | -9.8M | -4.7M | -2.6M | -8.1M | -8.7M | -7.8M | -8.5M | -7.5M | -16.9M |