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 | -$1.05 | -$1.54 | -46.7% | — | $7.1M | — |
| Q1 26 | -$0.06 | -$0.12 | -100.0% | — | $8.2M | — |
| Q4 25 | -$0.11 | -$0.15 | -36.4% | — | $7.3M | — |
| Q3 25 | -$0.1 | -$0.26 | -160.0% | — | $4.4M | — |
| Q2 25 | -$0.13 | -$0.18 | -38.5% | — | $7.1M | — |
| Q1 25 | -$0.31 | -$0.1 | +67.7% | — | $6.7M | — |
| Q4 24 | -$0.28 | -$0.66 | -135.7% | — | $7.2M | — |
| Q3 24 | -$0.4 | -$0.41 | -2.5% | — | $6.5M | — |
| Q2 24 | -$0.3 | -$0.36 | -20.0% | — | $6M | — |
| Q1 24 | -$0.39 | -$0.44 | -12.8% | — | $3.5M | — |
| Q4 23 | -$0.47 | -$0.12 | +74.5% | — | $2.7M | — |
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 | — | -$12.2 | — | — | $18.2M | — |
| FY24 | — | -$1.8 | — | — | $23.2M | — |
| FY23 | — | -$2.43 | — | — | $5.7M | — |
| FY22 | — | -$0.24 | — | — | $475.2K | — |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|
| Revenue | $475.2K | $5.7M | $23.2M | $18.2M |
| YoY change | — | +1.1K% | +308% | -21.5% |
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 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 |
|---|
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|
| Revenue | 475.2K | 5.7M | 23.2M | 18.2M |
| Cost of revenue | 716.1K | 3.8M | 9.1M | 5.6M |
| Gross profit | -240.9K | 1.9M | 14.1M | 12.6M |
| Gross margin | -50.7% | 33.2% | 60.7% | 69.2% |
| Research & development | 1.4M | 4.6M | 4.4M | 3.8M |
| Selling, general & administrative | 4.6M | 27.3M | 62.1M | 34.8M |
| Operating expenses | 6M | 31.9M | 66.5M | 38.7M |
| Operating income | -7.1M | -32.5M | -55.7M | -32M |
| Operating margin | -1.5K% | -571.6% | -240.1% | -175.4% |
| Non-operating income, net | 118.2K | -20.6M | 327.7K | 10.6M |
| Pretax income | -7M | -53.3M | -57.7M | -24.9M |
| Income tax | 800 | 1.9K | 1.2K | 0 |
| Net income | -7M | -53.3M | -57.7M | -36.6M |
| Net margin | -1.5K% | -937.9% | -248.7% | -200.9% |
| EBITDA | -6.2M | -23.4M | -52.1M | -24.4M |
| EPS | -0.24 | -2.43 | -1.8 | -12.2 |
| Diluted EPS | -0.24 | -2.43 | -1.8 | -12.2 |
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 | 2M | 2.7M | 3.5M | 6M | 6.5M | 7.2M | 6.7M | 7.1M | 4.4M | 7.3M | 8.2M | 7.1M |
| Cost of revenue | 1.5M | 1.7M | 2M | 2M | 2.4M | 2.8M | 2.8M | 3.4M | 1.5M | 2.5M | 3.6M | 3M |
| Gross profit | 557.7K | 1M | 1.5M | 4M | 4.2M | 4.4M | 3.9M | 3.7M | 3M | 4.9M | 4.6M | 4.1M |
| Gross margin | 27.5% | 37.9% | 42.6% | 67.1% | 63.6% | 61.4% | 58.4% | 52.4% | 67.1% | 66.3% | 55.9% | 58% |
| Research & development | 1.5M | 1.3M | 1.1M | 1M | 973.5K | 1.3M | 1.4M | 1.3M | 1.2M | 619K | 624.1K | 759.4K |
| Selling, general & administrative | 8M | 13.1M | 14.9M | 16.1M | 16.9M | 14.2M | 13M | 8.8M | 9.7M | 10.1M | 8.2M | 6.4M |
| Operating expenses | 9.5M | 14.4M | 16.1M | 17.1M | 17.9M | 15.4M | 14.4M | 10.1M | 11M | 10.7M | 8.8M | 7.2M |
| Operating income | -9.7M | -13.8M | -14.9M | -14M | -14.7M | -12.1M | -11.7M | -8.1M | -9.7M | -7.7M | -6.1M | -4.8M |
| Operating margin | -476.1% | -503.9% | -430.1% | -234.4% | -224.7% | -167.6% | -173.2% | -113.7% | -220.1% | -105.7% | -75.2% | -67.2% |
| Non-operating income, net | -10.5M | 8.1M | 2.5M | 3.4M | 2.3M | -7.8M | 8.1M | 559.2K | 510.7K | 1.4M | 599.5K | 520.7K |
| Pretax income | -20.2M | -5.7M | -12.6M | -11.2M | -13.1M | -20.7M | -4.4M | -8.4M | -10.1M | -7.3M | -6.5M | -5.2M |
| Income tax | -262 | 418 | -419 | 14K | -12.4K | 0 | 8.2K | -63 | -8.2K | 0 | 0 | 0 |
| Net income | -20.2M | -5.7M | -12.6M | -11.2M | -13.1M | -20.7M | -4.4M | -8.4M | -12M | -11.8M | -6.5M | -5.6M |
| Net margin | -996.5% | -206.8% | -362.9% | -187.7% | -200.9% | -287.7% | -65.9% | -118.1% | -272% | -161.2% | -79.1% | -78.8% |
| EBITDA | -8.8M | 7.6M | -14.5M | -13M | -13.8M | -10.8M | -10.2M | -5.9M | -7.7M | -5.7M | -4.4M | -3.1M |
| EPS | -0.77 | — | -0.44 | -0.36 | -0.41 | -0.66 | -0.1 | -0.18 | -3.9 | -3.75 | -1.8 | -1.54 |
| Diluted EPS | -0.77 | — | -0.44 | -0.36 | -0.41 | -0.66 | -0.1 | -0.18 | -3.9 | -3.75 | -1.8 | -1.54 |
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 | — | — | — | — | — | 18.6M |
| Enterprise value | — | — | — | — | — | 47.4M |
| Shares outstanding | — | 29.3M | 22M | 32M | 3M | 3M |
| Metric | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | 145.4 |
| P/S | — | — | — | — | — | 0.73 |
| P/B | — | — | — | — | — | 4.25 |
| EV/EBITDA | — | — | — | — | — | -2.3 |
| EV/Sales | — | — | — | — | — | 1.75 |
| Earnings yield | — | — | — | — | — | 0.69% |
| FCF yield | — | — | — | — | — | -44.5% |
| PEG | — | — | — | — | — | 0.19 |
| Metric | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|
| Gross margin | — | -50.7% | 33.2% | 60.7% | 69.2% | 58% |
| Operating margin | — | -1.5K% | -571.6% | -240.1% | -175.4% | -67.2% |
| Net margin | — | -1.5K% | -937.9% | -248.7% | -200.9% | -132.7% |
| ROE | — | -205.2% | -511.1% | -214.8% | -272.5% | -218.2% |
| ROA | — | -165.5% | -211.2% | -77% | -61.3% | -30.4% |
| ROIC | — | -518% | 571.7% | -241.8% | -93.7% | -84% |
| Return on tangible assets | — | -415.3% | -294.1% | -268.9% | -422.3% | -2K% |
| Metric | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|
| Current ratio | — | 3.83 | 5.29 | 5.43 | 2.03 | 1.47 |
| Quick ratio | — | 3.83 | 4.93 | 5.12 | 2.03 | 1.47 |
| Debt / equity | — | 0.09 | 0.03 | 1.21 | 2.63 | 8.67 |
| Debt / assets | — | 0.07 | 0.01 | 0.43 | 0.59 | 0.74 |
| Net debt / EBITDA | — | 0.33 | 0.69 | 0.07 | -0.85 | -1.41 |
| Interest coverage | — | — | — | -24.1 | -6.09 | -6.87 |
| Effective tax rate | — | 0% | 0% | 0% | 0% | 0% |
| Metric | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|
| Revenue per share | — | 0.02 | 0.26 | 0.72 | 6 | 8.01 |
| EPS (basic) | — | -0.24 | -2.43 | -1.8 | -12.2 | -12.2 |
| EPS (diluted) | — | -0.24 | -2.43 | -1.8 | -12.2 | -8.92 |
| Book value per share | — | 0.12 | 0.48 | 0.84 | 4.43 | 1.25 |
| FCF per share | — | -0.26 | -1.33 | -1.18 | -8.77 | -5.16 |
| Cash per share | — | 0.08 | 0.75 | 1.13 | 4.82 | 2 |
| Capex per share | — | 0 | 0.01 | 0 | 0.95 | 0.69 |
| Metric | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|
| Capex / revenue | — | 6.3% | 1.99% | 0% | 15.9% | 9.34% |
| Capex / operating cash flow | — | -0.52% | -0.25% | 0% | -14.5% | -16.7% |
| Payout ratio | — | — | — | — | — | 0% |
| Revenue | $2M | $2.7M | $3.5M | $6M | $6.5M | $7.2M | $6.7M | $7.1M | $4.4M | $7.3M | $8.2M | $7.1M |
| YoY change | +1.5K% | +889.7% | +816.8% | +1K% | +222% | +162.4% | +94.7% | +18.3% | -32.6% | +1.72% | +20.9% | +0.7% |
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 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Cash & short-term investments | 399.4K | 2.3M | 16.4M | 36.3M | 14.6M |
| Receivables | — | 0 | 204.9K | 447.8K | 1.6M |
| Inventory | — | 0 | 1.4M | 2.7M | — |
| Total current assets | 431.6K | 2.6M | 21.2M | 46.8M | 31.8M |
| Property, plant & equipment | 0 | 320.2K | 451.4K | 550.1K | 1.2M |
| Goodwill & intangibles | 1.2M | 2.5M | 7.1M | 53.4M | 51M |
| Total assets | 1M | 4.2M | 25.2M | 74.9M | 59.7M |
| Accounts payable | 143.3K | 424.1K | 1.8M | 3.5M | 5.4M |
| Short-term debt | — | 169.3K | 310.9K | 3.9M | 6.5M |
| Total current liabilities | 155.8K | 684.5K | 4M | 8.6M | 15.7M |
| Long-term debt | 0 | 129.8K | 16.5K | 28.6M | 28.8M |
| Total liabilities | 155.8K | 814.3K | 14.8M | 48M | 46.2M |
| Shareholders' equity | 860.5K | 3.4M | 10.4M | 26.9M | 13.4M |
| Total debt | 0 | 299K | 327.4K | 32.5M | 35.3M |
| Net debt | -399.4K | -2M | -16.1M | -3.8M | 20.7M |
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 | 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 | 25.3M | 16.4M | 9.1M | 7.6M | 4.7M | 36.3M | 28M | 20.6M | 10.6M | 14.6M | 10.1M | 6.7M |
| Receivables | 67.6K | 204.9K | 365.6K | 340.6K | 622.4K | 447.8K | 674.4K | 623.5K | 182.6K | 1.6M | 1.9M | 1.6M |
| Inventory | 1.5M | 1.4M | 1.2M | 1.3M | 1.5M | 2.7M | 2.4M | 2.5M | — | — | — | — |
| Total current assets | 30.3M | 21.2M | 19.8M | 16.9M | 16M | 46.8M | 38.7M | 32.2M | 30.5M | 31.8M | 27.4M | 23.3M |
| Property, plant & equipment | 296.6K | 451.4K | 933K | 795.9K | 650.5K | 550.1K | 459.1K | 1.1M | 1.5M | 1.2M | 984K | 798.2K |
| Goodwill & intangibles | 5.1M | 7.1M | 53.4M | 53.6M | 53.8M | 53.4M | 52.5M | 63M | 52.6M | 51M | 49.4M | 47.5M |
| Total assets | 33.2M | 25.2M | 48.6M | 45.1M | 44.2M | 74.9M | 66.2M | 65.5M | 58.8M | 59.7M | 54.4M | 49.2M |
| Accounts payable | 1.7M | 1.8M | 6.6M | 3.9M | 3.7M | 3.5M | 3.1M | 2.9M | 2.3M | 5.4M | 5.1M | 4.8M |
| Short-term debt | 168.6K | 310.9K | 5.4M | 3.8M | 3.3M | 3.9M | 3.8M | 4.5M | 4.9M | 6.5M | 7.7M | 7.7M |
| Total current liabilities | 3.2M | 4M | 13.2M | 9M | 8.4M | 8.6M | 8.6M | 10.9M | 12M | 15.7M | 16.2M | 15.9M |
| Long-term debt | 0 | 16.5K | 8.7M | 18.7M | 28.6M | 28.6M | 28.6M | 28.8M | 28.9M | 28.8M | 28.7M | 28.6M |
| Total liabilities | 21.7M | 14.8M | 30.3M | 32.8M | 39.8M | 48M | 40.1M | 43M | 43.9M | 46.2M | 46M | 45M |
| Shareholders' equity | 11.5M | 10.4M | 18.3M | 12.2M | 4.4M | 26.9M | 26M | 22.5M | 14.9M | 13.4M | 8.3M | 4.2M |
| Total debt | 168.6K | 327.4K | 14.1M | 22.4M | 31.9M | 32.5M | 32.4M | 33.3M | 33.8M | 35.3M | 36.5M | 36.3M |
| Net debt | -25.1M | -16.1M | 5M | 14.8M | 27.2M | -3.8M | 4.4M | 12.7M | 23.2M | 20.7M | 26.4M | 29.6M |
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 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|
| Net income | -7M | -53.3M | -57.7M | -36.6M |
| Depreciation & amortization | 895K | 2.7M | 3.3M | 6.6M |
| Stock-based compensation | 0 | 6.7M | 20.7M | 10.8M |
| Change in working capital | 283.1K | 1M | -4.1M | 2.4M |
| Operating cash flow | -5.8M | -44.6M | -36.7M | -19.9M |
| Capital expenditure | -29.9K | -113.1K | 0 | -2.9M |
| Investing cash flow | -29.9K | 234.2K | 661.7K | -6.7M |
| Dividends paid | — | — | — | — |
| Share repurchases | — | — | — | — |
| Financing cash flow | 9.5M | 43.2M | 48.7M | 431.2K |
| Net change in cash | 3.7M | -1.2M | 12.7M | -26.2M |
| Free cash flow | -7.6M | -29.3M | -37.8M | -26.6M |
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 | 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 | -20.2M | -5.7M | -12.6M | -11.2M | -13.1M | -20.7M | -4.4M | -8.4M | -12M | -11.8M | -6.5M | -5.6M |
| Depreciation & amortization | 759.7K | 654.5K | 296.6K | 930.9K | 975.1K | 1.1M | 1.2M | 1.7M | 1.8M | 1.9M | 1.8M | 1.7M |
| Stock-based compensation | 2.1M | 4.6M | 5.9M | 5.2M | 5.8M | 3.9M | 3.6M | -69.9K | 4.4M | 2.8M | 1.4M | 1.2M |
| Change in working capital | 1M | -124.2K | 1.3M | -2.5M | -363.9K | -1.7M | -331.8K | 1.5M | 508.5K | 785.8K | -714.6K | 85.9K |
| Operating cash flow | -31.3M | -1.8M | -5.6M | -8M | -6.6M | -16.4M | -184.1K | -4.9M | -6.1M | -2.6M | -4.1M | -2.3M |
| Capital expenditure | -1 | 0 | 0 | 0 | 0 | 0 | -1.1M | -897.8K | -748.1K | -591.2K | -671.3K | -513.3K |
| Investing cash flow | 7.4M | 0 | 411.1K | -3.1M | -5.2M | -1.2M | -1.2M | -1.3M | -1.8M | -2.8M | -1.6M | -1.5M |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | 18.1M | 6.1M | -431.7K | 6.8M | 9.2M | 33.6M | -2.4M | -1.9M | -1.9M | 6.6M | -2M | -3.6M |
| Net change in cash | -5.8M | 4.3M | -5.6M | -4.3M | -2.6M | 16M | -3.8M | -8.1M | -9.8M | 1.2M | -7.7M | -7.5M |
| Free cash flow | -9.2M | -14.9M | -7.3M | -11.4M | -11.2M | -7.9M | -8.2M | -7.3M | -8.1M | -3.1M | -4.8M | -2.9M |