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 | $0.01 | $0.01 | 0.0% | — | $6.7M | — |
| Q1 26 | $0.01 | $0.01 | 0.0% | — | $7.2M | — |
| Q1 25 | -$0.01 | -$0.01 | 0.0% | — | $3.1M | — |
| Q4 24 | — | -$0.02 | — | — | $3.4M | — |
| Q3 24 | -$0.01 | $0.02 | +300.0% | — | $2.1M | — |
| Q2 24 | -$0.01 | -$0.01 | 0.0% | — | $1.8M | — |
| Q1 24 | -$0.01 | -$0.01 | 0.0% | — | $2.9M | — |
| Q4 23 | -$0.01 | -$0.01 | 0.0% | — | $1M | — |
| Q3 23 | -$0.01 | -$0.01 | 0.0% | — | $797K | — |
| Q2 23 | -$0.01 | -$0.02 | -100.0% | — | $468K | — |
| Q1 23 | -$0.01 | -$0.02 | -100.0% | — | $767K | — |
| Q4 22 | -$0.02 | -$0.02 | 0.0% | — | $582K | — |
| Q3 22 | -$0.01 | -$0.03 | -200.0% | — | $866K | — |
| Q2 22 | -$0.01 | -$0.03 | -200.0% | — | $1.9M | — |
| Q1 22 | -$0.03 | -$0.02 | +33.3% | — | $638K | — |
| Q4 21 | -$0.01 | -$0.02 | -100.0% | — | $533K | — |
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 | — | -$0.02 | — | — | $15.6M | — |
| FY24 | — | -$0.02 | — | — | $10.1M | — |
| FY23 | — | -$0.18 | — | — | $3M | — |
| FY22 | — | -$0.14 | — | — | $3.9M | — |
| FY21 | — | -$0.45 | — | — |
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 | $192K | $3.9M | $3M | $10.1M | $15.6M |
| YoY change | — | +2K% | -22.7% | +231.5% | +54.5% |
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 |
|---|
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 | 192K | 3.9M | 3M | 10.1M | 15.6M |
| Cost of revenue | 164K | 1.8M | 943K | 3.5M | 3.7M |
| Gross profit | 28K | 2.2M | 2.1M | 6.6M | 11.9M |
| Gross margin | 14.6% | 55.5% | 69.1% | 65.6% | 76.4% |
| Research & development | — | — | — | — | — |
| Selling, general & administrative | 12.6M | 19.6M | 10.9M | 10.6M | 10.2M |
| Operating expenses | 12.6M | 21M | 10.9M | 10.6M | 10.2M |
| Operating income | -12.6M | -17.4M | -8.8M | -4M | 1.7M |
| Operating margin | -6.6K% | -442.1% | -287.9% | -39.7% | 10.9% |
| Non-operating income, net | -2.4M | 709K | -22.3M | 2.7M | 2.2M |
| Pretax income | -15M | -17.4M | -32.9M | -9.4M | -4.3M |
| Income tax | 0 | -15K | -6.1M | -6M | -205K |
| Net income | -15M | -17.3M | -26.8M | -3.4M | -4.1M |
| Net margin | -7.8K% | -439.8% | -877.8% | -33.8% | -26.5% |
| EBITDA | -12.3M | -15.6M | -7.3M | 986K | 4.2M |
| EPS | -0.45 | -0.14 | -0.18 | -0.02 | -0.02 |
| Diluted EPS | -0.45 | -0.14 | -0.18 | -0.02 | -0.02 |
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 | 797K | 1M | 2.9M | 1.8M | 2.1M | 3.4M | 3.1M | 3.8M | 4.1M | 4.5M | 7.2M | 6.7M |
| Cost of revenue | 373K | 249K | 520K | 425K | 488K | 2M | 236K | 686K | 1.2M | 1.5M | 1.7M | 2.1M |
| Gross profit | 424K | 767K | 2.4M | 1.4M | 1.6M | 1.3M | 2.9M | 3.1M | 2.9M | 3M | 5.5M | 4.7M |
| Gross margin | 53.2% | 75.5% | 82% | 76.3% | 76.3% | 39.2% | 92.5% | 82.1% | 70.4% | 66% | 76.6% | 69.3% |
| Research & development | — | — | — | — | — | — | — | — | — | — | — | — |
| Selling, general & administrative | 2M | 3.5M | 2.9M | 2.1M | 2.4M | 3.2M | 2.5M | 2.5M | 2.3M | 2.8M | 2.8M | 2.8M |
| Operating expenses | 2.1M | 3.5M | 2.9M | 2.1M | 2.4M | 3.2M | 2.5M | 2.5M | 2.3M | 2.8M | 2.8M | 2.8M |
| Operating income | -1.8M | -1.8M | -501K | -764K | -856K | -1.9M | 371K | 646K | 572K | 105K | 2.6M | 1.9M |
| Operating margin | -225% | -177.8% | -17.3% | -42.6% | -41.6% | -56.3% | 11.8% | 16.9% | 13.8% | 2.33% | 36.7% | 27.7% |
| Non-operating income, net | -85K | -22.3M | 1.3M | 528K | 321K | 513K | 1M | 421K | 377K | 422K | 506K | 1.1M |
| Pretax income | -2.3M | -25M | -979K | -2.1M | -2.7M | -3.6M | -817K | -1.2M | -1.3M | -1M | 2.8M | 2.8M |
| Income tax | -464K | -5.6M | 426K | 95K | -6.1M | -371K | 431K | -340K | -210K | -86K | 1M | 1M |
| Net income | -1.8M | -19.4M | -1.4M | -2.2M | 3.4M | -3.2M | -1.2M | -829K | -1.1M | -920K | 1.8M | 1.8M |
| Net margin | -228% | -1.9K% | -48.5% | -124.6% | 166.2% | -95.2% | -39.8% | -21.7% | -27.3% | -20.4% | 24.7% | 26.5% |
| EBITDA | -1.4M | -1.4M | 647K | 181K | 7K | 151K | 750K | 1M | 1.1M | 1.6M | 4.6M | 4M |
| EPS | -0.01 | — | -0.01 | -0.01 | 0.02 | — | -0.01 | 0 | -0.01 | — | 0.01 | 0.01 |
| Diluted EPS | -0.01 | — | -0.01 | -0.01 | 0.02 | — | -0.01 | 0 | -0.01 | — | 0.01 | 0.01 |
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 | — | 167.8M | — | — | — | 706.9M | 702M |
| Enterprise value | — | 156.8M | — | — | — | 693.1M | 718.1M |
| Shares outstanding | — | 33.6M | 128.2M | 144.7M | 159.5M | 175M | 175M |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | -152.3 |
| P/S | — | 873.8 | — | — | — | 45.3 | 32.5 |
| P/B | — | 0.74 | — | — | — | 1.01 | 1.01 |
| EV/EBITDA | — | -12.7 | — | — | — | 163.9 | 68.1 |
| EV/Sales | — | 816.7 | — | — | — | 44.4 | 31.8 |
| Earnings yield | — | — | — | — | — | — | -0.66% |
| FCF yield | — | -12.7% | — | — | — | -9.45% | -14.8% |
| PEG | — | — | — | — | — | — | 0 |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Gross margin | — | 14.6% | 55.5% | 69.1% | 65.6% | 76.4% | 69.3% |
| Operating margin | — | -6.6K% | -442.1% | -287.9% | -39.7% | 10.9% | 27.7% |
| Net margin | — | -7.8K% | -439.8% | -877.8% | -33.8% | -26.5% | 6.65% |
| ROE | — | -6.66% | -3.23% | -5.14% | -0.61% | -0.59% | 0.23% |
| ROA | — | -5.37% | -2.52% | -3.87% | -0.46% | -0.5% | 0.41% |
| ROIC | — | -5.87% | -3.28% | -1.59% | -0.66% | 0.25% | 0.34% |
| Return on tangible assets | — | -5.37% | -2.52% | -3.87% | -0.46% | -0.5% | 0.18% |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Current ratio | — | 1.92 | 2.35 | 1.44 | 1.52 | 4.88 | 4.8 |
| Quick ratio | — | 1.92 | 2.35 | 1.44 | 1.52 | 4.88 | 4.8 |
| Debt / equity | — | 0 | 0.02 | 0.06 | 0.09 | 0 | 0 |
| Debt / assets | — | 0 | 0.01 | 0.05 | 0.07 | 0 | 0 |
| Net debt / EBITDA | — | 0.89 | 0.29 | -4.29 | 48.2 | -3.28 | -1.23 |
| Interest coverage | — | — | -26.4 | -16.9 | -0.17 | 0.48 | 1.75 |
| Effective tax rate | — | 0% | 0% | 0% | 0% | 0% | 53.8% |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Revenue per share | — | 0.01 | 0.03 | 0.02 | 0.06 | 0.09 | 0.11 |
| EPS (basic) | — | -0.45 | -0.14 | -0.18 | -0.02 | -0.02 | -0.02 |
| EPS (diluted) | — | -0.45 | -0.14 | -0.18 | -0.02 | -0.02 | -0.02 |
| Book value per share | — | 6.71 | 4.18 | 3.6 | 3.5 | 4 | 3.14 |
| FCF per share | — | -0.64 | -0.3 | -0.25 | -0.27 | -0.38 | -0.4 |
| Cash per share | — | 0.33 | 0.11 | 0.01 | 0.02 | 0.08 | 0.06 |
| Capex per share | — | 0.28 | 0.14 | 0.19 | 0.28 | — | — |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Capex / revenue | — | 4.9K% | 458.4% | 881.4% | 438.7% | — | — |
| Capex / operating cash flow | — | -78.1% | -84.4% | -97.1% | 2.2K% | — | — |
| Payout ratio | — | 0% | -23.2% | -9.71% | 0% | 0% | 0% |
| Dividend yield | — | 0% | — | — | — | 0% | 1.31% |
Split-adjusted payout per share by ex-dividend date.
| Ex-dividend | Amount |
|---|---|
| Jun 16, 2023 | $0.01 |
| Mar 30, 2023 | $0.01 |
| Dec 14, 2022 | $0.01 |
| Sep 19, 2022 | $0.01 |
| Jun 16, 2022 | $0.01 |
| Mar 14, 2022 | $0.01 |
| $192K |
| — |
| Q4 25 |
|---|
| Q1 26 |
|---|
| Q2 26 |
|---|
| Revenue | $797K | $1M | $2.9M | $1.8M | $2.1M | $3.4M | $3.1M | $3.8M | $4.1M | $4.5M | $7.2M | $6.7M |
| YoY change | -7.97% | +74.6% | +277.3% | +283.3% | +158.5% | +230.2% | +8.43% | +113.1% | +101.4% | +34.2% | +128.7% | +76.1% |
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 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|
| Cash & short-term investments | 37.5K | 11M | 14.2M | 1.8M | 2.5M | 14M |
| Receivables | 0 | 412K | 1M | 931K | 1.7M | 2.7M |
| Inventory | — | — | — | — | — | — |
| Total current assets | 53.9K | 13.3M | 17M | 5.5M | 5.9M | 22.5M |
| Property, plant & equipment | 1.6K | 264.5M | 668.3M | -3.1M | — | — |
| Goodwill & intangibles | — | — | — | — | — | — |
| Total assets | 55.5K | 279.5M | 688.6M | 691M | 737.5M | 822.8M |
| Accounts payable | 75.5K | 6.9M | — | — | — | — |
| Short-term debt | — | 36.3K | — | — | — | — |
| Total current liabilities | 196.4K | 6.9M | 7.2M | 3.9M | 3.9M | 4.6M |
| Long-term debt | 0 | 11K | 9.7M | 33.1M | 50M | 101K |
| Total liabilities | 196.4K | 54.2M | 152.4M | 170M | 179.2M | 123.6M |
| Shareholders' equity | -140.9K | 225.3M | 536.2M | 521M | 558.3M | 699.2M |
| Total debt | 0 | 47.3K | 9.7M | 33.1M | 50M | 101K |
| Net debt | -37.5K | -9.9M | 2.6M | 31.6M | 47.7M | -12.3M |
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 | 3.8M | 1.8M | 2.3M | 3.9M | 2.7M | 2.5M | 3.4M | 3.2M | 5.7M | 14M | 16.2M | 14.1M |
| Receivables | 642K | 931K | 1.9M | 1.2M | 1.3M | 1.7M | 1.2M | 2M | 2M | 2.7M | 5.2M | 6.1M |
| Inventory | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 6.9M | 5.5M | 6.9M | 7.3M | 6M | 5.9M | 6.3M | 7.2M | 9.9M | 22.5M | 24.4M | 23.2M |
| Property, plant & equipment | -2.8M | -3.1M | -3.6M | -4M | — | — | — | — | — | — | — | — |
| Goodwill & intangibles | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | 683.2M | 691M | 691.1M | 741.5M | 739.4M | 737.5M | 739.9M | 740.2M | 740.5M | 822.8M | 846.9M | 850.1M |
| Accounts payable | — | — | — | — | — | — | — | — | — | — | — | — |
| Short-term debt | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current liabilities | 3.8M | 3.9M | 4.9M | 4.3M | 3.7M | 3.9M | 4.5M | 4.6M | 4.9M | 4.6M | 5M | 4.8M |
| Long-term debt | 17.6M | 33.1M | 33.3M | 48.7M | 49.1M | 50M | 51.8M | 52.2M | 50.9M | 101K | 79K | 54K |
| Total liabilities | 155.9M | 170M | 170.7M | 185.5M | 178.7M | 179.2M | 181.8M | 181.8M | 180.5M | 123.6M | 124.9M | 125.6M |
| Shareholders' equity | 527.3M | 521M | 520.4M | 555.9M | 560.8M | 558.3M | 558M | 558.4M | 560M | 699.2M | 722M | 724.5M |
| Total debt | 17.6M | 33.1M | 33.3M | 48.7M | 49.1M | 50M | 51.8M | 52.2M | 50.9M | 101K | 79K | 54K |
| Net debt | 14.3M | 31.6M | 31.5M | 45.1M | 46.6M | 47.7M | 48.6M | 49.1M | 46.4M | -12.3M | -13.5M | -11.3M |
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 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Net income | -15M | -17.3M | -26.8M | -3.4M | -4.1M |
| Depreciation & amortization | 169K | 1.8M | 1M | 3.3M | 2.7M |
| Stock-based compensation | 3M | 3.1M | 2.8M | 2.3M | 2.8M |
| Change in working capital | -127K | -9M | -146K | 335K | -1.1M |
| Operating cash flow | -12M | -21.4M | -27.7M | 2M | 6.2M |
| Capital expenditure | -9.4M | -18.1M | -26.9M | -44.3M | — |
| Investing cash flow | -69.2M | 10.6M | -33.6M | -44.1M | 431K |
| Dividends paid | 0 | -4M | -2.6M | 0 | 0 |
| Share repurchases | — | — | — | — | — |
| Financing cash flow | 90.9M | 6.2M | 37.1M | 46.5M | 77.9M |
| Net change in cash | 9.7M | -4.7M | -24.2M | 4.4M | 84.5M |
| Free cash flow | -21.3M | -39M | -35.6M | -43.6M | -66.8M |
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 | -1.8M | -19.4M | -1.4M | -2.2M | 3.4M | -3.2M | -1.2M | -829K | -1.1M | -920K | 1.8M | 1.8M |
| Depreciation & amortization | 386K | 269K | 540K | 444K | 508K | 1.8M | 110K | 438K | 881K | 1.3M | 1.4M | 1.8M |
| Stock-based compensation | 562K | 536K | 595K | 459K | 445K | 839K | 692K | 650K | 561K | 851K | 735K | 715K |
| Change in working capital | -264K | -210K | 377K | 1.1M | 56K | -106K | 466K | -779K | -55K | -710K | -2.5M | -917K |
| Operating cash flow | -1.3M | -23.7M | 558K | 1.4M | 300K | 572K | 1.6M | 1.1M | 2.4M | 176K | 4.5M | 3.7M |
| Capital expenditure | -7.2M | -20.8M | 1.1M | -45.5M | 366K | -248K | 113K | — | — | — | — | — |
| Investing cash flow | -6.6M | -30.7M | 1.1M | -45.3M | 417K | -248K | 113K | 7K | 424K | 0 | 22.5M | -72K |
| Dividends paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | -15K | -181K | -20K | 47.1M | -23K | -375K | -23K | 47K | -244K | 76.4M | 5.3M | 17K |
| Net change in cash | -7.9M | -54.5M | 1.6M | 3.1M | 694K | -51K | 1.7M | 1.1M | 2.6M | 76.5M | 32.3M | 3.7M |
| Free cash flow | -9.3M | -22.8M | 313K | -44.6M | -42K | 810K | 278K | 1.1M | 2.4M | -70.6M | -25.9M | -2.8M |