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 | -$0.06 | -$0.05 | +16.7% | — | $20M | — |
| Q2 18 | $0.17 | $0.3 | +76.5% | — | — | — |
| Q1 18 | — | $0.3 | — | — | — | — |
| Q4 17 | — | $0.31 | — | — | — | — |
| Q3 17 | — | $0.29 | — | — | — | — |
| Q2 17 | — | $0.27 | — | — | — | — |
| Q1 17 | — | $0.27 | — | — | — | — |
| Q4 16 | — | $0.27 | — | — | — | — |
| Q3 16 | — | $0.47 | — | — | — | — |
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 | — | -$0.48 | — | — | $39.2M | — |
| FY24 | — | -$1.17 | — | — | $18.7M | — |
| FY23 | — | -$0.67 | — | — | $20M | — |
| FY22 | — | -$0.32 | — | — | $25M | — |
| FY21 | — | -$0.3 | — |
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 | $9.8M | $17M | $25M | $20M | $18.7M | $39.2M |
| YoY change | — | +74.1% | +47% | -19.8% | -6.84% | +110.3% |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | Q4 21 | Q4 22 | Q3 23 | Q4 23 | Q2 25 | Q2 26 |
|---|---|---|---|---|---|---|
| Revenue | $3.4M |
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 | 9.8M | 17M | 25M | 20M | 18.7M | 39.2M |
| Cost of revenue | 9.5M | 17M | 33M | 32.9M | 65.9M | 35.6M |
| Gross profit | 244.8K | 43.9K | -8M | -12.9M | -47.2M | 3.6M |
| Gross margin | 2.51% | 0.26% | -31.9% | -64.2% | -253% | 9.28% |
| Research & development | 541.2K | 1M | 1.9M | 2M | 2M | 3M |
| Selling, general & administrative | 3.1M | 6.6M | 4.1M | 12.7M | 13.7M | 20M |
| Operating expenses | 3.8M | 8.3M | 6.1M | 14.6M | 15.7M | 23.1M |
| Operating income | -3.9M | -9M | -14.7M | -28.3M | -63.4M | -20M |
| Operating margin | -40.4% | -53% | -59% | -141.2% | -340% | -51% |
| Non-operating income, net | -424.4K | -4.1M | 2.2M | 407.8K | -1.5M | -6.4M |
| Pretax income | -4.6M | -13.6M | -14.2M | -33.8M | -73.9M | -41.4M |
| Income tax | 0 | 887.6K | 0 | 0 | 0 | 0 |
| Net income | -4.6M | -14.5M | -14.2M | -33.8M | -73.9M | -41.4M |
| Net margin | -47.4% | -85.1% | -57% | -168.8% | -395.9% | -105.6% |
| EBITDA | 1.4M | -3.4M | -5.4M | -18.7M | -56M | -24.1M |
| EPS | -0.1 | -0.3 | -0.32 | -0.67 | -1.17 | -0.48 |
| Diluted EPS | -0.1 | -0.3 | -0.32 | -0.67 | -1.17 | -0.48 |
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | Q4 21 | Q4 22 | Q3 23 | Q4 23 | Q2 25 | Q2 26 |
|---|---|---|---|---|---|---|
| Revenue | 3.4M | 6.3M | 246.2K | 10.3M | 8.3M | 20M |
| Cost of revenue | 4M | 8.6M | -4.9M | 21.3M | 7.3M | 10M |
| Gross profit | -649.1K | -2.3M | 5.1M | -11M | 1.1M | 10M |
| Gross margin | -19.1% | -37.4% | 2.1K% | -106.4% | 12.7% | 50.1% |
| Research & development | 415.2K | 737.3K | -927.5K | 1.4M | 479.8K | 908K |
| Selling, general & administrative | 1.9M | 4.2M | -1.4M | 9M | 3.5M | 4.1M |
| Operating expenses | 2.5M | 4.5M | -2.2M | 10M | 4M | 4.8M |
| Operating income | -3.8M | -7M | 7.7M | -21.8M | -3M | 5.1M |
| Operating margin | -110.7% | -112.7% | 3.1K% | -211.5% | -36.2% | 25.6% |
| Non-operating income, net | — | — | — | — | -1.8M | -13.6M |
| Pretax income | -7.6M | -4.9M | 6.7M | -27.2M | -9.2M | -12.5M |
| Income tax | 887.6K | 0 | — | — | 0 | 0 |
| Net income | -8.5M | -4.9M | 6.7M | -27.2M | -9.2M | -12.5M |
| Net margin | -250.4% | -79.1% | 2.7K% | -263.9% | -110.9% | -62.6% |
| EBITDA | -4.7M | -4.3M | 5.8M | -16.1M | -4.7M | -19.5K |
| EPS | — | — | — | — | -0.12 | -0.15 |
| Diluted EPS | — | — | — | — | -0.12 | -0.15 |
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 | — | — | 449.9M | — | — | — | 195.1M |
| Enterprise value | — | — | 442.3M | — | — | — | 282.5M |
| Shares outstanding | 48.6M | 48.6M | 44.1M | 50.6M | 63.3M | 85.9M | 85.9M |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | 148 |
| P/S | — | — | 18 | — | — | — | 3.09 |
| P/B | — | — | 59.2 | — | — | — | — |
| EV/EBITDA | — | — | -81.5 | — | — | — | -17.3 |
| EV/Sales | — | — | 17.7 | — | — | — | 4.68 |
| Earnings yield | — | — | — | — | — | — | 0.68% |
| FCF yield | — | — | -3.04% | — | — | — | -2.68% |
| PEG | — | — | — | — | — | — | 72.3 |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Gross margin | 2.51% | 0.26% | -31.9% | -64.2% | -253% | 9.28% | -106.4% |
| Operating margin | -40.4% | -53% | -59% | -141.2% | -340% | -51% | -0.68% |
| Net margin | -47.4% | -85.1% | -57% | -168.8% | -395.9% | -105.6% | -69.8% |
| ROE | -172.4% | -70.5% | -187.5% | 103.4% | 120.2% | 61.8% | 61.8% |
| ROA | -33.9% | -37.1% | -34.8% | -84.1% | -362.5% | -139.1% | -49.4% |
| ROIC | -45.7% | -41.7% | 20.9K% | 55% | 96.1% | -171.5% | -171.5% |
| Return on tangible assets | -34% | -37.2% | -35.1% | -84.9% | -384.8% | -142.4% | -85.2% |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Current ratio | 0.53 | 1.73 | 1.29 | 1.47 | 1.01 | 0.97 | 1.35 |
| Quick ratio | 0.52 | 1.64 | 1.1 | 1.34 | 0.83 | 0.83 | 1.34 |
| Debt / equity | 3.52 | 0.7 | 0.37 | -0.02 | -0.01 | -1.29 | -0.02 |
| Debt / assets | 0.69 | 0.37 | 0.07 | 0.02 | 0.03 | 2.9 | 0.02 |
| Net debt / EBITDA | 4.15 | -0.33 | 1.41 | 1 | 0.08 | -3.26 | 0.97 |
| Interest coverage | -16.5 | -21.2 | -6.56 | -4.02 | -6.41 | -1.65 | -3.92 |
| Effective tax rate | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Revenue per share | 0.2 | 0.35 | 0.57 | 0.4 | 0.29 | 0.46 | 0.72 |
| EPS (basic) | -0.1 | -0.3 | -0.32 | -0.67 | -1.17 | -0.48 | -0.48 |
| EPS (diluted) | -0.1 | -0.3 | -0.32 | -0.67 | -1.17 | -0.48 | -0.5 |
| Book value per share | 0.06 | 0.42 | 0.17 | -0.65 | -0.97 | -0.78 | -0.97 |
| FCF per share | -0.32 | -0.55 | -0.31 | -0.39 | -0.41 | -0.18 | -0.06 |
| Cash per share | 0.07 | 0.27 | 0.24 | 0.38 | 0.08 | 0.09 | 0.14 |
| Capex per share | 0.36 | 0.47 | 0.18 | — | — | — | — |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Capex / revenue | 180.9% | 134.3% | 31.8% | — | — | — | 82.9% |
| Capex / operating cash flow | 1.1K% | -248.5% | -290.1% | — | — | — | -174.2% |
| Payout ratio | — | — | — | — | — | — | 0% |
| — |
| $17M |
| — |
| FY20 | — | -$0.1 | — | — | $9.8M | — |
| $6.3M |
| $246.2K |
| $10.3M |
| $8.3M |
| $20M |
| YoY change | — | +84% | — | +64.7% | — | +140.7% |
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 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|
| Cash & short-term investments | 3.5M | 13.2M | 10.5M | 19.4M | 5.1M | 7.8M |
| Receivables | 28.9K | 55.2K | 286.6K | 163.5K | 188.3K | 482.1K |
| Inventory | 75.9K | 866.7K | 3M | 2.3M | 2M | 2M |
| Total current assets | 5.6M | 18M | 20.5M | 25.7M | 11.4M | 13.9M |
| Property, plant & equipment | 8M | 21M | 20.3M | 14.1M | 5.2M | 2.4M |
| Goodwill & intangibles | 39.7K | 66.6K | 319.2K | 367.8K | 1.2M | 702.4K |
| Total assets | 13.6M | 39M | 40.9M | 40.2M | 20.4M | 29.8M |
| Accounts payable | — | — | — | 2.8M | 1.7M | 4.1M |
| Short-term debt | 9M | 6.3M | 2.2M | 412.6K | 484K | 4.3M |
| Total current liabilities | 10.5M | 10.4M | 15.9M | 17.5M | 11.3M | 14.4M |
| Long-term debt | 393.9K | 8M | 674.5K | 278K | 87.7K | 82.3M |
| Total liabilities | 11M | 18.5M | 33.3M | 72.9M | 81.8M | 96.9M |
| Shareholders' equity | 2.7M | 20.5M | 7.6M | -32.7M | -61.4M | -67.1M |
| Total debt | 9.4M | 14.3M | 2.8M | 690.5K | 571.8K | 86.6M |
| Net debt | 5.9M | 1.1M | -7.7M | -18.7M | -4.6M | 78.8M |
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 21 | Q4 22 | Q3 23 | Q4 23 | Q2 25 | Q2 26 |
|---|---|---|---|---|---|---|
| Cash & short-term investments | 13.2M | 10.5M | 4M | 19.4M | 4.2M | 12.5M |
| Receivables | 55.2K | 286.6K | 553K | 163.5K | 757.6K | 402.5K |
| Inventory | 866.7K | 3M | 3.6M | 2.3M | 2.1M | 1.9M |
| Total current assets | 18M | 20.5M | 12.5M | 25.7M | 10.9M | 17.9M |
| Property, plant & equipment | 21M | 20.3M | 19M | 14.1M | 4.8M | 2.3M |
| Goodwill & intangibles | 66.6K | 319.2K | 182K | 367.8K | 439.8K | 215.8K |
| Total assets | 39M | 40.9M | 31.7M | 40.2M | 17.2M | 32.4M |
| Accounts payable | — | — | 3.6M | 2.8M | 1.9M | 2.2M |
| Short-term debt | 6.3M | 9.4M | 544K | 412.6K | 4.5M | 4.4M |
| Total current liabilities | 10.4M | 15.9M | 13.3M | 17.5M | 11.2M | 13.3M |
| Long-term debt | 8M | 17.1M | 290K | 278K | 78.9M | 102.6M |
| Total liabilities | 18.5M | 33.3M | 35.5M | 72.9M | 90.4M | 116.2M |
| Shareholders' equity | 20.5M | 7.6M | -3.8M | -32.7M | -73.2M | -83.8M |
| Total debt | 14.3M | 26.5M | 834K | 690.5K | 83.4M | 107M |
| Net debt | 1.1M | 16M | -3.1M | -18.7M | 79.2M | 94.5M |
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 | -6M | -14.5M | -14.2M | -33.8M | -73.9M | -41.4M |
| Depreciation & amortization | 5.4M | 5.5M | 9.1M | 10M | 8.7M | 3.6M |
| Stock-based compensation | 643.7K | 868.8K | 1.7M | 2M | 35.7M | 11.3M |
| Change in working capital | 1.1M | -2M | -720.5K | 1.6M | 377.3K | 3.4M |
| Operating cash flow | 1.6M | -9.2M | -2.7M | -14.9M | -25.1M | -14.8M |
| Capital expenditure | -17.7M | -22.8M | -8M | — | — | — |
| Investing cash flow | -17.7M | -22.8M | -8M | — | — | — |
| Dividends paid | — | — | — | — | — | — |
| Share repurchases | — | — | — | 0 | 0 | -367.6K |
| Financing cash flow | 32.4M | 43.1M | 11.3M | 28.6M | 11.8M | 17.8M |
| Net change in cash | 16.4M | 11.1M | 566.1K | 13.7M | -13.2M | 3M |
| Free cash flow | -15.6M | -26.9M | -13.7M | -19.7M | -26.1M | -15.3M |
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 | Q4 21 | Q4 22 | Q3 23 | Q4 23 |
|---|---|---|---|---|
| Net income | -3.3M | -4.9M | 6.7M | -27.2M |
| Depreciation & amortization | 3.1M | 617.4K | 162.1K | 5.2M |
| Stock-based compensation | 616.4K | 402.8K | 203.3K | 1.2M |
| Change in working capital | -1.1M | -668.3K | -48.2K | 3.3M |
| Operating cash flow | 706.7K | -5M | 5.8M | -11.1M |
| Capital expenditure | 12.8M | -3.1M | -746.8K | -48.7K |
| Investing cash flow | 12.8M | -3.1M | -746.8K | -48.7K |
| Dividends paid | — | — | — | — |
| Share repurchases | — | — | — | — |
| Financing cash flow | -37.5M | 16.3M | -7.2M | 3.3M |
| Net change in cash | -23.9M | 8.1M | -2.1M | -7.8M |
| Free cash flow | 13.2M | -11.3M | 3.6M | -13.2M |