| Market Cap | $14.2M | |
| Enterprise Value | — | |
| Revenue | $43.2M | +11.7% |
| Gross Profit | — | — |
| EBITDA | -$11.0M | — |
| Net Income | -$11.1M | — |
| Diluted EPS | -$1.04 | — |
| Free Cash Flow | -$9.3M | — |
| Ratio | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend · 6y | vs own | vs sector |
|---|---|---|---|---|---|---|---|---|---|
| ▾Margins | |||||||||
| Operating Margin | −50.96% | −104.57% | −64.80% | −66.56% | −46.11% | −27.21% | 92% | 16% | |
| EBITDA Margin | −47.98% | −102.33% | −62.99% | −64.80% | −44.51% | −26.88% | 92% | 16% | |
| NOPAT Margin | −40.26% | −82.61% | −51.19% | −52.58% | −36.43% | −21.50% | 92% | 14% | |
| Net Margin | −58.29% | −156.49% | −2.23% | −59.09% | −47.58% | −25.26% | 75% | 21% | |
| FCF Margin | — | — | −56.63% | −73.08% | −27.54% | −32.04% | 63% | 13% | |
| OCF Margin | −65.62% | −110.85% | −56.49% | −73.07% | −27.52% | −32.04% | 75% | 14% | |
| Capex Intensity | — | — | 0.13% | 0.01% | 0.03% | 0.00% | 13% | 1% | |
| ▸Returns on Capital · 3 ratios | |||||||||
| ▸DuPont factors (ROE drivers) · 2 ratios | |||||||||
| ▸Earnings quality · 1 ratios | |||||||||
| ▸Liquidity & coverage · 6 ratios | |||||||||
| ▸Leverage · 2 ratios | |||||||||
| ▸Working capital · 1 ratios | |||||||||
| ▸Per share · 6 ratios | |||||||||
| Line | 2020↗ | 2021↗ | 2022↗ | 2023↗ | 2024↗ | 2025↗ |
|---|---|---|---|---|---|---|
| Revenue | $18.8M | $24.1M | $28.7M | $34.1M | $37.3M | $41.7M |
| YoY % | +27.9% | +19.0% | +18.8% | +9.5% | +11.7% | |
| R&D Expense | — | — | — | $77,000 | $2.1M | $3.7M |
| YoY % | +2613.0% | +78.0% | ||||
| SG&A Expense | $17.7M | $36.5M | $35.1M | $39.0M | $33.8M | $37.8M |
| YoY % | +106.2% | -3.8% | +10.9% | -13.3% | +11.7% | |
| Total Operating Expenses | $28.5M | $49.3M | $47.3M | $56.7M | $54.5M | $53.1M |
| YoY % | +73.3% | -4.2% | +20.1% | -3.9% | -2.7% | |
| Operating Income | -$9.6M | -$25.2M | -$18.6M | -$22.7M | -$17.2M | -$11.3M |
| Interest Expense | $2.9M | $344,000 | $12,000 | $220,000 | — | — |
| YoY % | -88.0% | -96.5% | +1733.3% | |||
| Interest & Investment Income | $28,000 | $16,000 | — | $132,000 | $71,000 | — |
| YoY % | -42.9% | -46.2% | ||||
| Other Non-Operating Income | $1.6M | $689,000 | $33,000 | -$75,000 | $158,000 | $388,000 |
| YoY % | -55.6% | -95.2% | +145.6% | |||
| Equity Method Income | — | — | $1.7M | -$7.4M | -$14,000 | $2,000 |
| Pretax Income | -$10.9M | -$37.7M | -$608,000 | -$20.1M | -$17.7M | -$10.5M |
| Income Tax | $64,000 | $56,000 | $32,000 | $14,000 | $22,000 | $25,000 |
| YoY % | -12.5% | -42.9% | -56.3% | +57.1% | +13.6% | |
| Net Income | -$11.0M | -$37.7M | -$640,000 | -$20.1M | -$17.8M | -$10.5M |
| Net Income to Common | -$11.0M | -$37.7M | — | — | — | — |
| EPS (Basic) | — | -$4.28 | -$0.61 | -$13.02 | -$3.22 | -$1.04 |
| EPS (Diluted) | — | — | -$0.61 | -$13.02 | -$3.22 | -$1.04 |
| Weighted Avg Shares (Basic) | — | 8.8M | 1.1M | 1.5M | 5.5M | 10.2M |
| YoY % | -88.0% | +46.3% | +256.7% | +84.4% | ||
| Weighted Avg Shares (Diluted) | — | — | 1.1M | 1.5M | 5.5M | 10.2M |
| YoY % | +46.3% | +256.7% | +84.4% |
The sector classification is SIC-derived, not official GICS. Statement lines are XBRL facts as filed with the company's home regulator (SEC EDGAR for US filers; ESEF/EDINET and other national regulators for foreign filers); ratios and other derived figures are computed from them. A blank cell means the tag was absent — never imputed.
