| Market Cap | $37.9M | |
| Enterprise Value | — | |
| Revenue | $8.9M | +4.0% |
| Gross Profit | $6.3M | −0.4% |
| EBITDA | -$4.4M | — |
| Net Income | -$4.6M | — |
| Diluted EPS | -$0.07 | — |
| Free Cash Flow | -$1.8M | — |
| Ratio | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend · 6y | vs own | vs sector |
|---|---|---|---|---|---|---|---|---|---|
| ▾Margins | |||||||||
| Gross Margin | 66.60% | 61.25% | 55.65% | 69.12% | 74.56% | 71.40% | 75% | 66% | |
| Operating Margin | −137.08% | −71.60% | −100.24% | −72.31% | −78.30% | −63.48% | 92% | 43% | |
| EBITDA Margin | −135.31% | −70.89% | −99.52% | −71.68% | −77.86% | −62.61% | 92% | 41% | |
| NOPAT Margin | — | — | −79.19% | −57.13% | — | — | — | — | |
| Net Margin | −134.94% | −66.17% | −98.87% | −70.51% | −54.62% | −63.76% | 75% | 43% | |
| FCF Margin | −128.86% | −39.29% | −68.60% | — | −33.95% | −32.67% | 90% | 44% | |
| OCF Margin | −128.46% | −39.14% | −68.50% | −54.20% | −33.83% | −32.50% | 92% | 45% | |
| Gross Profitability | 18.50% | 31.86% | 35.77% | 59.73% | 65.68% | 82.08% | 92% | 94% | |
| Capex Intensity | 0.39% | 0.15% | 0.10% | — | 0.12% | 0.17% | 70% | 8% | |
| ▸Returns on Capital · 3 ratios | |||||||||
| ▸DuPont factors (ROE drivers) · 2 ratios | |||||||||
| ▸Earnings quality · 1 ratios | |||||||||
| ▸Liquidity & coverage · 3 ratios | |||||||||
| ▸Leverage · 2 ratios | |||||||||
| ▸Working capital · 8 ratios | |||||||||
| ▸Per share · 6 ratios | |||||||||
| ▸Other · 1 ratios | |||||||||
| Line | 2020↗ | 2021↗ | 2022↗ | 2023↗ | 2024↗ | 2025↗ |
|---|---|---|---|---|---|---|
| Revenue | $5.4M | $10.3M | $8.8M | $9.8M | $8.6M | $9.0M |
| YoY % | +89.5% | -14.5% | +11.6% | -12.2% | +4.0% | |
| Cost of Revenue | $1.8M | $4.0M | $3.9M | $3.0M | $2.2M | $2.6M |
| YoY % | +119.9% | -2.2% | -22.3% | -27.7% | +16.9% | |
| Gross Profit | $3.6M | $6.3M | $4.9M | $6.8M | $6.4M | $6.4M |
| YoY % | +74.3% | -22.4% | +38.6% | -5.3% | -0.4% | |
| R&D Expense | $307,850 | $878,210 | $1.2M | $701,378 | $858,767 | $449,469 |
| YoY % | +185.3% | +31.0% | -39.0% | +22.4% | -47.7% | |
| Selling & Marketing Expense | — | — | — | $755,170 | $560,895 | — |
| YoY % | -25.7% | |||||
| SG&A Expense | $10.7M | $12.7M | $12.5M | $13.1M | $12.3M | $11.6M |
| YoY % | +19.4% | -1.8% | +5.0% | -6.4% | -5.8% | |
| Total Operating Expenses | $11.1M | $13.7M | $13.7M | $13.9M | $13.2M | $12.1M |
| YoY % | +23.6% | +0.3% | +1.2% | -5.1% | -8.2% | |
| Operating Income | -$7.5M | -$7.4M | -$8.8M | -$7.1M | -$6.8M | -$5.7M |
| Other Non-Operating Income | -$24,790 | — | — | — | — | — |
| Equity Method Income | $97,887 | $242,589 | $0 | — | — | — |
| YoY % | +147.8% | -100.0% | ||||
| Pretax Income | — | — | -$8.8M | -$7.0M | -$4.7M | -$5.7M |
| Income Tax | $15,500 | $333 | $0 | $0 | — | — |
| YoY % | -97.9% | -100.0% | ||||
| Net Income (incl. NCI) | -$7.4M | -$6.9M | -$8.8M | -$7.0M | -$4.7M | — |
| Minority Interest (P&L) | -$51,539 | -$58,115 | -$66,735 | -$51,843 | $0 | — |
| Net Income | -$7.3M | -$6.8M | -$8.7M | -$6.9M | -$4.7M | -$5.7M |
| EPS (Basic) | -$0.12 | -$0.10 | -$0.12 | -$0.10 | -$0.06 | -$0.07 |
| EPS (Diluted) | -$0.12 | -$0.10 | — | — | -$0.06 | -$0.07 |
| Weighted Avg Shares (Basic) | 63.1M | 68.8M | 70.6M | 72.8M | 79.8M | 82.1M |
| YoY % | +9.1% | +2.6% | +3.1% | +9.6% | +2.8% | |
| Weighted Avg Shares (Diluted) | 63.1M | 68.8M | — | — | 79.8M | 82.1M |
| YoY % | +9.1% | +2.8% |
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.
