| Market Cap | $40.9M | |
| Enterprise Value | — | |
| Revenue | $1.5M | +2511.6% |
| Gross Profit | $1.2M | +1751.2% |
| EBITDA | -$10.9M | — |
| Net Income | -$12.3M | — |
| Diluted EPS | -$0.32 | — |
| Free Cash Flow | -$11.3M | — |
| Ratio | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend · 6y | vs own | vs sector |
|---|---|---|---|---|---|---|---|---|---|
| ▾Margins | |||||||||
| Gross Margin | — | — | — | — | 100.00% | 70.88% | 25% | 64% | |
| Operating Margin | — | — | — | — | −25511.63% | −1113.98% | 75% | 17% | |
| EBITDA Margin | — | — | — | — | −25511.63% | −935.89% | 75% | 18% | |
| NOPAT Margin | — | — | — | — | — | −880.04% | — | 50% | 13% |
| Net Margin | — | — | — | — | −20497.67% | −994.48% | 75% | 17% | |
| FCF Margin | — | — | — | — | −21248.84% | −977.29% | 75% | 14% | |
| OCF Margin | — | — | — | — | −21220.93% | −977.11% | 75% | 15% | |
| Gross Profitability | — | — | — | — | 0.53% | 9.83% | 75% | 23% | |
| Capex Intensity | — | — | — | — | 27.91% | 0.18% | 25% | 9% | |
| ▸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 | — | — | — | — | $43,000 | $1.1M |
| YoY % | +2511.6% | |||||
| Cost of Revenue | — | — | — | — | $0 | $327,000 |
| Gross Profit | — | — | — | — | $43,000 | $796,000 |
| YoY % | +1751.2% | |||||
| R&D Expense | $2.4M | $3.0M | $4.3M | $5.7M | $6.0M | $6.3M |
| YoY % | +27.4% | +41.5% | +31.8% | +6.3% | +4.0% | |
| Selling & Marketing Expense | — | — | — | $530,000 | $413,000 | $290,000 |
| YoY % | -22.1% | -29.8% | ||||
| SG&A Expense | — | — | — | $5.7M | $5.0M | $7.0M |
| YoY % | -12.9% | +41.1% | ||||
| Total Operating Expenses | $3.2M | $5.7M | $9.9M | $11.4M | $11.0M | $13.3M |
| YoY % | +77.0% | +75.5% | +14.5% | -3.4% | +20.8% | |
| Operating Income | -$3.2M | -$5.7M | -$9.9M | -$11.4M | -$11.0M | -$12.5M |
| Other Non-Operating Income | -$594,000 | -$653,000 | $61,000 | $1.2M | $2.2M | $1.3M |
| YoY % | +1808.2% | +85.2% | -37.8% | |||
| Pretax Income | — | — | — | — | -$8.8M | -$11.2M |
| Income Tax | — | — | — | — | — | $2,000 |
| Net Income | -$3.8M | -$6.3M | -$9.9M | -$10.2M | -$8.8M | -$11.2M |
| EPS (Basic) | — | -$1.21 | -$1.09 | -$0.99 | -$0.40 | -$0.32 |
| EPS (Diluted) | — | — | -$1.09 | -$0.99 | -$0.40 | -$0.32 |
| Weighted Avg Shares (Basic) | — | 5.2M | 9.1M | 10.3M | 22.3M | 35.3M |
| YoY % | +73.5% | +13.7% | +116.4% | +58.6% | ||
| Weighted Avg Shares (Diluted) | — | — | 9.1M | 10.3M | 22.3M | 35.3M |
| YoY % | +13.7% | +116.4% | +58.6% |
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.
