
| Metric | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|---|
| Net revenues | $25.1M+22.4% | $20.5M-5.7% | $21.8M-26.7% | $29.7M-11.1% | $33.4M |
| Cost of revenues ($223, $140 and $125 to a related party) | $11.4M+10.1% | $10.4M+4.4% | $9.9M-17.2% | $12.0M-19.1% | $14.8M |
| Gross profit | $13.7M+35.1% | $10.1M-14.2% | $11.8M-33.1% | $17.7M-4.6% | $18.5M |
| Research and development | $19.9M+24.6% | $16.0M-26.2% | $21.7M-7.9% | $23.6M-4.5% | $24.7M |
| Selling, general and administrative | $11.2M+4.3% | $10.8M+1.9% | $10.6M+6.3% | $9.9M-2.7% | $10.2M |
| Gain from sale of assets | -$5.8M | — | — | — | — |
| Total operating expenses | $31.2M+48.6% | $21.0M-35.0% | $32.3M-3.7% | $33.5M-4.0% | $34.9M |
| Loss from operations | -$17.5M-61.3% | -$10.8M+47.0% | -$20.4M-29.3% | -$15.8M+3.3% | -$16.4M |
| Interest income, net | $926K+108.1% | $445K-17.7% | $541K+75.6% | $308K+333.8% | $71K |
| Gain on change in fair value of warrant liability | $6.2M | — | — | — | — |
| Issuance costs associated with warrant liability | -$2.8M | — | — | — | — |
| Other expense, net | -$206K-73.1% | -$119K+6.3% | -$127K-19.8% | -$106K+19.1% | -$131K |
| Loss before income taxes | -$13.4M-27.3% | -$10.5M+47.5% | -$20.0M-28.3% | -$15.6M+4.9% | -$16.4M |
| Provision (benefit) for income taxes | -$132K-201.5% | $130K+85.7% | $70K-81.2% | $372K+926.7% | -$45K |
| Net loss | -$13.2M-24.5% | -$10.6M+47.0% | -$20.1M-25.7% | -$16.0M+2.4% | -$16.4M |
| Basic | $31.8M+24.9% | $25.5M+1.4% | $25.1M+2.2% | $24.6M+1.2% | $24.3M |
| Diluted | $31.8M+24.9% | $25.5M+1.4% | $25.1M+2.2% | $24.6M+1.2% | $24.3M |
Source: SEC EDGAR XBRL. % change vs prior period shown where available.
Source: SEC EDGAR 10-K and 10-Q filings. Up to 10 years annual / 16 quarters shown.