| Metric | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Net sales | $171.7M+39.2% | $123.3M+19.4% | $103.3M+10.8% | $93.2M+97.9% | $47.1M+15.5% | $40.8M |
| Costs of sales | $128.7M+38.7% | $92.8M+27.2% | $73.0M-1.1% | $73.8M+109.4% | $35.2M+25.7% | $28.0M |
| Gross profit | $43.0M+41.0% | $30.5M+0.7% | $30.3M+56.2% | $19.4M+63.8% | $11.9M-7.0% | $12.7M |
| Research and development | $288K-36.7% | $455K+9.9% | $414K+206.7% | $135K+11.9% | $121K+9.0% | $111K |
| Selling, general and administrative | $35.6M+41.4% | $25.2M+19.8% | $21.0M+27.8% | $16.5M | — | — |
| Total operating expenses | $35.9M+40.1% | $25.7M+19.6% | $21.4M+29.2% | $16.6M+41.0% | $11.8M+27.1% | $9.3M |
| Income from operations | $7.1M+45.8% | $4.9M-45.1% | $8.9M+214.9% | $2.8M+3310.8% | $83K-97.6% | $3.5M |
| Interest expense | -$435K+8.8% | -$477K+13.1% | -$549K+13.4% | -$634K | — | — |
| Interest income | $211K-3.2% | $218K | $0 | $0 | — | — |
| Amortization of debt discount | -$37K-131.3% | -$16K+27.3% | -$22K+0.0% | -$22K-802.4% | -$2K+86.4% | -$18K |
| Other income | $0-100.0% | $104K+285.2% | $27K+800.0% | $3K-92.0% | $38K | — |
| Total other expenses | -$261K-52.6% | -$171K+68.6% | -$544K+16.7% | -$653K-1608.5% | -$38K+75.4% | -$156K |
| Income before income tax provision and income from equity method investment | $6.9M+45.6% | $4.7M-43.6% | $8.3M+284.6% | $2.2M+4771.4% | $45K | — |
| Income from equity method investment | $0 | $0-100.0% | $223K+55.9% | $143K | — | — |
| Income tax provision | -$1.6M-57.3% | -$995K+50.4% | -$2.0M-22211.1% | -$9K+97.0% | -$296K-139.8% | $745K |
| Net income | $5.3M+42.4% | $3.7M-43.4% | $6.6M+184.8% | $2.3M+1014.6% | -$252K-106.2% | $4.1M |
| Less: series B preferred dividends | $0 | $0+100.0% | -$49K-44.1% | -$34K | — | — |
| Net income available to common stockholders | $5.3M+42.4% | $3.7M-43.0% | $6.5M+186.9% | $2.3M+1001.1% | -$252K | — |
| basic (in dollars per share) | $140.00+40.0% | $100.00-44.4% | $180.00+200.0% | $60.00+600100.0% | -$0.01-108.3% | $0.12 |
| diluted (in dollars per share) | $130.00+44.4% | $90.00-47.1% | $170.00+183.3% | $60.00+600100.0% | -$0.01-108.3% | $0.12 |
| basic (in shares) | 38.90B+3.9% | 37.43B+1.7% | 36.81B+2.0% | 36.09B+100997.0% | 35.7M+6.6% | 33.5M |
| diluted (shares) | $41.38B+5.0% | $39.42B+2.7% | $38.38B+2.9% | $37.31B+104412.3% | $35.7M+5.0% | $34.0M |
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.