| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|
| Revenue | $5.6M+633.1% | $768K+62.0% | $474K-44.3% | $851K+12.5% | $757K+131.2% | $327K+63.6% | $200K |
| Cost of revenue | $3.6M+376.3% | $756K+170.9% | $279K-78.2% | $1.3M | — | — | — |
| Gross profit | $2.0M+16808.3% | $12K | — | — | — | — | — |
| Research and development | $4.1M-46.3% | $7.7M-28.9% | $10.8M-13.5% | $12.5M-39.3% | $20.6M+20.5% | $17.1M-26.5% | $23.2M |
| Sales and marketing | $2.4M-23.1% | $3.1M-20.4% | $3.9M-21.1% | $4.9M-43.2% | $8.6M+46.2% | $5.9M+8.5% | $5.4M |
| General and administrative | $4.5M-28.6% | $6.3M-13.5% | $7.3M-10.0% | $8.1M-10.2% | $9.0M-1.7% | $9.2M-11.6% | $10.4M |
| Severance expense | $403K-70.7% | $1.4M+283.1% | $359K-55.0% | $798K-80.1% | $4.0M | — | — |
| Expenses from abandoned financing transaction | $661K | — | — | — | — | — | — |
| Total operating expenses | $12.0M-34.6% | $18.4M | — | — | $42.2M+30.9% | $32.2M-17.4% | $39.0M |
| Loss from operations | -$10.0M+45.6% | -$18.4M+16.7% | -$22.1M+17.2% | -$26.7M+35.6% | -$41.4M-29.9% | -$31.9M+17.8% | -$38.8M |
| Change in fair value of warrant liability | $257K-1.9% | $262K-89.6% | $2.5M | — | — | — | — |
| Interest income, net | $166K | — | $809K+96.9% | $411K+7384.8% | $5K-92.3% | $71K-82.9% | $416K |
| Loss on retirement of property and equipment | -$1K | — | — | — | — | — | -$7K |
| Loss on extinguishment of short-term debt | -$219K | — | — | — | — | — | — |
| Discount fees from accounts receivable factoring agreements | -$31K | — | — | — | — | — | — |
| Total other income (expense), net | $422K+3416.7% | $12K-99.6% | $2.7M+564.9% | $411K+7384.8% | $5K-91.8% | $67K-83.6% | $409K |
| Net loss | -$9.6M+47.9% | -$18.4M+5.0% | -$19.4M+26.3% | -$26.3M+36.6% | -$41.4M-30.1% | -$31.8M+17.1% | -$38.4M |
| Basic loss per common share | -$6.46+91.6% | -$77.16-1759.3% | -$4.15+38.8% | -$6.78-959.4% | -$0.64 | — | — |
| Diluted loss per common share | -$6.46+91.6% | -$77.16-1759.3% | -$4.15+38.8% | -$6.78-959.4% | -$0.64 | — | — |
| Weighted average shares outstanding, basic | 1.49B+522.8% | 238.5M+5013.1% | 4.7M+20.4% | 3.9M-94.0% | 64.9M | — | — |
| Weighted average shares outstanding, diluted | 1.49B+522.8% | 238.5M+5013.1% | 4.7M+20.4% | 3.9M-94.0% | 64.9M | — | — |
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.