Earnings History
EPS actual vs estimate, surprise %, beat rate, next earnings date
14
Avg Surprise17.9%
Next ReportOct 28, 2026
Period
Report
EPS Actual
EPS Est
Surprise
June 30, 2026
Jul 29, 2026
$-0.16
$-0.25
35.5%
March 31, 2026
$-0.25
$-0.37
32.3%
Dec. 31, 2025
$-0.30
$-0.38
20.1%
Sept. 30, 2025
$-0.36
$-0.37
3.0%
June 30, 2025
$-0.35
$-0.41
14.9%
March 31, 2025
$-0.37
$-0.38
2.0%
Full Fundamentals
All metrics by year — income statement, balance sheet, cash flow
15
Income Statement16
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
Revenue
$62M
$58M
$124M
$151M
$128M
$107M
$105M
$134M
$126M
$100M
$83M
$76M
Cost of Revenue
$43M
$42M
$95M
$99M
$84M
$74M
$69M
$92M
$80M
$62M
$49M
$45M
Gross Profit
$19M
$17M
$29M
$52M
$44M
$34M
$36M
$42M
$46M
$39M
$34M
$31M
R&D Expense
$20M
$20M
$21M
$21M
$20M
$17M
$15M
$15M
$14M
$13M
$10M
$6M
SG&A Expense
$5M
$4M
$4M
$4M
$5M
$4M
$4M
$4M
$5M
$4M
$4M
$3M
Operating Expenses
$31M
$30M
$57M
$32M
$31M
$28M
$26M
$25M
$21M
$23M
$16M
$14M
Operating Income
$-12M
$-13M
$-29M
$20M
$13M
$6M
$10M
$17M
$25M
$16M
$18M
$17M
Other Non-op
$2M
$2M
$1M
$2M
$-152.0K
$1M
$2M
$923.0K
$156.0K
$35.0K
$220.0K
$263.0K
Pretax Income
$-11M
$-11M
$-27M
$22M
$13M
$7M
$12M
$18M
$26M
$16M
$18M
$17M
Income Tax
$871.0K
$2M
$-889.0K
$4M
$2M
$2M
$2M
$3M
$4M
$3M
$2M
$3M
Net Income
$-11M
$-14M
$-26M
$18M
$11M
$6M
$10M
$15M
$22M
$13M
$17M
$15M
EPS (Basic)
$-2.01
$-2.28
$-3.94
$2.73
$1.54
$0.80
$1.36
$1.94
$2.91
$1.79
$2.27
$2.03
EPS (Diluted)
$-2.01
$-2.28
$-3.94
$2.69
$1.51
$0.80
$1.35
$1.91
$2.86
$1.77
$2.24
$2.00
Shares (Basic)
5,707,000
6,020,000
6,700,000
6,697,000
6,826,000
7,118,000
7,520,000
7,552,094
7,455,528
7,343,696
7,268,536
7,184,114
Shares (Diluted)
5,707,000
6,020,000
6,700,000
6,796,000
6,969,000
7,157,000
7,573,000
7,657,330
7,601,971
7,435,181
7,367,984
7,318,906
EBITDA
$-11M
$-11M
$-26M
$22M
$15M
$9M
$12M
$20M
$29M
$20M
$21M
$18M
Balance Sheet22
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
Cash & Equivalents
$35M
$51M
$47M
$31M
$29M
$21M
$16M
$27M
$17M
$12M
$18M
$18M
Short-term Investments
$7M
$21M
$8M
$4M
$8M
$35M
$14M
$2M
$8M
$16M
$9M
$15M
Receivables
$9M
$12M
$25M
$27M
$31M
$22M
$25M
$23M
$41M
$27M
$23M
$18M
Inventory
$53M
$41M
$52M
$88M
$76M
$48M
$36M
$42M
$51M
$44M
$26M
$25M
Prepaid Expense
$912.0K
$1M
$829.0K
$936.0K
$768.0K
$477.0K
$553.0K
$884.0K
$531.0K
·
·
·
Current Assets
$113M
$130M
$135M
$154M
$149M
$136M
$110M
$104M
$123M
$103M
$78M
$84M
PP&E (Net)
$3M
$3M
$4M
$4M
$5M
$4M
$4M
$4M
$4M
$4M
$4M
$2M
PP&E (Gross)
$15M
$15M
$25M
$24M
$22M
$19M
$17M
$15M
$14M
$11M
$10M
$7M
Accum. Depreciation
$12M
$12M
$22M
$19M
$17M
$15M
$13M
$12M
$9M
$8M
$6M
$4M
Goodwill
·
·
$0
$26M
$26M
$26M
$26M
$26M
$26M
$26M
$26M
$12M
Intangibles
$3M
$2M
$2M
$7M
$4M
$1M
$2M
$966.0K
$1M
$3M
$5M
$2M
Total Assets
$152M
$150M
$168M
$216M
$220M
$196M
$195M
$182M
$163M
$146M
$140M
$122M
Accrued Liabilities
$4M
$2M
$2M
$2M
$9M
$3M
·
·
·
·
·
·
Current Liabilities
$27M
$15M
$13M
$27M
$50M
$29M
$26M
$22M
$19M
$18M
$20M
$19M
Capital Leases
$4M
$5M
$4M
$6M
$7M
$8M
$3M
·
·
·
·
·
Deferred Tax
$116.0K
$32.0K
$46.0K
$74.0K
$10.0K
$136.0K
$205.0K
·
·
·
$268.0K
$284.0K
Total Liabilities
$35M
$23M
$19M
$37M
$61M
$41M
$32M
$24M
$22M
$25M
$27M
$22M
Retained Earnings
$96M
$107M
$121M
$148M
$130M
$120M
$114M
$104M
$89M
$75M
$69M
$60M
Treasury Stock
$55M
$54M
$44M
$35M
$35M
$25M
$8M
$38.0K
$38.0K
$38.0K
$38.0K
$38.0K
Stockholders' Equity
$117M
$128M
$148M
$179M
$158M
$155M
$163M
$158M
$141M
$121M
$113M
$101M
Liabilities + Equity
$152M
$150M
$168M
$216M
$220M
$196M
$195M
$182M
$163M
$146M
$140M
$122M
Shares Outstanding
5,706,142
5,766,286
6,405,523
6,738,706
6,709,528
6,899,515
7,351,317
7,559,205
7,549,531
7,381,613
7,284,344
7,218,633
Cash Flow15
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
D&A
$2M
$2M
$2M
$2M
$2M
$2M
$2M
$3M
$4M
$4M
$3M
$996.0K
Stock-based Comp
$3M
$3M
$3M
$4M
$3M
$3M
$2M
$2M
$2M
$2M
$2M
$1M
Deferred Tax
$84.0K
$2M
$-2M
$1M
$48.0K
$-61.0K
$-699.0K
$5.0K
$453.0K
$-260.0K
$-907.0K
$-219.0K
Amort. of Intangibles
$338.0K
$318.0K
$285.0K
$207.0K
$428.0K
$378.0K
$266.0K
$1M
$2M
$2M
$1M
$105.0K
Other Non-cash
$5M
$24M
$54M
$-30M
$-15M
$-6M
$13M
$25M
$-27M
$-21M
$-7M
$4M
Operating Cash Flow
$-2M
$18M
$32M
$-4M
$1M
$5M
$27M
$46M
$1M
$-3M
$13M
$21M
CapEx
$1M
$932.0K
$1M
$2M
$3M
$2M
$1M
$1M
$2M
$1M
$3M
$2M
Investing Cash Flow
$-12M
$-4M
$-8M
$8M
$17M
$15M
$-30M
$-36M
$9M
$7M
$-7M
$-10M
Stock Repurchased
$2M
$10M
$9M
$3M
$14M
$17M
$8M
·
·
·
·
·
Net Stock Activity
$-2M
$-10M
$-9M
$-3M
$-14M
$-17M
$-8M
·
·
·
·
·
Dividends Paid
·
·
·
·
·
·
·
·
$7M
$7M
$7M
$7M
Financing Cash Flow
$-2M
$-10M
$-8M
$-1M
$-10M
$-17M
$-8M
$288.0K
$-5M
$-11M
$-6M
$-6M
Net Change in Cash
$-16M
$4M
$16M
$1M
$9M
$4M
$-10M
$10M
$5M
$-6M
$288.0K
$5M
Taxes Paid
$861.0K
$917.0K
$301.0K
·
·
·
·
·
·
·
·
·
Free Cash Flow
$-3M
$17M
$31M
$-6M
$-2M
$3M
$25M
$44M
$-282.0K
$-4M
$10M
$19M
Profitability8
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
Gross Margin
30.6%
28.6%
23.1%
34.5%
34.5%
31.4%
34.3%
31.4%
36.5%
38.4%
41.2%
40.7%
Operating Margin
-19.8%
-22.9%
-23.1%
13.2%
10.2%
5.8%
9.7%
12.4%
20.2%
15.8%
22.0%
22.5%
Net Margin
-18.5%
-23.6%
-21.3%
12.2%
8.2%
5.3%
9.7%
10.9%
17.3%
13.1%
20.0%
19.3%
Pretax Margin
-17.1%
-19.5%
-22.0%
14.9%
10.1%
6.8%
11.3%
13.1%
20.3%
15.8%
22.3%
22.9%
EBITDA Margin
-17.2%
-19.1%
-21.1%
14.8%
12.1%
8.0%
11.6%
14.9%
23.2%
19.6%
25.4%
23.9%
ROA
-7.6%
-8.6%
-13.8%
8.4%
5.1%
2.9%
5.4%
8.5%
14.1%
9.2%
12.6%
12.8%
ROE
-9.4%
-9.9%
-16.1%
10.8%
6.7%
3.6%
6.4%
9.8%
16.6%
11.2%
15.5%
15.3%
ROIC
-11.3%
-12.6%
-18.7%
9.1%
6.7%
3.2%
5.4%
8.8%
15.3%
10.8%
14.5%
14.3%
Liquidity & Solvency2
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
Current Ratio
4.2
8.6
10.5
5.7
3.0
4.6
4.2
4.8
6.5
5.8
4.0
4.4
Quick Ratio
1.9
5.6
6.2
2.3
1.4
2.6
2.1
2.4
3.4
3.1
2.5
2.7
Efficiency3
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
Asset Turnover
0.4
0.4
0.6
0.7
0.6
0.5
0.6
0.8
0.8
0.7
0.6
0.7
Inventory Turnover
0.9
0.9
1.4
1.2
1.4
1.8
1.8
2.0
1.7
1.8
1.9
1.7
Receivables Turnover
5.9
3.2
4.8
5.2
4.9
4.6
4.3
4.2
3.7
4.0
4.0
4.6
Per Share6
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
Book Value / Share
$20.59
$22.17
$23.15
$26.61
$23.62
$22.44
$22.16
$20.92
$18.65
$16.45
$15.49
$13.95
Revenue / Share
$10.85
$9.65
$18.53
$22.16
$18.43
$15.01
$13.90
$17.47
$16.53
$13.50
$11.23
$10.33
Cash Flow / Share
$-0.38
$3.04
$4.76
$-0.60
$0.15
$0.69
$3.53
$5.97
$0.19
$-0.36
$1.80
$2.83
Cash / Share
$6.16
$8.89
$7.33
$4.56
$4.36
$3.00
$2.24
$3.55
$2.25
$1.61
$2.50
$2.48
Dividend Paid / Share
·
·
·
·
·
·
·
·
$1.00
$1.00
$1.00
$1.00
EPS (TTM)
$-2.01
$-2.28
$-3.94
$2.69
$1.51
$0.80
$1.35
$1.91
$2.86
$1.77
$2.24
$2.00
Valuation (TTM)13
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
Revenue TTM
$62M
$58M
$124M
$151M
$128M
$107M
$105M
$134M
$126M
$100M
$83M
$76M
Net Income TTM
$-11M
$-14M
$-26M
$18M
$11M
$6M
$10M
$15M
$22M
$13M
$17M
$15M
Market Cap
$84M
$94M
$116M
$284M
$346M
$289M
$245M
$264M
$529M
$303M
$221M
$254M
P/E
-7.3
-7.2
-4.6
15.6
34.1
52.3
24.6
18.3
24.5
23.3
13.5
17.6
P/S
1.4
1.6
0.9
1.9
2.7
2.7
2.3
2.0
4.2
3.0
2.7
3.4
P/B
0.7
0.7
0.8
1.6
2.2
1.9
1.5
1.7
3.8
2.5
2.0
2.5
P / Tangible Book
0.7
0.7
0.8
1.9
2.7
2.3
·
·
·
·
·
·
P / Cash Flow
-38.8
5.1
3.6
-69.4
320.9
58.3
9.1
5.8
375.9
-112.0
16.6
12.3
P / FCF
-25.0
5.4
3.8
-46.0
-229.7
88.5
9.7
6.0
-1876.9
-73.1
21.4
13.5
Dividend Yield
·
·
·
·
·
·
·
·
1.4%
2.4%
3.3%
2.8%
Earnings Yield
-13.7%
-14.0%
-21.8%
6.4%
2.9%
1.9%
4.1%
5.5%
4.1%
4.3%
7.4%
5.7%
Payout Ratio
·
·
·
·
·
·
·
·
34.0%
55.7%
44.0%
49.2%
Annual Payout
·
·
·
·
·
·
·
·
$7M
$7M
$7M
$7M
Per Share1
Metric
Trend
Q4 2010
Q4 2009
Q4 2008
Q4 2007
Q4 2006
Q4 2005
Q4 2004
Q4 2003
Q4 2002
Q4 2001
EPS (TTM)
$0.82
$0.41
·
·
·
·
·
·
·
·
Valuation (TTM)4
Metric
Trend
Q4 2010
Q4 2009
Q4 2008
Q4 2007
Q4 2006
Q4 2005
Q4 2004
Q4 2003
Q4 2002
Q4 2001
Revenue TTM
$30M
$21M
·
·
·
·
·
·
·
·
Net Income TTM
$6M
$3M
·
·
·
·
·
·
·
·
P/E
22.6
20.1
·
·
·
·
·
·
·
·
Earnings Yield
4.4%
5.0%
·
·
·
·
·
·
·
·
Most recent period on the left · null values shown as ·
Financial Statements
Income statement, balance sheet, cash flow — annual, last 5 years
16
Metric
2025-12-31
2024-12-31
2023-12-31
2022-12-31
2021-12-31
Revenue
$62M
$58M
$124M
$151M
$128M
Gross Margin %
30.6%
28.6%
23.1%
34.5%
34.5%
Operating Margin %
-19.8%
-22.9%
-23.1%
13.2%
10.2%
Net Income
$-11M
$-14M
$-26M
$18M
$11M
Diluted EPS
$-2.01
$-2.28
$-3.94
$2.69
$1.51
Metric
2025-12-31
2024-12-31
2023-12-31
2022-12-31
2021-12-31
Current Ratio
4.2
8.6
10.5
5.7
3.0
Quick Ratio
1.9
5.6
6.2
2.3
1.4
Metric
2025-12-31
2024-12-31
2023-12-31
2022-12-31
2021-12-31
Free Cash Flow
$-3M
$17M
$31M
$-6M
$-2M
Institutional owners (13F)
51 filers
· $111.5M total
· As of June 30, 2026
17
Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.
Holders51
Value held$111.5M
New positions23
Exited positions3
Institutional activity — Q2 2026 vs prior quarter
New positions
Exited positions
Increased
Decreased
Net shares change
23 (+13 vs prior Q)
3 (-5 vs prior Q)
9 (+4 vs prior Q)
12 (+5 vs prior Q)
+732K
Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.
Investors who filed SEC Schedule 13D — beneficial ownership above 5% with an intent to influence the issuer (activist stakes, board campaigns, M&A). Each row shows the most recent known state of that filer's position.
Purpose is an automated classification of the filer's own stated purpose (SEC Item 4) — not investment advice. "—" means no clear purpose was stated or the text could not be classified.
Company insiders
9 insiders
· 4 officers · 2 directors