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INVE • CIK 0001036044
| (in thousands, except per share data) | FY 2023 | FY 2024 | FY 2025 | TTM |
|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | $116,383 | $26,628 | $21,484 | $24,269 |
| Cost of Revenue | $74,219 | $26,288 | $20,177 | $20,413 |
| Gross Profit | $42,164 | $340 | $1,307 | $3,856 |
| Operating Expenses | $47,219 | $28,301 | $23,453 | $23,862 |
| Research and Development Expense | $11,590 | $3,887 | $3,278 | $3,552 |
| Operating Income (Loss) | $-5,055 | $-27,961 | $-22,146 | $-20,006 |
| Interest Income (Expense), Nonoperating, Net | $-427 | $1,352 | $5,023 | $4,533 |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | $-5,325 | $-25,821 | $-18,271 | $-15,632 |
| Income Tax Expense (Benefit) | $164 | $90 | $-268 | $-359 |
| Net Income (Loss) Attributable to Parent | $-5,489 | $74,820 | $-18,003 | $-15,273 |
| Net Income (Loss) Available to Common Stockholders, Basic | $-6,755 | $73,937 | $-18,827 | $-16,109 |
| (in thousands, except per share data) | FY 2023 | FY 2024 | FY 2025 | TTM |
|---|---|---|---|---|
| Assets | $109,723 | $163,225 | $151,337 | $140,682 |
| Liabilities | $35,451 | $9,156 | $10,636 | $7,600 |
| Assets, Current | $79,486 | $152,845 | $142,665 | $132,297 |
| Cash and Cash Equivalents, at Carrying Value | $23,312 | $135,646 | $128,609 | $119,407 |
| Accounts Receivable, after Allowance for Credit Loss, Current | $21,969 | $4,214 | $4,070 | $2,428 |
| Inventory, Net | $28,712 | $7,475 | $7,419 | $8,501 |
| Property, Plant and Equipment, Net | $9,320 | $7,694 | $7,316 | $7,364 |
| Property, Plant and Equipment, Gross | $22,976 | $20,227 | $11,140 | $11,930 |
| Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment | $13,656 | $12,533 | $3,824 | $4,566 |
| Operating Lease, Right-of-Use Asset | $5,214 | $2,000 | $841 | $696 |
| Goodwill | $10,218 | — | — | $10,192 |
| Deferred Tax Assets, Net of Valuation Allowance | $3,230 | $323 | $914 | $914 |
| Other Assets, Noncurrent | $1,234 | $686 | $515 | $325 |
| Liabilities, Current | $30,782 | $7,960 | $9,393 | $6,502 |
| Accounts Payable, Current | $12,250 | $2,746 | $3,619 | $2,502 |
| Stockholders' Equity Attributable to Parent | $74,272 | $154,069 | $140,701 | $133,082 |
| (in thousands, except per share data) | FY 2023 | FY 2024 | FY 2025 | TTM |
|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | $1,157 | $-15,433 | $-6,703 | $-7,050 |
| Net Cash Provided by (Used in) Investing Activities | $-4,152 | $141,493 | $-810 | $-1,846 |
| Net Cash Provided by (Used in) Financing Activities | $10,073 | $-13,634 | $-431 | $-518 |
| Depreciation, Depletion and Amortization | $2,732 | $2,870 | $2,026 | $2,151 |
| Proceeds from Issuance of Common Stock | $37,627 | — | — | $37,627 |
| Payments for Repurchase of Common Stock | — | $1,879 | $1,879 | $1,879 |