Overview
- The company reported Q3 revenue of about $0.38 million, beating the roughly $0.1 million consensus and citing larger R&D services and custom hardware contracts.
- Shares jumped about 23% in premarket trading following the report, reflecting the sector’s headline-driven volatility.
- EPS reporting diverged across outlets, with some citing a 1-cent profit and others a $0.05-per-share loss in line with forecasts.
- Analysts still project a Q4 loss of $0.05 per share on roughly $0.2 million in revenue, and the stock remains down about 39% this year.
- A social-media claim that post-quarter cash exceeds $1.5 billion lacks confirmation in company filings referenced by the coverage.