Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.
Outlined bar is the consensus estimate; solid is reported.
Periods without a consensus estimate or a reported figure show a dash.
| Period | EPS estimate | EPS actual | EPS surprise % | Revenue estimate | Revenue actual | Revenue surprise % |
|---|---|---|---|---|---|---|
| Q2 26 | -$0.63 | -$0.42 | +33.3% | — | $0 | — |
| Q1 26 | $0.03 | -$0.07 | -333.3% | — | $0 | — |
| Q3 25 | -$0.53 | -$0.49 | +7.5% | — | $0 | — |
| Q2 25 | -$0.35 | -$0.56 | -60.0% | — | $0 | — |
| Q1 25 | -$0.14 | -$0.22 | -57.1% | — | $0 | — |
| Q3 24 | -$0.14 | -$0.7 | -400.0% | — | $0 | — |
Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.
Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.
Periods without a consensus estimate or a reported figure show a dash.
| Period | EPS estimate | EPS actual | EPS surprise % | Revenue estimate | Revenue actual | Revenue surprise % |
|---|---|---|---|---|---|---|
| FY25 | — | -$0.3 | — | — | $0 | — |
| FY24 | — | -$0.23 | — | — | $0 | — |
| FY23 | — | -$0.17 | — | — | $0 | — |
| FY22 | — | -$0.1 | — | — | $0 | — |
| FY21 | — | -$0.1 | — |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | $0 | $0 | $0 |
| YoY change | — | 0% | 0% | 0% | 0% | 0% |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | Q3 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 |
|---|
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost of revenue | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — |
| Gross margin | — | — | — | — | — | — |
| Research & development | 20K | 183K | 87K | 82K | 414K | 2.1M |
| Selling, general & administrative | 1M | 1.7M | 324K | 1.5M | 1.8M | 3.3M |
| Operating expenses | 1M | 1.8M | 411K | 1.6M | 2.2M | 5.4M |
| Operating income | -1M | -1.9M | -571K | -1.7M | -2.3M | -5.6M |
| Operating margin | — | — | — | — | — | — |
| Non-operating income, net | — | — | — | — | 599K | — |
| Pretax income | -1.1M | -2.1M | -1.1M | -1.8M | -2.6M | -5.4M |
| Income tax | — | — | — | — | — | — |
| Net income | -1.1M | -2.1M | -1.1M | -1.8M | -2.6M | -5.4M |
| Net margin | — | — | — | — | — | — |
| EBITDA | -1M | -1.9M | -431K | -1.6M | -2.9M | -5.3M |
| EPS | -0.09 | -0.1 | -0.1 | -0.17 | -0.23 | -0.3 |
| Diluted EPS | -0.09 | -0.1 | -0.1 | -0.17 | -0.23 | -0.3 |
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | Q3 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost of revenue | — | — | — | — | — | — | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — | — | — | — | — | — | — |
| Gross margin | — | — | — | — | — | — | — | — | — | — | — | — |
| Research & development | 33K | 7K | 165K | 63K | 14K | 172K | 493K | 496K | 608K | 538K | 684K | 619K |
| Selling, general & administrative | 214K | 1M | 82K | 119K | 329K | 1.2M | 733K | 920K | 787K | 837K | 966K | 776K |
| Operating expenses | 247K | 1M | 247K | 182K | 343K | 1.4M | 1.2M | 1.4M | 1.4M | 1.4M | 1.6M | 1.4M |
| Operating income | -287K | -1.1M | -287K | -222K | -383K | -1.4M | -1.3M | -1.5M | -1.4M | -1.4M | -1.7M | -1.4M |
| Operating margin | — | — | — | — | — | — | — | — | — | — | — | — |
| Non-operating income, net | — | — | — | — | — | — | — | — | — | — | — | — |
| Pretax income | -312K | -1.1M | -323K | -253K | -1M | -980K | -1.3M | -1.4M | -1.4M | -1.4M | -1.7M | -1.4M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — |
| Net income | -312K | -1.1M | -323K | -253K | -1M | -980K | -1.3M | -1.4M | -1.4M | -1.4M | -1.7M | -1.4M |
| Net margin | — | — | — | — | — | — | — | — | — | — | — | — |
| EBITDA | -247K | -1M | -247K | -182K | -880K | -940K | -1.2M | -1.4M | -1.4M | -1.3M | -1.6M | -1.4M |
| EPS | -0.03 | — | -0.03 | -0.02 | -0.1 | — | -0.08 | -0.08 | -0.07 | — | -0.08 | -0.06 |
| Diluted EPS | -0.03 | — | -0.03 | -0.02 | -0.1 | — | -0.08 | -0.08 | -0.07 | — | -0.08 | -0.06 |
Annual history by fiscal year; click a table row below to chart a different metric.
Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Market cap | — | — | — | — | — | — | 5.7M |
| Enterprise value | — | — | — | — | — | — | 3.2M |
| Shares outstanding | 11.2M | 10.9M | 10.8M | 11M | 11.4M | 18.4M | 18.4M |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | -5.67 |
| P/B | — | — | — | — | — | — | 1.26 |
| EV/EBITDA | — | — | — | — | — | — | -0.55 |
| Earnings yield | — | — | — | — | — | — | -17.6% |
| FCF yield | — | — | — | — | — | — | -33.2% |
| PEG | — | — | — | — | — | — | 0.23 |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | — | — | 0% |
| Net margin | — | — | — | — | — | — | 0% |
| ROE | 306.7% | 183.8% | 89.1% | 289.5% | -54.5% | -85.9% | -114% |
| ROA | -7.3K% | -276.8% | -101.4% | -187.8% | -45.1% | -83.3% | -66.9% |
| Return on tangible assets | -7.3K% | 341% | 2.2K% | -901.5% | -48.9% | -84.9% | -130.3% |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Current ratio | 0.04 | 0.04 | 0.27 | 0.06 | 4.2 | 27.1 | 12 |
| Quick ratio | 0.04 | 0.04 | 0.27 | 0.06 | 4.2 | 27.1 | 12 |
| Debt / equity | -0.15 | -0.33 | -0.49 | — | — | — | 0 |
| Debt / assets | 3.49 | 0.49 | 0.56 | — | — | — | — |
| Net debt / EBITDA | -0.03 | -0.16 | -0.34 | — | — | — | 0.45 |
| Interest coverage | -193.3 | -12.1 | -1.29 | -17.5 | -12.8 | — | — |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Revenue per share | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (basic) | -0.09 | -0.1 | -0.1 | -0.17 | -0.23 | -0.3 | -0.3 |
| EPS (diluted) | -0.09 | -0.1 | -0.1 | -0.17 | -0.23 | -0.3 | -1.96 |
| Book value per share | -0.03 | -0.11 | -0.11 | -0.06 | 0.42 | 0.34 | 1.37 |
| FCF per share | -0 | -0.04 | -0.03 | 0.01 | -0.35 | -0.19 | -0.19 |
| Cash per share | 0 | 0.01 | 0.04 | 0.01 | 0.11 | 0.24 | 0.78 |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Payout ratio | — | — | — | — | — | — | 0% |
| — |
| $0 |
| — |
| FY20 | — | -$0.09 | — | — | $0 | — |
| Q2 25 |
|---|
| Q3 25 |
|---|
| Q4 25 |
|---|
| Q1 26 |
|---|
| Q2 26 |
|---|
| Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| YoY change | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.
Click a row to chart it; unreported figures show a dash.
| Period | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|
| Cash & short-term investments | 14.3K | 73K | 437K | 93K | 1.3M | 4.5M |
| Receivables | — | — | — | — | — | — |
| Inventory | — | — | — | — | — | — |
| Total current assets | 14.3K | 73K | 437K | 101K | 4.2M | 5.4M |
| Property, plant & equipment | — | — | — | — | — | — |
| Goodwill & intangibles | 0 | 1.4M | 1.1M | 764K | 444K | 124K |
| Total assets | 14.3K | 775K | 1M | 965K | 5.8M | 6.5M |
| Accounts payable | 307.1K | 1.5M | 1.6M | 1.6M | 992K | 199K |
| Short-term debt | 50K | 380K | — | — | — | — |
| Total current liabilities | 357.1K | 1.9M | 1.6M | 1.6M | 992K | 199K |
| Long-term debt | — | — | 582K | — | — | — |
| Total liabilities | 357.1K | 1.9M | 2.2M | 1.6M | 992K | 199K |
| Shareholders' equity | -342.8K | -1.2M | -1.2M | -626K | 4.8M | 6.3M |
| Total debt | 50K | 380K | 582K | — | — | — |
| Net debt | 35.7K | 307K | 145K | — | — | — |
What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.
Click a row to chart it; unreported figures show a dash.
| Period | Q3 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 99K | 93K | 40K | 21K | 3.2M | 1.3M | 3.6M | 3M | 5.6M | 4.5M | 3.7M | 2.6M |
| Receivables | — | — | — | — | — | — | — | — | — | — | — | — |
| Inventory | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 116K | 101K | 59K | 38K | 4.7M | 4.2M | 6M | 4.8M | 6.7M | 5.4M | 4.4M | 3.2M |
| Property, plant & equipment | — | — | — | — | — | — | — | — | — | — | — | — |
| Goodwill & intangibles | 844K | 764K | 684K | 604K | 524K | 444K | 364K | 284K | 204K | 124K | 44K | 0 |
| Total assets | 948K | 965K | 972K | 1M | 5M | 5.8M | 7.9M | 6.7M | 8.1M | 6.5M | 5.7M | 4.5M |
| Accounts payable | 1.4M | 1.6M | 1.9M | 1.9M | 1.5M | 992K | 805K | 676K | — | 199K | 431K | 265K |
| Short-term debt | — | — | — | — | 142K | — | — | — | — | — | — | — |
| Total current liabilities | 1.4M | 1.6M | 1.9M | 1.9M | 1.7M | 992K | 805K | 676K | 402K | 199K | 431K | 265K |
| Long-term debt | — | — | — | — | — | — | — | — | — | — | — | — |
| Total liabilities | 1.4M | 1.6M | 1.9M | 1.9M | 1.7M | 992K | 805K | 676K | 402K | 199K | 431K | 265K |
| Shareholders' equity | -463K | -626K | -919K | -885K | 3.3M | 4.8M | 7.1M | 6M | 7.7M | 6.3M | 5.3M | 4.2M |
| Total debt | — | — | — | — | 142K | — | — | — | — | — | — | — |
| Net debt | — | — | — | — | -3.1M | — | — | — | — | — | — | — |
Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.
Click a row to chart it; unreported figures show a dash.
| Period | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|
| Net income | -1.1M | -2.1M | -1.1M | -1.8M | -2.6M | -5.4M |
| Depreciation & amortization | 0 | 98K | 160K | 160K | 160K | 160K |
| Stock-based compensation | 800K | 300K | 0 | 913K | 218K | — |
| Change in working capital | — | — | — | — | -2.4M | — |
| Operating cash flow | -251.4K | -1.6M | -482K | -683K | -4.4M | -3.4M |
| Capital expenditure | — | — | — | — | — | — |
| Investing cash flow | — | -109K | — | — | — | — |
| Dividends paid | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — |
| Financing cash flow | 37K | 560K | 717K | -425K | 5.1M | 3.6M |
| Net change in cash | -214.4K | -1.2M | 235K | -1.1M | 776K | 161K |
| Free cash flow | -38.5K | -412K | -353K | 81K | -4M | -3.4M |
Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.
Click a row to chart it; unreported figures show a dash.
| Period | Q3 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income | -312K | -1.1M | -323K | -253K | -1M | -980K | -1.3M | -1.4M | -1.4M | -1.4M | -1.7M | -1.4M |
| Depreciation & amortization | 40K | 40K | 40K | 40K | 40K | 40K | 40K | 40K | 40K | 40K | 40K | 22K |
| Stock-based compensation | — | — | — | — | — | — | — | — | — | — | — | — |
| Change in working capital | — | — | — | — | — | -843K | — | — | — | — | — | — |
| Operating cash flow | -262K | -1.1M | -263K | -194K | -350K | -2.3M | -1.1M | -805K | -838K | -1.1M | -1M | -1M |
| Capital expenditure | — | — | — | — | — | — | — | — | — | — | — | — |
| Investing cash flow | — | — | — | — | — | — | — | — | — | — | — | — |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | -224K | -72K | -89K | 47K | 5.2M | 0 | — | 223K | -223K | 0 | 220K | -37K |
| Net change in cash | -486K | -1.1M | -352K | -147K | 4.8M | -2.3M | -1.1M | -582K | -1.1M | -1.1M | -816K | -1M |
| Free cash flow | 91K | 66K | 36K | -168K | -2M | -1.8M | -714K | -805K | -838K | -1.1M | -1M | -1M |