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 | -$0.16 | -$0.8 | -400.0% | — | $0 | — |
| Q1 26 | -$0.3 | -$0.19 | +36.7% | — | $0 | — |
| Q4 25 | -$0.28 | -$0.28 | 0.0% | — | $0 | — |
| Q3 25 | -$0.26 | -$0.28 | -7.7% | — | $0 | — |
| Q2 25 | -$0.35 | -$0.37 | -5.7% | — | $0 | — |
| Q1 25 | -$0.37 | -$0.37 | 0.0% | — | $0 | — |
| Q4 24 | -$0.36 | -$0.36 | 0.0% | — | $0 | — |
| Q3 24 | -$0.29 | -$0.36 | -24.1% | — | $0 | — |
| Q2 24 | -$0.24 | -$0.25 | -4.2% | — | $0 | — |
| Q1 24 | -$0.25 | -$0.26 | -4.0% | — | $0 | — |
| Q4 23 | -$0.32 | -$0.26 | +18.8% | — | $0 | — |
| Q3 23 | -$0.38 | -$0.34 | +10.5% | — | $0 | — |
| Q2 23 | -$0.42 | -$0.43 | -2.4% | — | $0 | — |
| Q1 23 | -$0.69 | -$0.5 | +27.5% | — | $0 | — |
| Q4 22 | -$0.83 | -$0.83 | 0.0% | — | $0 | — |
| Q3 22 | -$1.13 | -$1.35 | -19.5% | — | $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 | — | -$1.25 | — | — | $0 | — |
| FY24 | — | -$1.24 | — | — | $0 | — |
| FY23 | — | -$1.5 | — | — | $0 | — |
| FY22 | — | -$4 | — | — | $0 | — |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| YoY change | -100% | 0% | 0% | 0% | 0% | 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.
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost of revenue | — | — | — | — | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — | — | — | — | — |
| Gross margin | — | — | — | — | — | — | — | — | — | — |
| Research & development | 286K | 3.1M | 5.9M | 9.7M | 6.9M | 24M | 30.1M | 15.8M | 22.8M | 23M |
| Selling, general & administrative | 1.4M | 3.5M | 6.9M | 6.9M | 7.9M | 9.1M | 10.7M | 11.4M | 16.3M | 31.9M |
| Operating expenses | 1.7M | 6.6M | 12.8M | 16.5M | 14.8M | 33.1M | 40.8M | 27.3M | 39.1M | 54.9M |
| Operating income | -1.7M | -6.6M | -12.8M | -16.5M | -14.8M | -33.1M | -40.8M | -27.3M | -39.1M | -54.9M |
| Operating margin | — | — | — | — | — | — | — | — | — | — |
| Non-operating income, net | -24K | -7M | -45K | -37K | -49K | -75K | 40K | -537K | -934K | -444K |
| Pretax income | -1.7M | -13.6M | -12.7M | -16.4M | -14.7M | -33.2M | -42.4M | -29.8M | -39.8M | -54.6M |
| Income tax | -504K | -3.1M | 0 | 0 | — | — | — | — | — | — |
| Net income | -1.2M | -10.6M | -12.7M | -16.4M | -14.7M | -33.2M | -42.4M | -29.8M | -39.8M | -54.6M |
| Net margin | — | — | — | — | — | — | — | — | — | — |
| EBITDA | -1.5M | 838K | -12.5M | -16.3M | -14.5M | -32.9M | -40.3M | -26.2M | -36.5M | -53.2M |
| EPS | -1.5K | -441.4 | -72.2 | -39.8 | -5.42 | -4.08 | -4 | -1.5 | -1.24 | -1.25 |
| Diluted EPS | -1.5K | -441.4 | -72.2 | -39.8 | -5.42 | -4.08 | -4 | -1.5 | -1.24 | -1.25 |
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 | 3.6M | 2.1M | 2.8M | 5.1M | 7.6M | 7.3M | 7.1M | 6.7M | 5.3M | 3.9M | 3.3M | 3.8M |
| Selling, general & administrative | 3M | 2.3M | 3.2M | 3.3M | 4.9M | 4.9M | 5.8M | 5.9M | 9.4M | 10.9M | 7.2M | 14.6M |
| Operating expenses | 6.6M | 4.4M | 6M | 8.4M | 12.5M | 12.2M | 12.9M | 12.6M | 14.7M | 14.7M | 10.5M | 18.4M |
| Operating income | -6.6M | -4.4M | -6M | -8.4M | -12.5M | -12.2M | -12.9M | -12.6M | -14.7M | -14.7M | -10.5M | -18.4M |
| Operating margin | — | — | — | — | — | — | — | — | — | — | — | — |
| Non-operating income, net | -17K | -511K | -67K | -59K | -353K | -455K | -70K | -156K | -111K | -107K | 272K | -48.8M |
| Pretax income | -7.1M | -5.5M | -6.5M | -8.5M | -12.5M | -12.4M | -12.8M | -12.7M | -14.4M | -14.7M | -10.2M | -74.8M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — |
| Net income | -7.1M | -5.5M | -6.5M | -8.5M | -12.5M | -12.4M | -12.8M | -12.7M | -14.4M | -14.7M | -10.2M | -74.8M |
| Net margin | — | — | — | — | — | — | — | — | — | — | — | — |
| EBITDA | -6.3M | -4.6M | -5.6M | -7.5M | -11.7M | -11.7M | -12.5M | -12.4M | -14.1M | -14.2M | -10.1M | -25.7M |
| EPS | -0.34 | — | -0.26 | -0.25 | -0.36 | -0.36 | -0.37 | -0.37 | -0.28 | -0.28 | -0.19 | -0.8 |
| Diluted EPS | -0.34 | — | -0.26 | -0.25 | -0.36 | -0.36 | -0.37 | -0.37 | -0.28 | -0.28 | -0.19 | -0.8 |
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 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market cap | — | — | — | — | — | — | — | — | — | — | 797.5M |
| Enterprise value | — | — | — | — | — | — | — | — | — | — | 603.5M |
| Shares outstanding | 13.6K | 24K | 175.5K | 412.3K | 2.7M | 8.1M | 10.6M | 19.8M | 32.1M | 43.6M | 43.6M |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | — | — | — | — | -6.2 |
| P/B | — | — | — | — | — | — | — | — | — | — | -49.4 |
| EV/EBITDA | — | — | — | — | — | — | — | — | — | — | -10.4 |
| Earnings yield | — | — | — | — | — | — | — | — | — | — | -16.1% |
| FCF yield | — | — | — | — | — | — | — | — | — | — | 19.6% |
| PEG | — | — | — | — | — | — | — | — | — | — | -0.05 |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | — | — | — | — | — | — | 0% |
| Net margin | — | — | — | — | — | — | — | — | — | — | 0% |
| ROE | -202.3% | -134.3% | -80.3% | -90.8% | -39.5% | -118.2% | -510.1% | 2.1K% | -190.6% | -254% | -845% |
| ROA | -32.4% | -107% | -66.5% | -77.8% | -36.6% | -69.8% | -141.3% | -153.9% | -103.1% | -130.8% | -29.2% |
| ROIC | 19.6% | -252.9% | -1K% | -945.5% | — | — | — | — | — | — | — |
| Return on tangible assets | 32.7% | -383.4% | -102.3% | -110.5% | -42.7% | -78.6% | -168.9% | -200% | -115.1% | -143% | -61.1% |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current ratio | 0.01 | 2.93 | 4.75 | 6.04 | 12.6 | 9.8 | 1.27 | 0.82 | 5.46 | 4.39 | 0.95 |
| Quick ratio | 0.01 | 2.93 | 4.75 | 6.04 | 12.6 | 9.8 | 1.27 | 0.82 | 5.46 | 4.39 | 0.95 |
| Debt / equity | 1.44 | 0 | 0 | 0.02 | 0 | 0.53 | 1.95 | -11.6 | 0.48 | 0.69 | -0.01 |
| Debt / assets | 0.23 | 0 | 0 | 0.02 | 0 | 0.32 | 0.54 | 0.86 | 0.26 | 0.36 | 0.08 |
| Net debt / EBITDA | 6.28 | -6.27 | 1.16 | 1 | 2.47 | 0.85 | 0.21 | -0.05 | 0.67 | 0.4 | 2.69 |
| Interest coverage | — | — | — | — | — | — | -22.7 | -9.45 | -17.3 | -65.7 | -113.7 |
| Effective tax rate | 0% | 0% | 0% | 0% | — | — | — | — | — | — | — |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue per share | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (basic) | -1.5K | -441.4 | -72.2 | -39.8 | -5.42 | -4.08 | -4 | -1.5 | -1.24 | -1.25 | -1.25 |
| EPS (diluted) | -1.5K | -441.4 | -72.2 | -39.8 | -5.42 | -4.08 | -4 | -1.5 | -1.24 | -1.25 | -1.66 |
| Book value per share | 44.8 | 328.7 | 90 | 43.8 | 13.7 | 3.45 | 0.78 | -0.07 | 0.65 | 0.49 | -0.14 |
| FCF per share | -14.8 | -379.9 | -60.8 | -37 | -4.96 | -3.63 | -3.55 | -1.24 | -0.93 | -1.13 | -0.5 |
| Cash per share | 752.6 | 220.4 | 83.2 | 40.4 | 13.2 | 5.3 | 2.33 | 0.78 | 1.07 | 0.83 | 1.82 |
| Capex per share | 0 | 0 | 0.26 | 0.13 | 0.01 | 0 | 0 | 0 | 0 | — | — |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Capex / operating cash flow | 0% | 0% | -0.42% | -0.37% | -0.13% | 0% | 0% | -0.08% | 0% | — | — |
| Payout ratio | — | — | — | — | — | — | — | — | — | — | 0% |
| FY21 | — | -$4.08 | — | — | $0 | — |
| FY20 | — | -$5.42 | — | — | $0 | — |
| FY19 | — | -$39.8 | — | — | $0 | — |
| FY18 | — | -$72.2 | — | — | $0 | — |
| FY17 | — | -$441.4 | — | — | $0 | — |
| FY16 | — | -$1.5K | — | — | $0 | — |
| 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 |
| 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 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 10.2M | 5.3M | 14.6M | 16.7M | 35.9M | 43M | 24.7M | 15.5M | 34.3M | 36.4M |
| Receivables | 478K | 9K | 7K | 8K | — | — | — | — | — | — |
| Inventory | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 18K | 5.9M | 15.5M | 17.3M | 37M | 44.6M | 27.3M | 17M | 36.5M | 39.9M |
| Property, plant & equipment | 258K | 94K | 70K | 443K | 169K | 60K | 108K | 66K | 119K | 64K |
| Goodwill & intangibles | 7.6M | 7.1M | 6.7M | 6.2M | 5.8M | 5.3M | 4.9M | 4.5M | 4M | 3.6M |
| Total assets | 3.8M | 9.9M | 19.1M | 21.1M | 40.3M | 47.5M | 30M | 19.4M | 38.6M | 41.8M |
| Accounts payable | 95K | 213K | 144K | 859K | 332K | 841K | 1.7M | 618K | 1.9M | 867K |
| Short-term debt | 829K | 27K | 11K | 203K | 92K | 69K | 16.1M | 16.7M | 55K | 3.8M |
| Total current liabilities | 3.1M | 2M | 3.3M | 2.9M | 2.9M | 4.5M | 21.6M | 20.8M | 6.7M | 9.1M |
| Long-term debt | 49K | 0 | 12K | 159K | 77K | 14.9M | 69K | 6K | 9.9M | 11.2M |
| Total liabilities | 3.2M | 2M | 3.3M | 3M | 3M | 19.5M | 21.7M | 20.8M | 17.7M | 20.3M |
| Shareholders' equity | 610K | 7.9M | 15.8M | 18.1M | 37.3M | 28M | 8.3M | -1.4M | 20.9M | 21.5M |
| Total debt | 878K | 27K | 23K | 362K | 169K | 15M | 16.2M | 16.7M | 10M | 15M |
| Net debt | 863K | -5.3M | -9.5M | -16.3M | -35.7M | -28M | -8.5M | 1.2M | -2.8M | -6M |
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 | 19.9M | 15.5M | 66.4M | 61.3M | 42.9M | 34.3M | 23.2M | 55.4M | 48.1M | 36.4M | 29.3M | 187.3M |
| Receivables | — | — | — | — | — | — | — | — | — | — | — | — |
| Inventory | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 21.9M | 17M | 67.7M | 62.5M | 45.5M | 36.5M | 25M | 56.9M | 50.1M | 39.9M | 31.1M | 188.3M |
| Property, plant & equipment | 80K | 66K | 51K | 35K | 0 | 119K | 106K | 93K | 79K | 64K | 49K | 34K |
| Goodwill & intangibles | 4.6M | 4.5M | 4.3M | 4.2M | 4.1M | 4M | 3.9M | 3.8M | 3.7M | 3.6M | 3.5M | 3.7M |
| Total assets | 24.3M | 19.4M | 70M | 64.8M | 47.9M | 38.6M | 27.4M | 58.9M | 52M | 41.8M | 33.1M | 190.4M |
| Accounts payable | 638K | 618K | 373K | 550K | 1M | 1.9M | 1.7M | 1.2M | 1.9M | 867K | 833K | 606K |
| Short-term debt | 61K | 16.7M | 17.2M | 8.8M | 22K | 55K | 1.3M | 1.3M | 1.3M | 3.8M | 5.6M | 7.5M |
| Total current liabilities | 4.1M | 20.8M | 20.6M | 13.7M | 6.7M | 6.7M | 7.1M | 8.6M | 9.7M | 9.1M | 11.8M | 197.7M |
| Long-term debt | 16.2M | 6K | 0 | 8.8M | 9.8M | 9.9M | 8.7M | 8.7M | 8.7M | 11.2M | 9.3M | 7.5M |
| Total liabilities | 20.3M | 20.8M | 20.6M | 22.5M | 16.5M | 17.7M | 17.1M | 17.3M | 18.4M | 20.3M | 22.4M | 205.1M |
| Shareholders' equity | 4M | -1.4M | 49.5M | 42.3M | 31.4M | 20.9M | 10.3M | 41.7M | 33.6M | 21.5M | 10.7M | -14.7M |
| Total debt | 16.3M | 16.7M | 17.2M | 17.6M | 9.8M | 10M | 10M | 10M | 10M | 15M | 15M | 14.9M |
| Net debt | -3.6M | 1.2M | -49.2M | 2.9M | 301K | -2.8M | -3.1M | -41.9M | -22M | -6M | -13.1M | -33M |
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 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net income | -1.2M | -10.6M | -12.7M | -16.4M | -14.7M | -33.2M | -42.4M | -29.8M | -39.8M | -54.6M |
| Depreciation & amortization | 223K | 282K | 282K | 254K | 255K | 250K | 236K | 228K | 229K | 228K |
| Stock-based compensation | 0 | 348K | 854K | 1.2M | 1.3M | 2.2M | 3.3M | 3.4M | 5.3M | 8.8M |
| Change in working capital | -5M | 594K | 639K | 673K | -179K | 808K | 579K | -1.1M | 1.4M | -1.1M |
| Operating cash flow | -4.7M | -12.6M | -10.9M | -14.3M | -13.4M | -29.9M | -37.1M | -24.8M | -31M | -49.5M |
| Capital expenditure | 0 | 0 | -46K | -53K | -17K | 0 | 0 | -21K | 0 | — |
| Investing cash flow | 0 | 12.6M | -5.1M | 5M | -17K | 0 | 0 | -21K | -21.6M | 6.1M |
| Dividends paid | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | -30K | 0 | 0 |
| Financing cash flow | 150K | 2M | 18.4M | 13.1M | 29.4M | 36.3M | 19.2M | 15.1M | 47.7M | 50.1M |
| Net change in cash | -4.5M | 2M | 2.4M | 3.9M | 16.1M | 6.4M | -17.9M | -9.8M | -4.9M | 6.8M |
| Free cash flow | -202K | -9.1M | -10.7M | -15.3M | -13.5M | -29.4M | -37.6M | -24.5M | -29.8M | -49.5M |
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 | -7.1M | -5.5M | -6.5M | -8.5M | -12.5M | -12.4M | -12.8M | -12.7M | -14.4M | -14.7M | -10.2M | -74.8M |
| Depreciation & amortization | 58K | 57K | 57K | 57K | 57K | 58K | 62K | 55K | 54K | 57K | 57K | 58K |
| Stock-based compensation | 1.2M | -10K | 1.3M | 1.5M | 1.3M | 1.2M | 2.2M | 2.9M | 2.3M | 1.3M | -685K | 7M |
| Change in working capital | 1M | -48K | -135K | 177K | 461K | 939K | -292K | -440K | 724K | -1.1M | -34K | -227K |
| Operating cash flow | -4.1M | -4.5M | -4.8M | -6.2M | -10.4M | -9.7M | -10.7M | -9.1M | -11.3M | -18M | -6.9M | -10.8M |
| Capital expenditure | — | -6K | — | — | — | 0 | — | — | — | — | — | — |
| Investing cash flow | 0 | -6K | — | -46.6M | 13.3M | 11.7M | 11.4M | 6.7M | -12.7M | 713K | 14.3M | -137.6M |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | 0 | 30K | 56.1M | -39K | 5K | 0 | 0 | 41.2M | 3.9M | 5M | — | — |
| Net change in cash | -4.1M | -4.5M | 51.4M | -52.9M | 2.9M | 2.1M | 633K | 38.9M | -20.1M | -12.3M | 7.3M | -148.4M |
| Free cash flow | -5.2M | -4.4M | -5.3M | -4.9M | -10.4M | -9.2M | -11.1M | -9.1M | -11.3M | -18M | -6.9M | -11M |