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 % |
|---|---|---|---|---|---|---|
| Q1 25 | -$0.36 | -$0.33 | +8.3% | — | $0 | — |
| Q4 24 | -$0.47 | -$0.36 | +23.4% | — | $0 | — |
| Q3 24 | -$0.31 | -$0.28 | +9.7% | — | $0 | — |
| Q2 24 | -$0.35 | -$0.31 | +11.4% | — | $0 | — |
| Q1 24 | -$0.37 | -$0.48 | -29.7% | — | $0 | — |
| Q4 23 | -$1.13 | -$0.3 | +73.5% | — | $0 | — |
| Q3 23 | -$1.01 | -$0.72 | +28.7% | — | $0 | — |
| Q2 23 | -$0.11 | -$0.11 | 0.0% | — | $0 | — |
| Q1 23 | — | -$0.1 | — | — | $0 | — |
| Q4 22 | -$1 | -$0.31 | +69.0% | — | $0 | — |
| Q3 22 | -$0.62 | -$0.69 | -11.3% | — | $0 | — |
| Q3 21 | -$2.5 | -$1.83 | +26.8% | — | $81K | — |
| Q2 21 | -$3.17 | -$3.77 | -18.9% | — | $0 | — |
| Q1 21 | -$3.89 | -$3.17 | +18.5% | — | $0 | — |
| Q4 20 | -$5.58 | -$3.71 | +33.5% | — | $0 | — |
| Q3 20 | -$4.59 | -$8.64 | -88.2% | — | $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 % |
|---|---|---|---|---|---|---|
| FY24 | — | -$1.73 | — | — | $0 | — |
| FY23 | — | -$5.71 | — | — | $0 | — |
| FY22 | — | -$1.62 | — | — | $0 | — |
| FY21 | — | -$7.98 | — | — | $196K | — |
| FY20 |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | FY15 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $0 | $0 | — | $0 | $0 | $0 | $196K | $0 | $0 | $0 |
| YoY change | -100% | 0% | — | — | 0% | 0% | +InfinityT% | -100% | 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 | FY15 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | — | 0 | 0 | 0 | 196K | 0 | 0 | 0 |
| Cost of revenue | 130.7K | 41.8K | — | — | — | 0 | 76K | 0 | — | — |
| Gross profit | 19.8K | -22.5K | — | — | — | 0 | 120K | 0 | — | — |
| Gross margin | — | — | — | — | — | — | 61.2% | — | — | — |
| Research & development | 4.9M | 3.9M | — | 8.4M | 20.4M | 16M | 4.2M | 5.6M | 10M | 4.7M |
| Selling, general & administrative | 2M | 1.1M | — | 2.2M | 3M | 8.5M | 6.7M | 9.8M | 8.2M | 6.6M |
| Operating expenses | 6.9M | 4.9M | — | 10.6M | 23.4M | 24.4M | 10.8M | 15.3M | 18.2M | 11.3M |
| Operating income | -6.9M | -4.9M | — | -10.6M | -23.4M | -24.4M | -10.7M | -15.3M | -18.2M | -11.4M |
| Operating margin | — | — | — | — | — | — | -5.5K% | — | — | — |
| Non-operating income, net | 5.9M | 1.7M | — | -202.6K | -3.7M | -1.1M | -8.8M | 4.8M | -34M | -4.2M |
| Pretax income | -920.3K | -3.2M | — | -11.6M | -27.4M | -25.5M | -19.7M | -10.5M | -52M | -14.7M |
| Income tax | 0 | — | — | 0 | 0 | — | 0 | -648K | -9.5M | -1.8M |
| Net income | -920.3K | -3.2M | — | -11.6M | -27.4M | -25.5M | -19.7M | -9.8M | -42.4M | -12.9M |
| Net margin | — | — | — | — | — | — | -10K% | — | — | — |
| EBITDA | -11.5M | -3.7M | — | -9.7M | -21.9M | -21.8M | -987K | -20M | 15.8M | -7.1M |
| EPS | -7.67 | -20.9 | 0 | -45.7 | -35 | -14.4 | -7.98 | -1.62 | -5.71 | -1.73 |
| Diluted EPS | -7.67 | -20.9 | 0 | -45.7 | -35 | -14.4 | -7.98 | -1.62 | -5.71 | -1.73 |
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | Q3 22 | Q4 22 | Q1 23 | Q2 23 | Q3 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost of revenue | 0 | 0 | — | — | — | — | — | — | — | — | — | — |
| Gross profit | 0 | 0 | — | — | — | — | — | — | — | — | — | — |
| Gross margin | — | — | — | — | — | — | — | — | — | — | — | — |
| Research & development | 2.2M | 2.3M | 2.6M | 3.3M | 2.5M | 1.6M | 1.1M | 460K | 1.4M | 1.7M | 2.7M | 3M |
| Selling, general & administrative | 2M | 2.1M | 2.1M | 1.8M | 1.8M | 2.5M | 1.9M | 1.6M | 1.6M | 1.5M | 2.3M | 1.9M |
| Operating expenses | 4.2M | 4.4M | 4.7M | 5.1M | 4.2M | 4.2M | 3M | 2.1M | 3M | 3.2M | 5M | 4.8M |
| Operating income | -4.2M | -4.4M | -4.7M | -5.1M | -4.2M | -4.2M | -3M | -2.1M | -3M | -3.3M | -5M | -4.8M |
| Operating margin | — | — | — | — | — | — | — | — | — | — | — | — |
| Non-operating income, net | 407K | -182K | -68K | -12K | 15K | -33.9M | -1.5M | -1.8M | 128K | -1M | 1.4M | 375K |
| Pretax income | -3.8M | -4.6M | -4.8M | -5.1M | -4.2M | -38M | -4.3M | -3.7M | -2.6M | -4.1M | -3.3M | -4.3M |
| Income tax | 0 | — | -242K | -155K | -274K | -8.9M | -289K | -446K | -208K | -889K | -724K | -852K |
| Net income | -3.8M | -3.9M | -4.5M | -4.9M | -3.9M | -29.1M | -4M | -3.3M | -2.4M | -3.2M | -2.6M | -3.4M |
| Net margin | — | — | — | — | — | — | — | — | — | — | — | — |
| EBITDA | -4.6M | -4.2M | -4.5M | -5.1M | -4.2M | 29.7M | -1.5M | -251K | -3.2M | -2.2M | -6.3M | -5.2M |
| EPS | -0.54 | — | -0.61 | -0.66 | -0.52 | — | -0.54 | -0.43 | -0.32 | — | -0.24 | -0.3 |
| Diluted EPS | -0.54 | — | -0.61 | -0.66 | -0.52 | — | -0.54 | -0.43 | -0.32 | — | -0.24 | -0.3 |
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 | FY15 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market cap | — | 16M | — | 17.8M | — | — | — | — | — | 25.5M | 19.9M |
| Enterprise value | — | 10.6M | — | 14.3M | — | — | — | — | — | 2.5M | 0 |
| Shares outstanding | 221.2K | 222.1K | — | 364.3K | 1.1M | 1.8M | 2.5M | 6.1M | 7.4M | 7.4M | 7.4M |
| Metric | FY15 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | — | — | — | — | -1.23 |
| P/B | — | 1.14 | — | 4.03 | — | — | — | — | — | 0.41 | 0.43 |
| EV/EBITDA | — | -2.89 | — | -1.46 | — | — | — | — | — | -0.35 | 0 |
| Earnings yield | — | — | — | — | — | — | — | — | — | — | -81.6% |
| FCF yield | — | -22.3% | — | -39.2% | — | — | — | — | — | -48.5% | -64.5% |
| PEG | — | — | — | — | — | — | — | — | — | — | 0.04 |
| Metric | FY15 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross margin | — | — | — | — | — | — | 61.2% | — | — | — | — |
| Operating margin | — | — | — | — | — | — | -5.5K% | — | — | — | — |
| Net margin | — | — | — | — | — | — | -10K% | — | — | — | — |
| ROE | -4.98% | -23.2% | — | -261.5% | -356.4% | -196.3% | -35.4% | -9.07% | -62.4% | -20.8% | -20.8% |
| ROA | -4.45% | -22.2% | — | -93.7% | -106.7% | -111.6% | -31.5% | -7.63% | -53.6% | -17.5% | -17.5% |
| ROIC | -83.5% | — | — | -1.2K% | 252.1% | — | 215% | -23.6% | -45% | -29.3% | -39.3% |
| Return on tangible assets | -74.7% | 488.6% | — | -760.1% | -163.2% | -177.6% | -31.5% | 26.6% | 218.6% | 50.9% | 35% |
| Metric | FY15 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current ratio | 12.1 | 9.93 | — | 1.42 | 2.05 | 2.5 | 39.5 | 13.9 | 8.59 | 14.3 | 6.01 |
| Quick ratio | 12.1 | 9.93 | — | 1.42 | 2.05 | 2.5 | 39.5 | 13.9 | 8.59 | 14.3 | 6.01 |
| Debt / equity | — | — | — | 0.2 | 0.12 | 0.01 | 0 | 0 | 0.01 | 0 | 0 |
| Debt / assets | — | — | — | 0.07 | 0.04 | 0.01 | 0 | 0 | 0.01 | 0 | 0 |
| Net debt / EBITDA | — | — | — | 0.37 | 0.78 | 0.65 | 61.4 | 2.17 | -1.73 | 3.24 | 3.24 |
| Interest coverage | -3.1K | — | — | -57.8 | -140.6 | -102.3 | — | — | — | — | — |
| Effective tax rate | 0% | — | — | 0% | 0% | — | 0% | 0% | 0% | 0% | 0% |
| Metric | FY15 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue per share | 0 | 0 | — | 0 | 0 | 0 | 0.08 | 0 | 0 | 0 | 0 |
| EPS (basic) | -7.67 | -20.9 | 0 | -45.7 | -35 | -14.4 | -7.98 | -1.62 | -5.71 | -1.73 | -1.73 |
| EPS (diluted) | -7.67 | -20.9 | 0 | -45.7 | -35 | -14.4 | -7.98 | -1.62 | -5.71 | -1.73 | -1.73 |
| Book value per share | 83.5 | 62.9 | — | 12.2 | 6.79 | 7.37 | 22.5 | 17.6 | 9.14 | 8.3 | 4.88 |
| FCF per share | -18.3 | -16 | — | -19.2 | -15.6 | -13.2 | -5.82 | -2.81 | -2.14 | -1.66 | -1.03 |
| Cash per share | 46.2 | 24.2 | — | 12.2 | 15.8 | 8.08 | 24.6 | 7.11 | 3.75 | 3.09 | 1.32 |
| Capex per share | 0.09 | 0.64 | — | 0.67 | 0.33 | 0.18 | 0.03 | 0 | 0 | 0.01 | 0.01 |
| Metric | FY15 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Capex / revenue | — | — | — | — | — | — | 35.2% | — | — | — | — |
| Capex / operating cash flow | -0.48% | -4.37% | — | -2.63% | -1.45% | -1.54% | -0.4% | 0% | -0.03% | -0.65% | -0.65% |
| Payout ratio | 0% | 0% | — | 0% | 0% | — | — | — | — | — | — |
| Dividend yield | — | 0% | — | 0% | — | — | — | — | — | — | — |
| — |
| -$14.4 |
| — |
| — |
| $0 |
| — |
| FY19 | — | -$35 | — | — | $0 | — |
| FY18 | — | -$45.7 | — | — | $0 | — |
| FY17 | — | $0 | — | — | — | — |
| FY16 | — | -$20.9 | — | — | $0 | — |
| FY15 | — | -$7.67 | — | — | $0 | — |
| Period | Q3 22 | Q4 22 | Q1 23 | Q2 23 | Q3 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| YoY change | -100% | -100% | 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 | FY14 | FY15 | FY16 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 14.8M | 10.2M | 5.4M | 4.4M | 17.9M | 14.2M | 60.7M | 43.7M | 27.9M | 23M |
| Receivables | 247.1K | 139.2K | 0 | — | — | — | — | — | — | — |
| Inventory | 163.5K | 48.6K | 0 | — | — | — | — | — | — | — |
| Total current assets | 16.1M | 10.9M | 5.8M | 5.1M | 19.5M | 18.5M | 62.4M | 45.3M | 29.3M | 24M |
| Property, plant & equipment | 31.2K | 53.4K | 222.8K | 2.3M | 2.4M | 2.1M | 86K | 565K | 567K | 24K |
| Goodwill & intangibles | 24.7M | 19.5M | 15.3M | 10.8M | 8.9M | 8.5M | 0 | 165.5M | 98.5M | 98.5M |
| Total assets | 28.5M | 20.7M | 14.6M | 12.4M | 25.7M | 22.9M | 62.5M | 128.6M | 79.1M | 73.3M |
| Accounts payable | 199.9K | 137.1K | 192.5K | 1.8M | 2.1M | 1.7M | 115K | 1.7M | 1.2M | 1M |
| Short-term debt | — | — | — | — | 946.9K | 76K | 86K | 104K | 75K | — |
| Total current liabilities | 732.1K | 902.2K | 585.8K | 3.6M | 9.5M | 7.4M | 1.6M | 3.3M | 3.4M | 1.7M |
| Long-term debt | — | — | — | 868.5K | 0 | 71K | 0 | 191K | 410K | 0 |
| Total liabilities | 7.7M | 2.2M | 665.9K | 7.9M | 18M | 9.9M | 6.8M | 20.4M | 11.2M | 11.6M |
| Shareholders' equity | 20.8M | 18.5M | 14M | 4.4M | 7.7M | 13M | 55.7M | 108.3M | 68M | 61.7M |
| Total debt | — | — | — | 868.5K | 946.9K | 147K | 86K | 295K | 485K | 0 |
| Net debt | — | — | — | -3.6M | -10.8M | -14.1M | -50.9M | -30M | -27.4M | -23M |
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 22 | Q4 22 | Q1 23 | Q2 23 | Q3 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 46.3M | 43.7M | 38.4M | 34.9M | 31.3M | 27.9M | 21.6M | 27M | 25.1M | 23M | 19.4M | 15.2M |
| Receivables | 238K | — | 964K | 859K | 778K | — | — | — | — | — | — | — |
| Inventory | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 49M | 45.3M | 41.2M | 37.5M | 33.4M | 29.3M | 23.6M | 28.9M | 26.9M | 24M | 20.4M | 16.1M |
| Property, plant & equipment | 22K | 565K | 999K | 632K | 599K | 567K | 155K | 57K | 35K | 24K | 23K | 21K |
| Goodwill & intangibles | 130.4M | 165.5M | 165.5M | 165.5M | 165.5M | 98.5M | 98.5M | 98.5M | 98.5M | 98.5M | 98.5M | 98.5M |
| Total assets | 114.2M | 128.6M | 124.9M | 120.9M | 116.8M | 79.1M | 73M | 78.2M | 76.2M | 73.3M | 69.7M | 65.3M |
| Accounts payable | 2.8M | 1.7M | 3.1M | 3.7M | 3.4M | 1.2M | 607K | 685K | 913K | 1M | 1.5M | 1.7M |
| Short-term debt | 22K | 104K | 645K | 70K | 73K | 75K | 80K | 46K | 24K | — | — | — |
| Total current liabilities | 2.9M | 3.3M | 3.7M | 3.8M | 3.4M | 3.4M | 2M | 1.4M | 1.8M | 1.7M | 2.6M | 2.7M |
| Long-term debt | — | 191K | 174K | 450K | 430K | 410K | 0 | 0 | 0 | 0 | — | — |
| Total liabilities | 3.2M | 20.4M | 20.5M | 20.7M | 20.1M | 11.2M | 9M | 11.5M | 11.5M | 11.6M | 10.4M | 9.2M |
| Shareholders' equity | 111.1M | 108.3M | 104.4M | 100.2M | 96.7M | 68M | 64M | 66.7M | 64.7M | 61.7M | 59.4M | 56.1M |
| Total debt | 22K | 295K | 819K | 520K | 503K | 485K | 80K | 46K | 24K | 0 | — | — |
| Net debt | -33M | -30M | -37.6M | -34.4M | -25.7M | -27.4M | -21.6M | -26.9M | -18.5M | -23M | — | — |
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 | FY14 | FY15 | FY16 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net income | -7.3M | -920.3K | -3.2M | -11.6M | -27.4M | -25.5M | -19.7M | -9.8M | -42.4M | -12.9M |
| Depreciation & amortization | 1.1M | 1.3M | 1.2M | 1.4M | 1.6M | 2.3M | 924K | 0 | 124K | 11K |
| Stock-based compensation | 2.2M | 863.6K | 158.6K | 500.5K | 540.6K | 2M | 1.2M | 1.3M | 1.8M | 913K |
| Change in working capital | 69K | 643.2K | 305K | -653K | -505.1K | 363K | 83K | -18K | -302K | 57K |
| Operating cash flow | -3.4M | -4.1M | -3.2M | -9.3M | -25.6M | -20.7M | -17.2M | -9.1M | -50.3M | -13.7M |
| Capital expenditure | -15.6K | -19.5K | -141.7K | -245.1K | -371.5K | -319K | -69K | 0 | -17K | 89K |
| Investing cash flow | -12.1M | 4.2M | 4.2M | -259.1K | -6.6M | 8.1M | -9.9M | -3.5M | 13.2M | 104K |
| Dividends paid | 0 | 0 | 0 | 0 | 0 | — | — | — | — | — |
| Share repurchases | — | — | — | -21.5K | — | — | — | — | — | — |
| Financing cash flow | 15M | 0 | -512 | 5.9M | 31.2M | 5.4M | 59.2M | 0 | 304K | 7.3M |
| Net change in cash | -564.5K | 159.4K | 971.4K | -3.7M | -955.8K | -7.2M | 32.1M | -12.7M | -36.9M | -6.3M |
| Free cash flow | -4.3M | -4.1M | -3.6M | -7M | -17.6M | -23.3M | -14.4M | -17.2M | -15.9M | -12.4M |
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 22 | Q4 22 | Q1 23 | Q2 23 | Q3 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income | -3.8M | -3.9M | -4.5M | -4.9M | -3.9M | -29.1M | -4M | -3.3M | -2.4M | -3.2M | -2.6M | -3.4M |
| Depreciation & amortization | 0 | 0 | 167K | -61K | 10K | 8K | 7K | 2K | 1K | 1K | 1K | 2K |
| Stock-based compensation | 454K | 616K | 464K | 582K | 443K | 322K | 78K | 280K | 326K | 229K | 238K | 202K |
| Change in working capital | 579K | -310K | -434K | 75K | 91K | -34K | -61K | -10K | -122K | 237K | 326K | -19K |
| Operating cash flow | -2.7M | -3.6M | -4.6M | -4.5M | -3.6M | -37.7M | -4.3M | -3.4M | -2.4M | -3.6M | -2.8M | -4.1M |
| Capital expenditure | 0 | 0 | -7K | -2K | 0 | -8K | 0 | 110K | 0 | -21K | — | — |
| Investing cash flow | 557K | 11K | 13.3M | -96K | -5M | 5M | 0 | 110K | -6.6M | 6.5M | -15K | 0 |
| Dividends paid | 0 | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | 0 | 0 | 195K | 109K | 0 | 0 | 0 | 7.3M | 0 | 0 | — | — |
| Net change in cash | -2.2M | -3.6M | 8.9M | -4.5M | -8.6M | -32.7M | -4.3M | 4M | -8.9M | 3M | -2.8M | -4.1M |
| Free cash flow | -4.6M | -3.1M | -5.4M | -3.4M | -3.7M | -3.3M | -6.2M | -2.1M | -1.9M | -2.1M | -3.6M | -4.2M |