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 | -$0.43 | -$0.53 | -23.3% | — | $0 | — |
| Q1 26 | -$0.63 | -$0.62 | +1.6% | — | $0 | — |
| Q4 25 | -$0.99 | -$0.31 | +68.7% | — | $0 | — |
| Q3 25 | -$1.48 | -$1.23 | +16.9% | — | $0 | — |
| Q2 25 | -$2.1 | -$1.89 | +10.0% | — | $0 | — |
| Q1 25 | -$2.8 | -$2.2 | +21.4% | — | $0 | — |
| Q4 24 | -$3.6 | -$3.2 | +11.1% | — | $0 | — |
| Q3 24 | -$4.6 | -$3.4 | +26.1% | — | $0 | — |
| Q2 24 | -$5.6 | -$5.2 | +7.1% | — | $0 | — |
| Q1 24 | -$4.8 | -$5.6 | -16.7% | — | $0 | — |
| Q4 23 | -$5.2 | -$7.6 | -46.2% | — | $0 | — |
| Q3 23 | -$0.27 | -$0.24 | +11.1% | — | $0 | — |
| Q2 23 | -$0.27 | -$0.28 | -3.7% | — | $0 | — |
| Q1 23 | -$5 | -$5 | 0.0% | — | $0 | — |
| Q4 22 | -$0.35 | -$0.28 | +20.0% | — | $0 | — |
| Q3 22 | -$0.28 | -$0.32 | -14.3% | — | $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 | — | -$5.32 | — | — | $0 | — |
| FY24 | — | -$17.4 | — | — | $0 | — |
| FY23 | — | -$1.15 | — | — | $0 | — |
| FY22 | — | -$1.12 | — | — | $0 | — |
| FY21 | — | -$1.49 |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| YoY change | — | 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.
| Period | Q3 23 | Q4 23 | Q1 24 | Q2 24 |
|---|
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost of revenue | — | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — | — |
| Gross margin | — | — | — | — | — | — | — |
| Research & development | 3.5M | 2.2M | 2M | 4.8M | 6M | 5.4M | 1.8M |
| Selling, general & administrative | 2.4M | 2.4M | 10.8M | 7.3M | 8.5M | 8.7M | 6.3M |
| Operating expenses | 5.9M | 4.6M | 12.8M | 12.1M | 14.6M | 14.1M | 8.1M |
| Operating income | -5.9M | -4.6M | -12.8M | -12.1M | -14.6M | -14.1M | -8.1M |
| Operating margin | — | — | — | — | — | — | — |
| Non-operating income, net | — | — | 66.5K | — | — | — | — |
| Pretax income | -5.9M | -4.6M | -12.7M | -12.1M | -14.6M | -14.1M | -8M |
| Income tax | — | — | — | — | — | — | — |
| Net income | -5.9M | -4.6M | -12.7M | -12.1M | -14.6M | -14.1M | -8M |
| Net margin | — | — | — | — | — | — | — |
| EBITDA | -5.9M | -4.6M | -12.9M | -12.1M | -14.6M | -14.1M | -8.1M |
| EPS | -1.24 | -0.48 | -1.49 | -1.12 | -1.15 | -17.4 | -5.32 |
| Diluted EPS | -1.24 | -0.48 | -1.49 | -1.12 | -1.15 | -17.4 | -5.32 |
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 | 1.3M | 1.9M | 1.6M | 1.8M | 1.2M | 825.1K | 598.8K | 524.2K | 429.7K | 281.8K | 341.5K | 1.1M |
| Selling, general & administrative | 1.8M | 3.2M | 2.8M | 2.3M | 1.6M | 2M | 1.6M | 1.7M | 1.6M | 1.3M | 1.4M | 1.2M |
| Operating expenses | 3.1M | 5.1M | 4.4M | 4.1M | 2.8M | 2.8M | 2.1M | 2.3M | 2M | 1.6M | 1.7M | 2.3M |
| Operating income | -3.1M | -5.1M | -4.4M | -4.1M | -2.8M | -2.8M | -2.1M | -2.3M | -2M | -1.6M | -1.7M | -2.3M |
| Operating margin | — | — | — | — | — | — | — | — | — | — | — | — |
| Non-operating income, net | — | — | — | — | — | — | — | — | — | — | — | — |
| Pretax income | -3.1M | -5.1M | -4.4M | -4.1M | -2.8M | -2.8M | -2.1M | -2.2M | -2M | -1.6M | -1.7M | -2.3M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — |
| Net income | -3.1M | -5.1M | -4.4M | -4.1M | -2.8M | -2.8M | -2.1M | -2.2M | -2M | -1.6M | -1.7M | -2.3M |
| Net margin | — | — | — | — | — | — | — | — | — | — | — | — |
| EBITDA | -3.1M | -5.1M | -4.4M | -4.1M | -2.8M | -2.8M | -2.1M | -2.3M | -2M | -1.6M | -1.7M | -2.3M |
| EPS | -0.24 | — | -0.28 | -0.26 | -3.4 | — | -2.2 | -1.89 | -1.23 | — | -0.62 | -0.53 |
| Diluted EPS | -0.24 | — | -0.28 | -0.26 | -3.4 | — | -2.2 | -1.89 | -1.23 | — | -0.62 | -0.53 |
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 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Market cap | — | — | — | — | — | — | — | 5.8M |
| Enterprise value | — | — | — | — | — | — | — | -3.6M |
| Shares outstanding | 7.5M | 9.5M | 8.5M | 10.8M | 12.7M | 808.2K | 1.5M | 1.5M |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | — | -0.25 |
| P/B | — | — | — | — | — | — | — | 0.77 |
| EV/EBITDA | — | — | — | — | — | — | — | 0.44 |
| Earnings yield | — | — | — | — | — | — | — | -398.5% |
| FCF yield | — | — | — | — | — | — | — | -59.3% |
| PEG | — | — | — | — | — | — | — | 0 |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | — | — | — | 0% |
| Net margin | — | — | — | — | — | — | — | 0% |
| ROE | -723.5% | -170.3% | -102.7% | -165.3% | -312.4% | -2.3K% | -151.2% | -128.1% |
| ROA | -234.3% | -142.7% | -96.2% | -129% | -189.1% | -365.6% | -103.6% | -55.9% |
| Return on tangible assets | -234.3% | -142.7% | -96.2% | -129% | -189.1% | -365.6% | -103.6% | -68.3% |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Current ratio | 1.48 | 6.82 | 15.7 | 4.55 | 2.53 | 1.19 | 3.18 | 3.88 |
| Quick ratio | 1.48 | 6.82 | 15.7 | 4.55 | 2.53 | 1.19 | 3.18 | 3.88 |
| Debt / equity | — | 0.02 | — | — | — | — | — | 0 |
| Debt / assets | — | 0.02 | — | — | — | — | — | — |
| Net debt / EBITDA | — | 0.68 | — | — | — | — | — | — |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Revenue per share | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (basic) | -1.24 | -0.48 | -1.49 | -1.12 | -1.15 | -17.4 | -5.32 | -5.32 |
| EPS (diluted) | -1.24 | -0.48 | -1.49 | -1.12 | -1.15 | -17.4 | -5.32 | -2.4 |
| Book value per share | 0.11 | 0.28 | 1.45 | 0.68 | 0.37 | 0.76 | 3.52 | 1.74 |
| FCF per share | -0.53 | -0.35 | -0.59 | -0.7 | -0.77 | -12.8 | -4.53 | -1.45 |
| Cash per share | 0.33 | 0.33 | 1.52 | 0.84 | 0.59 | 4.59 | 5.04 | 2.02 |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Payout ratio | — | — | — | — | — | — | — | 0% |
| — |
| — |
| $0 |
| — |
| FY20 | — | -$0.48 | — | — | $0 | — |
| FY19 | — | -$1.24 | — | — | $0 | — |
| 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 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 2.5M | 3.2M | 13M | 9.1M | 7.5M | 3.7M | 7.6M |
| Receivables | — | — | — | — | — | — | — |
| Inventory | — | — | — | — | — | — | — |
| Total current assets | 2.5M | 3.2M | 13.3M | 9.4M | 7.7M | 3.9M | 7.7M |
| Property, plant & equipment | — | — | — | — | — | — | — |
| Goodwill & intangibles | — | — | — | — | — | — | — |
| Total assets | 2.5M | 3.2M | 13.3M | 9.4M | 7.7M | 3.9M | 7.7M |
| Accounts payable | — | — | — | — | — | — | — |
| Short-term debt | — | 16.6K | — | — | — | — | — |
| Total current liabilities | 1.7M | 472.6K | 843.9K | 2.1M | 3M | 3.2M | 2.4M |
| Long-term debt | — | 49.9K | — | — | — | — | — |
| Total liabilities | 1.7M | 522.4K | 843.9K | 2.1M | 3M | 3.2M | 2.4M |
| Shareholders' equity | 819.9K | 2.7M | 12.4M | 7.3M | 4.7M | 615.1K | 5.3M |
| Total debt | — | 66.5K | — | — | — | — | — |
| Net debt | — | -3.1M | — | — | — | — | — |
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 | 7.1M | 7.5M | 8.9M | 6.4M | 5.8M | 3.7M | 4.6M | 6.1M | 5.9M | 7.6M | 9.3M | 10.7M |
| Receivables | — | — | — | — | — | — | — | — | — | — | — | — |
| Inventory | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 7.2M | 7.7M | 9.1M | 6.6M | 6M | 3.9M | 4.8M | 6.2M | 6.1M | 7.7M | 9.5M | 11M |
| Property, plant & equipment | — | — | — | — | — | — | — | — | — | — | — | — |
| Goodwill & intangibles | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | 7.2M | 7.7M | 9.1M | 6.6M | 6M | 3.9M | 4.8M | 6.2M | 6.1M | 7.7M | 9.5M | 11M |
| Accounts payable | — | — | — | — | — | — | — | — | — | — | — | — |
| Short-term debt | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current liabilities | 3.2M | 3M | 3.1M | 3.2M | 3.3M | 3.2M | 2.5M | 2.6M | 2.5M | 2.4M | 2.5M | 2.8M |
| Long-term debt | — | — | — | — | — | — | — | — | — | — | — | — |
| Total liabilities | 3.2M | 3M | 3.1M | 3.2M | 3.3M | 3.2M | 2.5M | 2.6M | 2.5M | 2.4M | 2.5M | 2.8M |
| Shareholders' equity | 3.9M | 4.7M | 6M | 3.4M | 2.7M | 615.1K | 2.3M | 3.6M | 3.6M | 5.3M | 7M | 8.2M |
| Total debt | — | — | — | — | — | — | — | — | — | — | — | — |
| Net debt | — | — | — | — | — | — | — | — | — | — | — | — |
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 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|
| Net income | -5.9M | -4.6M | -12.7M | -12.1M | -14.6M | -14.1M | -8M |
| Depreciation & amortization | — | — | — | — | — | — | — |
| Stock-based compensation | 900.4K | 1.3M | 6.7M | 3.3M | 3.8M | 3.4M | 1.6M |
| Change in working capital | — | — | — | 0 | -129.2K | 78K | 2.7K |
| Operating cash flow | -4.7M | -2.8M | -4.4M | -8.4M | -10.4M | -10.6M | -6.8M |
| Capital expenditure | — | — | — | — | — | — | — |
| Investing cash flow | — | — | — | — | — | — | — |
| Dividends paid | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | -1K |
| Financing cash flow | 4.5M | 4M | 14.8M | 3.7M | 5.9M | 6.4M | 6.8M |
| Net change in cash | -244.4K | 1.3M | 10.4M | -4.7M | -4.4M | -4.2M | 8.3K |
| Free cash flow | -4M | -3.4M | -5M | -7.5M | -9.8M | -10.4M | -6.8M |
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 | -3.1M | -5.1M | -4.4M | -4.1M | -2.8M | -2.8M | -2.1M | -2.2M | -2M | -1.6M | -1.7M | -2.3M |
| Depreciation & amortization | — | — | — | — | — | — | — | — | — | — | — | — |
| Stock-based compensation | 833.3K | 1.2M | 1.2M | 1.2M | 466.6K | 538.4K | 443.7K | 410.4K | 339.9K | 375.8K | 319.3K | 281.5K |
| Change in working capital | 0 | — | 129.2K | -51.1K | -46.2K | 46.2K | 51.1K | -40.2K | 0 | -8.2K | -7.9K | -39K |
| Operating cash flow | -2.3M | -3.5M | -3M | -2.9M | -2.4M | -2.2M | -1.7M | -1.7M | -1.9M | -1.2M | -1.4M | -1.7M |
| Capital expenditure | — | — | — | — | — | — | — | — | — | — | — | — |
| Investing cash flow | — | — | — | — | — | — | — | — | — | — | — | — |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | 0 | — | — |
| Financing cash flow | 0 | 2.4M | 4.3M | 320.2K | 1.6M | 194.5K | 3M | 610.3K | 1.7M | 1.5M | 3.1M | 3.1M |
| Net change in cash | -2.3M | -1.1M | 1.3M | -2.6M | -809.7K | -2M | 1.3M | -1.1M | -156.3K | 288.8K | 1.7M | 1.4M |
| Free cash flow | -2.1M | -4.2M | -3.1M | -2.9M | -2.2M | -2.3M | -2.1M | -1.7M | -1.9M | -1.2M | -1.4M | -1.7M |