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 | -$0.07 | -$0.03 | +57.1% | — | $0 | — |
| Q4 25 | -$0.07 | -$0.38 | -442.9% | — | $0 | — |
| Q3 25 | -$0.08 | -$0.1 | -25.0% | — | $0 | — |
| Q2 25 | -$0.08 | -$0.08 | 0.0% | — | $0 | — |
| Q1 25 | -$0.06 | -$0.06 | 0.0% | — | $0 | — |
| Q4 24 | -$0.1 | -$0.11 | -10.0% | — | $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 | — | -$0.15 | — | — | $0 | — |
| FY24 | — | $4.15 | — | — | $0 | — |
| FY23 | — | -$0.21 | — | — | — | — |
| FY22 | — | -$0.07 | — | — | $0 | — |
| FY21 | — | -$0.06 | — | — | $0 |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | $0 | $0 | — | $0 | $0 |
| YoY change | — | 0% | — | — | 0% |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | Q2 23 | Q3 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 |
|---|
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | 0 | 0 | — | 0 | 0 |
| Cost of revenue | — | — | — | — | — |
| Gross profit | — | — | — | — | — |
| Gross margin | — | — | — | — | — |
| Research & development | 1.2M | 1.7M | — | 2M | 1M |
| Selling, general & administrative | 1.1M | 1M | — | 9.2M | 12.6M |
| Operating expenses | 2.3M | 2.8M | — | 11.2M | 13.6M |
| Operating income | -2.3M | -2.8M | — | -11.2M | -13.6M |
| Operating margin | — | — | — | — | — |
| Non-operating income, net | -54.9K | — | — | 307.2M | -14.7M |
| Pretax income | -2.3M | -2.8M | — | 297M | -27.3M |
| Income tax | 0 | 0 | — | 81.3M | -18.3M |
| Net income | -2.3M | -2.8M | — | 215.7M | -9M |
| Net margin | — | — | — | — | — |
| EBITDA | -2.2M | -2.8M | — | 12.1M | -31.9M |
| EPS | -0.06 | -0.07 | -0.21 | 4.15 | -0.15 |
| Diluted EPS | -0.06 | -0.07 | -0.21 | 4.03 | -0.15 |
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | Q2 23 | Q3 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 | 1.1M | 814.7K | 846.2K | 1.1M | -87.1K | 210.6K | 387.9K | 401.6K | -8.5K | 227.5K | 215.5K | 172.8K |
| Selling, general & administrative | 1.9M | 3.7M | 851K | 3.3M | 2.5M | 2.6M | 2.8M | 3.8M | 3M | 3M | 3.4M | 3.9M |
| Operating expenses | 3M | 4.6M | 1.7M | 4.3M | 2.4M | 2.8M | 3.2M | 4.2M | 3M | 3.2M | 3.6M | 4.1M |
| Operating income | -3M | -4.6M | -1.7M | -4.3M | -2.4M | -2.8M | -3.2M | -4.2M | -3M | -3.2M | -3.6M | -4.1M |
| Operating margin | — | — | — | — | — | — | — | — | — | — | — | — |
| Non-operating income, net | — | — | 269M | 16.3M | 35.8M | -13.8M | 16.2M | 4.8M | -3.7M | -32.1M | -61.2M | -7.6M |
| Pretax income | -3M | -4.5M | 267.3M | 12.2M | 33.7M | -16.3M | 13.2M | 954.3K | -6.4M | -35.1M | -64.6M | -11.5M |
| Income tax | 0 | 0 | 85.7M | -1.2M | -1.3M | -2M | -1.6M | -1.6M | -2.4M | -12.7M | -14.7M | -2.9M |
| Net income | -3M | -4.5M | 181.6M | 13.4M | 35M | -14.3M | 14.9M | 2.5M | -4M | -22.4M | -49.8M | -8.5M |
| Net margin | — | — | — | — | — | — | — | — | — | — | — | — |
| EBITDA | -3M | -4.5M | 62.9M | -21.2M | -34.1M | 5.2M | -16M | -10.4M | -1.3M | -4.2M | -5M | -1.7M |
| EPS | -0.08 | -0.12 | 4.33 | 0.25 | 0.63 | — | 0.27 | 0.04 | -0.07 | — | -0.74 | -0.12 |
| Diluted EPS | -0.08 | -0.12 | 4.18 | 0.24 | 0.61 | — | 0.26 | 0.04 | -0.07 | — | -0.74 | -0.12 |
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 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|
| Market cap | — | 376.5M | — | 382M | — | 296.3M |
| Enterprise value | — | 371.4M | — | 354.2M | — | 258.7M |
| Shares outstanding | 37.4M | 37.4M | 53.1M | 48M | 59.1M | 59.1M |
| Metric | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|
| P/E | — | — | — | 1.77 | — | 43.6 |
| P/B | — | 73 | — | 1.52 | — | 1.19 |
| EV/EBITDA | — | -134.2 | — | 29.3 | — | -18.6 |
| Earnings yield | — | — | — | 56.5% | — | 2.29% |
| FCF yield | — | -0.76% | — | -6.36% | — | -1.35% |
| PEG | — | — | — | — | — | -0.11 |
| Metric | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | — | 0% |
| Net margin | — | — | — | — | — | 0% |
| ROE | -77.5% | -54.1% | — | 85.6% | -3.37% | -31.6% |
| ROA | -71.9% | -51.8% | — | 58.3% | -2.65% | -2.55% |
| ROIC | 2.1K% | -13.7K% | — | -3.63% | -5.52% | -6.73% |
| Return on tangible assets | -71.9% | -51.8% | — | 58.3% | -2.65% | -27.6% |
| Metric | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|
| Current ratio | 13.7 | 28.8 | — | 7.83 | 10.5 | 19.7 |
| Quick ratio | 13.7 | 28.8 | — | 7.83 | 10.5 | 19.7 |
| Debt / equity | 0 | 0.01 | — | 0 | 0 | 0 |
| Debt / assets | 0 | 0.01 | — | 0 | 0 | 0 |
| Net debt / EBITDA | 1.4 | 1.86 | — | -2.3 | 0.68 | 3.4 |
| Effective tax rate | 0% | 0% | — | 27.4% | 0% | 0% |
| Metric | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|
| Revenue per share | 0 | 0 | — | 0 | 0 | 0 |
| EPS (basic) | -0.06 | -0.07 | -0.21 | 4.15 | -0.15 | -0.15 |
| EPS (diluted) | -0.06 | -0.07 | -0.21 | 4.03 | -0.15 | -1.3 |
| Book value per share | 0.08 | 0.14 | — | 5.26 | 4.53 | 3.43 |
| FCF per share | -0.05 | -0.08 | — | -0.51 | -0.1 | -0.1 |
| Cash per share | 0.08 | 0.14 | — | 0.58 | 0.37 | 0.56 |
| Capex per share | 0 | 0 | — | 0 | — | — |
| Metric | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|
| Capex / operating cash flow | -0.6% | 0% | — | 0.01% | — | — |
| Payout ratio | — | — | — | — | — | 0% |
| — |
| 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% |
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 | FY21 | FY22 | FY24 | FY25 |
|---|---|---|---|---|
| Cash & short-term investments | 3.1M | 5.2M | 28M | 21.8M |
| Receivables | — | — | — | — |
| Inventory | — | — | — | — |
| Total current assets | 3.2M | 5.3M | 31.5M | 23.8M |
| Property, plant & equipment | 12.5K | 78.9K | 163.4K | 139.6K |
| Goodwill & intangibles | — | — | — | — |
| Total assets | 3.2M | 5.4M | 369.9M | 340.6M |
| Accounts payable | 166.1K | 74K | 79.2K | 163.1K |
| Short-term debt | — | 21.2K | 30.2K | 34.4K |
| Total current liabilities | 232.9K | 184.9K | 4M | 2.3M |
| Long-term debt | 0 | 49.5K | 124K | 89.6K |
| Total liabilities | 232.9K | 234.4K | 117.7M | 72.7M |
| Shareholders' equity | 3M | 5.2M | 252.1M | 267.9M |
| Total debt | 0 | 70.8K | 154.2K | 124K |
| Net debt | -3.1M | -5.1M | -27.9M | -21.7M |
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 | Q4 22 | Q3 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 | 5.2M | 1.3M | 37.4M | 34.6M | 30.7M | 28M | 23M | 30.5M | 26M | 21.8M | 31.1M | 41.4M |
| Receivables | — | — | — | — | — | — | — | — | — | — | — | — |
| Inventory | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 5.3M | 1.5M | 37.9M | 36M | 33.6M | 31.5M | 24.4M | 32M | 27.9M | 23.8M | 32.8M | 43.2M |
| Property, plant & equipment | 78.9K | 158.8K | 174.3K | 170.6K | 170.2K | 163.4K | 153.9K | 155.1K | 150.8K | 139.6K | 145.5K | 132.8K |
| Goodwill & intangibles | — | — | 1.2B | — | — | — | — | — | — | — | — | — |
| Total assets | 5.4M | 1.7M | 650.6M | 379M | 374.4M | 369.9M | 365.6M | 376.1M | 372.7M | 340.6M | 296.5M | 306.8M |
| Accounts payable | 74K | 1.5M | 431.8K | 768.4K | 567.9K | 79.2K | 326.5K | 296.6K | 143.1K | 163.1K | 83.6K | 316.6K |
| Short-term debt | 21.2K | 22K | 23K | 25.4K | 27.8K | 30.2K | 32.1K | 32.9K | 33.7K | 34.4K | 35.2K | 36K |
| Total current liabilities | 184.9K | 4.6M | 11.8M | 3.5M | 4.5M | 4M | 1.7M | 2.5M | 2M | 2.3M | 1.4M | 2.2M |
| Long-term debt | 49.5K | 33K | 147.9K | 140K | 132K | 124K | 115.7K | 107.1K | 98.4K | 89.6K | 80.5K | 71.1K |
| Total liabilities | 234.4K | 4.6M | 87.8M | 149M | 108.7M | 117.7M | 95.4M | 87.5M | 86.4M | 72.7M | 55.2M | 58.2M |
| Shareholders' equity | 5.2M | -2.9M | 562.8M | 230.1M | 265.7M | 252.1M | 270.2M | 288.6M | 286.4M | 267.9M | 241.3M | 248.6M |
| Total debt | 70.8K | 54.9K | 170.8K | 165.4K | 159.8K | 154.2K | 147.9K | 140K | 132K | 124K | 115.7K | 107.1K |
| Net debt | -5.1M | -1.3M | -37.3M | -34.5M | -30.5M | -27.9M | -22.9M | -30.4M | -25.9M | -21.7M | -31M | -41.3M |
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 | FY21 | FY22 | FY24 | FY25 |
|---|---|---|---|---|
| Net income | -2.3M | -2.8M | 215.7M | -9M |
| Depreciation & amortization | 509 | 24.3K | 35.8K | 41.7K |
| Stock-based compensation | — | — | 1.3M | 4.9M |
| Change in working capital | 155.2K | -112K | -5.3M | 2.1M |
| Operating cash flow | -2.2M | -2.9M | 313M | -5.6M |
| Capital expenditure | -13K | 0 | -19.1K | — |
| Investing cash flow | -13K | 0 | -10M | -17.8M |
| Dividends paid | — | — | — | — |
| Share repurchases | — | — | — | — |
| Financing cash flow | 4.5M | 5M | 61.8M | 14.1M |
| Net change in cash | 2.4M | 2.1M | 364.8M | -9.2M |
| Free cash flow | -1.9M | -2.8M | -24.3M | -5.7M |
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 | Q2 23 | Q3 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income | -3M | -4.5M | 181.6M | 13.4M | 35M | -14.3M | 14.9M | 2.5M | -4M | -22.4M | -49.8M | -8.5M |
| Depreciation & amortization | 6.4K | 6.4K | 53.2K | 8.9K | -36.1K | 9.8K | 9.4K | 10.2K | 10.9K | 11.2K | 12.1K | 12.7K |
| Stock-based compensation | — | 0 | — | 150.5K | 588K | 585.5K | 984.4K | 1.4M | 1.2M | 1.3M | 1.3M | 1.5M |
| Change in working capital | 76.3K | 1.3M | -2.7M | -487.7K | -736.3K | -1.2M | 2.6M | 55.8K | -535.8K | -72.4K | 647.9K | 378.5K |
| Operating cash flow | -3M | -3.2M | 328.2M | -5M | -4.5M | -5.5M | -1.5M | -2.2M | -1.9M | -1.6M | -2.3M | -1.4M |
| Capital expenditure | — | -2.9K | -1.4K | -5.1K | -9.5K | -3K | — | — | — | — | — | — |
| Investing cash flow | 0 | -2.9K | -10M | -5.1K | -9.5K | -3K | -5.1M | -5M | -2.8M | -5M | -10M | -2.5M |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | 0 | 0 | 42.4M | 18.4M | 0 | 0 | 0 | 14.6M | -312.4K | -1.5K | 21.5M | 14.2M |
| Net change in cash | -3M | -3.2M | 360.5M | 13.3M | -4.5M | -5.5M | -6.7M | 7.3M | -4.9M | -6.6M | 9.2M | 10.3M |
| Free cash flow | -1.1M | -2.2M | -6.4M | -11.2M | -4M | -2.7M | 72.2K | -2.2M | -1.9M | -1.6M | -2.4M | -1.4M |