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 | -$0.25 | -$0.21 | +16.0% | — | $0 | — |
| Q1 26 | -$0.22 | -$0.17 | +22.7% | — | $25K | — |
| Q4 25 | -$0.22 | -$0.21 | +4.5% | — | $320K | — |
| Q3 25 | -$0.23 | -$0.19 | +17.4% | — | $0 | — |
| Q2 25 | -$0.21 | -$0.15 | +28.6% | — | $0 | — |
| Q3 24 | -$8.4 | -$1.75 | +79.2% | — | $0 | — |
| Q2 24 | -$8.7 | -$3.3 | +62.1% | — | $0 | — |
| Q1 24 | -$52.8 | -$664.2 | -1158.0% | — | $0 | — |
| Q4 23 | -$0.25 | -$0.43 | -72.0% | — | $0 | — |
| Q3 23 | -$4.9K | -$1.3K | +72.6% | — | $0 | — |
| Q2 23 | -$6.7K | -$15.8K | -134.9% | — | $0 | — |
| Q1 23 | -$7.88 | -$4.43 | +43.8% | — | $0 | — |
| Q4 22 | -$352.8K | -$193.2K | +45.2% | — | $0 | — |
| Q3 22 | -$0.42 | -$0.72 | -71.4% | — | $0 | — |
| Q2 22 | -$0.42 | -$0.52 | -23.8% | — | $0 | — |
| Q1 22 | — | -$0.56 | — | — | $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 | — | -$0.78 | — | — | $320K | — |
| FY24 | — | -$15.7 | — | — | $0 | — |
| FY23 | — | -$6.2K | — | — | $0 | — |
| FY22 | — | -$31.8K | — | — | $0 | — |
| FY21 | — | -$79.1K |
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 | $120K | $0 | $0 | $0 | $0 | $0 | $320K |
| YoY change | — | -100% | 0% | 0% | 0% | 0% | +InfinityT% |
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 |
|---|
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 | 120K | 0 | 0 | 0 | 0 | 0 | 320K |
| Cost of revenue | — | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — | — |
| Gross margin | — | — | — | — | — | — | — |
| Research & development | 6.4M | 4.2M | 14.2M | 6.9M | 7.1M | 6.1M | 6.6M |
| Selling, general & administrative | 3.9M | 4.1M | 12.4M | 10M | 10M | 11.4M | 6.3M |
| Operating expenses | 10.2M | 8.3M | 26.6M | 16.9M | 17.1M | 17.5M | 12.9M |
| Operating income | -10.1M | -8.3M | -26.6M | -16.9M | -17.1M | -17.5M | -12.6M |
| Operating margin | -8.4K% | — | — | — | — | — | -3.9K% |
| Non-operating income, net | -5.6M | 2.2M | 2M | -494K | 5.8M | -7.2M | 758K |
| Pretax income | -19M | -6.4M | -26.5M | -17.6M | -11.8M | -24.9M | -11.2M |
| Income tax | -4.6M | 198K | 133K | -1.5M | 83K | -381K | 0 |
| Net income | -14.4M | -6.6M | -26.6M | -16.1M | -11.9M | -24.5M | -11.2M |
| Net margin | -12K% | — | — | — | — | — | -3.5K% |
| EBITDA | -10.1M | -8.8M | -28.3M | -16.8M | -17.7M | -17M | -11.8M |
| EPS | -42.6K | -19.6K | -79.1K | -31.8K | -6.2K | -15.7 | -0.78 |
| Diluted EPS | -42.6K | -19.6K | -79.1K | -31.8K | -6.2K | -15.7 | -0.78 |
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 | 320K | 25K | 0 |
| Cost of revenue | — | — | — | — | — | — | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — | — | — | — | — | — | — |
| Gross margin | — | — | — | — | — | — | — | — | — | — | — | — |
| Research & development | 1.9M | 2.6M | 2.2M | 1.1M | 1M | 1.8M | 1.4M | 2.3M | 1.2M | 1.7M | 1.3M | 1.3M |
| Selling, general & administrative | 2.5M | 2.3M | 2.1M | 2.3M | 1.6M | 5.5M | 1.6M | 1.8M | 1.3M | 1.6M | 1.4M | 1.3M |
| Operating expenses | 4.4M | 4.9M | 4.2M | 3.4M | 2.6M | 7.3M | 3M | 4.1M | 2.5M | 3.2M | 2.7M | 2.7M |
| Operating income | -4.4M | -4.9M | -4.2M | -3.4M | -2.6M | -7.3M | -3M | -4.1M | -2.5M | -2.9M | -2.7M | -2.7M |
| Operating margin | — | — | — | — | — | — | — | — | — | -911.9% | -10.8K% | — |
| Non-operating income, net | 1K | 3.5M | 495K | 2.1M | -9.6M | -280K | 139K | 1.6M | -418K | -551K | 4K | -232K |
| Pretax income | -4.4M | -1.6M | -3.8M | -1.6M | -12M | -7.5M | -2.7M | -2.3M | -2.8M | -3.4M | -2.8M | -3.4M |
| Income tax | 0 | 83K | -4K | 0 | -377K | 0 | 0 | 0 | 0 | 0 | — | — |
| Net income | -4.4M | -1.7M | -3.8M | -1.6M | -11.6M | -7.5M | -2.7M | -2.3M | -2.8M | -3.4M | -2.8M | -3.4M |
| Net margin | — | — | — | — | — | — | — | — | — | -1.1K% | -11K% | — |
| EBITDA | -4.4M | -5.5M | -4.2M | -3.3M | -2.3M | -7.1M | -2.8M | -3.9M | -2.3M | -2.8M | -2.5M | -2.4M |
| EPS | -1.3K | — | -339.6 | -66 | -7.71 | — | -0.25 | -0.15 | -0.19 | — | -0.17 | -0.21 |
| Diluted EPS | -1.3K | — | -339.6 | -66 | -7.71 | — | -0.25 | -0.15 | -0.19 | — | -0.17 | -0.21 |
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 | — | — | 2.9B | — | — | — | — | 15.4M |
| Enterprise value | — | — | 2.9B | — | — | — | — | 21.7M |
| Shares outstanding | 336 | 336 | 337 | 662 | 3.3K | 1.6M | 14.4M | 14.4M |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | — | 0.12 |
| P/S | — | — | — | — | — | — | — | 47.5 |
| P/B | — | — | 156.4 | — | — | — | — | 4.64 |
| EV/EBITDA | — | — | -103.2 | — | — | — | — | -2.01 |
| EV/Sales | — | — | — | — | — | — | — | 62.9 |
| Earnings yield | — | — | — | — | — | — | — | 806.2% |
| FCF yield | — | — | -0.51% | — | — | — | — | -128.4% |
| PEG | — | — | — | — | — | — | — | 0 |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Operating margin | -8.4K% | — | — | — | — | — | -3.9K% | -3.1K% |
| Net margin | -12K% | — | — | — | — | — | -3.5K% | 0% |
| ROE | -68.9% | -27.1% | -141.9% | -849.6% | 432.6% | -207.6% | -114.3% | -157.1% |
| ROA | -45.6% | -19.8% | -53.7% | -110.4% | -100.3% | -108.2% | -61.5% | -25.3% |
| ROIC | -49.7% | -31% | 75.9K% | -469.7% | 1.1K% | 275.2% | 364.4% | 364.4% |
| Return on tangible assets | 60.6% | 24% | 401.5% | 352.6% | 151% | -108.2% | -61.5% | -38.4% |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Current ratio | 0.71 | 0.31 | 1.03 | 0.44 | 0.14 | 2.06 | 2.13 | 1.11 |
| Quick ratio | 0.71 | 0.31 | 1.03 | 0.44 | 0.14 | 2.06 | 2.13 | 1.11 |
| Debt / equity | 0.05 | 0.11 | 0.06 | 1.98 | -0.47 | 0.11 | 0.14 | 6.3 |
| Debt / assets | 0.03 | 0.08 | 0.02 | 0.26 | 0.11 | 0.06 | 0.08 | 0.69 |
| Net debt / EBITDA | 0.06 | -0.27 | 0.67 | -0.1 | -0.06 | 1.07 | 1.13 | -0.53 |
| Interest coverage | -4.73 | -19.1 | -40.4 | -77.8 | -22.7 | -37.1 | -59.7 | -10.6 |
| Effective tax rate | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Revenue per share | 357.1 | 0 | 0 | 0 | 0 | 0 | 0.02 | 0.02 |
| EPS (basic) | -42.6K | -19.6K | -79.1K | -31.8K | -6.2K | -15.7 | -0.78 | -0.78 |
| EPS (diluted) | -42.6K | -19.6K | -79.1K | -31.8K | -6.2K | -15.7 | -0.78 | -0.79 |
| Book value per share | 62.2K | 72.7K | 55.7K | 2.9K | -829.4 | 7.35 | 0.68 | 0.22 |
| FCF per share | -30.1K | -21.6K | -44.2K | -25.4K | -3.8K | -11 | -1.03 | -0.87 |
| Cash per share | 4.5K | 886.9 | 59.1K | 3.1K | 50 | 12.2 | 1.02 | 1.07 |
| Capex per share | 681.5 | 8.93 | 0 | 27.2 | 0 | 0.19 | — | — |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Capex / revenue | 190.8% | — | — | — | — | — | — | — |
| Capex / operating cash flow | -1.33% | -0.07% | 0% | -0.17% | 0% | -1.06% | — | — |
| Payout ratio | — | — | — | — | — | — | — | 0% |
| — |
| — |
| $0 |
| — |
| FY20 | — | -$19.6K | — | — | $0 | — |
| FY19 | — | -$42.6K | — | — | $120K | — |
| 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 | $320K | $25K | $0 |
| YoY change | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | +InfinityT% | +InfinityT% | 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 | 1.5M | 298K | 19.9M | 2M | 166K | 19.5M | 14.7M |
| Receivables | 95K | 0 | — | — | — | 1.4M | 0 |
| Inventory | — | — | — | — | — | — | — |
| Total current assets | 3.3M | 1.7M | 21.4M | 5M | 2M | 22.3M | 17.9M |
| Property, plant & equipment | 437K | 352K | -234K | 27K | 20K | 309K | 330K |
| Goodwill & intangibles | 55.4M | 61M | 56.3M | 19.1M | 19.7M | 0 | — |
| Total assets | 31.6M | 33.4M | 49.6M | 14.5M | 11.9M | 22.6M | 18.3M |
| Accounts payable | 2.2M | 2.1M | 698K | 6.3M | 8.4M | 4.2M | 4.3M |
| Short-term debt | 622K | 1.5M | 98K | 2.7M | 1.3M | 1.4M | 1.4M |
| Total current liabilities | 4.7M | 5.5M | 20.7M | 11.2M | 14.2M | 10.8M | 8.4M |
| Long-term debt | 341K | 1.1M | 988K | 1.1M | — | — | — |
| Total liabilities | 10.7M | 9M | 30.8M | 12.7M | 14.6M | 10.8M | 8.4M |
| Shareholders' equity | 20.9M | 24.4M | 18.8M | 1.9M | -2.8M | 11.8M | 9.8M |
| Total debt | 963K | 2.7M | 1.1M | 3.7M | 1.3M | 1.4M | 1.4M |
| Net debt | -561K | 2.4M | -18.5M | 1.7M | 1.1M | -18.2M | -13.3M |
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 | 1.4M | 166K | 312K | 19.2M | 18.5M | 19.5M | 25.2M | 17.8M | 16.9M | 14.7M | 19.8M | 17M |
| Receivables | — | — | — | — | — | 1.4M | 0 | 0 | 0 | 0 | — | — |
| Inventory | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 4.4M | 2M | 2.3M | 21.3M | 20.4M | 22.3M | 29.4M | 20.9M | 20.5M | 17.9M | 34.5M | 31.7M |
| Property, plant & equipment | 29K | 20K | 18K | 17K | 12K | 309K | 308K | 322K | 330K | 330K | 420K | 386K |
| Goodwill & intangibles | 18.9M | 19.7M | 19.3M | 19.1M | 0 | 0 | — | — | — | — | — | — |
| Total assets | 13.9M | 11.9M | 12M | 30.9M | 20.4M | 22.6M | 29.7M | 21.2M | 20.8M | 18.3M | 34.9M | 32.1M |
| Accounts payable | 6.3M | 8.4M | 11.1M | 7.8M | 4.7M | 4.2M | 4.3M | 4.6M | 4.6M | 4.3M | 4.2M | 4.1M |
| Short-term debt | — | 1.3M | 2.7M | 1.3M | 1.3M | 1.4M | 1.4M | 1.4M | 1.4M | 1.4M | 21.5M | 22.3M |
| Total current liabilities | 15.7M | 14.2M | 18M | 10.6M | 7.4M | 10.8M | 11.1M | 9M | 8.8M | 8.4M | 28M | 28.6M |
| Long-term debt | 1.2M | — | — | — | — | — | — | — | — | — | — | — |
| Total liabilities | 17.3M | 14.6M | 18.4M | 11M | 7.4M | 10.8M | 11.1M | 9M | 8.8M | 8.4M | 28M | 28.6M |
| Shareholders' equity | -3.4M | -2.8M | -6.5M | 19.8M | 13M | 11.8M | 18.7M | 12.2M | 12M | 9.8M | 6.9M | 3.5M |
| Total debt | 1.2M | 1.3M | 2.7M | 1.3M | 1.3M | 1.4M | 1.4M | 1.4M | 1.4M | 1.4M | 21.5M | 22.3M |
| Net debt | -232K | 1.1M | 2.4M | -17.9M | -17.1M | -18.2M | -23.8M | -16.4M | -15.5M | -13.3M | 1.7M | 5.3M |
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 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|
| Net income | -14.4M | -6.6M | -26.6M | -16.1M | -11.9M | -24.5M | -11.2M |
| Depreciation & amortization | 51K | 46K | 106K | 60K | 37K | 9K | -13K |
| Stock-based compensation | 333K | 616K | 6.4M | 1.8M | -71K | 71K | 482K |
| Change in working capital | 515K | 351K | -1.8M | 5M | 3.5M | -3.8M | -1.4M |
| Operating cash flow | -17.2M | -4.5M | -19.9M | -10.7M | -6.8M | -28.1M | -14.8M |
| Capital expenditure | 229K | -3K | 0 | -18K | 0 | -298K | — |
| Investing cash flow | 229K | -3K | 0 | -18K | 0 | -298K | — |
| Dividends paid | — | — | — | — | — | — | — |
| Share repurchases | — | — | 0 | -1.5M | -6.7M | -3.5M | -3.2M |
| Financing cash flow | 11.2M | 6M | 31.1M | -1.3M | 8.8M | 36.8M | 10.6M |
| Net change in cash | -5.8M | 1.5M | 11.2M | -12M | 2M | 8.4M | -4.2M |
| Free cash flow | -10.1M | -7.3M | -14.9M | -16.8M | -12.7M | -17.6M | -14.8M |
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 | -4.4M | -1.7M | -3.8M | -1.6M | -11.6M | -7.5M | -2.7M | -2.3M | -2.8M | -3.4M | -2.8M | -3.4M |
| Depreciation & amortization | 9K | 9K | 2K | 1K | 5K | 1K | 11K | 12K | -44K | 8K | -26K | 34K |
| Stock-based compensation | 124K | -254K | -121K | 22K | 17K | 64K | 139K | 164K | 132K | 47K | 160K | 188K |
| Change in working capital | -1.2M | 3.6M | 2.4M | -3.7M | -3.1M | 382K | -163K | -241K | -53K | -928K | -106K | -303K |
| Operating cash flow | -4.7M | 2M | -1.5M | -5.3M | -15M | -6.6M | -2.7M | -5.5M | -3.4M | -3.2M | -4.5M | -2.6M |
| Capital expenditure | — | — | — | — | — | — | — | — | — | — | — | — |
| Investing cash flow | — | — | — | — | — | — | — | — | — | — | — | — |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | -5M | 0 | 0 | 0 | -3.5M | 0 | — | -2.6M | -141K | -484K | -262K | 0 |
| Financing cash flow | 4.7M | -1K | 1.4M | 27.6M | 4.9M | 4.2M | 11.1M | -2.6M | 2.3M | -240K | 19.7M | 0 |
| Net change in cash | -18K | 2M | -79K | 22.4M | -10.2M | -2.4M | 8.5M | -8M | -1.1M | -3.5M | 15.2M | -2.6M |
| Free cash flow | -5.4M | -1.7M | -1.5M | -7.3M | -5.4M | -3.5M | -2.7M | -5.5M | -3.4M | -3.3M | -4.6M | -2.6M |