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 23 | -$0.48 | -$0.72 | -50.0% | — | $237.1K | — |
| Q1 23 | — | -$0.72 | — | — | $280.3K | — |
| Q4 22 | — | -$0.84 | — | — | $157.6K | — |
| Q3 22 | — | -$1.08 | — | — | $209.5K | — |
| Q2 22 | — | -$1.32 | — | — | $189.2K | — |
| Q1 22 | — | -$1.32 | — | — | $140.7K | — |
| Q4 21 | — | -$0.96 | — | — | $256.3K | — |
| Q3 21 | -$0.96 | -$1.32 | -37.5% | — | $201.4K | — |
| Q2 21 | -$0.96 | -$1.32 | -37.5% | — | $106.8K | — |
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 | — | -$1.03 | — | — | $110.5K | — |
| FY24 | — | -$1.73 | — | — | $166.9K | — |
| FY23 | — | -$1.68 | — | — | $845K | — |
| FY22 | — | -$4.67 | — | — | $697K | — |
| FY21 | — | -$7.08 | — | — |
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 | $14.9K | $59.7K | $674.6K | $697K | $845K | $166.9K | $110.5K |
| YoY change | — | +300.5% | +1K% | +3.32% | +21.2% | -80.3% | -33.8% |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | 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 | 14.9K | 59.7K | 674.6K | 697K | 845K | 166.9K | 110.5K |
| Cost of revenue | — | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — | — |
| Gross margin | — | — | — | — | — | — | — |
| Research & development | 904.8K | 1.3M | 2.3M | 3.1M | 1.5M | 1.1M | 691.2K |
| Selling, general & administrative | 3.1M | 2.8M | 6.4M | 6.7M | 3.5M | 3.7M | 3M |
| Operating expenses | 4M | 4.1M | 8.6M | 9.8M | 5.1M | 4.7M | 3.7M |
| Operating income | -4M | -4.1M | -8M | -9.1M | -4.2M | -4.6M | -3.6M |
| Operating margin | -26.6K% | -6.8K% | -1.2K% | -1.3K% | -499.9% | -2.7K% | -3.3K% |
| Non-operating income, net | — | — | — | -12.6K | -1.6K | — | -90.9K |
| Pretax income | -3.9M | -4.2M | -11.6M | -9.1M | -4.2M | -4.4M | -3.6M |
| Income tax | — | — | — | — | — | — | — |
| Net income | -3.9M | -4.2M | -11.6M | -9.1M | -4.2M | -4.4M | -3.6M |
| Net margin | -26.4K% | -7K% | -1.7K% | -1.3K% | -491.5% | -2.6K% | -3.3K% |
| EBITDA | -3.8M | -3.5M | -7.2M | -8.2M | -3.5M | -3.9M | -3.1M |
| EPS | -3.61 | -2.45 | -7.08 | -4.67 | -1.68 | -1.73 | -1.03 |
| Diluted EPS | -3.61 | -2.45 | -7.08 | -4.67 | -1.68 | -1.73 | -1.03 |
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 | Q3 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 123K | 63.3K | 41.4K | 34.3K | 27.8K | 11.3K | 12.8K | 30.7K | 55.8K | 94.3K | 108K | 83.3K |
| Cost of revenue | — | — | — | — | — | — | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — | — | — | — | — | — | — |
| Gross margin | — | — | — | — | — | — | — | — | — | — | — | — |
| Research & development | 332.3K | 333.4K | 331.2K | 223.8K | 185.8K | 139.7K | 211.9K | 172.1K | 167.5K | 102.9K | 164.9K | 134.2K |
| Selling, general & administrative | 775.5K | 679.9K | 666.3K | 1.3M | 1.1M | 798.9K | 931.8K | 546.3K | 745.9K | 653.5K | 688.5K | 633.2K |
| Operating expenses | 1.1M | 1M | 997.5K | 1.5M | 1.2M | 938.6K | 1.1M | 718.4K | 913.4K | 756.4K | 853.3K | 767.4K |
| Operating income | -984.8K | -950K | -956.1K | -1.5M | -1.2M | -927.3K | -1.1M | -687.7K | -857.7K | -662.1K | -745.3K | -684.1K |
| Operating margin | -800.6% | -1.5K% | -2.3K% | -4.3K% | -4.3K% | -8.2K% | -8.9K% | -2.2K% | -1.5K% | -702.2% | -689.7% | -820.9% |
| Non-operating income, net | -272 | — | — | — | — | — | — | — | — | — | — | — |
| Pretax income | -948.5K | -890.7K | -905.6K | -1.4M | -1.2M | -908K | -1.1M | -663.4K | -924K | -642.3K | -732.5K | -678.1K |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — |
| Net income | -948.5K | -890.7K | -905.6K | -1.4M | -1.2M | -908K | -1.1M | -663.4K | -924K | -642.3K | -732.5K | -678.1K |
| Net margin | -771.1% | -1.4K% | -2.2K% | -4.2K% | -4.2K% | -8.1K% | -8.8K% | -2.2K% | -1.7K% | -681.1% | -678% | -813.7% |
| EBITDA | -827.9K | -797.6K | -816.4K | -1.3M | -913.8K | -809.1K | -1M | -587.2K | -755.6K | -601.7K | -677.5K | -612.7K |
| EPS | — | -0.35 | -0.36 | -0.56 | — | -0.34 | -0.4 | -0.16 | — | -0.14 | -0.16 | -0.15 |
| Diluted EPS | — | -0.35 | -0.36 | -0.56 | — | -0.34 | -0.4 | -0.16 | — | -0.14 | -0.16 | -0.15 |
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 | — | — | 53.6M | — | — | 7.6M | — | 6.6M |
| Enterprise value | — | — | 42.9M | — | — | 5.6M | — | 4.5M |
| Shares outstanding | 1.1M | 1.7M | 1.6M | 1.9M | 2.5M | 2.5M | 3.5M | 3.5M |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | — | -0.98 |
| P/S | — | — | 79.5 | — | — | 45.7 | — | 18.5 |
| P/B | — | — | 4.57 | — | — | 3.03 | — | 2.54 |
| EV/EBITDA | — | — | -5.94 | — | — | -1.44 | — | -1.45 |
| EV/Sales | — | — | 63.6 | — | — | 33.3 | — | 12.4 |
| Earnings yield | — | — | — | — | — | — | — | -102% |
| FCF yield | — | — | -11.5% | — | — | -41.8% | — | -18.8% |
| PEG | — | — | — | — | — | — | — | 0.16 |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Operating margin | -26.6K% | -6.8K% | -1.2K% | -1.3K% | -499.9% | -2.7K% | -3.3K% | -1.3K% |
| Net margin | -26.4K% | -7K% | -1.7K% | -1.3K% | -491.5% | -2.6K% | -3.3K% | 0% |
| ROE | -213.5% | -139% | -98.7% | -111.4% | -68.3% | -175% | -132.1% | -114.8% |
| ROA | -181% | -73.1% | -92.9% | -102% | -65.4% | -132.9% | -116.8% | -64.1% |
| Return on tangible assets | -1.7K% | -132.4% | -117.6% | -134.2% | -86.7% | -217.5% | -176.5% | -758.5% |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Current ratio | 3.36 | 1.62 | 14.9 | 10.3 | 20.7 | 3.26 | 6.79 | 6.42 |
| Quick ratio | 3.36 | 1.62 | 14.9 | 10.3 | 20.7 | 3.26 | 6.79 | 4.33 |
| Debt / equity | — | 0.68 | — | — | — | — | — | 0 |
| Debt / assets | — | 0.36 | — | — | — | — | — | — |
| Net debt / EBITDA | — | 0.58 | — | — | — | — | — | 0.74 |
| Interest coverage | — | -38.7 | -2.21 | -716.8 | -2.6K | — | — | — |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Revenue per share | 0.01 | 0.04 | 0.42 | 0.36 | 0.34 | 0.07 | 0.03 | 0.07 |
| EPS (basic) | -3.61 | -2.45 | -7.08 | -4.67 | -1.68 | -1.73 | -1.03 | -1.03 |
| EPS (diluted) | -3.61 | -2.45 | -7.08 | -4.67 | -1.68 | -1.73 | -1.03 | -0.63 |
| Book value per share | 1.69 | 1.76 | 7.22 | 4.2 | 2.46 | 0.99 | 0.78 | 0.41 |
| FCF per share | -2.99 | -2.12 | -3.8 | -3.83 | -1.48 | -1.25 | -0.8 | -0.48 |
| Cash per share | 0.93 | 2.41 | 6.59 | 3.69 | 2.13 | 0.81 | 0.66 | 0.35 |
| Capex per share | 0.03 | 0.01 | 0.05 | 0.01 | 0.01 | 0 | 0.11 | 0.06 |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Capex / revenue | 213.3% | 18% | 10.9% | 2.38% | 3.21% | 0.7% | 342.5% | 85.8% |
| Capex / operating cash flow | -1.07% | -0.39% | -1.4% | -0.26% | -0.76% | -0.04% | -15.4% | -15.2% |
| Payout ratio | — | — | — | — | — | — | — | 0% |
| $674.6K |
| — |
| FY20 | — | -$2.45 | — | — | $59.7K | — |
| FY19 | — | -$3.61 | — | — | $14.9K | — |
| Q2 24 |
|---|
| Q3 24 |
|---|
| Q4 24 |
|---|
| Q1 25 |
|---|
| Q2 25 |
|---|
| Q3 25 |
|---|
| Q4 25 |
|---|
| Q1 26 |
|---|
| Q2 26 |
|---|
| Q3 26 |
|---|
| Revenue | $123K | $63.3K | $41.4K | $34.3K | $27.8K | $11.3K | $12.8K | $30.7K | $55.8K | $94.3K | $108K | $83.3K |
| YoY change | -22% | -77.4% | -82.5% | -83.3% | -77.4% | -82.2% | -69.2% | -10.4% | +100.3% | +738.2% | +746.8% | +171.5% |
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 | 1M | 4.1M | 10.7M | 7.2M | 5.3M | 2.1M | 2.3M |
| Receivables | 0 | 61.1K | 51.1K | 14.5K | 15K | 30.1K | 6.3K |
| Inventory | — | — | — | — | — | — | — |
| Total current assets | 1.1M | 4.4M | 11.1M | 7.7M | 5.5M | 2.6M | 2.4M |
| Property, plant & equipment | 89.7K | 45.3K | 100.6K | 87.2K | 89K | 64.8K | 39.4K |
| Goodwill & intangibles | 1.9M | 2.6M | 2.6M | 2.1M | 1.6M | 1.3M | 1M |
| Total assets | 2.2M | 5.7M | 12.5M | 8.9M | 6.3M | 3.3M | 3.1M |
| Accounts payable | 207.5K | 112.1K | 139.8K | 122.3K | 70.1K | 48.9K | 25.4K |
| Short-term debt | — | 2M | — | — | — | — | — |
| Total current liabilities | 331K | 2.7M | 741.7K | 748.1K | 265.3K | 798.5K | 358.6K |
| Long-term debt | — | — | — | — | — | — | — |
| Total liabilities | 331K | 2.7M | 741.7K | 748.1K | 265.3K | 798.5K | 358.6K |
| Shareholders' equity | 1.8M | 3M | 11.7M | 8.1M | 6.1M | 2.5M | 2.7M |
| Total debt | — | 2M | — | — | — | — | — |
| Net debt | — | -2.1M | — | — | — | — | — |
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 | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 | Q3 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 5.3M | 4.6M | 3.7M | 3M | 2.1M | 1.4M | 519.7K | 2.9M | 2.3M | 1.8M | 1.2M | 640.7K |
| Receivables | 15K | 18.8K | 0 | 0 | 30.1K | 0 | 0 | 4.4K | 6.3K | 10.3K | 7.2K | 19K |
| Inventory | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 5.5M | 4.7M | 3.9M | 3.2M | 2.6M | 2.5M | 1.4M | 3.1M | 2.4M | 1.9M | 1.3M | 822K |
| Property, plant & equipment | 89K | — | — | — | 64.8K | — | — | — | 39.4K | — | -155.6K | -161.9K |
| Goodwill & intangibles | 1.6M | 1.4M | 1.2M | 1.2M | 1.3M | 1.4M | 1.3M | 1.2M | 1M | 1.1M | 1.1M | 1.1M |
| Total assets | 6.3M | 5.5M | 4.6M | 3.8M | 3.3M | 3.2M | 2.1M | 3.8M | 3.1M | 2.6M | 2M | 1.5M |
| Accounts payable | 70.1K | 78.9K | 64.8K | 63K | 48.9K | 56K | 144.8K | 30.9K | 25.4K | 19.4K | 24.9K | 18.3K |
| Short-term debt | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current liabilities | 265.3K | 263.3K | 176K | 211.7K | 798.5K | 843K | 888.7K | 211K | 358.6K | 427.6K | 489.8K | 190K |
| Long-term debt | — | — | — | — | — | — | — | — | — | — | — | — |
| Total liabilities | 265.3K | 263.3K | 176K | 211.7K | 798.5K | 843K | 888.7K | 211K | 358.6K | 427.6K | 489.8K | 190K |
| Shareholders' equity | 6.1M | 5.2M | 4.4M | 3.6M | 2.5M | 2.4M | 1.2M | 3.6M | 2.7M | 2.2M | 1.5M | 1.3M |
| 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 | -3.9M | -4.2M | -11.6M | -9.1M | -4.2M | -4.4M | -3.6M |
| Depreciation & amortization | 159.8K | 522.3K | 751.5K | 875.6K | 682.5K | 533.7K | 433.8K |
| Stock-based compensation | 607.1K | 555K | 876.3K | 1.4M | 179.5K | 834.5K | 226.1K |
| Change in working capital | 208.2K | 223.4K | 100.6K | 124K | -341.4K | -90.2K | 37K |
| Operating cash flow | -3M | -2.8M | -5.2M | -6.5M | -3.6M | -3.1M | -2.5M |
| Capital expenditure | -31.8K | -10.8K | -73.4K | -16.6K | -27.1K | -1.2K | -378.3K |
| Investing cash flow | -31.8K | -10.8K | -73.4K | -16.6K | -27.1K | -1.2K | -378.3K |
| Dividends paid | — | — | — | — | — | — | — |
| Share repurchases | -1.1K | 0 | — | — | — | — | — |
| Financing cash flow | -1.1K | 11.5M | 12.8M | 3.9M | 1.9M | 0 | 3.1M |
| Net change in cash | -3M | 8.7M | 7.5M | -2.6M | -1.7M | -3.1M | 262.4K |
| Free cash flow | -3.3M | -3.6M | -6.2M | -7.4M | -3.6M | -3.2M | -2.8M |
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 | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 | Q3 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income | -948.5K | -890.7K | -905.6K | -1.4M | -1.2M | -908K | -1.1M | -663.4K | -924K | -642.3K | -732.5K | -678.1K |
| Depreciation & amortization | 156.9K | 152.4K | 139.7K | 122.2K | 119.5K | 118.3K | 112.9K | 100.5K | 102.1K | 60.4K | 67.7K | 71.4K |
| Stock-based compensation | 75.7K | 55.1K | 33.1K | 672.5K | 73.7K | 65.4K | 41K | -144.6K | 264.2K | 72.3K | 72.3K | 72.3K |
| Change in working capital | -47.7K | -24.5K | -6.6K | -13.1K | -46K | 61.5K | 80.3K | -130.4K | 25.5K | -22.1K | 147 | -38.5K |
| Operating cash flow | -763.6K | -707.8K | -739.4K | -644.3K | -1M | 57.2K | -952.4K | -837.9K | -439.4K | -415.8K | -621.1K | -449.2K |
| Capital expenditure | -21.6K | 0 | -1.2K | 0 | 0 | — | — | 0 | -86.1K | -87.6K | -43.6K | -75.5K |
| Investing cash flow | -21.6K | 0 | -1.2K | 0 | 0 | — | — | 0 | -86.1K | -87.6K | -43.6K | -75.5K |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | 2 | 0 | 0 | 0 | 0 | — | — | — | 0 | — | — | — |
| Net change in cash | -785.2K | -707.8K | -740.5K | -644.3K | -1M | 57.2K | -952.4K | -837.9K | -525.5K | -503.4K | -664.7K | -524.7K |
| Free cash flow | -768K | -724K | -973.2K | -690.9K | -801.5K | -636.3K | -915K | -756.7K | -525.5K | -503.4K | -664.7K | -524.7K |