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 | — | -$0.25 | — | — | $0 | — |
| FY24 | — | -$0.32 | — | — | $0 | — |
| FY23 | — | -$0.47 | — | — | $0 | — |
| FY22 | — | -$0.29 | — | — | $0 | — |
| FY21 | — | -$2.83 | — | — | $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 | $0 |
| YoY change | — | 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 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 |
|---|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | $0 | $0 | $0 |
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 | 0 |
| Cost of revenue | — | — | — | — | — |
| Gross profit | — | — | — | — | — |
| Gross margin | — | — | — | — | — |
| Research & development | 2.3M | 3M | 5.6M | 3.5M | 4.3M |
| Selling, general & administrative | 1.3M | 3.9M | 6.2M | 4.8M | 4.9M |
| Operating expenses | 3.6M | 6.8M | 11.8M | 8.3M | 8.4M |
| Operating income | -3.6M | -6.8M | -11.8M | -8.3M | -8.4M |
| Operating margin | — | — | — | — | — |
| Non-operating income, net | -26.6M | -1.8K | -41.1K | 9.3K | -1.2K |
| Pretax income | -30.3M | -6.8M | -11.7M | -8.2M | -8.5M |
| Income tax | — | — | — | — | — |
| Net income | -30.3M | -6.8M | -11.7M | -8.2M | -8.5M |
| Net margin | — | — | — | — | — |
| EBITDA | -3.6M | -6.8M | -11.7M | -8.1M | -8.1M |
| EPS | -2.83 | -0.29 | -0.47 | -0.32 | -0.25 |
| Diluted EPS | -2.83 | -0.29 | -0.47 | -0.32 | -0.25 |
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 |
|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost of revenue | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — |
| Gross margin | — | — | — | — | — | — |
| Research & development | 1.3M | 1.2M | 638.3K | 1.1M | 810K | 1.2M |
| Selling, general & administrative | 1.1M | 1.4M | 1.3M | 1.2M | 1.5M | 1.5M |
| Operating expenses | 2.2M | 2.4M | 1.5M | 2.2M | 2.3M | 2.1M |
| Operating income | -2.2M | -2.4M | -1.5M | -2.2M | -2.3M | -2.1M |
| Operating margin | — | — | — | — | — | — |
| Non-operating income, net | -283 | 47 | -528 | -431 | -96 | -34 |
| Pretax income | -2.2M | -2.5M | -1.7M | -2.1M | -2.2M | -2M |
| Income tax | — | — | — | — | — | — |
| Net income | -2.2M | -2.5M | -1.7M | -2.1M | -2.2M | -2M |
| Net margin | — | — | — | — | — | — |
| EBITDA | -2.1M | -2.4M | -1.4M | -2.1M | -2.1M | -2M |
| EPS | -0.08 | -0.09 | -0.04 | -0.05 | -0.05 | -0.05 |
| Diluted EPS | -0.08 | -0.09 | -0.04 | -0.05 | -0.05 | -0.05 |
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 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|
| Cash & short-term investments | 3M | 20M | 14.5M | 11.2M | 3.1M | 11.6M |
| Receivables | — | — | — | — | — | — |
| Inventory | — | — | — | — | — | — |
| Total current assets | 3M | 21.7M | 15.6M | 11.7M | 3.5M | 12M |
| Property, plant & equipment | — | — | — | — | — | — |
| Goodwill & intangibles | — | — | — | — | — | — |
| Total assets | 3M | 21.7M | 15.6M | 11.7M | 4.1M | 12.1M |
| Accounts payable | 0 | 110K | 380.8K | 534.5K | 156.4K | 224.2K |
| Short-term debt | 201.3K | — | — | — | — | — |
| Total current liabilities | 223.9K | 241.6K | 512.5K | 1.1M | 260.6K | 487.7K |
| Long-term debt | — | — | — | — | — | — |
| Total liabilities | 3.2M | 241.6K | 512.5K | 1.1M | 260.6K | 487.7K |
| Shareholders' equity | -171.1K | 21.4M | 15.1M | 10.6M | 3.8M | 11.7M |
| Total debt | 201.3K | — | — | — | — | — |
| Net debt | -2.8M | — | — | — | — | — |
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 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 |
|---|---|---|---|---|---|---|
| Cash & short-term investments | 1.4M | 15M | 13.3M | 11.6M | 10.4M | 9M |
| Receivables | — | — | — | — | — | — |
| Inventory | — | — | — | — | — | — |
| Total current assets | 2M | 15.4M | 13.8M | 12M | 10.5M | 9.3M |
| Property, plant & equipment | — | — | — | — | — | — |
| Goodwill & intangibles | — | — | — | — | — | — |
| Total assets | 2.5M | 15.8M | 14M | 12.1M | 10.7M | 9.4M |
| Accounts payable | 252.1K | 319.5K | 427.6K | 224.2K | 607.5K | 554.9K |
| Short-term debt | — | — | — | — | — | — |
| Total current liabilities | 569.2K | 878.8K | 546K | 487.7K | 963.8K | 1.5M |
| Long-term debt | — | — | — | — | — | — |
| Total liabilities | 569.2K | 878.8K | 546K | 487.7K | 963.8K | 1.5M |
| Shareholders' equity | 1.9M | 15M | 13.5M | 11.7M | 9.7M | 7.9M |
| Total debt | — | — | — | — | — | — |
| Net debt | — | — | — | — | — | — |
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 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Market cap | — | — | — | — | — | — | 13.7M |
| Enterprise value | — | — | — | — | — | — | 6M |
| Shares outstanding | — | 13.6M | 23.3M | 25.1M | 25.8M | 33.8M | 33.8M |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | -1.34 |
| P/B | — | — | — | — | — | — | 1.91 |
| EV/EBITDA | — | — | — | — | — | — | -0.74 |
| Earnings yield | — | — | — | — | — | — | -74.4% |
| FCF yield | — | — | — | — | — | — | -27.5% |
| PEG | — | — | — | — | — | — | 0.03 |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | — | — | 0% |
| Net margin | — | — | — | — | — | — | 0% |
| ROE | — | -141.3% | -45.3% | -110.7% | -215.1% | -72.8% | -69.7% |
| ROA | — | -139.7% | -43.8% | -100.5% | -201.4% | -69.9% | -45% |
| Return on tangible assets | — | -139.7% | -43.8% | -100.5% | -201.4% | -69.9% | -84.7% |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Current ratio | — | 89.6 | 30.4 | 10.9 | 13.5 | 24.5 | 6.24 |
| Quick ratio | — | 89.6 | 30.4 | 10.9 | 13.5 | 24.5 | 6.24 |
| Debt / equity | — | — | — | — | — | — | 0 |
| Interest coverage | — | -2.6K | — | — | -53.2 | -21.2 | -25.8 |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Revenue per share | — | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (basic) | — | -2.83 | -0.29 | -0.47 | -0.32 | -0.25 | -0.25 |
| EPS (diluted) | — | -2.83 | -0.29 | -0.47 | -0.32 | -0.25 | -0.18 |
| Book value per share | — | 1.57 | 0.65 | 0.42 | 0.15 | 0.34 | 0.19 |
| FCF per share | — | -0.36 | -0.23 | -0.39 | -0.31 | -0.19 | -0.14 |
| Cash per share | — | 1.47 | 0.62 | 0.45 | 0.12 | 0.34 | 0.22 |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Payout ratio | — | — | — | — | — | — | 0% |
| YoY change |
| — |
| — |
| — |
| — |
| 0% |
| 0% |
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 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Net income | -30.3M | -6.8M | -11.7M | -8.2M | -8.5M |
| Depreciation & amortization | — | — | — | — | — |
| Stock-based compensation | 199.9K | 480.7K | 884.7K | 758.9K | 1.4M |
| Change in working capital | 113.5K | 270.8K | 153.7K | -378.1K | -5.5K |
| Operating cash flow | -29.9M | -6.1M | -10.7M | -7.7M | -6.7M |
| Capital expenditure | — | — | — | — | — |
| Investing cash flow | — | — | — | — | — |
| Dividends paid | — | — | — | — | — |
| Share repurchases | 0 | — | — | — | — |
| Financing cash flow | 21.8M | 0 | 6.3M | -62.4K | 14.9M |
| Net change in cash | -8.1M | -6.1M | -4.4M | -7.7M | 8.2M |
| Free cash flow | -4.9M | -5.4M | -9.7M | -8.1M | -6.3M |
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 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 |
|---|---|---|---|---|---|---|
| Net income | — | — | -1.7M | -2.1M | -2.2M | -2M |
| Depreciation & amortization | — | — | — | — | — | — |
| Stock-based compensation | — | — | 255.3K | 340.3K | 237.6K | 198.5K |
| Change in working capital | 95.7K | 29.8K | 145.7K | -203.4K | 446.8K | -99.6K |
| Operating cash flow | 95.7K | 29.8K | -1M | -2M | -1.5M | -1.9M |
| Capital expenditure | — | — | — | — | — | — |
| Investing cash flow | — | — | — | — | — | — |
| Dividends paid | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — |
| Financing cash flow | — | — | 0 | 0 | — | — |
| Net change in cash | 95.7K | 29.8K | -1M | -2M | -1.5M | -1.9M |
| Free cash flow | — | — | -1.6M | -1.7M | -1.3M | -1.3M |