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 | — | — | — | — | $8.5M | — |
| FY24 | — | -$52.8 | — | — | $0 | — |
| FY23 | — | -$232 | — | — | $0 | — |
| FY22 | — | -$2.99 | — | — | $0 | — |
| FY21 | — | -$1.18 | — | — | $0 | — |
| FY20 | — | -$0.86 | — | — | $0 | — |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | $0 | $0 | $8.5M |
| YoY change | — | 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 | Q1 22 | Q2 22 | Q3 22 |
|---|---|---|---|
| Revenue | $0 | $0 | $0 |
| YoY change | — | — | — |
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 0 | 8.5M |
| Cost of revenue | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — |
| Gross margin | — | — | — | — | — | — |
| Research & development | 31.4M | 35.6M | 35.5M | 34.2M | 24.6M | 5.5M |
| Selling, general & administrative | 11M | 15.3M | 9.9M | 20.6M | 17.8M | 12.4M |
| Operating expenses | 40.8M | 50.3M | 44.4M | 54.4M | 42M | 17.7M |
| Operating income | -40.8M | -50.3M | -44.4M | -54.4M | -42M | -9.2M |
| Operating margin | — | — | — | — | — | -108.2% |
| Non-operating income, net | -30.6M | -44.9M | -196.8M | -118.8M | -11.9M | -1.8M |
| Pretax income | -74.9M | -94.8M | -240.8M | -172.6M | -53.6M | -10.9M |
| Income tax | -85K | 1K | 1K | 10K | 259K | 3K |
| Net income | -74.8M | -94.8M | -240.8M | -172.6M | -53.9M | -10.9M |
| Net margin | — | — | — | — | — | -128.7% |
| EBITDA | -73.5M | -91.1M | -239.4M | -173.8M | -40.4M | -8.8M |
| EPS | -0.86 | -1.18 | -2.99 | -232 | -52.8 | — |
| Diluted EPS | -0.86 | -1.18 | -2.99 | -232 | -52.8 | — |
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | Q1 22 | Q2 22 | Q3 22 |
|---|---|---|---|
| Revenue | 0 | 0 | 0 |
| Cost of revenue | — | — | — |
| Gross profit | — | — | — |
| Gross margin | — | — | — |
| Research & development | — | — | — |
| Selling, general & administrative | 389.4K | 383.9K | 613K |
| Operating expenses | 389.4K | 383.9K | 613K |
| Operating income | -389.4K | -383.9K | -613K |
| Operating margin | — | — | — |
| Non-operating income, net | — | — | — |
| Pretax income | -356K | -237K | -58.7K |
| Income tax | — | — | — |
| Net income | -356K | -237K | -58.7K |
| Net margin | — | — | — |
| EBITDA | -389.4K | -383.9K | -613K |
| EPS | -0.14 | -0.02 | -0 |
| Diluted EPS | -0.14 | -0.02 | -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 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|
| Cash & short-term investments | 154.4M | 94.5M | 54.6M | 37.8M | 9.8M | 3.3M |
| Receivables | — | — | — | — | 0 | 2.3M |
| Inventory | — | — | — | — | — | — |
| Total current assets | 157.7M | 99.4M | 55.8M | 39.9M | 10.3M | 6.1M |
| Property, plant & equipment | -445K | -1.1M | -1.4M | -2M | 37K | -331K |
| Goodwill & intangibles | 20.6M | 29.6M | 29.6M | 29.5M | 3.5M | 0 |
| Total assets | 169.9M | 123.4M | 76.5M | 55.4M | 13.1M | 6.7M |
| Accounts payable | — | — | — | — | — | — |
| Short-term debt | 512K | 508K | 614K | 4.4M | 233K | 209K |
| Total current liabilities | 12.1M | 13.6M | 12.4M | 13.6M | 7.4M | 6.3M |
| Long-term debt | 999K | 528K | 377K | 267K | 733K | 434K |
| Total liabilities | 297.9M | 336.3M | 524.6M | 14.2M | 8.2M | 9.9M |
| Shareholders' equity | -127.9M | -212.9M | -448.1M | 41.2M | 4.9M | -3.2M |
| Total debt | 1.5M | 1M | 991K | 4.7M | 966K | 643K |
| Net debt | -129.1M | -45.7M | -31.7M | -27.4M | -8.8M | -2.6M |
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 22 | Q2 22 |
|---|---|---|
| Cash & short-term investments | 301.9K | 74.5M |
| Receivables | — | — |
| Inventory | — | — |
| Total current assets | 383.3K | 75.3M |
| Property, plant & equipment | — | 1.9M |
| Goodwill & intangibles | — | 14.8M |
| Total assets | 105.5M | 99.5M |
| Accounts payable | — | — |
| Short-term debt | — | 694K |
| Total current liabilities | — | 12.8M |
| Long-term debt | — | 654K |
| Total liabilities | — | 312M |
| Shareholders' equity | 101.8M | -212.5M |
| Total debt | — | 1.3M |
| Net debt | — | -49.4M |
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 | — | 79.9B | 83.3B | — | — | — | — |
| Enterprise value | — | 79.8B | 83.3B | — | — | — | — |
| Shares outstanding | 86.8M | 80.4M | 80.4M | 744K | 1M | — | — |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| P/B | — | -375.3 | -186 | — | — | — | — |
| EV/EBITDA | — | -876.1 | -347.9 | — | — | — | — |
| FCF yield | — | -0.06% | -0.05% | — | — | — | — |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | — | -108.2% | -108.2% |
| Net margin | — | — | — | — | — | -128.7% | -128.7% |
| ROE | 58.5% | 44.5% | 53.7% | -418.6% | -1.1K% | 343.1% | 343.1% |
| ROA | -44% | -76.8% | -314.9% | -311.6% | -411.2% | -162.9% | -162.9% |
| ROIC | 14.5% | 16.4% | 8.85% | -673.1% | 1.1K% | 157.9% | 157.9% |
| Return on tangible assets | -50.1% | -101% | -513.2% | -667.1% | -559.6% | -162.9% | -162.9% |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Current ratio | 13 | 7.33 | 4.51 | 2.95 | 1.39 | 0.96 | 0.96 |
| Quick ratio | 13 | 7.33 | 4.51 | 2.95 | 1.39 | 0.96 | 0.96 |
| Debt / equity | -0.01 | -0 | -0 | 0.11 | 0.2 | -0.2 | -0.2 |
| Debt / assets | 0.01 | 0.01 | 0.01 | 0.08 | 0.07 | 0.1 | 0.1 |
| Net debt / EBITDA | 2.08 | 1.03 | 0.22 | 0.19 | 0.22 | 0.3 | 0.3 |
| Interest coverage | -1K | -1.1K | -2.6K | -1.1K | -298.4 | -167.2 | -167.2 |
| Effective tax rate | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Revenue per share | 0 | 0 | 0 | 0 | 0 | — | — |
| EPS (basic) | -0.86 | -1.18 | -2.99 | -232 | -52.8 | — | — |
| EPS (diluted) | -0.86 | -1.18 | -2.99 | -232 | -52.8 | — | — |
| Book value per share | -1.47 | -2.65 | -5.57 | 55.4 | 4.77 | — | — |
| FCF per share | -0.53 | -0.63 | -0.54 | -58.1 | -28.2 | — | — |
| Cash per share | 1.78 | 1.17 | 0.68 | 50.8 | 9.57 | — | — |
| Capex per share | 0 | 0 | 0 | — | — | — | — |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Capex / operating cash flow | -0.36% | -0.06% | -0.15% | — | — | — | — |
| Payout ratio | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Dividend yield | — | 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 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|
| Net income | -74.9M | -94.8M | -240.8M | -172.6M | -53.6M | -10.9M |
| Depreciation & amortization | 609K | 681K | 775K | 669K | 361K | 255K |
| Stock-based compensation | 4.5M | 8.1M | 3.6M | 12.7M | 10.9M | -979K |
| Change in working capital | — | — | — | — | — | — |
| Operating cash flow | -39.7M | -86.4M | -236.8M | -43.2M | -28.7M | -10.4M |
| Capital expenditure | -144K | -50K | -367K | — | — | — |
| Investing cash flow | 12M | -31.9M | 28.6M | 20.5M | 5.8M | 18K |
| Dividends paid | 0 | 0 | 0 | 0 | 0 | 0 |
| Share repurchases | — | — | — | — | — | — |
| Financing cash flow | 125.6M | -1.6M | -201K | 21.3M | -4.3M | 3.7M |
| Net change in cash | 97.9M | -119.9M | -208.4M | -1.5M | -27.2M | -6.6M |
| Free cash flow | -45.8M | -50.9M | -43.2M | -43.2M | -28.8M | -10.4M |
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 22 | Q2 22 | Q3 22 |
|---|---|---|---|
| Net income | -356K | -237K | -58.7K |
| Depreciation & amortization | — | — | — |
| Stock-based compensation | — | — | — |
| Change in working capital | — | — | — |
| Operating cash flow | -356K | -237K | -58.7K |
| Capital expenditure | — | — | — |
| Investing cash flow | — | — | 0 |
| Dividends paid | — | — | — |
| Share repurchases | — | — | — |
| Financing cash flow | — | — | 0 |
| Net change in cash | -356K | -237K | -58.7K |
| Free cash flow | -297K | -71.7K | -145.2K |