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 | — | -$491.4 | — | — | $6.2K | — |
| FY24 | — | -$10.9 | — | — | $0 | — |
| FY23 | — | $0.1 | — | — | $0 | — |
| FY22 | — | -$0.01 | — | — | $0 | — |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | $6.2K |
| YoY change | — | 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 | Q2 23 | Q3 23 | Q4 23 | 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 | $1.9K | $4.3K | $28.4K | $63.1K |
| YoY change | — | — | — | 0% | 0% | 0% | — | 0% | +InfinityT% | +InfinityT% | +InfinityT% | +InfinityT% |
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 6.2K |
| Cost of revenue | 0 | 0 | — | 6.3K |
| Gross profit | 0 | 0 | — | -116 |
| Gross margin | — | — | — | -1.87% |
| Research & development | 175.3K | 72K | — | 923.9K |
| Selling, general & administrative | 421.2K | 1.3M | 3.1M | 18.4M |
| Operating expenses | 596.5K | 1.4M | 3.1M | 19.4M |
| Operating income | -596.5K | -1.3M | -3.1M | -19.4M |
| Operating margin | — | — | — | -312K% |
| Non-operating income, net | — | — | -9.1M | 3.4M |
| Pretax income | -596.5K | 4.5M | -12.5M | -24.5M |
| Income tax | 626 | 481 | — | 0 |
| Net income | -597.1K | 4.5M | -12.5M | -24.5M |
| Net margin | — | — | — | -394.7K% |
| EBITDA | -596.5K | 4.5M | -11.6M | -15.5M |
| EPS | -0.01 | 0.1 | -10.9 | -491.4 |
| Diluted EPS | -0.01 | 0.1 | -10.9 | -491.4 |
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 | Q4 23 | 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 | 1.9K | 4.3K | 28.4K | 63.1K |
| Cost of revenue | 0 | 0 | 0 | 0 | 0 | — | — | — | 1.1K | 5.3K | 22.6K | 93.2K |
| Gross profit | 0 | 0 | 0 | 0 | 0 | — | — | — | 884 | -1K | 5.8K | -30.1K |
| Gross margin | — | — | — | — | — | — | — | — | 45.5% | -23.5% | 20.3% | -47.7% |
| Research & development | 10.5K | 14.8K | 10.5K | 10.5K | 7K | — | 263.1K | 352.9K | 207.9K | 100K | 296.7K | 233.5K |
| Selling, general & administrative | 79.8K | 50.8K | 65.8K | 86.4K | 235.6K | 2.5M | 15.3M | 447K | 938.5K | 1.7M | 1.4M | 2.2M |
| Operating expenses | 90.3K | 65.5K | 76.3K | 96.9K | 242.6K | 2.5M | 15.6M | 799.9K | 1.1M | 1.8M | 1.7M | 2.4M |
| Operating income | -90.3K | -65.5K | -76.3K | -96.9K | -242.6K | -2.5M | -15.6M | -799.9K | -1.1M | -1.8M | -1.6M | -2.4M |
| Operating margin | — | — | — | — | — | — | — | — | -59K% | -43.4K% | -5.8K% | -3.9K% |
| Non-operating income, net | — | — | — | — | — | — | -94.9K | -653.5K | 775.1K | 3.4M | 13.6K | 1.1M |
| Pretax income | -90.3K | -65.5K | -76.3K | -96.9K | -242.6K | -12M | -15.9M | -2M | -1.9M | -4.7M | -3.2M | -1.3M |
| Income tax | 0 | 0 | 481 | 0 | 1K | — | — | — | 0 | 0 | 0 | 0 |
| Net income | -90.3K | -65.5K | -76.8K | -96.9K | -243.6K | -12M | -15.9M | -2M | -1.9M | -4.7M | -3.2M | -1.3M |
| Net margin | — | — | — | — | — | — | — | — | -95.3K% | -110.5K% | -11.4K% | -2K% |
| EBITDA | -90.3K | -65.5K | -76.3K | -96.9K | -242.6K | -11.1M | -15.6M | -799.9K | -1.1M | 2M | -1.6M | -2.4M |
| EPS | -0 | -0 | — | -0 | -0.01 | — | -16.8 | -48 | -48 | — | -20.6 | -1.22 |
| Diluted EPS | -0 | -0 | — | -0 | -0.01 | — | -16.8 | -48 | -48 | — | -20.6 | -1.22 |
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 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|
| Market cap | — | — | — | — | 11.9M |
| Enterprise value | — | — | — | — | -245.4K |
| Shares outstanding | 45.9M | 46M | 1.2M | 49.8K | 49.8K |
| Metric | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|
| P/E | — | — | — | — | -0.02 |
| P/S | — | — | — | — | 122.1 |
| P/B | — | — | — | — | 0.94 |
| EV/EBITDA | — | — | — | — | 0.02 |
| EV/Sales | — | — | — | — | -2.51 |
| Earnings yield | — | — | — | — | -5.7K% |
| FCF yield | — | — | — | — | 62.3% |
| PEG | — | — | — | — | 0 |
| Metric | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|
| Gross margin | — | — | — | -1.87% | -47.7% |
| Operating margin | — | — | — | -312K% | -3.9K% |
| Net margin | — | — | — | -394.7K% | -1.87% |
| ROE | 463.6% | -915% | 814.1% | 383.9% | -1K% |
| ROA | -2.6K% | 9.7K% | -8.5K% | -1.9K% | 60.6% |
| ROIC | 591.4% | 968.2% | — | 877.6% | 1.7K% |
| Return on tangible assets | 12.3% | -90.6% | -8.5K% | -1.9K% | -81.6% |
| Metric | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|
| Current ratio | 0.15 | 0.09 | 0.09 | 0.17 | 7.99 |
| Quick ratio | 0.15 | 0.09 | 0.09 | 0.14 | 7.81 |
| Debt / equity | -0.22 | -0.74 | -0.82 | -0.81 | 0 |
| Debt / assets | 1.24 | 7.81 | 8.56 | 3.94 | 3.94 |
| Net debt / EBITDA | -0.05 | 0.08 | -0.11 | -0.27 | -0.27 |
| Interest coverage | — | 498.9 | -13.1 | -1.87 | -0.19 |
| Effective tax rate | 0% | 0.01% | — | 0% | 0% |
| Metric | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|
| Revenue per share | 0 | 0 | 0 | 0.12 | 0.29 |
| EPS (basic) | -0.01 | 0.1 | -10.9 | -491.4 | -491.4 |
| EPS (diluted) | -0.01 | 0.1 | -10.9 | -491.4 | -6.65 |
| Book value per share | -0 | -0.01 | -1.34 | -128 | 9.08 |
| FCF per share | -0.11 | 0 | -0.23 | -98.8 | -6.92 |
| Cash per share | 0 | 0 | 0 | 20.1 | 8.68 |
| Metric | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|
| Payout ratio | — | — | — | — | 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 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|
| Cash & short-term investments | 38 | 11.2K | 3.6K | 1M |
| Receivables | — | — | — | — |
| Inventory | — | — | — | 253.2K |
| Total current assets | 22.5K | 46.2K | 148K | 1.3M |
| Property, plant & equipment | — | — | — | — |
| Goodwill & intangibles | 4.9M | 5M | — | — |
| Total assets | 22.5K | 46.2K | 148K | 1.3M |
| Accounts payable | 122.7K | 172.8K | 310.2K | 1M |
| Short-term debt | 28K | 360.6K | 1.3M | 5.2M |
| Total current liabilities | 151.3K | 534K | 1.7M | 7.6M |
| Long-term debt | — | — | — | — |
| Total liabilities | 151.3K | 534K | 1.7M | 7.7M |
| Shareholders' equity | -128.8K | -487.9K | -1.5M | -6.4M |
| Total debt | 28K | 360.6K | 1.3M | 5.2M |
| Net debt | 27.9K | 349.5K | 1.3M | 4.2M |
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 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 11.2K | 19.6K | 16.5K | 3.6K | 1.3M | 206.2K | 1.9M | 1M | 5.9M | 12.2M |
| Receivables | — | — | — | — | — | — | — | — | — | — |
| Inventory | — | — | — | — | — | — | 35.4K | 253.2K | 370K | 288.4K |
| Total current assets | 46.2K | 49.6K | 184K | 148K | 2M | 989.4K | 2.4M | 1.3M | 7.1M | 13.5M |
| Property, plant & equipment | — | — | — | — | — | — | — | — | — | — |
| Goodwill & intangibles | 5M | 5M | 5M | — | — | — | — | — | — | — |
| Total assets | 46.2K | 5.1M | 184K | 148K | 2M | 989.4K | 2.4M | 1.3M | 7.1M | 13.5M |
| Accounts payable | 172.8K | 161.5K | 129.4K | 310.2K | 1.4M | 1.4M | 1.1M | 1M | 857.9K | 972.1K |
| Short-term debt | 360.6K | 445.4K | 853.1K | 1.3M | 6.8M | 8.5M | 8.6M | 5.2M | 1.5M | — |
| Total current liabilities | 534K | 764.3K | 985.6K | 1.7M | 8.9M | 10.6M | 13.9M | 7.6M | 3.2M | 1.7M |
| Long-term debt | — | — | — | — | — | — | — | — | — | — |
| Total liabilities | 534K | 4.6M | 985.6K | 1.7M | 8.9M | 10.6M | 13.9M | 7.7M | 3.2M | 1.8M |
| Shareholders' equity | -487.9K | 442K | -801.6K | -1.5M | -7M | -9.6M | -11.5M | -6.4M | 3.9M | 11.8M |
| Total debt | 360.6K | 445.4K | 853.1K | 1.3M | 6.8M | 8.5M | 8.6M | 5.2M | 1.5M | — |
| Net debt | 349.5K | 425.8K | 836.6K | 1.3M | 5.4M | 8.3M | 6.7M | 4.2M | -4.4M | — |
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 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|
| Net income | -597.1K | -359.1K | -1.3M | -24.5M |
| Depreciation & amortization | 0 | 0 | 0 | — |
| Stock-based compensation | — | — | — | 14.1M |
| Change in working capital | 434.2K | 382.7K | 906.2K | -688K |
| Operating cash flow | -163K | 23.6K | -403.7K | -4.9M |
| Capital expenditure | — | — | — | — |
| Investing cash flow | — | — | — | — |
| Dividends paid | — | — | — | — |
| Share repurchases | — | — | — | — |
| Financing cash flow | 4.9M | 0 | 257.6K | 2.2M |
| Net change in cash | 4.7M | 23.6K | -146K | -2.7M |
| Free cash flow | -5M | 11.1K | -265.2K | -4.9M |
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 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income | -65.5K | -76.8K | -96.8K | -243.5K | -738.5K | -15.9M | -2M | -1.9M | -4.7M | -3.2M | -1.3M |
| Depreciation & amortization | 0 | 0 | — | 0 | 0 | — | — | — | — | — | — |
| Stock-based compensation | — | — | — | — | — | 14.1M | 0 | 0 | 0 | 13.4K | 144.1K |
| Change in working capital | 0 | 0 | 40.5K | -84.8K | 0 | -17.1K | -80.4K | -1.4M | -264.2K | -256.3K | 166.7K |
| Operating cash flow | -65.5K | -76.8K | -56.2K | -328.3K | -738.5K | -1.5M | -1.1M | -1.1M | -927.8K | -3M | -2.1M |
| Capital expenditure | — | — | — | — | — | — | — | — | — | — | — |
| Investing cash flow | — | — | — | — | — | — | — | — | — | — | — |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | 0 | 0 | 28.6K | 492.5K | 0 | 2.9M | 0 | 256.7K | -33.1K | 4.8M | 8M |
| Net change in cash | -65.5K | -76.8K | -27.7K | 164.2K | -738.5K | 1.3M | -1.1M | -847.1K | -960.9K | 1.8M | 5.9M |
| Free cash flow | -264K | 265.4K | -56.2K | -495.5K | 479.6K | -1.8M | -1.1M | -1.1M | -927.8K | -3M | -2.1M |