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 % |
|---|---|---|---|---|---|---|
| Q3 25 | -$0.3 | -$0.19 | +36.7% | — | $0 | — |
| Q4 24 | -$0.94 | -$1.92 | -104.3% | — | — | — |
| Q3 24 | -$1.05 | -$2.41 | -129.5% | — | — | — |
| Q2 24 | -$9 | -$15.4 | -71.1% | — | — | — |
| Q1 24 | -$7.5 | $42 | +660.0% | — | — | — |
| Q4 23 | -$0.26 | $0.06 | +123.1% | — | — | — |
| Q3 23 | -$0.29 | -$0.52 | -79.3% | — | — | — |
| Q2 23 | -$9.75 | -$102.8 | -953.8% | — | — | — |
| Q1 23 | -$0.15 | -$1.23 | -720.0% | — | — | — |
| Q4 22 | — | -$0.45 | — | — | — | — |
| Q3 22 | — | -$0.45 | — | — | — | — |
| Q2 22 | — | -$2.1 | — | — | — | — |
| Q1 22 | — | -$0.75 | — | — | — | — |
| Q4 21 | -$56.3 | -$56.3 | 0.0% | — | — | — |
| Q3 21 | -$67.5 | -$67.5 | 0.0% | — | — | — |
| Q2 21 | -$56.3 | -$67.5 | -20.0% | — | — | — |
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 | — | -$0.93 | — | — | $1.4M | — |
| FY24 | — | -$15.8 | — | — | $0 | — |
| FY23 | — | -$73.5 | — | — | $0 | — |
| FY22 | — | -$122.3 | — | — | $0 | — |
| FY21 |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1.4M |
| YoY change | — | 0% | 0% | 0% | 0% | 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.
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.4M |
| Cost of revenue | — | — | — | — | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — | — | — | — | — |
| Gross margin | — | — | — | — | — | — | — | — | — | — |
| Research & development | 1.4M | 7.8M | 17.7M | 23.2M | 2.9M | 1.3M | 2.7M | 10.4M | 6.6M | 1M |
| Selling, general & administrative | 997K | 3.6M | 4.1M | 3.1M | 2.3M | 2.5M | 5.3M | 4.2M | 4.6M | 3.7M |
| Operating expenses | 2.4M | 11.4M | 21.8M | 26.3M | 5.2M | 3.7M | 8M | 14.5M | 11.3M | 4.7M |
| Operating income | -2.4M | -11.4M | -21.8M | -26.3M | -5.2M | -3.7M | -8M | -14.5M | -11.3M | -3.3M |
| Operating margin | — | — | — | — | — | — | — | — | — | -234% |
| Non-operating income, net | -188K | -550K | 175K | — | — | — | 5.6M | 4.3M | -589K | 218K |
| Pretax income | -3.2M | -12.3M | -21.5M | -25.9M | -5.2M | -3.7M | -3.6M | -10.5M | -11.7M | -2.9M |
| Income tax | — | — | — | — | — | — | — | — | — | — |
| Net income | -3.2M | -12.3M | -21.5M | -25.9M | -5.2M | -3.7M | -3.6M | -10.5M | -11.7M | -2.9M |
| Net margin | — | — | — | — | — | — | — | — | — | -209.9% |
| EBITDA | -2.4M | -11.4M | -21.8M | -26.3M | -5.2M | -3.7M | -8M | -14.4M | -11.1M | -3.5M |
| EPS | -404.2 | -2.1K | -2.4K | -1.9K | -348.8 | -246.8 | -122.3 | -73.5 | -15.8 | -0.93 |
| Diluted EPS | -404.2 | -2.1K | -2.4K | -1.9K | -348.8 | -246.8 | -122.3 | -73.5 | -15.8 | -0.93 |
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 | 1.4M | 0 | 0 | 0 | 0 |
| Cost of revenue | — | — | — | — | — | — | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — | — | — | — | — | — | — |
| Gross margin | — | — | — | — | — | — | — | — | — | — | — | — |
| Research & development | 907K | 982K | 2.4M | 1.4M | 2.3M | 565K | 411K | 192K | 177K | 257K | 200K | 247K |
| Selling, general & administrative | 1.2M | 1.1M | 1.3M | 1.5M | 829K | 1M | 1.5M | 915K | 547K | 698K | 514K | 460K |
| Operating expenses | 2.1M | 2.1M | 3.7M | 2.8M | 3.2M | 1.6M | 1.9M | 1.1M | 724K | 955K | 714K | 707K |
| Operating income | -2.1M | -2.1M | -3.7M | -2.8M | -3.2M | -1.6M | -1.9M | 297K | -724K | -955K | -714K | -707K |
| Operating margin | — | — | — | — | — | — | — | 21.2% | — | — | — | — |
| Non-operating income, net | 2.6M | 2.7M | -690K | 70K | 18K | 13K | 15K | 1K | -2K | 204K | 1K | — |
| Pretax income | 513K | 617K | -4.3M | -2.7M | -3.1M | -1.6M | -1.9M | 329K | -692K | -726K | -695K | -690K |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — |
| Net income | 513K | 617K | -4.3M | -2.7M | -3.1M | -1.6M | -1.9M | 329K | -692K | -726K | -695K | -690K |
| Net margin | — | — | — | — | — | — | — | 23.4% | — | — | — | — |
| EBITDA | -2.1M | -2.1M | -3.7M | -2.8M | -3.1M | -1.6M | -1.9M | 296K | -722K | -1.2M | -715K | -707K |
| EPS | 4.86 | — | -15.4 | -6.43 | -1.92 | — | -0.62 | 0.11 | -0.21 | — | -0.21 | -0.21 |
| Diluted EPS | 4.86 | — | -15.4 | -6.43 | -1.92 | — | -0.62 | 0.11 | -0.21 | — | -0.21 | -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 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market cap | — | — | — | — | 98.2M | 15.4M | — | — | — | — | 1.6M |
| Enterprise value | — | — | — | — | 95.1M | 11.7M | — | — | — | — | -294.5K |
| Shares outstanding | 7.9K | 5.9K | 9.1K | 14K | 14.7K | 15.1K | 29.1K | 141.2K | 1.3M | 3.1M | 3.1M |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | — | — | — | — | 0.38 |
| P/S | — | — | — | — | — | — | — | — | — | — | 1.17 |
| P/B | — | — | — | — | 41.6 | 4.47 | — | — | — | — | 2.89 |
| EV/EBITDA | — | — | — | — | -18.2 | -3.13 | — | — | — | — | 0.08 |
| EV/Sales | — | — | — | — | — | — | — | — | — | — | -0.21 |
| Earnings yield | — | — | — | — | — | — | — | — | — | — | 265.5% |
| FCF yield | — | — | — | — | -5.72% | -24.3% | — | — | — | — | -38.3% |
| PEG | — | — | — | — | — | — | — | — | — | — | -0 |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | — | — | — | — | — | -234% | -234% |
| Net margin | — | — | — | — | — | — | — | — | — | -209.9% | 0% |
| ROE | 38.5% | -63.3% | 3.4K% | -381% | -218.4% | -108.1% | -110.3% | -1.6K% | -630.2% | -160.9% | -164.8% |
| ROA | -1.6K% | -55.3% | -476.2% | -290.6% | -158.7% | -94.2% | -52.6% | -566.9% | -437.7% | -100.5% | -63.1% |
| Return on tangible assets | -1.6K% | -55.3% | -476.2% | -290.6% | -158.7% | -94.2% | -52.6% | -566.9% | -437.7% | -100.5% | -141.9% |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current ratio | 0.03 | 7.95 | 0.88 | 4.22 | 3.66 | 7.78 | 1.91 | 1.55 | 3.27 | 2.67 | 1.4 |
| Quick ratio | 0.03 | 7.95 | 0.88 | 4.22 | 3.66 | 7.78 | 1.91 | 1.55 | 3.27 | 2.67 | 1.4 |
| Debt / equity | -0.71 | — | — | — | — | — | — | — | — | — | 0 |
| Debt / assets | 29.8 | — | — | — | — | — | — | — | — | — | — |
| Net debt / EBITDA | -2.39 | — | — | — | — | — | — | — | — | — | — |
| Interest coverage | -4.19 | -31.7 | — | — | — | — | -2.11 | -30.6 | — | — | — |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue per share | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.45 | 0.45 |
| EPS (basic) | -404.2 | -2.1K | -2.4K | -1.9K | -348.8 | -246.8 | -122.3 | -73.5 | -15.8 | -0.93 | -0.93 |
| EPS (diluted) | -404.2 | -2.1K | -2.4K | -1.9K | -348.8 | -246.8 | -122.3 | -73.5 | -15.8 | -0.93 | -0.86 |
| Book value per share | -1K | 3.3K | -69.3 | 486.6 | 160.8 | 228.4 | 112.1 | 4.63 | 1.43 | 0.59 | 0.17 |
| FCF per share | -207.7 | -1.2K | -2K | -1.9K | -382.6 | -248.2 | -260.7 | -88.2 | -6.97 | -0.59 | -0.42 |
| Cash per share | 25.1 | 3.7K | 293.5 | 625.8 | 213.5 | 249.1 | 230.2 | 12.6 | 2 | 0.91 | 0.59 |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Payout ratio | — | — | — | — | — | — | — | — | — | — | 0% |
| — |
| -$246.8 |
| — |
| — |
| $0 |
| — |
| FY20 | — | -$348.8 | — | — | $0 | — |
| FY19 | — | -$1.9K | — | — | $0 | — |
| FY18 | — | -$2.4K | — | — | $0 | — |
| FY17 | — | -$2.1K | — | — | $0 | — |
| FY16 | — | -$404.2 | — | — | $0 | — |
| 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 | $1.4M | $0 | $0 | $0 | $0 |
| YoY change | 0% | 0% | 0% | 0% | 0% | 0% | 0% | +InfinityT% | 0% | 0% | 0% | -100% |
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 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 197K | 21.8M | 2.7M | 8.7M | 3.1M | 3.8M | 6.7M | 1.8M | 2.6M | 2.9M |
| Receivables | — | — | — | — | — | — | — | — | — | — |
| Inventory | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 197K | 22.2M | 4.5M | 8.9M | 3.2M | 4M | 6.8M | 1.9M | 2.7M | 2.9M |
| Property, plant & equipment | — | — | — | — | — | — | — | — | — | — |
| Goodwill & intangibles | — | — | — | — | — | — | — | — | — | — |
| Total assets | 197K | 22.2M | 4.5M | 8.9M | 3.2M | 4M | 6.8M | 1.9M | 2.7M | 2.9M |
| Accounts payable | 334K | 1.5M | 3.1M | 354K | 143K | 304K | 129K | 78K | 155K | 94K |
| Short-term debt | 3.8M | — | — | — | — | — | — | — | — | — |
| Total current liabilities | 6.4M | 2.8M | 5.2M | 2.1M | 886K | 509K | 3.6M | 1.2M | 816K | 1.1M |
| Long-term debt | 2M | — | — | — | — | — | — | — | — | — |
| Total liabilities | 8.4M | 2.8M | 5.2M | 2.1M | 886K | 509K | 3.6M | 1.2M | 816K | 1.1M |
| Shareholders' equity | -8.2M | 19.4M | -631K | 6.8M | 2.4M | 3.5M | 3.3M | 654K | 1.9M | 1.8M |
| Total debt | 5.9M | — | — | — | — | — | — | — | — | — |
| Net debt | 5.7M | — | — | — | — | — | — | — | — | — |
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 | 161K | 1.8M | 3.2M | 4.9M | 2.6M | 2.6M | 3.5M | 3.3M | 3.7M | 2.9M | 2.4M | 1.9M |
| Receivables | — | — | — | — | — | — | — | — | — | — | — | — |
| Inventory | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 502K | 1.9M | 3.3M | 5M | 2.6M | 2.7M | 3.6M | 4.2M | 3.7M | 2.9M | 2.5M | 2M |
| Property, plant & equipment | — | — | — | — | — | — | — | — | — | — | — | — |
| Goodwill & intangibles | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | 502K | 1.9M | 3.3M | 5M | 2.6M | 2.7M | 3.6M | 4.2M | 3.7M | 2.9M | 2.5M | 2M |
| Accounts payable | 296K | 78K | 310K | 192K | 140K | 155K | 173K | 79K | 490K | 94K | 99K | 117K |
| Short-term debt | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current liabilities | 5M | 1.2M | 1.4M | 1.2M | 973K | 816K | 1.3M | 1.3M | 1.4M | 1.1M | 1.3M | 1.4M |
| Long-term debt | — | — | — | — | — | — | — | — | — | — | — | — |
| Total liabilities | 5M | 1.2M | 1.4M | 1.2M | 973K | 816K | 1.3M | 1.3M | 1.4M | 1.1M | 1.3M | 1.4M |
| Shareholders' equity | -4.5M | 654K | 1.9M | 3.8M | 1.7M | 1.9M | 2.3M | 2.8M | 2.3M | 1.8M | 1.2M | 569K |
| 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 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net income | -3.2M | -12.3M | -21.5M | -25.9M | -5.2M | -3.7M | -3.6M | -10.5M | -11.7M | -2.9M |
| Depreciation & amortization | — | — | — | — | — | — | — | — | — | — |
| Stock-based compensation | 28K | 604K | 1.5M | 1.8M | 710K | 442K | 649K | 906K | 1.2M | 665K |
| Change in working capital | 15K | 2.2M | 1.6M | -3.2M | -229K | -90K | 90K | 0 | — | — |
| Operating cash flow | -2.9M | -7.1M | -18.5M | -27.2M | -4.7M | -3.4M | -2.3M | -4.9M | -9.8M | -1.8M |
| Capital expenditure | — | — | — | — | — | — | — | — | — | — |
| Investing cash flow | 0 | -10M | 10M | 0 | 0 | — | — | — | — | — |
| Dividends paid | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | 0 | -1.1M | 0 | — | — |
| Financing cash flow | 1.8M | 24.9M | -895K | 32.3M | 0 | 4.4M | 9.9M | 7.5M | 416K | 2.1M |
| Net change in cash | -1.1M | 7.8M | -9.3M | 5.1M | -4.7M | 1M | 7.6M | 2.6M | -9.4M | 261K |
| Free cash flow | -1.6M | -6.8M | -18.2M | -26.3M | -5.6M | -3.8M | -7.6M | -12.5M | -9M | -1.8M |
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 | 513K | 617K | -4.3M | -2.7M | -3.1M | -1.6M | -1.9M | 329K | -692K | -726K | -695K | -690K |
| Depreciation & amortization | — | — | — | — | — | — | — | — | — | — | — | — |
| Stock-based compensation | 561K | 307K | 191K | 192K | 331K | 522K | 185K | 175K | 163K | 142K | 61K | 61K |
| Change in working capital | 13K | 13K | 389K | 115K | 0 | — | — | — | — | — | — | — |
| Operating cash flow | 2.1M | 1.3M | -3.2M | -2M | -2.7M | -1.3M | -1.6M | -176K | 383K | -854K | -438K | -475K |
| Capital expenditure | — | — | — | — | — | — | — | — | — | — | — | — |
| Investing cash flow | — | — | — | — | — | — | — | — | — | — | — | — |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | 550K | 3.9M | -442K | -470K | 567K | 761K | 2.1M | 0 | 0 | 0 | 0 | 0 |
| Net change in cash | 2.6M | 5.2M | -3.6M | -2.5M | -2.2M | -555K | 476K | -176K | 383K | -854K | -438K | -475K |
| Free cash flow | -1.9M | -2.3M | -3.1M | -2.3M | -2.9M | -764K | -1.2M | -176K | 383K | -854K | -438K | -475K |