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 26 | -$0.19 | -$0.13 | +31.6% | — | — | — |
| Q4 25 | -$0.2 | -$0.06 | +70.0% | — | $0 | — |
| Q3 25 | -$0.25 | -$0.24 | +4.0% | — | $0 | — |
| Q2 25 | -$0.5 | -$0.4 | +20.0% | — | $0 | — |
| Q1 25 | -$0.39 | -$0.59 | -51.3% | — | $0 | — |
| Q4 24 | -$0.87 | -$0.25 | +71.3% | — | $0 | — |
| Q3 24 | -$1.19 | -$0.61 | +48.7% | — | $0 | — |
| Q2 24 | -$0.1 | -$0.88 | -780.0% | — | $3K | — |
| Q4 23 | -$1.5 | -$1.35 | +10.0% | — | $13K | — |
| Q3 23 | -$0.12 | -$0.12 | 0.0% | — | $357K | — |
| Q2 23 | -$0.16 | -$0.17 | -6.3% | — | $43K | — |
| Q1 23 | -$0.16 | -$0.17 | -6.3% | — | $64K | — |
| Q4 22 | -$3.3 | -$2.4 | +27.3% | — | $106K | — |
| Q3 22 | -$0.23 | -$0.17 | +26.1% | — | $212K | — |
| Q2 22 | -$0.25 | -$0.14 | +44.0% | — | $974K | — |
| Q1 22 | -$0.24 | -$0.2 | +16.7% | — | $60K | — |
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 | — | -$1.23 | — | — | $0 | — |
| FY24 | — | -$2.9 | — | — | $58K | — |
| FY23 | — | -$8.25 | — | — | $477K | — |
| FY22 | — | -$10.1 | — | — | $1.4M | — |
| FY21 | — | -$11.3 | — | — | $1M | — |
| FY20 | — | -$22.2 | — | — | $145K | — |
| FY19 | — | -$39.1 | — | — | $710K | — |
| FY18 | — | -$49.2 | — | — | $625K | — |
| FY17 | — | -$43.5 | — | — | $479K | — |
| FY16 | — | -$166.1 | — | — | $576K | — |
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 | $576K | $479K | $625K | $710K | $145K | $1M | $1.4M | $477K | $58K | $0 |
| YoY change | +11.4% | -16.8% | +30.5% | +13.6% | -79.6% | +600% | +33.2% | -64.7% | -87.8% | -100% |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| 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 | $357K | $13K | $55K | $3K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | — |
| YoY change | +68.4% | -87.7% | -14.1% | -93% | -100% | -100% | -100% | -100% | 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 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 576K | 479K | 625K | 710K | 145K | 1M | 1.4M | 477K | 58K | 0 |
| Cost of revenue | 746K | 690K | 517K | 358K | 4K | 0 | — | — | — | — |
| Gross profit | -170K | -211K | 108K | 352K | 141K | 1M | — | — | — | — |
| Gross margin | -29.5% | -44.1% | 17.3% | 49.6% | 97.2% | 100% | — | — | — | — |
| Research & development | 3.3M | 5.8M | 8.5M | 8.6M | 9.8M | 8.6M | 8.8M | 7.7M | 4.4M | 5M |
| Selling, general & administrative | 4.1M | 6.4M | 5.8M | 6M | 5.9M | 5.1M | 4.4M | 4.4M | 3.7M | 3.3M |
| Operating expenses | 7.4M | 12.2M | 14.2M | 14.6M | 15.7M | 13.6M | 13.3M | 12.1M | 8.1M | 8.3M |
| Operating income | -7.6M | -12.4M | -14.1M | -14.2M | -15.5M | -12.6M | -11.9M | -11.6M | -8M | -8.3M |
| Operating margin | -1.3K% | -2.6K% | -2.3K% | -2K% | -10.7K% | -1.2K% | -880.3% | -2.4K% | -13.8K% | — |
| Non-operating income, net | -966K | 2K | -3K | -471K | 507K | 7K | -6K | 73K | 55K | 50K |
| Pretax income | -10.3M | -12.3M | -14M | -14.7M | -15M | -12.6M | -11.9M | -11.6M | -7.9M | -8.2M |
| Income tax | — | — | — | — | — | — | — | — | — | — |
| Net income | -10.3M | -12.3M | -14M | -14.7M | -15M | -12.6M | -11.9M | -11.6M | -7.9M | -8.2M |
| Net margin | -1.8K% | -2.6K% | -2.2K% | -2.1K% | -10.3K% | -1.2K% | -880.7% | -2.4K% | -13.7K% | — |
| EBITDA | -7.6M | -12.2M | -13.9M | -14M | -15.4M | -12.6M | -11.8M | -11.6M | -7.9M | -8.3M |
| EPS | -166.1 | -43.5 | -49.2 | -39.1 | -22.2 | -11.3 | -10.1 | -8.25 | -2.9 | -1.23 |
| Diluted EPS | -166.1 | -43.5 | -49.2 | -39.1 | -22.2 | -11.3 | -10.1 | -8.25 | -2.9 | -1.23 |
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 | 357K | 13K | 55K | 3K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |
| Cost of revenue | — | — | — | — | — | — | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — | — | — | — | — | — | — |
| Gross margin | — | — | — | — | — | — | — | — | — | — | — | — |
| Research & development | 1.9M | 1.2M | 1.2M | 800K | 931K | 1.4M | 1.5M | 1.4M | 936K | 1.1M | 1.2M | — |
| Selling, general & administrative | 1.1M | 941K | 1.1M | 852K | 825K | 906K | 1.2M | 683K | 552K | 885K | 1M | — |
| Operating expenses | 3M | 2.1M | 2.3M | 1.7M | 1.8M | 2.3M | 2.7M | 2.1M | 1.5M | 2M | 2.3M | — |
| Operating income | -2.6M | -2.1M | -2.3M | -1.6M | -1.8M | -2.3M | -2.7M | -2.1M | -1.5M | -2M | -2.3M | — |
| Operating margin | -727.7% | -16K% | -4.1K% | -55K% | — | — | — | — | — | — | — | — |
| Non-operating income, net | 24K | 12K | 8K | 3K | 19K | 25K | 14K | 2K | 5K | 29K | 7K | — |
| Pretax income | -2.6M | -2.1M | -2.3M | -1.6M | -1.7M | -2.3M | -2.7M | -2M | -1.5M | -2M | -2.3M | — |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — |
| Net income | -2.6M | -2.1M | -2.3M | -1.6M | -1.7M | -2.3M | -2.7M | -2M | -1.5M | -2M | -2.3M | — |
| Net margin | -721% | -15.9K% | -4.1K% | -54.9K% | — | — | — | — | — | — | — | — |
| EBITDA | -2.6M | -2.1M | -2.3M | -1.6M | -1.7M | -2.3M | -2.7M | -2M | -1.5M | -2M | -2.3M | — |
| EPS | -1.79 | — | -1.35 | -0.88 | -0.61 | — | -0.59 | -0.4 | -0.24 | — | -0.21 | -0.13 |
| Diluted EPS | -1.79 | — | -1.35 | -0.88 | -0.61 | — | -0.59 | -0.4 | -0.24 | — | -0.21 | -0.13 |
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 | 21.4M | 12.7M | 5.4M | 5.6M | 21.4M | 12.9M | 7.4M | 1.1M | 2.4M | 2.5M |
| Receivables | 74K | 95K | 274K | 147K | 232K | 147K | 201K | 63K | 0 | 20K |
| Inventory | 135K | 191K | 141K | 4K | 0 | — | — | — | — | — |
| Total current assets | 21.9M | 13.3M | 6.2M | 6.4M | 22.7M | 13.5M | 7.9M | 1.5M | 2.6M | 2.7M |
| Property, plant & equipment | 111K | 169K | 145K | 1.2M | 712K | 2.1M | 1.8M | 1.4M | 931K | 510K |
| Goodwill & intangibles | — | — | — | — | — | — | — | — | — | — |
| Total assets | 22.1M | 13.5M | 6.4M | 7.7M | 23.4M | 15.7M | 9.8M | 3M | 3.7M | 3.4M |
| Accounts payable | 525K | 902K | 743K | 914K | 746K | 507K | 683K | 890K | 385K | 641K |
| Short-term debt | 0 | — | — | 528K | 614K | 237K | 315K | 333K | 385K | 442K |
| Total current liabilities | 1.4M | 2.3M | 2.5M | 4M | 4.2M | 3.7M | 3.6M | 3.6M | 2.3M | 2.4M |
| Long-term debt | — | — | 0 | 614K | 0 | 1.6M | 1.3M | 982K | 566K | 86K |
| Total liabilities | 1.5M | 2.4M | 2.6M | 5.3M | 4.2M | 5.3M | 4.9M | 4.6M | 2.9M | 2.5M |
| Shareholders' equity | 20.6M | 11.1M | 3.8M | 2.4M | 19.2M | 10.4M | 4.9M | -1.6M | 837K | 895K |
| Total debt | 0 | — | 0 | 1.1M | 614K | 1.9M | 1.6M | 1.3M | 951K | 528K |
| Net debt | -21.4M | — | -5.4M | -4.4M | -20.8M | -11M | -5.7M | 212K | -1.4M | -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 | Q2 23 | Q3 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 4.3M | 1.8M | 1.1M | 949K | 1.4M | 4.9M | 2.4M | 949K | 980K | 5.3M | 2.5M | 951K |
| Receivables | 115K | 104K | 63K | 58K | 10K | 10K | 0 | — | 10K | — | 20K | 20K |
| Inventory | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 4.7M | 2.1M | 1.5M | 1.3M | 1.6M | 5.1M | 2.6M | 1.2M | 1.2M | 5.4M | 2.7M | 1.1M |
| Property, plant & equipment | 1.6M | 1.5M | 1.4M | 1.2M | 1.1M | 1M | 931K | 822K | 719K | 612K | 510K | 401K |
| Goodwill & intangibles | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | 6.4M | 3.7M | 3M | 2.7M | 2.9M | 6.3M | 3.7M | 2.2M | 2.1M | 6.1M | 3.4M | 1.7M |
| Accounts payable | 686K | 507K | 890K | 1M | 1.4M | 569K | 385K | 818K | 1.2M | 1.1M | 641K | 820K |
| Short-term debt | 340K | 321K | 333K | 345K | 358K | 371K | 385K | 398K | 412K | 427K | 442K | 412K |
| Total current liabilities | 3.6M | 3.3M | 3.6M | 4.1M | 4.1M | 2.8M | 2.3M | 3.2M | 3.6M | 3.3M | 2.4M | 2.8M |
| Long-term debt | 1.1M | 1.1M | 982K | 883K | 780K | 674K | 566K | 452K | 333K | 211K | 86K | 0 |
| Total liabilities | 4.8M | 4.4M | 4.6M | 5M | 4.9M | 3.5M | 2.9M | 3.7M | 4M | 3.5M | 2.5M | 2.8M |
| Shareholders' equity | 1.6M | -660K | -1.6M | -2.3M | -2M | 2.8M | 837K | -1.5M | -1.9M | 2.6M | 895K | -1.1M |
| Total debt | 1.5M | 1.4M | 1.3M | 1.2M | 1.1M | 1M | 951K | 850K | 745K | 638K | 528K | 412K |
| Net debt | -2.8M | -437K | 212K | 279K | -283K | -3.9M | -1.4M | -99K | -235K | -4.6M | -2M | -539K |
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 | -10.3M | -12.3M | -14M | -14.7M | -15M | -12.6M | -11.9M | -11.6M | -7.9M | -8.2M |
| Depreciation & amortization | 39K | 78K | 88K | 111K | 68K | 60K | 82K | 84K | 67K | 24K |
| Stock-based compensation | 942K | 2.7M | 2.8M | 2.7M | 3M | 1.7M | 1.2M | 1M | 741K | 430K |
| Change in working capital | 394K | 421K | -80K | 774K | -905K | 566K | -793K | -335K | -583K | -357K |
| Operating cash flow | -7.2M | -9.1M | -11.2M | -11M | -12.9M | -10.3M | -11.4M | -10.8M | -7.7M | -7.4M |
| Capital expenditure | 0 | -136K | -66K | -146K | -32K | -116K | -70K | -12K | -6K | — |
| Investing cash flow | 37.8M | -136K | -66K | -146K | -32K | -116K | -70K | -12K | -6K | — |
| Dividends paid | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | 4.4M | 0 | 3.8M | 9.8M | 28.2M | 1.9M | 5.1M | 3.7M | 9.3M | 7.6M |
| Net change in cash | 35M | -9.2M | -7.5M | -1.3M | 15.3M | -8.5M | -6.4M | -7.1M | 1.6M | 127K |
| Free cash flow | -5.5M | -8.8M | -11.1M | -9.6M | -12.4M | -10.5M | -10.6M | -10M | -8M | -7.4M |
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 | Q2 23 | Q3 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income | -3.4M | -2.6M | -2.1M | -2.3M | -1.6M | -1.7M | -2.3M | -2.7M | -2M | -1.5M | -2M | -2.3M |
| Depreciation & amortization | 21K | 21K | 20K | 19K | 17K | 16K | 15K | 12K | 5K | 4K | 3K | 3K |
| Stock-based compensation | 317K | 251K | 184K | 204K | 184K | 177K | 176K | 170K | 98K | 77K | 85K | 113K |
| Change in working capital | -322K | -506K | 166K | 97K | 374K | -819K | -235K | 321K | 228K | -310K | -572K | 119K |
| Operating cash flow | -3.4M | -2.8M | -1.7M | -1.9M | -1.1M | -2.4M | -2.3M | -2.2M | -1.6M | -1.7M | -2.5M | -1.7M |
| Capital expenditure | -2K | 0 | 0 | 0 | -3K | -2K | -1K | — | — | — | — | — |
| Investing cash flow | -2K | 0 | 0 | 0 | -3K | -2K | -1K | — | — | — | — | — |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | 2.6M | -58K | 1.1M | 1.4M | 1.8M | 6.1M | 15K | 196K | 1.7M | 6M | -293K | 117K |
| Net change in cash | -809K | -2.9M | -583K | -571K | 713K | 3.8M | -2.3M | -2M | 32K | 4.3M | -2.8M | -1.5M |
| Free cash flow | -3.2M | -2.4M | -1.9M | -1.5M | -1.3M | -2.6M | -2.6M | -1.6M | -1.6M | -1.7M | -2.5M | -1.7M |
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 | — | — | 46.1M | — | — | — | 37M | — | — | — | 16.5M |
| Enterprise value | — | — | 40.7M | — | — | — | 31.3M | — | — | — | 12.7M |
| Shares outstanding | 62K | 282.7K | 284.3K | 376.3K | 674.6K | 1.1M | 1.2M | 1.4M | 2.7M | 6.7M | 6.7M |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | — | — | — | — | -0.89 |
| P/S | — | — | 73.7 | — | — | — | 27.4 | — | — | — | — |
| P/B | — | — | 12.1 | — | — | — | 7.57 | — | — | — | 6.06 |
| EV/EBITDA | — | — | -2.93 | — | — | — | -2.65 | — | — | — | -1.72 |
| EV/Sales | — | — | 65.1 | — | — | — | 23.2 | — | — | — | — |
| Earnings yield | — | — | — | — | — | — | — | — | — | — | -112.8% |
| FCF yield | — | — | -24.2% | — | — | — | -28.7% | — | — | — | -34.3% |
| PEG | — | — | — | — | — | — | — | — | — | — | 0.01 |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross margin | -29.5% | -44.1% | 17.3% | 49.6% | 97.2% | 100% | — | — | — | — | — |
| Operating margin | -1.3K% | -2.6K% | -2.3K% | -2K% | -10.7K% | -1.2K% | -880.3% | -2.4K% | -13.8K% | — | 0% |
| Net margin | -1.8K% | -2.6K% | -2.2K% | -2.1K% | -10.3K% | -1.2K% | -880.7% | -2.4K% | -13.7K% | — | 0% |
| ROE | -50.1% | -110.6% | -368.9% | -620.6% | -78.2% | -121.7% | -243.4% | 721.8% | -949.3% | -919.3% | -1.8K% |
| ROA | -46.7% | -90.9% | -218% | -191.6% | -64.1% | -80.3% | -121.6% | -387.2% | -213.4% | -241.1% | -135% |
| Return on tangible assets | -46.7% | -90.9% | -218% | -191.6% | -64.1% | -80.3% | -121.6% | -387.2% | -213.4% | -241.1% | -454.1% |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current ratio | 15.2 | 5.71 | 2.44 | 1.59 | 5.33 | 3.63 | 2.19 | 0.4 | 1.13 | 1.12 | 2.09 |
| Quick ratio | 15.1 | 5.63 | 2.39 | 1.59 | 5.33 | 3.63 | 2.19 | 0.4 | 1.13 | 1.12 | 0.41 |
| Debt / equity | 0 | — | 0 | 0.48 | 0.03 | 0.18 | 0.33 | -0.82 | 1.14 | 0.59 | 0.11 |
| Debt / assets | 0 | — | 0 | 0.15 | 0.03 | 0.12 | 0.17 | 0.44 | 0.26 | 0.15 | 0.24 |
| Net debt / EBITDA | 2.82 | — | 0.39 | 0.32 | 1.35 | 0.88 | 0.48 | -0.02 | 0.18 | 0.24 | 0.07 |
| Interest coverage | -4.94 | — | — | -130.3 | -5K | — | — | — | — | — | — |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue per share | 9.29 | 1.69 | 2.2 | 1.89 | 0.21 | 0.9 | 1.14 | 0.34 | 0.02 | 0 | 0 |
| EPS (basic) | -166.1 | -43.5 | -49.2 | -39.1 | -22.2 | -11.3 | -10.1 | -8.25 | -2.9 | -1.23 | -1.23 |
| EPS (diluted) | -166.1 | -43.5 | -49.2 | -39.1 | -22.2 | -11.3 | -10.1 | -8.25 | -2.9 | -1.23 | -0.59 |
| Book value per share | 332 | 39.4 | 13.3 | 6.3 | 28.4 | 9.2 | 4.14 | -1.14 | 0.31 | 0.13 | 0.18 |
| FCF per share | -89.1 | -31.2 | -39.2 | -25.5 | -18.4 | -9.29 | -9 | -7.07 | -2.93 | -1.12 | -0.69 |
| Cash per share | 344.5 | 44.9 | 18.8 | 14.8 | 31.7 | 11.4 | 6.23 | 0.78 | 0.86 | 0.37 | 0.27 |
| Capex per share | 0 | 0.48 | 0.23 | 0.39 | 0.05 | 0.1 | 0.06 | 0.01 | 0 | — | — |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Capex / revenue | 0% | 28.4% | 10.6% | 20.6% | 22.1% | 11.4% | 5.18% | 2.52% | 10.3% | — | — |
| Capex / operating cash flow | 0% | -1.49% | -0.59% | -1.33% | -0.25% | -1.12% | -0.61% | -0.11% | -0.08% | — | — |
| Payout ratio | — | — | — | — | — | — | — | — | — | — | 0% |