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 % |
|---|---|---|---|---|---|---|
| Q4 25 | -$12.1 | $0.04 | +100.3% | — | — | — |
| Q3 25 | -$17.6 | -$16.4 | +6.8% | — | $0 | — |
| Q2 25 | -$19.4 | -$23.3 | -20.1% | — | $0 | — |
| Q1 25 | -$12 | -$33 | -175.0% | — | $0 | — |
| Q4 24 | -$78 | -$10.5 | +86.5% | — | $0 | — |
| Q3 24 | -$82.5 | $16.5 | +120.0% | — | $0 | — |
| Q2 24 | -$30 | -$106.5 | -255.0% | — | $0 | — |
| Q1 24 | -$0.18 | -$0.5 | -177.8% | — | $0 | — |
| Q4 23 | -$0.39 | -$0.15 | +61.5% | — | $0 | — |
| Q3 23 | -$53.3 | -$48 | +9.9% | — | $0 | — |
| Q2 23 | -$0.35 | -$0.77 | -120.0% | — | $0 | — |
| Q1 23 | -$0.33 | -$0.07 | +78.8% | — | $0 | — |
| Q4 22 | -$0.35 | -$1.02 | -191.4% | — | $0 | — |
| Q3 22 | -$0.17 | -$0.32 | -88.2% | — | $0 | — |
| Q2 22 | -$0.15 | -$0.24 | -60.0% | — | $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 | — | -$62.2 | — | — | — | — |
| FY24 | — | -$43.7 | — | — | $0 | — |
| FY23 | — | -$1.3 | — | — | $0 | — |
| FY22 | — | -$1.73 | — | — | $0 | — |
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 | — |
| YoY change | 0% | 0% | 0% | 0% | 0% | 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.
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 | — |
| Cost of revenue | — | — | — | — | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — | — | — | — | — |
| Gross margin | — | — | — | — | — | — | — | — | — | — |
| Research & development | 510K | 1.2M | 1.7M | 2.8M | 1.7M | 2M | 8M | 15.3M | 27.2M | — |
| Selling, general & administrative | 664.1K | 617.7K | 999.4K | 738.2K | 1.1M | 5M | 7.3M | 7.9M | 6.2M | — |
| Operating expenses | 1.2M | 1.8M | 2.7M | 3.6M | 2.8M | 7M | 15.3M | 23.3M | 33.3M | — |
| Operating income | -1.2M | -1.8M | -2.7M | -3.6M | -2.8M | -7M | -15.3M | -23.3M | -33.3M | — |
| Operating margin | — | — | — | — | — | — | — | — | — | — |
| Non-operating income, net | -22.8K | -5K | -233.6K | 259.4K | -55.6K | -6.8M | -11.7M | 2.1M | 28.1M | — |
| Pretax income | -1.2M | -1.8M | -2.9M | -3.3M | -2.8M | -13.8M | -26.8M | -20.3M | -4.9M | — |
| Income tax | — | — | — | — | — | — | — | — | — | — |
| Net income | -1.2M | -1.8M | -2.9M | -3.3M | -2.8M | -13.8M | -26.8M | -20.3M | -4.9M | — |
| Net margin | — | — | — | — | — | — | — | — | — | — |
| EBITDA | -1.2M | -1.8M | -2.9M | -3.3M | -2.8M | -7M | -15.1M | -25.3M | -33.1M | — |
| EPS | -9.19 | -7.22 | -0.03 | -8.13 | -5.64 | -0.09 | -1.73 | -1.3 | -43.7 | -62.2 |
| Diluted EPS | -9.19 | -7.22 | -0.03 | -8.13 | -5.64 | -0.09 | -1.73 | -1.3 | -43.7 | -62.2 |
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 | Q1 26 | Q2 26 | Q3 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost of revenue | — | — | — | — | — | — | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — | — | — | — | — | — | — |
| Gross margin | — | — | — | — | — | — | — | — | — | — | — | — |
| Research & development | 3.9M | 5.2M | 6.9M | 8.3M | 7.7M | 4.4M | 3.7M | 5.7M | 4.8M | 6.7M | 6.1M | 6M |
| Selling, general & administrative | 1.8M | 2.5M | 1.6M | 1.6M | 1.6M | 1.4M | 1.5M | 1.5M | 1.5M | 1.6M | 1.5M | 1.7M |
| Operating expenses | 5.7M | 7.7M | 8.5M | 9.8M | 9.2M | 5.8M | 5.2M | 7.2M | 6.3M | 8.3M | 7.5M | 7.6M |
| Operating income | -5.7M | -7.7M | -8.5M | -9.8M | -9.2M | -5.8M | -5.2M | -7.2M | -6.3M | -8.3M | -7.5M | -7.6M |
| Operating margin | — | — | — | — | — | — | — | — | — | — | — | — |
| Non-operating income, net | 528.1K | 5.1M | 14.3M | -1.6M | 10.9M | 4.5M | -689.5K | 784.8K | 113.7K | -3.9K | 128.7K | 194.2K |
| Pretax income | -4.9M | -2.4M | 6M | -11.3M | 1.7M | -1.2M | -5.8M | -6.3M | -6.2M | -8.3M | -7.3M | -7.2M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — |
| Net income | -4.9M | -2.4M | 6M | -11.3M | 1.7M | -1.2M | -5.8M | -6.3M | -6.2M | -8.3M | -7.3M | -7.2M |
| Net margin | — | — | — | — | — | — | — | — | — | — | — | — |
| EBITDA | -6.2M | -7.5M | -22.8M | -8.3M | -20.2M | -10.3M | -4.5M | -8M | -6.3M | -8.3M | -7.7M | -7.4M |
| EPS | -0.32 | — | 0.38 | -0.71 | 1.65 | — | -33 | -23.3 | -16.4 | -4.35 | -2.58 | -0.99 |
| Diluted EPS | -0.32 | — | -0.5 | -0.71 | 1.65 | — | -33 | -23.3 | -16.4 | -4.35 | -2.58 | -0.99 |
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 | — | — | — | — | — | — | — | 1B | — | — | 36.2M |
| Enterprise value | — | — | — | — | — | — | — | 1B | — | — | 12.7M |
| Shares outstanding | 288.4K | 339.7K | 427.8K | 579.7K | 713.9K | 4.5M | 15.5M | 15.6M | 109.7K | 423.1K | 423.1K |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | — | — | — | — | -0.06 |
| P/B | — | — | — | — | — | — | — | -276.6 | — | — | 1.25 |
| EV/EBITDA | — | — | — | — | — | — | — | -40.4 | — | — | -0.4 |
| Earnings yield | — | — | — | — | — | — | — | — | — | — | -1.5K% |
| FCF yield | — | — | — | — | — | — | — | -2.27% | — | — | -55.4% |
| PEG | — | — | — | — | — | — | — | — | — | — | 0 |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | — | — | — | — | — | — | 0% |
| Net margin | — | — | — | — | — | — | — | — | — | — | 0% |
| ROE | -215.4% | -344.4% | -439.6% | 684.3% | 111.9% | -49.9% | -259.8% | 537.5% | 183.7% | — | -175.3% |
| ROA | -202.9% | -157.9% | -181.8% | -1.1K% | -770.5% | -23.8% | -63% | -74.7% | -84% | — | -90.8% |
| Return on tangible assets | -202.9% | -157.9% | -239.4% | 4.4K% | -673.9K% | -24% | -63.7% | -75.9% | -90.1% | — | -108% |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current ratio | 17.2 | 1.84 | 1.4 | 0.15 | 0.07 | 103.8 | 45 | 15 | 0.49 | — | 7.07 |
| Quick ratio | 17.2 | 1.84 | 1.4 | 0.15 | 0.07 | 103.8 | 45 | 15 | 0.49 | — | 7.07 |
| Debt / equity | — | — | 1.19 | -0.47 | -0.13 | 0 | — | — | — | — | 0 |
| Debt / assets | — | — | 0.49 | 0.73 | 0.9 | 0 | — | — | — | — | — |
| Net debt / EBITDA | — | — | 0.15 | -0.04 | -0.11 | 8.23 | — | — | — | — | 0.71 |
| Interest coverage | — | — | -264.8 | -183.9 | -135.5 | -174.9 | -27.4K | — | — | — | — |
| 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 |
| EPS (basic) | -9.19 | -7.22 | -0.03 | -8.13 | -5.64 | -0.09 | -1.73 | -1.3 | -43.7 | -62.2 | -62.2 |
| EPS (diluted) | -9.19 | -7.22 | -0.03 | -8.13 | -5.64 | -0.09 | -1.73 | -1.3 | -43.7 | -62.2 | -0.78 |
| Book value per share | 1.92 | 1.56 | 1.56 | -0.84 | -3.55 | 6.12 | 0.67 | -0.24 | -24.5 | — | 3.32 |
| FCF per share | -2.93 | -3.19 | -6.27 | -5.04 | -1.25 | -1.71 | -0.81 | -1.52 | -224.1 | — | -4.14 |
| Cash per share | 2.01 | 3.35 | 2.88 | 0.19 | 0.02 | 12.7 | 2.65 | 1.36 | 7.86 | — | 2.62 |
| Capex per share | 0 | — | — | — | — | — | — | 0 | 4.16 | — | — |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Capex / operating cash flow | 0% | — | — | — | — | — | — | 0% | 20.1% | — | — |
| Payout ratio | — | — | — | — | — | — | — | — | — | — | 0% |
| FY21 | — | -$0.09 | — | — | $0 | — |
| FY20 | — | -$5.64 | — | — | $0 | — |
| FY19 | — | -$8.13 | — | — | $0 | — |
| FY18 | — | -$0.03 | — | — | $0 | — |
| FY17 | — | -$7.22 | — | — | $0 | — |
| FY16 | — | -$9.19 | — | — | $0 | — |
| Period | Q3 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q1 26 | Q2 26 | Q3 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| YoY change | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 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 | FY15 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 851.9K | 578.5K | 1.1M | 1.2M | 110.7K | 15K | 57.3M | 41M | 21.3M | 862.1K |
| Receivables | 19.1K | 1.9K | 3.9K | 10.3K | 2K | 15.9K | 12.6K | 24.1K | 18.9K | — |
| Inventory | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 878.3K | 587.5K | 1.2M | 1.3M | 118.8K | 184.3K | 57.8M | 42.3M | 26.9M | 3.7M |
| Property, plant & equipment | 1.3K | 449 | 0 | — | — | — | — | — | 0 | 388.2K |
| Goodwill & intangibles | 0 | 0 | 0 | 387.4K | 389.3K | 367.8K | 491.2K | 460.7K | 430.1K | 399.6K |
| Total assets | 899.7K | 589.1K | 1.2M | 1.6M | 313.5K | 368.2K | 58M | 42.6M | 27.2M | 5.9M |
| Accounts payable | — | — | — | — | — | — | 214.1K | 463.3K | 1.1M | 7.2M |
| Short-term debt | — | — | — | 790K | 227.4K | 176.1K | — | — | — | — |
| Total current liabilities | 82.6K | 34.3K | 624.5K | 944.6K | 799K | 2.8M | 556.8K | 941.1K | 1.8M | 7.5M |
| Long-term debt | — | — | — | — | — | 155.9K | 26K | — | — | — |
| Total liabilities | 82.6K | 34.3K | 624.5K | 944.6K | 799K | 2.9M | 30.4M | 32.2M | 30.9M | 8.6M |
| Shareholders' equity | 817.1K | 554.9K | 528.9K | 666.2K | -485.5K | -2.5M | 27.7M | 10.3M | -3.8M | -2.7M |
| Total debt | — | — | — | 790K | 227.4K | 332K | 26K | — | — | — |
| Net debt | — | — | — | 282.3K | 116.7K | 317.1K | -57.2M | — | — | — |
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 | Q3 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q1 26 | Q2 26 | Q3 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 28.2M | 21.3M | 13.6M | 6.2M | 935.7K | 862.1K | 5.8M | 5M | 12.5M | 10.2M | 29.9M | 22.8M |
| Receivables | 14.9K | 18.9K | 21.4K | 30.1K | 15.2K | — | 2.4M | 2.1M | 2.3M | 1.2M | 2.3M | 2.6M |
| Inventory | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 29.5M | 26.9M | 18.4M | 11.7M | 5.5M | 3.7M | 8.2M | 7.2M | 14.8M | 11.3M | 32.2M | 25.4M |
| Property, plant & equipment | — | 0 | — | — | — | 388.2K | — | — | — | — | — | — |
| Goodwill & intangibles | 218.9K | 430.1K | 211.3K | 207.4K | 203.6K | 399.6K | 196K | 192.2K | 188.3K | 180.7K | 176.9K | 173.1K |
| Total assets | 29.7M | 27.2M | 18.6M | 12.2M | 6.2M | 5.9M | 10.4M | 9.4M | 17M | 13.1M | 33.6M | 27.1M |
| Accounts payable | 995.3K | 1.1M | 433.9K | 3.7M | 6.4M | 7.2M | 4.2M | 5M | 3.3M | 2.1M | 1.9M | 2.2M |
| Short-term debt | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current liabilities | 1.4M | 1.8M | 1M | 3.9M | 6.8M | 7.5M | 5M | 5.2M | 4.3M | 3.3M | 3.2M | 3.6M |
| Long-term debt | — | — | — | — | — | — | — | — | — | — | — | — |
| Total liabilities | 35.6M | 30.9M | 16.1M | 20.5M | 12.4M | 8.6M | 6.7M | 6.1M | 5.1M | 3.7M | 3.4M | 3.7M |
| Shareholders' equity | -5.9M | -3.8M | 2.5M | -8.3M | -6.2M | -2.7M | 3.7M | 3.2M | 11.9M | 9.4M | 30.2M | 23.4M |
| 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 | FY15 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net income | -1.9M | -1.2M | -1.8M | -2.9M | -3.3M | -2.8M | -13.8M | -26.8M | -20.3M | -4.9M |
| Depreciation & amortization | 305 | 639 | 163 | 9.1K | 10.8K | 10.8K | 15.3K | 15.3K | 15.3K | 83.9K |
| Stock-based compensation | 325.8K | 349.8K | 153.9K | 257.7K | 34.8K | 1.2K | 2M | 3.1M | 2.2M | 1.8M |
| Change in working capital | 30.4K | 32.9K | -2K | -220K | 130.8K | -15.9K | -1.4M | 237.6K | 665.7K | 5.3M |
| Operating cash flow | -630.7K | -812K | -1.7M | -2.7M | -3.4M | -2.8M | -11.4M | -23.5M | -17.4M | 2.3M |
| Capital expenditure | -1.2K | 0 | — | — | — | — | — | — | 0 | -456.8K |
| Investing cash flow | -472.4K | 158.8K | 120.4K | -319.8K | — | — | — | — | 0 | -681.8K |
| Dividends paid | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | 0 | -10.2M | -47.3K | 0 |
| Financing cash flow | 985.4K | 563.4K | 1.6M | 2.1M | 1.5M | 827.7K | 51M | -10.3M | 4M | 4.4M |
| Net change in cash | -117.7K | -89.9K | 39.2K | -871.4K | -1.9M | -2M | 39.6M | -33.8M | -13.5M | 6M |
| Free cash flow | -660.6K | -845.3K | -1.1M | -2.7M | -2.9M | -892.4K | -7.8M | -12.5M | -23.7M | -24.6M |
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 | Q1 26 | Q2 26 | Q3 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income | -4.9M | -2.4M | 6M | -11.3M | 1.7M | -1.2M | -5.8M | -6.3M | -6.2M | -8.3M | -7.3M | -7.2M |
| Depreciation & amortization | 3.8K | 3.8K | 3.8K | 3.8K | 3.8K | 72.4K | 26.7K | 26.7K | 26.7K | 26.7K | 26.7K | 33K |
| Stock-based compensation | 281.2K | 533.8K | 533.8K | 500.2K | 392.2K | 377.9K | 267K | 285.1K | 224.8K | 294.7K | 285.9K | 432.2K |
| Change in working capital | 406.8K | 124.5K | -692.4K | 3.3M | 2.7M | 12.2K | -2.2M | 1.1M | -1.6M | -266.9K | -1M | -18.7K |
| Operating cash flow | -4.2M | -1.8M | 5.8M | -7.6M | 4.8M | -786.3K | -7.7M | -4.9M | -7.6M | -7.7M | -8M | -7M |
| Capital expenditure | — | — | — | — | — | — | — | — | — | — | — | — |
| Investing cash flow | 0 | — | 0 | 0 | -225K | 0 | -75K | -75K | -105K | -75K | -90K | -95K |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | 0 | 0 | 0 | 0 | 0 | 0 | — | — | — | — | — | — |
| Financing cash flow | 0 | 0 | 0 | 0 | 0 | 0 | 11.7M | 4.7M | 14.7M | 0 | 27.9M | 0 |
| Net change in cash | -4.2M | -1.8M | 5.8M | -7.6M | 4.6M | -786.3K | 3.9M | -284.7K | 7M | -7.8M | 19.8M | -7.1M |
| Free cash flow | -5.3M | -10.9M | -7.6M | -7.4M | -5.1M | -4.5M | -7M | -5.9M | -7.2M | -7.7M | -8M | -7.1M |