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 23 | -$1.4K | -$2.8K | -109.4% | — | $0 | — |
| Q3 23 | -$0.81 | -$2.08 | -156.8% | — | $0 | — |
| Q2 23 | -$1.5 | -$2.75 | -83.3% | — | $0 | — |
| Q1 23 | -$0.06 | -$0.12 | -100.0% | — | $0 | — |
| Q4 22 | $0.04 | -$0.12 | -400.0% | — | $0 | — |
| Q3 22 | -$0.08 | -$0.15 | -87.5% | — | $0 | — |
| Q2 22 | -$0.08 | -$0.1 | -25.0% | — | $249K | — |
| Q1 22 | -$0.11 | -$0.1 | +9.1% | — | $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 | — | -$15.3 | — | — | $0 | — |
| FY24 | — | -$456.8 | — | — | $0 | — |
| FY23 | — | -$72.6 | — | — | $0 | — |
| FY22 | — | -$73.6 | — | — | $249K | — |
| FY21 | — | -$65.6 | — | — |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | $249K | $0 | $0 | $0 |
| YoY change | — | 0% | 0% | +InfinityT% | -100% | 0% | 0% |
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 |
|---|
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 249K | 0 | 0 | 0 |
| Cost of revenue | — | — | 0 | 200.1K | 0 | — | — |
| Gross profit | — | — | 0 | 48.9K | 0 | — | — |
| Gross margin | — | — | — | 19.6% | — | — | — |
| Research & development | 454.6K | 527.3K | 1.1M | 4.2M | 5.7M | 3.5M | 3M |
| Selling, general & administrative | 1.2M | 669.1K | 2.1M | 5.2M | 4.6M | 3.7M | 3.9M |
| Operating expenses | 1.6M | 1.2M | 3.2M | 9.4M | 10.3M | 7.2M | 7M |
| Operating income | -1.6M | -1.2M | -3.2M | -9.3M | -10.3M | -7.2M | -7M |
| Operating margin | — | — | — | -3.7K% | — | — | — |
| Non-operating income, net | 759.3K | 65.1K | 34.3K | -68.8K | 192.4K | 129K | 7.8K |
| Pretax income | -819.8K | -1.2M | -3.5M | -9.3M | -10M | -7.7M | -6.8M |
| Income tax | — | — | — | — | — | — | — |
| Net income | -819.8K | -1.2M | -3.5M | -9.3M | -10M | -7.7M | -6.8M |
| Net margin | — | — | — | -3.7K% | — | — | — |
| EBITDA | -1.5M | -1M | -3M | -8.8M | -9.5M | -6.7M | -6.7M |
| EPS | -10.3 | -14.6 | -65.6 | -73.6 | -72.6 | -456.8 | -15.3 |
| Diluted EPS | -10.3 | -14.6 | -65.6 | -73.6 | -72.6 | -456.8 | -15.3 |
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 | 0 | 0 | 0 | 0 | 0 |
| Cost of revenue | 0 | 0 | — | — | — | — | — | — | — | — | — | — |
| Gross profit | 0 | 0 | — | — | — | — | — | — | — | — | — | — |
| Gross margin | — | — | — | — | — | — | — | — | — | — | — | — |
| Research & development | 1.4M | 1.3M | 1.3M | 1M | 551.7K | 554K | 784.8K | 889.9K | 785.6K | 586.1K | 811.8K | 1.4M |
| Selling, general & administrative | 943.9K | 1.1M | 1.1M | 862.8K | 810K | 930.6K | 1.1M | 1.1M | 831.3K | 875.6K | 1.1M | 911.3K |
| Operating expenses | 2.3M | 2.4M | 2.4M | 1.9M | 1.4M | 1.5M | 1.9M | 2M | 1.6M | 1.5M | 1.9M | 2.3M |
| Operating income | -2.3M | -2.4M | -2.4M | -1.9M | -1.4M | -1.5M | -1.9M | -2M | -1.6M | -1.5M | -1.9M | -2.3M |
| Operating margin | — | — | — | — | — | — | — | — | — | — | — | — |
| Non-operating income, net | 43.2K | -80.9K | 99.6K | 46.4K | 70.3K | -92.4K | 6.7K | -275 | 554 | 579 | 731 | 282 |
| Pretax income | -2.3M | -2.3M | -2.3M | -2.5M | -1.5M | -1.4M | -1.9M | -2M | -1.6M | -1.4M | -1.9M | -2.3M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — |
| Net income | -2.3M | -2.3M | -2.3M | -2.5M | -1.5M | -1.4M | -1.9M | -2M | -1.6M | -1.4M | -1.9M | -2.3M |
| Net margin | — | — | — | — | — | — | — | — | — | — | — | — |
| EBITDA | -2M | -2.3M | -2.4M | -1.8M | -1.2M | -1.4M | -1.8M | -1.9M | -1.6M | -1.4M | -1.9M | -2.3M |
| EPS | -16.7 | — | -396 | -256 | -8 | — | -13.5 | -5.64 | -4.04 | — | -1.95 | -1.12 |
| Diluted EPS | -16.7 | — | -396 | -256 | -8 | — | -13.5 | -5.64 | -4.04 | — | -1.95 | -1.12 |
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 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Market cap | — | — | — | — | — | — | — | 993.3K |
| Enterprise value | — | — | — | — | — | — | — | -5.4M |
| Shares outstanding | 79.3K | 79.3K | 53.3K | 126K | 137.1K | 45.8K | 449K | 449K |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | — | 0 |
| P/B | — | — | — | — | — | — | — | 0.19 |
| EV/EBITDA | — | — | — | — | — | — | — | 0.75 |
| Earnings yield | — | — | — | — | — | — | — | 34.6K% |
| FCF yield | — | — | — | — | — | — | — | -356.9% |
| PEG | — | — | — | — | — | — | — | -0 |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Gross margin | — | — | — | 19.6% | — | — | — | — |
| Operating margin | — | — | — | -3.7K% | — | — | — | 0% |
| Net margin | — | — | — | -3.7K% | — | — | — | 0% |
| ROE | 28% | 27.5% | -17.1% | -80.6% | -343.8% | -134.7% | -114.6% | -98.9% |
| ROA | -89.5% | -76.3% | -16.6% | -68.8% | -204.5% | -115.9% | -96.2% | -51.1% |
| Return on tangible assets | -90.4% | -76.8% | -16.6% | -68.8% | -204.5% | -115.9% | -96.2% | -63% |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Current ratio | 0.52 | 0.57 | 32.4 | 7.19 | 1.82 | 6.05 | 4.88 | 4.64 |
| Quick ratio | 0.31 | 0.53 | 32.4 | 7.19 | 1.82 | 6.05 | 4.88 | 4.64 |
| Debt / equity | -0.36 | -0.25 | 0 | 0.04 | 0.12 | 0.04 | 0.02 | 0.01 |
| Debt / assets | 1.17 | 0.7 | 0 | 0.04 | 0.07 | 0.03 | 0.02 | 0.01 |
| Net debt / EBITDA | -0.65 | -0.14 | 6.4 | 1.1 | 0.19 | 0.61 | 0.76 | 1.34 |
| Interest coverage | — | -41.9 | -8.49 | — | — | -8.38 | -8.2K | -8.2K |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Revenue per share | 0 | 0 | 0 | 1.98 | 0 | 0 | 0 | 0 |
| EPS (basic) | -10.3 | -14.6 | -65.6 | -73.6 | -72.6 | -456.8 | -15.3 | -15.3 |
| EPS (diluted) | -10.3 | -14.6 | -65.6 | -73.6 | -72.6 | -456.8 | -15.3 | -2.27 |
| Book value per share | -37 | -53 | 382.6 | 91.6 | 21.1 | 125 | 13.3 | 4.75 |
| FCF per share | -21.4 | -6.41 | -82.4 | -70.9 | -65.8 | -177.2 | -13.9 | -3 |
| Cash per share | 1.21 | 11.5 | 357.6 | 80.3 | 16.1 | 93.8 | 11.5 | 2.15 |
| Capex per share | 0.08 | 0 | 0.45 | 9.52 | 5.14 | 6.69 | — | — |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Capex / revenue | — | — | — | 481.6% | — | — | — | — |
| Capex / operating cash flow | -0.36% | 0% | -0.78% | -14.5% | -7.64% | -4.22% | — | — |
| Payout ratio | — | — | — | — | — | — | — | 0% |
| $0 |
| — |
| FY20 | — | -$14.6 | — | — | $0 | — |
| FY19 | — | -$10.3 | — | — | $0 | — |
| 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 | $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 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 96K | 912.4K | 19M | 10.1M | 2.2M | 4.3M | 5.2M |
| Receivables | 645 | 0 | — | — | — | — | — |
| Inventory | 123.5K | 84.8K | 0 | — | — | — | — |
| Total current assets | 300.3K | 1.1M | 20.7M | 11.8M | 3.2M | 4.9M | 5.5M |
| Property, plant & equipment | 611.6K | 454.5K | 332.7K | 1.7M | 1.6M | 1.7M | 1.6M |
| Goodwill & intangibles | 9.2K | 9.2K | 9.2K | 8.9K | — | — | — |
| Total assets | 916.5K | 1.5M | 21M | 13.5M | 4.9M | 6.7M | 7.1M |
| Accounts payable | 29.1K | 374.9K | 295.8K | 635.8K | 491.5K | 145.1K | 214.3K |
| Short-term debt | 265K | 1.1M | — | 168.7K | 163K | 113.3K | 100K |
| Total current liabilities | 576.5K | 1.8M | 637.2K | 1.6M | 1.8M | 810.4K | 1.1M |
| Long-term debt | 804.3K | — | 0 | 323.9K | 190K | 109K | 20.2K |
| Total liabilities | 3.8M | 5.7M | 637.2K | 2M | 2M | 927.9K | 1.1M |
| Shareholders' equity | -2.9M | -4.2M | 20.4M | 11.5M | 2.9M | 5.7M | 6M |
| Total debt | 1.1M | 1.1M | 0 | 492.6K | 353K | 222.2K | 120.2K |
| Net debt | 973.3K | 143.6K | -19M | -9.6M | -1.9M | -4.1M | -5M |
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 | 5.1M | 2.2M | 2.7M | 8.1M | 5.8M | 4.3M | 3.1M | 4.4M | 3.1M | 5.2M | 3.7M | 9.6M |
| Receivables | — | — | — | — | — | — | — | — | — | — | — | — |
| Inventory | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 6.5M | 3.2M | 3.4M | 9M | 6.6M | 4.9M | 3.6M | 4.7M | 3.4M | 5.5M | 4M | 9.8M |
| Property, plant & equipment | 1.3M | 1.6M | 1.3M | 1.8M | 1.8M | 1.7M | 1.7M | 1.6M | 1.5M | 1.6M | 1.6M | 1.7M |
| Goodwill & intangibles | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | 8.2M | 4.9M | 5.1M | 10.9M | 8.4M | 6.7M | 5.3M | 6.4M | 4.9M | 7.1M | 5.6M | 11.5M |
| Accounts payable | 755.9K | 491.5K | 271.8K | 490.1K | 316.6K | 145.1K | 519.5K | 108.8K | 161.2K | 214.3K | 220.3K | 674.1K |
| Short-term debt | 168.7K | 163K | 145.8K | 276.1K | 111.5K | 113.3K | 100K | 100K | 100K | 100K | 97K | 73.4K |
| Total current liabilities | 2.8M | 1.8M | 1.5M | 2.1M | 1M | 810.4K | 1.3M | 1M | 1.1M | 1.1M | 1.4M | 2.1M |
| Long-term debt | 220.1K | 190K | 170.7K | 150.8K | 130.2K | 109K | 87.4K | 72K | 48.6K | 20.2K | 0 | 0 |
| Total liabilities | 3M | 2M | 1.7M | 2.2M | 1.2M | 927.9K | 1.4M | 1.1M | 1.2M | 1.1M | 1.4M | 2.1M |
| Shareholders' equity | 5.2M | 2.9M | 3.4M | 8.6M | 7.2M | 5.7M | 3.9M | 5.3M | 3.7M | 6M | 4.2M | 9.4M |
| Total debt | 388.8K | 353K | 316.5K | 426.9K | 241.7K | 222.2K | 187.4K | 172K | 148.6K | 120.2K | 97K | 73.4K |
| Net debt | -4.7M | -1.9M | -2.3M | -7.6M | -5.5M | -4.1M | -2.9M | -4.3M | -2.9M | -5M | -3.6M | -9.5M |
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 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|
| Net income | -819.8K | -1.2M | -3.5M | -9.3M | -10M | -7.7M | -6.8M |
| Depreciation & amortization | 143K | 157K | 145.7K | 306.4K | 781K | 199.1K | 170.7K |
| Stock-based compensation | 14.8K | 7.4K | 68.5K | 433K | 189.2K | 20.1K | 6 |
| Change in working capital | -189.7K | 385.2K | -15.4K | 284.7K | -229.2K | -87.9K | 96.5K |
| Operating cash flow | -1.7M | -762.2K | -3.1M | -8.3M | -9.2M | -7.3M | -6.1M |
| Capital expenditure | -6K | 0 | -23.9K | -1.2M | -704.2K | -306.8K | — |
| Investing cash flow | -6K | 0 | -23.9K | -1.2M | -704.2K | -306.8K | — |
| Dividends paid | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — |
| Financing cash flow | 1.5M | 1.3M | 22.5M | -20.8K | 1.1M | 10.2M | 7.1M |
| Net change in cash | -185.9K | 562.8K | 19.4M | -9.5M | -8.8M | 2.6M | 1M |
| Free cash flow | -1.7M | -508.7K | -4.4M | -8.9M | -9M | -8.1M | -6.2M |
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 | -2.3M | -2.3M | -2.3M | -2.5M | -1.5M | -1.4M | -1.9M | -2M | -1.6M | -1.4M | -1.9M | -2.3M |
| Depreciation & amortization | 270.8K | 56.3K | 54.3K | 53.7K | 53.6K | 37.5K | 51.9K | 38.4K | 31.6K | 48.8K | 49.6K | 50.4K |
| Stock-based compensation | -42.5K | -15.6K | 11.9K | 6K | 4.8K | -2.6K | 1.3K | -1.6K | 183 | 74 | 0 | 0 |
| Change in working capital | 450K | -253.1K | 28.4K | -14.7K | -403.4K | 29.5K | 375.2K | -398.4K | 65.8K | 53.9K | 3.1K | 458.4K |
| Operating cash flow | -1.6M | -2.5M | -2.2M | -1.8M | -1.3M | -1.9M | -1.4M | -2.1M | -1.4M | -1.5M | -1.6M | -1.5M |
| Capital expenditure | -74.5K | -87.9K | -35.4K | -270K | -227 | -1.1K | 0 | — | — | — | — | — |
| Investing cash flow | -74.5K | -87.9K | -35.4K | -270K | -227 | -1.1K | 0 | — | — | — | — | — |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | 1.2M | -3K | 2.8M | 5.5M | -871.8K | 286K | -985 | 3.8M | -1K | 3.7M | 123.9K | 8.5M |
| Net change in cash | -518.1K | -2.6M | 515.1K | 3.4M | -2.2M | -1.6M | -1.4M | 1.8M | -1.4M | 2.3M | -1.5M | 7M |
| Free cash flow | -1.2M | -2.9M | -2.3M | -2.1M | -1.9M | -1.7M | -1.2M | -2.1M | -1.4M | -1.6M | -1.6M | -1.6M |