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 25 | -$0.4 | -$0.55 | -37.5% | — | $0 | — |
| Q1 25 | -$0.38 | -$0.4 | -5.3% | — | $0 | — |
| Q4 24 | -$0.37 | -$0.07 | +81.1% | — | $0 | — |
| Q3 24 | -$1.02 | -$0.7 | +31.4% | — | $0 | — |
| Q2 24 | -$1.54 | -$1.16 | +24.7% | — | $0 | — |
| Q1 24 | -$4.54 | -$4.88 | -7.5% | — | $0 | — |
| Q4 23 | -$5.4 | -$84.6 | -1466.7% | — | $0 | — |
| Q3 23 | -$0.34 | -$0.32 | +5.9% | — | $0 | — |
| Q2 23 | -$0.52 | -$0.53 | -1.9% | — | $0 | — |
| Q1 23 | -$0.45 | -$0.66 | -46.7% | — | $0 | — |
| Q4 22 | -$9 | -$10.6 | -17.8% | — | $0 | — |
| Q3 22 | -$0.45 | -$0.49 | -8.9% | — | $0 | — |
| Q2 22 | -$0.49 | -$0.42 | +14.3% | — | $0 | — |
| Q1 22 | -$0.45 | -$0.47 | -4.4% | — | $0 | — |
| Q4 21 | -$0.32 | -$0.59 | -84.4% | — | $0 | — |
| Q3 21 | -$0.33 | -$0.29 | +12.1% | — | $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 % |
|---|---|---|---|---|---|---|
| FY24 | — | -$4.12 | — | — | $0 | — |
| FY23 | — | -$33.6 | — | — | $0 | — |
| FY22 | — | -$38.1 | — | — | $0 | — |
| FY21 | — | -$31 | — | — | $0 | — |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | FY15 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $0 | $13K | $37K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| YoY change | 0% | +InfinityT% | +184.6% | -100% | 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 | FY15 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 13K | 37K | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost of revenue | 0 | — | — | — | — | — | — | — | — | — |
| Gross profit | 0 | — | — | — | — | — | — | — | — | — |
| Gross margin | — | — | — | — | — | — | — | — | — | — |
| Research & development | 3M | 5.5M | 5.5M | 4.6M | 4.6M | 6.6M | 5.9M | 9.2M | 11.6M | 7.3M |
| Selling, general & administrative | 2.5M | 3M | 3.5M | 3.4M | 4.1M | 4.3M | 4.5M | 4.7M | 4.2M | 4.7M |
| Operating expenses | 5.5M | 8.5M | 9M | 8M | 8.7M | 10.9M | 10.4M | 13.9M | 15.8M | 12M |
| Operating income | -5.5M | -8.5M | -9M | -8M | -8.7M | -10.9M | -10.4M | -13.9M | -15.8M | -12M |
| Operating margin | — | -65.2K% | -24.2K% | — | — | — | — | — | — | — |
| Non-operating income, net | 0 | 1.7M | 1.9M | -608K | — | — | — | — | -271K | 2.1M |
| Pretax income | -5.5M | -6.8M | -7M | -8.6M | -8.6M | -10.9M | -10.4M | -13.9M | -16.1M | -9.9M |
| Income tax | — | — | — | — | — | — | — | — | — | — |
| Net income | -5.5M | -6.8M | -7M | -8.6M | -8.6M | -10.9M | -10.4M | -13.9M | -16.1M | -9.9M |
| Net margin | — | -51.9K% | -19K% | — | — | — | — | — | — | — |
| EBITDA | -5.3M | -10M | -10.5M | -6.9M | -8.5M | -10.8M | -10.3M | -13.7M | -15.4M | -13.9M |
| EPS | -240 | -292 | -319.8 | -287.6 | -64.8 | -56.6 | -31 | -38.1 | -33.6 | -4.12 |
| Diluted EPS | -240 | -292 | -319.8 | -287.6 | -64.8 | -56.6 | -31 | -38.1 | -33.6 | -4.12 |
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | Q4 22 | Q1 23 | Q2 23 | Q3 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost of revenue | — | — | — | — | — | — | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — | — | — | — | — | — | — |
| Gross margin | — | — | — | — | — | — | — | — | — | — | — | — |
| Research & development | 2.9M | 4M | 3.1M | 2.3M | 2.3M | 2.3M | 1.9M | 1.3M | 1.8M | 2M | 4M | 275K |
| Selling, general & administrative | 1.1M | 1.3M | 1.2M | 984K | 757K | 1.4M | 1.2M | 1.3M | 808K | 1.3M | 514K | 213K |
| Operating expenses | 4M | 5.3M | 4.2M | 3.3M | 3M | 3.7M | 3M | 2.6M | 2.6M | 3.2M | 4.6M | 488K |
| Operating income | -4M | -5.3M | -4.2M | -3.3M | -3M | -3.7M | -3M | -2.6M | -2.6M | -3.2M | -4.6M | -488K |
| Operating margin | — | — | — | — | — | — | — | — | — | — | — | — |
| Non-operating income, net | — | — | — | 72K | -343K | 538K | 1.2M | 515K | -132K | 394K | — | -358K |
| Pretax income | -4M | -5.3M | -4.2M | -3.2M | -3.4M | -3.2M | -1.9M | -2.1M | -2.8M | -2.9M | -4.6M | -976K |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — |
| Net income | -4M | -5.3M | -4.2M | -3.2M | -3.4M | -3.2M | -1.9M | -2.1M | -2.8M | -2.9M | -4.6M | -976K |
| Net margin | — | — | — | — | — | — | — | — | — | — | — | — |
| EBITDA | -3.9M | -5.2M | -4.2M | -3.3M | -2.6M | -4.2M | -4.2M | -3.1M | -2.4M | -3.2M | -4.5M | -481K |
| EPS | — | -13.3 | -10.6 | -6.36 | — | -4.88 | -1.16 | -0.7 | — | -0.4 | -0.55 | -0.11 |
| Diluted EPS | — | -13.3 | -10.6 | -6.36 | — | -4.88 | -1.16 | -0.7 | — | -0.4 | -0.55 | -0.11 |
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 | FY15 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market cap | — | — | — | — | — | — | — | — | — | — | 25.1K |
| Enterprise value | — | — | — | — | — | — | — | — | — | — | 544.1K |
| Shares outstanding | 22.4K | 23.2K | 25.2K | 29.9K | 132.8K | 192.3K | 336.3K | 364K | 478K | 2.4M | 2.4M |
| Metric | FY15 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | — | — | — | — | 0.36 |
| P/B | — | — | — | — | — | — | — | — | — | — | -0 |
| EV/EBITDA | — | — | — | — | — | — | — | — | — | — | -0.31 |
| Earnings yield | — | — | — | — | — | — | — | — | — | — | 276.5% |
| FCF yield | — | — | — | — | — | — | — | — | — | — | 5.5K% |
| PEG | — | — | — | — | — | — | — | — | — | — | -0 |
| Metric | FY15 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating margin | — | -65.2K% | -24.2K% | — | — | — | — | — | — | — | 0% |
| Net margin | — | -51.9K% | -19K% | — | — | — | — | — | — | — | 0% |
| ROE | -55.7% | -81.9% | -87.1% | -704.7% | -40.8% | -72.2% | -41% | -97.8% | -3.6K% | -6.4K% | -6.4K% |
| ROA | -50.8% | -55.3% | -79.3% | -337.2% | -37.9% | -66.1% | -39.3% | -86.8% | -499.3% | -254.8% | -293.1% |
| Return on tangible assets | -63.8% | -65.3% | -95.9% | -337.2% | -37.9% | -66.1% | -39.3% | -86.8% | -499.3% | -254.8% | -1.3K% |
| Metric | FY15 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current ratio | 10.2 | 10.1 | 9.4 | 1.61 | 17.7 | 13.6 | 27.3 | 9.27 | 1.6 | 1.15 | 0 |
| Quick ratio | 10.2 | 10.1 | 9.4 | 1.61 | 17.7 | 13.6 | 27.3 | 9.27 | 1.6 | 1.15 | 0.07 |
| Debt / equity | — | — | — | 0 | 0.02 | 0.02 | 0.01 | 0.02 | 0.26 | 0.54 | -0 |
| Debt / assets | — | — | — | 0 | 0.02 | 0.02 | 0.01 | 0.01 | 0.04 | 0.02 | 0.75 |
| Net debt / EBITDA | — | — | — | 0.14 | 2.36 | 1.25 | 2.29 | 0.74 | 0.06 | 0.08 | -0.06 |
| Interest coverage | — | — | — | — | — | — | — | — | — | — | -43.6 |
| Metric | FY15 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue per share | 0 | 0.56 | 1.47 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (basic) | -240 | -292 | -319.8 | -287.6 | -64.8 | -56.6 | -31 | -38.1 | -33.6 | -4.12 | -4.12 |
| EPS (diluted) | -240 | -292 | -319.8 | -287.6 | -64.8 | -56.6 | -31 | -38.1 | -33.6 | -4.12 | -1.14 |
| Book value per share | 437.5 | 355.6 | 320.1 | 40.8 | 158.7 | 78.3 | 75.7 | 38.9 | 0.92 | 0.06 | -0.19 |
| FCF per share | -223 | -366.2 | -337.1 | -205.7 | -62.9 | -57 | -29.7 | -41.5 | -24.1 | -4.4 | -0.17 |
| Cash per share | 394.6 | 404.5 | 236.7 | 33.6 | 153.8 | 71.5 | 70.7 | 28.5 | 2.2 | 0.49 | 0 |
| Capex per share | 0 | 14.6 | 21.3 | 0.57 | 0 | 0 | 0.21 | 0.06 | 0 | — | — |
| Metric | FY15 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Capex / revenue | — | 2.6K% | 1.5K% | — | — | — | — | — | — | — | — |
| Capex / operating cash flow | 0% | -4.13% | -10.2% | -0.21% | 0% | 0% | -0.67% | -0.16% | 0% | — | — |
| Payout ratio | — | — | — | — | — | — | — | — | — | — | 0% |
| FY20 | — | -$56.6 | — | — | $0 | — |
| FY19 | — | -$64.8 | — | — | $0 | — |
| FY18 | — | -$287.6 | — | — | $0 | — |
| FY17 | — | -$319.8 | — | — | $37K | — |
| FY16 | — | -$292 | — | — | $13K | — |
| FY15 | — | -$240 | — | — | $0 | — |
| Period | Q4 22 | Q1 23 | Q2 23 | Q3 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 8.9M | 9.4M | 6M | 1M | 20.4M | 13.8M | 23.8M | 10.4M | 1.1M | 1.2M |
| Receivables | — | — | — | — | — | — | — | — | — | — |
| Inventory | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 9.6M | 10.7M | 7.4M | 2.1M | 22M | 16M | 26.1M | 15.6M | 3M | 3.8M |
| Property, plant & equipment | 72K | 614K | 654K | 406K | 670K | 519K | 428K | 356K | 178K | 107K |
| Goodwill & intangibles | 2.2M | 1.9M | 1.5M | 0 | — | — | — | — | — | — |
| Total assets | 10.8M | 12.2M | 8.9M | 2.5M | 22.7M | 16.5M | 26.6M | 16M | 3.2M | 3.9M |
| Accounts payable | 54K | 69K | 52K | 587K | 486K | 100K | 106K | 667K | 457K | 1.3M |
| Short-term debt | — | — | — | — | 85K | 94K | 82K | 108K | 103K | 83K |
| Total current liabilities | 937K | 1.1M | 791K | 1.3M | 1.2M | 1.2M | 958K | 1.7M | 1.9M | 3.3M |
| Long-term debt | — | — | — | 0 | 330K | 236K | 153K | 113K | 10K | 0 |
| Total liabilities | 937K | 4M | 791K | 1.3M | 1.6M | 1.4M | 1.1M | 1.8M | 2.8M | 3.7M |
| Shareholders' equity | 9.8M | 8.2M | 8.1M | 1.2M | 21.1M | 15.1M | 25.5M | 14.2M | 441K | 154K |
| Total debt | — | — | — | 0 | 415K | 330K | 235K | 221K | 113K | 83K |
| Net debt | — | — | — | -1M | -20M | -13.4M | -23.5M | -10.2M | -939K | -1.1M |
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 22 | Q1 23 | Q2 23 | Q3 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 10.4M | 6.7M | 3.4M | 2.4M | 1.1M | 188K | 4M | 562K | 1.2M | 122K | 0 | 0 |
| Receivables | — | — | — | — | — | — | — | — | — | — | — | — |
| Inventory | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 15.6M | 10.8M | 6.3M | 4.8M | 3M | 1.6M | 5M | 2.9M | 3.8M | 2.1M | 680K | 663K |
| Property, plant & equipment | 356K | 311K | 265K | 219K | 178K | 131K | 99K | 66K | 107K | 75K | 66K | 27K |
| Goodwill & intangibles | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | 16M | 11.1M | 6.5M | 5M | 3.2M | 1.8M | 5.1M | 3M | 3.9M | 2.2M | 746K | 690K |
| Accounts payable | 667K | 827K | 638K | 277K | 457K | 1.7M | 766K | 1M | 1.3M | 2.4M | 3.5M | 4.9M |
| Short-term debt | 108K | 110K | 113K | 116K | 103K | 82K | 55K | 26K | 83K | 315K | 479K | 479K |
| Total current liabilities | 1.7M | 1.9M | 1.4M | 1.4M | 1.9M | 3.8M | 3M | 3.4M | 3.3M | 4.7M | 7.9M | 8.7M |
| Long-term debt | 113K | 85K | 55K | 25K | 10K | 3K | 0 | 0 | 0 | — | — | — |
| Total liabilities | 1.8M | 2M | 1.5M | 2.5M | 2.8M | 4.4M | 3.8M | 3.7M | 3.7M | 4.8M | 7.9M | 8.7M |
| Shareholders' equity | 14.2M | 9.1M | 5M | 2.5M | 441K | -2.6M | 1.3M | -712K | 154K | -2.6M | -7.2M | -8M |
| Total debt | 221K | 195K | 168K | 141K | 113K | 85K | 55K | 26K | 83K | 315K | 479K | 479K |
| Net debt | -10.2M | -6.5M | -3.3M | -2.2M | -939K | -103K | -4M | -536K | -1.1M | 193K | 479K | 479K |
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 | -5.5M | -6.8M | -7M | -8.6M | -8.6M | -10.9M | -10.4M | -13.9M | -16.1M | -9.9M |
| Depreciation & amortization | 202K | 204K | 411K | 426K | 230K | 151K | 161K | 178K | 178K | 159K |
| Stock-based compensation | 369K | 784K | 793K | 554K | 684K | 577K | 821K | 851K | 734K | 566K |
| Change in working capital | -79K | -711K | 537K | -450K | -64K | -225K | -1M | 100K | 178K | -289K |
| Operating cash flow | -4.6M | -8.2M | -5.3M | -8.1M | -7.7M | -10.4M | -10.5M | -12.7M | -15M | -9.5M |
| Capital expenditure | 0 | -338K | -538K | -17K | 0 | 0 | -70K | -21K | 0 | — |
| Investing cash flow | 0 | -338K | -538K | -17K | 0 | 0 | -70K | -21K | 0 | — |
| Dividends paid | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | 0 | 9M | 3.6M | 1.2M | 26.7M | 4.3M | 15.8M | 1.7M | 1.7M | 10.7M |
| Net change in cash | -4.6M | 483K | -2.3M | -6.9M | 19M | -6.1M | 5.3M | -11M | -13.3M | 1.2M |
| Free cash flow | -5M | -8.5M | -8.5M | -6.1M | -8.4M | -11M | -10M | -15.1M | -11.5M | -10.6M |
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 | Q4 22 | Q1 23 | Q2 23 | Q3 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income | -4M | -5.3M | -4.2M | -3.2M | -3.4M | -3.2M | -1.9M | -2.1M | -2.8M | -2.9M | -4.6M | -976K |
| Depreciation & amortization | 46K | 45K | 46K | 46K | 41K | 47K | 32K | 33K | 47K | 32K | 41K | 7K |
| Stock-based compensation | 209K | 206K | 170K | 178K | 180K | 170K | 141K | 128K | 127K | 108K | 28K | 27K |
| Change in working capital | 471K | 178K | -109K | -99K | 432K | 2.4M | 48K | -702K | 246K | 1.2M | 4.2M | 506K |
| Operating cash flow | -3.2M | -4.8M | -4.1M | -3.1M | -2.7M | -500K | -1.6M | -2.7M | -2.3M | -1.3M | -283K | -263K |
| Capital expenditure | 0 | — | — | 0 | 0 | — | — | — | — | — | — | — |
| Investing cash flow | 0 | — | — | 0 | 0 | — | — | — | — | — | — | — |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | 1.7M | 0 | 0 | 1.7M | -12K | 174K | 7M | -16K | 3.5M | 261K | 161K | 0 |
| Net change in cash | -1.5M | -4.8M | -4.1M | -1.4M | -2.7M | -326K | 5.4M | -2.7M | 1.2M | -1.1M | -122K | -263K |
| Free cash flow | -5M | -3.7M | -3.3M | -2.8M | -1.8M | -1M | -3.2M | -3.4M | -2.9M | -1.3M | -283K | 0 |