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 % |
|---|---|---|---|---|---|---|
| Q1 25 | -$1.8 | -$0.97 | +46.1% | — | $940 | — |
| Q4 24 | -$1.8 | -$0.3 | +83.3% | — | $4.5K | — |
| Q3 24 | -$1.5 | -$1.8 | -20.0% | — | $6.6K | — |
| Q2 24 | -$2.7 | -$1.8 | +33.3% | — | $7.9K | — |
| Q1 24 | -$2.4 | -$6 | -150.0% | — | $15.9K | — |
| Q4 23 | -$0.28 | -$0.16 | +42.9% | — | — | — |
| Q3 23 | -$0.18 | -$0.39 | -116.7% | — | — | — |
| Q2 23 | -$0.18 | -$0.11 | +38.9% | — | — | — |
| Q1 23 | -$1.5 | -$0.69 | +54.0% | — | $0 | — |
| Q3 22 | -$0.66 | $0.02 | +103.0% | — | $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 | — | -$3.71 | — | — | $14.8K | — |
| FY24 | — | -$9.3 | — | — | $34.9K | — |
| FY23 | — | -$0.66 | — | — | $17.1K | — |
| FY22 | — | -$1.51 | — | — | $950 | — |
| FY21 | — | -$0.07 | — | — |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|
| Revenue | $0 | $901 | $950 | $17.1K | $34.9K | $14.8K |
| YoY change | — | +InfinityT% | +5.44% | +1.7K% | +104.5% | -57.5% |
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 |
|---|
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|
| Revenue | 0 | 901 | 950 | 17.1K | 34.9K | 14.8K |
| Cost of revenue | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — |
| Gross margin | — | — | — | — | — | — |
| Research & development | 1.5K | 31.5K | 40.4K | 145.2K | 29.1K | 641.2K |
| Selling, general & administrative | 597K | 573.9K | 4.5M | 7.1M | 8.4M | 5.8M |
| Operating expenses | 598.5K | 605.3K | 4.5M | 7.2M | 8.4M | 6.4M |
| Operating income | -609.2K | -620.4K | -4.5M | -7.2M | -8.4M | -6.5M |
| Operating margin | — | -68.9K% | -478.8K% | -42.4K% | -24K% | -43.7K% |
| Non-operating income, net | 4K | — | -112.5K | 5.6M | — | — |
| Pretax income | -605.2K | -620.4K | -4.7M | -8.4M | -8.4M | -6.5M |
| Income tax | 0 | 0 | 0 | 0 | 0 | 0 |
| Net income | -605.2K | -620.4K | -4.7M | -8.4M | -8.4M | -6.5M |
| Net margin | — | -68.9K% | -490.6K% | -49.1K% | -24K% | -43.8K% |
| EBITDA | -598.5K | -604.4K | -4.5M | -7.1M | -8.1M | -6.1M |
| EPS | -0.06 | -0.07 | -1.51 | -0.66 | -9.3 | -3.71 |
| Diluted EPS | -0.06 | -0.07 | -1.51 | -0.66 | -9.3 | -3.71 |
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 | 10K | 5.3K | 15.9K | 7.9K | 6.6K | 4.5K | 940 | 7.5K | 2.9K | 3.6K | 2.7K | 5.4K |
| Cost of revenue | — | — | — | — | — | — | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — | — | — | — | — | — | — |
| Gross margin | — | — | — | — | — | — | — | — | — | — | — | — |
| Research & development | 38.7K | 7.5K | 10.8K | 7.3K | 5.2K | 5.8K | 2.2K | — | 189K | 286.9K | 129.8K | 162.9K |
| Selling, general & administrative | 1.4M | 1.5M | 4.2M | 1.3M | 1.4M | 1.5M | 1.6M | 1.7M | 1.5M | 1.2M | 1.7M | 1.3M |
| Operating expenses | 1.4M | 1.5M | 4.2M | 1.3M | 1.4M | 1.5M | 1.6M | 1.7M | 1.7M | 1.5M | 1.8M | 1.5M |
| Operating income | -1.4M | -1.5M | -4.2M | -1.3M | -1.4M | -1.5M | -1.6M | -1.7M | -1.7M | -1.5M | -1.8M | -1.5M |
| Operating margin | -14.4K% | -29K% | -26.1K% | -16.3K% | -21.4K% | -33.6K% | -173.5K% | -22.5K% | -60K% | -41.2K% | -66.6K% | -28K% |
| Non-operating income, net | 81.9K | 248.9K | — | — | — | — | — | — | — | — | — | — |
| Pretax income | -1.9M | -1.4M | -4.2M | -1.3M | -1.4M | -1.5M | -1.6M | -1.7M | -1.7M | -1.5M | -1.8M | -1.5M |
| Income tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net income | -1.9M | -1.4M | -4.2M | -1.3M | -1.4M | -1.5M | -1.6M | -1.7M | -1.7M | -1.5M | -1.8M | -1.5M |
| Net margin | -19.3K% | -26.2K% | -26.1K% | -16.4K% | -21.5K% | -33.7K% | -173.9K% | -22.5K% | -60.1K% | -41.2K% | -66.7K% | -28K% |
| EBITDA | -1.4M | -1.5M | -4.1M | -1.2M | -1.3M | -1.4M | -1.5M | -1.6M | -1.6M | -1.4M | -1.7M | -1.4M |
| EPS | -0.16 | — | -0.2 | -1.8 | -1.8 | — | -0.97 | -0.97 | -0.98 | — | -0.63 | -0.51 |
| Diluted EPS | -0.16 | — | -0.2 | -1.8 | -1.8 | — | -0.97 | -0.97 | -0.98 | — | -0.63 | -0.51 |
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 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Market cap | — | — | — | — | — | — | 5.6M |
| Enterprise value | — | — | — | — | — | — | 554K |
| Shares outstanding | 9.5M | 9.5M | 3.1M | 12.7M | 896.4K | 1.8M | 1.8M |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | -0.5 |
| P/S | — | — | — | — | — | — | 399.4 |
| P/B | — | — | — | — | — | — | 0.78 |
| EV/EBITDA | — | — | — | — | — | — | -0.09 |
| EV/Sales | — | — | — | — | — | — | 38.3 |
| Earnings yield | — | — | — | — | — | — | -198.4% |
| FCF yield | — | — | — | — | — | — | -67.3% |
| PEG | — | — | — | — | — | — | 0.01 |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Operating margin | — | -68.9K% | -478.8K% | -42.4K% | -24K% | -43.7K% | -28K% |
| Net margin | — | -68.9K% | -490.6K% | -49.1K% | -24K% | -43.8K% | 0% |
| ROE | -1K% | -58.1% | -108.4% | -283.2% | -87.7% | -93.2% | -75.4% |
| ROA | -135.6% | -56.3% | -74.6% | -187.7% | -79% | -83.7% | -44.1% |
| ROIC | 344.7% | -111.7% | -2.5K% | -282.7% | -349.5% | -253.4% | -292.3% |
| Return on tangible assets | -1.3K% | -122.9% | -84.3% | -247.2% | -91.1% | -107.9% | -108.1% |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Current ratio | 0.64 | 23.7 | 3.02 | 3.29 | 13.9 | 9.79 | 17.1 |
| Quick ratio | 0.64 | 23.7 | 3.02 | 3.29 | 13.9 | 9.79 | 17.1 |
| Debt / equity | — | — | 0 | 0.3 | 0.07 | 0.1 | 0.05 |
| Debt / assets | — | — | 0 | 0.2 | 0.06 | 0.09 | 0.05 |
| Net debt / EBITDA | — | — | 0.91 | 0.06 | 0.89 | 0.73 | 0.86 |
| Interest coverage | — | — | — | -0.24 | -448.8 | -438 | -525 |
| Effective tax rate | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Revenue per share | 0 | 0 | 0 | 0 | 0.04 | 0.01 | 0.01 |
| EPS (basic) | -0.06 | -0.07 | -1.51 | -0.66 | -9.3 | -3.71 | -3.71 |
| EPS (diluted) | -0.06 | -0.07 | -1.51 | -0.66 | -9.3 | -3.71 | -2.9 |
| Book value per share | 0.01 | 0.11 | 1.39 | 0.23 | 10.7 | 3.98 | 2.51 |
| FCF per share | -0 | -0.07 | -1.67 | -0.51 | -6.02 | -3.51 | -2.06 |
| Cash per share | 0.02 | 0.05 | 1.33 | 0.1 | 8.73 | 2.92 | 1.89 |
| Capex per share | — | — | 0 | 0.05 | 0.24 | — | — |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Capex / revenue | — | — | 0% | 3.4K% | 615.5% | — | — |
| Capex / operating cash flow | — | — | 0% | -1.4K% | -3.73% | — | — |
| Payout ratio | — | — | — | — | — | — | 0% |
| $901 |
| — |
| FY20 | — | -$0.06 | — | — | $0 | — |
| Q4 24 |
|---|
| Q1 25 |
|---|
| Q2 25 |
|---|
| Q3 25 |
|---|
| Q4 25 |
|---|
| Q1 26 |
|---|
| Q2 26 |
|---|
| Revenue | $10K | $5.3K | $15.9K | $7.9K | $6.6K | $4.5K | $940 | $7.5K | $2.9K | $3.6K | $2.7K | $5.4K |
| YoY change | +InfinityT% | +458.9% | +InfinityT% | +356.2% | -34.4% | -15% | -94.1% | -5.02% | -56.6% | -21.2% | +185.1% | -28.3% |
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 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|
| Cash & short-term investments | 237.1K | 512.8K | 4.1M | 1.3M | 7.8M | 5.1M |
| Receivables | 0 | 901 | 0 | 5K | 18.6K | 8.1K |
| Inventory | — | — | — | — | — | — |
| Total current assets | 245.9K | 803.5K | 5.9M | 2.8M | 8.8M | 5.9M |
| Property, plant & equipment | — | — | 0 | 1.1M | 1.1M | 959.7K |
| Goodwill & intangibles | 400.9K | 597K | 717.3K | 1.1M | 1.4M | 1.7M |
| Total assets | 446.4K | 1.1M | 6.2M | 4.5M | 10.6M | 7.8M |
| Accounts payable | — | 33.9K | 1.1M | 243.2K | 87.7K | 97.4K |
| Short-term debt | — | — | — | 223.9K | 237.3K | 507.4K |
| Total current liabilities | 386K | 33.9K | 1.9M | 841.1K | 631.7K | 604.8K |
| Long-term debt | — | — | 0 | 663.1K | 425.8K | 188.2K |
| Total liabilities | 386K | 34K | 1.9M | 1.5M | 1.1M | 793.1K |
| Shareholders' equity | 60.4K | 1.1M | 4.3M | 3M | 9.6M | 7M |
| Total debt | — | — | 0 | 887K | 663.1K | 695.6K |
| Net debt | — | — | -4.1M | -396.5K | -7.2M | -4.4M |
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 | 3.6M | 1.3M | 1.6M | 1.3M | 2M | 7.8M | 9.7M | 8M | 6.4M | 5.1M | 7.1M | 5.6M |
| Receivables | 350 | 5K | 19K | 7.5K | 14.1K | 18.6K | 9.6K | 12.9K | 11.2K | 8.1K | 4.3K | 3.9K |
| Inventory | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 4.5M | 2.8M | 2.6M | 2.1M | 2.6M | 8.8M | 10.5M | 8.7M | 6.9M | 5.9M | 7.7M | 6.2M |
| Property, plant & equipment | 916.5K | 1.1M | 1.1M | 1.2M | 1.2M | 1.1M | 1M | 969.2K | 1M | 959.7K | 872.3K | 782.5K |
| Goodwill & intangibles | 1M | 1.1M | 1.2M | 1.2M | 1.3M | 1.4M | 1.4M | 1.4M | 1.6M | 1.7M | 1.9M | 1.9M |
| Total assets | 6M | 4.5M | 4.3M | 4M | 4.5M | 10.6M | 12.3M | 10.4M | 8.8M | 7.8M | 9.6M | 7.9M |
| Accounts payable | 623.1K | 243.2K | 224.7K | 52.1K | 74.8K | 87.7K | 108.2K | 48.7K | 150.7K | 97.4K | 123K | 130.1K |
| Short-term debt | 1.1M | 223.9K | 227.2K | 230.5K | 233.9K | 237.3K | 432.4K | 320.9K | 247.7K | 507.4K | 368.5K | 229.1K |
| Total current liabilities | 3M | 841.1K | 685.7K | 376.1K | 308.7K | 631.7K | 540.6K | 369.6K | 398.4K | 604.8K | 491.4K | 359.2K |
| Long-term debt | 720.5K | 663.1K | 605.1K | 546.4K | 486.6K | 425.8K | 364.4K | 302.3K | 238.9K | 188.2K | 164.5K | 140.6K |
| Total liabilities | 3.7M | 1.5M | 1.3M | 922.5K | 795.3K | 1.1M | 905K | 671.8K | 637.3K | 793.1K | 656K | 499.8K |
| Shareholders' equity | 2.3M | 3M | 3M | 3.1M | 3.7M | 9.6M | 11.4M | 9.7M | 8.2M | 7M | 8.9M | 7.4M |
| Total debt | 1.9M | 887K | 832.3K | 776.9K | 720.5K | 663.1K | 796.8K | 623.1K | 486.6K | 695.6K | 533K | 369.7K |
| Net debt | -1.8M | -396.5K | -730.8K | -533.2K | -1.3M | -7.2M | -8.9M | -7.3M | -5.9M | -4.4M | -6.5M | -5.2M |
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 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|
| Net income | -605.2K | -620.4K | -4.7M | -8.4M | -8.4M | -6.5M |
| Depreciation & amortization | 10.7K | 16K | 16K | 111.6K | 276.3K | 398.1K |
| Stock-based compensation | 589.3K | 60K | 0 | 1.3M | 2.6M | 110.2K |
| Change in working capital | 0 | -901 | 901 | 239.5K | -237.6K | -226.8K |
| Operating cash flow | -5.2K | -548.6K | -4.5M | -41.9K | -5.8M | -5.7M |
| Capital expenditure | — | — | 0 | -575.7K | -214.8K | — |
| Investing cash flow | 0 | -250K | -291.8K | -597K | -214.8K | — |
| Dividends paid | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — |
| Financing cash flow | 240K | 1.2M | 9.1M | 3.2M | 11.9M | 3.4M |
| Net change in cash | 234.8K | 426.4K | 4.2M | 2.6M | 6M | -2.3M |
| Free cash flow | -4.1K | -699.3K | -5.2M | -6.4M | -5.4M | -6.1M |
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 | -1.9M | -1.4M | -4.2M | -1.3M | -1.4M | -1.5M | -1.6M | -1.7M | -1.7M | -1.5M | -1.8M | -1.5M |
| Depreciation & amortization | — | — | — | — | — | — | — | — | 89.6K | 94.1K | 94.7K | 95.4K |
| Stock-based compensation | — | — | — | — | — | — | — | — | 24.8K | 24.1K | 24.7K | 24.4K |
| Change in working capital | — | — | — | — | — | — | — | — | -58.1K | -57.7K | -57.6K | -61.8K |
| Operating cash flow | -1.9M | -1.4M | -4.2M | -1.3M | -1.4M | -1.5M | -1.6M | -1.7M | -1.4M | -1.4M | -1.6M | -1.3M |
| Capital expenditure | — | — | — | — | — | — | — | — | — | — | — | — |
| Investing cash flow | — | — | — | — | — | — | — | — | — | — | — | — |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | — | — | — | — | — | — | — | — | 40K | 195.6K | 3.6M | -101.2K |
| Net change in cash | -1.9M | -1.4M | -4.2M | -1.3M | -1.4M | -1.5M | -1.6M | -1.7M | -1.4M | -1.2M | 2M | -1.4M |
| Free cash flow | — | — | — | — | — | — | — | — | -1.7M | -1.4M | -1.6M | -1.4M |