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 | — | -$0.63 | — | — | — | — |
| Q3 23 | -$0.17 | -$0.43 | -152.9% | — | $0 | — |
| Q2 23 | -$0.45 | -$0.94 | -108.9% | — | $0 | — |
| Q1 23 | -$0.55 | -$0.76 | -38.2% | — | $0 | — |
| Q4 22 | -$0.68 | -$0.63 | +7.4% | — | $0 | — |
| Q3 22 | -$1 | -$0.8 | +20.0% | — | $0 | — |
| Q2 22 | -$1 | -$0.8 | +20.0% | — | $0 | — |
| Q1 22 | -$1 | -$1.2 | -20.0% | — | $0 | — |
| Q4 21 | -$0.03 | -$0.06 | -100.0% | — | $0 | — |
| Q3 21 | -$1 | -$0.8 | +20.0% | — | $0 | — |
| Q2 21 | -$1 | -$1.2 | -20.0% | — | $0 | — |
| Q1 21 | -$1.2 | -$1 | +16.7% | — | $0 | — |
| Q4 20 | -$1.4 | -$1.2 | +14.3% | — | $0 | — |
| Q3 20 | -$1.6 | -$1.8 | -12.5% | — | $0 | — |
| Q2 20 | -$3.2 | -$2.4 | +25.0% | — | $0 | — |
| Q1 20 | -$7.2 | -$6.8 | +5.6% | — | $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 | — | -$4.3 | — | — | $0 | — |
| FY23 | — | -$3 | — | — | $0 | — |
| FY22 | — | -$3.37 | — | — | $0 | — |
| FY21 | — | -$4.2 | — | — | $0 | — |
| FY20 |
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 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| YoY change | 0% | 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 | FY15 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost of revenue | 0 | — | — | — | — | — | — | — | — | — |
| Gross profit | 0 | — | — | — | — | — | — | — | — | — |
| Gross margin | — | — | — | — | — | — | — | — | — | — |
| Research & development | 5.8M | 5.5M | 6.8M | 7.6M | 10.5M | 10M | 12.3M | 14.3M | 8.3M | 0 |
| Selling, general & administrative | 6.6M | 3.6M | 3.2M | 3.4M | 3.6M | 3.9M | 4.9M | 5.6M | 9.5M | 9.3M |
| Operating expenses | 12.5M | 9.1M | 10M | 11.1M | 14.1M | 13.9M | 17.3M | 19.9M | 17.7M | 9.3M |
| Operating income | -12.5M | -9.1M | -10M | -11.1M | -14.1M | -13.9M | -17.3M | -20M | -17.8M | -9.5M |
| Operating margin | — | — | — | — | — | — | — | — | — | — |
| Non-operating income, net | 0 | 56K | 95K | -18K | -7K | 1K | 9K | -146K | -1.6M | -16.5M |
| Pretax income | 12.3M | -8.8M | -9.8M | -10.6M | -13.8M | -13.8M | -17.2M | -19.1M | -17.6M | -25.1M |
| Income tax | 0 | 8K | 6K | 1K | 0 | 0 | — | — | — | — |
| Net income | 12.3M | -8.8M | -9.8M | -10.6M | -13.8M | -13.8M | -17.2M | -19.1M | -17.6M | -25.1M |
| Net margin | — | — | — | — | — | — | — | — | — | — |
| EBITDA | 12.4M | -8.7M | -9.7M | -10.4M | -13.7M | -13.7M | -17M | -18.5M | -15.8M | -8.5M |
| EPS | -254.4 | -146.4 | -134.4 | -52.2 | -34.6 | -9.2 | -4.2 | -3.37 | -3 | -4.3 |
| Diluted EPS | -254.4 | -146.4 | -134.4 | -52.2 | -34.6 | -9.2 | -4.2 | -3.37 | -3 | -4.3 |
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | Q1 21 | Q2 21 | Q3 21 | Q4 21 | Q1 22 | Q2 22 | Q3 22 | Q4 22 | Q1 23 | Q2 23 | Q3 23 | Q4 23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost of revenue | — | — | — | — | — | — | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — | — | — | — | — | — | — |
| Gross margin | — | — | — | — | — | — | — | — | — | — | — | — |
| Research & development | 2.4M | 2.8M | 3M | 4.1M | 4.1M | 3.5M | 3.6M | 3M | 3.7M | 4.5M | 30K | 130K |
| Selling, general & administrative | 1.2M | 1.1M | 1.2M | 1.4M | 1.8M | 1.3M | 1.4M | 1.1M | 1.2M | 1.6M | 2.8M | 3.9M |
| Operating expenses | 3.6M | 3.9M | 4.3M | 5.5M | 5.9M | 4.9M | 5M | 4.1M | 4.8M | 6.1M | 2.9M | 4M |
| Operating income | -3.6M | -3.9M | -4.3M | -5.6M | -5.9M | -4.9M | -5M | -4.2M | -4.8M | -6.1M | -2.9M | -4M |
| Operating margin | — | — | — | — | — | — | — | — | — | — | — | — |
| Non-operating income, net | — | — | — | — | — | — | — | — | — | -1.4M | -62K | -132K |
| Pretax income | -3.6M | -3.9M | -4.2M | -5.5M | -5.8M | -4.8M | -4.8M | -3.7M | -4.4M | -6.9M | -2.6M | -3.7M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — |
| Net income | -3.6M | -3.9M | -4.2M | -5.5M | -5.8M | -4.8M | -4.8M | -3.7M | -4.4M | -6.9M | -2.6M | -3.7M |
| Net margin | — | — | — | — | — | — | — | — | — | — | — | — |
| EBITDA | -3.5M | -3.9M | -4.2M | -5.4M | -5.8M | -4.8M | -5M | -3.1M | -4.8M | -4.6M | -2.8M | -3.6M |
| EPS | -1 | -1.2 | -0.8 | -1.2 | -1.13 | -0.82 | -0.81 | -0.64 | -0.76 | -1.18 | -0.44 | — |
| Diluted EPS | -1 | -1.2 | -0.8 | -1.2 | -1.13 | -0.82 | -0.81 | -0.64 | -0.76 | -1.18 | -0.44 | — |
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 | — | — | — | — | — | — | — | — | — | — | 26.9M |
| Enterprise value | — | — | — | — | — | — | — | — | — | — | 10.8M |
| Shares outstanding | 49.7K | 60.4K | 72.7K | 202.9K | 399.3K | 1.5M | 4.1M | 5.7M | 5.8M | 5.8M | 5.8M |
| Metric | FY15 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | — | — | — | — | -0.93 |
| EV/EBITDA | — | — | — | — | — | — | — | — | — | — | -1.16 |
| Earnings yield | — | — | — | — | — | — | — | — | — | — | -107% |
| FCF yield | — | — | — | — | — | — | — | — | — | — | -19.7% |
| PEG | — | — | — | — | — | — | — | — | — | — | -0.62 |
| Metric | FY15 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | — | — | — | — | — | — | 0% |
| Net margin | — | — | — | — | — | — | — | — | — | — | 0% |
| ROE | 97.2% | -84.8% | -165.5% | -81.3% | -221.9% | -84.5% | -33.9% | -46.3% | -74.2% | 1.7K% | -226.2% |
| ROA | 80.3% | -71.8% | -123.6% | -68.6% | -146.7% | -70.5% | -30.9% | -42.1% | -70.2% | -6.7K% | -46.6% |
| ROIC | -382.8% | 735.6% | 915.8% | 933.6% | 1.4K% | 1.4K% | — | — | — | — | — |
| Return on tangible assets | 80.3% | -71.8% | -123.6% | -68.6% | -146.7% | -70.5% | -30.9% | -42.1% | -70.2% | -6.7K% | -70.2% |
| Metric | FY15 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current ratio | 7.2 | 8.69 | 4.74 | 6.75 | 3.01 | 6.18 | 13.1 | 12.5 | 18.7 | 0.15 | 0.15 |
| Quick ratio | 7.2 | 8.69 | 4.74 | 6.75 | 3.01 | 6.18 | 13.1 | 12.5 | 18.7 | 0.15 | 18.7 |
| Debt / equity | — | — | — | 0 | 0.07 | 0.02 | 0.02 | 0.02 | 0 | -0.09 | -0 |
| Debt / assets | — | — | — | 0 | 0.05 | 0.02 | 0.02 | 0.02 | 0 | 0.36 | 0 |
| Net debt / EBITDA | — | — | — | 1.36 | 0.53 | 1.27 | 2.97 | 2.2 | 1.57 | 0.02 | 1.57 |
| Interest coverage | 262.5 | -1.3K | -1.4K | -1.5K | -1.7K | -1.2K | -1.3K | -1.6K | -1.4K | -2.8K | -2.8K |
| Effective tax rate | 0% | 0% | 0% | 0% | 0% | 0% | — | — | — | — | — |
| Metric | FY15 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue per share | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (basic) | -254.4 | -146.4 | -134.4 | -52.2 | -34.6 | -9.2 | -4.2 | -3.37 | -3 | -4.3 | -4.3 |
| EPS (diluted) | -254.4 | -146.4 | -134.4 | -52.2 | -34.6 | -9.2 | -4.2 | -3.37 | -3 | -4.3 | -4.3 |
| Book value per share | 254.7 | 172.3 | 81.2 | 64.2 | 15.6 | 10.8 | 12.2 | 7.28 | 4.05 | -0.25 | -0.25 |
| FCF per share | -179.2 | -133.9 | -126.7 | -50.3 | -32.6 | -8.89 | -4.17 | -3.38 | -2.91 | -1.37 | -0.9 |
| Cash per share | 189.1 | 192.7 | 96.2 | 70.1 | 19.2 | 11.7 | 12.5 | 7.35 | 4.23 | 0.05 | 0.04 |
| Capex per share | 5.44 | 2.75 | 3.18 | 0.46 | 0.42 | 0.25 | 0.24 | 0.09 | 0.01 | 0 | 0 |
| Metric | FY15 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Capex / operating cash flow | -3.28% | -2.11% | -2.66% | -0.91% | -1.32% | -2.78% | -6.22% | -2.66% | -0.46% | 0% | -0.46% |
| Payout ratio | — | — | — | — | — | — | — | — | — | — | 0% |
| — |
| -$9.2 |
| — |
| — |
| $0 |
| — |
| FY19 | — | -$34.6 | — | — | $0 | — |
| FY18 | — | -$52.2 | — | — | $0 | — |
| FY17 | — | -$134.4 | — | — | $0 | — |
| FY16 | — | -$146.4 | — | — | $0 | — |
| FY15 | — | -$254.4 | — | — | $0 | — |
| Period | Q1 21 | Q2 21 | Q3 21 | Q4 21 | Q1 22 | Q2 22 | Q3 22 | Q4 22 | Q1 23 | Q2 23 | Q3 23 | Q4 23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 9.4M | 11.6M | 7M | 14.2M | 7.7M | 17.8M | 51.6M | 41.7M | 24.8M | 265K |
| Receivables | — | — | — | — | — | — | — | — | — | — |
| Inventory | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 14.9M | 11.9M | 7.4M | 15M | 8.4M | 18.4M | 52.8M | 42.6M | 24.9M | 265K |
| Property, plant & equipment | 369K | 414K | 503K | 452K | 994K | 1.2M | 2.9M | 2.8M | 161K | 112K |
| Goodwill & intangibles | — | — | — | — | — | — | — | — | — | — |
| Total assets | 15.3M | 12.3M | 7.9M | 15.4M | 9.4M | 19.6M | 55.7M | 45.4M | 25M | 377K |
| Accounts payable | 577K | 393K | 608K | 1.1M | 989K | 862K | 1.1M | 952K | 141K | 492K |
| Short-term debt | — | — | — | — | 222K | 264K | 350K | 337K | — | 120K |
| Total current liabilities | 2.1M | 1.4M | 1.6M | 2.2M | 2.8M | 3M | 4M | 3.4M | 1.3M | 1.8M |
| Long-term debt | — | — | — | 0 | 211K | 125K | 795K | 627K | 0 | 16K |
| Total liabilities | 2.6M | 1.9M | 2M | 2.4M | 3.2M | 3.3M | 5M | 4.1M | 1.3M | 1.8M |
| Shareholders' equity | 12.6M | 10.4M | 5.9M | 13M | 6.2M | 16.4M | 50.7M | 41.3M | 23.7M | -1.4M |
| Total debt | — | — | — | 0 | 433K | 389K | 1.1M | 964K | 0 | 136K |
| Net debt | — | — | — | -8.6M | -7.3M | -7.3M | -25.3M | -3.1M | -8.8M | 136K |
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 | Q1 21 | Q2 21 | Q3 21 | Q4 21 | Q1 22 | Q2 22 | Q3 22 | Q4 22 | Q1 23 | Q2 23 | Q3 23 | Q4 23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 33.7M | 29M | 56.4M | 51.6M | 55.4M | 49.8M | 45.6M | 41.7M | 37M | 32.1M | 28.1M | 24.8M |
| Receivables | — | — | — | — | — | — | — | — | — | — | — | — |
| Inventory | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 34.5M | 30.2M | 57.9M | 52.8M | 56.6M | 51.2M | 46.5M | 42.6M | 38.5M | 33.3M | 28.8M | 24.9M |
| Property, plant & equipment | 2.1M | 2.2M | 2.7M | 2.9M | 3M | 2.9M | 3M | 2.8M | 2.8M | 468K | 256K | 161K |
| Goodwill & intangibles | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | 36.5M | 32.6M | 60.6M | 55.7M | 59.6M | 54.1M | 49.5M | 45.4M | 41.3M | 33.7M | 29M | 25M |
| Accounts payable | 1M | 922K | 1.3M | 1.1M | 970K | 946K | 849K | 952K | 1.2M | 783K | 108K | 141K |
| Short-term debt | 327K | 321K | 328K | 350K | 370K | 332K | 353K | 337K | 368K | 83K | 30K | — |
| Total current liabilities | 3.4M | 3.4M | 3.7M | 4M | 4.7M | 3.9M | 3.8M | 3.4M | 3.6M | 3.5M | 1.6M | 1.3M |
| Long-term debt | 856K | 815K | 792K | 795K | 800K | 669K | 687K | 627K | 615K | 0 | 0 | 0 |
| Total liabilities | 4.4M | 4.4M | 4.6M | 5M | 5.6M | 4.7M | 4.6M | 4.1M | 4.3M | 3.5M | 1.6M | 1.3M |
| Shareholders' equity | 32.1M | 28.3M | 55.9M | 50.7M | 54M | 49.4M | 44.9M | 41.3M | 37M | 30.2M | 27.4M | 23.7M |
| Total debt | 1.2M | 1.1M | 1.1M | 1.1M | 1.2M | 1M | 1M | 964K | 983K | 83K | 30K | 0 |
| Net debt | -14M | -9M | -38.5M | -25.3M | -10.1M | -10.6M | -8.3M | -3.1M | -15.5M | -2.2M | -3.4M | -8.8M |
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 | -12.3M | -8.8M | -9.8M | -10.6M | -13.8M | -13.8M | -17.2M | -19.1M | -17.6M | -25.1M |
| Depreciation & amortization | 92K | 130K | 157K | 147K | 115K | 148K | 205K | 404K | 212K | 161K |
| Stock-based compensation | 3.7M | 1.2M | 726K | -65K | 516K | 408K | 491K | 879K | -57K | 12K |
| Change in working capital | 260K | -308K | 193K | 161K | 500K | -345K | 340K | 169K | -896K | 385K |
| Operating cash flow | -8.2M | -7.9M | -8.7M | -10.4M | -12.7M | -13.6M | -16.2M | -18.3M | -18M | -24.6M |
| Capital expenditure | -270K | -166K | -231K | -94K | -167K | -379K | -1M | -486K | -83K | 0 |
| Investing cash flow | -5.1M | 4.7M | -231K | -94K | -167K | -10.5M | -16M | -12.5M | 21.4M | -16.5M |
| Dividends paid | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | -30K | — | — | — | — | — | — |
| Financing cash flow | 21M | 5.3M | 4.4M | 17.8M | 6.5M | 23.6M | 31.8M | 8.8M | 0 | 0 |
| Net change in cash | 7.7M | 2.1M | -4.5M | 7.3M | -6.3M | -497K | -371K | -21.9M | 3.4M | -41.1M |
| Free cash flow | -8.9M | -8.1M | -9.2M | -10.2M | -13M | -13.5M | -17.3M | -19.2M | -17M | -8M |
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 | Q1 21 | Q2 21 | Q3 21 | Q4 21 | Q1 22 | Q2 22 | Q3 22 | Q4 22 | Q1 23 | Q2 23 | Q3 23 | Q4 23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income | -3.6M | -3.9M | -4.2M | -5.5M | -5.8M | -4.8M | -4.8M | -3.7M | -4.4M | -6.9M | -2.6M | -3.7M |
| Depreciation & amortization | 43K | 46K | 50K | 66K | 76K | 83K | 95K | 150K | 95K | 95K | 0 | 22K |
| Stock-based compensation | 73K | 65K | 130K | 223K | 250K | 275K | 254K | 100K | 156K | 42K | -205K | -50K |
| Change in working capital | 127K | -65K | 205K | 73K | 392K | -97K | -319K | 193K | 110K | -474K | -656K | 124K |
| Operating cash flow | -3.4M | -3.9M | -3.9M | -5.1M | -5.2M | -4.7M | -4.8M | -3.6M | -4.1M | -7.5M | -2.8M | -3.6M |
| Capital expenditure | -33K | -185K | -525K | -263K | -200K | -123K | -72K | -91K | -65K | -18K | 0 | 0 |
| Investing cash flow | -8.4M | -618K | 1.6M | -263K | -200K | -123K | -72K | -1.1M | -65K | -18K | 0 | 8.9M |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | 0 | 0 | 32M | -207K | 8.9M | -44K | 0 | 0 | 0 | 0 | 0 | 0 |
| Net change in cash | -11.8M | -4.5M | 29.7M | -5.6M | 3.5M | -4.9M | -4.9M | -4.7M | -4.2M | -7.5M | -2.8M | 5.2M |
| Free cash flow | -3.3M | -4.7M | -4.6M | -4.6M | -5.1M | -5.6M | -4.3M | -4.2M | -4.7M | -5.2M | -3.6M | -3.5M |