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 26 | -$0.56 | -$0.45 | +19.6% | — | $0 | — |
| Q1 26 | -$0.53 | -$0.95 | -79.2% | — | $0 | — |
| Q4 25 | -$1.55 | -$0.84 | +45.8% | — | $0 | — |
| Q3 25 | -$0.75 | -$1.35 | -80.0% | — | $0 | — |
| Q2 25 | -$0.82 | -$1.09 | -32.9% | — | $0 | — |
| Q1 25 | -$0.98 | -$1.04 | -6.1% | — | $0 | — |
| Q4 24 | -$1.53 | -$2.3 | -50.3% | — | $0 | — |
| Q3 24 | -$2.22 | -$1.83 | +17.6% | — | $0 | — |
| Q2 24 | -$4.92 | -$5.47 | -11.2% | — | $0 | — |
| Q1 24 | -$52.7 | -$19.2 | +63.6% | — | $0 | — |
| Q3 23 | -$0.37 | -$0.3 | +18.9% | — | $0 | — |
| Q2 23 | -$0.35 | -$0.57 | -62.9% | — | $0 | — |
| Q1 23 | -$0.34 | -$0.35 | -2.9% | — | $0 | — |
| Q4 22 | -$0.37 | -$0.41 | -10.8% | — | $0 | — |
| Q3 22 | -$88.8 | -$86.4 | +2.7% | — | $0 | — |
| Q2 22 | -$139.2 | -$86.4 | +37.9% | — | $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 | — | -$4.44 | — | — | $0 | — |
| FY24 | — | -$4.57 | — | — | $0 | — |
| FY23 | — | -$312 | — | — | — | — |
| FY22 | — | -$374.4 | — | — | $0 | — |
| FY21 | — | -$669.6 |
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 | $0 | — | $0 | $0 |
| YoY change | — | 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.
| Period | Q2 23 | Q3 23 | Q1 24 | Q2 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 | 0 | — | 0 | 0 |
| Cost of revenue | — | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — | — |
| Gross margin | — | — | — | — | — | — | — |
| Research & development | 9.1M | 5.1M | 8.4M | 9M | — | 9.4M | 9.8M |
| Selling, general & administrative | 2.6M | 2M | 12.3M | 8.5M | — | 6.2M | 10.2M |
| Operating expenses | 11.6M | 7.1M | 20.7M | 17.5M | — | 15.6M | 19.9M |
| Operating income | -11.6M | -7.1M | -20.7M | -17.5M | — | -15.6M | -19.9M |
| Operating margin | — | — | — | — | — | — | — |
| Non-operating income, net | — | — | — | — | — | — | -1.2M |
| Pretax income | -11.5M | -7.2M | -20.7M | -17.7M | — | -15.5M | -22.4M |
| Income tax | — | 0 | 0 | 0 | — | 0 | 0 |
| Net income | -11.5M | -7.2M | -20.7M | -17.7M | — | -15.5M | -22.4M |
| Net margin | — | — | — | — | — | — | — |
| EBITDA | -11.5M | -6.4M | -20M | -17.1M | — | -15M | -18.2M |
| EPS | -245 | -152.4 | -669.6 | -374.4 | -312 | -4.57 | -4.44 |
| Diluted EPS | -245 | -152.4 | -669.6 | -374.4 | -312 | -4.57 | -4.44 |
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | Q2 23 | Q3 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 | — | — | — | — | — | — | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — | — | — | — | — | — | — |
| Gross margin | — | — | — | — | — | — | — | — | — | — | — | — |
| Research & development | 4.5M | 3.9M | 1.8M | 1.9M | 1.4M | 4.3M | 2.2M | 2.7M | 2.8M | 2M | 2.2M | 1.5M |
| Selling, general & administrative | 1.9M | 1.8M | 1.1M | 1.3M | 1.9M | 1.9M | 1.5M | 1.9M | 3.1M | 3.6M | 5.7M | 3.9M |
| Operating expenses | 6.4M | 5.7M | 2.9M | 3.2M | 3.3M | 6.2M | 3.7M | 4.6M | 6M | 5.6M | 7.9M | 5.4M |
| Operating income | -6.4M | -5.7M | -2.9M | -3.2M | -3.3M | -6.2M | -3.7M | -4.6M | -6M | -5.6M | -7.9M | -5.4M |
| Operating margin | — | — | — | — | — | — | — | — | — | — | — | — |
| Non-operating income, net | — | — | — | — | — | — | — | — | -772.2K | -134K | -852K | -314K |
| Pretax income | -6.6M | -6M | -3M | -3.2M | -3.2M | -6.1M | -3.8M | -4.8M | -7.3M | -6.3M | -9.3M | -5.9M |
| Income tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net income | -6.6M | -6M | -3M | -3.2M | -3.2M | -6.1M | -3.8M | -4.8M | -7.3M | -6.3M | -9.3M | -5.9M |
| Net margin | — | — | — | — | — | — | — | — | — | — | — | — |
| EBITDA | -6.2M | -5.6M | -2.8M | -3M | -3.1M | -6M | -3.5M | -4.5M | -5.1M | -5.3M | -7M | -5M |
| EPS | -81.5 | -72.6 | -144 | -65.6 | -1.83 | -1.8 | -1.04 | -0.98 | -1.35 | -0.87 | -0.95 | -0.45 |
| Diluted EPS | -81.5 | -72.6 | -144 | -65.6 | -1.83 | -1.8 | -1.04 | -0.98 | -1.35 | -0.87 | -0.95 | -0.45 |
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 | — | — | — | — | — | — | — | 70.1M |
| Enterprise value | — | — | — | — | — | — | — | 48.1M |
| Shares outstanding | 47.1K | 47.1K | 30.9K | 47.2K | 75.4K | 3.4M | 5.1M | 5.1M |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | — | 0.02 |
| P/B | — | — | — | — | — | — | — | 2.86 |
| EV/EBITDA | — | — | — | — | — | — | — | -1.97 |
| Earnings yield | — | — | — | — | — | — | — | 4.1K% |
| FCF yield | — | — | — | — | — | — | — | -18.3% |
| PEG | — | — | — | — | — | — | — | -0 |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | — | — | — | 0% |
| Net margin | — | — | — | — | — | — | — | 0% |
| ROE | -1.9K% | -555.8% | -99.4% | -455.3% | — | -208.5% | -894.8% | -198.7% |
| ROA | -218.6% | -124.1% | -90.5% | -155% | — | -104.6% | -148.9% | -66.9% |
| ROIC | — | -331% | -395.3% | -398.5% | — | -4.6K% | -5.8K% | -1.8K% |
| Return on tangible assets | -218.6% | -124.1% | -90.5% | -155% | — | -104.6% | -148.9% | -87.1% |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Current ratio | 0.33 | 0.53 | 16 | 1.12 | — | 2.55 | 1.16 | 3.5 |
| Quick ratio | 0.33 | 0.53 | 16 | 1.12 | — | 2.55 | 1.16 | 3.5 |
| Debt / equity | 3.39 | 1.58 | 0.04 | 1.51 | — | 0.68 | 3.5 | 0.27 |
| Debt / assets | 0.4 | 0.35 | 0.04 | 0.51 | — | 0.34 | 0.58 | 0.19 |
| Net debt / EBITDA | -0.14 | -0.13 | 0.78 | -0.03 | — | 0.47 | 0.12 | 0.99 |
| Effective tax rate | — | 0% | 0% | 0% | — | 0% | 0% | 0% |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Revenue per share | 0 | 0 | 0 | 0 | — | 0 | 0 | 0 |
| EPS (basic) | -245 | -152.4 | -669.6 | -374.4 | -312 | -4.57 | -4.44 | -4.44 |
| EPS (diluted) | -245 | -152.4 | -669.6 | -374.4 | -312 | -4.57 | -4.44 | -3.56 |
| Book value per share | 13.1 | 27.4 | 674.8 | 82.2 | — | 2.19 | 0.5 | 1.69 |
| FCF per share | -223.9 | -153.1 | -364.1 | -339.7 | — | -5.49 | -3.44 | -1.59 |
| Cash per share | 9.28 | 25.4 | 534 | 113.5 | — | 3.59 | 2.17 | 1.95 |
| Capex per share | 21.6 | 8.53 | 26.4 | 3.25 | — | 0.06 | — | — |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Capex / operating cash flow | -8.92% | -6.33% | -10.4% | -0.95% | — | -1.51% | — | — |
| Payout ratio | — | — | — | — | — | — | — | 0% |
| — |
| — |
| $0 |
| — |
| FY20 | — | -$152.4 | — | — | $0 | — |
| FY19 | — | -$245 | — | — | $0 | — |
| 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% |
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 | FY24 | FY25 |
|---|---|---|---|---|---|---|
| Cash & short-term investments | 437.2K | 1.2M | 16.5M | 5.4M | 12.2M | 11M |
| Receivables | — | — | — | — | — | — |
| Inventory | — | — | — | — | — | — |
| Total current assets | 978.3K | 1.8M | 18.9M | 7.9M | 12.7M | 12M |
| Property, plant & equipment | 4.2M | 4M | 4M | 3.5M | 2.2M | 3.1M |
| Goodwill & intangibles | — | — | — | — | — | — |
| Total assets | 5.3M | 5.8M | 22.9M | 11.4M | 14.9M | 15.1M |
| Accounts payable | 1.9M | 975.1K | 264.7K | 762.4K | 1.3M | 2M |
| Short-term debt | 375.8K | 936.6K | 15.1K | 5.4M | 2.7M | 6.5M |
| Total current liabilities | 3M | 3.4M | 1.2M | 7M | 5M | 10.3M |
| Long-term debt | 1.7M | 1.1M | 866K | 510.2K | 2.4M | 2.3M |
| Total liabilities | 4.7M | 4.5M | 2M | 7.5M | 7.4M | 12.6M |
| Shareholders' equity | 615.9K | 1.3M | 20.8M | 3.9M | 7.5M | 2.5M |
| Total debt | 2.1M | 2M | 881.1K | 5.9M | 5.1M | 8.8M |
| Net debt | 1.7M | 849K | -15.6M | 509.8K | -7.1M | -2.2M |
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 | Q2 23 | Q3 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 | 349.8K | 2M | 1.1M | 380.9K | 10M | 12.2M | 9.5M | 8.9M | 6.1M | 11M | 25.9M | 28.4M |
| Receivables | — | — | — | — | — | — | — | — | — | — | — | — |
| Inventory | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 2M | 2.9M | 2.7M | 2.5M | 11.3M | 12.7M | 10.5M | 10.2M | 7.4M | 12M | 27.9M | 30.2M |
| Property, plant & equipment | 3.2M | 3M | 2.8M | 2.6M | 2.2M | 2.2M | 2M | 1.8M | 1.7M | 3.1M | 1.7M | 1.6M |
| Goodwill & intangibles | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | 5.2M | 5.9M | 5.5M | 5.1M | 13.6M | 14.9M | 12.5M | 13.5M | 10.5M | 15.1M | 30.9M | 33.1M |
| Accounts payable | 1.6M | 1.7M | 737.9K | 1.3M | 906.2K | 1.3M | 855.1K | 872.9K | 866.2K | 2M | 2.7M | 2M |
| Short-term debt | 8M | 3.4M | 389.7K | 330.4K | 234.2K | 2.7M | 4.2M | 5.4M | 3.4M | 6.5M | 6.4M | 5.3M |
| Total current liabilities | 11M | 5.7M | 2.2M | 2M | 1.5M | 5M | 5.6M | 6.7M | 5.9M | 10.3M | 11M | 8.6M |
| Long-term debt | 331.1K | 234.2K | 33.1K | 0 | 0 | 2.4M | 923.7K | 1.2M | 1.2M | 2.3M | 1M | 968.5K |
| Total liabilities | 11.3M | 6M | 2.3M | 2M | 1.5M | 7.4M | 6.5M | 8M | 7M | 12.6M | 12M | 9.6M |
| Shareholders' equity | -6.1M | -96.3K | 3.2M | 3.1M | 12M | 7.5M | 5.9M | 5.5M | 3.5M | 2.5M | 18.9M | 23.5M |
| Total debt | 8.3M | 3.6M | 422.8K | 330.4K | 234.2K | 5.1M | 5.1M | 6.6M | 4.6M | 8.8M | 7.4M | 6.3M |
| Net debt | 8M | 1.6M | -691K | -50.5K | -9.8M | -7.1M | -4.4M | -2.3M | -1.5M | -2.2M | -18.5M | -22.1M |
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 | FY19 | FY20 | FY21 | FY22 | FY24 | FY25 |
|---|---|---|---|---|---|---|
| Net income | -11.5M | -7.2M | -20.7M | -17.7M | -15.5M | -22.4M |
| Depreciation & amortization | 178.9K | 666K | 708.3K | 394K | 653.1K | 540.9K |
| Stock-based compensation | — | 0 | 12.8M | 800.8K | 995.5K | 1.5M |
| Change in working capital | 26.9K | 166.9K | -629.5K | 388.2K | -101.9K | -13.3K |
| Operating cash flow | -11.4M | -6.4M | -7.8M | -16.1M | -14M | -17.2M |
| Capital expenditure | -1M | -402.1K | -814.7K | -153.4K | -211.8K | — |
| Investing cash flow | 2.7M | -384.2K | -814.7K | -152.7K | -211.8K | — |
| Dividends paid | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — |
| Financing cash flow | 6.1M | 8.8M | 26M | 4.9M | 30.8M | 16.1M |
| Net change in cash | -2.5M | 2.1M | 17.4M | -11.3M | 16.6M | -1.1M |
| Free cash flow | -10.5M | -7.2M | -11.2M | -16M | -18.7M | -17.4M |
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 | Q2 23 | Q3 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income | -6.6M | -6M | -3M | -3.2M | -3.2M | -6.1M | -3.8M | -4.7M | -7.3M | -6.3M | -9.3M | -5.9M |
| Depreciation & amortization | 155.3K | 154.7K | 163.6K | 163.8K | 165.4K | 160.3K | 165.3K | 147K | 106.8K | 121.8K | 121.2K | 98.2K |
| Stock-based compensation | 217.4K | 236.3K | 164.6K | 376.8K | 393.8K | 60.3K | 357.6K | 187.4K | 592.8K | 386K | 593.1K | 362.2K |
| Change in working capital | -22.5K | 9.4K | -7.8K | -22.6K | -23.7K | -47.8K | -39K | 14.1K | 544 | 11K | -45.9K | 15.5K |
| Operating cash flow | -6.3M | -5.6M | -2.7M | -2.7M | -2.7M | -6M | -3.2M | -4.8M | -4.2M | -3.6M | -6.9M | -5.9M |
| Capital expenditure | -1 | 0 | -81.5K | -72.6K | 140.8K | -198.5K | 0 | — | — | — | — | — |
| Investing cash flow | -1 | 0 | -81.5K | -72.6K | 140.8K | -198.5K | 0 | — | — | — | — | — |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | 214.8K | 5.9M | 9.9M | 1.1M | 13.4M | 6.4M | 1.9M | 4.2M | 1.5M | 2.6M | 21.9M | 8.5M |
| Net change in cash | -6.1M | 349.8K | 7.2M | -1.7M | 10.8M | 291.6K | -1.3M | -612.9K | -2.8M | -1M | 15M | 2.6M |
| Free cash flow | -4.6M | -4.3M | -8.8M | -1.8M | -3.7M | -4.3M | -4.6M | -4.8M | -4.2M | -3.8M | -7M | -6M |