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 | — | -$303.5 | — | — | $0 | — |
| FY24 | — | -$67.6 | — | — | $0 | — |
| FY23 | — | -$42.6 | — | — | $0 | — |
| FY22 | — | -$159.1 | — | — | $0 | — |
| FY21 | — | -$88.2 | — | — | $0 | — |
| FY20 | — | -$17.1 | — | — | $0 | — |
| FY19 | — | -$6.84 | — | — | $0 | — |
| FY18 | — | -$13.7 | — | — | $0 | — |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| YoY change | — | 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.
| Period | Q4 23 |
|---|
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost of revenue | — | — | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — | — | — |
| Gross margin | — | — | — | — | — | — | — | — |
| Research & development | — | — | 0 | 322.7K | 2.1M | 1.1M | 1.4M | 2.1M |
| Selling, general & administrative | 132.2K | 54.5K | 119.3K | 1.5M | 2.1M | 3.2M | 4.3M | 3.6M |
| Operating expenses | 132.2K | 54.5K | 119.3K | 1.8M | 4.2M | 4.3M | 5.7M | 5.6M |
| Operating income | -132.2K | -54.5K | -119.3K | -1.8M | -4.3M | -4.3M | -5.7M | -5.7M |
| Operating margin | — | — | — | — | — | — | — | — |
| Non-operating income, net | 31.2K | — | -91.9K | -21.7K | -408.2K | -1.6M | 633.1K | 1.8M |
| Pretax income | -101K | -54.5K | -211.2K | -1.9M | -4.7M | -5.9M | -4.9M | -3.8M |
| Income tax | — | — | 0 | 0 | 20.3K | 11.8K | 378K | 70.4K |
| Net income | -101K | -54.5K | -211.2K | -1.9M | -4.7M | -5.9M | -5.3M | -3.9M |
| Net margin | — | — | — | — | — | — | — | — |
| EBITDA | -132.2K | -54.5K | -119.3K | -1.8M | -4.2M | -4.2M | -5.4M | -5.7M |
| EPS | -13.7 | -6.84 | -17.1 | -88.2 | -159.1 | -42.6 | -67.6 | -303.5 |
| Diluted EPS | -13.7 | -6.84 | -17.1 | -88.2 | -159.1 | -42.6 | -67.6 | -303.5 |
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 | Q3 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost of revenue | — | — | — | — | — | — | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — | — | — | — | — | — | — |
| Gross margin | — | — | — | — | — | — | — | — | — | — | — | — |
| Research & development | 255.5K | 227.5K | 323K | 345.9K | 486.5K | 461.4K | 451.9K | 723K | 420.2K | 640.5K | 646.7K | 589K |
| Selling, general & administrative | 885.1K | 1.2M | 980.5K | 1.1M | 1.1M | 1M | 855.1K | 684.7K | 997.7K | 3M | 924.5K | 1.6M |
| Operating expenses | 1.1M | 1.4M | 1.3M | 1.5M | 1.5M | 1.5M | 1.3M | 1.4M | 1.4M | 3.7M | 1.6M | 2.2M |
| Operating income | -1.2M | -1.4M | -1.3M | -1.5M | -1.6M | -1.5M | -1.3M | -1.4M | -1.5M | -3.7M | -1.6M | -2.2M |
| Operating margin | — | — | — | — | — | — | — | — | — | — | — | — |
| Non-operating income, net | -1.6M | 157.1K | 398.1K | -665.1K | 743K | 438.6K | 509.9K | 79K | 739.7K | -251.3K | -510.9K | 1.2M |
| Pretax income | -2.8M | -1.2M | -871.5K | -2.1M | -787.6K | -1M | -763.3K | -1.3M | -685.6K | -3.9M | -2M | -904.1K |
| Income tax | 7.7K | 201.5K | 36.8K | 42.6K | 97.1K | 39.3K | 20.7K | 8.3K | 2.2K | 4K | 3.3K | 3.2K |
| Net income | -2.8M | -1.4M | -908.2K | -2.1M | -884.7K | -1.1M | -783.9K | -1.3M | -687.8K | -3.9M | -2M | -907.3K |
| Net margin | — | — | — | — | — | — | — | — | — | — | — | — |
| EBITDA | 447.9K | -1.5M | -1.7M | -807.5K | -1.4M | -1.5M | -1.8M | -1.4M | -1.6M | -3.6M | -2M | -2.4M |
| EPS | — | -0.9 | -0.28 | -0.59 | — | -9.6 | -64 | -100 | — | -33.2 | -6.78 | -0.57 |
| Diluted EPS | — | -0.9 | -0.28 | -0.59 | — | -9.6 | -64 | -100 | — | -33.2 | -6.78 | -0.57 |
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 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|
| Market cap | — | — | — | — | — | — | — | — | — | 2.7M |
| Enterprise value | — | — | — | — | — | — | — | — | — | -11.4M |
| Shares outstanding | — | 10.8K | 12.3K | 18.1K | 30.9K | 43.3K | 202.5K | 77.5K | 12.7K | 12.7K |
| Metric | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | — | — | — | 0.17 |
| P/B | — | — | — | — | — | — | — | — | — | 0.13 |
| EV/EBITDA | — | — | — | — | — | — | — | — | — | 1.29 |
| Earnings yield | — | — | — | — | — | — | — | — | — | 596.2% |
| FCF yield | — | — | — | — | — | — | — | — | — | -180.3% |
| PEG | — | — | — | — | — | — | — | — | — | -0 |
| Metric | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | — | — | — | — | — | 0% |
| Net margin | — | — | — | — | — | — | — | — | — | 0% |
| ROE | — | -81.4% | -78.7% | -82.7% | -70.3% | 623.4% | -876.6% | -169.1% | -323.4% | -107% |
| ROA | — | -78.8% | -59% | -80.5% | -65.5% | -834.3% | -144.8% | -72.4% | -63.4% | -53.1% |
| ROIC | — | — | — | -137.6% | -1.6K% | 449.7% | 139.1% | 155.2% | 216.8% | 751.3% |
| Return on tangible assets | — | -78.8% | -59% | -80.5% | -70.9% | -1.3K% | -147.8% | -73.5% | -64.4% | -44.6% |
| Metric | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|
| Current ratio | — | 10.7 | 0.08 | 24.9 | 13.8 | 0.22 | 1.17 | 1.72 | 1.22 | 4.31 |
| Quick ratio | — | 10.7 | 0.08 | 24.9 | 13.8 | 0.22 | 1.17 | 1.72 | 1.22 | 4.31 |
| Debt / equity | — | — | — | — | — | -0.03 | 0 | 0.02 | 1.49 | 0.14 |
| Debt / assets | — | — | — | — | — | 0.05 | 0 | 0.01 | 0.29 | 0.11 |
| Net debt / EBITDA | — | — | — | — | — | 0.05 | 0.89 | 1.26 | 0.67 | 1.46 |
| Interest coverage | — | — | — | — | — | -475.2 | -537.4 | -133.9 | -192.8 | -376 |
| Effective tax rate | — | — | — | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Metric | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue per share | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (basic) | — | -13.7 | -6.84 | -17.1 | -88.2 | -159.1 | -42.6 | -67.6 | -303.5 | -303.5 |
| EPS (diluted) | — | -13.7 | -6.84 | -17.1 | -88.2 | -159.1 | -42.6 | -67.6 | -303.5 | -57.8 |
| Book value per share | — | 11.5 | 5.61 | 14.1 | 85.4 | -17.4 | 3.31 | 40.1 | 93.8 | 6.04 |
| FCF per share | — | -11.4 | -3.06 | -7.74 | -49.5 | -58.6 | -21.2 | -62.7 | -372.5 | -4.96 |
| Cash per share | — | 3.55 | 0.03 | 9.3 | 81.8 | 5.07 | 18.6 | 88.6 | 439.5 | 4.73 |
| Capex per share | — | 6.32 | 0.42 | 0.28 | 0.54 | 0.09 | 0 | 0 | — | — |
| Metric | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|
| Capex / operating cash flow | — | -120.6% | -10.5% | -2.38% | -1.23% | -0.13% | 0% | 0% | — | — |
| Payout ratio | — | — | — | 0% | 0% | 0% | — | — | — | 0% |
| Q1 24 |
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| Q2 24 |
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| Q3 24 |
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| Q4 24 |
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| Q1 25 |
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| Q2 25 |
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| Q3 25 |
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| Q4 25 |
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| Q1 26 |
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| Q2 26 |
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| Q3 26 |
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| 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 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 54.4K | 38.3K | 355 | 168.7K | 2.5M | 219.7K | 3.8M | 6.9M | 5.6M |
| Receivables | 196 | 4.4K | 1.6K | 1.6K | 109.6K | — | — | — | — |
| Inventory | — | — | — | — | — | — | — | — | — |
| Total current assets | 58.8K | 42.7K | 2K | 170.3K | 2.7M | 296.2K | 3.9M | 7.1M | 5.9M |
| Property, plant & equipment | — | — | — | 91.9K | 11.3K | -194 | -16.3K | 0 | 0 |
| Goodwill & intangibles | — | — | — | 0 | 217.7K | 209.9K | 81.3K | 108.3K | 97.4K |
| Total assets | 68.6K | 128.1K | 92.3K | 262.2K | 2.8M | 563K | 4.1M | 7.3M | 6.1M |
| Accounts payable | 566 | 4K | 6.6K | 2.7K | 191.8K | 951.7K | 420.4K | 526.1K | 682.2K |
| Short-term debt | — | — | — | — | — | 26.2K | — | 36.7K | 1.8M |
| Total current liabilities | 34.9K | 4K | 23.1K | 6.8K | 196.3K | 1.3M | 3.4M | 4.1M | 4.9M |
| Long-term debt | — | — | — | — | — | — | 0 | 16.4K | 0 |
| Total liabilities | 34.9K | 4K | 23.1K | 6.8K | 196.3K | 1.3M | 3.4M | 4.1M | 4.9M |
| Shareholders' equity | 33.6K | 124.2K | 69.2K | 255.3K | 2.6M | -753.5K | 670K | 3.1M | 1.2M |
| Total debt | — | — | — | — | — | 26.2K | 0 | 53.1K | 1.8M |
| Net debt | — | — | — | — | — | -61.6K | -3.7M | -6.5M | -2.1M |
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 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 | Q3 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | — | — | — | — | — | — | — | — | 5.6M | 10.3M | 13.6M | 15.9M |
| Receivables | — | — | — | — | — | — | — | — | — | — | — | — |
| Inventory | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current assets | — | — | — | — | — | — | — | — | 5.9M | 11M | 14.3M | 16.6M |
| Property, plant & equipment | — | — | — | — | — | — | — | — | 0 | 0 | 0 | 0 |
| Goodwill & intangibles | — | — | — | — | — | — | — | — | 97.4K | 94.6K | 91.9K | 89.2K |
| Total assets | — | — | — | — | — | — | — | — | 6.1M | 11.1M | 14.5M | 16.9M |
| Accounts payable | — | — | — | — | — | — | — | — | 682.2K | 912.7K | 713.6K | 718.8K |
| Short-term debt | — | — | — | — | — | — | — | — | 1.8M | 8K | 41.2K | 1.7M |
| Total current liabilities | — | — | — | — | — | — | — | — | 4.9M | 2.9M | 3M | 3.9M |
| Long-term debt | — | — | — | — | — | — | — | — | 0 | — | 44.3K | 101.9K |
| Total liabilities | — | — | — | — | — | — | — | — | 4.9M | 2.9M | 3M | 4M |
| Shareholders' equity | — | — | — | — | — | — | — | — | 1.2M | 8.2M | 11.5M | 13M |
| Total debt | — | — | — | — | — | — | — | — | 1.8M | 8K | 85.6K | 1.8M |
| Net debt | — | — | — | — | — | — | — | — | -2.1M | -9.2M | -11.3M | -10.2M |
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 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|
| Net income | -101K | -54.5K | -211.2K | -1.9M | -4.7M | -5.9M | -5.3M | -3.9M |
| Depreciation & amortization | — | — | 0 | 1.3K | 56.6K | 39.2K | 51.1K | 49.4K |
| Stock-based compensation | 76.5K | 0 | 0 | 422.4K | 822.7K | 249.6K | 883.9K | 805.9K |
| Change in working capital | -782 | 5.4K | -3.8K | 92.8K | 838.1K | -695.9K | 72.2K | -126.8K |
| Operating cash flow | -56.5K | -49.1K | -215K | -1.3M | -2.9M | -6.3M | -4.1M | -4.7M |
| Capital expenditure | -68.1K | -5.2K | -5.1K | -16.5K | -3.8K | 0 | 0 | — |
| Investing cash flow | -68.1K | -5.2K | -2.6K | -26.5K | -3.8K | -17.9K | -238.1K | -542K |
| Dividends paid | — | — | 0 | 0 | 0 | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — |
| Financing cash flow | 108K | 0 | 279.9K | 3.3M | 348.6K | 7.5M | 2.1M | 2.2M |
| Net change in cash | -16.6K | -54.2K | 62.4K | 1.9M | -2.6M | 1.3M | -2.2M | -3.1M |
| Free cash flow | -122.9K | -37.8K | -140.4K | -1.5M | -2.5M | -4.3M | -4.9M | -4.7M |
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 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 | Q3 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income | -2.8M | -1.4M | -908.2K | -2.1M | -884.7K | -1.1M | -783.9K | -1.3M | -687.8K | -3.9M | -2M | -907.3K |
| Depreciation & amortization | 2.7K | 8.6K | 15.7K | 15.2K | 11.5K | 12K | 12K | 12.5K | 12.8K | 13.3K | 13.9K | 14.2K |
| Stock-based compensation | 25.5K | 34K | 290.1K | 377.3K | 182.5K | 380.7K | 231.7K | 77.8K | 115.6K | 1.4M | 131.3K | 131.3K |
| Change in working capital | 188.9K | 202.7K | -21.5K | -15.9K | 10.7K | -28.3K | 29.1K | -27.9K | -99.7K | 54.2K | -241.6K | -69.7K |
| Operating cash flow | -2.5M | -920.9K | -752.5K | -1.7M | -614.4K | -666.5K | -489.5K | -1.1M | -1.3M | -2.1M | -1.8M | -1.9M |
| Capital expenditure | — | — | — | — | — | — | — | — | — | — | — | — |
| Investing cash flow | -23.1K | — | 78.5K | 0 | 0 | 69.5K | 0 | 113K | -524.4K | 0 | 0 | 1.8K |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | 1.2M | 1.8M | -12.8K | 89.9K | 254.3K | -10.3K | -10.3K | -10.8K | -11.2K | 7.2M | -12.4K | 7.9M |
| Net change in cash | -1.3M | 897.6K | -686.8K | -1.7M | -360.2K | -607.3K | -499.7K | -982.7K | -1.8M | 5.1M | -1.8M | 5.9M |
| Free cash flow | -513.1K | -1.5M | -1.2M | -1.1M | -1.1M | -1.3M | -1.1M | -1.1M | -1.3M | -2.1M | -1.8M | -2.7M |