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 | -$0.86 | -$0.64 | +25.6% | — | $0 | — |
| Q1 26 | -$0.79 | -$0.86 | -8.9% | — | $0 | — |
| Q4 25 | -$0.7 | -$0.88 | -25.7% | — | $0 | — |
| Q3 25 | -$0.64 | -$0.84 | -31.2% | — | $0 | — |
| Q2 25 | -$0.62 | -$0.7 | -12.9% | — | $0 | — |
| Q1 25 | -$0.62 | -$0.56 | +9.7% | — | $0 | — |
| Q4 24 | -$0.63 | -$0.8 | -27.0% | — | $0 | — |
| Q3 24 | -$0.41 | -$0.55 | -34.1% | — | $0 | — |
| Q2 24 | -$0.29 | -$0.27 | +6.9% | — | $0 | — |
| Q1 24 | -$0.32 | -$0.41 | -28.1% | — | $0 | — |
| Q4 23 | -$0.29 | -$0.95 | -227.6% | — | $0 | — |
| Q3 23 | -$0.95 | $0.65 | +168.4% | — | $0 | — |
| Q4 22 | -$2.2 | -$2 | +9.1% | — | $0 | — |
| Q3 22 | -$2.06 | -$1.37 | +33.5% | — | $0 | — |
| Q2 22 | — | -$2.06 | — | — | $0 | — |
| Q1 22 | — | -$2.22 | — | — | $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 | — | -$2.98 | — | — | $0 | — |
| FY24 | — | -$2.02 | — | — | $0 | — |
| FY23 | — | -$0.82 | — | — | $0 | — |
| FY22 | — | -$11.2 | — | — | $0 | — |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| 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 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost of revenue | — | — | — | — | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — | — | — | — | — |
| Gross margin | — | — | — | — | — | — | — | — | — | — |
| Research & development | 7.3M | 5.1M | 5.8M | 6.6M | 9.4M | 8.5M | 1.3M | 8.4M | 18.8M | 21.8M |
| Selling, general & administrative | 11.1M | 6.2M | 6.2M | 4.8M | 6.4M | 7.4M | 2.1M | 6.5M | 9.2M | 10.5M |
| Operating expenses | 18.3M | 11.3M | 11.9M | 11.5M | 15.9M | 15.9M | 3.5M | 7.8M | 18.2M | 28.3M |
| Operating income | -18.4M | -11.3M | -12M | -11.6M | -16M | -16M | -3.5M | -7.8M | -18.2M | -28.3M |
| Operating margin | — | — | — | — | — | — | — | — | — | — |
| Non-operating income, net | 0 | 11.8M | -6.9M | — | — | -8.6M | -2.4M | 5.4M | -991 | -8.3K |
| Pretax income | -18.4M | -2.4M | -18.8M | -11.5M | -15.9M | -24.5M | -5.8M | -2.2M | -16.3M | -27M |
| Income tax | -364.8K | -1.1M | -437.3K | 332.9K | -1.7M | -443.9K | 0 | — | — | — |
| Net income | -18M | -1.4M | -18.4M | -11.8M | -14.2M | -24.1M | -5.8M | -2.2M | -16.3M | -27M |
| Net margin | — | — | — | — | — | — | — | — | — | — |
| EBITDA | -18.3M | -23.1M | -5M | -11.5M | -15.9M | -7.3M | -5.8M | -2.2M | -18.2M | -28.3M |
| EPS | -2K | -237 | -615.8 | -132 | -22.5 | -18.6 | -11.2 | -0.82 | -2.02 | -2.98 |
| Diluted EPS | -2K | -2.2K | -615.8 | -132 | -22.5 | -18.6 | -11.2 | -0.82 | -2.02 | -2.98 |
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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost of revenue | — | — | — | — | — | — | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — | — | — | — | — | — | — |
| Gross margin | — | — | — | — | — | — | — | — | — | — | — | — |
| Research & development | 1.8M | 2.9M | 2.8M | 3.8M | 5.1M | 7.1M | 4.8M | 5.1M | 6M | 5.8M | 5.1M | 4.3M |
| Selling, general & administrative | 2.4M | 2.1M | 2.1M | 2.5M | 2.2M | 2.3M | 2.4M | 3.3M | 2.3M | 2.5M | 3M | 2.4M |
| Operating expenses | 2.7M | 2.5M | 2.6M | 3M | 5.4M | 7.2M | 5.3M | 6.6M | 8M | 8.3M | 8.1M | 6.7M |
| Operating income | -2.7M | -2.5M | -2.6M | -3M | -5.4M | -7.2M | -5.3M | -6.6M | -8M | -8.3M | -8.1M | -6.7M |
| Operating margin | — | — | — | — | — | — | — | — | — | — | — | — |
| Non-operating income, net | 4.8M | -600 | -30 | -247 | -3.4K | 2.7K | -135 | -10.3K | -1.2K | 3.3K | -1K | 2K |
| Pretax income | 2.2M | -2.4M | -2.5M | -2.3M | -4.8M | -6.7M | -4.9M | -6.3M | -7.7M | -8.1M | -8M | -6.6M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — |
| Net income | 2.2M | -2.4M | -2.5M | -2.3M | -4.8M | -6.7M | -4.9M | -6.3M | -7.7M | -8.1M | -8M | -6.6M |
| Net margin | — | — | — | — | — | — | — | — | — | — | — | — |
| EBITDA | -2.7M | 3.2M | -2.6M | -3M | -5.4M | -7.2M | -5.3M | -6.6M | -8M | -8.3M | -8.1M | -6.7M |
| EPS | 0.65 | — | -0.41 | -0.27 | -0.55 | — | -0.56 | -0.84 | -0.84 | — | -0.86 | -0.64 |
| Diluted EPS | -0.7 | — | -0.41 | -0.27 | -0.55 | — | -0.56 | -0.84 | -0.84 | — | -0.86 | -0.64 |
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 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market cap | — | — | — | — | — | — | — | — | — | — | 40.4M |
| Enterprise value | — | — | — | — | — | — | — | — | — | — | 13.5M |
| Shares outstanding | 9.1K | 11K | 43.2K | 89.4K | 717.8K | 1.3M | 518.1K | 2.7M | 8.1M | 9M | 9M |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | — | — | — | — | 4.86 |
| P/S | — | — | — | — | — | — | — | — | — | — | 121.8 |
| P/B | — | — | — | — | — | — | — | — | — | — | 1.57 |
| EV/EBITDA | — | — | — | — | — | — | — | — | — | — | -0.48 |
| EV/Sales | — | — | — | — | — | — | — | — | — | — | 40.6 |
| Earnings yield | — | — | — | — | — | — | — | — | — | — | 20.6% |
| FCF yield | — | — | — | — | — | — | — | — | — | — | -40.4% |
| PEG | — | — | — | — | — | — | — | — | — | — | -0.2 |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | — | — | — | — | — | — | -9.4K% |
| Net margin | — | — | — | — | — | — | — | — | — | — | 0% |
| ROE | -196.4% | -6.43% | -117.7% | -58.6% | -57.2% | -69% | 17.4% | -29.4% | -41.6% | -148% | -107.6% |
| ROA | -103.2% | -5.22% | -100.9% | -48.9% | -51.2% | -63.7% | -139.6% | -21.8% | -37.8% | -117.9% | -60.8% |
| ROIC | -182.6% | -88.1% | -157.9% | -186.2% | -247.8% | 667.7% | 9.3% | — | — | — | — |
| Return on tangible assets | 132.1% | 27.3% | -2K% | -172.7% | -135.7% | -63.7% | -139.6% | -21.8% | -37.8% | -117.9% | -116.8% |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current ratio | 0.36 | 3.59 | 11.1 | 8.51 | 7.71 | 12.9 | 0.32 | 3.84 | 11.1 | 4.91 | 8.57 |
| Quick ratio | 0.36 | 3.59 | 11.1 | 8.51 | 7.71 | 12.9 | 0.32 | 3.84 | 11.1 | 4.91 | 8.57 |
| Debt / equity | 0.26 | 0.03 | 0 | 0.01 | 0.01 | 0 | -0.37 | — | — | — | 0 |
| Debt / assets | 0.14 | 0.02 | 0 | 0.01 | 0.01 | 0 | 2.99 | — | — | — | — |
| Net debt / EBITDA | -0.05 | 0.36 | 1.6 | 1.22 | 1.16 | 5.11 | 0.7 | — | — | — | — |
| Interest coverage | -618.9 | -236.4 | -79.3 | — | — | — | -9.9K | — | — | — | — |
| Effective tax rate | 0% | 0% | 0% | 0% | 0% | 0% | 0% | — | — | — | — |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue per share | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.04 |
| EPS (basic) | -2K | -237 | -615.8 | -132 | -22.5 | -18.6 | -11.2 | -0.82 | -2.02 | -2.98 | -2.98 |
| EPS (diluted) | -2K | -2.2K | -615.8 | -132 | -22.5 | -18.6 | -11.2 | -0.82 | -2.02 | -2.98 | -3.21 |
| Book value per share | 1K | 1.9K | 361.1 | 225.2 | 34.6 | 26.9 | -64.2 | 2.77 | 4.86 | 2.02 | 1.7 |
| FCF per share | -1.2K | -1.2K | -249.2 | -110.2 | -18.9 | -11.2 | -4.97 | -2.8 | -2.05 | -2.59 | -2.73 |
| Cash per share | 170.7 | 806.3 | 184.9 | 158.5 | 25.8 | 28.7 | 31.8 | 2.93 | 4.82 | 2.31 | 1.65 |
| Capex per share | 0.26 | 40.6 | 0 | — | 0 | 0 | 0 | — | — | — | — |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Capex / operating cash flow | -0.02% | -11.8% | 0% | — | 0% | -0.02% | 0% | — | — | — | — |
| Payout ratio | — | — | — | — | — | — | — | — | — | — | 0% |
| FY21 | — | -$18.6 | — | — | $0 | — |
| FY20 | — | -$22.5 | — | — | $0 | — |
| FY19 | — | -$132 | — | — | $0 | — |
| FY18 | — | -$615.8 | — | — | $0 | — |
| FY17 | — | -$237 | — | — | $0 | — |
| FY16 | — | -$2K | — | — | $0 | — |
| 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 | $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 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 1.6M | 8.9M | 8M | 14.2M | 18.5M | 37.3M | 16.5M | 7.8M | 38.9M | 20.9M |
| Receivables | — | — | — | — | — | — | — | — | — | — |
| Inventory | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 1.6M | 9.7M | 8.9M | 14.6M | 18.8M | 37.8M | 4.2M | 10M | 43.1M | 22.9M |
| Property, plant & equipment | 79.8K | 460.7K | 350.3K | 252.4K | 447.6K | — | — | — | — | — |
| Goodwill & intangibles | 31.1M | 31.1M | 17.3M | 17.3M | 17.3M | 0 | — | — | — | — |
| Total assets | 17.5M | 26.1M | 18.2M | 24.1M | 27.7M | 37.8M | 4.2M | 10M | 43.1M | 22.9M |
| Accounts payable | 1.7M | 512K | 198.8K | 1.3M | 545.8K | 947.5K | 97.3K | 662.5K | 1.5M | 1.5M |
| Short-term debt | 1.9M | 550K | — | 111.5K | 113.5K | — | 12.4M | — | — | — |
| Total current liabilities | 4.4M | 2.7M | 804K | 1.7M | 2.4M | 2.9M | 13.2M | 2.6M | 3.9M | 4.7M |
| Long-term debt | 550K | — | 0 | 135.6K | 35.7K | 0 | — | — | — | — |
| Total liabilities | 8.3M | 4.9M | 2.6M | 4M | 2.9M | 2.9M | 37.4M | 2.6M | 3.9M | 4.7M |
| Shareholders' equity | 9.2M | 21.2M | 15.6M | 20.1M | 24.8M | 34.9M | -33.3M | 7.4M | 39.2M | 18.2M |
| Total debt | 2.4M | 550K | 0 | 247K | 149.2K | 0 | 12.4M | — | — | — |
| Net debt | 877.1K | -8.3M | -8M | -13.9M | -18.4M | -37.3M | 8.3M | — | — | — |
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 | 10.4M | 7.8M | 6.4M | 45.1M | 46.7M | 38.9M | 35.2M | 33.5M | 27.3M | 20.9M | 12.9M | 24.9M |
| Receivables | — | — | — | — | — | — | — | — | — | — | — | — |
| Inventory | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 11.8M | 10M | 8M | 47.3M | 48.8M | 43.1M | 38.6M | 38.1M | 30.6M | 22.9M | 15.1M | 26M |
| Property, plant & equipment | — | — | — | — | — | — | — | — | — | — | — | — |
| Goodwill & intangibles | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | 12M | 10M | 8M | 53.2M | 48.9M | 43.1M | 38.6M | 38.1M | 30.6M | 22.9M | 15.1M | 26M |
| Accounts payable | 533.8K | 662.5K | 679.7K | 725.9K | 1.1M | 1.5M | 1.9M | 1.8M | 1.3M | 1.5M | 2.3M | 687.1K |
| Short-term debt | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current liabilities | 2.5M | 2.6M | 2.7M | 3.2M | 3.2M | 3.9M | 3.9M | 4.6M | 4.6M | 4.7M | 4.5M | 3M |
| Long-term debt | — | — | — | — | — | — | — | — | — | — | — | — |
| Total liabilities | 2.5M | 2.6M | 2.7M | 3.2M | 3.2M | 3.9M | 3.9M | 4.6M | 4.6M | 4.7M | 4.5M | 3M |
| Shareholders' equity | 9.6M | 7.4M | 5.3M | 50M | 45.6M | 39.2M | 34.6M | 33.4M | 26M | 18.2M | 10.6M | 23M |
| Total debt | — | — | — | — | — | — | — | — | — | — | — | — |
| Net debt | — | — | — | — | — | — | — | — | — | — | — | — |
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 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net income | -18M | -1.4M | -18.4M | -11.8M | -14.2M | -24.1M | -5.8M | -2.2M | -16.3M | -27M |
| Depreciation & amortization | 25.3K | 68K | 110.4K | 97.9K | 103.2K | 93.4K | 0 | — | — | — |
| Stock-based compensation | 1.4M | 1.2M | 1.2M | 515.8K | 736.1K | 897.3K | 333.8K | 407.6K | 1.4M | 1.4M |
| Change in working capital | 991.6K | -2.7M | -275.8K | 567.7K | 950.6K | 605.4K | 79.2K | -350.2K | -489.9K | 1.4M |
| Operating cash flow | -13.5M | -3.8M | -17.8M | -10.3M | -14.1M | -22.9M | -5.4M | -2.1M | -15.4M | -23.4M |
| Capital expenditure | -2.3K | -447.8K | 0 | — | 0 | 4K | 0 | — | — | — |
| Investing cash flow | 17M | -447.8K | 0 | — | 0 | 4K | -12.2M | — | -28.7M | 18.1M |
| Dividends paid | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | -54.3K | -126K | -428.5K | — | — | — | — | — | — | — |
| Financing cash flow | 3.7M | 18.1M | 8.9M | 12.2M | 9.8M | 31.1M | 0 | 11.1M | 46.4M | 4.6M |
| Net change in cash | 7.2M | 13.9M | -8.9M | 1.9M | -4.2M | 8.2M | -17.6M | 9M | 2.4M | -764K |
| Free cash flow | -10.8M | -12.8M | -10.8M | -9.9M | -13.6M | -14.5M | -2.6M | -7.4M | -16.5M | -23.4M |
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 | 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 | 2.2M | -2.4M | -2.5M | -2.3M | -4.8M | -6.7M | -4.9M | -6.3M | -7.7M | -8.1M | -8M | -6.6M |
| Depreciation & amortization | — | — | — | — | — | — | — | — | — | — | — | — |
| Stock-based compensation | 109.2K | 165K | 218.2K | 578.6K | 271.2K | 337.7K | 361.2K | 497K | 291.7K | 298.7K | 349.2K | 362.3K |
| Change in working capital | 336.7K | 182.5K | 1.3M | 1.1M | 92.4K | -1.6M | 974.2K | -808.3K | 458.8K | 988K | 1.2M | -1.5M |
| Operating cash flow | 2.6M | -2M | -1M | -615.5K | -4.4M | -7.9M | -3.6M | -6.5M | -6.5M | -6.6M | -8M | -6.9M |
| Capital expenditure | — | — | — | — | — | — | — | — | — | — | — | — |
| Investing cash flow | 0 | — | — | -40.6M | 2.6M | 9.3M | 5.4M | -255K | 7.6M | 5.4M | 7.7M | 2.5M |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | 810K | -93.4K | — | — | -13.3K | 0 | — | — | 0 | 0 | — | — |
| Net change in cash | 3.4M | -2.1M | -1M | -41.2M | -1.8M | 1.4M | 1.8M | -6.8M | 1.1M | -1.2M | -307.5K | -4.4M |
| Free cash flow | -1.5M | -2.5M | -1.4M | -2.2M | -4.9M | -8.1M | -3.9M | -6.5M | -6.5M | -6.6M | -8M | -6.9M |