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 | -$0.95 | -$1.14 | -20.0% | — | $0 | — |
| Q1 26 | -$1.57 | -$1.04 | +33.8% | — | $0 | — |
| Q3 25 | -$1.55 | -$1.31 | +15.5% | — | $0 | — |
| Q2 25 | -$1.77 | -$1.87 | -5.6% | — | $0 | — |
| Q1 25 | -$1.64 | -$2.09 | -27.4% | — | $0 | — |
| Q4 24 | -$1.86 | -$8.73 | -369.4% | — | $0 | — |
| Q3 24 | -$1.8 | -$2.18 | -21.1% | — | $0 | — |
| Q2 24 | -$1.8 | -$2.25 | -25.0% | — | $0 | — |
| Q1 24 | -$1.35 | -$1.5 | -11.1% | — | $0 | — |
| Q4 23 | -$1.35 | -$1.87 | -38.5% | — | $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 | — | -$6.64 | — | — | $0 | — |
| FY24 | — | -$8.73 | — | — | $0 | — |
| FY23 | — | -$9.3 | — | — | $0 | — |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | FY23 | FY24 | FY25 |
|---|---|---|---|
| Revenue | $0 | $0 | $0 |
| YoY change | — | 0% | 0% |
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 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 |
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | FY23 | FY24 | FY25 |
|---|---|---|---|
| Revenue | 0 | 0 | 0 |
| Cost of revenue | — | — | — |
| Gross profit | — | — | — |
| Gross margin | — | — | — |
| Research & development | 4.1M | 4.2M | 4.1M |
| Selling, general & administrative | 3.5M | 6.8M | 9.4M |
| Operating expenses | 7.6M | 11M | 13.5M |
| Operating income | -7.6M | -11M | -13.5M |
| Operating margin | — | — | — |
| Non-operating income, net | -956.2K | — | — |
| Pretax income | -8.4M | -10.7M | -13.2M |
| Income tax | — | — | — |
| Net income | -8.4M | -10.7M | -13.2M |
| Net margin | — | — | — |
| EBITDA | -7.4M | -10.6M | -13.5M |
| EPS | -9.3 | -8.73 | -6.64 |
| Diluted EPS | -9.3 | -8.73 | -6.64 |
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 | 243.9K | 361.1K | 629K | 1.3M | 784.6K | 1.5M | 1.7M | 1.1M | 688.5K | 666.3K | 771.5K | 705.2K |
| Selling, general & administrative | 898.1K | 902.1K | 1.1M | 1.2M | 1.7M | 2.7M | 2.3M | 2.7M | 2M | 2.4M | 1.7M | 2.6M |
| Operating expenses | 1.1M | 1.3M | 1.8M | 2.5M | 2.5M | 4.3M | 3.9M | 3.7M | 2.7M | 3.1M | 2.5M | 3.3M |
| Operating income | -1.1M | -1.3M | -1.8M | -2.5M | -2.5M | -4.3M | -3.9M | -3.7M | -2.7M | -3.1M | -2.5M | -3.3M |
| Operating margin | — | — | — | — | — | — | — | — | — | — | — | — |
| Non-operating income, net | — | 0 | — | — | — | — | — | — | — | — | — | — |
| Pretax income | -1M | -1.1M | -1.7M | -2.4M | -2.4M | -4.2M | -3.8M | -3.7M | -2.7M | -3M | -2.5M | -3.3M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — |
| Net income | -1M | -1.1M | -1.7M | -2.4M | -2.4M | -4.2M | -3.8M | -3.7M | -2.7M | -3M | -2.5M | -3.3M |
| Net margin | — | — | — | — | — | — | — | — | — | — | — | — |
| EBITDA | -1M | -1.1M | -1.7M | -2.4M | -2.4M | -4.2M | -3.9M | -3.7M | -2.7M | -3.1M | -2.5M | -3.3M |
| EPS | -1.01 | — | -1.5 | -2.25 | -2.18 | — | -2.09 | -1.87 | -1.31 | — | -1.04 | -1.14 |
| Diluted EPS | -1.01 | — | -1.5 | -2.25 | -2.18 | — | -2.09 | -1.87 | -1.31 | — | -1.04 | -1.14 |
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 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|
| Market cap | — | — | — | — | 3.5M |
| Enterprise value | — | — | — | — | 1.7M |
| Shares outstanding | — | 899.5K | 1.2M | 2M | 2M |
| Metric | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|
| P/E | — | — | — | — | -0.17 |
| P/B | — | — | — | — | 0.85 |
| EV/EBITDA | — | — | — | — | -0.15 |
| Earnings yield | — | — | — | — | -600.9% |
| FCF yield | — | — | — | — | -246% |
| PEG | — | — | — | — | 0 |
| Metric | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|
| Operating margin | — | — | — | — | 0% |
| Net margin | — | — | — | — | 0% |
| ROE | — | -108.6% | -143.2% | -483.3% | -275.2% |
| ROA | — | -98.1% | -105.2% | -305.9% | -125.9% |
| Return on tangible assets | — | -98.1% | -105.2% | -305.9% | -206.5% |
| Metric | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|
| Current ratio | — | 10.3 | 3.77 | 2.72 | 3.73 |
| Quick ratio | — | 10.3 | 3.77 | 2.72 | 3.73 |
| Debt / equity | — | 0 | — | — | 0 |
| Debt / assets | — | 0 | — | — | — |
| Net debt / EBITDA | — | 1.14 | — | — | 0.2 |
| Interest coverage | — | -487.7 | — | — | — |
| Metric | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|
| Revenue per share | — | 0 | 0 | 0 | 0 |
| EPS (basic) | — | -9.3 | -8.73 | -6.64 | -6.64 |
| EPS (diluted) | — | -9.3 | -8.73 | -6.64 | -4.88 |
| Book value per share | — | 8.55 | 6.1 | 1.37 | 1.32 |
| FCF per share | — | -3.93 | -6.04 | -6.32 | -3.49 |
| Cash per share | — | 9.34 | 8.21 | 2.01 | 0.67 |
| Capex per share | — | 0 | 0.01 | — | — |
| Metric | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|
| Capex / operating cash flow | — | -0.08% | -0.08% | — | — |
| Payout ratio | — | — | — | — | 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 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|
| Cash & short-term investments | 32.6K | 8.4M | 10M | 4M |
| Receivables | — | — | — | — |
| Inventory | — | — | — | — |
| Total current assets | 727.6K | 8.5M | 10.1M | 4.3M |
| Property, plant & equipment | 44.6K | 23.3K | 6.9K | 5.2K |
| Goodwill & intangibles | — | — | — | — |
| Total assets | 778.2K | 8.5M | 10.1M | 4.3M |
| Accounts payable | 404.9K | 167.3K | 1.5M | 650.7K |
| Short-term debt | 66K | 21.4K | — | — |
| Total current liabilities | 1.3M | 826.9K | 2.7M | 1.6M |
| Long-term debt | 574.7K | 0 | — | — |
| Total liabilities | 6.3M | 826.9K | 2.7M | 1.6M |
| Shareholders' equity | -5.6M | 7.7M | 7.4M | 2.7M |
| Total debt | 640.7K | 21.4K | — | — |
| Net debt | 608.1K | -8.4M | — | — |
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 | 9.1M | 8.4M | 6.6M | 5M | 4.4M | 10M | 7.3M | 5.6M | 3.9M | 4M | 2.3M | 2.4M |
| Receivables | — | — | — | — | — | — | — | — | — | — | — | — |
| Inventory | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 9.3M | 8.5M | 7M | 5.4M | 4.7M | 10.1M | 7.9M | 6M | 4.1M | 4.3M | 2.9M | 5.6M |
| Property, plant & equipment | 29.8K | 23.3K | 16.6K | 9.9K | 3K | 6.9K | — | 4.3K | — | 5.2K | 4.6K | 2.7K |
| Goodwill & intangibles | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | 9.3M | 8.5M | 7M | 5.5M | 4.7M | 10.1M | 8M | 6M | 4.1M | 4.3M | 2.9M | 5.6M |
| Accounts payable | 141.7K | 167.3K | 400.4K | 759.5K | 496.8K | 1.5M | 1.3M | 895.6K | 614.1K | 650.7K | 824.8K | 871.9K |
| Short-term debt | 25K | 21.4K | 15.2K | 8.8K | 2.2K | — | — | — | — | — | — | — |
| Total current liabilities | 563.6K | 826.9K | 856.3K | 1.5M | 1.3M | 2.7M | 1.8M | 1.7M | 1.4M | 1.6M | 1.1M | 1.5M |
| Long-term debt | 2.2K | 0 | — | — | — | — | — | — | — | — | — | — |
| Total liabilities | 565.8K | 826.9K | 856.3K | 1.5M | 1.3M | 2.7M | 1.8M | 1.7M | 1.4M | 1.6M | 1.1M | 1.5M |
| Shareholders' equity | 8.7M | 7.7M | 6.2M | 4M | 3.4M | 7.4M | 6.1M | 4.3M | 2.7M | 2.7M | 1.8M | 4.1M |
| Total debt | 27.2K | 21.4K | 15.2K | 8.8K | 2.2K | — | — | — | — | — | — | — |
| Net debt | -9.1M | -8.4M | -6.6M | -5M | -4.4M | — | — | — | — | — | — | — |
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 | FY23 | FY24 | FY25 |
|---|---|---|---|
| Net income | -8.4M | -10.7M | -13.2M |
| Depreciation & amortization | 2K | 1.9K | 6.9K |
| Stock-based compensation | 710.4K | 1.4M | 1.9M |
| Change in working capital | 436.9K | 1.3M | -909K |
| Operating cash flow | -4.2M | -7.9M | -12.6M |
| Capital expenditure | -3.3K | -6.5K | — |
| Investing cash flow | -3.3K | -6.5K | — |
| Dividends paid | — | — | — |
| Share repurchases | — | — | -291.9K |
| Financing cash flow | 11.4M | 4.3M | 6.6M |
| Net change in cash | 7.2M | -3.7M | -6M |
| Free cash flow | -3.5M | -7.4M | -12.6M |
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 | -1M | -1.1M | -1.7M | -2.4M | -2.4M | -4.2M | -3.8M | -3.7M | -2.7M | -3M | -2.5M | -3.3M |
| Depreciation & amortization | 597 | 597 | 597 | 470 | 406 | 407 | 5.5K | 401 | 401 | 555 | 555 | 504 |
| Stock-based compensation | 153.1K | 103.1K | 162.7K | 193.1K | 300K | 763.2K | 548.8K | 592.6K | 473.4K | 325.1K | 252.4K | 672.1K |
| Change in working capital | 63.5K | 25.7K | 65.2K | 355.6K | -208.2K | 1.1M | -204.6K | -392.6K | -342.2K | 28.7K | 166.5K | 65.2K |
| Operating cash flow | -819.2K | -1M | -1.4M | -1.8M | -2.3M | -2.3M | -3.5M | -3M | -2.4M | -2.6M | -3M | -2.2M |
| Capital expenditure | -1 | 0 | — | 0 | 0 | -6.5K | -3.3K | — | — | — | — | — |
| Investing cash flow | -1 | 0 | — | 0 | 0 | -6.5K | -3.3K | — | — | — | — | — |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | 6.5M | -12.5K | 0 | 0 | 1.5M | 3.6M | 2M | 1.3M | 648.4K | 3M | 1.3M | -258.6K |
| Net change in cash | 5.7M | -1M | -1.4M | -1.8M | -787.8K | 1.3M | -1.5M | -1.8M | -1.7M | 439.6K | -1.7M | -2.5M |
| Free cash flow | -627.8K | -694.4K | -1.8M | -1.5M | -2.2M | -1.8M | -4.7M | -3M | -2.4M | -2.6M | -3M | -2.2M |