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 | -$0.03 | $0.09 | +400.0% | — | $0 | — |
| Q3 25 | -$0.22 | -$0.27 | -22.7% | — | $0 | — |
| Q2 25 | -$0.19 | -$0.04 | +78.9% | — | $0 | — |
| Q1 25 | -$0.15 | -$0.86 | -473.3% | — | $0 | — |
| Q4 24 | -$0.2 | -$1.7 | -750.0% | — | $0 | — |
| Q3 24 | -$0.2 | -$0.2 | 0.0% | — | $0 | — |
| Q2 24 | -$0.2 | -$0.4 | -100.0% | — | $0 | — |
| Q1 24 | -$0.2 | -$0.88 | -340.0% | — | $0 | — |
| Q3 23 | -$0.28 | -$0.39 | -39.3% | — | $0 | — |
| Q2 23 | -$0.24 | -$0.26 | -8.3% | — | $0 | — |
| Q1 23 | -$0.52 | -$1.74 | -234.6% | — | $0 | — |
| Q3 22 | — | -$0.19 | — | — | $0 | — |
| Q2 22 | — | -$0.18 | — | — | $0 | — |
| Q1 22 | -$0.1 | -$0.07 | +30.0% | — | $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 | — | -$4.16 | — | — | $0 | — |
| FY24 | — | -$2.07 | — | — | $0 | — |
| FY23 | — | -$1.49 | — | — | $0 | — |
| FY22 | — | $0.38 | — | — | $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 | — | — | 233.7K | 1.2M | 1.5M | 4.4M | 2.3M | 0 | 0 | — |
| Selling, general & administrative | 87.9K | 2.2M | 10.6M | 5.9M | 4.3M | 9.2M | 10.8M | 13.3M | 13.6M | 16.8M |
| Operating expenses | 87.9K | 2.2M | 27.9M | 8.4M | 7.4M | 19.2M | 16.8M | 14M | 14M | 17M |
| Operating income | -87.9K | -2.2M | -27.9M | -8.4M | -7.4M | -19.2M | -16.8M | -14M | -14M | -17M |
| Operating margin | — | — | — | — | — | — | — | — | — | — |
| Non-operating income, net | -60K | -8.4K | 823.2K | -107.8M | 5.6M | -15.5M | 29M | -42.5M | -8.2M | -105.7M |
| Pretax income | -147.9K | -2.3M | -26.8M | -116.4M | -2.4M | -34.9M | 12.6M | -64.7M | -29.4M | -133.5M |
| Income tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — | — | — |
| Net income | -147.9K | -2.3M | -26.8M | -116.4M | -2.4M | -34.9M | 12.6M | -64.7M | -29.4M | -133.5M |
| Net margin | — | — | — | — | — | — | — | — | — | — |
| EBITDA | -87.9K | -2.2M | -27.2M | 99.3M | -7.3M | -18.7M | -45.7M | -13.8M | -13.6M | -17.8M |
| EPS | -0.54 | -2.52 | -1.62 | -5.76 | -0.18 | -1.26 | 0.38 | -1.49 | -2.07 | -4.16 |
| Diluted EPS | -0.54 | -2.52 | -1.62 | -5.76 | -0.18 | -1.26 | -0.37 | -1.49 | -2.07 | -4.16 |
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 | 628K | -1.6M | 0 | 0 | — | — | — | — | — | — | — | — |
| Selling, general & administrative | 3.9M | 3.1M | 3.3M | 2.4M | 2.5M | 3.5M | 3.7M | 3.4M | 3.9M | 5.7M | 3.8M | 3.9M |
| Operating expenses | 4.8M | 1.5M | 3.3M | 2.5M | 2.5M | 3.7M | 3.8M | 3.5M | 4.1M | 5.7M | 3.8M | 4M |
| Operating income | -4.2M | -1.5M | -3.3M | -2.5M | -2.5M | -3.7M | -3.8M | -3.5M | -4.1M | -5.7M | -3.8M | -4M |
| Operating margin | — | — | — | — | — | — | — | — | — | — | — | — |
| Non-operating income, net | -5.1M | -43.3M | -7.8M | -675.9K | 2.3M | -2.8M | -5.1M | 4.1M | 1.7M | -106.5M | 33.4M | 14.1M |
| Pretax income | -9.2M | -45.5M | -12.2M | -4.2M | -2.1M | -8.7M | -12.7M | -2M | -4.7M | -114M | 28.1M | 9M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — |
| Net income | -9.2M | -45.5M | -12.2M | -4.2M | -2.1M | -8.7M | -12.7M | -2M | -4.7M | -114M | 28.1M | 9M |
| Net margin | — | — | — | — | — | — | — | — | — | — | — | — |
| EBITDA | 1.1M | -1.7M | 4.6M | -1.8M | -2.1M | -3.9M | -3.8M | -7.4M | -4M | -6.6M | -4M | -4.4M |
| EPS | -0.2 | — | -0.88 | -0.4 | -0.2 | — | -0.86 | -0.11 | -0.27 | — | 0.28 | 0.09 |
| Diluted EPS | -0.2 | — | -0.88 | -0.4 | -0.2 | — | -0.86 | -0.11 | -0.27 | — | 0.16 | 0.08 |
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 | — | — | — | — | — | — | — | — | — | — | 56.6M |
| Enterprise value | — | — | — | — | — | — | — | — | — | — | 48.4M |
| Shares outstanding | 376.4K | 1.3M | 22.9M | 28.6M | 31M | 39.5M | 46.5M | 60M | 14.3M | 32.1M | 32.1M |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | — | — | — | — | -0.13 |
| P/B | — | — | — | — | — | — | — | — | — | — | 0.83 |
| EV/EBITDA | — | — | — | — | — | — | — | — | — | — | -4.18 |
| Earnings yield | — | — | — | — | — | — | — | — | — | — | -785.5% |
| FCF yield | — | — | — | — | — | — | — | — | — | — | 5.19% |
| PEG | — | — | — | — | — | — | — | — | — | — | 0 |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | — | — | — | — | — | — | 0% |
| Net margin | — | — | — | — | — | — | — | — | — | — | 0% |
| ROE | 243.3% | -28.5% | -13.5% | -131.4% | -2.59% | -34.9% | 9.92% | -77.6% | -45.8% | -288.6% | -110% |
| ROA | -44.2% | -27.2% | -13.1% | -118.4% | -2.3% | -20.8% | 6.69% | -43.5% | -19.4% | -71.9% | -6.08% |
| ROIC | 263.7% | -88% | -14.3% | -9.32% | -7.78% | -30.5% | -11.3% | — | — | — | — |
| Return on tangible assets | -44.2% | -27.2% | -13.1% | -118.4% | -2.3% | -20.8% | 6.69% | -43.5% | -19.4% | -71.9% | -41.6% |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current ratio | 0.02 | 15.3 | 1.35 | 17.9 | 3.68 | 13.2 | 0.25 | 0.66 | 0.08 | 0.46 | 0.88 |
| Quick ratio | 0.02 | 15.3 | 1.35 | 17.9 | 3.68 | 13.2 | 0.25 | 0.66 | 0.08 | 0.46 | 0.88 |
| Debt / equity | -0.51 | — | — | 0.07 | 0.07 | 0.23 | 0.23 | 0.54 | 1.12 | 0.94 | 0.48 |
| Debt / assets | 0.09 | — | — | 0.06 | 0.06 | 0.14 | 0.16 | 0.3 | 0.47 | 0.23 | 0.24 |
| Net debt / EBITDA | -0.31 | — | — | 0.02 | -0.34 | 1.98 | -0.47 | -2.63 | -5 | -0.25 | -0.58 |
| Interest coverage | — | -1.9K | — | — | -2.78 | -181.8 | — | -6.94 | -3.05 | -11.4 | -11.1 |
| 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 |
| EPS (basic) | -0.54 | -2.52 | -1.62 | -5.76 | -0.18 | -1.26 | 0.38 | -1.49 | -2.07 | -4.16 | -4.16 |
| EPS (diluted) | -0.54 | -2.52 | -1.62 | -5.76 | -0.18 | -1.26 | -0.37 | -1.49 | -2.07 | -4.16 | -2.13 |
| Book value per share | -0.16 | 6.07 | 8.66 | 3.09 | 2.97 | 2.53 | 2.72 | 1.39 | 4.51 | 1.44 | 0.65 |
| FCF per share | 0.03 | -1.22 | -1.19 | -0.33 | -0.18 | -0.48 | -1.37 | -0.61 | -1.23 | -0.64 | -0.23 |
| Cash per share | 0.01 | 4.11 | 0.14 | 0.15 | 0.13 | 1.53 | 0.18 | 0.14 | 0.26 | 1.22 | 0.34 |
| Capex per share | 0.05 | 0.13 | 0.1 | 0.01 | 0 | 0.04 | 1.02 | 0.23 | 0.04 | — | — |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Capex / operating cash flow | -53.7% | -11.6% | -8.78% | -0.18% | 0% | -5.01% | 400.6% | -24.3% | -3.52% | — | — |
| Payout ratio | — | — | — | — | — | 0% | 0% | 0% | 0% | 0% | 0% |
| Dividend yield | — | — | — | — | — | — | — | — | — | — | 1.9K% |
Split-adjusted payout per share by ex-dividend date.
| Ex-dividend | Amount |
|---|---|
| Jun 22, 2022 | $9.92 |
| Jun 18, 2021 | $178.56 |
| Date | Ratio |
|---|---|
| Jan 2, 2025 | 1:4 |
| Apr 13, 2022 | 1:18 |
| FY21 | — | -$1.26 | — | — | $0 | — |
| FY20 | — | -$0.18 | — | — | $0 | — |
| FY19 | — | -$5.76 | — | — | $0 | — |
| FY18 | — | -$1.62 | — | — | $0 | — |
| FY17 | — | -$2.52 | — | — | $0 | — |
| FY16 | — | -$0.54 | — | — | $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 | 3.8K | 29.8M | 3.3M | 4.4M | 4.2M | 60.4M | 8.4M | 8.2M | 3.7M | 39M |
| Receivables | 2.6K | — | — | — | 221K | 957K | — | — | — | — |
| Inventory | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 6.5K | 31.2M | 5.2M | 5.1M | 10.5M | 61.9M | 13.5M | 10.6M | 5.7M | 40.5M |
| Property, plant & equipment | 328.3K | — | 203.4M | 97.2M | 97.2M | 104.7M | 173.3M | 136.9M | 144.5M | 143.9M |
| Goodwill & intangibles | — | — | — | — | — | — | — | — | — | — |
| Total assets | 334.7K | 141.8M | 204.6M | 98.3M | 103.7M | 167.6M | 187.5M | 148.7M | 151.4M | 185.6M |
| Accounts payable | 223.5K | 1.5M | 2.3M | 151.6K | 981K | 3.5M | 18.5M | 8.8M | 3.6M | 5.8M |
| Short-term debt | 31.3K | — | — | — | — | — | 25.7M | — | 64M | 55K |
| Total current liabilities | 395.5K | 3.5M | 3.9M | 286.6K | 2.8M | 4.7M | 54.1M | 16M | 72M | 88.2M |
| Long-term debt | — | — | — | 6.3M | 6.7M | 23.3M | 4M | 44.6M | 7.9M | 43.4M |
| Total liabilities | 395.5K | 4.3M | 6.2M | 9.8M | 11.5M | 67.6M | 61M | 65.4M | 87.1M | 139.3M |
| Shareholders' equity | -60.8K | 137.5M | 198.4M | 88.6M | 92.2M | 100M | 126.5M | 83.3M | 64.3M | 46.3M |
| Total debt | 31.3K | — | — | 6.3M | 6.7M | 23.3M | 29.7M | 44.6M | 71.9M | 43.4M |
| Net debt | 27.5K | — | — | 1.9M | 2.5M | -35.3M | 21.7M | 37M | 68.2M | 4.4M |
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 | 15.7M | 8.2M | 6.4M | 3.7M | 2.4M | 3.7M | 3.2M | 2.9M | 3M | 39M | 40.2M | 35.9M |
| Receivables | 993K | — | 586K | 257.6K | 209.7K | — | — | — | — | — | — | — |
| Inventory | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 17.4M | 10.6M | 8.9M | 5M | 3.3M | 5.7M | 5.3M | 4.3M | 4.7M | 40.5M | 42.9M | 39.1M |
| Property, plant & equipment | 193.1M | 136.9M | 139.3M | 101.3M | 99M | 144.5M | 144.9M | 140.1M | 142.2M | 143.9M | 148.7M | 155.9M |
| Goodwill & intangibles | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | 210.3M | 148.7M | 149.3M | 107.2M | 103.2M | 151.4M | 151.4M | 145.6M | 148.1M | 185.6M | 192.8M | 196.3M |
| Accounts payable | 9.6M | 8.8M | 7.7M | 4.6M | 3.9M | 3.6M | 7M | 4.9M | 6.7M | 5.8M | 5.6M | 7.4M |
| Short-term debt | 55.3M | — | 47.4M | 35M | 33M | 64M | 68.1M | 64.6M | 68.7M | 55K | 59K | 50K |
| Total current liabilities | 72.9M | 16M | 63.5M | 46.8M | 45.7M | 72M | 82M | 79.6M | 88.1M | 88.2M | 57.2M | 44.5M |
| Long-term debt | 3.6M | 44.6M | 5.6M | 5.2M | 5.6M | 7.9M | 8.1M | 6.1M | 5M | 43.4M | 44.6M | 46.9M |
| Total liabilities | 79.2M | 65.4M | 74.9M | 56.6M | 56.5M | 87.1M | 97.6M | 94.5M | 100M | 139.3M | 109.6M | 99M |
| Shareholders' equity | 131.1M | 83.3M | 74.5M | 50.7M | 46.7M | 64.3M | 53.8M | 51.1M | 48M | 46.3M | 83.2M | 97.3M |
| Total debt | 58.9M | 44.6M | 53M | 40.2M | 38.6M | 71.9M | 76.1M | 70.7M | 73.8M | 43.4M | 44.7M | 46.9M |
| Net debt | 43.9M | 37M | 47.3M | 36.7M | 36.3M | 68.2M | 72.9M | 67.7M | 70.7M | 4.4M | 4.5M | 11M |
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 | -147.9K | -2.3M | -26.8M | -116.4M | -2.4M | -34.9M | 12.6M | -64.7M | -29.4M | -133.5M |
| Depreciation & amortization | — | — | — | — | 0 | 2K | 48K | 56K | 65K | 96K |
| Stock-based compensation | 0 | 1M | 4M | 1.4M | 689.6K | 731K | 1.3M | 1.2M | 1.8M | 1.7M |
| Change in working capital | 114.4K | -184.8K | -784.1K | 1.5M | 33K | -587K | -2.1M | 1.8M | -229K | 1.3M |
| Operating cash flow | -33.5K | -1.4M | -25M | -113.1M | -356.4K | -31.9M | 11.9M | -56.4M | -15.7M | -15.9M |
| Capital expenditure | -18K | -165K | -2.2M | -207.8K | 0 | -1.6M | -47.6M | -13.7M | -555K | — |
| Investing cash flow | -18K | -700K | -2.3M | -423.9K | 12K | -8.1M | -43.6M | -14M | 1.3M | 17K |
| Dividends paid | — | — | — | — | — | 0 | 0 | 0 | 0 | 0 |
| Share repurchases | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | -12.5K | 7.3M | 452.4K | 8.2M | 4.4M | 72.5M | 10.9M | 38.2M | 11.9M | 50.7M |
| Net change in cash | -64K | 5.2M | -26.9M | -105.4M | 4.1M | 32.5M | -20.8M | -32.2M | -2.6M | 34.8M |
| Free cash flow | 9.7K | -1.6M | -27.2M | -9.4M | -5.7M | -19M | -63.5M | -36.8M | -17.6M | -20.4M |
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 | -9.2M | -45.5M | -12.2M | -4.2M | -2M | -8.7M | -12.7M | -2M | -4.7M | -114M | 28.1M | 9M |
| Depreciation & amortization | 12K | 14K | 14K | 10.9K | 10K | 22K | 14K | 15K | 14K | 53K | 32K | 33K |
| Stock-based compensation | 317K | 365K | 695K | 303.2K | 230.4K | 465K | 351K | 252K | 212K | 892K | 1M | 159K |
| Change in working capital | -229K | -89K | 495K | 166.4K | 44.2K | -1M | 480K | 377K | 41K | -254K | -124K | -70K |
| Operating cash flow | -9M | -40.9M | -9.9M | -1.9M | -1.5M | -6.9M | -2.1M | -4.5M | -2.2M | -9M | -4.1M | -3.7M |
| Capital expenditure | 523K | 526K | -565K | 217.1K | -43.5K | -229K | -335K | — | — | — | — | — |
| Investing cash flow | 765K | -1.5M | -66K | 728K | 306K | -106K | -322K | 0 | 4K | 0 | 0 | 0 |
| Dividends paid | 0 | 0 | 0 | 0 | 0 | 0 | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | -17K | -50K | 2.3M | 1.4M | -3M | 6.7M | -22K | 4.6M | -41K | 43.3M | 8.7M | 3.5M |
| Net change in cash | -8.3M | -42.5M | -7.7M | 254K | -4.2M | -310K | -2.5M | 75K | -2.2M | 34.3M | 4.7M | -186K |
| Free cash flow | -11.5M | -5.5M | -4.7M | -2.6M | -2.1M | -6.3M | -508K | -4.9M | -2.6M | -12.4M | -7.6M | -7.8M |