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 % |
|---|---|---|---|---|---|---|
| Q4 25 | -$0.45 | -$1.41 | -213.3% | — | $0 | — |
| Q3 25 | -$2.4 | -$1.2 | +50.0% | — | — | — |
| Q2 25 | -$2.4 | -$2.25 | +6.2% | — | — | — |
| Q1 25 | -$2.4 | -$3.45 | -43.8% | — | $0 | — |
| Q3 24 | -$2.4 | -$1.8 | +25.0% | — | $0 | — |
| Q2 24 | -$1.2 | -$2.4 | -100.0% | — | $0 | — |
| Q1 24 | -$3.75 | -$3.3 | +12.0% | — | $0 | — |
| Q4 23 | -$4.2 | -$7.2 | -71.4% | — | $0 | — |
| Q3 23 | -$0.32 | -$0.32 | 0.0% | — | $0 | — |
| Q2 23 | -$0.46 | -$0.4 | +13.0% | — | $0 | — |
| Q1 23 | -$0.4 | -$0.39 | +2.5% | — | $0 | — |
| Q4 22 | -$0.38 | -$0.39 | -2.6% | — | $0 | — |
| Q3 22 | -$0.29 | -$0.31 | -6.9% | — | $0 | — |
| Q2 22 | -$6.75 | -$8.1 | -20.0% | — | $0 | — |
| Q1 22 | -$0.41 | -$0.45 | -9.8% | — | $0 | — |
| Q3 21 | -$3.15 | -$2.85 | +9.5% | — | $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 | — | — | — | — | $0 | — |
| FY24 | — | -$0.73 | — | — | $0 | — |
| FY23 | — | -$1.56 | — | — | $0 | — |
| FY22 | — | -$1.69 | — | — | $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 | 8.9M | 1.7M | 4M | 5.6M | 6.1M | 12.9M | 18.7M | 19M | 10.6M | 9.2M |
| Selling, general & administrative | 7M | 464K | 1.2M | 2.9M | 3.6M | 6.2M | 6.7M | 5.2M | 4.8M | 5.7M |
| Operating expenses | 15.9M | 2.2M | 5.3M | 8.6M | 9.8M | 19.3M | 25.8M | 25.2M | 15.5M | 15M |
| Operating income | -15.9M | -2.2M | -5.3M | -8.6M | -9.8M | -19.3M | -25.8M | -25.2M | -14.9M | -15M |
| Operating margin | — | — | — | — | — | — | — | — | — | — |
| Non-operating income, net | -22K | -350K | 922K | -945K | -2.3M | 5M | -6.1M | -5.5M | -1.1M | 1.6B |
| Pretax income | -15.8M | -2.5M | -4.2M | -9.4M | -11.8M | -14.5M | -31.1M | -29.1M | -15M | 1.6B |
| Income tax | 216K | 28K | -4K | — | — | — | — | — | — | 382.6M |
| Net income | -16M | -2.5M | -4.2M | -9.4M | -11.8M | -14.5M | -31.1M | -29.1M | -15M | 1.2B |
| Net margin | — | — | — | — | — | — | — | — | — | — |
| EBITDA | -15.8M | -1.7M | -6.1M | -7.5M | -7.2M | -23.8M | -18.9M | -18.8M | -13.2M | -1.6B |
| EPS | -40.4 | -7.52 | -1.4 | -1.11 | -0.9 | -0.81 | -1.69 | -1.56 | -0.73 | — |
| Diluted EPS | -40.4 | -7.52 | -1.4 | -1.11 | -0.9 | -0.81 | -1.69 | -1.56 | -0.73 | — |
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | Q1 23 | Q2 23 | Q3 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost of revenue | — | — | — | — | — | — | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — | — | — | — | — | — | — |
| Gross margin | — | — | — | — | — | — | — | — | — | — | — | — |
| Research & development | 5.2M | 5M | 4.3M | 4.5M | 2.9M | 2M | 2.3M | 3.4M | 2.5M | 2.1M | 1.5M | 3M |
| Selling, general & administrative | 1.6M | 1.6M | 1.3M | 733K | 1.1M | 987K | 771K | 2M | 954K | 937K | 1.1M | 2.7M |
| Operating expenses | 6.8M | 6.6M | 5.6M | 5.2M | 4M | 3M | 3.1M | 5.4M | 3.5M | 3.1M | 2.6M | 5.8M |
| Operating income | -6.8M | -6.6M | -5.6M | -6.1M | -4M | -3M | -3.1M | -4.9M | -3.5M | -3.1M | -2.6M | -5.9M |
| Operating margin | — | — | — | — | — | — | — | — | — | — | — | — |
| Non-operating income, net | -435K | -143K | -335K | -4.6M | -201K | — | — | -938K | -29K | — | — | 1.6B |
| Pretax income | -7.2M | -6.8M | -6M | -9.1M | -4.1M | -3.1M | -2.6M | -5.2M | -3.5M | -1.9M | -2.2M | 1.6B |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — |
| Net income | -7.2M | -6.8M | -6M | -9.1M | -4.1M | -3.1M | -2.6M | -5.2M | -3.5M | -1.9M | -2.2M | 1.2B |
| Net margin | — | — | — | — | — | — | — | — | — | — | — | — |
| EBITDA | -6.6M | -6.4M | -5.4M | -5.9M | -3.6M | -2.8M | -3M | -3.9M | -3.4M | -3M | -2.5M | -1.6B |
| EPS | -0.39 | -0.37 | -0.32 | — | -0.22 | -0.16 | -0.12 | — | -2.25 | -1.2 | -1.35 | — |
| Diluted EPS | -0.39 | -0.37 | -0.32 | — | -0.22 | -0.16 | -0.12 | — | -2.25 | -1.2 | -1.35 | — |
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 | — | 117.5M | — | — | — | — | 1.1B | 752.3M | — | — | 9M |
| Enterprise value | — | 113.9M | — | — | — | — | 1B | 726M | — | — | 21.8M |
| Shares outstanding | 397.7K | 428.2K | 3.5M | 8.6M | 13.2M | 17.9M | 18.4M | 18.6M | 20.5M | — | — |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | — | — | — | — | 0 |
| P/B | — | 37.2 | — | — | — | — | 19.1 | 25 | — | — | 0 |
| EV/EBITDA | — | -65.6 | — | — | — | — | -55 | -38.5 | — | — | -0.91 |
| Earnings yield | — | — | — | — | — | — | — | — | — | — | 344.9K% |
| FCF yield | — | -2.07% | — | — | — | — | -2.95% | -3.16% | — | — | -41.7K% |
| PEG | — | — | — | — | — | — | — | — | — | — | -0.77 |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | — | — | — | — | — | — | 0% |
| Net margin | — | — | — | — | — | — | — | — | — | — | 0% |
| ROE | -184.2% | -79.2% | -43.7% | -83.2% | -33.3% | -17% | -54.6% | -96.6% | -63.6% | 63.9% | 162.9% |
| ROA | -150.7% | -69.1% | -38.4% | -53.4% | -29.3% | -15.2% | -45.9% | -78.9% | -54.2% | 53.1% | -0.62% |
| ROIC | 1.3K% | 596.4% | 7.6K% | — | — | — | — | — | — | -0.59% | -0.59% |
| Return on tangible assets | -150.7% | -69.1% | -38.4% | -56.1% | -29.3% | -15.2% | -45.9% | -78.9% | -54.2% | 53.1% | 53.1% |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current ratio | 5.46 | 7.87 | 9.09 | 2.75 | 8.72 | 18.3 | 7.92 | 5.57 | 6.84 | 193.2 | 119.4 |
| Quick ratio | 5.46 | 7.87 | 9.09 | 2.75 | 8.72 | 18.3 | 7.92 | 5.57 | 6.84 | 193.2 | 193.2 |
| Debt / equity | — | — | — | 0.01 | 0.01 | 0.07 | 0.09 | 0.03 | 0.02 | 0 | 0 |
| Debt / assets | — | — | — | 0.01 | 0.01 | 0.06 | 0.07 | 0.03 | 0.02 | 0 | 0 |
| Net debt / EBITDA | — | — | — | 1.59 | 4.9 | 3.29 | 2.4 | 1.39 | 1.73 | 0 | 0 |
| Effective tax rate | 0% | 0% | 0% | — | — | — | — | — | — | 23.6% | 23.6% |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue per share | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — | — |
| EPS (basic) | -40.4 | -7.52 | -1.4 | -1.11 | -0.9 | -0.81 | -1.69 | -1.56 | -0.73 | — | — |
| EPS (diluted) | -40.4 | -7.52 | -1.4 | -1.11 | -0.9 | -0.81 | -1.69 | -1.56 | -0.73 | — | 2.1K |
| Book value per share | 21.9 | 7.38 | 2.77 | 1.3 | 2.69 | 4.76 | 3.09 | 1.62 | 1.15 | — | 231.6 |
| FCF per share | -39 | -5.68 | -1.03 | -0.84 | -0.91 | -1.07 | -1.74 | -1.28 | -0.64 | — | -236.8 |
| Cash per share | 24.8 | 8.23 | 2.79 | 1.39 | 2.71 | 4.71 | 2.73 | 1.47 | 1.15 | — | 0.33 |
| Capex per share | 0.05 | 0.3 | 0.13 | 0.02 | 0.08 | 0.09 | 0.44 | 0.01 | 0 | — | — |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Capex / operating cash flow | -0.11% | -5.65% | -14.9% | -2.26% | -9.43% | -15.9% | -30.2% | -0.44% | -0.64% | — | — |
| Payout ratio | — | — | — | — | — | — | — | — | — | — | 0% |
| FY21 | — | -$0.81 | — | — | $0 | — |
| FY20 | — | -$0.9 | — | — | $0 | — |
| FY19 | — | -$1.11 | — | — | $0 | — |
| FY18 | — | -$1.4 | — | — | $0 | — |
| FY17 | — | -$7.52 | — | — | $0 | — |
| FY16 | — | -$40.4 | — | — | $0 | — |
| Period | Q1 23 | Q2 23 | Q3 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 9.9M | 3.5M | 9.8M | 12M | 35.7M | 84.1M | 50.2M | 27.3M | 23.5M | 5.8M |
| Receivables | 52K | — | — | 913K | 1.2M | 2.2M | — | — | — | — |
| Inventory | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 10.5M | 3.6M | 10.3M | 16.4M | 38.1M | 86.4M | 52.3M | 33.8M | 26M | 1.7B |
| Property, plant & equipment | 71K | 0 | 685K | 1.1M | 2.1M | 8.2M | 14.9M | 2.6M | 1.2M | 938K |
| Goodwill & intangibles | — | — | — | 820K | — | — | — | — | — | — |
| Total assets | 10.6M | 3.6M | 11M | 17.6M | 40.4M | 95.1M | 67.6M | 36.8M | 27.7M | 2.3B |
| Accounts payable | 700K | 19K | 173K | 316K | 463K | 878K | 1.9M | 827K | 811K | 3.8M |
| Short-term debt | — | — | — | 123K | 203K | 617K | 653K | 346K | 235K | 258K |
| Total current liabilities | 1.9M | 460K | 1.1M | 6M | 4.4M | 4.7M | 6.6M | 6.1M | 3.8M | 9M |
| Long-term debt | — | — | — | — | — | 5.4M | 4.2M | 686K | 299K | 383K |
| Total liabilities | 1.9M | 460K | 1.3M | 6.3M | 4.9M | 10.1M | 10.8M | 6.7M | 4.1M | 392.1M |
| Shareholders' equity | 8.7M | 3.2M | 9.7M | 11.3M | 35.5M | 85M | 56.8M | 30.1M | 23.6M | 1.9B |
| Total debt | — | — | — | 123K | 203K | 6M | 4.8M | 1M | 534K | 641K |
| Net debt | — | — | — | -3.8M | -5.5M | -5.2M | -45.1M | 219K | -2.8M | -1.3M |
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 | Q1 23 | Q2 23 | Q3 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 36M | 28.9M | 30.5M | 27.3M | 23.4M | 25.9M | 24.5M | 23.5M | 20.6M | 19.5M | 18.2M | 5.8M |
| Receivables | 1.6M | 1.9M | 1.3M | — | — | — | — | — | — | — | — | — |
| Inventory | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 37.6M | 30.8M | 31.8M | 33.8M | 28.4M | 28.6M | 27.1M | 26M | 22.6M | 21.3M | 19.5M | 1.7B |
| Property, plant & equipment | 14.8M | 14.3M | 14.3M | 2.6M | 2.2M | 2M | 1.8M | 1.2M | 1.1M | 923K | 1.1M | 938K |
| Goodwill & intangibles | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | 60M | 53M | 46.9M | 36.8M | 31M | 31.9M | 29.8M | 27.7M | 24M | 22.6M | 20.9M | 2.3B |
| Accounts payable | 1.5M | 1.6M | 794K | 827K | 643K | 303K | 92K | 811K | 533K | 542K | 375K | 3.8M |
| Short-term debt | 682K | 667K | 701K | 346K | 341K | 336K | 346K | 235K | 239K | 264K | 275K | 258K |
| Total current liabilities | 5.5M | 5M | 4.3M | 6.1M | 3.6M | 2.8M | 2.8M | 3.8M | 3.1M | 3.3M | 3M | 9M |
| Long-term debt | 4M | 3.7M | 3.8M | 686K | 587K | 499K | 419K | 299K | 264K | 216K | 426K | 383K |
| Total liabilities | 9.4M | 8.7M | 8.2M | 6.7M | 4.2M | 3.3M | 3.2M | 4.1M | 3.4M | 3.5M | 3.5M | 392.1M |
| Shareholders' equity | 50.6M | 44.3M | 38.8M | 30.1M | 26.9M | 28.6M | 26.6M | 23.6M | 20.6M | 19.1M | 17.5M | 1.9B |
| Total debt | 4.7M | 4.4M | 4.5M | 1M | 928K | 835K | 765K | 534K | 503K | 480K | 701K | 641K |
| Net debt | -8.5M | 911K | 2.5M | 219K | -985K | -2.9M | -2M | -2.8M | -1.6M | -1.4M | -3.4M | -1.3M |
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 | -16M | -2.5M | -4.2M | -9.4M | -11.8M | -14.5M | -31.1M | -29.1M | -15M | 1.2B |
| Depreciation & amortization | 38K | 83K | 121K | 206K | 286K | 546K | 777K | 835K | 545K | 332K |
| Stock-based compensation | 700K | 121K | 1M | 810K | 670K | 2.9M | 2.7M | 2M | 2.1M | 1.8M |
| Change in working capital | -427K | -21K | 15K | -179K | -107K | 358K | -158K | -2.1M | -607K | 2.8M |
| Operating cash flow | -15.7M | -2.3M | -3.1M | -8.4M | -10.8M | -10.2M | -26.9M | -23.4M | -12.7M | -10.4M |
| Capital expenditure | -18K | -130K | -461K | -189K | -1M | -1.6M | -8.1M | -103K | 81K | — |
| Investing cash flow | 9M | 2.9M | -533K | -6.4M | -21M | -38.4M | 62.5M | -26M | 9.1M | -1.3M |
| Dividends paid | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | 6.1M | 8.1M | 5.2M | 7.7M | 24.5M | 53.2M | 0 | 360K | 6.5M | 10.4M |
| Net change in cash | -601K | 8.6M | 1.6M | -7M | -7.3M | 4.5M | 35.6M | -49M | 2.8M | -1.3M |
| Free cash flow | -15.5M | -2.4M | -3.6M | -7.2M | -12M | -19.2M | -32.1M | -23.8M | -13.1M | -10.5M |
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 | Q1 23 | Q2 23 | Q3 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income | -7.2M | -6.8M | -6M | -9.1M | -4.1M | -3.1M | -2.6M | -5.2M | -3.5M | -1.9M | -2.2M | 1.2B |
| Depreciation & amortization | 209K | 212K | 214K | 200K | 188K | 160K | 161K | 36K | 90K | 85K | 81K | 76K |
| Stock-based compensation | 633K | 511K | 407K | 400K | 383K | 388K | 377K | 917K | 293K | 295K | 280K | 915K |
| Change in working capital | -778K | -86K | -1.2M | -55K | -287K | -444K | -290K | 414K | -348K | -14K | -234K | 3.4M |
| Operating cash flow | -6.9M | -5.9M | -6.3M | -4.3M | -3.8M | -2.9M | -2.2M | -3.8M | -4.6M | -1.2M | -2M | -2.6M |
| Capital expenditure | -162K | 44K | -29K | 44K | 128K | -16K | -3K | -28K | — | — | — | — |
| Investing cash flow | -31.3M | -2.7M | 3.9M | 4.1M | 5.1M | -794K | 1.4M | 5.2M | 3.2M | 1.1M | 3.8M | -8.5M |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | 318K | 42K | 0 | 0 | 524K | 4.4M | 250K | 1.3M | 197K | 0 | 352K | 9.8M |
| Net change in cash | -38M | -8.6M | -2.3M | -125K | 1.9M | 716K | -599K | 2.6M | -1.2M | -122K | 2.2M | -1.3M |
| Free cash flow | -5.9M | -7.1M | -5.5M | -5.3M | -4.6M | -1.8M | -2.6M | -4.1M | -4.7M | -1.2M | -2M | -2.6M |