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 | -$0.5 | -$0.2 | +60.0% | — | $0 | — |
| Q1 26 | -$0.73 | -$0.52 | +28.8% | — | $0 | — |
| Q4 25 | -$1.26 | -$0.75 | +40.5% | — | $0 | — |
| Q3 25 | -$0.93 | -$1.29 | -38.7% | — | $0 | — |
| Q2 25 | -$1.28 | -$0.79 | +38.3% | — | $0 | — |
| Q1 25 | -$1.53 | -$1.39 | +9.2% | — | $0 | — |
| Q4 24 | -$1.95 | -$2.9 | -48.7% | — | $0 | — |
| Q3 24 | -$2.55 | $1.05 | +141.2% | — | $0 | — |
| Q2 24 | -$5.25 | -$3.3 | +37.1% | — | $0 | — |
| Q1 24 | -$11.3 | -$8.25 | +26.7% | — | $0 | — |
| Q4 23 | -$12.2 | -$20.6 | -69.1% | — | $0 | — |
| Q3 23 | -$1.06 | -$0.87 | +17.9% | — | $0 | — |
| Q2 23 | -$80.3 | -$14.5 | +82.0% | — | $0 | — |
| Q1 23 | -$5.08 | -$2.08 | +59.1% | — | $0 | — |
| Q4 22 | -$28.9 | -$18.2 | +36.8% | — | $0 | — |
| Q3 22 | -$3.2 | -$0.74 | +76.9% | — | $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 | — | -$3.98 | — | — | $0 | — |
| FY24 | — | -$11.4 | — | — | $0 | — |
| FY23 | — | -$4.69 | — | — | $0 | — |
| FY22 | — | -$139.4 | — | — | $0 | — |
| FY21 | — | -$355.2 | — |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | $0 | $0 | $0 |
| YoY change | — | 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 | Q3 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 |
|---|
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost of revenue | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — |
| Gross margin | — | — | — | — | — | — |
| Research & development | 4.4M | 4.7M | 19.8M | 7.6M | 7.2M | 10.4M |
| Selling, general & administrative | 1.2M | 18.7M | 6.9M | 5.4M | 4.7M | 4.9M |
| Operating expenses | 1.6M | 19.9M | 24.2M | 10.7M | 6.7M | 10.2M |
| Operating income | -1.6M | -19.9M | -24.2M | -10.7M | -6.7M | -10.2M |
| Operating margin | — | — | — | — | — | — |
| Non-operating income, net | 2.4M | -4.2M | 5M | 445.9K | 33.6K | 83.5K |
| Pretax income | -160.9K | -29.1M | -24.2M | -10.6M | -8M | -10.2M |
| Income tax | — | — | — | — | — | — |
| Net income | -160.9K | -29.1M | -24.2M | -10.6M | -8M | -10.2M |
| Net margin | — | — | — | — | — | — |
| EBITDA | -1.6M | -25.5M | -24.1M | -10.3M | -6.7M | -10.2M |
| EPS | 0.56 | -355.2 | -139.4 | -4.69 | -11.4 | -3.98 |
| Diluted EPS | 0.56 | -355.2 | -139.4 | -4.69 | -11.4 | -3.98 |
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 | 1.9M | 2.2M | 778.9K | 947.2K | 1.7M | 3.8M | 1.9M | 1.9M | 3M | 3.6M | 3.3M | 2.5M |
| Selling, general & administrative | 1.2M | 1.4M | 1.4M | 1.2M | 1.1M | 1.1M | 1.4M | 1.2M | 1.3M | 1.1M | 1.2M | 1.3M |
| Operating expenses | 2.7M | 3.2M | 1.8M | 2M | -644.7K | 3.6M | 2M | 1.8M | 3.7M | 2.8M | 3.6M | 2.6M |
| Operating income | -2.7M | -3.2M | -1.8M | -2M | 644.7K | -3.6M | -2M | -1.8M | -3.7M | -2.8M | -3.6M | -2.6M |
| Operating margin | — | — | — | — | — | — | — | — | — | — | — | — |
| Non-operating income, net | 24.2K | -3.9K | -25.5K | 15.2K | 21.1K | 22.8K | 25.8K | 20.2K | 18.3K | 19.2K | 9.7K | 5.8K |
| Pretax income | -2.7M | -3.5M | -3.1M | -2M | 661.8K | -3.6M | -1.9M | -1.7M | -3.7M | -2.8M | -3.6M | -2.6M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — |
| Net income | -2.7M | -3.5M | -3.1M | -2M | 661.8K | -3.6M | -1.9M | -1.7M | -3.7M | -2.8M | -3.6M | -2.6M |
| Net margin | — | — | — | — | — | — | — | — | — | — | — | — |
| EBITDA | -2.7M | -3.2M | -1.9M | -1.9M | 665.8K | -3.6M | -1.9M | -1.7M | -3.7M | -2.8M | -3.5M | -2.6M |
| EPS | -0.87 | — | -8.25 | -3.3 | 1.05 | -2.9 | -1.39 | -0.79 | -1.29 | -0.75 | -0.52 | -0.2 |
| Diluted EPS | -0.87 | — | -8.25 | -3.3 | 1.05 | -2.9 | -1.39 | -0.79 | -1.29 | -0.75 | -0.52 | -0.2 |
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 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Market cap | — | — | — | — | — | — | 7.8M |
| Enterprise value | — | — | — | — | — | — | 7.2M |
| Shares outstanding | 101.1K | 84.1K | 534.5K | 2.3M | 1.4M | 4.6M | 4.6M |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | 0.02 |
| P/S | — | — | — | — | — | — | 1.78 |
| P/B | — | — | — | — | — | — | -4.71 |
| EV/EBITDA | — | — | — | — | — | — | -0.71 |
| EV/Sales | — | — | — | — | — | — | 1.6 |
| Earnings yield | — | — | — | — | — | — | 5.4K% |
| FCF yield | — | — | — | — | — | — | -53.2% |
| PEG | — | — | — | — | — | — | -0 |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | — | — | -221.3% |
| Net margin | — | — | — | — | — | — | -280.5% |
| ROE | 2.42% | 357.3% | 600.7% | 1.6K% | -236.3% | -352.8% | -1.3K% |
| ROA | -45.7% | -177.5% | -411.3% | -392.4% | -142.7% | -136.5% | -185.5% |
| Return on tangible assets | -45.7% | -177.5% | -411.3% | -392.4% | -142.7% | -136.5% | -426.9% |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Current ratio | 0.05 | 0.95 | 0.56 | 0.69 | 2.42 | 1.59 | 0.7 |
| Quick ratio | 0.05 | 0.95 | 0.56 | 0.69 | 2.42 | 1.59 | 0.7 |
| Debt / equity | -0.64 | -2.11 | -1.1 | -1.31 | 0.09 | 0.11 | -0 |
| Debt / assets | 12.1 | 1.05 | 0.75 | 0.32 | 0.05 | 0.04 | 0.07 |
| Net debt / EBITDA | -2.53 | -0.19 | -0.05 | 0.03 | 0.48 | 0.39 | 0.04 |
| Interest coverage | 0.84 | -21.5 | -220 | -29 | -5.19 | -541.2 | -788.3 |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Revenue per share | 0 | 0 | 0 | 0 | 0 | 0 | 0.68 |
| EPS (basic) | 0.56 | -355.2 | -139.4 | -4.69 | -11.4 | -3.98 | -3.98 |
| EPS (diluted) | 0.56 | -355.2 | -139.4 | -4.69 | -11.4 | -3.98 | -2.56 |
| Book value per share | -65.8 | -97 | -7.54 | -0.29 | 2.49 | 0.63 | -0.05 |
| FCF per share | -12.3 | -98 | -33.5 | -4.76 | -5.53 | -1.73 | -0.69 |
| Cash per share | 1.92 | 145.8 | 5.89 | 0.5 | 2.58 | 0.94 | 0.04 |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Payout ratio | — | — | — | — | — | — | 0% |
| — |
| $0 |
| — |
| FY20 | — | $0.56 | — | — | $0 | — |
| 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 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|
| Cash & short-term investments | 194.2K | 12.3M | 3.1M | 1.1M | 3.5M | 4.3M |
| Receivables | — | — | — | — | — | — |
| Inventory | — | — | — | — | — | — |
| Total current assets | 347.9K | 15.7M | 5.3M | 2.3M | 5.3M | 7.2M |
| Property, plant & equipment | — | — | — | — | — | — |
| Goodwill & intangibles | — | — | — | — | — | — |
| Total assets | 351.8K | 16.4M | 5.9M | 2.7M | 5.6M | 7.5M |
| Accounts payable | 1.7M | 301.1K | 2.9M | 1.9M | 1.4M | 3.3M |
| Short-term debt | 4.3M | 12.8M | 4.3M | 854.7K | 301.7K | 306.7K |
| Total current liabilities | 7M | 16.5M | 9.5M | 3.3M | 2.2M | 4.6M |
| Long-term debt | — | 4.4M | 140.1K | — | — | — |
| Total liabilities | 7M | 24.6M | 9.9M | 3.4M | 2.2M | 4.6M |
| Shareholders' equity | -6.7M | -8.2M | -4M | -651.3K | 3.4M | 2.9M |
| Total debt | 4.3M | 17.2M | 4.4M | 854.7K | 301.7K | 306.7K |
| Net debt | 4.1M | 4.9M | 1.3M | -268.9K | -3.2M | -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 | 1.5M | 1.1M | 3.4M | 1M | 4.2M | 3.5M | 3.1M | 2.2M | 1.7M | 4.3M | 745.5K | 676.7K |
| Receivables | — | — | — | — | — | — | — | — | — | — | — | — |
| Inventory | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 2.8M | 2.3M | 4.7M | 2.5M | 9.1M | 5.3M | 4.4M | 5.3M | 2.9M | 7.2M | 2M | 2.8M |
| Property, plant & equipment | — | — | — | — | — | — | — | — | — | — | — | — |
| Goodwill & intangibles | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | 3.2M | 2.7M | 5.1M | 2.8M | 9.4M | 5.6M | 4.6M | 5.6M | 3.2M | 7.5M | 2.2M | 3M |
| Accounts payable | 916.4K | 1.9M | 981.7K | 482K | 2M | 1.4M | 615.3K | 1M | 463.5K | 3.3M | 1.6M | 2M |
| Short-term debt | 353.7K | 854.7K | 246K | 454.5K | 387.2K | 301.7K | 257.4K | 424.5K | 387.7K | 306.7K | 245.8K | 196.8K |
| Total current liabilities | 2M | 3.3M | 1.6M | 1.3M | 2.8M | 2.2M | 1.8M | 2.5M | 2.3M | 4.6M | 2.8M | 4.1M |
| Long-term debt | — | — | — | — | — | — | — | — | — | — | — | — |
| Total liabilities | 2.1M | 3.4M | 1.7M | 1.3M | 2.8M | 2.2M | 1.9M | 2.5M | 2.3M | 4.6M | 2.8M | 4.1M |
| Shareholders' equity | 1.2M | -651.3K | 3.4M | 1.5M | 6.6M | 3.4M | 2.7M | 3.1M | 874.7K | 2.9M | -669K | -1.1M |
| Total debt | 353.7K | 854.7K | 246K | 454.5K | 387.2K | 301.7K | 257.4K | 424.5K | 387.7K | 306.7K | 245.8K | 196.8K |
| Net debt | -1.1M | -268.9K | -3.2M | -588.8K | -3.8M | -3.2M | -2.8M | -1.8M | -1.3M | -4M | -499.6K | -479.9K |
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 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|
| Net income | -160.9K | -29.1M | -24.2M | -10.6M | -8M | -10.2M |
| Depreciation & amortization | 201 | 151 | 0 | — | — | 6.5K |
| Stock-based compensation | 178.7K | 121.8K | 1.1M | 879.2K | 110.7K | 177.1K |
| Change in working capital | 1.4M | -1.9M | 2.8M | -1.1M | -605.5K | 1.5M |
| Operating cash flow | 2.4M | -23.6M | -12M | -10.5M | -7.2M | -7.8M |
| Capital expenditure | — | — | — | — | — | — |
| Investing cash flow | — | — | 4.5K | — | — | — |
| Dividends paid | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — |
| Financing cash flow | 1.1M | 20M | 8.8M | 8.8M | -655.8K | 4M |
| Net change in cash | 3.5M | -3.5M | -3.3M | -1.7M | -7.9M | -3.8M |
| Free cash flow | -1.2M | -8.2M | -17.9M | -10.8M | -7.5M | -7.9M |
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 | -2.7M | -3.5M | -3.1M | -2M | 661.8K | -3.6M | -1.9M | -1.7M | -3.7M | -2.8M | -3.6M | -2.6M |
| Depreciation & amortization | — | — | — | — | — | — | — | — | — | — | 6.5K | 6.5K |
| Stock-based compensation | 55.7K | 628.9K | 33.2K | 26.5K | 20.8K | 30.1K | 16.3K | 90.6K | -50.3K | 24.3K | 8.7K | 1.9K |
| Change in working capital | -358.4K | 803.3K | -1.3M | -627.7K | 179.2K | 1.1M | -639.7K | -755.4K | 621.2K | 2.3M | -1.2M | -108.3K |
| Operating cash flow | -3M | -1.6M | -3.2M | -2.5M | 865.8K | -2.4M | -2.5M | -2.7M | -1.9M | -1.5M | -3.5M | -2M |
| Capital expenditure | — | — | — | — | — | — | — | — | — | — | — | — |
| Investing cash flow | — | — | — | — | — | — | — | — | — | — | — | — |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | -102.5K | 1.5M | -638.9K | -51.2K | 279.5K | -245.3K | 909.8K | -85.3K | -40K | 3.2M | -63.9K | 1.9M |
| Net change in cash | -3.1M | -128.9K | -3.8M | -2.6M | 1.1M | -2.6M | -1.6M | -2.8M | -1.9M | 1.7M | -3.6M | -68.8K |
| Free cash flow | -2.3M | -1.8M | -3.4M | -2.3M | -1M | -764.1K | -1.7M | -2.7M | -2M | -1.5M | -3.5M | -2M |