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 | -$0.09 | -$0.05 | +44.4% | — | $0 | — |
| Q1 26 | -$0.19 | -$0.05 | +73.7% | — | $0 | — |
| Q4 25 | -$0.07 | -$0.01 | +85.7% | — | $0 | — |
| Q3 25 | -$0.07 | -$0.13 | -85.7% | — | $0 | — |
| Q2 25 | -$0.12 | -$0.15 | -25.0% | — | $0 | — |
| Q1 25 | -$0.11 | -$0.06 | +45.5% | — | $0 | — |
| Q4 24 | -$0.12 | -$0.03 | +75.0% | — | — | — |
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 | — | -$0.35 | — | — | $0 | — |
| FY24 | — | -$0.27 | — | — | $0 | — |
| FY23 | — | -$0.32 | — | — | $0 | — |
| FY22 | — | -$0.05 | — | — | $0 | — |
| FY21 | — | -$0.02 | — | — | $0 |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | $0 | $0 |
| YoY change | — | 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 | Q2 25 | Q3 25 | Q4 25 |
|---|
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 0 |
| Cost of revenue | — | — | — | — | — |
| Gross profit | — | — | — | — | — |
| Gross margin | — | — | — | — | — |
| Research & development | 457.2K | 1.4M | 10.5M | 4.1M | 10.2M |
| Selling, general & administrative | 276.5K | 296.2K | 663.2K | 3.2M | 2.8M |
| Operating expenses | 733.7K | 1.7M | 11.1M | 7.3M | 13.1M |
| Operating income | -733.7K | -1.7M | -11.1M | -7.3M | -13.1M |
| Operating margin | — | — | — | — | — |
| Non-operating income, net | — | — | — | — | — |
| Pretax income | -733.7K | -1.7M | -11.1M | -7.3M | -13.1M |
| Income tax | 0 | 0 | 0 | 1.6K | 838 |
| Net income | -733.7K | -1.7M | -11.1M | -7.3M | -13.1M |
| Net margin | — | — | — | — | — |
| EBITDA | -733.7K | -1.7M | -11.1M | -7.3M | -13.1M |
| EPS | -0.02 | -0.05 | -0.32 | -0.27 | -0.35 |
| Diluted EPS | -0.02 | -0.05 | -0.32 | -0.27 | -0.35 |
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 | 2.6M | 2.6M | 483.5K | 75.5K | 25K | 3.5M | 1.4M | 4.7M | 4.2M | 25.4K | 1.4M | 1.4M |
| Selling, general & administrative | 117.7K | 155.7K | 1.4M | 945.2K | 444.5K | 424.4K | 694.1K | 883.7K | 648.5K | 587.8K | 891.8K | 684K |
| Operating expenses | 2.7M | 2.7M | 1.9M | 1M | 469.5K | 3.9M | 2.1M | 5.5M | 4.8M | 613.2K | 2.3M | 2.1M |
| Operating income | -2.7M | -2.7M | -1.9M | -1M | -469.5K | -3.9M | -2.1M | -5.5M | -4.8M | -613.2K | -2.3M | -2.1M |
| Operating margin | — | — | — | — | — | — | — | — | — | — | — | — |
| Non-operating income, net | — | — | — | — | — | — | — | — | — | — | — | -222.1K |
| Pretax income | -2.7M | -2.7M | -1.9M | -1M | -469.5K | -3.9M | -2.1M | -5.5M | -4.8M | -613.2K | -2.3M | -2.3M |
| Income tax | 0 | 0 | 0 | 0 | 0 | 1.6K | 13 | 850 | 0 | -25 | 0 | 0 |
| Net income | -2.7M | -2.7M | -1.9M | -1M | -469.5K | -4M | -2.1M | -5.5M | -4.8M | -613.2K | -2.3M | -2.3M |
| Net margin | — | — | — | — | — | — | — | — | — | — | — | — |
| EBITDA | -2.7M | -2.7M | -1.9M | -1M | -469.5K | -3.9M | -2.1M | -5.5M | -4.8M | -613.2K | -2.3M | -1.9M |
| EPS | -0.08 | — | -0.05 | -0.03 | -0.01 | — | -0.06 | -0.15 | -0.13 | — | -0.05 | -0.05 |
| Diluted EPS | -0.08 | — | -0.05 | -0.03 | -0.01 | — | -0.06 | -0.15 | -0.13 | — | -0.05 | -0.05 |
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 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|
| Market cap | — | — | — | — | — | 18.7M |
| Enterprise value | — | — | — | — | — | 18.6M |
| Shares outstanding | 35.2M | 35.2M | 35.2M | 27.1M | 36.8M | 36.8M |
| Metric | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | -1.23 |
| P/B | — | — | — | — | — | -2.5 |
| EV/EBITDA | — | — | — | — | — | -1.43 |
| Earnings yield | — | — | — | — | — | -81.1% |
| FCF yield | — | — | — | — | — | -36.2% |
| PEG | — | — | — | — | — | 0.02 |
| Metric | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | — | 0% |
| Net margin | — | — | — | — | — | 0% |
| ROE | — | 162.1% | 94.7% | -171.1% | 126% | 126% |
| ROA | — | -34.2% | -367% | -164.2% | -411.2% | -251.9% |
| ROIC | — | 32.9% | 78.2% | -6.8K% | 111.2% | 129.2% |
| Return on tangible assets | — | -34.2% | -367% | -164.2% | -411.2% | -548.7% |
| Metric | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|
| Current ratio | — | 5.2 | 0.28 | 24.6 | 0.12 | 0.2 |
| Quick ratio | — | 5.2 | 0.28 | 24.6 | 0.12 | 0.2 |
| Debt / equity | — | — | — | — | — | 0 |
| Effective tax rate | 0% | 0% | 0% | 0% | 0% | 0% |
| Metric | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|
| Revenue per share | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (basic) | -0.02 | -0.05 | -0.32 | -0.27 | -0.35 | -0.35 |
| EPS (diluted) | -0.02 | -0.05 | -0.32 | -0.27 | -0.35 | -0.22 |
| Book value per share | 0 | -0.03 | -0.33 | 0.16 | -0.28 | -0.17 |
| FCF per share | -0.02 | -0.04 | -0.04 | -0.59 | -0.05 | -0.22 |
| Cash per share | 0 | 0.12 | 0.07 | 0.15 | 0.04 | 0 |
| Metric | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|
| Payout ratio | — | — | — | — | — | 0% |
| — |
| 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 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Cash & short-term investments | 478.9K | 4.1M | 2.5M | 4.2M | 1.4M |
| Receivables | — | — | — | — | — |
| Inventory | — | — | — | — | — |
| Total current assets | 616K | 4.9M | 2.8M | 4.5M | 1.7M |
| Property, plant & equipment | — | — | — | — | — |
| Goodwill & intangibles | — | — | — | — | — |
| Total assets | 45.8M | 4.9M | 3M | 4.5M | 3.2M |
| Accounts payable | 3K | 945.6K | 9.3M | 0 | 554.8K |
| Short-term debt | — | — | — | — | — |
| Total current liabilities | 73.2K | 946.7K | 9.8M | 180.7K | 13.5M |
| Long-term debt | — | — | — | — | — |
| Total liabilities | 1.6M | 6M | 14.8M | 180.7K | 13.5M |
| Shareholders' equity | 44.2M | -1M | -11.7M | 4.3M | -10.4M |
| Total debt | — | — | — | — | — |
| Net debt | — | — | — | — | — |
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 | Q2 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 | 2.9M | 2.5M | 22.1M | 9M | 4.7M | 4.2M | 421.5K | 1.3M | 1.6M | 1.4M | 1.9M | 146.7K |
| Receivables | — | — | — | — | — | — | — | — | — | — | — | — |
| Inventory | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 2.9M | 2.8M | 27.3M | 9.4M | 8.6M | 4.5M | 944.3K | 1.5M | 2M | 1.7M | 2.2M | 1.8M |
| Property, plant & equipment | 40K | — | — | — | — | — | — | — | — | — | — | — |
| Goodwill & intangibles | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | 3.1M | 3M | 27.3M | 9.4M | 8.6M | 4.5M | 2.4M | 3M | 3.5M | 3.2M | 3.7M | 1.8M |
| Accounts payable | 4.3M | 9.3M | 9.3M | 77.1K | 0 | 0 | 14K | 8.2K | 5.6K | 554.8K | 14.9K | 8.2K |
| Short-term debt | 32.4K | — | 300K | — | — | — | — | — | — | — | — | — |
| Total current liabilities | 4.5M | 9.8M | 17.3M | 398.7K | 138.5K | 180.7K | 4.3M | 9.1M | 13.4M | 13.5M | 8.9M | 9.3M |
| Long-term debt | 17.6K | — | — | — | — | — | — | — | — | — | — | — |
| Total liabilities | 9.5M | 14.8M | 17.3M | 398.7K | 138.5K | 180.7K | 4.3M | 9.1M | 13.4M | 13.5M | 8.9M | 9.3M |
| Shareholders' equity | -6.5M | -11.7M | 10.1M | 9M | 8.5M | 4.3M | -1.8M | -6.1M | -9.8M | -10.4M | -5.3M | -7.4M |
| Total debt | 50K | — | 300K | — | — | — | — | — | — | — | — | — |
| Net debt | -2.8M | — | -21.8M | — | — | — | — | — | — | — | — | — |
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 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Net income | -733.7K | -1.7M | -11.1M | -7.3M | -13.1M |
| Depreciation & amortization | — | — | — | — | — |
| Stock-based compensation | 62.9K | 130K | 409.6K | 1.2M | 619K |
| Change in working capital | — | — | 8.4M | -9.3M | 550.3K |
| Operating cash flow | -670.8K | -1.6M | -2.3M | -15.5M | -1.8M |
| Capital expenditure | — | — | — | — | — |
| Investing cash flow | — | — | -273.1K | 5M | — |
| Dividends paid | — | — | — | — | — |
| Share repurchases | — | — | 0 | -354.4K | -29.5K |
| Financing cash flow | 670.8K | 5M | 0 | 12.8M | 2.3M |
| Net change in cash | 0 | 3.4M | -2.6M | 2.3M | 467.4K |
| Free cash flow | -670.8K | -1.4M | -1.3M | -16.1M | -1.8M |
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 | -2.7M | -1.9M | -1M | -469.5K | -4M | — | — | -4.8M | -613.2K | -2.3M | -2.3M |
| Depreciation & amortization | 5.5K | — | — | — | 0 | — | — | — | — | — | — | — |
| Stock-based compensation | 102.4K | 102.4K | 1.2M | 0 | 0 | 0 | — | — | 152.4K | 148.4K | 146.7K | 145.3K |
| Change in working capital | 2.6M | 2.5M | 4.5K | -9.3M | -77.1K | 0 | — | — | -2.5K | 549.1K | -539.8K | -6.7K |
| Operating cash flow | -72.9K | -166.8K | -671.3K | -10.3M | -546.6K | -4M | -466K | -414.9K | -727.3K | -177.5K | -6.7M | -1.8M |
| Capital expenditure | — | — | — | — | — | — | — | — | — | — | — | — |
| Investing cash flow | — | -136.5K | -112.3K | 5.1M | 0 | 0 | — | — | — | — | — | — |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | 0 | — | — | -270.3K | — | — | 0 | 0 | 0 | 0 |
| Financing cash flow | 0 | 0 | 20.3M | -6.9M | 0 | -270.3K | — | — | 1M | -64.8K | 7.2M | 0 |
| Net change in cash | -72.9K | -303.4K | 19.6M | -12.1M | -546.6K | -4.2M | -466K | -414.9K | 310K | -242.3K | 543.1K | -1.8M |
| Free cash flow | -84.5K | -43.2K | -275.2K | -11.3M | -4.2M | -291.5K | — | — | -727.3K | -177.5K | -6.7M | -1.8M |