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 | -$0.15 | -$0.11 | +26.7% | — | $0 | — |
| Q1 26 | -$0.14 | -$0.13 | +7.1% | — | $0 | — |
| Q4 25 | -$0.14 | -$0.11 | +21.4% | — | $0 | — |
| Q3 25 | -$0.15 | -$0.15 | 0.0% | — | $0 | — |
| Q2 25 | -$0.17 | -$0.19 | -11.8% | — | $0 | — |
| Q1 25 | -$0.18 | -$0.16 | +11.1% | — | $0 | — |
| Q4 24 | -$0.18 | -$0.11 | +38.9% | — | $0 | — |
| Q3 24 | -$0.21 | -$0.17 | +19.0% | — | $0 | — |
| Q2 24 | -$0.2 | -$0.42 | -110.0% | — | $0 | — |
| Q1 24 | -$0.29 | -$0.22 | +24.1% | — | $0 | — |
| Q4 23 | -$0.32 | -$0.36 | -12.5% | — | $0 | — |
| Q3 23 | -$0.45 | -$0.37 | +17.8% | — | $0 | — |
| Q2 23 | -$0.31 | -$0.62 | -100.0% | — | $0 | — |
| Q1 23 | -$0.4 | -$0.43 | -7.5% | — | $55.2K | — |
| Q4 22 | -$0.38 | -$0.39 | -2.6% | — | $0 | — |
| Q3 22 | -$0.46 | -$0.38 | +17.4% | — | $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 | — | -$0.61 | — | — | $0 | — |
| FY24 | — | -$0.89 | — | — | $0 | — |
| FY23 | — | -$1.71 | — | — | $55.2K | — |
| FY22 | — | -$1.48 | — | — | $140.1K | — |
| FY21 | — | -$1.37 | — | — | $165K | — |
| FY20 | — | -$1.33 | — | — | $28.9K | — |
| FY19 | — | -$0.37 | — | — | $41.3K | — |
| FY18 | — | -$0.19 | — | — | $20.6K | — |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $20.6K | $41.3K | $28.9K | $165K | $140.1K | $55.2K | $0 | $0 |
| YoY change | — | +100.4% | -30.1% | +471.3% | -15.1% | -60.6% | -100% | 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 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| YoY change | 0% | 0% | -100% | 0% | 0% | 0% | 0% | 0% | 0% | 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 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 20.6K | 41.3K | 28.9K | 165K | 140.1K | 55.2K | 0 | 0 |
| Cost of revenue | — | — | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — | — | — |
| Gross margin | — | — | — | — | — | — | — | — |
| Research & development | 826.9K | 1.6M | 2.3M | 7.2M | 8.4M | 11.5M | 10.8M | 10.2M |
| Selling, general & administrative | 222K | 555.2K | 1.2M | 6.8M | 9.5M | 10.8M | 9.6M | 8.5M |
| Operating expenses | 1M | 2.1M | 3.5M | 14M | 17.9M | 22.3M | 20.4M | 18.7M |
| Operating income | -1M | -2.1M | -3.5M | -13.8M | -17.8M | -22.3M | -20.4M | -18.7M |
| Operating margin | -5K% | -5.1K% | -12K% | -8.4K% | -12.7K% | -40.3K% | — | — |
| Non-operating income, net | -15K | -65.7K | -96.5K | -72.9K | -96.1K | -429.3K | 119.1K | -833.7K |
| Pretax income | -1.1M | -2.2M | -3.6M | -13.9M | -17.5M | -22.2M | -19.9M | -19.3M |
| Income tax | 9.8K | 7.1K | 5.4K | 4K | 93K | 79.3K | 536.8K | 861.1K |
| Net income | -1.1M | -2.2M | -3.6M | -13.9M | -17.6M | -22.3M | -20.4M | -20.2M |
| Net margin | -5.4K% | -5.3K% | -12.4K% | -8.4K% | -12.6K% | -40.4K% | — | — |
| EBITDA | -1M | -2M | -3.4M | -13.7M | -17.6M | -21.7M | -20.4M | -17.8M |
| EPS | -0.19 | -0.37 | -1.33 | -1.37 | -1.48 | -1.71 | -0.89 | -0.61 |
| Diluted EPS | -0.19 | -0.37 | -1.33 | -1.37 | -1.48 | -1.71 | -0.89 | -0.61 |
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 | 2.4M | 2.4M | 2.5M | 4.4M | 2.6M | 1.2M | 2.3M | 2.8M | 2.8M | 2.3M | 2.8M | 2.1M |
| Selling, general & administrative | 2.5M | 2M | 1.9M | 3.7M | 1.8M | 2.1M | 2.1M | 2.3M | 1.9M | 2.1M | 2.6M | 2.5M |
| Operating expenses | 4.9M | 4.4M | 4.4M | 8.2M | 4.5M | 3.3M | 4.4M | 5.1M | 4.8M | 4.5M | 5.4M | 4.7M |
| Operating income | -4.9M | -4.4M | -4.4M | -8.2M | -4.5M | -3.3M | -4.4M | -5.1M | -4.8M | -4.5M | -5.4M | -4.7M |
| Operating margin | — | — | — | — | — | — | — | — | — | — | — | — |
| Non-operating income, net | 82.2K | -408.5K | 268.1K | -43.6K | -121.1K | 15.8K | -100.6K | -620.9K | -27.4K | -84.8K | -165.2K | 49.1K |
| Pretax income | -4.7M | -4.7M | -4M | -8.1M | -4.5M | -3.3M | -4.4M | -5.7M | -4.7M | -4.5M | -5.4M | -4.6M |
| Income tax | 21.5K | 14.5K | 19.9K | 1.2K | 11K | 504.7K | 100.5K | 141.2K | 549.3K | 70.1K | 183.1K | 104.1K |
| Net income | -4.7M | -4.7M | -4M | -8.1M | -4.5M | -3.8M | -4.5M | -5.8M | -5.3M | -4.5M | -5.6M | -4.7M |
| Net margin | — | — | — | — | — | — | — | — | — | — | — | — |
| EBITDA | -4.9M | -4M | -4.6M | -8.1M | -4.3M | -3.3M | -4.2M | -4.4M | -4.7M | -4.4M | -5.2M | -4.7M |
| EPS | -0.37 | — | -0.22 | -0.42 | -0.17 | — | -0.16 | -0.19 | -0.15 | — | -0.13 | -0.11 |
| Diluted EPS | -0.37 | — | -0.22 | -0.42 | -0.17 | — | -0.16 | -0.19 | -0.15 | — | -0.13 | -0.11 |
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 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 303.3K | 7.5M | 36.9M | 20.1M | 16.8M | 10.4M | 20.8M |
| Receivables | 8.4K | 8.5K | 0 | — | — | — | — |
| Inventory | — | — | — | — | — | — | — |
| Total current assets | 429.5K | 9M | 37.7M | 21.1M | 17.8M | 11.6M | 22.2M |
| Property, plant & equipment | 219.3K | 552.7K | 1M | 804.3K | 585.2K | 323.3K | 409K |
| Goodwill & intangibles | — | 0 | 405.2K | 427.9K | 386.8K | 268.5K | 205.7K |
| Total assets | 660.3K | 9.6M | 39M | 24.1M | 18.6M | 12.1M | 22.8M |
| Accounts payable | 154.4K | 961.5K | 560.5K | 1.6M | 1.3M | 946.3K | 825K |
| Short-term debt | 102.1K | 145.4K | 323K | 337.2K | 348.5K | 271.1K | 220.7K |
| Total current liabilities | 879.1K | 2.1M | 2.6M | 4.1M | 4.9M | 3.9M | 3.4M |
| Long-term debt | 98.8K | 1.1M | 1.3M | 937K | 678.9K | 381.9K | 511.3K |
| Total liabilities | 1.1M | 3.4M | 4.2M | 5.2M | 6M | 4.8M | 4.3M |
| Shareholders' equity | -449.9K | 6.2M | 34.8M | 18.9M | 12.6M | 7.3M | 18.6M |
| Total debt | 200.9K | 1.3M | 1.6M | 1.3M | 1M | 653K | 732.1K |
| Net debt | -102.4K | -6.2M | -35.3M | -6M | -10.8M | -9.7M | -20.1M |
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 | 12.2M | 16.8M | 12.7M | 16.9M | 12M | 10.4M | 9.1M | 6.7M | 8.8M | 20.8M | 16.5M | 13.1M |
| Receivables | — | — | — | — | — | — | — | — | — | — | — | — |
| Inventory | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 13.2M | 17.8M | 13.9M | 18.5M | 13.7M | 11.6M | 11.2M | 9.3M | 10.5M | 22.2M | 18.2M | 15M |
| Property, plant & equipment | 618.2K | 585.2K | 496.1K | 449.8K | 401.2K | 323.3K | 281.2K | 329.4K | 270K | 409K | 355K | 313.9K |
| Goodwill & intangibles | 378.5K | 386.8K | 338.5K | 316.3K | 312.5K | 268.5K | 252.6K | 255.7K | 229.2K | 205.7K | 180.1K | 153.6K |
| Total assets | 14.1M | 18.6M | 14.6M | 19.2M | 14.4M | 12.1M | 11.6M | 9.8M | 11M | 22.8M | 18.7M | 15.4M |
| Accounts payable | 1.4M | 1.3M | 1.4M | 2M | 1.1M | 946.3K | 2.2M | 2.7M | 1.6M | 825K | 1.5M | 1.2M |
| Short-term debt | 340.4K | 348.5K | 315.4K | 297.9K | 297.1K | 271.1K | 261.8K | 262.4K | 241.5K | 220.7K | 216.9K | 233.1K |
| Total current liabilities | 5.8M | 4.9M | 5M | 6.5M | 4.6M | 3.9M | 5M | 5.2M | 4.2M | 3.4M | 3.9M | 3.4M |
| Long-term debt | 698.4K | 678.9K | 574.2K | 509.7K | 472.4K | 381.9K | 345.1K | 418.2K | 363.8K | 511.3K | 455.4K | 376.8K |
| Total liabilities | 6.8M | 6M | 5.9M | 7.4M | 5.5M | 4.8M | 5.8M | 6.1M | 5.1M | 4.3M | 4.7M | 4.1M |
| Shareholders' equity | 7.3M | 12.6M | 8.6M | 11.8M | 8.9M | 7.3M | 5.8M | 3.7M | 5.9M | 18.6M | 14M | 11.3M |
| Total debt | 1M | 1M | 889.6K | 807.6K | 769.4K | 653K | 606.9K | 680.6K | 605.3K | 732.1K | 672.3K | 609.9K |
| Net debt | -3.2M | -10.8M | -9.8M | -16.1M | -11.3M | -9.7M | -8.5M | -6M | -8.2M | -20.1M | -15.9M | -12.5M |
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 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|
| Net income | -1.1M | -2.2M | -3.6M | -13.9M | -17.6M | -22.3M | -20.4M | -20.2M |
| Depreciation & amortization | 741 | 2.6K | 9.6K | 15.5K | 64.2K | 83.6K | 84.1K | 94K |
| Stock-based compensation | 0 | 0 | 81.6K | 839.4K | 1.5M | 3.3M | 2.4M | 1.8M |
| Change in working capital | 304.6K | 318.6K | 227.5K | 170.7K | 1.6M | 267.8K | -702.7K | -927.2K |
| Operating cash flow | -759.2K | -1.9M | -3.3M | -12.9M | -14.6M | -19M | -18.5M | -18.5M |
| Capital expenditure | -8K | -13.7K | -20.8K | -94.2K | -119K | -15.4K | -22.5K | — |
| Investing cash flow | -8K | -13.7K | -20.8K | -94.2K | -14.8M | 10.2M | 5M | 0 |
| Dividends paid | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — |
| Financing cash flow | 983.8K | 1.8M | 10.5M | 41.8M | -78.8K | 12.6M | 12.8M | 25M |
| Net change in cash | 216.6K | -133.2K | 7.2M | 28.8M | -29.4M | 3.8M | -678.1K | 6.5M |
| Free cash flow | -752.5K | -1.9M | -3.3M | -12.5M | -14.8M | -18.9M | -18.9M | -18.5M |
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 | 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 | -4.7M | -4.7M | -4M | -8.1M | -4.5M | -3.8M | -4.5M | -5.8M | -5.3M | -4.5M | -5.6M | -4.7M |
| Depreciation & amortization | 20.5K | 23.6K | 20.5K | 20.6K | 21.6K | 21.3K | 20.7K | 22.3K | 22.8K | 28.2K | 21.3K | 27.2K |
| Stock-based compensation | 907.3K | 555.1K | 190.4K | 1.5M | 357.5K | 359.3K | 419.5K | 522K | 460K | 401.7K | 403.5K | 566K |
| Change in working capital | -188.5K | -1.3M | 715.3K | 1.5M | -1.9M | -984.5K | 1M | -99.9K | -1M | -827K | 505.1K | -493.2K |
| Operating cash flow | -4.1M | -5.6M | -3.3M | -5.4M | -6M | -3.8M | -3M | -5.1M | -4.9M | -4.6M | -4.7M | -4.7M |
| Capital expenditure | -650 | -19 | 0 | -21.5K | -1 | -945 | — | — | — | — | — | — |
| Investing cash flow | 1.9M | 3.1M | 3M | 2M | -1 | -43.4K | 0 | 0 | 0 | 0 | — | — |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | 134.5K | 9.6M | -303.7K | 10M | 808.7K | 2.3M | 2.4M | 2.5M | 7.4M | 13.1M | 402.3K | 1.4M |
| Net change in cash | -2.1M | 7.1M | -573.1K | 6.7M | -5.2M | -1.5M | -580.9K | -2.6M | 2.5M | 8.5M | -4.3M | -3.3M |
| Free cash flow | -4M | -5.7M | -3.6M | -5.8M | -6.1M | -3.5M | -3.8M | -5.1M | -4.9M | -4.6M | -4.7M | -4.7M |
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 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| Market cap | — | — | — | — | — | 42.5M | — | — | 77.2M |
| Enterprise value | — | — | — | — | — | 26.7M | — | — | 65.2M |
| Shares outstanding | 5.9M | 5.9M | 2.7M | 10.2M | 11.9M | 13M | 22.9M | 33M | 33M |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | — | — | -2.9 |
| P/S | — | — | — | — | — | 769.9 | — | — | — |
| P/B | — | — | — | — | — | 3.38 | — | — | 6.82 |
| EV/EBITDA | — | — | — | — | — | -1.23 | — | — | -3.39 |
| EV/Sales | — | — | — | — | — | 484.1 | — | — | — |
| Earnings yield | — | — | — | — | — | — | — | — | -34.5% |
| FCF yield | — | — | — | — | — | -44.4% | — | — | -14.4% |
| PEG | — | — | — | — | — | — | — | — | 0.07 |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| Operating margin | -5K% | -5.1K% | -12K% | -8.4K% | -12.7K% | -40.3K% | — | — | 0% |
| Net margin | -5.4K% | -5.3K% | -12.4K% | -8.4K% | -12.6K% | -40.4K% | — | — | 0% |
| ROE | — | 487.6% | -57.7% | -39.9% | -93.2% | -177% | -278.1% | -108.6% | -268.3% |
| ROA | — | -332.2% | -37.3% | -35.6% | -73% | -119.7% | -168.4% | -88.4% | -95.5% |
| ROIC | — | 380.3% | 11.8K% | 3K% | -116.9K% | 697.8% | 850.3% | 1.2K% | 1.6K% |
| Return on tangible assets | — | -332.2% | -37.3% | -36% | -74.3% | -122.2% | -172.2% | -89.2% | -131.7% |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| Current ratio | — | 0.49 | 4.25 | 14.8 | 5.11 | 3.59 | 2.97 | 6.63 | 4.36 |
| Quick ratio | — | 0.49 | 4.25 | 14.8 | 5.11 | 3.59 | 2.97 | 6.63 | 4.36 |
| Debt / equity | — | -0.45 | 0.2 | 0.05 | 0.07 | 0.08 | 0.09 | 0.04 | 0.05 |
| Debt / assets | — | 0.3 | 0.13 | 0.04 | 0.05 | 0.06 | 0.05 | 0.03 | 0.04 |
| Net debt / EBITDA | — | 0.05 | 1.85 | 2.57 | 1.07 | 0.73 | 0.48 | 1.13 | 0.66 |
| Effective tax rate | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| Revenue per share | 0 | 0.01 | 0.01 | 0.02 | 0.01 | 0 | 0 | 0 | 0 |
| EPS (basic) | -0.19 | -0.37 | -1.33 | -1.37 | -1.48 | -1.71 | -0.89 | -0.61 | -0.61 |
| EPS (diluted) | -0.19 | -0.37 | -1.33 | -1.37 | -1.48 | -1.71 | -0.89 | -0.61 | -0.5 |
| Book value per share | — | -0.08 | 2.31 | 3.43 | 1.59 | 0.97 | 0.32 | 0.56 | 0.26 |
| FCF per share | -0.13 | -0.32 | -1.22 | -1.23 | -1.25 | -1.45 | -0.83 | -0.56 | -0.44 |
| Cash per share | — | 0.05 | 2.79 | 3.63 | 1.69 | 1.29 | 0.45 | 0.63 | 0.3 |
| Capex per share | 0 | 0 | 0.01 | 0.01 | 0.01 | 0 | 0 | — | — |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| Capex / revenue | 38.8% | 33.2% | 72.1% | 57.1% | 84.9% | 27.8% | — | — | — |
| Capex / operating cash flow | -1.05% | -0.73% | -0.64% | -0.73% | -0.82% | -0.08% | -0.12% | — | — |
| Payout ratio | — | — | — | — | — | — | — | — | 0% |