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 | -$0.33 | -$0.27 | +18.2% | — | $0 | — |
| Q1 26 | -$0.32 | -$0.58 | -81.2% | — | $0 | — |
| Q3 25 | -$0.36 | -$0.3 | +16.7% | — | $0 | — |
| Q2 25 | -$0.24 | -$0.3 | -25.0% | — | $0 | — |
| Q1 25 | -$0.24 | -$0.25 | -4.2% | — | $0 | — |
| Q3 24 | -$0.21 | -$0.2 | +4.8% | — | $0 | — |
| Q2 24 | -$0.2 | -$0.2 | 0.0% | — | $0 | — |
| Q1 24 | -$0.2 | -$0.19 | +5.0% | — | $0 | — |
| Q3 23 | -$0.22 | -$0.19 | +13.6% | — | $0 | — |
| Q2 23 | -$0.23 | -$0.13 | +43.5% | — | $0 | — |
| Q1 23 | -$0.23 | -$0.16 | +30.4% | — | $0 | — |
| Q4 22 | -$0.18 | -$0.22 | -22.2% | — | $0 | — |
| Q3 22 | -$0.19 | -$0.18 | +5.3% | — | $0 | — |
| Q2 22 | -$0.19 | -$0.06 | +68.4% | — | $0 | — |
| Q1 22 | -$0.19 | -$0.15 | +21.1% | — | $0 | — |
| Q4 21 | -$0.07 | -$0.18 | -157.1% | — | $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 | — | -$1.43 | — | — | $0 | — |
| FY24 | — | -$1.21 | — | — | $0 | — |
| FY23 | — | -$0.69 | — | — | $0 | — |
| FY22 | — | -$0.61 | — | — | $0 | — |
| FY21 | — |
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 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| YoY change | — | 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.
| Period | Q3 23 |
|---|
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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost of revenue | — | — | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — | — | — |
| Gross margin | — | — | — | — | — | — | — | — |
| Research & development | 1.3M | 2.6M | 1.1M | 3.6M | 6.5M | 7.7M | 13M | 17.2M |
| Selling, general & administrative | 419.6K | 818.9K | 806.2K | 1M | 1.6M | 1.6M | 3.1M | 2.2M |
| Operating expenses | 1.7M | 3.4M | 1.9M | 4.6M | 8M | 9.3M | 16M | 19.4M |
| Operating income | -1.7M | -3.4M | -1.9M | -4.6M | -8M | -9.3M | -16M | -19.4M |
| Operating margin | — | — | — | — | — | — | — | — |
| Non-operating income, net | — | — | — | — | — | — | — | — |
| Pretax income | -1.7M | -3.4M | -1.9M | -4.6M | -7.8M | -8.9M | -15.8M | -19.4M |
| Income tax | — | — | — | — | — | — | — | — |
| Net income | -1.7M | -3.4M | -1.9M | -4.6M | -7.8M | -8.9M | -15.8M | -19.4M |
| Net margin | — | — | — | — | — | — | — | — |
| EBITDA | -1.7M | -3.4M | -1.9M | -4.6M | -8M | -9.3M | -16M | -19.4M |
| EPS | -0.14 | -0.29 | -0.2 | -0.35 | -0.61 | -0.69 | -1.21 | -1.43 |
| Diluted EPS | -0.14 | -0.29 | -0.2 | -0.35 | -0.61 | -0.69 | -1.21 | -1.43 |
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 | 2.2M | 2.3M | 2.2M | 2.3M | 2.3M | 6.2M | 2.6M | 3.5M | 3.5M | 7.6M | 5.2M | 3.6M |
| Selling, general & administrative | 344.8K | 503.1K | 342.7K | 353.5K | 437K | 1.9M | 681.2K | 538K | 653.1K | 355.2K | 518.2K | 462.9K |
| Operating expenses | 2.5M | 2.8M | 2.5M | 2.7M | 2.7M | 8.1M | 3.3M | 4M | 4.2M | 7.9M | 5.7M | 4M |
| Operating income | -2.5M | -2.8M | -2.5M | -2.7M | -2.7M | -8.1M | -3.3M | -4M | -4.2M | -7.9M | -5.7M | -4M |
| Operating margin | — | — | — | — | — | — | — | — | — | — | — | — |
| Non-operating income, net | — | — | — | — | — | — | — | — | — | — | — | — |
| Pretax income | -2.4M | -2.7M | -2.5M | -2.6M | -2.7M | -8M | -3.3M | -4M | -4.2M | -7.9M | -5.7M | -3.9M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — |
| Net income | -2.4M | -2.7M | -2.5M | -2.6M | -2.7M | -8M | -3.3M | -4M | -4.2M | -7.9M | -5.7M | -3.9M |
| Net margin | — | — | — | — | — | — | — | — | — | — | — | — |
| EBITDA | -2.5M | -2.8M | -2.5M | -2.7M | -2.7M | -8.1M | -3.3M | -4M | -4.2M | -7.9M | -5.7M | -4M |
| EPS | -0.19 | — | -0.19 | -0.2 | -0.2 | — | -0.25 | -0.3 | -0.3 | — | -0.39 | -0.27 |
| Diluted EPS | -0.19 | — | -0.19 | -0.2 | -0.2 | — | -0.25 | -0.3 | -0.3 | — | -0.39 | -0.27 |
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 | — | — | — | — | 196.3M | 135.2M | 146.2M | 284.4M | 272.9M |
| Enterprise value | — | — | — | — | 182.8M | 128.2M | 142.1M | 278.2M | 258.6M |
| Shares outstanding | 12M | 12M | 9.5M | 12.9M | 12.9M | 12.8M | 13M | 13.5M | 13.5M |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | — | — | -12.9 |
| P/B | — | — | — | — | 14.9 | 20.2 | 57.7 | 805.1 | 89 |
| EV/EBITDA | — | — | — | — | -22.7 | -13.7 | -8.87 | -14.3 | -11.4 |
| Earnings yield | — | — | — | — | — | — | — | — | -7.73% |
| FCF yield | — | — | — | — | -3.16% | -4.79% | -4.97% | -3.49% | -1.23% |
| PEG | — | — | — | — | — | — | — | — | 1.29 |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | — | — | — | — | 0% |
| Net margin | — | — | — | — | — | — | — | — | 0% |
| ROE | 16.7% | 253.6% | -6.74% | -17% | -59.2% | -132.7% | -623.1% | -5.5K% | -986.3% |
| ROA | -1.6K% | -12.8K% | -6.5% | -16.8% | -58.1% | -127.1% | -385.7% | -313.3% | -236% |
| Return on tangible assets | -2.7K% | 26.3K% | -6.5% | -16.8% | -58.1% | -127.3% | -386% | -313.3% | -244.2% |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| Current ratio | 0.12 | 0 | 27.4 | 70.6 | 51.2 | 23.7 | 2.62 | 1.06 | 1.54 |
| Quick ratio | 0.12 | 0 | 27.4 | 70.6 | 51.2 | 23.7 | 2.62 | 1.06 | 1.54 |
| Debt / equity | — | — | — | — | — | — | — | — | 0 |
| Net debt / EBITDA | — | — | — | — | — | — | — | — | 0.39 |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| Revenue per share | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (basic) | -0.14 | -0.29 | -0.2 | -0.35 | -0.61 | -0.69 | -1.21 | -1.43 | -1.43 |
| EPS (diluted) | -0.14 | -0.29 | -0.2 | -0.35 | -0.61 | -0.69 | -1.21 | -1.43 | -1.59 |
| Book value per share | -0.85 | -0.11 | 2.91 | 2.07 | 1.02 | 0.52 | 0.19 | 0.03 | 0.21 |
| FCF per share | -0.01 | -0.02 | -0.12 | -0.33 | -0.48 | -0.5 | -0.56 | -0.73 | -0.85 |
| Cash per share | 0.01 | 0 | 3.02 | 2.1 | 1.04 | 0.54 | 0.31 | 0.46 | 0.6 |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| Payout ratio | — | — | — | — | — | — | — | — | 0% |
| -$0.35 |
| — |
| — |
| $0 |
| — |
| FY20 | — | -$0.2 | — | — | $0 | — |
| FY19 | — | -$0.29 | — | — | $0 | — |
| FY18 | — | -$0.14 | — | — | $0 | — |
| Q4 23 |
|---|
| Q1 24 |
|---|
| Q2 24 |
|---|
| Q3 24 |
|---|
| Q4 24 |
|---|
| Q1 25 |
|---|
| Q2 25 |
|---|
| Q3 25 |
|---|
| Q4 25 |
|---|
| Q1 26 |
|---|
| Q2 26 |
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| 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 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 85.1K | 6.8K | 28.7M | 27.2M | 13.5M | 7M | 4.1M | 6.2M |
| Receivables | — | — | — | — | — | — | — | — |
| Inventory | — | — | — | — | — | — | — | — |
| Total current assets | 85.1K | 6.8K | 28.7M | 27.2M | 13.5M | 7M | 4.1M | 6.2M |
| Property, plant & equipment | — | — | — | — | — | — | — | — |
| Goodwill & intangibles | 46.9K | 39.7K | 32.5K | 25.2K | 18K | 10.8K | 3.6K | 0 |
| Total assets | 108.5K | 26.7K | 28.7M | 27.2M | 13.5M | 7M | 4.1M | 6.2M |
| Accounts payable | 277.6K | 730.3K | 711K | 220.8K | 220.8K | 256.3K | 1.2M | 4.9M |
| Short-term debt | — | — | — | — | — | — | — | — |
| Total current liabilities | 728.6K | 1.4M | 1M | 385.2K | 262.9K | 294.4K | 1.6M | 5.8M |
| Long-term debt | — | — | — | — | — | — | — | — |
| Total liabilities | 10.2M | 1.4M | 1M | 385.2K | 262.9K | 294.4K | 1.6M | 5.8M |
| Shareholders' equity | -10.1M | -1.4M | 27.6M | 26.8M | 13.2M | 6.7M | 2.5M | 353.2K |
| 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 | 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 | 9.1M | 7M | 5.5M | 7.2M | 5.8M | 4.1M | 2.7M | 3.1M | 3.8M | 6.2M | 10.5M | 8.9M |
| Receivables | — | — | — | — | — | — | — | — | — | — | — | — |
| Inventory | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 9.1M | 7M | 5.5M | 7.2M | 5.8M | 4.1M | 2.8M | 3.1M | 3.8M | 6.2M | 10.5M | 8.9M |
| Property, plant & equipment | — | — | — | — | — | — | — | — | — | — | — | — |
| Goodwill & intangibles | 12.6K | 10.8K | 9K | 7.2K | — | 3.6K | — | — | — | 0 | — | — |
| Total assets | 9.1M | 7M | 5.5M | 7.2M | 5.8M | 4.1M | 2.8M | 3.1M | 3.8M | 6.2M | 10.5M | 8.9M |
| Accounts payable | 230.9K | 256.3K | 346.6K | 1.3M | 774.8K | 1.2M | 1M | 1.3M | 1.1M | 4.9M | 4.5M | 5M |
| Short-term debt | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current liabilities | 297.3K | 294.4K | 389.6K | 1.4M | 842.4K | 1.6M | 1.4M | 1.7M | 1.6M | 5.8M | 5.2M | 5.8M |
| Long-term debt | — | — | — | — | — | — | — | — | — | — | — | — |
| Total liabilities | 297.3K | 294.4K | 389.6K | 1.4M | 842.4K | 1.6M | 1.4M | 1.7M | 1.6M | 5.8M | 5.2M | 5.8M |
| Shareholders' equity | 8.9M | 6.7M | 5.1M | 5.9M | 5M | 2.5M | 1.3M | 1.4M | 2.2M | 353.2K | 5.3M | 3.1M |
| Total debt | — | — | — | — | — | — | — | — | — | — | — | — |
| Net debt | — | — | — | — | — | — | — | — | — | — | — | — |
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 | -1.7M | -3.4M | -1.9M | -4.6M | -7.8M | -8.9M | -15.8M | -19.4M |
| Depreciation & amortization | 3.6K | 3.6K | 3.6K | 3.6K | 3.6K | 3.6K | 3.6K | 1.8K |
| Stock-based compensation | 0 | 194.9K | 678K | 660.6K | 1.7M | 2.4M | 7.3M | 6.8M |
| Change in working capital | 1.6M | 2.9M | -92.5K | -526.7K | 0 | 35.5K | 1.2M | 2.4M |
| Operating cash flow | -105.1K | -333.4K | -1.3M | -4.4M | -6.1M | -6.5M | -7.3M | -9.9M |
| Capital expenditure | — | — | — | — | — | — | — | — |
| Investing cash flow | — | — | — | — | — | — | — | — |
| Dividends paid | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | 0 | -7.5M | 0 | — | — |
| Financing cash flow | 100K | 215K | 29.4M | 2.8M | -7.5M | 0 | 4.4M | 11.9M |
| Net change in cash | -5.1K | -118.4K | 28.2M | -1.6M | -13.6M | -6.5M | -2.9M | 1.9M |
| Free cash flow | -115K | -293.3K | -1.2M | -4.3M | -6.2M | -6.5M | -7.3M | -9.9M |
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 | — | — | — | — | — | -8M | — | — | -4.9M | -7.9M | -5.7M | -3.9M |
| Depreciation & amortization | — | — | — | — | — | 903 | — | — | 0 | 0 | 0 | — |
| Stock-based compensation | — | — | — | — | — | 5.5M | — | — | 1.5M | 2.2M | 1.5M | 1.5M |
| Change in working capital | -69.6K | 25.4K | 90.3K | 988.6K | -560.5K | 402.8K | -643.2K | -28K | 602.6K | 2.1M | -365.5K | 519.5K |
| Operating cash flow | -69.6K | 25.4K | 90.3K | 988.6K | -560.5K | -2.2M | -643.2K | -28K | -2.7M | -3.2M | -4.7M | -1.9M |
| Capital expenditure | — | — | — | — | — | — | — | — | — | — | — | — |
| Investing cash flow | — | — | — | — | — | — | — | — | — | — | — | — |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | — | — | — | — | — | 121.8K | — | — | 3.2M | 5.5M | 9M | 310.7K |
| Net change in cash | -69.6K | 25.4K | 90.3K | 988.6K | -560.5K | -2M | -643.2K | -28K | 536.9K | 2.4M | 4.3M | -1.6M |
| Free cash flow | — | — | — | — | — | -1.9M | — | — | -2.7M | -3.2M | -4.7M | -1.9M |