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 % |
|---|---|---|---|---|---|---|
| Q1 25 | -$0.39 | $2.58 | +761.5% | — | $0 | — |
| Q3 24 | -$3K | -$1.4K | +54.9% | — | $0 | — |
| Q2 24 | -$2.5K | -$3.3K | -30.4% | — | $0 | — |
| Q1 24 | -$2.8K | -$4.1K | -45.3% | — | $0 | — |
| Q2 23 | -$0.12 | -$0.15 | -25.0% | — | $0 | — |
| Q1 23 | -$0.12 | -$0.19 | -58.3% | — | $0 | — |
| Q4 22 | -$0.15 | -$0.15 | 0.0% | — | $0 | — |
| Q3 22 | -$5.3K | -$5.7K | -8.3% | — | $0 | — |
| Q2 22 | -$0.12 | -$0.11 | +8.3% | — | $0 | — |
| Q1 22 | -$0.12 | -$0.12 | 0.0% | — | $0 | — |
| Q4 21 | -$0.09 | -$0.12 | -33.3% | — | $0 | — |
| Q3 21 | -$4.8K | -$3.1K | +36.4% | — | $0 | — |
| Q2 21 | -$0.13 | -$0.08 | +38.5% | — | $0 | — |
| Q1 21 | -$5.3K | -$6.2K | -16.7% | — | $0 | — |
| Q4 20 | -$0.28 | -$0.14 | +50.0% | — | $0 | — |
| Q3 20 | -$0.21 | -$0.07 | +66.7% | — | $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 | — | -$382.8 | — | — | $0 | — |
| FY24 | — | -$5.34 | — | — | $0 | — |
| FY23 | — | -$22.6 | — | — | $0 | — |
| FY22 | — | -$19.8 | — | — | $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 | 354.9K | 289.9K | 971.4K | 2M | 7.3M | 9M | 11.5M | 17.6M | 10.5M | 9.4M |
| Selling, general & administrative | 3.8M | 3M | 11.4M | 8.7M | 10.6M | 11.7M | 12.3M | 13.4M | 10.6M | 6.1M |
| Operating expenses | 4.1M | 3.3M | 12.4M | 10.7M | 17.9M | 20.6M | 23.8M | 31.1M | 21.2M | 15.5M |
| Operating income | -4.1M | -3.3M | -12.4M | -10.7M | -18M | -20.7M | -23.8M | -31.1M | -21.2M | -15.5M |
| Operating margin | — | — | — | — | — | — | — | — | — | — |
| Non-operating income, net | — | — | — | — | — | — | — | — | -570 | 26.6K |
| Pretax income | -4.1M | -3.3M | -12.4M | -10.7M | -17.9M | -20.7M | -23.7M | -30.9M | -21.1M | -16.2M |
| Income tax | — | — | — | — | — | — | — | — | — | — |
| Net income | -4.1M | -3.3M | -12.4M | -10.7M | -17.9M | -20.7M | -23.7M | -30.9M | -21.1M | -16.2M |
| Net margin | — | — | — | — | — | — | — | — | — | — |
| EBITDA | -4.1M | -3.3M | -12.3M | -10.7M | -17.9M | -20.6M | -23.8M | -31.1M | -21.2M | -15.5M |
| EPS | -12.7 | -10.2 | -36 | -26.4 | -20.4 | -17.6 | -19.8 | -22.6 | -5.34 | -382.8 |
| Diluted EPS | -12.7 | -10.2 | -36 | -26.4 | -20.4 | -17.6 | -19.8 | -22.6 | -5.34 | -382.8 |
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 | 4.6M | 3.7M | 3.3M | 1.7M | 2.8M | 2.8M | 2.5M | 2.5M | 2.2M | 2.2M | 2.7M | 2.7M |
| Selling, general & administrative | 3.2M | 2.3M | 2.7M | 4.8M | 1.6M | 1.5M | 1.4M | 2.2M | 1.2M | 1.3M | 1.7M | 1.8M |
| Operating expenses | 7.8M | 6M | 6M | 6.5M | 4.3M | 4.3M | 4M | 4.7M | 3.3M | 3.5M | 4.5M | 4.5M |
| Operating income | -7.8M | -6M | -6M | -6.5M | -4.3M | -4.3M | -4M | -4.7M | -3.3M | -3.5M | -4.5M | -4.5M |
| Operating margin | — | — | — | — | — | — | — | — | — | — | — | — |
| Non-operating income, net | -13.3K | — | 135 | -620 | -629 | 545 | -80 | 6.9K | 2.2K | 12.8K | 541 | 36.8K |
| Pretax income | -7.7M | -5.9M | -6M | -6.5M | -4.3M | -4.3M | -4M | -4.7M | -3.8M | -3.8M | -4.5M | -4.4M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — |
| Net income | -7.7M | -5.9M | -6M | -6.5M | -4.3M | -4.3M | -4M | -4.7M | -3.8M | -3.8M | -4.5M | -4.4M |
| Net margin | — | — | — | — | — | — | — | — | — | — | — | — |
| EBITDA | -7.8M | -6M | -6M | -6.5M | -4.3M | -4.3M | -4M | -4.7M | -3.3M | -3.5M | -4.5M | -4.5M |
| EPS | -5.36 | — | -3.69 | -3 | -1.23 | — | -0.26 | -187 | -110 | — | -14.1 | -9.4 |
| Diluted EPS | -5.36 | — | -3.69 | -3 | -1.23 | — | -0.26 | -187 | -110 | — | -14.1 | -9.4 |
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 | — | — | — | — | — | — | — | — | — | — | 2.3M |
| Enterprise value | — | — | — | — | — | — | — | — | — | — | -12.5M |
| Shares outstanding | 325.9K | 325.9K | 344.3K | 400.7K | 888.1K | 1.2M | 1.2M | 1.4M | 4M | 42.4K | 42.4K |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | — | — | — | — | 0.08 |
| P/B | — | — | — | — | — | — | — | — | — | — | 0.1 |
| EV/EBITDA | — | — | — | — | — | — | — | — | — | — | 0.8 |
| Earnings yield | — | — | — | — | — | — | — | — | — | — | 1.2K% |
| FCF yield | — | — | — | — | — | — | — | — | — | — | -459.1% |
| PEG | — | — | — | — | — | — | — | — | — | — | -0 |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | — | — | — | — | — | — | 0% |
| Net margin | — | — | — | — | — | — | — | — | — | — | 0% |
| ROE | -254.3% | -773.3% | -139.3% | -352.4% | -58% | -50.1% | -106.6% | -416.1% | -1.3K% | -203.8% | -203.9% |
| ROA | -216.3% | -263.1% | -133.5% | -301.5% | -57.2% | -48.2% | -94.6% | -289.2% | -511.9% | -159.7% | -94.5% |
| Return on tangible assets | -289.3% | -500.3% | -145.4% | -417.5% | -59.5% | -49.7% | -100.3% | -338.2% | -511.9% | -159.7% | -96.3% |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current ratio | 5.74 | 0.23 | 22.8 | 5.83 | 61.5 | 24.7 | 7.64 | 2.31 | 0.83 | 3.84 | 6.76 |
| Quick ratio | 5.74 | 0.23 | 22.8 | 4.26 | 54.8 | 24.7 | 7.64 | 2.31 | 0.83 | 3.84 | 6.77 |
| Debt / equity | — | — | — | — | — | — | — | — | — | — | 0 |
| Interest coverage | — | -1.8K | -324.7 | — | — | — | — | — | — | -20.9 | -20.9 |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue per share | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (basic) | -12.7 | -10.2 | -36 | -26.4 | -20.4 | -17.6 | -19.8 | -22.6 | -5.34 | -382.8 | -382.8 |
| EPS (diluted) | -12.7 | -10.2 | -36 | -26.4 | -20.4 | -17.6 | -19.8 | -22.6 | -5.34 | -382.8 | 34.4 |
| Book value per share | 4.99 | 1.32 | 25.8 | 7.55 | 34.8 | 35.1 | 18.6 | 5.42 | 0.4 | 187.8 | 29.2 |
| FCF per share | -4.11 | -6.86 | -20.2 | -19.6 | -18.3 | -12.2 | -14.7 | -18.1 | -4.28 | -361.1 | -32.9 |
| Cash per share | 4.92 | 0.49 | 25 | 5 | 30.8 | 32.8 | 17.5 | 4.93 | 0.4 | 184.7 | 18.5 |
| Capex per share | 0.02 | 0.02 | 0.07 | 0.08 | 0.02 | 0.03 | 0 | 0 | 0 | — | — |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Capex / operating cash flow | -0.4% | -0.27% | -0.34% | -0.48% | -0.13% | -0.22% | 0% | -0% | -0.01% | — | — |
| Payout ratio | — | — | — | — | — | — | — | — | — | — | 0% |
| FY21 |
| — |
| -$17.6 |
| — |
| — |
| $0 |
| — |
| FY20 | — | -$20.4 | — | — | $0 | — |
| FY19 | — | -$26.4 | — | — | $0 | — |
| FY18 | — | -$36 | — | — | $0 | — |
| FY17 | — | -$10.2 | — | — | $0 | — |
| FY16 | — | -$12.7 | — | — | $0 | — |
| 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% | 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 | 1.6M | 161.3K | 8.6M | 2M | 27.3M | 38.6M | 21M | 6.7M | 1.6M | 7.8M |
| Receivables | 8.2K | 8.8K | 9.3K | 655 | 127 | 0 | 34.9K | 0 | — | — |
| Inventory | — | — | 0 | 801.8K | 3M | — | — | — | — | — |
| Total current assets | 1.6M | 193.6K | 8.8M | 3M | 27.7M | 39.1M | 21.5M | 7.5M | 2.1M | 8.4M |
| Property, plant & equipment | — | — | — | — | — | — | — | — | — | — |
| Goodwill & intangibles | 482.1K | 597.1K | 758.9K | 982.4K | 1.2M | 1.3M | 1.4M | 1.5M | 0 | — |
| Total assets | 1.9M | 1.3M | 9.3M | 3.5M | 31.4M | 42.9M | 25.1M | 10.7M | 4.1M | 10.2M |
| Accounts payable | — | — | — | — | 193K | 973.2K | 442.9K | 1.4M | 1.1M | 743.1K |
| Short-term debt | — | — | — | — | — | — | — | — | — | — |
| Total current liabilities | 285.7K | 831K | 387.8K | 510.7K | 450.7K | 1.6M | 2.8M | 3.3M | 2.5M | 2.2M |
| Long-term debt | — | — | — | — | — | — | — | — | — | — |
| Total liabilities | 285.7K | 831K | 387.8K | 510.7K | 450.7K | 1.6M | 2.8M | 3.3M | 2.5M | 2.2M |
| Shareholders' equity | 1.6M | 428.6K | 8.9M | 3M | 30.9M | 41.3M | 22.3M | 7.4M | 1.6M | 8M |
| 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 | 11.7M | 6.7M | 8.2M | 2.5M | 1.5M | 1.6M | 3.5M | 1.3M | 1.1M | 7.8M | 18M | 15.2M |
| Receivables | 0 | 0 | — | — | — | — | — | — | — | — | — | — |
| Inventory | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 12.9M | 7.5M | 9.2M | 4.4M | 1.9M | 2.1M | 4.2M | 2.1M | 1.7M | 8.4M | 18.8M | 15.8M |
| Property, plant & equipment | — | — | — | — | — | — | — | — | — | — | — | — |
| Goodwill & intangibles | 1.5M | 1.5M | 1.6M | 0 | 0 | 0 | — | — | — | — | — | — |
| Total assets | 16.6M | 10.7M | 12.6M | 6.6M | 3.9M | 4.1M | 6M | 3.8M | 3.6M | 10.2M | 20.3M | 17.1M |
| Accounts payable | 1.2M | 1.4M | 2.2M | 1.2M | 1.3M | 1.1M | 1.5M | 930.8K | 1.6M | 743.1K | 1.7M | 293.6K |
| Short-term debt | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current liabilities | 4.3M | 3.3M | 3.8M | 2.3M | 2.2M | 2.5M | 2.1M | 2.4M | 2.6M | 2.2M | 3.4M | 2.3M |
| Long-term debt | — | — | — | — | — | — | — | — | — | — | — | — |
| Total liabilities | 4.3M | 3.3M | 3.8M | 2.3M | 2.2M | 2.5M | 2.1M | 2.4M | 2.8M | 2.2M | 3.4M | 2.3M |
| Shareholders' equity | 12.3M | 7.4M | 8.8M | 4.3M | 1.7M | 1.6M | 3.9M | 1.4M | 767.8K | 8M | 16.9M | 14.8M |
| 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 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net income | -4.1M | -3.3M | -12.4M | -10.7M | -17.9M | -20.7M | -23.7M | -30.9M | -21.1M | -16.2M |
| Depreciation & amortization | 862 | 3.2K | 5.9K | 13.1K | 22.8K | 22.5K | 25.6K | 15K | 6.7K | 0 |
| Stock-based compensation | 2.7M | 1.3M | 5.4M | 3.5M | 4.2M | 5.3M | 4.7M | 5.4M | 3.3M | 312.8K |
| Change in working capital | 242.9K | -189.4K | 316K | 127.9K | -59.4K | 1.1M | 1.5M | 1.5M | -449.4K | -84.9K |
| Operating cash flow | -1.2M | -2.2M | -6.6M | -7M | -13.7M | -14.2M | -17.5M | -23.9M | -17.5M | -15.3M |
| Capital expenditure | -5K | -5.9K | -22.4K | -33.4K | -17.6K | -31.7K | 0 | 169 | 1.2K | — |
| Investing cash flow | -5K | -5.9K | -22.4K | -33.4K | -17.6K | -31.7K | 1 | 169 | 1.2K | — |
| Dividends paid | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | 2.7M | 794K | 15.4M | 1.3M | 41.6M | 25.7M | 6.4K | 10.6M | 12M | 21.5M |
| Net change in cash | 1.5M | -1.4M | 8.8M | -5.8M | 27.8M | 11.5M | -17.5M | -13.3M | -5.5M | 6.2M |
| Free cash flow | -1.3M | -2.2M | -6.9M | -7.9M | -16.3M | -14.4M | -17.7M | -24.8M | -17.1M | -15.3M |
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 | 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 | -7.7M | -5.9M | -6M | -6.5M | -4.3M | -4.3M | -4M | -4.7M | -3.8M | -3.8M | -4.5M | -4.4M |
| Depreciation & amortization | 3.7K | 3.4K | 2.7K | 2.3K | 1.3K | 463 | 0 | 0 | 0 | 0 | — | — |
| Stock-based compensation | 1.5M | 1M | 516K | 2.1M | 420.2K | 302.8K | 184.2K | 89.9K | 19.6K | -346.4K | 73.4K | 68.4K |
| Change in working capital | 30.9K | 210K | 184.2K | -1.2M | 192K | 204.3K | -161.4K | 369.1K | 39.3K | -331.9K | 1.5M | -825K |
| Operating cash flow | -6.2M | -4.7M | -5.3M | -5.6M | -3.7M | -3.8M | -3.9M | -3.9M | -3.2M | -4.1M | -3.1M | -5.1M |
| Capital expenditure | 0 | — | 1.2K | 1 | 0 | -1 | 0 | — | — | — | — | — |
| Investing cash flow | 0 | — | 1.2K | 1 | 0 | -1 | 0 | — | — | — | — | — |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | 6.5M | 10 | 6.8M | 20.8K | 1.2M | 4M | 6M | 1.7M | 2.9M | 10.8M | 13.4M | 2.2M |
| Net change in cash | 289.2K | -4.7M | 1.5M | -5.6M | -2.5M | 160K | 2.1M | -2.1M | -243.5K | 6.7M | 10.2M | -2.9M |
| Free cash flow | -4.8M | -5M | -5.3M | -5.8M | -1.4M | -3.9M | -4.2M | -3.9M | -3.2M | -4.1M | -3.1M | -5.1M |