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 24 | -$131.5 | -$81.2 | +38.2% | — | $0 | — |
| Q4 23 | -$2.63 | -$2.42 | +8.0% | — | $0 | — |
| Q3 23 | -$3.12 | -$2.74 | +12.2% | — | $0 | — |
| Q2 23 | -$3.32 | -$3.68 | -10.8% | — | $0 | — |
| Q1 23 | -$3.6 | -$3.48 | +3.3% | — | $0 | — |
| Q3 22 | -$0.17 | -$0.11 | +35.3% | — | $0 | — |
| Q2 22 | -$0.12 | -$0.26 | -116.7% | — | $0 | — |
| Q1 22 | -$0.12 | -$0.13 | -8.3% | — | $0 | — |
| Q3 21 | — | -$0.12 | — | — | $0 | — |
| Q2 21 | — | -$0.1 | — | — | $0 | — |
| Q1 21 | -$0.2 | -$0.12 | +40.0% | — | $0 | — |
| Q4 20 | -$0.2 | -$0.29 | -45.0% | — | $0 | — |
| Q3 20 | -$0.51 | -$0.69 | -35.3% | — | $0 | — |
| Q2 20 | -$0.5 | -$0.58 | -16.0% | — | $0 | — |
| Q1 20 | -$0.96 | -$0.53 | +44.8% | — | $0 | — |
| Q3 19 | -$0.64 | -$0.53 | +17.2% | — | $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 | — | -$0.88 | — | — | $0 | — |
| FY24 | — | -$107.3 | — | — | $0 | — |
| FY23 | — | -$12.3 | — | — | $0 | — |
| FY22 | — | -$11.9 | — | — | $0 | — |
| FY21 |
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 | 15M | 13.7M | 7.6M | 3.2M | 12M | 20.4M | 33.3M | 35.6M | 11.8M | 445.5K |
| Selling, general & administrative | 5.8M | 7.4M | 7M | 4.6M | 8.1M | 10M | 10.3M | 9.6M | 7.5M | 3.3M |
| Operating expenses | 20.8M | 21M | 14.6M | 7.8M | 20.1M | 30.4M | 43.6M | 45.3M | 19.3M | 3.8M |
| Operating income | -20.8M | -21M | -14.6M | -7.8M | -20.1M | -30.4M | -43.6M | -45.3M | -19.3M | -3.8M |
| Operating margin | — | — | — | — | — | — | — | — | — | — |
| Non-operating income, net | 3.8M | 4.2M | 4.9M | 379.1K | -146.1K | -2.3M | -1.5M | -4.1M | 4.4M | -4.5M |
| Pretax income | -17M | -16.8M | -10M | -7.9M | -20.3M | -32.7M | -45.1M | -49.3M | -16.2M | -8.3M |
| Income tax | 0 | -1.9M | -536K | -908.7K | 30.6K | 0 | -2.9M | -409K | -3M | 0 |
| Net income | -17M | -14.9M | -9.4M | -7M | -20.4M | -32.7M | -42.2M | -48.9M | -13.2M | -8.3M |
| Net margin | — | — | — | — | — | — | — | — | — | — |
| EBITDA | -24.6M | -25.2M | -14.7M | -7.9M | -20.1M | -30.3M | -43.5M | -45.2M | -19.3M | -3.8M |
| EPS | -7.1K | -2.9K | -1.9K | -122.2 | -42 | -9.4 | -11.9 | -12.3 | -107.3 | -0.88 |
| Diluted EPS | -7.1K | -3.4K | -1.9K | -122.2 | -42 | -9.4 | -11.9 | -12.3 | -107.3 | -0.88 |
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 | 8.5M | 5.4M | 2.5M | 7.1M | 2.8M | -591.6K | 22.2K | 423.3K | 0 | 0 | 70K | 50.9K |
| Selling, general & administrative | 2.1M | 1.8M | 2.6M | 1.4M | 1.7M | 1.8M | 1.3M | 919.5K | 527.9K | 609.7K | 728.5K | 1.2M |
| Operating expenses | 10.7M | 7.2M | 5.2M | 8.5M | 4.5M | 1.2M | 1.3M | 1.3M | 527.9K | 609.7K | 798.5K | 1.2M |
| Operating income | -10.7M | -7.2M | -5.2M | -8.5M | -4.5M | -1.2M | -1.3M | -1.3M | -527.9K | -609.7K | -798.5K | -1.2M |
| Operating margin | — | — | — | — | — | — | — | — | — | — | — | — |
| Non-operating income, net | 140K | -4.2M | -636.4K | 4.5M | 66.9K | 472.6K | -4.8M | 295.3K | 47.3K | -34.6K | -10.2K | -43K |
| Pretax income | -10.5M | -11.5M | -5.8M | -3.9M | -4.9M | -1.5M | -6.1M | -1M | -472.5K | -656.9K | -810.8K | -1.2M |
| Income tax | 0 | -409K | -3M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — | — |
| Net income | -10.5M | -11.1M | -2.9M | -3.9M | -4.9M | -1.5M | -6.1M | -1M | -472.5K | -656.9K | -810.8K | -1.2M |
| Net margin | — | — | — | — | — | — | — | — | — | — | — | — |
| EBITDA | -10.8M | -7M | -5.2M | -13M | -4.5M | 2.8M | -1.3M | -1.6M | -575.2K | -5.1M | -798.5K | -1.2M |
| EPS | -2.74 | — | -28 | -34 | -36 | — | -2.15 | -0.09 | -0.04 | — | -0.07 | -0.08 |
| Diluted EPS | -2.74 | — | -28 | -34 | -36 | — | -2.15 | -0.09 | -0.04 | — | -0.07 | -0.08 |
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 | — | — | — | — | — | — | — | — | — | — | 5.8M |
| Enterprise value | — | — | — | — | — | — | — | — | — | — | 8M |
| Shares outstanding | 2.4K | 5.2K | 9.2K | 102.2K | 483.9K | 3.5M | 3.8M | 4M | 122.9K | 9.4M | 9.4M |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | — | — | — | — | 0.06 |
| P/B | — | — | — | — | — | — | — | — | — | — | 0.81 |
| EV/EBITDA | — | — | — | — | — | — | — | — | — | — | -2.11 |
| Earnings yield | — | — | — | — | — | — | — | — | — | — | 1.6K% |
| FCF yield | — | — | — | — | — | — | — | — | — | — | -7.17% |
| PEG | — | — | — | — | — | — | — | — | — | — | -0.01 |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | — | — | — | — | — | — | 0% |
| Net margin | — | — | — | — | — | — | — | — | — | — | 0% |
| ROE | -1.3K% | -164.4% | -478.4% | -45.1% | -50.2% | -35.2% | -84.6% | -672% | 708% | -310.3% | -125.6% |
| ROA | -129.7% | -81% | -115.4% | -34.1% | -41.8% | -31.6% | -70% | -270.4% | -817.5% | -269.6% | -61.2% |
| ROIC | 342.4% | 535.7% | -2.5K% | -310.7% | -3.7K% | -1.5K% | 3.4K% | 620.3% | -3.1K% | -420.9% | -420.9% |
| Return on tangible assets | -275.3% | -130% | -751.5% | -51.4% | -48.8% | -33.9% | -78.3% | -270.4% | -817.5% | -269.6% | -165.4% |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current ratio | 1.55 | 4.48 | 1.04 | 8.94 | 9.15 | 11.9 | 7.16 | 3.31 | 0.51 | 10.3 | 3.91 |
| Quick ratio | 1.55 | 4.48 | 1.04 | 8.94 | 9.15 | 11.9 | 7.16 | 3.31 | 0.51 | 10.3 | 3.91 |
| Debt / equity | 0.01 | — | 0.73 | 0.05 | 0.02 | 0 | 0 | 0.03 | -1.56 | 0.02 | 0 |
| Debt / assets | 0 | — | 0.18 | 0.04 | 0.02 | 0 | 0 | 0.01 | 1.8 | 0.02 | 0.02 |
| Net debt / EBITDA | 0.3 | — | 0.09 | 1.66 | 1.99 | 3 | 1.17 | 0.32 | -0.13 | 0.47 | 0.47 |
| Interest coverage | — | — | -28.4 | -13.3 | -649.8 | -3.7K | -4.4K | -5.2K | -12 | -338.2 | -338.2 |
| Effective tax rate | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| 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) | -7.1K | -2.9K | -1.9K | -122.2 | -42 | -9.4 | -11.9 | -12.3 | -107.3 | -0.88 | -0.88 |
| EPS (diluted) | -7.1K | -3.4K | -1.9K | -122.2 | -42 | -9.4 | -11.9 | -12.3 | -107.3 | -0.88 | -0.03 |
| Book value per share | 545.4 | 1.7K | 214.8 | 152.9 | 83.7 | 26.5 | 13.1 | 1.83 | -15.2 | 0.28 | -0.01 |
| FCF per share | -6.9K | -3.7K | -1.7K | -74.6 | -33.6 | -8.92 | -9.18 | -10.3 | -148.2 | -0.35 | -0.1 |
| Cash per share | 3.1K | 2.5K | 308.1 | 136.3 | 84.2 | 26 | 13.4 | 3.72 | 3.31 | 0.19 | 0.02 |
| Capex per share | 2.73 | 2.83 | 0.1 | 0.5 | 0.18 | 0.04 | 0 | 0 | 0 | — | — |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Capex / operating cash flow | -0.04% | -0.11% | -0.01% | -0.81% | -0.48% | -0.51% | -0.04% | -0.03% | 0% | — | — |
| Payout ratio | — | — | — | — | — | — | — | — | — | — | 0% |
| — |
| -$9.4 |
| — |
| — |
| $0 |
| — |
| FY20 | — | -$42 | — | — | $0 | — |
| FY19 | — | -$122.2 | — | — | $0 | — |
| FY18 | — | -$1.9K | — | — | $0 | — |
| FY17 | — | -$2.9K | — | — | $0 | — |
| FY16 | — | -$7.1K | — | — | $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 | 7.4M | 13M | 2.8M | 13.9M | 40.7M | 91.3M | 51.2M | 14.8M | 406.4K | 1.8M |
| Receivables | — | — | — | — | — | — | — | — | — | — |
| Inventory | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 7.9M | 13.2M | 3M | 14.4M | 42.6M | 97.5M | 56.5M | 17.5M | 1.6M | 3.1M |
| Property, plant & equipment | 80.8K | 67.6K | 32.4K | 57.2K | 108.4K | 152.8K | 81.6K | 29.5K | -1 | — |
| Goodwill & intangibles | 6.9M | 6.9M | 6.9M | 6.9M | 6.9M | 6.9M | 6.4M | 0 | — | — |
| Total assets | 13.1M | 18.4M | 8.2M | 20.6M | 48.6M | 103.6M | 60.2M | 18.1M | 1.6M | 3.1M |
| Accounts payable | 4.3M | 1.6M | 748.4K | 491.6K | 3.7M | 2.4M | 2.7M | 2.3M | 220.2K | 167.8K |
| Short-term debt | 10.4K | — | 1.4M | 266.7K | 279.8K | 266.6K | 53.6K | 115.9K | 2.9M | 54.1K |
| Total current liabilities | 5.1M | 2.9M | 2.8M | 1.6M | 4.7M | 8.2M | 7.9M | 5.3M | 3.1M | 299.4K |
| Long-term debt | — | — | 0 | 540.8K | 472.3K | 50.3K | 0 | 93.1K | 0 | — |
| Total liabilities | 11.8M | 9.3M | 6.2M | 5M | 8.1M | 10.6M | 10.4M | 10.8M | 3.5M | 402.4K |
| Shareholders' equity | 1.3M | 9.1M | 2M | 15.6M | 40.5M | 93M | 49.9M | 7.3M | -1.9M | 2.7M |
| Total debt | 10.4K | — | 1.4M | 807.4K | 752.2K | 317K | 53.6K | 209K | 2.9M | 54.1K |
| Net debt | -7.4M | — | -1.4M | -13.1M | -40M | -91M | -51.1M | -14.6M | 2.5M | -1.8M |
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 | 19.3M | 14.8M | 13.1M | 2.1M | 1.5M | 406.4K | 4.6M | 2.9M | 2.3M | 1.8M | 2.6M | 1.6M |
| Receivables | — | — | — | — | — | — | — | — | — | — | — | — |
| Inventory | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 21.3M | 17.5M | 15.4M | 5.5M | 3.5M | 1.6M | 6.3M | 4.5M | 3.7M | 3.1M | 2.7M | 1.9M |
| Property, plant & equipment | 41.1K | 29.5K | -1 | -1 | -1 | -1 | — | — | — | — | — | — |
| Goodwill & intangibles | 6.4M | 0 | — | — | — | — | — | — | — | — | — | — |
| Total assets | 25M | 18.1M | 16M | 6M | 3.7M | 1.6M | 6.3M | 4.5M | 3.7M | 3.1M | 2.7M | 1.9M |
| Accounts payable | 3M | 2.3M | 1.5M | 446.5K | 186.3K | 220.2K | 243.3K | 172.7K | 77.2K | 167.8K | 138.4K | 169.9K |
| Short-term debt | 112.3K | 115.9K | 134K | 154.1K | 2.2M | 2.9M | 526.2K | 371.7K | 214.3K | 54.1K | — | — |
| Total current liabilities | 6.4M | 5.3M | 2.6M | 975.6K | 2.7M | 3.1M | 935.9K | 592.9K | 347.4K | 299.4K | 735.6K | 492.8K |
| Long-term debt | 129.3K | 93.1K | 41.2K | 0 | 0 | 0 | — | — | — | — | — | — |
| Total liabilities | 8.8M | 10.8M | 8.5M | 2.4M | 4.1M | 3.5M | 2.4M | 708.5K | 415.8K | 402.4K | 848.7K | 648.9K |
| Shareholders' equity | 16.2M | 7.3M | 7.5M | 3.6M | -406.7K | -1.9M | 3.9M | 3.8M | 3.3M | 2.7M | 1.9M | 1.3M |
| Total debt | 241.5K | 209K | 175.3K | 154.1K | 2.2M | 2.9M | 526.2K | 371.7K | 214.3K | 54.1K | — | — |
| Net debt | -19M | -14.6M | -12.9M | -2M | 726.6K | 2.5M | -4.1M | -2.6M | -2.1M | -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 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net income | -17M | -14.9M | -9.4M | -7M | -20.4M | -32.7M | -42.2M | -48.9M | -13.2M | -8.3M |
| Depreciation & amortization | 21.5K | 28K | 18.8K | 26.7K | 34.5K | 86.1K | 77.5K | 67.1K | 30.8K | 0 |
| Stock-based compensation | 901.9K | 1.7M | 234.5K | 66.2K | 2.4M | 4.7M | 2.6M | 1.3M | 791.6K | 20.8K |
| Change in working capital | — | — | 9.2K | — | 9.6K | 247K | -10.3K | -6.9K | 3.9K | 0 |
| Operating cash flow | -16.1M | -13.1M | -9.3M | -6.3M | -17.8M | -25.4M | -40M | -48.4M | -10.6M | -3.3M |
| Capital expenditure | -6.6K | -14.7K | 900 | -51.5K | -85.8K | -130.4K | -14.1K | -14.3K | 0 | — |
| Investing cash flow | -502.2K | -14.7K | 900 | -51.5K | -85.8K | -130.4K | -14.1K | -14.3K | -600K | -132.1K |
| Dividends paid | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | 0 | -21M | 0 | — | — |
| Financing cash flow | 0 | 24.6M | 11.7M | 16.6M | 43M | 82M | -5.1M | 0 | 2.5M | -4.2M |
| Net change in cash | -16.6M | 11.5M | 2.4M | 10.2M | 25.2M | 56.4M | -45.1M | -48.4M | -8.7M | -7.6M |
| Free cash flow | -16.6M | -19.2M | -15.6M | -7.6M | -16.3M | -31.4M | -35M | -40.9M | -18.2M | -3.3M |
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 | -10.5M | -11.1M | -2.9M | -3.9M | -4.9M | -1.5M | -6.1M | -1M | -472.5K | -656.9K | -810.8K | -1.2M |
| Depreciation & amortization | — | — | — | — | — | — | — | — | 0 | 0 | — | — |
| Stock-based compensation | — | — | — | — | — | — | — | — | 0 | 0 | 0 | 0 |
| Change in working capital | — | — | — | — | — | — | — | — | 0 | 0 | — | — |
| Operating cash flow | -10.5M | -11.1M | -2.9M | -3.9M | -4.9M | -1.5M | -6.1M | -1M | -446K | -332.8K | 578.6K | -1.4M |
| Capital expenditure | — | — | — | — | — | — | — | — | — | — | — | — |
| Investing cash flow | — | — | — | — | — | — | — | — | 0 | 0 | — | — |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | — | — | — | — | — | — | — | — | -314.7K | -160.2K | 141.9K | -280K |
| Net change in cash | -10.5M | -11.1M | -2.9M | -3.9M | -4.9M | -1.5M | -6.1M | -1M | -760.7K | -493K | 720.5K | -1.7M |
| Free cash flow | — | — | — | — | — | — | — | — | -446K | -332.8K | 578.6K | -1.4M |