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 % |
|---|---|---|---|---|---|---|
| Q4 25 | -$0.1 | -$0.16 | -60.0% | — | $0 | — |
| Q3 25 | -$0.07 | -$0.3 | -328.6% | — | $0 | — |
| Q2 25 | -$0.14 | -$0.17 | -21.4% | — | $0 | — |
| Q1 25 | -$0.34 | -$0.27 | +20.6% | — | $0 | — |
| Q4 24 | -$0.43 | -$0.32 | +25.6% | — | $0 | — |
| Q3 24 | -$0.3 | -$0.31 | -3.3% | — | $0 | — |
| Q2 24 | -$0.43 | -$0.24 | +44.2% | — | $0 | — |
| Q1 24 | -$0.43 | -$0.46 | -7.0% | — | $0 | — |
| Q4 23 | -$0.51 | -$0.31 | +39.2% | — | $0 | — |
| Q3 23 | -$0.72 | -$0.6 | +16.7% | — | $0 | — |
| Q2 23 | -$1.16 | -$0.57 | +50.9% | — | $0 | — |
| Q1 23 | -$0.86 | -$0.88 | -2.3% | — | $0 | — |
| Q4 22 | -$2.29 | -$2.72 | -18.8% | — | $0 | — |
| Q3 22 | -$2.39 | -$2.05 | +14.2% | — | $0 | — |
| Q2 22 | -$2.37 | -$2.25 | +5.1% | — | $0 | — |
| Q1 22 | -$3.5 | -$2.75 | +21.4% | — | $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 | — | -$0.9 | — | — | $0 | — |
| FY24 | — | -$1.28 | — | — | $0 | — |
| FY23 | — | -$2.3 | — | — | $0 | — |
| FY22 | — | -$9.5 | — | — | $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 | Q2 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 | 1M | 2.1M | 2.9M | 7.5M | 4.9M | 3.5M | 3.2M | 5.9M |
| Selling, general & administrative | 1.2M | 5.1M | 4.4M | 6.6M | 6.1M | 4.2M | 5M | 6.4M |
| Operating expenses | 2.5M | 7.7M | 7.8M | 14.1M | 11.1M | 7.7M | 8.2M | 12.4M |
| Operating income | -2.5M | -7.7M | -7.3M | -14.1M | -11.1M | -7.7M | -8.2M | -12.4M |
| Operating margin | — | — | — | — | — | — | — | — |
| Non-operating income, net | — | 10.3K | 104.2K | -212.3K | -312.8K | -153.9K | 27.1K | -108K |
| Pretax income | -2.5M | -7.7M | -7.2M | -14.3M | -11.4M | -7.8M | -8.2M | -12.5M |
| Income tax | — | — | — | — | — | — | — | — |
| Net income | -2.5M | -7.7M | -7.2M | -14.3M | -11.4M | -7.8M | -8.2M | -12.5M |
| Net margin | — | — | — | — | — | — | — | — |
| EBITDA | -2.5M | -7.7M | -7.3M | -13.9M | -10.7M | -7.5M | -8.2M | -12.3M |
| EPS | -6.62 | -21 | -14.5 | -16 | -9.5 | -2.3 | -1.28 | -0.9 |
| Diluted EPS | -6.62 | -21 | -14.5 | -16 | -9.5 | -2.3 | -1.28 | -0.9 |
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | Q2 23 | Q3 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost of revenue | — | — | — | — | — | — | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — | — | — | — | — | — | — |
| Gross margin | — | — | — | — | — | — | — | — | — | — | — | — |
| Research & development | 652.2K | 974.4K | 914.6K | 465.9K | 566.3K | 897.5K | 1.3M | 2M | 1M | 1.6M | 1.3M | 1.5M |
| Selling, general & administrative | 1.1M | 1.1M | 783.2K | 1.6M | 1.1M | 1.2M | 1.1M | 1.5M | 1.2M | 2.4M | 1.3M | 1.1M |
| Operating expenses | 1.7M | 2.1M | 1.7M | 2.1M | 1.6M | 2.1M | 2.4M | 3.5M | 2.2M | 4.1M | 2.6M | 2.6M |
| Operating income | -1.7M | -2.1M | -1.7M | -2.1M | -1.6M | -2.1M | -2.4M | -3.5M | -2.2M | -4.1M | -2.6M | -2.6M |
| Operating margin | — | — | — | — | — | — | — | — | — | — | — | — |
| Non-operating income, net | -164.4K | 6.4K | -5.2K | 13.4K | 13.4K | 200 | 192 | 181 | 173 | -25.1K | -83.2K | -44K |
| Pretax income | -1.9M | -2.1M | -1.7M | -2M | -1.6M | -2.1M | -2.4M | -3.5M | -2.2M | -4.1M | -2.7M | -2.7M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — |
| Net income | -1.9M | -2.1M | -1.7M | -2M | -1.6M | -2.1M | -2.4M | -3.5M | -2.2M | -4.1M | -2.7M | -2.7M |
| Net margin | — | — | — | — | — | — | — | — | — | — | — | — |
| EBITDA | -1.5M | -2.1M | -1.7M | -2.1M | -1.7M | -2.1M | -2.4M | -3.5M | -2.2M | -4.1M | -2.5M | -2.6M |
| EPS | -0.57 | -0.6 | — | -0.46 | -0.24 | -0.31 | — | -0.27 | -0.17 | -0.3 | — | -0.17 |
| Diluted EPS | -0.57 | -0.6 | — | -0.46 | -0.24 | -0.31 | — | -0.27 | -0.17 | -0.3 | — | -0.17 |
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 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|
| Market cap | — | — | 56.7M | — | — | — | — | — | — | 14.1M |
| Enterprise value | — | — | 54.2M | — | — | — | — | — | — | 4M |
| Shares outstanding | — | 377K | 366.6K | 494.5K | 893.2K | 1.2M | 3.4M | 6.4M | 13.8M | 13.8M |
| Metric | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | — | — | — | -0.82 |
| P/B | — | — | 23.7 | — | — | — | — | — | — | 3.43 |
| EV/EBITDA | — | — | -7.02 | — | — | — | — | — | — | -0.33 |
| Earnings yield | — | — | — | — | — | — | — | — | — | -121.9% |
| FCF yield | — | — | -8.89% | — | — | — | — | — | — | -39.3% |
| PEG | — | — | — | — | — | — | — | — | — | 0.02 |
| Metric | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | — | — | — | — | — | 0% |
| Net margin | — | — | — | — | — | — | — | — | — | 0% |
| ROE | — | -1.6K% | -321.6% | -154.9% | -144.8% | -222% | -89% | -119% | -202.7% | -191.4% |
| ROA | — | -495.2% | -271.7% | -137.3% | -130.3% | -168.2% | -82.4% | -106.2% | -164% | -100.9% |
| Return on tangible assets | — | -495.2% | -271.7% | -137.3% | -130.3% | -168.2% | -82.4% | -106.2% | -164% | -208.9% |
| Metric | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|
| Current ratio | — | 1.44 | 5.99 | 15.3 | 12.2 | 4.85 | 13.9 | 9.2 | 4.72 | 4.72 |
| Quick ratio | — | 1.44 | 5.99 | 15.3 | 12.2 | 4.85 | 13.9 | 9.2 | 4.72 | 3.39 |
| Debt / equity | — | — | — | — | — | 0 | 0.01 | 0 | 0 | 0 |
| Debt / assets | — | — | — | — | — | 0 | 0.01 | 0 | 0 | 0 |
| Net debt / EBITDA | — | — | — | — | — | 0.62 | 1.23 | 0.85 | 0.53 | 0.53 |
| Metric | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue per share | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (basic) | — | -6.62 | -21 | -14.5 | -16 | -9.5 | -2.3 | -1.28 | -0.9 | -0.9 |
| EPS (diluted) | — | -6.62 | -21 | -14.5 | -16 | -9.5 | -2.3 | -1.28 | -0.9 | -0.8 |
| Book value per share | — | 0.41 | 6.54 | 9.39 | 11.1 | 4.28 | 2.59 | 1.08 | 0.45 | 0.4 |
| FCF per share | — | -5.58 | -13.8 | -12.7 | -13.7 | -7.83 | -2.48 | -1.09 | -0.71 | -0.64 |
| Cash per share | — | 0.75 | 6.8 | 9.49 | 11.7 | 5.54 | 2.73 | 1.1 | 0.47 | 0.38 |
| Capex per share | — | 0 | — | — | — | — | — | — | — | — |
| Metric | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|
| Capex / operating cash flow | — | 0% | — | — | — | — | — | — | — | — |
| Payout ratio | — | — | — | — | — | — | — | — | — | 0% |
| -$16 |
| — |
| — |
| $0 |
| — |
| FY20 | — | -$14.5 | — | — | $0 | — |
| FY19 | — | -$21 | — | — | $0 | — |
| FY18 | — | -$6.62 | — | — | $0 | — |
| Q3 23 |
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| Q4 23 |
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| Q1 24 |
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| Q2 24 |
|---|
| Q3 24 |
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| Q4 24 |
|---|
| Q1 25 |
|---|
| Q2 25 |
|---|
| Q3 25 |
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| Q4 25 |
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| Q1 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 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 1.2M | 282.6K | 2.5M | 4.7M | 10.4M | 6.6M | 9.3M | 7M | 6.4M |
| Receivables | — | — | — | — | — | — | — | — | — |
| Inventory | — | — | — | — | — | — | — | — | — |
| Total current assets | 1.2M | 501.6K | 2.6M | 4.8M | 10.6M | 6.7M | 9.4M | 7.6M | 6.9M |
| Property, plant & equipment | — | — | — | — | — | — | 55.2K | 0 | -26.4K |
| Goodwill & intangibles | — | — | — | — | — | — | — | — | — |
| Total assets | 1.2M | 503.9K | 2.8M | 5.2M | 11M | 6.8M | 9.5M | 7.7M | 7.6M |
| Accounts payable | 47.9K | 142.3K | 403.9K | 129.5K | 361K | 695K | 35.6K | 412.1K | 823.7K |
| Short-term debt | — | — | — | — | — | — | 28.8K | 28.4K | 5.7K |
| Total current liabilities | 49.5K | 349K | 440.1K | 312.1K | 867.8K | 1.4M | 678.7K | 831.2K | 1.5M |
| Long-term debt | — | — | — | — | — | 0 | 26.3K | 2.7K | 0 |
| Total liabilities | 49.5K | 349K | 440.1K | 597.1K | 1.1M | 1.6M | 705K | 833.9K | 1.5M |
| Shareholders' equity | 1.2M | 155K | 2.4M | 4.6M | 9.9M | 5.1M | 8.8M | 6.9M | 6.2M |
| Total debt | — | — | — | — | — | 0 | 55.2K | 31.1K | 5.7K |
| Net debt | — | — | — | — | — | -6.4M | -9.2M | -7M | -6.2M |
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 | Q3 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 11.6M | 11.9M | 9.3M | 7.6M | 9.7M | 8M | 7M | 11.3M | 9M | 7.8M | 6.4M | 4M |
| Receivables | — | — | — | — | — | — | — | — | — | — | — | — |
| Inventory | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 11.9M | 12.1M | 9.4M | 8.4M | 10M | 8.2M | 7.6M | 12.3M | 10.1M | 8.9M | 6.9M | 4.9M |
| Property, plant & equipment | — | — | 55.2K | 0 | 0 | -25.9K | 0 | -6.6K | -13K | -19.6K | -26.4K | 0 |
| Goodwill & intangibles | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | 11.9M | 12.1M | 9.5M | 8.5M | 10M | 8.3M | 7.7M | 12.4M | 10.1M | 9.2M | 7.6M | 5.6M |
| Accounts payable | 520.7K | 707.2K | 35.6K | 360.9K | 333.3K | 504.8K | 412.1K | 469.4K | 75.5K | 400.1K | 823.7K | 1.2M |
| Short-term debt | — | — | 28.8K | 29.3K | 30.1K | 31.1K | 28.4K | 28.9K | 21.3K | 13.6K | 5.7K | — |
| Total current liabilities | 1.7M | 1.6M | 678.7K | 639.8K | 680.8K | 810.3K | 831.2K | 815.3K | 364.6K | 1M | 1.5M | 1.4M |
| Long-term debt | — | — | 26.3K | 18.9K | 11K | 2.7K | 2.7K | 0 | 0 | 0 | 0 | — |
| Total liabilities | 2M | 1.6M | 705K | 658.7K | 691.9K | 813K | 833.9K | 815.3K | 364.6K | 1M | 1.5M | 1.4M |
| Shareholders' equity | 10M | 10.5M | 8.8M | 7.8M | 9.3M | 7.5M | 6.9M | 11.5M | 9.7M | 8.2M | 6.2M | 4.2M |
| Total debt | — | — | 55.2K | 48.2K | 41.1K | 33.8K | 31.1K | 28.9K | 21.3K | 13.6K | 5.7K | — |
| Net debt | — | — | -9.2M | -7.5M | -9.6M | -8M | -7M | -11.3M | -9M | -7.8M | -6.2M | — |
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 | -2.5M | -7.7M | -7.2M | -14.3M | -11.4M | -7.8M | -8.2M | -12.5M |
| Depreciation & amortization | 1.2K | 1.2K | 1K | 0 | — | — | — | — |
| Stock-based compensation | 143.1K | 2.5M | 737.7K | 1.3M | 620.8K | 216.4K | 804.3K | 1.2M |
| Change in working capital | 94.4K | 267.4K | -152K | 535.3K | — | — | — | — |
| Operating cash flow | -2.1M | -4.8M | -6.1M | -12.4M | -10.7M | -7.9M | -7.4M | -9.8M |
| Capital expenditure | 0 | — | — | — | — | — | — | — |
| Investing cash flow | 0 | -800K | -1.7M | -48.4K | 1.2M | 0 | — | -300K |
| Dividends paid | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | 0 | -10 | 0 | — | — |
| Financing cash flow | -31.5K | 7.5M | 8.7M | 17.8M | 6M | 11.3M | 1.1M | 3.7M |
| Net change in cash | -2.1M | 1.8M | 894.5K | 5.4M | -3.4M | 3.4M | -6.3M | -6.4M |
| Free cash flow | -2.1M | -5M | -6.3M | -12.2M | -9.4M | -8.4M | -7M | -9.8M |
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 | Q2 23 | Q3 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income | -1.9M | -2.1M | -1.7M | -2M | -1.5M | -1.9M | -2.4M | -3.5M | -2.2M | -4.1M | -2.7M | -2.7M |
| Depreciation & amortization | — | — | — | — | — | — | — | 4.4K | — | — | — | -1K |
| Stock-based compensation | 9.7K | 190.3K | 5.8K | 513.4K | 7.1K | 283.3K | 541 | 219.9K | 0 | 968K | 0 | 0 |
| Change in working capital | — | — | — | — | — | — | — | — | — | — | — | — |
| Operating cash flow | -1.9M | -1.9M | -1.9M | -1.5M | -1.5M | -1.7M | -2.4M | -2.4M | -2.4M | -2.5M | -2.2M | -3.1M |
| Capital expenditure | — | — | — | — | — | — | — | — | — | — | — | — |
| Investing cash flow | — | 0 | 0 | — | — | — | — | — | — | — | — | 147.2K |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | 0 | 2.4M | 0 | 0 | 0 | 0 | 1.1M | 1.4M | 66.1K | 2M | 550.1K | 701.5K |
| Net change in cash | -1.9M | 475.4K | -1.9M | -1.5M | -1.5M | -1.7M | -1.3M | -959.1K | -2.3M | -489.2K | -1.6M | -2.2M |
| Free cash flow | -1.4M | -1.6M | -3.1M | -1.7M | -1.6M | -1.6M | -2M | -2.8M | -2.4M | -2.8M | -1.9M | -3.1M |