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 % |
|---|---|---|---|---|---|---|
| Q3 26 | -$0.15 | -$0.14 | +6.7% | — | — | — |
| Q2 26 | -$0.11 | -$0.13 | -18.2% | — | — | — |
| Q1 26 | -$0.12 | -$0.16 | -33.3% | — | $0 | — |
| Q3 25 | -$0.15 | -$0.14 | +6.7% | — | $0 | — |
| Q2 25 | -$0.13 | -$0.21 | -61.5% | — | — | — |
| Q1 25 | -$0.11 | -$0.15 | -36.4% | — | — | — |
| Q3 24 | -$0.1 | -$1.37 | -1270.0% | — | — | — |
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 | — | -$0.63 | — | — | $0 | — |
| FY24 | — | -$1.21 | — | — | $0 | — |
| FY23 | — | -$0.7 | — | — | $0 | — |
| FY22 | — | -$0.22 | — | — | $0 | — |
| FY21 | — | -$0.17 | — | — | $0 |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | $0 | $0 |
| YoY change | — | 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 | Q1 22 | Q1 23 | Q1 24 | Q2 24 | Q3 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 |
|---|
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 0 |
| Cost of revenue | — | — | — | — | — |
| Gross profit | — | — | — | — | — |
| Gross margin | — | — | — | — | — |
| Research & development | 4.9M | 7.9M | 9.4M | 13.3M | 20.5M |
| Selling, general & administrative | 2.4M | 2M | 4.1M | 4.3M | 7.6M |
| Operating expenses | 7.1M | 9.7M | 13.5M | 17.6M | 27.4M |
| Operating income | -7.1M | -9.7M | -13.2M | -17.6M | -27.3M |
| Operating margin | — | — | — | — | — |
| Non-operating income, net | 725.1K | 294.1K | -16.2M | -313.8K | -2.3M |
| Pretax income | -7M | -9.4M | -29.3M | -21.7M | -30.1M |
| Income tax | — | — | — | — | — |
| Net income | -7M | -9.4M | -29.3M | -21.7M | -30.1M |
| Net margin | — | — | — | — | — |
| EBITDA | -6.7M | -9.3M | -12.9M | -17.1M | -27.1M |
| EPS | -0.17 | -0.22 | -0.7 | -1.21 | -0.63 |
| Diluted EPS | -0.17 | -0.22 | -0.7 | -1.21 | -0.63 |
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | Q1 22 | Q1 23 | Q1 24 | Q2 24 | Q3 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | — | — | — | — | — | 0 | 0 | 0 | 0 |
| Cost of revenue | — | — | — | — | — | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — | — | — | — | — | — |
| Gross margin | — | — | — | — | — | — | — | — | — | — | — |
| Research & development | 1.6M | 1.6M | — | — | — | — | — | 5M | 6.1M | 5.2M | 6.6M |
| Selling, general & administrative | 576.7K | 924.2K | — | — | — | — | — | 1.8M | -1.6M | 2.3M | 2.1M |
| Operating expenses | 2.1M | 2.5M | — | — | — | — | — | 6.6M | 4.5M | 7.5M | 8.8M |
| Operating income | -2.1M | -2.5M | -4.6M | -3.6M | -2.2M | -6.3M | -6.5M | -6.6M | -4.4M | -7.5M | -8.8M |
| Operating margin | — | — | — | — | — | — | — | — | — | — | — |
| Non-operating income, net | — | -16.2M | — | — | — | — | — | -500.7K | -1.8M | — | — |
| Pretax income | -2.1M | -18.7M | — | — | — | — | — | -7.1M | -6.8M | -7.5M | -9.2M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — |
| Net income | -2.1M | -18.7M | — | — | — | — | — | -7.1M | -6.8M | -7.5M | -9.2M |
| Net margin | — | — | — | — | — | — | — | — | — | — | — |
| EBITDA | -2M | -2.4M | — | — | — | — | — | -6.7M | -4.2M | -7.5M | -8.7M |
| EPS | -0.05 | -0.45 | -0.41 | -0.43 | -0.05 | -0.15 | -0.21 | -0.14 | — | -0.13 | -0.14 |
| Diluted EPS | -0.05 | -0.45 | -0.41 | -0.43 | -0.05 | -0.15 | -0.21 | -0.14 | — | -0.13 | -0.14 |
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 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|
| Market cap | 37.5B | 10.1B | 250.1M | — | — | 133.2M |
| Enterprise value | 37.5B | 10.1B | 248.8M | — | — | 142.3M |
| Shares outstanding | 42M | 42M | 42M | 18.7M | 47.9M | 47.9M |
| Metric | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | -3.3 |
| P/B | -50.2K | 823.8 | -160.4 | — | — | 7.34 |
| EV/EBITDA | -5.6K | -1.1K | -19.3 | — | — | -4.6 |
| Earnings yield | — | — | — | — | — | -30.3% |
| FCF yield | -0.02% | -0.07% | -4.81% | — | — | -13.7% |
| PEG | — | — | — | — | — | 0.1 |
| Metric | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | — | 0% |
| Net margin | — | — | — | — | — | 0% |
| ROE | 938.3% | -76.1% | 1.9K% | -148.6% | -143.6% | -161.4% |
| ROA | -109.6% | -61.6% | -672.1% | -108.6% | -109.9% | -58.4% |
| Return on tangible assets | -109.6% | -61.6% | -672.1% | -108.6% | 180.2% | 249.4% |
| Metric | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|
| Current ratio | 0.79 | 5.13 | 1.16 | 3.68 | 0.78 | 0.18 |
| Quick ratio | 0.79 | 5.13 | 1.16 | 3.68 | 0.78 | 0.18 |
| Debt / equity | -0.86 | 0.01 | -1.5 | 0.01 | 0.03 | 0.5 |
| Debt / assets | 0.1 | 0.01 | 0.54 | 0.01 | 0.03 | 0.29 |
| Net debt / EBITDA | 0.73 | 1.52 | 0.1 | 0.73 | 0.11 | -0.3 |
| Interest coverage | -10.1 | — | -1.6K | -4.24 | -47.1 | -26.3 |
| Metric | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|
| Revenue per share | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (basic) | -0.17 | -0.22 | -0.7 | -1.21 | -0.63 | -0.63 |
| EPS (diluted) | -0.17 | -0.22 | -0.7 | -1.21 | -0.63 | -0.54 |
| Book value per share | -0.02 | 0.29 | -0.04 | 0.78 | 0.44 | 0.29 |
| FCF per share | -0.16 | -0.18 | -0.29 | -0.79 | -0.58 | -0.47 |
| Cash per share | 0.13 | 0.34 | 0.09 | 0.68 | 0.08 | 0.02 |
| Capex per share | 0 | 0 | 0 | 0 | — | — |
| Metric | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|
| Capex / operating cash flow | -0.06% | -0.4% | -0.28% | -0.31% | — | — |
| Payout ratio | — | — | — | — | -0.03% | 0% |
| — |
| Q2 26 |
|---|
| Revenue | $0 | $0 | — | — | — | — | — | $0 | $0 | $0 | $0 |
| YoY change | — | 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 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Cash & short-term investments | 5.5M | 14.3M | 3.7M | 12.7M | 3.6M |
| Receivables | — | — | — | — | — |
| Inventory | — | — | — | — | — |
| Total current assets | 5.7M | 14.7M | 4.2M | 19.6M | 4.6M |
| Property, plant & equipment | 617.1K | 418.5K | 203K | 322.5K | 685.2K |
| Goodwill & intangibles | — | — | — | — | 44M |
| Total assets | 6.4M | 15.2M | 4.4M | 20M | 27.4M |
| Accounts payable | 413.8K | 1.9M | 1.9M | 3.2M | 3.8M |
| Short-term debt | 644.1K | 117.5K | 20.8K | 159.8K | 396.4K |
| Total current liabilities | 7.2M | 2.9M | 3.6M | 5.3M | 5.9M |
| Long-term debt | 0 | 20.7K | 2.3M | 42.7K | 303.6K |
| Total liabilities | 7.2M | 2.9M | 5.9M | 5.4M | 6.4M |
| Shareholders' equity | -747.8K | 12.3M | -1.6M | 14.6M | 20.9M |
| Total debt | 644.1K | 138.2K | 2.3M | 202.5K | 700K |
| Net debt | -4.9M | -14.1M | -1.3M | -12.5M | -2.9M |
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 | Q1 23 | Q1 24 | Q3 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 |
|---|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 9.8M | — | — | — | — | 2.7M | 3.6M | 6.3M | 996K |
| Receivables | — | — | — | — | — | — | — | — | — |
| Inventory | — | — | — | — | — | — | — | — | — |
| Total current assets | 10.1M | — | — | — | — | 3.5M | 4.6M | 7M | 1.7M |
| Property, plant & equipment | 329.9K | — | — | — | — | 378K | 685.2K | 675.6K | 745.7K |
| Goodwill & intangibles | — | — | — | — | — | 43.6M | 44M | 44M | 44M |
| Total assets | 10.4M | — | — | — | — | 25.7M | 27.4M | 29.7M | 31.7M |
| Accounts payable | 291.1K | 1.6M | 1.9M | 3.1M | 3.6M | 4.1M | 3.8M | 4M | 3.1M |
| Short-term debt | 110K | — | — | — | — | 577.7K | 396.4K | 206.9K | 5.4M |
| Total current liabilities | 3.3M | — | — | — | — | 8.8M | 5.9M | 6.1M | 9.3M |
| Long-term debt | 0 | — | — | — | — | 0 | 303.6K | 250.1K | 3.8M |
| Total liabilities | 3.3M | — | — | — | — | 8.9M | 6.4M | 6.5M | 13.2M |
| Shareholders' equity | 7.2M | — | — | — | — | 16.8M | 20.9M | 23.2M | 18.5M |
| Total debt | 110K | — | — | — | — | 577.7K | 700K | 456.9K | 9.2M |
| Net debt | -9.7M | — | — | — | — | -2.1M | -2.9M | -5.8M | 8.2M |
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 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Net income | -7M | -9.4M | -29.3M | -21.7M | -30.1M |
| Depreciation & amortization | 380.7K | 373.1K | 177.4K | 116.7K | 71.3K |
| Stock-based compensation | 654.5K | 218.3K | 478.9K | 2M | 6.4M |
| Change in working capital | -15.6K | -216.4K | 149.2K | -358.3K | 612.5K |
| Operating cash flow | -5.4M | -9M | -28.5M | -18.7M | -27.6M |
| Capital expenditure | -3.3K | -36.3K | -79.2K | -57.9K | — |
| Investing cash flow | -3.3K | -36.3K | -1.3M | -6.1M | -1.3M |
| Dividends paid | — | — | — | — | -8.4K |
| Share repurchases | — | 0 | -24.8K | 0 | — |
| Financing cash flow | 7.3M | 15.9M | 2.7M | 27.7M | 16.3M |
| Net change in cash | 2M | 6.9M | -27.1M | 3M | -12.6M |
| Free cash flow | -6.6M | -7.5M | -12M | -14.8M | -27.7M |
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 | Q1 22 | Q1 23 | Q1 24 | Q3 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net income | -2.1M | -18.7M | -4.8M | -2.2M | -6.7M | -9.5M | -7.1M | -6.8M | -7.5M | -9.2M |
| Depreciation & amortization | 94K | 60.4K | 34.3K | 17K | 14.1K | 13.4K | 21.3K | 22.5K | 23.5K | 28.1K |
| Stock-based compensation | 29K | 169.6K | 334.6K | 101K | 1.4M | 1.4M | 1.6M | 2M | 2.8M | 2.1M |
| Change in working capital | 18.6K | 324.9K | -58.2K | 0 | 41.6K | -1.6K | 262.5K | 310K | -148.1K | 63.1K |
| Operating cash flow | -2M | -18.2M | -4.5M | -2M | -5.2M | -6.2M | -11.1M | -5.6M | -4.4M | -8.6M |
| Capital expenditure | — | — | — | — | -42.7K | — | — | — | — | — |
| Investing cash flow | 0 | -1.2M | 0 | — | -1.2M | -150.9K | 0 | 0 | 0 | 0 |
| Dividends paid | — | — | — | 0 | -2.1K | -2.1K | -2.1K | -2.1K | -2.1K | -2.1K |
| Share repurchases | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | -300K | 0 | 4.6M | 0 | -1.1M | 5.6M | 5.3M | 6.5M | 7.1M | -131.6K |
| Net change in cash | -2.3M | -19.4M | 116.7K | -2M | -7.4M | -817.9K | -5.8M | 950.4K | 2.7M | -8.8M |
| Free cash flow | -1.9M | -3.2M | -3.8M | -1.9M | -4.8M | -6.3M | -11.1M | -5.6M | -4.5M | -8.8M |