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 | — | — | — | — | $289K | — |
| FY24 | — | — | — | — | $0 | — |
| FY23 | — | — | — | — | $0 | — |
| FY22 | — | — | — | — | $0 | — |
| FY21 | — | — | — | — | $0 | — |
| FY20 | — | — | — | — | $0 | — |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | $0 | $0 | $289K |
| YoY change | — | 0% | 0% | 0% | 0% | +InfinityT% |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | Q1 22 | Q2 22 | Q3 22 | Q4 22 | Q1 23 | Q2 23 |
|---|---|---|---|---|---|---|
| Revenue | $0 | $0 |
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 0 | 289K |
| Cost of revenue | — | — | — | 0 | 0 | 287K |
| Gross profit | — | — | — | 0 | 0 | 2K |
| Gross margin | — | — | — | — | — | 0.69% |
| Research & development | 3.9M | 4.1M | 8.2M | 7.3M | 6.3M | 7.5M |
| Selling, general & administrative | 2.4M | 8.7M | 6.5M | 4.6M | 4.7M | 5.9M |
| Operating expenses | 6.3M | 12.9M | 14.8M | 12M | 11.2M | 13.5M |
| Operating income | -6.3M | -13M | -14.9M | -12.1M | -11.3M | -13.6M |
| Operating margin | — | — | — | — | — | -4.7K% |
| Non-operating income, net | -204K | -113K | -530K | 233K | 77K | 101K |
| Pretax income | -7.2M | -17.2M | -15M | -11.3M | -11.1M | -13.2M |
| Income tax | 0 | 0 | 0 | 0 | 0 | 0 |
| Net income | -7.2M | -17.2M | -15M | -11.3M | -11.1M | -13.2M |
| Net margin | — | — | — | — | — | -4.6K% |
| EBITDA | -7M | -16.9M | -14.3M | -12.3M | -11.2M | -13.6M |
| EPS | — | — | — | — | — | — |
| Diluted EPS | — | — | — | — | — | — |
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | Q1 22 | Q2 22 | Q3 22 | Q4 22 | Q1 23 | Q2 23 |
|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost of revenue | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — |
| Gross margin | — | — | — | — | — | — |
| Research & development | 1.6M | 2.7M | 1.9M | 1.8M | 2.1M | 1.8M |
| Selling, general & administrative | 2M | 1.7M | 1.7M | 1.1M | 1.2M | 1.3M |
| Operating expenses | 3.6M | 4.4M | 3.6M | 2.9M | 3.3M | 3M |
| Operating income | -3.6M | -4.4M | -3.6M | -3.2M | -3.3M | -3M |
| Operating margin | — | — | — | — | — | — |
| Non-operating income, net | — | — | — | — | — | — |
| Pretax income | -1.4M | -2.1M | -3.7M | -3.1M | -3M | -2.8M |
| Income tax | — | — | — | — | — | — |
| Net income | -1.4M | -2.1M | -3.7M | -3.1M | -3M | -2.8M |
| Net margin | — | — | — | — | — | — |
| EBITDA | -3.6M | -2.1M | -3.5M | -3.1M | -2.9M | -2.8M |
| EPS | — | — | — | — | — | — |
| Diluted EPS | — | — | — | — | — | — |
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 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Gross margin | — | — | — | — | — | 0.69% | 0.69% |
| Operating margin | — | — | — | — | — | -4.7K% | -4.7K% |
| Net margin | — | — | — | — | — | -4.6K% | -4.6K% |
| ROE | 424.2% | -84.5% | -109.9% | -196.7% | -255.7% | -569.1% | -569.1% |
| ROA | -732.3% | -66.5% | -92.6% | -121.2% | -137% | -247.5% | -247.5% |
| ROIC | 403.7% | 678% | -186.4% | 1.6K% | 1.4K% | 3.8K% | 3.8K% |
| Return on tangible assets | -732.3% | -66.5% | -92.6% | -121.2% | -137% | -247.5% | -247.5% |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Current ratio | 0.72 | 5.68 | 8.72 | 2.61 | 2.02 | 1.56 | 1.56 |
| Quick ratio | 0.72 | 5.68 | 8.72 | 2.61 | 1.89 | 1.3 | 1.3 |
| Debt / equity | -0.38 | 0.07 | 0.08 | 0.15 | 0.15 | 0.21 | 0.21 |
| Debt / assets | 0.66 | 0.06 | 0.07 | 0.09 | 0.08 | 0.09 | 0.09 |
| Net debt / EBITDA | -0.02 | 1.31 | 0.4 | 0.53 | 0.46 | 0.2 | 0.2 |
| Interest coverage | -1.4K | -290.4 | -402.5 | — | — | — | — |
| Effective tax rate | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Capex / operating cash flow | -0.93% | -2.48% | — | — | — | — | — |
Split-adjusted payout per share by ex-dividend date.
| Ex-dividend | Amount |
|---|---|
| Dec 5, 2022 | $1.12 |
| $0 |
| $0 |
| $0 |
| $0 |
| YoY change | — | — | — | — | 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 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|
| Cash & short-term investments | 496K | 23.7M | 6.8M | 7.4M | 5.8M | 3.2M |
| Receivables | — | — | — | — | — | — |
| Inventory | — | — | — | 0 | 444K | 735K |
| Total current assets | 684K | 24.5M | 14.5M | 7.8M | 6.8M | 4.4M |
| Property, plant & equipment | 342K | 1.4M | 1.7M | 1.5M | 1.3M | 930K |
| Goodwill & intangibles | — | — | — | — | — | — |
| Total assets | 987K | 25.9M | 16.2M | 9.3M | 8.1M | 5.3M |
| Accounts payable | 3K | 93K | 152K | 198K | 154K | 107K |
| Short-term debt | 180K | 281K | 268K | 290K | 277K | 286K |
| Total current liabilities | 951K | 4.3M | 1.7M | 3M | 3.4M | 2.8M |
| Long-term debt | 467K | 1.2M | 873K | 588K | 378K | 194K |
| Total liabilities | 2.7M | 5.5M | 2.5M | 3.6M | 3.7M | 3M |
| Shareholders' equity | -1.7M | 20.4M | 13.6M | 5.7M | 4.3M | 2.3M |
| Total debt | 647K | 1.5M | 1.1M | 878K | 655K | 480K |
| Net debt | 151K | -22.3M | -5.6M | -4.2M | -4.5M | -2.7M |
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 | Q4 22 | Q1 23 | Q2 23 |
|---|---|---|---|
| Cash & short-term investments | 6.8M | 11.5M | 9M |
| Receivables | — | — | — |
| Inventory | — | — | — |
| Total current assets | 14.5M | 11.9M | 9.3M |
| Property, plant & equipment | 1.7M | 1.5M | 1.5M |
| Goodwill & intangibles | — | — | — |
| Total assets | 16.2M | 13.4M | 10.8M |
| Accounts payable | 152K | 191K | 149K |
| Short-term debt | 268K | 307K | 309K |
| Total current liabilities | 1.7M | 2.3M | 2.3M |
| Long-term debt | 873K | 1M | 1M |
| Total liabilities | 2.5M | 3.3M | 3.3M |
| Shareholders' equity | 13.6M | 10.1M | 7.6M |
| Total debt | 1.1M | 1.4M | 1.3M |
| Net debt | -5.6M | -5M | -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 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|
| Net income | -7.2M | -17.2M | -15M | -11.3M | -11.1M | -13.2M |
| Depreciation & amortization | 203K | 25K | 54K | 111K | 171K | 150K |
| Stock-based compensation | 3.9M | 6.7M | 4.9M | 1.5M | 1.9M | 3.6M |
| Change in working capital | -50K | -375K | 59K | 231K | -541K | -161K |
| Operating cash flow | -2.5M | -7.3M | -9.2M | -9.7M | -9.4M | -9.9M |
| Capital expenditure | -23K | -182K | — | — | — | — |
| Investing cash flow | -26K | -252K | -14.2M | 9.6M | 1.7M | 668K |
| Dividends paid | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — |
| Financing cash flow | 2.3M | 37.2M | -399K | 3M | 7.9M | 6.4M |
| Net change in cash | -215K | 29.6M | -23.8M | 2.9M | 176K | -2.8M |
| Free cash flow | -1.9M | -6.9M | -9.5M | -9.9M | -9.5M | -10M |
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 21 | Q4 21 | Q1 22 | Q2 22 | Q3 22 |
|---|---|---|---|---|---|
| Net income | 1.6B | 1.1B | 1.2B | 1.6B | 2.8B |
| Depreciation & amortization | — | — | — | — | — |
| Stock-based compensation | — | — | — | — | — |
| Change in working capital | -279M | 2.6B | -421M | -1.2B | 1.1B |
| Operating cash flow | 1.3B | 3.6B | 639M | 376M | 3.7B |
| Capital expenditure | -350M | -304M | -288M | -324M | -338M |
| Investing cash flow | -637M | 164M | -330M | -387M | 4.4B |
| Dividends paid | -330M | -324M | -357M | -352M | -341M |
| Share repurchases | -2.6B | -1.4B | -1.4B | -1B | -3.5B |
| Financing cash flow | -1.7B | -2.4B | -2.2B | -916M | -5.5B |
| Net change in cash | -1B | 1.4B | -1.9B | -927M | 2.7B |
| Free cash flow | 1.8B | 4B | 1.7B | 920M | 2.9B |