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 21 | — | -$0.04 | — | — | — | — |
| Q2 21 | — | -$0.02 | — | — | — | — |
| Q1 21 | — | -$0.05 | — | — | — | — |
| Q4 20 | -$0.36 | -$0.38 | -5.6% | — | — | — |
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 % |
|---|---|---|---|---|---|---|
| FY26 | — | -$0.54 | — | — | $14.6M | — |
| FY25 | — | -$0.42 | — | — | — | — |
| FY24 | — | -$0.36 | — | — | $0 | — |
| FY23 | — | -$0.45 | — | — | $0 | — |
| FY22 | — | -$0.38 | — | — | $170.4K | — |
| FY21 | — | -$0.49 | — | — | $0 | — |
| FY20 | — | -$0.33 | — | — | $7.5M | — |
| FY19 | — | -$0.55 | — | — | $139.8K | — |
| FY18 | — | -$0.47 |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $0 | $2.6M | $139.8K | $7.5M | $0 | $170.4K | $0 | $0 | — | $14.6M |
| YoY change | -100% | +InfinityT% | -94.7% | +5.3K% | -100% | +InfinityT% | -100% | 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 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 2.6M | 139.8K | 7.5M | 0 | 170.4K | 0 | 0 | — | 14.6M |
| Cost of revenue | — | — | — | — | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — | — | — | — | — |
| Gross margin | — | — | — | — | — | — | — | — | — | — |
| Research & development | 7.5M | 10M | 18.5M | 22.5M | 17.2M | 31.3M | 24.1M | 27.2M | — | 91.9M |
| Selling, general & administrative | 4.3M | 6.7M | 6.4M | 6.3M | 6.3M | 7.2M | 5.8M | 5.8M | — | 9.6M |
| Operating expenses | 7.8M | 12.5M | 19.3M | 22.6M | 19.7M | 34M | 27.6M | 30.5M | — | 96.1M |
| Operating income | -9.5M | -11.7M | -19.2M | -15.1M | -19.7M | -33.8M | -27.6M | -30.5M | — | -81.6M |
| Operating margin | — | -444.5% | -13.7K% | -201.3% | — | -19.9K% | — | — | — | -560.5% |
| Non-operating income, net | -751.4K | -1.2M | 458K | 1.4M | -10.3M | 1.5M | 410K | -7.4K | — | -649.6K |
| Pretax income | -10.1M | -12.7M | -18.3M | -13.5M | -29.9M | -32.2M | -26.5M | -28M | — | -79.3M |
| Income tax | -737.4K | 1.7K | 0 | 37 | 33 | 34 | 0 | 0 | — | 0 |
| Net income | -9.4M | -12.7M | -18.3M | -13.5M | -29.9M | -32.2M | -26.5M | -28M | — | -79.3M |
| Net margin | — | -484.6% | -13.1K% | -179.9% | — | -18.9K% | — | — | — | -544.8% |
| EBITDA | -7.8M | -11.1M | -19.8M | -16M | -20.7M | -33.9M | -27M | -28M | — | -78.6M |
| EPS | -0.44 | -0.47 | -0.55 | -0.33 | -0.49 | -0.38 | -0.45 | -0.36 | -0.42 | -0.54 |
| Diluted EPS | -0.44 | -0.47 | -0.55 | -0.33 | -0.49 | -0.38 | -0.45 | -0.36 | -0.42 | -0.54 |
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | Q2 13 | Q2 14 | Q2 15 | Q2 16 | Q3 16 | Q4 16 | Q2 17 | Q3 17 | Q4 17 | Q2 18 | Q2 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | — | — | — | — | 0 | -372 | — | 0 | 0 | — | — |
| Cost of revenue | — | — | — | — | — | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — | — | — | — | — | — |
| Gross margin | — | — | — | — | — | — | — | — | — | — | — |
| Research & development | — | — | — | — | 1.5M | 1.6M | — | 1.8M | 3M | — | — |
| Selling, general & administrative | — | — | — | — | 987.9K | 1.8M | — | 1.3M | 964.8K | — | — |
| Operating expenses | — | — | — | — | 2.2M | 3.2M | — | 1.4M | 3.1M | — | — |
| Operating income | — | — | — | — | -2.6M | -3.7M | — | -1.8M | -3.6M | — | — |
| Operating margin | — | — | — | — | — | 986K% | — | — | — | — | — |
| Non-operating income, net | — | — | — | — | -153.7K | -241.2K | — | -612.8K | 438.4K | — | — |
| Pretax income | — | — | — | — | -2.7M | -3.9M | — | -2.4M | -3.1M | — | — |
| Income tax | — | — | — | — | -274.2K | -344.6K | — | -143.9K | -41.6K | — | — |
| Net income | — | — | — | — | -2.5M | -3.5M | — | -2.2M | -3.1M | — | — |
| Net margin | — | — | — | — | — | 945.8K% | — | — | — | — | — |
| EBITDA | — | — | — | — | -2.3M | -3.3M | — | -1.5M | -3.3M | — | — |
| EPS | 0 | 0 | 0 | 0 | -0.12 | — | 0 | -0.11 | — | 0 | 0 |
| Diluted EPS | 0 | 0 | 0 | 0 | -0.12 | — | 0 | -0.11 | — | 0 | 0 |
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 | FY26 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Shares outstanding | 34.4M | 43.3M | 53.6M | 66.2M | 98.2M | 136.7M | 59.4M | 78.7M | 145.6M | 147.2M | 147.2M |
| Metric | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating margin | — | -444.5% | -13.7K% | -201.3% | — | -19.9K% | — | — | — | -560.5% | -560.5% |
| Net margin | — | -484.6% | -13.1K% | -179.9% | — | -18.9K% | — | — | — | -544.8% | -544.8% |
| ROE | -35.3% | -38% | -75.2% | -40.4% | -40.8% | -34.2% | -29.2% | -22.5% | — | -128.9% | -128.9% |
| ROA | -26.8% | -27.1% | -45.2% | -28.9% | -36.5% | -31.5% | -27.1% | -21.2% | — | -95.2% | -95.2% |
| ROIC | -47.1% | -70.1% | -124.2% | -94% | -123.2% | -213.9% | -290.1% | -503.9% | — | 1.3K% | 1.3K% |
| Return on tangible assets | 304.4% | -123.3% | -275.9% | -83.1% | -53.1% | -39.7% | -31.1% | -23.1% | — | -98.8% | -98.8% |
| Metric | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current ratio | 6.05 | 7.43 | 4.44 | 9.26 | 12.8 | 14.2 | 13.8 | 18.2 | — | 5.69 | 5.69 |
| Quick ratio | 6.05 | 7.43 | 4.44 | 9.26 | 12.8 | 14.2 | 13.8 | 18.2 | — | 5.69 | 5.69 |
| Debt / equity | 0.22 | 0.2 | 0.31 | 0.27 | 0.04 | 0.02 | 0.01 | 0.01 | — | 0.02 | 0.02 |
| Debt / assets | 0.17 | 0.14 | 0.19 | 0.19 | 0.03 | 0.02 | 0.01 | 0.01 | — | 0.01 | 0.01 |
| Net debt / EBITDA | 0.83 | 1.52 | 0.45 | 1.08 | 2.77 | 2.31 | 3.01 | 4.21 | — | 0.86 | 0.86 |
| Interest coverage | — | — | — | -1.3K | -3K | -347.5 | -2K | -1.4K | — | -1.2K | -1.2K |
| Effective tax rate | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | — | 0% | 0% |
| Metric | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue per share | 0 | 0.06 | 0 | 0.11 | 0 | 0 | 0 | 0 | — | 0.1 | 0.1 |
| EPS (basic) | -0.44 | -0.47 | -0.55 | -0.33 | -0.49 | -0.38 | -0.45 | -0.36 | -0.42 | -0.54 | -0.54 |
| EPS (diluted) | -0.44 | -0.47 | -0.55 | -0.33 | -0.49 | -0.38 | -0.45 | -0.36 | -0.42 | -0.54 | -0.54 |
| Book value per share | 0.77 | 0.77 | 0.45 | 0.5 | 0.75 | 0.69 | 1.53 | 1.58 | — | 0.42 | 0.42 |
| FCF per share | -0.25 | -0.18 | -0.29 | -0.16 | -0.18 | -0.22 | -0.4 | -0.3 | — | -0.38 | -0.38 |
| Cash per share | 0.36 | 0.54 | 0.31 | 0.4 | 0.61 | 0.59 | 1.38 | 1.51 | — | 0.47 | 0.47 |
| Capex per share | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — | — | — |
| Metric | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Capex / revenue | — | 0.45% | 29.6% | 0.26% | — | 13.4% | — | — | — | — | — |
| Capex / operating cash flow | -0.07% | — | — | — | — | -0.05% | — | — | — | — | — |
| — |
| — |
| $2.6M |
| — |
| FY17 | — | -$0.44 | — | — | $0 | — |
| Period | Q2 13 | Q2 14 | Q2 15 | Q2 16 | Q3 16 | Q4 16 | Q2 17 | Q3 17 | Q4 17 | Q2 18 | Q2 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | — | — | — | — | $0 | -$372 | — | $0 | $0 | — | — |
| YoY change | — | — | — | — | — | — | — | 0% | +100% | — | — |
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 | FY26 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 12.2M | 23.5M | 16.6M | 26.3M | 60.1M | 80M | 82.1M | 119.2M | — | 68.9M |
| Receivables | 2M | 3.3M | 4.9M | 3.1K | 51.3K | 17.4K | 86.9K | 3.4K | — | 219.9K |
| Inventory | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 15.9M | 28.6M | 23.5M | 31.2M | 68.4M | 90.8M | 89.8M | 125.4M | — | 80.6M |
| Property, plant & equipment | 24.2K | 26.4K | 53K | 451.8K | 40.9K | 37.9K | 55.3K | 41.4K | — | 110.6K |
| Goodwill & intangibles | 38M | 36.7M | 33.9M | 30.4M | 25.7M | 21.1M | 12.6M | 10.8M | — | 3M |
| Total assets | 35M | 47M | 40.5M | 46.6M | 82M | 102.2M | 98.1M | 132.1M | — | 83.3M |
| Accounts payable | 1.1M | 1.6M | 2.6M | 1.6M | 1.8M | 2.9M | 3.6M | 2.5M | — | 5.9M |
| Short-term debt | — | — | — | 129.4K | 208.2K | 173.4K | 123.2K | 153.1K | — | 290.1K |
| Total current liabilities | 2.6M | 3.9M | 5.3M | 3.4M | 5.3M | 6.4M | 6.5M | 6.9M | — | 14.2M |
| Long-term debt | 5.8M | 6.6M | 7.6M | 8.9M | 2.6M | 1.6M | 693.8K | 891.2K | — | 757.4K |
| Total liabilities | 8.4M | 13.5M | 16.2M | 13.3M | 8.8M | 8.1M | 7.3M | 7.9M | — | 21.7M |
| Shareholders' equity | 26.5M | 33.5M | 24.4M | 33.3M | 73.3M | 94.1M | 90.8M | 124.2M | — | 61.5M |
| Total debt | 5.8M | 6.6M | 7.6M | 9.1M | 2.8M | 1.7M | 817K | 1M | — | 1M |
| Net debt | -6.5M | -16.8M | -8.9M | -17.3M | -57.3M | -78.3M | -81.3M | -105M | — | -62.6M |
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 13 | Q2 14 | Q2 15 | Q2 16 | Q4 16 | Q2 17 | Q3 17 | Q4 17 | Q2 18 | Q2 19 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 28.1M | 28.6M | 5.7M | 25.5M | 20.9M | 16.6M | 13.9M | 12.2M | 13.7M | 26M |
| Receivables | 0 | 1.6M | 5.7M | 116.4K | 94.7K | 1.5M | 2.2M | 2M | 1.3M | 3K |
| Inventory | 0 | — | — | — | — | — | — | — | — | — |
| Total current assets | 31.7M | 31.4M | 14.6M | 26.4M | 21.7M | 18.7M | 17M | 15.9M | 18.3M | 30.3M |
| Property, plant & equipment | 453.5K | 879.2K | 445K | 115.6K | 31.5K | 23.8K | 25.6K | 24.2K | 24.9K | 37.7K |
| Goodwill & intangibles | 198.5K | 288.2K | 48.1M | 43.5M | 41.7M | 38.9M | 36.6M | 38M | 37.4M | 35.7M |
| Total assets | 32.3M | 32.8M | 39.3M | 48.2M | 42.6M | 38.2M | 35.4M | 35M | 37M | 48.2M |
| Accounts payable | 2.1M | 2.4M | 3M | 1.6M | 561.3K | 1.2M | 1.2M | 1.1M | 2.2M | 4M |
| Short-term debt | — | — | 667.1K | 0 | 0 | — | — | — | — | — |
| Total current liabilities | 3M | 2.8M | 10M | 1.7M | 1.5M | 1.3M | 1.3M | 2.6M | 2.3M | 4.1M |
| Long-term debt | — | — | — | 4.7M | 5M | 5.4M | 5.6M | 5.8M | 6.2M | 7.1M |
| Total liabilities | 3M | 2.8M | 16.3M | 7.7M | 7.2M | 6.9M | 6.9M | 8.4M | 9.9M | 14.7M |
| Shareholders' equity | 29.4M | 30M | 23M | 40.5M | 35.3M | 31.3M | 28.5M | 26.5M | 27.1M | 33.5M |
| Total debt | — | — | 667.1K | 4.7M | 5M | 5.4M | 5.6M | 5.8M | 6.2M | 7.1M |
| Net debt | — | — | -5.1M | -20.8M | -15.9M | -11.2M | -8.3M | -6.5M | -7.5M | -18.9M |
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 | FY26 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net income | -62M | -9.4M | — | — | — | — | -46.8M | — | — | — |
| Depreciation & amortization | 2M | 1.7M | — | — | — | — | 3M | — | — | — |
| Stock-based compensation | 49.5M | 862.2K | — | — | — | — | 2.2M | — | — | — |
| Change in working capital | -115.1K | -2.9M | — | — | — | — | -4.4M | — | — | — |
| Operating cash flow | -9.5M | -8.9M | — | — | — | — | -45.5M | — | — | — |
| Capital expenditure | 102.6K | -6.6K | -11.9K | -41.4K | -19.3K | -15.6K | -22.9K | -55K | -19.1K | — |
| Investing cash flow | 102.6K | -6.6K | -11.9K | -41.4K | -19.3K | -15.6K | -22.9K | -55K | -13.2M | 56.6M |
| Dividends paid | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | 25.7M | -8.5K | 16.1M | 4.3M | 20.5M | 41.4M | 50.3M | 50.6M | 62.4M | -214.4K |
| Net change in cash | 16.4M | -9M | 16.1M | 4.3M | 20.5M | 41.4M | 4.8M | 50.5M | 49.2M | 56.3M |
| Free cash flow | -11.3M | -8.5M | -7.8M | -15.3M | -10.9M | -17.7M | -30.3M | -23.6M | -23.4M | -55.6M |
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 | Q2 26 | Q3 26 | Q4 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation & amortization | — | — | — | — | — | — | — | — | — | — | — | — |
| Stock-based compensation | — | — | — | — | — | — | — | — | — | — | — | — |
| Change in working capital | — | — | — | — | — | — | — | — | — | — | — | — |
| Operating cash flow | — | — | — | — | — | — | — | — | — | — | — | — |
| Capital expenditure | -1K | -38.7K | -10K | -4.5K | -2K | -6K | -706 | -10.5K | — | — | — | — |
| Investing cash flow | -1.2K | -38.7K | -10K | -61.9K | -16K | -13.1M | -22.9M | -30.2M | — | -107.1K | 25K | 21.1M |
| Dividends paid | 0 | — | 0 | 0 | 0 | — | 0 | — | — | 0 | 0 | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | -46K | 80M | -360K | -47.8K | -27.2K | -3M | -263.6K | -54.2K | — | -156.6K | -37K | -214.4K |
| Net change in cash | -47.2K | 80M | -370K | -109.7K | -43.2K | -16.1M | -23.2M | -30.2M | — | -263.7K | -12K | 20.9M |
| Free cash flow | -14.2M | -7.9M | -13.2M | -3.7M | -6.3M | -4.9M | -6.1M | -20.2M | -16.3M | -9.7M | 13.5M | -40.4M |