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 22 | -$0.25 | -$0.72 | -188.0% | — | $0 | — |
| Q2 22 | -$0.51 | -$1.76 | -245.1% | — | $0 | — |
| Q1 22 | -$0.58 | -$2.24 | -286.2% | — | $0 | — |
| Q4 21 | -$0.75 | -$2.12 | -182.7% | — | — | — |
| Q3 21 | -$0.85 | -$2.2 | -158.8% | — | — | — |
| Q2 21 | -$0.8 | -$2.96 | -270.0% | — | — | — |
| Q1 21 | -$0.83 | -$2.32 | -179.5% | — | — | — |
| Q4 20 | -$0.84 | -$0.56 | +33.3% | — | — | — |
| Q3 20 | -$0.8 | -$0.72 | +10.0% | — | — | — |
| Q2 20 | -$0.56 | -$0.59 | -5.4% | — | — | — |
| Q1 20 | -$0.73 | -$4.31 | -490.4% | — | — | — |
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 % |
|---|---|---|---|---|---|---|
| FY22 | — | $0.24 | — | — | $0 | — |
| FY21 | — | -$9.48 | — | — | $0 | — |
| FY20 | — | -$14.1 | — | — | $0 | — |
| FY19 | — | -$9.92 | — | — | $0 | — |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | FY19 | FY20 | FY21 | FY22 |
|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | $0 |
| YoY change | — | 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 | Q2 22 | Q3 22 | Q4 22 |
|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | $0 |
| YoY change | — | — | — | — |
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | FY19 | FY20 | FY21 | FY22 |
|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 |
| Cost of revenue | — | — | — | — |
| Gross profit | — | — | — | — |
| Gross margin | — | — | — | — |
| Research & development | 19M | 32.2M | 38.4M | 18.9M |
| Selling, general & administrative | 5.1M | 9.5M | 13M | 15.3M |
| Operating expenses | 24.1M | 41.7M | 51.4M | 34.3M |
| Operating income | -24.1M | -41.7M | -51.4M | -34.3M |
| Operating margin | — | — | — | — |
| Non-operating income, net | 75K | -145K | -175K | 34.9M |
| Pretax income | -23.5M | -41.4M | -51.4M | 1.6M |
| Income tax | — | — | — | — |
| Net income | -23.5M | -41.4M | -51.4M | 1.6M |
| Net margin | — | — | — | — |
| EBITDA | -24.1M | -41.6M | -51.3M | -68.7M |
| EPS | -9.92 | -14.1 | -9.48 | 0.24 |
| Diluted EPS | -9.92 | -14.1 | -9.48 | 0.24 |
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 |
|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 |
| Cost of revenue | — | — | — | — |
| Gross profit | — | — | — | — |
| Gross margin | — | — | — | — |
| Research & development | 11.2M | 7.4M | 182K | 180K |
| Selling, general & administrative | 3.5M | 4.1M | 4.6M | 3.1M |
| Operating expenses | 14.7M | 11.5M | 4.8M | 3.3M |
| Operating income | -14.7M | -11.5M | -4.8M | -3.3M |
| Operating margin | — | — | — | — |
| Non-operating income, net | -56K | -38K | -20K | 35M |
| Pretax income | -14.6M | -11.4M | -4.6M | 32.3M |
| Income tax | — | — | — | — |
| Net income | -14.6M | -11.4M | -4.6M | 32.3M |
| Net margin | — | — | — | — |
| EBITDA | -14.6M | -11M | -4.7M | -3.3M |
| EPS | -2.24 | -1.76 | -0.72 | — |
| Diluted EPS | -2.24 | -1.76 | -0.72 | — |
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 | FY18 | FY19 | FY20 | FY21 | FY22 |
|---|---|---|---|---|---|
| Cash & short-term investments | 7.4M | 28.9M | 88.2M | 90.3M | 88.2M |
| Receivables | — | — | — | — | — |
| Inventory | — | — | — | — | — |
| Total current assets | 7.7M | 30.6M | 90.4M | 92.7M | 89.6M |
| Property, plant & equipment | — | 442K | 349K | 775K | 0 |
| Goodwill & intangibles | — | — | — | — | — |
| Total assets | 7.7M | 33.3M | 90.8M | 93.6M | 92M |
| Accounts payable | 908K | 1.7M | 2M | 2.4M | 149K |
| Short-term debt | — | — | — | 246K | — |
| Total current liabilities | 908K | 1.7M | 2M | 2.6M | 149K |
| Long-term debt | — | — | — | 406K | 0 |
| Total liabilities | 908K | 1.7M | 2M | 3M | 149K |
| Shareholders' equity | -31.3M | -54.7M | -96.1M | -147.5M | -146M |
| Total debt | — | — | — | 652K | 0 |
| Net debt | — | — | — | -47.7M | -88.2M |
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 | Q1 22 | Q2 22 | Q3 22 | Q4 22 |
|---|---|---|---|---|
| Cash & short-term investments | 72.9M | 60.3M | 56.3M | 88.2M |
| Receivables | — | — | — | — |
| Inventory | — | — | — | — |
| Total current assets | 78.5M | 64.3M | 59.1M | 89.6M |
| Property, plant & equipment | 2.9M | 235K | — | 0 |
| Goodwill & intangibles | — | — | — | — |
| Total assets | 81.6M | 64.7M | 59.1M | 92M |
| Accounts payable | 1.9M | 1.1M | 767K | 149K |
| Short-term debt | 508K | 445K | — | — |
| Total current liabilities | 2.4M | 1.6M | 767K | 149K |
| Long-term debt | 2M | 0 | 0 | 0 |
| Total liabilities | 4.4M | 1.6M | 767K | 149K |
| Shareholders' equity | -162.2M | -173.6M | -178.2M | -146M |
| Total debt | 2.5M | 445K | 0 | 0 |
| Net debt | -34M | -30M | -49.5M | -88.2M |
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 | FY18 | FY19 | FY20 | FY21 | FY22 | Current |
|---|---|---|---|---|---|---|
| Market cap | — | — | — | — | — | 382.8M |
| Enterprise value | — | — | — | — | — | 0 |
| Shares outstanding | — | 2.4M | 3.5M | 5.4M | 6.6M | 6.6M |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | Current |
|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | 105.3 |
| EV/EBITDA | — | — | — | — | — | 0 |
| Earnings yield | — | — | — | — | — | 0.95% |
| FCF yield | — | — | — | — | — | 0.39% |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | Current |
|---|---|---|---|---|---|---|
| ROE | — | 42.9% | 43% | 34.8% | -1.08% | -1.02% |
| ROA | — | -70.5% | -45.5% | -54.9% | 1.71% | 1.62% |
| Return on tangible assets | — | -70.5% | -45.5% | -54.9% | 1.71% | 1.71% |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | Current |
|---|---|---|---|---|---|---|
| Current ratio | — | 18.5 | 45.9 | 35.6 | 601.6 | 601.6 |
| Quick ratio | — | 18.5 | 45.9 | 35.6 | 601.6 | 601.6 |
| Debt / equity | — | — | — | -0 | 0 | 0 |
| Debt / assets | — | — | — | 0.01 | 0 | 0 |
| Net debt / EBITDA | — | — | — | 1.75 | 1.28 | 2.62 |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | Current |
|---|---|---|---|---|---|---|
| Revenue per share | — | 0 | 0 | 0 | 0 | 0 |
| EPS (basic) | — | -9.92 | -14.1 | -9.48 | 0.24 | 0.24 |
| EPS (diluted) | — | -9.92 | -14.1 | -9.48 | 0.24 | 0.24 |
| Book value per share | — | -23.2 | -27.6 | -27.2 | -22.2 | -22.2 |
| FCF per share | — | -9.33 | -10.7 | -8.64 | -5.47 | 0.06 |
| Cash per share | — | 12.2 | 25.3 | 16.7 | 13.4 | 13.4 |
| Capex per share | — | 0.06 | 0.01 | 0 | 0.06 | 0.06 |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | Current |
|---|---|---|---|---|---|---|
| Capex / operating cash flow | — | -0.64% | -0.05% | -0.03% | 15.4% | 15.3% |
| Dividend yield | — | — | — | — | — | 9.83% |
Split-adjusted payout per share by ex-dividend date.
| Ex-dividend | Amount |
|---|---|
| Jun 26, 2026 | $0.12 |
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 | FY19 | FY20 | FY21 | FY22 |
|---|---|---|---|---|
| Net income | -23.5M | -41.4M | -51.4M | 1.5M |
| Depreciation & amortization | 33K | 97K | 99K | 611K |
| Stock-based compensation | 899K | 2.2M | 3.8M | 2.6M |
| Change in working capital | 762K | 229K | 356K | -2.3M |
| Operating cash flow | -21.8M | -38.8M | -47.1M | 2.4M |
| Capital expenditure | -140K | -18K | -12K | -363K |
| Investing cash flow | -24.1M | -16.7M | -1.6M | 76.5M |
| Dividends paid | — | — | — | — |
| Share repurchases | — | — | — | — |
| Financing cash flow | 43.6M | 95.9M | 48.2M | -1.2M |
| Net change in cash | -2.3M | 40.3M | -475K | 77.6M |
| Free cash flow | -22M | -37.4M | -46.8M | -35.9M |
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 | Q1 22 | Q2 22 | Q3 22 | Q4 22 |
|---|---|---|---|---|
| Net income | -14.6M | -11.4M | -4.6M | 32.2M |
| Depreciation & amortization | 25K | 483K | 104K | -1K |
| Stock-based compensation | 1.1M | 385K | 500K | 654K |
| Change in working capital | -439K | -587K | -681K | -620K |
| Operating cash flow | -14M | -11.2M | -4.7M | 32.2M |
| Capital expenditure | -135K | -207K | -21K | 0 |
| Investing cash flow | 5.3M | 6.3M | 23.1M | 6.8M |
| Dividends paid | — | — | — | — |
| Share repurchases | — | — | — | — |
| Financing cash flow | — | — | 0 | 0 |
| Net change in cash | -8.7M | -4.9M | 18.4M | 39M |
| Free cash flow | -17.3M | -12.5M | -4.2M | -1.9M |