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 % |
|---|---|---|---|---|---|---|
| Q2 26 | -$0.77 | -$1.11 | -44.2% | — | $0 | — |
| Q1 26 | -$1.09 | -$0.96 | +11.9% | — | $0 | — |
| Q2 25 | -$4.5 | -$3.25 | +27.8% | — | $0 | — |
| Q1 25 | -$3.25 | -$5.5 | -69.2% | — | $0 | — |
| Q4 24 | -$5.6 | -$5.5 | +1.8% | — | $0 | — |
| Q3 24 | -$7.62 | -$6.25 | +18.0% | — | $0 | — |
| Q2 24 | -$8 | -$9 | -12.5% | — | $0 | — |
| Q1 24 | — | -$8.5 | — | — | $0 | — |
| Q4 23 | -$4.5 | -$3 | +33.3% | — | $0 | — |
| Q3 23 | -$2.25 | -$4.25 | -88.9% | — | $0 | — |
| Q2 23 | -$10 | -$26.3 | -162.5% | — | $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 | — | -$8.56 | — | — | $0 | — |
| FY24 | — | -$29.3 | — | — | $0 | — |
| FY23 | — | -$1.38 | — | — | $0 | — |
| FY22 | — | -$2.19 | — | — | $0 | — |
| FY21 | — | -$0.6 |
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 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| YoY change | — | 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 | Q3 23 | Q4 23 | Q1 24 | Q2 24 |
|---|
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 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost of revenue | — | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — | — |
| Gross margin | — | — | — | — | — | — | — |
| Research & development | 4.4M | 5.1M | 5.9M | 5.1M | 4.8M | 10.5M | 6.8M |
| Selling, general & administrative | 1.2M | 1.2M | 2.1M | 2.4M | 3.5M | 6.1M | 5.2M |
| Operating expenses | 5.7M | 6.2M | 8M | 7.5M | 8.3M | 16.6M | 12M |
| Operating income | -5.7M | -6.2M | -8M | -7.5M | -8.3M | -16.6M | -12M |
| Operating margin | — | — | — | — | — | — | — |
| Non-operating income, net | 145K | 118.8K | 115.5K | 48K | -2.2M | 3K | 186K |
| Pretax income | -5.4M | -6M | -7.9M | -7.6M | -10.5M | -16.3M | -11.6M |
| Income tax | — | — | — | — | — | — | — |
| Net income | -5.4M | -6M | -7.9M | -7.6M | -10.5M | -16.3M | -11.6M |
| Net margin | — | — | — | — | — | — | — |
| EBITDA | -5.7M | -6.2M | -7.9M | -7.5M | -8M | -16.3M | -12M |
| EPS | -0.31 | -0.33 | -0.6 | -2.19 | -1.38 | -29.3 | -8.56 |
| Diluted EPS | -0.31 | -0.33 | -0.6 | -2.19 | -1.38 | -29.3 | -8.56 |
Revenue, gross profit, operating income, and net income per period.
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 | Q4 25 | Q1 26 | Q2 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost of revenue | — | — | — | — | — | — | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — | — | — | — | — | — | — |
| Gross margin | — | — | — | — | — | — | — | — | — | — | — | — |
| Research & development | 1.4M | 1.8M | 2.8M | 3.6M | 2.2M | 2M | 2.2M | 1.5M | 1.6M | 1.5M | 1.2M | 1.8M |
| Selling, general & administrative | 1.1M | 1.6M | 1.9M | 1.5M | 1.4M | 1.2M | 1.2M | 1.2M | 1.2M | 1.6M | 1.3M | 1.3M |
| Operating expenses | 2.5M | 3.4M | 4.7M | 5.1M | 3.6M | 3.2M | 3.4M | 2.7M | 2.7M | 3.1M | 2.5M | 3.1M |
| Operating income | -2.5M | -3.4M | -4.7M | -5.1M | -3.6M | -3.2M | -3.4M | -2.7M | -2.7M | -3.1M | -2.5M | -3.1M |
| Operating margin | — | — | — | — | — | — | — | — | — | — | — | — |
| Non-operating income, net | 14K | 5.3K | — | — | 9K | -6K | 32K | 151K | 3K | 1K | -2K | — |
| Pretax income | -2.3M | -3.2M | -4.6M | -5M | -3.5M | -3.2M | -3.3M | -2.5M | -2.7M | -3.1M | -2.4M | -3M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — |
| Net income | -2.3M | -3.2M | -4.6M | -5M | -3.5M | -3.2M | -3.3M | -2.5M | -2.7M | -3.1M | -2.4M | -3M |
| Net margin | — | — | — | — | — | — | — | — | — | — | — | — |
| EBITDA | -2.3M | -3.2M | -4.6M | -5M | -3.5M | -3.2M | -3.4M | -2.7M | -2.7M | -3.1M | -2.5M | -3.1M |
| EPS | -0.17 | — | -0.34 | -0.36 | -0.25 | — | -5.5 | -3.25 | -1.5 | — | -0.96 | -1.11 |
| Diluted EPS | -0.17 | — | -0.34 | -0.36 | -0.25 | — | -5.5 | -3.25 | -1.5 | — | -0.96 | -1.11 |
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 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Market cap | — | — | — | — | — | — | — | 11.9M |
| Enterprise value | — | — | — | — | — | — | — | 3M |
| Shares outstanding | 17.6M | 18.3M | 13.1M | 3.5M | 8.6M | 556.3K | 1.4M | 1.4M |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | — | -0.42 |
| P/B | — | — | — | — | — | — | — | 1.21 |
| EV/EBITDA | — | — | — | — | — | — | — | -0.25 |
| Earnings yield | — | — | — | — | — | — | — | -235.8% |
| FCF yield | — | — | — | — | — | — | — | -52.7% |
| PEG | — | — | — | — | — | — | — | 0.01 |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | — | — | — | 0% |
| Net margin | — | — | — | — | — | — | — | 0% |
| ROE | 226.4% | 387% | 90.9% | 50.2% | -80.1% | -557.5% | -97.7% | -195.9% |
| ROA | -60.2% | -59.4% | -151.4% | -431.5% | -60.9% | -340.1% | -82.3% | -89.9% |
| Return on tangible assets | -60.2% | -59.4% | -151.4% | -431.5% | -60.9% | -340.1% | -82.3% | -96.9% |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Current ratio | 7.67 | 7.04 | 1.27 | 0.21 | 3.91 | 1.92 | 5.92 | 5 |
| Quick ratio | 7.67 | 7.04 | 1.27 | 0.21 | 3.91 | 1.92 | 5.92 | 5 |
| Debt / equity | -0.11 | -0.32 | -0.27 | -0.3 | 0.01 | 0.05 | 0.01 | 0.01 |
| Debt / assets | 0.03 | 0.05 | 0.45 | 2.56 | 0.01 | 0.03 | 0.01 | 0.01 |
| Net debt / EBITDA | 1.43 | 1.42 | 0.28 | -0.42 | 1.83 | 0.15 | 0.99 | 0.82 |
| Interest coverage | — | — | -469.9 | -91.5 | -33.6 | — | — | — |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Revenue per share | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (basic) | -0.31 | -0.33 | -0.6 | -2.19 | -1.38 | -29.3 | -8.56 | -8.56 |
| EPS (diluted) | -0.31 | -0.33 | -0.6 | -2.19 | -1.38 | -29.3 | -8.56 | -2 |
| Book value per share | -0.14 | -0.09 | -0.66 | -4.36 | 1.53 | 5.25 | 8.76 | 3.13 |
| FCF per share | -0.25 | -0.29 | -0.52 | -1.58 | -0.84 | -27.4 | -6.81 | -3.31 |
| Cash per share | 0.48 | 0.51 | 0.35 | 0.38 | 1.71 | 4.66 | 8.79 | 2.92 |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Payout ratio | — | — | — | — | — | — | — | 0% |
| — |
| — |
| $0 |
| — |
| FY20 | — | -$0.33 | — | — | $0 | — |
| FY19 | — | -$0.31 | — | — | $0 | — |
| Q3 24 |
|---|
| Q4 24 |
|---|
| Q1 25 |
|---|
| Q2 25 |
|---|
| Q3 25 |
|---|
| Q4 25 |
|---|
| Q1 26 |
|---|
| Q2 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 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 8.4M | 9.3M | 4.5M | 1.3M | 14.8M | 2.6M | 11.9M |
| Receivables | — | — | — | — | — | — | — |
| Inventory | — | — | — | — | — | — | — |
| Total current assets | 8.6M | 9.5M | 4.7M | 1.5M | 15.5M | 3.4M | 12.7M |
| Property, plant & equipment | 252.7K | 490.2K | 318.1K | 139K | 147K | 122K | 96K |
| Goodwill & intangibles | — | — | — | — | — | — | — |
| Total assets | 8.9M | 10.1M | 5.2M | 1.8M | 17.3M | 4.8M | 14.1M |
| Accounts payable | 394K | 222.7K | 172.5K | 603K | 3M | 1.2M | 583K |
| Short-term debt | 117.2K | 171.2K | 2.2M | 4.5M | 20K | 28K | 31K |
| Total current liabilities | 1.1M | 1.3M | 3.7M | 6.8M | 4M | 1.8M | 2.1M |
| Long-term debt | 143.1K | 326.3K | 143.6K | 0 | 138K | 110K | 79K |
| Total liabilities | 11.3M | 11.7M | 13.9M | 16.9M | 4.1M | 1.9M | 2.2M |
| Shareholders' equity | -2.4M | -1.6M | -8.7M | -15.1M | 13.2M | 2.9M | 11.9M |
| Total debt | 260.3K | 497.5K | 2.3M | 4.5M | 158K | 138K | 110K |
| Net debt | -3.6M | -8.8M | -2.2M | 3.2M | -8.4M | -2.5M | -11.8M |
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 | Q3 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 15.6M | 14.8M | 10.5M | 6.3M | 2.8M | 2.6M | 929K | 2.2M | 7.1M | 11.9M | 10.2M | 9.5M |
| Receivables | — | — | — | — | — | — | — | — | — | — | — | — |
| Inventory | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 16.6M | 15.5M | 11.2M | 7.4M | 3.8M | 3.4M | 1.7M | 3M | 8.2M | 12.7M | 10.9M | 11.2M |
| Property, plant & equipment | 152.6K | 147K | 141K | 135K | 128K | 122K | 116K | 109K | 103K | 96K | 89K | 82K |
| Goodwill & intangibles | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | 16.8M | 17.3M | 12.4M | 8.7M | 5.2M | 4.8M | 3.1M | 4.4M | 9.6M | 14.1M | 12.3M | 11.5M |
| Accounts payable | 358.4K | 3M | 1.2M | 1.9M | 540K | 1.2M | 1.6M | 1.2M | 1.7M | 583K | 636K | 1M |
| Short-term debt | 10.6K | 20K | 26K | 27K | 28K | 28K | 29K | 30K | 31K | 31K | 32K | 33K |
| Total current liabilities | 724K | 4M | 2.5M | 3.2M | 2.3M | 1.8M | 2.6M | 2.2M | 2.3M | 2.1M | 2.2M | 2.2M |
| Long-term debt | 144.9K | 138K | 131K | 124K | 117K | 110K | 102K | 95K | 87K | 79K | 70K | 62K |
| Total liabilities | 904.9K | 4.1M | 2.7M | 3.3M | 2.4M | 1.9M | 2.7M | 2.3M | 2.4M | 2.2M | 2.3M | 2.3M |
| Shareholders' equity | 15.9M | 13.2M | 9.7M | 5.3M | 2.8M | 2.9M | 334K | 2.2M | 7.2M | 11.9M | 10M | 9.2M |
| Total debt | 155.4K | 158K | 157K | 151K | 145K | 138K | 131K | 125K | 118K | 110K | 102K | 95K |
| Net debt | -6.5M | -8.4M | -7.3M | -3.1M | -2.6M | -2.5M | -798K | -2.1M | -6.9M | -11.8M | -10.1M | -9.4M |
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 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|
| Net income | -5.4M | -6M | -7.9M | -7.6M | -10.5M | -16.3M | -11.6M |
| Depreciation & amortization | — | — | — | — | — | — | — |
| Stock-based compensation | 561.4K | 555.5K | 719.8K | 1.2M | 1.4M | 3.1M | 2M |
| Change in working capital | 78.2K | -347K | -236.9K | 573.8K | 1.6M | -2.3M | 360K |
| Operating cash flow | -4.6M | -5.7M | -7.2M | -5.7M | -7.2M | -15.5M | -9.2M |
| Capital expenditure | — | — | — | — | — | — | — |
| Investing cash flow | 1.7M | 4.6M | 0 | 0 | -6M | 6.4M | 0 |
| Dividends paid | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — |
| Financing cash flow | 3.9M | 6.3M | 2M | 2.3M | 20.4M | 2.6M | 18.5M |
| Net change in cash | 910.4K | 5.2M | -5.2M | -3.4M | 7.2M | -6.6M | 9.3M |
| Free cash flow | -4.4M | -5.4M | -6.8M | -5.5M | -7.2M | -15.2M | -9.2M |
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 | Q3 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income | — | — | -4.6M | -5M | -3.5M | — | — | — | -2.7M | -3.1M | -2.4M | -3M |
| Depreciation & amortization | — | — | — | — | — | — | — | — | — | — | — | — |
| Stock-based compensation | — | — | 1.2M | 591K | 483K | — | — | — | 471K | 450K | 387K | 387K |
| Change in working capital | — | — | -1.4M | 643K | -896K | — | — | — | 104K | -138K | 87K | 226K |
| Operating cash flow | — | — | -5M | -3.8M | -3.8M | — | — | — | -2.4M | -2.4M | -1.8M | -2.3M |
| Capital expenditure | — | — | — | — | — | — | — | — | — | — | — | — |
| Investing cash flow | — | — | 3.3M | 3M | 3.1M | — | — | — | 0 | 0 | — | — |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | -2M | 348 | 0 | 0 | 232K | -571K | -17K | -933K | 7.2M | 7.2M | 150K | 1.6M |
| Net change in cash | -2M | 348 | -1.7M | -719K | -445K | -571K | -17K | -933K | 4.9M | 4.8M | -1.7M | -716K |
| Free cash flow | — | — | -4.4M | -4.2M | -4M | — | — | — | -2.4M | -2.4M | -1.8M | -2.3M |