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 | -$0.84 | -$0.49 | +41.7% | — | $0 | — |
| Q2 26 | -$0.93 | -$0.85 | +8.6% | — | $0 | — |
| Q4 25 | -$13.5 | -$23.3 | -72.7% | — | — | — |
| Q3 25 | -$21.7 | -$9.38 | +56.8% | — | $0 | — |
| Q2 25 | -$20.4 | -$15.6 | +23.8% | — | $12K | — |
| Q1 25 | -$21.5 | -$13.4 | +37.6% | — | $74K | — |
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 | — | -$40.5 | — | — | — | — |
| FY24 | — | -$1.15 | — | — | $12K | — |
| FY23 | — | -$0.03 | — | — | $0 | — |
| FY22 | — | -$0.03 | — | — | $0 | — |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | — | $137.4K | $471.4K | $523.3K | $263.5K | $903.9K | $0 | $0 | $12K | — |
| YoY change | — | — | +243.1% | +11% | -49.6% | +243% | -100% | 0% | +InfinityT% | — |
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 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | — | 137.4K | 471.4K | 523.3K | 263.5K | 903.9K | 0 | 0 | 12K | — |
| Cost of revenue | — | 251.6K | 244.1K | 258.5K | 196.2K | 434.4K | 2.8K | 0 | — | — |
| Gross profit | — | -114.2K | 227.3K | 264.7K | 67.3K | 469.5K | -2.8K | 0 | — | — |
| Gross margin | — | -83.1% | 48.2% | 50.6% | 25.5% | 51.9% | — | — | — | — |
| Research & development | — | — | — | — | — | 2.3M | 2.3M | 4M | 12.9M | — |
| Selling, general & administrative | 243.2K | 1.3M | 1.7M | 1.2M | 954.2K | 3.7M | 4.4M | 5M | 17.1M | — |
| Operating expenses | 366K | 10.1M | 1.8M | 1.5M | 1.9M | 5.9M | 6.8M | 8.3M | 18.5M | — |
| Operating income | -366K | -10.2M | -1.5M | -1.2M | -1.8M | -5.4M | -6.4M | -8.6M | -18.6M | — |
| Operating margin | — | -7.4K% | -317.9% | -236.6% | -685.5% | -601.3% | — | — | -155.1K% | — |
| Non-operating income, net | -19.7K | — | 5.9K | 798 | 92.6K | 16.9K | -58.7K | -22.5M | -28K | — |
| Pretax income | -418.8K | -10.2M | -1.5M | -1.3M | -1.7M | -5.4M | -6.5M | -30.9M | -18.4M | — |
| Income tax | -43.6K | -148.5K | -122.6K | -67.2K | 0 | 0 | 0 | 0 | 30K | — |
| Net income | -375.3K | -10.1M | -1.4M | -1.2M | -2M | -5.4M | -6.5M | -30.9M | -18.5M | — |
| Net margin | — | -7.3K% | -291.2% | -230.7% | -776.6% | -599.3% | — | — | -153.8K% | — |
| EBITDA | -360.5K | -10.2M | -1.5M | -1.2M | -1.8M | -5.4M | -6.4M | 13.9M | -18.5M | -22.6M |
| EPS | -0 | -0.52 | -0.04 | -0.02 | -0.02 | -0.02 | -0.03 | -0.03 | -1.15 | -40.5 |
| Diluted EPS | -0 | -0.52 | -0.04 | -0.02 | -0.02 | -0.02 | -0.03 | -0.03 | -1.15 | -40.5 |
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 | Q3 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 12K | 74K | 12K | 0 | — | 0 | 0 | 0 |
| Cost of revenue | — | — | — | — | — | — | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — | — | — | — | — | — | — |
| Gross margin | — | — | — | — | — | — | — | — | — | — | — | — |
| Research & development | 1.6M | 2.6M | 2.6M | 3.3M | 4.4M | 2.9M | 1.4M | 2.7M | — | 1.1M | 2.3M | 321K |
| Selling, general & administrative | 2.3M | 2.3M | 5.3M | 4.1M | 5.3M | 3.4M | 3.6M | 2.3M | — | 5.7M | 4.7M | 3.7M |
| Operating expenses | 3.9M | 795K | 5.3M | 6.1M | 6.4M | 5.5M | 4.1M | 4.6M | — | 6.4M | 6.5M | 4M |
| Operating income | -4M | -795K | -5.3M | -6.1M | -6.5M | -5.4M | -4M | -4.6M | — | -6.4M | -6.5M | -4M |
| Operating margin | — | — | — | — | -53.8K% | -7.4K% | -33.7K% | — | — | — | — | — |
| Non-operating income, net | — | -2K | -5K | -11K | -11K | -5K | -1.7M | 871K | — | -7K | -13K | 361K |
| Pretax income | 31.4M | -726K | -5.2M | -6M | -6.4M | -5.4M | -5.9M | -4M | — | -6.4M | -6.5M | -3.9M |
| Income tax | 0 | 0 | 0 | 0 | 30K | 0 | 0 | 0 | — | 0 | — | 0 |
| Net income | 31.4M | -726K | -5.2M | -6M | -6.5M | -5.4M | -5.9M | -4M | — | -6.4M | -6.5M | -3.9M |
| Net margin | — | — | — | — | -53.8K% | -7.3K% | -49.1K% | — | — | — | — | — |
| EBITDA | -39.4M | -781K | -5.2M | -6.1M | -6.4M | -5.4M | -5M | -4.7M | -7.4M | -6.3M | -6.4M | -4.2M |
| EPS | — | -0.08 | -0.33 | -0.38 | — | -0.29 | -0.33 | -6 | — | -0.6 | -0.6 | -0.35 |
| Diluted EPS | — | -0.08 | -0.33 | -0.38 | — | -0.29 | -0.33 | -6 | — | -0.6 | -0.6 | -0.35 |
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 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market cap | — | — | — | — | — | — | — | — | 1.4B | — | 39.5M |
| Enterprise value | — | — | — | — | — | — | — | — | 1.4B | — | -26M |
| Shares outstanding | 312.8M | 31.9M | 57M | 111.9M | 171M | 244.5M | 297.8M | 15.9M | 16.2M | 1.1M | 1.1M |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | — | — | — | — | -0.08 |
| P/S | — | — | — | — | — | — | — | — | 118.8K | — | — |
| P/B | — | — | — | — | — | — | — | — | 127.1 | — | 0.6 |
| EV/EBITDA | — | — | — | — | — | — | — | — | -76.9 | — | 1.43 |
| EV/Sales | — | — | — | — | — | — | — | — | 118.4K | — | — |
| Earnings yield | — | — | — | — | — | — | — | — | — | — | -1.3K% |
| FCF yield | — | — | — | — | — | — | — | — | -1.13% | — | -23.4% |
| PEG | — | — | — | — | — | — | — | — | — | — | 0 |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross margin | — | -83.1% | 48.2% | 50.6% | 25.5% | 51.9% | — | — | — | — | — |
| Operating margin | — | -7.4K% | -317.9% | -236.6% | -685.5% | -601.3% | — | — | -155.1K% | — | 0% |
| Net margin | — | -7.3K% | -291.2% | -230.7% | -776.6% | -599.3% | — | — | -153.8K% | — | 0% |
| ROE | 423.6% | 12.3K% | 769.1% | 651.6% | -148.5% | -132.6% | -41.6% | -234.4% | -164.6% | — | -47.8% |
| ROA | -174.5% | -2.1K% | -416.5% | -524.9% | -110.9% | -121.9% | -39.3% | -205.2% | -108.3% | — | -24.6% |
| ROIC | 660% | 7.2K% | 781.6% | 625.8% | 944.6% | 2.1K% | 905.4% | 1.8K% | -324.6% | — | — |
| Return on tangible assets | -174.5% | -2.7K% | -521.1% | -648.5% | -110.9% | -121.9% | -39.3% | 439.3% | -108.3% | — | — |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current ratio | 1.12 | 1.09 | 0.49 | 0.41 | 3.95 | 12.4 | 18.8 | 9.02 | 2.88 | — | 48.8 |
| Quick ratio | 1.12 | 0.79 | 0.29 | 0.25 | 3.78 | 12.4 | 18.8 | 9.02 | 2.88 | — | 41.6 |
| Debt / equity | -1.98 | -2.35 | -0.52 | -0.16 | — | — | 0 | 0.03 | 0.03 | — | 0 |
| Debt / assets | 0.81 | 0.4 | 0.28 | 0.13 | — | — | 0 | 0.02 | 0.02 | — | 0 |
| Net debt / EBITDA | -0.09 | 0.01 | 0.01 | 0.01 | — | — | 2.56 | -0.99 | 0.3 | — | 3.05 |
| Interest coverage | -9.86 | -420.6 | -248.3 | -32.7 | — | — | — | — | — | — | — |
| Effective tax rate | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | — | — |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue per share | — | 0 | 0.01 | 0 | 0 | 0 | 0 | 0 | 0 | — | — |
| EPS (basic) | -0 | -0.52 | -0.04 | -0.02 | -0.02 | -0.02 | -0.03 | -0.03 | -1.15 | -40.5 | -40.5 |
| EPS (diluted) | -0 | -0.52 | -0.04 | -0.02 | -0.02 | -0.02 | -0.03 | -0.03 | -1.15 | -40.5 | -1.66 |
| Book value per share | -0 | -0 | -0 | -0 | 0.01 | 0.02 | 0.05 | 0.83 | 0.69 | — | 5.5 |
| FCF per share | -0 | -0.04 | -0.02 | -0.01 | -0.01 | -0.01 | -0.02 | -0.44 | -1 | — | -0.68 |
| Cash per share | 0 | 0.01 | 0 | 0 | 0.01 | 0.02 | 0.05 | 0.88 | 0.36 | — | 5.4 |
| Capex per share | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.01 | 0.02 | — | — |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Capex / revenue | — | 17.8% | 4.7% | 2.07% | 2.15% | 0% | — | — | 2.3K% | — | — |
| Capex / operating cash flow | — | — | — | — | — | 0% | 0% | -2.83% | -1.44% | — | — |
| Payout ratio | — | — | — | — | — | — | — | — | — | — | 0% |
| FY21 | — | -$0.02 | — | — | $903.9K | — |
| FY20 | — | -$0.02 | — | — | $263.5K | — |
| FY19 | — | -$0.02 | — | — | $523.3K | — |
| FY18 | — | -$0.04 | — | — | $471.4K | — |
| FY17 | — | -$0.52 | — | — | $137.4K | — |
| FY16 | — | -$0 | — | — | — | — |
| Period | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 | Q3 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | $0 | $12K | $74K | $12K | $0 | — | $0 | $0 | $0 |
| YoY change | — | — | 0% | 0% | +InfinityT% | +InfinityT% | +InfinityT% | 0% | — | -100% | -100% | 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 | FY15 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 95.8K | 141.8K | 252.9K | 258.8M | 239.6M | 312.5M | 4.3M | 16.4M | 14M | 5.9M |
| Receivables | — | 549 | 3.9K | 74.9M | 87.9M | 111.6M | 33.9K | — | 182.3K | — |
| Inventory | — | — | 110.6K | — | — | — | — | — | — | — |
| Total current assets | 3M | 144K | 409K | 355.8M | 364.6M | 473.4M | 4.4M | 16.5M | 14.6M | 16.2M |
| Property, plant & equipment | — | — | 21.5K | 17.5M | 111.7M | 120.3M | — | — | 997.8K | 472K |
| Goodwill & intangibles | — | — | 113.7K | 224.8M | 252.9M | 515.8M | — | 0 | 22.1M | — |
| Total assets | 3M | 215.1K | 487.3K | 559.4M | 664.9M | 913.1M | 4.4M | 16.5M | 15.1M | 17M |
| Accounts payable | 96K | 92.3K | 239.3K | 7M | 6.8M | 3.9M | 111K | 567.3K | 1.1M | 527K |
| Short-term debt | 483.2K | — | — | — | 7.2M | 9.6M | — | — | 71.6K | 163K |
| Total current liabilities | 2.8M | 128.7K | 375.9K | 197.6M | 245.7M | 292.1M | 359.7K | 876.9K | 1.6M | 5.6M |
| Long-term debt | — | 175K | 193.6K | 174.7M | 257.5M | 454.3M | — | 0 | 258.7K | 210K |
| Total liabilities | 2.8M | 303.7K | 569.5K | 376M | 504.5M | 748.5M | 359.7K | 876.9K | 1.9M | 5.8M |
| Shareholders' equity | 230.3K | -88.6K | -82.3K | -464.1M | -517.7M | -616.3M | 4.1M | 15.6M | 13.2M | 11.2M |
| Total debt | 483.2K | 175K | 193.6K | 174.7M | 264.7M | 463.9M | — | 0 | 330.3K | 373K |
| Net debt | 397.7K | 56.8K | -53.3K | 75.1M | 141.3M | 290.3M | — | -16.4M | -13.7M | -5.5M |
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 23 | Q4 23 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q1 26 | Q2 26 | Q3 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 18M | 14M | 14.6M | 9.3M | 5.9M | 3.6M | 2.1M | 6.7M | 73.3M | 68.9M | 74.5M |
| Receivables | 194K | 182.3K | — | — | — | — | — | — | — | — | — |
| Inventory | — | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 18.2M | 14.6M | 21.3M | 16.3M | 16.2M | 15.2M | 10.5M | 15.6M | 78.3M | 74.7M | 80.1M |
| Property, plant & equipment | 49.7K | 997.8K | 559K | 523K | 472K | 428K | 273K | 568K | 168K | 108K | 47K |
| Goodwill & intangibles | 45.5M | 22.1M | — | — | — | — | — | — | — | — | — |
| Total assets | 41.1M | 15.1M | 22.4M | 17.3M | 17M | 16M | 11.1M | 16.2M | 78.7M | 75M | 80.3M |
| Accounts payable | 461.1K | 1.1M | 2M | 1.3M | 527K | 1.5M | 818K | 1M | 1.3M | 1.2M | 1.6M |
| Short-term debt | 21.8K | 71.6K | 169K | 161K | 163K | 190K | 1.6M | 1.6M | 146K | 110K | 72K |
| Total current liabilities | 482.9K | 1.6M | 3.2M | 2.9M | 5.6M | 9.2M | 5.8M | 7.4M | 1.6M | 1.5M | 1.9M |
| Long-term debt | 78.3K | 258.7K | 301K | 248K | 210K | 221K | 2.5M | 104K | 64K | 53K | 42K |
| Total liabilities | 561.2K | 1.9M | 3.5M | 3.1M | 5.8M | 9.5M | 10.1M | 8.8M | 1.7M | 1.6M | 5M |
| Shareholders' equity | 40.5M | 13.2M | 18.9M | 14.1M | 11.2M | 6.6M | 965K | 7.4M | 77M | 73.4M | 75.2M |
| Total debt | 100.1K | 330.3K | 470K | 409K | 373K | 411K | 4.1M | 1.7M | 210K | 163K | 114K |
| Net debt | -17.8M | -13.7M | -14.1M | -8.9M | -5.5M | -3.2M | 2M | -5M | -73.1M | -68.7M | -74.3M |
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 | FY15 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net income | — | — | — | — | — | — | -5.4M | -6.5M | -30.9M | -18.5M |
| Depreciation & amortization | — | — | — | — | — | — | 0 | 0 | 55.8K | 103K |
| Stock-based compensation | — | — | — | — | — | — | 285.8K | 638.7K | 1.4M | 8.9M |
| Change in working capital | — | — | — | — | — | — | 141.5K | 50.3K | 22.5M | -9.8M |
| Operating cash flow | — | — | — | — | — | — | -3.1M | -6.1M | -7.1M | -19.3M |
| Capital expenditure | 6.1K | 730K | -24.4K | -22.2K | -10.9K | 5.7K | 0 | 0 | -200.3K | -277K |
| Investing cash flow | 6.1K | 614.6K | 1.5M | -22.2K | -10.9K | 5.7K | 13.9K | 0 | -200.3K | -277K |
| Dividends paid | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | -69.6K | -2.3K | — | — | — | — | — | — | — | — |
| Financing cash flow | 389.5K | -288.1K | 88.9K | 1.2M | 910.1K | 3.2M | 5.9M | 18M | 5.2M | 0 |
| Net change in cash | 395.6K | 326.5K | 1.6M | 1.2M | 899.3K | 3.2M | 2.8M | 11.9M | -2.1M | -19.5M |
| Free cash flow | -574K | -365K | -1.3M | -1.3M | -970.1K | -1.7M | -3.3M | -5.6M | -7M | -16.1M |
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 | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 | Q3 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income | — | -726K | -5.2M | -6M | -6.5M | -5.4M | -5.9M | -4M | — | -6.4M | -6.5M | -3.9M |
| Depreciation & amortization | — | 12K | 12K | 17K | 62K | 64K | 126K | -5K | — | 66K | 59K | 65K |
| Stock-based compensation | — | 201K | 3.3M | 2.1M | 3.3M | 459K | 435K | 417K | — | 2.6M | 2.3M | 1.5M |
| Change in working capital | — | -4M | 4.5M | — | — | -839K | 3.5M | -419K | — | -364K | -558K | -186K |
| Operating cash flow | — | -4.5M | 2.5M | -3.9M | -3.1M | -5.7M | -468K | -4M | -528K | -9.2M | -4.6M | -2.5M |
| Capital expenditure | -200.1K | -140.1K | -59K | 6K | -3K | 0 | -8K | 0 | — | — | — | — |
| Investing cash flow | -199.9K | -140.1K | -59K | 6K | -3K | 0 | -8K | 0 | — | -40K | 0 | -13K |
| Dividends paid | 0 | 0 | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | -1.1M |
| Financing cash flow | 5.2M | 0 | 0 | 0 | 0 | -52K | -2.8M | 7.9M | — | 67.2M | 2.1M | 5M |
| Net change in cash | 5M | -4.7M | 2.5M | -3.9M | -3.1M | -5.7M | -3.3M | 3.8M | -528K | 58M | -2.5M | 2.5M |
| Free cash flow | -6.9M | -3.8M | -2.2M | -4.3M | -3.6M | -2.2M | -5.6M | -3.2M | — | -9.2M | -4.6M | -2.5M |