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 | — | — | — | — | $233K | — |
| FY24 | — | — | — | — | $202K | — |
| FY23 | — | — | — | — | $1.5M | — |
| FY22 | — | — | — | — | $3.6M | — |
| FY21 | — | — | — | — | $3M | — |
| FY20 | — | — | — | — | $1.6M | — |
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 | $1.6M | $3M | $3.6M | $1.5M | $202K | $233K |
| YoY change | — | +90.4% | +21.3% | -59.9% | -86.2% | +15.3% |
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 | Q3 24 |
|---|
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 | 1.6M | 3M | 3.6M | 1.5M | 202K | 233K |
| Cost of revenue | 808K | 3.6M | 8.7M | 15.3M | 778K | 554K |
| Gross profit | 771K | -630K | -5.1M | -13.9M | -576K | -321K |
| Gross margin | 48.8% | -21% | -139.4% | -946.4% | -285.1% | -137.8% |
| Research & development | 17.1M | 26.5M | 37.6M | 26.2M | 16.4M | 13.9M |
| Selling, general & administrative | 10.1M | 36.1M | 56.1M | 37.8M | 18.9M | 17.5M |
| Operating expenses | 27.3M | 62.6M | 93.7M | 63.9M | 35.3M | 31.4M |
| Operating income | -26.5M | -63.2M | -98.8M | -77.8M | -35.9M | -31.7M |
| Operating margin | -1.7K% | -2.1K% | -2.7K% | -5.3K% | -17.8K% | -13.6K% |
| Non-operating income, net | 1.4M | 2.5M | -91K | -11M | — | -2.2M |
| Pretax income | -26.6M | -65M | -98.7M | -87.1M | -35.5M | -33.9M |
| Income tax | 0 | 0 | 58K | 57K | -2K | 11K |
| Net income | -26.6M | -65M | -98.7M | -87.1M | -35.5M | -34M |
| Net margin | -1.7K% | -2.2K% | -2.7K% | -6K% | -17.6K% | -14.6K% |
| EBITDA | -25.6M | -64M | -96.4M | -65.3M | -35.7M | -29.3M |
| 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 | 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 | 188K | 69K | 20K | 32K | 104K | 46K | 64K | 22K | 50K | 97K | 101K | 202K |
| Cost of revenue | 4.5M | 6.7M | 263K | 160K | 306K | 49K | 96K | 108K | 103K | 247K | 201K | 363K |
| Gross profit | -4.3M | -6.6M | -243K | -128K | -202K | -3K | -32K | -86K | -53K | -150K | -100K | -161K |
| Gross margin | -2.3K% | -9.6K% | -1.2K% | -400% | -194.2% | -6.52% | -50% | -390.9% | -106% | -154.6% | -99% | -79.7% |
| Research & development | 5.7M | 5.2M | 4.5M | 3.8M | 3.8M | 4.3M | 3.5M | 3.7M | 3.1M | 3.7M | 3.8M | 4.7M |
| Selling, general & administrative | 7.3M | 6.7M | 6M | 4.3M | 3.9M | 4.7M | 3.3M | 4.9M | 4.7M | 4.5M | 5.2M | 5.9M |
| Operating expenses | 12.9M | 11.9M | 10.5M | 8.1M | 7.6M | 9M | 6.8M | 8.6M | 7.8M | 8.3M | 8.9M | 10.6M |
| Operating income | -17.2M | -18.5M | -10.7M | -8.3M | -7.8M | -9M | -6.8M | -8.7M | -7.8M | -8.4M | -9M | -10.8M |
| Operating margin | -9.2K% | -26.8K% | -53.7K% | -25.9K% | -7.5K% | -19.6K% | -10.6K% | -39.6K% | -15.7K% | -8.7K% | -8.9K% | -5.3K% |
| Non-operating income, net | -139K | -9.9M | 2K | -15K | 9K | — | 680K | -593K | -2.2M | -112K | 89K | 139K |
| Pretax income | -17M | -27.8M | -10.2M | -8M | -8.7M | -8.6M | -8M | -9.3M | -9.3M | -7.3M | -8.3M | -10M |
| Income tax | 5K | 14K | 2K | 0 | 0 | -4K | 2K | 0 | 0 | 9K | 2K | 0 |
| Net income | -17M | -27.8M | -10.2M | -8M | -8.7M | -8.5M | -8M | -9.3M | -9.3M | -7.3M | -8.3M | -10M |
| Net margin | -9.1K% | -40.3K% | -51.1K% | -25K% | -8.4K% | -18.6K% | -12.5K% | -42.1K% | -18.7K% | -7.6K% | -8.3K% | -5K% |
| EBITDA | -16.8M | -8.1M | -10.7M | -7.9M | -7.8M | -8.9M | -7.4M | -8.1M | -5.6M | -8.2M | -9.1M | -10.8M |
| 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 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| Market cap | — | — | — | — | — | — | — | — | 0 |
| Enterprise value | — | — | — | — | — | — | — | — | -42.7M |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| P/S | — | — | — | — | — | — | — | — | 0 |
| P/B | — | — | — | — | — | — | — | — | 0 |
| EV/EBITDA | — | — | — | — | — | — | — | — | 1.46 |
| EV/Sales | — | — | — | — | — | — | — | — | -183.3 |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| Gross margin | — | — | 48.8% | -21% | -139.4% | -946.4% | -285.1% | -137.8% | -79.7% |
| Operating margin | — | — | -1.7K% | -2.1K% | -2.7K% | -5.3K% | -17.8K% | -13.6K% | -5.3K% |
| Net margin | — | — | -1.7K% | -2.2K% | -2.7K% | -6K% | -17.6K% | -14.6K% | -137.8% |
| ROE | — | — | 145.7% | -38.5% | -105% | -300.2% | -234.5% | -41.7% | -89.3% |
| ROA | — | — | -102.6% | -34.9% | -74% | -160.4% | -130.8% | -37.4% | -45.6% |
| ROIC | — | — | -2.3K% | -1.3K% | -359.3% | -796.3% | 1.2K% | 711.2% | 2.1K% |
| Return on tangible assets | — | — | -102.6% | -34.9% | -74% | -160.4% | -130.8% | -37.4% | -45.8% |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| Current ratio | — | — | 0.52 | 13.1 | 4.68 | 3.96 | 2.23 | 10.5 | 10.8 |
| Quick ratio | — | — | 0.45 | 12.8 | 4.48 | 3.91 | 2.21 | 10.3 | 10.7 |
| Debt / equity | — | — | -1.9 | 0 | 0.3 | 0.6 | 0.28 | 0.01 | 0.02 |
| Debt / assets | — | — | 1.34 | 0 | 0.21 | 0.32 | 0.16 | 0.01 | 0.02 |
| Net debt / EBITDA | — | — | -0.76 | 2.56 | 0.69 | 0.29 | 0.51 | 2.92 | 2.08 |
| Interest coverage | — | — | -17.9 | -24.5 | -125.8 | — | — | — | — |
| Effective tax rate | — | — | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| Revenue per share | — | — | — | — | — | — | — | — | 0.01 |
| EPS (diluted) | — | — | — | — | — | — | — | — | -3.22 |
| Book value per share | — | — | — | — | — | — | — | — | 1.47 |
| FCF per share | — | — | — | — | — | — | — | — | -0.44 |
| Cash per share | — | — | — | — | — | — | — | — | 1.54 |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| Capex / revenue | — | — | 255.6% | 34% | 115.2% | 113.9% | 218.3% | — | — |
| Capex / operating cash flow | — | — | -17.1% | -1.81% | -5.8% | -2.44% | -1.74% | — | — |
| Dividend yield | — | — | — | — | — | — | — | — | 13.1K% |
Split-adjusted payout per share by ex-dividend date.
| Ex-dividend | Amount |
|---|---|
| Nov 27, 2017 | $0.085 |
| Date | Ratio |
|---|---|
| Jul 1, 2004 | 2:1 |
| Q4 24 |
|---|
| Q1 25 |
|---|
| Q2 25 |
|---|
| Q3 25 |
|---|
| Q4 25 |
|---|
| Q1 26 |
|---|
| Q2 26 |
|---|
| Revenue | $188K | $69K | $20K | $32K | $104K | $46K | $64K | $22K | $50K | $97K | $101K | $202K |
| YoY change | -75.5% | -93.7% | -96.9% | -94.4% | -44.7% | -33.3% | +220% | -31.3% | -51.9% | +110.9% | +57.8% | +818.2% |
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 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 1.8B | 2B | 15.3M | 164M | 94.2M | 36.5M | 22.3M | 86.5M |
| Receivables | 5.8B | 5.7B | 156K | 4.2M | 617K | 131K | 11K | 77K |
| Inventory | 4.7B | 4.4B | 2.7M | 4.1M | 4.6M | 583K | 176K | 1M |
| Total current assets | 13.8B | 13.5B | 19.5M | 177.4M | 105.5M | 39.8M | 25.2M | 89.6M |
| Property, plant & equipment | 3.7B | 4.1B | 4.9M | 5.1M | 23.2M | 11.5M | 1.3M | 1M |
| Goodwill & intangibles | 77.8B | 72.2B | — | — | — | — | — | — |
| Total assets | 60.7B | 57.5B | 25.9M | 186.2M | 133.3M | 54.3M | 27.1M | 90.9M |
| Accounts payable | 1.9B | 1.7B | 1.8M | 2.5M | 3.2M | 3.4M | 3.6M | 3.6M |
| Short-term debt | 2.2B | 2.3B | 31.8M | — | 11M | 2.4M | 3.6M | 275K |
| Total current liabilities | 4.9B | 5B | 37.6M | 13.6M | 22.6M | 10M | 11.3M | 8.6M |
| Long-term debt | 26.7B | 25B | 2.9M | 0 | 16.7M | 14.9M | 625K | 381K |
| Total liabilities | 35B | 35.2B | 44.1M | 17.4M | 39.4M | 25.3M | 12M | 9.6M |
| Shareholders' equity | -8.4B | -9.2B | -18.2M | 168.8M | 94M | 29M | 15.1M | 81.3M |
| Total debt | 28.9B | 27.3B | 34.7M | 0 | 27.7M | 17.3M | 4.2M | 656K |
| Net debt | 27.1B | 25.4B | 19.4M | -14.2M | 8.7M | 341K | -6.1M | -42.7M |
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 | 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 | 45.9M | 36.5M | 28.9M | 28M | 22.4M | 22.3M | 25.9M | 19.2M | 84.3M | 86.5M | 77.2M | 71.5M |
| Receivables | 238K | 131K | 67K | 7K | 76K | 11K | 6K | 27K | 56K | 77K | 96K | 216K |
| Inventory | 4.9M | 583K | 557K | 382K | 258K | 176K | 101K | 232K | 884K | 1M | 963K | 1M |
| Total current assets | 55.5M | 39.8M | 31.3M | 30.2M | 24.3M | 25.2M | 27M | 20.4M | 86.2M | 89.6M | 79.7M | 74.3M |
| Property, plant & equipment | 22.2M | 11.5M | 11.2M | 11M | 1.3M | 1.3M | 1.2M | 1.1M | 1M | 1M | 2.2M | 2.1M |
| Goodwill & intangibles | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | 80.9M | 54.3M | 45.4M | 44M | 26.4M | 27.1M | 28.8M | 22.1M | 87.5M | 90.9M | 82.1M | 76.6M |
| Accounts payable | 4.7M | 3.4M | 3.8M | 3.7M | 3.7M | 3.6M | 3.9M | 5.5M | 4.5M | 3.6M | 3.8M | 3.8M |
| Short-term debt | — | 2.4M | — | — | 3.4M | 3.6M | 5.1M | 2.6M | 379K | 275K | 495K | 539K |
| Total current liabilities | 12M | 10M | 9M | 8.9M | 10.7M | 11.3M | 10.8M | 10.6M | 8.1M | 8.6M | 6.2M | 6.9M |
| Long-term debt | 15.5M | 14.9M | 14.5M | 14.2M | 683K | 625K | 566K | 507K | 445K | 381K | 1.1M | 949K |
| Total liabilities | 27.5M | 25.3M | 23.5M | 23.2M | 11.5M | 12M | 11.8M | 11.9M | 9.4M | 9.6M | 7.8M | 8.3M |
| Shareholders' equity | 53.3M | 29M | 21.9M | 20.8M | 14.9M | 15.1M | 17M | 10.2M | 78.2M | 81.3M | 74.2M | 68.3M |
| Total debt | 15.5M | 17.3M | 14.5M | 14.2M | 4M | 4.2M | 5.7M | 3.1M | 824K | 656K | 1.6M | 1.5M |
| Net debt | -21.7M | 341K | 4.9M | 3M | -1.8M | -6.1M | 429K | 684K | -42.2M | -42.7M | -43.6M | -9.7M |
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 | -26.6M | -65M | -98.7M | -87.1M | -35.5M | -34M |
| Depreciation & amortization | 922K | 1M | 1.4M | 1.5M | 129K | 155K |
| Stock-based compensation | 2M | 10M | 24M | 18.1M | 9M | 5.5M |
| Change in working capital | -817K | -5.9M | -935K | -3.6M | -599K | -732K |
| Operating cash flow | -23.5M | -56.5M | -72.5M | -68.3M | -25.3M | -27.8M |
| Capital expenditure | -4M | -1M | -4.2M | -1.7M | -441K | — |
| Investing cash flow | -4M | -151.5M | 68.5M | 55.4M | 7.7M | -30.7M |
| Dividends paid | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — |
| Financing cash flow | 31.4M | 208.4M | 15.9M | -13.8M | 9.8M | 88.8M |
| Net change in cash | 3.8M | 351K | 11.9M | -26.7M | -7.7M | 30.3M |
| Free cash flow | -23.7M | -56.7M | -75.8M | -52.7M | -27.1M | -27.9M |
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 | 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 | -17M | -27.8M | -10.2M | -8M | -8.7M | -8.5M | -8M | -9.3M | -9.3M | -7.3M | -8.3M | -10M |
| Depreciation & amortization | 332K | 549K | 29K | 27K | 24K | 49K | 37K | 38K | 38K | 42K | 40K | 55K |
| Stock-based compensation | 4.1M | 3.4M | 3M | 1.7M | 2.2M | 2M | 2.5M | 1.2M | 1.1M | 790K | 1.5M | 2.4M |
| Change in working capital | 2.9M | -817K | -281K | -418K | -47K | 108K | 254K | -23K | -1.4M | 425K | 170K | -298K |
| Operating cash flow | -9.4M | -23M | -7.1M | -6.3M | -5.8M | -6.1M | -4.8M | -6.4M | -6.1M | -7.5M | -8.6M | -7.3M |
| Capital expenditure | -466K | -490K | -87K | -147K | -141K | -66K | -6K | — | — | — | — | — |
| Investing cash flow | 31.3M | -11.1M | 368K | 2.6M | 147K | 4.6M | -8.6M | 3.9M | -24.4M | -1.6M | 10.9M | -28.1M |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | -2.6M | -136K | 120K | 5.3M | 58K | 4.5M | 11.4M | 268K | 72.2M | 6.5M | -352K | 1.5M |
| Net change in cash | 19.3M | -34.2M | -6.6M | 1.6M | -5.6M | 3M | -2M | -2.2M | 41.6M | -2.6M | 2M | -33.9M |
| Free cash flow | -9.7M | -9.7M | -8M | -6.5M | -7.8M | -4.9M | -7.8M | -6.4M | -6.1M | -7.6M | -8.7M | -7.4M |