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 | -$0.65 | -$0.62 | +4.6% | — | — | — |
| Q2 26 | -$0.9 | -$0.46 | +48.9% | — | — | — |
| Q1 26 | -$0.51 | -$0.61 | -19.6% | — | — | — |
| Q4 25 | -$0.4 | -$0.48 | -20.0% | — | — | — |
| Q3 25 | -$0.48 | -$0.35 | +27.1% | — | — | — |
| Q2 25 | -$0.57 | -$0.38 | +33.3% | — | — | — |
| Q1 25 | -$0.42 | -$2.75 | -554.8% | — | $0 | — |
| Q3 24 | -$1.17 | -$1.85 | -58.1% | — | $0 | — |
| Q2 24 | -$0.47 | -$0.5 | -6.4% | — | $0 | — |
| Q1 24 | -$0.85 | -$0.5 | +41.2% | — | $0 | — |
| Q4 23 | -$0.85 | -$0.6 | +29.4% | — | $0 | — |
| Q3 23 | -$0.95 | -$0.7 | +26.3% | — | $0 | — |
| Q2 23 | -$0.95 | -$0.8 | +15.8% | — | $0 | — |
| Q1 23 | -$1.08 | -$0.95 | +12.0% | — | $0 | — |
| Q4 22 | -$1.02 | -$1.15 | -12.7% | — | $0 | — |
| Q3 22 | -$1.07 | -$0.95 | +11.2% | — | $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 | — | -$1.85 | — | — | $0 | — |
| FY24 | — | -$4.11 | — | — | $0 | — |
| FY23 | — | -$3.05 | — | — | $0 | — |
| FY22 | — | -$4.15 | — | — | $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 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| YoY change | — | 0% | 0% | 0% | 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.
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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost of revenue | — | — | — | — | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — | — | — | — | — |
| Gross margin | — | — | — | — | — | — | — | — | — | — |
| Research & development | 280.4K | 15.4M | 1.8M | 2M | 4.1M | 6.5M | 7.6M | 5.6M | 13M | 9.9M |
| Selling, general & administrative | 912.5K | 1.2M | 1.6M | 2.4M | 2.4M | 2.6M | 2.9M | 3.2M | 3.2M | 6.8M |
| Operating expenses | 1.2M | 16.6M | 3.3M | 4.3M | 6.5M | 9.1M | 10.5M | 8.8M | 16.2M | 16.7M |
| Operating income | -1.2M | -16.6M | -3.3M | -4.3M | -6.5M | -9.1M | -10.5M | -8.8M | -16.2M | -16.7M |
| Operating margin | — | — | — | — | — | — | — | — | — | — |
| Non-operating income, net | — | — | — | — | 122.4K | — | — | — | 171.3K | — |
| Pretax income | -1.2M | -16.6M | -3.2M | -4.2M | -6.3M | -9.1M | -10.5M | -8.4M | -15.6M | -13.7M |
| Income tax | — | 0 | -71.6K | — | — | — | — | — | — | — |
| Net income | -1.2M | -16.6M | -3.2M | -4.2M | -6.3M | -9.1M | -10.5M | -8.4M | -15.6M | -13.7M |
| Net margin | — | — | — | — | — | — | — | — | — | — |
| EBITDA | -1.2M | -16.6M | -3.3M | -4.3M | -6.6M | -9.1M | -10.5M | -8.8M | -16.2M | -16.7M |
| EPS | -0.57 | -7.94 | -1.55 | -2.25 | -2.9 | -3.65 | -4.15 | -3.05 | -4.11 | -1.85 |
| Diluted EPS | -0.57 | -7.94 | -1.55 | -2.25 | -2.9 | -3.65 | -4.15 | -3.05 | -4.11 | -1.85 |
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 | 1.3M | 1M | 966.1K | 1.1M | 984.3K | 9.9M | 1.6M | 1.7M | 2.6M | 3.9M | 3.5M | 4.8M |
| Selling, general & administrative | 749.5K | 876.4K | 757.3K | 657.8K | 590.6K | 1.2M | 1.6M | 1.5M | 1.5M | 2.2M | 1.7M | 1.9M |
| Operating expenses | 2.1M | 1.9M | 1.7M | 1.8M | 1.6M | 11.1M | 3.2M | 3.2M | 4.1M | 6.2M | 5.2M | 6.6M |
| Operating income | -2.1M | -1.9M | -1.7M | -1.8M | -1.6M | -11.1M | -3.2M | -3.2M | -4.1M | -6.2M | -5.2M | -6.6M |
| Operating margin | — | — | — | — | — | — | — | — | — | — | — | — |
| Non-operating income, net | — | — | — | — | 171.3K | 0 | — | — | — | — | — | 32.2K |
| Pretax income | -2M | -1.8M | -1.6M | -1.7M | -1.3M | -10.9M | -2.6M | -2.5M | -3.4M | -5.2M | -3.9M | -5.3M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — |
| Net income | -2M | -1.8M | -1.6M | -1.7M | -1.3M | -10.9M | -2.6M | -2.5M | -3.4M | -5.2M | -3.9M | -5.3M |
| Net margin | — | — | — | — | — | — | — | — | — | — | — | — |
| EBITDA | -2.1M | -1.9M | -1.7M | -1.8M | -1.6M | -11.1M | -3.2M | -3.2M | -4.1M | -6.2M | -5.2M | -6.6M |
| EPS | -0.69 | — | -0.5 | -0.5 | -0.37 | — | -0.38 | -0.35 | -0.48 | — | -0.46 | -0.62 |
| Diluted EPS | -0.69 | — | -0.5 | -0.5 | -0.37 | — | -0.38 | -0.35 | -0.48 | — | -0.46 | -0.62 |
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 | — | — | — | — | — | — | 30.1M | 4.7M | — | — | 561.9M |
| Enterprise value | — | — | — | — | — | — | 17M | -2.6M | — | — | 438M |
| Shares outstanding | 2.1M | 2.1M | 2.1M | 1.9M | 2.2M | 2.5M | 2.5M | 2.8M | 3.8M | 7.4M | 7.4M |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | — | — | — | — | -45.1 |
| P/B | — | — | — | — | — | — | 2.99 | 0.84 | — | — | 4.26 |
| EV/EBITDA | — | — | — | — | — | — | -1.62 | 0.29 | — | — | -26.2 |
| Earnings yield | — | — | — | — | — | — | — | — | — | — | -2.22% |
| FCF yield | — | — | — | — | — | — | -24% | -167.2% | — | — | -1.09% |
| PEG | — | — | — | — | — | — | — | — | — | — | -0.58 |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | — | — | — | — | — | — | 0% |
| Net margin | — | — | — | — | — | — | — | — | — | — | 0% |
| ROE | -41.9% | -172.1% | -46.7% | -33.5% | -40.2% | -48.1% | -104.2% | -150.4% | -28.3% | -9.95% | -19.5% |
| ROA | -40.9% | -166.7% | -44.1% | -31.6% | -37.4% | -44.4% | -79.5% | -114.4% | -25.9% | -9.75% | -14.6% |
| ROIC | — | -2.6K% | -13K% | — | — | — | — | — | — | — | — |
| Return on tangible assets | -40.9% | -166.7% | -44.1% | -31.6% | -37.4% | -44.4% | -79.5% | -114.4% | -25.9% | -9.75% | -13.2% |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current ratio | 32.5 | 29.3 | 18.2 | 18.3 | 14.3 | 13 | 4.21 | 4.17 | 11.5 | 51.4 | 33.6 |
| Quick ratio | 32.5 | 29.3 | 18.2 | 18.3 | 14.3 | 13 | 4.21 | 4.17 | 11.5 | 51.4 | 33.6 |
| Debt / equity | — | — | — | — | — | 0 | 0 | 0 | — | 0 | 0 |
| Debt / assets | — | — | — | — | — | 0 | 0 | 0 | — | 0 | 0 |
| Net debt / EBITDA | — | — | — | — | — | 2.22 | 1.24 | 0.82 | — | 8.4 | 6.07 |
| Effective tax rate | — | 0% | 0% | — | — | — | — | — | — | — | — |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue per share | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (basic) | -0.57 | -7.94 | -1.55 | -2.25 | -2.9 | -3.65 | -4.15 | -3.05 | -4.11 | -1.85 | -1.85 |
| EPS (diluted) | -0.57 | -7.94 | -1.55 | -2.25 | -2.9 | -3.65 | -4.15 | -3.05 | -4.11 | -1.85 | -2.2 |
| Book value per share | 1.36 | 4.62 | 3.32 | 6.77 | 7.16 | 7.59 | 3.97 | 2.02 | 14.5 | 18.6 | 19.5 |
| FCF per share | -0.57 | -1.26 | -1.29 | -1.62 | -2.13 | -2.93 | -2.84 | -2.84 | -1.69 | -1.65 | -1.43 |
| Cash per share | 0.99 | 4.31 | 3.31 | 7.09 | 7.64 | 8.14 | 5.16 | 2.63 | 15.9 | 18.9 | 20 |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Payout ratio | — | — | — | — | — | — | — | — | — | — | 0% |
| FY21 | — | -$3.65 | — | — | $0 | — |
| FY20 | — | -$2.9 | — | — | $0 | — |
| FY19 | — | -$2.25 | — | — | $0 | — |
| FY18 | — | -$1.55 | — | — | $0 | — |
| FY17 | — | -$7.94 | — | — | $0 | — |
| FY16 | — | -$0.57 | — | — | $0 | — |
| 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 |
| 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 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 2.1M | 9M | 6.9M | 13.2M | 16.7M | 20.3M | 13.1M | 7.3M | 60.2M | 140.4M |
| Receivables | — | — | — | — | — | — | — | — | — | — |
| Inventory | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 2.1M | 9.1M | 7.3M | 13.2M | 16.8M | 20.5M | 13.2M | 7.3M | 60.3M | 140.5M |
| Property, plant & equipment | — | — | — | — | — | — | 61.2K | 0 | — | 254.9K |
| Goodwill & intangibles | — | — | — | — | — | — | — | — | — | — |
| Total assets | 2.9M | 9.9M | 7.3M | 13.4M | 16.9M | 20.5M | 13.2M | 7.3M | 60.3M | 140.7M |
| Accounts payable | 64.5K | 311.9K | 399.6K | 724.2K | 1.2M | 1.6M | 3.1M | — | 2.3M | 2.7M |
| Short-term debt | — | — | — | — | — | — | — | — | — | — |
| Total current liabilities | 64.5K | 311.9K | 399.6K | 724.2K | 1.2M | 1.6M | 3.1M | 1.8M | 5.3M | 2.7M |
| Long-term debt | — | — | — | — | — | 0 | 8.4K | 0 | — | 154.9K |
| Total liabilities | 64.5K | 311.9K | 399.6K | 724.2K | 1.2M | 1.6M | 3.1M | 1.8M | 5.3M | 2.9M |
| Shareholders' equity | 2.8M | 9.6M | 6.9M | 12.6M | 15.7M | 18.9M | 10.1M | 5.6M | 55M | 137.8M |
| Total debt | — | — | — | — | — | 0 | 8.4K | 0 | — | 154.9K |
| Net debt | — | — | — | — | — | -20.3M | -8.2M | -7.3M | — | -61.7M |
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 | 8.5M | 7.3M | 8.8M | 7.1M | 6M | 60.2M | 54.6M | 53.3M | 143.7M | 140.4M | 137.5M | 134.3M |
| Receivables | — | — | — | — | — | — | — | — | — | — | — | — |
| Inventory | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 8.6M | 7.3M | 8.9M | 7.2M | 6.1M | 60.3M | 55.1M | 53.7M | 144.1M | 140.5M | 137.7M | 134.8M |
| Property, plant & equipment | 25.1K | 0 | 0 | 0 | 0 | — | 9.1K | 118.2K | 106.7K | 254.9K | 239.9K | 215.1K |
| Goodwill & intangibles | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | 8.6M | 7.3M | 8.9M | 7.2M | 6.1M | 60.3M | 55.1M | 53.9M | 144.2M | 140.7M | 138M | 135M |
| Accounts payable | 2M | — | — | — | — | 2.3M | 1.5M | 1.6M | 2.6M | 2.7M | 2.5M | 4M |
| Short-term debt | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current liabilities | 2M | 1.8M | 1.4M | 1.1M | 1.1M | 5.3M | 1.5M | 1.6M | 2.6M | 2.7M | 2.5M | 4M |
| Long-term debt | 0 | 0 | — | — | — | — | — | 80.4K | 70.9K | 154.9K | 131.6K | 107.8K |
| Total liabilities | 2M | 1.8M | 1.4M | 1.1M | 1.1M | 5.3M | 1.5M | 1.7M | 2.6M | 2.9M | 2.6M | 4.1M |
| Shareholders' equity | 6.6M | 5.6M | 7.5M | 6.1M | 4.9M | 55M | 53.6M | 52.2M | 141.6M | 137.8M | 135.4M | 130.9M |
| Total debt | 0 | 0 | — | — | — | — | — | 80.4K | 70.9K | 154.9K | 131.6K | 107.8K |
| Net debt | -5.5M | -7.3M | — | — | — | — | — | -39.4M | -127.6M | -61.7M | -52.4M | -52.6M |
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 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net income | -1.2M | -16.6M | -3.2M | -4.2M | -6.3M | -9.1M | -10.5M | -8.4M | -15.6M | -13.7M |
| Depreciation & amortization | — | — | — | — | — | — | — | — | — | — |
| Stock-based compensation | 0 | 305.2K | 529.3K | 1M | 1.3M | 1.5M | 1.6M | 1.9M | 1.1M | 4.8M |
| Change in working capital | -9.3K | 247.4K | -47.6K | 139.4K | 443.8K | 317.8K | 1.6M | -1.4M | 489.2K | 394.2K |
| Operating cash flow | -1.2M | -2.5M | -2.7M | -3.1M | -4.7M | -7.3M | -7.2M | -7.9M | -9.4M | -12.2M |
| Capital expenditure | — | — | — | — | — | — | — | — | — | — |
| Investing cash flow | — | — | — | — | — | 0 | -4.9M | 4.9M | -14.3M | -63.5M |
| Dividends paid | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | -35M |
| Financing cash flow | 1.3M | 9.5M | -206.3K | 9.2M | 8.2M | 10.9M | 32.7K | 2M | 59.3M | 91M |
| Net change in cash | 67.6K | 7M | -3M | 6.2M | 3.5M | 3.5M | -12.1M | -903.3K | 35.5M | 15.4M |
| Free cash flow | -1.2M | -2.6M | -2.7M | -3M | -4.7M | -7.3M | -7.2M | -7.9M | -6.4M | -12.2M |
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 | -2M | -1.8M | -1.6M | -1.7M | -1.3M | -10.9M | -2.6M | -2.5M | -3.4M | -5.2M | -3.9M | -5.3M |
| Depreciation & amortization | — | — | — | — | — | — | — | — | — | — | — | — |
| Stock-based compensation | 474.1K | 474.2K | 328.7K | 334.4K | 199.1K | 278.6K | 1.4M | 1.3M | 1.1M | 1.1M | 1.7M | 1.4M |
| Change in working capital | -460.2K | -206.2K | -342.9K | -295.9K | 31.7K | 1.1M | -1.4M | -22.9K | 33.8K | 1.4M | -474.2K | 1.3M |
| Operating cash flow | -1.9M | -1.5M | -1.7M | -1.7M | -1.1M | -9.6M | -2.7M | -1.1M | -2.1M | -3.4M | -3.5M | -3.2M |
| Capital expenditure | — | — | — | — | — | — | — | — | — | — | — | — |
| Investing cash flow | -13.1K | 3M | -983.3K | -2.4K | 985.7K | -14.3M | -325.8K | 1.2M | -2.1M | -62.2M | -5.6M | 4.1M |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | 0 | — | — |
| Financing cash flow | 246.7K | 334.5K | 3.2M | -10K | -16.5K | 56.1M | -131.1K | -321.6K | 127.4M | -929.5K | -200.2K | -655K |
| Net change in cash | -1.7M | 1.8M | 543.2K | -1.7M | -104.3K | 32.2M | -3.1M | -211.6K | 123.2M | -66.5M | -9.3M | 213.1K |
| Free cash flow | -1.9M | -1.5M | -1.7M | -1.7M | -1.1M | -2M | -5.7M | -1.1M | -2.1M | -3.4M | -3.5M | -3.2M |