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 25 | -$3.6 | -$3.9 | -8.3% | — | $0 | — |
| Q2 25 | -$3.3 | -$4.2 | -27.3% | — | $0 | — |
| Q1 25 | -$5.55 | -$3.6 | +35.1% | — | $0 | — |
| Q4 24 | -$0.17 | -$0.14 | +17.6% | — | $0 | — |
| Q3 24 | -$5.25 | -$6.9 | -31.4% | — | $0 | — |
| Q2 24 | -$0.21 | -$0.19 | +9.5% | — | $0 | — |
| Q1 24 | -$11.7 | -$6.6 | +43.6% | — | $0 | — |
| Q4 23 | -$0.34 | -$0.33 | +2.9% | — | $0 | — |
| Q3 23 | -$0.35 | -$0.31 | +11.4% | — | $0 | — |
| Q2 23 | -$0.39 | -$0.32 | +17.9% | — | $0 | — |
| Q1 23 | -$0.4 | -$0.33 | +17.5% | — | $0 | — |
| Q4 22 | -$12.9 | -$15.6 | -20.9% | — | $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 % |
|---|---|---|---|---|---|---|
| FY26 | — | -$12.4 | — | — | $0 | — |
| FY25 | — | -$15.3 | — | — | $0 | — |
| FY24 | — | -$0.78 | — | — | $0 | — |
| FY23 | — | -$1.15 | — | — | $0 | — |
| FY22 |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| YoY change | 0% | 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 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost of revenue | — | — | — | — | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — | — | — | — | — |
| Gross margin | — | — | — | — | — | — | — | — | — | — |
| Research & development | — | 332.6K | 1.9M | 3M | 4.1M | 7.7M | 9.1M | 12.9M | 14.7M | 20M |
| Selling, general & administrative | 91.1K | 331.7K | 695K | 2.3M | 3.3M | 7.2M | 4.8M | 4.6M | 4.4M | 7.6M |
| Operating expenses | 91.1K | 664.3K | 2.6M | 5.3M | 7.3M | 14.9M | 13.9M | 17.5M | 19M | 27.6M |
| Operating income | -91.1K | -666.2K | -2.6M | -5.3M | -7.3M | -14.9M | -13.9M | -17.5M | -19M | -27.6M |
| Operating margin | — | — | — | — | — | — | — | — | — | — |
| Non-operating income, net | — | — | — | — | 130 | -952.5K | 1K | 61K | 226K | -680K |
| Pretax income | -106.6K | -657.6K | -2.5M | -5.3M | -7.4M | -18.6M | -13.9M | -17.5M | -18.8M | -28.2M |
| Income tax | 0 | 1.6K | 1.6K | 1.6K | 1.6K | 1.6K | 2K | 2K | 2K | 2K |
| Net income | -106.6K | -659.2K | -2.5M | -5.3M | -7.4M | -18.6M | -13.9M | -17.5M | -18.8M | -28.2M |
| Net margin | — | — | — | — | — | — | — | — | — | — |
| EBITDA | -91.1K | -664.3K | -2.6M | -5.3M | -7.2M | -14.4M | -13.7M | -17.1M | -18M | -25.1M |
| EPS | -0.09 | -0.15 | -0.45 | -0.9 | -1.2 | -2.74 | -1.15 | -0.78 | -15.3 | -12.4 |
| Diluted EPS | -0.09 | -0.15 | -0.45 | -0.9 | -1.2 | -2.74 | -1.15 | -0.78 | -15.3 | -12.4 |
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 | Q3 26 | Q4 26 | Q1 27 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost of revenue | — | — | — | — | — | — | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — | — | — | — | — | — | — |
| Gross margin | — | — | — | — | — | — | — | — | — | — | — | — |
| Research & development | 3.2M | 3.6M | 3.7M | 3.2M | 3.7M | 3.9M | 3.9M | 5.1M | 5.6M | 5.4M | 3.8M | 4.4M |
| Selling, general & administrative | 1M | 1.6M | 643K | 1M | 1.3M | 1M | 1M | 1.7M | 2.2M | 1.8M | 1.8M | 2.2M |
| Operating expenses | 4.2M | 5.3M | 4.3M | 4.2M | 5M | 4.9M | 5M | 6.8M | 7.8M | 7.2M | 5.7M | 6.5M |
| Operating income | -4.2M | -5.3M | -4.3M | -4.2M | -5M | -4.9M | -5M | -6.8M | -7.8M | -7.2M | -5.7M | -6.5M |
| Operating margin | — | — | — | — | — | — | — | — | — | — | — | — |
| Non-operating income, net | 9K | — | 38K | 83K | 42K | 50K | 51K | 102K | 41K | -116K | -707K | 52K |
| Pretax income | -4.2M | -5.3M | -4.3M | -4.1M | -5M | -4.8M | -4.9M | -6.7M | -7.8M | -7.4M | -6.4M | -6.5M |
| Income tax | 2K | 0 | 0 | — | 2K | 0 | 0 | — | 2K | 0 | 0 | — |
| Net income | -4.2M | -5.3M | -4.3M | -4.1M | -5M | -4.8M | -4.9M | -6.7M | -7.8M | -7.4M | -6.4M | -6.5M |
| Net margin | — | — | — | — | — | — | — | — | — | — | — | — |
| EBITDA | -4.1M | -5.1M | -4.2M | -4M | -4.7M | -4.6M | -4.7M | -6.4M | -7.4M | -6.7M | -4.5M | -6M |
| EPS | -0.19 | -0.23 | — | -0.12 | -0.14 | -0.13 | — | -3.6 | -4.2 | -3.3 | — | -1.19 |
| Diluted EPS | -0.19 | -0.23 | — | -0.12 | -0.14 | -0.13 | — | -3.6 | -4.2 | -3.3 | — | -1.19 |
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 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market cap | — | — | — | — | — | 898.6M | — | — | — | — | 16.3M |
| Enterprise value | — | — | — | — | — | 889.7M | — | — | — | — | 13.6M |
| Shares outstanding | 1.2M | 4.4M | 5.5M | 6M | 6.2M | 6.8M | 12.1M | 22.4M | 1.2M | 2.3M | 2.3M |
| Metric | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | — | — | — | — | -0.16 |
| P/B | — | — | — | — | — | 101.7 | — | — | — | — | 1.09 |
| EV/EBITDA | — | — | — | — | — | -61.6 | — | — | — | — | -0.53 |
| Earnings yield | — | — | — | — | — | — | — | — | — | — | -614.9% |
| FCF yield | — | — | — | — | — | -1.15% | — | — | — | — | -110% |
| PEG | — | — | — | — | — | — | — | — | — | — | 0 |
| Metric | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | — | — | — | — | — | — | 0% |
| Net margin | — | — | — | — | — | — | — | — | — | — | 0% |
| ROE | -8.21% | -15.3% | -39.2% | -184.9% | 578.6% | -210.9% | -273.4% | -151.5% | -110.2% | -217.9% | -247.9% |
| ROA | -7.76% | -15.2% | -38.2% | -137.9% | -328.2% | -189.2% | -191.6% | -126.5% | -100.5% | -190.4% | -129.1% |
| ROIC | 122.3% | -3K% | 3.2K% | -19.6K% | -10.7K% | 27.3K% | -491.8% | -501.8% | -397% | -430% | -430% |
| Return on tangible assets | -7.76% | -15.2% | -38.2% | -137.9% | -328.2% | -189.2% | -191.6% | -126.5% | -100.5% | -190.4% | -228.7% |
| Metric | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current ratio | 18.4 | 278.8 | 36.7 | 4.82 | 0.5 | 9.68 | 4.13 | 6.66 | 10.7 | 4.03 | 3.25 |
| Quick ratio | 18.4 | 278.8 | 36.7 | 4.82 | 0.5 | 9.68 | 4.13 | 6.66 | 10.7 | 4.03 | 3.25 |
| Debt / equity | — | — | 0 | 0.09 | -2.21 | 0.02 | 0.3 | 0.1 | 0.05 | 0.03 | 0.03 |
| Debt / assets | — | — | 0 | 0.07 | 1.25 | 0.02 | 0.21 | 0.09 | 0.04 | 0.03 | 0.02 |
| Net debt / EBITDA | — | — | 2.56 | 0.54 | -0.19 | 0.62 | 0.16 | 0.47 | 0.68 | 0.26 | 0.15 |
| Interest coverage | -5.87 | — | — | — | -184.4 | -5.77 | — | — | — | — | — |
| Effective tax rate | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Metric | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue per share | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (basic) | -0.09 | -0.15 | -0.45 | -0.9 | -1.2 | -2.74 | -1.15 | -0.78 | -15.3 | -12.4 | -12.4 |
| EPS (diluted) | -0.09 | -0.15 | -0.45 | -0.9 | -1.2 | -2.74 | -1.15 | -0.78 | -15.3 | -12.4 | -9.85 |
| Book value per share | 1.11 | 0.97 | 1.17 | 0.48 | -0.21 | 1.3 | 0.42 | 0.52 | 13.8 | 5.67 | 1.93 |
| FCF per share | -0.08 | -0.18 | -0.34 | -0.73 | -0.97 | -1.52 | -1.05 | -0.7 | -14.8 | -12.1 | -5.14 |
| Cash per share | 1.18 | 0.97 | 1.19 | 0.52 | 0.24 | 1.33 | 0.31 | 0.41 | 10.6 | 3.04 | 0.48 |
| Capex per share | — | 0 | 0.01 | 0.04 | 0.02 | 0.01 | 0.14 | 0.08 | 2.02 | — | — |
| Metric | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Capex / operating cash flow | — | -1.91% | -3.91% | -5.53% | -1.9% | -0.47% | -15.2% | -11.9% | -16.3% | — | — |
| Payout ratio | — | — | — | — | — | — | — | — | — | — | 0% |
| — |
| -$2.74 |
| — |
| — |
| $0 |
| — |
| FY21 | — | -$1.2 | — | — | $0 | — |
| FY20 | — | -$0.9 | — | — | $0 | — |
| FY19 | — | -$0.45 | — | — | $0 | — |
| FY18 | — | -$0.15 | — | — | $0 | — |
| FY17 | — | -$0.09 | — | — | $0 | — |
| Period | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 | Q3 26 | Q4 26 | Q1 27 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 1.4M | 4.3M | 6.6M | 3.1M | 1.5M | 9.1M | 3.8M | 9.2M | 13.1M | 6.9M |
| Receivables | — | — | — | — | — | — | — | — | — | — |
| Inventory | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 1.4M | 4.3M | 6.6M | 3.2M | 1.6M | 9.4M | 4M | 9.7M | 13.5M | 7.5M |
| Property, plant & equipment | — | 13.3K | 75.9K | 572.3K | 499.1K | 356.7K | 3.2M | 4.1M | 5.2M | 7.2M |
| Goodwill & intangibles | — | 213 | 180 | 0 | — | — | — | — | — | — |
| Total assets | 1.4M | 4.3M | 6.7M | 3.9M | 2.2M | 9.8M | 7.2M | 13.8M | 18.7M | 14.8M |
| Accounts payable | — | 15K | 138.3K | 367K | 169.3K | 300K | 285K | 802K | 338K | 992K |
| Short-term debt | — | — | — | 92.2K | 2.6M | 144.9K | 355K | 373K | 423K | 393K |
| Total current liabilities | 74.4K | 15.5K | 178.9K | 661.4K | 3.3M | 969.7K | 979K | 1.5M | 1.3M | 1.9M |
| Long-term debt | — | — | 0 | 178.7K | 184.4K | 40K | 1.2M | 817K | 393K | 0 |
| Total liabilities | 74.4K | 15.5K | 178.9K | 980.1K | 3.5M | 1M | 2.2M | 2.3M | 1.7M | 1.9M |
| Shareholders' equity | 1.3M | 4.3M | 6.5M | 2.9M | -1.3M | 8.8M | 5.1M | 11.5M | 17.1M | 13M |
| Total debt | — | — | 0 | 270.9K | 2.8M | 184.8K | 1.5M | 1.2M | 816K | 393K |
| Net debt | — | — | -6.6M | -2.9M | 1.3M | -8.9M | -2.3M | -8M | -12.3M | -6.5M |
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 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 | Q3 26 | Q4 26 | Q1 27 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 6.3M | 2M | 9.2M | 5.1M | 3.9M | 7M | 13.1M | 7.5M | 5.3M | 2.9M | 6.9M | 3.9M |
| Receivables | — | — | — | — | — | — | — | — | — | — | — | — |
| Inventory | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 6.5M | 2.3M | 9.7M | 5.4M | 4.2M | 7.3M | 13.5M | 8.3M | 5.9M | 3.5M | 7.5M | 4.8M |
| Property, plant & equipment | 3.6M | 3.9M | 4.1M | 4.7M | 4.6M | 4.8M | 5.2M | 5.9M | 7M | 6.8M | 7.2M | 7.3M |
| Goodwill & intangibles | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | 10.1M | 6.2M | 13.8M | 10.1M | 8.8M | 12.1M | 18.7M | 14.2M | 13M | 10.3M | 14.8M | 12.3M |
| Accounts payable | 546K | 704K | 802K | 461K | 501K | 522K | 338K | 1.1M | 2.9M | 1M | 992K | 604K |
| Short-term debt | 350K | 362K | 373K | 386K | 398K | 410K | 423K | 437K | 450K | 464K | 393K | 278K |
| Total current liabilities | 1.1M | 1.4M | 1.5M | 1.3M | 1.2M | 1.4M | 1.3M | 2M | 4M | 2.2M | 1.9M | 1.5M |
| Long-term debt | 1M | 915K | 817K | 714K | 611K | 504K | 393K | 278K | 161K | 40K | 0 | — |
| Total liabilities | 2.1M | 2.4M | 2.3M | 2.1M | 1.9M | 1.9M | 1.7M | 2.3M | 4.2M | 4.4M | 1.9M | 1.5M |
| Shareholders' equity | 7.9M | 3.8M | 11.5M | 8M | 6.9M | 10.3M | 17.1M | 11.8M | 8.8M | 5.9M | 13M | 10.8M |
| Total debt | 1.4M | 1.3M | 1.2M | 1.1M | 1M | 914K | 816K | 715K | 611K | 504K | 393K | 278K |
| Net debt | -5M | -770K | -8M | -4M | -2.9M | -6.1M | -12.3M | -6.8M | -4.7M | -2.4M | -6.5M | -3.6M |
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 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net income | -106.6K | -659.2K | -2.5M | -5.3M | -7.4M | -18.6M | -13.9M | -17.5M | -18.8M | -28.2M |
| Depreciation & amortization | — | 1.9K | 14.5K | 35.4K | 181.8K | 117.5K | 152K | 426K | 1.1M | 1.7M |
| Stock-based compensation | — | 0 | 532.1K | 801.2K | 1.2M | 4M | 2.7M | 2.7M | 2.4M | 1.8M |
| Change in working capital | — | -133.7K | 1.2K | -233.4K | 64.5K | -45.6K | 3K | -13K | -4K | -21K |
| Operating cash flow | -106.6K | -791.1K | -2M | -4.7M | -5.8M | -11.6M | -10.8M | -14.3M | -15.3M | -23.8M |
| Capital expenditure | — | -15.1K | -77.1K | -260.8K | -109.7K | -54.8K | -1.6M | -1.7M | -2.5M | — |
| Investing cash flow | — | -15.1K | -77.1K | -260.8K | -109.7K | -54.8K | -1.6M | -1.7M | -2.5M | — |
| Dividends paid | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | -14.1K | 0 | — | — | — | — | — | — | — | — |
| Financing cash flow | 1.5M | 4.7M | 4.1M | 924K | 4.4M | 20M | 7.4M | 20.3M | 20.8M | 17.6M |
| Net change in cash | 1.4M | 3.9M | 2.1M | -4.1M | -1.5M | 8.3M | -5.1M | 4.3M | 3M | -6.2M |
| Free cash flow | -94.8K | -806.5K | -1.9M | -4.4M | -6M | -10.3M | -12.6M | -15.7M | -18.2M | -27.7M |
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 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 | Q3 26 | Q4 26 | Q1 27 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income | -4.2M | -5.3M | -4.3M | -4.1M | -5M | -4.8M | -4.9M | -6.7M | -7.8M | -7.4M | -6.4M | -6.5M |
| Depreciation & amortization | 95K | 130K | 143K | 196K | 260K | 281K | 326K | 410K | 391K | 430K | 441K | 501K |
| Stock-based compensation | 564K | 995K | 658K | 535K | 1.1M | 419K | 374K | 724K | 813K | 534K | -293K | 447K |
| Change in working capital | 5K | -58K | 63K | 0 | 0 | 0 | -4K | -4K | -5K | -5K | -7K | -9K |
| Operating cash flow | -3.5M | -4.2M | -3.4M | -3.4M | -3.6M | -4.1M | -4.2M | -5.4M | -5.4M | -7.2M | -5.8M | -6M |
| Capital expenditure | -345K | -499K | -483K | -842K | -161K | -542K | -948K | — | — | — | — | — |
| Investing cash flow | -345K | -499K | -483K | -842K | -161K | -542K | -948K | — | — | — | — | — |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | 0 | 0 | 10.6M | 0 | 1.9M | 7.5M | 11.4M | 728K | 4K | 6M | 10.8M | 3.6M |
| Net change in cash | -3.9M | -4.7M | 6.7M | -4.2M | -1.9M | 2.9M | 6.2M | -4.6M | -5.4M | -1.2M | 5M | -2.3M |
| Free cash flow | -3.6M | -4.5M | -4M | -4.4M | -3.9M | -4.6M | -5.3M | -6.3M | -6.2M | -8.4M | -6.8M | -6.7M |