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 % |
|---|---|---|---|---|---|---|
| Q4 24 | -$440 | -$64.8 | +85.3% | — | $0 | — |
| Q3 24 | -$790 | -$439.6 | +44.4% | — | $0 | — |
| Q2 24 | -$798 | -$771.8 | +3.3% | — | $0 | — |
| Q1 24 | -$820 | -$823.6 | -0.4% | — | $0 | — |
| Q4 23 | -$625 | -$890.1 | -42.4% | — | $0 | — |
| Q3 23 | -$10.1 | -$13 | -29.1% | — | $0 | — |
| Q2 23 | -$12.8 | -$10 | +21.8% | — | $0 | — |
| Q1 23 | -$11 | -$15 | -36.4% | — | $0 | — |
| Q3 22 | -$11.6 | -$9 | +22.7% | — | $0 | — |
| Q2 22 | -$12.2 | -$7 | +42.5% | — | $0 | — |
| Q1 22 | -$16.5 | -$16 | +3.1% | — | $0 | — |
| Q3 21 | -$18.5 | -$15 | +18.9% | — | $0 | — |
| Q2 21 | -$19.3 | -$17 | +11.8% | — | $0 | — |
| Q1 21 | -$16.9 | -$19 | -12.7% | — | $0 | — |
| Q4 20 | -$16.1 | -$24 | -49.0% | — | $0 | — |
| Q3 20 | -$18.8 | -$24 | -27.7% | — | $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 | — | $0 | — | — | $0 | — |
| FY24 | — | -$1.3K | — | — | $0 | — |
| FY23 | — | -$13.3 | — | — | $0 | — |
| FY22 | — | -$15.3 | — | — | $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% | 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 | 7.9M | 17.7M | 16.8M | 19.7M | 25.9M | 36.8M | 36.4M | 32.4M | 18M | 12.7M |
| Selling, general & administrative | 1.1M | 4.6M | 5.2M | 6M | 7M | 8.5M | 7.3M | 7.8M | 5M | 8.1M |
| Operating expenses | 9M | 24M | 22M | 25.7M | 32.9M | 45.4M | 43.7M | 40.2M | 23M | 20.8M |
| Operating income | -9M | -24M | -22M | -25.7M | -32.9M | -45.4M | -43.7M | -40.2M | -23M | -20.8M |
| Operating margin | — | — | — | — | — | — | — | — | — | — |
| Non-operating income, net | 599K | -1.7M | 2.9M | -1M | -3.5M | -2.5M | 4.6M | -2.1M | 196K | -10.1M |
| Pretax income | -8.2M | -25.5M | -18.1M | -25.7M | -36.2M | -47.8M | -38.5M | -41.4M | -22.5M | -30.5M |
| Income tax | -2.1M | -2.4M | -4.2M | -4.2M | -5.5M | -7.3M | -6.4M | -5.7M | -3.5M | -1.2M |
| Net income | -6M | -23.1M | -13.8M | -21.4M | -30.7M | -40.5M | -32M | -35.7M | -19M | -29.4M |
| Net margin | — | — | — | — | — | — | — | — | — | — |
| EBITDA | -9.5M | -22.2M | -24.6M | -23.9M | -28.6M | -41.9M | -47.6M | -37.3M | -22.7M | -8.6M |
| EPS | -4.9 | -22.3 | -10.8 | -16.5 | -20.3 | -19.5 | -15.3 | -13.3 | -1.3K | 0 |
| Diluted EPS | -4.9 | -22.3 | -10.8 | -16.5 | -20.3 | -19.5 | -15.3 | -13.3 | -1.3K | 0 |
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 | 7.4M | 8.9M | 6.8M | 9.2M | 4.9M | 729K | 1.7M | 7.1M | 2.2M | 1.7M | 3.2M | 2.3M |
| Selling, general & administrative | 1.4M | 1.7M | 1.6M | 2M | 1.8M | 540K | 1.1M | 4.5M | 1.4M | 1.1M | 1.6M | 1.2M |
| Operating expenses | 8.8M | 10.5M | 8.4M | 11.2M | 6.7M | 1.3M | 2.8M | 11.6M | 3.6M | 2.8M | 4.8M | 3.4M |
| Operating income | -8.8M | -10.5M | -8.4M | -11.2M | -6.7M | -1.3M | -2.8M | -11.6M | -3.6M | -2.8M | -4.8M | -3.4M |
| Operating margin | — | — | — | — | — | — | — | — | — | — | — | — |
| Non-operating income, net | 562K | -1.2M | 95K | -100.1K | -301.7K | 404K | -59K | -12.8M | 2.8M | 43K | 363K | -110K |
| Pretax income | -8.1M | -11.6M | -8.1M | -11.2M | -6.9M | -790K | -2.8M | -24.4M | -626K | -2.6M | -4.3M | -3.4M |
| Income tax | -1.4M | -1.7M | -1.3M | -1.7M | -974.9K | -137K | -353K | -328K | -345K | -142K | -410K | -333K |
| Net income | -6.7M | -9.9M | -6.8M | -9.5M | -5.9M | -653K | -2.5M | -24.1M | -281K | -2.5M | -3.9M | -3.1M |
| Net margin | — | — | — | — | — | — | — | — | — | — | — | — |
| EBITDA | -9.2M | -9.1M | -8.3M | -10.9M | -6.2M | -1.6M | -2.7M | 1.3M | -4.4M | -2.8M | -5.1M | -3.3M |
| EPS | -3.25 | — | -3.25 | -3 | -350 | -50 | -100 | 0 | 0 | 0 | 0 | 0 |
| Diluted EPS | -3.25 | — | -3.25 | -3 | -350 | -50 | -100 | 0 | 0 | 0 | 0 | 0 |
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 | — | — | — | 31.9B | — | — | 5.6B | — | — | — | 5.4M |
| Enterprise value | — | — | — | 31.9B | — | — | 5.5B | — | — | — | -17.6M |
| Shares outstanding | 996.1K | 836.7K | 1M | 1M | 1.2M | 1.7M | 1.7M | 2.1M | 14.8K | 4.2M | 4.2M |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | — | — | — | — | 0.02 |
| P/B | — | — | — | 502.5 | — | — | 144.4 | — | — | — | 0.2 |
| EV/EBITDA | — | — | — | -1.3K | — | — | -116 | — | — | — | 0.93 |
| Earnings yield | — | — | — | — | — | — | — | — | — | — | 5.2K% |
| FCF yield | — | — | — | -0.08% | — | — | -0.43% | — | — | — | -157.2% |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | — | — | — | — | — | — | 0% |
| Net margin | — | — | — | — | — | — | — | — | — | — | 0% |
| ROE | -24% | -24.7% | -17% | -33.7% | -30.9% | -61.8% | -83.2% | -185.6% | -319.1% | -120.7% | -70.3% |
| ROA | -22.2% | -24% | -15.9% | -30.5% | -28.5% | -52.3% | -55% | -99.4% | -128.6% | -98.4% | -43.5% |
| ROIC | -172.3% | -357.9% | -476.6% | -207.7% | -263.2% | -802.2% | 1.6K% | 1.6K% | 3.8K% | -2.8K% | -1K% |
| Return on tangible assets | -24.7% | -25% | -17.1% | -34.3% | -31.2% | -55.8% | -59.8% | -117.3% | -183.1% | -115.4% | -45.4% |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current ratio | 13.1 | 32.2 | 15 | 10.5 | 12.5 | 6.11 | 2.84 | 1.97 | 1.42 | 5.6 | 4.73 |
| Quick ratio | 13.1 | 32.2 | 15 | 10.5 | 12.5 | 6.11 | 2.84 | 1.97 | 1.42 | 5.6 | 4.73 |
| Debt / equity | — | — | 0 | 0.01 | 0.01 | 0.01 | 0.02 | 0.03 | 0.03 | 0.03 | 0.03 |
| Debt / assets | — | — | 0 | 0.01 | 0.01 | 0 | 0.01 | 0.01 | 0.01 | 0.02 | 0.03 |
| Net debt / EBITDA | — | — | 3.13 | 2.14 | 3.03 | 1.43 | 0.87 | 0.58 | 0.29 | 2.73 | 1.21 |
| Effective tax rate | 0% | 0% | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (basic) | -4.9 | -22.3 | -10.8 | -16.5 | -20.3 | -19.5 | -15.3 | -13.3 | -1.3K | 0 | 0 |
| EPS (diluted) | -4.9 | -22.3 | -10.8 | -16.5 | -20.3 | -19.5 | -15.3 | -13.3 | -1.3K | 0 | 66 |
| Book value per share | 25.3 | 111.7 | 78.6 | 60.7 | 81.2 | 39.1 | 22.9 | 9.15 | 401.3 | 5.85 | 6.33 |
| FCF per share | -9.86 | -11.7 | -13.3 | -24 | -19 | -14.8 | -14.1 | -16.5 | -1.3K | -1.84 | -1.27 |
| Cash per share | 20.1 | 103.6 | 74.1 | 49.7 | 71.5 | 36 | 24.9 | 10.6 | 454.8 | 5.83 | 4.53 |
| Capex per share | 0.02 | 0.44 | 0.2 | 0.04 | 0.3 | 0.04 | 0.01 | 0 | 0.27 | — | — |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Capex / operating cash flow | -0.14% | -3.19% | -1.34% | -0.2% | -1.15% | -0.16% | -0.04% | -0.01% | -0.02% | — | — |
| Payout ratio | — | — | — | — | — | — | — | — | — | — | 0% |
| FY21 |
| — |
| -$19.5 |
| — |
| — |
| $0 |
| — |
| FY20 | — | -$20.3 | — | — | $0 | — |
| FY19 | — | -$16.5 | — | — | $0 | — |
| FY18 | — | -$10.8 | — | — | $0 | — |
| FY17 | — | -$22.3 | — | — | $0 | — |
| FY16 | — | -$4.9 | — | — | $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 | 20M | 86.7M | 77M | 52M | 87.4M | 60.3M | 41.9M | 22.3M | 6.7M | 24.3M |
| Receivables | 192K | 9K | — | — | — | — | — | — | — | — |
| Inventory | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 25.8M | 94M | 83.6M | 65.2M | 101.8M | 71.6M | 54.9M | 32.3M | 12.3M | 26.9M |
| Property, plant & equipment | 18K | 358K | 427K | 1.1M | 1.2M | 851K | 866K | 673.1K | 197K | 658K |
| Goodwill & intangibles | 2.8M | 3.9M | 6.2M | 7.9M | 9.5M | 4.8M | 4.7M | 5.5M | 4.4M | 4.4M |
| Total assets | 27.2M | 96.4M | 87.2M | 70.3M | 107.8M | 77.5M | 58.3M | 35.9M | 14.8M | 29.8M |
| Accounts payable | 728K | 1.1M | 2.5M | 2.4M | 2.3M | 1.8M | 4.8M | 4.4M | 2.7M | 522K |
| Short-term debt | — | — | — | 268K | 278K | 207K | 243K | 266.1K | 73K | 20K |
| Total current liabilities | 2M | 2.9M | 5.6M | 6.2M | 8.1M | 11.7M | 19.3M | 16.4M | 8.7M | 4.8M |
| Long-term debt | — | — | 0 | 538K | 367K | 164K | 396K | 245.5K | 117K | 656K |
| Total liabilities | 2M | 2.9M | 5.6M | 6.7M | 8.6M | 11.9M | 19.8M | 16.7M | 8.8M | 5.5M |
| Shareholders' equity | 25.2M | 93.4M | 81.6M | 63.5M | 99.2M | 65.5M | 38.5M | 19.2M | 6M | 24.3M |
| Total debt | — | — | 0 | 806K | 645K | 371K | 639K | 511.6K | 190K | 676K |
| Net debt | — | — | -77M | -51.2M | -86.7M | -59.9M | -41.3M | -21.7M | -6.6M | -23.6M |
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 | 17.8M | 22.3M | 12.9M | 15.7M | 15M | 6.7M | 4M | 8.4M | 25.2M | 24.3M | 21.5M | 19.5M |
| Receivables | — | — | — | — | — | — | — | — | — | — | — | — |
| Inventory | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 30.6M | 32.3M | 22.1M | 23.5M | 22.2M | 12.3M | 9.1M | 13.7M | 29.8M | 26.9M | 24.6M | 22.8M |
| Property, plant & equipment | — | 673.1K | — | — | — | 197K | — | — | — | 658K | — | — |
| Goodwill & intangibles | 2.6M | 5.5M | 4.3M | 6M | 5.9M | 4.4M | 4.4M | 4.4M | 4.4M | 4.4M | 4.4M | 4.4M |
| Total assets | 34M | 35.9M | 24.8M | 27.1M | 25.7M | 14.8M | 11.6M | 16.2M | 32.3M | 29.8M | 27.6M | 25.8M |
| Accounts payable | 5.2M | 4.4M | 5.8M | 8.3M | 8M | 2.7M | 2.4M | 1.1M | 1.7M | 522K | 673K | 450K |
| Short-term debt | 230K | 266.1K | 167K | 171.7K | 112K | 73K | 74K | 75K | 76K | 20K | 33K | 35K |
| Total current liabilities | 11.9M | 16.4M | 14.4M | 21.7M | 19.8M | 8.7M | 7.3M | 8.7M | 6.3M | 4.8M | 4.5M | 4.8M |
| Long-term debt | 222K | 245.5K | 172K | 208.2K | 179.2K | 117K | 99K | 79K | 60K | 656K | 647K | 637K |
| Total liabilities | 12.2M | 16.7M | 14.7M | 22M | 20M | 8.8M | 7.4M | 8.8M | 6.4M | 5.5M | 5.2M | 5.5M |
| Shareholders' equity | 21.8M | 19.2M | 10.1M | 5.1M | 5.7M | 6M | 4.2M | 7.4M | 25.9M | 24.3M | 22.4M | 20.3M |
| Total debt | 452K | 511.6K | 339K | 379.9K | 291.2K | 190K | 173K | 154K | 136K | 676K | 680K | 672K |
| Net debt | -17.4M | -21.7M | -12.5M | -15.4M | -14.7M | -6.6M | -3.8M | -8.3M | -25.1M | -23.6M | -20.8M | -18.8M |
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 | -6M | -23.1M | -13.8M | -21.4M | -30.7M | -40.5M | -32M | -35.7M | -19M | -29.4M |
| Depreciation & amortization | 101K | 194K | 371K | 718K | 890K | 942K | 732K | 742.8K | 522K | 274K |
| Stock-based compensation | 1.1M | 11.7M | 1.8M | 3.2M | 4.3M | 6.7M | 4.9M | 5M | 1.6M | 10M |
| Change in working capital | -3.2M | 392K | 1.3M | -43K | -155K | -428K | 3M | -1.8M | -670K | -2.2M |
| Operating cash flow | -10.4M | -11.6M | -15.6M | -22.8M | -31.4M | -40.7M | -30.5M | -38.4M | -21.3M | -7.5M |
| Capital expenditure | -15K | -370K | -210K | -46K | -361K | -64K | -12K | -5.2K | -4K | — |
| Investing cash flow | 30.1M | -370K | -210K | -46K | -361K | -2.7M | -12K | 3.3M | -4K | — |
| Dividends paid | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | 0 | 77.6M | 0 | -147K | 61.8M | -296K | -227K | -73.6K | 8.2M | 18.8M |
| Net change in cash | 19.7M | 65.7M | -15.8M | -23M | 30.1M | -43.7M | -30.7M | -35.2M | -13.1M | 11.3M |
| Free cash flow | -9.8M | -9.8M | -13.8M | -25.1M | -23.3M | -24.9M | -23.7M | -34.8M | -19.4M | -7.7M |
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 | 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 | -6.7M | -9.9M | -6.8M | -9.5M | -5.9M | -653K | -2.5M | -24.1M | -281K | -2.5M | -3.9M | -3.1M |
| Depreciation & amortization | 146K | 182.2K | 136K | 183.9K | 177.9K | 115K | 67K | 69K | 69K | 69K | 68K | 71K |
| Stock-based compensation | 878K | 1M | 626K | 900.5K | 494.1K | -21K | 258K | 8M | 896K | 885K | 1.9M | 907K |
| Change in working capital | 495K | -2.3M | 2.4M | 465.1K | -87K | -3.3M | -302K | -1.3M | 563K | -1.1M | 151K | -223K |
| Operating cash flow | -6.7M | -12.9M | -5.1M | -9.7M | -6.4M | -4.1M | -2.8M | -4.5M | 1.3M | -1.1M | -3.2M | -2.1M |
| Capital expenditure | 1K | 0 | — | — | 0 | -1K | — | — | — | — | — | — |
| Investing cash flow | 1K | 0 | — | — | 0 | -1K | — | — | — | — | — | — |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | 62K | -56.8K | 1.4M | -85.2K | 6.2M | 2.2M | 441K | 444K | 15.2M | 2.7M | -7K | 186K |
| Net change in cash | -6.7M | -12.9M | -3.7M | -9.8M | -267.4K | -1.9M | -2.4M | -4M | 16.5M | 1.5M | -3.2M | -1.9M |
| Free cash flow | -10.3M | -224.8K | -6M | -1.7M | -6.1M | -7.5M | -3.1M | -4.5M | 1.2M | -1.2M | -3.3M | -2.1M |