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 | -$0.56 | -$0.09 | +83.9% | — | $0 | — |
| Q2 26 | -$0.56 | $0.41 | +173.2% | — | $0 | — |
| Q1 26 | -$1.31 | -$4.41 | -236.6% | — | $0 | — |
| Q4 25 | -$3.83 | -$5.55 | -44.9% | — | — | — |
| Q3 25 | $6.44 | $6.55 | +1.7% | — | — | — |
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 | — | -$0.23 | — | — | — | — |
| FY24 | — | -$0.12 | — | — | $0 | — |
| FY23 | — | -$0.24 | — | — | $0 | — |
| FY22 | — | -$0.17 | — | — | $181.4K |
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 | $3.3M | $2.6M | $1.8M | $1.7M | $20.4K | $0 | $181.4K | $0 | $0 | — |
| YoY change | +2.56% | -20.8% | -33.3% | -2.86% | -98.8% | -100% | +InfinityT% | -100% | 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 | 3.3M | 2.6M | 1.8M | 1.7M | 20.4K | 0 | 181.4K | 0 | 0 | — |
| Cost of revenue | — | — | — | — | — | — | — | — | — | — |
| Gross profit | 3.3M | 2.6M | 1.8M | 1.7M | 20.4K | — | — | — | — | — |
| Gross margin | 100% | 100% | 100% | 100% | 100% | — | — | — | — | — |
| Research & development | 11.7M | 11.8M | 11.8M | 4M | 2.5M | 2.7M | 11M | 8.3M | 9.4M | — |
| Selling, general & administrative | 5M | 3.6M | 3.2M | 4.2M | 2.1M | 2.7M | 5.3M | 5.7M | 8.5M | — |
| Operating expenses | 17.1M | 9.5M | 15.3M | 8.5M | 4M | 5.7M | 14.9M | 13.7M | 17.8M | — |
| Operating income | -13.8M | -6.9M | -13.5M | -6.8M | -3.9M | -5.7M | -14.7M | -13.7M | -17.8M | — |
| Operating margin | -415.7% | -261.5% | -771.8% | -401.6% | -19.3K% | — | -8.1K% | — | — | — |
| Non-operating income, net | 5.9M | 4.2M | 2M | 3.4M | 2.1M | 2.1M | -395.8K | -180.2K | 2M | — |
| Pretax income | -8.2M | -3M | -12.2M | -4.4M | -2.6M | -4.2M | -15.1M | -13.7M | -15.6M | — |
| Income tax | -339.2K | 255K | -541.5K | -105.3K | -90.6K | -89.4K | -131.9K | -88.4K | -87.3K | — |
| Net income | -7.9M | -3.3M | -11.7M | -4.3M | -3.1M | -4.1M | -15M | -13.6M | -15.5M | — |
| Net margin | -237.8% | -125.6% | -668.3% | -252.8% | -15.3K% | — | -8.3K% | — | — | — |
| EBITDA | -7.9M | -2.1M | -9.5M | -3.4M | -2.8M | -4.9M | -13.9M | -13.1M | -19.1M | — |
| EPS | -0.33 | -0.13 | -0.44 | -0.16 | -0.11 | -0.1 | -0.17 | -0.24 | -0.12 | -0.23 |
| Diluted EPS | -0.33 | -0.13 | -0.44 | -0.16 | -0.11 | -0.1 | -0.17 | -0.24 | -0.12 | -0.23 |
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q1 26 | Q2 26 | Q3 26 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | — | 0 | — | 0 | — | — | — | 0 | 0 | 0 |
| Cost of revenue | — | — | — | — | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — | — | — | — | — |
| Gross margin | — | — | — | — | — | — | — | — | — | — |
| Research & development | — | 2M | — | 3.1M | — | — | — | 3.8M | 697.7K | -518.2K |
| Selling, general & administrative | — | 2.5M | — | 2.4M | — | — | — | 1.9M | 2.1M | 1.7M |
| Operating expenses | — | 4.5M | — | 5.5M | — | — | — | 5.7M | 2.3M | 827.3K |
| Operating income | — | -4.5M | — | -5.5M | — | — | — | -5.7M | -2.3M | -827.3K |
| Operating margin | — | — | — | — | — | — | — | — | — | — |
| Non-operating income, net | — | -185.8K | — | 2.7M | — | — | — | -4.4M | 4M | 101.3K |
| Pretax income | — | -4.6M | — | -2.7M | — | — | — | -9.9M | 1.8M | -539.9K |
| Income tax | — | -34.8K | — | -34.1K | — | — | — | -34.8K | -34.8K | -34.8K |
| Net income | — | -4.6M | — | -2.7M | — | — | — | -9.9M | 1.9M | -505.1K |
| Net margin | — | — | — | — | — | — | — | — | — | — |
| EBITDA | — | -4.1M | — | -8M | — | — | — | -5.4M | -6.2M | -762.8K |
| EPS | -0.04 | -5.31 | — | — | -0 | -1.23 | 6.55 | -4.41 | 0.41 | -0.09 |
| Diluted EPS | -0.04 | -5.31 | — | — | -0 | -1.23 | 6.55 | -4.41 | -0.77 | -0.09 |
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 | — | — | — | — | — | — | — | 3.2B | — | — | 19.8M |
| Enterprise value | — | — | — | — | — | — | — | 3.2B | — | — | -79.8K |
| Shares outstanding | 38.1M | 40.1M | 40.2M | 43.4M | 45.4M | 65M | 112.8M | 122.4M | 149.8M | 1.6M | 1.6M |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | — | — | — | — | 1.07 |
| P/S | — | — | — | — | — | — | — | — | — | — | 16.8 |
| P/B | — | — | — | — | — | — | — | 231.2 | — | — | 0.67 |
| EV/EBITDA | — | — | — | — | — | — | — | -246.3 | — | — | 0.01 |
| EV/Sales | — | — | — | — | — | — | — | — | — | — | -0.07 |
| Earnings yield | — | — | — | — | — | — | — | — | — | — | 93.4% |
| FCF yield | — | — | — | — | — | — | — | -0.29% | — | — | -42.2% |
| PEG | — | — | — | — | — | — | — | — | — | — | -0.01 |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross margin | 100% | 100% | 100% | 100% | 100% | — | — | — | — | — | — |
| Operating margin | -415.7% | -261.5% | -771.8% | -401.6% | -19.3K% | — | -8.1K% | — | — | — | -15.7% |
| Net margin | -237.8% | -125.6% | -668.3% | -252.8% | -15.3K% | — | -8.3K% | — | — | — | 0% |
| ROE | -39.1% | -16.7% | -147.9% | -54.6% | -56.1% | -18.3% | -38.2% | -97.1% | -88.6% | — | -61.7% |
| ROA | -18.9% | -8.03% | -38.6% | -18% | -20.7% | -16% | -33.3% | -74.9% | -56% | — | -19.7% |
| ROIC | -154.9% | -90.5% | -222% | -75.8% | -44.3% | -61% | -88.8% | -209.4% | -345.2% | — | — |
| Return on tangible assets | -48% | -21.9% | -192.5% | -404.9% | 48% | -90.9% | -109.4% | 2K% | 2.3K% | — | — |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current ratio | 5.1 | 3.92 | 2.7 | 1.82 | 1.01 | 13.1 | 12.5 | 4.87 | 3.45 | — | 27.8 |
| Quick ratio | 5.06 | 3.89 | 2.67 | 1.77 | 1.01 | 13.1 | 12.5 | 4.87 | 3.45 | — | 14.3 |
| Debt / equity | 0.53 | 0.46 | 1.27 | 0.97 | 0.96 | 0.02 | 0.01 | 0.02 | 0.02 | — | 0 |
| Debt / assets | 0.25 | 0.22 | 0.33 | 0.32 | 0.36 | 0.02 | 0.01 | 0.01 | 0.01 | — | 0 |
| Net debt / EBITDA | 1.43 | 5.85 | 0.19 | -0.34 | -1.2 | 2.73 | 1.62 | 0.57 | 0.64 | — | 2.38 |
| Interest coverage | -8.15 | -2.16 | -11.8 | -3.19 | -2.36 | -6.57 | -815.9 | -1.5K | — | — | — |
| 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 | 0.09 | 0.07 | 0.04 | 0.04 | 0 | 0 | 0 | 0 | 0 | — | 0.27 |
| EPS (basic) | -0.33 | -0.13 | -0.44 | -0.16 | -0.11 | -0.1 | -0.17 | -0.24 | -0.12 | -0.23 | -0.23 |
| EPS (diluted) | -0.33 | -0.13 | -0.44 | -0.16 | -0.11 | -0.1 | -0.17 | -0.24 | -0.12 | -0.23 | -3.06 |
| Book value per share | 0.53 | 0.49 | 0.2 | 0.18 | 0.12 | 0.35 | 0.35 | 0.11 | 0.12 | — | 5.47 |
| FCF per share | -0.19 | -0.02 | -0.24 | -0.16 | -0.04 | -0.06 | -0.13 | -0.08 | -0.1 | — | -1.55 |
| Cash per share | 0.57 | 0.53 | 0.3 | 0.15 | 0.04 | 0.21 | 0.2 | 0.06 | 0.08 | — | 3.67 |
| Capex per share | 0 | 0 | 0.01 | 0 | 0 | 0 | 0 | 0 | — | — | — |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Capex / revenue | 2.82% | 4.6% | 13% | 2.59% | 550.1% | — | 65.8% | — | — | — | — |
| Capex / operating cash flow | — | — | — | — | -4.92% | -0.53% | -0.74% | 0% | — | — | — |
| Payout ratio | 0% | 0% | — | — | — | — | — | — | — | — | 0% |
| — |
| FY21 | — | -$0.1 | — | — | $0 | — |
| FY20 | — | -$0.11 | — | — | $20.4K | — |
| FY19 | — | -$0.16 | — | — | $1.7M | — |
| FY18 | — | -$0.44 | — | — | $1.8M | — |
| FY17 | — | -$0.13 | — | — | $2.6M | — |
| FY16 | — | -$0.33 | — | — | $3.3M | — |
| Period | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q1 26 | Q2 26 | Q3 26 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | — | $0 | — | $0 | — | — | — | $0 | $0 | $0 |
| YoY change | — | — | — | — | — | — | — | — | — | — |
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 | 13.2M | 21.8M | 21.2M | 11.9M | 6.5M | 2M | 13.8M | 23.1M | 7.7M | 12.6M |
| Receivables | 141K | 587K | 402.7K | 262.9K | 360.4K | 7.7K | 91.9K | — | — | — |
| Inventory | 199.6K | 208.1K | 207.7K | 228.6K | 295.5K | — | — | — | — | — |
| Total current assets | 18.4M | 27.5M | 26.6M | 16.8M | 11.2M | 3.6M | 14.8M | 28.8M | 8.5M | 13.2M |
| Property, plant & equipment | 3M | 2.7M | 2.7M | 2.8M | 3.7M | 460.2K | 1.5M | 464K | 874.6K | 219K |
| Goodwill & intangibles | 26.7M | 25.3M | 26M | 24.3M | 22.8M | 21.5M | 21.3M | 31.2M | 18.8M | 28.3M |
| Total assets | 33.7M | 41.7M | 41M | 30.3M | 23.9M | 15M | 25.9M | 44.9M | 18.1M | 27.6M |
| Accounts payable | 1.9M | 1.2M | 927.1K | 1.7M | 534.8K | 550.3K | 490.7K | 1.1M | 913.8K | 2.2M |
| Short-term debt | 2.7M | 1.8M | 4.1M | 2.7M | 3.8M | 2.6M | 83.1K | 110.1K | 93.4K | 155.1K |
| Total current liabilities | 6.7M | 5.4M | 6.8M | 6.2M | 6.1M | 3.6M | 1.1M | 2.3M | 1.7M | 3.8M |
| Long-term debt | 4.5M | 8.7M | 4.9M | 7.3M | 3.8M | 2.7M | 330.9K | 367.1K | 152.3K | 117.6K |
| Total liabilities | 18.1M | 21.6M | 21.3M | 22.4M | 16M | 9.5M | 3.2M | 5.8M | 4.2M | 10.2M |
| Shareholders' equity | 15.6M | 20.1M | 19.7M | 7.9M | 7.9M | 5.5M | 22.7M | 39.2M | 14M | 17.5M |
| Total debt | 7.2M | 10.6M | 9M | 10.1M | 7.6M | 5.3M | 414K | 477.1K | 245.7K | 272.7K |
| Net debt | -5.7M | -11M | -11.9M | -1.6M | 1.4M | 3.3M | -13.2M | -22.6M | -7.4M | -12.3M |
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 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q1 26 | Q2 26 | Q3 26 |
|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 6.5M | 12.6M | 8.1M | 4.3M | 17M | 13.6M | 22.2M | 19.4M |
| Receivables | — | — | — | — | — | — | — | — |
| Inventory | — | — | — | — | — | — | — | — |
| Total current assets | 7.4M | 13.2M | — | — | — | 14M | 23.4M | 21.7M |
| Property, plant & equipment | 182.8K | 219K | — | — | — | 77.8K | — | — |
| Goodwill & intangibles | 18.9M | 28.3M | — | — | — | 26.6M | 26.4M | 26.3M |
| Total assets | 17.1M | 27.6M | — | — | — | 27.3M | 36.6M | 34.8M |
| Accounts payable | 1.1M | 2.2M | — | — | — | 1.4M | 520.7K | 627.2K |
| Short-term debt | 570.8K | 155.1K | — | — | — | 118.2K | 33.5K | 34.2K |
| Total current liabilities | 1.9M | 3.8M | — | — | — | 5.1M | 2.6M | 1.5M |
| Long-term debt | 119.5K | 117.6K | — | — | — | — | — | — |
| Total liabilities | 4.3M | 10.2M | — | — | — | 14.8M | 6.9M | 5.4M |
| Shareholders' equity | 12.8M | 17.5M | — | — | — | 12.5M | 29.7M | 29.4M |
| Total debt | 690.3K | 272.7K | — | — | — | 118.2K | 33.5K | 34.2K |
| Net debt | -5.8M | -12.3M | — | — | — | -13.5M | -22.1M | -19.4M |
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 | — | — | — | — | — | -3.1M | -4.1M | -15M | -13.6M | -15.5M |
| Depreciation & amortization | — | — | — | — | — | 1.1M | 811.4K | 763.2K | 421.1K | 663K |
| Stock-based compensation | — | — | — | — | — | 24.1K | 624.1K | 1.9M | 854.1K | 814.8K |
| Change in working capital | — | — | — | — | — | 1.7M | 809.3K | -4.5M | 2.9M | 838.3K |
| Operating cash flow | — | — | — | — | — | -2.3M | -3.1M | -16.1M | -8.9M | -14.9M |
| Capital expenditure | -412.1K | -93.3K | -120.8K | -227.4K | -44K | 112K | 16.3K | 119.4K | 0 | — |
| Investing cash flow | -5.4K | 689.2K | 642K | -227.4K | -37.8K | 106.6K | -40.2K | 419.1K | 0 | — |
| Dividends paid | 0 | 0 | 0 | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | -266.9K | -30.6K | -263.8K | — | — | — |
| Financing cash flow | 6M | 15.7M | -1M | 1.2M | 1.7M | -2.4M | 14.8M | 18.6M | 1.7M | 10.1M |
| Net change in cash | 6M | 16.4M | -373.3K | 1M | 1.6M | -4.5M | 11.7M | 2.8M | -7.3M | -4.8M |
| Free cash flow | 2M | -7.4M | -823.2K | -9.8M | -7M | -1.7M | -3.6M | -15M | -9.3M | -14.7M |
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 | Q1 26 | Q2 26 | Q3 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income | — | — | -5.5M | -4.6M | -2.8M | -2.7M | -804.8K | -1.9M | 11.3M | -9.9M | 1.9M | -505.1K |
| Depreciation & amortization | — | — | — | 165.7K | — | 165.7K | — | — | — | 165.8K | 165.8K | 165.7K |
| Stock-based compensation | — | — | — | 557K | — | 107.7K | — | — | — | 111.3K | 93.7K | 70.3K |
| Change in working capital | — | — | — | -606.1K | — | 1.6M | — | — | — | 160.7K | -2.1M | -423.8K |
| Operating cash flow | — | — | -5.5M | -4.5M | -2.8M | -3.3M | -804.8K | -1.9M | 11.3M | -3.8M | -6.4M | -3.3M |
| Capital expenditure | 0 | 0 | — | — | — | — | — | — | — | — | — | — |
| Investing cash flow | 0 | 0 | — | — | — | — | — | — | — | — | — | — |
| Dividends paid | 0 | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | -130.5K | -19.5K | — | 5.6M | — | 2.1M | — | — | — | 3.3M | 14.7M | 0 |
| Net change in cash | -130.5K | -19.5K | -5.5M | 1.1M | -2.8M | -1.1M | -804.8K | -1.9M | 11.3M | -541K | 8.2M | -3.3M |
| Free cash flow | -3.4M | -1.7M | — | -3.9M | — | -3M | — | — | — | -3.8M | -6.4M | -3.3M |