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 | — | — | — | — | $0 | — |
| FY25 | — | $32.8 | — | — | $0 | — |
| FY24 | — | -$14.3K | — | — | $0 | — |
| FY23 | — | -$150.4 | — | — | $0 | — |
| FY22 | — | -$10.9 | — | — | $0 | — |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | $0 | $0 |
| YoY change | — | 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.
| Period | Q2 23 | Q2 24 | Q2 25 | Q2 26 |
|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | $0 |
| YoY change | — | 0% | 0% | 0% |
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 0 |
| Cost of revenue | — | — | — | — | — |
| Gross profit | — | — | — | — | — |
| Gross margin | — | — | — | — | — |
| Research & development | 137.2K | 1.1M | 954.6K | 342.2K | 1.5M |
| Selling, general & administrative | 1.7M | 1.2M | 1.8M | 3.3M | 4.8M |
| Operating expenses | 1.9M | 2.3M | 43.4M | 3.7M | 5.9M |
| Operating income | -1.9M | -2.3M | -43.4M | -3.7M | -5.9M |
| Operating margin | — | — | — | — | — |
| Non-operating income, net | -2.3K | 19.1K | -7.8M | 4.6M | -1.2M |
| Pretax income | -1.9M | -2.3M | -51.2M | 1M | -6.9M |
| Income tax | — | — | — | — | — |
| Net income | -1.9M | -2.3M | -51.2M | 1M | -6.9M |
| Net margin | — | — | — | — | — |
| EBITDA | -1.9M | -2.3M | -48.6M | 500.2K | -5.8M |
| EPS | -10.9 | -150.4 | -14.3K | 32.8 | — |
| Diluted EPS | -10.9 | -150.4 | -14.3K | 32.8 | — |
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | Q2 23 | Q2 24 | Q2 25 | Q2 26 |
|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 |
| Cost of revenue | — | — | — | — |
| Gross profit | — | — | — | — |
| Gross margin | — | — | — | — |
| Research & development | 1.9K | -8.5K | 265.6K | 357.4K |
| Selling, general & administrative | 242.1K | 135K | 890.5K | 1.1M |
| Operating expenses | 244K | 108.7K | 1.2M | 1.5M |
| Operating income | -244K | -128.8K | -1.2M | -1.5M |
| Operating margin | — | — | — | — |
| Non-operating income, net | -1.5K | -77.2K | 1.3M | 683K |
| Pretax income | -244.7K | -226.4K | 141.5K | -753.3K |
| Income tax | — | — | — | — |
| Net income | -244.7K | -226.4K | 141.5K | -753.3K |
| Net margin | — | — | — | — |
| EBITDA | -242.5K | -128.8K | 327.9K | -1.4M |
| EPS | -1.44 | -14.5 | 25.4 | -3.19 |
| Diluted EPS | -1.44 | -14.5 | 25.4 | -3.19 |
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 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Cash & short-term investments | 4.8M | 1.8M | 946.4K | 733.2K | 6.1M | 7.4M |
| Receivables | — | — | — | — | — | — |
| Inventory | — | — | — | — | — | — |
| Total current assets | 4.9M | 1.8M | 1.1M | 1.1M | 6.6M | 9.1M |
| Property, plant & equipment | — | — | 0 | 11.2K | 11.1K | 6.1K |
| Goodwill & intangibles | — | — | — | — | — | — |
| Total assets | 4.9M | 1.8M | 1.1M | 1.1M | 7.3M | 17.6M |
| Accounts payable | 13.4K | 36.9K | 1.2M | 562.4K | 261.9K | 229.5K |
| Short-term debt | — | — | — | 10.4M | — | — |
| Total current liabilities | 101.1K | 131.8K | 1.3M | 12.1M | 594.4K | 623.2K |
| Long-term debt | — | — | — | — | — | — |
| Total liabilities | 101.1K | 131.8K | 1.3M | 12.1M | 594.4K | 623.2K |
| Shareholders' equity | 4.8M | 1.7M | -142.2K | -11M | 6.7M | 16.9M |
| Total debt | — | — | — | 10.4M | — | — |
| Net debt | — | — | — | 9.7M | — | — |
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 | Q2 24 | Q2 25 | Q2 26 |
|---|---|---|---|
| Cash & short-term investments | 437.4K | 1.9M | 7.1M |
| Receivables | — | — | — |
| Inventory | — | — | — |
| Total current assets | 486.7K | 2.2M | 7.6M |
| Property, plant & equipment | — | 10.1K | 8.7K |
| Goodwill & intangibles | — | — | — |
| Total assets | 486.7K | 2.3M | 12.8M |
| Accounts payable | 910.1K | 805.6K | 235.9K |
| Short-term debt | 535.9K | 2.5M | — |
| Total current liabilities | 1.2M | 3.5M | 943.1K |
| Long-term debt | — | — | — |
| Total liabilities | 1.2M | 3.5M | 943.1K |
| Shareholders' equity | -714.5K | -1.3M | 11.9M |
| Total debt | 535.9K | 2.5M | — |
| Net debt | 98.5K | 568.3K | — |
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 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | Current |
|---|---|---|---|---|---|---|---|
| Market cap | — | 56.8B | — | — | — | — | — |
| Enterprise value | — | 56.8B | — | — | — | — | — |
| Shares outstanding | — | 242K | 21.3K | 3.6K | 30.9K | — | — |
| Metric | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | Current |
|---|---|---|---|---|---|---|---|
| P/B | — | 33.4K | — | — | — | — | — |
| EV/EBITDA | — | -30.6K | — | — | — | — | — |
| FCF yield | — | -0% | — | — | — | — | — |
| Metric | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | Current |
|---|---|---|---|---|---|---|---|
| ROE | — | -109.3% | 1.6K% | 466.2% | 15.1% | -40.9% | -40.9% |
| ROA | — | -101.4% | -201.6% | -4.5K% | 13.8% | -39.5% | -39.5% |
| Return on tangible assets | — | -101.4% | -201.6% | -4.5K% | 13.8% | -39.5% | -39.5% |
| Metric | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | Current |
|---|---|---|---|---|---|---|---|
| Current ratio | — | 13.9 | 0.89 | 0.09 | 11 | 14.6 | 14.6 |
| Quick ratio | — | 13.9 | 0.89 | 0.09 | 11 | 14.6 | 14.6 |
| Debt / equity | — | — | — | -0.95 | — | — | — |
| Debt / assets | — | — | — | 9.23 | — | — | — |
| Net debt / EBITDA | — | — | — | -0.2 | — | — | — |
| Interest coverage | — | — | — | -965.3 | 110.1 | -727.5 | -727.5 |
| Metric | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | Current |
|---|---|---|---|---|---|---|---|
| Revenue per share | — | 0 | 0 | 0 | 0 | — | — |
| EPS (basic) | — | -10.9 | -150.4 | -14.3K | 32.8 | — | — |
| EPS (diluted) | — | -10.9 | -150.4 | -14.3K | 32.8 | — | — |
| Book value per share | — | 7.03 | -6.67 | -3.1K | 217.6 | — | — |
| FCF per share | — | -5.77 | -53 | -823.4 | -121.2 | — | — |
| Cash per share | — | 7.24 | 44.4 | 204.6 | 198.6 | — | — |
| Capex per share | — | — | 0 | — | — | — | — |
| Metric | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | Current |
|---|---|---|---|---|---|---|---|
| Capex / operating cash flow | — | — | 0% | — | — | — | — |
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 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Net income | -1.9M | -2.3M | -51.2M | 1M | -6.9M |
| Depreciation & amortization | — | 0 | 240 | 4.3K | 5.3K |
| Stock-based compensation | 332.1K | 156.9K | 317.9K | 0 | 155.3K |
| Change in working capital | 100.1K | -77.9K | 107.6K | -95.6K | -225.4K |
| Operating cash flow | -1.4M | -2.2M | -2.9M | -3.7M | -8.1M |
| Capital expenditure | — | 0 | — | — | — |
| Investing cash flow | -32K | 0 | 0 | -6.4K | -4M |
| Dividends paid | — | — | — | — | — |
| Share repurchases | — | — | — | — | — |
| Financing cash flow | -1.6M | 831.9K | 2.2M | 9.2M | 14M |
| Net change in cash | -3.1M | -1.4M | -745.4K | 5.4M | 1.8M |
| Free cash flow | -1.4M | -1.1M | -3M | -3.7M | -8.6M |