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 % |
|---|---|---|---|---|---|---|
| Q2 26 | -$1.9 | -$1.78 | +6.3% | — | $0 | — |
| Q4 25 | -$9.99 | -$8.4 | +15.9% | — | — | — |
| Q3 25 | -$6.04 | -$9.98 | -65.2% | — | — | — |
| Q2 25 | -$4.3 | -$7.35 | -70.9% | — | — | — |
| Q1 25 | -$5.01 | -$0.72 | +85.6% | — | $0 | — |
| Q3 24 | -$2.42 | $10.9 | +548.8% | — | $0 | — |
| Q2 24 | -$4.85 | -$4.47 | +7.8% | — | $0 | — |
| Q1 24 | -$5.85 | -$3.05 | +47.9% | — | $0 | — |
| Q3 23 | -$0.33 | -$0.19 | +42.4% | — | $0 | — |
| Q1 23 | — | -$0.58 | — | — | $0 | — |
| Q4 22 | — | -$1.17 | — | — | $0 | — |
| Q3 22 | — | -$1.11 | — | — | $0 | — |
| Q2 22 | — | -$0.48 | — | — | $0 | — |
| Q1 22 | — | -$0.6 | — | — | $0 | — |
| Q3 20 | -$0.6 | -$0.6 | 0.0% | — | $0 | — |
| Q2 20 | -$0.6 | -$0.6 | 0.0% | — | $804 | — |
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 | — | -$22.6 | — | — | $0 | — |
| FY24 | — | $2.75 | — | — | $0 | — |
| FY23 | — | -$1.07 | — | — | — | — |
| FY22 | — | -$2.41 | — | — | $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 | $1.4K | $5.5K | $244 | $646 | $861 | $0 | $0 | — | $0 | $0 |
| YoY change | -86.1% | +293.2% | -95.6% | +164.8% | +33.3% | -100% | 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 | 1.4K | 5.5K | 244 | 646 | 861 | 0 | 0 | — | 0 | 0 |
| Cost of revenue | — | — | — | — | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — | — | — | — | — |
| Gross margin | — | — | — | — | — | — | — | — | — | — |
| Research & development | 974.7K | 2.1M | 3.8M | 2.5M | 1.8M | 3.2M | 16.1M | — | 10.6M | 33.4M |
| Selling, general & administrative | 823.6K | 1.3M | 1.4M | 1.4M | 1.4M | 2.6M | 7.3M | — | 6.2M | 6.8M |
| Operating expenses | 1.8M | 3.4M | 5.2M | 4M | 3.1M | 5.8M | 23.4M | — | 16.8M | 40.2M |
| Operating income | -1.8M | -3.4M | -5.2M | -4M | -3.1M | -5.8M | -23.4M | — | -16.8M | -40.2M |
| Operating margin | -127.9K% | -60.8K% | -2.1M% | -615.5K% | -362.2K% | — | — | — | — | — |
| Non-operating income, net | — | — | — | — | — | -760.4K | 5.6M | — | 19.7M | 448.2K |
| Pretax income | -1.8M | -3.4M | -5.2M | -4M | -3.1M | -6.9M | -18.1M | — | 2.8M | -39.7M |
| Income tax | — | — | — | — | — | — | — | — | — | — |
| Net income | -1.8M | -3.4M | -5.2M | -4M | -3.1M | -6.9M | -18.1M | — | 2.8M | -39.7M |
| Net margin | -128.5K% | -60.9K% | -2.1M% | -615.5K% | -362.2K% | — | — | — | — | — |
| EBITDA | -1.8M | -3.4M | -5.2M | -4M | -3.1M | -5.8M | -23.3M | — | -19.7M | -39.7M |
| EPS | -0.89 | -1.43 | -1.76 | -1.38 | -0.94 | -1.69 | -2.41 | -1.07 | 2.75 | -22.6 |
| Diluted EPS | -0.89 | -1.43 | -1.76 | -1.38 | -0.94 | -1.69 | -2.41 | -1.07 | 2.75 | -22.6 |
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | Q2 23 | Q3 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 | 1M | 1.1M | 2.1M | 1.6M | 2.6M | 4.3M | 5.5M | 8.7M | 9.8M | 9.4M | 7M | 9.5M |
| Selling, general & administrative | 1.9M | 1.4M | 1.6M | 1.1M | 1.9M | 1.7M | 2M | 1.4M | 2M | 1.4M | 1.7M | 2.7M |
| Operating expenses | 2.9M | 2.5M | 3.7M | 2.7M | 4.4M | 6M | 7.5M | 10.2M | 11.8M | 10.8M | 8.6M | 12.3M |
| Operating income | -2.9M | -2.5M | -3.7M | -2.7M | -4.4M | -6M | -7.5M | -10.2M | -11.8M | -10.8M | -8.6M | -12.3M |
| Operating margin | — | — | — | — | — | — | — | — | — | — | — | — |
| Non-operating income, net | 637.1K | 232.3K | 118.3K | 90K | 13.7M | 5.8M | 112.2K | 67.6K | 170.3K | 98K | 400.5K | 536.7K |
| Pretax income | -2.3M | -2.4M | -3.6M | -2.6M | 9.3M | -238.2K | -7.3M | -10.1M | -11.6M | -10.7M | -8.2M | -11.7M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — |
| Net income | -2.3M | -2.4M | -3.6M | -2.6M | 9.3M | -238.2K | -7.3M | -10.1M | -11.6M | -10.7M | -8.2M | -11.7M |
| Net margin | — | — | — | — | — | — | — | — | — | — | — | — |
| EBITDA | -2.9M | -2.4M | -3.5M | -2.7M | -7.7M | -5.8M | -7.3M | -10.1M | -11.6M | -10.7M | -8.6M | -12.3M |
| EPS | -0.27 | -0.19 | -0.19 | -0.13 | 0.31 | — | -5.25 | -7.25 | -6 | — | -1.26 | -1.28 |
| Diluted EPS | -0.27 | -0.19 | -0.19 | -0.13 | 0.31 | — | -5.25 | -7.25 | -6 | — | -1.26 | -1.28 |
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 | — | — | — | 844.3M | 571.2M | — | — | — | — | — | 95.5M |
| Enterprise value | — | — | — | 843.4M | 570.6M | — | — | — | — | — | 47.6M |
| Shares outstanding | 2.8M | 3.4M | 4M | 4.3M | 4.8M | 5.8M | 7.5M | 12.3M | 1M | 1.8M | 1.8M |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | — | — | — | — | 7.78 |
| P/S | — | — | — | 1.3M | 663.4K | — | — | — | — | — | — |
| P/B | — | — | — | 3.9K | -1K | — | — | — | — | — | 2.05 |
| EV/EBITDA | — | — | — | -212.4 | -183.5 | — | — | — | — | — | -1.2 |
| EV/Sales | — | — | — | 1.3M | 662.7K | — | — | — | — | — | — |
| Earnings yield | — | — | — | — | — | — | — | — | — | — | 12.9% |
| FCF yield | — | — | — | -0.39% | -0.43% | — | — | — | — | — | -28.1% |
| PEG | — | — | — | — | — | — | — | — | — | — | -0.09 |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating margin | -127.9K% | -60.8K% | -2.1M% | -615.5K% | -362.2K% | — | — | — | — | — | 0% |
| Net margin | -128.5K% | -60.9K% | -2.1M% | -615.5K% | -362.2K% | — | — | — | — | — | 0% |
| ROE | -5K% | -392.6% | -879.3% | -1.9K% | 557.4% | -173% | 1.3K% | — | 16.9% | 3.2K% | -172.3% |
| ROA | -357% | -277.3% | -342.8% | -356.7% | -408.9% | -55.2% | -260.8% | — | 14.7% | -432.6% | -81.1% |
| Return on tangible assets | -427.8% | -296.3% | -358.5% | -376.9% | -438.9% | -55.3% | -261.6% | — | 14.7% | -432.6% | -74.5% |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current ratio | 1 | 3.31 | 1.61 | 1.21 | 0.52 | 19.1 | 1.08 | — | 8.52 | 0.88 | 7.86 |
| Quick ratio | 1 | 3.31 | 1.61 | 1.21 | 0.52 | 19.1 | 1.08 | — | 8.52 | 0.88 | 7.85 |
| Debt / equity | 1.74 | — | — | — | — | 0.69 | — | — | — | — | 0 |
| Debt / assets | 0.12 | — | — | — | — | 0.22 | — | — | — | — | — |
| Net debt / EBITDA | 0.18 | — | — | — | — | 1.59 | — | — | — | — | — |
| Interest coverage | -216.5 | -846.7 | — | — | — | -22.5 | -63 | — | 37.2 | — | — |
| 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 |
| EPS (basic) | -0.89 | -1.43 | -1.76 | -1.38 | -0.94 | -1.69 | -2.41 | -1.07 | 2.75 | -22.6 | -22.6 |
| EPS (diluted) | -0.89 | -1.43 | -1.76 | -1.38 | -0.94 | -1.69 | -2.41 | -1.07 | 2.75 | -22.6 | -12.6 |
| Book value per share | 0.01 | 0.25 | 0.15 | 0.05 | -0.12 | 0.69 | -0.18 | — | 15.9 | -0.72 | 5.51 |
| FCF per share | -0.47 | -0.93 | -1.12 | -0.76 | -0.52 | -1.13 | -2.27 | — | -26.2 | -16 | -4.61 |
| Cash per share | 0.14 | 0.28 | 0.31 | 0.21 | 0.12 | 2.06 | 0.79 | — | 12.9 | 3.5 | 5.96 |
| Capex per share | — | — | — | 0 | 0.01 | 0.01 | 0 | — | — | — | — |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Capex / revenue | — | — | — | 0% | 7K% | — | — | — | — | — | — |
| Capex / operating cash flow | — | — | — | 0% | -2.43% | -0.89% | -0.01% | — | — | — | — |
| Payout ratio | — | — | — | — | — | — | — | — | — | — | 0% |
| FY21 | — | -$1.69 | — | — | $0 | — |
| FY20 | — | -$0.94 | — | — | $861 | — |
| FY19 | — | -$1.38 | — | — | $646 | — |
| FY18 | — | -$1.76 | — | — | $244 | — |
| FY17 | — | -$1.43 | — | — | $5.5K | — |
| FY16 | — | -$0.89 | — | — | $1.4K | — |
| Period | Q2 23 | Q3 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% |
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 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 477.8K | 393.6K | 966.8K | 1.3M | 915.9K | 589.8K | 11.9M | 5.9M | 13.3M | 6.2M |
| Receivables | 0 | — | — | — | — | — | — | — | — | — |
| Inventory | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 543.5K | 469K | 1.2M | 1.5M | 1.1M | 683.3K | 12.4M | 6.9M | 18.9M | 9.2M |
| Property, plant & equipment | 955 | 987 | 1.1K | 973 | 0 | 54.9K | 3.3K | 321 | — | — |
| Goodwill & intangibles | 90.6K | 83.7K | 77.7K | 66.9K | 59.9K | 52.1K | 19.4K | 20.8K | — | — |
| Total assets | 582.4K | 505.7K | 1.2M | 1.5M | 1.1M | 762.7K | 12.5M | 6.9M | 18.9M | 9.2M |
| Accounts payable | 218.9K | 335.7K | 145.7K | 367.3K | 250K | 307.2K | 287.2K | 3M | 1.7M | 2.5M |
| Short-term debt | 59.9K | 63.1K | — | — | — | — | — | — | — | — |
| Total current liabilities | 278.7K | 469.4K | 356K | 933.1K | 900.8K | 1.3M | 652.5K | 6.4M | 2.2M | 10.4M |
| Long-term debt | — | — | — | — | — | — | 2.7M | — | — | — |
| Total liabilities | 278.7K | 469.4K | 356K | 933.1K | 900.8K | 1.3M | 8.5M | 8.3M | 2.4M | 10.4M |
| Shareholders' equity | 303.6K | 36.3K | 856.3K | 596.2K | 214K | -559.5K | 4M | -1.3M | 16.5M | -1.3M |
| Total debt | 59.9K | 63.1K | — | — | — | — | 2.7M | — | — | — |
| Net debt | -397.2K | -308.9K | — | — | — | — | -9.2M | — | — | — |
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 23 | Q3 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 | 1.3M | 16.9M | 2.5M | 1M | 21.6M | 13.3M | 8.4M | 4.5M | 15.4M | 6.2M | 63.8M | 53.5M |
| Receivables | — | — | — | — | — | — | — | — | — | — | — | — |
| Inventory | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 1.5M | 17.9M | 3.5M | 1.4M | 24.5M | 18.9M | 13.6M | 9.5M | 21.5M | 9.2M | 65.6M | 56.7M |
| Property, plant & equipment | — | — | — | — | — | — | — | — | — | — | — | — |
| Goodwill & intangibles | 18.8K | 18K | — | — | — | — | — | — | — | — | — | — |
| Total assets | 1.5M | 17.9M | 3.5M | 1.4M | 24.5M | 18.9M | 13.6M | 9.5M | 21.5M | 9.2M | 67.4M | 56.7M |
| Accounts payable | 8M | 8.4M | 1.4M | 2M | 1.6M | 1.7M | 1.2M | 2.8M | 4.2M | 2.5M | 1.7M | 1.8M |
| Short-term debt | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current liabilities | 8.7M | 9.9M | 2.6M | 3.2M | 2.6M | 2.2M | 4.1M | 9.8M | 12.2M | 10.4M | 6.6M | 7.2M |
| Long-term debt | — | — | — | — | — | — | — | — | — | — | — | — |
| Total liabilities | 10M | 11.1M | 3.5M | 3.7M | 17.2M | 2.4M | 4.2M | 9.9M | 12.3M | 10.4M | 6.7M | 7.3M |
| Shareholders' equity | -8.5M | 6.8M | 77.1K | -2.3M | 7.3M | 16.5M | 9.5M | -382.6K | 9.2M | -1.3M | 60.7M | 49.4M |
| Total debt | — | — | — | — | — | — | — | — | — | — | — | — |
| Net debt | — | — | — | — | — | — | — | — | — | — | — | — |
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 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net income | -1.1M | -1.8M | -3.4M | -5.2M | -4M | -3.1M | -6.9M | -18.1M | 2.8M | -39.7M |
| Depreciation & amortization | 3.9K | 3.5K | 3.7K | 3.4K | 4.6K | 8.7K | 32.2K | 11.2K | 0 | — |
| Stock-based compensation | 282K | 298.6K | 387.7K | 554.2K | 348.1K | 144.2K | 362.1K | 487.6K | 825.8K | 857.6K |
| Change in working capital | 27.8K | 182.9K | -213.1K | 228.4K | 601.2K | 504.5K | -1M | 2.7M | -6.1M | 806K |
| Operating cash flow | -750.1K | -1.3M | -3.2M | -4.5M | -3M | -2.5M | -7.2M | -14.6M | 1M | -28.1M |
| Capital expenditure | 0 | — | — | — | 0 | -59.8K | 64.8K | -2K | — | — |
| Investing cash flow | -20.7K | -107 | -115 | -107 | -112 | -61.6K | 68.8K | -2K | -693 | -702 |
| Dividends paid | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | -1.2M | — | — | — |
| Financing cash flow | 1.3M | 1.2M | 3.6M | 3.9M | 2.8M | 0 | 14.8M | 5M | 27.8M | 20.2M |
| Net change in cash | 490.6K | -93.4K | 445.3K | -565.4K | -189.6K | -2.5M | 7.7M | -9.7M | 28.9M | -7.9M |
| Free cash flow | -796.2K | -1.3M | -3.2M | -4.5M | -3.3M | -2.5M | -6.5M | -17M | -27.2M | -28.1M |
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 23 | Q3 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income | -2.3M | -2.4M | -3.6M | -2.6M | 9.3M | -238.2K | -7.3M | -10.1M | -11.6M | -10.7M | -8.2M | -11.7M |
| Depreciation & amortization | 1.2K | 345 | 0 | 0 | 0 | 0 | — | — | — | — | — | — |
| Stock-based compensation | 134.2K | 0 | 63.6K | 18K | 121K | 623.2K | 245.3K | 212K | 197.1K | 203.2K | 189.4K | 408.9K |
| Change in working capital | 812.9K | 623.9K | -6.4M | 611.6K | -439.9K | 162.2K | -537.3K | 1.6M | 1.4M | -1.7M | -826.6K | 76.7K |
| Operating cash flow | -1.4M | -1.7M | -10M | -2M | 9M | 577.2K | -7.6M | -3.9M | -10.1M | -9.3M | -12.4M | -10.4M |
| Capital expenditure | 0 | 0 | — | — | — | — | — | — | — | — | — | — |
| Investing cash flow | 0 | 0 | — | — | — | — | — | — | — | — | — | — |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | 0 | 18.3M | 190.3K | 0 | 27.2M | 470K | 0 | 0 | 20.2M | -1 | 70.1M | 0 |
| Net change in cash | -1.4M | 16.5M | -9.8M | -2M | 36.1M | 1M | -7.6M | -3.9M | 10.2M | -9.3M | 57.7M | -10.4M |
| Free cash flow | -2.1M | -2.4M | -10.3M | -1.5M | -6.7M | -8.7M | -4.9M | -3.9M | -10.1M | -9.3M | -12.4M | -10.4M |