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 | -$0.27 | -$0.78 | -188.9% | — | — | — |
| Q2 26 | -$0.18 | -$0.39 | -116.7% | — | — | — |
| Q1 26 | -$0.04 | -$0.61 | -1425.0% | — | $0 | — |
| Q3 25 | -$0.03 | -$0.24 | -700.0% | — | $0 | — |
| Q2 25 | -$0.1 | -$0.08 | +20.0% | — | — | — |
| Q1 25 | -$0.05 | -$0.12 | -140.0% | — | — | — |
| Q4 24 | -$0.09 | -$0.06 | +33.3% | — | — | — |
| Q3 24 | -$0.1 | -$0.05 | +50.0% | — | — | — |
| Q2 24 | -$0.08 | -$0.06 | +25.0% | — | $0 | — |
| Q1 24 | -$0.04 | -$0.05 | -25.0% | — | $0 | — |
| Q4 23 | -$0.03 | -$0.06 | -100.0% | — | $0 | — |
| Q3 23 | -$0.14 | -$0.15 | -7.1% | — | $0 | — |
| Q2 23 | -$0.2 | -$0.12 | +40.0% | — | $0 | — |
| Q1 23 | -$0.14 | -$0.07 | +50.0% | — | $0 | — |
| Q4 22 | -$0.08 | -$0.17 | -112.5% | — | $0 | — |
| Q3 22 | -$0.08 | -$0.09 | -12.5% | — | $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 | — | -$1.08 | — | — | $0 | — |
| FY24 | — | -$0.22 | — | — | $0 | — |
| FY23 | — | -$0.3 | — | — | $0 | — |
| FY22 | — | -$0.46 | — | — | $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 | 1M | 639.7K | 267.1K | 249.3K | 96.6K | 58.9K | 61.3K | 83.7K | 119.6K | 168K |
| Gross profit | -1M | -639.7K | -267.1K | -249.3K | -96.6K | -58.9K | -61.3K | -83.7K | -119.6K | -168K |
| Gross margin | — | — | — | — | — | — | — | — | — | — |
| Research & development | — | — | — | — | — | — | — | — | — | — |
| Selling, general & administrative | 2.4M | 3.2M | 2.7M | 3.8M | 3.1M | 18M | 5M | 3.9M | 4.7M | 6.5M |
| Operating expenses | 11.7M | 24.6M | 28.1M | 31M | 29.9M | 41.2M | 29.2M | 14.1M | 14.7M | 112.8M |
| Operating income | -12.7M | -25.2M | -28.4M | -31.2M | -30M | -41.3M | -29.3M | -14.2M | -14.8M | -113M |
| Operating margin | — | — | — | — | — | — | — | — | — | — |
| Non-operating income, net | -31.5M | 18.8M | -17M | 22.1M | -187.6M | 5.6M | 98.1K | -5M | 45K | 535K |
| Pretax income | -46.2M | -8.3M | -47.3M | -11.3M | -220.6M | -36M | -28.7M | -18.8M | -14.5M | -100.4M |
| Income tax | — | — | — | — | — | — | — | — | — | — |
| Net income | -46.2M | -8.3M | -47.3M | -11.3M | -220.6M | -36M | -28.7M | -18.8M | -14.5M | -100.4M |
| Net margin | — | — | — | — | — | — | — | — | — | — |
| EBITDA | -11.9M | -24.3M | -27.5M | -30.4M | -29.6M | -41.2M | -29.3M | -9.1M | -14.7M | -112.8M |
| EPS | -2.7 | -0.5 | -2.2 | -0.44 | -6.45 | -0.66 | -0.46 | -0.3 | -0.22 | -1.08 |
| Diluted EPS | -2.7 | -0.5 | -2.2 | -0.44 | -6.45 | -0.66 | -0.46 | -0.3 | -0.22 | -1.08 |
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 |
| Cost of revenue | 23.8K | 24.2K | 26.4K | 31.4K | — | — | — | — | 35.7K | 69.1K | 115K | 163K |
| Gross profit | -23.8K | -24.2K | -26.4K | -31.4K | — | — | — | — | -35.7K | -69.1K | -115K | -163K |
| Gross margin | — | — | — | — | — | — | — | — | — | — | — | — |
| Research & development | — | — | — | — | — | — | — | — | — | — | — | — |
| Selling, general & administrative | 814.3K | 1.1M | 1.3M | 1.1M | — | — | — | — | 1.5M | 2.8M | 3.4M | 2.5M |
| Operating expenses | 2.7M | 3.9M | 2.9M | 3.7M | — | — | — | — | 30.4M | 67.1M | 55.5M | 105M |
| Operating income | -2.7M | -3.9M | -3M | -3.7M | — | — | — | — | -30.4M | -67.2M | -55.6M | -105.1M |
| Operating margin | — | — | — | — | — | — | — | — | — | — | — | — |
| Non-operating income, net | -12.6K | 20.7K | -5.5K | -2.5K | — | — | — | — | -24.1K | 534.3K | 21K | -14K |
| Pretax income | -2.6M | -3.9M | -2.9M | -3.7M | — | — | — | — | -25.8M | -60.4M | -48.6M | -97.5M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — |
| Net income | -2.6M | -3.9M | -2.9M | -3.7M | — | — | — | — | -25.8M | -60.4M | -48.6M | -97.5M |
| Net margin | — | — | — | — | — | — | — | — | — | — | — | — |
| EBITDA | -2.7M | -3.9M | -2.9M | -3.7M | -3.6M | -4.5M | -8.5M | -6.8M | -30.4M | -67.1M | -55.5M | -105M |
| EPS | -0.04 | — | -0.05 | -0.06 | -0.05 | — | -0.12 | -0.08 | -0.24 | — | -0.39 | -0.78 |
| Diluted EPS | -0.04 | — | -0.05 | -0.06 | -0.05 | — | -0.12 | -0.08 | -0.24 | — | -0.39 | -0.78 |
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 | — | — | — | — | — | — | — | 200.3M | 700.2M | — | 2.7B |
| Enterprise value | — | — | — | — | — | — | — | 197.1M | 656.1M | — | 2.2B |
| Shares outstanding | 17.4M | 18.4M | 21.7M | 25.5M | 34.2M | 54.5M | 63M | 63.2M | 65.6M | 93.2M | 93.2M |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | — | — | — | — | -20.2 |
| P/B | — | — | — | — | — | — | — | 2.77 | 6.43 | — | 3.79 |
| EV/EBITDA | — | — | — | — | — | — | — | -21.6 | -44.7 | — | -8.18 |
| Earnings yield | — | — | — | — | — | — | — | — | — | — | -4.95% |
| FCF yield | — | — | — | — | — | — | — | -10.8% | -2.08% | — | -6.12% |
| PEG | — | — | — | — | — | — | — | — | — | — | -0.02 |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | — | — | — | — | — | — | 0% |
| Net margin | — | — | — | — | — | — | — | — | — | — | 0% |
| ROE | -123% | -24.1% | -177.4% | -34.5% | -382.8% | -32.2% | -33.5% | -26% | -13.3% | -11.7% | -37.8% |
| ROA | -42.3% | -9.15% | -46.4% | -12.5% | -224.8% | -28.9% | -28.9% | -22.6% | -12.3% | -11.4% | -25.6% |
| Return on tangible assets | -42.3% | -9.15% | -46.4% | -12.5% | -224.8% | -28.9% | -28.9% | -22.6% | -12.3% | -11.4% | -30% |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current ratio | 12 | 5.5 | 9.01 | 4.18 | 6.55 | 8.55 | 1.9 | 0.88 | 7.01 | 51.1 | 12.3 |
| Quick ratio | 12 | 5.5 | 9.01 | 4.18 | 6.55 | 8.55 | 1.9 | 0.88 | 7.01 | 51.1 | 12.3 |
| Debt / equity | 0.52 | 0.67 | 0.88 | 0.85 | 0.17 | 0 | 0 | 0 | 0 | 0 | 0.01 |
| Debt / assets | 0.18 | 0.25 | 0.23 | 0.31 | 0.1 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net debt / EBITDA | 1.5 | -0.17 | 0.23 | -0.34 | 0.51 | 1.16 | 0.77 | 0.35 | 3 | 6.33 | 2.21 |
| Interest coverage | -26.6 | -2.71 | -18.1 | -3.17 | -64.8 | -98.2 | — | — | — | — | — |
| 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 | 0 |
| EPS (basic) | -2.7 | -0.5 | -2.2 | -0.44 | -6.45 | -0.66 | -0.46 | -0.3 | -0.22 | -1.08 | -1.08 |
| EPS (diluted) | -2.7 | -0.5 | -2.2 | -0.44 | -6.45 | -0.66 | -0.46 | -0.3 | -0.22 | -1.08 | -1.91 |
| Book value per share | 2.16 | 1.87 | 1.23 | 1.29 | 1.68 | 2.05 | 1.36 | 1.14 | 1.66 | 9.24 | 5.75 |
| FCF per share | -0.65 | -1.16 | -1.28 | -1.07 | -0.86 | -0.53 | -0.4 | -0.34 | -0.22 | -1.27 | -1.8 |
| Cash per share | 2.14 | 1.03 | 1.38 | 0.69 | 0.73 | 0.88 | 0.36 | 0.05 | 0.67 | 7.66 | 4.59 |
| Capex per share | 0.05 | 0.03 | 0.02 | 0.01 | 0.02 | 0.01 | 0.01 | 0.01 | 0.09 | — | — |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Capex / operating cash flow | -1.86% | -22.8% | -0.9% | -4.99% | -0.24% | -1.35% | -1.63% | -1.71% | -57.2% | — | — |
| Payout ratio | 0% | 0% | 0% | 0% | 0% | — | — | — | — | — | 0% |
| FY21 | — | -$0.66 | — | — | $0 | — |
| FY20 | — | -$6.45 | — | — | $0 | — |
| FY19 | — | -$0.44 | — | — | $0 | — |
| FY18 | — | -$2.2 | — | — | $0 | — |
| FY17 | — | -$0.5 | — | — | $0 | — |
| FY16 | — | -$2.7 | — | — | $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 |
| YoY change | 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 | 37.2M | 18.9M | 29.9M | 17.5M | 25M | 47.9M | 22.7M | 3.2M | 44.1M | 714.2M |
| Receivables | 23.3K | 36.8K | 264K | 123.6K | 107.7K | 279.9K | 280.1K | 3.2M | 2.6M | 1.8M |
| Inventory | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 37.5M | 19.2M | 30.4M | 18.4M | 25.8M | 49.1M | 23.6M | 6.9M | 47.4M | 748.5M |
| Property, plant & equipment | 69.1M | 68.9M | 69.1M | 69.4M | 69.8M | 70M | 70.6M | 71M | 64.9M | 66.7M |
| Goodwill & intangibles | — | — | — | — | — | — | — | — | — | — |
| Total assets | 109M | 90.6M | 102M | 90.5M | 98.1M | 124.5M | 99.4M | 83.1M | 117.6M | 877.6M |
| Accounts payable | 1.3M | 3.2M | 2.9M | 4.2M | 3.7M | 2.8M | 2.7M | 5M | 5.7M | 13.6M |
| Short-term debt | — | — | — | 178.3K | 201.8K | 70K | 70.4K | 27.9K | 28.3K | 88K |
| Total current liabilities | 3.1M | 3.5M | 3.4M | 4.4M | 3.9M | 5.7M | 12.4M | 7.8M | 6.8M | 14.7M |
| Long-term debt | 19.3M | 22.9M | 23.4M | 27.6M | 9.6M | — | — | — | — | 156K |
| Total liabilities | 71.5M | 56.3M | 75.3M | 57.8M | 40.5M | 12.9M | 13.6M | 10.8M | 8.8M | 16.3M |
| Shareholders' equity | 37.5M | 34.4M | 26.7M | 32.7M | 57.6M | 111.6M | 85.8M | 72.3M | 108.9M | 861.3M |
| Total debt | 19.3M | 22.9M | 23.4M | 27.8M | 9.8M | 70K | 70.4K | 27.9K | 28.3K | 244K |
| Net debt | -17.8M | 4M | -6.5M | 10.3M | -15.2M | -47.8M | -22.6M | -3.2M | -44.1M | -713.9M |
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 | 7.1M | 3.2M | 8M | 1.9M | 11.2M | 44.1M | 19.1M | 425.4M | 445.8M | 714.2M | 669.5M | 574.2M |
| Receivables | 2M | 3.2M | 1.9M | 7.6M | 8.8M | 2.6M | 2.7M | 2.1M | 2.6M | 1.8M | 3M | 3.3M |
| Inventory | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 10.4M | 6.9M | 10.4M | 10.2M | 21M | 47.4M | 41.3M | 447M | 460.2M | 748.5M | 698.6M | 599.4M |
| Property, plant & equipment | 72.9M | 71M | 64.5M | 64.5M | 64.8M | 64.9M | 66.8M | 66.8M | 67.1M | 66.7M | 71M | 73.1M |
| Goodwill & intangibles | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | 86.7M | 83.1M | 78.3M | 78.3M | 89.3M | 117.6M | 111.5M | 518M | 544.9M | 877.6M | 854.7M | 773.5M |
| Accounts payable | 5.5M | 5M | 2.7M | 4.3M | 7.3M | 5.7M | 5.9M | 5.2M | 10.8M | 13.6M | 32.4M | 46.7M |
| Short-term debt | 55.3K | 27.9K | 11.3K | 60.7K | 44.7K | 28.3K | 11.5K | 65.7K | 48.7K | 88K | 811K | 875K |
| Total current liabilities | 8.4M | 7.8M | 5M | 6.7M | 9.1M | 6.8M | 6.9M | 6.3M | 10.9M | 14.7M | 34.2M | 48.6M |
| Long-term debt | — | — | — | — | — | — | — | — | — | 156K | 2.8M | 2.8M |
| Total liabilities | 13.3M | 10.8M | 8M | 9.7M | 12.1M | 8.8M | 8.9M | 8.3M | 12.9M | 16.3M | 38.5M | 53.7M |
| Shareholders' equity | 73.3M | 72.3M | 70.4M | 68.6M | 77.2M | 108.9M | 102.6M | 509.7M | 532M | 861.3M | 816.2M | 719.9M |
| Total debt | 55.3K | 27.9K | 11.3K | 60.7K | 44.7K | 28.3K | 11.5K | 65.7K | 48.7K | 244K | 3.6M | 3.6M |
| Net debt | -7M | -3.2M | -8M | -1.8M | -11.2M | -44.1M | -19.1M | -425.3M | -445.8M | -713.9M | -665.9M | -570.6M |
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 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net income | -46.2M | -8.3M | -47.3M | -11.3M | -220.6M | -36M | -28.7M | -18.8M | -14.5M | -100.4M |
| Depreciation & amortization | 1M | 639.7K | 267.1K | 249.3K | 96.6K | 58.9K | 61.3K | 83.7K | 119.6K | 168K |
| Stock-based compensation | 745.8K | 1.6M | 1.3M | 2.9M | 1.5M | 3.9M | 2.9M | 3M | 3.9M | 3.9M |
| Change in working capital | 639.8K | 1.9M | -162.8K | 149.9K | 15.8K | -4.8M | -7.4M | -11.6M | -967K | 8.6M |
| Operating cash flow | -42.3M | -2.2M | -44M | -5.9M | -215.9M | -24.2M | -28.6M | -26.3M | -9.9M | -104.6M |
| Capital expenditure | -786.8K | -495.4K | -396.3K | -292.4K | -520.8K | -325.4K | -465.8K | -449.8K | 5.7M | — |
| Investing cash flow | -786.8K | -495.4K | -396.3K | -292.4K | -520.8K | -3.3M | -465.8K | -449.8K | 5.7M | — |
| Dividends paid | 0 | 0 | 0 | 0 | 0 | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | 44M | 1 | 37.5M | 14M | 34.8M | 54.3M | 0 | 2.1M | 43.6M | 841.8M |
| Net change in cash | 884.8K | -2.7M | -6.9M | 7.8M | -181.6M | 26.7M | -29M | -24.7M | 39.4M | 737.2M |
| Free cash flow | -11.3M | -21.4M | -27.7M | -27.4M | -29.3M | -29M | -25.2M | -21.6M | -14.6M | -118.4M |
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 | 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 | -2.6M | -3.9M | -2.9M | -3.7M | -3.6M | -4.3M | -8.2M | -6M | -25.8M | -60.4M | -48.6M | -97.5M |
| Depreciation & amortization | 23.8K | 24.2K | 26.4K | 31.4K | 30.9K | 30.9K | 30.9K | 32.2K | 35.9K | 69.1K | 115K | 163K |
| Stock-based compensation | 696.1K | 717.2K | 1M | 950.2K | 947.5K | 991.2K | 1.2M | 475.4K | 862.5K | 1.3M | 1.8M | 1.2M |
| Change in working capital | 1.9M | -4M | -1.2M | -4.4M | 1.8M | 4.3M | 129.7K | -1M | 6M | 3.5M | -1.1M | -312K |
| Operating cash flow | -32.5K | -6.9M | -3M | -6.7M | 24.3K | 1.1M | -6.8M | -6.6M | -12.1M | -60.3M | -27M | -80.9M |
| Capital expenditure | -275.1K | -45K | -18K | 8.2M | -532.8K | -2M | 0 | — | — | — | — | — |
| Investing cash flow | -275.1K | -45K | 8.3M | 8.2M | -532.8K | -2M | 0 | — | — | — | — | — |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | — | — | — | — | 11M | 33.2M | — | — | 58.9M | 368M | -27K | -43K |
| Net change in cash | -307.6K | -6.9M | 5.4M | 1.5M | 10.5M | 32.4M | -6.8M | -6.6M | 46.8M | 307.8M | -27.1M | -81M |
| Free cash flow | -7M | -6M | -3.5M | -7.2M | -1.9M | -2M | -25.6M | -7.4M | -25.8M | -59.6M | -46.4M | -93.9M |