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 24 | -$124.8 | -$48 | +61.5% | — | $0 | — |
| Q1 24 | -$288 | -$326.4 | -13.3% | — | $0 | — |
| Q4 23 | -$154.8 | -$420 | -171.3% | — | $0 | — |
| Q3 23 | -$1.4 | $0.48 | +134.3% | — | $0 | — |
| Q2 23 | -$300 | -$230.4 | +23.2% | — | $0 | — |
| Q1 23 | — | -$0.22 | — | — | $0 | — |
| Q4 22 | -$180 | -$348 | -93.3% | — | $0 | — |
| Q3 22 | — | -$0.2 | — | — | $0 | — |
| Q2 22 | -$192 | -$204 | -6.3% | — | $0 | — |
| Q1 22 | -$672 | -$192 | +71.4% | — | $0 | — |
| Q4 21 | -$0.55 | -$0.17 | +69.1% | — | $0 | — |
| Q3 21 | -$516 | -$216 | +58.1% | — | $0 | — |
| Q2 21 | -$612 | -$192 | +68.6% | — | $0 | — |
| Q1 21 | -$672 | -$276 | +58.9% | — | $0 | — |
| Q4 20 | -$132 | -$132 | 0.0% | — | $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 | — | — | — | — | $17K | — |
| FY24 | — | -$105.5 | — | — | $0 | — |
| FY23 | — | -$122.9 | — | — | $0 | — |
| FY22 | — | -$63.5 | — | — | $0 | — |
| FY21 | — | -$174 |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $17K |
| YoY change | — | 0% | 0% | 0% | 0% | 0% | 0% | +InfinityT% |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period |
|---|
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 17K |
| Cost of revenue | — | — | — | — | — | 0 | 0 | 70K |
| Gross profit | — | — | — | — | — | 0 | 0 | -53K |
| Gross margin | — | — | — | — | — | — | — | -311.8% |
| Research & development | 223K | 136K | 354K | 2.9M | 4.4M | 6M | 11.7M | 1.1M |
| Selling, general & administrative | 277K | 553K | 1.3M | 4.3M | 4.4M | 3.5M | 3M | 3.2M |
| Operating expenses | 500K | 689K | 1.7M | 7.2M | 8.9M | 9.6M | 14.7M | 4.3M |
| Operating income | -500K | -689K | -1.7M | -7.2M | -8.9M | -9.6M | -14.7M | -5.1M |
| Operating margin | — | — | — | — | — | — | — | -30.1K% |
| Non-operating income, net | -3K | — | -1.1M | -22K | -61K | 1.7M | 6K | -2K |
| Pretax income | -828K | -1.3M | -3.8M | -7.2M | -8.8M | -9.3M | -14.6M | -5M |
| Income tax | 0 | 0 | 220K | 6K | 9K | 8K | 8K | 8K |
| Net income | -828K | -1.3M | -4.1M | -7.2M | -8.8M | -9.3M | -14.6M | -5M |
| Net margin | — | — | — | — | — | — | — | -29.5K% |
| EBITDA | -501K | -737K | -1.7M | -7.2M | -8.8M | -11.3M | -14.7M | -4.3M |
| EPS | -1.43 | -4.16 | -12.5 | -174 | -63.5 | -122.9 | -105.5 | — |
| Diluted EPS | -1.43 | -4.16 | -12.5 | -174 | -63.5 | -122.9 | -105.5 | — |
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | Q3 21 | Q4 21 | Q1 22 | Q2 22 | Q3 22 | Q4 22 | Q1 23 | Q2 23 | Q3 23 | Q4 23 | Q1 24 | Q2 24 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost of revenue | — | — | — | — | — | — | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — | — | — | — | — | — | — |
| Gross margin | — | — | — | — | — | — | — | — | — | — | — | — |
| Research & development | 573K | 556K | 680K | 743K | 1.1M | 1.9M | 1.5M | 1.2M | 589K | 2.7M | 4.7M | 6.7M |
| Selling, general & administrative | 1.2M | 1.2M | 992K | 1.1M | 1M | 1.3M | 962K | 1M | 763K | 818K | 823K | 680K |
| Operating expenses | 1.8M | 1.7M | 1.7M | 1.8M | 2.1M | 3.3M | 2.4M | 2.3M | 1.4M | 3.6M | 5.6M | 7.3M |
| Operating income | -1.8M | -1.7M | -1.7M | -1.8M | -2.1M | -3.3M | -2.4M | -2.3M | -1.4M | -3.6M | -5.6M | -7.3M |
| Operating margin | — | — | — | — | — | — | — | — | — | — | — | — |
| Non-operating income, net | 0 | 18K | -19K | — | -76K | 8K | 3K | -6K | 1.6M | 85K | — | — |
| Pretax income | -1.8M | -1.7M | -1.7M | -1.8M | -2.1M | -3.2M | -2.3M | -2.2M | 36K | -4.9M | -5.5M | -7.3M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — |
| Net income | -1.8M | -1.7M | -1.7M | -1.8M | -2.1M | -3.2M | -2.3M | -2.2M | 36K | -4.9M | -5.5M | -7.3M |
| Net margin | — | — | — | — | — | — | — | — | — | — | — | — |
| EBITDA | -1.8M | -1.7M | -1.7M | -1.8M | -2M | -3.2M | -2.4M | -2.2M | -3M | -3.6M | -5.6M | -7.3M |
| EPS | — | — | -1.6 | — | — | — | -2.12 | — | — | — | -65.3 | — |
| Diluted EPS | — | — | -1.6 | — | — | — | -2.12 | — | — | — | -65.3 | — |
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 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| Market cap | — | — | — | — | — | — | — | — | 3.4M |
| Enterprise value | — | — | — | — | — | — | — | — | -7.9M |
| Shares outstanding | 579.6K | 579.6K | 324.4K | 41.6K | 138.5K | 76K | 138.3K | — | — |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | — | — | 0.01 |
| P/S | — | — | — | — | — | — | — | — | 110.2 |
| P/B | — | — | — | — | — | — | — | — | 0.19 |
| EV/EBITDA | — | — | — | — | — | — | — | — | 1.87 |
| EV/Sales | — | — | — | — | — | — | — | — | -255.2 |
| Earnings yield | — | — | — | — | — | — | — | — | 6.7K% |
| FCF yield | — | — | — | — | — | — | — | — | -64.4% |
| PEG | — | — | — | — | — | — | — | — | -0.08 |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| Gross margin | — | — | — | — | — | — | — | -311.8% | -311.8% |
| Operating margin | — | — | — | — | — | — | — | -30.1K% | -18.1K% |
| Net margin | — | — | — | — | — | — | — | -29.5K% | -311.8% |
| ROE | 18.6% | 22.7% | -24.4% | -40.1% | -79.8% | -129.1% | -799.8% | -54.1% | -45.3% |
| ROA | -1K% | -109.9% | -22.8% | -38% | -71.3% | -94.1% | -322.4% | -41.9% | -21.9% |
| ROIC | -2.2K% | 176.7% | -177.2% | -466.5% | -1.1K% | 1.4K% | 613.4% | -99.1% | -99.1% |
| Return on tangible assets | -1K% | -109.9% | -22.8% | -38% | -71.3% | -94.1% | -322.4% | 157.7% | -568.8% |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| Current ratio | 4.44 | 0.15 | 18.5 | 25.1 | 11.5 | 4.07 | 1.81 | 1.78 | 5.07 |
| Quick ratio | 4.44 | 0.15 | 18.5 | 25.1 | 11.5 | 4.07 | 1.81 | 1.78 | 0.61 |
| Debt / equity | -1.01 | -1.1 | — | — | — | 0.01 | 0.02 | 0 | 0 |
| Debt / assets | 55.8 | 5.3 | — | — | — | 0.01 | 0.01 | 0 | 0.02 |
| Net debt / EBITDA | -8.94 | -7.1 | — | — | — | 0.7 | 0.29 | 0.95 | 0.14 |
| Interest coverage | -1.56 | -1.36 | -2.88 | — | — | — | — | — | — |
| Effective tax rate | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| Revenue per share | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — | 0.03 |
| EPS (basic) | -1.43 | -4.16 | -12.5 | -174 | -63.5 | -122.9 | -105.5 | — | — |
| EPS (diluted) | -1.43 | -4.16 | -12.5 | -174 | -63.5 | -122.9 | -105.5 | — | -4.09 |
| Book value per share | -7.69 | -9.7 | 51.2 | 434.2 | 79.5 | 95.2 | 13.2 | — | 5.22 |
| FCF per share | -1.1 | -1.05 | -7.91 | -158.5 | -46.7 | -88 | -91.4 | — | -5.44 |
| Cash per share | 0.07 | 1.62 | 48.3 | 397.1 | 73.5 | 105.6 | 30.8 | — | 3.79 |
| Capex per share | — | 0 | 0.03 | 1.2 | 0.04 | — | — | — | — |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| Capex / operating cash flow | — | 0% | -0.25% | -0.72% | -0.09% | — | — | — | -0.15% |
| Payout ratio | — | — | — | — | — | — | — | — | 0% |
| — |
| — |
| $0 |
| — |
| FY20 | — | -$12.5 | — | — | $0 | — |
| FY19 | — | -$4.16 | — | — | $0 | — |
| FY18 | — | -$1.43 | — | — | $0 | — |
| Q3 21 |
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| Q4 21 |
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| Q1 22 |
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| Q2 22 |
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| Q3 22 |
|---|
| Q4 22 |
|---|
| Q1 23 |
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| Q2 23 |
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| Q3 23 |
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| Q4 23 |
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| Q1 24 |
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| Q2 24 |
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| 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 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 40K | 941K | 15.7M | 16.5M | 10.2M | 8M | 4.3M | 4.1M |
| Receivables | — | — | — | — | — | — | — | — |
| Inventory | — | — | — | — | — | — | — | — |
| Total current assets | 80K | 972K | 17.8M | 19M | 12.3M | 9.8M | 4.4M | 4.4M |
| Property, plant & equipment | — | — | — | — | — | 38K | 35K | 30K |
| Goodwill & intangibles | — | — | — | — | — | — | 0 | 15.2M |
| Total assets | 81K | 1.2M | 17.8M | 19.1M | 12.3M | 9.9M | 4.5M | 12M |
| Accounts payable | 2K | 0 | 720K | 136K | 209K | 221K | 296K | 213K |
| Short-term debt | — | 6.2M | — | — | — | 56K | 45K | 21K |
| Total current liabilities | 18K | 6.3M | 961K | 757K | 1.1M | 2.4M | 2.4M | 2.4M |
| Long-term debt | 4.5M | — | — | — | — | 30K | 0 | — |
| Total liabilities | 4.5M | 6.8M | 1.2M | 991K | 1.3M | 2.7M | 2.7M | 2.7M |
| Shareholders' equity | -4.5M | -5.6M | 16.6M | 18.1M | 11M | 7.2M | 1.8M | 9.3M |
| Total debt | 4.5M | 6.2M | — | — | — | 86K | 45K | 21K |
| Net debt | 4.5M | 5.2M | — | — | — | -7.9M | -4.2M | -3.1M |
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 21 | Q4 21 | Q1 22 | Q2 22 | Q3 22 | Q4 22 | Q1 23 | Q2 23 | Q3 23 | Q4 23 | Q1 24 | Q2 24 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 18.3M | 16.5M | 15.4M | 13.8M | 13M | 10.2M | 8.1M | 6.2M | 8.6M | 8M | 4.3M | 2.8M |
| Receivables | — | — | — | — | — | — | — | — | — | — | — | — |
| Inventory | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 20.3M | 19M | 17.7M | 15.9M | 14.8M | 12.3M | 10.4M | 8.3M | 10.7M | 9.8M | 5.2M | 3M |
| Property, plant & equipment | — | — | — | — | — | — | — | — | 43K | 38K | 41K | 42K |
| Goodwill & intangibles | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | 20.3M | 19.1M | 17.7M | 16M | 14.9M | 12.3M | 10.4M | 8.3M | 10.9M | 9.9M | 5.4M | 3.1M |
| Accounts payable | 171K | 136K | 334K | 212K | 385K | 209K | 313K | 70K | 214K | 221K | 209K | 119K |
| Short-term debt | — | — | — | — | — | — | — | — | 55K | 56K | 57K | 57K |
| Total current liabilities | 628K | 757K | 768K | 549K | 1.2M | 1.1M | 1.3M | 1.1M | 1.1M | 2.4M | 3.3M | 4.9M |
| Long-term debt | — | — | — | — | — | — | — | — | 39K | 30K | 15K | 2K |
| Total liabilities | 856K | 991K | 1M | 787K | 1.4M | 1.3M | 1.5M | 1.3M | 2.2M | 2.7M | 3.5M | 5.1M |
| Shareholders' equity | 19.5M | 18.1M | 16.7M | 15.2M | 13.4M | 11M | 8.9M | 7M | 8.6M | 7.2M | 1.8M | -2M |
| Total debt | — | — | — | — | — | — | — | — | 94K | 86K | 72K | 59K |
| Net debt | — | — | — | — | — | — | — | — | -7.5M | -7.9M | -4.3M | -2.7M |
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 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|
| Net income | -828K | -1.3M | -4.1M | -7.2M | -8.8M | -9.3M | -14.6M | -5M |
| Depreciation & amortization | — | 1K | — | 7K | 15K | 15K | 16K | 774K |
| Stock-based compensation | 0 | 89K | 38K | 812K | 1.4M | 804K | 310K | 447K |
| Change in working capital | -90K | -368K | -1.2M | -933K | 73K | 12K | 76K | -243K |
| Operating cash flow | -594K | -944K | -4M | -6.9M | -7.1M | -6.7M | -12.6M | -4M |
| Capital expenditure | — | 0 | -10K | -50K | -6K | — | — | — |
| Investing cash flow | — | 0 | -10K | -50K | -6M | 6M | 0 | -980K |
| Dividends paid | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — |
| Financing cash flow | 976K | 3M | 17.3M | 5.6M | 0 | 771K | 4.1M | 3.8M |
| Net change in cash | 382K | 2.1M | 13.3M | -1.4M | -13.1M | 92K | -8.5M | -1.1M |
| Free cash flow | -635K | -609K | -2.6M | -6.6M | -6.5M | -6.7M | -12.6M | -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 21 | Q4 21 | Q1 22 | Q2 22 | Q3 22 | Q4 22 | Q1 23 | Q2 23 | Q3 23 | Q4 23 | Q1 24 | Q2 24 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income | -1.8M | -1.7M | -1.7M | -1.8M | -2.1M | -3.2M | -2.3M | -2.2M | 36K | -4.9M | -5.5M | -7.3M |
| Depreciation & amortization | 2K | 3K | 2K | 0 | 7K | 6K | 2K | 4K | 3K | 6K | 4K | 4K |
| Stock-based compensation | 215K | 230K | 210K | 220K | 223K | 736K | 180K | 261K | 182K | 181K | 115K | 83K |
| Change in working capital | 184K | -544K | 438K | 22K | 410K | -176K | -29K | -133K | 108K | 7K | 840K | 622K |
| Operating cash flow | -1.3M | -1.9M | -941K | -1.5M | -1.4M | -2.7M | -2.1M | -2M | 304K | -3.2M | -4.5M | -6.6M |
| Capital expenditure | -6K | -28K | 0 | -3K | 3K | -6K | 0 | — | -8K | -1K | -7K | -5K |
| Investing cash flow | -6K | -28K | 0 | -3K | 3K | 28K | 6M | 0 | -8K | 999K | -7K | -5K |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | 0 | 446K | — | — | 0 | 0 | — | — | — | 1M | — | — |
| Net change in cash | -1.3M | -1.5M | -941K | -1.5M | -1.4M | -2.6M | 3.9M | -2M | 296K | -1.1M | -4.6M | -6.6M |
| Free cash flow | -1.4M | -1.8M | -1.1M | -1.6M | -889K | -2.9M | -2M | -2M | -1.2M | -1.6M | -3.7M | -5M |