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 % |
|---|---|---|---|---|---|---|
| FY24 | — | -$15.8 | — | — | $0 | — |
| FY23 | — | -$1.15 | — | — | $0 | — |
| FY22 | — | -$0.82 | — | — | $0 | — |
| FY21 | — | -$1.24 | — | — | $0 | — |
| FY20 | — | -$1 | — | — | $0 | — |
| FY19 | — | -$0.68 | — | — | $0 | — |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 |
|---|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | $0 | $0 | $0 |
| YoY change | — | 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.
| Period | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 |
|---|---|---|---|---|---|
| Revenue | $0 | $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 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 |
|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost of revenue | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — |
| Gross margin | — | — | — | — | — | — |
| Research & development | 807.9K | 699.8K | 1.1M | 1.6M | 3.3M | 3.9M |
| Selling, general & administrative | 1.3M | 1.9M | 3M | 2M | 1.2M | 1.8M |
| Operating expenses | 2.1M | 2.6M | 4.1M | 3.6M | 4.5M | 5.7M |
| Operating income | -2.1M | -2.6M | -4.1M | -3.6M | -4.5M | -5.7M |
| Operating margin | — | — | — | — | — | — |
| Non-operating income, net | 348.3K | 248.6K | 81.2K | -46.1K | -630.3K | 132.1K |
| Pretax income | -1.8M | -2.5M | -4.5M | -3.6M | -5M | -5.5M |
| Income tax | 0 | 0 | 0 | 0 | 0 | 0 |
| Net income | -1.8M | -2.5M | -4.5M | -3.6M | -5M | -5.5M |
| Net margin | — | — | — | — | — | — |
| EBITDA | -2.1M | -2.6M | -4.1M | -3.4M | -4.2M | -5.5M |
| EPS | -0.68 | -1 | -1.24 | -0.82 | -1.15 | -15.8 |
| Diluted EPS | -0.68 | -1 | -1.24 | -0.82 | -1.15 | -15.8 |
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 |
|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 0 |
| Cost of revenue | — | — | — | — | — |
| Gross profit | — | — | — | — | — |
| Gross margin | — | — | — | — | — |
| Research & development | 364.2K | 903.4K | 880.4K | 394.1K | 273.2K |
| Selling, general & administrative | 287.9K | 739.8K | 567.7K | 814.3K | 840.6K |
| Operating expenses | 652.1K | 1.6M | 1.4M | 1.2M | 1.1M |
| Operating income | -652.1K | -1.6M | -1.4M | -1.2M | -1.1M |
| Operating margin | — | — | — | — | — |
| Non-operating income, net | — | 80.4K | — | -3.6M | 210K |
| Pretax income | -640.8K | -1.6M | -1.4M | -5.1M | -869.5K |
| Income tax | 0 | 0 | 0 | 0 | 0 |
| Net income | -640.8K | -1.6M | -1.4M | -5.1M | -869.5K |
| Net margin | — | — | — | — | — |
| EBITDA | -628.2K | -1.5M | -1.4M | -1.2M | -1.3M |
| EPS | -1.96 | — | -2.75 | -1.37 | -0.47 |
| Diluted EPS | -1.96 | — | -2.75 | -1.37 | -0.47 |
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 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 |
|---|---|---|---|---|---|---|
| Cash & short-term investments | 798.6K | 671.1K | 10.4M | 8M | 4.1M | 1.8M |
| Receivables | — | — | — | — | — | — |
| Inventory | — | — | — | — | — | — |
| Total current assets | 842K | 879.2K | 11.1M | 8M | 4.2M | 1.9M |
| Property, plant & equipment | 296 | 0 | — | — | — | — |
| Goodwill & intangibles | — | — | — | — | — | — |
| Total assets | 842.3K | 879.2K | 11.1M | 8M | 4.3M | 2M |
| Accounts payable | 163K | 141.9K | 279K | 155.5K | 113.8K | 103K |
| Short-term debt | — | — | — | 344.2K | — | — |
| Total current liabilities | 1.2M | 655.2K | 799.5K | 1.1M | 655.3K | 942.8K |
| Long-term debt | 279.4K | 1.4M | 318.4K | — | — | — |
| Total liabilities | 1.5M | 2M | 1.1M | 1.1M | 655.3K | 942.8K |
| Shareholders' equity | -634.4K | -1.1M | 9.9M | 6.9M | 3.7M | 1M |
| Total debt | 279.4K | 1.4M | 318.4K | 344.2K | — | — |
| Net debt | -519.3K | 702.7K | -222.7K | 129K | — | — |
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 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 |
|---|---|---|---|---|---|
| Cash & short-term investments | 1.1M | 1.8M | 873K | 4.1M | 2.7M |
| Receivables | — | — | — | — | — |
| Inventory | — | — | — | 1.1K | 1.1K |
| Total current assets | 1.4M | 1.9M | 928.2K | 4.3M | 2.9M |
| Property, plant & equipment | — | — | — | — | 51.4K |
| Goodwill & intangibles | — | — | — | 2.1M | 4.2M |
| Total assets | 1.5M | 2M | 988.6K | 6.5M | 5M |
| Accounts payable | 108.6K | 103K | 165.2K | 2.1M | 1.6M |
| Short-term debt | — | — | — | 4M | 4M |
| Total current liabilities | 789.3K | 942.8K | 1.1M | 10.5M | 9.7M |
| Long-term debt | — | — | — | — | — |
| Total liabilities | 789.3K | 942.8K | 1.1M | 10.5M | 9.7M |
| Shareholders' equity | 719K | 1M | -88.3K | -4M | -4.7M |
| Total debt | — | — | — | 4M | 4M |
| Net debt | — | — | — | -83.2K | 1.3M |
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 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | Current |
|---|---|---|---|---|---|---|---|
| Market cap | — | — | — | — | — | — | 362K |
| Enterprise value | — | — | — | — | — | — | 2.1M |
| Shares outstanding | 2.6M | 2.6M | 3.7M | 4.3M | 4.3M | 350K | 350K |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | Current |
|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | -0.01 |
| P/B | — | — | — | — | — | — | -0.16 |
| EV/EBITDA | — | — | — | — | — | — | -0.39 |
| Earnings yield | — | — | — | — | — | — | -7.9K% |
| FCF yield | — | — | — | — | — | — | -1.5K% |
| PEG | — | — | — | — | — | — | -0.31 |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | Current |
|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | — | — | 0% |
| Net margin | — | — | — | — | — | — | 0% |
| ROE | 276% | 221.7% | -45.5% | -51.4% | -136.3% | -545.4% | -545.4% |
| ROA | -207.9% | -289.9% | -40.9% | -44.2% | -115.7% | -282.5% | -282.5% |
| ROIC | 180.8% | 570.8% | 3.7K% | 496.3% | 1.2K% | 690.8% | 771% |
| Return on tangible assets | -207.9% | -289.9% | -40.9% | -44.2% | -115.7% | -282.5% | -2.1K% |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | Current |
|---|---|---|---|---|---|---|---|
| Current ratio | 0.7 | 1.34 | 13.8 | 7.18 | 6.41 | 2 | 0.34 |
| Quick ratio | 0.7 | 1.34 | 13.8 | 7.18 | 6.41 | 2 | 0.34 |
| Debt / equity | -0.44 | -1.19 | 0.03 | 0.05 | — | — | -0.02 |
| Debt / assets | 0.33 | 1.56 | 0.03 | 0.04 | — | — | 0.9 |
| Net debt / EBITDA | 0.25 | -0.28 | 2.45 | 2.26 | — | — | -0.22 |
| Interest coverage | -109.2 | -9.35 | -8.1 | -24.9 | -45.4 | — | — |
| Effective tax rate | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | Current |
|---|---|---|---|---|---|---|---|
| Revenue per share | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (basic) | -0.68 | -1 | -1.24 | -0.82 | -1.15 | -15.8 | -15.8 |
| EPS (diluted) | -0.68 | -1 | -1.24 | -0.82 | -1.15 | -15.8 | -13.1 |
| Book value per share | -0.25 | -0.44 | 2.7 | 1.6 | 0.84 | 2.89 | -1.24 |
| FCF per share | -0.19 | -0.52 | -0.76 | -0.46 | -0.89 | -12 | -2.14 |
| Cash per share | 0.31 | 0.26 | 2.81 | 1.85 | 0.93 | 5.25 | 1.22 |
| Capex per share | — | — | 0 | 0 | 0.03 | 0 | 0 |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | Current |
|---|---|---|---|---|---|---|---|
| Capex / operating cash flow | — | — | 0% | -0.07% | -3.55% | 0% | 0% |
| Payout ratio | — | — | — | — | — | — | 0% |
| $0 |
| YoY change | — | — | — | — | 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 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 |
|---|---|---|---|---|---|---|
| Net income | -1.8M | -2.5M | -4.5M | -3.6M | -5M | -5.5M |
| Depreciation & amortization | 339 | 286 | 0 | 30 | 28.2K | 50.3K |
| Stock-based compensation | 797.8K | 1.7M | 1.5M | 864.7K | 666.8K | 923.1K |
| Change in working capital | — | — | — | — | — | — |
| Operating cash flow | -841.9K | -738.8K | -2.6M | -2.6M | -4.2M | -4.6M |
| Capital expenditure | — | — | 0 | -1.8K | -149.8K | 0 |
| Investing cash flow | 250K | 0 | -9.9M | 1.6M | 4.8M | 2.8M |
| Dividends paid | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — |
| Financing cash flow | 670K | 1.2M | 23.4M | 0 | — | 2M |
| Net change in cash | 78.1K | 484.6K | 10.9M | -983K | 555.8K | 134.1K |
| Free cash flow | -488K | -1.3M | -2.8M | -2M | -3.9M | -4.2M |
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 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 |
|---|---|---|---|---|---|
| Net income | -640.8K | -1.6M | -1.4M | -5.1M | -869.5K |
| Depreciation & amortization | 12.6K | 12.6K | 12.6K | 12.6K | 12.6K |
| Stock-based compensation | 250.4K | 245.4K | 236K | 125.1K | 105.9K |
| Change in working capital | — | — | — | 239.8K | -387.6K |
| Operating cash flow | -377.8K | -1.3M | -1.2M | -3.9M | -1.1M |
| Capital expenditure | — | 0 | — | — | — |
| Investing cash flow | 0 | 0 | 0 | 943.2K | 0 |
| Dividends paid | — | — | — | — | — |
| Share repurchases | — | — | — | — | — |
| Financing cash flow | 317K | 1.6M | 102.5K | 473.2K | -15.4K |
| Net change in cash | -60.9K | 306.3K | -1.1M | -2.4M | -1.2M |
| Free cash flow | -185.7K | -819.8K | -1.1M | -1.2M | -1.4M |