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 | -$0.38 | -$0.35 | +7.9% | — | $0 | — |
| Q4 25 | -$0.33 | -$0.41 | -24.2% | — | $0 | — |
| Q3 25 | -$0.52 | -$0.37 | +28.8% | — | $0 | — |
| Q2 25 | -$0.55 | -$0.78 | -41.8% | — | $0 | — |
| Q1 25 | -$0.82 | -$0.7 | +14.6% | — | $0 | — |
| Q4 24 | -$0.88 | -$1.07 | -21.6% | — | $0 | — |
| Q3 24 | -$1 | -$1.22 | -22.0% | — | $0 | — |
| Q2 24 | -$1.3 | -$1.25 | +3.8% | — | $0 | — |
| Q1 24 | -$1.41 | -$1.37 | +2.8% | — | $0 | — |
| Q4 23 | -$4.29 | -$3.84 | +10.5% | — | $0 | — |
| Q3 23 | -$4.43 | -$3.4 | +23.3% | — | $0 | — |
| Q2 23 | -$0.31 | -$0.13 | +58.1% | — | $0 | — |
| Q1 23 | -$4.8 | -$8.4 | -75.0% | — | $0 | — |
| Q4 22 | -$12.4 | -$9.6 | +22.3% | — | $0 | — |
| Q3 22 | -$16.2 | -$14.4 | +11.2% | — | $0 | — |
| Q2 22 | -$0.62 | -$0.61 | +1.6% | — | $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 | — | -$2.09 | — | — | $0 | — |
| FY24 | — | -$4.91 | — | — | $0 | — |
| FY23 | — | -$17 | — | — | $0 | — |
| FY22 | — | -$60.9 | — | — | $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% |
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 | — | — | — | — | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — | — | — | — | — |
| Gross margin | — | — | — | — | — | — | — | — | — | — |
| Research & development | 7.7M | 9.7M | 12.6M | 14.1M | 17M | 30.6M | 28M | 16.1M | 22.8M | 23.8M |
| Selling, general & administrative | 2.6M | 4.1M | 5.8M | 4.5M | 9.3M | 12.6M | 10.9M | 6.7M | 5.2M | 9.2M |
| Operating expenses | 10.3M | 13.8M | 18.4M | 18.6M | 26.3M | 43.1M | 38.9M | 22.9M | 28M | 33M |
| Operating income | -10.3M | -13.8M | -18.4M | -18.6M | -26.3M | -43.1M | -38.9M | -22.9M | -28M | -33M |
| Operating margin | — | — | — | — | — | — | — | — | — | — |
| Non-operating income, net | — | — | 24.2M | 11.6M | -11.1M | 44K | 532K | 234K | — | -838K |
| Pretax income | -11.4M | -54.5M | 5.9M | -6.9M | -36.9M | -42.6M | -39.4M | -23.8M | -29M | -34.2M |
| Income tax | — | — | — | — | 0 | 0 | 129K | 69K | 42K | 5K |
| Net income | -11.4M | -54.5M | 5.9M | -6.9M | -36.9M | -42.6M | -39.6M | -23.9M | -29M | -34.2M |
| Net margin | — | — | — | — | — | — | — | — | — | — |
| EBITDA | -10.1M | -13.6M | -42.1M | -29.2M | -24.7M | -41.5M | -37.2M | -20.6M | -26.4M | -31M |
| EPS | -38.7 | -189.6 | 0.2 | -30.5 | -122.1 | -67.8 | -60.9 | -17 | -4.91 | -2.09 |
| Diluted EPS | -38.7 | -189.6 | -1.21 | -30.5 | -122.1 | -67.8 | -60.9 | -17 | -4.91 | -2.09 |
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 | 0 | 0 | 0 | 0 |
| Cost of revenue | — | — | — | — | — | — | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — | — | — | — | — | — | — |
| Gross margin | — | — | — | — | — | — | — | — | — | — | — | — |
| Research & development | 3.8M | 4.6M | 5M | 4.8M | 6M | 7M | 6.1M | 6.2M | 5.3M | 6.2M | 5.8M | 6.1M |
| Selling, general & administrative | 1.5M | 1.4M | 1.3M | 1.4M | 1.4M | 1.2M | 1.5M | 3.2M | 2.2M | 2.3M | 2M | 1.7M |
| Operating expenses | 5.3M | 6M | 6.3M | 6.1M | 7.4M | 8.2M | 7.6M | 9.4M | 7.5M | 8.5M | 7.8M | 7.8M |
| Operating income | -5.3M | -6M | -6.3M | -6.1M | -7.4M | -8.2M | -7.6M | -9.4M | -7.5M | -8.5M | -7.8M | -7.8M |
| Operating margin | — | — | — | — | — | — | — | — | — | — | — | — |
| Non-operating income, net | — | — | — | — | — | — | — | — | — | -326K | — | — |
| Pretax income | -5.6M | -6.3M | -6.4M | -6.3M | -7.7M | -8.5M | -8.3M | -9.9M | -7.4M | -8.6M | -7.7M | -7.8M |
| Income tax | 25K | 9K | 7K | 2K | 20K | 13K | 11K | 53K | 22K | -81K | 0 | 6K |
| Net income | -5.6M | -6.4M | -6.4M | -6.3M | -7.8M | -8.5M | -8.3M | -10M | -7.5M | -8.5M | -7.7M | -7.8M |
| Net margin | — | — | — | — | — | — | — | — | — | — | — | — |
| EBITDA | -5.3M | -5.3M | -6.3M | -6.1M | -7.4M | -8.2M | -7.6M | -9.4M | -7.5M | -8.5M | -7.8M | -7.8M |
| EPS | -3.4 | -3.84 | -1.37 | -1.25 | -1.22 | — | -0.7 | -0.78 | -0.37 | -0.41 | -0.35 | -0.35 |
| Diluted EPS | -3.4 | -3.97 | -1.37 | -1.25 | -1.22 | — | -0.7 | -0.78 | -0.37 | -0.41 | -0.35 | -0.35 |
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 | — | — | — | — | — | — | 13.6M | — | — | — | — |
| Enterprise value | — | — | — | — | — | — | 14.7M | — | — | — | — |
| Shares outstanding | 294.1K | 294.1K | 393.8K | 393.8K | 319.4K | 624K | 647.6K | 1.4M | 5.9M | 16.4M | 16.4M |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| P/B | — | — | — | — | — | — | 2.33 | — | — | — | — |
| EV/EBITDA | — | — | — | — | — | — | -0.39 | — | — | — | — |
| FCF yield | — | — | — | — | — | — | -266.1% | — | — | — | — |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 33.5% | 61.5% | -7.24% | 7.88% | -50.7% | -118.5% | -678.6% | 1.1K% | -377.7% | -311.4% | -311.4% |
| ROA | -59.2% | -237.1% | 40.9% | -20.5% | -48.6% | -96.3% | -152.3% | -155.2% | -115.1% | -153.2% | -153.2% |
| ROIC | — | — | — | — | -92.8% | -1.1K% | -558.3% | -522.8% | -1.7K% | -3.9K% | -3.9K% |
| Return on tangible assets | -59.2% | -237.1% | 40.9% | -20.5% | -48.6% | -96.3% | -152.3% | -155.2% | -115.1% | -153.2% | -153.2% |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current ratio | 10.8 | 5.57 | 2.18 | 10.6 | 16.4 | 4.31 | 1.66 | 0.83 | 1.31 | 1.97 | 1.97 |
| Quick ratio | 10.8 | 5.57 | 2.18 | 10.6 | 16.4 | 4.31 | 1.66 | 0.83 | 1.31 | 1.82 | 1.82 |
| Debt / equity | — | — | — | — | — | 0 | 2.36 | -5.62 | 1.25 | 0.25 | 0.25 |
| Debt / assets | — | — | — | — | — | 0 | 0.53 | 0.77 | 0.38 | 0.13 | 0.13 |
| Net debt / EBITDA | — | — | — | — | — | 0.78 | -0.03 | -0.31 | 0.23 | 0.33 | 0.33 |
| Interest coverage | -9.05 | -0.34 | -437.2 | -1.2K | — | — | -37.5 | -13.7 | -29.5 | -38.1 | -38.1 |
| Effective tax rate | — | — | — | — | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| 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) | -38.7 | -189.6 | 0.2 | -30.5 | -122.1 | -67.8 | -60.9 | -17 | -4.91 | -2.09 | -2.09 |
| EPS (diluted) | -38.7 | -189.6 | -1.21 | -30.5 | -122.1 | -67.8 | -60.9 | -17 | -4.91 | -2.09 | -2.09 |
| Book value per share | -115.5 | -301.4 | -207.5 | -222.5 | 227.8 | 57.6 | 9 | -1.49 | 1.3 | 0.67 | 0.67 |
| FCF per share | -34.9 | -48.3 | -50.2 | -46.3 | -71.3 | -56.7 | -55.7 | -12.4 | -3.73 | -1.72 | -1.72 |
| Cash per share | 60.4 | 61 | 18.6 | 67.6 | 139.2 | 51.6 | 19.4 | 3.78 | 2.65 | 0.79 | 0.79 |
| Capex per share | 1.83 | 6.41 | 7.81 | 2.23 | 3.68 | 4.8 | 2.73 | 0.14 | 0.01 | — | — |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Capex / operating cash flow | -5.02% | -3.53% | 42.5% | -19.8% | -3.48% | -8.67% | -5.18% | -1.14% | -0.34% | — | — |
| FY21 | — | -$67.8 | — | — | $0 | — |
| FY20 | — | -$122.1 | — | — | $0 | — |
| FY19 | — | -$30.5 | — | — | $0 | — |
| FY18 | — | $0.2 | — | — | $0 | — |
| FY17 | — | -$189.6 | — | — | $0 | — |
| FY16 | — | -$38.7 | — | — | $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 | $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 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 17.8M | 17.9M | 7.3M | 26.6M | 44.5M | 32.2M | 12.6M | 5.3M | 15.6M | 12.9M |
| Receivables | — | — | — | — | — | — | — | — | — | — |
| Inventory | — | — | — | — | — | — | — | — | — | 1.1M |
| Total current assets | 18.3M | 18.7M | 8M | 27.4M | 47.2M | 34.8M | 14.2M | 6.1M | 16.6M | 15.2M |
| Property, plant & equipment | 847K | 2.9M | 6.2M | 6.1M | 5.9M | 8.8M | 11.7M | 9.2M | 8.4M | 6.8M |
| Goodwill & intangibles | — | — | — | — | — | — | — | — | — | — |
| Total assets | 19.2M | 23M | 14.5M | 33.8M | 75.8M | 44.2M | 26M | 15.4M | 25.2M | 22.3M |
| Accounts payable | 778K | 2M | 1.1M | 1.6M | 974K | 4.1M | 1.1M | 772K | 2.4M | 2.9M |
| Short-term debt | — | — | — | — | — | — | 5M | 4.5M | 7.7M | 2.1M |
| Total current liabilities | 1.7M | 3.4M | 3.7M | 2.6M | 2.9M | 8.1M | 8.6M | 7.3M | 12.7M | 7.7M |
| Long-term debt | — | — | — | — | — | 0 | 8.7M | 7.2M | 1.9M | 647K |
| Total liabilities | 53.2M | 111.6M | 96.2M | 121.4M | 3.1M | 8.3M | 20.1M | 17.5M | 17.5M | 11.3M |
| Shareholders' equity | -34M | -88.6M | -81.7M | -87.6M | 72.8M | 36M | 5.8M | -2.1M | 7.7M | 11M |
| Total debt | — | — | — | — | — | 0 | 13.7M | 11.8M | 9.6M | 2.8M |
| Net debt | — | — | — | — | — | -9.8M | 5.2M | 6.5M | -6M | -3.6M |
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 | — | — | — | — | — | — | — | — | 18.8M | 12.9M | 10.9M | 6.6M |
| Receivables | — | — | — | — | — | — | — | — | — | — | — | — |
| Inventory | — | — | — | — | — | — | — | — | — | 1.1M | 1.1M | 1.4M |
| Total current assets | — | — | — | — | — | — | — | — | 19.6M | 15.2M | 12.6M | 8.9M |
| Property, plant & equipment | — | — | — | — | — | — | — | — | 7M | 6.8M | 6.2M | 6M |
| Goodwill & intangibles | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | — | — | — | — | — | — | — | — | 26.8M | 22.3M | 19.2M | 15.2M |
| Accounts payable | 529K | 772K | 1.3M | 992K | 1.6M | 2.4M | 2M | 2.6M | 1.9M | 2.9M | 1.5M | 1.7M |
| Short-term debt | — | — | — | — | — | — | — | — | 3.5M | 2.1M | 2M | 1.3M |
| Total current liabilities | — | — | — | — | — | — | — | — | 7.6M | 7.7M | 7M | 6.6M |
| Long-term debt | — | — | — | — | — | — | — | — | 829K | 647K | 383K | 282K |
| Total liabilities | — | — | — | — | — | — | — | — | 11.5M | 11.3M | 10.4M | 9.8M |
| Shareholders' equity | — | — | — | — | — | — | — | — | 15.4M | 11M | 8.8M | 5.4M |
| Total debt | — | — | — | — | — | — | — | — | 4.3M | 2.8M | 2.3M | 1.6M |
| Net debt | — | — | — | — | — | — | — | — | -5.3M | -3.6M | -6.5M | -5M |
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 | -11.4M | -54.5M | 5.9M | -6.9M | -36.9M | -42.6M | -39.6M | -23.9M | -29M | -34.2M |
| Depreciation & amortization | 127K | 205K | 411K | 947K | 1M | 1.1M | 1.7M | 1.8M | 1.6M | 1.5M |
| Stock-based compensation | 598K | 1.4M | 995K | 976K | 4.6M | 4.8M | 4.3M | 3.4M | 2.8M | 4.9M |
| Change in working capital | -71K | -528K | -88K | 540K | -2.5M | 2.2M | -846K | -270K | 1.7M | 412K |
| Operating cash flow | -10.7M | -53.4M | 7.2M | -4.4M | -33.8M | -34.5M | -34.1M | -17.2M | -22.1M | -27.9M |
| Capital expenditure | -539K | -1.9M | -3.1M | -879K | -1.2M | -3M | -1.8M | -196K | -76K | — |
| Investing cash flow | -539K | -1.9M | -3.1M | -879K | -1.2M | 36.9M | 16.6M | 3.8M | -330K | -6.5M |
| Dividends paid | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | 26.3M | 14.3M | 9.4M | 37.6M | 62.8M | 0 | 15.7M | 6M | 32.4M | 25.4M |
| Net change in cash | 15.1M | -41M | 13.5M | 32.3M | 27.8M | 2.4M | -1.8M | -7.4M | 9.9M | -9M |
| Free cash flow | -10.3M | -14.2M | -19.8M | -18.2M | -22.8M | -35.4M | -36.1M | -17.4M | -22M | -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 | Q1 19 | Q1 20 | Q2 20 |
|---|---|---|---|
| Net income | -1.2M | -5.9M | -17M |
| Depreciation & amortization | 190K | 244K | 254K |
| Stock-based compensation | 187K | 189K | 2.1M |
| Change in working capital | -117K | -732K | -228K |
| Operating cash flow | -970K | -6.2M | -14.9M |
| Capital expenditure | -223K | -469K | -139K |
| Investing cash flow | -223K | -469K | -139K |
| Dividends paid | — | — | — |
| Share repurchases | — | — | — |
| Financing cash flow | 6.2M | -100K | 62.8M |
| Net change in cash | 5M | -6.7M | 47.7M |
| Free cash flow | -5.7M | -5.2M | -2.9M |