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 | -$1.77 | -$1.9 | -7.3% | — | $0 | — |
| Q1 26 | -$2.26 | -$1.77 | +21.7% | — | $0 | — |
| Q4 25 | -$4.02 | -$1.74 | +56.7% | — | $0 | — |
| Q3 25 | -$1.92 | -$6.7 | -249.0% | — | $0 | — |
| Q2 25 | -$4.55 | -$6.27 | -37.8% | — | $0 | — |
| Q1 25 | -$6.07 | -$6.5 | -7.1% | — | $0 | — |
| Q4 24 | -$0.46 | -$0.35 | +23.9% | — | $0 | — |
| Q3 24 | -$0.49 | -$0.47 | +4.1% | — | $0 | — |
| Q2 24 | -$0.61 | -$0.39 | +36.1% | — | $0 | — |
| Q1 24 | -$0.76 | -$1.11 | -46.1% | — | $0 | — |
| Q4 23 | -$81 | -$72.8 | +10.2% | — | $0 | — |
| Q3 23 | -$2.72 | -$1.95 | +28.3% | — | $0 | — |
| Q2 23 | -$2.82 | -$2.13 | +24.5% | — | $0 | — |
| Q1 23 | -$0.28 | -$0.34 | -21.4% | — | $0 | — |
| Q4 22 | -$0.62 | -$0.41 | +33.9% | — | $0 | — |
| Q3 22 | -$495.6 | -$395.3 | +20.2% | — | $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 | — | -$14.8 | — | — | $0 | — |
| FY24 | — | -$66.8 | — | — | $0 | — |
| FY23 | — | -$9.64 | — | — | $0 | — |
| FY22 | — | -$46.8 | — | — | $0 | — |
| FY21 | — | -$815.5 |
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 | FY25 |
|---|---|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| YoY change | — | 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.
| Period | Q3 23 | Q4 23 | Q1 24 | Q2 24 |
|---|
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 | FY25 |
|---|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost of revenue | — | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — | — |
| Gross margin | — | — | — | — | — | — | — |
| Research & development | 45.6K | 244.2K | 1.6M | 2.7M | 3.3M | 3.6M | 9.8M |
| Selling, general & administrative | 1.5M | 1.4M | 4.5M | 6.6M | 6.1M | 5.9M | 6.5M |
| Operating expenses | 1.6M | 1.7M | 6.1M | 9.3M | 9.4M | 9.5M | 16.3M |
| Operating income | -1.6M | -1.7M | -6.1M | -9.3M | -9.4M | -9.5M | -16.3M |
| Operating margin | — | — | — | — | — | — | — |
| Non-operating income, net | — | -378.3K | -14M | 494.5K | -2.7K | 7.5K | 4K |
| Pretax income | -1.6M | -2.1M | -21.5M | -9.4M | -8.7M | -9M | -15.8M |
| Income tax | — | — | — | — | — | — | — |
| Net income | -1.6M | -2.1M | -21.5M | -9.4M | -8.7M | -9M | -15.8M |
| Net margin | — | — | — | — | — | — | — |
| EBITDA | -1.5M | -1.9M | -20.3M | -9M | -8.6M | -9.4M | -16.2M |
| EPS | -28 | -37.7 | -815.5 | -46.8 | -9.64 | -66.8 | -14.8 |
| Diluted EPS | -28 | -37.7 | -815.5 | -46.8 | -9.64 | -66.8 | -14.8 |
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 | 758.8K | 832.4K | 842.8K | 519.3K | 1.2M | 1.1M | 2.4M | 2.1M | 2.3M | 3.1M | 3.4M | 3.6M |
| Selling, general & administrative | 1.4M | 1.4M | 1.6M | 1.6M | 1.4M | 1.3M | 1.6M | 1.7M | 1.7M | 1.4M | 1.7M | 1.8M |
| Operating expenses | 2.1M | 2.2M | 2.5M | 2.1M | 2.5M | 2.4M | 4M | 3.8M | 4M | 4.5M | 5.1M | 5.5M |
| Operating income | -2.1M | -2.2M | -2.5M | -2.1M | -2.5M | -2.4M | -4M | -3.8M | -4M | -4.5M | -5.1M | -5.5M |
| Operating margin | — | — | — | — | — | — | — | — | — | — | — | — |
| Non-operating income, net | 2.1K | 9.2K | -6.5K | -2.2K | 31.7K | -15.5K | 126 | -6K | 9.5K | 364 | -13.3K | 1.6K |
| Pretax income | -1.9M | -2M | -2.3M | -2M | -2.3M | -2.3M | -3.8M | -3.7M | -3.9M | -4.3M | -5M | -5.4M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — |
| Net income | -1.9M | -2M | -2.3M | -2M | -2.3M | -2.3M | -3.8M | -3.7M | -3.9M | -4.3M | -5M | -5.4M |
| Net margin | — | — | — | — | — | — | — | — | — | — | — | — |
| EBITDA | -2.1M | -2M | -2.4M | -2.1M | -2.5M | -2.4M | -3.9M | -3.8M | -4M | -4.5M | -5.1M | -5.5M |
| EPS | -1.95 | -2.08 | -38.9 | -13.7 | -16.4 | -12.3 | -6.5 | -6.28 | -6.71 | -1.74 | -1.77 | -1.9 |
| Diluted EPS | -1.95 | -2.08 | -38.9 | -13.7 | -16.4 | -12.3 | -6.5 | -6.28 | -6.71 | -1.74 | -1.77 | -1.9 |
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 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Market cap | 2.6B | 2.5B | — | — | — | — | — | 10.6M |
| Enterprise value | 2.6B | 2.5B | — | — | — | — | — | 1.8M |
| Shares outstanding | 55.6K | 55.6K | 26.3K | 201.8K | 900.9K | 134K | 1.1M | 1.1M |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | — | 0.01 |
| P/B | — | -382 | — | — | — | — | — | 0.6 |
| EV/EBITDA | -1.7K | -1.3K | — | — | — | — | — | -0.09 |
| Earnings yield | — | — | — | — | — | — | — | 10.6K% |
| FCF yield | -0.05% | -0.06% | — | — | — | — | — | -75.7% |
| PEG | — | — | — | — | — | — | — | -0 |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | — | — | — | 0% |
| Net margin | — | — | — | — | — | — | — | 0% |
| ROE | — | 31.7% | -3.3K% | -126.7% | -153.4% | -97.4% | -120.5% | -575.7% |
| ROA | — | -152.1% | -229.4% | -64.9% | -71.4% | -57.1% | -77.5% | -114.6% |
| Return on tangible assets | — | 468.3% | -277.3% | -71.9% | -79% | -60.8% | -80.5% | -165.1% |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Current ratio | — | 0.06 | 1.79 | 3.79 | 3.15 | 3.57 | 3.61 | 1.76 |
| Quick ratio | — | 0.06 | 1.79 | 3.79 | 3.15 | 3.57 | 3.61 | 1.76 |
| Debt / equity | — | -0.18 | — | — | — | — | — | 0.51 |
| Debt / assets | — | 0.88 | — | — | — | — | — | — |
| Net debt / EBITDA | — | -0.46 | — | — | — | — | — | 0.46 |
| Interest coverage | — | -43.6 | -18.7 | -12.1 | — | — | — | — |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Revenue per share | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (basic) | -28 | -37.7 | -815.5 | -46.8 | -9.64 | -66.8 | -14.8 | -14.8 |
| EPS (diluted) | -28 | -37.7 | -815.5 | -46.8 | -9.64 | -66.8 | -14.8 | -4.64 |
| Book value per share | — | -118.7 | 25 | 36.7 | 6.29 | 68.7 | 12.3 | 8.76 |
| FCF per share | -23.3 | -26.3 | -241.1 | -43.3 | -8.73 | -58.7 | -12.7 | -5.39 |
| Cash per share | — | 5.82 | 284.3 | 63.7 | 11.9 | 104.9 | 17.5 | 5.38 |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Payout ratio | — | — | — | — | — | — | — | 0% |
| — |
| — |
| $0 |
| — |
| FY20 | — | -$37.7 | — | — | $0 | — |
| FY19 | — | -$28 | — | — | $0 | — |
| 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 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|
| Cash & short-term investments | 323.8K | 7.5M | 12.9M | 10.7M | 14.1M | 18.7M |
| Receivables | — | — | — | — | — | — |
| Inventory | — | — | — | — | — | — |
| Total current assets | 465.2K | 8.2M | 13.4M | 11.3M | 14.9M | 20M |
| Property, plant & equipment | — | — | — | — | — | — |
| Goodwill & intangibles | 1.8M | 1.6M | 1.4M | 1.2M | 966.7K | 766.7K |
| Total assets | 1.4M | 9.4M | 14.5M | 12.2M | 15.7M | 20.4M |
| Accounts payable | 0 | 923.2K | 605.6K | 526.5K | 905.7K | 1.3M |
| Short-term debt | 1.2M | — | — | — | — | — |
| Total current liabilities | 8M | 4.6M | 3.5M | 3.6M | 4.2M | 5.5M |
| Long-term debt | — | — | — | — | — | — |
| Total liabilities | 8M | 8.7M | 7.1M | 6.5M | 6.5M | 7.3M |
| Shareholders' equity | -6.6M | 657K | 7.4M | 5.7M | 9.2M | 13.1M |
| Total debt | 1.2M | — | — | — | — | — |
| Net debt | 889.5K | — | — | — | — | — |
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 | 14M | 10.7M | 14.7M | 12.6M | 10.3M | 14.1M | 11.6M | 7.8M | 5.4M | 18.7M | 14M | 10.8M |
| Receivables | — | — | — | — | — | — | — | — | — | — | — | — |
| Inventory | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 14.1M | 11.3M | 15.3M | 13.2M | 10.5M | 14.9M | 12.5M | 8.5M | 6M | 20M | 15.3M | 11.6M |
| Property, plant & equipment | — | — | — | — | — | — | — | — | — | — | — | — |
| Goodwill & intangibles | 1.3M | 1.2M | 1.1M | 1.1M | 1M | 966.7K | 916.7K | 866.7K | 816.7K | 766.7K | 716.7K | 666.7K |
| Total assets | 15.1M | 12.2M | 16.1M | 14.1M | 11.4M | 15.7M | 13M | 8.9M | 6.4M | 20.4M | 15.7M | 12M |
| Accounts payable | 240K | 526.5K | 358.5K | 819.7K | 222.6K | 905.7K | 644.1K | 873.7K | 1.9M | 1.3M | 1.8M | 3.1M |
| Short-term debt | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current liabilities | 4.6M | 3.6M | 4.2M | 4M | 3.5M | 4.2M | 4.9M | 4.3M | 5.8M | 5.5M | 5.3M | 6.6M |
| Long-term debt | — | — | — | — | — | — | — | — | — | — | — | — |
| Total liabilities | 7.7M | 6.5M | 7M | 6.6M | 5.9M | 6.5M | 7M | 6.4M | 7.6M | 7.3M | 6.9M | 8M |
| Shareholders' equity | 7.4M | 5.7M | 9.1M | 7.5M | 5.4M | 9.2M | 5.9M | 2.6M | -1.2M | 13.1M | 8.8M | 3.9M |
| 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 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|
| Net income | -1.6M | -2.1M | -21.5M | -9.4M | -8.7M | -9M | -15.8M |
| Depreciation & amortization | 20.7K | 104K | 104K | 104K | 103.7K | 100K | 100K |
| Stock-based compensation | — | — | 0 | 764K | 1.1M | 1.3M | 1.1M |
| Change in working capital | 240.8K | 227.3K | 1.3M | -217.8K | 53.9K | 276K | 1.3M |
| Operating cash flow | -1.3M | -1.4M | -17.8M | -8M | -7.4M | -7.3M | -13.5M |
| Capital expenditure | — | — | — | — | — | — | — |
| Investing cash flow | — | — | 0 | -9.9M | 2.2M | -1.9M | -4.3M |
| Dividends paid | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — |
| Financing cash flow | 1.3M | 1.8M | 17M | 13.7M | 5.2M | 11M | 18M |
| Net change in cash | -40 | 401.8K | -809.9K | -4.2M | -29.4K | 1.8M | 195.4K |
| Free cash flow | -1.3M | -1.5M | -6.3M | -8.7M | -7.9M | -7.9M | -13.5M |
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 | 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 | — | — | — | — | — | — | — | — | -3.9M | -4.3M | -5M | -5.4M |
| Depreciation & amortization | — | — | — | — | — | — | — | — | 25K | 25K | 25K | 25K |
| Stock-based compensation | — | — | — | — | — | — | — | — | 182.2K | 283.2K | 444.5K | 533K |
| Change in working capital | — | — | — | — | — | — | — | — | — | — | -200.9K | — |
| Operating cash flow | — | — | — | — | — | — | — | — | -2.2M | -5M | -4.9M | -3.1M |
| Capital expenditure | — | — | — | — | — | — | — | — | — | — | — | — |
| Investing cash flow | -4.6M | 0 | -9.6M | 0 | -1.6M | -6M | 0 | 0 | 2.5M | -11.3M | 4.1M | 4M |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | — | — | — | — | — | — | — | — | -150K | 18.3M | 56K | -151.9K |
| Net change in cash | -4.6M | 0 | -9.6M | 0 | -1.6M | -6M | 0 | 0 | 162.4K | 2M | -694K | 721.5K |
| Free cash flow | — | — | — | — | — | — | — | — | -2.2M | -5M | -4.9M | -3.1M |