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 | -$0.05 | -$0.04 | +20.0% | — | $5.6M | — |
| Q1 26 | -$0.05 | -$0.03 | +40.0% | — | $3.7M | — |
| Q4 25 | -$0.04 | -$0.04 | 0.0% | — | $198K | — |
| Q3 25 | -$0.05 | $0.07 | +240.0% | — | $384K | — |
| Q2 25 | -$0.06 | -$0.06 | 0.0% | — | $61K | — |
| Q1 25 | -$0.07 | -$0.05 | +28.6% | — | $39K | — |
| Q4 24 | -$0.05 | -$0.1 | -100.0% | — | $62K | — |
| Q3 24 | -$0.08 | -$0.06 | +25.0% | — | $101K | — |
| Q1 24 | -$0.08 | -$0.08 | 0.0% | — | $27K | — |
| Q3 23 | -$0.1 | -$0.11 | -10.0% | — | $50K | — |
| Q2 23 | -$0.11 | -$0.07 | +36.4% | — | $112K | — |
| Q1 23 | -$0.1 | -$0.11 | -10.0% | — | $121K | — |
| Q4 22 | -$0.14 | -$0.14 | 0.0% | — | $1.3K | — |
| Q3 22 | -$0.22 | -$0.22 | 0.0% | — | $37.6K | — |
| Q2 22 | — | -$0.17 | — | — | $65.5K | — |
| Q1 22 | — | -$0.24 | — | — | $31.2K | — |
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 | — | -$0.11 | — | — | $682K | — |
| FY24 | — | -$0.73 | — | — | $373K | — |
| FY23 | — | -$0.42 | — | — | $358K | — |
| FY22 | — | -$0.69 | — | — | $136K | — |
| FY21 | — | -$0.96 |
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 | $136K | $358K | $373K | $682K |
| YoY change | — | 0% | 0% | +InfinityT% | +163.2% | +4.19% | +82.8% |
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 |
|---|
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 | 136K | 358K | 373K | 682K |
| Cost of revenue | 0 | 0 | 0 | 61K | 196K | 261K | 615K |
| Gross profit | 0 | 0 | 0 | 75K | 162K | 112K | 67K |
| Gross margin | — | — | — | 55.1% | 45.3% | 30% | 9.82% |
| Research & development | 891.1K | 1.5M | 2.6M | 5.2M | 8.9M | 11.3M | 20.5M |
| Selling, general & administrative | 1.7M | 15.8M | 14.5M | 23.5M | 17.5M | 14.7M | 30.7M |
| Operating expenses | 2.5M | 17.3M | 16.9M | 28.7M | 26.4M | 26M | 51.1M |
| Operating income | -2.5M | -17.3M | -16.9M | -28.6M | -26.2M | -25.9M | -51.1M |
| Operating margin | — | — | — | -21.1K% | -7.3K% | -7K% | -7.5K% |
| Non-operating income, net | — | 425K | — | 3.4M | 528K | -40.5M | 11.8M |
| Pretax income | -8.4M | -24.7M | -27.9M | -26M | -27M | -68.5M | -18.7M |
| Income tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net income | -8.4M | -24.7M | -27.9M | -26M | -27M | -68.5M | -18.7M |
| Net margin | — | — | — | -19.1K% | -7.5K% | -18.4K% | -2.7K% |
| EBITDA | -2.5M | -16.3M | -16.9M | -26.7M | -22.6M | -21.7M | -25.4M |
| EPS | -1.14 | -0.88 | -0.96 | -0.69 | -0.42 | -0.73 | -0.11 |
| Diluted EPS | -1.14 | -0.88 | -0.96 | -0.69 | -0.42 | -0.73 | -0.11 |
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 | 50K | 74.9K | 27K | 183K | 101K | 62K | 39K | 61K | 384K | 198K | 3.7M | 5.6M |
| Cost of revenue | 24K | 64.5K | 16K | 125K | 92K | 28K | 26K | 35K | 258K | 296K | 4.4M | 6.7M |
| Gross profit | 26K | 10.4K | 11K | 58K | 9K | 34K | 13K | 26K | 126K | -98K | -721K | -1.2M |
| Gross margin | 52% | 13.8% | 40.7% | 31.7% | 8.91% | 54.8% | 33.3% | 42.6% | 32.8% | -49.5% | -19.5% | -21% |
| Research & development | 2.3M | 1.6M | 2.2M | 2.1M | 2.2M | 4.8M | 3M | 6M | 4.5M | 7M | 7M | 8.4M |
| Selling, general & administrative | 4.3M | 6.3M | 4.1M | 3.2M | 3.2M | 4.2M | 5.3M | 4.2M | 6M | 15.1M | 12.9M | 13.4M |
| Operating expenses | 6.6M | 7.9M | 6.3M | 5.3M | 5.4M | 8.9M | 8.3M | 10.2M | 10.5M | 22.1M | 19.8M | 21.8M |
| Operating income | -6.6M | -7.9M | -6.3M | -5.3M | -5.4M | -8.9M | -8.3M | -10.2M | -10.4M | -22.2M | -20.6M | -23M |
| Operating margin | -13.2K% | -10.6K% | -23.4K% | -2.9K% | -5.4K% | -14.4K% | -21.2K% | -16.7K% | -2.7K% | -11.2K% | -556.8% | -414.6% |
| Non-operating income, net | 13K | — | — | — | — | — | 23.6M | -28.1M | 9.2M | 7M | 3.2M | -1.7M |
| Pretax income | -6.8M | -8.3M | -6.4M | -5.2M | -5.7M | -51.2M | 17M | -36.5M | 2.4M | -1.6M | -4M | -11.8M |
| Income tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net income | -6.8M | -8.3M | -6.4M | -5.2M | -5.7M | -51.2M | 17M | -36.5M | 2.4M | -1.6M | -4M | -11.8M |
| Net margin | -13.7K% | -11.1K% | -23.8K% | -2.8K% | -5.6K% | -82.6K% | 43.5K% | -59.8K% | 620.3% | -785.9% | -109.7% | -211.7% |
| EBITDA | -5.6M | -6.6M | -5.4M | -4.3M | -4.6M | -47.9M | -5.6M | -7.3M | -5.5M | -7M | -4.7M | -6.5M |
| EPS | -0.1 | — | -0.08 | -0.06 | -0.06 | — | 0.13 | -0.26 | 0.01 | -0.01 | -0.02 | -0.05 |
| Diluted EPS | -0.1 | — | -0.08 | -0.06 | -0.06 | — | 0.11 | -0.26 | 0.01 | -0.01 | -0.02 | -0.05 |
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 | 22.1M | — | 99.4M | — | — | — | — | 1.9B |
| Enterprise value | 23.6M | — | 82.7M | — | — | — | — | 1.1B |
| Shares outstanding | 7.4M | 28M | 29.2M | 56M | 66.6M | 93.9M | 164.5M | 164.5M |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | — | -78 |
| P/S | — | — | — | — | — | — | — | 206.4 |
| P/B | -7.85 | — | 6.14 | — | — | — | — | 1.27 |
| EV/EBITDA | -9.3 | — | -4.9 | — | — | — | — | -18 |
| EV/Sales | — | — | — | — | — | — | — | 111.7 |
| Earnings yield | — | — | — | — | — | — | — | -1.28% |
| FCF yield | -10.3% | — | -6.88% | — | — | — | — | -2.78% |
| PEG | — | — | — | — | — | — | — | 0.97 |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Gross margin | — | — | — | 55.1% | 45.3% | 30% | 9.82% | -21% |
| Operating margin | — | — | — | -21.1K% | -7.3K% | -7K% | -7.5K% | -281.3% |
| Net margin | — | — | — | -19.1K% | -7.5K% | -18.4K% | -2.7K% | -152.5% |
| ROE | 298% | -169.7% | -172.2% | -39.9% | -39.3% | -63.9% | -1.17% | -1.51% |
| ROA | -5.7K% | -162% | -161.4% | -33.1% | -36.3% | -44.6% | -1.15% | -4.16% |
| ROIC | 195.3% | 4.3K% | 3.3K% | -41.7% | -37.8% | -87.9% | -10.6% | -11.6% |
| Return on tangible assets | -5.7K% | -162% | -161.4% | 41.2% | 44.3% | -280.1% | -1.25% | -1.23% |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Current ratio | 0.04 | 22 | 15.9 | 1.19 | 0.55 | 17.4 | 102.4 | 53.1 |
| Quick ratio | 0.04 | 22 | 15.9 | 1.19 | 0.54 | 17.4 | 102.3 | 52.4 |
| Debt / equity | -0.57 | 0.01 | 0 | 0.14 | 0.04 | 0.01 | 0 | 0.01 |
| Debt / assets | 10.9 | 0.01 | 0 | 0.11 | 0.04 | 0.01 | 0 | 0.01 |
| Net debt / EBITDA | -0.59 | 0.92 | 0.99 | -0.13 | -0.03 | 3.58 | 43.9 | 39.3 |
| Interest coverage | -0.43 | -1.81 | -1.54 | -32.7 | -15.9 | -26.5 | -286.3 | -61.3 |
| Effective tax rate | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Revenue per share | 0 | 0 | 0 | 0 | 0.01 | 0 | 0 | 0.05 |
| EPS (basic) | -1.14 | -0.88 | -0.96 | -0.69 | -0.42 | -0.73 | -0.11 | -0.11 |
| EPS (diluted) | -1.14 | -0.88 | -0.96 | -0.69 | -0.42 | -0.73 | -0.11 | -0.04 |
| Book value per share | -0.38 | 0.52 | 0.56 | 1.16 | 1.03 | 1.14 | 9.72 | 7.03 |
| FCF per share | -0.31 | -0.41 | -0.23 | -0.29 | -0.31 | -0.24 | -0.22 | -0.23 |
| Cash per share | 0.01 | 0.54 | 0.57 | 0.09 | 0.03 | 0.84 | 6.79 | 4.22 |
| Capex per share | 0 | 0 | 0 | 0.02 | 0.03 | 0.06 | — | — |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Capex / revenue | — | — | — | 639.7% | 589.9% | 1.6K% | — | — |
| Capex / operating cash flow | -0.3% | -0.09% | -0.11% | -7.57% | -11.9% | -10.6% | — | — |
| Payout ratio | — | — | — | -3.03% | -3.2% | -0.31% | 0% | 0% |
| — |
| — |
| $0 |
| — |
| FY20 | — | -$0.88 | — | — | $0 | — |
| FY19 | — | -$1.14 | — | — | $0 | — |
| Q1 24 |
|---|
| Q2 24 |
|---|
| Q3 24 |
|---|
| Q4 24 |
|---|
| Q1 25 |
|---|
| Q2 25 |
|---|
| Q3 25 |
|---|
| Q4 25 |
|---|
| Q1 26 |
|---|
| Q2 26 |
|---|
| Revenue | $50K | $74.9K | $27K | $183K | $101K | $62K | $39K | $61K | $384K | $198K | $3.7M | $5.6M |
| YoY change | +32.8% | +5.8K% | -77.7% | +63.4% | +102% | -17.2% | +44.4% | -66.7% | +280.2% | +219.4% | +9.4K% | +9K% |
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 | FY25 |
|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 101.1K | 15.2M | 16.7M | 5.3M | 2.1M | 78.9M | 1.1B |
| Receivables | — | — | 0 | 13K | 65K | 27K | 519K |
| Inventory | — | — | — | 0 | 73K | 18K | 352K |
| Total current assets | 122.6K | 15.2M | 17.2M | 5.5M | 2.7M | 79.2M | 1.1B |
| Property, plant & equipment | 53.9K | 71.3K | 59.4K | 2.2M | 3.9M | 9.7M | 15.3M |
| Goodwill & intangibles | — | — | 0 | 141.5M | 135.3M | 129.1M | 124.1M |
| Total assets | 148.2K | 15.3M | 17.3M | 78.5M | 74.4M | 153.6M | 1.6B |
| Accounts payable | 218.3K | 366.7K | 464.9K | 872K | 1.5M | 1.4M | 778K |
| Short-term debt | 1.6M | 218.4K | 18.1K | 535.7K | 1.9M | — | — |
| Total current liabilities | 3M | 693.2K | 1.1M | 4.6M | 4.8M | 4.6M | 11.1M |
| Long-term debt | — | — | — | 8.3M | 840K | 1.2M | 1.8M |
| Total liabilities | 3M | 693.2K | 1.1M | 13.4M | 5.7M | 46.3M | 20.7M |
| Shareholders' equity | -2.8M | 14.6M | 16.2M | 65.1M | 68.7M | 107.3M | 1.6B |
| Total debt | 1.6M | 218.4K | 18.1K | 8.8M | 2.8M | 1.2M | 1.8M |
| Net debt | 1.5M | -15M | -16.7M | 3.5M | 706K | -77.8M | -736.1M |
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 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 | 7.4M | 2.1M | 6.1M | 2.5M | 3.1M | 78.9M | 166.4M | 348.8M | 555.6M | 1.1B | 986.1M | 954.2M |
| Receivables | 2.4K | 65K | 32K | 56K | 63K | 27K | 20K | 96K | 491K | 519K | 4.3M | 6.9M |
| Inventory | — | 73K | 155K | 266K | 241K | 18K | 131K | 366K | 956K | 352K | 4.1M | 12.8M |
| Total current assets | 8.1M | 2.7M | 6.8M | 3.4M | 3.9M | 79.2M | 167.2M | 350.2M | 562.8M | 1.1B | 1B | 988.3M |
| Property, plant & equipment | 4.1M | 3.9M | 4.4M | 6.3M | 7.4M | 9.7M | 11.4M | 12.6M | 15.2M | 15.3M | 22.1M | 66M |
| Goodwill & intangibles | 154M | 135.3M | 133.7M | 132.2M | 130.6M | 129.1M | 127.5M | 126.2M | 125.2M | 124.1M | 331.4M | 421.1M |
| Total assets | 89.3M | 74.4M | 79.2M | 76M | 76.8M | 153.6M | 242.5M | 426.1M | 898.2M | 1.6B | 1.6B | 1.6B |
| Accounts payable | 1.1M | 1.5M | 1.7M | 1.7M | 923K | 1.4M | 2M | 1.4M | 1.2M | 778K | 2.7M | 4.1M |
| Short-term debt | 5.7M | 1.9M | — | — | — | — | — | — | — | — | — | — |
| Total current liabilities | 8.1M | 4.8M | 3.1M | 2.9M | 2.4M | 4.6M | 3.7M | 4M | 3.6M | 11.1M | 15.1M | 18.6M |
| Long-term debt | — | 840K | 775K | 708K | 7.8M | 1.2M | 1.1M | 1.5M | 1.9M | 1.8M | 3.7M | 21.1M |
| Total liabilities | 8.1M | 5.7M | 3.9M | 3.6M | 10.9M | 46.3M | 21.7M | 30.1M | 20.3M | 20.7M | 23.4M | 47.2M |
| Shareholders' equity | 81.2M | 68.7M | 75.3M | 72.4M | 65.9M | 107.3M | 220.8M | 396M | 877.9M | 1.6B | 1.6B | 1.6B |
| Total debt | 5.7M | 2.8M | 775K | 708K | 7.8M | 1.2M | 1.1M | 1.5M | 1.9M | 1.8M | 3.7M | 21.1M |
| Net debt | -1.7M | 706K | -5.3M | -1.8M | 4.7M | -77.8M | -165.4M | -347.2M | -350.5M | -736.1M | -254M | -168M |
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 | -8.4M | -24.7M | -27.9M | -26M | -27M | -68.5M | -18.7M |
| Depreciation & amortization | 2.6K | 6.6K | 9K | 1.9M | 3.3M | 3.8M | 4.9M |
| Stock-based compensation | 214.9K | 11.2M | 10.2M | 11.7M | 4.6M | 5.8M | 8.7M |
| Change in working capital | 164.2K | 148.4K | 101.5K | 325.2K | 482.6K | -48K | -9.7M |
| Operating cash flow | -7.2M | -13.3M | -17.6M | -11.5M | -17.7M | -56.9M | -30.3M |
| Capital expenditure | -21.3K | -12K | -19.4K | -870K | -2.1M | -6M | — |
| Investing cash flow | -21.3K | -12K | -22.5K | -3.6M | -2.6M | -6M | -781.6M |
| Dividends paid | — | — | — | -787K | -865K | -215K | 0 |
| Share repurchases | — | — | — | — | — | -4.1M | 0 |
| Financing cash flow | 599K | 26.6M | 8.4M | 6.4M | 17.7M | 99.1M | 1.5B |
| Net change in cash | -6.6M | 13.3M | -9.2M | -8.6M | -2.7M | 36.2M | 663.2M |
| Free cash flow | -2.3M | -11.6M | -6.8M | -16.2M | -20.4M | -22.2M | -37M |
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 | -6.8M | -8.3M | -6.4M | -5.2M | -5.7M | -51.2M | 17M | -36.5M | 2.4M | -1.6M | -4M | -11.8M |
| Depreciation & amortization | 852K | 1.2M | 844K | 847K | 723K | 1.3M | 975K | 1M | 1.3M | 1.5M | 2.3M | 3.6M |
| Stock-based compensation | 993K | 635.8K | 1.3M | 651K | 765K | 3.1M | 1.4M | 1.8M | 3.1M | 2.4M | 1.2M | 1.8M |
| Change in working capital | 255K | -1.1M | 178K | -56K | -765K | 723K | 532K | -969K | -6.1M | -3M | -1.5M | -3.2M |
| Operating cash flow | -4.5M | -7.9M | -4M | -3.7M | -4.8M | -44.4M | 19.9M | -6.1M | -8.7M | -11M | -9.4M | -13.9M |
| Capital expenditure | -1.6M | 46.6K | -1.6M | -1.1M | -514K | -2.9M | -1.7M | — | — | — | — | — |
| Investing cash flow | -1.6M | 115.4K | -1.6M | -1.1M | -514K | -2.9M | -1.7M | — | -460.6M | -737.2M | -472.4M | -52.8M |
| Dividends paid | -215K | — | -215K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — | — |
| Share repurchases | 0 | — | -455K | -911K | -1.4M | -1.4M | 0 | 0 | 0 | 0 | — | — |
| Financing cash flow | 6.2M | -130K | 9.5M | 1.5M | 7.7M | 80.5M | 93.6M | 188M | 474.9M | 718.6M | 3.5M | 793K |
| Net change in cash | 110K | -7.9M | 3.9M | -3.3M | 2.4M | 33.1M | 111.8M | 181.9M | 5.5M | -29.6M | -478.3M | -65.9M |
| Free cash flow | -6M | -5.3M | -5.4M | -5.1M | -5.1M | -6.6M | -6.2M | -7.1M | -11.5M | -12.2M | -11.2M | -16.5M |