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 % |
|---|---|---|---|---|---|---|
| Q3 23 | -$0.27 | -$0.19 | +29.6% | — | $0 | — |
| Q2 23 | -$0.51 | -$0.61 | -19.6% | — | $0 | — |
| Q1 23 | -$0.62 | -$0.56 | +9.7% | — | $0 | — |
| Q4 22 | -$0.56 | -$0.7 | -25.0% | — | $0 | — |
| Q3 22 | -$0.69 | -$0.68 | +1.4% | — | — | — |
| Q2 22 | -$0.66 | -$0.66 | 0.0% | — | — | — |
| Q1 22 | -$0.7 | -$0.66 | +5.7% | — | — | — |
| Q4 21 | -$0.56 | -$0.68 | -21.4% | — | — | — |
| Q3 21 | -$0.48 | -$0.7 | -45.8% | — | — | — |
| Q2 21 | -$0.6 | -$0.39 | +35.0% | — | — | — |
| Q1 21 | -$0.78 | -$1.93 | -147.4% | — | — | — |
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 | — | -$1.2 | — | — | $0 | — |
| FY24 | — | -$0.66 | — | — | $0 | — |
| FY23 | — | -$0.06 | — | — | $0 | — |
| FY22 | — | -$2.71 | — | — | $0 | — |
| FY21 | — | -$2.65 | — | — | $0 | — |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|
| 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 | Q2 23 | Q3 23 | Q4 23 | Q1 24 | Q3 24 | Q4 24 | Q1 25 |
|---|
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost of revenue | — | — | — | — | — | 402.4K |
| Gross profit | — | — | — | — | — | -402.4K |
| Gross margin | — | — | — | — | — | — |
| Research & development | 15.4M | 40.8M | 61.4M | — | — | 62K |
| Selling, general & administrative | 3.6M | 10.7M | 15.7M | 397.2K | 4.5M | 7.6M |
| Operating expenses | 19M | 51.5M | 77.1M | 397.2K | 4.5M | 7.7M |
| Operating income | -19M | -51.5M | -77.1M | -410.1K | -4.5M | -8.1M |
| Operating margin | — | — | — | — | — | — |
| Non-operating income, net | -2M | 1K | — | — | — | -674.5K |
| Pretax income | -21.1M | -51.4M | -75.7M | -437K | -4.5M | -9.1M |
| Income tax | 0 | 2K | 3K | — | — | — |
| Net income | -21.1M | -51.4M | -75.7M | -437K | -4.5M | -9.1M |
| Net margin | — | — | — | — | — | — |
| EBITDA | -20.9M | -51.4M | -77.1M | -397.3K | -4.5M | -7.9M |
| EPS | -1.98 | -2.65 | -2.71 | -0.06 | -0.66 | -1.2 |
| Diluted EPS | -1.98 | -2.65 | -2.71 | -0.06 | -0.66 | -1.2 |
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | Q2 23 | Q3 23 | Q4 23 | Q1 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 | 10.5K | 0 |
| Cost of revenue | — | — | — | — | — | — | — | — | 55.6K | 328.1K | — | — |
| Gross profit | — | — | — | — | — | — | — | — | -55.6K | -328.1K | — | — |
| Gross margin | — | — | — | — | — | — | — | — | — | — | — | — |
| Research & development | 15M | — | — | — | — | — | — | — | 46.2K | 14.3K | 40.7K | 31.9K |
| Selling, general & administrative | 5.4M | 27.9K | 42.6K | 21K | 3M | 1.2M | 1.3M | 1.1M | 1.5M | 3.7M | 1.8M | 2.9M |
| Operating expenses | 20.4M | 27.9K | 42.6K | 21K | 3M | 1.2M | 1.3M | 1.1M | 1.6M | 3.7M | 1.9M | 3M |
| Operating income | -20.4M | -28K | -42.7K | -23.9K | -3M | -1.2M | -1.3M | -1.1M | -1.6M | -4.1M | -1.9M | -3.1M |
| Operating margin | — | — | — | — | — | — | — | — | — | — | -18.3K% | — |
| Non-operating income, net | -2.8M | — | — | — | — | — | -90K | 153K | -312.5K | -425K | 205K | 120K |
| Pretax income | -22.1M | -35.4K | -50.1K | -31.3K | -3M | -1.2M | -1.5M | -952.8K | -2.2M | -4.5M | -1.9M | -3.2M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — |
| Net income | -22.1M | -35.4K | -50.1K | -31.3K | -3M | -1.2M | -1.5M | -952.8K | -2.2M | -4.5M | -1.9M | -3.2M |
| Net margin | — | — | — | — | — | — | — | — | — | — | -17.7K% | — |
| EBITDA | -17.5M | -28K | -39.8K | -21K | -3M | -1.2M | -1.3M | -844.3K | -1.6M | -4.1M | -1.9M | -3M |
| EPS | -0.61 | -0.01 | — | -0 | -0.44 | — | -0.2 | -0.13 | -0.29 | — | -0.24 | -0.4 |
| Diluted EPS | -0.61 | -0.01 | — | -0 | -0.44 | — | -0.2 | -0.13 | -0.29 | — | -0.24 | -0.4 |
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 | — | — | — | — | — | — | — | 10.6M |
| Enterprise value | — | — | — | — | — | — | — | 20.6M |
| Shares outstanding | — | 10.7M | 19.4M | 28M | 6.9M | 6.9M | 7.6M | 7.6M |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | — | -0.74 |
| P/S | — | — | — | — | — | — | — | 1.1K |
| P/B | — | — | — | — | — | — | — | -0.59 |
| EV/EBITDA | — | — | — | — | — | — | — | -1.94 |
| EV/Sales | — | — | — | — | — | — | — | 2K |
| Earnings yield | — | — | — | — | — | — | — | -134.8% |
| FCF yield | — | — | — | — | — | — | — | -21.4% |
| PEG | — | — | — | — | — | — | — | -0 |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | — | — | — | -101.9K% |
| Net margin | — | — | — | — | — | — | — | 0% |
| ROE | — | 56.3% | -39.4% | 35.4K% | 68.6% | 85.7% | 71.3% | 71.3% |
| ROA | — | -34.5% | -34.9% | -23.6K% | -84.4% | -355.2% | -507% | -337.2% |
| ROIC | — | 19.8% | 553.8% | 53.8K% | — | — | — | — |
| Return on tangible assets | — | -34.5% | -34.9% | -86.7K% | -141.2% | -415.4% | -557.2% | -519.7% |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Current ratio | — | 17.4 | 8.96 | 0.19 | 0.04 | 0.12 | 0.02 | 0.03 |
| Quick ratio | — | 17.4 | 8.96 | 0.19 | 0.04 | 0.12 | 0.02 | 0.03 |
| Debt / equity | — | -0.01 | 0 | -0.8 | -0.96 | -0.66 | -0.75 | -0.01 |
| Debt / assets | — | 0.01 | 0 | 0.53 | 1.18 | 2.75 | 5.3 | 3.72 |
| Net debt / EBITDA | — | 2.8 | 2.72 | -0 | -1.44 | -0.77 | -1.18 | -0.84 |
| Interest coverage | — | -155.2 | — | — | -15.2 | -148.9 | -31 | -15.2 |
| Effective tax rate | — | 0% | 0% | 0% | — | — | — | — |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Revenue per share | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (basic) | — | -1.98 | -2.65 | -2.71 | -0.06 | -0.66 | -1.2 | -1.2 |
| EPS (diluted) | — | -1.98 | -2.65 | -2.71 | -0.06 | -0.66 | -1.2 | -1.51 |
| Book value per share | — | -3.51 | 6.72 | -0.01 | -0.09 | -0.77 | -1.68 | -1.18 |
| FCF per share | — | -1.54 | -2.07 | -2.26 | -0.07 | -0.2 | -0.39 | -0.47 |
| Cash per share | — | 5.52 | 7.23 | 0 | 0.01 | 0 | 0.03 | 0 |
| Capex per share | — | 0 | 0.01 | 0 | — | — | 0.13 | 0.05 |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Capex / revenue | — | — | — | — | — | — | — | 3.7K% |
| Capex / operating cash flow | — | -0.19% | -0.34% | -0.01% | — | — | -50.6% | -11.1% |
| Payout ratio | — | — | — | — | — | — | — | 0% |
| FY20 | — | -$1.98 | — | — | $0 | — |
| Q2 25 |
|---|
| Q3 25 |
|---|
| Q4 25 |
|---|
| Q1 26 |
|---|
| Q2 26 |
|---|
| Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $10.5K | $0 |
| YoY change | — | — | 0% | 0% | 0% | 0% | 0% | — | 0% | 0% | +InfinityT% | 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 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 5.8M | 58.9M | 140.2M | 100K | 37.3K | 32.6K | 213.7K |
| Receivables | — | — | — | — | — | — | — |
| Inventory | — | — | — | — | — | — | — |
| Total current assets | 6.3M | 59.5M | 146.1M | 100K | 45.5K | 769.9K | 317.5K |
| Property, plant & equipment | 692K | 546K | 551K | 104.1K | 368.2K | 414K | 1.4M |
| Goodwill & intangibles | — | — | — | 233.5K | 208.2K | 184.9K | 161.5K |
| Total assets | 7.4M | 61.1M | 147.1M | 320.8K | 517.8K | 1.3M | 1.8M |
| Accounts payable | 261K | 816K | 6.1M | 220.2K | 505.4K | 1.9M | 1.5M |
| Short-term debt | 137K | 141K | 160K | 170.4K | 611.3K | 3.5M | 9.5M |
| Total current liabilities | 1.2M | 3.4M | 16.3M | 534.5K | 1.2M | 6.2M | 13.3M |
| Long-term debt | 3.2M | 312K | 252K | — | — | — | — |
| Total liabilities | 24.6M | 98.5M | 16.6M | 534.5K | 1.2M | 6.6M | 14.5M |
| Shareholders' equity | -17.2M | -37.4M | 130.5M | -213.7K | -636.9K | -5.3M | -12.7M |
| Total debt | 3.3M | 453K | 412K | 170.4K | 611.3K | 3.5M | 9.5M |
| Net debt | -2.5M | -58.4M | -24.4M | 70.4K | 573.9K | 3.5M | 9.3M |
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 | Q1 23 | Q2 23 | Q3 23 | Q4 23 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 109.8M | 86.3M | 77.3M | 37.3K | 239.9K | 32.6K | 273.1K | 16.5K | 236.7K | 213.7K | 580.6K | 32.6K |
| Receivables | — | — | — | — | — | — | — | — | — | — | — | — |
| Inventory | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 113M | 91M | 80.8M | 45.5K | 250.4K | 769.9K | 680.5K | 439.2K | 585.8K | 317.5K | 1.1M | 431.4K |
| Property, plant & equipment | 299K | 550K | 1.1M | 368.2K | 414K | 414K | 553.4K | 1M | 1.3M | 1.4M | 1.4M | 1.5M |
| Goodwill & intangibles | — | — | — | 208.2K | 190.7K | 184.9K | 179K | 173.2K | 167.3K | 161.5K | 155.7K | 149.8K |
| Total assets | 114.2M | 91.7M | 82.1M | 517.8K | 759.8K | 1.3M | 1.3M | 1.6M | 1.9M | 1.8M | 2.6M | 2.4M |
| Accounts payable | 7.4M | 5.8M | 9M | 505.4K | 711.6K | 1.9M | 2.2M | 1.4M | 2.3M | 1.5M | 1.9M | 2.2M |
| Short-term debt | 164K | 164K | 456K | 611.3K | 806.9K | 3.5M | 4.2M | 5.9M | 7M | 9.5M | 12.2M | 8.9M |
| Total current liabilities | 19.5M | 18.3M | 14.5M | 1.2M | 1.6M | 6.2M | 7.7M | 8.8M | 10.7M | 13.3M | 15.9M | 13.6M |
| Long-term debt | 77K | 39K | 0 | — | — | — | — | — | — | — | — | 71.9K |
| Total liabilities | 19.6M | 18.4M | 14.5M | 1.2M | 1.6M | 6.6M | 8.1M | 9.3M | 11.5M | 14.5M | 17M | 14.6M |
| Shareholders' equity | 94.6M | 73.3M | 67.5M | -636.9K | -808.1K | -5.3M | -6.8M | -7.7M | -9.6M | -12.7M | -14.3M | -12.2M |
| Total debt | 241K | 203K | 456K | 611.3K | 806.9K | 3.5M | 4.2M | 5.9M | 7M | 9.5M | 12.2M | 9M |
| Net debt | -43.9M | -39.9M | -36.9M | 573.9K | 567.1K | 3.5M | 4M | 5.9M | 6.8M | 9.3M | 11.6M | 8.9M |
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 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|
| Net income | -21.1M | -51.4M | -75.7M | -437K | -4.5M | -9.1M |
| Depreciation & amortization | 52K | 71K | 80K | 12.6K | 11.7K | 18.6K |
| Stock-based compensation | 865K | 3.1M | 4.9M | 3.8K | 2.8M | 1.6M |
| Change in working capital | 374K | 5.5M | 567K | 285.2K | 28.5K | -113.7K |
| Operating cash flow | -12.5M | -37.2M | -71.2M | -124K | -1.3M | -2M |
| Capital expenditure | -24K | -128K | -8K | — | — | -987.8K |
| Investing cash flow | -5.2M | -115.7M | 47.2M | — | — | -987.8K |
| Dividends paid | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — |
| Financing cash flow | 69.4M | 121.5M | 52.6M | 405K | 1.4M | 3.1M |
| Net change in cash | 51.8M | -31.5M | 28.5M | 281K | 26K | 181.1K |
| Free cash flow | -16.4M | -40.1M | -63.2M | -502.3K | -1.4M | -2.9M |
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 | Q2 23 | Q3 23 | Q4 23 | Q1 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income | -22.1M | -7M | -50.1K | -31.3K | -3M | -1.2M | -1.5M | -952.8K | -2.2M | -4.5M | -1.9M | -3.2M |
| Depreciation & amortization | 17K | 154K | 2.9K | 2.9K | 2.9K | 2.9K | 2.9K | 2.9K | 2.9K | 9.8K | 13.3K | 13.3K |
| Stock-based compensation | 837K | 1.2M | 0 | — | — | 57K | — | — | 349.3K | 1.3M | 258.1K | 1.4M |
| Change in working capital | -899K | 3.1M | 9.8K | -108.6K | 138.5K | -177.7K | 229.6K | -940.2K | 675.1K | -751.5K | 333.2K | -48.9K |
| Operating cash flow | -22.1M | -2.5M | -34.7K | 32.3K | -2.9M | -1.2M | -1.2M | -383.3K | -234K | -328.7K | -1.9M | -1M |
| Capital expenditure | — | -380K | — | — | — | — | — | -473.3K | -245.8K | -129.3K | -9.5K | 0 |
| Investing cash flow | 19.9M | 6.2M | — | — | — | — | — | -473.3K | -245.8K | -129.3K | -9.5K | 0 |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | 0 | 0 | -1 | 0 | 0 | 1.1M | 1.4M | 600K | 700K | 435K | 2.3M | 500K |
| Net change in cash | -2.2M | 3.7M | -34.7K | 32.3K | -2.9M | -12K | 137.2K | -256.7K | 220.3K | -23K | 367K | -525.2K |
| Free cash flow | -23.9M | -9.4M | -67K | -28.5K | -121.3K | -1.2M | -1.1M | -856.7K | -479.7K | -458K | -1.9M | -1M |