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 % |
|---|---|---|---|---|---|---|
| Q1 25 | -$89.9 | -$1.3K | -1331.0% | — | $0 | — |
| Q3 24 | -$452.8 | -$147.8 | +67.3% | — | $0 | — |
| Q2 24 | -$21.4K | -$27.4K | -27.6% | — | $0 | — |
| Q1 24 | -$25.9K | -$600.6 | +97.7% | — | $0 | — |
| Q3 23 | -$1.5 | -$1.68 | -12.0% | — | $0 | — |
| Q2 23 | -$3.39 | -$3.29 | +2.9% | — | $0 | — |
| Q1 23 | -$0.38 | -$0.4 | -5.3% | — | — | — |
| Q4 22 | -$0.4 | -$0.33 | +17.5% | — | — | — |
| Q3 22 | -$0.3 | -$0.36 | -20.0% | — | — | — |
| Q2 22 | — | -$0.27 | — | — | — | — |
| Q1 22 | -$184.8K | -$170K | +8.0% | — | $0 | — |
| Q3 21 | — | -$0.2 | — | — | $0 | — |
| Q2 21 | — | $0.51 | — | — | $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 | — | -$52.6 | — | — | $0 | — |
| FY24 | — | -$1.3K | — | — | $0 | — |
| FY23 | — | -$103.6 | — | — | $0 | — |
| FY22 | — | -$1.1K | — | — | $0 | — |
| FY21 | — | -$648 | — |
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 | 226.3K | 284.5K | 2.8M | 10.2M | 12.3M | 9.7M | 13.4M |
| Selling, general & administrative | 230.6K | 442.1K | 3.4M | 8.4M | 7.2M | 6M | 5.8M |
| Operating expenses | 456.9K | 726.6K | 5.9M | 17.6M | 18.5M | 15.1M | 17.9M |
| Operating income | -456.9K | -726.6K | -5.9M | -17.6M | -18.5M | -15.1M | -17.9M |
| Operating margin | — | — | — | — | — | — | — |
| Non-operating income, net | 6.6K | -1.2M | -876.2K | — | — | -995.3K | -16.6M |
| Pretax income | -607.2K | -2.3M | -6.8M | -17.6M | -18.5M | -16.8M | -34.4M |
| Income tax | 0 | 0 | — | — | — | — | 226.1K |
| Net income | -607.2K | -2.3M | -6.8M | -17.6M | -18.5M | -16.8M | -34.7M |
| Net margin | — | — | — | — | — | — | — |
| EBITDA | -456.8K | -726.5K | -5.8M | -17.4M | -18M | -15.2M | -17.7M |
| EPS | -72 | -293.8 | -648 | -1.1K | -103.6 | -1.3K | -52.6 |
| Diluted EPS | -72 | -293.8 | -648 | -1.1K | -103.6 | -1.3K | -52.6 |
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 | 3.3M | 3.4M | 1.8M | 3.1M | 1.2M | 3.6M | 2.2M | 2.6M | 3.2M | 5.5M | 15.5M | 3.7M |
| Selling, general & administrative | 2M | 695.4K | 1.5M | 2M | 938K | 1.5M | 951.7K | 1.7M | 1.4M | 1.8M | 2.2M | 2.5M |
| Operating expenses | 5.3M | 4M | 3.3M | 5.1M | 2.2M | 4.6M | 2.8M | 4.1M | 4.5M | 6.5M | 17.6M | 6.2M |
| Operating income | -5.3M | -4M | -3.3M | -5.1M | -2.2M | -4.6M | -2.8M | -4.1M | -4.5M | -6.5M | -17.6M | -6.2M |
| Operating margin | — | — | — | — | — | — | — | — | — | — | — | — |
| Non-operating income, net | — | — | -55.3K | -72.6K | -157.3K | -710K | -9.3M | -209.2K | -311.2K | -6.8M | -30.5K | -593.3K |
| Pretax income | -5.3M | -4.1M | -3.3M | -5.2M | -2.3M | -5.9M | -12.1M | -4.3M | -4.9M | -13.2M | -17.6M | -6.7M |
| Income tax | — | — | — | — | — | — | — | — | — | — | 231.3K | 300 |
| Net income | -5.3M | -4.1M | -3.3M | -5.2M | -2.3M | -5.9M | -12.1M | -4.3M | -4.9M | -13.4M | -17.8M | -6.8M |
| Net margin | — | — | — | — | — | — | — | — | — | — | — | — |
| EBITDA | -5.1M | -3.9M | -3.1M | -5M | -2M | -5.1M | -2.8M | -4.1M | -4.5M | -6.4M | -17.5M | -6.7M |
| EPS | -48.4 | — | -21.4 | -683.8 | -147.8 | — | -70.3 | -5.13 | -5.82 | — | -21.3 | -7.17 |
| Diluted EPS | -48.4 | — | -21.4 | -683.8 | -147.8 | — | -70.3 | -5.13 | -5.82 | — | -21.3 | -7.17 |
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 | — | — | — | — | — | — | — | 29M |
| Enterprise value | — | — | — | — | — | — | — | 187.3M |
| Shares outstanding | 6.4K | 8K | 10.5K | 16.2K | 179K | 12.7K | 689.7K | 689.7K |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | — | 0 |
| P/B | — | — | — | — | — | — | — | 0.01 |
| EV/EBITDA | — | — | — | — | — | — | — | -7.41 |
| Earnings yield | — | — | — | — | — | — | — | 2M% |
| FCF yield | — | — | — | — | — | — | — | -47.6% |
| PEG | — | — | — | — | — | — | — | 0 |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | — | — | — | 0% |
| Net margin | — | — | — | — | — | — | — | 0% |
| ROE | 54.7% | 68.8% | -33.5% | -542% | -1.1K% | 830% | -22.8% | -59.3% |
| ROA | -297% | -222.1% | -29.8% | -231.5% | -358.7% | -229.7% | -21.3% | -19.9% |
| ROIC | 118.2% | 33.8% | — | — | — | — | -13.4% | -13.4% |
| Return on tangible assets | -297% | -222.1% | -29.8% | -231.5% | -358.7% | -229.7% | 29.5% | 33.2% |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Current ratio | 3.25 | 2.05 | 8.97 | 1.7 | 1.28 | 2.56 | 6.29 | 1.97 |
| Quick ratio | 3.25 | 2.05 | 8.97 | 1.7 | 1.28 | 2.56 | 6.29 | 1.97 |
| Debt / equity | -0.84 | -0.61 | — | 0 | 0.27 | -0.02 | — | 0 |
| Debt / assets | 4.54 | 1.98 | — | 0 | 0.09 | 0.01 | — | 0 |
| Net debt / EBITDA | -1.58 | -1.73 | — | 0.28 | 0.13 | 0.38 | — | 0.22 |
| Interest coverage | -2.87 | -4.94 | -71 | -548.1 | -330.8 | -623.9 | -5.2K | -6.5K |
| Effective tax rate | 0% | 0% | — | — | — | — | 0% | 0% |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Revenue per share | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (basic) | -72 | -293.8 | -648 | -1.1K | -103.6 | -1.3K | -52.6 | -52.6 |
| EPS (diluted) | -72 | -293.8 | -648 | -1.1K | -103.6 | -1.3K | -52.6 | -48.3 |
| Book value per share | -173.2 | -427.2 | 1.9K | 199.8 | 9.17 | -158.7 | 220.2 | -27.4 |
| FCF per share | -79.4 | -61.8 | -524.3 | -977.9 | -101.2 | -1.1K | -28.3 | -23.6 |
| Cash per share | 31.9 | 103.8 | 2K | 306.3 | 15.5 | 456.9 | 25.8 | 0.49 |
| Capex per share | — | 0 | 23.9 | 6.22 | 0.2 | 1.71 | — | — |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Capex / operating cash flow | — | 0% | -5.86% | -0.65% | -0.21% | -0.15% | — | — |
| Payout ratio | — | — | — | — | — | — | — | 0% |
| — |
| $0 |
| — |
| FY20 | — | -$293.8 | — | — | $0 | — |
| FY19 | — | -$72 | — | — | $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 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 204.5K | 828K | 20.8M | 5M | 2.8M | 5.8M | 17.8M |
| Receivables | — | — | — | — | — | — | — |
| Inventory | — | — | — | — | — | — | — |
| Total current assets | 204.5K | 831.2K | 22.7M | 7.4M | 4.5M | 7.1M | 22M |
| Property, plant & equipment | — | — | 453.8K | 208.6K | 602.4K | 89.3K | 370.7K |
| Goodwill & intangibles | — | — | — | — | — | — | 280.1M |
| Total assets | 204.5K | 1.1M | 22.9M | 7.6M | 5.2M | 7.3M | 162.4M |
| Accounts payable | — | — | — | — | — | — | — |
| Short-term debt | — | — | — | — | 412.3K | 38.3K | — |
| Total current liabilities | 62.9K | 404.9K | 2.5M | 4.3M | 3.5M | 2.8M | 3.5M |
| Long-term debt | 927.8K | 2.1M | — | 0 | 38.3K | 0 | — |
| Total liabilities | 1.3M | 4.5M | 2.5M | 4.3M | 3.5M | 9.3M | 10.5M |
| Shareholders' equity | -1.1M | -3.4M | 20.4M | 3.2M | 1.6M | -2M | 151.9M |
| Total debt | 927.8K | 2.1M | — | 0 | 450.6K | 38.3K | — |
| Net debt | 723.3K | 1.3M | — | -5M | -2.3M | -5.8M | — |
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 | 7.5M | 2.8M | 4.9M | 3.4M | 1.9M | 5.8M | 11.6M | 7.4M | 2.8M | 17.8M | 12.8M | 8.4M |
| Receivables | — | — | — | — | — | — | — | — | — | — | — | — |
| Inventory | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 9.4M | 4.5M | 6.7M | 4.4M | 3.6M | 7.1M | 13M | 8.2M | 4.8M | 22M | 16.7M | 10.6M |
| Property, plant & equipment | 742.6K | 602.4K | 464.6K | 326.3K | 211.7K | 89.3K | 38.1K | 24.7K | 19.9K | 370.7K | 346.7K | 322.8K |
| Goodwill & intangibles | — | — | — | — | — | — | — | — | — | 280.1M | 280.1M | 280.1M |
| Total assets | 10.2M | 5.2M | 7.3M | 4.8M | 3.9M | 7.3M | 13.2M | 8.3M | 5.2M | 162.4M | 157.2M | 151M |
| Accounts payable | — | — | — | — | — | — | — | — | — | — | — | — |
| Short-term debt | 404.9K | 412.3K | 339.4K | 227.2K | 152.5K | 38.3K | — | — | — | — | — | 652.4K |
| Total current liabilities | 5.6M | 3.5M | 2.7M | 3.5M | 2.3M | 2.8M | 2.5M | 1.6M | 3M | 3.5M | 5.4M | 5.4M |
| Long-term debt | 189.8K | 38.3K | 0 | 0 | 0 | 0 | — | — | — | — | — | — |
| Total liabilities | 5.8M | 3.5M | 2.7M | 3.5M | 2.3M | 9.3M | 2.9M | 2.1M | 3.8M | 10.5M | 12.6M | 12.7M |
| Shareholders' equity | 4.4M | 1.6M | 4.6M | 1.3M | 1.7M | -2M | 10.3M | 6.1M | 1.4M | 151.9M | 144.5M | 138.4M |
| Total debt | 594.7K | 450.6K | 339.4K | 227.2K | 152.5K | 38.3K | — | — | — | — | — | 652.4K |
| Net debt | -6.9M | -2.3M | -4.6M | -3.1M | -1.7M | -5.8M | — | — | — | — | — | -7.7M |
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 | -607.2K | -2.3M | -6.8M | -17.6M | -18.5M | -16.8M | -34.7M |
| Depreciation & amortization | — | 0 | 42.5K | 98.6K | 516.7K | 534.9K | 114.2K |
| Stock-based compensation | 1.4K | 45.4K | 186K | 395.3K | 1M | 1.7M | 485.4K |
| Change in working capital | -54.7K | 191.3K | 2.3M | 1.5M | -149K | -413.9K | -678.2K |
| Operating cash flow | -552K | -1.8M | -4.3M | -15.6M | -17.1M | -14.9M | -19.5M |
| Capital expenditure | — | 0 | -251.8K | -100.9K | -35.6K | -21.8K | — |
| Investing cash flow | — | 0 | -251.8K | -100.9K | -35.6K | -21.8K | 2.2K |
| Dividends paid | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — |
| Financing cash flow | 500K | 1.1M | 25.5M | 0 | 15.9M | 16.4M | 31.5M |
| Net change in cash | -52K | -717.8K | 20.9M | -15.7M | -1.3M | 1.4M | 12M |
| Free cash flow | -508.5K | -493K | -5.5M | -15.9M | -18.1M | -13.4M | -19.5M |
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 | -5.3M | -4.1M | -3.3M | -5.2M | -2.3M | -5.9M | -12.1M | -4.3M | -4.9M | -13.4M | -17.8M | -6.8M |
| Depreciation & amortization | 138.8K | 140.2K | 141.6K | 142.8K | 127.5K | 122.9K | 51.2K | 13.4K | 4.8K | 44.8K | 23.9K | 23.9K |
| Stock-based compensation | 392.3K | 310.3K | 183.2K | 1.1M | 204.5K | 168.8K | 157.7K | 131.5K | 134.3K | 61.9K | 0 | 0 |
| Change in working capital | -96K | -171.4K | -138.2K | -112.2K | -86.7K | -76.8K | -386.1K | 146.3K | -22.2K | -528.1K | 1.3M | -21K |
| Operating cash flow | -4.9M | -3.8M | -3.1M | -4M | -2.1M | -5.7M | -12.3M | -4.2M | -4.1M | -8.1M | -5M | -5.4M |
| Capital expenditure | -4.6K | 0 | -3.8K | -4.6K | -12.9K | -500 | 0 | — | — | — | — | — |
| Investing cash flow | -4.6K | 0 | -3.8K | -4.6K | -12.9K | -500 | 0 | — | — | — | — | — |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | 7.3M | 978.2K | 6.1M | 785.2K | 2.4M | 7.1M | 8.9M | 0 | 0 | 22.7M | 0 | 0 |
| Net change in cash | 2.4M | -2.8M | 2.9M | -3.2M | 357.8K | 1.4M | -3.4M | -4.2M | -4.1M | 14.5M | -5M | -5.4M |
| Free cash flow | -3.5M | -5.7M | -3.9M | -2.3M | -3.9M | -3.1M | -3.1M | -4.2M | -4.1M | -8.1M | -5M | -5.4M |