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 | -$0.17 | -$0.1 | +41.2% | — | $0 | — |
| Q1 26 | -$0.49 | -$0.19 | +61.2% | — | $0 | — |
| Q4 25 | -$0.21 | -$1.22 | -481.0% | — | $0 | — |
| Q3 25 | -$0.24 | -$0.21 | +12.5% | — | $0 | — |
| Q2 25 | -$0.22 | -$0.28 | -27.3% | — | $0 | — |
| Q1 25 | -$0.21 | -$0.25 | -19.0% | — | $0 | — |
| Q3 24 | -$0.35 | -$0.27 | +22.9% | — | $0 | — |
| Q2 24 | -$0.42 | -$0.45 | -7.1% | — | $0 | — |
| Q1 24 | -$1.02 | -$0.86 | +15.7% | — | $0 | — |
| Q3 23 | — | -$0.4 | — | — | $0 | — |
| Q2 23 | — | -$0.39 | — | — | $0 | — |
| Q1 23 | -$0.6 | -$1.05 | -75.0% | — | $0 | — |
| Q4 22 | -$1.34 | -$1.02 | +23.9% | — | $0 | — |
| Q3 22 | -$1.6 | -$1.4 | +12.5% | — | $0 | — |
| Q2 22 | -$1.8 | -$1.8 | 0.0% | — | $0 | — |
| Q1 22 | -$1.53 | -$1.8 | -17.6% | — | $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 | — | -$1.96 | — | — | $0 | — |
| FY24 | — | -$3.51 | — | — | $0 | — |
| FY23 | — | -$3.42 | — | — | $0 | — |
| FY22 | — | -$6.02 | — | — | $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% | 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 | 10.3M | 14.2M | 18.4M | 17.7M | 11.2M | 17M | 18M | 4M | 14.2M | 11M |
| Selling, general & administrative | 7.9M | 8.8M | 13.5M | 12.3M | 9.3M | 9.6M | 9.7M | 11.4M | 13.9M | 10.9M |
| Operating expenses | 18.2M | 23M | 31.9M | 30M | 20.5M | 26.6M | 27.6M | 15.3M | 28.1M | 21.9M |
| Operating income | -18.2M | -23M | -31.9M | -30M | -20.5M | -26.6M | -27.6M | -15.3M | -28.1M | -21.9M |
| Operating margin | — | — | — | — | — | — | — | — | — | — |
| Non-operating income, net | — | — | — | — | -700K | 441K | 318K | -728K | -36.6M | -28.7M |
| Pretax income | -18.1M | -22.6M | -31.5M | -29.4M | -21.2M | -26.2M | -27.3M | -15.7M | -64.3M | -50.6M |
| Income tax | — | — | — | — | — | — | — | — | -1.5M | -712K |
| Net income | -18.1M | -22.6M | -31.5M | -29.4M | -21.2M | -26.2M | -27.3M | -15.7M | -62.8M | -49.9M |
| Net margin | — | — | — | — | — | — | — | — | — | — |
| EBITDA | -17.9M | -22.9M | -31.7M | -29.8M | -20.4M | -26.5M | -27.5M | -14.5M | 8.7M | 6.8M |
| EPS | -33.3 | -60.8 | -42.8 | -24 | -12.2 | -5.89 | -6.02 | -3.42 | -3.51 | -1.96 |
| Diluted EPS | -33.3 | -60.8 | -42.8 | -24 | -12.2 | -5.89 | -6.02 | -3.42 | -3.51 | -1.96 |
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 | 22K | 2M | 3.5M | 3.7M | 3.7M | 3.3M | 3.1M | 4.3M | 1.7M | 2M | 3.1M | 3.6M |
| Selling, general & administrative | 2M | 5.3M | 3.7M | 5.3M | 2.3M | 2.5M | 2.6M | 2.6M | 3.8M | 2M | 2.2M | 2.4M |
| Operating expenses | 2M | 7.3M | 7.2M | 9M | 6.1M | 5.8M | 5.6M | 6.9M | 5.5M | 4M | 5.2M | 6.1M |
| Operating income | -2M | -7.3M | -7.2M | -9M | -6.1M | -5.8M | -5.6M | -6.9M | -5.5M | -4M | -5.2M | -6.1M |
| Operating margin | — | — | — | — | — | — | — | — | — | — | — | — |
| Non-operating income, net | 150K | -59K | 92K | 97K | 224K | -37M | 108K | 49K | -89K | -28.7M | -608K | -299K |
| Pretax income | -1.8M | -7.3M | -7.1M | -8.9M | -5.8M | -42.4M | -5.5M | -6.8M | -5.6M | -32.7M | -5.8M | -6.4M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — |
| Net income | -1.8M | -7.3M | -7.1M | -8.9M | -5.8M | -40.9M | -5.5M | -6.8M | -5.6M | -32M | -5.8M | -6.4M |
| Net margin | — | — | — | — | — | — | — | — | — | — | — | — |
| EBITDA | -2M | -7.5M | -7.1M | -9M | -6.1M | 30.9M | -5.6M | -6.9M | -5.5M | -4M | -5.2M | -6.1M |
| EPS | -0.4 | — | -0.86 | -0.45 | -0.27 | — | -0.25 | -0.28 | -0.21 | — | -0.19 | -0.1 |
| Diluted EPS | -0.4 | — | -0.86 | -0.45 | -0.27 | — | -0.25 | -0.28 | -0.21 | — | -0.19 | -0.1 |
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 | — | — | — | — | — | — | 10.8M | 14M | — | — | 62.2M |
| Enterprise value | — | — | — | — | — | — | -10.5M | -3.2M | — | — | 68.9M |
| Shares outstanding | 545.7K | 372.2K | 736.9K | 1.2M | 1.7M | 4.4M | 4.5M | 4.6M | 17.9M | 25.4M | 25.4M |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | — | — | — | — | -0.37 |
| P/B | — | — | — | — | — | — | 0.58 | 2.04 | — | — | 6.06 |
| EV/EBITDA | — | — | — | — | — | — | 0.38 | 0.22 | — | — | -3.32 |
| Earnings yield | — | — | — | — | — | — | — | — | — | — | -267.8% |
| FCF yield | — | — | — | — | — | — | -231.1% | -141.3% | — | — | -12.5% |
| PEG | — | — | — | — | — | — | — | — | — | — | 0.01 |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | — | — | — | — | — | — | 0% |
| Net margin | — | — | — | — | — | — | — | — | — | — | 0% |
| ROE | 16.2% | -47.3% | -161% | -183% | -174.3% | -59.6% | -146.7% | -227.6% | -668.7% | 177.6% | -96.4% |
| ROA | -82.3% | -42.9% | -104.1% | -110.9% | -129.7% | -54% | -124.2% | -14.8% | -100.9% | -206.4% | -21% |
| ROIC | — | — | — | — | — | — | — | — | 808.3% | 70.1% | 70.1% |
| Return on tangible assets | -82.3% | -42.9% | -104.1% | -110.9% | -129.7% | -54% | -124.2% | 24.1% | 180% | 321.7% | -217.4% |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current ratio | 5.18 | 10.6 | 4.05 | 3.35 | 4.12 | 10.7 | 6.46 | 4.17 | 2.38 | 0.7 | 4.27 |
| Quick ratio | 5.18 | 10.6 | 4.05 | 3.35 | 4.12 | 10.7 | 6.46 | 4.17 | 2.38 | 0.7 | 4.27 |
| Debt / equity | — | 0 | 0.27 | 0.31 | 0.03 | 0 | 0 | 0.01 | — | — | 0 |
| Debt / assets | — | 0 | 0.18 | 0.19 | 0.02 | 0 | 0 | 0 | — | — | — |
| Net debt / EBITDA | — | 2.22 | 0.48 | 0.44 | 0.66 | 1.73 | 0.77 | 1.19 | — | — | -6 |
| Effective tax rate | — | — | — | — | — | — | — | — | 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) | -33.3 | -60.8 | -42.8 | -24 | -12.2 | -5.89 | -6.02 | -3.42 | -3.51 | -1.96 | -1.96 |
| EPS (diluted) | -33.3 | -60.8 | -42.8 | -24 | -12.2 | -5.89 | -6.02 | -3.42 | -3.51 | -1.96 | -1.68 |
| Book value per share | -204.9 | 128.4 | 26.6 | 13.1 | 6.98 | 9.89 | 4.1 | 1.5 | 0.52 | -1.1 | 0.12 |
| FCF per share | -27.5 | -55.5 | -43.9 | -21.7 | -11.7 | -5.38 | -5.48 | -4.31 | -1.24 | -0.76 | -0.28 |
| Cash per share | 38 | 136.4 | 28.1 | 14.9 | 7.92 | 10.3 | 4.68 | 3.76 | 0.72 | 0.13 | 0.47 |
| Capex per share | 0 | 0.38 | 6 | 0.12 | 0.12 | 0.02 | 0 | 0.01 | 0 | — | — |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Capex / operating cash flow | 0% | -0.68% | -15.8% | -0.6% | -1.71% | -0.38% | 0% | -0.22% | 0% | — | — |
| Payout ratio | — | — | — | — | — | — | — | — | — | — | 0% |
| FY21 | — | -$5.89 | — | — | $0 | — |
| FY20 | — | -$12.2 | — | — | $0 | — |
| FY19 | — | -$24 | — | — | $0 | — |
| FY18 | — | -$42.8 | — | — | $0 | — |
| FY17 | — | -$60.8 | — | — | $0 | — |
| FY16 | — | -$33.3 | — | — | $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 | 20.7M | 50.8M | 20.7M | 18.3M | 13.8M | 45.9M | 21.2M | 17.3M | 12.9M | 3.2M |
| Receivables | — | — | — | — | — | — | — | — | — | — |
| Inventory | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 21.1M | 51.8M | 21.8M | 19.6M | 16.3M | 48.2M | 21.9M | 18.3M | 13.7M | 4.3M |
| Property, plant & equipment | 1.3M | 154K | 7.3M | 6.4M | 15K | 280K | 70K | 19K | — | — |
| Goodwill & intangibles | — | — | — | — | — | — | 0 | 171.1M | 97.1M | 39.7M |
| Total assets | 22M | 52.7M | 30.3M | 26.5M | 16.3M | 48.5M | 22M | 106M | 62.2M | 24.2M |
| Accounts payable | 2M | 1.6M | 1.7M | 1.5M | 1.6M | 1.2M | 1.7M | 1.2M | 911K | 4M |
| Short-term debt | — | — | — | 446K | 168K | 93K | 33K | 48K | — | — |
| Total current liabilities | 4.1M | 4.9M | 5.4M | 5.8M | 4M | 4.5M | 3.4M | 4.4M | 5.7M | 6.2M |
| Long-term debt | — | 0 | 5.3M | 4.6M | 219K | 69K | 0 | — | — | — |
| Total liabilities | 133.8M | 4.9M | 10.7M | 10.4M | 4.2M | 4.6M | 3.4M | 99.1M | 52.8M | 52.2M |
| Shareholders' equity | -111.8M | 47.8M | 19.6M | 16M | 12.2M | 43.9M | 18.6M | 6.9M | 9.4M | -28.1M |
| Total debt | — | 0 | 5.3M | 5M | 387K | 162K | 33K | 48K | — | — |
| Net debt | — | -11.9M | -5.3M | -279K | -6.7M | -3.4M | -5.2M | -17.3M | — | — |
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 | 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 | — | — | 12M | 21.9M | 17.7M | 12.9M | 7.4M | 5.7M | 4M | 3.2M | 4.4M | 40.6M |
| Receivables | — | — | — | — | — | — | — | — | — | — | — | — |
| Inventory | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current assets | — | — | 12.8M | 23.2M | 18.7M | 13.7M | 8.3M | 6.6M | 5.2M | 4.3M | 5.5M | 41.5M |
| Property, plant & equipment | -295K | -358K | — | — | — | — | — | — | — | — | — | — |
| Goodwill & intangibles | — | — | 171.1M | 171.1M | 171.1M | 97.1M | 97.1M | 97.1M | 97.1M | 39.7M | 39.7M | 43.1M |
| Total assets | — | — | 99.2M | 109.4M | 104.2M | 62.2M | 57.6M | 57.5M | 53.7M | 24.2M | 26.3M | 66M |
| Accounts payable | — | — | 2.2M | 782K | 1.1M | 911K | 1.1M | 6M | 4.1M | 4M | 6.3M | 4.5M |
| Short-term debt | — | — | — | — | — | — | — | — | — | — | 4.9M | — |
| Total current liabilities | — | — | 4.5M | 4.9M | 5.7M | 5.7M | 6M | 7.7M | 5.7M | 6.2M | 13.6M | 9.7M |
| Long-term debt | — | — | — | — | — | — | — | — | — | — | — | — |
| Total liabilities | — | — | 54.4M | 53.4M | 54M | 52.8M | 52.8M | 54.5M | 52.5M | 52.2M | 59.7M | 55.8M |
| Shareholders' equity | — | — | 44.8M | 56M | 50.2M | 9.4M | 4.9M | 3M | 1.2M | -28.1M | -33.4M | 10.2M |
| Total debt | — | — | — | — | — | — | — | — | — | — | 4.9M | — |
| Net debt | — | — | — | — | — | — | — | — | — | — | 478K | — |
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 | -18.1M | -22.6M | -31.5M | -29.4M | -21.2M | -26.2M | -27.3M | -15.7M | -62.9M | -49.9M |
| Depreciation & amortization | 232K | 129K | 218K | 155K | 163K | 121K | 169K | 119K | 63K | 1K |
| Stock-based compensation | 688K | 1.7M | 3.3M | 2.1M | 1.9M | 2.3M | 2.1M | 1.2M | 1.1M | 2.2M |
| Change in working capital | 419K | -105K | 134K | 2M | 7.2M | -476K | 381K | -5M | 587K | 2.1M |
| Operating cash flow | -16.8M | -20.8M | -27.9M | -25.1M | -11.9M | -24.3M | -24.7M | -19.5M | -61.1M | -19.4M |
| Capital expenditure | 0 | -142K | -4.4M | -151K | 203K | -91K | 0 | 42K | 0 | — |
| Investing cash flow | -25K | -38.9M | 24.7M | -2.8M | 6.4M | -35.9M | 26.5M | 16.2M | 0 | — |
| Dividends paid | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | 32M | 50.5M | 4.9M | 23.8M | 15.8M | 55.6M | 0 | 15.8M | 10.6M | 6.3M |
| Net change in cash | 15.1M | -9.3M | 1.7M | -4.1M | 10.3M | -4.6M | 1.8M | 12.5M | -50.5M | -13.1M |
| Free cash flow | -15M | -20.7M | -32.3M | -26.6M | -20.5M | -23.9M | -24.9M | -19.8M | -22.3M | -19.4M |
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 | -1.8M | -7.3M | -7.1M | -8.9M | -5.8M | -41M | -5.5M | -6.8M | -5.6M | -32M | -5.8M | -6.4M |
| Depreciation & amortization | 12K | 52K | 59K | 4K | 0 | 0 | 0 | 1K | 0 | 0 | — | — |
| Stock-based compensation | 229K | 270K | 150K | 326K | 508K | 133K | 264K | 256K | 1.4M | 257K | 156K | 164K |
| Change in working capital | 348K | -3.8M | 2.2M | -1.1M | 888K | 109K | -803K | 3.3M | 439K | -147K | 1.3M | -2.6M |
| Operating cash flow | -1.2M | -10.8M | -4.7M | -9.7M | -4.5M | -40.7M | -6M | -6.4M | -3.5M | -3.2M | -3.4M | -8.6M |
| Capital expenditure | — | 0 | — | — | — | 0 | — | — | — | — | — | — |
| Investing cash flow | 500K | 0 | 0 | 0 | 0 | 0 | — | — | — | — | — | — |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | 0 | — | — | 10.9M | -292K | 0 | 737K | -370K | 1.4M | 2.4M | 4.7M | 53.2M |
| Net change in cash | -738K | -10.8M | -4.7M | 1.3M | -4.7M | -40.7M | -5.3M | -6.8M | -2.1M | -818K | 1.2M | 44.5M |
| Free cash flow | -1.6M | -10.4M | -5.3M | -8.4M | -3.8M | -4.8M | -6.2M | -6.4M | -3.5M | -3.2M | -3.4M | -8.6M |