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 % |
|---|---|---|---|---|---|---|
| Q4 23 | $0.11 | $0.06 | -45.5% | — | — | — |
| Q3 23 | -$38.4 | -$27.9 | +27.3% | — | $142K | — |
| Q2 23 | -$40.8 | -$38.4 | +5.9% | — | $0 | — |
| Q4 22 | -$0.24 | -$0.15 | +37.5% | — | $0 | — |
| Q3 22 | -$55.2 | -$40.8 | +26.1% | — | $202K | — |
| Q2 22 | — | -$0.26 | — | — | $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 | — | -$6.15 | — | — | $1.5M | — |
| FY24 | — | -$55.5 | — | — | $1.3M | — |
| FY23 | — | -$129 | — | — | $142K | — |
| FY22 | — | -$177.3 | — | — | $421K | — |
| FY21 | — | -$5.24 |
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 | $888K | $421K | $142K | $1.3M | $1.5M |
| YoY change | — | 0% | +InfinityT% | -52.6% | -66.3% | +815.5% | +14.4% |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | Q1 21 | Q2 21 |
|---|
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 | 888K | 421K | 142K | 1.3M | 1.5M |
| Cost of revenue | — | — | 657K | 661K | 61K | 850K | 935K |
| Gross profit | — | — | 231K | -240K | 81K | 450K | 552K |
| Gross margin | — | — | 26% | -57% | 57% | 34.6% | 37.1% |
| Research & development | 2M | 2M | 7.2M | 522K | 7.1M | 5.3M | 6.9M |
| Selling, general & administrative | 806.1K | 965.7K | 3.3M | 9.8M | 4.3M | 4.2M | 5.4M |
| Operating expenses | 2.9M | 3M | 10.5M | 10.3M | 11.5M | 9.4M | 12.3M |
| Operating income | -2.8M | -3M | -10.3M | -10.7M | -11.4M | -9M | -11.7M |
| Operating margin | — | — | -1.2K% | -2.5K% | -8K% | -692.6% | -789.2% |
| Non-operating income, net | — | — | — | — | 75K | -20.2M | -169K |
| Pretax income | -2.8M | -3M | -10.2M | -10.5M | -11.1M | -30.7M | -11.1M |
| Income tax | — | — | — | — | — | — | — |
| Net income | -2.8M | -3M | -10.2M | -10.5M | -11.1M | -30.7M | -11.1M |
| Net margin | — | — | -1.2K% | -2.5K% | -7.9K% | -2.4K% | -746.5% |
| EBITDA | -2.8M | -3M | -10.2M | -10.6M | -11.1M | -10.3M | -10.7M |
| EPS | -8.76 | -9.35 | -5.24 | -177.3 | -129 | -55.5 | -6.15 |
| Diluted EPS | -8.76 | -9.35 | -5.24 | -177.3 | -129 | -55.5 | -6.15 |
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | Q1 21 | Q2 21 | Q3 21 | Q4 21 | Q1 22 | Q2 22 | Q3 22 | Q4 22 | Q1 23 | Q2 23 | Q3 23 | Q4 23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 417K | 0 | 471K | 219K | 0 | 202K | 0 | 0 | 0 | 142K | 0 |
| Cost of revenue | 0 | 113K | 0 | 544K | 358K | 0 | 303K | 0 | 0 | 0 | 61K | 0 |
| Gross profit | 0 | 304K | 0 | -73K | -139K | 0 | -101K | 0 | 0 | 0 | 81K | 0 |
| Gross margin | — | 72.9% | — | -15.5% | -63.5% | — | -50% | — | — | — | 57% | — |
| Research & development | 2.1M | 1.7M | 1.7M | -5M | 1.4M | 1.7M | 1.7M | -4.2M | 1.8M | 1.8M | 1.9M | -4.7M |
| Selling, general & administrative | 885K | 842K | 703K | 7.5M | 813K | 1.3M | 1.1M | 6.6M | 1.2M | 1.1M | 1.1M | 7.1M |
| Operating expenses | 3M | 2.6M | 2.4M | 2.4M | 2.2M | 3M | 2.7M | 2.4M | 3M | 3M | 2.9M | 2.4M |
| Operating income | -3M | -2.3M | -2.4M | -2.6M | -2.4M | -3M | -2.8M | -2.6M | -3M | -3M | -2.8M | -2.6M |
| Operating margin | — | -547.2% | — | -561.8% | -1.1K% | — | -1.4K% | — | — | — | -2K% | — |
| Non-operating income, net | — | — | — | — | — | — | — | — | — | — | — | — |
| Pretax income | -3M | -2.2M | -2.6M | -2.5M | -2.3M | -2.9M | -2.8M | -2.5M | -2.9M | -3M | -2.8M | -2.5M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — |
| Net income | -3M | -2.2M | -2.6M | -2.5M | -2.3M | -2.9M | -2.8M | -2.5M | -2.9M | -3M | -2.8M | -2.5M |
| Net margin | — | -518% | — | -521% | -1.1K% | — | -1.4K% | — | — | — | -2K% | — |
| EBITDA | -2.9M | -2.3M | -2.3M | -2.6M | -2.3M | -3M | -2.8M | -2.5M | -3M | -2.9M | -2.8M | -2.6M |
| EPS | -2.59 | -1.89 | -2.3 | — | -2.08 | -1.52 | -1.39 | -1.2 | -1.44 | -1.28 | -0.93 | -0.84 |
| Diluted EPS | -2.59 | -1.89 | -2.3 | — | -2.08 | -1.52 | -1.39 | -1.2 | -1.44 | -1.28 | -0.93 | -0.84 |
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 | — | — | — | — | — | — | — | 8.1M |
| Enterprise value | — | — | — | — | — | — | — | -7M |
| Shares outstanding | 1.1M | 1.1M | 2M | 59.1K | 86.2K | 554.2K | 1.8M | 1.8M |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | — | 9.54 |
| P/S | — | — | — | — | — | — | — | 3.64 |
| P/B | — | — | — | — | — | — | — | 0.52 |
| EV/EBITDA | — | — | — | — | — | — | — | 0.5 |
| EV/Sales | — | — | — | — | — | — | — | -3.1 |
| Earnings yield | — | — | — | — | — | — | — | 10.5% |
| FCF yield | — | — | — | — | — | — | — | -92.5% |
| PEG | — | — | — | — | — | — | — | -0.32 |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Gross margin | — | — | 26% | -57% | 57% | 34.6% | 37.1% | 57% |
| Operating margin | — | — | -1.2K% | -2.5K% | -8K% | -692.6% | -789.2% | -791% |
| Net margin | — | — | -1.2K% | -2.5K% | -7.9K% | -2.4K% | -746.5% | 37.1% |
| ROE | -103.8% | -1.2K% | 122.7% | -126.7% | -400% | -173.5% | -54.6% | -66.2% |
| ROA | -83.3% | -119.3% | -231.7% | -100.4% | -188.3% | -149.1% | -49.2% | -40.9% |
| Return on tangible assets | -83.3% | -119.3% | -231.7% | -100.4% | -188.3% | -149.1% | -49.2% | -188.3% |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Current ratio | 8.82 | 3.34 | 1.55 | 6.45 | 1.76 | 7.36 | 9.96 | 9.6 |
| Quick ratio | 8.82 | 3.34 | 1.55 | 6.45 | 1.39 | 6.87 | 9.41 | 1.39 |
| Debt / equity | 0.16 | 1.54 | -0.18 | 0.13 | 0.29 | 0.03 | 0.01 | 0 |
| Debt / assets | 0.13 | 0.16 | 0.34 | 0.1 | 0.14 | 0.03 | 0.01 | 0.14 |
| Net debt / EBITDA | 0.77 | 0.51 | 0.01 | 0.68 | 0.2 | 1.62 | 1.83 | 0.2 |
| Interest coverage | — | -5.4K | — | — | — | -876.4 | -190.4 | -190.4 |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Revenue per share | 0 | 0 | 0.45 | 7.13 | 1.65 | 2.35 | 0.82 | 1.1 |
| EPS (basic) | -8.76 | -9.35 | -5.24 | -177.3 | -129 | -55.5 | -6.15 | -6.15 |
| EPS (diluted) | -8.76 | -9.35 | -5.24 | -177.3 | -129 | -55.5 | -6.15 | -6.07 |
| Book value per share | 2.38 | 0.22 | -4.27 | 139.9 | 32.3 | 31.9 | 11.3 | 6.92 |
| FCF per share | -2.06 | -1.8 | -5.24 | -169.5 | -123.7 | -17.5 | -5.12 | -3.56 |
| Cash per share | 2.25 | 1.66 | 0.84 | 140 | 35.6 | 31.1 | 11.1 | 6.71 |
| Capex per share | 0.04 | 0.03 | 0.14 | 0.49 | — | — | — | 0.05 |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Capex / revenue | — | — | 30.7% | 6.89% | — | — | — | 107% |
| Capex / operating cash flow | -1.92% | -1.58% | -2.9% | -0.29% | — | — | — | -1.3% |
| Payout ratio | — | — | — | — | — | — | — | 0% |
| — |
| — |
| $888K |
| — |
| FY20 | — | -$9.35 | — | — | $0 | — |
| FY19 | — | -$8.76 | — | — | $0 | — |
| Q3 21 |
|---|
| Q4 21 |
|---|
| Q1 22 |
|---|
| Q2 22 |
|---|
| Q3 22 |
|---|
| Q4 22 |
|---|
| Q1 23 |
|---|
| Q2 23 |
|---|
| Q3 23 |
|---|
| Q4 23 |
|---|
| Revenue | $0 | $417K | $0 | $471K | $219K | $0 | $202K | $0 | $0 | $0 | $142K | $0 |
| YoY change | — | — | — | — | +InfinityT% | -100% | +InfinityT% | -100% | -100% | 0% | -29.7% | 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 | 2.6M | 1.9M | 1.6M | 8.3M | 3.1M | 17.2M | 20M |
| Receivables | — | 0 | 87K | 115K | 0 | 495K | 215K |
| Inventory | — | — | — | 0 | 977K | 1.3M | 1.2M |
| Total current assets | 2.8M | 2.1M | 2.4M | 8.8M | 4.6M | 19.7M | 22M |
| Property, plant & equipment | 572.7K | 467.9K | 2M | 1.6M | 1.3M | 894K | 550K |
| Goodwill & intangibles | — | — | — | — | — | — | — |
| Total assets | 3.4M | 2.5M | 4.4M | 10.4M | 5.9M | 20.6M | 22.5M |
| Accounts payable | 38.6K | 14.4K | 139K | 56K | 185K | 107K | 219K |
| Short-term debt | 83.1K | 136.7K | 299K | 281K | 285K | 305K | 248K |
| Total current liabilities | 313.7K | 617.3K | 1.6M | 1.4M | 2.6M | 2.7M | 2.2M |
| Long-term debt | 358K | 256.5K | 1.2M | 798K | 524K | 217K | 0 |
| Total liabilities | 671.7K | 2.3M | 12.7M | 2.2M | 3.1M | 2.9M | 2.2M |
| Shareholders' equity | 2.7M | 255.6K | -8.3M | 8.3M | 2.8M | 17.7M | 20.3M |
| Total debt | 441.1K | 393.2K | 1.5M | 1.1M | 809K | 522K | 248K |
| Net debt | -2.1M | -1.5M | -129K | -7.2M | -2.3M | -16.7M | -19.7M |
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 | Q2 21 | Q4 21 | Q1 22 | Q2 22 | Q3 22 | Q4 22 | Q1 23 | Q2 23 | Q3 23 | Q4 23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 1.9M | 1.6M | 2.2M | 12.9M | 10.4M | 8.3M | 5.6M | 8.2M | 4.9M | 3.1M |
| Receivables | — | 87K | 131K | 0 | 106K | 115K | 0 | 0 | 28K | 0 |
| Inventory | — | — | — | — | — | 0 | 55K | 491K | 952K | 977K |
| Total current assets | 2M | 2.4M | 3.3M | 14M | 11.2M | 8.8M | 6.3M | 9.3M | 6.4M | 4.6M |
| Property, plant & equipment | 609.4K | 2M | 1.9M | 1.8M | 1.7M | 1.6M | 1.6M | 1.5M | 1.4M | 1.3M |
| Goodwill & intangibles | — | — | — | — | — | — | — | — | — | — |
| Total assets | 2.7M | 4.4M | 5.2M | 15.7M | 12.9M | 10.4M | 7.9M | 10.8M | 7.8M | 5.9M |
| Accounts payable | 79.2K | 139K | 121K | 129K | 123K | 56K | 246K | 223K | 291K | 185K |
| Short-term debt | 81.7K | 299K | 1.3M | 277K | 276K | 281K | 316K | 267K | 269K | 285K |
| Total current liabilities | 485.1K | 1.6M | 2.7M | 1.5M | 1.5M | 1.4M | 1.8M | 2.2M | 2M | 2.6M |
| Long-term debt | 369.2K | 1.2M | 1.1M | 945K | 836K | 798K | 684K | 626K | 542K | 524K |
| Total liabilities | 3.7M | 12.7M | 15.7M | 2.5M | 2.3M | 2.2M | 2.5M | 2.8M | 2.6M | 3.1M |
| Shareholders' equity | -915.5K | -8.3M | -10.5M | 13.3M | 10.6M | 8.3M | 5.4M | 8M | 5.3M | 2.8M |
| Total debt | 451K | 1.5M | 2.4M | 1.2M | 1.1M | 1.1M | 1M | 893K | 811K | 809K |
| Net debt | -1.5M | -129K | 195K | -11.7M | -9.3M | -7.2M | -4.6M | -7.3M | -4.1M | -2.3M |
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 | -2.8M | -3M | -10.2M | -10.5M | -11.1M | -30.7M | -11.1M |
| Depreciation & amortization | 51.6K | 53.6K | 142K | 150K | 171K | 148K | 132K |
| Stock-based compensation | 382.5K | 642.9K | 1.1M | 505K | 273K | 398K | 1.5M |
| Change in working capital | 130.5K | 114K | -294K | 80K | -852K | -980K | 647K |
| Operating cash flow | -2.2M | -2.2M | -9.4M | -9.9M | -10.5M | -9.7M | -9.1M |
| Capital expenditure | -42.8K | -34.4K | -273K | -29K | — | — | — |
| Investing cash flow | -42.8K | -34.4K | -273K | -29K | — | — | — |
| Dividends paid | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — |
| Financing cash flow | 2.8M | 1.4M | 5M | 17.6M | 5.4M | 14.2M | 9.6M |
| Net change in cash | 530.4K | -804.6K | -4.7M | 7.7M | -5.1M | 4.5M | 463K |
| Free cash flow | -2.4M | -2.1M | -10.2M | -10M | -10.7M | -9.7M | -9.2M |
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 | Q1 21 | Q2 21 | Q3 21 | Q4 21 | Q1 22 | Q2 22 | Q3 22 | Q4 22 | Q1 23 | Q2 23 | Q3 23 | Q4 23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income | -3M | -2.2M | -2.6M | -2.5M | -2.3M | -2.9M | -2.8M | -2.5M | -2.9M | -3M | -2.8M | -2.5M |
| Depreciation & amortization | 32K | 28K | 41K | 41K | 39K | 37K | 39K | 35K | 39K | 41K | 45K | 46K |
| Stock-based compensation | 431K | 415K | -105K | 314K | 121K | 168K | 91K | 125K | 60K | 105K | 57K | 51K |
| Change in working capital | -93K | 45K | -162K | -84K | -676K | -319K | 256K | 139K | 112K | -516K | -301K | -254K |
| Operating cash flow | -2.6M | -1.8M | -2.9M | -2.1M | -2.9M | -3.1M | -2.4M | -2.1M | -2.7M | -3.3M | -3M | -2.6M |
| Capital expenditure | -48K | -15K | -192K | -18K | 0 | 0 | -15K | -14K | -82K | -55K | -7K | -8K |
| Investing cash flow | -48K | -15K | -192K | -18K | 0 | 0 | -15K | -14K | -82K | -55K | -7K | -8K |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | — | 5M | 0 | 0 | 3M | 14M | 0 | 0 | 0 | 5.5M | -65K | 2K |
| Net change in cash | -2.7M | 3.2M | -3.1M | -2.1M | 62K | 10.9M | -2.4M | -2.1M | -2.8M | 2.1M | -3.1M | -2.6M |
| Free cash flow | -2.8M | -2.2M | -2.8M | -2.4M | -2.5M | -3.3M | -2.5M | -2.2M | -2.6M | -2.9M | -3.2M | -1.9M |