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 25 | -$0.27 | -$0.22 | +18.5% | — | $0 | — |
| Q4 24 | -$0.68 | -$0.57 | +16.2% | — | $0 | — |
| Q3 24 | -$0.88 | -$0.58 | +34.1% | — | $0 | — |
| Q2 24 | -$0.4 | -$1.28 | -220.0% | — | $0 | — |
| Q1 24 | -$0.46 | -$0.43 | +6.5% | — | $0 | — |
| Q4 23 | -$0.4 | -$0.5 | -25.0% | — | $0 | — |
| Q3 23 | -$0.9 | -$0.61 | +32.2% | — | $0 | — |
| Q2 23 | -$0.58 | -$0.63 | -8.6% | — | $0 | — |
| Q1 23 | -$0.56 | -$0.58 | -3.6% | — | $0 | — |
| Q4 22 | -$0.56 | -$0.47 | +16.1% | — | $0 | — |
| Q3 22 | -$0.51 | -$0.51 | 0.0% | — | $0 | — |
| Q2 22 | -$0.43 | -$0.48 | -11.6% | — | $0 | — |
| Q1 22 | -$0.43 | -$0.44 | -2.3% | — | $0 | — |
| Q4 21 | -$0.33 | -$0.35 | -6.1% | — | $0 | — |
| Q3 21 | -$0.16 | -$0.24 | -50.0% | — | $0 | — |
| Q2 21 | -$0.13 | -$0.13 | 0.0% | — | $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 | — | -$1.88 | — | — | $0 | — |
| FY24 | — | -$0.53 | — | — | $0 | — |
| FY23 | — | -$2.32 | — | — | $0 | — |
| FY22 | — | -$1.9 | — | — | $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 | 9.2M | 7.6M | 3M | 1.6M | 3.1M | 24.8M | 68M | 89.4M | 69.6M | 26.6M |
| Selling, general & administrative | 5.8M | 4.3M | 3.7M | 3.4M | 3.7M | 8.1M | 12M | 16.5M | 71.8M | 68.8M |
| Operating expenses | 15M | 11.9M | 6.7M | 5M | 6.8M | 32.9M | 80M | 106M | 142.3M | 96.1M |
| Operating income | -15M | -11.9M | -6.7M | -5M | -6.8M | -32.9M | -80M | -106M | -142.3M | -96.1M |
| Operating margin | — | — | — | — | — | — | — | — | — | — |
| Non-operating income, net | — | — | — | — | 346K | 434K | 997K | 907K | 109.4M | 533K |
| Pretax income | -14.8M | -11.9M | -6.6M | -4.6M | -6.3M | -32.4M | -76.2M | -97.2M | -24.3M | -91M |
| Income tax | — | — | — | — | — | — | — | — | — | — |
| Net income | -14.8M | -11.9M | -6.6M | -4.6M | -6.3M | -32.4M | -76.2M | -97.2M | -24.3M | -91M |
| Net margin | — | — | — | — | — | — | — | — | — | — |
| EBITDA | -14.9M | -11.9M | -6.6M | -4.9M | -7.1M | -32.3M | -78.7M | -104.4M | -249.3M | -95.2M |
| EPS | -2.31 | -1.82 | -0.61 | -0.27 | -0.24 | -0.82 | -1.9 | -2.32 | -0.53 | -1.88 |
| Diluted EPS | -2.31 | -1.82 | -0.61 | -0.27 | -0.24 | -0.82 | -1.9 | -2.32 | -1.46 | -1.88 |
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | Q1 23 | Q2 23 | Q3 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost of revenue | — | — | — | — | — | — | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — | — | — | — | — | — | — |
| Gross margin | — | — | — | — | — | — | — | — | — | — | — | — |
| Research & development | 22.1M | 25M | 23.6M | 18.7M | 16.2M | 15.2M | 17.7M | 20.5M | 13.7M | 5.1M | 4M | 3.9M |
| Selling, general & administrative | 4.4M | 3.8M | 4.3M | 4.1M | 3.7M | 46.2M | 12.9M | 9M | 10.9M | 40.3M | 7.9M | 9.7M |
| Operating expenses | 26.5M | 28.8M | 27.9M | 22.8M | 19.9M | 61.4M | 30.6M | 29.5M | 24.6M | 45.4M | 11.9M | 13.6M |
| Operating income | -26.5M | -28.8M | -27.9M | -22.8M | -19.9M | -61.4M | -30.6M | -30.3M | -24.6M | -45.4M | -11.9M | -14.3M |
| Operating margin | — | — | — | — | — | — | — | — | — | — | — | — |
| Non-operating income, net | 190K | 203K | 223K | 291K | 43.2M | 65.2M | 62K | 923K | -82K | -46K | -114K | 775K |
| Pretax income | -24.3M | -26.4M | -25.7M | -20.9M | 25M | 6.2M | -27.9M | -27.6M | -23.4M | -44.2M | -10.8M | -12.5M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — |
| Net income | -24.3M | -26.4M | -25.7M | -20.9M | 25M | 6.2M | -27.9M | -27.6M | -23.4M | -44.2M | -10.8M | -12.5M |
| Net margin | — | — | — | — | — | — | — | — | — | — | — | — |
| EBITDA | -26.1M | -28.4M | -27.5M | -22.4M | -62.7M | -126.2M | -30.4M | -30.1M | -24.4M | -45.2M | -11.7M | -13.9M |
| EPS | -0.58 | -0.63 | -0.61 | — | 0.58 | 0.13 | -0.58 | -0.57 | -0.48 | -0.92 | -0.22 | -0.26 |
| Diluted EPS | -0.58 | -0.63 | -0.61 | — | -0.43 | 0.13 | -0.58 | -0.57 | -0.48 | -0.92 | -0.22 | -0.26 |
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 | — | — | — | — | — | — | — | — | — | — | 36.1M |
| Enterprise value | — | — | — | — | — | — | — | — | — | — | -5.1M |
| Shares outstanding | 6.5M | 6.5M | 10.7M | 17.4M | 26.1M | 39.4M | 40.2M | 41.9M | 46.3M | 48.3M | 48.3M |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | — | — | — | — | -0.4 |
| P/B | — | — | — | — | — | — | — | — | — | — | 1.41 |
| EV/EBITDA | — | — | — | — | — | — | — | — | — | — | 0.07 |
| Earnings yield | — | — | — | — | — | — | — | — | — | — | -251.3% |
| FCF yield | — | — | — | — | — | — | — | — | — | — | 51.4% |
| PEG | — | — | — | — | — | — | — | — | — | — | 0.01 |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | — | — | — | — | — | — | 0% |
| Net margin | — | — | — | — | — | — | — | — | — | — | 0% |
| ROE | -79.7% | -122.8% | -33.4% | -21% | -6.87% | -12.8% | -33.5% | -70.7% | -16.7% | -122.3% | -85.4% |
| ROA | -76.7% | -109.5% | -32.6% | -19.7% | -6.72% | -12.1% | -32.5% | -64.1% | -15.5% | -76.9% | -24.8% |
| Return on tangible assets | -76.7% | -109.5% | -32.6% | -19.7% | -6.72% | -12.2% | -32.6% | -64.2% | -15.5% | -76.9% | -76.9% |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current ratio | 28.7 | 9.42 | 39.2 | 16.8 | 50.4 | 19.5 | 29.9 | 9.13 | 11.6 | 2.23 | 2.27 |
| Quick ratio | 28.7 | 9.42 | 39.2 | 16.8 | 50.4 | 19.5 | 29.9 | 9.13 | 11.6 | 2.23 | 2.23 |
| Debt / equity | — | — | 0 | 0 | 0 | 0 | 0 | 0 | — | — | 0 |
| Debt / assets | — | — | 0 | 0 | 0 | 0 | 0 | 0 | — | — | — |
| Net debt / EBITDA | — | — | 3 | 4.69 | 13.1 | 7.21 | 2.55 | 1.16 | — | — | 1.53 |
| 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) | -2.31 | -1.82 | -0.61 | -0.27 | -0.24 | -0.82 | -1.9 | -2.32 | -0.53 | -1.88 | -1.88 |
| EPS (diluted) | -2.31 | -1.82 | -0.61 | -0.27 | -0.24 | -0.82 | -1.9 | -2.32 | -1.46 | -1.88 | -2.22 |
| Book value per share | 2.86 | 1.48 | 1.84 | 1.27 | 3.53 | 6.44 | 5.66 | 3.28 | 3.14 | 1.54 | 1.69 |
| FCF per share | -1.89 | -1.26 | -0.45 | -0.15 | -0.21 | -1.33 | -2 | -1.97 | -2.53 | -0.68 | -0.68 |
| Cash per share | 2.87 | 1.6 | 1.85 | 1.33 | 3.58 | 5.92 | 5 | 2.89 | 2.78 | 1.98 | 2.2 |
| Capex per share | 0.01 | 0 | 0 | 0 | 0.01 | 0.56 | 0.07 | 0.01 | 0 | 0.01 | 0.01 |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Capex / operating cash flow | -0.66% | 0% | 0% | -0.57% | -7.23% | -96.1% | -3.55% | -0.49% | -1.19% | -1.6% | -1.64% |
| Payout ratio | — | — | — | — | — | — | — | — | — | — | 0% |
Split-adjusted payout per share by ex-dividend date.
| Ex-dividend | Amount |
|---|---|
| Dec 13, 2012 | $36.75 |
| Date | Ratio |
|---|---|
| May 10, 2017 | 1:7 |
| FY21 |
| — |
| -$0.82 |
| — |
| — |
| $0 |
| — |
| FY20 | — | -$0.24 | — | — | $0 | — |
| FY19 | — | -$0.27 | — | — | $0 | — |
| FY18 | — | -$0.61 | — | — | $0 | — |
| FY17 | — | -$1.82 | — | — | $0 | — |
| FY16 | — | -$2.31 | — | — | $0 | — |
| Period | Q1 23 | Q2 23 | Q3 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 18.7M | 10.5M | 19.8M | 23.1M | 93.5M | 233.4M | 201M | 121.1M | 128.6M | 95.5M |
| Receivables | — | — | — | — | — | — | — | — | — | — |
| Inventory | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 19.1M | 10.7M | 20M | 23.3M | 94M | 244.5M | 211.2M | 129.6M | 136.5M | 97.7M |
| Property, plant & equipment | 300K | 200K | 87K | 94K | 22K | 4.6M | 6.9M | 5.9M | 5M | 4.7M |
| Goodwill & intangibles | — | — | — | — | 0 | 2.1M | 1.2M | 352K | 74K | — |
| Total assets | 19.4M | 10.9M | 20.1M | 23.5M | 94.3M | 266.8M | 234.8M | 151.7M | 157.5M | 118.4M |
| Accounts payable | 303K | 424K | 294K | 453K | 911K | 7.1M | 4M | 10.6M | 7.7M | 41.6M |
| Short-term debt | — | — | — | 90K | 58K | 97K | 104K | — | — | — |
| Total current liabilities | 665K | 1.1M | 511K | 1.4M | 1.9M | 12.5M | 7.1M | 14.2M | 11.8M | 43.8M |
| Long-term debt | — | — | 0 | 0 | 235K | 139K | 35K | 0 | — | — |
| Total liabilities | 665K | 1.1M | 511K | 1.4M | 2.1M | 12.9M | 7.3M | 14.2M | 11.8M | 44M |
| Shareholders' equity | 18.6M | 9.7M | 19.6M | 22.1M | 92.2M | 253.9M | 227.5M | 137.5M | 145.7M | 74.4M |
| Total debt | — | — | 0 | 90K | 293K | 236K | 139K | 0 | — | — |
| Net debt | — | — | -19.8M | -23M | -93.2M | -233.2M | -200.9M | -121.1M | — | — |
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 | Q1 23 | Q2 23 | Q3 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 187.5M | 168.4M | 142.3M | 121.1M | 124.2M | 207.3M | 149M | 128.6M | 117.3M | 112.4M | 106.1M | 95.5M |
| Receivables | — | — | — | — | — | — | — | — | — | — | — | — |
| Inventory | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 195M | 174.5M | 150.2M | 129.6M | 134M | 222.1M | 202.5M | 136.5M | 120.2M | 114.8M | 108.9M | 97.7M |
| Property, plant & equipment | 6.6M | 6.3M | 6.1M | 5.9M | 5.6M | 5.4M | 5.2M | 5M | 4.8M | 4.6M | 4.8M | 4.7M |
| Goodwill & intangibles | 1M | 774K | 536K | 352K | 230K | 164K | 138K | 74K | — | — | — | — |
| Total assets | 218.1M | 197.2M | 172.5M | 151.7M | 155.7M | 243.6M | 223.8M | 157.5M | 140.9M | 135.4M | 129.7M | 118.4M |
| Accounts payable | 8.2M | 10.3M | 9.5M | 10.6M | 9.6M | 52.6M | 52.2M | 7.7M | 8.2M | 42.8M | 46.1M | 41.6M |
| Short-term debt | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current liabilities | 13.9M | 17.9M | 17.4M | 14.2M | 77.1M | 54.6M | 57M | 11.8M | 13.2M | 47.3M | 48M | 43.8M |
| Long-term debt | 0 | 0 | 0 | 0 | — | — | — | — | — | — | — | — |
| Total liabilities | 14.1M | 17.9M | 17.4M | 14.2M | 77.1M | 54.6M | 57.1M | 11.8M | 13.3M | 47.4M | 48.2M | 44M |
| Shareholders' equity | 204M | 179.4M | 155.1M | 137.5M | 78.6M | 189M | 166.6M | 145.7M | 127.6M | 88M | 81.6M | 74.4M |
| Total debt | 0 | 0 | 0 | 0 | — | — | — | — | — | — | — | — |
| Net debt | -187.5M | -168.4M | -142.3M | -121.1M | — | — | — | — | — | — | — | — |
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 | -14.8M | -11.9M | -6.6M | -4.6M | -6.3M | -32.4M | -76.2M | -97.2M | -24.3M | -91M |
| Depreciation & amortization | 58K | 68K | 69K | 58K | 22K | 534K | 1.3M | 1.5M | 1.1M | 936K |
| Stock-based compensation | 4.3M | 3M | 2.4M | 1.3M | 988K | 1.8M | 2.1M | 4.6M | 16.3M | 19.6M |
| Change in working capital | -901K | 263K | -427K | 142K | 346K | 7M | -3.6M | 6.6M | -1.8M | 34.2M |
| Operating cash flow | -11.4M | -8.6M | -4.5M | -3.1M | -5M | -23.1M | -76.5M | -84.5M | -8.7M | -36.3M |
| Capital expenditure | -75K | 0 | 0 | -18K | 360K | -22.2M | -2.7M | -414K | -103K | -581K |
| Investing cash flow | -2.2M | 2.1M | 0 | -18K | 360K | -22.2M | -2.7M | -414K | -103K | -581K |
| Dividends paid | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | -284K | 0 | 14.1M | -60K | 75.2M | 189.8M | 47.3M | 0 | 0 | -329K |
| Net change in cash | -13.8M | -6.5M | 9.6M | -3.2M | 70.6M | 144.5M | -31.9M | -84.9M | -8.8M | -37.2M |
| Free cash flow | -12.3M | -8.2M | -4.8M | -2.5M | -5.4M | -52.4M | -80.2M | -82.4M | -117M | -32.8M |
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 23 | Q2 23 | Q3 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income | -24.3M | -26.4M | -25.7M | -20.9M | 25M | 6.2M | -27.9M | -27.6M | -23.4M | -44.2M | -10.8M | -12.5M |
| Depreciation & amortization | 391K | 391K | 392K | 356K | 311K | 302K | 259K | 260K | 220K | 218K | 131K | 367K |
| Stock-based compensation | 673K | 835K | 949K | 2.1M | 2.3M | 2.6M | 5.6M | 5.7M | 5.2M | 4.6M | 4.4M | 5.4M |
| Change in working capital | 4.2M | 2.1M | -748K | 1.1M | -1.2M | 43.1M | 1.6M | -45.2M | 352K | 34.7M | 2.9M | -2.9M |
| Operating cash flow | -19M | -23.1M | -25.1M | -17.4M | 26.5M | 52.1M | -20.5M | -66.8M | -17.6M | -4.7M | -3.4M | -9.7M |
| Capital expenditure | -357K | 6K | -22K | -41K | 0 | -29K | -17K | -57K | 0 | 0 | -80K | -501K |
| Investing cash flow | -357K | 6K | -22K | -41K | 0 | -29K | -17K | -57K | 0 | 0 | -80K | -501K |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | — | — | — | — | — | — | — | — | — | — | — | — |
| Net change in cash | -19.3M | -23.1M | -25.1M | -17.4M | 26.5M | 52.1M | -20.5M | -66.8M | -17.6M | -4.7M | -3.5M | -10.2M |
| Free cash flow | -13.6M | -19.9M | -26.6M | -22.4M | -19.1M | -18.3M | -18.3M | -61.3M | -11.3M | -4.9M | -6.3M | -10.2M |