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 24 | -$62 | -$240 | -287.1% | — | $0 | — |
| Q3 23 | -$94 | $80 | +185.1% | — | $0 | — |
| Q2 23 | -$91 | -$120 | -31.9% | — | $0 | — |
| Q1 23 | -$73 | -$120 | -64.4% | — | $0 | — |
| Q3 22 | -$10 | $2.9 | +129.0% | — | $0 | — |
| Q2 22 | -$10 | -$6.12 | +38.8% | — | $0 | — |
| Q1 22 | -$100 | -$239.3 | -139.3% | — | $0 | — |
| Q4 21 | -$85 | -$248 | -191.8% | — | $0 | — |
| Q4 20 | -$10 | $30.4 | +404.5% | — | $0 | — |
| Q2 20 | -$0.01 | -$1.14 | -11300.0% | — | $0 | — |
| Q1 20 | -$0.01 | -$0.1 | -900.0% | — | $0 | — |
| Q3 19 | -$20 | -$14.4 | +27.9% | — | $0 | — |
| Q2 19 | -$20 | -$51 | -154.9% | — | $0 | — |
| Q1 19 | — | $0.04 | — | — | $0 | — |
| Q3 18 | -$10 | -$2.71 | +72.9% | — | $0 | — |
| Q1 18 | — | -$13.9 | — | — | $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 | — | $0 | — | — | $1.3M | — |
| FY24 | — | $0 | — | — | $658K | — |
| FY23 | — | -$16 | — | — | $0 | — |
| FY22 | — | -$40 | — | — | $0 | — |
| FY21 |
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 | $658K | $1.3M |
| YoY change | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | +InfinityT% | +99.2% |
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 | 658K | 1.3M |
| Cost of revenue | — | — | — | — | — | — | — | 0 | 1.2M | 4M |
| Gross profit | — | — | — | — | — | — | — | 0 | -580K | -2.7M |
| Gross margin | — | — | — | — | — | — | — | — | -88.1% | -202.3% |
| Research & development | 566.4K | 1.5M | 5.3M | 5.5M | 4.5M | 908.3K | 5.8M | 5.2M | 5.5M | 2.4M |
| Selling, general & administrative | 294.9K | 382K | 377.7K | 755.1K | 1.4M | 2.1M | 5.3M | 4.5M | 2.5M | 2.5M |
| Operating expenses | 861.3K | 1.9M | 5.7M | 6.3M | -685.5K | 3M | 11.1M | 9.7M | 8.1M | 4.9M |
| Operating income | -864.8K | -1.9M | -5.7M | -6.3M | 637.6K | -3M | -11.1M | -9.7M | -8.6M | -7.5M |
| Operating margin | — | — | — | — | — | — | — | — | -1.3K% | -575.3% |
| Non-operating income, net | 698.8K | -871.9K | 210.5K | -1.3M | -923.8K | -136.1K | 2.2M | 3.1M | 14.8M | -416K |
| Pretax income | -667.4K | -2.8M | -6.5M | -8.8M | -387.3K | -2.3M | -5.8M | -6.5M | 4.8M | -8.3M |
| Income tax | — | — | — | — | — | — | — | — | — | — |
| Net income | -667.4K | -2.8M | -6.5M | -8.8M | -387.3K | -2.3M | -5.8M | -6.5M | 4.8M | -8.3M |
| Net margin | — | — | — | — | — | — | — | — | 728.9% | -633.6% |
| EBITDA | -817.7K | -1.9M | -5.7M | -6.2M | 1M | -2.8M | -12.7M | -5.3M | -6.9M | -6.1M |
| EPS | -72.8 | -195.6 | -361.1 | -381.2 | -12.4 | -80 | -40 | -16 | 0 | 0 |
| Diluted EPS | -72.8 | -195.6 | -361.1 | -381.2 | -12.4 | -80 | -40 | -16 | 0 | 0 |
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 | Q1 26 | Q2 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 0 | 284K | 168K | 206K | 586K | 187K | 489K | 460K |
| Cost of revenue | — | — | 0 | — | — | — | 417K | 373K | 358K | 1.7M | 1.6M | 1.7M |
| Gross profit | — | — | 0 | — | — | — | -249K | -167K | 228K | -1.5M | -1.1M | -1.3M |
| Gross margin | — | — | — | — | — | — | -148.2% | -81.1% | 38.9% | -801.1% | -228.6% | -272.2% |
| Research & development | 2M | 1.5M | 1.1M | 627K | 1.6M | 1.2M | 1.4M | 1.3M | 1.3M | -58K | 628K | 211K |
| Selling, general & administrative | 1.2M | 1.1M | 968K | 1.2M | 484K | 519K | 764K | 759K | 501K | 755K | 721K | 683K |
| Operating expenses | 3.2M | 2.6M | 2.1M | 1.8M | 1.9M | 1.7M | 2.2M | 2.1M | 1.8M | 697K | 1.3M | 894K |
| Operating income | -3.2M | -2.6M | -2.1M | -1.8M | -1.9M | -2M | -2.4M | -2.3M | -1.6M | -2.2M | -2.5M | -2.1M |
| Operating margin | — | — | — | — | — | -713.7% | -1.4K% | -1.1K% | -267.6% | -1.2K% | -504.5% | -466.5% |
| Non-operating income, net | — | — | — | — | — | — | — | — | — | — | 6.2M | 245K |
| Pretax income | -3.5M | -3.8M | 3.1M | -2.3M | -2.2M | -2.3M | 10.5M | -2.2M | -1.6M | -2.6M | 3.6M | -2M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — |
| Net income | -3.5M | -3.8M | 3.1M | -2.3M | -2.2M | -2.3M | 10.5M | -2.2M | -1.6M | -2.6M | 3.6M | -2M |
| Net margin | — | — | — | — | — | -817.6% | 6.2K% | -1.1K% | -265.7% | -1.4K% | 731.5% | -435.4% |
| EBITDA | -3M | -2.4M | -2M | -1.7M | -1.8M | -1.5M | 12.8M | -1.7M | -1.2M | -1.8M | -8.2M | 4.6M |
| EPS | -12 | -12 | 8 | — | -4 | — | 8.4 | — | -0.81 | — | 9.45 | — |
| Diluted EPS | -12 | -12 | 8 | — | -4 | — | 8.4 | — | -0.81 | — | 9.45 | — |
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 | — | — | — | — | — | — | — | — | — | — | 996K |
| Enterprise value | — | — | — | — | — | — | — | — | — | — | 7.4M |
| Shares outstanding | 33.8K | 50.3K | 65.4K | 81.7K | 110.8K | 141.1K | 188.5K | 390.7K | 806.4K | 233.5K | 233.5K |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | — | — | — | — | 0.05 |
| P/S | — | — | — | — | — | — | — | — | — | — | 0.67 |
| P/B | — | — | — | — | — | — | — | — | — | — | 0.14 |
| EV/EBITDA | — | — | — | — | — | — | — | — | — | — | -1.12 |
| EV/Sales | — | — | — | — | — | — | — | — | — | — | 5 |
| Earnings yield | — | — | — | — | — | — | — | — | — | — | 1.9K% |
| FCF yield | — | — | — | — | — | — | — | — | — | — | -367.2% |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross margin | — | — | — | — | — | — | — | — | -88.1% | -202.3% | -272.2% |
| Operating margin | — | — | — | — | — | — | — | — | -1.3K% | -575.3% | -466.5% |
| Net margin | — | — | — | — | — | — | — | — | 728.9% | -633.6% | -174.8% |
| ROE | -35.9% | -61.4% | 281% | 167.9% | 30.5% | -835.6% | 329.3% | 142.3% | 48.1% | -102.5% | -26.5% |
| ROA | -30.5% | -42.3% | -82.9% | -94.3% | -7.83% | -25.6% | -21.4% | -37.2% | 35.7% | -71.5% | -36.2% |
| Return on tangible assets | -30.5% | -42.3% | -82.9% | -94.3% | -7.83% | -25.6% | -21.4% | -37.2% | 35.7% | -71.5% | -14.9% |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current ratio | 19 | 10.9 | 3.53 | 3.86 | 0.17 | 7.3 | 6.15 | 3.06 | 1.32 | 1.3 | 1.56 |
| Quick ratio | 19 | 10.9 | 3.53 | 3.86 | 0.17 | 7.3 | 6.15 | 3.06 | 1.32 | 1.3 | 1.56 |
| Debt / equity | — | — | -3.02 | -2.02 | -4.6 | 29.5 | -12.2 | -4.5 | 0.21 | 0.28 | 0.31 |
| Debt / assets | — | — | 0.89 | 1.13 | 1.18 | 0.9 | 0.8 | 1.18 | 0.16 | 0.19 | 0.21 |
| Net debt / EBITDA | — | — | -0.24 | -0.77 | 4.87 | -1.17 | -0.59 | -2.97 | -0.02 | -0.1 | -0.14 |
| Interest coverage | — | — | -5.48 | -6.32 | -2.97 | -3.12 | — | -0.71 | 4.37 | -22.1 | -22.1 |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue per share | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.82 | 5.61 | 2.8 |
| EPS (basic) | -72.8 | -195.6 | -361.1 | -381.2 | -12.4 | -80 | -40 | -16 | 0 | 0 | 0 |
| EPS (diluted) | -72.8 | -195.6 | -361.1 | -381.2 | -12.4 | -80 | -40 | -16 | 0 | 0 | 28.1 |
| Book value per share | 55.1 | 90 | -35.5 | -64.3 | -11.5 | 1.94 | -9.34 | -11.7 | 12.4 | 34.7 | 10.7 |
| FCF per share | -20.8 | -23.3 | -91.9 | -83.5 | -61.7 | -15 | -43 | -25.6 | -7.87 | -25.9 | -0 |
| Cash per share | 38.1 | 114.2 | 86.2 | 71.6 | 7.39 | 34.4 | 74.7 | 12.5 | 2.44 | 7.11 | 4.66 |
| Capex per share | 0.04 | 7.21 | 26.8 | 7.34 | 4.69 | 0.28 | 4.43 | 1.63 | 0.01 | — | — |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Capex / revenue | — | — | — | — | — | — | — | — | 1.82% | — | — |
| Capex / operating cash flow | -0.21% | 8.61% | -355% | -26.8% | -8.11% | -1.81% | -11% | -13% | -0.19% | — | — |
| Payout ratio | — | — | — | — | — | — | — | — | — | — | 0% |
| — |
| -$80 |
| — |
| — |
| $0 |
| — |
| FY20 | — | -$12.4 | — | — | $0 | — |
| FY19 | — | -$381.2 | — | — | $0 | — |
| FY18 | — | -$361.1 | — | — | $0 | — |
| FY17 | — | -$195.6 | — | — | $0 | — |
| FY16 | — | -$72.8 | — | — | $0 | — |
| Period | Q1 23 | Q2 23 | Q3 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q1 26 | Q2 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | $0 | $0 | $284K | $168K | $206K | $586K | $187K | $489K | $460K |
| YoY change | 0% | 0% | 0% | 0% | 0% | +InfinityT% | +InfinityT% | +InfinityT% | +InfinityT% | -34.2% | -16.6% | +146% |
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 | 1.3M | 5.7M | 5.6M | 5.9M | 819K | 4.9M | 14.1M | 4.9M | 2M | 1.7M |
| Receivables | 55.5K | — | — | — | — | — | — | 0 | 83K | 73K |
| Inventory | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 1.9M | 6.1M | 5.7M | 5.9M | 923.7K | 5M | 14.4M | 5.4M | 2.4M | 2.1M |
| Property, plant & equipment | 104.9K | 1.2M | 2.1M | 2.8M | 3.3M | 10.4M | 12.7M | 12M | 11.1M | 9.6M |
| Goodwill & intangibles | — | — | — | — | — | — | — | — | — | — |
| Total assets | 2.2M | 6.6M | 7.9M | 9.3M | 4.9M | 9M | 27.1M | 17.5M | 13.4M | 11.6M |
| Accounts payable | 49.9K | 500.5K | 1.5M | 1.4M | 162.4K | 279.3K | 716K | 535K | 376K | 407K |
| Short-term debt | — | — | — | 56K | 5.3M | 104.8K | 382K | 396K | 424K | 329K |
| Total current liabilities | 99.9K | 553.6K | 1.6M | 1.5M | 5.6M | 683.2K | 2.3M | 1.8M | 1.8M | 1.6M |
| Long-term debt | — | — | 7M | 10.5M | 529.3K | 8M | 21.2M | 20.2M | 1.7M | 1.9M |
| Total liabilities | 326.6K | 2M | 10.2M | 14.6M | 6.2M | 8.7M | 28.8M | 22M | 3.5M | 3.5M |
| Shareholders' equity | 1.9M | 4.5M | -2.3M | -5.3M | -1.3M | 274.5K | -1.8M | -4.6M | 10M | 8.1M |
| Total debt | — | — | 7M | 10.6M | 5.8M | 8.1M | 21.5M | 20.6M | 2.1M | 2.3M |
| Net debt | — | — | 1.4M | 4.7M | 5M | 3.2M | 7.5M | 15.7M | 122K | 606K |
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 | Q4 22 | Q1 23 | Q2 23 | Q3 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q2 25 | Q1 26 | Q2 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 14.1M | 10.8M | 7.5M | 6.4M | 4.9M | 4.8M | 3.1M | 1M | 2M | — | 3M | 2.7M |
| Receivables | — | — | — | — | — | — | 119K | 120K | 83K | 139K | 150K | 74K |
| Inventory | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 14.4M | 11M | 7.8M | 6.7M | 5.4M | 5.3M | 3.7M | 1.6M | 2.4M | — | 3.6M | 3.5M |
| Property, plant & equipment | 12.7M | 12.2M | 12.1M | 11.9M | 12M | 11.8M | 11.2M | 10.6M | 11.1M | — | 14M | 13.7M |
| Goodwill & intangibles | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | 27.1M | 23.3M | 19.9M | 18.6M | 17.5M | 17.1M | 14.9M | 12.3M | 13.4M | — | 17.6M | 17.2M |
| Accounts payable | 716K | 1.3M | 651K | 546K | 535K | 928K | 658K | 430K | 376K | — | 779K | 844K |
| Short-term debt | 382K | 420K | 394K | 382K | 396K | 387K | 364K | 364K | 424K | — | 354K | 369K |
| Total current liabilities | 2.3M | 2.6M | 1.9M | 1.5M | 1.8M | 1.9M | 1.7M | 1.4M | 1.8M | 2.1M | 2.7M | 2.2M |
| Long-term debt | 21.2M | 22.9M | 24.2M | 19.4M | 20.2M | 20.2M | 20.5M | 863K | 1.7M | 1.9M | 3.1M | 3.2M |
| Total liabilities | 28.8M | 28.1M | 27M | 21.3M | 22M | 22.2M | 22.1M | 2.3M | 3.5M | 2.1M | 5.8M | 5.4M |
| Shareholders' equity | -1.8M | -4.8M | -7.1M | -2.7M | -4.6M | -5.1M | -7.3M | 10M | 10M | — | 11.8M | 11.7M |
| Total debt | 21.5M | 23.3M | 24.6M | 19.8M | 20.6M | 20.6M | 20.8M | 1.2M | 2.1M | 1.9M | 3.5M | 3.6M |
| Net debt | 7.5M | 12.5M | 17.1M | 13.4M | 15.7M | 15.8M | 17.7M | 195K | 122K | — | 533K | 926K |
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 | -667.4K | -2.8M | -6.5M | -8.8M | -387.3K | -2.3M | -5.8M | -6.5M | 4.8M | -8.3M |
| Depreciation & amortization | 45.1K | 35.4K | 19.3K | 132.8K | 211.8K | 131.7K | 562K | 514K | 1.6M | 1.4M |
| Stock-based compensation | 91.6K | 41.7K | 19.3K | 297.4K | 823.5K | 770.7K | 1.6M | 1.1M | 682K | 303K |
| Change in working capital | 29.2K | 6M | 6.1M | 4.9M | -8.2M | 123.4K | -38K | -455K | -45K | 320K |
| Operating cash flow | -698.8K | 4.2M | -493.4K | -2.2M | -6.4M | -2.1M | -7.6M | -4.9M | -6.4M | -6M |
| Capital expenditure | -1.5K | -362.6K | -1.8M | -599.7K | -519.2K | -38.9K | -836K | -637K | -12K | — |
| Investing cash flow | -567.8K | 543.6K | -1.7M | -581.2K | -516K | -36.2K | -836K | -637K | -12K | — |
| Dividends paid | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | 0 | 4.5M | 6.3M | 6.9M | -107.8K | 5.9M | 932K | 139K | 2M | 5.8M |
| Net change in cash | -1.3M | 9.2M | 4M | 4M | -7M | 3.7M | -7.5M | -5.4M | -4.4M | -261K |
| Free cash flow | -703K | -1.2M | -6M | -6.8M | -6.8M | -2.1M | -8.1M | -10M | -6.3M | -6.1M |
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 | Q1 23 | Q2 23 | Q3 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q1 26 | Q2 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income | -3.5M | -3.8M | 3.1M | -2.3M | -2.2M | -2.3M | 11.5M | -2.2M | -1.6M | -2.6M | 3.6M | -2M |
| Depreciation & amortization | 138K | 147K | 145K | 84K | 156K | 496K | 498K | 499K | 351K | 353K | 453K | 586K |
| Stock-based compensation | 252K | 200K | 234K | 453K | 191K | 142K | 145K | 204K | 0 | 270K | 70K | 58K |
| Change in working capital | 758K | -794K | -195K | -224K | 459K | -343K | -229K | 68K | 98K | 374K | 258K | -98K |
| Operating cash flow | -2.7M | 435K | -1.4M | -1.2M | -1.1M | -1.8M | -2M | -1.5M | -1M | -1.5M | -1.5M | -2.5M |
| Capital expenditure | -6K | -377K | -20K | -234K | -2K | -6K | -4K | 0 | — | — | — | — |
| Investing cash flow | -6K | -377K | -20K | -234K | -2K | -6K | -4K | 0 | 0 | — | 2.8M | 0 |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | — | — | — | — | — | — | — | — | 104K | 1.5M | 11K | -6K |
| Net change in cash | -2.7M | 58K | -1.4M | -1.5M | -1.1M | -1.8M | -2M | -1.5M | -937K | -57K | 1.3M | -2.5M |
| Free cash flow | -3.1M | -3.3M | -2.2M | -1.5M | -1.5M | -1.8M | -2M | -1.1M | -1.1M | -1.5M | -1.5M | -2.6M |