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 25 | $2.02 | $2.08 | +3.0% | — | $0 | — |
| Q1 23 | — | -$0.07 | — | — | $0 | — |
| Q4 22 | — | -$0.06 | — | — | $0 | — |
| Q3 22 | — | -$0.1 | — | — | $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 | — | -$71.6 | — | — | $0 | — |
| FY24 | — | -$79.8 | — | — | $0 | — |
| FY23 | — | -$3.53 | — | — | $0 | — |
| FY22 | — | -$5.04 | — | — | $0 | — |
| FY21 | — | -$0.76 | — | — | $0 | — |
| FY20 | — | -$0.55 | — | — | $0 | — |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | $0 | $0 | $0 |
| YoY change | — | 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 | Q2 23 | Q3 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 |
|---|
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost of revenue | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — |
| Gross margin | — | — | — | — | — | — |
| Research & development | 161.8K | 1M | 1M | 3.5M | 3.6M | 4.1M |
| Selling, general & administrative | 347.8K | 721.2K | 1.3M | 2.4M | 4.1M | 7.9M |
| Operating expenses | 509.5K | 1.7M | 2.3M | 5.9M | 7.7M | 11.9M |
| Operating income | -509.5K | -1.7M | -2.3M | -5.9M | -7.7M | -11.9M |
| Operating margin | — | — | — | — | — | — |
| Non-operating income, net | -256.6K | 641.6K | -2M | 1.8M | -126.6K | 264.9K |
| Pretax income | -805.7K | -1.2M | -5M | -6.6M | -9.1M | -11.7M |
| Income tax | 0 | 0 | 0 | — | — | — |
| Net income | -805.7K | -1.2M | -5M | -6.6M | -9.1M | -11.7M |
| Net margin | — | — | — | — | — | — |
| EBITDA | -454.6K | -1.7M | -2.5M | -5.9M | -7.5M | -11.6M |
| EPS | -0.55 | -0.76 | -5.04 | -3.53 | -79.8 | -71.6 |
| Diluted EPS | -0.55 | -0.76 | -5.04 | -3.53 | -82.5 | -71.6 |
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | Q2 23 | Q3 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost of revenue | — | — | — | — | — | — | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — | — | — | — | — | — | — |
| Gross margin | — | — | — | — | — | — | — | — | — | — | — | — |
| Research & development | 839.7K | 1M | 432.6K | 586.1K | 645.7K | 1.4M | 986.4K | 1.6M | 1M | 943.5K | 511.9K | 267.2K |
| Selling, general & administrative | 626K | 554K | 850.2K | 798.7K | 836.9K | 1.7M | 790.7K | 1.4M | 2.9M | 1.3M | 2.3M | 1.9M |
| Operating expenses | 1.5M | 1.6M | 1.3M | 1.4M | 1.5M | 3.1M | 1.8M | 3M | 3.9M | 2.3M | 2.8M | 2.2M |
| Operating income | -1.5M | -1.6M | -1.3M | -1.4M | -1.5M | -3.1M | -1.8M | -3M | -3.9M | -2.3M | -2.8M | -2.2M |
| Operating margin | — | — | — | — | — | — | — | — | — | — | — | — |
| Non-operating income, net | -6.1K | 409.1K | 152K | 129.9K | -132.1K | -462.4K | 337.9K | -89.8K | 225.6K | -61.9K | 191.1K | 76.3K |
| Pretax income | -2.2M | -1.8M | -1.6M | -1.7M | -2M | -3.8M | -1.6M | -3.1M | -3.7M | -2.3M | -2.6M | -2.2M |
| Income tax | — | 0 | — | — | — | — | — | — | — | — | — | — |
| Net income | -2.2M | -1.8M | -1.6M | -1.7M | -2M | -3.8M | -1.6M | -3.1M | -3.7M | -2.3M | -2.6M | -2.2M |
| Net margin | — | — | — | — | — | — | — | — | — | — | — | — |
| EBITDA | -1.4M | -1.6M | -1.3M | -1.4M | -1.5M | -3M | -1.7M | -3M | -3.7M | -2.3M | -2.6M | -1.6M |
| EPS | -1.23 | -0.91 | — | -0.83 | -0.96 | -39.8 | — | -7.5 | -32.9 | -10.5 | — | -4.3 |
| Diluted EPS | -1.23 | -0.91 | — | -0.83 | -0.96 | -39.8 | — | -7.5 | -32.9 | -10.5 | — | -4.3 |
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 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Market cap | — | — | — | — | — | — | 2.4M |
| Enterprise value | — | — | — | — | — | — | 19.2M |
| Shares outstanding | 1.7M | 1.7M | 1.3M | 1.9M | 114.8K | 163.8K | 163.8K |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | 40.1 |
| P/B | — | — | — | — | — | — | 0.67 |
| EV/EBITDA | — | — | — | — | — | — | -1.99 |
| Earnings yield | — | — | — | — | — | — | 2.49% |
| FCF yield | — | — | — | — | — | — | -118.9% |
| PEG | — | — | — | — | — | — | -0.94 |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | — | — | 0% |
| Net margin | — | — | — | — | — | — | 0% |
| ROE | 47.7% | 70.8% | -65.1% | -162.6% | -1.3K% | -519.9% | -90.1% |
| ROA | -148.1% | -176.8% | -57.7% | -110.8% | -364.9% | -111.9% | -49.5% |
| ROIC | 51.4% | 151% | -26.2K% | — | — | — | — |
| Return on tangible assets | -148.1% | -176.8% | -57.7% | -110.8% | -364.9% | 127.3% | 162% |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Current ratio | 0.16 | 0.23 | 8.79 | 5.37 | 1.44 | 0.06 | 0.11 |
| Quick ratio | 0.16 | 0.23 | 8.79 | 5.37 | 1.44 | 0.06 | 0.3 |
| Debt / equity | -0.48 | -0.6 | 0.1 | 0.27 | 1.65 | 0.1 | 0.01 |
| Debt / assets | 1.5 | 1.5 | 0.09 | 0.18 | 0.47 | 0.02 | 0.02 |
| Net debt / EBITDA | -1.54 | -0.28 | 3.03 | 0.74 | 0.1 | 0.01 | 0.09 |
| Interest coverage | -19.3 | -21.7 | -9.39 | -1.65 | -5.72 | -164.5 | -151.4 |
| Effective tax rate | 0% | 0% | 0% | — | — | — | — |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Revenue per share | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (basic) | -0.55 | -0.76 | -5.04 | -3.53 | -79.8 | -71.6 | -71.6 |
| EPS (diluted) | -0.55 | -0.76 | -5.04 | -3.53 | -82.5 | -71.6 | 0.1 |
| Book value per share | -1.02 | -0.98 | 5.74 | 2.17 | 6.18 | 13.8 | 6.03 |
| FCF per share | -0.02 | -0.18 | -1.99 | -3 | -63.8 | -76.6 | -24.8 |
| Cash per share | 0.07 | 0.3 | 6.29 | 2.93 | 16.7 | 2.04 | 0.02 |
| Capex per share | 0.01 | 0 | 0 | 0.01 | 0 | 0.07 | 0.07 |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Capex / operating cash flow | -4.74% | 0% | 0% | -0.5% | 0% | -0.13% | -0.13% |
| Payout ratio | — | — | — | — | — | 0% | 0% |
| Q1 25 |
|---|
| Q2 25 |
|---|
| Q3 25 |
|---|
| Q4 25 |
|---|
| Q1 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 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|
| Cash & short-term investments | 117.2K | 504.7K | 8.4M | 5.5M | 1.9M | 334K |
| Receivables | 211.5K | 0 | — | — | — | — |
| Inventory | — | — | — | — | — | — |
| Total current assets | 341.2K | 509.6K | 8.6M | 5.6M | 2.2M | 502.9K |
| Property, plant & equipment | 196.4K | 135.5K | 77.6K | 358.7K | 295.4K | 119.7K |
| Goodwill & intangibles | — | — | — | — | — | 19.7M |
| Total assets | 544K | 651.6K | 8.7M | 6M | 2.5M | 10.5M |
| Accounts payable | 517K | 828.3K | 129.2K | 283.3K | 596.6K | 1.5M |
| Short-term debt | 686.4K | 916.4K | 748.3K | 648.5K | 935.4K | 77.2K |
| Total current liabilities | 2.1M | 2.2M | 975.7K | 1M | 1.5M | 8M |
| Long-term debt | 129.4K | 62.4K | 0 | 439.2K | 238.1K | 155K |
| Total liabilities | 2.2M | 2.3M | 975.7K | 1.9M | 1.8M | 8.2M |
| Shareholders' equity | -1.7M | -1.6M | 7.7M | 4.1M | 709.2K | 2.3M |
| Total debt | 815.8K | 978.9K | 748.3K | 1.1M | 1.2M | 232.1K |
| Net debt | 698.7K | 474.1K | -7.7M | -1.5M | -746.7K | -101.9K |
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 23 | Q3 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 8.4M | 6.8M | 5.5M | 4.2M | 2.3M | 156.7K | 1.9M | 4.5M | 4.8M | 2.1M | 334K | 1.1M |
| Receivables | — | — | — | — | — | — | — | — | — | — | — | — |
| Inventory | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 8.4M | 7M | 5.6M | 4.4M | 2.5M | 361.4K | 2.2M | 5M | 5.2M | 3.3M | 502.9K | 2.5M |
| Property, plant & equipment | 393.8K | 380.2K | 358.7K | 342.9K | 327.7K | 312.2K | 295.4K | 278.9K | 264K | 246.7K | 119.7K | 101.5K |
| Goodwill & intangibles | — | — | — | — | — | — | — | — | — | — | 19.7M | 18.5M |
| Total assets | 8.8M | 7.4M | 6M | 4.8M | 2.8M | 673.6K | 2.5M | 5.3M | 5.5M | 3.5M | 10.5M | 11.8M |
| Accounts payable | 88.7K | 180K | 283.3K | 347.6K | 364.9K | 1.3M | 596.6K | 896.9K | 1.2M | 1.5M | 1.5M | 1.8M |
| Short-term debt | 329.4K | 523.9K | 648.5K | 996K | 888.3K | 308.7K | 935.4K | 884.1K | 517.8K | 492K | 77.2K | 80K |
| Total current liabilities | 493.7K | 810.4K | 1M | 1.5M | 1.4M | 1.7M | 1.5M | 1.8M | 1.7M | 2M | 8M | 8.3M |
| Long-term debt | 452.1K | 442.8K | 439.2K | 288.6K | 267K | 255.6K | 238.1K | 220.1K | 195.2K | 175.3K | 155K | 134.1K |
| Total liabilities | 1.9M | 1.8M | 1.9M | 2M | 2M | 2M | 1.8M | 2M | 1.9M | 2.1M | 8.2M | 8.5M |
| Shareholders' equity | 6.9M | 5.6M | 4.1M | 2.8M | 801.4K | -1.3M | 709.2K | 3.3M | 3.6M | 1.4M | 2.3M | 3.3M |
| Total debt | 781.5K | 966.7K | 1.1M | 1.3M | 1.2M | 564.3K | 1.2M | 1.1M | 713K | 667.3K | 232.1K | 214K |
| Net debt | -4.7M | -2.9M | -1.5M | -114.1K | 459.8K | 407.6K | -746.7K | -3.4M | -4.1M | -1.4M | -101.9K | -875.9K |
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 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|
| Net income | -805.7K | -1.2M | -5M | -6.6M | -9.1M | -11.7M |
| Depreciation & amortization | 55K | 60.8K | 6K | 6.8K | 5.5K | 290.1K |
| Stock-based compensation | 459.6K | 910.1K | 237.5K | 182K | 259.7K | 933K |
| Change in working capital | 62.9K | 464.3K | -442.6K | 161.6K | 328.5K | 420.5K |
| Operating cash flow | -228.3K | 286.5K | -5.2M | -3.8M | -7.3M | -9.5M |
| Capital expenditure | -10.8K | 0 | 0 | -19K | 0 | -12K |
| Investing cash flow | -10.8K | 0 | 0 | -2.8M | 2.9M | -12K |
| Dividends paid | — | — | — | — | — | 0 |
| Share repurchases | — | — | — | — | — | — |
| Financing cash flow | 70.1K | 687.9K | 10.5M | 1.9M | 3.7M | 8.6M |
| Net change in cash | -169K | 974.4K | 5.3M | -4.8M | -653.8K | -942.2K |
| Free cash flow | -37.6K | -300.3K | -2.7M | -5.6M | -7.3M | -12.5M |
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 | Q2 23 | Q3 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income | -2.2M | -1.8M | -1.6M | -1.7M | -2M | -3.8M | -1.6M | -3.1M | -3.7M | -2.3M | -2.6M | -2.2M |
| Depreciation & amortization | 1.5K | 1.9K | 2K | 1.9K | 962 | 793 | 1.8K | 1K | -979 | 1K | 289.1K | 633.3K |
| Stock-based compensation | 49.5K | 37.6K | 86.5K | 111.4K | 71.2K | 45.3K | 31.9K | 537K | 46.9K | 134.3K | 214.8K | 35K |
| Change in working capital | -356.8K | 95.2K | 107.5K | 26.1K | 63.8K | 990.6K | -752.1K | 79.3K | 465.1K | 330.3K | -454.2K | 335K |
| Operating cash flow | -1.7M | -1.1M | -976.2K | -1.1M | -1.5M | -2.5M | -2.2M | -2.4M | -3.4M | -2.6M | -973K | -2.4M |
| Capital expenditure | — | — | 0 | — | — | — | 0 | — | — | — | — | -36K |
| Investing cash flow | 62.8K | -6.8K | 87K | 101.3K | 1.2M | 1.7M | 0 | 0 | 0 | 0 | 0 | -36K |
| Dividends paid | — | — | — | 0 | — | 0 | — | 0 | 0 | 0 | 0 | 0 |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | -4.2M | 0 | -334.4K | 0 | -501.7K | -95.1K | 670.5K | 5.1M | 3.6M | -161.9K | 0 | 3.2M |
| Net change in cash | -5.9M | -1.1M | -1.2M | -1M | -852.4K | -902.8K | -1.5M | 2.7M | 250.4K | -2.8M | -973K | 755.9K |
| Free cash flow | -1.6M | -1.6M | -1.1M | -1.2M | -1.4M | -2M | -2.7M | -2.5M | -3.4M | -2.6M | -4M | -2.5M |