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 | — | — | — | — | $17.9M | — |
| FY24 | — | — | — | — | $20.1M | — |
| FY23 | — | — | — | — | $17.4M | — |
| FY22 | — | — | — | — | $11.8M | — |
| FY21 | — | — | — | — | $2.7M | — |
| FY20 | — | — | — | — | $2.1M | — |
| FY19 | — | — | — | — | $2.3M | — |
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 | $2.3M | $2.1M | $2.7M | $11.8M | $17.4M | $20.1M | $17.9M |
| YoY change | — | -7.59% | +29% | +334.7% | +47.7% | +15.7% | -11.1% |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | Q3 23 | Q4 23 |
|---|
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 | 2.3M | 2.1M | 2.7M | 11.8M | 17.4M | 20.1M | 17.9M |
| Cost of revenue | 1.8M | 1.7M | 3.1M | 9.6M | 27.7M | 20.3M | 20.6M |
| Gross profit | 454.3K | 433K | -361K | 2.2M | -10.3M | -145K | -2.7M |
| Gross margin | 20% | 20.6% | -13.3% | 18.6% | -59.3% | -0.72% | -15.3% |
| Research & development | 7.2M | 9.6M | 17.1M | 38.6M | 54.7M | 73.3M | 72.5M |
| Selling, general & administrative | 2.5M | 2.4M | 9.1M | 22.7M | 25.6M | 31.8M | 29.4M |
| Operating expenses | 9.7M | 12M | 26.2M | 61.3M | 80.3M | 105.2M | 98.1M |
| Operating income | -9.2M | -11.6M | -26.5M | -59.1M | -90.6M | -105.3M | -100.8M |
| Operating margin | -406.3% | -551.3% | -978.8% | -501.5% | -520.5% | -523% | -562.9% |
| Non-operating income, net | — | -2.3M | 45M | 40.9M | 4.9M | -7.5M | -5.8M |
| Pretax income | -9.1M | -14.3M | 18.1M | -9.8M | -65.5M | -95.2M | -93.5M |
| Income tax | 134.6K | 118K | -25K | -227K | 0 | 1.2M | -8K |
| Net income | -9.2M | -14.4M | 18.1M | -9.6M | -65.5M | -96.5M | -93.4M |
| Net margin | -404.6% | -683.5% | 667.1% | -81.1% | -376.5% | -479.3% | -521.5% |
| EBITDA | -7.6M | -9.9M | -27.7M | -44.7M | -57.6M | -73.3M | -68.5M |
| EPS | — | — | — | — | — | — | — |
| Diluted EPS | — | — | — | — | — | — | — |
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 | 6.4M | 2.3M | 6M | 5.1M | 4.7M | 4.5M | 6M | 6.5M | 3.7M | 2.6M | 2.1M | -1M |
| Cost of revenue | 7.2M | 7.4M | 4.3M | 5.4M | 7M | 3.6M | 2.7M | 8.5M | 3.6M | 5.9M | 3.5M | 2.1M |
| Gross profit | -817K | -5M | 1.7M | -362K | -2.3M | 876K | 3.3M | -2M | 100K | -3.3M | -1.4M | -3.1M |
| Gross margin | -12.8% | -214.3% | 27.9% | -7.13% | -49.9% | 19.6% | 55.2% | -30.5% | 2.68% | -127.9% | -68.6% | 308.4% |
| Research & development | 14.2M | 14.4M | 18.9M | 18.5M | 17.3M | 18.6M | 19M | 18.3M | 18.3M | 16.9M | 17.7M | 19.4M |
| Selling, general & administrative | 6.4M | 6.2M | 8.6M | 8M | 8M | 7.3M | 8.3M | 6.6M | 7.1M | 7.4M | 8.1M | 8.5M |
| Operating expenses | 20.7M | 20.6M | 27.4M | 26.6M | 25.3M | 25.9M | 27.3M | 23.9M | 24.5M | 23.2M | 24.9M | 27.2M |
| Operating income | -21.5M | -25.6M | -25.8M | -26.9M | -27.6M | -25M | -24M | -25.9M | -24.4M | -26.5M | -26.3M | -30.3M |
| Operating margin | -337.7% | -1.1K% | -433.1% | -530.8% | -593.2% | -561.1% | -399.4% | -398.9% | -654.4% | -1K% | -1.3K% | 3K% |
| Non-operating income, net | 1.2M | 1.4M | -501K | 703K | 1.3M | -9.1M | 5.4M | -3.4M | -3.5M | -4.3M | 9.7M | 2.2M |
| Pretax income | -15.1M | -19M | -21.2M | -21.8M | -22M | -30.2M | -15.1M | -26M | -24.9M | -27.5M | -12.9M | -24M |
| Income tax | 0 | 0 | — | 511K | 376K | 307K | 0 | 6K | 360K | -373K | 84K | -79K |
| Net income | -15.1M | -19M | -21.2M | -22.3M | -22.4M | -30.6M | -15.2M | -25.3M | -25.9M | -27.1M | -13M | -23.8M |
| Net margin | -237.9% | -811.3% | -356.2% | -438.9% | -482% | -686.5% | -251.8% | -390.7% | -693.1% | -1.1K% | -618.9% | 2.3K% |
| EBITDA | -13.2M | -16M | -16.5M | -18.1M | -19.4M | -19.1M | -16.1M | -17.8M | -16.5M | -18.2M | -17.3M | -21.2M |
| EPS | — | — | — | — | — | — | — | — | — | — | — | — |
| Diluted EPS | — | — | — | — | — | — | — | — | — | — | — | — |
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 | — | — | — | — | — | — | — | 0 |
| Enterprise value | — | — | — | — | — | — | — | -13.6M |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| P/S | — | — | — | — | — | — | — | 0 |
| P/B | — | — | — | — | — | — | — | 0.01 |
| EV/EBITDA | — | — | — | — | — | — | — | 0.2 |
| EV/Sales | — | — | — | — | — | — | — | -0.76 |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Gross margin | 20% | 20.6% | -13.3% | 18.6% | -59.3% | -0.72% | -15.3% | 308.4% |
| Operating margin | -406.3% | -551.3% | -978.8% | -501.5% | -520.5% | -523% | -562.9% | 3K% |
| Net margin | -404.6% | -683.5% | 667.1% | -81.1% | -376.5% | -479.3% | -521.5% | -15.3% |
| ROE | -71.4% | -371.3% | 3.24% | -1.72% | -13% | -23.5% | -22.4% | -20.6% |
| ROA | -44.2% | -101.2% | 2.93% | -1.61% | -12.3% | -21.5% | -20.5% | -14.4% |
| ROIC | -106.6% | -221.5% | 86.9% | -24.4% | -26.9% | -34.9% | -58.2% | -40.3% |
| Return on tangible assets | -45.1% | -104.8% | 2.93% | -1.61% | -12.4% | -21.7% | -20.7% | -17.2% |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Current ratio | 6.62 | 2.97 | 71 | 15.8 | 11.5 | 6.27 | 15.9 | 14.6 |
| Quick ratio | 6.62 | 2.97 | 71 | 15.8 | 11.5 | 6.27 | 15.9 | 14.6 |
| Debt / equity | 0.5 | 1.64 | 0 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 |
| Debt / assets | 0.31 | 0.45 | 0 | 0.02 | 0.02 | 0.02 | 0.02 | 0.01 |
| Net debt / EBITDA | 0.56 | -0.14 | 21.2 | 7 | 2.89 | 1.48 | 3.54 | 3.21 |
| Interest coverage | -151.8 | -38.5 | 46.9 | -231.9 | -779.3 | -2.1K | -3.7K | -412.1 |
| Effective tax rate | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Revenue per share | — | — | — | — | — | — | — | 0.04 |
| EPS (diluted) | — | — | — | — | — | — | — | -46.4 |
| Book value per share | — | — | — | — | — | — | — | 2.21 |
| FCF per share | — | — | — | — | — | — | — | -0.2 |
| Cash per share | — | — | — | — | — | — | — | 1.06 |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Capex / revenue | 135.2% | 48.5% | 465.2% | 494.5% | 198.2% | 78.8% | — | — |
| Capex / operating cash flow | -36.3% | -8.49% | 52.2% | 998% | -78.5% | -24.7% | — | — |
| Dividend yield | — | — | — | — | — | — | — | 8.7K% |
Split-adjusted payout per share by ex-dividend date.
| Ex-dividend | Amount |
|---|---|
| Apr 29, 2021 | $0.46 |
| Jul 2, 2020 | $0.48 |
| Jul 3, 2019 | $0.44 |
| Jul 4, 2018 | $0.42 |
| Jul 5, 2017 | $0.40 |
| Jul 1, 2016 | $0.40 |
| Jun 3, 2015 | $0.75 |
| Jun 2, 2014 | $0.75 |
| Q1 24 |
|---|
| Q2 24 |
|---|
| Q3 24 |
|---|
| Q4 24 |
|---|
| Q1 25 |
|---|
| Q2 25 |
|---|
| Q3 25 |
|---|
| Q4 25 |
|---|
| Q1 26 |
|---|
| Q2 26 |
|---|
| Revenue | $6.4M | $2.3M | $6M | $5.1M | $4.7M | $4.5M | $6M | $6.5M | $3.7M | $2.6M | $2.1M | -$1M |
| YoY change | +126.3% | -44.1% | +57% | +3.44% | -26.9% | +90% | +1.06% | +27.8% | -19.8% | -42.4% | -65% | -115.7% |
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 | 10.6M | 5M | 589.3M | 323.1M | 176M | 118.2M | 250.8M |
| Receivables | — | — | — | — | — | — | — |
| Inventory | — | — | — | — | — | — | — |
| Total current assets | 11.2M | 5.5M | 594.4M | 327.8M | 183.1M | 125.2M | 267.4M |
| Property, plant & equipment | 9.5M | 8.5M | 22.1M | 91.4M | 107.4M | 105.6M | 93M |
| Goodwill & intangibles | 433.2K | 496K | 1.2M | 2.2M | 3.3M | 4.1M | 4.3M |
| Total assets | 20.8M | 14.2M | 617.7M | 594.4M | 532.8M | 448.3M | 455.1M |
| Accounts payable | 256.7K | 202K | 4.3M | 11.3M | 6.5M | 8.1M | 8.5M |
| Short-term debt | 676.2K | 1.2M | 120K | 829K | 1M | 1.1M | 861K |
| Total current liabilities | 1.7M | 1.8M | 8.4M | 20.7M | 15.9M | 20M | 16.8M |
| Long-term debt | 5.7M | 5.1M | 10K | 9.2M | 8.5M | 8.3M | 7.1M |
| Total liabilities | 7.9M | 10.3M | 59M | 39.1M | 29.5M | 37.9M | 38.9M |
| Shareholders' equity | 12.9M | 3.9M | 558.7M | 555.4M | 503.3M | 410.3M | 416.2M |
| Total debt | 6.4M | 6.3M | 130K | 10.1M | 9.6M | 9.4M | 8M |
| Net debt | -4.2M | 1.4M | -513.3M | -40.1M | -25M | -16M | -13.6M |
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 | — | — | — | — | — | — | — | — | 251.2M | 250.8M | 255.4M | 242.4M |
| Receivables | — | — | — | — | — | — | — | — | — | — | 4.2M | 3.2M |
| Inventory | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current assets | — | — | — | — | — | — | — | — | 262.2M | 267.4M | 274.7M | 251.4M |
| Property, plant & equipment | — | — | — | — | — | — | — | — | 96M | 93M | 91.4M | 90.5M |
| Goodwill & intangibles | — | — | — | — | — | — | — | — | 4.1M | 4.3M | 4.3M | 4.3M |
| Total assets | — | — | — | — | — | — | — | — | 416.1M | 455.1M | 554.7M | 527.1M |
| Accounts payable | — | — | — | — | — | — | — | — | — | 8.5M | — | — |
| Short-term debt | — | — | — | — | — | — | — | — | 836K | 861K | 886K | 913K |
| Total current liabilities | — | — | — | — | — | — | — | — | 16.6M | 16.8M | 17.1M | 17.2M |
| Long-term debt | — | — | — | — | — | — | — | — | 7.4M | 7.1M | 6.9M | 6.6M |
| Total liabilities | — | — | — | — | — | — | — | — | 34.6M | 38.9M | 29.3M | 24.9M |
| Shareholders' equity | — | — | — | — | — | — | — | — | 381.5M | 416.2M | 525.5M | 502.1M |
| Total debt | — | — | — | — | — | — | — | — | 8.2M | 8M | 7.8M | 7.5M |
| Net debt | — | — | — | — | — | — | — | — | -39.1M | -13.6M | -23.7M | -16.8M |
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 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|
| Net income | -9.2M | -14.4M | 18.1M | -9.6M | -65.5M | -96.5M | -93.4M |
| Depreciation & amortization | 1.4M | 2.1M | 2.4M | 5.9M | 12.7M | 17.4M | 19.8M |
| Stock-based compensation | 118.5K | 182K | 2.7M | 8.7M | 10.4M | 12M | 9M |
| Change in working capital | -971.7K | -606K | 762K | 1M | -1.7M | 3M | -9.6M |
| Operating cash flow | -8.5M | -12M | 24.2M | 5.8M | -43.9M | -64.1M | -73.4M |
| Capital expenditure | -3.1M | -1M | -12.6M | -58.3M | -34.5M | -15.9M | — |
| Investing cash flow | -3.1M | -1M | -88.5M | -429.5M | 43.1M | 64.6M | -8.8M |
| Dividends paid | — | — | — | — | — | — | — |
| Share repurchases | — | 0 | -6M | 0 | — | -9.1M | -3.6M |
| Financing cash flow | 5.9M | 5.4M | 622.7M | -454K | -54K | -9.7M | 84.2M |
| Net change in cash | -5.7M | -7.7M | 558.3M | -424.1M | -940K | -9.2M | 2M |
| Free cash flow | -11.7M | -11.1M | -38.4M | -92.6M | -93.3M | -80.3M | -84.5M |
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 | 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 | -15.1M | -19M | -21.2M | -22.3M | -22.4M | -30.6M | -15.2M | -25.3M | -25.9M | -27.1M | -13M | -23.8M |
| Depreciation & amortization | 3.1M | 4.4M | 4.1M | 4.3M | 4.2M | 4.7M | 4.9M | 5M | 5M | 5M | 5M | 5M |
| Stock-based compensation | 3.3M | 1.9M | 2.9M | 3.1M | 3.1M | 3M | 1.8M | 2.2M | 2.5M | 2.5M | 2.7M | 3.1M |
| Change in working capital | -2.7M | 9M | -4.6M | 3.6M | 4.5M | -592K | -6.2M | -2M | -980K | -359K | -1.2M | 6.1M |
| Operating cash flow | -11.5M | -3.7M | -18.8M | -11.3M | -10.5M | -23.5M | -14.6M | -14.4M | -14.3M | -18.4M | -18.8M | -8.4M |
| Capital expenditure | -8.3M | -5M | -4.1M | -4.4M | -2.8M | -4.6M | -2.4M | — | — | — | — | — |
| Investing cash flow | 14.6M | 13.7M | 13.8M | 34.3M | 17.4M | 2.8M | 31M | 17.4M | 1.5M | -61.1M | -90.6M | 8.8M |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | 0 | — | -4.9M | -3.4M | 0 | -798K | 0 | -3.6M | 0 | 0 | — | — |
| Financing cash flow | -113K | 116K | -5.2M | -3.8M | -181K | -793K | -348K | -4M | 33.2M | 55.3M | 120.9M | -1.8M |
| Net change in cash | 3.1M | 10.1M | -10.2M | 19.3M | 6.7M | -21.4M | 16M | -979K | 20.5M | -24.2M | 11.6M | -1.5M |
| Free cash flow | -23.9M | -11.7M | -33.3M | -15.6M | -12.7M | -18.7M | -29.1M | -17.3M | -14.8M | -23.3M | -20.4M | -14.7M |