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 24 | -$2.06 | -$2.25 | -9.2% | — | $0 | — |
| Q3 24 | -$1.95 | -$4.58 | -134.9% | — | $0 | — |
| Q2 24 | -$1.83 | -$1.18 | +35.5% | — | $0 | — |
| Q1 23 | -$14 | -$6.5 | +53.6% | — | $0 | — |
| Q4 22 | -$11.5 | $15.8 | +237.0% | — | $0 | — |
| Q3 22 | -$13.8 | -$10.8 | +21.8% | — | $0 | — |
| Q2 22 | -$12 | -$13.5 | -12.5% | — | $0 | — |
| Q1 22 | -$12.8 | -$11.8 | +7.8% | — | $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 % |
|---|---|---|---|---|---|---|
| FY24 | — | -$11 | — | — | $0 | — |
| FY23 | — | -$29.5 | — | — | $0 | — |
| FY22 | — | -$20.3 | — | — | $0 | — |
| FY21 | — | -$62.8 | — | — | $0 | — |
| FY20 | — | -$300.8 | — | — | $0 | — |
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 |
|---|---|---|---|---|---|---|
| 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 | Q3 22 | Q4 22 | Q1 23 | Q2 23 | Q3 23 | Q4 23 | Q1 24 |
|---|
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 |
|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost of revenue | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — |
| Gross margin | — | — | — | — | — | — |
| Research & development | 5.7M | 3.1M | 4.3M | 6.3M | 2M | 1.6M |
| Selling, general & administrative | 9.8M | 8.1M | 8.3M | 9.8M | 6.3M | 5.2M |
| Operating expenses | 15.5M | 11.2M | 12.6M | 16.1M | 8.3M | 6.8M |
| Operating income | -15.5M | -11.2M | -12.6M | -16.1M | -8.3M | -6.8M |
| Operating margin | — | — | — | — | — | — |
| Non-operating income, net | — | -1.7M | — | 10.2M | 626.4K | -7.2M |
| Pretax income | -15.1M | -12.7M | -12.6M | -5.6M | -6M | -12.8M |
| Income tax | 0 | 0 | 0 | 0 | 0 | 0 |
| Net income | -15.1M | -12.7M | -12.6M | -5.6M | -6M | -12.8M |
| Net margin | — | — | — | — | — | — |
| EBITDA | -15.5M | -9.5M | -12.6M | -26.4M | -8.9M | 384K |
| EPS | -300.9 | -300.8 | -62.8 | -20.3 | -29.5 | -11 |
| Diluted EPS | -300.9 | -300.8 | -62.8 | -20.3 | -29.5 | -11 |
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | Q3 22 | Q4 22 | Q1 23 | Q2 23 | Q3 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4K |
| Cost of revenue | — | — | — | — | — | — | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — | — | — | — | — | — | — |
| Gross margin | — | — | — | — | — | — | — | — | — | — | — | — |
| Research & development | 1.5M | 1.4M | 877.7K | 307.2K | 212.1K | 577.9K | 609.2K | 342.1K | 222.9K | 424.5K | 60.8K | 148.6K |
| Selling, general & administrative | 1.7M | 4.5M | 2M | 1.5M | 1.2M | 1.6M | 1.1M | 1.2M | 1.1M | 1.8M | 1M | 2.2M |
| Operating expenses | 3.2M | 5.9M | 2.9M | 1.8M | 1.4M | 2.1M | 1.7M | 1.6M | 1.4M | 2.2M | 1.1M | 2.3M |
| Operating income | -3.2M | -5.9M | -2.9M | -1.8M | -1.4M | -2.1M | -1.7M | -1.6M | -1.4M | -2.2M | -1.1M | -2.3M |
| Operating margin | — | — | — | — | — | — | — | — | — | — | — | -59K% |
| Non-operating income, net | — | — | 813.8K | -2.7M | 1.6M | 861K | 1M | -22.9K | -4.7M | -3.5M | 1.3M | -15.3M |
| Pretax income | -3M | 4.5M | -1.7M | -4.1M | 763.2K | -996K | -206.7K | -1.3M | -5.7M | -5.5M | 385.2K | -17.5M |
| Income tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net income | -3M | 4.5M | -1.7M | -4.1M | 763.2K | -996K | -206.7K | -1.3M | -5.7M | -5.5M | 385.2K | -17.5M |
| Net margin | — | — | — | — | — | — | — | — | — | — | — | -442.1K% |
| EBITDA | -3.2M | -5.9M | -3.7M | 863.4K | -3.1M | -3M | -2.7M | -1.6M | 3.3M | 1.4M | -2.3M | 13M |
| EPS | -10.8 | — | -6.59 | -34.7 | -0.84 | — | -0.41 | -1.18 | -4.58 | — | 0.12 | -11.3 |
| Diluted EPS | -10.8 | — | -6.59 | -34.7 | -0.84 | — | -0.41 | -1.18 | -4.58 | — | 0.12 | -11.3 |
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 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | Current |
|---|---|---|---|---|---|---|---|
| Market cap | — | — | — | — | — | — | 6M |
| Enterprise value | — | — | — | — | — | — | 0 |
| Shares outstanding | 50.3K | 50.3K | 200.6K | 279.6K | 466.1K | 1.2M | 1.2M |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | Current |
|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | 2.76 |
| P/B | — | — | — | — | — | — | 0.39 |
| EV/EBITDA | — | — | — | — | — | — | 0 |
| Earnings yield | — | — | — | — | — | — | 36.2% |
| FCF yield | — | — | — | — | — | — | -225.5% |
| PEG | — | — | — | — | — | — | 0 |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | Current |
|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | — | — | -175.3K% |
| Net margin | — | — | — | — | — | — | -717.3K% |
| ROE | -86.9% | -247.2% | -37.6% | -15.7% | -23.6% | -188.4% | -200.1% |
| ROA | -84.6% | -188.2% | -35.5% | -14.4% | -19.4% | -72% | -76.5% |
| ROIC | -42.2K% | 1.7K% | 1.8K% | 781.8% | 184.1% | 62.6% | -193.2% |
| Return on tangible assets | -84.6% | -188.2% | -35.5% | -14.4% | -19.4% | -72% | -143.6% |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | Current |
|---|---|---|---|---|---|---|---|
| Current ratio | 37.3 | 4.17 | 17.8 | 29.4 | 7.14 | 17.5 | 20.5 |
| Quick ratio | 37.3 | 4.17 | 17.8 | 29.4 | 7.14 | 17.5 | 20.5 |
| Debt / equity | — | — | — | — | — | — | 0 |
| Net debt / EBITDA | — | — | — | — | — | — | 0 |
| Effective tax rate | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | Current |
|---|---|---|---|---|---|---|---|
| Revenue per share | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (basic) | -300.9 | -300.8 | -62.8 | -20.3 | -29.5 | -11 | -11 |
| EPS (diluted) | -300.9 | -300.8 | -62.8 | -20.3 | -29.5 | -11 | -11 |
| Book value per share | 346.3 | 102.2 | 167.1 | 126.7 | 54.9 | 5.49 | 11.5 |
| FCF per share | -236.4 | -161.2 | -43.4 | -40.1 | -11.1 | -3.96 | -3.16 |
| Cash per share | 345.5 | 115.2 | 170.6 | 134.1 | 64.6 | 14.3 | 9.18 |
| Capex per share | 0.1 | 0.11 | 0.02 | 0.03 | 0.01 | 0 | 0 |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | Current |
|---|---|---|---|---|---|---|---|
| Capex / operating cash flow | -0.04% | -0.05% | -0.03% | -0.35% | -0.05% | 0% | 0% |
| Payout ratio | 0% | -157.5% | 0% | 0% | -10.6% | -7.45% | -4.07% |
| FY19 | — | -$300.9 | — | — | $0 | — |
| Q2 24 |
|---|
| Q3 24 |
|---|
| Q4 24 |
|---|
| Q1 25 |
|---|
| Q2 25 |
|---|
| Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $4K |
| YoY change | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | +InfinityT% |
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 |
|---|---|---|---|---|---|---|
| Cash & short-term investments | 17.4M | 5.8M | 34.2M | 37.5M | 30.1M | 17.7M |
| Receivables | — | — | — | — | — | — |
| Inventory | — | — | — | — | — | — |
| Total current assets | 17.9M | 6.7M | 35.5M | 38.6M | 30.5M | 17.7M |
| Property, plant & equipment | — | — | — | — | — | — |
| Goodwill & intangibles | — | — | — | — | — | — |
| Total assets | 17.9M | 6.8M | 35.5M | 38.6M | 31.1M | 17.7M |
| Accounts payable | 413.1K | 1.3M | 1.3M | 660.2K | 444.6K | 317.3K |
| Short-term debt | — | — | — | — | — | — |
| Total current liabilities | 479.1K | 1.6M | 2M | 1.3M | 4.3M | 1M |
| Long-term debt | — | — | — | — | — | — |
| Total liabilities | 479.1K | 1.6M | 2M | 3.2M | 5.5M | 11M |
| Shareholders' equity | 17.4M | 5.1M | 33.5M | 35.4M | 25.6M | 6.8M |
| Total debt | — | — | — | — | — | — |
| Net debt | — | — | — | — | — | — |
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 22 | Q4 22 | Q1 23 | Q2 23 | Q3 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 26.3M | 37.5M | 35.8M | 32.9M | 31.7M | 30.1M | 28.3M | 27.4M | 22.1M | 17.7M | 14.8M | 14.4M |
| Receivables | — | — | — | — | — | — | — | — | — | — | — | — |
| Inventory | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 27.3M | 38.6M | 36.5M | 33.4M | 32.3M | 30.5M | 28.8M | 27.8M | 22.3M | 17.7M | 15.3M | 19.8M |
| Property, plant & equipment | — | — | — | — | — | — | — | — | — | — | — | — |
| Goodwill & intangibles | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | 27.4M | 38.6M | 36.5M | 33.4M | 32.4M | 31.1M | 29.4M | 28.4M | 22.8M | 17.7M | 15.3M | 19.8M |
| Accounts payable | 483.4K | 660.2K | 355.9K | 439.1K | 214.2K | 444.6K | 238.9K | 475.3K | 286.4K | 317.3K | 114.2K | 898.2K |
| Short-term debt | — | — | — | 2.3M | — | — | — | — | — | — | — | — |
| Total current liabilities | 683.6K | 1.3M | 1.3M | 2.8M | 1.8M | 4.3M | 6.3M | 9.4M | 340.9K | 1M | 210.7K | 964.3K |
| Long-term debt | — | — | — | — | — | — | — | — | — | — | — | — |
| Total liabilities | 683.6K | 3.2M | 2.3M | 6.5M | 3.9M | 5.5M | 6.5M | 9.6M | 9.7M | 11M | 8.9M | 1.8M |
| Shareholders' equity | 26.7M | 35.4M | 34.2M | 26.9M | 28.4M | 25.6M | 22.9M | 18.8M | 13.1M | 6.8M | 6.4M | 18M |
| Total debt | — | — | — | 2.3M | — | — | — | — | — | — | — | — |
| Net debt | — | — | — | -30.6M | — | — | — | — | — | — | — | — |
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 |
|---|---|---|---|---|---|---|
| Net income | -15.1M | -12.7M | -12.6M | -5.6M | -6M | -12.8M |
| Depreciation & amortization | 4.4K | 4.9K | 5K | 5.7K | 6.3K | 5.6K |
| Stock-based compensation | 4.2M | 1.7M | 3.3M | 3.7M | 1M | 25.4K |
| Change in working capital | -2.5M | 719.8K | 36.2K | -636.3K | -215.6K | -127.3K |
| Operating cash flow | -13.1M | -10.2M | -9.3M | -2.1M | -5.1M | -12.7M |
| Capital expenditure | -5.2K | -5.4K | -3.2K | -7.4K | -2.7K | 0 |
| Investing cash flow | -5.2K | -5.4K | -3.2K | -7.4K | -2M | -1M |
| Dividends paid | 0 | -20M | 0 | 0 | -641.1K | -950.9K |
| Share repurchases | — | — | — | 0 | -1M | -8.6M |
| Financing cash flow | 419.8K | -3.5M | 23.8M | 13.9M | -1.6M | -5.1M |
| Net change in cash | -12.7M | -13.6M | 14.5M | 11.8M | -8.8M | -18.9M |
| Free cash flow | -11.9M | -8.1M | -8.7M | -11.2M | -5.2M | -4.9M |
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 22 | Q4 22 | Q1 23 | Q2 23 | Q3 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income | -3M | 4.5M | -1.7M | -4.1M | 10.8M | -996K | -206.7K | -1.3M | 8.7M | -20M | 385.2K | -17.5M |
| Depreciation & amortization | 1.5K | 1.5K | 1.7K | 1.7K | 1.7K | 1.2K | 1.4K | 1.3K | 1.7K | 1.2K | 1K | 979 |
| Stock-based compensation | 510.7K | 1.5M | 644.8K | 334.4K | 15.1K | 15.1K | 14.4K | 3.4K | 3.8K | 3.8K | 3.7K | 969.2K |
| Change in working capital | 202.5K | 176.8K | -304.3K | 83.2K | -224.9K | 230.4K | -205.7K | 236.4K | -189K | 30.9K | -203.1K | 206.7K |
| Operating cash flow | -2.2M | 6.3M | -1.3M | -3.7M | 559.6K | -744.8K | -292.1K | -1M | -5.9M | -5.5M | 291.4K | -16.3M |
| Capital expenditure | -2.2K | -2.1K | -2K | -669 | 0 | 0 | 0 | 0 | 0 | 0 | — | — |
| Investing cash flow | -2.2K | -2.1K | -2K | -669 | 0 | 0 | -500K | -500K | 0 | 0 | 0 | -4.5M |
| Dividends paid | 0 | — | — | — | 49 | -51 | — | 0 | -950.9K | 0 | -107.4K | -97.8K |
| Share repurchases | 0 | — | — | — | 0 | 0 | — | 0 | -7.8M | -801.7K | -715K | -715K |
| Financing cash flow | 0 | 13.9M | — | — | 49 | -51 | — | 0 | -4.3M | -801.7K | -822.4K | -812.8K |
| Net change in cash | -2.2M | 20.2M | -1.3M | -3.7M | 559.6K | -744.8K | -792.1K | -1.5M | -10.2M | -6.3M | -530.9K | -21.6M |
| Free cash flow | -2.4M | -2.8M | -1.7M | -1.2M | -1.2M | -1.1M | -1.8M | -853.5K | -1M | -1.2M | -2M | -749.1K |