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 | — | — | — | — | $856K | — |
| FY24 | — | $203.9 | — | — | $1.3M | — |
| FY23 | — | $2.4K | — | — | $2.9M | — |
| FY22 | — | -$309.4 | — | — | $1.3M | — |
| FY21 | — | -$1.9K | — | — | $0 | — |
| FY20 | — | -$2.6 | — | — | $0 | — |
| FY19 | — | -$16.6 | — | — | $0 | — |
| FY18 | — | -$31.2 | — | — | $0 | — |
| FY17 | — | -$1.3 | — | — | $0 | — |
| FY16 | — | -$1.3 | — | — | $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 | $1.3M | $2.9M | $1.3M | $856K |
| YoY change | 0% | 0% | 0% | 0% | 0% | 0% | +InfinityT% | +113.7% | -54.6% | -34.5% |
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 | 1.3M | 2.9M | 1.3M | 856K |
| Cost of revenue | — | — | — | — | 0 | 0 | 322K | 683K | 800K | 225K |
| Gross profit | — | — | — | — | 0 | 0 | 1M | 2.2M | 506K | 631K |
| Gross margin | — | — | — | — | — | — | 76.1% | 76.3% | 38.7% | 73.7% |
| Research & development | 827K | 2M | 2.7M | 2M | 707K | 2M | 3M | 1.7M | 1.8M | 2.2M |
| Selling, general & administrative | 1.1M | 3.5M | 4.4M | 2M | 1.7M | 3.6M | 6.3M | 5.6M | 5.4M | 5.4M |
| Operating expenses | 2M | 5.8M | 7.8M | 4.1M | 2.6M | 5.8M | 9.3M | 7.5M | 7.4M | 9.2M |
| Operating income | -2M | -5.8M | -7.1M | -4.1M | -2.6M | -5.8M | -8.3M | -5.8M | -7.2M | -8.7M |
| Operating margin | — | — | — | — | — | — | -615.2% | -200.5% | -554.5% | -1K% |
| Non-operating income, net | 27K | -487K | 143K | 2K | -124K | -3K | 6.9M | -79K | -635K | -5.6M |
| Pretax income | -2M | -6.2M | -6.5M | -4.5M | -3.5M | -5.8M | -2.6M | -5.9M | -7.5M | -12.6M |
| Income tax | 0 | 0 | -60K | — | 0 | 0 | 14K | 22K | -14K | 0 |
| Net income | -2M | -6.2M | -8.9M | -4.7M | -3.5M | -5.8M | -2.6M | -5.9M | -7.5M | -12.6M |
| Net margin | — | — | — | — | — | — | -192.4% | -204.3% | -572.1% | -1.5K% |
| EBITDA | -2M | -5.7M | -6.4M | -3.7M | -3.2M | -5.7M | -9.4M | -5.4M | -6.8M | -7.2M |
| EPS | -1.3 | -1.3 | -31.2 | -16.6 | -2.6 | -1.9K | -309.4 | 2.4K | 203.9 | — |
| Diluted EPS | -1.3 | -1.3 | -31.2 | -16.6 | -2.86 | -1.9K | -309.4 | 2.4K | 203.9 | — |
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | Q3 16 | Q4 16 | Q1 17 | Q2 17 | Q3 17 | Q4 17 | Q1 18 | Q2 18 | Q3 18 | Q4 18 | Q1 19 | Q2 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | — | — | 0 | 0 | 0 | — | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost of revenue | — | — | — | — | — | — | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — | — | — | — | — | — | — |
| Gross margin | — | — | — | — | — | — | — | — | — | — | — | — |
| Research & development | 219K | 131K | 240K | 455K | 338K | 984K | 995K | 650K | 699K | 1.7M | 245K | 469K |
| Selling, general & administrative | 340K | 292.2K | 373K | 971K | 775K | 1.6M | 1.1M | 1M | 1M | 1.3M | 557K | 740K |
| Operating expenses | 559K | 423.2K | 645K | 1.4M | 1.1M | 2.6M | 2.1M | 1.6M | 1.7M | 3M | 1.9M | 197K |
| Operating income | -559K | -424.8K | -645K | -1.4M | -1.1M | -2.6M | -2.1M | -1.6M | -1.7M | -3.8M | -1.9M | -197K |
| Operating margin | — | — | — | — | — | — | — | — | — | — | — | — |
| Non-operating income, net | 33K | 26.6K | — | 0 | 0 | — | — | 228K | — | — | — | — |
| Pretax income | -536K | -388.7K | -636K | -1.9M | -1M | -2.7M | -2M | -1.2M | -1.7M | -4M | -2.1M | -178K |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — |
| Net income | -536K | -388.7K | -636K | -1.9M | -1M | -2.7M | -2M | -1.2M | -1.7M | -3.9M | -2.1M | -385K |
| Net margin | — | — | — | — | — | — | — | — | — | — | — | — |
| EBITDA | -558K | -430.3K | -635K | -1.4M | -1M | -2.6M | -2M | -1.4M | -1.7M | -3.8M | -1.9M | 13K |
| EPS | -0.37 | — | -0.26 | -0.78 | -0.26 | — | -0.26 | -0.26 | -0.26 | — | -42 | — |
| Diluted EPS | -0.37 | — | -0.26 | -0.78 | -0.26 | — | -0.26 | -0.26 | -0.26 | — | -42 | — |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Shares outstanding | 1.4M | 4.5M | 269.1K | 81.7K | 9.9K | 3K | 8.4K | 2.2K | 30.8K | — | — |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross margin | — | — | — | — | — | — | 76.1% | 76.3% | 38.7% | 73.7% | 73.7% |
| Operating margin | — | — | — | — | — | — | -615.2% | -200.5% | -554.5% | -1K% | -1K% |
| Net margin | — | — | — | — | — | — | -192.4% | -204.3% | -572.1% | -1.5K% | -1.5K% |
| ROE | -350.3% | -74.4% | -11.6K% | -33.5K% | -247.2% | -71.1% | -40.2% | -61.4% | -83.6% | -244.1% | -244.1% |
| ROA | -161.2% | -65.3% | -196.3% | -406.1% | -138% | -58.4% | -24.4% | -52.6% | -72.2% | -164.8% | -164.8% |
| ROIC | 2K% | 1.4K% | -1.6K% | — | 5K% | -434% | -285.6% | -125.9% | -104.5% | -948.9% | -948.9% |
| Return on tangible assets | -161.2% | -65.3% | -196.3% | -406.1% | -138% | -58.4% | -44% | -73.6% | -84.3% | -194.7% | -194.7% |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current ratio | 1.2 | 8.07 | 0.54 | 0.91 | 2.25 | 5.59 | 1.09 | 4.1 | 5.36 | 2.41 | 2.41 |
| Quick ratio | 1.2 | 8.07 | 0.54 | 0.91 | 2.25 | 5.59 | 0.92 | 3.63 | 5.28 | 2.38 | 2.38 |
| Debt / equity | — | 0.05 | 24 | 35.7 | 0.33 | 0.01 | 0 | 0.01 | 0.01 | 0.07 | 0.07 |
| Debt / assets | — | 0.04 | 0.41 | 0.43 | 0.18 | 0.01 | 0 | 0.01 | 0 | 0.05 | 0.05 |
| Net debt / EBITDA | — | 1.53 | -0.06 | 0.1 | 0.46 | 1.19 | 0.38 | 0.92 | 0.3 | 0.59 | 0.59 |
| Interest coverage | -2K | -1.2K | -53 | -6.89 | -140.4 | -481.4 | -70.6 | -650.2 | -248.5 | -1.1K | -1.1K |
| Effective tax rate | 0% | 0% | 0% | — | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue per share | 0 | 0 | 0 | 0 | 0 | 0 | 160.8 | 1.3K | 42.4 | — | — |
| EPS (basic) | -1.3 | -1.3 | -31.2 | -16.6 | -2.6 | -1.9K | -309.4 | 2.4K | 203.9 | — | — |
| EPS (diluted) | -1.3 | -1.3 | -31.2 | -16.6 | -2.86 | -1.9K | -309.4 | 2.4K | 203.9 | — | — |
| Book value per share | 0.4 | 1.87 | 0.29 | 0.17 | 144.1 | 2.7K | 769.8 | 4.4K | 290 | — | — |
| FCF per share | -1.03 | -1.03 | -26.6 | -57.5 | -434 | -1.7K | -1.5K | -2.7K | -165.6 | — | — |
| Cash per share | 0.47 | 2.05 | 5.52 | 10.6 | 196.1 | 2.3K | 426.6 | 2.4K | 66.7 | — | — |
| Capex per share | 0 | 0.01 | 0.1 | 8.85 | 0 | 11.5 | 0.95 | — | — | — | — |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Capex / revenue | — | — | — | — | — | — | 0.59% | — | — | — | — |
| Capex / operating cash flow | -0.26% | -0.9% | -0.33% | -13.9% | 0% | -0.68% | -0.09% | — | — | — | — |
| Payout ratio | — | — | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Period | Q3 16 | Q4 16 | Q1 17 | Q2 17 | Q3 17 | Q4 17 | Q1 18 | Q2 18 | Q3 18 | Q4 18 | Q1 19 | Q2 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | — | — | $0 | $0 | $0 | — | $0 | $0 | $0 | $0 | $0 | $0 |
| YoY change | — | — | — | — | — | — | 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 | 676K | 9.2M | 1.5M | 870K | 1.9M | 6.9M | 3.6M | 5.1M | 2.1M | 4.6M |
| Receivables | 65K | — | — | — | — | 0 | 77K | 22K | 10K | 10K |
| Inventory | — | — | — | — | — | 0 | 668K | 742K | 113K | 75K |
| Total current assets | 804K | 9.5M | 2.4M | 955K | 2.5M | 9.8M | 4.5M | 6.4M | 7.5M | 5.4M |
| Property, plant & equipment | 11K | 50K | 2.1M | -18K | 11K | 92K | 57K | 108K | -16K | -56K |
| Goodwill & intangibles | — | — | — | — | — | 0 | 4.7M | 3.2M | 1.5M | 1.2M |
| Total assets | 1.2M | 9.6M | 4.6M | 1.2M | 2.6M | 9.9M | 10.6M | 11.2M | 10.3M | 7.6M |
| Accounts payable | 80K | 399K | 978K | 339K | — | 1.2M | 298K | 802K | 816K | 783K |
| Short-term debt | — | 399K | 1.8M | 406K | 465K | 45K | 27K | 52K | 37K | 366K |
| Total current liabilities | 672K | 1.2M | 4.5M | 1M | 1.1M | 1.8M | 4.2M | 1.6M | 1.4M | 2.3M |
| Long-term debt | — | — | 0 | 94K | 0 | 18K | 0 | 24K | 9K | 0 |
| Total liabilities | 672K | 1.2M | 4.5M | 1.1M | 1.1M | 1.8M | 4.2M | 1.6M | 1.4M | 2.5M |
| Shareholders' equity | 573K | 8.4M | 77K | 14K | 1.4M | 8.1M | 6.4M | 9.6M | 8.9M | 5.1M |
| Total debt | — | 399K | 1.8M | 500K | 465K | 63K | 27K | 76K | 46K | 366K |
| Net debt | — | -8.8M | 363K | -370K | -1.5M | -6.8M | -3.5M | -2M | -1.5M | -4.2M |
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 16 | Q3 16 | Q4 16 | Q2 17 | Q3 17 | Q4 17 | Q1 18 | Q2 18 | Q3 18 | Q4 18 | Q1 19 | Q2 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 821.1K | 1.3M | 676K | 11.8M | 10.7M | 9.2M | 7.5M | 5.1M | 2M | 1.5M | 2.6M | 1.6M |
| Receivables | 78.6K | 58.3K | 65K | 242K | 188K | — | 411K | 448K | 542K | — | — | — |
| Inventory | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 911.1K | 1.3M | 804K | 12M | 11M | 9.5M | 7.9M | 6.3M | 4.9M | 2.4M | — | 1.8M |
| Property, plant & equipment | — | — | 11K | — | — | 50K | — | — | — | 2.1M | — | — |
| Goodwill & intangibles | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | 923.8K | 1.6M | 1.2M | 12.1M | 11M | 9.6M | 8.1M | 6.4M | 5.1M | 4.6M | — | 2.1M |
| Accounts payable | 315.9K | 581.2K | 80K | 520K | 546K | 399K | 1.2M | 1.1M | 1.3M | 978K | — | 885K |
| Short-term debt | — | — | — | — | — | 399K | — | — | — | 1.8M | — | 1.1M |
| Total current liabilities | 390.6K | 660.8K | 672K | 648K | 697K | 1.2M | 1.6M | 1.2M | 1.4M | 4.5M | — | 2.7M |
| Long-term debt | — | — | — | — | — | — | — | — | — | 0 | — | 116K |
| Total liabilities | 595.4K | 660.8K | 672K | 648K | 697K | 1.2M | 1.6M | 1.2M | 1.4M | 4.5M | — | 2.8M |
| Shareholders' equity | 328.3K | 968.4K | 573K | 11.4M | 10.3M | 8.4M | 6.5M | 5.2M | 3.6M | 77K | -850K | -742K |
| Total debt | — | — | — | — | — | 399K | — | — | — | 1.8M | — | 1.2M |
| Net debt | — | — | — | — | — | -8.8M | — | — | — | 363K | — | -420K |
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 | -2M | -6.2M | -8.9M | -4.7M | -3.5M | -5.8M | -2.6M | -5.9M | -7.5M | -12.6M |
| Depreciation & amortization | 4K | 5K | 147K | 179K | 164K | 33K | 187K | 538K | 482K | 234K |
| Stock-based compensation | 327K | 862K | 604K | 553K | 91K | 43K | 897K | 196K | 569K | 1.2M |
| Change in working capital | 123K | 206K | 746K | -1.4M | -1.3M | 523K | -742K | -825K | 116K | 1.4M |
| Operating cash flow | -1.6M | -4.6M | -8.2M | -5.2M | -5M | -5.2M | -8.8M | -5.9M | -5.1M | -4.1M |
| Capital expenditure | -4K | -42K | 27K | 723K | 0 | -35K | -8K | — | — | — |
| Investing cash flow | -5.3K | -53K | -2.1M | 722K | 24K | -70K | -2.2M | -4.1M | -1.6M | -1.4M |
| Dividends paid | — | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share repurchases | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | -349K | 13.2M | 1.5M | 2.1M | 1.6M | 7.3M | 8.9M | 8.5M | 6.2M | 7.5M |
| Net change in cash | -1.9M | 8.5M | -8.8M | -2.3M | -3.4M | 2.1M | -2.1M | -1.5M | -536K | 1.9M |
| Free cash flow | -1.5M | -4.6M | -7.1M | -4.7M | -4.3M | -5.1M | -12.8M | -5.9M | -5.1M | -4.1M |
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 16 | Q2 16 | Q3 16 | Q4 16 | Q1 17 | Q2 17 | Q3 17 | Q4 17 | Q1 18 | Q2 18 | Q3 18 | Q4 18 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income | -516.3K | -543K | -536K | -388.7K | -636K | -1.9M | -1M | -2.7M | -2M | -1.2M | -1.7M | -3.9M |
| Depreciation & amortization | 793 | 2K | 1K | 709 | 1K | 1K | 2K | 1K | 3K | 3K | 4K | 137K |
| Stock-based compensation | 79.1K | 132K | -229K | 48.2K | 64K | 71K | 32K | 695K | 238K | 138K | 132K | 96K |
| Change in working capital | 75.4K | -40K | 275K | -76.5K | 297K | -508K | 47K | 370K | 75K | -151K | 122K | 32K |
| Operating cash flow | -282K | -454K | -506K | -416.2K | -281K | -1.8M | -1M | -1.5M | -1.8M | -1.6M | -897K | -4.5M |
| Capital expenditure | -3.4K | 0 | -1K | 102 | 0 | -7K | -15K | -20K | -9K | -3K | 0 | 39K |
| Investing cash flow | -3.4K | 0 | -1.3K | 108 | 0 | -9K | -35K | -9K | -9K | -503K | -1.6M | 39K |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | 0 | — | -110K | -238.4K | 11.2M | 1.9M | 120K | — | -37K | 1K | 0 | 0 |
| Net change in cash | -285.4K | -454K | -617.3K | -654.5K | 10.9M | 88K | -950K | -1.5M | -1.9M | -2.1M | -2.5M | -4.4M |
| Free cash flow | -350.2K | -430K | -692K | -304.5K | -194K | -1.9M | -1M | -1.5M | -1.6M | -1.8M | -900K | -2.8M |