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 | — | -$24.6 | — | — | $542.2K | — |
| FY23 | — | -$1.82 | — | — | $0 | — |
| FY22 | — | -$0.78 | — | — | $0 | — |
| FY21 | — | -$0.6 | — | — | $0 | — |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | FY21 | FY22 | FY23 | FY24 |
|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | $542.2K |
| YoY change | — | 0% | 0% | +InfinityT% |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 |
|---|---|---|---|---|---|---|
| Revenue | $522.2K | — | $20K | $346.1K | $884K | $631K |
| YoY change | — | — | — | — | +69.3% | — |
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | FY21 | FY22 | FY23 | FY24 |
|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 542.2K |
| Cost of revenue | — | — | — | 448.1K |
| Gross profit | — | — | — | 94.1K |
| Gross margin | — | — | — | 17.4% |
| Research & development | 2.6M | 2.9M | 3.2M | 3.4M |
| Selling, general & administrative | 1.3M | 1.5M | 6.3M | 5.6M |
| Operating expenses | 3.8M | 4.4M | 9.5M | 9M |
| Operating income | -3.9M | -4.5M | -9.6M | -8.9M |
| Operating margin | — | — | — | -1.6K% |
| Non-operating income, net | -858.2K | -2.1M | -15.7M | -1.8M |
| Pretax income | -11.8M | -15.3M | -35.5M | -23.1M |
| Income tax | — | — | — | — |
| Net income | -11.8M | -15.3M | -35.5M | -23.1M |
| Net margin | — | — | — | -4.3K% |
| EBITDA | -3.8M | -4.4M | -9.5M | -9M |
| EPS | -0.6 | -0.78 | -1.82 | -24.6 |
| Diluted EPS | -0.6 | -0.78 | -1.82 | -24.6 |
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 |
|---|---|---|---|---|---|---|
| Revenue | 522.2K | — | 20K | 346.1K | 884K | 631K |
| Cost of revenue | 448.1K | — | 0 | 244.2K | 757.4K | 456.6K |
| Gross profit | 74.1K | — | 20K | 101.8K | 126.6K | 174.4K |
| Gross margin | 14.2% | — | 100% | 29.4% | 14.3% | 27.6% |
| Research & development | 914.6K | — | 795.5K | 1M | 1.3M | 517.6K |
| Selling, general & administrative | 1.4M | — | 1.7M | 14.7M | 2.7M | 4.5M |
| Operating expenses | 2.3M | — | 2.5M | 15.7M | 4M | 5M |
| Operating income | -2.2M | — | -2.5M | -15.6M | -3.9M | -4.9M |
| Operating margin | -425.8% | — | -12.5K% | -4.5K% | -440.1% | -773.2% |
| Non-operating income, net | -499.4K | — | 30.3M | -1.6M | -2.4M | -4.1M |
| Pretax income | -5.7M | — | 24.5M | -17.9M | -6.9M | -9.7M |
| Income tax | — | — | — | 0 | 0 | 0 |
| Net income | -5.7M | — | 24.5M | -17.9M | -6.9M | -9.7M |
| Net margin | -1.1K% | — | 122.6K% | -5.2K% | -785.1% | -1.5K% |
| EBITDA | -2.2M | — | -2.6M | -15.6M | -3.9M | -4.8M |
| EPS | -0.3 | -1.25 | — | -15.4 | -3.2 | -3.2 |
| Diluted EPS | -0.3 | -1.25 | — | -15.4 | -3.2 | -3.2 |
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 | FY21 | FY22 | FY23 | FY24 |
|---|---|---|---|---|
| Cash & short-term investments | 16K | 93K | 333.1K | 22.3K |
| Receivables | — | — | — | 287.4K |
| Inventory | — | 0 | 249.8K | 1.4M |
| Total current assets | 728.6K | 687.3K | 1.3M | 2.1M |
| Property, plant & equipment | 112.1K | 113.4K | 82K | 51.4K |
| Goodwill & intangibles | — | — | — | — |
| Total assets | 840.7K | 800.7K | 1.3M | 2.2M |
| Accounts payable | 2.2M | 2.1M | 3.2M | 4.7M |
| Short-term debt | 27.8M | 28.3M | 43.6M | 50M |
| Total current liabilities | 71.8M | 91.1M | 133.8M | 157.7M |
| Long-term debt | 3.1M | 6.6M | — | — |
| Total liabilities | 97.7M | 122.4M | 160.5M | 186.6M |
| Shareholders' equity | -96.8M | -121.6M | -159.2M | -184.5M |
| Total debt | 30.9M | 34.9M | 43.6M | 50M |
| Net debt | 30.8M | 34.8M | 43.3M | 50M |
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 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 |
|---|---|---|---|---|---|
| Cash & short-term investments | 112.2K | 22.3K | 771.2K | 41.1K | 157.6K |
| Receivables | — | 287.4K | 0 | 0 | 0 |
| Inventory | 399.3K | 1.4M | 1.3M | 1.3M | 1.5M |
| Total current assets | 1M | 2.1M | 5.2M | 4M | 5.1M |
| Property, plant & equipment | 65.8K | 51.4K | 50.1K | 50.2K | 45K |
| Goodwill & intangibles | — | — | — | — | — |
| Total assets | 1.1M | 2.2M | 5.3M | 4.1M | 5.1M |
| Accounts payable | 3.4M | 4.7M | 6M | 4.4M | 3.5M |
| Short-term debt | 46.4M | 50M | 10.2M | 5.6M | 7.7M |
| Total current liabilities | 157.7M | 157.7M | 43.5M | 28.4M | 28.7M |
| Long-term debt | — | — | 17.7M | 17.7M | 17.7M |
| Total liabilities | 185.5M | 186.6M | 61.2M | 46.1M | 46.4M |
| Shareholders' equity | -184.4M | -184.5M | -55.9M | -42M | -41.3M |
| Total debt | 46.4M | 50M | 27.9M | 23.3M | 25.4M |
| Net debt | 46.3M | 50M | 27.1M | 23.2M | 25.2M |
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 | FY21 | FY22 | FY23 | FY24 | Current |
|---|---|---|---|---|---|
| Market cap | — | — | — | — | 378.4K |
| Enterprise value | — | — | — | — | 25.7M |
| Shares outstanding | 19.6M | 19.6M | 19.6M | 936.1K | 936.1K |
| Metric | FY21 | FY22 | FY23 | FY24 | Current |
|---|---|---|---|---|---|
| P/E | — | — | — | — | -0 |
| P/S | — | — | — | — | 0.24 |
| P/B | — | — | — | — | -0.01 |
| EV/EBITDA | — | — | — | — | -1 |
| EV/Sales | — | — | — | — | 13.7 |
| Earnings yield | — | — | — | — | -24.6K% |
| FCF yield | — | — | — | — | -28.9K% |
| PEG | — | — | — | — | -0 |
| Metric | FY21 | FY22 | FY23 | FY24 | Current |
|---|---|---|---|---|---|
| Gross margin | — | — | — | 17.4% | 27.6% |
| Operating margin | — | — | — | -1.6K% | -773.2% |
| Net margin | — | — | — | -4.3K% | 17.4% |
| ROE | 12.1% | 12.6% | 22.3% | 12.5% | 12.5% |
| ROA | -1.4K% | -1.9K% | -2.6K% | -1.1K% | -459.9% |
| Return on tangible assets | -1.4K% | -1.9K% | -2.6K% | -1.1K% | -194.5% |
| Metric | FY21 | FY22 | FY23 | FY24 | Current |
|---|---|---|---|---|---|
| Current ratio | 0.01 | 0.01 | 0.01 | 0.01 | 0.18 |
| Quick ratio | 0.01 | 0.01 | 0.01 | 0 | 0.12 |
| Debt / equity | -0.32 | -0.29 | -0.27 | -0.27 | -0.01 |
| Debt / assets | 36.7 | 43.6 | 32.4 | 23.2 | 4.94 |
| Net debt / EBITDA | -8.09 | -7.91 | -4.55 | -5.52 | -0.94 |
| Interest coverage | -0.67 | -0.76 | -2.47 | -0.87 | -0.91 |
| Metric | FY21 | FY22 | FY23 | FY24 | Current |
|---|---|---|---|---|---|
| Revenue per share | 0 | 0 | 0 | 0.58 | 0.58 |
| EPS (basic) | -0.6 | -0.78 | -1.82 | -24.6 | -24.6 |
| EPS (diluted) | -0.6 | -0.78 | -1.82 | -24.6 | -2.99 |
| Book value per share | -4.95 | -6.21 | -8.13 | -197.1 | -12.7 |
| FCF per share | -0.14 | -0.19 | -0.28 | -7.08 | -1.99 |
| Cash per share | 0 | 0 | 0.02 | 0.02 | 0.04 |
| Capex per share | 0 | 0 | 0 | 0 | 0.01 |
| Metric | FY21 | FY22 | FY23 | FY24 | Current |
|---|---|---|---|---|---|
| Capex / revenue | — | — | — | 0.35% | 0.89% |
| Capex / operating cash flow | -0.23% | -0.36% | -0.02% | -0.01% | 0.09% |
| Payout ratio | — | — | — | — | 0% |
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 | FY21 | FY22 | FY23 | FY24 |
|---|---|---|---|---|
| Net income | -11.8M | -15.3M | -35.5M | -23.1M |
| Depreciation & amortization | 56.2K | 52.5K | 36.6K | 32.6K |
| Stock-based compensation | 0 | 17.4K | 99.4K | 38.5K |
| Change in working capital | 35.3K | 162.4K | 1.9M | 1.1M |
| Operating cash flow | -11.5M | -14.9M | -33.3M | -21.9M |
| Capital expenditure | -26.9K | -53.9K | -5.2K | -1.9K |
| Investing cash flow | -26.9K | -53.9K | -5.2K | -1.9K |
| Dividends paid | — | — | — | — |
| Share repurchases | -3.7K | -5.7K | -10.1K | -4.1K |
| Financing cash flow | 2.7M | 3.8M | 5.7M | 6.3M |
| Net change in cash | -8.8M | -11.1M | -27.6M | -15.6M |
| Free cash flow | -2.7M | -3.7M | -5.4M | -6.6M |
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 | Q1 24 | Q2 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 |
|---|---|---|---|---|---|---|
| Net income | -18.4M | -5.7M | 24.5M | -17.9M | -6.9M | -9.7M |
| Depreciation & amortization | 8.1K | 8.1K | 8.2K | 8.2K | 8.9K | 5.2K |
| Stock-based compensation | 0 | 38.5K | 0 | 470.3K | 47.7K | 311.2K |
| Change in working capital | 145.9K | -114.3K | 796.8K | 2M | 509.4K | 2.4M |
| Operating cash flow | -18.3M | -5.8M | 25.3M | 11.2M | -12.3M | -5.5M |
| Capital expenditure | 0 | — | -813 | -6.9K | -9K | 0 |
| Investing cash flow | 0 | — | -813 | -6.9K | -9K | 0 |
| Dividends paid | — | — | — | — | — | — |
| Share repurchases | -630 | -858 | — | 0 | 0 | — |
| Financing cash flow | 1M | -858 | 1.3M | 4.3M | 487K | 875K |
| Net change in cash | -17.3M | -5.8M | 26.7M | 15.4M | -11.8M | -4.7M |
| Free cash flow | -1.4M | -1.7M | -1.5M | -2.2M | -1.5M | -758.5K |