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 % |
|---|---|---|---|---|---|---|
| Q1 24 | -$4.5 | -$17.1 | -279.8% | — | $1K | — |
| Q3 23 | -$5.25 | -$4.41 | +16.0% | — | $0 | — |
| Q2 23 | -$0.04 | -$0.04 | 0.0% | — | $4K | — |
| Q1 23 | -$6.6 | -$6 | +9.1% | — | $0 | — |
| Q4 22 | -$10 | -$6 | +40.0% | — | $11K | — |
| Q3 22 | -$10.8 | -$6 | +44.2% | — | $2.9M | — |
| Q2 22 | -$10.3 | -$7.5 | +26.8% | — | $0 | — |
| Q1 22 | -$9.9 | -$7.5 | +24.2% | — | $0 | — |
| Q4 21 | -$12.6 | -$7.72 | +38.9% | — | $0 | — |
| Q3 21 | -$0.13 | -$0.11 | +15.4% | — | $398K | — |
| Q2 21 | -$0.12 | -$0.11 | +8.3% | — | $0 | — |
| Q1 21 | -$0.1 | -$0.1 | 0.0% | — | $0 | — |
| Q4 20 | -$0.1 | -$0.11 | -10.0% | — | $0 | — |
| Q3 20 | -$0.09 | -$0.1 | -11.1% | — | $0 | — |
| Q2 20 | -$0.09 | -$0.09 | 0.0% | — | $0 | — |
| Q1 20 | -$0.08 | -$0.09 | -12.5% | — | $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 | — | -$2.2 | — | — | $5K | — |
| FY24 | — | -$2.92 | — | — | $10K | — |
| FY23 | — | -$330 | — | — | $5K | — |
| FY22 | — | -$25.5 | — | — | $2.9M | — |
| FY21 |
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 | $6.9M | $6.4M | $146K | $0 | $0 | $398K | $2.9M | $5K | $10K | $5K |
| YoY change | +58.4% | -6.88% | -97.7% | -100% | 0% | +InfinityT% | +634.2% | -99.8% | +100% | -50% |
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 | 6.9M | 6.4M | 146K | 0 | 0 | 398K | 2.9M | 5K | 10K | 5K |
| Cost of revenue | — | — | — | — | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — | — | — | — | — |
| Gross margin | — | — | — | — | — | — | — | — | — | — |
| Research & development | 157.8M | 45.1M | 34.1M | 38.3M | 52.7M | 49.6M | 25M | 16.3M | 362K | 1.4M |
| Selling, general & administrative | 14.4M | 14.8M | 19.9M | 19.5M | 27.7M | 27.6M | 13.1M | 12.2M | 4.5M | 2.9M |
| Operating expenses | 172.2M | 59.9M | 54.1M | 57.9M | 80.4M | 77.2M | 38.2M | 28.5M | 4.8M | 4.2M |
| Operating income | -165.3M | -53.5M | -53.9M | -57.9M | -80.4M | -76.8M | -35.2M | -28.5M | -4.8M | -4.2M |
| Operating margin | -2.4K% | -837.3% | -36.9K% | — | — | -19.3K% | -1.2K% | -569.9K% | -48.1K% | -84.5K% |
| Non-operating income, net | 10K | -830K | 789K | -59.9M | 385K | -753K | 662K | -4.7M | 133K | 49K |
| Pretax income | -165.3M | -54.3M | -53.1M | -117.8M | -80M | -78.8M | -37.7M | -35.1M | -4.7M | -4.2M |
| Income tax | — | — | — | — | — | — | — | — | — | — |
| Net income | -165.3M | -54.3M | -53.1M | -117.8M | -80M | -78.8M | -37.7M | -35.1M | -4.7M | -4.2M |
| Net margin | -2.4K% | -850.3% | -36.4K% | — | — | -19.8K% | -1.3K% | -702.8K% | -46.8K% | -83.5K% |
| EBITDA | -164.9M | -51.8M | -53.5M | 3.5M | -78.8M | -74.2M | -31.9M | -25.1M | -4.7M | -4.2M |
| EPS | -198 | -79.5 | 144 | -105 | -57 | -55.5 | -25.5 | -330 | -2.92 | -2.2 |
| Diluted EPS | -198 | -79.5 | 144 | -105 | -57 | -55.5 | -25.5 | -330 | -2.92 | -2.2 |
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 | 0 | 1K | 1K | 4K | 0 | 4K | 2K | 0 | 0 | 3K | 0 | 0 |
| Cost of revenue | — | — | — | — | — | — | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — | — | — | — | — | — | — |
| Gross margin | — | — | — | — | — | — | — | — | — | — | — | — |
| Research & development | 3.7M | 933K | 126K | 180K | 143K | -86K | 347K | 185K | 469K | 361K | 427K | 388K |
| Selling, general & administrative | 3.6M | 2.4M | 1.6M | 990K | 1M | 845K | 747K | 854K | 718K | 549K | 585K | 564K |
| Operating expenses | 7.2M | 3.4M | 1.7M | 1.2M | 1.1M | 759K | 1.1M | 1M | 1.2M | 910K | 1M | 952K |
| Operating income | -7.2M | -3.4M | -1.7M | -1.2M | -1.1M | -755K | -1.1M | -1M | -1.2M | -907K | -1M | -952K |
| Operating margin | — | -336K% | -174.2K% | -29.1K% | — | -18.9K% | -54.6K% | — | — | -30.2K% | — | — |
| Non-operating income, net | -1.2M | -4.5M | 60K | 37K | 23K | 13K | 19K | -12K | 28K | 14K | 6K | — |
| Pretax income | -8.5M | -7.8M | -1.7M | -1.1M | -1.1M | -742K | -1.1M | -1.1M | -1.2M | -893K | -1M | -952K |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — |
| Net income | -8.5M | -7.8M | -1.7M | -1.1M | -1.1M | -742K | -1.1M | -1.1M | -1.2M | -893K | -1M | -952K |
| Net margin | — | -784.3K% | -168.2K% | -28.2K% | — | -18.6K% | -53.6K% | — | — | -29.8K% | — | — |
| EBITDA | -6.4M | -3M | -1.7M | -1.1M | -1.1M | -742K | -1.1M | -1M | -1.2M | -900K | -1M | -943K |
| EPS | -5.3 | — | -1.1 | -0.71 | -0.7 | — | -0.67 | -0.63 | -0.55 | — | -0.59 | -0.41 |
| Diluted EPS | -5.3 | — | -1.1 | -0.71 | -0.7 | — | -0.67 | -0.63 | -0.55 | — | -0.59 | -0.41 |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market cap | — | — | — | — | — | — | — | — | — | — | 2.6M |
| Enterprise value | — | — | — | — | — | — | — | — | — | — | 2.6M |
| Shares outstanding | 869.3K | 912.9K | 956.7K | 1.1M | 1.4M | 1.4M | 1.4M | 106.6K | 1.6M | 1.9M | 1.9M |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | — | — | — | — | -0.5 |
| P/S | — | — | — | — | — | — | — | — | — | — | 923 |
| P/B | — | — | — | — | — | — | — | — | — | — | 2.01 |
| EV/EBITDA | — | — | — | — | — | — | — | — | — | — | -0.66 |
| EV/Sales | — | — | — | — | — | — | — | — | — | — | 881.7 |
| Earnings yield | — | — | — | — | — | — | — | — | — | — | -202% |
| FCF yield | — | — | — | — | — | — | — | — | — | — | -60.6% |
| PEG | — | — | — | — | — | — | — | — | — | — | 0.01 |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating margin | -2.4K% | -837.3% | -36.9K% | — | — | -19.3K% | -1.2K% | -569.9K% | -48.1K% | -84.5K% | -135.2K% |
| Net margin | -2.4K% | -850.3% | -36.4K% | — | — | -19.8K% | -1.3K% | -702.8K% | -46.8K% | -83.5K% | 0% |
| ROE | -344.2% | -115.1% | -62.1% | -124% | -64.5% | -135.6% | -97.9% | -557.2% | -226.8% | -194% | -185.9% |
| ROA | -155.4% | -51.4% | -55.9% | -108% | -54.6% | -83% | -58.1% | -425.3% | -169.8% | -140.8% | -81.1% |
| Return on tangible assets | -155.4% | -51.4% | -55.9% | -108% | -54.6% | -83% | -58.1% | -425.3% | -169.8% | -140.8% | -264.5% |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current ratio | 6.63 | 4.35 | 8.89 | 8.42 | 7.11 | 4.91 | 2.23 | 4.22 | 3.98 | 2.45 | 0.77 |
| Quick ratio | 6.63 | 4.35 | 8.89 | 8.42 | 7.11 | 4.91 | 2.23 | 4.22 | 3.98 | 2.45 | 0.77 |
| Debt / equity | — | — | 0 | 0.02 | 0.04 | 0.51 | 0.51 | 0 | — | — | 0 |
| Debt / assets | — | — | 0 | 0.02 | 0.03 | 0.31 | 0.3 | 0 | — | — | — |
| Net debt / EBITDA | — | — | 1.15 | -22 | 1.4 | 0.63 | 0.61 | 0.24 | — | — | 0.03 |
| Interest coverage | — | — | — | — | — | -65.2 | -11 | -17.3 | — | — | — |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue per share | 7.89 | 7 | 0.15 | 0 | 0 | 0.28 | 2.02 | 0.05 | 0.01 | 0 | 0 |
| EPS (basic) | -198 | -79.5 | 144 | -105 | -57 | -55.5 | -25.5 | -330 | -2.92 | -2.2 | -2.2 |
| EPS (diluted) | -198 | -79.5 | 144 | -105 | -57 | -55.5 | -25.5 | -330 | -2.92 | -2.2 | -1.75 |
| Book value per share | 55.2 | 51.7 | 89.4 | 84.9 | 88.7 | 40.6 | 26.6 | 59.1 | 1.29 | 1.11 | 0.54 |
| FCF per share | -67.7 | -60.7 | -52.2 | -36.7 | -47.8 | -45.3 | -20.3 | -284.5 | -3.1 | -1.52 | -1.16 |
| Cash per share | 93.2 | 77.7 | 64.5 | 71.2 | 82.3 | 53.2 | 27 | 56.8 | 0.68 | 0.71 | 0.05 |
| Capex per share | 0.63 | 0.81 | 0.48 | 0.25 | 7 | 2.32 | 0.13 | 12.6 | 0 | — | — |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Capex / revenue | 8.03% | 11.5% | 314.4% | — | — | 834.9% | 6.61% | 26.9K% | 0% | — | — |
| Capex / operating cash flow | -1.19% | -1.24% | -0.98% | -0.28% | -12.7% | -5.46% | -0.66% | -4.55% | 0% | — | — |
| Payout ratio | — | — | — | — | — | — | — | — | — | — | 0% |
| — |
| -$55.5 |
| — |
| — |
| $398K |
| — |
| FY20 | — | -$57 | — | — | $0 | — |
| FY19 | — | -$105 | — | — | $0 | — |
| FY18 | — | $144 | — | — | $146K | — |
| FY17 | — | -$79.5 | — | — | $6.4M | — |
| FY16 | — | -$198 | — | — | $6.9M | — |
| 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 | $0 | $1K | $1K | $4K | $0 | $4K | $2K | $0 | $0 | $3K | $0 | $0 |
| YoY change | -100% | -90.9% | +InfinityT% | 0% | 0% | +300% | +100% | -100% | 0% | -25% | -100% | 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 | 81.1M | 70.9M | 61.7M | 79.7M | 115.1M | 76.1M | 39.1M | 6.1M | 1.1M | 1.4M |
| Receivables | 21K | 19K | 1.9M | 3.3M | 4.7M | 1.1M | 4K | 1K | 5K | 3K |
| Inventory | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 104.9M | 90.8M | 84.3M | 105.5M | 130.6M | 78.8M | 53.8M | 8.3M | 2.8M | 2M |
| Property, plant & equipment | 1.7M | 2.4M | 2.3M | 3M | 15.6M | 16.1M | 13.7M | 2K | 0 | 91K |
| Goodwill & intangibles | — | — | — | — | — | — | — | — | — | — |
| Total assets | 106.3M | 105.6M | 95.1M | 109.1M | 146.3M | 94.9M | 64.9M | 8.3M | 2.8M | 3M |
| Accounts payable | 156K | 4.4M | 707K | 906K | 960K | 1.4M | 1.4M | 616K | 516K | 613K |
| Short-term debt | — | — | — | 774K | 819K | 8.6M | 17.3M | — | — | — |
| Total current liabilities | 15.8M | 20.9M | 9.5M | 12.5M | 18.4M | 16M | 24.2M | 2M | 692K | 813K |
| Long-term debt | — | — | 0 | 1.6M | 4M | 20.8M | 2.2M | 0 | — | — |
| Total liabilities | 58.3M | 58.4M | 9.5M | 14.1M | 22.4M | 36.8M | 26.4M | 2M | 692K | 813K |
| Shareholders' equity | 48M | 47.2M | 85.6M | 95M | 124M | 58.1M | 38.6M | 6.3M | 2.1M | 2.2M |
| Total debt | — | — | 0 | 2.4M | 4.8M | 29.4M | 19.5M | 0 | — | — |
| Net debt | — | — | -61.7M | -77.4M | -110.3M | -46.7M | -19.5M | -6.1M | — | — |
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 | 11.9M | 6.1M | 4.1M | 2.5M | 1.7M | 1.1M | 319K | 2.9M | 1.9M | 1.4M | 354K | 124K |
| Receivables | 0 | 1K | 1K | 4K | 0 | 5K | 2K | 2K | 0 | 3K | 0 | 0 |
| Inventory | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 12.9M | 8.3M | 6M | 4.7M | 3.5M | 2.8M | 1.1M | 3.7M | 2.7M | 2M | 970K | 666K |
| Property, plant & equipment | 5.5M | 2K | — | — | — | 0 | — | — | — | 91K | — | — |
| Goodwill & intangibles | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | 19.4M | 8.3M | 6M | 4.7M | 3.5M | 2.8M | 2.1M | 4.7M | 3.7M | 3M | 1.9M | 1.5M |
| Accounts payable | 1.3M | 616K | 597K | 365K | 458K | 516K | 831K | 809K | 843K | 613K | 400K | 732K |
| Short-term debt | 307K | — | — | — | — | — | — | — | — | — | — | — |
| Total current liabilities | 4.7M | 2M | 1.2M | 907K | 826K | 692K | 1.1M | 1.1M | 921K | 813K | 595K | 864K |
| Long-term debt | 864K | 0 | — | — | — | — | — | — | — | — | — | — |
| Total liabilities | 5.5M | 2M | 1.2M | 907K | 826K | 692K | 1.1M | 1.1M | 921K | 813K | 595K | 864K |
| Shareholders' equity | 13.9M | 6.3M | 4.8M | 3.8M | 2.7M | 2.1M | 1.1M | 3.7M | 2.8M | 2.2M | 1.3M | 652K |
| Total debt | 1.2M | 0 | — | — | — | — | — | — | — | — | — | — |
| Net debt | -10.8M | -6.1M | — | — | — | — | — | — | — | — | — | — |
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 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net income | -165.3M | -54.3M | -53.1M | -117.8M | -80M | -78.8M | -37.7M | -35.1M | -4.7M | -4.2M |
| Depreciation & amortization | 290K | 369K | 575K | 629K | 1.1M | 2.6M | 2.8M | 2.3M | 2K | 7K |
| Stock-based compensation | 8.5M | 8.5M | 7.5M | 7.3M | 6.8M | 10.8M | 3.5M | 2.8M | 435K | 414K |
| Change in working capital | -8.7M | -15.3M | -1.9M | 8.2M | -4.8M | 4.5M | 671K | -908K | -104K | 99K |
| Operating cash flow | -46.2M | -59.5M | -46.9M | -101.6M | -76.9M | -60.9M | -29.4M | -29.6M | -4.3M | -2.9M |
| Capital expenditure | -551K | -737K | -459K | -284K | -9.8M | -3.3M | -193K | 1.3M | 0 | — |
| Investing cash flow | -551K | -737K | -459K | -284K | -9.8M | -3.3M | -193K | 1.3M | 0 | — |
| Dividends paid | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | -1.5M | -2.1M | -1.6M | -653K | 0 | 0 | -45K | 0 | — | — |
| Financing cash flow | -1.5M | 45.2M | 40.1M | 5.4M | 101.7M | 24.7M | 6.3M | -18.1M | 0 | 3.3M |
| Net change in cash | -48.3M | -15M | -7.3M | -96.5M | 15M | -39.5M | -23.3M | -46.4M | -4.3M | 392K |
| Free cash flow | -58.9M | -55.4M | -49.9M | -41.1M | -66.8M | -64.8M | -29.4M | -30.3M | -5M | -3M |
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 | — | — | — | — | — | -742K | -1.1M | -1.1M | -1.2M | -893K | -1M | -952K |
| Depreciation & amortization | — | — | — | — | — | -1K | 0 | 0 | 0 | 7K | 8K | 9K |
| Stock-based compensation | — | — | — | — | — | 81K | 68K | 184K | 127K | 35K | 56K | 332K |
| Change in working capital | — | — | — | — | — | 54K | 318K | -22K | 36K | -233K | -209K | 330K |
| Operating cash flow | — | — | — | — | — | -608K | -687K | -701K | -844K | -552K | -1M | -300K |
| Capital expenditure | 1K | 1.5M | 0 | 0 | 0 | 0 | — | — | — | — | — | — |
| Investing cash flow | 1K | 1.5M | 0 | 0 | 0 | 0 | — | — | — | — | — | — |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | — | — | — | — | — | 0 | — | — | 0 | 0 | — | — |
| Net change in cash | 1K | 1.5M | 0 | 0 | 0 | -608K | -687K | -701K | -844K | -552K | -1M | -300K |
| Free cash flow | — | — | — | — | — | -592K | -772K | -701K | -941K | -553K | -1M | -300K |