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 % |
|---|---|---|---|---|---|---|
| Q3 25 | -$0.07 | -$0.03 | +57.1% | — | $0 | — |
| Q2 25 | -$0.08 | -$0.17 | -112.5% | — | — | — |
| Q1 25 | -$0.1 | -$0.07 | +30.0% | — | — | — |
| Q4 24 | -$0.05 | -$0.1 | -100.0% | — | $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 | — | -$0.33 | — | — | $0 | — |
| FY24 | — | -$0.56 | — | — | $0 | — |
| FY23 | — | -$0.44 | — | — | $0 | — |
| FY22 | — | -$0.03 | — | — | $0 | — |
| FY21 | — | -$0 | — | — | $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 | FY25 |
|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | $0 | $0 |
| YoY change | — | 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 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 |
|---|
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 | FY25 |
|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 0 |
| Cost of revenue | — | — | — | — | — |
| Gross profit | — | — | — | — | — |
| Gross margin | — | — | — | — | — |
| Research & development | 126.5K | 833.2K | 1.6M | 2.2M | 2.4M |
| Selling, general & administrative | 11.6K | 20.9K | 600.2K | 9.6M | 8.1M |
| Operating expenses | 138.1K | 854.1K | 3.9M | 12.2M | 10.5M |
| Operating income | -138.1K | -854.1K | -3.9M | -12.2M | -10.5M |
| Operating margin | — | — | — | — | — |
| Non-operating income, net | — | — | -7.5M | — | — |
| Pretax income | -138.1K | -854.1K | -13.1M | -16.5M | -10.4M |
| Income tax | — | — | — | — | — |
| Net income | -138.1K | -854.1K | -13.1M | -16.5M | -10.4M |
| Net margin | — | — | — | — | — |
| EBITDA | -138.1K | -854.1K | -3.9M | -12.2M | -10.4M |
| EPS | -0 | -0.03 | -0.44 | -0.56 | -0.33 |
| Diluted EPS | -0 | -0.03 | -0.44 | -0.56 | -0.33 |
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 | 0 | — | — | — | 0 | — | — | 0 | 0 | 0 | 0 |
| Cost of revenue | — | — | — | — | — | — | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — | — | — | — | — | — | — |
| Gross margin | — | — | — | — | — | — | — | — | — | — | — | — |
| Research & development | 262.6K | 203.8K | — | — | — | 269.1K | — | — | 759.5K | 1.3M | 467.8K | 444.7K |
| Selling, general & administrative | 102.2K | 395.3K | — | — | — | 2.6M | — | — | 387K | 838.5K | 573.5K | 1.3M |
| Operating expenses | 954.2K | 1.1M | — | — | — | 2.9M | — | — | 1.1M | 2.1M | 1M | 1.8M |
| Operating income | -954.2K | -1.1M | — | — | — | -2.9M | — | — | -1.1M | -2.1M | -1M | -1.8M |
| Operating margin | — | — | — | — | — | — | — | — | — | — | — | — |
| Non-operating income, net | — | — | — | — | — | — | — | — | — | — | — | — |
| Pretax income | -1.7M | -9.3M | — | — | — | -2.9M | — | — | -1.1M | -2.1M | -990.9K | -1.7M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — |
| Net income | -1.7M | -9.3M | — | — | — | -2.9M | — | — | -1.1M | -2.1M | -990.9K | -1.7M |
| Net margin | — | — | — | — | — | — | — | — | — | — | — | — |
| EBITDA | -954.2K | -8.6M | — | — | — | -2.9M | — | — | -1.1M | -2.1M | -989.7K | -1.7M |
| EPS | -0.06 | — | -0.23 | -0.05 | -0.2 | — | -0.07 | -0.17 | -0.03 | — | -0.03 | -0.79 |
| Diluted EPS | -0.06 | — | -0.23 | -0.05 | -0.2 | — | -0.07 | -0.17 | -0.03 | — | -0.03 | -0.79 |
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 | FY25 | Current |
|---|---|---|---|---|---|---|
| Market cap | — | — | — | 121.7M | 42.1M | 82.5M |
| Enterprise value | — | — | — | 120.4M | 34.8M | 79.6M |
| Shares outstanding | 29.6M | 29.6M | 29.6M | 29.5M | 31.7M | 31.7M |
| Metric | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | -3.64 |
| P/B | — | — | — | 189.3 | 7.12 | 8.54 |
| EV/EBITDA | — | — | — | -9.88 | -3.34 | -7.64 |
| Earnings yield | — | — | — | — | — | -27.5% |
| FCF yield | — | — | — | -4.17% | -8.76% | -3.72% |
| PEG | — | — | — | — | — | -0.01 |
| Metric | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | — | 0% |
| Net margin | — | — | — | — | — | 0% |
| ROE | 100% | 91.1% | -380.2% | -2.6K% | -176.1% | -213.1% |
| ROA | — | -1.8K% | -273.8% | -1.2K% | -141.8% | -122.8% |
| Return on tangible assets | — | -1.8K% | -273.8% | -1.2K% | -141.8% | -109.5% |
| Metric | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|
| Current ratio | 0 | 0.05 | 0.33 | 1.94 | 5.14 | 16.1 |
| Quick ratio | 0 | 0.05 | 0.33 | 1.94 | 5.14 | 16.1 |
| Debt / equity | — | — | 0.03 | — | — | 0.03 |
| Debt / assets | — | — | 0.02 | — | — | — |
| Net debt / EBITDA | — | — | -0.03 | — | — | — |
| Interest coverage | — | — | -6.96 | -2.81 | — | -1K |
| Metric | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|
| Revenue per share | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (basic) | -0 | -0.03 | -0.44 | -0.56 | -0.33 | -0.33 |
| EPS (diluted) | -0 | -0.03 | -0.44 | -0.56 | -0.33 | -1.11 |
| Book value per share | -0 | -0.03 | 0.12 | 0.02 | 0.19 | 0.14 |
| FCF per share | -0 | -0.02 | -0.13 | -0.17 | -0.12 | -0.08 |
| Cash per share | 0 | 0 | 0 | 0.04 | 0.23 | 0.07 |
| Metric | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|
| Payout ratio | — | — | — | — | — | 0% |
| Q1 26 |
|---|
| Q2 26 |
|---|
| Revenue | $0 | $0 | — | — | — | $0 | — | — | $0 | $0 | $0 | $0 |
| YoY change | 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 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Cash & short-term investments | 0 | 1.4K | 1.2K | 1.3M | 7.3M |
| Receivables | — | — | — | — | — |
| Inventory | — | — | — | — | — |
| Total current assets | 0 | 48.7K | 435.2K | 1.3M | 7.3M |
| Property, plant & equipment | — | — | — | — | — |
| Goodwill & intangibles | — | — | — | — | — |
| Total assets | 0 | 48.7K | 4.8M | 1.3M | 7.3M |
| Accounts payable | 18.7K | 404.2K | 707.2K | 587.5K | 536.8K |
| Short-term debt | — | — | 101K | — | — |
| Total current liabilities | 138.1K | 986K | 1.3M | 681K | 1.4M |
| Long-term debt | — | — | — | — | — |
| Total liabilities | 138.1K | 986K | 1.3M | 681K | 1.4M |
| Shareholders' equity | -138.1K | -937.3K | 3.4M | 643K | 5.9M |
| Total debt | — | — | 101K | — | — |
| Net debt | — | — | 99.8K | — | — |
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 | 2.5K | 1.2K | 3.3M | 1.9M | 834.6K | 1.3M | 403K | 754.3K | 7.3M | 7.3M | 5.6M | 5.2M |
| Receivables | — | — | — | — | — | — | — | — | — | — | — | — |
| Inventory | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 236.3K | 435.2K | 3.5M | 2.1M | 1M | 1.3M | 491.2K | 829.6K | 7.4M | 7.3M | 5.8M | 5.4M |
| Property, plant & equipment | — | — | — | — | — | — | — | — | — | — | — | — |
| Goodwill & intangibles | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | 5.3M | 4.8M | 3.5M | 2.1M | 1M | 1.3M | 491.2K | 829.6K | 7.4M | 7.3M | 5.8M | 5.4M |
| Accounts payable | 496K | 707.2K | 478.6K | 393.8K | 506.5K | 587.5K | 558.9K | 255K | 329.4K | 536.8K | 279.6K | 195.5K |
| Short-term debt | 1.3M | 101K | — | — | — | — | — | — | — | — | — | — |
| Total current liabilities | 3.1M | 1.3M | 486.6K | 534.2K | 599.9K | 681K | 652.3K | 348.4K | 422.8K | 1.4M | 827.3K | 332.4K |
| Long-term debt | — | — | — | — | — | — | — | — | — | — | — | — |
| Total liabilities | 3.1M | 1.3M | 486.6K | 534.2K | 599.9K | 681K | 652.3K | 348.4K | 422.8K | 1.4M | 827.3K | 332.4K |
| Shareholders' equity | 2.2M | 3.4M | 3M | 1.6M | 442.1K | 643K | -161.1K | 481.2K | 7M | 5.9M | 5M | 5M |
| Total debt | 1.3M | 101K | — | — | — | — | — | — | — | — | — | — |
| Net debt | 1.3M | 99.8K | — | — | — | — | — | — | — | — | — | — |
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 | FY25 |
|---|---|---|---|---|---|
| Net income | -138.1K | -854.1K | -13.1M | -16.5M | -10.4M |
| Depreciation & amortization | — | — | — | — | — |
| Stock-based compensation | — | — | 0 | 6.9M | 6.1M |
| Change in working capital | — | — | — | — | 224.8K |
| Operating cash flow | -138.1K | -854.1K | -11.5M | -5.2M | -3.7M |
| Capital expenditure | — | — | — | — | — |
| Investing cash flow | — | — | — | — | — |
| Dividends paid | — | — | — | — | — |
| Share repurchases | — | — | — | — | — |
| Financing cash flow | 119.4K | 470.1K | 3.9M | 6.2M | 9.7M |
| Net change in cash | -18.7K | -384.1K | -7.6M | 1M | 6M |
| Free cash flow | -119.4K | -468.7K | -3.9M | -5.1M | -3.7M |
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 | -1.7M | -9.3M | -6.3M | -1.4M | -5.9M | -2.9M | -2.2M | -5.1M | -1.1M | -2.1M | -990.9K | -1.7M |
| Depreciation & amortization | — | — | — | — | — | — | — | — | — | — | — | — |
| Stock-based compensation | — | — | — | — | 4.8M | 2.1M | 1.4M | 4.7M | -741.9K | 832.1K | 39.8K | 786.5K |
| Change in working capital | — | — | — | — | — | — | — | — | — | — | 26.6K | — |
| Operating cash flow | -954.2K | -8.6M | -1.9M | -1.4M | -1.1M | -706.3K | -804.1K | -696.4K | -927.3K | -1.2M | -1.8M | -1M |
| Capital expenditure | — | — | — | — | — | — | — | — | — | — | — | — |
| Investing cash flow | — | — | — | — | — | — | — | — | — | — | — | — |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | 1.9M | 1.1M | 5.1M | 132.4K | -46.9K | 1M | 0 | 1M | 7.5M | 1.2M | 25.4K | 231.6K |
| Net change in cash | 906.9K | -7.5M | 3.2M | -1.3M | -1.2M | 293.7K | -804.1K | 351.3K | 6.6M | -42.6K | -1.7M | -780.7K |
| Free cash flow | -2M | -1.1M | -1.9M | -1.5M | -1M | -605.8K | -863.1K | -696.4K | -927.3K | -1.2M | -1.8M | -1M |