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 23 | -$1.25 | -$0.71 | +43.2% | — | $0 | — |
| Q3 23 | -$0.06 | -$0.11 | -83.3% | — | $0 | — |
| Q1 23 | -$0.11 | -$0.23 | -109.1% | — | $0 | — |
| Q4 22 | — | -$0.15 | — | — | $0 | — |
| Q3 22 | — | -$0.18 | — | — | $0 | — |
| Q2 22 | — | -$0.14 | — | — | $0 | — |
| Q1 22 | -$0.15 | -$0.28 | -86.7% | — | $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 | — | -$1.12 | — | — | $0 | — |
| FY24 | — | -$9.41 | — | — | $0 | — |
| FY23 | — | -$107.1 | — | — | $0 | — |
| FY22 | — | -$280.8 | — | — | $0 | — |
| FY21 | — | -$80.4 | — |
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 | FY25 |
|---|---|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| YoY change | — | 0% | 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 | Q1 23 | Q2 23 | Q3 23 | Q4 23 |
|---|
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 | FY25 |
|---|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost of revenue | — | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — | — |
| Gross margin | — | — | — | — | — | — | — |
| Research & development | 368.7K | 847.3K | 1.8M | 2.3M | 3.6M | 6.4M | 3.1M |
| Selling, general & administrative | 625.8K | 671.9K | 1.4M | 4.6M | 5.9M | 6M | 17M |
| Operating expenses | 994.5K | 1.5M | 3.2M | 6.9M | 9.5M | 12.4M | 20.1M |
| Operating income | -994.5K | -1.5M | -3.2M | -6.9M | -9.5M | -12.4M | -20.1M |
| Operating margin | — | — | — | — | — | — | — |
| Non-operating income, net | -455.9K | -651.7K | 1.8M | — | — | — | -22M |
| Pretax income | -1.5M | -2.4M | -2.2M | -8.5M | -9.3M | -12.2M | -42.1M |
| Income tax | — | — | — | — | — | — | -6.2M |
| Net income | -1.5M | -2.4M | -2.2M | -8.5M | -9.3M | -12.2M | -35.9M |
| Net margin | — | — | — | — | — | — | — |
| EBITDA | -1M | -1.9M | -1.4M | -6.9M | -9.3M | -12.2M | -42.1M |
| EPS | -50.9 | -80.7 | -80.4 | -280.8 | -107.1 | -9.41 | -1.12 |
| Diluted EPS | -50.9 | -80.7 | -80.4 | -280.8 | -107.1 | -9.41 | -1.12 |
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | Q1 23 | Q2 23 | Q3 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost of revenue | — | — | — | — | — | — | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — | — | — | — | — | — | — |
| Gross margin | — | — | — | — | — | — | — | — | — | — | — | — |
| Research & development | 1M | 1M | 488.2K | 992.7K | 1M | 999.6K | 2.3M | 2.1M | 594.1K | 546.2K | 277.8K | 1.7M |
| Selling, general & administrative | 1.7M | 1.3M | 1.4M | 1.5M | 1.3M | 1.4M | 1.6M | 1.8M | 2M | 1.3M | 1.8M | 12M |
| Operating expenses | 2.7M | 2.4M | 1.8M | 2.5M | 2.3M | 2.4M | 3.9M | 3.8M | 2.5M | 1.9M | 2.1M | 13.6M |
| Operating income | -2.7M | -2.4M | -1.8M | -2.5M | -2.3M | -2.4M | -3.9M | -3.8M | -2.5M | -1.9M | -2.1M | -13.6M |
| Operating margin | — | — | — | — | — | — | — | — | — | — | — | — |
| Non-operating income, net | — | — | — | — | — | — | — | — | — | — | — | — |
| Pretax income | -2.7M | -2.3M | -1.8M | -2.5M | -2.3M | -2.3M | -3.8M | -3.8M | -2.5M | -1.9M | -2.1M | -35.6M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — |
| Net income | -2.7M | -2.3M | -1.8M | -2.5M | -2.3M | -2.3M | -3.8M | -3.8M | -2.5M | -1.9M | -2.1M | -29.4M |
| Net margin | — | — | — | — | — | — | — | — | — | — | — | — |
| EBITDA | -2.7M | -2.3M | -1.8M | -2.5M | -2.3M | -2.3M | -3.8M | -3.8M | -2.5M | -1.8M | -2.1M | -35.6M |
| EPS | -87.6 | -52.1 | -39.4 | — | -2.85 | -2.42 | -2.45 | — | -0.99 | -0.64 | -0.34 | — |
| Diluted EPS | -87.6 | -52.1 | -39.4 | — | -2.85 | -2.42 | -2.45 | — | -0.99 | -0.64 | -0.34 | — |
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 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Market cap | — | — | — | 4.4M | — | — | — | 101.6M |
| Enterprise value | — | — | — | -2.1M | — | — | — | 166.1M |
| Shares outstanding | 30K | 30K | 27.5K | 30.2K | 87K | 1.3M | 32M | 32M |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | — | 0.02 |
| P/B | — | — | — | 0.8 | — | — | — | 5.55 |
| EV/EBITDA | — | — | — | 0.3 | — | — | — | -3.95 |
| Earnings yield | — | — | — | — | — | — | — | 4.8K% |
| FCF yield | — | — | — | -148.6% | — | — | — | -5.36% |
| PEG | — | — | — | — | — | — | — | -39.5 |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | — | — | — | 0% |
| Net margin | — | — | — | — | — | — | — | 0% |
| ROE | 94% | 65% | 47.1% | -152.8% | -102.1% | -932.8% | -9.03% | -225% |
| ROA | -3.7K% | -820% | -355% | -126.7% | -85.1% | -327.7% | -6.92% | -99.8% |
| ROIC | — | — | — | — | — | — | -5.28% | -5.28% |
| Return on tangible assets | -3.7K% | -820% | -355% | -126.7% | -85.1% | -327.7% | 7.41% | 7.41% |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Current ratio | 0.04 | 0.11 | 0.14 | 5.84 | 6.03 | 1.54 | 5.29 | 4.99 |
| Quick ratio | 0.04 | 0.11 | 0.14 | 5.84 | 6.03 | 1.54 | 5.29 | 5.29 |
| Debt / equity | -0.59 | -0.5 | -0.46 | — | — | — | — | 0.03 |
| Debt / assets | 23.6 | 6.28 | 3.48 | — | — | — | — | — |
| Net debt / EBITDA | -0.91 | -0.88 | -1.57 | — | — | — | — | — |
| Interest coverage | -19.3 | -8.81 | -1.65 | -4.32 | -563.6 | -890.4 | -1.5K | -1.5K |
| Effective tax rate | — | — | — | — | — | — | 0% | 0% |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Revenue per share | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (basic) | -50.9 | -80.7 | -80.4 | -280.8 | -107.1 | -9.41 | -1.12 | -1.12 |
| EPS (diluted) | -50.9 | -80.7 | -80.4 | -280.8 | -107.1 | -9.41 | -1.12 | -3.68 |
| Book value per share | -54.2 | -124.1 | -170.6 | 183.7 | 104.9 | 1.01 | 12.4 | 0.85 |
| FCF per share | -23.6 | -36 | -39.6 | -217.3 | -83.9 | -8.41 | -2.92 | -0.15 |
| Cash per share | 1.28 | 6.41 | 0.16 | 215.7 | 125.7 | 2.75 | 0.53 | 0.22 |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Payout ratio | — | — | — | — | — | — | — | 0% |
| — |
| $0 |
| — |
| FY20 | — | -$80.7 | — | — | $0 | — |
| FY19 | — | -$50.9 | — | — | $0 | — |
| Q1 24 |
|---|
| Q2 24 |
|---|
| Q3 24 |
|---|
| Q4 24 |
|---|
| Q1 25 |
|---|
| Q2 25 |
|---|
| Q3 25 |
|---|
| Q4 25 |
|---|
| Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| YoY change | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 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 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 38.3K | 191.9K | 4.4K | 6.5M | 10.9M | 3.6M | 17M |
| Receivables | — | — | — | — | — | — | — |
| Inventory | — | — | — | — | — | — | — |
| Total current assets | 40.9K | 294.8K | 621.7K | 6.7M | 10.9M | 3.7M | 17.4M |
| Property, plant & equipment | — | — | — | — | — | — | — |
| Goodwill & intangibles | — | — | — | — | — | — | 1B |
| Total assets | 40.9K | 294.8K | 621.7K | 6.7M | 10.9M | 3.7M | 519.1M |
| Accounts payable | 241.4K | 514.8K | 1.5M | 954.5K | 908.6K | 1.1M | 1.1M |
| Short-term debt | 430.6K | 563.4K | 1.4M | — | — | — | — |
| Total current liabilities | 1.1M | 2.7M | 4.5M | 1.1M | 1.8M | 2.4M | 3.3M |
| Long-term debt | 532.8K | 1.3M | 772.9K | — | — | — | — |
| Total liabilities | 1.7M | 4M | 5.3M | 1.1M | 1.8M | 2.4M | 121.2M |
| Shareholders' equity | -1.6M | -3.7M | -4.7M | 5.5M | 9.1M | 1.3M | 397.9M |
| Total debt | 963.4K | 1.9M | 2.2M | — | — | — | — |
| Net debt | 925.1K | 1.7M | 2.2M | — | — | — | — |
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 | Q1 23 | Q2 23 | Q3 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 3.6M | 3.9M | — | — | — | — | — | — | 1.1M | 2.2M | 7.6M | 17M |
| Receivables | — | — | — | — | — | — | — | — | — | — | — | — |
| Inventory | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 4.7M | 4.6M | — | — | — | — | — | — | 1.7M | 2.5M | 7.7M | 17.4M |
| Property, plant & equipment | — | — | — | — | — | — | — | — | — | — | — | — |
| Goodwill & intangibles | — | — | — | — | — | — | — | — | — | — | — | 1B |
| Total assets | 4.7M | 4.6M | — | — | — | — | — | — | 1.7M | 2.5M | 7.7M | 519.1M |
| Accounts payable | 719K | 1.1M | — | — | — | — | — | — | 838.2K | 770.6K | 659.3K | 1.1M |
| Short-term debt | 559.9K | — | — | — | — | — | — | — | 271.5K | 249.7K | 161.1K | — |
| Total current liabilities | 1.5M | 1.5M | — | — | — | — | — | — | 2.5M | 2.2M | 1.5M | 3.3M |
| Long-term debt | — | — | — | — | — | — | — | — | — | — | — | — |
| Total liabilities | 1.5M | 1.5M | — | — | — | — | — | — | 2.5M | 2.2M | 1.5M | 121.2M |
| Shareholders' equity | 3.2M | 3.1M | — | — | — | — | — | — | -814.7K | 367.4K | 6.2M | 397.9M |
| Total debt | 559.9K | — | — | — | — | — | — | — | 271.5K | 249.7K | 161.1K | — |
| Net debt | -3M | — | — | — | — | — | — | — | -804.5K | -2M | -7.4M | — |
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 | FY25 |
|---|---|---|---|---|---|---|---|
| Net income | -1.5M | -2.4M | -2.2M | -8.5M | -9.3M | -12.2M | -35.9M |
| Depreciation & amortization | — | — | — | — | — | — | — |
| Stock-based compensation | 92K | 234.6K | 1.2M | 800.7K | 831.9K | 710.3K | 2.9M |
| Change in working capital | -30.4K | 306.6K | 580.8K | -141.2K | -45.9K | 181.1K | 222.5K |
| Operating cash flow | -979.2K | -1.1M | -1.6M | -6.1M | -8.2M | -11.3M | -38.9M |
| Capital expenditure | — | — | — | — | — | — | — |
| Investing cash flow | — | — | — | — | — | — | — |
| Dividends paid | — | — | — | — | — | — | — |
| Share repurchases | — | — | 0 | -70K | 0 | — | — |
| Financing cash flow | 580.9K | 1.2M | 898.7K | 13M | 11.7M | 3.5M | 105.5M |
| Net change in cash | -398.3K | 152.8K | -653.9K | 6.9M | 3.5M | -7.8M | 66.6M |
| Free cash flow | -706.1K | -1.1M | -1.1M | -6.6M | -7.3M | -10.9M | -93.7M |
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 | Q1 23 | Q2 23 | Q3 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income | -2.7M | -2.3M | -1.8M | -2.5M | -2.3M | -2.3M | -3.8M | -3.8M | -2.5M | -1.9M | -2.1M | -29.4M |
| Depreciation & amortization | — | — | — | — | — | — | — | — | — | — | — | — |
| Stock-based compensation | 345.4K | 158K | 158K | 170.4K | 153.6K | 153.6K | 191.9K | 211.1K | 219.2K | 559.4K | 527K | 1.6M |
| Change in working capital | -280.6K | 466.5K | -1.7K | -230.1K | 84.7K | -218.2K | 8.8K | 305.8K | 63K | -67.6K | -111.4K | 338.4K |
| Operating cash flow | -2.6M | -1.7M | -1.7M | -2.4M | -2M | -2.4M | -3.6M | -3.3M | -2.3M | -1.4M | -1.6M | -27.5M |
| Capital expenditure | — | — | — | — | — | — | — | — | — | — | — | — |
| Investing cash flow | — | — | — | — | — | — | — | — | — | — | — | — |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | 0 | — | — | — | — | — | — | — | — |
| Financing cash flow | 523.4K | 1.8M | -306K | 9.7M | 317.1K | -436.3K | -257.7K | 1.8M | 162.5K | -479.8K | 7.1M | 95.7M |
| Net change in cash | -2.1M | 133.5K | -2M | 7.2M | -1.7M | -2.8M | -3.9M | -1.5M | -2.1M | -1.8M | 5.5M | 68.2M |
| Free cash flow | -3.5M | -1.5M | -909K | -1.4M | -2.8M | -2.2M | -2.9M | -3M | -2.7M | -1.1M | -1.9M | -88M |