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 23 | — | -$0.11 | — | — | — | — |
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 | — | — | — | — | $601K | — |
| FY23 | — | -$43.7 | — | — | $570K | — |
| FY22 | — | -$98 | — | — | $275K | — |
| FY21 | — | -$163.8 | — | — | $900K | — |
| FY20 | — | -$323.4 | — | — | $50K | — |
| FY19 | — | -$518.7 | — | — | $523K | — |
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 |
|---|---|---|---|---|---|---|
| Revenue | $523K | $50K | $900K | $275K | $570K | $601K |
| YoY change | — | -90.4% | +1.7K% | -69.4% | +107.3% | +5.44% |
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 |
|---|---|---|---|---|---|---|
| Revenue | $20K | $0 | $104K | $232K | $52K | $213K |
| YoY change | — | — | — | — | +160% | +InfinityT% |
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 |
|---|---|---|---|---|---|---|
| Revenue | 523K | 50K | 900K | 275K | 570K | 601K |
| Cost of revenue | 199K | 2K | 0 | — | — | — |
| Gross profit | 324K | 48K | 900K | — | — | — |
| Gross margin | 62% | 96% | 100% | — | — | — |
| Research & development | 25.7M | 21.5M | 17.2M | 14M | 16.6M | 12.5M |
| Selling, general & administrative | 6.7M | 7.4M | 6.2M | 6.2M | 6.9M | 6.8M |
| Operating expenses | 32.3M | 28.4M | 23.4M | 20M | 23.5M | 19.3M |
| Operating income | -32M | -28.3M | -22.5M | -19.9M | -22.9M | -18.7M |
| Operating margin | -6.1K% | -56.7K% | -2.5K% | -7.2K% | -4K% | -3.1K% |
| Non-operating income, net | 152K | -31K | 919K | 93K | 2.6M | 103K |
| Pretax income | -31.9M | -28.9M | -22.4M | -19.8M | -20.3M | -18.6M |
| Income tax | 0 | 0 | 0 | 0 | 0 | 0 |
| Net income | -31.9M | -28.9M | -22.4M | -19.8M | -20.3M | -18.6M |
| Net margin | -6.1K% | -57.7K% | -2.5K% | -7.2K% | -3.6K% | -3.1K% |
| EBITDA | -31.6M | -28.1M | -22.3M | -19.6M | -21.9M | -18.6M |
| EPS | -518.7 | -323.4 | -163.8 | -98 | -43.7 | — |
| Diluted EPS | -518.7 | -323.4 | -163.8 | -98 | -43.7 | — |
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 |
|---|---|---|---|---|---|---|
| Revenue | 20K | 0 | 104K | 232K | 52K | 213K |
| Cost of revenue | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — |
| Gross margin | — | — | — | — | — | — |
| Research & development | 4.4M | 3.4M | 3.4M | 3.9M | 3.2M | 2.1M |
| Selling, general & administrative | 1.5M | 1.6M | 1.8M | 2.1M | 1.4M | 1.5M |
| Operating expenses | 5.9M | 5M | 5.2M | 6M | 4.6M | 3.6M |
| Operating income | -5.8M | -5M | -5.1M | -5.7M | -4.6M | -3.4M |
| Operating margin | -29.2K% | — | -4.9K% | -2.5K% | -8.8K% | -1.6K% |
| Non-operating income, net | 922K | 1.7M | 1.2M | 91K | -1.2M | 15K |
| Pretax income | -4.9M | -3.3M | -3.9M | -5.6M | -5.7M | -3.4M |
| Income tax | 0 | 0 | 0 | 0 | 0 | 0 |
| Net income | -4.9M | -3.3M | -3.9M | -5.6M | -5.7M | -3.4M |
| Net margin | -24.6K% | — | -3.7K% | -2.4K% | -11K% | -1.6K% |
| EBITDA | -4.9M | -3.3M | -5M | -5.7M | -4.5M | -3.3M |
| EPS | -15.3 | — | -2.94 | -3.1 | -2.83 | — |
| Diluted EPS | -15.3 | — | -2.94 | -3.1 | -2.83 | — |
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 |
|---|---|---|---|---|---|---|
| Cash & short-term investments | 2.8M | 10.6M | 8.6M | 6.4M | 1.5M | 1.1M |
| Receivables | 898K | 157K | 0 | 175K | 961K | 838K |
| Inventory | — | — | — | — | — | — |
| Total current assets | 4M | 11.3M | 9.4M | 7.5M | 3.3M | 2.5M |
| Property, plant & equipment | 594K | 416K | 438K | 499K | 283K | 65K |
| Goodwill & intangibles | — | — | — | — | — | — |
| Total assets | 4.6M | 11.7M | 9.8M | 8M | 3.6M | 2.6M |
| Accounts payable | 3.2M | 3.2M | 1.1M | 1.5M | 2M | 4M |
| Short-term debt | — | 8.1M | 215K | 238K | 221K | 25K |
| Total current liabilities | 6.9M | 13.2M | 2.3M | 2.5M | 5.9M | 5.1M |
| Long-term debt | — | 1.1M | 175K | 247K | 26K | — |
| Total liabilities | 6.9M | 14.3M | 2.4M | 2.8M | 5.9M | 5.1M |
| Shareholders' equity | -2.3M | -2.6M | 7.4M | 5.2M | -2.3M | -2.5M |
| Total debt | — | 9.2M | 390K | 485K | 247K | 25K |
| Net debt | — | -1.4M | -8.2M | -5.9M | -1.3M | -1.1M |
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 |
|---|---|---|---|---|---|---|
| Cash & short-term investments | 127K | 1.5M | 3M | 233K | 2.9M | 1.1M |
| Receivables | — | — | 2.8M | 1M | 985K | 838K |
| Inventory | — | — | — | — | — | — |
| Total current assets | — | — | 7.2M | 2.2M | 4.8M | 2.5M |
| Property, plant & equipment | — | — | 213K | 165K | 97K | 65K |
| Goodwill & intangibles | — | — | — | — | — | — |
| Total assets | — | — | 7.4M | 2.4M | 4.9M | 2.6M |
| Accounts payable | — | — | 2.3M | 3.2M | 4.9M | 4M |
| Short-term debt | — | — | 179K | 122K | 59K | 25K |
| Total current liabilities | — | — | 4.7M | 5.2M | 6.2M | 5.1M |
| Long-term debt | — | — | 6K | — | — | — |
| Total liabilities | — | — | 4.7M | 5.2M | 6.2M | 5.1M |
| Shareholders' equity | — | — | 2.7M | -2.9M | -1.3M | -2.5M |
| Total debt | — | — | 185K | 122K | 59K | 25K |
| Net debt | — | — | -2.8M | -111K | -2.8M | -1.1M |
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 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 |
|---|---|---|---|---|---|---|
| Net income | -31.9M | -28.9M | -22.4M | -19.8M | -20.3M | -18.6M |
| Depreciation & amortization | 249K | 307K | 169K | 207K | 119K | 94K |
| Stock-based compensation | 447K | 732K | 541K | 545K | 474K | 341K |
| Change in working capital | 465K | 863K | -2M | 282K | -202K | 2M |
| Operating cash flow | -30.7M | -26.7M | -23.2M | -18.8M | -22M | -17.5M |
| Capital expenditure | -78K | -290K | -32K | -99K | -67K | -22K |
| Investing cash flow | 14.1M | -290K | -32K | -99K | -67K | -22K |
| Dividends paid | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — |
| Financing cash flow | 13.8M | 36.7M | 23.3M | 17M | 12.2M | 8.7M |
| Net change in cash | -2.8M | 9.8M | 128K | -1.9M | -9.8M | -8.8M |
| Free cash flow | -30.8M | -28.9M | -25.3M | -19.2M | -21.4M | -16.2M |
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 |
|---|---|---|---|---|---|---|
| Net income | -4.9M | -3.3M | -3.9M | -5.6M | -5.7M | -3.4M |
| Depreciation & amortization | 31K | 27K | 27K | 26K | 24K | 17K |
| Stock-based compensation | 115K | 104K | 96K | 112K | 76K | 57K |
| Change in working capital | 1.7M | -2.2M | 222K | 827K | 1.7M | -816K |
| Operating cash flow | -3.1M | -5.4M | -3.6M | -4.7M | -3.8M | -4.1M |
| Capital expenditure | -18K | 0 | 0 | -14K | -8K | 0 |
| Investing cash flow | -18K | 0 | 0 | -14K | -8K | 0 |
| Dividends paid | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — |
| Financing cash flow | 1.3M | 5M | 5M | 1.7M | -32K | 2.1M |
| Net change in cash | -1.8M | -400K | 1.4M | -3M | -3.9M | -2M |
| Free cash flow | -3.1M | -3.6M | -4.6M | -4.4M | -3.2M | -3.9M |
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 | Current |
|---|---|---|---|---|---|---|---|
| Market cap | — | — | — | — | — | — | 2.8M |
| Enterprise value | — | — | — | — | — | — | 3.6M |
| Shares outstanding | 61.3K | 89.5K | 137.4K | 202.1K | 463.7K | — | — |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | Current |
|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | 0.1 |
| P/S | — | — | — | — | — | — | 3.43 |
| EV/EBITDA | — | — | — | — | — | — | -0.19 |
| EV/Sales | — | — | — | — | — | — | 5.95 |
| Earnings yield | — | — | — | — | — | — | 1K% |
| FCF yield | — | — | — | — | — | — | -410.7% |
| PEG | — | — | — | — | — | — | -5.5 |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | Current |
|---|---|---|---|---|---|---|---|
| Gross margin | 62% | 96% | 100% | — | — | — | — |
| Operating margin | -6.1K% | -56.7K% | -2.5K% | -7.2K% | -4K% | -3.1K% | -1.6K% |
| Net margin | -6.1K% | -57.7K% | -2.5K% | -7.2K% | -3.6K% | -3.1K% | 0% |
| ROE | 1.4K% | 1.1K% | -301.9% | -381.6% | 876.3% | 749% | 749% |
| ROA | -692.1% | -246.5% | -227.4% | -248.4% | -557.6% | -717.8% | -376.1% |
| ROIC | 634% | 708.3% | 2.9K% | 2.8K% | 635.9% | 524.8% | 524.8% |
| Return on tangible assets | -692.1% | -246.5% | -227.4% | -248.4% | -557.6% | -717.8% | -717.8% |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | Current |
|---|---|---|---|---|---|---|---|
| Current ratio | 0.58 | 0.86 | 4.17 | 2.95 | 0.57 | 0.5 | 0.5 |
| Quick ratio | 0.58 | 0.86 | 4.17 | 2.95 | 0.57 | 0.5 | 0.5 |
| Debt / equity | — | -3.53 | 0.05 | 0.09 | -0.11 | -0.01 | -0 |
| Debt / assets | — | 0.79 | 0.04 | 0.06 | 0.07 | 0.01 | 0.01 |
| Net debt / EBITDA | — | 0.05 | 0.37 | 0.3 | 0.06 | 0.06 | 0.06 |
| Interest coverage | — | -58 | -26.7 | -9.9K | -20.3K | -9.3K | -620.1 |
| Effective tax rate | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | Current |
|---|---|---|---|---|---|---|---|
| Revenue per share | 8.53 | 0.56 | 6.55 | 1.36 | 1.23 | — | 0.29 |
| EPS (basic) | -518.7 | -323.4 | -163.8 | -98 | -43.7 | — | — |
| EPS (diluted) | -518.7 | -323.4 | -163.8 | -98 | -43.7 | — | -8.88 |
| Book value per share | -37.1 | -29.2 | 54 | 25.7 | -4.98 | — | -1.55 |
| FCF per share | -502 | -323.5 | -184.4 | -94.9 | -46.3 | — | -4.31 |
| Cash per share | 45.3 | 118.4 | 62.5 | 31.6 | 3.31 | — | 0.41 |
| Capex per share | 1.27 | 3.24 | 0.23 | 0.49 | 0.14 | — | — |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | Current |
|---|---|---|---|---|---|---|---|
| Capex / revenue | 14.9% | 580% | 3.56% | 36% | 11.8% | 3.66% | 3.66% |
| Capex / operating cash flow | -0.25% | -1.09% | -0.14% | -0.53% | -0.31% | -0.13% | -0.14% |
| Payout ratio | — | — | — | — | — | — | 0% |