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 24 | -$3.4 | -$15.2 | -347.6% | — | $0 | — |
| Q3 24 | -$4.33 | -$3.4 | +21.5% | — | $0 | — |
| Q2 24 | -$3.2 | -$3.69 | -15.3% | — | $0 | — |
| Q1 24 | -$3.8 | -$6.75 | -77.6% | — | $0 | — |
| Q4 23 | -$4.8 | -$4.55 | +5.2% | — | $0 | — |
| Q3 23 | -$6.8 | -$9.21 | -35.4% | — | $0 | — |
| Q2 23 | -$9.6 | -$10.4 | -8.0% | — | $0 | — |
| Q1 23 | -$0.52 | -$0.68 | -30.8% | — | $0 | — |
| Q4 22 | -$0.61 | -$0.65 | -6.6% | — | $0 | — |
| Q3 22 | -$0.55 | -$0.8 | -45.5% | — | $0 | — |
| Q2 22 | -$0.79 | -$0.88 | -11.4% | — | $0 | — |
| Q1 22 | -$0.76 | -$0.79 | -3.9% | — | $0 | — |
| Q4 21 | -$20.1 | -$4.6 | +77.1% | — | $0 | — |
| Q3 21 | -$17.1 | -$20.3 | -18.8% | — | $0 | — |
| Q2 21 | -$0.37 | -$0.12 | +67.6% | — | $0 | — |
| Q1 21 | -$6 | -$9.2 | -53.3% | — | $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 % |
|---|---|---|---|---|---|---|
| FY24 | — | -$15.8 | — | — | $0 | — |
| FY23 | — | -$37.7 | — | — | $0 | — |
| FY22 | — | -$62.2 | — | — | $0 | — |
| FY21 | — | -$2.29 | — | — | $0 | — |
| FY20 | — | -$3.16 | — | — | $0 |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | FY20 | FY21 | FY22 | FY23 | FY24 |
|---|---|---|---|---|---|
| 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 | Q2 22 | Q3 22 | Q4 22 | Q1 23 | Q2 23 | Q3 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 |
|---|
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | FY20 | FY21 | FY22 | FY23 | FY24 |
|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 0 |
| Cost of revenue | — | — | — | — | — |
| Gross profit | — | — | — | — | — |
| Gross margin | — | — | — | — | — |
| Research & development | 7.1M | 40.1M | 49.8M | 29M | 15.5M |
| Selling, general & administrative | 3.6M | 22.6M | 18.9M | 13.6M | 16M |
| Operating expenses | 10.7M | 62.7M | 68.7M | 42.6M | 31.5M |
| Operating income | -10.7M | -62.7M | -68.7M | -42.6M | -31.5M |
| Operating margin | — | — | — | — | — |
| Non-operating income, net | -5.1M | 23.4M | 5.1M | 1.2M | 917K |
| Pretax income | -16.6M | -39.3M | -63M | -40.2M | -30.1M |
| Income tax | — | — | — | — | — |
| Net income | -16.6M | -39.3M | -63M | -40.2M | -30.1M |
| Net margin | — | — | — | — | — |
| EBITDA | -5.6M | -85.7M | -71.6M | -41.6M | -30.6M |
| EPS | -3.16 | -2.29 | -62.2 | -37.7 | -15.8 |
| Diluted EPS | -3.16 | -2.29 | -62.2 | -37.7 | -15.8 |
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | Q2 22 | Q3 22 | Q4 22 | Q1 23 | Q2 23 | Q3 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost of revenue | — | — | — | — | — | — | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — | — | — | — | — | — | — |
| Gross margin | — | — | — | — | — | — | — | — | — | — | — | — |
| Research & development | 13.7M | 11.1M | 11.4M | 10.9M | 8.2M | 6.1M | 3.7M | 4.6M | 3.8M | 3.9M | 3.3M | 1M |
| Selling, general & administrative | 4.7M | 4.5M | 4M | 4.5M | 3.8M | 3.5M | 1.8M | 2.9M | 3.6M | 3.9M | 5.6M | 2.3M |
| Operating expenses | 18.5M | 15.6M | 15.4M | 15.4M | 12.1M | 9.6M | 5.5M | 7.5M | 7.4M | 7.8M | 8.8M | 3.3M |
| Operating income | -18.5M | -15.6M | -15.4M | -15.4M | -12.1M | -9.6M | -5.5M | -7.5M | -7.4M | -7.8M | -8.8M | -3.3M |
| Operating margin | — | — | — | — | — | — | — | — | — | — | — | — |
| Non-operating income, net | 43K | -1.5M | 1.3M | 292K | 182K | 342K | 385K | -5M | 5.4M | -204K | 770K | -1.7M |
| Pretax income | -18.4M | -16.9M | -13.6M | -14.7M | -11.6M | -9M | -5M | -12.4M | -1.8M | -7.8M | -8M | -5M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — |
| Net income | -18.4M | -16.9M | -13.6M | -14.7M | -11.6M | -9M | -5M | -12.4M | -1.8M | -7.8M | -8M | -5M |
| Net margin | — | — | — | — | — | — | — | — | — | — | — | — |
| EBITDA | -18.3M | -14M | -15.2M | -15.3M | -11.7M | -9.5M | -5.2M | -2M | -12.4M | -7.2M | -9M | -1.6M |
| EPS | -0.88 | -0.8 | -0.65 | -0.69 | -0.54 | -0.42 | — | -11.6 | -1 | -3.4 | — | -1.4 |
| Diluted EPS | -0.88 | -0.8 | -0.65 | -0.69 | -0.54 | -0.42 | — | -11.6 | -1 | -3.4 | — | -1.4 |
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 | — | — | — | — | — | — | 78.5K |
| Enterprise value | — | — | — | — | — | — | -4.4M |
| Shares outstanding | — | 5.3M | 17.2M | 1.1M | 1.1M | 1.9M | 1.9M |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | Current |
|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | -0 |
| P/B | — | — | — | — | — | — | 0.03 |
| EV/EBITDA | — | — | — | — | — | — | 0.17 |
| Earnings yield | — | — | — | — | — | — | -105.7K% |
| FCF yield | — | — | — | — | — | — | -20.2K% |
| PEG | — | — | — | — | — | — | 0 |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | Current |
|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | — | — | 0% |
| Net margin | — | — | — | — | — | — | 0% |
| ROE | — | -65.5% | -39.2% | -132.1% | -357.8% | -1.1K% | -3.1K% |
| ROA | — | -26.3% | -33.4% | -106.2% | -220.4% | -375.7% | -197.5% |
| Return on tangible assets | — | -26.3% | -33.4% | -106.2% | -220.4% | -375.7% | -483.2% |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | Current |
|---|---|---|---|---|---|---|---|
| Current ratio | — | 1.67 | 8.04 | 6.11 | 2.63 | 1.21 | 1.79 |
| Quick ratio | — | 1.67 | 8.04 | 6.11 | 2.63 | 1.21 | 1.79 |
| Debt / equity | — | 0 | 0.04 | 0.07 | 0.22 | 0 | 0 |
| Debt / assets | — | 0 | 0.04 | 0.06 | 0.14 | 0 | 0 |
| Net debt / EBITDA | — | 11.1 | 1.25 | 0.68 | 0.25 | 0.16 | 0.18 |
| Interest coverage | — | -1.3K | — | — | — | — | — |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | Current |
|---|---|---|---|---|---|---|---|
| Revenue per share | — | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (basic) | — | -3.16 | -2.29 | -62.2 | -37.7 | -15.8 | -15.8 |
| EPS (diluted) | — | -3.16 | -2.29 | -62.2 | -37.7 | -15.8 | -5.79 |
| Book value per share | — | 4.83 | 5.84 | 45.3 | 10.5 | 1.44 | 0.4 |
| FCF per share | — | -0.43 | -2.25 | -56.7 | -38 | -13.8 | -6.38 |
| Cash per share | — | 11.8 | 6.49 | 49.9 | 12 | 2.63 | 0.85 |
| Capex per share | — | — | — | 0 | — | — | — |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | Current |
|---|---|---|---|---|---|---|---|
| Capex / operating cash flow | — | — | — | 0% | — | — | — |
| Payout ratio | — | — | — | — | — | — | 0% |
| — |
| Q4 24 |
|---|
| Q1 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 |
|---|---|---|---|---|---|---|
| Cash & short-term investments | 0 | 61.8M | 111.5M | 52.5M | 12.8M | 5M |
| Receivables | — | — | — | — | — | — |
| Inventory | — | — | — | — | — | — |
| Total current assets | 0 | 63.1M | 111.8M | 56M | 14.7M | 6.4M |
| Property, plant & equipment | — | 0 | 4.2M | 3.2M | 2.3M | 0 |
| Goodwill & intangibles | — | — | — | — | — | — |
| Total assets | 0 | 63.2M | 117.7M | 59.3M | 18.2M | 8M |
| Accounts payable | 35K | 491K | 2M | 4.1M | 2.5M | 2M |
| Short-term debt | — | — | 738K | 1M | 1.2M | — |
| Total current liabilities | 44K | 37.8M | 13.9M | 9.2M | 5.6M | 5.3M |
| Long-term debt | — | 0 | 3.4M | 2.4M | 1.3M | 0 |
| Total liabilities | 44K | 37.8M | 17.4M | 11.6M | 7M | 5.3M |
| Shareholders' equity | -44K | 25.4M | 100.3M | 47.7M | 11.2M | 2.7M |
| Total debt | — | 0 | 4.2M | 3.4M | 2.5M | 0 |
| Net debt | — | -61.8M | -107.3M | -8.2M | -10.3M | -5M |
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 22 | Q3 22 | Q4 22 | Q1 23 | Q2 23 | Q3 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 80.9M | 66M | 52.5M | 39.8M | 27.4M | 20.8M | 12.8M | 5.1M | 16.3M | 10.1M | 5M | 4.4M |
| Receivables | — | — | — | — | — | — | — | — | — | — | — | — |
| Inventory | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 82.4M | 67.3M | 56M | 44M | 31.8M | 22.8M | 14.7M | 7.7M | 18.3M | 11.7M | 6.4M | 4.7M |
| Property, plant & equipment | 3.7M | 3.5M | 3.2M | 3.1M | 2.8M | 2.6M | 2.3M | 2.1M | 1.8M | 1.5M | 0 | — |
| Goodwill & intangibles | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | 87.7M | 72.4M | 59.3M | 47.4M | 35.3M | 26.3M | 18.2M | 11.1M | 21.5M | 14.9M | 8M | 4.7M |
| Accounts payable | 5.1M | 4.4M | 4.1M | 6.2M | 3.5M | 3.1M | 2.5M | 2.3M | 1.5M | 2M | 2M | 2.3M |
| Short-term debt | 968K | 999K | 1M | 1.1M | 1.1M | 1.1M | 1.2M | 1.2M | 1.2M | 1.3M | — | — |
| Total current liabilities | 10.5M | 9.9M | 9.2M | 10.7M | 9.2M | 8.8M | 5.6M | 10.6M | 5.3M | 5.4M | 5.3M | 2.6M |
| Long-term debt | 2.9M | 2.7M | 2.4M | 2.2M | 1.9M | 1.6M | 1.3M | 1M | 697K | 365K | 0 | — |
| Total liabilities | 13.4M | 12.7M | 11.6M | 13M | 11.1M | 10.5M | 7M | 11.7M | 6.1M | 5.8M | 5.3M | 2.6M |
| Shareholders' equity | 74.4M | 59.7M | 47.7M | 34.5M | 24.1M | 15.7M | 11.2M | -622K | 15.4M | 9.1M | 2.7M | 2.1M |
| Total debt | 3.9M | 3.7M | 3.4M | 3.3M | 3M | 2.8M | 2.5M | 2.2M | 1.9M | 1.6M | 0 | — |
| Net debt | -77M | -42.1M | -8.2M | -1.2M | -3.7M | -12.3M | -10.3M | -2.9M | -6M | -1.3M | -5M | — |
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 | FY20 | FY21 | FY22 | FY23 | FY24 |
|---|---|---|---|---|---|
| Net income | -16.6M | -39.3M | -63M | -40.2M | -30.1M |
| Depreciation & amortization | 0 | 340K | 939K | 915K | 1.1M |
| Stock-based compensation | 4.4M | 23.3M | 10.1M | 3.6M | 3.5M |
| Change in working capital | 374K | -133K | 1.9M | -3.3M | -2.2M |
| Operating cash flow | -6.1M | -15.8M | -59.6M | -40.5M | -26.1M |
| Capital expenditure | — | — | 0 | — | — |
| Investing cash flow | — | 0 | -40.6M | 41.5M | 212K |
| Dividends paid | — | — | — | — | — |
| Share repurchases | — | — | — | — | — |
| Financing cash flow | 64.1M | 47.4M | 0 | 0 | 17.9M |
| Net change in cash | 58M | 31.6M | -100.2M | 1M | -8M |
| Free cash flow | -2.3M | -38.7M | -59.6M | -40.5M | -26.1M |
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 | Q2 22 | Q3 22 | Q4 22 | Q1 23 | Q2 23 | Q3 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income | -18.4M | -16.9M | -13.6M | -14.7M | -11.6M | -9M | -5M | -12.4M | -1.8M | -7.8M | -8M | -5M |
| Depreciation & amortization | 232K | 236K | 241K | 154K | 249K | 254K | 258K | 264K | 270K | 275K | 281K | 0 |
| Stock-based compensation | 3.4M | 2.3M | 1.5M | 1.4M | 1.1M | 629K | 457K | 528K | 912K | 1.4M | 610K | 435K |
| Change in working capital | 1.8M | -955K | 1K | 1.7M | -3.4M | -980K | -1.1M | -653K | -1.3M | -97K | -227K | 1.1M |
| Operating cash flow | -13M | -15.3M | -11.9M | -11.4M | -13.6M | -9.1M | -5.3M | -12.3M | -1.9M | -6.2M | -6.2M | -4.5M |
| Capital expenditure | — | — | — | — | — | — | — | — | — | — | — | — |
| Investing cash flow | 0 | -20.2M | -22.8M | 5.9M | 14.8M | 15.1M | 5.8M | 0 | -8.3M | 1.4M | 7.2M | — |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | — | — | 0 | — | — | 0 | — | — | 16.9M | 0 | 961K | 3.9M |
| Net change in cash | -13M | -35.5M | -34.7M | -5.5M | 1.2M | 6M | 412K | -12.3M | 6.6M | -4.9M | 2M | -598K |
| Free cash flow | -15.9M | -14.9M | -13.8M | -13.1M | -12.7M | -6.6M | -8M | -7.7M | -5.8M | -6.4M | -6.2M | -4.5M |