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 | — | -$58.8 | — | — | $647K | — |
| FY24 | — | -$217.8 | — | — | $522K | — |
| FY23 | — | -$345.6 | — | — | $82K | — |
| FY22 | — | -$42.4 | — | — | $45K | — |
| FY21 | — | -$0.17 | — | — | $142K | — |
| FY20 | — | -$0.08 | — | — | $57K | — |
| FY19 | — | -$0.07 | — | — | $242K | — |
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 | $242K | $57K | $142K | $45K | $82K | $522K | $647K |
| YoY change | — | -76.4% | +149.1% | -68.3% | +82.2% | +536.6% | +23.9% |
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 | 242K | 57K | 142K | 45K | 82K | 522K | 647K |
| Cost of revenue | 21K | 9K | 10K | 10K | 62K | 437K | 795K |
| Gross profit | 221K | 48K | 132K | 35K | 20K | 85K | -148K |
| Gross margin | 91.3% | 84.2% | 93% | 77.8% | 24.4% | 16.3% | -22.9% |
| Research & development | 787K | 743K | 1.4M | 2.3M | 3.3M | 3M | 3.5M |
| Selling, general & administrative | 383K | 461K | 1.3M | 3.3M | 4.9M | 4.9M | 4.7M |
| Operating expenses | 1.2M | 1.2M | 2.8M | 6.5M | 8.2M | 7.9M | 8.2M |
| Operating income | -949K | -1.2M | -2.7M | -6.5M | -8.2M | -7.8M | -8.3M |
| Operating margin | -392.1% | -2K% | -1.9K% | -14.4K% | -10K% | -1.5K% | -1.3K% |
| Non-operating income, net | — | — | — | — | — | — | — |
| Pretax income | -977K | -1.3M | -2.6M | -6.5M | -7.8M | -7.9M | -8.1M |
| Income tax | — | — | — | 0 | 0 | 7K | 5K |
| Net income | -977K | -1.3M | -2.6M | -6.5M | -7.8M | -7.9M | -8.1M |
| Net margin | -403.7% | -2.2K% | -1.8K% | -14.4K% | -9.5K% | -1.5K% | -1.3K% |
| EBITDA | -942K | -1.1M | -2.7M | -6.4M | -8.1M | -7.7M | -8.2M |
| EPS | -0.07 | -0.08 | -0.17 | -42.4 | -345.6 | -217.8 | -58.8 |
| Diluted EPS | -0.07 | -0.08 | -0.17 | -42.4 | -345.6 | -217.8 | -58.8 |
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 | 1.6M | 475K | 1.3M | 10.4M | 4.9M | 4M | 18.4M |
| Receivables | — | 0 | 8K | 0 | — | 0 | 37K |
| Inventory | 8K | 20K | 11K | 6K | 1M | 1.2M | 778K |
| Total current assets | 1.6M | 563K | 1.4M | 11M | 6.8M | 5.5M | 19.5M |
| Property, plant & equipment | 9K | 18K | 43K | 248K | 786K | 460K | 460K |
| Goodwill & intangibles | — | — | — | — | — | — | — |
| Total assets | 1.6M | 581K | 1.4M | 11.2M | 7.6M | 6M | 20M |
| Accounts payable | 73K | 32K | 72K | 156K | 410K | 157K | 62K |
| Short-term debt | 3M | 3.1M | — | 68K | 297K | 1.1M | 309K |
| Total current liabilities | 3.3M | 3.5M | 638K | 1.1M | 1.8M | 2.1M | 1.4M |
| Long-term debt | — | — | 0 | 94K | 278K | 21K | 57K |
| Total liabilities | 3.3M | 3.5M | 638K | 1.2M | 2.1M | 2.1M | 1.4M |
| Shareholders' equity | -1.7M | -2.9M | 807K | 10M | 5.5M | 3.9M | 18.6M |
| Total debt | 3M | 3.1M | 0 | 162K | 575K | 1.1M | 366K |
| Net debt | 1.4M | 2.6M | -1.3M | -10.2M | -235K | -2M | -6.1M |
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 |
|---|---|---|---|---|---|---|---|---|
| Shares outstanding | 15M | 15M | 15M | 153.5K | 22.5K | 36.2K | 137.6K | 137.6K |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Gross margin | 91.3% | 84.2% | 93% | 77.8% | 24.4% | 16.3% | -22.9% | -22.9% |
| Operating margin | -392.1% | -2K% | -1.9K% | -14.4K% | -10K% | -1.5K% | -1.3K% | -1.3K% |
| Net margin | -403.7% | -2.2K% | -1.8K% | -14.4K% | -9.5K% | -1.5K% | -1.3K% | -1.3K% |
| ROE | 57.6% | 43.6% | -323.9% | -65.1% | -141.4% | -204.1% | -43.7% | -43.7% |
| ROA | -60.9% | -216.5% | -180.9% | -57.9% | -102.9% | -131.8% | -40.6% | -40.6% |
| ROIC | — | — | — | 2.8K% | -657% | -789.1% | -1.7K% | -1.7K% |
| Return on tangible assets | -60.9% | -216.5% | -180.9% | -57.9% | -102.9% | -131.8% | -40.6% | -40.6% |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Current ratio | 0.48 | 0.16 | 2.2 | 9.54 | 3.78 | 2.63 | 14.2 | 14.2 |
| Quick ratio | 0.48 | 0.16 | 2.18 | 9.54 | 3.2 | 2.05 | 13.6 | 13.6 |
| Debt / equity | -1.76 | -1.06 | 0 | 0.02 | 0.1 | 0.28 | 0.02 | 0.02 |
| Debt / assets | 1.87 | 5.25 | 0 | 0.01 | 0.08 | 0.18 | 0.02 | 0.02 |
| Net debt / EBITDA | -1.5 | -2.24 | 0.48 | 1.59 | 0.53 | 0.37 | 2.19 | 2.19 |
| Interest coverage | -33.9 | -11.3 | — | — | — | — | — | — |
| Effective tax rate | — | — | — | 0% | 0% | 0% | 0% | 0% |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Revenue per share | 0.02 | 0 | 0.01 | 0.29 | 3.64 | 14.4 | 4.7 | 4.7 |
| EPS (basic) | -0.07 | -0.08 | -0.17 | -42.4 | -345.6 | -217.8 | -58.8 | -58.8 |
| EPS (diluted) | -0.07 | -0.08 | -0.17 | -42.4 | -345.6 | -217.8 | -58.8 | -58.8 |
| Book value per share | -0.11 | -0.19 | 0.05 | 65 | 245.6 | 106.7 | 134.8 | 134.8 |
| FCF per share | -0.03 | -0.07 | -0.14 | -37.5 | -383.4 | -211.6 | -48.1 | -48.1 |
| Cash per share | 0.11 | 0.03 | 0.08 | 67.6 | 215.8 | 109.2 | 133.8 | 133.8 |
| Capex per share | 0 | 0 | 0 | 0.31 | — | — | — | — |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Capex / revenue | 0.41% | 28.1% | 25.4% | 106.7% | — | — | — | — |
| Capex / operating cash flow | -0.17% | -1.55% | -1.63% | -0.79% | — | — | — | — |
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 | -977K | -1.3M | -2.6M | -6.5M | -7.8M | -7.9M | -8.1M |
| Depreciation & amortization | 7K | 7K | 11K | 23K | 68K | 107K | 84K |
| Stock-based compensation | 148K | 67K | 299K | 790K | 241K | 182K | 1.1M |
| Change in working capital | 167K | 99K | 72K | -403K | -974K | -74K | 153K |
| Operating cash flow | -605K | -1M | -2.2M | -6.1M | -8.4M | -7.6M | -6.6M |
| Capital expenditure | -1K | -16K | -36K | -48K | — | — | — |
| Investing cash flow | -1K | -16K | -36K | -66K | -8.1M | 3.2M | -10.9M |
| Dividends paid | — | — | — | — | — | — | — |
| Share repurchases | — | 0 | 0 | -100K | 0 | 0 | — |
| Financing cash flow | 1.9M | 0 | 12K | 14.7M | 1.7M | 5.5M | 20.2M |
| Net change in cash | 1.3M | -1M | -2.2M | 8.6M | -14.9M | 1.2M | 2.7M |
| Free cash flow | -482K | -1.1M | -2.1M | -5.8M | -8.6M | -7.7M | -6.6M |