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 25 | -$0.52 | -$0.22 | +57.7% | — | $766.3K | — |
| Q3 25 | -$0.49 | -$0.33 | +32.7% | — | $1M | — |
| Q2 25 | -$0.64 | -$0.45 | +29.7% | — | $589.9K | — |
| Q1 25 | -$0.72 | -$0.59 | +18.1% | — | $593.3K | — |
| Q4 24 | -$0.2 | -$0.68 | -240.0% | — | $648.8K | — |
| Q3 24 | -$0.14 | -$0.28 | -100.0% | — | $614.2K | — |
| Q2 24 | -$0.83 | -$0.83 | 0.0% | — | $726.4K | — |
| Q1 24 | -$0.79 | -$0.78 | +1.3% | — | $510.8K | — |
| Q4 23 | -$0.87 | -$0.77 | +11.5% | — | $672K | — |
| Q3 23 | -$1.12 | -$0.69 | +38.4% | — | $611.2K | — |
| Q2 23 | -$1.13 | -$0.69 | +38.9% | — | $651K | — |
| Q1 23 | -$1.1 | -$0.6 | +45.5% | — | $605.8K | — |
| Q4 22 | -$0.09 | -$0.1 | -11.1% | — | $487K | — |
| Q3 22 | -$0.18 | -$0.06 | +66.7% | — | $414.3K | — |
| Q1 22 | -$0.11 | -$0.12 | -9.1% | — | $389K | — |
| Q4 21 | — | -$0.14 | — | — | $332.6K | — |
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 | — | -$1.58 | — | — | $3M | — |
| FY24 | — | -$2.57 | — | — | $2.5M | — |
| FY23 | — | -$2.71 | — | — | $2.5M | — |
| FY22 | — | -$4.61 | — | — | $1.7M |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3M | $7.6M | $0 | $17.1K | $436.9K | $1.2M | $1.7M | $2.5M | $2.5M | $3M |
| YoY change | +InfinityT% | +152.8% | -100% | +InfinityT% | +2.5K% | +165.6% | +47.1% | +48.8% | -1.56% | +19% |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 3M | 7.6M | 0 | 17.1K | 436.9K | 1.2M | 1.7M | 2.5M | 2.5M | 3M |
| Cost of revenue | 0 | 156.1K | 0 | — | — | — | — | — | — | — |
| Gross profit | 3M | 7.4M | 0 | — | — | — | — | — | — | — |
| Gross margin | 100% | 97.9% | — | — | — | — | — | — | — | — |
| Research & development | 43.7M | 4.1M | 2.9M | 4.9M | 1.7M | 3.2M | 4.8M | 3.5M | 3.3M | 3.1M |
| Selling, general & administrative | 6.7M | 6.9M | 4.4M | 4.7M | 3.4M | 3.7M | 3.7M | 3.6M | 3.4M | 2.7M |
| Operating expenses | 50.4M | 11M | 7.3M | 9.6M | 5.1M | 6.9M | 8.4M | 7.1M | 6.7M | 5.8M |
| Operating income | -47.4M | -3.6M | -7.3M | -9.6M | -4.7M | -5.7M | -6.7M | -4.5M | -4.2M | -2.8M |
| Operating margin | -1.6K% | -47.1% | — | -56.3K% | -1.1K% | -495.1% | -393.6% | -177.8% | -168.2% | -95.2% |
| Non-operating income, net | -6M | -24.6K | -24.6K | -3.3M | -9.2M | 1.1K | -1.6K | 25.4K | -5.7K | 5.7K |
| Pretax income | -54.2M | -3.6M | -7.3M | -12.8M | -13.8M | -5.6M | -6.6M | -4.1M | -4M | -2.7M |
| Income tax | — | — | — | 0 | -2.9M | 0 | — | — | — | — |
| Net income | -54.2M | -3.6M | -7.3M | -12.8M | -10.9M | -5.6M | -6.6M | -4.1M | -4M | -2.7M |
| Net margin | -1.8K% | -47.4% | — | -74.9K% | -2.5K% | -486.4% | -383.9% | -162.8% | -158.4% | -90.1% |
| EBITDA | -55.6M | -3.5M | -7.3M | -6.3M | 4.6M | -5.7M | -6.7M | -4.5M | -4.2M | -2.8M |
| EPS | -940.8 | -49.2 | -96.6 | -63.3 | -17 | -5.5 | -4.61 | -2.71 | -2.57 | -1.58 |
| Diluted EPS | -940.8 | -49.2 | -96.6 | -63.3 | -17 | -5.5 | -4.61 | -2.71 | -2.57 | -1.58 |
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 | 611.2K | 672K | 510.8K | 726.4K | 614.2K | 648.8K | 593.3K | 589.9K | 1M | 766.3K | 806.9K | 660.6K |
| Cost of revenue | — | — | — | — | — | — | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — | — | — | — | — | — | — |
| Gross margin | — | — | — | — | — | — | — | — | — | — | — | — |
| Research & development | 1M | 975.6K | 944.3K | 933.8K | 368K | 1M | 879K | 656.6K | 756.5K | 773.4K | 661.4K | 552K |
| Selling, general & administrative | 737.2K | 952K | 834.9K | 1.1M | 745.7K | 705.7K | 656.6K | 657.8K | 815.2K | 615.9K | 647.6K | 1.1M |
| Operating expenses | 1.8M | 1.9M | 1.8M | 2.1M | 1.1M | 1.7M | 1.5M | 1.3M | 1.6M | 1.4M | 1.3M | 1.6M |
| Operating income | -1.1M | -1.3M | -1.3M | -1.3M | -499.5K | -1.1M | -942.4K | -724.4K | -544.7K | -623K | -502.1K | -971.7K |
| Operating margin | -187.6% | -186.9% | -248.3% | -184.1% | -81.3% | -169.4% | -158.9% | -122.8% | -53% | -81.3% | -62.2% | -147.1% |
| Non-operating income, net | -666 | 404 | 52 | -21 | 1.5K | -7.2K | 78 | 1.5K | 4K | 159 | -21 | -72 |
| Pretax income | -1.1M | -1.2M | -1.2M | -1.3M | -436.7K | -1.1M | -903.1K | -688.7K | -509.9K | -579.1K | -456.4K | -929.7K |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — |
| Net income | -1.1M | -1.2M | -1.2M | -1.3M | -436.7K | -1.1M | -903.1K | -688.7K | -509.9K | -579.1K | -456.4K | -929.7K |
| Net margin | -172.7% | -174.3% | -234% | -175.4% | -71.1% | -162.5% | -152.2% | -116.7% | -49.7% | -75.6% | -56.6% | -140.7% |
| EBITDA | -1.1M | -1.3M | -1.3M | -1.3M | -499.5K | -1.1M | -942.4K | -724.4K | -544.7K | -623K | -502.1K | -971.7K |
| EPS | -0.69 | — | -0.78 | -0.83 | -0.28 | — | -0.59 | -0.45 | -0.33 | — | -0.2 | -0.41 |
| Diluted EPS | -0.69 | — | -0.78 | -0.83 | -0.28 | — | -0.59 | -0.45 | -0.33 | — | -0.2 | -0.41 |
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 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market cap | — | — | 14.9M | — | — | — | — | 5.3M | 6.1M | — | 5.5M |
| Enterprise value | — | — | 14.3M | — | — | — | — | -3.7M | -15.6K | — | -871.6K |
| Shares outstanding | 61.9K | 72.2K | 75.6K | 285.2K | 639.2K | 1M | 1.4M | 1.5M | 1.5M | 1.7M | 1.7M |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | — | — | — | — | -1.46 |
| P/S | — | — | — | — | — | — | — | 2.08 | 2.46 | — | 1.62 |
| P/B | — | — | 1.5 | — | — | — | — | 0.54 | 1.02 | — | 0.7 |
| EV/EBITDA | — | — | -1.97 | — | — | — | — | 0.82 | 0 | — | 0.31 |
| EV/Sales | — | — | — | — | — | — | — | -1.46 | -0.01 | — | -0.27 |
| Earnings yield | — | — | — | — | — | — | — | — | — | — | -68.4% |
| FCF yield | — | — | -43.4% | — | — | — | — | -78% | -45.8% | — | -21.5% |
| PEG | — | — | — | — | — | — | — | — | — | — | 0.16 |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross margin | 100% | 97.9% | — | — | — | — | — | — | — | — | — |
| Operating margin | -1.6K% | -47.1% | — | -56.3K% | -1.1K% | -495.1% | -393.6% | -177.8% | -168.2% | -95.2% | -147.1% |
| Net margin | -1.8K% | -47.4% | — | -74.9K% | -2.5K% | -486.4% | -383.9% | -162.8% | -158.4% | -90.1% | -75.9% |
| ROE | -335.2% | -25.1% | -73.6% | -74.2% | -89.2% | -30.7% | -48% | -42.2% | -65.9% | -36.2% | -47% |
| ROA | -258.4% | -18.8% | -50.6% | -59.3% | -82.7% | -28.5% | -44.5% | -39% | -57.4% | -32.1% | -26.8% |
| ROIC | — | — | — | -140.3% | -682.4% | -3.8K% | — | — | — | — | — |
| Return on tangible assets | 1.3K% | 61% | 68.7% | 206.6% | -82.7% | -28.5% | -44.5% | -39% | -57.4% | -32.1% | -35.5% |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current ratio | 4.47 | 3.03 | 0.75 | 7.84 | 13.2 | 13.2 | 12.7 | 11.8 | 7.37 | 8.32 | 7.43 |
| Quick ratio | 4.47 | 3.03 | 0.75 | 7.84 | 13.2 | 13.2 | 12.7 | 11.8 | 7.37 | 8.32 | 7.43 |
| Debt / equity | — | — | — | — | — | — | — | — | — | — | 0 |
| Interest coverage | -73.3 | -2K | — | — | — | — | — | — | — | — | — |
| Effective tax rate | — | — | — | 0% | 0% | 0% | — | — | — | — | — |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue per share | 48.4 | 105 | 0 | 0.06 | 0.68 | 1.13 | 1.2 | 1.66 | 1.62 | 1.75 | 1.57 |
| EPS (basic) | -940.8 | -49.2 | -96.6 | -63.3 | -17 | -5.5 | -4.61 | -2.71 | -2.57 | -1.58 | -1.58 |
| EPS (diluted) | -940.8 | -49.2 | -96.6 | -63.3 | -17 | -5.5 | -4.61 | -2.71 | -2.57 | -1.58 | -1.15 |
| Book value per share | 261.1 | 198 | 131.1 | 60.3 | 19.1 | 17.9 | 9.59 | 6.41 | 3.9 | 4.35 | 3.23 |
| FCF per share | -142.2 | 20.6 | -85.5 | -22.4 | -6.68 | -4.61 | -3.62 | -2.69 | -1.83 | -1.34 | -1.01 |
| Cash per share | 65.4 | 76.6 | 7.56 | 36.3 | 18 | 17.7 | 9.21 | 5.88 | 4 | 4.63 | 2.76 |
| Capex per share | 0.27 | 0.13 | 0.3 | 0.01 | 0 | — | — | — | — | — | — |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Capex / revenue | 0.56% | 0.12% | — | 11.7% | 0% | — | — | — | — | — | — |
| Capex / operating cash flow | -0.3% | 0.76% | -0.36% | -0.02% | 0% | — | — | — | — | — | — |
| Payout ratio | — | — | — | — | — | — | — | — | — | — | 0% |
| — |
| FY21 | — | -$5.5 | — | — | $1.2M | — |
| FY20 | — | -$17 | — | — | $436.9K | — |
| FY19 | — | -$63.3 | — | — | $17.1K | — |
| FY18 | — | -$96.6 | — | — | $0 | — |
| FY17 | — | -$49.2 | — | — | $7.6M | — |
| FY16 | — | -$940.8 | — | — | $3M | — |
| 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 | $611.2K | $672K | $510.8K | $726.4K | $614.2K | $648.8K | $593.3K | $589.9K | $1M | $766.3K | $806.9K | $660.6K |
| YoY change | +47.5% | +38% | -15.7% | +11.6% | +0.5% | -3.44% | +16.1% | -18.8% | +67.2% | +18.1% | +36% | +12% |
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 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 4M | 5.5M | 571.6K | 10.4M | 11.5M | 18.2M | 13.1M | 9M | 6.2M | 7.9M |
| Receivables | 3M | 0 | — | — | — | — | — | — | — | — |
| Inventory | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 8.3M | 5.9M | 1.2M | 11.1M | 12.4M | 18.7M | 13.7M | 9.6M | 6.6M | 8M |
| Property, plant & equipment | 42.4K | 27.8K | 5K | 757 | 0 | 0 | — | — | — | — |
| Goodwill & intangibles | 25.1M | 25.1M | 25.1M | 27.7M | 0 | — | — | — | — | — |
| Total assets | 21M | 19.2M | 14.4M | 21.5M | 13.2M | 19.8M | 14.7M | 10.6M | 6.9M | 8.4M |
| Accounts payable | 1M | 786.8K | 934.1K | 931.1K | 327.4K | 362.5K | 287.4K | 240.8K | 283.6K | 258.1K |
| Short-term debt | — | — | — | — | — | — | — | — | — | — |
| Total current liabilities | 1.9M | 1.9M | 1.6M | 1.4M | 936.9K | 1.4M | 1.1M | 809.6K | 894.3K | 968K |
| Long-term debt | — | — | — | — | — | — | — | — | — | — |
| Total liabilities | 4.8M | 4.9M | 4.5M | 4.3M | 964K | 1.4M | 1.1M | 809.6K | 894.3K | 968K |
| Shareholders' equity | 16.2M | 14.3M | 9.9M | 17.2M | 12.2M | 18.4M | 13.6M | 9.8M | 6M | 7.4M |
| Total debt | — | — | — | — | — | — | — | — | — | — |
| Net debt | — | — | — | — | — | — | — | — | — | — |
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 | 9.8M | 9M | 7.8M | 7.3M | 6.8M | 6.2M | 5.2M | 4.8M | 4.1M | 7.9M | 7.3M | 6.5M |
| Receivables | — | — | — | 716.4K | — | — | — | — | — | — | — | — |
| Inventory | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 11.3M | 9.6M | 8.4M | 8M | 7M | 6.6M | 5.5M | 5.4M | 5.1M | 8M | 7.6M | 6.7M |
| Property, plant & equipment | — | — | — | — | — | — | — | — | — | — | — | — |
| Goodwill & intangibles | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | 12M | 10.6M | 9.4M | 9M | 8M | 6.9M | 5.8M | 5.4M | 5.1M | 8.4M | 7.9M | 7M |
| Accounts payable | 448.6K | 240.8K | 210.5K | 283.6K | 243.3K | 283.6K | 240.3K | 346.8K | 578.3K | 258.1K | 558.8K | 322.5K |
| Short-term debt | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current liabilities | 1.1M | 809.6K | 716.5K | 1.6M | 1M | 894.3K | 667.9K | 903.4K | 1.1M | 968K | 958.2K | 895K |
| Long-term debt | — | — | — | — | — | — | — | — | — | — | — | — |
| Total liabilities | 1.1M | 809.6K | 716.5K | 1.6M | 1M | 894.3K | 667.9K | 903.4K | 1.1M | 968K | 958.2K | 895K |
| Shareholders' equity | 10.9M | 9.8M | 8.7M | 7.4M | 7M | 6M | 5.1M | 4.5M | 4M | 7.4M | 7M | 6.1M |
| Total debt | — | — | — | — | — | — | — | — | — | — | — | — |
| Net debt | — | — | — | — | — | — | — | — | — | — | — | — |
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 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net income | -54.2M | -3.6M | -7.3M | -12.8M | -10.9M | -5.6M | -6.6M | -4.1M | -4M | -2.7M |
| Depreciation & amortization | 36.4K | 23.8K | 15.8K | 27.5K | 28.8K | 35.5K | 27K | 0 | — | — |
| Stock-based compensation | 2.3M | 1.9M | 1.4M | 853.5K | 468.9K | 410.4K | 511.5K | 283.1K | 171.8K | 64.8K |
| Change in working capital | -3.2M | 3M | -343.9K | -228K | -378.1K | 175.2K | -322.9K | -215K | 789.1K | 73.8K |
| Operating cash flow | -5.6M | 1.2M | -6.2M | -9.1M | -13.8M | -5M | -4.5M | -4.1M | -3M | -2.3M |
| Capital expenditure | -16.8K | -9.3K | 22.5K | 2K | 0 | — | — | — | — | — |
| Investing cash flow | -16.8K | -9.3K | 22.5K | 2K | 0 | — | — | — | — | — |
| Dividends paid | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | 16.5M | 0 | 0 | 16.1M | 5.4M | 11.5M | 0 | — | — | 4M |
| Net change in cash | 10.8M | 1.2M | -6.2M | 7M | -8.4M | 6.4M | -4.5M | -4.1M | -3M | 1.7M |
| Free cash flow | -8.8M | 1.5M | -6.5M | -6.4M | -4.3M | -4.7M | -5.1M | -4.1M | -2.8M | -2.3M |
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 | -1.1M | -1.2M | -1.2M | -1.3M | -436.7K | -1.1M | -903.1K | -688.7K | -509.9K | -579.1K | -456.4K | -929.7K |
| Depreciation & amortization | 0 | 0 | — | — | — | — | — | — | — | — | — | — |
| Stock-based compensation | 70.3K | 74.6K | 77.1K | 42.1K | 27.5K | 25.1K | 19.3K | 15.7K | 15.9K | 14K | 11.3K | 52K |
| Change in working capital | 197.2K | -572.8K | -93.1K | 871.1K | -578.2K | 589.3K | -226.3K | 235.5K | 208.3K | -457.7K | -9.8K | -63.3K |
| Operating cash flow | -788.1K | -1.7M | -1.2M | -360.8K | -987.3K | -440.1K | -1.1M | -383.8K | -658.2K | -242.7K | -536.4K | -875.5K |
| Capital expenditure | — | — | — | — | — | — | — | — | — | — | — | — |
| Investing cash flow | — | — | — | — | — | — | — | — | — | — | — | — |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | — | — | — | — | — | — | — | — | — | — | — | — |
| Net change in cash | -788.1K | -1.7M | -1.2M | -360.8K | -987.3K | -440.1K | -1.1M | -383.8K | -658.2K | -242.7K | -536.4K | -875.5K |
| Free cash flow | -949.6K | -793K | -1.2M | -525.1K | -459K | -674K | -1M | -383.8K | -658.2K | -242.7K | -536.4K | -875.5K |