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 % |
|---|---|---|---|---|---|---|
| Q3 25 | -$0.36 | -$0.27 | +25.0% | — | $65.6K | — |
| Q2 25 | -$0.41 | -$0.43 | -4.9% | — | $53.4K | — |
| Q1 25 | -$0.52 | -$1.12 | -115.4% | — | $0 | — |
| Q4 24 | -$0.56 | -$0.36 | +35.7% | — | $90K | — |
| Q3 24 | -$0.39 | -$0.67 | -71.8% | — | $31.5K | — |
| Q2 24 | -$0.42 | -$2.78 | -561.9% | — | $0 | — |
| Q1 24 | -$0.8 | -$0.47 | +41.3% | — | $35.7K | — |
| Q4 23 | -$0.91 | -$0.96 | -5.5% | — | $11.8K | — |
| Q3 23 | -$1.14 | -$1.05 | +7.9% | — | $11.8K | — |
| Q2 23 | -$0.2 | -$0.22 | -10.0% | — | $4K | — |
| Q1 23 | -$0.24 | -$0.21 | +12.5% | — | $0 | — |
| Q4 22 | -$0.21 | -$0.28 | -33.3% | — | $0 | — |
| Q3 22 | -$0.23 | -$0.21 | +8.7% | — | $0 | — |
| Q2 22 | -$0.21 | -$0.22 | -4.8% | — | $0 | — |
| Q1 22 | -$0.22 | -$0.39 | -77.3% | — | $0 | — |
| Q3 21 | — | -$0.21 | — | — | $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 | — | -$4.23 | — | — | $157.2K | — |
| FY23 | — | -$4.6 | — | — | $27.6K | — |
| FY22 | — | -$5.57 | — | — | $0 | — |
| FY21 | — | -$6.9 | — | — | $0 |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | FY15 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | — | $0 | $0 | $0 | $0 | $20K | $0 | $0 | $27.6K | $157.2K |
| YoY change | — | — | 0% | 0% | 0% | +InfinityT% | -100% | 0% | +InfinityT% | +468.6% |
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 | FY15 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | — | 0 | 0 | 0 | 0 | 20K | 0 | 0 | 27.6K | 157.2K |
| Cost of revenue | — | — | — | — | — | — | — | 0 | 16K | 108.3K |
| Gross profit | — | — | — | — | — | — | — | 0 | 11.6K | 49K |
| Gross margin | — | — | — | — | — | — | — | — | 42% | 31.1% |
| Research & development | 1M | 789K | 2.4M | 2.8M | 2.3M | 3.8M | 2M | 2.2M | 1.4M | 3.1M |
| Selling, general & administrative | 2M | 2.7M | 3.9M | 3.3M | 6M | 4.8M | 6.7M | 6.5M | 5.9M | 10.3M |
| Operating expenses | 3.1M | 3.5M | 6.3M | 6.1M | 8.4M | 8.6M | 8.6M | 8.7M | 7.3M | 13.4M |
| Operating income | -3.1M | -3.5M | -6.3M | -6.1M | -8.4M | -8.6M | -8.6M | -8.7M | -7.3M | -13.4M |
| Operating margin | — | — | — | — | — | -42.8K% | — | — | -26.3K% | -8.5K% |
| Non-operating income, net | -1.8M | -1.4M | -399.1K | — | — | — | 122.5K | — | — | — |
| Pretax income | -5.8M | -6.1M | -10M | -14.6M | -11.5M | -9.1M | -8.8M | -8.7M | -7.8M | -13.4M |
| Income tax | — | — | — | — | — | — | — | — | — | — |
| Net income | -5.8M | -6.1M | -10M | -14.6M | -11.5M | -9.1M | -8.8M | -8.7M | -7.8M | -13.4M |
| Net margin | — | — | — | — | — | -45.5K% | — | — | -28.1K% | -8.5K% |
| EBITDA | -3.2M | -3.6M | -6.7M | -6.5M | -8.4M | -8.6M | -8.6M | -8.7M | -7.3M | -13.4M |
| EPS | -19.2 | -24 | -33.6 | -43.2 | -19.2 | -10.6 | -6.9 | -5.57 | -4.6 | -4.23 |
| Diluted EPS | -19.2 | -24 | -33.6 | -43.2 | -19.2 | -10.6 | -6.9 | -5.57 | -4.6 | -4.23 |
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | Q4 22 | Q1 23 | Q2 23 | Q3 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 4K | 11.8K | 11.8K | 35.7K | 0 | 31.5K | 90K | 0 | 53.4K | 65.6K |
| Cost of revenue | — | 0 | 701 | 7.7K | 7.7K | 23.2K | 0 | 22.1K | 63K | 0 | 35.5K | 44.3K |
| Gross profit | — | 0 | 3.3K | 4.1K | 4.1K | 12.5K | 0 | 9.4K | 27K | 0 | 17.9K | 21.3K |
| Gross margin | — | — | 82.7% | 35% | 35% | 35% | — | 30% | 30% | — | 33.6% | 32.4% |
| Research & development | 519.3K | 401.8K | 442.1K | 220.7K | 312.5K | 312.8K | 2.3M | 326.4K | 243.5K | 2.8M | 479.7K | 203.4K |
| Selling, general & administrative | 2.1M | 1.6M | 1.4M | 1.4M | 1.6M | 975.6K | 6M | 1.9M | 1.4M | 1.4M | 1.2M | 836.2K |
| Operating expenses | 2.6M | 2M | 1.8M | 1.6M | 1.9M | 1.3M | 8.2M | 2.3M | 1.6M | 4.2M | 1.7M | 1M |
| Operating income | -2.6M | -2M | -1.8M | -1.6M | -1.9M | -1.3M | -8.2M | -2.3M | -1.6M | -4.2M | -1.6M | -1M |
| Operating margin | — | — | -45K% | -13.3K% | -16.1K% | -3.6K% | — | -7.2K% | -1.8K% | — | -3.1K% | -1.6K% |
| Non-operating income, net | — | — | — | — | — | — | — | — | — | — | — | -1.8K |
| Pretax income | -2.6M | -2M | -2.1M | -1.8M | -1.9M | -1.3M | -8.2M | -2.3M | -1.6M | -4.2M | -1.6M | -1M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — |
| Net income | -2.6M | -2M | -2.1M | -1.8M | -1.9M | -1.3M | -8.2M | -2.3M | -1.6M | -4.2M | -1.6M | -1M |
| Net margin | — | — | -51.1K% | -15.5K% | -16.2K% | -3.6K% | — | -7.2K% | -1.8K% | — | -3.1K% | -1.6K% |
| EBITDA | -2.6M | -2M | -1.8M | -1.6M | -1.9M | -1.3M | -8.2M | -2.3M | -1.6M | -4.2M | -1.6M | -1M |
| EPS | — | -1.26 | -1.32 | -1.05 | — | -0.47 | -2.78 | -0.67 | — | -1.12 | -0.43 | -0.27 |
| Diluted EPS | — | -1.26 | -1.32 | -1.05 | — | -0.47 | -2.78 | -0.67 | — | -1.12 | -0.43 | -0.27 |
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 | FY15 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market cap | — | — | — | — | — | — | — | — | — | — | 13.9M |
| Enterprise value | — | — | — | — | — | — | — | — | — | — | 13.6M |
| Shares outstanding | 272.8K | 278.8K | 290.1K | 326.4K | 575.8K | 860.5K | 1.3M | 1.6M | 1.7M | 3.2M | 3.2M |
| Metric | FY15 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | — | — | — | — | -0.78 |
| P/S | — | — | — | — | — | — | — | — | — | — | 66.5 |
| P/B | — | — | — | — | — | — | — | — | — | — | -3.83 |
| EV/EBITDA | — | — | — | — | — | — | — | — | — | — | -1.02 |
| EV/Sales | — | — | — | — | — | — | — | — | — | — | 65 |
| Earnings yield | — | — | — | — | — | — | — | — | — | — | -128.2% |
| FCF yield | — | — | — | — | — | — | — | — | — | — | -18.8% |
| PEG | — | — | — | — | — | — | — | — | — | — | 0.01 |
| Metric | FY15 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross margin | — | — | — | — | — | — | — | — | 42% | 31.1% | 32.4% |
| Operating margin | — | — | — | — | — | -42.8K% | — | — | -26.3K% | -8.5K% | -1.6K% |
| Net margin | — | — | — | — | — | -45.5K% | — | — | -28.1K% | -8.5K% | 31.1% |
| ROE | 61% | 44.5% | 61.6% | 65.7% | 138% | 80.5% | -144.9% | 82.3K% | 352.6% | 2.6K% | 2.6K% |
| ROA | -8K% | -821.9% | -3K% | -3.6K% | -3.1K% | -4.1K% | -97.4% | -411.9% | -1.4K% | -814.6% | -1K% |
| Return on tangible assets | -8K% | -821.9% | -3K% | -3.6K% | -3.1K% | -4.1K% | -97.4% | -411.9% | -1.4K% | -814.6% | -1.5K% |
| Metric | FY15 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current ratio | 0.01 | 0.05 | 0.07 | 0.02 | 0.04 | 0.01 | 3.04 | 0.94 | 0.15 | 0.8 | 0.08 |
| Quick ratio | 0.01 | 0.05 | 0.07 | 0.02 | 0.04 | 0.01 | 3.04 | 0.94 | 0.15 | 0.8 | 0.08 |
| Debt / equity | -0.65 | -0.76 | -0.86 | -0.81 | -0.63 | -0.47 | 0.04 | -41.9 | -0.16 | -0.49 | -0 |
| Debt / assets | 84.8 | 14 | 42 | 44.1 | 14.3 | 24.3 | 0.03 | 0.21 | 0.62 | 0.15 | 1.47 |
| Net debt / EBITDA | -1.91 | -2.74 | -2.05 | -2.72 | -0.59 | -0.61 | 1 | 0.16 | -0.01 | 0.1 | -0.09 |
| Interest coverage | -7.03 | -4.73 | -2.4 | -0.81 | -2.64 | -15.6 | -36.5 | -655.6 | -14.1 | -582.5 | -305.5 |
| Metric | FY15 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue per share | — | 0 | 0 | 0 | 0 | 0.02 | 0 | 0 | 0.02 | 0.05 | 0.06 |
| EPS (basic) | -19.2 | -24 | -33.6 | -43.2 | -19.2 | -10.6 | -6.9 | -5.57 | -4.6 | -4.23 | -4.23 |
| EPS (diluted) | -19.2 | -24 | -33.6 | -43.2 | -19.2 | -10.6 | -6.9 | -5.57 | -4.6 | -4.23 | -2.18 |
| Book value per share | -34.8 | -48.8 | -56.2 | -68.3 | -14.5 | -13.1 | 4.75 | -0.01 | -1.31 | -0.16 | -0.86 |
| FCF per share | -8.42 | -9.12 | -14.6 | -15.3 | -6.44 | -3.01 | -5.35 | -4.52 | -3.43 | -1.36 | -0.81 |
| Cash per share | 0.06 | 1.82 | 1.09 | 1.19 | 0.6 | 0.16 | 7 | 1.15 | 0.16 | 0.49 | 0.01 |
| Metric | FY15 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Payout ratio | — | — | — | — | — | — | — | — | — | — | 0% |
| — |
| FY20 | — | -$10.6 | — | — | $20K | — |
| FY19 | — | -$19.2 | — | — | $0 | — |
| FY18 | — | -$43.2 | — | — | $0 | — |
| FY17 | — | -$33.6 | — | — | $0 | — |
| FY16 | — | -$24 | — | — | $0 | — |
| FY15 | — | -$19.2 | — | — | — | — |
| Period | Q4 22 | Q1 23 | Q2 23 | Q3 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $0 | $0 | $4K | $11.8K | $11.8K | $35.7K | $0 | $31.5K | $90K | $0 | $53.4K | $65.6K |
| YoY change | 0% | 0% | +InfinityT% | +InfinityT% | +InfinityT% | +InfinityT% | -100% | +166.9% | +662.7% | -100% | +InfinityT% | +108.3% |
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 | FY15 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 16.6K | 507K | 317.1K | 388.9K | 346.1K | 137.9K | 8.9M | 1.8M | 274.4K | 1.5M |
| Receivables | — | — | — | — | — | — | — | 0 | 3.7K | 2.2K |
| Inventory | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 28.9K | 520.4K | 332.3K | 411.5K | 369.4K | 167.8K | 9M | 1.9M | 425.4K | 1.6M |
| Property, plant & equipment | 43.8K | 18.8K | 0 | 0 | 0 | 49.4K | -52.8K | 189.3K | 98.3K | — |
| Goodwill & intangibles | — | — | — | — | — | — | — | — | — | — |
| Total assets | 72.7K | 737.3K | 332.3K | 411.5K | 369.4K | 220.2K | 9M | 2.1M | 555.7K | 1.6M |
| Accounts payable | 1.1M | 666.4K | 1M | 854.9K | 1.4M | 1.6M | 654.3K | 490.7K | 1.2M | 547.1K |
| Short-term debt | 1.6M | 7.1M | 1.9M | 18.2M | 5.3M | 5.2M | 255.2K | 339.3K | 346.3K | 138.2K |
| Total current liabilities | 5M | 11.2M | 4.6M | 22.7M | 8.7M | 11.4M | 2.9M | 2M | 2.8M | 2M |
| Long-term debt | 4.6M | 3.2M | 12.1M | — | 0 | 136.9K | 0 | 105.9K | 0 | 116.2K |
| Total liabilities | 9.6M | 14.4M | 16.6M | 22.7M | 8.7M | 11.5M | 2.9M | 2.1M | 2.8M | 2.2M |
| Shareholders' equity | -9.5M | -13.6M | -16.3M | -22.3M | -8.3M | -11.3M | 6M | -10.6K | -2.2M | -514.9K |
| Total debt | 6.2M | 10.3M | 14M | 18.2M | 5.3M | 5.4M | 255.2K | 445.2K | 346.3K | 254.4K |
| Net debt | 6.1M | 9.8M | 13.6M | 17.8M | 4.9M | 5.2M | -8.6M | -1.4M | 72K | -1.3M |
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 | Q4 22 | Q1 23 | Q2 23 | Q3 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 1.8M | 208.6K | 21.1K | 1.5M | 274.4K | 138.6K | 2.5K | 159.4K | 1.5M | 517.2K | 9.8K | 57.2K |
| Receivables | 0 | — | — | 2.6K | 3.7K | 3.7K | 0 | 27.8K | 2.2K | 0 | 34.4K | 0 |
| Inventory | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 1.9M | 928.2K | 530.1K | 1.9M | 425.4K | 710.6K | 495.1K | 436.5K | 1.6M | 1M | 409.9K | 281.4K |
| Property, plant & equipment | 189.3K | 167.7K | 0 | 0 | 98.3K | 73.7K | 48.4K | 22.3K | — | 0 | 0 | 0 |
| Goodwill & intangibles | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | 2.1M | 1.1M | 710.3K | 2.1M | 555.7K | 816.4K | 575.6K | 495.6K | 1.6M | 1.3M | 703.3K | 559.5K |
| Accounts payable | 490.7K | 670.3K | 1.3M | 643.8K | 1.2M | 917K | 1.2M | 787.6K | 547.1K | 655.3K | 860.9K | 993K |
| Short-term debt | 339.3K | 881.4K | 1.5M | 1.5M | 346.3K | 779.1K | 578.5K | 377K | 138.2K | 638.7K | 494.6K | 587.9K |
| Total current liabilities | 2M | 2.8M | 3.8M | 3.2M | 2.8M | 3.1M | 2.9M | 2.6M | 2M | 2.6M | 3M | 3.6M |
| Long-term debt | 105.9K | 79K | 50.9K | 22K | 0 | — | — | — | 116.2K | 335.9K | 284.5K | 231.8K |
| Total liabilities | 2.1M | 2.9M | 3.9M | 3.2M | 2.8M | 3.1M | 2.9M | 2.6M | 2.2M | 2.9M | 3.2M | 3.8M |
| Shareholders' equity | -10.6K | -1.7M | -3.1M | -1.1M | -2.2M | -2.3M | -2.3M | -2.1M | -514.9K | -1.6M | -2.5M | -3.3M |
| Total debt | 445.2K | 960.4K | 1.5M | 1.5M | 346.3K | 779.1K | 578.5K | 377K | 254.4K | 974.6K | 779.1K | 819.7K |
| Net debt | -1.4M | 751.8K | 1.5M | 17.5K | 72K | 640.4K | 576K | 217.6K | -1.3M | 457.4K | 769.3K | 762.5K |
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 | FY15 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net income | -5.8M | -6.1M | -10M | -14.6M | -11.5M | -9.1M | -8.8M | -8.7M | -7.8M | -13.4M |
| Depreciation & amortization | 25K | 25K | 18.8K | 0 | — | — | — | — | — | — |
| Stock-based compensation | 398K | 1.3M | — | — | — | 1.2M | 3M | 2.7M | 867.4K | 9.5M |
| Change in working capital | -21.4K | -448.1K | -124.7K | -119.3K | 950K | 2M | -849.2K | -215.4K | 572.5K | -528.7K |
| Operating cash flow | -5.1M | -2.4M | -8.7M | -8.3M | -6.2M | -5.5M | -7.1M | -7M | -6.5M | -4.3M |
| Capital expenditure | — | — | — | — | — | — | — | — | — | — |
| Investing cash flow | — | — | — | — | — | — | — | — | — | — |
| Dividends paid | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | 2.3M | 2.9M | 4.1M | 6.8M | 2.7M | 780.6K | 15.5M | 0 | -1.1M | 5.6M |
| Net change in cash | -2.8M | 576.4K | -4.7M | -1.4M | -3.5M | -4.8M | 8.4M | -7M | -7.6M | 1.3M |
| Free cash flow | -2.3M | -2.5M | -4.2M | -5M | -3.7M | -2.6M | -6.8M | -7.1M | -5.8M | -4.3M |
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 | Q4 22 | Q1 23 | Q2 23 | Q3 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income | -2.6M | -2M | -2.1M | -1.8M | -1.9M | -1.3M | -8.2M | -2.3M | -1.6M | -4.2M | -1.6M | -1M |
| Depreciation & amortization | — | — | — | — | — | — | — | — | — | — | — | — |
| Stock-based compensation | 1.1M | 242.1K | 227.8K | 240.8K | 156.7K | 112.1K | 7.5M | 1.1M | 745.1K | 600.5K | 336.7K | 27K |
| Change in working capital | -135.8K | 156.5K | 270.2K | -598.7K | 747.4K | -276.1K | 231.5K | -305.7K | -178.5K | -84.7K | 271.5K | 344.6K |
| Operating cash flow | -1.7M | -1.7M | -1.6M | -2.1M | -1.1M | -1.4M | -429.9K | -1.5M | -905.7K | -1.4M | -476.4K | -266.6K |
| Capital expenditure | — | — | — | — | — | — | — | — | — | — | — | — |
| Investing cash flow | — | — | — | — | — | — | — | — | — | — | — | — |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | -139.7K | 471K | -403.7K | 596.3K | -2.4M | 1.5M | 315K | -939.5K | 4.3M | 356.2K | -177.4K | -82.5K |
| Net change in cash | -1.9M | -1.2M | -2M | -1.5M | -3.5M | 88K | -115K | -2.4M | 3.4M | -1.1M | -653.8K | -349.1K |
| Free cash flow | -1.4M | -2.1M | -985.7K | -2M | -715.7K | -1.7M | -623.7K | -1.1M | -905.7K | -1.4M | -476.4K | -266.6K |