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 % |
|---|---|---|---|---|---|---|
| Q2 26 | -$0.15 | -$0.09 | +40.0% | — | $0 | — |
| Q4 25 | -$0.06 | -$0.08 | -33.3% | — | $0 | — |
| Q3 25 | -$0.07 | -$0.29 | -314.3% | — | $0 | — |
| Q2 25 | -$0.08 | -$0.39 | -387.5% | — | $0 | — |
| Q1 25 | -$0.08 | -$0.48 | -500.0% | — | $0 | — |
| Q4 24 | -$0.08 | -$0.58 | -625.0% | — | $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 % |
|---|---|---|---|---|---|---|
| FY25 | — | -$1.23 | — | — | $0 | — |
| FY24 | — | -$1.28 | — | — | $0 | — |
| FY23 | — | -$0.34 | — | — | $0 | — |
| FY22 | — | -$0.8 | — | — | $0 | — |
| FY21 | — | -$0.1 | — | — | $0 |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| 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 | Q3 23 | Q4 23 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 |
|---|
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 0 |
| Cost of revenue | — | — | — | — | — |
| Gross profit | — | — | — | — | — |
| Gross margin | — | — | — | — | — |
| Research & development | — | — | — | — | — |
| Selling, general & administrative | 3.2M | 30M | 13M | 46.1M | 54.4M |
| Operating expenses | 3.5M | 32.7M | 13.4M | 46.6M | 54.9M |
| Operating income | -3.5M | -32.7M | -13.4M | -46.6M | -54.9M |
| Operating margin | — | — | — | — | — |
| Non-operating income, net | -68.2K | -62.5K | 10.6K | 410.2K | 3.5M |
| Pretax income | -3.9M | -32.5M | -13M | -46.2M | -51.8M |
| Income tax | 93.3K | 155.4K | 160.8K | 187.7K | 351.5K |
| Net income | -4M | -32.6M | -13.2M | -46.4M | -52.2M |
| Net margin | — | — | — | — | — |
| EBITDA | -3.5M | -32.4M | -13.4M | -47.1M | -54.3M |
| EPS | -0.1 | -0.8 | -0.34 | -1.28 | -1.23 |
| Diluted EPS | -0.1 | -0.8 | -0.34 | -1.28 | -1.23 |
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 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost of revenue | — | — | — | — | — | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — | — | — | — | — | — |
| Gross margin | — | — | — | — | — | — | — | — | — | — | — |
| Research & development | — | — | — | — | — | — | — | — | — | — | — |
| Selling, general & administrative | 1.3M | 1.7M | 11.1M | 12.1M | 21.5M | 18.5M | 14.4M | 11.9M | 9.6M | 3.9M | 3.2M |
| Operating expenses | 1.4M | 1.9M | 11.3M | 12.2M | 21.8M | 18.7M | 14.6M | 12M | 9.7M | 4.1M | 3.4M |
| Operating income | -1.4M | -1.9M | -11.3M | -12.2M | -21.8M | -18.7M | -14.6M | -12M | -9.7M | -4.1M | -3.4M |
| Operating margin | — | — | — | — | — | — | — | — | — | — | — |
| Non-operating income, net | -2K | 2K | 2.2K | -12.5K | 417.5K | 122.8K | 47.7K | -7.6K | 3.4M | -12.5M | 10.7M |
| Pretax income | -1.4M | -1.8M | -11.3M | -12.2M | -21.3M | -18.4M | -14.8M | -11.9M | -6.8M | -16.8M | 7.7M |
| Income tax | 37.9K | 54.5K | 35.8K | 34.5K | 96.8K | 41.9K | 59.7K | 31.8K | 218K | 44.4K | 60.4K |
| Net income | -1.4M | -1.9M | -11.3M | -12.2M | -21.4M | -18.4M | -14.8M | -11.9M | -7M | -16.8M | 7.6M |
| Net margin | — | — | — | — | — | — | — | — | — | — | — |
| EBITDA | -1.4M | -1.9M | -11.3M | -12.2M | -22.2M | -18.8M | -14.4M | -11.9M | -9.5M | -3.9M | -3M |
| EPS | -0.03 | — | — | -0.32 | — | -0.48 | -0.39 | -0.29 | — | 0.31 | 0.13 |
| Diluted EPS | -0.03 | — | — | -0.32 | — | -0.48 | -0.39 | -0.29 | — | 0.31 | 0.13 |
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 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|
| Market cap | — | — | — | 278.1M | — | 137.5M |
| Enterprise value | — | — | — | 259.8M | — | 71M |
| Shares outstanding | 40.6M | 40.6M | 38.3M | 36.1M | 42.5M | 42.5M |
| Metric | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | -1.8 |
| P/B | — | — | — | 2.05 | — | 0.68 |
| EV/EBITDA | — | — | — | -5.52 | — | -1.31 |
| Earnings yield | — | — | — | — | — | -55.4% |
| FCF yield | — | — | — | -5.42% | — | -10.1% |
| PEG | — | — | — | — | — | 0.01 |
| Metric | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | — | 0% |
| Net margin | — | — | — | — | — | 0% |
| ROE | -3.17% | -25.1% | -10.2% | -34.3% | -33% | -15.8% |
| ROA | -3.08% | -24.5% | -9.92% | -32.9% | -30.9% | -9.75% |
| ROIC | -3.09% | -27.6% | -10.5% | -39.8% | -42% | -20.8% |
| Return on tangible assets | -3.08% | -24.5% | -9.92% | -32.9% | -30.9% | -12.4% |
| Metric | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|
| Current ratio | 8.9 | 10.5 | 1.64 | 6.79 | 10.8 | 42.2 |
| Quick ratio | 8.9 | 10.5 | 1.64 | 6.79 | 10.8 | 42.2 |
| Debt / equity | — | — | — | 0 | 0 | 0 |
| Debt / assets | — | — | — | 0 | 0 | 0 |
| Net debt / EBITDA | — | — | — | 0.39 | 0.5 | 2.66 |
| Interest coverage | -8.71 | — | — | — | -50.4 | -26.6 |
| Effective tax rate | 0% | 0% | 0% | 0% | 0% | 0% |
| Metric | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|
| Revenue per share | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (basic) | -0.1 | -0.8 | -0.34 | -1.28 | -1.23 | -1.23 |
| EPS (diluted) | -0.1 | -0.8 | -0.34 | -1.28 | -1.23 | -0.53 |
| Book value per share | 3.14 | 3.21 | 3.37 | 3.75 | 3.71 | 3.48 |
| FCF per share | -0.27 | -0.29 | -0.32 | -0.42 | -0.57 | -0.3 |
| Cash per share | 0.37 | 0.29 | 0.06 | 0.52 | 0.65 | 1.22 |
| Capex per share | 0.03 | 0.09 | 0.1 | 0.1 | — | — |
| Metric | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|
| Capex / operating cash flow | -31.4% | -50.7% | -45.6% | -34.6% | — | — |
| Payout ratio | — | — | — | — | — | 0% |
| — |
| Q2 26 |
|---|
| Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| YoY change | — | — | — | 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 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Cash & short-term investments | 15.1M | 11.8M | 2.5M | 18.9M | 27.8M |
| Receivables | — | — | — | — | — |
| Inventory | — | — | — | — | — |
| Total current assets | 17.9M | 12.1M | 2.8M | 21M | 29.4M |
| Property, plant & equipment | 113.1M | 121.2M | 130.3M | 120.1M | 139.7M |
| Goodwill & intangibles | — | — | — | — | — |
| Total assets | 130.9M | 133.2M | 133.1M | 141.1M | 169M |
| Accounts payable | 1M | 610.4K | 852.2K | 1.3M | 2M |
| Short-term debt | — | — | — | 70.3K | 100K |
| Total current liabilities | 2M | 1.2M | 1.7M | 3.1M | 2.7M |
| Long-term debt | — | — | — | 535.3K | 454.2K |
| Total liabilities | 3.6M | 3M | 3.9M | 5.6M | 11.2M |
| Shareholders' equity | 127.3M | 130.2M | 129.2M | 135.4M | 157.8M |
| Total debt | — | — | — | 605.6K | 554.1K |
| Net debt | — | — | — | -18.3M | -27.2M |
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 23 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 2.5M | 1.6M | 1.3M | 18.9M | 13.7M | 8.5M | 9.3M | 27.8M | 22.5M | 75.7M |
| Receivables | — | — | — | — | — | — | — | — | 114.8K | 159.1K |
| Inventory | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 2.8M | 2M | 1.6M | 21M | 16.4M | 9.8M | 10M | 29.4M | 23.5M | 76.4M |
| Property, plant & equipment | 130.3M | 121.5M | 124.4M | 120.1M | 127.3M | 136.3M | 141.7M | 139.7M | 146.6M | 151.2M |
| Goodwill & intangibles | — | — | — | — | — | — | — | — | — | — |
| Total assets | 133.1M | 123.5M | 126.1M | 141.1M | 143.7M | 146.1M | 151.7M | 169M | 170.2M | 227.7M |
| Accounts payable | 852.2K | 2M | 3.7M | 1.3M | 2.4M | 2.4M | 990K | 2M | 988.3K | 841.6K |
| Short-term debt | — | — | — | 70.3K | 80.4K | 87.2K | 97.7K | 100K | 102.5K | 106.5K |
| Total current liabilities | 1.7M | 3.4M | 5.1M | 3.1M | 3M | 3.2M | 1.7M | 2.7M | 1.8M | 1.8M |
| Long-term debt | — | — | — | 535.3K | 605.6K | 614.6K | 557.7K | 454.2K | 409.4K | 385K |
| Total liabilities | 3.9M | 5.4M | 7.1M | 5.6M | 5.7M | 6M | 4.6M | 11.2M | 22.9M | 12.3M |
| Shareholders' equity | 129.2M | 118.1M | 119M | 135.4M | 138M | 140M | 147.1M | 157.8M | 147.3M | 215.4M |
| Total debt | — | — | — | 605.6K | 686.1K | 701.8K | 655.4K | 554.1K | 511.9K | 491.4K |
| Net debt | — | — | — | -18.3M | -13M | -7.8M | -8.7M | -27.2M | -22M | -75.2M |
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 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Net income | -4M | -32.6M | -13.2M | -46.4M | -52.2M |
| Depreciation & amortization | — | — | — | — | — |
| Stock-based compensation | 357.2K | 24.5M | 4.7M | 35.7M | 42.2M |
| Change in working capital | -539.4K | 890.3K | 19.6K | -449.7K | 346.4K |
| Operating cash flow | -3.7M | -7.4M | -8.6M | -11M | -13.2M |
| Capital expenditure | -1.2M | -3.7M | -3.9M | -3.8M | — |
| Investing cash flow | -1.2M | -3.7M | -3.9M | -3.8M | — |
| Dividends paid | — | — | — | — | — |
| Share repurchases | — | — | — | — | — |
| Financing cash flow | 25.9M | 8.3M | 0 | 27.9M | 32.4M |
| Net change in cash | 21M | -2.7M | -12.6M | 13.2M | 19.2M |
| Free cash flow | -10.8M | -11.9M | -12.1M | -15.1M | -24M |
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 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income | -1.4M | -1.9M | -11.3M | -12.2M | -21.4M | -18.4M | -14.8M | -11.9M | -7M | -16.8M | 7.6M |
| Depreciation & amortization | — | — | — | — | — | — | — | — | — | — | — |
| Stock-based compensation | 486.4K | 54.3K | 9.3M | 10.8M | 15M | 15M | 11.6M | 9.7M | 5.9M | 1.7M | 785.8K |
| Change in working capital | 16.8K | -78.2K | -53.5K | -50.6K | -402.2K | -23.9K | 148.2K | 156.5K | 65.5K | 133.8K | -44.3K |
| Operating cash flow | -928.6K | -1.9M | -2.1M | -1.4M | -6.8M | -3.6M | -1.4M | -3.2M | -4.3M | -2.9M | -2.2M |
| Capital expenditure | -955.9K | -1.5M | -1.2M | -1.6M | -426.3K | -1.1M | — | — | — | — | — |
| Investing cash flow | -955.9K | -1.5M | -1.2M | -1.6M | -426.3K | -1.1M | — | — | — | — | — |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | — | — | — | — | — | -26K | -40K | 5.9M | 26.6M | -50.4K | -41.2K |
| Net change in cash | -1.9M | -3.4M | -3.2M | -3M | -7.2M | -4.7M | -1.4M | 2.8M | 22.2M | -3M | -2.2M |
| Free cash flow | -2M | -3M | -1.6M | -1.3M | -10.9M | -5.4M | -5.3M | -5.2M | -8.2M | -5.4M | -6M |