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 23 | -$7.4 | -$60 | -710.8% | — | $155K | — |
| Q3 23 | -$0.44 | -$0.44 | 0.0% | — | $196K | — |
| Q2 23 | -$0.42 | -$0.42 | 0.0% | — | $196K | — |
| Q1 23 | -$1.52 | -$0.65 | +57.2% | — | $196K | — |
| Q4 22 | -$0.98 | -$1.11 | -13.3% | — | $197K | — |
| Q3 22 | -$21 | -$60 | -185.7% | — | $204K | — |
| Q2 22 | -$1.05 | -$0.8 | +23.8% | — | $204K | — |
| Q1 22 | -$1.4 | -$0.9 | +35.7% | — | $205K | — |
| Q4 21 | -$36 | -$60 | -66.7% | — | $204K | — |
| Q3 21 | — | -$60 | — | — | $251K | — |
| Q2 21 | -$10.7 | -$60 | -462.3% | — | $250K | — |
| Q1 21 | -$1.45 | -$1.2 | +17.2% | — | $148K | — |
| Q4 20 | -$32 | -$60 | -87.5% | — | $150K | — |
| Q3 20 | -$48 | -$47.8 | +0.5% | — | $211K | — |
| Q2 20 | -$72 | -$60 | +16.7% | — | $204K | — |
| Q1 20 | -$6.6 | -$9 | -36.4% | — | $198K | — |
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 | — | -$10.7 | — | — | $405K | — |
| FY24 | — | -$19.5 | — | — | $674K | — |
| FY23 | — | -$32.3 | — | — | $743K | — |
| FY22 | — | -$3 | — | — | $810K |
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 | $165K | $789K | $3.8M | $2M | $763K | $853K | $810K | $743K | $674K | $405K |
| YoY change | +0.17% | +378.2% | +384.2% | -46.8% | -62.5% | +11.8% | -5.04% | -8.27% | -9.29% | -39.9% |
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 | 165K | 789K | 3.8M | 2M | 763K | 853K | 810K | 743K | 674K | 405K |
| Cost of revenue | — | — | — | — | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — | — | — | — | — |
| Gross margin | — | — | — | — | — | — | — | — | — | — |
| Research & development | 6.1M | 5.1M | 6.1M | 11M | 12M | 9.8M | 7.8M | 6M | 5.8M | 6.7M |
| Selling, general & administrative | 2.6M | 2.8M | 3.2M | 3.1M | 3M | 3.8M | 3.1M | 3M | 3M | 3.7M |
| Operating expenses | 8.8M | 8M | 9.3M | 14.1M | 14.9M | 13.7M | 10.9M | 8.9M | 8.8M | 10.4M |
| Operating income | -8.7M | -7.2M | -5.4M | -12M | -14.1M | -12.8M | -10.1M | -8.2M | -8.1M | -9.9M |
| Operating margin | -5.3K% | -910.6% | -141.7% | -590.9% | -1.9K% | -1.5K% | -1.2K% | -1.1K% | -1.2K% | -2.5K% |
| Non-operating income, net | 269K | 740K | -759K | -242K | 38K | 221K | -283K | 69K | -27K | -148K |
| Pretax income | -8.4M | -6.4M | -6.6M | -12.6M | -14.4M | -12.6M | -10.2M | -7.6M | -7.9M | -9.8M |
| Income tax | 29K | 29K | 4K | 0 | 0 | 0 | 0 | 0 | — | — |
| Net income | -8.4M | -6.4M | -6.6M | -12.6M | -14.4M | -12.6M | -10.2M | -7.6M | -7.9M | -9.8M |
| Net margin | -5.1K% | -815.3% | -172% | -621.3% | -1.9K% | -1.5K% | -1.3K% | -1K% | -1.2K% | -2.4K% |
| EBITDA | -8.6M | -6.4M | -5.4M | -11.8M | -14.2M | -13M | -9.8M | -8.2M | -8.1M | -9.8M |
| EPS | -90 | -57 | -51 | -42 | -12 | -9 | -3 | -32.3 | -19.5 | -10.7 |
| Diluted EPS | -90 | -57 | -51 | -42 | -12 | -9 | -3 | -32.3 | -19.5 | -10.7 |
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | Q1 21 | Q2 21 | Q3 21 | Q4 21 | Q1 22 | Q2 22 | Q3 22 | Q4 22 | Q1 23 | Q2 23 | Q3 23 | Q4 23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 148K | 250K | 251K | 204K | 205K | 204K | 204K | 197K | 196K | 196K | 196K | 155K |
| Cost of revenue | — | — | — | — | — | — | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — | — | — | — | — | — | — |
| Gross margin | — | — | — | — | — | — | — | — | — | — | — | — |
| Research & development | 1.3M | 2.5M | 2.9M | 3.1M | 1.8M | 1.5M | 2M | 2.5M | 2.1M | 1.4M | 1.3M | 1.3M |
| Selling, general & administrative | 1M | 876K | 822K | 1.1M | 754K | 822K | 741K | 826K | 847K | 624K | 762K | 722K |
| Operating expenses | 2.3M | 3.4M | 3.8M | 4.2M | 2.6M | 2.3M | 2.8M | 3.3M | 2.9M | 2M | 2.1M | 2M |
| Operating income | -2.2M | -3.1M | -3.5M | -4M | -2.4M | -2.1M | -2.6M | -3.1M | -2.7M | -1.8M | -1.9M | -1.8M |
| Operating margin | -1.5K% | -1.3K% | -1.4K% | -2K% | -1.2K% | -1K% | -1.3K% | -1.6K% | -1.4K% | -910.2% | -951.5% | -1.2K% |
| Non-operating income, net | — | — | — | — | — | — | — | — | — | — | — | — |
| Pretax income | -1.9M | -3.2M | -3.4M | -4.1M | -2.4M | -2.2M | -2.5M | -3M | -2.5M | -1.7M | -1.8M | -1.7M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — |
| Net income | -1.9M | -3.2M | -3.4M | -4.1M | -2.4M | -2.2M | -2.5M | -3M | -2.5M | -1.7M | -1.8M | -1.7M |
| Net margin | -1.3K% | -1.3K% | -1.4K% | -2K% | -1.2K% | -1.1K% | -1.2K% | -1.5K% | -1.3K% | -852% | -899% | -1.1K% |
| EBITDA | -2.2M | -3.1M | -3.5M | -4M | -2.4M | -2.1M | -2.6M | -3.1M | -2.7M | -1.8M | -1.9M | -1.8M |
| EPS | -1.16 | — | — | — | -0.9 | — | — | — | -0.65 | — | — | — |
| Diluted EPS | -1.16 | — | — | — | -0.9 | — | — | — | -0.65 | — | — | — |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Shares outstanding | 92.3K | 108.4K | 129.7K | 286.4K | 1.2M | 1.8M | 2.7M | 236.7K | 402.9K | 914.6K | 914.6K |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating margin | -5.3K% | -910.6% | -141.7% | -590.9% | -1.9K% | -1.5K% | -1.2K% | -1.1K% | -1.2K% | -2.5K% | -2.5K% |
| Net margin | -5.1K% | -815.3% | -172% | -621.3% | -1.9K% | -1.5K% | -1.3K% | -1K% | -1.2K% | -2.4K% | -2.4K% |
| ROE | -216.6% | -128.3% | -217.9% | -517% | -237.8% | -87.7% | -227.5% | -122.3% | -145% | -175.8% | -175.8% |
| ROA | -82.6% | -84.5% | -82.6% | -154.5% | -151.7% | -62.3% | -109.6% | -76.4% | -86.4% | -103.3% | -103.3% |
| ROIC | 204.9% | -476.1% | 620.2% | 4.9K% | 642.1% | 277.2% | 292.4% | 310.5% | — | — | — |
| Return on tangible assets | -82.6% | -84.5% | -82.6% | -154.5% | -151.7% | -62.3% | -109.6% | -76.4% | -86.4% | -103.3% | -103.3% |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current ratio | 4.04 | 3.8 | 2.53 | 2.18 | 7.41 | 7.35 | 3.66 | 4.9 | 4.38 | 3.46 | 3.46 |
| Quick ratio | 4.04 | 3.8 | 2.53 | 2.18 | 7.41 | 7.35 | 3.66 | 4.9 | 4.38 | 3.46 | 3.46 |
| Debt / equity | — | — | 0 | 0.03 | 0.01 | 0.01 | 0.01 | 0.01 | 0.02 | 0.01 | 0.01 |
| Debt / assets | — | — | 0 | 0.01 | 0.01 | 0.01 | 0.01 | 0 | 0.01 | 0.01 | 0.01 |
| Net debt / EBITDA | — | — | 0.72 | 0.23 | 0.58 | 1.46 | 0.81 | 1.08 | 0.96 | 0.87 | 0.87 |
| Interest coverage | — | — | -14.4 | -27.6 | -39 | — | — | — | — | — | — |
| Effective tax rate | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | — | — | — |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue per share | 1.79 | 7.28 | 29.5 | 7.1 | 0.64 | 0.46 | 0.3 | 3.14 | 1.67 | 0.44 | 0.44 |
| EPS (basic) | -90 | -57 | -51 | -42 | -12 | -9 | -3 | -32.3 | -19.5 | -10.7 | -10.7 |
| EPS (diluted) | -90 | -57 | -51 | -42 | -12 | -9 | -3 | -32.3 | -19.5 | -10.7 | -10.7 |
| Book value per share | 42 | 46.2 | 23.3 | 8.53 | 5.08 | 7.8 | 1.64 | 26.4 | 13.5 | 6.11 | 6.11 |
| FCF per share | -94.5 | -82.8 | -32.3 | -38.7 | -10.1 | -5.35 | -3.98 | -35.7 | -19 | -9.79 | -9.79 |
| Cash per share | 87.9 | 32.3 | 30 | 9.64 | 6.98 | 10.4 | 2.94 | 37.7 | 19.6 | 9.34 | 9.34 |
| Capex per share | 0.11 | 0.06 | 0.25 | 0.01 | 0.02 | 0.01 | 0 | — | — | — | — |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Capex / revenue | 6.06% | 0.89% | 0.86% | 0.15% | 3.41% | 1.29% | 1.11% | — | — | — | — |
| Capex / operating cash flow | -0.1% | -0.06% | -0.66% | -0.03% | -0.22% | -0.11% | -0.08% | — | — | — | — |
Split-adjusted payout per share by ex-dividend date.
| Ex-dividend | Amount |
|---|---|
| Nov 12, 2013 | $25.4433 |
| Date | Ratio |
|---|---|
| Jan 5, 2026 | 1:20 |
| Jan 9, 2023 | 1:10 |
| May 10, 2019 | 1:15 |
| — |
| FY21 | — | -$9 | — | — | $853K | — |
| FY20 | — | -$12 | — | — | $763K | — |
| FY19 | — | -$42 | — | — | $2M | — |
| FY18 | — | -$51 | — | — | $3.8M | — |
| FY17 | — | -$57 | — | — | $789K | — |
| FY16 | — | -$90 | — | — | $165K | — |
| Period | Q1 21 | Q2 21 | Q3 21 | Q4 21 | Q1 22 | Q2 22 | Q3 22 | Q4 22 | Q1 23 | Q2 23 | Q3 23 | Q4 23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $148K | $250K | $251K | $204K | $205K | $204K | $204K | $197K | $196K | $196K | $196K | $155K |
| YoY change | -25.3% | +22.5% | +19% | +36% | +38.5% | -18.4% | -18.7% | -3.43% | -4.39% | -3.92% | -3.92% | -21.3% |
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 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 8.1M | 3.5M | 3.9M | 2.8M | 8.3M | 19.1M | 8M | 8.9M | 7.9M | 8.5M |
| Receivables | 21.8K | 65.3K | — | — | — | — | — | — | — | — |
| Inventory | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 10.1M | 6.7M | 7.9M | 7.1M | 9.4M | 20.1M | 9.2M | 9.9M | 9M | 9.4M |
| Property, plant & equipment | 53.3K | 28K | 47K | 118K | 123K | 185K | 126K | 81K | 138K | 74K |
| Goodwill & intangibles | — | — | — | — | — | — | — | — | — | — |
| Total assets | 10.2M | 7.6M | 8M | 8.2M | 9.5M | 20.3M | 9.3M | 10M | 9.1M | 9.5M |
| Accounts payable | 1.2M | 427K | 1.1M | 2.2M | 561K | 954K | 896K | 427K | 618K | 1.2M |
| Short-term debt | — | — | — | 36K | 43K | 53K | 48K | 27K | 53K | 56K |
| Total current liabilities | 2.5M | 1.8M | 3.1M | 3.3M | 1.3M | 2.7M | 2.5M | 2M | 2.1M | 2.7M |
| Long-term debt | — | — | 0 | 39K | 24K | 71K | 14K | 13K | 51K | 15K |
| Total liabilities | 6.3M | 2.6M | 4.9M | 5.7M | 3.4M | 5.9M | 4.8M | 3.7M | 3.7M | 3.9M |
| Shareholders' equity | 3.9M | 5M | 3M | 2.4M | 6.1M | 14.4M | 4.5M | 6.2M | 5.4M | 5.6M |
| Total debt | — | — | 0 | 75K | 67K | 124K | 62K | 40K | 104K | 71K |
| Net debt | — | — | -3.6M | -2.6M | -8.2M | -4.3M | -2.9M | -4.2M | -4.7M | -5.5M |
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 | Q1 21 | Q2 21 | Q3 21 | Q4 21 | Q1 22 | Q2 22 | Q3 22 | Q4 22 | Q1 23 | Q2 23 | Q3 23 | Q4 23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 11.6M | 7.8M | 13.7M | 19.1M | 16.7M | 12.8M | 10.8M | 8M | 12.4M | 9.6M | 7.9M | 8.9M |
| Receivables | — | — | — | — | — | — | — | — | — | — | — | — |
| Inventory | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 12.6M | 9.6M | 14.5M | 20.1M | 17.7M | 14.6M | 12.6M | 9.2M | 13.4M | 10.9M | 9.1M | 9.9M |
| Property, plant & equipment | 117K | 127K | 165K | 185K | 174K | 157K | 141K | 126K | 110K | 123K | 105K | 81K |
| Goodwill & intangibles | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | 12.7M | 9.7M | 14.6M | 20.3M | 17.8M | 14.7M | 12.7M | 9.3M | 13.5M | 11M | 9.2M | 10M |
| Accounts payable | 290K | 1M | 806K | 954K | 1.1M | 824K | 1.5M | 896K | 963K | 810K | 647K | 427K |
| Short-term debt | 41K | 43K | 40K | 53K | 55K | 47K | 48K | 48K | 42K | 44K | 34K | 27K |
| Total current liabilities | 2.1M | 2.4M | 2.2M | 2.7M | 2.9M | 2.2M | 2.8M | 2.5M | 2.9M | 2.2M | 2.2M | 2M |
| Long-term debt | 14K | 25K | 62K | 71K | 54K | 40K | 26K | 14K | 6K | 22K | 17K | 13K |
| Total liabilities | 5.7M | 5.7M | 5.3M | 5.9M | 5.8M | 4.9M | 5.3M | 4.8M | 5M | 4.2M | 3.9M | 3.7M |
| Shareholders' equity | 7.1M | 4M | 9.3M | 14.4M | 12M | 9.9M | 7.4M | 4.5M | 8.5M | 6.9M | 5.2M | 6.2M |
| Total debt | 55K | 68K | 102K | 124K | 109K | 87K | 74K | 62K | 48K | 66K | 51K | 40K |
| Net debt | -2.7M | -957K | -5.7M | -4.3M | -5.4M | -1.6M | -3.7M | -2.9M | -1.2M | -3.4M | -3.3M | -4.2M |
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 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net income | -8.4M | -6.4M | -6.6M | -12.6M | -14.4M | -12.6M | -10.2M | -7.6M | -7.9M | -9.8M |
| Depreciation & amortization | 18K | 19K | 14K | 14K | 12K | 14K | 14K | 15K | 7K | 24K |
| Stock-based compensation | 309K | 192K | 535K | 385K | 355K | 466K | 263K | 261K | 362K | 340K |
| Change in working capital | -246K | -2.9M | 1M | 1.7M | 2.3M | 1.8M | -930K | -1.3M | -190K | 105K |
| Operating cash flow | -9.7M | -11.7M | -5M | -10.5M | -11.8M | -10.4M | -10.7M | -8.4M | -7.6M | -8.9M |
| Capital expenditure | -10K | -7K | -33K | -3K | -26K | -11K | -9K | — | — | — |
| Investing cash flow | -10K | -51.7K | -33K | -253K | -26K | -14.5M | -9K | — | — | — |
| Dividends paid | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | 0 | 4.5M | 4.4M | 10.1M | 17.7M | 20.5M | 0 | 9.1M | 6.7M | 9.6M |
| Net change in cash | -9.7M | -7.3M | -645K | -651K | 5.9M | -4.5M | -10.7M | 704K | -926K | 695K |
| Free cash flow | -8.7M | -9M | -4.2M | -11.1M | -12.1M | -9.9M | -10.8M | -8.4M | -7.6M | -9M |
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 | Q1 11 | Q2 11 | Q3 11 | Q4 11 | Q1 12 | Q2 12 | Q3 12 | Q4 12 | Q1 13 | Q2 13 | Q3 13 | Q4 13 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income | -1.4M | -1.2M | -666.9K | -4.1M | -1.5M | -1.2M | -1.2M | — | — | -1.7M | -1.5M | -3.4M |
| Depreciation & amortization | 19.1K | 16.1K | 10K | 11.6K | 23.4K | 6.1K | 5.3K | 5.2K | 3.8K | 3.6K | 4.8K | 4.3K |
| Stock-based compensation | 33.7K | 23.1K | 1.7K | 24.5K | 89.1K | 147.5K | 80.5K | 78.7K | 44.1K | 430.4K | 182.2K | 120.6K |
| Change in working capital | -397.8K | -361.6K | 388.4K | 64K | 259K | -359.3K | 368.9K | 949.5K | -372.5K | 90.5K | -158.1K | 626.8K |
| Operating cash flow | -1.9M | -1.6M | -3.9M | -1.2M | -2.8M | -1.4M | -801.5K | 4.9M | -2.1M | -1.6M | -1.6M | -2.8M |
| Capital expenditure | -5.1K | -4.1K | -10.7K | 41.6K | 17.5K | 255 | 761 | 2.6K | -5.5K | -2.2K | -2K | -527 |
| Investing cash flow | -5.1K | -4.1K | -10.7K | 41.6K | 17.5K | 255 | 761 | 2.6K | -5.5K | -897.2K | 913.1K | -527 |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | — | 0 | 0 | 4.2M | 31.5K | 1.1M | 0 | 59.8K | 6.6M | 503.8K | 0 | 5.1M |
| Net change in cash | -1.9M | -1.6M | -3.9M | 3M | -2.7M | -297.7K | -800.7K | 4.9M | 4.5M | -2M | -646.9K | 2.4M |
| Free cash flow | -1.9M | -1.6M | -827.7K | -1.2M | -1.2M | -1.4M | -794.1K | -1M | -2.5M | -1.6M | -1.6M | -2.8M |