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 | -$0.03 | -$0.04 | -33.3% | — | $0 | — |
| Q1 26 | -$0.03 | -$0.03 | 0.0% | — | $0 | — |
| Q4 25 | -$0.03 | -$0.04 | -33.3% | — | $0 | — |
| Q2 25 | -$0.03 | -$0.01 | +66.7% | — | $0 | — |
| Q1 25 | -$0.03 | -$0.02 | +33.3% | — | $0 | — |
| Q4 24 | — | -$0.03 | — | — | $0 | — |
| Q3 24 | -$0.02 | -$0.05 | -150.0% | — | $0 | — |
| Q2 24 | -$0.02 | -$0.03 | -50.0% | — | $0 | — |
| Q4 23 | -$0.02 | -$0.05 | -150.0% | — | — | — |
| Q3 23 | -$0.01 | -$0.04 | -300.0% | — | — | — |
| Q2 23 | — | -$0.03 | — | — | — | — |
| Q1 23 | -$0.02 | -$0.03 | -50.0% | — | $0 | — |
| Q3 22 | -$0.01 | -$0.02 | -100.0% | — | $0 | — |
| Q2 22 | -$0.01 | -$0.02 | -100.0% | — | $0 | — |
| Q4 21 | -$0.01 | -$0.01 | 0.0% | — | — | — |
| Q3 21 | -$0.01 | -$0.03 | -200.0% | — | — | — |
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 | — | -$0.07 | — | — | $0 | — |
| FY24 | — | -$0.13 | — | — | $0 | — |
| FY23 | — | -$0.17 | — | — | $0 | — |
| FY22 | — | -$0.09 | — | — | $0 | — |
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 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| YoY change | 0% | 0% | 0% | 0% | 0% | 0% | 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.
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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost of revenue | 236.6K | 288.7K | 270.6K | 213.4K | 275.2K | 186K | 210K | 202K | 331K | 346K |
| Gross profit | -236.6K | -288.7K | -270.6K | -213.4K | -275.2K | -186K | -210K | -202K | -331K | -346K |
| Gross margin | — | — | — | — | — | — | — | — | — | — |
| Research & development | — | — | — | — | — | — | — | — | — | — |
| Selling, general & administrative | 6M | 5.9M | 4.5M | 4.4M | 8.9M | 9.4M | 11.7M | 17.1M | 15.4M | 16.9M |
| Operating expenses | 7.3M | 7.6M | 6.6M | 6.1M | 10.6M | 11.8M | 14.8M | 25.8M | 25.9M | 25.5M |
| Operating income | -7.5M | -7.9M | -6.8M | -6.3M | -10.9M | -12M | -15M | -26M | -26.2M | -25.9M |
| Operating margin | — | — | — | — | — | — | — | — | — | — |
| Non-operating income, net | -39.6K | -34K | 53.1K | -45.2K | -277K | 121.4M | 2.3M | 1.1M | 326K | 158K |
| Pretax income | -7.5M | -7.7M | -6.6M | -6.2M | -11.1M | 109.2M | -14.4M | -25.5M | -25.2M | -25.4M |
| Income tax | — | — | — | — | 0 | 9M | -1.2M | 4.9M | 2.1M | -10.1M |
| Net income | -7.5M | -7.7M | -6.6M | -6.2M | -11.1M | 100.2M | -13.2M | -30.4M | -27.3M | -15.3M |
| Net margin | — | — | — | — | — | — | — | — | — | — |
| EBITDA | -7.3M | -7.6M | -6.6M | -5.9M | -10.5M | -14.8M | -14.8M | -25.3M | -26.8M | -25.7M |
| EPS | -0.08 | -0.06 | -0.05 | -0.05 | -0.08 | 0.67 | -0.09 | -0.17 | -0.13 | -0.07 |
| Diluted EPS | -0.08 | -0.06 | -0.05 | -0.05 | -0.08 | 0.66 | -0.09 | -0.17 | -0.13 | -0.07 |
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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost of revenue | 51K | 68K | 77K | 85K | 59.8K | 85K | 88K | 87K | 85K | 86K | 89K | 94K |
| Gross profit | -51K | -68K | -77K | -85K | -59.8K | -85K | -88K | -87K | -85K | -86K | -89K | -94K |
| Gross margin | — | — | — | — | — | — | — | — | — | — | — | — |
| Research & development | — | — | — | — | — | — | — | — | — | — | — | — |
| Selling, general & administrative | 3.5M | 4.1M | 4.3M | 4.5M | 2M | 3.8M | 4.7M | 3.7M | 3.1M | 5.4M | 5.6M | 4.6M |
| Operating expenses | 6.2M | 8.9M | 5M | 5.7M | 5.7M | 7.2M | 5.3M | 4.8M | 6.8M | 8.7M | 7.2M | 7.8M |
| Operating income | -6.2M | -8.9M | -5.1M | -5.8M | -5.7M | -7.3M | -5.3M | -4.8M | -6.9M | -8.8M | -7.3M | -7.9M |
| Operating margin | — | — | — | — | — | — | — | — | — | — | — | — |
| Non-operating income, net | -1.1M | 827K | 2.7M | 53K | -144.6K | -2.2M | -200K | 569K | -176K | -35K | -437K | 2M |
| Pretax income | -7.3M | -7.9M | -2.2M | -5.6M | -5.8M | -9.4M | -5.5M | -4.3M | -7.1M | -8.6M | -7.5M | -5.7M |
| Income tax | 2.3M | -296K | 615K | 109K | 995.2K | -21K | -579K | -1.6M | -7M | -878K | -253K | 3.1M |
| Net income | -9.6M | -7.6M | -2.8M | -5.7M | -6.8M | -9.4M | -4.9M | -2.6M | -103K | -7.7M | -7.2M | -8.8M |
| Net margin | — | — | — | — | — | — | — | — | — | — | — | — |
| EBITDA | -6M | -8.7M | -5.3M | -5.5M | -5.7M | -8M | -5.4M | -4.1M | -7M | -9.1M | -6.8M | -9.8M |
| EPS | -0.05 | — | -0.01 | -0.03 | -0.05 | — | -0.02 | -0.01 | 0 | — | -0.03 | -0.04 |
| Diluted EPS | -0.05 | — | -0.01 | -0.03 | -0.05 | — | -0.02 | -0.01 | 0 | — | -0.03 | -0.04 |
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 | — | — | 124.9M | 174M | 445.7M | 282.8M | 309.7M | 228.3M | — | 284.7M | 206.2M |
| Enterprise value | — | — | 115.2M | 167.5M | 436.9M | 283.7M | 310.4M | 207.1M | — | 258.6M | 91.8M |
| Shares outstanding | 144.1M | 182.1M | 198.2M | 202.3M | 214.3M | 219.2M | 226M | 248.2M | 187.8M | 199.1M | 199.1M |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | 2.82 | — | — | — | — | -13.6 |
| P/B | — | — | 1.77 | 2.65 | 6.8 | 1.61 | 2.29 | 1.72 | — | 1.24 | 1.25 |
| EV/EBITDA | — | — | -17.5 | -28.3 | -41.5 | -19.2 | -21 | -8.19 | — | -10.1 | -4.24 |
| Earnings yield | — | — | — | — | — | 35.4% | — | — | — | — | -7.35% |
| FCF yield | — | — | -4.28% | -2.75% | -1.92% | -2.82% | -3.59% | -10.4% | — | -8.16% | -6.12% |
| PEG | — | — | — | — | — | — | — | — | — | — | -0.05 |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | — | — | — | — | — | — | 0% |
| Net margin | — | — | — | — | — | — | — | — | — | — | 0% |
| ROE | -13.6% | -10.2% | -9.36% | -9.47% | -16.9% | 57% | -9.77% | -23% | -23.7% | -6.68% | -15.4% |
| ROA | -13% | -9.77% | -9.03% | -9.1% | -16% | 50.1% | -8.96% | -22.2% | -22.6% | -6.44% | -10.3% |
| ROIC | — | — | — | — | -19.2% | -6.25% | -11% | -23.4% | -25.3% | -12.7% | -20.9% |
| Return on tangible assets | -13% | -9.77% | -9.03% | -9.1% | -16% | 50.1% | -8.96% | -22.2% | -22.6% | -6.44% | -9.82% |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current ratio | 9.64 | 5.33 | 5.67 | 3.79 | 3.31 | 0.9 | 0.84 | 10.1 | 3.14 | 9.48 | 39.6 |
| Quick ratio | 9.64 | 5.33 | 5.67 | 3.79 | 3.31 | 0.9 | 0.84 | 10.1 | 3.14 | 9.48 | 39.6 |
| Debt / equity | — | — | — | — | 0.01 | 0.07 | 0.07 | 0 | 0 | 0 | 0 |
| Debt / assets | — | — | — | — | 0.01 | 0.06 | 0.06 | 0 | 0 | 0 | 0 |
| Net debt / EBITDA | — | — | — | — | 0.84 | -0.06 | -0.05 | 0.84 | 0.43 | 1.01 | 2.49 |
| Interest coverage | — | — | — | — | -3.9K | 748.9 | -7.24 | -19.2 | -514.2 | — | — |
| Effective tax rate | — | — | — | — | 0% | 8.25% | 0% | 0% | 0% | 0% | 0% |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue per share | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (basic) | -0.08 | -0.06 | -0.05 | -0.05 | -0.08 | 0.67 | -0.09 | -0.17 | -0.13 | -0.07 | -0.07 |
| EPS (diluted) | -0.08 | -0.06 | -0.05 | -0.05 | -0.08 | 0.66 | -0.09 | -0.17 | -0.13 | -0.07 | -0.08 |
| Book value per share | 0.38 | 0.42 | 0.36 | 0.32 | 0.31 | 0.8 | 0.6 | 0.53 | 0.61 | 1.15 | 0.76 |
| FCF per share | -0.04 | -0.04 | -0.03 | -0.02 | -0.04 | -0.04 | -0.05 | -0.1 | -0.12 | -0.12 | -0.13 |
| Cash per share | 0.15 | 0.08 | 0.05 | 0.03 | 0.04 | 0.05 | 0.04 | 0.09 | 0.06 | 0.13 | 0.38 |
| Capex per share | 0 | 0.01 | 0 | 0 | 0 | 0 | 0 | 0.01 | 0 | — | — |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Capex / operating cash flow | -2.64% | -40.3% | -2.05% | -2.94% | -12.7% | 0.05% | -1.22% | -7.94% | -2.06% | — | — |
| Payout ratio | — | — | — | — | — | 0% | 0% | 0% | 0% | — | 0% |
| Dividend yield | — | — | — | — | — | 0% | 0% | 0% | — | — | — |
| FY21 | — | $0.67 | — | — | $0 | — |
| FY20 | — | -$0.08 | — | — | $0 | — |
| FY19 | — | -$0.05 | — | — | $0 | — |
| FY18 | — | -$0.05 | — | — | $0 | — |
| FY17 | — | -$0.06 | — | — | $0 | — |
| FY16 | — | -$0.08 | — | — | $0 | — |
| 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 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| YoY change | 0% | 0% | 0% | 0% | 0% | 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 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 21.4M | 14M | 9.7M | 6.5M | 9.3M | 11.7M | 8.3M | 21.6M | 11.9M | 26.3M |
| Receivables | — | — | — | — | — | — | — | — | — | — |
| Inventory | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 21.6M | 14.3M | 10M | 6.9M | 10.1M | 12.3M | 9.2M | 23.7M | 13.3M | 27.6M |
| Property, plant & equipment | 612.6K | 1.3M | 59.6M | 58M | 206.4K | 22K | -93K | 13K | 18K | -329K |
| Goodwill & intangibles | — | — | — | — | — | — | — | — | — | — |
| Total assets | 57.9M | 79.1M | 73M | 68.3M | 69.4M | 200.2M | 147.3M | 136.9M | 121M | 238M |
| Accounts payable | 1.9M | 2.5M | 770.6K | 410.6K | 923.2K | 992K | 1.7M | 1.8M | 1.6M | 2.2M |
| Short-term debt | — | — | — | — | 426.1K | 12.5M | 8.9M | 66K | 88K | 100K |
| Total current liabilities | 2.2M | 2.7M | 1.8M | 1.8M | 3.1M | 13.6M | 11M | 2.3M | 4.2M | 2.9M |
| Long-term debt | — | — | — | — | 46K | 110K | 162K | 329K | 299K | 199K |
| Total liabilities | 2.5M | 3.5M | 2.6M | 2.6M | 3.9M | 24.5M | 12.2M | 4.5M | 5.8M | 8.4M |
| Shareholders' equity | 55.3M | 75.6M | 70.5M | 65.6M | 65.5M | 175.7M | 135.1M | 132.4M | 115.2M | 229.6M |
| Total debt | — | — | — | — | 472.1K | 12.6M | 9.1M | 395K | 387K | 299K |
| Net debt | — | — | — | — | -8.7M | 988K | 751K | -21.2M | -11.5M | -24.6M |
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 | 20.8M | 21.6M | 18.1M | 17.2M | 7.9M | 11.9M | 9.2M | 6M | 7.1M | 26.3M | 52.6M | 81.6M |
| Receivables | — | — | — | — | — | — | — | — | — | — | — | — |
| Inventory | 43K | — | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 24.1M | 23.7M | 19.9M | 20.3M | 10M | 13.3M | 11M | 7.3M | 8.9M | 27.6M | 55.5M | 84.2M |
| Property, plant & equipment | -12K | 13K | -54K | 149K | 69.8K | 18K | -65K | -153K | -240K | -329K | -315K | -399K |
| Goodwill & intangibles | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | 134.3M | 136.9M | 139.4M | 138.9M | 86.6M | 121M | 123.8M | 130.2M | 182.6M | 238M | 254.2M | 242.7M |
| Accounts payable | 1M | 1.8M | 1.4M | 1.7M | 834.9K | 1.6M | 2M | 1.6M | 1.4M | 2.2M | 2.2M | 1.9M |
| Short-term debt | 88K | 66K | 70K | 81K | 61.3K | 88K | 91K | 94K | 97K | 100K | 102K | 104K |
| Total current liabilities | 1.4M | 2.3M | 3.5M | 3.9M | 2.4M | 4.2M | 4.3M | 3.4M | 3M | 2.9M | 2.7M | 2.1M |
| Long-term debt | 368K | 329K | 311K | 344K | 229.4K | 299K | 275K | 250K | 225K | 199K | 173K | 146K |
| Total liabilities | 3.4M | 4.5M | 5M | 5.3M | 3.5M | 5.8M | 5.9M | 5M | 4.5M | 8.4M | 10.1M | 13.5M |
| Shareholders' equity | 130.8M | 132.4M | 134.4M | 133.6M | 83.1M | 115.2M | 117.9M | 125.2M | 178.1M | 229.6M | 244.1M | 229.2M |
| Total debt | 456K | 395K | 381K | 425K | 290.6K | 387K | 366K | 344K | 322K | 299K | 275K | 250K |
| Net debt | -20.3M | -21.2M | -17.7M | -16.8M | -7.6M | -11.5M | -8.9M | -5.7M | -6.1M | -24.6M | -25.8M | -21.2M |
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 | -7.5M | -7.7M | -6.6M | -6.2M | -11.1M | 100.2M | -13.2M | -30.4M | -27.3M | -15.3M |
| Depreciation & amortization | 236.6K | 288.7K | 270.6K | 213.4K | 275.2K | 186K | 210K | 202K | 331K | 346K |
| Stock-based compensation | 1.4M | 1.7M | 1.1M | 1.3M | 2.6M | 3M | 2.4M | 3.3M | 2.3M | 3M |
| Change in working capital | 688.8K | -27.6K | 30.2K | 102.9K | 720.7K | 1.2M | 395K | -220K | 107K | 335K |
| Operating cash flow | -5.3M | -5.8M | -5.2M | -4.6M | -7.5M | 113M | -11.9M | -23.3M | -26.6M | -23.2M |
| Capital expenditure | -138.4K | -2.3M | -106.8K | -135K | -944.7K | -56K | -145K | -1.8M | -549K | — |
| Investing cash flow | -254.5K | -2.4M | -121.8K | -286.7K | -1.3M | -2.4M | -6.4M | -3.8M | -945K | 2M |
| Dividends paid | — | — | — | — | — | 0 | 0 | 0 | 0 | — |
| Share repurchases | — | — | — | — | — | — | 0 | -3.4M | 0 | — |
| Financing cash flow | 25.4M | 546.8K | 1.1M | 1.7M | 14.9M | 24.4M | 14M | 23.6M | 13.3M | 33.9M |
| Net change in cash | 19.9M | -7.6M | -4.3M | -3.2M | 6.2M | 135M | -4.3M | -3.4M | -14.3M | 12.8M |
| Free cash flow | -5.4M | -7.9M | -5.3M | -4.8M | -8.5M | -8M | -11.1M | -23.7M | -23.2M | -23.2M |
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 | 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 | -9.6M | -7.6M | -2.8M | -5.7M | -6.8M | -9.4M | -4.9M | -2.6M | -3M | -7.7M | -7.2M | -9.3M |
| Depreciation & amortization | 51K | 68K | 77K | 85K | 59.8K | 85K | 88K | 87K | 85K | 86K | 89K | 94K |
| Stock-based compensation | 498K | 885K | 1.3M | 692K | 205.9K | 65K | 1.1M | 721K | 371K | 777K | 1.9M | 1.2M |
| Change in working capital | -661K | 818K | -304K | 107K | -157.4K | 510K | 349K | -303K | -125K | 538K | -418K | 354K |
| Operating cash flow | -8.5M | -6.1M | -6.1M | -4.7M | -5.7M | -7.9M | -3.8M | -3.8M | -7.6M | -7M | -6.4M | -6.2M |
| Capital expenditure | -1.3M | -59K | -224K | -262K | -44.9K | 0 | 0 | 0 | — | — | — | — |
| Investing cash flow | -1.6M | -67K | -521K | -288K | -93.3K | -5K | 0 | 0 | 1.8M | 0 | -1.3M | — |
| Dividends paid | 0 | 0 | 0 | 0 | 0 | 0 | — | — | — | — | — | — |
| Share repurchases | 0 | 0 | — | — | 0 | 0 | — | — | — | — | — | — |
| Financing cash flow | -1.5M | 4.8M | 729K | 5.2M | 1.5M | 5.3M | 1.4M | 1.3M | 6.3M | 25M | 9M | 1.2M |
| Net change in cash | -11.7M | -1.4M | -5.9M | 193K | -4.2M | -2.6M | -2.4M | -2.5M | 495K | 18M | 1.3M | -4.9M |
| Free cash flow | -8.2M | -5.5M | -4M | -5.9M | -5.9M | -5M | -4.2M | -4.5M | -7.6M | -7M | -6.4M | -6.7M |