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 % |
|---|---|---|---|---|---|---|
| Q1 23 | -$3 | -$1.41 | +53.0% | — | $0 | — |
| Q3 22 | -$3 | -$1.8 | +40.0% | — | $0 | — |
| Q2 22 | -$2.4 | -$1.8 | +25.0% | — | $0 | — |
| Q1 22 | -$1.2 | -$3 | -150.0% | — | $0 | — |
| Q4 21 | -$72 | -$36 | +50.0% | — | $0 | — |
| Q3 21 | -$2.4 | -$2.4 | 0.0% | — | $0 | — |
| Q2 21 | -$2.4 | -$1.8 | +25.0% | — | $0 | — |
| Q1 21 | -$2.7 | -$3 | -11.1% | — | $0 | — |
| Q4 20 | -$3.6 | -$3 | +16.7% | — | $0 | — |
| Q3 20 | -$4.2 | -$4.8 | -14.3% | — | $0 | — |
| Q2 20 | -$5.4 | -$14.4 | -166.7% | — | $0 | — |
| Q1 20 | -$4.8 | -$6.6 | -37.5% | — | $0 | — |
| Q4 19 | -$5.8 | -$4.8 | +17.2% | — | $0 | — |
| Q3 19 | -$5.4 | -$4.8 | +11.1% | — | $0 | — |
| Q2 19 | -$4 | -$6 | -50.0% | — | $0 | — |
| Q1 19 | -$5.2 | -$6.6 | -26.9% | — | $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 | — | -$4.56 | — | — | $0 | — |
| FY24 | — | -$48 | — | — | $0 | — |
| FY23 | — | -$9.18 | — | — | — | — |
| FY22 | — | -$7.11 | — | — | $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 |
| YoY change | 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 |
| Cost of revenue | 0 | 0 | — | — | — | — | — | — | — | — |
| Gross profit | 0 | 0 | — | — | — | — | — | — | — | — |
| Gross margin | — | — | — | — | — | — | — | — | — | — |
| Research & development | 4.8M | 3.5M | 6M | 12.1M | 22.1M | 10.6M | 10.1M | — | 4.1M | 2.4M |
| Selling, general & administrative | 3.8M | 3.2M | 4M | 3.8M | 4.5M | 5.3M | 4.5M | — | 6.4M | 7M |
| Operating expenses | 8.5M | 6.7M | 10M | 15.9M | 26.6M | 15.8M | 14.4M | — | 10.6M | 9.4M |
| Operating income | -8.5M | -6.7M | -10M | -15.9M | -26.6M | -15.8M | -14.4M | — | -10.6M | -9.4M |
| Operating margin | — | — | — | — | — | — | — | — | — | — |
| Non-operating income, net | 9.2K | 196K | 446 | 456 | 134.5K | 670 | 11.6K | — | -25.2K | -13.2K |
| Pretax income | -8.5M | -6.7M | -9.9M | -15.6M | -26.4M | -15.7M | -14.3M | — | -10.6M | -10M |
| Income tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — | 0 | -136.9K |
| Net income | -7M | -6.7M | -9.9M | -15.6M | -26.4M | -15.7M | -14.3M | — | -10.6M | -9.8M |
| Net margin | — | — | — | — | — | — | — | — | — | — |
| EBITDA | -8.4M | -6.6M | -9.9M | -15.5M | -26.5M | -15.7M | -14.2M | — | -10.5M | -9.2M |
| EPS | -94.2 | -82.2 | -52.2 | -22.2 | -28.2 | -8.09 | -7.11 | -9.18 | -48 | -4.56 |
| Diluted EPS | -94.2 | -82.2 | -52.2 | -22.2 | -28.2 | -8.09 | -7.11 | -9.18 | -48 | -4.56 |
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | Q2 23 | Q3 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 | — |
| Cost of revenue | — | — | — | — | — | — | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — | — | — | — | — | — | — |
| Gross margin | — | — | — | — | — | — | — | — | — | — | — | — |
| Research & development | 2M | 769.4K | 663.4K | 906.8K | 879K | 1.7M | 341.5K | 449.7K | 930.9K | 670.5K | 645.5K | — |
| Selling, general & administrative | 1.1M | 1.3M | 1.8M | 1.4M | 1.6M | 1.7M | 1.7M | 1.3M | 2.2M | 1.8M | 1.6M | — |
| Operating expenses | 3.1M | 2.1M | 2.5M | 2.3M | 2.4M | 3.4M | 2M | 1.7M | 3.1M | 2.5M | 2.3M | — |
| Operating income | -3.1M | -2.1M | -2.5M | -2.3M | -2.4M | -3.4M | -2M | -1.7M | -3.1M | -2.5M | -2.3M | — |
| Operating margin | — | — | — | — | — | — | — | — | — | — | — | — |
| Non-operating income, net | 621 | 45.1K | -2.9K | -3.7K | -25.1K | 6.5K | -1.8K | -2.3K | -3.9K | -5.1K | -5.1K | — |
| Pretax income | -3.1M | -2M | -2.5M | -2.3M | -2.5M | -3.3M | -2.2M | -2.3M | -3.1M | -2.4M | -2.2M | — |
| Income tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — | — | — | -22.6K | — |
| Net income | -3.1M | -2M | -2.5M | -2.3M | -2.5M | -3.3M | -2.2M | -2.3M | -3.1M | -2.3M | -2.2M | — |
| Net margin | — | — | — | — | — | — | — | — | — | — | — | — |
| EBITDA | -3M | -2M | -2.4M | -2.3M | -2.4M | -3.3M | -2M | -1.7M | -3.1M | -2.4M | -2.2M | — |
| EPS | -1.51 | -0.85 | -0.7 | -0.51 | -11.4 | — | -3.6 | -3.1 | -1.96 | — | -0.51 | -0.57 |
| Diluted EPS | -1.51 | -0.85 | -0.7 | -0.51 | -11.4 | — | -3.6 | -3.1 | -1.96 | — | -0.51 | -0.57 |
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 | — | — | — | — | — | — | 397.8M | — | — | — | 2.3M |
| Enterprise value | — | — | — | — | — | — | 387M | — | — | — | -1.6M |
| Shares outstanding | 74.3K | 82.1K | 217.3K | 704.7K | 942.2K | 1.9M | 2M | 2.2M | 220.7K | 2.2M | 2.2M |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | — | — | — | — | 0.51 |
| P/B | — | — | — | — | — | — | 30.6 | — | — | — | 0.61 |
| EV/EBITDA | — | — | — | — | — | — | -27.2 | — | — | — | 0.18 |
| Earnings yield | — | — | — | — | — | — | — | — | — | — | 194.6% |
| FCF yield | — | — | — | — | — | — | -3.86% | — | — | — | -296.1% |
| PEG | — | — | — | — | — | — | — | — | — | — | -0.01 |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | — | — | — | — | — | — | 0% |
| Net margin | — | — | — | — | — | — | — | — | — | — | 0% |
| ROE | -236.5% | -106.6% | -47.5% | -90.3% | -156.9% | -59.3% | -109.8% | — | 5K% | -118.9% | -1.3K% |
| ROA | -162.8% | -93.3% | -45% | -78.8% | -141.5% | -55.7% | -96.8% | — | -717.7% | -97.8% | -171.5% |
| ROIC | 814.7% | -2.9K% | -1.3K% | 28K% | -25.6K% | -89.1K% | -653.4% | — | 1.4K% | -8.6K% | -8.6K% |
| Return on tangible assets | -162.8% | -93.3% | -45% | -78.8% | -141.5% | -55.7% | -96.8% | — | -717.7% | -97.8% | -131.2% |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current ratio | 3.14 | 8.01 | 18.8 | 10.2 | 13.4 | 19.2 | 8.95 | — | 0.87 | 5.64 | 3.02 |
| Quick ratio | 3.14 | 8.01 | 18.8 | 10.2 | 13.4 | 19.2 | 8.95 | — | 0.87 | 5.64 | 5.73 |
| Debt / equity | 0.02 | 0.01 | 0.01 | 0.06 | 0.05 | 0.03 | 0.05 | — | -1.55 | 0.03 | 0 |
| Debt / assets | 0.02 | 0.01 | 0.01 | 0.05 | 0.05 | 0.03 | 0.04 | — | 0.22 | 0.02 | 0.01 |
| Net debt / EBITDA | 0.48 | 0.92 | 2.03 | 1.12 | 0.63 | 1.69 | 0.76 | — | 0.05 | 0.89 | 0.65 |
| Interest coverage | -2.1K | -30.1 | -1.7K | -2.1K | -2.5K | -996.2 | -945.1 | — | -353.3 | -11.7 | -15.9 |
| Effective tax rate | 0% | 0% | 0% | 0% | 0% | 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 |
| EPS (basic) | -94.2 | -82.2 | -52.2 | -22.2 | -28.2 | -8.09 | -7.11 | -9.18 | -48 | -4.56 | -4.56 |
| EPS (diluted) | -94.2 | -82.2 | -52.2 | -22.2 | -28.2 | -8.09 | -7.11 | -9.18 | -48 | -4.56 | 0.97 |
| Book value per share | 39.9 | 76.9 | 96.1 | 24.5 | 17.9 | 13.6 | 6.47 | — | -0.96 | 3.84 | 0.81 |
| FCF per share | -95.5 | -77.5 | -42.4 | -18.5 | -18 | -6.95 | -7.64 | — | -38.9 | -4.29 | -2.17 |
| Cash per share | 54.9 | 75.1 | 93 | 25.9 | 18.7 | 14 | 5.69 | — | 3.92 | 3.89 | 0.86 |
| Capex per share | 0.34 | 0 | 0.57 | 0.04 | 0 | 0.02 | 0.06 | — | 0 | — | — |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Capex / operating cash flow | -0.32% | 0% | -1.41% | -0.17% | 0% | -0.31% | -0.86% | — | 0% | — | — |
| Payout ratio | — | — | — | — | — | — | — | — | — | — | 0% |
| FY21 |
| — |
| -$8.09 |
| — |
| — |
| $0 |
| — |
| FY20 | — | -$28.2 | — | — | $0 | — |
| FY19 | — | -$22.2 | — | — | $0 | — |
| FY18 | — | -$52.2 | — | — | $0 | — |
| FY17 | — | -$82.2 | — | — | $0 | — |
| FY16 | — | -$94.2 | — | — | $0 | — |
| Period | Q2 23 | Q3 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 | — |
| YoY change | 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 | FY15 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 5.1M | 4.1M | 6.2M | 20.2M | 18.3M | 17.6M | 27.3M | 11.4M | 864.8K | 8.4M |
| Receivables | 21.1K | — | — | — | — | — | — | — | — | — |
| Inventory | 321.5K | — | — | — | — | — | — | — | — | — |
| Total current assets | 5.6M | 4.2M | 7.2M | 21.9M | 18.8M | 18M | 27.7M | 14.3M | 1.5M | 10.1M |
| Property, plant & equipment | 140.7K | 87.5K | 21.7K | 116.3K | 914.7K | 697.9K | 523.6K | 468.5K | — | — |
| Goodwill & intangibles | — | — | — | — | — | — | — | — | — | — |
| Total assets | 5.8M | 4.3M | 7.2M | 22M | 19.8M | 18.7M | 28.2M | 14.8M | 1.5M | 10.1M |
| Accounts payable | 280K | 461.3K | 618.4K | 828.7K | 1.2M | 330.4K | 855K | 246.7K | 1.1M | — |
| Short-term debt | 63.4K | 66.4K | 80.5K | 124.2K | 309K | 405.1K | 497.7K | 472.1K | 328.5K | 227.3K |
| Total current liabilities | 1M | 1.3M | 898.5K | 1.2M | 1.9M | 1.3M | 1.4M | 1.6M | 1.7M | 1.8M |
| Long-term debt | — | — | — | 0 | 670.7K | 493.8K | 299.5K | 152.4K | — | — |
| Total liabilities | 1M | 1.3M | 898.5K | 1.2M | 2.5M | 1.8M | 1.7M | 1.7M | 1.7M | 1.8M |
| Shareholders' equity | 4.7M | 3M | 6.3M | 20.9M | 17.2M | 16.8M | 26.5M | 13M | -211.9K | 8.3M |
| Total debt | 63.4K | 66.4K | 80.5K | 124.2K | 979.6K | 898.9K | 797.2K | 624.5K | 328.5K | 227.3K |
| Net debt | -5M | -4M | -6.1M | -20.1M | -17.3M | -16.7M | -26.5M | -10.8M | -536.3K | -4.2M |
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 | Q1 23 | Q2 23 | Q3 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 9.2M | 6.5M | 5.8M | 2.1M | 1.3M | 3.1M | 864.8K | 3.4M | 2M | 11.4M | 8.4M | 6.1M |
| Receivables | — | — | — | — | — | — | — | — | — | — | — | — |
| Inventory | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 11.7M | 8.1M | 7.8M | 2.4M | 1.6M | 4.1M | 1.5M | 3.9M | 2.1M | 12.7M | 10.1M | 7.5M |
| Property, plant & equipment | 408.5K | 347.7K | 76.7K | — | — | — | — | — | — | — | — | — |
| Goodwill & intangibles | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | 12.1M | 8.5M | 7.9M | 3.5M | 2.7M | 5.2M | 1.5M | 3.9M | 2.1M | 12.7M | 10.1M | 7.5M |
| Accounts payable | 939K | 590.6K | 808.9K | 695.8K | 1.2M | 1.5M | 1.1M | 772.5K | — | — | — | — |
| Short-term debt | 310.1K | 190.2K | 517.8K | 126.8K | — | 519.4K | 328.5K | 2.6M | 3M | 394.8K | 227.3K | 56.1K |
| Total current liabilities | 1.8M | 1.1M | 1.4M | 908.7K | 1.4M | 2.1M | 1.7M | 3.7M | 4.3M | 2.9M | 1.8M | 1.3M |
| Long-term debt | 104.5K | 65.8K | 0 | — | — | — | — | — | — | — | — | — |
| Total liabilities | 1.9M | 1.2M | 1.4M | 908.7K | 1.4M | 2.1M | 1.7M | 3.7M | 4.3M | 2.9M | 1.8M | 1.3M |
| Shareholders' equity | 10.2M | 7.3M | 6.5M | 2.6M | 1.3M | 3.1M | -211.9K | 137.7K | -2.1M | 9.8M | 8.3M | 6.2M |
| Total debt | 414.5K | 256K | 517.8K | 126.8K | — | 519.4K | 328.5K | 2.6M | 3M | 394.8K | 227.3K | 56.1K |
| Net debt | -8.7M | -6.2M | -5.2M | -1.9M | — | -2.6M | -536.3K | -866.7K | 1M | -11M | -4.2M | -6.1M |
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 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net income | -11.7M | -7M | -6.7M | -9.9M | -15.6M | -26.4M | -15.7M | -14.3M | -10.6M | -9.8M |
| Depreciation & amortization | 71.2K | 75K | 65.8K | 30.1K | 62.6K | 51.7K | 41.2K | 44.7K | 0 | — |
| Stock-based compensation | 1M | 638.4K | 560.5K | 1M | 553K | 1.5M | 1.7M | 742.2K | 516K | 555.7K |
| Change in working capital | 105.2K | — | — | — | — | 0 | -7K | 7K | 0 | -53.1K |
| Operating cash flow | -5.5M | -7.8M | -6.2M | -8.9M | -14.9M | -16.9M | -14M | -13.5M | -10.1M | -9.2M |
| Capital expenditure | -101.2K | -25K | 0 | -124.7K | -25.2K | 0 | -43.9K | -115.5K | 0 | — |
| Investing cash flow | -101.2K | 1.7M | 0 | -124.7K | -25.2K | 0 | -43.9K | -115.5K | 0 | — |
| Dividends paid | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | 0 | -5.6M | 0 | — | — |
| Financing cash flow | -319.9K | 4.3M | 8.3M | 13.5M | -505.9K | 10.8M | 20M | -1.1M | 5.3M | 13.5M |
| Net change in cash | -5.9M | -1.8M | 2.1M | 4.6M | -15.5M | -6M | 6M | -14.7M | -4.8M | 4.2M |
| Free cash flow | -5.3M | -7.1M | -6.4M | -9.2M | -13M | -17M | -13.5M | -15.4M | -8.6M | -9.2M |
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 | Q1 23 | Q2 23 | Q3 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income | -2.8M | -3.1M | -2M | -2.5M | -2.3M | -2.5M | -3.3M | -2.2M | -2.3M | -3.1M | -2.3M | -2.2M |
| Depreciation & amortization | 11.3K | 11.3K | 4.8K | 0 | 0 | 0 | 0 | — | — | — | — | — |
| Stock-based compensation | 80K | 63.6K | 402.9K | 69.3K | 58.2K | 330.8K | 57.7K | -68.8K | 6.6K | 6K | 611.8K | 17.4K |
| Change in working capital | -1.5K | 86.5K | 203K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 53.1K |
| Operating cash flow | -2.8M | -2.9M | -1.4M | -2.4M | -2.2M | -2.1M | -3.3M | -2.1M | -1.3M | -3M | -2.8M | -2.2M |
| Capital expenditure | 0 | 0 | 63.7K | — | — | — | 0 | — | — | — | — | — |
| Investing cash flow | 0 | 0 | 63.7K | — | — | — | 0 | — | — | — | — | 4M |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | -319.5K | -215.8K | 614.4K | 1.5M | 694.3K | 3.6M | -523.7K | 4.5M | -265.9K | 9.4M | -168.6K | -263.2K |
| Net change in cash | -3.1M | -3.1M | -724.1K | -914.6K | -1.6M | 1.5M | -3.8M | 2.4M | -1.6M | 6.4M | -3M | 1.5M |
| Free cash flow | -2.1M | -2.6M | -1.5M | -3.1M | -1.5M | -2M | -2M | -2.1M | -1.3M | -3M | -2.8M | -2.2M |