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 26 | -$0.82 | -$0.37 | +54.9% | — | $3.9M | — |
| Q2 26 | -$1.47 | -$2.86 | -94.6% | — | $116K | — |
| Q4 25 | -$8.5 | -$9.92 | -16.7% | — | — | — |
| Q3 25 | -$21 | -$6 | +71.4% | — | — | — |
| Q2 25 | -$25.5 | -$19.5 | +23.5% | — | — | — |
| Q1 25 | -$27.8 | -$24.5 | +11.7% | — | $0 | — |
| Q4 21 | -$24.8 | -$26.5 | -6.7% | — | — | — |
| Q3 21 | -$10.2 | -$28 | -175.3% | — | — | — |
| Q2 21 | -$20.5 | -$24 | -17.1% | — | — | — |
| Q1 21 | -$28 | -$45.5 | -62.5% | — | — | — |
| Q4 20 | -$23 | -$31.5 | -37.0% | — | — | — |
| Q3 20 | -$34.8 | -$7.7 | +77.9% | — | — | — |
| Q2 20 | -$59.8 | -$43 | +28.0% | — | — | — |
| Q1 20 | -$1K | -$67 | +93.4% | — | — | — |
| Q4 19 | -$41.7 | -$37.5 | +10.0% | — | — | — |
| Q3 19 | -$37.5 | -$50 | -33.3% | — | — | — |
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 | — | -$32.1 | — | — | $0 | — |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | FY25 |
|---|---|
| Revenue | $0 |
| YoY change | — |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 | Q3 26 |
|---|---|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | $0 | $8.8M | $116K | $3.9M |
| YoY change | — | — | — | — | +InfinityT% | +InfinityT% | +InfinityT% |
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | FY25 |
|---|---|
| Revenue | 0 |
| Cost of revenue | 0 |
| Gross profit | 0 |
| Gross margin | — |
| Research & development | 14.9M |
| Selling, general & administrative | 7.8M |
| Operating expenses | 22.7M |
| Operating income | -22.7M |
| Operating margin | — |
| Non-operating income, net | 5.4M |
| Pretax income | -17.3M |
| Income tax | — |
| Net income | -17.3M |
| Net margin | — |
| EBITDA | -22.4M |
| EPS | -32.1 |
| Diluted EPS | -32.1 |
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 | Q3 26 |
|---|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 8.8M | 116K | 3.9M |
| Cost of revenue | — | 0 | 0 | 0 | — | — | — |
| Gross profit | — | 0 | 0 | 0 | — | — | — |
| Gross margin | — | — | — | — | — | — | — |
| Research & development | 5.7M | 3.4M | 3.8M | 2M | 2.5M | 4.3M | 3.5M |
| Selling, general & administrative | 2M | 1.7M | 1.5M | 2.6M | 1.7M | 3.1M | 2M |
| Operating expenses | 7.8M | 5.1M | 5.2M | 4.6M | 4.2M | 7.4M | 5.5M |
| Operating income | -7.8M | -5.1M | -5.2M | -4.6M | 4.7M | -7.3M | -1.6M |
| Operating margin | — | — | — | — | 52.7% | -6.3K% | -40.3% |
| Non-operating income, net | -53K | 2.7M | 419.6K | 2.4M | 18.5K | 65.2K | 149.3K |
| Pretax income | -7.8M | -2.4M | -4.8M | -2.2M | 4.7M | -7.3M | -1.4M |
| Income tax | — | — | — | — | — | — | — |
| Net income | -7.8M | -2.4M | -4.8M | -2.2M | 4.7M | -7.3M | -1.4M |
| Net margin | — | — | — | — | 52.9% | -6.3K% | -36.5% |
| EBITDA | -7.7M | -5M | -5.2M | -4.5M | 4.7M | -7.3M | -1.6M |
| EPS | -19.5 | -6 | -9 | — | 4.81 | -2.86 | -0.37 |
| Diluted EPS | -19.5 | -6 | -9 | — | 4.26 | -2.86 | -0.37 |
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 | FY25 |
|---|---|
| Cash & short-term investments | 2.6M |
| Receivables | — |
| Inventory | — |
| Total current assets | 2.9M |
| Property, plant & equipment | 129.4K |
| Goodwill & intangibles | — |
| Total assets | 3.3M |
| Accounts payable | 7M |
| Short-term debt | 129.8K |
| Total current liabilities | 8M |
| Long-term debt | 34K |
| Total liabilities | 8M |
| Shareholders' equity | -4.8M |
| Total debt | 163.8K |
| Net debt | -2.4M |
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 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 | Q3 26 |
|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 2.4M | 3.4M | 2.5M | 2.6M | 1.3M | 14.5M | 10.2M |
| Receivables | — | — | — | — | 6.9M | 1.6M | — |
| Inventory | — | — | — | — | — | — | — |
| Total current assets | 2.6M | 3.7M | 3.2M | 2.9M | 8.4M | 17.5M | 12.8M |
| Property, plant & equipment | 745.7K | 583.4K | 182.4K | 129.4K | 244.9K | 460.2K | 135K |
| Goodwill & intangibles | — | — | — | — | — | — | — |
| Total assets | 3.4M | 4.3M | 3.7M | 3.3M | 8.6M | 17.9M | 13.2M |
| Accounts payable | 3.9M | 6.7M | 7.8M | 7M | 7.4M | 5.5M | 1.7M |
| Short-term debt | 338K | 257.7K | 195K | 129.8K | 132.4K | 219.7K | 189.2K |
| Total current liabilities | 9.9M | 9.6M | 10M | 8M | 8.2M | 6.3M | 2.5M |
| Long-term debt | 132.4K | 100.1K | 67.2K | 34K | 0 | 129.1K | 97.5K |
| Total liabilities | 11.1M | 10.7M | 10.1M | 8M | 8.2M | 6.5M | 2.6M |
| Shareholders' equity | -7.7M | -6.4M | -6.4M | -4.8M | 396.4K | 11.5M | 10.6M |
| Total debt | 470.5K | 357.7K | 262.2K | 163.8K | 132.4K | 348.8K | 286.7K |
| Net debt | -1.9M | -3.1M | -2.3M | -2.4M | -1.1M | -14.1M | -9.9M |
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 | FY25 | Current |
|---|---|---|
| Market cap | — | 17M |
| Enterprise value | — | 8.1M |
| Shares outstanding | 538.3K | 538.3K |
| Metric | FY25 | Current |
|---|---|---|
| P/E | — | 91.8 |
| P/S | — | 1.39 |
| P/B | — | 1.69 |
| EV/EBITDA | — | -0.92 |
| EV/Sales | — | 0.63 |
| Earnings yield | — | 1.09% |
| FCF yield | — | -80.2% |
| PEG | — | -0.96 |
| Metric | FY25 | Current |
|---|---|---|
| Operating margin | — | -40.3% |
| Net margin | — | -48.5% |
| ROE | 362.3% | -297.2% |
| ROA | -529.8% | -65.3% |
| Return on tangible assets | -529.8% | -47.3% |
| Metric | FY25 | Current |
|---|---|---|
| Current ratio | 0.36 | 5.04 |
| Quick ratio | 0.36 | 5.04 |
| Debt / equity | -0.03 | 0.03 |
| Debt / assets | 0.05 | 0.02 |
| Net debt / EBITDA | 0.11 | 1.13 |
| Interest coverage | -1.2K | -860.4 |
| Metric | FY25 | Current |
|---|---|---|
| Revenue per share | 0 | 6.28 |
| EPS (basic) | -32.1 | -32.1 |
| EPS (diluted) | -32.1 | 0.11 |
| Book value per share | -8.87 | 5.96 |
| FCF per share | -39.6 | -3.83 |
| Cash per share | 4.76 | 5.71 |
| Metric | FY25 | Current |
|---|---|---|
| Payout ratio | — | 0% |
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 | FY25 |
|---|---|
| Net income | -17.3M |
| Depreciation & amortization | 258.9K |
| Stock-based compensation | 1.4M |
| Change in working capital | 2.6M |
| Operating cash flow | -21.3M |
| Capital expenditure | — |
| Investing cash flow | 0 |
| Dividends paid | — |
| Share repurchases | — |
| Financing cash flow | 7.8M |
| Net change in cash | -13.5M |
| Free cash flow | -21.3M |
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 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 | Q3 26 |
|---|---|---|---|---|---|---|---|
| Net income | -7.8M | -2.4M | -4.8M | -2.2M | 4.7M | -7.3M | -1.4M |
| Depreciation & amortization | 80.8K | 71.8K | 53.3K | 53K | 14.4K | 14.4K | 17K |
| Stock-based compensation | 349K | 349K | 347.7K | 336.6K | 167.7K | 310.7K | 420K |
| Change in working capital | -245.3K | 2.7M | 685.8K | -487.2K | -6.5M | 3.3M | -601.6K |
| Operating cash flow | -7.5M | 743.8K | -4M | -4.1M | -1.6M | -4.8M | -4.4M |
| Capital expenditure | — | — | 0 | — | — | — | — |
| Investing cash flow | 0 | 0 | 0 | 0 | — | — | — |
| Dividends paid | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — |
| Financing cash flow | -127K | -18.5K | 4.5M | 3.5M | 0 | 0 | -632 |
| Net change in cash | -7.7M | 725.2K | 408.6K | -585.8K | -1.6M | -4.8M | -4.4M |
| Free cash flow | -7M | -4.8M | -5.4M | -4.1M | -1.6M | -4.8M | -4.5M |