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 | -$0.01 | -$0.06 | -500.0% | — | $0 | — |
| Q4 25 | -$0.02 | -$0.04 | -100.0% | — | $0 | — |
| Q3 25 | -$0.02 | -$0.04 | -100.0% | — | $0 | — |
| Q2 25 | -$0.03 | -$0.03 | 0.0% | — | $0 | — |
| Q4 24 | -$0.03 | -$0.04 | -33.3% | — | $0 | — |
| Q3 24 | -$0.03 | -$0.03 | 0.0% | — | $0 | — |
| Q2 24 | -$0.02 | -$0.03 | -50.0% | — | $0 | — |
| Q1 24 | -$0.02 | -$0.04 | -100.0% | — | $0 | — |
| Q3 23 | — | -$0.03 | — | — | $0 | — |
| Q2 23 | -$0.02 | -$0.03 | -50.0% | — | $0 | — |
| Q1 23 | -$0.02 | -$0.04 | -100.0% | — | $0 | — |
| Q3 22 | -$0.04 | -$0.03 | +25.0% | — | $0 | — |
| Q2 22 | -$0.04 | -$0.07 | -75.0% | — | $0 | — |
| Q1 22 | -$0.04 | -$0.05 | -25.0% | — | $0 | — |
| Q4 21 | -$0.04 | -$0.04 | 0.0% | — | $0 | — |
| Q3 21 | -$0.04 | -$0.04 | 0.0% | — | $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 | — | -$0.13 | — | — | $0 | — |
| FY24 | — | -$0.13 | — | — | $0 | — |
| FY23 | — | -$0.13 | — | — | $0 | — |
| FY22 | — | -$0.19 | — | — | $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 | 402K | 640.7K | 523.3K | 612.6K | 595.5K | 542.9K | 640.3K | 632.5K | 647.5K | 743.1K |
| Gross profit | -402K | -640.7K | -523.3K | -612.6K | -595.5K | -542.9K | -640.3K | -632.5K | -647.5K | -743.1K |
| Gross margin | — | — | — | — | — | — | — | — | — | — |
| Research & development | — | — | — | — | — | — | — | — | — | — |
| Selling, general & administrative | 1.7M | 1.8M | 1.5M | 2.1M | 1.9M | 2.4M | 2.2M | 2.5M | 2.7M | 3.2M |
| Operating expenses | 2.6M | 7.4M | 5.9M | 5.8M | 6.2M | 5.3M | 6.9M | 5.6M | 7.8M | 6.2M |
| Operating income | -3M | -8M | -6.4M | -6.4M | -6.8M | -5.8M | -7.5M | -6.2M | -8.5M | -7M |
| Operating margin | — | — | — | — | — | — | — | — | — | — |
| Non-operating income, net | -2.4M | 425.3K | 344.6K | 400.4K | 728.9K | 366.2K | 331K | 184.1K | 1.6M | -429.6K |
| Pretax income | -5.3M | -7.6M | -6.1M | -6M | -6.4M | -5.9M | -7.6M | -6.5M | -8M | -9M |
| Income tax | 0 | -3.2M | 0 | — | — | 0 | 277.6K | -37.6K | 33.4K | 19.2K |
| Net income | -5.3M | -4.3M | -6.1M | -6M | -6.4M | -5.9M | -7.8M | -6.5M | -8.1M | -9.1M |
| Net margin | — | — | — | — | — | — | — | — | — | — |
| EBITDA | -2.8M | -7.7M | -6.1M | -6M | -6M | -5.5M | -7.2M | -6M | -6M | -6.9M |
| EPS | -0.63 | -0.27 | -0.28 | -0.23 | -0.23 | -0.17 | -0.19 | -0.13 | -0.13 | -0.13 |
| Diluted EPS | -0.63 | -0.27 | -0.28 | -0.23 | -0.23 | -0.17 | -0.19 | -0.13 | -0.13 | -0.13 |
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 | Q3 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost of revenue | 157.1K | 157.1K | 157.1K | 157.1K | 176.1K | 166.6K | 186.4K | 185.4K | 204.8K | 188.6K | 213.3K | 154.3K |
| Gross profit | -157.1K | -157.1K | -157.1K | -157.1K | -176.1K | -166.6K | -186.4K | -185.4K | -204.8K | -188.6K | -213.3K | -154.3K |
| Gross margin | — | — | — | — | — | — | — | — | — | — | — | — |
| Research & development | — | — | — | — | — | — | — | — | — | — | — | — |
| Selling, general & administrative | 561.3K | 500.2K | 567.5K | 966.5K | 700.2K | 700.3K | 593.3K | 1.2M | 671.9K | 675K | 1.1M | 975.3K |
| Operating expenses | 1.4M | 1.9M | 2.5M | 2M | 1.5M | 1.2M | 1M | 2M | 1.9M | 1.3M | 1.9M | 2.2M |
| Operating income | -1.5M | -2M | -2.6M | -2.2M | -1.7M | -1.4M | -1.2M | -2.2M | -2.1M | -1.5M | -2.1M | -2.4M |
| Operating margin | — | — | — | — | — | — | — | — | — | — | — | — |
| Non-operating income, net | 90.7K | 85.7K | 1.2M | 809.8K | -482.7K | 242.3K | -400.1K | -11.9K | -259.9K | -2.4M | -1.9M | -2.1M |
| Pretax income | -1.6M | -2.1M | -1.6M | -1.8M | -2.6M | -1.6M | -2M | -2.6M | -2.8M | -4.3M | -4.4M | -4.9M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — |
| Net income | -1.5M | -2.1M | -1.6M | -1.8M | -2.6M | -1.6M | -2M | -2.6M | -2.8M | -4.3M | -4.4M | -4.9M |
| Net margin | — | — | — | — | — | — | — | — | — | — | — | — |
| EBITDA | -1.4M | -1.9M | -1.4M | -1.1M | -1.5M | -1.4M | -1.2M | -2.2M | -2.1M | -1.5M | -2.1M | -2.2M |
| EPS | — | -0.04 | -0.03 | -0.03 | — | -0.02 | -0.03 | -0.04 | — | -0.06 | -0.06 | -0.06 |
| Diluted EPS | — | -0.04 | -0.03 | -0.03 | — | -0.02 | -0.03 | -0.04 | — | -0.06 | -0.06 | -0.06 |
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 | 14.1M | — | — | — | 34.2M | — | — | — | — | — | 107.8M |
| Enterprise value | 8.2M | — | — | — | 34.1M | — | — | — | — | — | 114.8M |
| Shares outstanding | 8.5M | 16.3M | 21.6M | 25.9M | 27.6M | 35.5M | 42.4M | 48.7M | 59.9M | 67.8M | 67.8M |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | — | — | — | — | -9.62 |
| P/B | 0.41 | — | — | — | 0.73 | — | — | — | — | — | 3.12 |
| EV/EBITDA | -2.94 | — | — | — | -5.64 | — | — | — | — | — | -14.2 |
| Earnings yield | — | — | — | — | — | — | — | — | — | — | -10.4% |
| FCF yield | -18.6% | — | — | — | -15.1% | — | — | — | — | — | -2.18% |
| PEG | — | — | — | — | — | — | — | — | — | — | -0.19 |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | — | — | — | — | — | — | 0% |
| Net margin | — | — | — | — | — | — | — | — | — | — | 0% |
| ROE | -15.8% | -8.94% | -12.3% | -12.6% | -13.7% | -12.5% | -16.9% | -15.1% | -21.1% | -27% | -46.1% |
| ROA | -15.1% | -8.56% | -11.9% | -12.1% | -11.9% | -10.9% | -14% | -11.9% | -14.3% | -17.3% | -9.2% |
| ROIC | -10.6% | -17.1% | -13.1% | — | — | -12% | -15.6% | -13% | -19.2% | -15.9% | -15.9% |
| Return on tangible assets | -15.1% | -8.56% | -11.9% | -12.1% | -11.9% | -10.9% | -14% | -11.9% | -14.3% | -17.3% | -26.2% |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current ratio | 13.3 | 1.97 | 0.54 | 0.75 | 5.44 | 4.49 | 4.97 | 0.25 | 9.86 | 4.1 | 3.08 |
| Quick ratio | 13.3 | 1.97 | 0.54 | 0.75 | 5.44 | 4.49 | 4.97 | 0.25 | 9.86 | 4.1 | 2.71 |
| Debt / equity | — | — | — | — | 0.11 | 0.09 | 0.09 | 0.14 | 0.3 | 0.35 | 0.35 |
| Debt / assets | — | — | — | — | 0.1 | 0.08 | 0.08 | 0.11 | 0.2 | 0.22 | 0.19 |
| Net debt / EBITDA | — | — | — | — | 0.02 | -0.19 | -0.24 | -0.83 | -1.01 | -1.49 | 0.12 |
| Interest coverage | -24.7K | -3.1K | -1.1K | -628.7 | -15.5 | -12.4 | -18 | -13 | -5.89 | -4.34 | -8.74 |
| Effective tax rate | 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 | 0 |
| EPS (basic) | -0.63 | -0.27 | -0.28 | -0.23 | -0.23 | -0.17 | -0.19 | -0.13 | -0.13 | -0.13 | -0.13 |
| EPS (diluted) | -0.63 | -0.27 | -0.28 | -0.23 | -0.23 | -0.17 | -0.19 | -0.13 | -0.13 | -0.13 | -0.19 |
| Book value per share | 3.98 | 2.97 | 2.28 | 1.83 | 1.71 | 1.33 | 1.1 | 0.88 | 0.64 | 0.5 | 0.39 |
| FCF per share | -0.31 | -0.4 | -0.38 | -0.22 | -0.19 | -0.17 | -0.16 | -0.11 | -0.09 | -0.09 | -0.09 |
| Cash per share | 0.69 | 0.12 | 0.01 | 0.02 | 0.2 | 0.09 | 0.06 | 0.02 | 0.09 | 0.02 | 0.12 |
| Capex per share | 0 | 0 | 0.11 | 0.07 | 0 | 0 | 0 | 0 | 0 | — | — |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Capex / operating cash flow | -0.21% | -0.04% | -40.9% | -34.5% | -0.1% | -1.68% | -0.73% | -1.58% | -1.55% | — | — |
| Payout ratio | — | — | — | — | — | — | — | — | — | — | 0% |
| FY21 | — | -$0.17 | — | — | $0 | — |
| FY20 | — | -$0.23 | — | — | $0 | — |
| FY19 | — | -$0.23 | — | — | $0 | — |
| FY18 | — | -$0.28 | — | — | $0 | — |
| FY17 | — | -$0.27 | — | — | $0 | — |
| FY16 | — | -$0.63 | — | — | $0 | — |
| Period | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 | Q3 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 | 5.9M | 1.9M | 297.4K | 463.7K | 5.4M | 3.1M | 2.5M | 824.9K | 5.4M | 1.4M |
| Receivables | 0 | 15.8K | 0 | — | — | — | — | — | — | — |
| Inventory | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 7.4M | 2.1M | 557.8K | 812.5K | 5.9M | 4.3M | 3.8M | 2.3M | 6.7M | 2.7M |
| Property, plant & equipment | 25.7M | — | — | — | — | — | — | — | — | — |
| Goodwill & intangibles | — | — | — | — | — | — | — | — | — | — |
| Total assets | 35.5M | 50.7M | 51.2M | 49.3M | 53.9M | 54M | 56M | 54.3M | 56.4M | 52.4M |
| Accounts payable | — | — | — | — | — | — | — | — | — | — |
| Short-term debt | — | — | — | — | — | — | — | 5.9M | — | — |
| Total current liabilities | 559.9K | 1.1M | 1M | 1.1M | 1.1M | 949K | 758.3K | 9.3M | 683.8K | 660K |
| Long-term debt | — | — | — | — | 5.3M | 4.2M | 4.2M | — | 11.5M | 11.6M |
| Total liabilities | 1.6M | 2.1M | 2M | 1.9M | 6.8M | 6.7M | 9.6M | 11.5M | 18.2M | 18.8M |
| Shareholders' equity | 33.9M | 48.6M | 49.2M | 47.3M | 47.1M | 47.4M | 46.4M | 42.8M | 38.2M | 33.6M |
| Total debt | — | — | — | — | 5.3M | 4.2M | 4.2M | 5.9M | 11.5M | 11.6M |
| Net debt | — | — | — | — | -142.2K | 1M | 1.7M | 5M | 6M | 10.3M |
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 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 | Q3 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 824.9K | 1M | 8.6M | 7M | 5.4M | 4.3M | 3.4M | 2.1M | 1.4M | 4.2M | 3.5M | 12.7M |
| Receivables | — | — | — | — | — | — | — | — | — | — | — | — |
| Inventory | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 2.3M | 2.5M | 9.4M | 7.8M | 6.7M | 5.3M | 4.2M | 2.8M | 2.7M | 5.1M | 4.2M | 13.2M |
| Property, plant & equipment | — | — | — | — | — | — | — | — | — | — | — | — |
| Goodwill & intangibles | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | 54.3M | 54.5M | 61.4M | 59.9M | 56.4M | 55M | 53.9M | 52.6M | 52.4M | 54.8M | 53.9M | 62.9M |
| Accounts payable | — | — | — | — | — | — | — | — | — | — | — | — |
| Short-term debt | 5.9M | 5.8M | — | — | — | — | — | — | — | — | — | — |
| Total current liabilities | 9.3M | 10.2M | 4.3M | 3.5M | 683.8K | 509.2K | 468.1K | 661.4K | 660K | 3.9M | 4.1M | 4.9M |
| Long-term debt | — | — | 11.4M | 11.4M | 11.5M | 11.5M | 11.5M | 11.6M | 11.6M | 11.7M | 11.7M | 11.8M |
| Total liabilities | 11.5M | 12.4M | 20.7M | 20.4M | 18.2M | 17.9M | 18.3M | 18.6M | 18.8M | 23.3M | 25.4M | 27.6M |
| Shareholders' equity | 42.8M | 42.1M | 40.8M | 39.5M | 38.2M | 37.1M | 35.5M | 34M | 33.6M | 31.5M | 28.5M | 35.3M |
| Total debt | 5.9M | 5.8M | 11.4M | 11.4M | 11.5M | 11.5M | 11.5M | 11.6M | 11.6M | 11.7M | 11.7M | 11.8M |
| Net debt | 5M | 4.8M | 2.8M | 4.4M | 6M | 7.2M | 8.1M | 9.4M | 10.3M | 7.5M | 8.2M | -940.4K |
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 | -5.3M | -4.3M | -6.1M | -6M | -6.4M | -5.9M | -7.8M | -6.5M | -8.1M | -9.1M |
| Depreciation & amortization | 3.9K | 4.8K | 3.7K | 2.6K | 2.6K | 2.5K | 2.2K | 1.9K | 1.4K | 2.7K |
| Stock-based compensation | 570.8K | 243.4K | 71.3K | 231.5K | 1.2M | 618.2K | 440.3K | 350K | 331.1K | 589.7K |
| Change in working capital | -582.3K | -15.8K | -488 | 16.3K | 0 | -246.5K | -1.9K | 458.5K | -131.2K | -23.8K |
| Operating cash flow | -5.2M | -7.2M | -5.9M | -5.6M | -4.8M | -5.2M | -6.5M | -5.1M | -6.4M | -6.3M |
| Capital expenditure | -10.8K | -2.5K | -2.4M | 1.9M | -4.7K | -87.5K | -47.7K | -80K | -100K | — |
| Investing cash flow | -810.8K | -1M | -2.4M | 1.9M | -4.7K | -87.5K | -47.7K | -126.7K | -100K | — |
| Dividends paid | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | 0 | 3.6M | 6.6M | 2.9M | 10.1M | 3.7M | 6.1M | 3.7M | 4.2M | 2.4M |
| Net change in cash | -6M | -4.6M | -1.6M | -742.3K | 5.3M | -1.6M | -475.4K | -1.5M | -2.4M | -3.9M |
| Free cash flow | -2.6M | -6.5M | -8.2M | -5.6M | -5.2M | -6M | -6.7M | -5.3M | -5.5M | -6.4M |
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 | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 | Q3 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income | -1.5M | -2.1M | -1.6M | -1.8M | -2.6M | -1.6M | -2M | -2.6M | -2.8M | -4.3M | -4.4M | -4.9M |
| Depreciation & amortization | 481 | 342 | 341 | 337 | 338 | 1.4K | 402 | 237 | 594 | 907 | 906 | 896 |
| Stock-based compensation | 71.6K | 66.7K | 43.4K | 149.2K | 71.8K | 62.2K | 60.5K | 402K | 65K | 22.2K | 158.4K | 163.1K |
| Change in working capital | 362.8K | 910.6K | -39.4K | -583.7K | -418.7K | -174.6K | -41.1K | 193.3K | -1.5K | -18K | 175.7K | -74K |
| Operating cash flow | -1M | -883.7K | -1.3M | -1.9M | -2.4M | -1.2M | -1.6M | -1.6M | -2.7M | -1.1M | -1.4M | -2M |
| Capital expenditure | 0 | 0 | -50K | -50K | 0 | -8K | -51.1K | -100K | — | — | — | — |
| Investing cash flow | 0 | 0 | -50K | -50K | 0 | -8K | -51.1K | -100K | — | — | — | — |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | 2.2M | 1.1M | 52.1K | -4.3M | 755.2K | 46.4K | 57.9K | 335.3K | 1.9M | 1.9M | 818.5K | 11.2M |
| Net change in cash | 1.2M | 204.8K | -1.3M | -6.2M | -1.7M | -1.2M | -1.6M | -1.4M | -786.1K | 814.9K | -579K | 9.2M |
| Free cash flow | -2M | -899.3K | -677.7K | -1.6M | -2.3M | -1.2M | -946.4K | -1.6M | -2.7M | -1.1M | -1.4M | -2M |