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 | -$0.04 | -33.3% | — | $0 | — |
| Q4 25 | -$0.01 | -$0.03 | -200.0% | — | $0 | — |
| Q3 25 | -$0.01 | -$0.01 | 0.0% | — | $0 | — |
| Q2 25 | -$0.01 | -$0.01 | 0.0% | — | — | — |
| Q1 25 | -$0.01 | -$0.03 | -200.0% | — | — | — |
| Q4 24 | -$0.01 | -$0.01 | 0.0% | — | $0 | — |
| Q3 24 | -$0.01 | -$0.01 | 0.0% | — | — | — |
| Q2 24 | -$0.01 | -$0.01 | 0.0% | — | — | — |
| Q1 24 | -$0.01 | -$0.03 | -200.0% | — | — | — |
| Q4 23 | -$0.02 | -$0.03 | -50.0% | — | $0 | — |
| Q3 23 | -$0.02 | -$0.04 | -100.0% | — | — | — |
| Q2 23 | -$0.02 | -$0.03 | -50.0% | — | $0 | — |
| Q1 23 | -$0.02 | -$0.04 | -100.0% | — | $0 | — |
| Q4 22 | -$0.02 | -$0.05 | -150.0% | — | $0 | — |
| Q3 22 | -$0.03 | -$0.09 | -200.0% | — | $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 | — | -$0.26 | — | — | $0 | — |
| FY24 | — | -$0.05 | — | — | $0 | — |
| FY23 | — | -$0.1 | — | — | $0 | — |
| FY22 | — | -$0.17 | — | — | $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 | 5.1M | 15.2M | 16.6M | 19.4M | 1.6M | 21K | 17K | 8K | 4K | 0 |
| Gross profit | -5.1M | -15.2M | -16.6M | -19.4M | -1.6M | -21K | -17K | -8K | -4K | 0 |
| Gross margin | — | — | — | — | — | — | — | — | — | — |
| Research & development | — | — | — | — | — | — | — | — | — | — |
| Selling, general & administrative | 3.4M | 3.8M | 4.9M | 8.4M | 9.9M | 7.8M | 6.7M | 7M | 6.6M | 9.1M |
| Operating expenses | 3.6M | 4.1M | 5.3M | 9M | 10.5M | 8.6M | 6.9M | 7.2M | 6.7M | 9.4M |
| Operating income | -8.7M | -19.3M | -21.9M | -28.4M | -12.1M | -8.6M | -6.9M | -7.2M | -6.7M | -9.4M |
| Operating margin | — | — | — | — | — | — | — | — | — | — |
| Non-operating income, net | -59K | -1.8M | -246K | 19K | 173.8M | -13.1M | -17.3M | -7.8M | -2.6M | -34M |
| Pretax income | -8.7M | -21.1M | -21.8M | -27.9M | 161.8M | -21.7M | -24.3M | -15M | -8.6M | -42.2M |
| Income tax | — | — | — | — | — | — | — | — | — | — |
| Net income | -4.9M | -21.1M | -21.8M | -27.9M | 161.8M | -21.7M | -24.3M | -15M | -8.6M | -42.2M |
| Net margin | — | — | — | — | — | — | — | — | — | — |
| EBITDA | -8.5M | -17.4M | -21.5M | -28.2M | -187.7M | -8.5M | -6.9M | -7.2M | -6.7M | 13.1M |
| EPS | -0.05 | -0.2 | -0.18 | -0.21 | 1.14 | -0.15 | -0.17 | -0.1 | -0.05 | -0.26 |
| Diluted EPS | -0.05 | -0.2 | -0.18 | -0.21 | 1.12 | -0.15 | -0.17 | -0.1 | -0.05 | -0.26 |
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 |
| Cost of revenue | — | 2K | — | — | — | 0 | — | — | 0 | 0 | — | — |
| Gross profit | — | -2K | — | — | — | 0 | — | — | 0 | 0 | — | — |
| Gross margin | — | — | — | — | — | — | — | — | — | — | — | — |
| Research & development | — | — | — | — | — | — | — | — | — | — | — | — |
| Selling, general & administrative | — | 1.1M | — | — | — | 1.5M | — | — | 1.1M | 3.2M | 4.6M | 2.1M |
| Operating expenses | — | 1.2M | — | — | — | 1.5M | — | — | 1.2M | 3.4M | 4.7M | 2.1M |
| Operating income | — | -1.2M | — | — | — | -1.5M | — | — | -1.2M | -3.4M | -4.7M | -2.1M |
| Operating margin | — | — | — | — | — | — | — | — | — | — | — | — |
| Non-operating income, net | — | -1.9M | — | — | — | -597K | — | — | -895K | -31.7M | -2.8M | -4.6M |
| Pretax income | — | -3M | — | — | — | -1.6M | — | — | -1.7M | -34.7M | -7.1M | -6.3M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — |
| Net income | — | -3M | — | — | — | -1.6M | — | — | -1.7M | -34.7M | -7.1M | -6.3M |
| Net margin | — | — | — | — | — | — | — | — | — | — | — | — |
| EBITDA | — | -1.2M | — | — | — | -1.5M | — | — | -1.2M | 19.2M | -3.2M | 163K |
| EPS | -0.03 | — | -0.02 | -0.01 | -0.01 | — | -0.02 | -0.01 | -0.01 | — | -0.04 | -0.04 |
| Diluted EPS | -0.03 | — | -0.02 | -0.01 | -0.01 | — | -0.02 | -0.01 | -0.01 | — | -0.04 | -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 | — | 85.5M | — | — | 273M | 245.5M | 86M | 65.6M | 196.6M | 705.4M | 565.3M |
| Enterprise value | — | 77.6M | — | — | 262.5M | 239.6M | 83.6M | 63.1M | 170.9M | 653.9M | 514M |
| Shares outstanding | 105.1M | 105.6M | 121.8M | 135.2M | 141.5M | 144.4M | 145.7M | 152.6M | 159.8M | 164.8M | 164.8M |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | 1.69 | — | — | — | — | — | -12.2 |
| P/B | — | 3.33 | — | — | 1.49 | 1.48 | 0.59 | 0.48 | 1.48 | 5.68 | 4.78 |
| EV/EBITDA | — | -4.46 | — | — | -1.4 | -28.1 | -12.1 | -8.75 | -25.5 | 49.8 | 39.1 |
| Earnings yield | — | — | — | — | 59.2% | — | — | — | — | — | -8.23% |
| FCF yield | — | -18.4% | — | — | -3.02% | -2.08% | -4.58% | -4.71% | -0.93% | -0.46% | 5.63% |
| PEG | — | — | — | — | — | — | — | — | — | — | -0.04 |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | — | — | — | — | — | — | 0% |
| Net margin | — | — | — | — | — | — | — | — | — | — | 0% |
| ROE | -10.5% | -82.2% | -67.8% | -152.8% | 88% | -13% | -16.7% | -10.9% | -6.47% | -34% | -40.5% |
| ROA | -10.4% | -52.4% | -40% | -54.1% | 87.3% | -12.9% | -16.6% | -10.8% | -6.42% | -26.9% | -4.92% |
| Return on tangible assets | -10.4% | -52.4% | -40% | -54.1% | 87.3% | -12.9% | -16.6% | -10.8% | -6.42% | -26.9% | -33% |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current ratio | 26.4 | 2.14 | 14.3 | 8.56 | 10.9 | 6.41 | 5.45 | 6.2 | 32.8 | 1.57 | 1.11 |
| Quick ratio | 26.4 | 2.14 | 14.3 | 8.56 | 10.9 | 6.41 | 5.45 | 6.2 | 32.8 | 1.57 | 1.11 |
| Debt / equity | — | — | — | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debt / assets | — | — | — | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net debt / EBITDA | — | — | — | — | 0.06 | 0.69 | 0.34 | 0.35 | 3.84 | -3.92 | -2.59 |
| 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) | -0.05 | -0.2 | -0.18 | -0.21 | 1.14 | -0.15 | -0.17 | -0.1 | -0.05 | -0.26 | -0.26 |
| EPS (diluted) | -0.05 | -0.2 | -0.18 | -0.21 | 1.12 | -0.15 | -0.17 | -0.1 | -0.05 | -0.26 | -0.3 |
| Book value per share | 0.44 | 0.24 | 0.26 | 0.14 | 1.3 | 1.15 | 1 | 0.9 | 0.83 | 0.75 | 0.67 |
| FCF per share | -0.08 | -0.15 | -0.18 | -0.18 | -0.06 | -0.04 | -0.03 | -0.02 | -0.01 | -0.02 | -0.03 |
| Cash per share | 0.14 | 0.07 | 0.19 | 0.14 | 0.08 | 0.04 | 0.02 | 0.02 | 0.16 | 0.31 | 0.23 |
| Capex per share | 0 | 0.1 | 0.09 | 0.07 | 0 | 0 | 0 | 0 | 0 | — | — |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Capex / operating cash flow | -2.99% | -48.6% | -52.7% | -39.7% | 0% | 0% | -0.69% | 0% | 0% | — | — |
| Payout ratio | — | — | — | — | — | — | — | — | — | — | 0% |
| FY21 | — | -$0.15 | — | — | $0 | — |
| FY20 | — | $1.14 | — | — | $0 | — |
| FY19 | — | -$0.21 | — | — | $0 | — |
| FY18 | — | -$0.18 | — | — | $0 | — |
| FY17 | — | -$0.2 | — | — | $0 | — |
| FY16 | — | -$0.05 | — | — | $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 |
| YoY change | — | 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 | 14.9M | 7.9M | 23M | 19.2M | 11.1M | 6.3M | 2.6M | 2.6M | 25.8M | 51.6M |
| Receivables | 47K | 470K | 23K | 0 | 114K | — | 17K | 33K | 16K | 118K |
| Inventory | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 15.6M | 9.1M | 23.6M | 20.2M | 11.4M | 6.6M | 2.9M | 2.9M | 26M | 51.9M |
| Property, plant & equipment | 30.8M | 31.1M | 30.9M | 31.3M | 682K | 148K | 24K | 4K | — | — |
| Goodwill & intangibles | — | — | — | — | — | — | — | — | — | — |
| Total assets | 46.7M | 40.3M | 54.7M | 51.6M | 185.3M | 167.3M | 146M | 138M | 133.7M | 157.3M |
| Accounts payable | 160K | 2.8M | 400K | 902K | 226K | 205K | 188K | 146K | 196K | 646K |
| Short-term debt | — | — | — | — | 158K | 179K | 189K | 33K | 37K | 41K |
| Total current liabilities | 593K | 4.2M | 1.7M | 2.4M | 1M | 1M | 534K | 465K | 793K | 33.1M |
| Long-term debt | — | — | — | — | 408K | 235K | 33K | — | 110K | 70K |
| Total liabilities | 593K | 14.6M | 22.5M | 33.4M | 1.5M | 1.3M | 567K | 465K | 903K | 33.2M |
| Shareholders' equity | 46.2M | 25.7M | 32.2M | 18.3M | 183.8M | 166M | 145.4M | 137.6M | 132.8M | 124.1M |
| Total debt | — | — | — | — | 566K | 414K | 222K | 33K | 147K | 111K |
| Net debt | — | — | — | — | -10.6M | -5.9M | -2.4M | -2.6M | -25.7M | -51.5M |
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 | 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 | 3M | 2.6M | 2M | 14M | 25.7M | 25.8M | 25.2M | 24.6M | 23.4M | 51.6M | 47.8M | 38.8M |
| Receivables | 10K | 33K | 14K | 15K | 8K | 16K | 19K | 20K | 17K | 118K | 112K | 106K |
| Inventory | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 3.5M | 2.9M | 2.2M | 14.1M | 26.1M | 26M | 25.3M | 24.7M | 23.7M | 51.9M | 48M | 39M |
| Property, plant & equipment | 194K | 4K | 68K | 17K | — | — | — | — | — | — | — | 96K |
| Goodwill & intangibles | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | 140.6M | 138M | 136.6M | 135.3M | 134.4M | 133.7M | 132.4M | 131M | 129.1M | 157.3M | 154.5M | 151.2M |
| Accounts payable | 92K | 146K | 159K | 85K | 51K | 196K | 297K | 249K | 141K | 646K | 231K | 125K |
| Short-term debt | 82K | 33K | — | — | 37K | 37K | 36K | 39K | 40K | 41K | 43K | 44K |
| Total current liabilities | 564K | 465K | 464K | 463K | 428K | 793K | 702K | 874K | 373K | 33.1M | 33M | 35.2M |
| Long-term debt | — | — | — | — | 125K | 110K | 98K | 93K | 82K | 70K | 60K | 48K |
| Total liabilities | 564K | 465K | 464K | 463K | 553K | 903K | 800K | 967K | 455K | 33.2M | 33.1M | 35.3M |
| Shareholders' equity | 140M | 137.6M | 136.1M | 134.9M | 133.8M | 132.8M | 131.6M | 130M | 128.7M | 124.1M | 121.5M | 115.9M |
| Total debt | 82K | 33K | — | — | 162K | 147K | 134K | 132K | 122K | 111K | 103K | 92K |
| Net debt | -3M | -2.6M | — | — | -25.6M | -25.7M | -25.1M | -24.5M | -23.3M | -51.5M | -47.7M | -38.7M |
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 | -4.9M | -21.1M | -21.8M | -27.9M | 161.8M | -21.7M | -24.3M | -15M | -8.6M | -42.2M |
| Depreciation & amortization | 174K | 107K | 160K | 211K | 91K | 21K | 17K | 8K | 4K | 0 |
| Stock-based compensation | 615K | 705K | 1.4M | 3.8M | 3.6M | 3.5M | 3.4M | 3.9M | 3.5M | 3.3M |
| Change in working capital | -8K | -423K | 447K | -241K | 135K | 110K | 2K | 7K | 17K | 8K |
| Operating cash flow | -4.1M | -20.7M | -19.8M | -24.1M | 165.6M | -18.1M | -20.7M | -10.9M | -4.8M | -3.2M |
| Capital expenditure | -122K | 10.1M | 10.4M | 9.6M | 0 | 0 | 142K | 0 | 0 | — |
| Investing cash flow | -78K | 13.5M | 12.7M | 9.6M | 0 | -119K | 142K | 0 | 25M | -1M |
| Dividends paid | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | -29K | -90K | 0 | 0 | — | — | — | — | — | — |
| Financing cash flow | -58K | -180K | 26.9M | 0 | 0 | 0 | 0 | 3.1M | 0 | 24.3M |
| Net change in cash | -4.2M | -7.4M | 19.9M | -14.5M | 165.6M | -18.2M | -20.6M | -7.8M | 20.1M | 20.1M |
| Free cash flow | -8.8M | -15.7M | -22.1M | -24.1M | -8.3M | -5.1M | -3.9M | -3.1M | -1.8M | -3.2M |
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 | -4.1M | -3M | -3.6M | -1.8M | -1.6M | -1.6M | -3.6M | -2.2M | -1.7M | -34.7M | -7.1M | -6.3M |
| Depreciation & amortization | 2K | 2K | 1K | 2K | 1K | 0 | 0 | 0 | 0 | 0 | — | — |
| Stock-based compensation | 526K | 508K | 2M | 509K | 506K | 506K | 2.2M | 367K | 374K | 365K | 3.1M | 674K |
| Change in working capital | 6K | 0 | 19K | -1K | 7K | -8K | -3K | -1K | 3K | 9K | 7K | 5K |
| Operating cash flow | -3.5M | -2.5M | -1.5M | -1.2M | -1M | -1.1M | -1.4M | -1.8M | -1.3M | -558K | -2.7M | -1M |
| Capital expenditure | — | 0 | — | — | — | — | — | — | — | — | — | — |
| Investing cash flow | 0 | 0 | — | — | 12.5M | 0 | — | 0 | 0 | -1M | -2.5M | -8M |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | 0 | 0 | — | — | 0 | 0 | — | — | — | — | 1.2M | 0 |
| Net change in cash | -3.5M | -2.5M | -1.5M | -1.2M | 11.5M | -1.1M | -1.4M | -1.8M | -1.3M | -1.6M | -4.1M | -9M |
| Free cash flow | -1.1M | -459K | -579K | -490K | -785K | 26K | -748K | -677K | -1.3M | -558K | -2.7M | -1M |