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 | -$0.04 | -$0.03 | +25.0% | — | $0 | — |
| Q1 23 | — | -$0.05 | — | — | $0 | — |
| Q4 22 | — | -$0.04 | — | — | $0 | — |
| Q3 22 | — | -$0.07 | — | — | $0 | — |
| Q2 22 | — | -$0.07 | — | — | $0 | — |
| Q1 22 | — | -$0.08 | — | — | $0 | — |
| Q4 21 | — | -$0.07 | — | — | $0 | — |
| Q3 21 | — | -$0.13 | — | — | $0 | — |
| Q2 21 | — | -$0.11 | — | — | $0 | — |
| Q1 21 | — | -$0.19 | — | — | $0 | — |
| Q4 20 | — | -$0.05 | — | — | $0 | — |
| Q3 20 | — | -$1.23 | — | — | $0 | — |
| Q2 20 | — | -$0.43 | — | — | $0 | — |
| Q1 20 | — | -$0.82 | — | — | $0 | — |
| Q4 19 | — | -$0.67 | — | — | $0 | — |
| Q3 19 | — | -$0.95 | — | — | $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 | — | -$0.32 | — | — | $0 | — |
| FY24 | — | -$0.22 | — | — | $0 | — |
| FY23 | — | -$0.15 | — | — | $0 | — |
| FY22 | — | -$0.25 | — | — | $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 | 3.5M | 4.7M | 3.7M | 326K | 51K | 130K | 180K | 255K | 284K | 784K |
| Gross profit | -3.5M | -4.7M | -3.7M | -326K | -51K | -130K | -180K | -255K | -284K | -784K |
| Gross margin | — | — | — | — | — | — | — | — | — | — |
| Research & development | — | — | — | 116K | 4M | 6M | 1.1M | 2.9M | 1.2M | 1.1M |
| Selling, general & administrative | 7.7M | 6.6M | 7.4M | 4.5M | 5.7M | 8.9M | 9.9M | 9.8M | 10M | 12.4M |
| Operating expenses | 8.1M | 7.7M | 8.3M | 5M | 9.7M | 15.9M | 11.8M | 13M | 11.2M | 13.7M |
| Operating income | -11.6M | -12.4M | -12M | -4.9M | -9.8M | -16M | -12M | -13.3M | -11.5M | -14.5M |
| Operating margin | — | — | — | — | — | — | — | — | — | — |
| Non-operating income, net | -5.2M | -7.5M | -24.4M | -1.4M | -4.1M | -136K | -192K | 4.2M | -1.5M | -11.8M |
| Pretax income | -19.6M | -19.3M | -35.7M | -6M | -13.9M | -16.1M | -11.1M | -7.8M | -12.7M | -27.3M |
| Income tax | — | — | — | — | — | — | — | — | — | — |
| Net income | -19.6M | -19.3M | -35.7M | -10.6M | -23.6M | -16.1M | -11.1M | -7.8M | -12.7M | -27.3M |
| Net margin | — | — | — | — | — | — | — | — | — | — |
| EBITDA | -11.6M | -4.7M | 12.5M | -3.5M | -5.7M | -15.9M | -11.6M | -17.3M | -9.7M | -2.4M |
| EPS | -186.5 | -39 | -38.5 | -5.39 | -2.68 | -0.49 | -0.25 | -0.15 | -0.22 | -0.32 |
| Diluted EPS | -186.5 | -39 | -38.5 | -5.39 | -2.68 | -0.49 | -0.25 | -0.15 | -0.22 | -0.32 |
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 | 120K | 74K | 62K | 68K | 76K | 78K | 152K | 164K | 257K | 211K | 190K | 202K |
| Gross profit | -120K | -74K | -62K | -68K | -76K | -78K | -152K | -164K | -257K | -211K | -190K | -202K |
| Gross margin | — | — | — | — | — | — | — | — | — | — | — | — |
| Research & development | 979K | 257K | 315K | 281K | 254K | 327K | 182K | 275K | 370K | 312K | 550K | 355K |
| Selling, general & administrative | 2.5M | 2.2M | 2.6M | 2.5M | 2.4M | 2.5M | 2.3M | 3.1M | 3.5M | 3.5M | 3.5M | 3.6M |
| Operating expenses | 3.6M | 2.5M | 2.9M | 2.8M | 2.7M | 2.8M | 2.5M | 3.4M | 3.8M | 4M | 4.4M | 4.2M |
| Operating income | -3.7M | -2.6M | -3M | -2.8M | -2.8M | -2.9M | -2.6M | -3.6M | -4.1M | -4.2M | -4.6M | -4.4M |
| Operating margin | — | — | — | — | — | — | — | — | — | — | — | — |
| Non-operating income, net | 21K | 4.2M | -31K | -1M | -389K | 1K | -41K | -321K | -5.8M | -5.6M | -82K | 94K |
| Pretax income | -3.5M | 1.8M | -2.9M | -3.8M | -3.1M | -2.8M | -2.7M | -3.9M | -9.8M | -10.9M | -4.7M | -4.3M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — |
| Net income | -3.5M | 1.8M | -2.9M | -3.8M | -3.1M | -2.8M | -2.7M | -3.9M | -9.8M | -10.9M | -4.7M | -4.3M |
| Net margin | — | — | — | — | — | — | — | — | — | — | — | — |
| EBITDA | -3.7M | -6.8M | -2.9M | -1.7M | -2.3M | -2.8M | -2.5M | -3.4M | 2M | 1.5M | -4.4M | -4.2M |
| EPS | -0.07 | — | -0.05 | -0.07 | -0.05 | — | -0.04 | -0.05 | -0.12 | — | -0.04 | -0.03 |
| Diluted EPS | -0.07 | — | -0.05 | -0.07 | -0.05 | — | -0.04 | -0.05 | -0.12 | — | -0.04 | -0.03 |
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 | — | — | — | — | — | — | — | — | — | — | 66.9M |
| Enterprise value | — | — | — | — | — | — | — | — | — | — | 31.7M |
| Shares outstanding | 105K | 494.7K | 927.7K | 2M | 8.8M | 32.7M | 44.9M | 52M | 58.5M | 86M | 86M |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | — | — | — | — | -1.63 |
| P/B | — | — | — | — | — | — | — | — | — | — | 0.34 |
| EV/EBITDA | — | — | — | — | — | — | — | — | — | — | -1.92 |
| Earnings yield | — | — | — | — | — | — | — | — | — | — | -61.3% |
| FCF yield | — | — | — | — | — | — | — | — | — | — | -26.3% |
| PEG | — | — | — | — | — | — | — | — | — | — | 0.04 |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | — | — | — | — | — | — | 0% |
| Net margin | — | — | — | — | — | — | — | — | — | — | 0% |
| ROE | -45.5% | -46.9% | -171.6% | -61.9% | -41% | -12.8% | -7.83% | -5.52% | -9.51% | -15.1% | -19.1% |
| ROA | -34.4% | -38.4% | -119.1% | -39.2% | -38.1% | -12.1% | -6.6% | -5.17% | -8.65% | -14% | -6.44% |
| Return on tangible assets | -34.4% | -38.4% | -119.1% | -39.2% | -38.1% | -12.1% | -6.6% | -5.17% | -8.65% | -14% | -16% |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current ratio | 0.48 | 1.97 | 1.32 | 0.57 | 12.4 | 21.7 | 3.04 | 1.49 | 0.41 | 4.2 | 5.14 |
| Quick ratio | 0.48 | 1.97 | 1.32 | 0.57 | 12.4 | 21.7 | 3.04 | 1.49 | 0.37 | 4.19 | 5.14 |
| Debt / equity | 0.13 | — | — | 0.03 | 0.01 | 0 | 0 | 0 | 0 | 0.03 | 0.01 |
| Debt / assets | 0.1 | — | — | 0.02 | 0.01 | 0 | 0 | 0 | 0 | 0.03 | 0.01 |
| Net debt / EBITDA | -0.18 | — | — | 0.4 | 9.1 | 7.25 | 6.45 | 0.61 | 0.41 | 17.6 | 7 |
| Interest coverage | -6 | — | — | — | — | — | — | — | — | — | — |
| 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) | -186.5 | -39 | -38.5 | -5.39 | -2.68 | -0.49 | -0.25 | -0.15 | -0.22 | -0.32 | -0.32 |
| EPS (diluted) | -186.5 | -39 | -38.5 | -5.39 | -2.68 | -0.49 | -0.25 | -0.15 | -0.22 | -0.32 | -0.3 |
| Book value per share | 409.8 | 83.1 | 22.4 | 8.7 | 6.53 | 3.86 | 3.16 | 2.7 | 2.27 | 2.11 | 1.54 |
| FCF per share | -117.4 | -23.7 | -12.6 | -5.12 | -2.19 | -0.62 | -1.47 | -1.34 | -0.2 | -0.25 | -0.16 |
| Cash per share | 31.5 | 10.9 | 2.15 | 0.95 | 5.89 | 3.53 | 1.67 | 0.21 | 0.07 | 0.56 | 0.3 |
| Capex per share | 0.25 | 3.74 | 0.11 | 1.26 | 0.46 | 0 | 0 | 0 | — | 0.14 | 0.07 |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Capex / operating cash flow | -0.16% | -9.99% | -0.3% | -23.3% | -16.5% | 0% | -0.01% | 0% | — | -118.1% | -75.7% |
| Payout ratio | — | — | — | — | — | — | — | — | — | — | 0% |
| FY21 | — | -$0.49 | — | — | $0 | — |
| FY20 | — | -$2.68 | — | — | $0 | — |
| FY19 | — | -$5.39 | — | — | $0 | — |
| FY18 | — | -$38.5 | — | — | $0 | — |
| FY17 | — | -$39 | — | — | $0 | — |
| FY16 | — | -$186.5 | — | — | $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 | 3.3M | 5.4M | 2M | 1.9M | 51.8M | 115.3M | 75.2M | 10.9M | 4.3M | 48.6M |
| Receivables | — | — | — | — | — | — | — | — | — | — |
| Inventory | — | — | — | — | — | — | — | — | 460K | 172K |
| Total current assets | 3.9M | 7.8M | 4.2M | 2.4M | 52.6M | 115.6M | 76.1M | 11.6M | 4.9M | 48.9M |
| Property, plant & equipment | 46.9M | 35.4M | 20.6M | 9.5M | 9.3M | 14.7M | 90.2M | 132.8M | 138.1M | 143.2M |
| Goodwill & intangibles | — | — | — | — | — | — | — | — | — | — |
| Total assets | 56.9M | 50.2M | 30M | 27M | 61.9M | 133M | 168.4M | 149.8M | 146.4M | 194.5M |
| Accounts payable | 610K | 538K | 776K | 852K | 1.7M | 3M | 23M | 6M | 9.5M | 4M |
| Short-term debt | 5.4M | — | — | 147K | 149K | 152K | 91K | 122K | 140K | 6.3M |
| Total current liabilities | 8.1M | 4M | 3.2M | 4.2M | 4.3M | 5.3M | 25.1M | 7.8M | 11.8M | 11.6M |
| Long-term debt | — | — | — | 332K | 214K | 83K | — | 235K | 95K | — |
| Total liabilities | 13.9M | 9.1M | 9.2M | 9.9M | 4.5M | 6.8M | 26.4M | 9.4M | 13.2M | 13M |
| Shareholders' equity | 43M | 41.1M | 20.8M | 17.1M | 57.5M | 126.2M | 142M | 140.4M | 133.1M | 181.5M |
| Total debt | 5.4M | — | — | 479K | 363K | 235K | 91K | 357K | 235K | 6.3M |
| Net debt | 2.1M | — | — | -1.4M | -50M | -115.1M | -75.1M | -10.5M | -4M | -42.3M |
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 | 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 | 11.7M | 10.9M | 6.1M | 3.2M | 4.5M | 4.3M | 3.3M | 6.7M | 12.9M | 48.6M | 41.5M | 38.2M |
| Receivables | — | — | — | — | — | — | — | — | — | — | — | — |
| Inventory | — | — | — | 2.4M | 810K | 460K | 233K | 206K | 168K | 172K | — | — |
| Total current assets | 12.2M | 11.6M | 7M | 7.7M | 5.7M | 4.9M | 4.2M | 7.3M | 13.4M | 48.9M | 42.3M | 38.8M |
| Property, plant & equipment | 130.3M | 132.8M | 134.4M | 134.7M | 136.5M | 138.1M | 139.3M | 139.4M | 140.3M | 143.2M | 144.4M | 144.5M |
| Goodwill & intangibles | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | 147.5M | 149.8M | 147.2M | 144.3M | 143.5M | 146.4M | 147.4M | 150.5M | 157.7M | 194.5M | 189.1M | 186M |
| Accounts payable | 6.4M | 6M | 5.6M | 6.5M | 7.6M | 9.5M | 8.5M | 7.2M | 6.9M | 4M | 4.4M | 4.3M |
| Short-term debt | 118K | 122K | 127K | 131K | 135K | 140K | 144K | 5.1M | 10.1M | 6.3M | 3.9M | 2.4M |
| Total current liabilities | 8.9M | 7.8M | 7.3M | 7.8M | 9.4M | 11.8M | 11.1M | 14.3M | 18.3M | 11.6M | 9.1M | 7.6M |
| Long-term debt | 267K | 235K | 201K | 167K | 132K | 95K | 58K | 19K | 5K | — | — | — |
| Total liabilities | 10.6M | 9.4M | 8.9M | 9.4M | 11M | 13.2M | 12.6M | 15.7M | 19.7M | 13M | 10.4M | 8.9M |
| Shareholders' equity | 136.9M | 140.4M | 138.3M | 134.9M | 132.5M | 133.1M | 134.9M | 134.8M | 138M | 181.5M | 178.7M | 177M |
| Total debt | 385K | 357K | 328K | 298K | 267K | 235K | 202K | 5.2M | 10.1M | 6.3M | 3.9M | 2.4M |
| Net debt | -11.4M | -10.5M | -5.8M | -2.9M | -4.3M | -4M | -3.1M | -1.5M | -2.9M | -42.3M | -37.5M | -35.8M |
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 | -19.6M | -19.3M | -35.7M | -10.6M | -23.6M | -16.1M | -11.1M | -7.8M | -12.7M | -27.3M |
| Depreciation & amortization | 247K | 142K | 116K | 73K | -55K | 20K | 146K | 221K | 249K | 745K |
| Stock-based compensation | 195K | 101K | 332K | 98K | 367K | 879K | 1M | 837K | 1.3M | 3.9M |
| Change in working capital | 89K | 5K | 105K | — | — | 0 | -2.8M | -3.3M | 2.7M | -407K |
| Operating cash flow | -16.1M | -18.5M | -35.1M | -10.6M | -24.3M | -15.2M | -12.6M | -9.9M | -8.2M | -9.9M |
| Capital expenditure | -26K | 1.9M | 104K | 2.5M | -4M | 0 | 1K | 0 | — | -11.7M |
| Investing cash flow | 221K | 185K | 525K | 3.8M | -4M | 1.2M | 1K | 0 | 1.5M | -11.4M |
| Dividends paid | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | 14.5M | 11M | 8.7M | 6.7M | 63.9M | 84M | 25.9M | 5.4M | 3.9M | 65.5M |
| Net change in cash | -1.4M | -7.3M | -25.9M | -180K | 35.6M | 70M | 13.2M | -4.5M | -2.8M | 44.2M |
| Free cash flow | -12.3M | -11.7M | -11.6M | -10M | -19.3M | -20.3M | -66M | -69.7M | -12M | -21.6M |
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 | -3.5M | 1.8M | -2.9M | -3.8M | -3.1M | -2.8M | -2.7M | -3.9M | -9.8M | -10.9M | -4.7M | -4.3M |
| Depreciation & amortization | 56K | 58K | 62K | 62K | 63K | 62K | 152K | 154K | 244K | 195K | 190K | 192K |
| Stock-based compensation | 354K | 362K | 211K | 262K | 447K | 406K | 172K | 760K | 1.5M | 1.5M | 623K | 970K |
| Change in working capital | -374K | -444K | -376K | 3.3M | 237K | -427K | -347K | 77K | -207K | 70K | -239K | -312K |
| Operating cash flow | -3.5M | 1.8M | -3M | -155K | -2.3M | -2.8M | -2.7M | -2.4M | -3.3M | -2M | -4M | -2.5M |
| Capital expenditure | — | — | — | — | — | — | — | -2.1M | -1.2M | -5.4M | -1.6M | -729K |
| Investing cash flow | — | — | — | — | 750K | 8K | — | -2.1M | -1.2M | -5.4M | -1.6M | -729K |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | 1.1M | 1.4M | 544K | 171K | 274K | 2.9M | 4.2M | 2.7M | 10.6M | 38M | -1.5M | -24K |
| Net change in cash | -2.3M | 3.2M | -2.4M | 16K | -1.3M | 132K | 1.6M | -1.8M | 6.2M | 30.6M | -7.1M | -3.3M |
| Free cash flow | -6.7M | -2.2M | -5.3M | -3.9M | 357K | -3.2M | -5.2M | -4.5M | -4.4M | -7.4M | -5.6M | -3.2M |