Analyst	Recommendation	Action	Price target	Projected	Date
Gil Blum Needham	Buy	Maintained	$11.00	+395.5%	10/05/2026
Stephen Willey Stifel Nicolaus	Buy	Maintained	$10.00	+350.5%	09/28/2026
Emily Bodnar H.C. Wainwright	Buy	Maintained	$14.00	+530.6%	09/21/2026
Salim Syed Mizuho Securities	Buy	Maintained	$12.00	+440.5%	08/17/2026
Phil Nadeau TD Cowen	Buy	Maintained	-	-	08/10/2026
Jonathan Miller Evercore ISI	Buy	Maintained	$9.00	+305.4%	05/18/2026
Yaron Werber TD Cowen	Buy	Maintained	-	-	03/26/2026

All values in USD	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Revenue	-	-	-	-
Cost of goods sold	-	-	-	-
Cost of revenue	-	-	-	-
Research and development expenses	20.20M	25.28M	24.99M	29.05M
Total research and development expenses	-	-	-	-
Selling, general, and admin expenses	6.30M	5.31M	5.89M	6.03M
Operating expense	26.50M	30.59M	30.88M	35.08M
Total operating expenses	26.50M	30.59M	30.88M	35.08M
Operating income	-26.50M	-30.59M	-30.88M	-35.08M
Other non operating income	1.72M	162.00K	206.00K	222.00K
EBT including unusual items	-21.72M	-27.41M	-27.83M	-40.37M
EBT excluding unusual items	-20.92M	-27.14M	-27.83M	-32.32M
Income tax expense	-	-	-	-
Effective tax rate	-	-	-	-
Other operating expenses	-	-	-	-
Net income	-21.72M	-27.41M	-27.83M	-40.37M
Net profit margin	-	-	-	-
Earnings per share	-0.29	-0.37	-0.37	-0.54
Interest and investment income	3.85M	3.30M	2.84M	2.54M
Interest expense	-	-	-	-
Net interest expenses	3.85M	3.30M	2.84M	2.54M
Depreciation and amortization charges	-	-	-	-
EBITDA	-24.19M	-28.34M	-28.54M	-32.35M
Gain or loss from assets sale	-	-	-	-

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