Analyst	Recommendation	Action	Price target	Projected	Date
Myles Minter William Blair	Hold	Maintained	-	-	09/23/2026
Paul Matteis Stifel Nicolaus	Hold	Maintained	$1.00	+505.3%	07/06/2026
Andrew Tsai Jefferies	Hold	Downgraded	$0.90	+444.8%	12/17/2025

All values in USD	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Revenue	258.00K	303.00K	465.00K	1.48M
Cost of goods sold	-	-	-	-
Cost of revenue	-	-	-	-
Research and development expenses	15.92M	14.22M	13.06M	10.91M
Total research and development expenses	-	-	-	-
Selling, general, and admin expenses	4.40M	5.63M	4.12M	3.92M
Operating expense	20.31M	19.85M	17.18M	14.82M
Total operating expenses	20.31M	19.85M	17.18M	14.82M
Operating income	-20.05M	-19.55M	-16.72M	-13.35M
Other non operating income	6.00K	-	-2.00K	-1.00K
EBT including unusual items	-19.42M	-18.90M	-16.27M	-13.03M
EBT excluding unusual items	-19.42M	-18.90M	-16.27M	-13.03M
Income tax expense	-	-	7.00K	-
Effective tax rate	-	-	-0.04%	-
Other operating expenses	-	-	-	-
Net income	-19.42M	-18.90M	-16.27M	-13.03M
Net profit margin	-7,525.97%	-6,237.29%	-3,499.78%	-882.79%
Earnings per share	-0.54	-0.45	-0.37	-0.30
Interest and investment income	630.00K	647.00K	452.00K	319.00K
Interest expense	-	-	-	-
Net interest expenses	630.00K	647.00K	452.00K	319.00K
Depreciation and amortization charges	-	-	-	-
EBITDA	-20.00M	-19.49M	-16.66M	-13.30M
Gain or loss from assets sale	-	-	-	-

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