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Trailing performance Price return · vs SPY
Return vs SPY
Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.
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Options chains and analytics, valuation ratios, insider filings, analyst targets and ownership. No card, no trial, nothing to cancel.
Fundamentals TTM · reported
Market cap —
Enterprise value —
Revenue (TTM) —
Gross profit —
EBITDA —
Net income —
EPS (TTM) —
Free cash flow —
Total cash —
Total debt —
Book value / share —
Shares outstanding —
Float —
Short % of float —
Dividend yield —
Beta (5Y) —
Valuation & profitability ratios Account required
Trailing P/E —
Forward P/E —
PEG ratio —
Price / sales —
Price / book —
EV / revenue —
EV / EBITDA —
Gross margin —
Operating margin —
Profit margin —
Return on equity —
Return on assets —
Debt / equity —
Current ratio —
Free account required
Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.
Financial statements As reported · 4 years · 6 quarters
Income Balance sheet Cash flow
Annual Quarterly
Blank means not reported, not zero
Line item 2025 2024 2023 2022 YoY
Total revenue
$233.00K $202.00K $1.46M $3.65M
+15.3%
Operating revenue
$233.00K $202.00K $1.46M $3.65M
+15.3%
Cost of revenue
$554.00K $778.00K $15.32M $8.73M
-28.8%
Gross profit
-$321.00K -$576.00K -$13.86M -$5.08M
+44.3%
Research & development
$13.94M $16.39M $26.17M $37.64M
-15.0%
Selling, general & admin
$17.47M $18.86M $37.76M $56.08M
-7.4%
Total operating expense
$31.41M $35.29M $63.97M $93.72M
-11.0%
Operating income
-$31.73M -$35.86M -$77.82M -$98.81M
+11.5%
Net interest income
$21.00K $364.00K $1.71M $243.00K
-94.2%
Pre-tax income
-$33.95M -$35.46M -$87.07M -$98.66M
+4.3%
Tax provision
$11.00K -$2.00K $57.00K $58.00K
+650.0%
Net income
-$33.96M -$35.46M -$87.13M -$98.71M
+4.2%
Net income to common
-$33.96M -$35.46M -$87.13M -$98.71M
+4.2%
EBIT
-$31.73M -$35.86M -$86.99M -$97.88M
+11.5%
EBITDA
-$31.58M -$35.73M -$85.44M -$96.46M
+11.6%
Line item 2025 2024 2023 2022 YoY
Cash & equivalents
$43.36M $10.27M $16.93M $19.06M
+322.3%
Cash & short-term investments
$86.46M $22.28M $36.52M $94.20M
+288.1%
Accounts receivable
$77.00K $11.00K $131.00K $617.00K
+600.0%
Inventory
$1.01M $176.00K $583.00K $4.55M
+476.7%
Total current assets
$89.63M $25.17M $39.75M $105.55M
+256.1%
Property, plant & equipment
$1.02M $1.26M $11.51M $23.17M
-19.0%
Total assets
$90.89M $27.12M $54.32M $133.34M
+235.2%
Total current liabilities
$8.57M $11.31M $10.03M $22.56M
-24.2%
Current debt
— — — $8.59M
—
Long-term debt
$146.00K $146.00K — —
0.0%
Total debt
$656.00K $4.21M $17.27M $27.73M
-84.4%
Total liabilities
$9.55M $12.00M $25.29M $39.37M
-20.4%
Retained earnings
-$407.05M -$373.10M -$337.63M -$250.51M
-9.1%
Shareholder equity
$81.34M $15.12M $29.02M $93.97M
+437.8%
Working capital
$81.06M $13.86M $29.73M $82.99M
+484.7%
Net tangible assets
$81.34M $15.12M $29.02M $93.97M
+437.8%
Shares issued
45.17M 13.73M 6.31M 5.44M
+228.9%
Line item 2025 2024 2023 2022 YoY
Net income
-$33.96M -$35.46M -$87.13M -$98.71M
+4.2%
Depreciation & amortisation
$155.00K $129.00K $1.55M $1.42M
+20.2%
Stock-based compensation
$5.52M $9.05M $18.07M $23.96M
-39.0%
Change in working capital
-$2.55M -$1.50M -$4.46M -$1.98M
-70.4%
Operating cash flow
-$27.78M -$26.62M -$50.73M -$71.65M
-4.3%
Capital expenditure
-$109.00K -$486.00K -$1.95M -$4.20M
+77.6%
Investing cash flow
-$30.80M $7.74M $55.35M $68.46M
-497.7%
Financing cash flow
$91.67M $10.06M -$6.76M $8.07M
+811.2%
Free cash flow
-$27.89M -$27.11M -$52.68M -$75.85M
-2.9%
End cash position
$43.36M $10.27M $19.08M $21.21M
+322.3%
Line item 2026-06-30 2026-03-31 2025-12-31 2025-09-30 2025-06-30 YoY
Total revenue
$202.00K $101.00K $97.00K $50.00K $22.00K
+100.0%
Operating revenue
$202.00K $101.00K $97.00K $50.00K $22.00K
+100.0%
Cost of revenue
$363.00K $201.00K $247.00K $103.00K $108.00K
+80.6%
Gross profit
-$161.00K -$100.00K -$150.00K -$53.00K -$86.00K
-61.0%
Research & development
$4.74M $3.77M $3.72M $3.06M $3.67M
+26.0%
Selling, general & admin
$5.85M $5.16M $4.54M $4.71M $4.95M
+13.3%
Total operating expense
$10.59M $8.93M $8.25M $7.77M $8.62M
+18.6%
Operating income
-$10.76M -$9.03M -$8.40M -$7.83M -$8.71M
-19.1%
Net interest income
$594.00K $597.00K $1.18M $705.00K $251.00K
-0.5%
Pre-tax income
-$10.02M -$8.34M -$7.33M -$9.33M -$9.27M
-20.1%
Tax provision
$0 $2.00K $9.00K $0 $0
-100.0%
Net income
-$10.02M -$8.35M -$7.34M -$9.33M -$9.27M
-20.1%
Net income to common
-$10.02M -$8.35M -$7.34M -$9.33M -$9.27M
-20.1%
EBIT
-$10.76M -$9.03M -$8.40M -$7.83M -$8.71M
-19.1%
EBITDA
-$10.70M -$8.99M -$8.36M -$7.79M -$8.67M
-19.0%
Line item 2026-06-30 2026-03-31 2025-12-31 2025-09-30 2025-06-30 2025-03-31 YoY
Cash & equivalents
$11.21M $45.16M $43.36M $43.03M $2.37M —
-75.2%
Cash & short-term investments
$71.50M $77.24M $86.46M $84.33M $19.21M —
-7.4%
Accounts receivable
$216.00K $96.00K $77.00K $56.00K $27.00K —
+125.0%
Inventory
$1.00M $963.00K $1.01M $884.00K $232.00K —
+4.2%
Total current assets
$74.32M $79.69M $89.63M $86.21M $20.41M —
-6.7%
Property, plant & equipment
$2.06M $2.17M $1.02M $1.04M $1.10M —
-4.8%
Total assets
$76.58M $82.05M $90.89M $87.55M $22.10M —
-6.7%
Total current liabilities
$6.86M $6.18M $8.57M $8.09M $10.59M —
+11.0%
Current debt
— — — $106.00K $2.00M $3.23M
—
Long-term debt
$146.00K $146.00K $146.00K $146.00K $146.00K —
0.0%
Total debt
$1.49M $1.57M $656.00K $824.00K $3.06M —
-5.1%
Total liabilities
$8.26M $7.84M $9.55M $9.36M $11.92M —
+5.4%
Retained earnings
-$425.42M -$415.40M -$407.05M -$399.71M -$390.38M —
-2.4%
Shareholder equity
$68.31M $74.22M $81.34M $78.19M $10.18M —
-8.0%
Working capital
$67.46M $73.51M $81.06M $78.12M $9.82M —
-8.2%
Net tangible assets
$68.31M $74.22M $81.34M $78.19M $10.18M —
-8.0%
Shares issued
46.31M 45.35M 45.17M 41.78M 20.55M —
+2.1%
Line item 2026-06-30 2026-03-31 2025-12-31 2025-09-30 2025-06-30 YoY
Net income
-$10.02M -$8.35M -$7.34M -$9.33M -$9.27M
-20.1%
Depreciation & amortisation
$55.00K $40.00K $42.00K $38.00K $38.00K
+37.5%
Stock-based compensation
$2.42M $1.54M $790.00K $1.07M $1.16M
+56.9%
Change in working capital
$339.00K -$2.04M -$684.00K -$662.00K $849.00K
+116.6%
Operating cash flow
-$7.29M -$8.55M -$7.53M -$6.09M -$6.36M
+14.8%
Capital expenditure
-$132.00K -$187.00K -$57.00K -$38.00K -$8.00K
+29.4%
Investing cash flow
-$28.24M $10.71M -$1.63M -$24.48M $3.89M
-363.6%
Financing cash flow
$1.58M -$352.00K $9.48M $71.23M -$430.00K
+548.3%
Free cash flow
-$7.42M -$8.74M -$7.59M -$6.13M -$6.36M
+15.1%
End cash position
$11.21M $45.16M $43.36M $43.03M $2.37M
-75.2%
Analyst targets & ownership Account required
Mean target —
High target —
Low target —
Implied upside —
Analyst count —
Consensus —
Strong buy / Buy — / —
Hold —
Sell / Strong sell — / —
Held by insiders —
Held by institutions —
Institutions holding —
Free account required
Price targets, consensus spread, insider and institutional ownership.
Moving averages & technicals Computed from 2Y daily closes
SMA 10
0.01
-57.75% from price
EMA 12
0.01
-64.41% from price
ATR (14)
0.00
111.90% of price
Realised vol 30D
—
Annualised
Options chain Account required
Expiry Loading… Spot 0.00
Calls Strike Last Bid Ask Vol OI IV
000.00 0.00 0.00 0.00 0 0 0.0% 000.00 0.00 0.00 0.00 0 0 0.0% 000.00 0.00 0.00 0.00 0 0 0.0% 000.00 0.00 0.00 0.00 0 0 0.0% 000.00 0.00 0.00 0.00 0 0 0.0% 000.00 0.00 0.00 0.00 0 0 0.0% 000.00 0.00 0.00 0.00 0 0 0.0%
Puts Strike Last Bid Ask Vol OI IV
000.00 0.00 0.00 0.00 0 0 0.0% 000.00 0.00 0.00 0.00 0 0 0.0% 000.00 0.00 0.00 0.00 0 0 0.0% 000.00 0.00 0.00 0.00 0 0 0.0% 000.00 0.00 0.00 0.00 0 0 0.0% 000.00 0.00 0.00 0.00 0 0 0.0% 000.00 0.00 0.00 0.00 0 0 0.0%
Free account required
Every listed expiry, both sides of the book, with volume, open interest and implied volatility.
Risk profile Daily returns · 1Y window
Realised vol 30D
—
Annualised
Market vol 1Y
—
SPY, annualised
Max drawdown 1Y
-86.4%
Peak to trough
Max drawdown 5Y
-86.4%
Peak to trough
ATR 14
0.00
111.90% of price
Beta (reported)
—
5Y monthly, from filing
Headlines LIDRW · links out to the publisher
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