BCAX Stock Price Chart
Daily OHLCV with technical indicators — pan, zoom, and customize your view
04
range
bars
Bar granularity adapts to the selected period — hover the chart to see open/high/low/close for a bar.
10-Year Performance
Revenue, net income, margins and EPS trends
06
EPS$-2.522023-12-31 → 2025-12-31
Free Cash Flow$-107M2024-12-31 → 2025-12-31
Valuation & Ratios07–12
Valuation
P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?
Metric
5Y trend
BCAX
5Y avg
Peer Median
Verdict
P/E
-8.1
·
·
·
P/B (MRQ)
2.5
·
4.2
Fair value
Price / FCF (TTM)
-8.6
·
·
·
Price / Cash Flow (TTM)
-8.6
·
·
·
Price / Tangible Book
2.9
·
·
·
Peer median is calculated on a standardized basis per metric and may not always match the TTM/MRQ basis shown for this stock.
Profitability
Gross, operating and net margins; ROE, ROA, ROIC
Metric
5Y trend
BCAX
5Y avg
Peer Median
Verdict
ROA
-29.3%
·
-37.9%
Top tier
ROE
-33.0%
·
-36.5%
In line
ROIC
-38.8%
·
-87.8%
Top tier
Financial Health
Debt, liquidity, solvency — balance sheet strength
Metric
5Y trend
BCAX
5Y avg
Peer Median
Verdict
Current Ratio (MRQ)
11.6
·
12.4
In line
Quick Ratio
14.3
·
8.3
Strong liquidity
Growth
Revenue, EPS and net income growth: YoY, 3Y CAGR, 5Y CAGR
No data for this ratio group yet
Not enough fundamentals data to compute this ratio group yet.
Per Share Metrics
EPS, book value per share, cash flow per share, dividend per share
Metric
5Y trend
BCAX
5Y avg
Peer Median
Verdict
EPS (Diluted)
$-2.525Y avg ≈$-32.06
≈$-32.06
·
·
Cash Flow / Share
$-0.00
·
·
·
Cash / Share
$1.71
·
·
·
Capital Efficiency
Asset turnover, inventory turnover, receivables turnover
No data for this ratio group yet
Not enough fundamentals data to compute this ratio group yet.
value · ≈ 5Y avg · industry median · verdict relative to median
Earnings History
EPS actual vs estimate, surprise %, beat rate, next earnings date
14
Avg Surprise-14.5%
Next ReportNov 09, 2026
Period
Report
EPS Actual
EPS Est
Surprise
June 30, 2026
Aug 11, 2026
$-0.82
$-0.85
3.2%
March 31, 2026
May 19, 2026
$-0.93
$-0.77
-20.8%
Dec. 31, 2025
$-0.68
$-0.68
0.66%
Sept. 30, 2025
$-0.67
$-0.56
-19.6%
June 30, 2025
$-0.50
$-0.58
13.8%
March 31, 2025
$-0.68
$-0.42
-60.7%
Dec. 31, 2024
$-0.39
$-0.33
-18.2%
Full Fundamentals
All metrics by year — income statement, balance sheet, cash flow
15
Income Statement14
Metric
Trend
2025
2024
2023
R&D Expense
·
$64M
$31M
SG&A Expense
$31M
$19M
$9M
Operating Expenses
$156M
$82M
$40M
Operating Income
$-156M
$-82M
$-40M
Interest Income
$18M
$15M
$1M
Other Non-op
$18M
$15M
$-12M
Pretax Income
$-138M
$-68M
$-52M
Income Tax
$217.0K
$187.0K
$5.0K
Net Income
$-138M
$-68M
$-52M
EPS (Basic)
$-2.52
$-4.05
$-89.61
EPS (Diluted)
$-2.52
$-4.05
$-89.61
Shares (Basic)
54,676,896,000
16,805,524,000
580,109,000
Shares (Diluted)
54,676,896,000
16,805,524,000
580,109,000
EBITDA
$-156M
$-82M
·
Balance Sheet19
Metric
Trend
2025
2024
2023
Cash & Equivalents
$97M
$490M
$230M
Short-term Investments
$318M
$0
·
Prepaid Expense
$7M
$13M
$633.0K
Current Assets
$422M
$503M
$231M
PP&E (Net)
$330.0K
$155.0K
$202.0K
Other Non-current Assets
$7M
$7M
$2M
Total Assets
$431M
$510M
$234M
Accrued Liabilities
·
$13M
$8M
Current Liabilities
$29M
$18M
$15M
Capital Leases
$593.0K
$131.0K
$372.0K
Other Non-current Liabilities
·
$0
$17.0K
Total Liabilities
$30M
$18M
$15M
Common Stock
$7.0K
$7.0K
$2.0K
Paid-in Capital
$760M
$713M
$4M
Retained Earnings
$-359M
$-221M
$-153M
AOCI
$243.0K
$0
·
Stockholders' Equity
$401M
$492M
$-149M
Liabilities + Equity
$431M
$510M
$234M
Shares Outstanding
56,600,724
54,440,013
640,386
Cash Flow10
Metric
Trend
2025
2024
2023
Stock-based Comp
$15M
$7M
$2M
Deferred Tax
$0
$0
$0
Operating Cash Flow
$-107M
$-75M
$-46M
CapEx
$280.0K
$71.0K
$586.0K
Investing Cash Flow
$-318M
$-9.0K
$-586.0K
Stock Issued
$29M
$332M
$0
Net Stock Activity
$29M
$332M
·
Financing Cash Flow
$32M
$334M
$272M
Net Change in Cash
$-393M
$259M
$226M
Free Cash Flow
$-107M
$-75M
·
Profitability3
Metric
Trend
2025
2024
2023
ROA
-29.3%
-18.3%
·
ROE
-33.0%
-13.6%
·
ROIC
-38.8%
-16.8%
·
Liquidity & Solvency2
Metric
Trend
2025
2024
2023
Current Ratio
14.6
27.9
·
Quick Ratio
14.3
27.2
·
Per Share4
Metric
Trend
2025
2024
2023
Book Value / Share
$7.09
$9.04
·
Cash Flow / Share
$-0.00
$-0.00
·
Cash / Share
$1.71
$9.00
·
EPS (TTM)
$-2.52
$-4.05
·
Valuation (TTM)8
Metric
Trend
2025
2024
2023
Net Income TTM
$-138M
$-68M
·
Market Cap
$953M
$948M
·
P/E
-6.7
-4.3
·
P/B
2.4
1.9
·
P / Tangible Book
2.4
1.9
·
P / Cash Flow
-8.9
-12.7
·
P / FCF
-8.9
-12.7
·
Earnings Yield
-15.0%
-23.2%
·
Income Statement14
Metric
Trend
Q2 2026
Q1 2026
Q4 2025
Q3 2025
Q2 2025
Q1 2025
Q4 2024
Q3 2024
Q2 2024
Q1 2024
Q4 2023
Q3 2023
R&D Expense
·
·
·
$33M
$25M
$34M
·
$16M
$16M
$12M
$10M
$7M
SG&A Expense
$14M
$13M
$8M
$8M
$7M
$7M
$7M
$5M
$4M
$3M
$3M
$3M
Operating Expenses
$60M
$60M
$41M
$41M
$32M
$42M
$27M
$21M
$20M
$15M
$14M
$10M
Operating Income
$-60M
$-60M
$-41M
$-41M
$-32M
$-42M
$-27M
$-21M
$-20M
$-15M
$-14M
$-10M
Interest Income
$5M
$4M
$4M
$4M
$5M
$5M
$6M
$3M
$3M
$3M
$1M
$13.0K
Other Non-op
$5M
$4M
$4M
$4M
$5M
$5M
$6M
$3M
$3M
$3M
$1M
$-13M
Pretax Income
$-55M
$-56M
$-37M
$-36M
$-27M
$-37M
$-21M
$-17M
$-17M
$-13M
$-12M
$-23M
Income Tax
$61.0K
$52.0K
$53.0K
$40.0K
$52.0K
$72.0K
$186.0K
$0
$0
$1.0K
$5.0K
$0
Net Income
$-55M
$-56M
$-37M
$-36M
$-27M
$-37M
$-21M
$-17M
$-17M
$-13M
$-12M
$-23M
EPS (Basic)
$-0.82
$-0.93
$-0.67
$-0.67
$-0.50
$-0.68
$35.50
$-1.60
$-19.01
$-18.94
$-19.43
$-38.23
EPS (Diluted)
$-0.82
$-0.93
$-0.67
$-0.67
$-0.50
$-0.68
$35.50
$-1.60
$-19.01
$-18.94
$-19.43
$-38.23
Shares (Basic)
67,925,963
60,717,041
·
54,563,864
54,539,230
54,456,515
·
10,901,138
896,744
660,288
·
597,586
Shares (Diluted)
67,925,963
60,717,041
·
54,563,864
54,539,230
54,456,515
·
10,901,138
896,744
660,288
·
597,586
EBITDA
$-60M
$-60M
·
$-41M
$-32M
$-42M
·
$-21M
·
·
·
·
Balance Sheet19
Metric
Trend
Q2 2026
Q1 2026
Q4 2025
Q3 2025
Q2 2025
Q1 2025
Q4 2024
Q3 2024
Q2 2024
Q1 2024
Q4 2023
Q3 2023
Cash & Equivalents
$97M
$323M
$97M
$172M
$437M
$462M
$490M
$521M
·
·
$230M
·
Short-term Investments
$401M
$216M
$318M
$118M
·
·
$0
·
·
·
·
·
Prepaid Expense
$7M
$5M
$7M
$7M
$8M
$9M
$13M
$756.0K
·
·
$633.0K
·
Current Assets
$504M
$545M
$422M
$297M
$444M
$471M
$503M
$522M
·
·
$231M
·
PP&E (Net)
$362.0K
$346.0K
$330.0K
$135.0K
$117.0K
$136.0K
$155.0K
$130.0K
·
·
$202.0K
·
Other Non-current Assets
$7M
$7M
$7M
$8M
$7M
$7M
$7M
$2M
·
·
$2M
·
Total Assets
$512M
$554M
$431M
$425M
$454M
$478M
$510M
$524M
·
·
$234M
·
Accrued Liabilities
·
·
·
·
·
·
·
·
·
·
$8M
·
Current Liabilities
$43M
$39M
$29M
$21M
$17M
$19M
$18M
$14M
·
·
$15M
·
Capital Leases
$0
$301.0K
$593.0K
$880.0K
$1M
$0
$131.0K
$137.0K
·
·
$372.0K
·
Other Non-current Liabilities
·
·
·
·
·
·
·
$0
·
·
$17.0K
·
Total Liabilities
$43M
$40M
$30M
$22M
$18M
$19M
$18M
$15M
·
·
$15M
·
Common Stock
$8.0K
$8.0K
$7.0K
$7.0K
$7.0K
$7.0K
$7.0K
$7.0K
·
·
$2.0K
·
Paid-in Capital
$940M
$929M
$760M
$724M
$720M
$717M
$713M
$710M
·
·
$4M
·
Retained Earnings
$-471M
$-415M
$-359M
$-322M
$-285M
$-258M
$-221M
$-200M
·
·
$-153M
·
AOCI
$-567.0K
$-243.0K
$243.0K
$-136.0K
·
·
$0
·
·
·
·
·
Stockholders' Equity
$469M
$514M
$401M
$403M
$435M
$459M
$492M
$510M
·
·
$-149M
·
Liabilities + Equity
$512M
$554M
$431M
$425M
$454M
$478M
$510M
$524M
·
·
$234M
·
Shares Outstanding
65,931,128
65,547,037
56,600,724
54,612,477
54,556,078
54,528,975
54,440,013
54,409,708
·
·
640,386
·
Cash Flow9
Metric
Trend
Q2 2026
Q1 2026
Q4 2025
Q3 2025
Q2 2025
Q1 2025
Q4 2024
Q3 2024
Q2 2024
Q1 2024
Q4 2023
Q3 2023
Stock-based Comp
$8M
$6M
$4M
$4M
$3M
$3M
$3M
$2M
$1M
$1M
$765.0K
·
Operating Cash Flow
$-44M
$-38M
$-24M
$-29M
$-26M
$-28M
$-30M
$-17M
$-13M
$-15M
$-8M
·
CapEx
$60.0K
$60.0K
$238.0K
$42.0K
$0
$0
$40.0K
$8.0K
$19.0K
$4.0K
$436.0K
·
Investing Cash Flow
$-185M
$101M
$-82M
$-236M
$0
$0
$-40.0K
$-8.0K
$-19.0K
$58.0K
$-436.0K
·
Stock Issued
$0
$162M
$29M
$0
$0
$0
$-1M
·
·
·
$0
·
Net Stock Activity
·
$162M
·
·
·
·
·
·
·
·
·
·
Financing Cash Flow
$2M
$163M
$31M
$436.0K
$135.0K
$460.0K
$-975.0K
$334M
$734.0K
$137.0K
$195M
·
Net Change in Cash
$-227M
$227M
$-75M
$-265M
$-25M
$-28M
$-31M
$317M
$-12M
$-14M
$186M
·
Free Cash Flow
·
$-38M
·
·
·
$-28M
·
·
·
·
·
·
Profitability3
Metric
Trend
Q2 2026
Q1 2026
Q4 2025
Q3 2025
Q2 2025
Q1 2025
Q4 2024
Q3 2024
Q2 2024
Q1 2024
Q4 2023
Q3 2023
ROA
-11.5%
-10.9%
·
-7.7%
-12.1%
-15.4%
·
-6.7%
·
·
·
·
ROE
-12.3%
-11.6%
·
-8.0%
-12.6%
-16.1%
·
-6.9%
·
·
·
·
ROIC
-12.8%
-11.7%
·
-10.1%
-7.4%
-9.1%
·
-4.0%
·
·
·
·
Liquidity & Solvency2
Metric
Trend
Q2 2026
Q1 2026
Q4 2025
Q3 2025
Q2 2025
Q1 2025
Q4 2024
Q3 2024
Q2 2024
Q1 2024
Q4 2023
Q3 2023
Current Ratio
11.6
13.9
·
14.1
25.8
24.6
·
36.0
·
·
·
·
Quick Ratio
11.4
13.7
·
13.8
25.3
24.2
·
36.0
·
·
·
·
Per Share4
Metric
Trend
Q2 2026
Q1 2026
Q4 2025
Q3 2025
Q2 2025
Q1 2025
Q4 2024
Q3 2024
Q2 2024
Q1 2024
Q4 2023
Q3 2023
Book Value / Share
$7.11
$7.84
·
$7.38
$7.98
$8.42
·
$9.37
·
·
·
·
Cash Flow / Share
·
$-0.62
·
·
·
$-0.52
·
·
·
·
·
·
Cash / Share
$1.47
$4.93
·
$3.14
$8.00
$8.47
·
$9.57
·
·
·
·
EPS (TTM)
$-3.09
$-2.77
·
$33.65
$32.72
$14.21
·
$-58.98
$-95.61
·
·
·
Valuation (TTM)7
Metric
Trend
Q2 2026
Q1 2026
Q4 2025
Q3 2025
Q2 2025
Q1 2025
Q4 2024
Q3 2024
Q2 2024
Q1 2024
Q4 2023
Q3 2023
Net Income TTM
$-185M
$-157M
·
$-122M
$-103M
$-92M
·
$-59M
$-65M
$-57M
·
·
Market Cap
$1.96B
$1.30B
·
$862M
$507M
$711M
·
$1.39B
·
·
·
·
P/E
-9.6
-7.2
·
0.5
0.3
0.9
·
-0.4
·
·
·
·
P/B
4.2
2.5
·
2.1
1.2
1.5
·
2.7
·
·
·
·
P / Tangible Book
4.2
2.5
·
2.1
1.2
1.5
·
2.7
·
·
·
·
P / Cash Flow
·
-34.8
·
·
·
-25.3
·
·
·
·
·
·
Earnings Yield
-10.4%
-13.9%
·
213.1%
352.2%
109.1%
·
-231.6%
·
·
·
·
Most recent period on the left · null values shown as ·
Financial Statements
Income statement, balance sheet, cash flow — annual, last 5 years
16
Metric
2025-12-31
2024-12-31
2023-12-31
Net Income
$-138M
$-68M
$-52M
Diluted EPS
$-2.52
$-4.05
$-89.61
Metric
2025-12-31
2024-12-31
2023-12-31
Current Ratio
14.6
27.9
·
Quick Ratio
14.3
27.2
·
Metric
2025-12-31
2024-12-31
2023-12-31
Free Cash Flow
$-107M
$-75M
·
Institutional owners (13F)
183 filers
· $1.8B total
· As of Sept. 30, 2026
17
Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.
Holders183
Value held$1.8B
New positions41
Exited positions9
Institutional activity — Q2 2026 vs prior quarter
New positions
Exited positions
Increased
Decreased
Net shares change
41 (+8 vs prior Q)
9 (-11 vs prior Q)
67 (+10 vs prior Q)
42 (+2 vs prior Q)
-2.2M
Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.
Investors who filed SEC Schedule 13D — beneficial ownership above 5% with an intent to influence the issuer (activist stakes, board campaigns, M&A). Each row shows the most recent known state of that filer's position.
Purpose is an automated classification of the filer's own stated purpose (SEC Item 4) — not investment advice. "—" means no clear purpose was stated or the text could not be classified.
Company insiders
18 insiders
· 7 officers · 11 directors