A 
16.37
+3.48%
Close of 9 Nov 2026, in USD
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Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.
At a glance
Figures in USD, from our data supplier.
Revenue
$6.5m
FY2016FY2025
Net income
−$63.7m
FY2016FY2025
Free cash flow
−$73.7m
FY2016FY2025
Shareholders' equity
−$146.1m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $6.5m | $1.5m | $27.1m | — | $15.3m | $1.8m | $1.4m | $1.2m | $16,964 | — |
| Research and development | $67.5m | $41.0m | $25.9m | $14.3m | $35.7m | $20.5m | $19.2m | $13.3m | $4.4m | $1.8m |
| Operating income | −$74.7m | −$52.0m | −$34.8m | −$19.8m | −$60.6m | −$32.0m | −$27.5m | −$22.3m | −$10.0m | −$4.7m |
| Net income | −$63.7m | −$44.0m | −$28.6m | −$17.9m | −$59.2m | −$40.9m | −$30.9m | −$21.7m | −$9.1m | −$5.4m |
| Diluted earnings per share | -1.19 | -0.84 | -0.39 | -0.31 | -1.12 | -1.04 | -0.98 | -0.78 | -0.45 | -0.40 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $264.9m | $326.2m | $122.4m | $138.3m | $161.3m | $71.4m | $47.9m | $29.3m | $18.1m | $4.5m |
| Cash and short-term investments | $226.8m | $297.2m | $97.9m | $128.6m | $80.5m | $44.3m | $30.2m | $14.8m | $9.6m | $4.2m |
| Total liabilities | $411.0m | $414.0m | $168.7m | $157.6m | $57.9m | $29.9m | $22.0m | $15.5m | $3.1m | $1.9m |
| Debt | $11.5m | $12.0m | $13.4m | $1.8m | $44.9m | $23.9m | $18.2m | $11.5m | — | — |
| Shareholders' equity | −$146.1m | −$87.8m | −$46.3m | −$19.2m | $103.4m | $41.5m | $26.0m | $13.8m | $15.0m | $2.7m |
| Shares outstanding | 53m | 53m | 73m | 58m | 53m | 39m | 31m | 28m | 20m | 13m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −$64.1m | $14.8m | −$30.0m | −$18.1m | −$45.2m | −$21.3m | −$17.7m | −$14.2m | −$5.5m | −$3.3m |
| Capital spending | −$9.6m | −$2.9m | −$3.8m | −$2.3m | −$27.7m | −$10.0m | −$4.9m | −$7.0m | −$1.7m | −$160,000 |
| Free cash flow | −$73.7m | $11.9m | −$33.8m | −$20.4m | −$72.9m | −$31.3m | −$22.6m | −$21.2m | −$7.2m | −$3.5m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $3.4m | $3.2m | $1.9m | $1.6m | $1.6m | $1.4m | $933,000 | $9.0m |
| Operating income | −$28.9m | −$22.7m | −$17.4m | −$18.2m | −$21.0m | −$18.1m | −$15.6m | −$5.3m |
| Net income | −$24.1m | −$18.3m | −$15.1m | −$15.5m | −$18.1m | −$15.0m | −$12.1m | −$6.4m |
| Diluted earnings per share | -0.44 | -0.33 | -0.28 | -0.29 | -0.34 | -0.28 | -0.23 | -0.12 |
| Cash from operations | −$20.0m | −$24.0m | −$15.0m | −$15.0m | −$16.0m | −$17.0m | −$12.0m | −$12.0m |
| Capital spending | −$1.0m | −$1.0m | −$4.0m | −$2.0m | −$1.0m | −$1.0m | −$2.0m | — |
| Free cash flow | −$21.0m | −$25.0m | −$19.0m | −$17.0m | −$17.0m | −$18.0m | −$14.0m | — |
| Total assets | $557.6m | $576.8m | $264.9m | $279.0m | — | — | $326.2m | $337.1m |
| Cash and short-term investments | $517.3m | $538.5m | $226.8m | $246.2m | — | — | $297.2m | $312.4m |
| Debt | $1.5m | $1.4m | $1.3m | $1.4m | — | — | $1.3m | $1.5m |
| Shareholders' equity | $484.8m | $506.1m | −$146.1m | −$132.4m | — | — | −$87.8m | −$76.8m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | — | 29.4% | 38.2% |
| Operating income | 55.8% | 18.4% | 31.9% |
| Net income | 52.6% | 9.3% | 28.0% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | -1587.3% | — | — | — |
| Net margin | -1349.1% | — | — | — |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years.
- 1.0949-for-1 split · 24 Apr 2015
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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