A 
0.64
+0.36%
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.
Net income
−$33.8m
FY2016FY2025
Free cash flow
−$33.3m
FY2016FY2025
Shareholders' equity
$44.3m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit | −$251,993 | −$249,623 | −$262,780 | −$258,707 | −$264,180 | −$56,221 | −$96,305 | −$71,003 | −$37,849 | −$35,792 |
| Research and development | $25.7m | $48.2m | $29.5m | $47.3m | $44.9m | $24.7m | $44.4m | $29.8m | $16.3m | $13.2m |
| Operating income | −$35.3m | −$60.1m | −$42.8m | −$62.7m | −$56.2m | −$34.4m | −$63.1m | −$39.7m | −$22.5m | −$18.7m |
| Net income | −$33.8m | −$55.9m | −$37.5m | −$62.0m | −$57.8m | −$37.6m | −$60.8m | −$38.9m | −$22.3m | −$18.7m |
| Diluted earnings per share | -0.56 | -0.94 | -0.63 | -1.06 | -1.00 | -0.97 | -2.08 | -1.44 | -1.15 | -1.36 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $72.1m | $104.6m | $148.3m | $181.3m | $233.1m | $83.4m | $75.5m | $95.1m | $44.2m | $25.2m |
| Cash and short-term investments | $70.0m | $101.2m | $142.8m | $174.3m | $229.8m | $77.9m | $73.4m | $93.6m | $42.9m | $24.9m |
| Total liabilities | $27.8m | $33.6m | $28.5m | $30.3m | $27.4m | $23.8m | $27.4m | $8.5m | $4.6m | $3.5m |
| Debt | $15.5m | $15.0m | $15.1m | $15.8m | $15.5m | $15.1m | $14.5m | — | $1.3m | $1.3m |
| Shareholders' equity | $44.3m | $71.0m | $119.8m | $151.0m | $205.7m | $59.5m | $48.1m | $86.6m | $39.6m | $21.6m |
| Shares outstanding | 60m | 59m | 59m | 59m | 58m | 39m | 29m | 27m | 19m | 14m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −$33.3m | −$43.2m | −$30.3m | −$56.6m | −$42.6m | −$37.5m | −$45.0m | −$29.9m | −$19.2m | −$15.1m |
| Capital spending | — | — | −$2 | −$16,317 | −$7,806 | −$5 | −$9,529 | −$262,966 | −$24,759 | −$11,810 |
| Free cash flow | −$33.3m | −$43.2m | −$30.3m | −$56.7m | −$42.6m | −$37.5m | −$45.0m | −$30.1m | −$19.2m | −$15.2m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | — | — | — | — | — | $244,526 | — |
| Gross profit | — | −$66,599 | −$65,115 | −$63,683 | −$62,282 | −$60,912 | −$64,373 | −$62,987 |
| Operating income | −$5.9m | −$3.5m | −$6.7m | −$8.0m | −$10.2m | −$10.4m | −$16.6m | −$16.1m |
| Net income | −$5.5m | −$3.5m | −$6.5m | −$7.7m | −$9.8m | −$9.9m | −$15.8m | −$15.1m |
| Diluted earnings per share | -0.09 | -0.06 | -0.11 | -0.13 | -0.16 | -0.17 | -0.27 | -0.25 |
| Cash from operations | −$9.70bn | −$5.0m | −$5.0m | −$7.0m | −$8.0m | −$12.0m | −$12.0m | −$7.0m |
| Capital spending | −$23.0m | — | — | — | — | — | — | — |
| Free cash flow | −$9.72bn | — | — | — | — | — | — | — |
| Total assets | $47.5m | $66.5m | $72.1m | $77.8m | $85.0m | $93.2m | $104.6m | $117.3m |
| Cash and short-term investments | $45.1m | $65.0m | $70.0m | $75.3m | $81.9m | $90.1m | $101.2m | $112.7m |
| Debt | $143,447 | $15.5m | $15.5m | $15.5m | $15.4m | $15.4m | $15.3m | $15.5m |
| Shareholders' equity | $37.9m | $42.2m | $44.3m | $49.2m | $55.3m | $63.6m | $71.0m | $85.1m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Operating income | -17.4% | 0.5% | 11.4% |
| Net income | -18.3% | -2.1% | 10.8% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -9.2 | -1.4 | -1.5 | -0.6 | -0.4 | -0.3 | -0.1 | -0.2 | -0.2 | -0.1 |
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Return | 285% | 39% | 71% | 74% | -12% | 123% | -28% | 23% | 37% | -30% |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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