A 
0.50
-3.21%
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
$285,759
FY2017FY2025
Net income
−$12.6m
FY2017FY2025
Free cash flow
−$12.9m
FY2017FY2025
Shareholders' equity
$12.4m
FY2017FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $285,759 | $1.5m | $583,231 | — | — | — | — | — | — |
| Research and development | $7.0m | $9.4m | $7.6m | $92.4m | $23.9m | $37.9m | $21.0m | $14.2m | $13.4m |
| Operating income | −$13.2m | −$14.3m | −$15.5m | −$113.4m | −$37.4m | −$52.8m | −$29.5m | −$16.5m | −$15.9m |
| Net income | −$12.6m | −$13.0m | −$14.3m | −$112.7m | −$36.5m | −$53.9m | −$28.1m | −$15.5m | −$15.2m |
| Diluted earnings per share | -1.64 | -2.18 | -3.82 | -30.19 | -33.93 | -50.90 | -27.62 | -22.06 | -0.28 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Total assets | $15.9m | $24.0m | $22.7m | $30.2m | $56.8m | $92.8m | $133.6m | $66.0m | $24.8m |
| Cash and short-term investments | $14.6m | $22.8m | $21.6m | $28.8m | $53.1m | $89.0m | $130.1m | $65.7m | $24.4m |
| Total liabilities | $3.5m | $4.7m | $4.4m | $4.5m | $7.3m | $15.4m | $9.4m | $117.5m | $60.5m |
| Debt | — | — | — | — | $190,471 | $335,156 | $544,950 | — | — |
| Shareholders' equity | $12.4m | $19.3m | $18.3m | $25.6m | $49.5m | $77.4m | $124.2m | −$51.4m | −$35.8m |
| Shares outstanding | 8m | 6m | 4m | 4m | 1m | 1m | 1m | 1m | 53m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −$12.9m | −$13.6m | −$12.2m | −$25.0m | −$37.7m | −$41.8m | −$26.7m | −$15.3m | −$14.0m |
| Capital spending | — | −$15,478 | −$93,093 | — | — | −$25,709 | −$30,901 | −$3,702 | −$3,702 |
| Free cash flow | −$12.9m | −$13.6m | −$12.3m | −$25.0m | −$37.7m | −$41.8m | −$26.7m | −$15.3m | −$14.0m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | — | $3,337 | $1,848 | $118,111 | $162,463 | $205,817 | $354,621 |
| Operating income | −$4.0m | −$3.4m | −$2.6m | −$3.1m | −$3.4m | −$4.1m | −$3.2m | −$4.1m |
| Net income | −$3.6m | −$3.3m | −$2.5m | −$3.0m | −$3.2m | −$3.9m | −$2.9m | −$3.8m |
| Diluted earnings per share | -0.07 | -0.06 | -0.32 | -0.39 | -0.42 | -0.51 | -0.49 | -0.64 |
| Cash from operations | −$3.0m | −$2.0m | −$2.0m | −$3.0m | −$3.0m | −$3.0m | −$3.0m | −$2.0m |
| Total assets | $42.3m | $48.1m | $15.9m | $14.3m | $17.3m | $20.2m | $24.0m | $26.9m |
| Cash and short-term investments | $41.2m | $46.5m | $14.6m | $13.7m | $16.5m | $19.3m | $22.8m | $26.2m |
| Shareholders' equity | $38.5m | $42.8m | $12.4m | $11.6m | $13.4m | $15.5m | $19.3m | $21.9m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Operating income | -51.1% | -24.2% | 90.2% |
| Net income | -51.8% | -25.2% | 47.8% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | -1540.7% | — | — | — |
| Net margin | -1429.2% | — | — | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Price to earnings | -0.5 | -1.5 | -1.2 | -0.2 | -1.7 | -1.9 | -7.3 |
| Price to sales | 22.9 | 13.0 | 30.1 | — | — | — | — |
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|
| Return | -70% | -21% | -43% | -90% | -42% | -28% | 75% |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years.
- 20-to-1 reverse split · 13 Feb 2023
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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