B
10.34
+21.22%
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
$88.5m
FY2018FY2025
Net income
−$35.3m
FY2018FY2025
Free cash flow
−$23.7m
FY2018FY2025
Shareholders' equity
−$2.5m
FY2018FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $88.5m | $71.3m | $49.1m | $38.2m | $54.5m | $45.6m | $24.6m | $20.4m |
| Research and development | $12.0m | $9.6m | $10.0m | $13.1m | $12.8m | $10.8m | $10.5m | $8.2m |
| Operating income | −$27.5m | −$34.7m | −$42.6m | −$57.4m | −$38.7m | −$23.8m | −$27.8m | −$23.3m |
| Net income | −$35.3m | −$42.9m | −$52.1m | −$65.4m | −$43.2m | −$31.4m | −$30.7m | −$26.2m |
| Diluted earnings per share | -4.37 | -5.86 | -11.30 | -22.64 | -31.89 | -23.61 | -23.15 | -1.00 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Total assets | $87.5m | $97.2m | $99.1m | $92.9m | $76.1m | $121.1m | $41.6m | $39.1m |
| Cash and short-term investments | $19.0m | $26.2m | $26.3m | $43.1m | $32.7m | $62.1m | $5.3m | $5.9m |
| Total liabilities | $89.9m | $76.4m | $94.5m | $72.3m | $56.4m | $79.9m | $270.2m | $237.1m |
| Debt | $72.9m | $62.0m | $60.7m | $31.9m | $10.0m | $27.8m | $36.0m | $23.1m |
| Shareholders' equity | −$2.5m | $20.9m | $4.6m | $20.6m | $19.7m | $41.2m | −$228.5m | −$198.0m |
| Shares outstanding | 8m | 7m | 5m | 3m | 1m | 1m | 1m | 26m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | −$23.3m | −$48.6m | −$22.9m | −$45.0m | −$28.2m | −$21.4m | −$21.7m | −$17.7m |
| Capital spending | −$403,000 | −$3.2m | −$23.1m | −$3.5m | −$2.5m | −$2.2m | −$1.3m | −$617,000 |
| Free cash flow | −$23.7m | −$51.9m | −$45.9m | −$48.5m | −$30.8m | −$23.5m | −$23.0m | −$18.3m |
| Dividends paid | — | — | −$643,000 | — | −$328,000 | — | — | — |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $26.9m | $25.6m | $28.8m | $21.8m | $20.0m | $18.0m | $20.4m | $18.2m |
| Operating income | −$5.5m | −$5.8m | −$1.9m | −$6.6m | −$9.7m | −$9.1m | −$6.5m | −$8.6m |
| Net income | −$7.3m | −$7.8m | −$4.0m | −$8.7m | −$11.5m | −$11.1m | −$8.3m | −$10.3m |
| Diluted earnings per share | -0.71 | -0.76 | -0.49 | -1.08 | -1.42 | -1.38 | -1.13 | -1.40 |
| Cash from operations | −$1.0m | −$10.0m | — | −$8.0m | −$6.0m | −$8.0m | −$4.0m | −$10.0m |
| Total assets | $95.3m | $94.6m | $87.5m | $88.7m | $87.7m | $86.2m | $97.2m | $102.7m |
| Cash and short-term investments | $30.0m | $25.6m | $19.0m | $16.7m | $20.7m | $17.6m | $26.2m | $31.4m |
| Debt | $48.4m | $47.9m | $48.8m | $48.5m | $48.0m | $37.8m | $37.1m | $36.8m |
| Shareholders' equity | $9.1m | $9.1m | −$2.5m | −$1.7m | $1.1m | $11.1m | $20.9m | $27.9m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 32.3% | 14.2% | — |
| Operating income | -21.7% | 3.0% | — |
| Net income | -18.6% | 2.4% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | -38.9% | -65.6% | -64.7% | — |
| Net margin | -48.9% | -79.2% | -77.9% | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Price to earnings | -1.6 | -3.2 | -2.0 | -1.2 | -2.0 | -10.5 |
| Price to sales | 0.6 | 1.9 | 2.1 | 2.1 | 1.6 | 7.2 |
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Return | -57% | -16% | -11% | -59% | -74% | 33% |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years.
- 20-to-1 reverse split · 15 Sept 2025
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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