B 
0.99
+0.18%
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
$123.6m
FY2019FY2025
Net income
−$8.1m
FY2019FY2025
Free cash flow
−$81,000
FY2019FY2025
Shareholders' equity
−$30.6m
FY2019FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Revenue | $123.6m | $162.0m | $156.8m | $235.2m | $234.5m | $96.0m | $50.7m |
| Research and development | $32.8m | $46.1m | $81.6m | $138.1m | $92.2m | $55.5m | $48.6m |
| Operating income | −$878,000 | −$49.6m | −$148.7m | −$741.3m | −$196.7m | −$75.3m | −$81.7m |
| Net income | −$8.1m | −$49.6m | −$185.3m | −$768.6m | −$171.3m | −$74.6m | −$81.5m |
| Diluted earnings per share | -0.03 | -0.19 | -0.75 | -3.22 | -0.75 | -0.34 | -2.47 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Total assets | $170.0m | $178.0m | $206.1m | $432.8m | $1.11bn | $215.7m | $161.3m |
| Cash and short-term investments | $68.3m | $98.5m | $136.9m | $354.1m | $547.2m | $151.7m | $127.3m |
| Total liabilities | $200.6m | $182.0m | $179.1m | $268.8m | $301.9m | $52.4m | $26.3m |
| Debt | $254,000 | — | $138.3m | $216.8m | $213.8m | — | — |
| Shareholders' equity | −$30.6m | −$56.4m | −$19.2m | $123.2m | $774.6m | $163.3m | $135.0m |
| Shares outstanding | 258m | 257m | 249m | 238m | 228m | 220m | 33m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Cash from operations | $11.5m | −$13.0m | −$127.6m | −$190.4m | −$127.5m | −$65.0m | −$58.9m |
| Capital spending | −$11.6m | −$9.8m | −$587,000 | −$2.1m | −$1.9m | −$1.3m | −$620,000 |
| Free cash flow | −$81,000 | −$22.9m | −$128.2m | −$192.5m | −$129.4m | −$66.3m | −$59.6m |
| Dividends paid | — | — | — | — | −$218.7m | — | — |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $33.8m | $30.8m | $32.4m | $32.9m | $31.5m | $26.8m | $41.4m | $45.2m |
| Operating income | −$1.6m | −$4.4m | −$4.5m | $12.4m | −$4.6m | −$7.7m | −$682,000 | −$2.6m |
| Net income | −$1.5m | −$8.0m | −$3.5m | $12.5m | −$6.6m | −$10.5m | −$2.3m | −$4.2m |
| Diluted earnings per share | -0.01 | -0.03 | -0.01 | 0.05 | -0.03 | -0.04 | -0.01 | -0.02 |
| Cash from operations | $15.0m | $7.0m | — | −$3.0m | −$6.0m | $20.0m | −$4.0m | $2.0m |
| Capital spending | −$1.0m | −$1.0m | −$1.0m | −$2.0m | −$3.0m | −$4.0m | −$2.0m | −$3.0m |
| Free cash flow | $14.0m | $6.0m | — | −$5.0m | −$9.0m | $16.0m | −$6.0m | −$1.0m |
| Total assets | $143.6m | $161.3m | $170.0m | $189.6m | $183.1m | $188.3m | $178.0m | $186.1m |
| Cash and short-term investments | $44.9m | $61.0m | $68.3m | $77.3m | $88.3m | $104.8m | $98.5m | $116.8m |
| Debt | $407,000 | $254,000 | $254,000 | $305,000 | $958,000 | $1.7m | $3.0m | $4.3m |
| Shareholders' equity | $94.8m | −$55.9m | −$30.5m | $142.3m | $127.7m | −$16.9m | −$56.4m | $87.9m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -19.3% | 5.2% | — |
| Operating income | -89.4% | -58.9% | — |
| Net income | -78.1% | -35.9% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | -17.7% | -138.8% | -120.3% | — |
| Net margin | -20.2% | -149.3% | -124.7% | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Price to earnings | -97.4 | -21.8 | -3.4 | -0.3 | -6.3 |
| Price to sales | 6.3 | 6.7 | 4.0 | 0.9 | 4.6 |
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Return | -35% | 106% | 187% | -84% | -64% |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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