B 
1.16
+0.87%
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
$28.5m
FY2016FY2025
Net income
−$26.4m
FY2016FY2025
Free cash flow
−$16.3m
FY2016FY2025
Shareholders' equity
$44.4m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $28.5m | $30.8m | $36.1m | $27.8m | $18.0m | $8.5m | $10.1m | $12.0m | $9.5m | $6.8m |
| Research and development | $11.4m | $24.8m | $54.0m | $49.0m | $22.5m | $10.3m | $9.1m | $9.5m | $12.0m | $11.4m |
| Operating income | −$33.3m | −$110.2m | −$227.3m | −$131.7m | −$77.5m | −$38.6m | −$27.5m | −$20.4m | −$22.8m | −$21.2m |
| Net income | −$26.4m | −$112.0m | −$232.5m | −$132.6m | −$72.4m | −$41.1m | −$29.8m | −$18.5m | −$23.4m | −$18.8m |
| Diluted earnings per share | -2.46 | -60.05 | -304.91 | -267.71 | -154.08 | -3.95 | -522.52 | -1,100.98 | -4.47 | -1.63 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $73.6m | $76.7m | $214.4m | $307.5m | $377.1m | $60.4m | $30.2m | $24.8m | $10.1m | $14.8m |
| Cash and short-term investments | $13.3m | $9.5m | $66.8m | $113.2m | $250.6m | $38.4m | $17.3m | $16.5m | $1.0m | $5.2m |
| Total liabilities | $29.2m | $41.3m | $118.2m | $58.1m | $40.0m | $25.4m | $26.6m | $14.7m | $60.4m | $42.0m |
| Debt | $6.9m | $27.3m | $79.4m | $11.7m | $10.7m | $36.4m | $20.1m | $9.0m | $6.7m | $6.6m |
| Shareholders' equity | $44.4m | $35.4m | $96.2m | $249.4m | $337.1m | $35.1m | $3.6m | $10.1m | −$50.2m | −$27.3m |
| Shares outstanding | 11m | 2m | 1m | 0m | 0m | 10m | 0m | 0m | 5m | 12m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −$16.3m | −$68.9m | −$125.2m | −$124.8m | −$71.9m | −$38.3m | −$29.5m | −$19.9m | −$20.8m | −$23.5m |
| Capital spending | — | −$103,000 | −$1.7m | −$3.3m | −$1.5m | −$4.7m | −$61,056 | −$331,716 | −$1.0m | −$1.3m |
| Free cash flow | −$16.3m | −$69.0m | −$126.9m | −$128.1m | −$73.4m | −$43.0m | −$29.6m | −$20.3m | −$21.8m | −$24.8m |
| Dividends paid | — | — | — | — | — | −$2.0m | — | — | — | — |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $8.2m | $6.7m | $8.0m | $7.4m | $6.7m | $6.5m | $8.2m | $6.1m |
| Operating income | −$7.4m | −$7.9m | −$8.5m | −$8.5m | −$7.8m | −$8.5m | −$20.0m | −$43.9m |
| Net income | −$7.4m | −$8.3m | −$7.9m | −$8.5m | −$6.9m | −$3.1m | −$20.1m | −$44.2m |
| Diluted earnings per share | -0.64 | -0.72 | -0.74 | -0.79 | -0.64 | -0.29 | -10.79 | -23.72 |
| Cash from operations | −$4.0m | −$5.0m | −$4.0m | −$5.0m | −$3.0m | −$2.0m | −$6.0m | −$13.0m |
| Total assets | $47.6m | $64.8m | $73.6m | $79.1m | $76.0m | $78.4m | $76.7m | $87.4m |
| Cash and short-term investments | $9.9m | $24.7m | $13.3m | $3.1m | $16.4m | $18.2m | $9.5m | $23.0m |
| Debt | $876,000 | $11.0m | $946,000 | $11.1m | $13.4m | $14.9m | $23.6m | $17.2m |
| Shareholders' equity | $31.6m | $37.5m | $44.4m | $49.8m | $45.4m | $48.2m | $35.4m | $48.9m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 0.8% | 36.4% | — |
| Operating income | -36.7% | -2.9% | — |
| Net income | -41.6% | -8.5% | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Price to earnings | -0.6 | -0.2 | -0.2 | -2.1 | -7.5 | -301.0 | -0.9 | -0.5 |
| Price to sales | 0.6 | 0.8 | 1.8 | 10.1 | 31.8 | — | 4.9 | 1.0 |
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|
| Return | -80% | -87% | -90% | -49% | 473% | -46% | -43% | 7% |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years.
- 60-to-1 reverse split · 27 Jan 2025
- 10-to-1 reverse split · 7 Aug 2023
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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