B 
9.87
+3.46%
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
—
FY2016FY2025
Net income
−$37.9m
FY2016FY2025
Free cash flow
−$23.6m
FY2016FY2025
Shareholders' equity
—
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | — | — | $80,000 | $70,000 | $60,000 | $100,000 | $11.9m | $3.6m | $8.4m | $3.0m |
| Research and development | $18.3m | $15.6m | $12.8m | $11.3m | $7.0m | $3.0m | $2.2m | $5.3m | $5.2m | $9.7m |
| Operating income | −$41.8m | −$22.5m | −$19.1m | −$17.9m | −$13.6m | −$8.3m | $2.3m | −$9.0m | −$4.1m | −$16.9m |
| Net income | −$37.9m | −$22.4m | −$19.6m | −$18.2m | −$13.9m | −$8.3m | $2.9m | −$9.0m | −$4.3m | −$18.0m |
| Diluted earnings per share | -1.05 | -5.51 | -14.07 | -37.93 | -55.52 | -137.83 | 0.29 | -1.09 | -0.62 | -2.13 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | — | $52.0m | $4.5m | $6.0m | $21.4m | $11.6m | $19.3m | $15.8m | $17.4m | $14.8m |
| Cash and short-term investments | — | $51.0m | $2.5m | $4.1m | $19.8m | $9.8m | $15.9m | $12.0m | $13.4m | $13.6m |
| Total liabilities | — | $5.0m | $4.3m | $3.1m | $1.4m | $1.4m | $2.6m | $1.9m | $890,000 | $780,000 |
| Shareholders' equity | — | $47.0m | $200,000 | $2.9m | $20.0m | $10.2m | $16.6m | $13.9m | $16.5m | $14.0m |
| Shares outstanding | 36m | 4m | 1m | 0m | 0m | 0m | 10m | 8m | 7m | 8m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −$23.6m | −$19.4m | −$18.0m | −$15.9m | −$12.8m | −$7.5m | $4.2m | −$7.6m | −$6.3m | −$14.7m |
| Capital spending | −$18,000 | −$179,000 | — | −$10,000 | −$220,000 | −$100,000 | −$410,000 | −$60,000 | −$130,000 | −$250,000 |
| Free cash flow | −$23.6m | −$19.6m | −$18.0m | −$15.9m | −$13.1m | −$7.6m | $3.8m | −$7.6m | −$6.4m | −$14.9m |
Latest quarters
By quarter end
| Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | Jun 2024 | Mar 2024 | |
|---|---|---|---|---|---|---|---|---|
| Operating income | −$13.4m | −$9.8m | −$17.2m | −$10.2m | −$8.6m | −$5.8m | −$5.5m | −$4.1m |
| Net income | −$11.8m | −$9.0m | −$16.1m | −$9.4m | −$7.4m | −$5.1m | −$5.3m | −$4.3m |
| Diluted earnings per share | -0.26 | -0.22 | -0.39 | -0.24 | -0.33 | -0.48 | -0.60 | -1.64 |
| Cash from operations | −$3.0m | −$3.0m | −$8.0m | −$3.0m | −$7.0m | −$4.0m | −$3.0m | −$6.0m |
| Total assets | — | $96.0m | $99.6m | $105.2m | $79.1m | $68.8m | $52.2m | $15.0m |
| Cash and short-term investments | — | $94.5m | $97.7m | $103.6m | $78.3m | $67.8m | $50.9m | $14.1m |
| Shareholders' equity | — | $93.6m | $97.3m | $97.6m | $75.9m | $64.2m | $47.2m | $11.5m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Operating income | 32.8% | 38.2% | 16.4% |
| Net income | 27.7% | 35.6% | 14.8% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -12.9 | -2.3 | -0.2 | -0.1 | -0.8 | -0.2 | 165.7 | -129.5 | -448.2 | -67.7 |
| Price to sales | — | — | 56.1 | 19.8 | 185.6 | 17.9 | 40.9 | 326.4 | 230.0 | 413.8 |
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Return | -4% | 275% | 32% | -95% | 56% | -27% | -75% | -41% | 110% | -24% |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 1 Jun 2018.
| FY2018 | |
|---|---|
| Paid in the year | 0.765 |
- 17-to-1 reverse split · 26 Jul 2023
- 3-to-2 reverse split · 15 Apr 2020
- 10-to-1 reverse split · 18 Nov 2019
- 4-to-1 reverse split · 16 Jun 2015
- 200-for-1 split · 30 May 2014
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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