C 
1.50
+15.38%
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
—
FY2017FY2025
Net income
−$167.9m
FY2017FY2025
Free cash flow
−$132.3m
FY2017FY2025
Shareholders' equity
$112.1m
FY2017FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | — | — | — | — | — | $0 | — | — | — |
| Gross profit | −$1.6m | −$4.8m | −$1.4m | −$3.7m | −$733,000 | $0 | −$104,000 | — | — |
| Research and development | $142.7m | $97.2m | $55.4m | $39.3m | $32.5m | $21.4m | $11.7m | $4.5m | $4.5m |
| Operating income | −$172.2m | −$125.1m | −$74.7m | −$54.1m | −$46.3m | −$33.8m | −$18.7m | −$6.2m | −$250,000 |
| Net income | −$167.9m | −$115.9m | −$67.7m | −$51.8m | −$45.5m | −$32.5m | −$15.1m | −$12.2m | −$250,000 |
| Diluted earnings per share | -1.64 | -2.31 | -1.52 | -1.76 | -1.61 | -1.40 | -0.63 | -3.36 | -0.01 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Total assets | $165.1m | $185.0m | $253.7m | $117.0m | $126.3m | $114.7m | $141.5m | $34.2m | $1,000 |
| Cash and short-term investments | $133.6m | $164.0m | $241.2m | $106.5m | $122.2m | $108.7m | $136.2m | $33.0m | $1,000 |
| Total liabilities | $53.0m | $32.7m | $17.5m | $12.4m | $8.4m | $5.2m | $3.1m | $44.9m | $250,000 |
| Debt | $24.2m | $9.2m | — | — | — | — | — | — | — |
| Shareholders' equity | $112.1m | $152.3m | $236.2m | $104.5m | $118.0m | $109.5m | $138.3m | −$10.7m | −$249,000 |
| Shares outstanding | 102m | 50m | 44m | 29m | 28m | 23m | 24m | 4m | 24m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −$131.1m | −$88.2m | −$53.5m | −$46.4m | −$34.1m | −$26.8m | −$16.0m | −$4.7m | −$4.7m |
| Capital spending | −$1.2m | −$2.2m | −$687,000 | −$2.5m | −$1.2m | −$635,000 | −$693,000 | −$693,000 | −$693,000 |
| Free cash flow | −$132.3m | −$90.4m | −$54.2m | −$48.8m | −$35.3m | −$27.4m | −$16.7m | −$5.4m | −$5.4m |
| Dividends paid | — | — | — | — | — | — | −$10.1m | — | — |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | — | — | — | — | — | $1.6m | — |
| Gross profit | — | −$337,000 | $1.3m | −$345,000 | −$468,000 | −$485,000 | −$468,000 | −$424,000 |
| Operating income | −$52.0m | −$44.3m | −$42.6m | −$46.6m | −$45.9m | −$37.1m | −$33.8m | −$33.0m |
| Net income | −$51.0m | −$43.5m | −$41.9m | −$44.9m | −$45.1m | −$35.9m | −$32.6m | −$30.6m |
| Diluted earnings per share | -0.34 | -0.29 | -0.41 | -0.44 | -0.44 | -0.35 | -0.65 | -0.61 |
| Cash from operations | −$41.0m | −$42.0m | −$35.0m | −$34.0m | −$30.0m | −$30.0m | −$23.0m | −$20.0m |
| Total assets | $256.7m | $148.1m | $165.1m | $189.8m | $224.5m | $165.1m | $185.0m | $204.4m |
| Cash and short-term investments | $225.1m | $116.6m | $133.6m | $159.9m | $194.7m | $131.8m | $164.0m | $183.0m |
| Debt | $19.5m | $23.1m | $24.2m | $21.2m | $20.4m | $19.2m | $10.0m | $7.9m |
| Shareholders' equity | $210.6m | $103.3m | $112.1m | $139.5m | $178.5m | $121.6m | $152.3m | $174.2m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Operating income | 47.1% | 38.5% | — |
| Net income | 48.0% | 38.9% | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Price to earnings | -1.3 | -1.0 | -14.9 | -5.3 | -2.4 | -2.4 | -6.0 |
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|
| Return | 5% | -90% | 259% | 38% | 34% | 23% | 1% |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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