13.65
+0.81%
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
$10.8m
FY2016FY2025
Net income
−$153.9m
FY2016FY2025
Free cash flow
−$144.5m
FY2016FY2025
Shareholders' equity
$203.0m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $10.8m | — | $10,000 | $75,000 | $1.2m | $10.2m | — | — | — | $18,500 |
| Gross profit | $10.8m | −$35,174 | $10,000 | $75,000 | $1.2m | $10.2m | −$899,302 | −$275,123 | −$263,541 | $18,500 |
| Research and development | $138.1m | $28.1m | $20.1m | $28.4m | $47.5m | $44.9m | $47.0m | $40.1m | $24.1m | $23.3m |
| Operating income | −$152.6m | −$49.9m | −$39.3m | −$47.4m | −$63.4m | −$51.5m | −$61.4m | −$51.5m | −$33.9m | −$31.9m |
| Net income | −$153.9m | −$48.5m | −$36.9m | −$46.7m | −$63.4m | −$51.0m | −$54.1m | −$48.3m | −$33.3m | −$31.8m |
| Diluted earnings per share | -7.63 | -75.25 | -57.31 | -88.16 | -121.95 | -106.31 | -124.78 | -111.90 | -103.10 | -137.65 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $240.3m | $35.6m | $45.3m | $51.8m | $94.3m | $142.8m | $168.0m | $214.8m | $128.6m | $42.4m |
| Cash and short-term investments | $213.2m | $34.8m | $41.8m | $47.9m | $90.3m | $137.0m | $158.2m | $209.9m | $123.9m | $40.0m |
| Total liabilities | $37.3m | $51.1m | $6.9m | $8.9m | $12.7m | $14.6m | $13.8m | $9.4m | $8.9m | $7.1m |
| Shareholders' equity | $203.0m | −$15.5m | $38.4m | $42.9m | $81.6m | $128.2m | $154.2m | $205.5m | $119.7m | $35.3m |
| Shares outstanding | 20m | 1m | 1m | 1m | 1m | 0m | 0m | 0m | 0m | 0m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −$71.5m | −$31.1m | −$34.9m | −$46.5m | −$57.5m | −$39.2m | −$52.0m | −$43.3m | −$29.8m | −$29.7m |
| Capital spending | −$72.9m | −$9,972 | −$21,394 | −$84,191 | −$14,943 | −$68,507 | −$144,931 | −$125,618 | −$294,107 | −$704,202 |
| Free cash flow | −$144.5m | −$31.1m | −$34.9m | −$46.5m | −$57.5m | −$39.3m | −$52.1m | −$43.5m | −$30.1m | −$30.4m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | $1.0m | $10.8m | $30.6m | — | — | — | — |
| Gross profit | — | $1.0m | $10.8m | $28.9m | −$2,000 | — | $27,043 | −$8,130 |
| Operating income | −$26.4m | −$24.7m | −$91.5m | −$25.9m | −$21.0m | −$14.2m | −$17.2m | −$11.2m |
| Net income | −$22.7m | −$23.3m | −$92.4m | −$24.6m | −$21.8m | −$15.1m | −$17.9m | −$9.8m |
| Diluted earnings per share | -0.74 | -0.76 | -4.58 | -1.22 | -1.08 | -0.75 | -27.71 | -15.24 |
| Cash from operations | −$19.0m | −$8.0m | −$26.0m | −$17.0m | −$16.0m | −$10.0m | −$3.0m | −$7.0m |
| Capital spending | — | −$8.0m | −$72.0m | — | — | — | — | — |
| Free cash flow | — | −$16.0m | −$98.0m | — | — | — | — | — |
| Total assets | $182.8m | $199.1m | $240.3m | $138.3m | $157.4m | $6.0m | $11.1m | $15.7m |
| Cash and short-term investments | $171.6m | $189.2m | $213.2m | $133.3m | $152.6m | $5.6m | $10.7m | $14.4m |
| Debt | $471,000 | $453,000 | $435,000 | $417,000 | $211,000 | — | $66,844 | $262,133 |
| Shareholders' equity | $163.3m | $183.8m | $203.0m | $116.6m | $139.3m | $3.4m | $5.3m | $11.4m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 424.9% | 1.3% | -6.0% |
| Operating income | 47.7% | 24.3% | 28.1% |
| Net income | 48.8% | 24.7% | 28.3% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -1.6 | -0.3 | -0.7 | -0.2 | -0.1 | -0.2 | -0.3 | -0.2 | -0.3 | -0.1 |
| Price to sales | 22.1 | — | — | 140.4 | 4.2 | 1.2 | — | — | — | 153.4 |
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Return | -44% | -41% | 158% | 38% | -60% | -28% | 88% | -39% | 157% | 4% |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 13 Jan 2023.
| FY2022 | FY2015 | |
|---|---|---|
| Paid in the year | 167.00 | 59.766 |
- 100-to-1 reverse split · 16 Jun 2025
- 15-to-1 reverse split · 13 Feb 2017
- 7-to-1 reverse split · 21 Aug 2015
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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