C
0.76
-0.05%
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
$26.6m
FY2018FY2025
Net income
−$91.8m
FY2018FY2025
Free cash flow
−$13.3m
FY2018FY2025
Shareholders' equity
−$38.1m
FY2018FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $26.6m | $54.2m | $22.8m | $18.0m | $21.3m | $14.3m | $21.1m | $17.6m |
| Research and development | $15.0m | $17.4m | $30.5m | $78.4m | $88.4m | $52.7m | $46.1m | $29.1m |
| Operating income | −$85.0m | −$51.6m | −$76.5m | −$25.6m | −$109.1m | −$210.6m | −$264.1m | −$1,098 |
| Net income | −$91.8m | −$57.9m | −$196.3m | $14.2m | −$100.1m | −$208.2m | −$211.9m | −$1,098 |
| Diluted earnings per share | -3.18 | -2.57 | -10.42 | 0.95 | -8.07 | -112.97 | -88.47 | -0.00 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Total assets | $107.3m | $132.7m | $143.9m | $401.1m | $414.1m | $431.0m | $521.5m | $24,707 |
| Cash and short-term investments | $6.2m | $738,000 | — | $14.0m | $37.2m | $54.3m | $28.1m | $24,707 |
| Total liabilities | $145.4m | $123.8m | $102.9m | $202.2m | $314.7m | $412.3m | $383.6m | $150,555 |
| Debt | $40.9m | $68.8m | — | $65.6m | $31.1m | $30.6m | $28.1m | $150,000 |
| Shareholders' equity | −$38.1m | $8.8m | $41.0m | $198.9m | $99.4m | $18.7m | $137.9m | −$125,847 |
| Shares outstanding | 29m | 23m | 19m | 15m | 12m | 2m | 2m | 1m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | −$13.3m | −$6.4m | −$38.7m | −$137.9m | −$110.1m | −$63.2m | −$1.1m | −$543 |
| Capital spending | — | −$161,000 | −$4.0m | −$5.2m | −$6.2m | −$27.8m | −$3 | −$1.9m |
| Free cash flow | −$13.3m | −$6.6m | −$42.7m | −$143.1m | −$116.3m | −$91.0m | −$1.1m | −$1.9m |
| Dividends paid | −$5.9m | — | — | −$39.1m | — | — | — | — |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $3.8m | $4.1m | $4.1m | $5.3m | $5.7m | $18.1m | $18.1m | $9.3m |
| Operating income | −$10.1m | −$22.1m | −$23.5m | −$21.6m | −$22.6m | −$9.3m | −$9.5m | −$14.3m |
| Net income | $675,000 | −$24.4m | −$24.4m | −$23.1m | −$24.5m | −$13.3m | −$13.3m | −$16.1m |
| Diluted earnings per share | 0.02 | -0.80 | -0.84 | -0.80 | -0.85 | -0.46 | -0.59 | -0.71 |
| Cash from operations | $1.0m | −$5.0m | −$5.0m | −$4.0m | — | $1.0m | $1.0m | — |
| Total assets | $99.5m | $107.3m | $107.3m | $114.2m | $120.3m | $132.7m | $132.7m | $128.8m |
| Cash and short-term investments | $368,000 | $6.2m | — | $120,000 | $863,000 | $738,000 | — | $133,000 |
| Debt | $2.7m | $14.0m | — | $5.7m | $43.4m | $42.9m | $35.9m | $42.6m |
| Shareholders' equity | −$35.3m | −$38.1m | −$38.1m | −$20.1m | −$25.5m | $8.8m | $8.8m | $17.3m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 13.9% | 13.2% | — |
| Operating income | 49.2% | -16.6% | — |
| Net income | — | -15.1% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | -169.1% | -196.4% | -355.3% | — |
| Net margin | -185.3% | -273.0% | -407.4% | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Price to earnings | -0.3 | -0.5 | -0.1 | 5.5 | -1.7 | -0.3 | -0.3 |
| Price to sales | 1.2 | 0.6 | 0.8 | 4.4 | 7.8 | 3.7 | 3.0 |
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|
| Return | -14% | 88% | -85% | -57% | -59% | 14% | 2% |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years.
- 10-to-1 reverse split · 29 Feb 2024
- 1-to-1 reverse split · 19 Jul 2021
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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