C 
3.52
+14.66%
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
−$78.5m
FY2016FY2025
Free cash flow
−$64.5m
FY2016FY2025
Shareholders' equity
$147.5m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | — | — | — | — | $881,705 | $3.9m | $36.1m | $4.8m | $2.4m | $1.9m |
| Research and development | $70.1m | $32.2m | $31.2m | $16.1m | $36.4m | $98.3m | $89.6m | $48.6m | $26.0m | $15.4m |
| Operating income | −$85.3m | −$48.7m | −$45.1m | −$40.2m | −$56.0m | −$122.8m | −$77.1m | −$56.7m | −$32.6m | −$20.0m |
| Net income | −$78.5m | −$40.2m | −$44.6m | −$55.8m | −$45.6m | −$111.3m | −$71.5m | −$55.7m | −$32.4m | −$20.0m |
| Diluted earnings per share | -5.90 | -3.30 | -10.08 | -13.39 | -10.91 | -38.28 | -33.14 | -29.18 | -17.26 | -12.94 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $168.2m | $155.9m | $28.3m | $66.3m | $107.7m | $102.3m | $49.1m | $47.0m | $67.0m | $17.9m |
| Cash and short-term investments | $163.9m | $149.1m | $20.9m | $59.2m | $97.6m | $85.4m | $31.7m | $41.7m | $62.5m | $15.0m |
| Total liabilities | $20.7m | $13.5m | $35.2m | $33.3m | $38.6m | $57.0m | $43.0m | $19.5m | $9.2m | $9.0m |
| Debt | $1.6m | — | $16.2m | $19.1m | $19.5m | $18.7m | $800,000 | $400,000 | $300,000 | $300,000 |
| Shareholders' equity | $147.5m | $142.4m | −$6.9m | $33.0m | $69.1m | $45.3m | $6.2m | $27.5m | $57.8m | $8.9m |
| Shares outstanding | 13m | 12m | 4m | 4m | 4m | 3m | 2m | 2m | 2m | 2m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −$64.5m | −$41.8m | −$36.10bn | −$37.5m | −$48.2m | −$99.7m | −$45.7m | −$30.1m | −$27.8m | −$13.6m |
| Capital spending | −$7,000 | — | −$3 | −$13,449 | −$54,172 | −$484,487 | −$2.7m | −$2.3m | −$707,429 | −$353,032 |
| Free cash flow | −$64.5m | −$41.8m | −$36.10bn | −$37.6m | −$48.2m | −$100.2m | −$48.5m | −$32.4m | −$28.5m | −$13.9m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | — | — | — | — | — | $703,376 | — |
| Operating income | −$36.2m | −$24.3m | −$22.0m | −$24.4m | −$19.2m | −$19.8m | −$12.6m | −$15.5m |
| Net income | −$35.0m | −$23.0m | −$20.6m | −$23.3m | −$17.7m | −$17.0m | −$9.5m | −$13.8m |
| Diluted earnings per share | -1.81 | -1.18 | -1.54 | -1.75 | -1.33 | -1.27 | -0.78 | -1.13 |
| Cash from operations | −$29.0m | −$25.0m | −$15.0m | −$15.0m | −$16.0m | −$16.0m | −$10.0m | −$13.0m |
| Total assets | $127.0m | $144.5m | $168.2m | $109.5m | $125.1m | $139.9m | $155.9m | $164.2m |
| Cash and short-term investments | $117.9m | $138.6m | $163.9m | $104.0m | $116.6m | $132.8m | $149.1m | $159.4m |
| Debt | $999,000 | $1.2m | $1.6m | $1.7m | $1.7m | $1.6m | $1.6m | $1.6m |
| Shareholders' equity | $102.2m | $126.3m | $147.5m | $92.1m | $111.0m | $127.1m | $142.4m | $150.5m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Operating income | 28.5% | -7.0% | 25.4% |
| Net income | 12.0% | -6.7% | 24.4% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -1.4 | -3.6 | -0.2 | -0.1 | -0.6 | -0.4 | -0.3 | -0.3 | -0.7 | -1.1 |
| Price to sales | — | — | — | — | 33.0 | 10.4 | 0.6 | 4.0 | 9.6 | 11.9 |
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Return | -39% | 540% | 60% | -82% | -57% | 90% | -9% | -17% | -22% | 447% |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years.
- 30-to-1 reverse split · 14 Feb 2023
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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