D 
9.65
+3.10%
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
−$32.8m
FY2016FY2025
Free cash flow
−$29.1m
FY2016FY2025
Shareholders' equity
$56.1m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | — | — | — | — | — | — | — | $500,000 | — | — |
| Gross profit | — | −$39,000 | −$30,000 | −$25,000 | −$24,000 | −$21,000 | −$21,000 | $500,000 | −$4,000 | −$2,211 |
| Research and development | $24.6m | $19.1m | $13.1m | $7.8m | $8.8m | $8.2m | $7.9m | $4.5m | $3.2m | $1.8m |
| Operating income | −$34.4m | −$26.7m | −$21.3m | −$14.0m | −$13.6m | −$12.7m | −$11.6m | −$6.8m | −$4.5m | −$2.5m |
| Net income | −$32.8m | −$24.4m | −$19.4m | −$13.7m | −$13.6m | −$12.3m | −$10.6m | −$5.7m | −$4.3m | −$2.2m |
| Diluted earnings per share | -0.70 | -0.57 | -0.51 | -0.52 | -0.71 | -0.74 | -0.81 | -0.48 | -0.70 | -0.46 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $61.4m | $46.3m | $54.2m | $34.4m | $45.6m | $28.1m | $9.1m | $18.3m | $1.8m | $1.9m |
| Cash and short-term investments | $59.9m | $44.1m | $52.9m | $33.5m | $45.1m | $27.5m | $7.9m | $16.8m | $1.4m | $1.7m |
| Total liabilities | $5.3m | $5.6m | $3.1m | $2.6m | $1.5m | $2.1m | $1.4m | $1.3m | $1.0m | $626,966 |
| Debt | $112,000 | $25,000 | $4,000 | $10,000 | $7,000 | $13,000 | $19,000 | $23,000 | — | — |
| Shareholders' equity | $56.1m | $40.7m | $51.1m | $31.8m | $44.0m | $26.0m | $7.6m | $17.0m | $799,000 | $1.2m |
| Shares outstanding | 47m | 43m | 38m | 26m | 19m | 17m | 13m | 12m | 6m | 5m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −$29.1m | −$22.1m | −$18.7m | −$11.5m | −$12.3m | −$9.2m | −$9.1m | −$5.7m | −$3.9m | −$3.0m |
| Capital spending | −$40,000 | −$25,000 | −$24,000 | −$81,000 | −$22,000 | −$47,000 | −$2,000 | −$50,000 | −$22,000 | −$6,893 |
| Free cash flow | −$29.1m | −$22.1m | −$18.8m | −$11.6m | −$12.3m | −$9.2m | −$9.1m | −$5.7m | −$3.9m | −$3.0m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | — | −$27,999 | — | — | — | $13.8m | — |
| Gross profit | — | −$11,000 | −$13,999 | −$18,000 | −$3,000 | −$11,000 | −$11,000 | −$6.9m |
| Operating income | −$10.1m | −$10.5m | −$9.2m | −$9.0m | −$8.0m | −$8.1m | −$8.4m | −$6.9m |
| Net income | −$10.1m | −$10.0m | −$8.7m | −$8.6m | −$7.7m | −$7.7m | −$7.9m | −$6.3m |
| Diluted earnings per share | -0.19 | -0.19 | -0.19 | -0.18 | -0.16 | -0.16 | -0.18 | -0.15 |
| Cash from operations | −$8.0m | −$9.0m | −$7.0m | −$6.0m | −$7.0m | −$7.0m | −$6.0m | −$4.0m |
| Total assets | $45.0m | $53.1m | $61.4m | $57.0m | $31.5m | $38.8m | $46.3m | $52.5m |
| Cash and short-term investments | $43.5m | $51.3m | $59.9m | $55.3m | $30.0m | $36.3m | $44.1m | $50.2m |
| Debt | $116,000 | $115,000 | $112,000 | $109,000 | $108,000 | $105,000 | $103,000 | $102,000 |
| Shareholders' equity | $38.3m | $47.2m | $56.1m | $51.6m | $27.2m | $34.0m | $40.7m | $48.0m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Operating income | 34.9% | 22.1% | 38.7% |
| Net income | 33.8% | 21.7% | 36.7% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -11.4 | -9.5 | -5.6 | -3.1 | -3.3 | -8.6 | -3.7 | -3.8 | -2.4 | -1.6 |
| Price to sales | — | — | — | — | — | — | — | 43.4 | — | — |
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Return | 72% | 73% | 84% | -33% | -55% | 100% | 53% | 0% | 71% | 54% |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years.
- 20-to-1 reverse split · 15 Nov 2018
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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