F
1.59
+1.92%
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
$99.7m
FY2019FY2025
Net income
−$76.9m
FY2019FY2025
Free cash flow
−$34.6m
FY2019FY2025
Shareholders' equity
−$40.3m
FY2019FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Revenue | $99.7m | $47.4m | $127.0m | $123.1m | $270.5m | $187.4m | $53.1m |
| Gross profit | $1.1m | −$12.6m | $8.3m | −$27.2m | −$32.5m | $3.6m | −$2.0m |
| Research and development | $4.4m | $5.9m | $7.2m | $9.9m | $11.5m | $5.2m | $4.0m |
| Operating income | −$68.2m | −$52.8m | −$50.8m | −$99.6m | −$126.8m | −$16.9m | −$13.1m |
| Net income | −$76.9m | −$48.6m | −$50.3m | −$99.6m | −$106.6m | −$15.9m | −$13.5m |
| Diluted earnings per share | -5.08 | -3.80 | -4.02 | -9.59 | -11.10 | -2.31 | -2.25 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Total assets | $111.8m | $89.9m | $123.1m | $134.4m | $243.0m | $71.4m | $33.8m |
| Cash and short-term investments | $21.1m | $11.2m | $25.2m | $44.4m | $102.2m | $33.4m | $7.2m |
| Total liabilities | $152.1m | $70.9m | $60.6m | $67.9m | $100.2m | $63.9m | $42.3m |
| Debt | $43.2m | $9.5m | — | — | — | $1.8m | $7.8m |
| Shareholders' equity | −$40.3m | $19.0m | $62.5m | $66.5m | $142.9m | $7.5m | −$8.4m |
| Shares outstanding | 15m | 13m | 13m | 10m | 10m | 7m | 6m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Cash from operations | −$33.4m | −$34.7m | −$52.7m | −$54.5m | −$132.9m | $629,000 | −$254,000 |
| Capital spending | −$1.1m | −$1.6m | −$816,000 | −$985,000 | −$1.0m | −$256,000 | −$18,000 |
| Free cash flow | −$34.6m | −$36.3m | −$53.5m | −$55.5m | −$133.9m | $373,000 | −$272,000 |
| Dividends paid | — | — | — | — | −$317,000 | — | — |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $21.8m | $13.4m | $28.1m | $24.0m | $19.3m | $20.1m | $13.0m | $10.1m |
| Gross profit | −$2.2m | −$1.2m | $6.9m | $1.6m | −$3.9m | −$3.4m | −$3.8m | −$4.3m |
| Operating income | −$22.6m | $36.7m | −$3.7m | −$7.7m | −$14.7m | −$4.3m | −$13.4m | −$15.0m |
| Net income | −$27.1m | $32.6m | −$33.7m | −$23.9m | −$15.4m | −$3.8m | −$12.2m | −$15.4m |
| Diluted earnings per share | -1.69 | 2.03 | -2.23 | -1.58 | -1.02 | -0.25 | -0.96 | -1.20 |
| Cash from operations | $8.0m | −$12.0m | −$8.0m | −$14.0m | −$2.0m | −$8.0m | −$16.0m | −$2.0m |
| Total assets | $98.1m | $97.8m | $111.8m | $111.5m | $83.0m | $84.1m | $89.9m | $91.7m |
| Cash and short-term investments | $10.1m | $5.6m | $21.1m | $24.4m | $3.5m | $5.9m | $11.2m | $8.3m |
| Debt | $23.2m | $23.0m | $32.5m | $17.1m | $11.4m | $10.8m | $10.2m | $872,000 |
| Shareholders' equity | −$30.3m | −$6.1m | −$40.3m | −$13.7m | $9.0m | $15.5m | $19.0m | $30.4m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -6.8% | -11.9% | — |
| Operating income | -11.8% | 32.1% | — |
| Net income | -8.3% | 37.0% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | -7.8% | -7.7% | -6.9% | — |
| Operating margin | -82.3% | -68.3% | -48.6% | — |
| Net margin | -85.4% | -69.4% | -46.5% | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Price to earnings | -2.1 | -1.4 | -1.7 | -1.0 | -2.4 |
| Price to sales | 1.7 | 1.5 | 0.7 | 0.8 | 0.9 |
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Return | 231% | -61% | -11% | -65% | -51% |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years.
- 10-to-1 reverse split · 2 Dec 2024
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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