F 
3.72
+0.54%
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
—
FY2017FY2025
Net income
−$74.9m
FY2017FY2025
Free cash flow
−$60.4m
FY2017FY2025
Shareholders' equity
$349.0m
FY2017FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | — | $80.0m | $2.8m | $6.3m | $19.2m | $8.8m | $750,000 | — | — |
| Gross profit | −$1.4m | $16.6m | −$69.0m | −$70.4m | $19.2m | $8.8m | −$2.1m | −$1.3m | −$715,000 |
| Research and development | $56.1m | $63.4m | $71.8m | $76.8m | $69.7m | $59.0m | $71.1m | $25.2m | $18.5m |
| Operating income | −$84.8m | −$21.9m | −$110.7m | −$112.6m | −$81.1m | −$71.6m | −$84.2m | −$33.5m | −$23.0m |
| Net income | −$74.9m | −$9.7m | −$97.3m | −$109.9m | −$78.3m | −$68.4m | −$79.1m | −$32.6m | −$23.0m |
| Diluted earnings per share | -1.18 | -0.18 | -1.57 | -2.11 | -1.93 | -2.49 | -3.50 | -1.92 | -22.96 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Total assets | $366.3m | $260.7m | $257.7m | $226.7m | $235.0m | $129.6m | $110.4m | $85.8m | $4.3m |
| Cash and short-term investments | $352.3m | $241.0m | $236.2m | $202.9m | $218.2m | $112.9m | $96.7m | $72.8m | $407,000 |
| Total liabilities | $17.3m | $17.7m | $22.5m | $27.7m | $23.5m | $34.4m | $23.3m | $9.8m | $3.0m |
| Debt | $2.4m | — | — | — | — | — | $100,000 | — | — |
| Shareholders' equity | $349.0m | $243.0m | $235.2m | $198.9m | $211.5m | $95.2m | $87.2m | $76.0m | $1.3m |
| Shares outstanding | 63m | 54m | 62m | 52m | 41m | 28m | 23m | 17m | 1m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −$60.1m | −$2.2m | −$91.0m | −$97.0m | −$78.5m | −$53.7m | −$39.5m | −$22.6m | −$20.1m |
| Capital spending | −$314,000 | −$278,000 | −$508,000 | −$2.0m | −$1.7m | −$1.3m | −$853,000 | −$9.0m | −$1.9m |
| Free cash flow | −$60.4m | −$2.5m | −$91.5m | −$99.0m | −$80.2m | −$55.0m | −$40.3m | −$31.5m | −$22.0m |
| Dividends paid | — | — | — | — | — | −$68.5m | — | — | — |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Gross profit | −$216,000 | −$338,000 | $300,000 | −$14.3m | −$300,000 | −$13.4m | −$369,000 | −$14.6m |
| Operating income | −$19.9m | −$22.2m | −$22.7m | −$21.9m | −$19.8m | −$20.4m | −$19.4m | −$25.1m |
| Net income | −$26.2m | −$18.9m | −$20.3m | −$19.6m | −$17.3m | −$17.7m | −$16.6m | −$21.7m |
| Diluted earnings per share | -0.34 | -0.25 | -0.32 | -0.31 | -0.27 | -0.28 | -0.31 | -0.40 |
| Cash from operations | −$16.0m | −$18.0m | −$16.0m | −$14.0m | −$13.0m | −$15.0m | −$16.0m | −$19.0m |
| Total assets | $324.0m | $346.8m | $366.3m | $214.9m | $228.8m | $242.6m | $260.7m | $279.0m |
| Cash and short-term investments | $318.8m | $333.3m | $352.3m | $200.6m | $214.1m | $226.6m | $241.0m | $257.2m |
| Debt | $2.5m | $2.5m | $2.4m | $2.3m | $2.3m | $2.2m | $2.2m | $2.1m |
| Shareholders' equity | $310.7m | $333.3m | $349.0m | $198.4m | $214.4m | $228.5m | $243.0m | $257.3m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Operating income | -9.0% | 3.4% | — |
| Net income | -12.0% | 1.8% | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Price to earnings | -4.4 | -12.0 | -0.8 | -0.3 | -0.4 | -0.2 | -0.1 |
| Price to sales | — | 1.4 | 26.6 | 4.7 | 1.8 | 1.7 | 12.4 |
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|
| Return | 187% | 84% | 123% | -44% | 41% | 68% | 6% |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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