H
0.71
-1.77%
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
$13.6m
FY2019FY2025
Net income
−$35.6m
FY2019FY2025
Free cash flow
−$29.1m
FY2019FY2025
Shareholders' equity
$41.0m
FY2019FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Revenue | $13.6m | $12.9m | $11.0m | $6.8m | $1.5m | $294,000 | — |
| Gross profit | $6.8m | $5.9m | $4.8m | $907,000 | −$1.2m | −$477,000 | — |
| Research and development | $17.5m | $22.5m | $22.5m | $28.2m | $25.8m | $14.6m | $13.4m |
| Operating income | −$37.1m | −$43.2m | −$48.1m | −$73.9m | −$64.9m | −$23.5m | −$20.0m |
| Net income | −$35.6m | −$40.7m | −$44.2m | −$73.2m | −$64.8m | −$23.4m | −$18.8m |
| Diluted earnings per share | -0.38 | -0.56 | -0.62 | -1.04 | -0.92 | -0.33 | -0.19 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Total assets | $55.3m | $58.9m | $94.2m | $134.1m | $202.5m | $71.5m | $30.6m |
| Cash and short-term investments | $35.1m | $37.6m | $75.2m | $118.2m | $188.5m | $62.7m | $26.4m |
| Total liabilities | $14.3m | $9.9m | $9.8m | $10.3m | $16.2m | $4.3m | $1.8m |
| Debt | $314,000 | $269,000 | $185,000 | — | $10.1m | $178,000 | — |
| Shareholders' equity | $41.0m | $49.0m | $84.4m | $123.7m | $186.2m | $67.2m | $28.8m |
| Shares outstanding | 94m | 73m | 72m | 71m | 70m | 70m | 100m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Cash from operations | −$27.9m | −$38.8m | −$41.8m | −$72.3m | −$47.2m | −$21.5m | −$18.4m |
| Capital spending | −$1.2m | −$383,000 | −$804,000 | −$585,000 | −$2.7m | −$1.6m | −$244,000 |
| Free cash flow | −$29.1m | −$39.2m | −$42.6m | −$72.9m | −$49.9m | −$23.1m | −$18.6m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $3.9m | $3.9m | $5.3m | $3.4m | $2.7m | $2.1m | $2.3m | $3.6m |
| Gross profit | $2.0m | $2.0m | $2.7m | $1.8m | $1.3m | $883,000 | $826,000 | $1.9m |
| Operating income | −$9.0m | −$8.6m | −$7.7m | −$8.9m | −$9.6m | −$10.9m | −$10.8m | −$11.0m |
| Net income | −$9.3m | −$8.6m | −$5.9m | −$11.0m | −$9.2m | −$9.4m | −$10.4m | −$10.3m |
| Diluted earnings per share | -0.09 | -0.09 | -0.06 | -0.12 | -0.10 | -0.10 | -0.14 | -0.14 |
| Cash from operations | −$7.0m | −$9.0m | −$5.0m | −$5.0m | −$7.0m | −$9.0m | −$8.0m | −$8.0m |
| Total assets | $63.0m | $60.3m | $55.3m | $41.5m | $45.2m | $53.4m | $58.9m | $69.4m |
| Cash and short-term investments | $43.5m | $40.8m | $35.1m | $21.6m | $25.4m | $33.1m | $37.6m | $45.8m |
| Debt | $13.4m | $13.4m | $248,000 | $182,000 | $238,000 | $263,000 | $269,000 | $113,000 |
| Shareholders' equity | $36.8m | $34.4m | $41.0m | $26.9m | $35.1m | $43.1m | $49.0m | $58.3m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 25.8% | 115.2% | — |
| Operating income | -20.5% | 9.6% | — |
| Net income | -21.4% | 8.8% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 47.8% | 41.3% | 36.2% | — |
| Operating margin | -303.6% | -456.7% | -630.6% | — |
| Net margin | -288.4% | -437.2% | -611.6% | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Price to earnings | -2.6 | -1.0 | -1.2 | -0.5 | -5.1 |
| Price to sales | 6.8 | 3.2 | 4.7 | 5.6 | 220.0 |
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Return | 88% | -23% | 55% | -93% | -0% |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years.
- 1-to-1 reverse split · 23 Dec 2021
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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