I 
1.68
+12.00%
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
−$48.3m
FY2016FY2025
Free cash flow
−$27.8m
FY2016FY2025
Shareholders' equity
$172.9m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | — | — | $260,500 | $123,440 | $3.1m | $698,468 | $1.1m | $4.0m | $2.1m | $967,386 |
| Research and development | $29.8m | $17.2m | $13.6m | $12.0m | $11.4m | $893,802 | $2.6m | $3.6m | $1.8m | $846,386 |
| Operating income | −$52.0m | −$28.6m | −$20.1m | −$18.1m | −$14.8m | −$2.8m | −$5.7m | −$2.1m | −$405,130 | −$613,288 |
| Net income | −$48.3m | −$27.5m | −$19.0m | −$18.1m | −$14.8m | −$2.9m | −$5.7m | −$2.2m | −$436,075 | −$628,737 |
| Diluted earnings per share | -0.51 | -1.69 | -3.08 | -4.29 | -3.52 | -2.08 | -4.22 | -1.25 | -0.25 | -0.48 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $181.2m | $98.6m | $14.5m | $24.9m | $42.5m | $14.8m | $38,254 | $2.8m | $285,167 | $162,927 |
| Cash and short-term investments | $178.8m | $97.5m | $13.3m | $23.1m | $40.8m | $14.0m | $18,457 | $379,557 | $16,665 | $12,036 |
| Total liabilities | $8.3m | $3.7m | $3.5m | $3.9m | $4.1m | $5.0m | $4.5m | $3.6m | $1.7m | $1.5m |
| Debt | — | — | — | — | $250,000 | $320,000 | $370,000 | $230,000 | $460,000 | $330,000 |
| Shareholders' equity | $172.9m | $94.9m | $11.0m | $21.0m | $38.4m | $9.8m | −$4.5m | −$777,965 | −$1.4m | −$1.4m |
| Shares outstanding | 94m | 16m | 6m | 4m | 4m | 1m | 1m | 2m | 2m | 1m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −$27.8m | −$19.1m | −$18.1m | −$17.4m | −$14.3m | −$1.1m | −$338,290 | $714,987 | −$126,391 | −$29,573 |
| Capital spending | −$13,396 | — | −$14,238 | −$243,255 | −$1 | — | — | — | — | — |
| Free cash flow | −$27.8m | −$19.1m | −$18.1m | −$17.6m | −$14.3m | −$1.1m | −$338,290 | $714,987 | −$126,391 | −$29,573 |
| Dividends paid | — | — | — | — | −$77,652 | — | — | — | — | — |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | — | — | — | — | — | $26,274 | — |
| Operating income | −$21.1m | −$18.2m | −$13.8m | −$12.8m | −$10.8m | −$14.6m | −$12.9m | −$5.8m |
| Net income | −$19.6m | −$16.4m | −$12.7m | −$11.9m | −$9.9m | −$13.7m | −$12.1m | −$5.8m |
| Diluted earnings per share | -0.11 | -0.09 | -0.14 | -0.13 | -0.11 | -0.15 | -0.74 | -0.35 |
| Cash from operations | −$12.0m | −$12.0m | −$7.0m | −$10.0m | −$5.0m | −$4.0m | −$5.0m | −$4.0m |
| Total assets | $163.6m | $173.3m | $181.2m | $79.6m | $88.9m | $94.3m | $98.6m | $4.4m |
| Cash and short-term investments | $159.0m | $170.4m | $178.8m | $77.3m | $87.7m | $93.2m | $97.5m | $3.2m |
| Debt | — | — | — | — | $37,944 | $74,772 | $110,517 | $216,872 |
| Shareholders' equity | $153.3m | $167.6m | $172.9m | $72.9m | $80.1m | $85.7m | $94.9m | −$530,591 |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Operating income | 42.1% | 79.1% | — |
| Net income | 38.8% | 75.8% | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Price to earnings | -4.1 | -1.9 | -0.4 | -0.7 | -1.5 | -11.7 |
| Price to sales | — | — | 30.2 | 102.2 | 7.1 | 48.4 |
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Return | -54% | 164% | -55% | -46% | -84% |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years.
- 6-to-1 reverse split · 30 Jun 2023
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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