I 
3.80
+13.77%
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
$5.0m
FY2016FY2025
Net income
−$61.4m
FY2016FY2025
Free cash flow
−$62.1m
FY2016FY2025
Shareholders' equity
$143.6m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $5.0m | $3.8m | $3.5m | $170,369 | $3.9m | $7.5m | $139,782 | $2.6m | $4.2m | $175,052 |
| Research and development | $61.4m | $41.5m | $28.8m | $31.3m | $17.2m | $20.4m | $16.6m | $10.0m | $7.5m | $7.1m |
| Operating income | −$126.4m | −$88.1m | −$77.7m | −$33.9m | −$31.7m | −$16.0m | −$20.4m | −$11.7m | −$9.4m | −$61.5m |
| Net income | −$61.4m | −$42.7m | −$39.9m | −$32.2m | −$29.9m | −$13.5m | −$16.3m | −$12.7m | −$9.4m | −$62.0m |
| Diluted earnings per share | -0.42 | -0.29 | -0.33 | -0.36 | -0.35 | -0.25 | -0.42 | -0.30 | -0.22 | -1.45 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $157.0m | $201.6m | $147.4m | $102.2m | $82.0m | $46.6m | $40.5m | $47.0m | $35.0m | $42.6m |
| Cash and short-term investments | $129.7m | $181.9m | $123.4m | $80.0m | $60.1m | $26.3m | $16.6m | $23.5m | $12.2m | $20.9m |
| Total liabilities | $13.3m | $12.1m | $11.0m | $8.1m | $8.8m | $13.3m | $16.2m | $13.5m | $8.4m | $7.2m |
| Debt | $1.3m | $1.2m | $1.0m | $2.3m | $2.9m | $8.9m | $7.6m | $6.6m | $5.8m | $5.0m |
| Shareholders' equity | $143.6m | $189.5m | $136.5m | $94.1m | $73.3m | $33.3m | $24.4m | $33.5m | $26.5m | $35.3m |
| Shares outstanding | 147m | 145m | 120m | 90m | 86m | 53m | 38m | 43m | 43m | 43m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −$62.0m | −$34.8m | −$35.9m | −$30.2m | −$17.6m | −$10.8m | −$15.3m | −$7.8m | −$8.5m | −$11.3m |
| Capital spending | −$45,769 | −$932,369 | −$47,000 | −$22,914 | −$15,601 | −$19,348 | −$41,434 | −$11,893 | −$6,644 | −$27,130 |
| Free cash flow | −$62.1m | −$35.8m | −$35.9m | −$30.3m | −$17.7m | −$10.9m | −$15.3m | −$7.8m | −$8.5m | −$11.3m |
Latest quarters
By quarter end
| Dec 2025 | Jun 2025 | Dec 2024 | Sept 2024 | Jun 2024 | Dec 2023 | Sept 2023 | Dec 2022 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $6.0m | $1.9m | $3.1m | $1.7m | $1.7m | $2.1m | $1.8m | $1.7m |
| Operating income | −$46.0m | −$74.7m | −$51.7m | −$44.5m | −$44.5m | −$43.6m | −$21.8m | −$23.1m |
| Net income | −$44.9m | −$39.1m | −$22.4m | −$21.5m | −$21.5m | −$21.2m | −$19.3m | −$20.6m |
| Diluted earnings per share | -0.30 | -0.27 | -0.15 | -0.15 | -0.15 | -0.18 | -0.16 | -0.23 |
| Cash from operations | −$28.0m | −$33.0m | −$28.0m | −$7.0m | −$16.0m | −$17.0m | −$17.0m | −$17.0m |
| Total assets | $147.2m | $157.0m | $182.3m | $201.6m | $201.6m | $123.8m | $147.4m | $86.0m |
| Cash and short-term investments | $99.1m | $129.7m | $159.3m | $181.9m | $181.9m | $103.7m | $123.4m | $68.4m |
| Debt | $260,004 | $1.3m | $1.3m | $233,619 | $1.2m | $1.1m | $185,205 | $917,559 |
| Shareholders' equity | $98.9m | $143.6m | $172.5m | $189.5m | $189.5m | $115.6m | $136.5m | $76.7m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 209.4% | -7.6% | 9.2% |
| Operating income | 55.0% | 51.2% | 24.7% |
| Net income | 24.0% | 35.5% | 6.7% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | -2414.3% | -2596.4% | -1563.5% | -1479.3% |
| Net margin | -1172.1% | -1403.1% | -918.5% | -1061.7% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -1.2 | -1.3 | -1.3 | -0.8 | -1.6 | -2.1 | -0.2 | -0.3 | -0.4 | -0.1 |
| Price to sales | 14.5 | 14.3 | 14.3 | 160.0 | 12.7 | 3.9 | 25.3 | 1.5 | 0.8 | 29.3 |
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Return | 21% | -11% | 26% | -42% | 12% | 531% | -19% | 28% | -35% | -40% |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years.
- 20-to-1 reverse split · 28 Sept 2026
- 3.3333-to-1 reverse split · 28 Dec 2016
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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