I 
7.96
+2.71%
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
−$97.2m
FY2016FY2025
Free cash flow
−$86.0m
FY2016FY2025
Shareholders' equity
−$6.7m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | — | — | — | — | — | — | — | — | — | $6,000 |
| Gross profit | −$168,000 | −$134,000 | −$111,000 | −$77,000 | −$85,000 | −$39,000 | −$50,000 | −$15,000 | −$998,000 | $5,794 |
| Research and development | $82.0m | $80.0m | $83.2m | $71.3m | $61.1m | $38.6m | $22.5m | $24.8m | $39.3m | $30.0m |
| Operating income | −$103.2m | −$98.1m | −$99.2m | −$119.5m | −$91.7m | −$49.0m | −$37.0m | −$42.0m | −$52.7m | −$41.3m |
| Net income | −$97.2m | −$100.5m | −$93.6m | −$120.4m | −$92.8m | −$44.0m | −$34.8m | −$41.5m | −$52.1m | −$41.0m |
| Diluted earnings per share | -8.07 | -11.15 | -20.97 | -34.72 | -35.24 | -20.79 | -33.96 | -489.67 | -49.31 | -51.08 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $24.1m | $40.9m | $54.3m | $127.8m | $139.1m | $167.9m | $66.0m | $15.0m | $60.4m | $64.0m |
| Cash and short-term investments | $15.5m | $35.7m | $46.7m | $116.4m | $86.9m | $127.5m | $29.4m | $13.3m | $56.9m | $60.0m |
| Total liabilities | $30.7m | $22.4m | $25.4m | $14.1m | $12.0m | $9.1m | $7.6m | $2.6m | $10.3m | $5.6m |
| Debt | $684,000 | $1.0m | $1.3m | $1.6m | $992,000 | $976,000 | $520,000 | $37.2m | — | — |
| Shareholders' equity | −$6.7m | $18.4m | $28.9m | $113.7m | $127.1m | $158.8m | $58.4m | $12.4m | $50.0m | $58.4m |
| Shares outstanding | 12m | 9m | 4m | 3m | 3m | 2m | 1m | 0m | 1m | 1m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −$85.8m | −$84.8m | −$70.8m | −$65.1m | −$83.2m | −$46.1m | −$28.5m | −$43.2m | −$40.4m | −$35.8m |
| Capital spending | −$161,000 | −$264,000 | −$334,000 | −$112,000 | −$67,000 | −$146,000 | −$55,000 | −$597,000 | −$685,000 | −$556,000 |
| Free cash flow | −$86.0m | −$85.0m | −$71.2m | −$65.3m | −$83.3m | −$46.3m | −$28.6m | −$43.8m | −$41.1m | −$36.3m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | — | — | — | — | — | $114,000 | — |
| Gross profit | — | −$33,000 | −$42,000 | — | −$43,000 | −$43,000 | −$35,000 | −$42,000 |
| Operating income | −$35.3m | −$33.2m | −$23.3m | −$26.0m | −$27.1m | −$26.8m | −$25.6m | −$25.7m |
| Net income | −$34.1m | −$32.6m | −$19.3m | −$25.6m | −$26.8m | −$25.5m | −$25.2m | −$24.4m |
| Diluted earnings per share | -0.80 | -0.77 | -1.60 | -2.12 | -2.23 | -2.12 | -2.79 | -2.70 |
| Cash from operations | −$30.0m | −$17.0m | −$19.0m | −$20.0m | −$24.0m | −$21.0m | −$22.0m | −$20.0m |
| Total assets | $159.2m | $189.7m | $24.1m | $40.7m | $61.4m | $20.5m | $40.9m | $64.8m |
| Cash and short-term investments | $155.1m | $186.6m | $15.5m | $35.1m | $55.3m | $14.3m | $35.7m | $59.1m |
| Debt | $239,000 | $275,000 | $470,000 | $666,000 | $774,000 | $765,000 | $740,000 | $713,000 |
| Shareholders' equity | $127.6m | $151.2m | −$6.7m | $10.5m | $33.9m | −$5.3m | $18.4m | $41.2m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Operating income | -4.8% | 16.1% | 7.1% |
| Net income | -6.9% | 17.2% | 6.4% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -0.7 | -0.9 | -0.7 | -0.4 | -0.3 | -0.9 | -0.3 | -0.0 | -5.8 | -4.1 |
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Return | -45% | -24% | 19% | -3% | -46% | 118% | 3% | -97% | 29% | -55% |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years.
- 10-to-1 reverse split · 27 Apr 2026
- 40-to-1 reverse split · 15 Apr 2019
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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