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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
$2.6m
FY2014FY2022
Net income
−$44.4m
FY2014FY2022
Free cash flow
−$42.4m
FY2014FY2022
Shareholders' equity
−$19.1m
FY2014FY2022
Income statement
Fiscal years
| FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.6m | $1.9m | $1.7m | $3.0m | $22.1m | $6.0m | $18.7m | $109.1m | $165.0m |
| Research and development | $32.4m | $31.6m | $26.8m | $27.1m | $19.8m | $20.8m | $119.6m | $199.1m | $143.6m |
| Operating income | −$44.8m | −$45.1m | −$38.5m | −$45.7m | −$11.9m | −$36.4m | −$143.1m | −$127.1m | −$7.9m |
| Net income | −$44.4m | −$45.3m | −$40.5m | −$47.1m | −$11.3m | −$41.8m | −$30.1m | −$128.4m | −$17.4m |
| Diluted earnings per share | -0.50 | -0.53 | -0.67 | -0.83 | -0.20 | -0.82 | -0.61 | -2.62 | -0.36 |
Balance sheet
At each fiscal year end
| FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | |
|---|---|---|---|---|---|---|---|---|---|
| Total assets | $42.2m | $84.8m | $39.3m | $49.0m | $60.2m | $59.4m | $125.7m | $288.8m | $369.1m |
| Cash and short-term investments | $38.3m | $80.7m | $34.1m | $42.4m | $58.6m | $57.6m | $92.1m | $245.2m | $332.7m |
| Total liabilities | $61.2m | $63.2m | $62.3m | $41.3m | $7.8m | $11.6m | $43.2m | $190.3m | $159.7m |
| Debt | $917,000 | $1.4m | $23.5m | $2.3m | — | $6.0m | $19.6m | $20.0m | — |
| Shareholders' equity | −$19.1m | $21.6m | −$23.0m | $7.7m | $52.5m | $47.7m | $82.5m | $98.6m | $209.5m |
| Shares outstanding | 89m | 86m | 60m | 57m | 55m | 51m | 50m | 49m | 49m |
Cash flow
Fiscal years
| FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | |
|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −$42.4m | −$40.6m | −$35.7m | −$41.5m | −$4.7m | −$36.7m | −$154.4m | −$83.7m | $117.7m |
| Capital spending | −$17,000 | −$11,000 | −$43,000 | −$2.3m | — | — | −$700,000 | −$6.4m | −$1.4m |
| Free cash flow | −$42.4m | −$40.6m | −$35.8m | −$43.9m | −$4.7m | −$36.7m | −$155.1m | −$90.1m | $116.3m |
Latest quarters
By quarter end
| Jun 2023 | Mar 2023 | Dec 2022 | Sept 2022 | Jun 2022 | Mar 2022 | Dec 2021 | Sept 2021 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $583,000 | $731,000 | $543,000 | $712,000 | $700,000 | $700,000 | $500,000 | $400,000 |
| Operating income | −$10.1m | −$11.5m | −$9.5m | −$10.9m | −$12.0m | −$12.4m | −$11.5m | −$10.8m |
| Net income | −$10.0m | −$11.0m | −$9.2m | −$10.7m | −$12.0m | −$12.4m | −$11.7m | −$10.7m |
| Diluted earnings per share | -0.11 | -0.12 | -0.10 | -0.12 | -0.13 | -0.14 | -0.13 | -0.12 |
| Cash from operations | −$8.0m | −$12.0m | −$8.0m | −$9.0m | — | — | — | — |
| Total assets | $21.2m | $30.0m | $42.2m | $51.6m | $61.9m | $72.6m | $84.8m | $94.6m |
| Cash and short-term investments | $17.7m | $25.7m | $38.3m | $47.2m | $56.6m | $67.1m | $80.7m | $90.1m |
| Debt | $633,000 | $613,000 | $593,000 | $574,000 | — | — | — | — |
| Shareholders' equity | −$37.4m | −$28.3m | −$19.1m | −$10.9m | −$1.1m | $10.0m | $21.6m | $32.1m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -5.3% | -15.4% | -25.2% |
| Operating income | -0.6% | 4.3% | -7.7% |
| Net income | -1.9% | 1.2% | -1.9% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | -2020.4% | -1888.4% | -595.9% | — |
| Net margin | -2013.7% | -1921.9% | -617.1% | — |
Valuation history
At each fiscal year end
| FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2014 | FY2013 | FY2012 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -0.0 | -0.0 | -0.0 | -0.0 | -0.0 | -0.0 | -0.0 | -0.1 | -0.0 | -0.0 |
| Price to sales | 0.2 | 0.8 | 0.6 | 0.1 | 0.0 | 0.1 | 0.0 | 0.0 | — | 0.0 |
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Return | 100% | -94% | -87% | -70% | 25% | 90% | 3% | 8% | 33% | -35% |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years.
- 4-to-1 reverse split · 13 Sept 2006
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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