I 
0.22
+6.48%
Close of 9 Nov 2026, in USD
Search any instrument
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
$55.1m
FY2018FY2025
Net income
−$67.8m
FY2018FY2025
Free cash flow
−$52.0m
FY2018FY2025
Shareholders' equity
$77.7m
FY2018FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $55.1m | $24.3m | $20.9m | $6.0m | $5.5m | −$9.4m | $1.6m | $62,000 |
| Research and development | $56.5m | $73.8m | $92.7m | $95.1m | $93.3m | $57.0m | $59.4m | $48.3m |
| Operating income | −$67.7m | −$101.9m | −$132.6m | −$133.3m | −$157.7m | −$82.0m | −$69.5m | −$56.3m |
| Net income | −$67.8m | −$94.8m | −$123.5m | −$126.9m | −$153.6m | −$81.5m | −$67.3m | −$56.4m |
| Diluted earnings per share | -0.32 | -0.43 | -0.75 | -0.94 | -1.14 | -0.63 | -4.25 | -3.76 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Total assets | $138.5m | $132.0m | $219.2m | $255.4m | $327.2m | $72.6m | $123.9m | $30.7m |
| Cash and short-term investments | $72.1m | $67.9m | $145.4m | $178.1m | $265.7m | $50.0m | $107.5m | $18.6m |
| Total liabilities | $60.7m | $53.1m | $65.9m | $63.4m | $28.4m | $296.3m | $269.6m | $23.5m |
| Debt | $5.9m | — | — | — | — | $2.5m | $2.6m | $9.1m |
| Shareholders' equity | $77.7m | $78.9m | $153.3m | $192.0m | $298.8m | −$223.7m | −$145.7m | $7.2m |
| Shares outstanding | 210m | 221m | 165m | 135m | 134m | 130m | 16m | 15m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | −$47.8m | −$77.0m | −$93.1m | −$93.4m | −$82.5m | −$61.9m | −$69.2m | −$39.4m |
| Capital spending | −$4.3m | −$4.4m | −$6.6m | −$22.6m | −$3.8m | −$5.1m | −$5.8m | −$6.9m |
| Free cash flow | −$52.0m | −$81.4m | −$99.6m | −$116.0m | −$86.3m | −$67.1m | −$75.1m | −$46.2m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $18.1m | $7.1m | $12.7m | $15.3m | $9.7m | $17.4m | $6.0m | $4.5m |
| Operating income | −$18.4m | −$26.5m | −$20.9m | −$15.8m | −$17.0m | −$14.0m | −$19.2m | −$26.2m |
| Net income | −$18.5m | −$26.2m | −$21.3m | −$15.4m | −$18.5m | −$12.6m | −$18.6m | −$24.9m |
| Diluted earnings per share | -0.08 | -0.12 | -0.10 | -0.07 | -0.09 | -0.06 | -0.08 | -0.11 |
| Cash from operations | −$14.0m | −$14.0m | −$8.0m | −$13.0m | −$6.0m | −$18.0m | −$17.0m | −$16.0m |
| Capital spending | — | −$1.0m | −$1.0m | — | −$1.0m | −$1.0m | −$1.0m | −$1.0m |
| Free cash flow | — | −$15.0m | −$9.0m | — | −$7.0m | −$19.0m | −$18.0m | −$17.0m |
| Total assets | $119.7m | $122.2m | $138.5m | $151.1m | $151.1m | $157.1m | $132.0m | $144.4m |
| Cash and short-term investments | $48.4m | $60.1m | $72.1m | $74.4m | $79.4m | $85.4m | $67.9m | $87.7m |
| Debt | $6.4m | $6.0m | $5.9m | $5.7m | $5.6m | $4.3m | $4.3m | $4.2m |
| Shareholders' equity | $48.7m | $59.7m | $77.7m | $89.7m | $93.1m | $107.8m | $78.9m | $92.6m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 109.1% | — | — |
| Operating income | -20.2% | -3.7% | — |
| Net income | -18.9% | -3.6% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | -213.8% | -409.9% | -659.7% | — |
| Net margin | -204.8% | -388.6% | -633.0% | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Price to earnings | -2.6 | -3.9 | -3.4 | -4.2 | -5.5 | -22.8 |
| Price to sales | 3.3 | 15.3 | 20.0 | 88.2 | 155.7 | -198.1 |
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Return | -1% | -57% | -35% | -28% | -58% | 38% |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
Nothing here is investment advice. Prices can be delayed or wrong, so check with the exchange before relying on them. Data for this page. How we cover markets.