K 
0.04
-27.14%
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
$146.1m
FY2016FY2025
Net income
−$196.0m
FY2016FY2025
Free cash flow
−$75.4m
FY2016FY2025
Shareholders' equity
−$292.9m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $146.1m | $145.2m | $146.0m | $157.1m | $209.8m | $108.1m | $40.9m | $30.3m | $1.6m | $154,000 |
| Research and development | $125.6m | $143.2m | $138.8m | $148.7m | $160.8m | $150.8m | $122.3m | $161.4m | $107.3m | $86.9m |
| Operating income | −$90.7m | −$46.3m | −$129.0m | −$142.3m | −$98.3m | −$171.6m | −$189.3m | −$179.9m | −$130.5m | −$110.7m |
| Net income | −$196.0m | −$76.4m | −$143.1m | −$165.3m | −$124.1m | −$196.3m | −$199.6m | −$178.4m | −$129.0m | −$109.6m |
| Diluted earnings per share | -10.76 | -9.11 | -18.70 | -27.57 | -21.43 | -2.66 | -3.12 | -2.94 | -39.77 | -39.72 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $108.4m | $164.4m | $240.4m | $358.2m | $305.3m | $313.1m | $295.0m | $341.2m | $180.3m | $180.4m |
| Cash and short-term investments | $63.7m | $108.7m | $191.4m | $278.0m | $228.6m | $273.5m | $264.0m | $328.2m | $146.5m | $129.6m |
| Total liabilities | $401.3m | $350.4m | $376.6m | $374.8m | $385.0m | $262.5m | $245.2m | $158.0m | $50.8m | $18.1m |
| Debt | $227.9m | $260.9m | $303.4m | $302.8m | $302.3m | $191.0m | $183.4m | $102.7m | — | — |
| Shareholders' equity | −$292.9m | −$186.0m | −$136.2m | −$16.7m | −$79.7m | $50.5m | $49.8m | $183.2m | $129.5m | $162.2m |
| Shares outstanding | 18m | 8m | 8m | 6m | 6m | 74m | 64m | 61m | 3m | 3m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −$75.4m | −$127.5m | −$92.7m | −$149.6m | −$107.1m | −$160.2m | −$190.8m | −$159.1m | −$73.7m | −$84.4m |
| Capital spending | — | −$142,000 | — | −$118,000 | −$5.7m | −$145,000 | −$206,000 | −$2.4m | −$62,000 | −$70,000 |
| Free cash flow | −$75.4m | −$127.6m | −$92.7m | −$149.7m | −$112.8m | −$160.4m | −$191.0m | −$161.5m | −$73.8m | −$84.5m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $33.4m | $35.1m | $34.1m | $44.0m | $37.9m | $30.0m | $30.5m | $38.8m |
| Operating income | −$22.5m | −$26.8m | −$17.8m | −$22.6m | −$26.0m | −$33.3m | −$31.3m | −$22.5m |
| Net income | −$67.0m | −$22.4m | −$102.2m | −$33.1m | −$37.3m | −$23.5m | −$30.8m | −$32.1m |
| Diluted earnings per share | -2.32 | -0.77 | -5.61 | -1.82 | -2.05 | -1.29 | -3.67 | -3.82 |
| Cash from operations | −$24.0m | −$22.0m | −$11.0m | −$5.0m | −$18.0m | −$38.0m | −$25.0m | −$19.0m |
| Total assets | $111.3m | $131.4m | $108.4m | $96.2m | $104.9m | $127.7m | $164.4m | $189.5m |
| Cash and short-term investments | $65.1m | $90.8m | $63.7m | $45.9m | $51.7m | $69.9m | $108.7m | $133.5m |
| Debt | $1.1m | $225.4m | $227.9m | $190.4m | $184.4m | $180.2m | $187.8m | $194.3m |
| Shareholders' equity | −$330.2m | −$265.6m | −$292.9m | −$269.3m | −$238.9m | −$205.9m | −$186.0m | −$159.6m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -2.4% | 6.2% | 89.1% |
| Operating income | -13.9% | -12.0% | -2.7% |
| Net income | 5.9% | -0.0% | 5.2% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | -47.0% | -68.7% | -74.3% | -142.8% |
| Net margin | -93.5% | -97.7% | -98.8% | -166.0% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -0.2 | -0.3 | -0.2 | -0.5 | -0.7 | -14.4 | -15.2 | -4.5 | -0.3 | -0.3 |
| Price to sales | 0.3 | 0.2 | 0.2 | 0.5 | 0.4 | 26.1 | 74.2 | 26.3 | 27.1 | 235.6 |
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Return | -36% | -16% | -74% | -22% | -61% | -11% | 266% | -3% | -3% | -29% |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years.
- 15-to-1 reverse split · 26 Feb 2025
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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