L 
0.95
-6.91%
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
—
FY2017FY2026
Net income
−$71.2m
FY2017FY2026
Free cash flow
−$9.1m
FY2017FY2026
Shareholders' equity
$41.6m
FY2017FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | — | — | $65.3m | $48.8m | $40.7m | $34.8m | $27.8m | $4.9m | $1.6m | $23.3m |
| Gross profit | — | −$368,000 | $65.3m | $48.8m | $40.7m | $33.4m | $25.1m | $650,000 | −$1.8m | $18.3m |
| Research and development | $122,000 | $3.9m | $16.6m | $52.5m | $85.6m | $69.4m | $34.1m | $32.3m | $17.0m | $7.2m |
| Operating income | −$12.3m | −$17.5m | $14.5m | −$36.8m | −$75.5m | −$60.4m | −$25.7m | −$46.3m | −$28.6m | $2.4m |
| Net income | −$71.2m | −$15.9m | $17.8m | −$31.8m | −$54.5m | −$41.3m | −$47.2m | −$16.8m | −$40.1m | $2.7m |
| Diluted earnings per share | -2.06 | -2.39 | 2.67 | -4.78 | -7.78 | -6.89 | -10.36 | -4.73 | -19.34 | 1.45 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $42.7m | $18.3m | $41.4m | $120.8m | $177.8m | $174.1m | $209.7m | $82.7m | $104.7m | $55.7m |
| Cash and short-term investments | $5.7m | $18.0m | $38.3m | $100.7m | $153.3m | $153.4m | $182.6m | $74.5m | $102.7m | $53.6m |
| Total liabilities | $1.1m | $1.4m | $8.4m | $96.2m | $125.4m | $124.6m | $132.7m | $34.7m | $54.2m | $4.9m |
| Debt | — | — | — | $12.7m | $9.6m | $8.3m | — | — | — | — |
| Shareholders' equity | $41.6m | $16.9m | $33.0m | $24.6m | $52.4m | $49.5m | $77.1m | $47.9m | $50.5m | $50.8m |
| Shares outstanding | 35m | 7m | 7m | 7m | 7m | 6m | 5m | 4m | 2m | 2m |
Cash flow
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −$9.1m | −$20.8m | −$50.5m | −$52.5m | −$48.7m | −$32.0m | $34.3m | −$29.4m | −$21.3m | $3.5m |
| Capital spending | — | — | −$7,000 | −$35,000 | −$479,000 | −$707,999 | −$890,000 | −$220,000 | — | −$50,000 |
| Free cash flow | −$9.1m | −$20.8m | −$50.5m | −$52.5m | −$49.2m | −$32.7m | $33.4m | −$29.6m | −$21.3m | $3.4m |
| Dividends paid | — | — | −$11.7m | — | — | — | — | — | — | — |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Gross profit | — | — | — | — | — | — | — | −$368,000 |
| Operating income | −$2.9m | −$2.8m | −$3.4m | −$3.7m | −$2.9m | −$2.8m | −$3.5m | −$8.4m |
| Net income | −$13.0m | −$23.7m | −$30.8m | −$3.6m | −$2.7m | −$2.6m | −$2.7m | −$8.0m |
| Diluted earnings per share | -0.38 | -0.68 | -4.62 | -0.55 | -0.40 | -0.39 | -0.40 | -1.20 |
| Cash from operations | −$1.0m | −$1.0m | −$1.0m | −$4.0m | −$2.0m | −$3.0m | −$3.0m | −$11.0m |
| Total assets | $42.7m | $57.8m | $82.9m | $113.3m | $18.3m | $20.8m | $24.4m | $27.8m |
| Cash and short-term investments | $5.7m | $7.5m | $8.8m | $10.1m | $18.0m | $20.5m | $23.7m | $26.9m |
| Shareholders' equity | $41.6m | $56.8m | $81.8m | $112.3m | $16.9m | $19.5m | $22.1m | $24.9m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Operating income | -30.6% | -27.3% | -5.2% |
| Net income | 30.7% | 11.5% | 13.1% |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -0.5 | -0.6 | 0.9 | -1.2 | -0.6 | -2.7 | -1.8 | -3.6 | -0.9 | 10.1 |
| Price to sales | — | — | 0.3 | 0.8 | 0.8 | 3.2 | 3.0 | 12.5 | 23.5 | 1.2 |
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Return | -46% | -60% | 27% | -70% | -17% | 55% | -9% | 2% | 41% | -14% |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 16 Nov 2023.
| FY2024 | |
|---|---|
| Paid in the year | 0.018 |
- 20-to-1 reverse split · 17 Apr 2023
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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