C 
14.00
-7.59%
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
−$29.0m
FY2016FY2025
Free cash flow
−$16.0m
FY2016FY2025
Shareholders' equity
$133.0m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | — | $43.0m | $287.0m | $571.0m | $2.08bn | $2.54bn | $1.46bn | $1.45bn | $1.10bn | — |
| Research and development | — | $26.0m | $152.0m | $194.0m | $208.0m | $222.0m | $74.0m | $11.1m | $28.0m | $2.0m |
| Operating income | −$31.0m | −$79.0m | −$328.0m | −$398.0m | −$367.0m | −$631.0m | −$144.0m | −$223.0m | −$147.0m | −$3.4m |
| Net income | −$29.0m | −$75.0m | −$317.0m | −$384.0m | −$361.0m | −$745.0m | −$129.0m | −$208.0m | −$207.0m | −$3.4m |
| Diluted earnings per share | -1.10 | -2.85 | -13.14 | -16.74 | -11.22 | -31.57 | -5.57 | -10.04 | -15.15 | -0.25 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $218.0m | $156.0m | $423.0m | $799.0m | $1.28bn | $2.40bn | $1.37bn | $82.9m | $26.2m | $2.0m |
| Cash and short-term investments | — | $149.0m | $382.0m | $719.0m | $1.16bn | $2.13bn | $1.04bn | $80.9m | $24.6m | $1.7m |
| Total liabilities | $7.0m | $5.0m | $206.0m | $322.0m | $465.0m | $1.37bn | $2.81bn | $2.48bn | $34.8m | $5.3m |
| Shareholders' equity | $133.0m | $151.0m | $217.0m | $477.0m | $818.0m | $1.03bn | −$1.44bn | −$2.40bn | −$8.6m | −$3.3m |
| Shares outstanding | 26m | 26m | 24m | 23m | 32m | 24m | 23m | 21m | 14m | 14m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −$16.0m | −$94.0m | −$341.0m | −$422.0m | −$951.0m | −$28.9m | −$38.8m | −$15.3m | $146.0m | −$2.4m |
| Capital spending | — | — | −$3.0m | −$2.0m | −$2.0m | −$2.0m | −$1.4m | −$614,000 | −$12.0m | −$232,000 |
| Free cash flow | −$16.0m | −$94.0m | −$344.0m | −$424.0m | −$953.0m | −$30.9m | −$40.2m | −$15.9m | $134.0m | −$2.6m |
Latest quarters
By quarter end
| Jun 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | Jun 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $33.6m | — | — | $33.8m | $32.3m | — | — | $7.0m |
| Operating income | −$200,000 | −$15.0m | −$3.0m | $10.3m | −$6.0m | −$4.0m | −$3.0m | −$19.0m |
| Net income | −$6.3m | −$14.0m | −$2.0m | $4.7m | −$4.0m | −$2.0m | −$1.0m | −$13.0m |
| Diluted earnings per share | -0.14 | -0.53 | -0.08 | 0.18 | -0.15 | -0.08 | -0.04 | -0.49 |
| Cash from operations | — | −$2.0m | −$26.0m | $8.0m | −$5.0m | −$2.0m | −$2.0m | −$15.0m |
| Capital spending | — | — | — | −$1.0m | −$2.0m | — | — | — |
| Free cash flow | — | — | — | $7.0m | −$7.0m | — | — | — |
| Total assets | $967.8m | $218.0m | $218.0m | $221.0m | $223.0m | $156.0m | $158.0m | $159.0m |
| Cash and short-term investments | — | — | — | — | $222.0m | $149.0m | $150.0m | $150.0m |
| Debt | $209.4m | — | — | — | — | — | — | — |
| Shareholders' equity | $291.8m | $133.0m | $141.0m | $142.0m | $145.0m | $151.0m | $153.0m | $154.0m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Operating income | -57.3% | -45.3% | -24.6% |
| Net income | -57.7% | -47.8% | -25.3% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Price to earnings | -6.9 | -2.5 | -0.5 | -0.9 | -8.3 | -17.3 | -23.3 | -18.6 |
| Price to sales | — | 4.3 | 0.5 | 0.6 | 1.4 | 5.1 | 2.1 | 2.7 |
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|
| Return | 16% | 12% | -62% | -83% | -87% | 402% | -13% | -23% |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years.
- 30-to-1 reverse split · 12 Apr 2023
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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