L 
2.53
+5.86%
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.
Net income
−$165.7m
FY2016FY2025
Free cash flow
−$113.3m
FY2016FY2025
Shareholders' equity
$78.1m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit | −$350,000 | −$318,000 | −$311,000 | −$272,000 | −$326,000 | −$155,000 | −$78,000 | −$261,000 | −$188,000 | −$212,000 |
| Research and development | $154.2m | $73.3m | $27.7m | $24.3m | $38.4m | $31.4m | $20.8m | $49.5m | $41.7m | $39.8m |
| Operating income | −$172.5m | −$90.9m | −$41.8m | −$36.5m | −$50.5m | −$42.8m | −$23.2m | −$62.7m | −$53.9m | −$57.1m |
| Net income | −$165.7m | −$80.6m | −$36.9m | −$34.2m | −$50.3m | −$42.3m | −$23.1m | −$61.4m | −$52.0m | −$57.9m |
| Diluted earnings per share | -1.94 | -1.26 | -0.84 | -1.42 | -2.74 | -2.65 | -7.43 | -19.04 | -18.97 | -21.20 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $145.8m | $200.2m | $95.9m | $126.4m | $78.7m | $104.7m | $5.2m | $121.8m | $105.5m | $131.6m |
| Cash and short-term investments | $136.9m | $183.5m | $86.8m | $118.4m | $70.1m | $92.6m | $1.0m | $118.1m | $102.1m | $129.2m |
| Total liabilities | $67.8m | $28.4m | $14.2m | $15.5m | $14.3m | $15.0m | $5.9m | $28.5m | $27.3m | $9.9m |
| Debt | $1.1m | — | — | — | — | — | $15.7m | $20.6m | $20.0m | $3.6m |
| Shareholders' equity | $78.1m | $171.8m | $81.7m | $110.9m | $64.4m | $89.7m | −$694,000 | $93.3m | $78.2m | $121.7m |
| Shares outstanding | 85m | 64m | 44m | 24m | 18m | 16m | 3m | 3m | 3m | 3m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −$113.2m | −$70.8m | −$33.5m | −$27.6m | −$42.1m | −$42.2m | −$22.7m | −$51.5m | −$43.8m | −$52.0m |
| Capital spending | −$91,000 | −$515,000 | −$163,999 | −$100,000 | −$333,000 | −$62,000 | −$83,000 | −$108,000 | −$55,000 | −$660,000 |
| Free cash flow | −$113.3m | −$71.3m | −$33.6m | −$27.7m | −$42.4m | −$42.3m | −$22.8m | −$51.6m | −$43.8m | −$52.6m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | — | — | — | — | — | $482,000 | — |
| Gross profit | — | — | −$87,000 | — | −$87,000 | −$88,000 | $241,000 | −$74,000 |
| Operating income | −$34.4m | −$31.1m | −$64.0m | −$49.5m | −$27.8m | −$31.2m | −$31.3m | −$18.3m |
| Net income | −$32.8m | −$29.6m | −$62.5m | −$47.7m | −$26.2m | −$29.3m | −$28.8m | −$15.5m |
| Diluted earnings per share | -0.32 | -0.29 | -0.73 | -0.56 | -0.31 | -0.34 | -0.45 | -0.24 |
| Cash from operations | −$44.0m | −$44.0m | −$38.0m | −$28.0m | −$19.0m | −$26.0m | −$21.0m | −$24.0m |
| Total assets | $165.3m | $208.5m | $145.8m | $187.3m | $150.0m | $170.2m | $200.2m | $219.0m |
| Cash and short-term investments | $156.3m | $200.4m | $136.9m | $175.4m | $138.5m | $157.5m | $183.5m | $203.7m |
| Debt | $1.2m | $1.1m | $1.1m | $1.2m | $1.1m | $1.1m | $1.1m | $1.0m |
| Shareholders' equity | $127.4m | $158.0m | $78.1m | $139.0m | $119.9m | $144.3m | $171.8m | $198.4m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Operating income | 67.8% | 32.1% | 8.9% |
| Net income | 69.2% | 31.4% | 8.4% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -2.0 | -3.1 | -5.4 | -2.9 | -1.9 | -3.9 | -0.9 | -0.9 | -0.5 | -0.3 |
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Return | -18% | 6% | -22% | 1% | -50% | 120% | -75% | 117% | 24% | 4% |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years.
- 12-to-1 reverse split · 29 May 2020
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.