L 
4.84
+15.24%
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
−$19.6m
FY2016FY2025
Free cash flow
−$14.3m
FY2016FY2025
Shareholders' equity
$203.0m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | — | — | — | — | — | — | — | — | $175,446 | $760,577 |
| Gross profit | — | — | — | — | — | −$100,117 | −$89,623 | — | $68,355 | $304,012 |
| Research and development | $9.2m | $4.6m | $1.9m | $669,818 | $838,569 | $891,626 | $2.7m | $3.5m | $2.3m | $2.7m |
| Operating income | −$23.2m | −$13.1m | −$9.0m | −$7.8m | −$7.9m | −$9.2m | −$11.1m | −$20.3m | −$13.2m | −$7.6m |
| Net income | −$19.6m | −$11.8m | −$7.9m | −$7.2m | −$7.8m | −$14.4m | −$10.7m | −$15.7m | −$7.1m | −$6.3m |
| Diluted earnings per share | -0.59 | -0.81 | -0.62 | -0.63 | -0.96 | -3.56 | -3.24 | -5.43 | -4.43 | -8.33 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $203.8m | $41.0m | $29.4m | $29.5m | $25.0m | $21.8m | $19.6m | $26.3m | $6.9m | $6.8m |
| Cash and short-term investments | $201.9m | $40.0m | $28.6m | $28.9m | $24.7m | $21.5m | $18.0m | $24.6m | $4.5m | $3.6m |
| Total liabilities | $847,451 | $424,585 | $486,326 | $350,331 | $171,521 | $4.6m | $350,299 | $476,319 | $1.2m | $1.2m |
| Shareholders' equity | $203.0m | $40.5m | $28.9m | $29.1m | $24.8m | $17.2m | $19.2m | $25.9m | $5.8m | $5.6m |
| Shares outstanding | 33m | 14m | 13m | 11m | 8m | 4m | 3m | 3m | 2m | 1m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −$14.3m | −$9.5m | −$6.5m | −$6.8m | −$11.0m | −$8.6m | −$6.7m | −$7.4m | −$5.0m | −$6.0m |
| Capital spending | −$10,526 | −$4 | −$640 | −$6,642 | −$16,021 | −$210,436 | −$221,063 | −$209,729 | −$207,227 | −$209,871 |
| Free cash flow | −$14.3m | −$9.5m | −$6.5m | −$6.8m | −$11.1m | −$8.8m | −$6.9m | −$7.6m | −$5.2m | −$6.2m |
| Dividends paid | — | — | — | — | −$691.71bn | −$735.15bn | −$699.82bn | −$2.62trn | −$276.58bn | −$581.30bn |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Operating income | −$7.6m | −$7.7m | −$8.7m | −$5.2m | −$4.1m | −$5.1m | −$4.2m | −$3.0m |
| Net income | −$5.8m | −$6.3m | −$7.2m | −$4.1m | −$3.5m | −$4.8m | −$3.9m | −$2.7m |
| Diluted earnings per share | -0.18 | -0.20 | -0.22 | -0.12 | -0.11 | -0.14 | -0.27 | -0.18 |
| Cash from operations | −$3.0m | −$4.0m | −$6.0m | −$2.0m | −$2.0m | −$3.0m | −$3.0m | −$1.0m |
| Total assets | $240.6m | $218.9m | $203.8m | $155.1m | $99.0m | $58.3m | $41.0m | $27.6m |
| Cash and short-term investments | $237.5m | $215.7m | $201.9m | $153.3m | $97.9m | $56.9m | $40.0m | $26.6m |
| Shareholders' equity | $238.6m | $217.6m | $203.0m | $153.5m | $97.8m | $57.3m | $40.5m | $26.5m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Operating income | 43.9% | 20.3% | 13.4% |
| Net income | 39.5% | 6.3% | 16.3% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -21.6 | -5.8 | -5.2 | -6.2 | -6.9 | -1.2 | -1.4 | -1.2 | -3.3 | -1.6 |
| Price to sales | — | — | — | — | — | — | — | — | 133.8 | 13.7 |
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Return | 201% | 32% | -22% | -41% | 127% | -33% | -32% | -41% | -10% | -76% |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years.
- 12-to-1 reverse split · 21 Oct 2019
- 5-to-1 reverse split · 20 Jul 2016
- 30-to-1 reverse split · 29 Sept 2009
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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