N
32.03
+4.57%
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
$33.6m
FY2016FY2025
Net income
−$27.2m
FY2016FY2025
Free cash flow
−$38.5m
FY2016FY2025
Shareholders' equity
−$95.8m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $33.6m | −$8.2m | $41.1m | $5.4m | $3.0m | $2.6m | $2.9m | $3.9m | $4.2m | $6.1m |
| Gross profit | $33.6m | −$8.2m | $41.1m | $5.4m | $3.0m | $2.6m | $2.9m | $3.9m | $4.2m | $6.1m |
| Research and development | $26.2m | $46.0m | $43.5m | $37.0m | $34.4m | $27.6m | $34.5m | $23.7m | $20.1m | $19.2m |
| Operating income | −$15.9m | −$77.6m | −$27.5m | −$51.8m | −$59.6m | −$41.3m | −$53.0m | −$34.1m | −$29.6m | −$24.8m |
| Net income | −$27.2m | −$77.3m | −$45.0m | −$64.7m | −$53.3m | −$38.1m | −$57.7m | −$34.4m | −$29.6m | −$24.8m |
| Diluted earnings per share | -0.57 | -1.63 | -0.96 | -1.86 | -1.53 | -1.11 | -2.58 | -1.75 | -1.57 | -1.59 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $76.8m | $76.5m | $106.5m | $67.8m | $115.4m | $152.0m | $63.7m | $52.4m | $65.2m | $34.5m |
| Cash and short-term investments | $59.8m | $56.4m | $85.4m | $46.9m | $95.5m | $135.1m | $39.8m | $41.1m | $53.5m | $23.9m |
| Total liabilities | $172.6m | $151.0m | $108.6m | $98.4m | $85.0m | $72.1m | $65.9m | $36.2m | $15.4m | $14.7m |
| Debt | $108.1m | $57.7m | $57.3m | $60.3m | $52.2m | $55.5m | $50.5m | $23.3m | $5.4m | $6.4m |
| Shareholders' equity | −$95.8m | −$74.5m | −$2.1m | −$30.7m | $30.4m | $79.9m | −$2.2m | $16.2m | $49.8m | $19.7m |
| Shares outstanding | 48m | 47m | 47m | 35m | 35m | 34m | 22m | 20m | 19m | 16m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −$37.9m | −$22.2m | −$14.1m | −$42.1m | −$33.9m | −$31.2m | −$46.7m | −$29.5m | −$23.8m | −$20.7m |
| Capital spending | −$619,180 | −$959,389 | −$371,962 | −$104,331 | −$258,559 | −$108,867 | −$1.2m | −$471,756 | −$1.5m | −$453,726 |
| Free cash flow | −$38.5m | −$23.1m | −$14.5m | −$42.2m | −$34.1m | −$31.3m | −$47.9m | −$29.9m | −$25.3m | −$21.2m |
Latest quarters
By quarter end
| Jun 2026 | Dec 2025 | Jun 2025 | Mar 2025 | Jun 2024 | Mar 2024 | Sept 2023 | Jun 2023 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $4.2m | $3.4m | $30.2m | −$18.7m | $10.5m | $37.3m | $18.7m | $3.7m |
| Gross profit | — | $3.4m | $30.2m | −$18.7m | $10.5m | $37.3m | $18.7m | $3.7m |
| Operating income | −$22.8m | −$13.2m | $916,295 | −$50.7m | −$26.8m | −$1.6m | $645,829 | −$28.8m |
| Net income | −$39.4m | −$21.1m | −$6.1m | −$52.5m | −$24.8m | −$13.2m | −$6.6m | −$31.9m |
| Diluted earnings per share | -0.81 | -0.44 | -0.13 | -1.10 | -0.52 | -0.28 | -0.14 | -0.68 |
| Cash from operations | −$25.0m | −$18.0m | −$19.0m | −$15.0m | −$6.0m | $5.0m | $2.0m | −$19.0m |
| Total assets | $145.5m | $76.8m | $51.2m | $76.5m | $98.3m | $106.5m | $106.5m | $45.8m |
| Cash and short-term investments | $125.7m | $59.8m | $32.7m | $56.4m | $75.2m | $85.4m | $85.4m | $24.5m |
| Debt | $36.3m | $106.0m | $55.4m | $5.6m | $51.9m | $5.7m | $5.7m | $56.6m |
| Shareholders' equity | −$37.8m | −$95.8m | −$78.2m | −$74.5m | −$24.7m | −$2.1m | −$2.1m | −$61.0m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 83.8% | 66.4% | 22.1% |
| Operating income | -32.5% | -17.3% | -2.0% |
| Net income | -25.1% | -6.5% | 3.5% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 100.0% | 100.0% | 100.0% | 100.0% |
| Operating margin | -367.2% | -240.2% | -352.9% | -437.7% |
| Net margin | -410.2% | -297.7% | -393.8% | -474.6% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Price to earnings | -40.7 | -1.8 | -7.6 | -1.2 | -3.2 | -8.9 |
| Price to sales | 32.9 | -16.7 | 8.3 | 14.2 | 56.4 | 129.3 |
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Return | 528% | -43% | 175% | -52% | -54% | 0% |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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