N 
0.23
-2.75%
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.
Revenue
$13.0m
FY2018FY2025
Net income
−$75.0m
FY2018FY2025
Free cash flow
−$45.0m
FY2018FY2025
Shareholders' equity
$139.7m
FY2018FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $13.0m | $11.3m | $9.9m | $8.6m | $1.3m | — | — | — |
| Research and development | $19.2m | $20.2m | $26.0m | $26.5m | $17.1m | $9.2m | $2.7m | $672,000 |
| Operating income | −$60.7m | −$56.7m | −$62.6m | −$109.7m | −$61.6m | −$43.9m | −$22.6m | −$1.9m |
| Net income | −$75.0m | −$53.5m | −$60.8m | −$105.2m | −$61.8m | −$43.5m | −$22.6m | −$1.9m |
| Diluted earnings per share | -1.12 | -0.84 | -1.05 | -1.91 | -1.18 | -1.14 | -0.66 | -0.09 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Total assets | $162.2m | $210.0m | $218.6m | $253.9m | $363.2m | $236.1m | $11.9m | $1.9m |
| Cash and short-term investments | $59.6m | $73.2m | $82.4m | $77.6m | $88.7m | $213.5m | $8.1m | $5,000 |
| Total liabilities | $22.4m | $20.9m | $23.1m | $37.3m | $71.0m | $5.4m | $20.6m | $8.2m |
| Debt | $7.9m | $7.4m | $8.4m | $4.6m | $5.8m | $1.4m | $526,000 | — |
| Shareholders' equity | $139.7m | $189.1m | $195.5m | $216.7m | $292.1m | $230.7m | −$8.8m | −$6.4m |
| Shares outstanding | 67m | 64m | 58m | 55m | 52m | 38m | 34m | 21m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | −$40.8m | −$36.6m | −$44.8m | −$43.4m | −$38.1m | −$21.5m | −$5.5m | −$3.7m |
| Capital spending | −$4.2m | −$2.8m | −$3.3m | −$7.2m | −$23.2m | −$13.9m | −$125,000 | −$73,000 |
| Free cash flow | −$45.0m | −$39.4m | −$48.1m | −$50.6m | −$61.2m | −$35.4m | −$5.6m | −$3.7m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $4.2m | $4.3m | $3.7m | $3.4m | $3.0m | $2.8m | $3.0m | $3.0m |
| Operating income | −$55.5m | −$14.8m | −$16.5m | −$14.2m | −$14.5m | −$14.1m | −$15.0m | −$14.1m |
| Net income | −$55.5m | −$14.3m | −$33.4m | −$13.7m | −$14.7m | −$13.2m | −$14.1m | −$13.6m |
| Diluted earnings per share | -0.79 | -0.20 | -0.50 | -0.20 | -0.22 | -0.20 | -0.22 | -0.21 |
| Cash from operations | −$11.0m | −$13.0m | −$11.0m | −$10.0m | −$9.0m | −$10.0m | −$10.0m | −$8.0m |
| Capital spending | — | −$1.0m | — | −$1.0m | −$1.0m | — | −$1.0m | — |
| Free cash flow | — | −$14.0m | — | −$11.0m | −$10.0m | — | −$11.0m | — |
| Total assets | $91.2m | $145.8m | $162.2m | $176.1m | $184.2m | $196.7m | $210.0m | $183.9m |
| Cash and short-term investments | $31.0m | $43.9m | $59.6m | $45.2m | $51.9m | $62.5m | — | $56.7m |
| Debt | $3.9m | $3.9m | $4.1m | $4.1m | $4.2m | $3.9m | — | $4.1m |
| Shareholders' equity | $72.5m | $126.3m | $139.7m | $156.7m | $163.6m | $177.2m | $189.1m | $163.9m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 14.9% | — | — |
| Operating income | -17.9% | 6.7% | — |
| Net income | -10.7% | 11.5% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | -483.2% | -677.2% | — | — |
| Net margin | -528.9% | -688.4% | — | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Price to earnings | -1.4 | -4.8 | -3.4 | -2.2 | -6.9 | -22.4 |
| Price to sales | 8.1 | 22.8 | 20.8 | 26.6 | 326.0 | — |
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Return | -56% | -4% | -21% | -50% | -65% | 132% |
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.