N 
2.18
+2.83%
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
$5.6m
FY2016FY2025
Net income
−$92.8m
FY2016FY2025
Free cash flow
−$102.4m
FY2016FY2025
Shareholders' equity
$157.1m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $5.6m | $5.9m | — | $3.7m | $6.1m | $5.2m | $4.1m | $1.8m | $2.2m | $80,807 |
| Research and development | $5.7m | $4.8m | $5.1m | $2.8m | $5.1m | $5.7m | $2.4m | — | — | — |
| Operating income | −$81.7m | −$71.2m | $3.4m | −$39.6m | −$47.5m | −$17.7m | −$14.7m | −$21.6m | −$8.3m | −$5.5m |
| Net income | −$92.8m | −$74.8m | −$51.9m | −$38.6m | −$51.9m | −$13.4m | −$13.4m | −$26.7m | −$10.3m | −$6.0m |
| Diluted earnings per share | -0.53 | -0.60 | -0.42 | -0.32 | -0.57 | -0.12 | -0.12 | -0.23 | -0.09 | -0.05 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $282.8m | $226.1m | $277.4m | $277.4m | $303.0m | $202.9m | $75.3m | $34.9m | $37.1m | $35.5m |
| Cash and short-term investments | $84.1m | $42.6m | $99.0m | $99.0m | $142.7m | $136.7m | $38.8m | $6.1m | $396,224 | $2.4m |
| Total liabilities | $125.7m | $88.5m | $51.4m | $51.4m | $51.8m | $24.7m | $14.9m | $24.4m | $7.9m | $17.1m |
| Debt | $94.4m | $63.9m | $36.5m | $52.6m | $36.4m | $6.7m | $2.4m | $17.2m | $1.7m | $9.2m |
| Shareholders' equity | $157.1m | $137.6m | $226.1m | $151.4m | $251.1m | $178.2m | $60.3m | $10.5m | $29.2m | $18.4m |
| Shares outstanding | 175m | 125m | 122m | 122m | 92m | 116m | 116m | 116m | 116m | 116m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −$42.2m | −$40.4m | −$29.2m | −$6.1m | −$29.2m | $18.2m | $6.4m | −$4.1m | −$3.9m | −$960,451 |
| Capital spending | −$60.2m | −$29.9m | −$49.0m | −$19.7m | −$83.8m | −$19.7m | −$3.7m | −$1.5m | −$2.1m | −$1.1m |
| Free cash flow | −$102.4m | −$70.3m | −$78.3m | −$25.8m | −$113.0m | −$1.5m | $2.7m | −$5.6m | −$5.9m | −$2.1m |
| Dividends paid | — | — | — | −$10.8m | — | −$10.8m | −$5.7m | −$30.2m | −$0 | — |
Latest quarters
By quarter end
| Dec 2025 | Jun 2025 | Dec 2024 | Jun 2024 | Dec 2023 | Jun 2023 | Dec 2022 | Sept 2022 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.8m | $2.8m | $3.1m | $2.7m | $4.3m | $3.9m | $1.8m | $2.1m |
| Operating income | −$25.8m | −$26.5m | −$22.7m | −$27.7m | −$18.7m | −$30.1m | −$9.8m | −$17.4m |
| Net income | −$72.7m | −$20.1m | −$45.9m | −$28.7m | −$18.3m | −$27.9m | −$18.7m | −$18.4m |
| Diluted earnings per share | -0.42 | -0.12 | -0.37 | -0.23 | -0.15 | -0.23 | -0.15 | -0.15 |
| Cash from operations | −$20.0m | −$22.0m | −$18.0m | −$22.0m | −$15.0m | −$8.0m | −$12.0m | −$10.0m |
| Capital spending | −$26.0m | −$34.0m | −$20.0m | −$9.0m | −$6.0m | −$6.0m | −$6.0m | −$28.0m |
| Free cash flow | −$46.0m | −$56.0m | −$38.0m | −$31.0m | −$21.0m | −$14.0m | −$18.0m | −$38.0m |
| Total assets | $282.8m | $239.0m | $226.1m | $240.7m | $263.3m | $280.9m | $189.6m | $109.9m |
| Cash and short-term investments | $84.1m | $26.9m | $42.6m | $47.1m | $78.7m | $99.1m | $73.4m | $51.8m |
| Debt | $94.4m | $65.6m | $63.9m | $63.8m | $92.3m | $63.5m | $467,533 | $43,513 |
| Shareholders' equity | $157.1m | $139.3m | $137.6m | $158.0m | $125.2m | $134.1m | $151.4m | $91.1m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 14.5% | 1.5% | 75.6% |
| Operating income | 27.3% | 35.7% | 54.2% |
| Net income | 33.9% | 47.2% | 53.9% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | -1332.3% | — | — | — |
| Net margin | -1460.6% | — | — | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|
| Price to earnings | -19.0 | -30.2 | -45.7 | -129.1 |
| Price to sales | 313.6 | 385.8 | — | — |
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| Return | -40% | -9% | -62% | -78% |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years.
- 10-to-1 reverse split · 27 Aug 2026
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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