O 
5.30
+5.37%
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
$18.7m
FY2019FY2025
Net income
−$64.8m
FY2019FY2025
Free cash flow
−$37.0m
FY2019FY2025
Shareholders' equity
$267.0m
FY2019FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Revenue | $18.7m | $26.4m | $34.2m | $59.1m | $34.7m | $23.3m | $18.3m |
| Gross profit | −$3.4m | $26.4m | $34.2m | $59.1m | $34.7m | $23.3m | $18.3m |
| Research and development | $47.8m | $55.1m | $56.5m | $48.4m | $39.2m | $24.8m | $13.2m |
| Operating income | −$71.5m | −$74.5m | −$69.4m | −$26.6m | −$35.6m | −$25.6m | −$13.8m |
| Net income | −$64.8m | −$62.0m | −$50.6m | −$22.3m | −$27.0m | −$17.6m | −$13.6m |
| Diluted earnings per share | -0.51 | -0.59 | -0.51 | -0.24 | -0.24 | -0.15 | -0.12 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Total assets | $300.9m | $325.6m | $375.2m | $421.2m | $304.5m | $295.4m | $262.3m |
| Cash and short-term investments | $54.0m | $59.4m | $87.0m | $88.3m | −$13.9m | −$2.6m | — |
| Total liabilities | $33.9m | $37.9m | $60.6m | $79.8m | $70.2m | $59.8m | $44.1m |
| Debt | — | — | — | — | — | — | $300,000 |
| Shareholders' equity | $267.0m | $287.6m | $314.6m | $341.4m | $234.3m | $235.5m | $218.2m |
| Shares outstanding | 128m | 105m | 100m | 94m | 115m | 115m | 115m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Cash from operations | −$36.5m | −$39.7m | $2.3m | −$3.6m | −$5.7m | $3.6m | −$5.2m |
| Capital spending | −$565,000 | −$1.9m | −$1.6m | −$17.2m | −$4.1m | −$1.8m | −$255,000 |
| Free cash flow | −$37.0m | −$41.5m | $703,000 | −$20.8m | −$9.7m | $1.9m | −$5.5m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $13.4m | $14.4m | $8.4m | $2.2m | $3.9m | $4.2m | $10.8m | $4.2m |
| Gross profit | $12.8m | $8.4m | $659,999 | −$2.4m | $3.6m | $4.2m | $10.8m | $4.2m |
| Operating income | −$6.6m | −$7.9m | −$15.6m | −$18.2m | −$16.2m | −$18.8m | −$15.9m | −$19.8m |
| Net income | −$5.9m | −$7.7m | −$14.2m | −$16.5m | −$15.9m | −$18.2m | −$13.1m | −$16.4m |
| Diluted earnings per share | -0.05 | -0.06 | -0.11 | -0.13 | -0.12 | -0.14 | -0.12 | -0.16 |
| Cash from operations | $2.0m | −$4.0m | −$5.0m | −$9.0m | −$5.0m | −$15.0m | −$3.0m | −$6.0m |
| Total assets | $290.3m | $293.6m | $300.9m | $309.7m | $295.7m | $306.2m | $325.6m | $331.6m |
| Cash and short-term investments | $52.0m | $49.1m | $54.0m | $59.5m | $41.6m | $43.6m | $59.4m | $59.4m |
| Debt | $4.0m | $3.9m | $3.9m | $3.9m | $3.8m | $3.8m | $3.8m | $3.8m |
| Shareholders' equity | $260.3m | $262.6m | $267.0m | $277.4m | $262.1m | $273.5m | $287.6m | $291.7m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -31.9% | -4.3% | — |
| Operating income | 39.0% | 22.8% | — |
| Net income | 42.6% | 29.8% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 51.0% | 84.1% | 88.8% | — |
| Operating margin | -324.1% | -175.0% | -154.5% | — |
| Net margin | -281.4% | -144.4% | -124.5% | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Price to earnings | -3.6 | -6.0 | -12.2 | -15.1 | -16.7 |
| Price to sales | 12.5 | 14.1 | 18.1 | 5.7 | 13.0 |
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Return | -43% | -38% | 76% | -17% | 2% |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years.
- 1-to-1 reverse split · 2 Nov 2022
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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