O
0.97
+5.09%
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
$4.4m
FY2016FY2025
Net income
−$67.8m
FY2016FY2025
Free cash flow
−$57.1m
FY2016FY2025
Shareholders' equity
−$12.2m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $4.4m | $4.1m | $6.0m | $2.5m | $22,920 | $43,000 | $42,620 | — | — | — |
| Research and development | $39.8m | $32.1m | $39.6m | $49.8m | $35.1m | $13.4m | $8.1m | $15.6m | $15.6m | $21.6m |
| Operating income | −$63.6m | −$54.8m | −$65.5m | −$84.9m | −$58.3m | −$21.1m | −$18.5m | −$14.5m | −$24.9m | −$30.3m |
| Net income | −$67.8m | −$54.1m | −$63.1m | −$77.8m | −$58.4m | −$21.8m | −$20.2m | −$8.6m | −$26.4m | −$16.2m |
| Diluted earnings per share | -0.22 | -0.19 | -0.25 | -0.35 | -0.29 | -0.15 | -0.38 | -6.44 | -66.02 | -55.54 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $43.5m | $82.4m | $64.5m | $108.6m | $105.8m | $27.4m | $16.8m | $17.4m | $11.0m | $36.1m |
| Cash and short-term investments | $18.6m | $58.5m | $39.5m | $90.9m | $95.0m | $24.0m | $7.4m | $15.5m | $8.0m | $31.9m |
| Total liabilities | $55.7m | $52.8m | $24.0m | $34.7m | $9.9m | $5.8m | $5.8m | $17.9m | $22.3m | $22.5m |
| Debt | $28.8m | $28.7m | $2.8m | $2.3m | $1.7m | $2.1m | $1.1m | — | $200,000 | $800,000 |
| Shareholders' equity | −$12.2m | $29.6m | $40.6m | $74.0m | $95.8m | $21.6m | $11.0m | −$458,000 | −$11.3m | $13.6m |
| Shares outstanding | 312m | 291m | 257m | 220m | 199m | 142m | 53m | 1m | 0m | 0m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −$57.0m | −$42.1m | −$62.1m | −$60.1m | −$47.9m | −$14.7m | −$16.9m | −$15.8m | −$23.0m | −$25.7m |
| Capital spending | −$185,000 | −$3.4m | −$10.5m | −$4.5m | −$939,000 | −$306,825 | −$29,446 | −$2.0m | −$276,000 | −$320,000 |
| Free cash flow | −$57.1m | −$45.5m | −$72.5m | −$64.5m | −$48.9m | −$15.0m | −$16.9m | −$17.8m | −$23.3m | −$26.1m |
| Dividends paid | — | — | — | — | — | — | −$6.8m | — | — | — |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.5m | $1.5m | −$193,000 | $1.8m | $1.4m | $1.5m | $764,000 | $1.1m |
| Operating income | −$20.4m | −$18.0m | −$16.5m | −$18.7m | −$13.7m | −$14.4m | −$13.8m | −$13.3m |
| Net income | −$24.9m | −$19.2m | −$17.7m | −$20.1m | −$14.7m | −$15.3m | −$13.9m | −$13.0m |
| Diluted earnings per share | -0.07 | -0.06 | -0.06 | -0.06 | -0.05 | -0.05 | -0.05 | -0.04 |
| Cash from operations | −$12.0m | −$21.0m | −$13.0m | −$12.0m | −$10.0m | −$19.0m | −$10.0m | −$11.0m |
| Total assets | $124.2m | $56.9m | $44.3m | $57.6m | $53.6m | $64.5m | $82.4m | $61.9m |
| Cash and short-term investments | $100.1m | $31.9m | $18.6m | $32.6m | $27.0m | $37.8m | $58.5m | $38.7m |
| Debt | $84.9m | $30.0m | $29.6m | $29.3m | $28.9m | $28.4m | $29.2m | $3.4m |
| Shareholders' equity | −$16.6m | $5.8m | −$12.2m | $3.5m | $3.1m | $15.9m | $29.6m | $40.6m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 21.0% | 152.5% | — |
| Operating income | -9.2% | 24.7% | 7.2% |
| Net income | -4.5% | 25.5% | 7.8% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | -1397.5% | -1581.5% | -2041.1% | — |
| Net margin | -1439.5% | -1546.7% | -2010.8% | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -6.2 | -4.3 | -2.3 | -2.4 | -10.1 | -7.7 | -0.9 | -0.2 | -0.0 | -0.0 |
| Price to sales | 95.5 | 57.8 | 24.4 | 74.7 | — | — | 417.1 | — | — | — |
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Return | 91% | 92% | -55% | -74% | 1659% | -27% | -82% | 64% | -1% | -46% |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years.
- 60-to-1 reverse split · 30 Sept 2019
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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