O 
2.85
0.00%
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
$7.3m
FY2016FY2025
Net income
−$17.4m
FY2016FY2025
Free cash flow
−$38.3m
FY2016FY2025
Shareholders' equity
$130.7m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $7.3m | $566,000 | $392,000 | $1.5m | $208.4m | $12.6m | — | — | — | — |
| Gross profit | $7.0m | $566,000 | $392,000 | $1.5m | $208.4m | $12.6m | −$255,000 | −$141,733 | −$80,310 | −$56,512 |
| Research and development | $25.6m | $36.8m | $28.6m | $24.6m | $46.9m | $63.4m | $42.2m | $33.8m | $50.0m | $9.6m |
| Operating income | −$42.4m | −$61.9m | −$59.3m | −$55.5m | $124.2m | −$81.4m | −$61.4m | −$52.9m | −$65.0m | −$22.5m |
| Net income | −$17.4m | −$26.4m | −$52.3m | −$51.4m | $122.8m | −$80.7m | −$59.3m | −$52.0m | −$64.8m | −$22.4m |
| Diluted earnings per share | -0.21 | -0.37 | -0.74 | -0.73 | 1.80 | -1.26 | -1.21 | -2.11 | -2.63 | -1.14 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $150.9m | $92.2m | $144.0m | $155.3m | $194.5m | $75.9m | $80.8m | $47.6m | $89.5m | $53.0m |
| Cash and short-term investments | $69.6m | $53.1m | $105.8m | $129.0m | $187.8m | $72.0m | $76.7m | $41.5m | $87.1m | $51.9m |
| Total liabilities | $20.3m | $23.9m | $56.2m | $23.0m | $14.8m | $32.3m | $10.8m | $8.8m | $6.0m | $3.7m |
| Debt | $1.4m | — | — | — | — | — | — | — | — | — |
| Shareholders' equity | $130.7m | $68.2m | $87.8m | $132.3m | $179.7m | $43.6m | $70.0m | $38.8m | $83.4m | $49.3m |
| Shares outstanding | 82m | 71m | 71m | 70m | 68m | 64m | 49m | 25m | 25m | 20m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −$38.3m | −$56.0m | −$45.8m | −$55.2m | $118.6m | −$51.6m | −$51.1m | −$45.6m | −$31.5m | −$17.8m |
| Capital spending | — | −$71,000 | −$137,455 | −$1.4m | −$189,408 | −$390,680 | −$244,045 | −$352,019 | −$47,387 | −$188,987 |
| Free cash flow | −$38.3m | −$56.0m | −$45.9m | −$56.6m | $118.4m | −$52.0m | −$51.3m | −$45.9m | −$31.5m | −$18.0m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $733,000 | — | $718,000 | $132,000 | $6.3m | $130,000 | $76,000 | $173,000 |
| Gross profit | $733,000 | −$35,000 | $718,000 | $132,000 | $6.3m | $130,000 | $76,000 | $173,000 |
| Operating income | −$15.7m | −$17.8m | −$12.3m | −$12.5m | −$5.1m | −$12.6m | −$10.7m | −$13.2m |
| Net income | −$15.0m | −$17.0m | $9.7m | −$12.2m | −$4.7m | −$10.2m | −$9.3m | −$14.0m |
| Diluted earnings per share | -0.20 | -0.23 | 0.12 | -0.15 | -0.06 | -0.13 | -0.13 | -0.20 |
| Cash from operations | −$17.0m | −$13.0m | −$10.0m | −$12.0m | −$4.0m | −$10.0m | −$10.0m | −$15.0m |
| Total assets | $232.0m | $225.6m | $150.9m | $63.8m | $77.4m | $81.7m | $92.2m | $102.7m |
| Cash and short-term investments | $117.2m | $155.5m | $69.6m | $25.6m | $38.3m | $43.0m | $53.1m | $62.7m |
| Debt | $1.5m | $1.5m | $1.4m | $1.4m | $1.4m | $1.4m | $1.3m | $1.3m |
| Shareholders' equity | $209.9m | $198.3m | $130.7m | $44.7m | $55.8m | $59.3m | $68.2m | $76.3m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 69.0% | -10.5% | — |
| Operating income | -8.6% | -12.2% | 12.4% |
| Net income | -30.3% | -26.4% | 2.8% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 96.2% | 96.9% | 99.9% | — |
| Operating margin | -1334.4% | -2256.3% | -76.4% | — |
| Net margin | -560.8% | -1519.6% | -45.7% | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -7.6 | -2.5 | -1.0 | -0.6 | 0.4 | -0.4 | -0.4 | -0.1 | -0.3 |
| Price to sales | 18.4 | 117.2 | 139.4 | 20.9 | 0.3 | 2.8 | — | — | — |
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Return | 33% | 20% | 111% | -49% | 25% | 31% | 70% | -58% | -19% |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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