P 
1.63
+3.82%
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.
Net income
$401,000
FY2016FY2025
Free cash flow
−$5.21bn
FY2016FY2025
Shareholders' equity
$34.0m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit | −$252,000 | −$3.0m | −$4.0m | −$3.2m | −$85,000 | −$23,000 | −$14,226 | −$9,790 | −$7,110 | −$3,793 |
| Research and development | $4.49bn | $5.9m | $14.3m | $25.3m | $19.8m | $11.0m | $6.6m | $4.3m | $2.6m | $1.7m |
| Operating income | −$21.8m | −$44.5m | −$78.7m | −$91.1m | −$55.6m | −$23.4m | −$16.7m | −$12.1m | −$8.8m | −$5.7m |
| Net income | $401,000 | $39.8m | −$64.2m | −$89.0m | −$50.3m | −$34.3m | −$15.9m | −$18.0m | −$9.5m | −$5.7m |
| Diluted earnings per share | 0.52 | 106.59 | -240.00 | -423.73 | -0.58 | -293.96 | -0.37 | -0.66 | -0.71 | -190.91 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $38.8m | $30.7m | $33.1m | $54.0m | $87.0m | $19.8m | $7.2m | $8.5m | $1.6m | $870,419 |
| Cash and short-term investments | $1.5m | $1.2m | $19.6m | $42.7m | $79.2m | $17.5m | $6.2m | $8.2m | $1.5m | $585,680 |
| Total liabilities | $16.5m | $37.7m | $57.1m | $43.0m | $7.6m | $20.3m | $11.9m | $11.0m | $4.5m | $1.2m |
| Debt | $13.3m | $31.9m | $48.7m | $36.6m | — | $15.0m | $8.1m | $7.9m | $3.9m | — |
| Shareholders' equity | $34.0m | −$2.5m | −$53.8m | −$9.7m | $61.7m | $1.9m | −$3.8m | −$2.3m | −$2.8m | −$319,067 |
| Shares outstanding | 1m | 0m | 0m | 0m | 86m | 0m | 44m | 27m | 13m | 0m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −$5.21bn | −$33.6m | −$52.0m | −$71.0m | −$40.6m | −$21.9m | −$13.4m | −$8.8m | −$6.6m | −$4.5m |
| Capital spending | −$31,000 | −$55,000 | −$242,000 | −$1.5m | −$1.5m | −$55,000 | −$27,203 | −$26,609 | −$5,301 | −$21,793 |
| Free cash flow | −$5.21bn | −$33.6m | −$52.3m | −$72.5m | −$42.1m | −$22.0m | −$13.4m | −$8.8m | −$6.6m | −$4.5m |
| Dividends paid | — | — | −$12.55bn | −$35.2m | −$436.0m | −$357,000 | −$67.44bn | −$7,099 | −$7,099 | −$7,099 |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Gross profit | −$89,000 | −$95,000 | −$51,000 | −$50,000 | −$35,000 | −$71,000 | −$38,000 | −$385,000 |
| Operating income | −$7.0m | −$8.0m | −$6.8m | −$4.8m | −$4.7m | −$5.4m | $1.1m | −$11.6m |
| Net income | −$5.4m | −$60,000 | −$1.3m | −$5.4m | −$11.9m | $19.0m | $1.4m | $64.4m |
| Diluted earnings per share | -0.86 | -0.01 | -1.63 | -6.96 | -15.41 | 24.52 | 3.83 | 172.51 |
| Cash from operations | −$2.0m | −$2.62bn | −$1.0m | — | −$1.0m | −$1.0m | — | −$8.0m |
| Total assets | $40.2m | $45.4m | $38.8m | $38.1m | $43.9m | $52.8m | $30.7m | $30.6m |
| Cash and short-term investments | $3.8m | $6.5m | $1.5m | $3.1m | $4.0m | $2.7m | $1.2m | $1.2m |
| Debt | $15.7m | $15.5m | $11.7m | $7.5m | $7.3m | $7.1m | $29.6m | $32.5m |
| Shareholders' equity | $35.0m | $39.5m | $34.0m | $35.8m | $40.8m | $47.0m | −$2.5m | −$4.9m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -42.7% | — | — |
| Operating income | -37.9% | -1.4% | 28.5% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | -107.5% | -178.1% | — | — |
| Operating margin | -2162.2% | -4004.3% | — | — |
| Net margin | 1310.9% | -1916.3% | — | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 12.8 | 0.2 | -0.5 | -0.5 | -1899.0 | -3.3 | -1474.5 | -654.1 | -1457.8 | -16.3 |
| Price to sales | 72.2 | 2.4 | 13.5 | 120.3 | — | — | — | — | — | — |
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Return | -55% | -84% | -47% | -83% | 67% | 78% | 0% | -56% | -69% | 44% |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years.
- 30-to-1 reverse split · 2 Jan 2026
- 15-to-1 reverse split · 7 Dec 2023
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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