P 
1.08
-12.20%
Close of 9 Nov 2026, in USD
Search any instrument
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
−$34.5m
FY2016FY2025
Free cash flow
−$27.8m
FY2016FY2025
Shareholders' equity
$9.3m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit | −$60,518 | −$59,791 | −$57,326 | −$49,078 | −$246,388 | −$176,292 | −$98,414 | −$69,118 | −$183,000 | −$100,000 |
| Research and development | $19.0m | $22.6m | $27.8m | $29.4m | $11.3m | $7.9m | $6.1m | $830,744 | $34.3m | $24.8m |
| Operating income | −$31.5m | −$36.3m | −$43.2m | −$41.7m | −$21.4m | −$14.9m | −$15.5m | −$43.1m | −$52.0m | −$39.7m |
| Net income | −$34.5m | −$37.6m | −$42.9m | −$40.9m | −$16.9m | −$14.8m | −$7.0m | −$40.9m | −$50.9m | −$38.8m |
| Diluted earnings per share | -0.74 | -1.03 | -1.36 | -1.42 | -0.60 | -0.67 | -1.32 | -10.25 | -32.96 | -26.85 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $30.5m | $45.4m | $59.4m | $77.0m | $67.2m | $30.9m | $14.5m | $36.2m | $92.6m | $110.9m |
| Cash and short-term investments | $26.7m | $41.7m | $56.6m | $73.8m | $65.2m | $28.8m | $12.2m | $34.6m | $88.1m | $106.4m |
| Total liabilities | $21.2m | $26.4m | $33.3m | $33.0m | $4.0m | $3.8m | $2.8m | $6.4m | $30.2m | $21.6m |
| Debt | $16.9m | $21.8m | $23.9m | $23.5m | $490,354 | $610,257 | — | $30,000 | $20.5m | $15.0m |
| Shareholders' equity | $9.3m | $19.0m | $26.1m | $44.0m | $63.2m | $27.1m | $11.7m | $29.8m | $62.4m | $89.3m |
| Shares outstanding | 46m | 36m | 32m | 29m | 28m | 22m | 5m | 4m | 2m | 1m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −$27.8m | −$35.0m | −$33.6m | −$25.7m | −$12.5m | −$13.1m | −$18.1m | −$33.2m | −$40.7m | −$32.2m |
| Capital spending | — | −$29,000 | −$4 | −$4 | −$4 | −$5 | −$1 | −$3 | −$189,000 | −$687,000 |
| Free cash flow | −$27.8m | −$35.1m | −$33.6m | −$25.7m | −$12.5m | −$13.1m | −$18.1m | −$33.2m | −$40.9m | −$32.9m |
| Dividends paid | — | — | — | −$271 | — | — | — | — | — | — |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | — | — | — | — | — | $59,066 | — |
| Gross profit | — | — | −$15,131 | — | −$15,129 | −$15,129 | −$15,127 | −$15,131 |
| Operating income | −$6.5m | −$6.5m | −$6.7m | −$8.1m | −$7.6m | −$9.1m | −$7.4m | −$10.2m |
| Net income | −$9.8m | −$7.3m | −$7.6m | −$9.0m | −$9.4m | −$8.5m | −$8.0m | −$10.7m |
| Diluted earnings per share | -0.18 | -0.13 | -0.16 | -0.19 | -0.20 | -0.18 | -0.22 | -0.29 |
| Cash from operations | −$2.0m | −$4.0m | −$3.0m | −$5.0m | −$9.0m | −$9.0m | −$8.0m | −$7.0m |
| Total assets | $8.8m | $24.7m | $30.5m | $34.7m | $40.5m | $47.0m | $45.4m | $52.5m |
| Cash and short-term investments | $5.6m | $21.7m | $26.7m | $26.2m | $31.9m | $40.0m | $41.7m | $49.8m |
| Debt | $4.4m | $15.8m | $16.9m | $17.9m | $18.5m | $18.9m | $21.8m | $24.6m |
| Shareholders' equity | −$3.6m | $3.9m | $9.3m | $9.5m | $16.0m | $22.4m | $19.0m | $22.0m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Operating income | -8.9% | 16.2% | 1.8% |
| Net income | -5.5% | 18.4% | 2.1% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -0.4 | -0.6 | -1.3 | -3.2 | -4.7 | -1.1 | -0.7 | -0.2 | -2.0 | -3.2 |
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Return | -51% | -65% | -44% | 2% | 298% | -1% | -67% | -96% | -25% | 2% |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years.
- 20-to-1 reverse split · 18 Mar 2019
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
Nothing here is investment advice. Prices can be delayed or wrong, so check with the exchange before relying on them. Data for this page. How we cover markets.