P 
5.26
+3.75%
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
$1.1m
FY2016FY2025
Net income
−$63.0m
FY2016FY2025
Free cash flow
−$33.4m
FY2016FY2025
Shareholders' equity
$183.8m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.1m | $41,427 | $465,777 | $552,748 | $209,100 | $3.9m | $3.9m | $3.9m | $2.8m | $1.9m |
| Research and development | $18.1m | $11.3m | $10.1m | $10.7m | $8.2m | $6.6m | $2.1m | $8.7m | $5.4m | $2.9m |
| Operating income | −$54.6m | −$50.1m | −$20.4m | −$21.0m | −$15.3m | −$15.5m | −$9.1m | −$16.6m | −$13.1m | −$13.7m |
| Net income | −$63.0m | −$56.7m | −$20.3m | −$21.0m | −$15.7m | −$19.1m | −$11.4m | −$16.3m | −$12.8m | −$13.2m |
| Diluted earnings per share | -0.68 | -0.74 | -0.48 | -0.57 | -0.43 | -0.65 | -0.40 | -0.57 | -0.49 | -0.59 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $328.6m | $69.7m | $8.8m | $15.4m | $27.2m | $11.6m | $24.1m | $25.1m | $25.2m | $35.5m |
| Cash and short-term investments | $313.4m | $53.8m | $3.0m | $9.2m | $21.3m | $6.9m | $1.4m | $2.6m | $5.0m | $15.0m |
| Total liabilities | $144.8m | $49.0m | $3.8m | $3.9m | $2.2m | $5.8m | $5.0m | $4.0m | $2.1m | $3.3m |
| Debt | $6.0m | $7.2m | $542,300 | $310,000 | $390,000 | $4.1m | $3.3m | — | — | — |
| Shareholders' equity | $183.8m | $20.7m | $4.9m | $11.4m | $25.0m | $5.8m | $19.0m | $21.1m | $23.1m | $32.2m |
| Shares outstanding | 93m | 77m | 42m | 37m | 37m | 29m | 29m | 29m | 26m | 22m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −$31.1m | −$23.3m | −$15.4m | −$12.3m | −$11.2m | −$9.4m | −$9.4m | −$9.3m | −$9.2m | −$10.0m |
| Capital spending | −$2.3m | −$7.0m | −$1.2m | −$3.1m | −$930,882 | −$1.6m | −$511,484 | −$3.5m | −$1.0m | −$1.3m |
| Free cash flow | −$33.4m | −$30.3m | −$16.7m | −$15.4m | −$12.2m | −$11.0m | −$9.9m | −$12.8m | −$10.2m | −$11.2m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $569,925 | $503,389 | $341,202 | $298,434 | $268,469 | $166,760 | $29,032 | $3,685 |
| Operating income | −$20.2m | −$17.9m | −$9.6m | −$9.6m | −$8.8m | $6.9m | −$4.9m | −$6.7m |
| Net income | −$11.3m | −$12.3m | −$42.7m | −$9.4m | −$17.3m | $6.3m | −$30.3m | −$12.7m |
| Diluted earnings per share | -0.07 | -0.08 | -0.46 | -0.10 | -0.19 | 0.07 | -0.40 | -0.17 |
| Cash from operations | −$12.0m | −$8.0m | −$11.0m | −$2.0m | −$7.0m | −$8.0m | −$8.0m | −$5.0m |
| Capital spending | −$2.0m | −$2.0m | — | — | −$2.0m | — | −$3.0m | −$1.0m |
| Free cash flow | −$14.0m | −$10.0m | — | — | −$9.0m | — | −$11.0m | −$6.0m |
| Total assets | $881.8m | $461.8m | $328.6m | $107.8m | $89.7m | $64.9m | $69.7m | $50.5m |
| Cash and short-term investments | $796.3m | $429.1m | $313.4m | $92.7m | $73.1m | $48.6m | — | $41.8m |
| Debt | $6.2m | $6.1m | $6.0m | $6.6m | $6.6m | $6.8m | — | $162,109 |
| Shareholders' equity | $847.5m | $448.6m | $183.8m | $66.4m | $49.4m | $32.5m | $20.7m | $30.6m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 24.8% | -22.7% | — |
| Operating income | 37.5% | 28.6% | 16.2% |
| Net income | 44.1% | 26.9% | 18.0% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | -9377.7% | -6842.6% | -2838.4% | — |
| Net margin | -10719.3% | -7539.9% | -3141.5% | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -9.4 | -8.0 | -1.9 | -3.3 | -10.3 | -6.2 | -4.4 | -2.2 | -2.1 | -2.5 |
| Price to sales | — | — | 84.9 | 124.7 | — | 30.4 | 12.9 | 9.2 | 9.8 | 17.8 |
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Return | 27% | 482% | -57% | -54% | 21% | 115% | 30% | 18% | -26% | -63% |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years.
- 10-to-1 reverse split · 28 Feb 2022
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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