P 
15.95
+1.01%
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
$69.6m
FY2017FY2025
Net income
−$81.3m
FY2017FY2025
Free cash flow
−$79.5m
FY2017FY2025
Shareholders' equity
$261.2m
FY2017FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $69.6m | $84.6m | $73.5m | $65.0m | $85.5m | $78.6m | $65.2m | $37.8m | $9.4m |
| Research and development | $50.3m | $48.9m | $64.8m | $64.9m | $49.3m | $28.6m | $22.4m | $14.3m | $9.9m |
| Operating income | −$88.1m | −$68.3m | −$96.3m | −$115.5m | −$65.4m | −$42.1m | −$22.4m | −$18.0m | −$22.4m |
| Net income | −$81.3m | −$81.3m | −$108.3m | −$113.3m | −$65.2m | −$41.3m | −$25.1m | −$19.9m | −$23.6m |
| Diluted earnings per share | -0.88 | -1.12 | -2.19 | -2.45 | -1.46 | -1.18 | -0.80 | -0.91 | -7.87 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Total assets | $334.2m | $270.3m | $225.1m | $292.7m | $396.5m | $244.8m | $157.3m | $41.7m | $33.6m |
| Cash and short-term investments | $240.0m | $185.0m | $114.2m | $167.7m | $287.1m | $203.3m | $128.3m | $19.7m | $22.6m |
| Total liabilities | $73.0m | $67.3m | $95.7m | $74.6m | $86.2m | $49.9m | $50.6m | $148.1m | $126.2m |
| Debt | $8.1m | $1.8m | $2.9m | $2.6m | $3.5m | — | — | $5.7m | $17.8m |
| Shareholders' equity | $261.2m | $203.0m | $129.4m | $218.1m | $310.3m | $194.9m | $106.7m | −$106.4m | −$92.6m |
| Shares outstanding | 92m | 73m | 49m | 46m | 45m | 35m | 31m | 22m | 3m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −$74.9m | −$45.1m | −$56.3m | −$70.2m | −$70.8m | −$42.7m | −$18.1m | $5.6m | $290,000 |
| Capital spending | −$4.5m | −$1.6m | −$10.9m | −$49.9m | −$11.1m | −$3.2m | −$8.4m | −$7.9m | −$5.2m |
| Free cash flow | −$79.5m | −$46.8m | −$67.2m | −$120.1m | −$81.9m | −$45.9m | −$26.5m | −$2.3m | −$4.9m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $22.4m | $15.5m | $17.3m | $14.5m | $17.2m | $20.6m | $16.8m | $25.7m |
| Operating income | −$33.6m | −$32.2m | −$25.3m | −$23.3m | −$21.8m | −$17.7m | −$18.1m | −$14.4m |
| Net income | −$31.7m | −$30.0m | −$23.8m | −$21.7m | −$20.1m | −$15.8m | −$16.4m | −$39.1m |
| Diluted earnings per share | -0.30 | -0.28 | -0.26 | -0.23 | -0.22 | -0.17 | -0.23 | -0.54 |
| Cash from operations | −$25.0m | −$22.0m | −$22.0m | −$21.0m | −$12.0m | −$17.0m | −$7.0m | −$6.0m |
| Capital spending | −$3.0m | −$3.0m | — | −$1.0m | — | −$2.0m | −$1.0m | — |
| Free cash flow | −$28.0m | −$25.0m | — | −$22.0m | — | −$19.0m | −$8.0m | — |
| Total assets | $312.1m | $325.4m | $334.2m | $242.8m | $258.7m | $273.3m | $270.3m | $239.9m |
| Cash and short-term investments | $212.7m | $233.2m | $240.0m | $150.5m | $173.2m | $185.7m | $185.0m | $143.7m |
| Debt | $7.8m | $7.8m | $8.1m | $8.4m | $9.0m | $10.3m | $9.4m | $9.6m |
| Shareholders' equity | $235.2m | $254.8m | $261.2m | $171.4m | $190.8m | $207.3m | $203.0m | $166.8m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 2.3% | -2.5% | — |
| Operating income | -8.7% | 15.9% | — |
| Net income | -10.5% | 14.5% | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Price to earnings | -9.0 | -5.2 | -1.0 | -0.8 | -9.8 | -31.0 | -13.6 |
| Price to sales | 10.6 | 5.0 | 1.4 | 1.4 | 7.5 | 16.3 | 5.3 |
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|
| Return | 123% | 134% | -22% | -86% | -66% | 323% | -66% |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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