P 
174.08
-1.05%
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
—
FY2016FY2025
Net income
−$41.7m
FY2016FY2025
Free cash flow
−$25.0m
FY2016FY2025
Shareholders' equity
$28.0m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | — | — | — | $25.9m | $31.4m | $29.3m | $46.3m | $29.1m | $25.3m | $5.8m |
| Gross profit | — | — | — | $23.1m | $29.1m | $29.3m | — | — | — | — |
| Research and development | $22.8m | $8.2m | $8.8m | $50.2m | $64.2m | $44.2m | $54.4m | $40.9m | $21.9m | $19.7m |
| Operating income | −$38.6m | −$14.1m | −$11.9m | −$43.5m | −$51.8m | −$33.9m | −$27.2m | −$30.8m | −$14.6m | −$22.8m |
| Net income | −$41.7m | −$17.4m | $18.7m | −$33.3m | −$45.7m | −$37.2m | −$25.5m | −$26.8m | −$17.6m | −$22.8m |
| Diluted earnings per share | -3.71 | -7.83 | 15.11 | -35.75 | -50.66 | -53.19 | -36.90 | -39.52 | -31.36 | -22.80 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $59.6m | $88.2m | $7.5m | $16.5m | $153.6m | $105.0m | — | — | — | — |
| Cash and short-term investments | $58.0m | $83.6m | $7.3m | $16.1m | $117.8m | $70.4m | — | — | — | — |
| Total liabilities | $31.6m | $25.6m | $11.4m | $39.7m | $102.8m | $74.0m | — | — | — | — |
| Debt | $202,000 | $11.9m | — | — | — | — | — | — | — | — |
| Shareholders' equity | $28.0m | $62.6m | −$3.9m | −$23.2m | $50.8m | $31.0m | — | — | — | — |
| Shares outstanding | 11m | 2m | 1m | 1m | 1m | 1m | 1m | 1m | 1m | 1m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −$25.0m | −$10.8m | −$13.7m | −$14.8m | −$7.7m | −$45.9m | −$52.5m | −$1.1m | $49.8m | −$14.4m |
| Capital spending | — | — | — | −$1.0m | −$949,000 | −$2.7m | −$2.5m | −$1.7m | −$1.9m | −$581,000 |
| Free cash flow | −$25.0m | −$10.8m | −$13.7m | −$15.9m | −$8.6m | −$48.6m | −$54.9m | −$2.8m | $47.8m | −$15.0m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Operating income | −$21.4m | −$14.9m | −$11.3m | −$10.2m | −$9.3m | −$7.9m | −$4.4m | −$5.1m |
| Net income | −$21.9m | −$15.8m | −$12.7m | −$11.3m | −$9.5m | −$8.2m | −$4.0m | −$6.8m |
| Diluted earnings per share | -1.52 | -1.10 | -1.13 | -1.01 | -0.84 | -0.73 | -1.78 | -3.04 |
| Cash from operations | −$12.0m | −$10.0m | −$4.0m | −$7.0m | −$5.0m | −$6.0m | −$5.0m | −$2.0m |
| Total assets | $253.5m | $263.8m | $59.6m | $66.9m | $73.7m | $79.4m | $88.2m | $20.5m |
| Cash and short-term investments | $250.6m | $261.9m | $58.0m | $63.6m | $70.4m | $75.6m | $83.6m | $19.4m |
| Debt | $217,000 | $209,000 | $202,000 | — | — | — | — | — |
| Shareholders' equity | $216.9m | $232.3m | $28.0m | $38.7m | $47.8m | $55.6m | $62.6m | $16.3m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Operating income | -3.9% | 2.6% | 11.4% |
| Net income | 7.8% | 2.3% | 11.5% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -28.2 | -1.5 | 1.0 | -0.7 | -1.7 | -1.1 | -2.3 | -1.6 | -5.6 | -1.4 |
| Price to sales | — | — | — | 0.9 | 2.5 | 1.4 | 1.3 | 1.4 | 3.9 | 5.6 |
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Return | 716% | -6% | -45% | -72% | 23% | -16% | 29% | -57% | 330% | -40% |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years.
- 80-to-1 reverse split · 23 Apr 2024
- 2.2727-for-1 split · 8 Dec 2014
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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