R
5.45p
-0.91%
Close of 9 Nov 2026, in pence
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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
$3.0m
FY2016FY2026
Net income
−$14.2m
FY2016FY2026
Free cash flow
−$11.0m
FY2016FY2026
Shareholders' equity
−$6.3m
FY2016FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.0m | $3.0m | $2.3m | $3.4m | $3.0m | $1.5m | $780.6m | — | $64.45bn | $55.48bn |
| Research and development | — | $900,000 | $9.4m | $14.3m | $14.6m | $10.0m | $61,118 | $530,118 | $1.08bn | $1.03bn |
| Operating income | −$14.0m | −$17.2m | −$29.6m | −$42.4m | −$53.2m | −$31.9m | −$138,101 | −$566,849 | $11.28bn | $8.11bn |
| Net income | −$14.2m | −$20.4m | −$33.5m | −$45.6m | −$45.3m | −$34.7m | −$131,795 | −$566,340 | $7.23bn | $5.46bn |
| Diluted earnings per share | -0.03 | -0.05 | -0.34 | -0.47 | -0.60 | -0.48 | -0.00 | -0.01 | 262.89 | 1.91 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $4.6m | $6.1m | $8.0m | $30.6m | $50.1m | $102.6m | $552,912 | $387,218 | — | $59.39bn |
| Cash and short-term investments | $1.4m | $3.7m | $5.4m | $24.7m | $41.3m | $74.5m | $191,119 | $123,106 | — | $4.34bn |
| Total liabilities | $11.0m | $13.1m | $15.8m | $23.7m | $19.5m | $7.5m | $71,440 | $10,108 | — | $41.52bn |
| Debt | $5.7m | $8.3m | $8.5m | $12.2m | $12.3m | $352,000 | $8,328 | — | — | — |
| Shareholders' equity | −$6.3m | −$7.0m | −$7.9m | $7.0m | $30.6m | $71.5m | $213,035 | $114,484 | — | $24.91bn |
| Shares outstanding | 410m | 383m | 97m | 97m | 75m | 72m | 72m | 59m | 27m | 2,854m |
Cash flow
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −$10.9m | −$17.9m | −$30.1m | −$32.7m | −$45.7m | −$24.6m | −$134,700 | −$82,419 | $7.88bn | $7.05bn |
| Capital spending | −$100,251 | −$6 | −$4,000 | −$694,000 | −$694,000 | −$1.6m | −$17,566 | −$174,704 | −$1.51bn | −$1.80bn |
| Free cash flow | −$11.0m | −$17.9m | −$30.1m | −$33.4m | −$46.4m | −$26.3m | −$152,266 | −$257,123 | $6.37bn | $5.24bn |
| Dividends paid | — | — | — | −$4.64bn | −$5.10bn | −$5.23bn | −$63.2m | −$62.4m | −$3.92bn | −$3.61bn |
Latest quarters
By quarter end
| Dec 2025 | Sept 2025 | Jun 2025 | Dec 2024 | Sept 2024 | Jun 2024 | Mar 2024 | Dec 2023 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $800,000 | $800,000 | $1.7m | $729,000 | $522,000 | $586,000 | $535,000 | $709,000 |
| Operating income | −$3.5m | −$3.5m | −$9.7m | −$3.4m | −$4.1m | −$5.5m | −$6.6m | −$8.6m |
| Net income | −$4.0m | −$4.0m | −$11.8m | −$3.9m | −$4.7m | −$7.1m | −$7.7m | −$8.5m |
| Diluted earnings per share | -0.01 | -0.01 | -0.03 | -0.04 | -0.05 | -0.07 | -0.08 | -0.09 |
| Cash from operations | −$2.0m | −$2.0m | — | −$6.0m | −$3.0m | −$7.0m | −$4.0m | −$7.0m |
| Total assets | $9.9m | $9.9m | — | $11.4m | $4.8m | $8.0m | $8.8m | $11.3m |
| Cash and short-term investments | $6.2m | $6.2m | — | $9.6m | $909,000 | $4.7m | $4.7m | $5.6m |
| Debt | $4.9m | $200,000 | — | $8.2m | $8.3m | $8.5m | $9.4m | $8.5m |
| Shareholders' equity | −$1.2m | −$1.2m | — | −$1.4m | −$11.3m | −$7.9m | −$11.1m | −$8.0m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -4.0% | 15.1% | -62.7% |
| Operating income | -30.8% | -15.2% | — |
| Net income | -32.2% | -16.3% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | -519.9% | -882.1% | -1165.2% | — |
| Net margin | -576.5% | -971.8% | -1198.6% | — |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|---|
| Price to earnings | -2.1 | -1.5 | -0.4 | -0.5 | -1.6 | -10.9 | -2259.5 | -314.7 |
| Price to sales | 10.1 | 10.2 | 6.2 | 6.0 | 24.7 | 255.0 | 0.4 | — |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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