R 
4.14
+6.15%
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.
Net income
−$57.4m
FY2016FY2025
Free cash flow
−$45.8m
FY2016FY2025
Shareholders' equity
$86.5m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit | — | — | — | — | −$1,258 | −$3,752 | −$4,870 | −$2,627 | −$85,271 | −$54,819 |
| Research and development | $744,560 | $46.2m | $54.8m | $113.3m | $90.6m | $36.0m | $7.9m | $2.9m | $1.3m | $6.2m |
| Operating income | −$59.1m | −$83.9m | −$103.7m | −$161.2m | −$125.7m | −$60.8m | −$15.1m | −$6.9m | −$7.2m | −$16.2m |
| Net income | −$57.4m | −$80.0m | −$98.8m | −$157.0m | −$125.8m | −$59.5m | −$15.0m | −$9.0m | −$6.3m | −$3.0m |
| Diluted earnings per share | -0.84 | -2.65 | -3.28 | -5.22 | -6.59 | -3.66 | -1.32 | -1.40 | -2.00 | -0.99 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $94.0m | $45.8m | $97.6m | $152.9m | $223.3m | $118.2m | $117.1m | $3.0m | $2.8m | $10.2m |
| Cash and short-term investments | $93.0m | $44.9m | $96.3m | $148.3m | $211.9m | $117.1m | $116.4m | $2.2m | $1.7m | $8.5m |
| Total liabilities | $7.5m | $10.3m | $12.2m | $12.5m | $15.1m | $12.6m | $1.5m | $8.6m | $1.4m | $3.2m |
| Debt | — | — | — | — | — | — | $100,000 | $285,170 | $2.9m | $273,670 |
| Shareholders' equity | $86.5m | $35.5m | $85.4m | $140.4m | $208.3m | $105.6m | $115.7m | −$5.5m | $1.5m | $7.0m |
| Shares outstanding | 68m | 30m | 30m | 30m | 19m | 16m | 11m | 6m | 3m | 3m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −$45.8m | −$51.8m | −$51.7m | −$103.8m | −$91.9m | −$27.8m | −$12,092 | −$6.0m | −$6.5m | −$13.1m |
| Capital spending | — | — | −$4 | −$3 | −$5 | — | — | −$12,391 | −$49,690 | −$562,256 |
| Free cash flow | −$45.8m | −$51.8m | −$51.7m | −$103.8m | −$91.9m | −$27.8m | −$12,092 | −$6.0m | −$6.5m | −$13.7m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Operating income | −$15.0m | −$19.5m | −$20.3m | −$10.3m | −$10.2m | −$18.2m | −$19.1m | −$23.0m |
| Net income | −$12.9m | −$19.1m | −$19.9m | −$10.1m | −$9.9m | −$17.6m | −$18.7m | −$21.7m |
| Diluted earnings per share | -0.11 | -0.17 | -0.29 | -0.15 | -0.14 | -0.26 | -0.62 | -0.72 |
| Cash from operations | −$9.0m | −$15.0m | −$14.0m | −$6.0m | −$6.0m | −$18.0m | −$8.0m | −$16.0m |
| Total assets | $219.1m | $235.4m | $94.0m | $14.9m | $21.1m | $27.7m | $45.8m | $55.7m |
| Cash and short-term investments | $217.7m | $234.0m | $93.0m | $13.9m | $20.6m | $27.1m | $44.9m | $54.1m |
| Shareholders' equity | $206.6m | $218.7m | $86.5m | $9.5m | $15.9m | $22.4m | $35.5m | $47.6m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Operating income | -28.4% | -0.6% | 13.2% |
| Net income | -28.5% | -0.7% | 10.7% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -5.7 | -0.1 | -0.2 | -0.1 | -0.1 | -0.2 | -0.8 | -0.1 | -0.0 | -0.1 |
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Return | 2024% | -37% | -15% | -30% | -38% | -23% | 834% | 46% | 25% | -75% |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years.
- 4-to-1 reverse split · 30 Sept 2019
- 5-to-1 reverse split · 12 Aug 2015
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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