R 
3.87
-0.26%
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
−$77.6m
FY2017FY2026
Free cash flow
−$64.6m
FY2017FY2026
Shareholders' equity
$100.7m
FY2017FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit | −$31,000 | −$31,000 | −$36,000 | −$382,000 | −$256,000 | −$13,000 | −$18,000 | −$48,000 | — | −$12.6m |
| Research and development | $53.8m | $61.5m | $55.7m | $43.8m | $32.5m | $15.0m | $14.4m | $19.1m | $17.3m | $12.1m |
| Operating income | −$83.0m | −$79.9m | −$70.4m | −$56.0m | −$41.8m | −$22.9m | −$20.5m | −$25.5m | −$26.2m | −$20.3m |
| Net income | −$77.6m | −$74.4m | −$68.5m | −$51.8m | −$41.1m | −$20.9m | −$20.3m | −$30.4m | −$29.9m | −$20.3m |
| Diluted earnings per share | -0.74 | -0.72 | -0.98 | -1.01 | -0.80 | -1.33 | -2.53 | -5.19 | -24.03 | -18.86 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $112.8m | $175.5m | $132.7m | $123.7m | $152.4m | $42.6m | $11.0m | $12.3m | $2.5m | $10.6m |
| Cash and short-term investments | $107.8m | $167.9m | $126.9m | $101.9m | $150.4m | $41.0m | $10.0m | $11.6m | $1.6m | $4.5m |
| Total liabilities | $12.2m | $13.4m | $11.7m | $7.5m | $2.9m | $16.5m | $3.6m | $10.5m | $6.5m | $2.1m |
| Debt | $934,000 | $1.6m | $2.2m | $2.5m | $515,000 | $14.4m | $410,000 | $10,000 | $3.4m | $10,000 |
| Shareholders' equity | $100.7m | $162.1m | $121.0m | $116.2m | $149.5m | $26.1m | $7.4m | $1.8m | −$4.0m | $8.5m |
| Shares outstanding | 104m | 104m | 70m | 51m | 51m | 16m | 8m | 6m | 1m | 1m |
Cash flow
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −$64.6m | −$69.1m | −$57.4m | −$44.5m | −$39.6m | −$20.4m | −$24.2m | −$15.3m | −$14.1m | −$13.3m |
| Capital spending | — | — | — | −$153,000 | −$153,000 | −$153,000 | −$153,000 | −$47,000 | −$5,816 | −$407,929 |
| Free cash flow | −$64.6m | −$69.1m | −$57.4m | −$44.6m | −$39.8m | −$20.6m | −$24.3m | −$15.4m | −$14.1m | −$13.7m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | — | — | — | $46,000 | — | — | — |
| Gross profit | −$8,000 | −$8,000 | −$7,000 | −$8,000 | −$8,000 | −$7,000 | −$8,000 | −$8,000 |
| Operating income | −$21.6m | −$17.4m | −$24.2m | −$19.8m | −$25.9m | −$20.0m | −$17.1m | −$16.9m |
| Net income | −$20.5m | −$16.2m | −$22.8m | −$18.1m | −$24.4m | −$18.9m | −$15.7m | −$15.4m |
| Diluted earnings per share | -0.20 | -0.15 | -0.22 | -0.18 | -0.24 | -0.18 | -0.22 | -0.22 |
| Cash from operations | −$13.0m | −$13.0m | −$20.0m | −$17.0m | −$21.0m | −$17.0m | −$13.0m | −$16.0m |
| Total assets | $112.8m | $125.5m | $138.6m | $158.7m | $175.5m | $94.7m | $112.0m | $123.4m |
| Cash and short-term investments | $107.8m | $120.3m | $132.9m | $152.2m | $167.9m | $86.9m | $96.5m | $108.3m |
| Debt | $658,000 | $673,000 | $666,000 | $650,000 | $632,000 | $615,000 | $599,000 | $584,000 |
| Shareholders' equity | $100.7m | $116.8m | $128.0m | $147.2m | $162.1m | $82.6m | $99.6m | $113.4m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Operating income | 14.0% | 29.4% | 18.7% |
| Net income | 14.4% | 30.0% | 17.9% |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -5.3 | -3.3 | -5.0 | -1.0 | -2.6 | -3.6 | -4.7 | -1.1 | -0.0 | -0.2 |
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Return | -55% | 362% | -36% | -69% | -69% | 134% | 1082% | -88% | -11% | -31% |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years.
- 50-to-1 reverse split · 13 Oct 2020
- 6-to-1 reverse split · 1 May 2014
- 6-for-1 split · 10 Jan 2013
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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