S 
0.37
+8.44%
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
−$462.8m
FY2016FY2025
Free cash flow
−$10.4m
FY2016FY2025
Shareholders' equity
$133.2m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | — | $40,000 | $18,000 | $286,000 | $441,000 | — | — | — | — | — |
| Research and development | $31,000 | $832,000 | $5.1m | $5.8m | $5.6m | $13.3m | $9.7m | $4.4m | $4.8m | $2.7m |
| Operating income | −$71.1m | −$12.9m | −$28.5m | −$27.3m | −$33.4m | −$54.3m | −$34.6m | −$17.3m | −$12.9m | −$11.2m |
| Net income | −$462.8m | −$10.3m | −$29.0m | −$27.1m | −$31.9m | −$52.2m | −$34.1m | −$18.1m | −$12.8m | −$11.7m |
| Diluted earnings per share | -9.65 | -0.59 | -3.21 | -6.76 | -10.64 | -17.41 | -16.47 | -12.50 | -12.54 | -15.00 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $187.5m | $842,000 | $1.8m | $4.1m | $15.5m | $30.4m | $14.2m | $5.0m | $1.7m | $1.2m |
| Cash and short-term investments | $30.0m | $155,000 | $293,000 | $458,000 | $11.7m | $28.3m | $12.1m | $4.5m | $1.5m | $1.1m |
| Total liabilities | $54.2m | $2.3m | $4.7m | $3.7m | $3.0m | $5.1m | $2.9m | $1.2m | $4.0m | $3.0m |
| Debt | $38.0m | — | — | — | — | — | — | — | — | — |
| Shareholders' equity | $133.2m | −$1.4m | −$2.9m | $418,000 | $12.3m | $24.5m | $11.4m | $3.8m | −$2.3m | −$1.7m |
| Shares outstanding | 48m | 17m | 9m | 4m | 3m | 3m | 2m | 1m | 1m | 1m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −$10.4m | −$4.8m | −$17.3m | −$21.7m | −$26.4m | −$26.6m | −$15.5m | −$10.3m | −$7.5m | −$5.1m |
| Capital spending | — | — | −$186,000 | −$168,000 | −$542,000 | −$87,000 | −$288,700 | −$307,700 | −$9,400 | −$16,300 |
| Free cash flow | −$10.4m | −$4.8m | −$17.5m | −$21.9m | −$26.9m | −$26.7m | −$15.8m | −$10.6m | −$7.5m | −$5.1m |
| Dividends paid | −$11,000 | — | — | — | — | — | — | — | — | — |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $146,000 | — | — | — | — | — | $13,000 | — |
| Operating income | −$15.2m | −$35.7m | −$422.9m | −$6.1m | −$20.4m | −$3.0m | −$1.2m | −$3.0m |
| Net income | −$14.6m | −$46.7m | −$424.0m | −$15.6m | −$20.4m | −$2.8m | −$1.1m | −$1.9m |
| Diluted earnings per share | -0.08 | -0.26 | -8.84 | -0.32 | -0.42 | -0.06 | -0.06 | -0.11 |
| Cash from operations | −$11.0m | −$10.0m | −$3.0m | −$5.0m | −$1.0m | −$1.0m | — | −$1.0m |
| Capital spending | — | −$14.0m | — | — | — | — | — | — |
| Free cash flow | — | −$24.0m | — | — | — | — | — | — |
| Total assets | $159.6m | $173.3m | $187.5m | $130.5m | $109.7m | $4.4m | $842,000 | $1.4m |
| Cash and short-term investments | $20.3m | $30.6m | $30.0m | $11.0m | $2.8m | $3.7m | $155,000 | $654,000 |
| Debt | $129,000 | — | $38.0m | — | $15,000 | $60,000 | $102,000 | $145,000 |
| Shareholders' equity | $145.7m | $159.0m | $133.2m | −$6.9m | −$3.5m | $2.7m | −$1.4m | −$300,000 |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Operating income | 37.6% | 5.5% | 19.4% |
| Net income | 157.7% | 54.7% | 47.0% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -0.3 | -2.5 | -0.2 | -0.1 | -0.3 | -0.3 | -0.3 | -0.3 | -0.3 | -0.2 |
| Price to sales | — | — | 367.0 | 9.0 | 23.3 | — | — | — | — | — |
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Return | 180% | 119% | -19% | -82% | -42% | 24% | 28% | 41% | 0% | 4% |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years.
- 10-to-1 reverse split · 2 Feb 2024
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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