T 
0.67
-2.86%
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
−$18.4m
FY2016FY2025
Free cash flow
−$12.9m
FY2016FY2025
Shareholders' equity
$52,000
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit | −$234,000 | — | — | −$67,972 | −$187,924 | −$119,637 | −$333,257 | −$21,325 | −$14,230 | −$11,717 |
| Research and development | $10.3m | $5.2m | $10.3m | $21.2m | $23.7m | $10.9m | $5.0m | $7.3m | $6.2m | $3.9m |
| Operating income | −$21.1m | −$15.8m | −$22.7m | −$23.9m | −$49.2m | −$50.8m | −$13.3m | −$13.2m | −$11.0m | −$9.7m |
| Net income | −$18.4m | −$11.9m | −$22.4m | −$25.2m | −$42.1m | −$47.4m | −$12.5m | −$10.6m | −$9.0m | −$9.6m |
| Diluted earnings per share | -0.15 | -0.11 | -0.44 | -0.50 | -0.41 | -0.24 | -0.18 | -0.16 | -0.14 | -0.18 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $11.5m | $11.3m | $12.2m | $35.3m | $65.1m | $94.2m | $2.4m | $9.2m | $2.4m | $6.7m |
| Cash and short-term investments | $4.0m | $3.7m | $1.2m | $24.2m | $56.2m | $87.7m | $203,917 | $7.1m | $63,974 | $6.3m |
| Total liabilities | $11.4m | $7.3m | $6.6m | $9.2m | $10.1m | $11.0m | $8.0m | $8.5m | $4.7m | $2.3m |
| Debt | $456,000 | $106,000 | $247,000 | $486,470 | $1.8m | $739,701 | $1.9m | $412,450 | $311,874 | $299,879 |
| Shareholders' equity | $52,000 | $3.9m | $5.5m | $26.1m | $55.0m | $60.9m | −$5.6m | $690,525 | −$2.2m | $4.4m |
| Shares outstanding | 121m | 111m | 51m | 50m | 102m | 195m | 68m | 68m | 64m | 53m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −$12.8m | −$1.2m | −$12.4m | −$21.3m | −$21.5m | −$11.7m | −$7.1m | −$6.1m | −$7.6m | −$7.5m |
| Capital spending | −$21,000 | −$15,181 | — | — | −$21,734 | −$2,515 | −$3,976 | −$2 | −$1,291 | −$51,263 |
| Free cash flow | −$12.9m | −$1.2m | −$12.4m | −$21.3m | −$21.5m | −$11.7m | −$7.1m | −$6.1m | −$7.6m | −$7.5m |
Latest quarters
By quarter end
| Mar 2026 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | Jun 2024 | Mar 2024 | |
|---|---|---|---|---|---|---|---|---|
| Gross profit | −$146,000 | −$88,000 | −$88,000 | −$61,000 | — | −$126,000 | −$126,000 | −$41,000 |
| Operating income | −$12.3m | −$9.0m | −$9.0m | −$9.2m | −$9.3m | −$12.9m | −$12.9m | −$6.2m |
| Net income | −$12.8m | −$5.6m | −$5.6m | −$7.2m | −$7.2m | −$9.3m | −$9.3m | −$9.1m |
| Diluted earnings per share | -0.22 | -0.05 | -0.05 | -0.06 | -0.07 | -0.08 | -0.08 | -0.08 |
| Cash from operations | −$6.0m | −$6.0m | −$6.0m | −$1.0m | −$1.0m | — | — | −$4.0m |
| Total assets | $11.5m | $16.6m | $16.6m | $11.3m | $11.3m | $11.0m | $11.0m | $12.2m |
| Cash and short-term investments | $4.0m | $7.3m | $7.3m | $3.7m | $3.7m | $1.1m | $1.1m | $1.2m |
| Debt | $222,000 | $107,000 | $107,000 | $212,000 | $106,000 | $142,000 | $284,000 | $276,000 |
| Shareholders' equity | $52,000 | $9.2m | $9.2m | $3.9m | $3.9m | $1.9m | $1.9m | $5.5m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Operating income | -4.0% | -16.1% | 2.2% |
| Net income | -9.9% | -17.2% | 0.8% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Price to earnings | -9.7 | -6.6 | -1.3 | -1.2 | -2.3 | -8.3 | -5.9 | -9.6 |
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|
| Return | 45% | 71% | -2% | -39% | -56% | 107% | -32% | -6% |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years.
- 2-to-1 reverse split · 21 Oct 2021
- 2.5-for-1 split · 31 Jul 2020
- 2-for-1 split · 29 Oct 2019
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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