T
2.62
+15.42%
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
—
FY2019FY2025
Net income
−$319.8m
FY2019FY2025
Free cash flow
−$43.1m
FY2019FY2025
Shareholders' equity
−$33.4m
FY2019FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Revenue | — | — | $72.0m | $141.8m | $94.4m | — | — |
| Research and development | — | — | — | $13.6m | $10.2m | — | — |
| Operating income | −$316.5m | −$79.3m | −$72.4m | −$174.1m | $149.6m | $56.6m | −$42.1m |
| Net income | −$319.8m | −$81.9m | −$73.8m | −$171.0m | −$141.3m | −$56.6m | −$43.1m |
| Diluted earnings per share | -0.83 | -0.25 | -0.24 | -0.64 | -0.63 | -0.29 | -4.79 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Total assets | $181.6m | $63.0m | $68.9m | $94.8m | $133.1m | $54.7m | $18.3m |
| Cash and short-term investments | $117.6m | $3.5m | $6.8m | $46.8m | $84.9m | $10.1m | $16.0m |
| Total liabilities | $215.1m | $80.1m | $58.0m | $53.3m | $40.4m | $18.4m | $10.1m |
| Debt | — | $11.8m | — | — | — | — | — |
| Shareholders' equity | −$33.4m | −$17.1m | $10.9m | $41.5m | $92.8m | $36.3m | $8.2m |
| Shares outstanding | 385m | 322m | 307m | 267m | 226m | 192m | 9m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Cash from operations | −$42.9m | −$43.5m | −$59.6m | −$66.6m | −$56.1m | −$26.5m | −$15.1m |
| Capital spending | −$245,000 | −$515,000 | −$578,000 | −$1.2m | −$402,000 | −$607,000 | −$2.1m |
| Free cash flow | −$43.1m | −$44.0m | −$60.2m | −$67.8m | −$56.5m | −$27.1m | −$17.2m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $18.5m | — | — | — | — | — | −$20.2m | — |
| Operating income | $71.7m | −$34.0m | −$44.7m | −$55.4m | −$73.5m | −$19.6m | −$16.3m | −$19.9m |
| Net income | $59.9m | −$20.6m | −$40.4m | −$184.5m | −$74.3m | −$20.6m | −$16.1m | −$20.5m |
| Diluted earnings per share | 0.00 | -0.00 | -0.11 | -0.48 | -0.19 | -0.05 | -0.05 | -0.06 |
| Cash from operations | −$20.0m | — | −$11.0m | −$11.0m | −$10.0m | −$9.0m | −$13.0m | −$5.0m |
| Total assets | $180.9m | $184.9m | $181.6m | $175.6m | $173.7m | $64.5m | $63.0m | $61.3m |
| Cash and short-term investments | $98.7m | $119.7m | $117.6m | $115.6m | $115.8m | $2.3m | $3.5m | $360,000 |
| Debt | — | — | — | — | $2.5m | $10.0m | $11.8m | $9.2m |
| Shareholders' equity | −$27.4m | −$27.3m | −$33.4m | −$40.6m | $81.9m | −$16.8m | −$17.1m | −$21.5m |
Financial ratios
Data as of 27 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Operating margin | — | — | -102.4% | -120.5% | -152.7% | — |
| Net margin | — | — | -102.4% | -120.5% | -149.7% | — |
| Return on equity | 956.4% | 478.7% | -675.8% | -411.9% | -152.3% | -156.2% |
| Return on assets | -176.1% | -130.1% | -107.1% | -180.4% | -106.1% | -103.6% |
| Free cash flow yield | -4.6% | -5.6% | -8.1% | -10.3% | -10.3% | -5.6% |
| Revenue growth | — | — | -49.2% | 50.2% | — | — |
| Earnings growth | 290.3% | 11.1% | -56.8% | 21.0% | 149.5% | 31.5% |
| Current ratio | 1.98x | 0.10x | 0.28x | 1.19x | 3.33x | 1.32x |
| Debt to equity | — | -0.69x | — | 1.27x | 0.32x | — |
| Equity ratio | -18.4% | -27.2% | 15.8% | 43.8% | 69.7% | 66.3% |
| Interest coverage | -98.44x | -30.47x | -94.42x | -153813.68x | -143.76x | -1068.00x |
| R&D as a share of sales | — | — | — | 9.6% | 10.8% | — |
| Buybacks as a share of market value | -19.5% | -5.0% | -14.9% | -18.0% | -17.5% | -2037.5% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Operating income | 22.0% | — | — |
| Net income | 23.2% | 41.4% | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Price to earnings | -7.4 | -4.4 | -4.6 | -1.2 | -3.3 |
| Price to sales | — | — | 4.7 | 1.4 | 5.0 |
Market value over time
30 Jun 2020 to 26 Oct 2026, in USD
$97.0m$1.04bn
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Return | 803% | -33% | 93% | -67% | -81% |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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