E 
7.31
+9.76%
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
$65.9m
FY2016FY2025
Net income
−$85.6m
FY2016FY2025
Free cash flow
−$108.7m
FY2016FY2025
Shareholders' equity
$678.4m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $65.9m | $78.1m | $37.9m | $12.5m | $3.2m | $1.7m | $5.9m | $31.7m | $31.0m | $54.6m |
| Research and development | — | — | — | — | — | — | — | $9.9m | $8.8m | $21.1m |
| Operating income | −$101.2m | −$37.2m | −$32.4m | −$59.8m | $1.5m | −$26.9m | −$40.6m | −$24.0m | −$26.1m | −$37.7m |
| Net income | −$85.6m | −$47.8m | $99.9m | −$59.8m | $1.5m | −$27.8m | −$38.0m | −$25.2m | −$27.8m | −$39.4m |
| Diluted earnings per share | -0.37 | -0.27 | 0.61 | -0.38 | 0.01 | -0.20 | -0.35 | -0.27 | -0.37 | -0.57 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $1.41bn | $612.0m | $401.9m | $273.9m | $315.4m | $183.2m | $175.7m | $196.8m | $185.3m | $196.5m |
| Cash and short-term investments | $861.8m | $119.5m | $190.5m | $75.0m | $113.0m | $22.4m | $17.6m | $41.7m | $18.6m | $16.9m |
| Total liabilities | $729.3m | $80.3m | $22.7m | $29.5m | $19.9m | $25.7m | $45.1m | $51.9m | $58.1m | $58.6m |
| Debt | $675.7m | — | — | — | — | — | $16.9m | $15.9m | $27.5m | $29.6m |
| Shareholders' equity | $678.4m | $527.8m | $375.2m | $240.4m | $291.6m | $153.8m | $126.9m | $144.9m | $123.4m | $134.1m |
| Shares outstanding | 233m | 176m | 163m | 158m | 150m | 137m | 108m | 92m | 75m | 69m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −$89.5m | −$53.0m | −$15.9m | −$49.7m | −$29.3m | −$32.2m | −$44.4m | −$7.8m | −$10.3m | −$12.0m |
| Capital spending | −$19.3m | −$29.4m | −$44.7m | −$2.0m | −$1.4m | −$626,999 | −$627,000 | −$106,999 | −$107,000 | −$259,999 |
| Free cash flow | −$108.7m | −$82.3m | −$60.6m | −$51.7m | −$30.7m | −$32.8m | −$45.0m | −$7.9m | −$10.4m | −$12.3m |
| Dividends paid | — | — | — | — | — | −$415,000 | — | — | — | — |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $25.1m | $35.8m | $27.1m | $17.7m | $4.2m | $16.9m | $39.9m | $4.0m |
| Operating income | −$30.6m | −$14.5m | −$22.1m | −$26.7m | −$26.2m | −$26.2m | −$23.0m | −$10.5m |
| Net income | −$33.4m | −$10.8m | −$20.8m | −$16.7m | −$21.8m | −$26.3m | −$32.9m | −$12.1m |
| Diluted earnings per share | -0.14 | -0.05 | -0.09 | -0.07 | -0.09 | -0.11 | -0.19 | -0.07 |
| Cash from operations | −$26.0m | $8.0m | −$13.0m | −$21.0m | −$25.0m | −$19.0m | −$42.0m | −$7.0m |
| Capital spending | −$12.0m | −$11.0m | −$18.0m | −$15.0m | −$2.0m | −$8.0m | −$1.0m | −$5.0m |
| Free cash flow | −$38.0m | −$3.0m | −$31.0m | −$36.0m | −$27.0m | −$27.0m | −$43.0m | −$12.0m |
| Total assets | $1.53bn | $1.46bn | $1.41bn | $758.3m | $702.5m | $650.8m | $612.0m | $400.4m |
| Cash and short-term investments | $936.8m | $910.7m | $861.8m | $235.3m | $197.9m | $162.6m | $119.5m | $148.6m |
| Debt | $681.3m | $676.7m | $675.7m | — | — | — | $693,000 | $228,000 |
| Shareholders' equity | $792.6m | $723.3m | $678.4m | $703.2m | $640.2m | $580.8m | $527.8m | $372.7m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 74.0% | 108.9% | 0.7% |
| Operating income | 19.2% | 30.3% | 21.6% |
| Net income | 12.7% | 25.3% | 0.4% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | -96.0% | -118.5% | -128.4% | -103.8% |
| Net margin | -92.6% | -48.0% | -60.0% | -86.6% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -39.5 | -18.9 | 11.7 | -16.4 | — | -21.1 | -5.4 | -6.6 | -3.1 | -1.8 |
| Price to sales | 51.3 | 11.6 | 30.8 | 78.2 | 359.0 | 352.9 | 35.0 | 5.3 | 2.8 | 1.3 |
Market value over time
30 Nov 2016 to 15 Oct 2026, in USD
$78.0m$1.99bn
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Return | 161% | -24% | 21% | -19% | 109% | 82% | -1% | 62% | 7% | -40% |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years.
- 50-to-1 reverse split · 5 Nov 2013
- 10-to-1 reverse split · 5 Jul 2001
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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