V
6.23
+11.65%
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
$46.0m
FY2019FY2025
Net income
−$71.4m
FY2019FY2025
Free cash flow
−$30.0m
FY2019FY2025
Shareholders' equity
$38.2m
FY2019FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Revenue | $46.0m | $41.0m | $77.4m | $78.7m | $27.4m | $19.0m | $15.2m |
| Research and development | $10.7m | $17.1m | $42.0m | $46.3m | $27.0m | $14.2m | $14.6m |
| Operating income | −$66.9m | −$78.8m | −$125.4m | −$106.3m | −$57.8m | −$21.2m | −$25.3m |
| Net income | −$71.4m | −$69.7m | −$135.1m | $8.0m | −$107.1m | −$21.8m | −$25.7m |
| Diluted earnings per share | -3.35 | -0.22 | -341.35 | 0.04 | -2.73 | -1.36 | -1.64 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Total assets | $105.3m | $89.2m | $153.8m | $223.1m | $302.7m | $32.7m | $21.6m |
| Cash and short-term investments | $40.7m | $1.2m | $31.1m | $80.2m | $223.1m | $15.5m | $9.8m |
| Total liabilities | $67.2m | $49.5m | $85.5m | $84.3m | $192.3m | $140.5m | $20.6m |
| Debt | $33.1m | $5.9m | $33.4m | $8.2m | $8.1m | $8.0m | $7.6m |
| Shareholders' equity | $38.2m | $39.7m | $68.3m | $138.8m | $110.4m | −$107.8m | $1.0m |
| Shares outstanding | 21m | 323m | 0m | 203m | 39m | 16m | 16m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Cash from operations | −$27.3m | −$32.7m | −$105.6m | −$124.0m | −$56.4m | −$26.4m | −$16.4m |
| Capital spending | −$2.7m | −$9,000 | −$3.2m | −$19.4m | −$18.1m | −$3.4m | −$345,000 |
| Free cash flow | −$30.0m | −$32.7m | −$108.8m | −$143.4m | −$74.5m | −$29.9m | −$16.8m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $20.7m | $13.8m | $9.4m | $13.6m | $13.6m | $9.3m | $12.6m | $8.2m |
| Operating income | −$11.1m | −$6.9m | −$20.3m | −$10.6m | −$12.1m | −$24.3m | −$18.1m | −$11.9m |
| Net income | −$11.5m | −$7.0m | −$20.4m | −$11.8m | −$13.8m | −$25.4m | −$22.0m | −$22.9m |
| Diluted earnings per share | -0.39 | -0.24 | -0.96 | -0.56 | -0.65 | -1.19 | -0.07 | -0.07 |
| Cash from operations | −$21.0m | −$17.0m | −$7.0m | −$6.0m | −$1.0m | −$12.0m | −$2.0m | −$1.0m |
| Capital spending | −$3.0m | — | — | — | −$1.0m | — | — | — |
| Free cash flow | −$24.0m | — | — | — | −$2.0m | — | — | — |
| Total assets | $200.1m | $92.4m | $105.3m | $93.9m | $78.6m | $91.4m | $89.2m | $110.8m |
| Cash and short-term investments | $91.1m | $16.6m | $40.7m | $11.8m | $854,000 | $3.9m | $1.2m | $1.6m |
| Debt | $3.2m | $11.2m | $33.1m | $25.1m | $22.5m | $21.7m | $7.4m | $31.5m |
| Shareholders' equity | $146.5m | $51.5m | $38.2m | $30.2m | $21.5m | $32.9m | $39.7m | $34.7m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -16.4% | 19.4% | — |
| Operating income | -14.3% | 25.8% | — |
| Net income | — | 26.8% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | -167.5% | -155.2% | -157.6% | — |
| Net margin | -162.2% | -110.3% | -137.2% | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Price to earnings | -4.1 | -9.0 | -0.0 | — | -31.0 |
| Price to sales | 6.4 | 15.3 | 0.0 | 77.1 | 121.0 |
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Return | 342% | -70% | -67% | -66% | -34% |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years.
- 15-to-1 reverse split · 28 Jul 2025
- 35-to-1 reverse split · 13 Jun 2024
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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