V 
9.92
+2.16%
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
$162,000
FY2016FY2025
Net income
−$18.2m
FY2016FY2025
Free cash flow
−$15.7m
FY2016FY2025
Shareholders' equity
$22.5m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $162,000 | $5,000 | $7,000 | $48,000 | $35,000 | $302.6m | $85,000 | $63,000 | $1.5m | $1.6m |
| Research and development | $5.7m | $6.0m | $9.7m | $6.4m | $5.6m | $8.8m | $3.8m | $4.8m | $2.7m | $2.5m |
| Operating income | −$18.9m | −$20.4m | −$31.4m | −$22.1m | −$49.2m | $155.8m | −$19.7m | −$25.5m | −$17.3m | −$28.5m |
| Net income | −$18.2m | −$18.2m | −$27.9m | −$36.3m | −$42.9m | $280.4m | −$19.2m | −$25.4m | −$17.3m | −$28.6m |
| Diluted earnings per share | -4.34 | -5.05 | -7.70 | -10.15 | -12.05 | 78.93 | -5.53 | -7.60 | -5.88 | -9.95 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $31.1m | $49.6m | $60.4m | $153.0m | $186.5m | $234.8m | $7.5m | $11.8m | $7.2m | $18.9m |
| Cash and short-term investments | $21.5m | $38.1m | $53.5m | $152.0m | $169.3m | $221.3m | $5.5m | $9.4m | $4.6m | $15.9m |
| Total liabilities | $8.6m | $10.0m | $4.4m | $731,000 | $1.1m | $10.4m | $1.9m | $1.9m | $5.6m | $7.7m |
| Debt | — | $9.3m | $3.6m | — | $98,000 | $44,000 | $97,000 | — | — | — |
| Shareholders' equity | $22.5m | $39.6m | $56.0m | $152.2m | $185.4m | $224.4m | $5.6m | $9.9m | $1.6m | $11.1m |
| Shares outstanding | 4m | 4m | 4m | 4m | 4m | 4m | 3m | 3m | 3m | 3m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −$15.6m | −$15.3m | −$24.8m | −$16.9m | −$51.7m | $281.4m | −$15.1m | −$22.3m | −$14.9m | −$22.0m |
| Capital spending | −$17,000 | −$22,000 | −$65,000 | −$11,000 | −$11,000 | −$11,000 | −$14,000 | −$14,000 | −$14,000 | −$13,000 |
| Free cash flow | −$15.7m | −$15.3m | −$24.8m | −$16.9m | −$51.7m | $281.4m | −$15.1m | −$22.3m | −$15.0m | −$22.0m |
| Dividends paid | — | — | −$71.4m | −$71.4m | — | −$70.8m | — | — | — | — |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | — | $56,000 | $58,000 | $48,000 | — | — | $2,000 |
| Operating income | −$4.7m | −$4.5m | −$6.8m | −$4.1m | −$3.9m | −$4.0m | −$6.7m | −$4.4m |
| Net income | −$4.5m | −$4.4m | −$6.6m | −$4.3m | −$3.6m | −$3.7m | −$6.2m | −$3.8m |
| Diluted earnings per share | -1.20 | -1.15 | -1.57 | -1.03 | -0.86 | -0.88 | -1.73 | -1.07 |
| Cash from operations | −$3.0m | −$4.0m | −$5.0m | −$3.0m | −$2.0m | −$3.0m | −$5.0m | −$3.0m |
| Total assets | $23.0m | $26.7m | $31.1m | $38.0m | $41.8m | $45.1m | $49.6m | $55.6m |
| Cash and short-term investments | $13.9m | $17.2m | $21.5m | $28.2m | $31.2m | $34.2m | $38.1m | $43.8m |
| Debt | — | — | — | — | $1.3m | — | $6.6m | $6.5m |
| Shareholders' equity | $15.1m | $18.9m | $22.5m | $29.3m | $33.2m | $36.4m | $39.6m | $45.5m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 50.0% | -77.8% | -20.2% |
| Operating income | -5.0% | — | -4.2% |
| Net income | -20.5% | — | -4.6% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | -23555.1% | -41827.9% | 4.5% | -34.6% |
| Net margin | -21796.4% | -45284.2% | 45.2% | 5.6% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -3.9 | -1.6 | -0.9 | -1.1 | -1.8 | 0.5 | -5.7 | -2.6 | -5.2 | -1.8 |
| Price to sales | 432.9 | — | — | — | — | 0.5 | — | — | 58.3 | 33.8 |
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Return | 361% | -43% | -31% | -59% | -47% | 36% | 42% | -26% | 50% | 85% |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 18 Apr 2023.
| FY2023 | FY2020 | FY2010 | |
|---|---|---|---|
| Paid in the year | 40.00 | 20.00 | 10.00 |
- 20-to-1 reverse split · 26 Oct 2023
- 3-to-1 reverse split · 30 Oct 2007
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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