V 
0.18
+12.58%
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
$1.3m
FY2017FY2026
Net income
−$69.7m
FY2017FY2026
Free cash flow
−$66.6m
FY2017FY2026
Shareholders' equity
$35.5m
FY2017FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.3m | $486,000 | $1.1m | −$227,300 | $1.1m | $1.1m | $334,000 | — | — | $1.3m |
| Gross profit | $1.3m | $486,000 | $1.1m | −$227,300 | $1.1m | $1.1m | −$103,100 | −$91,200 | — | $1.3m |
| Research and development | $55.0m | $39.4m | $20.0m | $44.4m | $35.4m | $11.9m | $13.3m | $17.1m | $7.8m | $5.2m |
| Operating income | −$72.1m | −$56.0m | −$33.0m | −$59.3m | −$47.8m | −$17.9m | −$20.0m | −$24.6m | −$14.3m | −$9.8m |
| Net income | −$69.7m | −$51.4m | −$29.4m | −$59.2m | −$47.8m | −$17.9m | −$20.8m | −$24.6m | −$14.3m | −$10.3m |
| Diluted earnings per share | -1.62 | -1.22 | -0.96 | -2.02 | -6.93 | -2.66 | -7.69 | -17.09 | -14.02 | -22.14 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $48.6m | $84.3m | $123.7m | $21.1m | $74.6m | $108.3m | $5.8m | $14.0m | $11.3m | $3.7m |
| Cash and short-term investments | $45.4m | $80.5m | $119.2m | $16.6m | $68.1m | $103.1m | $1.4m | $13.1m | $10.4m | $2.9m |
| Total liabilities | $13.0m | $14.0m | $9.4m | $9.0m | $9.9m | $16.3m | $11.5m | $6.9m | $4.4m | $3.1m |
| Debt | $1.0m | $1.5m | $2.1m | $2.7m | $3.0m | $3.7m | $4.1m | $66,600 | $65,800 | $69,100 |
| Shareholders' equity | $35.5m | $70.4m | $114.3m | $12.1m | $64.7m | $92.0m | −$5.7m | $7.1m | $6.9m | $615,800 |
| Shares outstanding | 43m | 42m | 31m | 29m | 7m | 7m | 3m | 1m | 1m | 0m |
Cash flow
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −$66.4m | −$42.1m | −$25.8m | −$49.7m | −$45.3m | −$12.1m | −$15.8m | −$14.5m | −$9.1m | −$7.3m |
| Capital spending | −$151,000 | −$191,000 | −$61,000 | −$212,000 | −$200,400 | −$275,400 | −$275,400 | −$174,000 | −$1,600 | −$239,100 |
| Free cash flow | −$66.6m | −$42.3m | −$25.9m | −$49.9m | −$45.5m | −$12.3m | −$16.0m | −$14.7m | −$9.1m | −$7.5m |
| Dividends paid | — | — | — | −$867.0m | −$945.1m | −$1.39bn | −$1.26bn | −$1.14bn | −$1.03bn | −$1.26bn |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.5m | $465,000 | $303,000 | $258,000 | $244,000 | −$15,000 | $234,000 | $183,000 |
| Gross profit | $1.3m | $465,000 | $114,000 | $258,000 | $75,000 | −$15,000 | $234,000 | $183,000 |
| Operating income | −$13.3m | −$16.7m | −$19.5m | −$20.1m | −$15.8m | −$14.5m | −$15.1m | −$14.2m |
| Net income | −$13.0m | −$16.3m | −$18.9m | −$19.4m | −$15.1m | −$13.6m | −$14.1m | −$13.0m |
| Diluted earnings per share | -0.30 | -0.38 | -0.45 | -0.46 | -0.36 | -0.32 | -0.46 | -0.42 |
| Cash from operations | −$14.0m | −$16.0m | −$17.0m | −$13.0m | −$18.0m | −$10.0m | −$10.0m | −$10.0m |
| Total assets | $35.7m | $48.6m | $65.1m | $80.9m | $68.9m | $84.3m | $92.3m | $102.5m |
| Cash and short-term investments | $31.7m | $45.4m | $61.8m | $77.2m | $63.2m | $80.5m | $88.6m | $97.6m |
| Debt | $720,000 | $795,000 | $996,000 | $1.3m | $1.6m | $561,000 | $603,000 | $525,000 |
| Shareholders' equity | $24.5m | $35.5m | $50.9m | $66.3m | $56.8m | $70.4m | $81.1m | $93.0m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | — | 3.1% | — |
| Operating income | 6.8% | 32.1% | 15.0% |
| Net income | 5.6% | 31.2% | 4.0% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 100.0% | 100.0% | 100.0% | — |
| Operating margin | -7299.1% | -8503.6% | -5972.8% | — |
| Net margin | -6900.5% | -8091.7% | -5749.6% | — |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -0.1 | -0.2 | -0.2 | -0.1 | -0.0 | -0.7 | -0.3 | -0.0 | -0.0 | -0.0 |
| Price to sales | 5.8 | 17.1 | 5.0 | -39.0 | 0.6 | 12.1 | 15.7 | — | — | 0.1 |
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Return | 62% | -57% | 188% | -94% | 35% | 68% | 323% | 12% | -67% | -40% |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years.
- 30-to-1 reverse split · 7 Jun 2023
- 20-to-1 reverse split · 14 Aug 2014
- 2-for-1 split · 10 Jun 2011
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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