X 
1.91
+1.06%
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
—
FY2016FY2025
Net income
−$45.5m
FY2016FY2025
Free cash flow
−$40.2m
FY2016FY2025
Shareholders' equity
$140.3m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | — | — | $300,000 | $4.0m | $18.4m | $44.0m | $12.7m | — | — | — |
| Research and development | $47.4m | $37.8m | $32.8m | $31.5m | $28.3m | $9.5m | $24.1m | $15.7m | $26.4m | $42.5m |
| Operating income | −$55.7m | −$42.5m | −$37.5m | −$34.5m | −$25.1m | −$18.3m | −$31.2m | −$21.0m | −$34.1m | −$52.8m |
| Net income | −$45.5m | −$38.5m | −$24.6m | −$32.9m | −$17.4m | −$11.2m | $668.6m | −$21.1m | −$33.1m | −$52.8m |
| Diluted earnings per share | -1.49 | -1.26 | -0.81 | -1.08 | -0.57 | -0.38 | 18.49 | -0.59 | -0.94 | -1.58 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $150.1m | $199.1m | $226.6m | $246.1m | $275.2m | $353.7m | $816.9m | $44.3m | $63.0m | $67.0m |
| Cash and short-term investments | $125.6m | $172.7m | $200.0m | $217.5m | $237.0m | $237.4m | $714.6m | $15.8m | $31.8m | $34.3m |
| Total liabilities | $9.7m | $16.8m | $7.8m | $5.7m | $5.8m | $5.1m | $61.2m | $2.9m | $2.8m | $8.0m |
| Debt | — | $10.3m | — | — | — | — | — | — | — | — |
| Shareholders' equity | $140.3m | $182.3m | $218.8m | $240.4m | $269.4m | $348.6m | $755.6m | $41.4m | $60.2m | $59.1m |
| Shares outstanding | 30m | 30m | 30m | 30m | 30m | 29m | 36m | 36m | 35m | 33m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −$39.9m | −$31.0m | −$18.7m | −$14.8m | $69.4m | −$65.1m | −$18.3m | −$16.5m | −$33.6m | −$46.0m |
| Capital spending | −$289,000 | −$1.3m | −$362,000 | −$585,000 | −$3.5m | −$3.7m | −$204,000 | −$122,000 | −$1.4m | −$13.9m |
| Free cash flow | −$40.2m | −$32.3m | −$19.1m | −$15.4m | $65.9m | −$68.9m | −$18.5m | −$16.7m | −$35.1m | −$59.9m |
| Dividends paid | — | — | — | — | −$75.0m | −$75.0m | −$75.0m | −$75.0m | — | — |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | — | — | — | — | $867,000 | — | — |
| Operating income | −$6.1m | −$6.3m | −$29.8m | −$6.0m | −$6.3m | −$13.6m | −$8.7m | −$7.9m |
| Net income | −$6.7m | −$5.5m | −$26.9m | −$6.0m | −$1.8m | −$10.9m | −$10.5m | −$5.0m |
| Diluted earnings per share | -0.22 | -0.18 | -0.88 | -0.20 | -0.06 | -0.36 | -0.34 | -0.16 |
| Cash from operations | −$4.0m | −$8.0m | −$22.0m | −$4.0m | −$5.0m | −$6.0m | −$6.0m | −$5.0m |
| Total assets | $133.7m | $139.8m | $150.1m | $172.4m | $178.7m | $181.9m | $199.1m | $209.9m |
| Cash and short-term investments | $109.5m | $115.5m | $125.6m | $147.4m | $152.9m | $155.9m | $172.7m | $183.1m |
| Debt | — | — | — | — | — | $10.3m | $10.3m | $10.0m |
| Shareholders' equity | $128.5m | $135.0m | $140.3m | $167.1m | $173.1m | $174.7m | $182.3m | $192.1m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Operating income | 17.3% | 25.0% | 4.0% |
| Net income | 11.4% | 32.3% | 2.0% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -1.6 | -3.1 | -5.0 | -3.3 | -19.4 | -41.0 | 1.0 | -8.7 | -4.2 | -1.3 |
| Price to sales | — | — | 405.8 | 26.6 | 18.4 | 10.5 | 53.2 | — | — | — |
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Return | -58% | 48% | 32% | -73% | -32% | -15% | 235% | 42% | 115% | -8% |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 15 Jul 2021.
| FY2021 | |
|---|---|
| Paid in the year | 0.025 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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