Valuation
Is the price right?2/3 inputs reported · Partial data
- Share count up 100.1% (existing holders diluted)
Weaker than most peers on:
- ▼ Earnings yield
Behind the score
Sector-normalized EBITDA, earnings, and free cash flow yields.
Bringing the fundamentals into focus…
Price as of close on Nov 3, 2026 · Financials updated Oct 1, 2026
2/3 inputs reported · Partial data
Weaker than most peers on:
Sector-normalized EBITDA, earnings, and free cash flow yields.
Insufficient data: 1 of 3 inputs reported (at least 2 needed). We leave it blank rather than fill the gap with a made-up middle value.
Insufficient data: 1 of 3 inputs reported (at least 2 needed). We leave it blank rather than fill the gap with a made-up middle value.
2/3 inputs reported · Partial data
Stronger than most peers on:
Relative to sector peers: 0 = lower relative risk · 1 = moderate · 2 = higher. Based on leverage, beta and liquidity.
Valuation, growth and profitability scores: higher is better. Risk: 0 is lower, 2 is higher. Risk is a relative proxy, not a bankruptcy probability. Scores depend on available sector peers.
Got weaker
| Previous quarter | Latest quarter | Change | |
|---|---|---|---|
| Net income (12 months) | −39.9M USD | −13.0M USD | −67.4% |
| Cash | 131.7M USD | 118.3M USD | −10.2% |
| Shares outstanding | 92.7M | 185.4M | +100.1% |
From the company’s own SEC filings, as filed. Twelve-month figures roll forward one quarter at a time.
Valuations in Biotechnology are within their usual range since 2016.
Earnings-based measures are left out for now because many companies in Biotechnology are losing money.
| Key ratios | FY Sep 2021 | FY Sep 2022 | FY Sep 2023 | FY Sep 2024 | FY Sep 2025 | Change |
|---|---|---|---|---|---|---|
| Return on assets (ROA) | -23.5% | -31.4% | -30.8% | -31.7% | -44.7% | ▼ 13 pts |
| Return on equity (ROE) | -25.1% | -33.7% | -33.5% | -35.8% | -48.9% | ▼ 13 pts |
Price history is added with the daily price update and will appear after the next one.