A 
0.94
-2.26%
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
$320,000
FY2016FY2025
Net income
−$11.2m
FY2016FY2025
Free cash flow
−$14.8m
FY2016FY2025
Shareholders' equity
$9.8m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $320,000 | — | — | — | — | — | $120,000 | $1.5m | $1.5m | $143,277 |
| Research and development | $6.6m | $6.1m | $7.1m | $6.9m | $14.2m | $4.2m | $6.4m | — | — | — |
| Operating income | −$12.6m | −$27.2m | −$17.1m | −$34.5m | −$26.6m | −$8.3m | −$15.7m | −$5.0m | −$3.8m | −$4.5m |
| Net income | −$11.2m | −$24.5m | −$11.9m | −$16.1m | −$26.6m | −$6.6m | −$14.3m | −$2.3m | −$4.9m | −$3.7m |
| Diluted earnings per share | -0.78 | -15.56 | -2,428.78 | -70,170.00 | -133,240.00 | -22,006.66 | -47,710.00 | — | — | — |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $18.3m | $22.6m | $11.9m | $14.5m | $49.6m | $33.4m | $31.6m | $38.6m | $2.1m | $6.5m |
| Cash and short-term investments | $14.7m | $19.5m | $166,000 | $2.0m | $19.9m | $298,000 | $1.5m | $237,378 | $536,027 | $2.1m |
| Total liabilities | $8.4m | $10.8m | $14.6m | $12.7m | $30.8m | $6.6m | $10.7m | $10.7m | $1.7m | $1.3m |
| Debt | $1.4m | $1.4m | $1.3m | $3.7m | $1.1m | $1.8m | $963,000 | $2.9m | — | — |
| Shareholders' equity | $9.8m | $11.8m | −$2.8m | $1.9m | $18.8m | $26.9m | $20.9m | $27.9m | $394,043 | $5.2m |
| Shares outstanding | 14m | 2m | 0m | — | — | — | — | — | — | — |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −$14.8m | −$17.4m | −$12.7m | −$16.8m | −$15.1m | −$7.3m | −$10.1m | −$4.2m | −$1.3m | −$4.0m |
| Capital spending | −$8,000 | −$298,000 | — | −$18,000 | −$18,000 | −$3,000 | −$8,000 | −$5,677 | −$37,000 | −$77,842 |
| Free cash flow | −$14.8m | −$17.6m | −$12.7m | −$16.8m | −$15.1m | −$7.3m | −$10.1m | −$4.2m | −$1.4m | −$4.1m |
| Dividends paid | — | — | −$11.0m | −$1.5m | — | — | — | — | — | — |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | $25,000 | $320,000 | — | — | — | $6,000 | — |
| Operating income | −$2.7m | −$2.7m | −$2.9m | −$2.5m | −$4.1m | −$3.0m | −$7.3m | −$12.3m |
| Net income | −$3.4m | −$2.8m | −$3.4m | −$2.8m | −$2.3m | −$2.7m | −$7.5m | −$11.6m |
| Diluted earnings per share | -0.21 | -0.17 | -0.23 | -0.20 | -0.16 | -0.19 | -4.73 | -7.35 |
| Cash from operations | −$2.0m | −$4.0m | −$3.0m | −$3.0m | −$5.0m | −$2.0m | −$3.0m | −$5.0m |
| Total assets | $32.1m | $34.9m | $18.3m | $20.8m | $21.2m | $29.7m | $22.6m | $20.4m |
| Cash and short-term investments | $17.0m | $19.8m | $14.7m | $16.9m | $17.8m | $25.2m | $19.5m | $18.5m |
| Debt | $22.3m | $21.5m | $1.4m | $1.4m | $1.4m | $1.4m | $1.4m | $1.3m |
| Shareholders' equity | $3.5m | $6.9m | $9.8m | $12.0m | $12.2m | $18.7m | $11.8m | $13.0m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | — | — | -1.2% |
| Operating income | -28.5% | 8.7% | 24.6% |
| Net income | -11.2% | 11.2% | 25.6% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Price to earnings | -1.4 | -0.1 | -0.1 | -63577.3 | -1351979.2 |
| Price to sales | 48.5 | — | — | — | — |
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| Return | 6% | -100% | -100% | -97% |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years.
- 30-to-1 reverse split · 11 Sept 2024
- 20-to-1 reverse split · 9 Apr 2024
- 40-to-1 reverse split · 29 Jun 2023
- 35-to-1 reverse split · 27 Mar 2023
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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