T 
0.11
+2.24%
Close of 9 Nov 2026, in EUR
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Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.
At a glance
Figures in EUR, from our data supplier.
Revenue
—
FY2016FY2025
Net income
−€3.3m
FY2016FY2025
Free cash flow
−€3.4m
FY2016FY2025
Shareholders' equity
−€1.6m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | — | €19,000 | €17,000 | — | €33,000 | €35 | €154 | — | €234,000 | €83,000 |
| Research and development | €1.4m | €2.3m | €2.7m | €8.1m | €10.7m | €4.0m | €496,000 | €479,000 | €402,000 | €1.0m |
| Operating income | −€2.9m | −€5.3m | −€5.6m | −€12.0m | −€13.3m | −€5.8m | −€3.9m | −€4.4m | −€4.7m | −€8.6m |
| Net income | −€3.3m | −€5.7m | −€6.7m | −€15.1m | −€14.5m | −€10.4m | −€861,000 | −€10.7m | −€5.4m | −€10.7m |
| Diluted earnings per share | -0.03 | -0.21 | -1.01 | -10.42 | -20.39 | -0.22 | -0.07 | -192.71 | -241.48 | -614.11 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | €2.1m | €3.4m | €2.5m | €5.2m | €9.8m | €10.7m | €1.7m | €4.5m | €929,000 | €2.9m |
| Cash and short-term investments | €2.0m | €3.2m | €2.2m | €4.6m | €9.5m | €10.3m | €1.4m | €4.3m | €690,000 | €2.2m |
| Total liabilities | €3.7m | €1.8m | €2.8m | €6.5m | €5.3m | €3.0m | €3.6m | €7.1m | €4.8m | €5.4m |
| Debt | €2.4m | €56,000 | €1.2m | €4.1m | €2.4m | €107,000 | €129,000 | €4.8m | €2.6m | €2.9m |
| Shareholders' equity | −€1.6m | €1.6m | −€294,000 | −€1.3m | €4.5m | €7.7m | −€1.8m | −€2.6m | −€3.9m | −€2.5m |
| Shares outstanding | 94m | 27m | 7m | 1m | 1m | 47m | 13m | 0m | 0m | 0m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −€3.4m | −€4.6m | −€5.6m | −€12.1m | −€12.4m | −€5.2m | −€4.3m | −€4.0m | −€4.2m | −€9.0m |
| Capital spending | — | −€16,000 | −€19,000 | −€21,000 | −€14,000 | −€39,000 | −€16,000 | −€9,000 | −€2,000 | −€21,000 |
| Free cash flow | −€3.4m | −€4.7m | −€5.7m | −€12.2m | −€12.4m | −€5.3m | −€4.3m | −€4.0m | −€4.2m | −€9.0m |
Latest quarters
By quarter end
| Jun 2026 | Dec 2025 | Jun 2025 | Dec 2024 | Jun 2024 | Dec 2023 | Sept 2023 | Jun 2023 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | −€27,000 | €27,000 | €19,000 | — | €17,000 | €8,500 | — |
| Operating income | −€224,000 | −€951,000 | −€2.0m | −€2.5m | −€2.7m | −€2.8m | −€1.4m | −€2.8m |
| Net income | −€507,000 | −€1.2m | −€2.1m | −€2.5m | −€3.2m | −€3.1m | −€1.5m | −€3.7m |
| Diluted earnings per share | -0.01 | -0.01 | -0.02 | -0.09 | -0.12 | -0.46 | -0.23 | -0.55 |
| Cash from operations | — | — | −€2.0m | −€1.0m | −€2.0m | — | — | — |
| Total assets | €1.2m | €2.1m | €2.3m | €3.4m | €2.9m | €2.5m | €2.5m | €3.5m |
| Cash and short-term investments | €1.0m | €2.0m | €2.1m | €3.2m | €2.7m | €2.2m | €2.2m | €3.0m |
| Debt | €2.9m | €2.4m | €1.9m | €56,000 | €123,000 | €1.2m | €1.1m | €2.3m |
| Shareholders' equity | −€2.6m | −€1.6m | −€570,000 | €1.6m | €1.6m | −€294,000 | −€294,000 | −€163,000 |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Operating income | -37.7% | -12.8% | -15.0% |
| Net income | -39.9% | -20.6% | -14.7% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -1.9 | -0.4 | -0.1 | -0.1 | -0.6 | -133.0 | -461.1 | -0.3 | -1.4 | -1.9 |
| Price to sales | — | 108.0 | 52.0 | — | 262.7 | — | — | — | 31.6 | 242.3 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years.
- 100-to-1 reverse split · 28 Jul 2022
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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