A
4.32
+2.13%
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
$913,000
FY2017FY2026
Net income
−$14.4m
FY2017FY2026
Free cash flow
−$14.3m
FY2017FY2026
Shareholders' equity
$16.2m
FY2017FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $913,000 | $1.0m | $1.7m | $750,000 | $869,000 | $334,000 | $488,000 | $127,000 | $86,000 | $2.3m |
| Research and development | $6.5m | $8.1m | $6.8m | $5.6m | $2.8m | $2.7m | $3.4m | $3.6m | $6.1m | $5.6m |
| Operating income | −$14.1m | −$14.7m | −$13.3m | −$11.1m | −$8.6m | −$7.9m | −$8.1m | −$8.4m | −$13.3m | −$12.1m |
| Net income | −$14.4m | −$13.8m | −$11.7m | −$9.6m | −$7.6m | −$7.6m | −$8.3m | −$7.5m | −$13.3m | −$11.6m |
| Diluted earnings per share | -8.07 | -8.26 | -7.12 | -5.91 | -4.69 | -4.80 | -15.72 | -38.01 | -85.00 | -85.60 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $20.5m | $27.0m | $37.6m | $47.7m | $56.2m | $65.6m | $5.9m | $3.7m | $5.1m | $18.8m |
| Cash and short-term investments | $11.3m | $18.2m | $31.9m | $42.1m | $52.6m | $63.3m | $3.3m | $1.6m | $4.1m | $13.1m |
| Total liabilities | $4.3m | $4.9m | $2.8m | $3.0m | $3.0m | $4.4m | $5.3m | $984,000 | $1.1m | $2.1m |
| Debt | $2.3m | $2.7m | $300,000 | $607,000 | $1.0m | $2.8m | $4.0m | — | — | — |
| Shareholders' equity | $16.2m | $22.1m | $34.8m | $44.7m | $53.2m | $61.2m | $625,000 | $2.7m | $4.0m | $16.8m |
| Shares outstanding | 2m | 2m | 2m | 2m | 2m | 2m | 1m | 0m | 0m | 0m |
Cash flow
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −$13.5m | −$13.0m | −$9.7m | −$7.6m | −$6.8m | −$7.4m | −$6.9m | −$8.5m | −$10.8m | −$8.8m |
| Capital spending | −$879,000 | −$833,000 | −$579,000 | −$1.8m | −$596,000 | −$211,000 | −$211,000 | −$211,000 | −$19,000 | −$499,000 |
| Free cash flow | −$14.3m | −$13.8m | −$10.3m | −$9.5m | −$7.4m | −$7.6m | −$7.1m | −$8.7m | −$10.8m | −$9.3m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $126,000 | $343,000 | $148,000 | $297,000 | $220,000 | $534,000 | $261,000 | $34,000 |
| Operating income | −$3.2m | −$3.5m | −$3.9m | −$3.5m | −$2.9m | −$3.9m | −$4.3m | −$3.6m |
| Net income | −$3.3m | −$3.8m | −$3.9m | −$3.5m | −$2.9m | −$3.6m | −$4.0m | −$3.3m |
| Diluted earnings per share | -1.83 | -2.11 | -2.34 | -2.07 | -1.75 | -2.17 | -2.45 | -2.00 |
| Cash from operations | −$2.0m | −$3.0m | −$3.0m | −$3.0m | −$2.0m | −$3.0m | −$3.0m | −$3.0m |
| Total assets | $20.5m | $16.2m | $19.7m | $23.2m | $27.0m | $27.5m | $31.0m | $34.4m |
| Cash and short-term investments | $11.3m | $6.6m | $10.1m | $13.9m | $18.2m | $20.9m | $24.7m | $28.3m |
| Debt | $282,000 | $275,000 | $268,000 | $384,000 | $405,000 | $66,000 | $81,000 | $149,000 |
| Shareholders' equity | $16.2m | $12.2m | $15.5m | $19.1m | $22.1m | $24.8m | $28.1m | $32.1m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 6.8% | 22.3% | -10.2% |
| Operating income | 8.5% | 12.3% | 0.2% |
| Net income | 14.4% | 13.7% | 1.0% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | -1471.6% | -1216.0% | -1249.6% | -1112.5% |
| Net margin | -1441.2% | -1133.1% | -1160.6% | -1050.8% |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -0.5 | -0.4 | -0.9 | -1.4 | -2.1 | -4.3 | -3.4 | -1.4 | -1.7 | -0.7 |
| Price to sales | 7.8 | 5.5 | 6.6 | 18.5 | 18.5 | 96.7 | 57.5 | 84.3 | 259.4 | 3.5 |
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Return | -50% | -14% | -15% | -52% | -63% | 3% | -45% | 62% | -54% | 5% |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years.
- 30-to-1 reverse split · 5 Dec 2022
- 5-to-1 reverse split · 16 Oct 2017
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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