A
6.49
+5.70%
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
$7.9m
FY2017FY2025
Net income
−$37.7m
FY2017FY2025
Free cash flow
−$24.0m
FY2017FY2025
Shareholders' equity
$78.0m
FY2017FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $7.9m | $7.2m | $11.4m | $9.4m | $2.7m | $1.1m | $1.4m | $1.3m | $1.3m |
| Research and development | $9.9m | $4.0m | $4.8m | $4.5m | $3.2m | $418,000 | $414,000 | — | — |
| Operating income | −$36.5m | −$19.0m | −$19.1m | −$18.1m | −$9.2m | −$5.9m | −$654,000 | −$103,904 | −$245,000 |
| Net income | −$37.7m | −$17.0m | −$16.1m | −$16.6m | −$39.2m | −$6.0m | −$2.9m | −$103,933 | −$321,000 |
| Diluted earnings per share | -0.86 | -0.64 | -1.05 | -0.58 | -1.64 | -0.27 | -0.18 | -0.12 | -0.24 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Total assets | $85.2m | $18.9m | $8.5m | $12.7m | $14.1m | $8.9m | $10.0m | $247,676 | $1.4m |
| Cash and short-term investments | $69.6m | $13.7m | $2.3m | $2.6m | $8.5m | $5.4m | $5.9m | $247,676 | $157,000 |
| Total liabilities | $8.7m | $12.0m | $10.8m | $9.8m | $3.2m | $10.8m | $1.5m | $8,016 | $1.8m |
| Debt | $857,000 | $1.4m | $2.0m | $2.6m | $918,000 | $1.0m | $415,000 | — | $449,000 |
| Shareholders' equity | $78.0m | $13.9m | $2.5m | $5.3m | $11.5m | −$2.5m | $8.0m | $239,660 | −$387,000 |
| Shares outstanding | 44m | 27m | 15m | 29m | 24m | 22m | 16m | 1m | 1m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −$22.9m | −$11.7m | −$11.4m | −$9.4m | −$9.4m | −$1.0m | −$1.4m | −$62,569 | $410,000 |
| Capital spending | −$1.1m | −$139,999 | −$174,000 | −$727,000 | −$412,000 | −$233,000 | −$26,000 | −$75,000 | −$41,000 |
| Free cash flow | −$24.0m | −$11.9m | −$11.6m | −$10.2m | −$9.8m | −$1.2m | −$1.4m | −$137,569 | $369,000 |
| Dividends paid | — | — | — | — | — | — | — | — | −$26,000 |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $5.9m | $3.3m | $3.6m | $1.5m | $1.2m | $2.0m | $1.9m | $2.1m |
| Operating income | −$7.6m | −$8.0m | −$19.0m | −$4.1m | −$6.8m | −$7.5m | −$4.5m | −$3.5m |
| Net income | −$7.2m | −$8.1m | −$17.5m | −$1.3m | −$12.5m | −$6.4m | −$11.4m | −$3.2m |
| Diluted earnings per share | -0.16 | -0.18 | -0.40 | -0.03 | -0.29 | -0.15 | -0.43 | -0.12 |
| Cash from operations | −$12.0m | −$9.0m | −$9.0m | −$4.0m | −$5.0m | −$3.0m | −$3.0m | — |
| Total assets | $74.2m | $76.8m | $85.2m | $81.9m | $46.1m | $42.2m | $18.9m | $10.2m |
| Cash and short-term investments | $43.4m | $57.3m | — | $70.4m | $36.0m | $35.0m | $13.7m | $3.4m |
| Debt | $1.7m | $882,000 | $29,000 | $547,000 | $588,000 | $731,000 | $1.2m | $1.7m |
| Shareholders' equity | $64.8m | $69.5m | $78.0m | $72.6m | $32.7m | $32.5m | $13.9m | $5.8m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -5.5% | 49.2% | — |
| Operating income | 26.3% | 43.9% | — |
| Net income | 31.6% | 44.7% | — |
Valuation history
At each fiscal year end
| FY2025 | FY2018 | FY2017 | |
|---|---|---|---|
| Price to earnings | -4.8 | -33.0 | -9.3 |
| Price to sales | 23.1 | 2.6 | 2.3 |
Share price return
Finished calendar years
| 2025 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|
| Return | -15% | 92% | 33% | 678% |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years.
- 2.5-to-1 reverse split · 8 Oct 2024
- 3-to-1 reverse split · 20 Aug 2021
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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