B 
0.96
+6.67%
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
$703,000
FY2016FY2025
Net income
−$10.3m
FY2016FY2025
Free cash flow
−$7.0m
FY2016FY2025
Shareholders' equity
−$10.3m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $703,000 | $849,000 | — | — | — | — | −$366,000 | — | — | — |
| Gross profit | — | −$240,000 | −$265,000 | −$285,000 | −$260,000 | −$219,000 | −$732,000 | −$110,000 | −$85,000 | −$77,000 |
| Research and development | $4.2m | $4.4m | $10.5m | $14.0m | $15.2m | $22.3m | $17.2m | $8.3m | $977,000 | $2.3m |
| Operating income | −$10.0m | $11.6m | −$21.4m | −$24.8m | −$24.5m | −$31.7m | −$23.3m | −$14.1m | −$5.0m | −$5.1m |
| Net income | −$10.3m | $11.6m | −$17.2m | −$23.7m | −$24.5m | −$31.8m | −$23.3m | −$13.9m | −$5.0m | −$5.0m |
| Diluted earnings per share | -1.11 | 2.04 | -4.26 | -9.72 | -10.10 | -14.94 | -15.34 | -10.09 | -3.93 | -4.00 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $715,000 | $1.8m | $4.2m | $8.5m | $29.3m | $51.3m | $6.5m | $11.2m | $11.4m | $10.8m |
| Cash and short-term investments | $29,000 | $187,000 | $1.3m | $3.0m | $22.1m | $41.9m | $569,000 | $7.1m | $7.8m | $10.0m |
| Total liabilities | $11.0m | $9.6m | $9.1m | $11.5m | $9.9m | $15.8m | $18.8m | $6.2m | $5.5m | $864,000 |
| Debt | $208,000 | $720,000 | $1.3m | $4.1m | $5.1m | $7.2m | $2.4m | — | — | — |
| Shareholders' equity | −$10.3m | −$7.8m | −$4.9m | −$3.0m | $19.3m | $35.5m | −$12.2m | $5.0m | $5.9m | $9.9m |
| Shares outstanding | 9m | 6m | 4m | 2m | 2m | 2m | 2m | 1m | 1m | 1m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −$7.0m | −$9.1m | −$20.5m | −$19.3m | −$26.3m | −$35.2m | −$11.2m | −$12.4m | −$2.4m | −$5.9m |
| Capital spending | — | — | −$18,000 | −$29,000 | −$330,000 | −$378,000 | −$473,000 | −$369,000 | −$180,000 | −$103,000 |
| Free cash flow | −$7.0m | −$9.1m | −$20.5m | −$19.3m | −$26.6m | −$35.6m | −$11.7m | −$12.8m | −$2.5m | −$6.0m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | $178,000 | $703,000 | — | — | — | $849,000 | — |
| Gross profit | −$46,000 | −$37,000 | −$48,000 | — | — | −$52,000 | −$53,000 | −$59,000 |
| Operating income | −$3.6m | −$2.0m | −$2.2m | −$2.0m | −$2.6m | −$3.1m | −$3.2m | −$3.0m |
| Net income | −$3.9m | −$2.1m | −$2.4m | −$2.1m | −$2.9m | −$2.9m | −$3.0m | −$2.7m |
| Diluted earnings per share | -0.35 | -0.19 | -0.26 | -0.23 | -0.31 | -0.31 | -0.52 | -0.47 |
| Cash from operations | — | −$1.0m | — | −$1.0m | −$3.0m | −$1.0m | −$1.0m | −$3.0m |
| Capital spending | — | — | — | — | — | — | −$1.0m | — |
| Free cash flow | — | — | — | — | — | — | −$2.0m | — |
| Total assets | $472,000 | $571,000 | $715,000 | $872,000 | $2.6m | $3.6m | $1.8m | $2.0m |
| Cash and short-term investments | $22,000 | $15,000 | $29,000 | $5,000 | $824,000 | $1.6m | $187,000 | $168,000 |
| Debt | $1.4m | $1.5m | $1.4m | $377,000 | $482,000 | $1.6m | $549,000 | $570,000 |
| Shareholders' equity | −$11.6m | −$11.0m | −$10.3m | $822,000 | −$6.1m | −$7.5m | −$7.8m | −$6.1m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Operating income | -26.3% | -20.7% | 1.5% |
| Net income | -24.3% | -20.2% | 2.0% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | 108.1% | — | — | — |
| Net margin | 84.8% | — | — | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -0.5 | 1.1 | -0.9 | -0.7 | -0.9 | -0.7 | -0.2 | -0.3 | -0.8 | -0.5 |
| Price to sales | 7.3 | 15.3 | — | — | — | — | -13.9 | — | — | — |
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Return | -73% | -25% | -58% | -10% | -35% | 317% | 24% | -18% | 35% | -9% |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years.
- 15-to-1 reverse split · 1 Oct 2024
- 15-to-1 reverse split · 16 Sept 2014
- 2-for-1 split · 13 Aug 2003
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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