B
0.74
+2.31%
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
$28.2m
FY2016FY2025
Net income
−$27.0m
FY2016FY2025
Free cash flow
−$10.9m
FY2016FY2025
Shareholders' equity
$24.8m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $28.2m | $49.3m | $67.4m | $22.0m | $9.0m | $6.2m | $5.1m | $6.2m | $1.4m | $2.8m |
| Research and development | $600,000 | $1.8m | $2.3m | $1.2m | $360,586 | $261,610 | $412,590 | $3,585 | $1,772 | $3,459 |
| Operating income | −$16.8m | −$11.7m | −$16.3m | −$19.7m | −$6.6m | −$5.2m | −$3.3m | −$2.5m | −$2.6m | −$2.8m |
| Net income | −$27.0m | −$11.3m | −$16.1m | −$19.7m | −$6.6m | −$5.2m | −$3.9m | −$3.6m | −$3.0m | −$2.6m |
| Diluted earnings per share | -1.41 | -0.76 | -1.12 | -1.94 | -0.74 | -0.59 | -0.75 | -1.24 | -1.19 | -1.08 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $42.7m | $61.5m | $77.6m | $37.7m | $30.7m | $32.9m | $7.3m | $3.5m | $3.2m | $2.1m |
| Cash and short-term investments | $969,000 | $4.6m | $10.4m | $1.7m | $21.9m | $26.7m | $3.8m | $244,024 | $403,475 | $8,568 |
| Total liabilities | $17.9m | $20.2m | $28.1m | $14.5m | $4.7m | $3.8m | $1.5m | $6.0m | $3.6m | $3.4m |
| Debt | $1.5m | $1.9m | $1.3m | $1.7m | $2.1m | $2.4m | $572,881 | $3.1m | $2.6m | $1.9m |
| Shareholders' equity | $24.8m | $41.3m | $49.5m | $23.2m | $26.0m | $29.2m | $5.8m | −$2.5m | −$349,262 | −$1.4m |
| Shares outstanding | 19m | 15m | 14m | 10m | 9m | 9m | 5m | 3m | 3m | 2m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −$10.5m | −$2.2m | −$13.3m | −$18.1m | −$6.4m | −$4.1m | −$4.8m | −$712,456 | −$3.4m | −$1.8m |
| Capital spending | −$418,000 | −$828,000 | −$1.1m | −$1.0m | −$582,000 | −$358,901 | −$109,586 | −$82,549 | −$26,365 | −$153,197 |
| Free cash flow | −$10.9m | −$3.0m | −$14.4m | −$19.1m | −$7.0m | −$4.5m | −$4.9m | −$795,005 | −$3.5m | −$2.0m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $8.6m | $3.1m | $9.0m | $5.8m | $7.1m | $6.3m | $8.5m | $11.5m |
| Operating income | −$3.0m | −$6.7m | −$2.6m | −$4.9m | −$4.5m | −$15.5m | −$5.1m | $1.3m |
| Net income | −$3.1m | −$6.9m | −$2.3m | −$4.9m | −$4.3m | −$15.5m | −$4.6m | $1.3m |
| Diluted earnings per share | -0.14 | -0.31 | -0.12 | -0.25 | -0.22 | -0.81 | -0.31 | 0.09 |
| Cash from operations | −$2.0m | −$2.0m | −$3.0m | −$4.0m | — | −$1.0m | — | −$2.0m |
| Total assets | $38.2m | $40.0m | $42.7m | $44.6m | $46.7m | $46.8m | $61.5m | $67.3m |
| Cash and short-term investments | $1.0m | $2.0m | — | $3.3m | $3.4m | $2.5m | — | $4.9m |
| Debt | $510,000 | $824,000 | $131,000 | $725,000 | $974,000 | $785,000 | $199,000 | $1.1m |
| Shareholders' equity | $20.3m | $21.5m | $24.8m | $26.5m | $26.9m | $26.7m | $41.3m | $46.4m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 8.7% | 35.4% | 26.7% |
| Operating income | -5.3% | 26.3% | 25.5% |
| Net income | 11.1% | 39.0% | 30.8% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | -36.6% | -38.6% | -41.8% | -44.5% |
| Net margin | -49.4% | -44.3% | -47.1% | -50.4% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -1.1 | -4.2 | -6.4 | -9.0 | -25.3 | -124.0 | -6.2 | -7.9 | -6.3 | -6.7 |
| Price to sales | 1.0 | 0.9 | 1.5 | 8.1 | 18.5 | 104.1 | 4.8 | 4.6 | 13.5 | 6.3 |
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Return | -49% | -51% | -64% | -11% | -60% | 1132% | -57% | 22% | 4% | 17% |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years.
- 50-to-1 reverse split · 16 Apr 2019
- 3.25-for-1 split · 30 Apr 2010
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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