B 
0.83
-3.86%
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
$747,000
FY2016FY2025
Net income
−$3.0m
FY2016FY2025
Free cash flow
−$4.8m
FY2016FY2025
Shareholders' equity
$6.8m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $747,000 | $43,000 | $420,000 | — | — | — | — | $150,000 | — | $843,000 |
| Research and development | $848,000 | $6.7m | $19.2m | $20.3m | $14.9m | $4.7m | $4.7m | $4.3m | $4.2m | $9.5m |
| Operating income | −$8.4m | −$12.0m | −$25.5m | −$27.7m | −$22.4m | −$10.6m | −$9.7m | −$9.5m | −$9.5m | −$14.2m |
| Net income | −$3.0m | −$11.2m | −$22.6m | −$21.2m | −$18.5m | −$8.4m | −$7.8m | −$7.3m | −$7.5m | −$11.8m |
| Diluted earnings per share | -0.65 | -291.22 | -6,265.28 | -6,056.57 | -6,835.93 | -6,032.14 | -39,150.00 | -36,440.00 | -37,350.00 | -2.87 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $8.2m | $4.1m | $8.8m | $28.1m | $43.1m | $36.8m | $15.3m | $19.8m | $26.0m | $19.7m |
| Cash and short-term investments | $3.5m | $3.1m | $3.4m | $18.3m | $36.6m | $33.4m | $11.9m | $17.5m | $24.0m | $16.7m |
| Total liabilities | $1.3m | $6.3m | $8.2m | $7.6m | $5.4m | $3.5m | $3.6m | $4.6m | $4.2m | $5.4m |
| Debt | $2,000 | — | $37,000 | $106,000 | $30,000 | $1.1m | $1.2m | — | — | — |
| Shareholders' equity | $6.8m | −$2.2m | $607,000 | $20.4m | $37.7m | $33.3m | $11.7m | $15.3m | $21.8m | $14.3m |
| Shares outstanding | 5m | 0m | 0m | 0m | 0m | 0m | 0m | 0m | 0m | 4m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −$4.8m | −$8.0m | −$16.1m | −$20.8m | −$18.5m | −$7.9m | −$9.4m | −$6.7m | −$7.5m | −$10.1m |
| Capital spending | — | — | −$6,000 | −$7,000 | −$27,000 | −$96,000 | −$10,000 | −$39,000 | −$13,000 | −$3,000 |
| Free cash flow | −$4.8m | −$8.0m | −$16.1m | −$20.8m | −$18.6m | −$8.0m | −$9.5m | −$6.7m | −$7.5m | −$10.1m |
| Dividends paid | −$61,000 | — | −$201,000 | −$201,000 | −$201,000 | −$201,000 | −$201,000 | −$201,000 | −$201,000 | −$200,000 |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $336,000 | $778,000 | $666,000 | $81,000 | — | — | — | $10,000 |
| Operating income | −$418,000 | −$246,000 | −$1.1m | −$992,000 | −$1.3m | −$5.0m | −$1.8m | −$2.2m |
| Net income | −$405,000 | −$197,000 | −$611,000 | −$988,000 | −$1.3m | −$81,000 | −$3.1m | −$2.0m |
| Diluted earnings per share | -0.07 | -0.04 | -0.13 | -0.21 | -0.29 | -0.02 | -79.27 | -50.83 |
| Cash from operations | — | — | — | — | −$1.0m | −$3.0m | −$1.0m | −$3.0m |
| Total assets | $7.9m | $7.6m | $8.2m | $8.2m | $4.4m | $3.7m | $4.1m | $5.4m |
| Cash and short-term investments | $3.8m | $3.3m | $3.5m | $3.8m | $4.3m | $3.5m | $3.1m | $3.0m |
| Shareholders' equity | $7.2m | $6.8m | $6.8m | $7.1m | $3.6m | $3.1m | −$2.2m | −$970,000 |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | — | — | -9.1% |
| Operating income | -32.7% | -4.5% | -6.3% |
| Net income | -47.9% | -18.7% | -14.5% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | -2586.2% | — | — | — |
| Net margin | -1798.7% | — | — | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -2.3 | -0.2 | -0.1 | -0.2 | -1.2 | -2.8 | -0.4 | -0.3 | -1.0 | -22804.8 |
| Price to sales | 9.1 | 49.5 | 3.3 | — | — | — | — | 16.9 | — | — |
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Return | -97% | -90% | -72% | -76% | -22% | -15% | -16% | -64% | -27% | -31% |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 13 Jul 2016.
| FY2016 | |
|---|---|
| Paid in the year | 540.00 |
- 15-to-1 reverse split · 7 Jul 2025
- 16-to-1 reverse split · 12 May 2025
- 15-to-1 reverse split · 18 Dec 2023
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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