B 
1.00
—
Close of 9 Nov 2026, in ILA
Search any instrument
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
$28.9m
FY2015FY2024
Net income
−$9.2m
FY2015FY2024
Free cash flow
−$43.9m
FY2015FY2024
Shareholders' equity
$13.5m
FY2015FY2024
Income statement
Fiscal years
| FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $28.9m | $4.8m | — | — | — | — | — | — | — | — |
| Gross profit | $19.7m | $1.1m | — | — | — | — | — | — | — | −$39,000 |
| Research and development | $8.7m | $11.9m | $17.0m | $18.8m | $17.3m | $22.6m | $19.4m | $19.1m | $10.7m | $11.0m |
| Operating income | −$19.4m | −$43.0m | −$29.2m | −$24.8m | −$22.9m | −$28.1m | −$25.6m | −$25.2m | −$16.5m | −$16.2m |
| Net income | −$9.2m | −$60.6m | −$25.0m | −$27.1m | −$30.0m | −$25.4m | −$23.0m | −$24.4m | −$15.8m | −$14.4m |
| Diluted earnings per share | -0.01 | -0.06 | -0.03 | -0.04 | -0.12 | -0.17 | -0.21 | -0.27 | -0.28 | -0.28 |
Balance sheet
At each fiscal year end
| FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $38.9m | $63.9m | $76.4m | $81.4m | $47.3m | $53.6m | $56.2m | $61.0m | $38.9m | $51.3m |
| Cash and short-term investments | $19.6m | $43.0m | $51.1m | $57.1m | $22.6m | $27.5m | $30.2m | $49.5m | $35.6m | $47.7m |
| Total liabilities | $25.4m | $50.7m | $25.5m | $13.3m | $25.3m | $20.2m | $14.9m | $8.1m | $3.9m | $3.7m |
| Debt | $15.0m | $11.6m | $12.3m | $4.7m | $7.7m | $10.5m | $8.7m | $250,000 | $343,000 | $437,000 |
| Shareholders' equity | $13.5m | $13.2m | $50.8m | $68.1m | $22.0m | $33.4m | $41.3m | $52.9m | $35.0m | $47.6m |
| Shares outstanding | 1,198m | 963m | 774m | 663m | 253m | 146m | 109m | 90m | 56m | 51m |
Cash flow
Fiscal years
| FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −$43.9m | −$22.6m | −$26.2m | −$23.6m | −$23.2m | −$22.7m | −$24.2m | −$20.5m | −$14.5m | −$14.2m |
| Capital spending | −$54,000 | −$297,000 | −$316,000 | −$97,000 | — | −$73,000 | −$10.2m | −$4.2m | −$55,000 | −$2.7m |
| Free cash flow | −$43.9m | −$22.9m | −$26.6m | −$23.7m | −$23.2m | −$22.7m | −$34.4m | −$24.8m | −$14.6m | −$16.9m |
Latest quarters
By quarter end
| Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | Jun 2024 | Mar 2024 | Dec 2023 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $427,000 | $304,000 | $255,000 | $11.7m | $4.9m | $5.4m | $6.9m | $4.8m |
| Gross profit | $343,000 | $232,000 | $221,000 | $5.7m | $4.1m | $4.5m | $5.4m | $1.1m |
| Operating income | −$2.2m | −$2.3m | −$2.4m | −$3.4m | −$5.4m | −$5.8m | −$4.8m | −$11.9m |
| Net income | −$977,000 | −$3.9m | $5.1m | −$3.2m | −$5.8m | $484,000 | −$696,000 | −$13.9m |
| Diluted earnings per share | -0.00 | -0.00 | 0.00 | -0.00 | -0.00 | 0.00 | -0.00 | -0.01 |
| Cash from operations | −$2.0m | — | −$2.0m | −$8.0m | −$9.0m | −$11.0m | −$14.0m | $4.0m |
| Total assets | $39.8m | $43.3m | $43.5m | $38.9m | $52.7m | $64.6m | $51.6m | $63.9m |
| Cash and short-term investments | $25.2m | $28.2m | $26.4m | $19.6m | $29.2m | $40.1m | $28.2m | $43.0m |
| Debt | $6.6m | $7.7m | $8.6m | $10.0m | $19.3m | $20.1m | $7.2m | $7.9m |
| Shareholders' equity | $19.5m | $20.1m | $20.9m | $13.5m | $8.5m | $14.0m | $13.1m | $13.2m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Operating income | -7.8% | -7.2% | 1.2% |
| Net income | -30.1% | -18.4% | -1.8% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 61.6% | — | — | — |
| Operating margin | -184.9% | — | — | — |
| Net margin | -207.0% | — | — | — |
Valuation history
At each fiscal year end
| FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -2.8 | -2.0 | -1.4 | -3.5 | -1.6 | -1.0 | -1.6 | -1.9 | -1.6 | -2.4 |
| Price to sales | 0.9 | 25.7 | — | — | — | — | — | — | — | — |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years.
- 10-to-1 reverse split · 7 Jun 2015
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
Nothing here is investment advice. Prices can be delayed or wrong, so check with the exchange before relying on them. Data for this page. How we cover markets.