B 
1.05
+5.00%
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
$3.9m
FY2018FY2025
Net income
−$68.2m
FY2018FY2025
Free cash flow
−$26.1m
FY2018FY2025
Shareholders' equity
$35.0m
FY2018FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $3.9m | $701,967 | $202,670 | $120,627 | $2.9m | $1.1m | $10,000 | — |
| Research and development | — | — | — | — | — | $308,367 | $110,000 | $20,000 |
| Operating income | −$67.6m | −$48.2m | −$14.7m | −$14.3m | −$26.4m | −$5.1m | −$920,000 | −$60,000 |
| Net income | −$68.2m | −$49.4m | −$15.1m | −$15.2m | −$28.1m | −$6.3m | −$930,000 | −$60,000 |
| Diluted earnings per share | -15.88 | -31.76 | -12.75 | -15.22 | -28.10 | -1.46 | -0.12 | -0.01 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Total assets | $41.0m | $7.3m | $12.7m | $8.7m | $18.9m | $6.5m | $750,000 | $190,000 |
| Cash and short-term investments | $2.4m | $631,536 | $5.3m | $4.4m | $14.7m | $4.3m | $530,000 | $160,000 |
| Total liabilities | $6.0m | $9.5m | $3.9m | $5.0m | $2.3m | $2.1m | $370,000 | $10,000 |
| Debt | $347,754 | $5.6m | $2.1m | $2.7m | $861,610 | $1.3m | $300,000 | — |
| Shareholders' equity | $35.0m | −$2.2m | $8.8m | $3.7m | $16.6m | $4.4m | $380,000 | $180,000 |
| Shares outstanding | 4m | 2m | 1m | 1m | 1m | 4m | 8m | 8m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | −$25.3m | −$19.1m | −$10.1m | −$6.4m | −$7.6m | −$2.7m | −$690,000 | −$80,000 |
| Capital spending | −$834,116 | −$85,665 | −$2.2m | −$14,991 | −$238,297 | −$44,000 | — | — |
| Free cash flow | −$26.1m | −$19.2m | −$12.3m | −$6.4m | −$7.8m | −$2.8m | −$690,000 | −$80,000 |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.2m | $4.3m | $1.8m | $2.0m | $44,948 | $42,101 | $182,174 | $110,213 |
| Operating income | −$2.1m | $1.4m | −$8.1m | −$33.3m | $13.5m | −$5.4m | −$7.1m | −$11.6m |
| Net income | −$6.1m | −$1.8m | −$42.7m | −$33.6m | $13.4m | −$5.3m | −$13.5m | −$11.9m |
| Diluted earnings per share | -1.41 | -0.43 | -9.93 | -7.82 | 3.11 | -1.24 | -8.70 | -7.67 |
| Cash from operations | −$2.0m | −$1.0m | −$6.0m | −$12.0m | −$1.0m | −$4.0m | −$1.0m | −$5.0m |
| Total assets | $31.6m | $38.4m | $41.0m | $81.0m | $42.1m | $8.7m | $7.3m | $8.4m |
| Cash and short-term investments | $290,379 | $890,643 | $2.4m | $9.1m | $18.7m | $912,005 | $631,536 | $1.4m |
| Debt | $225,042 | $323,986 | $347,754 | $381,505 | $10.5m | $5.6m | $5.5m | $255,870 |
| Shareholders' equity | $27.5m | $33.3m | $35.0m | $75.5m | $23.1m | −$542,638 | −$2.2m | $6.4m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 219.4% | 29.8% | — |
| Operating income | 67.9% | 67.4% | — |
| Net income | 64.8% | 61.1% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | -2500.8% | -2921.5% | -1981.1% | — |
| Net margin | -2539.0% | -2984.9% | -2048.9% | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Price to earnings | -0.2 | -0.4 | -4.7 | -0.5 | -0.3 | -36.4 |
| Price to sales | 2.8 | 27.3 | 350.9 | 66.9 | 3.2 | 215.0 |
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Return | -69% | -85% | 744% | -34% | -78% | 2% |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years.
- 35-to-1 reverse split · 11 Dec 2025
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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