0.86
-0.56%
Close of 9 Nov 2026, in USD
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At a glance
Figures in USD, from our data supplier.
Revenue
$13.7m
FY2016FY2025
Net income
−$6.9m
FY2016FY2025
Free cash flow
−$4.9m
FY2016FY2025
Shareholders' equity
$7.0m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $13.7m | $21.7m | $25.0m | $27.1m | $16.2m | $18.3m | $12.1m | $9.4m | $13.0m | $13.3m |
| Operating income | −$7.0m | −$5.1m | −$862,000 | $2.2m | $5.6m | −$4.7m | −$6.9m | −$4.1m | $868,000 | −$3.5m |
| Net income | −$6.9m | −$5.6m | −$961,000 | $5.5m | $6.3m | −$4.8m | −$12.4m | −$1.8m | $1.2m | −$3.6m |
| Diluted earnings per share | -0.62 | -0.55 | -0.10 | 0.55 | 0.66 | -0.57 | -1.50 | -0.21 | 0.14 | -0.44 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $20.8m | $30.7m | $35.4m | $37.2m | $24.4m | $15.2m | $18.3m | $31.4m | $33.0m | $31.6m |
| Cash and short-term investments | $2.9m | $4.5m | $2.8m | $12.8m | $11.3m | $4.6m | $4.6m | $6.7m | $21.7m | $16.7m |
| Total liabilities | $13.8m | $17.6m | $16.7m | $18.1m | $14.9m | $17.1m | $17.0m | $15.1m | $14.8m | $17.8m |
| Debt | $264,000 | $7,000 | $47,000 | $266,000 | $502,000 | $512,000 | $1.6m | $42,000 | $40,000 | $165,000 |
| Shareholders' equity | $7.0m | $13.0m | $18.7m | $19.1m | $9.5m | −$2.0m | $1.3m | $16.2m | $18.2m | $13.7m |
| Shares outstanding | 11m | 10m | 10m | 10m | 9m | 8m | 8m | 8m | 8m | 8m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −$1.9m | $4.7m | $1.9m | $7.3m | $831,000 | $750,000 | −$2.1m | −$5.1m | −$2.1m | $1.8m |
| Capital spending | −$3.1m | −$3.5m | −$11.6m | −$10.2m | −$1.9m | −$3.1m | −$1.8m | −$11.1m | −$1.2m | −$1.8m |
| Free cash flow | −$4.9m | $1.2m | −$9.7m | −$2.9m | −$1.1m | −$2.4m | −$4.0m | −$16.2m | −$3.3m | $5,000 |
| Dividends paid | — | — | −$599,000 | −$149,000 | −$149,000 | −$149,000 | −$149,000 | — | — | — |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $3.4m | $2.5m | $2.7m | $3.0m | $3.2m | $3.6m | $4.5m | $4.3m |
| Operating income | −$671,000 | −$1.4m | −$1.5m | −$2.5m | −$1.6m | −$1.4m | −$948,000 | −$1.9m |
| Net income | −$440,000 | −$1.1m | −$1.4m | −$2.4m | −$1.6m | −$1.2m | −$1.9m | −$1.9m |
| Diluted earnings per share | -0.03 | -0.08 | -0.13 | -0.22 | -0.14 | -0.11 | -0.19 | -0.19 |
| Cash from operations | — | — | −$1.0m | — | — | — | — | $1.0m |
| Capital spending | — | — | — | — | — | — | −$2.0m | −$1.0m |
| Free cash flow | — | — | — | — | — | — | — | $0 |
| Total assets | $21.5m | $21.5m | $21.5m | $20.8m | $23.8m | $24.4m | $26.0m | $30.7m |
| Cash and short-term investments | $4.5m | $4.0m | $3.6m | $2.9m | $1.2m | $1.4m | $2.0m | $4.5m |
| Debt | — | — | — | $78,000 | $109,000 | $153,000 | — | $68,000 |
| Shareholders' equity | $8.9m | $8.1m | $8.2m | $7.0m | $8.6m | $10.1m | $11.3m | $13.0m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -20.3% | -5.7% | -2.4% |
| Operating income | — | 8.6% | 9.4% |
| Net income | — | 7.8% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | -34.3% | -12.3% | -8.1% | -14.1% |
| Net margin | -35.2% | -9.0% | -5.3% | -11.6% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -1.8 | -2.7 | -25.3 | 5.3 | 4.4 | -1.3 | -0.4 | -3.6 | 8.5 | -2.2 |
| Price to sales | 0.9 | 0.7 | 1.0 | 1.1 | 1.7 | 0.3 | 0.4 | 0.7 | 0.8 | 0.6 |
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Return | -26% | -34% | -26% | 21% | 253% | 19% | -32% | -26% | 20% | -13% |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 23 Aug 2023.
| FY2023 | FY2022 | FY2008 | FY2007 | FY2006 | FY2005 | FY2004 | FY2002 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.06 | 0.015 | 0.225 | 0.25 | 0.175 | 0.098 | 0.142 | 0.025 |
- 3-for-1 split · 15 Nov 2005
- 2-for-1 split · 31 Jan 2005
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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