B 
0.96
+3.80%
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
$16.5m
FY2016FY2025
Net income
−$33.4m
FY2016FY2025
Free cash flow
−$9.8m
FY2016FY2025
Shareholders' equity
$139.4m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $16.5m | $4.1m | $1.3m | $1.7m | $1.2m | $72,524 | — | — | $4,480 | $355,212 |
| Research and development | $679,434 | $755,813 | $687,288 | $611,758 | $712,736 | $45,450 | — | — | — | — |
| Operating income | −$6.0m | −$8.2m | −$3.7m | −$4.7m | −$17.1m | −$2.2m | −$1.6m | −$990,169 | −$1.6m | −$44.3m |
| Net income | −$33.4m | −$1.3m | $7.8m | −$15.9m | −$16.0m | −$2.6m | −$1.6m | −$826,420 | −$45.5m | −$44.3m |
| Diluted earnings per share | -0.71 | -0.08 | 0.51 | -1.21 | -2.46 | -0.53 | -0.71 | -0.63 | -37.04 | -1,366.21 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $214.6m | $38.2m | $27.1m | $9.9m | $14.1m | $1.6m | $421,353 | $63,153 | $589,424 | $98,071 |
| Cash and short-term investments | $1.5m | $38.1m | $26.7m | $4.1m | $5.1m | $524,135 | $396,001 | $52,117 | $520,453 | $95,267 |
| Total liabilities | $75.2m | $4.2m | $980,900 | $586,412 | $2.0m | $508,605 | $605,113 | $319,146 | $75,997 | $45.3m |
| Debt | $73.3m | — | — | — | — | $131,941 | $159,854 | $200,000 | — | $3.3m |
| Shareholders' equity | $139.4m | $34.0m | $26.2m | $9.3m | $12.1m | $1.0m | −$183,760 | −$255,993 | $513,427 | −$45.3m |
| Shares outstanding | 47m | 16m | 15m | 13m | 7m | 5m | 2m | 1m | 1m | 0m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −$9.8m | −$3.5m | −$3.6m | −$776,777 | −$4.9m | −$2.1m | −$1.1m | −$505,619 | −$1.5m | −$828,459 |
| Capital spending | −$12,759 | −$2,648 | −$5,276 | −$5,408 | −$10,491 | −$4 | −$10,491 | −$2,598 | −$1,485 | −$14,582 |
| Free cash flow | −$9.8m | −$3.5m | −$3.6m | −$782,185 | −$4.9m | −$2.1m | −$1.1m | −$508,217 | −$1.5m | −$843,041 |
| Dividends paid | −$2.7m | — | — | −$630,801 | −$45,541 | — | −$95,708 | −$5,600 | — | — |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.4m | $2.1m | $7.1m | $4.9m | $2.8m | $1.7m | $2.3m | $739,157 |
| Operating income | −$1.7m | −$2.4m | −$83.8m | −$1.6m | $4.1m | −$1.6m | −$4.5m | −$1.6m |
| Net income | −$34.9m | −$69.2m | −$85.6m | $65.6m | $3.9m | −$17.3m | $2.2m | −$9.0m |
| Diluted earnings per share | -0.70 | -1.39 | -1.83 | 1.40 | 0.08 | -0.37 | 0.14 | -0.56 |
| Cash from operations | $1.0m | −$2.0m | −$3.0m | −$2.0m | −$1.0m | −$1.0m | −$1.0m | — |
| Total assets | $89.3m | $129.0m | $214.6m | $298.9m | $40.8m | $21.0m | $38.2m | $26.5m |
| Cash and short-term investments | $262,436 | $284,631 | $1.5m | $4.5m | $40.1m | $20.4m | $38.1m | $26.0m |
| Debt | $13.5m | $56.4m | $73.3m | $67.6m | $8.8m | — | — | — |
| Shareholders' equity | $38.8m | $72.1m | $139.4m | $225.4m | $31.1m | $20.6m | $34.0m | $25.2m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 113.6% | 196.0% | 41.7% |
| Operating income | 8.8% | 22.7% | -3.1% |
| Net income | 28.1% | 67.2% | 12.7% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | -68.8% | -95.4% | -168.0% | — |
| Net margin | -168.4% | -180.8% | -246.2% | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -3.7 | -31.6 | 3.2 | -0.5 | -1.3 | -3.5 | -0.9 | -4.5 | -1.1 | -0.0 |
| Price to sales | 7.5 | 9.9 | 18.6 | 4.9 | 16.9 | 125.2 | — | — | — | 1.1 |
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Return | 15% | 64% | 88% | -76% | 71% | 182% | -80% | -92% | 306% | -73% |
Dividends and splits
Per share, in the currency the company pays
Paid for 1 years. Last went ex-dividend on 26 Sept 2025.
| FY2025 | FY2022 | |
|---|---|---|
| Paid in the year | 0.05 | 0.05 |
- 10-to-1 reverse split · 17 Aug 2021
- 30-to-1 reverse split · 10 Apr 2019
- 60-to-1 reverse split · 15 Feb 2017
- 300-to-1 reverse split · 5 Feb 2014
- 8.6-for-1 split · 6 Apr 2010
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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