C 
4.38
+10.89%
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
$200,000
FY2017FY2025
Net income
−$26.2m
FY2017FY2025
Free cash flow
−$18.6m
FY2017FY2025
Shareholders' equity
−$17.6m
FY2017FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $200,000 | $342,000 | $654,000 | $473,000 | $723,000 | $206,000 | — | — | — |
| Research and development | $14.0m | $20.1m | $26.7m | $31.9m | $28.4m | $15.2m | $8.8m | $6.6m | — |
| Operating income | −$23.5m | −$35.4m | −$44.9m | −$48.4m | −$50.0m | −$20.2m | −$16.3m | −$323,940 | −$2,390 |
| Net income | −$26.2m | −$39.4m | −$49.5m | −$29.9m | −$9.7m | −$19.3m | −$16.2m | −$277,311 | −$2,387 |
| Diluted earnings per share | -2.65 | -5.67 | -7.69 | -8.41 | -3.13 | -5.37 | -4.65 | -0.02 | -0.00 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Total assets | $18.1m | $27.3m | $52.3m | $44.5m | $63.1m | $68.2m | $14.9m | $47.2m | — |
| Cash and short-term investments | $5.2m | $12.2m | $35.0m | $23.3m | $50.3m | $59.3m | $8.8m | $743,783 | — |
| Total liabilities | $35.7m | $36.2m | $39.0m | $41.3m | $50.5m | $67.9m | $10.0m | $42.2m | — |
| Debt | $21.7m | $20.8m | $32.2m | $31.8m | $24.0m | $4.3m | $2.9m | $3.2m | — |
| Shareholders' equity | −$17.6m | −$8.9m | $13.4m | $3.2m | $12.6m | $341,000 | $4.9m | $5.0m | — |
| Shares outstanding | 10m | 7m | 6m | 4m | 3m | 4m | 3m | 12m | 12m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −$18.5m | −$21.3m | −$30.2m | −$39.0m | −$34.6m | −$18.9m | −$13.2m | −$205,372 | — |
| Capital spending | −$39,000 | −$15,000 | −$330,000 | −$5.2m | −$1.3m | −$387,000 | −$294,000 | −$752,000 | — |
| Free cash flow | −$18.6m | −$21.3m | −$30.5m | −$44.2m | −$36.0m | −$19.3m | −$13.5m | −$957,372 | — |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $90,000 | $15,000 | $77,000 | $15,000 | $27,000 | $81,000 | $91,000 | $87,000 |
| Operating income | −$5.3m | −$7.0m | −$8.3m | −$7.9m | −$6.6m | −$143,000 | −$8.7m | −$7.0m |
| Net income | −$13.4m | −$8.1m | −$9.2m | −$8.8m | −$7.4m | −$751,000 | −$13.5m | −$8.0m |
| Diluted earnings per share | -1.08 | -0.65 | -0.94 | -0.89 | -0.75 | -0.08 | -1.95 | -1.15 |
| Cash from operations | −$2.0m | −$4.0m | −$4.0m | −$3.0m | −$4.0m | −$5.0m | −$4.0m | −$3.0m |
| Total assets | $23.0m | $21.7m | $18.1m | $22.3m | $22.1m | $25.3m | $27.3m | $31.6m |
| Cash and short-term investments | $9.7m | $5.9m | $5.2m | $7.9m | $7.3m | $9.8m | $12.2m | $14.6m |
| Debt | $19.5m | $19.0m | $18.4m | $17.8m | $17.1m | $17.0m | $16.7m | $18.5m |
| Shareholders' equity | −$24.8m | −$18.8m | −$17.6m | −$12.4m | −$8.6m | −$5.0m | −$8.9m | −$4.1m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -24.9% | -0.6% | — |
| Operating income | -21.4% | 3.1% | — |
| Net income | -4.4% | 6.3% | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Price to earnings | -2.2 | -0.9 | -0.8 | -1.5 | -16.1 | -24.8 | -27.7 | -5440.8 |
| Price to sales | 289.4 | 108.0 | 59.0 | 92.5 | 217.4 | — | — | — |
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|
| Return | 47% | -39% | -47% | -76% | -60% | 5% | 5% | 2% |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years.
- 20-to-1 reverse split · 11 Jul 2024
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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