E 
7.18
-0.97%
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
$32.0m
FY2016FY2025
Net income
−$14.0m
FY2016FY2025
Free cash flow
−$8.3m
FY2016FY2025
Shareholders' equity
−$1.7m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $32.0m | $25.2m | $16.0m | $8.6m | $5.5m | $3.5m | $2.4m | $992,953 | $811,457 | $254,138 |
| Research and development | $2.7m | $2.4m | $5.3m | $5.5m | $2.5m | $4.2m | $9.9m | $12.5m | $7.8m | $8.0m |
| Operating income | −$13.7m | −$12.2m | −$18.8m | −$22.9m | −$20.0m | −$24.7m | −$46.1m | −$54.6m | −$28.9m | −$15.0m |
| Net income | −$14.0m | −$11.9m | −$18.8m | −$22.2m | −$17.2m | −$23.5m | −$45.1m | −$55.8m | −$35.8m | −$15.7m |
| Diluted earnings per share | -1.74 | -1.59 | -2.85 | -4.67 | -3.66 | -7.77 | -22.91 | -28.56 | -5.52 | -1.57 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $18.7m | $20.5m | $16.1m | $24.8m | $42.8m | $31.5m | $35.5m | $73.5m | $39.2m | $622,016 |
| Cash and short-term investments | $11.6m | $12.0m | $10.3m | $17.7m | $34.7m | $22.6m | $24.1m | $68.6m | $37.2m | $416,336 |
| Total liabilities | $20.4m | $12.9m | $8.7m | $7.7m | $6.2m | $7.9m | $10.6m | $7.3m | $128.7m | $61.7m |
| Debt | $9.4m | $4.1m | $626,000 | $699,000 | $761,000 | $2.8m | $2.0m | — | — | $7.3m |
| Shareholders' equity | −$1.7m | $7.5m | $7.4m | $17.1m | $36.6m | $23.0m | $24.3m | $65.6m | −$90.1m | −$61.1m |
| Shares outstanding | 8m | 7m | 7m | 5m | 5m | 3m | 2m | 2m | 6m | 10m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −$8.2m | −$6.9m | −$14.7m | −$16.6m | −$13.6m | −$20.1m | −$45.1m | −$47.1m | −$25.3m | −$13.2m |
| Capital spending | −$66,000 | — | −$206,000 | — | — | — | −$69,675 | −$278,921 | −$152,526 | −$152,526 |
| Free cash flow | −$8.3m | −$6.9m | −$14.9m | −$16.6m | −$13.6m | −$20.1m | −$45.1m | −$47.4m | −$25.5m | −$13.4m |
| Dividends paid | — | — | — | — | — | — | — | −$3.63bn | — | — |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $9.4m | $9.6m | $9.2m | $8.7m | $7.4m | $6.7m | $7.0m | $6.6m |
| Operating income | −$2.8m | −$5.3m | −$2.7m | −$3.2m | −$3.5m | −$3.8m | −$3.1m | −$2.7m |
| Net income | −$3.1m | −$5.3m | −$3.0m | −$3.4m | −$3.7m | −$3.9m | −$3.2m | −$2.5m |
| Diluted earnings per share | -0.33 | -0.56 | -0.38 | -0.43 | -0.46 | -0.48 | -0.43 | -0.33 |
| Cash from operations | −$3.0m | −$3.0m | −$1.0m | −$1.0m | — | −$4.0m | −$1.0m | −$1.0m |
| Total assets | $17.1m | $15.5m | $18.7m | $21.4m | $14.6m | $16.0m | $20.5m | $21.0m |
| Cash and short-term investments | $10.0m | $8.8m | $11.6m | $13.2m | $7.1m | $7.8m | $12.0m | $12.9m |
| Debt | $7.2m | $7.1m | $7.0m | $7.0m | $405,000 | $364,000 | $361,000 | $363,000 |
| Shareholders' equity | −$2.8m | −$5.7m | −$1.7m | −$1.1m | $1.1m | $4.4m | $7.5m | $9.5m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 55.1% | 55.7% | — |
| Operating income | -15.8% | -11.2% | — |
| Net income | -14.3% | -9.9% | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Price to earnings | -2.6 | -10.2 | -2.1 | -0.8 | -2.4 | -3.0 | -1.0 | -3.3 |
| Price to sales | 1.1 | 4.8 | 2.5 | 2.1 | 7.5 | 20.3 | 19.7 | 184.8 |
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|
| Return | -71% | 170% | 15% | -49% | -60% | 33% | -79% | -70% |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years.
- 15-to-1 reverse split · 15 Feb 2023
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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