E 
1.83
+6.40%
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
$20.5m
FY2018FY2025
Net income
−$8.7m
FY2018FY2025
Free cash flow
−$4.3m
FY2018FY2025
Shareholders' equity
$48.4m
FY2018FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $20.5m | $18.2m | $9.2m | $17.4m | $23.4m | $15.2m | $5.2m | $3.2m |
| Research and development | $954,177 | $888,491 | $613,274 | $839,931 | — | — | — | — |
| Operating income | −$2.0m | −$2.3m | −$3.2m | −$6.5m | −$3.9m | $71,966 | $2.2m | $1.1m |
| Net income | −$8.7m | −$7.3m | −$6.8m | −$6.5m | −$3.0m | $147,174 | $1.9m | $512,541 |
| Diluted earnings per share | -955.21 | -1.47 | -2.66 | -4.41 | -2.19 | 0.17 | 2.49 | 0.66 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Total assets | $69.1m | $85.4m | $81.9m | $47.5m | $42.0m | $19.8m | $19.2m | $13.7m |
| Cash and short-term investments | $517,337 | $6.0m | $17.9m | $5.1m | $8.3m | $2.5m | $3.6m | $27,375 |
| Total liabilities | $18.1m | $24.4m | $15.4m | $14.0m | $9.5m | $6.7m | $6.8m | $7.1m |
| Debt | $11.4m | $14.7m | $6.1m | $2.8m | $310,395 | $299,315 | $27,324 | $5.8m |
| Shareholders' equity | $48.4m | $58.6m | $63.4m | $30.6m | $28.5m | $8.9m | $8.2m | $3.7m |
| Shares outstanding | 0m | 5m | 3m | 1m | 1m | 1m | 1m | 1m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | −$2.2m | −$10.3m | −$9.1m | −$10.4m | −$6.3m | $4.0m | −$2.7m | $952,453 |
| Capital spending | −$2.1m | −$4.1m | −$3.3m | −$234,259 | −$6.7m | −$2.3m | −$3.1m | −$42,073 |
| Free cash flow | −$4.3m | −$14.4m | −$12.4m | −$10.6m | −$13.0m | $1.7m | −$5.8m | $910,380 |
Latest quarters
By quarter end
| Jun 2026 | Sept 2025 | Mar 2025 | Dec 2024 | Sept 2024 | Jun 2024 | Mar 2024 | Dec 2023 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $6.4m | $13.9m | $6.6m | $3.3m | $11.4m | $6.3m | $6.8m | $4.3m |
| Operating income | −$3.1m | −$917,900 | −$1.0m | −$517,958 | −$560,028 | −$466,094 | −$1.8m | −$1.6m |
| Net income | −$3.6m | −$7.6m | −$1.1m | −$568,004 | −$3.2m | −$1.6m | −$4.1m | −$2.0m |
| Diluted earnings per share | -53.00 | -830.37 | -124.84 | -0.11 | -0.65 | -0.33 | -0.82 | -0.79 |
| Cash from operations | −$6.0m | −$2.0m | — | — | — | — | −$10.0m | −$5.0m |
| Capital spending | −$1.0m | — | −$1.0m | — | — | — | −$3.0m | −$1.0m |
| Free cash flow | −$7.0m | — | — | — | — | — | −$13.0m | −$6.0m |
| Total assets | $80.2m | $69.1m | $78.6m | $78.6m | $85.4m | $85.4m | $82.6m | $82.6m |
| Cash and short-term investments | $811,852 | $517,337 | $372,562 | $372,562 | $6.0m | $5.0m | $2.2m | $2.2m |
| Debt | $5.5m | $11.4m | $11.4m | $5.0m | $14.7m | $7.3m | $10.4m | $3.5m |
| Shareholders' equity | $59.1m | $48.4m | $55.0m | $55.0m | $58.6m | $58.6m | $60.1m | $60.1m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 5.6% | 6.1% | — |
| Operating income | -32.9% | — | — |
| Net income | 10.4% | — | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | -11.1% | -21.4% | -17.1% | — |
| Net margin | -41.3% | -44.8% | -30.8% | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Price to earnings | -0.5 | -1410.4 | -4383.3 | -2613.1 | -11768.4 |
| Price to sales | 0.2 | — | — | — | — |
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Return | -74% | -84% | 44% | -74% | -81% |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years.
- 3-to-1 reverse split · 5 Nov 2026
- 150-to-1 reverse split · 19 May 2026
- 25-to-1 reverse split · 21 Nov 2025
- 40-to-1 reverse split · 12 Apr 2024
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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