F 
3.47
+5.47%
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
$3.8m
FY2016FY2025
Net income
−$4.6m
FY2016FY2025
Free cash flow
−$2.6m
FY2016FY2025
Shareholders' equity
$44.0m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.8m | $2.2m | $21.7m | $23.9m | $25.1m | $368,726 | $941,117 | $888,670 | $10.5m | $34.4m |
| Research and development | — | $312,865 | $340,408 | $2.7m | $698,116 | — | — | — | — | — |
| Operating income | −$34.0m | −$33.9m | −$9.4m | −$13.6m | −$13.2m | −$29.9m | −$7.6m | −$12.2m | −$99.1m | $2.6m |
| Net income | −$4.6m | −$33.0m | −$33.7m | −$13.6m | −$13.6m | $88.9m | −$25.2m | −$170.0m | −$102.6m | −$5.3m |
| Diluted earnings per share | -14.64 | -53.87 | -18.87 | -8.51 | -0.19 | 1.78 | -0.81 | -9.10 | -21.59 | -1,080.20 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $53.3m | $35.5m | $60.9m | $85.0m | $91.7m | $15.9m | $116.0m | $62.9m | $190.7m | $261.7m |
| Cash and short-term investments | $2.4m | $4.8m | $18.4m | $27.1m | $52.5m | $9.4m | $190,867 | $253,800 | $4.6m | $1.1m |
| Total liabilities | $9.3m | $22.9m | $18.5m | $19.3m | $10.8m | $7.2m | $204.1m | $149.6m | $157.7m | $91.5m |
| Debt | $1.9m | $925,047 | $2.3m | $4.6m | $1.3m | $1.6m | $1.6m | $38.3m | $45.9m | $43.9m |
| Shareholders' equity | $44.0m | $14.5m | $44.0m | $67.0m | $81.4m | $8.8m | −$92.4m | −$86.7m | $12.6m | $135.0m |
| Shares outstanding | 0m | 1m | 2m | 2m | 70m | 50m | 31m | 19m | 5m | 0m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −$2.5m | −$11.1m | −$14.6m | −$2.7m | −$17.4m | −$7.2m | −$10.1m | −$4.9m | $23.7m | −$34.4m |
| Capital spending | −$3,720 | −$34,053 | −$65,657 | −$589,033 | −$3.2m | −$2,940 | −$48,009 | −$5,006 | −$5,006 | −$18.1m |
| Free cash flow | −$2.6m | −$11.2m | −$14.7m | −$3.3m | −$20.6m | −$7.2m | −$10.2m | −$4.9m | $23.7m | −$52.5m |
| Dividends paid | — | — | — | — | — | — | — | — | — | −$8.0m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $333,409 | $212,612 | $1.3m | $1.3m | $605,282 | $552,977 | −$12.3m | $1.0m |
| Operating income | −$1.9m | −$1.3m | $546,284 | −$2.1m | −$1.3m | −$31.1m | −$24.4m | −$4.4m |
| Net income | −$1.9m | −$1.3m | $66,815 | −$2.0m | $1.9m | −$4.6m | −$23.0m | −$4.9m |
| Diluted earnings per share | -5.05 | -3.34 | 0.21 | -6.23 | 5.87 | -14.50 | -37.58 | -7.97 |
| Cash from operations | −$1.0m | −$1.0m | −$2.0m | — | $1.0m | — | −$7.0m | −$2.0m |
| Total assets | $52.9m | $51.9m | $53.3m | $54.3m | $24.6m | $23.6m | $35.5m | $53.4m |
| Cash and short-term investments | $35.6m | $34.6m | $2.4m | $37.0m | $5.8m | $4.4m | — | $6.5m |
| Debt | $3.2m | $1.8m | $1.9m | $1.9m | $619,640 | $588,301 | — | $1.5m |
| Shareholders' equity | $44.4m | $43.5m | $44.0m | $43.4m | $14.5m | $10.9m | $14.5m | $37.4m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -45.7% | 59.7% | -26.8% |
| Operating income | 35.8% | 2.6% | — |
| Net income | -30.3% | — | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | -1134.3% | -176.3% | -174.1% | -113.7% |
| Net margin | -627.5% | -164.6% | -12.4% | -147.4% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -3.4 | -3.7 | -62.1 | -139.1 | -21935.0 | -1788.8 | -214.5 | -618.1 | -10.8 | — |
| Price to sales | 4.1 | 56.2 | 96.3 | 79.4 | — | — | — | — | 1.7 | 370.2 |
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Return | -68% | -68% | -65% | -48% | -53% | 374% | -19% | -87% | 7% | 37% |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years.
- 4-to-1 reverse split · 31 Aug 2026
- 4-to-1 reverse split · 13 Jul 2026
- 4-to-1 reverse split · 20 Jan 2026
- 10-to-1 reverse split · 4 Apr 2025
- 5-to-1 reverse split · 1 Feb 2023
- 8-to-1 reverse split · 16 Mar 2016
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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