S 
1.92
-0.52%
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
$6.0m
FY2016FY2025
Net income
−$40.9m
FY2016FY2025
Free cash flow
−$61.3m
FY2016FY2025
Shareholders' equity
$300.9m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $6.0m | $520,000 | $644,000 | $787,000 | $522,000 | $661,000 | $1.5m | $478,000 | — | — |
| Research and development | $3.5m | $3.7m | $2.9m | $4.3m | $6.0m | $4.6m | $8.1m | $9.9m | $14.4m | $3.6m |
| Operating income | −$40.3m | −$13.9m | −$12.4m | −$15.5m | −$18.1m | −$14.1m | −$24.0m | −$26.7m | −$28.0m | −$9.3m |
| Net income | −$40.9m | −$11.7m | −$8.8m | −$14.1m | −$18.1m | −$14.1m | −$9.8m | −$28.6m | −$28.0m | −$6.9m |
| Diluted earnings per share | -1.85 | -3,261.67 | -4,657.89 | -70,360.00 | -181,320.00 | — | — | — | — | — |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $303.9m | $3.5m | $7.7m | $17.3m | $14.1m | $6.5m | $10.3m | $27.8m | $6.8m | $4.0m |
| Cash and short-term investments | $7.3m | $1.1m | $5.2m | $14.5m | $11.0m | $3.3m | $5.5m | $25.6m | $5.6m | $2.6m |
| Total liabilities | $3.0m | $2.5m | $5.3m | $9.1m | $2.8m | $2.7m | $4.5m | $18.0m | $14.3m | $4.1m |
| Debt | — | $12,000 | $57,000 | $110,000 | $3,000 | $91,000 | $637,000 | $13.8m | $1.0m | $4.5m |
| Shareholders' equity | $300.9m | $1.1m | $2.4m | $8.2m | $11.3m | $3.9m | $5.8m | $9.9m | −$7.5m | −$16,193 |
| Shares outstanding | 22m | 0m | 0m | 0m | 0m | — | — | — | — | — |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −$16.5m | −$11.0m | −$10.4m | −$14.3m | −$13.4m | −$11.7m | −$21.0m | −$19.6m | −$19.3m | −$7.9m |
| Capital spending | −$44.8m | −$5,000 | −$29,000 | −$17,000 | −$54,000 | −$63,000 | −$278,000 | −$440,000 | −$190,000 | −$7.9m |
| Free cash flow | −$61.3m | −$11.0m | −$10.4m | −$14.3m | −$13.4m | −$11.8m | −$21.3m | −$20.1m | −$19.5m | −$15.9m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.5m | $3.6m | $5.2m | $697,000 | $43,000 | $49,000 | $152,000 | $51,000 |
| Operating income | −$8.7m | −$1.7m | $325.6m | −$4.9m | −$9.2m | −$4.0m | −$3.1m | −$4.1m |
| Net income | −$30.3m | −$99.8m | $325.6m | −$352.8m | −$9.8m | −$3.8m | −$3.9m | −$3.7m |
| Diluted earnings per share | -0.39 | -1.28 | 14.77 | -16.00 | -0.45 | -0.17 | -1,091.11 | -1,023.89 |
| Cash from operations | −$11.0m | −$4.0m | −$6.0m | −$4.0m | −$2.0m | −$3.0m | −$2.0m | −$2.0m |
| Total assets | $176.1m | $200.7m | $303.9m | $475.9m | $7.9m | $3.5m | $3.5m | $5.6m |
| Cash and short-term investments | $3.6m | $4.4m | $7.3m | $124.1m | $6.1m | $1.1m | $1.1m | $3.5m |
| Debt | — | — | — | — | — | — | $12,000 | $23,000 |
| Shareholders' equity | $165.6m | $197.9m | $300.9m | −$152.4m | $6.0m | $1.3m | $1.1m | $3.8m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 97.0% | 55.5% | — |
| Operating income | 37.4% | 23.4% | 15.8% |
| Net income | 42.7% | 23.7% | 19.5% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | -828.5% | -1030.4% | -1249.3% | — |
| Net margin | -805.1% | -948.2% | -1178.2% | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -1.6 | -0.0 | -0.1 | -0.0 | -0.0 | -95565.0 | -355212.5 | -387621.5 | -532485.9 | -1212673.6 |
| Price to sales | 10.6 | 0.3 | 1.3 | 0.2 | 1.3 | — | — | — | — | — |
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Return | -89% | -94% | -35% | -90% | -61% | -35% | -81% | -9% | 53% | 61% |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years.
- 50-to-1 reverse split · 1 Jul 2025
- 15-to-1 reverse split · 2 May 2025
- 50-to-1 reverse split · 17 Aug 2023
- 35-to-1 reverse split · 4 Jan 2021
- 5-to-1 reverse split · 23 Jan 2018
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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