M 
1.08
+1.89%
Close of 9 Nov 2026, in USD
Search any instrument
Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.
At a glance
Figures in CAD, from our data supplier.
Revenue
C$15.3m
FY2017FY2026
Net income
−C$13.7m
FY2017FY2026
Free cash flow
−C$12.7m
FY2017FY2026
Shareholders' equity
C$11.7m
FY2017FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | C$15.3m | C$24.5m | C$24.5m | C$20.7m | C$19.4m | C$17.9m | C$14.7m | C$10.9m | C$5.4m | C$2.6m |
| Research and development | C$4.9m | C$4.9m | C$4.0m | C$14.1m | C$7.7m | C$2.0m | C$467,292 | C$485,845 | C$509,248 | C$660,408 |
| Operating income | −C$14.7m | −C$34.0m | −C$13.8m | −C$25.6m | −C$16.7m | −C$4.2m | −C$4.3m | −C$6.2m | −C$4.9m | −C$1.4m |
| Net income | −C$13.7m | −C$30.2m | −C$26.1m | −C$26.6m | −C$16.7m | −C$7.3m | −C$5.2m | −C$7.6m | −C$5.2m | −C$5.4m |
| Diluted earnings per share | -0.29 | -0.66 | -0.93 | -1.06 | -0.67 | -0.38 | -0.33 | -0.56 | -0.43 | -0.59 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | C$21.3m | C$44.4m | C$60.0m | C$77.8m | C$93.5m | C$67.0m | C$27.3m | C$28.3m | C$24.6m | C$3.9m |
| Cash and short-term investments | C$11.3m | C$10.7m | C$3.5m | C$8.3m | C$30.0m | C$41.8m | C$2.6m | C$5.5m | C$1.8m | C$2.6m |
| Total liabilities | C$9.6m | C$20.8m | C$26.1m | C$20.0m | C$18.4m | C$10.0m | C$12.2m | C$10.3m | C$11.9m | C$836,915 |
| Debt | C$3.5m | C$13.4m | C$13.7m | C$14.3m | C$2.8m | C$4.3m | C$4.5m | C$2.9m | C$3.8m | — |
| Shareholders' equity | C$11.7m | C$23.6m | C$33.9m | C$57.8m | C$75.3m | C$56.9m | C$15.1m | C$18.1m | C$12.7m | C$3.1m |
| Shares outstanding | 47m | 46m | 28m | 25m | 25m | 19m | 16m | 14m | 12m | 9m |
Cash flow
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −C$12.3m | −C$6.4m | −C$4.2m | −C$19.8m | −C$9.9m | −C$600,000 | −C$1.4m | −C$3.2m | −C$3.4m | −C$721,651 |
| Capital spending | −C$391,896 | −C$799,000 | −C$1.4m | −C$1.5m | −C$1.3m | −C$1.4m | −C$575,642 | −C$645,058 | −C$345,487 | −C$530,750 |
| Free cash flow | −C$12.7m | −C$7.2m | −C$5.6m | −C$21.3m | −C$11.2m | −C$2.0m | −C$2.0m | −C$3.9m | −C$3.8m | −C$1.3m |
| Dividends paid | — | — | — | — | — | — | — | — | — | −C$90,000 |
Latest quarters
By quarter end
| Jul 2026 | Apr 2026 | Jan 2026 | Oct 2025 | Jul 2025 | Apr 2025 | Jan 2025 | Oct 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | C$3.9m | C$4.1m | C$4.1m | C$4.1m | C$3.2m | C$7.0m | C$6.2m | C$2.7m |
| Operating income | −C$6.2m | −C$4.3m | −C$3.6m | −C$2.8m | −C$4.2m | −C$1.5m | −C$3.3m | −C$4.2m |
| Net income | −C$6.2m | −C$3.8m | −C$3.9m | −C$3.2m | −C$3.0m | −C$2.2m | −C$21.5m | −C$2.6m |
| Diluted earnings per share | -0.13 | -0.08 | -0.08 | -0.07 | -0.06 | -0.05 | -0.47 | -0.09 |
| Cash from operations | −C$4.0m | −C$2.0m | −C$2.0m | −C$2.0m | −C$4.0m | −C$1.0m | −C$1.0m | −C$2.0m |
| Total assets | C$17.3m | C$21.3m | C$17.1m | C$26.1m | C$40.7m | C$44.4m | C$45.5m | C$60.0m |
| Cash and short-term investments | C$7.6m | C$11.3m | C$10.4m | C$16.5m | C$32.4m | C$10.7m | C$12.9m | C$3.5m |
| Debt | C$483,199 | C$456,226 | C$315,326 | C$721,467 | C$413,000 | C$1.9m | C$1.7m | C$4.8m |
| Shareholders' equity | C$6.9m | C$11.7m | C$11.0m | C$17.7m | C$20.7m | C$23.6m | C$25.1m | C$32.7m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -9.5% | -3.1% | 23.2% |
| Operating income | -16.9% | 28.6% | — |
| Net income | -19.7% | 13.4% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | -122.2% | -103.6% | -89.0% | -79.5% |
| Net margin | -110.4% | -113.7% | -98.7% | -91.1% |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | |
|---|---|---|
| Price to earnings | -4.9 | -2.8 |
| Price to sales | 4.4 | 3.4 |
Share price return
Finished calendar years
| 2025 | |
|---|---|
| Return | -18% |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
Nothing here is investment advice. Prices can be delayed or wrong, so check with the exchange before relying on them. Data for this page. How we cover markets.