I 
15.56
+17.79%
Close of 6 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
$4.9m
FY2016FY2025
Net income
−$8.2m
FY2016FY2025
Free cash flow
−$7.8m
FY2016FY2025
Shareholders' equity
$13.4m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $4.9m | $4.6m | $4.1m | $1.1m | — | — | — | — | — | — |
| Research and development | $2.9m | $3.8m | $3.7m | $7.3m | $5.3m | $5.8m | — | $1.5m | $560,000 | $290,000 |
| Operating income | −$7.9m | −$8.1m | −$8.4m | −$13.6m | −$9.9m | −$9.2m | −$10.3m | −$6.8m | −$3.4m | −$1.8m |
| Net income | −$8.2m | −$7.7m | −$8.0m | −$18.6m | −$10.2m | −$8.9m | −$10.0m | −$6.7m | −$3.4m | −$1.8m |
| Diluted earnings per share | -8.36 | -20.14 | -3.25 | -33.21 | -37.77 | -42.57 | -47.66 | -39.47 | -28.08 | -25.57 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $15.6m | $11.8m | $14.1m | $12.8m | $9.8m | $7.8m | $15.1m | $21.4m | $6.4m | $1.3m |
| Cash and short-term investments | $11.1m | $6.6m | $9.0m | $6.2m | $7.4m | $5.8m | $13.8m | $20.2m | $5.2m | $40,000 |
| Total liabilities | $2.1m | $2.6m | $2.0m | $3.7m | $2.4m | $1.9m | $1.2m | $710,000 | $290,000 | $460,000 |
| Shareholders' equity | $13.4m | $9.2m | $12.1m | $9.1m | $7.4m | $5.9m | $13.9m | $20.7m | $6.2m | $820,000 |
| Shares outstanding | 1m | 0m | 2m | 1m | 0m | 0m | 0m | 0m | 0m | 0m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −$7.8m | −$7.0m | −$7.3m | −$15.6m | −$9.8m | −$7.4m | −$6.6m | −$3.7m | −$2.3m | −$380,000 |
| Capital spending | — | −$9,300 | −$160,000 | −$40,000 | — | −$40,000 | −$30,000 | −$40,000 | −$20,000 | — |
| Free cash flow | −$7.8m | −$7.0m | −$7.4m | −$15.6m | −$9.8m | −$7.4m | −$6.7m | −$3.7m | −$2.3m | −$380,000 |
Latest quarters
By quarter end
| Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | Jun 2024 | Mar 2024 | Dec 2023 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.1m | $1.3m | $1.3m | $1.1m | $1.3m | $1.3m | $1.2m | $1.2m |
| Operating income | −$1.8m | −$1.8m | −$2.1m | −$2.2m | −$1.8m | −$2.0m | −$1.8m | −$1.7m |
| Net income | −$1.7m | −$1.8m | −$2.1m | −$2.6m | −$1.7m | −$1.9m | −$1.7m | −$1.5m |
| Diluted earnings per share | -0.44 | -1.20 | -1.94 | -3.64 | -2.71 | -4.04 | -3.58 | -3.71 |
| Total assets | $13.4m | $15.6m | $9.3m | $8.5m | $10.5m | $11.8m | $13.4m | $15.3m |
| Cash and short-term investments | $9.4m | $11.1m | $4.7m | $3.5m | $5.6m | $6.6m | $7.6m | $9.6m |
| Shareholders' equity | $11.6m | $13.4m | $7.0m | $6.2m | $8.4m | $9.2m | $11.1m | $12.8m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 65.5% | — | — |
| Operating income | -16.5% | -2.9% | 8.0% |
| Net income | -24.0% | -1.8% | 8.4% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | -168.3% | -257.4% | — | — |
| Net margin | -166.0% | -287.0% | — | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -1.3 | -2.4 | -25.6 | -12.2 | -111.4 | -248.3 | -400.4 | -685.1 | -4021.6 | -705.0 |
| Price to sales | 2.1 | 3.9 | 49.2 | 207.6 | — | — | — | — | — | — |
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Return | -70% | -37% | -79% | -93% | -55% | -50% | -32% | -61% | 489% | 3% |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years.
- 10-to-1 reverse split · 5 Nov 2026
- 20-to-1 reverse split · 14 Nov 2024
- 25-to-1 reverse split · 7 Sept 2022
- 33-to-1 reverse split · 6 Jul 2020
- 15-to-1 reverse split · 31 Dec 2009
- 10-to-1 reverse split · 14 Feb 2003
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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