I 
0.54
-17.56%
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 USD, from our data supplier.
Revenue
$7.1m
FY2016FY2025
Net income
−$9.1m
FY2016FY2025
Free cash flow
−$7.5m
FY2016FY2025
Shareholders' equity
$7.3m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $7.1m | $5.8m | $5.6m | $7.5m | $7.3m | $6.6m | $13.6m | $10.3m | $6.9m | $6.1m |
| Research and development | $5.2m | $4.4m | $5.6m | $6.5m | $6.3m | $3.8m | $1.3m | $1.2m | $2.2m | $2.5m |
| Operating income | −$9.2m | −$8.4m | −$12.0m | −$16.3m | −$19.5m | −$6.5m | $4.5m | $2.5m | −$749,000 | −$1.4m |
| Net income | −$9.1m | −$7.8m | −$13.9m | −$16.2m | −$18.8m | −$6.5m | $4.5m | $2.3m | −$30,000 | −$1.6m |
| Diluted earnings per share | -0.45 | -1.26 | -8.90 | -0.78 | -1.00 | -7.65 | 0.29 | 0.15 | -0.00 | -0.12 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $10.4m | $11.5m | $6.2m | $9.3m | $9.2m | $19.9m | $6.8m | $4.1m | $1.5m | $1.3m |
| Cash and short-term investments | $3.6m | $4.9m | $139,000 | $3.0m | $4.1m | $16.7m | $3.3m | $1.7m | $224,000 | $64,000 |
| Total liabilities | $3.1m | $5.3m | $15.8m | $13.5m | $5.3m | $4.2m | $3.3m | $5.1m | $5.0m | $4.7m |
| Debt | $1.8m | $2.7m | $12.9m | $11.3m | $3.5m | $3.0m | $1.7m | $1.9m | $2.9m | $3.1m |
| Shareholders' equity | $7.3m | $6.3m | −$9.6m | −$4.2m | $3.9m | $15.7m | $3.6m | −$1.1m | −$3.5m | −$3.4m |
| Shares outstanding | 20m | 6m | 2m | 21m | 19m | 1m | 15m | 15m | 14m | 13m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −$6.8m | −$6.3m | −$7.8m | −$13.2m | −$16.6m | −$5.2m | $4.3m | $2.6m | $272,000 | −$1.2m |
| Capital spending | −$777,000 | −$1.8m | −$1.4m | −$1.5m | −$1.1m | −$320,000 | −$260,000 | −$202,000 | −$20,000 | −$47,000 |
| Free cash flow | −$7.5m | −$8.1m | −$9.2m | −$14.7m | −$17.7m | −$5.5m | $4.0m | $2.4m | $252,000 | −$1.3m |
| Dividends paid | — | — | — | −$9,000 | — | −$99,000 | −$714,000 | −$47,000 | −$33,000 | −$20,000 |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.5m | $888,000 | $1.5m | $2.0m | $1.9m | $1.8m | $1.7m | $1.5m |
| Operating income | −$2.5m | −$3.6m | −$2.8m | −$2.1m | −$2.1m | −$2.1m | −$1.9m | −$2.0m |
| Net income | −$2.6m | −$3.6m | −$2.8m | −$2.1m | −$2.0m | −$2.1m | −$2.0m | −$2.0m |
| Diluted earnings per share | -0.13 | -0.17 | -0.14 | -0.10 | -0.10 | -0.10 | -0.32 | -0.33 |
| Cash from operations | −$3.0m | −$1.0m | — | −$2.0m | −$1.0m | −$1.0m | — | −$2.0m |
| Total assets | $12.5m | $7.9m | $10.4m | $13.7m | $16.4m | $18.0m | $11.5m | $7.4m |
| Cash and short-term investments | $182,000 | $1.4m | $3.6m | $4.5m | $8.4m | $10.7m | $4.9m | $1.1m |
| Debt | $3.4m | $273,000 | $433,000 | $167,000 | $296,000 | $450,000 | $1.1m | $1.6m |
| Shareholders' equity | $2.8m | $3.7m | $7.3m | $9.8m | $11.6m | $13.4m | $6.3m | $2.6m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -2.0% | 1.4% | 0.4% |
| Operating income | -17.4% | 7.0% | 23.2% |
| Net income | -17.7% | 6.8% | 21.9% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | -136.9% | -176.6% | -180.4% | -81.7% |
| Net margin | -131.0% | -180.6% | -181.2% | -81.8% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -2.5 | -2.5 | -0.3 | -44.0 | -37.5 | -12.5 | 103.0 | 137.5 | -3254.2 | -19.2 |
| Price to sales | 3.3 | 3.3 | 0.8 | 94.9 | 96.8 | 12.3 | 33.7 | 30.6 | 14.2 | 4.9 |
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Return | 445% | -91% | -92% | -18% | -58% | 246% | 50% | 199% | 329% | -74% |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years.
- 20-to-1 reverse split · 25 Mar 2024
- 4-to-1 reverse split · 29 Mar 2004
- 2-for-1 split · 8 May 1995
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.