I 
2.19
-2.23%
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
$86,000
FY2016FY2025
Net income
−$46.9m
FY2016FY2025
Free cash flow
−$12.5m
FY2016FY2025
Shareholders' equity
$13.4m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $86,000 | $12,000 | — | $571,800 | $1.5m | $550,800 | $1,100 | $784,300 | $212,500 | $66,700 |
| Gross profit | — | — | — | — | — | — | — | $378,200 | −$176,700 | $18,900 |
| Research and development | $10.7m | $12.9m | $6.3m | $3.9m | $3.5m | $1.4m | $526,300 | — | — | — |
| Operating income | −$23.8m | −$30.0m | −$14.3m | −$10.8m | −$8.5m | −$2.6m | −$958,800 | −$2.5m | −$2.3m | −$536,900 |
| Net income | −$46.9m | −$18.5m | −$48.8m | −$10.8m | −$8.5m | −$3.1m | −$1.9m | −$2.3m | −$15.6m | −$537,000 |
| Diluted earnings per share | -40.83 | -34.26 | -95.19 | -0.27 | -0.26 | -0.12 | -0.13 | -0.27 | -2.70 | -0.09 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $20.4m | $17.0m | $23.8m | $26.1m | $7.0m | $2.9m | $364,000 | $524,000 | $769,000 | $257,000 |
| Cash and short-term investments | $15.0m | $5.9m | $22.1m | $25.9m | $6.9m | $2.5m | $93,000 | $194,000 | $399,000 | $8,000 |
| Total liabilities | $7.1m | $5.8m | $3.0m | $1.4m | $566,000 | $740,000 | $656,000 | $808,000 | $899,000 | $780,000 |
| Debt | — | — | — | — | — | — | $46,000 | $148,000 | $305,000 | $522,000 |
| Shareholders' equity | $13.4m | $11.2m | $20.8m | $24.8m | $6.4m | $2.2m | −$293,000 | −$284,000 | −$130,000 | −$523,000 |
| Shares outstanding | 1m | 1m | 1m | 40m | 33m | 23m | 15m | 8m | 6m | 6m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −$12.5m | −$15.8m | −$10.7m | −$9.3m | −$5.2m | −$2.6m | −$1.5m | −$2.2m | −$2.0m | −$480,300 |
| Capital spending | −$8,000 | −$277,000 | −$316,000 | — | — | — | −$17,500 | −$36,900 | −$37,800 | −$140,300 |
| Free cash flow | −$12.5m | −$16.1m | −$11.1m | −$9.3m | −$5.2m | −$2.6m | −$1.6m | −$2.2m | −$2.1m | −$620,600 |
Latest quarters
By quarter end
| Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | Jun 2024 | Mar 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | — | — | — | $12,000 | $74,000 | $12,000 | — |
| Operating income | −$7.0m | −$6.8m | −$7.5m | −$5.0m | −$5.0m | −$6.3m | −$9.7m | −$7.4m |
| Net income | −$6.5m | −$6.4m | −$31.6m | −$4.0m | −$5.9m | −$5.4m | −$6.5m | −$6.0m |
| Diluted earnings per share | -0.56 | -0.62 | -11.41 | -6.06 | -10.03 | -9.22 | -11.38 | -11.40 |
| Cash from operations | −$4.0m | −$9.0m | −$1.0m | −$3.0m | −$5.0m | −$2.0m | −$3.0m | −$4.0m |
| Total assets | $75.0m | $78.7m | $20.4m | $16.2m | $11.1m | $16.0m | $17.0m | $17.3m |
| Cash and short-term investments | $68.9m | $73.3m | $15.0m | $6.7m | $2.1m | $3.6m | $5.9m | $9.3m |
| Debt | — | — | — | $1.4m | $3.8m | — | — | — |
| Shareholders' equity | $73.4m | $77.0m | $13.4m | $7.4m | $965,000 | $6.6m | $11.2m | $14.1m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -46.8% | -31.0% | 39.0% |
| Operating income | 30.1% | 55.3% | 27.7% |
| Net income | 63.1% | 71.6% | 36.4% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | -54928.6% | — | — | — |
| Net margin | -66677.6% | — | — | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|
| Price to earnings | -0.1 | -0.0 | -0.0 | -22.7 |
| Price to sales | 42.8 | 52.6 | — | 429.7 |
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| Return | 222% | -46% | -72% | -44% |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years.
- 30-to-1 reverse split · 27 Feb 2026
- 4-to-1 reverse split · 30 Nov 2023
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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