L 
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
$11.4m
FY2016FY2025
Net income
−$7.5m
FY2016FY2025
Free cash flow
−$6.5m
FY2016FY2025
Shareholders' equity
$18.1m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $11.4m | $9.9m | $9.9m | $11.9m | $10.0m | $11.4m | $17.1m | $17.1m | $23.3m | $7.7m |
| Gross profit | $7.6m | $6.6m | $6.7m | $7.2m | $5.7m | $8.2m | $12.8m | $12.3m | $11.6m | $3.3m |
| Research and development | $617,369 | $558,621 | $982,684 | $1.2m | $765,659 | $1.1m | $1.2m | $761,722 | $1.7m | $888,187 |
| Operating income | −$7.9m | −$7.7m | −$15.3m | −$6.9m | −$3.0m | −$586,078 | $2.6m | $587,489 | −$3.6m | −$6.7m |
| Net income | −$7.5m | −$9.0m | −$14.6m | −$6.9m | −$11.7m | −$2.9m | −$2.4m | −$7.1m | −$8.3m | −$12.8m |
| Diluted earnings per share | -0.41 | -14.18 | -169.19 | -14.41 | -1.28 | -0.84 | -15.77 | -57.50 | -111.39 | -387.63 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $20.3m | $14.2m | $17.0m | $25.6m | $30.1m | $26.9m | $25.0m | $38.1m | $48.2m | $35.4m |
| Cash and short-term investments | — | $3.8m | $6.4m | $7.0m | $12.0m | $4.4m | $1.6m | $425,189 | $5.6m | $3.3m |
| Total liabilities | $2.2m | $2.0m | $2.1m | $2.9m | $1.7m | $16.0m | $16.5m | $21.5m | $27.3m | $32.6m |
| Debt | — | $51,841 | $120,162 | $69,402 | $64,346 | $10.6m | $11.9m | $14.9m | $12.7m | $15.0m |
| Shareholders' equity | $18.1m | $12.2m | $14.9m | $22.8m | $28.4m | $11.0m | $8.5m | $16.5m | $20.9m | $2.8m |
| Shares outstanding | 18m | 1m | 0m | 0m | 9m | 3m | 0m | 0m | 0m | 0m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −$5.1m | −$4.3m | −$4.3m | −$3.6m | −$5.9m | −$412,959 | $2.2m | −$50,189 | −$5.6m | −$950,048 |
| Capital spending | −$1.4m | −$1.5m | −$1.4m | −$1.3m | — | — | −$23,791 | −$10,766 | −$52,962 | −$39,073 |
| Free cash flow | −$6.5m | −$5.7m | −$5.7m | −$4.9m | −$5.9m | −$412,959 | $2.2m | −$60,955 | −$5.7m | −$989,121 |
| Dividends paid | −$300,000 | −$300,000 | −$300,000 | −$300,000 | −$300,000 | −$25,000 | −$25,000 | −$25,000 | −$338,749 | −$123,457 |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $3.3m | $3.2m | $3.1m | $2.9m | $2.9m | $2.6m | $2.2m | $2.7m |
| Gross profit | $2.4m | $2.2m | $2.1m | $1.9m | $1.9m | $1.6m | $1.5m | $1.8m |
| Operating income | −$1.6m | −$1.5m | −$1.7m | −$1.7m | −$2.1m | −$1.4m | −$2.2m | −$1.6m |
| Net income | −$1.6m | −$1.5m | −$1.6m | −$1.6m | −$2.1m | −$2.3m | −$3.7m | −$1.5m |
| Diluted earnings per share | -0.09 | -0.08 | -0.09 | -0.09 | -0.11 | -0.12 | -5.83 | -2.39 |
| Cash from operations | — | −$1.0m | −$1.0m | — | −$1.0m | −$1.0m | — | — |
| Total assets | $17.0m | $18.5m | $20.3m | $22.4m | $23.5m | $25.2m | $14.2m | $16.0m |
| Cash and short-term investments | — | — | — | — | — | $9.0m | $3.8m | $5.6m |
| Debt | — | — | — | — | — | — | $51,841 | $70,158 |
| Shareholders' equity | $15.0m | $16.6m | $18.1m | $19.6m | $21.2m | $21.2m | $12.2m | $14.2m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -1.4% | -0.0% | 33.9% |
| Operating income | 4.6% | 68.2% | -3.2% |
| Net income | 2.5% | 21.1% | -5.4% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 66.8% | 65.2% | 65.0% | 61.9% |
| Operating margin | -73.0% | -87.6% | -64.1% | -45.6% |
| Net margin | -77.2% | -87.9% | -81.3% | -73.6% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -0.2 | -0.6 | -0.3 | -10.8 | -833.0 | -6653.5 | -99.3 | -41.1 | -109.3 | -24.7 |
| Price to sales | 0.2 | 0.5 | 0.5 | 6.3 | — | — | 13.7 | 17.0 | 38.7 | 40.7 |
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Return | -99% | -85% | -65% | -82% | -82% | 169% | -26% | -79% | 8% | -6% |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years.
- 750-to-1 reverse split · 28 Oct 2025
- 25-to-1 reverse split · 19 Nov 2024
- 20-to-1 reverse split · 24 Apr 2023
- 10-to-1 reverse split · 18 Oct 2021
- 10-to-1 reverse split · 12 Sept 2016
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.