M 
1.24
+4.20%
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
—
FY2016FY2025
Net income
−$10.3m
FY2016FY2025
Free cash flow
−$7.0m
FY2016FY2025
Shareholders' equity
$4.8m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | — | — | $1.1m | $3.2m | $33,000 | $158,333 | $89,812 | $119,750 | $149,687 | — |
| Research and development | $85,000 | $11.4m | $14.5m | $16.7m | $14.6m | $14.4m | $11.2m | $6.8m | $9.0m | $3.9m |
| Operating income | −$7.0m | −$20.2m | −$23.8m | −$24.6m | −$24.7m | −$24.2m | −$18.9m | −$14.6m | −$16.5m | −$8.3m |
| Net income | −$10.3m | −$24.3m | −$22.9m | −$21.0m | −$23.3m | −$22.4m | −$17.4m | −$14.1m | −$15.5m | −$7.6m |
| Diluted earnings per share | -28.35 | -4.77 | -5.28 | -4.84 | -5.38 | -5.63 | -5.34 | -0.12 | -8.28 | -4.49 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $7.2m | $12.6m | $25.1m | $78.9m | $61.3m | $71.0m | $40.2m | $19.9m | $14.4m | $9.8m |
| Cash and short-term investments | $4.0m | $7.3m | $13.8m | $28.8m | $49.6m | $58.7m | $27.8m | $12.4m | $7.3m | $4.1m |
| Total liabilities | $2.4m | $5.1m | $5.9m | $42.2m | $8.8m | $7.2m | $7.2m | $3.8m | $3.7m | $2.7m |
| Debt | $1.4m | $2.9m | $3.6m | $4.1m | $4.7m | $3.8m | $4.2m | $390,747 | $264,894 | $144,432 |
| Shareholders' equity | $4.8m | $7.6m | $19.2m | $36.6m | $52.5m | $63.7m | $33.1m | $16.1m | $10.7m | $7.1m |
| Shares outstanding | 0m | 5m | 4m | 4m | 4m | 4m | 3m | 117m | 2m | 2m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −$7.0m | −$15.9m | −$15.3m | −$19.2m | −$15.2m | −$17.4m | −$14.1m | −$10.3m | −$11.5m | −$6.1m |
| Capital spending | — | — | −$218,000 | −$892,000 | −$260,380 | −$5,749 | −$405,604 | −$535,916 | −$942,180 | −$942,180 |
| Free cash flow | −$7.0m | −$15.9m | −$15.5m | −$20.0m | −$15.5m | −$17.4m | −$14.5m | −$10.9m | −$12.4m | −$7.1m |
| Dividends paid | — | — | — | — | −$843.6m | −$682.8m | −$2.23bn | −$587.1m | −$608.3m | −$4.39bn |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | — | — | — | — | $962,000 | — | — |
| Operating income | −$1.6m | −$1.9m | −$1.6m | −$1.6m | −$1.8m | −$1.9m | −$4.0m | −$4.4m |
| Net income | −$1.3m | −$1.9m | −$1.9m | −$2.1m | −$5.2m | −$1.7m | −$8.4m | −$4.3m |
| Diluted earnings per share | -3.10 | -4.50 | -5.24 | -5.89 | -14.37 | -4.54 | -1.66 | -0.84 |
| Cash from operations | −$1.0m | −$1.0m | −$1.0m | −$1.0m | −$2.0m | −$2.0m | −$3.0m | −$3.0m |
| Total assets | $3.4m | $5.9m | $7.2m | $9.7m | $11.4m | $12.0m | $12.6m | $20.6m |
| Cash and short-term investments | $761,000 | $2.4m | $4.0m | $5.4m | $6.5m | $6.9m | — | $10.8m |
| Debt | $1,000 | $720,000 | $696,000 | $851,000 | $822,000 | $794,000 | — | $738,000 |
| Shareholders' equity | $1.8m | $3.0m | $4.8m | $6.5m | $7.7m | $6.3m | $7.6m | $15.8m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Operating income | -34.3% | -22.1% | -3.5% |
| Net income | -21.0% | -14.4% | 1.3% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -0.2 | -1.0 | -6.3 | -3.7 | -6.7 | -8.6 | -15.1 | -176.4 | -5.0 | -11.1 |
| Price to sales | — | — | 131.2 | 24.2 | — | — | — | — | — | — |
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Return | 31% | -84% | 88% | -49% | 1% | -39% | 148% | -51% | 13% | 41% |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years.
- 15-to-1 reverse split · 28 Sept 2026
- 50-to-1 reverse split · 3 Sept 2024
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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