N 
0.67
+6.63%
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
$3.1m
FY2015FY2024
Net income
−$6.5m
FY2015FY2024
Free cash flow
−$5.6m
FY2015FY2024
Shareholders' equity
$16.4m
FY2015FY2024
Income statement
Fiscal years
| FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.1m | $3.8m | $5.7m | $5.8m | $6.0m | $6.7m | $8.5m | $10.2m | $10.2m | $11.1m |
| Research and development | $3.4m | $3.8m | $4.0m | $3.5m | $4.1m | $5.2m | $5.3m | $6.1m | $7.1m | $6.3m |
| Operating income | −$6.5m | −$5.7m | −$5.3m | −$73.1m | −$6.4m | −$5.6m | −$61.9m | −$89.5m | −$79.1m | −$7.8m |
| Net income | −$6.5m | −$10.1m | −$4.9m | −$6.5m | −$5.6m | −$5.3m | −$3.1m | −$4.7m | −$5.3m | −$7.8m |
| Diluted earnings per share | -0.40 | -0.66 | -0.36 | -0.54 | -0.56 | -0.60 | -0.52 | -0.89 | -1.16 | -1.90 |
Balance sheet
At each fiscal year end
| FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $18.4m | $19.0m | $21.2m | $23.0m | $16.6m | $7.4m | $13.2m | $13.1m | $9.7m | $5.9m |
| Cash and short-term investments | $16.4m | $16.2m | $14.8m | $17.4m | $10.5m | $2.4m | $6.6m | $5.8m | $3.5m | $3.1m |
| Total liabilities | $1.9m | $1.9m | $1.8m | −$890,000 | $1.5m | $1.0m | $1.4m | $4.1m | $5.2m | $4.1m |
| Debt | $2,000 | $52,000 | $140,000 | $320,000 | $860,000 | $1.1m | $1.7m | $2.3m | $1.2m | $340,000 |
| Shareholders' equity | $16.4m | $17.2m | $19.4m | $23.9m | $15.1m | $6.4m | $11.8m | $9.0m | $4.5m | $1.9m |
| Shares outstanding | 16m | 15m | 14m | 12m | 10m | 9m | 6m | 5m | 5m | 4m |
Cash flow
Fiscal years
| FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −$5.6m | −$6.3m | −$6.8m | −$7.7m | −$5.8m | −$3.5m | −$2.9m | −$5.6m | −$6.3m | −$8.1m |
| Capital spending | −$37,000 | −$123,000 | −$50,000 | −$70,000 | −$60,000 | −$90,000 | −$240,000 | −$660,000 | −$990,000 | −$200,000 |
| Free cash flow | −$5.6m | −$6.4m | −$6.9m | −$7.8m | −$5.8m | −$3.6m | −$3.1m | −$6.2m | −$7.2m | −$8.3m |
| Dividends paid | — | — | — | — | −$30,000 | — | — | — | — | — |
Latest quarters
By quarter end
| Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | Jun 2024 | Mar 2024 | Dec 2023 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $430,000 | $599,000 | $513,000 | $655,000 | $838,000 | $1.4m | $1.0m | $993,000 |
| Operating income | −$5.6m | −$2.1m | −$1.9m | −$1.7m | −$1.2m | −$1.8m | −$2.3m | −$6.1m |
| Net income | $14.2m | −$1.9m | −$1.7m | −$1.6m | −$1.1m | −$1.7m | −$2.1m | −$5.9m |
| Diluted earnings per share | 0.83 | -0.12 | -0.11 | -0.09 | -0.07 | -0.11 | -0.14 | -0.39 |
| Total assets | $32.8m | $15.1m | $17.0m | $18.4m | $19.6m | $15.2m | $16.9m | $19.0m |
| Cash and short-term investments | $11.6m | $13.2m | $15.0m | $16.4m | $17.6m | $13.1m | $14.3m | $16.2m |
| Debt | $18,000 | $21,000 | $20,000 | — | — | — | $12,000 | $19,000 |
| Shareholders' equity | $26.8m | $12.7m | $14.6m | $16.4m | $18.0m | $13.3m | $15.0m | $17.2m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -19.0% | -14.1% | -4.1% |
| Operating income | -55.3% | 3.1% | -7.4% |
| Net income | 0.1% | 4.1% | -7.6% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | -177.0% | -491.3% | -330.5% | -467.7% |
| Net margin | -239.1% | -151.3% | -125.0% | -97.4% |
Valuation history
At each fiscal year end
| FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -5.8 | -1.0 | -1.7 | -1.8 | -1.3 | -0.3 | -0.3 | -0.9 | -1.7 | -1.5 |
| Price to sales | 12.0 | 2.6 | 1.4 | 2.0 | 1.2 | 0.3 | 0.1 | 0.4 | 0.9 | 1.0 |
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Return | 0% | 209% | 11% | -40% | 30% | 276% | 0% | -78% | -55% | -25% |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years.
- 10-to-1 reverse split · 1 Oct 2018
- 25-to-1 reverse split · 28 Mar 2011
- 5-to-1 reverse split · 2 Apr 2007
- 1-to-0.1 reverse split · 30 Oct 1990
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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