N 
1.75
+10.76%
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
—
FY2017FY2025
Net income
−$1.4m
FY2017FY2025
Free cash flow
−$1.8m
FY2017FY2025
Shareholders' equity
$23.2m
FY2017FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | — | $1.3m | $1.5m | $911,509 | $535,166 | $383,450 | — |
| Gross profit | — | −$255,000 | $80,065 | $81,854 | −$104,000 | −$259,000 | $65,439 | −$58,903 |
| Research and development | $352,879 | $1.9m | $9.2m | $10.9m | $11.6m | $6.9m | $3.1m | $2.5m |
| Operating income | −$1.8m | −$3.8m | −$17.5m | −$19.2m | −$19.9m | −$18.2m | −$10.3m | −$5.7m |
| Net income | −$1.4m | −$4.3m | −$9.8m | −$25.0m | $7.1m | −$18.7m | −$14.8m | −$2.5m |
| Diluted earnings per share | -18.55 | -67.85 | -274.51 | -730.26 | 235.57 | -644.38 | -511.45 | -34.65 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|
| Total assets | $18.7m | $16.1m | $20.9m | $21.9m | $44.2m | $24.0m | $45.1m | $31.6m |
| Cash and short-term investments | $3.5m | $874,238 | $2.0m | $8.5m | $31.9m | $6.3m | $13.0m | $18.2m |
| Total liabilities | $4.9m | $4.4m | $13.0m | $4.4m | $6.1m | $9.1m | $12.3m | $1.3m |
| Debt | $3.4m | $3.4m | $6.9m | $217,167 | $3.3m | $6.5m | $10.3m | $480,000 |
| Shareholders' equity | $23.2m | $21.1m | $15.7m | $23.6m | $41.8m | $16.4m | $33.1m | $30.2m |
| Shares outstanding | 0m | 0m | 0m | 0m | 0m | 0m | 0m | 0m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | −$1.8m | −$1.2m | −$12.3m | −$14.7m | −$15.9m | −$13.4m | −$10.0m | −$5.8m |
| Capital spending | — | — | −$186,916 | −$137,776 | −$161,314 | −$1.1m | −$6.1m | −$3.1m |
| Free cash flow | −$1.8m | −$1.2m | −$12.5m | −$14.8m | −$16.1m | −$14.5m | −$16.1m | −$8.8m |
| Dividends paid | — | — | — | — | −$755,514 | — | — | — |
Latest quarters
By quarter end
| Dec 2025 | Sept 2025 | Dec 2024 | Sept 2024 | Mar 2024 | Sept 2023 | Mar 2023 | Jun 2022 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | — | — | — | — | $431,378 | $768,427 | $527,462 |
| Gross profit | — | — | — | −$255,000 | −$455,000 | −$665,000 | −$542,000 | −$585,000 |
| Operating income | −$825,131 | −$402,766 | $558,599 | −$692,390 | −$4.0m | −$6.5m | −$9.1m | −$8.5m |
| Net income | −$307,495 | −$613,995 | −$919,900 | −$704,110 | $2.7m | −$5.5m | −$7.9m | −$1.9m |
| Diluted earnings per share | -4.18 | -8.35 | -14.62 | -11.19 | 42.32 | -142.52 | -205.56 | -52.80 |
| Cash from operations | — | — | — | −$1.0m | −$1.0m | −$6.0m | −$5.0m | −$6.0m |
| Total assets | $18.7m | $17.6m | $16.1m | $17.7m | $20.6m | $14.4m | $20.9m | $24.0m |
| Cash and short-term investments | $3.5m | $2.3m | $874,238 | $783,085 | $2.0m | $340,306 | $2.0m | $4.2m |
| Debt | $3.4m | $3.4m | $3.3m | $257,470 | $329,644 | $694,515 | $6.3m | $3.4m |
| Shareholders' equity | $23.2m | $22.5m | $21.1m | $22.7m | $24.8m | $21.8m | $15.7m | $22.6m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Operating income | -53.0% | -38.0% | — |
| Net income | -48.2% | — | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Price to earnings | -0.6 | -0.3 | -0.1 | -0.1 | -0.1 | 0.4 | -0.3 | -0.3 |
| Price to sales | — | — | 0.8 | 0.6 | 1.3 | 3.1 | 8.7 | 11.6 |
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|
| Return | 143% | -40% | -60% | -71% | -35% | -30% | -7% | 7% |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years.
- 10-to-1 reverse split · 20 Jul 2026
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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