N 
2.38
0.00%
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
$1.2m
FY2017FY2025
Net income
−$28.6m
FY2017FY2025
Free cash flow
−$14.1m
FY2017FY2025
Shareholders' equity
−$15.9m
FY2017FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.2m | — | — | — | — | — | — | — | — |
| Gross profit | $720,000 | −$5,000 | −$5,000 | −$4,000 | −$2,000 | −$2,000 | — | −$1.0m | — |
| Research and development | $3.8m | $6.2m | $13.4m | $17.0m | $20.3m | $10.6m | $3,496 | — | — |
| Operating income | −$28.0m | −$24.0m | −$27.6m | −$44.3m | −$95.2m | −$51.7m | −$713,187 | −$1.0m | −$134,480 |
| Net income | −$28.6m | −$25.1m | −$30.1m | −$39.8m | −$93.1m | −$51.8m | $408,427 | $66,101 | −$105,000 |
| Diluted earnings per share | -0.90 | -2.39 | -0.36 | -0.60 | -1.80 | -7.66 | 0.79 | 0.02 | -0.06 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Total assets | $13.0m | $3.7m | $7.3m | $25.8m | $32.7m | $2.9m | $32.1m | $70.8m | $69.6m |
| Cash and short-term investments | $7.8m | $1.4m | $4.6m | $20.1m | $27.6m | $1.9m | $6 | $11,079 | $449,374 |
| Total liabilities | $28.9m | $26.9m | $19.0m | $18.4m | $11.9m | $46.7m | $2.6m | $1.3m | $93,171 |
| Debt | $631,000 | $6.6m | $9.2m | $10.5m | $518,000 | $797,000 | $2.0m | $690,000 | — |
| Shareholders' equity | −$15.9m | −$23.2m | −$11.7m | $7.4m | $20.8m | −$43.8m | $29.5m | $69.5m | $69.5m |
| Shares outstanding | 32m | 11m | 84m | 66m | 52m | 7m | 1m | 3m | 2m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −$14.1m | −$10.6m | −$21.7m | −$39.8m | −$37.7m | −$2.3m | −$792,731 | −$473,187 | −$135,807 |
| Capital spending | — | — | −$3,000 | −$10,000 | −$7,000 | −$2,000 | −$1 | — | — |
| Free cash flow | −$14.1m | −$10.6m | −$21.7m | −$39.8m | −$37.7m | −$2.3m | −$792,732 | −$473,187 | −$135,807 |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.1m | $1.1m | $983,000 | $242,000 | — | $4,000 | $4,000 | — |
| Gross profit | $258,000 | $272,000 | $475,000 | $104,000 | — | $2,000 | −$1,000 | −$2,000 |
| Operating income | −$6.5m | −$4.7m | $1.0m | −$4.1m | −$3.7m | −$3.8m | −$3.6m | −$3.0m |
| Net income | −$16.5m | −$1.4m | $360,000 | −$5.9m | −$17.6m | −$5.5m | −$9.1m | −$1.6m |
| Diluted earnings per share | -0.44 | -0.04 | 0.01 | -0.19 | -0.55 | -0.17 | -0.86 | -0.15 |
| Cash from operations | −$8.0m | −$4.0m | −$3.0m | −$2.0m | −$4.0m | −$3.0m | −$2.0m | −$2.0m |
| Total assets | $34.2m | $11.9m | $13.0m | $15.0m | $4.8m | $7.6m | $3.7m | $4.5m |
| Cash and short-term investments | $26.7m | $6.7m | $7.8m | $7.2m | $2.9m | $5.5m | $1.4m | $1.6m |
| Debt | $790,000 | $391,000 | $316,000 | $10.3m | $10.2m | $8.4m | $6.6m | $6.7m |
| Shareholders' equity | −$170,000 | −$13.8m | −$15.9m | −$25.8m | −$35.6m | −$25.2m | −$23.2m | −$18.8m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Operating income | -14.3% | -11.6% | — |
| Net income | -10.4% | -11.2% | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2017 | |
|---|---|---|---|---|---|---|---|---|
| Price to earnings | -3.0 | -0.9 | -12.8 | -18.6 | -11.1 | -13.3 | 55.9 | -728.1 |
| Price to sales | 70.2 | — | — | — | — | — | — | — |
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Return | 41% | -60% | -64% | -51% | -79% | 133% | 4% | 5% | 1% |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years.
- 10-to-1 reverse split · 2 Apr 2024
- 1-to-1 reverse split · 25 May 2021
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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