O
1.70
—
Close of 28 Oct 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
$39.7m
FY2018FY2025
Net income
−$10.0m
FY2018FY2025
Free cash flow
−$7.1m
FY2018FY2025
Shareholders' equity
$7.0m
FY2018FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $39.7m | $32.5m | $57.5m | $105.4m | $167.7m | $140.1m | $46.6m | $61.5m |
| Gross profit | $2.5m | $1.7m | $2.1m | $12.6m | $17.4m | $11.6m | $4.0m | $4.5m |
| Research and development | $2.5m | $1.7m | $2.8m | $2.5m | $5.7m | $2.8m | $882,200 | $1.5m |
| Operating income | −$9.1m | −$9.5m | −$10.3m | $450,421 | $3.2m | $3.5m | $871,281 | $1.1m |
| Net income | −$10.0m | −$10.1m | −$10.9m | $198,978 | $3.1m | $2.7m | $757,886 | $495,315 |
| Diluted earnings per share | -4.38 | -144.98 | -0.69 | 0.01 | 0.31 | 0.27 | 0.07 | 0.05 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Total assets | $53.2m | $51.1m | $56.5m | $57.2m | $76.0m | $62.9m | $37.1m | $22.7m |
| Cash and short-term investments | $5.1m | $1.0m | $854,518 | $3.7m | $684,335 | $5.3m | $1.3m | $1.5m |
| Total liabilities | $42.3m | $43.2m | $42.5m | $31.6m | $60.8m | $51.7m | $29.4m | $17.5m |
| Debt | $25.6m | $32.7m | $28.7m | $22.0m | $32.8m | $16.8m | $14.1m | $9.3m |
| Shareholders' equity | $7.0m | $5.2m | $14.0m | $25.3m | $14.3m | $10.6m | $7.3m | $4.8m |
| Shares outstanding | 2m | 0m | 16m | 14m | 10m | 10m | 10m | 10m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | $85,245 | −$4.9m | −$2.6m | $9.7m | −$17.7m | $7.7m | $123,141 | −$1.4m |
| Capital spending | −$7.2m | −$2.4m | −$4.5m | −$5.1m | −$6.2m | −$3.7m | −$6.4m | −$3.5m |
| Free cash flow | −$7.1m | −$7.4m | −$7.1m | $4.6m | −$23.9m | $4.0m | −$6.3m | −$4.9m |
| Dividends paid | — | — | — | — | — | — | — | −$1.3m |
Latest quarters
By quarter end
| Mar 2026 | Dec 2025 | Sept 2025 | Mar 2025 | Dec 2024 | Sept 2024 | Jun 2024 | Mar 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $17.5m | $18.8m | $39.7m | $20.8m | $10.4m | $17.5m | $8.7m | $15.0m |
| Gross profit | $1.5m | $637,188 | $2.5m | $1.9m | $950,922 | $795,910 | $397,955 | $890,384 |
| Operating income | −$3.9m | −$4.2m | −$9.2m | −$4.9m | −$2.4m | −$5.7m | −$2.9m | −$3.8m |
| Net income | −$4.8m | −$4.8m | −$10.0m | −$5.2m | −$2.6m | −$5.4m | −$2.7m | −$4.6m |
| Diluted earnings per share | -0.80 | -2.12 | -4.38 | -2.27 | -37.32 | -78.10 | -39.05 | -66.88 |
| Cash from operations | — | — | — | — | −$1.0m | −$1.0m | — | −$3.0m |
| Capital spending | — | — | — | — | — | −$1.0m | — | — |
| Free cash flow | — | — | — | — | — | −$2.0m | — | — |
| Total assets | $54.1m | $53.2m | $53.2m | $52.6m | $52.6m | $51.1m | $51.1m | $51.4m |
| Cash and short-term investments | $1.8m | $5.1m | — | $1.7m | $1.7m | $1.0m | $1.0m | $1.7m |
| Debt | $30.0m | $23.2m | $2.4m | $31.0m | $29.3m | $32.7m | $30.9m | $26.6m |
| Shareholders' equity | $2.5m | $7.0m | $7.0m | $2.7m | $2.7m | $5.2m | $5.2m | $10.3m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -27.8% | -22.3% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 5.9% | 8.0% | 8.8% | — |
| Operating margin | -25.8% | -12.1% | -4.0% | — |
| Net margin | -27.8% | -13.1% | -4.6% | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|
| Price to earnings | -0.4 | -0.1 | -42.5 | — |
| Price to sales | 0.1 | 0.0 | 8.1 | 4.7 |
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| Return | -85% | -62% | -18% | -98% |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years.
- 25-to-1 reverse split · 5 Aug 2025
- 10-to-1 reverse split · 31 Dec 2024
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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