P 
1.95
+1.04%
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
−$13.6m
FY2016FY2025
Free cash flow
−$11.4m
FY2016FY2025
Shareholders' equity
$5.6m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | — | — | — | — | — | — | — | — | $5,000 | $113,425 |
| Gross profit | −$1,204 | −$782 | −$222 | −$874,013 | −$875,349 | −$882,062 | −$877,897 | −$630,092 | −$1,865 | −$12,451 |
| Research and development | $7.8m | $7.3m | $5.8m | $10.7m | $6.9m | $11.1m | $2.3m | $3.1m | $926,117 | $29,246 |
| Operating income | −$14.0m | −$12.1m | −$11.5m | −$20.3m | −$12.1m | −$15.1m | −$3.9m | −$4.5m | −$1.8m | $2.7m |
| Net income | −$13.6m | −$11.9m | −$11.1m | −$27.4m | −$11.4m | −$19.0m | −$3.4m | −$3.8m | −$1.9m | −$3.4m |
| Diluted earnings per share | -5.27 | -80.12 | -216.37 | -854.34 | -363.93 | -1,119.98 | -305.26 | -339.19 | -0.37 | -14.92 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $7.8m | $3.2m | $5.8m | $8.6m | $26.5m | $25.2m | $10.9m | $13.2m | $3.0m | $104,321 |
| Cash and short-term investments | $5.5m | $1.2m | $4.7m | $6.5m | $16.5m | $15.4m | $691,536 | $1.7m | $2.8m | $2,090 |
| Total liabilities | $2.2m | $1.5m | $797,484 | $1.1m | $978,405 | $2.3m | $2.9m | $3.5m | $2.6m | $2.1m |
| Debt | — | $73,507 | $150,554 | $229,450 | $78,463 | $328,122 | $1.0m | $230,000 | $2.4m | $1.4m |
| Shareholders' equity | $5.6m | $1.7m | $5.0m | $7.5m | $25.5m | $22.9m | $8.0m | $9.7m | $373,164 | −$2.0m |
| Shares outstanding | 3m | 0m | 0m | 0m | 0m | 0m | 0m | 0m | 5m | 0m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −$11.4m | −$11.2m | −$8.1m | −$9.6m | −$8.7m | −$3.1m | −$2.8m | −$3.7m | −$1.7m | −$871,906 |
| Capital spending | −$5 | −$3,244 | −$2,776 | −$3 | — | −$4 | — | −$20,500 | −$20,622 | −$1,399 |
| Free cash flow | −$11.4m | −$11.2m | −$8.1m | −$9.6m | −$8.7m | −$3.1m | −$2.8m | −$3.7m | −$1.7m | −$873,305 |
| Dividends paid | — | — | — | — | — | −$767,247 | — | — | — | — |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | — | — | — | — | — | $12.5m | — |
| Gross profit | — | −$301 | −$301 | −$301 | −$301 | −$301 | −$301 | −$3.4m |
| Operating income | −$2.3m | −$3.3m | −$3.7m | −$3.5m | −$4.0m | −$2.8m | −$2.7m | −$3.4m |
| Net income | −$3.3m | −$3.4m | −$3.4m | −$3.4m | −$3.9m | −$2.8m | −$2.7m | −$3.4m |
| Diluted earnings per share | -1.19 | -1.23 | -1.31 | -1.34 | -1.53 | -1.10 | -18.45 | -22.89 |
| Cash from operations | −$1.0m | −$3.0m | −$2.0m | −$3.0m | −$2.0m | −$2.0m | −$2.0m | −$3.0m |
| Total assets | $2.1m | $4.5m | $7.8m | $7.6m | $8.2m | $4.8m | $3.2m | $4.9m |
| Cash and short-term investments | $196,325 | $1.7m | $5.5m | $6.3m | $6.9m | $2.9m | $1.2m | $2.9m |
| Debt | — | — | — | — | $25,584 | $49,659 | $73,020 | $94,676 |
| Shareholders' equity | −$317,341 | $2.5m | $5.6m | $5.8m | $6.1m | $3.5m | $1.7m | $3.7m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Operating income | -11.6% | -1.6% | 30.4% |
| Net income | -20.9% | -6.6% | 15.0% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -0.6 | -0.1 | -0.1 | -0.1 | -0.7 | -0.3 | -0.6 | -0.4 | -230.9 | -1.4 |
| Price to sales | — | — | — | — | — | — | — | — | — | 40.5 |
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Return | -46% | -74% | -68% | -68% | -37% | 330% | -32% | 1510% | -43% | 175% |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years.
- 25-to-1 reverse split · 17 Dec 2025
- 20-to-1 reverse split · 22 Jan 2024
- 7-to-1 reverse split · 23 Dec 2019
- 7-to-1 reverse split · 8 Dec 2017
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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