P 
0.84
+4.82%
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
−$8.7m
FY2016FY2025
Free cash flow
−$8.0m
FY2016FY2025
Shareholders' equity
$20.1m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | — | — | — | — | — | $4,362 | $21,000 | $138,000 | $15,000 | $19,000 |
| Gross profit | −$4.6m | −$3.6m | −$6.3m | −$193,000 | −$192,000 | −$3.7m | $21,000 | $138,000 | −$5.4m | −$5.4m |
| Research and development | $4.6m | $3.6m | $6.3m | $7.0m | $8.9m | $3.7m | $4.3m | $4.3m | $5.4m | $5.4m |
| Operating income | −$9.2m | −$7.4m | −$10.8m | −$11.5m | −$13.5m | −$8.8m | −$9.0m | −$7.4m | −$14.1m | −$9.0m |
| Net income | −$8.7m | −$7.2m | −$10.8m | −$11.3m | −$13.2m | −$8.8m | −$8.8m | −$7.4m | −$12.5m | −$9.0m |
| Diluted earnings per share | -0.75 | -9.08 | -26.00 | -89.44 | -105.53 | -164.37 | -1,700.19 | -2,537.93 | -31,130.00 | -89,940.00 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $21.5m | $5.7m | $9.4m | $12.8m | $25.2m | $15.7m | $8.0m | $15.3m | $4.1m | $13.4m |
| Cash and short-term investments | $21.0m | $5.4m | $8.5m | $11.8m | $24.1m | $14.2m | $6.9m | $14.9m | $3.6m | $12.9m |
| Total liabilities | $1.3m | $1.0m | $1.6m | $2.0m | $3.2m | $2.7m | $2.3m | $1.7m | $2.3m | $2.5m |
| Debt | — | — | $35,000 | $170,000 | $295,000 | $642,000 | $518,000 | — | — | — |
| Shareholders' equity | $20.1m | $4.7m | $7.7m | $10.8m | $21.9m | $13.0m | $5.7m | $13.6m | $1.8m | $10.9m |
| Shares outstanding | 12m | 1m | 0m | 0m | 0m | 0m | 0m | 0m | 0m | 0m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −$8.0m | −$7.1m | −$10.7m | −$12.1m | −$11.9m | −$8.8m | −$8.6m | −$7.5m | −$9.5m | −$7.8m |
| Capital spending | −$12,000 | −$1,000 | −$5,000 | −$121,000 | −$51,000 | −$19,000 | −$72,000 | −$5,000 | −$203,000 | −$4,000 |
| Free cash flow | −$8.0m | −$7.1m | −$10.8m | −$12.3m | −$11.9m | −$8.8m | −$8.7m | −$7.5m | −$9.7m | −$7.8m |
| Dividends paid | — | — | — | — | — | −$4.1m | −$1,000 | — | — | — |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | — | — | — | — | — | $70,000 | — |
| Gross profit | −$1,000 | −$1,000 | −$1.5m | −$1.2m | −$1.1m | −$15,000 | −$985,000 | −$644,000 |
| Operating income | −$4.3m | −$4.2m | −$2.5m | −$2.5m | −$2.3m | −$1.9m | −$1.7m | −$1.6m |
| Net income | −$4.1m | −$4.0m | −$2.4m | −$2.4m | −$2.2m | −$1.8m | −$1.6m | −$1.5m |
| Diluted earnings per share | -0.36 | -0.34 | -0.20 | -0.21 | -0.19 | -0.15 | -2.06 | -1.94 |
| Cash from operations | −$4.0m | −$4.0m | −$2.0m | −$2.0m | −$2.0m | −$1.0m | −$1.0m | −$1.0m |
| Total assets | $14.3m | $17.4m | $21.5m | $11.5m | $11.3m | $13.4m | $5.7m | $5.9m |
| Cash and short-term investments | $13.0m | $17.0m | $21.0m | $10.7m | $10.8m | $13.3m | $5.4m | $5.4m |
| Shareholders' equity | $12.6m | $16.5m | $20.1m | $9.8m | $10.1m | $12.2m | $4.7m | $4.9m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Operating income | -7.0% | 1.0% | -1.0% |
| Net income | -8.4% | -0.2% | -1.6% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -1.4 | -0.1 | -0.1 | -0.1 | -0.3 | -0.6 | -0.1 | -0.1 | -0.1 | -0.0 |
| Price to sales | — | — | — | — | — | — | 33.7 | 5.5 | 59.6 | 15.1 |
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Return | -22% | -63% | -72% | -67% | -54% | -25% | -54% | -89% | -25% | -67% |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years.
- 9-to-1 reverse split · 5 Jul 2024
- 12-to-1 reverse split · 26 Jan 2023
- 55-to-1 reverse split · 15 Jan 2020
- 10-to-1 reverse split · 8 Jan 2018
- 10-to-1 reverse split · 18 Apr 2016
- 30-to-1 reverse split · 24 Jul 2013
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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