P 
1.18
-4.84%
Close of 9 Nov 2026, in USD
Search any instrument
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
$1.0m
FY2017FY2026
Net income
−$23.8m
FY2017FY2026
Free cash flow
−$20.2m
FY2017FY2026
Shareholders' equity
−$23.0m
FY2017FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.0m | $1.3m | $326,000 | $287,000 | $234,000 | — | $23,000 | $54,000 | $50,000 | — |
| Research and development | $15.3m | $12.9m | $12.4m | $15.7m | $24.4m | $30.1m | $20.1m | $24.6m | $22.6m | $21.1m |
| Operating income | −$24.9m | −$22.2m | −$22.2m | −$27.2m | −$41.6m | −$50.6m | −$29.5m | −$35.5m | −$33.7m | −$28.0m |
| Net income | −$23.8m | −$22.6m | −$20.9m | −$28.3m | −$41.2m | −$49.9m | −$29.2m | −$35.3m | −$26.1m | −$27.8m |
| Diluted earnings per share | -2.20 | -2.44 | -3.76 | -5.46 | -9.94 | -12.41 | -9.09 | -17.73 | -18.06 | -21.17 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $24.9m | $38.7m | $39.5m | $50.8m | $68.1m | $93.5m | $65.5m | $31.3m | $39.0m | $37.5m |
| Cash and short-term investments | $7.8m | $20.6m | $30.0m | $40.2m | $55.0m | $65.0m | $46.3m | $23.7m | $29.9m | $26.1m |
| Total liabilities | $42.3m | $39.5m | $34.1m | $35.5m | $35.9m | $36.4m | $9.4m | $9.5m | $10.5m | $7.3m |
| Debt | $34.9m | $34.0m | $29.6m | $29.9m | $28.8m | $24.6m | $1.6m | — | — | — |
| Shareholders' equity | −$23.0m | −$6.8m | $96,000 | $13.4m | $30.0m | $57.2m | $56.1m | $21.8m | $28.5m | $30.3m |
| Shares outstanding | 11m | 9m | 6m | 5m | 4m | 4m | 3m | 2m | 1m | 1m |
Cash flow
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −$19.6m | −$18.2m | −$18.0m | −$22.9m | −$36.5m | −$30.9m | −$26.4m | −$29.5m | −$21.4m | −$21.6m |
| Capital spending | −$633,000 | −$1.6m | −$323,000 | −$262,000 | −$280,000 | −$373,000 | −$270,000 | −$239,000 | −$342,000 | −$378,000 |
| Free cash flow | −$20.2m | −$19.8m | −$18.3m | −$23.1m | −$36.8m | −$31.3m | −$26.6m | −$29.7m | −$21.7m | −$22.0m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $335,000 | $167,000 | $198,000 | $316,000 | $398,000 | $427,000 | $185,000 | $326,000 |
| Operating income | −$5.5m | −$6.6m | −$6.6m | −$6.3m | −$6.6m | −$5.4m | −$5.0m | −$5.2m |
| Net income | −$5.9m | −$6.2m | −$6.5m | −$5.8m | −$7.6m | −$6.1m | −$3.0m | −$5.9m |
| Diluted earnings per share | -0.54 | -0.57 | -0.71 | -0.63 | -0.82 | -0.66 | -0.53 | -1.06 |
| Cash from operations | −$4.0m | −$4.0m | −$5.0m | −$5.0m | −$5.0m | −$4.0m | −$4.0m | −$4.0m |
| Total assets | $24.9m | $26.1m | $30.6m | $33.7m | $38.7m | $37.4m | $30.9m | $35.4m |
| Cash and short-term investments | $7.8m | $9.5m | $12.7m | $15.5m | $20.6m | $26.3m | $21.3m | $26.0m |
| Debt | $28.4m | $28.0m | $28.5m | $28.2m | $27.9m | $25.5m | $24.4m | $25.9m |
| Shareholders' equity | −$23.0m | −$18.6m | −$14.6m | −$11.4m | −$6.8m | −$4.5m | −$8.0m | −$5.3m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 52.4% | — | -9.8% |
| Operating income | -2.9% | -13.2% | 0.7% |
| Net income | -5.6% | -13.7% | 0.2% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | -2003.1% | -3255.2% | — | — |
| Net margin | -1973.0% | -3224.7% | — | — |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -0.6 | -1.2 | -1.1 | -0.8 | -0.8 | -0.9 | -6.2 | -1.1 | -2.1 | -3.2 |
| Price to sales | 13.1 | 20.7 | 72.9 | 83.9 | 134.8 | — | — | — | — | — |
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Return | -18% | -13% | -38% | -51% | -68% | 155% | -50% | -40% | -14% | 37% |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years.
- 8-to-1 reverse split · 1 Apr 2024
- 10-to-1 reverse split · 25 Jul 2019
- 200-to-1 reverse split · 26 Nov 2007
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
Nothing here is investment advice. Prices can be delayed or wrong, so check with the exchange before relying on them. Data for this page. How we cover markets.