2.26
-0.44%
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
$27.6m
FY2016FY2025
Net income
−$6.4m
FY2016FY2025
Free cash flow
−$8.5m
FY2016FY2025
Shareholders' equity
$29.3m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $27.6m | $22.9m | $40.8m | $25.9m | $18.3m | $19.5m | $20.6m | $106.4m | $101.4m | $114.4m |
| Research and development | $875,000 | $1.1m | $885,000 | — | — | — | — | — | — | — |
| Operating income | −$6.6m | −$5.2m | $617,000 | −$5.8m | −$3.9m | −$4.3m | −$11.8m | −$2.7m | $3.2m | $2.3m |
| Net income | −$6.4m | $31.9m | $138,000 | −$5.4m | −$2.2m | −$3.0m | −$12.0m | −$5.7m | −$9.3m | −$569,000 |
| Diluted earnings per share | -0.58 | 2.86 | 0.01 | -0.55 | -0.24 | -0.34 | -1.38 | -0.65 | -1.07 | -0.07 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $36.2m | $66.0m | $33.0m | $37.2m | $27.9m | $21.3m | $28.1m | $72.5m | $69.9m | $77.5m |
| Cash and short-term investments | $15.0m | $41.6m | — | $10.3m | $9.9m | $7.6m | $9.1m | $211,000 | $218,000 | $246,000 |
| Total liabilities | $6.9m | $30.5m | $18.8m | $20.2m | $8.4m | $7.4m | $11.7m | $60.6m | $52.4m | $50.8m |
| Debt | $1.5m | $775,000 | — | $2.3m | $1.4m | $1.4m | $920,000 | $26.3m | $29.0m | $28.2m |
| Shareholders' equity | $29.3m | $35.4m | $14.2m | $16.9m | $19.6m | $13.9m | $16.4m | $12.0m | $17.5m | $26.7m |
| Shares outstanding | 11m | 11m | 10m | 10m | 9m | 9m | 9m | 9m | 9m | 9m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −$5.8m | −$6.2m | −$3.9m | −$5.8m | −$2.3m | −$3.6m | −$5.6m | $2.2m | $1.4m | −$9.5m |
| Capital spending | −$2.7m | −$3.8m | −$2.5m | −$1.5m | −$237,000 | −$153,000 | −$153,000 | −$589,000 | −$1.4m | −$668,000 |
| Free cash flow | −$8.5m | −$10.0m | −$6.4m | −$7.3m | −$2.6m | −$3.8m | −$5.7m | $1.6m | −$51,000 | −$10.1m |
| Dividends paid | −$16.7m | −$16.7m | — | −$129,000 | −$1.0m | −$1.0m | −$1.0m | −$1.0m | — | — |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $5.0m | $4.3m | $5.6m | $6.9m | $8.4m | $6.7m | −$3.0m | $10.9m |
| Operating income | −$2.0m | −$2.0m | −$1.1m | −$1.4m | −$1.7m | −$2.3m | −$745,000 | −$1.1m |
| Net income | −$2.1m | −$2.5m | −$1.4m | −$1.8m | −$1.3m | −$929,000 | $36.3m | −$1.1m |
| Diluted earnings per share | -0.19 | -0.23 | -0.13 | -0.16 | -0.12 | -0.08 | 3.26 | -0.10 |
| Cash from operations | −$2.0m | — | −$1.0m | — | −$5.0m | $1.0m | −$2.0m | −$2.0m |
| Capital spending | — | — | −$1.0m | — | — | — | −$2.0m | — |
| Free cash flow | — | — | −$2.0m | — | — | — | −$4.0m | — |
| Total assets | $31.5m | $33.0m | $35.5m | $37.6m | $39.1m | $47.5m | $66.0m | $40.1m |
| Cash and short-term investments | $10.7m | $13.6m | — | $17.3m | $18.0m | $25.8m | — | $3.1m |
| Debt | $372,000 | $365,000 | — | $270,000 | $322,000 | $330,000 | — | $871,000 |
| Shareholders' equity | $24.8m | $26.8m | $29.3m | $30.7m | $33.0m | $34.5m | $35.4m | $14.7m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 2.2% | 7.2% | -12.6% |
| Operating income | 4.3% | 9.0% | 2.2% |
| Net income | 6.0% | 16.6% | 0.9% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | -23.4% | -14.5% | -16.2% | -6.5% |
| Net margin | 50.3% | 17.2% | 9.7% | -3.1% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -8.1 | 1.4 | — | -4.8 | -30.7 | -11.3 | -1.6 | -8.1 | -7.1 | -91.0 |
| Price to sales | 1.9 | 2.0 | 1.7 | 1.0 | 3.6 | 1.7 | 1.0 | 0.4 | 0.7 | 0.5 |
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Return | -12% | -28% | 121% | -64% | 69% | 81% | -57% | -29% | 39% | 54% |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 17 Dec 2024.
| FY2024 | FY2021 | FY2019 | |
|---|---|---|---|
| Paid in the year | 0.015 | 0.12 | 0.014 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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