P 
0.81
-6.84%
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
—
FY2017FY2024
Net income
−$14.6m
FY2017FY2024
Free cash flow
−$12.6m
FY2017FY2024
Shareholders' equity
$1.8m
FY2017FY2024
Income statement
Fiscal years
| FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | — | $86,000 | — | — | — | — | — |
| Gross profit | −$16,000 | −$15,000 | $71,000 | −$7,000 | — | −$1,000 | — | — |
| Research and development | $11.7m | $6.0m | $4.4m | $2.9m | $354,000 | $136,000 | $223,000 | $504,000 |
| Operating income | −$14.7m | −$9.6m | −$8.9m | −$7.2m | −$1.7m | −$689,000 | −$500,000 | −$880,000 |
| Net income | −$14.6m | −$9.3m | −$8.8m | −$7.2m | −$4.1m | −$1.8m | −$828,000 | −$2.1m |
| Diluted earnings per share | -247.67 | -4,062.61 | -4,884.44 | -4,262.35 | -2,702.00 | -791.30 | -360.00 | -0.36 |
Balance sheet
At each fiscal year end
| FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|
| Total assets | $4.5m | $9.9m | $12.3m | $19.1m | $17.8m | $1.2m | $81,000 | $214,000 |
| Cash and short-term investments | $4.3m | $8.0m | $4.1m | $16.5m | $15.7m | $941,000 | $40,000 | $187,000 |
| Total liabilities | $2.7m | $2.7m | $1.3m | $991,000 | $1.2m | $6.8m | $4.5m | $3.8m |
| Debt | $45,000 | $86,000 | — | — | — | $6.2m | $4.5m | $3.7m |
| Shareholders' equity | $1.8m | $7.2m | $11.0m | $18.1m | $16.6m | −$5.6m | −$4.5m | −$3.6m |
| Shares outstanding | 0m | 0m | 0m | 0m | 0m | 0m | 0m | 6m |
Cash flow
Fiscal years
| FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | −$12.6m | −$6.7m | −$6.5m | −$6.6m | −$2.6m | −$609,000 | −$635,000 | −$870,000 |
| Capital spending | −$13,000 | −$9,000 | −$6,000 | −$50,000 | −$10,000 | −$10,000 | −$10,000 | −$10,000 |
| Free cash flow | −$12.6m | −$6.7m | −$6.5m | −$6.6m | −$2.6m | −$619,000 | −$645,000 | −$880,000 |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $7,000 | $7,000 | $17,000 | $8,500 | — | — | — | — |
| Gross profit | −$21,000 | −$21,000 | −$53,000 | −$26,500 | — | — | — | — |
| Operating income | −$1.3m | −$1.3m | −$5.1m | −$1.4m | −$2.4m | −$1.2m | −$14.7m | −$881,500 |
| Net income | −$1.4m | −$1.4m | −$4.8m | −$1.3m | −$2.3m | −$1.2m | −$14.6m | −$885,000 |
| Diluted earnings per share | -1.12 | -1.12 | -7.47 | -1.95 | -5.45 | -1.79 | -160.82 | -15.03 |
| Cash from operations | −$1.0m | −$1.0m | −$3.0m | — | — | — | — | −$1.0m |
| Total assets | $19.1m | $19.1m | $12.0m | $12.0m | — | $11.2m | $4.5m | $4.5m |
| Cash and short-term investments | $11.5m | $11.5m | $4.1m | $4.1m | — | $3.5m | $4.3m | $4.3m |
| Debt | $50,000 | $50,000 | $21,000 | $21,000 | — | $56,000 | — | $45,000 |
| Shareholders' equity | $15.9m | $15.9m | $8.5m | $8.5m | — | $8.4m | $1.8m | $1.8m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -41.7% | — | — |
| Operating income | -17.5% | 24.4% | — |
| Net income | -18.1% | 3.6% | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Price to earnings | -0.4 | -0.1 | -0.0 | -0.0 | -0.0 | -0.1 |
| Price to sales | 122.3 | — | — | 0.6 | — | — |
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Return | -14% | -86% | 25% | -69% | -72% | -27% |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years.
- 5-to-1 reverse split · 6 Feb 2026
- 4-to-1 reverse split · 21 Nov 2024
- 6-to-1 reverse split · 9 Sept 2024
- 10-to-1 reverse split · 3 Jul 2023
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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