M 
0.00
—
Close of 5 Nov 2026, in USD
At a glance
Figures in USD, from our data supplier.
Revenue
—
FY2014FY2022
Net income
−$34,101
FY2014FY2022
Free cash flow
−$1,883
FY2014FY2022
Shareholders' equity
−$2.3m
FY2014FY2022
Income statement
Fiscal years
| FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | — | — | — | — | — | — | — | — | $5,000 |
| Gross profit | −$21,917 | −$21,917 | −$12,658 | −$2,836 | — | — | — | −$1,040 | $3,960 |
| Research and development | — | $120,000 | — | $332,600 | — | — | — | — | $25,521 |
| Operating income | −$34,100 | −$1.8m | −$509,030 | −$565,836 | −$340,710 | −$4.2m | −$509,650 | −$393,450 | −$260,776 |
| Net income | −$34,101 | −$1.6m | −$333,793 | −$826,863 | −$1.3m | −$4.3m | −$509,652 | −$398,947 | −$271,110 |
| Diluted earnings per share | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.01 | -0.00 | -0.00 | -0.00 |
Balance sheet
At each fiscal year end
| FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | |
|---|---|---|---|---|---|---|---|---|---|
| Total assets | $38,238 | $62,038 | $82,082 | $104,530 | $25,018 | $53 | $70 | $169,745 | $288,049 |
| Cash and short-term investments | — | $1,883 | $10 | $14 | $18 | $28 | $70 | $167,058 | $284,322 |
| Total liabilities | $2.4m | $2.4m | $917,596 | $922,749 | $276,249 | $307 | $174 | $161,703 | $147,724 |
| Debt | $857,764 | $857,764 | $782,764 | $804,000 | $137,500 | $230 | $141 | $137,500 | $137,500 |
| Shareholders' equity | −$2.3m | −$2.3m | −$835,514 | −$818,219 | −$251,230 | −$254 | −$104 | $8,042 | $140,325 |
| Shares outstanding | 608m | 608m | 544m | 473m | 460m | 445m | 220m | 608m | 608m |
Cash flow
Fiscal years
| FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | |
|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −$1,883 | −$323,126 | −$242,636 | −$889,363 | −$1.3m | −$4.2m | −$497,470 | −$383,929 | −$263,237 |
| Capital spending | — | −$4 | −$55,550 | −$17,016 | — | −$3 | — | — | −$3 |
| Free cash flow | −$1,883 | −$323,130 | −$298,186 | −$906,379 | −$1.3m | −$4.2m | −$497,470 | −$383,929 | −$263,240 |
Latest quarters
By quarter end
| Mar 2023 | Dec 2022 | Sept 2022 | Jun 2022 | Mar 2022 | Dec 2021 | Sept 2021 | Jun 2021 | |
|---|---|---|---|---|---|---|---|---|
| Gross profit | −$5,479 | −$5,480 | −$5,479 | −$5,479 | −$5,479 | −$5,479 | −$5,479 | −$5,479 |
| Operating income | −$5,479 | −$5,780 | −$8,680 | −$7,779 | −$11,860 | −$30,000 | −$1.2m | −$164,695 |
| Net income | −$5,479 | −$5,780 | −$8,680 | −$7,779 | −$11,862 | −$30,000 | −$1.2m | −$165,000 |
| Diluted earnings per share | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 |
| Total assets | $32,759 | $38,238 | $43,718 | $49,197 | $54,676 | $62,038 | $67,517 | $72,996 |
| Cash and short-term investments | — | — | — | — | — | $1,883 | $1,883 | $1,883 |
| Debt | $857,764 | $857,764 | $857,764 | $857,764 | $857,764 | $857,764 | $857,764 | $857,764 |
| Shareholders' equity | −$2.3m | −$2.3m | −$2.3m | −$2.3m | −$2.3m | −$2.3m | −$2.3m | −$1.0m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Operating income | -60.8% | -61.9% | -10.9% |
| Net income | -65.5% | -61.9% | -11.4% |
Valuation history
At each fiscal year end
| FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -0.6 | -0.0 | -0.5 | -0.0 | -0.0 | -0.1 | -0.3 | -0.3 | -0.5 | -2.5 |
| Price to sales | — | — | — | — | — | — | — | — | 27.6 | — |
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Return | 0% | 40% | 82% | -40% | -82% | 935% | -70% | -70% | -48% | 185% |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years.
- 1000-to-1 reverse split · 15 Feb 2012
- 50-to-1 reverse split · 23 Dec 2005
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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