R
7.52
-2.72%
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
$69.3m
FY2016FY2025
Net income
−$5.3m
FY2016FY2025
Free cash flow
−$1.2m
FY2016FY2025
Shareholders' equity
$37.0m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $69.3m | $101.5m | $83.6m | $72.8m | $61.9m | $62.2m | $61.3m | $63.4m | $57.3m | $53.3m |
| Gross profit | $11.7m | $17.5m | $8.7m | $4.1m | −$2.4m | $2.7m | $2.8m | −$1.6m | $3.7m | $6.8m |
| Research and development | — | $19,000 | $1.1m | $3.1m | $6.8m | $7.1m | $6.9m | $6.7m | $6.3m | $5.8m |
| Operating income | −$4.4m | $608,000 | −$7.0m | −$16.8m | −$30.3m | −$29.2m | −$34.1m | −$32.4m | −$25.9m | −$20.2m |
| Net income | −$5.3m | −$480,000 | −$8.4m | −$18.7m | −$32.7m | −$30.9m | −$34.1m | −$32.1m | −$25.9m | −$19.8m |
| Diluted earnings per share | -1.35 | -0.15 | -2.95 | -16.17 | -0.35 | -47.32 | -58.25 | -63.05 | -56.78 | -43.10 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $57.1m | $59.2m | $52.2m | $46.6m | $48.6m | $77.7m | $44.3m | $52.6m | $58.8m | $83.2m |
| Cash and short-term investments | $25.0m | $21.6m | $10.9m | $21.5m | $22.4m | $58.7m | $26.0m | $33.5m | $33.1m | $57.9m |
| Total liabilities | $20.2m | $26.6m | $30.9m | $32.5m | $46.0m | $43.6m | $24.0m | $25.3m | $25.9m | $30.2m |
| Debt | $12.5m | $13.5m | $13.4m | $16.4m | $28.9m | $23.9m | $4.0m | $5.5m | — | — |
| Shareholders' equity | $37.0m | $32.6m | $21.3m | $14.1m | $2.5m | $34.2m | $20.3m | $27.3m | $32.9m | $53.0m |
| Shares outstanding | 4m | 3m | 3m | 1m | 94m | 1m | 1m | 1m | 0m | 0m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −$659,000 | $4.2m | −$9.4m | −$16.9m | −$33.5m | −$29.6m | −$27.3m | −$20.4m | −$21.1m | −$12.5m |
| Capital spending | −$542,000 | −$1.0m | −$284,000 | −$281,000 | −$522,000 | −$1.0m | −$1.3m | −$994,256 | −$1.7m | −$355,264 |
| Free cash flow | −$1.2m | $3.2m | −$9.7m | −$17.2m | −$34.1m | −$30.7m | −$28.6m | −$21.4m | −$22.8m | −$12.8m |
| Dividends paid | — | — | — | — | −$6,000 | −$22.5m | −$147,900 | — | — | — |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $17.8m | $17.3m | $18.3m | $15.9m | $16.1m | $18.9m | $24.7m | $28.3m |
| Gross profit | $3.2m | $2.9m | $3.9m | $2.3m | $2.5m | $3.0m | $3.6m | $6.2m |
| Operating income | −$931,000 | −$1.4m | −$312,000 | −$1.5m | −$1.3m | −$1.3m | −$496,000 | $1.9m |
| Net income | −$1.2m | −$1.6m | −$554,000 | −$1.8m | −$1.5m | −$1.5m | −$756,000 | $1.7m |
| Diluted earnings per share | -0.30 | -0.41 | -0.14 | -0.44 | -0.38 | -0.38 | -0.23 | 0.51 |
| Cash from operations | $2.0m | — | $2.0m | −$1.0m | $1.0m | −$3.0m | — | $4.0m |
| Total assets | $56.5m | $57.4m | $57.1m | $57.5m | $52.6m | $54.0m | $59.2m | $57.1m |
| Cash and short-term investments | $24.8m | $23.9m | $25.0m | $23.7m | $18.4m | $17.3m | $21.6m | $18.3m |
| Debt | $10.9m | $10.9m | $10.7m | $11.0m | $11.4m | $10.7m | $10.9m | $11.0m |
| Shareholders' equity | $35.1m | $35.9m | $37.0m | $37.0m | $30.4m | $31.5m | $32.6m | $29.1m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -1.7% | 2.2% | 2.3% |
| Operating income | -35.9% | -31.5% | -11.6% |
| Net income | -34.2% | -29.7% | -9.5% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 17.1% | 12.8% | 9.4% | 8.5% |
| Operating margin | -2.2% | -8.4% | -19.3% | -29.0% |
| Net margin | -3.4% | -10.1% | -21.4% | -30.0% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -6.2 | -139.7 | -3.9 | -0.4 | -79.0 | -1.4 | -2.8 | -2.4 | -6.9 | -10.2 |
| Price to sales | 0.5 | 0.7 | 0.4 | 0.1 | 41.7 | 0.7 | 1.6 | 1.2 | 3.1 | 3.8 |
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Return | -59% | 99% | 75% | -77% | -61% | -58% | -10% | -56% | -6% | -31% |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years.
- 10-to-1 reverse split · 1 Jul 2026
- 11-to-1 reverse split · 13 May 2022
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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