R 
0.62
+1.17%
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.
Net income
−$49.9m
FY2016FY2025
Free cash flow
−$19.4m
FY2016FY2025
Shareholders' equity
$16.9m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit | −$1,000 | −$63,000 | — | — | — | — | — | — | — | — |
| Research and development | $11.0m | $14.2m | $3,991 | $17,967 | $17,008 | $11,166 | $17.7m | $18.4m | $14.2m | $10.3m |
| Operating income | −$21.9m | −$65.1m | −$16,276 | −$27,647 | −$26,605 | −$20,496 | −$30.0m | −$31.9m | −$23.0m | −$18.2m |
| Net income | −$49.9m | −$62.9m | −$15,732 | −$27,329 | −$26,164 | −$21,157 | −$29.4m | −$31.6m | −$22.6m | −$18.2m |
| Diluted earnings per share | -1.96 | -2,897.83 | -0.00 | -0.01 | -0.01 | -0.01 | -23.87 | -42.63 | -30.60 | -24.59 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $24.2m | $69.2m | $106.0m | $22.0m | $48.5m | $16.3m | $26.5m | $30.3m | $52.7m | $22.0m |
| Cash and short-term investments | $3.2m | $12.9m | $17.3m | $21.2m | $45.9m | $13.8m | $18.3m | $20.7m | $50.8m | $20.7m |
| Total liabilities | $7.2m | $14.8m | $99.1m | $3.4m | $4.6m | $4.2m | $10.4m | $10.7m | $4.9m | $133.8m |
| Debt | — | — | $48,000 | $33,000 | $162,000 | $387,000 | $5.0m | $5.3m | — | — |
| Shareholders' equity | $16.9m | $54.4m | $6.9m | $18.6m | $43.9m | $12.2m | $16.0m | $19.6m | $47.8m | −$111.8m |
| Shares outstanding | 25m | 0m | 5m | 5m | 4m | 2m | 1m | 1m | 1m | 1m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −$19.4m | −$22.3m | −$19.8m | −$24.9m | −$23.8m | −$20.5m | −$26.5m | −$27.9m | −$20.5m | −$15.0m |
| Capital spending | — | — | — | — | −$157,000 | −$5,000 | −$151,000 | −$4.4m | −$142,000 | — |
| Free cash flow | −$19.4m | −$22.3m | −$19.8m | −$24.9m | −$23.9m | −$20.5m | −$26.6m | −$32.3m | −$20.7m | −$15.0m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Gross profit | — | — | — | — | −$1,000 | — | — | — |
| Operating income | −$6.1m | −$5.2m | −$4.0m | −$5.5m | −$6.9m | −$5.6m | −$42.8m | −$6.1m |
| Net income | −$6.4m | −$5.8m | −$32.0m | −$5.6m | −$6.8m | −$5.5m | −$41.0m | −$5.8m |
| Diluted earnings per share | -0.21 | -0.19 | -1.26 | -0.22 | -0.27 | -0.22 | -1,888.53 | -269.45 |
| Cash from operations | −$8.0m | −$3.0m | −$3.0m | −$3.0m | −$6.0m | −$6.0m | −$4.0m | −$3.0m |
| Total assets | $66.0m | $26.3m | $24.2m | $53.7m | $57.5m | $57.6m | $62.2m | $104.2m |
| Cash and short-term investments | $40.6m | $4.4m | $3.2m | $4.0m | $5.7m | $7.4m | $12.9m | $17.7m |
| Debt | — | $4.9m | — | — | — | — | — | — |
| Shareholders' equity | $10.2m | $11.6m | $16.9m | $46.2m | $3.0m | $4.9m | $54.4m | $50.2m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Operating income | 825.7% | 303.5% | 5.5% |
| Net income | 1122.0% | 372.6% | 14.4% |
Valuation history
At each fiscal year end
| FY2025 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|
| Price to earnings | -0.6 | -924.3 | -269.9 | -1071.3 | -1223.7 | -0.3 | -0.3 | -4.3 |
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Return | -31% | -42% | 106% | -76% | -49% | 62% | -24% | -92% | -9% |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years.
- 20-to-1 reverse split · 11 Nov 2022
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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