S 
0.46
+4.85%
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
$1.3m
FY2016FY2025
Net income
−$8.3m
FY2016FY2025
Free cash flow
−$6.1m
FY2016FY2025
Shareholders' equity
$8.1m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.3m | $658,000 | — | — | — | — | — | — | — | — |
| Research and development | $2.4m | $5.5m | $5.2m | $5.8m | $2.6m | $14.4m | $19.9m | $19.3m | $5.6m | $2.4m |
| Operating income | −$8.0m | −$8.6m | −$9.7m | −$11.1m | −$10.8m | −$19.8m | −$22.7m | −$20.6m | −$6.8m | −$3.1m |
| Net income | −$8.3m | $4.8m | −$6.5m | −$5.8m | −$12.4m | −$1.3m | −$31.6m | −$23.5m | −$9.9m | −$2.4m |
| Diluted earnings per share | -0.00 | 0.00 | -21.64 | -298.76 | -56.55 | -112.65 | -2,900.92 | -3,609.08 | -1,504.55 | -701.18 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $11.6m | $13.4m | $17.5m | $27.1m | $32.0m | $17.7m | $33.5m | $28.3m | $23.5m | $7.8m |
| Cash and short-term investments | $1.7m | $2.0m | $4.9m | $14.1m | $17.4m | $2.9m | $21.0m | $20.3m | $20.5m | $6.6m |
| Total liabilities | $3.5m | $3.5m | $22.0m | $28.8m | $31.1m | $22.2m | $52.4m | $36.6m | $7.3m | $1.2m |
| Debt | $2.3m | $2.1m | $20.6m | $21.5m | $29.2m | $20.9m | $38.0m | $25.2m | — | — |
| Shareholders' equity | $8.1m | $10.0m | −$4.6m | −$1.8m | $982,000 | −$4.5m | −$18.8m | −$8.3m | $16.2m | $6.6m |
| Shares outstanding | 13,873m | 3,412m | — | 0m | — | 0m | 0m | 0m | 0m | 0m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −$6.0m | −$6.3m | −$9.4m | −$7.3m | −$7.4m | −$21.1m | −$22.3m | −$15.3m | −$2.9m | −$2.5m |
| Capital spending | −$24,000 | −$12,000 | −$637,000 | −$836,000 | −$139,000 | −$1.8m | −$2.2m | −$6.3m | −$1.3m | −$5,191 |
| Free cash flow | −$6.1m | −$6.3m | −$10.0m | −$8.1m | −$7.6m | −$22.9m | −$24.5m | −$21.6m | −$4.2m | −$2.5m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | Jun 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $467,898 | $487,674 | $269,000 | $386,500 | $586,000 | $206,000 | $168,000 | $284,000 |
| Operating income | −$2.2m | −$2.5m | −$1.9m | −$1.9m | −$1.6m | −$2.3m | −$2.4m | $4.0m |
| Net income | −$2.0m | $3.6m | −$2.1m | −$2.1m | −$1.6m | −$2.2m | $10.5m | −$2.3m |
| Diluted earnings per share | -0.04 | 0.06 | -0.00 | -0.00 | -0.00 | -0.00 | 0.00 | -0.00 |
| Cash from operations | −$2.0m | −$1.0m | −$1.0m | −$1.0m | −$1.0m | −$1.0m | −$2.0m | −$1.0m |
| Total assets | $17.2m | $17.6m | $11.6m | $11.8m | $11.8m | $13.4m | $12.3m | $14.9m |
| Cash and short-term investments | $2.9m | $3.1m | $1.7m | $989,000 | $989,000 | — | $1.0m | $3.1m |
| Debt | $653,997 | $641,004 | $329,000 | $790,000 | $497,000 | $260,000 | $644,000 | $20.2m |
| Shareholders' equity | $11.7m | $11.8m | $8.1m | $7.9m | $7.9m | $10.0m | $10.0m | −$7.3m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Operating income | -10.4% | -16.7% | 10.6% |
| Net income | 12.7% | 45.0% | 12.2% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | -842.9% | — | — | — |
| Net margin | -178.3% | — | — | — |
Valuation history
At each fiscal year end
| FY2025 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -750.5 | -0.0 | -0.1 | -0.1 | -0.7 | -0.1 | -0.0 | -0.1 | -0.1 | -0.1 |
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Return | -78% | -52% | -80% | -46% | -53% | -56% | 50% | 2% | 28% | 1% |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years.
- 10-to-1 reverse split · 21 Aug 2026
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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