S
1.54
-1.28%
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
$1.0m
FY2016FY2025
Net income
−$17.1m
FY2016FY2025
Free cash flow
−$8.8m
FY2016FY2025
Shareholders' equity
$2.9m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.0m | $1.2m | $2.6m | $601,000 | $606,000 | $594,000 | $689,000 | $95,000 | $11.2m | $15.2m |
| Research and development | $4.6m | $5.2m | $8.7m | $6.5m | $5.9m | $4.8m | $3.4m | $3.0m | $5.1m | $6.3m |
| Operating income | −$10.7m | −$14.0m | −$13.4m | −$11.3m | −$10.6m | −$8.5m | −$6.6m | −$8.3m | −$11.2m | −$12.1m |
| Net income | −$17.1m | −$11.0m | −$8.3m | −$12.0m | −$9.3m | −$7.0m | −$4.8m | −$8.7m | −$9.3m | −$16.6m |
| Diluted earnings per share | -6.16 | -8.21 | -21.51 | -34.33 | -37.67 | -28.56 | -198.22 | -1,185.21 | -8,480.91 | -18,442.22 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $9.5m | $9.4m | $15.4m | $15.8m | $21.8m | $30.4m | $9.1m | $11.5m | $14.6m | $26.3m |
| Cash and short-term investments | $4.1m | $3.6m | $3.3m | $6.2m | $14.3m | $25.4m | $1.8m | $5.4m | $539,000 | $6.9m |
| Total liabilities | $6.6m | $5.5m | $6.6m | $10.1m | $4.6m | $4.6m | $3.9m | $3.1m | $9.2m | $11.9m |
| Debt | $3.2m | $4.0m | $4.8m | $3.6m | $2.9m | $2.3m | $2.2m | $169,000 | $3.0m | $7.0m |
| Shareholders' equity | $2.9m | $3.9m | $8.8m | $5.7m | $17.2m | $25.8m | $5.2m | $8.4m | $5.4m | $14.4m |
| Shares outstanding | 3m | 1m | 0m | 0m | 0m | 0m | 0m | 0m | 0m | 0m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −$8.6m | −$8.6m | −$14.1m | −$10.3m | −$10.1m | −$9.1m | −$6.4m | −$9.3m | −$4.7m | −$7.2m |
| Capital spending | −$189,000 | −$690,000 | −$530,000 | −$1.4m | −$3.7m | −$360,000 | −$147,000 | −$61,000 | −$1.2m | −$671,000 |
| Free cash flow | −$8.8m | −$9.3m | −$14.6m | −$11.7m | −$13.9m | −$9.5m | −$6.6m | −$9.4m | −$5.9m | −$7.8m |
| Dividends paid | — | — | −$6.5m | — | — | — | −$157,000 | — | −$6.3m | — |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $452,000 | $380,000 | $341,000 | $208,000 | $100,000 | $369,000 | $542,000 | $367,000 |
| Operating income | −$2.9m | −$3.2m | −$2.3m | −$3.4m | −$2.7m | −$2.4m | −$1.7m | −$6.4m |
| Net income | −$2.7m | −$2.8m | −$2.2m | −$10.3m | −$2.3m | −$2.3m | −$1.7m | −$6.2m |
| Diluted earnings per share | -0.56 | -0.58 | -0.80 | -3.70 | -0.84 | -0.83 | -1.26 | -4.65 |
| Cash from operations | −$2.0m | −$2.0m | −$2.0m | −$2.0m | −$2.0m | −$1.0m | −$1.0m | −$2.0m |
| Total assets | $10.4m | $7.8m | $9.5m | $11.4m | $9.2m | $11.4m | $9.4m | $11.3m |
| Cash and short-term investments | $3.6m | $1.9m | $4.1m | $6.3m | $4.3m | $6.5m | $3.6m | $4.8m |
| Debt | $426,000 | $528,000 | $405,000 | $443,000 | $480,000 | $490,000 | $488,000 | $603,000 |
| Shareholders' equity | $4.8m | $904,000 | $2.9m | $4.1m | $4.0m | $6.1m | $3.9m | $5.6m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 19.2% | 11.4% | -25.5% |
| Operating income | -1.8% | 4.7% | -1.2% |
| Net income | 12.4% | 19.4% | -3.3% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | -1094.0% | -900.6% | -1024.9% | -222.5% |
| Net margin | -1241.5% | -881.4% | -967.5% | -239.8% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -0.6 | -0.4 | -0.7 | -5.6 | -33.8 | -109.0 | -14.9 | -9.0 | -10.8 | -11.5 |
| Price to sales | 10.5 | 3.8 | 2.0 | 112.0 | — | — | 103.8 | — | 9.0 | 12.6 |
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Return | -10% | -75% | -90% | -89% | -61% | 21% | -73% | -87% | -61% | -61% |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years.
- 200-to-1 reverse split · 28 May 2024
- 100-to-1 reverse split · 20 Dec 2022
- 30-to-1 reverse split · 29 Jul 2019
- 12-to-1 reverse split · 10 Nov 2017
- 15-to-1 reverse split · 25 Jan 2016
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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