S 
61.74
+1.20%
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
$19.4m
FY2016FY2025
Net income
−$6.1m
FY2016FY2025
Free cash flow
$275,000
FY2016FY2025
Shareholders' equity
$22.8m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $19.4m | $11.5m | $1.6m | $3.9m | $31.3m | $8.8m | $22.9m | $129,000 | $174,000 | — |
| Research and development | $22.8m | $17.8m | $23.5m | $12.7m | $20.4m | $27.9m | $40.6m | $28.1m | $25.8m | $17.0m |
| Operating income | −$7.5m | −$12.0m | −$29.3m | −$16.2m | $3.0m | −$30.2m | $25.9m | −$33.5m | −$31.6m | −$20.8m |
| Net income | −$6.1m | −$10.6m | −$27.2m | −$14.9m | $3.2m | −$27.4m | −$24.6m | −$32.2m | −$31.6m | −$20.8m |
| Diluted earnings per share | -2.20 | -3.80 | -0.98 | -0.65 | 0.14 | -1.19 | -1.15 | -1.70 | -1.76 | -1.15 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $29.9m | $35.8m | $45.3m | $46.6m | $69.2m | $59.2m | $61.3m | $69.7m | $15.3m | $11.0m |
| Cash and short-term investments | $24.0m | $23.9m | $38.0m | $33.6m | $43.2m | $50.2m | $50.4m | $63.0m | $9.0m | $7.0m |
| Total liabilities | $7.1m | $7.0m | $6.6m | $4.4m | $13.6m | $8.3m | $8.8m | $5.8m | $68.0m | $42.3m |
| Debt | $495,000 | — | — | — | — | — | — | — | — | — |
| Shareholders' equity | $22.8m | $28.9m | $38.6m | $42.2m | $55.6m | $50.8m | $52.5m | $63.9m | −$52.7m | −$31.3m |
| Shares outstanding | 3m | 3m | 28m | 23m | 24m | 23m | 21m | 19m | 18m | 18m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | $322,000 | −$13.9m | −$17.7m | −$9.5m | −$7.7m | −$25.2m | −$22.5m | −$23.5m | −$24.1m | −$18.5m |
| Capital spending | −$47,000 | −$2,000 | −$134,000 | −$171,000 | −$143,000 | −$449,000 | −$597,000 | −$1.1m | −$1.9m | −$385,000 |
| Free cash flow | $275,000 | −$13.9m | −$17.9m | −$9.7m | −$7.8m | −$25.7m | −$23.1m | −$24.5m | −$26.0m | −$18.9m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $591,000 | $108,000 | $696,000 | $400,000 | $17.3m | $1.0m | $278,000 | $5.4m |
| Operating income | −$4.2m | −$3.9m | −$3.4m | −$6.3m | $11.2m | −$9.1m | −$6.1m | −$828,000 |
| Net income | −$3.7m | −$3.7m | −$3.0m | −$5.9m | $11.6m | −$8.8m | −$5.8m | −$366,000 |
| Diluted earnings per share | -1.13 | -1.14 | -1.07 | -2.13 | 4.17 | -3.16 | -2.10 | -0.13 |
| Total assets | $53.8m | $58.5m | $29.9m | $34.6m | $39.3m | $27.1m | $35.8m | $43.0m |
| Cash and short-term investments | $47.9m | $52.8m | $24.0m | $20.8m | $24.3m | $16.9m | — | $28.1m |
| Debt | $519,000 | $485,000 | $495,000 | $491,000 | $482,000 | $433,000 | — | $384,000 |
| Shareholders' equity | $48.1m | $51.4m | $22.8m | $26.0m | $31.9m | $20.2m | $28.9m | $34.7m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 70.9% | 17.2% | — |
| Operating income | -22.6% | -24.3% | -2.4% |
| Net income | -25.7% | -25.9% | -4.5% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | -63.2% | -179.0% | -120.9% | — |
| Net margin | -54.0% | -161.9% | -108.7% | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Price to earnings | -19.2 | -2.5 | -6.7 | -42.0 | 323.2 | -48.8 | -88.4 | -21.0 |
| Price to sales | 6.1 | 2.3 | 117.7 | 161.3 | 33.3 | 152.5 | 95.0 | — |
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|
| Return | 1532% | -60% | -74% | -39% | -27% | 2% | 53% | -55% |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years.
- 10-to-1 reverse split · 5 May 2025
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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