S 
8.58
+1.90%
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
—
FY2016FY2025
Net income
−$26.9m
FY2016FY2025
Free cash flow
−$28.4m
FY2016FY2025
Shareholders' equity
$70.9m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | — | — | — | $1.0m | $7.6m | $1,900 | — | — | — | — |
| Gross profit | — | — | — | $900,000 | $7.4m | $1,900 | — | — | — | −$3,000 |
| Research and development | $16.0m | $19.1m | $24.0m | $30.3m | $21.4m | $9.3m | $10.1m | $18.3m | $6.1m | $19.9m |
| Operating income | −$28.3m | −$31.5m | −$37.9m | −$42.0m | −$25.3m | −$17.0m | −$20.0m | −$31.6m | −$23.0m | −$16.0m |
| Net income | −$26.9m | −$30.9m | −$37.3m | −$41.3m | −$20.7m | −$16.8m | −$19.3m | −$27.7m | −$23.8m | −$23.5m |
| Diluted earnings per share | -0.18 | -0.42 | -1.21 | -1.99 | -1.30 | -1.61 | -4.00 | -63.39 | -199.61 | -927.13 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $78.3m | $19.4m | $6.2m | $20.9m | $26.4m | $46.0m | $16.6m | $16.9m | $33.5m | $65.8m |
| Cash and short-term investments | $71.9m | $13.9m | $2.5m | $17.1m | $21.5m | $35.3m | $7.3m | $5.3m | $2.3m | $18.1m |
| Total liabilities | $7.5m | $10.0m | $14.2m | $16.1m | $6.1m | $18.1m | $10.5m | $11.7m | $31.5m | $37.2m |
| Debt | $544,000 | — | — | — | — | — | — | — | $11.0m | $7.4m |
| Shareholders' equity | $70.9m | $9.5m | −$8.0m | $4.9m | $20.3m | $28.0m | $6.1m | $5.2m | $2.1m | $28.7m |
| Shares outstanding | 153m | 74m | 31m | 21m | 16m | 10m | 5m | 0m | 0m | 0m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −$28.4m | −$35.4m | −$31.4m | −$23.8m | −$26.0m | −$10.4m | −$17.6m | −$30.4m | −$11.0m | −$44.9m |
| Capital spending | — | — | −$5.5m | −$4.5m | — | — | — | — | — | −$6,000 |
| Free cash flow | −$28.4m | −$35.4m | −$36.9m | −$28.3m | −$26.0m | −$10.4m | −$17.6m | −$30.4m | −$11.0m | −$44.9m |
| Dividends paid | — | — | — | — | — | — | — | −$487,000 | −$675,000 | −$487,000 |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Operating income | −$10.6m | −$9.3m | −$8.3m | −$7.1m | −$6.9m | −$6.1m | −$6.9m | −$7.3m |
| Net income | −$9.6m | −$8.4m | −$7.7m | −$6.8m | −$6.6m | −$5.8m | −$6.7m | −$7.1m |
| Diluted earnings per share | -0.05 | -0.04 | -0.05 | -0.04 | -0.04 | -0.04 | -0.09 | -0.10 |
| Cash from operations | −$7.0m | −$8.0m | −$4.0m | −$7.0m | −$7.0m | −$9.0m | −$7.0m | −$7.0m |
| Total assets | $145.4m | $114.2m | $78.3m | $51.6m | $32.3m | $35.0m | $19.4m | $26.5m |
| Cash and short-term investments | $138.4m | $107.2m | $71.9m | $44.4m | $25.3m | $28.4m | $13.9m | $21.0m |
| Debt | $580,000 | $562,000 | $544,000 | $599,000 | $580,000 | $561,000 | $544,000 | $576,000 |
| Shareholders' equity | $137.7m | $107.4m | $70.9m | $45.6m | $26.1m | $27.8m | $9.5m | $15.9m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Operating income | -12.3% | 10.7% | -1.9% |
| Net income | -13.4% | 9.9% | -8.3% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -21.5 | -2.5 | -0.6 | -0.3 | -0.4 | -0.4 | -0.1 | -0.0 | -0.0 | -0.0 |
| Price to sales | — | — | — | 14.5 | 1.2 | — | — | — | — | — |
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Return | 179% | 12% | 26% | -7% | -12% | 293% | -87% | -84% | -78% | -93% |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years.
- 50-to-1 reverse split · 8 Nov 2019
- 30-to-1 reverse split · 2 Jan 2018
- 20-to-1 reverse split · 14 Nov 2016
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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