T 
1.09
+3.81%
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
$28,000
FY2016FY2025
Net income
−$14.3m
FY2016FY2025
Free cash flow
−$11.4m
FY2016FY2025
Shareholders' equity
$17.0m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $28,000 | — | $651,000 | $1.8m | $378,000 | $5.4m | $2.3m | $2.2m | $8.0m | $17.4m |
| Research and development | $6.0m | $6.7m | $5.5m | $1.7m | $2.4m | $4.0m | $4.7m | $13.1m | $19.4m | $21.4m |
| Operating income | −$13.5m | −$15.3m | −$16.9m | −$20.4m | −$18.1m | −$41.0m | −$54.2m | −$35.7m | −$38.7m | −$32.0m |
| Net income | −$14.3m | −$13.0m | −$18.4m | $42.5m | −$35.1m | −$40.4m | −$53.2m | −$47.1m | −$51.5m | −$43.2m |
| Diluted earnings per share | -0.34 | -0.50 | -1.00 | 5.69 | -5.50 | -8.75 | -13.38 | -13.35 | -20.44 | -19.04 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $29.7m | $18.2m | $20.4m | $47.5m | $77.9m | $66.3m | $91.4m | $120.5m | $75.6m | $100.0m |
| Cash and short-term investments | $20.4m | $8.9m | $9.4m | $15.8m | $46.6m | $42.9m | $66.1m | $105.7m | $60.5m | $80.3m |
| Total liabilities | $12.7m | $10.2m | $6.3m | $25.7m | $113.8m | $122.0m | $132.8m | $116.3m | $112.1m | $105.3m |
| Debt | $6.5m | $6.5m | — | $10.0m | $18.6m | $25.6m | $121.8m | $105.7m | $102.7m | $94.5m |
| Shareholders' equity | $17.0m | $8.0m | $14.1m | $21.8m | −$35.9m | −$55.8m | −$41.4m | $4.3m | −$36.5m | −$5.3m |
| Shares outstanding | 42m | 26m | 18m | 7m | 6m | 5m | 4m | 4m | 3m | 2m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −$11.4m | −$12.7m | −$17.5m | −$28.3m | −$30.0m | −$38.5m | −$51.2m | −$29.1m | −$29.8m | −$29.4m |
| Capital spending | — | — | −$100,000 | −$364,000 | −$1.8m | −$1.9m | −$3.5m | −$819,000 | −$2.4m | −$3.7m |
| Free cash flow | −$11.4m | −$12.7m | −$17.6m | −$28.7m | −$31.8m | −$40.4m | −$54.6m | −$29.9m | −$32.2m | −$33.1m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | — | — | $1,000 | — | $27,000 | $6.7m | — |
| Operating income | −$3.9m | −$3.9m | −$3.5m | −$3.4m | −$3.7m | −$2.9m | −$3.0m | −$3.7m |
| Net income | −$4.3m | −$2.6m | −$3.8m | −$4.4m | −$3.5m | −$2.6m | −$1.9m | −$3.4m |
| Diluted earnings per share | -0.06 | -0.03 | -0.09 | -0.10 | -0.08 | -0.06 | -0.07 | -0.13 |
| Cash from operations | −$3.0m | −$3.0m | −$2.0m | −$2.0m | −$2.0m | −$3.0m | −$2.0m | −$2.0m |
| Total assets | $26.8m | $30.2m | $29.7m | $30.7m | $16.5m | $15.0m | $18.2m | $21.0m |
| Cash and short-term investments | $17.1m | $21.1m | $20.4m | $21.3m | $6.8m | $5.4m | $8.9m | $11.1m |
| Shareholders' equity | $14.4m | $18.5m | $17.0m | $19.2m | $6.6m | $5.6m | $8.0m | $9.6m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -74.9% | -65.1% | -48.0% |
| Operating income | -12.8% | -19.9% | -3.5% |
| Net income | — | -18.8% | -5.2% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -3.4 | -1.1 | -0.7 | 0.4 | -2.0 | -2.8 | -3.1 | -3.5 | -2.0 | -1.1 |
| Price to sales | — | — | 20.9 | 9.5 | 189.2 | 21.1 | 73.3 | 75.8 | 12.8 | 2.7 |
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Return | 82% | -19% | -66% | -80% | -55% | -43% | -3% | 8% | 83% | -25% |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years.
- 20-to-1 reverse split · 26 Oct 2022
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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