T 
0.00
—
Close of 4 Nov 2026, in USD
At a glance
Figures in USD, from our data supplier.
Revenue
$7.7m
FY2014FY2022
Net income
−$25.0m
FY2014FY2022
Free cash flow
−$2.8m
FY2014FY2022
Shareholders' equity
−$35.5m
FY2014FY2022
Income statement
Fiscal years
| FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $7.7m | $12.2m | $5.2m | — | — | — | — | — | — |
| Research and development | $620,000 | $824,000 | $9.9m | $755,699 | $459,184 | $720,527 | $317,907 | $374,023 | $336,474 |
| Operating income | −$9.7m | −$9.3m | −$14.3m | −$3.5m | −$1.4m | −$1.3m | −$728,889 | −$830,980 | −$400,846 |
| Net income | −$25.0m | −$43.3m | −$29.8m | −$9.8m | −$457,541 | −$2.7m | −$653,461 | −$818,541 | −$322,067 |
| Diluted earnings per share | -0.02 | -0.06 | -0.08 | -0.01 | -0.00 | -0.00 | -0.00 | -0.02 | -0.01 |
Balance sheet
At each fiscal year end
| FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | |
|---|---|---|---|---|---|---|---|---|---|
| Total assets | $15.3m | $15.1m | $6.0m | $90,901 | $199,125 | $816,429 | $583,812 | $292,280 | $128,686 |
| Cash and short-term investments | $34,000 | $189,000 | $935,000 | $12,155 | $63,550 | $683,202 | $439,077 | $161,751 | $60,600 |
| Total liabilities | $50.2m | $39.3m | $17.0m | $6.3m | $1.4m | $2.2m | $987,761 | $819,790 | $716,379 |
| Debt | $38.3m | $31.8m | $11.4m | $3.9m | $629,937 | $659,526 | $592,868 | $608,435 | $616,636 |
| Shareholders' equity | −$35.5m | −$24.2m | −$11.0m | −$6.2m | −$1.2m | −$1.3m | −$403,949 | −$527,510 | −$587,693 |
| Shares outstanding | 1,426m | 737m | 376m | 1,426m | 1,426m | 1,426m | 1,426m | 47m | 30m |
Cash flow
Fiscal years
| FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | |
|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −$2.7m | −$11.2m | −$2.6m | −$1.3m | −$1.1m | −$904,410 | −$469,389 | −$614,654 | −$317,548 |
| Capital spending | −$74,000 | −$1.1m | −$2.5m | −$1,073 | −$15,370 | −$3,596 | −$34,971 | −$117,788 | −$2,021 |
| Free cash flow | −$2.8m | −$12.3m | −$5.0m | −$1.3m | −$1.1m | −$908,006 | −$504,360 | −$732,442 | −$319,569 |
Latest quarters
By quarter end
| Dec 2022 | Sept 2022 | Jun 2022 | Mar 2022 | Dec 2021 | Sept 2021 | Jun 2021 | Mar 2021 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.4m | $1.9m | $2.2m | $2.2m | $4.5m | $1.0m | $1.7m | $5.0m |
| Operating income | −$2.0m | −$1.7m | −$1.8m | −$3.4m | −$3.6m | −$2.5m | −$1.7m | −$1.8m |
| Net income | −$5.0m | −$6.0m | −$7.3m | −$8.5m | −$18.8m | −$10.4m | $3.4m | −$17.6m |
| Diluted earnings per share | -0.00 | -0.00 | -0.01 | -0.01 | -0.03 | -0.01 | 0.00 | -0.02 |
| Cash from operations | — | — | −$1.0m | −$1.0m | −$1.0m | −$3.0m | −$2.0m | −$3.0m |
| Capital spending | −$1.0m | — | — | — | — | — | — | — |
| Total assets | $15.3m | $14.2m | $13.8m | $13.7m | $15.1m | $17.2m | $17.3m | $6.4m |
| Cash and short-term investments | $34,000 | $57,000 | $17,000 | $74,000 | $189,000 | $166,000 | $308,000 | $136,000 |
| Debt | $5.3m | $35.8m | $35.3m | $3.6m | $31.6m | $22.1m | $20.4m | $20.9m |
| Shareholders' equity | −$35.5m | −$31.2m | −$30.4m | −$25.2m | −$24.2m | −$10.5m | −$9.0m | −$19.5m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Operating income | 40.5% | 48.8% | 188.4% |
| Net income | 36.6% | 56.3% | 218.8% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | -95.5% | — | — | — |
| Net margin | -342.8% | — | — | — |
Valuation history
At each fiscal year end
| FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|
| Price to earnings | -0.0 | -0.0 | -0.0 | -0.0 | -1.0 | -0.0 |
| Price to sales | 0.0 | 0.0 | 0.1 | — | — | — |
Share price return
Finished calendar years
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|
| Return | 33% | -93% | -87% | 7% | 118% | 9% | 410% | 70% |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
Nothing here is investment advice. Prices can be delayed or wrong, so check with the exchange before relying on them. Data for this page. How we cover markets.