T 
0.00
—
Close of 2 Nov 2026, in USD
At a glance
Figures in USD, from our data supplier.
Revenue
$98,994
FY2014FY2023
Net income
−$2.2m
FY2014FY2023
Free cash flow
−$1.1m
FY2014FY2023
Shareholders' equity
$1.1m
FY2014FY2023
Income statement
Fiscal years
| FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $98,994 | $206,767 | $145,956 | $62,681 | $27,495 | $3,484 | $2,851 | $1,911 | $268,892 | — |
| Research and development | $560,654 | $1.4m | $794,750 | $561,990 | $27,685 | $74,970 | $25,106 | $10,990 | $10,990 | $10,990 |
| Operating income | −$2.0m | −$3.3m | −$2.3m | −$1.8m | −$1.0m | −$1.2m | −$884,267 | −$570,935 | −$327,105 | −$327,105 |
| Net income | −$2.2m | −$3.8m | −$3.0m | −$2.2m | −$1.7m | −$1.9m | −$995,472 | −$586,441 | −$288,750 | −$288,750 |
| Diluted earnings per share | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 |
Balance sheet
At each fiscal year end
| FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $3.3m | $3.6m | $1.7m | $603,474 | $311,000 | $206,931 | $26,525 | $104,875 | $201,217 | $201,217 |
| Cash and short-term investments | $27,823 | $18,040 | $94,036 | $252,147 | $26,410 | $22,397 | $29 | $21,910 | $2,894 | — |
| Total liabilities | $2.0m | $2.2m | $2.5m | $2.4m | $2.3m | $2.0m | $1.3m | $759,707 | $332,505 | $332,505 |
| Debt | $888,064 | $1.1m | $1.1m | $1.0m | $981,622 | $504,271 | $456,660 | $296,951 | $30,000 | $27,174 |
| Shareholders' equity | $1.1m | $1.2m | −$804,982 | −$1.8m | −$2.0m | −$1.8m | −$1.3m | −$654,832 | −$131,288 | −$131,288 |
| Shares outstanding | 3,803m | 2,610m | 2,267m | 2,234m | 1,615m | 2,695m | 983m | 570m | 570m | 301m |
Cash flow
Fiscal years
| FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −$1.1m | −$1.0m | −$718,922 | −$663,079 | −$310,714 | −$469,172 | −$366,717 | −$385,741 | −$59,619 | −$332,536 |
| Capital spending | −$16,158 | −$200,000 | −$260,565 | −$5,448 | −$5,448 | −$5,448 | −$5,448 | — | — | — |
| Free cash flow | −$1.1m | −$1.2m | −$979,487 | −$668,527 | −$316,162 | −$474,620 | −$372,165 | −$385,741 | −$59,619 | −$332,536 |
Latest quarters
By quarter end
| Sept 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sept 2023 | Jun 2023 | Mar 2023 | Dec 2022 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $19,667 | $20,005 | $21,814 | $23,833 | $25,730 | $26,308 | $23,123 | $8,579 |
| Operating income | −$2.0m | −$404,038 | −$673,241 | −$556,771 | −$457,335 | −$542,506 | −$429,867 | −$758,628 |
| Net income | −$1.0m | −$390,046 | −$585,141 | −$427,492 | −$602,041 | −$562,400 | −$270.4m | −$1.3m |
| Diluted earnings per share | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.07 | -0.00 |
| Capital spending | — | — | −$16.0m | — | — | — | — | — |
| Total assets | $3.6m | $3.8m | $4.1m | $3.3m | $3.5m | $3.5m | $3.5m | $3.6m |
| Cash and short-term investments | $9,233 | $8,318 | $53,477 | — | $90,138 | $123,083 | $18,531 | $18,040 |
| Debt | $850,895 | $875,574 | $833,683 | $5,512 | $784,239 | $780,830 | $1.1m | $1.1m |
| Shareholders' equity | $1.3m | $1.3m | $1.4m | $1.1m | $1.3m | $1.5m | $1.2m | $1.4m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 16.5% | 95.3% | — |
| Operating income | 2.4% | 10.6% | 8.9% |
| Net income | -0.5% | 3.1% | 14.7% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | -1722.2% | -1831.2% | -2138.5% | — |
| Net margin | -1957.0% | -2166.6% | -2697.1% | — |
Valuation history
At each fiscal year end
| FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|
| Price to earnings | -0.0 | -0.1 | -0.3 | -0.1 | -0.0 | -0.0 | -0.0 | — |
| Price to sales | 0.5 | 0.9 | 5.5 | 2.8 | 0.5 | 11.4 | 2.6 | 0.3 |
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Return | 1948% | -60% | -85% | -69% | 239% | 755% | 0% | 17% | 655% | 280% |
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.