U 
1.60
+15.11%
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
$17.9m
FY2018FY2025
Net income
−$3.7m
FY2018FY2025
Free cash flow
−$5.4m
FY2018FY2025
Shareholders' equity
$56.1m
FY2018FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $17.9m | $23.0m | $32.3m | $40.1m | $48.0m | $30.7m | $33.2m | $28.5m |
| Research and development | $671,761 | $3.6m | $4.9m | $7.6m | $5.5m | $583,125 | $618,437 | $789,382 |
| Operating income | −$3.4m | −$7.8m | −$3.8m | −$7.8m | $13.7m | $10.3m | $9.8m | $9.7m |
| Net income | −$3.7m | −$8.7m | −$6.2m | −$8.7m | $11.3m | $7.6m | $7.6m | $7.6m |
| Diluted earnings per share | -6.52 | -221.51 | -1,044.59 | -1,480.77 | 2,135.84 | 1,303.14 | 0.36 | 0.36 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Total assets | $69.3m | $68.0m | $53.3m | $59.5m | $70.1m | $28.8m | $17.8m | $28.1m |
| Cash and short-term investments | $33.6m | — | $18.5m | $18.9m | $21.8m | $10.1m | $3.2m | $6.2m |
| Total liabilities | $13.2m | $22.5m | $13.8m | $13.1m | $11.2m | $8.0m | $5.5m | $18.4m |
| Debt | $9.3m | $2.1m | $5.5m | $3.9m | $4.3m | $2.6m | $2.5m | $2.6m |
| Shareholders' equity | $56.1m | $45.5m | $39.5m | $46.4m | $58.9m | $20.8m | $12.4m | $9.7m |
| Shares outstanding | 1m | 0m | 0m | 0m | 0m | 0m | 21m | 21m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | −$5.1m | −$9.5m | $1.1m | −$1.3m | −$2.1m | $6.1m | $13.2m | $4.5m |
| Capital spending | −$347,187 | −$363,089 | −$44,172 | −$93,703 | −$13.5m | −$51,798 | −$86,324 | −$145,095 |
| Free cash flow | −$5.4m | −$9.9m | $1.1m | −$1.4m | −$15.6m | $6.1m | $13.1m | $4.3m |
| Dividends paid | — | — | — | — | — | — | −$16.0m | −$3.1m |
Latest quarters
By quarter end
| Jun 2026 | Dec 2025 | Sept 2025 | Mar 2025 | Sept 2024 | Jun 2024 | Mar 2024 | Dec 2023 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $9.0m | $8.7m | $8.7m | $9.2m | $10.1m | $12.9m | $12.9m | $13.8m |
| Operating income | −$1.5m | −$589,158 | −$589,200 | −$2.3m | −$6.3m | −$1.7m | −$1.7m | −$3.7m |
| Net income | −$1.6m | −$387,300 | −$387,300 | −$3.3m | $4.4m | −$13.1m | −$13.1m | −$5.4m |
| Diluted earnings per share | -2.76 | -0.69 | -0.69 | -5.83 | 201.01 | -332.52 | -2,154.84 | -923.33 |
| Cash from operations | −$4.0m | −$7.0m | — | $2.0m | — | −$2.0m | — | −$3.0m |
| Total assets | $71.5m | $69.3m | $69.3m | $80.7m | $68.0m | $49.4m | $49.4m | $53.3m |
| Cash and short-term investments | $29.0m | $33.6m | — | $47.3m | — | $11.4m | — | $18.5m |
| Debt | $7.4m | $9.3m | — | $7.7m | $2.1m | $4.4m | $2.1m | $5.5m |
| Shareholders' equity | $55.6m | $56.1m | $56.1m | $55.2m | $45.5m | $26.7m | $26.7m | $39.5m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -23.9% | -10.4% | — |
| Operating income | -24.0% | — | — |
| Net income | -25.1% | — | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | -27.6% | -20.2% | 0.5% | — |
| Net margin | -30.3% | -24.1% | -4.4% | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Price to earnings | -0.3 | -0.0 | -0.0 | -0.1 | 0.0 |
| Price to sales | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 |
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Return | -79% | -56% | -78% | -5% | -65% |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years.
- 40-to-1 reverse split · 24 Mar 2025
- 15-to-1 reverse split · 18 Nov 2024
- 6-to-1 reverse split · 28 Jul 2023
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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