U 
0.00
0.00%
Close of 30 Oct 2026, in USD
At a glance
Figures in USD, from our data supplier.
Revenue
$3.6m
FY2014FY2023
Net income
−$1.1m
FY2014FY2023
Free cash flow
−$818,249
FY2014FY2023
Shareholders' equity
−$4.6m
FY2014FY2023
Income statement
Fiscal years
| FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.6m | $1.1m | $67,000 | $43,000 | $2.6m | $2.4m | $2.1m | $1.6m | $69,875 | $113,381 |
| Research and development | — | $122,000 | $40,000 | $236,000 | $230,000 | $465,000 | $332,087 | $151,300 | $254,138 | — |
| Operating income | −$1.1m | −$1.7m | −$1.1m | −$735,000 | −$8.5m | −$3.7m | −$379,240 | −$1.3m | −$49,951 | −$6,325 |
| Net income | −$1.1m | −$9.0m | $3.1m | $485,000 | −$8.7m | −$4.1m | −$545,868 | −$1.3m | −$49,951 | −$6,325 |
| Diluted earnings per share | -0.01 | -0.09 | 0.03 | 0.01 | -0.10 | -0.07 | -0.01 | -0.03 | -0.00 | -0.00 |
Balance sheet
At each fiscal year end
| FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $3.1m | $2.7m | $3.0m | $2.3m | $558,000 | $562,000 | $534,484 | $5.7m | $38,144 | $50,095 |
| Cash and short-term investments | — | $124,529 | $1.9m | $108,000 | $107,000 | $224,000 | $44,496 | $1.1m | $20,804 | $31,479 |
| Total liabilities | $7.7m | $8.5m | $1.5m | $4.2m | $3.9m | $3.8m | $4.4m | $5.0m | $83,500 | $45,500 |
| Debt | $6.1m | $7.6m | $1.9m | $3.1m | $3.3m | $3.4m | $4.1m | $4.6m | — | — |
| Shareholders' equity | −$4.6m | −$5.8m | $1.5m | −$1.9m | −$3.3m | −$3.2m | −$3.9m | $699,692 | −$45,356 | $4,595 |
| Shares outstanding | 103m | 99m | 98m | 96m | 90m | 55m | 37m | 37m | 151m | 30m |
Cash flow
Fiscal years
| FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −$217,608 | −$1.5m | $3.0m | $531,000 | −$315,000 | −$2.7m | −$570,716 | −$1.2m | −$10,675 | $10,559 |
| Capital spending | −$600,641 | −$644,630 | −$159,000 | −$1.3m | −$101,000 | −$70,000 | −$1,524 | −$207,565 | −$199,640 | −$88.5m |
| Free cash flow | −$818,249 | −$2.2m | $2.8m | −$772,000 | −$416,000 | −$2.8m | −$572,240 | −$1.5m | −$210,315 | −$88.5m |
| Dividends paid | — | — | — | — | — | — | — | −$202,128 | −$202,128 | −$89.6m |
Latest quarters
By quarter end
| Sept 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sept 2023 | Jun 2023 | Mar 2023 | Dec 2022 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $151,798 | $74,895 | $290,542 | $533,204 | $755,152 | $1.3m | $442,114 | $442,114 |
| Operating income | −$292,868 | −$401,404 | −$404,900 | −$332,431 | −$585,900 | −$36,276 | −$367,647 | −$367,647 |
| Net income | −$338,981 | −$423,452 | −$438,954 | −$313,860 | −$640,835 | −$45,544 | −$222,320 | −$467,320 |
| Diluted earnings per share | -0.00 | -0.00 | -0.00 | -0.00 | -0.01 | -0.00 | -0.00 | -0.00 |
| Total assets | $3.0m | $3.0m | $3.0m | $3.1m | $3.0m | $3.1m | $2.7m | $2.7m |
| Cash and short-term investments | $2,847 | $42,401 | $49,056 | — | $4,116 | $9,934 | $124,529 | — |
| Debt | $6.6m | $6.4m | $6.3m | $5.8m | $7.9m | $7.8m | $7.5m | $7.3m |
| Shareholders' equity | −$5.8m | −$5.5m | −$5.1m | −$4.6m | −$6.2m | −$5.6m | −$5.8m | −$5.8m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 338.5% | 8.4% | 53.1% |
| Operating income | 12.7% | -22.3% | — |
| Net income | — | -23.0% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | -59.3% | -95.6% | -170.1% | -134.0% |
| Net margin | -214.4% | -136.1% | -195.6% | -153.5% |
Valuation history
At each fiscal year end
| FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|
| Price to earnings | -1.1 | -0.0 | 0.1 | 0.3 | -0.0 | -0.1 | -0.1 | -0.0 |
| Price to sales | 0.3 | 0.3 | 3.1 | 3.4 | 0.1 | 0.1 | 0.0 | 0.0 |
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Return | -93% | -57% | -18% | 393% | -51% | -59% | 1% | 262% | -3% | -2% |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 2 Jun 2016.
| FY2016 | |
|---|---|
| Paid in the year | 0.00 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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