V 
2.82
+2.55%
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
—
FY2016FY2025
Net income
−$7.5m
FY2016FY2025
Free cash flow
−$7.4m
FY2016FY2025
Shareholders' equity
$15.1m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | — | — | — | — | — | — | — | — | $358,000 | — |
| Gross profit | −$88,000 | −$55,000 | −$40,000 | −$45,000 | −$49,000 | −$48,000 | −$52,000 | −$983,000 | −$297,000 | −$618,000 |
| Research and development | — | — | — | — | — | $4.5m | — | — | $6.9m | $10.2m |
| Operating income | −$9.3m | $10.5m | −$6.8m | −$5.5m | −$15.3m | −$8.3m | −$8.0m | −$10.9m | −$10.8m | −$7.7m |
| Net income | −$7.5m | $11.2m | −$6.6m | −$4.9m | −$15.2m | $420,000 | −$9.4m | −$8.7m | −$12.0m | −$3.1m |
| Diluted earnings per share | -0.06 | 0.09 | -0.05 | -0.04 | -0.13 | 0.00 | -0.09 | -0.09 | -0.12 | -0.03 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $16.3m | $19.0m | $8.9m | $11.0m | $16.3m | $17.2m | $16.7m | $22.1m | $31.1m | $41.6m |
| Cash and short-term investments | $13.6m | $16.9m | $6.1m | $8.1m | $13.1m | $8.5m | $8.3m | $13.5m | $20.3m | $28.9m |
| Total liabilities | $1.2m | $1.1m | $4.0m | $957,000 | $2.0m | $1.4m | $4.0m | $872,000 | $2.1m | $1.1m |
| Shareholders' equity | $15.1m | $17.9m | $5.0m | $10.0m | $14.3m | $15.9m | $12.6m | $21.3m | $29.1m | $40.5m |
| Shares outstanding | 127m | 124m | 121m | 110m | 116m | 104m | 101m | 100m | 99m | 98m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −$6.6m | −$5.7m | −$5.9m | −$7.4m | −$10.6m | −$7.0m | −$7.1m | −$8.6m | −$8.8m | −$5.0m |
| Capital spending | −$742,000 | −$344,000 | −$51,000 | −$5,000 | −$139,000 | −$68,000 | −$40,000 | −$63,000 | −$63,000 | −$37,000 |
| Free cash flow | −$7.4m | −$6.1m | −$5.9m | −$7.4m | −$10.8m | −$7.0m | −$7.1m | −$8.6m | −$8.9m | −$5.1m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | — | — | — | — | — | $80,000 | — |
| Gross profit | −$67,000 | −$36,000 | −$21,000 | −$22,000 | −$23,000 | −$22,000 | −$14,576 | −$14,000 |
| Operating income | −$3.4m | −$3.3m | −$1.8m | −$2.1m | −$2.5m | −$2.9m | −$1.8m | −$1.8m |
| Net income | −$3.0m | −$3.1m | −$1.7m | −$723,000 | −$2.4m | −$2.7m | −$1.6m | −$1.6m |
| Diluted earnings per share | -0.02 | -0.02 | -0.01 | -0.01 | -0.02 | -0.02 | -0.01 | -0.01 |
| Cash from operations | −$2.0m | −$2.0m | −$1.0m | — | −$2.0m | −$1.0m | −$1.0m | −$1.0m |
| Total assets | $52.3m | $55.3m | $16.3m | $15.9m | $15.2m | $17.0m | $19.0m | $20.1m |
| Cash and short-term investments | $49.5m | $52.7m | $13.6m | $13.7m | $13.2m | $15.0m | $16.9m | $19.0m |
| Shareholders' equity | $50.8m | $53.4m | $15.1m | $14.7m | $13.9m | $15.6m | $17.9m | $19.0m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Operating income | 19.5% | 2.2% | 2.2% |
| Net income | 15.0% | — | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -33.4 | 6.2 | -8.3 | -11.2 | -5.4 | 266.2 | -7.8 | -6.1 | -5.8 | -30.0 |
| Price to sales | — | — | — | — | — | — | — | — | 194.4 | — |
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Return | 296% | 22% | -10% | -24% | -41% | 68% | 16% | -14% | -25% | 203% |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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