E 
8.69
+15.25%
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
$5.6m
FY2016FY2025
Net income
−$9.6m
FY2016FY2025
Free cash flow
−$12.5m
FY2016FY2025
Shareholders' equity
$12.5m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $5.6m | $768,000 | $474,184 | $851,321 | $756,793 | $327,350 | $200,143 | $514,823 | $1.2m | $1.5m |
| Research and development | $4.1m | $8.3m | $10.8m | $12.5m | $20.6m | $17.1m | $23.2m | $32.9m | $33.2m | $32.8m |
| Operating income | −$9.1m | −$18.4m | −$22.1m | −$26.7m | −$41.4m | −$31.9m | −$38.8m | −$50.9m | −$49.4m | −$45.8m |
| Net income | −$9.6m | −$18.4m | −$19.4m | −$26.3m | −$41.4m | −$31.8m | −$38.4m | −$50.8m | −$49.4m | −$45.8m |
| Diluted earnings per share | -4.39 | -59.50 | -110.60 | -201.34 | -340.68 | -388.67 | -723.15 | -1,201.89 | -1,330.91 | -1,405.44 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $16.7m | $3.8m | $16.7m | $29.8m | $51.4m | $53.1m | $24.9m | $22.0m | $15.4m | $35.3m |
| Cash and short-term investments | $10.4m | $1.4m | $13.9m | $26.3m | $49.1m | $50.7m | $21.7m | $20.1m | $12.8m | $31.3m |
| Total liabilities | $4.2m | $4.9m | $5.2m | $5.1m | $4.4m | $4.1m | $5.9m | $3.6m | $3.6m | $6.7m |
| Debt | $1.2m | $1.5m | $1.3m | $2.0m | $668,720 | $1.4m | $2.1m | — | — | — |
| Shareholders' equity | $12.5m | −$1.1m | $11.5m | $24.6m | $47.0m | $49.1m | $19.0m | $18.4m | $11.8m | $28.6m |
| Shares outstanding | 2m | 0m | 0m | 0m | 0m | 0m | 0m | 0m | 0m | 0m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −$12.4m | −$17.6m | −$19.2m | −$23.6m | −$28.7m | −$24.8m | −$26.6m | −$32.5m | −$34.4m | −$33.1m |
| Capital spending | −$82,000 | −$123,000 | −$187,000 | −$164,994 | −$365,735 | −$136,631 | −$196,199 | −$859,819 | −$817,448 | −$1.1m |
| Free cash flow | −$12.5m | −$17.7m | −$19.4m | −$23.8m | −$29.1m | −$24.9m | −$26.8m | −$33.4m | −$35.2m | −$34.2m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $3.1m | $3.1m | $3.0m | $1.3m | $975,000 | $343,000 | $428,000 | $230,000 |
| Operating income | −$3.2m | −$1.8m | −$1.4m | −$2.2m | −$2.8m | −$3.6m | −$3.9m | −$3.6m |
| Net income | −$2.9m | −$1.7m | −$1.3m | −$2.1m | −$2.8m | −$3.4m | −$4.1m | −$3.4m |
| Diluted earnings per share | -0.53 | -0.30 | -0.61 | -0.97 | -1.27 | -1.54 | -13.35 | -11.03 |
| Cash from operations | −$5.0m | −$5.0m | −$2.0m | −$2.0m | −$2.0m | −$4.0m | −$2.0m | −$4.0m |
| Total assets | $45.4m | $45.6m | $16.7m | $17.8m | $12.3m | $13.4m | $3.8m | $4.0m |
| Cash and short-term investments | $31.2m | $36.6m | $10.4m | $12.9m | $8.7m | $10.1m | $1.4m | $1.5m |
| Debt | $539,000 | $550,000 | $579,000 | $594,000 | $1.2m | $908,000 | $1.5m | $767,000 |
| Shareholders' equity | $40.1m | $42.8m | $12.5m | $13.7m | $8.8m | $9.5m | −$1.1m | $434,000 |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 87.7% | 76.6% | 8.5% |
| Operating income | -30.1% | -22.2% | -10.5% |
| Net income | -28.5% | -21.3% | -10.0% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | -429.9% | -987.8% | -1698.8% | -2475.7% |
| Net margin | -437.5% | -953.4% | -1667.8% | -2453.3% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -0.9 | -0.5 | -0.2 | -0.6 | -0.5 | -0.7 | -0.4 | -0.7 | -2.2 | -1.1 |
| Price to sales | 1.6 | 12.2 | 7.7 | 19.0 | 29.8 | 66.8 | 69.7 | 70.6 | 92.8 | 34.6 |
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Return | 12% | -85% | -82% | -33% | -25% | 2% | -68% | -5% | -47% | 105% |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years.
- 30-to-1 reverse split · 11 Aug 2025
- 20-to-1 reverse split · 16 Aug 2023
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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