W
1.25
+5.93%
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
$4.7m
FY2016FY2025
Net income
−$10.3m
FY2016FY2025
Free cash flow
−$10.4m
FY2016FY2025
Shareholders' equity
$11.5m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $4.7m | $4.5m | $6.1m | $8.0m | $7.7m | $3.9m | $696,790 | $23,150 | — | — |
| Gross profit | $2.7m | $2.5m | $2.9m | $3.7m | $2.7m | $1.3m | $276,774 | $4,539 | −$6,661 | — |
| Research and development | $56,000 | $2.3m | $3.3m | $5.1m | $6.2m | $2.8m | $2.2m | $734,776 | $311,335 | $260,693 |
| Operating income | −$13.5m | −$15.6m | −$18.7m | −$17.7m | −$24.5m | −$13.1m | −$8.6m | −$3.3m | −$833,545 | −$281,227 |
| Net income | −$10.3m | −$5.9m | −$30.2m | −$17.6m | −$24.4m | −$12.6m | −$8.3m | −$3.3m | −$833,545 | −$281,227 |
| Diluted earnings per share | -0.20 | -0.13 | -0.69 | -0.43 | -0.62 | -0.34 | -0.29 | -0.14 | -0.04 | -0.02 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $16.0m | $15.1m | $28.5m | $30.6m | $44.2m | $48.8m | $20.4m | $12.8m | $3.3m | $293,109 |
| Cash and short-term investments | $3.5m | $3.6m | — | $19.3m | $34.9m | $41.6m | $17.0m | $12.4m | $3.1m | $255,072 |
| Total liabilities | $4.5m | $14.9m | $25.3m | $3.5m | $3.0m | $2.4m | $1.2m | $397,368 | $192,479 | $84,965 |
| Debt | $2.4m | $2.2m | — | $301,000 | $56,000 | $150,000 | $278,149 | — | — | — |
| Shareholders' equity | $11.5m | $250,000 | $3.2m | $27.1m | $41.3m | $46.4m | $19.2m | $12.4m | $3.1m | $208,144 |
| Shares outstanding | 52m | 46m | 44m | 41m | 39m | 37m | 29m | 24m | 23m | 17m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −$10.3m | −$8.1m | −$16.7m | −$14.6m | −$18.2m | −$12.2m | −$8.5m | −$2.7m | −$833,709 | −$213,468 |
| Capital spending | −$100,000 | −$12,000 | −$623,000 | −$256,000 | −$995,000 | −$921,000 | −$371,016 | −$134,295 | −$35,103 | −$11,446 |
| Free cash flow | −$10.4m | −$8.1m | −$17.3m | −$14.9m | −$19.2m | −$13.1m | −$8.9m | −$2.8m | −$868,812 | −$224,914 |
| Dividends paid | −$1.1m | −$120,000 | −$58,000 | — | — | — | — | — | — | — |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.1m | $1.1m | $1.4m | $1.5m | $1.0m | $765,000 | $865,000 | $593,000 |
| Gross profit | $1.5m | $691,000 | $734,000 | $883,000 | $487,000 | $595,000 | $410,000 | $235,000 |
| Operating income | −$2.3m | −$4.8m | −$3.9m | −$2.8m | −$2.9m | −$3.9m | −$4.6m | −$3.6m |
| Net income | −$2.3m | −$4.5m | −$3.9m | −$2.8m | −$3.7m | $109,000 | −$7.6m | $2.0m |
| Diluted earnings per share | -0.04 | -0.08 | -0.08 | -0.05 | -0.07 | 0.00 | -0.17 | 0.04 |
| Cash from operations | −$2.0m | −$1.0m | −$2.0m | −$2.0m | −$1.0m | −$3.0m | −$1.0m | — |
| Total assets | $15.3m | $16.7m | $16.0m | $18.2m | $15.6m | $18.0m | $15.1m | $18.8m |
| Cash and short-term investments | $4.8m | $7.3m | $3.5m | $6.0m | $4.2m | $6.2m | $3.6m | $4.9m |
| Debt | $91,000 | $90,000 | $320,000 | $305,000 | $384,000 | $570,000 | $567,000 | $514,000 |
| Shareholders' equity | $13.3m | $14.4m | $11.5m | $14.1m | $11.8m | $2.6m | $250,000 | $6.4m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -16.6% | 3.4% | — |
| Operating income | -8.7% | 0.6% | — |
| Net income | -16.3% | -3.9% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 56.3% | 50.5% | 45.4% | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Price to earnings | -11.9 | -16.5 | -4.5 | -4.0 | -3.8 | -8.7 | -13.3 | -13.5 |
| Price to sales | 26.4 | 21.5 | 22.2 | 8.6 | 12.1 | 27.8 | 159.5 | — |
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|
| Return | 39% | -33% | 13% | -18% | -30% | -8% | 106% | -1% |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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