E 
0.89
-6.26%
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
−$4.9m
FY2016FY2025
Free cash flow
−$8.6m
FY2016FY2025
Shareholders' equity
$3.9m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | — | $500,000 | — | $28.8m | −$483,000 | $16.6m | $1.3m | $118,000 | $9.7m | $1.0m |
| Research and development | $3.3m | — | $1.4m | $19.8m | $49.0m | $32.1m | $19.3m | $14.1m | $13.1m | $13.7m |
| Operating income | −$10.1m | −$9.7m | −$15.0m | −$1.8m | −$62.6m | −$25.4m | −$26.6m | −$22.1m | −$10.2m | −$16.2m |
| Net income | −$4.9m | −$9.7m | −$16.9m | −$2.6m | −$64.1m | −$24.7m | −$26.3m | −$22.4m | −$11.0m | −$16.9m |
| Diluted earnings per share | -0.79 | -1.61 | -9.78 | -0.52 | -21.70 | -8.48 | -10.24 | -15.15 | -8.27 | -12.88 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $14.0m | $15.1m | $11.6m | $23.3m | $64.9m | $100.4m | $115.3m | $28.8m | $29.0m | $20.6m |
| Cash and short-term investments | $3.7m | $12.5m | $816,000 | $8.6m | $39.1m | $82.1m | $110.8m | $26.3m | $25.8m | $19.6m |
| Total liabilities | $10.1m | $8.3m | $8.5m | $8.4m | $53.6m | $38.9m | $34.5m | $7.8m | $9.0m | $18.1m |
| Debt | $176,000 | $5.9m | $6.7m | $7.3m | $14.7m | $24.8m | $5.3m | $4.9m | $4.9m | $5.9m |
| Shareholders' equity | $3.9m | $6.8m | $3.0m | $14.9m | $11.2m | $61.5m | $80.7m | $21.0m | $20.0m | $2.4m |
| Shares outstanding | 6m | 6m | 2m | 5m | 3m | 3m | 3m | 1m | 1m | 1m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −$8.6m | −$2.9m | −$10.4m | −$35.7m | −$34.8m | −$39.3m | $1.3m | −$19.5m | −$19.8m | −$5.0m |
| Capital spending | −$1,000 | — | — | −$10,000 | −$968,000 | −$3.2m | −$1.1m | −$94,000 | −$926,000 | −$394,000 |
| Free cash flow | −$8.6m | −$2.9m | −$10.4m | −$35.7m | −$35.8m | −$42.4m | $235,000 | −$19.6m | −$20.7m | −$5.4m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Operating income | −$1.1m | −$1.8m | −$3.5m | −$2.4m | −$2.5m | $2.9m | −$7.6m | −$2.6m |
| Net income | −$1.1m | −$1.8m | −$2.9m | −$2.4m | −$2.6m | $3.0m | −$7.2m | −$1.1m |
| Diluted earnings per share | -0.18 | -0.29 | -0.46 | -0.39 | -0.42 | 0.48 | -1.19 | -0.18 |
| Cash from operations | — | −$1.0m | −$1.0m | −$3.0m | −$2.0m | −$1.0m | — | — |
| Total assets | $11.4m | $12.8m | $14.0m | $15.3m | $18.7m | $20.7m | $15.1m | $10.6m |
| Cash and short-term investments | $1.7m | $2.6m | $3.7m | $4.4m | $7.9m | $10.4m | $12.5m | $343,000 |
| Debt | — | $22,000 | $176,000 | $340,000 | $476,000 | $592,000 | $722,000 | $697,000 |
| Shareholders' equity | $977,000 | $2.1m | $3.9m | $6.9m | $8.9m | $11.4m | $6.8m | $1.5m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Operating income | 78.0% | -16.8% | -2.6% |
| Net income | 24.2% | -27.5% | -9.3% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Price to earnings | -6.9 | -8.5 | -0.3 | -11.1 | -1.4 | -18.6 | -24.9 | -20.8 |
| Price to sales | — | 164.8 | — | 1.0 | -185.3 | 27.6 | — | — |
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|
| Return | -65% | 466% | -13% | -90% | -81% | -25% | -7% | -3% |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years.
- 5-to-1 reverse split · 28 Aug 2024
- 30-to-1 reverse split · 30 Jun 2022
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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