X 
0.94
+5.31%
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
$22.5m
FY2016FY2025
Net income
−$68.8m
FY2016FY2025
Free cash flow
−$36.8m
FY2016FY2025
Shareholders' equity
$20.4m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $22.5m | $3.2m | $4.6m | $6.1m | $16.0m | $9.3m | $6.3m | $3.8m | $3.9m | $53.2m |
| Research and development | $5.2m | $4.0m | $1.4m | $4.5m | $14.1m | $6.5m | $3.9m | $1.2m | $964,000 | $2.3m |
| Operating income | −$41.0m | −$28.0m | −$5.7m | −$17.7m | −$49.2m | −$25.1m | −$30.2m | −$17.7m | −$14.4m | −$16.5m |
| Net income | −$68.8m | −$35.6m | −$25.1m | −$63.4m | −$69.2m | −$29.2m | −$34.0m | −$24.6m | −$35.0m | −$27.1m |
| Diluted earnings per share | -2.10 | -21.13 | -16.95 | -253.07 | -473.66 | -1,461,500.00 | -0.92 | -0.64 | -233.73 | -0.74 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $81.2m | $24.3m | $23.8m | $57.6m | $156.7m | $59.0m | $21.2m | $12.2m | $27.7m | $66.5m |
| Cash and short-term investments | $16.7m | $4.1m | $6.3m | $9.3m | $95.6m | $26.0m | $4,726 | $1.1m | $189,000 | $1.9m |
| Total liabilities | $50.8m | $17.7m | $17.0m | $25.5m | $28.5m | $14.3m | $15.2m | $7.4m | $46.5m | $63.8m |
| Debt | $11.4m | $3.1m | $9.1m | $16.9m | $5.2m | $7.5m | $2.1m | $4.2m | $3.8m | $10.9m |
| Shareholders' equity | $20.4m | $6.6m | $6.3m | $33.3m | $126.5m | $44.6m | $6.0m | $4.8m | −$16.8m | $4.7m |
| Shares outstanding | 33m | 2m | 1m | 0m | 0m | — | 37m | 38m | 0m | 36m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −$36.6m | −$22.3m | −$4.2m | −$34.0m | −$4.4m | −$20.6m | −$10.7m | −$26.8m | $2.2m | −$2.8m |
| Capital spending | −$215,000 | −$115,000 | −$17,000 | −$1.2m | −$47,201 | −$1.8m | −$1.0m | −$892,000 | −$1.4m | −$2.1m |
| Free cash flow | −$36.8m | −$22.4m | −$4.2m | −$35.2m | −$4.5m | −$22.4m | −$11.7m | −$27.7m | $894,000 | −$4.9m |
| Dividends paid | −$408,000 | — | −$10.0m | — | — | — | — | — | — | — |
Latest quarters
By quarter end
| Sept 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $32.4m | $27.7m | $18.9m | $2.5m | $600,000 | $484,000 | $1.0m | $918,000 |
| Operating income | −$9.1m | −$10.4m | −$9.3m | −$14.8m | −$7.0m | −$9.9m | −$16.5m | −$4.2m |
| Net income | −$2.8m | −$35.3m | −$21.6m | −$13.4m | −$20.9m | −$12.9m | −$13.9m | −$4.4m |
| Diluted earnings per share | -0.07 | -0.92 | -0.66 | -0.41 | -0.64 | -0.39 | -8.22 | -2.63 |
| Cash from operations | −$10.0m | −$10.0m | −$6.0m | −$8.0m | −$6.0m | −$15.0m | −$8.0m | −$6.0m |
| Total assets | $72.8m | $78.3m | $81.2m | $47.9m | $35.4m | $27.1m | $24.3m | $29.3m |
| Cash and short-term investments | $7.2m | $15.2m | — | $32.2m | $20.0m | $8.0m | $4.1m | $511,000 |
| Debt | $14.3m | $11.7m | $450,000 | $98,000 | $160,000 | $156,000 | $2.8m | $2.9m |
| Shareholders' equity | −$22.9m | −$23.9m | $20.4m | $12.2m | $13.4m | $14.3m | $6.6m | $6.9m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 54.4% | 19.3% | -10.3% |
| Operating income | 32.4% | 10.3% | 14.0% |
| Net income | 2.7% | 18.7% | 19.4% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | -268.4% | -254.0% | -270.4% | -131.0% |
| Net margin | -406.2% | -530.3% | -472.3% | -216.4% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -0.6 | -0.1 | -14.4 | -18.3 | -145.3 | -147188.9 | -608644.7 | -14843928.3 | -1274063.1 | -3586129562.5 |
| Price to sales | 1.8 | 1.0 | 79.1 | 189.3 | — | — | — | — | — | — |
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Return | -35% | -99% | -94% | -94% | -36% | -72% | -96% | -96% | -87% | -64% |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years.
- 250-to-1 reverse split · 10 Jan 2025
- 100-to-1 reverse split · 13 Mar 2024
- 75-to-1 reverse split · 7 Oct 2022
- 45-to-1 reverse split · 7 Jan 2020
- 40-to-1 reverse split · 2 Nov 2018
- 30-to-1 reverse split · 6 Feb 2018
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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